Support Our Sponsors!
 |
Canola
Seed |
|
 |
We
invite you to listen to us on great radio stations
across the region on the Radio Oklahoma Network
weekdays- if you missed this morning's Farm News - or
you are in an area where you can't hear it-
click
here for this morning's Farm news
from Ron Hays on RON.
Let's Check the
Markets!
Today's
First Look:
Ron
on RON Markets as heard on K101
mornings
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Etc.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Current
cash price for canola is $12.73 per bushel at the Northern
Ag elevator in Yukon as of the close of business
yesterday.
Futures
Wrap:
Our
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
Feeder
Cattle Recap:
The
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
Slaughter
Cattle Recap:
The
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
TCFA
Feedlot Recap:
Finally,
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
| |
Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Friday,
July 13,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured Story:
Broad Array of Farm Groups
Respond Positively to Ag Committee Passage of
FARRM Act
A
wide range of ag-related groups responded
positively to the passage of the FARRM bill by the
House Agriculture Committee early Thursday
morning. While some said they would like to see
minor changes to the bill, the groups were pleased
with the vast majority of its
substance.
Bob
Stallman, president of the American Farm
Bureau Federation said farmers are not going to
receive all the provisions they had hoped for in
this bill, but he commended "the bipartisan
efforts that went into providing farmers and
ranchers the risk management, marketing,
conservation and trade tools necessary to ensure a
solid, predictable agricultural economy over the
next few years."
National
Farmers Union President Roger
Johnson said his group was pleased the
bill included protection from long-term price
collapse. He also said they were pleased the
committee turned back amendments to alter the
no-cost sugar program and remove the Dairy Market
Stabilization Program.
National
Cotton Council Chairman Chuck
Coley said his group was appreciative the
Committee retained the Stacked Income Protection
Plan and crop insurance enhancements.
The
National Association of Conservation Districts was
pleased with the bill even though it means cuts to
the conservation title.
"While
the FARRM Act does call for cuts to conservation
spending, we believe it does so through a
common-sense approach, which consolidates and
streamlines programs," said NACD President
Gene Smith.
Click
on the name of the organization below to read its
statement:
American Farm Bureau
Federation
CropLife America
National Cotton
Council
National Council of Farmers
Cooperatives
National Association of Conservation
Districts
National Association of Wheat
Growers
National Farmers Union
National Sorghum
Producers
Specialty Crop
Alliance
The
REAL QUESTION this morning when it comes
to the 2012 Farm Bill is exactly what is House
Speaker John Boehner thinking
about this piece of legislation- he holds in his
hands the power to either allow the process to
move forward or see it placed up on a shelf- never
to be seen or heard from again- click here for our Friday morning
Farm News as heard on our radio network- we
feature audio comments from the Speaker on
Thursday about giving Frank Lucas
floor time.
|
Sponsor
Spotlight
We are pleased to
have American Farmers & Ranchers
Mutual Insurance Company as a
regular sponsor of our daily update. On both
the state and national levels, full-time staff
members serve as a "watchdog" for family
agriculture producers, mutual insurance company
members and life company members. Click here to go to their AFR
website to learn more about
their efforts to serve rural
America!
We
welcome Winfield Solutions and
CROPLAN by Winfield as a sponsor
of the daily email- and we are very excited to
have them join us in getting information out to
wheat producers and other key players in the
southern plains wheat belt more information about
the rapidly expanding winter canola
production opportunities in Oklahoma.
CROPLAN has had three varieties in the winter
canola trials this year- all three Glyphosate
resistant- HYC115W, HYC125W and HYC154W. Click here for more information on
the CROPLAN Genetics lineup for winter
canola.
|
Ag
Secretary, Environmental, and Corn Groups
Dissatisfied with 2012 Farm
Bill
Agriculture
Secretary Tom Vilsack, the
National Corn Growers Association, and some
environmental groups expressed their displeasure
with the text of the 2012 Farm Bill passed out of
the House Agriculture Committee
Thursday.
In
a sharply-worded statement, Vilsack took issue
with the Ag Committee's version of the
bill.
"Americans
deserve a farm and jobs bill that reforms the
safety net for producers in times of need,
promotes the bio-based economy, conserves our
natural resources, strengthens rural communities,
promotes job growth in rural America, and supports
food assistance to low-income families.
"Unfortunately, the bill produced by the
House Agriculture Committee contains deep cuts in
SNAP... As the legislative process moves forward,
the Administration will continue to seek policy
solutions and savings across the Farm Bill that
are consistent with the President's budget."
You can read more of Vilsack's
comments here.
Vilsack
was joined in his criticism of cuts to the SNAP
program by the Environmental Working
Group.
"The
farm bill passed by the House Agriculture
Committee last night is quite simply the worst
piece of food and farm legislation in recent
memory," said Scott Faber, EWG's
vice-president for government affairs. Click here for EWG's
statement.
Another
environmental group, the Izaak Walton League,
criticized the bill for not imposing nationwide
restrictions on farmers who would put grasslands
into production. Read their statement
here.
National
Corn Growers Association President Garry
Niemeyer said his group is
"disappointed the House Agriculture
Committee's passed version of the 2012 farm bill
does not include a more viable market-oriented
risk management program... we feel there needs to
be significant changes made to the legislation.
Our farmers will be working with members of the
House of Representatives to ensure those changes
are included in a final package." Niemeyer's remarks are available by
clicking here.
|
Post-Harvest
Numbers Confirm Quality, Quantity of Oklahoma's
Bountiful 2012 Wheat Crop
Wheat
harvest is now over and Mike
Schulte, the executive director of the
Oklahoma Wheat Commission has had a chance to go
over some numbers and get a more detailed picture
of how Oklahoma producers performed this year. He
spoke with us recently about his
observations.
Obviously, harvest was
extremely early this year due to an exceptionally
mild winter and heavy rains throughout early
spring. Schulte said he has never seen such a
year.
"Never have I ever had harvest be
three weeks early and still have a great harvest.
So, from a lot of accounts it was really great the
harvest over with soon, but also have what we
would consider a bumper crop for Oklahoma."
You can click here to read more of
Mike Schulte's observations, or listen to his
interview with us.
You
can also catch Mike this Saturday morning on "In
the Field' on News 9 about 6:40.
|
May
Pork Exports Continue Upward Trend; Beef Results
Mixed
U.S.
pork exports in May were up 3 percent in volume
(186,809 metric tons) from a year ago and 9
percent higher in value ($524.3 million). Through
the first five months of the year, pork exports
exceeded last year's record pace by 6 percent in
volume (968,485 metric tons) and 15 percent in
value ($2.7 billion). Although May was the
strongest month so far this year for U.S. beef
exports, volume (95,221 metric tons) was down 13
percent compared to May 2011 and stood 10 percent
lower (456,343 metric tons) through the first five
months of the year. Beef export value in May
($471.1 million) was 4 percent higher than a year
ago, which kept year-to-date export value ($2.19
billion) 5 percent ahead of last year's record
pace. These results are based on statistics
released by the USDA and compiled by the U.S. Meat
Export Federation (USMEF).
With the
exceptions of South Korea, Taiwan and the
Philippines, U.S. pork export value is trending
upward to every major destination. Exports to
Korea were extremely high in 2011, due in part to
a foot-and-mouth disease-related shortage of
domestic pork and temporary duty-free access for a
large volume of imports. U.S. exports to Korea
through May stood at 77,790 metric tons valued at
$222.8 million, down 32 percent in volume and 19
percent in value from last year's record pace, but
still far exceeding exports in the first five
months of any previous year.
You can read more about the May
export results by clicking here. You'll
also find a link to the full USMEF report.
|
Corn
is Still King in Grain Markets, Anderson Says
Grain
markets reacted to the release of the USDA's WASDE
report this week, and OSU Small Grains Marketing
Specialist Kim Anderson said the
report sent the markets higher with corn in the
driver's seat.
"Corn is still running the
market and after that WASDE release that came out
Wednesday, Wednesday was a volatile day for both
corn and wheat. Corn production lowered 12.3
percent to 12,970,000,000 bushels down from over
14. You look at corn ending stocks, they were
lowered almost 35 percent down to 1,180,000,000.
Some analysts believe that in August the USDA will
lower the corn ending stocks lower, maybe even
below a billion bushels. So we had quite a shock
with corn. Corn prices are still holding the wheat
prices."
Anderson said lower expectations
for corn stocks were good for wheat
prices.
Click here to listen to Kim
Anderson's analysis and read a rundown of this
week's SUNUP program.
|
Noble
Foundation Scientists Earn Major Research Grant
Three
scientists at The Samuel Roberts Noble Foundation
recently received a $6.5 million grant from the
National Science Foundation (NSF) to expand
research aimed at understanding and enhancing
symbioses with legumes that are crucial for
sustainable agriculture.
Drs. Michael
Udvardi, Rujin Chen and Kiran Mysore received the
four-year grant, which is the second largest ever
received by the Noble Foundation in its 67-year
history. "All NSF grants are highly competitive,"
said Richard Dixon, D.Phil., director of the Plant
Biology Division. "Being awarded this grant
underscores the quality of research being
conducted here at the Noble Foundation and the
critical nature of this legume research."
The Noble Foundation is internationally
recognized for its research into legumes,
including economically significant crops such as
alfalfa and clover. Legumes play an invaluable
role in sustainable agriculture because they
develop nitrogen-fixing root nodules that
accumulate bacteria (called rhizobia) that can
convert atmospheric nitrogen to ammonia. In
essence, they can create their own source of
nitrogen fertilizer.
You can read more about this grant by
clicking here.
|
This
N That- the Three Ws- Weather, Wind and Wheat
We
start with the weather- our buddy Kim
Anderson told SUNUP this week that corn
remains the "king" in the grain markets- but it's
all about there being a robust "weather" market to
crown corn at this point- and while the focus on
the "weather" market for US agriculture is clearly
the US midwest- Mother Nature has been weaning us
off significant rainfall in recent weeks- and now
virtually all of Oklahoma is in at least moderate
drought (99.15%)- much better than a year ago when
we were in the epicenter of exceptional drought-
click here to check out the latest
Drought Monitor for Oklahoma and some thoughts
about all of that from Gary
McManus of the Oklahoma Climatological
Survey.
One
thing that at least some Oklahoma land owners are
learning is that we can make money from the "wind
sweeping down the plains" that is one of the
trademarks of our state. Shannon
Ferrell- Ag Legal Guru from OSU- is
holding a seminar on how to deal with the people
who call or come by your place and want to lease
from you "wind rights." Ferrell says that
the workshop will be held in Woodward tomorrow-
July 14- at the High Plains Technology Center- and
while they would have like to have already heard
from you that you are coming- give the Woodward
County Extension folks a call at 580-254-3391 to
sign up for the free all day event. Click here for our calendar item
about this workshop for a few more details.
Finally-
we focus for a moment on wheat harvest- the 2012
Hard Red Winter Wheat harvest is rounding the
final turn and rolling into the home stretch- with
Wyoming more than half way done- and harvest set
to begin in Montana of HRW. Mark
Hodges and the Plains Grains folks
continue to track it northward- and have the
latest quality numbers as sampling of the new crop
continues- click here for Mark's latest
update on what was been, in general, a much
better HRW wheat harvest than in 2011.
|
|
God Bless!
You can reach us at the following:
phone: 405-473-6144
| | |