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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 $13.50 per bushel at the Northern
Ag elevator in Yukon as of the close of business
Friday.
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.
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Monday,
July 23,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Peterson
Blasts House Leadership for Refusal to Debate Farm
Bill- Lucas Looking at
Options
U.S.
House Agriculture Committee Ranking Member
Collin C. Peterson, D-Minn., made
the following statement after House Republican
leaders outlined next week's floor schedule, which
does not include the farm bill. This leaves only
four legislative days to consider the bill before
Congress adjourns for their August
recess.
"There is no excuse not to bring
the farm bill to the floor. We've wasted the last
two weeks on political messaging bills that are
going nowhere. If the House Republican Leadership
were serious about creating jobs and growing our
economy they would bring up this bill. There is no
good reason to put one of our nation's economic
bright spots, the rural economy, at risk.
"The House Agriculture Committee passed a
strong, bipartisan farm bill and we need to
continue moving forward so we can resolve our
differences with the Senate and get a bill to the
President's desk before the current bill expires
September 30. I remain hopeful we'll find a way to
finish our work but time is running out."
The
Chairman of the Committee, Oklahoma Congressman
Frank Lucas, was in Panama City Beach,
Florida over the weekend at the Southern Peanut
Growers summer conference- we have comments from
Chairman Lucas in our Monday morning Farm and
Ranch news as heard on the Radio Oklahoma Ag
Network- he says he is "spending time" with both
Speaker John Boehner as well as with Majority
Leader Eric Cantor about getting floor time- and
that while he would prefer regular order- that any
other option out there that could result in a farm
bill getting done this year is being explored. Click here to listen to our morning
farm news and hear Chairman Lucas on finding a
way across the finish line.
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Sponsor
Spotlight
We
are delighted to welcome the Oklahoma
Cattlemen's Association to our great
lineup of Email Sponsors. Coming up later
this month- the OCA will be holding their 60th
Annual Convention and Trade Show at the Reed
Center in Midwest City. If you are involved
in any way in the cattle business in our state-
you are invited to come and be a part of the
meeting- and to get involved as a member of this
great grass roots organization. They do a
tremendous job of representing the cattle
producers at the State Capitol as well as in our
Nation's Capitol. Click here for more details about
their upcoming anniversary Convention that
will be happening July 26 thru the 28th in Midwest
City.
It is great to have as a regular
sponsor on our daily
email Johnston
Enterprises- proud to be serving
agriculture across Oklahoma and around the world
since 1893. Service was the foundation upon
which W. B. Johnston established the company. And
through five generations of the Johnston family,
that enduring service has maintained the growth
and stability of Oklahoma's largest and oldest
independent grain and seed dealer. Click here for their website,
where you can learn more about their seed and
grain businesses.
Midwest Farm
Shows is our longest running sponsor
of the daily farm and ranch email- and they are
busy getting ready for want to thank everyone
for supporting and attending
the Southern Plains Farm Show
this spring. The attention now
turns to this coming December's Tulsa Farm
Show- the dates for 2012 are December 6
through the 8th. Click here for the Tulsa Farm Show
website for more details about this tremendous
all indoor farm show at Expo Square in Tulsa.
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U.S.
Cattle On Feed Up Two
Percent
The
latest USDA Cattle on Feed report showed the "On
Feed" number at 102 percent of year ago
levels, less than the trade had estimated.
Placements came in at 98 percent of year ago
levels, slightly less than what the trade
estimated. Marketings came in one percent above
trade estimates at 94 percent. The overall report
is looked on as neutral with very little impact on
the markets.
United
States Cattle on Feed Up was up three percent.
Cattle and calves on feed for slaughter market in
the United States for feedlots with capacity of
1,000 or more head totaled 10.7 million head on
July 1, 2012. The inventory
was three percent above July 1, 2011.
The inventory included 6.74 million steers and
steer calves, up four percent from the
previous year. This group accounted for 63 percent
of the total inventory. Heifers and heifer calves
accounted for 3.92 million head, up one
percent from 2011.
Placements in feedlots
during June totaled 1.66 million, two percent
below 2011. Net placements were 1.60 million head.
During June, placements of cattle and calves
weighing less than 600 pounds were 460,000,
600-699 pounds were 320,000, 700-799 pounds were
390,000, and 800 pounds and greater were
494,000.
You can hear Tom
Leffler of Leffler Commodities break down
all the numbers and give his take on
how they will affect the markets. Just click
here. |
OCA
Executive Director Compares Current Drought with
2011, Previews Upcoming Convention
As
the 2012 drought continues to worsen across
Oklahoma and a large part of the Midwest,
Scott Dewald, executive director
of the Oklahoma Cattlemen's Association, compared
it to last year's catastrophe for the state's
cattle producers. In some areas, he told us
during a recent interview, some producers are not
being hurt as badly as last year, while others are
seeing a continuation of the hardships of last
year's drought. All in all, he says, many of his
organization's members remain cautious and in
"drought management mode."
"While we were
at the epicenter last year, if you consider far
western Oklahoma and you look at the northeast
corner of the state of Oklahoma, they never came
out of it. Those guys continue to be dry and so
they've suffered drought conditions where the
middle two-thirds of the state of Oklahoma
experienced some good rains early this year. We
grew a lot of hay; put a lot of hay up. And, so,
some hay's been put in the barn.
He says
the demand for that hay is not as high this year
because, "we've already, and I hate to use the
term, but we've liquidated a lot of those cows, so
there are fewer mouths to feed."
Even with
fewer mouths to feed, Dewald says producers are
likely to see their feeding costs continue to rise
due to the hot dry weather across the corn
belt.
Click here for more of our
conversation with Scott Dewald and a link to the
agenda for the OCA annual convention.
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USDA
Announces Sign-Up Date for Highly Erodible Land
Initiative under the Conservation Reserve Program
Agriculture
Secretary Tom Vilsack announced
that the U.S. Department of Agriculture will begin
sign-up for the Highly Erodible Land Initiative
under the Conservation Reserve Program (CRP) on
July 23, 2012. The purpose of this initiative,
announced by Secretary Vilsack in February, is to
protect up to 750,000 acres of the nation's most
highly erodible croplands. Producers may enroll at
their local Farm Service Agency (FSA) county
office. Enrollment will continue until the 750,000
acre limit has been met.
"CRP is an
important program with more than 25 years of
success in protecting the nation's natural
resources through voluntary participation," said
Vilsack. "We are excited to include this new
initiative that targets the most fragile cropland,
in addition to other targeted initiatives that are
currently available under the CRP."
CRP is
a voluntary program designed to help farmers,
ranchers and other agricultural producers protect
their environmentally sensitive land. Currently,
29.6 million acres are enrolled in CRP. Through
this Highly Erodible Land Initiative, eligible
landowners receive annual rental payments and
cost-share assistance to establish long-term,
resource conserving covers on eligible cropland
for a period of 10 years. Croplands with an
erodibility Index of 20 or greater are eligible
for enrollment.
For more on this story, click
here.
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American
Farmland Trust States Case For Mandatory
Conservation Compliance on Crop and Income
Insurance
Three
U.S. agriculture leaders held a briefing for
Congress on Capitol Hill today to support
attaching conservation compliance to crop and
income insurance in the farm bill -- a measure
that would save taxpayer money, protect against
soil erosion and conserve natural
resources.
Conservation compliance, which
is not tied to the crop or income insurance
premium subsidies American farmers enjoy,
restricts participation by farmers on highly
erodible land in any other farm payment programs
unless the farmer agrees to maintain soil loss
below a basic, good stewardship level.
Jon Scholl, President
American Farmland Trust says:
*
Conservation compliance is a highly effective tool
in protecting soil and wetlands. The USDA Economic
Research Service reports that in the past 25
years, conservation compliance has reduced annual
erosion on our most vulnerable soils by 40
percent. Conservation compliance has also been a
major factor in achieving the goal of no-net-loss
of wetlands on farms.
* We are at risk of
effectively losing compliance. Since compliance
was removed from crop insurance in 1996, making
crop insurance the centerpiece of the safety net
will reduce the incentive for farmers to continue
following their conservation plans -- putting soil
and wetlands in jeopardy. This must not
happen.
Click here for more of the American
Farmland Trust's take on the conservation
compliance issue.
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Canola
TV Previews OSU-KSU Canola Conferences on July 26
and July 31
Farmers
in central and southwestern Oklahoma are invited
to attend the eighth annual Oklahoma-Kansas winter
canola conferences. The first conference will be
held July 26 at the Hoover Building at the
fairgrounds in Enid. Another conference with the
same information available will be held July 31 at
Western Oklahoma State College in Altus.
Discussion
topics will include the economics of wheat and
canola rotation, winter canola varieties available
for farmers to grow along with insect and disease
control and fertilization methods concentrating on
in-furrow applications and pH effects.
Crop
insurance, industry updates and the perspective of
growing winter canola from grain handlers are
other subjects to be explored at each
conference.
We
talked with Gene Neuens of PCOM
about these meetings planned for Thursday of this
week and Tuesday of next week- and you can learn
more about them by clicking here and jumping over to
this latest episode of Canola TV.
Canola
TV is a service of PCOM, and you can also check out our Canola TV YouTube
channel for the many previous reports that
offer lots of information on how to produce winter
canola here in Oklahoma and across the
southern plains.
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Good
Management Can Reduce Incidence of Heat Stress in
Cattle
Understanding
and avoiding heat stress in cattle can be a
valuable management tool in Oklahoma, where most
areas of the state experience 70 or more days each
year with temperatures that exceed 90 degrees
Fahrenheit.
"Cattle have an upper critical
temperature that is approximately 20 degrees
Fahrenheit cooler than humans," said Greg
Highfill, Oklahoma State University
Cooperative Extension area livestock specialist.
"When we're uncomfortable at 80 degrees and feel
hot at 90 degrees, cattle may well be in the
danger zone for extreme heat stress."
The
potentially bad news does not end there. Humidity
is an additional stress that intensifies ambient
temperature problems by making body heat
dissipation more difficult. In other words, it can
be tough to cool off in Oklahoma during the
summer, for people and cattle.
Click here for more information on
dealing with heat stress in cattle.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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