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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!
Our
Market Links are a service of Oklahoma Farm Bureau
Insurance
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:
Cash price for canola was
$9.97 per bushel- based on delivery to the Northern AG
elevator in Yukon yesterday. The full listing of cash
canola bids at country points in Oklahoma can now be
found in the daily Oklahoma Cash Grain report- linked
above.
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
Thursday, November 15,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Natural
Resources and Conservation Service Head Announces
Retirement
Dave
White, chief of the Natural Resources and
Conservation Service for the last four years,
announced that he is retiring effective Dec. 3,
2012.
White began with the NRCS 35 years
ago in Missouri as a conservationist. He is known
for advocating farmer-friendly plans which help
expand conservation practices.
He worked
for six years in Montana before moving to
Washington, D.C., where he helped craft the 2008
Farm Bill with Iowa Senator Tom
Harkin.
USDA-NRCS Under Secretary
Harris Sherman praised White and
said, "Dave has moved with great speed to
implement bold ideas and redefine private land
conservation to address the challenges and
opportunities of this century." You can read more about Dave White's
career and his successor at the NRCS by clicking
here.
National
Association of Conservation Districts (NACD)
President Gene Schmidt said,
"Chief White is a tremendous advocate for natural
resource conservation and he will be missed by the
entire conservation district community. He
understands the issues, truly cares about the
mission, and knows what it takes to get
locally-led conservation done on the ground." Click here for more of Gene Schmidt's
comments on Dave
White.
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Sponsor
Spotlight
We
are proud to have P & K
Equipment as one of our regular sponsors
of our daily email update. P & K is Oklahoma's
largest John Deere Dealer, with ten locations to
serve you. P&K is also proud to announce
the addition of 6 locations in Iowa, allowing
access to additional resources and inventory to
better serve our customers. Click here for the P&K
website- to learn about the location nearest
you and the many products they offer the farm and
ranch community.
We
are also excited to have as one of our sponsors
for the daily email Producers Cooperative
Oil Mill, with 64 years of progress
through producer ownership. Call Brandon Winters
at 405-232-7555 for more information on the
oilseed crops they handle, including sunflowers
and canola- and remember they post links
to Oklahoma elevators buying canola on
their PCOM website- go there by clicking
here.
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Cow
Herd Decline Will Continue Into 2013, Rabobank
Analyst
Predicts
The
beef cattle industry continues to weather the
drought throughout the central United States by
reducing herd size. Continuing drought, high feed
prices, and the lack of forage are contributing
factors hampering opportunities to rebuild the
nation's mama cow herd.
I spoke recently
with Don Close, a veteran cattle
market watcher and Vice President of Rabobank's
Food and Agricultural Research Advisory Group. He
says, without a doubt, the drought has hit the
industry hard, but the decline may be
slowing.
"It set us back, easily, a year if
not two years. The one thing that I think we will
be, hopefully, pleased to find that when we get
the cattle inventory report in January, if you
look at the rate of beef cow slaughter that we
have had the second half of '12, that's never
developed at the pace that so many people
anticipated that it would. Are we going to see
another year of net decline in female numbers?
Unquestionably, we will. But, will it be as severe
as we were fearing during July and August?
Probably not."
Even with the reduced size
of the cow herd, Close says it is important to
acknowledge that we are still looking at record
beef production.
Don Close joins us on the latest Beef
Buzz. Click here to listen in.
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From
AAM to the Wild Blueberry Commission of Maine- 235
Groups Call on Congress to Pass Five-Year
Farm Bill
With
Congress returning to the Capitol after a
month-long recess, a huge list of groups signed
onto a letter that presses House leaders to pass a
five-year farm bill before the end of the
legislative session in December.
Several
popular conservation programs - including the
Conservation Reserve Program, Wetlands Reserve
Program, Grassland Reserve Program, and Chesapeake
Bay Watershed Initiative - have not had authority
to hold new enrollments since the last farm bill
expired in September.
It was an impressive
list of groups that included both national and
state organizations- National Farmers Union and
most of the major commodity groups were
signors as they called on the House of
Representatives to pass a five-year farm bill.
Three names that I noticed were NOT on the list of
groups that signed- American Farm Bureau, the
National Pork Producers Council and the
National Cattlemen's Beef Association.
"This legislation is of paramount
importance to the diverse, bipartisan
constituencies our organizations represent," the
letter said. "Failure to pass a new five-year farm
bill before the year's end will create significant
budget uncertainty for the entire agricultural
sector."
Click here to read more and to find
links to the letters sent to
Congress.
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Tulsa
Farm Show Expands to Fill Both Floors of Quik Trip
Center
November
is rapidly slipping away and with the coming of
December is the Tulsa Farm Show. The event will be
held from December 6-8 at the Quik Trip Center at
the Tulsa Fairgrounds.
John
Sampson is the show's owner and said this
year's show holds a big surprise. For the first
time, the show will feature exhibitors on both
floors of the Quik Trip Center. In previous years
the show was only held on the upper floor, but
Sampson says the demand was there so they have
begun filling the lower floor with exhibits and
activities of all kinds.
"We've got a nice
complement of exhibitors already committed to
going in down there. We've got some new prizes as
well. We've got $1,000 early bird giveaway that we
do in some other shows including Oklahoma City
where folks who come before noon can register and
at noon we draw for $1,000 in a merchandise
certificate than can be spent with any of the farm
show exhibitors."
The show is in its 19th
year and features horse training expert Craig
Cameron all three days. Sampson says that,
as always, admission and parking are free.
You can read more details and listen
to an interview with John by clicking
here.
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AFBF
Urges House to Pass Russia PNTR
The
American Farm Bureau Federation this week urged
the House of Representatives to pass legislation
granting Permanent Normal Trade Relations with
Russia. The House is scheduled to vote on Russia
PNTR this week.
Russia formally joined the
World Trade Organization in August. But, PNTR for
Russia must be enacted by Congress in order to
guarantee U.S. access to the market-opening and
legal aspects that are part of the Russia-WTO
agreement.
"Russia PNTR is a critical step
toward ensuring the U.S. benefits from Russia's
accession to the WTO and remains competitive in
that market," said AFBF President Bob
Stallman. "U.S. farmers will have more
certain and predictable market access as a result
of Russia's commitment not to raise tariffs on any
products above the negotiated rates and to apply
international food safety standards in a uniform
and transparent manner."
Click here to read
more.
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Nitrate
Toxicity and the First Winter Snow
Storm
Glenn
Selk, Oklahoma State University Emeritus
Extension Animal Scientist, writes in the latest
Cow-Calf Newsletter about keeping a close eye on
your cattle herd this winter.
Almost
as predictable as the coming of the winter season
will be the quickly spread horror story of the
death of several cows from a herd that was fed
"the good hay" for the first time after the snow
storm. Ranchers that have harvested and stored
potentially high nitrate forages such as forage
sorghums, millets, sudangrass hybrids, and/or
johnsongrass, need to be aware of the increased
possibility of nitrate toxicity. Of particular
concern, is the scenario whereby the cows are fed
this hay for the first time after a severe winter
storm. Cattle can adapt (to a limited extent) to
nitrate intake over time. However, cattlemen often
will feed the higher quality forage sorghum type
hays for the first time during a stressful cold
wet winter storm. Cows may be especially hungry,
because they have not gone out in the pasture
grazing during the storm. They may be stressed and
slightly weakened by the cold, wet conditions.
This combination of events makes them even more
vulnerable to nitrate toxicity.
The
rancher is correct in trying to make available
higher quality forage during severe winter weather
in an effort to lessen the loss of body weight and
body condition due to the effect of the wind
chill. But if the forage he provides to the cows
is potentially toxic, his best intentions can
backfire.
Click here to read more from Glenn
Selk.
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For
Oklahoma Wheat Producers- Exports DO
Matter
We
feature in today's Farm News on the Radio
Oklahoma Ag Network (Click here to listen) the
concerns that US Wheat Associates have about the
disruption in funding the MAP and FMD programs
which provide money to groups like them that
promote US farm products globally. In the case of
US Wheat- the contention is that it's all about
relationships- and if the breakdown in getting a
farm bill done extends into 2013 (and there is no
extension that keeps these programs authorized)-
offices around the world may have to be closed for
the time being and that could jeopardize valuable
relationships that have taken years to build on
behalf of US wheat producers.
So
beyond the question of when will House Republican
Leadership get their rear ends in gear and allow a
farm bill to move forward- some folks may wonder
how much value do exports really provide back down
the pipeline to farmers anxiously watching their
2013 wheat crop, hoping for rain. Well, our
friend Dr. Kim Anderson has been
playing with an Excel spreadsheet- and the numbers
that have been dropped in suggest a huge amount of
the US wheat crop is exported.
Over
an average of the last 12 years- 63% of
the value of the Oklahoma wheat crop has been
because of exports. The Oklahoma crop in
recent years that is considered the most valuable
in terms of dollars was the 2008 wheat crop-
it was pegged as a $1.1 Billion dollar crop.
Sixty six percent of the value of that crop was
because of exports, according to figures compiled
by Dr. Anderson.
The
most recent crop he was able to pull the numbers
on was the 2011 crop- a short crop in terms of
production- but one that was sold at historically
high prices. The overall value of the 2011
crop was $563 million- and exported value assigned
to that 2011 crop was $441 million- meaning that
78% of the value of last year's short wheat crop
can be traced back to exports.
So-
do programs like the MAP and FMD programs offer
value back to Oklahoma Wheat Producers? You
Betcha- because so much value comes back to that
producer's bank account because of exports.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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