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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 $10.83 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 29,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
International
Team, USDA Sequence Bread Wheat's Large and
Complex Genome
Bread
wheat (Triticum aestivum) is one of the "big
three" globally important crops, accounting for
20% of the calories consumed by people. Fully 35%
of the world's 7 billion people depend on this
staple for survival. Now an international team of
scientists, including participants from the USDA,
has completed the first comprehensive analysis of
its full genome.
"By
unlocking the genetic secrets of wheat, this study
and others like it give us the molecular tools
necessary to improve wheat traits and allow our
farmers to produce yields sufficient to feed
growing populations in the United States and
overseas," said Catherine Woteki,
USDA's Chief Scientist and Under Secretary for
Research, Education and
Economics.
To
put the huge size of the bread wheat genome into
context, its constituent number of paired DNA
bases, or nucleotides, totals 17,000,000,000
base-pairs (17 Gb). This is about five times the
amount of DNA in the human genome. However, as
much as 80% of the bread wheat genome consists of
repetitive sequences. Because of the way genomes
are usually sequenced - by stitching together
hundreds of millions or billions of tiny fractions
of a full genome -- the bread wheat genome's size
makes it very hard to determine which part of the
genome any particular sequence has come from, and
whether it is a unique or repeat
sequence.
To tackle this challenge,
scientists used "next-generation" sequencing
techniques, in which the DNA is broken up randomly
into numerous small segments and assembled into
longer sequence "reads" by identifying the
overlapping ends. The sequence "reads" generated
for bread wheat were then compared to those from
the known sequences of a diverse range of grasses,
including rice and barley.
"These
results should have an significant impact on
breeding efforts and further research studies of
the wheat genomes and those of its wild
relatives," said Dr. W. Richard
McCombie of Cold Spring Harbor
Laboratory.
You can read more about the project
and find a link to the full study by clicking
here.
To read more about the USDA's
participation in the project, click here.
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Sponsor
Spotlight
We
are 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 closing market
prices for canola and sunflowers on
the PCOM website- go there by clicking
here.
We
are proud to have KIS
Futures as
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma Farmers & Ranchers
with futures & options hedging services in the
livestock and grain markets- Click here for the free market quote
page they
provide us for our website or call them at
1-800-256-2555- and their iPhone App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your iPhone.
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Ethanol
Industry Groups Claim Chain Restaurants Serving Up
RFS Scare
Tactics
The
Renewable Fuels Association claims the fast food
industry is playing fast and loose with the facts
when it comes to the impact of the Renewable Fuel
Standard (RFS) on food prices. Bob
Dinneen, president of the RFA, says that,
in both a study released this morning and in a
Wall Street Journal guest opinion piece, the
National Council of Chain Restaurants managed to
avoid any discussion of what really drives food
prices-energy costs.
"Clearly, Big Food and
Big Oil are on the defensive. They lost in their
bid for a waiver of the RFS, so now they are
resorting to super-sized myths about the impact of
the RFS on food prices. Every reasonable analysis
of the factors influencing food prices has
concluded that the cost of diesel fuel, gasoline,
and other energy inputs is the major driver. This
study conveniently avoids that issue," said
Dinneen, President of the Renewable Fuels
Association. "The bottom line is the RFS is
working. Renewable fuels have already displaced
10% of annual gasoline demand and dramatically
lowered fuel costs for all
Americans."
"The true culprit behind
rising food prices is the cost of energy, and in
particular oil," said Tom Buis,
CEO of Growth Energy. "Only 14 percent of the
price of food is attributable to the cost of the
commodity, while the rest can be attributed to
energy costs and marketing. The processing,
packaging, wrapping, storage, refrigeration and
transportation costs are the true drivers in price
increases. They are all energy intensive - it
takes a lot to bring food from the farm to the
table. And that does not include the countless
dollars used to market a
product."
Click here to read more of this
story.
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Can
Skyrocketing Land Prices
Hold?
In
his latest column for the University of
Tennessee's Agricultural Policy Analysis Center,
Daryll E. Ray examines the
possibility of a farm land bubble developing due
to high commodity prices.
In recent
weeks we have seen a flurry of reports of record
or near-record cropland prices across the corn
belt:
- On
Thursday, October 25, 2012, an 80.47 tract of
land in Iowa sold for $21,900/acre. Earlier in
that week, another parcel of prime Iowa farmland
sold for $19,100/acre.
- In
Nebraska, 1,855 acres were sold on November 8,
2012 for $15.13 million or an average of
$8,156.33/acre with some parcels selling in
excess of $11,000/acre.
- North
Dakota saw an 80-acre parcel of sugar beet and
potato farmland going for $800,000 or $10,000 an
acre; it too was sold on November 8.
"'Any
time you have an asset that doubles in value over
a decade, there is cause for concern about how
sustainable that growth is,' said Richard
A. Brown, chief economist at the Federal
Deposit Insurance Corporation."
You can read more of Daryll Ray's
analysis by clicking
here. |
Partial
Corn Stover Removal Reduces Management
Challenges
Corn
residue increases proportionally with corn yields,
creating management challenges for growers. To
help address those, agronomists and scientists
from DuPont Pioneer and DuPont Industrial
Biosciences teamed up to conduct research on the
impact of residue removal on the long-term
agronomic and environmental integrity of fields.
Stover is also evaluated for cellulosic ethanol
production, which has benefits for both farmers
and biofuel producers.
"In fields where
partial stover removal is an option, a sustainable
stover harvest program provides value to the
grower without negatively impacting the health and
productivity of the soil," says Andy
Heggenstaller, DuPont Pioneer agronomy
research manager for cellulosic ethanol. "There
are three primary factors we examine with growers
considering stover harvest, including field
productivity level, crop management practices and
erosion potential."
Individual field
evaluation is necessary as stover removal is not
an option for every field. In some highly
productive systems, residue may even be excessive
as a result of increased yields, improved stalk
quality and reduced tillage practices. Highly
productive, relatively flat, continuous corn
fields are best suited for stover removal and tend
to see the greatest agronomic benefits. In these
fields, corn stover production generally exceeds
the minimum amount needed to maintain soil health
and productivity, making sustainable stover
harvest a viable option.
You can read more by clicking
here.
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OSU
Fact Sheet Tackles Management of Cows with Limited
Forage Availability
In
the latest edition of the Cow-Calf Newsletter,
Glenn Selk, Oklahoma State
University Emeritus Extension Animal Scientist,
examines alternate feeding methods for cows and
calves as the drought continues.
Most
of the cow calf producers of the Midwest and
Southwest are going into winter with very limited
hay supplies and standing forage. As they search
for alternative methods to keep the cows in
adequate body condition this winter, some were
planning on wheat pasture that so far has not
received enough rain to grow. Therefore it has
become time to look for Plan B (or C or D). Most
of the alternatives after wheat pasture are not
easy or
inexpensive.
Information
that may provide guidelines for alternative winter
feeding methods can be found in an Oklahoma State
University Extension Fact Sheet: ANSI-3034 called "Management of Cows
with Limited Forage Availability." In this
fact sheet you will find:
- Culling
suggestions (if that has not already been done);
- Recommendations
about how much hay is needed if it is to be
purchased;
- Limit-feeding
grain with limited forage available
- Suggested
complete diets for cows fed in drylot
- Limit
energy concentrate feeding management tips
- Limit
feeding of hay
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NPPC
Says Junk Science Used to Scare Pork
Consumers
On
the day the U.S. Food and Drug Administration
suspended a company's production because of
salmonella-tainted organic peanut butter, the
advocacy group Consumers Union published an
article - in its magazine Consumer Reports -
designed to scare consumers into purchasing only
organic pork by using junk science against pork
from conventionally raised hogs, says the
president of the National Pork Producers
Council.
"Consumers Union resorted to
sensationalism because the 'science' it used
wouldn't stand up to even elementary scrutiny,"
said R.C. Hunt, a pork producer
from Wilson, N.C., and president of the NPPC.
"It's another attempt by that advocacy group to
push a social agenda that is not based on science
and one that, if successful, would take choice
away from consumers."
NPPC and scientists
such as Dr. Scott Hurd, former
U.S. Department of Agriculture deputy
undersecretary for food safety, strongly
criticized Consumers Union for attempting to link
antibiotics use in food animals with antibiotic
resistance in humans and for ignoring more than 15
years of data from federal public health agencies,
showing significant reductions in bacteria on
meat.
You can read more by clicking
here.
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Lucas
Wins Second Term as Chairman of the US House
Agriculture Committee
Rep. Frank
Lucas of Oklahoma issued the following
statement after the House Republican Conference
re-elected him to serve a second term as Chairman
of the Agriculture Committee for the 113th
Congress.
"It is an honor to serve in this
leadership position and I am grateful for the
opportunity to continue working on behalf of
America's farmers, ranchers, and rural
constituents.
"I am proud of the work the
Committee has completed over the past two years.
We have provided valuable oversight of the
Commodity Futures Trading Commission, the U.S.
Department of Agriculture, and the Environmental
Protection Agency to ensure that our agricultural
producers are not burdened with unreasonable and
costly regulations.
"And, we advanced a
strong, reform-minded, fiscally responsible farm
bill that can save billions of dollars and provide
certainty to our agricultural producers. This
process is not complete though I am confident that
it's just a matter of time.
"I look forward
to working with my colleagues to ensure the health
and vitality of production agriculture and rural
economies."
MEANWHILE-
work in Washington continues on the Fiscal Cliff
deal- and that may include a five year farm bill
embedded into it. We will be talking with
Congressman Lucas later this morning in advance of
a lunch planned with Ag Secretary Tom
Vilsack- and that will also include the
rest of the top House and Senate Ag Leadership-
check back on our website midday today to be able
to hear our visit with the Chairman.
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U.S.
Beef Industry Leaders Expected to Attend Alltech's
Global Beef 500
While
December is often a popular time to attend
statewide cattlemen's conventions, many of today's
leaders in the beef industry are making a
round-trip to Lexington, Ky., to explore the
latest advances in nutritional technologies and
share ideas for keeping their operations
efficient, profitable and sustainable. Alltech's
fifth annual Global Beef 500 will take place
December 4 to 6 and is expected to draw more than
500 beef producers.
Steve Van
Dyke, who owns a cow/calf operation near
Brookings, SD, attended Global 500 last year for
the first time and would like to attend again.
"The Global 500 was different from other
beef events I've attended because it offers a
worldwide perspective on beef production, beef
sustainability and beef quality improvement," said
Van Dyke. "Alltech's Global 500 provides
information to people in all phases of beef
production, but always in an insightful
way."
This year's agenda
seeks to once again offer some insight on topics
such as branding beef, social media, employee
training, decreasing carbon footprints and
mycotoxins as well as many presentations that will
address the core theme for the event, the EPS
principle- Efficiency, Profitability and
Sustainability.
Click here for more details and
registration
information.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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