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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 $10.86 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
Wednesday, December 5,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Producers,
Lawmakers Should Prepare for Worst-Case Drought
Scenario Now, Clay Pope
Says
With
over 90 percent of Oklahoma entering a third year
of extreme to exceptional drought, a lot of people
are beginning to wonder if the current drought
might indeed be as severe as that experienced in
the 1950s or even the 1930s.
Clay
Pope, executive director of the Oklahoma
Association of Conservation Districts spoke with
me and said there are a number of things federal
and state lawmakers as well as producers can do
beginning now to blunt the damage should the worst
come to pass.
"The first thing I would say
we need to do is pass the farm bill. The tools
that we need to make sure that we're helping
agriculture producers, that landowners have the
resources they need to protect the soil and water
and air for all of us is in the conservation title
of that farm bill. So we need to pass the farm
bill."
He
said state lawmakers should also be considering a
drought package-one that goes beyond basic soil
conservation measures.
"One
of the things I think that is desperately needed
is making sure we have ways to provide water for
livestock. We've seen what this has done so far to
our cattle herd in Oklahoma and that's only going
to get worse."
Pope said individual
producers should also be planning for a worst-case
scenario and get more familiar with their crop
insurance policies and alternate crops and
cropping methods.
Click here to read more of this story
and to catch the full audio interview with Clay
Pope.
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Sponsor
Spotlight
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.
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!
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Dave
Sparks Says Malnutrition Could Claim Many Cows
This Winter Without Proper
Management
With
many cow-calf operations hanging by a thread this
winter due to high feed and forage costs and
dwindling water supplies, Dave
Sparks, DVM, Oklahoma State University
Extension Area Veterinarian, offers some advice
for making the best of it in the latest Cow-Calf
Newsletter.
"I hear it every
day. All across Oklahoma ranchers
are looking at short winter pastures, scarce and
expensive hay, and high supplement costs. The
temptation is to hope that the cows can make it
through the winter and then everything will be
better next year. Unfortunately for some producers
who fail to meet the nutritional demands, there
will not be a next year."
Spark says many producers
are turning to baled crop residues to keep their
herds fed, but the danger of nitrate toxicity is
very real.
"Nitrates can cause death
of the cattle consuming the hay, but they cause
abortion in cows at an even lower
level. If the nitrate levels are
high, it can't be used for livestock unless it is
ground thoroughly and diluted with other
feeds."
He says some producers
might be tempted to gamble, but might just get
through the winter with thin cows unable to breed
back.
"That winter feed bill
looks awfully expensive if there is no paycheck
next year to cover it."
Click here to read more from Dave
Sparks and his strategies for getting cows safely
through the winter under drought
conditions.
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House
Ag Committee Chair Frank Lucas and Friends make
Progress on Commodity Title of 2012 Farm
Bill Proposal
Politico
is reporting this morning that a meeting between
the four Ag Committee leaders from the House and
Senate (which includes Oklahoma Congressman
Frank Lucas) are closer than ever
to being of one mind on Title One of their
otherwise similar Farm Bill Proposals.
Chairlady
of the Senate Ag Committee, Debbie
Stabenow, called the Tuesday meeting of
the four leaders a very positive session-
Politico's David Rogers says the key apparently is
a shift by Kansas Senator Pat
Roberts- "Time is certainly running
short, if there is any hope of salvaging a bill
before this Congress ends. But in a major effort
to get a compromise, Roberts said last week that
he is prepared to drop his opposition to target
price supports favored by many Southern producers.
And it's expected the final commodity title will
include these, together with a new "shallow loss"
revenue insurance option favored by the Senate and
many Midwest corn and soybean farmers.
"The
outdated and costly system of direct cash payments
to producers would be ended. Together with cuts
from food stamps, the end result is the Senate and
House farm bills promise net savings of between
$24 billion and $35 billion over 10 years.
And
if a deal can be reached, one option would be to
wrap the final farm bill compromise into whatever
deficit-reduction plan emerges from White
House-Republican budget talks."
Click here to read the complete
article as found on the Politico
website.
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USMEF's
Korean Director Says U.S. Exporters' Tariff
Advantages Grow Due to FTA
With
exports of both U.S. beef and U.S. pork to South
Korea being lower than in 2011, some observers may
question whether the Korea-U.S. Free Trade
Agreement - which took effect in March - is living
up to its promises.
But as Jihae
Yang, Korea director for the U.S. Meat
Export Federation (USMEF), explains, although the
meat trade with Korea is actually down this year
due to unusual circumstances, the United States is
experiencing a significant market advantage over
Australia.
"The phase-out period for tariff
reduction is 15 years for beef. So, as of January
1st of next year, the tariff for beef will be 34.7
percent, but there is still 5.3 percent tariff
advantage from 40 percent for Australian beef. So
I think that will expedite the smooth flow of
chilled beef and also, of course, the FTA will
moderate the increasing price of the U.S. beef
imported into the Korean market."
Yang says
the difference in price between U.S. beef and
Australian beef is because the United States has a
free-trade agreement in place with the Koreans,
Australia does not.
Jihae Yang joins us for the latest
Beef Buzz. Click here for
more.
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High-Fructose
Corn Syrup and Type 2 Diabetes--Corn Growers
Question Link
A
study released last week by researchers from the
University of Southern California and Oxford
University claiming to find a unique link between
high fructose corn syrup and Type 2 diabetes is
flawed both in its design and conclusions,
according to the Corn Refiners
Association.
Authored by Dr. Michael I.
Goran, the report has met with severe criticism
for failing to account for the widespread
agreement among scientists and medical doctors
that HFCS and sucrose (table sugar) are
nutritionally equivalent.
"This latest
article by Dr. Goran is severely flawed,
misleading and risks setting off unfounded alarm
about a safe and proven food and beverage
ingredient," said CRA President Audrae Erickson.
"There is broad scientific consensus that table
sugar and high fructose corn syrup are
nutritionally and metabolically equivalent. It is,
therefore, highly dubious of Dr. Goran--without
any human studies demonstrating a meaningful
nutritional difference between high fructose corn
syrup and sugar--to point an accusatory finger at
one and not the other."
You'll find more of this story on our
webpage, and a link to the list of flaws found in
the report's design and conclusions.
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Winners
Crowned in 2012 AFR State Speech
Contest
American
Farmers & Ranchers (AFR) concluded its 68th
annual AFR Fall Speech Contest series with the
state competition in Stillwater, Dec. 1. More than
150 finalists from across Oklahoma showcased their
public speaking skills for a chance to win at the
state level.
This year, more than 500
youth statewide competed to advance to the state
level. At each district contest, students grades
4-12 competed in five categories-American Farmers
& Ranchers, Natural Resources, Student
Organizations, Agribusiness and Agriscience.
Competitors in this year's contest wrote speeches
based on the theme "I Believe in Oklahoma
Agriculture."
"AFR and
its sister organization, Oklahoma Farmers Union,
provide Oklahoma youth many opportunities to
develop into the leaders of tomorrow," said AFR
President Terry Detrick. "It is
an honor to support and encourage our state's
young people as they gain confidence and skill
through such activities as the AFR speech
contest."
We have the complete list of the
winners on our webpage. Click here to go
there.
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In
Brief- Our Condolences to the John Ward Family,
Tulsa Farm Show Reminder and Peterson Brothers ARE
BACK!
Big
John Ward lost his battle with
cancer this week at the age of 64- and many within
the agricultural community are mourning his
loss. Since 2002, John has been a Vice
President for the Poultry Federation and the
official in charge of their Oklahoma operations.
He would often be seen at the state capitol- and
in the meetings of the so called Ag mafia that
were hosted by first Terry Peach and more recently
Jim Reese.
Our
friend Scott Dewald said of John Ward- "John was a
great man who made everyone feel comfortable and
who genuinely enjoyed working on agricultural
issues. He was humble, smart and
articulate."
It's
not just the farm community that mourns- the
entire OSU family has lost one of their All
American sports icons- click here to read about that
part of his life on the wrestling mat and on the
gridiron.
**********
The
Tulsa Farm Show kicks off
Thursday morning- and tomorrow morning in our
daily email- we will have a special announcement
about a giveaway that we are planning for this
year's event. Be watching for that- it will
definitely will be worth your time to stop by our
booth just inside the door that is right behind
the big Tulsa Driller. In the meantime- here's a link to see a listing of
all of the giveaways and special events that will
be a part of the 2012 Tulsa Farm Show!
**********
FINALLY-
we have on our website the BRAND NEW video that
went on line last night from the Peterson
Brothers of Kansas- It's a HOOT- and you
will enjoy Farmer Style!
This latest video is a follow up to their release
of this past summer- I'm Farming and I
Grow It- which has achieved over 7.7
million views on YouTube.
Click here to take a look!
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We
also invite you to check out our website at the
link below to check out an archive of these daily
emails, audio reports and top farm news story
links from around the globe.
Click here to check out
WWW.OklahomaFarmReport.Com
God Bless!
You can reach us at the following:
phone: 405-473-6144
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