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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:
Cash
price for canola was $11.44 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
Tuesday, September 25,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Obama,
Romney Outline Positions on Farm
Issues
President
Barack Obama and Republican nominee
Mitt Romney recently spelled out
their positions on agriculture issues for the
American Farm Bureau Federation. In a
questionnaire, both candidates went into detail
about their positions on energy, environmental
regulations, farm labor and more.
Every
four years, the American Farm Bureau Federation
asks the Democratic and Republican presidential
nominees to address the issues that concern
farmers and ranchers most. This election, energy
issues and farm policy are the driving forces in
the candidate's responses.
On farm policy,
Obama said he understands the need for a strong
farm safety net. "That's why I increased the
availability of crop insurance and emergency
disaster assistance to help over 590,000 farmers
and ranchers keep their farms in business after
natural disasters and crop loss," he said. "My
administration expanded farm credit to help more
than 100,000 farmers struggling during the
financial crisis...and as farmers continue to go
through hard times because of this drought, we are
expanding access to low-interest loans,
encouraging insurance companies to extend payment
deadlines and opening new lands for livestock
farmers to graze their herds."
Romney said
he supports passage of a strong farm bill "that
provides the appropriate risk management tools
that will work for farmers and ranchers throughout
the country." He also pointed out that his running
mate, Rep. Paul Ryan (R-Wis.), voted for drought
relief-a bill which the Senate never took up.
When asked why farmers should vote for
them, Obama said he is committed to strengthening
rural America through growing products that the
world wants to buy and restoring middle class
values of hard work and play. He further said, "I
am the only candidate that is committed to
strengthening the farm safety net, strengthening
rural economic growth and supporting rural
investments in clean energy."
Romney said
if he were elected, he would give farmers relief
from hefty environmental regulations, as well as
"a commonsense energy policy that develops our
resources right here at home; a renewed focus on
opening new markets; and a pro-growth tax policy
that encourages investment and recognizes that
death should not be a taxable event."
Click here to read more of this story
and to find a link to the full questionnaire and
the answers provided by the
candidates.
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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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National Humane
Society Targets Pork Board With New
Lawsuit
The
Humane Society of the United States filed a
lawsuit in federal district court, charging that
the National Pork Board struck an unlawful
backroom deal with a D.C. lobbying organization
for the purchase of the iconic "Pork: The Other
White Meat" slogan. The HSUS suit claims the deal
allows $60 million in pork producers' money
collected for marketing and promotion purposes to
be diverted into industry lobbying efforts aimed
at harming animal welfare and small farmers. (Click here to read more on the
lawsuit from the HSUS).
National
Pork Board Chief Executive Officer Chris
Novak said the lawsuit against the board
and the U.S. secretary of agriculture challenges
the legitimate purchase of a valuable business
asset.
"I
find it unusual that HSUS is filing suit now over
a decision that was made and approved more than
six years ago," Novak said. (You can read more of the National
Pork Board's response by clicking
here.)
With
the approval of the secretary of agriculture, the
board purchased the trademark in 2006 from the
National Pork Producers Council (NPPC), which
created the trademark prior to the formation of
the National Pork Board in 1986. The National Pork
Board subsequently assumed all marketing
responsibilities for pork.
Joe
Maxwell, director of rural development
and outreach at the HSUS and a Missouri pig farmer
said, "through this lawsuit we can work to stop
our money from being unlawfully funneled straight
to its lobbyists who work against us."
Neil
Dierks, CEO of the National Pork
Producers Council, the group that sold the slogan
to the Pork Board six years ago- calls the lawsuit
the "latest bullying tactic" of the HSUS- click here to read his full
statement in reaction to news of the lawsuit.
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About
20 Percent of Oklahoma Wheat and Canola
Sown
The
USDA reports one fifth of the Oklahoma wheat and
canola crops have been planted. Although little
rain fell last week, moisture from the previous
week gave producers an opportunity to plant. Some
farmers dusted in wheat while others are waiting
for more moisture. Click here for the full Oklahoma Crop
Progress and Condition report.
Seventeen
percent of the Kansas wheat acreage had been
seeded by Sunday, identical to the 17 percent for
both last year and the five-year average,
while two percent of the crop has already
emerged. Click here for the Kansas Crop
Progress and Condition report.
Weather
conditions last week were favorable for small
grains seeding in many parts of Texas. Many
producers were taking advantage of improved soil
moisture to get seed in the ground. Others were
still waiting to plant and were busy applying
pre-plant fertilizers and plowing. Some early-sown
winter wheat was beginning to emerge in areas of
North Texas. The full Texas report is available by
clicking
here. |
Rainfall
Chances To Tease Oklahoma Farmers and Ranchers
Much of This Week- Hoping for Miriam to Offer a
Dent in the Drought
Several
weak disturbances will be rolling across our
region- which provides a chance of precipitation
across northwestern Oklahoma- as well as along the
northern tier of Oklahoma counties. Some rainfall
amounts are possible- an inch or less- in central
and southwestern Oklahoma as well. The graphic
above is a look at possible rainfall patterns
today through Saturday.
The wildcard
right now is a lady by the name of Miriam.
Meteorologist Alan Crone with the
News on 6 in Tulsa offers this description of what
he is seeing at this point. Alan says "We continue
to watch the data regarding the weekend and the
possibility of remnant moisture from Hurricane
Mariam moving into the
area.
"This pacific
basin hurricane is positioned about 400 miles off
the Baja this morning and will move northwest for
the next day before turning northeast during the
next 3 days. Some model data is suggesting that
moisture from this system may become absorbed into
the southern stream and move across the central
and southern plains sometime Friday into the
weekend."
Alan
sees the best chance for rain from Miriam in our
area in southern Oklahoma and northern Texas- but
that is all subject to change. We do have
more from Alan and a
great graphic of projected rainfall through
Saturday that you will want to check out- click
here and do so.
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Fewer
Calves and Fewer Imports Mean an Ever Tighter
Feeder Supply
In
the latest Cow-Calf newsletter from the OSU
Extension Service, Derrell S.
Peel, extension livestock marketing
specialist, says the drought will be wreaking
havoc on feeder cattle supplies for some time to
come.
The latest Cattle on Feed
report indicated that the September 1 feedlot
inventory was 99 percent of the same time last
year. This represents only the second time in the
last 28 months that feedlot inventories have
dropped below year earlier levels on a month to
month basis. The only other time was the brief May
1 drop below 100 percent of year earlier levels.
This leads to two important questions: how have
feedlots been able to hold inventories at such
high levels?; and will feedlots be able to
maintain feedlot inventories in the coming months?
The September 1 feedlot inventory was
10.637 million head, down less than one percent
from last year but still 4.5 percent above the
same period in 2010. In fact, except for the
slight decrease from last year, this September 1
inventory is the largest since 2006. This is
remarkable given that the total calf crop has
decreased every year since 2006. (The last annual
increase in the calf crop was in 1995.) The 2012
calf crop is projected at 34.5 million head, down
6.8 percent from 2006 and down 2.3 percent from
last
year.
Increased
imports of feeder cattle from Mexico and Canada
partially offset decreased U.S. calf production.
The increase in feeder cattle imports from 2010
through the year to date in 2012 equals roughly 40
percent of the decrease in calf crop over the
period. So far in 2012, imports of feeder cattle
are up about 287,344 head, a 35 percent increase
and nearly all due to increased imports from
Mexico. At the current pace, Mexico could
contribute an additional 220,000 head by the end
of the year. However, Mexican cattle imports are
expected to slow in the coming months."
You can read more by clicking
here.
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NAWG
Calls Congressional Inaction on 2012 Farm Bill
'Surreal and Deeply Unsettling'
In
a statement from the National Association of Wheat
Growers, President Erik
Younggren, a wheat and sugar beet farmer
from Hallock, Minn., blasted Congress for failing
to pass the 2012 Farm Bill.
"Congress has
now left Washington with no new farm bill passed
and no clear path for how one will get passed in
the near future.
"As a farmer who grew up
on the land I still farm, and as the leader of a
national organization made up of men and women
whose families are dedicated to their farm
businesses, this development is both surreal and
deeply unsettling.
"Members of Congress are
now fanning out across our nation to ask for our
support in their efforts to get their jobs back.
Regardless of party or position, we strongly
encourage farmers to ask their legislators for an
explanation of why they have failed to pass this
fundamental legislation despite ample time and the
worst drought conditions in our lifetimes."
Click here to read Younggren's full
statement.
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There's
Still Time to Catch Today's Peanut Tour and
Thursday's Curt Pate Seminar
It's
not too late to get on board Oklahoma State
University's Peanut Field Tour launching at two
locations today. Click here to read more about the
tour which begins at 9 a.m. at the Beckham County
Activity Center in Sayre and click here for more information
about the tour that begins at 4 p.m. at the Caddo
Research station in Ft. Cobb. Both venues will
feature hull blasting for producers who bring
samples to determine maturity and digging
dates.
Also
on our calendar this week is Curt
Pate's Stockmanship and Stewardship
seminar at the Elk City Livestock Auction.
Sponsored by our friends at the Oklahoma Beef
Council, it starts at 5:30 p.m. on September 27.
Click here for more information.
If
you have an item you would like us to consider for
our calendar, drop us a line at: ron@oklahomafarmreport.com.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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