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Let's Check the Markets!
Our Market Links are Presented by Oklahoma Farm Bureau
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
We have a
new market feature on a daily basis- each afternoon we
are posting a recap of that day's markets as analyzed by
Justin Lewis of KIS futures- and
Jim Apel reports on the next day's
opening electronic futures trade- click
here for the report posted yesterday afternoon
around 5:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Cash price for canola was
$11.85 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
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
Thursday, June 13,
Boehner Announces Support for House Farm Bill; AFB
President Optimistic at Chances for
John Boehner said Wednesday he
would vote for the House's farm bill, despite
"I've got concerns about the
farm bill, as I told our members," Boehner said
after a closed House Republican Conference
meeting. "But doing nothing means that we get no
changes in the farm program, no changes in the
nutrition program. And as a result, I'm going to
vote for the farm bill to make sure that the good
work of the Agriculture Committee and whatever the
floor might do to improve this bill gets to a
conference so that we can get the kind of changes
that people want in our nutrition programs and our
Passing the farm bill,
which will come to the House floor this month,
will be one of the toughest tasks for the Ohio
Republican's leadership team. Members of
leadership are already working to assuage concerns
about several of the bill's provisions. In a sign
of how difficult this legislation is, last year's
bill didn't even make it to the floor for a
Earlier this week, Boehner announced
that he had "concerns about some of the dairy
provisions" in both last year's legislation and
this year's bill.
The Senate easily passed
its version of the bill earlier this week.
(The article above is by Jake Sherman and is
available at www.politico.com)
Stallman, president of American Farm
Bureau, said Boehner's support gives him reason to
be optimistic about the bill's chances in the
his statement of support for the farm bill today,
Speaker Boehner is giving all Americans, including
the farmers who feed them and those concerned with
nutrition programs, real optimism that Washington
can get important work done in 2013. In return,
today he has been attacked unfairly by those who
want to make the bipartisan progress on a farm
bill appear to be the work of party politics by
President Obama or the speaker himself.
"The American Farm Bureau calls on
Congress to work its will through a fair process
and an open debate, to finish the House bill,
leading to a conference committee, which can then
produce legislation that reflects the will of the
American people. It is time to put aside partisan
bickering and get to work." (You can read
more from Bob Stallman by clicking here.)
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Policy Facts Launches 'Real Farms, Real Families'
Policy Facts, a diverse coalition of agricultural
organization, today launched a new ad campaign,
"Real Farms, Real Families." The ad
campaign, which will run during throughout the
upcoming Congressional Farm Bill negotiations,
will feature real photos taken by farmers and
farming advocates illustrating what rural America
means to them.
The first advertisement,
showcasing a photo taken by Janelle Seedall of
Bonneville County, Idaho, debuted Wednesday in
Roll Call. The photograph is an image of Seedall's
farm taken through the window of her family's farm
particular picture was taken soon after we built
our home ... the piece of land is very dear to us
as I know many family farmers understand," Seedall
told Farm Policy Facts when submitting her photo
advertisement will appear in The National Journal
on Thursday. This advertisement will feature a
stormy farm horizon shot by Terry O'Donnell that
he entitled "Heartland." The image was taken by
O'Donnell during a trip to Iowa.
Click here to read more and to
find links to the photographs.
Improvement Federation Holding Annual Meeting in
OKC- Where Profit and Progress
45th annual Research Symposium and Annual Meeting
of the Beef Improvement Federation has come to
Oklahoma City this week.
"Where Profit and Progress Intersect," this year's
program will bring together industry
professionals, producers and researchers to
discuss current issues facing the beef industry.
Among those issues, speakers will tackle the
crossbreeding vs. straightbreeding debate, as well
as using genetic tools to address environmental
challenges and cow herd efficiency.
talked with the Executive Director of the BIF, Dr.
Joe Cassady as these beef industry professionals
were gathering on Wednesday afternoon from across
the country as well as from Canada- and we talked
about the BIF and where beef research is likely to
take the beef cattle production in the days
Click here to hear our
conversation with Dr. Cassady- and at that link-
we have the link that the Angus Journal folks are
making available that is a live video feed of the
Wheat Supplies Increased In Latest USDA Reports
USDA raised its projected U.S. winter wheat
supplies for 2013/14 in its latest World
Agricultural Supply and Demand Estimates report
and in its Crop Production Report. The overall
increase is pegged to an increase in beginning
stocks and higher forecast winter wheat
Beginning stocks are up with a
15-million-bushel reduction in 2012/13 exports as
May shipments fell below expectations. Projected
production for 2013/14 was raised 23 million
bushels as higher yields boost forecast production
of hard red winter wheat in the Southern and
Central Plains and soft red winter wheat across
the South and Midwest.
production is forecast at 1.51 billion bushels, up
2 percent from the May 1 forecast but down 8
percent from 2012. Based on June 1 conditions, the
United States yield is forecast at 46.1 bushels
per acre, up 0.7 bushel from last month but down
1.1 bushels from last year.
Oklahoma, producers are expected to
harvest 3.8 million acres compared with 4.3
million last year. The USDA did not change the
estimated yield per acre from its May report of 30
bushels to the acre compared with 36 last year.
Total production is expected to be 114 million
bushels compared with 154.8 million last year.
USDA raised the Kanssa wheat crop estimate
slightly to 307.8 million bushels.
find an audio analysis by Tom
Leffler and links to the reports on our
website by clicking here.
Wheat Buyers Impressed With Their Oklahoma Visit
representatives from the top milling and food
companies in Nigeria are in Oklahoma. They are
part of a team traveling to four states to survey
the new wheat crop. Nigeria is the second-largest
buyer of U.S. wheat. One of the companies, Flour
Mills of Nigeria, is the world's largest importer
of winter wheat, shipped from its own export
elevator in Corpus Christi, Texas.
up with the team on their visit to Oklahoma and
spoke with Olumuyiwa Talabi. Talabi is a marketing
consultant with U.S. Wheat Associates. He is based
in Lagos, Nigeria. He says the hard red winter
wheat grown in Oklahoma and the Southern Plains is
very important to his country.
because of the kind of bread Nigerians consume. We
consume the big pan bread in which we use the hard
red winter wheat to produce because hard red
winter wheat is a hard wheat and it gives a very
good gluten which rises. And Nigerians millers
have found out that the hard red winter gluten is
very suitable for the kind of bread they
He said Nigeria has been the No.
1 importer of hard red winter wheat for the last
seven years and he believes the country will
continue to do so.
also said the members of the team were most
impressed with the friendliness of the Oklahoma
can hear our full conversation or read more of
this story by clicking here.
Connection System Helps Producers Maximize Genetic
Expression for Greater Profitability
the recent Alltech International Symposium in
Lexington, Kentucky, I spoke with Bob
Sand. Sand is an Angus cow-calf operator,
but he is also the owner of the Beef Connection.
He says it is all about trying to dramatically
improve the return on investment for cattle
producers. He says that he wants them to prosper
and be more sustainable at the same
The Beef Connection is Sand's data
collection and analysis system that helps maximize
producer profitability and sustainability. Sands'
website says they system is based on two
principles: hard data is a powerful tool and
producers need to seize every opportunity to
create value by following a marketing
The data collection details not only
genetics, but nutrition as well. He says that
genetics are important, but they only go so far in
producing consistently superior marketing
"I noticed that groups of cattle
acted differently, but they were bred or A-Ied to
the exact same bull. So, I knew I sorted the
females off and made a production system on the
farm, so what was the differentiation factor? I
started going back into the nutritional profiles
that they were on on the farm that would and that
was the area where there was a lot of
He says the differences were
astounding and easily visible.
"If you look
at a mineral program that a mama cow was on, you
can see that you installed the semen but the genes
were never turned on, say, for carcass merit or
feed efficiency or whatever it is. And what I was
able to do was trace it back to the use of proper
micronutrients in the mineral and Alltech helped
me do that through their nutria-genomics
laboratory. Nutrition and genetics is what they
study, so we pulled that all apart and we were
able to figure out which genes needed to be turned
on to make it happen. And that is done through
joins me on the latest Beef Buzz. Click here to go there.
Talks Farm Bill Process at National Council of
Farmer Coops Meet
to the National Council of Farmer Cooperatives
Wednesday, House Ag Committee Chairman
Frank Lucas said he expects the
farm bill to come up on the House floor next week.
He expressed his hope that around Monday the Rules
Committee would put out a call for amendments -
which he expects hundreds of. Then on Tuesday -
Lucas hopes the Rules Committee will sort through
the amendments, realize redundancy isn't a good
use of time and limit the number of amendments on
each subject. Lucas is looking for an open but
orderly process - and believes the House will
likely vote on 30 to 40 amendments covering every
area - including food stamps, sugar, dairy,
conservation and crop insurance.
the House achieves consensus on the farm bill -
Lucas isn't sure what the measure will look like.
He said it will be a document that brings the farm
bill to conference. Once the conference report
comes to the House and Senate - it will not be
subject to amendment. There will be up or down
votes with a majority in each body required for
are scheduled to spend some time on the phone with
the Chairman this morning- and we'll be fleshing
out some of these concepts with him- as well as
his analysis of the Senate passed Farm Bill from
last week. We hope to be posting that
conversation with Congressman Lucas later this
morning on our website- and will have full details
tomorrow morning in our email report to
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