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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
Presented by 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.
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- click
here for the report posted yesterday afternoon
around 3:30 PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash price for canola was
$8.13 per bushel- based on delivery to the Northern AG
elevator in Yukon Friday. 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.
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
Presented
by
Your
Update from Ron Hays of RON
Monday, January 6,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
USDA
Recommends Deregulation of 2, 4-D-Resistant Corn
and Soybean Traits
In
a draft Environmental Impact Statement (EIS)
released Friday, the USDA said it prefers full
deregulation for Dow AgroSciences' corn and
soybean traits resistant to the herbicide 2,
4-D.
The genetically-engineered corn and
soybean traits in Dow's Enlist Weed Control System
are the first to be developed that are resistant
to 2, 4-D.
Dow has been working with the
USDA for several years and said that 86 percent of
corn, soybean and cotton farmers in the South are
affected by herbicide resistance. Sixty-one
percent of farmers in the Midwest report problems
with herbicide-resistant weeds.
"Growers
need new tools now to address this challenge," Dow
noted in a statement released after the USDA
published its draft EIS.
Several
environmental groups quickly responded to the
USDA's announcement.
Scott
Faber, executive director of Just Label,
It said, "Relying on dangerous weed killers like
2,4-D to combat the growth of super weeds will
just keep us the same chemical treadmill. No
wonder consumers want the right to know whether
their food is from the GE crops that have caused
the explosion of super weeds. As today's USDA
study shows, super weeds have now spread to 27
states."
Andrew
Kimbrell, executive director of the
Center for Food Safety called on the Obama
administration to overturn the USDA's
proposal.
Click here to read more of this
story.
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Sponsor
Spotlight
Midwest
Farm Shows is our longest running sponsor
of the daily email- and say thanks for all of you
that participated in the 2013 Tulsa Farm
Show. AND- they are excited to announce
changes coming to their spring farm show held each
April in Oklahoma City.
Launched in 2005 as
the Southern Plains Farm Show, the show will now
be billed the Oklahoma City Farm
Show. The name change is designed to
clearly communicate the show's location, and also
signifies the plans for a long term partnership
with the community and State Fair Park, a
world-class event site. The show continues as the
premier spring agricultural and ranching event for
the southern plains area, with over 300 exhibitors
featuring over 1000 product lines for three big
days. Click here to visit their new
website and make plans to be a part of the
2014 Oklahoma City Farm Show!
We are delighted to have
the Oklahoma Cattlemen's
Association as a part of our great
lineup of email sponsors. They do a
tremendous job of representing cattle producers at
the state capitol as well as in our nation's
capitol. They seek to educate OCA members on
the latest production techniques for maximum
profitabilty and to communicate with the
public on issues of importance to
the beef industry. Click here for their
website to learn more about the
OCA.
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New
University Analysis: No Changes Needed to 2014 and
2015 Renewable Fuel
Requirements
The
Environmental Protection Agency's (EPA) proposal
to slash 2014 Renewable Fuel Standard (RFS)
blending requirements is unwarranted, according to
a new analysis released today by Iowa State
University's Center for Agricultural and Rural
Development (CARD). The 16-page report shows that
2014 statutory RFS requirements could be easily
met with no new investment in refueling
infrastructure, and 2015 requirements could be
achieved with only modest infrastructure
investments.
In November, EPA proposed to
reduce the 2014 requirement for renewable fuel by
10 percent from the statutory level of 14.4
billion gallons to just 13 billion gallons. The
Agency cited the so-called E10 "blend wall" as the
key factor in its decision to propose the
cut.
According to CARD economists Bruce
Babcock and Sebastien Pouliot, "...the assumption
by EPA that a 14.4 billion gallon ethanol mandate
in 2014 was not feasible is not correct.
...meeting a 14.4 billion gallon ethanol mandate
is feasible in 2014 with no new stations, modestly
lower E85 prices, and judicious use of available
carryover RINs."
You can read more of this
story by clicking
here.
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Kim
Anderson Says Wheat Prices May Continue to
Slide
Kim
Anderson, Oklahoma State University
Extension Grain Marketing Specialist, says
producers need to watch wheat prices closely over
the next few
months.
"Since the 1st of
December, cash wheat prices are down 71 cents.
Since October the 23rd, cash wheat prices are down
$1.35. If you're watching the Kansas City Board of
Trade March or July contracts, both of these have
support at $6.35, about where that price is right
now."
If futures markets break that $6.35
mark today, Anderson says, the next support level
is $6.
"The good news over the last couple
of months is that the basis has held steady,
around a minus 20 cents below the Kansas City
contract or, if you're looking at the harvest
contract or the harvest forward contracts, a minus
40 cents. There's been no change in the basis,
essentially, since harvest of
2013."
Anderson says that we saw an 80-cent
rally in September due to dry conditions in
Australia before harvest, but that quickly
evaporated when yields came in higher than
expected. He said that a record number of planted
acres in India and export sales from ample
government stockpiles will further pressure wheat
prices throughout the spring.
You
can listen to Kim Anderson's full analysis or read
more of this story by clicking
here.
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Macau-
a Great Place to Help Chinese Consumers Develop a
Taste for US Beef
For
the second consecutive year, the U.S. Meat Export
Federation (USMEF) collaborated with the Nebraska
Beef Council for a major U.S. beef promotion in
Macau. As a special administrative region of China
that allows legalized gaming, Macau attracts about
30 million visitors per year to its 35 casinos and
other entertainment venues. This outdoor barbecue
event attracted meat buyers, chefs and other
foodservice professionals representing many of
these
businesses.
Myron
Danner, a rancher and cattle feeder from
Burwell, Neb., who serves on the Nebraska Beef
Council, attended the beef promotion and provides
his thoughts on the potential demand for U.S. beef
in Macau.
"There were
over 200 people there in attendance. In fact, John
Lamb with USMEF in Hong Kong said he thought it
was over half of the food and beverage industry
from Macau that were represented at this event.
And the quality of the food at this barbecue was
as good as you're going to find anywhere. It was
just superb."
U.S. beef is not currently
eligible for mainland China, but Macau allows
imports of U.S. beef under the same trade
practices employed in Hong Kong. Danner says
promoting U.S. beef in Macau has the added benefit
of reaching millions of prospective customers who
live in mainland China, which could help bolster
demand when China reopens to imports of U.S.
beef.
Myron joins me on the latest Beef
Buzz. Click here to listen in or read
more.
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Ambassador
Kennth Quinn Makes Case for GMO Crops as a Tool of
Peace and Global Security
State
Legislative Ag Committee Chairmen from across the
US gathered in Oklahoma City over the weekend for
the 13th annual Legislative Agriculture Chairs
Summit. Sessions covered a lot of policy ground-
covering topics from animal welfare through rural
first responders to water policy. On Saturday
morning, the state lawmakers heard from Ambassador
Kenneth Quinn of the World Food
Prize Foundation, who told the ag leaders that
they represent the most important Committee that
their state legislature have- namely a committee
that is directly involved in the our food
production efforts in this country, which impacts
the entire world.
Dr.
Quinn told lawmakers that the world- and
especially the poorer parts of the world-
desperately needs all the tools that the developed
world can provide to help them raise enough food
in the years ahead to feed a population that is
expected to double by the year 2050. Quinn says
that includes biotechnology- adding that those who
are well nourished have no right to withhold such
advances from the developing world as some who
fear GMOs might like to do.
We
talked with Dr. Quinn after his presentation- you
can listen to our visit with him and read the rest
of this story on our website- click here to do so.
By
the way- Our thanks to Senator Eddie
Fields, the Chairman of the Oklahoma
Senate Ag Committee, for inviting us to sit in on
the sessions of SARL- they don't usually include
media in their meetings and we appreciate the
invite.
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Breeding
Plans Made Easier with Free Estrus-Synchronization
Planner
When
it comes to artificial insemination, there are
many options for today's cattle herd. Protocols
can be confusing, but animal scientist
Sandy Johnson says that they
don't have to be. She is part of the
multi-university beef reproductive task force, a
group that created a free estrus-synchronization
planner to help.
"They need to think about
how much heat detection they want to do and, then,
based on the amount of heat detection either all
heat detection, some heat detection or no heat
detection, we have systems for them to select from
that have different lengths and other options.
But, essentially, we have those three different
categories. Decide how much heat detection you
want to do, have a short list to pick from, and
apply it."
The group aims to help producers
develop a plan that's easy to follow.
"Understand that our synchronization
programs these days can really provide some
excellent results. Don't be afraid to try
fixed-time A-I. It's uncomfortable for a lot of
people used to breeding on heat to breed a cow
they didn't see stand, but our experience has
shown that we can still get excellent results.
Apply the protocol as described. Breed them. Go on
your way. Don't sweat it."
Click here to watch the video
version of this story or to read more.
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Wind
Chills Nasty This AM- but Nothing Like the
Northern Plains
Windchills
are below zero across a substantial section of
Oklahoma on this Monday morning- we have a
graphic on our website from News9 provides a good
overview- click here to check it out.
Wind
Chills range early on this Monday from 6 above to
19 below across Oklahoma. Nationally, reports have
come in from North Dakota of some windchills in
that state as low as sixty degrees below zero,
with most readings early this morning from thirty
to fifty degrees below zero wind chills for much
of the Dakotas, Minnesota, Iowa and Northern
Illinois.
Alan
Crone with the News on 6 writes in his Monday
morning weather blog that "The weekend snow and
cold air will continue to keep the air mass frigid
both today and tomorrow before the shallow arctic
air slides eastward and modifies quickly. But the
short term will feature a strong arctic surface
ridge of high pressure building across northern OK
this morning. This will keep the sky mostly clear
and the temps very cold."
Temperatures
will remain frosty today- but start moderating on
Tuesday with some chances of precipitation back in
the mix by the middle of the week.
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God Bless!
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phone: 405-473-6144
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