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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.
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
$8.87 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 Jim Apel 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
Friday, April 4,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
RON
Ag Townhall with Frank Lucas Set for Saturday
Morning at OKC Farm Show- Come Join Us!
The
Chairman of the House Ag Committee, Frank
Lucas, will be joining me at the Oklahoma
City Farm Show on Saturday morning for an "Ag
Townhall" beginning at 10 AM in Carriage Hall at
State Fair Park.
We
plan on visiting with Chairman Lucas about a
variety of things- including his thoughts on the
EPA's latest push on expanding their reach into
rural America with what they consider to be the
"waters of the United States", the
implementation of the 2014 Farm Law, the unending
battle over Crop Insurance and more.
Congressman
Lucas dialogued with USDA Secretary Tom
Vilsack yesterday over the implementation
of the Farm Law in a House Ag Committee hearing-
you can hear Secretary Vilsack's comments by clicking here- and we'll explore
what Lucas was hearing from the Secretary and
others regarding the implementation during our
session tomorrow.
During
the Ag Townhall, we will invite folks to ask
questions. Join us Saturday morning at 10
AM- then head out across the parking lot to the
Cox Building where you will find our booth and can
register for the Prefiert Round Pen that we will
be giving away tomorrow afternoon. make a
day or it- lots to see when it comes to things for
your farm or ranch- big or small.
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Sponsor
Spotlight
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.
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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2014
Wheat Harvest Looks Grim without Immediate
Rainfall, Schulte Says
Each
passing day that brings no rain to Oklahoma is
just one day closer to a disappointing harvest. So
says Mike Schulte, the executive
director of the Oklahoma Wheat Commission. We
talked Thursday and Mike will appear on "In the
Field" on News 9 Saturday about 6:40 a.m. He said
that a crop that earlier appeared on track to
deliver a bountiful harvest may now be in
jeopardy.
"A few weeks ago I had promised
that there was going to be good potential for the
wheat crop in the state of Oklahoma for this 2014
harvest. But, no doubt, with the lack of moisture
that we've seen and the high winds over the past
three to four weeks pretty much from southwest on
up into central and northwest corridors, the wheat
crop is really hurting."
Some isolated
areas have received as much as an inch of rain in
the past few weeks, but, Schulte said, even those
crops are seeing a lot of stress. The crop in
north central Oklahoma near Ponca City is still
looking very good, however, as is the irrigated
wheat in the Panhandle. The dryland wheat in the
Panhandle region, though, except for a small area
in Beaver County is pretty much
gone.
Schulte said there are areas across
western Oklahoma that have gone more than 102 to
152 days with less than two- to three-tenths of an
inch of rain.
Click here to listen to my
interview with Mike or to read more of this
story.
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House
Panel Questions Ag Chief on Farm Bill
Implementation, Regulations & Health of Rural
Economy
Rep.
Frank Lucas, Chairman of the
House Agriculture Committee, today held a hearing
with U.S. Department of Agriculture (USDA)
Secretary Tom Vilsack to review the state of the
rural economy. With the recent enactment of the
Agricultural Act of 2014, progress on implementing
the law was the primary topic of discussion with
members asking Secretary Vilsack for an update on
his team's efforts.
"I appreciate the
Secretary's time today to discuss issues that are
important for the future health and vitality of
production agriculture and rural America. This
committee's priorities center on properly
implementing the Agricultural Act of 2014 and
providing regulatory relief to our producers. I am
concerned about the administration's regulatory
initiatives that are often created by people who
have no frame of reference for how farmers produce
our nation's food supply," Lucas said.
Ranking
Member Collin Peterson said, "Passing the
farm bill was almost a miracle. Hopefully
implementation will be a lot easier. There are
several complicated programs but I have confidence
that USDA and Secretary Vilsack are up to the
task. The rural economic outlook remains positive
in many parts of the country, even as commodity
markets are starting to decline and weather
challenges persist. Of course now, we need to make
sure we don't do anything to screw this up. People
who don't understand agriculture and are driven
more by political ideology are the biggest threats
to the rural economy."
You
can read the full story, find links to Vilsack's
written testimony and a webcast of the hearing by
clicking
here.
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Ag
Secretary Tom Vilsack Sees Progress on Farm Bill
Implementation 
Agriculture
Secretary Tom Vilsack yesterday
announced significant progress on implementing the
Agricultural Act of 2014 (the 2014 Farm Bill),
which President Obama signed into law on February
7. The 2014 Farm Bill reforms agricultural policy,
reduces the deficit, and helps grow the
economy.
"We are making tremendous progress
implementing the new Farm Bill," said Secretary
Vilsack. "This law is critically important to
America's farmers and ranchers and to our nation's
economy. Every USDA agency is working diligently
to implement the Farm Bill's new provisions
quickly and effectively."
With 12 titles
and over 450 provisions, the Farm Bill drives
food, farm, conservation, trade, research, energy
policies and more. Implementing such a large piece
of legislation within the mandated timeline
requires a coordinated effort across all areas of
the U.S. Department of
Agriculture.
Immediately after enactment,
USDA established a farm bill implementation team
composed of key sub-cabinet officials and experts
from every mission area of the Department to put
new programs in place and make mandated reforms to
existing programs.
USDA
has made providing long-awaited disaster relief to
farmers and ranchers a top priority and quick
implementation on relief programs is within sight.
Beginning April 15, producers will be able to
enroll in the Livestock Indemnity Program and the
Livestock Forage Disaster Program.
Click here to read more (and to
listen to Secretary Vilsack) from this story.
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Senator
Tom Coburn Proposes Cap on Crop Insurance Premium
Subsidies
The
attacks on crop insurance have resumed, just over
two months after the Agricultural Act of 2014 was
concluded by Farm Bill Conference that was led by
House Ag Committee Chairman Frank
Lucas. On Wednesday, two US Senators,
including Oklahoma Senator Tom
Coburn, proposed cuts in crop insurance
by imposing a cap in crop insurance premium
subsidies, hoping for a billion dollars in savings
over a ten year period.
Senators
Jeanne Shaheen, D-N.H. and Tom
Coburn, M.D., R-Okla., introduced legislation that
would cap crop insurance premium subsidies at
$70,000 per farm each year. The Senators contend
that this cap would impact less than 1.3 percent
of producers, according to a 2011 Government
Accountability Office report. The Congressional
Budget Office estimates that if the crop insurance
program continues at the current rate without
reform, it will cost taxpayers more than $90
billion over the next 10 years.
"Crop
insurance premium subsidies should go to those who
need assistance rather than those who don't," said
Coburn, who has previously co-sponsored
legislation with Sen. Dick
Durbin, D-Ill, to apply means testing on
crop insurance purchasers. "The way to address
trillion dollar deficits is one billion - or
million - dollars at a time. This reform takes us
$1 billion in the right direction by ensuring that
the wealthiest farm operations are not receiving
unnecessarily large federal subsidies."
You
can read more of this story by clicking
here.
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Wheat
Producers in Drought Areas Facing Double Dose of
Risk, Kim Anderson Says
Wheat
producers have seen a rollercoaster ride in prices
during the first quarter of 2014. That's according
to Kim Anderson, Oklahoma State
University grain marketing specialist. The price
went from six dollars per bushel to near eight
dollars in just a few weeks. Prices have since
fallen back about 40 cents per bushel in just the
last week and a half.
Anderson says in his
weekly preview to Saturday's SUNUP show, that some
producers are being caught in a price
risk-production risk squeeze.
"In a normal
year, if production is up then price is down. If
production is down, price is up. So, you get some
offset between the production risk and the price
risk, but not this year in some areas. You take
southwest Oklahoma, western Kansas, the Texas
Panhandle, where they have poor production. If we
can get good production in other areas, we're not
going to have that price-production
interaction. Those producers in
extreme drought areas are facing both production
risk and price risk. Now some producers in other
areas, they may have some offsetting factors there
between price and production, but there's more
risk in the drought areas than there is in
non-drought areas."
You
can catch all of Kim Anderson's analysis and read
the lineup for this week's SUNUP program by clicking
here.
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Oklahoma
Wheat Field Days Have Been Set- Here's the List
There
will still be some details to come- but here is
the list of Wheat Field Days that we currently
have from the Wheat Improvement Team at Oklahoma
State University- check with your local extension
office for exact locations of the field day
nearest you:
April
23 - Walters and Thomas (tentative)
April
24 - Apache 5 PM
April
25 - Chickasha 9 AM
May
1 - Canadian County - 11 AM
May
6 - Kingfisher - 8 AM
May
6 - Okarche - 10:30 AM
May
6 - Omega - 2 PM
May
6 - Homestead - 6 PM
May
7 - Minco - 11 AM
May
8 - Kildare - 8 AM
May
9 - Lahoma - 8:30 registration - tours start at
9:00
May
12 - Cherokee - 6 PM
May
14 - Harper County / KS joint program 10 AM
May
14 - Alva - 6 PM
May
22 - Blaine County - 11:30
AM
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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Oklahoma
Farm Bureau is Proud to be the Presenting Sponsor
of the Ron Hays Daily Farm and Ranch News
Email
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