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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 $9.16 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
Thursday, April 10,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Farm
Organizations Applaud Introduction of Voluntary
Federal GMO Labeling Measure
Several
leading farm groups welcomed the introduction
yesterday morning of new legislation to establish
a federal voluntary labeling standard for foods
made with genetically modified organisms, or GMOs.
The Safe and Accurate Food Labeling Act
would direct FDA to provide guidance for companies
that wish to label their products for the presence
or absence of GMOs; make mandatory an FDA safety
review of all new GMO traits before they are
brought to market and enable FDA to mandate labels
on any product shown to pose a health, safety or
nutrition risk; and directs FDA to define the term
"natural" for use on food labels. Additionally,
the bill would eliminate a large potential source
of confusion among consumers by establishing FDA's
labeling guidance as the national standard and
preventing states from enacting a patchwork of
conflicting requirements.
"As
the nation's largest general farm organization,
the American Farm Bureau represents farmers and
ranchers who use every type of agricultural
production system to provide the safest food
possible both here in the U.S. and abroad. Our
farmers and ranchers are encouraged by the
bipartisan leadership of Reps. Mike
Pompeo (R-Kan.), G.K.
Butterfield, (D-N.C.), Marsha
Blackburn (R-Tenn.), Jim
Matheson (D-Utah) and Ed
Whitfield (R-Ky.) for introducing H.R.
4432, The Safe and Accurate Food Labeling Act,"
said OFBF President Bob
Stallman. (You can read more of Bob
Stallman's statement by clicking here.)
National
Association of Wheat Growers President
Paul Penner, a wheat farmer
from Hillsboro, Kan., "It will provide a federal
solution on GMO labeling and will bolster consumer
confidence in the safety of American food by
affirming the FDA's sole authority in food safety
and labeling decisions." (Click here for more of Paul
Penner's remarks.)
Other
groups which welcomed yesterday's introduction
included: the National Council of Farmer
Cooperatives, the American Soybean Association, the
National Association of Corn
Growers and the Biotechnology Industry
Association. (Click on their names to
read their reactions.)
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Sponsor
Spotlight
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!
A new sponsor
for 2014 for our daily email is a long time
supporter and advertiser as heard on the Radio
Oklahoma Ag Network- Stillwater
Milling. At the heart of the
Stillwater Milling business are A&M Feeds- and
for almost a century Stillwater Milling has been
providing ranchers with a high quality feed at the
lowest achievable price consistent with high
quality ingredients. A&M Feed can be found at
dealers in Oklahoma, Arkansas, Kansas and Texas.
Click here to learn more about
Stillwater
Milling!
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Environmental
Working Group Opposes GMO Labeling Law; Dubs it
DARK Act
Legislation
introduced yesterday by Rep. Mike Pompeo (R-Kan.)
would block any federal or state action to require
labeling of foods made with genetically engineered
ingredients, according to the Environmental
Working Group.
"More than 90 percent of
Americans support labeling of GE foods," said
Scott Faber, senior
vice-president of government affairs for EWG.
"It's clear the public wants to know what's in
their food, but if Rep. Pompeo has his way, no one
will have that right."
"Consumers,
particularly the eight out of ten American
families who buy organic products, want to know
what is in their food," said Marni Karlin,
director of legislative and legal affairs for
Organic Trade Association. "Rep. Pompeo's bill
ignores this consumer demand for information.
Instead, it ties the hands of state governments,
the U.S. Department of Agriculture, and the Food
and Drug Administration concerning GMO labeling.
It is fatally flawed."
Click here to read the full
story.
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Drought
Intensifies, Triggers State Emergency Fund, Raises
Concerns, Clay Pope Says
As
the drought appears to be intensifying in parts of
Oklahoma, state disaster assistance is starting to
flow. Clay Pope, executive
director of the Oklahoma Association of
Conservation Districts, tells us the Emergency
Drought Fund set up last year by the legislature
and governor is beginning to show results as
producers hunker down for what could prove to be
another difficult year.
"This is the first
time the state has ever put together a pot of
money and a mechanism to actually deal with
drought in the state. The governor has to declare
a drought emergency. She declared a drought
emergency toward the end of 2013 for four counties
in southwest Oklahoma and one in the
Panhandle."
Pope says a commission of water
and conservation officials determined how the $3
million dollar fund would be allocated and, so
far, $375,000 was approved for projects in the
affected counties. The local conservation
districts have since been working with landowners
to get projects underway.
"We're glad that
that money has gone out the door. It was a rather
short turnaround in time frame. We're hopefully
getting some help out there. Water for livestock
is the primary use of the money, but there's also
some money going for pasture repair... $375,000 is
not that much money, it's really a drop in the
bucket, but at least it's a start. And you hope
the rains come and we won't need any
more."
Click here to read more or to
listen to my interview with Clay Pope. He
will also appear with me on this Saturday's "In
the Field" segment on News 9 about 6:40
a.m.
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Allendale's
Rich Nelson Say Sharp Revision in USDA Corn
Numbers Surprises Analysts
The
USDA's latest World Agricultural Supply and Demand
Estimates report surprised traders today with a
sharp increase in corn exports of 125 million
bushels. That's according to analyst Rich Nelson
of Allendale. No other changes were made to the
balance sheet numbers with ending stocks leftover
as of August 31st being lowered. The previous
estimate showed ending stocks of 1.456 billion
bushels has now been lowered to 1.331 billion
bushels. That figure was much lower than analysts'
average prediction of 1.403 billion bushels.
On the world side, the USDA left
Argentina's corn crop unchanged at 24 million
tons, but raised estimates of Brazil's crop from
70 to 72 million tons.
USDA increased
ending stocks for wheat as analysts had expected.
The estimate was raised from 558 million bushels
to 583 million bushels. These numbers reflected a
third-quarter usage which was less than expected.
Domestic usage was lowered by 30 million bushels
and imports were dropped about five million
bushels.
Click here to read more of this
story, to watch a video analysis with Allendale's
Rich Nelson or to find a link to the USDA
report.
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Ag
Committee Approves Bipartisan Legislation to
Reauthorize and Improve the
CFTC
The
House Agriculture Committee yesterday approved
H.R. 4413, the Customer Protection and End-User
Relief Act, by voice vote. Reps. Frank
Lucas (OK-3), Collin
Peterson (MN-07), K. Michael
Conaway (TX-11), and David
Scott (GA-13) introduced the bipartisan
legislation to reauthorize and improve the
operations of the Commodity Futures Trading
Commission (CFTC), as well as address concerns
relating to protecting customers from another
failure such as MF Global and Peregrine Financial.
It is the product of a multi-year process that
included hearing perspectives from market
participants, end-users, futures customers, and
the CFTC.
"I appreciate the bipartisan
support of this legislation, which ensures that
the federal agency tasked with regulating the
multi-trillion dollar derivatives market is
working in the most efficient and effective way.
This bill would also cement key protections for
futures customers into law. And, it mitigates the
regulatory load on America's job creators like our
farmers, ranchers, small businesses, government
utilities, and manufacturers. I look forward to
advancing this common-sense legislation in the
House," said Rep. Frank Lucas, Chairman of the
House Agriculture Committee.
You
can read the full story and find links to the
bill's full text and a summary of it by clicking here.
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Checkoff
Calling for Nominations for Beef Quality Assurance
(BQA) Awards
Award
applications for the seventh annual
checkoff-funded National Beef Quality Assurance
(BQA) Award are now being accepted. The 2015
National BQA Awards recognize four winners in the
area of beef, dairy, marketing and
education:
The beef and dairy awards
recognize producers that best demonstrate animal
care and handling principles as part of the
day-to-day activities on their respective
operations.
The BQA award winners will be
selected by a committee of representatives from
universities, state beef councils and affiliated
groups. Nominations can be submitted by any
organization, group, or individual on behalf of a
U.S. beef producer, marketer or educator.
Individuals and families may not nominate
themselves, however the nominees are expected to
be involved in the preparation of the
application.
Click here to learn more and to
find a link to the award
application.
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This
N That- McAlester Stock Cow Sale This Saturday,
Oklahoma Sorghum Seeking USCP Board Candidates and
Canola Crop Tour Meetings All Next Week
This
Saturday, April 12th, the McAlester Union
Stockyards has a nice lineup of 650 head
of Bred Cows, Pairs, Bred & Open Heifers, and
Bulls- all to sell staring at twelve noon.
You
can see the complete lineup of consignments by clicking here and you can call
1-918-423-2895 to register as a buyer or to get
more information about this lineup of animals for
this weekend.
**********
The
U.S. Department of Agriculture has announced two
at-large positions will become vacant in December
2014 on the United Sorghum Checkoff
Program board of directors. The Oklahoma
Sorghum Commission and the Oklahoma Sorghum
Association are certified producer organizations
accredited by USDA that are collectively seeking
sorghum producers interested in serving on the
Sorghum Checkoff board.
If you are a
sorghum producer- you can learn more by clicking here.
**********
The
Canola Crop Tour stops start on
this coming Monday- and run the entire week- with
three to four stops daily.
We
have the complete lineup of meetings on our
calendar page- click here for that main calendar
page where you can scroll down to Aprl and take a
look. Contact your local Extension office
for the exact location of each test plot in any
given county.
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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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