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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
$8.39 per bushel- based on delivery to the Northern AG
elevator in El Reno 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 Leslie Smith 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, July 28,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
' Weather
Whisperer' Says El Nino Offers Temporary Drought
Relief
Drought
conditions in Oklahoma have shown some improvement
in recent months. Speaking at the Oklahoma
Cattlemen's Association (OCA) annual convention in
Midwest City, Evelyn Browning
Garriss - The "Weather Whisperer" says
the change in weather is being caused by El Nino,
which causes the tropical Pacific Ocean to warm
up. Garriss sat down with Leslie
Smith of the Radio Oklahoma Network to
talk about the weather outlook.
This
weather historian says the warming trend in the
Pacific changes weather conditions around the
world.
"For
us in Oklahoma, it causes more rainfall, Browning
Garriss said. "Particularly it causes spring and
early summer rain and we saw some of that and it
causes normal rainfall in winter
time."
Whether this wetter than normal
pattern will continue and just how much drought
recovery will take place is hard to predict.
Garriss says the El Nino weather pattern will
continue to offer relief into 2015.
"Typically El Nino gives you about a
two year break," Browning Garriss said. "It gives
you one year with some good weather and sets you
up so you have, dare I say the word, surplus water
to start the next year."
Click here to read more or to
listen to Browning Garriss' view on the
longer term outlook for drought.
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Leffler
Reaction to Lower Cattle on Feed, US Cattle
Inventory
Numbers
No
surprises in the latest Cattle on Feed report and
the July Cattle Inventory reports that came out
from the US Department of Agriculture on Friday.
Both reports came in close to market expectations
according to Tom Leffler of Leffler
Commodities. Leffer says the latest
Cattle on Feed report was "neutral to bearish",
coming in close to expectations, so he does not
look for a big impact on the market on Monday
morning.
The July first Cattle on
Feed numbers came in at 98 percent, the trade was
looking for 98.2 percent. This means 10.127
million head of cattle are on feed. That's 1.4
percent below the five year average. Nebraska was
up four percent over a year ago, Kansas down six
percent and Texas was down three percent.
"This is the lowest July on feed
number the past four years," Leffler said. "It's
also the lowest on feed number on a month since
back on September 2013."
Oklahoma's
inventory is down 16 percent from last year.
Oklahoma's inventory of cattle on feed totaled 255
thousand head on July 1, down four percent since
June. Placements during June were 37 thousand
head, down 24 percent from a year ago. Marketings
of fed cattle during June were 46 thousand head,
down 13 percent from 2013.
Click here to read or listen
to Leffler's full analysis of USDA's Cattle
on Feed Report, US
Cattle Inventory and cold storage
reports.
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Speaking
to the Wrapup Session at OCA- NCBA's Colin Woodall
Calls WOTUS the "Biggest Land Grab Ever" for the
Federal Government
Colin
Woodall, VP for Legislative Affairs for
the National Cattlemen's Beef Association, was the
featured speaker on Saturday morning for the OCA
Annual Convention in Midwest City.
In
advance of his comments with the cattle producers
gathered, we talked with Colin about several
issues and you can
get the video of that conversation here.
The
conversation included a look at the current
legislative wish list for the NCBA, what might
happen in a lame duck session later this year and
several key regulatory issues that NCBA is
targeting including WOTUS- the Waters of the US
Proposed Rule that Woodall called the "largest
land grab we have ever seen from the Federal
Government."
We
also talked about more than WOTUS- legislation
that needs to be done but may not happen until a
lame duck session after the elections, other
regulatory issues and more.
We
also have a separate audio interview that we have
posted that Colin and I did on Friday- it is in
the Podcast section of our website-
tap here to go and check it
out.
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Oklahoma
Ag Secretary Reese Worries About the "Could Be" in
the Waters of the US Proposed
Rule
Oklahoma
Secretary of Agriculture Jim Reese has
submitted comments to the federal government in
regards the so called Waters of the US proposed
rule that has been advanced by the Army Corps of
Engineers and the Environmental Protection Agency.
The Secretary has provided us with a copy of his
comments- and they follow:
"First I
want to be complimentary to Ron Curry, EPA Region
6 Regional Administrator, and Bill Honker, Water
Quality Protection Division Director at EPA Region
6. Leadership and staff at Region 6 have been very
helpful working cooperatively with the state and
the Oklahoma Department of Agriculture, Food and
Forestry in implementing AgPDES at the state level
and helping to clean our water in Oklahoma through
the 319 Program. Oklahoma has removed more streams
from the 303(d) impaired list than any other
state. We have documented removing more
phosphorous and nitrogen from our streams than any
other state. Thank you for helping us in those
efforts.
"Secondly, I am glad to live
in a country with the greatest quantities of clean
water and air in the world and the EPA has
provided great assistance in achieving this and
improving it.
"From there, in discussing
this proposed rule, I will not be as
complimentary.
"These rules appear to be
written by EPA lawyers to appear politically
palatable, but still leave everything within the
power of the EPA to determine what are and what
are not Waters of the U.S. It
intends to circumvent every Supreme Court decision
that has previously stopped the EPA from enforcing
CWA on all waters. Specifically Part 328.3 a. 7.
The term Waters of the U.S. means: on a
case-specific basis, (determined by the EPA) other
waters, provided......, have a significant nexus
(determined by the EPA) to a water identified in
paragraphs a) 1-3.
"The case-specific basis
will be determined by the EPA and the significant
nexus will be determined by the EPA. Those are
problems that will create "government creep" into
private property rights of citizens.
Click Here to read more Reece's
comments on WOTUS.
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RFA
to DOE: Update Your E85
Data!
Today,
the Renewable Fuels Association (RFA) pointed to
the vast underrepresentation of E85 stations in
the Department of Energy's (DOE) Alternative Fuels
Data Center (AFDC) database and implored DOE to
accurately account for all stations selling E85.
RFA uncovered nearly 1,000 missing stations as it
compared the 2,391 stations found in the database
on Tuesday to the 3,349 retail locations found on
the "crowd-sourced" website E85prices.com.
"The AFDC
database is way off in its reporting of E85
stations, and this is negatively influencing
discussions over the 2014 Renewable Fuel Standard
(RFS) blending requirements. It isn't just a
handful of stations that are missing; we are
talking about the exclusion of hundreds of
stations nationwide. In fact, they missed 40
percent of the stations that are included in other
databases! That's simply unacceptable," said
Bob Dinneen, president and CEO of
the RFA.
In a letter sent to the DOE's
Office of Energy Efficiency & Renewable
Energy, the RFA illustrates the central role of
the database in crucial policy decisions, stating,
"EPA's mistaken belief that existing E85 refueling
infrastructure is insufficient to distribute the
2014 RFS volumes specified in the statute is based
in large part on information from the AFDC. As a
result, the Agency wrongly proposed to reduce
required renewable fuel blending volumes in
2014."
Click Here to read the rest of
the article and view of RFA.
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Americans
Continue to Demand Beef Amidst Record
Prices
Across the board
cattle and beef prices have surpassed record
levels. Speaking at the Oklahoma Cattlemen's
Association annual convention, Livestock Marketing
Information Center Director Jim
Robb says from an economist view its a
combination of the supply and demand side coming
together.
"The domestic consumer
demand has stayed surprisingly strong and we've
had some support in the beef complex from the
trials and tribulations in the pork industry and
the moving up of pork and hog prices," Robb said.
"Then the export demand has been surprising good
at these very high prices that foreign demand has
stayed very strong and very robust for beef, in
fact we are getting year over year increases still
in beef exports."
At the OCA meeting,
Robb talked with Radio Oklahoma Network Farm News
Director Ron Hays about the market situation. On
the supply side, the industry has shrunk numbers
significantly in recent years from ongoing drought
in the south as well as the Midwest. In the short
term Robb says packers are needing animals, which
pushes cattle and in turn beef prices higher. He
says there are strong fundamentals under the
market and at some point the market will peak, but
no one knows when that will take place.
While beef prices have moved to record
levels, demand has not been effected. Robb says
part of that is Americans having a craving for
beef and in looking at the meat case, pork and
chicken prices have also
increased.
Click Here to read or listen to
more of Jim Robb's comments from today's Beef
Buzz.
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Former
Oklahoma Beef Council Employee Tapped by Obama
Administration as a Champion of Change
Back
in 2009, Adam McClung was on the
staff of the Oklahoma Beef Council as their
Director for Industry Relations- this after
spending time with the Arkansas Cattlemen's
Association as their Director of Membership.
McClung, a native of Arkansas, did his schooling
in Oklahoma- at Eastern Oklahoma State College in
Wilburton and later Oklahoma State.
In
December of 2009- he returned to the Arkansas
Cattlemen's Association as their Executive
Director and has established himself as one of the
bright young stars of the beef cattle business.
Earlier
this year- he was nominated to be honored by the
White House- and they have selected him as one of
fifteen Champions of Change for US Agriculture.
The Administration says these individuals who are
being honored have been doing "extraordinary
things to build the bench for the next generation
of farming and ranching. These champions are
leading in their industries and communities,
inspiring others who want to find careers and a
life on the land, and providing food, fiber, fuel,
and flora around the world. "
Get more on this story here.
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God Bless!
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phone: 405-841-3675
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Farm and Ranch News Email.
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