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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
$8.30 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
Friday, August 1,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Canadian
Ag Minister Says Time For Repeal of Mandatory COOL
in US
Canada
has a long history of being against the US Country
of Origin Labeling Law. Minister of
Agriculture and Agri-Food, Canada Gerry
Ritz was at the Cattle Industry
Summer Convention in Denver on Thursday. After his
presentation to the NCBA Board of Directors, we
had the chance to meet and interview Minister Ritz
about COOL.
"We're seeing it as a real
detriment to the integration that we have with the
North American beef market," Ritz said. "Certainly
we rely a large amount of our beef processing is
done here in the US and as we see plants falter
and not get to capacity they need because of the
discrimination and segregation that is required
under mandatory COOL of course that's very
concerning to us."
The latest US COOL
Rule has been in place since May 2013. This
revision to the original rule was written in
response to previous complaints from Canada and
Mexico. Ritz said unfortunately the revision made
the impact of the rule even more severe.
"We're actually seeing the
discrimination actually ramped up more so than it
was before," Ritz said. "Before that amendment was
put into play we were looking at about a $1
billion a year that our industry has identified
that they're leaving on the table because of that
price discrimination due to the segregation that
was required."
Ritz
said there is one way to reach compromise and that
through repealing COOL. Click Here to read or to listen
to my full interview with Ritz.
We
also talked with Kristina Butts
of NCBA about their perspective on this soon to be
released WTO finding on the US COOL Rule- get our Friday Beef Buzz with
Kristina here as she offers some "inside the
DC Beltway" thoughts on this contentious
subject.
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Sponsor
Spotlight
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!
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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House
Lawmakers Want Good TPP Deal For
Agriculture
Nearly
one-third of the U.S. House urged
the White House to pursue a Trans-Pacific
Partnership (TPP) trade agreement without
countries that prove unwilling to fully open their
markets to all U.S. agricultural
products.
The TPP is a regional
negotiation that includes the United States,
Australia, Brunei Darussalam, Canada, Chile,
Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore and Vietnam, which account for nearly 40
percent of global GDP.
In a letter sent
this afternoon to President Obama, 140 members of
the House, led by Ways and Means trade
subcommittee Chairman Devin Nunes, R-Calif., and
Ranking Member Charlie Rangel, D-N.Y., indicated
that congressional support for the TPP would be
jeopardized if U.S. negotiators accept anything
less than elimination of all trade barriers to
U.S. agricultural goods. They pointed to Japan's
current offer, demanding special treatment for its
agricultural sector, including exemption from
tariff elimination for certain "sensitive"
products, including pork. (Click here to read the
letter.)
"If accepted," the
lawmakers said in the letter, "this unprecedented
and objectionable offer would significantly limit
access for U.S. farmers and ranchers to the
Japanese market and, most likely, to other TPP
countries as well."
Click Here to learn more about
how the TPP agreement would benefit US ag
producers.
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Oklahoma
AG Advances Investigation Into HSUS Fundraising
HumaneWatch.org,
a project of the nonprofit Center for Consumer
Freedom, applauded Oklahoma Attorney
General Scott Pruitt yesterday for moving
forward with his investigation into the deceptive
fundraising of the Humane Society of the United
States (HSUS).
Oklahoma Farm Bureau's
Director of Corporate Communications Sam
Knipp recently interviewed AG Pruitt
about this latest development. To listen to that
interview click on the LISTEN BAR at the bottom of
this article. Pruitt stated last week that his
office has issued subpoenas to HSUS and an HSUS
vendor, direct-mail firm Quadriga Art, in light of
the latter's $25 million settlement with the New
York Attorney General earlier this month. Quadriga
had been accused of raising money on behalf of a
veterans charity and keeping almost all of the
millions raised.
Earlier this year,
Pruitt issued a public "consumer alert" regarding
the fundraising of national animal charities.
Click Here to listen to Sam
Knipp's interview or to read the rest of the
article.
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Spend
a Dollar- get Back Eleven Bucks- Beef Checkoff
Getting It Done
In
the most comprehensive study ever rendered about
the Return on Investment (ROI) of beef checkoff
assessments, Dr. Harry Kaiser of Cornell
University concludes that each dollar
invested in the Beef Checkoff Program between 2006
and 2013 returned about $11.20 to the beef
industry. Here in Denver, Kaiser was featured
speaker in a session that explained the ROI
study- and we had the chance to visit with him
about the research on the value of the
checkoff.
"The
news for beef checkoff investors couldn't be
better," said Kaiser, the Gellert Family professor
of applied economics and management at Cornell and
director of the Cornell Commodity Promotion
Research Program, who is sharing study results
this week at the 2014 Cattle Industry Summer
Conference.
"It is clear to me that
activities funded through the Beef Board budget
have a substantial impact on beef demand in the
U.S. and in foreign markets. The return on
producers' and importers investments into this
program is vastly greater than the cost of the
program."
Commissioned through the
checkoff's Joint Evaluation Committee, this new
ROI study could be a useful tool for producers who
make decisions about how to invest checkoff
dollars.
Click Here for additional
key findings in Kaiser's benefits-cost analysis
and to listen to my interview with Dr. Kaiser.
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Farmer
Organizations Applaud Passage of Bill to Ease
Regulatory Burden
The
National Council of Farmer
Cooperatives (NCFC) and National
Association of Wheat Growers
both applauded House passage of H.R. 935, the
Reducing Regulatory Burdens Act, by a vote of
267-161. The bill, introduced by Congressmen Bob
Gibbs, Kurt Schrader, Austin Scott and Mike
McIntyre, would eliminate the costly and
duplicative pesticide permitting requirements
imposed on farmers and ranchers by a misguided
decision of the 6th Circuit Court of Appeals in
National Cotton Council v. EPA.
"The
House's strong vote in favor of H.R. 935 this
evening is an important first step towards
ensuring that this country's farmers and ranchers
will not face burdensome and redundant regulations
and the tremendous uncertainty that goes along
with it," said Chuck Conner,
president and CEO of NCFC. "I would like to thank
Representatives Gibbs, Schrader, Scott and
McIntyre for their leadership in seeing this bill
through the process and urge that the Senate take
up its version of the bill after the August recess
without delay."
"The
passage of HR 935 is an important step in
addressing the duplicative regulation on pesticide
applications," says NAWG President, Paul
Penner, a wheat farmer from Hillsboro,
Kans. "NAWG has been engaged in this issue for
many years, and we send our thanks to Congress for
continuing to address regulatory issues impacting
agriculture."
H.R.
935 the Reducing Regulatory Burdens act addresses
a duplicative permit required for pesticide
application. For over 30 years, the Federal
Insecticide Fungicide and Rodenticide Act (FIFRA)
regulated pesticide applications and growers and
other pesticide applicators must follow the label
requirements to be in compliance with the law.
H.R. 935 eliminates the second requirement for a
National Pollutant Discharge Elimination System
permit under the Clean Water Act. The bill passed
267-161 and will now go to the Senate.
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Anderson
Says Odds Against Big Drop In Wheat Prices
Wheat
prices are on the decline again this week, but how
low will it go? On this Saturday's SUNUP program,
Oklahoma State University Grain Marketing
Economist Kim Anderson looks at
the global wheat situation and the price outlook
for 2015.
Anderson said there is
negative news for France and Germany where they
are having too much rain which is impacting the
quality of the crop. Anderson said its dry in
Australia and eastern growing region, so there is
concern for that wheat crop. Additionally there
are also potential economic sanctions against
Russia, which could inhibit their exports.
With the step decline in the market,
where is the bottom in the market? Anderson has
stated that $6 - 6.05 remains to be strong support
price.
"You look at the technicals,
the charts are telling you that the September
contract price is going to go to $5.70," Anderson
said. "I think the odds are against that, maybe
about 35 percent chance of that happening."
"That would drop cash prices down to
around $5.40.....If cash prices drop 13 to 15
cents, then they will go on down, so I have the
bottom for cash (wheat) around $5.40," he
said.
Click here to listen to
Anderson's view on the price outlook for June
2015 for wheat and canola. You can also take
a look at the SUNUP lineup for this weekend on
OETA.
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This
Saturday morning on KWTV, News9- my guest for my
regular In the Field
segment will be Colin
Woodall, Vice President for Governmental
Affairs for the National Cattlemen's Beef
Association.
We
will be talking about the lack of accomplishments
for this Congress in an election year- as
well as looking at the EPA proposed rule regarding
the Waters of the US, which NCBA strongly
objects to.
We
also did an in depth audio interview
with Woodall about these subjects- you can jump
over to our website and get that interview here and plan
to watch for our In the Field segment
Saturday morning at about 6:40 AM on
News9- or be watching their
website later in the day Saturday as
they will post our visit with Colin
in the video section.
***********
A
Frederick high school graduate is the recipient of
a $2,500 scholarship sponsored by Dairy MAX, your
local dairy council. Liza Van der
Laan is one of two high school graduates
who received the award. The scholarship is given
based on scholastic achievement, leadership
abilities and an interest in an
agricultural-related field of study.
"We are proud to support outstanding
youth in their future endeavors," said Tom
Woods, a Dairy MAX board member and
farmer from Gage, Okla. "With the help of these
young leaders, I have no doubt the dairy industry
has a bright future ahead."
In the
fall, Van der Laan will pursue an undergraduate
degree in plant science at Oklahoma State
University. Upon graduating college, she hopes to
pursue a career in biotechnology and develop a
strain of drought and flood resistant crops.
Read more here.
*********
August
has arrived- and that meansone of the best one day
cattle industry conferences in country will be
getting underway right away- specifically, next
Saturday, August 9th. The 2014 edition of
the Southern Plains Beef Symposium is set for the
Ardmore Convention Center all day next Saturday-
with the 2014 theme "Expanding? Factors to
Consider."
You
can jump over to our calendar section of
our website to see the full agenda and to get
information on how to register. And- for more
information, you can call the Carter County
Extension office at
580-223-6570. |
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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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