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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 $7.79 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 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 8,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Drought
Relief Continues Moving West Across
Oklahoma
Getting
a wetter than normal summer is bringing drought
relief to Oklahoma. The state's drought ratings
were cut nearly in half in the most severe drought
ratings over the last week, a culmination of the
ongoing summer moisture. In the weekly US Drought
Monitor report released Thursday, Oklahoma saw
improvement in all drought categories with 2.63
percent in exceptional drought (D4), 16.74 is in
extreme drought (D3), 48.08 is in severe (D2),
72.56 is in moderate (D1), 83.5 percent was
abnormally dry and 16.5 percent did not receive a
drought rating.
That's a vast
improvement over the last three months when 28.85
percent was in exceptional drought, 48.86 percent
in extreme, 65.94 in severe, 80.65 in moderate,
93.33 abnormally dry and 6.67 was not classified
in a drought
rating.
In the weekly
Oklahoma Climatological Survey Mesonet Ticker,
State Climatologist Gary McManus
said most of the drought impacts we see now are
long-term impacts, such as surface water deficits,
deeper soil moisture deficits and ground water
levels. The effect of the drought continues to
linger across western Oklahoma where lakes are
still below 50% of normal capacity.
Oklahoma has been dealing with
deficits of 20-30 inches since the beginning of
the drought in October 2010, and also from the
beginning of this year. The state experienced a
deficit of close to five inches from January one
to August sixth, as the 19th driest since at least
1921. McManus said this is definitely a long-term
drought impact needing a long-term drought
remedy.
Click Here to read about the
weather outlook for the next 14 days and the
outlook for El Nino this fall.
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Spotlight
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newest sponsor for the daily email is
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Midwest
Farm Shows is our longest running sponsor
of the daily email- and they say thanks to all of
you who participated in this spring's 2014
Oklahoma City Farm Show. Previously known
as the Southern Plains Farm Show, the name change
now more clearly communicates 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.
Up
next will be the Tulsa Farm
Show December 11-13,
2014. Click here for the Tulsa Farm
Show website for more details about this
tremendous show at the River Spirit Expo Square in
Tulsa. Now is the ideal time to contact
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book space at the premier farm show in Green
Country-the Tulsa Farm
Show.
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Amid
Record Prices, USMEF Promotes Value of US
Beef
Record
beef prices and tight US beef supplies, a
combination that makes it tough to sell US beef
internationally. That's a challenging job for US
Meat Export Federation President and Chief
Executive Officer Phil Seng. We
visited with Seng at the Summer Cattle Industry
Convention held last week in Denver. Seng said
they are letting customers around the world know
that, without a doubt, US beef still needs to be
on their shopping list.
"One of the
things we are doing internationally is we're
trying to explain to a lot of our valued customers
overseas why you're paying more for our product
than you ever have before," Seng said. "We're
trying to show this value - price relationship."
Other than Korean beef and Japanese
beef, US beef is the most expensive beef in the
world. Seng said in working with Australia, India
or other competitors they are doing a lot to
demonstrate the value of US beef.
"We're doing a lot to try and extol
really the virtues of US beef and our US beef
production and the deliverables you get with US
beef, that's probably one of the key things we are
doing at this point and time," Seng said.
The
underlying issue is the small US beef supply and
growing international demand for US beef. Get More on This Story here
which includes our Beef Buzz audio about
how China is impacting global beef demand and
the potential for the US to export to China in the
future.
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Rural
Economies Found to Benefit From
Broadband
A
team of researchers has come one step closer to
showing that broadband is an engine for growth in
rural U.S. communities, especially when a large
segment of the population adopts the technology.
Their findings are among the first to provide
evidence to support a long-held assumption that
rural economies are boosted by
broadband.
"When broadband first came
out, there were all sorts of claims that it would
be great for rural areas, but until now we really
hadn't seen any firm evidence on whether broadband
impacts economic growth in these areas," said
Brian Whitacre, Oklahoma State
University Cooperative Extension economist, and
leader of this study. "We found that rural
counties that did a good job of adopting broadband
had higher rates of income growth and lower rates
of unemployment growth."
The
researchers used 2010 U.S. county level data to
compare all non-metro counties in terms of their
broadband availability and adoption. Then they
compared these counties in terms of their economic
growth between 2001 and 2010, using indicators
like household income, employment growth and
number of firms. When they analyzed the two data
sets together, they found a significant
relationship between broadband adoption and
economic growth.
View more of this story here
about how broadband adoption impacts income growth
and unemployment.
Written By Kristen Devlin,
Penn State University
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AFBF
Releases #DitchTheRule Animated
Video
A
new animated video produced by the American Farm
Bureau Federation is part of the organization's
popular Ditch the Rule campaign. The
two-and-a-half minute animation explores how the
Environmental Protection Agency and U.S. Army
Corps of Engineers' proposed "Waters of the U.S."
rule is regulatory overreach and
unnecessary.
"This video offers a fresh
take on a serious subject of concern to farmers,
ranchers and other landowners," said Mace
Thornton, AFBF's executive director of
communications. "It is time to get animated, share
the video and join the movement to Ditch The
Rule," he urged.
If adopted, the new
rule would enable the agencies to micro-manage
farming and impose unworkable regulations on
farmers and other landowners. It would grant
federal agencies - EPA and the Corps - rather than
state and local governing bodies, primary
oversight of land use, exposing farmers to
penalties for common farming practices of up to
$37,000 per day.
Farm Bureau, together
with dozens of other agricultural and land-use
groups and hundreds of members of Congress, is
fighting EPA's attempt to redefine the Clean Water
Act through the overreaching waters
rule. Click Here to watch the animated
video from AFBF.
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Ag
In The Classroom Connecting with
Teachers
The Ag in the
Classroom (AITC) program is connecting
thousands of Oklahoma students and teachers to the
state's farmers and ranchers. During the school
year the program educates student grades K-12
about their food. In the summer months the program
works to connect with teachers. Coming up on our
In The Field segment tomorrow morning will
be AITC Coordinator Dana
Bessinger, who will talk about the
program's
activities.
"We work
with educators and besides the three road trips
that we have taken with teachers connecting them
up close and personal with agriculture and our
lesson in resources, we've had a state
conference," Bessinger said. "We
did four workshops at Vision 20/20, which is the
state department of education state
conference."
This summer AITC offered
the "The Rolling Classroom" that took a group of
teachers out to the country to visit a ranch and
feedlot. The Oklahoma Beef Council surveyed
participants view points before and after the
event to see if the program had a impact.
"We try to dispel some of the
misinformation and on those trips they hear the
flat out facts and they get to visit with the
ranchers," Bessinger said.
You can View and Listen here to
more about the AITC summer activities. Also
be sure to watch Saturday's In the Field segment
with Bessinger and I on KWTV
News9 during the Saturday morning news
block around 6:40 am.
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OCA
Range Round-Up Celebrates 30 Years of 'Riding'
with Ford
The
Oklahoma Cattlemen's Association (OCA) and
Oklahoma Ford Dealers invite you to attend the
30th Anniversary OCA Range
Round-Up on Aug. 22 and 23.
The Range Round-Up takes place at the
State Fairgrounds Jim Norick Arena in Oklahoma
City. Performances will begin at 7:30 p.m on
Friday, Aug. 22 and Saturday, Aug. 23. Tickets can
be bought at the door or reserved early by calling
405-948-6800 or visiting the Oklahoma State Fair website. Doors
open at 6:00 p.m. to allow time for attendees to
visit the trade show.
"We are excited
for our 30th Annual event and honored that The
Oklahoma Ford Dealers have been the event's
presenting sponsor since the very beginning in
1985," said Tim Drummond, OCA
Range Round-Up Chairman.
Twelve teams
consisting of 16 ranches of 'real ranch' cowboys
will compete in the 30th Annual OCA Range
Round-Up. These cowboys will compete in events
that mirror many of the activities they do on the
ranch.
"2014 will mark the 18th year
that our selected charity has been the Children's
Miracle Network. In that time, the OCA has donated
more than $441,500.00," said
Drummond. "We like to call the
event, 'Cowboys Helping
Kids'." "We are proud of this
event," Drummond continued, "And we appreciate the
ranches, sponsors, fans, and volunteers who help
us with this important mission."
Click Here for the full list of
ranches competing in this year's Range
Roundup.
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CME
Group Looking for Your Input on Trading Hours for
their Livestock Futures Contract
The
CME Group, the world's leading
and most diverse derivatives marketplace,
announced it has begun the process of conducting
broad outreach to customers, producer groups and
other market participants to review existing CME
livestock trading hours on CME Globex.
"Livestock
customers and industry participants have asked us
to review the current electronic trading hours for
our CME livestock products to ensure we are
providing the most effective risk management and
price discovery tools possible," said Tim
Andriesen, Managing Director,
Agricultural Commodities and Alternative
Investments, CME Group. "This survey is part of
our ongoing efforts to ensure our products
continually reflect the changing needs of our
customers and the market."
An
online survey of CME Globex trading hours for CME
Live Cattle, Feeder Cattle, and Lean Hog futures
and options products will be made available to
participants on CME Group's website now through
Tuesday, August 19.
You
can access the survey on the CME website here.
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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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