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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 $6.76 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
Wednesday, September 24,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Talking
Goobers as Peanut Harvest Arrives- Mike Kubicek
Looks to Regrowing Peanut
Acres
Peanut
harvest is ready to begin in Oklahoma- and
Mike Kubicek of the Oklahoma
Peanut Commission calls the attitude of producers
"cautiously optimistic " as they are close to
digging up this year's crop of goobers and seeing
what is under that green canopy of peanut plants.
Acres took a hit in 2014- Kubicek blames the
lateness of many bigs by peanut processors and
shellers as the reason that some acres that have
been in peanuts in recent years went to other
crops this spring- he's hopeful that those acres
will return to peanuts in 2015- and he thinks they
will if contracts to buy next year's crop are out
in a more timely fashion next
spring.
As for this season's harvest-
Kubicek predicts that a lot of peanuts will be dug
over the next couple of weeks.
As
we participated in last night's Pre Harvest Peanut
Field Tour at the Caddo Research Station at Ft
Cobb Lake, we talked with Kubicek and others about
what the future holds for peanuts as a crop in the
state- and one of the bright spots mentioned are
several new varieties that have high levels of
resistance to Sclerotinia blight- a disease that
once you get it in your soil- will stick around
for decades- and remains on many of the acres in
areas like Caddo County that used to grow
peanuts.
Click or tap here to read more- and
to hear comments from Kubicek and
Kelly Chamberlin of the USDA-ARS
about the breeding work done- including a new
peanut variety that is now out with enough seed
that at least some farmers should be able to plant
it as early as next season.
By
the way- I snapped a bunch of pictures at the
Caddo Research Station yesterday
afternoon/evening- click or tap here to take a look
at them on Flickr!
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Oklahoma City Farm Show.
Up
next will be the Tulsa Farm
Show December 11-13,
2014. Click here for the Tulsa Farm
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tremendous show at the River Spirit Expo Square in
Tulsa. Now is the ideal time to contact
Ron Bormaster at 507-437-7969 and
book space at the premier farm show in Green
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Show.
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Oklahoma
Farm Bureau's PAC Endorses Governor Mary Fallin in
Her Reelection
Bid
The
OKAgFund announces its
endorsement of Gov. Mary Fallin
as she seeks reelection for
governor.
"Gov. Fallin understands the
importance of rural Oklahoma for economic
development all across our state," said
John Collison, OKFB vice
president of public policy and media relations.
"We sincerely appreciate Gov. Fallin for
continuing to stand with and support the
agricultural industry, and we are honored to
endorse her in her campaigning
efforts."
The OKAgFund, Oklahoma Farm
Bureau's political action committee, is made up of
OKFB members from across the state who identify
candidates who demonstrate beliefs and actions
that are consistent with Oklahoma Farm Bureau's
policies, regardless of political affiliation.
While the OKAgFund contributes financially to
several state campaigns, an endorsement is the
highest level of support the committee gives to
select candidates.
Oklahoma Farm Bureau
will be celebrating the endorsement of Gov. Fallin
on Thursday, Sept. 25, at the Oklahoma State vs.
Texas Tech football game. The tailgate will be
from 4:30 p.m. to 6:30 p.m. at the southeast
corner of Hall of Fame Avenue and Duck Street in
Stillwater. The location is in a parking lot on
the east side of the practice fields and the
southeast corner of the intersection.
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Art
Barnaby- Crop Insurance Premiums for Wheat Likely
to Be Lower for 2015 Crop
Farmer-paid
winter wheat premiums will be lower for 2015,
regardless of the Risk Management
Agency (RMA) rate changes. The reason for
lower premiums per acre is the winter wheat crop
insurance price election for 2015 has dropped from
$7.02 to $6.30 and volatility has declined from
19% to 17%, an all-time low over the past 17
years. In 2013 the winter wheat approved
volatility value was 24%. Those volatilities and
prices are set by the market and out of RMA's
control. The third factor for setting a premium is
the farmer's APH, also outside of RMA's control.
RMA does set the rate and the premium cost is then
adjusted based on the APH, volatility, and base
price.
Table 1 (available here) shows a
comparison of a Great Plains wheat premium in 2015
vs. 2014, based on an APH of 40 bushels and a
$6.30 base price. The rate comparisons were based
on an enterprise unit. The farmer-paid premium for
this farm in 2015 at the 85% coverage level
declined by 6.59%. This means for the exact same
coverage in 2014, farmers will pay 6.59% less
premium in 2015. This was surprising given this
county suffered one of its worst yield losses in
50 years. The volatility caused a 2.61% premium
reduction, but RMA also reduced the rate by 3.87%,
resulting in a total premium reduction of 6.59% at
the 85% coverage level.
All but the
50% coverage level showed rate reduction. However,
with the exception of the 80% and 85% coverage,
all of the rate reductions and resulting premium
cuts were due to lower volatility. Coverages from
50% to 75% all showed a rate increase from RMA.
Without the volatility decline, premium rates for
coverages below 80% would have increased (Table
1). Click Here to read more about the
different risk management options.
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US
Beef Exports to EU Face New
Obstacle
It's
always been a challenge selling US beef into the
European Union. This goes back to
the 1980's when they first banned product coming
from cattle with hormone implants. Since that time
the US has challenged the EU in the World Trade
Organization courts. This US has won each time and
there has had a significant penalty against
European exports into the US that were eventually
negotiated away back in 2009 when the EU agreed to
open a duty-free import quota for beef produced
from non-hormone-treated cattle (NHTC) raised
under specific feeding and grading conditions.
US Meat Export
Federation (USMEF) Senior Vice President
for Trade Access Thad Lively said
the US has seen beef exports into the EU grow, but
now there is a significant problem.
"In 2009 the Europeans agreed to
create a new quota which would have no duty,"
Lively said. "That quota would be for product that
would meet a specific definition, very similar to
the product we produce here in the United States.
We started shipping under that quota and saw good
grow in our exports but over the years since then
the EU has permitted other countries to also ship
under the quota. Not surprisingly the volumes have
increased dramatically and even through we've seen
increases in the US beef exports under the quota
each year, Australia and Uruguay in particular
have really ramped up their
shipments."
While the current quota
year does not end until June 30, this is an issue
of immediate concern. The quota is administered on
a quarterly basis, with an allocation of 12,050 mt
reserved for each quarter. In the current quota
year that began on July first it looks like the
quota is going to be filled. Lively said the first
quarter of the total quota has been nearly filled,
so as we go through the year the pressure on the
quota is only going to grow. Click here to listen to this
Beef Buzz feature or to read how the quota is
reaching critical trade levels that could be
harmful to US beef producers.
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EPA
Abandons CAFO Lawsuit in West
Virginia
The Environmental
Protection Agency's decision not to
appeal a key federal ruling in favor of West
Virginia farmer Lois Alt
highlights the cynicism that drives the agency's
water agenda, the American Farm
Bureau said.
The U.S.
Court for the Northern District of West
Virginia earlier ruled against EPA and in
favor of farmer Lois Alt in October 2013. The
court rejected EPA's contention that the Clean
Water Act regulates ordinary stormwater runoff
from the farmyard (non-production areas) at large
livestock or poultry farms.
Since no
federal court had ever addressed the question of
stormwater runoff from farms such as Alt's, the
lower court's ruling carries implications for tens
of thousands of poultry and livestock farms
nationwide. An appellate court decision upholding
that ruling would make it even harder for EPA to
persist in imposing wide-scale federal permitting
requirements on large animal farms (known as
"concentrated animal feeding operations" or
"CAFOs"). EPA's voluntary dismissal of its appeal
signals the agency's desire to avoid a likely loss
in the appellate court. The appeal could still go
forward if any of the five environmental groups
that intervened in support of EPA decides to go
forward without the government.
"EPA
knows its effort to regulate perfectly well-run
farms cannot withstand legal scrutiny, and the
agency doesn't quite know how to deal with that,"
AFBF President Bob Stallman said.
Both AFBF and the West Virginia Farm Bureau joined
the suit on the side of Alt. "Apparently, the
agency would rather move on and continue pursuing
its regulatory agenda farm-to-farm, but not defend
it in court." Although EPA's motivation seems
self-evident, said Stallman, "you wouldn't know it
from the agency's spin
machine."
Click Here to learn more about
case of Alt vs. EPA.
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National
FFA Membership Grows to 610,240
Students
Analysts
forecast that the world's population will grow to
9 billion people by 2050. With global needs today
to fight hunger and prepare for the expected
population explosion, the industry of agriculture
needs educated, skilled and passionate people
dedicated to sustainability. Today's
students are answering that call, evidenced by an
explosion in FFA membership throughout the United
States, Puerto Rico and the Virgin Islands in the
past year.
Membership in
FFA today stands at 610,240
students up from 579,678 in 2013. Membership
increased by more than 30,500 during the 2013-14
school year. The number of new, local FFA chapters
throughout the country grew to
7,665.
"FFA, through agricultural
education, is preparing our youth to ensure the
security of our country's food, fiber and natural
resources for years to come," said National FFA
Organization CEO Dr. Dwight
Armstrong. "Through real-world
experiences, the nation's agriculture teachers are
helping students develop the technical knowledge,
skills and problem-solving capabilities to be the
industry's leaders of tomorrow. FFA members will
be tomorrow's advocates for
agriculture."
The Texas FFA Association
added more members than any other state, with
8,364 members. Total FFA membership in the Lone
Star state stands at 103,379 with 1,021 chapters.
California, with 76,470 members, is the country's
second-largest FFA association, followed by
Georgia with 37,698 members, Missouri with 25,935
members and Oklahoma with
25,561 members. Click Here to learn more about
the National FFA Organization.
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Tomorrow,
CHS will announce its commitment
to furthering agricultural education in the United
States through a gift of $1.5 million dollars, to
be given over the next 3 years to the National FFA
Foundation. The gifting ceremony will
take place at CHS headquarters in Inver Grove
Heights, Minn., just in advance of the National
Teach Ag Day celebration. A large portion of
the CHS donation will be earmarked for the
National Teach Ag Campaign ($275,000) and the
Curriculum for Agricultural Science Education.
The
National Teach Ag Campaign is an initiative to
raise awareness of the need for more agricultural
educators and celebrate the contributions
agricultural educators make in their classrooms
every day.
Click or tap here for more
details.
**********
It's
Wednesday- and that means the Big
Iron folks will be busy closing out
this week's auction items- all 717 of
them- starting at 10 AM central
time.
Click Here for the complete
rundown of what is being sold on this no reserve
online sale this week.
If
you'd like more information on buying and selling
with Big Iron, call District Manager Mike
Wolfe at 580-320-2718 and he can give you the
full scoop. You can also reach Mike via email by clicking or tapping
here.
**********
Memorial
services for Bart McSpadden are
planned for this morning at 10 AM at the Crossings
Church Chapel in north Oklahoma City.
The
46 year old McSpadden died unexpectedly this past
Friday and is survived by his wife, Kate, and
children, Noah, Chloe, Tucker, and Luke, and
mother, Donna McSpadden.
In
the spring of 2013, Bart McSpadden was
honored with the okPORK Distinguished Service
Award by the Oklahoma Pork Producers- one of the
groups he represented at the State Capitol as a
lobbyist.
We
were there that evening for that presentation- and
had the chance afterwards to talk with Bart
about those early days of working for the pork
industry here in the state during what has been
called the "Hog Wars." Here's a link back to that story and
that interview with Bart for those of you that
want to remember some of the great things he
helped accomplish for animal agriculture here in
the state that are a part of his professional
legacy.
I
will miss Bart- he was always willing to
talk politics and how things that were going down
at the Capitol might impact rural folks- he told
it like it is- and in this day of people always
wanting to make themselves look good- that was
refreshing and much appreciated.
Keep
his family in your prayers during this most
difficult day- and in the days to come.
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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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