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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 $6.92 per bushel- based on
delivery to the elevator in Oklahoma City 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, October 10,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured Story:
Attorney
General Scott Pruitt Calls on Feds to Ditch The
Rule
Attorney
General Scott Pruitt called for the EPA
and the U.S. Army Corps of Engineers to withdraw
the currently proposed "waters of the United
States" rule and replace it with a common-sense
alternative.
Attorney General Pruitt
submitted a comment letter on the proposed rule of
the EPA and Corps of Engineers to expand the
definition of the "waters of the United States"
that are navigable and therefore fall under
regulation of those agencies.
The
comments describe how the proposed rule's overly
broad definition of navigable "waters of the
United States" would place virtually every river,
creek, stream, along with vast amounts of
neighboring lands, under the jurisdiction of the
EPA and Corps of Engineers. The comments also
detail how the rule violates the agencies'
authority under the Clean Water
Act.
"The proposed rule unlawfully and
unconstitutionally asserts federal control over
local water and land by needlessly replacing state
and local land-use management with top-down,
federal control. If this rule were put into
practice, ditches and ponds that only hold water
when it rains would be regulated by the EPA and
Corps of Engineers. This rule should be withdrawn
and replaced with a common-sense alternative that
respects states' primary responsibility over lands
and waters within their borders while also giving
land owners clear guidance," Attorney General
Pruitt said.
Click here to be able to
read the letter submitted by Pruitt and
Attorney Generals from 10 other states and
Governors from six
states. |
Sponsor
Spotlight
The
presenting sponsor of our daily email is
the Oklahoma Farm
Bureau- a grassroots organization
that has for it's Mission Statement- Improving the
Lives of Rural Oklahomans." Farm Bureau, as
the state's largest general farm organization, is
active at the State Capitol fighting for the best
interests of its members and working with other
groups to make certain that the interests of rural
Oklahoma is protected. Click here for their
website to learn more about the
organization and how it can benefit you to be a
part of Farm Bureau.
We
appreciate long time supporter and advertiser as
heard on the Radio Oklahoma Ag Network-
Stillwater Milling, for also
stepping up here in 2014 and being a Daily Email
Sponsor. 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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Good
Harvests and Ample Stockpiles Drive International
Food Prices Down
Food
markets are more stable and prices for most
agricultural commodities are sharply lower than
they have been in recent years, according to the
latest edition of the Food and Agriculture
Organization of the United Nations
(FAO) biannual Food Outlook report
and a new update to the Organization's monthly
Food Price Index, both released Thursday. Bumper
harvests and abundant stockpiles are key factors
helping drive down international cereal prices,
according to the report.
World wheat
production in 2014 is forecast to reach a new
record, it says.
For coarse grains,
prospects for near-record production levels,
combined with already-high inventories point to a
very comfortable world supply and demand balance
in 2014/15, especially for maize.
While
rice outputs could decline slightly this year,
stockpiles remain "huge" and are sufficient to
cover over one-third of projected consumption
during the 2015-16 period.
All told,
world cereal production in 2014 is anticipated to
reach 2 523 million tonnes (2.5 billion tonnes) -
an upward revision of 65 million tonnes from FAO's
initial forecast in May. World cereal stocks
should hit their highest level in 15 years by the
end of the cropping season in
2015.
Click here to read more of the
FAO global outlook for oilseeds,
meat, milk and the food price
outlook.
|
Anderson
Advises Farmers to Capitalize on Positive Market
Gains
Grain
prices got a slight bump this week, which brings
opportunities for farmers to market their corn and
wheat crops. The December Kansas City wheat
contract went above $5.80 and cash wheat prices
increased by 30 cents. This week corn prices went
up over $3.38 level, which increased cash corn
prices by 20 cents. Then late in the week wheat
prices went back down. Oklahoma State University
Grain Marketing Economist Dr. Kim
Anderson said the $5.80 level has become
the new floor for Kansas City
wheat.
"We had a floor at $5.50 level
that's where we put it several weeks ago the wheat
prices tested it, they came back above the $5.80
and they are wallering around," Anderson
said. "If we can stay above $5.80 I think we
can get a run up on that December KC contract
maybe up to $6.20, maybe get another 50 cents out
of this market. If we stay below that $5.80, then
we're probably going to go back down and test
$5.50."
With most of the wheat harvest
across the northern hemisphere, Anderson said a
number of international factors are influencing
wheat prices from drought conditions in Australia,
to wheat quality issues in the European Union. He
is also watching the number of hard red winter
acres planted and the ongoing drought conditions
across the southern plains.
Click Here to read or to listen
to more on Anderson's outlook. You can
also find the full lineup for this weekend's
edition of SUNUP. |
US
Grains Council Building Export Markets
While
price is an important consideration for buyers of
corn and other commodities, the United States'
reputation for reliability and honesty is also a
significant market asset. The U.S. Grains
Council has been promoting these benefits
in top markets around the globe and will continue
to do so as the United States begins harvest for
another record corn crop.
The United
States exported more than 11 percent of the U.S.
corn supply in the 2013/2014 marketing year, which
ended Aug. 31. More than 100 countries purchased
the U.S. commodity.
U.S. corn exports
to Japan enjoyed a powerful rebound, with USDA
reports showing 2013/2014 exports and outstanding
sales of 11.8 million metric tons (465 million
bushels). The Council has been able to provide
Japanese end-users with timely, reliable
information to reinforce their traditional
preference for U.S. corn. This included
presentation of the Council's 2013/2014 Corn
Harvest Quality Report at the Japanese Outlook
Conference last January. Now in their third year,
the Council's Corn Harvest Quality and Corn Export
Cargo Quality reports have become recognized
benchmarks for Japanese buyers who monitor the
U.S. crop with great care.
Colombia
also saw a dramatic rebound in U.S. sales. U.S.
corn had become uncompetitive in recent years due
to more favorable tariff treatment for South
American producers. Implementation of the
long-delayed U.S.-Colombia free trade agreement
(FTA), recent policy changes and the Council's
promotion in that market resulted in dominant
market share in the past year. In April 2013, the
Colombian Price Ban System increased the duty on
South American origin imports to 5.75 percent.
Thanks to the U.S.-Colombia FTA, however, the
first 2.1 million tons (82.7 million bushels) of
U.S. corn imports have a zero percent duty.
Overall, the U.S. provided more than 95 percent of
the 3.4 million ton (134 million bushels)
Colombian corn market, with expectations favorable
for the coming year also.
Click here to read more about the
exports into north Africa and the Black Sea region
and the Grain Council's plans for marketing for
the
2014-2015. |
Oklahoma
Woman Convicted of Cattle
Rustling
An
Oklahoma woman was convicted Wednesday by a Bryan
County jury for knowingly concealing stolen
property (cattle). This investigation was led by
Texas and Southwestern Cattle Raisers Association
(TSCRA) Special Ranger Bart
Perrier.
The Langford
Hereford Ranch, located in Okmulgee, Okla. had
reported some of their registered purebred cattle
as stolen in October 2013.
According
to Perrier, the defendant, Christen Leeann
Allen, 31, from Haskell, Okla. had sold
ten head of registered purebred cattle at the
Durant Stockyards on Oct. 10, 2013 that matched
the description of the stolen cattle. During the
investigation some of the livestock sold by Allen
were located, and they were positively identified
through brands and registered tattoo numbers as
the stolen cattle reported in this case.
Allen was charged based on her
inconsistent statements about the origin and
ownership of the cattle when they were sold at the
sale barn and her activities leading up to and
after the sale of the cattle. Click here to read more about
Allen's charges. |
Trade
Barriers Over GMO Crops Likely to Impact Livestock
Producers
A
study called "The Prevalence and Impacts of
Genetically Engineered Feedstuffs on Livestock
Populations" has been put together by University
of California-Davis Corporate Extension Specialist
for Animal biotechnology and Genomics Alison Van
Eenennaam. She studied livestock feeding from the
early 1980's to 2010, which included years of data
of non-genetically modified crops. From 1996
present there has been an increasing amount of
feed made from genetically modified crops. She
said there is no difference in feeding either type
of feed. In the years to come an impact on
livestock producers could be international trade
restrictions in getting foreign countries to
approve new genetically modified
products.
"Not all approvals are going
through in different countries at the same time,
so when you have very large exporting countries
approving crops for cultivation for the importing
countries that approved them for import then you
have a trade problem and this is likely to get
exasperated as more of these crops come on-line,"
Van Eenennaam said. "There is a large number
genetically engineered crops in the development
pipeline that are actually optimized for animal
feeds."
I once again featured Dr. Van
Eenennaam on today's Beef Buzz. Dr. Van Eenennaam
said global harmonization on regulatory approvals
is a key for their future success. Click here to read or to listen
to my feature with Dr. Van
Eenennaam. |
This
N That- Rain Arriving, Superior Video Auction
Underway This Morning and OSU Rural Economic
Outlook Conference Set for
Halloween
Severe
weather warnings started popping up last night in
the Panhandle and northwestern Oklahoma- and that
was just the start as heavy rains have rolled
across mostly northeastern Oklahoma to this point
early Friday morning.
Based
on the Mesonet rainfall totals (we have the Mesonet 2 day map here
to let you see everything that has come from
this system), Copan has topped four inches up
by the Oklahoma-Kansas border while locations like
Vinita and Miami are north of 3 inches and it has
not stopped yet.
Cheyenne
in Roger Mills County in western Oklahoma has
picked up over 2 inches of rain from this system
as well.
However,
the rain has not spread south as of yet- nothing
as of yet south of I-40. However, we have a
strong cold front heading in that will take
temperatures down and hopefully will pull rain
into the southern half of the state. Our high
temperatures for Friday were seen at midnight and
we are currently afternoon temps in the 50s and
60s across Oklahoma today- and really for Saturday
as well.
Current
chances of rain in southern parts of Oklahoma are
from 50 percent in southwestern Oklahoma to 80% in
southeastern sections of the state.
Chances
of rain spike back up by Sunday night into Monday
in a lot of the state.
**********
The
regular every other week Superior Video
Livestock Auction is set for this morning
at 8:00 AM central time- some 19,000 head of
cattle are set to be sold live via DISH Network
Channel 232 and on line at SuperiorClickToBid.Com.
This
week's sale will feature 19,000 head- including
4,540 yearling steers, 1,600 yearling heifers,
8,000 weaned calves, 1,800 calves on cows and
1,450 bred cows and open
cows.
For details, call
Superior at 1-800-422-2117 or go online to the
detail page for this auction, found here.
**********
Agricultural
lenders, producers, agribusiness managers and
rural leaders planning to attend the Rural
Economic Outlook Conference taking place
Oct. 31 on Oklahoma State University's Stillwater
campus should register
now.
"This year's
conference will focus on trends and expectations
regarding the rural economy and agriculture," said
Damona Doye, OSU Cooperative
Extension farm management specialist. "Speakers
will address both global and local issues that
should inform decisions for the coming
year."
Cost is $50 if
registering by Oct. 24 and $75 thereafter or at
the door. Registration includes the Oct. 30
catered reception and breakfast, lunch and
refreshment breaks during the Oct. 31
conference.
Click or tap here to learn more
and for the link on over to registration for the
2014 Conference. |
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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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