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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
$6.67 per bushel- based on delivery to the Oklahoma City
elevator 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
Tuesday,
December 23,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured Story:
USDA
Releases APH Yield Exclusion Resources to Help
Farmers
The
U. S. Department of Agriculture's Risk
Management Agency (RMA) announced program
details related to a new Farm Bill initiative that
will provide relief to farmers affected by severe
weather, including drought. Information made
available Thursday includes eligible crops, crop
years, and counties where producers are eligible
to exclude certain yields under the Actual
Production History (APH) Yield Exclusion,
a fact sheet, and a list of frequently asked
questions.
The APH Yield Exclusion will
be available in the actuarial documents beginning
in the 2015 crop year for spring planted corn,
soybeans, wheat, cotton, grain sorghum, rice,
barley, canola, sunflowers, peanuts, and popcorn.
It will allow eligible producers who have been hit
with severe weather to receive a higher approved
yield on their insurance policies through the
federal crop insurance program.
"APH
Yield Exclusion will provide additional options to
producers who have suffered from devastating
natural disasters," said RMA Administrator
Brandon Willis. "The resources
made available today will help eligible producers
get the most benefit out of the new protections
created in the 2014 Farm Bill."
Under
the new Farm Bill program, yields can be excluded
from farm actual production history when the
actuarial documents provide that the county
average yield for that crop year is at least 50
percent below the 10 previous consecutive crop
years' average yield. Click here to read more on how
the APH Yield Exclusion will allow farmers to
exclude yields in exceptionally bad
years. |
Sponsor
Spotlight
Midwest
Farm Shows is our longest running sponsor
of the daily email- and they say thanks to all of
you who participated in this month's Tulsa Farm
Show. Based on the foot traffic that we saw
all three days inside the River Spirit Expo
building- the 2014 show was once again a rousing
success!
Up
next will be the Oklahoma City Farm
Show. The dates for the spring event have
been set- April 16, 17 and 18, 2015. The show is
the premier spring agricultural and ranching event
for the southern plains area, with over 300
exhibitors featuring over 1000 product lines for
three big days. Now is the ideal time to contact
Ron Bormaster at 507-437-7969 and
book space at the 2015 Oklahoma City Farm
Show.
Oklahoma
Farm Report is happy to have
WinField and their
CROPLAN® seed brand as a sponsor
of the daily email. CROPLAN® by WinField combines
high performing seed genetics with local,
field-tested Answer Plot® results to provide
farmers with localized management strategies that
incorporate seed placement, proper nutrition and
crop protection product recommendations based on
solid data. We have planted nine Answer Plot®
locations in the Southern Plains region for this
Fall, showcasing winter canola and winter wheat.
Talk to one of our regional agronomists to learn
more about canola genetics from CROPLAN® by
WinField, or visit our website for more
information about CROPLAN
seed.
|
Syngenta
Receives Chinese Import Approval for Agrisure
Viptera Corn Trait
Syngenta
announced Monday that it has received the safety
certificate for its Agrisure
Viptera® trait (event MIR162) from
China's regulatory authorities,
formally granting import approval. The approval
covers corn grain and processing byproducts, such
as dried distillers grains (DDGs), for food and
feed use.
Syngenta originally
submitted the import approval dossier to the
Chinese authorities in March 2010. As
Agri-Pulse first reported Dec.
15, Chinese officials informed a wide variety of
seed industry officials that they had approved the
seed trait, but they had not yet provided the
official certificate.
In mid-November
2013, Agri-Pulse reported China began rejecting
shipments of U.S. grain after finding the presence
of Syngenta's Agrisure Viptera seed trait mixed in
other corn shipments. A study by the National
Grain and Feed Association (NGFA) estimated that
U.S. exporters and farmers lost up to $2.9 billion
because of the uncertain trade environment
surrounding the product's approval in China.
Litigation
against Syngenta continues to bubble up- as just
last week, we saw a TV ad for people involved in
the "corn business" to call a legal firm to find
out more about how they could join a class action
lawsuit over this issue.
Click here to read more the
Agrisure Viptera® trait and its import
acceptance by many countries around the
world. |
Peel
Says Cattle Markets Weather a Christmas Storm
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
All the ingredients
came together to cause a significant break in
feeder cattle markets in the last week of cash
market trading before the Christmas and New Year's
holiday break. The impact on cash feeder cattle
markets came after several days of sell-off in
Feeder futures. The futures market decline was the
result of liquidation of relatively large long
positions in Feeder futures markets that are
illiquid and thinly traded. The final ingredient
affecting the Feeder futures market, and
ultimately the cash feeder cattle market, was the
timing of these actions immediately prior to the
holiday break.
The fact that these
activities occurred near the holidays played a
large role in the severity of the futures market
impacts and the fact that it spilled over into
cash markets. The period between Thanksgiving and
Christmas is not a generally a period of strong
cattle market direction as meat markets are
focused on holiday demand and traders are
typically content to close out the year and start
fresh after New Year's. That said, recent weakness
in fed cattle and boxed beef prices had led to a
feeling that cash feeder cattle markets were near
the top after an incredible market run and that
Feeder futures were somewhat overbought. As a
result, when significant selling pressure hit
Feeder futures, buyers, with an end-of-year
mindset, were willing to let futures lock limit
down for several days before expanded daily limits
encouraged buying that put a floor in what was
clearly an oversold market at that point. Feeder
futures bottomed and began recovering late last
week. The bearish psychology spilled over into
cash feeder cattle markets for the last round of
auctions for the year. Cash market buyers were
either already out of the market for the holidays
or content to sit on their hands until the futures
market drama was over; leaving cash markets on a
weak tone at the end of the year.
Click here to read more about
cattle and beef market trends into
January. |
Georgia
Farmer Grows 503 Bushels an Acre to Win Corn Yield
Contest
With
this world record announcement,
DEKALB® brand is excited about
the progress and possibilities ahead for the role
of agriculture innovation in helping farmers bring
more harvest to market from each acre.
Advancements in breeding, biotechnology and
improved-farm management practices will continue
to play an important role in safely increasing the
global food supply as farmers continue to feed a
growing world population that is expected to
expand to more than 9 billion people by
2050.
"Monsanto would like to
congratulate Randy Dowdy on
setting this new world yield record for corn,"
said Dr. Robert Fraley,
Monsanto Chief Technology Officer
and 2013 World Food Prize Laureate. "This
accomplishment puts a spotlight on the important
role that farmers all around the world play in
society, and it showcases the valuable role that
agriculture advancements can play in helping
farmers achieve optimum and consistent corn
performance so they can get the most from their
land, wherever they are."
The Georgia
growing season started off with challenging
weather conditions. However, with a combination of
favorable weather during the season's second half,
strong agronomic practices and high-performing
corn, Dowdy set the record with DKC62-08 Brand,
known for exceptional top-end yield potential and
excellent agronomics, in the Irrigated category.
It is adapted to most crop rotations and a wide
range of environments, including both irrigated
and non-irrigated acres. The previous world record
was an average of 454 bushels of corn per acre in
2013. Click here to read more about
NCGA's yield contest.
|
Data
Key to Unlocking Yield Potential
Agriculture
has done a lot to improve yields with new
advancements. From global positioning systems on
tractors, to more advanced seed genetics, but
where does the industry go from here? Dave
Rhylander of Monsanto/The Climate
Corporation said the next big improvement
in crop yields will come from data.
"I
think the unique opportunity we have in the
future, is how we take all this data that farmers
are creating and companies are developing and put
it together, because I think that unlocks the
future yield potential," Rhylander
said.
New corn varieties
have the potential to produce 500 bushels per
acre, but it seems few have been able to hit that
milestone. Rhylander said it's because we don't
understand interactions of all these variables. If
we can start understanding the yield impact of all
the different variables, then he believes it would
be possible to develop better recommendations to
help farmers optimize their yields.
The process begins with capturing data
from planting, to harvest, along with soil
nutrient testing and capturing weather data.
Rhylander said if we can start layering that
information together and utilize statistical
models, then he believes their company will be
able develop better insights for farmers in how
they improve the productivity on their farm.
I interviewed Rhylander at the
National Association of Farm Broadcasting
Convention. Click here to listen to our
conversation as he discusses how the process
starts and addresses privacy issues.
|
Growth
Energy Responds to University of Minnesota Ethanol
Study
Following
the recent report released by the
University of Minnesota, "Life
Cycle Air Quality Impacts Of Conventional And
Alternative Light-Duty Transportation In the
United States," which contains significant flaws
in regards to their analysis of ethanol,
Tom Buis, CEO of Growth
Energy, released the following
statement:
"Clearly this study was
published with an agenda and without regard to the
facts. It is misleading, inaccurate and runs
counter to a large body of expert research.
"This report also fails to account for
the numerous environmental benefits ethanol
provides. According to Argonne National
Laboratory, ethanol reduces greenhouse
gas (GHG) emissions by an average of 34 percent
compared to gasoline, even when the highly
controversial and disputed theory on Indirect Land
Use Change (ILUC) is factored into the modeling.
However, the study by the University of Minnesota
specifically excludes ILUC impacts, and Argonne
has found that without ILUC included, ethanol
reduces GHG emissions by 57 percent compared to
gasoline.
Click here to read more from
Growth Energy as to why this latest study from the
University of Minnesota is
flawed. |
National
Corn Growers Have New Executive Veep- Jon Doggett
The
National Corn Growers Association announced this
past week the promotion of Jon
Doggett to Executive Vice President,
effective January 1.
In his new role,
Doggett will lead efforts to expand NCGA's
alliances and strategic partnerships, and elevate
its national profile. Doggett will continue to
manage the organization's 10-person Washington, DC
office and lead its public policy efforts. Doggett
is considered one of the top ag lobbyists inside
the DC Beltway- and has been a player in farm
policy development over the last several farm
bills- both with NCGA as well as a staffer with
American Farm Bureau.
"Now, more than
ever, corn farmers need to be expanding our reach
to strengthen our alliances beyond the Beltway,"
said NCGA CEO Chris Novak. "Jon
Doggett is one of Washington's smartest political
minds, and has a track record of building solid
political alliances in Washington. With the issues
facing corn farmers today, Jon is the perfect
person to lead efforts to grow our strategic
alliances and tell the story of America's corn
farmers to a wider audience."
Read
more by clicking here.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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Farm Bureau is Proud to be the Presenting Sponsor
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