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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 $6.27 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
Friday,
May 8,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
The
2015 Oklahoma State Legislature has approved the
ballot initiative HJR 1012, the so called 'Right
to Farm' proposal. State Representative
Scott Biggs and State Senator
Jason Smalley authored the
legislation- which now has a new number to be
known as- State Question 777.
We
talked on Thursday with Representative Biggs about
the genesis of State Question 777 and what is
ahead as ag groups plan the Yes Campaign for Right
to Farm. To read more AND to listen to our
full conversation with him- click or tap here- plus we invite
you to tune in on KWTV News9 on Saturday morning
as the lawmaker from Chickasha is our guest on
In the Field- that's seen around
6:40 AM.
Similar "Right to Farm" bills have
been passed in North Dakota and Missouri. Biggs
said the proposed constitutional amendment for
Oklahoma offer two aspects that the other two
bills do not have. He said it has a safe guard so
if a law needs to be passed and if there is a
compelling state interest, lawmakers have that
option. Secondly, the bill grand fathered a lot of
existing statutes from December 31, 2014 and
prior. Biggs said the grandfathering clause puts
all those in place, so we can begin to move
forward in protecting agriculture.
Meetings
have been held this week by Ag groups as the plan
to promote a "Yes" vote is being
developed. Biggs confirmed that Protect the
Harvest has been involved in the meetings held
since passage- and will have a presence in the
organization of the Yes Campaign in the months
ahead.
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Sponsor
Spotlight
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are delighted to have as a partner in helping
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been around since 1932- and they have worked with
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independently. To learn more about how these folks
can help you succeed in the cattle business,
click here for their
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We
are happy to have the Oklahoma Cattlemen's
Association as a part of our great lineup
of email sponsors. They do a tremendous job of
representing cattle producers at the state capitol
as well as in our nation's capitol. They seek to
educate OCA members on the latest production
techniques for maximum profitability and to
communicate with the public on issues of
importance to the beef industry. Click here for their
website to learn more about the OCA.
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Last
Day to Submit Comments on Proposed Dietary
Guidelines
Cattlemen
have JUST TODAY left to submit
comments on the nation's proposed dietary
guidelines. Public comments can be submitted
through TODAY in the Federal
Register. The Dietary Guidelines
Advisory Committee released their scientific
report, which serves as a recommendation to the
Secretaries of Health and Human
Services (HHS) and the U.S.
Department of Agriculture (USDA) in their
development of the final 2015 Dietary Guidelines
for Americans.
The Texas
Cattle Feeders Association (TCFA) emailed
members on Thursday urging them to comment on the
proposal and urge the Secretaries of HHS and USDA
to reject the unsound dietary guidelines. TCFA
told members to submit comments to reject this
flawed report and to put lean meats back into the
recommendation of an overall healthy dietary
pattern, as it currently exists in the 2010
Dietary Guidelines.
"At a minimum, this
report is inconsistent, and if adopted will lead
to conflicting dietary advice that could be
detrimental to the health of our nation and our
industry," TCFA stated.
Click here to view the Dietary
Guidelines Advisory Committee's full report, the
talking points and drafted comments from TCFA and
where to submit comments.
The
Oklahoma Cattlemen's Association
has also been hitting their members with email
blasts- reminding them that little time is left to
submit a comment to the Secretaries regarding the
Dietary Guidelines.
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Cattle
Producers Getting Green Light for Herd Expansion
It's a
great time to be in the cattle business and two
different studies have confirmed that. Several
land grant university livestock market economists
have collaborated with the Livestock
Marketing Information Center (LMIC) in
looking at the rate of return on investment for
cattle producers. This number indicates just how
healthy the economic environment is for cow-calf
producers. Kansas State
University Agricultural Economist
Glynn Tonsor has found right now
it's a great time to be a cow-calf producer
because of the strong return on
investment.
The U.S. Department
of Agriculture's Economic Research
Service (ERS) also studies the
profitability of cow-calf producers. As of May
first, ERS released their latest numbers. In 2014,
ERS estimated the total value of production minus
operating costs to be $391 per cow. That's up from
$108 return per cow in 2013. Tonsor said USDA has
confirmed returns have increased almost $300 per
cow over variable costs from 2013 to 2014.
In looking specifically at the
"Prairie Gateway", which encompasses Kansas,
Oklahoma and Texas, producers have received even
higher margins. Tonsor said USDA estimates the
value of production over operating costs of $437
per cow. That's up from $155 in
2013.
Click here to read more or to
listen to this Beef Buzz feature as Tonsor
discusses the strong returns for the "Prairie
Gateway"
region. |
Anderson
Provides Grim Outlook for Canola and Wheat
Prices
Canola
prices are much lower than a year ago. This time
last year, canola prices were around $8.50 a
bushel. Oklahoma State University
Grain Marketing Specialist Dr. Kim
Anderson said the forward contract price
for harvest delivery looks to range from $5.90 to
$6.30 a bushel.
"Canola prices have
fallen mostly because you've got lower soybean
prices, soybean meal prices and soy oil prices,"
Anderson said. "That's market determines our
canola price."
On this weekend's
edition of SUNUP, Anderson also address the
outlook for wheat production and prices. The
Oklahoma Grain and Feed Association held their
35th annual wheat tour in measuring yield
potential of wheat fields. After surveying fields
throughout the state, the association has
predicted Oklahoma farmers will produce 108.8
million bushels of wheat this year. Their annual
tour estimated yields at 27.7 bushels per acre and
3.9 million harvested acres. Anderson said that
was much higher than what he was forecasting a few
weeks ago. The five year average for harvested
aces in the state is 3.5 million acres with an
average yield of 27.4 bushels per acre with
production at around 100 million bushels of
wheat.
As Oklahoma farmers go into
harvest, they will be competing with
a lot of wheat from around the world. Anderson
said world wheat production estimates are coming
in at around 26 billion bushels. That's an above
average crop. Anderson said if that comes to
fruition that will keep wheat prices relatively
low. With below average prices, he said farmers
will want to switch up their marketing plan by
selling less at that low price. He recommends
farmers sell a fourth or a fifth harvest, then
sell the remainder in three-eighth lots or equal
lots in the September/October and
November/December time frame.
We've
got Dave Deken and Kim's full interview for you to
hear- and a complete rundown of this weekend's
SUNUP program to be seen on OETA click or tap
here. |
Farm
Bureau's Mary Kay Thatcher Provides the Good, Bad,
and the Impossible for
Congress
Getting
Trade Promotion Authority passed
is taking time and work, but progress is being
made. American Farm Bureau
Federation Senior Director of Congressional
Relations Mary Kay Thatcher said
she thinks Congress is getting closer to getting
TPA passed.
"I think in the end, we
are going to prevail on this, Thatcher said. "It's
one of so few issues that the President and House
and Senate leadership agree upon."
Congress is also making progress with
the Trans-Pacific Partnership
(TPP). Thatcher said she has heard Darci
Vetter, Chief Agricultural Negotiator for
the U.S. Trade Representative Office, speak
several times on the agriculture provisions of
TPP. Recently the Japanese Prime Minister was in
Washington D.C. and Thatcher said it was
reassuring to hear him state that they need to
reform their agricultural provisions.
Another Farm Bureau top priority for
2015 is tax reform. Thatcher isn't as confident
that tax reform will be addressed this year. The
Senate has held several work groups lead by
members of the Senate Finance Committee. She
thinks they have come to the conclusion that we
will have to "kick that can down the
road".
"When you think about taxes,
when you think of the major things like
immigration reform, lots of things we would like
to get accomplished, but it's getting down to the
wire already and it's only May," she said.
With a Presidential election in 2016,
campaigning has already started. Click here to read or have the
opportunity to listen to my interview with
Thatcher at Animal Agriculture Alliance
Stakeholders Summit in Kansas City.
|
Want to
Have the Latest Energy News Delivered to Your
Inbox Daily?
Award
winning broadcast journalist Jerry
Bohnen has spent years learning and
understanding how to cover the energy business
here in the southern plains- Click here to subscribe to his
daily update of top Energy
News.
|
GM
Crops Help Ensure Global Food Security Through
Higher Crop Yields
Farmers
around the world who use seeds improved with
biotechnology continue to benefit economically
while improving the environmental sustainability
of their farming operations according to an
updated global impacts study.
The
economic benefits for farmers who use genetically
modified (GM) seeds amounted to an average of more
than $122/hectare in 2013, according to the report
"GM Crops: Global Socio-Economic and
Environmental Impacts 1996-2013" released
by PG Economics.
"In
2013, the 18th year of widespread adoption of
crops using biotechnology innovations, the
technology has continued to provide more
productive agriculture, higher incomes to farmers
and a better environment for citizens. A majority
of these benefits continue to go to farmers and
rural communities in developing countries," said
Graham Brookes, director of PG Economics,
co-author of the report.
Matt
O'Mara, acting executive vice president
for food and agriculture for the
Biotechnology Industry
Organization (BIO), stated the report's
findings regarding biotechnology's contributions
to the environment are especially
significant.
This
report quantifies the impact of agricultural
biotechnology on the environment and on farmer
incomes. Click here to read more,
including the full report.
|
This
N That- Lahoma is ON, Golf is Postponed; Drought
Flees the State and Lake Altus Rises!
The
area around the OSU Research Station just outside
Lahoma has not received the huge amounts of rain
that places like Minco has been swimming in- so
while it will be muddy- the show must go on- and
the word from OSU is that the Lahoma Wheat
Field Day is ON- with one precaution- be
careful and only park where they say you can- the
ground is very soft.
Registration
takes place in the 8 AM hour and the tours start
at 9:00 AM.
**********
The
Oklahoma Farm Bureau's YF&R Golf Tournament
planned for today in Enid has been moved to July
9th- with a likely morning start time- details to
come.
**********
Remarkable
is a word for how quickly we are seeing the worst
of the drought conditions get pushed out of the
state of Oklahoma. The latest Drought Monitor was released
Thursday morning, reflecting rainfall through
Tuesday morning of this week- and it now shows
that 17.94 percent of the state is the two worst
drought categories- extreme to exceptional
drought. That's a reduction of more than TWENTY
percentage points from the first week of April
when we had 39.72 percent in the D3-D4 ratings.
Gary McManus, the
Oklahoma State Climatologist, writes in his latest
Mesonet Ticker "Now remember, that's using
rainfall up through Tuesday morning, so the
torrents of the last couple of days won't count
until next week. I think it's obvious we'll see a
lot of drought disappear from central Oklahoma."
And that is before the rains that are
on the horizon show up for today, tomorrow and
Sunday. The highest probabilities for more storms
are for today and Saturday, based on this
morning's forecast. PLUS- we have more rain
in the forecast for middle of next week and next
weekend.- Here's the latest nine day forecast:
**********
One
more note this Friday morning- One of the impacts
of the rains in April and now May- the rising
water levels in Lake Altus
Lugert. The low level mark in late
March was just below ten percent of the Lake's
capacity. As of early Friday morning- the
water level in the Conservation pool for Altus
Lugert had risen to past the one fourth full mark
at 25.72 percent. Other major
lakes in central and western Oklahoma are also
rising as well.
I'm
thinking that it has been a while since Lugert has
had that much water in it- maybe we can catch up
with Tom Buchanan and pin down
how long it actually has
been.
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& K Equipment, American Farmers &
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