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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 $6.23 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,
May 19,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Final
Appeal on COOL Goes Against the US- Congress Must
Address or the US Faces
Retaliation
The
World Trade Organization (WTO)
has once again ruled a U.S.
country-of-origin labeling (COOL) rule
for meat non-compliant with international trade
obligations, setting in motion the potential for
billions in economic retaliation by Canada and
Mexico. Widely expected, the ruling (which is available in full
here) came down clearly in favor of Canada and
Mexico. Here's a sampling of the
reaction:
"The
World Trade Organization dispute panel has ruled
that U.S. Country of Origin Labeling (COOL)
regulations for meats are not in compliance with
previous WTO decisions. That means we need further
effort to craft an acceptable COOL program," said
American Farm Bureau Federation President
Bob Stallman. Click here to read
more from AFBF.
"Now
that the WTO has ruled for a fourth time that this
rule discriminates against Canadian and Mexican
livestock, the next step is retaliation by Canada
and Mexico. It is long past time that Congress
repeal this broken regulation," said
National Cattlemen's Beef Association
President and Chugwater, Wyoming cattleman, Philip
Ellis. Click here to read
more from NCBA.
"Unless Congress acts
now, Canada and Mexico will put tariffs on dozens
of U.S. products," said National Pork
Producers Council President Ron Prestage,
a veterinarian and pork producer from Camden, S.C.
"That's a death sentence for U.S. jobs and
exports. Click here to read
more from NPPC.
"With
the World Trade Organization's final ruling on
U.S. Country of Origin Labeling (COOL) for muscle
cuts of beef and pork today, the National Council
of Farmer Cooperatives calls on Congress to take
swift action to repeal the COOL provisions found
to violate our international trade obligations,"
said National Council of Farmer
Cooperatives President Chuck
Conner. Click here to read
more from NCFC.
US House Ag
Committee Chairman Mike Conaway
is on the fast track to repeal
COOL- he holds a News Conference later today
with other lawmakers and industry groups to make
that case- and has a Business Meeting for the full
Committee planned for tomorrow which will consider
HR 2393- called a Legislative response to the WTO
Decision.
Conaway's
ranking minority member Collin
Peterson agrees that something must be
done- but Peterson offered a
statement yesterday that called for change but
no repeal.
And
there are groups who want Congress to
tinker around the edges and fix the current law-
but not get rid of it.
United States
Cattlemen's Association Director Emeritus
Leo McDonnell was quoted in a
news release from the group as saying "COOL
provides consumers a choice at the grocery stores
and the ability for U.S. cattle producers to
differentiate their product. As other countries
move to implement country or origin labeling
programs, we are disappointed that today's ruling
by the WTO contradicts this growing
trend." Click here to read
more from the USCA.
And finally- there is
amazement- from R-Calf CEO Bill
Bullard. "It is amazing that the
WTO is accusing COOL of impeding live cattle
imports when such imports from Canada and Mexico
under the COOL rule hit a 7-year high in 2014 and
when imported Canadian and Mexican cattle are
commanding historically high
prices." Click here to read
more from R-CALF USA.
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Sponsor
Spotlight
The
presenting sponsor of our daily email is the
Oklahoma Farm Bureau - a
grassroots organization that has for its 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
are 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
are proud to have KIS Futures as
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma farmers & ranchers
with futures & options hedging services in the
livestock and grain markets- click
here for the free market quote
page they provide us for our website or call them
at 1-800-256-2555- and their iPhone App, which
provides all electronic futures quotes is
available at the App Store- click
here for the KIS Futures App for
your
iPhone. |
Corn
Planting Nationally Down to the Short Rows While
Rains Boost Southern Plains Wheat
Crop
Corn
and soybean planting progress nationally built on
the tremendous progress reported a week ago. The
latest U.S. Department of
Agriculture crop progress report has corn
planting 85 percent complete nationally. That's a
gain of ten points over last week and also ten
points ahead of the five-year average. USDA
reported 56 percent of the crop has emerged in the
top 18 states that plant 92 percent of the
nation's corn acres. Emergence was 24 points ahead
of last year and 16 points higher than the five
year average. Soybean planting has reached 45
percent. That's a gain of 14 points over last week
and was nine points ahead of average. For the
complete USDA Crop Progress report, click here.
The Oklahoma wheat
and canola crop showed improvement as drought
conditions decreased across the state. In the
weekly crop progress report from USDA, the wheat
crop condition rated 39 percent good to excellent
condition, 41 percent fair and 20 percent poor to
very poor. The crop gained one point in the good
to excellent category and two points in the fair
category. Winter wheat headed reached 99 percent
complete, six points above normal. The canola crop
rated 62 percent good to fair. That's up two
points from last week. Row crop seeding was
delayed in areas of Central Oklahoma and the
Southeast district due to wet conditions. Eighty
percent of corn was seeded by Sunday, down five
points from normal. Click here for the
full Oklahoma report.
Planting of row
crops across Texas experienced
delays due to rainfall this past week. Moisture
measured from trace amounts to upwards of ten
inches. The latest USDA report downgraded the
wheat crop by one point in the good to excellent
rating with 56 percent of the crop in good to
excellent condition, 30 percent in fair and 14
percent in poor to very poor condition. The wheat
crop was 96 percent headed. Corn planting gained
four points with 75 percent of the crop planted
and 73 percent emerged. Sorghum was 71 percent
planted, soybeans were 61 percent, cotton was 19
percent done and peanuts were 17 percent planted.
Click here for the
full Texas report.
The
Kansas wheat crop showed
improvement after precipitation was received
across the state in recent weeks. The state's
winter wheat crop rated 29 percent good to
excellent, 41 percent fair and 30 percent poor to
very poor condition. The crop gained two points in
the good to excellent ranking. Corn planting was
at 78 percent complete with 53 percent of the crop
emerged. Planting remains behind last year's 84
and the five-year average of 82. Soybean planting
was at 17 percent complete, cotton planting was
seven percent and sorghum was at six percent. Click here for the
Kansas report.
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Cut
Down on Food Waste- and Help Feed the World-
Former Ag Secretary Dan Glickman at
REBELation
Dealing
with food waste- both in the US as well as on a
global basis- was the focus of comments made by
former Secretary of Agriculture Dan
Glickman at the 2015 Alltech REBELation
Conference being held this week in Lexington, Ky.
Three thousand participants have converged on what
some call the horse capitol of the world to hear
cutting edge ideas in the world of animal
nutrition, human nutrition, the digital world as
it relates to business and even in the arena of
brewing craft beer.
Glickman
told the audience that while there is a tremendous
amount of food waste in third world countries-
about sixty percent of the total food waste occurs
in Europe and the United States. A lof of the food
wasted in the US is tossed out because of the
"Sell by date" that is on packaging of a wide
variety products- including fresh fruits and
vegetables. In many cases, the former Ag Secretary
says the reason for that date is for cosmetic
reasons- and it is not that there is a safety
issue on the dated food
products.
One way to
address this problem, according to Glickman, is to
educate the public and food companies about "Good
Samaritan" laws that are found at both the federal
level as well as in many states. These laws allow
a company or even individual producer to donate
products to food banks or other similar
operations- and be protected from liability
regarding food safety. These laws, in many cases,
have been on the books for a number of years- but
most people and organizations are unaware of them.
Glickman contends that educating people about this
protection could open up a lot of food aid and
lower the waste levels in the US.
We
talked after his presentation with the former
Secretary and Congressman who we have known since
his days in the 1970s as a junior member of the
House Ag Committee- and you can hear our
conversation by clicking here- we talk about
food waste as well as the Walmart influence on
food purchases and consumer attitudes in this
country.
|
Peel
Analyzes How Avian Influenza Impacting Livestock
and Meat Markets
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
The Avian Influenza
outbreak continues to grow and leads to more
questions about the impact on livestock and meat
markets. USDA-APHIS (Animal and Plant Health
Inspection Service) reports that the current toll
is nearly 34 million birds depopulated. The
majority of these are laying hens, followed by
turkeys with relatively few broilers at this time.
As a result, the biggest and most immediate impact
for consumers is in egg markets, especially in the
north central part of the country. The reduced
supply of table eggs as well as breaking eggs used
in food service will impact consumers directly and
indirectly.
The direct impact of Avian
Influenza on poultry meat supply is minimal and
likely to remain that way. The current
depopulation total of 33.8 million birds is 0.38
percent of the 2014 poultry slaughter total of 8.9
billion birds. As bad as it is, it is very
unlikely that enough birds will be slaughtered to
impact domestic poultry production significantly.
Even for turkeys, which only represent 2.7 percent
of total poultry slaughter, the current turkey
depopulation represents less than 3 percent of
2014 U.S. turkey slaughter. Both broiler and
turkey production are still expected to surpass
year ago totals unless the outbreak expands
significantly.
Click here to read
more about how the direct loss of birds will
impact total poultry production and broiler
exports.
|
New
Video Campaign Points to Promising Global
Solutions Through Healthy
Soil
A
new video aims to build newfound respect and
admiration for soil. The U.S. Department
of Agriculture's Natural Resources Conservation
Service (NRCS) Monday released a new,
90-second public service announcement that
encapsulates "The hope in healthy soil." The video
shows how healthy soil could provide solutions to
some of our planet's biggest
challenges.
According to Ron
Nichols, the campaign's communications
coordinator, the benefits of soil health are
numerous, both on and off the farm.
"By
farming using soil health principles and practices
like no-till, cover cropping and diverse
rotations, farmers are actually increasing organic
matter in their soil, increasing microbial
activity, sequestering more carbon, improving
wildlife and pollinator habitat-all while
harvesting better profits and often better
yields," Nichols said. "Off the farm, these
practices are improving water and air quality,
too."
Click here to read
more and to watch this video that aims to build
awareness for the benefits of soil
health.
|
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.
|
Jay
Truitt Says It's Time to Put the "Death Tax" in
the Ground
Congress
has made some progress on addressing "death tax".
The U.S. House of Representatives
voted in favor of repeal of the nation's estate
tax. Its fate is a lot more uncertain in the
U.S. Senate. If it does get sent
to President Barack Obama as a
standalone measure, it will certainly be vetoed.
A decade ago, the nation's estate tax
was repealed for a short while. At the time,
Jay Truitt was the head lobbyist
for the National Cattlemen's Beef Association
(NCBA). He said repeal of the death tax was part
of a bigger package.
"In that
environment, I think you can do it and you can
make it stick," Truitt said. "The problem was we
put a sunset clause on that, believing we would
extend that entire package and we didn't. That was
a failure on all of our parts."
Truitt
said the best chance of getting total repeal is
having the bill in the middle of a bigger package.
As a standalone measure, he said it's really tough
to get full and final repeal. Click here to read or
to listen to this Beef Buzz feature.
|
Stocker
Cattle 101 for Small Producers Being Offered
Friday by Noble
Foundation
The
Samuel Roberts Noble Foundation will host a Basic
AG Livestock Management Field Day from 9 a.m. to
12 p.m., Friday, May 22, at the Noble Foundation
McMillan Road Farm.
This
field day will focus on stocker cattle enterprise
options for small-scale producers and the
strategic planning process of the Noble
Foundation's McMillan Road
Farm.
"The success of any
livestock enterprise is dependent on forage
production, which is rooted in healthy soil," said
Clay Wright, livestock
consultant. "Many times, a producer reverses the
pyramid of livestock production and puts the
emphasis solely on the animal. This seminar will
provide producers the basic information on how
these resources interact."
To
learn more- click here.
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Our thanks
to Midwest Farms Shows,
P & K Equipment, American Farmers &
Ranchers,
CROPLAN by
Winfield, KIS Futures, Stillwater Milling Company, Pioneer Cellular, National Livestock Credit
Corporation and Oklahoma Cattlemen's Association
for their support of our
daily Farm News Update. For your convenience, we
have our sponsors' websites linked here- just
click on their name to jump to their website-
check their sites out and let these folks know you
appreciate the support of this daily email, as
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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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