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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
$6.62 per bushel- based on delivery to the Apache
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, June 26,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Facts
Are Stubborn Things- Pat Roberts Says Retaliation
is Coming- COOL Must Be
Repealed
U.S.
Senator Pat Roberts, R-Kan., Chairman of
the Senate Committee on Agriculture, Nutrition and
Forestry, chaired a hearing Thursday morning on
Country of Origin Labeling (COOL) and trade
retaliation: what is at stake for America's
farmers, ranchers, businesses and
consumers.
"If you take anything away
from my remarks today, I hope it is this: facts
are stubborn things, and whether you support COOL
or oppose COOL, the fact is retaliation is coming.
And this committee has to fix it," Chairman
Roberts said.
"Products including beef,
pork, cherries, ethanol, wine, orange juice,
jewelry, mattresses, furniture and parts for
heating appliances are just some of the targets of
Canadian retaliation. Mexico has yet to finalize
their list, but we expect it to be just as
damaging. The U.S. economy cannot tolerate such
economic injury.
"I want to emphasize
that I understand completely the concerns of some
members of this committee. I have encouraged
alternatives to be brought forth. But as Chairman
of this Committee I must emphasize to my
colleagues and all of agriculture that retaliation
is fast approaching and the responsibility sits
squarely on our shoulders to avoid
it."
The ranking minority member of the
Committee, Senator Debbie
Stabenow of Michigan agreed with the
Chairman that " inaction from the Senate is not an
option." However, Stabenow would prefer to "fix"
COOL rather than repeal it.
Click
here to listen to Senator Pat
Roberts with his opening statement at COOL Hearing
on Thursday, June 25th.
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|
U.S.
Senate Ag Committee Hears From Both Sides on
Country-of-Origin Labeling
The
U.S. Senate Agriculture Committee
held a hearing Thursday on Country-of-Origin
Labeling (COOL) and Trade Retaliation in
addressing what's at stake for America's farmers,
ranchers, businesses and consumers.
Representatives from United States
Cattlemen's Association (USCA), the
North American Meat Institute,
Iowa Farm Bureau Federation,
Kansas Livestock Association,
New York Wine & Grape
Foundation and Archer Daniels
Midland Company comprised the panel of
witnesses convened to assess the current state of
country of origin labeling (COOL) following the
recent WTO decision and House action.
Iowa
Farm Bureau President and American Farm Bureau
Federation Board Member, Craig
Hill said with the latest WTO
ruling, the writing on the proverbial wall is
clear. "We urge the Senate to act quickly to
repeal the COOL requirements for beef, pork and
chicken and prevent Canada and Mexico from taking
retaliatory actions that will impact farmers and
ranchers all across the nation," Hill said.
To listen to Craig Hill's testimony
before the U.S. Senate, click or tap
here.
USCA
Director Emeritus Leo
McDonnell's testimony represented
cattle producers from across the country.
His statements were the sole testimony
provided at the hearing supporting COOL.
"Since the late 1980's ranchers have been told
that they need to be prepared to compete in the
growing global marketplace," he said. "Without
question, being able to differentiate our product
is fundamental to competing on a global scale.
COOL provides a mechanism by which to do just
that."
McDonnell's complete
opening statement can be heard by clicking
here. |
Ag Leaders
Defend Renewable Fuel Standard at Kansas City EPA
Hearing
The
top leadership of the National Corn
Growers Association, American
Farm Bureau as well as several other
groups were well represented at Thursday's field
hearing regarding the U.S. Environmental
Protection Agency's proposal to reduce
the volume of ethanol in the Renewable
Fuel Standard.
NCGA
President Chip Bowling of
Maryland and Chairman Martin
Barbre joined scores of farmers and
others on-hand in Kansas City, Kan., to speak of
the importance of domestic, renewable fuels to the
nation. The EPA's proposal would cut nearly 4
billion gallons of ethanol from the RFS through
2016, representing nearly a billion and a half
bushels in lost corn demand.
"We simply
cannot afford - and will not tolerate - efforts to
cut the demand for corn, and that's exactly what
your proposal will do," Bowling told the EPA. "We
cannot let this stand. We've done our part, and
our allies in the ethanol industry have done their
part. It's time the EPA sided with those of us
supporting a domestic, renewable fuel that's
better for the environment." Click here to read
more from NCGA.
Farm
Bureau called on EPA to rethink its rule to reduce
renewable fuels in the nation's gasoline supply.
Nebraska Farm Bureau President and AFBF Board
Member Steve Nelson, Iowa Farm
Bureau's Charlie Norris and
Illinois Farm Bureau's Wayne
Anderson called the rule groundless and
harmful.
"EPA's decision not to follow
the intent of Congress when it developed the RFS
in 2007 is highly disappointing to all of
agriculture," Nelson, a corn and soybean farmer,
said. "This proposal is a step in the wrong
direction and ignores the benefits ethanol and
biofuels have provided Nebraska's rural economy
and the nation as a whole."
Click here to read
more from American Farm Bureau.
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With
Congress Passing TPA, Attention Moves to
Finalizing Trans Pacific
Partnership
Giving
the President Trade Promotion
Authority is one step closer to reality.
The Senate passed the legislation Wednesday with a
vote of 60 to 38. Earlier this month, TPA was
passed by the House. TPA will allow the White
House to send trade deals to Congress for
up-or-down votes. National Cattlemen's
Beef Association Vice President of Government
Affairs Colin Woodall said this is great
news for American beef producers.
"It's huge for us, because we know
that in order to make sure that we maintain what
we got as an industry and to grow our industry,
it's going to require more consumers around the
world eating our product," Woodall said. "And the
only way we get that done is with trade
agreements. So TPA ensures that the United States
has the opportunity to go to the table and be a
part of crafting these deals that will us the
access."
With passage of TPA by the
House and Senate, the legislation now moves to the
President's desk. TPA will give President Obama
and the next President the ability to finalize
pending trade agreements. In signing TPA into law,
this will help efforts move ahead with the Trans
Pacific Partnership. This is a trade agreement
between the U.S. and countries in the Asia Pacific
region. Woodall said the biggest win for the beef
industry will be reducing trade barriers with
Japan. Recently, Japan was the largest export
market for U.S. beef in totaling $1.6 billion with
a 38.5 percent tariff. The TPP negotiations will
significantly reduce the tariff, possibly below
ten percent and Woodall said that will keep more
money in the pockets of
producers.
I featured
Woodall on our latest Beef Buzz, as heard on
great radio stations across the southern great
plains. Click or tap
here to listen to this
feature.
|
Anderson
Urges Farmers to Capture Gains in Wheat Prices
Right Now
Wheat
prices got a bounce this week. On this weekend's
edition of SUNUP, Oklahoma State
University Grain Marketing Specialist
Dr. Kim Anderson said the bump in
the price came from the funds buying wheat
contracts.
"Over the last couple
months, at one time they were short 111 - thousand
contracts, they're probably short 30 to 40
thousand now," Anderson said. "They've been buying
to get out those short positions. You buy the
market, price goes up. I think the funds are
what's driving prices now."
Anderson
said the funds are buying contracts, because they
have concluded wheat prices are moving sideways to
slightly higher, so they wanting to get out of
their short positions and get whatever profit they
can get.
Traders are also
watching how El Nino will effect wheat production
globally. Anderson said Argentina has been dry
during the planting season, so acres look to be
lower. If El Nino holds, Australia looks to have
lower wheat production and exports next year.
China has had too much rain, which is resulting in
poor quality wheat. He said China looks to import
twice as much wheat this year. If El Nino holds,
then the monsoon rains will be weak and that will
lower wheat production in India. It has also been
dry in major wheat production countries like
Russia, Ukraine and Kazakhstan. Anderson said all
of those factors are driving forces for wheat
prices.
Click here to read or
listen to Dave Deken's interview with Kim Anderson
about the price outlook. You can also
find a complete rundown of this weekend's
SUNUP program to be seen on
OETA. |
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.
|
Ag
Retailers Find IARC Pesticide Findings Create
Confusion, Fear Among
Consumers
The
International Agency for Research on
Cancer (IARC) issued its second report
this year labeling a safe and effective pesticide
as a "possible carcinogen (2B)." In March, IARC
applied a "probable carcinogen" (2A) designation
to glyphosate. This week IARC applied the
"possible carcinogen" (2B) label to another
popular herbicide, 2,4-D, and is scrutinizing
several others.
That's concerning for
Agricultural Retailers
Association President and CEO
Daren Coppock. He said IARC, an
agency within the United Nations World Health
Organization, conducts initial reviews of
compounds to help prioritize cancer analysis. The
agency evaluates the potential for carcinogenic
hazard of compounds, not whether the compound is a
carcinogen, but whether it has the potential to be
and should be studied further.
"So,
when they come out and identify glyphosate as a
probable carcinogen or 2,4-D as a possible
carcinogen, all that means is that somebody should
take some more look at it, do some cancer screens
to find out yes or no, but unfortunately people
jump to conclusions, grab that headline and off
they go," Coppock said.
I
interviewed Coppock this week in Washington D.C.
Click or tap here to
listen to the full interview.
|
This
N That- Plains Grains Calls Harvest 71% Done in
Oklahoma, In The Field with Ron Sholar, Talking
Wild Hogs and a Correction/Update
Plains
Grains releases a weekly wheat harvest update for
the hard red winter wheat belt each Thursday
evening- and this week's report shows that we are
now up to 71% of the Oklahoma Wheat harvest now
complete, Texas at 74% and Kansas up and rolling
with 22% of the expected crop now cut.
Mark
Hodges says they are now starting to get
test results from the lab on the 2015 wheat crop-
and the early results are showing an average test
weight of 58 pounds per bushel.
Read
more from their report on the quality indicators
from the 2015 crop by clicking
here.
**********
This
Saturday morning- we are looking forward to having
Dr. Ron Sholar as our guest for
the KWTV News9 weekly interview that we call In
the Field. Ron and I will be talking about the
2015 winter canola harvest and also hope to get a
quick update on peanut planting and how the crop
is looking thus far.
Dr.
Sholar wears several hats- two associated with the
canola industry and one hat that put on this
spring linking him back to the Oklahoma peanut
business.
He
is currently the top hired hand for Great Plains
Canola, the Oklahoma Oilseed Commission and the
Oklahoma Peanut Commission.
Join
us about 6:40 am tomorrow morning during the
Morning News Block on KWTV, News9 in the Oklahoma
City market. If you miss it- it will be on their
website as an audio feature later in the morning-
and we will have it on our website-
OkahomaFarmReport as well.
**********
The
Oklahoma Board of Agriculture is hosting a
Feral Swine Forum this coming
Tuesday, June 30th at the OKC Langston
University Auditorium- located at 4205 N. Lincoln
Blvd in Oklahoma City. Start time for the
event is 1:00 PM.
Feral
Swine- or Wild Hogs if you please- are a growing
problem in Oklahoma- and these ornery critters can
cause thousands of dollars of damage to crop or
pasture land.
Details
about the program are available here. If you
have questions- you can call Kandi Batts at
405-522-5488.
**********
We
had some errors in the story yesterday featuring a
conversation we had with Oklahoma Senator
James Lankford- those have been
fixed and we have also added his reaction to the
Supreme Court Decision upholding Obamacare as the
Administration has rolled it out- the Senator not
pleased with the disregard for the rule of law by
the highest court of the land. Click here for that
corrected story featuring Senator Lankford
that covers a lot of ground- from RFS to COOL to
Obamacare and his transition from the House to the
Senate.
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