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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:
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:
Canola
Prices:
Cash
price for canola was $4.96 per bushel- based on
delivery to the Hillsdale 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:
Feeder
Cattle Recap:
Slaughter
Cattle Recap:
TCFA
Feedlot Recap:
Our Oklahoma Farm Report
Team!!!!
Ron Hays, Senior Editor and
Writer
Pam Arterburn, Calendar and
Template Manager
Dave Lanning, Markets and
Production
Leslie Smith, Editor and
Contributor
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Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Thursday, October 1,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Final
Oklahoma Wheat Crop Number for 2015- 98.8 Million
Bushels- Missed a 100 Million by "That Much"
USDA
reports that the final Oklahoma wheat crop number
for 2015 is a little larger than predicted back in
July- while Uncle Sam trimmed the Kansas and Texas
numbers. In the Small Grain Summary
released by USDA on Wednesday morning- they now
are reporting that Oklahoma wheat
producers rolled the combine across 3.8 million
acres- had an average yield of 26 bushels per acre
and harvested 98.8 million
bushels- more than double the size of the
2014 harvest that was just 47.6 million bushels.
The Oklahoma yield is nine bushels an acre higher
than the 17 bushels an acre of last year- but is
lower than the 31 bushels an acre from the 2013
crop year. The Kansas crop
is now predicted to be 321.9 million
bushels- trimmed back from the 334.4
million bushels estimated in July- and is well
above the 246.4 million bushels of
2014. Texas turns out to
be the second largest winter wheat crop state this
year- with 106.5 million bushels
produced- well above the 67 to 68 million bushels
raised in both 2013 and 2014. The
complete small grains summary released by USDA-
including all these wheat crop numbers- is available here.
Now- on to the Quarterly Grain Stocks
Report: U.S. corn, soybean and wheat stocks are
much higher than last year, but the latest grain
stocks report came in close to trade
expectations. Market Analyst Tom
Leffler of Leffler Commodities said the
old crop corn stocks in all positions on September
1, 2015 totaled 1.73 billion bushels, up 41
percent from September 1, 2014. "No
real surprises in the report, even though all of
these numbers were larger than a year ago, they
were a little less than what the trade was looking
for," Leffler said. Old crop grain
sorghum stored in all positions on September 1,
2015 totaled 18.4 million bushels, down 46 percent
from a year ago. On-farm stocks came in at 1.90
million bushels and were down three percent from
last year. Off-farm stocks totaled 16.5 million
bushels, down 49 percent from September 1,
2014. All wheat stored in all positions
on September 1, 2015 totaled 2.09 billion bushels,
up ten percent from a year ago. On-farm stocks
were down nine percent to 647 million bushels.
Off-farm stocks were up 21 percent from a year
ago, at 1.44 billion bushels. Radio
Oklahoma Network's Leslie Smith interviewed Tom
Leffler of Leffler Commodities Wednesday. Click or tap here to
hear the interview. Click here for the
full USDA Quarterly Stocks Report.
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NCBA
Urge Negotiators to Finalize TPP Negotiations This
Week in Atlanta
Another
round of Trans-Pacific Partnership (TPP)
negotiations are underway in Atlanta, Georgia.
National Cattlemen's Beef
Association Associate Director of
Legislative Affairs Kent Bacus is
one of the many agricultural observers in Atlanta
for these discussions that started yesterday and
continue today. He said the cattle industry is
looking forward to wrapping up the TPP deal.
"The most important thing that we can
see is that a comprehensive agreement be
concluded," Bacus said. "We're talking about a
good agreement that can get enough support from
all the industries and something that can really
help us set a level playing field throughout the
Pacific-Rim countries for this generation and
generations to come. We're really looking for a
solid agreement and we need that agreement to
happen immediately."
NCBA feels a sense
of urgency of seeing negotiators get the deal
finalized sooner, rather than later. Bacus said
the longer negations go, there could more
backsliding on issues that were once concluded.
There are still some outstanding issues, so he is
hopeful those will be resolved this week. If they
aren't, the U.S. will be further behind other
countries that are trying to set up trade
agreements outside of TPP.
Japan is
currently the top export market for U.S. beef,
totaling $1.6 billion in 2014, even with a 38.5
percent tariff rate. One of the leading
competitors for Japanese consumers is Australia.
Last year Australia and Japan signed the
Japan-Australia Economic Partnership Agreement
that phases down the tariff on beef imports over
15 years and removes a 50 percent snapback tariff
on Australian beef. This agreement gives Australia
a competitive advantage and as a result Australia
is taking market share away from U.S. beef. The
Trans-Pacific Partnership will put U.S. beef
producers on a level playing field with Australian
beef producers.
"So, every day that TPP
is not concluded and put into action, is another
day we're going to be further behind the
Australians," Bacus said.
I
featured Bacus on the Beef Buzz. Click or tap here to
listen to this Beef Buzz feature.
|
CropLife
America Supports Safety, but Has Concerns with
Newly Final WPS Rule
CropLife
America CEO
Jay Vroom released a statement on
Wednesday expressing worries about the Farm Worker
Standards that were revised by the Obama
Administration on Monday. Here are some of
the highlights from Vroom- whose trade association
represents many of the major Ag-Chemical companies
in the US and globally:
"We are
disappointed by the U.S. Environmental Protection
Agency's (EPA) decision to move forward on Monday
to finalize the Worker Protection Rule (WPA)
revisions. This rule is enormous - over 300 pages
including its massive preamble - and may well
contain some improvements and additional problems
beyond the scope of the original proposal," Vroom
observes. "But Monday's announcement rhetoric and
the inclusion of only one stakeholder group with
the EPA and U.S. Department of Labor (DOL)
officials puts a disappointing political spin on
safety we were not
expecting."
"Notwithstanding Monday's
surprise tactics, CLA renews its commitment to the
government and all stakeholders to work to build
on the record of safety for pesticide use in the
US and to find ways to constructively engage to
advance safety in all aspects of pesticide
manufacture, storage, application, use, and farm
worker potential exposure," Vroom concluded. "We
will respond in greater detail about the specifics
of the new rule once our teams have thoroughly
evaluated the entirety of the rule
revisions."
|
House
Agriculture Committee Continues Review of
International Food Aid
Programs
The
House Agriculture Committee
Wednesday continued its review of U.S.
international food aid programs by hearing from a
variety of interested stakeholders-private
voluntary organizations, commodity organizations,
and agricultural processors-regarding their
perspectives on how the programs are functioning.
These witnesses represent those who produce and
process the food used for these programs, as well
as the on-the-ground implementers who distribute
food aid through emergency feeding and development
projects across the globe. "The U.S.
continues to lead global efforts in alleviating
hunger and malnutrition thanks to the longstanding
commitment and coordination of a wide array of
stakeholders like the ones we heard from today.
Today's hearing was helpful in providing a better
understanding of the respective roles the various
partners play. Their input will prove invaluable
as we prepare for future farm bill negotiations,
where we will strive to strike the appropriate
balance between in-kind and cash-based assistance.
It is imperative that all interested parties have
a seat at the table as we discuss potential
reforms to food aid and proposals for a
whole-of-government approach to global food
security. I am committed to ensuring that happens
and look forward to hearing from additional
stakeholders, including the maritime industry,
later this Congress," Chairman K. Michael
Conaway said. Written
testimony provided by the witness from Wednesday's
hearing is linked below. Click here for more
information, including Chairman Conaway's opening
statement, and the archived
webcast. Click here to read
testimony from the hearing.
|
Sponsor
Spotlight
I am grateful that the American Farmers &
Ranchers Mutual Insurance Company is a regular
sponsor of our daily update. On both the state and
national levels, full-time staff members serve as
a "watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click
here to go to
their AFR website to learn more about their
efforts to serve rural
American!
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National
FFA Organization Membership Sets Record of 629,367
Students
With global needs to
fight hunger and prepare for the expected
population growth, the industry of agriculture
needs educated, skilled and passionate people
dedicated to sustainability. The National
FFA Organization is answering this need,
as the record growth of the organization
demonstrates. Oklahoma remains in
the top five states nationally for FFA membership
with 27,154 members and
359 chapters. This is the first
time that Oklahoma has topped the 27 thousand
member threshold!
Today, FFA membership
stands at 629,367 students, up
from 610,240 in 2014, an increase of three
percent. The number of chapters grew from 7,665 in
2014 to 7,757 in 2015. The top five membership
states are Texas, California, Georgia, Oklahoma
and Missouri. Interest in FFA and agricultural
education continues to grow, as membership has
increased more than 20 percent since
2009-10.
"FFA, through agricultural
education, is preparing our youth to ensure the
security of our country's food, fiber and natural
resources for years to come," said National FFA
Organization CEO Dwight
Armstrong, Ph.D. "Through real-world
experiences, the nation's agricultural educators
are helping students develop the technical
knowledge, skills and problem-solving capabilities
to be the industry's leaders of tomorrow. FFA
continues to grow leaders, build communities and
strengthen agriculture."
Student
membership was not the only thing that grew in
2015. National FFA Alumni membership also
continued to grow, with 62,705 members this year,
growing from 57,832 in 2014. Click here to read
more.
|
Want to
Have the Latest Energy News Delivered to Your
Inbox Daily?
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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.
|
Senate
Hearing Reviews Army Corps' Role in
WOTUS
The
Senate Environment and Public
Works Subcommittee on Fisheries, Wildlife
and Water held a hearing Wednesday on the
Army Corps of Engineers'
participation in the "waters of the United States"
regulation. The subcommittee focused on internal
memos released by the House Oversight and
Government Reform Committee. While the memos show
the Corps leadership having serious concerns with
the science underlying the WOTUS rule, Jo
Ellen Darcy, Assistant Secretary of the
Army insisted, as co-author, the Corps supported
the final rule.
The hearing provided
ample opportunity to highlight the issues raised
in the memos and the gulf between the Corps and
EPA in the arbitrary standards used in the final
rule. Philip Ellis, National
Cattlemen's Beef Association president and
Chugwater, Wyo., cattleman, said the arbitrary
nature of this rule poses a danger to all land
uses.
"This rule is clearly not based
on science, nor does it relate to keeping our
waters clean," said Ellis. "It is a transparent
land grab by the administration and EPA. Cattlemen
and women will continue to oppose this rule in
Congress and in the courtroom. This rule and the
flawed rulemaking process underlie the need for
legislation to withdraw the rule and compel the
agencies to work with all
stakeholders."
NCBA and Public Lands
Council support S. 1140, the Federal Water
Quality Protection Act, bipartisan
legislation that would direct the EPA to withdraw
the final WOTUS rule and work with stakeholders in
drafting a new rule to clarify the Clean Water
Act.
|
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