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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:
mornings
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Etc.
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.
(including Canola prices in central and
western Oklahoma)
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 | |
Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Wednesday, October 7,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
President Obama Starts the
Sales Job on the Trans-Pacific
Partnership
President
Barack Obama met with 18 business leaders
on Tuesday in a one hour, closed door meeting at
the US Department of Agriculture headquarters in
Washington. Three of the eighteen came from
the agricultural sector- with the President of the
American Farm Bureau, Bob Stallman, strategically
seated next to the President where he would be
seen in many of the photos taken of the President
during the meeting.
This meeting appears
to have kicked off the push by the Obama
Administration to sell the TPP to the business
community, the general public and to
Congress.
After the meeting, the
President spoke briefly and called TPP
"a new trade agreement across the Asia
Pacific region that reflects American values and
gives our working families and American businesses
a fair shot, creates a level playing
field." "This agreement makes us more
competitive by eliminating about 18,000 taxes,
tariffs that are placed on America's products in
these other countries. Just to give you a couple
examples, Japan puts a 38-percent tax on American
beef before it ever reaches market. Malaysia
currently puts a 30-percent tax on American auto
parts. Vietnam puts a tax of as much as 70 percent
on every car American automakers sell in Vietnam.
"Under this agreement, all those
foreign taxes will fall. Most of them will fall to
zero. So we are knocking down barriers that are
currently preventing American businesses from
selling in these countries and are preventing
American workers from benefitting from those sales
to the fastest-growing, most dynamic region in the
world." Click here to read
more of the remarks offered by President
Obama. |
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|
Tom
Vilsack on TPP- We'll Sell More Ag Products Across
the Board Because of This
Agreement
The
US Department of Agriculture
hosted President Barack Obama on
Tuesday, as the President met with a variety of
stakeholders- including several from the
agricultural community- discussing the benefits
that the President sees in the just completed
Trans Pacific Partnership. While the final text
will take about thirty days to prepare, the
President and his Secretary of
Agriculture, Tom
Vilsack, are convinced that this trade
deal will be very good for US farmers and
ranchers. According to the USDA
website, "The agreement would eliminate or
significantly reduce tariffs on our products and
deter non-science based sanitary and phytosanitary
barriers that have put American agriculture at a
disadvantage in TPP countries in the past. Despite
these past barriers, countries in the
Trans-Pacific Partnership currently account for up
to 42 percent of all U.S. agricultural exports,
totaling $63 billion. Thanks to this agreement and
its removal of unfair trade barriers, American
agricultural exports to the region will expand
even further." On Tuesday afternoon,
Secretary Vilsack met with reporters in a
teleconference to discuss the TPP. While not all
the details are yet known about the trade deal,
the Secretary predicted to reporters "We're gonna
sell more ag products across the board with this
agreement." Click here to hear
Secretary Vilsack's comments to the
media.
|
Peel
Finds Imports of Australian Beef into U.S. Should
Moderate in Coming Months
On
a Weekly basis, Dr. Derrell
Peel, Oklahoma State University
Extension Livestock Marketing Specialist, offers
his economic analysis of the beef cattle industry-
both the livestock sector as well as the wholesale
and retail beef trade. This analysis is a part of
the weekly series known as the "Cow Calf Corner"
published electronically by Dr. Peel and Dr.
Glenn Selk. In this week's analysis- Dr.
Peel looks at beef imports here in
2015:"U.S. beef imports were up
32.5 percent in the first seven months of 2015.
This follows a beef import increase of 31 percent
year over year in 2014. The 2014 beef import total
was the highest level since 2007 and, at the
current pace, total 2015 beef imports could be a
new record high. The increase in beef imports was
expected and is the result of several factors
including: record high U.S. beef prices; declining
U.S. beef production (especially relative
shortages of processing beef); and a strong dollar
making imports even more attractive. However,
changes in the U.S. market and in countries that
export beef to the U.S. suggest that beef imports
will likely moderate in late 2015 and into
2016. "A significant part of the jump
in U.S. beef imports in 2014 and 2015 has been
from Australia. A unique combination of the U.S.
market circumstances described above and the
situation in Australia created the ideal
conditions for a dramatic increase in beef imports
from Down Under. Australia has been severely
impacted by drought across much of the country,
including the major cattle production regions,
since 2012. This has resulted in increased cattle
slaughter and beef production; increased cattle
exports; and increased beef exports. Australian
cattle slaughter in 2014 was 9.91 million head,
the highest level in more than 35 years. Live
cattle exports (mostly to Indonesia, Vietnam and
China) were another 1.3 million head, an all-time
record level. Both beef production and exports
were also at new record high levels in 2014. This
level of production is not sustainable and 2016
cattle numbers in Australia are projected to be
26.3 million head, down over 10 percent from 2014
levels. If realized, this 2016 cattle inventory
would be the smallest since
1995." Peel explains that the
combination of U.S. and Australian market
conditions resulted in U.S. imports of Australian
beef increasing 74 percent in 2014, accounting for
66 percent of year over year increase in total
U.S. beef imports. However, Peel believes there
are several reasons to expect U.S. imports of
Australian beef to moderate in late 2015 and into
2016. Click here to read
more from Peel's weekly update.
|
OSU's
Jayson Lusk Talking Modern Food Technology and
Food Labeling with Agri-Pulse
Dr.
Jayson Lusk may be the most quoted of any
university professor in the state of Oklahoma- as
the OSU Ag Economist has been seen on TV Outlets
like Fox Business Network, quoted in a wide
variety of blogs and websites and has written
opinion pieces for his blog that covers the world
of food and modern ag production practices.
He's on the national agricultural stage
this week- in a wide ranging interview with our
farm broadcast colleague and friend Jeff
Nalley that can be heard on the Open Mic
segment of the Agri-Pulse website. In
this interview, Dr. Lusk discusses the consumer
cost of mandatory food labels, the social and
economic implications on agriculture research and
technologies and the retailers reaction to
consumer food buying trends.He
tells Jeff that "GMOs are often used as a
'Stand In' for a whole host of other issues that
have nothing to do with GM technology." And
he talks about his research with consumers
regarding their interest in the food they buy for
their families and how this national debate over
GMOs impacts how consumers today view modern
production agriculture. Jayson also had a
chance to tout an upcoming book project of his
that will be out next spring- Unnaturally
Delicious. He told Nalley that this book
will tell the story of innovation that is helping
improve the food choices available to consumers in
this country and around the world.
You can listen to the entire conversation
that Jayson Lusk had with Jeff Nalley- it's available
here. |
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|
More
than 60,000 Expected to Converge on Louisville For
2015 National FFA Convention and
Expo
The
2015 National FFA Convention &
Expo will celebrate its last year of its
three-year run in Louisville beginning Oct. 28.
More than 60,000 FFA members and guests from
throughout the United States are expected at this
year's event, which runs through Oct. 31. After
this year, the convention and expo will move to
Indianapolis from 2016-2024. "Amplify"
is the theme for this year's convention and expo.
"With the opportunities we are given in our lives,
we must take action and share the message of
agriculture with others," said 2015-16 National
FFA President Andy Paul, a
student at Abraham Baldwin Agricultural College in
Georgia. "It's time we all amplify our voice when
it comes to the message of agriculture, and boost
our impact." Well over a thousand FFA
members from Oklahoma will be a part of the 2015
gathering of the Blue and Gold. The Oklahoma
delegation will be led by the 2015-16 State Officer
Team as well as two National Star finalists,
Gatlin Squires of Kingfisher who
is an American Star Finalist in the Agriscience
Category and William Maltbie of
Burlington, an American Star Finalist in the
Agribusiness category. A complete list of Oklahoma
FFA members and chapters that will be representing
the state in Louisville in 2015 is available here.
Click here to read
more about the 2015 National FFA Convention in
Louisville. Our coverage later this month
from Louisville is being sponsored by ITC,
Your Energy Superhighway. Learn
more about the efforts of ITC here in the Great
Plains by clicking here.
Our reports on our website, this email, Facebook,
Twitter, the Radio Oklahoma Ag Network and our
FLICKR albul of photos are also being brought to
you by the Oklahoma FFA Alumni
and the Oklahoma FFA
Association.
|
Want to
Have the Latest Energy News Delivered to Your
Inbox Daily?
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winning broadcast journalist Jerry
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here in the southern plains- Click here to subscribe to his
daily update of top Energy
News.
|
Registration
Open, Rules Announced for National Wheat Yield
Contest
Entries
are now being accepted for the first National
Wheat Yield Contest in over 20 years. The
National Wheat Foundation (NWF)
announced the official contest rules and opened
registration on their website Tuesday for the
inaugural year of the contest. The highly
anticipated yield competition, first unveiled at
the 2015 Commodity Classic, is made possible by
the generous support of National Wheat Yield
Contest industry category partners
BASF (crop protection),
Monsanto (seed), John
Deere (equipment) and
Winfield (agronomic
services).
"We have been eagerly
awaiting the launch of the National Wheat Yield
Contest and look forward to U.S. wheat farmers
competing with the best available technology to
demonstrate how they can increase productivity,
drive innovation and enable knowledge transfer
between growers," said NWF Chairman Dusty
Tallman, a wheat grower from Brandon,
Colo.
Wheat growers can compete in two
primary contest categories - winter wheat and
spring wheat. There will be two sub-categories for
each category, respectively, for dry land and
irrigated wheat production. Entrants must be a
producer, at least 14 years of age, and member of
their recognized state wheat grower association,
or if from a state without a recognized state
wheat grower organization, a member of the
National Association of Wheat
Growers (NAWG). In addition to
recognizing some of the nation's most successful
wheat producers and encouraging knowledge transfer
between growers, organizers hope the contest will
help boost innovation in the world's most widely
grown crop.
"In
2014, we witnessed an all-time corn yield record
at 503 bushels per acre," said Dr. Jeff
Koscelny, Wheat Commercial Lead at
Monsanto. "Improved farm management practices and
technology in agriculture are helping farmers make
the most out of their land and bring more grain to
harvest per acre, and contests like this one
provide an excellent environment for that
innovation to take place."
All
contest entries must use certified or branded, and
currently commercially available, wheat
seed. Early registration deadlines are
April 1 for winter wheat.
Click here for
additional details.
|
The
2015 Tulsa State Fair is having another excellent
livestock show- and entries are up this year. General Beef
Superintendent Blake Nelson told Leslie Smith
over this past weekend that cattle
entries have grown for Simmental, Maine Anjou and
for junior exhibitors showing heifers. The
market animal show for 4-H and FFA members is well
underway, with the Barrow, Market Lamb and Market
Goat shows kicking off yesterday afternoon- the
Market Steer show begins this morning and the
McDonalds Night of Champions will showcase the
Grand Champions in all of the species- starting at
7:00 PM tonight. That will be followed by
the Gala that is planned for tomorrow afternoon at
5:00 PM when the top animals from this year's show
will be sold in a premium auction. We'll be there
this evening and tomorrow covering the Night of
Champions and the Gala. Click here for more
details about this year's Livestock show
events at the Tulsa State Fair.
**********
It's Wednesday- and that means the
Big Iron folks will be busy
closing out this week's auction items -
all 487 items consigned. Bidding will
start at 10 AM central
time.
Click Here for the complete
rundown of what is being sold on this no reserve
online sale this week.
If you'd like more information on buying and
selling with Big Iron, call District Manager
Mike Wolfe at 580-320-2718 and he
can give you the full scoop. You can also
reach Mike via email by clicking or tapping
here.
********** We
mentioned that the Oklahoma Farm
Bureau had offered to make room on their
property that sits just west of the Oklahoma State
Capitol for the Ten Commandments Monument that was
ordered to be moved off of the state capitol
grounds. The Monument has been
removed- and now resides about a mile south of the
Capitol at the Oklahoma Council of Public
Affairs. It faces Lincoln Avenue-
just down the street from the seat of Oklahoma
government. News9 in Oklahoma City had a
video story on the move of the monument this week-
you can see it here.
|
|
Our thanks
to Midwest Farms Shows,
P & K Equipment, American Farmers &
Ranchers,
CROPLAN by
Winfield, KIS Futures, Farm Assure, 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
their sponsorship helps us keep this arriving in
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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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