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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday October 9, 2009
A
service of Johnston Enterprises, P & K Equipment/ P & K Wind
Energy and American Farmers & Ranchers Mutual Insurance
Company!
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-- Covering Cap and Trade, Conservation, COOL and More with
Congressman Frank Lucas
-- OSU's Kim Anderson Calls This Week's Wheat Price Rally a "Selling
Opportunity" for Wheat Farmers
-- Thirty Three Million Acres Offered for CSP Enrollment
-- Don't Look Now- But NIFA has Arrived.
-- Crop Report Could be Ethanol Friendly
-- Sorghum Checkoff Website Now Up and Running
-- Parker Ranch in Waurika Offers Their Best on Columbus Day- This
Coming Monday
-- Let's Check the Markets!
Howdy Neighbors! Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their AFR web site to learn more about their efforts to serve rural America! It is also great to have as an annual sponsor on our daily email
Johnston Enterprises- proud to be serving agriculture across
Oklahoma and around the world since 1893. For more on Johnston
Enterprises- click
here for their website! If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here. | |
Covering Cap and Trade, Conservation, COOL and More with Congressman Frank Lucas ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Cap and Trade,
Ag Appropriations, Conservation and COOL were among the topics that we
covered with the top Republican on the House Ag Committee on Thursday
afternoon. We began our conversation with Congressman Frank Lucas from
Oklahoma's Third District talking Climate Change- and he expressed the
hope that perhaps the proposal by Senator Barbara Boxer of California is
so onerous and a bill that will be disliked on so many fronts- that a
broad coalition will kick it to the curb. He tells us that he has heard
from several Senators that the chances of seeing a Climate Change bill
emerge from the Senate are almost nil here in 2009- and limited at best in
the first few months of 2010. Lucas believes that as we draw closer to the
November elections next year, those chances for a bill grow smaller and
smaller.
He confirmed that he was one of many Republicans that chose to vote against the Ag Appropriations Conference Report- saying the amount of money that has been shoveled toward nutrition programs is almost beyond belief- and in many cases as the expense of other needed programs within the Agency. He points out the base nutrition programs are entitlements- so spending will automatically rise to whatever level is demanded- so dumping more money and enhancing the existing programs don't make a lot of sense. He expressed no surprise that the Canadians have decided to call for a Dispute Settlement Panel over the US Country of Origin Labeling law- and also expressed no surprise from the Ag Approps bill that funding for NAIS (Animal ID) is some two thirds less than what the USDA asked for. Click on the link below that will take you to our full conversation with the Congressman on all of these subjects and more. When you get to the webpage- scroll down to the bottom of the page and click on the Listen Bar to hear Congressman Lucas' thoughts on all of these topics. Click here for our ten minutes with Congressman Frank Lucas on a variety of ag related issues. | |
OSU's Kim Anderson Calls This Week's Wheat Price Rally a "Selling Opportunity" for Wheat Farmers ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ After the
thirty cent price rally that the wheat market has enjoyed this week, OSU
Grain Marketing Economist Dr. Kim Anderson says that if you still own
wheat from the 2009 harvest, you should be pulling the trigger and selling
at least a portion of the crop you have stored. Anderson says that we have
not broken out of our trading range as of yet- although we have reached
the upper level of the range that we have been trading in since harvest.
Looking to the 2010 wheat crop that is now going into the ground, Anderson says that he is hearing from elevator operators that we have fewer acres being planted to wheat this fall than the last couple of years- as farmers look at other alternative crops such as winter canola. He adds that he is hearing that a lot of canola has been planted in southwestern Oklahoma where it has not been planted in past years. Anderson's comments are an exclusive preview that we have for you of this weekend's SUNUP that will be seen across Oklahoma on OETA. Click on the link below and you can go to our website and hear Kim's take on the wheat market as we get ready for Friday trade this morning- and we also have the complete rundown of who will be a part of SUNUP this Saturday morning. | |
Thirty Three Million Acres Offered for CSP Enrollment ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Natural
Resources Conservation Service (NRCS) Chief Dave White today announced
that NRCS has received 21,300 applications to participate in the new
Conservation Stewardship Program (CSP). These applications cover an
estimated 33 million acres, nationwide. "NRCS has received enough
applications to carry out conservation activities on more than twice the
number of acres Congress authorized for CSP this year," White said. "This
incredible response shows that conservation-minded producers and
landowners want to attain higher levels of conservation stewardship."
Congress capped the annual acreage enrollment nationally at 12,769,000 for each fiscal year. The final national and state-by-state numbers on acreage nationwide will be available in November 2009. Lands accepted into CSP include cropland, pastureland, rangeland and non-industrial private forestland-a new land use for the program-and agricultural land under the jurisdiction of an Indian tribe. Individual landowners/operators, legal entities, corporations and Indian tribes are eligible to apply for CSP assistance. Click here for more on the CSP offering- including a link over to USDA's website on CSP | |
Don't Look Now- But NIFA has Arrived. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ On Thursday,
Agriculture Secretary Tom Vilsack launched the National Institute of Food
and Agriculture (NIFA) with a major speech regarding the role of science
and research at USDA. At an event at the National Press Club with John
Holdren, Assistant to the President for Science and Technology, Vilsack
outlined his vision for addressing the some of the world's major
challenges over the coming decades.
Vilsack told those at the National Press Club "The opportunity to truly transform a field of science happens at best once a generation. Right now, I am convinced, is USDA's opportunity to work with the Congress, the other science agencies, and with our partners in industry, academia, and the nonprofit sector, to bring about transformative change." Several ag groups came out with words of praise for the concept of
NIFA. A joint statement from Darren Coppock, Executive Director of the
National Association of Wheat Growers and Dr. Jim Peterson, National Wheat
Improvement Committee Chairman says "We were pleased to see the official
launch of the new NIFA today in Washington. Like other members of the
agricultural community, we are hopeful that its inception will spur
important new investments in agricultural research. There is plenty of
hard work that lies ahead. In too few years, there will be billions more
people to feed on this planet, and our production is threatened every day
by weather and emerging disease and insect pests." | |
Crop Report Could be Ethanol Friendly ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This morning
at 7:30 AM central time, USDA reports its latest crop production
estimates. If the government numbers continue to show a bumper crop, that
will be good news for the ethanol industry. For now, the U.S. ethanol
industry is chalking up the best profits in months after suffering through
2008. Ethanol producers got a boost to their bottom line this year as corn
prices were cut in half from the record high of $7.65 per bushel posted in
the summer of 2008.
Jerry Gidel, analyst for North America Risk Management, says - demand for ethanol is increasing and my guess is crude oil will go higher, which helps the case for ethanol. Gidel's guess for crude oil is to $80-$85 per barrel. In advance of USDA releasing its latest crop production report traders are expecting a corn crop of nearly 13.0 billion bushels. That's almost a billion more than last year and just below the record crop of 13.1 billion produced in 2007. USDA's current forecast for 4.2 billion bushels of corn earmarked for ethanol for the current 2009-10 marketing year is expected to remain unchanged. Head to our website later this morning as we will have details from these latest numbers | |
Sorghum Checkoff Website Now Up and Running ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The United
Sorghum Checkoff Program (USCP) has launched a new Web site to provide
interactive and up-to-date information about the sorghum industry and the
progress of the Sorghum Checkoff Program.
"My hope is that producers will take advantage of the new site, because it is there for them to use," said USCP Communications Committee Chair Billy Bob Brown. "The Web site will allow producers to take advantage of the opportunity to be updated on the latest sorghum research and market development." The site features a section devoted to current sorghum research information. The page provides links to USCP research partners across the country, as well as details on current checkoff research projects. Additionally, the site features the latest news stories involving USCP
and archives past articles. Visitors can also look to the events calendar
for details on upcoming events in the industry. Click here for details about the national Sorghum Checkoff getting their website functional. | |
Parker Ranch in Waurika Offers Their Best on Columbus Day- This Coming Monday ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Parker
Angus Ranch will hold their Fall Production Sale on Columbus Day, Monday,
October 12, 2009. The sale will kick off at Noon at the Ranch, 11 Miles
Northeast of Waurika, Ok.
Selling will be a 100 18- to 20-Month-Old Bulls and a Select Group of Females. Eddie Parker says that this year's crop is looking really good- and he writes in the sale catalog "The bulls continue to improve as is evidenced by the outstanding EPDs. An update will also be available sale day." For information, contact Eddie or Karen Parker at 580-228-3251. You can also click on the link below for their website and their complete sale catalog. Click here for more on the Parker Angus Ranch Production Sale- One week from today- on October 12 | |
Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, AFR and KIS Futures 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 your inbox on a regular basis! 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. | |
Let's Check the Markets! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ We've had
requests to include Canola prices for your convenience here- and we will
be doing so on a regular basis. Current cash price for Canola is $7.20 per
bushel, while the 2010 New Crop contracts for Canola are now available are
$7.40 per bushel- delivered to local participating elevators that are
working with PCOM.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link: | |
God Bless! You can reach us at the following: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
email: ron@oklahomafarmreport.com
phone: 405-473-6144
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