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weekdays- if you missed this morning's Farm News - or you are in an
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morning's Farm news from Ron Hays on RON.
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
Cash Grain Prices- as reported by the Oklahoma Dept. of
Agriculture. (including Canola
prices in central and western Oklahoma)
Oklahoma Farm Report Team!!!!
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Oklahoma Back to Being Drought-Free After Record
Rainfall in November, Gary McManus Explains
Oklahoma is currently free from drought, thanks to its wettest
November on record. State
Climatologist Gary McManus said Oklahoma officially
ended the month with 5.99 inches of rain. That's the most rain
received in a November since 1895.
In addition to the Sooner state being free from drought, the latest U.S. Drought Monitor
shows only 14.19 percent of the state suffering from abnormally dry
Widespread precipitation in the form of rain and freezing rain in the
last week improved soil moisture conditions and enhanced streamflow
activity. McManus attributed the extra precipitation to
extremely strong El Nino temperatures in the Pacific Ocean. He
said this has created a warmer-than-normal temperature pattern across
much of the northern U.S. that might mean more rain events for
Oklahoma as opposed to snow events throughout the remainder of the
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Oklahoma's Pork Producers
Wait for WTO to Announce Retaliation Over COOL
producers continue to wait for a ruling from the World Trade
Organization (WTO) on the U.S. Country of Origin Labeling
(COOL) law. As early as next week, the WTO will issue the retaliation
levels permitted by Canada and Mexico to execute. Canada and Mexico
have said they are entitled to $3 billion in retaliation and the U.S.
has claimed it's only $90 million. Oklahoma Pork Council
Executive Director Roy Lee Lindsey said that's a big
gap, so he thinks the next step by the U.S. Senate will be determined
by the WTO's retaliation levels.
"My guess is that if numbers are on the bottom end of that, if
it's closer to $90 million - the Senate's going to remain reluctant
to make many changes," Lindsey said. "But if that number
comes in closer to the top end, then I think the pressure on the
Senate really gets ratcheted up to actually take a vote."
The House of Representatives in June voted 300-131 to repeal COOL.
The U.S. Senate has delayed taking a vote to repeal COOL until these
retaliatory levels are released. In response to repealing COOL,
Former Senate Agriculture Committee Chair Debbie Stabenow introduced
legislation to make COOL, a voluntary program. Lindsey said Canada
and Mexico have signaled that they will not accept the Stabenow plan-
and since they have already won the WTO case against the US- it's
their call. Both countries have indicated they will only back
away from retaliation if the US repeals COOL.
"This is just going to drag on forever," Lindsey said.
"The only way we're going to avoid retaliation at this time is
repealing Country of Origin Labeling.
You Can hear our full
conversation with Roy Lee about COOL by clicking
By the way- Roy Lee
Lindsay is our guest for this weekend's In the Field segment
that is seen on KWTV News9 in Oklahoma City- You can see Roy
Lee and yours truly at 6:40 AM tomorrow morning.
Animal Ag Alliance Explains
Why Antibiotics are Needed for Animal Health Care
One of the hotter topics animal agriculture has had to
deal with in 2015 has been antibiotic use in animal production. Hannah Thompson
of the Animal Ag
Alliance said this is a challenging subject for most
folks involved in livestock production. There are a lot of different
production practices out there and it's very different between each
species. Thompson said recently a lot of poultry companies made
announcements about no antibiotics ever and phasing out antibiotics,
but that's very different from beef or pork. Unfortunately, consumers
don't understand those differences.
"Of course, antibiotics are a very critical tool to animal
care," Thompson said. "So, I think a lot of people don't
understand that. Even if a farm or a restaurant or a retailer has a
no antibiotics ever policy, if that animal gets sick they need to be
treated and usually they are, then they are sold in a different
channel. So we need to make sure those alternative channels remain open,
antibiotics remain a tool that farmers use to ensure animal
The Animal Ag Alliance also strives to monitor the efforts of animal
rights groups, such as the Humane Society of the United States
(HSUS), that want to see the end of meat consumption in the U.S.
Thompson said HSUS has broken it down with an incremental changes
approach. HSUS works to get certain practices phased out. One example
is the egg laying industry's change to cage free production. Making
those changes can require large capital investments and this will
force more farmers to go out of business. As producer's have adopted
the new requirements for producing eggs, Thompson said HSUS staff
members have already said that cage free production isn't good enough
because the chickens don't have outdoor access and that the chickens
are too overcrowded.
"We're already starting to see those changes go into effect and
the goal post is just going to continue to move until there is no
production agriculture," Thompson said.
or tap here to listen to today's Beef Buzz- which is part
two of a two day run on the Beef Buzz with Hannah.
OSU's Kim Anderson
Cautiously Optimistic for Wheat Prices in 2016
U.S. wheat prices turned higher this week. Part of
that can be attributed to the value of the U.S. dollar decreasing by
a couple of points. On this weekend's edition of SUNUP, Oklahoma State University
Grain Marketing Specialist Kim
Anderson said wheat prices rallied ten cents higher
in the futures market than cash prices. He said some elevators in
Oklahoma lowered their basis by a dime. That lowered the local cash
price by ten cents.
SUNUP host Lyndall
Stout asks Anderson about the outlook for wheat
prices. While there isn't much volume in the market during this
holiday time period, he said with fewer buyers there will be both
rallies and declines in the market. He said farmers will have to wait
to see where prices are in early January, because that will set the
stage for the 2016 year.
In looking at 2016 harvest prices, Anderson said the wheat market has
reached the floor and all the negative news has been accounted for in
the market. He said right now the July Kansas City wheat futures
contract is 20 cents higher than the March contract. Basis levels are
also lower for July than March right now. That's a 40 cent premium,
so that makes Anderson semi-optimistic for wheat prices for 2016.
We are proud to have American Farmers &
Ranchers Mutual Insurance Company as 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
Association Hails Senate Acceptance of Transportation Bill
Conference- Including Crop Insurance Fix
The American Soybean Association hailed news last
night that the Senate approved the conference report on the Surface
Transportation Reauthorization Act, more familiarly known as the
Highway Bill. The final legislation is formally titled the Fixing
America's Surface Transportation (FAST) Act, and will now head to
President Barack Obama for signature.
Providing funding certainty for road and bridge
construction and maintenance was a priority for ASA in the
legislation, as well as reversing the $3 billion in cuts to crop insurance
that were included in the bipartisan budget deal passed in October.
cut to crop insurance was a dealbreaker for soybean farmers and we're
very relieved to see these cuts reversed," said Wade Cowan,
ASA's president and a farmer from Brownfield, Texas. "Soybean
farmers across the country rely on crop insurance in times of extreme
weather to ensure they can stay in business to farm in the coming
year. An ill-advised $3 billion in cuts would have severely hobbled
the program, and we're happy to see them reversed." You can read
the complete statement from he ASA by clicking
Meanwhile- opponents of the Crop Insurance
program continued their campaign to keep the budget cuts. The
Environmental Working Group is the group that has led the attack on
Crop Insurance since the passage of the 2014 Farm Bill - and they
continue to claim that the proposed $3 billion cut in crop insurance
subsidies in the recent federal budget deal would not "kill the
crop insurance program- adding that it would merely cut the fat from
the industry's cost of doing business, according to a new analysis
commissioned by EWG.
The report by Dr. Bruce Babcock, agricultural
economist at Iowa State University, is titled Cutting
The Fat: It Won't Kill Crop Insurance. It shows that lowering the
excessive rates of return enjoyed by the industry, as proposed last
month in the budget agreement, would have no impact on the
availability of crop insurance policies or the premiums paid by
here to read more about the report, Cutting The Fat: It Won't
Kill Crop Insurance.
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USDA to Collect Final
2015 Crop Production and Crop Stocks Data
As the 2015 growing season comes to an end, the U.S.
Department of Agriculture's National
Agricultural Statistics Service (NASS) will contact
producers nationwide to gather final year-end crop production numbers
and the amount of grain and oilseed they store on their farms. At the
same time, NASS will survey grain facility operators to determine
year-end off-farm grain and
"These surveys are the largest and most important year-end
surveys conducted by NASS," explained NASS's Oklahoma State
Hundl. "They are the basis for the official
USDA estimates of production and harvested acres of all major
agricultural commodities in the United States and year-end grain and
oilseed supplies. Data from the survey will benefit farmers and
processors by providing timely and accurate information to help them
make crucial year-end business decisions and begin planning for the
next growing and marketing season."
Wheat Commission is urging farmers to participate in
the effort to gather information that will be compiled, analyzed and
then published in a series of USDA reports, including the Crop
Production Annual Summary and quarterly Grain Stocks report to be
released January 12. Click
or tap here to read more about how responses to the survey will
Behlen Country- A
Featured Exhibitor at the Upcoming 2015 Tulsa Farm Show
2015 brings to Oklahoma the 22nd Tulsa Farm Show, which
has grown into the most successful farm and ranch show venue in the
state of Oklahoma.
Oklahoma's premier agricultural and ranching event
returns to the River Spirit Expo (Expo Square) nest week- December
One of the featured exhibitors at the 2015 Tulsa Farm
Show is Behlen Country. Eric
McVey says that Behlen will be showing off their
Cattle Chutes and a lot more. He talked with Dave Lanning
of the Radio Oklahoma Ag Network ahead of the 2015 Tulsa Farm Show-
and we feature his comments in a special audio report you can hear by
or tapping here.
By the way- we will once again have a booth at the
Tulsa Farm Show- and look forward to having you stop by and say howdy.
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
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