From:                              Ron Hays <ron@oklahomafarmreport.ccsend.com> on behalf of Ron Hays <ronphays@cox.net>

Sent:                               Monday, December 14, 2015 6:06 AM

To:                                   Arterburn, Pam

Subject:                          Oklahoma's Farm News Update

 

 

 

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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 futuresclick 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:  

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.

  

 

 

  

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


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Your Update from Ron Hays of RON

   Monday, December 14, 2015

 

 

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 

DowDuPontFeatured Story:

DuPont and Dow Chemical to Combine in Merger of Equals 

 

DuPont (NYSE:DD) and The Dow Chemical Company (NYSE:DOW) Friday announced that their boards of directors unanimously approved a definitive agreement under which the companies will combine in an all-stock merger of equals. The combined company will be named DowDuPont. The parties intend to subsequently pursue a separation of DowDuPont into three independent, publicly traded companies through tax-free spin-offs. This would occur as soon as feasible, which is expected to be 18-24 months following the closing of the merger, subject to regulatory and board approval.


The companies will include a leading global pure-play Agriculture company; a leading global pure-play Material Science company; and a leading technology and innovation-driven Specialty Products company. Each of the businesses will have clear focus, an appropriate capital structure, a distinct and compelling investment thesis, scale advantages, and focused investments in innovation to better deliver superior solutions and choices for customers.


Within the agricultural sector- one early comment by the companies indicated that they would spin off one of their seed brands- likely keeping Pioneer and putting Mycogen Seeds on the market.



Click or tap here to read more about the proposed  DowDuPont merger.

 

 

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"Your Choice" plan options will fit YOUR needs and you will discover why Pioneer Cellular is the provider that everyone is switching to....See your local Pioneer Cellular store or agent today!  Click here to learn more or call today at 1-888-641-2732.    

 

 

 

MergerImpactAmerican Soybean Association and National Corn Growers to Study Dow, DuPont Merger Impact

 

Dow and DuPont announced on Friday morning an all-stock merger that will create a new $130 billion DowDuPont company.


The American Soybean Association (ASA) and National Corn Growers Association (NCGA) both quickly issued news releases saying they are committed to examining the overall impacts of this merger on the agricultural industry and farmers.


"As always, we welcome competition and innovation to the industry, while keeping the best interests of soybean growers at the forefront," said ASA President Richard Wilkins, Greenwood, Del. "ASA looks forward to the opportunity to provide comments to the companies and U.S. regulatory authorities that must approve any merger, and will continue to study how this merger will affect soybean farmers."

 

"The National Corn Growers Association is committed to protecting the best interests of our members and our nation's corn farmers," NCGA President Chip Bowling of Maryland.  "With respect to the proposed merger, we anticipate that we will have an opportunity to submit comments regarding the effect this merger may have on agricultural research, innovation, grain marketing, and the competitive pricing of farm inputs. We will do all we can to protect farmer interests and preserve an open and competitive marketplace."

 

COP21COP21 Announces Deal at Climate Change Gathering in Paris- Nothing Agreed to that Obama Has to Bring Back to Congress

 

 

In a story in the online Washington Examiner, Secretary of State John Kerry admits the Obama Administration shaped the Climate Change agreement in Paris to avoid humiliation on the global stage- saying the deal "did not contain any enforcement provisions because Congress would not have approved them.


"It doesn't have mandatory targets for reduction and it doesn't have an enforcement, compliance mechanism," Kerry said during an interview on "Fox News Sunday."


"Kerry said such mechanisms were not included because Congress would have refused to greenlight the deal.


"Binding legal requirements would have made the Paris agreement a treaty, requiring approval from two-thirds of the Senate. Because no climate change measure could come close to that high bar in the chamber, the Paris deal was written to avoid it."

Does this agreement matter for US agriculture?  Based on the statement released over the weekend by Ag Secretary Tom Vilsack- it's really hard to see any new things that are not already in the pipeline.

Vilsack says "The benchmarks outlined in the deal build on the ambitious climate smart strategy being implemented by U.S. farmers, ranchers and foresters in partnership with USDA and the Obama Administration. Our efforts to boost productivity reduce greenhouse gas emissions, and share best practices with counterparts around the world will help to address climate change and improve global resilience while continuing to meet global demand for food, fiber and fuel."

USDA does point to several of the things the agency has going to promote their climate change response- including a link to their regional climate change research hubs- The Southern Plains Climate Hub is physically located at the Grazinglands Research Laboratory at Ft Reno- just west of El Reno on the north side of I-40.

 

ElNinoNews on 6 Meteorologist Travis Meyer Says El Niño Bringing Winter Storms Next 60 Days

 

El Nino can be blamed for the wettest year on record in Oklahoma. The state just came off the second wettest November on record and earlier this year recorded the wettest May on record. Travis Meyer, Chief Meteorologist at KOTV News on 6 in Tulsa, said it's been interesting to see the moisture concentrated in May and November.


"That is a cyclical nature of El Nino, just a few shifts, but it's generally a very warm pattern, a very wet pattern and that's pretty much what we have been dealing with," Meyer said.


In looking at the next 60 days, Meyer said it's going to be nerve racking. Oklahoma could get some of those arctic invasions and if they hit during a major storm system, he said that combination could bring winter storms. While that's a normal event, he said this year the storms are bigger and there is a lot more moisture available. That has Meyer concerned for ranchers dealing with the strongest El Nino ever.


"We've never been at this level of an El Nino, never this powerful of a storm system, so this is new territory for everybody," Meyer said.


In looking at the weather outlook, Meyer said the greatest amount of weather stress will occur over the next 60 days.  I caught up with Meyer at the Tulsa Farm Show.  Click or tap here to listen to my interview.

 

Sponsor Spotlight

 

We are also pleased 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 company members. Click here to go to their AFR website to learn more about their efforts to serve rural America!

 

EarTagsSenate Leader Mitch McConnell Expects NO Vote on TPP Until After 2016 November General Elections

 

Striking a blow to the Trans-Pacific Partnership, Senate Majority Leader Mitch McConnell is now saying that the trade deal should not be sent to Congress for approval until after the 2016 elections - and maybe not until after President Barack Obama leaves office. The Washington Post Reports McConnell signaled that he was undecided on how he would vote on the deal, but he was clear that the trade pact would be defeated if it were sent to Capitol Hill next spring or summer, as the administration was planning to do.

Senator McConnell told the Washington Post "there's significant pushback all over the place." McConnell says he doesn't like the tobacco dispute settlement provisions and that Senator Orin Hatch doesn't like pharmaceutical patent protection reductions. Other pushback comes from environmentalist, labor leaders and the United States Chamber of Commerce.

Even many that are normally aligned with President Obama oppose TPP.- Democrats reliant on labor and environmental support also oppose the deal.

Dave Salmonsen- a trade advisor on the staff of the American Farm Bureau- says that even after next November's elections- it may be tough to find the time to get a vote on TPP- as it is likely that a lot of stuff may be pushed until after the elections this next year.

Delay of a TPP vote is especially disappointing to the US Beef Industry- as it will mean that Australia will have an extended amount of time with a tariff advantage in the huge Japanese market over US Beef.

 

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.

 

 

DerrellPeelOSU's Derrell Peel Honored for 'Excellence in Extension' Programming and Service

 

Oklahoma State University's Derrell Peel has been honored as a 2015 Regional Excellence in Extension recipient by Cooperative Extension and the U.S. Department of Agriculture's National Institute of Food and Agriculture.


Peel, who serves as the Charles Breedlove Endowed Professor of Agribusiness and Cooperative Extension livestock marketing specialist for OSU's Division of Agricultural Sciences and Natural Resources, was officially recognized as the U.S. Southern Region recipient at the recent Association of Public and Land-grant Universities annual meeting in Indianapolis, Indiana.


Excellence in Extension awards are presented annually to one Cooperative Extension professional from each region in recognition of his or her visionary leadership, outstanding programming and positive impact on the communities they serve.


Recipients demonstrate the impact Extension has on Americans all across the country.  Click or tap here to read more about Derrell Peel.

 

ThisNThatThis N That- Pawnee FFA Wins Again, Steaks for Troops Fundraiser and OCA Hands Over Big Check 

 
It turned out that 2015 was a repeat for the first and second place teams at the 2015 Tulsa Farm Show Livestock Handling Skills Contest held this past Friday. The high placing team for 2015 was the Pawnee FFA Chapter squad- same as in 2014. And the second place team in both 2015 and 2014 represented the Perkins-Tryon FFA Chapter.


All contestants won scholarships, belt buckles and certificates for being a part of the competition. Teams had to qualify by taking a written test on animal well being and handling back in July of this year that was given at the Big 3 Judging Contests held by Oklahoma State University in Stillwater.

We've got names of the young men and ladies that were a part of the top three teams- and pictures, too.  And- comments from Terry Detrick of the AFR on why they support contests like this one for 4-H and FFA members across Oklahoma.

Click here for our story- which is at the top of this morning's Blue-Green Gazette on our Web Page.

Also- we have photo albums now up and posted from the 2015 Tulsa Farm Show- click here for the complete album of pics and click here for the album dedicated to the Livestock Handling Skills Contest.

**********

National Livestock Credit Corporation and affiliated companies are supporting, once again, the All American Beef Battalion.  This morning, the Oklahoma National Stockyards will auction a calf for the benefit of the All American Beef Battalion. The sale will take place at approximately 11:00 a.m. in the sale arena of the Stockyards.

This is the 6th year for the National Livestock companies to be involved in supporting the All American Beef Battalion. With the 2014 auction bringing in more than $60,000, contributors to this event have raised over $220,000 from the annual auction of a donated calf.

Click here to learn more about this morning's fundraiser- and how you can be a part of providing a steak dinner to one of the men or women who help protect our freedom.

**********

The Oklahoma Cattlemen's Association is donating $22,000.00 to the Children's Hospital Foundation.  The official check presentation will take place on this afternoon at 1 p.m. at the OCA Headquarters located in Historic Stockyards City, Okla.  



"In 1985, the OCA created the Range Round-Up, a ranch rodeo, to provide family entertainment, promote beef and raise money for charity. 2015 marks the 19th year in a row that the selected charity has been the Children's Hospital Foundation," said Tim Drummond, Chairman of the OCA Range Round-Up Committee.  

"In that time, OCA has donated more than $426,000.00 and formed a strong connection to the charity and its work.  This year's donation is the largest single donation we have ever given."

We plan on spending a good bit of the day at the Stockyards- first at the Steaks for Troops fundraiser and then at the OCA headquarters for this special presentation- say howdy if you see me before I see you!

 

 

Our thanks to Midwest Farms Shows , P & K EquipmentAmerican Farmers & Ranchers, KIS Futures, CROPLAN by WinfieldStillwater Milling Company, Farm AssurePioneer Cellular, National Livestock Credit Corporation and the 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 your inbox on a regular basis- at NO Charge!

 

 

 

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.  

 

 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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