~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Thursday July 15, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- Healthier Animals Lead to Healthier Humans
-- Senators Kyl and Lincoln Try Again on Death Tax Fix
-- R-Calf to GIPSA- 60 Days is Plenty for Comments on New Market Rules
-- Oklahoma Grain and Stocker Producers Will Share Hamburgers and Info Tonight
-- California Law Banning Battery Cages Shows Potential For Other States to Follow
-- EXCESSIVE Heat Warning Remains in Effect Until 7 PM This Evening
-- Cash Cattle Trade at $94- Feeder and Stocker Market Higher
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for the free market quote page they provide us for our website or call them at 1-800-256-2555.
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Producers Cooperative Oil Mill, with 64 years of progress through
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information on the oilseed crops they handle, including sunflowers and
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website- go there by clicking here.
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Healthier Animals Lead to Healthier Humans
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Subcommittee on Health of the Energy and Commerce Committee held a hearing on Wednesday entitled "Antibiotic Resistance and the Use of Antibiotics in Animal Agriculture.". The hearing considered the use of antibiotics in food-producing animals and its impact on human health.
One of those testifying at the hearing was Dr. Randall Singer, Associate Professor of Epidemiology Department of Veterinary and Biomedical Sciences, College of Veterinary Medicine, Division of Epidemiology, School of Public Health, University of Minnesota. His message to the members of Congress- healthy animals help ensure healthy food for consumers. The case he made is the centerpiece for today's Beef Buzz. The Beef Buzz is heard daily on great radio stations across Oklahoma and the southwest on the Radio Oklahoma Network. You can also check out the Beef Buzz regularly on our website- go to www.OklahomaFarmReport.Com and click on the Beef Buzz button found on the left hand side of any page on the site.
Dr. Singer told the Congressional Panel that "What we should be doing is determining which antibiotic uses minimize risks to human health while maxmizing animal health." He adds that antibiotics need to be considered and approved for use on a case by case basis- not a blanket ban as proposed by New York Congresswoman Louise Slaughter.
Click on the link below for more on this story- including the chance to hear Dr. Singer's plea to lawmakers to use sound science to determine which antibiotics can be used with the least amount of risk to human health.
Senators Kyl and Lincoln Try Again on Death Tax Fix
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Senators Blanche Lincoln and Jon Kyl have developed an estate tax proposal that they hope to attach to a small-business lending bill that awaits Senate action. The proposal would gradually drop the top estate tax rate to 35-percent, set the per person exemption at five-million dollars and index it to inflation. A bill passed by the House last year would set the estate tax at a 45-percent top rate with a 3.5-million dollar per person exemption. If Congress fails to take action - the estate tax will return January 1st at a top rate of 55-percent and a one-million dollar per person exemption. Kyl notes it would be the largest tax hike on American taxpayers in history. He says lack of action creates a tremendous amount of uncertainty for the nation's families, small business owners and farmers. Uncertainty - he says - is one of the factors preventing a strong economic recovery from taking hold.
Both the National Farmers Union and the American Farm Bureau are apparently on board with the Kyl-Lincoln plan. National Farmers Union is applauding the efforts of Senate Ag Chair Blanche Lincoln and Arizona Senator Jon Kyl to find a permanent solution to the current estate tax code. President Roger Johnson says NFU believes it is imperative that the estate tax exemption be four-million dollars per person and be indexed to inflation, provide for spousal transfers and include the stepped-up basis. NFU is promoting a slightly different level than the proposal of the two lawmakers, but Johnson says the Lincoln-Kyl language is a step in the right direction.
The American Farm Bureau Federation is also in support of the Lincoln-Kyl proposal. Farm Bureau President Bob Stallman sent a letter Wednesday to Senate Majority Leader Harry Reid asking him to allow the Senate to consider the proposal. Stallman says estate taxes can hit farm families harder than other small business owners because 84-percent of farm assets are real estate-based. He says when estate taxes are due - surviving family members may be forced to sell land, buildings or equipment needed to keep their operations going if they don't have enough cash on hand.
R-Calf to GIPSA- 60 Days is Plenty for Comments on New Market Rules
In a formal letter to the U.S. Department of Agriculture's (USDA's)
Grain Inspection, Packers and Stockyards Administration (GIPSA), R-CALF
USA (Click here for the letter sent by R-Calf) requested that GIPSA resist
any effort to extend the public comment period established in the agency's
proposed rule titled "Implementation of Regulations Required Under Title
XI of the Food, Conservation and Energy Act of 2008; Conduct in Violation
of the Act," published at 75 Fed. Reg., 35338-354 (June 22, 2010).
R-Calf contends that "These three trade associations primarily represent the interests of the highly concentrated meatpacking industry and they essentially argue that the Proposed Rule addresses novel issues that they have not had adequate time to evaluate. However, these groups have long fought against some or all of the very reforms contained in the Proposed Rule and already have made up their minds regarding the Proposed Rule, and therefore, R-CALF USA argues that no delay is warranted."
Oklahoma Grain and Stocker Producers Will Share Hamburgers and Info Tonight
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~"Defending animal agriculture & working together to tell our story" is the theme of the Producer Meeting and Hamburger feed planned by the Oklahoma Grain and Stocker Producers tonight in El Reno. Start time is 5:30 PM at the Canadian County Fairgrounds.
Featured speakers include Andrea Hutchinson of the Chain Ranch, who has been active in social media and other venues in telling the beef cattle story to consumers- and exposing HSUS for their anti animal agriculture direction.
Also speaking this evening at the OGSP event is Heather Buckmaster of the Oklahoma Beef Council, as well as Dr. Derrell Peel, OSU Livestock Marketing Specialist. More details on the twilight meeting can be found in our calendar pages of the website, www.OKlahomaFarmReport.Com. Click on the link below to jump to grab those details.
California Law Banning Battery Cages Shows Potential For Other States to Follow
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~California Governor Arnold Schwarzenegger has extended a battery cage ban beyond his state. California voters approved the requirement that all laying hens must have room to move around freely by 2015 by passing Prop 2 in 2008. The law signed by Schwarzenegger makes it illegal to sell whole eggs in the state unless they come from operations in compliance with Prop 2. Humane Society of the United States President and CEO Wayne Pacelle says the law means California will be a cage-free state by 2015. He considers this a step that could change the way laying hens are treated throughout the nation.
California Farm Bureau Federation President Paul Wenger says the new law levels the playing field for egg producers - removing the threat they might move to neighboring states to get away from the higher production costs. Wenger says it was an easy thing to equalize.
Pacelle notes the law comes days after the HSUS deal with Ohio's governor to impose a moratorium on new battery cage facilities in Ohio - the nation's second largest egg production state - and he says it's all evidence of a national trend.
EXCESSIVE Heat Warning Remains in Effect Until 7 PM This Evening
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~All of central Oklahoma and all of northeastern Oklahoma are under an Excessive heat Warning again today. The National Weather Service has issued this warning (yes all caps- they are shouting from the rooftops) "ABOVE NORMAL TEMPERATURES WILL CONTINUE TODAY WHILE HUMIDITY REMAINS AT EXCESSIVE LEVELS. THIS DANGEROUS COMBINATION WILL PUSH HEAT INDEX VALUES UP OVER 110 DEGREES ACROSS A WIDE AREA."
There is a chance for some rain and a few thunderstorms later today and into tonight. After that round of precipitation- things really start drying out, according to the National Weather Service.
In the Forecast discussion from the Norman National Weather Service office- they report "A PERSISTENT RIDGE IS EXPECTED TO LIMIT RAIN CHANCES FROM FRIDAY ONWARD. AS CALCULATED FROM THE CURRENT FORECAST. HEAT INDICES STAY BELOW 105 DEGREES FROM FRIDAY THROUGH THE NEXT WEEK. HIGH TEMPERATURES ARE EXPECTED TO BE LARGELY IN THE MID TO UPPER 90S, AND GRADUAL DRYING OF THE SOIL WILL SLOWLY BRING DEW POINTS/HEAT INDICES DOWN A LITTLE. HOWEVER-ANY AREAS THAT RECEIVE A SUBSTANTIAL AMOUNT OF RAIN TONIGHT OR FRIDAY MAY SEE THE UNUSUALLY HIGH DEW POINTS AND HEAT INDICES RETURN AS THE SUBTROPICAL RIDGE STRENGTHENS AGAIN THIS WEEKEND."
Cash Cattle Trade at $94- Feeder and Stocker Market Higher
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The TCFA Daily Volume Price report shows excellent cash cattle sales occurred on Wednesday- with 15,889 selling at $94.00. That would be $1.50 higher than prices seen last week. Click here for the TCFA Daily Volume Report which breaks down all the sales reported yesterday. We have the TCFA report permalinked at the bottom of this daily email as well.
It was an excellent midweek market at OKC West in El Reno, with 6,140 cattle being reported sold and higher money reported by Tina and John of the Market News office out of Oklahoma City. Yearling steers were steady to $2 higher, while steer calves were called steady to $2 higher as well.
Five to six hundred pound steers cleared from $126.50 to $135, while 700 to 800 pound yearlings cleared from $112 to $117.25 . Click here for the full report as found on the USDA Market News website.
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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 $7.65 per bushel- as of the close of trade on Wednesday, while the 2011 New Crop contracts for Canola are now available are $7.60 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:
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