~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday July 16, 2010A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Advice to Beef People- Tell Your Story to Anyone That Will Listen
-- Ethanol- An Industry Divided
-- Beef and Pork Exports Sizzle- Up 25% in Value Versus 2009
-- County FSA Employees to Gather Next Week in OKC
-- Canyon Inn at Medicine Rock Ranch our Agritourism Venue This Week
-- HRW Wheat Harvest Now Past Half Done in Nebraska and Colorado
-- Senate Ag Committee Leadership Don't See Eye to Eye on Financial Reform Measure
-- 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 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!
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Advice to Beef People- Tell Your Story to Anyone That Will Listen
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Worried about what the Humane Society of the US might do to beef cattle production here in the United States- Andrea Hutchison of the Chain Land and Cattle Company in Canton has decided to do what she can to push back. That's why she has traveled to several meetings across the country to learn more about what animal actitivists are doing to change livestock production to more their liking. And that's why she started a Facebook page called Expose HSUS which now has over 2,100 followers. If you are a Facebook user, search for Expose HSUS and you will find her site, which has as its description the following statement- "The Battle For Agriculture Isn't Going Away. Find Your Post- Strengthen It-And Don't Leave It. This Is A Fight To The Finish-For Posterity."
At the annual gathering of the Oklahoma Grain and Stockers Producers in El Reno, she spoke about the animal rights agenda, how it is threatening agriculture and what can be done to combat it. We have comments with her- click on the LINK below to take a listen.
We talked to Andrea as the meeting was getting started on Thursday- and she is our guest on today's Beef Buzz. Our Beef Buzz radio program is heard on great radio stations across the state on the Radio Oklahoma Network- and we have this Beef Buzz and previous programs as well on our website- simply go to www.OklahomaFarmReport.Com and click on the Beef Buzz button on the left hand side of any page to jump to our Beef Buzzes.
Ethanol- An Industry Divided
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Growth Energy has proposed a Fueling Freedom plan that calls for the phasing out of current ethanol supports by redirecting a portion of that funding to build out the infrastructure for distribution and use of ethanol - along with shifting the rest away from oil companies to opening the market. The idea is that funds currently going to the oil industry as an incentive for blending ethanol into gasoline would instead go to things like tax credits for retailers to install blender pumps - and also requiring as many as 120-million vehicles sold in the U.S. to be flex-fuel vehicles. Growth Energy CEO Tom Buis says the company is confident ethanol can and will compete successfully against oil in a fair and open market. Creating that competitive market will save money for motorists and taxpayers - Buis says - since it takes the control away from Big Oil and gives it to consumers. Click here for our story which has all the details and links for this Growth Energy announcement of yesterday.
While the National Farmers Union immediately applauded the announcement by Growth Energy (that's the group that Buis was President of for several years before jumping to Growth Energy)- other groups that promote ethanol don't like the plan- and want to push instead for a straight extension of ethanol tax breaks.
In the wake of Growth Energy's announcement - the American Coalition
for Ethanol, National Corn Growers Association, National Sorghum Producers
and Renewable Fuels Association reaffirmed support for the Renewable Fuels
Reinvestment Act and Green Jobs Act Thursday - two pieces of legislation
that would extend existing ethanol tax incentives through 2015. ACE Vice
President Brian Jennings says failure by Congress to extend ethanol tax
incentives beyond 2010 will result in more jobs lost and reversal of
energy independence - two consequences he says the U.S. can't afford.
Beef and Pork Exports Sizzle- Up 25% in Value Versus 2009
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~U.S. pork and beef exports continued their strong 2010 performance in May, collectively growing 25 percent in value versus 2009 and 8 percent over April of 2010, according to statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF). At $769.5 million, U.S. red meat exports reached their highest monthly value since October 2008. For producers, the gain in export value per animal processed in May was impressive: $53.10 per animal on the pork side - nearly 30 percent higher than the $40.90 recorded in May 2009. For beef, export value equated to $160.30 per steer and heifer slaughtered compared to $122 at this time last year - an increase of about 31 percent.
May pork export value increased 22 percent over a year ago and 5
percent from April 2010, reaching $419.3 million. Export volume of 162,865
metric tons (359 million pounds) was up 13 percent over last year and 4
percent from the previous month.
On the beef side, exports are running stronger than last year in
virtually all major markets except Mexico. Global exports of 90,930 metric
tons (200 million pounds) valued at $349 million were 12 percent higher in
volume and 25 percent higher in value than in May 2009. This pushed the
cumulative 2010 results to 398,879 metric tons (more than 879 million
pounds) valued at $1.5 billion - an increase of 11 percent in volume and
19 percent in value over last year's pace.
Click on the LINK below for a breakdown of how beef, pork and lamb are doing in key markets- and what may be ahead for US meat exports.
County FSA Employees to Gather Next Week in OKC
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Oklahoma Association of FSA County Office Employees (OKASCOE) will be holding their annual state convention in Oklahoma City on July 23rd-24th at the Renaissance Hotel and Spa. Guest speakers include Francie Tolle, Oklahoma FSA State Director and Terry Detrick of American Farmers and Ranchers.
OKASCOE is the state association of NASCOE, the National Association of County Office Employees who over 50 years has worked to provide benefits for county level employees of Farm Service Agency , USDA. Amber Nash of Osage County tells us that they are a professional association who represents the interest of all county office employees of the FSA, regardless of membership.
Nash is the President of the state organization for 2010- and she will be leading the group as they meet this coming week. We have linked to the National website of the organization to allow you to explore and find out more about this group.
Canyon Inn at Medicine Rock Ranch our Agritourism Venue This Week
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Radio Oklahoma Network and Farm Director Ron Hays continue to promote Agritourism venues across the state in the spring/summer Adventure Passport contest. Since early May, a different venue has been highlighted in radio and TV ads each week as we salute more than 500 events and venues to enjoy in the growing adventure known as Oklahoma Agritourism.
The venue we are featuring this week is the Canyon Inn. The Canyon Inn at Medicine Rock Ranch is one of Oklahoma's premier country stay locations. Host to many varieties of wildlife & waterfowl this bed and breakfast is a shutterbugs dream! Built in 2006, to mimic an old ranch headquarters the home has every aminity. The views resemble those you might see in Napa Valley. Beautiful lanscaping & lawn features allow you to unwind&d reconnect with nature without feeling like a tourist or guest. With multiple ponds on the property there is plenty of space to go nature hiking, fishing, birding & have picnics. Guided hunts are available.
Click on the LINK below to learn more about this Agritourism destination and to take a look at our TV commercial spotlighting the Canyon Inn.
HRW Wheat Harvest Now Past Half Done in Nebraska and Colorado
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Word from the latest summary from Plains Grains indicates "Rain has again plagued harvesting of wheat in northeast Colorado and western Nebraska this week. Harvest is now 95% complete in Kansas while harvest in Colorado, north of I-70, is now 60% complete. The Nebraska Panhandle is now 20% harvested and cutting has now started in South Dakota. Oklahoma and Texas are for all practical purposes complete.
"Average wheat protein continues to be just short of 12%, still holding at 11.9% with 291 samples tested of the estimated 486 expected. Protein is still extremely variable between many individual locations. The most significant changes in grade and non-grade factors (below) was in thousand kernel weight averages, 31.5 grams this week up from 30.2 grams last week. Damaged kernels and total defects increased this week.
"Very early (only 2 grainsheds in north Texas/southwest Oklahoma area) dough and bake data indicates farinograph absorption (14% mb) is 2.2 percent higher than last year at 58%, development time is shorter at 5.3 minutes vs. 6.2 minutes in 2009 and stability decreased from 12.7 minutes in 2009 to 12.1 minutes this year. Bake mix time is 5.3 minutes this year vs. 4.9 minutes last year, bake absorption is 60% vs.59.5% last year."
Senate Ag Committee Leadership Don't See Eye to Eye on Financial Reform Measure
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Senate Ag Committee Chairman Blanche Lincoln says the financial reform bill will rein in the reckless Wall Street behavior that nearly destroyed the nation's economy. Lincoln worked on the derivatives title. The Arkansas Senator says the legislation brings a 600-trillion dollar unregulated derivatives market into the light of day - ending the days of Wall Street's backroom deals and putting money back on Main Street where it belongs. Click here for the News Release that offers Lincoln's reaction to passage of the bill.
But Senate Ag Ranking Member Saxby Chambliss claims nothing in the 23-hundred page bill deals with the primary catalyst of the market instability in the economy - the bailout behemoths Fannie Mae and Freddie Mac. Chambliss says the bill ignores the devastating impact these two entities continue to have not only on our capital markets - but also the nation's deficit. Chambliss contends the rules will make it more expensive for ag banks to do business and he says farmers and ranchers, electric co-ops and ethanol facilities will ultimately bear the burden. Click here for Senator Chambliss' full statement following the 60-39 vote that moved the proposal through the Senate.
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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 $7.80 per bushel as of the close of trade on Thursday, while the 2011 New Crop contracts for Canola are now available are $7.70 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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