~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday August 11, 2010A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Crop Forecast Out Thursday Morning
-- Free at Last!!! - US Beef to Mexico Now Duty Free
-- Lucas and House Colleagues Offer Companion Bill Rebuking EPA on Pesticide Regs
-- The Fertility gods were not with the 2010 Wheat Crop- at Least in Terms of Protein Content
-- Goober Growth in 2010
-- 20th Annual Southern Plains Beef Symposium- This Saturday in Ardmore!
-- Watching Twitter- Bull Rises to the Top!
-- 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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Crop Forecast Out Thursday Morning
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Based on crop condition ratings as of August 1st, weather through July and equal chances that August weather will replicate that of each of the past 50 years - the University of Illinois has forecast a U.S. 2010 average corn yield of 158.1-bushels per acre. The University predicts the U.S. soybean crop average yield to be 43.7-bushels per acre. Tomorrow (Thursday) - USDA releases its first forecasts of this year's corn and soybean crops that are based on a large survey of producers and objective yield data gathered in the largest production states.
Actual production can deviate substantially from the August forecasts - but those forecasts provide important benchmarks for judging the eventual crop size. Darrel Good - Ag Economist at the University of Illinois - says Thursday's numbers are starting points from which the market evaluates the impact of subsequent weather and crop developments.
Good says the new corn forecast takes on additional importance this year. Inventories of old crop corn are expected to be relatively small - and demand for U.S. corn during the 2010-2011 market year is expected to be strong. For soybeans - Good says the size of the 2010 U.S. crop may have slightly less importance as South American producers will have an opportunity to adjust their planting decisions to the likely size of the U.S. crop.
Looking at what the USDA numbers may tell us about the 2010 cotton crop, Doane Ag Services reports "Pre-report estimates were released Tuesday and showed the average of analysts' production estimates at 18.62 million bales, up from 18.30 million in the July report. Exports were pegged at 14.41 million bales, up from 14.30 million in July, leaving stocks 330,000 million bales higher at 3.83 million. Despite these bearish numbers, investors continue to buy cotton. However, prices are much higher than current fundamentals indicate it should be, and if we encounter demand problems, if supply turns out to be excessive, or if investors just decide to sell all of a sudden we will likely see a fast retreat from these levels."
Free at Last!!! - US Beef to Mexico Now Duty Free
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The National Cattlemen's Beef Association and U.S. Meat Export Federation - supported by USDA - have led a coalition of U.S. beef industry interests looking to eliminate anti-dumping duties applied to nearly half of U.S. beef production by Mexico's Ministry of the Economy for about 10 years. After those years of putting time, money and a lot of effort into resolving the issue with Mexico - The Ministry has announced a resolution eliminating those duties. It goes into effect today (Wednesday). NCBA President Steve Foglesong says the resolution is a big win for all segments of the beef industry because many exporters were locked out of the top export market for the U.S. throughout the last decade due to the prohibitive duties.
USMEF Chairman Jim Peterson says it's an important development for those advocating free trade - as the decision upholds the spirit and intent of NAFTA. Peterson is confident the market's performance will get better due to elimination of the duties. He says the resolution levels the playing field for all U.S. products entering Mexico and helps the U.S. regain momentum in its number one export market. Peterson points out that foreign markets are critical to the bottom line for cattle producers right now - so the resolution comes as very welcome news.
Lucas and House Colleagues Offer Companion Bill Rebuking EPA on Pesticide Regs
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Ranking Member, Frank Lucas of Oklahoma, along with six of his colleagues on the House Agriculture Committee, introduced a bill (H.R. 6087) on Tuesday, which clarifies that the use of a pesticide consistent with its registration under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) should not be subject to a costly, redundant, and unnecessary permit process under the Clean Water Act (CWA).
Since passage of the Clean Water Act in 1972, the Environmental
Protection Agency has interpreted the act to exclude lawful pesticide
applications regulated under the Federal Insecticide, Fungicide and
Rodenticide Act (FIFRA) from National Pollutant Discharge Elimination
System (NPDES) permits. However, in January 2009, the 6th Circuit Court of
Appeals overturned that longstanding practice in The National Cotton
Council of America, et al., v. United States Environmental Protection
Agency. The court ruled the EPA did not have the authority under the CWA
to exempt application of pesticides. Last year, Rep. Lucas joined several
of his colleagues and supported a petition to the Supreme Court to hear
the case, but the petition was rejected.
This is companion legislation to the Senate measure unveiled last Friday in the Senate by Saxby Chambliss and Blanche Lincoln. Click on the LINK below to read more about the House measure- plus we have comments from Congressman Lucas on the battle to counteract this disruptive court ruling that could prove to be devastating to US agriculture.
The Fertility gods were not with the 2010 Wheat Crop- at Least in Terms of Protein Content
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Environmental conditions were a major factor in the relatively low protein levels we saw in the 2010 wheat harvested this past June in the state of Oklahoma. Dr. Brian Arnall of Oklahoma State University told us that weather conditions helped this year's wheat crop produce more bushels and higher test weights, but protein levels were diluted. In some cases, wetter than normal conditions prevented the wheat crop from developing roots that could reach down to where the protein was sitting in the soil profile.
Arnall tells us that wheat producers should consider making two
applications of fertilizer- a preplant application early on and then a
topdress as the crop begins to grow in the late winter/early spring to
provide that shot of nitrogen when the wheat crop can use it to make
protein in the grain.
We also discussed liming fields and the longer term benefits that will bring in. A higher pH can help with nutrient utilization- as well as with the elongation of the time that some of our key herbicides- especially the Sulfonylurea class of chemicals. Click on the LINK below to jump to our web story- complete with a great interview with one of the rising stars in the OSU Division of Agriculture- Brian Arnall.
Goober Growth in 2010
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Mike Kubicek of the Oklahoma Peanut Commission says that the planted acres of peanuts in the state have jumped higher in 2010 versus 2009. The acreage number in 2010 is right around 20,000 acres. Acreage of what was once the most profitable spring planted crop in the state has been declining since the end of the federal price support system that peanuts were produced under. Disease in some of our traditional growing areas and market uncertainty after the Federal buyout was implemented pushed hundreds of peanuts growers out of the business.
But the tide has turned this year. Kubicek writes to us in an email
"The actual "certified" acres report will be released in the coming weeks
after county FSA offices file late planted updates. The final number could
exceed 20,000 acres- a 33%+ expansion reversing the downward trend of the
past several years.
Mike adds that "Oklahoma has returned to its roots- as Spanish peanuts make up about 46% of the acreage being grown this year. Surprising is the Virginia acreage growth over the Runner acreage. However, with the release of the new high grading Red River Runner for production next year, Runner acres may expand quickly."
20th Annual Southern Plains Beef Symposium- This Saturday in Ardmore!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It has been called the best one day cattle industry seminar in the country- and it will be a dandy again here in 2010. The Southern Plains Beef Symposium is jointly sponsored by the Noble Foundation and OSU Extension- and will feature a top notch trade show, a program that is second to none and the traditional prime rib lunch.
Kicking off the morning program is Dr. Ron Gill of Texas A&M who will demonstrate Stockmanship & Stewardship Cattle Handling. Later in the day, you will hear from Colin Woodall of NCBA on what's going on in Washington, Dr. Dan Thomson of K-State touting the idea of a National Animal Care Standards Board, Sally Northcutt who is now with the American Angus Association who will talk about DNA based selection tools and finally Dr. Derrell Peel of OSU- who will talk cattle market outlook.
Registration is $25- which includes lunch and information that will
help the bottom line of your cattle operation. Click on the link below for
more information- or you can call for more info at 580-224-6411.
Watching Twitter- Bull Rises to the Top!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Finally, we wanted to leave you with a LINK this morning that will produce a chuckle or two- and provides a best management tip for our cattle producers- don't turn your back on a pair of young bulls- they're probably up to no good!
The Youtube is a commercial from overseas that may not sell too many trucks- but it has harvested a lot of laughs.
Our thanks to the Farmers Guardian publication in the United Kingdom for Tweeting this overnight. Speaking of Twitter- follow us and you can keep up to date on farm news as we post it on our website through the day- and often when we are covering an agricultural meeting- we tweet from the meeting and you can either follow us directly on Twitter to get those updates- or go to our website and see the last four posts we have from whereever we are- our Twitter widget is on the right hand side of the page- scroll down below the weather. Our Twitter handle, by the way, is Ron_on_RON.
Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, KIS Futures and Big Iron Online Auctions 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- FREE!
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 $8.15 per bushel- as of the close of business yesterday, while the 2011 New Crop contracts for Canola are now available are $8.35 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: