invite you to listen to us on great radio stations
across the region on the Radio Oklahoma Network
weekdays- if you missed this morning's Farm News - or
you are in an area where you can't hear it- click
here for this morning's Farm news
from Ron Hays on RON.
Let's Check the
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
cash price for Canola is $11.84 per bushel- 2012
New Crop contracts for Canola are now available at
$12.06 per bushel- delivered to local
participating elevators that are working with PCOM.
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
February 15, 2012
Organizations Find Good News, Bad News In
President's FY 2013 Budget
industry groups find good news and bad news in
President Obama's proposed budget for Fiscal Year
2013. The president revealed his
$3.8-trillion proposal Monday.
National Council of Farmer Cooperatives
(NCFC) was quick to applaud the
administration's proposal to fully fund two
programs promoting U.S. exports. The NCFC said
support for the USDA's Market Access Program and
Foreign Market Development program offer a
tremendous return on investment. As programs
administered on a cost-share basis, neither is
capped under World Trade Organization
You can read more about the NCFC's
response by clicking here.
National Cattlemen's Beef Association, on the
other hand, blasted a provision in the president's
proposed budget which drastically lowers the
estate tax exemption and boosts its top rate. NCBA
President J.D. Alexander says the proposal to cut
the exemption from $5 million to $3.5 million and
increase the tax from 35 percent to 45 percent
threatens to tax agriculture out of business.
Obama has much to learn about the realities of
small businesses and production agriculture. Most
of these farm and ranch families are not wealthy.
Instead, their value is tied up in the land they
work and the equipment they use to provide a safe
and affordable food supply for a growing
population," Alexander said.
To read more about the NCCB's
response to the president's budget, click
are proud to have KIS
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- and their IPHONE App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your Iphone.
we are proud to have P & K Equipment/ P &
K Wind Energy as one of our regular sponsors of
our daily email update. P & K is the premiere
John Deere dealer in Oklahoma, with ten locations
to serve you, and the P & K team are excited
about their new Wind Power program, as they offer
Endurance Wind Power wind turbines. Click here for more from the P&K
NCC Executive Outlines STAX
the joint meeting of the National Crop Insurance
Services and American Association of Crop
Insurers, National Cotton Council President/CEO
Mark Lange laid out the circumstances that brought
the U.S. cotton industry to endorse a sweeping
change in cotton policy.
Speaking to their
convention in Scottsdale, Arizona, Monday, Lange
said the Stacked Income Protection Plan, or STAX,
allowed U.S. cotton to meet budget constraints,
provide meaningful risk management and address the
commodity's unique policy challenge -- the World
Trade Organization (WTO) Brazil case.
policy developed by the National Cotton Council
can be operated with a 30 percent reduction in the
CBO baseline for upland cotton," Lange stated.
"The STAX program is an extension of current
area-wide revenue based crop insurance products
and allows reasonably priced coverage for losses
that are not currently available. The National
Cotton Council has consulted with representatives
of the crop insurance industry and USDA's Risk
Management Agency in the development of the
He emphasized that crop insurance
products are extremely flexible and give producers
the opportunity to match the risk tools and
coverage to their financial situation.
You can read more about STAX by
Celebrates Golden Anniversary in Philippines
Wheat Associates (USW) celebrated 50 years of
partnership with Filipino flour millers, bakers
and noodle manufacturers at a reception and dinner
in Manila, Philippines, February 9. USW
representatives, U.S. wheat farmers and U.S.
diplomatic and agricultural officials joined about
150 guests at the Makati Shangri-La Hotel to honor
their customers in this developing island nation
of 94 million people.
"Few markets have
shown such consistent loyalty to U.S. wheat," said
USW Assistant Regional Director for South Asia Joe
Sowers, who served as master of ceremonies. "It is
that loyalty that keeps the Philippines a top
priority for USW and the wheat farmers we
Today, the Philippines is the
second largest importer of soft white and hard red
spring wheat in the world. The 12 Filipino flour
milling companies have recently imported an
average total of 1.7 million metric tons of U.S.
wheat per year. The Philippines imports more wheat
than any other U.S. agricultural product, with a
value of more than $500 million in three of the
past four years.
You can read more about USW in the
Philippines by clicking here.
for Ag Hall of Fame
deadline for making nominations for the Governor's
Outstanding Achievement Award in Agriculture is
rapidly approaching. Nominations will be
accepted only until the close of business this
Oklahoma Department of Agriculture, Food, and
Forestry (ODAFF) created the award in
1998 to honor leaders in the agriculture
industry who have exemplary personal values and
agricultural achievements in Oklahoma. The award
winner will be inducted into the Oklahoma
Agriculture Hall of Fame located at the Oklahoma
Department of Agriculture, Food, and Forestry.
Previous recipients of the award exhibited
high standards of conduct, leadership, innovation,
and accomplishment in agriculture. These
individuals were from different parts of Oklahoma
and many times were not widely known outside of
their specific agricultural groups or commodities.
However, each Hall of Fame inductee has served as
a community leader in addition to being an
agricultural producer who made a significant
impact on the lives of others.
service, iron determination, a love of farming and
willingness to take necessary business risks are
traits that unite the past honorees.
To read more about the award or to
make a nomination, click here.
OFB Leadership Conference to Focus
On Legislative Issues
legislative leaders will address Oklahoma Farm
Bureau county presidents Feb. 20-21, during the
annual OFB Leadership Conference at the Marriott
Hotel, 3233 Northwest Expressway, in Oklahoma
is a great opportunity for our county leaders to
meet with their legislators and discuss issues
important to rural Oklahoma," said OFB President
first day will feature a series of discussions on
Oklahoma water laws, estate planning and
employment laws. Also, Farm Bureau's coveted
Meritorious Service Awards will be presented
during the evening's conference banquet.
two will kick off with a legislative panel
featuring State Representatives Leslie Osborn and
Wade Rousselot and State Senators Sean Burrage and
Clark Jolley. The lawmakers will discuss the topic
of eliminating the state income tax.
For more details and a full
conference agenda, click here.
Commodity Classic Shatters
more than two weeks before the 2012 Commodity
Classic kicks off in Nashville, Tenn., the show
has broken all registration records. Last year,
total attendance set a record of 4,826 show
participants. This year, registrations for the
17th annual event have already surpassed the 5,000
mark with two more weeks left until onsite
"We are thrilled that
more and more growers and industry professionals
recognize the value of attending Commodity
Classic," said Commodity Classic co-chair Martin
Barbre. "Agriculture is both an exciting and
challenging way of life. Because Commodity Classic
addresses farming from a grower's perspective,
attendees find they can take information they've
gathered from the show and put what's practical
for their operations into the field."
farm families, first-time attendees and
agribusiness representatives will be at Commodity
Classic than ever before. To celebrate the record
breaking attendance, Commodity Classic's 5,000th
registrant, Kirk Zinkievich from Medina, N.Y.,
received a complimentary registration. "I'm amazed
how big the show has become," said Zinkievich. "It
just shows you the importance of agriculture
You can find out more about the
Commodity Classic and how to register by clicking
and That- Gallagher, Iba, Dixie National and
Sons of Duster have shown up- and the OSU Wheat
Improvement Team have declared them worthy of
being named. Two new varieties of Hard Red
Winter wheat have been unveiled by Dr.
Brett Carver- wheat breeder deluxe at
Oklahoma State University. The two new new
varieties sound like a building OSU Cowboy fans
hold in high regard- Gallagher and Iba.
the extremely tough 2011 growing season- Iba
bested Daddy Duster while Gallagher matched the
parent in average yield at eight sites across the
state. Of the two, Iba was also checked for
forage- and blew away several other notable graze
and grain varieties- producing over 3,100 pounds
of forage. Click here for more details about
these two new varieties that have come out of
the parentage of Duster and from the breeding
program of Dr. Carver.
congrats to the OSU Livestock Judging Team, which
blew away the competition at the Dixie National
Show a week ago down in Jackson, Mississippi. Dr.
Mark Johnson, who coaches the squad for the Animal
Science Department, says all 17 members of the
team are Juniors and ANSI majors- and he tells us
that their second competition of the year was a
dominating performance. Five of the overall
individuals were OSU students- and the three top
individuals in giving reasons were OSU Cowboys.
Highlighting the Cowboy lineup was
Jake Warntjes, High
Individual Overall and 2nd High Individual in
Reasons. He was followed by Jamie
Bloomberg- 4th High Individual Overall
and 3rd High Individual in Reasons.
Morgan Meisenheimer was the
High Individual in Reasons.
a quick reminder that we will be traveling with
Class XV of the Oklahoma Ag Leadership
Program as we eventually end up in
Edinburgh, Scotland early Thursday morning. The
ten day international study program includes lots
of stops on cattle, sheep and horse farms- plus
Universities, the European Headquarters for
Alltech and a lot more. We will have daily
coverage via this email and on our website as
well- starting soon after we get our boots on the
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