From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Friday, November 09, 2012 6:02 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
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We 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 Markets! 

  

 

Our Market Links are a service of Oklahoma Farm Bureau Insurance


Ok Farm Bureau Insurance

 

Today's First Look:  

 

Ron on RON Markets as heard on K101  

mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.

 

Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.

 

Canola Prices:  

 

Cash price for canola was $10.80 per bushel- based on delivery to the Northern AG elevator in Yukon yesterday. The full listing of cash canola bids at country points in Oklahoma can now be found in the daily Oklahoma Cash Grain report- linked above.

 

Futures Wrap:  

Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day.

 

KCBT Recap: 

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 market. 

 

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.

 

Oklahoma's Latest Farm and Ranch News
 
Your Update from Ron Hays of RON
   Friday, November 9, 2012
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
americanfarmbureauAmerican Farm Bureau's Dale Moore Hopes for Productive Lame Duck Session 

 

The 2012 elections are over and not much has changed. We have the same president, the same Democrat-controlled Senate, and the same Republican-controlled House of Representatives. What does that mean for the future of farm policy?

I recently spoke with Dale Moore, Deputy Executive Director for the American Farm Bureau, about the immediate future.

For openers, Moore said, he would like to see Washington take on unfinished business in the upcoming lame duck session. He said he would like to sit down with the White House, the Senate, and the House and say, "'The playing field is pretty much the same map as we have now-a few changes here and there-so why not clean up what you've got already out on the field? We've got the farm bill.  We've got tax issues. We've got a whole barrel-full of issues surrounding sequestration, the budget and the fiscal cliff. Why not get those things cleaned up, get something in place? The election's over.   The campaigning's over-at least for 20 or 30 minutes. Why don't we sit down and try to get started on next year by cleaning up what we haven't gotten done this year?'"

Moore said that he sees plenty of opportunities to get the five-year farm bill passed in the lame duck session.

 

You can read more of Dale's comments or catch the audio of our full conversation by clicking here.  

 

 

Sponsor Spotlight

 

 

   

Midwest Farm Shows is our longest running sponsor of the daily farm and ranch email- and they want to thank everyone for supporting and attending the Southern Plains Farm Show this spring.  The attention now turns to this coming December's Tulsa Farm Show- the dates for 2012 are December 6 through the 8th.  Click here for the Tulsa Farm Show website for more details about this tremendous all indoor farm show at Expo Square in Tulsa.

 

     

 

We are proud to have P & K Equipment as one of our regular sponsors of our daily email update. P & K is Oklahoma's largest John Deere Dealer, with ten locations to serve you.  P&K is also proud to announce the addition of 6 locations in Iowa, allowing access to additional resources and inventory to better serve our customers. Click here for the P&K website- to learn about the location nearest you and the many products they offer the farm and ranch community.  

 

   

 
petersonurgesPeterson Urges House to Vote on Farm Bill Next Week 

 

U.S. House Agriculture Committee Ranking Member Collin C. Peterson, D-Minn., urged House Republican leaders to bring the Agriculture Committee's bipartisan five-year farm bill to the floor for a vote next week.

"The election is over so it's time to get to work. I'm optimistic that, if given the chance, we have the votes to pass a five-year farm bill. There is no good reason not to vote on the bill when we return next week, before Thanksgiving. This will give us the time we need to work out our differences with the Senate and get a new five-year farm bill signed into law by the end of the year.

"I remain opposed to an extension of any kind for any time."

 

uspoultryindustryUS Poultry Industry Urges Action on Russia PNTR in Lame Duck Session

 

The National Chicken Council (NCC), National Turkey Federation (NTF), U.S. Poultry & Egg Association (USPOULTRY) and USA Poultry & Egg Export Council (USAPEEC) joined more than 500 other trade associations and businesses under the umbrella of the Coalition for U.S.-Russia Trade in calling on Congress to "move quickly" in the days ahead to approve legislation enacting Permanent Normal Trade Relations (PNTR) with Russia.

In a similar letter to President Barack Obama, the coalition urged the president to work with Congress to ensure the passage of Russia's removal from the Jackson-Vanik legislation and establishment of PNTR with Russia.

Russia acceded to the World Trade Organization in August, and the coalition points out that U.S. competitors in Europe, China and elsewhere are happy to "step in and take advantage of meeting Russia's needs not only in infrastructure and modernization of its industrial base, but also the demands of a growing consumer class that is highly educated and appreciates quality." 

 

Click here to read more and find links to the trade associations' letters to Congress and the President.  

 

sidewayspatternsSideways Patterns Continue in Grain Markets, Anderson Says

 

Grain markets are moving sluggishly at the moment says Kim Anderson, small grains marketing specialist at Oklahoma State University. In a preview to this week's SUNUP program, Anderson says the markets are in somewhat of a holding pattern.

"The latest is just more of the same. The Kansas City Board of Trade December contract continues to wallow around between that $8.69 support level and $9.57 resistance level. I will say that on that December contract it has moved into the upper two-thirds or the upper third of that price range-just a slight upward trend on that December contract in that sideways pattern.

"If you look out at the July 13 contract, it does have an uptrend and if you had a resistance price level it popped through it last week and with this drought it just keeps going up."

Anderson said that Argentina and Australia harvests are coming in about as expected. He said quality may be down slightly due to some wet weather which also may lower yields slightly.

You can listen to Kim's full analysis and read the full lineup for this week's SUNUP by clicking here.

  

 

 

With the purchase of the Kansas City Board of Trade by the Chicago Mercantile Exchange Group last month, KCBT's hard red winter wheat contract is now traded almost around the clock.

Jeff Borchardt, president and CEO of the Kansas City Board of Trade, spoke with us in Kansas City and says the acquisition has many benefits for shareholders and market users alike.

"With the CME's resources we'll be able to give market participants more products and more trading opportunities with respect to Chicago-based products than they are currently able to do just under our roof. So, there's that advantage. The Chicago Board of Trade is a natural fit for the Kansas City Board of Trade because, obviously, they're the global benchmark for corn, soybeans, and their variety of wheat. And so to bring our global benchmark milling wheat contract in with theirs, it's a pretty natural fit."

Under the agreement with CME, Borchardt says there will still be a physical trading presence in Kansas City for at least six months. KCBT is the oldest company in Kansas City and has been there since its founding 156 years ago. Borchardt says there are hopes that the board's physical presence will continue. He said the board's futures contract and it's utility will not change, and CME has "committed to maintaining an advisory committee made up of our wheat contract committee members for at least three years. And that's a pretty good time frame to comfort the marketplace to know that nothing drastic is going to change any time soon."

 

You can read more of Jeff Borchardt's comments or listen to our full interview by clicking here.

 

gmoinside'GMO Inside' Campaign Claims Deceptive Cost Figures Defeated California Prop 37

 

A new coalition, focused on the right to know whether or not foods are genetically engineered, denounced the millions of dollars poured into anti-Prop 37 efforts by major corporations. The corporate campaign, financed by agribusiness, food and chemical giants such as Monsanto, Dupont, Dow, Coca Cola and Kellogg's, was designed to misinform and deceive the public about the cost of labeling claim organizers of the GMO Inside campaign.

"Corporations may have misled voters in California about GMOs, but they can't change the fact that over 90 percent of Americans support the labeling of foods with genetically engineered ingredients," said Alisa Gravitz, CEO of Green America. "The GMO Inside campaign will make it possible for all Americans to find GMOs in the food products in their homes and communities, label them, and switch to non-GMO foods instead. The campaign will show corporations that people will not complacently serve as lab rats for the testing of genetically engineered foods."

 

You can read more of this story on our webpage.  Click here to go there.

 

RatcliffRatcliff Ranch's Fall Production Sale Set for Tomorrow- Saturday November 10th

 

 

The Fall Production and Customer Appreciation Sale of Ratcliff Ranches will be happening tomorrow at the Ranch near Vinita, Oklahoma.  

 

Ratcliff Ranches is a commercial and registered
Angus and SimAngus seedstock producer and cow/calf
operation.  The Ranch, headquartered in Vinita,
Oklahoma, is always growing and changing its interests
to fit today's cattle market and consumer needs.
 

 

Owned by the J.L. Ratcliff Family, the Ranch is committed
to improving our genetics and utilizing cutting-edge
tools, like the Pfizer 50K Genomic test as another
opportunity to capitalize on an already solid genetic
program. 

 

On offer Saturday will be more than 850 Head including:


*
Nearly 70 Angus & SimAngus Registered Bulls - stout and ranch ready bulls.
*
150 Fall 1st Calf Pairs - Many A.I. sired salves by Right Answer (Selling S.A.V.).
*
40 Fall Pairs - 3 year old to 8 year old cows.
*
400 Spring Bred Heifers - Many with A.I. Service.
*
150 3 year old to 4 year old Spring Calving Cows.
*
40 Angus Cows - 4 year old to 7 year old (Papers Optional).
* Open Heifer Calves
  

 

For details- click here to jump over to their website for details about the Fall Production Sale.  

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, CROPLAN by Winfield, Oklahoma Cattlemen's Association and KIS Futures 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.

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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