From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Thursday, November 29, 2012 5:22 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 $10.83 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
   Thursday, November 29, 2012
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
internationalteamInternational Team, USDA Sequence Bread Wheat's Large and Complex Genome 

 

Bread wheat (Triticum aestivum) is one of the "big three" globally important crops, accounting for 20% of the calories consumed by people. Fully 35% of the world's 7 billion people depend on this staple for survival. Now an international team of scientists, including participants from the USDA, has completed the first comprehensive analysis of its full genome. 

 

"By unlocking the genetic secrets of wheat, this study and others like it give us the molecular tools necessary to improve wheat traits and allow our farmers to produce yields sufficient to feed growing populations in the United States and overseas," said Catherine Woteki, USDA's Chief Scientist and Under Secretary for Research, Education and Economics.   

 

To put the huge size of the bread wheat genome into context, its constituent number of paired DNA bases, or nucleotides, totals 17,000,000,000 base-pairs (17 Gb). This is about five times the amount of DNA in the human genome. However, as much as 80% of the bread wheat genome consists of repetitive sequences. Because of the way genomes are usually sequenced - by stitching together hundreds of millions or billions of tiny fractions of a full genome -- the bread wheat genome's size makes it very hard to determine which part of the genome any particular sequence has come from, and whether it is a unique or repeat sequence.

To tackle this challenge, scientists used "next-generation" sequencing techniques, in which the DNA is broken up randomly into numerous small segments and assembled into longer sequence "reads" by identifying the overlapping ends. The sequence "reads" generated for bread wheat were then compared to those from the known sequences of a diverse range of grasses, including rice and barley.

 

"These results should have an significant impact on breeding efforts and further research studies of the wheat genomes and  those of its wild relatives," said Dr. W. Richard McCombie of Cold Spring Harbor Laboratory.   

 

You can read more about the project and find a link to the full study by clicking here.

 

To read more about the USDA's participation in the project, click here.

 

 

Sponsor Spotlight

 

 

We are excited to have as one of our sponsors for the daily email Producers Cooperative Oil Mill, with 64 years of progress through producer ownership. Call Brandon Winters at 405-232-7555 for more information on the oilseed crops they handle, including sunflowers and canola- and remember they post closing market prices for canola and sunflowers on the PCOM website- go there by clicking here.   

 

 

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- 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. 

 

 

ethanolindustrygroupsEthanol Industry Groups Claim Chain Restaurants Serving Up RFS Scare Tactics 

 

The Renewable Fuels Association claims the fast food industry is playing fast and loose with the facts when it comes to the impact of the Renewable Fuel Standard (RFS) on food prices. Bob Dinneen, president of the RFA, says that, in both a study released this morning and in a Wall Street Journal guest opinion piece, the National Council of Chain Restaurants managed to avoid any discussion of what really drives food prices-energy costs.

"Clearly, Big Food and Big Oil are on the defensive. They lost in their bid for a waiver of the RFS, so now they are resorting to super-sized myths about the impact of the RFS on food prices. Every reasonable analysis of the factors influencing food prices has concluded that the cost of diesel fuel, gasoline, and other energy inputs is the major driver. This study conveniently avoids that issue," said Dinneen, President of the Renewable Fuels Association. "The bottom line is the RFS is working. Renewable fuels have already displaced 10% of annual gasoline demand and dramatically lowered fuel costs for all Americans."

"The true culprit behind rising food prices is the cost of energy, and in particular oil," said Tom Buis, CEO of Growth Energy. "Only 14 percent of the price of food is attributable to the cost of the commodity, while the rest can be attributed to energy costs and marketing. The processing, packaging, wrapping, storage, refrigeration and transportation costs are the true drivers in price increases. They are all energy intensive - it takes a lot to bring food from the farm to the table. And that does not include the countless dollars used to market a product." 

 

Click here to read more of this story.

 

canskyrocketingCan Skyrocketing Land Prices Hold?

 

In his latest column for the University of Tennessee's Agricultural Policy Analysis Center, Daryll E. Ray examines the possibility of a farm land bubble developing due to high commodity prices.

In recent weeks we have seen a flurry of reports of record or near-record cropland prices across the corn belt: 

  • On Thursday, October 25, 2012, an 80.47 tract of land in Iowa sold for $21,900/acre. Earlier in that week, another parcel of prime Iowa farmland sold for $19,100/acre.
  • In Nebraska, 1,855 acres were sold on November 8, 2012 for $15.13 million or an average of $8,156.33/acre with some parcels selling in excess of $11,000/acre.
  • North Dakota saw an 80-acre parcel of sugar beet and potato farmland going for $800,000 or $10,000 an acre; it too was sold on November 8.

"'Any time you have an asset that doubles in value over a decade, there is cause for concern about how sustainable that growth is,' said Richard A. Brown, chief economist at the Federal Deposit Insurance Corporation."

You can read more of Daryll Ray's analysis by clicking here.
 

partialcornstoverPartial Corn Stover Removal Reduces Management Challenges

 

Corn residue increases proportionally with corn yields, creating management challenges for growers. To help address those, agronomists and scientists from DuPont Pioneer and DuPont Industrial Biosciences teamed up to conduct research on the impact of residue removal on the long-term agronomic and environmental integrity of fields. Stover is also evaluated for cellulosic ethanol production, which has benefits for both farmers and biofuel producers.

"In fields where partial stover removal is an option, a sustainable stover harvest program provides value to the grower without negatively impacting the health and productivity of the soil," says Andy Heggenstaller, DuPont Pioneer agronomy research manager for cellulosic ethanol. "There are three primary factors we examine with growers considering stover harvest, including field productivity level, crop management practices and erosion potential."

Individual field evaluation is necessary as stover removal is not an option for every field. In some highly productive systems, residue may even be excessive as a result of increased yields, improved stalk quality and reduced tillage practices. Highly productive, relatively flat, continuous corn fields are best suited for stover removal and tend to see the greatest agronomic benefits. In these fields, corn stover production generally exceeds the minimum amount needed to maintain soil health and productivity, making sustainable stover harvest a viable option.

 

You can read more by clicking here.

 

osufactsheetOSU Fact Sheet Tackles Management of Cows with Limited Forage Availability

 

In the latest edition of the Cow-Calf Newsletter, Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist, examines alternate feeding methods for cows and calves as the drought continues.

Most of the cow calf producers of the Midwest and Southwest are going into winter with very limited hay supplies and standing forage. As they search for alternative methods to keep the cows in adequate body condition this winter, some were planning on wheat pasture that so far has not received enough rain to grow. Therefore it has become time to look for Plan B (or C or D). Most of the alternatives after wheat pasture are not easy or inexpensive.   

Information that may provide guidelines for alternative winter feeding methods can be found in an Oklahoma State University Extension Fact Sheet: ANSI-3034 called "Management of Cows with Limited Forage Availability." In this fact sheet you will find:  

  • Culling suggestions (if that has not already been done);
  • Recommendations about how much hay is needed if it is to be purchased;
  • Limit-feeding grain with limited forage available
  • Suggested complete diets for cows fed in drylot
  • Limit energy concentrate feeding management tips
  • Limit feeding of hay

 

 

nppcsaysNPPC Says Junk Science Used to Scare Pork Consumers

 

On the day the U.S. Food and Drug Administration suspended a company's production because of salmonella-tainted organic peanut butter, the advocacy group Consumers Union published an article - in its magazine Consumer Reports - designed to scare consumers into purchasing only organic pork by using junk science against pork from conventionally raised hogs, says the president of the National Pork Producers Council.

"Consumers Union resorted to sensationalism because the 'science' it used wouldn't stand up to even elementary scrutiny," said R.C. Hunt, a pork producer from Wilson, N.C., and president of the NPPC. "It's another attempt by that advocacy group to push a social agenda that is not based on science and one that, if successful, would take choice away from consumers."

NPPC and scientists such as Dr. Scott Hurd, former U.S. Department of Agriculture deputy undersecretary for food safety, strongly criticized Consumers Union for attempting to link antibiotics use in food animals with antibiotic resistance in humans and for ignoring more than 15 years of data from federal public health agencies, showing significant reductions in bacteria on meat.  

 

You can read more by clicking here.

 

 

LucasChairLucas Wins Second Term as Chairman of the US House Agriculture Committee
 

Rep. Frank Lucas of Oklahoma issued the following statement after the House Republican Conference re-elected him to serve a second term as Chairman of the Agriculture Committee for the 113th Congress.

"It is an honor to serve in this leadership position and I am grateful for the opportunity to continue working on behalf of America's farmers, ranchers, and rural constituents.

"I am proud of the work the Committee has completed over the past two years. We have provided valuable oversight of the Commodity Futures Trading Commission, the U.S. Department of Agriculture, and the Environmental Protection Agency to ensure that our agricultural producers are not burdened with unreasonable and costly regulations.

"And, we advanced a strong, reform-minded, fiscally responsible farm bill that can save billions of dollars and provide certainty to our agricultural producers. This process is not complete though I am confident that it's just a matter of time.

"I look forward to working with my colleagues to ensure the health and vitality of production agriculture and rural economies."

MEANWHILE- work in Washington continues on the Fiscal Cliff deal- and that may include a five year farm bill embedded into it. We will be talking with Congressman Lucas later this morning in advance of a lunch planned with Ag Secretary Tom Vilsack- and that will also include the rest of the top House and Senate Ag Leadership- check back on our website midday today to be able to hear our visit with the Chairman.

 


usbeefU.S. Beef Industry Leaders Expected to Attend Alltech's Global Beef 500

 

While December is often a popular time to attend statewide cattlemen's conventions, many of today's leaders in the beef industry are making a round-trip to Lexington, Ky., to explore the latest advances in nutritional technologies and share ideas for keeping their operations efficient, profitable and sustainable. Alltech's fifth annual Global Beef 500 will take place December 4 to 6 and is expected to draw more than 500 beef producers.

Steve Van Dyke, who owns a cow/calf operation near Brookings, SD, attended Global 500 last year for the first time and would like to attend again.

"The Global 500 was different from other beef events I've attended because it offers a worldwide perspective on beef production, beef sustainability and beef quality improvement," said Van Dyke. "Alltech's Global 500 provides information to people in all phases of beef production, but always in an insightful way."   

This year's agenda seeks to once again offer some insight on topics such as branding beef, social media, employee training, decreasing carbon footprints and mycotoxins as well as many presentations that will address the core theme for the event, the EPS principle- Efficiency, Profitability and Sustainability.

 

Click here for more details and registration information. 

 

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