Support Our Sponsors!
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
Market Links are a service of Oklahoma Farm Bureau
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.
price for canola was $11.14 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.
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
Thursday, December 6,
Farm Show Begins It's 19th Annual Run- Today
Tulsa Farm Show starts its three day run this
morning- and will continue all day Thursday,
Friday and wrap up at 4 PM on Saturday afternoon.
It's the 19th year for the Tulsa Farm Show- and
Marketing Manager for Midwest Farm Shows,
John Sampson, has been around for
all of them. He has been excited each year as the
show has grown to a point where here in 2012-
commercial exhibits have spilled over into the
lower level of the Quik Trip Center for the first
captured some of this year's excitement with John
as we talked with him on Wednesday afternoon as
the move in of the some 350 exhibitors was
underway- and getting close to being
complete. Click here to read our story and
listen to our conversation with John
we hope that you will come to this year's show,
stop by our Radio Oklahoma Ag Network booth- and
sign up for our special giveaway for 2012- an
8,000 lb. winch by Smittybilt. It has a 5
1/2 horsepower motor and comes with a 12' remote
cord. It has 94 feet of cable, a fairlead,
weighs 80 lbs., and will mount to almost any brush
guard used by larger pickups. Tim at
Perfection Equipment (our partner in this
giveaway) says a lot of farmers bolt this
winch to a flatbed trailer and use it to load
cars, logs, and other heavy equipment. He's
also sold quite a few to deer hunters who mount
them on the front or rear of their Jeeps.
Truck Parts and Equipment handles accessories for
almost any truck. They do everything from
mounting Tommy Gates and headache racks on Toyota
Tundras to working on 60-ton cranes. Their toll
free number is (800) 888-7326.
by and saw howdy- we'll be around Thursday and
Friday this year- before heading back over to OKC
for thejoint meeting of the Wheat and
Sorghum folks on Saturday at the Express
Events Center in Oklahoma City.
We are pleased to
have American Farmers & Ranchers
Mutual Insurance Company as a
regular sponsor of our daily update. On both
the state and national levels, full-time staff
members serve as a "watchdog" for family
agriculture producers, mutual insurance company
members and life company members. Click here to go to their AFR
website to learn more about
their efforts to serve rural
proud to have Winfield Solutions
and CROPLAN by Winfield as a
sponsor of the daily email- and we are very
excited to have them join us in getting
information out to wheat producers and other key
players in the southern plains wheat belt about
the rapidly expanding winter canola production
opportunities in Oklahoma.
Winfield has two
"Answer Plots" that they have planted at two
locations in Oklahoma featuring both wheat and
canola- one in Apache and the other in
Kingfisher. Click here for more information on
the CROPLAN Genetics lineup for winter
Farmers and Rural Communities to Congress: 'Don't
Let Us Down'
a letter delivered to Members of Congress this
week, 42 organizations and 149 businesses which
serve dairy farmers and rural communities called
on federal lawmakers to review the dairy policies
that have contributed to the financial crisis
experienced by the majority of dairy farmers
across the United States.
stated, "Federal dairy policies have been
hammering dairy farmers for more than 30 years.
There were 600,000 U.S. dairy farms in 1976,
dropping to 131,509 by 1992, and to 51,481 by
2012. It is unthinkable that Congress continues to
formulate policies that will likely be responsible
for a continued decline in the number of U.S.
dairy farms. This crisis in not just
affecting farmers and their families, but also the
entire rural economy.
"The federal milk
pricing formula leaves dairy farmers unable to
cover their basic cost of production, but equally
important is the loss of a substantial number of
support businesses that fold when dairy farmers
are not paid enough to cover the bills they owe
these service providers and suppliers."
neither the House nor Senate draft farm bills make
these needed reforms, the letter urges lawmakers
to, "take swift action to implement equitable
federal dairy policies based on fairness and cost
of production in the dairy provision of the 2012
Click here for our website where
you'll find a link to the dairy producers' letter
and a full list of its signers.
Alexander Takes Pride in NCBA's Successes on
Government Regs, Trade
the farm bill still in limbo and drought still
taking its toll, 2012 has not been an easy year to
head the National Cattlemen's Beef Association,
but its president, J.D.
Alexander, says there are several
successes beef producers can be proud of in
"The thing that we look at is over
the past year we have always said if you cannot
legislate, you regulate. And the thing that we
have got to be here for every day in and day out,
looking out for our fellow producers, is to make
sure that the regulatory agencies are not putting
over-burdensome things on our producers. So we've
been able to monitor such things as the dust
legislation, air, water, and so on, to make them
The Obama administration did move
forward on three trade agreements that had
languished since the end of the George W. Bush
administration. Alexander said these types of
agreements are good news for beef
"We're believers in world trade.
And I think when trade works, the world wins. We
as a beef producer really have to look at these
and, yes, we've hit some good home runs on this
through the TPP agreements and free-trade
agreements with Panama, Columbia, and South Korea.
We sell about ten
percent of our product to 96 percent of the
world's populations, though it leaves huge
potential out there for beef producers. And we
will do everything we can to increase these
markets and continue to work on our exports and
developing further free-trade
J.D. Alexander joins us on the latest
Beef Buzz. Click here for more.
Soy Exports Remain Strong During 2011-2012
soybean farmers continue to reassure international
customers of U.S. soy by meeting demand with
high-quality soybeans. According to U.S. Census
Bureau figures, U.S. soybean farmers exported more
than 1.8 billion bushels of U.S. soy during the
2011-2012 marketing year, compared with
approximately 2 billion bushels in 2010-2011. The
2012 export numbers include 1.3 billion bushels of
whole soybeans, meal from more than 404 million
bushels of soybeans and the oil from 126.5 million
bushels of soybeans. U.S. soy exports this year
are valued at more than $23 billion.
farmers harvested 3.05 billion bushels of soybeans
last year, so these exports represent about 55
percent of that production. Soy customers in
China, the largest importer, bought almost 850
million bushels of whole soybeans, or more than
one out of every four rows U.S. farmers grew.
"Our customers' main concern has been
whether we were going to be a reliable supplier,"
says Sharon Covert, soybean farmer from Tiskilwa,
Ill., who leads USB's International Marketing
program. "The checkoff continues to assure them
that while we may not have as many bushels per
acre, we are a reliable supplier of high-quality
Click here for more of this
Scientist and Administrator Bob Westerman
Announces Retirement from
State University's Robert L.
Westerman has seen the state and its
agricultural industries change and then change
again in his 40 years as first a student and then
a faculty member with the Cowboys.
Westerman is set to ride off into the
sunset on Jan. 10, retiring after a career of
service and scientific discovery that has helped
strengthen and diversify Oklahoma's agricultural
industries and the businesses and communities that
rely on them.
"I know of no other person
who has been more loyal, not only to the
university, but to all of Oklahoma agriculture; he
has a true understanding of what it takes to apply
research to the field," said Joe Neal
Hampton, president and chief operating
officer of the Oklahoma Grain and Feed
Association, Oklahoma Agribusiness Retailers
Association and Oklahoma Seed Trade Association.
You can check out the full story of
Bob Westerman's incredibly productive career at
OSU by clicking here.
Support National FFA Organizations to the Tune of
$16.2 Million in 2012
and individual contributions to the National FFA
Foundation in 2012 to support national FFA
programs and agricultural education climbed to
more than $16.2 million.
this year exceeded the $15.8 million donated in
2011 and $15.6 million in 2010. Individual giving
also rose to $558,000, up from $475,000 a year ago
and $292,000 two years ago.
Health gave $1.27 million to FFA this year to link
veterinarians in local communities with FFA
members planning careers in animal health. Other
million-dollar corporate contributors were CSX
Transportation and RFD Communications, which
operates RFD-TV and Rural TV. Monsanto provided
more than $890,000 to support national student
leadership conferences, educational awards,
awareness campaigns and more.
You can read more by clicking
Tax Strategies Leave More Money in Producers'
Pockets, Ag Economist Says
Ben Franklin once noted, the only two things one
can count on with certainty are death and taxes.
Job Springer, an ag economist
with the Samuel Roberts Noble Foundation, writes
in their latest Ag News and Views Newsletter that
most Americans go to extra lengths in order to
delay them both as long as possible.
and expenses generated from entities such as a
sole proprietorship, partnership, limited
liability company (taxed as a partnership) and a
sub S corporation are reported on the owner's
personal income tax return. It is in the best
interest of each business to eliminate all
unnecessary expenses, and, from a business
standpoint, taxes are considered an
way to do this, Springer explains, is to know
one's Adjusted Gross Income as early as possible
before the end of the year so as to be able to
make decisions which could lower one's tax
liability. These can involve pulling
purchases of capitol assets from next year into
this year, or prepaying some expenses from next
year this year. He says these must be
handled carefully according to IRS guidelines.
You can read more on implementing
Springer's specific strategies by clicking
You can reach us at the following: