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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!
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 $11.46 per bushel- based
on delivery to the Northern AG elevator in Yukon Monday.
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.
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Friday, September 21,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Speaker
Boehner Buries Farm Bill for Now; Ag Groups
Respond
The
Speaker of the House of Representatives,
John Boehner, told reporters that
he will not bring the 2012 Farm Bill to the floor
for consideration before the current law expires
Sept. 30. He said he would deal with the bill
after the upcoming elections.
House
Agriculture Committee Chairman Frank
Lucas said he does not yet have any
indication from Boehner the bill will be called up
in the lame-duck session.Lucas and the House Ag
Committee did not issue an official statement
yesterday- but we were in Chickasha last night for
the Apache Farmers Coop dinner- and the Lucas Ag
Aide in Oklahoma, Garrett King, indicated to that
group of farmers that Lucas is still working on
either getting the five year bill off dead center-
or getting at least a full one year extension. He
also reminded farmers that while the 2008 farm law
expires when the calendar rolls over to October-
for the Commodity title programs- including for
the wheat crop we are now trying to plant- there
should not be too much concern as long as
something can be cobbled together by the end of
this calendar year.
Boehner
said some House members believe there is too much
reform in the 2012 Farm Bill and other members
believe there is too little. He said he doesn't
believe he has 218 votes to pass the
bill.
Ag
groups--for and against--responded quickly to
Boehner's announcement.
Scott
Faber of the Environmental Working Group
applauded Boehner "for his wise decision to
reject the terrible farm bill produced by the
House Agriculture Committee. The committee
proposed to increase farm welfare at a time of
record farm income - and to cut programs for the
poor and the environment in order to lavish new
subsidies on highly profitable farm
businesses." Read more from Faber by clicking
here.
Roger
Johnson of the National Farmers Union saw
the issue differently. "NFU is deeply disappointed
with Speaker Boehner's comments this morning. It
is crystal clear that Republican leadership is
what is holding the farm bill hostage. While the
announcement comes as no surprise, punting the
farm bill into the lame duck session is a
transparent political maneuver that leaves rural
America holding its collective breath about its
livelihood and future." Click here for more from Roger
Johnson.
The
Dairy Farmers of America reacted as well, calling
on Congress to act on the farm bill soon. You can read their comments
here.
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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.
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Inhofe
and Pryor Introduce Bill to Exempt Farmers
From SPCC Rule
Senator
James Inhofe (R-OK), Ranking
Member of the Senate Committee on Environment and
Public Works, and Senator Mark
Pryor (D-AR), introduced S. 3559, a bill
that would amend the Environmental Protection
Agency's (EPA) Spill Prevention, Control and
Countermeasure (SPCC) Rule and ease the regulatory
compliance for farms. Companion legislation, HR
3158, recently passed in the House without a
single objection.
"I am pleased to join my
good friend Senator Pryor to introduce this
bipartisan bill that exempts most farmers from
EPA's over-burdensome, costly Spill Prevention,
Control and Countermeasure rule," Senator Inhofe
said. "The SPCC rule was designed for major oil
refineries, not farmers with small oil tanks. Our
bill ensures that farmers in Oklahoma and across
the nation will not have to navigate this
unnecessary regulatory process, especially since
there is virtually no history of oil spills from
agricultural operations. Companion legislation
passed without a single objection in the House,
and I look forward to working with my colleagues
in the Senate to achieve similar bipartisan
success."
"The EPA's proposed fuel storage
rules would force thousands of farmers to pay for
costly infrastructure projects - along with an
extensive inspection and certification process -
that they simply don't need," Senator Pryor said.
"By exempting small farms from this regulatory
overreach, our bipartisan bill would save farmers
millions in unneeded costs."
There's more of this story on our
website. Click here to go there.
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Dayle
Hayes is an award-winning registered
dietitian, author, and educator who brings a
delightful blend of practicality and pizzazz to
everyday nutrition advice. She works with Dairy
Max in the southwestern United States and was the
featured speaker at a luncheon for the Oklahoma
Action for Healthy Kids Coalition recently. She
spoke with us about the controversy brewing over
the current school lunch and breakfast program
guidelines from the USDA. "All kids in America are
missing some nutrients," Hayes said. "Nearly all
kids in America are missing physical activity. So
how can we, in a positive way, address those
problems?
New guidelines from the USDA
regarding the nutritional content of school
breakfast and lunch menus are sparking a lot of
controversy. Portions are smaller. Menus include
more fruits, vegetables and whole grains. Just
about everything students were used to has
changed. While evolution and changing standards
may be good, Hayes says the process could have
been improved.
"The first thing I want to
say is that I'm sorry it's become a polarized
controversial issue. This is about children's
health and we should approach it in a scientific,
rational way. And now, like many other things, it
has become very polarized in terms of how people
are viewing it. And that is because... it went
into the political arena. And we have the
Whitehouse and other folks interested in it. To
me, I think that's a detriment to children's
health.
"We did need to revamp the school
meal pattern. If we look at what the school meal
pattern had been for 15 years, yes, we needed to
take a new look at that. And some of the things
that we have in the new meal pattern I am totally
behind. In other words, there's more fruits,
there's more vegetables, there's whole grains. We
still have low-fat milk. So, there's really some
good things.
"I wish we had done a little
more pilot testing. If we had not rolled it out to
the whole country, if we'd been able to try it in
a few schools and work out some of the kinks, I
think we might be in a better place today."
You can listen to our full
conversation by clicking here.
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Additional
Wheat Acres May or May Not Impact Prices, Anderson
Says
More
wheat acres are expected to be planted in 2012 and
Lyndall Stout talks to
Kim Anderson about possible
impacts to wheat prices in a preview to this
week's SUNUP show.
"The
first thing we've got to think about is if it
doesn't rain, there probably won't be a price
implication. The hard red winter wheat planted
acres they'll probably be about the same as they
were last year. Soft red winter wheat acres
will be slightly higher. And a lot of that will go
into the feed wheat with the tight corn stocks.
And the spring wheat acres which were down a
little bit this last year will probably be higher.
That'll move into the milling and baking
area.
"I
don't think it's going to have any price impact
until we get into the February-March time period.
Right now we're going to have to deal with the
U.S. and world stocks as they are."
You
can listen to more of Lyndall Stout's interview
with Kim Anderson plus view the full lineup for
this week's SUNUP show by clicking here.
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NCBA
Tackles 'Death Tax' as Major Issue Facing
Producers
With
the end of 2012 right around the corner, fears are
growing that the United States will go lurching
off the edge of a fiscal cliff as the tax code
reverts to higher rates in several different areas
including capital gains and the "death" tax. The
House of Representatives voted this summer to keep
the estate tax exemption at the $5 million level
with a 35% tax rate. The Senate has yet to take up
the bill.
Kent Bacus,
associate director of legislative affairs for the
National Cattlemen's Beef Association, says that
is the biggest issue facing agriculture as 2012
draws to a close.
"If Congress fails to
act, then we're going to see our current estate
tax exemption level fall from $5 million per
individual and $10 million per couple at a tax
rate of 35 percent to a $1 million exemption level
and a 55 percent tax rate. That keeps a lot of us
awake at night because that's going to affect a
lot of our farm and ranch families."
it's
the classic case of the squeaky wheel gets the
grease- NCBA believes that farmers and ranchers
must shout out on this issue to make sure it foes
not get left off the list of "must deal with"
issues for the Lame Duck that has been predicted
after the November elections.
You can read more of this story by
clicking here.
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Crop
Insurance Adjusters Work Over-Time to Expedite
Claims
Crop
insurance adjusters in the Corn Belt and in other
drought-stricken areas have been working long
hours to ensure that farmers who have crop damage
can get their claims process started. With 5,000
adjusters working in all 50 states, the industry
has been forced to move adjusters from regions
spared from the drought to regions that have been
hardest hit.
Tim Totheroh, a crop insurance
adjuster from Wellington, Illinois, says that his
workload this year has grown exponentially. "I
have two to three times the number of claims I
usually have this time of year," he
said.
Totheroh notes that he's been shocked
on several occasions this year as he's walked
through once productive cornfields to see nearly
complete devastation. "I did a silage appraisal on
a field recently, and after walking a half mile
through the field in one direction and then
exiting the field in another direction, we failed
to see a single ear of corn," he said. "That's a
real jaw dropper, given the usual productivity of
this part of the state."
Click here to read more of this
story.
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This
N That- Cattle on Feed, Drought Final Weekend for
State Fair of Oklahoma
As
is often the case, the placements number in the
upcoming Cattle on Feed report
will be one of the figures that traders will be
paying the most attention to later today when USDA
releases the numbers- release time is 2 Pm central
time. Dow Jones reports that the average pre
report guess for animals placed in August is 92.7%
of the August placements in 2011. The on
feed number is expected to be almost unchanged
from a year ago, while marketings are predicted to
be 98.5% of August 2011. Check back on our
website, OklahomaFarmReport.Com on Friday
afternoon- we will have a story posted by mid
afternoon with comments from Tom Leffler of
Leffler Commodities on the actual USDA data that
will be released.
*********
The
latest Drought Monitor is out-
and even with the rains of last weekend-
exceptional drought expanded a bit when you look
at the latest numbers released Thursday morning.
The exceptional drought area (D4 drought) moved
around a bit compared to recent weeks within the
state- but as it did so- it expanded to 42.09%
versus 39.66% that was seen the last couple of
weeks. Click here for the latest map
released by Uncle Sam yesterday morning.
*********
It's
the final weekend of the 2012 State Fair
of Oklahoma- several breeds of cattle
will be showing over the next couple of days- and
you can go and enjoy a wonderful Pork Chop
Sandwich at the Oklahoma Pork Council booth at its
usual location- and then there is the Monsanto
America's Farmers Exhibit to check out as well. Click here for our calendar page-
we have a lot of these activities listed along
with a host of other stuff coming up this next
week that you may want to check out as well.
It looks like nice weather for the weekend- if you
like dry (so many badly need rain or face dusting
in canola and/or wheat)- and if you have the time,
we hope you'll enjoy some time at the State Fair.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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