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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
We have a
new market feature on a daily basis- each afternoon we
are posting a recap of that day's markets as analyzed by
Justin Lewis of KIS futures- and
Jim Apel reports on the next day's
opening electronic futures trade- click
here for the report posted yesterday afternoon
around 5:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Cash price for canola was
$11.02 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
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
Friday, February 1,
Proposes 2013 Renewable Fuel
U.S. Environmental Protection Agency (EPA) is
proposing the 2013 percentage standards for four
fuel categories that are part of the agency's
Renewable Fuel Standard program (RFS2).
The proposal will be open for a 45-day
public comment period and EPA will consider
feedback from a range of stakeholders before the
proposal is finalized. EPA continues to support
the use of renewable fuels within the
transportation sector through the RFS2 program,
which encourages innovation, strengthens American
energy security, and decreases greenhouse gas
The Energy Independence and
Security Act of 2007 (EISA) established the RFS2
program and the annual renewable fuel volume
targets, which steadily increase to an overall
level of 36 billion gallons in 2022. To achieve
these volumes, EPA calculates a percentage-based
standard for the following year. Based on the
standard, each refiner and importer determines the
minimum volume of renewable fuel that it must
ensure is used in its transportation
The proposed 2013 overall volumes and
- Biomass-based diesel
(1.28 billion gallons; 1.12 percent)
biofuels (2.75 billion gallons; 1.60 percent)
biofuels (14 million gallons; 0.008 percent)
renewable fuels (16.55 billion gallons; 9.63
You can read more of this story by
are proud to have P & K
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Oil Mill, with 64 years of progress
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Fuels Groups Appreciative of EPA
Renewable Fuels Association was quick to applaud
the EPA's release of its proposed rule for 2013
Renewable Fuel Standard (RFS) volumetric
requirements. The proposal waives the cellulosic
biofuel requirement from one billion gallons to 14
million gallons, but retains overall advanced
biofuel and renewable fuel requirements.
CEO Bob Dinneen said, "The 2013
RFS requirements will be the catalyst that finally
compels oil companies to get serious about
breaching the so-called blend wall. This year's
RFS requirements will necessitate the use of more
E15, E85 and other higher-level blends. Injecting
larger volumes of biofuels into the U.S. fuel
supply and spurring a more rapid transition to
domestically produced renewables is exactly what
the RFS was intended to do. The program is working
as envisioned by Congress. You can read more
of his comments by clicking here.
Growth Energy's CEO, Tom Buis,
applauded the EPA proposal.
Energy is pleased that the EPA has released the
proposed 2013 biofuel volumes as required under
the RFS, as they were long overdue and we are
encouraged that it is a proposed rule with the
opportunity for public comment. There are a number
of issues that should be considered, which could
have serious impacts on the U.S. production of
biofuels." You can read more of Buis's
reaction by clicking here.
Markets Idling While Waiting for Crop Data,
a preview to this week's SUNUP program on OETA,
OSU Grain Marketing Specialist Kim
Anderson tells Lyndall
Stout that grain markets stayed steady
this week, biding their time and waiting for more
solid indications of what the future holds in
"I think the
good news is that prices didn't go down this week.
Wheat prices were up about six cents. Corn prices
were up about nine. They held the spread. If
you'll look at, say, the March-December spread for
wheat, it's plus about 40 to 45 cents. On corn,
it's got a negative spread from March to December
of about a dollar and 50 cents. So, the markets
are telling us the wheat price is expected to go
up as we go into the next crop year and corn
prices are expected to go down."
were mostly watching foreign markets this week,
Anderson said, with India getting a lot of
"They may be harvesting their
seventh record crop in a row. Of course, their
harvest will start about the first of March,
sometime in that time period.
watching Russia and the Ukraine. They've had very
cold weather there--some potential freeze damage
on the wheat. Remember, we talked about a couple
of months ago that their planted acres were less
than last year, so we're looking at reduced
You can catch more of Kim Anderson's
analysis and a lineup of this weekend's SUNUP show
by clicking here.
Didlot Reflects on Her Year as American National
week in Tampa, Florida, Oklahoman Tammi
Didlot will be handing over the gavel as
the president of the American National
CattleWomen. She spoke with me recently and will
be my guest on Saturday's "In the Field" segment
on News 9 about 6:40 a.m.
Didlot says her
organization has a unique role to play in bringing
together consumers who enjoy eating beef and ranch
women who enjoy producing it.
"We have a
National Beef Speakers Bureau that does just that.
It kind of gives people permission to eat beef. It
shares the whole production story from pasture to
plate. And we actually train our speakers-- even
if they come at the industry from one area or
another--we actually train them to understand the
whole process so that they can speak intelligently
to people who are really trying to understand
where their food comes from."
also says that despite all of the adversities that
cattle producers are facing due to the drought and
a sluggish economy, the mood in cattle country is
"I have to say the
people in the beef industry, and in agriculture in
general, are the most optimistic people that I've
ever met in my life. Because it would be easy to
just go, 'Man, this is a bummer. We're at our
lowest cow herds in 60 years and everything is
kind of going up as far as prices go.' You always
wonder what's around that next curve, but the
reason we do what we do is because we enjoy it.
And I think that, really, for the most part,
people are just trying to stay positive and
they'll get through this."
Click here to read more and to listen
to our audio
Announces Important Updates on the Milk Income
Loss Contract (MILC) Program
Department of Agriculture (USDA) Farm Service
Agency (FSA) Administrator Juan
Garcia announced that beginning Feb. 5,
USDA will issue payments to dairy farmers enrolled
in the Milk Income Loss Contract (MILC) program
for the September 2012 marketings. The American
Taxpayer Relief Act of 2012 extended the
authorization of the Food, Conservation, and
Energy Act of 2008 (the 2008 Farm Bill) through
2013 for many programs administered by FSA,
including MILC. The 2008 Farm Bill extension
provides for a continuation of the MILC program
through Sept. 30, 2013.
MILC payments are
triggered when the Boston Class I milk price falls
below $16.94 per hundredweight, after adjustment
for the cost of dairy feed rations. MILC payments
are calculated each month using the latest milk
price and feed cost.
As announced by FSA
on Jan. 22, all dairy producers' MILC contracts
are automatically extended to Sept. 30, 2013.
Eligible producers therefore do not need to
re-enroll in MILC. MILC operations with approved
contracts will continue to receive monthly
payments, if available.
For more details on this story,
please click here.
Flournoy Says Canola Offers Him a Valuable Winter
canola is a new crop for Kalin
Flournoy, a farmer who lives east of
Roosevelt, Oklahoma. He planted his second canola
crop last year after suffering a lot of hail
damage on a "beautiful canola crop" in the spring
"Even after all the hail damage,"
he said, "we still averaged 16 bushels per acre on
The Flournoy family has
approximately 500 acres of crop land in their
farming operation. For the past two years, he has
planted about 250 acres of canola on one site and
the same amount in wheat on the other side of the
farm."I just shift sides each year with the two
crops," he said.
Farmers in the Roosevelt
area of mid-Kiowa County have received a little
rain in the last few weeks and Flournoy says his
canola is making the most of it.
canola crop was growing well before it went into
dormancy with cold weather," he said. "It has a
long taproot that seeks ground moisture really
well. Even with the bad drought we have, the crop
takes advantage of all the water it receives, even
if it is a small amount at a time."
You can read more about Kalin
Flournoy and his canola crop by clicking
N That- Oklahoma Soybean Expo, Roger Mills and
Messner Sales Happening Saturday and Cattle Count
to Be Released Friday
Reimer with the Oklahoma
Soybean Board has assembled quite a lineup
for the 2013 edition of the Oklahoma Soybean Expo-
set for February 13th at the Wes Watkins Center on
campus at OSU in Stillwater. The full day will
include Darrell Holaday of
Advanced Market Concepts, Dr. Jody
Campiche of OSU talking Farm Bill
Outlook, Ag Advocate Trent Loos
to offer a few Loos Tales and a funny bone tickler
in the person of Jay Hendren with
some humorous perspectives of rural life. For more
details- click here or call the Oklahoma
Soybean Board at 1-866-343-2326.
top notch, long standing, seedstock sales are set
for tomorrow, February second. The 35th
Annual Roger Mills County Bull
Sale begins at high noon in Cheyenne,
Oklahoma- offering 45 bulls from several breeds-
to see the catalog for the 2013 sale, click here.
the oldest purebred bull sale in the state gets
underway at 12:30 as the 2013 Messner
Hereford Bull Sale will kick off- 140
Hereford bulls will be offered along with some
select Hereford females- click here for last minute
details including a link over to the catalog for
this event as well.
will know a lot more about the current size of the
US cattle herd- and especially about the size of
the US Mama Cow herd, after two PM central time
today- as the January first Cattle Inventory
numbers are revealed by USDA. We pointed you
to some thoughts from Steve Meyer
earlier this week- click here for that analysis- and
we thought we would also offer you this pre report
set of estimates from Rich Nelson
of Allendale- he is predicting the smallest US
cattle herd since 1952 at 89.2 million head. And-
he expects the Beef Cow herd to contract for the
seventh straight year in this repor- off by about
one and a half percent to 29.2 million head. We
will have a look at the numbers from USDA once
released this afternoon from USDA- look for it on
our website- OklahomaFarmReport.Com.
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