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 Presented by 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
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
here for the report posted yesterday afternoon
around 5:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $9.51 per bushel- based on
delivery to the Northern AG elevator in Yukon last
Wednesday. 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 Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous
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
Monday, September 23,
States Cattle on Feed Down 7 Percent in Latest
and calves on feed for slaughter market in the
United States for feedlots with capacity of 1,000
or more head totaled 9.9 million head on September
1, 2013. The inventory was 7 percent below
September 1, 2012.
Placements in feedlots
during August totaled 1.79 million, 11 percent
below 2012. Net placements were 1.73 million head.
During August, placements of cattle and calves
weighing less than 600 pounds were 405,000,
600-699 pounds were 338,000, 700-799 pounds were
430,000, and 800 pounds and greater were 615,000.
Placements for the month of August are the lowest
since the series began in 1996.
of fed cattle during August totaled 1.88 million,
4 percent below 2012. Monthly marketings for
August are the second lowest since the series
began in 1996.
Other disappearance totaled
55,000 during August, 10 percent below
Click here to listen to an
analysis of this report with Tom
Leffler of Leffler commodities.
You'll also find a link to the full USDA
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
learn more about their efforts to serve rural
are delighted to have the Oklahoma
Cattlemen's Association as
a part of our great lineup of email
sponsors. They do a tremendous job of
representing cattle producers at the state capitol
as well as in our nation's capitol. They
seek to educate OCA members on the latest
production techniques for maximum profitabilty and
to communicate with the public on issues of
importance to the beef
industry. Click here for their website to
learn more about the OCA.
Report Finds U.S. Land Values Acceleration to
in U.S. farmland is still competitive with
alternative investments, but the era of extremely
low interest rates and extraordinarily high
commodity prices is drawing to a close, according
to a new report from the Rabobank Food &
Agribusiness (FAR) Research and Advisory
"We'll likely see lower commodity
prices this year, but they aren't going to be low
enough long enough to substantially impact land
values over the coming year or so," says report
author and Rabobank Food & Agribusiness
Research and Advisory (FAR) senior analyst,
Sterling Liddell. "In the short
term, strong farmer balance sheets and high rental
rates will support current levels. However
decreasing commodity prices will keep the values
from accelerating as rapidly as they have
The report, "Land Values Peaking
Out-But Not Down," finds in the medium term, the
single greatest risk to U.S. agricultural land
values is looming higher interest rates. Interest
rates have been increasing through the first half
of 2013, but based on the current Federal Reserve
policy, a significant increase isn't expected
until 2014 or 2015.
You can read more of
this story by clicking here.
Launches 'The Good Growth
last week announced six commitments to address the
global food security challenge. The Good Growth
Plan has specific, ambitious and measurable
targets which focus on boosting resource
efficiency, rejuvenating ecosystems and
Mack, Chief Executive Officer of
Syngenta, said: "We have always been acutely aware
that our business can only grow if we ensure that
farming is carried out in a sustainable way. We
continuously seek to bring this awareness to life
through our focus on land, technology and people.
We now need to take our contribution to a new
level and this is the driving force behind the
commitments announced today."
Good Growth Plan reflects Syngenta's belief that
agricultural productivity must increase in order
to feed a global population which is currently
increasing by 200,000 every day. At the same time,
farmland is being depleted through urbanization
and soil erosion while water resources are under
increasing pressure. Rural communities - those
responsible for growing food - are often trapped
Click here to read more specifics
on Syngenta's plan.
Spradling Steps Down as Oklahoma Farm Bureau
Farm Bureau released the following statement to us
on September 20, 2013(based on action taken the
Today, the Board
of Directors of Oklahoma Farm Bureau and
Affiliated Companies announces that Mike
Spradling is no longer serving as
President. We appreciate his many years of
commitment and service. Vice President
Roland Pederson has assumed the
duties of President and will serve out the
remaining term until the Presidential election
occurs at the Annual Meeting in
Soy Demand Gets Boost from
biodiesel that fuels semis, farm tractors and bus
fleets continues to fuel market potential for U.S.
soybean oil and profit opportunities for U.S.
In order to meet federal
biodiesel-usage requirements of 1.28 billion
gallons this year, manufacturers will need 9
billion pounds of vegetable oils and animal fats.
At least 4.8 billion pounds of that could be
soybean oil. That's the oil from 430 million
bushels of U.S.
for soybean farmers from the growing market use of
soybean oil for biodiesel," says Gregg
Fujan, a USB director and soybean farmer
from Weston, Neb. "It expands the market for our
soybeans, which also increases the price we
Click here to read more.
Says Lawmakers Representing Most of the Hungriest
Counties Voted to Cut SNAP
Ellen Kustin, legislative and policy
analyst for the Environmental Working Group,
published the following editorial on her
If you live in
one of America's 100 hungriest counties, there is
a one-in-three chance that you rely on food
There is also a pretty good chance
that your member of Congress just voted to kick
you off food stamps.
And, if you live in
Haywood County, Tennessee, or Shannon County,
South Dakota, you can be sure your representative
not only voted to kick you off food stamps but
also voted to give him- or herself more farm
Sadly, two-thirds of the 39
legislators who represent America's 100 hungriest
counties voted yesterday to cut funding for the
Supplemental Nutrition Assistance Program (SNAP),
formerly known as food stamps, by $40 billion over
the next ten years.
What's more, the same
legislators voted last month to increase unlimited
subsidies for the largest farm businesses at a
time of record farm income.
Click here to read more from Mary
Ellen Kustin and the Environmental Working
Vote Needs to Happen Before House Farm Bill
Conferees Will Be Appointed- Maybe Next Week
House needs to pass a procedural
motion to combine the farm bill and the just-passed nutrition
bill before farm bill conferees can be named.
Once that is done, the legislation will go to the
United States Senate- they will likely reject it-
ask for a conference- the House will accept and
conferees will be named.
according to House Ag Committee Chairman
Frank Lucas who talked with our
friend and colleague Mike Hergert
of the Red River Radio Network on Friday. Click here to listen to Mike and
the Congressman flesh this out.
problem is- as Chairman Lucas said last week on
the floor of the House- nothing has come easy with
this farm bill process and this simple procedural
vote could get caught up in the politics of the
showdown between the GOP and the White House over
the funding of the government and a possible
government shutdown on October first.
Keith Good has pulled together at
least three of the better inside the beltway
writers on this subject- all weighing in on the
Nutrition Stand Alone vote of last week and how
tricky the procedural vote might become- click here for that review as
found on Farm Policy.Com.
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.
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