From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Monday, October 07, 2013 6:46 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 Presented by 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.

 

 

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 futuresclick here for the report posted yesterday afternoon around 3:30 PM.

 

 

Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.

 

Canola Prices:  

Cash price for canola was $9.03 per bushel- based on delivery to the Northern AG elevator in Yukon Friday. 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.

 

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
   Monday, October 7, 2013
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
TulsaGrandSteerFeatured Story:
Grand Champion Steer at Tulsa State Fair Sells for $35,000 for Second Year in a Row  

 

The top animals that were shown at the 2013 Junior Livestock Show at the Tulsa State Fair were showcased on Friday morning at the Premium Sale of the cream of the crop of the show. As is tradition, the Grand Champion Steer led off the 2013 sale, and the winning bid came from a partnership of players, including one gentleman who due to bad health could not be at the sale on Friday. Longtime banker L C Neel was mentioned as one of the buyers of the Grand Champion Steer that went for $35,000 (same price as a year ago). Other buyers of the top steer were the Tulsa State Fair Ringmasters and Murphy Brothers Exposition- who have the rights to the amusement rides at the fair and have been a regular supporter of the Premium Sale for many years. 

 

The owner of the Steer is Baylor Bonham of Newcastle 4-H- we talked with this seventh grader about his big payday- and you can hear our visit with Baylor and get the rundown on the prices paid the buyers who paid those prices by clicking here for our top ag story on our website.  

 

 

Sponsor Spotlight

 

We 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. 

 

 

 

Our newest sponsor for the daily email is Chris Nikel Chrysler Jeep Dodge Ram in Broken Arrow, Oklahoma. Chris Nikel offers anyone across Oklahoma, southeastern Kansas, Northwestern Arkansas or southwestern Missouri some real advantages when it comes to buying your next truck for your farm or ranch operation. Some dealers consider one guy and a half dozen trucks a commercial department. At Chris Nikel they have a dedicated staff of 6 and over 100 work trucks on the ground, some upfitted, others waiting for you to tell them what you need.  To learn more about why they deserve a shot at your business, click here or call Commercial/Fleet Manager Mark Jewell direct at 918-806-4145.  

  

 

 

It takes a tremendous investment of time and expertise to bring to bring off a top-notch livestock show.  Two men who consistently made that investment in hog shows at the Tulsa State Fair in the fall and the Oklahoma Youth Expo in the spring are Roy Lee Lindsey and Jerry Fitch.

 

I spoke with them both at the Tulsa State Fair and Lindsey says the investment he's made in the market barrow shows pays off year after year in helping bright young people who love to work with hogs.

 

"If you can start today with these kids who are already raising show pigs, that are already around them every day, these kids already have a passion for hogs.  You don't rise to the top with the kids here at the Tulsa State Fair without having a passion for doing it."

 

He said that passion translates into producing hogs that would show favorably at any show across the U.S. and even the world.  He said he wants to do everything he can to encourage kids with this ability to consistently produce such high quality hogs to take their passion and expertise to the next level by working in the pork industry.   (You can listen to more of my interview with Roy Lee Lindsey by clicking here.)

 

We'll have our conversation with OSU's Jerry Fitch tomorrow morning in our Tuesday email- and find out what drives Dr. Fitch to do what he does on behalf of the youth of Oklahoma. 

 

 

potentialindustryPotential Industry for Eastern Red Cedar to be Discussed

 

The Aromatic Cedar Association (ACA) has a vision. During a meeting in 2008, the group stated by 2013 "Manufacturing cedar products has become one of the top 10 industries in Oklahoma."

"As we look around today we can see a number of existing industries or operations potentially coming to the state that would utilize the red cedar," said Craig McKinley, ACA board president and retired Oklahoma State University Cooperative Extension forestry specialist. "We currently have very successful mulch operations and there are several entities looking at pellet production, methanol/ethanol production, charcoal facilities, etc. However, red cedar is far from being a top 10 industry."

In an attempt to boost the industry and educate landowners on the opportunities and options available, the ACA is hosting its annual Cedar Summit at the Enid Convention Hall, 301 S. Independence Rd, Oct. 12.

Click here for more details.  

 

 

farmissuestakingFarm Issues Taking Back Seat During Government Shutdown, Congressman King Says

 

With the federal government shutdown now in its fourth day, it is practically overshadowing every other issue awaiting action on Capitol Hill. Veteran farm broadcaster Ken Root interviewed Congressman Steve King about legislation of particular interest to farmers and ranchers that has been eclipsed during the current budget impasse. (Root is originally from Oklahoma. You can hear the full interview by clicking here.)

King said he doesn't believe the farm bill is currently being used as a bargaining chip in budget negotiations.

"With all the drama going on here, I don't get the sense the farm bill is being held as a bargaining chip. Right now there's just so much clutter, to be able to sit down and negotiate on the farm bill, it would be pretty hard to pay attention. Yes, we should be able to multi-task on this and John Boehner, as yet as far as I know, has not named the conferees on the farm bill. When that happens, we'll go to work anyway whether we're distracted or not."

King said that as legislators now begin looking at increasing the debt ceiling in addition to the stalled continuing resolution, he doesn't think it is wise for Speaker Boehner to say he will use Democrat votes to increase the debt ceiling.

 

fivebasicprinciplesFive Basic Principles Increase Soil Health for Forage Production

 

Pasture and Range Consultant Chad Ellis writes in the latest Samuel Roberts Noble Foundation Newsletter:

Are you a cattle manager, a grass manager or a soil manager? Many cattlemen view livestock as their base crop through the sale of beef. Others view grass as their base crop. While management of breeding, vaccinations and marketing is important, all livestock need forage to produce pounds of beef. This forage is, in turn, heavily dependent on the health of the soil. Consequently, the management of soil health, specifically the biological components, is of vital importance to producers as it is the dynamic resource that supports plant life.

As managers, we often focus on managing the aboveground production in our pastures while paying little attention to what happens belowground. Microbial action in the soil builds natural fertility that increases plant production. Sound grazing management is the art of capturing sunlight and water while recycling the aboveground parts of the plant through livestock. The animal eats a portion of the plant which is then deposited as urine and manure. The remainder of the plant is trampled into the ground to begin decomposition into the soil. This feeds the soil microbes that in return feed the plant. The manure, plant organic matter and carbon dioxide captured from the air by the plant combine to build a carbon bank in the soil that holds water and nutrients for plant use.

Building soil health can be accomplished by employing five principles.  You can read about them by clicking here.

  

 

monsantoacquiresMonsanto Acquires Weather Data Company The Climate Corporation

 

Monsanto announced this week it has acquired The Climate Corporation for $930 million. Climate Corp, as the company formerly known as Weatherbill is now often called, offers insurance against weather-related catastrophes direct to farmers and others online.

The company uses data to measure temperature, rainfall and other factors, the information and expertise was highlighted by Monsanto's chairman and CEO Hugh Grant in a statement on the purchase.

"The Climate Corporation is focused on unlocking new value for the farm through data science," he said, noting that, "everyone benefits when farms are able to produce more with fewer resources." 

 

You can read more of this story on our website by clicking here.

 

PanamaTrade Troubles Brewing with Panama

 

 

 

The U.S. Grains Council says an unsettling trade barrier is brewing in Central America. The Panamanian government has published the regulations governing quota administration for powdered milk, rice and corn - which are all governed by the auction system as part of the Panama-U.S. Trade Promotion Agreement. According to the Grains Council - Panama's government has exploited a loophole in the agreement and closed the imports of U.S. corn for three and-a-half months at the beginning of 2014. The Council immediately began working with the U.S. Trade Representative, USDA's Foreign Agricultural Service in Panama, the Panamanian government and the Panamanian poultry industry to find resolution. While the hope is to resolve the issue informally - the Grains Council notes key employees of the USTR and FAS-Panama are unable to do their job in keeping markets open for U.S. products because of government furloughs.
 
Panama produces approximately 85-thousand metric tons - or 3.3-million bushels - of corn annually. They import 350-thousand tons - or 13.8-million bushels each year. The Panamanian government has historically closed the market each year to imports from January to April - but the Grains Council says it was believed that under the FTA - this pattern of closing the market would no longer be acceptable. The market was not closed for corn imports in 2013. USGC Director of Trade Policy and Biotechnology Floyd Gaibler says the time period the government has chosen to close the market coincides with the harvest of the local corn crop and is an obvious effort to subvert the FTA in order to protect local corn producers and force the Panamanian feed industry to buy local corn. He says the regulation goes against the spirit of the FTA and creates a tremendous burden on the local livestock industry. Gaibler says the FTA was intended to simplify trade - but the Panamanian government has set up several technical barriers which make the situation worse for the feed industry, increasing the cost of importing U.S. corn and actually making U.S. corn less competitive.
 
The Grains Council will actively pursue this issue despite the government shutdown. The Council says this issue highlights the importance of USDA and USTR to the agricultural community in helping to protect and enforce existing trade agreements.  

 

Our thanks to Midwest Farms Shows, P & K Equipment, Johnston Enterprises, Chris Nikel Commercial Truck Sales, American Farmers & Ranchers CROPLAN by Winfield,  the Oklahoma Cattlemens Association and  KIS Futures 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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