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weekdays- if you missed this morning's Farm News - or
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from Ron Hays on RON.
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
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- click
here for the report posted yesterday afternoon
around 3:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $7.92 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.
Daily Market Wrapup from the Radio
Oklahoma Network with Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
Tuesday, January 28,
Bill Conference Report Goes to House and Senate-
Chairman Lucas Dialogues with Cole in Rules
have a Farm Bill Conference Report- which means,
we are two votes and one signature from having a
Farm Law of 2014.
Agricultural Act of 2014 contains major reforms
including eliminating the direct payment program,
streamlining and consolidating numerous programs
to improve their effectiveness and reduce
duplication, and cutting down on program misuse.
The bill also strengthens our nation's commitment
to support farmers and ranchers affected by
natural disasters or significant economic losses,
and renews a national commitment to protect land,
water, and other natural resources.
proud of our efforts to finish a farm bill
conference report with significant savings and
reforms," said Rep. Frank Lucas
(R-OK), Chairman of the House Agriculture
Committee. "We are putting in place sound policy
that is good for farmers, ranchers, consumers, and
those who have hit difficult times. I appreciate
the work of everyone who helped in this process.
We never lost sight of the goal, we never wavered
in our commitment to enacting a five-year,
comprehensive farm bill. I ask my colleagues to
join me in supporting its passage."
Click here to read comments from
the other three actual farm bill negotiators- plus
the high points of the 2014 farm bill deal.
sufficient numbers of the Farm Bill Conference
Committee signed off on the almost thousand page
document, Lucas headed to the House Rules
Committee last night to obtain a rule that will
allow the bill to be considered Wednesday morning
before the Republicans hop on buses and head to
the hills for their GOP retreat.
called the fact that we have a conference report a
miracle and quiped "If I should expire in the next
3 days, I want a glass of milk on my tombstone,
because it is what killed me" as he made reference
to the very difficult process of getting a dairy
supply management program without the supply
management in it.
at the Rules Committee, he dialogued with his
Oklahoma Congressional colleague Tom
Cole, who is a member of that Committee-
we have that conversation as well as the link to
all thousand plus pages of the measure for you to
check out by clicking here.
reaction to the Conference Report from the farm
community is mostly positive- except for the
livestock groups that represent the major cattle
and hog producers in the US- see our next story
for what they are saying- we will have more
reaction tomorrow from many of the farm and rural
groups around the country- but here are links to a
few we have posted as of this morning_
National Association of Conservation
National Corn Growers Association
American Farm Bureau
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and ranch community.
Livestock Groups Disappointed COOL Changes
Excluded from Farm Bill Conference
a letter to the leadership of the House and Senate
Agriculture committees, six major farm groups
reacted to the lack of change to COOL regulations
in the farm bill recommended for passage by the
and Ranking Members:
The U.S. livestock and
poultry industries appreciate all of your efforts
to resolve the many contentious issues where
compromises were found to bring this Farm Bill
close to the finish line. We know that this has
been a lengthy and difficult task.
However, we must express our deep
disappointment with the decision to exclude
language that was in the House-passed version of
the bill on the Grain Inspection Packers and
Stockyards Act (GIPSA), the Conaway-Costa
amendment. If included, the Conaway-Costa
amendment would have refocused the U.S. Department
of Agriculture's regulation on the five specific
areas of contraction, as Congress directed in the
2008 Farm Bill. As well as restoring Congressional
intent, this language was included in four
appropriations bill (including 2014) and signed by
We are also disappointed
that a WTO-compliant resolution to mandatory
Country-of-Origin Labelling (COOL) was not
reached, particularly in the face of retaliatory
actions by the governments of Mexico and Canada.
This retaliation will be crippling to our
industries and threaten the long-term relationship
with two of our most important export markets.
COOL is a broken program that has only added costs
to our industries without any measurable benefit
for America's livestock producers. The coalition
represented below offered many solutions and all
Click here to read more of this
letter - signed by the National Cattlemen's Beef
Association, the National Pork Producers and the
American Meat Institute and three
And Consumer Advocate Groups Support 2014 Farm
Bill COOL Without
Farmers Union led a coalition of groups that
released the following joint statement
the meatpacker and poultry industry attacked the
Farm Bill conference for standing with farmers,
ranchers, consumers and rural communities that
have advocated for transparent country-of-origin
labeling as well as commonsense Packers &
Stockyards Act contract protections for poultry
and hog producers. The farm bill conference is
likely to include several strong positives for
livestock, which calls into question the meat and
poultry industry commitment to the livestock
sector and motives in attacking the Farm Bill.
Permanent baseline funding for livestock programs
is part of the bill, including nearly $5 billion
in disaster funds, an improved Livestock Forage
Program, and various livestock health
The Farm Bill conferees must
resist the last-ditch counter-attack by the
meatpacking and poultry lobbies and stand up for
the millions of working farmers and ranchers
across the country and the hundreds of millions of
consumers that support the country-of-origin
labels that were finalized in 2013. The Farm Bill
conference report should not make any changes to
country-of-origin labeling or livestock reform
provisions that could undermine support for final
passage of the Farm Bill. Now is not the time to
retreat on these meaningful labels and protections
that farm and consumer advocates have fought for
since before the 2002 Farm Bill.
will find a list of the groups which released the
statement by clicking here.
Crop Getting Along Well, Canola College On Tap,
Ron Sholar Says
falling temperatures plunge Oklahoma back into the
deep freeze, Ron Sholar,
executive director of the Great Plains Canola
Association, said it's nothing for canola
producers to worry about. He spoke with me
recently about how this year's crop is doing, how
the industry has progressed in such a short time,
and the upcoming Canola College event in
"We got a lot of canola planted last
fall, most of it at the right time," Sholar said.
"We've got a little bit of the crop in a little
bit late. It's kind of a wait and see kind of a
thing on the very-late planted. It's probably not
going to fare as well as that that was planted
right on time. Everything's very dormant right
now. A lot of first-time growers are wondering
what's going on, but this is very
normal. The crop goes into a
state of dormancy; it is not dead. And, when those
spring conditions return, we'll look forward to
the crop looking good once again."
said he believes about 300,000 acres were planted
to canola across Oklahoma this year. Kansas, Texas
and Colorado will count for an additional 100,000
acres. He said that Oklahoma growers have gone
from about 40,000 acres to more than 300,000 in
less than ten years.
can listen to my interview with Ron Sholar and
find more information about Canola College by clicking here.
Derrell Peel Sorts Out the January Cattle and Beef
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist writes in
the latest Cow-Calf Newsletter:
appears that the phenomenal January run of
wholesale beef prices may be over. Choice and
Select boxed beef prices peaked on Wednesday,
January 22 at $240.05/cwt (Choice) and
$237.44/cwt. (Select). Choice boxed beef dropped
back nearly $3/cwt by Friday with Select dropping
just over $1/cwt. This leaves a very narrow
Choice-Select spread of $1.98/cwt. This level is
close to the seasonal low in the Choice-Select
spread but it usually does not occur until March
are at work in the current wholesale beef market.
Clearly supply reductions are a major driving
factor. Year to date beef production is down 10
percent from 2013 January levels, with cattle
slaughter down 10.6 percent year over year so far
this year. This follows a nearly 10 percent drop
in beef production the last week of December,
2013, due in part to a fire that idled one major
packing plant for much of Christmas week. Another
factor is that this market rally has been driven
almost entirely by Chuck and Round products rather
than middle meats (Rib and Loin). Additionally,
the cutter cow cutout is up $10/cwt. from year ago
levels; all of which indicates that this rally is
driven by mostly by ground beef and processing
beef demand. The more than 11 percent drop in cow
slaughter in the fourth quarter of 2013 probably
played a significant role in setting up the supply
reductions that helped drive the January
Click here for more of Derrell's
Hubbard Challenges Frank Lucas for 3rd District
a day when Congressman Frank
Lucas, chairman of the House Agriculture
Committee, was completing work on the farm bill,
Oklahoma rancher and small business owner
Robert Hubbard announced that he
would run for the GOP nomination for the 3rd
Congressional District in
"We are at a time when our
nation needs consistent, conservative leadership,"
said Hubbard. "And frankly, we are not getting
that with our current Congressman."
highlighted his conservative values and the need
for Oklahoma to have members of Congress who
reflect Oklahoma's conservative values. "We are
the reddest congressional district in the reddest
state in the country," said Hubbard. "Yet
Congressman Lucas has one of the most liberal
voting records in our state."
Hubbard is a
long time resident of Canadian County where he
owns and operates Hubbard Ranch. In addition he
runs a construction company in the Oklahoma City
can listen to Hubbard's announcement or read more
of it by clicking here.
River Crop Conference Underway Today and Tomorrow
red River Crops Conference is a two day
educational event for farmers in north Texas and
southwest Oklahoma that gets underway today and
runs through tomorrow at the Altus Southwest
Technology Center in Altus, Oklahoma.
Red River Crop Conference will bring together two
land-grant institutions - Texas A&M AgriLife
Extension Service and OSU - Oklahoma Cooperative
the sessions focus on cotton production, while the
Wednesday session covers a variety of other crop
options for southwestern Oklahoma and the northern
Rolling Plains of Texas.
details, click here for the brochure about
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