From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Monday, February 03, 2014 6:07 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 $7.87 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 Jim Apel 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

Presented by


Okla Farm Bureau  
  
Your Update from Ron Hays of RON
   Monday, February 3, 2014
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
farmbillimpactsFarm Bill Impacts Described by OSU's Jody Campiche 

 

Jody Campiche, Assistant Professor and OSU Extension Economist, published the following analysis of the 2014 farm bill:

The U.S. House of Representatives passed the Agriculture Act of 2014 on January 29. A summary of commodity, conservation, crop insurance, and disaster assistance is provided below. All information is based on an initial interpretation of the bill language and is subject to change once more detailed information is released. Additional newsletters with more specific information about each new program will be released as well.

Commodity Revenue and Price Support Programs
The new farm bill ends direct payments, counter-cyclical payments, and ACRE payments for all covered commodities starting with the 2014 crop year. A new revenue protection program, called Average Risk Coverage (ARC) and a new price protection program, called Price Loss Coverage (PLC) is included for covered commodities (excluding upland cotton). The ARC program is similar to the ACRE program in the 2008 farm bill and the PLC program is similar to the counter-cyclical payment program in previous farm bills. For both ARC and PLC, producers have the option to choose farm level or county level coverage. Similar to the 2008 farm bill, producers will have the option to make a one-time, irrevocable decision to enroll in ARC or PLC on a commodity-by-commodity basis for each crop on the farm. However, producers who enroll in individual-level ARC must elect individual-level ARC for all crops on the farm.

Marketing Loans
Marketing assistance loans are continued under the same provisions as in the 2008 farm bill, with some changes in how the cotton loan rate is determined. The minimum loan rate for cotton is setat $0.45/lb and the maximum rate is $0.52/lb.

 

Supplemental Agriculture Disaster Assistance
The Livestock Indemnity Program (LIP) and the Livestock Forage Program (LFP) are continued for 2012 and each succeeding fiscal year, which means that eligible producers will receive LIP and LFP payments for losses that occurred in 2012 and 2013 (since the 2008 farm bill only authorized these programs through October 2011). The minimum risk management purchase requirement for disaster assistance that was included in the 2008 farm bill is omitted for these programs.

 

Click here for more of Jody Campiche's detailed analysis.  

 

Sponsor Spotlight

 

 

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 website to learn more about their efforts to serve rural America! 

 

   

 


A new sponsor for 2014 for our daily email is a long time supporter and advertiser as heard on the Radio Oklahoma Ag Network- Stillwater Milling.  At the heart of the Stillwater Milling business are A&M Feeds- and for almost a century Stillwater Milling has been providing ranchers with a high quality feed at the lowest achievable price consistent with high quality ingredients. A&M Feed can be found at dealers in Oklahoma, Arkansas, Kansas and Texas. Click here to learn more about Stillwater Milling! 
 

 

righttofarm'Right-to-Farm' Amendment Tops OFB's Agenda for 2014 Legislative Session 

 

The Oklahoma legislative session gets underway next week and Oklahoma Farm Bureau has its eye on a number of issues both locally and nationally. LeeAnna Covington, who works in the public policy division at the Oklahoma Farm Bureau, spoke with me about this year's agenda.

Topping Covington's list here at home will be getting a "right-to-farm" amendment added to the state constitution. Nationally, she says, Oklahoma Farm Bureau members will be keeping a sharp eye on the implementation of the 2014 Farm Bill and on action on making it possible for horse slaughter plants to be built in Oklahoma.

She said the recently-passed farm bill in Washington has drawn mixed reactions from Oklahoma farmers and ranchers. While most approve of it, some were disappointed that the repeal of COOL was not included in the legislation.

She also said that stand-alone legislation is in the works to provide funding for USDA inspectors in horse slaughter plants. Funding was stripped out of the recent budget that was passed and Senator Jim Inhofe says he will introduce a bill to restore funding so that slaughter plants can be built.

 

You can read more of this story or listen to our conversation by clicking here.
 

 

topsixreasonsTop Six Reasons EWG Opposes the Farm Bill

 

The following editorial was written by Scott Faber, vice president of government affairs for the Environmental Working Group:

Thanks to the leadership of Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.), the farm bill that passed the House this week and will likely pass the Senate next week has some positive features, including new conservation requirements for farm businesses that collect crop insurance subsidies and more funding for local and organic farmers. But those important provisions are outweighed by new, expanded and largely unlimited subsidies that do too much to help the largest and most successful farm operations at the expense of family farmers and the environment.

In particular, the final farm bill: May Increase Farm Subsidies,  Rejects Reasonable Subsidy Limits, Increases Insurance Subsidies, Cuts Nutrition Assistance, Cuts Conservation Funding, and Rejects Transparency.

 

You can read the details on each of Scott's six reasons by clicking here

 

 

oklahomaassociationOklahoma Association of Conservation Districts Praises House Passage of Farm Bill

 

The passage last Wednesday of the 2014 Farm Bill by the U.S. House of Representatives is great news for rural Oklahoma according to Kim Farber, President of the Oklahoma Association of Conservation Districts (OACD).

"We are extremely pleased that the House of Representatives took action this week to pass a new comprehensive Farm Bill that not only provides certainty for farmers and ranchers but also continues to give us the tools we need to help protect our natural resources while we feed and clothe the world," Farber said. "We especially are grateful for all the hard work and leadership shown by Oklahoma's own Congressman Frank Lucas, Chairman of the House Agriculture Committee, in putting together this compromise bill and then shepherding it through the House. It's a good bill not just for rural Oklahoma, but for all of America."

Farber said that the next step in the journey of the Farm Bill is consideration by the full U.S. Senate which is expected early this week.
 

Click here to read more.

 

  

wheatharvestdocCattle Count Lowest Since 1951- Oklahoma Fifth in Total Cattle Numbers and Third in Total Beef Cow Herd  

 

The U.S. Cattle Inventory Report, including all cattle and calves, was down 2 percent from last year, making 2014 the lowest Jan. 1 inventory of all cattle and calves since the 82.1 million reported in 1951.

 


Here are some of the highlights of the report that was released on Friday afternoon by USDA:

All cattle and calves, 87.7 million down 2 percent.

Cows and heifers that have calved, 38 million down 1 percent.

Beef cows, 29 million down 1 percent.

Dairy cows, 9.2 million unchanged.

Heifers 500 pounds and over, 18.8 million down 2 percent.

Beef replacement heifers, 5.5 million up 2 percent.

Dairy replacement heifers, 4.5 million unchanged.

Other heifers, 8.7 million down 5 percent.

Steers 500 pounds and over, 15.4 million down 3 percent.

Bulls 500 pounds and over, 2 million down 1 percent.

Calves under 500 pounds, 13.3 million down 4 percent.

2013 calf crop, 33.9 million down 1 percent from 2012.

Cattle on small grains pasture in KS, OK and TX, 1.61 million up 20 percent.
    
With feeder cattle and replacement heifer prices at and above historical levels, the reports shows that 10 million head of heifers are expected to be retained as producing cows. This is a similar scenario as last year. Mother Nature will determine how many of these heifers will be introduced to the cow herd as pasture and range conditions in parts of the west are in need of moisture.


Oklahoma swapped positions with Nebraska again in the total number of beef cows as of January first- and is once again the third largest mama cow state in the country- Texas went below the four million beef cow number to 3.91 million beef cows- off three percent from a year ago, Missouri is the second largest beef cow state at 1.82 Million head- up four percent over a year ago and Oklahoma saw a three percent rise in beef cow numbers to 1.805 million head as of January first. Nebraska and South Dakota round out the first largest beef cow states in the country in this latest report.

Click here to view the full report.


 

afbfsaysOSU's Jayson Lusk Opines in the New York Times on the Need for GMO Wheat 

 


Dr. Jayson Lusk
is a part of the Ag Economics Department at Oklahoma State University- and while he didn't sell a million copies of his 2013 book the  "Food Police: A Well-Fed Manifesto About the Politics of Your Plate" it has provided him with a lot of credibility within the mainstream media- as witnessed on Sunday with an editorial that he co- authored with Henry Miller entitled "We Need GMO Wheat." (Click here for the full op-ed in the electronic version of the New York Times)

In the op-ed, Dr. Lusk and Miller lay out a tremendous case for the wheat to play catch up with corn and soybeans and participate in the world of biotechnology.


They write "How does wheat differ from the other commodity crops, and why does it matter? Much of our domestically produced corn and soybeans are fed to animals or made into ethanol, while most wheat is consumed by humans as bread or pasta. This is why there were fears that genetically engineered wheat would suffer as an export crop. The European countries and Japan have traditionally imported about 15 percent of our wheat exports. But they have also been antagonistic to genetically engineered crops and food derived from them.

 

"As a result, wheat farmers missed out on perhaps the most important benefit of genetic engineering: the development of crops that can survive droughts or grow with lower-quality water. Those attributes would go a long way to improving wheat yields and making the crop more attractive to farmers.

 

"Much of the nation's wheat crop comes from a section of the central plains that sits atop the Ogallala Aquifer, which is rapidly being depleted. The direst warnings suggest that at current rates of use, in 50 years only 30 percent of its water will remain. Farmers who have relied on the aquifer may face tougher restrictions on use or be forced to change their farming practices."

 

 

They point out the safety of GMO crops and how farmers- not just in this country- but also globally as well- will benefit from biotech development of wheat.  AND- they make the case that this is one of the tools need to feed more and more hungry mouths in the decades to come.

 

As of early Monday morning- there were already 72 comments- and everyone of them that I read were filled with hate for GMOs and disdain for the article and its claims for a better wheat industry- this by people who have NO CLUE about production agriculture.  One of my favorite comments that I saw this morning says "If these GMO crops are so great, why didn''t a billion years of evolution produce them?"   

 

As Uncle Jed often said of Jethro- "I gotta have a long talk with that boy."

 

      

 

 

ThisNThatThis N That- Farm Bill Senate Vote, Winter Weather All Week and Cattle Industry Convention Getting Underway

 

 

Before today is done- we could be down to NO Votes and ONE Signature for the Farm Bill Conference Report. Senate Majority Leader Harry Reid  has scheduled a vote for this afternoon on the farm bill.  

 

Senator Reid filed cloture on the House-passed amendment to H.R. 2642 - the $956 billion conference committee farm bill - setting up a vote for Monday at 4:30 p.m Central time.  If at least 60 senators vote to end debate, the Senate will then proceed to a vote on final passage.

 

You can watch on CSpan2- and we will be tweeting as we can with coverage from those votes in the Tuesday email.

 

**********

 

 

Winter will continue to camp out on top of Oklahoma all of this week. It appears that three more storm systems are ready to make a run across the state starting early Tuesday morning. 

 

Courtesy of News9 and Jed Castles, we have a couple of graphics that show where the storm may be tracking- starting after midnight tonight- and it appears that areas from Ponca City over to Woodward could see from six to seven inches of snow.  Wheat and canola farmers are hoping for a wet snow that will stay on the fields and melt in when we finally get some warmer temps.  

 

We also have details from Alan Crone from the News on 6 about storm two and three for this week- both with some moisture included and both with cold temperatures as part of the package deal.  

 

Click here to see those graphics (maps) and read about the storms of this week as described by Alan Crone.

 

 

********** 

 

If the weather cooperates- and the Company Airplane flies- we are headed for the 2014 Cattle Industry Convention and Trade Show in Nashville for the balance of this week.  We jump right into before dawn to after dusk coverage from this meeting first thing on Tuesday morning as the Cattlemen's College at the 2014 event gets underway later today and hits road gear on Tuesday- several outstanding speakers are on their agenda and there will be a lot of policy issues to stay up with- Cattlefax offering their annual market outlook and so much more.  

 

One quick preview can be heard and read in an end of the week Beef Buzz that we have posted on our website- click here to listen to comments from the current President of the NCBA- Scott George about the meetings and the biggest ever trade show.

 

AND- we will be posting stories, tweeting and doing radio from the 2014 Cattle Industry Convention starting on Tuesday.

 

   

 

 

Our thanks to Midwest Farms Shows, P & K Equipment, Johnston Enterprises, American Farmers & Ranchers, KIS FuturesCROPLAN by WinfieldStillwater Milling Company and the Oklahoma Cattlemen's Association 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

 

 




Oklahoma Farm Bureau is Proud to be the Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email  

   
 

 


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