From: Ron Hays [ron@oklahomafarmreport.com]
Sent: Monday, May 12, 2008 06:23
To: ron@oklahomafarmreport.com
Subject: Oklahoma's Farm News Update
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Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Monday May 12, 2008!
A service of The Oklahoma Bioenergy Center, Midwest Farm Shows and American Farmers & Ranchers.
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-- Farm Bill Votes To Occur This Week.
-- The 2008 Oklahoma Wheat Crop- A Billion Dollar Baby If We Can Bring Her In!.
-- American Farmers & Ranchers Offers Support for "As Fair A Farm Bill as Possible"
-- Oklahoma Ag Leadership Class 14 Applications Due!!!
-- With the Storms of Recent Days- A Reminder About Debris in Your Fields and Your Cattle!
-- CSP Signup Extended to the End of May.
-- Oklahoma Farm Bureau Sending Letter Pushing for a Yes Vote on Farm Bill.
-- Checking the Markets...

Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their NEW AFR web site to learn more about their efforts to serve rural America!

Our email this morning is also a service of Midwest Farm Shows, producer of the Tulsa Farm Show that is held each December, as well as the just concluded Southern Plains Farm Show in Oklahoma City. Check out details of both of these exciting shows at the official website of Midwest Farm Shows by clicking here.
Finally, we are pleased to have as our newest Daily Email sponsor The Oklahoma Bioenergy Center: cultivating the future of Oklahoma's renewable energy industry- click here to check out their website!

If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here.


Farm Bill Votes To Occur This Week.
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It is expected that the details of the Conference Report may be known today- and that by Wednesday, we could be seeing a vote in the House, followed by the Senate on the 2008 Farm Bill. The House vote is seen as the critical vote with the threat by USDA Secretary Ed Schafer that President Bush will veto the measure- which means that about sixty Republicans would have to break ranks with Bush and vote for the bill.

It is thought that there are enough votes in the Senate to override the potential veto- one of the Republicans that is arguing for the bill to be allowed to become law is Senator Saxby Chambliss of Georgia. "This is a very balanced farm bill. I think the president has a lot of reasons why he can sign it. Certainly, there are concerns on the part of the White House relative to the bill itself from a number of different perspectives, but what we have sought to do in a very bipartisan way is to move as close to the president's concerns and positions as we could without compromising the overall safety net, and at the end of the day I don't know what the president is going to do. He never directly told me that he's going to veto this bill."

Meanwhile, the top Republican on the House Ag Committee is speaking strongly in favor of the bill- Congressman Bob Goodlatte believes that given the demands by Democratic Leadership- that Congress has done about as much as is possible for farmers in this bill.
We still do not know whether Congressman Frank Lucas will support the measure- as he chose to wait until he could review the details of the measure that was crafted by a small group of "insiders" or what was called the "Principals"- the leadership of the House and Senate Ag Committees along with representatives for Speaker Nancy Pelosi and Senate Majority Leader Harry Reid. We should know the position of Congressman Lucas on this measure by later today or early tomorrow.

Click here for the latest on the Farm Bill Saga as updated on our 2007 Farm Bill webpage at WWW.OklahomaFarmReport.Com


The 2008 Oklahoma Wheat Crop- A Billion Dollar Baby If We Can Bring Her In!.
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We got word on Friday that USDA believes that Oklahoma will produce 148.5 million bushels of winter wheat in 2008. If Oklahoma wheat producers are able to achieve that potential- it is very possible that we could end up with a billion dollars of gross receipts for this year's crop- blowing away the previous high of $849 million in wheat receipts for the 1979 crop.

I checked in with Dr. Kim Anderson of OSU regarding this possibility- and he concurs that we have an excellent chance of hitting the Billion Dollar mark. Kim offers the following math on how that could be achieved-
"Given that:
most of the Oklahoma wheat produced this year will be sold between harvest and December 1
most forward contacts may average $7.75
The price will be $8 at harvest and $6 by December
the Average Oklahoma price for 2008/09 crop could end up being $7.35
149 million bushels times $7.35 = $1.095 Billion dollars! "

With prices at that level- it's likely to be the most profitable wheat crop on record as well. Out of pocket costs for this 2008 wheat crop will be coming in around $105 to $115 per acre, according to Dr. Anderson. Add in depreciation and land costs, and you are up closer to $140 to $150 per acre, which means with an average yield per acre of 31 bushels- you come in just under $5 per bushel in total costs. Selling wheat around seven dollars per bushel- or perhaps a little more- will pump a lot of money into our Oklahoma economy- NOW all we have to do is dodge the hail and get this crop safely out of the field and into the bin. The horror of 2007 is still fresh on the minds of our wheat producers- so that makes the 2008 harvest a nervous time for certain.

Click here to listen to Ron and Kim Anderson talk about this past Friday's USDA reports- and the prospect for a Billion Dollar Wheat Crop This Year.


American Farmers & Ranchers Offers Support for "As Fair A Farm Bill as Possible"
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AFR has decided that the Conference Committee efforts are about as good as can be hoped for- and has decided to offer their support for the resulting 2008 Farm Bill that faces its final votes in Congress later this week. AFR President and CEO, Ray L. Wulf said after the conference report was made public, "Given the Agriculture Committees had $58 Billion dollars less to work with than in the 2002 Farm Bill and considering, among other things, the $10 Billion in nutrition programs that were mandated for passage and the $3.4-$4.0 Billion increase in conservation appropriations to conserve and preserve natural resources in this country, they came with as fair a bill as possible and we urge final passage by the House and Senate and urge the President to sign it into law."

Wulf further stated "Our winter wheat farmers are approaching harvest of a crop planted without a decisive farm policy. Even now, their next wheat crop will be planted before this new Farm Bill can be implemented." The Food, Conservation and Energy Act of 2008, commonly referred to as the $300 Billion Farm Bill, is about 73 % nutrition programs, such as Food Stamps, School lunches and programs to care for Women, Infants, and Children (WIC) and others and only about 12 % Commodity Support as a Safety Net for farmers with the balance going for such programs as Rural Development, Research, Trade, Credit, Livestock, and Energy.

Gigantic reforms are incorporated all the way through this bill in an effort to cut unnecessary spending and address the President's and the public's concerns over abuses to previous programs. Some figures may change slightly after the Congressional Budget Office finishes scoring but any change should be minor. AFR feels it has been a bi-partisan effort with global food security in mind and the results of the committee's efforts will benefit the consumers in every section of this country and around the world.


Oklahoma Ag Leadership Class 14 Applications Due!!!
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We got an update from Dr. Joe Williams, Director of the Oklahoma Ag Leadership Program on Friday that applications and references are coming into Stillwater for folks interested in being a part of Class 14 of the OALP.

The deadline for applications is this coming Friday, May 16. A good number of applicants have gotten some or all of the needed paperwork in- and while it is not too late for those that have been thinking about being a part of the upcoming class- time is wasting- go to the link we have provided below and click on the flashing link for the application and info for Class 14.

The Oklahoma Ag Leadership program is designed to stretch those who participate when it comes to leadership and their understanding of agriculture in Oklahoma in the context of the Big Picture of the American and global society. With the graduation of Class 13 last month in Stillwater, over 350 men and women have successfully gone through the program- and a lot of them are making a difference on local school boards, rural electric boards, farm and commodity groups and even as elected or appointed officials. If you are willing to invest in yourself through this program- it will equip you to be a better member and leader of the organizations that you are part of- or will be in the future. Give me a call if you have questions about the program- or click on the link provided below.

Click here for more information on the Oklahoma Ag Leadership Program and Class 14 Signup!


With the Storms of Recent Days- A Reminder About Debris in Your Fields and Your Cattle!
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Insulation and building debris present in pastures after high winds can cause problems for cattle producers, difficulties that potentially may have a significant effect on animal health and time management costs. Cattle will eat just about anything that looks interesting in the pasture, cautions Dr. Dave Sparks, Oklahoma Cooperative Extension Service veterinarian and area food animal quality and health specialist. "Insulation debris is more problematic, because of the small size," Sparks said. "Producers are unlikely to rid their pastures of every bit of insulation. If animals exhibit symptoms of insulation-related problems, producers should contact their local veterinarians immediately." Treatment of cattle suffering from insulation problems is symptomatic. "Your local veterinarian will treat on a case-by-case basis," Sparks said. "This might mean employing a treatment with laxatives, mineral oil, fluid therapy or, in appropriate cases, surgery." Nails and other sharp metal objects of various sizes also create a significant hazard to the feet and legs of animals. "It's very common for these objects to cause puncture wounds and cuts in the feet and legs of livestock," Sparks said. Often these metal objects have been carried by wind or washed into water holes, ponds or other areas accessible to livestock and a potential source of injury. "It's prudent for livestock owners to keep this in mind when they have animals showing lameness," Sparks said. "If an animal is lame for more than one or two days and the lameness continues to worsen, it should be examined by a veterinarian."

"Producers are going to have to pick up as much debris from their pastures as possible," he said. "This can be a painstaking, labor-intensive process given the potential amount of small debris." Insulation can cause bloat, impaction and gastro- intestinal problems when consumed, including possible hemorrhaging of the rumen. Nails and other small pieces of metal can cause "hardware" disease, health problems associated with the consumption of metal. Sparks said a single piece of wire consumed by a bull, cow, heifer or calf can drop down into the reticulum, the first stomach, where it potentially can pierce the heart.

"Insulation debris is more problematic, because of the small size," Sparks said. "Producers are unlikely to rid their pastures of every bit of insulation. If animals exhibit symptoms of insulation-related problems, producers should contact their local veterinarians immediately." Treatment of cattle suffering from insulation problems is symptomatic. "Your local veterinarian will treat on a case-by-case basis," Sparks said. "This might mean employing a treatment with laxatives, mineral oil, fluid therapy or, in appropriate cases, surgery."

If you have questions, go to your Extension office- and we have the full news release with more comments from Dr. Dave Sparks on this subject linked below.

Click here to read more about Pasture Debris Cleanup Suggestions From OSU extension Vet Dr. Dave Sparks.


CSP Signup Extended to the End of May.
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Registration for the Conservation Security Program has been extended to May 30, U.S. Department of Agriculture's Natural Resources Conservation Service Chief Arlen Lancaster said. Originally, the sign-up was scheduled to run through this coming Friday.

In Oklahoma, the only watershed that is eligible for this 2008 signup is the Upper Washita. This watershed includes land in some eight Oklahoma counties, and has over 1.745 million acres of farmland included- making Oklahoma the second largest state behind South Dakota in terms of the number of acres that have potential CSP funds that could be allocated here in 2008. Large areas of land in Caddo, Grady, Kiowa, Washita and Custer counties are a part of the Upper Washita watershed- very small amounts of land in Dewey and Comanche also are in this watershed.

Lancaster said the Natural Resources Conservation Service recognized that this year's sign-up came at a time when many farmers are planting. "We want to give them as much time as possible," he said. "We are extending the sign-up ... to allow producers adequate time to gather natural resource information and complete the required self- assessment and applicant interview. This two-week extension represents the fullest accommodation we can make, and deliver a program this year."
You can check with your local NRCS office if you have questions and believe your land might be eligible for signup- or go the link below on more information.

Click here for more information on the CSP Program from the USDA website


Oklahoma Farm Bureau Sending Letter Pushing for a Yes Vote on Farm Bill.
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Mike Spradling, President of the Oklahoma Farm Bureau, is faxing a letter to all five House members and both US Senators that make up the Oklahoma Congressional delegation this morning that calls on the Oklahoma lawmakers to come out and support the 2008 Farm Bill Conference Report.

The OFB letter reads "On behalf of the state's largest agriculture organization, with more than 166,000 member families, we strongly urge you to vote in favor of the 2008 Farm Bill Conference Report.
"Communities across Oklahoma and the nation, from urban to rural have been waiting too long for this legislation. The Conference Report makes significant farm policy reforms, protects the safety net for America's food producers, addresses important infrastructure needs for specialty crops, increases funding to feed our nation's poor, and enhances support for important conservation initiatives. In particular, we strongly support the $3.8 billion permanent disaster program proposed in the report.

This is by no means a perfect piece of legislation. It is however, a carefully balanced compromise of policy priorities that has broad support among organizations representing the nation's agriculture, conservation, and nutrition interests.

"Again, we urge you to support communities across Oklahoma and the nation - rural, urban and suburban, by voting in favor of the 2008 Farm Bill Conference Report."


Our thanks to American Farmers & Ranchers, the Oklahoma Bioenergy Center and Midwest Farm Shows for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked at the top of the email- check them 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!

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


Checking the Markets...
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We sold feedlot cattle on Friday for mostly $94 in the southern plains- fully two dollars above the previous week.
Meanwhile, another big run this past Friday at the Woodward Livestock Market with more than 7200 cattle at that northwest Oklahoma market- Yearling Steers were one to three dollars per hundred higher than a week ago, with seven to eight hundred pound steers commanding $106 to $113.75. The eight weight steers brought from $101.75 to $107.50.

Here are some links we will leave in place on an ongoing basis- Click on the name of the report to go to that link:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- One Pager From Country Hedging- looks at all three US Wheat Futures Exchanges and the why of that day's market.

Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. Previous Day's Energy Market Recap- also from Country Hedging
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.



God Bless! You can reach us at the following:
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phone: 405-473-6144
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