~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday October 13, 2009A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Columbus Day on Monday- Crop Updates Out Later Today Instead of Monday
-- Looking at the 2010 Oklahoma Wheat Crop Through the Eyes of Mike Schulte
-- Lawmakers Call for More Help for Pork Industry
-- Small Business Group Claims It's too Early to Seek Compromise on Death Tax
-- Oklahoma Farm Bureau convention will be held Nov. 6-8
-- Oklahoma has back to back wins in the National Beef Ambassador Contest.
-- OBI Fall Bull Test Sale Coming This Thursday, October 15
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their AFR web site to learn more about their efforts to serve rural America!
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Columbus Day on Monday- Crop Updates Out Later Today Instead of Monday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The weekly crop weather updates that normally come out on Monday will be 24 hours later this week due to the Columbus Day holiday.
Meanwhile, most of our markets were open for business on Monday- and
that includes weekly auctions that run on Mondays like Oklahoma City and
here for the report from the Oklahoma National Stockyards- Oklahoma
City had over 8,000 head on Monday and the market trend seemed to be
steady to higher.
Looking at the 2010 Oklahoma Wheat Crop Through the Eyes of Mike Schulte
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We focus in on the status of the 2010 Winter Wheat crop that is going into the ground this fall- in and around showers and rainstorms along the way. To help us do that, Mike Schulte of the Oklahoma Wheat Commission joins us and helps us sort out the crop that has already been planted- and the potential for fall and winter wheat pasture- and we also talk about the acres still to go into the ground that will be for grain production only.
Click on the link below and you can jump over to our webpage with the conversation that Mike and I had over the last few days.
Lawmakers Call for More Help for Pork Industry
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Members of the U.S. Senate and House have urged the U.S. Department of Agriculture to lend assistance to U.S. pork producers to help them out of a 2-year-old economic crisis. The National Pork Producers Council applauded the congressional request. In separate letters sent to Agriculture Secretary Tom Vilsack, 24 senators and 63 representatives asked that USDA take the following actions to provide "much- needed emergency relief" to the U.S. pork industry:
Purchase $100 million of pork with funds from the Section 32 program,
which uses customs receipts to buy non-price-supported commodities for
federal food- assistance programs.
The congressional efforts, led by Al Franken, D-Minn., and Richard Burr, R-N.C., in the Senate and by Tim Walz, D-Minn., and Steve King, R-Iowa, in the House, were made to help pork producers deal with losses averaging $22.50 per hog since September 2007. Over the past two years, the U.S. pork industry has lost more than $5 billion, and producers have lost more than 65 percent of the equity in their operations.
Small Business Group Claims It's too Early to Seek Compromise on Death Tax
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~A national organization of family-owned businesses and family farms said today that it would continue to seek permanent repeal of the federal estate tax, despite efforts by other business groups to set the tax rate permanently at 35 percent of all assets above $5 million. "As so often happens," said Dick Patten, president of the American Family Business Institute (AFBI), "business groups already are running for the barricades, before the fight begins, seeking compromise instead of victory. We don't consider a 35 percent tax rate an acceptable compromise. What it is, is highway robbery. What it is, is a formula for destroying family businesses, slowing economic growth, discouraging job creation. What it is, is a continuing threat to the future of millions of family businesses and family farms, the backbone of our economy and the heart and soul of many rural communities across America. "
The group has critisuzed efforts made by another coalition that includes the American Farm Bureau for offering support for a compromise floating thru Congress at this time that would put the exemption at $5 million dollars and impose a 35% tax on estates about that threshold.
The strategy that Patten and his group would prefer is to allow the tax exemption that will be in place for one year to expire and then allow the outrage to grow and force repeal after the expiration. We have more on this concept on our webstory- as well as the letter sent by the coalition that AFBF is a part of to members of Congress and their support for the $5 million dollar compromise. Click on the link below to read more.
Oklahoma Farm Bureau convention will be held Nov. 6-8
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma Farm Bureau's 68th Annual Meeting will be held November 6-8 at the Cox Convention Center in downtown Oklahoma City. The theme for this year's convention is "Our Brand - Our Future." "When you see the FB brand, the words integrity, tradition, hard work and the spirit of agriculture come to mind," said Monica Wilke, OFB & affiliated companies executive director. "As we look toward the future, we will build upon that strength of character for a future OFB leaders will continue to be proud of."
Ed Bell, a fruit and vegetable farmer from Hagerstown, Indiana, will deliver the keynote address during the kickoff session Nov. 6. Bell is a gifted communicator who embodies the American Dream through his perseverance, endurance and service to others. In addition to farming and speaking, he assists farmers and rural people with disabilities nationwide. Congressman Frank Lucas and Sen. Tom Coburn also have been invited to speak during the convention.
More details of the OFB meeting are now available on their website- click on the link below to see more details and an early agenda of the 2009 meeting of the general farm organization.
Oklahoma has back to back wins in the National Beef Ambassador Contest.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Last year it was Sierra Simpson from the Enid area that competed for and won a spot on the National Beef Ambassador team. This past week- another Oklahoman, Jackson Alexander of Anadarko competed in Ft. Smith, Ark. and also won a spot on the National Beef Ambassador team.
Tammi Didlot of the Oklahoma Cattlemen writes us in an email that "Jackson is a senior at Anadarko High School. Upon graduation he will attend Oklahoma State University. His parents are Buddy and Terri Alexander. Jackson is very involved in many clubs and organizations to include FFA, 4-H, FCCLA, Anadarko Riding Club. He has served on committees, held offices at local, state and national levels. Jackson has shown cattle for 12 years and has been involved in the NBAP contests at the state level previously at the Novice and Junior Divisions. His family raises registered Herefords."
"Other members of the NBAP team include Mandy-Jo Laurent from Texas, Ellen Hoffschneider from Nebraska, Malorie Bankhead from California, and Rebecca Vraspir from Wyoming. These young people competed in 4 areas - Media Interview, Classroom Presentation, Consumer Promotion, and Issues Response. We are so pleased to have Jackson representing Oklahoma and the Beef Industry. He is a talented and impressive young man. As a 2010 National Beef Ambassador, Jackson will attend events like the Certified Angus Beef Training, the National Cattlemen's and American National CattleWomen's annual convention, Boston Marathon, and New York State Fair."
OBI Fall Bull Test Sale Coming This Thursday, October 15
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This Thursday, October 15, 2009, the OBI All-Breed Performance Tested Bull Sale Sale begins at noon at the OBI Test Station, 8 miles west of Stillwater, OK on Highway 51. The participants in this latest Bull Test will be selling 41 Performance Tested Bulls, including 34 Angus & 7 Herefords. Also selling next Thursday will be 100 Commercial & Registered Replacement Females selling in groups.
OBI tests approximately 700 bulls annually and merchandises 300 of them through two All-Breed Performance Tested bull sales held in March and October. To qualify for the sale, bulls must complete testing with an index ranking in the top 70% of their contemporary group and pass a breeding soundness exam.
We have the OBI website linked below- click on the link and check out the listing of the fall sale and the full schedule of the October 15th sale.
Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, AFR 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!
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.
Let's Check the Markets!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We've had requests to include Canola prices for your convenience here- and we will be doing so on a regular basis. Current cash price for Canola is $7.50 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.75 per bushel- delivered to local participating elevators that are working with PCOM.
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:
God Bless! You can reach us at the following: