~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday September 16, 2009A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- USDA Secretary Vilsack in El Reno This Morning
-- Is It Time for an Entity Like the U.S. Food Animal Welfare Commission?
-- Market Gyrations Provide Market Opportunities
-- Wheat Growers Make a Case for Research Priorities in the Coming Fiscal Year
-- Time to Buy Tickets for Diamond Hats Gala is Now
-- Golden Triangle Awards Handed Out by NFU to Mostly Democratic Lawmakers During NFU Washington Fly In
-- Interstate Shipment Rules Published
-- 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 proud to have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for the free market quote page they provide us for our website or call them at 1-800-256-2555.
We are also excited to have as one of our sponsors for the daily email
Producers Cooperative Oil Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at 405-232-7555 for more
information on the oilseed crops they handle, including sunflowers and
canola- and remember they post closing market prices for canola and
sunflowers on the PCOM
website- go there by clicking here.
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USDA Secretary Vilsack in El Reno This Morning
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Later this morning at Redlands Community College in El Reno, Agriculture Secretary Tom Vilsack will hold a rural community forum in El Reno, Oklahoma, as part of the Obama Administration's Rural Tour. At the forum, Vilsack will share information with local residents about the work USDA is doing to revitalize and rebuild rural America and ask local residents how USDA can be helpful in supporting and initiating other programs and projects to help the community participate fully and successfully in the new, 21st century economy. Vilsack will also highlight American Recovery and Reinvestment Act projects improving communities in Oklahoma and benefiting people throughout rural America.
In June, President Obama announced that Secretary Vilsack will lead the Administration's Rural Tour to visit rural communities in states throughout the country. Secretary Vilsack is scheduled to lead Rural Tour events with other top administration officials over the coming weeks in Nebraska and New Mexico. Monday's event will be the nineteenth similar forum Secretary Vilsack has led since being sworn in, and follows rural listening sessions held in Zanesville, Ohio, Modesto, Calif., Sedalia, Mo., Des Moines, Iowa, Hamlet, N.C., Bethel, Alaska, St. John Parish, La., Blairs, Va., West Salem, Wis., Charlotte, Mich., Concord, N.H., Wattsburg, Pa., Danville, Ind., Geneseo, Ill., Harrodsburg, Ky., Ludowici, Ga., Portageville, Mo., and Brush, Colo.
The Secertary will hold this Rural Tour Community Forum at the Redlands Community College in the Ray Porter Complex, 1300 South Country Club in El Reno. Doors will open at 9 AM, with the Forum expected to last from 9:30 AM until 10:45 AM.
Is It Time for an Entity Like the U.S. Food Animal Welfare Commission?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Ben Wileman of Kansas State University spoke at the recent Southern Plains Beef Symposium in Ardmore- and there he talked of the need to have a single organization that could offer a "good housekeeping seal of approval" to the animal wellbeing practices that cattle producers use. He says one name that might work well would be the U.S. Food Animal Welfare Commission.
Groups like the HSUS want to dictate how animals raised for food are handled and processed- but their ideas are not based in sound science or take into account how the animals should best be treated for their well being. Instead, we have the HSUS wanting to make it more difficult to raise food animals, as they goal is to eliminate meat protein from the diets of most Americans.
Wileman says to make this type program work- we need it to be a single standard. A single standard would be less confusing to our consumer customers- as they learned to notice and look for that logo on the meat they buy in supermarkets or perhaps seeing that same logo in a menu at their favorite restaurant. You can listen to Wileman's explanation of how this type of Commission would work and inform and reassure the consumer and at the same time, take the wind out of the sails of the animal rights extremists- just click on the link below.
Market Gyrations Provide Market Opportunities
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~OSU Extension Livestock Market Economist Dr. Derrell Peel offers some thoughts on the wonderfulness of our current cattle market, which is working to come back closer to the center bubble on his Analytical Level. Dr. Peel writes "Markets are wonderful self-correcting mechanisms that do a remarkable job of inducing multitudes of consumers and producers to make adjustments to constantly changing market conditions. Most of the time they do this so subtly that the process goes unnoticed. However, in times of large shocks or major changes in markets, the process is more obvious. In these situations two things become more apparent; big adjustments are often painful and they are often frustratingly slow.
"And so it is with cattle markets. Most of the past three years (or six if you start with BSE) have been a rollercoaster of shocks and changes, some short run in nature and some likely more permanent. Arguably the biggest of these and one that is likely more permanent is the change in feed prices. Although the massive initial shock waves of high corn prices have subsided a bit, the beef industry is still making adjustments to reestablish profitably in the industry, especially in the feedlot sector. The industry has made significant adjustments by changing the manner and timing of cattle feeding and has been helped by three consecutive large corn crops that are giving us currently the lowest corn prices that can reasonably be expected. Still feedlot profits remain elusive. Although feed costs have moderated in recent months, the global recession has produced weak beef and fed cattle prices resulting in continued feedlot losses. The pain is very real and the long term reality of reducing excess capacity (feedlots closing) is underway at this time. Nevertheless, there is some potential light at the end of tunnel.
The near certainty of a 13 billion bushel corn crop this fall suggests that corn prices will remain in the $3/bushel range and keep feedlots cost of gain in check. Projected feedlot budgets, relative to live cattle futures, are almost at the point of showing a breakeven for cattle feeding. It will take months of profitability to stop the structural adjustments to feedlot capacity that are underway but it would only take a bit more help in terms of lower feeding costs or higher fed cattle prices to begin the process. There may begin to be some opportunities to lock in profitable margins in cattle feeding and that may offer more opportunities for cow-calf and stocker producers to have retained ownership as a viable alternative. Macroeconomic recovery that translates into stronger beef demand is possible in the next few months and will certainly help the process. Markets do not sit still and inevitably markets will continue to adjust and move towards relative input and output prices that allow profitability and more stability (in the absence of additional shocks!). Opportunities will appear and disappear along the way and producers should look for chances to take advantage of those opportunities. History is less of a guide in dynamic times and rules of thumb based on history are downright dangerous. Nevertheless, there are opportunities."
Wheat Growers Make a Case for Research Priorities in the Coming Fiscal Year
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The National Association of Wheat Growers and other leading organizations in the wheat, barley and oats industries wrote leaders of the Senate's agriculture appropriations subcommittee in recent days to outline priorities for the FY2010 agriculture appropriations bill's conference process. The groups told Members that small grains production and the manufacture and sale of their value-added products support millions of jobs and generate billions of dollars in business activity and tax revenue - payback that exceeds federal expenditures by many orders of magnitude.
Specifically the groups requested the conference committee:
Maintain Congressionally-directed projects for cereal disease research
at the USDA-Agricultural Research Service (ARS) Cereal Disease Laboratory,
St. Paul, Minn., and funding for Karnal bunt disease research at the
USDA-ARS Grain Marketing Production Research Center in Manhattan, Kan.
The groups also outlined preferred funding levels for a number of
special research grants of critical importance to small grains, including
projects on jointed goatgrass; barley for rural development; expanded
wheat pasture; the regional barley gene mapping project; Russian wheat
aphid; the Steep IV project; and wheat genetics research.
Time to Buy Tickets for Diamond Hats Gala is Now
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Diamond Hats, a group of Oklahoma women dedicated to advancing today's youth in agriculture, would like to invite you to The Diamond Hats Ball on Wednesday, September 30, 2009 at the National Cowboy and Western Heritage Museum. The Diamond Hats Ball, A Diamond Harvest, is being held to raise funds for scholarships and to support programs designed to prepare youth in agriculture for the future workforce of Oklahoma.
Lacey Dale Cully, President of the organization for 2009, urges everyone to go to their website and get more information and download the registration form for buying tickets right away. Standard event seating is available for $150 by reservation only. Table sponsorship is available for $1,500 and up . We talked to Lacey Dale at the end of this past week as she joined us for our TV segment on News9 this past Saturday morning. You can hear our conversation with her by clicking on the link below.
To inquire about Diamond Hats or get ticket information for the Diamond Hats Ball, A Diamond Harvest, please call Dusty Burchfield at (405) 880-5385.
Golden Triangle Awards Handed Out by NFU to Mostly Democratic Lawmakers During NFU Washington Fly In
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~No members of the American Farmers & Ranchers are involved in the fall Washington Fly In of the National Farmers Union- and the NFU is honoring none of the lawmakers from their biggest membership state. NFU says in their media release that the annual award is presented to members of Congress who have demonstrated leadership on issues relevant to America's family farmers, ranchers and rural communities. There were no lawmakers from either Oklahoma or Kansas that made the list- and only six Republicans were included along with 56 Democrats and Independent Bernie Sanders of Vermont. Perhaps the most curious lawmaker on this list is Republican Senator Richard Lugar of Indiana. And one omission for 2009 that is very apparent is the new Chairwoman of the Senate Ag Committee, Senator Blanche Lincoln of Arkansas.
This year's Golden Triangle recipients were selected for their leadership on a variety of issues, including: work to address the crisis in the dairy industry, support for climate change and energy legislation, efforts to increase transparency and oversight of commodity markets, support for increasing the use and production of renewable fuels, and increasing competition in the marketplace.
We have the full list of those that the general farm organization is honoring- click on the link below to jump to our story on our website, www.OklahomaFarmReport.Com.
Interstate Shipment Rules Published
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It is expected that later today on this Wednesday that USDA's Food Safety and Inspection Service will publish proposed regulations to implement a new voluntary cooperative program under which select State-inspected establishments will be eligible to ship meat and poultry products in interstate commerce. The new program, created in the 2008 Farm Bill, will allow State-inspected plants with 25 or fewer employees to ship products across State lines.
Under the proposed rule selected establishments will receive inspection services from federally trained and/or supervised State inspection personnel who will verify that the establishments meet all Federal food safety requirements. Meat and poultry products produced under the voluntary cooperative program will bear an official USDA mark of inspection, thereby enabling interstate shipment of the products.
Currently, 27 states operate State meat or poultry inspection programs, and FSIS verifies that the State programs are implementing requirements that are - at least equal to - those imposed under the Federal meat and poultry products inspection acts. For these programs, FSIS provides up to 50 percent of the State's operating funds and provides oversight and enforcement of the program.
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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 $7.60 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: