~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday February 5, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- The Winter Weather Offers a Silver Lining to Wheat Farmers
-- If you have Old Crop Wheat- Don't Miss the Rallies- Sell Some Bushels When They Appear
-- City Slickers from OKC on a Rural Crime Spree Arrested
-- Agriculture- Well Positioned for the Future
-- National Pork Forum Next Month
-- Temple Grandlin- the Movie- Premieres on Saturday
-- Roger Mills Cattlemen Host the 32nd Annual Western Oklahoma All Breed Bull Sale
-- 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.
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The Winter Weather Offers a Silver Lining to Wheat Farmers
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We got an email on Thursday from OSU crop disease specialist Dr. Bob Hunger- and he was giving us the first update he has seen- Dr. Hunger writes "Below is the first report of disease scouting in south Texas by Dr. Roy French. My interpretation is that he saw light levels of leaf rust and no stripe rust (both good news).
"I would suspect that with the type of winter we have had so far, rust in Oklahoma will have to rely on spores blowing up from Texas rather than from overwintering in Oklahoma.n the new year from south Texas about crop disease issues.
Here's the report that Dr. Hunger mentioned from south Texas and Dr.
Roy French- "Last week, I did some traveling along the southern Texas
Coastal Bend and more specifically, in the Lower Rio Grande Valley
(although more accurately a delta or floodplain).
If you have Old Crop Wheat- Don't Miss the Rallies- Sell Some Bushels When They Appear
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you have wheat in the bin from this past growing, Dr. Kim Anderson of OSU tells Austin Moore for this weekend's SUNUP program that you need to be selling some of that wheat each time we have a rally. He points to the fact that we saw some wheat price strength early in the week- farmers quickly let go of some cash wheat and prices backed down to about where they were before the price rally. Dr. Anderson says that is what wheat producers need to be watching for in the weeks ahead- those ten to fifteen cent price jumps which allow them to unload some of their old crop wheat.
For the 2010 wheat crop that will be harvested in June- what's a wheat farmer to do? Well, Dr. Anderson says the market is offering a local cash price of around $4.10 to $4.20 per bushel for that wheat to be harvested- probably not enough to forward contract much if any wheat. At harvest time, if you want some cash for immediate bills- you may want to sell 25% to 33% of the bushels you have come in from the fields- and then hold the bulk of the new crop for possible rallies later summer or into the fall.
We have Kim's comments from this weekend's SUNUP on our website for you to get an early listen to as the markets trade here at the end of this week. And- also on this story linked below- we have details of the rest of the SUNUP show from this weekend as will be seen on OETA.
City Slickers from OKC on a Rural Crime Spree Arrested
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~An investigation involving four Oklahoma law enforcement agencies has resulted in a total of 10 arrests involving stolen property and other crimes. Col. Mike Grimes, Director of the state agriculture department's Investigative Services Unit, said the cooperation of the different agencies helped identify and apprehend the suspects. Agencies involved included he Oklahoma Department of Agriculture, Food and Forestry; Canadian County Sheriff's Office; Cleveland County Sheriff's Office; and the Cleveland County DA's District 21 Task Force. Grimes said the Oklahoma City Police Department's Santa Fe IMPACT Unit Tulsa Police Metro Fugitive Task Force helped locate and arrest the final two suspects on Thursday.
The suspects are accused of targeting rural residences, barns and farms and stole primarily items such as four-wheel ATVs, vehicles, zero-turn mowers, tractors and trailers. The initial suspects were Julie Lawton, 22; Mark Palmer 34; and Mathew Shrum, 34. All three are Oklahoma City residents.
Seven more people were arrested with the assistance of the OCPD Santa Fe IMPACT Unit during the investigation. Grimes said a variety of charges including possession of stolen vehicles and methamphetamine were filed against the seven. The crimes were spread over a wide area of central Oklahoma.
Agriculture- Well Positioned for the Future
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~"Agriculture's position is the most conservative it has been in history," says Murray Wise, Westchester Group, Inc. founder and CEO. Wise told attendees of the High Plains No-Till Conference in Colorado on Tuesday that the agricultural industry is well positioned for the future.
As keynote speaker, Wise shared his perspective on how efficient American agriculture has become and what factors will continue to impact it. His insights come from close analysis of market and commodity trends and more than 30 years of experience in farmland acquisition, management and marketing in the United States and around the globe.
Wise cited population growth and increasing average income in China as prime factors for agriculture's strength. "Demand for American agricultural products is only going to increase," explained Wise. "Rising incomes in Asia are allowing millions of people to move from poverty to the middle class, increasing demand for protein."
Wise believes agriculture investors and farmers have a bright outlook
despite recent volatility and uncertainty from the economic downturn. Wise
urged his audience to look beyond the dollar figures of 2009. "Although
farm income is lower than in recent years, it remains near historic highs.
Plus, today's farmer is carrying much less debt than ever before, the
current average in Iowa is $9 debt per every $100 of equity compared to 30
years ago when it was $22."
National Pork Forum Next Month
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~During the National Pork Industry Forum next month Pork Act Delegates will discuss some of the key issues, challenges and opportunities facing the pork industry. The theme for this year annual business meeting is: 'Leading a World-Class Food Industry - Responsible. Sustainable. Professional. Profitable.' Pork Forum is scheduled for March 4-6 in Kansas City.
Tim Bierman, a Larrabee, Iowa, pork producer and president of the National Pork Board says - the theme mirrors the vision statement of the National Pork Board's new five-year strategic plan that will be presented to the delegates. Bierman says - we are eager to get the delegates' reaction to the board's vision for the role the Pork Checkoff will play in our future.
According to Bierman, - among the issues on the table this year are some new ideas about our marketing efforts as well as a progress report on programs that are helping to demonstrate producers' long-term commitment to socially responsible pork production. In addition, Delegates will address issues related to the Pork Checkoff program, including the rate of the Checkoff and the amount of Checkoff revenue distributed to state pork associations for Checkoff-funded programs.
Temple Grandlin- the Movie- Premieres on Saturday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~HBO Films will premiere "Temple Grandin" this Saturday evening, February 6. The movie, starring Claire Danes, portrays the life of Dr. Temple Grandin, one of the nations leading authorities on livestock behavior and livestock handling facilities.
An associate professor of animal science at Colorado State University, Grandin has been instrumental in helping to redesign livestock facilities and meat plants, in addition to improving animal welfare worldwide. Diagnosed with autism as a young child, Grandin has used her disorder to understand livestock.
The Beef Cattle industry's Beef Quality Assurance program has evolved
due to a lot of the work that Dr. Grandlin has pioneered. "Temple Grandin
has been a critical resource to Cargill, which has allowed us to
continually improve our animal handling facilities and our animal welfare
programs," said John Keating, President, Cargill Beef. Dr. Mike Siemens,
Cargill Leader Animal Welfare and Husbandry, added, "Temple's insight and
understanding of cattle behavior is truly unique. Her ability and
expertise in facility design have been invaluable to the beef industry."
Roger Mills Cattlemen Host the 32nd Annual Western Oklahoma All Breed Bull Sale
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Beginning at 12 noon, Saturday, February 6, 2010 (that's tomorrow), it's the 32nd Annual Western Oklahoma All Breed Bull Sale at the Roger Mills County Ag Pavilion in Cheyenne, Oklahoma, which is on the west side of town.
There will be more than 50 head of high quality bulls from well-known
western Oklahoma cattlemen. Breeds represented will be Angus, Crossbred,
Red Angus and Hereford.
For last minute questions about this sale- contact Lynda Lucas at 580-497-7366 or Earl Bottom at 580- 821-0633.
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 $7.20 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.40 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:
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