~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday March 24, 2010A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Oklahoma Cotton Industry Betting on More Acres in 2010
-- Is Time Getting Away From Us on a Death Tax Fix in 2010?
-- Farm Groups Join Hands in Arguing Against Farm Program Budget Cuts
-- Texas and Southwest Cattle Raisers' Special Rangers Help Recover Millions of Dollars Worth of Stolen Property and Animals in 2009
-- Oklahoma Receiving Rural Broadband Monies Announced by USDA
-- University of California-Davis Professor Calls Rubbish Idea of Livestock Impacting Global warming
-- OBI All-Breed Performance Tested Bull Sale Set for This Thursday
-- 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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Oklahoma Cotton Industry Betting on More Acres in 2010
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Members of the Oklahoma Cotton Council, who represent producers, ginners and warehousemen, are taking seriously producer survey predictions of large increases in cotton acreage across the Sooner State and surrounding areas.
Harvey Schroeder, the executive Director of the OCC., explains there are several reasons, including the National Cotton Council producer survey, why more farmers are expected to either increase their cotton acres or get into the cotton production business as a new endeavor.
"There is a big demand for cotton around the world right now," Schroeder said. "Increased demand has depleted the world supply of cotton and in response, cotton prices have increased. At the same time, NCC statistics are telling us, cotton acreage will increase in the Southwestern area wich is Texas, Oklahoma and Kansas. "It is predicted cotton acreage in these three states will make up almost 55 percent of the cotton grown in the US in 2010. Oklahoma's cotton acreage could increase as much as 25 percent, compared to last year."
Jeannie Hileman, manager, Farmers Cooperative Gin, Carnegie, Ok. is anticipating some more big production numbers. "Our board members were talking about the expected 25 percent increase in Oklahoma cotton acreage this year," she said. "Of course, that is acres, not bales at the end of the season we are talking about; there is a lot of weather to get through before harvest. "But we have plenty of subsurface moisture in dryland cottonfields right now; an excellent start before planting begins. We are looking at our need for more gin machinery. Last year, we ginned 60 percent more bales than the year before. Another 25 percent this year would stretch our capacity to take care of our clients.
SHe adds that "the excellent outlook for cotton prices this year would give our farmers a good opportunity to get good prices for a cotton crop that would help them rotate their wheat ground, get rid of persistent weeds that affect winter wheat and also let the cotton plant's taproot improve the tilth of their fields."
Is Time Getting Away From Us on a Death Tax Fix in 2010?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Here in 2010, the so called Death Tax is repealed- gone at the Federal level. That is, it's gone unless President Obama gets his way and brings it back at 2009 levels, which is what in his proposed Fiscal year 2011 budget. Of course, if everything is left alone, it returns with a vengeance in 2011, with a low exemption and high marginal tax rate.
So the question remains- Will the Democratic Leadership decide to deal with the so called Death Tax this year- or push a final decision off into 2011? At one point, it appeared that there was an opportunity to get a more permanent fix here in the early months of 2010 for Estate Taxes that might include a three to five million dollar exemption per person and stepped up basis, something that Mary Kay Thatcher told us at the recent Commodity Classic was essential for farmers and ranchers.
This past weekend at the TSCRA meeting in Ft. Worth, we spent time with Colin Woodall of the NCBA about the prospects for Congress doing something about the Death Tax- and he says it may be very difficult to get a longer term fix on the issue. Click on the link below for more on this issue which is our focus on today's Beef Buzz, as heard on great radio stations across the state on the Radio Oklahoma Network.
Farm Groups Join Hands in Arguing Against Farm Program Budget Cuts
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~As the budget process tilts into full gear amid ongoing debates about health care and tax extenders, agriculture supporters are making known their opposition to cuts proposed in the Obama Administration's budget and the Standard Reinsurance Agreement (SRA) renegotiation.
A coalition of 35 agricultural groups have written Budget Committee leaders in the House and Senate to express opposition to the proposed cuts, saying Congress should ensure the government keeps its five-year contract with agricultural producers.
The groups said they did not believe America's farmers and ranchers should have to bear a disproportionate burden of the cuts made to decrease the federal deficit or offset spending in other areas of USDA's budget. They pointed out that the USDA budget proposal actually increases outlays by $4 billion and said the proposal's provisions seem to "disregard the fact that the 2008 farm bill was fiscally-responsible and completely offset so as not to add to our country's deficit."
Click on our link below to read more about what both the coalition of farm groups have written Congressional leadership about- as well as a letter that came from several lawmakers to their leadership as well.
Texas and Southwest Cattle Raisers' Special Rangers Help Recover Millions of Dollars Worth of Stolen Property and Animals in 2009
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This past weekend, TSCRA reported at their annual meeting on the effectiveness of their 29 special rangers that are located in Texas and Oklahoma. Stolen livestock and ranch equipment worth more than $4.8 million were recovered or accounted for in 2009 by the Texas and Southwestern Cattle Raisers Association Special Rangers. The Fort Worth-based producer group was founded 133 years ago to fight the theft problem.
TSCRA currently has 29 special rangers stationed strategically throughout Texas and Oklahoma who have in-depth knowledge of the cattle industry and are trained in all facets of law enforcement. All are commissioned as Special Rangers by Texas Department of Public Safety and/or the Oklahoma State Bureau of Investigation.
In 2009, the special rangers investigated 1,022 cases in Texas and Oklahoma, primarily involving stray or stolen livestock. Working closely with federal, state and local law enforcement officers, the special rangers recovered or accounted for 3,918 head of cattle, 57 horses, 14 trailers, 24 saddles and 43 items of miscellaneous ranch property. The total market value of all recovered livestock and property reached $4,825,475.58. The average value of property recovered or accounted for each day was $13,220.
Click on the link below for more on the report made by the Rangers this past weekend in Ft. Worth. Four of the districts out of the 29 that TSCRA serve have Oklahoma counties included- and two of the rangers actually live here in the state.
Oklahoma Receiving Rural Broadband Monies Announced by USDA
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Agriculture Secretary Tom Vilsack today announced the selection of broadband infrastructure projects to give rural residents in Oklahoma and seven other states access to improved economic and educational opportunities. Funding for the projects is being provided through the American Recovery and Reinvestment Act.
There are two projects scheduled for Oklahoma. First, Pioneer Long
Distance, Inc.: The Western Oklahoma Wireless (WOW) Project; $1,819,349
loan and $1,783,322 grant. The funding will provide wireless broadband
service to unserved and underserved rural areas in western
"The broadband projects announced today will give rural Americans access to the tools they need to attract new businesses, educational opportunities and jobs," Vilsack said. "The Obama Administration understands that bringing broadband to rural America provides a gateway for businesses and key anchor institutions - such as libraries, schools, public buildings and community centers to provide services to thousands of Americans. These projects will create jobs building these networks, and the completed systems will provide a platform for rural economic growth for years to come."
University of California-Davis Professor Calls Rubbish Idea of Livestock Impacting Global warming
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The idea that livestock are responsible for 18 percent of greenhouse gas emissions is erroneous, despite how often the statistic is cited as support for the movement to reduce meat consumption, said Frank M. Mitloehner, a professor at the University of California, Davis, in a presentation to the 239th National Meeting of the American Chemical Society (ACS) in San Francisco on Monday.
The abstract of the paper authored by Mitloehner and two others says that the 18 percent number from a UN study does not match data they developed in California earlier this decade. The abstract says of the California data collection "direct livestock emissions (enteric fermentation and manure), totaling at less than 3% of total anthropogenic GHG and much smaller indirect emissions compared to the global assessment."
"We certainly can reduce our greenhouse-gas production, but not by
consuming less meat and milk," Mitloehner said, in a news release from
UC-Davis. "Producing less meat and milk will only mean more hunger in poor
OBI All-Breed Performance Tested Bull Sale Set for This Thursday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This Thursday, March 25, 2010, the OBI All-Breed Performance Tested Bull Sale is scheduled to begin at 12 noon at OBI in Stillwater, Oklahoma. The Bull Test Station will be selling 151 Performance tested bulls including 120 Angus, 10 Semmentals, 10 Herefords and 11 Maine-Anjou. Performance data will be provided for each bull.
In the sale catalog- which we have a link to on our auction listing at www.OklahomaFarmReport.Com- the link to that is below- the OBI team writes "We pride ourselves in offering the very best in professional service to our member breeders as well as other seedstock producers who desire to use our facility to glean individual performance information on their bulls. Our goal from the very start of Oklahoma BEEF, Incorporated has been to provide a standardized, highly credible post-weaning gain testing environment to accurately measure the genetic merit for post-weaning average daily gain, weight per day of age and yearling weight of seedstock bulls."
For more information, contact Tim Stidham, Test Station Manager at 405-624-1181- or go to our auction listing linked below.
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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 $7.65 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.65 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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