From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ron@oklahomafarmreport.com]
Sent: Friday, June 18, 2010 7:47 AM
To: Hays, Ron
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 Friday June 18, 2010
A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
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-- WLAC- the World Livestock Auctioneer Championship Getting Underway
-- Oklahoma Hits 50% Complete on 2010 Wheat Harvest
-- Wheat Prices Take a Bounce Higher- Kim Anderson Explains All
-- This week's Agritourism Venue- Plymouth Valley Cellars
-- NCBA has Worries About Brazil and FMD
-- USDA's Final Offer to Crop Insurance Industry Discussed by House Ag Subcommittee on Thursday
-- US Assures Brazil- Cotton Subsidies in 2012 Farm Law Will Drop for US Farmers.
-- Let's Check 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 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!

It is also great to have as an annual sponsor on our daily email Johnston Enterprises- proud to be serving agriculture across Oklahoma and around the world since 1893. For more on Johnston Enterprises-click here for their brand new website.

And we are proud to have P & K Equipment/ P & K Wind Energy as one of our regular sponsors of our daily email update. P & K is the premiere John Deere dealer in Oklahoma, with ten locations to serve you, and the P & K team are excited about their new Wind Power program, as they offer Endurance Wind Power wind turbines. Click here for more from the P&K 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.


WLAC- the World Livestock Auctioneer Championship Getting Underway
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Ty Thompson is the current World Livestock Auctioneer Champion- and remains in that position until Saturday night, when the 2010 Champion will be announced in Oklahoma City. Thompson is from Billings, Montana and has been busy serving the Livestock Auction Industry over the past year in this role.
We feature his comments in a conversation that we have had with him as he arrived in Oklahoma City for the Livestock Marketing Association annual meeting- click on the LINK below to jump to the full interview with Thompson that we have as a Podcast in our Ag Perspectives series.

Thompson talks with us about his getting established in the auctioneer profession, his view on the future of the business and even a bit of advice for the contestants that will compete for the right to take his place as World Livestock Auctioneer Champion.

The annual contest, now in its 47th year, is conducted and sponsored by Livestock Marketing Association (LMA), Kansas City, Mo. LMA is North America's largest membership organization dedicated to supporting, representing and communicating with and for the entire livestock marketing sector.
Thirty-two of the Championship semi-finalists qualified for the contest here through four WLAC qualifying contests, conducted by LMA from September - December 2009. The eight top-scoring contestants in each quarterfinal move on to compete here.
The 33rd contestant is the current International Auctioneer Champion, Paul Ramirez, Tucson, Ariz. LMA has traditionally given a "bye" into the WLAC semi-finals to the winner of the International contest, held at Canada's "Calgary Stampede."

Click here to jump to our Ag Perspectives Feature our website with Ty Thompson, World Livestock Auctioneer Champion for 2010.


Oklahoma Hits 50% Complete on 2010 Wheat Harvest
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The latest harvest report from Plains Grains and Executive Director Mark Hodges is that "Harvest in the states of Texas and Oklahoma is now at or near 50% complete on a state-wide basis with Kansas now at 5% complete. Rain during the past week in the Texas Panhandle, Oklahoma and Kansas had brought harvest to a virtual standstill over most of the region until Thursday. Common rain totals reported this past week were in the 3" to 5" range and as high as 10" in isolated areas."

"On average, test weights dropped a pound per bushel this week (62.8 to 61.9) (82.6 to 81.4), protein remained at 11.5% this week with a slight increase in shrunken and broken kernels. Preliminary mixograph testing (early 11.4% wheat protein composite) indicates a mix time of 3.5 minutes and a tolerance of 3 (0-6 scale). Flour characteristics included flour yield at 71.9% with absorption at over 59% (14% mb),. Preliminary bake test are pending.

"Harvest is projected to move rapidly over the next few days as temperature and wind increase and humidity decreases. Timely harvesting in many rain soaked areas is becoming more important as broadleaf weeds are now starting to appear in many fields. The trend has been a slight to moderate increase in protein as harvest has moved north and west and should be reflected in the next testing report."


Wheat Prices Take a Bounce Higher- Kim Anderson Explains All
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Wheat prices have moved stronger- even in the face of harvest. OSU Grain Marketing Economist Dr. Kim Anderson explains some of the reasons for the better wheat prices in recent days- and he also takes the time with Clinton Griffiths to talk about canola and corn prices as well.

One common factor that seems to be helping both our wheat prices, as well as winter canola prices are the rains that have been delaying planting in Canada. Planting delays have impacted both the spring wheat and canola crops in our neighbor nation to the north. That has been noted by the market and priced in- giving Oklahoma wheat and canola farmers better cash prices as we harvest both crops here in the southern plains.

You can see Kim's conversation with Clinton Griffiths tomorrow on SUNUP- or you can hear them right now by clicking on the LINK below. We also have the full rundown of the rest of the program on SUNUP as well- and we invite you to check that out, too.

Click here for more on the wheat market with Dr. Kim Anderson of OSU.


This week's Agritourism Venue- Plymouth Valley Cellars
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The Radio Oklahoma Network and Farm Director Ron Hays continue to promote Agritourism venues across the state in the spring/summer Adventure Passport contest. Between now and mid July, a different venue will be highlighted in radio and TV ads each week as we salute more than 500 events and venues to enjoy in the growing adventure known as Oklahoma Agritourism.

The venue we are featuring this week is Plymouth Valley Cellars and Vineyards near Fairview. Plymouth Valley Vineyards is a unique part of Oklahoma history. Surrounded by the beauty of the rolling Gloss Mountains and colorful gypsum formations, the Plymouth town site existed in the late 1800s. The vineyards offer a variety of Oklahoma items including premium Oklahoma grapes and wine, Oklahoma grape juices, "Made in Oklahoma" products, and more. Open daily from Noon to dark.

In 2006, the Oklahoma Farm Bureau named Dennis and Elaine Flaming Farm Family of the Year. That same year, the couple opened Plymouth Valley Cellars. The Flamings have been a farm family since they married in 1966 raising livestock, wheat and alfalfa.
You can go and see the TV spot for Plymouth Valley and get over to their website as well- if you click on the LINK below.

Click here for more on our Agritourism Venue of the Week- Plymouth Valley Cellars.


NCBA has Worries About Brazil and FMD
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The National Cattlemen's Beef Association (NCBA) has submitted comments regarding the U.S. Department of Agriculture Animal and Plant Health Inspection Service's (APHIS) proposed changes to the livestock disease status of Santa Catarina, Brazil. The proposed rule would relieve certain restrictions on the importation into the United States of live swine, swine semen, pork meat, pork products, live ruminants, ruminant semen, ruminant meat and ruminant products from Santa Catarina.

The NCBA says in their comments that "While we recognize and are supportive of the tremendous effort of the federal and state governments, industry and international organizations in South America to control and eradicate FMD, we remain concerned about the lack of ability to completely eradicate FMD in Brazil and the South American continent. We also appreciate APHIS' working to develop regionalization from a concept into a successful reality. NCBA is supportive of regionalization generally but strict and robust adherence to scientific analysis in all aspects (risk to animal health, economic analysis and environmental assessment) must be thoroughly followed. This is all the more important with contagious, difficult to control and economically devastating diseases such as FMD. FMD is considered the single largest animal-health threat for beef producers, and an outbreak in the U.S. would cost domestic beef producers an estimated ten to 34 billion dollars.

NCBA goes on to tell Uncle Sam that more risk analysis needs to be done to make sure that the US cattle industry is protected if any movement of the various products that USDA is proposing to allow in from the South American nation.
Click on the LINK below to read more of the concerns raised by NCBA this week as the US Government seems to be using this issue to appease the Brazilians over the US Cotton Subsidy case.

Click here for more on the NCBA comments on the FMD Disease Status in Brazil.


USDA's Final Offer to Crop Insurance Industry Discussed by House Ag Subcommittee on Thursday
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The House Ag Subcommittee on General Farm Commodities and Risk Management held its first hearing on the 2012 Farm Bill Thursday - hearing from USDA's Jim Miller - Under Secretary for Farm and Foreign Ag Services. Subcommittee Chairman Leonard Boswell says he appreciated the Under Secretary's testimony. Boswell says one of his top priorities in the next farm bill is to build upon the nation's current crop insurance programs so that they work for more producers in more regions of the country. Budgets are tight - Boswell notes - but he says tight budgets don't mean jeopardizing the existing risk management tools or questioning what improvements should be made in the future.

Much of the hearing was spent on Crop Insurance- and the hearing turned into a bipartisan rebuke of USDA's third and perhaps final draft Standard Reinsurance Agreement with the crop insurance industry. Kansas Republican Jerry Moran challenged USDA's authority to cap agent commissions under the new contract with crop insurance companies. Agriculture Under Secretary Jim Miller replied the limits are needed to protect taxpayers.

We have an audio report as a part of our web coverage of this hearing- which featured only witnesses from USDA. Click on the LINK below to read and hear more.

Click here for more on the Thursday hearing that looked mostly at Crop Insurance issues.


US Assures Brazil- Cotton Subsidies in 2012 Farm Law Will Drop for US Farmers.
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On Thursday, Brazil's Ministers reached a decision in support of a Framework regarding the Cotton dispute, which would avert the imposition of countermeasures of more than $800 million this year. This includes more than $560 million in countermeasures against U.S. exports which were scheduled to go into effect on Monday, June 21, 2010, as well as possible countermeasures on intellectual property rights that could have taken effect later. Brazilian officials say they are pleased with the agreement- and look forward to signing the Framework soon.

The US seems to be promising the Brazilians that cotton price supports for US Farmers will be reduced in 2012- even as the US government offers monies to support Brazil's cotton producers. It also puts on hold a final resolution until after the writing of the next farm law in 2012 or 2013.

Click on the link below for more on this story- as found on our website.

Click here for more from the USDA on this announcement from Brazil that they agree to the framework of a deal offered to defuse the Disupute settlement process.


Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, KIS Futuresand Big Iron Online Auctions 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- FREE!

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


Let's Check the Markets!
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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 $7.45 per bushel, while the 2011 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:
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- Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. <
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.



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