~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday June 25, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- Russia Agrees to Accept US Poultry Once Again
-- Harvest Inches Closer to Finish Line
-- On Price and Profit- Canola Vs Wheat is not much of a contest.
-- House Ag Hearing Provides Venue for Commodity Groups and General Farm Organizations to Grade the Farm Safety Net and More
-- How Much Separation is Needed to Rally Most Groups with Beef Cattle Membership to Want to Actively Push for a Second Dollar for the Beef Checkoff?
-- Pork Industry Worries About Canada and Columbia
-- Don Schieber Calls The Likes He Sees Them- on the Football Field and the Wheat Field.
-- 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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Russia Agrees to Accept US Poultry Once Again
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~First word on this story came from President Obama, who was hosting Russian President Dmitry Medvedev in Washington. "We have reached an agreement that will allow the United States to begin exporting our poultry products to Russia once again," Obama was quoted as saying in a report by Bloomberg.
There's no word whether this deal was concluded as the President took his Russian counterpart to Ray's Hell Burgers across the Potomac in Virginia where they had a hamburger and fries for lunch.
Russia, formerly the largest foreign market for U.S. chicken, imposed a ban Jan. 1 on all imports of poultry treated with chlorine, effectively barring those shipped by U.S. exporters. The action slashed U.S. exports by 84 percent in the four months if 2010 ended April 30, compared with the same period last year, the most recent USDA data show.
Once the Agreement is signed, U.S. producers will be able to resume shipments of poultry to Russia. Under the agreement, the United States will publish information on USDA's website about which disinfectants/pathogen reductions treatments are known to be approved by Russia for use on processing poultry and on food generally. The United States will provide information to Russia on the solutions that companies use on poultry shipped to Russia. In addition, the United States will give Russia an updated list of poultry processing facilities authorized to ship poultry to Russia.
U.S. poultry processors are prepared to use other antimicrobials to disinfect product in compliance with Russia's rules. Those substances must be tested and registered in Russia, Bloomberg quoted Sergei Danvert, head of the country's food safety watchdog, as saying. Analysts said they expect shipments to begin fairly immediately and support dark meat prices, especially for leg quarters. Leg-quarter prices have fallen nearly 26 percent year on year, JP Morgan's Ken Goldman said, citing Urner Barry data. "The end of the ban should, when stocks of frozen supply are worked through, bring prices for leg quarters back to a normal range," he said.
Harvest Inches Closer to Finish Line
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Harvest continues closer and closer to being done in the state of Oklahoma. And from Kansas, we have a report from central Kansas that shows they are also doing well. Mike Becker emails us about their harvest experience. "Wheat harvest here in central KS near Salina is winding down. Not as many trucks on the road, we got done last Sunday afternoon.
"The best wheat we had was SanteFe, no tilled on soybean ground last fall. Cut the soybeans one day and planted the next with a JD no till air seader. Test weight was 62 and the yield was 61. Our yields varied from 48 to 61 bushels per acre. A lot of wheat stubble going to soybeans as soon as the wheat crop is off."
In Oklahoma- KC Kinder of the Oklahoma Wheat Commission tells us that sources in Kay County say that portions of that county are still only 50% done- as rains have made it a start and stop proposition.
We are also about 50% done in the Oklahoma Panhandle- "We received a
report of test weights in 61 to 63 pound range and yields of 54 and 55
bushels per acre."
On Price and Profit- Canola Vs Wheat is not much of a contest.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The economics of winter canola looks really good- so says Dr. Kim Anderson of OSU as he talked yesterday with Clinton Griffiths of OSU's weekly TV show, SUNUP. Anderson says the cost of growing a Canola crop is not a lot different from the input costs for wheat- and will yields 30 bushels or a little better, profit prospects for winter canola are really good when canola prices are at current levels.
Dr. Anderson also talked about the rising wheat market, saying much of the rally from the lows has been achieved, which suggests to him that you may want to be more aggresive in selling a portion of your harvest now rather than storing most of it into the fall.
Kim Anderson's comments come from the weekly OSU Ag Communications TV effort- SUNUP. You can hear Kim's comments RIGHT NOW or wait until Saturday morning to catch them on SUNUP. just click on the LINK below to do that- plus we have the full lineup for this weekend's TV show for SUNUP there as well.
House Ag Hearing Provides Venue for Commodity Groups and General Farm Organizations to Grade the Farm Safety Net and More
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Two general farm organizations, plus several commodity groups offered their thoughts on the current farm programs to a House Ag Subcommittee on Thursday. In listening to some of the testimony- plus reading releases from many of the organizations- you can see some common denominators coming from the groups.
One good analysis of where we are in the process was the description offered by Eric Younggren- Vice President of the National Association of Wheat Growers. "As we look ahead to 2012, the policy development process is not unlike decisions facing farmers about what to do with aging equipment," he told Members of the Subcommittee. "Compare our current farm policy with a 14-year-old combine that has accumulated about 2,800 hours of use. We're familiar with and appreciate the general predictability of the overall system, despite the glitches that come with age and known limitations." Click here for more on the NAWG testimony.
You can also click on the names of the following groups for what they had to say as well- The American Farm Bureau Federation, the National Farmers Union, the American Soybean Association and the National Cotton Council.
How Much Separation is Needed to Rally Most Groups with Beef Cattle Membership to Want to Actively Push for a Second Dollar for the Beef Checkoff?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Federation of State Beef Councils would continue to be a strong checkoff entity but would be free from the influence of any policy organization if it were a separate entity from the National Cattlemen's Beef Association (NCBA). That's the conclusion of a recommendation from the Cattlemen's Beef Board (CBB) Executive Committee this week.
Along those lines- we have been talking with the Vice Chairman of the CBB, Tom Jones from the state of Arkansas. We wrap up our conversation with him today on the BEEF BUZZ. We jump right into the issue of separation- and look at what level Jones is thinking would be adequate to satisfy the perceptions of NCBA having undue influence as decisions are made on how to spend portions of the beef checkoff dollar.
This is our third Beef Buzz feature with Jones this week- our LINK below includes all three segments to help pull together a perspective of this issue from a Beef Board point of view(realize that this is Tom Jones speaking for himself and not the full CBB). Jones contends that the USDA asked the CBB at the meeting that USDA called last week for the Beef Board to weigh in on this topic- and the action of the Executive Committee of the CBB is in response to that request.
Pork Industry Worries About Canada and Columbia
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Canadian Senatethis week gave final approval to a free trade agreement (FTA) with Colombia, ensuring that exports of Canadian pork products and many other food and agricultural commodities will have immediate market-access advantage over U.S. products in the Colombian market. The United States and Colombia signed a free trade agreement Nov. 22, 2006 - now more than three and a half years ago. The Colombian Senate in 2007 voted to approve the agreement by a margin of 55-3 and the House by a margin of 85-10. The U.S. Congress has not yet begun debate on the implementing legislation. To this point- the Obama Administration has refused to move the FTAs with Colombia, Panama and South Korea to the Congress for an up or down vote.
According to Iowa State University economist Dermot Hayes, the U.S.-Colombia FTA, when fully implemented, would raise Live U.S. hog prices $1.15 above what would otherwise be the case. With Canada's action and with the failure of the U.S. government to implement the U.S.-Colombia FTA, trade benefits now will shift to Canadian pork producers.
Click on the LINK below for more on this story and more on the analysis developed by Dr. Hayes on the value of this particular FTA.
Don Schieber Calls The Likes He Sees Them- on the Football Field and the Wheat Field.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Jennifer Latzke of the High Plains Journal has done a good feature article on our long time friend Don Schieber from Kay County. She offers a profile of the soon to be Chairman of the US Wheat Associates.
Don and I were members of Class I of the Oklahoma Ag Leadership Program- and Don had to endure some of my late at night reporting from our hotel rooms that we shared in China for the International Travel Experience for that Class. We were roomates for that international travel- and have worked together on OALP and wheat industry issues ever since.
I like what Alan Tracy, top hired hand of US Wheat Associates had to
say about Don and his ability to make a difference as a wheat producer
leader. "Folks like Don are the reason why our customers tell us they
enjoy their farm visits most when they travel here," Tracy said. "He has
that special warmth that draws people in. I remember at our World Staff
Conference in 2008, Don, on his own, asked people who had been with U.S.
Wheat Associates for 25 years or more to come up front and then he offered
heartfelt thanks for their service. It feels good having a leader like
Don, who cares so much for our staff, and our customers see that in him,
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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 $7.35 per bushel, while the 2011 New Crop contracts for Canola are now available are $7.25 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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