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mornings with cash and futures reviewed- includes where
the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
Each afternoon we are posting a recap of that day's
markets as analyzed by Justin
Lewis of KIS futures- click
here for the report posted yesterday afternoon around 3:30 PM.
Our
Oklahoma Farm Report Team!!!!
Ron Hays,
Senior Editor and Writer
Pam Arterburn,
Calendar and Template Manager
Dave Lanning,
Markets and Production
Leslie Smith,
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Oklahoma's Latest Farm and Ranch News
Presented by
Your Update from Ron Hays of RON
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Chairman Conaway Rejects USDA Legal Analysis, Presses
for Action
House
Agriculture Committee Chairman K. Michael Conaway
(R-TX) Friday sent a written reply to Secretary of Agriculture Tom Vilsack's
February 3 letter in which the Secretary denied the request of 100
members of Congress who sent a bicameral, bipartisan letter urging
the Secretary to take urgent action to stave off a farm financial
crisis in the cotton belt. The members of Congress urged the
Secretary to use his legal authority to designate cottonseed as an
eligible oilseed for purposes of the Farm Bill. Upon sending a
written reply to the Secretary, which can be read in full here,
Chairman Conaway issued the following statement:
"I am deeply disappointed in the Secretary's decision because it
jeopardizes the livelihoods of thousands of hard working farm
families and the countless communities that depend on them. These
farm families and communities are left alone to face the predatory
foreign trade practices of China, India, and other countries that
are, according to the analysis of our own government, wreaking havoc
on global cotton markets through heavy subsidies, tariffs, and
non-tariff trade barriers. Given the increasingly dire conditions
farm families face in the cotton belt and the grave consequences of
failing to act, I have little choice but to continue to press for the
same kind of responsible, urgent, and meaningful response that has
always been taken to address emergencies impacting producers of other
commodities."
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USDA Seeks to
Enroll 450,000 More Oklahoma Acres in Conservation Stewardship
Program
USDA's Natural
Resources Conservation Service (NRCS) in Oklahoma
plans to add an estimated 450,000 more acres to the rolls of the Conservation Stewardship
Program (CSP) during fiscal year 2016. NRCS Oklahoma
State Conservationist Gary
O'Neill encourages farmers, ranchers and landowners
to submit applications by March 31 to their local USDA service center
to ensure they are considered for enrollment in 2016.
This follows Agriculture
Secretary Tom Vilsack's announcement today of $150
million in funding available through CSP nationwide. CSP is USDA's
largest conservation program that helps producers voluntarily improve
the health and productivity of private and Tribal working lands
through more than 100 different land enhancements.
"The Conservation Stewardship Program is one of our most popular
programs with producers because it results in real change on the
ground by boosting soil and air quality, conserving clean water and
enhancing wildlife habitat," O'Neill said. "With this
investment, we'll be able to build on the already record number of
acres enrolled in USDA's conservation programs, enabling producers to
achieve higher levels of conservation and adopt new and emerging
conservation technologies on farms and ranches."
Participants with existing CSP contracts that will expire on Dec.31,
2016 have the option to renew their contracts for an additional five
years if they agree to adopt additional activities to achieve higher
levels of conservation on their lands. Applications to renew are also
due by March 31.
Click
or tap here to read more about the 2016 enrollment period for
CSP.
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CattleFax's Randy Blach
Says Disappearing Price Discovery Big Problem for Cattle Market
It's
been a long standing problem- the lack of liquidity in cash cattle
market price discovery. Numbers of cattle actually selling for
cash has been on the decline for a lot of years- but 2015 saw those
numbers shrink in some weeks to under two thousand head in the
southern plains as compiled by the Texas Cattle Feeders Association.
In speaking at the Cattle Industry Convention, CattleFax
Chief Executive Officer Randy
Blach said there needs to be more points of price
discovery on a weekly basis.
"When we have one point of price discovery at 4:30 on Friday
afternoon where we trade cash cattle, that's not a very efficient way
of doing business, is it?" Blach said.
The downturn in the cattle markets were compounded by a large amount
of heavy cattle that were backed up in the system in the late summer
and early fall. Blach said the market was offering an incentive to
packers to ship cattle out of those areas and move them to areas with
less inventory. He said when you do that, you end up with a much more
limited cash price market in the central and southern Plains and
there isn't any price discovery. At the time, he said 95 percent of
the cattle were being sold on a formula or grid and only five percent
were selling in the cash market in the central and southern plains
and that's when the industry found its tipping point.
It has not been that many years when there were 18,000 to 20,000 head
selling weekly in the region. Today, the Texas Cattle Feeders are
reporting 1,500 - 2,500 head(and some weeks less than that.)
Things also changed in losing the Cargill packing plant in Friona,
Texas. Blach said feeders need access to packing plants. An area like
Kansas will probably see more price discovery.
"As long as we have a point of adequate price discovery within
that region, I think that's what's most important," Blach said.
I featured Blach on the Beef Buzz . Click
or tap here to listen to today's Beef Buzz.
You can also hear the complete conversation that I had with Randy
Blach at the 2016 Cattle Industry Convention in San Diego- by clicking
here.
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USDA, Fuel Up to Play 60
Award $35 Million in School Grants
The U.S.
Department of Agriculture and the dairy
farmer-founded Fuel
Up to Play 60 program are providing $35 million in
grants to help schools nationwide upgrade their kitchen equipment and
infrastructure to help provide students better access to healthy
foods, including dairy.
More than 30 million students - or three out of every five - rely on
school meals once or twice a day. However, according to a 2014 Pew
Charitable Trusts survey, 88 percent of schools reported lacking at
least one piece of equipment they needed in order to serve healthier
foods.
"These grants will go far in helping thousands of schools that
face a daily reality that students often arrive hungry, which impacts
their ability to learn," said Paul Rovey, Arizona dairy farmer
and chairman of Dairy
Management Inc., which manages the national dairy
checkoff. "This partnership between Fuel Up to Play 60 and USDA
really helps create meaningful changes in the lives of children by
making it easier to offer healthy school meals."
Fuel Up to Play 60 has become the nation's most effective program of
its kind by reaching students in 73,000 schools. It was created by
dairy farmers and the National
Football League with support from the USDA to foster
the next generation of healthy, high-achieving youth. Click
or tap here to read more about Fuel Up to Play 60.
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Sponsor
Spotlight
Midwest
Farm Shows wants to thank everyone who came to
the 2015 Tulsa Farm Show. The show has grown tremendously over
the past 22 years- and 2015 was the best yet!
Now is the time to
put on your 2016 calendar the date for the 2016 Oklahoma City Farm Show,
coming April 14,
15 and 16, 2016. Contact Ron Bormaster
at (507) 437-7969 for more details about how your business or
organization can be a part of the 2016 Oklahoma City Farm Show!
Click here for more
details about the 2016 Oklahoma City Farm Show- presented by Midwest
Farm Shows.
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Syngenta Obtains Judgment
Against South Dakota Plant Variety Protection Act Violator
Syngenta
has obtained a $25,000 settlement from Paul and John Mayclin, Mayclin
Farms, Plankinton, South Dakota, in response to their Plant Variety
Protection (PVP) Act violation. Mayclin admitted to unauthorized
sales of Syngenta's AgriPro® brand winter wheat variety SY Wolf.
The PVP Act states that protected seed may not be sold, re-sold or
used to produce seed without permission of the developer. The law
allows for legal action against all parties involved in transactions
that violate the law, potentially including the seller, the buyer,
the cleaner, grain elevators and any other parties.
"We owe it to our seed associates and producers who follow the
law and buy their certified seed legally to prevent illegal use of
our federally protected seed," said Darcy Pawlik,
product marketing lead for Syngenta's cereals business. "We must
stop illegal use of our genetics if we are to have a forward-looking
seed industry with continued improvements in good quality
grain."
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Want
to Have the Latest Energy News Delivered to Your Inbox Daily?
Award winning
broadcast journalist Jerry
Bohnen has spent years learning and understanding how
to cover the energy business here in the southern plains- Click here to
subscribe to his daily update of top Energy News.
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Bayer Seeks to Stop EPA's
Decision on Valuable Insecticide for Farmers
Crop
Science, a division of Bayer,
announced Friday it has refused a request by the Environmental Protection
Agency (EPA) to voluntarily cancel the uses of
flubendiamide in the United States and instead will seek a review of
the product's registration in an administrative law hearing.
The company believes the methods used by the EPA exaggerate
environmental risk and would deny farmers access to a critical pest
management tool. Sold in the U.S. by Bayer under the trade name
Belt®, flubendiamide is approved for use on more than 200 crops
because of its strong pest performance, favorable environmental and
toxicological profile, and excellent fit in integrated pest
management (IPM) programs.
The EPA claims uses of flubendiamide may harm benthic organisms that
live in the sediment of waters near agricultural fields, without any
evidence of harm in more than seven years of commercial use. Bayer
strongly disagrees with the EPA's methodology, which is based on
theoretical models and assumptions that exaggerate risk. Years of
water monitoring studies have shown residues of flubendiamide and its
metabolite are well within safe levels established for aquatic
invertebrates.
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Cotton Producers Intend to
Plant 9 Million Acres in 2016- Up 6% From Year Ago- Oklahoma Expects
14.4% Jump
U.S. cotton producers intend to plant 9.1 million cotton acres this
spring, up 6.2 percent from 2015, according to the National Cotton
Council's 35th Annual Early Season Planting Intentions Survey.
Upland cotton intentions are 8.9 million acres, up 5.7 percent from
2015, while extra-long staple (ELS) intentions of 208,000 acres
represent a 31.2 percent increase. The survey results were announced
today at the NCC's 2016 Annual Meeting in Dallas, Texas.
In Oklahoma, the expectation is that cotton producers will add about
30,000 acres compared to what was planted in 2015- the NCC intentions
show Oklahoma at 246,000 acres for this spring. That's a 14.4% jump
from a year ago. Texas will also increase acres in 2016, with total
acreage in the largest cotton growing state expected to top the five
million acre level at 5.066 million acres. Overall, Texas cotton
acreage is expected to increase by 5.6 percent with south Texas responsible
for the statewide increase. The survey responses indicate that cotton
growers expect to plant land that was idled in 2015 due to excessive
moisture. Little change in acreage was indicated in the state's other
regions.
Dr. Jody
Campiche, the NCC's vice president Economics &
Policy Analysis, said, "Planted acreage is just one of the
factors that will determine supplies of cotton and cottonseed.
Ultimately, weather, insect pressures and agronomic conditions play a
significant role in determining crop size."
Besides the southwest acreage gains for 2016- it looks like the
Mid-South will be expanding cotton acres this spring- click here for
the complete story from the National Cotton Council meeting from this
past weekend in Dallas. (and it's nice to have a story featuring Jody
Campiche who moved on from the OSU Ag Econ Department this past year
to the National Cotton Council)
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This N That- Fire Danger
Big Worry, Hesston Milestone and OSU Livestock Judging Team Places
Third in Ft Worth
News9's morning Weather Guy Jed
Castles has provided us with a graphic that reminds
us that we are getting into the fire danger season- especially with
little rainfall thus far in 2016 in most of Oklahoma.
It will be on the cool side and very windy across a lot of Oklahoma
today- and here is the result:
It looks dry most of this week- and temperatures will be jumping into
the sixties by Wednesday or so.
**********
Hesston by Massey Ferguson, the industry's leading hay equipment
brand of AGCO Corporation (NYSE:AGCO) - who introduced the
self-propelled windrower to the agricultural harvesting world more
than 60 years ago - will complete the production of its 100,000th
windrower in March 2016 in Hesston, Kan. The landmark achievement
will be celebrated in Hesston on Tuesday, March 29, 2016.
"When Hesston's founder, Lyle
Yost, introduced the first self-propelled windrower
back in 1955, he not only shared this unique invention but he would
ultimately be a leader in the revolution of the hay business,"
explained Kyle
Kitt, marketing manager for hay cutting, preparation
and forage at AGCO. "Over the course of the last 60 years, our
skilled engineers have worked to innovate and improve upon this
harvesting machine, such as with the recent addition of rear-wheel
steering, known as RearSteer. This is our effort to listen and
respond to the needs of farmers not just here in North America, but
across the world."
Hesston is a small farming community north of Wichita on I-235- and
they are a great part of the wonderful history of agriculture here in
the southern great plains.
More details about this 100K milestone are available
here.
**********
Finally- we got word over the weekend that the Oklahoma State University
Livestock Judging team did well at Fort Worth Stock Show Collegiate
Livestock Judging Contest.
The OSU team placed third behind Texas Tech and Texas A&M, but
would have won if three of the top OSU competitors had been on the
designated OSU team. OSU claimed five of the top ten individual
slots in the contest- with three of those five not on the
"team" for ranking purposes.
The OSU team won in the cattle, horses and reasons categories.
High individual in the contest was Bryce Hauenstein, Amy Wolff
placed third overall, Maggie
Neer was 6th overall, Callie Akins was seventh and Logan Van Allen
placed eighth.
Of those five, the scores for Neer and Akins counted toward the OSU
team score.
If the top five OSU alternates would have been a "team"- they
would have won the team competition over Texas Tech by 32 points.
Another excellent showing by the OSU Livestock Judging squad as
coached by Blake
Bloomberg.
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Our
thanks to Midwest Farms Shows, P & K Equipment,
American Farmers
& Ranchers, Stillwater Milling Company, Oklahoma AgCredit, the Oklahoma Cattlemens
Association, Pioneer Cellular,
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