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We
invite you to listen to us on great radio stations
across the region on the Radio Oklahoma Network
weekdays- if you missed this morning's Farm News - or
you are in an area where you can't hear it-
click
here for this morning's Farm news
from Ron Hays on RON.
Let's Check the
Markets!
Today's
First Look:
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.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Current
cash price for Canola is $12.14 per bushel at the Northern
Ag elevator in Yukon.
Futures
Wrap:
Our
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
Feeder
Cattle Recap:
The
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
Slaughter
Cattle Recap:
The
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
TCFA
Feedlot Recap:
Finally,
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Friday,
June 8,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Senate
Votes Overwhelmingly to Move 2012 Farm Bill to the
Floor for
Consideration
The
U.S. Senate cleared a procedural hurdle and voted
to proceed to consideration of the Agriculture
Reform, Food and Jobs Act of 2012 on a vote of
90-8. Senator Debbie Stabenow,
Chairwoman of the U.S. Senate Committee on
Agriculture, Nutrition and Forestry, and Senator
Pat Roberts, the Committee's
Ranking Member, co-authored the bipartisan reform
bill and will manage consideration of the bill on
the Senate floor.
"This
bill represents commonsense and responsible
reforms that will save taxpayers tens of billions
of dollars while strengthening key initiatives
that will allow our economy to continue growing
and creating jobs," Stabenow said. "This bill has
garnered widespread praise from hundreds of farm,
food and conservation organizations for its common
sense reforms, deficit reduction, and investments
in our economic future."
News
of the bill's move to the Senate floor was hailed
by farm groups, including the National Corn
Growers Association.
NCGA
President Garry Niemeyer
said, "The overwhelmingly
positive vote on the floor reaffirms that Senators
understand the importance of passing the 2012 Farm
Bill this year.
"The
2012 Farm Bill creates the reforms needed to not
only reduce the federal deficit but ensure a
positive beginning for the next generation of
America's farmers. We thank the Senate for their
support and urge debate to begin quickly."
Click here for more on
the bill's move to the Senate floor, and a
link to a summary of the bill
itself.
You can read Garry Niemeyer's full
statement by clicking
here.
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Sponsor
Spotlight
We
are also excited to have as one of our sponsors
for the daily email Producers Cooperative
Oil Mill, with 64 years of progress
through producer ownership. Call Brandon Winters
at 405-232-7555 for more information on the
oilseed crops they handle, including sunflowers
and canola- and remember they post closing market
prices for canola and sunflowers on
the PCOM website- go there by clicking
here.
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- and their iPhone App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your iPhone.
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Obama
Administration Supports Senate Passage of 2012
Farm Bill
In
a press release issued by the White House, the
Obama administration indicated its support for
swift action on the new farm bill:
The
Administration supports Senate passage of S. 3240,
the Agriculture Reform, Food, and Jobs Act of
2012, and looks forward to working with the
Congress to address the important concerns
described below prior to final passage.
The
Administration greatly appreciates the Senate's
bipartisan efforts to enact a farm bill. With
authorization for farm- and food-related programs
set to expire this year, it is critical that the
Congress pass legislation that provides certainty
for rural America and includes needed reforms and
savings. The new farm bill should promote rural
development, preserve a farm safety net, maintain
strong nutrition programs, enhance conservation,
honor our World Trade Organization commitments,
and advance agricultural research. In light of the
Nation's long-term fiscal challenge, the
legislation should also contribute significantly
to deficit reduction.
The
Agriculture Reform, Food, and Jobs Act of 2012, S.
3240, makes meaningful progress toward the
Administration's goals. Notable reforms include
eliminating the direct payment system; tightening
payment and eligibility requirements;
strengthening access to healthy, affordable food;
protecting emergency food aid programs and
authorities; and increasing flexibility in the
delivery of international food aid.
Click here to read more about the
administration's position on the farm
bill.
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Wheat
Harvest Slows With Rain and Mild Temps- Plains
Grains Calls Oklahoma 81% Complete
According
to Plains Grains, Incorporated,
the 2012 Hard Red Winter wheat harvest continues
to roll despite rain across a wide area of the
southern and central Great Plains over the past
several days. Temperatures have also moderated
adding to the slow dry down in those areas that
received the moisture. Texas is now just
short of 50% complete with harvest on a
state wide basis, now cutting wheat from Amarillo
north to the Oklahoma line and south past Lubbock
(this area is nearing 30% complete).
Oklahoma producers were
only able to reduce the remaining 25% yet to be
cut in that state at the start of the week to 19%
left (81% complete) at this
writing. There is still a significant amount of
irrigated wheat in the Oklahoma Panhandle that
will need a few more days to mature and dry down.
Kansas progress was also
slowed this week due to rain and likely be back
into full swing by the weekend. One third of the
Kansas crop has now been harvested this year,
according to Plains Grains.
Click here for more on the amount
of harvest done as well as an analysis of
the quality factors reported by Plains Grains this
week- as they indicated that protein levels took a
jump higher in this latest report.
Meanwhile,
the Oklahoma Wheat Commission
also provided us with their latest harvest update
specifically for the Sooner state on Thursday
afternoon- their CEO, Mike
Schulte, says that harvest has been slow
moving and "has not changed much because of the
weather conditions making it difficult for harvest
this past week."
Click here for the specifics
reported by the OWC on Thursday afternoon.
Finally,
the day ten report on the Kansas
Wheat harvest is also available- click here to check the continued
expansion of harvest in the Sunflower state.
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Producers
Encouraged to Scout, Treat Fields for Grasshoppers
From
the Old Testament to Pixar's A Bug's Life,
grasshoppers have always played the villain.
As summer approaches, agricultural
producers in the Southern Great Plains should
expect this particular insect to play its usual
rogue role. Without a cold winter or cool spring,
much of the grasshopper population has lived
through the early stages of its life cycle.
Agricultural experts at The Samuel Roberts Noble
Foundation say pastures and fields are likely to
be bustling with young grasshoppers (nymphs) that
are ready to do damage.
"Grasshoppers can
quickly devastate a field," said David
Annis, soils and crops consultant at the
Noble Foundation. "Grass and forage producers need
to be aware that this will be a potential problem
this season."
Click here for more from the Noble
Foundation on what could be a banner year for
grasshoppers.
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Senator
Coburn Offers Amendments To 2012 Farm Bill for
Floor Consideration
Oklahoma's
junior Senator, Dr. Tom Coburn,
greeted this morning's overwhelmingly positive
vote to move the 2012 Farm Bill to the Senate
floor by offering three amendments to the
measure. All are focused on lowering federal
expenditures.
Coburn's first amendment,
2186, was coauthored with Majority Whip
Dick Durbin (D-IL). This
amendment would reduce the level of federal
premium support for crop insurance participants
with an Adjusted Gross Income (AGI) over $750,000
by 15 percentage points for all buy-up policies
beyond catastrophic coverage.
The
second amendment, 2214, would prohibit the use of
public funds for political party conventions and
would require the return of previously distributed
funds to the Treasury for deficit reduction.
The
third amendment offered by Coburn, 2225, would
prohibit federal tax cheats from receiving federal
farm subsidies.
The
Environmental Working Group lauded Coburn's
amendments along with others like them.
"The
federal government cannot justify providing
extraordinarily costly subsidies to the most
profitable and financially secure farm businesses
that can easily afford to share more of the cost
of their crop insurance," said Craig
Cox, senior vice president of agriculture
and natural resources at EWG.
You can read more about Coburn's
amendments by clicking here.
More from the EWG is available
by clicking here.
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Anderson
Says Wheat Market 'Catching Its Breath' In Weekly
SUNUP Preview
Wheat
prices climb 20 cents this week after sliding
lower for the past couple of weeks. In a preview
of this week's SUNUP program, OSU Small Grain
Marketing Specialist Kim
Anderson, says the markets are treading
water.
"The
market's just kind of catching its breath and
evaluating what's going on out in the world. We
talked about the European Union and the Euro
problems and those are still going on. China this
week, they lowered their interest rates trying to
get their economy going a little better than it
was. The wheat harvest in Oklahoma and Kansas is
coming in less than was expected and I think that
helped put the brakes on prices."
He
said the WASDE report to be released next Tuesday
might hold some surprises, but if prerelease
numbers hold true, they portend a mixed bag of
ending stocks in the grain market with wheat
higher than expected, corn way up and soybeans
down.
"If
these numbers come in as the average of these
estimates indicate, I think we'll see some
stability in prices. Our wheat prices may go down
with harvest pressure as they go up, but I think
these numbers are going to help support our
prices."
Click here for more of Kim's Friday
preview of his SUNUP interview and to check out
the rundown for this weekend's
show.
SUNUP
airs on OETA at 7:30 a.m. Saturday.
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Telling
the Beef Industry Story- ANCW President Tammi
Didlot of Oklahoma
The
President of the American National Cattlewomen
calls Oklahoma home, but Tammi Didlot has not seen
a lot of home this year as she has traveled from
coast to coast and over to Hawaii as well- meeting
with cattle ladies from across the country and
encouraging them to focus on telling the cattle
industry story to consumers. Didlot talked with us
at the Oklahoma Beef Ambassador contest on
Thursday in Stillwater- and we feature her
thoughts on telling the cattle industry story on
today's Beef Buzz.
Didlot
says that so often, we assume that everyone knows
and understands the story of how beef goes from
"the pasture to the plate" but the truth is that
very few consumers have any idea at all. "You
can't assume that people just know" about where
their beef comes from. And she acknowledges that
most consumers don't really care, as long as they
are comfortable with the fact that it is safe for
their families to eat- and offers lots of
nutrition- and tastes good.
Read
more about Tammi's first several months in the
office of President of the ANCW- and hear our
visit with her from yesterday- click here for our Beef Buzz
featuring Tammi Didlot, ANCW National
President.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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