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mornings with cash and futures reviewed- includes where
the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
Our Daily Market
Wrapup from the Radio Oklahoma Network with Tom Leffler-
analyzing the Futures Markets from the previous Day.
Our
Oklahoma Farm Report Team!!!!
Ron Hays,
Senior Editor and Writer
Pam Arterburn,
Calendar and Template Manager
Dave Lanning,
Markets and Production
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Oklahoma's Latest Farm and Ranch News
Presented by
Your Update from Ron Hays of RON
Thursday, February 25, 2016
This is National FFA Week!
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news
update.
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Featured
Story:
Postponed! Senate Ag Committee Chair Pat Roberts
Now Hopes for Mark Up of Voluntary GMO Labeling Bill Next Week
Here is the brief
statement released yesterday but the Senate Ag Committee on their
website- "Due to changes on the Senate floor, the U.S. Senate
Committee on Agriculture, Nutrition, and Forestry's business meeting
to consider the Chairman's Mark on Biotechnology Labeling Solutions
is postponed until next week. A media advisory will be distributed
once a date is scheduled."
Agri-Pulse is reporting
that the Chairman, Pat Roberts of Kansas,
granted a request from the ranking Minority member because a
bill she is sponsoring is being brought to the floor today.
There still appears to be no deal on compromise
language on the measure between Roberts and Senator
Debbie Stabenow-
but the hope is there that when they hold a meeting next week- the
language will be hammered out.
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House Agriculture
Committee Reviews State of the Rural Economy
The House Agriculture Committee held a hearing with
Secretary of Agriculture Tom
Vilsack to review the state of the rural economy.
According to the latest forecast from U.S. Department of Agriculture
(USDA), net farm income in the United States is expected to fall by
56 percent from 2013 to 2016, the largest three-year percentage
decline in net farm income since the Great Depression. While members
thanked the Secretary for his service, they also raised a number of
concerns, including the impact that the continued outlook for
depressed prices could have on America's farmers and ranchers.
House Ag Committee Chair Mike
Conaway said in his
opening statement "As chairman of this committee, I am
deeply concerned about the direction we are headed. With USDA
projecting no relief in sight, it is more important now than ever
that we hold the line on the Farm Bill and we push back against
attacks on the risk management tools that are so vital to protecting
our farms and ranches.
More on the hearing is available
here. AND- look at our next story to get a feel of the
argument over cottonseed that was embedded into the hearing at the
front end- as the Chairman and the Secretary chewed on each other on
this subject.
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Chairman Conaway and
Secretary Vilsack Continue The Argument Over Cottonseed
The Chairman of the House Ag Committee, Mike Conaway
of Texas, called out Ag Secretary Tom Vilsack over the USDA position
that they cannot consider cottonseed as an "other oilseed"
when it comes to defining this crop to be eligible to be a part of he
PLC and ARC coverage from Title One in the 2014 Farm Law.
Chairman Conaway blamed the lawyers working for Vilsack at the USDA
for not getting an interpretation of the 2014 Farm Law right in
deciding that cottonseed would not qualify as an "other
oilseed" based on the language found in Title I of the act.
Vilsack pushed back on that claim- saying "it was not lawyers
who prevent me from doing what you asked me to do- it's an oath that
I took- it's an oath that I took at the time that I took this job-
which was to follow the constitution and the laws of this
country." Vilsack went on to say that cottonseed was not listed
in Title One as being eligible to become an other oilseed and that he
could not decided on his own to make it one.
The paragraph that several members of the House and Senate Ag
Committee are arguing over with the Secretary reads as follows:
Title I, Part II, Sec. 1111(12) of the 2014 Farm Bill:
(12) Other Oilseed. --The term ''other oilseed" means a crop of
sunflower seed, rapeseed, canola, safflower, flaxeed, mustard seed,
crambe, sesame seed, or any
oilseed designated by the Secretary. Those last six
words are the point of contention- and how they are intrepreted
becomes the heart of the controversy of whether cottonseed should be
allowed to be an "other oilseed" based on the 2014 Farm Law
or Not. Conaway- and the Chairman of the House Ag Committee at the time
the 2014 Farm Law was negotiated, Congressman Frank Lucas, clearly
believe they are right. Secertary Vilsack clearly believes he is
right.
Click
here to jump over to our website for a chance to hear the
conversation between the Chairman and the Secretary.
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Advocating
for FFA in Our Nation's Capitol- Former Woodward FFA Member Riley
Pagett is Living His Dream
A featured speaker at
the 111th Annual Convention of the American Farmers & Ranchers
was a home town boy, grown up and living a dream in our Nation's
Capitol. Riley Pagett is the director of government
and nonprofit relations for the National FFA
Organization.
In this role, Pagett has been establishing and strengthening
relationships with government agencies, legislators and nonprofit
organizations that provide support for key FFA and agricultural
education initiatives. At the AFR Convention, Pagett spoke to members
of the LEAD program that was established in 2015 by the farm
organization, in an effort to provide leadership development
activities for younger members of the group.
Paget explained to the lunch crowd he addressed that he fell in love
with the FFA organization while at Woodward High School in northwest
Oklahoma, was elected to a state office of the Oklahoma FFA and
eventually climbed to the very top of the leadership of the blue and
gold- being named the President of the National FFA in the fall of
2010.
We have talked with Riley multiple times down thru the
years- and it was a lot of fun to hear his comments this past
Saturday- and then talk with him afterwards about his current role as
a representative of the organization in our nation's capitol. Click
here to read more and to listen to our conversation where we
catch up with this young man from Woodward.
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Sponsor
Spotlight
.
We are pleased to
have American
Farmers & Ranchers Mutual Insurance Company as
a regular sponsor of our daily update. On both the state and national
levels, full-time staff members serve as a "watchdog" for
family agriculture producers, mutual insurance company members and
life company members.
Click here to go to
their AFR website to learn more about
their efforts to serve rural America!
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Soy
Checkoff Leads Industry to Think Beyond the Bushel by Supporting Innovation
With a focus on building preference for U.S. soy,
farmer-leaders of the soy checkoff met last week to continue
implementation of the checkoff's long-range strategic plan. The
checkoff is working in three areas to meet U.S. soy's end users'
needs - meal, oil and sustainability.
End users of U.S. soy don't buy bushels of beans; they buy the
components: meal and oil. And checkoff farmer-leaders have plans to
improve these products, add value for farmers and build preference
for U.S. soy among these end users.
"We have a dynamic plan and really set ourselves on the right
track at this meeting," says Jared Hagert, United Soybean Board
(USB) chair and farmer from North Dakota. "We're really looking
at programs that make U.S. soybeans more than just a commodity and
help us to better meet our end users' needs."
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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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Express Ranches' Jarold Callahan
Finds $Value EPDs Add to the Bottom-line
Expected Progeny Differences or EPD's have been around
quite a while and they have proven to be very useful in helping
determine the potential value of a herd sire to a set of mamma cows.
We caught up with Express Ranches President Jarold Callahan
ahead of their annual spring bull sale that happens next week- and
will be featuring over 500 Angus bulls and 34 Hereford bulls.
Callahan said one set of EPD numbers that may be very useful to
producers are the dollar ($) value EPDs, known has bio-economic
indexes.
For example, the Beef value index ($Beef) takes into account carcass
weight, residual average daily gain (RADG), marbling and ribeye.
Callahan said this is basically a terminal index. The Weaned Calf Value
($W) takes into account reproduction, as well as the weaning weight
EPD. He thinks all bull buyers should be looking at ($W) and for
those that take their cattle through the feeder and feedlot phase
they should also be looking at ($Beef) as well.
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Tomorrow-
Superior Sale in OKC, Oklahoma Pork Congress in Norman and Texoma
Cattlemen's Conference in Ardmore
It's a crazy last Friday of February- as multiple
things are happening that we wanted to call your attention to-
Click on the name of each event for more details as
found in our calendar pages at OklahomaFarmReport.Com.
Superior
Cattle Auction- Live from Embassy Suites on Meridian in Oklahoma
City. Auction starts at 8:00 AM central. 27,000 cattle will be
offered in tomorrow's sale.
Texoma
Cattlemen's Conference- Presented by the Noble Foundation-
Ardmore Convention Center in Ardmore- the program begins at 9:00 AM-
we will be emceeing and look forward to seeing lots of friends there
tomorrow in Ardmore. The complete agenda can be seen by clicking
here.
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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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