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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!
Our
Market Links are a service of Oklahoma Farm Bureau
Insurance
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:
Cash price for canola was
$10.94 per bushel- based on delivery to the Northern AG
elevator in Yukon yesterday. The full listing of cash
canola bids at country points in Oklahoma can now be
found in the daily Oklahoma Cash Grain report- linked
above.
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
Monday, October 8,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
FAPRI
Report: Corn Price Falls Less Than 1% With Full
RFS Waiver
A
full waiver of the Renewable Fuel Standard's (RFS)
conventional biofuel requirement might reduce corn
prices by just 0.5% ($0.04 per bushel) in 2012/13,
according to a new analysis conducted by the Food
and Agriculture Policy Research Institute. The
study also found corn ethanol production might
slip by just 1.3% with a waiver in 2012/13, while
corn available for livestock feed might increase
just 0.6%. Further, the analysis concluded a
waiver of the RFS would have no effect on retail
beef prices in 2013, and might shave just 1 cent
per pound off of retail pork prices. The Renewable
Fuels Association (RFA) said the new FAPRI study
adds to the mounting body of evidence showing that
a waiver of the RFS would not meaningfully impact
feed prices.
"The new FAPRI study is just
the latest in a series of recent reports that show
waiving the RFS would not have the types of
impacts claimed by the livestock groups and
grocery manufacturers," said RFA President
Bob Dinneen. "The suggestion that
an RFS waiver would significantly bring down feed
prices and reduce retail meat prices is absolutely
absurd. The only real impacts of a waiver would be
to discourage farmers from planting corn next
spring and to interrupt and delay important
investments in new feedstocks and advanced
biofuels technologies."
Waiving the RFS
requirements during the 2012/13 corn marketing
year (Sep. 1, 2012 to Aug. 31, 2013) would have
"limited market impact," FAPRI wrote, adding that
"...overall ethanol use and production are
projected to be motivated mostly by crop and fuel
market conditions in the current marketing year,
not the RFS."
For the full story, click
here.
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Sponsor
Spotlight
We
are proud to have P & K
Equipment as one of our regular sponsors
of our daily email update. P & K is Oklahoma's
largest John Deere Dealer, with ten locations to
serve you. P&K is also proud to announce
the addition of 6 locations in Iowa, allowing
access to additional resources and inventory to
better serve our customers. Click here for the P&K
website- to learn about the location nearest
you and the many products they offer the farm and
ranch community.
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.
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It's
Vernon Versus Goliath as Supremes Will Hear
Genetic Seed Dispute in Early 2013
The
US Supreme Court announced Friday that they plan
on hearing arguments about how much control
Monsanto has over later generations of seed well
after they have sold it for the first time-
complete with their technology fees.
It's
farmer Vernon Bowman of Indiana
versus the Biotech giant- as he has used "bin run"
soybeans from a local elevator for some second
crop planting on his farm- Monsanto objected, took
him to court and won. Now the US Supreme
Court will look at that legal victory claimed in a
lower court by Monsanto.
According
to a Bloomberg article on the Supreme Court's move
to review this case- "The legal issues stem from
Monsanto's efforts to ensure that farmers have to
buy the genetically modified seeds every year,
rather than planting part of the harvest from the
previous season. Farmers who buy seeds from an
authorized dealer must agree that they won't use
any harvested seeds for planting."
Bloomberg
quotes one critic of Monsanto and their biotech
traits. "Chuck Benbrook, a
research professor at Washington State
University's Center for Sustaining Agriculture and
Natural Resources in Enterprise, Oregon, said he
would be surprised if the Supreme Court overturned
the prohibition on seed saving.
"If
it's overturned, it will have cataclysmic
repercussions for the business model in the seed
biotech industry," Benbrook said by telephone. "It
would basically end the agricultural biotech
industry as we know it, certainly for
soybeans."
It's
likely that the Court will hear arguments on this
case in early 2013. Click here to read more of the
Bloomberg story on this battle of one farmer
versus Monsanto.
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New
OSU Animal Science Department Chair Sees Future
Challenges, Opportunities
Dr.
Clint Rusk is the new head of the animal
science department of Oklahoma State University.
We caught up with him at the Tulsa State
Fair where he was assisting with several of the
livestock competitions. We asked him about
his first impressions of the state, OSU, and some
of the challenges he sees on the
horizon.
A native of Kansas, Rusk
says there are a number of things that attracted
him to Stillwater and the position he now
holds.
"I
think this department has probably produced more
folks who have had their portrait hung in the
Saddle and Sirloin Club in Louisville at the North
American than any other department in the country
that I know of. So I'm impressed by the alumni,
I'm impressed by the heritage and the tradition of
excellence. And, so, to be part of that, to me, is
just a humbling experience and that's what
attracted me to come
here."
Rusk says he
appreciates the magnitude of the challenge he's
facing not only in educating Oklahoma students,
but students from across the country. He heads the
largest department on campus serving almost 900
students from 40 different
states.
He's been on the job
for just over three months and said he has spent a
lot of time getting to know the faculty and staff.
He said it will probably take at least a year
before he has a full grasp of priorities for the
department and enhancements that can be made.
That's not to say there aren't immediate concerns
that have grabbed his
attention.
"The challenge
right now with the high cost of feed and grain is
just trying to maintain our livestock. You look
around the country at other universities similar
to Oklahoma State in terms of land grant schools
and some of them have decided to focus on one or
two or maybe three species. We're still trying to
maintain a presence in several species. And just
simply the cost of maintaining those animals is
going to be a challenge this year."
You can listen to our in-depth
interview or read more by clicking
here.
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Grand
Champion Steer at the Tulsa State Fair Sells for
$35,000- Once Again to Long Time Supporter LC Neel
The
top animals that were shown at the 2012 Junior
Livestock Show at the Tulsa State Fair were
showcased on Friday morning at the Premium Sale of
the cream of the crop of the show. As is
tradition, the Grand Champion Steer led off the
2012 sale, and the winning bidder was a familiar
face to those who have followed the Tulsa State
Fair Premium Sale down through the years-
L C Neel bid $35,000 and bought
the 2012 Grand Steer from McKenzie
Strickland from the Tecumseh FFA. Neel
told auctioneer Eddie Sims that this was his 35th
Grand Champion that he had bought down through the
years. He also bought the Grand Champion Steer in
2011- although he had to pay a little more for it
last year than this year ($40,000).
Other
Grand Champions and their purchase prices for 2012
were about the same as in 2011. The Grand Champion
Barrow was shown by Whitney Jung
of Sterling FFA- she saw her Hampshire Champion
sell for $11,000 to Jerry and Loretta
Murphy. The Murphy's operate the
amusement rides at the Tulsa State Fair and have
for many years. The Murphy's kept bidding and also
purchased the Grand Champion Market Lamb for
$10,000 from Olivia Mason of the
Fairview FFA Chapter- and they also bought the
best chickens of the show- the Grand Champion Pen
of Broilers were sold for $6,000- they were
exhibited by Jeron Hamm of the
Lexington FFA.
The final Grand Champion
in the market classes was the Grand Champion Meat
Goat- shown by Trent Boles of the
Asher FFA- his Goat sold for $10,000 to
Expo Serve who have the food
concessions at the Tulsa State Fair.
Click here for our webstory which
has a picture of the Grand Champion Steer with LC
Neel and McKenzie Strickland- and we have a link
to our Flickr page of pictures from the Premium
Sale at this year's Tulsa State Fair.
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Cashing
In on Beef Quality In the Hands of Producers, says
U.S. Premium Beef
Brian
Bertelsen, director of field operations
for U.S. Premium Beef, says cashing in on
increased beef quality is within the grasp of each
and every cattle producer.
"They have the
most on that animal from conception, literally to
harvest. So, the genetics they use, the management
of the cow before it's even born, and all through
that animal's life, they have the opportunity to
build the most value."
He says the goal is
to set the herd up for increased
marbling.
"It doesn't just happen in the
feed yard, it is a lifetime
achievement."
To track those achievements,
U.S. Premium Beef offers free individual carcass
data to grid marketers.
"We encourage
producers to use that as much as possible,"
Bertelsen says. "Most of them would take it back
to whatever they have available-the individual
cow, the sire or the sire group, or simply see
things in their management."
You can read more or watch a video
report with Brian Bertelsen on our website by
clicking here.
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Study
Finds School Deregulation Favored Over
Consolidation
In
response to Gov. Mary Fallin's call for a debate
about the structure of Oklahoma's school systems,
House Speaker Pro Tempore Jeff
Hickman and Ringwood Public Schools
Superintendent Dr. Tom Deighan
presented an interim study on school consolidation
to the House Common Education Committee.
Hickman said the study raised serious
doubts about whether widespread consolidation is
even necessary, and if it is, to what extent. Most
committee members felt that deregulating all
districts and splitting up large, struggling urban
districts into more districts is a better
route.
If policymakers do decide to
restructure school districts, Hickman said they
might start by reviewing the 104 dependent school
districts that only offer classes through eighth
grade before sending students to a neighboring
high school while keeping all the property tax
money within their district for the K-8 school.
As a school superintendent, Deighan said
he appreciated recent efforts by some legislators
to deregulate districts even though major
deregulation legislation has failed to be signed
into law.
There's more to this story and you
can find it by clicking here.
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Agricultural
Pesticide Disposal Sites Set for November in
Sayre, Dewey
Oklahoma
agricultural producers, commercial and
non-commercial applicators and pesticide dealers
can get rid of unwanted pesticides in November,
courtesy of the Oklahoma Unwanted Pesticide
Disposal Program.
Collection services will
take place 8 a,m. to 1 p.m., Nov. 13, in Sayre at
the Beckham County Fairgrounds, and 8 a.m. to 1
p.m., Nov. 15, in Dewey at the Washington County
Fairgrounds.
Unwanted pesticides are those
that are unusable as originally intended for a
variety of reasons, including leftover pesticides,
pesticides that are no longer registered in
Oklahoma, and pesticides that no longer have
labels or are no longer identifiable.
"We
will accept commercial and farm-type pesticides,
as well as those typically used by homeowners,"
said Charles Luper, Cooperative
Extension associate with the Oklahoma State
University Pesticide Safety Education Program.
"Other items such as paint, batteries and oil also
will not be accepted."
Click here for more information on
the disposal days and for pesticide safety sheets
from OSU.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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