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weekdays- if you missed this morning's Farm News - or you are in an
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here for this morning's Farm news from Ron Hays on RON.
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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
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Oklahoma's Latest Farm and Ranch News
Presented by
Your Update from Ron Hays of RON
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news
update.
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Featured
Story:
Too Late to Avert Vermont Law Implementation -
Senate Ag Leadership Rolls Out GMO Labeling Compromise
U.S.
Senator Pat Roberts, R-Kan., Chairman of the
U.S. Senate Committee on Agriculture, Nutrition, and Forestry,
unveiled a new bipartisan proposal Thursday to protect the use of
agriculture biotechnology and to ensure consumers have access to the
information they want.
"Unless
we act now, Vermont law denigrating biotechnology and causing
confusion in the marketplace is the law of the land," said
Chairman Roberts. "Our marketplace - both consumers and
producers - needs a national biotechnology standard to avoid chaos in
interstate commerce."
Key
provisions of the bipartisan proposal include:
Pre-emption:
immediately prohibits states or other entities from mandating labels
of food or seed that is genetically engineered.
National
Uniform Standard: the U.S. Department of
Agriculture establishes through rulemaking a uniform national
disclosure standard for human food that is or may be
bioengineered.
Disclosure:
requires mandatory disclosure with several options, including text on
package, a symbol, or a link to a website (QR code or similar
technology); small food manufacturers will be allowed to use websites
or telephone numbers to satisfy disclosure requirements; very small
manufacturers and restaurants are exempted.
Meat: foods
where meat, poultry, and egg products are the main ingredient are
exempted. The legislation prohibits the Secretary of Agriculture from
considering any food product derived from an animal to be
bioengineered solely because the animal may have eaten bioengineered
feed.
Click here
to read more about the proposed labeling compromise and find a link
to the full legislative text.
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Several national agricultural organizations applauded
the efforts of the U.S. Senate Thursday to preempt state food
labeling laws and to prevent a patchwork of differing standards
between states.
"The introduction of this solution comes at a
critical time when Congress must act to restore sanity to America's
food labeling laws," said National Corn Growers Association
President Chip
Bowling, a farmer from Maryland. "GMOs are
perfectly safe and America's farmers rely on this proven technology
to protect our crops from insects, weeds and drought. Important food
safety and labeling decisions should be made by qualified
policymakers, not political activists and campaigns. Yet, despite the
scientific evidence, Vermont will place into effect a costly,
confusing mandatory labeling legislation, and other states will
follow in rapid succession.
"We've seen time and time again that regardless
of the repeated proven safety of GMOs, consumers react negatively
when presented with a product containing a warning label," said
ASA First Vice President Ron
Moore, a soybean farmer from Roseville, Ill. .
"If consumers panic and run from these products based on false
stigmatization, companies are forced to reformulate away from this
safe and affordable technology. Not only would this result in food
more expensive food for consumers, but prices for soybean producers
would fall sharply."
The National Council of Farmer Cooperatives also
issued a statement applauding the legislation.
"The bipartisan agreement reached today by
Senators Pat
Roberts and Debbie
Stabenow is a solution to the issue of GMO food
labeling that America's farmer co-ops and their producer-owners
strongly supports. The package is also a victory for consumers across
the country, who will have more information about how their food was
produced than ever before."
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House
Ag Chair Conaway, American Farm Bureau Federation Promise to Study
Senate GMO Labeling Plan
House Agriculture Committee Chairman
K. Michael Conaway
(R-TX) issued a statement in response to the Senate's recently
reached deal regarding the labeling of products of biotechnology.
I applaud the tireless efforts of Chairman Roberts to find an
agreement on biotechnology labeling. It is important to note that
nearly one year ago, 275 House members voted on a bill to establish a
voluntary nation-wide program that would give consumers access to
information about their food, protect advancements in food production
and innovation, and end the patchwork of state laws threatening
interstate commerce.
Unfortunately,
due to Senator Stabenow dragging this process out for months,
Congress will not be able to act before Vermont's mandatory labeling
law goes into effect on July 1. Although the House acted in a timely
manner, I have just received the text of the this agreement and will
need time to review the language and the varied impacts, be they
positive or negative, before stating my support or opposition.
American
Farm Bureau Federation President Zippy
Duvall also issued a
statement after the GMO labeling legislation was introduced.
"There are no - and never have been any- documented health risks
from genetically engineered food in the marketplace. The American Farm Bureau
Federation continues to oppose mandatory food labels that are not
necessary for health or safety reasons. We also
oppose a patchwork of state-by-state labeling rules. We are reviewing
this legislative proposal, and over the next few days will determine
how it fits with our policy. We will also assess its impact on
farmers' abilities to use modern agricultural technology to produce
more, high-quality food.
"We appreciate Chairman Roberts' diligence in taking action
prior to the Vermont law's going into effect. This deal clearly seeks
to prevent a 50-state mismatched quilt of differing labeling
standards. But the mandatory feature holds significant potential to
contribute to confusion and unnecessary alarm. Regardless of the
outcome, we continue to believe a national, voluntary standard
remains the best approach. Our board will deliver a decision
soon."
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USDA
Report Friday - Jim Robb Anticipates Increased Cattle Placements and
Marketings
Both
the monthly USDA Cattle on Feed report is due out this afternoon- as
well as the quarterly Hogs and Pigs Report- both to be released after
the markets have closed for the week at 2:00 PM central. For
the Cattle on Feed Report, Jim
Robb, director of the Livestock Marketing Information
Center, anticipates strong numbers in both the placement and
marketings columns.
"Marketings should be up 4 to 5 percent from a year ago. We have
one more day, but that's still a good marketing rate," he says.
"Placements we have up about 9 percent year-over-year - that's
in the range of the pre-report estimate."
Robb says a lot of cattle coming off wheat graze-out programs in the
Southern Plains created a placement bulge last month. He also says
very modest placement numbers in May 2015 combined with a large 2015
calf crop are contributing to the increase in placements.
Robb anticipates the overall cattle on feed inventory should be up
about 2 percent from a year ago.
In addition to the Cattle on Feed report, the USDA Hogs and Pigs
report will be released June 24 as well. Robb expects a fairly
neutral report.
"We expect the overall hog and pig inventory and most of the
categories to be up a rather modest 1 to 2 percent year-over-year -
pushing mostly toward 1 percent year-to-year increases," he
says.
Overall, Robb says beef is a little better positioned in the retail
case this year compared to last year. "I think that will
continue to be a bit of the story as we move through the summer
months," he says.
You can hear Jim Robb's comments on both of these reports by clicking
or tapping here.
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Now
is a Good Time to Take a Look at This Year's Wheat Discounts - Kim
Anderson Explains
With most of the 2016 Oklahoma wheat crop in the bin,
OSU Extension Grain Market Economist Dr. Kim Anderson says producers
are mostly likely keeping a close eye on prices and wondering how
those prices are going to change between now and the end of the year.
Since 2008, June wheat prices have averaged right
around $6/bushel. Anderson says with current prices well below
$5/bushel, many producers are left in the red after factoring in
production costs.
With already low prices, Anderson says the test
weight, dockage and foreign material discounts applied at the
elevator are an even bigger concern this year.
Current dockage discounts can get pretty heavy -
starting at $.05 for anything above 1 percent, $.07 for 1.3 percent,
$.09 for 1.6 percent, $.12 for 2 percent and it goes up from there.
Anderson says the big discount is foreign material,
including rye and other non-wheat material that's about the same size
and weight as wheat. He says over 1 percent is a $.12 discount, 2
percent is $.24 and over 3 percent is a whopping $.50 discount.
For producers struggling with discounts this year,
Anderson says now is the time to make changes to avoid issues in the
future.
"As you're planning the '17 crop, look at which
fields had the dockage, look at which fields had that foreign
material - that rye - and then find out what you can do to alleviate
those problems because these discounts are not going to go
away," he says. "And in my opinion, over time, they're
going to get worse."
Click
here to listen to Anderson's comments that will be a part of
SUNUP this weekend, and be sure to catch the show
this Saturday at 7:30 a.m. or Sunday at 6 a.m. on the
statewide OETA network of stations.
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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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2016 Legislative Session
Had Its Positives for Cattle Producers- Michael Kelsey of OCA Offers
a Review
Although most of the 2016 Oklahoma legislative session
was overshadowed by budget woes, Michael Kelsey, executive vice
president of the Oklahoma Cattlemen's Association, says overall, the
cattle industry was pretty successful in several areas.
Legislators updated cattle theft fines and penalties, which Kelsey
says is "a good step in the right direction" towards
deterring criminal activity.
A new measure passed this session better defines a "burn
ban" in the state and sets up a protocol for prescribed fire
during a burn ban.
Kelsey says a bill declaring water as a compelling state interest and
codifying it in state law should help with Right to Farm - SQ 777.
"We've all along said water is a compelling state interest; now
we have law that says that," he says. "So that should
really sweep that off the table, if you will, and kind of make it a
non-issue regarding Right to Farm."
Michael will be my guest on In the Field tomorrow
morning (Saturday) at 6:40 a.m. on KWTV News9 in the Oklahoma
City area.
You can also click
here to listen to our off camera interview interview where we
talked about the legislative session in review- and also previewed
the OCA annual meeting coming up in July- to be held this year at the
Embassy Suites in Norman (or if you prefer- far south Moore!)
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Corn Farmers in
Northwest Ohio Say Just in Time Rains Worth a Billion
They
had not had a rain in northwest Ohio since planting corn in mid to
late May- until Wednesday and Thursday morning- and that was a good
enough rain for those farmers in that eastern part of the corn belt
that they have declared it not a million dollar rain- but rather a
BILLION dollar rain. Our colleague Ty Higgins of the Ohio Ag Network
has a video they have produced that gives you a feel of how things
are looking- thought you might enjoy it this Friday morning-
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This
N That: Oklahoma Teacher Lisa Storm Wins National AITC Honor,
Oklahoma FFA Members in Costa Rica and a Cold Front?!?
The
National Ag in the Classroom Conference has just wrapped up in the
Phoenix area- and a past Oklahoma Ag in the Classroom Teacher of the
Year has won national honors. Lisa
Storm, who was honored as the 2014 Oklahoma Ag
Teacher of the Year, has been named as one of the seven National
Excellence in Teaching Agriculture Award Winners for 2016! She is a
third grade teacher at Heritage Elementary in Kingfisher. Congrats
Lisa!!!!
Oklahoma was well represented on a recent trip to
Costa Rica, where a group of 50 National FFA award winners
toured agricultural sites and compared the industries in Central
America and the United States.
Oklahoma FFA members participating in the trip
included Reighly
Blakley of Oologah; Baylea Block of Harrah; Kaylee Brunker
of Stillwater; Jacob
Cammack of Edmond; Dakota Crissman of Pauls Valley; Bayli Hyde of
Burlington; and Kohl
Murray of Perkins.
Click
here to read more about their Costa Rican travel seminar.
The latest nine day forecast is out from our buddy Jed
Castles of News9- and he has found chances of rain by the end of this
coming weekend- and a COLD front by this time next week- think mid
80s as a day time high for the first of July!
Here's his picture of what is ahead for your consideration- even as
folks in parts of northern Oklahoma have been stormed on overnight
and are getting rain this morning.
Have a good weekend!
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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,
and KIS Futures for their support of our daily Farm News Update. For
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click on their name to jump to their website- check their sites out
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also invite you to check out our website at the link below to check
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WWW.OklahomaFarmReport.Com
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