~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday March 2, 2011A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- Greetings from Tampa and Commodity Classic 2011
-- Farm Real Estate Values Strong at End of 2010- Strength Continues Here in 2011
-- Cargill Offers Safer Ground Beef Patties to Foodservice
-- If You Get Hit by Wildfire- Have a Vet Check Livestock After the Fire's Out
-- House Set to Vote on 1099 Reporting Repeal
-- Conservation Groups Write Senate- Ask Lawmakers to Not Cut Conservation Programs Deeper Than Other Programs
-- Express Ranches Getting Ready for This Week's Spring Bull and Commercial Female Sale
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. 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.
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 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.
Greetings from Tampa and Commodity Classic 2011
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We are beginning our coverage from the 2011 Commodity Classic here in this daily update to you- Commodity Classic is the joint meeting of the National Corn Growers Association, the American Soybean Association, the National Association of Wheat Growers and the National Sorghum Producers.
It's a crazy meeting to attempt to cover as each of the four groups have parallel schedules of various meetings and conferences today into the weekend- one of the common points will be the General Session on Friday morning where US Secretary of Agriculture Tom Vilsack and Oklahoma Congressman and Chairman of the House Ag Committee, Frank Lucas, will be addressing the members of all four groups.
The other major common point is the trade show- and it's HUGE- about 900 exhibitors will showing their goods and services at the Tampa Convention Center over the next few days.
We will be tweeting from the conference- and in fact, did quite a few updates on Tuesday from the Ag Issues Forum held by Bayer Crop Sciences for the agricultural trade media. Click on the LINK below to see our Ron on RON feed on Twitter- sign up and follow us and we will give you a feel of what it's like to be roaming around at this year's "Classic."
Farm Real Estate Values Strong at End of 2010- Strength Continues Here in 2011
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The low interest rates over the last year or so has caused a lot of investors to think about putting some of their cash into the ground- not in a Mason Jar but rather as a down payment or more for farmland. Jason Henderson of the Omaha branch of the Kansas City Federal Reserve Bank says that farm real estate values shot substatially higher in the last four months of 2010- and high high they might go is still an unknown.
Low interest rates is one factor for the higher farm real estate values- the other key is the general escalation of commodity prices seen in 2010 and now early this year as well.Henderson says the danger for agricultural producers is that the up trend for farm real estate will come to an abrupt halt once interest rates start rising. He told Ron Hays with the Radio Oklahoma Network that he doesn't think we are facing a wreck in the farm economy like we saw in the 1980s- but that it could get bumpy depending on how quickly rates rise- when they strart moving up.
Click on the LINK below to read more- we have a link to a review of farm income prospects that Jason Henderson has authored- plus you can listen to a conversation that Henderson had with a half dozen farm broadcasters on Tuesday afternoon here in Tampa.
Cargill Offers Safer Ground Beef Patties to Foodservice
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Cargill has evolved and perfected an existing food processing technology to create Fressure fresh ground beef patties, which have double the shelf life of traditional fresh burgers, benefit from enhanced food safety while also providing optimal flavor and a consistent high-quality eating experience for consumers. Cargill is employing this company developed, patent-pending process technology to produce fresh ground beef patties for the foodservice market.
Evaluating pressure system technology similar to the type that revolutionized the fresh guacamole business for the Avocado industry, Cargill focused research efforts on making high-pressure processing commercially viable for ground beef patties. Those efforts were inspired by the need to find an improved premium ground beef patty solution for customers, resulting in the doubling of shelf life from 21 to 42 days, preservation of the beef's optimal flavor and diminishing bacteria that cause food borne illness and spoilage. It is an entirely natural process that does not use high temperatures, chemicals or irradiation, while retaining the nutrient value and freshness of the ground beef.
Click on the LINK below for more on this technology rolled out by the Cargill Meat Solutions group.
If You Get Hit by Wildfire- Have a Vet Check Livestock After the Fire's Out
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Texas and Southwestern Cattle Raisers Association (TSCRA) strongly encourages all ranchers whose cattle were on burned pasture to have their cattle inspected by a veterinarian for burns and other trauma from fires.
It is critical to have cattle inspected immediately as life threatening conditions, difficult to diagnose without training, may occur within two to three days of the fire.
Ranchers should contact their local veterinarians for inspection.
The Texas and Southwestern Cattle Raisers Association is a 134-year-old trade organization. As the largest and oldest livestock association in the southwest, TSCRA represents more than 15,000 beef cattle producers, ranching families and businesses who manage approximately 4 million head of cattle on 51.5 million acres of range and pasture land, primarily in Texas and Oklahoma.
House Set to Vote on 1099 Reporting Repeal
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The House is expected to vote on and pass a bill later today that would repeal the 1099 tax reporting requirement included in the health care law. But, because the house would pay for the change differently than a similar measure endorsed by the Senate, it is unclear how and when lawmakers might reach a compromise on eliminating the provision. The question is whether members of both parties, in both chambers, can agree on an offset to make up for the more than 19-billion dollars the requirement is estimated to bring in over the next decade.
House Republicans are pursuing an offset that would allow the
government to recapture a larger share of overpayments to consumers
receiving health insurance subsidies for the new health exchanges. But
that is opposed by House Democrats, who say it would amount to a tax
increase on low- and middle-class individuals.
Former Secretary of Agriculture and now Senator Mike Johanns says - small-business owners, farmers and church leaders don't care whose name is on the bill, in which house it originated, or which spending offsets are used, and neither do I. If advancing the House bill means this looming mandate is repealed sooner rather than later, then let's get it done.
Conservation Groups Write Senate- Ask Lawmakers to Not Cut Conservation Programs Deeper Than Other Programs
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~In a letter sent to members of the Senate on Tuesday, the National Association of Conservation Districts (NACD) and other conservation groups urged lawmakers to support fair and reasonable funding levels for rural America, agriculture and agricultural conservation within the 2011 appropriations legislation.
"We understand the critical need to right America's fiscal ship, but
spending cuts must be done in a tempered and equitable way," stated the
letter. "Rural America's contribution to deficit reduction should not be
larger than other sectors, and within agriculture, conservation's
contribution should likewise be proportional."
"We're calling on the Senate to oppose disproportionate cuts to conservation programs," said NACD President Gene Schmidt. "While we're facing a high workload for conservation programs, technical assistance funding is at a critically low level. This assistance is vital in ensuring critical, locally-led conservation initiatives, which not only help our communities maintain clean air, clean water and productive soils, but also help decrease energy-use and reduce damage from severe weather and other natural disasters. These important conservation benefits ultimately provide considerable economical savings to individuals and our communities."
Express Ranches Getting Ready for This Week's Spring Bull and Commercial Female Sale
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Express Ranches 17th Annual Spring Bull Sale & Commercial Female Sale is set for Friday March 4 and Saturday March 5, 2011 at the Ranch just north of Yukon, Oklahoma.
The schedule is spread over two days with Friday March 4 at 11 AM the time for 540 Angus Bulls to Sell.
On Saturday March 5th- the shift in focus on breeds begins at 12:00 p.m. with 94 Limousin Lim Flex Buls tol Sell.
At 2:00 p.m.- Express will offer 240 Registered & Commercial Angus Females.
From the catalog for the sale- Jarold Callahan and owner Bob Funk write "We greatly appreciate all of our past customers and our primary goal is to consistently strive to maintain your business. If this is the first time you have considered Express as a genetic source for your operation, you will hopefully agree we work hard to produce the best bulls possible, and back that up with the best service in the industry."
Click on the LINK below for more information and a chance to download their full catalog of this outstanding offering from Express Ranches.
Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, KIS Futures and Big Iron Online Auctions for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!
We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.
Let's Check the Markets!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We've had requests to include Canola prices for your convenience here- and we will be doing so on a regular basis. Current cash price for Canola is $9.80 per bushel, while the 2011 New Crop contracts for Canola are now available are $10.60 per bushel- delivered to local participating elevators that are working with PCOM.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link:
God Bless! You can reach us at the following: