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-
here for this morning's Farm news
from Ron Hays on RON.
Let's Check the
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
cash price for Canola is $11.15 per bushel-
New Crop contracts for Canola are now available at
$11.24 per bushel- delivered to local
participating elevators that are working with PCOM.
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
Chairman Frank Lucas Addresses Missing MF Global
week during The Ag Minute, Chairman Frank Lucas
discusses the efforts of the House Agriculture
Committee to uncover the whereabouts of the
roughly $1.2 billion in customer funds that remain
missing from bankrupt MF Global, and to determine
who is responsible for these losses.
week the House Agriculture Committee held the
first hearing on the MF Global bankruptcy with
three panels of witnesses, including former CEO of
the company, Jon Corzine. Chairman Lucas stresses
that the committee will continue to monitor the
investigation into MF Global's actions and will
work to ensure that customers receive fair
treatment throughout the process.
of the transcript is below.
country, customers who invested with MF Global
want answers about what went wrong and when their
money will be
Agriculture Committee is trying to get to the
bottom of this and held a hearing to examine MF
Global's bankruptcy. Although many questions
remain, we did gain some insight."
Click here for the complete
transcript and a link to listen to The Ag Minute
by Chairman Lucas.
pleased to have American Farmers & Ranchers
Mutual Insurance Company as a regular sponsor
of our daily update- click here to go to
their AFR website to learn more about their
efforts to serve rural America!
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
Pheasant Won't Hurt Long-Term Population
in Oklahoma are in the middle of their first month
of the two-month pheasant season, and some may
have noticed a decline in population numbers.
Oklahoma State University Cooperative
Extension wildlife specialist, Dwayne Elmore, said
the numbers are down this year due to the drought
and excessive heat that much of the state
experienced throughout the summer.
was little chick production, but we do have some
carry over adult birds available for hunting," he
With the decrease in population
size, should hunting be halted to allow the birds
"Only male pheasants can be
legally shot, and males breed with many females,"
Elmore said. "Thus, only a few males are required
for breeding each year."
Click here for more information on
pheasant hunting this fall.
President-Elect J.D. Alexander Prepares for 2012
Alexander, a cattleman in Nebraska, is preparing
to take over the National Cattlemen's Beef
Association as President in February 2012 at the
end of the Cattle Industry Convention. Alexander
has been involved in the cattle industry
officially since 1984, when he took over the
ownership of Alexander Cattle & Farms.
We talked with Alexander about a variety
of issues that NCBA could be facing in the
upcoming year and how he plans to take on these
issues in 2012. Alexander says that they are
looking forward to 2012 after a successful year in
2011 with the final passing of the free trade
agreements, which they have been battling for the
past five years.
Alexander adds that the
estate tax is another issue that farmers and
ranchers will be facing in 2012. Alexander says
that the issue of the death tax has always been
high on the list for NCBA and they are going to
work towards a plan that will allow producers to
pass on their business to the next
Also, there is always the issue
of legislation. Alexander says that the NCBA has a
strong presence in Washington, D.C. with their
office to help make sure that regulations aren't
overburdensome on farmers and ranchers.
Click here to listen to our
conversation with President-Elect J.D.
Beachy Makes the Case for More Dollars to Ag
leading scientist recently told American millers
that U.S. investment in agricultural research is
less than 1 percent of the total farm gate value
of goods, which must be increased by developing a
greater voice for "the science of agriculture"
through cross-sector efforts.
Beachy, former head of USDA's National Institute
for Food and Agriculture (NIFA) and a trustee of
the Donald Danforth Plant Science Center, spoke at
the North American Millers' Association annual
meeting earlier this fall.
his unique perspective as a former Obama
Administration official and a leader of a major,
non-profit research center, Beachy described for
NAMA members his view of opportunities and
challenges for both U.S. and global
Click here for more from Roger Beachy
and a link to his complete
Industry Urges Congress to Extend Tax Incentive
of the U.S. biodiesel industry urged Congress at a
Senate hearing Wednesday to pass a seamless
extension of the biodiesel tax incentive to avoid
putting thousands of jobs at risk.
the rest of the industry, RBF has seen a
tremendous increase in demand for its product
during 2011. We are running our facility harder
than ever," Paul Soanes, president and CEO of
Texas-based Renewable Biofuels, Inc. (RBF), said
in testimony before the Senate Finance Committee
at a hearing on renewable energy incentives. "But
stable, long-term federal incentives are necessary
for this industry to continue to grow."
Soanes emphasized the turnaround his
company has seen with the reinstatement of the tax
incentive after it was allowed to expire in 2010.
RBF has increased production at its plant in Port
Neches, Texas, from 9 million gallons in 2010 to
more than 62 million gallons this year, hiring new
employees and investing in capital
Click here for more information on
the biodiesel tax
Forest Service Tracks Lesser Prairie-Chicken
Movements Using Satellite Telemetry
US Forest Service (USFS) is using satellite
telemetry to track the movements of Lesser
Prairie-Chickens (LEPC) on an almost 24-hour basis
throughout their lifecycle. The purpose of the
project is to monitor LEPC movements-particularly
during nesting and brood rearing-and potential
avoidance distances of human-made structures such
as oil and gas wells. Ultimately, data will be
used to help plan habitat restoration and
improvement projects on the Cimarron and Comanche
National Grasslands and inform decisions to lessen
impacts from USFS programs such as grazing, oil
and gas, and fire and fuels.
the movements and habitat usage of the chickens
throughout the year, this project will help us
better plan habitat improvement projects and
manage resources to protect this species within
the national grasslands," says Andy Chappell, a
wildlife biologist at Cimarron National
To accomplish the task, USFS is
using GPS/satellite telemetry to monitor LEPC
movements. In the spring of 2011, staff from
Comanche National Grassland and Kansas Department
of Wildlife, Parks and Tourism trapped three male
Lesser Prairie Chickens and attached transmitters
using a rump mount.
Click here for more from the Forest
Service on tracking the lesser
& That- Cattle on Feed- Happy Birthday Russell
and Christmas Cheer with Bob
December Cattle on Feed report is set for release
on Friday afternoon at 2 PM central time-
Rich Nelson with Allendale offers
his pre report guesses- and we wanted to share
them with you-
Placements are expected to be 2.4% smaller than
last year. We expect smaller supplies of medium
and heavy feeders to offset continued calf
liquidation in the South. Cattle placed in
November will be marketed from April to
anticipates a Marketing total 0.2% higher than
November of 2010. There was no adjustment made due
to days on the calendar this month. We have
adjusted our estimate to reflect the discrepancy
between USDA's COF marketing number and actual
steer and heifer slaughter over the past nine
Cattle on Feed as of December 1 will
be 3.1% larger than last year."
coming Saturday afternoon- a triple digit birthday
will be celebrated at the Express Event Center in
northwest Oklahoma City- legendary farm
broadcaster Russell Pierson has
turned 100 this month- and that deserves a BIG
party. That party is coming Saturday afternoon-
Pierson was seen on Channel 4 in Oklahoma City and
heard on WKY Radio in the 1950s, 60s and
70s. Contact daughters LaNese Craft
(405-203-0998) or Patricia Sholar (405-613-2096)
if you plan to attend
Dr. Bob Whitson- Dean of the
Division of Agriculture at Oklahoma State
University is holding a Christmas reception this
evening on the DASNR Homestead in Barn A- the
invite says spurs are optional- contact Diana Ward
at 405-744-2474 for more information.
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