From: Ron Hays [] on behalf of Ron Hays []
Sent: Friday, August 26, 2011 6:17 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday August 26, 2011
A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Kansas Ag Leaders Tell Senate Ag Committee- Crop Insurance is Top Priority
-- Quality of Hard Red Winter Wheat is There, Quantity is Lacking for 2011
-- OSU's Dr. Kim Anderson says Crop Insurance is Essential Now- and we have your SUNUP preview
-- John Deere Launches 2012 Products and Looks to the Future
-- USDA Reminds Producers of Adjusted Gross Income Compliance Requirements
-- Oklahoma Sorghum Association Joins Opposition to Castor Bean Production
-- Coming next week- Farm Bureau's Drought Summit
-- Let's Check the Markets!

Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their AFR web site to learn more about their efforts to serve rural America!

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Kansas Ag Leaders Tell Senate Ag Committee- Crop Insurance is Top Priority
It was a unified message from many of the Kansas farm leaders and agribusiness leaders that testified yesterday in Wichita at the Senate Ag Committee Field Hearing- crop insurance provides the strongest safety net and deserves more protection from federal budget cutters than other farm-bill programs- including direct payments.

The ranking minority member of the Senate Ag Committee is Kansas Senator Pat Roberts- and this was his chance to showcase Kansas agriculture on the national stage as the Senate and House Ag Committees prepare to write the next farm bill. Senator Roberts says that his home state has been hit hard with not enough rain in central and western Kansas- while northeastern Kansas has been dealing with flooding. The drought has caused $1.6 billion dollars in agricultural damage in Kansas alone- and that number is likely to edge closer to $2 billion before it is all said and done.

In testimony before the Senate Ag Committee, the President of the Kansas Farm Bureau, Steve Baccus, spoke of the need for both crop in insurance as well as direct farm program payments- but in written testimony- the Kansas Farm Bureau says that "If priorities must be declared, then a strong and viable crop insurance program will top our list." Click here to read the full text of the testimony submitted by Baccus and Farm Bureau.

Senator Roberts, in his opening statement, defended the need for farm programs at all- saying "Some folks question the need for a Farm Bill with commodity prices where they are today. I don't have to tell this crowd that prices can fall much more quickly than they rise.

"Without an adequate safety net many producers will struggle to secure operating loans and lines of credit to cover input and equipment costs. We need those producers to stay in business if we're going to meet this global challenge and do so in a way that protects our most valuable resource- our future generations."

Click here for more from the Field Hearing- including Senator Roberts' opening statement and links to all of the testimony presented on Thursday.

Quality of Hard Red Winter Wheat is There, Quantity is Lacking for 2011
Mark Hodges with Plains Grains was another of the presenters at this week's Oklahoma Wheat Review 2011 and before the session began- chatted with us about the wheat harvest 2011 and ultimately how the hard red winter wheat across much of the drought stricken Southern Plains held up compared to last year. Hodges said the quality of the hard red winter wheat increased as you moved from Texas up north through Oklahoma, Kansas and into Nebraska.

Hodges says when you look at the crop by region, you really begin to notice the differences in the crop, especially in protein. Another unique characteristic of this year's hard red winter wheat crop is the kernel characteristics and what the millers have to deal with says Hodges. The Southern Great Plains crop was more of a flat berry and made a lower kernel weight, which in turn is a lower mill yield says Hodges.

The hard red winter wheat crop for this year also improved in the functionality of the crop. The last two years have been a perfect crop from the milling standpoint, especially compared to this year, however, the 2011 crop will improve in functionality and is going to be good for the customer says Hodges.

Overall, Hodges says he is pleased with the quality of hard red winter wheat for 2011. He just wishes there was more of it.

Click on the LINK below to listen to our conversation with Mark Hodges as we discuss the hard red winter wheat crop of 2011 and how to start preparing seedbed for the 2012 crop.

Click here for more on hard red winter wheat from Mark Hodges

OSU's Dr. Kim Anderson says Crop Insurance is Essential Now- and we have your SUNUP preview
Dr. Kim Anderson, Grain Marketing Specialist from Oklahoma State University, says that the recent fluxuations in the wheat market show that the strength in the December KC Wheat Contract is not there, which is a gentle or weak up trend. However, Anderson says with the market closing at $8.50 twice this week, the next target will challenge a $9.00 price now.

Anderson says the single, most important aspect for producers relative to marketing is crop insurance. With the drought spread across Texas, Oklahoma and parts of Kansas, and long-term projections only showing the drought to continue, the odds are against planting a crop that will have average yields says Anderson.

To market and sell the wheat, first it needs to be produced and producers need to insure that production and insure that price says Anderson.

Anderson's advice to producers that are still holding onto wheat is to stagger it into the market across the months of late Septemeber and early October, and even into the months of late November and early December. Anderson adds the odds are higher that the wheat prices are going to go up again.

Click on the LINK below to hear the rest of Dr. Kim Anderson and Lyndall Stout's discussion on the current wheat market. Dr. Anderson will not be featured on SUNUP this week due to a special report, "Oklahoma Drought: A New Generation."

Click here to listen to Dr. Anderson's comments and for your SUNUP preview as they present a Drought and Agriculture special this weekend

John Deere Launches 2012 Products and Looks to the Future
In recent days, John Deere has been busy with the public unveiling of its new ag equipment for 2012 as part of the largest, most significant product introduction in the company's 174-year history. Significant improvements in power, comfort, and performance are the hallmarks of the new machines including the S-Series Combines with larger corn heads and platforms; high-horsepower 4WD and track 9R/9RT Tractors; 6R Series row-crop tractors and 5 Series utility and specialty tractors.

According to John Lagemann, Vice President - Marketing and Sales for the US, Canada and Australia for John Deere, there is more behind these new releases than what meets the eye. With a global boom on the horizon, agriculture will need to be prepared to feed and clothe that boom, which Lagemann says is agriculture's higher purpose.

Lagemann also says agriculture will need to essentially double the amount of food output in the next 40 years, which is a fairly steep productivity curve. The new technologies released by John Deere really capitalize on the information flow, combining the guidance capability of GPS and the ability to transfer information from the machine if you are planting or spraying, and that is a pretty powerful combination says Lagemann.

In addition to new John Deere combines, headers and tractors, the company recently introduced its new 7R Series Tractors for the row-crop market; its largest, most advanced self-propelled 4940 Sprayer with 1,200-gal. solution tank, 120-ft. booms, and advanced loading and application technologies; and revolutionary Triple-Mounted Mower-Conditioner that cuts a swath more than 28 feet wide.

Click on the LINK below to hear our conversation with John Lagemann on the big picture of John Deere production and what they hope to accomplish with these new lines.

Click here for more on John Deere's strategic plans with John Lagemann

USDA Reminds Producers of Adjusted Gross Income Compliance Requirements
Oklahoma Farm Service Agency (FSA) State Executive Director Francie Tolle, reminds producers of the importance of Adjusted Gross Income (AGI) compliance when participating in USDA programs. Participating individuals and legal entities that do not file a form authorizing the "Consent to Disclosure of Tax Information," will not be eligible to receive or maintain program benefits.

"The Internal Revenue Service (IRS) provided USDA with a report identifying which producers did not file the appropriate form authorizing the consent to disclose tax information for the 2009 and 2010 calendar years," said Tolle. "Program participants that did not complete the appropriate paperwork will receive written notification from USDA in September 2011."

Individuals and legal entities will have 30 calendar days from the date of the letter to file a valid Consent to Disclosure of Tax Information for AGI verification purposes. Failure to file the disclosure will result in a determination of program ineligibility and result in a full refund of 2009 and/or 2010 FSA and Natural Resource Conservation Service (NRCS) payments subject to AGI limitations.

Producers who are in receipt of this September notification will be provided a copy of the form that shall be completed and immediately forwarded as directed in the notification.

Click here for more information on the AGI requirements and deadlines

Oklahoma Sorghum Association Joins Opposition to Castor Bean Production
The Oklahoma Sorghum Association joins the Oklahoma Grain and Feed Association, Oklahoma Agribusiness Retailers Association, Oklahoma Seed Trade Association, Oklahoma Ag Coop Council, Oklahoma Wheat Growers Association and Oklahoma Cattlemen's Association in opposition of the commercial production of castor beans.

The protein ricin contained in castor beans, which is a deadly toxin that can kill mammals, birds, and humans if ingested even in trace amounts, poses a serious threat to not only food security, but also the security and integrity of various cultivated agriculture commodities grown in Oklahoma like sorghum, wheat, corn and soybeans.

"The risk and trivial room for error relative to the potential contamination from castor beans is too high," says Craig Sanders, Oklahoma Sorghum Association director and farmer from Boise City, Okla. "The fact that one bean lodged in a piece of harvest equipment could later be deposited in another field or in another load of grain is a risk to all producers of other commodities."

The Oklahoma Sorghum Association draws immediate concern to this issue and avidly joins the above mentioned coalition of farmers, ranchers and industry for the continued integrity and betterment of Oklahoma agriculture.

Coming next week- Farm Bureau's Drought Summit
In an effort to help Oklahoma farmers and ranchers deal with the on-going drought, Oklahoma Farm Bureau is hosting an informal summit this coming Tuesday, Aug. 30, in the OFB cafeteria, 2501 N. Stiles, Oklahoma City.

The one day meeting will feature grassland and economic experts from the Noble Foundation, Agriculture Secretary Jim Reese, Climatologist Gary McManus, Andrea Breautigam, executive director of the Oklahoma Agriculture Mediation Program, FSA Director Francie Tolle and OSU Sociologist Dr. Duane Gill.

"We want to bring together some of the state's top experts to help our producers manage this natural disaster," said Farm Bureau President Mike Spradling. "We are especially interested in having Dr. Gill on the program as he has an established history of working with victims of natural disasters."

Dr. Gill is part of a research team studying the human impacts of natural disasters such as Hurricane Katrina. He has a global reputation for helping victims heal after such disasters as the Exxon Valdez Oil spill in Alaska and the BP oil spill in the gulf last summer.

Gary McManus, Oklahoma Climatological Survey, will look at the long-range projections and give producers an idea of what to expect in the coming months.

For more information- contact Staci Armstrong (405) 523-2320 or Kelli Beall (405) 523-2470.

Click here for the full agenda for the Drought Summit planned by Oklahoma Farm Bureau this coming week.

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers and KIS Futures 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.

Click here to check out WWW.OklahomaFarmReport.Com

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 $12.71 per bushel- as of the close of business yesterday, while the 2012 New Crop contracts for Canola are now available are $13.02 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:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- A Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. <
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.

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