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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!
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:
Current
cash price for canola is $12.05 per bushel at the Northern
Ag elevator in Yukon as of the close of business
yesterday.
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
Thursday,
August 9,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
To
the layman, wheat looks about the same year after
year and from place to place to place. But, says
Mark Hodges of Plains Grains,
nothing could be further from the truth. Almost an
infinite number of variations in composition and
quality make one year's wheat crop drastically
different from those that have gone before and
those that will come in the
future.
Speaking with us at the 2012 Wheat
Review, Hodges says different people like to see
different things in a wheat crop. Producers want
maximum yields. Millers want fat berries and high
test weights. Bakers want high protein.
Theoretically, a perfect wheat crop would satisfy
all their desires. But, this is Oklahoma, Hodges
says, and the perfect wheat crop just doesn't
exist.
"Two years ago the crop was really a
miller's crop. We had large berries, something
that a miller could get a high mill yield out of.
Something he really liked. And probably not the
best protein in the world two years ago, so the
baker probably wasn't really satisfied with what
he got.
"And then last year we had really
good protein, didn't have a lot of volume, but the
baker was really happy with it because he had the
protein he needed. The miller probably wasn't
quite as happy because he didn't get the kind of
yield he wanted.
"And then this year was
really the producer's crop. The miller probably
isn't going to be real happy and the baker isn't
going to be real happy, but they'll figure out a
way to deal with it-as they always do. But the
producer produced a lot of bushels."
You can read more or listen to
the full interview with Mark Hodges by clicking
here.
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Sponsor
Spotlight
It is great to have as a
regular sponsor on our daily email
Johnston Enterprises- proud to be
serving agriculture across Oklahoma and around the
world since 1893. Service was the foundation upon
which W. B. Johnston established the company. And
through five generations of the Johnston family,
that enduring service has maintained the growth
and stability of Oklahoma's largest and oldest
independent grain and seed dealer. Click here for their website,
where you can learn more about their seed and
grain businesses.
We are pleased to have
American Farmers & Ranchers Mutual
Insurance Company as a regular sponsor of
our daily update. On both the state and national
levels, full-time staff members serve as a
"watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click here to go to their AFR
website to learn more about their efforts to
serve rural America!
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Agriculture
Secretary Vilsack Announces New Drought Assistance
to America's
Producers
As
part of continuing steps by the Obama
Administration to assist livestock producers in
response to the historic drought, Agriculture
Secretary Tom Vilsack highlighted
that USDA will utilize nearly $16 million in
financial and technical assistance to immediately
help crop and livestock producers in 19 states
cope with the adverse impacts of the historic
drought. In addition, USDA will initiate a
transfer of $14 million in unobligated program
funds into the Emergency Conservation Program.
These funds can be used to assist in moving water
to livestock in need, providing emergency forage
for livestock, and rehabilitating lands severely
impacted by the drought. Together these efforts
should provide nearly $30 million to producers
struggling with drought
conditions.
"President Obama and I continue
to work across the federal government to provide
relief for those farmers and ranchers who are
affected by the severe drought conditions
impacting many states across our nation," said
Vilsack. "This additional assistance builds on a
number of steps USDA has taken over the past few
weeks to provide resources and flexibility in our
existing programs to help producers endure these
serious hardships. As this drought persists, the
Obama Administration is committed to using
existing authorities wherever possible to help the
farmers, ranchers, small businesses, and
communities being impacted."
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Chairwoman
Stabenow Applauds Administration Drought Relief
Efforts, Urges House to Pass Farm Bill
U.S.
Senator Debbie Stabenow,
Chairwoman of the Senate Committee on Agriculture,
Nutrition and Forestry, applauded President Obama
for convening the White House Rural Council and
responding as forcefully as possible to this
year's record-setting drought. At Chairwoman
Stabenow's urging, the U.S. Department of
Agriculture (USDA) issued disaster declarations
last month that make emergency loans available to
help farmers, ranchers and agricultural businesses
who are recovering from a spring deep freeze and
the worst national drought in more than 50 years.
The White House has now announced a new round of
disaster relief to support farming families and
the nation's agriculture economy.
The
announcement comes as the House has yet to take up
a new Farm Bill, which includes significant
disaster relief provisions and would provide
farmers and agriculture businesses the certainty
they need to invest and grow. USDA Secretary Tom
Vilsack was in Michigan with Senator Stabenow this
week to talk to farmers hurt by this year's
inclement weather.
"The administration's
efforts are very good steps in the effort to
combat against deep freeze, drought and other
weather disasters that have occurred this year,"
said Stabenow. "But while the administration is
doing everything it can, the real burden rests on
Congress to pass a full five-year Farm Bill that
would provide better disaster relief and provide
long-term certainty. Democrats and Republicans in
the Senate came together to pass a bipartisan Farm
Bill. It's deeply troubling that House leaders
would leave farmers, ranchers and small businesses
in the lurch at a time when our agriculture
economy is vulnerable and facing historic
hardship."
You can read more from Senator
Stabenow by clicking here.
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Ethanol
Groups Respond to API Analysis on the Renewable
Fuel Standard
The
Advanced Ethanol Council (AEC) and the Renewable
Fuels Association (RFA) released a joint statement
responding to a recent analysis released by the
American Petroleum Institute (API) about the
federal Renewable Fuel Standard (RFS). The API
analysis suggests that the RFS is not working and
must be fixed.
Brooke
Coleman, Executive Director of the AEC
said, "API has it backwards. The problem is our
dependence on foreign oil, which in turn costs
consumers billions of dollars and comes at great
cost to the economy and the environment. The RFS,
which drives American-made fuel into the
marketplace, is part of the solution. It should
come as no surprise that the oil industry prefers
to maintain its stranglehold on American
consumers, and sees the RFS as a threat to that
dynamic. This so-called report is just a basic
regurgitation of the well-worn talking points API
has used for years to try to weaken a landmark
piece of legislation that threatens to bring
consumer choice to the gas pump. The bottom line
is API is concerned about the upward trajectory of
the U.S. renewable fuels industry and is trying to
spin this success as a failure. Nothing has
changed."
RFA Vice President for Research
and Analysis Geoff Cooper said,
"This report is just another tactic in the
campaign being mounted and funded by the petroleum
industry to seek congressional repeal of the RFS.
While the drought has allowed the livestock
community to take a prominent role in denouncing
domestic ethanol production, many petroleum
interests are still committed to seeking an end to
America's use of renewable fuels. The RFS has been
the most successful energy initiative ever under
taken to directly replace fossil fuels in
Americans' gas tanks. It is creating domestic
jobs, cleaning the environment, and reducing
America's dependence on oil - a fact not lost on
API. Given the attention generated by livestock
interests in opposition to American biofuels,
today's report was much more about a 'me, too'
effort than meaningful discussions that advance
America's clean energy
agenda." |
When
Haying Drought-Stressed Summer Annuals, It Pays to
be Patient
With
forage supplies running short due to the drought,
Oklahoma State University Extension Animal
Scientist Emeritus Glenn Selk
says the temptation to hay summer annuals such as
sorghums, millets, and sudan grass hybrids when
they green up after a rain may be overwhelming. In
an article in the latest Cow-Calf Corner of the
Extension newsletter, Selk says it pays to be
patient.
A few spotty rain showers may
fall even in the midst of heat and drought. They
are not the kind to end a drought, but they
momentarily cool the air, make the pastures and
hay fields look a little greener, and improve
farmer and rancher attitudes. In the case of
drought-stressed summer annuals such as forage
sorghums, millets, and sudangrass hybrids, the
rain-shower may be a wolf in sheep's clothing.
Avoid cutting the summer annual hay
immediately after a drought-easing rain. Often the
highest concentrations of nitrate will be in the
first 48 hours after the first rain after an
extended heat and drought stress period. Usually
it takes the plants at least about a week to
return to normal nitrate concentrations if the
weather and moisture conditions remain favorable.
The drought-stressed plant may again be taking up
nitrates from the soil, but not have the enzymes
present in great enough quantity to reduce the
nitrate on to form amino acids. Amino acids are
the building blocks of plant proteins. With time
and good moisture conditions the plant may return
to normal metabolism and growth, which in turn
will cause reduced nitrate
concentrations.
Click here for more from Glenn Selk
and a link to an OSU Nitrate Toxicity fact
sheet.
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Monsanto
Announces Programs to Help Drought Stricken
Farmers and Communities
As
U.S. farmers face the worst drought in more than
25 years, Monsanto announced new programs for
farmers and the rural communities that have been
impacted by severe drought conditions:
The
Monsanto Fund is doubling its America's Farmers
Grow Communities funding in counties that have
been declared a disaster area by the
USDA.
For farmers, Monsanto is offering
additional prepay options and financing assistance
for the purchase of their seed.
"Nearly 90
percent of the U.S. corn crop is in regions
impacted by drought," said Mike
Stern, U.S. row crops business lead,
Monsanto Company. "Monsanto understands that when
farmers face crop losses, it makes it more
difficult to invest in their business for the
following year. We want to help ease the minds of
our farmer customers who have been hit hard by
this year's drought. We also recognize the
economic impact that a devastating drought can
have on communities where farmers live and work.
This is why we're providing disaster relief
through additional funding of our America's
Farmers Grow Communities program that will
directly assist those drought stricken
counties."
Click here for more.
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This
N That- Rainfall and Cooler Temps?!?!?! - and
Women in Ag Conference Underway Today
Rainfall
made a visit into southeastern Oklahoma over the
last day- and it appears that moderating
temperatures will be coming into the middle part
of the US by tomorrow- and really bring us back
closer to seasonal norms over the next several
days.
According
to Meteorologist Alan Crone with
the News on 6 in Tulsa- the front that is moving
across Oklahoma will start to moderate
temperatures today- but the differences will
really be seen by tomorrow morning- a lot of the
state could see an over night low with a "6" in
front of it- and highs will be in the lower 90s
across a lot of the state.
Click here to see the latest Mesonet
rainfall map for the last 24 hours (as of
early Thursday morning) as well as the opportunity
to read Alan's full weather analysis for this
Thursday morning.
**********
Oklahoma's
Statewide Women in Agriculture and Small Business
Conference is open to all women from
across Oklahoma and gets underway this morning at
the Moore-Norman Technology Center.
"The
focus of the two-day conference is to provide the
latest information on topics that empower women to
solve issues and concerns of importance to them,
their families and communities," said Damona Doye,
Oklahoma State University Cooperative Extension
farm management specialist.
Click here for our calendar item
that includes info on registering at the door-
cost is $60- for this two day conference.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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