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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 $10.62 per bushel at the Northern
Ag elevator in Yukon as of the close of business
Friday.
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
Monday, August 20,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Oklahoma
FFA to Send 21 National Proficiency Award
Finalists to the 2012 National Convention
For
the fourth time in the last five years-
Oklahoma FFA has qualified more
than twenty proficiency award contestants as a
national finalist for the upcoming 2012 National
FFA Convention to be held in October in
Indianapolis. The Oklahoma FFA organization
returned to this elite level after qualifying only
14 national finalists in the Proficiency Awards in
2011. The 21 National Finalists that will
represent Oklahoma this fall rank third nationally
when it comes to the number of National Finalists
qualified by a state. Oklahoma is a part of the
Central Region and has the most of any state in
our region again in 2012. Georgia, out of the
South Region, has placed 24 FFA members into the
"Final Four" in their respective Proficiency
Award, while California, a part of the West
Region, claims 22 National Finalists this year.
The top state in the East Region is Ohio, with 14
National Finalists, while the second place state
in the Central Region when it comes to Proficiency
Awards is Wisconsin- this year claiming 14
national finalists.
Traditionally, Oklahoma
is one of about five states that bring the most
National Finalists in Proficiency Awards to the
National Convention- and several times in recent
years has brought the most National
Finalists to the Convention- but has also
walked away with the most National Awards on
Friday afternoon at the Convention when they are
announced on stage. Proficiency Awards are one
measure of the high quality FFA and Ag Education
program that Oklahoma has developed and nurtured-
earning respect nationally as one of the elite
states in the US within the FFA
organization.
For a complete list of this year's
Oklahoma national finalists, please click
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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United
States Cattle on Feed up One Percent-
Oklahoma Feedlot Numbers Shrink by
11%
The
latest USDA Cattle on Feed report
was released August 17 showing very little
variation from the pre-report estimates to the
actual USDA numbers. August On-Feed came in at 101
percent of year ago levels with 10.656 million
head of cattle, the largest On Feed number in the
past six years.
Placements
came in at 90 percent of year ago levels, a little
lower than estimates. Placements equaled 1.922
million head of cattle. Marketings came in at
100 percent of year ago levels, slightly lower
than the trade was looking for.
Overall,
the report is looked on as neutral as far as the
markets are concerned.
You can read more and hear Tom
Leffler of Leffler Commodities breakdown all the
numbers by clicking here.
By
the way- the Oklahoma feedlot
numbers are well off one year ago-
according to NASS- The Oklahoma inventory of
cattle on feed for feedlots with capacity of 1,000
or more head, totaled 320 thousand head on August
1, 2012, unchanged from the previous month but
down 11 percent from August 1, 2011. Placements
during July were 68,000, down 21 percent from one
year ago. Marketings of fed cattle during July
were 66,000 head, down 11 percent from the same
month last year. Other disappearance during July
totaled 2,000 head.
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Ethanol
Groups Applaud Ruling Allowing Marketing of E15
Fuel
Two
groups representing the ethanol industry hailed a
court ruling favoring the EPA's approval of E15
motor fuel for newer light-duty vehicles and flex
fuel vehicles. The U.S. Court of Appeals for the
District of Columbia Friday morning rejected
challenges by multiple groups against the EPA's
partial waiver which will allow the marketing of
gasoline blended with 15 percent ethanol for
vehicles newer than the 2001 model year. Nearly
two-thirds of all vehicles now on the road are
able to use this fuel.
Tom
Buis, CEO of Growth Energy said, "This
decision is a win-win for both the American
consumer and our nation."
Since
the initial waiver filing in March 2009, vehicles
were tested using E15 for a combined six million
miles, health effects data on E15 was collected
and approved, and a first of its kind misfueling
mitigation plan was required and approved in order
for retailer to offer E15. Today, at least one
station in Lawrence, Kan., is selling E15 under
the conditions set by the partial waiver.
Click here for the reaction
of the RFA on our webpage.
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Wheat
Buyers Learn How to Contract for Value When Buying
U.S. Wheat
Every
wheat importer wants to get the right wheat at the
best possible price. The key to success for wheat
buyers is in the details of their tender
specifications and a transparent system that gives
them many options. That is what a group of Korean
flour milling supply managers learned recently at
a USW-sponsored "Contracting for Value" workshop
at the Wheat Marketing Center in Portland, OR.
"A wheat buyer who understands how the
U.S. wheat marketing system works and how U.S.
grain exporters assess their risk in grain tender
specifications is in a position of strength," said
USW Vice President, West Coast Office Director
Steve Wirsching. "Putting that
knowledge to work also increases their confidence
in the United States as a reliable wheat
supplier."
In the workshop, the Wheat
Marketing Center's technical director and Asian
foods specialist, Dr. Gary Hou, explained how
wheat quality is measured and how it relates to
end-product quality in baguettes, pan bread,
cookies and sponge cakes. Wirsching showed the
Korean buyers how to tailor their tenders using
the language of U.S. grain exporters and the
Federal Grain Inspection Service (FGIS) that
independently inspects and supervises wheat
loading at the export elevator.
You can read more of this story by
clicking here.
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Cattle
Producers Should Watch for Premature Calf Births,
OSU Researcher Says
Southern
Plains cow-calf producers with fall-calving herds
should be watching out for any incidence of
premature births this August.
Research
conducted by Oklahoma State University's Division
of Agricultural Sciences and Natural Resources
indicates that excessively hot summertime
temperatures - all too normal for the
south-central region of the United States - can
shorten the gestation length of beef cows.
"Producers may need to adjust their herd
management so as to help cows that require
birthing assistance; OSU research shows that cows
exposed to 90 degrees Fahrenheit or greater during
the last two weeks of gestation calve an average
of four days earlier than what is considered
normal," said Bob Wettemann, OSU
Regents professor and animal science researcher.
Wettemann added some calves in the OSU
studies were born two weeks early in August, and
showed good survival rates provided the newborn
calves had access to sufficient shade.
To read more from Bob Wetteman,
just click here.
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USDA
Seeks Applications for Grants to Help Agricultural
Producers Bring Increased Value to Their Products
Agriculture
Secretary Tom Vilsack invited
agricultural producers to apply for grants to
increase the value of their
products.
"Producers can greatly enhance
the bottom line of their businesses and improve
their economic prospects when they improve the
value of their products, thus expanding their
markets and customer base," Vilsack said. "The
Value Added Producer Grant program (VAPG) has a
proven track record of doing just that and I am
pleased to announce that we are inviting producers
to apply for these grants by the deadline. The
funds in this program enable America's farmers,
ranchers and rural business owners to find ways to
expand their product offerings, revenue streams
and create more economic opportunity by bringing
additional value to what they already
produce."
Applicants have until October 15,
2012 to apply. Vilsack emphasized that far too
many producers are missing out on significant
economic opportunities when their products are
enhanced further away from the farm. "When our
producers keep their value-added activities closer
to the farm, it not only improves their bottom
line; it strengthens our rural economy and
strengthens our rural communities."
Click here to read more and to find a
link for application information.
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OALP
Class XVI Gearing Up for First Seminar
The
newest class of the Oklahoma Agricultural
Leadership Program is gearing up for its
first seminar in Stillwater. Later this week-
Class XVI will gather to begin their two year
leadership journey. I will put my Ag
Leadership Advisory Council Chairman hat on-
and help welcome the new class- and challenge them
to invest their time and energy into the program
to reap maximum benefit.
OALP, one of
Oklahoma's top leadership programs for emerging
agricultural leaders, has been going strong now
for 30 years. It is a 20-month program that
focuses on the development of leaders in the
agricultural and agri-business world.
Edmond Bonjour, OALP
director, said he is excited to be working with
this new and diverse class.
"From the
agricultural production side, this new class is
involved in crop and tree farming; cattle, hog and
sheep operations; as well as fruit and vegetable
production," said Bonjour, an alumni of Class XIII
and who saw his inaugural OALP class graduate
earlier this spring. We traveled with Class XV to
Scotland and Ireland for their capstone
international travel experience- our coverage of
that trip can still be seen on our website- just click here.
Click here for more on OALP Class
XVI.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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