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weekdays- if you missed this morning's Farm News - or
you are in an area where you can't hear it- click
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Let's Check the
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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 $12.47 per bushel- based
on delivery to Yukon. The full listing of cash canola
bids at country points in Oklahoma can now be found in
the daily Oklahoma Cash Grain report- linked
above.
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
Wednesday, September 5,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Democratic
Party in Favor of "An Ag Economy Built to
Last"
Much
like the Republicans, the Democrats offer few
specifics on what they want for a farm policy
direction in their 2012 National Platform,
released at the DNC Convention in Charlotte, North
Carolina. Regarding agriculture, the Democrats
speak of being for the small and large producer,
in favor of ag exports, a strong farm safety net
and lots of crop insurance. There is no mention of
wanting to complete the 2012 Farm Bill this
year.
Here are the two paragraphs that
provide the full outlook for agriculture from the
Democratic party's point of view:
"An
agricultural economy built to last is integral to
the affordability of our food, the independence of
our energy supply, and the security of America's
middle class. Democrats support agriculture from
the small farms that feed the community to the
large farms that feed the world. Under President
Obama, American farmers are seeing record farm
income, record agricultural exports, and millions
of acres enrolled in conservation programs.
President Obama has expanded markets for American
goods that help support more than a million
agriculture jobs here at home. And in the past few
years, agriculture has been one of the
fastest-growing parts of our economy, creating one
out of every 12 American jobs.
"Democrats
appreciate agriculture's role in securing
America's food security and making our country an
ambassador of food aid to countries across the
world. That's why Democrats support a strong farm
safety net, with increased availability of crop
insurance and emergency disaster assistance to
help farmers and ranchers keep their farms in
business after natural disasters and crop loss.
Democrats are also planning for a strong
agricultural future, and President Obama has
proposed increasing funding for research and
development to improve agricultural productivity
and continue to pursue global food security."
Click here to jump to the full
Democratic platform.
MEANWHILE-
one farm related note from the Democratic
Convention in Charlotte- US Secretary of
Agriculture Tom Vilsack will
address Conventions goers this evening in the 6 PM
central time hour- he's listed early in the hour,
right after House Speaker Nancy Pelosi- with ten
speakers and a video scheduled for that hour- I
would suspect Secretary Vilsack will get maybe
five to six minutes at the podium.
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Sponsor
Spotlight
Midwest
Farm Shows is
our longest running sponsor of the daily farm and
ranch email- and they want to thank everyone for
supporting and attending the Southern
Plains Farm Show this spring. The
attention now turns to this coming December's
Tulsa Farm Show- the dates for
2012 are December 6 through the 8th. Click here for the Tulsa Farm Show
website for more details about this tremendous
all indoor farm show at Expo Square in
Tulsa.
We
are proud to have P & K
Equipment as one of our regular sponsors
of our daily email update. P & K is Oklahoma's
largest John Deere Dealer, with ten locations to
serve you. P&K is also proud to announce
the addition of 6 locations in Iowa, allowing
access to additional resources and inventory to
better serve our customers. Click here for the P&K
website- to learn about the location nearest
you and the many products they offer the farm and
ranch community.
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Ninety
Percent of Oklahoma Still Experiencing Exceptional
or Extreme Drought
Conditions
Only
the furthest eastern part of the state received
any significant rainfall from the remnants of
Isaac this past week. Most of the state was
without any measurable rainfall and temperatures
rose from the previous week. Average high
temperatures were in the mid to upper 90s and the
high for the week was 107 in Alva on Sunday.
According to the August 30th Drought Monitor, the
area classified with exceptional drought was
reduced from the previous week, but 90 percent of
the state was still in an extreme to exceptional
drought.
Significant
progress was made in seedbed preparation for fall
planting, but producers were waiting for moisture
to plant. Only the furthest eastern part of the
state received any rain from Hurricane Isaac.
According to the August 30th Drought Monitor, 90
percent of the state is still in extreme to
exceptional drought. Hay, pasture and livestock
conditions were rated mostly poor to very
poor. For the full Oklahoma Crop Progress
Report, click here.
With
precipitation from the previous week, Kansas row
crop conditions improved slightly, but the 71
percent of the corn crop was still rated poor or
very poor. Click here for the Kansas Crop
Report.
Scattered
showers were received in Central, South, and East
Texas. The coastal area received as much as three
inches for the week. Ground preparation continued
for winter wheat and oats, with some seeding in
the Plains and North Texas. To read the Texas Crop Progress
Report, click here.
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Allendale
Annual Crop Survey Projects Highest Corn Yields in
Cimarron County, Oklahoma
The
Allendale, Inc., 23rd Annual Crop Survey for 2012
projects a 10.326 billion bushel corn crop for the
Unites States and estimates the highest yielding
corn crop will come from Oklahoma. The survey
which is based on producer-calculated yields in 32
states, projects Cimarron County, Oklahoma, with
the top yielding corn at 250 bushels per acre. The
survey, which looks at corn and soybeans, was
conducted from August 20-31.
The projected
high yield for soybeans is in Lancaster County,
Pennsylvania, at 80 bushels per
acre.
Overall, the survey projected average
corn yields of 118.2 bushels per acre and soybean
yields of 34.9 bushels per acre
nationwide.
The survey pegged December
producer high price expectations at $8.85 per
bushel for corn and $18.25 per bushel for
soybeans.
USDA figures as of August the
12th projected an average yield of 123.4 bushels
per acre of corn, and 36.1 bushels per acre of
soybeans. Updated September first USDA numbers
will be released next Wednesday- September 12th.
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Oklahoma
Women in Agriculture Seminar Scheduled for
September 18th
The
2nd annual Northwest Oklahoma Women in Agriculture
Seminar will take place Sept. 18 at the Northwest
Technology Center in Fairview.
Jim
Rhodes, Major County Extension
agricultural educator, said the emphasis of the
seminar is to provide information and insights
useful to women who are involved in agriculture
through either farming or ranching.
On-site registration begins at 9:30 a.m.
Sessions will start at 10 a.m. and run through
mid-afternoon. Cost is $5 per participant. Contact
the Northwest Technology Center at 580-227-3708 or
the Major County Extension Office at 580-227-3786
to reserve a seat.
"We ask participants to
pre-register if possible because it really aids in
our planning and helps ensure that we have
sufficient numbers of meals, refreshments and
conference materials on hand," Rhodes
said.
For more details, click here.
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Pork
Producers Prepare to Tackle 2013 National Pork
Board Budget
In
the midst of some of the most difficult market
conditions in years, more than 50 pork producers
will meet in Des Moines Sept. 5-6 to draft a 2013
budget for the National Pork Board that focuses on
continuing to build demand for pork while
addressing several challenging production
issues.
The producers from throughout the
country who make up the Plan of Work Task Force
will continue a planning and budgeting process
that began earlier this summer when producer-led
committees identified specific action steps
designed to meet the goals in the board's
strategic plan. Those goals include:
- Refresh
and reposition pork's image to increase domestic
and international consumer demand.
- Protect
the rights and ability of U.S. farmers to
produce pork in a socially-responsible and
cost-competitive manner.
- Pursue
strategies to enable U.S. pork producers to
remain highly competitive, long term, on a
global basis.
Based
on revenue projections from the Pork Checkoff in
2013, the board has established a budget target of
$67 million, which is approximately 5 percent
below the 2012 budget. Revenue forecasts are lower
for 2013 because of projections that hog prices
will be slightly lower in 2013 than they were this
year. National Pork Board revenues come from the
Pork Checkoff, which collects 0.4 percent of the
sale price when a hog is marketed.
You can read more on the Pork Board's
agenda for its annual meeting by clicking
here.
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Food
Stamps Handed Out at Record Levels in 2012- GOP
Congressman Calls President Obama the Food Stamp
President
Recent
numbers released by the U.S. Department of
Agriculture (USDA) show that food stamp enrollment
reached an all-time high of 46.7 million
individuals or 22.4 million households in June
2012. Enrollment is up 3.3 percent over a year
prior and up 46 percent since January 2009. Food
stamps- or what is now known as SNAP (Supplemental
Nutrition Assistance Program) cost American
taxpayers in 2007 $30 billion, when 26 million
Americans received food assistance, according to
the nonpartisan Congressional Budget
Office.
David Rogers with
Politico says there are politics embedded into the
Food Stamp debate. "The White House deliberately
increased monthly benefits in 2009 by about $20
per person as a way to pump stimulus dollars into
the economy. And in this post welfare-reform
crisis, strapped governors have sought to maximize
food stamp dollars as a cheap way to help families
without tapping state funds." Regarding the state
governments trying to play the rules to boost food
stamp handouts- Rogers writes "conservatives
complain that about 16 states are now abusing the
system by distributing token federal low-income
energy assistance in order to maximize the food
stamp benefits allowed their
citizens.
Meanwhile- fast
forward to sixty days before the November general
election- and you have Freshman Republican
Congressman Tim Huelskamp of the
Big First District in Kansas calling President
Obama the "Food Stamp President."
Huelskamp in a news release adds "The
sad thing is that is the way he wants it. It
shores up his base to hand out more of other
people's money. President Obama would much rather
Americans be dependent on the government to feed
their families than on a paycheck. It is a
testament to the failure of the Obama Economy that
14.7 million Americans have been added to the food
stamp rolls since he took office.
To compare the food stamp record of
President Obama and President Bush, click
here.
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Midweek
Beef Bits- Mama Cows and Drought, Beef Market
Pressures and Superior Firing Up with 95,000 Head
on Offer
OSU
Extension Livestock Market Economist Dr.
Derrell Peel says it is difficult to
estimate just how much impact the drought this
year has had on the US beef cow herd- but that
there has been some liquidation of cows this year-
and more could be coming in the 4th quarter of
this year if producers have not done a good job in
matching up their available forage supplies with
the number of cows they are trying to carry.
To read more from his latest analysis of this
subject-
click here to jump over to our
website.
Our
friend Ed Czerwein at the USDA
market news office in Amarillo has his latest
audio review of last week's wholesale beef trade
as well as the feedlot sales for the week- in a
nutshell- whole beef was falling- cash prices for
finished cattle were rising- and he explains it
all if you make the jump to our story by clicking
here.
Finally-
the three day Superior Livestock Auction video
sale is getting under today on RFD TV and on the
web as well- they will be selling over 95,000
head- and Jim Odle emphasized to
me that they have a lot of really good looking
weaned calves for delivery later this fall-
something that may catch the interest of some
folks who are hoping for some good wheat pasture
not too many weeks down the road. Click here for the details of the
Superior sale that runs today through Friday.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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