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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
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.
price for canola was $11.60 per bushel- based
on delivery to the Northern AG elevator in Yukon Monday.
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.
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
Monday, September 24,
States Cattle on Feed Down One Percent- Report
Predicts Tight Beef Supplies in
latest USDA Cattle on Feed report was released
last Friday and it showed On Feed numbers
slightly lower than what the trade was
expecting. The report came in at 99
percent with pre-report estimates at 99.9 percent.
Placements came in at 89 percent, lower than
expected and Marketings were also lower than
expected at 95 percent.
say the smaller placement numbers point to tight
beef supplies in 2013- perhaps even tighter than
had been earlier expected.
cattle on feed number is the fourth largest
September report in the last 17 years. The latest
report is looked on as slightly friendly to the
week- in advance of the monthly report-
Jim Robb, Director of the
Livestock Marketing Information Center (LMIC)
predicted that the August numbers in Friday's
report "will be an important barometer for
the beef industry because it will provide insight
on how three forces are shaking-out: drought,
smaller calf crops, and huge red ink on recent
can hear Tom Leffler of Leffler
Commodities breakdown all the numbers and how
they will affect the markets going forward by clicking here.
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 clicking
are proud to have KIS
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma Farmers & Ranchers
with futures & options hedging services in the
livestock and grain markets- Click here for the free market quote
provide us for our website or call them at
1-800-256-2555- and their iPhone App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your iPhone.
Checkoff Sets FY2013 Plan of Action, Cuts Budget
Nearly $3 Million
Cattlemen's Beef Board will invest about $40.3
million into programs of beef promotion, research,
consumer information, industry information,
foreign marketing and producer communications in
Fiscal Year 2013, a cut of almost $3
million from last year.
action concluding its two-day meeting in
Denver last week, the Operating Committee -
including 10 members of the Beef Board and 10
members of the Federation of State Beef Councils -
approved checkoff funding for a total of 42
"Authorization Requests," or proposals for
checkoff funding in the fiscal year beginning Oct.
1, 2012. The committee also will request full
Board approval of a budget amendment to reflect
recategorization of the FY2013 budget in
accordance with the programs approved.
really had a tremendous task before us," said Beef
Board and Operating Committee Chairman Wesley
Grau, a cattleman from New Mexico. "We had to find
ways to cut nearly $3 million from the proposals
presented to us for checkoff funding in the coming
Among the cuts in program proposals
was a $300,000 cut from consumer advertising;
$100,000 from nutrition research; a $275,000
proposal for programming about the beef industry
on America's Heartland on PBS; a $100,000 cut from
the national Beef Quality Assurance program; and a
total of more than $811,000 in cuts from various
You can read more about the Beef
Checkoff budget by clicking here.
Canola Industry, 2013 Season Shaping Up Well,
2013 winter canola planting window is now open and
producers across Oklahoma are getting the crop in
the ground or making final preparations to do
Gene Neuens of
Producers Cooperative Oil Mill has been at the
forefront of helping to grow this new industry in
the Southern Plains. Over the past seven or eight
seasons Neuens has watched as canola acreage has
expanded, and he is keeping his eye on how this
season is shaping up.
Recent rains in some
parts of Oklahoma have nudged producers to begin
planting, but some are waiting to see if they'll
get a little bit more moisture before the planting
window starts to close. But, in Kansas and Texas,
some producers are way ahead.
"We have a
guy in Haskell, Texas, that's quite a ways south,
already has canola up. So we have canola. Planting
date starts Sept. 1st in Kansas, so they have
quite a few more acres planted in Kansas than we
do. Kansas sounds like they'll have 30- to 35,000
acres this year which is going to be a very big
increase for Kansas."
Oklahoma farmers will plant about 250,000 acres of
canola this year. Texas will have about 30,000. He
says some seed companies have run out of seed this
year, giving them more incentive to increase
stocks for next year.
Click here to read more or listen to
our full conversation with Gene about how the
canola industry is now beginning to hit its
Gains Tax Precludes Farmers from Passing Torch
American Farm Bureau Federation urged Congress to
reform the capital gains tax because of its
detriment to young and beginning farmers. In a
statement submitted to the House Ways and Means
and Senate Finance Committees' joint hearing on
tax reform, AFBF said the cumbersome tax makes it
difficult for current farmers to pass the torch to
a new generation of
gains taxes apply when land and buildings from a
farm or ranch are transferred to a new or
expanding farmer while the owner is still alive.
This occurs most often when a farmer wants to
expand his or her farm or ranch to take in a son
or daughter, or when a retiring farmer sells his
or her business to a beginning farmer.
"Since approximately 40 percent of
farmland is owned by individuals age 65 or older,
capital gains taxes provide an additional barrier
to entry for young farmers and ranchers at a time
when it is already difficult for them to get in to
the industry," said the AFBF statement. "Capital
gains tax liabilities encourage farmers to hold
onto their land rather than sell it, creating a
barrier for new and expanding farms and ranches to
use that land for agricultural
Click here to read more.
Strikes Back at USDA, Beef Industry Checkoff Group
Over Meeting Ban
USA is fighting a letter it says it received
banning the group from participating in the Beef
Checkoff Industry Input Group meeting which starts
today in Denver.
USA CEO Bill Bullard said he
received a letter on Sept. 17 signed by all eight
members of the Industry Checkoff Group stating
that no R-CALF USA representatives were allowed at
the meeting. Bullard said the letter falsely
accused his organization of stating in a recent
letter to Agriculture Secretary Tom Vilsack that
R-CALF would join the Mike Callicrate v. USDA, et
joint letter falsely and maliciously accuses
R-CALF USA of making a statement R-CALF USA did
not make, and then used that statement as their
basis for attempting to ban R-CALF USA from
meeting with the USDA," Bullard said. Click here to read more about
the meantime, Bullard has filed a Freedom of
Information Act request for copies of all records
of communications between the USDA and the eight
groups leading up to the Sept. 24 meeting. You can read more about R-CALF's FOIA
request by clicking here.
Treatment Necessary For Drought-Stressed Calves
second year of drought behind us, its effects
continue to linger. One of the areas in which that
stress is most pronounced is in cattle. Radio
Oklahoma's Ed Richards spoke with Dr. Mark
Campbell, veterinary services manager for
Merial Animal Health. Dr. Campbell says cattle,
especially calves, are facing a number of
challenges this fall after two years of
pasture-killing dry conditions.
"A lot of
time their immune system isn't functioning
properly because they're either nutritionally
deficient or mineral deficient. They may not have
received either adequate or good quality
colostrums when they were born because their
mothers were probably mineral and nutritionally
deficient also. That can stay with them the rest
of their life if they didn't get that good
colostrum when they were born. And we're probably
having to wean them lighter. And these lighter
calves become more of a problem.
these cattle are nutritionally stressed, minerally
deficient it makes it even more important to treat
them early. The earlier you treat a calf, the
better your response usually is. And, in this hot
weather, they lack enough lung tissue to begin
with, but when we destroy some lung tissue by
pneumonia or BRD then it puts that calf further
and further behind."
You can listen to more from Dr.
Campbell in the current Beef Buzz by
Breaking From Saturday- President Obama and
Secretary Vilsack Take Aim at House Republicans
for Pushing Farm Bill Into the Lame
President Barack Obama and his
Secretary of Agriculture took a swing at the
Republican leadership in the US House over the
weekend for not moving forward and getting a 2012
Farm Bill done in September before heading home to
campaign. President Obama used his weekly radio
address to take his jab- including the farm bill
in a list of several things that were left undone
as Congress scrambled to get out of town in
advance of getting down to non stop campaigning in
advance of the November general election.
Regarding the stalled out efforts to
get farm policy renewed, President Obama said "if
Congress had gotten its act together, we would
have a farm bill to help farmers and ranchers
respond to natural disasters like the drought we
had this summer. And we'd have made necessary
reforms to give our rural communities some
long-term certainty. But so far, Republicans in
Congress have dragged their feet."
for Secretary Tom Vilsack- he
majored on the concept of "certainty" as he
released a statement on Saturday morning following
the release of the Obama Radio Address- blaming
the GOP as he claimed that "the House
Republicans have added new uncertainty for rural
Click here for the full Vilsack
statement from Saturday- Congress is finished
until the November elections- and it is very much
unknown if the lack of a completed farm bill
before November will harm Republican hopes of
taking the Senate and holding the US House.
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