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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:
Cash
price for canola was $10.45 per bushel- based on
delivery to the Northern AG elevator in Yukon yesterday.
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
Thursday,
January 17,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Congress
Will Act on New Farm Bill When it is Forced To,
Mary Kay Thatcher Says
With
the 113th Congress in the history books and the
opening of the 114th looming on the horizon,
Mary Kay Thatcher, Senior
Director of Congressional Relations with the
American Farm Bureau Federation, spoke with me
about the fate of the 2012 Farm Bill and the
prospects for the new year. She said she was
disappointed the bill never made it to the House
floor, but was not surprised with the
extension.
"I wasn't surprised that we got
an extension because going to the permanent law
was just such a crazy thing. And you know once the
urban people started understanding $7-a-gallon
milk that certainly pushed it over the top. So, I
wasn't surprised we got an
extension."
However, she said, "I was
surprised about a few things. I would have really
almost bet anything that any extension would have
included livestock disaster assistance given the
huge drought we had. So, obviously, there's still
some things we have to clean up about it, but it
does at least give us another nine months to work
on it. I'm not one of these people that thinks
we're going to do it anytime soon in 2013 either.
So, I suspect we'll be at it most of the
year."
There had been a lot of talk before
the extension was passed that direct payments
would not be a part of any new future legislation.
Thatcher said she doesn't see how that could
happen with so many producers already on the hook
or finalizing plans which rely on those
payments.
"It is almost impossible. Yes,
the direct payments don't come until October in
the next fiscal year, but they're for this 2013
crop. So, thinking that you're going to have a
farm bill that takes those away is just
crazy."
You can catch our full audio
interview or read more by clicking
here.
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Sponsor
Spotlight
We
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
here.
We
are proud to have KIS
Futures as
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
page they
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.
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NCGA
Pleased with Appeals Court Decision to Dismiss
Anti-Ethanol
Lawsuit
Tuesday,
the U.S. Court of Appeals for the District of
Columbia dismissed a lawsuit challenging the
Environmental Protection Agency's approval of E15.
The suit, brought by anti-ethanol groups, was
dismissed on the grounds that none of the
petitioners had standing to bring the
action.
"The decision of the U.S. appeals
court reinforces what we have known for years that
continued attempts to block consumer choice will
eventually fail," said. "The EPA has tested E15
extensively and concluded that it is safe for use
in cars in 2001 and newer. The science is on our
side, and we firmly believe that consumer choice
will prevail in the end."
The suit alleged
that 15 percent ethanol blends harm engines and
push up the price of both food and gasoline. While
much data to the contrary exists, the lack of
subject matter jurisdiction ensured the claim did
not proceed.
Click here to read
more.
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Rep.
Biggs to Seek Constitutional Amendment to Protect
Agriculture Industry
An
Oklahoma House lawmaker intends to file a bill
that would protect the rights of Oklahoma farmers
and ranchers to engage in and utilize modern and
traditional agriculture practices.
State
Rep. Scott Biggs' legislation
would place a state question on the November 2014
ballot to amend the constitution to protect "the
right of farmers and ranchers to engage in modern
farming and ranching practices" and would prevent
any state law or regulation that would " the right
of farmers and ranchers to employ agricultural
technology and modern livestock production and
ranching practices."
Biggs, a member of
the House Agriculture and Wildlife Committee who
grew up on a farm in Indiana and studied
agriculture economics at Oklahoma State
University, said the amendment is necessary to
protect the industry from outside special interest
and activist groups.
You can read more by clicking
here.
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Cow
Herd Rebuilding Faces Uncertainty, But High Calf
Prices Provide Incentive
Drought
prevailed across much of the country in 2012,
especially across much of Oklahoma and Texas.
Cattle producers liquidated large portions of
their herds in 2011 and into 2012. Dr.
David Anderson, professor and economist
in Livestock and Food Products Marketing with the
Texas A&M AgriLife Extension Service, says
we'll know more about the exact size of the
remaining herd and the magnitude of the rebuilding
job facing producers when the USDA's Cattle
Inventory report is released later this
month.
"The
cattle inventory report comes out in a couple of
weeks. I think the most interesting number in the
thing is going to be the number of replacement
heifers held back to enter the herd. I've got to
believe that even though prices are attractive,
when you look at the drought monitor map, it's
going to be pretty tough for people to have held
back many heifers. And that really sets us up for
when we can actually have that expansion. Is it
2014 that we could see it starting? Or is it even
later? And I think it really hinges on those
drought conditions from Texas to the Great Plains
because that's where a big majority of our cow
herd is. It's in those
states."
Anderson says that with
calf prices at record highs, producers may find
making the decision to expand or get back into
cow-calf operations won't be that difficult when
the weather finally stabilizes.
Join us for more on the
Beef Buzz with Dr. David Anderson. Click here to go
there.
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NRCS
Accepting Applications for Greenhouse Gas
Conservation Projects in
Oklahoma
Agricultural
producers in six Oklahoma counties who agree to
implement conservation practices under the new
Environmental Quality Incentives Program
Greenhouse Gas (GHG) Initiative have until
February 15, 2013 to submit applications for
financial assistance.
The USDA Natural
Resources Conservation Service (NRCS), in
partnership with Delta Institute, Oklahoma State
University, and the Oklahoma Conservation
Commission, is making funds available to promote
innovative nutrient management practices and
whole-farm accounting technologies as part of a
3-state Conservation Innovation Grant (CIG). The
funding is available for farmers in Blaine,
Canadian, Grant, Harmon, Jackson, and Major
counties. Applicants can sign up at their local
USDA NRCS field service center.
Funding
will be available to eligible landowners through
the Environmental Quality Incentives Program
(EQIP). NRCS will provide technical and financial
assistance for implementing the core practice of
Nutrient Management as well as supporting
conservation practices to reduce GHG emissions
associated with farming operations in the selected
counties. Land and producer eligibility, adjusted
gross income, and all other program criteria for
participation must be met to participate.
Agricultural lands are eligible for enrollment in
the initiative.
You can read more about this program
by clicking here.
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Irrigated
Cotton In Oklahoma Panhandle Does Well in
2012
Irrigated
cotton in the Oklahoma Panhandle counties of Texas
and Beaver had good yields at the end of the 2012
harvest, according to Dick
Cooper, Plains Cotton Cooperative Assn.'s
business developer for Northern Oklahoma and
Kansas.
"Cotton producers in Texas and
Beaver counties in Oklahoma had a good year with
their irrigated cotton," he said. "Due to the
drought, dry land cotton was all lost.
"In
that area and southern Kansas, 70,000 bales of
cotton were harvested on 51,000 acres. About 4,000
bales came from the two Oklahoma
counties."
Farmers in that area are
optimistic about producing cotton, he said.
"Cotton does better with less water than
corn," he said. "There are plenty of smaller
producing irrigation wells in the area yielding
3-400 gallons which isn't enough water capacity
for corn. Farmers are using these wells for cotton
production. Natural gas still is an economical
fuel to run pumps on the larger producing wells
and farmers are planting corn in those
fields."
Click here for
more.
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This
N That- Ottawa County Goes Primary, No Till
Reminder and Old Man River Keeps Flowing
The
U.S. Department of Agriculture (USDA) has
designated Ottawa County in
Oklahoma as a primary natural disaster area due to
damages and losses caused by the recent drought.
Ottawa County was the only county in Oklahoma not
so designated in an earlier announcement by the
USDA. Click here for the release from
USDA on this 77th Oklahoma county that makes it
100% of the counties in the state that are primary
disaster areas.
**********
The
Winter Conference of No Till on the Plains
is just 12 days away- and there is still time to
register and attend- Keynote speaker Ray
Archuleta, NRCS Conservation Agronomist
and member of the Soil Quality Team, Greensboro,
North Carolina, is passionate about soil health
and a tremendous source of knowledge on improving
soil health. The depth of his knowledge of the
system will inspire and equip you with information
to cope with the weather extremes of today. He
kicks off the conference on the afternoon of
January 29. Click here for details about the
conference and how to register.
**********
Heavy
rains over the weekend were a difference maker for
Mississippi River shippers. That's according to
Midwest Grain and Barge Vice President and General
Manager Matt Zimmerman. He says
the rain was widespread and delivered more
moisture than expected. As such - water levels
near Cape Girardeau, Missouri were on the rise.
In
addition to the rain - the Army Corps of Engineers
finished the first phase of the rock removal
project at Thebes, Illinois earlier than expected.
The Corps removed 365 cubic yards of limestone
from the channel - deepening the navigable area by
two-feet. Commander of the Army Corps' Mississippi
Valley Division Major General John
Peabody says the success of the rock
removal work - along with the recent and forecast
rain - increases confidence an adequate channel
can be sustained through the spring.
According
to the National Weather Service - the water level
of the river at St. Louis today (Thursday) will be
up nearly two-feet from last Wednesday. That will
equal the highest level in almost a month. At
Thebes - the water level had jumped nearly
nine-feet over the weekend. SO- it looks
like old man river may keep moving and remain a
waterway for commerce up and down the center of
the country.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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