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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.
We have a
new market feature on a daily basis- each afternoon we
are posting a recap of that day's markets as analyzed by
Justin Lewis of KIS Futures- and Jim
Apel reports on the next day's opening electronic
futures trade- click
here for the report posted yesterday afternoon
around 5:30 PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash
price for canola was $11.48 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.
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, May 13,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
-- Chairman Frank Lucas Previews Farm
Bill Plans at Lahoma Field Day ( Jump to Story)
-- Lucas Pleased with Stabenow's Version
of Farm Bill, Upbeat About Chances for Passage and
Reconciliation ( Jump to Story)
-- USDA Reports Predict Record Corn and
Soybean Crops, Smaller Wheat Crop for 2013 ( Jump to Story)
-- OSU Wheat Specialist Jeff Edwards
Calls USDA Wheat Number for Oklahoma Too High ( Jump to Story)
-- Superior Livestock Auction Purchased
by National Livestock ( Jump to Story)
-- BIO Disappointed in APHIS Decision to
Require Further Analysis on Dicamba- and 2,
4-D-Resistant Plants ( Jump to Story)
-- This N That- Turf Touchdown for
OSU, In the Field note, Winfeld
Meetings and Wheat Commission Election ( Jump to
Story)
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Featured Story:
Chairman
Frank Lucas Previews Farm Bill Plans at Lahoma
Field Day
The
Chairman of the House Ag Committee, Oklahoma
Congressman Frank Lucas, looked
very relaxed as he spoke to a group of farmers
gathered for the 2013 Lahoma Wheat Field Day at
the OSU Wheat Research Facility just outside
Lahoma, Oklahoma (west of Enid). Lucas, in the
middle of his sprawling 32-county district, made
references time and again about those "folks back
east" as he referred to the efforts to bring
together a 2013 five year Farm Bill.
Lucas
spoke to the farmers about the expectations for
the the mark up of farm policy this coming week in
Washington- both in the Senate Ag Committee on
Tuesday and then the House Ag Committee on
Wednesday.
He expressed a lot of optimism
that a new five year farm bill would be completed
this year- especially with the hope of floor time
as early as June- as promised by House leadership.
We have his full remarks made to the farm
audience on Friday morning- five days in front of
the mark up- and you can listen to them by clicking here.
Keith
Good who operates FarmPolicy.Com has had those
remarks transcribed- click here to read and
review the Chairman's remarks.
You
can also read the text of the 2013 House farm bill
by clicking here.
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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 recently-completed Southern
Plains Farm Show in Oklahoma
City. The attention now turns to the
Tulsa Farm Show. The
dates are December 12-14,
2013. Click here for the Tulsa Farm Show
website for more details about this
tremendous farm show at Tulsa's Expo
Center.
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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Lucas
Pleased with Stabenow's Version of Farm Bill,
Upbeat About Chances for Passage and
Reconciliation
Senator
Debbie Stabenow, chairwoman of
the Agriculture Committee has unveiled her version
of the 2013 Farm Bill for markup. Stabenow's bill
contains the Agricultural Risk Coverage proposal,
but she has also included a target price
provision. House Agriculture Committee Chairman
Frank Lucas spoke with me and
said Stabenow's inclusion of those provisions is
opening a door for House members.
"It
looks like in a couple of particular groups like
peanuts and rice, she's attempting to do that. I
think that represents a great step forward. It
lays the groundwork for compromise, but ultimately
we have to address all the commodity groups. And
when it comes to giving people an option in
addition to ARC, the shallow loss revenue stuff,
all commodity groups need to be able to
participate and I think we'll work that out, but
the Senate's not quite to a perfected document yet
and I'm going to work and help them."
Lucas
is the chair of the conference committee that will
iron out any differences between the House and
Senate versions of the farm bill. He said he
has every confidence of being able to come to a
consensus with Stabenow. You can read more
of this story by clicking here.
Lucas said
that even though there is a very wide gap between
the Senate's proposed bill and the House's version
in some places, there are a lot of
reasons for producers to be optimistic about how
the process is playing out. He said he is very
confident that a significant bill will be passed
that can be signed by the President.
You
can read a section-by-section summary of the House
version of the bill by clicking here.
Despite
Lucas's optimism about the bill, there are still
opponents. Click here for an editorial from
the Environmental Working Group which takes issue
with both the House and Senate versions of the
farm bill.
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USDA
Reports Predict Record Corn and Soybean Crops,
Smaller Wheat Crop for 2013
Grain
markets reacted negatively Friday to a mix of
numbers released in a pair of reports from the
USDA. The World Agriculture Supply and Demand
report and the Crop Production report forecast
record production in corn and soybeans and a drop
in overall wheat production.
The WASDE
report projects a corn yield of 158 bushels per
acre, implying a record crop of 14.14 billion
bushels, up 3.36 billion bushels from 2012 when
much of the nation was overtaken by severe
drought.
The
USDA is forecasting a record year soybeans,
projecting 3.39 billion bushels, up 375 million
bushels from 2012. Soybean stocks are expected to
increase to 265 million bushels, up 140 million
from 2012-13 marketing year, with the
stocks-to-use ratio at 8.1 percent.
Wheat numbers in the Crop
Production report were decidedly negative, with
the USDA forecasting winter wheat production at
1.49 billion bushels, down 10 percent from 2012.
The report forecasts a 114-million-bushel crop for
Oklahoma. That's down from a 155-million-bushel
crop the year before.
Even
with a lowered estimate for Oklahoma, Oklahoma
State University Small Grains Extension Specialist
Dr. Jeff Edwards says the USDA
analysts are seeing the state's wheat crop
potential through rose-colored glasses.
"I
think they're a group of optimists. I think that's
really high. I believe the Oklahoma Grain and Feed
number was probably closer at about 85 million
bushels. I think that's much more realistic. If we
have these cooler temperatures that allow us to
have an extended grain fill, I think we'll make
that 85 million, maybe push the 90-million-bushel
range. If we get hot and dry in the next few weeks
and have those hot winds, I don't think we'll make
that 85. We're probably looking at about half of
what we had last year if we turn hot and dry."
You
can read more of this story as well as finding
links to the USDA's reports, and a commentary from
commodity trader Tom Leffler on what the numbers
mean by clicking
here.
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OSU
Wheat Specialist Jeff Edwards Calls USDA Wheat
Number for Oklahoma Too High
Dr.
Jeff Edwards, Extension Wheat Specialist
for Oklahoma State University, has been traveling
the wheat belt within Oklahoma over the last few
weeks- and he told me that the most common thing
that he has seen in recent days in most wheat
fields he has checked is "freeze damage, lots of
freeze damage."
On
Thursday, he spent time at the OSU wheat plots in
Chickasha and then Friday, he was at the Lahoma
Wheat Field Day at the North Central Oklahoma
Research Farm that's a part of the OSU Ag
Experiment Station. Edwards called the freeze
damage seen at both Chickasha and at Lahoma as
five to fifteen percent damage- while in many
other locations he has found higher levels of
damage to the wheat plants he has
checked.
Edwards says that he has seen
limited stem damage from the freeze events across
the state, with plants that have been damaged
taking the hit in the head mostly. He does not
expect 2013 to be as bad as 2007 when it comes to
stem problems.
His hope for the 2013
crop is for the continuation of an extended mild
spring, with limited hot, dry, windy weather
between now and the latter part of June. He says
that it will not surprise him to see wheat harvest
still underway in parts of the state around the
Fourth of July.
Click here for more of this story
on our website.
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Superior
Livestock Auction Purchased by National
Livestock
National
Livestock Credit announced the purchase of
Superior Livestock Auction, Inc. National
Livestock and cattlemen from several states have
formed a limited partnership to acquire
Superior.
National Livestock Credit is part
of a family of livestock service companies formed
in 1932 to improve the ability of producers to
market and finance livestock. When livestock
producers were seeking more competitive options,
the National Livestock companies were formed to
improve the potential for profitability for those
producers. The corporate headquarters of National
Livestock Credit is located in the Oklahoma
National Stockyards in Oklahoma City,
Oklahoma.
Superior Livestock Auction, Inc.
was founded in 1987 and introduced satellite video
marketing to the nation's cattle industry.
Superior has grown to become the largest livestock
auction in the United States, marketing well over
one million head of cattle annually. Superior has
offices located in Brush, Colorado and Fort Worth,
TX, with its auction facilities and Superior
Productions' offices located in The Fort Worth
Stockyards National Historic District.
Click here to read more of this
story.
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BIO
Disappointed in APHIS Decision to Require Further
Analysis on Dicamba- and 2, 4-D-Resistant
Plants
The
U.S. Department of Agriculture's (USDA) Animal and
Plant Health Inspection Service (APHIS) announced
Friday that the Agency plans to prepare two
separate environmental impact statements (EIS) on
crops genetically engineered to be resistant to
the herbicides known as 2,4 dichlorophenoxyacetic
acid (2,4-D) and Dicamba.
APHIS will
publish Notices of Intent to prepare EIS's in an
upcoming Federal Register, and each notice will be
accompanied by a 60-day public comment
period.
Cathleen Enright,
Executive Vice President for Food and Agriculture
for the Biotechnology Industry organization (BIO)
issued the following statement in response:
"While the industry fully intends to
cooperate with APHIS during this process, we are
disappointed by the decision, and we believe that
this action by the Agency sets bad precedent for
future consideration of safe and beneficial
genetically engineered plant products."
Click here to read more about
BIO's reaction to this announcement.
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This
N That- Turf Touchdown for OSU, In the Field
note, Winfeld Meetings and Wheat Commission
Election
When
the NFL's Washington Redskins open their home
season this fall, they will do so on a new playing
surface sodded with an award-winning turf
bermudagrass created by researchers at Oklahoma
State University. The team announced in April it
will install OSU's Latitude 36 at
FedEx Field in June.
"The
NFL is the ultimate for any football player so we
are delighted that a bermudagrass created by OSU
experts has reached this pinnacle of success,"
said OSU President Burns Hargis.
"The NFL also is the ultimate test of a turf's
durability and we're confident the Washington
Redskins will be pleased with the performance of
Latitude 36." FedEx Field becomes the first NFL
field to showcase Latitude 36. The Super Bowl
champion Baltimore Ravens also have installed the
new variety on two practice fields, and the
University of Virginia and Bradley University home
football fields are sodded with Latitude 36 as
well. The grass is ideal for use in parts of the
eastern, western and southern United States for
sports fields, golf course fairways/tee boxes,
commercial grounds and residential lawns, in part,
because of its excellent tolerance for traffic and
recuperation rate once it is damaged. It has
improved cold hardiness and excellent color,
texture, density and uniformity
Click here for more on this
latest OSU product heading to the NFL.
**********
A
quick "In the Field" note- our guest this past
Saturday was Mark Hodges of
Plains Grains as we discussed the Hard Red Winter
wheat crop for 2013- the video of our conversation
is now up on our Oklahoma Farm Report App, as well
as on YouTube and we have embeded the YouTube
version on our website- click here to take a look.
**********
Winfield
will host three informational meetings across
western Oklahoma reviewing extensive data on plant
nutrition, familiarizing producers with high
quality micro-nutrients and presenting
cutting-edge seed treatment technology. The
featured speaker will be Dr. Tim
Eyrich, Manger Product Development Plant
Nutrition and Yield Enhancement Products for
Winfield Solutions.
The
meetings are planned for tomorrow and Wednesday-
in Enid tomorrow and Walters and
Clinton on Wednesday. Click here for further details
and contact numbers to let them know you
plan to attend- two of the meetings are
evening meetings and will include dinner-
while the midday meeting in Walters will include
lunch.
**********
Finally-
the Oklahoma Wheat Commission has
their regular monthly meeting planned for
Kingfisher this coming Wednesday- start time for
the meeting is 9 AM. Then that same
afternoon- The Oklahoma Wheat Commission will hold
an election to fill the District III opening. The
election will be held Wednesday, May 15, 2013,
commencing at 2 p.m. at the Kingfisher County
Fairgrounds, Exhibit Building; Kingfisher,
Oklahoma. District III consists of Beckham,
Blaine, Canadian, Custer, Dewey, Kingfisher, Roger
Mills and Washita counties.
Click here for more details about
the meeting- and how the election process works.
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We
also invite you to check out our website at the
link below to check out an archive of these daily
emails, audio reports and top farm news story
links from around the globe.
Click here to check out
WWW.OklahomaFarmReport.Com
God Bless!
You can reach us at the following:
phone: 405-473-6144
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