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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!
Our Market Links are Presented by Oklahoma Farm Bureau
Insurance
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 $12.29 per bushel- based on
delivery to the Northern AG elevator in Yukon Thursday.
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 Jim Apel 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, June 10,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Canadian
Government Prepares Retaliatory Strike Against
U.S. Over MCOOL
Canada
released a list of U.S. products that will be
subject to retaliatory tariffs if the U.S. does
not modify its mandatory country of origin
labelling requirements.
In a news
conference in Vancouver Friday, Canadian
agriculture minister Gerry Ritz said the release
of a comprehensive list is intended as a
pressure tactic to encourage changes to mandatory
COOL legislation that has cost the Canadian beef
and pork industries an estimated $1 billion per
year since it was implemented in late
2008.
The list must be presented to the
World Trade Organization for approval before
retaliatory tariffs can be implemented. The
process is expected to take 12 to 18
months.
Ed
Fast, Minister of International Trade and Minister
for the Asia-Pacific Gateway, and Gerry Ritz,
Minister of Agriculture and Agri-Food and Minister
for the Canadian Wheat Board, issued the following
statement on U.S. Country of Origin Labelling
(COOL):
"Despite consistent rulings by the
World Trade Organization, the U.S. government
continues its unfair trade practices, which are
severely damaging to Canadian industry and
jobs.
"We are preparing to launch the next
phase of the WTO dispute settlement process on the
new U.S. rule, which we had hoped to avoid by the
United States living up to its trade
obligations.
"When the United States failed
to comply by the May 23 deadline, we said we would
pursue all options available. Today, we are also
releasing a list of U.S. commodities for possible
retaliation, to be published as soon as possible
in the Canada Gazette, as a way to formally launch
the consultation process. (Click here to read more of their
statement and the full list of products facing
retaliatory tariffs.)
In
response to Canada's actions, National Cattlemen's
Beef Association (NCBA) President and Cody, Wyo.
cattle and dairy producer, Scott George
said, "Cattlemen and women have long
known MCOOL not only violates our international
trade obligations, but also that it provides no
value to the consumer. It is a failed experiment
in boosting beef demand and a tremendously
successful experiment in creating a trade
barrier.
"This
list of products brings home the real-world
consequences of the USDA's adherence to MCOOL. Our
members have warned both the USDA and members of
Congress that should this program continue, there
will be a true cost to not only cattle and pork
producers but to many other segments of the U.S.
economy as well. This is too high a price to pay
for a program that has proven it has no
value." (You can read more from Scott George
by clicking here.)
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Sponsor
Spotlight
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.
Oklahoma
Farm Report is happy to have
WinField as a sponsor of the
daily email. We are looking forward to CROPLAN,
the seed division of WinField, providing
information to wheat producers in the southern
plains about the rapidly expanding winter canola
production opportunities in Oklahoma. WinField has
two Answer Plot locations in Oklahoma featuring
both wheat and canola - one in Apache and the
other in Kingfisher. Click here for more information on
CROPLAN® seed.
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Field
of TEAMS Swarm Wheat Fields to Clear Out Debris in
Advance of Harvest
Field
of TEAMS is a volunteer "farmer organized" effort
to clean up the ripe and ready winter wheat fields
in southern and eastern Canadian County that saw
debris drop in, courtesy of the EF5 tornado that
ripped through that county in central Oklahoma on
May 31st.
The
effort is being coordinated by a pair of farm
wives- Levi Clifton and
Jennifer Freeman. Clifton
told us that while her farmstead was missed-
she lives in Cogar and was several miles west of
the wide swath of land that the tornado hit- she
could quickly see the devastation the next morning
as she drove in and around Union City. She
approached a couple of the farmers with impacted
fields- and they really had not thought about how
they were going to clean up the amount of debris
on so many acres dead ahead of the 2013
harvest.
She
estimates that there are more than 10,000 acres of
wheat land that may at least some debris that
could puncture a combine or tractor tire- or
worse- get into a combine and cause massive damage
to a $400,000 machine.
Realizing
the urgency, Clifton said that was the start of
Field of TEAMS. They have recruited volunteers
intially on FACEBOOK and have now picked up the
support of the American Farmers and Ranchers-
Oklahoma Farmers Union who will be coordinating a
day of picking up debris on Tuesday, June 11- this
is cooperation with the El Reno FFA. Any and all
volunteers are welcome to show up Tuesday morning
at 8:30 AM at the Heaston Community Church south
of El Reno to pick up debris. Click here for the brochure for
details on Tuesday's planned efforts.
To
hook up with Levi Clifton and set a time when you
could bring a few folks or a lot- call her
at 405-301-1626. She has several
farmers who really could use your help- and the
clock is ticking as the race is on to get the
debris out before the combines show up.
Click here for our story with
Levi- you can hear our interview with her
there and also get the link to the set of pictures
we have on FLICKR from Saturday.
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Oklahoma
Flood Control Dams Save Millions of Dollars During
Recent Rains
The
heavy rains that hit our state over the period of
May 29 to June 2 have once again shown the
importance of Oklahoma's 2100 plus upstream flood
control dams, said Kim Farber,
president of the Oklahoma Association of
Conservation Districts. Without this flood control
protection system, Farber said nearly $12 million
in additional flood damage would have taken place
in our state.
"These huge rain events again
show the benefit our state receives every year
from our flood control structures," Farber said.
"Oklahoma has more flood control dams built under
the USDA watershed program than any other state in
the union, dams that according to economists at
the Natural Resources Conservation Service
provided an additional $11.79 million in savings
during these last storm events. Once again our
flood control system has proven its
worth."
Designed to stop the dangerous
flash floods, Farber said that these dams, in both
rural and urban settings, have for over 50 years
protected Oklahomans from the ravages of out of
control water, saving countless lives and billions
of dollars.
Click here to read more.
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Kansas
City Fed Examines Financing Challenges of Young
and Beginning Farmers
Young
and beginning farmers represent the next
generation of farm operators, but entering the
profession can be challenging. In the latest issue
of the Main Street Economist, Nathan Kauffman,
economist, explores the obstacles young and
beginning farmers face in securing financing for
capital-intensive operations. In addition to lower
levels of equity and higher debt ratios, surging
farmland prices compound the difficulties young
and beginning farmers must overcome.
Recent trends point to a decline in the
share of young farmers who are full owners of the
land they operate. Record farmland prices, rising
production costs, and agricultural consolidation
have contributed to the decrease in farm
ownership. Moreover, young and beginning farmers
present greater risk, causing banks to require
additional collateral for farmland purchases. As a
result, a growing number of young and beginning
farmers are choosing to rent land before taking on
the fixed costs associated with land purchases.
Current federal and state policies support
the owner-operator model of U.S. farm enterprises.
However, the future of farming could transition
more toward a renter-operator model - especially
if market forces continue to drive up the fixed
costs of production.
Click here for a link to the full
article from the Kansas City Fed.
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Largest
Endowment in FFA History to Impact
Thousands
A
new endowment that has been established with the
National FFA Foundation will allow thousands of
future FFA members to attend the organization's
largest leadership development conference - free
of charge.
Once active, the Glenn and
Maggie Stith Leadership Development Fund Endowment
could provide about $1,500 each for 110 eligible
FFA members from throughout the country to attend
the annual Washington Leadership Conference each
year. The scholarship will be awarded to the
National FFA Organization to cover the cost of
each recipient to attend the conference and
provide a stipend to cover travel, meals, lodging
and other conference-related
expenses.
Glenn Stith of
Ankeny, Iowa, who grew up on a family farm in
Kentucky and was an FFA member in high school, was
vice president of U.S. Branded Business for Seeds,
Biotech Traits and Chemistry and Global Lead of
Seminis Vegetable Seeds at Monsanto for 35 years.
After retiring in 2010, he was named senior
associate at Context Network, a business
management and strategy consulting firm providing
services to global agriculture, biotechnology and
food companies.
You
can read more by clicking
here.
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World
Bank Study Identifies Crude Oil as Biggest
Influencer of World Food
Prices
According
to a recent study by the World Bank, crude oil
prices bear the lion's share of responsibility for
most of past decade's jump in food prices. Oil
prices, not stocks to-use, exchange rates,
interest rates or income, were the most important
driver of food prices since 2004-a time period
where dramatic and devastating spikes in global
food prices occurred, and one that also coincides
with record profits for the oil industry.
Following the release of this new study,
Growth Energy CEO Tom Buis said: "Not only has the
oil industry been responsible for the
sky-rocketing gas prices each time you fill up
your car, now it turns out they are responsible
for the price increases you face at the grocery
store. While they enjoy record profits,
populations around the world suffer at their
expense and struggle to pay for the basic staples
of life."
Click here for more and a link to
the full World Bank
study.
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Proper
Attire Key Part of Safe Pesticide
Application
Some
people stand in front of a closet for what seems
like hours deciding what to wear; practicing that
same diligence could prevent potential health
problems when preparing to apply pesticides to a
home garden or agricultural crops.
Charles Luper,
Cooperative Extension associate with the Oklahoma
State University Pesticide Safety Education
Program, said proper choice of clothing often is
overlooked as a simple preventative measure
against unwanted pesticide exposure.
"People sometimes get in a hurry," he
said. "Most know better but often fail to listen
to that little voice inside warning them of
potential danger. These folks need to realize they
have no idea how much of the chemical may be
absorbed through their skin over time."
You
can read more of this article on our website.
Click here to go
there.
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Farm
Bill Vote to Happen at 4:30 Central in US
Senate
The
Senate is expected to vote and approve its
five-year farm bill- Senate Bill 954- at
approximately 4:30 PM central time Monday
afternoon after dispensing with a
non-controversial amendment.
The
legislation is likely to be approved with a solid
bipartisan vote. On Friday, the cloture vote to
end the debate on the Farm Bill and proceed
towards a final vote on the Senate floor was
easily approved, 75 to 22.
Before
final passage, the Senate will vote on the
amendment, offered by Sen. Patrick Leahy, D-Vt.,
which would create a pilot program within the
existing Rural Utilities Service (RUS) broadband
program to test investments in ultra-high speed
gigabit projects in rural areas. The pilot program
would allow RUS to invest in up to five gigabit
projects in rural areas.
All
of the other amendments that had been proposed by
several Senators, including Oklahoma Senator Tom
Coburn, will be left at the altar.
Click here for more on the
expected final passage- including the audio
analysis of these latest farm bill developments
with Mary Kay Thatcher of the
American Farm Bureau.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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