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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
$11.39 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 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
Friday, June 28,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Reaction
to Senate Passage of Immigration Reform Split
Among Ag Groups,
Lawmakers
Reaction
to the Senate's 68-32 passage of the comprehensive
immigration bill Thursday provoked mixed reactions
among agriculture groups and legislators.
Bob
Stallman, president of the American Farm
Bureau Federation supported the Senate's passage
of the measure: "The Senate's passage today
of a balanced immigration reform bill that
includes a fair and workable farm labor provision
is welcomed by America's farmers and ranchers. A
comprehensive agricultural labor plan that works
for all sectors of agriculture and across all
regions of our nation is long overdue. We commend
the Senate for addressing this very important
issue, which will help ensure the continued
success of agriculture in our nation." (Click here for more from Bob
Stallman.)
National
Cattlemen's Beef Association President
Scott George also hailed the
vote: "Border security and immigration
have been one of our top priorities as set by our
members in 2013. I am pleased to see that the
Senate has continued the conversation on this
important issue that affects all Americans, but
especially rural Americans and our members who
live and ranch along our borders. This action by
the Senate is a step in the right direction and we
look forward to engaging with members of the House
in ensuring the priorities of cattlemen and women
are met in final legislation." (You can read
more from Scott George by clicking here.)
Oklahoma
Senator Tom Coburn, however,
slammed his colleagues who voted for the bill.
He said, "This bill is a historic
missed opportunity for the United States Senate.
It is a $48 billion border stimulus package that
grants amnesty to politicians who want to say they
are securing the border when in fact they are not.
I very much wanted to support an immigration
reform proposal that balances our fundamental
American values of legal immigration and the rule
of law. Sadly, this bill fails that test.
(You'll find more of Coburn's comments by clicking here.)
Oklahoma's
Senior Senator Jim Inhofe was also unhappy with
the final vote that sends the measure from the
Senate to the House. "
"I am disappointed with today's Senate
passage of the Immigration bill which gives
amnesty to illegal immigrants, and does so before
meaningful border security is achieved." You
can read his full statement in a release found on
his official Senate website- click here to read more.
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Sponsor
Spotlight
It
is great to have as a regular sponsor on our daily
email Johnston
Enterprises- proud to be serving
agriculture across Oklahoma and around the world
since 1893. Service was the foundation upon which
W. B. Johnston established the company. And
through five generations of the Johnston family,
that enduring service has maintained the growth
and stability of Oklahoma's largest and oldest
independent grain and seed dealer. Click here for their
website, where you can learn more about
their seed and grain
businesses.
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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Kim
Anderson Says 2013 a 'Jekyll and Hyde' Year for
Oklahoma Wheat
Crop
In
his preview to this week's SUNUP program, OSU
Extension Small Grains Marketing Specialist
Kim Anderson says the 2013 wheat
crop will go down in the record books as a year of
two different wheat crops.
"In the western
part of the state, the Panhandle and southwestern
and southern parts of the state, you've got a very
poor crop. A lot of acres had zero bushels; they
were abandoned, then five to ten bushels per acre,
a lot of 15 to 20 bushels per acre. That's good in
some of those areas.
"But you get up into
central Oklahoma, up in the northern parts of
Oklahoma, you've got 30, 40, 50 and some 60-or
higher-bushels per acre. Some
farmers are getting record crops or record yields.
So you've got the Jekyll and Hyde this
year."
Anderson said we won't know the
final tally on statewide production for another
month.
Click here to see the full lineup
for this week's SUNUP show and to hear more from
Kim Anderson.
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Chairwoman
Stabenow Applauds CFTC for Pursuing Accountability
in MF Global Collapse
Senator
Debbie Stabenow, Chairwoman of
the U.S. Senate Committee on Agriculture,
Nutrition and Forestry, today applauded the
Commodity Futures Trading Commission for its
continued efforts to demand accountability in the
wake of the bankruptcy of MF Global. Stabenow's
statement comes as the CFTC filed civil charges
against former MF Global Executives in federal
court today. The company's bankruptcy was the
eighth largest in history and nearly $1.2 billion
in segregated customer funds went missing from the
firm. The Senate Agriculture Committee has held
several hearings on the MF Global bankruptcy.
"This is an important step forward and I
appreciate that the CFTC continues to pursue this
matter and fight for customers and market
integrity," Stabenow said. "As I have said
before, there must be accountability in this case
and we need to do all we can to help MF Global
customers get their money back. The loss of $1.2
billion in customer funds represents an
extraordinary breach of trust and devastated
thousands of farmers, ranchers and small
businesses who rely on the futures market to hedge
business risk. The Senate Agriculture Committee
will continue throughout the upcoming CFTC
reauthorization process to consider additional
protections to ensure that customer money is not
used improperly and to prevent situations like the
MF Global bankruptcy from happening
again."
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Livestock
Groups Urge Repeal of
RFS
The Renewable Fuels Standard Repeal Act
has been introduced in the Senate. The National
Cattlemen's Beef Association, National Chicken
Council and National Turkey Federation are urging
Congress to repeal the RFS. NTF President
Joel Brandenberger says the RFS
has been a poorly managed mess and needs a fresh
start in order to put a smarter policy on the mix
of fuel and feed in place. A joint release issued
by the three groups points out that the RFS
required 13.2-billion gallons of corn-based
ethanol be blended into gasoline last year and
mandates 13.9-billion gallons be blended in 2013.
They say that will use about 4.9-billion bushels
of corn - or about 40-percent of the nation's
crop. National Chicken Council President
Mike Brown says chicken producers
are already competing with the weather and asks
why they must also compete with an inflexible
federal mandate that voluntarily places another
strain on limited resources. He says the approach
taken by Senators John Barrasso
of Wyoming, Mark Pryor of
Arkansas and Pat Toomey of
Pennsylvania would let the free market decide
whether corn should go to food or to
fuel. Last fall - for
the second time since 2008 - livestock and poultry
groups asked the administration to waive the RFS.
Despite the widespread drought and reduced harvest
- the EPA did not use the safety valve built into
the biofuels mandate. When EPA is unable to
provide a temporary waiver of the RFS during the
worst drought in 50 years - NCBA Policy Vice Chair
Craig Uden says it's apparent the
RFS is broken. He says NCBA appreciates the
efforts of Senators Barrasso, Pryor and Toomey to
fix this flawed program.
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Farm
Bill 2013 Tidbits: Groups Urge House to Move
Forward On Farm Bill, Whatever it
Takes
Two
groups called on Congress to get creative-if
necessary-to move the farm bill forward after the
measure failed to gain sufficient votes for
passage in the House of Representatives last
week.
"There
are a number of options on the table for moving
forward with a Farm Bill, and failure simply
cannot be one of them," said Earl
Garber, president of the National
Association of Conservation Districts. "Now
that the dust has settled, it's time for Congress
to regroup and get this bill done. There is still
time before the September 30 deadline, and we are
confident that Congress can and will do the right
thing..." (Click here for more from Earl
Garber.)
Michael
A. Needham, CEO of Heritage Action said
there are reports the Republican-controlled House
is considering separating food stamps from farm
programs if it will help get a farm bill passed.
"We are encouraged to hear reports that
House Republican leaders are actively considering
the separation of the so-called farm bill. This is
an important first step to restoring fiscal sanity
and transparency to this debate, but it is only a
step. The reason to end this unholy alliance is to
have an open, transparent debate on real reforms."
(You can read more from Michael Needham by
clicking here.)
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Pork
Producers Praise Christie For Supporting
Farmers
America's
hog farmers and the National Pork Producers
Council thanked New Jersey Gov. Chris Christie for
vetoing legislation that would have banned the use
of individual maternity pens for pregnant sows.
The legislation was pushed by animal-rights groups
despite the fact that few of New Jersey's small
number of hog farmers use such housing.
"This is a great example of a governor
standing up to powerful lobbying groups on behalf
of small, independent farmers," said NPPC
President-elect Dr. Howard Hill,
a pork producer from Cambridge, Iowa. "America's
family hog farmers thank Gov. Christie for
rejecting this bad legislation."
The
legislation was championed by the Humane Society
of the United States (HSUS) and other radical
animal-rights activists even though it would have
prevented farmers from caring for their animals in
a way approved by the American Veterinary Medical
Association and the American Association of Swine
Veterinarians. Those organizations long have
recognize individual maternity pens as appropriate
for providing for the well-being of sows during
pregnancy.
Click here to read more of this
story.
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Plains
Grains Calls Oklahoma Wheat Harvest 80% Done
According
to Mark Hodges of Plains Grains-
it has been a high speed harvest over the last
week. The weekly harvest report was released
last night:
"The
2013 HRW wheat harvest hit high gear in the
southern and south central states this week as
temperatures reached triple digits and fields
dried down. The Texas harvest is now winding down
in all areas other than far northwest Texas
(Panhandle) and is estimated to be 70% complete
state-wide. Oklahoma also made a big leap in
harvested area this week with now 80% of the
state's wheat crop cut. Many areas of north
central Oklahoma have been reporting good yields
(40 - 60) bushel per acre, good test weight (above
60 lb/bu) and protein averaging in the upper 11's.
"Combines
are rolling from the Oklahoma border to the
Nebraska border in Kansas and as far west as
Colorado. Kansas is currently reportedly 25%
complete with harvest, but moving very rapidly.
Early reports in Kansas have been much like states
further south where drought and freeze were
factors and that has influenced yields, kernel
characteristics and protein. Areas in the western
1/3 of Kansas have reported very erratic yields,
small kernels, but very good protein. The central
area of Kansas has been reporting very good yields
(>50 bushels per acre) with good kernel
characteristics, but proteins of 11 and below in
some areas.
Colorado
and Nebraska are just getting underway with
harvest with no data currently available. The
overall protein average of the first 80 samples of
and expected 500 is 12.9% (all 80 samples are from
central/north central Texas and Oklahoma). The
Thousand Kernel Weights (TKW) data is from the
first 61 of the 80 samples currently being tested
and is reflective of the adverse conditions under
which the crop developed in Texas and Oklahoma
(extreme drought and multiple freeze events during
later stages of development), TKW's are expected
to increase as harvest moves northward where there
were many areas not subject to such condition
during crop development.
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phone: 405-473-6144
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