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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
$10.47 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.
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
Wednesday, July 24,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Crop
Insurance Costs Americans Two Cents Per Meal,
According to CBO Data
Americans
will spend two cents per meal on crop insurance -
the risk management tool most used by farmers to
protect themselves from the whims of Mother Nature
- through FY 2023, according to CBO's latest
10-year budget projections. That figure is up from
one cent per meal, which was the average cost for
the period of FY 2000 to 2011.
Those
estimates might come as a surprise to many
Americans, who are watching ongoing Congressional
action surrounding the five-year, $100 billion per
year Farm Bill. But most of that money actually
goes towards spending on domestic food programs,
with roughly 15 percent directed to farm programs
and crop insurance.
The cost per meal
figure is derived from CBO's projected crop
insurance program outlays, the Census Bureau's
projections of total U.S. population, the
Department of Commerce's data on consumption
spending on food, and the assumption that
consumers eat three meals a day.
Total
government spending on crop insurance is projected
at roughly $8.5 billion per year, with farmers
paying $4 billion out of their own pockets to
purchase their policies. With the elimination of
direct payments in the Farm Bill currently being
discussed, crop insurance will be the primary risk
management tool available to many farmers, and the
only risk management tool available to some
farmers, like specialty crop growers.
You
can read more of this article by clicking here.
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Sponsor
Spotlight
We
are very proud to have P & K
Equipment as one of the regular sponsors
of our daily email update. P & K is Oklahoma's
largest John Deere dealer with ten locations to
serve you. In addition to the Oklahoma
stores, P&K proudly operates nine stores in
Iowa. A total of nineteen locations means
additional resources and inventory, and better
service for you, the customers! Click here to visit the P&K
website, to find the location nearest you, and
to check out the many products they offer the farm
and ranch community.
We
are also pleased to have American
Farmers & Ranchers Mutual Insurance
Company as a regular sponsor of our
daily update. On both the state and national
levels, full-time staff members serve as a
"watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click here to go to their AFR
website to learn more about their
efforts to serve rural
America!
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Noble
Academy Gears Up to Educate Educators to Bring
Agricultural Science Into the
Classroom
With
students and teachers heading back to the
classroom in just a few weeks, Dr. Frank
Hardin is gearing up as well. Hardin is
the educational outreach manager at the Samuel
Roberts Noble Foundation in Ardmore. It is his
mission and his passion to bring agricultural
science education to as many students as possible.
One of the ways he is doing that is through a
concept called the Noble Academy.
Hardin
was a featured speaker at the Vision 2020
Conference for Oklahoma educators earlier this
month. Afterward, he talked about his work with
me.
Hardin said the idea for the
Noble Academy started with simple observations on
the Noble Foundation campus in Ardmore.
"It
began because we host tours at the Noble
Foundation, for adults and for youth. And the past
several years, as we've brought more and more
youth on the campus, we began to realize there is
a huge disconnect between today's youth and
agriculture. So much so that we hear things like,
'I would never eat beef from a cow, I'd only eat
beef from Walmart.' And, 'Do strawberries really
come from plants?'
"So, we realize this
disconnect and we also realize that today's youth
are future leaders and policymakers and educators.
And if this disconnect continues, agriculture
could suffer some severe consequences in the
future later on down the road. So, the Noble
Academy began to take science and ag programs into
the classroom.
Click here to hear our full
conversation or to read more.
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When
it Comes to Beef Quality, Management Reflects
Marketing
Outcomes
Most
cattlemen mark improvement in their herd on
performance records or sales, but it is also
important to mark improvements in management.
Kansas State's Dr. Dan Thompson
says today's Beef Quality Assurance Program helps
document how they're doing.
"The beef
industry, through practice, through Beef Quality
Assurance, is continuing to improve the quality of
production, improve the profitability, improve the
efficiency as we move forward.
"I think
it's really important for producers to
continuously create the culture of improvement
whether it's on the farm, at your home, whatever.
We always want to continually to look for a way to
do things a little bit better."
You can
read more or watch the video version of this story
by clicking here.
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Growth
Energy's Tom Buis Testifies in RFS
Hearing
Growth
Energy CEO Tom Buis testified on
Tuesday before the Energy and Power Subcommittee
of the House Committee on Energy and Commerce as a
part of the second panel of a two-day hearing
entitled, "Overview of the Renewable Fuel
Standard: Stakeholder Perspectives."
In
the testimony, Buis outlines his support for the
RFS and the renewable fuel industry, calling it a
resounding success that has created American jobs,
revitalized rural America and injected much-needed
competition into a monopolized liquid fuels
market. The industry, thanks to the RFS, has
lowered prices at the pump, improved the
environment and made our nation more energy
independent.
The testimony urges the
committee to stay true to the RFS, a policy that
is working and already showing results-America is
on the brink of energy independence and energy
diversity. Now is not the time to disrupt this
success and interfere with the progress of the
American biofuels industry.
Click here for our story that
includes Tom Buis's full testimony. We
also have the video of Buis appearing before the
Committee as well at this link.
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Congressman
Lucas Announces Upcoming Town Hall
Meetings
Congressman
Frank Lucas announces upcoming town hall meetings
to be held in Beaver, Cimarron, Ellis, Harper,
Texas and Woodward counties August 7 & 8. All
residents of these locations are invited to attend
a meeting and express their opinions. Congressman
Lucas will be discussing current events in
Washington, taking questions about issues
important to constituents of the Third
Congressional District, and asking for opinions
and input on legislation currently before
Congress.
Lucas
will hold meetings in Woodward, Beaver, Guymon,
Laverne, Boise City, and Shattuck.
Click here for the complete
schedule.
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Glenn
Selk Takes the Mystery Out of Mineral
Supplementation
Glenn
Selk, Oklahoma State University Emeritus
Extension Animal Scientist, writes in the latest
Cow-Calf Newsletter:
Without a doubt,
one of the most confusing aspects of beef cow
management has got to be vitamin and mineral
nutrition. Proper mineral and vitamin nutrition
contributes to strong immune systems, reproductive
performance, and calf weight gain. A properly
balanced mineral program requires consideration of
previous cow and calf mineral nutrition, hay or
pasture forage intake and mineral concentration,
and feed or mineral supplement intake and mineral
concentration. Diets with mineral imbalances may
cause poor animal performance, resulting in
reduced profitability.
Mineral nutrition
is generally divided into two main categories:
macro minerals and micro minerals. Macro minerals
include: calcium, phosphorus, potassium,
magnesium, and sulfur, in addition to sodium (in
salt). Micro minerals of concern are: copper,
cobalt, iodine, iron, manganese, selenium, and
zinc.
You
can read all of Glenn Selk's recommendations by clicking here.
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This
N That, Rainfall and Storms, Big Iron and OCA
Offers CEU Credits
Strong
winds and lots of rain tore across eastern
Oklahoma overnight- with lots of trees down and
power knocked out for thousands of Oklahoma
families.
Rainfall
totals are piling up this morning as this storm
system has now extended into central Oklahoma- we
have a snapshot of rainfall totals to look at on
our webstie- click here- as well as the link
to the Mesonet 24 hour rainfall map.
**********
Big
Iron has their regular Wednesday closing
of items for sale on the farm and industrial
equipment site- they have a total of 252 items for
sale this week that start closing at 10 AM central
time.
Click here for the Big Iron
website- there you can browse through the wide
variety of stuff that all is being sold in an
unreserved auction process- online.
**********
A
quick note that was passed along to us from the
great OCA team- the Cattlemen's
College being held on Friday afternoon at
the 61st Annual Convention of the Oklahoma
Cattlemen's Association in Midwest City will
provide three hours of CEUs for those that attend
and are looking for credits from the Oklahoma Veterinary Medical
Association.
Click here for full details about
the 2013 Convention- that starts Thursday and runs
through midday Saturday.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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