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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 $10.95 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
Thursday July 25,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Chairman Frank Lucas on a
House Nutrition Deal- "Right Now, That Equation is
Not There."
"Right
now, that equation is not there." Those are the
words of the Chairman of the House Ag Committee,
Congressman Frank Lucas of
Oklahoma, with his explanation of where the House
is on pulling together a deal on the left behind
Nutrition title from the 2013 Farm
Bill. Lucas told us in a
Wednesday conversation that he will continue to
work on finding 218 votes that will pledge to
support a Nutrition title into next week, before
turning his attention to working directly with the
Senate Ag Committee leadership in attempting to
crafting a Conference Report that can pass both
the US House and the US Senate.
Lucas
admits without specific language from the House on
Nutrition that it will be difficult to push a
winning deal across the finish line- but adds he
is totally committed to getting a deal finished
with Senator Debbie Stabenow- and
that he is hopeful that those pushed for a thin
slice of one policy or another within the farm
bill- but then did not support the overriding bill
have learned their lesson and will stand with him
and other Conference Committee members in
promoting passage of the final product.
We
also talked about the negotiations over the
Commodity Title as well as his reasoning on why
Permanent Law needs to be changed. You can
hear our full conversation with Chairman Lucas 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 proud to work with CROPLAN,
the seed division of WinField, in providing
information to wheat producers in the southern
plains about the rapidly expanding winter canola
production opportunities in Oklahoma. WinField and
CROPLAN have three winter canola choices for
producers to plant this fall- book your seed now
as preferred varieties may soon sell out. Click here for more information on
CROPLAN® seed.
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OKC
West Stockyards Reopens After May 31 Tornado
Destruction
Just
53 days ago, OKC West was destroyed by the EF5
tornado that tore through El Reno. Today the
facility reopened and got back to selling cattle.
The new permanent sale barn that housed
today's sale is the same blueprint as before but
had to be completely rebuilt. Aside from one shed,
all of the buildings were destroyed in the storm.
A majority of the pens were in good shape while
the rest needed repair. Only about 160 cattle were
on the property when the tornado moved through.
While the storm left the stockyards unable
to conduct business, OKC West Manager Bill
Barnhart knew his customers still needed
to sell their cattle. One of his first calls after
the storm was to his good friend Jerry
Nine. Nine is Manager of the Woodward
Livestock Auction in Woodward.
Barnhart
and Nine worked out a deal for cattle bound for
OKC West to be redirected to the Woodward
Livestock Auction until repairs were made.
"I told Jerry I'd send him my crew and to be sure
to take care of my customers," said
Barnhart. Knowing the challenge his friend
was facing, Nine not only took care of Barnhart's
customers but also returned the commission from
the sale of OKC West cattle.
USDA
reports that 6,121 cattle were sold at OKC West
yesterday- click here for the auction report
and read more about how Jerry Nine and his
Woodward Livestock Market helped OKC West and
their customers over the past couple of months by
clicking here.
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Beef
Variety Meats- Worth Their Weight in Gold Overseas
(Almost)
By
any name, variety meat is gold to the U.S. beef
industry. Total U.S. beef exports in 2012 set a
new record at $5.51 billion. Beef offal
represented 12.8 percent ($703.1 million) of that.
It also accounted for 28.4 percent of the total
volume of beef exports (321,772 metric tons or
709.4 million pounds). And virtually 100 percent
of the U.S. livestock herd is represented in
variety meat exports - some part of every animal
is sold to international
customers.
"Demand for both large and
small intestines would tank without the
international market," said Jerry
Wiggs, export salesman for Greater Omaha
Packing Company Inc. "We are selling large
intestines to South Korea or Koreans who recently
moved to the U.S. And just recently we resumed
selling small intestines to Mexico (where they had
been banned since BSE was found in the U.S. in
late 2003). Without those countries, the markets
for those products would basically
disappear."
The same can be said for
many beef variety meat items. More than 90 percent
of U.S.-produced beef tongues are exported,
primarily to customers in Northern Asia and
Mexico. Buyers in the Middle East, South America
and Russia (when the Russian market is open) buy
more than 9 out of 10 U.S. beef livers, hearts and
kidneys. And consumers in Mexico and Southeast
Asia consume more than 75 percent of U.S. beef
stomachs.
Click here to read more about the
value of the so called "Drop Credit" that includes
the variety meats found in a beef carcass- it
provides a very significant part of the value of
the beef carcass that translates into the price
received for that critter- and that value is
enhanced when we are able to sell these cuts
internationally.
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Poultry
Industry Leader Attacks RFS in Congressional
Hearing
National
Chicken Council (NCC) Senior Vice President and
Chief Economist Bill Roenigk told
the House Energy and Commerce Subcommittee on
Energy and Power today that the Renewable Fuel
Standard (RFS), at least for conventional
biofuels, is broken beyond repair, and that it is
imperative at this time for Congress to take a
critical, hard look at the RFS.
"I commend
the Energy and Commerce Committee for taking up
the important task of holding hearings on the RFS
and its impacts on the economy," said Roenigk. "As
Subcommittee Chairman Whitfield noted in the
announcement about today's hearing the 'RFS is a
broad and complex statute... now is the time to
take an in-depth look at the RFS and compare our
original expectation for the program with the
actual experience.'"
"Since
2007, all chicken producers, at times, have
struggled financially," Roenigk stated in his
testimony Wednesday. "Some have struggled longer
and more severely than others. The business
disruptions directly impact the over 25,000 family
farmers who grow the chickens, and the more than
300,000 employees directly working for the chicken
companies. Since October 2006 through this month,
July 2013, poultry and egg producers have had to
bear the burden of higher feed costs totaling over
$50 billion."
Click here to read more- we have
links to a "White Paper" that the National Chicken
Council has produced on the subject as well as the
testimony of Roenigk as presented on
Wednesday. |
In
Support of Ethanol- Corn Grower President Pam
Johnson Testifies on Capitol Hill
On
Wednesday, National Corn Growers Association
President Pam Johnson spoke on
the impacts of the Renewable Fuel Standard on the
agricultural sector before the House Subcommittee
on Energy and Power. Other witness panels
focused on fuel production and fuel sale and use.
"The
Renewable Fuel Standard is doing exactly what it
was intended to do," Johnson said during her
testimony. "It has positively impacted the
agriculture sector by creating jobs and promoting
rural development, reducing greenhouse gases and
allowing our nation to grow our energy at
home."
Johnson
stated the ethanol industry has created
opportunity in rural America allowing her two sons
and a growing number of young farmers to be able
to return to the farm after college. She
also pointed to benefits to rural communities
because of the RFS. Her community in rural
Iowa has been able to build a new fire station,
remodel the hospital and hire additional teachers
because of the economic activity created by the
local ethanol industry.
Members
on the committee have stated they are using this
hearing to determine whether to reform, or even
repeal, the RFS. NCGA continues to stress
the importance of farmers meeting with their
representatives during the August recess and
telling personal stories on the benefits of the
RFS.
Click here for Johnson's full
testimony presented on
Wednesday.
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U.S.
Senators Propose Measure to Stop EPA from
Disclosing Livestock Producers' Personal
Information (NCBA Says Hooray!)
Iowa
Senator Chuck Grassley and
Indiana Senator Joe Donnelly have
introduced legislation to protect livestock and
poultry farmers from having personal information
released by the Environmental Protection Agency.
The bill stems from the release of the personal
information of more than 80-thousand livestock and
poultry owners from across the country to three
activist groups. Grassley's office notes the EPA
disclosed information on people in Iowa owning as
few as one pig and an individual who owned 12
horses.
The
Farmer Identity Protection Act (S. 1343) comes in
response to the EPA's release of livestock and
poultry producers' names and other personal
information to three radical environmental groups
through a Freedom of Information Act (FOIA)
request in February and again in April. The
release divulged names, addresses, geographic
coordinates and in some cases telephone numbers
and email addresses of over 80,000 producers in 29
states.
One
group has offered a quick reaction to the move by
the two lawmakers. The National Cattlemen's Beef
Association offered their gratitude to the
Senators for their efforts:
"Livestock
producers are grateful to Sens. Grassley and
Donnelly for introducing this legislation,"
according to National Cattlemen's Beef
Association's Past President and Pilger, Neb.,
cattle feeder J.D. Alexander.
"Unlike other businesses, cattlemen and women
live, work and raise their families on their
operations. We have a reasonable expectation of
privacy on our private property and there is no
conceivable reason for the EPA to release this
type of information."
Click here to read more about
this measure as well as the full statement
released by the NCBA.
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This
N That- OCA Getting Underway, Superior Video
Royale and More Rain (This is July???)
The
61st Annual Convention and Trade Show of the
Oklahoma Cattlemen's Association
kicks off this afternoon and evening at the Reed
Center in Midwest City- this annual gathering of
the state's cattle industry runs today through
midday Saturday.
Featured
events include the opening reception in the Trade
Show this evening, the opening General Session
featuring keynoter Forrest
Roberts of the NCBA, the OSU-OCA
Cattlemen's College on Friday afternoon and the
annual Market Outlook held on Saturday morning-
this year featuring Dr. Derrell
Peel of OSU.
Click here for more details- and
we look forward to seeing you at this year's
OCA/OCW/OJCA meeting!
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Superior
Livestock has a week long sales event
called their Video Royale planned starting this
coming Monday, July 29th. The folks at
Superior tell us they ended up with 159,000 head
for "Video Royale XXI" and it will be four days
(Monday and Wednesday, Thursday and Friday).
Monday's auction will be broadcast from Superior's
office and studio in Fort Worth, Texas. They will
not have an auction on Tuesday (allowing the crew
to travel to Winnemucca). The auction on
Wednesday, Thursday and Friday will be broadcast
from the Winnemucca Convention Center in
Winnemucca, Nevada.
For
more information about this outstanding group of
cattle that will be available for sale on RFD-TV
and also on the Superior to Bid website, click here. You can also
call the Superior offices in Ft. Worth at
1-800-422-2117.
**********
As
we wrap up this morning's email- we are watching
the radar on our News9 Weather App- and it's great
to see more rain in the western counties of our
state- rain falling west of Elk City and on down
towards Altus as we write. Click here for the current radar
available on the News9 website- and click here for the impressive
rainfall amounts- especially in eastern Oklahoma-
that we have had since Sunday night.
Ahead-
excellent chances of rain in northwestern and
north central Oklahoma seem to be on tap this
evening into Friday morning- this an area that can
really use the moisture- we'll be watching and
updating you as these rains help us put a further
dent in the drought across the state.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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