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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
$11.04 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 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
Tuesday, July 30,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Plant
Biotechnology Companies Begin New Conversation
about GMOs and How our Food is
Grown
The
agricultural biotechnology companies that develop
genetically modified seeds - or GMOs - are coming
together to launch a broad, new initiative to
provide accurate information and answer the
toughest questions about GMOs and how our food is
grown. GMO Answers is a new conversation, public
Q&A, and central online resource for
information on GMOs, their background, use in
agriculture, and research and data in one
easy-to-access public resource for the first
time.
"GMOs are a growing topic of
discussion today, with a wide range of questions
and emotions," Cathleen Enright,
Ph.D., spokesperson for GMO Answers, said. "Food
is personal, so we want to open the door for
personal discussions. We recognize we haven't done
the best job communicating about GMOs-what they
are, how they are developed, food safety
information-the science, data and processes. We
want people to join us and ask their tough
questions. Be skeptical. Evaluate the information
and decide for yourself. We look forward to an
open conversation."
As the public
discussion on GMOs continues, the scientists who
develop biotech seeds along with farmers who grow
them want to make information about GMOs easier to
find and understand.
"This type of open
conversation, connecting consumers to experts in
academia, government and the industry, is
absolutely necessary to advance food and
agriculture research to ensure that everyone has
access to the highest quality most sustainably
produced food. Having grown up on a small farm and
spent much of my life in academia I can relate to
the issues on several levels. I've offered to
address questions submitted to GMO Answers openly,
based on my personal insights, experience and
research," Professor Martina
Newell-McGloughlin, director,
International Biotechnology Program, University of
California Davis said.
Click here for
more.
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Sponsor
Spotlight
We
are delighted to have the Oklahoma
Cattlemen's Association as a part of
our great lineup of email
sponsors. They do a tremendous job of
representing cattle producers at the state capitol
as well as in our nation's capitol. They
seek to educate OCA members on the latest
production techniques for maximum profitabilty and
to communicate with the public on
issues of importance to the beef
industry. Click here for their
website to learn more about the
OCA.
Our
newest sponsor for the daily email is
Chris Nikel Chrysler Jeep Dodge
Ram in Broken Arrow, Oklahoma. Chris
Nikel offers anyone across Oklahoma, southeastern
Kansas, Northwestern Arkansas or southwestern
Missouri some real advantages when it comes to
buying your next truck for your farm or ranch
operation. Some dealers consider one guy and a
half dozen trucks a commercial department. At
Chris Nikel they have a dedicated staff of 6 and
over 100 work trucks on the ground, some upfitted,
others waiting for you to tell them what you
need. To learn more about why they deserve a
shot at your business, click here or call
Commercial/Fleet Manager Mark Jewell direct at
918-806-4145.
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Derrell
Peel Takes First Look at Fall Grazing
Prospects
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow-Calf
Newsletter:
Most of Oklahoma has
received some rain in the past 10 days with
virtually all parts of the state having received
moisture the past 30 days. Some critically dry
areas remain in the western counties and the
Oklahoma Panhandle. The moisture has two impacts,
including boosting summer forage production of
both pastures and hay; and increasing prospects
for wheat pasture this fall. While conditions
could turn dry at any time, the soil moisture in
place now likely means that early wheat
establishment for grazing will be possible. At
this point in time, this looks like the best
chances for fall and winter grazing in over three
years.
Feeder cattle prices have improved
significantly since the lows in late May, with
most classes of feeder cattle up $10-$12/cwt.
Price for heavy feeders have improved
proportionately more than for the calves and that
has improved the stocker value of gain offered in
feeder markets. At current prices, the value of
weight gain for stockers is over $1.00/lb of gain
for wide range of beginning stocker weights from
400 to over 600 pounds and for weight gain ranging
from 250 to 400 pounds. This value of gain
reflects the facts that feedlot cost of gain
continues to run in well in excess of $1.10/lb in
most cases.
Click here to read more from
Derrell Peel.
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Rains
Across Southern Plains Benefit Crop
Conditions
Oklahoma
received an average rainfall of 2.25 inches over
the past week. The rain was widespread, but parts
of western Oklahoma and the Panhandle received
less than half an inch, while places in central
and eastern Oklahoma received upwards of six
inches.
Condition
ratings continued to improve for most row crops.
Corn, sorghum and soybeans were all rated mostly
good. Corn silking was 80 percent complete by the
end of the week, and 31 percent reached the dough
state, 34 points below the five-year average.
Soybeans blooming were 23 percent complete, 22
points behind the five-year average. (Click here for the Oklahoma Crop
Progress and Condition report.)
Rainfall
amounts of 1 inch or more were common in central
Kansas with lighter amounts in other areas. The
rain was accompanied by cooler temperatures,
relieving some stress on row crops.
Corn silking was 79 percent, behind
90 last year and 89 average.
Soybeans were 54 percent blooming,
behind 67 last year and 65 average. (The
Kansas report is available by clicking here.)
In
Texas, scattered showers
prevailed across the state. While most rainfall
was limited to 1 inch or less, localized areas of
the Northern Plains and the Trans-Pecos received
upwards of 1.5 inches. Producers were
defoliating cotton and preparing for harvest.
Cotton in the Trans-Pecos and East Texas was
squaring and setting bolls. Corn progressed and
neared maturity in the High Plains, while harvest
was underway in most other areas of the state.
(Click here to read the full Texas
report.)
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NCBA
Research Targets Education Message to Millennial
Generation
The
2013 Oklahoma Cattlemen's Association Conference
and Trade Show is in the history books, but not
before planting some seeds in producers' minds.
Forrest Roberts, chief
executive officer of the National Cattlemen's Beef
Association was the keynote speaker and he talked
about today's audience for beef products. He says
it's an audience that is a more skeptical than the
audience of five or ten years
ago.
"If we look at some of our
recent research it would suggest, when you look at
all of agriculture, 49 percent of consumers feel
that conventional agriculture is headed down the
wrong track. So, as we look at how we build trust
with today's consumer-especially that of the
Millennial Generation-they have a lot of questions
about how that-especially in the beef industry-how
that beef eating experience is actually produced.
"So they begin from kind of a sense of
skepticism because they just weren't raised with
any knowledge about not only where their food
comes from, but how it was raised. And so we've
really tried to understand not how we talk at
them, but how we created a dialog with them. And
that's an effort that we've been involved with in
the beef industry not only directly within beef
consumers, but also across all of today's
agriculture with an effort that we call the U.S.
Farmers and Ranchers Alliance. So, we're trying to
balance both sides of that in our role not only in
the beef industry, but also across all of today's
agriculture."
Forrest Roberts is my guest
on the latest Beef Buzz. Click here to go
there.
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The
registration deadline for the 2013 International
Leadership Alumni Conference set for Aug. 14-17 in
Oklahoma City is fast approaching.
Expanded
insights, skill-enhancement and personal
fulfillment relative to sharing the importance of
agriculture will be the focus of the
conference.
"We're excited to have ILAC in
Oklahoma this year; traditionally, the conference
has been for alumni of agricultural and rural
leadership programs, but this year we're inviting
anyone who is interested in the speakers and tours
that we have planned," said Hope Pjesky,
Agricultural Leadership of Oklahoma president and
a farmer-rancher from Goltry, Okla.
Participants must register no later than
July 31.
For
more information, click here.
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Corn
Silking Numbers Catching up to Five Year Average-
National Crop Progress Numbers Suggest Bumper to
Record Crop
The
U.S. corn crop made rapid progress toward full
maturity last week while remaining in good
condition, according to a U.S. Department of
Agriculture report released today. The percentage
of the corn crop silking increased by 28 points
last week, narrowing the lag behind the five-year
average to a four point gap from a 13 point gap
the week prior. Reports also indicate that
the crop condition remains unchanged from the
previous week with 63 percent of the crop forecast
to be in good-to-excellent condition. Last year at
this time, only 24 percent of the crop still fared
as well.
"As
the summer passes, we are pleased to see that the
crop condition across the country remains strong,"
said National Corn Growers Association President
Pam Johnson, a grower in Floyd,
Iowa. "Despite wet, cool conditions this spring
and, for some, this summer, farmers forged ahead
to plant a near-record number of corn acres.
Should favorable weather continue to fuel growth
and maintain quality, U.S. corn farmers could
produce a record crop in 2013."
Currently,
89 percent of all corn acres are forecast to be in
fair-to-excellent condition, with only 11 percent
rated in poor or very poor condition. The crop
condition forecast remained completely unchanged
from a week prior, remaining strong across the
country. This stands in stark contrast to
condition forecasts at this time in 2012, which
fell continuously as high temperatures and dry
conditions hit large portions of the Corn
Belt.
Click here for the complete
National Crop Progress Numbers as released by NASS
on Monday afternoon.
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Dead
People Cash in on Crop Insurance- GAO Study Offers
Details
A
GAO study that is now out suggests that both the
NRCS and the RMA have issued payments to farmers
and other stakeholders who have been dead one or
even two years when the check was cut (or the
electronic deposit hit their account).
The
General Accounting Office says about ten million
dollars has been handed over to dead folks- "GAO
did a data review for fiscal year 2008 to April
2012, and estimates that NRCS made $10.6 million
payments on behalf of 1,103 deceased individuals 1
year or more after their death." They admit
some of these payments were legit- but that NRCS
doesn't really know if they were or not.
Likewise-
the Risk Management Agency that oversees Crop
Insurance handed out subsidies of more than twenty
million dollars to folks that apparently were
already in the grave. "GAO matched every
policyholder's Social Security number in RMA's
crop insurance subsidy and administrative
allowance data for crop insurance years 2008 to
2012 with SSA's master list of deceased
individuals and found that $22 million in
subsidies and allowances may have been provided on
behalf of an estimated 3,434 program policyholders
2 or more years after death."
Keep
in perspective that the numbers for Crop Insurance
are over a five year period- which means Four
Million Dollars worth of questionable payments per
year- a pretty small number for sure. I guess the
question that is sticks out to me- how the devil
did that dead guy sign for Crop Insurance?
(especially the second year out)
Click here to see the one page
summary of this GAO study.
As
you might well imagine- some anti- Farm Bill folks
are truly gleeful over this report.
Scott Farber with the
Environmental Working Group smells a HUGE coverup-
"Not only are unlimited crop insurance subsidies
flowing to the largest and most successful farm
businesses, they are now going to deceased
policyholders. At a time when some lawmakers want
to cut off funding for the hungriest children, we
find out today the federal government has spent
$22 million over four years to lavish insurance
subsidies to individuals who are no longer alive.
It is appalling to learn that bureaucrats didn't
match the names of the recipients of crop
insurance with the Social Security
Administration's master list of deceased
individuals. This irresponsible use of scarce
taxpayer dollars reinforces just how broken the
system is and how badly it is in need of
reform. "
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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