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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
$9.34 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
Monday, August 5,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Coalition
Calling on Speaker Boehner to Move Farm Bill to
Conference
Representative
Tim Walz (MN-01), the ranking
member of House Agriculture Subcommittee on
Conservation, Energy, and Forestry, led a broad
coalition of 50 Members of the U.S. House of
Representatives in sending a letter to Speaker
Boehner urging him to take immediate action and
convene a Farm Bill conference committee before
adjourning for a five-week August recess. With
only nine legislative working days scheduled by
the Majority for the entire month of September,
moving to conference now and allowing Members time
to work out an agreement during August is critical
to the Farm Bill's success.
"Our farmers
and ranchers go about their business quietly every
day and simply expect Congress to do the same.
With only nine legislative work days scheduled in
September, we're burning daylight we don't have,"
Walz said. "The Farm Bill was once a place where
Congress could get results; where pragmatic
problem solving trumped partisan ideology. Let us
return to that mind frame, reject rigid ideology,
and work together during August to get a
bipartisan Farm Bill signed into law before the
end of September. Rural America and the rest of
the country can't wait."
Click here to read the full
letter and a list of the representatives who
signed it.
The
National Cotton Council also called for quick
action.
"Timely
enactment of new farm legislation is critically
important for production agriculture and
especially for the U.S. cotton industry," stated
NCC Chairman Jimmy Dodson, a
cotton producer from Robstown, Texas. "Building on
the hard work done under the leadership of
Chairman Lucas, Chairwoman Stabenow, and their
respective ranking members, Representative
Peterson and Senator Cochran, we strongly urge
that work to resolve the differences in the two
bills begin immediately. When members return in
September, a formal conference committee can be
convened and remaining differences can be resolved
in a timely manner.
Click here for more from Jimmy
Dodson.
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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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United
States Wins Trade Enforcement Case, Proves
Export-Blocking Chinese Duties
Unjustified
United
States Trade Representative Michael
Froman, Secretary of Commerce
Penny Pritzker, and Secretary of
Agriculture Tom Vilsack announced
that the United States won a major case at the
World Trade Organization (WTO) on behalf of
American chicken producers, proving that China's
imposition of higher duties on chicken "broiler
products" - which was followed by an 80-percent
drop in American exports of those products to
China - is unjustified under international trade
rules. A WTO dispute settlement panel agreed with
the United States, finding that China violated
numerous WTO obligations in conducting its
investigations and imposing anti-dumping (AD)
duties and countervailing duties (CVD) on chicken
imports from the United States.
"This
decision sends a clear message that the Obama
Administration can fight and win for American
farmers, businesses, and workers in the global
trading system, ensuring that America gets the
benefit of the rules and market access we have
negotiated in our international trade agreements,"
said Ambassador Froman."WTO Members must use trade
remedies strictly in accordance with their
commitments, and we hope that this win will
discourage further violations that hurt American
exporters."
Click here to read the full
story.
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U.S.
Trade Rep Froman, Ag Secretary Vilsack Announce
Continued EU Market Access
United
States Trade Representative Michael
Froman and Secretary of Agriculture
Tom Vilsack announced that the
European Union (EU) will continue to provide U.S.
beef producers with significant access, at zero
duty, to the EU market for high-quality beef
produced from non-hormone-treated cattle. The
United States and the European Union are planning
to extend for two years Phase 2 of the Memorandum
of Understanding (MOU) signed in 2009 in
connection with the United States' long-running
dispute with the European Union over its ban on
beef from cattle treated with certain
growth-promoting hormones.
In the year
since Phase 2 began, U.S. beef shipments under the
quota were an estimated $200 million, up 300
percent from the value of exports in the year
before the MOU entered into force. Under the
extension, the EU would maintain until August 2,
2015 its duty-free tariff rate quota for
high-quality beef, established pursuant to the MOU
between the United States of America and the
European Commission Regarding the Importation of
Beef from Animals not Treated with Certain Growth
Promoting Hormones, at the Phase 2 quantity of
45,000 metric tons per year.
"I am very
pleased that American ranchers and meat processors
will be allowed to ship substantial quantities of
high-quality U.S. beef into a market worth
millions of dollars to their bottom lines," said
Ambassador Froman. "Before the memorandum of
understanding was signed, the EU's beef market had
been largely closed for far too long. The
substantial market access that we have achieved
since 2009 shows what we can accomplish with
practical, problem-solving approaches to trade
barriers."
You can read the full story by
clicking here.
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Value-Added
Programs Essential for Getting Top Cattle Dollar,
Mourer Says
Getting
top dollar for their cattle is not as difficult as
some producers might believe, says Beef Value
Enhancement Specialist Gant
Mourer of Oklahoma State University.
Mourer spoke recently with Radio Oklahoma Network
Farm Director Ron Hays about the challenges that
face producers when it comes to adding
value.
Mourer said most producers are
already managing and caring for their herds
properly, but more work needs to be
done.
"The one thing I've found, Ron, is
that these producers are already doing these
management steps. We just need to get the word out
to buyers that they are managing these cattle
properly. And when they do that, we'll capture
those premiums. And they are willing to pay more
because those cattle do better for them down in
the other segments of the beef
industry."
Gant joins me on the latest Beef
Buzz. Click here to listen in or to
read more of this story.
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Agricultural
Lease Education Benefits Owner,
Tenant
Jeri
Donnell with the Samuel Roberts Noble
Foundation writes in their latest News and Views
newsletter:
Leases are a common
practice in agriculture. In its most basic form, a
written lease is a unique document that defines
the owner (lessor), tenant (lessee) and property;
describes each party's
privileges/responsibilities; and details mutually
agreed upon terms. Still, many individuals
perceive leases as complicated and approach the
topic with hesitation. However, education allows
one to become more comfortable with the lease
process and more confident in knowing what one
wants to occur under an individual
lease.
Leasing can be advantageous,
depending on one's operational goals, resources
and negotiating ability. Benefits to an owner
include property care and income without owner
participation. Tenant benefits include an
opportunity for expansion or management on a trial
basis without capital investment. Owners must
overcome the fear of losing control, and tenants
should evaluate the risk of leases not being
renewed.
Click here for more.
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Marbling
and Reproduction Go
Hand-in-Hand
James
Henderson of the Bradley 3 Ranch in Texas
knows what kind of cattle his customers need. In
the big cattle country where they operate, cows
must be able to travel for their food, defend
their calves against predators and produce
offspring that are in demand.
"We've been
in the meat business and we've dealt with
consumers and we understand that marbling is a
very important trait to the consumer. And, so,
looking at it from the meat side, that's
important. As we've looked at it from the maternal
side, we think it's even more important because
there's nothing that makes a cattleman more money
than a cow that has a calf and stays in the herd
and reproduces on an efficient basis. So, if you
can keep those two things going--and marbling
helps do that--that's what we think makes
money."
Selecting for quality can have a
positive impact on the cow herd.
"I've
said numerous times that marbling may be a more
important reproductive trait, maternal trait, than
it is a carcass trait. I say that because it's
that ready source of energy and that cow can store
it up really quickly and she can use it really
quickly when she needs to. And those easy, fleshy,
easy-keeping cows tend to be the ones with the
highest marbling."
Click here to read more or to
watch the video version of this story.
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This
N That- Cost of Farming Going UP, Superior Sale
Was Hot as a Three Dollar Pistol and Busy Week
Ahead
The Farm Production
Expenditures report published by USDA's
National Agricultural Statistics Service shows
U.S. farmers spent a record-high 351.8-billion
dollars on agricultural production in 2012. That's
an increase of 10.4-percent from 2011. Crop farms
accounted for the majority of expenditures -
increasing 17.4-percent from 2011 to 200-billion
dollars. NASS reports low interest rates boosted
new machinery purchases in 2012 - increasing the
overall farm expenditures for the year. Chemicals,
fertilizers and seed cost crop farmers
55.5-billion dollars - accounting for 27.8-percent
of total expenses for crop farms. On the livestock
side - the expenditures report shows farmers spent
152-billion dollars - up 2.4-percent from 2011.
Feed was the largest expenditure at 54.4-billion
dollars spent in 2012. NASS notes the drought
reduced feed availability - causing prices to
climb - making it the costliest category in the
entire agriculture sector.
The largest increase in
production expenditures on a regional basis was in
the Plains. Expenditures rose 15-bllion dollars
from 2011 to 88.8-billion. Overall - the Plains
had the second highest total expenditures.
Expenditures in the Midwest were 112-billion -
with expenditures of 69.9-billion in the West,
42.6-billion in the Atlantic and 38.6-billion in
the South. Average per-farm expenditures totaled
$162,743 compared with $146,653 in 2011 - an
increase of 11-percent. On average - U.S. farm
operations spent $27,338 on feed, $18,457 on farm
services, $14,802 on livestock, poultry and
related expenses and $14,247 on labor.
Click here for the complete
report of farm expenses as detailed by Uncle
Sam.
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Superior
Livestock wrapped up their four day
auction this past Friday called the Video Royale
sale. On offer were 158,000 head of cattle-
and the market was hot.
The
Superior team report that "The market was
tremendously active on all classes of cattle with
yearlings being $3-$5 higher and the calf market
$10-$12 higher than our last auction."
Click here for the complete
market report from this past week- which includes
details of several groups of Oklahoma cattle being
sold.
*********
We
have several things on the Oklahoma Farm Report
calendar this week- with cattle meetings, Town
Hall Meetings, Grain Sorghum Field Tours and even
the Women in Ag Conference all on the
agenda.
We
will be heading to Denver for the later than
normal Summer Cattle Industry Conference
the second half of this week- and will be
reporting on what the NCBA, ANCW and the CBB are
up to- we will be cutting out of there a little
early to get back in time to help emcee the 2013
edition of the Southern Plains Beef Symposium in
Ardmore that happens this Saturday, August 10th-
what we have called in the past one of the best
one day cattle industry seminars that you will
find anywhere in the US. I think it qualifies
again this year- and no matter where you are in
Oklahoma- it will be worth the drive down to
Ardmore to check out the 2013 Symposium.
For
details on everything going on this week- click here for our calendar page
as found on our website-
OkahomaFarmReport.Com.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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