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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- click
here for the report posted yesterday afternoon
around 3:30 PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash
price for canola was $9.51 per bushel- based on
delivery to the Northern AG elevator in Yukon Wednesday.
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, September 20,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
House Narrowly Passes
Nutrition Reform and Work Opportunity Act- Next
Step is
Conference
The
House has narrowly passed the Nutrition Reform and
Work Opportunity Act of 2013- the Nutrition piece
of the House Farm Bill puzzle. The final called
vote was 217 to 210.
Managing the bill on
the House floor was the Chairman of the House Ag
Committee, Frank Lucas, the Third
District Congressman for Oklahoma. Lucas, in his
concluding remarks ahead of the vote told his
colleagues that "it should not be this hard to
pass a bill to make sure that consumers in this
country and around the world have enough to eat.
It shouldn't be this hard- but everything seems to
be hard these days. So, let's do the hard things,
let's get our work done, let's go to conference,
let's put a final bill together. Let's fulfill our
responsibilities."
The 109-page "Nutrition
Reform and Work Opportunity Act" would make
several changes to the SNAP program such as ending
"categorical eligibility" and allowing states to
set work-related requirements to receive
benefits.
The current plan is for the House
to couple the nutrition bill with its "farm-only"
bill and send the package to conference with the
comprehensive Senate-passed farm bill. With the
passage of HR 3102, the next thing to happen will
be the appointment of conferees to negotiate with
the Senate. The Senate appointed their conferees
earlier in the summer. Our Top Ag Story on
the website this morning includes statements from
Lucas, Collin Peterson,
Debbie Stabenow and Ag Secretary
Tom Vilsack- plus audio from the
final pitch made by Chairman Lucas on the floor on
Thursday- click here to read and to
listen.
Lucas
is expected to chair the Conference Committee with
the Senate. He will be working with the Chairwoman
of the Senate Ag Committee, Debbie
Stabenow, who offered the following
comment following the passage of HR
3102:
"We have never before seen this kind
of partisanship injected into a Farm Bill. Not
only does this House bill represent a shameful
attempt to kick millions of families in need off
of food assistance, it's also a monumental waste
of time. The bill will never pass the Senate, and
will never be signed by the President."
*********
American
Soybean Association President Danny
Murphy was quick to call on both chambers
of Congress "to work across party lines to craft a
bill that addresses the needs of both farmers and
consumers." You can read more of his
comments by clicking here.)
National
Cattlemen's Beef Association President
Scott George urge Congress to
take action quickly to complete the farm bill
process.
"Passage
of the farm bill is the top priority as set by our
membership and we will continue to work with
Congress to pass a farm bill that meets the needs
of cattle producers and guarantees certainty for
rural America." (Click here for more of his
comments.)
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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 looking forward to CROPLAN,
the seed division of WinField, providing
information to wheat producers in the southern
plains about the rapidly expanding winter canola
production opportunities in Oklahoma. WinField has
two Answer Plot locations in Oklahoma featuring
both wheat and canola - one in Apache and the
other in Kingfisher. Click here for more information on
CROPLAN® seed.
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Congress
Must Finish a Farm Bill This Year, Stallman
Says
The
farm bill is an economic stimulus bill that
creates jobs and helps small businesses and rural
communities every year, according to American Farm
Bureau Federation President Bob
Stallman. Congress can-and must-finish a
farm bill this year, Stallman said in remarks
presented to the Agricultural Business Council of
Kansas City.
"It's obvious that we will
not have a new farm bill in place by the time the
current one expires, about two weeks from now,"
Stallman said. "The only extension Farm Bureau
supports is a five-year extension that looks a lot
like the new farm bill that is working its way
through Congress," he added.
Although many
political pundits in Washington and around the
countryside are skeptical about the odds for
passage of a farm bill in 2013, Stallman is
optimistic.
You
can read more of this article by clicking here.
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Potential
for Inflation Could Bring Buyers to Grains,
Anderson Says
In
his preview of this weekend's SUNUP program, OSU
Extension Grain Marketing Specialist Kim
Anderson tells host Lyndall
Stout that the markets have been
relatively dead recently.
"Prices have been
grinding lower for both corn and wheat especially
over the last two or three weeks. At the end of
this week, wheat prices were substantially higher.
You know the market's been dead when a 10-cent to
a 15-cent price rally gets the market excited.
"I think part of the reason may be because
the Fed announced it's going to extend the QE
program of buying bonds. That has the potential to
cause inflation. And when you have the potential
for inflation, buyers tend to come to commodities
and that may be happening here."
He says
that export demand is 38 percent above a year ago
also contributes to a price rally and the market
may hold that.
You
can read more or listen to Kim Anderson's analysis
by clicking here.
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High-Quality
Beef Premiums Here to Stay
Marbling
is important say those who are buying your
cattle.
"We buy all of our cattle on a
value-based system," says Brian
Bertelsen, director of field operations
for U.S. Premium Beef. "And that system is set up
to attract and reward high-quality cattle, meaning
high quality grade. In other words, high-marbling
cattle."
Around 75 percent of the cattle
coming to their plant are black-hided. And, of
those Angus-based animals, 43 percent made the
Certified Angus Beef brand in a recent quarter.
Another 21 percent qualified for US Premium Beef's
premium brand.
This isn't just a passing
trend, Bertelsen says. The past four years have
seen record-high quality grade premiums.
Click here to read more of this
story or to watch a video version.
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Chinese
Ag Leaders Sign Commitments to Buy $2.8 Billion
Worth of U.S. Soy
As
China's appetite for soy products continues to
grow, it's leaning on U.S. soybean farmers to help
meet demand - in one recent case, to the tune of
$2.8 billion.
During the recent U.S. Soy
Global Trade Exchange, Chinese agricultural
leaders signed agreements to buy approximately
$2.8 billion worth of U.S. soy. The delegation
signed 13 contracts with U.S.
exporters.
"These contracts speak to U.S.
soybean farmers' work to produce high-quality
soybeans," says Jim Stillman,
chairman of the United Soybean Board (USB), which
co-sponsored the Exchange with the American
Soybean Association (ASA). "The U.S. soy industry
is committed to meeting the demands of our
customers, and we are doing that by growing the
best crops we can," says Stillman, a soybean
farmer from Emmetsburg, Iowa.
You'll find
more of this story on our web page by clicking
here.
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The
Positive Associative Effect of High-Protein
Supplements
Glenn
Selk, Oklahoma State University Emeritus
Extension Animal Scientist, writes in the latest
Cow-Calf newsletter:
For the first
time in a couple of years, the eastern two-thirds
of Oklahoma has substantial standing forage in
many pastures as we go into fall. In addition as
you drive across much of Oklahoma this fall you
see many big round bales of hay stored for winter
feed. The quality of this hay will vary a great
deal. Frankly some of the hay that is being stored
will also be less than ideal in protein content.
The standing forage will be decreasing in protein
content as it matures and is frosted later in the
fall. The micro-organisms in the
rumen of beef cows and replacement heifers require
readily available protein to multiply and exist in
large enough quantities to digest the cellulose in
low quality roughages. Protein supplementation of
low-quality, low protein forages results in a
"positive associative effect".
This
"positive associative effect" occurs as
supplemental protein available to the "bugs" in
the rumen allows them to grow, multiply, and
digest the forage more completely and more
rapidly. Therefore the cow gets more out of the
hay she consumes, she digests it more quickly and
is ready to eat more hay in a shorter period of
time. Data from Oklahoma State University
illustrates this. The prairie hay used in this
study was less than 5% crude protein. When the
ration was supplemented with 1.75 lbs of
cottonseed meal, retention time of the forage was
reduced 32% which resulted in an increase in feed
intake of 27%. Because hay intake was increased,
the animal has a better chance of meeting both the
protein and energy requirement without
supplementing other feeds. Because retention time
was decreased, one could postulate the protein
supplementation in this situation also increased
digestibility of the hay.
Click here for more from Glenn
Selk.
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This
N That: Rain Rolls Across Oklahoma, This Week in
Agri-Business, Our In the Field Guest and the
Heart of America Farm Show Kicking Off
Rainfall
totals are rather spotty from this latest round of
rain and thunderstorms that have pushed up from
Texas and from the west. In looking at the two day
rainfall map on the Mesonet, we see four or five
islands across Oklahoma that have received larger
amounts of rain- one to two inches for the most
part- with the rest of the state measuring
rainfall in the tenths of an inch.
Totals
will continue to increase in southeastern Oklahoma
today, with cooler air and sunshine expected this
afternoon and into the weekend.
If
you take into consideration the five day rainfall
map - the rainfall amounts are adequate to ensure
moisture for planting both winter wheat and winter
canola as soon as the fields are dry enough to
support a tractor pulling a grain drill.
It's likely that this weekend and into next week a
lot of acres of both crops will be put into the
ground by Oklahoma farmers.
Click here for both of these maps
as of 6 AM Friday morning.
**********
Yours
truly will be the guest of Orion
Samuelson on "This Week in Agribusiness"
that is seen on RFD-TV several times over the
weekend.
We
talk about the rise of canola in the southern
plains, winter wheat seeding and pasture
conditions for our cattle with the "Big O"- click here for details of the
show and when it airs.
**********
Heather
Buckmaster of the Oklahoma Beef Council
is our guest this weekend for our In the Field
segment as seen on KWTV, News9 in Oklahoma
City. We are talking about the Millenial
generation with the Executive Director of the
Oklahoma Beef Council- and how Beef Checkoff
monies are being used to reach this generation of
80 million that range in age from 13 to 33.
We
will have the video replay later in the weekend up
on our website as well as on our APP- watch it
live or check it out later as we have it
posted.
**********
The
first ever Heart of America Farm
Show is set to kick off this morning at
9:00 AM at the Tulsa RV Ranch just south of Tulsa
in Beggs- we will be hosting and presenting two
seminars at the event- one today at 1:00 PM and
the second on Saturday at twelve noon.
Joining me during my time on stage will be
Gant Mourer of OSU's Animal
Science Department- Gant will be talking about
value added opportunities for cattle
producers.
The
show itself runs today through Sunday- admission
is free and it looks to be a great show. Click here for their website to
learn more details of what else will be going on
at the Heart of America Farm Show.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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