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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 $8.91 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, October 2,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
New
Study Analyzes Differences Between Senate, House
Farm Bills
A
new farm bill analysis by the Food and
Agricultural Policy Research Institute at the
University of Missouri provides one of the first
in-depth looks at the Commodity Titles of both the
Senate and House passed farm bills. The FAPRI
analysis was done at the request of the Senate Ag
Committee staff- and looks at what the federal
farm safety net may look like and how much it will
cost depending on which direction the conference
report takes.
FAPRI concludes
the two bills have much in common and the
consequences of the two bills would be similar in
many respects. Both bills replace a Direct Payment
program that makes payments that are not tied to
current prices or production levels with new
programs that offer support linked to current
levels of production and prices. Average levels of
federal farm program spending would be reduced
under both bills, and most commodity market
impacts would be relatively small.
For
example:
--The
program changes examined in this report reduce
estimated 10-year net budgetary outlays by $18.1
billion under the Senate bill and $12.6 billion
under the House bill. Estimates of the net budget
savings of the same provisions by the
Congressional Budget Office (CBO) are $16.4
billion for the Senate bill and $15.9 billion for
the House Committee bill.
--The
Supplemental Coverage Option accounts for much of
the difference in the estimated costs of the two
bills, as the Title I provisions are estimated to
have very similar net budgetary impacts.
You can read more of this story and find a
link to the full analysis 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 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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Stabenow
Calls on House to Name Farm Bill
Conferees
Senator
Debbie Stabenow (D-MI),
Chairwoman of the U.S. Senate Committee on
Agriculture, Nutrition and Forestry, today
released the following statement regarding the
Senate moving to go to conference with the House
on the 2013 Farm Bill:
"I'm pleased that
the Senate has once again agreed to go to
conference with the House on the Farm Bill and has
re-appointed conferees. The government shutdown
and the expiration of the Farm Bill has created a
double whammy of uncertainty for the economy and
for the 16 million Americans who work in this
country because of agriculture. The Senate has
twice passed a comprehensive, bipartisan Farm Bill
that will create jobs, reform agriculture policy
and reduce the deficit by tens of billions of
dollars. It's time to finally get this done."
The Senate conferees for the majority
include: Chairwoman Debbie Stabenow, D-Mich., and
Senators Patrick Leahy, D-Vt., Tom Harkin, D-Iowa,
Max Baucus, D-Mont., Sherrod Brown, D-Ohio, Amy
Klobuchar, D-Minn. and Michael Bennet,
D-Colo.
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Farmers
and Ranchers Frustrated with Congress Over Farm
Bill Expiration, Stallman
Says
Bob
Stallman, President of the American Farm
Bureau Federation issued the following statement
today after the one-year farm bill extension
expired last night:
"Farmers and
ranchers, along with 90 percent of the country,
are frustrated with Congress. Aside from shutting
down the government, the one-year farm bill
extension Congress granted last session also
expired at midnight, while the new farm bill has
yet to formally reach the conference process.
"Farm Bureau members are deeply concerned
over the political challenges that are making it
next to impossible for Congress to reach a
compromise on important legislation, while
restoring fiscal order and setting a responsible
course to get the federal budget back on track.
Adding to our frustration, both the House and
Senate versions of the farm bill would provide
significant savings that could be applied toward
reducing the federal deficit.
"Now that
the 2008 farm bill extension has expired, farmers
once again are left with uncertainty as to the
safety net and risk management tools that are
important in planning for next year's crop. And
come January, consumers once again face the impact
of high food costs as decades-old farm policy
kicks in.
Click here for more from Bob
Stallman.
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Oklahoma
Farm Bureau Partners with Governor Fallin in 4th
Annual Food Drive
Governor
Mary Fallin's Fourth Annual Feeding Oklahoma Food
Drive kicked off Tuesday with the goal of raising
1.4 million meals to help feed hungry families,
children, seniors and those affected by the May
tornadoes. The month-long food drive will benefit
the Regional Food Bank of Oklahoma, the Community
Food Bank of Eastern Oklahoma, and their partner
agencies across the state.
One of the
governor's partners in the project is the Oklahoma
Farm Bureau. Farm Bureau is the only partner in
the drive that has offices in all 77 counties of
Oklahoma. Donations can be dropped off at all Farm
Bureau offices for delivery to the food banks.
Oklahoma Farm Bureau Director Rodd
Moesel appeared with Fallin this morning,
announcing Farm Bureau's participation in the
drive.
"Time and again, Oklahomans have
proven themselves to be the most caring and giving
individuals in the nation," Fallin said. "Last
year, Oklahomans from all 77 counties came
together and donated over two million meals in
time for the holiday season. This year, we can do
even more for the hungry in our state."
Click here to read more.
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Expenses
Add Up when Raising Replacement
Heifers
Job
Springer, Agriculture Economist
Consultant with the Samuel Roberts Noble
Foundation, writes in their latest
newsletter:
The Southern Great Plains
has seen better forage growing conditions in 2013
than in many recent years. This has been, in part,
due to less wind, cooler temperatures and more
rainfall. Many ranchers are beginning to chomp at
the bit to use these additional forages and are
thus looking to rebuild their cow herds. For
ranchers looking to rebuild their herds from
within the ranch, the question arises as to how
much it will cost to raise their own replacement
heifers. While every ranch has its own set of
unique resources, this article addresses the
question of how much it will cost an average-sized
ranch in the Southern Great Plains to raise
replacement heifers in 2013 and
2014.
According to the 2007 Census of
Agriculture, the average herd size in the Southern
Great Plains is approximately 43 head. A rancher
trying to expand his herd will need to exceed the
typical attrition rate of 17 percent (seven head).
In this example, 14 heifers will be used as the
initial selection number of potential replacement
females.
Replacement heifers need to be
approximately 65 percent of their mature weight at
the time of breeding. Therefore, a typical herd in
the Southern Great Plains would see heifers being
bred around 750 pounds. This is a pivotal point
when the rancher can either sell a feeder heifer
or decide to keep the heifer on the farm as a
replacement A spring-calving cow herd will see
many heifers being covered as early as March or
April. According to the futures market, these
750-pound heifers would be worth $151 per
hundredweight or $1,132.50 per head.
Click here to read more of Job
Springer's
analysis.
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Conservation
Stewardship Program to Reach 63 Million Acres
Nationally
Once
this year's Conservation Stewardship Program
contracts are finalized, the program will have
reached a total of approximately 63 million acres
enrolled nationally. Helping about 48,000 farmers
and ranchers across the country increase their
conservation on working lands.
"It is
crucial that we learn from the farmers and
ranchers who are using the program if it is
working as we envisioned," noted Traci
Bruckner, Assistant Director for Rural
Policy at the Center for Rural Affairs. "Previous
applicants that we've heard from helped us develop
recommendations and influence the Natural
Resources Conservation Service to make positive
changes for the program so that it better reflects
and values farmers' and ranchers' conservation
efforts."
To
read more about the program that was once called
the Green Payments program- offering farmers
incentives to do the right thing when it comes to
good conservation management practices, click here.
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This
N That-Today's Big Iron Auction, Ag in the
Classroom and Climate Change Report Ignores Little
Things Like- FACTS.
Three
hundred and 68 items will sell today in
Big Iron's latest auction.
The first three items up for bid will close
at 10 a.m. Ag, construction and
transportation items are all included in this
latest sale.
For
details on all if today's items as well as those
in coming sales, click here for the Big Iron
website.
If
you'd like more information on becoming a buyer or
a seller, you can contact District Manager
Mike Wolfe by calling him at
580-320-2718.
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School
is in full swing across Oklahoma and that means Ag
in the Classroom is once again underway. This
year's contests are now online at www.agclassroom.org/ok.
The
theme this year is: Oklahoma Agriculture-Oklahoma
Strong.
The competitions this year include:
for pre-K and kindergarten students, a coloring
contest; for T1, 1st, and 2nd grade students, a
bulletin board contest; a poster contest for 3rd,
4th and 5th grade students; a storyboard contest
for 6th grade students; and an essay contest for
7th and 8th grade students.
Our
thanks for Dana Bessinger for
always keeping us in the know on Ag in the
Classroom.
**********
In
case you missed the fun and games of this report
at the end of last week- an exhaustive United
Nations report that claimed with 95% certainty
that humans are responsible for global warming
left out data that found the planet has stopped
warming over the last 15 years, because it did not
fit with the climate change agenda it wanted to
advance.
The
report, produced by the U.N.'s
Intergovernmental Panel on Climate Change (IPCC),
could not explain "why the planet has
largely stopped warming over the past 15 years."
So it just ignored it. According to the climate
data from the U.K.'s weather-watching Met Office,
"global surface temperatures rose rapidly during
the 70s," but they have "have been relatively flat
over the past decade and a half, rising only 0.05
degrees Celsius (0.09 degrees Fahrenheit)."
An
article that we are linking to below basically
will move you one direction or the other- If you
blame man for global warming- you won't believe
anything the article says- if you believe that
blaming man for global warming is hogwash- you
will love it
I will say that lack of
warming in recent years does stretch the faith of
the even most radical "man is to blame on the
climate" school of thought. Click here and check it
out.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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