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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 $8.65 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, October 3,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
National
FFA Officer Candidate from Oilton Passionate About
Making a Difference
The
National FFA Convention and Expo kicks of October
30 in Louisville, Kentucky, and among the
attendees will be Brandon
Baumgarten of the Oilton FFA Chapter.
Baumgarten has his sights set on being elected a
national officer. He has been a state officer and
is the past president of the Oklahoma FFA
Association. He is currently a student at Oklahoma
State University. He spoke with me recently and he
will appear on this weekend's "In the Field"
segment on News 9 about 6:40 a.m.
Saturday.
Baumgarten says he has a
dream he wants to fulfill in Louisville.
"I
truly want to make a difference in the lives of
students, not only on the state but on the
national level. I believe there is a difference to
be made if we are willing to make it. And serving
as a national officer was something that I dreamed
about when I was a freshman and first thought
'Wow! How cool would it be to be a national
officer some day?'"
Baumgarten is unusual
in that when he joined FFA, there was nobody in
his family that was remotely connected to
agriculture. He got involved in public speaking,
farm business management, livestock judging, and
the state FFA chorus. He said he was thankful for
those experiences and that further fueled his
desire to be a national officer.
He said
his first experiences as an attendee at the
national conventions impressed upon him the power
that that FFA members acting collectively
possess.
"My mind was blown because you
have 55,000 students that are assembled together
all believing in the same thing, believing in the
same purpose, believing in the same goals. And
together you ignite that passion. You come
together and realize the difference that can be
made. And that's so encouraging. My parents are
encouraged when they see it. I'm encouraged when I
see it. It's motivating because you realize that
there is hope for our generation."
You
can listen to my interview with Brandon or read
more of this story by clicking here.
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Sponsor
Spotlight
We are 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!
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.
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GMOs
and Pesticides Under Attack by Activists on the
Hawaiian Island of Kauai
When
you mention Hawaii, you think of many things-
paradise, surfing, pineapples, Pearl Harbor,
volcanoes, hula girls and the list can go on and
on. But, few people consider Hawaii as an
agricultural battleground state. But, over
the last couple of years, Hawaii has become just
that as those who fear modern production
agriculture have focused their wrath on the seed
production industry that is the largest
agricultural enterprise in the Hawaiian islands.
GMO Seed Corn production is the largest part of
that industry- and is found on Kauai, Oahu,
Molokai and Maui. Kirby
Kester, Applied Genetics Manager with
BASF in Koloa on Kauai tells us that the US corn
farmer on the mainland has a lot at stake
since "over 90 percent of those traits or
the hybrids they are buying are coming through
Hawaii" at some point in the development
of those traits.
BASF, DuPont Pioneer,
Syngenta and Dow Chemical are among the
agricultural companies on the west side of Kauai
that have taken over a significant part of an old
sugarcane plantation- keeping in operation a
hundred year old irrigation system that brings
water from one of the wettest places on earth-
Mount Waialeale- down to the arid west side of the
island. Kester is the farm manager for the
BASF operations that raises several crops under
stringent controls that regulate any drift of
pollen, drift of chemicals as well as any plant
materials contaminating any other farm
operations. Corn, soybeans, canola,
sunflowers and rice are among the crops that BASF
grows in cooperation with partners from not just
the US but from several other countries as well.
The battleground status has come into play
as the local county governments of Kauai and
Hawaii (the big island) have been considering
local regulations that could cause a lot of
heartburn for the modern agricultural practices
these companies utilize. The focus on the Big
Island of Hawaii has been on GMO papayas since no
major seed company has a presence on that island
while the focus on Kauai has been to tighten
regulations and make it hard for the companies to
continue to operate- zeroing in on GMOs and
pesticide use. A county of Kauai proposal, Bill
2491, has become the focal point of the opposition
to agricultural production on the island- and
passed in a modified version this past Friday at
the Committee level. The full Board of County
Commissioners will consider the measure, but no
date has been set on that consideration.
We
have more on this story on our website- an audio
interview with Kirby Kester of BASF, links to the
pro and anti Bill 2491 forces and even some
pictures we took while touring the BASF Hawaii
facility. Click here for our story and
these links.
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Ag
Panel Explores Ways to Improve Customer
Protections, Avoid Another MF
Global
Yesterday,
Congressman Mike Conaway,
Chairman of the House Agriculture Subcommittee on
General Farm Commodities and Risk Management, held
a fourth hearing on the future of the Commodity
Futures Trading Commission (CFTC) in advance of
writing legislation to reauthorize the agency. The
purpose of this hearing was to explore ways to
improve customer protections and understand how
best to avoid or prevent the collapse of another
futures commission merchant (FCM) that
disproportionately impacts farmers and ranchers in
light of the failures at MF Global and PFG
Best.
"We
must ensure that whatever regulatory regime the
CFTC moves to put into place to protect our
farmers, ranchers and co-ops in the future works
well for all involved in the market by reducing
risk and protecting customer funds without
significantly raising the price of doing business.
But, as we continue to place burdens upon the CFTC
to do more and to do better, we must also ensure
they have adequate fiscal support to do the tasks
they're charged with," said Ranking Member
David Scott
(D-GA).
This is expected to be the
final hearing in the series on the future of the
CFTC. The first one was a full committee hearing
to gain perspectives from the market. The last two
were subcommittee proceedings to hear from the
CFTC Commissioners and end-users
directly.
You
can read more of this story and find links to all
the witnesses' testimony by clicking here.
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Stocker
Production Opportunities Increasing with Feeder
Prices, Peel Says
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow-Calf Newsletter:
The
ingredients for the best winter wheat grazing
opportunity in several years seem to be coming
together this fall. Most all of Oklahoma has
received significant rain in the past two weeks.
The rain is sufficient, in most cases, to get
wheat planted and up. However, according to the
Oklahoma Mesonet, the rainfall total for the last
30 days is below average so additional timely
moisture will be needed to maintain the
crop.
The latest Cattle
on Feed report jump-started both cash and cattle
futures markets as markets anticipate sharply
lower fed cattle and beef production beginning in
the fourth quarter. Feeder cattle prices have
continued to move higher, with heavy feeders
advancing to record levels the past week. Higher
Live Cattle futures and lower corn costs as corn
harvest progresses continue to support feeder
prices. There has been relatively less strength on
light weight feeders (steers below 600 pounds). In
fact, for the past two weeks, Oklahoma combined
auction data has steers between 550 and 600 pounds
at a lower price than 650 pound steers. While
feedlot demand for feeders is strong, it does not
extend to steers less than 650 pounds. At the same
time, these 550-600 steers are bigger than
traditionally demanded by stockers resulting in
the weak demand for these steers that are too big
for stocker demand and too small for feedlot
demand. There is opportunity in this for stocker
producers as these bigger stockers offer the
highest value of gain for stocker production.
Click here for more from Derrell
Peel.
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Congressional
Report Touts Importance of Agriculture
Exports
A
report released this week by the Joint Economic
Committee of the U.S. Congress cites the
importance of agriculture - and agricultural
exports in particular - to the American economy.
The report, titled "The
Economic Contribution of America's Farmers and the
Importance of Agricultural Exports," notes
that the United States is the world's leading
exporter of agricultural products, with a record
$141.3 billion exported in 2012 and a $38.5
billion trade surplus for the year for the
agriculture sector.
While those totals are
impressive, the report also notes that although
agriculture has accounted for less than 5 percent
of the United States' gross domestic product (GDP)
from 2007 through 2011, agricultural products as a
share of total exports hovered around 10 percent.
There is more of this story and a link to
the full report on our website. Please click here to go there.
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Colin
Woodall of NCBA Talks Government Shutdown Impacts
on Beef Cattle Industry
As
we hit day three in the federal government
shutdown, there are services that are important to
the beef cattle industry that continue to operate-
and others that are now on hold. On the latest
Beef Buzz, Colin Woodall, Vice
President of Government Affairs, talks about the
government shut down and the effect that will have
on the priorities for cattle producers across the
US that he represents in
Washington.
Woodall also says that running
along side the federal government shutdown is the
rise of Permanent Farm Law being in effect again-
and that raises the stakes on the need to get a
2013 Five Year Farm Bill complete.
Join us
for the Beef Buzz by clicking here.
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This
N That- Tulsa State Fair, Canola Crop Insurance
Mess and All Ag All Day
Lots
of you are already at the Tulsa State
Fair- and we plan on joining you a little
later on today- as the Junior Livestock Market
Show continues- and will culminate with the Night
of Champions event this evening at 7:00 PM.
With
the Champions all being named this afternoon and
evening- the sale of the top animals at this
year's Tulsa State Fair takes place at 11:00 AM
tomorrow morning.
We'll
be hanging around the barns today and tomorrow
offering coverage via Twitter, our App, our
Website, our Radio reports and even on News on 6
in Tulsa.
**********
There
are still just 11 counties that the Risk
Management Agency of the USDA has approved for
winter canola crop insurance- any producer wanting
crop insurance for their canola outside of those
counties has to submit a written request with lots
of documentation attached- those written apps went
in back in August- really should have been
approved by early September- but there are still
many canola farmers across the southern plains
that are waiting for RMA's blessing. Of
course, now that blessing is being delayed by the
Federal government shutdown/slowdown. And
the window to plant winter canola and comply with
the RMA planting rules is will soon close- the
planting window set by RMA is September 10 through
Pctober 10.
One
producer that is frustrated with the mess is
Jimmy Kinder of Walters- he
tweeted early this morning "Canola Crop
Insurance Deadline for planting is the 10th. Still
don't know if I have crop insurance coverage.
Planting anyway!"
**********
For
those of you that live in central/northcentral
Oklahoma, you may at one point or another- may
have listened to us on the All Ag All Day station
that was primarily programmed by our friend and
colleague Tony St James of
Floydada, Texas. We had about a dozen
reports on there daily and had started an hour
long show at 12:05 pm weekdays back at the start
of summer.
Well,
the station(KOAG) all of this was on is at 1640 on
the AM dial- and their owners have decided to flip
the format from the all agricultural information
format to Oldies music. We are told that our
reports will continue- and that they will pick up
the hour long show again in a week or two- so we
shall see. There were technical and content
issues with the programming coming from Texas- but
we hate to see that attempt fail after only being
on the air for nine months.
We'll
let you know how that goes- in the meantime- we
believe that the midday hour long radio/audio
format is worthy of our time and effort- and will
be looking for ways to develop that in the days
ahead- your input will be appreciated.
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We
also invite you to check out our website at the
link below to check out an archive of these daily
emails, audio reports and top farm news story
links from around the globe.
Click here to check out
WWW.OklahomaFarmReport.Com
God Bless!
You can reach us at the following:
phone: 405-473-6144
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