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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
$9.03 per bushel- based on delivery to the Northern AG
elevator in Yukon Friday. 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
Monday, October 7,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Grand
Champion Steer at Tulsa State Fair Sells for
$35,000 for Second Year in a Row
The
top animals that were shown at the 2013 Junior
Livestock Show at the Tulsa State Fair were
showcased on Friday morning at the Premium Sale of
the cream of the crop of the show. As is
tradition, the Grand Champion Steer led off the
2013 sale, and the winning bid came from a
partnership of players, including one gentleman
who due to bad health could not be at the sale on
Friday. Longtime banker L C Neel
was mentioned as one of the buyers of the Grand
Champion Steer that went for $35,000 (same price
as a year ago). Other buyers of the top steer were
the Tulsa State Fair Ringmasters
and Murphy Brothers Exposition-
who have the rights to the amusement rides at the
fair and have been a regular supporter of the
Premium Sale for many years.
The
owner of the Steer is Baylor
Bonham of Newcastle 4-H- we talked with
this seventh grader about his big payday- and you
can hear our visit with Baylor and get the rundown
on the prices paid the buyers who paid those
prices by clicking here for our top ag
story on our website.
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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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It
takes a tremendous investment of time and
expertise to bring to bring off a top-notch
livestock show. Two men who consistently
made that investment in hog shows at the Tulsa
State Fair in the fall and the Oklahoma Youth Expo
in the spring are Roy Lee Lindsey
and Jerry Fitch.
I
spoke with them both at the Tulsa State Fair and
Lindsey says the investment he's made in the
market barrow shows pays off year after year in
helping bright young people who love to work with
hogs.
"If
you can start today with these kids who are
already raising show pigs, that are already around
them every day, these kids already have a passion
for hogs. You don't rise to the top with the
kids here at the Tulsa State Fair without having a
passion for doing it."
He
said that passion translates into producing hogs
that would show favorably at any show across the
U.S. and even the world. He said he wants to
do everything he can to encourage kids with this
ability to consistently produce such high quality
hogs to take their passion and expertise to the
next level by working in the pork industry.
(You can listen to more of my
interview with Roy Lee Lindsey by clicking here.)
We'll
have our conversation with OSU's Jerry Fitch
tomorrow morning in our Tuesday email- and find
out what drives Dr. Fitch to do what he does on
behalf of the youth of Oklahoma.
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Potential
Industry for Eastern Red Cedar to be
Discussed
The
Aromatic Cedar Association (ACA) has a vision.
During a meeting in 2008, the group stated by 2013
"Manufacturing cedar products has become one of
the top 10 industries in Oklahoma."
"As we
look around today we can see a number of existing
industries or operations potentially coming to the
state that would utilize the red cedar," said
Craig McKinley, ACA board
president and retired Oklahoma State University
Cooperative Extension forestry specialist. "We
currently have very successful mulch operations
and there are several entities looking at pellet
production, methanol/ethanol production, charcoal
facilities, etc. However, red cedar is far from
being a top 10 industry."
In an attempt to
boost the industry and educate landowners on the
opportunities and options available, the ACA is
hosting its annual Cedar Summit at the Enid
Convention Hall, 301 S. Independence Rd, Oct. 12.
Click here for more
details.
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Farm
Issues Taking Back Seat During Government
Shutdown, Congressman King
Says
With
the federal government shutdown now in its fourth
day, it is practically overshadowing every other
issue awaiting action on Capitol Hill. Veteran
farm broadcaster Ken Root
interviewed Congressman Steve
King about legislation of particular
interest to farmers and ranchers that has been
eclipsed during the current budget impasse. (Root
is originally from Oklahoma. You can hear the full
interview by clicking here.)
King said
he doesn't believe the farm bill is currently
being used as a bargaining chip in budget
negotiations.
"With all the drama going on
here, I don't get the sense the farm bill is being
held as a bargaining chip. Right now there's just
so much clutter, to be able to sit down and
negotiate on the farm bill, it would be pretty
hard to pay attention. Yes, we should be able to
multi-task on this and John Boehner, as yet as far
as I know, has not named the conferees on the farm
bill. When that happens, we'll go to work anyway
whether we're distracted or not."
King said
that as legislators now begin looking at
increasing the debt ceiling in addition to the
stalled continuing resolution, he doesn't think it
is wise for Speaker Boehner to say he will use
Democrat votes to increase the debt
ceiling.
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Five
Basic Principles Increase Soil Health for Forage
Production
Pasture
and Range Consultant Chad Ellis
writes in the latest Samuel Roberts Noble
Foundation Newsletter:
Are you a
cattle manager, a grass manager or a soil manager?
Many cattlemen view livestock as their base crop
through the sale of beef. Others view grass as
their base crop. While management of breeding,
vaccinations and marketing is important, all
livestock need forage to produce pounds of beef.
This forage is, in turn, heavily dependent on the
health of the soil. Consequently, the management
of soil health, specifically the biological
components, is of vital importance to producers as
it is the dynamic resource that supports plant
life.
As managers, we often focus on
managing the aboveground production in our
pastures while paying little attention to what
happens belowground. Microbial action in the soil
builds natural fertility that increases plant
production. Sound grazing management is the art of
capturing sunlight and water while recycling the
aboveground parts of the plant through livestock.
The animal eats a portion of the plant which is
then deposited as urine and manure. The remainder
of the plant is trampled into the ground to begin
decomposition into the soil. This feeds the soil
microbes that in return feed the plant. The
manure, plant organic matter and carbon dioxide
captured from the air by the plant combine to
build a carbon bank in the soil that holds water
and nutrients for plant use.
Building soil
health can be accomplished by employing five
principles. You can read about them by clicking here.
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Monsanto
Acquires Weather Data Company The Climate
Corporation
Monsanto
announced this week it has acquired The Climate
Corporation for $930 million. Climate Corp, as the
company formerly known as Weatherbill is now often
called, offers insurance against weather-related
catastrophes direct to farmers and others online.
The company uses data to measure
temperature, rainfall and other factors, the
information and expertise was highlighted by
Monsanto's chairman and CEO Hugh
Grant in a statement on the purchase.
"The Climate Corporation is focused on
unlocking new value for the farm through data
science," he said, noting that, "everyone benefits
when farms are able to produce more with fewer
resources."
You
can read more of this story on our website by clicking
here.
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Trade
Troubles Brewing with Panama
The U.S. Grains Council says an
unsettling trade barrier is brewing in Central
America. The Panamanian government has published
the regulations governing quota administration for
powdered milk, rice and corn - which are all
governed by the auction system as part of the
Panama-U.S. Trade Promotion Agreement. According
to the Grains Council - Panama's government has
exploited a loophole in the agreement and closed
the imports of U.S. corn for three and-a-half
months at the beginning of 2014. The Council
immediately began working with the U.S. Trade
Representative, USDA's Foreign Agricultural
Service in Panama, the Panamanian government and
the Panamanian poultry industry to find
resolution. While the hope is to resolve the issue
informally - the Grains Council notes key
employees of the USTR and FAS-Panama are unable to
do their job in keeping markets open for U.S.
products because of government
furloughs.
Panama produces approximately
85-thousand metric tons - or 3.3-million bushels -
of corn annually. They import 350-thousand tons -
or 13.8-million bushels each year. The Panamanian
government has historically closed the market each
year to imports from January to April - but the
Grains Council says it was believed that under the
FTA - this pattern of closing the market would no
longer be acceptable. The market was not closed
for corn imports in 2013. USGC Director of Trade
Policy and Biotechnology Floyd
Gaibler says the time period the
government has chosen to close the market
coincides with the harvest of the local corn crop
and is an obvious effort to subvert the FTA in
order to protect local corn producers and force
the Panamanian feed industry to buy local corn. He
says the regulation goes against the spirit of the
FTA and creates a tremendous burden on the local
livestock industry. Gaibler says the FTA was
intended to simplify trade - but the Panamanian
government has set up several technical barriers
which make the situation worse for the feed
industry, increasing the cost of importing U.S.
corn and actually making U.S. corn less
competitive. The
Grains Council will actively pursue this issue
despite the government shutdown. The Council says
this issue highlights the importance of USDA and
USTR to the agricultural community in helping to
protect and enforce existing trade
agreements.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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