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weekdays- if you missed this morning's Farm News - or
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Let's Check the Markets!
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 $9.13 per bushel- based on
delivery to the Northern AG elevator in Yukon last
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
Presented
by
Your
Update from Ron Hays of RON
Monday, November 18,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Tom
Buchanan of Jackson County Elected President of
Oklahoma Farm Bureau
The
second time was the charm for the new President of
the Oklahoma Farm Bureau, Tom
Buchanan of Jackson County. After two
ballots on Saturday at the 72nd Annual Convention
of the Oklahoma Farm Bureau, Buchanan and the
delegates and guests heard his name called by the
afternoon chair of the organization, Jimmy
Kinder. It was the second time that
Buchanan had run for the top job elected position
with the general farm organization- falling short
two years ago.
In
his nomination speech to Farm Bureau delegates,
The 57 year old Buchanan spoke of the values of
hard work he learned from his family growing up,
of being drawn back after college to southwestern
Oklahoma where he grew up and getting involved in
farming, of his involvement with the Lugert-Altus
Irrigation District as well as his understanding
of Farm Bureau insurance issues, which he reminded
delegates was the "cash cow" for the farm
organization.
Buchanan currently
operates a beef cattle operation and also raises
winter wheat and has been an irrigated cotton
farmer in southwest Oklahoma when irrigation has
been available.
Buchanan highlighted
his understanding of water issues as the current
Vice Chairman of the Oklahoma Water Resources
Board to the delegates. On the OWRB, he represents
irrigation water use interests. Buchanan is an At
Large member and his term on the Water Board
expires in May 2018.
You
can read more about this election- and hear our
brief conversation with Buchanan as well wishers
surrounded him on Saturday afternoon once the
results of the race had been announced- click here to check that out.
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Farm
Bureau Delegates Set Wide Ranging Policy Positions
for Grass Roots Group
Delegates
to the 2013 Oklahoma Farm Bureau set state policy
for the group and approved national policy
resolutions that will be carried on to the
American Farm Bureau resolutions Committee that
will be meeting next month in advance of the 2014
AFBF Convention in San Antonio.
A
wide array of policy positions were reaffirmed or
set for the first time- including Oklahoma Farm
Bureau taking a stand against the Affordable
Health Care Act- or Obamacare. Other
positions established by the group included
support for updating Permanent Law within the Farm
Bill, Aggressive Expansion of CNG refueling
stations across the state, ending the exemption
from the gross production tax for horizontal
drilling- saying that this technology is no longer
new and does not need the tax incentive and
support for researching the economic and physical
feasibility of transferring surface water from
excess supply areas to water deficient areas of
the state.
In
all, about 80 resolutions were approved by the
Delegates that came from all 77 counties of the
state-
click here to read our story that offers a fuller
list of what was approved or rejected on
Saturday.
Two
Farm Bureau internal issues took up a great deal
of the time spent in deliberating resolutions on
Saturday- one resolution that was defeated that
would have considered the establishment of a new
Ag Advocacy Group within Farm Bureau while a
second resolution that was strongly supported
regarding the renaming the Farm Bureau Leadership
Team- formerly known as the Oklahoma Farm Bureau
Women's Committee. You can read more about
these issues in the resolutions story we linked to
above.
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EPA
Proposes 2014 Renewable Fuel Standards, Seeks
Input to Address 'E10 Blend
Wall'
The
EPA on Friday issued a rule proposing
to lower the Renewable Fuels Standard (RFS)
mandated by Congress requiring the blending 18.15
billion gallons of ethanol and biodiesel into the
nation's fuel supplies to 15.21 billion
gallons.
"Biofuels
are a key part of the Obama administration's 'all
of the above' energy strategy, helping to reduce
our dependence on foreign oil, cut carbon
pollution and create jobs," said EPA administrator
Gina McCarthy.
The
proposal seeks comments on setting the ranges of
different types of ethanol and biodiesel to meet
the proposed total volume.
Nearly
all of the gasoline sold in the U.S. contains 10
percent alcohol. Better fuel economy and
lower consumption of gasoline now means a higher
percentage of ethanol would have to be added to
reach the RFS volume targets.
In
2010, the EPA approved the use of E15, fuel
containing 15 percent alcohol by volume.
Once
Friday's rule is published in the Federal
Register, the EPA will accept comments on the rule
for 60 days.
Click here for more on this story
and a link to more information from the EPA.
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Stabenow,
Vilsack Respond to EPA's Proposal to Lower RFS
Volumes
Reaction
to the EPA's proposal to lower the volume of
biofuels required under the Renewable Fuel Standad
drew reaction from Capitol Hill.
U.S.
Senator Debbie Stabenow,
chairwoman of the Senate Agriculture Committee,
blasted the proposal as a capitulation to the oil
industry.
""The
so-called blend wall is a crisis manufactured by
the oil industry, which is interested in
eliminating the competition so they can continue
reaping even greater windfall profits. The
proposed rule could cost thousands of good paying
clean energy jobs and mean less competition at the
pump. I urge the administration to take a hard
look at how this could seriously set back growth
at a crucial time when tremendous progress is
being made toward commercial-scale production of
advanced biofuels." (You can read more from
Senator Stabenow by clicking here.)
Agriculture
Secretary Tom Vilsack's response
was more muted, walking a fine line between
supporting agricultural producers and the Obama
administration's EPA.
"I
am pleased that EPA is requesting comments on how
we can help the biofuels industry expand the
availability of high-ethanol blends, and I hope
the industry uses the comment period to provide
constructive suggestions. Together, we will be
able to chart a path forward that maintains
President Obama's strong commitment to an "All of
the Above" energy strategy for our nation."
(Click here for more from
Secretary Vilsack.)
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Proposed
Reduction in Biofuels Requirement Pits Biodiesel
and Ethanol Producers Against Animal
Ag
The
EPA's proposal Friday to reduce the volume of
biofuels required for the nation's fuel supplies
set agricultural groups at odds with one
another.
Bob
Dinneen, President and CEO of the
Renewable Fuels Association (RFA), said: "By
re-writing the statute and re-defining the
conditions upon which a waiver from the RFS can be
granted, EPA is proposing to place the nation's
renewable energy policy in the hands of the oil
companies. That would be the death of innovation
and evolution in our motor fuel markets, thus
increasing consumer costs at the pump and the
environmental cost of energy production. This
proposal cannot stand." (Click here for more from Bob
Dinneen.)
"This
proposal, if it becomes final, would create a
shrinking market, eliminate thousands of jobs and
likely cause biodiesel plants to close across the
country," said Anne Steckel, vice
president for federal affairs with the National
Biodiesel Board. "It also sends a terrible signal
to investors and entrepreneurs that jeopardizes
the future development of biodiesel and other
Advanced Biofuels in the United States." (You can
read more from Anne Steckel by clicking here.)
Various
farm and crop groups from the American Farm Bureau
Federation to the American Soybean Association
voiced their displeasure with the
proposal.
"This
decision strikes a blow to conventional ethanol
production as well as dampens the prospects for
advanced biofuels," said American Farm Bureau
Federation President Bob
Stallman. "The ethanol industry,
from farmers to investors and everyone in between,
needs stability and certainty." (Click here to read more of his
statement.)
Animal
agriculture groups who rely on low-cost feed
grains were on the other side of the fence, and
were pleased with the EPA's proposal. A
statement from a coalition of animal agriculture
groups said: We appreciate this action as it
acknowledges a problem exists with the current
policy. The inflexible RFS mandate continues to
have a detrimental impact on the economy and makes
feeding animals risky because our industries are
not competing on a level playing field. (Click here to read more and to
see a full list of coalition members.)
Other
groups issued statements as well. Click on
their names to read their statements:
Advanced Ethanol Council
American Soybean
Association
Growth Energy
National Corn Growers
Association
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FSA
Advises Producers to Anticipate Payment Reductions
Due to Mandated Sequester
USDA's
Farm Service Agency (FSA) is reminding farmers and
ranchers who participate in FSA programs to plan
accordingly in FY2014 for automatic spending
reductions known as sequestration. The Budget
Control Act of 2011 (BCA) mandates that federal
agencies implement automatic, annual reductions to
discretionary and mandatory spending limits. For
mandatory programs, the sequestration rate for
FY2014 is 7.2%. Accordingly, FSA is implementing
sequestration for the following
programs:
Dairy Indemnity Payment Program;
Marketing Assistance Loans; Loan Deficiency
Payments; Sugar Loans; Noninsured Crop Disaster
Assistance Program; Tobacco Transition Payment
Program; 2013 Direct and Counter-Cyclical
Payments; 2013 Average Crop Revenue Election
Program; 2011 and 2012 Supplemental Revenue
Assistance Program; Storage, handling; and
Economic Adjustment Assistance for Upland
Cotton.
Conservation Reserve Program
payments are specifically exempt by statute from
sequestration, thus these payments will not be
reduced.
Click here to read more of this
story.
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Oklahoma
Farm Bureau Farm Family of the Year- John and Macy
Strom of Washington County (and Links to Other
Awards Handed Out at OFB)
John
and Macy Strom of Washington County were
named Farm Family of the Year this past Friday
night during the 2013 annual convention of the
Oklahoma Farm Bureau.
The
Stroms were one of six OKFB district farm family
finalists, chosen for their ability to best
represent farming and ranching and the spirit of
Oklahoma agriculture.
The Stroms operate VV Ranch in Osage County.
They raise a commercial cattle herd on the
tall grass prairie of northern Oklahoma.
They use Hereford bulls on black cows to
produce a two-way cross. The cows are then
bred to exotic bulls for terminal three-way
crossbred calves with high weaning weights.
The couple also runs stocker cattle on winter
pastures. In addition to the cattle
operation, the Stroms have a custom hay business
producing 4,000 large round bales
annually.
Click here for more on their
selection as Farm Family of the year. Other
winners announced Friday night by yours truly as
the emcee of the Farm Bureau Denims, Diamonds and
Desserts event- (click on the name of the winner
to jump to the story on the Farm Bureau
website) Charles Sloan, OFB
Distinguished Service Award
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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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