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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!
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.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported by the
Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash
price for canola was $10.52 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
Presented
by
Your
Update from Ron Hays of RON
Friday, November 22,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Failure
to Launch- Farm Bill Discussions Falter Ahead of
Thanksgiving
A
lot of folks had high hopes that the "Big Four" ag
leaders working on a farm bill deal within the
Farm Bill Conference Committee would get a
framework of a deal done by the end of this
week.
It
didn't happen.
And
now- the Chairman of the House Ag Committee and
the Chairman of the Farm Bill Conference, Oklahoma
Third District Congressman Frank
Lucas told Politico that "it will be
challenging" to get a bill done in time for a
House vote before December 13th- the date that
Speaker John Boehner has set as
the final day of business planned in the House for
2013.
It's
reported that the four key leaders- Lucas, House
Ag Committee top Democrat Colin
Peterson, Senate Ag Committee Chair
Debbie Stabenow and her ranking
member Thad Cochran- met for over
an hour on Thursday morning- then got back back
behind closed doors for about a half an hour
before calling it quits.
Chairman
Lucas says that member meetings are done for the
week- but that staff will keep talking between the
House and Senate.
Apparently-
the two sticking points continue to be how to
structure a federal farm safety net as well as how
deep the cuts will be in the nutrition title of
the Conference Report.
David
Rogers of Politico has a good article
summarizing the woes of Chairman Lucas-
click hear to read more.
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Jim
Robb Previews November Cattle on Feed Report
Later
today, the November 2013 Cattle on Feed report
will be released by the USDA- and most market
analysts are expecting on feed numbers to be well
under November first of 2012. According to DTN, a
range of analysts surveyed have predicted an "on
feed" number of from five to eight percent under
that of last year.
On today's Beef Buzz- we
have Jim Robb with the Livestock Market
Information Center based in Denver. Robb offers
his thoughts on what the report may say- given
current cattle conditions across the
country.
USDA will release the report at
2:00 pm central this afternoon, November 22,
2013.
Click here to go and hear Jim
Robb and get his take on today's report.
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Roy
Lee Lindsey Named to Task Force to Help Cast
Vision for Pork Industry
The
National Pork Board has named a new task force
that will examine consumer needs, animal care,
sustainable pork production and other current
challenges facing the industry to define a future
vision of the Pork Checkoff and, on a larger
scale, the entire pork industry. Among the
appointees to this task force- the Executive
Director of the Oklahoma Pork Council- Roy Lee
Lindsey, Jr.
Beginning December 2013
the yearlong planning process will review
research, market data and opinions of industry
leaders to set a strategic vision that will carry
the organization from 2015 through 2020. The
primary goal is to assess the Pork Checkoff's role
in an ever-changing world and set the priorities
that can help pork producers better meet customer
needs.
The
plan that these folks offer up will replace the
document that was developed back in 2008.
To
learn more about their plans- and to see a list of
folks that Roy Lee will be working with- click here.
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White
House Rural Council Offers Up Report Calling for
New Farm Bill
In
June of 2010, the Obama Administration began
providing input to Congress regarding the
prospective features and policy of contents for a
reauthorized farm bill. Over a period of more than
three years, the Administration has supported
reauthorization efforts aimed to help build a
better safety net for farmers and families, and to
build a better farm, food, and energy policy for
the nation.
However, 43 months later
and despite the best efforts of many in Congress,
work on re-authorization on the Farm Bill remains
incomplete. While some programs have been simply
extended, others remain either unfunded,
unauthorized, or without enactment of needed
reforms.
The Administration has made
clear that passing a comprehensive farm bill is a
priority, and of importance for every American.
The White House today is releasing a new report,
which explains what is at stake in this
debate.
Click here to read our summary of
the report- and we also have a link there to the
full report assembled by the Obama
Administration.
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Wheat
Prices Set Right on a Support Level- Kim Anderson
Explains All
"What
goes up must come down" is a phrase that we have
all heard for most of our lives- and that adage
has apparently happened in our wheat market over
the last few months. In his regular segment on the
SUNUP program seen on OETA each weekend,
Kim Anderson with OSU discusses
how the hard red winter wheat market jumped up by
about seventy cents a bushel in late September
into early October- and then has tailed off since
that time.
Anderson says currently the
market is close to support levels at just under
seven dollars a bushel- basis the Kansas City
March HRW futures. He believes that the support
level will hold- but if the market should close
under $6.94 in that contract- there is a good
chance that the wheat market could retreat about
thirty five cents a bushel. He believes a more
likely scenario is that the March contract will
stay above that support level- and that the market
will wallow around and perhaps drift a little
higher in the weeks ahead.
Click here to jump to our report
where you can hear Dr. Anderson's remarks that
will be seen this weekend on
SUNUP.
In
this story- we also have the run rundown on this
weekend's SUNUP as hosted by Lyndall
Stout- and seen across Oklahoma on
OETA>
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Baylor
Bonham Shows Reserve Grand Champion Steer in
Louisville at NAILE
Six
young people from six states sold six Champion and
Reserve Champion animals for a total of
$96,000. Home base for the six youngsters
who were featured in the sale included New Mexico,
Indiana, Arkansas, Minnesota, Nebraska and
Oklahoma.
Representing Oklahoma in the
NAILE Sale of Champions was Baylor
Bonham of the Newcastle 4-H. Baylor
had the reserve Champion Crossbred and the Reserve
Grand Champion Steer of the entire show- with his
animal bringing $21,000.
Earlier this
fall, Baylor showed the Grand Champion Market
Steer at the 2013 Tulsa State Fair. Baylor
saw his top steer in Tulsa bring $35,000.
Click here for more details about
the six top animals shown in the junior market
show at this year's NAILE in Louisville,
Ky.
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WRRDA
Conference Kicks Off as Congress Winds Down Ahead
of Thanksgiving
Formal
negotiations on water resources development
legislation are underway. A conference meeting was
held Wednesday to start working out the
differences between Senate and House bills that
seek to reauthorize water resources development
programs. The plan is to finish the legislation by
the end of the year. While the measures passed by
the House and Senate carry different names - both
would allow the U.S. Army Corps of Engineers to
develop, maintain and support the nation's vital
port and waterways infrastructure needs and
support effective and targeted flood protection
and environmental concerns. On Wednesday -
conferees offered opening statements to make
policy points. Representing Oklahoma in the
Conference room is Markwayne
Mullin.
Louisiana's
David Vitter - Ranking Member of
the Senate Environment Committee - said the bill
passed by the Senate could create up to
500-thousand jobs. Chairman of the House Natural
Resources Committee Doc Hastings
expressed concern about the oversight of federal
water projects - specifically dams. He said the
Senate's bill would give the Corps broad
discretion to change project purposes without
congressional approval - while the House bill
would keep that authority within Congress.
According to Hastings - Congress shouldn't forfeit
its responsibility to ensure billions of taxpayer
dollars that flow to these multi-purpose projects
are managed responsibly.
The
House measure is known as the Water Resources
Reform and Development Act. The Senate measure is
the Water Resources Development Act. The Senate
bill does also include language to modify the
Environmental Protection Agency's Oil Spill
Prevention, Control and Countermeasure rule. The
EPA regulation currently affects any facility with
a fuel storage capacity of more than 1,320
gallons. Among other things- the provision in the
Senate bill provides an immediate six-thousand
gallon exemption.
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God Bless!
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phone: 405-473-6144
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