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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.
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 $10.82 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 Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap- Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
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,
March 21,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
-- Yesterday was OSU Day while
Today is Grand Champion Drive Day at the
OYE ( Jump to
Story)
-- Ag Committee Approves Bipartisan
Legislation to Tweak Dodd-Frank Act ( Jump to Story)
-- 2012 Peanuts Need to Move Out to Make
Way for This Year's Crop, Tyron Spearman Says ( Jump to Story)
-- Avoiding Body Condition Loss Critical
for Maximum Rebreeding Efficiency ( Jump to Story)
-- Cattle Raisers Convention Set to Kick
Off in Ft. Worth ( Jump to
Story) | |
Featured
Story:
Yesterday
was OSU Day while Today is Grand
Champion Drive Day at the Oklahoma Youth
Expo
All
four species of the market animals that are the
heart of the "World's Largest Junior
Livestock Show" were showing on
Wednesday- and will continue on Thursday morning
as the 2013 edition of the event roars toward
tonight and a tremendous celebration of dozens of
scholarship award winners, the red carpet arrival
of the young men and ladies who will show for the
Grand Champions of the market animal division and
the selection of those Grand Champions- the
animals that will lead off the Sale of Champions
that happens tomorrow- Friday- at 4 PM.
We
have the market barrow results through last night
as we email you this morning- click here for the six breed
champions and the reserves that have been picked
thus far. The others will be added to our
Blue Green Gazette section of our website as they
come to us from the media team at the OYE.
Click here for the Blue Green
Gazette web section to keep up with our latest
posts.
We
talked yesterday with Dr. Clint
Rusk- head of the Animal Science
Department at Oklahoma State University as the OSU
day festivities were winding down on Wednesday
afternoon. You can hear our visit with Clint about
OSU's involvement with OYE- how he sees OYE as a
key part of the animal agriculture industry in the
state and more- click here to jump to our website
and take a listen.
Be
sure and check our updates on the Blue Green Gazette through
the day and this evening as the show moves quickly
to a conclusion by sunset tonight. We will
be featuring the Grand Champions from the 2013
show tomorrow morning in our daily email.
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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.
It is
great to have as a regular sponsor on our daily
email Johnston Enterprises- proud
to be serving agriculture across Oklahoma and
around the world since 1893. Service was the
foundation upon which W. B. Johnston established
the company. And through five generations of the
Johnston family, that enduring service has
maintained the growth and stability of Oklahoma's
largest and oldest independent grain and seed
dealer. Click here for their website,
where you can learn more about their seed and
grain businesses.
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Ag
Committee Approves Bipartisan Legislation to Tweak
Dodd-Frank Act
The
House Agriculture Committee approved seven
legislative proposals amending Title VII of the
Dodd-Frank Wall Street Reform and Consumer
Protection Act. The bills are the culmination of
the committee's oversight efforts of the Commodity
Futures Trading Commission (CFTC) as it writes
rules for Dodd-Frank. All but one of the bills
advanced on a voice vote. H.R. 992, the Swaps
Regulatory Improvement Act, was approved by a vote
of 31-14.
"I appreciate the bipartisan
leadership of my colleagues on the bills that
advanced today. Our effort is to ensure that
America's job creators - our farmers, ranchers,
small businesses, government utilities, and
manufacturers - are not overburdened by financial
regulations. Without these important changes,
regulations could deter businesses from hedging
against risk, which is contrary to the purpose of
financial regulatory reform," said Chairman
Frank Lucas.
Among
the bills approved were:
H.R.
634, the Business Risk Mitigation and Price
Stabilization Act, ensures that end-users can
continue to use derivatives to manage business
risks without being subject to costly margin
requirements.
H.R. 677, the
Inter-Affiliate Swap Clarification Act, ensures
that transactions between affiliates within a
single corporate group are not regulated as
swaps.
Click here to see
more.
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Preserving
Genetics of Utmost Importance During
Drought
Headed
into its third year of extreme drought in
northeast Kansas, Barb Downey of
the Downey Ranch says they have compiled some
solid strategies for dealing with Mother
Nature.
"As a cow-calf operation, our
primary interest is in, A) preserving our
resources and making sure we have that grass in a
good state to recover when we do start getting
rain and our second priority is preserving that
cow herd and preserving that genetic investment
we've worked so hard to make over the last many
years."
In an effort to keep as many mature
cows as possible, she says, last fall they weaned
calves three months earlier than
usual.
"What that does is remove pressure
on the grass; the cow's energy demands go down by
about a third. Her grazing pressure does indeed go
down and, of course, her water consumption goes
down."
You can read more or watch the video
version of this story by clicking here
. |
Last
Year's Peanuts Need to Move Out to Make Way for
This Year's Crop, Tyron Spearman
Says
Attendees
at last week's Peanut Expo at Quartz Mountain
heard from Tyron Spearman, editor
of the Peanut Farmer Magazine and the Peanut
Newsletter, that 2012 was a pretty good growing
season nationally as well as here in Oklahoma. He
said high yields have left the industry with a
problem as planting season approaches. The problem
is trying to get this year's surplus moved out
ahead of next year's crop.
"We are moving
as fast as we can. Shellers are operating at
capacity right now. The export market is bumped up
and stepping up and buying peanuts, not only in
Europe, but also in China which is the first time
we've been able to tap that
market."
Spearman believes that Oklahoma
peanut farmers have a good chance to get decent
contracts for the 2013 growing season.
You
can read more of this story by clicking
here.
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New
Waterway Bill Addresses Critical
Needs
The
recently introduced Waterways are Vital for the
Economy, Energy, Efficiency and Environment Act of
2013 (WAVE 4) will address the critical needs of
the inland waterways system, create American jobs,
foster growth in U.S. exports and continue to
encourage the economic benefits that the nation's
waterways generate, according to Farm Bureau.
"Construction, dredging and repairs to our
locks and dams will help ensure the reliability of
the most affordable, energy-efficient and
environmentally sustainable mode of transporting
agricultural products," said American Farm Bureau
Federation President Bob
Stallman.
Forty-one states,
including all states east of the Mississippi River
and 16 state capitols, are served by commercially
navigable waterways. Further, more than 60 percent
of America's grain exports and many other
important commodities such as fuel, coal and
agricultural inputs also move through the U.S.
inland waterway system.
Reps. Ed Whitfield
(R-Ky.) and Daniel Lipinski (D-Ill.) are original
sponsors of the bill.
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Avoiding
Body Condition Loss Critical for Maximum
Rebreeding Efficiency
Glenn
Selk, Oklahoma State University Emeritus
Extension Animal Scientist, writes in the latest
Cow-Calf Newsletter:
Cows in many
Midwestern herds are calving in marginal body
condition. Short hay and standing forage supplies
as well as expensive supplemental feeds, are
partially to blame. Unfortunately, this is a
season where maintaining or gaining body condition
on spring calving cows is really quite difficult.
Warm season grasses have not yet begun to grow.
Dormant grass (what little is left) is a low
quality feed. Cows cannot, or will not, consume a
large amount of standing dormant grass at this
time year. If the only supplement being fed is a
self-fed, self-limited protein source, the cows
may become very deficient in energy. Remember, the
instructions that accompany these self-fed
supplements. They are to be fed along with free
choice access to adequate quality
forages.
There is another
factor that compounds the
problem. A small amount of winter
annual grasses may begin to grow in native
pastures. These are the first tastes of green
grass many cows have seen since last summer. The
cows may try to forage these high moisture, low
energy density grasses, in lieu of more energy
dense hays or cubes. The sad result is the loss of
body condition in early lactation beef cows just
before the breeding season is about to
begin.
Body condition at
the time of calving is the most important factor
affecting rebreeding performance of normally
managed beef cows.
Click here for more.
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Cattle
Raisers Convention Set to Kick Off in Ft. Worth
The
2013 Cattle Raisers Convention,
which includes the best cattle industry expo to be
found in the southwest on an annual basis, is
ready to go Friday through Sunday at the Ft.
Worth Convention center. This is the annual
meeting of the Texas and Southwest Cattle Raisers-
who have most of their members in Texas but also
have membership in Oklahoma and are active in our
state in cattle theft prevention and
apprehension work.
The
lineup of speakers continues to grow- one recent
addition announced by the TSCRA is House Ag
Committee Sub Committee Chairman Mike
Conaway from Midland, Texas.
"Texas
is synonymous with cattle country, and the cattle
industry provides an important way of life for
many Texans. Our ranchers are impacted by many
issues coming out of Washington, including
immigration, the pending farm bill and the
sequester," Conaway said. "I look forward to
speaking about these and other crucial issues at
the Cattle Raisers Convention."
Conaway
is a member of the House Agriculture Committee
where he chairs the Subcommittee on General Farm
Commodities and Risk Management.
Other
speakers that are lined up to address the Cattle
Raisers Convention include Kevin
Good with CattleFax and Evelyn
Browning-Garriss (in case you missed her
at the Texoma Cattlemen's Conference last week in
Ardmore) as she will be addressing long term
weather predictors.
If
you are just interested in the Trade Show- you can
get a one day pass to the trade show for $10.
We
will be heading to Ft. Worth on Saturday to cover
portions of the 2013 event- we look forward to
seeing some of you there.
Click here for the Convention
webpage for more details about last minute
registration onsite and a look at all of the
details of this year's program.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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