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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 Thursday 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 $10.57 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
Monday, April 1,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
-- Governor Mary Fallins Stands Up to HSUS-
Signs HB 1999 ( Jump to Story)
-- USDA Hogs and Pigs Report Shows Slight
Growth in Inventories ( Jump to Story)
-- 'See It? Stop It!' Initiative
Promotes Animal Well-Being ( Jump to Story)
-- ASA Details Impact of Continuing
Resolution on Soybean Farmers ( Jump to Story)
-- Fewer Cattle Mean Feedlot Operators
Must Tighten Their Belts Further, Ross Wilson
Says ( Jump to Story)
-- RFA-Commissioned Study: RIN Credits
Not a Factor in Higher Gas Prices; Ethanol
Reducing Pump Prices ( Jump to Story)
-- Program Provides Export Market
Information for Corn Hybrids ( Jump to Story) --
This N That- Conservation Day at the Capitol, Mark
Hodges Talks Wheat Crop Freeze Damage and Woodward
Beef Cattle Meeting (Jump to
Story) | |
Governor
Mary Fallin Signs HB 1999- Ending the Prohibition
on Horse Meat Processing for Export in
Oklahoma
Oklahoma
Governor Mary Fallin withstood the
pressure brought to bear by the Humane Society of
the US- and sided with agricultural and rural
interests as she signed HB 1999 on Friday
afternoon. After she signed the measure- the
following statement was released from her
office:
"In Oklahoma - as in other
states - abuse is tragically common among horses
that are reaching the end of their natural lives.
Many horses are abandoned or left to starve to
death. Others are shipped out of the country, many
to Mexico, where they are processed in potentially
inhumane conditions that are not regulated by the
U.S. government.
"Unfortunately, the 2006
federal ban on horse processing plants has made
this situation worse. After the implementation of
that ban, the Government Accountability Office
reported a 60 percent increase in abused,
neglected and starved horses. The U.S. Department
of Agriculture has also noted that over 166,000
horses were sent to Canada and Mexico for
processing just in 2012. These animals traveled
long distances, in potentially inhumane
circumstances, only to meet their end in foreign
processing plants that do not face the same level
of regulation or scrutiny that American plants
would.
"Those of us who care about the
wellbeing of horses - and we all should - cannot
be satisfied with a status quo that encourages
abuse and neglect, or that rewards the potentially inhumane
slaughter of animals in foreign countries.
"For that reason, I have today signed HB
1999, which would allow the humane, regulated
processing of horses. This bill strictly prohibits
selling horse meat for human consumption in
Oklahoma."
The law takes effect
November first. Click here to read the rest of
her statement- and for links back to earlier
stories we have had on the horse slaughter
issue.
|
USDA
Hogs and Pigs Report Shows Slight Growth in
Inventories
Catching
up from last Thursday- just ahead of the three day
market weekend- the latest USDA Quarterly Hogs and
Pigs report shows total inventory climbed by about
one percent over last year.
The inventory
of all hogs and pigs on March 1, 2013 was 65.9
million head. This was up 1 percent from March 1,
2012, but down 1 percent from December 1, 2012.
Speaking during a pork industry conference
call following the USDA report's release,
Jim Robb, director of the
Livestock Marketing Information Center in Denver,
said the report indicates a turning point with the
supply side starting to expand.
"We would
view this report overall as slightly bearish...
Importantly, the weight category of 120 pounds to
179 pounds was significantly larger than our
estimates and the pre-report estimates. That
really means that rather near term we have some
larger hog supplies than we expected pre-report."
Click here to read more or to
hear Jim Robb's comments.
|
Sponsor
Spotlight
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.
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!
|
'See
It? Stop It!' Initiative Promotes Animal
Well-Being
Reaffirming
its strong commitment to animal care and
well-being, the National Pork Producers Council
this week joined with the National Pork Board, the
dairy industry and the Center for Food Integrity -
a not-for-profit corporation that builds consumer
trust and confidence in today's food system - to
launch an initiative to encourage the immediate
reporting of animal abuse, neglect, mishandling or
harm.
The "See It? Stop It!" initiative
provides tools for farms to affirm that proper
animal care is the responsibility of all employees
and that animal abuse is not acceptable or
tolerated. Farm workers will be encouraged to
report abuse.
"Animal well-being always
has been the top priority of pork producers," said
NPPC President Randy Spronk, a
producer from Edgerton, Minn. "The 'See It? Stop
It!' initiative confirms that commitment and is a
way to let animal caretakers know that it's their
moral responsibility to speak up to stop any
animal abuse."
Click here to read
more.
|
ASA
Details Impact of Continuing Resolution on Soybean
Farmers
In
response to the signing into law of the Continuing
Resolution (CR) by President Barack Obama March
27, the American Soybean Association (ASA)
examined the ramifications for soybean farmers
contained in the measure, which funds the federal
government through the end of the 2013 fiscal year
on September 30.
"This was a large piece
of legislation with many different aspects
affecting many different industries. While it's
only a temporary extension for the next six
months, it was necessary for us to step back and
look at exactly which programs soybean farmers use
most will be impacted," said ASA President
Danny Murphy, a soybean farmer
from Canton, Miss.
While the sequestration
is separate from the CR, Congress allowed
sequestration to stand, resulting in an
across-the-board reduction in funding for most
federal programs by 5.2 percent This follows the
Budget Control Act (BCA) of 2011, which placed
caps on each of the annual appropriations bills
through 2021, including the Agricultural
Appropriations bill. Additionally, the CR includes
an additional 2.5 percent cut in discretionary
spending that USDA will have to carry out before
the end of FY13.
You can read more of this
story by clicking here.
|
Fewer
Cattle Mean Feedlot Operators Must Tighten Their
Belts Further, Ross Wilson
Says
The
latest Cattle on Feed Report reflected the new
reality of fewer cattle in the pipeline. There
were 14 percent fewer cattle placed in feedlots
this past February compared to one year ago. Ross
Wilson with the Texas Cattle Feeders Association
says the smaller numbers mean problems for
feedlots in Texas, Oklahoma, and New
Mexico.
"That's one of the reason we saw
Cargill close one of their major beef packing
plants in Plainview, Texas. They have one
remaining in Friona, Texas, and the, of course,
the plants north of there. We are hopeful that
brought some balance. Without question, it made
the existing plants more efficient because it
moved those cattle into some other plants. But
that's short term.
"Long term we continue
to have some excess capacity. Some would say,
within the beef packing industry, that that may or
may not have to be addressed, hopefully not in the
southern High Plains. And we have a corresponding
excess capacity in the feeding
industry."
Ross Wilson joins me for the
latest Beef Buzz. Click here to read more or to
listen to our conversation.
|
RFA-Commissioned
Study: RIN Credits Not a Factor in Higher Gas
Prices; Ethanol Reducing Pump
Prices
Contrary
to the recent wave of hyperbole coming from the
oil industry, the Renewable Fuel Standard (RFS)
and its associated "RIN credits" have not been a
factor in this spring's higher retail gasoline
prices, according to new analysis conducted by
Informa Economics, Inc. In fact, the study found
ethanol costs significantly less than gasoline at
the wholesale level and is reducing pump prices
for consumers across the country.
"A
fact-based review of developments in the gasoline,
ethanol and RIN markets indicates that the
Renewable Fuel Standard in general and RINs in
particular have not been a demonstrable factor in
the rise in retail gasoline prices that has
occurred in early 2013," the report
concluded.
Responding to the independent
study's findings, Renewable Fuels Association
(RFA) President and CEO Bob
Dinneen said, "Not surprisingly,
opponents of the RFS have absurdly suggested RINs
are a reason for this spring's higher gas prices.
This report puts that silly notion to rest and
clearly confirms that RINs are not having any
noticeable impact on gasoline prices. In fact, as
the Informa analysis plainly shows, increased
ethanol use leads to lower-not higher-prices at
the pump for American consumers. The facts and
data speak for themselves. Drivers could realize
even greater savings at the pump if refiners and
blenders would break down their self-inflected
blend wall and give up their stubborn resistance
to offering E15 and E85."
Read
more by clicking here.
|
Program
Provides Export Market Information for Corn
Hybrids
Farmers
looking for information about the approval status
of U.S.-grown corn hybrids in certain export
markets now have access to the most current data
through the National Corn Growers Association's
Know Before Your Grow program. Recently updated,
Know Before Your Grow, featured on the
association's website, provides a comprehensive
look at this vital information in an easily
accessible format.
"It's important for
farmers and others to know where they can find
good markets for their corn," said NCGA Trade
Policy and Biotechnology Action Team Chair
Jim Zimmerman. "Each year, we
update our database so growers can stay informed
and plan ahead. It's also a valuable tool for
others who want or need to track which markets are
accepting a certain corn hybrid."
Know
Before You Grow stems from NCGA's firm commitment
to the principle that U.S.-grown biotech hybrids
not intended for some export markets should not be
placed into export channels. Because not all
hybrids are approved for all export market uses,
corn growers who are selling into sensitive
markets like wet millers should select hybrids
with the full knowledge of whether they are
conventional, fully approved for export to major
markets or not yet fully approved for those
markets.
You
can read more of this article by clicking
here.
|
This
N That- Conservation Day at the Capitol, Mark
Hodges Talks Wheat Crop Freeze Damage and Woodward
Beef Cattle Meeting
Today
is Conservation Day at the Oklahoma State Capitol-
there will be exhibits set up around the Rotunda
during the day today- and an awards ceremony
celebrating a variety of conservation achivements
that is planned for 9 AM this morning in the House
Chambers- we have more details on our webstie- click here to check it out.
**********
This
past Saturday- our In the Field guest for our
segment on the Saturday morning news block on KWTV
News9 was Mark Hodges of Plains
Grains, Inc. Mark talked with us about potential
freeze damge from a week ago for the 2013 wheat
crop- and our prospects for this year's crop in
contrast to the 2012 harvest season. Click here to watch it- Mark
offered some great insights into where we are as
we hit the month of April- no fooling!
**********
Dana
Bay at the Woodward County Extension
office dropped us a last minute note on an
extension Beef Cattle meeting planned in Woodward
for anyone in northwest Oklahoma- set for Tuesday
afternoon starting at 1 PM. Gary McManus,
Derrell Peel and Britt Hicks are on the program-
so it will be worth your time if you are in the
vicinity. Click here for more details as
found on our calendar page.
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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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