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!
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
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
here for the report posted yesterday afternoon
around 3:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Cash price for canola was
$5.49 per bushel- per bushel- based on delivery to
Oklahoma City yesterday (per Oklahoma Dept of
Daily Market Wrapup from the Radio
Oklahoma Network with Leslie Smith and Tom
Leffler- analyzing the Futures Markets from the previous
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily
Volume and Price Summary from the Texas Cattle
Latest Farm and Ranch News
Update from Ron Hays of RON
Friday, January 30,
Still Believes the 2014 Farm Bill was/is a
been one year since the House and Senate
conference committee came to consensus on the 2014
Agricultural Act. That was followed by passage in
both chambers and an eventual signature by
Obama. Oklahoma Third District
Congressman Frank Lucas, the
former House Ag Chairman, said this was
a significant milestone.
"Ron, I still think it's almost a
miracle that we actually managed to pass another
comprehensive Farm Bill," Lucas said. "I think it
is almost a miracle that we were able to create a
Farm Bill that gave choice so all producers, all
regions of the country and all the different
commodity groups could tailor a safety net that
meets their particular needs."
the 2014 Farm Bill was a long process, spanning
two and half years and a lot has changed. From
seeing high prices for corn, wheat and soybeans to
now having a much different situation on the world
market that has caused a dramatic shift in prices.
During the process, Lucas he emphasized to his
colleagues how important it was get a policy that
would provide a safety net for the long haul, as
he felt he could not guarantee there will be
another Farm Bill.
may not have another brand new Farm Bill, ever,
but at least we have a Farm Bill that we will be
able to extend after the five years, if we can
pull the political consensus together," Lucas
said. "Because we are always going to need a
safety net. Farmers just have so many things that
they can not control in their lives, the weather,
the world markets, the tax code. So many things
they can not control, you've got to have a safety
net, because after all you may not need to buy
that next widget, you might be able to live
without one more TV subscription, but we all have
or listen to my full interview with Congressman
Lucas, by clicking here.
The Way- The former House Ag Committee
Chair zeroed in on the Livestock Disaster
Assistance Program during our interview- and you
can listen to those comments specifically in our
Friday Beef Buzz- that feature is available here.
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
profitability 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.
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Top Legislative Priority for Ok Farm
several years of gridlock in our Nation's Capitol,
Oklahoma Farm Bureau is excited about the new
legislative session. In Washington D.C.,
Republicans have taken control of the House and
Senate. Oklahoma Farm Bureau Vice President for
Public Policy and Media Affairs John
Collison said Congress is back open for
business in 2015. He is excited about having
Senator Jim Inhofe serving as
Chairman of the Senate Environment and Public
Works Committee, along with working with Senator
James Lankford and the House
Members to start moving forward on government
issues like reining in the Environmental
Protection Agency and improving the nation's
At the federal and
state level, Collison believes the focus should be
on developing the state's natural resources and
water needs to be top of mind. He
believes the state needs a visionary approach with
water development with an overarching plan to get
the government planning for the longterm viability
of the state. Water is necessary for agricultural
production, along with the oil and gas industries.
believes the state needs to look at developing the
excess water in the state, as that could bring
billions of dollars of economic wealth into
Oklahoma. By moving water incrementally from water
rich areas, to areas in need of water, that would
support communities in areas that have improving
water supplies, along with tourism, recreation and
will be my featured guest on the In the Field TV
segment Saturday morning on KWTV, News9 at 6:40
more or have the opportunity to listen to our conversation with John
by clicking here.
Says Many Factors Dropping Wheat
the U.S. dollar continues to move higher, that's
hurting U.S. commodity exports. The stronger U.S.
dollar makes commodities more expensive for
foreign buyers. On this weekend's edition of
SUNUP, Dave Deken talks with
Oklahoma State University Crop Marketing
Specialist Kim Anderson about how
the stronger dollar impacts wheat prices. Anderson
said if the Euro was equal to the U.S. dollar, a
$100 worth of wheat back in June and July would
cost $119 today.
In looking at the
index of the U.S. dollar in comparison to other
major currencies, that index has gone from 80
points last summer to 94.7 points this
week. That's an 18.4 percent
increase in the value of the dollar. If you
convert that to bushels of wheat, Anderson said
that's about an additional $1.10 per bushel.
Over the past 15 years, the index of
the dollar has gone up to over 120 points.
Anderson said that's another 28 percent increase
in the value of the dollar or about another $1.75
per bushel increase. He doesn't think that will
likely return, as the dollar typically stays
around the 80-95 range.
"It looks like
it may go up into the 95 to 105, rarely does it go
over 105 points," Anderson said. "So I think we
can pick up another 10 or 15 points on the dollar
or it may just waller around in this range for a
Click here to read or to listen
to the full interview with Anderson. You can also
see the what the full lineup will be for this
weekend's edition of SUNUP- as will be seen on
OETA Saturday and Sunday mornings.
to EPA: Where Are Your Renewable Fuel
farmer leaders of the American Soybean
Association (ASA) voiced their
exasperation, confusion and anger this week at the
U.S. Environmental Protection
Agency following an announcement that the
EPA will approve an application allowing Argentine
biodiesel easier access to the U.S. market.
"Today's decision issued by EPA on
Argentinian biodiesel shows a lack of coordination
and alarming tone-deafness regarding the purposes
of the Renewable Fuels Standard," said ASA
President and Brownfield, Texas, farmer
Wade Cowan. "EPA has put the
interests of our foreign competitors above those
of soybean farmers here in the U.S. At this point,
we can only scratch our heads and wonder what
EPA's priorities are when it comes to the domestic
renewable fuels industry."
announcement followed a December notice that the
agency would postpone setting biofuels volume
requirements for 2014 until early in 2015.
Speaking at the National Biodiesel Board
Conference last week, former Senator Byron
Dorgan said EPA's inability or
unwillingness to set the 2014 RFS volume
requirements demonstrated that there was "no
minimum threshold for embarrassment" at EPA.
Click here to read more.
Analyzes the Break Down in the Cattle
cattle market has gotten off to a rocky start in
2015. Since the start of the year, live and feeder
cattle markets has seen volatility and sell-offs.
Oklahoma State University
Extension Livestock Marketing Specialist
Derrell Peel said most of this is
external to the cattle industry.
pressure has come through the futures markets,
things like lower energy prices, the strong
dollar, it's really the investor side of this
market that has impacted the futures markets, but
it has spilled over into cash markets recently,"
Peel said. "So we have seen a bit of run down in
these cash markets, some of this stuff will pass
here I think relatively soon and these markets
will get back on
The good news is
the fundamentals of the cattle markets haven't
changed. Peel said the supply fundamentals are
still very tight and he is looking for a
continuation of strong prices near record levels.
On Friday, the US Department of Agriculture will
release the U.S. Cattle Inventory report and Peel
looks for this report to confirm what is already
more or have the opportunity to listen to this
Beef Buzz feature by clicking here.
to Have the Latest Energy News Delivered to Your
winning broadcast journalist Jerry
Bohnen has spent years learning and
understanding how to cover the energy business
here in the southern plains- Click here for the Oklahoma Energy
website where there is a link on the left hand
column that will allow you to subscribe to his
daily update of top Energy News.
TSCRA Convention Scheduled for March 27-29 in Fort
The Texas and
Southwestern Cattle Raisers Association
(TSCRA) announced details about their 138th annual
Cattle Raisers Convention. The TSCRA
gathering is the biggest ranching industry event
of the year, is scheduled for March 27-29, 2015 at
the Fort Worth Convention Center in Fort Worth,
president of Mexico from 2000 to 2006, will be the
keynote speaker at the opening general session. He
will share stories of his prior experiences
working to build a strong relationship between the
United States and Mexico. Fox will also take
questions from cattle raisers at the close of his
Former First Lady Laura
Bush has been invited to speak at the
opening general session of the Convention. Bush is
actively involved in issues of national and global
concern, with a particular emphasis on education,
health care, human rights and the preservation of
our nation's heritage. Bush will discuss her role
as a founder of "Taking Care of Texas," which is
an organization that promotes successful land,
water and wildlife conservation
more information and registration information, click here.
N That- Secretary Vilsack In El Reno This Morning,
the Life of Henry Gardiner to be Celebrated
Saturday and Cattle Industry Convention Next Week
Secretary Tom Vilsack will join
Congressman Frank Lucas (R-Okla.
3), former chairman of the House Agriculture
Committee, to deliver remarks on the economic
impact of the 2014 Farm Bill and its significance
to Oklahoma and the country.
event will be happening in the district of
Congressman Lucas at the Redlands Community
College in El Reno, starting at 8:15 AM.
told us yesterday that he is pleased to have
Secretary Vilsack in Canadian County for this
comments from Vilsack and Lucas, it is expected
that questions will be taken from the invited
audience to the event.
Angus breeder Henry Gardiner
passed away at the end of this past week at the
age of 83.
Gardiner Ranch has been on the cutting edge of
innovation within the beef cattle industry in
general and the Angus breed in particular for
decades. In the mid 1990s, Gardiner was a
founding member of US Premium Beef. Today,
Gardiner Angus Ranch is a fourth-generation,
family-owned ranch and one of the premier Angus
seedstock operations in America.
services will be held Saturday, Jan. 31, 10 a.m.,
at Ashland High School. Arrangements are being
made through Schilling Funeral Home,
details are available here.
will be headed to San Antonio early next week for
the 2015 Cattle Industry Convention and
Trade Show. This is the largest and
most important gathering of beef cattle producers
to be found in the US each year- and there will be
a lot on the minds of cattle ranchers as they
gather in one of the cities that always draws a
on the minds of producers will include record high
cattle and beef prices that have been seen since
last February, the efforts to rebuild the US Beef
Cow herd, Regulatory battles against issues like
WOTUS, the New Congress which includes a GOP
majority in the Senate, the ongoing fight for the
center of the dinner plate in America and around
the world and lots, lots more.
look forward to this meeting each year- and we
invite you to check out our stories here in the
daily email, on our website, via Twitter and
Facebook and of course, on the Radio Oklahoma Ag
You can reach us at the following:
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