Friday 27th January 2012

November 2 is our day!

Commentary. 

 In just a few days, on Tuesday, November 2nd, you and I will have the opportunity to make a difference. As registered voters, we can go to the polls and cast our vote in support of those we believe are best suited to represent us. Voters in some states will also have the opportunity to vote on several propositions and amendments.

This day presents a great opportunity and an enormous responsibility for everyone of legal voting age. Please spend some time to take a good hard look at where the candidates stand on the issues that matter to you, your community and your industry. Study the proposed amendments and propositions. Quite often, you are only exposed to the side that has the most money to promote and advertise.

Although there are a few farmers-turned-lawmakers in the statehouse today, I’m not seeing a lot of farmers lining up to run for office. What happens when there are no lawmakers with basic, boots-on-the-ground farm experience? How disconcerting would it be to live in a county, a state or a nation where those responsible for writing the legislation that determines the future of farming in America have no link to agriculture?

I know that voting is, for many of us, an inconvenience. Some of you are busy wrapping up harvest or chisel plowing or applying fertilizer. Some have part-time or full-time jobs off the farm, not to mention kids’ ballgames and parents’ doctor appointments. And some of you are so disappointed with the current political situation that you are convinced that your vote – your voice – does not matter.

I do not believe that I’m being melodramatic, a conspiracy-theorist or even a negative-Nelly when I say that I believe we are at a turning point in American history. Agriculture has been the bright spot in the overall economy, but friends, the overall economy isn’t very good and if people don’t have jobs they can’t buy food.

I’m not pointing fingers to blame a political party. I am, quite frankly, sick and tired of that whole blame game and I for one am ready to move on to finding solutions.

I believe my vote counts. I believe that if we are ever going to get a handle on all that has gone wrong in this country, we need to take advantage of this great opportunity that we, as citizens of the greatest country in the world have to elect the leadership that will focus on getting our states and our country back on track.

In Missouri, one issue on the ballot is of great concern to me. Proposition B, backed by Humane Society of the United States (HSUS) is being sold to the misinformed voter as a law to prevent abuse of dogs in “puppy mills.” Sadly, most people do not know that the state already has sufficient laws to protect animals and some of the regulations in Proposition B are preposterous. For example, Prop B creates a class C misdemeanor for “crimes” such as allowing food in a water bowl or a cobweb in the corner of a building.

November 2 is our day. We can make a difference.

Audio

Halloween helpers

It just wouldn’t be Halloween without all those creepy-crawly things like bats and toads and spiders…but the fact is those creepy crawlies are very beneficial. Dave Mizejewski with the National Wildlife Federation says these critters eat a lot of insects and are a vital part of our world.

AUDIO: Mizejewski talks about the creepy-crawlies

A good use of federal dollars

If hadn’t been for the USDA’s Rural Energy for America Program (REAP) Dick and Dennis O’Neal, who farm 2,500 acres near Columbus, Indiana, probably wouldn’t have installed the new grain dryer, but Dick is glad they did, he tells Brownfield they’re saving roughly 30 percent in electricty and propane with the new more energy efficient grain dryer.

AUDIO: Dick O’Neal, Bartholomew Co. Indiana (3:00 MP3)

Case plant hit by tornado

The Case plant at Racine, Wisconsin will remain shut-down until further notice after a tornado hit the facility on Tuesday afternoon. About 600 employees rushed to shelter within the Mount Pleasant building just before the twister tore a 100 by 200-foot section of roof off. A company spokesman says several garage and access doors were blown off and a tractor-trailer rig was blown over in the parking lot. Driving rain and the sprinkler system caused extensive water damage but no dollar-estimate is available. A Case spokesman said two people were injured and were taken to a local hospital but the injuries were not thought to be serious.

Corn Refiners Association disputes study

The Corn Refiners Association and the American Beverage Association are disputing the findings of a new study that suggests soft drinks sweetened with corn may have more to do with weight gain and other health concerns than previously believed.

Published this week in the journal Obesity, the University of Southern California study finds sweeteners in Coke and Pepsi products they sampled that were sold in bottles and fast food restaurants contain as much as 65 percent fructose.

The industry claims that high fructose corn syrup contains just 55 percent fructose. The Corn Refiners Association has said the name is confusing because it is not high in fructose as it suggests.

Audrae Erickson, President of the Corn Refiners Associaiton, says the study researchers used flawed analytical procedures to measure the content of sugars present in the soft drinks and that a very limited number of samples were analyzed.

USC researchers say fructose may contribute more to weight gain than glucose because of the way it’s metabolized in the body.

Wheat leads corn, soybeans higher

Soybeans were higher on speculative buying and spillover from wheat. Demand continues to be a huge factor for beans with weekly export sales expected to be very strong. Contracts were down initially on improved weather in Brazil and outside market bearishness with the dollar up and the Dow and crude oil down. Soybean meal and oil were higher on spillover from beans and the good demand outlook. USDA’s weekly export sales report is out Thursday at 7:30 AM Central. Soybeans are placed at 1 million to 2.2 million tons, meal is seen at 150,000 to 225,000 and oil is pegged at 5,000 to 25,000 tons. The U.S. Census Bureau’s soybean crush estimate for September is 130.5 million tons, with oil stocks at 3.205 billion pounds and meal stocks at 302,000 short tons; that report is out Thursday at 7 AM Central.

Corn was higher on fund buying and the higher wheat. Also, there was support from good domestic demand and continued concerns over the final size of this year’s crop. Past that – export demand remains a little weak with South Korea buying 110,000 tons of Canadian feed wheat citing high U.S. corn prices, which, along with profit taking and the outside markets, did pressure corn at the outset. Ethanol futures were higher. The USDA’s weekly export sales report is expected to show corn sales, for the week ending October 21, at 300,000 to 500,000 tons, compared to 215,500 a week ago.

The wheat complex was higher for the fourth session in a row on short covering and fund buying. Large portions of the U.S. winter wheat growing areas remain drier than normal, limiting planting and hampering development. The weekly winter wheat condition rating, a 19-year low for the first rating of the season, was also supportive, carrying over from Tuesday. The bearishness of the outside markets and fundamentals did limit gains at least to some extent. According to Saudi Arabia’s Grain Silos and Flour Mills Organization, Riyadh is expected to get 18 shipments of soft wheat through April 2011 as it lowers domestic production to conserve water supplies. Weekly U.S. wheat sales are estimated at 400,000 to 700,000 tons.

Missouri holds broadband summit

Missouri has already secured almost 200 million dollars in federal grants to improve broadband internet access in rural areas. Hundreds of state leaders have now gathered to make sure they’re all on the same page. More than 200 local government, public safety, education, and health care leaders were in Jefferson City for a broadband summit this week. Governor Jay Nixon says it’s a way to bring all the state’s resources together and coordinate them to help customize Missouri’s broadband expansion.

“We really do believe that the needs in some areas are much different than others and the challenges, quite frankly,” says Nixon.

Missouri Public Service Commission utility operations director Natelle Dietrich says there’s a lot of interest in broadband service.

“We receive calls every day [asking], ‘When am I going to get broadband?’ ‘Why don’t I have broadband?’ So, I think this is one way to let Missourian’s know that people are looking at it and trying to address their needs.”

Governor Nixon says these public partnerships should help spur private development in broadband service throughout rural Missouri.

Missourinet contributed to this report

Cattle trade in all regions at lower prices

USDA Mandatory reported a light cattle trade in all regions on Wednesday with light demand. Early live sales in the Texas Panhandle were 2.00 to 2.50 lower than last week at 100.00, but many producers passed on all bids. Live sales in Kansas traded steady to 2.00 lower with sales at 100.00 to 100.50. There were a few sales in Nebraska at 100.50 and a few in Colorado at 101.00. Buyer inquiry was limited and most producers continued to have limited selling interest as well. Cattle remaining on the show lists are priced at 104.00 plus in the South and 165.00 plus in the North. Wednesday’s cattle slaughter was estimated at 130,000 head, 1,000 less than last week, but 3,000 more than 2009.

Boxed beef cutout values were firm on light demand and offerings. Choice boxed beef was up .81 at 161.37, and select ended .33 higher at 154.55.

Chicago Mercantile exchange live cattle contracts settled 10 to 35 points lower on lower cash cattle prices and pressure in the stock market. Wholesale beef prices were lower on Tuesday and this led to some concern that the boxed market may be topping. However, boxed beef prices at midday on Wednesday were higher. October settled .35 lower at 100.50, and December was down .10 at 100.00.

Feeder cattle ended the session unchanged to .30 lower on the higher corn futures prices and the softness in the live pit. October feeders settled unchanged at 111.30, and November was down .30 at 111.55.

Feeder cattle receipts at the Phillip Livestock Auction, Philip, SD totaled 10,353 head. Feeder steers weighing 400 to 500 pounds were mostly 6.00 to 8.00 higher, over 500 pounds 1.00 to 4.00 higher. Heifers were mostly steady to 2.00 higher. A big string of yearling heifers sold with a higher undertone. Feeder steers medium and large 1; 998 head weighing 530 pounds averaged 128.01, 310 heifers weighing 519 pounds brought 117.85 per hundredweight.

Barrows and gilts in the Iowa/Minnesota direct trade closed 1.58 lower, the West was down 1.44 with both at 61.37 on a carcass basis, Eastern hogs closed .32 lower at 61.28. Missouri direct base carcass meat price was steady to 1.00 higher and closed from 59.00 to 60.00.

Wednesday’s hog kill was estimated at 425,000 head, 2,000 less than last week, and down 7,000 from last year. The odds of a seasonal bottom in the hog market will increase significantly once we turn the corner and move into November.

Pork trading was slow with light demand and moderate offerings. Pork carcass cutout value was 1.91 lower at 72.93.

Lean hogs settled 15 to 80 points lower. The impressive market support on Tuesday was just too good to be true as traders once again stepped back into the market slashing prices. The uncertainty of both cash and pork price levels along with continued market liquidation kept traders on the defensive according to DTN. December finished .82 lower at 67.85, and February was down .80 at 73.80

Closing Grain and Livestock Futures: October 27, 2010

December corn closed at $5.77 and 1/4, up 6 and 1/4 cents
November soybeans closed at $12.23 and 3/4, up 4 and 3/4 cents
December soybean meal closed at $335.90, up 40 cents
December soybean oil closed at 49.60, up 7 points
December wheat closed at $7.02 and 3/4, up 10 and 3/4 cents
October live cattle closed at $100.50, down 35 cents
December lean hogs closed at $67.85, down 82 cents
December crude oil closed at $81.94, down 61 cents
December cotton closed at 123.59, down 600 points
December Class III milk closed at $15.87, down 2 cents
Dow Jones Industrial Average: 11,126.28, down 43.18 points

Tyler Loschen, Illinois – Nat’l Proficiency Winner

For Tyler Loschen of the Tri-Point FFA Chapter in Illinois winning his second National Proficiency in two years provided the same excitement in 2010 as it did last year. Tyler farms 243 acres of corn, soybeans and alfalfa, add to that a cow/calf operation and a farrow-to-finish swine operation. From his FFA Advisor, to his family, to his landlords, Tyler has had a lot of help along the way and understands that his successes has taken hard work and dedication.

AUDIO: Tyler Loschen, Illinois (3:15 MP3)