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    URGENT NEED FOR BLOOD DONATIONS -- recent accidents and heavy blood usage have resulted in an urgent need for type O- and an immediate need for types O+ and A-. If you are one of these blood types, please donate at your earliest convenience. We are open at the blood center, 7500 Wallace Blvd., until 5:30pm today, 8:00am-4:30pm on Friday and 8:00am-12:00pm on Saturday. We will also be at Westgate Mall for our Annual Mother's Day Blood Drive this Saturday from 10:00am-6:00pm at Center Court. For a complete list of mobiles in your area, visit www.thegiftoflife.org and click on blood drive calendar. Thank you, in advance, for your immediate help!
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KGNC-AM LOCAL NEWS

KGNC-AM SPORTS NEWS

Thunderheads Fell to Laredo 6-5

After having a 4-1 lead heading into the sixth inning, the Amarillo Thunderheads suffer their first lost of the season as Laredo took a 6-5 win at home. The series is now tied up at one game apiece. Corey Bass went 2-4 with two RBI in the lost. Clayton Tanner pitched six and a third innings of three run ball in the no decision. Game three of the series takes place tonight at 7:05.

Ryan Palmer Misses Cut at Crowne Plaza Invitational at Colonial

Ryan Palmer missed the cut at the Crowne Plaza Invitational at Colonial by just one stroke. Palmer shot a three-over par 73 for the second round to have an overall score of two-over 142. This is just the third time in 12 years that Palmer missed the cut at this event.

High School Baseball/ Softball Playoff Update

In high school baseball action yesterday, West Texas High advances by winning their series with Clarendon by taking a 7-6 win, Plainview takes game one from Canyon 3-0, Randall defeats El Paso De Valle 12-2 to have 1-0 series lead, and Bushland wins their series opener against Pampa 2-1.

A major upset is brewing in the Region 1-5A high school softball semifinals as Canyon pulled out a 2-1 win over number one ranked Aledo. With the win, the Lady Eagles snapped Aledo's 44-game winning streak. Both teams scored their runs in the sixth inning with only ten total hits between the schools. Game two of the series rolls on today at 11 am.

Amarillo Venom-Texas Revolution Preview

The Amarillo Venom get set for their critical home game this weekend as they face off against the Texas Revolution. The Venom come into the contest with a 6-3 record and a tough four overtime win over Duke City this past Saturday 89-86. Amarillo is just a half game behind Wichita for first place in the league. Kickoff for Saturday's game will be at 7:05 pm.

Amarillo High Pole Vaulter Braden Moses Signs With UT-Arlington

Amarillo High senior pole vaulter Braden Moses has signed his letter-of-intent to the University of Texas Arlington. Moses finished second at this year's 1-6/ 2-6A area meet and won the Amarillo Relays with his season best 14-6. His personal-best vault came his junior year with a vault of 15 feet.

KGNC-AM AGRIBUSINESS NEWS

IPM Coordinator Training

Texas A&M AgriLife Extension is offering a one-day training for integrated pest management coordinators on June 11 in Amarillo. The fee is $135. For more information and to register, go here

http://today.agrilife.org/2015/05/18/school-integrated-pest-management-training-set-for-june-11-in-amarillo/

Another Chance For Proposed Fund

Another Chance For Proposed Fund

It’s typical for businesses to come and go. But, what happens when a grain company goes out of business? This has long been an issue for grain farmers, which is where the Texas Grain Producers Indemnity Board comes in. Vice Chairman for TGPIB Dee Vaughn said, “When a grain buyer becomes financially insolvent and is unable to pay for the grain, how do we mitigate that risk and do it in a very cost effective and efficient manner?”

To assist producers faced with such circumstances, TGPIB is coordinating an effort to conduct a statewide producer referendum for a proposed grain indemnity fund.

This is actually the second attempt to establish a grain indemnity fund in Texas. An earlier proposal was rejected by producers in a 2012 referendum. Vaughn told KGNC that the TGPIB listened to feedback from farmers about the original proposal, and the board believes it has put together an improved product this time.

 “What we were told by producers who opposed the original referendum is that it was too costly. The assessment that would be applied to the grain sale was too costly. And then also, there was even some concern that we were going to cover, at that time, 90 percent of the farmer’s loss in the event of a grain buyer failure.” Vaughn said some opponents of the earlier proposal felt a coverage rate at that level would encourage people to “do business with a risky guy simply because he pays a little bit more but is not financially solid.”

Vaughn said after hearing those comments, TGPIB went back to the drawing board and, “what we came up with is the ability to use insurance to help cover a lot of the cost and so we’re able to dramatically lower the cost from what we offered in 2012 in that referendum. Plus, we dropped the coverage from 90 percent down to 85 percent,” which will hopefully give producers more incentive to do business with companies that are more stable financially.

If the new proposal for a grain indemnity fund is approved by producers, Vaughn said “absolutely no taxpayer money” would be involved in funding the program. “It’s a producer program, it’s administered by producers, and it’s paid for by producers.”

The Texas Legislature has approved allowing a producer referendum on the revised proposal. The big question now becomes: When will there be a vote by producers? Vaughn said TGPIB hopes to present this to producers sometime within the next year. Before the referendum is conducted, Vaughn said there will be a statewide education effort to inform producers and grain buyers about how this proposed program would work and how much it would cost. 

Check Your Selections

As farmers continue adapting to the new farm bill, there is news from Texas Corn Producers concerning the Agricultural Risk Coverage Program. TCP is advising producers of corn and other commodities to check their farm program selections due to changes the Farm Service Agency has made to yields. For more information, go here

http://texascorn.org/2015/05/area-farmers-encouraged-to-review-arc-plc-selection/

  

Farm Payment Limits Proposed

USDA has issued a proposed rule that would implement additional limits on farm payments made to non-farmers. For more information and to offer comments about the proposal, go here http://www.usda.gov/wps/portal/usda/usdahome?contentid=2015/03/0074.xml&contentidonly=true

 

  

KGNC Golden Spread Agribusiness Hour

The KGNC Golden Spread Agribusiness Hour is your daily opportunity to hear from agriculture newsmakers from around the region. The program airs Monday through Friday from 5 a.m. to 6 a.m. on KGNC-AM.

In addition to bringing you the insights of ag experts from around the High Plains region, our show also offers up-to-the-minute market information, veterinary news, wildlife reports, and features that explore the daily endeavor of those good people – the farmers and livestock producers – who provide us with the food and fiber we all need.

If you are unable to listen to the Agribusiness Hour live, remember you can hear recordings of past programs in podcast form by going here: http://multimedia.kgncam.com/audio/ag.htm

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