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Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
offered 326 head during their Wednesday sale with 326 selling.
to see their complete market results.
sold feeder steers for 1.00-4.00 lower, with instances of 6.00-8.00 lower on Wednesday's sale - click
or tap here for the full report.
Each afternoon we are posting a recap of that day's markets as analyzed by
Justin Lewis of KIS futures
or tap here
for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
Carson Horn, Associate Farm Director and Editor
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Kane Kinion, Web and Email Editorial Assistant
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Thursday, July 18, 2019
Earlier this spring, devastating floods occurred, resulting in loss and damage to cattle operations. In the wake of the flooding, the Oklahoma Cattlemen's Foundation's (OCF) 'Permanent Natural Disaster Relief Fund' has been a source of solace for affected
cattlemen. According to the OCF, 100% of those contributions donated will be distributed to ranchers directly affected by disaster.
The OCF is ready to distribute those funds collected from across the country in support of flood relief efforts. Affected producers should fill out the short application that will help the review committee equitably distribute the funds. All cattle producers
are eligible, and encouraged to apply. They are asking for applications to be returned by August, 30, 2019.
"The healing process and recovery will take time, but we are excited to recognize the generosity of our supporters from across the country by distributing these funds," said Taylor Shackelford, OCF Coordinator.
You can read more about what you need when you apply,
over on our website.
Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of
A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company's long
time support of the Radio Oklahoma Ag Network and we encourage you to
click here to learn more about their products and services.
Research shows that practices designed to improve soil health can also help reduce nutrient loss to waterways, reduce greenhouse gas emissions, increase carbon sequestration, increase biodiversity, along with many other benefits. The Soil Health Institute has
compressed the abundant research available supporting the positive attributes that conservation practices can have, into a brief video recently released to the public. The SHI hopes this video will help spread the message of conservation and soil health and
encourage more land managers to adopt these practices.
"To achieve such goals at scale, we must provide our land managers, primarily farmers and ranchers, with the information they need when deciding whether to adopt soil health-promoting practices," said Dr. Wayne Honeycutt,
CEO of the Soil Health Institute. "That means a key component of our strategy is to assess the impacts of soil health adoption on profitability and economic risk. Another is to identify the most effective measurements for soil health because farmers cannot
be expected to manage what they cannot measure."
Honeycutt says the information needs to be supported by strong research and development program that producers, policy analysts, and society can trust. He also says that the work is not done with adoption, they need to follow up and quantify the effects on
the environment because that supports well-informed policies and provides the evidence needed to educate consumers.
You can read more about the strategy of the Soil Health Institute and watch the aforementioned video for yourself,
by clicking or tapping here.
In every ecosystem around the world there are potentially hundreds of living species that can be affected by a change in that ecosystem. What can be good for one species might be detrimental to another, so a critical balance must be maintained in order to preserve
all living things in the ecosystem. Quantitative research can determine if certain ecological preservation practices are having the prescribed results while not harming that balance.
Blake Grisham, assistant professor is spearheading a research group with just such a goal. Specifically, Grisham's team will attempt to determine how prescribed fire and grazing practices for the lesser prairie-chicken in New Mexico affect
beef herd health and productivity.
"In previous assessments on prescribed grazing, emphasis was on understanding how variation in intensity and magnitude of these ecological drivers affects vegetation composition and structure as well as lesser prairie-chicken demographics," Grisham said.
"But quantitative, scientific data pertaining to overall beef herd health and productivity for local producers are lacking."
Grisham hopes this research will facilitate a better understanding of if and how grazing plans tailored specifically to lesser prairie-chicken management differ from other operational standards not specifically designed around species and ecosystem management.
You can read more about Texas Tech's research and what they want to get out of the study over on our website -
Allendale, Inc. shared its estimates earlier this week for the upcoming Cattle Inventory, Cattle on Feed and Cold Storage reports scheduled for release on Friday.
The bi-annual Cattle Inventory report, is projected to show All Cattle and Calves at just under the previous year at 99.9% or 102.895 million head. Beef Cows at 99.9% of last year at 32.370 million head. Steers Over 500 lbs. estimated just over last year
at 100.3% or 14.544 million head. If realized, Allendale's estimate would put the July 1 Cattle on Feed total at 101.1% for 13.446 million head.
For the Cattle on Feed report, Allendale estimates June placements will arrive at 6.8% under last year at 1.671 million head. This would be the lowest May placement in three years. Allendale anticipates a Marketing total in June of 1.7% under last year
at 1.972 million. This would be the lowest June marketing in four years. There was a 3.8% lowered calendar adjustment this month. Total Cattle on Feed as of July 1 is expected to be 0.9% over last year at 11.382 million. This would be a record July 1 total
since the current data-series started in 1995.
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- "Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting
for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.
here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
It is almost certain American corn farmers will not produce near as many bushels of corn this year compared to the past few growing seasons, thanks to widespread late planting caused by persistently wet conditions earlier this year. Lower corn production
of course will naturally drive feed costs up for livestock producers. Faced with this likely prospect, Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says one thing is for sure - as feed costs
rise, so too will the pressure on feeder cattle values.
"It's certainly a factor and no question it's going to be higher than we thought a few weeks ago," Peel said. "Feeder cattle markets are reflecting that to some extent. But I think there is more going on in the feeder cattle markets as well."
According to Peel, over the past eight weeks or so, the futures market has undergone a fairly steep correction - arguably from one extreme to the other where he says the market was at one point probably too high and then brought too low. Now, the market seems
to be bouncing back from that overdone correction. Peel says if the markets can pull themselves out of this slump over the next few weeks, there is the chance they could still pick back up the typical summer trend, albeit at a lower level.
You can listen to the whole conversation between Peel and I on Wednesday's Beef Buzz -
The National Corn Growers Association voted as an organization to urge
President Trump to uphold his commitment to America's farmers and the Renewable Fuel Standard. A resolution passed Wednesday during the annual Corn Congress in Washington, D.C. reads: "We, the assembled voting delegates of the National Corn Growers
Association, ask President Donald Trump to uphold his commitments to protect the RFS, and support farmers by ensuring EPA's administration of the RFS does not undermine the law and the benefits of renewable fuels."
NCGA delegates offered the statement in response to the Environmental Protection Agency's ongoing practice of providing RFS waivers to big oil companies. The so-called small refiner waivers, NCGA says, have reduced RFS requirements by 2.6 billion ethanol-equivalent
gallons through refinery exemptions, with 38 more exemptions pending.
Corn growers say the waivers undermine the benefits of renewable fuels, and have also reduced corn use for ethanol production. They allege the waivers have lowered domestic ethanol consumption and blend rate, and will limit growth of higher ethanol blends
such as E15.
Read more about the Corn Congress and its resolution this week to pressure the Trump Administration on its actions regarding the RFS on our website,
by clicking here
We Talk Beef Packer and Beef Checkoff Lawsuits with the CEO of the Cattle Group With Legal in Their Name
In a special Ag Perspectives Podcast, we talk litigation with the CEO of R-CALF USA,
Bill Bullard. Since the cattle group formed twenty years ago, it seems like they have always had a lawsuit going over a variety of issues. Currently, they have two massive lawsuits they are pursuing- and Bullard talked me about both of them
when he was in Oklahoma in recent days.
First- we discussed the lawsuit filed this spring by R-CALF against the four largest beef packers in the US- and then in the second half of the interview- Bullard explains why the cattle group is suing the State Beef Councils in fifteen states- and where that
legal action now sits.
or tap here to jump over to our website to listen to these challenges being brought by this populist group against the Beef Packers and State Beef Councils in multiple states- including the state councils in Hawaii, Indiana, Kansas, Maryland, Montana,
Nebraska, Nevada, New York, North Carolina, Pennsylvania, South Carolina, South Dakota, Texas, Vermont, and Wisconsin.
Jackson Caves from Amber-Pocasset was named the winner of the 2019 Oklahoma Farm Bureau High School Discussion Meet held July 16 in Stillwater. 11 students from across the state competed in the event.
"Through this discussion meet, we hope the skills these students gain in preparing and participating in the event will serve as a valuable opportunity no matter their path," said Brent Haken, YF&R chair. "We as the YF&R
committee are honored to do what we can in preparing the next generation of agriculturalists."
Cassidy Baughman of Ardmore placed second in the contest, followed by Ryan Clark of Henryetta placing third and Sydney Williams of Calera placing fourth. The event
participants competed in two rounds of discussion before being narrowed to the final four. As top four finalists, the students earned $1,500, $1,000, $500 and $250 college scholarships respectively.
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& K Equipment, AFR
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Milling Company, National
Livestock Credit Corporation, Oklahoma
Beef Council, Oklahoma
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