|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!
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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.
At the Oklahoma National Stockyards
- their Monday run featured 12,000- : Feeder steers sold 2.00-5.00 higher. Feeder heifers 2.00-4.00 higher. Steer and heifer calves under 500 lbs not well tested. Steer calves over 500 lbs steady. Click or tap here
for details from USDA Market News.
At the OKC West
Cow and Bull turn on Monday- Compared to last week: Slaughter cows mostly 1.00-3.00 lower. Slaughter bulls steady to 2.00 lower. Click or tap here for all the numbers from the USDA Market News Reporter.
Joplin Regional Stockyards reported 6,423 head of cattle for their first November sale- Compared to last week steer and heifer calves and yearlings 3.00 to 6.00 higher. Click or tap here to see the complete report.
Okla Cash Grain:
Daily Oklahoma Cash Grain
Prices- as reported by the Oklahoma Dept. of Agriculture- prices as of Monday Afternoon, November 4th.
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior 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
Tuesday, November 5, 2019
| Featured Story: National Corn Harvest Struggles Just Past Half Done- Soybeans Hit Three Fourths Mark at the Start of November
The first Crop Progress Report for November shows a disappointing corn harvest number- while the national soybean harvest stat is slightly behind what the pre-report trade expectation was.
In the case of corn, harvest through November 3rd is only 52% complete- versus an expected number for this week's report by the trade of 58%. That 52% number continues to be well under the 74% of a year ago and the 75% five year average. The "I" states are all roughly 30 percentage points behind normal- Iowa at 43%, Indiana at 57% and Illinois at 58%. The harvest situation in North Dakota appears to be in the most dire condition- only 10% of their corn crop is now harvested versus a five year average of 60% by this date.
The soybean harvest number this week is at 75%- versus 77% expected by the trade. In 2018 by this date- the soybean harvest was 81% complete, while the five year average stands at 87%. Both Illinois and Iowa have a five year soybean harvest number for this week of 91%- Illinois is 14 percentage points under that at 77% and Iowa is 11 percentage points behind at 80%. Missouri is struggling with their soybean harvest at just 54% harvested- 19 percentage points behind their five year average of 73% harvested.
The southern plains wheat crop is almost all in the ground- with Oklahoma now 93% planted and Kansas checking in at 94% planted- both of thoese numbers are 12 percentage points ahead of planting in each state- and both numbers are exactly three percentage points ahead of the five year average. Texas still has some planting to do- now at 78% planted- one point behind the five year average but six points farther along than in 2018.
For more on the National Report- and links to the State Crop Progress and Conditions reports from Oklahoma, Kansas and Texas- click or tap here.
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2019 Oklahoma City Farm Show.
Up next will be the Tulsa Farm Show in December 2019- the dates are December 12th, 13th, and 14th.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2019 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
| Derrell Peel Says Holiday Beef Demand Kicks In
Weekly, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk.
This morning- Peel talks holiday demand. According to Dr. Peel, "Boxed beef prices increased about ten percent over the month of October into early November. This increase was significantly higher than the normal seasonal bump of less than two percent from October to November. Choice boxed beef cutout is currently up nearly seven percent year over year. In total, beef demand is made up of many different beef products which have very distinct seasonal price patterns.
"As grilling season wanes after Labor Day, some steak items, such as strip loins, tend to decline and this has continued into November with wholesale strip loin prices dropping about six percent in the past month. However, strip loin prices are currently up over six percent from one year ago. Another part of the loin, the tenderloin, has a very different seasonal price pattern. Colder weather into the end of the year typically supports restaurant steak demand resulting in higher tenderloin prices through the fourth quarter of the year. This fall, wholesale tenderloin prices increased faster and more dramatically than usual, jumping by 38 percent in October. Overall loin primal prices increased over 11 percent in the past month and are currently up 10 percent year over year."
Click or tap here to read about some of the other key msucle cuts and how they are participating in this move higher.
Oklahoma Angus Producer John Pfeiffer is wrapping up his year as President of the American Angus Association. Pfeiffer passed the gavel to a new President in Reno on Monday afternoon at the 2019 American Angus Association Convention in Reno, Nevada.
Pfeiffer told me that he has actually served nine years on the Association Board- and has also served on the Certified Angus Beef Board as well. Pfeiffer is proud that the year he was the Chairman of the CAB Board- the branded beef program reached the one billion pound sales mark for the first time. Those numbers have continued to grow- and in the fiscal year just ended at the start of Octonber, the sales numbes are now at 1.25 billion pounds of Certified Angus Beef sold- domestically and internationally.
Pfeiffer is also excited about the move during his year as President to hire a new Chief Executive Director for the Angus Association- Mark McCully who comes from within the Angus family- as he had served many years as a part of the Certified Angus Beef team.
Read more and take a listen to a part of our interview with John between sessions at the American Angus Association annual convention- click or tap here for our latest Beef Buzz.
If an outbreak of African swine fever (ASF) were to occur in the U.S. is the pork industry ready? Many parties are working to make sure it's as ready as possible, but there may be more questions than answers.
Dr. Sarah Tomlinson, Associate Deputy Administrator of the Strategy and Policy Unit within USDA's Animal and Plant Health Inspection Service (APHIS), Veterinary Services, gave an update on the four ASF exercises that have been conducted this year to help the industry prepare. She spoke during a meeting of state veterinary officials, held in conjunction with the 2019 U.S. Animal Health Association annual meeting, in Providence, Rhode Island, this past week.
The exercises involved veterinary officials from 14 pork-producing states, APHIS, state and national pork associations and private sector companies. Each exercise built upon the previous, to provide successive levels of preparedness. Oklahoma pork industry officials were a part of this effort.
The ASF exercises fleshed out several areas that need to be further clarified and worked on- including the potential of using a National Standstill Order of hog movement, a reasonable Indemnity policy and the how and the when of possible rapid depopulation.
Click or tap here to read more- as we mentioned at the top- there are likely still more questions than answers.
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A broad coalition of biofuel and farm advocates sent a letter to the White House on Monday calling on President Donald Trump to fix a flawed proposal from the Environmental Protection Agency, which "fails in its mission to reinvigorate farm economies and reopen biofuel plants across America's heartland."
The letter was signed by 60 organizations, including the Renewable Fuels Association. American Soybean Association, National Corn Growers Association, Growth Energy and a variety of state level groups. It notes that the EPA's draft plan undermines the administration's commitment to restore integrity to the Renewable Fuel Standard and accurately account for biofuel demand destroyed by small refinery exemptions (SREs).
Read more- including checking out the complete letter- by clicking here.
The Kansas Farm Bureau electronically publishes a weekly column called "Insight." This week's opinion piece caught our attention as it relates to the National FFA Convention that has just wrapped up- and that we spent all of last week attending. A Kansas Farm Bureau member was there as well- and Jackie Mundt, Pratt County farmer and rancher offers this perspective on the value of the FFA experience:
"Nearly 70,000 young people recently attended the National FFA convention in Indianapolis. I could write a book about all of the awesome things that happen at this event and how it changes lives.
"One of the main purposes for the convention is to host the national competitive events for the organization. Students compete to be national champions in public speaking, agronomy, meat evaluation, entrepreneurship, the agriscience fair and several hundred other contest areas.
"In recent years, these competitions have become a source of pride and excitement for me as I have watched two of my nieces vie for national championships. Last week my niece, Madi, and her teammates, Zach and Brooklyn, earned first place in the marketing plan competition, which challenges each team to write a marketing plan to increase sales for a real ag-related business. The students present and defend their plan to panels of industry and academic experts from across the country.
"This competition, like all of the national competitive events, requires months (or years) of preparation, skill development, sacrifices of time, energy and so much more to be ready to compete. These students have more preparation and experience than many industry professionals do by the time they are done.
Jackie goes on to talk about the values learned by those who wear the Blue and Gold jacket- you can read the complete commentary by clicking or tapping here.
Express Ranches Wins the ROV Breeder of the Year Award from the Angus Association
At the Awards Breakfast on Monday at the American Angus Association- Express Ranches of Yukon was honored as the premier seedstock operation in the Angus breed.
The American Angus Association awarded Express with their ROV(Roll of Victory) Breeder of the Year Award for 2019- with owner Bob Funk, President Jarold Callahan and Vice President Mark Squires on hand to receive the plaque.
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