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Let's Check the Markets!
OKC West is our Market Links Sponsor- they sell cattle three days a week- Cows on Mondays, Stockers on Tuesday and Feeders on Wednesday- Call 405-262-8800 to learn more.
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
The Oklahoma National Stockyards
felt the impact of the closure of the Tyson Foods Beef Packing Plant in Western Kansas because of fire last Friday- SHARPLY
lower prices were seen- Compared to last week: All classes of feeder cattle are trading 6.00-12.00 lower. Steer and heifer calves selling 10.00 -16.00 lower. Click or tap here
for the complete report.
has 462 head of cattle on their showlist for the Wednesday, August 12th sale of finished cattle - click here
to jump to the website.
OKC West sold slaughter cows and slaughter bulls mostly steady on a light test Monday compared to the last sale - click or tap here for the full report from the USDA.
At the Joplin Regional Stockyards
- 2,533 head of cattle were on hand- Compared to last week, steer calves 5.00 to 10.00 lower, yearling steers 4.00 to 7.00 lower, except a load of 764 lb steers and 924 lb steer mates sold higher than last week, heifers 3.00 to 6.00 lower- click or tap here
for the complete report from USDA Market News.
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures
- click 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
Tuesday August 13, 2019
| Featured Story:
The 2019 Oklahoma Hard Red Winter Wheat Crop is a record yielding crop- and has been revised one more time by the USDA National Ag Statistics Service in their August 2019 Crop Production Report. For the first time ever, the state of Oklahoma has averaged forty bushels per acre statewide- and that has allowed Oklahoma to claim third place in overall winter wheat production on a state by state basis- behind Kansas and Washington- the August Production estimate for Oklahoma called 110 million bushels- up from 7 million bushels raised in 2018.
USDA started the 2019 Oklahoma wheat production predictions in May with an estimate of 105 million bushels, based on an average of 35 bushels per acre for 3 million harvested acres. In that same time frame, the annual wheat review hosted by the Oklahoma Grain and Feed Association predicted a bigger crop than what USDA foresaw- with the elevator operators and others at that meeting offering a guess of 119.268 million bushels- based on 37 bushels per acre and a harvested acre number of 3.19 million acres.
By that time, the rains had really started to impact the crop, slowing the final development of the crop and resulting in acres not being harvested for grain. However, the June first Crop Production estimate still had USDA thinking that three million acres would be harvested- by that point- they saw a 37 bushel per acre yield and 111 million bushels being harvested.
Now- the August Crop Production report has been released by USDA- and what is likely to be the final number for 2019 has the same harvested acre number as the previous month at 2.75 million acres, with yield up again to 40 bushels, which brings the final bushels raised in 2019 at 110 million bushels.
You can read more into the August USDA Crop Production report, by jumping over to our website.
The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website
. For more information- call 405-235-4391.
|American farmers planted two percent fewer corn acres than forecast in June estimate but still exceeded 2018 acres planted by one percent, according to U.S. Department of Agriculture reports released today. The report indicates a 1.7 million-acre net decrease from the Acreage report released in June. At the same time, today's reports show a 3.5 bushel per acre increase to national average yield projections from last month, with 169.5 bushels per acre now forecast. With increased yield projections more than offsetting decreased planted acres, total production for 2019/20 is now projected to reach 13.9 billion bushels.Ending stocks are forecast up by 171 million bushels to 2.2 billion given reductions to the projected demand for corn from the ethanol and export sectors, along with increased production projections. The season-average corn price received by producers lowered by 10 cents to $3.60 per bushel.The numbers in this report come from survey respondents who reported acreage as not yet planted for corn, cotton, sorghum, and soybeans in fourteen States for the Acreage report, released June 28, 2019, who were re-contacted in July. Excessive rainfall had led to planting delays and challenges at the time of the survey, leaving a portion of acres still to be planted for corn and soybeans throughout much of the Midwest.
Click or tap here to read more about the corn planted this year.
The Farm Service Agency reports farmers were unable to plant a record 19 million acres this year. The recent round of Department of Agriculture reports Monday details the prevented plant acres, which are 17.49 million more than last year. Of those prevented plant acres, more than 73 percent were in 12 Midwestern states, where heavy rainfall and flooding has prevented many producers from planting mostly corn, soybeans and wheat.
The data suggests prevented plant acres total 11.2 million acres for corn and 4.4 million acres for soybeans. Undersecretary Bill Northey says the results show farmers are "facing significant challenges and tough decisions" this year. USDA supported planting of cover crops on fields where farmers were not able to plant because of their benefits in preventing soil erosion, protecting water quality and boosting soil health.
The report showed producers planted 2.71 million acres of cover crops so far in 2019, compared with 2.14 million acres at this time in 2018 and 1.88 million at this time in 2017.
You can read more about the report released by the FSA this week, by clicking or tapping here.
The USDA released its latest Crop Progress Report for this week on Monday, August 12, 2019. According to the report, corn silking nationally came in at 90% versus 78% last week.The US corn crop good to excellent ratings came in unchanged at 57% compared to the average trade guess of 55%. Last year at this time, corn was at 70% good to excellent condition. Soybeans blooming, nationally, came in at 82% versus 72% last week. Setting pods came in at 57% versus 37% last week. The US soybean crop is rated at 54% good to excellent condition, unchanged from last week and near the average trade guess of 53% and below normal by 12 points.
Pasture and range conditions have again deteriorated some over the past week, now at 54% good to excellent nationally, down from 58% last week. Click here to review the full USDA Crop Progress Report for the week of August 5, 2019.
Across the Southern Plains, pasture and range conditions continue to show signs of deterioration as well.
In Oklahoma, pasture and range condition this week in Oklahoma are reported at 8% poor to very poor, 37% fair and 55% good to excellent. Most of our spring planted crops are behind normal development- but continue to be looking pretty good, based on the latest crop condition ratings. To review the full Oklahoma Crop Progress Report for this week, click here.
In Kansas, pasture and range conditions rated 8% poor to very poor, 27% fair, 65% good to excellent. To review the full Kansas Crop Progress Report for this week, click here.
Finally, across Texas, pasture and range this week rates 30% good to excellent, 37% fair and 33% poor to very poor. To review the full Texas Crop Progress Report for this week, click here.
To sum up the current pasture and range condition here in the Southern Plains- here's the Good to Excellent Ratings for this week and the change from last week:
Oklahoma 55% +-0%
Kansas 65% -5%
Texas 30% -10%
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation. National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
Despite the challenges of higher tariffs against US beef versus its major competitors, Dan Halstrom, president and CEO of the US Meat Export Federation, says the industry has managed to continue to perform exceptionally well in the Japanese market all things considered. He offered his insight into the current situation in that marketplace during a recent interview with me.
"We're flat in Japan at $2.1 billion in sales and that's in the face of some very stiff headwinds with the differential duty of 12 to 13 percent versus Australia. The problem is - that number only gets bigger over time. That's the bad news," Halstrom said. "The good news is that the Administration is getting some momentum on a Japan-US ag fast track deal. So, we're enthusiastic and excited about the possibilities there of doing something rather than later, because time will slip by us if we're not careful."
Now that the US is no longer a part of the Trans-Pacific Partnership and subject to higher tariffs than its competitors, Halstrom says the USMEF's job marketing US beef and red meat products is quite a bit more difficult. In anticipation that a deal will soon be struck between the US and Japan, though, he says the organization is working diligently to protect its market share from the encroachment of competitors that are subject to less stringent tariffs. In order to do this, Halstrom says the USMEF relies heavily on US beef's best selling point - its overall quality.
You can listen to the entire conversation between Halstrom and I on Monday's Beef Buzz - here.
|The Interior Department Monday announced the implementation of revisions to the Endangered Species Act. The Trump administration says the changes apply to ESA sections which deal with listing and critical habitat, threatened species protection, and interagency consultation. Click or tap here for details found on the FWS website.
The changes direct ESA listings to be determined "solely on the basis of scientific and commercial information," and clarifies standards for delisting and reclassification. Further, when designating critical habitat, the new regulations reinstate the requirement that areas where threatened or endangered species are present at the time of listing be evaluated first before unoccupied areas are considered.
Oklahoma Senator Jim Inhofe was one of several Congressional leaders quick to celebrate the rule revisions saying "Today's action by Secretary Bernhardt and Fish and Wildlife Service is a much needed step in the right direction for the Endangered Species Act. We've seen before how the Act can be abused by environmental activist agendas, but by increasing transparency and ending the practice of one-size-fits-all reactions, we can end their sue and settle tactics while promoting responsible conservation without heavy-handed government intervention."
The National Cattlemen's Beef Association and the Public Lands Council welcomed the final rule. Public Lands Council President Bob Skinner says, "commonsense will once again be inserted into the ESA process." Barring court action, the rules package will officially take effect following a 30-day objection period.
The Oklahoma Cattlemen's Association was also pleased with the ESA update- Michael Kelsey of OCA told us via email "Oklahoma has habitat for several species relative to the Endangered Species Act (ESA) including the Lesser p\Prairie Chicken and the burying beetle. OCA appreciates the great work that NCBA and PLC have done to lead for this much needed reform to the ESA which is very good for landowner private property rights."
Farm Bureau Federation President Zippy Duvall
in his own statement, "These new regulations restore the traditional distinction between threatened and endangered species. That's important. In the real world, the things we must do to restore a threatened species are not always the same as the ones we'd use for endangered species. This approach will eliminate unnecessary time and expense and ease the burden on farmers and ranchers who want to help species recover."
Oklahoma's Bob Funk of Yukon, owner of Express Ranches, is one of thirteen individuals to be honored in an onstage ceremony with a VIP Citation at this year's National FFA Convention & Expo held in Indianapolis Oct. 30-Nov. 2. The VIP Citation recognizes individuals' significant contribution to FFA and agricultural education.
"The VIP Award recognizes the dedicated individuals who contribute to the FFA mission of student success through their hard work and cooperation," National FFA chief executive officer Mark Poeschl said. "Without such strong and outstanding commitment, FFA would not be able to help build strong character in its members, who in turn become strong leaders in their families, communities and businesses."
You can read more about Bob Funk's VIP Citation from the National FFA Organization, by clicking or tapping here.
Last Call for Registration for the 2019 OK Wheat Review Set for Wednesday
The 2019 Annual Wheat Review and Oklahoma Wheat Growers' Association Annual Convention will be held Wednesday, August 14 at the Redland Community College in El Reno, OK. Registration to attend the event is free for members and $50 for non-members.
The program begins at 9:15 Wednesday morning with presentations to follow from OSU's Wheat Improvement Team and others who will discuss the success of this past year's crop and variety trials. Be there early for donuts and coffee and stick around for lunch. The day will conclude with business and board of directors' meeting.
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