Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 12/23/2019, 5:29 AM
To: ron@ronhays.com



 
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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 or tap here for this morning's Farm news from Ron Hays on RON.
 

 
Let's Check the Markets!  
MarketLinks


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.
 

Here's a rundown of several of the key regional markets from last week- the final week of cattle market trading in 2019- click on the Sale Name to see complete results:






 
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 Friday afternoon, December 20th
 
 
Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture on Friday, December 20th.
 
  
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network - analyzing the Futures Markets from the previous Day.
 
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
 
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
 
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.
 


 
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
   Monday, December 23, 2019 
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
One Featured Story:

It's been a good year at the Oklahoma Beef Council with new and expanding programs. Here is our list of "Top Ten" Oklahoma Beef Council programs in no particular order. No order, because they are all important to the whole.


OKC Pro Basketball Star Steven Adams Partners with the Oklahoma Beef Council
A unique partnership with Oklahoma City professional basketball player Steven Adams helped the Oklahoma Beef Council (OBC) energetically kick off 2019 with a digital marketing campaign. In the first video of the series, Adams shared how he loves beef and he "smashes steaks," a phrase that took off in Oklahoma sports media. Going viral, the video achieved more than 700,000+ views in four days and through earned media, the campaign has achieved more than 20 million+ impressions.


Nicely Done, Beef! Beef Checkoff Videos Viewed 19 million+ times
In FY 2019, the Oklahoma Beef Council was thrilled with the success achieved through YouTube advertising achieving more than 19 million video views through two campaigns. In other words, this would be the similar to a television commercial being viewed in its entirety 19 million times (no skipping through commercial). The vibrant videos showcased beef's protein and nutrition, the pleasure found by choosing beef and the people who raise beef with the ultimate goal of inspiring consumers to buy beef.


You can read about the other top ten for 2019 from the Oklahoma Beef Council, by jumping over to our website


Sponsor Spotlight
 

Oklahoma Agriculture Mediation Program, Inc. has been helping people in agriculture resolve conflicts since 1987. Since becoming the first USDA-certified mediation provider for the state of Oklahoma, our professional mediators have helped thousands of farmers, ranchers and federal agencies work together to reach realistic, durable solutions to the challenges they face. OAMP, Inc. knows how costly and stressful it is to leave the decision about one's future in the hands of someone else, as would be the case in court or at a hearing. 

OAMP, Inc. is there as part of a program that helps people talk about what really matters so they can reach their own solutions in mediation. Learn more about OAMP, Inc. and the mediation process by visiting their website at https://www.ok.gov/mediation/ or contact them toll free at 1-800-248-5465.


Policymakers in Washington are ending the year with a blitz of activity on trade and immigration reform, setting up significant milestones for the U.S. economy, rural economy and the agricultural sector in 2020, according to the latest Quarterly Rural Economic Review from CoBank's Knowledge Exchange division.


"The fourth quarter is certainly ending with much more optimism on trade and the economy compared to how it began," said Dan Kowalski, vice president of CoBank's Knowledge Exchange division. "Resolution on the USMCA deal, in particular, will deliver a collective sigh of relief for many businesses across North America."


The year will start with a limited U.S.-China trade deal and ratification of USMCA. Immigration reform has also cleared the House and has the potential to become law in Q1 2020. The preliminary "phase one" trade deal with China will likely add some level of certainty to businesses that are looking to invest. Specific details of the deal remain unclear, but the biggest winners from the limited agreement are expected to be the grain, animal protein and dairy sectors.


Click or tap here to read more from CoBank regarding the final quarter of 2019. 


Thursday was a great day for the beef industry, and the National Cattlemen's Beef Association's Director of International Trade and Market Access, Kent Bacus is excited about the House of Representatives overwhelmingly passing the ratification of the US Mexico, Canada Agreement, or USMCA. Bacus says this is a win for all of agriculture, "This is a great day for us. This is a great day for NCBA, a great day for the US beef industry, a great day for America. I think you're seeing a lot of positive statements come from the House of Representatives from both Republicans and Democrats because this is an agreement that everyone can get behind. This brings NAFTA, into the 21st century, it really strengthens our trade relationships with Canada and Mexico, while protecting a lot of those market access terms that have given us an advantage in Canada Mexico as US beef producers for over 20 years. So this is a good day for us. We get to see the continuation of strong sales into Canada and Mexico. We have that unrestricted duty free access that's made American beef, the preeminent beef in North America. We're going to continue to see growth in those markets for years to come. So this is a really good day for us."


Bacus says it's a real credit to Robert Lighthizer trade ambassador for the Trump administration, to keep those lines of communication open with the House Democrats for months. And he says along those lines, groups like NCBA needed to stay the course as well, "NCBA has been in the room for this agreement, the entire time. For all the discussions, the hearings. All have meetings with staff on Capitol Hill to help them understand how important this is for us. This is a culmination of months and a couple of years of work to really emphasize how important trade with our North American partners is for the US beef industry. So, NCBA participated in numerous hearings, we've had so many meetings on Capitol Hill, but really it was an educational push. It was a combination of NCBA and our state affiliates, that really is the strength of our organization. As the trusted leader and the definitive voice of the US beef industry, NCBA is the one that's able to bring everyone together and speak on behalf of our industry. So this is just another example of a big victory for our industry, and NCBA was part of all those important conversations that helped make this possible., so this is something we can all be proud of."


With a House vote complete, this a significant victory for President Trump. Next up, consideration in the US Senate in 2020. Bacus says to expect this early in the year, "We expect the Senate will take this up and sometime in January. I think the senate finance committee will need to get its hands on it, and have a hearing, and be able to talk about it. But the Senate never moves at lightning speed anyway. It's designed to move a little slowly. So I anticipate that we will see this before the State of the Union address at the end of the month."


You can listen to the entire conversation between Bacus and I on Friday's Beef Buzz - here


The House of Representatives passed Farm Bureau-backed legislation that will improve the accuracy of broadband coverage maps to better identify needs.
 

The Broadband Deployment Accuracy and Technological Availability (DATA) Act (H.R. 4229) requires broadband providers to report more specific data to create a significantly more accurate and granular National Broadband Map. With more precise data, federal agencies can target funding to areas that need it most.
 

"Broadband is a necessity and many rural areas still don't have access to it or are underserved.  With limited funding, it's critical we target resources where they are needed most," said American Farm Bureau Federation President Zippy Duvall. "Farm Bureau thanks members of the House who worked diligently to pass this legislation and who are committed to delivering broadband access to rural communities. We strongly encourage the Senate to take up this issue without delay."
 

You can read more from AFBF regarding the development of broadband in rural America, by clicking or tapping here


Sponsor Spotlight

 
As Oklahoma's largest John Deere dealer, P&K Equipment is proud to be your local expert source for equipment, parts, and service. As an Oklahoma-based, family-run company, the P&K network consists of 16 locations in Oklahoma, 2 locations in Arkansas, and 9 locations in Iowa. Our Oklahoma and agricultural roots run deep and our history spans over 30 years.
 
At P&K, we make it our mission to provide you with top-notch solutions and unbeatable customer service at a price you CAN afford. Visit pkequipment.com and you'll have it all at your fingertips: request a quote, schedule service, get a value for your trade, find current promotions, and shop for parts online. Stop by one of our locations today to meet the P&K team. You'll see why around here, John Deere starts with P&K.



 Over the past year, the Food Safety and Inspection Service (FSIS) at the U.S. Department of Agriculture (USDA) has moved forward in its goal of modernizing the agency from top to bottom while fulfilling its mission to prevent foodborne illness and protect public health.


"It's all about the science," said Dr. Mindy Brashears, Deputy Under Secretary for Food Safety. "Science and data inform every decision we make."


In fiscal year (FY) 2019, FSIS inspected more than 164 million head of livestock and 9.83 billion poultry carcasses. FSIS inspection program personnel also conducted 7.1 million food safety and food defense procedures across 6,500 regulated establishments to ensure meat, poultry and processed egg products are safe and wholesome.


Click here to read more from the USDA regarding the year review. 

Six Final Cattle on Feed Report of 2019 Shows 12 Million Head in US Feedlots- Placements Above Expectations

Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on Dec. 1, 2019. The inventory was 2% above Dec. 1, 2018, USDA NASS reported on Friday.


Placements in feedlots during November totaled 2.09 million head, 5% above 2018. Net placements were 2.03 million head. During November, placements of cattle and calves weighing less than 600 pounds were 620,000 head, 600-699 pounds were 500,000 head, 700-799 pounds were 423,000 head, 800-899 pounds were 310,000 head, 900-999 pounds were 130,000 head, and 1,000 pounds and greater were 110,000 head.


Marketings of fed cattle during November totaled 1.81 million head, 3% below 2018.


The report came out about in line with the on feed average estimates ahead of the report- Bloomberg showed pre report On Feed estimates 101.9% of a year ago. Placements were well above the pre report guess of 101.2% while the marketings pre-report guess was 97.4%- versus the 97% marketing number in the actual report.

We will find out at 8:30 AM this morning how bearish that Placement number might be based on the Live Cattle futures at the CME- 

Click or tap here for our complete story on the Cattle On Feed Report- including the breakdown of the Southern Plains Feedlot numbers released on Friday. 


Seven Senate Prospects for USMCA- Early or Late January?

Following a landslide vote to pass the U.S.-Mexico-Canada Agreement in the House last week, the trade deal heads to the Senate. A vote, expected in January, could come early in the month, pending how the impeachment articles are handled. House Speaker Nancy Pelosi last week elected to hang on the impeachment documents, rather than send them off immediately to the Senate. Pending on how long she chooses to hold them, the action could clear a window for the Senate to consider USMCA.

Senate Finance Chair Chuck Grassley Friday announced his committee intends to hold a markup hearing on January 7, 2020, based on the expectation that the Senate will have received the legislation beforehand from the House of Representatives. Grassley says, "This markup will move us closer to ratifying USMCA in early 2020.

Senate leadership expects they could quickly consider and pass the agreement within a couple of days. However, if the Senate must start the year with impeachment trials, then a vote will come near the end of January, following the hearings.


Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Pork CouncilOklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit CorporationOklahoma Beef Council, Oklahoma AgCredit, Oklahoma Ag Mediation Program, Inc.the Oklahoma Cattlemens Association and  KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- at NO Charge!


We also appreciate our Market Links Sponsor - OKC West Livestock 
 
 
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.   
 

 
God Bless! You can reach us at the following:  
 
phone: 405-473-6144
 

 



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