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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.
At OKC West in El Reno steer and heifer calf trends were not well tested but a sharply lower undertone was noted. Click or tap here to view the full report from the USDA.
From Monday- Click or tap here for the final report from the Oklahoma National Stockyards and click or tap here for the report from the Joplin Regional Stockyards- these reports are the ones we are posting to our website and capture this specific market day permanently.
FedCattleExchange.com has 636 head of cattle on their showlist for the Wednesday, September 11th sale of finished cattle - click here to jump to the website.
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
Wednesday, September 11, 2019
9-11: MAY WE NEVER FORGET
The Road to Rural Prosperity podcast features stories about rural Oklahoma and rural America, focusing on the state's journey to Top Ten status and the people and organizations driving us toward that goal. In Episode 2, this week, we visit with Brent Kisling, executive director of the Oklahoma Department of Commerce, about his role within the Stitt Administration and how he is leading a cultural change at the department to foster innovation and prosperity within our state's economy and throughout our local communities.
Episode two of the Road to Rural Prosperity is sponsored by BancFirst, BancFirst is Loyal to Oklahoma and Loyal to YOU- and by the Oklahoma Public School Resource Center, envisioning a quality public education for every child in Oklahoma.
During our interview, Kisling shares his insight into how each local economy is unique and how they each grow differently. The common thread they all share, though, is that in every community the charge is being led by a few dedicated leaders. The same is true at Oklahoma's Department of Commerce, where Kisling says he has taken up that mantle to advance Oklahoma's economic agenda. He shared the strategy that he, Commerce Secretary Sean Kouplen and the Stitt Administration have developed to make Oklahoma a more economically competitive state.
"The Governor has tasked us with trying to make sure we have a Top Ten growing economy," Kisling said. "And, we have a pathway that we have put together for economic growth and prosperity."
That pathway, according to Kisling, starts with building and implementing a strong brand for Oklahoma. With this, he says the Administration will elevate Oklahoma's perception to stakeholders outside the state. In addition, Kisling asserts that growing Oklahoma's legacy companies is imperative, while at the same time using a targeted approach to bring new industries into the state. The final piece of the puzzle, Kisling says, is to foster a culture of innovation and maximize our state's existing resources.
"I truly believe our rural areas are the most innovative areas we have," he remarked. "We need to figure out ways to amplify that. Those (rural communities) are our biggest assets and that's our road to making sure we are Top Ten."
Using this strategy, Kisling believes rural Oklahoma is uniquely positioned to help lift the state out of the peak and valley cycle of its commodity-based economic structure by integrating value-added components that will help expand the capitalization of products produced here in the state.
The conversation is also available on OklahomaFarmReport.Com as one of our Ag Perspectives Podcasts- Click or tap here
to listen there.
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.
"Economic and political order has become disorder," said AgResource president Dan Basse, in market analysis comments at the 2019 Feeding Quality Forum in Amarillo, Texas.
Basse says in a third of the world's economies today, the banks charge to keep money in a savings account. He says this is such a rare occasion.
"In agriculture, everybody is dropping their currencies so they have a competitive edge in producing more supply," Basse said. "This is what's giving us a supply bear market in the grains."
Disincentives to save brought world economic debt to record levels, and the U.S. at $23 trillion holds the largest share of the $243 trillion total.
"It's really why interest rates cannot rise," said Basse. "So, we are kind of locked into this environment of debt and low growth."
You can read more from Basse regarding the disorder in the economy and politics, by clicking or tapping here.
| Cattle Markets Not Expected to Improve as Seasonal Demand Shifts into Lower Gear Heading into Fall
It has been a bumpy ride lately for the cattle markets in recent weeks. Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says despite some slightly more encouraging numbers out from the US Meat Export Federation somewhat concerning though it may be, the shift in seasonal demand is likely to further complicate the current situation. In an interview this week, Peel touched on some of the contributing factors that are affecting the weakening markets.
"It's pretty tough for cattle markets right now. There's just a lot of things biting at this market right now," Peel said. "The markets in general are on the defensive because of a lot of broad-based unrest in the US and global economy."
Add to that the recent Tyson packing plant fire and the lingering uncertainty associated with the feed markets and the corn crop and Peel says overall, both the futures and cash markets are simply feeling a bit skittish. As fall approaches, beef demand will shift focus from middle meats popular during the summer grilling season to end meats like pot roast and ribs that are favored more during the cooler months.
You can listen to the entire conversation between Peel and I on Tuesday's Beef Buzz - here.
Alltech has launched a survey to gather insights into the professional landscape for women in agriculture. Announced Tuesday, the survey aims to collect feedback about the barriers that impede progress, and to identify the resources needed to ensure workplace equality. The survey is open to all sectors of agriculture, and the results will be revealed at the Women in Food & Agriculture Summit this December in Amsterdam.
Alltech CEO Mark Lyons says, "we hope to gain a better understanding of the challenges facing women in ag and identify opportunities for growth." Lyons says the industry needs to make sure "young people see themselves represented and can envision a future career in the industry."
Alltech has partnered with AgriBriefing to conduct the survey. Women and men in agriculture are encouraged to participate in the survey that will contribute to global conversation about gender equality in agriculture. A link to the survey can be found on our website - click here
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.
Each year, American Farmers & Ranchers leaders join their counterparts from AFR's sister organizations of the National Farmers Union from across the country to participate in a legislative fly-in to Washington, DC to speak with our nation's policy leaders about issues important to the agriculture industry and rural America. Bray Haven, AFR contract lobbyist, is in DC this week for that annual meeting and spoke over the phone with Radio Oklahoma Ag Network Associate Farm Director Carson Horn about the progress that has been made so far.
"The economy is so depressed in the agriculture community," he said. "And I just don't know how much longer our farmers and ranchers across Oklahoma and across the country cant take it."
According to Haven, trade has taken center stage this week in discussions with policy leaders. Haven has led those discussions along with AFR leaders also in attendance, attesting to the crippling effects that ongoing trade disruptions with China have had on the farm economy both in Oklahoma and around the country.
"We're talking to our lawmakers, telling them that we need a solution to the problems we have right now," Haven said. "Whether it's the trade war, the market disruption on the beef cattle side... there's just a lot of bad things going on in the farm economy and across the country - specifically Oklahoma because our economy is so dependent on the ag industry."
You can listen to the whole conversation between Haven and Horn regarding the progress being made in D.C., by jumping over to our website.
When it comes to growing crops in Oklahoma, soil health is an important factor for producers. Those interested in learning more about soil health should mark their calendar for the upcoming Organic Oklahoma Conference slated for Oct. 9-10 in the Student Center on the Oklahoma State University/Oklahoma City campus.
Lynn Brandenberger, interim head of OSU's Department of Horticulture and Landscape Architecture, said the workshop is aimed toward organic producers, gardeners and conventional producers interested in soil health issues.
Keynote speakers slated to be at the conference are Ajay Nair and Fred Kirschenmann, both of the Leopold Center for Sustainable Agriculture at Iowa State University. Other university and industry specialists will be on hand to share their expertise on topics like soil biometrics, remediation of urban soils, nutrient sources for organic crop production, terminating cover crops and more.
Registration is $75, which includes lunch and breaks. It is due by Sept. 30.
Click or tap here to learn how to register for the conference.
China is expected to agree to purchase more U.S. agricultural products in hopes of a better trade agreement. The South China Morning Post reports working-level officials were discussing the text of a deal, which would be reviewed when trade officials meet in Washington next month. The text is based on details negotiated back in April, before talks fell apart in May, after China backtracked on several previously agreed-upon issues.
China offered to purchase more U.S. agricultural products in exchange for the U.S. delaying implementation of further tariffs. China may also offer more market access and better intellectual property protection, according to a Chinese source familiar with the talks. A Chinese official told a group of U.S. business representatives Tuesday that China wats a "mutually accepted solution to the trade dispute." However, U.S. trade experts based in China suggests the October meeting is an attempt to peacefully get past the 70th anniversary of the People's Republic of China, suggesting talks will stall in 2020.
Peter Navarro says there is a 100 percent chance Congress will pass the U.S.-Mexico-Canada Agreement. The advisor to President Donald Trump told CNBC news that he "can't imagine that Nancy Pelosi would not put this on the floor to at least have a vote." He expects the vote will occur before the end of this year. Navarro has played a critical role in the negotiations with Canada and Mexico, as well as in the current U.S.-China trade war.
Democrats in the House are still voicing concerns over labor and environmental standards included in the trade agreement. Speaker of the House, Pelosi, has not offered comment in response to Navarro's claims. The U.S.-Mexico-Canada Agreement replaces the North American Free Trade Agreement and offers improved trade for U.S. agriculture.
Farm groups are planning a rally Thursday at the capitol in support of the agreement, and urging lawmakers to pass the trade deal. Mexico has already approved the agreement, and Canada is in the process of gaining approval for the trade deal.
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