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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 here for this morning's Farm news from Ron Hays on RON.
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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.
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:
Futures Wrap:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
KC Sheperd, Associate Farm Director and Editor
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Kane Kinion, Web and Email Editorial Assistant
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, January 24, 2020
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:
As the impeachment trial continued on the floor of the US Senate- the Trump Administration laid claim to fulfilling another campaign promise from 2016 as EPA Administrator Andrew Wheeler and Assistant Secretary of the Army for Civil Works R.D. James
unveiled a new, clear definition for "waters of the United States." With the
Navigable Waters Protection Rule, the U.S. Environmental Protection Agency (EPA) and the Department of the Army (Army) have offered a replacement to the Obama era WOTUS- this rule is a final rule and takes effect in March.
"EPA and the Army are providing much needed regulatory certainty and predictability for American farmers, landowners and businesses to support the economy and accelerate critical infrastructure projects,"
said EPA Administrator Andrew Wheeler. "After decades of landowners relying on expensive attorneys to determine what water on their land may or may not fall under federal regulations, our new
Navigable Waters Protection Rule strikes the proper balance between Washington and the states in managing land and water resources while protecting our nation's navigable waters, and it does so within the authority Congress provided."
Click
or tap here to read more of the release from EPA- and to have a chance to jump over to read the full rule.
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Sponsor Spotlight
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Oklahoma Reaction to New Clean Water Rule- Two Thumbs Up
We gathered a good bit of Oklahoma reaction once word came from EPA and the Army Corps that the Navigable Waters Protection Rule was out- including comments from Oklahoma Senator
James Lankford:
"Oklahomans want clean, safe water in our rivers, lakes, and streams. Unfortunately, previous administrations used an extreme interpretation of the Waters of the United States rule, which significantly impacted how farmers, ranchers, and developers could
use their land and how much money and time they had to spend to get an answer of what is permissible under the onerous rule.
"The Trump Administration has finally provided clarity and certainty with the new Navigable Waters Protection rule that will allow landowners, farmers, ranchers, and developers to put their resources in their community, not fighting a federal agency."
OKlahoma's Senior Senator Jim Inhofe also was very pleased with the new rule- saying "The EPA's release of this finalized WOTUS replacement rule is welcome news. Today, we can finally put the Obama-era WOTUS rule behind us and put the power
back where it belongs, in the hands of the states. Rural states, like Oklahoma, have been severely harmed by the regulatory overreach of the Obama-era WOTUS rule. The agricultural community in Oklahoma was one of the hardest hit-which is why it was one of
their top legislative priorities for so long. I'm proud that the threat of the federal government's land grab is now officially dead."
Congressman Frank Lucas also praised the EPA and Army Corps- Saying "the new rule will provide clarity to the EPA's regulatory framework and will dramatically reduce the overburdensome regulation currently felt by farmers, ranchers, small business
owners and landowners."
Also weighing in- Michael Kelsey with the Oklahoma Cattlemen's Association- "This is a major positive announcement for Oklahoma Agriculture. One of the worst issues with the old rule was the vagueness and uncertainty. This new rule provides
clear definitions giving cattle producers certainty on such things as stock ponds and roadside ditches. We are thankful to the Administration for recognizing the need for this new rule."
Rodd Moesel with the Oklahoma Farm Bureau also offered a positive first take on the rule which will go final in 60 days:
"Oklahoma Farm Bureau members deeply value clean water because it is crucial to our very livelihoods as farmers and ranchers. Today, we applaud the announcement of a new clean water rule that brings clarity and certainty to farmers and ranchers across
the country.
"We're grateful that the new regulation frees farmers and ranchers to continue protecting our valuable water resources without drastically hindering our ability to produce healthy and affordable food and fiber for the world."
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As you would expect- U.S. Secretary of Agriculture Sonny Perdue yesterday
praised the Environmental Protection Agency (EPA) for defining the Waters of the United States (WOTUS) rule with the Navigable Waters Protection Rule
"President Trump is restoring the rule of law and empowering Americans by removing undue burdens and strangling regulations from the backs of our productive farmers, ranchers, and rural land-owners. The days are gone when the Federal Government can claim
a small farm pond on private land as navigable waters," Secretary Perdue said. "I thank President Trump and Administrator Wheeler for having the backs of our farmers, ranchers, and producers and for continuing to roll back Federal overreach. With reforms and
deregulation, Americans once again have the freedom to innovate, create, and grow."
Many environmental groups are furious with the Administration over this rule- one example is the National Wildlife Federation:
"At a time when communities across the country are desperately trying to clean up polluted waters and one-third of wildlife species are at a heightened risk of extinction, this misguided rule places our drinking water, our wildlife and our nation's
way of life further at risk," said Collin O'Mara, president and CEO of the National Wildlife Federation.
"Since the Administration refuses to protect our waters, we have no choice but to ask the courts to require the EPA to follow the law. We simply cannot afford to lose protections for half of our remaining wetlands, nor can we take any unnecessary
chances with our drinking water."
Here are several more reactions- all of these praising the release of the rule- that we were able to gather:
Texas and Southwestern Cattle Raisers Association -
click here.
National Cattlemen's Beef Association -
click here.
National Corn Growers Association -
click here.
National Association of Wheat Growers -
click here.
American Farm Bureau Federation -
click here.
National Pork Producers Council -
click here.
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Drought coverage in Oklahoma continues to shrink with some unusual January rains helping in parts of southwestern Oklahoma. Total drought coverage in the state has slipped under ten percent- now at 9.04% in the report released on Thursday morning, January
23, 2020.
With the Abnormally Dry stats added in- 19.5% of Oklahoma remains Abnormally Dry or in Drought- that's down from 28.23% a week ago and down from 44% three months ago(October 22nd).
Most of Cimarron County at the end of the Panhandle remains in Severe Drought(D2) which accounts for the 2.52% of the state in the D2 rating. There has been no D3 or D4 drought in the state over the past year.
To read more,
click or tap here.
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Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks wheat prices with SUNUP's Kurtis Hair this week and what the world market is looking like in
early 2020.
"If you look at wheat this last week, we had a little rally in the middle of the week," Anderson said. "Wheat and corn prices are wallowing around mostly soybean prices are falling off about $.25/bu and the cotton market moved about $.2/lb."
Anderson says the soybean market is waiting for China to arrive wanting to buy some. This all comes after the Phase 1 deal was signed. However, Anderson adds that Phase 1 doesn't actually go into effect until February 14. He also says that China might
be waiting to buy beans from the U.S. to wait for the prices to go down even more.
You can watch this week's episode of SUNUP this weekend or you can listen to the conversation now, by
clicking here.
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Sponsor Spotlight
The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding
consumer expectations. To learn more, visit www.oklabeef.org.
Also, don't forget to like its Facebook page at www.facebook.com/oklabeef
for stories on Oklahoma's ranching families and great beef recipes.
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Alisa Harrison is Vice President for Global Marketing and Issues Management for the National Cattlemen's Beef Association. She was on a panel at the American Farm Bureaus annual convention in Austin, Texas, where they were talking about
beyond meat and impossible burgers. Harrison says as far as the beef industry concerned, the key is to make sure consumers understand what these products really are all about.
"We know that the consumer out there is very smart, and when they have the right information, they will make good choices from that standpoint. I think it's important to remember that this is a very small part of the market. What our research shows is
that consumers who are trying some of the meat alternatives, it's not taking away from beef consumption. They're still eating the same amount of beef, the same amount of chicken, the same amount of pork. These are just another protein option that is out there
today. From a consumer standpoint, they look at all; this is just options for them.
Our research also showed that when we go out and are more negative about some of the plant-based products that are out there, they don't like that. They don't like the beef industry going out, and you know trying to squash innovation or some of these
products because they make those choices, themselves, and it's up to them to decide what they want to eat. So when we go out and talk to consumers, we spend a fair amount of time trying to make sure that we're presenting information to them in a way that they
want to receive it, and where they want to receive it. Whether it's on Facebook, whether it's on Twitter, Instagram, Pinterest, any of those, that's where we're kind of playing from that same point. When the consumer has the products in front of them, whether
it's a plant-based burger, or lentils or tofu, they're looking at it completely different than what we are. So I think it's important for us to keep in mind. It's not an either-or, and it's not a substitution for beef.
You can listen to Alisa's comments on Thursday's Beef Buzz -
here.
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Dr. Jody Campeche of the National Cotton Council spoke yesterday at the Red River Crops Conference in Altus. I caught up with the Oklahoma native afterward to talk about what the Phase One Trade deal with China would mean for the Cotton
industry, "Yes, we know based on the information that's come out so far that they will increase ag purchases and of course Cotton's in that mix. So that's definitely good news, we don't know the details yet of exactly how many more purposes for cotton there
will be, but I think it's great news to get China back into becoming a larger customer of U.S. cotton."
Right now, there is a 25% tariff on U.S. Imports of cotton into China and Campeche says those tariffs will remain in place. Even with the Phase One Trade deal, China will be able to make some changes to import quotas to get cotton in without the tariff.
She says we have a lot of ground to make up when it comes to imports to China, "So while this U.S./ China trade dispute has been going on, China has turned to other export markets to get their cotton, and Brazil is one of the large ones. So U.S. Cotton used
to have about 45% market share in 2017, and in 2018 that dropped to about 17%, and Brazil has gained a lot of our market share in China."
Campeche says the good news is that China likes U.S. Cotton, and we have a good relationship with China. "I think the big thing is just kind of how this trade deals going to work out, and they're able to get cotton in without that tariff."
You can listen to the whole conversation between Campeche and I regarding cotton prices in 2020,
by clicking or tapping here.
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The chicken sandwich may have won 2019, but the chicken wing will still reign supreme over the big game in 2020. The National Chicken Council (NCC) today released its annual Chicken Wing Report projecting
Americans to consume a record-breaking 1.4 billion chicken wings during Super Bowl LIV weekend.
Americans' love for wings only continues to grow. This year's wing consumption estimate is a two percent increase over 2019, meaning Americans will eat 27 million more wings during this year's big game weekend versus last year's. To put that in perspective,
if Kansas City Chiefs' coach Andy Reid ate three wings per minute, it would take him about 900 years to eat 1.4 billion wings.
More ways to visualize 1.4 billion chicken wings...
· Every player in the NFL, including the San Francisco 49ers and Kansas City Chiefs, would have to consume 825,000 wings each to reach 1.4 billion
· 175 million pounds of wings weighs 1,500 times as much as the entire 49ers team and three of their team buses
· 1.4 billion wings could circle the circumference of the Earth 3 times
· 1.4 billion wings are enough to give every attendee of every Super Bowl since 1967 each 342 wings
· 1.4 billion wings laid end to end would stretch the entire Florida coastline, home of Super Bowl LIV, more than 9 times
· If each of the 1.4 billion wings were counted as one second, they would equal about 45 years
Click
here to read more about the record breaking number of chicken wings for this year's Super Bowl.
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Our thanks to Midwest
Farms Shows, P
& K Equipment, AFR
Insurance, Oklahoma
Farm Bureau, Stillwater
Milling Company, National
Livestock Credit Corporation, Oklahoma
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 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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