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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.
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.
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
Monday, January 27, 2020
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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Friday the Regents at Oklahoma State University approved the name Ferguson College Of Ag for the formerly named The College of Ag and Natural Resources (CASNR).
Dr. Tom Coon told supporters in an email, "Today, the Oklahoma A&M Board of Regents approved the renaming of OSU's college of agriculture to recognize the Ferguson Family Foundation.
"Perhaps most meaningful for me over the past few days since the gift announcement has been witnessing the reactions of students and alumni to such a significant contribution, one that will transform our efforts and the university for generations. We truly are heading toward New Frontiers, which is the appropriately-named campaign to raise funds for a new building for the Division of Agricultural Sciences and Natural Resources.
"The Ferguson announcement served as the public launch of the campaign to raise $50 million toward construction. Half of the Ferguson's gift goes toward those costs. With other pledges and gifts, we are now more than 60 percent toward our goal. This investment is truly a vote of confidence in the ability of our faculty, staff and students to change the world through teaching, research and extension."
This past week- we rolled out our Road to Rural Prosperity Podcast with Dr. Coon- we do a deep dive into the gift by the Fergusons, the Renaming of the College of Ag and the replacement of Ag Hall- take a listen by clicking or tapping here.
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Sponsor Spotlight
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 Tulsa City Farm Show.
Up next will be the Oklahoma City's premier spring agricultural and ranching event with returns to the State Fair Park April 23-24-25, 2020.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2020 Oklahoma City Farm Show. To learn more about the Oklahoma City Farm Show, click here.
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USDA's Natural Resources Conservation Service (NRCS) reminds historically underserved producers, who are participating in the Environmental Quality Incentives Program (EQIP), of the advance payment option. This option allows them to get conservation practice payments in advance of practice implementation.
"The advance payment option makes NRCS conservation assistance more accessible to underserved producers," said NRCS Chief Matthew Lohr. "It enables them to participate without having to worry about covering up-front costs themselves or looking for a loan to cover the costs. Some farmers don't have the financial ability to wait for the NRCS reimbursement to arrive." Gary O'Neill, State Conservationist for Oklahoma stated that "This will help some of our producers to begin work early in the season to still be able to get their crops in the field and not miss too much of the growing season. While long-term planning is important, meeting short-terms challenges is often critical. NRCS Oklahoma is committed to being there for producers to help them address those challenges."
EQIP provides financial and technical assistance to address natural resource concerns and to deliver environmental benefits, such as improved water and air quality, conserved ground and surface water, reduced soil erosion and sedimentation, and improved or created wildlife habitat. In fiscal 2019, NRCS invested $1.3 billion through EQIP to implement conservation practices on more than 13 million acres.
Click here to learn more about the Advance Payment Option from the NRCS.
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The Obama Era WOTUS, Waters of the US rule, is gone, and the Trump administration has come up with a replacement. It's called the Navigable Waters Protection Rule.
Scott Yager, Chief Environmental Counsel of the National Cattlemen's Beef Association, likes what he sees thus far. "Well, I can tell you to start, that this is a huge improvement over the Obama administrations 2015 WOTUS rule. The Trump administration repealed that rule in September of 2019. Now today's action, that was just finalized by the EPA Administrator, Andrew Wheeler, and the Army Corps of Engineers, this action creates the replacement. So it's a new definition of waters that are federally jurisdictional. You might be saying, Well, why do we need to do that? We got rid of WOTUS, that should be good enough. Well, the reality is, without the new definition of Waters of the US. It basically leaves the government to regulate just about anything, because there are no boundaries to where they need to adhere to. So the purpose of this new rule is two-fold. Number One, Is to pull back federal jurisdiction, pulling it back from the 2015 rule, right, and this rule clearly does that. It's a more constrained regulatory rule than 2015.
Number two. It provides more clarity to landowners.
So, if you think you might have a federally jurisdiction or water on your pasture, you have a clearer set of rules to understand what that means. So overall, it's getting rid of those ephemeral features. Those are the features that only convey water during or after a rain or snowmelt; that was something that was categorically regulated under the Obama administrations rule. So that's a huge change and pullback of federal overreach. And then also it spells out very clear exclusions for agricultural features, such as stock ponds, irrigation ditches, and the like.
You can listen to Yager's comments on Friday's Beef Buzz - here.
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The Red River Crops Conference was held in Altus this past week, and I caught up with Dr. John Robinson, Cotton Economist with Texas AgriLife Extension to talk about this year's cotton crop- as it relates to marketing strategies.
Robinson says he has been a little uncertain about having fewer acres this year, "I'm uncertain about that acres question, it's probably the biggest variable in my mind. My target has been changing because relative prices of cotton to feed grains have been changing rather steadily across the whole fall, favoring more and more cotton acres planted. You know four months ago, I thought we were going to have a three and a half million acre cut in acreage. And now, I'm not sure we'll have a cutting in acreage at all, we'll just have to see."
Robinson says that would be pretty significant, and it would affect the ending stocks outcome and the price outcome, "We could be in a very tight situation with prices justified, you know, shooting at 80 cents, If we planted a lot fewer, but if we plant kind of similar to what we've got now, then, basically we could be treading water and just to have prices, kind of in a similar pattern what we saw last year."
Click here to listen to the whole conversation between Robinson and I regarding uncertainties for cotton this year.
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Sponsor Spotlight
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Price. Protection. Peace of Mind. That's AFR Insurance.
Visit www.afrmic.com today to find your local agent and get a quick quote today!
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Last week, hundreds of Iowans wrapped up a day of lobbying Iowa by presenting a national petition to top presidential candidates signed by over 7500 people across the country demanding a factory farm moratorium and support for Sen. Cory Booker's Farm System Reform Act (FSRA).
The group gathered the petition, signed by voters and residents across the country, in just three days. Support for the FSRA and an overhaul of America's farm system is at an all-time high and candidates will face more and more pressure as the Iowa caucuses approach.
"Any agricultural platform that does not adequately address the worsening factory farm crisis we're facing across the country, is half baked and majorly flawed," said Krissy Kasserman, Factory Farm Organizing Manager, Food & Water Action. "With the presidential primary approaching, Americans want candidates that prove they will be bold on agriculture and commit to stopping factory farming."
You can read more about the petition being signed to ban factory farming, by jumping over to our website.
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Mike Thralls didn't just cast seeds of knowledge out and then turn and walk away. He made sure the information he shared about conservation/agriculture set deep roots that would be sustainable. He nurtured what he sowed.
February will mark five years since his passing. This April will mark five years of recognition of the Mike Thralls Memorial Scholarship winners. Two $500 scholarships are awarded on an annual basis to students who are either current high school seniors that will be pursuing a degree in agriculture or natural resources at Oklahoma State University, or students currently enrolled at OSU in the Ferguson College of Agriculture and are graduates of an Oklahoma high school.
Thralls served agriculture and conservation is so many ways including serving through the years as the Executive Director of the Oklahoma Conservation Commission and as the Assistant Secretary of Agriculture. He also served as President of the National Association of State Conservation Agencies (NASCA).
Click here to read more about the Mike Thralls Memorial Scholarship.
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I talked with OSU Extension Livestock Market Economist Dr. Derrell Peel about the Friday January 24th Cattle on Feed Report- and more- on Friday afternoon.
According to the USDA, 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 January 1, 2020. The inventory was 2 percent above January 1, 2019. The inventory included 7.37 million steers and steer calves, up 1 percent from the previous year. This group accounted for 62 percent of the total inventory. Heifers and heifer calves accounted for 4.59 million head, up 4 percent from 2019.
Placements in feedlots during December totaled 1.83 million head, 3 percent above 2019. Net placements were 1.76 million head. During December, placements of cattle and calves weighing less than 600 pounds were 465,000 head, 600-699 pounds were 455,000 head, 700-799 pounds were 413,000 head, 800-899 pounds were 295,000 head, 900-999 pounds were 95,000 head, and 1,000 pounds and greater were 105,000 head.
In our podcast conversation- we went beyond the Friday numbers and looked to the end of the month Cattle Inventory report as well as talked about profitability in the cattle business in 2020 and how things are stacking up.
You can listen to the whole conversation between Peel and I regarding cattle on feed, by clicking or tapping here.
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Great Plains Kubota, 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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