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Let's Check the Markets!
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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.
offered 846 head of cattle with 0 head actually selling - click here
to jump to the website.
At OKC West
in El Reno feeder steers sold 1.00-4.00 higher and feeder heifers traded mostly steady - click here
to review the complete sale report.
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
Thursday, October 3, 2019
| Featured Story:
Tulsa State Fair Grand Champions Selected for 2019- Led by Grand Steer Shown by Kaid Reininger of Newcastle FFA
The 2019 Grand and Reserve Champions were named at the Market Animal Show of the Tulsa State Fair on Wednesday evening- the top animals at the 2019 show will be featured in the Premium Sale of 4-H and FFA animals THIS afternoon at 5 PM at the Tulsa State Fair in the Ford Truck Arena.(Thursday October 3)
Click or tap here to see the Premium Sale Lineup for the 2019 sale.
Grand Champion Steer- Kaid Reininger, Newcastle FFA (Crossbred)
Reserve Grand Steer- Tate Bell, Bristol FFA (Chianina)
Grand Champion Barrow- Pace Mittelstaedt, Amber Pocasset FFA (Crossbred)
Reserve Grand Barrow- Madilyn Norvell, Amber Pocasset 4-H
Grand Champion Lamb- Mason Smith, Elk City FFA (Hampshire)
Reserve Grand Lamb- Jack Thomas, Beckham County 4-H (Hampshire)
Grand Champion Goat- Addyson Schneberger, Carnegie 4-H
Reserve Grand Goat- Dally Treadwell, Rogers County 4-H
Grand Champion Broilers- Zac Chitwood, Tipton FFA
Reserve Grand Broilers- Lukas Harmon, Mulhall Orlando FFA
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.
In a statement released yesterday, the National Milk Producers Federation denounced subsidies and barriers that handicap U.S. businesses in the global marketplace as violations of international trade commitments and argued that they shouldn't be tolerated.
"We strongly support the World Trade Organization's imposition of $7.5 billion in retaliatory duties on European products, including dairy foods, to prod the EU to uphold its World Trade Organization commitments and reinforce the importance of two-way trade," NMPF stated. "NMPF strongly endorses the U.S. Trade Representative's new list of European dairy exports that will now face higher tariffs, including cheeses, yogurt and butter."
According to the NMPF, the U.S. is running a $1.6 billion dairy trade deficit with Europe because of what it deems unfair EU trade practices that "block our access to their market while they enjoy broad access to ours."
You can read more from NMPF regarding WTO's decision, by jumping over to our website.
A monthly measure of farmer sentiment shows producers are more pessimistic about current conditions. The monthly Purdue/CME Group Ag Economy Barometer slipped to 121, down three points from August. However, the Index of Current Conditions, a sub-index of the barometer, dropped 22 points to a reading of 100.
The barometer is based on a mid-month survey of 400 agricultural producers across the United States. A reading of 100 is considered neutral, with anything below negative, and anything above, positive. Despite the weak near-term outlook provided by farmers, they expressed some optimism about the future. The Index of Future Expectations rose six points compared to August.
In the September survey, only one in five producers said they expect profitability to decline over the next year, compared to 41 percent back in May. Organizers say this could be a signal that farmers expect better times in 2020 compared to 2019, possibly because they are looking forward to a return to more normal growing conditions and crop production.
Click here to read the full story on our website.
Vice President for Government and Industry Affairs Chelsea Good and other members of the Livestock Marketing Association team have been travelling the countryside recently meeting with their members and stakeholders in the livestock business trying to get a feel of what is going on in animal agriculture, especially where the cattle market is concerned. Presently, conversations are being dominated by the impacts of the packing plant fire in Holcomb, Kansas. Prior to that though, she says people were focused on the growing need for a national traceability system.
"Since we've seen the fire and some issues in the markets in terms of pricing, there's probably more frustration in the countryside today then there was this summer when we were having those conversations," she remarked in an interview with me. "I think there's frustration not just on markets, but also the fact that agriculture is under attack in many ways."
Citing recent issues like the Green New Deal and increased competition from alternative meat products, Good says it is more important than ever to maintain and strengthen consumer trust in the animal agriculture industry.
You can listen to the entire conversation between Good and I on Wednesday's Beef Buzz - here.
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.
Scientists Address Need for Protecting Genetic Diversity of Food Animal Livestock in New Paper
The genetic diversity of livestock and poultry is dwindling, leaving one-third of the world's protein supply at risk to events such as weather extremes and disease outbreaks.
A new paper from the Council for Agricultural Science and Technology addresses the associated risks with reduced access to genetic traits, as well as what should be done to protect remaining breeds. According to the paper, "up to 25 percent of global livestock breeds are either at risk of being lost, or have already been lost."
"By losing breeds we make finding potential solutions to future production demands much more difficult, and recent history indicates that predicting future demand is problematic," the authors write. "Conserving breeds saves these options and keeping them in the agricultural landscape is a reminder that these options exist."
You can read more of the paper regarding the food animal gene pool in the future, by clicking or tapping here.
Through sustainability practices, U.S. chicken producers have significantly reduced the use of water, farmland, electricity, greenhouse gas emissions, and other valuable natural resources, according to the National Chicken Council.
The organization in a new report says producing the same amount of chicken today as 1965 has 50 percent less impact on the environment. However, knowledge of the environmental impact of chicken among consumers is low. Only half of respondents to an NCC survey are moderately knowledgeable about chicken's impact on the environment and the strides the industry has made.
To help bridge the gap, answer questions and address misperceptions, NCC is unveiling several new resources related to environmental sustainability, including videos, infographics, farmer testimonials, FAQs, social squares, blog posts and more.
The survey found the environmental impact of chicken is statistically as important as animal welfare in purchasing decisions by consumers. Half of the survey participants indicated a willingness to eat more chicken if they learned it is more sustainable than other protein sources.Click here to learn more or to check out these new online resources.
Senators James Lankford (R-OK) and Jim Inhofe (R-OK) joined by Representatives Frank Lucas (R-OK), Tom Cole (R-OK), Markwayne Mullin (R-OK), and Kevin Hern (R-OK) Wednesday released statements of support on the one-year anniversary of President Donald Trump's announcement of the three-country trade agreement, the United States-Mexico-Canada Agreement (USMCA).
"We have seen a year of unnecessary delay since President Trump first announced the USMCA, as our nation waits for Speaker Pelosi to allow the trade agreement to see the light of day in the House," said Lankford. "I believe the USMCA would easily pass the House, if Speaker Pelosi will stop needlessly stonewalling this important improvement for our trade in North America. My staff and I worked directly with the Administration to ensure Oklahoma voices were heard in its negotiations. With billions of dollars in trade with Canada and Mexico benefitting our agricultural communities, technology companies, and manufacturing industry, we need to immediately prioritize passage of this agreement for the good of the American people."
"The United States-Mexico-Canada Agreement is a good deal and we need to make it a reality," Inhofe said. "One year after President Trump's announcement of the USMCA, Speaker Pelosi still hasn't brought it up for a vote. This deal replaces the outdated NAFTA agreement that I opposed because it harmed American truckers and put our businesses at a disadvantage. Oklahoma farmers, ranchers and manufacturers demand trade certainty and this will provide them with just that. Speaker Pelosi needs to put her partisan politics aside and make this deal happen."
Click here to read more from the Oklahoma delegation in the U.S. Congress.
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