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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 KC Sheperd 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.
Oklahoma National Stockyards reported 7,650 cattle for their Monday run- Compared to last week: Feeder steers trading steady to 4.00 lower. Feeder heifers steady to
4.00 higher. Steer calves steady to 6.00 higher on a light test.
Click here for their Monday report from USDA Market news.
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
OKC West in El Reno had higher prices on cows and bulls in their Monday trade-
Click here for the complete report.
Oklahoma Cash Grain:
Joplin Regional Stockyards had a Monday run of 4,817 cattle-
Compare to last week, steers and heifers under 600 lbs steady to
5.00 higher, 600 to 700 lb steers unevenly steady,
600 to 700 lb heifers
steady to 2.00 higher, steers and heifers over
700 lbs 2.00 to 3.00
lower.
Click here for their complete report from USDA Market News.
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
Sam Knipp, Farm 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
Tuesday, February 11, 2020
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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House Speaker Charles McCall has introduced a measure aimed at encouraging more doctors to practice in rural areas of the state.
House Bill 3823 would allow doctors who practice in rural communities to claim a $25,000 tax credit for the tax year beginning in 2021. The bill defines rural communities as any municipality with a population of less than 25,000 and that is also located
at least 25 miles from the nearest municipality with a population greater than 25,000.
"Oklahoma ranks near the bottom of states for access to primary care in rural areas, and the majority of those primary care physicians we do have in rural Oklahoma are closing in on retirement," said Speaker McCall, R-Atoka. "We need a multifaceted
approach to improving access to care in our smaller communities, and we have to find ways to encourage providers to move into and practice in those communities. This would allow those doctors to take that money they saved and invest it in their practices,
to pay student loans and to invest in the local community."
In last week's Road
to Rural Prosperity- Speaker McCall discussed this(and a lot of other key rural issues) with me click
here to hear the conversation
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Sponsor Spotlight
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And- their iPhone App, which provides all electronic futures quotes is available at the App Store-
click
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The U.S. House of Representatives on Monday approved legislation that authorizes funding for 740 new agricultural inspectors at land, air and sea ports to prevent African swine fever (ASF) and other foreign animal diseases (FAD) from entering the United
States. In October 2019, the Senate approved an identical version of the bill (S. 2017), which the House approved today. Providing additional agricultural inspectors represents a top priority for the National Pork Producers Council (NPPC).
"For more than a year, NPPC has advocated for more agricultural inspectors at our borders," said
NPPC President David Herring, a hog farmer from Lillington, N.C. "The U.S. Department of Agriculture and the Bureau of Customs and Border Protection have done much to mitigate risk to animal disease, but we must remain vigilant.
Today's vote represents a tremendous victory for our farmers, consumers and the American economy. We thank Congressional leadership, led by Rep. Filemon Vela (D-Texas) and Sens. Gary Peters (D-Mich.), Debbie Stabenow (D-Mich.), Pat Roberts (R-Kan.) and John
Cornyn (R-Texas), for their strong leadership on this issue and look forward to the bill's implementation," he added
Congressman Frank Lucas (OK-03) released the following statement after the U.S. House of Representatives unanimously passed bipartisan legislation addressing the shortage of agricultural inspectors who protect our nation's food supply
and agricultural industries at the border:
"Agriculture is critical to the security of our nation. As threats of African Swine Fever, bird flu, and other crippling agricultural epidemics sweep across the globe, it's imperative that we take the necessary steps to protect America's food supply
and agricultural industries.
I commend my colleagues in both the Senate and the House for passing such important legislation providing for the security of American agriculture."
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On Monday, the White House Office of Management and Budget Acting Director
Russell Vought released the President's Fiscal Year 2021 Budget of the United States Government.
In response, NAWG President and Lavon, TX wheat farmer Ben Scholz issued the following:
"While NAWG continues to review the budget proposal in more detail, we do see that it proposes drastic cuts to some key programs for wheat farmers.
"It has become an annual tradition for the Administration's proposed budget to include cuts to crop insurance, which has happened under Presidents from both political parties. It must be understood that issuing cuts to crop insurance can make policies
more expensive for farmers. When input costs remain high and commodity prices low, this additional cost could result in many growers not having insurance and may make it difficult for them to stay in business.
AND to take a look at the multitude of resources that the
White House has released on 2021 Budget Proposal-
click here.
As for Senator James Lankford- he reminds everyone that no President's Budget ever is actually adopted- but he says he likes the fact that there are some ideas for reform to curb our national debt. "I'm encouraged
that reforms are at the forefront of the President's budget proposal this year, including a responsible glide path to balance the budget in 15 years. I encourage my colleagues to at least read and consider some of these proposals and adopt some of the solutions
to lower our spending and put us on a path to lower our national debt.
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 Dr. Derrell Peel Looks Back and The Ahead at Our Current Cattle and Beef Trade
Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically
by Dr. Peel and Glenn Selk. Today, Dr. Peel takes a look back and ahead at Cattle and Beef Trade.
Beef exports in 2019 were down 4.4 percent compared to 2018. Exports were down year over year to most major destinations including Japan (-10.0 percent); Hong Kong (-24.7 percent); Mexico (-5.4 percent) and Canada (-10.6 percent). Among major markets,
only South Korea was up 7.1 percent year over year.
Japan accounted for the largest share of 2019 beef exports at 26.4 percent of the total. South Korea is the second largest market with 22.6 percent of total exports. Number three market Mexico represented 14.0 percent of beef exports. Canada is fourth
at 8.9 percent followed closely by Hong Kong with a 7.7 percent share of the total. The top five markets along with Taiwan at 5.8 percent represent 86.1 percent of total exports. Beef exports to China increased in the second half of 2019 bringing the total
for the year to a 1.1 percent share of total exports.
To read more from Dr. Peel, click here:
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Sponsor Spotlight
National Livestock was founded in 1932 in Oklahoma City. National's Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states
for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures.
National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation's premier livestock video sale, Superior Livestock Auction.
National offers customers many services custom made for today's producer. To learn more,
click here for the website or call the Oklahoma City office at 1-800-310-0220.
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Are the latest cattle inventory numbers from the USDA square with 2019 figures? In today's Beef Buzz we discuss that issue with
Don Close, Rabo AgriFinance senior analyst for food and agribusiness.
There are probably more cattle and calves on our nation's farms and ranches than the latest USDA figures would indicate, Close said.
He noted that throughout 2019, USDA's week-to-week numbers would indicate we had radically stopped cow herd expansion.
"I think the USDA over estimated our cow herds in both 2017 and 2018 and inflated that anticipated view of cattle outside of feed yards," said Close. "We are still unraveling those numbers and will eventually get back to equilibrium."
Close said the big unknown for 2020 will be the drought prospects in the southwest this summer.
"This will be a huge indication of just how much of a reduction we see in the cow numbers," said Close.
Is the current estimate of 31 million head of cattle make sense for the industry right now?
Close said to fit in with the 9-year cattle cycle, he would expect to see even more cow herd liquidation than the USDA numbers would indicate.
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The following is an "Op-Ed that jumped out at me as I combed through my Monday flow of emails of the latest news and views from the world of ag- it was thought provoking to me and I wanted to share it with you....
Of the many inaccurate arguments misattributed to dairy in the debate over imitation-product labeling, one of the most persistent is that
"Big Dairy says consumers are confused about what milk is" - a statement that tries to turn a public-health issue into a debate on respect for consumer intelligence.
Saying that "Big Dairy" (whatever that is) thinks consumers can't tell real milk from a plant-based beverage is a classic "red herring"
argument, a logical fallacy that leads audiences toward false conclusions by misdirecting an important question.
The misstatement - let's call it what it really is: the Big Lie - creates its own confusion by substituting the important public-health issue that dairy and health advocates are raising - whether consumers understand the nutritional differences between
dairy products and plant-based imitators - with an argument that no one is actually making, but is easier to refute.
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Michael Kelsey with the Oklahoma Cattlemen's Association has issued a "Call to Action" on what his organization says is needed language that needs to be added on a bill dealing with Ad Volorum taxes-
Kelsey says HB 1992 needs to be amended to include a 60% threshold for passing any tax increases by cities and towns by a vote of the people- that it would make this measure comparable to the 60% approval needed for education.
The measure could come to the floor of the House as early as later today. OCA is asking folks to call your House member to push them for this change.
He explains his reasoning in the video below.
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Feb. 10, 2020 OCA Member Call To Action |
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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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