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Let's Check the Markets!
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:
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
Macey Mueller, E-mail and Web Writer
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Thursday, September 29, 2016
American Farmers & Ranchers President Terry Detrick Reconsiders Plans to Step Aside
The following statement was released today by American Farmers & Ranchers President Terry Detrick. Detrick had announced earlier this year he planned to step aside as AFR President to pursue other roles within the organization.
"The recent announcement of my intentions to step aside as President of AFR this coming February has created uncertainty and anxiety among the AFR membership and others which I did not anticipate.
"Causing concern and confusion among those whom I've had the honor of serving was never my intention. Therefore, God willing, I will fulfill my obligation as President of AFR until my term expires in February 2019.
"AFR members have placed their trust in my abilities and I do not want to lessen that trust.
"I will continue to represent AFR and the agriculture industry to the best of my ability. Pursuing the best for all AFR endeavors and agriculture is who I am and that will not change!
"I look forward to continuing our strong relationships within the industry and a brighter tomorrow."
Oklahoma AgCredit serves rural Oklahoma communities and agriculture with loans and financial services. Providing loans for rural property, farm and ranch land, country homes, livestock, equipment and operating costs is all we do.
We are the state's largest agricultural lending cooperative, serving 60 Oklahoma Counties. To learn more about Oklahoma AgCredit, click here for our website or call 866-245-3633.
|Cattlemen Send Letter to Treasury Secretary Lew Nixing Newly Proposed Estate Tax Regulations
The National Cattlemen's Beef Association, along with more than 3,800 organizations and family-owned enterprises, sent a letter to Treasury Secretary Jacob Lew adamantly opposing and asking for withdrawal of the newly proposed estate tax regulations by the Department of Treasury. The proposed regulations under section 2704 of the Internal Revenue Code would permanently change estate planning for families that own a controlling interest in a privately-held entity. "The proposed guidance is one of the most sweeping changes to estate tax policies in the last 25 years and would be detrimental to active enterprises and family-owned businesses that employ millions of workers throughout the nation," the letter reads. "In particular, these rules would impose significant new tax costs on family-owned businesses, diverting capital from business investment, costing jobs and threatening the ability of families to pass businesses on to the next generation of owners." Danielle Beck, NCBA director of government affairs, said the regulations would eliminate or greatly reduce available valuation discounts for family-related entities, which in turn increase the tax associated with common transfers including inheritance."These proposed regulations would eliminate or greatly reduce marketability for family related entities, effectively discouraging families from continuing to operate or grow their businesses and pass them on to future generations," said Beck. "Producers are often forced into selling land or cattle in order to pay the tax, and in some cases, are put out of business. The Administration is causing unnecessary economic harm to family businesses."NCBA urges the Department of Treasury to withdraw the proposed estate tax regulations.
|US Grain Groups Deny China's Claim of Injury to Dried Distiller Grains Producers, Assure Cooperation
A statement from the U.S. Grains Council (USGC), Growth Energy and the Renewable Fuels Association (RFA):
"We are disappointed that the Ministry of Commerce of the People's Republic of China (MOFCOM) has issued a preliminary determination claiming U.S. dried distiller's grains with or without solubles (DDGS) are being unfairly subsidized by U.S. government entities and have caused injury to the China's DDGS industry.
"U.S. DDGS have not caused any injury to China's DDGS producers. This announcement is not a surprise given MOFCOM's treatment of the U.S. DDGS industry last week.
"U.S. DDGS play an important role in protecting Chinese feed producers and households against unpredictable swings in global commodity prices.
"We will continue cooperating fully with these investigations, and we remain hopeful that MOFCOM will find in its final determination that continued access for U.S. DDGS is in China's interest."
|Tricks of the Trade - Low Stress Cattle Handling Advice from Leading Expert Dr. Tom Noffsinger
Nebraska cattle producer and veterinarian, Dr. Tom Noffsinger, is a leader when it comes to low stress cattle handling. He has a rap sheet to prove it, too, with degrees in animal science and beef production management as well as a laundry list of awards and accolades highlighting his breadth of knowledge and achievement. It is his belief that learning, knowing and understanding the behavior of the animals on your farm or ranch is the key to keeping stress levels at a minimum when handling livestock.
Noffsinger says it is exciting to watch the change in attitudes when producers take responsibility for the actions of the cattle in their presence and make the conscious decision to make every interaction with the animals a positive one, for both the cattle and the human.
"Know that whatever the cattle do in our presence, is because of our position, our posture, our movement," Noffsinger said. "All of a sudden what they do is our responsibility."
Borrowing from the technique of his cattle handling hero, Bud Williams, Dr. Noffsinger says the tricks of the trade that work, are to get where the cattle can see you - clearly. Then give them clues where you want them to go. Get them use to it, and he says they'll do the same with you.
"Bud Williams' dream was to create voluntary activity in cattle," Noffsinger said. "Match that up with a world full of people that had the expertise, the training, the ability and the freedom to create voluntary motion - it is the most amazing thing I've ever witnessed."
Oklahoma Genetics is proud to represent the tremendous wheat varieties that have been developed by the Wheat Improvement Team at Oklahoma State University. Varieties like Iba, Gallagher and now Bentley are the result of years of breeding research designed to help wheat producers in the southern plains to grow high yielding, high quality winter wheat.
To learn more about each of the varieties OGI represents, click here for their website. You will find a "Seed Source" with a list of where seed for each variety can be purchased for the 2017 wheat planting season.
|Deadline for Atrazine Comments Has Arrived - Producers Encouraged to Let Their Voice Be Heard
The National Corn Grower Association is asking farmers to express their support for the herbicide atrazine before the Oct. 5, 2016 deadline.
"Atrazine is a safe and effective crop management tool, and EPA should base their decisions on sound science," said National Corn Growers Production and Stewardship Action Team Chairman Brent Hostetler, a farmer from Plain City, Ohio. "That's why I'm urging farmers to contact the EPA and make their voices heard."
Farming without atrazine could cost farmers up to $59 per acre, according to a 2012 analysis by the University of Chicago. That could mean the difference between corn farmers making a profit or loss on their crop. Atrazine, a key ingredient in nearly 100 herbicide mixes farmers use, is one of the best tools on the market today for combatting resistant weeds that waste water and nutrients.
As part of the draft ecological risk assessment, EPA recommends reducing the aquatic life level of concern (LOC) from 10 parts per billion (ppb) on a 60-day average, to 3.4 ppb. Scientific evidence points to a safe aquatic life LOC at 25 ppb or greater. If this recommendation holds, it would result in a de facto ban on atrazine.
"EPA needs to be reminded that atrazine has been around for 50 years, and more than 7,000 scientific studies have proven it is safe," said Hostetler. "All farmers should be concerned, because EPA is not basing their risk assessment of atrazine on sound science. That means all crop protection tools are at risk. I urge everyone to step up, and contact the EPA today."
Click here to find a link to make your comments supporting the use of atrazine.
Want to Have the Latest Energy News Delivered to Your Inbox Daily?
Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.
|Take These Steps to Prepare Livestock and Animals Ahead of Severe Weather
It's important to have a plan in place ahead of severe weather to protect your animals and livestock. Pets, farm animals and livestock rely on their humans to protect them and keep them safe in all types of emergencies. The steps we take or don't take will directly impact their well-being. Because September is National Preparedness Month, it is a good time to think about emergency planning. Don't Wait. Communicate. Make an Emergency Communication Plan for you, your family and your animals as you just don't know when a disaster will strike your community.
According to Dr. T.J. Myers, Assistant Deputy Administrator for the USDA APHIS Surveillance, Preparedness and Response Services, "Having a plan in place to protect animals and livestock is the best defense against severe weather. Re-evaluating that plan periodically can make a huge difference and save valuable time during an emergency."
Think ahead and try to implement precautionary measures like building a strong shelter, having adequate food and water, providing, provide adequate cooling options and assessing farm safety.
to read more details about preparing your farm and ranch for winter weather.
|Application Deadline is Tomorrow for Wildfire Help for Oklahoma Ranchers
The Oklahoma Cattlemen's Foundation is making a final call for applications from cattle producers impacted by the 2016 spring wildfires.
All cattle producers that were affected by the wildfire are eligible, and encouraged, to apply. It is important to the contributors that the funds go directly to affected ranchers. OCF is requesting applications be returned by Sept. 30, 2016(tomorrow) so checks can be issued by mid-October.
The application for funds is a simple, one-page document that will help an established OCF review committee equitably distribute the funds.
Click here for more details and the one page application. If you have any questions- you can contact the OCA office at (405) 235-4391 and request to speak to Jeff Jaronek, OCF Coordinator.
|This N That: Grupo Trimex Looking at Oklahoma Wheat Industry and National Coverage on Right to Farm
The Oklahoma Wheat Commission is hosting a trade team from Grupo Trimex, the largest milling company in Mexico. Grupo Trimex imports approximately 1.75 MMT of wheat from the U.S. every year, and roughly 50% of that is Hard Red Winter Wheat.
They arrived yesterday- spent time in Kay County yesterday afternoon and evening- will be inspecting the Equity Marketing Alliance Train Loading Shuttle Facility in Medford this morning, have lunch plans in Enid and will be at the OSU Research Station at Lahoma this afternoon. They wrap up their time in Oklahoma tomorrow morning.
State Question 777 has received national coverage from the Fox News Network. We were told several weeks back by Michael Kelsey of the OCA about the call he had received from Fox News and a wild couple of days of hosting the reporting team from Fox in the Oklahoma City area.
They spent a substantial amount of time at a Monday Sale Day at the Oklahoma National Stockyards, did an extensive interview with Kelsey and talked to David Gerkin from Cashion about the cattle industry's view of regulations and SQ777.
Fox also talked with SQ777 opponent Paul Shapiro of the HSUS in Washington who painted SQ777 as a license to allow inhumane treatment in animal agriculture, which Kelsey took strong exception with.
It's a well produced four and a half minute look at the Right to Farm debate put into the context of cowboy life.
Click here and take a look.
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