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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.
Boxed Beef Prices
continue their fall after Memorial Day- dropping $11.25 for Choice Beef to $385 while Select Beef off $14 to $360- click here
for the complete report from USDA Market News
Okla Cash Grain:
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
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, May 27, 2020
Former Lindsay, Oklahoma native, Colonel Lance Frye, has been named by Governor Kevin Stitt, as his interim Commissioner of Health. Frye will be heading up the Oklahoma State Department of Health effective immediately.
Yesterday I spoke with Dr. Frye about his upcoming role for the Governor.
After Frye graduated from Lindsay, he went to medical school in California, and after 9-11, joined the Air Force. Frye missed his Oklahoma roots and transitioned closer to his family, where he took a position with Air National Guard and Oklahoma State University at the Center for Health Sciences. Frye said he was very honored when Governor Kevin Stitt asked him to be the commissioner of health for the state, "I can't think of anything more rewarding than trying to help the citizens of Oklahoma, get through this pandemic."
Frye says he thinks the state of Oklahoma has done an excellent job handling Covid-19, "You know this was not a one-person or one agency event that we did. I mean, everyone came together. We had people from, you know, from the government to manufacturers to private individuals that all came together, and we're here."
The Oklahoma Cotton Council is proud to serve the cotton producers and those who are a part of the cotton industry in Oklahoma- promoting and protecting their interests. In Recent Years- cotton acreage has grown in Oklahoma- and today we are the third largest Cotton State in the US- based on Acres Planted.
The Oklahoma Cotton Council works for the cotton farmer in the areas of research, advocacy and education. Follow the Oklahoma Cotton Council on Facebook
or check out out the Oklahoma Cotton Council website- okiecotton.org
Corn planting is nearing completion in the 18 major corn producing states with many areas now showing better than 90 percent complete. Overall, the latest USDA national crop progress report indicates 88 percent has been planted, an 8 percent increase from last week and slightly ahead of the 5-year average of 82 percent.
Oklahoma continues to lead the way for regional winter wheat conditions as 60 percent Is rated good to excellent this week, a 7-point improvement from last week.
The nation's pasture and range conditions have deteriorated this week as 50 percent is rated good to excellent, a three percent drop from last week as the drought is impacting conditions in the west.
In Kansas, there is not much change in the winter wheat condition this week as 40 percent of the crop is rated good to excellent, 36 percent fair and 24 percent poor to very poor.
Corn planted was at 87 percent, well ahead of the 67 percent last year, and ahead of the 81 percent average. Emerged was 60 percent, ahead of the 46 percent last year, and equal to average.
For Texas, small grain harvest progressed in some areas of the state, while producers waited for fields to mature in other areas. In the Northern High Plains region of Texas, winter wheat had matured rapidly due to favorable weather conditions. Grazing of winter wheat continued in areas of the Edwards Plateau, the Northern Low Plains and the Blacklands. In the Northern Low Plains, harvest expectations were held in check by freeze damage in April followed by extreme heat and hail damage in areas last week.
Farmers and ranchers are eligible for up to $250,000 in federal aid from the Coronavirus Food Assistance Program. The USDA will distribute a total of $16 billion in direct payments to farmers.
American Farm Bureau Federation President Zippy Duvall appeared on Fox & Friends to discuss the importance of keeping America's farms afloat, calling the pandemic part of a perfect storm hitting American agriculture.
The beef supply pipeline is slowly improving, getting better each day and that is no surprise to Dr. Derrell Peel, OSU Extension livestock economist. Peel recently spoke with Radio Oklahoma Ag Network Farm Director Ron Hays and said the plants have incentive to get back to normal capacity.
I think some people are surprised, but I am not, Peel said, because they have every incentive to get the plants running.
He pointed to the latest cattle on feed report which showed the marketings compared to year ago levels supported what is happening now.
It's been a rolling wave with the impact being felt now in Texas but hopefully we're getting everybody back online and moving forward, Peel said.
Getting the plants back to full capacity will help reduce boxed beef prices, Peel said.
It should come down dramatically in the next week or two, Peel said. For cattle producers, the OSU economist expects prices to get better.
To hear more of my conversation with Dr. Peel on the packing plants click here.
Also, just a reminder, Dr. Peel also offered his analysis of how COVID-19 provokes turbulence in Feedlots in this weeks cow/calf corner. For that analysis click here:
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.
Each Tuesday, the American Soybean Association offers an editorial from a farmer or farmer family member sharing their personal experiences with farm stress. This week's editorial, the last in the month-long series from the American Soybean Association, is from soy farmer Brandon Wipf of South Dakota. Brandon shares thoughtful tips for managing farm stress that have worked for him. Photo courtesy South Dakota Soybean Association.
Stress. Worry. Anxiety. Words with which many ag producers have become all too familiar over the years. With recent depressed prices, bad weather, trade wars, and an onslaught of consumer misinformation, the coronavirus pandemic could not have come at a worse time. Unfortunately, as is
true in many areas of farming, the crisis didn't wait until we were ready or until it was most convenient. It's here and must be faced, ready or not.
There are so many things in our lives and careers over which we have little or no control. Farmers have to be better than most at accepting these lack of control issues; but the breadth of the present problems-the totality of the current crisis-has been staggering and overwhelming for many. How should we respond, not only to our own stress, but to the stress being felt by those around us? How can we be anchors for our communities in these tough times, even as we ourselves are badly impacted by what is happening? Here are some tips that worked for me:
1. Take stock of your current situation
This one could be difficult since the realities of your situation are likely contributing greatly to your
stress level. I still think this is an important step because this is where you get it all out on the
table. When facing big problems, I find they almost always shrink in size the moment I gain full
perspective of them. It is likely that a large part of the stress you are feeling comes from fear of the
unknown. While many parts of our current crisis involve things that cannot be known at this time, the
ways in which it affects your operation are more known to you than anyone else on the planet. So, sit
down and start plugging in different numbers, think through different scenarios, and triage your
situation. While you may not get exact answers, you should at least get a better idea of what you're
facing, and there is no downside to that.
This weeks Ag in the Classroom is a truly Moooooving Experience!
Its Ag Tech Tuesday where we are focusing on beef. Did you know that beef not only tastes good, but is good for you? Beef is an important part of a healthy diet. Beef has about 50 separate nutrients are essential to good health. No other single food contains all of these nutrients. Beef is consumed 70 million times daily across America. Each year Americans consume 25 billion hamburgers. What is your favorite way to eat beef?
Oklahoma is Cattle Country. Everywhere you go in our state, you will see cattle grazing in fields at the side of the road. Cattle graze on Oklahoma grasslands in almost every one of our 77 counties.
The beef industry generates more income than any other agricultural enterprise in our state. In 2015, Oklahoma's beef cattle inventory was 1.9 million. That same year, Oklahoma ranked number two in the nation in the production of beef cattle, number five in the production of cattle and calves, number 9 for cattle on feed and number three for our calf crop.
The webinar will be held from 10 a.m. to 11 a.m. central time on May 27.
Lucas will be joined by Oklahoma Farm Bureau President Rodd Moesel to discuss the program and to address common concerns and questions about the CFAP and its implementation.
Jacey Fye, former Agricultural Education Instructor and FFA Advisor, has been named Executive Director of the Oklahoma FFA Foundation.
In 2004, Fye received a bachelor's degree in Agricultural Education from Oklahoma State University. Upon graduation, she had the privilege of serving as an Agricultural Education Instructor and FFA Advisor for 14 years, spending 3 years at Moore and 11 years at her hometown of Comanche. To advance her goals, Fye earned a Master of Science degree in Behavioral Sciences from Cameron University. This allowed her to be recruited to Duncan Public Schools as a counselor, serving in an administrative role.
"We are excited to welcome Jacey as the third Oklahoma FFA Foundation Executive Director. Her experiences have developed various skills with strengths in leadership, communication and public relations to prepare her for this role. She will be a valuable asset to the Oklahoma FFA Foundation as she advocates and supports a culture of excellence." said Brett Ramsey, foundation board chairman.
Jacey starts her duties June first- she will be learning from the best- as long time Exec for the Foundation, Kendall Brashears, will be helping her transition into her new duties in the days ahead.
The COVID-19 pandemic has changed the ways shoppers fill their grocery needs. Throughout the pandemic, the Food Marketing Institute has been tracking consumer trends and charting how shopping behaviors are changing. While it's uncertain how the trends will continue, the pandemic will permanently change consumer habits. Pre-coronavirus, FMI projected that online food and beverage sales would equate to $143 billion by 2025, representing about 18 percent of an expected overall $800 billion in combined online and in-store spending for food and beverages at home.
However, since the pandemic, about 21 percent of Americans have tried online shopping for the first time, eight percent have returned, and 19 percent are continuing to online shop. FMI President and CEO Leslie Sarasin says, "Online grocery shopping is a new reality for our retail and wholesale members." Research by FMI suggests that not everyone will continue ordering online at the levels they were during the height of the pandemic, but they are likely to continue using it more.
Click here for an infographic from FMI sharing some of the things they are picking up from consumers.
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