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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:
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Ron Hays, Senior Farm Director and Editor
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Dave Lanning, Markets and Production
, E-mail and Web Writer
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Thursday, October 20, 2016
FFA Convention Hits Road Gear- Speech Contests, Star Judging and More Happening Today
It's perhaps the busiest day of the convention each year- as multiple contests are layered onto the activities of the general sessions and the Expo to supercharge the experience that a FFA member gets when they attend a national convention.
Close to 65,000 are expected to be in Indianapolis by time the convention wraps up on Saturday afternoon- with thousands arriving Tuesday and Wednesday- and still many more pulling into town today ahead of the American Farmer Degree ceremony that happens Saturday morning in the Lucas Oil Stadium where the Indianapolis Colts play football.
First- let's recap Wednesday and the contests that were happening- Oklahoma had several teams and individuals involved in the Career Development Events- including Adrienne Blakey of Stillwater who advanced to the National Finals of the Extemporaneous Speech Contest that will be held later this morning. Anna Crosswhite of Kingfisher advanced out of the first round of the Prepared Public Speech contest- but did not make it to the Final Four.
The Kingfisher FFA Chapter does have a team that has advanced to Thursday competition with their Ag Issues Team advancing to the Semis that happens this morning- if they win there- they will be in the National Finals this afternoon.
The National Creed Speaking Contest begins this morning- Emily Kennedy of Edmond will be representing Oklahoma in that event.
On tap for today- Oklahoma will have 17 National Finalists competing in the Proficiency Award events- Oklahoma has the third most finalists of any state- and we will know how these young men and ladies did tomorrow afternoon.
Finally- the Stars Over America have a really full day- final judging in the four categories happens during the day then the Stars Over America Pageant will be a featured part of the Thursday evening General Session- Oklahoma has two of the sixteen national finalists- Tyler Schnaithman
of Garber as a National Finalist for Star Farmer and Garrett Yerigan
of Pryor as a National Finalist for Star in Agribusiness. Click on their names for our stories and interview with them ahead of the final selection.
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.
|National FFA's New CEO Looks to Transform Organization into the FFA of the 21st Century
The National FFA Convention is happening this week in Indianapolis. As I'm here covering the event, I had the opportunity to speak with Mark Poeschl, the National FFA Organization and Foundation's new chief executive officer. Poeschl has been on the job now not quite three months. During that time though, he says he has been asking a lot of questions and doing a lot of listening as he begins to develop his vision for the future of FFA."When I was interviewed for my position," Poeschl said, "the board asked me how we could transform FFA into the FFA of the 21st Century."Poeschl says that certainly FFA must continue to strive for inclusiveness and diversity in the organization as well as within the industry of agriculture. He says there is also opportunities for the organization to reach out to corporate partners worldwide and educate them on the importance of FFA and of the talent members could bring to the table down the pipeline, among other things."Most importantly," Poeschl said, "we need to identify ways that we can attract and retain talented ag teachers in our industry."Listen to Mark Poeschle, National FFA Organization and Foundation CEO, discuss his vision for bringing the organization into the 21st Century.
|US Cattlemen's Association Says CME's Proposed Changes Won't Address Producers' Concerns
The United States Cattlemen's Association (USCA) issued the following statement on the announcement made by the CME Group this week that a proposal is being considered to switch to a cash settlement process for its live futures. The CME Group also announced that modifications to the physical delivery process would be considered.
USCA Marketing Committee Chair Allan Sents commented, "The need to evaluate the current state of the livestock marketplace is real; however, the changes proposed by the CME Group, as announced this week, will not address the concerns of producers across the country. Rather, the proposal to switch to a cash settlement is a step in the wrong direction. Price discovery achieved from actively traded futures contracts with multiple buyers and sellers far outweighs an increasingly thinner traded cash market."
"The proposed changes will do nothing to impact the amount of high frequency, overly speculative trading, which is one of the real issues that must be addressed if we are to achieve market stability. Efforts must instead be made toward encouraging "long" participation and addressing the many issues currently within the futures market, not the settlement process."
Sents concluded, "The CME Group, industry stakeholders, and producers across the country must acknowledge the significant issues within today's livestock market. Until a hard review and assessment of these issues is taken, our country's producers will continue to feel the consequences on their bottom line."
|'Thank an American Farmer or Rancher' Activity Helps Students Make the Farm-to-Food Connection
"Thank an American Farmer or Rancher," a Thanksgiving-themed activity for pre-K to first-grade students, helps teachers explain where food comes from, courtesy of the American Farm Bureau Foundation for Agriculture. Through this activity, teachers also ask students to write, draw or create thank you letters or cards for America's farmers.A free lesson plan and a letter from a farmer, suggestions for books to read, class discussion ideas and more are available online."Most Americans have never been to a farm and didn't even grow up near one, but they are ready to learn more about where their food comes from," said American Farm Bureau Federation President Zippy Duvall. "'Thank an American Farmer or Rancher' is a fun classroom activity that helps young learners make the connection between farms and ranches and the food they eat."
for a list of classroom ideas and a link to the resources.
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.
|Chairman John Pfeiffer Shares the Secrets Behind Certified Angus Beef's 40 Years of Success
After struggling through its early years, Certified Angus Beef has come a long way says CAB Chairman and Mullhall producer John Pfeiffer about the brand's most recent success in its near 40-year history."We actually did 1 billion, 15 million pounds," Pfeiffer said referring to CAB's recent record breaking accomplishment. "We had hoped to achieve this goal by 2020, so we actually reached it four years quicker than we had planned."Pfeiffer says CAB also had its biggest year-over-year increase ever, growing at rate of 12 percent this last year."The reason we've been able to do that is two-fold," Pfeiffer said. "One is the people selling it; their passion for it - but the big reason is to the cattlemen."Coming out of the drought across Oklahoma and the mid-West, Pfeiffer explains, producers put back animals that were a higher percentage black and a lot better in quality. He says producers used all available technologies and breeding practices during this time that really, more or less, doubled their acceptance rate from 14 percent to 28 percent, which breaking that down comes out around 90,000 head certified per month."When we finally provided the people with the supply and the demand for quality beef being what it is," Pfeiffer said, "we were able to move forward and make it happen."Listen to CAB Chairman John Pfeiffer talk about the label's 40 years of success during the latest Beef Buzz.
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.
|AFR Announces 72nd Annual Youth Speech Contest Dates and Guidelines
Hundreds of Oklahoma youth will have the chance to sharpen their speech presentation skills during the 72nd annual AFR Youth Speech Contest. The annual event begins with the southwest district contest Nov. 3 and concludes with the state contest, Dec. 3 in Stillwater.
"This is a great opportunity for students to develop basic skills and expand their knowledge," said Micaela Danker, AFR youth development coordinator. "Over the years, many of the speech contestants have gone on to successful careers in agriculture and business.
District contest registrations will begin at 4 p.m. and the contest briefing will begin at 4:30 p.m. Judges and speakers will then disperse to assigned classrooms for competition. Immediately following competition, a meal will be served. Awards, special recognition and final comments will conclude the contest.
for a complete list of contest dates locations.
|Calendar Filling Up for the Balance of October and Into November
It continues to be a busy week- with several events happening this week and lots more in the next several weeks.
Included in the events of this week- the Oklahoma Ag Expo (the annual meeting of the Oklahoma Grain and Feed Association, the OSU Oklahoma Rural Policy Conference and the Diamond Hats Gala.
The School Land Commission resumes their Lease Auctions this coming Monday- and also on tap for the final days of October will be a couple of area meetings of the Oklahoma Association of Conservation Districts.
Early November brings us VFD informational meetings, Fall Gatherings of the OCA, the AFR Speech Contest and the annual Convention of the Oklahoma Farm Bureau. Early November also features the American Angus Convention in Indianapolis and the Texas Cattle Feeders gathering in Ft. Worth.
All of these meetings are detailed on a day by day basis in our on line calendar- click here
to check it out.
And- if your group has a meeting that we don't have listed- drop me a line via email and we will do our best to get it included.
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