|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 Ron Hays on RON.
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, December 1, 2016
Oklahoma's Junior Senator James Lankford has been busy this week with the release of his government waste report entitled "Federal Fumbles" and a pair of reports from the General Accounting Office on the worthiness of the Renewable Fuel Stanard. I caught up with Senator Lankford as he was heading for a presentation hosted by the Cato Institute on Federal Fumbles- we talked for a couple of minutes about that report but then zeroed in on the RFS reports from GAO.
"The Renewable Fuel Standard was an experiment done by Congress to try to mandate a fuel to try to say how we're going to deal with greenhouse gases, how we're going to deal with trying to get off foreign oil. Both of those things were not fixed by the Renewable Fuel Standard," Lankford said. "I'm asking the question, 'if this wasn't fixed, then shouldn't Congress revisit this mandate?'"
Studies conducted by the Government Accountability Office at the senator's request, show none of the original goals of RFS have made any progress, 10 years since it was put in place. In effect, greenhouse gases have not been significantly reduced, the country remains dependent on foreign oil and technology has yet to provide a viable substitute for corn in the production of ethanol as was expected. Although, Lankford would like to see RFS gone, he clarifies he is not against the use of ethanol as a fuel alternative.
"Ethanol is not a bad fuel. Ethanol just shouldn't be a fuel that be mandated everyone to use," Lankford states. "The mandate is not working and we're trying to fix a law."
Click or tap here
to read more and for a chance to hear my full conversation with Sen. Lankford about his views on RFS.
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.
Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
Agriculture has come under increased pressure over recent years to apply better controls and transparency internally and ultimately increase the industry's level of sustainability. Consumer interest in the way food is produced and the environmental impacts of the products they choose to buy has never been at the level we see it at today, says Dion McBay of Monsanto, who leads the seed company's global sustainable development team. Our Associate Farm Director Carson Horn visited with McBay recently about where he sees sustainability in agriculture going and what role Monsanto is playing in that vision.
"Sustainability is fundamentally what we do in agriculture. It's part of what farmers have always done," McBay said. "I believe any farmer that you spend time visiting with would tell you that he views it as his job to care for the land and manage it in a way that makes the absolute most with the least impact on the environment possible."
McBay describes this as a very exciting time in agriculture where modern innovations are coming together in a way that allows farmers to do so much more with less, increasing their overall productivity and at the same time, their sustainability as well.
"The world's population is growing rapidly and the challenge is on us to secure food for that growing population," McBay said. "As we do it, we have to do it in the most sustainable way as possible."
to listen to Carson's entire interview with McBay over Monsanto's sustainability initiative.
USDA will accept more than 2,100 offers by producers totaling more than 504,000 acres across 34 states for the Conservation Reserve Program (CRP) Grasslands enrollment. Through the voluntary CRP Grasslands program, grasslands threatened by development or conversion to row crops are maintained as livestock grazing areas, while providing important conservation benefits.
"This 15-year commitment on more than half a million acres demonstrates that voluntary, incentive-based conservation methods benefit producers and help to preserve our natural resources," said Farm and Foreign Agricultural Services Deputy Under Secretary Alexis Taylor. "Combining conservation and wildlife benefits, while still supporting livestock production, is a clear example of how agriculture and conservation can go hand-in-hand."
Participants in CRP Grasslands establish or maintain long-term, resource-conserving grasses and other plant species to control soil erosion, improve water quality and develop wildlife habitat on marginally productive agricultural lands. CRP Grasslands participants can use the land for livestock production (e.g. grazing or producing hay), while following their conservation and grazing plans in order to maintain the cover. Participants can receive annual payments of up to 75 percent of the grazing value of the land and up to 50 percent to fund cover or practices like cross-fencing to support rotational grazing or improving pasture cover to benefit pollinators or other wildlife.
Among the many animal health products offered to cattle producers, Safe-Guard has been recognized as one of the most trusted parasite preventions on the market for nearly 40 years. I consulted Dr. Tim Parks, beef cattle technical services manager for Merck, about this product and why implementing it in your herd health program is so imperative.
"We need to do everything we can to give that calf a chance to fight off disease when it comes in contact," Parks asserts. "We need to have that calf ready so that when it does get sick, it's sick fewer days, it responds better to treatment and it just goes on and performs better."
Parks insists that doing the right things early on in your herd, with prevention top of mind, can directly effect your bottom line positively. He contends investing in products like Safe-Guard for your herd health program is a step in the right direction. With several formulas suited for a variety of applications in and out of the field for ease of use, producers will find this an invaluable tool on their operation.
Learn more about Safe-Guard and its benefits, by clicking here
, and listen to my latest Beef Buzz with Dr. Tim Parks.
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more.
And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
USDA released a couple of key economic reports on Wednesday- and USDA Secretary Tom Vilsack weighed in on both of them yesterday afternoon.
In the case of 2016 Farm Income numbers, Vilsack offered a positive spin on numbers that show net cash farm income is falling by 14.6 percent this year to just over $90 billion dollars. Vilsack said on the numbers- "After reaching record highs in 2012-2014, net farm income declined in 2015 and is forecast to decline in 2016, but the bigger picture shows that farm income over the last five-year period reflects the highest average five-year period on record."
Click here for his full spin on the numbers- and a link to the actual Farm Income Forecast from the ERS of USDA.
Ag Export numbers are trending higher for fiscal year 2017- edging four billion dollars up from 2016 levels to $134 billion. If realized, this will be the sixth-highest total on record. U.S. agriculture is once again expected to post a trade surplus, totaling $21.5 billion, up nearly 30 percent from the $16.6 billion surplus in 2016.
Vilsack says that bulk commodities are being moved out aggressively- "The expected volume of 2017 exports is noteworthy, with bulk commodity exports expected to surpass last year's record levels - led by soybeans at a record 55.8 million metric tons, and corn, up 11 percent from last year, to 56.5 million metric tons. The volume of cotton exports is expected to begin recovering and most livestock and poultry products should see moderate increases in export volume as well."
Click here for the complete Vilsack statement on the export numbers- and a link to the complete report from USDA.
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|This N That- Shout Out to Colcord FFA, Extension on No Til Registration, Superior Livestock Auction Coming Friday and Fed Cattle Exchange Trends Higher
On a regular basis, the service that we use to send out the daily email gives us a report of who is signing up and who is dropping off- I was very surprised to get the report last night and had 22 new subscribers for our email!!!! Nineteen of those are from Colcord FFA.
Colcord is located in northeastern Oklahoma in Delaware County- and their Ag Ed instructor is Josh Gilstrap
- Thanks Mr. Gilstrap- I hope the information your Ag Ed students get from our email will help them in class and perhaps in speech topic selection and preparation.
Glad to have Colcord FFA as a part of our email family!!!
**********No Til on the Plains
has their annual winter conference for 2017 January 24-25 in Salina, Kansas and their early bird discount on registration was ending yesterday- but the folks at No Till have decided not to be scrooge about it- and are giving you the entire month of December to take advantage of the early bird pricing for the premiere no till conference in America- No Till on the Plains.
For more info- click here for their website
- and go ahead and register right away- you may get busy with holiday stuff as we get closer to the end of the month of December.
The November 30th FedCattleExchange
.Com finished cattle sale had a total of 4,718 on the showlist, with 4,070 selling in the Wednesday sale. The Average Weighted Price was $3.34 higher than last Wednesday at $112.48.
The range on pens of cattle being sold was from $110.00 to a high of $114.25 for a pen of 205 steers from a Texas feedlot. The range of sales for the feedlots from Texas, Oklahoma and New Mexico was from $112.75 to $114.25.
More details on the Wednesday is available here
**********Superior Livestock Auction'
s next to last sale of the year is set for tomorrow- Friday December 2nd. About 24,000 will be offered- sale time is at 8:00 AM central time on both DISH Network Channel 232 and on Superior Click to Bid.
For more details of this Friday's sale- click here
. Or- you can always call for more details at 1-800-422-2117.
|Oklahoma Wheat Industry Mourns the Loss of Tom Glazier's Wife, Cheryl
Our friend Mike Schulte dropped us a note on the passing of the wife of former Oklahoma Wheat Commissioner Tom Glazier- Cheryl. Many of us knew her as Shortie.
Mike writes "I regret to inform you the passing of Cheryl (Shortie) Glazier the wife of Tom Glazier former OWC and OCIA board member. I just got confirmation from their son Kyle Glazier that the service for Shortie will be on Friday morning at 10:00 a.m. in Loyal at the Lomega High School Gymnasium. This caught the family unexpected as well as us at the OWC. Tom and Shortie were wonderful people to work for, she always made working the wheat promotion booth such an enjoyable experience. Please keep the Glazier family in your prayers during this time!"
Mike adds that for folks wanting to attend the services tomorrow that you need to keep in mind that the Lomega High School gymnasium is not located in the town of Loyal proper, it is located 4 miles west of Loyal and then 4.25 miles south. The exact address of the high school gymnasium is 18319 North 2700 Road, Omega, OK 73764.
Our prayers are with Tom and family.
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