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Let's Check the Markets!
FedCattleExchange.com has a total of 3,350 cattle on their showlist for today's sale of finished cattle- details available by clicking here.
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
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Dave Lanning, Markets and Production
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, February 22, 2017
Yesterday, the American Farm Bureau Federation announced it was joining the ranks of hundreds of food and farm groups in support of protecting the funding of assistance programs included in the 2014 Farm Bill, which are vulnerable to the threat of being cut, as talks begin to open the legislation up for renegotiation.
AFBF is one of several organizations spearheading this supportive action in a letter expressing the collective resolve of all 502 collaborating organizations.
The letter strongly urged the congressional leaders "to reject calls for additional cuts" during a time when the agricultural and rural economies are showing stress, a significant number of American households financially are struggling to meet basic nutrition needs and U.S. farm income has declined 46 percent from only three years ago.
Reduced spending contributed greatly to the nation's deficit reduction effort under the 2014 farm bill. However, the coalition of these groups believe additional cuts to the 2018 farm bill would present perils on many fronts.
The groups strongly encourage congressional leaders "to recognize the substantial savings already achieved, which far exceed expectations, and to provide the (Agriculture) committees the opportunity to complete their work through regular order, without arbitrary budget cuts or caps."
To get the full story on AFBF's participation in this movement for more details, or to read the aforementioned letter for yourself, click or tap here
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During the AFR convention held this past weekend, delegates of the organization came together to form policy over several pertinent political issues. Topping the list as one of the highest priority items, was immigration reform.
"We support comprehensive overhaul of the federal immigration system in order to safeguard the multi-billion dollar American agriculture industry, which currently lacks a stable legal workforce," said AFR delegates.
Among the other policies that attracted support at the convention was REAL ID driver's licenses, better access to healthcare for U.S military veterans, "ag friendly county" designation, and the agriculture mediation program.
Particular emphasis was also placed on increased protection of property rights and blocking any tax increases that may affect members.
"We've always felt strongly about protecting private property rights and limiting ad valorem taxes," said AFR President Terry Detrick. "Our members made it clear this is a major concern."
to read about more priority issues taken up by AFR delegates at their recent policy meeting.
The U.S. Farmers and Ranchers Alliance will share a one-of-a kind experience with attendees of the upcoming South Beach Food & Wine Festival.
Utilizes virtual reality technology, visitors to the USFRA booth will have a chance to experience life inside an Illinois pig farm - from the beaches of south Florida, with USFRA's new 360-degree video.
This effort is a part of USFRA's "SMART Farm" initiative aimed at bridging the gap between acceptance of everyday innovation in consumer's lives with science and technology on today's farms.
"Because the event ties back to food, it's a great venue for us to showcase the innovation and technology farmers and ranchers are using to produce food in a sustainable way, without compromise on cost, quality or taste," said Randy Krotz, USFRA Chief Executive Officer.
|Good Genetics and Hard Work - the Secrets Behind the Success of Seedstock Empire Express Ranches
As one of the largest and most accomplished seedstock operations in the business, most would agree Express Ranches has hit the height of success in the industry. I spoke recently with the ranch's president and CEO, Jarold Callahan
, who shared some of the operation's secrets of success. He says at the end of the day, it's mostly just good genetics and a lot of hard work.
"We spend a lot of money, spend a lot of effort to try to get our cattle as good as they can be," Callahan said. "We're attempting to raise real good bulls - that go out and breeds the commercial man's cows and doesn't cause him any problems; and adds value to his calves."
And unlike in the past, when a good bull was judged more or less on his looks, Express today, has the full advantage of mountains of data that tell a bull's full story. This helps the managers at Express, help their customers find the perfect bull for their needs.
"We have a lot more information," Callahan agreed. "At times it probably can overwhelm you, but - I think that if we let the cattle and the data speak to us, we'll continue to improve."Click or tap here
to read the original story or for your chance to listen in as Callahan shares with me Express Ranches' secrets of success, on yesterday's Beef Buzz.
Midwest Farm Shows wants to thank everyone who came to the 2016 Tulsa Farm Show. The show has grown tremendously over the past 23 years- and 2016 was the best yet!
Now is the time to put on your 2017 calendar the date for the 2017 Oklahoma City Farm Show, coming April 20, 21 and 22, 2017. Contact Ron Bormaster at (507) 437-7969 for more details about how your business or organization can be a part of the 2016 Oklahoma City Farm Show!
Click here for more details about the 2017 Oklahoma City Farm Show- presented by Midwest Farm Shows.
|Scott Pruitt Addresses EPA Employees and Talks About the Concept of Rule of Law and the Need to Respect the Law
From our sister website- Ok Energy Today-we get a glimpse of Scott Pruitt
talking to staffers at the EPA- urging them to be willing to serve stakeholders that need to make a living- but also want to protect the environment.
In his first address to the thousands of people who work for the U.S. Environmental Protection Agency, new Administrator Scott Pruitt delivered a message of what he expects of them.
Smiling and holding an EPA baseball cap given to him during his introduction to workers gathered at EPA headquarters, Pruitt again stressed the 'rule of law', a phrase he mentioned numerous times during his controversial confirmation hearing before the U.S. Senate Environment and Public Works Committee.
"I believe that we as a nation can be both pro-energy and jobs, and pro-environment," said Pruitt. "We don't have to choose between the two."Click here to read more
from that the first comments made by Pruitt to the EPA staff- we also have some audio of Pruitt's comments made yesterday at the EPA Headquarters.
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 to subscribe to his daily update of top Energy News.
Monsanto Company yesterday released its 2016 Sustainability Report, Growing Better Together
. Highlights include Monsanto's actions to help mitigate and adapt to climate change through collaborative efforts, the advancement of its biodiversity position and alignment of its work with the United Nations Sustainable Development Goals.
"We understand the crucial role agriculture has in feeding the world while utilizing the least amount of resources possible. We are committed to helping farmers grow more food using fewer resources and together, we have made meaningful progress against our goal of advancing modern agriculture," said Pam Strifler
, Vice President, Global Sustainability and Stakeholder Engagement at Monsanto. "Sustainability is firmly embedded in our business and aligned across three broad areas - people, planet and company. As we look back on fiscal year 2016, we take great pride that we're on track to meet key environmental and social milestones."
In 2016, Monsanto made significant progress in the company's multi-pronged approach to achieving a carbon neutral operational footprint by 2021 and in promoting climate-smart agriculture practices:
- Attained 89 percent of its goal to reduce greenhouse gas emissions from crop protection operations by 22 percent (per pound of active ingredient) by 2020.
- Established the Carbon-Neutral Collaborative to help develop a scalable and verifiable carbon accounting framework for the agriculture industry.
- Commissioned and publicly shared a third-party study showing that widespread adoption of recommended climate smart agricultural practices could potentially absorb more carbon than 2.5 billion tree seedlings grown for 10 years, in the U.S. alone.
For more highlights from Monsanto's report on reaching its sustainability goals for 2016, continue reading this story by clicking or tapping here
According to OSU's Dr. Derrell Peel, due to herd liquidation during the last major drought, the current cow herd as a result is now a lot younger than it was a few years ago. And with younger cows, he says the genetic progress in our herd has
"The 2015 cow culling rate was very low for as far back as I have data; 2016 is still below average," says Peel, who suggests 2017 will continue below average. "Eventually as you add more cows, you get back to normal culling for physical reasons, but I would imagine we are still a year away from that at this point."
The share of heifers in the USDA reported fed-cattle harvest is a good indicator of expansion trends, says Paul Dykstra, beef cattle specialist for the Certified Angus Beef brand.
"There's been a dramatic build-up in the past two years as heifers in the fed-cattle mix dipped to 32.5% in 2015 and 31.9% in 2016," Dykstra notes.
Simply based on supply and demand, a larger supply of beef means a softening cattle market. But for producers, the steadily higher demand for quality beef despite its increasing supply indicates a strong future.
Dykstra says a heifer percentage of the fed-cattle harvest mix shifting to higher than 35% indicates cow herd expansion is slowing or reaching equilibrium.
For more insight into the current situation of the nation's herd expansion, click here
to read the complete story.
|Superior Road Tripping to Oklahoma City- Selling 33,600 in Tomorrow's Sale
This week- Superior Video Livestock Auction is taking their regular every other week sale out of Fort Worth and landing it in Oklahoma City at the Embassy Suites on South Meridian (just south of I-40). The sale is set for tomorrow, February 23rd at 8:00 AM with Superior Sunrise on the air at 7:30 AM.
Superior Sunrise and the Auction can both be seen on DISH network channel 232 and on SuperiorClickToBid.Com.
There will be a little over 33,000 head of cattle selling in tomorrow's sale. Click here for more details about the sale.
I am looking forward to joining Kirbe Schnoor tomorow morning on Superior Sunrise from the Embassy Suites tomorrow morning- and I invite you to come in for that live show and for the auction after that- you can simply observe the Superior Sales Process live and in person- or you can also bid there onsite for cattle as they are offered.
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