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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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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, April 7, 2017
Beef and Pork Exports Race Ahead by Double Digits Versus 2016
Based on statistics and data compiled by the US Meat Export Federation, the USDA yesterday announced in a released statement that US exports of both beef and pork during the month of February were well above year-ago levels. In fact, the pork numbers are the highest on record. This report underscores the narrative we've heard lately about the unprecedented strength in export demand, which is expected to continue through the rest of this year at least.
Totaling just under 90,500 metric tons, beef exports are up 9 percent year-over-year with a 16 percent increase in value, chalking up to over $500 million.
Meanwhile, pork exports were higher in year-over-year as well, with a total just shy of 200K mt exported, valued at approximately $487 million, up 17 percent.
"With trade deficits being a hot topic of conversation, especially with countries such as Mexico, China and Japan, it's important to highlight the sectors in which U.S. products are competitive throughout the world and exports are thriving," said USMEF President and CEO Philip Seng. "The red meat sector is certainly in that category, as exports have helped fuel growth in the U.S. industry and, in turn, larger U.S. production has opened further export opportunities and generated positive returns for the entire supply chain."
For more highlights from USDA and USMEF's report on the outstanding performance of US meat exports over the past two months, click or tap here
.Meanwhile- speaking of the USMEF
- our Thursday Beef Buzz featured more from our conversation from this past Saturday with Erin Borror
- the on staff Economist for the promotion group.
Erin and I talked about the battle the US has on an ongoing basis with Australia in selling beef into the Pacific Rim countries- click or tap here
for our Beef Buzz report and a chance to hear this edition of the Buzz with Erin Borror.
Oklahoma AgCredit supports rural Oklahomans with reliable, consistent credit. Part of the 100 year old Farm Credit System, Oklahoma AgCredit offers variable and fixed interest rates to help you manage your budget.
Talk to a local team who understands agriculture. Talk to Oklahoma AgCredit. Financing rural Oklahoma. Equal housing lender.
|$20K Worth of Whole Cotton Seed Donated to Ranchers Affected by Wildfires for Cattle Feed
Producers Cooperative Oil Mill stepped up yesterday to help the ranchers affected by the recent wildfires in Oklahoma by donating 100 tons of whole cotton seed to the relief efforts of the Oklahoma Cattlemen's Association and its charitable Foundation.
"Just in Oklahoma, more than 300,000 acres were burned during the recent fires and most of that was ranch land," said Austin Rose, CEO of Producers Cooperative Oil Mill. "We understand that cattlemen depend upon the forage in the pastures to support their cattle. We're donating the whole cotton seed to help feed and sustain good nutrition in those cattle until the green grass comes on."
Bates Bros. Trucking and Tony Gilbreath Trucking generously donated the freight to deliver the whole cotton seed, valued at $200 per ton, to the fire stricken areas in the Oklahoma Panhandle.
To learn more about this act of generosity to our neighbors up in the Northwest, or to find out how to make your own contribution to the ongoing relief efforts, click here.
|Drought Gets Whacked- Drought Ratings Drop 30% in Latest Drought Monitor
The Drought Monitor released Thursday morning finally caught up with the rains that fell early last week across Oklahoma- and it shows a drop from 77% to 54% in the Moderate Drought Rating- Severe Drought was also greatly reduced from 36% down to 14% in this latest Monitor.
Here's the graphic- courtesy of Gary McManus- our State Climatologist and general Weather Dude:
There are still areas of concern- but attitudes are a thousand percent better as drought has been knocked off its feet for at least a little while.
Plains Cotton Growers, Inc.,are hosting their 60th Annual Meeting on today at the Lubbock Memorial Civic Center.
Current PCG president Johnie Reed, who farms near Kress, Texas, will preside over the meeting and PCG Executive Vice President Steve Verett will report on the status of PCG operations and activities.
The keynote speaker, sponsored by Farmers Cooperative Compress, will be Matt Rush. Matt is the fourth generation in his family to be a New Mexico farmer and cattle rancher. He and his dad partner on a farming and ranching operation and to support his farming habit, Rush travels the country as a professional speaker conducting leadership and motivational seminars. The Zig Ziglar Corporation recently recognized his talent and
skill as a speaker and trainer inviting him to become one of their first ever Platinum Level speakers. He also is the Executive Vice President of the New Mexico Farm & Livestock Bureau.
House Agriculture Committee Chairman Mike Conaway and Kim Kitchings, Senior Vice President, Consumer Marketing for Cotton Incorporated, also are scheduled to speak. The program will feature an update on the Plains Cotton Growers, Inc. PAC and an announcement about the 2017 Celebrate Cotton Game.
|This Week on SUNUP - Dr. Anderson Examines World Wheat Production, and How the US Compares
This week on SUNUP - OSU's Dr. Kim Anderson takes a look at world wheat production as harvest season begins around the globe. According to him, "World market is starting off with a bang on production."
Anderson reports, Syria's crop is up significantly from the past several war-torn years of production, as is India's crop, which may turn out to be a record harvest for the subcontinent that's had rough luck in recent years.
As for the US, production is expected to be considerably less than last year with some estimates coming in at 1.9 billion bushels. Anderson says that could help in the efforts to reduce the amount of piled up wheat clogging bins currently around the Plains, and weighing down markets.
However, he continues to beat the same drum, insisting domestic wheat prices this year will fall to the mercy of one question.
"Our price is going to depend on, do we have protein," he said. "That's what we're going to have to wait and see."
To read more or to listen in on Anderson's analysis of the wheat markets with host Lyndall Stout, or to get a sneak peek of this week's line up for the show, click here.
Through the voluntary contributions of Oklahoma's oil and natural gas industry, the OERB has spent over $100 million restoring more than 15,000 orphaned and abandoned well sites across the state at absolutely no cost to landowners. The OERB has restored sites in 70 of 77 Oklahoma counties, cleaning an average of two to three sites each day.
In an ongoing series presented by the Oklahoma Department of Agriculture, highlighting the women of Oklahoma that have impacted our industry in a powerful way, Maxine Haydon is being saluted this week, as a Significant Woman in Agriculture.
Maxine was raised on a farm and is no stranger to the hardships of agricultural life. She and her family struggled to survive the Great Depression, the Dust Bowl, and the difficult times war brought to the nation. She learned at a very young age how to be a fighter and how to look for the light at the end of the tunnel, but all the while appreciating what you have.
Though her husband, Paul, grew up just miles from Maxine, the two did not meet until they were in college at Oklahoma A&M attending a Thanksgiving Day football game against the University of Oklahoma. They were married the following year.
Not long after the two were married, Paul took out a loan on 580 acres of his father's 1,600-acre farm which contained a beautiful 450-acre native pecan grove with another 100 acres of papershell pecan trees.
"When I met Paul Haydon he said 'This is all I'm ever going to do is be a farmer,'" said Maxine. "He had been to South Korea for a year in service. So I had to make my decision, it was the hardest one I ever made in my life-to be a farmer."
Together, Maxine and Paul set the goal to improve their recently acquired farm. The result of their efforts is an impressive, beautifully-kept pecan orchard with sunshine peeking through the trees and into the grove.
To continue reading about Haydon's achievements and influence in Oklahoma's agricultural community, check out her complete story, by clicking here
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On the theme Partnering for Progress, the 2017 CropLife America and RISE Regulatory Conference, which got underway earlier this week in Virginia, is encouraging open communication and partnerships among the pesticide industry, the government and other stakeholders.
To get the ball rolling, CLA kicked things off with the unveiling of a new Council for Agricultural Science and Technology Report entitled, Crop Protection Contributions Toward Agricultural Productivity.
"CLA and RISE are proud to provide an opportunity for the crop protection and specialty pesticide industries, stakeholders, and academia to meet with representatives from the U.S. Environmental Protection Agency, the U.S. Department of Agriculture and other Agencies to discuss the latest developments in pesticide science and regulation," said Jay Vroom, president and CEO of CLA. "Our country's successful food system rests upon a foundation of partnerships. The CLA and RISE Regulatory Conference helps facilitate these important discussions and collaborations."
Since 2009, the CLA and RISE Regulatory Conference has provided a forum to discuss the evolving science and regulation behind crop protection and specialty pesticide products. The educational sessions scheduled throughout the two days encourage open discussion among industry, stakeholders and federal regulators about the issues facing the crop protection and specialty pesticide industries. The keynote speaker yesterday morning was, Dr. Robert Johansson, chief economist at USDA, who discussed the economic landscape for agriculture and key regulatory approaches to risk-based decision making.
Learn more about this report and the events taking place at the CLA and RISE conference this week, by clicking here.
Today, we bring you the fourth competitor in our feature of the race for the State Star in Ag Placement, Weatherford FFA's Austin Seright, representing the Southwest District. Throughout his high school career, Seright has spent his summers employed with Mullin's Mowing, a lawn and garden care company, servicing 150 yards a week.
Over the course of the last four summers, Seright has polished his customer service skills as learned the value of a good work ethic.
"Really customer satisfaction; talking to customers - that was the hardest thing for me and now it's nothing for me to talk to customers," Seright said, adding too that the work itself is no easy task. "It takes us a full week. We work six days out of the week and it's full days, every day."
Upon graduation, Seright plans to attend OSU-OKC to pursue a degree in landscape architecture and design with the hopes of starting his own lawn care service.
You can read more about Seright and his experiences as a member of the FFA, or listen to my interview with him, by clicking here.
American Farmers & Ranchers is the proud sponsor of our District Star spotlights this month. Be sure to visit the AFR website by clicking or tapping here to learn more on how AFR supports the young people of Oklahoma, and how AFR can provide you with quality insurance for your home, auto, farm, and life.
|Bits and Pieces- More Wildfire Help Coming, Choctaw Land and Cattle Bull Sale- and the Griswold Grass to Grid Bull Sale Happen on Saturday
The Oklahoma Department of Agriculture, Food and Forestry is expecting a convoy of more than 30 vehicles from Michigan delivering hay and supplies to those impacted by wildfires to approach the Oklahoma Panhandle early afternoon Friday, April 7. The convoy is expected to arrive at about 1 p.m. in Gate, Oklahoma.
Ag Secretary Jim Reese plans to be on hand midday today to greet those folks coming in from Michigan to personally thank them for helping the ranchers who are working to get back on their feet after the wildfires that started in early March.
The Choctaw County Land & Cattle Company will be holding their 2nd Annual Bull and Female Sale tomorrow, April 8, 2017 with sale starting at 1:00 PM
The sale will feature 80 Angus and Sim-Angus Bulls, with genomically enhanced EPD information available on the bulls being offered.
View details by clicking or tapping here. You will find videos of the bulls, a flip catalog and a PDF catalog that can be downloaded.
Please call Cindy Wayman at (918)244-8430 for your last minute sale questions.
Also happening tomorrow- the Griswold Cattle Company will be presenting their Grass to Grid Bull Sale. The sale will start at 12:30 pm- at the Bourquin Sale Facility on the west side of Follett, Texas.
There will be 250 bulls on offer- Angus, SimAngus and Irish Whiskey Angus.
There will also be a set of Commercial Angus Females that will be sold as well.
For more information, contact John Griswold at 405-780-3300- or click here for their website and a chance to check out the catalog, complete scan data of the cattle on offer and they now have videos of many of the bulls on offer.
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