|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!
FedCattleExchange.com has a total of 4,446 cattle on their showlist for the Wednesday April 19th sale of finished cattle- details will be available after noon today 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
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
Tuesday, April 18, 2017
In the latest crop progress report released Monday April 17, 2017, the United States Department of Agriculture rates the US winter wheat crop condition at 54 percent good to excellent, with 33 fair, 10 poor and 3 very poor. Winter wheat headed was 19 percent compared to 11 percent this time last year and is 6 points above the five-year average. For the complete USDA Crop Progress report, click here
According to the weekly crop progress report from USDA, Oklahoma
winter wheat jointing reached 92 percent, up 2 points from the previous year and up 4 points from normal. Winter wheat headed reached 40 percent, up 19 points from the previous year and up 15 points from normal. To view the complete Oklahoma Crop Progress and Condition Report, click here
, winter wheat condition rated 4 percent very poor, 12 poor, 33 fair, 45 good, and 6 excellent. Winter wheat jointed was 65 percent, behind 75 last year, but ahead of the five-year average of 58. Headed was 9 percent, ahead of 3 last year, and near 6 average. To view the complete Kansas Crop Progress and Condition Report, click here
, winter wheat condition was rated 78 percent fair to good. Cases of wheat streak mosaic virus were noted in Northern High Plains. To view the complete Texas Crop Progress and Condition Report, click here
.To sum up the current winter wheat crop condition here in the southern plains
- here's the Good to Excellent Ratings for this week and the change from last week:
Oklahoma 43% -2%
Kansas 51% +3%
Texas 42% +1%
The drop in the poor to very poor categories also reflect the benefits of moisture:
Oklahoma 17% 0%
Kansas 17% -3%
Texas 15% -1%
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation. National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company.
They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
In his latest analysis of the cattle markets, OSU's Dr. Derrell Peel looks into the impact the Chinese markets would have on global markets if they were to reopen access to US beef exports. China has hinted at this possibility for several months now, and recently doubled down after their president, Xi Jinping visited President Donald Trump nearly two weeks ago in Florida.
"The role of China in global beef markets has evolved rapidly in recent years," writes Peel. "Since 2012, growing beef consumption has resulted in a rapid increase in beef imports as consumption outpaced beef production in China. China emerged as the second largest beef importing country in 2016. Major beef suppliers to China in 2016 were Brazil (29 percent of total Chinese imports); Uruguay (27 percent); Australia (19 percent); New Zealand (12 percent) and Argentina (9 percent). In 2017, Chinese beef imports are projected at 950 thousand metric tons, up 17 percent from 2016.
"The rapid growth in Chinese beef imports recently provides significant export market potential for U.S. beef. The long run potential of beef exports to China is likely larger and more certain while short term prospects may be more modest as U.S. beef establishes market share and official shipments displace unofficial shipments. Still, if U.S. access to China happens rather quickly, 2017 U.S. beef exports could be boosted by an additional one to three percent this year in addition to the currently projected six to seven percent year over year increase in beef exports."
While, access to China promises great benefit to US beef producers, the outcome of ongoing negotiations are still up in the air. Until those talks are concluded, a foothold in the Asian market for the US remains uncertain. Read Dr. Peel's complete analysis published in this week's Cow/Calf Corner newsletter, by clicking here
|Don't Wait, Start Now in Developing an Estate Plan for Your Family's Farming or Ranching Operation
During the Texas and Southwest Cattle Raisers convention in San Antonio a few weeks ago, I caught up with Dan Childs
, senior agricultural consultant with the Samuel Roberts Noble Foundation who was there presenting on the topic of estate planning for family farm operations. He shared with me some of the primary things to consider when making arrangements for the eventual transfer of your farming assets to your heirs.
"People really need to start making some of these hard decisions," Childs said, noting that there is a lot of property that will soon exchange hands given demographic data that suggests much of the land being farmed is currently owned by a largely older group of people. "Hopefully, they will start developing these plans to get assets transferred to who they want them to and at the end of the day it be a blessing to the heirs rather than a burden."
Getting started down this road to being prepared for the inevitable can sometimes be the hardest part, says Childs. He contends that this stems from the fact that, most people just don't know about the available tools and processes to get the ball rolling. He adds, keeping family matters and business matters separate are also a challenge at times. He suggests familiarizing yourself with the tools out there and managing your heirs' expectations to make the process go smoothly.
"Communication is always paramount," Childs insisted. "Because, more so today than ever before, we've got more non-farm, urban heirs that may not be as knowledgeable of farm operations. Be sure that your intentions are communicated."
Listen to Childs' estate planning advice for family farming and ranching operations, on yesterday's Beef Buzz - click here
|Meet Your Oklahoma FFA Central District Star in Agribusiness Ryan Noland from Springer
As we get closer to the 2017 State Convention of the Oklahoma FFA, we begin this week with the Central District Star in Agribusiness Ryan Noland
, of the Springer FFA Chapter. Noland has started mowing lawns in the 5th grade with just a simple push mower. Today, Noland has turned his hard work into a profitable turf management business, with more machines and more services to offer his customers.
"It really started turning into a business when I hit the 8th grade," he said. "Now I'm licensed, insured... I do everything from tree removal, to general mowing, weed control and fertilization."
As his business has grown, Noland has expanded his business to include both residential and commercial properties. He says one of the most important things he has had to learn, is developing relationships with his clients.
"Building relationships with your customers is key," he said. "That's the most important thing. Anybody can mow a lawn. You have got to go the extra mile and build those relationships with your customers."Click or tap here to read more
- and to have a chance to listen to our visit with Ryan during the judging of the State Stars a couple of weeks ago.
Our salute of the 2017 District Stars of the Oklahoma FFA is brought to you by American Farmers & Ranchers
, proud to support Oklahoma's youth. 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.
For nearly a century, Stillwater Milling Company has been providing ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A&M Feeds can be delivered to your farm, found at their agri-center stores in Stillwater, Davis, Claremore and Perry or at more than 100 dealers in Oklahoma, Arkansas, Kansas and Texas.
We appreciate Stillwater Milling's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.
As Governor Mary Fallin leads state policymakers in fixing Oklahoma's state budget deficit once and for all, the Governor signed into law a piece of legislation she says is essential to her "All of the Above" energy strategy.
With her signature, House Bill 2298, authored by Speaker Charles McCall and Senate President Pro Tempore Mike Schulz, will now formally become law. Starting July 1, 2017, this legislation will go into effect, sunsetting tax credits for zero emissions by the wind industry.
"The zero emissions tax credit was key to the growth of wind energy in Oklahoma, and I'm grateful to the industry for their ambitious successes, as well as their willingness to work with the state to address our challenging budgetary circumstances," said the Governor in a statement released Monday afternoon. "Their leadership, along with the leadership of Speaker McCall and Senate Pro Tem Schulz, is a critical part of our continued investment in the future of our state. It is time to ensure that Oklahoma has a bright future, and continues its position as a prominent energy state."
The bill HB 2298 passed the Oklahoma State Senate 40-3 last week after a prior passing vote in the House. To read the Governor's full statement on this key legislation in her plan to fix the budget crisis, click here.
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.
There's one question that has plagued the minds of producers everywhere - Have we established a low in the cattle market yet? Well, find out the answer to that question and many more regarding the cow/calf segment of the beef industry during the upcoming May edition of the Trends+ webinar.
This upcoming free webinar, brought to you by the folks at CattleFax, will provide an outlook for the cow-calf and the entire beef industry for 2017.
The CattleFax Trends+ Cow-Calf Webinar will be May 24, 2017, at 5:30 p.m. MT.
CattleFax analysts will discuss a variety of topics in the one-hour session, including:
- Cattle and feedstuff market projections for the next 12 to 18 months;
- Calf market outlook through summer and fall of 2017; and
- Analysis of a recent Cow-Calf Survey conducted by CattleFax. To participate
in the webinar and access program details, producers and industry leaders simply need to register online here
|Is Your Beef Cow Herd an Air Polluter??? Maybe- Under the Latest Federal Court Ruling Dealing with CERCLA- the Superfund Rule
A Beef Cow Herd of 200 mama cows may have to start filing pollution reports
if a Federal Court Ruling is followed all the way out to it's logical conclusion. That's the word from the NCBA in offering some commentary on the ruling of last week of the District of Columbia Court regarding Waterkeeper v. EPA, finding that EPA's 2008 ag exemption rule from CERCLA and EPCRA reporting requirements is invalid because the statutory language is unambiguous. This opinion was accompanied by an order to vacate the exemption, leaving farms nationwide subject to CERCLA and EPCRA liability.
The rule that was vacated was established in 2008- saying animal feeding operations under 1000 head were exempt from reporting requirements under these two federal laws.
NCBA tells us "While there is no public disclosure requirement under CERLCA, the court used EPCRA's disclosure requirement, combined with EPCRA's dependence on CERCLA, to find that disclosure under CERCLA is required to meet the statutory requirement of EPCRA. Currently, the Reportable Quantity under CERCLA is 100 pounds per day. This means that, if a farm is emitting over 100 pounds per day of ammonia or hydrogen sulfide, they will be subject to CERCLA and EPCRA reporting requirements. The penalties for non-reporting are equivalent to penalties for a hazardous substance release."
Does your head hurt yet? Colin Woodall with NCBA offers a couple of conclusions that are ominous:
"1. A vast universe of agricultural operations, small and large, are now subject to CERCLA and EPCRA reporting liability (our initial estimate shows operations with as few as 208 head of cattle are subject to these requirements),
"2. Given that operations as small as 208 head could now be subject to these requirements, it begs the question of whether cow/calf operations would be subject as well, since many cow/calf operations exceed 208 head. The regulatory definitions are unclear on this point, because CERCLA and EPCRA were not designed for this purpose."
We are not talking about a one or two page paper filed annually- the paperwork and the process of getting the information to put on the forms involved will be costly and time consuming and be one more way that environmental activists will be able to access intimate details about your livestock operation.
I suspect that this could be the next major battle for the livestock industry to fight- depending on how EPA and Administrator Scott Pruitt approach how to handle this court order.
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