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Let's Check the Markets!
FedCattleExchange.com has a total of 2,684 cattle on their showlist for the Wednesday May 24th 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, May 23, 2017
Farmers Make Modest Planting Progress Despite Surplus of Moisture in Latest Crop Progress Report
In the latest crop progress report released Monday May 22, 2017, the United States Department of Agriculture rates corn planted at 84 percent, equal to last year and on just below the five-year average by 1. Cotton planted rates at 52 percent, 7 above last year and just 2 above the average. Finally, Sorghum planted rates 37 percent, 1 point ahead of last year and 4 points behind the average. For the complete USDA Crop Progress report, click here
.The unknown out of this report will be how many corn acres may end up being replanted in Kansas, Missouri and southern Illinois- states hit hardest by heavy rains.
According to the weekly crop progress report from USDA, Oklahoma
sorghum planted reached 34 percent, down 5 points from normal. Cotton planted reached 38 percent, up 9 points from the previous year and up 10 points from normal. Conditions of pasture and range meanwhile are rated at 82 percent good to fair. To view the complete Oklahoma Crop Progress and Condition Report, click here
, winter wheat condition rated 8 percent very poor, 16 poor, 29 fair, 40 good, and 7 excellent. Winter wheat headed was 94 percent, near 95 last year, but ahead of 83 for the five-year average. Corn planted was 70 percent, behind 89 last year and 86 average. Emerged was 48 percent, behind 60 last year and 58 average. Sorghum planted was 4 percent, near 5 last year, and behind 12 average. Pasture and range conditions rated 0 percent very poor, 2 poor, 18 fair, 64 good, and 16 excellent. To view the complete Kansas Crop Progress and Condition Report, click here
, wheat harvest slowed down in the Low Plains, the Cross Timbers and the Blacklands due to rain and high humidity- statewide- the wheat crop is now 20% harvested. Some farmers continued planting cotton in the Plains, but others decided to wait until after the forecasted rainfall at the end of the week. The sugarcane aphid was still a threat in sorghum fields in areas of the Coastal Bend. 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 49% +2%
Kansas 47% -2%
Texas 36% -8%
The increase in the poor to very poor categories reflect the unfavorable weather conditions that have caused damage to crops:
Oklahoma 13% -4%
Kansas 24% +8%
Texas 18% +3%
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.
|AFR Insurance Honors Rural Fire Departments Who Helped Fight the Early March Wildfires in Northwest Oklahoma
Over the weekend, American Farmers & Ranchers Insurance held an invitation-only luncheon in Woodward to honor the often overlooked, hard work of rural fire departments. All 140 fire departments represented at the event, "Funds for Fire Fighters - AFR Answers the Call," had a hand in the battle against the wildfires that spread over three counties of Oklahoma earlier this year in March.
As a thank you to all those who fought the catastrophic fires of last March, that caused devastation to farming communities in Northwest Oklahoma, AFR presented each department with a check for $1,500 to help defray the costs incurred during the fires. In total, AFR donated $200,000 to the rural fire departments.
"We wanted to honor the dedication and sacrifices made by these courageous fire fighters, many of whom had to leave their own property while fighting to protect their neighbor's property," Terry Detrick, AFR president, said.
You can read more or listen to an audio overview of the day, featuring comments from AFR President Detrick and Laverne Fire Chief Ted Bozarth
, by clicking here
. (Our thanks to Sam Knipp
for the audio from Terry and Ted)
|Oklahoma Producer and Beef Board Chairman Brett Morris Shares His Experience Touring Japan's Beef Industry
The United States Meat Export Federation recently hosted a trade tour to Asia, to allow representatives of the US beef industry to be exposed and interact with their counterparts from two of the largest US beef export destinations, Japan and South Korea. The delegation included members of the Texas and Colorado Beef Councils as well as Oklahoma Beef Council member and Chairman of the National Cattlemen's Beef Promotion Board, Brett Morris
, a cattle producer from Ninnekah, Oklahoma. Just back from his trip, Morris sat down this past week with me, to discuss his experience in the Pacific Rim.
"We got to see how the beef was marketed, how they brought it into the country and one of the largest cold storage facilities there in Japan," Morris said, which he noted held a capacity of 90,000 pallets. "The people there are very accepting of us. They love the taste of our beef and we've also got to remember that there's certain variety meats over there that they thing are delicacies that we don't consider too much of and that's adding value to what beef producers are getting here at home."
According to Morris, products such as tongue, for example, are selling for six times what is charged here in the US. The group was able to visit local restaurants to observe the popularity of US beef for themselves.
"It's just an eye-opening experience to be there," he said, "and actually see how your Checkoff dollars are working."
Morris joined me this past Saturday for our weekly In the Field segment on KWTV News9. In case you missed it, you can watch a video clip of our visit or listen to our off-camera interview about his trip to Japan, on yesterday's Beef Buzz - click here
|State Wheat Specialist Dave Marburger Reviews OSU's 2017 Wheat Tour as Harvest Kicks Off in Oklahoma
OSU celebrated 125 years of research conducted on the Historic Magruder test plots of the DASNR Agronomy Research Farm, last week in Stillwater. Our Associate Farm Director Carson Horn attended the event and took the opportunity to speak with Dave Marburger, state wheat specialist, about the event.
According to Marburger, the Magruder plots are the longest continual wheat experiment in the world, and the second longest-running experiment west of the Mississippi River. Established by and named for A.C. Magruder, the first agricultural professor at the university when it was still called Oklahoma A&M, the test plots began in 1892 on campus where today, Stout Hall stands. Marburger says as the university expanded, the plots were in fact carefully excavated in 1947, and relocated to where they are currently, west of the Stillwater campus on the OSU Agronomy Research Farm. This year marks 125 continuous years that the plots have been under use, for research on the effects of fertilizer in wheat.
This event was the centerpiece of this year's wheat tour consisting of 22 stops across the state, hosted by OSU's wheat team.
"We've been talking a lot about varieties, lot of options out there and moving forward with all of our companies and the development that they're doing," Marburger explained. "In terms of the crop condition... I just hope we can get it in the bin before Mother Nature takes it from us. This past seven days or so has been pretty rough in some areas - laying a lot of wheat down. But, hopefully we'll get some good weather coming up here soon, dry things out so we can get combines rolling."
You can read more about Carson's visit with Marburger, discussing the Magruder plots, the 2017 OSU wheat tour and his predictions about this year's harvest, or listen to their complete conversation from that day, by clicking or tapping here.
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.
According to OSU Extension Livestock Market Economist Dr. Derrell Peel, in his most recent contribution to the Cow/Calf Corner newsletter, recent rains have washed away drought conditions around the country and have significantly improved pasture and rangeland conditions - allowing an abundance of high quality forages to grow.
"Nationwide, 10 percent of pastures and ranges are reported in poor or very poor condition with 28 percent in fair condition and 62 percent in good to excellent condition. The Cornbelt region reports less than three percent of pastures in poor or very poor conditions with ample moisture resulting in nearly 80 percent of pastures in good to excellent condition. However, excessively wet conditions have caused crop planting delays for field crops in the area," writes Peel.
According to Peel, US hay stocks for May have ticked down slightly by about 3 percent, but he says mild winter weather has also contributed to an increase in some Southern regions including Oklahoma, Texas and Arkansas which are up 3.4 percent year over year and are at the highest level since 2008.
"All in all, despite the current situation in Florida and southern Georgia, the U.S. has very favorable conditions for pasture, range and hay so far in 2017. This will help support cattle production and hold production costs down for cattle producers."
For more insights into Dr. Peel's analysis on the current availability of forage throughout cattle country, click here
and read his complete column.
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Senate Ag Committee leaders Pat Roberts, chairman, and Debbie Stabenow, ranking member, yesterday announced a list of witnesses slated to testify before the committee during a hearing to discuss the state of the rural economy in America.
The hearing entitled, Examining the Farm Economy: Perspectives on Rural America, is scheduled to take place Thursday, May 25, 2017 at 10:00 a.m.
Witnesses scheduled to speak on behalf of rural Americans struggling to make ends meet include Dr. Robert Johansson, Chief Economist, U.S. Department of Agriculture, Washington, D.C. and Dr. Nathan Kauffman, Assistant Vice President, Economist, and Omaha Branch executive, Federal Reserve Bank of Kansas City, Omaha, Neb. among others.
For a complete list of the witnesses that will speak during Thursday's hearing in DC before the Senate Committee on Agriculture, check out the original announcement on our website, by clicking here
|Trump Budget Slashes Ag Spending- Congress Will Ignore- but Jon Doggett Says Pay Attention
Lots of stories are out there this morning on President Trump's budget, which is officially unveiled today- and the news is not good for those who believe that spending on agricultural priorities is needed and a good investment.
While conventional wisdom suggests Congress will not be paying a lot of attention to the Trump budget- long time lobbyist
Jon Doggett, executive vice president for policy at the National Corn Growers Association, said groups across the political spectrum will be looking at the budget for the White House's overall priorities in the years to come.
"When the president's budget comes up, there's always a tendency to say the president's budget is dead on arrival. I think it's important to look at this one," Doggett said. "It's important in that it tells us a lot where the Trump administration plans to go in the future, not only as personnel policy, but money policy as well. I think we will have a better idea on how they plan to move forward in reshaping the government."
The National Sustainable Agriculture Coalition cited that the budget would eliminate funding for rural housing and infrastructure programs at USDA, including Value-Added Producer Grants, Rural Cooperative Development grants and Rural Housing Assistance. NSAC also pointed to deep cuts in areas such as rural water and wastewater programs.Chris Clayton
with DTN has a good overview of what the budget proposal is saying- click or tap here
to take a look.
|Another Trump Appointee Across the Finish Line- Governor Branstad is Now Ambassador Branstad
At least two agricultural groups were quick to offer praise for the Senate vote yesterday afternoon to confirm Iowa Governor Terry Branstad as the US Ambassador to China.
Craig Uden, president of the National Cattlemen's Beef Association, today released the following statement in response to the U.S. Senate's confirmation of Iowa Gov. Terry Branstad to be the U.S. Ambassador to China:
"As the six-term governor of a state with more than $10 billion in annual agricultural exports, Terry Branstad is an ideal person to help facilitate the U.S. beef industry's return to the Chinese market for the first time in 13-plus years. Ambassador Branstad has said that he intends to serve American-produced beef at the U.S. embassy in Beijing, and America's cattle producers look forward to working with him to make that a reality as soon as possible."
Also expressing positive vibes was the American Soybean Association.
Their President, Ron Moore, said "We cannot understate the importance of maintaining a good trading relationship with China, along with all of our top exporting countries, and having Gov. Branstad in place will help ensure that agricultural trade remains a top priority between our two countries."
The U.S. soybean sector exported $27 billion in soybean products last year, making it the largest agricultural export. Of that, sales to China comprised more than $14 billion, establishing the market as the most significant for U.S. soy.
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