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Let's Check the Markets!
FedCattleExchange.com has a total of 1,660 cattle on their showlist for the Wednesday, June 21st 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, June 20, 2017
Winter Wheat Harvest Gains Traction in Kansas While Oklahoma and Texas Near the Home Stretch, According to Latest Crop Progress Report
In the latest crop progress report released Monday, June 19, 2017, the United States Department of Agriculture rated the US soybean crop condition at 67 percent good to excellent, 26 percent fair and 7 poor to very poor. The US corn condition is rated 67 percent good to excellent, 25 percent fair and 8 percent poor to very poor. For the complete USDA Crop Progress report, click here
According to the weekly crop progress report from USDA, Oklahoma
winter wheat harvested reached 77 percent, up 18 points from normal. Canola harvested reached 74 percent, unchanged from normal. Sorghum planted reached 83 percent, up 9 points from normal. Cotton squaring reached 13 percent, up 5 points from the previous year and up 5 points from normal. To view the complete Oklahoma Crop Progress and Condition Report, click here
, winter wheat harvested was 22 percent, equal to last year, and near 25 average. Corn condition rated 1 percent very poor, 6 poor, 32 fair, 52 good, and 9 excellent. Sorghum condition rated 0 percent very poor, 2 poor, 24 fair, 71 good, and 3 excellent. To view the complete Kansas Crop Progress and Condition Report, click here
, wheat harvest continued, reaching 74 percent complete for the state as a whole, 22 points above last year and 16 points above the 5-year average. Cotton planting is now 91 percent complete, down 2 points from last year and below the average by 3 points. Corn condition rates 74 percent good to excellent, 22 fair and 4 percent poor to very poor. To view the complete Texas Crop Progress and Condition Report, click here.
It's great to have the Livestock Exchange at the Oklahoma National Stockyards as a sponsor for our daily email. The eight Commission firms at the Stockyards make up the exchange- and they are committed to work hard to get you top dollar when you consign your cattle with them. They will present your cattle to the buyers gathered each Monday or Tuesday at one of the largest stocker and feeder cattle auctions in the world.
Click here for a complete list of the Commission firms that make up the Livestock Exchange at the Oklahoma National Stockyards- still the best place to sell your cattle- and at the heart of Stockyards City, where you can go around the corner enjoy a great steak and shop for the very best in western wear.
As the US prepares to enter China's beef market, trying to understand exactly what we're getting ourselves into will be a bit of a blind shoot for a while, says OSU Extension Livestock Market Economist Dr. Derrell Peel in his latest article in this week's Cow/Calf Corner newsletter.
Peel says that until the market has a chance to identify which products will attract demand and at what value they can sustain, exporters will only slowly and cautiously enter the market in the initial stages.
"In general, not much is known about the composition of Chinese demand for U.S. beef," he writes. "What mix of middle versus end meats; Choice versus Select; and offals will make up Chinese demand for U.S. beef? It will likely be a moving target for many months."
Any number of situations could play out over the next several months, Peel speculates. Exports could slowly trickle in, dragging on for some time as the market slowly develops, or Peel says China's market could perform much more aggressively than we might anticipate. The fact is, we won't know until it happens.
"There are many unknowns but it seems unlikely that beef exports to China will have a large noticeable effect on cattle and beef prices and beef production in the U.S. initially. Over time, with growing market share, prices for particular products might be affected depending on the quantity, quality and specific products demanded in China" Peel write. "More general price effects on beef and perhaps cattle will depend on the dynamics of demand relative to supply for U.S. beef products in the Chinese market. The U.S. industry will benefit over time from some combination of higher prices and/or increased export volumes as the Chinese market grows. Beef exports to China could be a very big deal in the future but will likely start fairly slowly."Click here
to read Peel's full explanation of how the Chinese markets might respond to US beef's arrival, and what impact that scenario will have on our domestic beef business here at home.
|State Conservationist Quarterbacks Cover Crop Pilot to Keep Farmers Compliant with NRCS and FSA Programs
Last week, Oklahoma's Conservation Partners joined the Regional Food Bank in announcing that together, they were launching a pilot project that would pair cover crops and feeding the hungry under one program.
By planting fruiting cover crops on their fields, the farmers participating in this pilot will be able to achieve their soil health goals, and by allowing the Regional Food Bank to glean from these cover crops the resulting fruits and vegetables, they will be able to feed hungry Oklahomans as well.
I spoke to Gary O'Neill, our State Conservationist, at this announcement. He has also agreed to participate in this pilot as well. His role - to assist the farmers stay within their commitments to the USDA as they participate in this program.
"For a pilot, we want to make sure we're not having any negative impact on these farmers to participate in programs - and that includes (NRCS) programs and also FSA," O'Neill said. "We're also providing technical assistance, helping to come up with the mixtures and the plans on how we're going to do this."
O'Neill says it is the collective hope of the group to come out of this project with ideas on how such a program could be improved, better managed and expanded.
"There's a lot of push for covers," O'Neill pointed out, "and there's no reason why this can't be part of the equation."
To read more or to listen to our complete conversation about his role in this pilot program, click or tap here
to jump to the original article.
|Frank Lucas Gets What He Asked For- USDA Grants 90-day Extension of Emergency Grazing on CRP Land
On Monday the U.S. Department of Agriculture (USDA) granted a 90-day extension of emergency grazing on CRP (Conservation Reserve Program) lands for areas of Oklahoma, Kansas, and Texas affected by recent wildfires.
This comes in response to a letter sent by Congressmen Lucas, Marshall(Kansas), and Thornberry(Texas)
to the USDA asking the agency to extend CRP acre eligibility for farmers and ranchers negatively impacted by the March wildfires.
"I've lived all my life in Northwest Oklahoma, but I have never seen anything of the magnitude of these fires," Congressman Frank Lucas said. "USDA's extension of emergency grazing on CRP acres will no doubt help ease the burden for farmers and ranchers in our part of the country by providing them with additional flexibility while forage is reestablished and fencing is rebuilt. I thank Secretary Perdue for working with us on this critical matter to help support producers impacted by these devastating wildfires."
Read more of this decision from USDA and the letter that laid out the case for the request by clicking or tapping here
We are pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update. On both the state and national levels, full-time staff members serve as a "watchdog" for family agriculture producers, mutual insurance company members and life company members.
Click here to go to their AFR website to learn more about their efforts to serve rural America!
|Improving Your Stockmanship Skills Begins with Breaking Any Old Habits and Keeping an Open Mind
Dr. Ron Gill
of Texas AgriLife is well-known when it comes to teaching cattle handling techniques. I reached out to Dr. Gill to find out some of his advice to help producers get their arms around handling their cattle in a more safe, humane way.
"We have to break some habits and really understand how cattle work," Gill said. "There's some simple things we can change to make it all work a little better."
The most important thing, says Gill, is getting out of the mindset that 'this is the way it's always been done.' He says you have got to be willing to approach cattle handling with an open mind. Gill says it is all a matter of employing more 'effective stockmanship.'
"The main thing I try to get people to change - don't push cattle," he said. "Cattle don't like to be pushed any more than we do. If we can change around and draw cattle to us and allow them to flow to get what we need done, it gets safer and less stressful on the cattle and the people."
Listen to my full exchange with Dr. Gill, for more of his advice on how to improve your stockmanship skills, on yesterday's Beef Buzz - click here
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OSU's Dr. Jayson Lusk released the results from his June 2017 edition of the Food Demand Survey. The ad hoc questions included in this month's survey pertained to consumer's preferences regarding how tomatoes are grown on large versus small operations.
This focus was made in light of new food safety inspection rules being imposed by the Food and Drug Administration, that come into effect in 2018. Lusk used the survey this month to feel out how consumers feel about what these new rules require producers to do. Keep in mind, smaller operations are exempt from these rules under the Food Safety Modernization Act of 2011.
The majority of respondents, about 61%, answered that fruits and vegetables from small producers, which are exempt from the new food safety inspection, have an equal risk of causing a food-borne illness as those that undergo inspection requirements. 26.8% of the respondents though stated there would be a higher risk, while on 12.5% stated there would be a lower risk.
For more highlights from the results of this month's survey, or to peruse the actual report for yourself, click here
By their own admission, the staff at the Cattlemen's Beef Board is on the edge of their seats this week, keeping all eye's trained on the "Beef. It's What's for Dinner." Facebook page.
Each passing moment this week, brings the page closer and closer, tick by tick to the counter reaching a historic 1 Million 'Likes.'
"Facebook is the optimal platform for connecting with consumers as they're seeking new information about family, lifestyle and health," says Janna Stubbs, co-chair of the checkoff's Consumer Trust committee and a beef producer from Alpine, Texas. "Not only is Facebook efficient for our checkoff dollars, but it is also a key platform to reach those audiences who want to know more about beef in a meaningful way."
The Checkoff Facebook page was created as part of targeted digital advertising campaign designed to connect the Beef industry directly with its consumer base, back in 2014. Social media plays a critical role in establishing a relationship with millennial consumers like never before.
To celebrate the milestone, the checkoff worked with beef farmers and ranchers across the country to share a message of gratitude to the Facebook community. The video is posted on the "Beef. It's What's For Dinner." Facebook timeline and can be shared by state affiliates, industry partners and producers.
to read more about this milestone and find out what the folks at the Cattlemen's Beef Board have in store for the future as well.
|This N That- Chile Likes US Wheat, Greg Doud Tapped to Be Chief Ag Negotiator and the Jed Castles Nine Day
We spent some time with a wheat trade team yesterday evening that was hosted on Sunday and Monday by the Oklahoma Wheat Commission- the four wheat millers on the trip represent about two thirds of the Chilean milling capacity- they are very sophisticated buyers who are picky about the wheat they buy- very quality conscious- and fans of US wheat and the group that represents wheat farmers around the world- US Wheat.
Here's the team with three of the Wheat Commissioners of the Oklahoma Wheat Commission after dinner last night at the new OWC headquarters:
The young lady in the pic is Casey Chumrau, who is the Director of Marketing in South America- stationed in Santiago, Chile. We will be working up and posting an interview with Casey later on today- as she talked with us about the team, about Chile and their wheat buying habits and about selling US Wheat into South America in general.
They wrapped up their short time in Oklahoma wondering how they could specify high quality Oklahoma wheat when they buy from the USA.
The White House announced President Trump intends to nominate Greg Doud to be chief agricultural negotiator, with the rank of ambassador, United States Trade Representative.
Doud is the current president of the Commodity Markets Council, where he has served since 2013. Prior to that, he was a senior professional staff member of the Senate Agriculture Committee for Sen. Pat Roberts (R-KS) and Sen. Thad Cochran (R-MS). While working for the Senate Agriculture Committee, Doud assisted in drafting the 2012 Senate farm bill.
Doud also spent eight years as the chief economist for the National Cattlemen's Beef Association. He has also worked for the U.S. Wheat Associates and the World Perspectives firm. Doud was raised on a farm near Mankato, Kansas.
Summer is officially arriving tonight- and the forecast looks like summer from now to the weekend when we could have a repeat of a very mild Sunday for the second week in a row- here is the Jed Castles
of News9 Nine Day Forecast-
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