|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 2,148 cattle on their showlist for today's sale of finished cattle-the sale starts at 10 AM this morning- click here for more details.
OKC West in El Reno reported Steer and Heifer Calf Prices were $5 to $10 lower on Tuesday compared to a week ago- click here for the full report from the Tuesday Calf Sale.
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 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
Welcome to the first full day of Summer!
Your Update from Ron Hays of RON
Wednesday, June 21, 2017
The political overseers of agriculture from the US, Canada and Mexico gathered in Savannah, Georgia yesterday to discuss trade relations and related issues between the three nations ahead of the US led talks of renegotiating the North American Free Trade Agreement.
US Secretary of Agriculture Sonny Perdue took advantage of this first trilateral meeting of the top ag leaders including Canadian Minister of Agriculture and Agri-Food Lawrence MacAulay and Mexican Secretary of Agriculture, Livestock, Rural Development, Fisheries and Food Jose Calzada, to show off his home state to his foreign counterparts, with a visit to a working farm as well as a stop at the Georgia Ports Authority.
After the meetings concluded, the three commissioners released a joint statement reaffirming their stance on cooperation and free trade among the North American powers.
"Our three nations are connected not only geographically, but through our deeply integrated agricultural markets. Our trading relationship is vital to the economies - and the people - of our respective countries," the statement reads. "We share a commitment to keeping our markets open and transparent so that trade can continue to grow. That mutual commitment was reaffirmed in our discussions this week."
Amid the Trump administration's insistence that the NAFTA treaty be renegotiated, the statement assured that even the best trading partnerships face challenges from time to time, and said that the "agricultural differences are relatively few" between the NAFTA partners. Still, they exist and Bloomberg speculates that issues of trade concerning Canadian dairy and Mexican sugar were most likely at the top of Perdue's list during yesterday's discussions.
Nonetheless, the talks seem to have gone well and hopefully situated future NAFTA talks with the best foot forward.
"Our visit to Georgia fostered the mutual understanding and personal relationships that will help North American agriculture thrive, improve our regional partnership and collaboration, and strengthen our trading relationship," the statement concluded.
Click or tap here
to read the full statement jointly released by the respective offices of Perdue, and his counterparts MacAulay and Calzada.
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.
|Gregg Doud, President Trump's Pick for Chief Ag Trade Rep Gets the Ag Industry's Nod of Approval
Gregg Doud, president of the Commodity Markets Council and former Senate Agriculture Committee aide, was named this week as President Trump's nominee to succeed Darci Vetter, from the Obama administration, as the new Chief Agricultural Negotiator for the US Trade Representative's Office.
Doud is well known throughout the ag community as a knowledgeable and capable economist, who once worked
at the National Cattlemen's Beef Association for the better part of a decade. Several commodity associations voiced their support for Doud's nomination this week, putting faith in him as the man that will hopefully find more markets in which to sell US agricultural goods for the collective effort to revitalize the US ag economy.
"Doud is a farm policy veteran with a wealth of experience and a solid understanding of the vital role trade plays in the U.S. agriculture economy," ASA Vice President John Heisdorffer
said. Click here
to read his full remarks.
"CropLife America supports the nomination of Gregg Doud as chief agricultural negotiator," stated Jay Vroom, president and CEO of CLA.
"Gregg's prior experience in agriculture coupled with his knowledge of trade will play a vital role within the USTR. The importance of international trade to American farmers and ranchers cannot be overstated, and we look forward to working with Gregg to continually move U.S. agriculture forward to the benefit of growers, consumers and the U.S. economy." Click here
for CLA's full statement on Doud's nomination.
"Trade is a top priority for U.S. wheat farmers and this nomination is welcome news to America's wheat farmers," stated National Association of Wheat Growers CEO Chandler Goule.
"With the Administration currently working on renegotiating the North American Free Trade Agreement (NAFTA) and our desire to see the Administration move aggressively to expand our markets abroad, we encourage the U.S. Senate to quickly confirm Doud as chief agricultural negotiator." To read NAWG's complete release, click or tap here.
|Has It Peaked? Glynn Tonsor Explains What's Been Driving Up Boxed Beef's Choice/Select Spread
In the beef industry, wholesale boxed beef prices are used to gain insight into consumer demand. In recent days, Choice beef prices have climbed up above $2.50/lb. - very strong demand indeed compared to year-ago prices. But with the Choice/Select spread backing off the $30/cwt where it was earlier this week, now hovering at approximately $27.53 as of Tuesday at midday, Extension Livestock Market Economist Dr. Glynn Tonsor
tells me that this price swing may have peaked out for the year.
"That's a very wide Choice/Select spread," Tonsor remarked. "It's very common that from roughly February, early March, we increase the Choice/Select spread until about this time of year. Usually sometime in June is when that spread peaks."
And Tonsor says we are right on track for that to happen now. In fact, last year's spread peaked this very same week. The important thing to look at though, says Tonsor, is that a high spread is an indication, or a demand signal, for quality. By breaking it down into primal cuts, he says you get a clearer picture of which specific cuts are actually driving the market - instead of looking at the carcass as a whole.
"What I want to call our attention to is trends versus last week, and more importantly, last year on those primals," he said, pointing out that the total cutout is up 13%, while rib cutout is up 19% and conversely the loin, down 2% - all the other cutouts are up atleast 17%. "Loin sticks out like a sore thumb; a bit of a drag if you will, on that total carcass. So, Choice/Select spread is good on the balance but it's being driven by parts of the carcass - not all of the carcass."
Listen to Dr. Tonsor and I discuss the Choice/Select spread topping-out, and what has really been behind the wheel that's been driving it up, on yesterday's Beef Buzz - click here
The United States District Court for the Eastern District of Washington Monday, lodged against the U.S. Department of Agriculture, a lawsuit at the request of independent cattle industry association, R-CALF, and the Cattle Producers of Washington (CPoW).
The suit claims that the USDA allegedly allows beef and pork to be classified as "domestic products," even when those meat products are imported from other countries. The plaintiffs argue this action confuses consumers and harms American farmers.
The lawsuit, filed on behalf of the plaintiffs by Public Justice and the Terrell Marshall Law Group, cites the Meat Inspection Act, which requires that the more than 800 million pounds of beef born, raised and slaughtered annually in other countries and then imported to the United States should include labeling indicating the meat's country of origin. They accuse the USDA of violating these regulations.
"Consumers understandably want to know where their food comes from, and proper labeling would not only allow consumers to make informed choices at the market, but would also be a boon for American farmers," said David Muraskin, a Food Safety and Health Attorney at Public Justice. "With this suit, we're fighting policies that put multinational corporations ahead of domestic producers and shroud the origins of our food supply in secrecy."
Scott Nielson, president of CPoW, echoed that sentiment: "Cattle Producers of Washington proudly raise a safe wholesome product under the rules and regulations required by our lawmakers. We should not be forced to compete with beef from other countries that do not have the same health and safety standards without the ability to allow the American consumer to make an informed decision about what they are feeding their families."
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.
Casey Chumrau began her career with the US Wheat Associates six years ago in their Washington, DC office. In 2015, she moved to Santiago, Chile where today she works as the marketing manager for South America, covering six countries there, including Chile, Ecuador, Peru, Bolivia, Brazil and Columbia. When it comes to Chile, though, Chumrau says their buying needs are tremendous.
"They are an enormous bread consumer," she said. "They are the third largest bread consumer per capita in the world."
This week, Chumrau is leading a group of Chilean millers and wheat buyers around the Southern Plains, allowing them the opportunity to tour farms and grain companies around our nation's breadbasket, speaking with local producers and industry leaders along the way. Earlier this week, the Oklahoma Wheat Commission hosted the group for dinner, where I had the chance to speak with Chumrau about her work with the Chileans.
On average, Chumrau says Chileans consume about 95 kilos of bread per person. Most of Chile's flour purchases are used to make bread, but she says they have robust pasta production as well. Additionally, the cracker and cookie segment is picking up pace as well.
"Principally, they are an all-purpose bread flour wheat consumer," she said. "So, that would be a HRW from the United States, but they also, of course, do blend. They're a very sophisticated, very mature market."
Hosting trade groups have become an integral part to maintaining international relationships with our foreign wheat buyers, who know exactly what they're looking for. Chumrau says by hosting these trade teams, we build confidence in our trading partners about the product we sell, the systems we have in place and the people behind them.
You can read more about the Chilean trade team's visit this week, or listen to Casey and I's entire conversation, simply by clicking or tapping here
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In this week's Cow/Calf Corner newsletter, Glenn Selk dedicates his article to reviewing some of the basic rules of population genetics and describes how they can ultimately affect the management decisions you make for your herd.
"Iowa State University scientists studied records of 3144 heifers from 6 herds in 5 states. In the Iowa State study, the heritability of "pregnancy rate" was .13," writes Selk.
Selk breaks some of the reproduction terms down for us, defining "pregnancy rate" as the percentage of the heifers exposed to artificial or natural breeding that were diagnosed pregnant after their first entire breeding season.
"First service conception rate" is the likelihood that the heifer became pregnant on the first attempt to breed her.
And finally, "Heritability" is that portion of the difference in the performance of cattle that is due to genetics.
He says a heifer's environment can be calculated into a heifer's probable chances of becoming pregnant as well.
"The heritability of "first service conception rate" was even lower at .03. This implies that 97% of the differences in the "first service conception rate" are due to the management environment in which the heifers were raised," he explains. "These low heritability estimates suggest that only slow progress could be made by selecting sires and dams that produced heifers with greater pregnancy rates. This data also reminds us that management is still the key to successful pregnancy rates in replacement heifers."
Take a look at Selk's complete review of the study done at Iowa State, testing the heritable qualities of reproductive traits in replacement heifers, by clicking over to our website
|Arkansas Farmers Suing Monsanto, BASF over Dicamba
A group of Arkansas farmers are suing Monsanto and BASF over dicamba-based herbicide spray drift that kill neighboring crops not tolerant to dicamba. The lawsuit comes as Arkansas's Plant Board voted Tuesday to limit Dicamba applications of Engenia herbicide to hooded sprayers only with a one-mile downwind buffer. Enginia is the only dicamba-based herbicide that can be used in Arkansas after April 15th.
The lawsuit filed last week claims Monsanto and BASF implemented and controlled the dicamba crop system, releasing seed technology without a corresponding, safe, and approved herbicide. The farmers allege that Monsanto and BASF sold the dicamba crop system while knowing it could wipe out crops, fruits and trees that are not dicamba tolerant. The farmers claim that those who do not plant dicamba tolerant crops are left with no protection from the herbicide.
Arkansas is investigating 135(and growing) dicamba drift complaints this year. They have established a website on the state's response to the problem- click here
for the Dicamba website of the Arkansas Agriculture Department.
|Tyson Going High Tech and Third Party in Animal Well Being Initiative
The nation's largest meat producer says it has installed video cameras in key areas of all its poultry processing operations and will seek a new way to slaughter birds.
Tyson Foods says it views itself as a steward for millions of birds and that it isn't reacting to the bad publicity that comes when undercover videos show abuses in agriculture. In recent years, animal rights groups have shown some workers with a number of companies treating animals roughly before they are slaughtered.
Tyson says a third party will review videos remotely, concentrating on areas where workers handle live animals. Tyson has also hired nearly five dozen "animal well-being" specialists to circulate among its growers.
The company also says it will explore killing birds with carbon dioxide gas rather than through traditional means.Click here to jump over to the Tyson website to see what they are saying about animal well and being and how they are positioning their poultry supply chain to do the right thing.
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