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Let's Check the Markets!
OKC West is our Market Links Sponsor- they sell cattle three days a week- Cows on Mondays, Stockers on Tuesday and Feeders on Wednesday- Call 405-262-8800 to learn more.
FedCattleExchange.com has a total of 2,655 cattle on their showlist for the Wednesday, July 12th sale of finished cattle- details will be available after noon today by clicking here.
It's Day TWO of the Week in the Rockies Sale for Superior Livestock- click here for their information page- they start at 9 AM Central time.
Oklahoma National Stockyards held their regular Monday feeder and stocker auction on Monday- 5500 was the estimated number of cattle being sold- and yearlings were Steady to $2 lower- full details 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, July 11, 2017
Latest USDA Crop Progress Report Shows Drop in Good - Excellent Ratings for Major Midwest Crops
In the latest crop progress report released Monday, July 10, 2017, the United States Department of Agriculture rated the US corn condition is rated 65 percent good to excellent down 3 points from last week, 25 percent fair up 1 point from a week ago and 10 percent poor to very poor up 2 points from the previous week. The US soybean crop condition at 62 percent good to excellent down 2 points from the previous week, 27 percent fair unchanged from last week and 11 poor to very poor up 2 points from a week ago. For the complete USDA Crop Progress report, click here
According to the weekly crop progress report from USDA, Oklahoma
canola harvested reached 93 percent, down 5 points from normal. Corn silk reached 38 percent, down 11 points from normal. Soybeans planted reached 91 percent, unchanged from normal. Soybeans emerged reached 82 percent, unchanged from normal. Soybeans blooming reached 3 percent, down 4 points from normal. Cotton squaring reached 45 percent, up 17 points from the previous year and up 13 points from normal. To view the complete Oklahoma Crop Progress and Condition Report, click here
, corn condition rated 1 percent very poor, 7 poor, 31 fair, 51 good, and 10 excellent. Corn silking was 36 percent, behind 45 last year and 42 average. Soybean condition rated 1 percent very poor, 4 poor, 31 fair, 59 good, and 5 excellent. Soybeans blooming was 27 percent, ahead of 18 last year and 19 average. Setting pods was 3 percent, near 1 both last year and average. To view the complete Kansas Crop Progress and Condition Report, click here
, the 2017 wheat harvest has neared completion throughout the state. Field work in areas of the Blacklands and Northeast Texas has slowed due to heavy rainfall received this past week. Corn condition rates 67 percent good to excellent, 27 fair and 6 percent poor to very poor. Currently, 15 percent of the Texas corn crop is mature. Texas soybeans blooming have reached 60 percent, while setting pods is rated at on 15. Cotton squaring is now 55 percent complete, ahead of the previous year by 14 and 7 the average. Cotton's condition in Texas is currently 51 percent good to excellent improved, 32 fair, and 17 poor to very poor. To view the complete Texas Crop Progress and Condition Report, click here
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|Genomic Research Becoming an Important Driver of Profitability Across the Beef Value Chain
Animal Scientist Dr. Bob Weaber
, took part in recent educational seminars hosted by the Beef Improvement Federation, at which, all things genomics were discussed in depth. Dr. Weaber says one concept discussed that was especially interesting was the idea of stretching ourselves in the beef industry, when it comes to research on how to effectively use genomics.
"The power of genomics has really helped us I think, in the beef research sector, to start to explore some traits that are difficult or really expensive to measure but we know are important in the beef value chain from a profitability standpoint," Weaber said. "Things like new predictions of cow longevity, or disease resistance, adaptation to weather patterns, tolerating toxic substance challenges..."
All of which Weaber says will truly benefit the beef industry in the long-run. By deciphering the differences in phenotypic performance for each of those particular trait cases, he suggests, the genomic information can then be leveraged to help spread that information across the breeding population. Essentially, he says the research could help us to better understand, how to make money using the new technology now at hand.
Listen to Dr. Weaber discuss how genomic research is becoming an important driver of profitability in the beef value chain, on yesterday's Beef Buzz - click here.
After receiving hundreds of complaints regarding the misuse of dicamba, the Agriculture Departments of both Missouri and Arkansas have enacted a temporary stay on the selling and use of the herbicide.
Dicamba has been used for decades on millions of acres to treat fields of dicamba resistant soybeans and cotton varieties.
However, there has been extensive debate over the last several weeks as a growing problem of damage to neighboring crops, attributed to dicamba drift continues.
While these bans will only remain in effect on a temporary basis, farm advocate organization CropLife America insists that this decision by the states in question was made in haste.
"Although we understand the concerns raised by growers in Missouri and Arkansas, we encourage both states to wait until they have thoroughly investigated all of the claims before they make policy decisions to temporarily prohibit the use and sale of dicamba. It is important to understand the need for this weed-control technology and we cannot stress enough how vital it is to use this, and all crop protection tools according to label, while employing good stewardship practices," said Jay Vroom, president and CEO of CropLife America. "Millions of acres have been treated using weed control trait/herbicide systems successfully without problem, which is an important factor to consider when making policy decisions."
"It would be unfortunate to remove such a vital tool from farmers' use without having all of the information to support that decision. Though most farmers practice good stewardship and regulatory compliance, it is clear that the action of a few is threatening the sound practices of many," Vroom continued.
In his latest article for the weekly Cow/Calf Corner newsletter, Dr. Derrell Peel, extension livestock market economist at Oklahoma State University, takes a look at how a changing global politico-economical landscape is impacting international markets - and increasing the role in which international trade is playing on the success of the US beef industry.
"There is a growing recognition that international beef trade will play an increasingly important role in the U.S. beef industry in the coming years," Peel writes. "Within the dynamics of global beef trade it is important to understand changes and trends in U.S. beef trade. The quantity of U.S. beef imports and exports has varied considerably over time and so has the shares of trade among major countries that trade beef with the U.S. Some of these changes are related to specific events, such as the occurrence of Bovine Spongiform Encephalopathy in 2003, political changes or currency exchange rate impacts. Some, however, are just evolution of markets over time due to changes in production and/or demand in the U.S. and other countries."
Peel goes on to explain some of the trending dynamics being observed in today's marketplace. One of the most obvious, he says, is Mexico's trading relationship with the US.
"The clearest and most pronounced trend in U.S. beef imports in the growing role of Mexico as a source of beef imports. In May, beef imports from Mexico were up 27.4 percent year over year and are up 29.7 percent for the year to date," writes Peel. "Mexico, which accounted for less than 2 percent of beef imports a decade ago, increased to account for over 16 percent of U.S. beef imports in 2016 and represents 20 percent of beef imports so far in 2017."
To find out how the US is fits into the global beef market, click or tap here
to read Dr. Peel's complete analysis from this week's Cow/Calf Corner newsletter.
The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website
. For more information- call 405-235-4391.
Federation of State Beef Councils Chairman Jerry Effertz, is a third-generation cattle producer who with his wife, Norma, operates Black Butte Acres Limousin Ranch, raising seedstock cattle and backgrounding feeder calves near Velva, N.D. Effertz recently penned the following op-ed, describing the Beef Checkoff's promotional efforts and investment in the industry, even when times are tough.
"It hasn't been smooth sailing for the beef cattle industry over the past year. For its part, the cattle market has certainly been aggravating. As a beef producer I know the limitations of what any of us at the ranch level can do individually to fully control profitability and assure that the bottom line has more black ink on it than red.
"Our industry organizations must not only be aware of those limitations, but be on the lookout for ways that damaging outside influences can be mitigated. Recently the Federation of State Beef Councils did just that, dipping into its reserve funds to support national and international promotion programs that would help increase demand for beef.
"The Federation allocated more than $1.2 million from its reserve funds over the last nine months for this effort. These dollars come from state beef council boards who voluntarily remit part of their half of the $1-per-head beef checkoff to be used at the national and international levels. State board members recognize that beef production states without large population centers benefit from spending their checkoff dollars where most beef consumers live.
To continue reading Effertz letter to his fellow producers about the Checkoff's investment in the beef industry, click or tap here
to view the entire article on our website.
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|Producers Invited to Attend the Oklahoma Wheat Growers' Association Convention Aug. 3, 2017 - Register NOW!
The Oklahoma Wheat Growers' Association announced this week the date for the organization's annual convention - which will be held August 3, 2017 at the Redlands Community College Conference Center in El Reno, Okla.
The convention will begin at 8:30 that day and will feature guest speakers from Oklahoma's Wheat Improvement Team as well as several experts from OSU Extension, including Dr. Brett Carver, Dr. Dave Marburger, Dr. Bob Hunger and Dr. Brian Arnall, aside from several others.
This year's conference will focus on the latest technologies and strategies available for growers to implement on their operations in order to increase production and profitability during declines in the commodity markets.
There is no charge for current members to attend, although, non-members will be charged $50 for admission, which will also cover their membership for the coming year. All growers in Oklahoma are encouraged to attend as OWGA represents the interest of all wheat producers. Early registration closes July 26th and is encouraged.
For more information on the convention or to find out how to register, check out the full story by clicking here
|This N That- AFR Women Help Young Harper County Family and Jeff Jaronek Stepping Away from OCA
AFR Women are hosting the digital equivalent of a house warming for a Harper County Couple wiped out by the early March fires that killed cattle, burned hundreds of thousands of acres of ranchland and destroyed miles and miles of fence.
The fire also claimed the home of Jacob Vandorn
and his fiance Caitlin- and they lost the house and everything in it.
"As a woman and a mother, I thought about the people who lost their houses and wanted to do something for them," Pam Livingston
, AFR Women's Cooperative NW Representative, said. "We want this to be an old fashioned housewarming using a new technology."
They need everything from pots and pans to towels, typically the same things a newlywed couple would need to start a new life together.
To learn how you can help- click or tap here
for the complete story and links to get involved.
shared these words with the members of the Oklahoma Cattlemen's Association in their weekly electronic newsletter:
"It is with both happiness and regret I share with OCA members that OCA staff member Jeff Jaronek will be leaving OCA to accept a position with Farm Credit of Western Oklahoma in their Clinton office. While this is a great move personally for Jeff and his family and I could not be more happy for him and them, he will be sorely missed at OCA.
"Jeff's tenure at OCA has been filled with success. His leadership in Beef Tent, Membership, Lobbying, Trade Show and the Foundation, just to name a few areas have been outstanding. In particular, his work with the Foundation has been exceptional with the establishment of multiple primary fundraisers and many new scholarships. Jeff's work this past year with the wildfire relief efforts have been huge certainly for the organization, but most importantly to the folks in Northwest Oklahoma who have been assisted and supported. Truly, OCA and OCF are both much better organizations because of Jeff."
Michael says Jeff will be with the organization thru the end of the month.
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