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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
Friday, September 1, 2017
No Email Report on Monday- See You Tuesday Morning, September 5th!
More Than 450 Oklahoma Farm Bureau Members Tell EPA to Ditch WOTUS - Still Time to Submit Comments
The controversial Waters of the US rule, was finalized back in 2015 by the Obama EPA. Ever since then it has garnered the universal criticism of the rural community, as an abuse of power and significant federal overreach. The rule itself, as it exists today, gives the EPA and the Army Corps of Engineers jurisdiction over just about any terrestrial feature that collects water. The implication to farmers has been a major hindrance.
Once Donald Trump took the Presidency, one of his first orders was for the new EPA administration to repeal the WOTUS rule. Accordingly, EPA Administrator Scott Pruitt put the wheels in motion to do just that. However, the process is far from being done. Currently, the agency is at a standstill, allowing the public a period of time to comment on the rule and how it affects them. These comments will be extremely influential on the repeal of the WOTUS rule and the development of the rule crafted to replace it.
During this comment period, more than 450 Oklahoma Farm Bureau members have submitted their own comments, to ensure their voices are heard. Many members expressed their opposition to the rule because of its potential to inhibit the production of safe and affordable food, according to a statement from OKFB.
Farm Bureau members also believe farmers and ranchers are the greatest stewards of the environment and should be trusted by the government.
"The environment is no more valuable to anyone than to agriculturalists," said Alfalfa County Farm Bureau member Terry Pederson, a farmer and rancher. "It is the basis of the progress, profitability and self-sufficiency of production agriculture."
The comment period, on the repeal of WOTUS, closes September 27th. Farm Bureau urges members to continue to submit their comments while there is still time. You can do so by clicking here,
to access the link or to read more about OKFB's involvement.
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This week on SUNUP - OSU Extension Grain Market Economist Dr. Kim Anderson
reports that Russia's crop this year has come in around 3 to 3.1 billion bushels, dwarfing any of its crops over the last five to ten years, which have averaged about 2 billion bushels.
And, Anderson says the quality of their crop is very good also, with protein levels at around 12.5%, easily meeting export demand. In fact, this is the first year the Russians have sold and delivered wheat to Venezuela - a market typically controlled by the US and Canada.
The US will usually export about 4.4 million bu. to Venezuela but this year, that amount is expected to be cut in half.
In addition, France has also harvested a large, high-quality crop. The US is feeling the pressure of increased competition this year, says Anderson, who notes that the average protein of US wheat this year ranges at about 10.8-10.9% when millers need at least 11.4-11.6%. Total production in the US is down from 2.3 billion bu. to 1.7 billion bu. this year.
To get Anderson's advice on what strategy producers should concentrate on for the next year, read more of his comments or listen to his remarks on an early edition of this week's episode of SUNUP, by clicking here
, and get the rest of the show's lineup for this weekend as well.
According to Susan Allen of DairyMax, a single glass of chocolate milk holds the perfect ratio of carbohydrates to protein, making it a great source of nutrition to replenish what your body loses after a workout or a game of sport. Allen joined me in studio this week to talk about the benefits of chocolate milk and why moms with young athletes in the house should consider offering them this popular beverage as a healthy treat to replenish, rehydrate and rebuild.
"A lot of moms don't realize and would be interested to know that chocolate mild is a great, economical way to help their young athletes," Allen said, explaining the ways in which it helps. "First, athletes need to replenish. Carbohydrates help replenish and give you energy. Chocolate milk has carbohydrates."
In addition, Allen says chocolate milk helps athletes rehydrate after losing sodium and potassium from sweating. It also helps to build and repair muscle, with up to 8g. of high-quality protein in just one glass.
"Throw a glass of chocolate milk to your all-star after a work-out and it will do a lot for their little bodies that are still growing and still trying to meet those physical demands of athletics."
For more information on how chocolate milk can be added to your work-out regimen, refer to the DairyMax website
for additional resource materials.
Allen will join me for our weekly In the Field segment on KWTV News9 in the Oklahoma City area on Saturday morning at 6:40 a.m. In the meantime, though, you can listen to our complete conversation, by clicking here
|Checkoff Dollars Fund Research Programs That Drive Innovation in the Industry and the Marketplace
As a producer, when you pay your dollar a head into the Beef Checkoff program, your money goes towards financing the Checkoff's various programs based in education, promotion and research. I recently interviewed Cattlemen's Beef Board CEO Polly Ruhland
, who insists a lot is going on in the world of research right now.
"We continue to work on sustainability research," she said. "It's an ongoing project because we still want to make significant progress in the sustainability of our product and we know sustainability is important to consumers."
In addition, Ruhland says the Checkoff has also commissioned ongoing projects such as a beef demand determinant study and a return on investment study scheduled for next year, to help producers understand what they get for their money, that is earmarked for Checkoff programs. But most exciting, says Ruhland, is the new product and innovation research being conducted - although the results of this research sometimes flies under the radar of the general public. It is nonetheless extremely important to the industry and the consumer, continuously looking for new ways to utilize and consume beef products.
"A lot of times it won't be as splashy as the Flat Iron, for example, because the new things we're working on are in tandem with our partners at food service and retail," Ruhland explained. "Sometimes the new product development roll-out efforts that the Checkoff does, may look like it's coming directly from a food service outlet, but actually it's coming from a partnership with our Checkoff dollars."
Listen to Ruhland and I discuss the ongoing research being conducted and funded by the Beef Checkoff, to help producers market their product, on yesterday's Beef Buzz - click here
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2017 Oklahoma City Farm Show.
Up next will be the Tulsa Farm Show in December 2017- the dates are December 7th, 8th and 9th. Now is the ideal time to contact Ron Bormaster at 507-437-7969 and book space at the 2017 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
The Texas Farm Bureau's Agriculture Research and Education Foundation has established a relief fund to aid in the recovery efforts following the unprecedented rainfall and devastation inflicted by Hurricane Harvey.
Significant damage has been done to the cotton crop of South Texas, that was expected to produce up to two million bales - now estimates say the crop could only salvage about 400,000 bales. Many ranchers were also caught off guard by the category four storm. The area declared as a disaster by Gov. Greg Abbott contains about 1.2 million cattle, which is roughly 27 percent of the state's cowherd.
"It's a historic storm and a disaster for many farmers and ranchers. The torrential rainfall wreaked havoc on Texas agriculture at the worst possible time-harvest season," Texas Farm Bureau President Russell Boening said. "Hurricane Harvey struck an area of the state known for cattle, cotton and rice, and other row crops."
Harvey was the strongest storm to hit the U.S. since 2004, dropping several feet of rain.
Tax-deductible donations can be made to the foundation to assist farmers and ranchers. Donations to this fund will be dispersed via an application process directly to the farmers and ranchers affected by the hurricane.
Applications for assistance will be posted on the Texas Farm Bureau website at a later date.
Click here to learn more about the relief efforts of the Texas Farm Bureau for the rural victims of Hurricane Harvey.
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In comments submitted today to the U.S. Environmental Protection Agency, the National Corn Growers Association asked the Agency to maintain the proposed amount of conventional ethanol blended into the nation's gas supply for 2018, and to raise the amount of cellulosic, advanced, and total biofuels.
"In the 10 years since Congress expanded the RFS in 2007, corn farmers have responded to the growing market for ethanol, increasing production efficiency to help meet the RFS goal of moving the United States toward greater energy independence and security, boosting production of clean, renewable fuels and protecting consumers," wrote NGCA President Wesley Spurlock in a letter to EPA Administrator Scott Pruitt. "We ask EPA to maintain the proposed conventional fuel requirement in the final rule. We also ask EPA to take a more forward-looking approach with stronger final volumes for cellulosic, advanced and total biofuels in order to draw the continued investment and innovation needed to support the ongoing expansion of cellulosic and advanced fuel production."
The RFS volume standard, by the decision of Congress, is currently set at 15 billion gallons. Over the last four years, though, the EPA has proposed conventional ethanol volumes below statute-which has negatively impacted investment in the renewable fuels industry.
And despite a recent Supreme Court ruling that favored NCGA's claim that the EPA erred in its interpretation of the RFS standard, the agency's volume proposal for next year was still short of expectations.
EPA has proposed a 73 million gallon reduction in cellulosic fuel volume and a 40 million gallon reduction in total renewable fuel volume for next year, compared with 2017.
NCGA says this proposal, "takes implementation of the RFS law backward."
|In Case You Missed It-National Livestock Companies Collecting Cash for AABB Work in Houston
We mentioned this yesterday- but one more reminder as we head into the Labor Day Weekend- National Livestock Companies headed by our friend Robert York are helping the All American Beef Battalion in their latest plan to help folks who need it- cooking thousands of beef patties up for relief workers and families in need in the Houston area as search and rescue and recovery efforts continue in the aftermath of what is truly a historic storm that blasted and flooded the region- Hurricane/Tropical Storm Harvey.
Many of you have helped in the past with the AABB- you know how they roll out and have fed steak dinners for troops returning home from deployment.
This is a slightly different mission for them- but they are up to the challenge and you can stand with them by making a monetary contribution to help with the expenses of going to southeast Texas and feeding folks who can use the protein!
Call National Livestock Credit at 800-310-0220 to help.
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