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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 542 cattle on their showlist for the OK, TX, NM region for the Wednesday, September 20th sale of finished cattle- details will be available after noon today by clicking here.
Oklahoma National sold yearlings on Monday Steady to $1 Higher- 7,000 was their total estimate sale number- click here for details.
Joplin reported yearling steers steady to $3 higher- heifers steady on Monday- click here for their 9/18 report
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, September 19, 2017
In the latest crop progress report released Monday, The US Corn Crop is behind the five year average on maturity, denting and harvest- for example, Illinois is fully twenty points behind
the five year average on maturity at 39% maturity this week versus 59% as the average. Iowa is fifteen points behind
the average and the national corn maturity number is 34% versus the five year average of 47%. For all the USDA Crop Progress numbers, click here
We have an audio report
that we have posted on social media this morning that you may want to check out- we take about five minutes and highlight a lot of the key numbers from the Crop Progress Report- Corn, Soybeans, Cotton, Sorghum, Peanuts, Wheat and Pasture Ratings- the pasture ratings to me are always full of great insights as to where various parts of the country are standing when it comes to rainfall and drought- click or tap here for our Spreaker report
on the Crop Progress numbers for this week.
According to the weekly crop progress report from USDA, Oklahoma
winter wheat planted reached 11 percent, down 5 points from the previous year and down 1 points from normal. Corn mature reached 65 percent, down 11 points from normal. Corn harvested reached 31 percent, down 3 points from normal. Sorghum mature reached 46 percent, down 1 points from normal. Sorghum harvested reached 17 percent, down 3 points from normal. Cotton bolls opening reached 44 percent, up 8 points from the previous year but unchanged from normal. To view the complete Oklahoma Crop Progress and Condition Report,click here.
winter wheat planted was 7 percent, near 8 for both last year and the five-year average. Corn condition rated 5 percent very poor, 12 poor, 28 fair, 43 good, and 12 excellent. Sorghum condition rated 2 percent very poor, 7 poor, 32 fair, 49 good, and 10 excellent. Cotton condition rated 0 percent very poor, 3 poor, 32 fair, 56 good, and 9 excellent. Pasture and range conditions rated 4 percent very poor, 12 poor, 39 fair, 42 good, and 3 excellent. To view the complete Kansas Crop Progress and Condition Report, click here
, winter wheat seeding continued in the Plains, while producers in some areas are waiting for higher soil moisture to start seeding the fields. Winter wheat planted is rated this week at 14 percent complete, compared to 13 last year and equal to the average. Corn's condition in Texas has remained unchanged since last week, still rated at 79 percent good to excellent, 18 fair, and 3 poor to very poor. Cotton's condition in Texas is up from last week currently at 58 percent good to excellent, 28 fair, and 14 poor to very poor. Sorghum condition in the state has remained unchanged since last week still rated 78 percent good to excellent, 18 percent fair and 4 percent poor to very poor. To view the complete Texas Crop Progress and Condition Report, click here
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.
|The Science of Sustainability - World Wildlife Fund's Jason Clay Speaks on Responsible Production
As part of Kansas State University's Henry C. Gardiner Global Food Systems lecture series, the World Wildlife Fund's Jason Clay
, senior vice-president for markets and food, spoke recently on food production sustainability. During a Q&A session after his presentation, Clay was asked about grass fed cattle versus feedlots. He answered with what the current science is telling us.
"We're actually interested in what are the most efficient ways to produce food - that means looking at what the science is on this," he said. "To date, the data suggests that grass fed beef has high greenhouse gas emissions and that long term, confined animal feeding has other types of greenhouse gas emissions and that somewhere in between is probably the best option."
Clay admits, the issue is very complicated and that "reasonable people will disagree." Again, he insisted that science should be the guide to our thinking. But, on the sidelines after his presentation talking with reporters, Clay accused agricultural sprawl as the biggest threat to biodiversity and his organization's efforts to protect nature. He asserted that the availability of modern agricultural technology is integral to achieving a balance between sustainability and feeding a growing world population.
"So, extensive use of landscapes to produce food rather than intensive production of crops and livestock systems...," Clay said. "We've got to figure out how to do that sustainably if we're going to have nature left for our children and our grandchildren."
Listen to Jason Clay of the World Wildlife Fund further explain his position on feeding cattle and its effects on the environment, with me, on yesterday's Beef Buzz - click here
In late August of this year, Polly Ruhland, the current chief executive officer of the Cattlemen's Beef Promotion and Research Board, tendered her resignation with the announcement that she was leaving to accept the CEO role at the United Soybean Board.
On Monday, the CBB announced it would begin the search for a new CEO to replace Ruhland.
The announcement released by the CBB, describes the vacancy's role as managing all administrative and organizational affairs of CBB, under the direction of the board.
"The successful candidate will lead CBB operations, manage organizational strategy, financial and legal matters, and communications, as well as CBB's relationships with the United States Department of Agriculture and beef community stakeholders," it reads.
The CEO is one of nine employees that makes up the operational staff of the CBB. Upon Ruhland's resignation, the CBB Executive Committee subsequently tapped Chief Financial Officer Katherine Ayers
as interim CEO, effective beginning Nov. 1, 2017.
You can learn more about the CBB's search for new CEO candidates, by clicking here.
A delegation of American Farmers & Ranchers leadership, led by AFR President Terry Detrick, made a trip to Washington, D.C. last week, to lobby Congressional members on important ag related policy issues over the course of four full days.
Hurricane disaster relief funds, federal trucking regulations and the farm bill were among the major topics discussed during their visit with legislators, but particular emphasis was made regarding the prevention of budget cuts to agricultural programs.
"If every agency in Washington was as efficient and cost conscious as the USDA, then we would not have a big budget deficiency today," Detrick said.
The delegation expressed specific concerns that hurricane relief funding might detract from general farm program appropriations. However, the delegation was repeatedly assured this would not be the case. Agriculture Secretary Sonny Perdue, personally gave his word to that effect as well.
The AFR leaders heard similar remarks in meetings with the Oklahoma congressional delegation.
Oklahoma's Fourth District Congressman Tom Cole, said although that has been a concern in the past, he did not think disaster relief funds would take money from current programs.
The delegation also took time to speak with Sen. Jim Inhofe, a member of the Senate Committee on Commerce, Science and Transportation, about concerns regarding new trucking regulations that will require all trucks to use an electronic logging system to track schedules, replacing the current paper logs.
"What they're doing is forcing every trucker onto the same schedule," said Randy Gilbert, who owns a trucking company and has a cattle ranch near Tecumseh. "The government needs to understand everyone doesn't operate on the same sleep and rest schedule. This is being done in the name of safety but it could have the opposite effect as it will force drivers to work when they probably shouldn't."
Sen. Inhofe insisted he would look into the matter and fix it accordingly. Detrick praised Inhofe. along with Oklahoma's other lawmakers in Washington for their understanding and committed support to the agriculture industry.
"The Oklahoma Congressional delegation is on the same page with agriculture interests," Detrick said. "My hat's off to our Oklahoma delegation as they are very much in tune with our needs."
to find out more about AFR's trip to Washington, D.C. to speak face-to-face with Congressional members and government officials on behalf of their members.
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In his article in this week's Cow/Calf Corner newsletter, OSU Extension Livestock Market Economist Dr. Derrell Peel explains how producers can improve their cattle marketing efforts and evaluate their feeder cattle production alternatives by understanding the basic principles of feeder cattle price slides.
He begins by defining what he refers to as a price slide, explaining how the price one can expect to be paid from one feeder calf to the next can be determined on a sliding scale
depending on the calves' weights.
Beyond this, though, Peel explains a few of the ways in which producers may find a working knowledge of price slides useful in managing their herds.
"Price slides have a number of uses, the most common of which is adjusting the price of forward contracted cattle if actual weight is different from the specified base weight. Price slides are also useful for producers to evaluate price changes for the weight gain of calves in a preconditioning or short backgrounding program or perhaps the additional weight from creep feeding calves," he writes.
And while one must take into account a variety of factors that may affect the outcome when figuring price slides, Peek says in general - they are most of the fairly constant when you look at light and heavy weight cattle. For mid-weight cattle, price slides become more varied.
Once a producer has mastered calculating the necessary equations, though, Peel insists the producer will be able to utilize it as a tool to help fine tune the marketing strategy and business plan for any operation.
To read more about Peel's insights into harnessing price slides in the feeder markets, click or tap here.
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For the fifth consecutive year, farmers have reported increased yields of corn, soybeans and wheat, and improved control of herbicide-resistant weeds, thanks to cover crop systems.
In a recent nationwide survey, these accounts were cataloged in addition to showing acreage planted in cover crops has nearly doubled over the past five years, as well.
Survey participants-88 percent of whom use cover crops-reported that after cover crops:
- Corn yields increased an average of 2.3 bushels per acre, or 1.3 percent;
- Soybean yields increased 2.1 bushels per acre, or 3.8 percent;
- Wheat yields increased 1.9 bushels per acre, or 2.8 percent.
Regarding weed control, 69 percent of respondents said cover crops always or sometimes improved control of herbicide-resistant weeds. That is a significant number, as a majority of respondents-59 percent-reported having herbicide-resistant weeds in at least some of their fields.
Other benefits were also reported by farmers using cover crops. Some of those reports include the improvement of soil health.
According to one of the survey administrators, this aspect alone is a significant motivator for farmers to implement cover crop systems on their land. The survey has apparently revealed that enthusiasm for cover crops and the long term benefits they yield for farmers is growing. And for those farmers still holding out, the survey shows there is an expanding interest in growing cover crops - but more information and teaching will likely be needed to convince hesitant farmers to try out their own system.
"The feedback we're hearing through the survey will help guide the research and extension agenda to gather and share the information farmers need in order to adopt and succeed with cover crops," said Chad Watts
, Executive Director of the polling company that conducted the survey.
Learn more about the survey and review a complete summary of the latest polling results on our website, by clicking or tapping here.
|This AM- Senate Ag Committee Vets Stephen Censky to be Deputy Secretary of Ag and Ted McKinney to be Under Secretary for Trade and Foreign Affairs
The Senate Agriculture Committee will hold a hearing on nominees to the Department of Agriculture this morning- starting at 8:30 AM Central Time. Committee leaders, Chairman Pat Roberts, and ranking minority member Debbie Stabenow announced plans to hold the hearing for Ted McKinney and Stephen Censky on this Tuesday.
Censky, CEO of the American Soybean Association, was nominated by President Trump to serve as Deputy Secretary of Agriculture. McKinney, Indiana Agriculture Director, was nominated to be the Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs.
Hearings for other nominees to top USDA posts, Including Iowa Secretary of Agriculture Bill Northey as the Undersecretary for Farm Production and Conservation, Nebraska Department of Agriculture Director Greg Ibach as Undersecretary of Agriculture for Marketing and Regulatory Programs, and Stephen Vaden as USDA's general counsel, remain to be scheduled.
Click or tap here
for the webpage where the video of the hearing will be available later this morning.
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.
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