|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 Carson Horn on RON.
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.
Finished cattle prices improved from last week averaging $108.00 this Wednesday on FedCattleExchange.com - 1,732 cattle were offered with only 784 head actually selling. Click here to see their complete market results.
OKC West reported yearlings sold 1.00 to 3.00 higher Wednesday,
compared to a week ago - click or tap here for a look at the October 4th sale results.
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
Thursday, October 5, 2017
Baylor Bonham of Newcastle FFA Shows Grand Champion Steer at Tulsa State Fair- Grand Drive Details Here
The 2017 Tulsa State Fair Youth Market Show survived the heavy rains of Wednesday- and the McDonalds Night of Champions saw Grand Champions and Reserve Grand Champions named in the four major species. About sixty young people were competing for the Grand Championships on Wednesday evening- earning the right to be in the Ford Truck Arena by being either a Breed Champion or Reserve Champion in their species.
The Grand Champion Steer was the final Champion selected and was the only one of the four Grands that was not preselected ahead of the Wednesday night session. Steer Judge Joel Cowley of Houston sorted through his nine breed champions and settled on the Champion Crossbred shown by Baylor Bonham of Newcastle FFA as his Grand Champion Steer for 2017. Cowley then used the Champion Maine Anjou shown by Ashley Kunkel of Afton FFA as the Reserve Grand Champion Steer of the 2017 Tulsa State Fair.
Speaking of Ashley- here's my favorite pic I took last night- showing lots of joy in the face of the owner of the Reserve Grand Champion Steer moments after the judge shook her hand-
The Grand Champion Market Barrow for 2017 is the Champion Duroc Barrow of the Fair- shown by Garrett Wellden of Guthrie FFA, with the Reserve Grand Barrow coming out of the Hampshire Barrow Show- and owned by Blaire Hawkins of Hinton FFA.
The Grand Champion and the Reserve Grand Champion Market Lambs were both Crossbreds- the Champion Crossbred Lamb owned by Brantlee Cox of Morrison FFA is your Grand Champion Market Lamb and the second best Crossbred Market Lamb of the Show was the Reserve Grand Champion Market Lamb- owned and shown by Madelyn Scott of Central High FFA.
Finally, the top Market Wether Goat for the 2017 Tulsa State Fair was the Champion in Division Five of the Goat competition- shown by Allison McCracken of Claremore FFA. The Reserve Grand Goat of the Tulsa State Fair was the Division 2 Champ- owned by Tayen Redgate of Waynoka 4-H.
Tulsa also has a Broiler Chicken show- and the Grand Champion Brolier Pen is owned by Kelton Dowdle of Bessie FFA- Kelton's chickens will sell fifth in the Sale of Champions on Thursday evening at the Ford Truck Arena- starting at 5:00 PM.
We have all of the Breed and Division Champions and Reserves listed in our story in the Blue Green Gazette section of our website- click or tap here
to see that complete listing and more.
We don't have a PDF as of yet of the Sale Order for the Sale of the 147 young people and their animals- there are a group of pictures that have the sale order and we have shared those pictures on our Radio Oklahoma Ag Network Page- available here.
Once we get a PDF- we will post it on that same link on our Facebook page as well as in the Blue Green Gazette Section of our website. As I mentioned earlier- sale time for the Premium Sale is 5:00 PM today.
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.
|NAWG Insists Ag Economy's State, Recent Weather Plainly Shows the Need of Safety Net Programs
The National Association of Wheat Growers President David Schemm made a public response, yesterday, denouncing the proposed changes to the Farm Bill made by a group of entities with alternative views regarding farm policy, that held a joint meeting in Washington this week.
Schemm, a farmer from Sharon Springs, Kansas, called out the arguments made by these groups as being misleading, bad for the economy and bad for farmers. Most notably, he says, is their view that crop insurance is a federal subsidy or handout. He insists that it is quite the opposite, as farmers more often times pay out premiums for policies they rarely get to collect on.
Sharing his own story of hardships, Schemm illustrates how crop insurance merely helped him to recover some of what was lost - far from making a profit - and allowed him to farm another year, after suffering substantial setbacks from extreme weather and disease pressures. He emphasized, too, the fact that agriculture producers face many risks unique to the industry, that other sectors aren't impact by, such as weather and lower rates of return.
"Farmers also aren't competing on a level playing field on the international market," Schemm said. "...the Federal Crop Insurance Program continues to be the most important risk management tool available to farmers."
As farmers struggle to support their families and their businesses in one of the worst economic downturns in decades, Schemm asserts that now is not the time to place further hardships on the farming community.
To read Schemm's complete remarks in response to these proposed changes to the Farm Bill, click or tap here.
In an op-ed piece entitled, "Our View: Will Anything Ever Satisfy Farm Critics? No," Farm Policy Facts argues that agriculture's adversaries have said "no" to almost any policy that could, has, does help farmers. The beginning of the article, sets a powerful foundation for the organization's argument.
"When farm policy was reformed to be more free-market oriented, critics said it wasn't enough. When the agricultural sector stood alone and volunteered funding cuts to help close America's budget deficit, critics said it wasn't enough. When farmers began contributing to their own safety net through crop insurance to offset risk to taxpayers, critics said it wasn't enough.
"And now that the 2014 Farm Bill has come in tens of billions under budget, critics still say it isn't enough.
"'No' appears to be the only message the Environmental Working Group, Heritage Foundation, U.S. Public Interest Research Group, Club for Growth, and other perennial farm policy opponents are capable of delivering."
Yesterday, those same critics of agriculture held a summit meeting in Washington, DC to discuss, as FPF put it, "new ways to say no."
Through answering a series of questions - FPF paints a collective portrait of these groups, as being immobile, uncompromising and unwilling to recognize the logical and reasonable necessity of farm safety net programs and other supportive policies. In its interrogation, FPF exposes many of the controversies and hypocrisies with which these organizations have feebly built their arguments.
However, in its conclusion, the article finishes with its only reassuring statement that thankfully reveals that at least the sentiments held by these groups are held primarily by themselves, and themselves alone. FPF cites a 2016 poll that suggests eight in 10 Americans believe agriculture is critical to the country's security, and 92 percent said it was important to provide farmers with federal funding.
Click or tap here to read the full opinions of Farm Policy Facts, in its latest op-ed piece written in defense of Farm Bill safety net programs.
|Dr. Glynn Tonsor Connects the Dots Between Understanding Consumer Demand and Adding Value to Beef Cattle Prices
Dr. Glynn Tonsor
of Kansas State University began work last year on measuring domestic beef demand through the retail level, or grocery stores. He has continued that study this year and told me, that he has discovered beef demand is looking particularly good, in the Northeast region of the United States.
"All regions, really, are up here in 2017, but the Northeast is the strongest of the four and I highlight that because that is the same region that may not have the same cultural background and the connection to production like we have here largely in the Midwest," Tonsor reported. "If you have a region like the Northeast where you don't have that same historical connection to production, and yet it is the region leading the way, that's a good sign."
Part of this region's demand strength, Tonsor believes, could possibly be attributed to the developing employment situation occurring there. He cites that unemployment numbers have receded recently and talk of more job mobility has been alluded to as well. While he admits it may be somewhat speculative on his part, Tonsor's attempt at connecting the dots has led him to the possible conclusion that Northeasterners may be more comfortable with their economic standing and more willing to pay up for beef, compared to other parts of the country. As time goes on, Tonsor says more data will be collected, measurements will continue to be fine-tuned and ultimately, a better understanding of consumer demand will be gained.
"We have beef sold as many different products, to many different people, through different channels, and the more fine-tuned we can measure that, the better we can allocate - not just Checkoff resources - but more generally to help producers understand who it is that most values their product and therefore you can cater to those needs and add the most value to the cut out, which adds value to fed cattle and feeder cattle."
Listen to Dr. Glynn Tonsor speak to me about his work in better understanding and measuring consumers' domestic demand for beef, on yesterday's Beef Buzz - click 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!
|Pork Producers Congratulates USDA's Newest Leadership Team Members Censky and McKinney
On Tuesday night this week, the U.S. Senate confirmed both Steve Censky and Ted McKinney as the USDA's deputy secretary and undersecretary of trade and foreign agricultural affairs, respectively.
One of the first industry groups to congratulate the pair on their confirmations, was the National Pork Producers Council.
"The confirmations of Stephen Censky and Ted McKinney come at a critical time for U.S. agriculture," said NPPC President Ken Maschhoff. "They bring strong agriculture leadership experience and a commitment to the expansion of international trade on which our industry depends."
Maschhoff continued to say that "NPPC looks forward to working with these USDA leaders to develop policies that advance the development of the U.S. pork industry and agriculture sector."
Censky brings previous USDA experience to the job, having served in department during the Reagan and G.H.W. Bush administrations. Prior to his confirmation, he served as the CEO of the American Soybean Association.
McKinney formerly served as Indiana's agriculture secretary and brings extensive experience in the private agriculture sector.
For more information on these newly confirmed leaders at the USDA, or to read NPPC President Ken Maschhoff's congratulatory remarks, click here
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With wheat pasture again likely to be a key source of protein for cow herds this fall and winter, OSU's Dr. Glenn Selk, offered some tips to maximize the efficiency of your pasture's use this year, while supplementing your cattle's forage intake.
According to Selk, a dry cow's protein requirements can be easily met by rotating them onto dry pasture grass (with plenty of additional hay if needed) for 2-3 days
after one day of grazing wheat.
For cows that have calved, a pattern of one day on wheat, one day off, should suffice to keep cows properly nourished.
Selk also notes that a "day on wheat" should be defined as the amount of time required for the cow to graze her fill of wheat forage - about 3 to 5 hours. Not a full 24 hours. This helps to limit the unnecessary loss of valuable forage due to trampling, bedding down and manure deposits.
One adverse thing to consider when allowing cattle to graze on wheat pasture, is the looming threat of "grass tetany." Selk suggests that if you suspect conditions are ripe for grass tetany, make sure to provide mineral mixes containing 12 to 15 percent magnesium. He says it is best for the supplements to be started a couple of months ahead of the period of tetany danger so that proper intake can be established. And because tetany can also occur when calcium is low, calcium supplementation should also be included.
For a complete look at all of Dr. Selk's bits of wisdom on the subject of grazing cattle on wheat pasture, click here
National Cattlemen's Beef Association President-elect Kevin Kester issued a statement in regards to the U.S. Treasury's announcement made, yesterday, that highlights the department's recommendation to completely withdraw the proposed Section 2704 regulations, related to the controversial estate tax, also known as the "death tax."
"On behalf of NCBA and our nation's beef producers, I'd like to thank the U.S. Treasury and the IRS for their decision today to entirely withdraw the proposed Section 2704 estate tax valuation regulations," he stated.
Kester says livestock producers have used legitimate valuation discounts for more than two decades as a means of maintaining ownership of the family business from one generation to the next. These regulations threatened to upend succession plans, halt any potential expansion and growth, and would have required a majority of livestock operations to liquidate assets in order to simply survive from one generation to the next.
"We're grateful the Treasury has made good on their commitment to reduce complexity and lessen the burden of tax regulations, particularly for family farmers and ranchers," Kester remarked.
Late last year, Kester offered testimony to the IRS on this issue. You can view his prepared testimony from that day and watch a video detailing his own family's struggles dealing with the impact of the death tax, that was produced as part of NCBA's "Cattlemen For Tax Reform" media campaign, by clicking over to our website.
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