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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.
Finished cattle prices
were untested Wednesday compared to last week on FedCattleExchange.com - 1,444 cattle were offered this week with zero head actually selling. Click here to see their complete market results.
OKC West reported yearlings sold 3.00 to 6.00 Higher
Wednesday, compared to a week ago - click or tap here for a look at the October 11th 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 tapÂ 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 12, 2017
Young Industry Leaders in Oklahoma Cattlemen's Leadership Academy Voice Support for New Beef Checkoff Program
All 20 members of the 25th Class of the Oklahoma Cattlemen's Association's Cattlemen's Leadership Academy, signed an open letter to producers in the state, yesterday.
The statement was penned to express the group's collective support for the passage of the proposed Oklahoma Beef Checkoff referendum, initiated by the OCA, and to encourage eligible voters to vote YES on their ballots.
"The Class 25 of the OCA's Cattlemen's Leadership Academy urges the cattle producers of Oklahoma to support the Oklahoma Beef Checkoff ballot and vote yes on Nov. 1," the statement reads. "The continued success of beef cattle is dependent on timely and effective marketing, research, and education of beef and beef products.
"By adding a dollar to the beef checkoff, we increase the value of our product and continue to shape a flourishing enterprise for generations to come."
All those who own, buy or sell cattle in the state, regardless of age, are eligible to vote. Ballots can be requested from the OCA between now and October 20th by email
, or by calling 405-235-4391. Ballots must be returned or postmarked on or by October 27th.
Eligible voters also have the opportunity to vote in person November 1st, by visiting their local county extension office.
To read the complete statement made by the members of the Oklahoma Cattlemen's Leadership Academy, click or tap here
MEANWHILE- a group called the National Taxpayers Union has decided to instruct cattle producers in Oklahoma to vote no on the checkoff referendum.
In a release that you can read here
, they call it a tax and say "Hiking the checkoff tax - a mandatory entry-fee to participate in the marketplace - would increase costs to consumers, reduce producer profits, and make it harder for both independent and young cattlemen and women to gain a foothold in the industry."
By the way- the state of Oklahoma considers this an assessment on each animal sold- and if the vote approves the secondary state beef checkoff- any producer who does not like the work being done on their behalf- can request a refund- providing accountability to anyone paying the assessment.
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.
|Rabo's Don Close Expects to See a Year-Over-Year Increase in the US Cow Herd Number Come January 1
During the Texas Cattle Feeders Association Convention held at the beginning of this week, I had the chance to speak with Don Close
, cattle market watcher for Rabo AgriFinance, about where the industry stands when it comes to the US beef cow herd. According to him, the nation's herd continues to grow as 2017 approaches its end, and he says, too, that price opportunities appear favorable for the coming year as well.
"All of our long-range work really suggests to us that we're still expanding numbers," Close said, clarifying that there has been more displacement of cattle in the West where fires have raged rather than actual liquidation. "Our data implies we're still expanding, although at a substantially slower pace than what we did any of the previous three years."
Close says he fully expects the January 1, 2018 numbers to be larger year-over-year, but admits that the displacement of cattle from the multiple natural disasters that have occurred this year, have indeed created a cloud of uncertainty. The good news cow/calf producers can count on though, is that calf prices have been notably stronger this year compared to last. He believes calves currently are a good value and says cow/calf producers have recognized the more attractive price at which calves are currently trading. But he adds also, that calves are selling at a price level that provides a reasonable profit opportunity for cattle feeders who are taking advantage of an inverted basis and the strength in deferred live cattle contracts. Looking ahead, while no official projections have been made just yet, Close says he sees continued profitably in during the first of the year.
"Right now, I think we're ok," he said. "For late first, early second quarter - a spring high - I'm kind of thinking that mid $1.20 - $1.30 for a fed steer price. Clearly, with the majority of the cattle that are on feed today, we'll still see some very solid profit opportunities."
Listen to Don Close of Rabo AgriFinance and I discuss the ongoing expansion of the US cow herd, and what producers can expect to see in the cattle markets for early next year, on yesterday's Beef Buzz - click here
Earlier this summer, Kevin Wagner assumed the role of director of the Oklahoma Water Resources Center, the hub of water-related research and Cooperative Extension activities in Oklahoma. A part of the OSU Division of Agricultural Sciences and Natural Resources, the center focuses on efforts to manage and sustain water quality and quantity, especially in regards to the state's agriculture water supply.
In this new role, Wagner will tackle a wide range of challenges from the "incredibly complex to the most basic." A new effort to educate the public and promote the actual work of the Center will be a large part of Wagner's responsibilities.
"Research has shown a strong correlation between awareness of water sources and the level of conservation," he said. "This really demonstrates the importance of education and outreach programs. Unfortunately, all too often it takes an extreme event such as a drought, flood or infrastructure failure to make people aware of water resources, our dependency on them and the effects human actions have on them."
In order to effectively accomplish this task, Wagner says he will continue to commission timely, relevant research that he believes is absolutely critical to proper water management.
As director, Wagner will also assume the position of OSU's Thomas E. Berry Professorship in Integrated Water Research and Management. The endowed professorship focuses on sustaining Oklahoma's water supply by helping agricultural producers, landowners and the public make informed and beneficial decisions about water use and management.
Prior to joining the OSU faculty, Wagner served in leadership positions at the Texas Water Research Institute from 2005 to 2017 and the Texas State Soil and Water Conservation Board from 1999 to 2005. He worked as a water quality analyst for the Oklahoma Conservation Commission from 1994 to 1997.
Continue reading about the Oklahoma Water Resources Center, and Wagner's new role there, by clicking here.
|New Enrollment into CRP Put on Hold by USDA
At the start of this week, the U.S. Department of Agriculture (USDA) Farm Service Agency announced
that it would temporarily suspend acceptance for Conservation Reserve Program (CRP) applications.
The agency said that "all current, eligible CRP continuous enrollment offers made through Sept. 30, 2017 - except for those made under the Pollinator Habitat Initiative (CP42) - will be approved." The temporary suspension is intended to provide a window in which to review CRP allocation levels.
CRP awards producers rental payments for taking environmentally sensitive land out of production. Contracts last between 10-15 years, at which point a producer can either re-enroll or put the land back into production. According to the 2014 Farm Bill, the program allows for a total of 24 million enrolled acres, and current enrollment clocks in at 23.5 million acres.
In the meantime, USDA will continue to accept applications for state-specific Conservation Reserve Enhancement Program (CREP) and CRP Grasslands.
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!
Bovine Respiratory Disease is responsible for up to 70 percent of deaths in feedlots and 89 percent of deaths in stocker operations.
In an effort to better serve producers, and help them reduce BRD morbidity and mortality in their operations, animal pharmaceutical leader Zoetis, announced this week the launch of a new website aimed at simplifying the process of finding solutions to BRD problems in your herd.
BRD-Solutions.com offers a comprehensive range of BRD management programs from disease prevention to control and treatment of sick cattle when needed. Solutions like effective vaccines are available to avoid costly treatments by helping boost cattle immune response against BRD pathogens, and feed additives that can help support animal health with an extra level of protection.
According to Shawn Blood, DVM, Beef Strategic Technical Services at Zoetis, BRD costs the industry around $1 billion each year, as a drain on the health and well-being of cattle.
"With BRD Solutions," he says though, "you'll be supported with first-in-class vaccines, antimicrobials, feed additives and a very extensive and knowledgeable support staff with Technical Services veterinarians and nutritionists you've come to know and expect from Zoetis."
Zoetis offers three different and complementary classes of antimicrobials - Draxxin, Excede and Advocin - that demonstrate efficacy in controlling and treating BRD.
Blood says the help of these highly effective solutions means you can optimize the treatments needed on your operation to remedy BRD and improve animal health.
Learn how you can take your operation's BRD management program to the next level and achieve fewer re-treats and reduced mortalities, by clicking here to get the full story from Zoetis.
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The Animal Agriculture Alliance says it has reason to celebrate this year. Not only because it happens to be the Alliance's 30th anniversary - but also because it has in fact, been an especially good year with the group's significant progress in bridging the communication gap between "farm and fork" as the put it. Their achievements have been highlighted in the organization's annual report for this year, that has recently been released.
"Our annual report showcases the successful efforts the Alliance is making to ensure each year is our best one yet," said Kay Johnson Smith
, Alliance president and CEO. "It is especially meaningful this year to look back over 30 years of accomplishments to see how far our organization has come, and envision where we will go."
Included in the highlights of this year, is the successful execution of the Alliance's eighth edition of the College Aggies Online program, which reached more than 2.3 million people with positive ag messaging.
The Alliance is also celebrating significant engagement with the public under the #WhyIThankAg campaign as well as another successful Stakeholder Summit meeting, among other accomplishments.
You can read more about the Alliance's success during its 30th year of advocacy on behalf of the ag industry, by clicking here
, to view the complete annual report.
|Superior Livestock Auction Sale Happens This Morning
Starting today at 8:00 a.m., Superior Livestock Auction will begin broadcasting live, another video auction from their studio in the Historic Fort Worth Stockyards.
The sale kicks things off with Superior Sunrise at 7:30, prior to the start of the auction. Tune in to Dish Network Channel 232 or click onto Superior Click-to-Bid.
This sale offers 17,700 head of cattle featuring 300 Holsteins, 2,700 yearling steers, 1,600 yearling heifers, 8,200 weaned claves, 3,700 calves on cows and 1,200 bred stock.
If you would like to know the estimated time a lot will sell or to preview the video on a specific lot, visit their website, or call 800-422-2117 to register for your Buyer Number.
|Temperatures Bouncing Back- A Few More Heat Units Coming Your Way Here in October
After some flirtation with frosty temps in parts of Oklahoma early in the week- Jed Castles has a nine day outlook for central and western Oklahoma that delivers some 80s:
Cooler on Sunday and Monday morning- and mostly dry conditions are in the cards for the next few days as well.
Meanwhile, Alan Crone with the News on 6 in Tulsa sees a little better chance of rainfall in northeastern Oklahoma on Sunday- you can read his take on eastern Oklahoma weather for the next several days by clicking or tapping here.
|Our thanks to Midwest Farms Shows, P & K Equipment, American Farmers & Ranchers, Livestock Exchange at the Oklahoma National Stockyards, Oklahoma Farm Bureau, Stillwater Milling Company, Oklahoma AgCredit, the Oklahoma Cattlemens Association, and KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- at NO Charge!
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