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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
remained untested this Wednesday on FedCattleExchange.com - 653 cattle were offered with no sales reported. Click here to see their complete market results.
OKC West reported yearlings sold 3.00 to 8.00 lower Wednesday,
compared to a week ago, while heifers were not well tested - click or tap here for a look at the December 6th 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, December 7, 2017
Remembering a "Day That Will Live in Infamy"
U.S. beef exports had yet another stellar performance in October, are poised to break $7 billion this year for only the second time, according to October export results released by USDA and compiled by the U.S. Meat Export Federation. At the same time, pork exports remained ahead of last year's record volume pace.
Beef exports reached 111,287 mt in October, up 5 percent from a year ago, valued at $662 million, up 18 percent. These were the second-largest monthly totals of 2017, trailing only August.
Japan continued to be the pacesetter for U.S. beef exports in October, with growth in this market driven by chilled beef product.
"The U.S. beef industry has really broadened its reach in Japan, expanding the range of cuts offered and the retail and foodservice venues in which they are featured," said USMEF President and CEO Dan Halstrom. "But USMEF remains concerned about market access barriers in Japan, as we face significantly higher tariffs than our main competitor, Australia, and import safeguards that could hinder further growth."
Meanwhile, October pork exports were the largest since May, totaling 211,592 metric tons (mt), up 5 percent from a year ago, valued at $565.4 million, up 8 percent.
Following a modest slowdown in September, pork exports to leading volume market Mexico regained its momentum.
Through October, exports to Mexico are well-positioned to achieve a sixth consecutive annual volume record.
"Although ham prices are currently below last year's level, they have been up an average of 2 percent in 2017 and predictions of ham prices plummeting have not come true," Halstrom said. "Strong demand in Mexico is absolutely a key reason for this. USMEF has focused on expanding per-capita pork consumption in Mexico, which is up by about one-third in the past 10 years. This has helped make Mexico an even more critical and more reliable trading partner for the U.S. pork industry."
For more highlights from the August report compiled by the USMEF or to view it in its entirety, click or tap 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. Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
Fire managers with Oklahoma Forestry Services issued an alert yesterday, asking Oklahomans to brace for what will probably be a very active wildfire season.
The alert describes a mounting list of warning signs that signal a rising fire danger in the state, such as intensifying drought conditions, abundant fuel loads and unfavorable weather forecasts.
Early 2018 is predicted to be even worse with near to above normal temperatures and less than normal precipitation statewide.
Mark Goeller, Fire Management Chief for Oklahoma Forestry Services stated, "Through the combined effort with our partners with the National Weather Service, we've gotten so much better at accurately predicting fire outbreaks and this allows us to preposition firefighters and stage aircraft to quickly respond to new fires."
Oklahomans are being asked to heed the warning and begin to look around their homes and property for ways to make it more defensible in the event of wildfire. For more on this story, or for recommended resources on how to protect your home and property from fire damage, click here.
U.S. Senator Pat Roberts, Chairman of the Senate Committee on Agriculture, Nutrition and Forestry and a senior member of the Senate Finance Committee, penned an op-ed that was published yesterday in The Hill on the benefits of NAFTA to the agriculture and manufacturing sectors.
According to Roberts, "The facts speak for themselves," he writes. "Since NAFTA entered into force on Jan. 1, 1994, the value of U.S. agricultural exports to Canada has increased by 265 percent and to Mexico by 289 percent."
"Could we have done things better negotiating NAFTA?" he begs. "Yes. Can we still do things better renegotiating NAFTA? Absolutely. "But, we cannot afford to let this investment go to waste.
"As chairman of the Senate Agriculture Committee, I have listened to farmers, ranchers and other end users about the importance of access to the global marketplace, especially in a tough economy for farm country. Simply put, our economy needs access to foreign markets if we are to achieve economic growth."
Roberts insists he has advocated ag's message of "Do No Harm" to the President on multiple occasions and says he continues to work with the U.S. trade representative and his staff to ensure agriculture is a top consideration in ongoing NAFTA negotiations. He contends it is of the utmost importance that farmers, ranchers and businesses keep pressure on our negotiators.
"I support and applaud President Trump for wanting to find ways to make sure other sectors of the American economy will fare better going forward. But, it is imperative the U.S. maintains the trade agreements with our allies to ensure success in the future.
"That leaves us at a crossroads," he concludes. "We can choose to strengthen the relationship with one of our top trading partners, and boost the American economy, or we can choose to allow real damage on both fronts."
Click here to read the full article detailing Sen. Roberts' opinion on the matter of NAFTA negotiations and its impact on the agriculture and manufacturing sectors of our economy.
Executive Director of No-Till on the Plains, Steve Swaffer announced this week that early online registration has been opened for the popular No-till on the Plains Winter Conference. Between now and December 15th, growers, industry partners and soil health enthusiasts planning to attend can save on registration fees for the event, set for January 30-31, 2018 at the Hyatt Regency and Century II Convention Center, Wichita, Kan.
In speaking with our own Carson Horn, Swaffer described all this conference has to offer attendees, from the novice no-till farmer to the advanced.
"We've got an exciting agenda this year," Swaffer said. "For the first time ever, we're going to be in Wichita, Kan. We think that's going to create a lot of great networking opportunities."
The 2018 Winter Conference features a line-up of more than 20 soil experts and top line soil health producers including world-renowned conservationist Alan Savory and Oklahoma's own Jimmy Emmons of Leedey. In addition, there will also be 45 breakout sessions and for the second year a one-day Beginner's Workshop that will precede the Winter Conference. The Agriculture's Innovative Minds (AIM) Symposium returns again, too, after the Conference to cater to the advanced crowd of growers and producers.
The Winter Conference registration price is $275. Walk-ins are welcome but rates increase closer to the event date. Registration rates are also available in packages for those who want to attend the Beginner's Session and the Winter Conference together or the Winter Conference and AIM Symposium in tandem. Discounted rooms rates are available at the Hyatt Regency Hotel.
For more information on the conference or how to register, listen to Swaffer talk more about the event with Carson, by clicking here.
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|Day One of the Tulsa Farm Show Ready to Roll
We pulled into the parking lot
of the River Spirit Expo Center in Tulsa yesterday afternoon- and found the huge facility alive with preparations for the 24th annual Tulsa Farm Show
that kicks off this morning at 9 AM and runs 9 AM to 5 PM today and tomorrow and 9 AM to 4 PM on Saturday.
Counting this year- I have been at 23 of these events over the years- this is their 24th annual Tulsa Farm Show that is being held this year. I must confess I was a tad skeptical about it being a viable project when the Midwest Farm Show folks decided to give Tulsa a try as they wanted to expand their farm show footprint southward from the midwest and the north plains.
That first year- I sent young Carey Martin to Tulsa to represent our network(The Oklahoma Agrinet) and to give me a report on if this thing might work or not. Well, Carey reported that there were a few rows of vendors- and it looked like they had a fair crowd- he was not sure if this out of state company had the staying power to make it work or not. (Carey now heads up the Louisiana Farm Bureau's Media team)
Well- they announced they were coming back for year two- bought some more advertising and I drove up the Turnpike to check it out myself and met John Sampson- was told they had a few more vendors that year- and I came to believe they had a lot more on the ball than the guys running the Oklahoma City Farm Show- that a show in early December might actually work and that these Midwest Show guys were already starting to figure out that this show had to appeal to not just row crop folks but cattle producers and rural lifestyle families that had a few acres but needed lots of things to manage their rural homestead successfully.
Fast forward to 2017- this year's Tulsa Farm Show fills the huge indoor space that has been called a lot of things since the early 19990s when this event first took place- it's currently called the River Spirit Expo Center- 10 acres of indoor, climate controlled space for almost 400 exhibitors and I expect the aisles will be filled with folks the next three days to check out all the latest equipment, products and services that are being offered.
John Sampson retired a couple of years back- but his sidekick Ron Bormaster is still around ramrodding the show for John Riles and his family company, Midwest Farm Shows. Midwest liked Oklahoma enough to take a chance on Oklahoma City and filled the void left by a dying spring farm show at the Oklahoma State Fairgrounds- now they operate two successful farm shows in our state- and Ron and the Riles Family are well known, liked and respected in our state for the quality events they bring to Oklahoma twice a year.
We set up our booth for the Tulsa Farm Show yesterday afternoon- got a quick interview with Ron Bormaster that you can hear by clicking or tapping here-
and will be ready to say "HOWDY" later today if you stop by.
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U.S. ethanol exports totaled 93.6 million gallons in October, up 8% from September shipments, according to government data released this morning and analyzed by the Renewable Fuels Association. Canada was again the top destination for U.S. exports followed by Spain and India.
However, exports to Brazil in October ticked downward for the third straight month, likely a result of the nation's implementation of a tariff rate quota and 20% tariff in September. U.S. shippers sent 12.9 mg of ethanol to Brazil, which was a 32% decrease from September. Still, four countries (Canada, Spain, India, and Brazil) accounted for 78% of all shipments in October, while another 20% was parsed out amongst seven other markets.
Meanwhile, exports of dried distillers grains with solubles (DDGS)-the animal feed co-product generated by dry mill ethanol plants-expanded 14% in October to 903,290 metric tons, the largest volume in seven months. The top three customers increased purchases over September levels, with Mexico remaining the top destination leading Turkey, Vietnam, South Korea, and Indonesia. Notably, Vietnam's imports of U.S. DDGS in October were the first significant volume to enter in ten months and signify a return to healthy trading volumes after resolving phytosanitary sanctions against American product.
Click here for more highlights from this report generated by the Renewable Fuels Association.
According to Kay Johnson Smith
of the Animal Agriculture Alliance, an activist watchdog organization, animal rights groups have been noticeably ramping up their attacks and getting more aggressive all the time. She spoke recently to our colleague Carson Horn
during a recent event in Kansas City about this radical side to the anti-agriculture movement.
"You still have the groups that are trying to work for incremental changes, but again with the goal of eliminating animal ag. But then you have these other groups that are breaking onto farms in the middle of the night, stealing animals from farms and destroying the biosecurity protocols within farms," Smith said. "They think they are justified because they are 'rescuing' animals and really they're 'stealing' animals. We have to call it what it is."
Essentially, these groups are participating in criminal activity, with little disregard for the people and businesses they are jeopardizing. And despite their good intentions towards the animals they are supposedly rescuing, their activities are actually endangering the animals and exposing them to various risks off the farm. Smith says her team at the Animal Ag Alliance works diligently to monitor these groups and their activities, but says they are harder to pin down, often working as lone wolves.
"They operate very much like terrorist organizations where they're not structured as an organization with campaigns and boards of directors," she said. "They operate in very much individual cells and they inspire online, people to take action wherever they are."
Listen to Kay Johnson Smith describe the criminal activity that activists engage in, under the veil of their various causes, on yesterday's Beef Buzz - click here
|Our thanks to Midwest Farms Shows, P & K Equipment, American Farmers & Ranchers, Oklahoma Beef Council, Livestock Exchange at the Oklahoma National Stockyards, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, 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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