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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
improve about $0.75 Wednesday compared to the last sale on FedCattleExchange.com - 304 cattle were offered, but only 108 actually sold with the weighted average price this week at $119.75. Click here to see their complete market results.
OKC West saw Yearling Steers up $8 to $10 from previous week yesterday- full details from this week are available here.
From earlier in the week- click on the market name for the Oklahoma National Stockyards Close and the Joplin Regional Stockyards Close(Numbers curtailed because of weather).
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, January 18, 2018
NCC's Jody Campiche Says Farm Bill Coverage for Cotton in the Works, But Still Long Process Ahead
Regarding the health of the cotton industry, Dr. Jody Campiche, director of economics and policy at the National Cotton Council, remarked, yesterday, that there are, "still a lot of producers who are struggling and are going to have a problem meeting their operating loans for this next year, because although prices are a bit higher right now, operating costs have not gone down."
She visited with our Associate Farm Director Carson Horn at the Red River Crops Conference in Altus, Wednesday, where she spoke to producers about how the NCC is working with Congress to help cotton them face these challenging economic times. Priority No. 1 for her organization, she says, is getting cotton covered by Title 1 safety nets in the 2018 Farm Bill.
Campiche reported that the NCC is currently working with Congress to make sure cotton is covered in the upcoming 2018 Farm Bill, and even perhaps in the 2014 legislation as well, depending on how ongoing discussions develop. However, due to differences in the Senate and House bills over whether to use cotton seed or seed cotton for the base of coverage, debate continues. The complexity of this matter is compounded by an uncertain timeframe in which a decisions must be made and lacks focus from a government working to keep the lights on as a shut down is scheduled for this Friday, if a temporary funding bill is not soon passed.
Long-term, Campiche says seed cotton is the NCC's priority but says the industry will take what it can get right now and then work to advance their goal post.
"At this point, you know, it's great to have either one. More support for cotton would be great," shrugged Campiche. "Longer term, seed cotton I sour priority, because it's based on that combination of cotton seed prices and lint prices - it provides coverage whether cotton seed prices go down or lint go down. But given the current environment and where cotton seed prices are, it's still a great option for short term coverage for the next Farm Bill."
to read more about what Campiche and the NCC are doing for cotton producers and take a moment to listen to her complete interview with Carson.
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation. National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
The Wall Street Journal reported this week that Environmental Protection Agency Chief Scott Pruitt plans to use his second year on the job to accelerate efforts to streamline the agency, saying he wants to speed up its permitting processes and transform its bureaucratic system.
Mr. Pruitt made claims that the structure of his agency is conducive to a culture that lacks focus, energy and a commitment to deliver results.
Discussing his plans for the year, Mr. Pruitt emphasized the importance of moving quickly. "There's tremendous opportunity to show really significant results to the American people in a really short time frame," Mr. Pruitt said.
Going forward, Mr. Pruitt plans to implement metrics to measure the weekly performance of each EPA office and has asked for final permit decisions be completed within six months.
Click here to read the article from the Wall Street Journal up on our website.
|Beef Exports Likely to Set Full Year Records in Volume and Value- Derrell Peel Analyzes 2017 Trends
November 2017 U.S. beef export value took another step toward a likely full-year value record. Beef export volume reached 246.7 million pounds in November, down 3 percent from November 2016 but still the second-highest monthly total of the year.
Export value was also the second-largest of 2017 at $666.4 million, up 8 percent year-over-year, while export value climbed to $6.6 billion - up 15 percent from a year ago and slightly above the record pace established in 2014.
Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says that the top five beef export destinations are all showing improvements over year ago levels - making the gains of 2017 broad based and help support the case for the uptrend to continue in 2018.
Beef exports accounted for 13.1 percent of total production in November, the highest since July but down from 14.9 percent in November 2016. For muscle cuts only, the percentage exported was 10.9 percent - down from 11.7 percent in November 2016. For January through November, beef exports accounted for 12.8 percent of total production (down from 13.5 percent in 2016) and 10.3 percent for muscle cuts (steady with 2016).
November beef export value averaged $306.63 per head of fed slaughter, up 4 percent from a year ago and the highest in nearly three years. January-November export value averaged $282.34 per head, up 9 percent.
Listen to Peel's analysis on these latest beef export numbers on yesterday's Beef Buzz - click here
The National Wheat Foundation's annual National Wheat Yield Contest officially kicked off its third year, yesterday, this time with an added quality requirement for entries.
This new quality requirement addresses the market opportunities and needs that will help U.S. wheat growers to maximize profitability as they grow the greater grain and allow the industry to compete with wheat growers around the world.
Foundation Board President Phil McLain believes quality component's addition to the contest will encourage growers to share approaches and techniques that help improve quality and maintain yields.
Read more information on contest by clicking or tapping here.
Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.
The Oklahoma Horticultural Society has extended an invitation to gardening enthusiasts in the state to attend its free annual meetings starting next month. The first meeting will take place Feb. 10, in Tulsa and the second meeting is slated Feb. 11, in Oklahoma City.
The society welcomes Jason Griffin as its keynote speaker this year. Griffin serves as director of the John C. Pair Horticultural Center in Haysville, Kansas, and a research scientist at Kansas State University's Department of Horticulture and Natural Resources. He will present a workshop titled "I Kill Plants So You Don't Have To."
"I want to encourage all gardening enthusiasts to attend one of these meetings to learn more about gardening in Oklahoma," said Lou Anella, director of The Botanic Garden at Oklahoma State University, who also is the OHS president. "These meetings are open to the public and attendees will gain a lot of valuable information about all aspects of gardening."
Formed in 1970, the OHS encourages the appreciation of gardening and horticulture throughout Oklahoma, and promotes excellence in gardening across the United States. Members enjoy numerous benefits, and gain knowledge on various plant cultures and plants that are specific for Oklahoma's climate.
For more information about the OHS state meetings including times and locations, click or tap here.
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Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.
Oklahoma was well represented this week as Express Ranches of Yukon, Okla. and Oklahoma State University walked away with top honors during the 2018 National Western Stock Show Angus Carload & Pen Show, this week in Denver, Colo. A total of three carloads and 47 pens-of-three were showcased in the Yards during the 112th NWSS.
Express Angus Ranches claimed grand champion carload, with 10 January 2017 bulls sired by 3F Epic 4631, EXAR Stud 4658B, EXAR Resistol 3710B and EXAR Hi-Tech 4769B. The group weighed an average of 1,458 pounds and posted an average scrotal circumference of 38.7 centimeters.
Express also showcased the grand champion pen of three bulls with January and February 2017 sons of 3F Epic 4631 and EXAR Stud 4658B. The trio posted an average weight of 1,332 pounds and an average scrotal circumference of 36.0 centimeters. The bulls first won early calf champion.
Oklahoma State University showcased the grand champion pen of three heifers with January 2017 daughters of Barstow Cash. The trio posted an average weight of 1,138 pounds. The heifers first won early calf champion.
|TAMU Wins Senior Livestock Judging at NWSS- Redlands Tops Juco Carload Livestock Judging
Oklahoma State University ended up in fourth place at the 2018 National Western Livestock Show Senior Collegiate Livestock Judging earlier this week- with Texas A & M winning the contest.
Carter Ward of OSU placed fifth overall in the Senior Collegiate Contest, while Jessie Judge came in as tenth high individual
Oklahoma State placed second in the Senior Collegiate Carload Contest behind Texas Tech in Denver.
In the Junior College Division, top honors in the overall Livestock Judging Contest belongs to Butler County Community College of Kansas. Three Oklahoma Jucos were in the top ten- with NEO, Connors State and Redlands placing fifth, sixth and seventh.
Redlands claimed top honors in the JUCO Carload Contest, whole Connors State placed fourth.
The Redlands team that won the Carload Contest included Reid McGuire, Blake Goss, Colton Pratz, Matthew Owings and Jesse Kosbade.
|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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