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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 the last sale on FedCattleExchange.com - 494 cattle were offered, though none actually sold. Click here to see their complete market results.
OKC West steady to firm prices for Yearlings on Wednesday- Tuesday and Wednesday's final report for this week is available here.
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 25, 2018
Agriculture Secretary Sonny Perdue Announces USDA's Farm Bill and Legislative Principles for 2018
During a Wednesday event, Agriculture Secretary Sonny Perdue
released the Department of Agriculture Farm Bill Principles.
Perdue announced the principles as part a trip to Pennsylvania, while holding a town hall meeting. Through interacting with producers, USDA says the agency developed the principles to share with Congress as lawmakers craft the next farm bill.
A document released by USDA says the agency supports a farm bill that provides a farm safety net to help farmers during down economic times, promotes crop insurance as a risk management tool, increases access to farmland for new and beginning farmers, and supports conservation programs.
USDA also says the next farm bill should seek to improve U.S. market competitiveness and help open international trade markets. As for nutrition programs, USDA says the next farm bill should support work as the pathway to self-sufficiency, well-being, and economic mobility for individuals and families receiving supplemental nutrition assistance.
to read more about the Secretary's announcement or download
the USDA's Farm Bill Principles for your review.
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 American Farm Bureau released a statement in response to Ag Secretary Sonny Perdue's
announcement yesterday, detailing the Department of Agriculture's farm bill principles at an event in Pennsylvania. AFBF President Zippy Duvall
stated that the framework presented by Perdue was a good start to getting the ball rolling on the 2018 Farm Bill.
"The secretary's farm bill principles look to the future while securing the present for farmers and ranchers who continue to face a prolonged period of reduced farm income," Duvall said, highlighting USDA's inclusion of not just the importance of risk management on the farm, but also rural development, research and development, trade, conservation and nutrition.
"We applaud Secretary Perdue's clear signal that he is looking forward to working with agriculture's leaders in Congress," he said, "just as is Farm Bureau, to arrive at a farm bill that will bring out the best agriculture has to offer the American people and the world."
to read the full statement by AFBF President Zippy Duvall in reaction to Secretary Perdue's announcement yesterday, revealing USDA's blueprint for the 2018 Farm Bill.
|LMIC's Jim Robb Expects Lower Placements and Moderating Herd Growth in Cattle On Feed Preview
This coming Friday, the United States Department of Agriculture will release the first feedlot numbers for the year in its Cattle on Feed report. Jim Robb
of the Livestock Marketing Information Center sat down with me yesterday to share his preview of the report, based on LMIC's expectations and industry estimates. Robb believes this report will be typical of most, focused on the all-important number of cattle being placed into feedlots.
"Kind of like recent months, there's a lot of uncertainty on Placements," Robb said. "People are going to look at that number very closely."
Going down his list of expectations, Robb says he is predicting the report will show that Placements decreased from a year ago by three percent. However, he admits there are some mixed signals coming from cattle country, especially in the Southern Plains, as to just how many cattle have actually entered feedlots. This problem only adds to the uncertainty of the situation. Beyond that, Robb estimates that Marketings will remain aggressive as they have been in recent months, but perhaps down one or two percent from a year ago. He points out though that there is one less slaughter day to account for than the previous year. All things considered, Robb says this report will add up to a total on feed inventory up eight percent year-over-year. He notes this will be the largest on feed inventory since January 1, 2012 if his estimates are correct. Aside from those numbers, Robb says he will eager to see what the report says about the rate of herd expansion.
"Another critical thing in this report that I think myself and other analysts will look at is the breakdown by class of animals on feed. That's the breakdown of steers versus heifers on feed," he explained. "This is really critical. That population of heifers needs to remain as it has in recent months - well above a year ago. That points us in the direction of a moderating herd growth and it really is a major barometer as we look ahead to the next six months to two years."
Listen to Robb offer his preview of the upcoming USDA Cattle on Feed report, on yesterday's Beef Buzz - click here
Most of you reading our newsletter every day are probably familiar with the Sirloin Club of Oklahoma. Just like your county livestock booster clubs that raise money to help buy show stock at the local contests, the Sirloin Club does the same thing, except the money it raises goes to support kids at the Oklahoma Youth Expo Sale of Champions. Our own
Carson Horn caught up with the Sirloin Club's president, Eric Money, this week to talk about the organization and its upcoming fundraising event.
"We've had a lot of really good years lately at the Oklahoma Youth Expo, even in what I would call somewhat challenging economic times," Money said. "Still, we've continued to see some great support at our event and going on to the OYE."
The Club will host its annual banquet and chalice auction Wednesday, February 7th at the National Cowboy and Western Heritage Museum in Oklahoma City, beginning with a cocktail social hour at 5:30 p.m. followed by dinner at 6:30 p.m. This event is free and open to the public and Money invites everyone to join in the fun, food and fellowship in support of our state's youth in agriculture. The program features both a silent and live auction where attendees will have the opportunity to bid on the actual chalices awarded to champion exhibitors at the Oklahoma Youth Expo's Grand Drive, among many other great prizes.
This annual event is the primary source of the group's fundraising efforts. Money says being involved in the Sirloin Club is a way to give back to the organizations and support the leadership activities which he himself and many other members once participated in.
"Most of our members including myself, have a history in rural Oklahoma and agricultural related youth leadership activities," he said. "I think anyone would say that those are the activities that we sure think helped shape who we've become and hope will continue to shape youth. There were a lot of people that supported me and other members of our organization when we were students and we want to do our part."
To find out more about the Sirloin Club of Oklahoma and its upcoming banquet, click here
, and listen to the full conversation between Money and Horn. And, if interested - you can also sign yourself or your business up as a member of the organization, by clicking 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.
|Oklahoma Mesonet Cattle Comfort Tool Goes National
Cattle producers have always monitored their cattle in response to extreme weather conditions. A new tool is available that measures cold and heat stress levels on cattle. The National Cattle Comfort Advisor helps cattle producers closely monitor challenging weather situations and provides a way to measure the severity and duration of cold or hot events.
Albert Sutherland, the Ag Program Coordinator for the Oklahoma Mesonet, will present a free webinar, "New National Cattle Comfort Advisor" at 10:30 a.m. Friday, Jan. 26(tomorrow). The webinar is open to anyone interested in learning more about the National Cattle Comfort Advisor. Specifically, webinar participants can expect to learn the basics of the tool and ways it can be used by producers to monitor stress caused by extreme temperatures.
Click or tap here to read more about the new Advisor tool- which is based on the Oklahoma Cattle Comfort Advisor that has been a part of the Oklahoma Mesonet Ag Toolkit for several years now- details and the link to the Webinar is found in our story.
To take a look at the new national Cattle Comfort Advisor, click here to jump over to its cyberhome.
Want to Have the Latest Energy News Delivered to Your Inbox Daily?
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.
Troy Marshall, state statistician for Oklahoma's USDA NASS office is encouraging all Oklahoma producers large and small, rural and urban, are encouraged to participate in the 2017 Census of Agriculture.
The Census of Agriculture is conducted every 5 years and applies to anyone who produces and sells $1,000 worth of agricultural goods or has the potential to produce or sell that amount. The data is tabulated, aggregated and eventually published down to the county level.
Marshall said it is important for producers to participate in the census because it is used for a wide range of purposes, including developing legislation such as the Farm Bill and programs targeting producers.
The deadline for turning in the census questionnaire is Feb. 5. Data from the 2017 edition of the census will be available in February 2019.
Any producer who has a question about the form or who did not receive a questionnaire should contact the Census of Agriculture helpline at 888-424-7828. For more information on the census, click here to read the full story on our website.
|Superior Livestock Hosts Video Cattle Auction Today, Live from Fort Worth Stockyards Featuring 19,200 Head
Superior Livestock will be broadcasting their next video auction today, LIVE from their studios in the Historic Fort Worth Stockyards. The day begins at 7:30 a.m. with Superior Sunrise followed by the video auction at 8:00 a.m. which can be viewed on DISH Network Ch. 232 or on DIRECTV Ch. 603.
Today's sale has 19,200 head of cattle to offer, featuring 5,200 yearling steers, 4,000 yearling heifers, 8,500 weaned calves, 600 bred stock, 100 weigh cows and 800 Holsteins.
If you would like to know the estimated time a lot will sell, preview the video on a specific lot, or register for a Buyer Number, visit their website at www.superiorlivestock.com or call (800) 422-2117. Click over to the calendar page on our website for more details on today's sale.
|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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