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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
Monday, January 29, 2018
The Oklahoma Cooperative Extension Service is one of Oklahoma State University's two state agencies, both administered by the university's Division of Agricultural Sciences and Natural Resources.
A few months ago, then OCES Associate Vice President James Trapp, who served the ag community in Oklahoma for 41 years, announced his plans to retire this month. Last week, Dr. Damona Doye, an alumna of OSU and a faculty member of DASNR's Ag-Econ department since 1986, was officially named by the Board of Regents to take up the leadership role left vacant by Trapp.
Doye was the department's first fulltime female Extension specialist, concentrating on providing farm management assistance to producers in Oklahoma and the region. In her new role, she will provide administrative oversight to Extension educators and staff in all of Oklahoma's 77 counties, in addition to area, district and state specialists.
"I'm excited about the opportunity to contribute more broadly," said Doye. "One of the strengths of Extension is that we've always had a significant local presence, supported by specialists in their respective career fields, enabling us to work side-by-side as cooperating partners with residents and community and business leaders. We measure our successes by how we help others to succeed."
I ran into Dr. Tom Coon recently, vice president of DASNR, who said some very nice things about Doye and her new appointment.
"What really struck me about Dr. Doye is that this is her life's work," he said. "She talked about it being a personal mission and it's fine to talk about that but you look at the work she's done throughout her career - she looks out for what issues out there are the greatest threat to our producers and our communities and what we can be doing to serve them. That leadership point is really going to be valuable to us."
You can learn more about Doye's career and her new role heading up OCES, and listen to more remarks from Dr. Coon by clicking 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.
After receiving several questions about the matter from folks around the state, Scott Biggs
, executive director of Oklahoma's USDA Farm Service Agency, asked us to share with our readers an updated list of counties in Oklahoma that qualify for assistance payments through the Livestock Forage Program
Those counties eligible for a one month payment include: Jefferson; Stephens; Garvin; Murray; Johnston; Pontotoc; Coal; Atoka; Pittsburg; Latimer; LeFlore; Haskell; Sequoyah; Muskogee; Cherokee and Adair.
Counties eligible for a three month payment include: Texas; Beaver; Harper Ellis; Woods; Alfalfa; Grant; Major; Woodward; Dewey; Custer; Roger Mills; Beckham; Harmon; Jackson and Tillman.
Counties eligible for a four month payment include only McCurtain County.Click here
to find links with more information about eligibility for this program.
This past week, the Oklahoma Dept. of Agriculture named Rae Ann Blakely of Oologah, Okla. a Significant Woman in Oklahoma Agriculture.
Blakley was born in Ark City, Kan., but grew up in northeast Oklahoma on one of the largest swine feedlot operations in the state during the '70s and '80s, and exhibited pigs, cattle and sheep all through childhood.
After graduating from Miami High School in 1984, she received an associate's degree from Northeastern Oklahoma A&M College in 1986 where she also judged livestock. She then graduated from Oklahoma State University in 1988 with a bachelor's degree in agricultural economics.
After marrying her husband, Lyle, in 1988, the couple moved back to his family farm full time, and opened a nursery business growing vegetables and bedding plants.
What started as a 1,500-square-foot greenhouse is now a 10,000-square-foot greenhouse that grows vegetable, bedding, ornamental and perennial plants as well as herbs. The Blakelys run their greenhouse in addition to a herd of 450-head of purebred Maine Anjou and Shorthorn cattle, plus pigs and chickens. The family also bales hay and does custom hay work. Blakley has been very active with her local farmers markets, too, serving as board member since 1999.
Blakley has a unique view of agriculture because she grows the produce and raises the livestock, and then physically sells it to the consumer.
Learn more about Blakely's story as a Significant Woman in Agriculture, by clicking over to our website for a look at the complete article profiling her achievements.
|Trade Low-Balls Expectation for Placements in Latest Cattle on Feed Report, Inventory Total Up 8%
On Friday, the USDA released its first Cattle on Feed report for the year, based on figures collected during December 2017. We reached out to Dr. Derrell Peel at OSU for his initial reaction to the numbers found in this report.
"There's nothing in general that's a major surprise in this report," Peel remarked. "Placements are a little bigger than anticipated, but the marketings were pretty close to expected. I don't know that this will provoke much action or not."
According to Peel, December Placements were shown in the report to be up 0.8 percent than the previous year. Fed Cattle Marketings in December were listed as being down 1.4 percent year-over-year, which leaves the January 1 on feed total to be 8.3 percent bigger than one year ago.
Peel says this report confirms that the industry will be hit with bigger supplies coming through the pipeline this year. However, looking at the report's breakdown, the number of heifers on feed has continued to inflate, up to 15.9 percent year-over-year. Peel says this suggests that herd expansion is slowing down.
Moving ahead, Peel insists that demand will be a key factor in how much price pressure the industry will face in 2018. To
read more of Peel's thoughts on this report, or to listen to him offer his full analysis of the numbers, click here.
You can review the complete report for yourself, here
The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website
. For more information- call 405-235-4391.
|Traceability Programs Help Meet Our Customers Needs While Adding Value to Our Beef Supply Chain
The demand for traceable cattle is on the rise as consumers both domestic and internationally are asking for more information about their food and where it comes from. Doug Stanton
, vice president of Where Food Comes From, works with cattlemen and women to help them comply with verification programs that allow their beef access into the global marketplace. He says new innovation in the industry, like the development of smart tags and electronic tracking devices have helped to create a traceable source of beef that can be marketed and provide consumers with the information they want.
"If cattle move from a cow/calf operation to a backgrounder, then the backgrounder reads that ID tag at receiving and verifies that animal is in the approved status for the particular attributes they're looking at, with a company that originally approved the cow/calf operation," he explained.
The information that can be collected can vary depending on what the customer chooses to focus on, generally things such as age and source of origin. Stanton uses Japan as an example, which chose to focus on cattle's age and would only accept cattle of 20 months or under - a concern stemming from a preoccupation with BSE. One of our newest markets, China, lies in stark contrast to Japan's required traceability measures - opting for more emphasis on where livestock come from and where they go from birth to slaughter. Having the ability to provide this information goes a long way for a concerned customer. Stanton says it puts the US in a better position on the global market.
"The key thing is being able to provide the information customers are demanding. It's at least being verified," he said. "If we can put ourselves a little bit closer to the competition, like Uruguay and Australia and some of the big suppliers to the EU, then that is positive for US beef."
Listen to Stanton explain how traceability programs add value to the US beef supply chain, on yesterday's Beef Buzz - click here.
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|Oklahoma Grain and Feed and Oklahoma AgriBusiness Retailers Endorse StepUpOk Proposal
The Oklahoma Grain and Feed Association and the Oklahoma Agribusiness Retailers Association Have Endorsed the "StepUp Ok" Reform and Revenue Measure Concept. The nonpartisan group of state business, civic and community leaders developed this plan to drive efficiencies and eliminate abuse and waste in state government, and to raise revenue for a $5,000 teacher pay raise and to fully fund core services.
The broad based revenue plan, which is a short-term concept, would affect taxes on tobacco, gross production tax, motor fuels (6 cents/gallon), wind power generation, refundable income tax credits, gaming activities and modernizing the state's income tax code.
The reform measures are more of a long-term recommendation, many of which would take a vote of the people. The package of reforms includes a $5,000 teacher pay raise, revise the budget process, modify term limits, lowering the super majority (3/4) to raise revenue, establish a budget stabilization fund, give the Governor more direct appointment power of the largest state agencies, make the Governor and Lt. Governor run on the same ticket, create an independent budget office, and modernize county government.
Last year's Alltech Global Feed Survey crossed the threshold of one billion metric tons of feed produced globally for the first time. This year affirmed that position with an estimate of 1.068 billion metric tons.
Now in its seventh year of analysis, the Global Feed Survey continues to serve as a valuable report on the state of the global feed industry. In addition to its insights into the feed industry, it serves as a barometer for agriculture as a whole and demonstrates the economic strength of the countries included in the survey.
Aidan Connolly, Chief Innovation Officer & Vice President, Corporate Accounts has identified seven highlights from the data compiled over the last seven years, that represent key trends for agribusiness leaders - from small dairy farmers in India to the largest pig producers in China.
In summary, those insights highlighted by Connolly indicate that China, a clear leaders in global feed production, actually took a step backward this year with small declines. Russia on the other hand, saw large increases in its production. India, has been compared most notably with China, but in contrast, the Subcontinent has managed to continue its upward trend and in fact grew its feed production this year by nine percent. Africa is too, on the fast track, seeing something of a growth spurt in recent years, but on average has some of the most expensive feed costs. In aquaculture, feed growth has stagnated in a relatively flat pattern. However, several contributing factors have caused this stale growth in an area that should otherwise look fairly promising. Meanwhile, the equine industry has seen healthy growth in every region. Overall, though, feed costs are low and, for the foreseeable future, will remain that way. This is because farmers and growers have gotten better at combatting disease and drought in plants. Corn, soy and wheat can all be produced at low costs and the harvests are bountiful. This lower input cost is reflected in our own food costs, which are also at an all-time low historically.
For more highlights from this survey, or to review its results entirely, click or tap here.
|Remembering Gene Neuens
I really treasure the friends that I have cultivated in our business of agriculture- and one of the true gems I have met, worked with and enjoyed visiting with was Gene Neuens- who was with PCOM most of the time that I worked with him as winter canola was introduced into Oklahoma and the industry grew.
Gene reached out to me early on to help me learn the canola ropes- and he and his folks at PCOM were a multi year sponsor of this email- and of something that we called Canola TV. It was always a delight to drive downtown and spend some time at the PCOM complex (which is now mostly torn down) and learn about their processing of this black gold that many Oklahoma farmers were learning to grow.
PCOM faced hard times because of the drought that devastated our cotton production for several years- and with canola not reaching the potential that many thought it would- they scaled back and eventually got out of the canola business.
2010 was when we were in the midst of promoting canola with Gene and PCOM- and we thought we might include this trip down memory lane with a Canola TV segment where Gene was my guest:
It has been a few years since all of this occurred- along the way, Gene retired and in recent months faced his final battle on this earth- a battle with cancer that ended last week.
There will be a Memorial service for Gene Neuens at Ford Funeral Home on Saturday, February 3rd at 11:00- Ford is located at 305 So. Sooner Rd in Midwest City.
|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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