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for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
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|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Monday, February 5, 2018
CattleFax Senior Analyst Kevin Good Predicts Large Cattle Supply and Strong Beef Demand in 2018
Although beef production is expected to increase to 27.5 billion pounds during 2018, CattleFax says current consumer demand is expected to remain good and potentially increase. Moderating prices.
At the 2018 Cattle Industry Convention in Phoenix, Arizona, CattleFax celebrated its 50th anniversary with the CattlFax Outlook Session. Analyst Kevin Good
told the audience U.S. beef cow inventory increased 2.8 million head in four years, and an additional 200,000-400,000 head are expected to be added to the herd over the next few years.
Good said there are growing supplies of protein coming to market during the year ahead, including large supplies of competing proteins, which will weigh on all beef prices.
However, "demand is robust on all fronts," according to Good, who says retail demand is increasing and beef is being featured more in the consumer markets. Input costs are expected to remain manageable, with grain prices expected to remain steady.
CattleFax analysts predict fed cattle prices lower than prior year levels, averaging $115 per hundredweight.
I had the chance to speak to Good after his presentation at the Convention. You can click or tap here
, to listen to him further explain his expectations for the year ahead, on Friday's edition of our regular Beef Buzz segment. Special thanks to our friends at Farm Data Services
for making our coverage of the NCBA Convention possible.
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.
Session Critical to OK Agriculture
In AFR President Terry Detrick's view, the 2018 Oklahoma legislative session that convenes, today, will be "one of the more important sessions in recent history due to the continuing state budget shortfalls."
After two special legislative sessions, state lawmakers still have not been able to resolve the budget. A group of Oklahoma business leaders recently took it upon themselves to formulate a plan called Step Up Oklahoma. Included in this plan is a 6 cent per gallon fuel tax increase, changing legislative term limits, reducing the percentage of votes needed to pass a tax increase from 75 to 60 percent, lowering the income tax rate, and a teacher pay raise.
Detrick applauded this plan and insisted that farmers were ready to do their part in turning the state's finances around.
"I commend those leaders from all walks of life who have advanced this proposal to improve Oklahoma," Detrick said. "We have a positive feeling about the direction of this proposal. However, we have to be cautious, as we have yet to see the exact details."
Detrick points out that the fuel tax increase would have a major impact on farmers and ranchers as many have to drive long distances on a daily basis. Additionally, Detrick has reservations regarding how the plan proposes to pay for a teacher pay raise, with an already pinched education budget.
The AFR President said he is looking forward to seeing the details of the Step Up Oklahoma plan.
Click here to continue reading or listen to Detrick share more of his thoughts on the Step Up plan.
|Cattle Industry Convention Concludes With New Leaders Installed for the Coming Year
Nearly 7,600 members of the cattle community enjoyed fellowship, fun, education and leadership opportunities during the 2018 Cattle Industry Convention & NCBA Trade Show, which ended in Phoenix, Ariz., Feb. 3.
Most in attendance enjoyed a huge trade show, with more than 350 exhibitors on more than seven acres of floor and outside space. Holding business meetings at the event were the National Cattlemen's Beef Association, Cattlemen's Beef Promotion and Research Board, American National CattleWomen, CattleFax and the National Cattlemen's Foundation.
Several Oklahomans were in key roles during the convention- and at least two will be in the cattle industry leadership in the days ahead- Clay Burtrum of Stillwater will once again be on the Operating Committee for the Beef Checkoff- being selected as one of the ten representatives from the Federation. Chuck Coffee of Springer(in southern Oklahoma) moved up the officer chain for the Cattlemen's Beef Board- and will serve over the next year as the Vice Chairman of the CBB. Brett Morris of Ninnekah ended his year as Chairman of the CBB in Phoenix.
Read more about the new leaders selected for the NCBA in the coming year by clicking or tapping here
- and in that story, we have an interview that you can listen to with Kevin Kester, the new President of the NCBA- a fifth generation rancher from California.
The nonprofit Center for Consumer Freedom, which runs the watchdog www.HumaneWatch.org, ran an informational ad during the Super Bowl asking Americans to give to their local animal shelters rather than the Humane Society of the United States.
The CCF has long criticized HSUS claiming the organization has an extensive history of corruption and false representation. The CCF, this Sunday, brought to light several recent examples of alleged behavior reported from within the HSUS organization.
"For years HSUS has fundraised on the backs of cats and dogs to pay for exorbitant executive salaries, legions of lawyers, and parking $50 million into offshore accounts," said CCF Managing Director Will Coggin. "It's clear that HSUS is humane in name only. It does not value its female staff, its donors, or the animals it uses as window dressing."
This commercial was airing even as word came in that Wayne Pacelle has been forced to resign as the CEO of HSUS.
The Friday Pacelle resignation came hours after the nonprofits board voted to retain his leadership, following a recent investigation
into claims of sexual misconduct of three employees. Pacelle denied the claims. He had served as the CEO of the group since 2004.
Seven board members resigned in protest
immediately after the board's decision. At least three women have come forward with statements about Pacelle- this after apparently Paul Shapiro
- Pacelle's right hand man, abruptly resigned at the start of the year under a cloud of sexual misconduct as well.
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Dr. Glynn Tonsor, professor of livestock marketing at Kansas State University, Dr. Jayson Lusk, distinguished professor and head of the Department of Agricultural Economics at Purdue University, and Dr. Ted Schroeder, professor of livestock marketing at Kansas State University, were commissioned by the Beef Checkoff to author a study on what factors drive beef demand, entitle: "Assessing Beef Demand Determinants."
Dr. Tonsor presented on the findings of this study at the National Cattlemen's Beef Association and Cattle Industry Convention last week in Phoenix, Arizonia.
According to Tonsor, this study showed that beef quality, consumer incomes, attention to beef in health articles in medical journals and the general media, and shifts in race composition of the U.S. population are key determinants affecting beef demand in the long term.
The authors of the study prepared five key recommendations for checkoff leaders to consider in making decisions about how to invest checkoff dollars:
1. Beef quality aspects such as taste, appearance, convenience, and freshness remain key for sustaining and growing beef demand.
2. External coverage of "hot topics" is likely to continue to be dynamic for the beef industry.
3. Increase collaborative approaches with the U.S. pork and chicken industries.
4. Recommend additional targeting of beef product development, messaging and marketing to consumers with particular dedmographic considerations.
5. Conduct a systematic evaluation of information sources available to gain beef demand insight.
Listen to my complete interview with Tonsor as he explains more highlights from this study, or review the entire report for yourself, by clicking here.
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Last week, Julie Grant of McAlester, Okla. was named a Significant Woman in Oklahoma Agriculture by the Oklahoma Department of Agriculture.
Grant's story in agriculture began with her parents who bought the local stockyards there in McAlester, from a conglomerate of five commission firms in 1974. Twenty-four years later, Grant and her siblings bought their parents out of the business. However, in 2009, Grant's brother suffered a fatal heart attack. After his passing, Grant's husband, Lindsey, took on a larger role at the stockyards.
Under their management, Union Livestock Market saw its sale day change from Mondays to Tuesdays to allow employees the chance to attend church and enjoy their weekends, as the previous schedule required a lot of work on Sundays in preparation for the next sale.
Lindsey has since also started and led a cowboy church out of the sale facility. The congregation began with just over a dozen people but now has a regular following of more than 100.
Last year, they ran about 80,000 head of cattle through the McAlester Stockyards. The fall usually has the bigger runs with 2,000 to 3,000 head a week, and the spring numbers range from 1,000 to 1,500 head weekly. People bring cattle from all over Oklahoma as well as Arkansas, Texas, Missouri and Kansas.
The National Pork Board has named Leon Sheets, a pig farmer from Ionia, Iowa, as America's Pig Farmer of the Year® for the remainder of 2017-18 program year. The previous winner and Oklahoma native, Leslie McCuiston, stepped down after taking a new position in the agricultural industry where she will not directly work with pigs, which is an ongoing requirement for the role.
"With the unexpected change, the National Pork Board reached out to our America's Pig Farmer of the year judging panel," said Terry O'Neel, a pig farmer from Friend, Nebraska, and president of the National Pork Board. "The panel unanimously voted to elevate Sheets, a finalist from last fall, with the move adopted and supported by all members of the National Pork Board."
Sheets raises 33,000 pigs on his farm in northeast Iowa, where he focuses on animal care and environmental sustainability.
The annual award recognizes a pig farmer who excels at raising pigs using the We CareSM ethical principles and who connects with today's consumers about how pork is produced. Leon will serve in the role until a new America's Pig Farmer of the Year is announced in October 2018.
Click here to read more about Sheets, his operation and the decision to place him in this interim role for the pork industry.
|Oklahoma State Claims Top Honors at Fort Worth Stock Show Livestock Judging Contest
It was another dominant performance by the Oklahoma State University Livestock Judging Team- this time at the Fort Worth Stock Show.
The OSU squad won easily over second place Texas A&M and third place Texas Tech,
OSU had four of the ten top overall individuals- with PD Miller placing first, Lori Edwards second, Haley Stark sixth and Blake Goss ninth.
Miller topped the Horse and Hog Divisions- as well as the best in Reasons while Blake Goss topped Beef Classes.
In the Juco Division- Redlands CC out of El Reno placed third.
Click or tap here for the complete results from the Fort Worth contest.
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