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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.
FedCattleExchange.com has 892 head of cattle on their showlist for the Wednesday, February 5th sale of finished cattle - click here to jump to the website.
Mixed Prices for Yearlings Monday at the Oklahoma National Stockyards- Dry Weather Pushing Cattle Off Wheat Pasture to Market- Click or tap here for more details.
Joplin Market had reduced receipts on Monday due to Winter Weather- Calf Trade saw Higher Money- click here for details.
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
Tuesday, February 6, 2018
As the 2018 legislative session begins this week, property taxes and rural healthcare are among the leading issues for Oklahoma Farm Bureau as it represents its members at the state Capitol. The organization boiled its message down to just a few simple points for state lawmakers.
Topping their list, OKFB headlined with their stance on keeping ad valorem taxes low; preserving the ag sales tax exemptions; enhancing rural healthcare; and protecting private property rights.
Private property rights have always been cornerstone to Farm Bureau members. This year, OKFB will advocate for landowners in rights-of-way easements, particularly in regard to oil and gas pipeline easements.
Providing landowners every opportunity to eradicate feral swine on private property is also high on the list for OKFB members. The invasive species wreaks havoc on Oklahoma farms and ranches and causes an estimated $1 billion in damage to agriculture across the country.
Other priority issues include continued funding for the maintenance and construction of rural roads and bridges and continued legislative appropriations for the Oklahoma State University Cooperative Extension and research programs. Click here
to read more about these policies adopted by OKFB in preparation for the upcoming 2018 Oklahoma Legislative Session.
Oklahoma AgCredit supports rural Oklahomans with reliable, consistent credit. Part of the 100 year old Farm Credit System, Oklahoma AgCredit offers variable and fixed interest rates to help you manage your budget.
Talk to a local team who understands agriculture. Talk to Oklahoma AgCredit. Financing rural Oklahoma. Equal housing lender.
|The Man Who Wrote the Book on Regenerative Agriculture Says Conservation is the Fifth Agricultural Revolution
According to Dr. David Montgomery, author and professor at the University of Washington who spoke to farmers during the 22nd Annual No-Till on the Plains Winter Conference, our soils around the world have been severely degraded due to conventional agricultural practices. In a recent interview with our Associate Farm Director Carson Horn. Montgomery says about half of our soil organic matter has been degraded worldwide due to conventional, modern agricultural practices and our soil's health continues to erode at an alarming rate.
"The pace of global soil degradation at present, shows we're losing 0.3 percent of our agricultural land capacity globally each year," he said. "That sounds like a small number, but you play that out over the next 100 years and we'd be on track to lose a third of our agricultural productive capacity while we're on track to raise our population by 50 percent. Those numbers are working against each other."
However, Montgomery contends that conservation farming techniques will not only help to keep further degradation from happening, it could potentially reverse the process. He says he found a "winning recipe" which can be utilized on farms to regenerate soil health.
Montgomery says yields, under his prescribed management system, were able to be maintained if not increased - as was profitability on these farms. His research and experiences have led him to believe that the industry may be headed for a turning point, where conservation and regenerative agriculture is the focus.
"We're at the cusp of a fifth agricultural revolution - one that's really rooted in promoting soil health," he concluded. "The hope is that by rethinking practices through the lens of soil health, we can actually turn around the long-term degradation that society has done through. If we can turn that around it would be truly revolutionary."
Click here to read more and listen to Carson's full interview with Montgomery as he explains the process and benefits of regenerative agriculture.
|Oklahoma Cattlemen's Foundation Hosts Beef AgVocacy Seminar Thursday, February 8th in Yukon
The Oklahoma Cattlemen's Foundation will hosting an AgVocacy Seminar on Thursday, Feb. 8, 2018 at Cimarron Fields Event Barn
, near Yukon, Okla
. The seminar will begin at 9 a.m. and conclude by 4 p.m.
According to Tiffani Pruitt
, Oklahoma Cattlemen's Foundation coordinator, the seminar will feature a trio of speakers who are engaged agriculturalists genuinely concerned about agriculture literacy, or the public's knowledge of Agriculture.
The speaker lineup for the day includes Ann Burkholder
from Cozad, Nebraska who is author of the Feedyard Foodie Blog, a Nebraska Feedyard Operator, wife and mother of three.
Also, Brandi Frobose
of Greeley, Kansas, who is a mother, a blogger, a runner and currently works as the Communications Coordinator at Red Angus Association of America will speak.
And last but not least, Ryan Goodman,
who grew up on a progressive cow/calf and stocker cattle operation in Arkansas and now serves as Director of Grassroots Advocacy and Spokesperson Development for NCBA, will share how he builds working relationships with producers and provides producers with the tools and education they need for better advocacy and communication.
The cost to attend the event is $25. Lunch will be included. To learn more about the event and how to register, click 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.
|2017 a Great Year for Producers - Here's CattleFax CEO Randy Blach's Advice for Keeping It Going
Suffice it to say, it was a good year for the beef business according to Randy Blach
of CattleFax, who spoke to producers at the National Cattlemen's Beef Association and Cattle Industry Convention in Phoenix, Arizona this past week. He also spoke briefly with me about this past year and how its success has positioned the markets for the year ahead.
"We hit on all cylinders. The market was better in all aspects than we anticipated," said Blach looking back on the performance of the past year. "We had more profitability at every industry segment than we anticipated. It was the second best return year in the history of the US cattle industry. That's saying something when you go through the ups and downs and the cycles we've had over the last 30 and 40 years."
Blach says there were two things specifically that factored into this unexpected profitability and strength in markets. One, he says, was that the industry stayed "incredibly current," while weights were also down significantly which helped to offset much of the increase in cattle supplies. The single biggest contributing factor, though, was that demand was so robust. In regard to 2018, Blach says maintaining, even growing export demand will be of the utmost importance for producers.
"We've got record protein supplies. The biggest production of pork, poultry and beef in the history of the US this year," he said. "You roll them all together and we're looking at significant increases in protein supplies. So, what that tells us is demand has to continue. It was a record year for protein exports for the US, but we'll need to see those numbers increase in order to keep that per capita meat consumption level that are quote 'sustainable.'"
Listen to Randy Blach of CattleFax speak with Ron Hays about the success of the beef business this past year and what it will take to keep that success going, on today's Beef Buzz - click here
Our coverage of the 2018 Cattle Industry Convention and NCBA Trade Show was powered by Farm Data Services
of Stillwater this year - learn more about how they can help your farm or ranch operation's bottom line in a variety of ways by clicking here
A new website developed by the Department of Agriculture offers a one-stop-shop for farmers and ranchers to conduct business with USDA.
While visiting Michigan last Thursday, Agriculture Secretary Sonny Perdue
unveiled the website, Farmers.gov
USDA describes the website as a streamlined, single point of online access to agricultural programs and information, tools and personal advice for agriculture. Perdue told the Michigan Farm Bureau the website will help producers complete paperwork "without taking a big chunk out of the day."
The website gathers together the three agencies of USDA's Farm Production and Conservation mission area: The Farm Service Agency, the Natural Resources Conservation Service, and the Risk Management Agency.
USDA says new functions will be added soon, including an interactive calendar, an online appointment feature, digital forms, and a business data dashboard.
to read the original announcement from USDA, on our website.
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During the Cattle Industry Convention, American Hereford Association Executive Vice President Jack Ward, AHA Director of Breed Improvement Shane Bedwell and Certified Hereford Beef Operating Officer Amari Seiferman shared how Hereford genetics can maximize the value of the commercial herd by leveraging traits such as fertility, feed efficiency, docility and feedlot profitability.
"The AHA had another strong fiscal year in which the AHA reported increases in all aspects of business and a new strategic plan set in place, the Hereford breed is well-positioned to move the cattle industry forward," Ward said. "We have a membership committed to the commercial industry and creating value and efficiency throughout the production system."
The AHA launched its first updated EPDs and corresponding accuracies using the Biometric Open Language Tools genetic evaluation software on Dec. 4. Along with this, AHA also released two new traits - Sustained Cow Fertility (SCF) which is a longevity and fertility trait blended together, and Dry Matter Intake (DMI), an economically relevant trait on the cost side for feeding cattle.
However, AHA contends that the cheapest and most profitable technology available to cattle producers is heterosis. Recent research has documented that calves sired by Hereford bulls have a $30 per head advantage in feedlot profitability, and females have a maternal advantage of 7% higher pregnancy rates when comparing the Hereford-sired females to Angus-sired females. Data also proves a net income of $51 more per cow per year and a significantly higher selling price for bred heifers.
"Heterosis adds value across the board," Bedwell said. "As we look to grow beef supply, one thing we can do is give commercial breeders tools to make good decisions capitalizing on breed complementarity. If we can take out some of the guesswork and let heterosis play its role, we're in a good spot as an industry. Hereford has proven itself over and over again through research and trait progress."
Continue reading more about the benefits Hereford genetics can add to your herd, and learn more about the recent efforts of AHA to jumpstart their position in the industry through the launch of a new strategic plan, by clicking or tapping here.
| House Ag Committee Chair Conaway Needs Must Pass Bill to Insert Cotton and Dairy Help Into Ahead of 2018 Farm Bill Mark Up
House Agriculture Chairman Mike Conaway says Congress should attach provisions to help cotton and dairy farmers to any must-pass bill before the farm bill comes up. Speaking at the Crop Insurance Industry Annual Convention Monday in Phoenix, Arizona, Conaway signaled that he is no longer focused on just convincing the Senate to include the aid in the disaster bill.
Conaway told the audience he has found a way to fix the cotton program in the farm bill, but adds that "dairymen need help now." He says that Title 1, the commodity title of the farm bill, is "on hold until we see what we get on a must-pass bill."
Conaway says he would take any bill that has to get to the president's desk for signature. As for the farm bill, he says "the good news" is Congress does not have to make mandatory cuts, like the 2014 farm bill, noting farm bill spending has decreased $100 billion since 2014. Conaway says Senate Ag Chair Pat Roberts would like to bring up the bill in March, but that it probably won't be ready.
Speaking of Chairman Conaway and his Committee- they will be hearing from Ag Secretary Sonny Perdue this morning- starting at 8:30 AM as he offers his take on the status of the US Farm and Ranch Economy- I'm sure that 2018 Farm Bill will be mentioned once or twice.
for the Committee's website- where you can watch the hearing live- look for the big red box on the left hand side of the page that says "Watch Live Hearings".
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