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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 - 218 cattle were offered, though none actually sold. Click here to see their complete market results.
OKC West sold steer and heifer calves mostly
2.00-3.00 lower in Wednesday trade- click or tap here for details.
Superior Video Livestock Auction will be originating this week's Auction LIVE from Oklahoma City- starting with Superior Sunrise at 7:30 and the auction featuring 39,000 cattle at 8 AM THIS morning- Feb 22- You are invited to come and see how a real time video satellite auction works! Click or tap 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
Thursday, February 22, 2018
Texas Senator Cruz Doubling Down on RFS- No End in Sight on the Hold Against Bill Northey
At a bankrupt Philadelphia oil refinery, Texas Senator Ted Cruz
called on pro-ethanol President Trump to protect blue-collar jobs by reforming the federal biofuels mandate. The news site philly.com
said Cruz, who is making his case in part by blocking the Senate from voting on a USDA nominee, has made the Renewable Fuel Standard a major issue in his re-election campaign.
Cruz spoke at a rally at Philadelphia Energy Solutions a day after the Iowa Republican Party warned that he was endangering his chances of a repeat victory in the state's presidential caucuses with his four-month hold on Bill Northey.
If confirmed, Northey, the current Iowa Secretary of Ag, would be the No. 3 official at the USDA and would oversee its crop subsidy, crop insurance, and land stewardship programs. Cruz is holding the nomination hostage in hopes of persuading midwestern senators to modify the ethanol mandate.
After the Cruz appearance in Philadelphia, the National Corn Growers' President Kevin Skunes
offered a statement
to rebut the claims made by the Texas Senator:
"While most refiners are reporting double digit profit increases, Philadelphia Energy Solutions has filed for bankruptcy protection because its investors put their interests ahead of their workers' interests. It's disingenuous for Senator Cruz to claim he's looking out for refinery workers, when he's really looking out for Wall Street investors who made bad business decisions yet ensured they got their payout first, putting refinery jobs at risk.
The National Corn Growers claim that the charges made by this refiner and by Senator Cruz is bogus- "Whether it's the EPA, financial analysts or university experts, all confirm refiners are not facing a RINs price impact because they recover any costs through the price they receive for their refined products."
Agricultural interests are furious with Senator Cruz for the continued hold on the nomination of Bill Northey- but it appears Senator Cruz, running for reelection, is not likely to fold on this stance anytime soon.
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.
|LMIC's Jim Robb Says Next On Feed Report will Tell a Tale of Dry Conditions Across Southern Plains
This coming Friday, the United States Department of Agriculture will release its regular monthly Cattle on Feed report based on February 1st data. Jim Robb of the Livestock Marketing Information Center sat down recently with me to share his thoughts on what this upcoming report might show.
"I think it's a tale of dry conditions and the Southern Plains being the major part of the story in placements," Robb said, clarifying that a relatively large number of cattle have been placed during January compared to last year. "We placed a lot of animals in January because we slowed them down and we kind of delayed them into feedyards. Well, we're pulling them in early this year and certainly the drought conditions in the Southern Plains - Texas, Oklahoma and New Mexico especially - have been forced to place a lot of cattle into feedyards in the month of January."
Robb says the numbers from the Southern Plains could come in surprisingly large, again compared to a rather big number from last year. If this happens, Robb suggests that it might have a noticeable impact in the marketplace and drive fed cattle prices down later on. Also, Robb says marketings have been raised up a bit more on top of last year's good number, which he says when all totaled, leaves us with what he expects to be a 7 to 7.5 percent year-over-year increase to the on feed inventory.
"That's a little bit smaller year-over-year increase than we had last month," he said. "But, that's still a lot of cattle to work through. The concern is the timeframe that those animals come out of feedyards - certainly targeted to summer months. That's the time where this fed cattle market and the feeder cattle markets will come together."
Hear Jim Robb and I discuss his predictions for the upcoming Cattle on Feed report, by clicking here - or to view Allendale's estimates, tap here.
|What Makes Your Garden Grow? OSU Researchers Dig for Answers in Their Latest FooD Survey
OSU's Ag-Econ Department released the summary report of its February 2018 edition of the Food Demand Survey (FooDS) this week. The survey's ad hoc section this month focused on gardening and people's participation in growing their own food. About 40% of survey participants stated revealed that they do in fact keep their own garden.
Most participants stated their garden was smaller than a standard parking space for a car, while about 5% of participants said their garden was more than 1,000 square feet, roughly seven times the area of a parking space.
Some of the most popular produce grown in the gardens of those surveyed, include tomatoes, peppers and herbs. Some participants also stated they grow non-edible ornamental plants.
Regarding pesticide use, approximately 56% of participants say they never use any chemicals in their gardens. About 37% of participants answered that they will occasionally use them; and about 4% of gardeners surveyed, claim to use pesticides frequently.
When buying produce, over half of all participants surveyed stated they would prefer a "produce that looks perfect but was grown using traditional agricultural practices." About 47% of participants stated they would prefer "produce with some slight, cosmetic blemishes but was grown using organic practices."
To take a look at the complete summary report of this month's edition of the FooDS Survey for more highlights, click or tap here.
|Certified Angus Beef Insider Melissa Brewer Looks at the Evolution of How Consumers Now Buy Beef
In a new video release, Melissa Brewer, director of communications for Certified Angus Beef, explains how the progression of online shopping has evolved - changing the way people shop for groceries - including the way we buy beef.
With the advent of new home delivery services such as Amazon Prime and Amazon Fresh, meal kits like Hello Fresh and Blue Apron and others - Brewer says the food retail landscape is changing and continues to evolve. "We have been continuing to look at what is happening in that landscape and where fresh meat fits in within that portfolio," she said.
Despite the popularity of these home delivery services, though, data suggests that today's consumer is not quite ready for beef to be delivered to their door.
"The reality is that recent Gallup surveys showed that 84 percent of consumers still haven't purchased groceries online. And when you think about that, you're hearing a lot of buzz, but the reality is, they're still not willing to go there for their groceries," Brewer said. "Then when you look on further down into that basket, they're certainly not willing, yet, to put their dollars towards fresh meats, fresh produce, because they still want to be able to go into the store, be able to touch, to feel, to see the freshness of that product. And so, it's an interesting landscape right now from that standpoint knowing that consumers are absolutely interested in, are ever-more connected to their mobile devices and being able to make those transactions right online, but we still need to see how it's going to play out when it comes to, you know, the meat case and being able to take those fresh products home."
To read the full story or watch a video clip featuring Brewer explain why today's consumer may buy beef a bit differently than generations before, click or tap 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 Farm Bureau Names Former State Senator Ron Justice Vice President of Public Policy
As I reported on Monday- the Oklahoma Farm Bureau has named Ron Justice their new vice president of public policy. In his new role, Justice will direct the advocacy of Farm Bureau member policy at the state Capitol and throughout Oklahoma. He replaces LeeAnna McNally who has moved over to the Oklahoma Regents for Higher Education as their Government Relations Rep.
OKFB President Rodd Moesel said of Justice, "We're honored to have him take the helm of our policy efforts, and look forward to all he will accomplish for our farmers and ranchers."
Justice was employed with the OSU Cooperative Extension Service for 33 years before being elected to the Oklahoma Senate in 2004, where he served parts of Canadian, Grady and Kingfisher counties for 12 years. During that time, Justice served as vice chairman of agriculture and rural development, vice chairman of appropriations and chairman of the Republican Rural Caucus.
"Upholding the issues that are important to the people that live and work in rural Oklahoma has been a long-standing passion of mine," Justice said. "I'm eager to work hand-in-hand with Farm Bureau members to bolster our state's agriculture community."
|Hereford Sires to be Accepted into Integrity Beef Alliance Terminal Program
Established in 2000, the Integrity Beef Alliance is a comprehensive beef production system focusing on improving returns for farmers and ranchers through value-added traits and sustainability. This in turn produces the highest quality calves possible for both the supply chain owner and the consumer. The American Hereford Association announced yesterday that the IBA will now accept Hereford bulls as the newest breed sire in the program.
Hereford-sired cows have previously been accepted in the Alliance's replacement female program, which allows ranchers to pre-qualify for the terminal program. Producers will now be able to utilize Hereford genetics in the terminal program as well. Participants in the program follow strict, required herd health and bull protocols.
"The vision of this progressive group aligns strategically with the future growth and demand of Hereford genetics," says Shane Bedwell, AHA director of breed improvement and chief operating officer of the AHA.
The program works closely with Noble Research Institute consultants who assist in data collection, compilation and interpretation. This allows participants to receive reports at the end of the year summarizing their herd data and how they compare to the other cattle in the program - helping producers improve their own operations.
to jump to the full article on our website for more information on this new partnership.
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