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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 a total of 528 cattle on their showlist for the Wednesday,
September 19th sale of finished cattle- details will be available after noon today by clicking here.
Steer and heifer calves sold 3.00 - 6.00 higher on Tuesday
compared to last week at OKC West
- click or tap here
for a look at the September 18th sale results.
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
Wednesday, September 19, 2018
|Bill Buckner Announces His End of the Year Retirement from Noble Research Institute
Bill Buckner announced on Tuesday that he will retire as president and chief executive officer of the Noble Research Institute at the end of 2018.
Buckner was selected as Noble's eighth president in 2011 and has led the organization for seven years. "There are no words to properly express the thankfulness I have for my time at Noble," Buckner said. "Every day at Noble, I have the opportunity to positively impact agriculture and contribute to something greater than myself. I am honored to be a part of the Noble legacy, and I'm excited to see the next chapter unfold for myself and the organization."
Russell "Rusty" Noble, a member of the Board of Director's executive committee and founder Lloyd Noble's grandson, hailed Buckner's tireless pursuit to advance agriculture. "When you meet Bill Buckner, you know one thing for sure: he loves agriculture. He is a passionate advocate for the sector," Noble said. "During his time at Noble, Bill worked tirelessly to promote soil health and create innovative new solutions that could open up new opportunities for farmers and ranchers. The Noble Foundation Board of Directors and all the employees offer a whole-hearted thanks to Bill for all of his work."
One of the most significant accomplishments of Buckner has been his work to establish the Noble Research Institute. Originally known as The Samuel Roberts Noble Foundation, Noble separated its research and education operations from its philanthropic activities in 2017.
The organization's research, education and consultation activities continued forward under a new name, the Noble Research Institute, LLC, and became one of the country's first agricultural research organizations, a new type of 501(c)(3). The philanthropic activities, including grant-making and scholarship programs, of the original organization were placed in a new, private foundation, which carried the name traditionally associated with the organization's community giving, The Samuel Roberts Noble Foundation.
Click or tap here to read more of how Bill Buckner guided Noble during his time in Ardmore-
Noble is one of the most remarkable treasures that we have in the state of Oklahoma that has improved the well being of the many farmers and ranchers they have interacted with- Bill Buckner's modern day vision of what Lloyd Noble had in mind for this organization has been remarkable- Thank you Bill for taking on the challenge- for accomplishing so much- and for leaving the Noble Research Institute in a position to accomplish SO MUCH More.
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Beef Markets Surprise with Unseasonable Fundamental Strength Supported by Cheaper Corn Stocks
Cheaper corn in the marketplace have apparently given some unexpected support to fall calf prices, so says Jim Robb, director of the Livestock Marketing Information Center. With a record corn crop expected this year, based on numbers out from the latest USDA Crop Progress report, the economics of the cattle feeding business look promising in the months ahead. According to Robb, historically, a 10 cent move in the corn market either up or down, results in a correlated reverse of calf prices in the Southern Plains by roughly a dollar per cwt.
"Clearly, corn is a major cost of production for the feedlots and that feeds back into calf and yearling prices rather quickly," Robb said. "Now, we already had our breakevens for placing cattle last month at $128/cwt. So, we've already taken these cattle up, but they continue to ratchet up on the corn crop- probably more than anticipated."
According to Robb, things are looking up in the wholesale side of beef as well. Now is typically the time of year during which we see boxed beef marking lower nearly every week. However, Robb says market fundamentals tell a much different story, currently.
"I think the major story is that the market is that on the negotiated side, the tonnage was very robust last week," he said. "In fact, the largest tonnage for any week in that negotiated trade since mid-July. So, we've moved a lot of meat in the marketplace. That's a pretty positive sign, especially at this time of year, and reflects underlying consumer demand for products."
Listen to Robb's complete analysis of the surprisingly positive trends that have developed in the beef markets as of late, on yesterday's Beef Buzz - click here.
Okarche Dairy Producer Angie Meyer Offers Some Perspective on Ice Cream's Unassuming Origins
Over the weekend, our own Carson Horn had the chance this year to serve as a judge for the Oklahoma State Fair's Cow to Cone Ice Cream Contest, sponsored by DairyMax. Also serving as judge, was Angie Meyer, a dairy producer from Okarche, Okla. who spoke with Carson about some of the challenges the dairy industry faces today and why public events like this and other efforts by DairyMax are important to both the producers and their consumers.
"We have challenges all the time and things don't always go the way you would like," she admitted. "For instance, the labor issue with immigration. That's definitely being talked about and discussed and it's a high priority for us right now."
One harsh reality about the business that dairy producers are dealing with right now, is when the cost of feed is actually higher than the price of milk. This is a challenge that she says dairy farmers have time and again have had to deal with, causing them to struggle just to breakeven in many cases. Another issue is that dairy consumption has decline some recently, facing new competition from dairy alternatives that have adopted the term 'milk' in describing themselves, much to the dairy industry's chagrin.
"So, you have to have a passion to do this 365 days a year. There's not a day off... cows don't take Sundays off," she said. "For us to get up every day and continue to face those challenges and struggles - it's because we love what we do, and we love providing a safe, nutritious, wholesome product for our families and yours."
Click here to jump to the original story
to continue reading or to hear Meyer explain why she supports DairyMax and the organization's mission to promote and educate consumers about dairy and its vital role in a nutritious and balanced diet.
OSU Emeritus Extension Animal Scientist Glenn Selk touched on the ideal body condition to keep replacement heifers and the nutritional requirements needed to maintain that level for the best opportunity at successful calving this winter, in his article for this week's edition of the Cow/Calf Corner newsletter.
Ideally, Selk says two-year-old heifers should be in a body condition score "6" at the time that their first calf is born. Bred replacement heifers that will calve in January and February will need to continue to grow and maintain a body condition score at that level. This will allow them the best opportunity to provide adequate colostrum to the baby, repair the reproductive tract, return to heat cycles, rebreed on time for next year, and continue normal body growth. From now until calving time, he says a heifer will need to gain about a pound per day, assuming that they are in good body condition already.
Selk says that if available, wheat pasture can be used to supplement heifers' nutrition to get them up to their goal weight. However, wheat pasture should be used judiciously as too much will cause heifers to be overweight by the time their pregnancy reaches term which could result in difficulty calving. He advises a one-day rotation on wheat pasture to every two days on either native or Bermuda grass to keep heifers at an appropriate weight.
for more of Selk's advice about how to take advantage of this potential opportunity, in his full article for this week's Cow/Calf Corner
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.
Registered Angus breeder, Jed Connealy of Connealy Angus Ranch at Whitman, Nebraska recently shared his thoughts about how the new Angus Link program benefits all segments in the beef business, in a short video shared by the folks at Certified Angus Beef.
According to him, Angus Link can be very valuable for any commercial Angus producer because it not only helps market their calves, but it also helps promote them to feedlots and reveals calves' genetic merit and potential to the feeder. Connealy says he uses the program as a tool to gauge his herd's strong suits and weaknesses so he can gradually address those issues as they become apparent.
"Use it. It's a tool. Facts are facts, and numbers are numbers and if we are scared of those numbers, making progress is going to be a hard thing to do. So, if those scores aren't where you want them to be, the quickest way to improve a herd is through genetics," he contended. "For the investment that you make in your herd and in your livelihood, it is just something you can use to fine tune."
Keep reading or watch Connealy expound on that thought in a short video clip shared with us by the folks at CAB, by jumping over to our website
Corteva Agriscience announced yesterday a series of changes to its leadership structure designed to optimize the company's ability to deliver growth and value while also expediting the process of separating from its parent company, DowDuPont.
James C. Collins, Jr., who has served as chief operating officer of the Agriculture Division, will lead Corteva Agriscience as CEO upon its separation from the Company, which is expected to occur by June 1, 2019. Collins is charged with preparing the company's various properties to function efficiently as a unified, independent company that integrates the business and commercial platforms supported across the seed, crop protection, and digital businesses.
Collins says the company's "best people" are being placed in the appropriate roles to best serve Corteva's customers "as a multi-brand, multi-channel business and drive growth into the future."
For a closer look at this new structure and which executives will combine to make up the leadership team reporting to Jim Collins, click here.
|USDA Announces $102.7 Million Investment to Expand Markets for Specialty Crop and Other Farmers
Under Secretary Greg Ibach announced this week that the USDA is investing $102.7 million to increase opportunities for farmers, ranchers and other growers across the country through five grant programs. The funding supports a variety of locally-led projects intended to expand markets for local food promotion and specialty crops.
"Every state has agricultural priorities that contribute to the well-being of farm families, consumers and the economic health of rural America," said Ibach. "These programs target resources to the state, local and regional level where the people who understand the issues best can find solutions that help everyone."
The resources announced today are administered by USDA's Agricultural Marketing Service (AMS) and include: $72.15 million directed to state departments of agriculture in 50 states, the District of Columbia and five U.S. territories to support farmers growing specialty crops, including fruits, vegetables, tree nuts, and nursery crops; $13.35 million is directed to 49 projects supporting direct producer-to-consumer marketing projects such as farmers markets, community-supported agriculture programs, roadside stands, and agri-tourism; $13.45 million directed to 44 projects to support the development and expansion of local and regional food businesses to increase domestic consumption of, and access to, locally and regionally produced agricultural products, and to develop new market opportunities for farm and ranch operations serving local markets; $2.67 million was awarded to six projects to support the efforts of states, tribal governments and research institutions to increase market opportunities for the domestic maple syrup industry; and $1.1 million went to nine projects to assist in exploring new market opportunities for U.S. food and agricultural products and to encourage research and innovation aimed at improving the efficiency and performance of the marketing system. The complete list of FY 2018 grant recipients are available in the full article which can be reviewed, here.
| Register Now to Attend the 2018 Beef Industry Conference to be Hosted by OSU October 18 and 19
Cattle producers are invited to learn about the latest best management practices that can help maximize profit potential from some of the region's leading beef industry experts, at the Oklahoma State University Beef Industry Conference. The conference will begin at 8:30 a.m., finish about mid-afternoon and will take place in the OSU Conoco-Phillips Alumni Center. Cost is $75 per participant if registering before Oct. 13 and $100 thereafter.
Featured speakers for the event include Jason Douglas of Micro Technologies; Janeen Salek-Johnson, holder of OSU's Temple Grandin Professorship in Animal Science and Wellbeing; Dr. Jared Taylor, OSU veterinarian and associate professor of veterinary pathology with the university's Center for Veterinary Health Sciences; George Perry, South Dakota State University Cooperative Extension beef reproduction specialist; Angus Link Field representative Casey Cobb; and Gary Fike, director of commercial marketing for the Red Angus Association of America.
The Oct. 18 pre-conference training event will take place at the OSU Animal Science Totusek Arena, and will feature a variety of expert speakers as well.
Those interested are asked to pre-register as soon as possible. For additional information about the conference including lodging and registration details, click over to the calendar page on our website.
|Our thanks to Midwest Farms Shows, P & K Equipment, Livestock Exchange at the Oklahoma National Stockyards, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, the 2018 State Fair of Oklahoma, 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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