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We invite you to listen to us on great radio stations across the region on the Radio Oklahoma Network weekdays- if you missed this morning's Farm News - or you are in an area where you can't hear it- click here for this morning's Farm news from Ron Hays on RON.
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.
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:
Futures Wrap:
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
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, October 26, 2018
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story: In Indy at FFA-Kingfisher Ag Issues in Final Four- Ridge All Gas and No Brakes and Proficiency Championships to Come
It was a busy day for Oklahoma FFA members competing at the national level here in Indianapolis at the 91st FFA Convention.
Several individuals and teams got past the first rounds- but failed to advance into the national finals of their respective contest- including Ag Marketing, Conduct of Meetings, Prepared Public Speaking and Creed.
One team that did make the Final Four in their contest was Kingfisher FFA in Ag Issues. They presented a lively debate over the use of temporary water lines by the oil and gas industry- and offered an excellent overview of the issue- and how it impacts the farm and ranch community. We will know the winner of that contest tomorrow.
Our two American Star Finalists- Adrienne Blakey and Brady Womack- saw their programs spotlighted on the Big Screen on Thursday evening- but neither were able to bring home the top prize. The four American Stars for 2018 included Austin Stanton of Missouri- Star Farmer, Colin Wegner of Minnesota- Star in Ag Placement, Eric Koehlmoos of Iowa- Star in Agriscience and Benjamin Curtin of Illinois- Star in Agribusiness.
The 23 National Officer Candidates that remain- including Ridge Hughbanks of Alva- remain in the "waiting" mode this morning- they will not find out their fate until late Saturday afternoon- after President Trump has come and gone from the National Convention as he will address that final general session in Bankers Life Fieldhouse. We talked to Ridge last night- and have a story for you to check out by clicking or tapping here- you will enjoy his comments about the process and what his dreams are if he hears his name called.
Finally- we remind you of what is coming- the 42 Proficiency areas will be in the spotlight this afternoon- Oklahoma has 21 National Finalists- hoping to hear several of them proclaimed as National Champions before the afternoon is over- we will be there and letting you know via Twitter and via Facebook along the way.
As we bring you coverage from Indy this week, be sure to keep in mind that we will be updating our FLICKR account with pictures of those student competitors from Oklahoma at convention that you won't find anywhere else. Check it out throughout the week, here.
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Sponsor Spotlight
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2018 Oklahoma City Farm Show.
Up next will be the Tulsa Farm Show in December 2018- the dates are December 6th, 7th and 8th. Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2018 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
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To commemorate 75 years of partnership with the National FFA Organization, John Deere CEO Sam Allen, presented a check for $75,000 to the FFA Living to Serve Platform yesterday during the 91st National FFA Convention taking place this week in Indianapolis. The funds are in addition to the wide range of support for FFA activities already sponsored by Deere.
We spoke briefly with Allen, after his presentation of the $75,000 check to talk about the company's contributions to the FFA that have been made over the years and where the company itself is headed in the future. Allen explained that he chose to contribute to The Living to Serve Platform, which inspires FFA members to put leadership into action through service activities in their communities, because it fit so well in line with John Deere's own philanthropic efforts. John Deere is the longest-running corporate sponsor of the FFA, having made its first $1,000 contribution in 1943. Since then, John Deere has provided funds totaling more than $13 million to the National FFA Organization.
In addition, Allen says John Deere is working to prepare itself for the future of agriculture and to position itself in a manner so that it will be able to continue to help farmers be their most productive. He says since 2012, the field of precision agriculture has grown at an exponential pace. He says John Deere has recognized that this is the future of the ag industry and is shifting its focus to keep up with innovation that is happening all around us.
"Certainly, we think the company is moving more and more from being about just the iron and more and more about the technology," he said. "We are literally at the point where we're going from managing a farm to managing a field to managing a plot to managing a plant. The ability to take 1,000 acres and manage it plant by plant is the technology that is coming into play and John Deere is investing heavily to be ready to support farmers in doing that."
Listen to our complete conversation with Deere & Co. CEO Sam Allen, by clicking or tapping here. Special thanks to our Convention Coverage Sponsors at ITC - Your Energy Super Highway and the Oklahoma FFA and Oklahoma FFA Alumni Associations.
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Ag Secretary Sonny Perdue has confirmed that the second round of Market Facilitation Payments for farmers will be coming in December. His verbal confirmation came during an interview on the sidelines of a listening session held in Champagne County, Illinois where he told reporters he was there to assure farmers that his agency was looking at the current trade situation to help make their final determinations.
He clarified that if certain trade disputes were resolved before payments went out and markets recovered, farmers would have the opportunity to take advantage of the chance to sell their products rather than rely on a government check. Perdue noted that this notion was received with universal applause by those in attendance.
As for next year... farmers should not expect to receive more payments to compensate them for losses due to the Trump Administration's trade policy goals. Perdue told farmers at the event repeatedly, that they should look to diversify their operations in order to avoid the market disruptions caused by the Trump Administration's rebalancing of trade. He explained the market disruptions that have been forced on farmers were made after they had planted their crops this year. He says moving forward, farmers will have the chance to judge by the market what crops they can be profitable at and make their decisions as they always have that way.
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Despite the ample rainfall that has accumulated over the past few days and weeks, drought in Oklahoma continues to hang on by just a sliver, covering a mere 1.6% of the state. The remaining drought area is located in the northeastern corner of the state. The potential of that being totally eliminated is well within the real of possibility as the area should receive more moisture between now and next week with continued favorable forecasts over the near future. Here's a look at this week's Drought Monitor... as you can see - the drought has all but dried up so to speak, except in the northeast corner of the state.
For a closer look at this week's Drought Monitor or to review the latest Mesonet Ticker report from State Climatologist Gary McManus, click here.
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Sponsor Spotlight
The Oklahoma Pork Council is a producer organization representing the interests all of pork producers throughout Oklahoma.
Pork Famers in Oklahoma recognize our obligation to build and maintain the trust of customers and the public in our products and our practices. To promote confidence in what we do and how we do it, we affirm the following ethical principles: food safety, animal Safety, environment, public health, employee care and the communities in which we operate.
Click here to learn more about the Oklahoma Pork Council.
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In a wide-ranging interview, the CEO of the R-CALF organization, Bill Bullard, talked about a couple of different issues that have been discussed within the beef cattle industry in recent years. He explained his organization's policy on those issues and the viewpoint its members are coming from. One of those issues that Bullard has been very vocal about is of course his belief that a mandatory country of origin labelling (COOL) law should be implemented, which would identify domestic beef in grocery stores as being Made in the USA.
"In 2002, Congress passed the COOL law in response to the growing tide of imported food products coming into the US. Congress recognized that US producers could not compete with this substitute product in the marketplace unless they could distinguish their own product," he said. "Well, the fact is, meat packers are buying the imported products - the same meat packers that are buying our cattle - and it's to their benefit not to distinguish the product because they can source it cheaper and sell it for the same price as a US product. Their margins are increased."
Bullard says he recognizes that to distinguish Made in the USA products is against the financial interest of packers and therefor understands why they would not want to take it upon themselves to label products. But, in the interest of the cow/calf producer, who has no control of what the packers do with their cattle after they have been purchased, says he is appealing to Congress to mandate packers to adopt this practice in order to give producers a leg up in the market. While he says R-CALF members support this measure, the conversely do not support a mandatory animal identification traceability program. He says this forces producers to relinquish valuable information to packers with no benefit to them. In his mind, if a packer wants that information, they should have to pay the producer for it. He says there is already programs like this where packers are paying premiums for cattle that come with background information on the animal's origins and how it was raised. But he says a mandated program cuts the producer out of any potential profits from this value-added service.
"Once there is a government mandate either through the corporations who control the marketplace or by the government, those premiums evaporate and producers lose," Bullard said. "If there are packers who are selling beef that they want this additional valuable information - we want the packers to have to pay a premium for those cattle. If the retailers want specific standards they should communicate that to the producers and in our free market system of cattle production - we will have entrepreneurs that will step forward and take full advantage of that. But again, that will all go away under a mandatory program."
Listen to Bullard explain his position further on these topics, on yesterday's Beef Buzz, here, or click here to listen to his full conversation with Hays for more.
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Kim Anderson Says Price of Wheat has Slipped, But Producers Should be Ready to Sell in February
The price of wheat has fallen over the past couple week, down as much as 40 cents. OSU Extension Grain Market Economist Dr. Kim Anderson tells SUNUP Host Dave Deeken, several things are at play in the market that have contributed to this price decline, including an increase in the Dollar Index, low US export sales and a large production by the Russians.
Anderson says it would be accurate to say the domestic wheat market is being set up for a short-term downtrend. Prices will eventually improve he says - but not until export sales do. That, he says, is totally dependent on when Russia runs out of wheat to sell, which he calculates will occur sometime around the first of the new year. He advises producers that can afford the 50 cent price risk to store their wheat until sometime in December or January when he believes prices are set to improve. Otherwise, he says take the emotion out of the equation and sell your wheat in lots between now and then.
You can watch their visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now and see what else is on the lineup for this week's episode, by clicking here.
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Want to Have the Latest Energy News Delivered to Your Inbox Daily?
Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.
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Oklahoma's Congressional Delegates Recognized by Ag Industry - Earn Friend of Farm Bureau Award
Five members of Oklahoma's congressional delegation including Sen. Jim Inhofe, along with Rep. Tom Cole, Rep. Frank Lucas, Rep. Markwayne Mullin and Rep. Steve Russell, were recently honored with the American Farm Bureau Federation's Friend of Farm Bureau Award for their efforts to support Oklahoma farmers and ranchers during the 115th U.S. Congress.
Each award recipient was nominated by the Oklahoma Farm Bureau Board of Directors for having earned at least a 70 percent voting record with AFBF's priority issues including the farm bill, trade, regulatory reform, immigration reform, tax reform and more.
Rodd Moesel, OKFB president stated that "These lawmakers not only understand and value the concerns of Farm Bureau members, but also work to remove any barriers that hinder Oklahoma agriculture from continuing to produce safe and affordable food for the world."
To learn more about AFBF priorities, click here.
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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, Oklahoma Pork Council, 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!
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.
God Bless! You can reach us at the following:
phone: 405-473-6144
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