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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 offered 229 head Wednesday with 0 cattle actually selling. Click here to see their complete market results.
OKC West sold feeder steers 1.00-2.00 lower and feeder heifers traded steady on Wednesday- click or tap here to read the full report from USDA Market News
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, November 1, 2018
It took almost two years- but Oklahoma has now had Secretary of Ag Sonny Perdue come calling- Oklahoma is the 47th state he has been in since assuming the position of Secretary of Agriculture- and the one day trip was jam packed- starting with lunch at Cattlemen's Steakhouse Event Center. AND- the entire Oklahoma Congressional Delegation was there- along with Governor Mary Fallin. (Oklahoma's First District seat is open because of Jim Bridenstine being appointed to be Administrator of NASA)
Secretary Perdue dialogued with the Ag Leaders in the room yesterday at noon- and you can hear that conversation- including a Farm Bill update from House Ag Committee member Frank Lucas
- by clicking or tapping here.
US Secretary of Ag Sonny Perdue was in town to address officials from across the country during the Farm Production and Conservation Leadership Summit taking place in Norman, Okla. He sandwiched two local events around that Keynote Address on Wednesday- both in Stockyards City. After the first of those events- We had the chance to join other members of the state's ag media to ask the Secretary a few questions about some of the more pressing ag issues currently - touching on several subjects including his plans for the second round of Market Facilitation Program payments to farmers affected by Chinese tariff pressure, that have been hinted at in recent comments with reporters.
The Secretary says it is still up in the air as to exactly when the payments will be made, but will in all likelihood be sometime after the Thanksgiving holiday either in late November or early December. Of the $12 billion that President Trump has committed to the program, Perdue says roughly half or a little less of that amount will be applied to this second round of payments. He says what happens after that will be dependent on how the trade climate fares - which in his opinion, is looking pretty bright with recent developments and the potential for new opportunities on the horizon. Perdue highlighted the Administration latest inroads on the trade front with KORUS, the USMCA and preliminary talks with the EU and Japan, before addressing the elephant in the room- China.
You can hear the complete Q&A session with Secretary Perdue for more on these topics and others by clicking or tapping here
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.
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Congressman Frank Lucas attended a luncheon in Oklahoma City hosted by Ag Secretary Sonny Perdue, yesterday, during which he took a moment to speak with us about his impressions of the progress being made on the 2018 Farm Bill, still being hammered out by House and Senate Ag leaders. According to him, some great progress has been made these last couple months on a staff-to-staff basis and believes leaders on both sides of the aisle are starting to come together - at least on the House side. For the Senate, he says it may not be until after next Tuesday before they can return the Farm Bill back into focus. Nonetheless, he says he is more confident now than he has been in the last nine months that a comprehensive Farm Bill will be complete before the end of the year.
Now what exactly that will look like, is another issue. But ultimately, he says it will probably mirror the bill he authored as House Ag Chairman back in 2014, albeit with a few tweaks here and there.
"By and large, it will be fully paid for and it will maintain the basic principles of the last Farm Bill," he said. "It will move us passed the next Presidential election and get us way down the road."
The main hang-up at this point will of course be the SNAP work requirements being pushed heavily by the sitting House Ag Chair Mike Conaway and President Trump. Lucas says neither the House nor the Senate will get its way on this issue, and we won't know what will actually happen on this issue until it does, remarking that this "will be the last piece of the pie that goes into the shell before it's baked."
House Agriculture Committee Ranking Member Collin Peterson and members Ted Yoho and Roger Marshall have
submitted a bipartisan letter to the Federal Motor Carrier Safety Administration in support of a petition to waive livestock haulers from certain provisions of Hours of Service (HOS) rules. The petition, was also signed by a number of major industry associations including the National Cattlemen's Beef Association, Livestock Marketing Association, American Farm Bureau Federation, American Beekeeping Federation, American Honey Producers Association, and National Aquaculture Association - all requesting increased driving hours for livestock haulers. In exchange for the agency's flexibility on this matter, the groups involved say they are agreeable to possibly requiring livestock haulers take additional training designed by FMCSA.
Aside from the three Ag Committee leaders that spearheaded the letter, several other members of Congress from both sides of the aisle also agreed to sign onto the letter, which in total carries the signatures of 59 Congressional members now.
House Ag Ranking Member Collin Peterson stated that the current hours of service regulations do not accommodate the unique needs of livestock haulers, adding, "This petition will allow them to deliver agricultural products to market more effectively while maintaining their proven record of safety." His remarks were echoed by Congressmen Yoho and Marshall, both concurring that safe transportation of livestock is an essential part of feeding America, but acknowledge the difficult task of ensuring motorist safety while also tending to the health and welfare of the animals being transported.
To review a copy of the letter or further remarks made by leaders of the organizations that have also endorsed the letter, click over to our website for the original story.
Animal Disease Traceability has for many years been a topic of discussion within the US beef cattle industry. The topic has once again resurfaced in recent years, driven mainly by customers, especially those overseas asking for more transparency within our cattle market chain. We caught up with USDA Undersecretary Greg Ibach earlier this year
about his views on ADT and according to him, it would appear the industry is nearing a consensus on how to go about getting such a system done.
According to Ibach, there are programs in place already that serve niche markets that have created added value for enrolled producers. Ibach believes such programs could be foundational for the future if a national system were implemented.
Both the USDA and the industry would play a part in developing such a system, according to Ibach. And likewise, he says both would share the costs associated with establishing it.
"It's a partnership - USDA will pay for part of it and the producers and the public needs to understand the benefit to them as well," he said, reminding us of the potentially devastating consequences an outbreak could have financially on the entire industry if an outbreak did occur with no system in place to control it.
Click here to read more or listen to our complete conversation with Ibach on yesterday's Beef Buzz.
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.
The U.S. Environmental Protection Agency proposed a rule yesterday, exempting livestock farmers from reporting to state and local authorities the routine emissions from their farms. The National Pork Producers immediately released a statement praising the move by the EPA. The rule is the final piece in the implementation of the FARM Act, which passed Congress earlier this year and eliminated the need for livestock farmers to estimate and report to the federal government emissions from the natural breakdown of manure.
NPPC President Jim Heimerl remarked in his statement about the common sense this measure brings to the industry and that it was approved in a bipartisan fashion because "it was unnecessary and impractical for farmers to waste their time and resources alerting government agencies that there are livestock on farms."
The Fair Agricultural Reporting Method, or FARM, Act fixed a problem created last April when a U.S. Court of Appeals rejected a 2008 EPA rule that exempted farmers from reporting routine farm emissions under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). Commonly known as the "Superfund Law," CERCLA is used primarily to clean hazardous waste sites but also includes a mandatory federal reporting component. The appeals court ruling would have forced tens of thousands of livestock farmers to "guesstimate" and report the emissions from manure on their farms to the U.S. Coast Guard's National Response Center and subjected them to citizen lawsuits from activist groups.
The pork industry is working together currently on achieving a goal recently announced that it will strive to reduce the industry's greenhouse gas emissions by 25 percent by the year 2025. Click here to jump to the original story to learn more about this project and the new rule announced by the EPA.
Earlier this year, we spoke with Oklahoma Beef Council Executive Director Heather Buckmaster about the Beef Checkoff's partnership with Lance Pekus, a cow/calf producer from Idaho who has been featured as a competitor on the popular reality show, American Ninja Warrior. Whenever possible, Pekus has shared his story about strength, agility and healthy living - powered by beef - all while performing amazing feats of athleticism during the prime-time program. The Beef Checkoff partnered with Pekus to help broadcast that message to a wider range of consumers using digital advertising, social media and native television exposure.
We followed up on that conversation in this week's episode of our ongoing series, Checking In on the Beef Checkoff, to find out what kind of a return on investment the Beef Checkoff has seen since partnering with Pekus, promoting him on a multiplatform advertising campaign. According to Buckmaster, the entire campaign has generated millions of digital impressions and directed a massive amount of consumer traffic to the Beef. It's What's for Dinner website.
To learn more about this collaboration and the impact it has had, click here to listen to our complete conversation.
| New Farm Foundation Analysis Warns That Retaliatory Tariffs Will Negate USMCA Export Gains
Market access improvements included in the United States-Mexico-Canada Agreement (USMCA) will lead to an expansion of U.S. agricultural exports by $450 million, mostly in the dairy and poultry sectors, according to a new analysis released yesterday by the Farm Foundation. However, the report mentions that those gains will be more than negated by retaliatory measures taken by Canada and Mexico in reaction to the United States' decision to raise import tariffs on steel and aluminum imports.
According to the analysis, retaliatory measures from Canada and Mexico "will cause U.S. agricultural exports to decline by $1.8 billion." It continues to say that with continued retaliatory tariffs from China and other trading partners, "the United States would see a decline in agricultural exports of $7.9 billion, thus overwhelming the small positive gains from USMCA."
For more highlights and key findings of this report, or to view the full analysis entitled, How U.S. Agriculture Will Fare Under the USMCA and Retaliatory Tariffs, click here.
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