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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.
347 head of cattle on their showlist for the Wednesday,
January 9th sale of finished cattle - click here
to jump to the website.
OKC West sold slaughter cows 1.00 - 4.00 higher and slaughter bulls mostly steady to 2.00 higher compared to the last sale - click here for the full report from USDA.
Oklahoma National Stockyards start 2019 with 11,000 head- Yearlings called $2 to $7 Higher- Calves Mostly Steady- Click or tap here for the complete report from USDA.
Joplin Regional also had heavy supplies- over 13,000 for their first sale of 2019- Yearlings and Calves Trade Higher- Click or tap here for the complete USDA Report.
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, January 8, 2019
NCBA and Environmental Groups Prepare to Touch Gloves as Effort to Revamp WOTUS Rule Heats Up
One of the most contentious issues that the agriculture industry has been fighting for several years now, the beef industry in particular, is the US Environmental Protection Agency's Waters of the United States rule that was implemented in 2015 by the Obama Administration. This controversial rule was and remains largely thought of by ag and business stakeholders to be nothing short of an overreaching land grab by the administration that imposed it. Since then, organization's like the National Cattlemen's Beef Association have been lobbying against the bill on Capitol Hill and in the courts. A court ordered stay suspended the rule for a while as the new Trump Administration mobilized its efforts to repeal and replace the Obama era remnant. However, a recent decision by a South Carolina judge reversed that stay, resurrecting the 2015 WOTUS and making it the law of the land once again for more than 20 states - including Oklahoma. Work by the Trump EPA continues to advance its agenda that in rare form actually aligns with that of agricultural producers, to revamp the WOTUS rule and tone down its policies that infringe on private property rights. We caught up with Chief Environmental Counsel for NCBA Scott Yager, for his latest update on the status of that effort, here at the beginning of the new year.
"The old 2015 Obama era WOTUS rule is still the law on the books and that doesn't change until the Trump Administration finalizes either the repeal proposal, which they've had in process for over a year and a half now, or the replacement proposal," Yager explained. "Once one of those gets finalized, we'll kick the 2015 Obama rule off the books once and for all."
As simple as that sounds, Yager points out the existing rule's many advocates are prepared to litigate any attempted changes to the regulation at every turn. This, he says, is an inevitability and one that NCBA and other stakeholders opposing the 2015 rule must also prepare for and be willing to fight relentlessly in court. According to Yager, the coalition of environmental groups that oppose changing the current rule have taken that position because they have learned they are able to effectively bypass the legislative system and regulate through the courts. Yager explains that the greater control the federal government has, the more effective this tactic is. The ensuing court battles, though, will be worth it in Yager's mind, who insists the newly proposed rule by the Trump Administration is a significant improvement to the original rule.
"We want something that makes sense - common sense - and we think this new rule gets there," he remarked. I think it tries to strike a balance between safeguarding our navigable waters while also not burdening our agricultural producers by not regulating every single feature on the land. By and large, this is a huge success and a big win for the cattle industry."
Listen to Yager and I discuss this issue more in depth and the work being done to fix it, on yesterday's Beef Buzz - click here.
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OSU's Dr. Derrell Peel addressed the accumulating impact and costs of the ongoing trade war with China and other US trading partners in his article for this week's edition of the Cow/Calf Corner newsletter. According to him, it will be easy with the evolving market dynamics we've seen recently, to underestimate how the impacts and costs of trade issues will continue to grow in 2019.
"Many agricultural markets have been impacted thus far and the damage will grow and spread unless resolutions are forthcoming promptly," he writes. "Trade issues will have accumulating impacts in a variety of ways as more time passes."
The most obvious impacts of trade wars, he says, are the direct impacts of tariffs and disruptions in trade flows in specific markets - that includes numerous agricultural markets and soybeans and pork in particular with China and dairy as well. Peel asserts that until a deal is struck between the US and China and its North American partners in the USMCA Agreement, not much can be done about lessening the impact of these tariffs that will growing increasingly difficult to measure over time. What's more, is the difficulty in measuring the lost opportunities associated with trade issues. Peel says it is nearly impossible to know how much trade and investment has been postponed or abandoned as a result of trade uncertainty the past two years.
"The combined direct impacts; lost trade opportunities; and on-going uncertainty are reducing growth potential for U.S. and global economies and those impacts are likely to grow in 2019 barring improvement in trade issues. The U.S. macroeconomy has been strong thus far but that doesn't mean that there were no trade impacts and, more importantly, it doesn't mean that the economy can continue to absorb trade related blows without more obvious damage."
For Peel's complete analysis of the current impact the ongoing US Trade War is having as it relates back to the agricultural sector, click over to our website
| Consequences for Growers Continue to Intensify After Six Months Since China First Tariffed US Soy
It has been a full six months since China retaliated against President Trump's 25 percent tariff on $34 billion worth of Chinese goods. That tariff, which took effect July 6, 2018, has rocked the foundation of a decades-old trade relationship U.S. soybean farmers built with China, the largest market for American beans. And, it has resulted in halted sales, plummeting crop prices, and a lack of security for farmers seeking funding for the 2019 season, according to a release by the American Soybean Association this week.
ASA President Davie Stephens called for a speedy end to the trade war in this release, as leaders of US agricultural trade met with officials in China Monday to attempt to bridge differences between the two nations. "This has been a long and costly half year for farmers, and we need stability returned to this market," Stephens said. "We cannot withstand another six months."
U.S. soybean growers have realized a nearly 20 percent drop in soy prices since the threat of tariffs began last summer. China imported 31 percent of US soy production in 2017, equal to 60 percent of total US exports and nearly one in every three rows of harvested beans - representing $14 billion. Over the next 10 years, Chinese demand for soybeans is expected to account for most of the growth in global soybean trade, making it a prime market for the U.S. and other countries. Stephens insists that the future of soy growers' relationship with China will remain in jeopardy as long as the trade war continues.
Click here to read the complete statement issued by ASA President Davie Stephens, on the intensifying harm facing American soy producers as the US-China Trade War continues.
Oklahoma Youth Expo Expects Another Record-Breaking Year in 2019 - Deadline to Enter is Feb. 22
With the first week of the New Year already expired, it won't be long before the 2019 Oklahoma Youth Expo gets underway once again and exhibitors are being reminded to enter their show stock before the February 22nd deadline arrives.
Nominations for this year are already significantly higher than last year - suggesting this may be another record year for the nation's largest junior livestock show. We talked to OYE Show Manager Kass Newell, about that this week. According to Kass, the numbers are up in all species and especially so for hogs.
"For the 2019 show for nominations of all species - we're up in numbers," she said. "We have about just over 16,000 hogs for the 2019 show and total nominations are around 24,000 for all species combined. So, the county shows should be strong this year along with OYE - one of the largest ones ever I'm assuming."
With all this growth, some scheduling changes have been made in order to make things work logistically. Newell is encouraging exhibitors, ag teachers and parents to check in regularly with their website
and their various social media accounts leading up to the show to stay current on any last-minute schedule changes as well as other important show updates and information that is shared - like their upcoming RV and VIP Parking Sales that will soon be announced.
For more information on this year's show and some of the expected schedule changes, you can listen to our complete conversation by clicking or tapping here.
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.
Oklahoma Farm Bureau will have a full set of delegates at the 100th American Farm Bureau Convention- we will be covering that event starting this coming weekend- our reports courtesy of the Oklahoma Farm Bureau.
Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
| Kansas Farm Bureau Thanks Retiring Senator Pat Roberts for His Service to Agriculture
After news arrived late last week of Senator Pat Roberts' (KS-R) plans to retire, the ag industry came together to praise the former chairman of the House Ag Committee and the sitting Senate Ag Chairman for his years of commitment and service to agriculture and rural Americans across the United States.
Summing up the collective gratitude for the 82-year-old's long career in politics during which he led discussion on and upheld much of today's agricultural policies, the Farm Bureau organization of the Senator's home state of Kansas, released a statement thanking Roberts.
"Kansas farmers and ranchers thank Senator Pat Roberts for his lifetime of service to agriculture," stated KFB. "He's served as a leader in both the House and the Senate, and been a strong advocate for agriculture. We are grateful for his strong leadership, tenure and tenacity."
The Senator is the only person to have held the seat of chairman of the ag committee in both chambers. He announced his plans last Friday to not seek reelection in 2020, but rather to retire from his career in politics. The Senator will serve out the remainder of his term as Senate Ag Chairman for the next two years before leaving office.
Click here to review the statement made by the Kansas Farm Bureau or click here to read more about the Senator's decision to retire.
| Charting the Course for Conservation- Oklahoma Assoc. of Conservation Districts Hosts 81st Annual Meeting
The Oklahoma Association of Conservation Districts' 81st Annual Meeting will focus on the theme "Charting the Course for Conservation."
This past year, OACD President Jimmy Emmons says, was incredible for conservation efforts in the state, complete with new funding for personnel and much-needed rehabilitation of aging flood control structures. He stated in a release announcing this year's meeting that the members of the OACD are excited to celebrate these advancements and look forward to providing districts across the state the tools they will need to 'chart the course' for future endeavors.
The three-day meeting will kick off on Sunday, Feb. 24, in Oklahoma City at the Embassy Suites Oklahoma City Downtown Medical Center with several events that will offer stakeholders a variety of learning and networking opportunities. For more information about the meeting, including a full agenda and details on how to register and book accommodations, click here.
| Jim Reese Tapped to Lobby for Oklahoma Rural Electric Coops as Their New Director of Government and Regulatory Affairs
It will be a quick jump from leading the state of Oklahoma' Department of Ag to helping lobby lawmakers and the Corporation Commission- representing the 27 Cooperatives that make up the Oklahoma Association of Electric Cooperatives. One Monday- OAEC Announced the selection of Jim Reese of Nardin, Oklahoma as the statewide association's new Director of Government & Regulatory Affairs. Reese replaces Kenny Sparks of McLoud, Oklahoma who is retiring in February 2019.
The former State of Oklahoma Secretary of Agriculture under Governor Mary Fallin's administration, Reese has a farming operation near Nardin and is a longtime member of Kay Electric Cooperative based in Blackwell, Oklahoma.
Reese resigned as Oklahoma's Secretary of Agriculture a week ago Monday on December 31, 2018. Throughout his career, Reese has served in various capacities in state government and ag leadership. In 2001, he was selected as Oklahoma State Executive Director of the United States Department of Agriculture's (USDA) Farm Service Agency, under the administration of U.S. President George W. Bush.
In 2008, Reese served as Policy Advisor for Oklahoma House Speaker Chris Benge. Additionally, Reese served in the Oklahoma House of Representatives for 15 years from 1987 to 2001. He graduated from Northern Oklahoma College with an Associate Degree in Drafting and Design and earned a Bachelor of Science in Engineering Technology from Oklahoma State University.
"We are thrilled to welcome Jim Reese to the Oklahoma Association of Electric Cooperatives," says OAEC General Manager Chris Meyers. "A proven leader and advocate for rural Oklahoma, we feel confident Jim's skill set and experience will serve Oklahoma's electric cooperatives and their consumers."
Click here for the complete news release from the OAEC released on Monday afternoon.
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