|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 Carson Horn 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.
FedCattleExchange.com offered 785 head Wednesday with 0 cattle actually selling. Click here to see their complete market results.
Superior Video Livestock is holding their annual Oklahoma City originated sale this morning- starting at 8 AM at the Embassy Suites on South Meridian in OKC- Details on the sale available here.
Feeder steers traded mostly steady and feeder heifers sold mostly 1.00 to 3.00 higher on Wednesday at OKC West Livestock in El Reno
, compared to last week's sale. Click here
to jump to yesterday's complete sale 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
Thursday, February 21, 2019
Making Soil Health Systems Work Requires Patience, Persistence, Mangement And Cover Crops
How do we make soil health systems work in Oklahoma?President of the OACD Jimmy Emmons spoke with our own Carson Horn on just that after Jimmy's presentation at the OSU All Crops Conference in Norman.
"Carbon is the key to the system," according to Emmons. "If the cash crop is low carbon/high nitrogen, then you need to follow up with a high carbon cover crop. If you have a large corn crop with lots of carbon, you can plant a lower carbon cover crop."
PPM (Patience, Persistence, and Management) are key to Jimmy's operation. He'll tell you though, it's not perfect.
"If you do it like I am you're going to have failures. Whether it be in drought or termination at the wrong time or something... but we have to learn from those failures instead of just accepting them."
One of his suggestions is finding a mix of crops and tweak it for your farm. The use of cover crops will get you on a good path; although, its up to you how many species you want to bring in. Most important is taking the failures and using them as a learning experience instead of just accepting them.
A particular passion and drive is needed to really make a difference in your land, but it can pay off exponentially in the face of dangers like the wildfires in Dewey County last year.
To hear Jimmy talk more about his experience and passion in his interview with Carson plus details on the upcoming OACD conference, click or tap here.
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 Tulsa City Farm Show.
Up next will be the Oklahoma City's premier spring agricultural and ranching event with returns to the State Fair Park April 4-5-6, 2019.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2019 Oklahoma City Farm Show. To learn more about the Oklahoma City Farm Show, click here.
|Tariff War Hammers Seaboard Earnings in 2018- Red Ink Results
The Seaboard model in producing and selling pork has always been about selling pork into the global market- to key export destinations like Japan, China and Mexico. In touring the Seaboard facilities in Guymon a few years back, I was impressed with how they were cutting pork carcasses and filling their boxes of products with loins and other parts of the carcass designed to meet the specs of the Japanese market(in particular).
This week- the 2018 Annual Report for Seaboard is out- and it provides a stark look at how the Trump Tariffs on steel and aluminum against Mexico and the Chinese tariffs turned the profits of third largest hog producer in the US from being in the black in 2017 to red ink in 2018.
Seaboard Corporation posted lower operating income on higher sales in its pork division in 2018, as it sold more pork products but at lower prices, the company said in its annual report.
Operating income for the pork division was $117 million, down from $193 million in 2017. Net sales climbed to $1.77 billion from $1.61 billion a year ago.
The company acknowledged that the tariffs on US Pork imposed by Mexico and China were negatives to their bottom line.
Oklahoma being a top ten hog state is all about Seaboard. The Seaboard Plant in Guymon began processing hogs from the rapidly expanding hog population in Oklahoma, southwestern Kansas and the Texas Panhandle in 1996. A year later, they started the second shift at the plant.
In March 2008, High Plains Bioenergy LLC opened a biodiesel plant next to the Guymon pork processing plant. The plant has a capacity to produce more than 46 million gallons annually and uses vegetable oils and animal fat, including pork fat from the Guymon plant, as the feedstock for biodiesel. It is the largest biofuels plant in the state of Oklahoma.
The company expressed optimism that 2019 will be better- what the Trump Administration does in regards to tariffs with China and Mexico- plus how quickly they get a deal done with Japan will impact how that optimism plays out in the next ten months for Seaboard and others in the pork business.
Hereford Association Overhauls Breed's Genetic Evaluation System, Leverages Its Value Programs
At the recent 2019 Cattle Industry Convention in New Orleans, Shane Bedwell, American Hereford Association chief operating officer and director of breed improvement, remarked on the association's recent work in advancing the genetic merit of the breed, in recognition of the need for high-quality cattle in the marketplace. One of the high notes of his update was AHA's roll out of its new and improved genetic evaluation program which, in a later conversation with our own Carson Horn, Bedwell said directly incorporates a single-step marker effects model utilizing BOLT technology, which simultaneously analyzes pedigrees, phenotypes and genotypes and allows for a fully automated, weekly genetic evaluation. Under this new system, producers now have access to the most up-to-date information to help them make the best informed decisions possible.
In addition, Bedwell says the AHA is working diligently to leverage the most value and boost producers' marketing power through the association's various commercial oriented programs like the Hereford Advantage, Premium Red Baldy and Maternal Advantage programs.
"We take a lot of pride in staying progressive at Hereford. Our breeders have done a great job at raising the bar when it comes to putting out an excellent product into the commercial market," he said. "We see it as our obligation as an association to provide the most relevant tools in the industry. We will stay on that same track and this is just a beginning of several new innovative things that we will continue to roll out at Hereford."
Listen to Bedwell and Carson discuss the AHA's recent work in breed improvement further, on yesterday's Beef Buzz - click here.
Online agricultural retail startups are compressing margins for traditional ag retailers through increased competition and price transparency. While e-commerce platforms remain a relatively small portion of the overall ag retail marketplace, growth in the segment has been significant in recent years and will continue to increase. According to a new report from CoBank's Knowledge Exchange Division, traditional ag retailers will need to transition to an omni-channel strategy in order to grow in the digital age.
"Online competition will continue to intensify and pressure margins for traditional ag retailers in the years ahead," said Will Secor, grain and farm supply economist with CoBank. "Traditional ag retailers that successfully embrace the challenges introduced by e-commerce will succeed as tomorrow's cutting-edge ag retailers."
E-commerce platforms that lack a physical footprint will struggle to fully serve farmers, especially in the tight and uncertain time windows that typify production agriculture. Some traditional ag retailers have already begun responding to the challenge by doubling down on their service and distribution capabilities while building their own online presence.
According to the report, many traditional ag retailers are already undergoing transformational change forcing them to alter their practices and strategies to better compete and meet their farmer-customers' needs. Click here and continue reading to find out how retailers are adapting to this new trend.
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more.
And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
OSU's Glenn Selk Explains How the Severity of Winter Can Impact the Birth Weights of Your Calves
In this week's Cow/Calf Corner newsletter, Dr. Glenn Selk offers research he has found as to whether or not the severity of the winter has an impact on spring-born calf birth weights.
This question, has long been asked, but Selk admits given the complexity of its nature only limited research has been conducted.
What studies have been done though, according to Selk, suggest that yes - cold temperatures influence calf birth weight. Based on the research, below average winter temperatures resulted in larger birth weight calves and more calving difficulty.
"One possible explanation for this phenomenon, the changing of blood flow patterns of cows gestating in hot weather versus cold weather," writes Selk. "During hot weather blood is shunted away from internal organs toward outer extremities to dissipate heat, while the opposite is the case in very cold weather with blood flow directed toward internal organs in an effort to conserve heat and maintain body temperature. This change in maternal blood flow may impact fetal growth in a small way, but result in a measurable difference."
With 30 of the 49 days thus far into 2019 having had temperatures falling below normal in daily maximum temperature in Central Oklahoma - Selk predicts many producers may see higher birth weights come calving season.
Click here to read Selk's full article for this week for more information.
Hey crop producers - feeling a little overwhelmed trying to make sense of all the information out there these days? Well here's some good news for you. Scientists from OSU and Langston University are teaming up with researchers from K-State to develop a way for agricultural operators to make better use of the data that's available today.
It was announced in a release this week, that OSU Assistant Professor of Agricultural Systems Modeling
Phil Alderman, Franklin Fondjo Fotou of Langston University and Stephen Welch of Kansas State University will lead a multi-institutional, multidisciplinary "Building Field-based Ecophysiological Genome-to-Phenome Prediction" effort over the next four years, thanks to a $4 million grant from the National Science Foundation.
During this "genome-to-phenome" project, the team will use wheat as an example crop to build a new computer model that combines crop physiology and genetics plus state-of-the-art field monitoring technologies. Instead of inferring soil profile data, canopy temperatures, development phases and so on, the model will use actual measurements enabled by new technology to predict how different wheat varieties will perform in different environments. Alderman remarked that the team's intention is to "redesign the way we are approaching modeling and analysis."
Beyond the three principle scientists, the team will also include soil chemists, geneticists, statisticians, engineers, breeders, computer scientists and crop management experts, among others - all collaborating to achieve an overarching long-term goal of being able to accurately predict what would happen if a producer plants a particular genotype of crop in a specific section of field under a given set of weather conditions, according to Alderman.
to learn more about this exciting new team-up within the ag-research community.
Sirloin Club Event Raises Bucks for 2019 OYE - Offers First Look at Academic All State Honorees
In just three weeks, the 2019 edition of the Oklahoma Youth Expo will be underway. Leading up to the event each year, is the annual Sirloin Club of Oklahoma's Dinner and Chalice Auction, during which supporters have the chance to bid on the hardware that will be presented to the next class of OYE Champions, all in effort to fund raise and help support 4-H and FFA members involved in that year's show.
This year's auction, held recently at the National Cowboy & Western Heritage Museum in OKC, generated a grand total of $85,000.
In addition to the evening's events, ten high school seniors were introduced as a part of the 2019 Academic All State team- they will lead a parade of scholarship winners announced on March 21st just ahead of the selection of the Grand Champion Market Animal Selection. A complete list of those high achievers, plus a breakdown of those winning auction bids can be found on our website byclicking here.
For more information about the Oklahoma Youth Expo, click here
for the home page of the OYE website.
|Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Herb's Herb Hemp Farm, 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: