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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
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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
Monday, February 25, 2019
| Featured Story:
USDA Hosts Farm Bill Implementation Listening Session for Public Input - Here's How to Get Involved
This listening session, announced Friday by U.S. Department of Agriculture Under Secretary for Farm Production and Conservation Bill Northey, will happen Feb. 26, 2019 at 8:00 a.m. (CST) in the Jefferson Auditorium in the South Building located at 14th Street and Independence Ave. S.W. in Washington, D.C.
Oklahoma Farm Services Agency State Executive Director Scott Biggs is inviting USDA stakeholders and partners here in the state to participate in this listening session, by joining him and Oklahoma Ag Committee Chairmen Casey Murdock and Dale Kerbes at the State Capitol on Tuesday, February 26 at 8:00 a.m. (CST) for remote access into this session. If planning to attend, it is requested you RSVP as soon as possible. You can contact Biggs directly to RSVP by email at email@example.com.
The deadline to register to attend the listening session was this past Friday- however- anyone may tune in via the link below and catch the live stream of the session.
For more information on the listening session click or tap here.
|Chinese Offer More Purchases of US Soybeans as Olive Branch- President Trump Says Progress Made- Will Delay March 1 Actions
In a report that came out as a tweet on Friday afternoon from US Secretary of Ag Sonny Perdue- it was learned that the Chinese were offering to but at least another ten million metric tons of US Soybeans.
The Secretary wrote "@SecretarySonny: BREAKING: In Oval Office meeting today, the Chinese committed to buy an additional 10 million metric tons of U.S. soybeans. Hats off to @POTUS for bringing China to the table. Strategy is working. Show of good faith by the Chinese. Also indications of more good news to come."
In response to the word from the Secretary- the American Soybean Association applauded- sorta. ASA in a news release says "While this news brings purchase commitments from China to approximately 16.5 million, the total purchases still do not add up to the value to soybean growers of seeing retaliatory trade tariffs rescinded.
"It is good to see our beans moving to China again," said Davie Stephens, a grower from Clinton, Ky., and president of the American Soybean Association (ASA). "While piecemeal purchases such as this one can be a part of the solution, what our industry needs right now is structural reform that leads to China rescinding its tariff on U.S. beans and fully reopening the market," Stephens continued."
Meanwhile- word came on Sunday that President Donald Trump was encouraged by the discussions with the Chinese- saying that both sides had made "substantial progress" on important issues including intellectual property protection, technology transfer and currency, among others. As a result, tariff increases scheduled for March 1 will be delayed, he said.
"A very good weekend for U.S. and China," Trump tweeted. Assuming there's more progress, a summit will be planned at his Mar-a-Lago resort in Florida to conclude an agreement, the tweet said.
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K-State Vet Dr. Dan Thomson Argues Judicious Antibiotic Use Remains Essential to the Beef Industry
It seems like various retail brands and restaurants try to outdo one another when it comes to making claims about antibiotic use or 'no-antibiotic use' in the meat they are selling. Dr. Dan Thomson, K-State professor of production medicine and epidemiology insists, however, the industry and the consumer both need judicious use of antibiotics in animal agriculture.
"Antibiotics are a tremendous tool for human and animal health and they're something we need to utilize," he said. "The 'never-ever antibiotic' or 'raised without antibiotic' groups to me are such a shame because at the end of the day - I don't want to use antibiotics... If I do, it means an animal has gotten sick and I'm treating that animal. But the protein from that animal is still safe, wholesome and nutritious."
Thomson says the ag industry has always understood that "zero" antibiotic use is not an option. Recently, he says retailers who maybe use to support the no antibiotic use movement, have generally started to understand themselves that zero use is not an option. Thomson explained that people are beginning to realize that removing antibiotics out of the equation has many negative consequences. For instance, it decreases animal welfare, animal health and can actually decrease food safety because pathogens like salmonella and e. Coli are allowed to go unchecked and float around in an uncontrolled environment.
Thomson says while antibiotics are and should remain essential, the industry should also be proactive in taking the initiative to make changes in how they are used. By practicing good stewardship, he believes consumers will become more trusting and allow continued use of antibiotics as they grow to understand the important role they play in beef production.
Listen to Thomson build his argument in favor of judicious antibiotic use in the beef industry, on Friday's Beef Buzz - click here.
| Retaliatory Tariffs From Prominent Trading Partners Causing Challenges For US Pork Industry
In the midst of the legislative session, Oklahoma Pork Council Executive Director Roy Lee Lindsey goes in depth on how the pork industry is facing challenges as a result of recent trade tariff hikes.
Recent steel and aluminum product tariffs put in place by the Trump administration have put stress on trading partners. A lot of product is still going out; however, in Mexico for example, where we were shipping essentially duty free there's now retaliation tariffs causing a loss of about $12 per pig.
"The administration is also doing some good things for the industry. The changes to the tax code were very positive for pork producers. The change to the WOTUS rule, pulling back the 2015 rule and issuing new, just came out last week. All that is very positive going forward," Lindsey remarked.
Staying competitive in the market, forming agreements with other major players, and keeping herds away from the African Swine Fever outbreak are all crucial issues that Roy Lee discusses with our own Carson Horn in a recent interview.
Click or tap here to hear their full discussion.
Gene Editing Development Stalled, National Pork Producers Council Renews Call For USDA Oversight
The National Pork Producers Federation is urging the Department of Agriculture to assume regulatory oversight of gene editing for livestock. The call from NPPC follows the slow pace of developing a regulatory framework at the Food and Drug Administration. NPPC says the process is "stalled" at FDA, and that "USDA is best equipped to oversee gene editing for livestock production" according to NPPC President Jim Heimerl. NPPC says gene editing accelerates genetic improvements that could be realized over long periods of time through breeding.
For example, it allows for simple changes in a pig's native genetic structure without introducing genes from another species. Emerging applications for the pork industry include raising pigs resistant to Porcine Reproductive and Respiratory Syndrome, a highly contagious swine disease that causes significant animal suffering and costs pork producers worldwide billions of dollars.
Despite no statutory requirement, the FDA currently holds regulatory authority over gene editing in food-producing animals.
Click over to the full story on our website for more information.
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| Feral Swine Issues Persist in OK - ODAFF's Kenny Kellett Shares His Expert Advice on Hog Control
Oklahoma Department of Agriculture, Food & Forestry's Wildlife Services' Northeast District Supervisor Kenny Kellett, spoke with producers in attendance of the recent All Crops Conference about the most effective methods and tools being used currently to control the feral swine population in the state.
In addition to trapping, Kellett is fond of the aerial services his office offers landowners. Producers that cooperate with ODAFF can take advantage of the department's aircraft resources to target large and elusive sounders located in heavily wooded areas. For particularly sensitive or problematic areas - Kellett recommends landowners invest in electrified hog-wire fencing as a preventative measure, swearing by its efficacy in deterring hog intrusion.
If you are experiencing feral swine related issues and wish to engage the services of ODAFF, Kellett directs you to contact Wildlife Services at 1-800-580-2427.
Learn more about the disease and damage that come with these animals, and funding in the new Farm Bill that may help with ODAFF's resources, by listening to Kellet's complete conversation with Carson Horn - click or tap here.
From PB Slices To Bite-size PB Snack, FAPC Researchers Changing The Way People Eat PB
The days of scooping peanut butter straight out of the jar with a spoon may be nearing an end! Researchers at the Oklahoma State University's Robert M. Kerr Food & Agricultural Products Center have developed a bite-size peanut butter product that is individually wrapped, high in protein and made from real peanut butter.
"In its current state, peanut butter is less convenient to eat than many other ready-to-eat products," says Dani Bellmer, FAPC food processing engineer and co-inventor of the bites. "These peanut butter snacks can be eaten while students walk to class or as gym-goers head to their workouts."
OSU's Technology Business Development Program helped fund the product development work.
"Having all the pilot plant equipment under our roof was beneficial to do the formulations and make the prototype products," said William McGlynn, FAPC horticulture processing specialist and co-inventer.
From fizzled beginnings to the brink of commercialization, read the full story here.
US Secretary of Agriculture Sonny Perdue to Attend Commodity Classic as Keynote Speaker
Agriculture Secretary Sonny Perdue will be the keynote speaker at the 2019 Commodity Classic next week. Held February 28th to March 2nd in Orlando Florida, close to 10,000 attendees are expected. Perdue will speak during the general session of the event, planned for Friday, March 1, at 9:00 a.m.
Before Secretary Perdue, the General Session will include comments from leaders of the five associations that present Commodity Classic each year: American Soybean Association, National Corn Growers Association, National Association of Wheat Growers, National Sorghum Producers and the Association of Equipment Manufacturers.
Perdue is expected to share current news and perspectives from the U.S. Department of Agriculture, with topics including international trade, farm bill implementation, rural development and the role of agriculture in America's food security and economic health.
Detailed information about Commodity Classic schedule is available here.
Be sure to tune in this week for updates on the event, as Associate Farm Director Carson Horn will be on location reporting back for us.
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