|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.
863 head Wednesday with 670 head of cattle actually selling. Click here to see their complete market results.
Feeder steers trade steady to 2.00 lower feeder heifers steady Wednesday at OKC West Livestock in El Reno, compared to last week's sale. Click or tap 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, May 9, 2019
Featured Story: Wet Conditions Continue to Slow US Corn Planting- Will Weather Conditions Allow Farmers to Catch Up?
Economists from the University of Illinois and Ohio State University say serious planting delays will result in reduced yields this year. Gary Schnitkey of Illinois and Carl Zulauf of Ohio point out that history suggests the odds have increased for lower corn yields in 2019 compared to 2018, and soybean yields will likely not be exceptional.
Very little planting has occurred over much of the Corn Belt, as 23 percent of corn was reported planted in the top 18 corn-producing states, compared to a 46 percent average for the last five years at this time in the spring. Late planting does not necessarily mean that 2019 yields will be low. In 2009, much late planting of corn occurred, and national yields were still ten bushels above trend. However, the two economists write that yields have been exceptionally higher across the Midwest recently.
With delayed planting, yields are expected to be more towards average. Higher yields kept net incomes high enough for farmers to get by last year, but that may be gone in 2019.
Click here to jump to the original article on our website to read more.
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 2019 Oklahoma City Farm Show.
Up next will be the Tulsa Farm Show in December 2019- the dates are December 12th, 13th, and 14th.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2019 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
Speakers at the 18th Annual AAA Summit Discuss Sustainability, Antibiotic Use and Animal Welfare
The 18th annual Animal Agriculture Alliance Summit has kicked off in Kansas City, Missouri. This year the summit has broken the record for attendance with over 350 food and agriculture stakeholders coming to the city for the event. The theme for the summit this year is "A Seat At The Table". Throughout the summit there have been many panels with multiple guests speaking to the attendees.
Donald Ritter, DVM, director of technical marketing at Mountaire Farms Inc., discussed the controversial topic of food labels.
Kristen Parman, vice president of membership services at Livestock Marketing Association, talked about the importance of sustainable farming practices.
Debbie Lyons-Blythe, rancher at Blythe Family Farm, gave the attendees another perspective on sustainability.
Justin Nelson, vice president of cattle procurement at Tyson Foods, explained more about how sustainability is more than just farming.
Attendees will also hear about how restaurants and foodservice brands make decisions on topics like animal welfare, antibiotic use and sustainability.
You can see what else is on tap at this year's summit by jumping over to our website by clicking here.
Donnell Brown is a part of the RA Brown Ranch legacy. He has travelled the country speaking to producers about how they can ensure the longevity of their operations using the same thought-processes and strategies his family has done successfully for over a century now. He recently offered to share with us a few of those tips. According to him, the best advice he can offer upfront is simply to get started - don't put off the inevitable - start the process now.
"My parents were so progressive in starting their estate planning back when I was in high school. Now, we've got to start doing the same thing with our kids and I feel like I'm ten years behind," Brown said. "I think it's never too early to start a solid transition to keep the ranch in the family and the family in the ranch. I encourage all families to start that conversation because we never know when our time is going to come where the Lord is calling us home."
Beyond that, Brown says it is important to include the right people in your estate planning when it comes to who will make decisions, carry certain tasks out and simply offer seasoned advice on how to navigate the process. This starts at home with the parents, he says. Both patriarch and matriarch should be involved in this process. The other key player to recruit, Brown says, is a good accountant or lawyer that knows and understands the laws and how to use them to your advantage.
Listen to Brown share more of his advice about estate planning for a farm or ranch business, on yesterday's Beef Buzz - click here.
Oklahoma State University Offers Opportunity to Obtain Agricultural Leadership Degree Online
Qualifying students who have completed an associate's degree in agriculture from an Oklahoma college can now earn a bachelor's degree from Oklahoma State University without leaving home. Now in it's second year, OSU's agricultural leadership bachelor's degree completion program is enabling students to earn a bachelor's degree online through the university's College of Agricultural Sciences and Natural Resources.
Bill Weeks, program director and a professor in the department of agricultural education, communications and leadership, says the program came about in recognition that some students are tied to jobs in their local community, while others have family responsibilities that preclude them from leaving home or who simply want to work without disruption.
To qualify for the degree completion program, students should have completed 60 hours of agricultural coursework through a two-year college or on campus at OSU. Students then are eligible to complete their final 60 hours of coursework online. The program is funded through a $270,000 USDA Higher Education Grant in partnership with Connors State College, Murray State College and Northeastern Oklahoma A&M College. Since its establishment in 2017, 30 individuals have enrolled in the program as either part-time or fulltime students.
Interested in enrolling in the degree completion program? You can learn more about the program by clicking here
At AFR Insurance we are proud to have served Oklahomans and their communities for over 100 years. We know that insurance is more than talking about being there for you, it is about actually being there for you. We are here to give you a peace of mind by offering you the best insurance products at an affordable price. AFR Insurance offers auto, home, farm and life insurance to all generations, from young to old, we are here for you day in and day out.
Price. Protection. Peace of Mind. That's AFR Insurance.
Visit www.afrmic.com today to find your local agent and get a quick quote today!
| President Trump says the Chinese Broke the Deal
Speaking at a rally in Florida on Wednesday, President Donald Trump said the new tariffs he tweeted about this past Sunday were because China "broke the deal."
"You see the tariffs we're doing?" the President asked his supporters. "Because they broke the deal!"
"The vice premier is flying in tomorrow, good man, but they broke the deal. They can't do that," he added. "If we don't make the deal, nothing wrong with taking in over 100 billion a year. We never did that before."
Allendale is saying in their morning email communication that President Trump has threatened to impose additional tariffs on Chinese goods beginning on Friday after China backtracked on substantial commitments it made during ongoing trade talks, top U.S. trade officials said.
CNN reports this morning that when Vice Premier Liu, US Trade Ambassador Robert Lighthizer and Steven Mnuchin sit down at what was expected to be a possible closing of a deal later today, they will not be engaging in handshakes and backslapping, but instead acrimonious negotiations pushed most of the way back to square one.
A deal may still result from those talks, but it will be a far harder fought one than anyone expected only a month ago.
This is a still a very fluid situation- Allendale also says of the standoff between China and the US- The U.S. has received an indication from China that they want to make a trade deal, said White House spokeswoman Sarah Sanders. This was after the Sunday Trump Tweets that he will raise tariffs on $200 billion worth of Chinese imports.
Stay tuned- the roller coaster ride continues.
| USDA Investments in Community Facilities Expected to Benefit Nearly 715,000 Rural Americans
Acting Assistant to the Secretary for Rural Development Joel Baxley announced yesterday that the USDA is investing $68 million to build or improve community facilities and essential services for nearly 715,000 rural residents in 13 states and the Commonwealth of Puerto Rico. Baxley contends that access to community infrastructure and municipal services is crucial to achieving prosperity in rural areas. He remarked that the USDA and its leadership are committed to helping citizens improve quality of life and economic development in rural America by building or modernizing essential community facilities.
According to a release from Baxley's office, USDA is funding 20 projects through the Community Facilities Direct Loan Program to help rural small towns, cities and communities make infrastructure improvements. Two examples of the projects being funded include a $3 million loan to help build a new 3,850-square-foot community health clinic in the extremely isolated city of Atka, Alaska; and an $85,000 loan to purchase a multi-use fire and rescue vehicle for the local fire department in Winfall, North Carolina. Other states currently benefitting from this funding aside from Alaska and North Carolina are Alabama, Arizona, California, Indiana, Michigan, Minnesota, Missouri, Montana, New Jersey, Puerto Rico, South Dakota and Texas.
These projects are part of the initiatives undertaken by the Interagency Task Force on Agriculture and Rural Prosperity established by President Trump in 2017. More than 100 types of projects are eligible for Community Facilities funding. Eligible applicants include municipalities, public bodies, nonprofit organizations and federally recognized Native American tribes. Applicants and projects must be in rural areas with a population of 20,000 or less.
For more details on this funding initiative and the projects being funded, click over to our website to continue reading.
| Noble Research Institute Set to Host Snake Seminar on May 20th from 6:00 to 7:15 p.m.
The Noble Research Institute will host a Learning About the Snake of Oklahoma seminar on May 20th. The event will be from 6:00 to 7:15 p.m. at the Southern Tech Auditorium.
Noble Research Institute senior wildlife and fisheries consultant Mike Porter will provide attendees with the need-to-know information about snakes in Oklahoma. Some of the topics that will be covered at the seminar are "The largest snake species in Oklahoma" and "Snake bite first aid"
To read the full list of topics covered at the event click or tap here to visit our website.
|AND Finally- A Great Graphic About The Greatest Show- the 2019 OYE
The 2019 Oklahoma Youth Expo was one for the record books- and the OYE staff has assembled a great infographic that captures some of the highlights- we share it with you- and invite you to check it out!
By the way- 2020 is coming- the dates for the Oklahoma Youth Expo next March are the 10th thru the 20th.
|Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, 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!
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