|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 Ron Hays on RON.
Let's Check the Markets!
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and Feeders on Wednesday- Call 405-262-8800 to learn more.
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
at several of the key Regional Cattle Auctions from this week- Click on the name of the Market to see a summary from that location.Oklahoma National StockyardsOKC West
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
Friday, May 17, 2019
Featured Story: Secretary Blayne Arthur Reflects on Legislative Session, Thanks Leaders for Budget Considerations
The 2019 Oklahoma Legislative Session is nearing its close as state legislators work to tie up loose ends during the final budget process that has been ongoing over the past few weeks. Overall, the state's agricultural industry and its various stakeholders have been generally pleased with the outcomes of this year's session. Oklahoma Secretary of Agriculture Blayne Arthur embodies that shared sentiment as the figurehead of Oklahoma's collective rural community. She offered her perspective on the achievements made to progress and advance rural Oklahoma during this session in a conversation this week with Associate Farm Director Carson Horn.
Arthur expressed her appreciation for the hard work of all the State Representatives and Senators and the Administration for their roles in passing several key pieces of legislation for the benefit of Oklahoma's ag community - including the appropriations earmarked in the budget deal announced earlier this week by Governor Stitt.
"We follow the budget process closely," Arthur commented, "and appreciate the support of members of the Oklahoma legislature this year towards important animal health, conservation, extension and rural issues."
In regard to agriculture, the budget earmarks $500,000 to fund a public-private partnership to maintain clean water in Northeast Oklahoma and areas with high poultry density; $90,000 to hire an additional state veterinarian; $1.1 million for Wildfire mitigation funding and additional resources for rural fire fighters; and $1.5 million to improve rural flood control dams. It also appropriates $62.8 million for a Graduate Medical Education program to support physician training for rural hospitals; and restores $30 million in funding to CIRB supporting county roads.
To hear Arthur's full reflections on this year's legislative achievements from an agricultural perspective, plus her update on the progress of the Industrial Hemp bill, click here.
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.
| OSU's Josh Lofton Reports More Farmers Turning to Soybeans Amid Persistently Low Wheat Prices
The landscape of Oklahoma's agriculture industry has seen some rapid changes lately. Soybean production, traditionally limited to the northeast quadrant of the state, has dramatically expanded in a relatively short time span with even higher increases in acres expected to occur next year. During the recent Lahoma Wheat Field Day hosted by Oklahoma State University Extension, we sat down to talk about Oklahoma's growing soybean presence with OSU Assistant Professor and Cropping Systems Specialist Josh Lofton who has stepped up to help farmers around the learning curve as more and more producers turn to soybeans as an alternative to wheat amid persistently depressed prices.
According to Lofton, soybean acres have expanded dramatically in just the last few years, especially in north central Oklahoma. Many of the producers behind this expansion haven't grown soybeans in years, if ever. Given the changes that have occurred in today's modern soybean production systems, just in the last ten years, Lofton has been tasked with bringing producers up to speed on the latest methods.
Lofton asserts that wheat remains critical to Oklahoma's ag economy but says rotational cropping has more benefits beyond the scope of the current market situation.
"Having a good rotational crop elevates our wheat. It elevates it's quality and quantity on our wheat yield and just helps serve our state better," Lofton concluded, adding that canola also makes a great option that pairs with wheat as well. You can listen to their complete conversation by clicking or tapping here
| US Meat Exports Fail to Meet Expectations During First Quarter of 2019, Will this Trend Continue?
The US Department of Agriculture has completed and released the first full quarter worth of data on US meat exports for 2019. Bottom line, according to Livestock Marketing Information Center Senior Economist Jim Robb, the numbers are a bit more disappointing than stakeholders had hoped.
Robb reports that exports in all three proteins were down in March contrary to expectations that they would actually be up. On a tonnage basis, US beef exports saw a 6 percent decline year over year in aggregate - much weaker than anticipated. Robb points out that while beef exports to key markets Mexico and South Korea were up during this period, overwhelmingly lower exports to Japan contributed to the negative outcome of this report.
Robb says the US's absence from the TPP agreement is finally starting to catch up with us - its impact he believes being at the heart of this unexpected decline. Now, whether or not this dip in exports is just an anomaly or the start of a longer-term downward trend remains to be seen, but Robb suspects once the US finalizes some trade agreements of its own, things might begin to pick up.
Listen to Robb's full analysis of the performance of US meat exports during the first quarter of 2019 and his outlook for the future, on yesterday's Beef Buzz - click here.
| NCGAs Brooke Appleton Says Producer Anxiety High as Weather, Trade, Policy Issues Deflate Spirits
While trade continues to dominate conversations in the ag community, corn farmers are feeling the pressure of not only unsettled trade disputes - but a litany of other issues that have started to significantly weigh on the spirits of farmers and their confidence in the future.
During the recent Washington Watch event hosted by the National Association of Farm Broadcasters this week in DC, we caught up with National Association of Corn Growers Vice President of Public Policy Brooke Appleton who told us producer sentiment is starting to wane in the face of seemingly endless struggles.
"We're calling this kind of the perfect storm of issues. We've got a lot of trade uncertainty, a lot of uncertainty in our ethanol markets and some of the things the Administration is doing - especially with the small refinery waivers. We're seeing the weather events across the country...," she said. "It's just a lot of uncertainty right now. Our growers just need markets."
The most immediate concern right now though, is simply getting this year's crop in the ground. With a seemingly endless forecast of storms raging across the Corn Belt, Appleton says producers ready to plant are left staring at wet fields with little recourse until drier conditions arrive.
You can listen to my complete interview with Appleton by clicking or tapping here
to jump to the original story on our website.
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation. National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
The USDA WASDE Came out Last Week and OSU's Kim Anderson Commented on the Current Oklahoma and National Markets
Dr. Kim Anderson, Oklahoma State University Extension Grain Market Economist, talked about the about the recent release of the USDA World Agricultural Supply & Demand Estimates (WASDE) report with SUNUP, host Kurtis Hair.
The projections for the 2019-2020 wheat marketing year are in and the projections are low. The world production is at a record high though and so is the world wheat stock endings.
Oklahoma wheat prices are up this week, despite a slow end of the week. Anderson, fears the rise is not anything to get excited about though.
You can watch their visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now and see what else is on the lineup for this week's episode by clicking here.
The new CEO and President of Union Mutual Insurance Company is Monica Miller Collison. She will be based out of the headquarters in Oklahoma City.
Union Mutual specializes in insurance products covering homeowners, farm owners, dwelling fire, mobile homes, tenant dwellings, seasonal homes, rural property, lake property, farm liability and barndominiums.
"I am extremely humbled and excited about the opportunity to lead a company that has provided insurance protection for Oklahomans across all 77 counties in this state for over 80 years," Miller Collison said. "Union Mutual's mission of 'Protection for Oklahomans by Oklahomans' resonates with me both personally and professionally, as I am a life-long Oklahoman from a rural region in our great state."
You can read more by clicking or tapping here.
OH and By the way- What the heck is a Barndominium and is it really a thing???? (After checking with Google- I guess it is)
| Tim the Dairy Farmer to Perform in Owasso, Oklahoma, Saturday, June 22nd
The Owasso FFA Alumni are set to host Tim Moffet next month. Moffet is a comedian and Florida dairyman who recently signed with Larry the Cable Guy to produce an album.
Moffet, also known as Tim the Dairy Farmer, will perform his act live in Owasso, Oklahoma to benefit the Owasso FFA Chapter. Moffet's experiences on and off the farm have given him the ability to bring out the humor in everyday farm life.
Proceeds from this event will go to support Owasso FFA's various programs and student facilities. The event will take place at the Mary Glass Performing Arts Center at Owasso High School, on Saturday, June 22, 8 p.m. Ticket prices range from $12-$17.
For more information about Tim the Dairy Farmer and how you can reserve your tickets to his special appearance next month, click or tap here.
|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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