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Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
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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:
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|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Monday, June 17, 2019
| Featured Story: Ron Hays Talks Floods, 4-H and Youth with Oklahoma State Secretary of Agriculture Blayne Arthur
Oklahoma Secretary of Agriculture Blayne Arthur and her staff have began touring the flood affected areas across eastern Oklahoma, now that the water has started to recede. On the tour they have been visiting with producers now in recovery mode and seeking assistance from state and federal leaders. We sat down with Secretary Arthur to visit about the devastation she observed this week.
"When you get out there in person and really see the effects of that water, not only what it's done to destroy the crops they had planted - but then you start talking about the long-term plan to mitigate and address some of those issues... it's very very challenging," Arthur said.
Significant erosion has occurred and massive amounts of sand have been left in the wake of receding floodwaters. She says former wheat fields now look like the little Sahara. Farmers have lost their crop and some have lost their equipment as well. Fortunately most livestock producers had enough of a warning to move the majority of the animals in the area.
You can continue reading or listen to the whole conversation between Arthur and I to hear more about the flooding and other activities the Secretary and her staff have been up to recently, by clicking or tapping 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.
Emergency Watershed Protection Program Now Available to Help Flooded Farmers Back on Their Feet
Sadly, there has been much talk about what has happened as a result of recent disasters in Oklahoma, such as flooding and tornadoes. Recovery efforts are underway in many areas.
As part of these efforts, the NRCS is directing affected producers' attention toward the Emergency Watershed Protection (EWP) Program.
The EWP allows the Natural Resources Conservation Service (NRCS) to establish non-traditional partnerships with sponsors to address serious impacts resulting from natural disasters.
Gary O'Neill, Oklahoma NRCS State Conservationist, said, "EWP is a USDA NRCS program that can help protect local infrastructure that has been damaged from a natural disaster. EWP can help Oklahoma rural communities get their feet back on the ground after a natural disaster such as flooding has had such a significant impact on residents."
You can read more about the EWP Program and how it can help Oklahoma over on our website - here.
| Rabo Agrifinance's Don Close Shares His Top Four "Unknown Unknowns" of the Beef Industry in 2019
Don Close, vice president for food and agribusiness animal protein at Rabo Agrifinance, recently was the featured speaker at a briefing hosted by the National Cattlemen's Beef Association, held to educate Congressional staffers about the cattle business. Part of that discussion included Close' insight into the industry's marketing efforts as it navigates the various pressures that have arisen here in 2019. Some of these pressures Close says were expected like larger protein supplies and an increased dependency on exportation. Other factors have come about albeit a bit of a surprise - these he refers to as "unknown unknowns" in the marketplace.
For instance, the unpredicted challenge of the outbreak of African Swine Fever is having severe implications on China's swine herd and thus creating opportunity for the U.S. to export more protein to China. The weather has also created challenges, which has seemed to have been deliberately working against farmers since this past winter and into the spring. This too has created a situation with this year's corn crop and getting it in the ground which could potentially ratchet up the cost of feed grain in the near future.
The common thread among all these issues, Close says, is that they are all still developing situations. He contends that until the industry is able to get a better handle on these situations, uncertainty will continue to inject volatility in the marketplace.
You can listen to the whole conversation between Close and I on last Friday's Beef Buzz, here.
Agriculture Secretary Sonny Perdue Announces New Dairy Margin Coverage Signup Begins Today- June 17
As of today, the signup period for the new Dairy Margin Coverage (DMC) program, the cornerstone program of the dairy safety net that helps dairy producers manage the volatility of milk and feed prices, is now open.
The 2018 Farm Bill allowed USDA to construct the new DMC, which replaces the Margin Protection Program for Dairy (MPP-Dairy). This new program offers protection to dairy producers when the difference the all-milk price and the average feed cost falls below a certain dollar amount selected by the producer.
The program provides coverage retroactive to January 1, 2019, with applicable payments following soon after enrollment. At the time of signup, dairy producers can choose between the $4.00 to $9.50 coverage levels. All dairy operations in the United States are eligible for the DMC program. An operation can be run either by a single producer or multiple producers who commercially produce and market cows' milk. Eligible dairy operations must have a production history determined by FSA.
For more information on the DMC, read the full announcement by Secretary Perdue, by clicking or tapping here.
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.
| Checking in on the Beef Checkoff - Beef Council Invites Running Enthusiasts to Join OK Team Beef
In this week's edition of Checking In on the Beef Checkoff - Heather Buckmaster, executive director of the Oklahoma Beef Council, joins us to discuss the Beef Checkoff's recent campaign to recruit new members for Oklahoma Team Beef.
Oklahoma Team Beef is a group of running or walking athletes from Oklahoma who understand and believe in the benefits of lean beef. The members of Oklahoma Team Beef are ambassadors for beef and demonstrate beef in a healthy and active lifestyle.
Athletes interested in becoming an Oklahoma Team Beef member must first complete the Masters of Beef Advocacy training (MBA) in order to be adequately prepared to knowledgeably answer any questions they may be asked on the track or during a race - and must also have a demonstrated history of competitive racing to qualify.
To learn more about Oklahoma Team Beef, or for more stories about what your Beef Checkoff is doing, click or tap here.
American Angus Association's Mark McCully Talks About the Understanding Value in the Beef Carcass
Across all sectors of the beef supply chain, prices vary. Angus CEO and longtime Certified Angus Beef brand vice president, Mark McCully, recently explained the value of beef carcasses at three key market points.
According to McCully, cutout spread values are incredibly important to fed-cattle marketing grids today because they establish value differences between commodity and premium beef.
"That cutout value really originates through mandatory price reporting when USDA collects all the date of the packers' sales of boxed beef, on to the next tier of distribution, and the price is paid for all those distribution pieces and parts - the sub-primals and the cuts," McCully said. "Then all that, those prices, are taken and rolled up into a primal price and ultimately calculated up into a total carcass cutout value. They do that for Select and Choice and Prime and no-roll and the differences between those cutouts is what's so important and we pay a lot of attention to, as it relates to demand for premium."
Watch a short video-clip featuring Mark McCully, American Angus Association CEO, share his thoughts on understanding value in the beef carcass, by clicking or tapping, here.
| Cattle Producers Should Watch for Signs of Blackleg and Anthrax After Floodwaters Recede
Livestock producers who recently experienced flooding events need to be on the lookout for signs of blackleg and anthrax in their cattle.
"Incidences of both diseases can easily occur in periods of dry weather after floodwaters recede," said Dr. Barry Whitworth, Oklahoma State University Cooperative Extension veterinarian and food animal quality and health specialist.
Most producers do not catch blackleg before the animal is found dead. While Anthrax is noticed by the signs of high fever, anorexia, abdominal pain, bloody urine or bloody diarrhea.
Cattle producers who experience the sudden death of their livestock after floodwaters recede should contact their veterinarian to attain a diagnosis. If anthrax is suspected, the Oklahoma Department of Agriculture, Food and Forestry state veterinarian also needs to be notified. Whitworth cautions, too, that while Blackleg typically is associated with cattle, the disease can occur in other ruminants as well. Anthrax occurs mostly in ruminants but can occur in other animals, including humans.
Livestock producers seeking additional information about blackleg, anthrax or proper carcass disposal methods should click here to continue reading.
|Weekend Rainfall Sidelines Wheat Harvest in Many Locales
The last harvest estimate we have had for Oklahoma was through last Thursday- with Plains Grains and Mark Hodges calling us 18% complete.
Friday was a pretty good day for harvest, where the fields had dried enough to support the equipment- but then rains starting coming and hit a lot of areas that need to be harvested- here's the two day rainfall map from Mesonet that takes us back to Saturday morning- and it is little different from the 72 hour map that can be seen up on Mesonet- which means the rainfall that sidelined us came after 6 AM Saturday morning.
We are expecting two estimates later today- the USDA Crop Progress numbers will be out by 3PM central time- and then the Oklahoma Wheat Commission signaled last Wednesday that their next report would be out sometime today.
To provide you some context as to harvest progress- here are the links to the reports we had form last week-
USDA estimated 4% of the harvest was done as of the end of the weekend last Monday.
Oklahoma Wheat Commission called harvest 6% done through Monday afternoon-
then on Wednesday estimated harvest at 15%
Plains Grains estimated harvest at 18% through Thursday- their report out Thursday night.
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