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!
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
for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Oklahoma Cash Grain Prices
- as reported by the Oklahoma Dept. of Agriculture. (including
prices in central and western Oklahoma)
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Editor and Writer
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Leslie Smith, Editor and Contributor
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, November 6, 2015
US Ag Secretary Tom Vilsack Says Text of Trans-Pacific Partnership Agreement Confirms Value to US Agriculture
U.S. Agriculture Secretary Tom Vilsack
Thursday released the following statement regarding the text of the
Trans-Pacific Partnership Agreement
"The release of the text of the Trans-Pacific Partnership is an important step forward in the process to make this landmark agreement for U.S. agriculture a reality. The text confirms that this agreement provides new market access across the board for America's farmers and ranchers by lowering tariffs and eliminating other barriers, and will boost exports and support jobs in our rural economies.
"At the end of the day, TPP is about opportunity. The agreement will advance U.S. economic interests in a critical region that accounts for nearly 40 percent of global GDP. It will also help the United States respond to the regional and bilateral trade agreements that are already in place or are being negotiated by competitor countries. This high standard agreement will expand U.S. agricultural exports, generate more rural economic activity, and support higher-paying American jobs. I encourage our farmers and ranchers to take a look at what's in the deal for them, and I hope that after a period of consideration and review in the coming months, Congress will move quickly to pass this agreement.
"While the release of the text is a critical benchmark, there is still much work to be done. We look forward to a discussion across the country about the details of this agreement, including the simple fact that TPP removes barriers to trade in food and agriculture products, which is critical for the economic health of U.S. agriculture and rural communities. With 95 percent of the world's consumers outside of our boarders, we cannot afford to let this opportunity slip away."
To review the text of the Trans-Pacific Partnership, visit
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.
Cattle, Pork and Poultry Groups Review Text of TPP and Like It- NFU Hates It
The White House Thursday
posted the text
(TPP) trade agreement, prompting the start of a public review process of the deal between Australia, Brunei, Chile, Canada, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. Livestock producer groups say they have read the deal and they like it. The
National Pork Producers Council
National Chicken Council
National Cattlemen's Beef Association
(NCBA) both confirmed that this agreement is a major victory for U.S. agriculture.
National Pork Producers Council
is expressing unequivocal support for the TPP deal and called on the U.S. Congress to expeditiously pass the agreement.
"Past U.S. trade agreements (FTAs) have demonstrated the importance to our industry of opening international markets," said NPPC President
Dr. Ron Prestage
, a veterinarian and pork producer from Camden, S.C. "TPP will provide benefits to our producers that dramatically exceed those of prior trade agreements. I assure you that pork producers across this great nation will do whatever it takes to get TPP passed by Congress and implemented."
for the complete statement from NPPC on TPP.
"The National Chicken Council applauds U.S. Trade Representative
and his team of negotiators for their years of work on the TPP, and urge expeditious congressional approval," said NCC President
. "The TPP represents a commercially meaningful and high standard agreement that will open markets and increase U.S. chicken exports and bring increased economic benefits to chicken farmers and companies across the country.
to read more from NCC.
"While the agreement is not perfect, it is a vast improvement over the current tariff rates, and the greatest market access that has ever been negotiated to Japan," said NCBA President
. "Clearly, working collaboratively we were able to achieve more than we could have alone.
The TPP will immediately reduce the tariff to Japan, our largest market for U.S. beef, from 38.5 percent to 27.5 percent.
And tariffs will continue to decrease, in some cases be eliminated, over the next 15 years."
for more from NCBA.
While these livestock groups are cheering the details released on the TPP- one general farm group- the
National Farmers Union
- says the deal is "as bad as we feared" and is urging Congress to vote no.
says "While NFU will continue to analyze the text of the agreement, we already know TPP includes no enforceable language to address currency manipulation, an effective maneuver used by our competitors to immediately tilt the playing field in their favor, even after signing an agreement of this scope and magnitude, having the potential to completely wipe out any gains."
for the complete statement provided to us from NFU by their President.
U.S. Pork Exports Improve in September; Beef Exports Struggle
U.S. pork exports showed modest improvement in September while beef exports endured the most difficult month in some time, according to statistics released by USDA and compiled by the
U.S. Meat Export Federation
September pork export volume was up 6 percent from a year ago to 172,012 metric tons (mt). Export value was $456.1 million, down 11 percent year-over-year but the highest since May. Pork exports through the first nine months of the year declined 4 percent in volume (1.58 million mt) and 17 percent in value ($4.21 billion) compared to January-September 2014.
Beef export volume fell 21 percent from a year ago in September to 79,474 metric tons (mt) and value was down 28 percent to $456.6 million - the lowest since January. For the first nine months of 2015, exports were down 12 percent in volume (782,705 mt) and 8 percent in value ($4.8 billion).
There were a few bright spots for September beef exports.
to read more about beef and pork exports.
EWG Claims Federal Crop Insurance is an Ongoing Disaster for Taxpayers and the Environment
One of the most vocal groups in its criticism of the Federal Crop Insurance program is the
Environmental Working Group. The EWG was a major force in demanding farm policy reform that led to the eventual elimination of the direct farm program payment. Now that the five billion dollars that funded the Direct Payments is off the table- the EWG has turned all of its farm policy attentions to what they call "an Annual Disaster." The group has just published a report that emphasizes how they believe that the subsidies that are tied to crop insurance are a free ride given to approximately one million farmers each year. EWG claims that the Crop Insurance subsidies are even worse than the price support programs they have now mostly replaced- especially when you measure the environmental impact.
EWG analyzed crop insurance and ad hoc disaster payment data and reviewed scientific and economic studies of the two approaches to farm assistance, and they conclude:
"In the six years between 1999 and 2008 in which Congress authorized large ad hoc disaster relief programs, the total cost to taxpayers of crop insurance (which does not include the share of premiums paid by farmers) was almost $20 billion - nearly a third larger than disaster payments.
In the report just released by the organization- EWG says "swapping crop insurance for disaster programs has created "a different kind of disaster - for taxpayers and the environment."
to read more from EWG and for a link to the complete report.
For nearly a century, Stillwater Milling has been providing ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A&M Feeds can be delivered to your farm, found at their agri-center stores in Stillwater, Davis, Claremore and Perry or at more than 100 dealers in Oklahoma, Arkansas, Kansas and Texas.
We appreciate Stillwater Milling's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more a
bout their products and services.
Anderson Finds Slightly Lower Australia Wheat Production Boosting U.S. Wheat Prices
Wheat prices are in short-run up trend. On this weekend's edition of SUNUP, Host
talks with Oklahoma State University Grain Marketing Specialist
about the wheat market outlook. A couple weeks ago, the December Kansas City wheat futures prices bottomed out at $4.70. Since then wheat prices have gotten up to $4.90. Anderson said wheat prices have been on a long run downward trend since harvest.
"To break those trends, that one that was set in July, we need to get above $5 and really above $5.20 to break the long run down trend that started back in 2012," Anderson said. "We need to get those futures prices up around $5.50 or $5.60."
For wheat prices to move higher in the short run, wheat production needs to drop in key growing regions, such as Australia and Argentina. Both of those crops are being harvested right now. Anderson said Australia's wheat production is coming in lower than expected, but he thinks that has already been factored into the market. While the wheat crop in Argentina is coming in close to expectations. A larger market factor is an up coming election. Anderson said right now Argentina has a relatively high export tariff rate for wheat and both candidates have said they will reduce or eliminate the tariff. That has farmers holding onto their wheat crop.
"I think both of those are reasons that wheat prices challenge that $5 mark," Anderson said. "Whether they will take 'em through it, probably not. We probably need a loss of production somewhere else to get prices to break $5 or $5.20."
Click or tap here
to listen to Kim's comments on marketing the 2015 wheat crop or to read the SUNUP show lineup.
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Cattle producers have experienced a challenging year for 2015, especially with the cattle market collapse of late August, September into early October. Speaking at the Angus Means Business Convention in Overland Park, Kansas,
said the collapse wasn't completely unexpected. CattleFax predicted 2015 could be a year of volatility. In going into the year, he said they tried to warn cattlemen that this market was near the top end of a historical trading range.
In 2014, consumers had to get used to consuming less than 200 pounds of protein. Zimmerman said that took place for the first time since 1991. He said it wasn't due to demand, but rather supply. The beef industry had gone through a decade of contraction. The pork industry was battling with the porcine epidemic diarrhea virus (PEDV) and the broiler industry was struggling with fertility issues.
"Production was so constrained in 2014, you finally started to see some of those competing protein prices break at the end of last year," Zimmerman said. "But beef road the wave a little bit longer than the rest and we put in those highs in the first quarter. Then we carved out the lows here at the start of the fourth quarter. So, yeah, it's been a wild ride, but just due to dynamics we were facing it was due to happen at some point."
Heavy carcasses have weighed down the cattle market this year. Zimmerman said those heavy carcass are a symptom of a bigger problem.
Click or tap here
to listen to this Beef Buzz feature.
This N That- Apache Female Sale and Armitage Cattle and Horse Sales Set for Saturday- And OCA Fall Gatherings Kick Off Monday
Apache Livestock Market has a special fall Female Replacement Sale happening tomorrow- starting at 11:00 AM.
They are selling approximately 700 head of quality fall and spring calving cows and heifers- details are
The Fall Gathering- Presented by Armitage Livestock is happening tomorrow as well- at OKC West Market, El Reno, Oklahoma
There are three times to remember:
11 a.m. Selling 2000 commercial females includes 165 pairs, 1200 young cows and 530 bred heifers
3:30 p.m. 35 Registered Brangus Bulls
6 p.m. A Bar Ranch Remuda Sale selling 17 ranch geldings and 40 weaned colts.
More information is
Each year the
Oklahoma Cattlemen's Association coordinates at least four Fall Gatherings, each held in a different region of Oklahoma.
The Fall Gatherings provide OCA members an opportunity to fellowship with area cattlemen in a casual atmosphere while gaining tips on how to protect our livelihood and enhance production practices.
You are invited to join fellow cattlemen at a location near you for a casual dinner and lots of good information. The program begins at 6:30 p.m. with dinner.
The first two are planned for next week- Monday in Ft. Gibson at the Three Forks Ranch and then on Thursday in Elgin at MCS Cattle Company.
Click here for more info
and how you can RSVP online.
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