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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!
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.
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
At OKC West steer and heifer calves were to lightly tested for an accurate market trend - click here to review the full sale report from the USDA.
FedCattleExchange.com has 734 head of cattle on their showlist for the Wednesday, August 28th sale of finished cattle - click here to jump to the website.
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures- click here for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Futures Wrap:
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
Kane Kinion, Web and Email Editorial Assistant
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, August 28, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update. |
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Featured Story:
This past Sunday, President Donald Trump and Japanese Prime Minister Shinzo Abe announced an agreement in principle that will greatly improve access for U.S. red meat in Japan - the largest value destination for U.S. pork and beef exports.
U.S. Meat Export Federation President and CEO Dan Halstrom is featured in the latest Beef Buzz and talked about the importance of leveling the competitive playing field in Japan for U.S. pork and beef, which currently face significant tariff disadvantages compared to products imported from countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Japan-EU Economic Partnership Agreement. Halstrom calls the announcement made by the leaders of the two countries "huge news" for both beef and pork producers.
Halstrom will be leading a delegation of pork, beef, corn and soybean producers and other U.S. ag industry leaders that will visit Japan in early September, and he notes that key customers in Japan will also be pleased to be gaining better access to U.S. red meat products.
You can listen to the entire conversation between Halstrom and I on Tuesday's Beef Buzz - here.
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Sponsor Spotlight
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more. And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
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United States Department of Agriculture (USDA) Secretary Sonny Perdue announced earlier in the week the appointment of five individuals to the United Sorghum Checkoff Program (USCP) board of directors. Members will serve three-year terms.
The sorghum farmers appointed to the board are Kent Martin, of Carmen, Oklahoma, James Haase, of Eads, Colorado, Jeffry D. Zortman, of Fowler, Kansas, Kendall Hodgson, of Little River, Kansas, and Joshua Birdwell, of Malone, Texas.
Kent Martin was reappointed to the at-large seat he currently holds, and James Haase was appointed to a vacant at-large seat. Jeffry Zortman and Kendall Hodgson were appointed to the two Kansas seats held by Martin Kerschen from Garden Plain, Kansas, and Clayton Short from Assaria. Joshua Birdwell was appointed to the Texas seat held by Dan Krienke of Perryton, Texas. Kerschen, Short and Krienke will complete their service to the board in December.
"We look forward to welcoming both the new and returning directors to the Sorghum Checkoff board of directors," said Sorghum Checkoff Executive Director Florentino Lopez. "The board of directors plays an essential role in our efforts to innovate and enhance the value of sorghum, and we anticipate the talent and contributions these new and returning individuals will bring to the board of directors and to the benefit of our industry's farmers."
You can read more about the new appointees to the board of directors USCP, by clicking or tapping here.
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The Buford Ranch won champion team honors at the 35th Anniversary Oklahoma Cattlemen's Association (OCA) Ranch Rodeo. 2019 is the third year in a row that the Buford Ranch has claimed the win. They tied for Champion honors in 2015. The cowboys riding for the Buford Ranch headquartered out of Hominy, Okla. include Doug Branch, John Holloway, Rielly Holloway, Fayth Holloway and Hayden Bethel. This win qualifies Buford Ranch will compete at the Working Ranch Cowboy Association National Finals this fall.
"While winning Champion honors is exciting, the OCA Ranch Rodeo is twelve teams of cowboys competing with one goal: to support the Children's Hospital Foundation (CHF)," said Tim Drummond, Chairman of the OCA Ranch Rodeo Committee.
The OCA Ranch Rodeo has raised more than $500,000 to CHF since 1997, to help fund children's medical research and treatment for children right here at home in Oklahoma.
"The winning team did not take home much more than bumps and bruises," Drummond said. "But the camaraderie among the ranch teams paired with our mission . . . 'Cowboys Helping Kids' makes participating worthwhile and enjoyable."
Click or tap here to read more about the 35th annual OCA Ranch Rodeo champion team.
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Is it the Real Thing- or Just a Fake- New Meaning in the F of KFC as They Offer Plant Based Nuggets
KFC announced the brief introduction of Beyond Fried Chicken in a trial run, a meat-free alternative to its staple products. In partnership with Beyond Meat, the fast food chain tested the new offering briefly Tuesday at an Atlanta, Georgia, location.
Customer feedback from the Atlanta test will be considered as KFC evaluates a broader test or potential national rollout. Beyond Fried Chicken is fried to order. It is available as a nugget or as a boneless wing. The products are 100 percent plant-based, and Beyond Meat says they are prepared in a dedicated fryer.
In a news release, , KFC president and chief concept officer Kevin Hochman stated, "our customers will find it difficult to tell that it's plant-based." Beyond Meat continues to grow its line of meat-imitating products through fast food restaurant chains. Within the last month, Beyond Meat announced product offerings at Subway and Dunkin Donuts, along with including in meal delivery companies Hello Fresh and Blue Apron.
Social Media Comments were less than kind- two that jumped out at me- the new meaning of what KFC stands for- Kentucky FAKE Chicken- and then there is the acronym- In a take off of the WWJD of a few years back- there is WWCD??? Which stands for What Would Chipolte Do? This in reference to the statement by the Chipolte Mexican folks who said that Fake Meat(Plant based protein) is TOO HIGHLY processed for their customers.
The Fad Continues....
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Sponsor Spotlight
The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations.
AND- you are invited to participate this coming Thursday evening- August 29th- for a live BQA Training Event at the Cherokee Livestock Market from 6 to 8 PM.- call the market at 580-596-3361 to RSVP.
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Dr. Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist, offers herd health advice as part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Selk talks about the benefits of a 45 day weaning period.
"The "Value-Added" calf sales will begin in September and continue in the fall months," Selk said. "Therefore some of the required weaning dates have already past and others are only a few days away. Most of the "Value-Added" calf sales require that the calves are weaned at least 45 days prior to sale date. Some cow calf producers may wonder why the post-weaning period needs to be so lengthy."
Selk says the reasoning behind this, can be traced back to research done in Iowa. They compiled nine years worth of data from feedyard tests to compare the health of calves weaned less than 30 days to the health of calves weaned longer than 30 days.
"Calves that had been sent to a feedlot at a time less than 30 days had a higher incidence of bovine respiratory disease (28%) compared to calves weaned longer than 30 days (13%)," he said. "The percentage of calves that required 3 or more treatments also was significantly different (6% versus 1%) in favor of calves that had been weaned more than 30 days. In fact the calves weaned less than 30 days were not different in health attributes than calves that were weaned on the way to the feedlot."
You can read more from Selk regarding the benefits of a 45 day weaning period, by jumping over to our website.
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A business focus continues to pay for itself on Colorado's Noble Ranch. Colorado Rancher, Ryan Noble talks about how a decision he made in the past set him up to best enterprise the heifers on his operation.
"With our continuing education of Ranching for Profit, we sit down at least quarterly and figure out our gross margins which really gives us the economic snapshot of current enterprises and maybe future enterprises that we need to look at," Noble said. "We'll factor in a little bit of labor. Is it too much labor to have all cows? Or is it too much risk to have all breeding heifers?"
Noble says most of the heifers that come off of his operation will have already been sorted once with GeneMax™ testing. They can also be turned out for a bit before you get them, or finished in the grow yard on the property, he added.
"Then we go ahead and go through this entire protocol when these heifers are developed and we'll identify the cattle that are bred and the rest of them will go to Chappell Feedlot, where they get fed. All the carcass data is analyzed and it really gives a producer a great snapshot of where their herd is at and where it's going."
You can watch the video or read more from Noble, by clicking or tapping here.
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BONUS- One Crop Scout Thinks USDA Might Be LOW on Corn Yield
Karen Braun is one of my favorite Ag Writers that I follow on Twitter- she is a Global Agriculture Columnist for Reuters and was a participant in the just concluded Pro Farmer Midwest Crop Tour- you may recall that we quoted her extensively.
Well, she has offered some BONUS coverage about what she is thinking after the Crop Tour.
She writes on Linked In "Friday's summary was very data-driven, comparing the Crop Tour results year-on-year along with USDA's forecasts relative to last year. If you missed that one, the quick overview is that the Tour samples for corn yield suggested that USDA's yields were reasonable in all seven states except for in South Dakota, where the Tour implied it might be much lower."
The Friday estimate released by Pro Farmer was not just the Crop Tour- but an estimate of the national crop- beyond the routes driven by the scouts- Pro Farmer placed U.S. corn yield at 163.3 bushels per acre.
Braun says "My opinion? The corn yield is too low. The biggest standout - what the heck happened in Iowa? The Tour yield samples were down 3% on the year in Iowa. USDA projects Iowa at 191 bpa, down 3% on the year. Iowa wasn't even planted that late compared with the Eastern Belt."
Click or tap here for her complete analysis- I would say that she offers a thoughtful case that when we finally harvest the 2019 corn crop- absent an incredibly early and wide spread freeze- the 169 bushels per acre projected by USDA may actually be on the low side of things.
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Prayers Needed
On Sunday, a dear friend entered into the fight of his life. Kurtis Ward is currently in a local hospital battling a very serious and sudden medical condition.
He has been stabilized but faces a long long recovery battle in the months ahead.
I have known Kurtis for a lot of years- first with his association with KIS Futures and more recently as one of the key players in the leadership of National Livestock.
He is well known and thought of in the beef cattle industry- and has served at the state and national level in helping the cattle producer have access to a market that works fairly and efficiently.
This morning- I would ask that you join me in praying for Kurtis and his family (including his work family)- pray that Kurtis will find healing and then recovery in the days to come- and that his friends and family will find the words to say and the actions needed to lift up Kurtis in this time of need.
I know the power of prayer- and I believe that the Great Physician can and will heal.
Thank You.
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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, 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!
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.
God Bless! You can reach us at the following:
phone: 405-473-6144
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