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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 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.
At OKC West feeder steers and heifers traded 1.00-3.00 lower on very limited comparable sales Wednesday - click here to review the complete report from the USDA.
FedCattleExchange.com offered 847 head Wednesday with 335 cattle actually selling. Click here to see their complete market results.
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:
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
Thursday, September 5, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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Featured Story:
On Tuesday, Governor Kevin Stitt signed an agreement formalizing a strategic alliance between the Oklahoma State Secretary of Energy and Environment, Oklahoma Department of Environmental Quality, Oklahoma Water Resources Board and the Oklahoma Rural Water Association. Our Associate Farm Director Carson Horn caught up with J.R. Welch, sustainability services program director for the Oklahoma Rural Water Association, to talk about this historic agreement and the impact it will have in Oklahoma's rural communities.
"This signing was monumental for the state of Oklahoma. We have a lot of rural water districts and small municipalities across the state that have a lot of great infrastructure needs," Welch remarked after the signing ceremony. "This signing solidifies the relationship between our organization, the DEQ and the Water Resources Board, which will allow us to pool our resources together, go out and work with these communities and rural water systems to become more sustainable."
According to Welch, many of Oklahoma's rural communities are dealing with water and wastewater systems that range anywhere from 70 to 100 years old. It has been revealed through regular audits conducted by the ORWA's Leak Detection Team, that these aging systems leak upwards of 30% of available water resources - costing affected communities significantly. In some cases, Welch says the leakage rate can be as high as 60 to 70%. The program this alliance was built on has already saved the state more than $406,000 to date and has positioned the 22 systems currently operating under the program to be self-sufficient and sustainable for their future use and maintenance needs.
You can listen to Carson's complete conversation with Welch, by clicking or tapping here to learn more about this program and the new alliance.
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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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The rise of alternative meat products is an issue the beef industry has monitored closely. The potential this product has to change the protein landscape has prompted concern among industry stakeholders, resulting in the industry's active engagement with its advocacy groups including the National Cattlemen's Beef Association and the Beef Checkoff to mitigate any encroachment on beef's market share. According to Alisa Harrison, senior vice president of global marketing and research for NCBA, the situation is far less concerning than most people realize."These new products are getting a tremendous amount of media attention. They are the new darling out there which is very normal when new products hit the stage," Harrison explained. "The bottom line is however, consumers are eating record levels of beef. Beef demand is high and consumers tell us they love beef."The Millennial generation has been credited as the driving force behind the rise in alternative meat products, however, Harrison says this is simply not the case. While Millennials are more likely to sample an alternative meat item, they continue to be one of the strongest beef-consuming segments in the market. Despite what some people's perception is about growing vegetarianism in the country and around the world, Harrison says in reality 95 to 97 percent of consumers have consistently embraced a meat-inclusive diet for decades.Listen to my complete conversation with Harrison about the misconceptions stakeholders have regarding the rise of alternative meat products, on yesterday's Beef Buzz - click here.
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Allendale, Inc. a Chicago area agricultural commodity brokerage and analysis firm released this week the results of its recent yield survey. Based on those findings, Allendale has projected a US corn crop of 13.755 billion bushels and a soybean crop of 3.499 billion bushels.
These estimates derived from the 30th annual Nationwide Producer Yield Survey which was conducted last month, were based on producer calculated yields in 29 states. Ample surveys provided the numbers needed to project yields in the top 12 states, covering 86% of corn production and 83% of soybean production. For this survey, the smaller states were assumed using USDA's August 12 estimates. Harvested acres were assumed using USDA's August 12 estimates. No adjustments for maturity concerns were made.
View the original release for Allendale's complete report on the information above, by clicking over to our website.
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In this week's "Cow Calf Corner," Dr. Glenn Selk of OSU explained why proper cow culling is important to your business.
According to him, cull cows represent approximately 20% of the gross income of any commercial cow operation and represent 10% of the beef that is consumed in the United States. Therefore, Selk insists ranchers need to make certain they sell cull cows when they will return the most income. With this in mind, he argues that a rancher must be knowledgeable about cull cow health and body condition. Proper cow culling, he adds, reduces the chance that a cow carcass is condemned at the packing plant and becomes a money drain for the entire beef industry.
Selk offers a list of several questions that producers should ask themselves when considering the right time to cull a cow. For instance, "Is she good for another year? Will she keep enough body condition through the winter to rebreed next year? How old is the cow? Is her mouth sound so that she can harvest forage and be nutritionally strong enough to reproduce and raise a big calf? At what age do cows usually start to become less productive?" Answering all these questions are a good place to start that decision-making process. But, there are other reasons to consider culling cows, too. These reasons can be determined with some simple examinations.
Selk advises producers considering culling to examine the eye health of their cows, check their feet and legs. Cows with bad udders should be culled, as should cows with only moderate body condition. Selk advises producers to cull any really wild cattle as well as any open cows that are still in good body condition after summer pasture and before you spend $200 or more on the winter feed bill. For more of Selk's advice on what to think about when culling cattle, click here to read his full article.
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Sponsor Spotlight
As Oklahoma's largest John Deere dealer, P&K Equipment is proud to be your local expert source for equipment, parts, and service. As an Oklahoma-based, family-run company, the P&K network consists of 16 locations in Oklahoma, 2 locations in Arkansas, and 9 locations in Iowa. Our Oklahoma and agricultural roots run deep and our history spans over 30 years.
At P&K, we make it our mission to provide you with top-notch solutions and unbeatable customer service at a price you CAN afford. Visit pkequipment.com and you'll have it all at your fingertips: request a quote, schedule service, get a value for your trade, find current promotions, and shop for parts online. Stop by one of our locations today to meet the P&K team. You'll see why around here, John Deere starts with P&K.
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On the latest episode of the Southern Plains Podcast, host Clay Pope visits with Julian Reyes, Research Fellow with the Southwest Climate Hub, about the Ag Risk Viewer.
The Southwest Hub developed this tool to analyze data from the USDA Risk Management Agency (RMA). With this tool, stakeholders can better observe crop insurance loss trends over time by commodity at either the county or state level. Julian also talks about the work of the Southwest Hub and some of the climate related issues facing agriculture in his region.
You can listen to Pope's complete conversation with Reyes about the Ag Risk Viewer tool and how it can help industry stakeholders manage their agricultural risk, by clicking or tapping here or access the complete podcast series by visiting the Southern Pains Podcast website.
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The desire for work-life balance and pre-packaged meals requiring little or no kitchen time is leading consumers around the world to a surprising new destination for breakfast, lunch and dinner: the neighborhood convenience store. According to a recent release from the US Meat Export Federation, convenience stores are offering a wide selection of entree and full meal options that are winning over customers and creating more demand for U.S. red meat.
"Just as important as promoting existing products, we are developing brand new ideas for packaged meals and protein snack items featuring U.S. beef and pork that fit well with consumer trends in each individual market," said USMEF President and CEO Dan Halstrom. "USMEF recognizes the scope of this opportunity and the enormous demand that is driving it. The trend is toward high-quality meat, and that is definitely an advantage for U.S. beef and pork."
Solid data supports USMEF's pursuit of a larger share of the bustling global convenience store market. According to a 2019 report by Euromonitor, which tracks retail sales and maintains a category dedicated specifically to convenience stores, per capita spending on foodservice products at convenience stores increased 14% worldwide between 2013 and 2018 and is projected to increase another 11% by 2023. South Korea has led the way, experiencing a whopping 142% increase in per capita convenience store foodservice spending from 2013 to 2018 with another 47% increase projected by 2023. Japan, Taiwan, the ASEAN region and Mexico are other fast-growing markets identified by Euromonitor.
Click here to continue reading about the growing demand for US red meat that convenience stores around the world are generating.
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In a world of emerging technologies and changing consumer expectations, how will producers market calves to the highest potential in the future? At the 16th Annual Holt Cat® Symposium on Excellence in Ranch Management, beef industry professionals will share their vision of the future for beef marketing and how the implementation of new marketing technologies will help individual ranchers and the entire beef industry position to serve the ever-changing consumer.
The annual KRIRM symposium on Oct. 17-18, 2019, titled "The Future of Beef Marketing: Technology and the Changing Consumer," will highlight beef trends in marketing, consumer preferences, and how the beef industry can meet those consumer demands to enhance profits and sustain the industry.
This year's symposium speakers bring knowledge that spans across multiple facets on the beef industry, from marketing and consumers to technology and supply chains.
To register for this event or to continue reading about the lineup of speakers and the knowledge they plan to share at this year's symposium, click here.
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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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