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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 or tap 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.
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
Monday, September 9, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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Featured Story:
U.S. beef exports were relatively steady with last year's strong results while pork exports were at a record-high in July. That's from data released by the USDA and put together by the U.S. Meat Export Federation.
Beef exports increased one percent in July to 117,842 metric tons. The export value of $720.4 million was down slightly from a year ago but was still the seventh-highest monthly total on record. January-July beef exports were down two percent from a year
ago in volume, while export value was slightly below last year's record pace. Shipments to Mexico jumped higher in July after a 20 percent tariff was removed.
July pork exports surged to 233,242 metric tons, a 32 percent jump that topped the previous record set in 2018. Export value was $623.3 million, up 34 percent as it broke the previous high reached in November of 2017. Although U.S. pork faces retaliatory
tariffs in China, American pork exports to China and Hong Kong contributed a good chunk of the July volume and value records.
Click
or tap here to read more about the outstanding export numbers in July 2019.
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Sponsor Spotlight
Oklahoma AgCredit supports agriculture and rural Oklahomans with reliable, consistent credit today and tomorrow.
A proud member of the Farm Credit System, Oklahoma AgCredit offers loans and financial services to farmers, ranchers and country home owners. Whether you're looking for land, a country home, livestock, or equipment, Oklahoma AgCredit can help with
long-term fixed rates or short-term loans for running your agricultural operation.
With 17 locations serving 60 counties, we're locals, too. Find
an office near you to talk to a lender who understands agriculture. Financing rural Oklahoma. Equal housing lender, NMLSR ID# 809962. Call us today at 866-245-3633 or go to
www.okagcredit.com.
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The gentle giants will be taking stage at the annual North American Six-Horse Hitch Classic Series Finals. Perfectly synchronized, these teams will impress judges and amaze crowds with precision and grace as the massive horses pull their wagons and perform
maneuvers as they compete for the championship.
The three-day event will take place on Sept. 13 and 14 at 6 p.m. with the final session being at 5 p.m. on Sept. 15. All performances will be in the Performance Arena Barn 6 at State Fair Park. Admission to the finals is free with admission to the fair. They
will also be broadcast on the Cowboy Channel.
The North American Six-Horse Hitch Classic Series Finals are full of elegance and pageantry with polished hooves, ribbons and tassels attached to the manes of the giant Clydesdales, Percherons and Belgians. Drivers are dressed in formal western attire
as they control ornately designed wagons worthy of their own competition.But this event is about the horses, and the stakes are high with $100,000 in prize money.
"We've worked to bring the Gentle Giants World Championship to Oklahoma City since 2011," said Bob Funk, owner of the Yukon-based world champion Express Clydesdales. "I can't think of a better
way of spending an evening at the Oklahoma State Fair."
You can read more about the Super Bowl of the draft horse industry,
by jumping over to our website.
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Rethink the Ranch is a social media effort that has been undertaken by the beef industry, one of many strategies used to connect with consumers and effectively share the story about how beef is produced today. Alisa
Harrison with the National Cattlemen's Beef Association says that in conjunction with this campaign, considerations are being made about how to enhance the impact of that message by leveraging the positive aspects of an existing program known
as the Beef Quality Assurance program (BQA). While BQA is well-known among producers and industry stakeholders, many consumers are unaware of the program's contribution to the overall quality and safety of American beef. During
a recent interview with me Harrison explained how this process in turning a program geared toward producers is being shifted to include a consumer-facing component as well.
"Consumers responded very well to it. Once they learned about the program and the steps that producers go through to produce healthy animals and use resources wisely - it makes them feel so much better and it answers their questions," Harrison said. "We're
trying to be transparent, so if consumers have questions about beef or beef production, we're going to provide the information to them."
This campaign has been in development for some time now and is scheduled to launch later this fall. Harrison describes the idea behind it, comparing it to the car commercials often aired on TV that highlight a specific model's ranking on a scale or performance
test used and recognized primarily by those within auto-industry. Much like that, consumers are typically not totally familiar with what exactly it is, but they have a general understanding of it and it makes them more confident about the product - knowing
that it has met certain industry standards.
You can listen to the whole conversation between Harrison and I on Friday's Beef Buzz -
here.
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Congress returns to Washington next week and stakeholders in the ag community agree - passage of the new U.S.-Mexico-Canada Agreement (USMCA) should be at the top of their agenda. Farmers have taken the opportunity to share that message with lawmakers
during the August break and are eager to see the the agreement can move forward for consideration.
According to a recent release, "USMCA will solidify a $4.56 billion export market and provide some certainty for farmers weathering a perfect storm of challenges. Ratifying USMCA will also instill confidence in other nations that the U.S. is a reliable
partner and supplier, ensuring U.S. agriculture remains competitive for generations to come."
Since NAFTA, U.S. ag exports have tripled to Canada and quintupled to Mexico. For more information on what these markets mean to our state and others or to find out how you can show your support for the USMCA to your Congressional leaders,
click here.
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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. To learn more, visit www.oklabeef.org.
Also, don't forget to like its Facebook page at www.facebook.com/oklabeef
for stories on Oklahoma's ranching families and great beef recipes.
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Noble Research Institute, Agricultural Economics Consultant, Jason Bradley authored the 2019 Preconditioning and Stocker Outlook.
The first thing Bradley talks about is preconditioning. He says the outlook looks to have tighter margins than what has been seen in the past couple of years. He says there are a few factors that may have caused this. In the last year, the price of cattle has
dropped close to $10 per hundredweight. Combine that with corn prices that are around $1/bu higher, and cow-calf producers are seeing their profitability drop.
The next thing he talks about is winter wheat. He says that winter stocker cattle looks to be as profitable as backgrounding. He says if you can have an average daily gain of 2.5 pounds for 120 days, a steer starting at 650 pounds would finish at 950 pounds.
That 950 pound animal in mid-March is now worth an estimated $1,225. Which would be a $275 increase in value over a preconditioned calf.
You can read more from Bradley regarding the 2019 Preconditioning and Stocker Outlook,
by clicking or tapping here.
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In response to flooding impacting many parts of the United States this year, the USDA's Natural Resources Conservation Service (NRCS) has announced the availability to 11 states of $217.5 million dedicated to funding conservation easements on certain lands
damaged by flooding and other natural disasters. In a second round of funding, an additional $9 million has been made available for the floodplain easement component of the Emergency Watershed Protection Program - Floodplain Easements (EWPP-FPE). With that,
Oklahoma, as well as two other states, Kentucky and Mississippi have been added to the list of those identified for funding.
The EWPP-FPE program is a voluntary program through which eligible applicants agree to sell a permanent conservation easement to the United States through NRCS. Compensation is based on the value of the easement as determined by an appraisal or the established
Oklahoma Geographical Area Rate Cap. These easements may occur on private or State/Local government owned agricultural land damaged by flooding and natural disasters. NRCS will work to restore the easement to its natural floodplain condition. Keep in mind,
the easement can never be removed from the land. This is a permanent easement.
The counties in Oklahoma in which property owners can apply for Emergency Watershed Protection Program Floodplain Easements 2019 are:
Kay, Osage, Pawnee, Washington, Tulsa, Okmulgee, Nowata, Rogers, Wagoner, Muskogee, Mayes, Cherokee, Ottawa, Delaware, Sequoyah, Haskell and LeFlore.
Click
over to our website or contact your local NRCS field offices for more information on these floodplain easement opportunities
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Dairy Farmers of America (DFA), a national cooperative owned by family farmers across the U.S., is beginning to recruit startups for its 2020 Accelerator program, which helps mentor and grow companies in the areas of ag technology and dairy food products.
For the 2020 program, DFA is seeking early stage food product companies that are dairy-focused or dairy-based. On the ag tech front, DFA is looking for companies with ag-tech applications related to any portion of the dairy value chain, including but not limited
to product testing, data management, herd health and management, supply chain optimization, sustainability and traceability.
"For the food vertical, we're looking to find companies that are doing new and interesting things with dairy as the main component," says Doug Dresslaer, Director of Innovation at DFA. "With ag tech, our goal is to identify
companies with applications or technologies that can help us improve processes or reduce margins to ultimately enhance productivity on our members' farms."
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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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