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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.
Bellringer 2020 for Superior Livestock Auction kicks off this morning at 8:00 AM Central Time from Denver- 86,800 head of cattle to sell today and tomorrow- Yearlings today and Calves tomorrow- click here for all the details on the Superior website.
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 in El Reno- the calf market kicked off the new year higher- Compared to the last sale 12-17-19: Steer and heifer calves calves that were weaned and had shots sold 3.00-6.00 higher- click here for the complete report from USDA Market News.
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 Tuesday afternoon, January 7th.
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
KC Sheperd, 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, January 8, 2020
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:
The National Pork Producers Council (NPPC) this week called Impossible Foods' naming convention for its plant-based products designed to mimic real pork a brazen violation of labelling law. Citing law that prohibits the use of words that redefine pork as it has been known by consumers for centuries, Dr. Dan Kovich, director of science and technology for the National Pork Producers Council, issued the following statement:
"What's impossible is to make pork from plants. This is a brazen attempt to circumvent decades of food labelling law and centuries of precedence. Any adjective placed in front of the word pork can only refine it, not redefine it. It's not pork. It's not pork sausage. It can't be labelled as such."
NPPC supports consumer choice and competitive markets on a level playing field. Accordingly, plant-based and cell-cultured products designed to mimic real meat must face the same stringent regulatory requirements as livestock agriculture, including truthful labelling standards.
Click or tap here to read more from NPPC regarding the violation of labelling laws.
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Sponsor Spotlight
Oklahoma Agriculture Mediation Program, Inc. has been helping people in agriculture resolve conflicts since 1987. Since becoming the first USDA-certified mediation provider for the state of Oklahoma, our professional mediators have helped thousands of farmers, ranchers and federal agencies work together to reach realistic, durable solutions to the challenges they face. OAMP, Inc. knows how costly and stressful it is to leave the decision about one's future in the hands of someone else, as would be the case in court or at a hearing.
OAMP, Inc. is there as part of a program that helps people talk about what really matters so they can reach their own solutions in mediation. Learn more about OAMP, Inc. and the mediation process by visiting their website at https://www.ok.gov/mediation/ or contact them toll free at 1-800-248-5465.
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Producer sentiment regarding current economic conditions of the agricultural economy dropped 12 points in December, according to the Purdue University/CME Group Ag Economy Barometer. The Index of Current Conditions registered a reading of 141, down from 153 in November. Meanwhile, the Index of Future Expectations remained strong, up 2 points in December to a reading of 155. The Ag Economy Barometer, which encompasses results from both indices and is based on a mid-month survey of 400 U.S. crop and livestock producers, dropped 3 points in December to a reading of 150, down from 153 in November.
"Agricultural producers in December were less optimistic about current economic conditions on their farms than a month earlier but remained optimistic about future economic conditions," said James Mintert, the barometer's principal investigator and director of Purdue University's Center for Commercial Agriculture.
In the December survey, producers were asked whet her their farm's 2019 financial performance was better, as expected, or worse than their initial budget projections. Just over-half (52 percent), stated that their initial projections matched their farm's financial performance; 30 percent stated it was worse; and 19 percent stated it was better than expected. "These results are indicative of the variability in economic conditions on U.S. farm operations, with some farms performing better than expected and others worse than expected," said Mintert.
You can read more about farmer sentiment regarding the economic condition right now, by clicking or tapping here.
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The Senate Finance Committee, as expected, had little trouble moving the US Mexico Canada Agreement forward- approving the implementing legislation for USMCA by a 25 to 3 vote.
American Farm Bureau Federation President Zippy Duvall says the agreement is "one step away" from completion. Duvall says passage of the agreement "will protect our valuable trade relationships with our nearest neighbors and return certainty to our markets." The agreement is expected to increase U.S. ag exports by $2 billion and result in a $65 billion increase in gross domestic product.
You can read more about USMCA from AFBF, by jumping over to our website.
National Pork Producers Council President David Herring also praised the vote in the Finance Committee adding, "We now urge Senate Majority Leader Mitch McConnell to schedule a vote on the floor as soon as possible." For the U.S. pork industry, USMCA will maintain long-term, zero-duty market access to Mexico and Canada. In 2018, Canada and Mexico took over 40 percent of the pork that was exported from the United States, and a similar percentage is expected in 2019. U.S. pork exports to Canada and Mexico support 16,000 U.S. jobs.
Among those speaking in favor of USMCA was Oklahoma Senator James Lankford- here's the video of his comments to the Committee- he spoke of the improvements in the agreement for Oklahoma and US Wheat farmers in dealing with Canada among other things:
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| | Senator Lankford Urges Yes Vote on USMCA |
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The American Farmers & Ranchers/Oklahoma Farmers Union (AFR/OFU) 2020 Policy Committee convened in Oklahoma City at the start of this week to discuss proposed changes and additions to the organization's policy.
Committee members play an integral role in policy development. Policies created or altered during the committee meetings and then adopted by delegates during the 2020 AFR/OFU State Convention Feb. 14-16 will govern AFR/OFU legislative efforts through the next year.
Topics of this year's discussion included electronic animal identification, African swine fever, legislative redistricting, agricultural land reassessment, rural internet access, agricultural extension funding, and the current challenges for agricultural cooperatives.
Representatives from an array of entities presented to the committee, including Oklahoma Department of Agriculture, Food & Forestry, Oklahoma State University's Division of Agricultural Sciences & Natural Resources, Oklahoma Agricultural Cooperatives Council, Oklahoma Rural Water Association, The Petroleum Alliance, Oklahoma Association of Electric Cooperatives, The Poultry Federation, Oklahoma Cable & Internet Association, Oklahoma Cattleman's Association, Oklahoma Cotton Council, Oklahoma Pork Council, Oklahoma Hospital Association, Advanced Power Alliance, Connors State College, Environmental Federation of Oklahoma, Coalition of Oklahoma Surface and Mineral Owners, Oklahoma Agribusiness Retailers Association, Oklahoma Wheat Growers Association, Oklahoma Grain & Feed Association, Oklahoma Seed Trade Association.
"The AFR/OFU policy process is a model of grassroots legislative efforts in action," said AFR/OFU Cooperative President Scott Blubaugh. "Because many of our policies originate from resolutions crafted in our local and county organizations; AFR/OFU members know their voices are heard at the state and national level."
Click here to read more about the policies that AFR/OFU are taking head on this year.
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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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The US and China are a week away from the scheduled signing of the phase one trade deal announced by President Trump back in October of 2019.According to President Trump, it's going to be huge for U.S. agriculture- perhaps forty billion dollars in sales annually. Erin Borror, Economist for the U.S. Meat Export Federation, says we're still waiting for details about exactly how the phytosanitary standards currently in place for U.S. beef into China may or may not change, "China is the big one that's still out there that we're anxiously awaiting those details. So hopefully, as President Trump tweeted the signing on the 15th, we'll see, but yes, we are on the edge of our chairs. As Ambassador Lighthizer has said, The other barriers, besides just tariffs, are supposedly addressed in this agreement. And there is yes, a long list of those barriers, facing our U.S. Beef. I would note that China imposes these barriers on all of its suppliers and our production system we're not really set up to produce versus South America where they don't use growth hormones anyway. They have traceability requirements because of FMD." Borror adds that while China has traceability requirements and more with most of their suppliers- the question is will some of the rules put in place when the President announced the Chinese market was back open to US Beef in 2018- will those rules be relaxed? Borror adds "So, if we get big changes in the market access conditions, SPS, or sanitary-phyto requirements, then, yes, it could be mind-boggling.""The Chinese market has been on fire again this year, and imports are massive. They're the biggest importer in the world by far, and those numbers, $7.3, billion worth of beef imported January through November. We will have bought in the U.S. somewhere over $5 billion worth of beef coming into this country, and we used to be the biggest importer in the world. So it's been quite a shift into China. The U.S currently accounts for less than 1% of China's imports.
You can listen to the entire conversation between Borror and I on Tuesday's Beef Buzz - here.
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Cotton growers have a new resource to help determine their seed cotton Price Loss Coverage (PLC) payment rate per base acre.
The Seed Cotton PLC Payment Matrix is a helpful decision tool for producers as they begin to make their Title I policy decisions for the 2019 and 2020 crop years.
Growers can plug in their own seed cotton yield to estimate their seed cotton PLC payment rate per base acre. The matrix takes into account the marketing year average (MYA) price for lint and seed. It is current as of the end of December 2019 and will be updated monthly.
"This is not a guaranteed calculation, but it will give growers and
lenders an idea of their potential PLC payment rate on seed cotton," PCG Vice President of Operations and Legislative Affairs Kody Bessent said.
Click here to read more about the PLC potential for seed cotton.
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The National Cattlemen's Beef Association (NCBA), a contractor to the Beef Checkoff, has selected Brandi Buzzard Frobose, blogger, Kansas rancher and influencer, as the 2019 Advocate of the Year. This honor is given annually to an outstanding Masters of Beef Advocacy (MBA) program graduate to recognize his or her success in reaching and educating consumers who want to learn more about beef and raising cattle. MBA is a Checkoff-funded program designed to equip advocates with the training, knowledge, and experience to advance their advocacy efforts as spokespeople for the industry.
In addition to being a mom to 3-year old Oakley and co-owner of High Bar Cattle Company with her husband, Hyatt, near Greeley, Kansas, Buzzard Frobose is a full-time beef industry communications professional. As busy as she may be, Brandi still finds time to connect with consumers by honestly and transparently sharing information about beef's great taste, unbeatable nutrition and the hardworking farmers and ranchers who produce it through her online social media platforms and blog.
Brandi's interest in and passion for the beef industry was ingrained in her at a young age as she tagged along with her dad and grandpa at feedlots, roping, and working with her cattle and hogs for the local fair.
As an exemplary advocate, Buzzard Frobose enjoys giving her fans and followers a glimpse into her life as a rancher and mom. She also frequently shares tasty beef recipes and candid perspectives on current beef events through her blog, Buzzard's Beat, and across her social media channels. Her "door" is always open for people to ask questions. Brandi uses social media as a way of connecting, sharing and inspiring others about life on the ranch and raising cattle.
You can read more about why NCBA and MBA felt like Buzzard Frobose deserved the award, by clicking or tapping 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, Oklahoma Ag Mediation Program, Inc., 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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