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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 in El Reno steer and heifer calf trends were not well tested but a higher undertone was noted. Click or tap here to view the full report from the USDA.
FedCattleExchange.com has 1,533head of cattle on their showlist for the Wednesday, September 25th sale of finished cattle - click here to jump to the website.
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
Wednesday, September 25, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update. |
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Featured Story:
Special rangers of the Texas and Southwestern Cattle Raisers Association are warning cattle producers to take extra precautions amid a surge in scams targeting ranchers.
All ranchers are urged to be on high alert, especially those who do business via websites and social media. According to TSCRA, con artists prefer the anonymity of electronic or even phone communications and that it is more difficult for law enforcement to track down and prosecute the perpetrators.
One popular scheme over recent years is for a prospective buyer to inquire about cattle, hay or equipment that is for sale by the rancher. The buyer will send a check or cashier's check that is more than the agreed price. The buyer will ask you to cash the check and give the extra money to someone else to pay for transportation and delivery. The check is often counterfeit, designed to look legitimate for just long enough that it can be cashed and the money wired. Sometimes the scammer will even attempt to obtain the items before the check has finally cleared and found to be counterfeit. In either case, the victim is liable for the funds while the crook enjoys the ill-gotten proceeds.
Another common scam targets ranchers who are buying cattle, hay or equipment. The con artist will falsely advertise the items using misleading descriptions and fake photos or video, only to deliver inferior products.
For more tips on how to avoid falling victim to fraudulent schemes and what telltale signs to look out for, click here to jump to the original article on our website.
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Sponsor Spotlight
The Oklahoma Pork Council is a producer organization representing the interests all of pork producers throughout Oklahoma.
Pork Famers in Oklahoma recognize our obligation to build and maintain the trust of customers and the public in our products and our practices. To promote confidence in what we do and how we do it, we affirm the following ethical principles: food safety, animal Safety, environment, public health, employee care and the communities in which we operate.
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Don Close is vice president for food and agribusiness research with Rabo Agrifinance. Over the past year, he has been discussing with the beef industry a relatively new concept which he refers to as the "grow yard." Close defines a grow yard as a niche segment in the beef pipeline situated between the stocker operator and the feedlot which provides residual housing for cattle that for one reason or another are delayed on their way to market.
"If feedyards got backed up... if we had other problems with natural forage and forced us to find a home for cattle or in the event calves just got too cheap - grow yards are available to provide residual housing just when economic incentive drove them to that point," Close explained, adding that such operations are becoming a bigger part of the landscape. "I think things are changing radically and I think it is changing very quickly in that grow yards are being utilized more and more on a full year-round rotation and that as labor constraints have become more and more difficult for commercial feeders, their ability to handle light cattle or stressed or high-risk cattle has just become increasingly inefficient and they are turning more and more to the grow yard to background those cattle."
Close holds the belief that as the demand for high quality cattle and beef continues to grow, the necessity of the grow yard will grow too as an opportunity to add value to cattle that might otherwise have been marginalized if marketed directly. While this concept has been around for a while, Close says the segment is still emerging and growing, not yet fully mature and believes there to be some significant opportunity for those businessmen with expertise in handling low-end cattle.
Listen to Close offer more insights into the grow yard concept and how its role is developing in today's beef industry, on yesterday's Beef Buzz - click here.
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Potential purchases of U.S. ecosystem credits from agriculture could be as high as $13.9 billion according to an IHS Markit economic assessment released Tuesday by the Ecosystem Services Market Consortium. The study sought to determine the extent of market demand for credits that American farmers and ranchers can generate through establishing and maintaining conservation practices that provide quantified ecosystem benefits. The Economic Assessment was released at the Sept. 24 Farm Foundation Forum on "Incentivizing Conservation Agriculture."
"The Informa assessment confirms ESMC's conviction that there is substantial demand for ecosystem services from farmers and ranchers. ESMC is building a voluntary market to monetize those outcomes for producers, using science-based approaches to increase and measure soil organic carbon, reduce greenhouse gas (GHG) emissions and improve water quality and water use efficiency," said ESMC Executive Director Debbie Reed.
The new marketplace will encourage U.S. farmers and ranchers to institute conservation practices on their land that will benefit the environment while increasing sustainability and resiliency. ESMC's goal is to build a marketplace that works first and foremost for farmers and ranchers, but also meets the desires of corporations, industries and municipal operations to meet regulatory and sustainability objectives.
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Growth Energy, the nation's largest association of biofuel producers, released a new report examining the potential impact of a growing role for U.S. biofuels in America's clean energy future. The report was authored by Ramboll, a global research and management firm specializing in sustainable development, at the request of Growth Energy. It presents the latest data on U.S. agricultural innovation, provides a detailed review of recent studies and illuminates gaps in the U.S. Environmental Protection Agency's (EPA) understanding of U.S. biofuel production.
Growth Energy CEO Emily Skor remarked, "From the lab to the farm, new innovations have allowed us to ramp up production year after year, without expanding our environmental footprint. Today's report will help regulators in Washington wade through misinformation and make decisions about the future growth of biofuels based on sound science."
The report has been submitted to the EPA as the agency crafts regulations under the Renewable Fuel Standard (RFS). The report identifies fundamental flaws in studies purporting to show a causal link between the RFS and land use conversion, and debunks the narrative that increased ethanol production cannot be accomplished without environmental impacts.
Continuing reading Growth Energy's statement or read the full report that was released, by clicking or tapping here.
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Sponsor Spotlight
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.
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U.S. Senator Jim Inhofe joined U.S. Sen. David Perdue (R-GA) along with 10 other senators on Friday in sending a letter encouraging U.S. Trade Representative Robert Lighthizer to prioritize a reduction in pecan tariffs as the Trump Administration continues trade negotiations with India.
Oklahoma is consistently ranked top five in pecan production nationwide, producing about 5 percent of the country's total pecan production each year.
In addition to Sen. Inhofe, Sen. Perdue was joined in sending the letter by U.S. Sens. John Boozman (R-AR), John Cornyn (R-TX), Tom Cotton (R-AR), Ted Cruz (R-TX), Martin Heinrich (D-NM), Cindy Hyde-Smith (R-MS), Johnny Isakson (R-GA), Doug Jones (D-AL), Tom Udall (D-NM), and Roger Wicker (R-MS).
"The current disparity in the tariffs India charges on different varieties of tree nuts has created an unlevel playing field for American producers. The current tariff on U.S. pecans entering India is approximately 36 percent, while the tariff for similar products, such as pistachios and almonds, is only 10 percent," wrote the senators.
Click or tap here to read more- and you can also review the full letter via a link at the bottom of the story on our website.
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According to Glenn Selk in his latest article penned for this week's edition of the Cow/Calf Corner newsletter, much of Oklahoma and the Southern Plains should have wheat pasture to utilize as winter feed for stocker cattle, replacement heifers, and in some cases for adult cows. However, Selk warns that as we come into spring, "grass tetany" could occur in a few situations. He asserts that planning ahead now could reduce the risk of grass tetany during the spring calving season.
"Grass tetany, caused by magnesium deficiency does not seem to be a major problem in Oklahoma although occasional cases are reported," Selk writes. "It typically occurs in beef cows during early lactation and is more prevalent in older cows. The reason older cows are thought to be vulnerable is due to the fact that they are less able to mobilize magnesium reserves from the bones than are younger cows. Grass tetany most frequently occurs when cattle are grazing lush immature grasses or small grains pastures and tends to be more prevalent during periods of cloudy weather. Symptoms include incoordination, salivation, excitability (aggressive behavior towards humans) and, in final stages, tetany, convulsions and death."
Selk advises that when conditions for occurrence of tetany are suspected, cows should be provided mineral mixes containing 12 to 15 percent magnesium and be consumed at 3 to 4 ounces per day. Selk recommends supplements be given a couple of months ahead of the period of tetany danger so that proper intake can be established.
Learn more about mineral nutrition of grazing cattle by downloading and reading the Oklahoma State University Extension Circular E-861 Vitamin and Mineral Nutrition of Grazing Cattle, embedded in Selk's article, here.
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Coming Later Today- Episode 4 in Our Road to Rural Prosperity Episodes!
Later today- we will be releasing our fourth episode as we take you on the Road to Rural Prosperity- exploring the idea of making Oklahoma Top Ten in every positive way you can imagine! Here are the links to our Episodes:Episode One- Oklahoma Governor Kevin StittEpisode Two- Brent Kisling, Department of Commerce Executive Director Episode Three- Teresa Rose Crook, CEO of Communities Foundation of Oklahoma
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Our friend Austin Moore is working on his thesis att Texas Tech- you may remember Austin from his time on SUNUP as well as on the programming that was produced by Career Tech while he lived in Stillwater. He needs producers to help him with a research project he is working on.
The study is titled "The Influence of Video Production Techniques on Expert Credibility with Rural Landowning Audiences."
This online survey will take about five minutes, requires that you watch a video then rate a speaker, and will only record limited, non-identifiable information from you.
You can find more information on the first page of the survey, here.
Thanks for helping Austin!
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Pork Council, 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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