Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 10/7/2019, 6:02 AM
To: Ron Hays <ron.hays@radiooklahoma.net>



 
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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:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture on Friday, October 4th.
 
  
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network - analyzing the Futures Markets from the previous Day.
 
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
 
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
 
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.
 


 
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Ron Hays, Senior Farm Director and Editor

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Dave Lanning, Markets and Production

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Oklahoma's Latest Farm and Ranch News
 
Your Update from Ron Hays of RON
   Monday, October 7, 2019

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
One Featured Story:

Last week, U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler and U.S. Department of Agriculture (USDA) Secretary Sonny Perdue issued statements after President Donald J. Trump successfully negotiated an agreement on the Renewable Fuel Standard (RFS).


According to their statements, Perdue and Wheeler, agreed on a plan to boost renewable fuel production and improve the Renewable Fuels Standard. Perdue says this agreement builds on the success of the year-round E15 rule.


"This forward-looking agreement makes improvements to the RFS program that will better harness the production of our farmers and ensure America remains energy dominant," Perdue says.


Both agencies will take a series of steps to help boost biofuels. The EPA will propose and request public comment on expanding biofuel requirements beginning in 2020. EPA will seek comment on its actions to ensure that more than 15 billion gallons of conventional ethanol will be blended into the nation's fuel supply beginning next year.
They also will ensure that the volume obligation for biomass-based diesel will be met. EPA will also include accounting for relief expected to be provided for small refineries through RFS waivers. Building on year-round E15, EPA will initiate a rulemaking process to streamline labeling and remove other barriers to the sale of E15.



EPA will also evaluate options for RIN market transparency and reform. USDA will look for opportunities for infrastructure projects to help facilitate higher biofuel blends. The administration will continue to work to address ethanol and biodiesel trade issues.


Click here to read more from Administrator Wheeler and Secretary Perdue regarding the Trump Administration announcement. 


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The National Corn Growers Association welcomed the announcement from President Trump last week, directing the EPA to follow the letter of the law and keep the Renewable Fuel Standard (RFS) whole. 


"We're very grateful the President listened to our concerns and is upholding his commitments to put the RFS back on track," NCGA President Kevin Ross said. "Corn farmers weren't shy in telling the President that the impact of these waivers would lead to significant consequences for farmers, folks working at ethanol and biodiesel plants, and the countless other rural jobs that depend on this market."


American Farm Bureau Federation President Zippy Duvall also issued an announcement


"Farm Bureau is pleased the Administration is returning integrity to the Renewable Fuel Standard while ensuring the policy will continue to provide economic opportunities in rural America," Duvall said.


Renewable Fuels Association President and CEO Geoff Cooper offered a statement after the announcement. 


"We thank President Trump for hearing the concerns of ethanol producers, farmers and consumers across the country. The plan announced today takes a crucial step toward repairing the damage done by EPA's small refinery waivers and re-establishes the RFS as a driver of growth in the production and use of low carbon renewable fuels. Once finalized and implemented, this plan will ensure EPA follows the law in setting annual biofuel blending obligations under the RFS," Cooper said. 


The Association of Equipment Manufacturers (AEM) issued a statement following the announcement. 


"Equipment manufacturers and farmers have worked in lockstep to defend the integrity of the Renewable Fuel Standard, and today President Trump demonstrated his commitment to manufacturing and farming communities across the country," said 
Dennis Slater, president of AEM. "The President's plan restores the credibility to the RFS consistent with congressional intent and demonstrates his commitment to pursuing pro-biofuel policies."


Growth Energy, the nation's largest ethanol association, last week applauded the White House's announcement of President Trump's plan to uphold the integrity of the RFS by ensuring biofuel blending targets are truly met each year. 


"It's been a long process, but when the chips were down, President Trump delivered for farm families and biofuel producers. This is a victory for rural America, and we are grateful to our champions in Congress, USDA Secretary Perdue, and governors across the heartland who fought to put homegrown energy back on the market. We also thank President Trump for hearing the voices of farmers and biofuel producers and his commitment to finding a solution that will make an immediate difference for rural families."


Jim Robb is senior economist at the Livestock Marketing Information Center. He recently shared his outlook on cattle prices for the new year. But, to understand where we are headed into 2020, he says we must first understand where we have been.


"As we look at 2019, our total commercial production is going to be up about 1.2% year-over-year and we're going to have fed cattle prices down 2.2%," he explained, pointing out that the 4Q of this year will be the largest year-over-year decline due to the recent packing plant fire. "But, as we look ahead to 2020, we expect beef production to be up only 1%. That'll be the smallest increase since 2015, so we're looking at less than a 1% increase in beef output in 2020, and that gives us in terms of fed cattle actually a year-over-year increase in prices."


Despite Robb's positive outlook, he admits this picture can change rather quickly. He contends though that the big showing from this cyclical adjustment in terms of the breeding herd, starts to show up more clearly in 2021.


You can listen to the entire conversation between Robb and I on Friday's Beef Buzz - here


Oklahoma State University scientists are teaming up with peer researchers at Kansas State University and USDA-Agricultural Research Service in El Reno to enhance cropping systems in the southern Great Plains.


"There is a critical need for integrated research, Extension and education efforts to identify and promote best management practices that increase agricultural productivity, optimize water and nutrient use efficiency, and protect against yield losses from environmental stresses and weeds, all the while improving soil health," said Tyson Ochsner, Sarkeys Distinguished Professor of Applied Soil Physics with OSU's Division of Agricultural Sciences and Natural Resources.


Researchers at the University of Maryland also are part of the multi-institutional team, funded by a nearly $10 million total five-year grant from the National Institute of Food and Agriculture, which is part of the U.S. Department of Agriculture. Approximately $1.9 million will be going to OSU.


Currently, the Oklahoma State team of interdisciplinary researchers and educators includes division faculty members Jason Warren, Brian Arnall, Josh Lofton, Beatrix Haggard, Misha Manuchehri and Alex Rocatelli of the department of plant and soil sciences, as well as Dayton Lambert, holder of the OSU Willard Sparks Chair in Agribusiness Studies, and Lixia Lambert, OSU assistant professor with the department of agricultural economics.


Click here to read more from the new study of Southern Plains agriculture. 


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.  



On the latest edition of Checking In on the Beef Checkoff, Heather Buckmaster, executive director of the Oklahoma Beef Council, visited with us about the Checkoff's recent work with nutrition influencers. 


"We've had a busy summer at the Oklahoma Beef Council as we continue to focus in on our strategy of providing beef education for nutrition influencers and future nutrition influencers," Buckmaster said.


During the past several months, the Oklahoma Beef Council has hosted multiple seminars, ranch tours as well as dietetic intern programs and dietician groups, focusing on topics including beef's nutritional value, its sustainable production practices and its culinary versatility.


You can listen to the whole conversation between Buckmaster and I on last week's Checking in on the Beef Checkoff - here


According to Michael Peters of Okarche, Okla., there are a lot of decisions that to be made when operating a wheat farm, and sometimes the weather makes you wonder if you made the right choices. This can often times make a wheat farmer's job extremely stressful. Still, Peters says once a field begins to show some growth, that stress can quickly turn to optimism.


That is how Peters recently described his experience seeding hard red winter (HRW) wheat with a team from 502 Marketing, Manhattan, Kan., that is working with U.S. Wheat Associates (USW) to produce a video program focused on the people who contribute to the wholesome quality of U.S. wheat for dozens of different food products around the world. With previous visits to Kansas, Ohio, Washington state, and North Dakota, the show will be completed in 2020 and include additional farm families and information about the U.S. wheat supply system.


Peters Farms is a family-owned operation that was started when Michael Peters' great-great grandfather homesteaded a piece of land in central Oklahoma in the 1880s. Today, Michael farms with his farther Fred Peters and his son Tyler. They grow HRW wheat and graze cattle on some of that crop over the late fall and winter. Linda Peters, Michael's wife, is a teacher and church musician who remains an active participant in the farm operations.


You can read more about Peter's farm and how they go about seeding their winter wheat, by jumping over to our website

NAMINorth American Meat Institiute Sues California Over Implementation of Prop 12

The North American Meat Institute has filed a lawsuit this past week challenging the constitutionality of California's Proposition 12: The Farm Animal Confinement Initiative (Prop 12 or the law). The Meat Institute opposes the law because it will hurt the nation's food value chain by significantly increasing costs for producers and consumers.


"Prop 12 hurts the family on a budget with higher prices for pork, veal and eggs, and unfairly punishes livestock producers outside of California by forcing them to spend millions more just to access California markets," said Meat Institute President and CEO Julie Anna Potts. "We are a highly-efficient and unified economy in this country and so that's just not right. If this unconstitutional law is allowed to stand, California will dictate farming practices across the nation. California's overreach creates an unworkable patchwork of differing state regulations that will make it impossible for the supply chain, from small farmers to your local grocer, to function."


The lawsuit , filed in the United States District Court for the Central District of California, asks the court to halt implementation of the law (grant a preliminary injunction) because Prop 12 violates the commerce clause and the federal structure of the United States Constitution. The Constitution prohibits states from discriminating against interstate and foreign commerce, regulating commerce outside of their borders or imposing undue burdens on interstate and foreign commerce. Prop 12 violates each of these limitations.


Voters in California easily passed Prop 12 last November with a 63% Yes Vote. 


Click or tap here to read more about this lawsuit and the reasons laid out by NAMI on behalf of the US Animal Ag industry.


A National Pork Board report shows U.S. Latinos' affinity for pork and growing purchasing power make it a critical audience for the industry, but as Hispanics acculturate, their pork consumption declines. The new report, Time to Tango: Latinos are Pork's Future, reveals steps food retailers and packers must take to connect with these influential consumers who represent the biggest growth opportunity of the next several decades.


The report is the latest in the National Pork Board's Insight to Action research program examining key behaviors, attitudes, and cultural nuances of U.S. Hispanic shoppers. It outlines top motivators for Hispanics when selecting their preferred retailer and protein choice.


"Pork is entrenched in Hispanic heritage and culture, and extremely relevant to the fast-growing and economically powerful Hispanic segment," said José de Jesús, director of multicultural marketing for the National Pork Board. "The pork industry must proactively engage them and better meet their needs, otherwise we risk losing the Latino consumer."


You can read more about the report from the National Pork Board regarding the Hispanic consumers in the pork industry, by clicking or tapping here

Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance,  Oklahoma Pork CouncilOklahoma Farm BureauStillwater Milling Company, National Livestock Credit CorporationOklahoma 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!


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