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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.
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
Friday, October 11, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:
Oklahoma Cotton Production Jumps Seven Percent From Last Month in Latest Crop Production Report-
USDA released the October Crop Production report on Thursday morning- and the survey found that October numbers, compared to September, are up for cotton, corn and soybeans while sorghum numbers remained steady in Oklahoma. Nationally,
production of cotton, corn and soybeans all were slightly under the September production estimates.
Most notably, Oklahoma Upland Cotton production totaled 840 thousand bales, 23 percent higher than 2018. Yield averaged 701 pounds per acre, compared with 595 pounds last year. Acreage harvested, at 575 thousand acres, is up 5 percent
from last year. During September, USDA had pegged the Oklahoma cotton crop at 780,000 bales. Nationally, based on conditions as of October 1, yields are expected to average 833 pounds per harvested acre, down 6 pounds from the previous forecast and down 31
pounds from 2018. Upland cotton production is forecast at 21.0 million 480-pound bales, down 1 percent from the previous forecast but up 19 percent from 2018.
The US Corn Crop yield actually edged two tenths of a bushel this month versus last at 168.4 bushels per acre- they cut harvested acres by a couple of hundred thousand acres to 81.8 million acres for a production of 13.779 billion bushels.
For soybeans, USDA lowered yield by a full bushel to 46.9 bushels per acre with a total production as of October first at 3.55 billion bushels.
Lots of other information is available in this report- one other crop that we don't often get numbers on is the Pecan crop in Oklahoma and across the US. It's a REALLY good production year for Oklahoma Pecan farmers- we are the fifth largest
Pecan producing state in the US- can you guess who is number one???
For Oklahoma pecan producers, the native crop is really abundant- triple the size of a year ago to 18 million pounds- add the improved varieties of trees in the state that doubled production from a year ago and you come up with 23 million pounds of pecans this
year.
The answer to our earlier question- New Mexico is the number one pecan state in the US- they will produce 97 million pounds this year- all from improved varieties of trees.
Click
or tap here to read our Top Ag Story on the October Crop Production numbers- we have a link there to the complete USDA report.
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Sponsor Spotlight
Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of
A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company's long
time support of the Radio Oklahoma Ag Network and we encourage you to
click here to learn more about their products and services.
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The October 2019 World Agricultural Supply and Demand Estimates was released today. And the results, have some markets a little flustered. With the ending stocks of most crops coming in higher than projected by analysts, most prices backed off after the
release.
Specifically in the wheat market. The total use is dropping, the ending stocks are rising and there are smaller supplies. Production was cut 18.5 million down to 1,962 million bushels, based on the NASS Small Grains Summary, released on September, 30. Projected
imports are lowered to 120 million bushels from 135 million. And ending stocks rose 8 million bushels.
However, in corn, lower production is expected with higher use in feed and residual use. But, lower exports and ethanol use. In the end, ending stocks were lowered by 261 million bushels. The average corn price also rose in the report. The season-average price
is now at $3.80/bu, up from #3.60/bu.
You can read more from the comments on the WASDE or review the full report,
by clicking or tapping here.
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In his weekly visit with SUNUP host Lyndall Stout this weekend, Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson talks about the October World Agricultural Supply and
Demand Estimates (WASDE) report from the USDA.
"Let's start with wheat in the United States," Anderson said. "They lowered production just a little bit, they raised ending stocks. And the higher ending stocks is because they lowered the exports. In the world situation, they lowered production and
raised ending stocks."
Anderson says right after the WASDE report came out, wheat prices fell $.7/bu. He says the reason for this, is that analysts projected US ending stocks to be 1.015 billion bushels. But the USDA came out 28 million bushels higher than that. Then in the
world ending stocks, the analysts had it at 10.5 billion bushels. And the USDA came in at 10.57 billion bushels.
"In Oklahoma, we planted 720 thousand acres of cotton, and we plan to harvest about 550 of that," he said. "77% of the cotton is reported to be mature, 1% of it has been harvested. Soybeans, we planted 520 thousand acres, and we are planning to harvest
about 500 of those. 27% of the beans are ready for harvest, and we have harvested 1%. Corn, we planted 350 thousand acres, and we plan to harvest 305 of those. 90% of it is mature and ready, and we are about half way through that. And with sorghum, 215 thousand
acres planted, with the intentions of harvesting 160. 63% of it is ready to be harvested, and we have 24% harvested."
You can watch his visit tomorrow or Sunday on SUNUP - but you can hear Kim's comments right now and see what else is on the lineup for this week's episode, by clicking
here.
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BlackJack Farms and Guests are holding their annual Female Production Sale on Saturday- happening at the farm in Seminole, Oklahoma.
They will be offering 70 Angus & Simangus Lots
Spring Bull & Heifer Pair Splits
Fall-Calving Cows (most with calves at side)
Spring Bred Heifers
Fall Yearling Heifers
Also selling 30 commercial heifers bred for spring calves. Heifers are sired by a Consensus son from Blackjack and a Sitz Top Game son from Pfeiffer. Sell Bred to a low birth weight Angus bull.
The cattle operations that will be a part of this year's sale include Blackjack Farms, LLC, McFerran Farms, Pfeiffer Angus Farms and Simpson Angus Ranch
For more information-
click or tap here -or call Matt Sims, the sale manager, at 405-641-6081
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We are looking forward to the 2019 Diamond Hats Gala set for tomorrow night at the National Cowboy and Western Heritage Museum in Oklahoma City.
These ladies always do a great job in gathering a huge number of auction items- and it looks like they have overdone themselves this year- all the money going to support the youth involved in the 2020 Oklahoma Youth Expo.
I am honored that they have asked me to emcee again this year- so hoping to see you all there tomorrow evening-
Ahead of the Gala-
click here to check out the program which has highlights of the things that you will be able to bid on here in 2019.
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Sponsor Spotlight
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- "Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting
for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.
Click
here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
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Earlier this week, the United States Department of Agriculture and the US Meat Export Federation released the latest US meat export numbers accounting for all months this year up to August. According to Oklahoma State University Extension Livestock Market
Economist Dr. Derrell Peel, in a conversation with me, the reported performance of beef exports during the month of August were somewhat disappointing. When considering the bigger picture and how these numbers factor
in, Peel says the truth of the situation is much more complex than it seems on the surface.
Peel remarked that earlier in the year, there were some concerns about the amount of beef being imported. However, those concerns have since subsided some as imports have gradually become more centrally distributed by our North American partners, Mexico
and Canada. This influx of North American product has conversely displaced much of the product that was being imported from place like New Zealand for instance. Peel says that in itself speaks to a much larger issue.
"A lot of flows of beef is being redirected into China right now and certainly what we see in New Zealand is part of that," Peel said. "Obviously, part of that is related to the trade issues we have but a lot of these things are just dynamics. There's
a lot of dynamics in global beef flows right now.
You can listen to the entire conversation between Peel and I on Thursday's Beef Buzz -
here.
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Beef Checkoff CEO Greg Hanes Slams Recent Criticism of the Beef Checkoff Program
Greg Hanes, CEO of the Cattlemen's Beef Board, came to the defense of the Beef Checkoff program this week in an editorial slamming the recent criticism cast against it.
Hanes remarked that in the few months since he took the helm of the Cattlemen's Beef Board - he has become all too aware of the many "misperceptions, false rumors, and misinformation" circulating about how the checkoff works and is administered.
From there, Hanes walks readers through the history of the Checkoff's creation and how the USDA provides oversight on its operations. He continues, explaining the program's grassroots governance and the relationship is has with its contractors.
"The Beef Checkoff plays an extremely important role in providing education and driving demand for our beef," writes. "Competition is fierce among proteins in the United States and global markets now, so we are proud of our contractors and the work they
do every day to ensure beef continues to be the number one protein to consumers everywhere. We have small contractors and large ones; we have contractors with very targeted audiences, and those who reach large swaths of the population. Whether building a promotional
campaign, researching nutrition and health, championing handling and safety, or engaging consumers, together they each play an important role in driving beef demand, both here in the United States as well in the international markets."
To read Hanes' complete editorial on the Checkoff,
click over to our website.
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Torrential rains fell in May and radish, turnip and cereal rye seeds fell in October over Scotty Herriman's farm.
Recently Herriman stood in his soybean field about a half mile from the Verdigris River in northeastern Oklahoma as an airplane buzzed over top, about 40 feet up, dropping a cover crop mix of radishes, turnips and cereal rye upon the beans and the 70-year-old
producer.
Where he stood on this day was about 8 feet under water in May. His corn, knee high before the rains, was gone. Portions of some stalks, a few cobs and even the shell of a native mussel were about all that was left. However, he'd made a commitment back
in March or April through the United States Department of Agriculture (USDA) Natural Resources Conservation Service (NRCS) Environmental Quality Incentives Program to plant cover crops, and his window of opportunity had just about shut and locked. He had drilled
the cover crop seed on about 80 acres of already harvested upland corn, but with time of the essence, he called a flying service from nearby Miami, Okla., so that he could fly the seed in on about 480 acres of the beans.
"We thought everything had to be plowed and disked, field cultivated, harrowed down ... , but when we started no-tilling eight or 10 years ago we could see that it will work," Herriman said. "Now comes the flying part of it. I truly believe it will work.
Yes the difference was that none of this could have happened that long ago, but we know that you can over seed crops in ground that hasn't been tilled and it does work."
Click
here to read more from Herriman regarding his aerial approach to cover crop planting.
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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, 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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