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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
Monday, October 14, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:
President Donald Trump offered high hopes for the US agricultural sector on Friday during a briefing on the latest negotiations with the Chinese- claiming billions and billions of dollars worth of purchases are on the way from the Chinese,
based on the phase one trade deal that he unveiled.
The President said of the deal itself "We have come to a deal, pretty much, subject to getting it written. It'll take probably three weeks, four weeks, or five weeks." The areas impacted include intellectual property, finances and agriculture.
Regarding Agriculture- here is the what the President said of the deal- including the point where he called upon Trade Ambassador Robert Lighthizer for clarification of some of the points:
"A tremendous deal for the farmers. A purchase of - from 40 to 50 billion dollars' worth of agricultural products. To show you how big that is, that would be two and a half, three times what China had purchased at its highest point thus far.
So, they were purchasing $16 or $17 billion at the highest point, and that'll be brought up to $40 billion to $50 billion."
In checking with the USDA stats- the real top for US Ag Exports to China is something like 21.4 Billion Dollars in 2016- so the the real multiplier is double or a little more- but still, if achieved, would be remarkable.
It's also important to note that some phytosanitary issues were addressed- and while we don't know if beef was addressed- if the US can get away from the highly restrictive rules initially agreed to when China reopened their market to US beef- that
could be huge- Ambassador Lighthizer addressed that- "Well, I would say probably at least as important as the purchases is the fact that we've corrected a variety of SPS - what we call sanitary and phytosanitary issues. And we've corrected biotechnology issues.
And it will be - it will be much easier now for American farmers to be able to ship to China."
No ag group offered any reaction- but the US Chamber of Commerce did acknowledge the apprarent breakthru:
Myron Brilliant, Executive Vice President and Head of International Affairs, U.S. Chamber of Commerce
issued a statement following the announcement by President Trump regarding a US-China Trade Agreement.
"Finally, a ray of hope for the U.S.-China trade relationship. We are encouraged that the two sides appear to have made genuine progress on a number of critical issues. President Trump's announcement to postpone the tariff hike is welcome news for American
businesses, farmers, and consumers, and we are optimistic that this move paves the way towards a comprehensive, high-standard, and enforceable deal with China."
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Sponsor Spotlight
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Oklahoma State University's Dr. Amy Hagerman of the Agriculture-Economics Department has been following the implementation of the 2018 Farm Bill very closely. With much of the work done, it is now time for farmers to begin making some
of those difficult decisions about which program enrollments will be most beneficial to their individual operation. This fall, Hagerman is travelling
across the state to meet with farmers and educate them on the options available to them through the 2018 Farm Bill. In a recent interview, she stressed the importance of fully vetting each decision.
"We're at that critical time where we've got the information we need about the different programs, the election and enrollment periods, so producers will now be able to go in, have that conversation with their FSA office and make sure they have everything
they need in place and be able to make that election decision."
Fortunately, producers have a rather generous window in which to make their considerations for this enrollment period. According to Hagerman, that window extends from now until March 15, 2020, allowing them enough time to
wrap up the work they need to get done this fall before winter sets in and really think hard about the decisions they need to make.
Hear all of the advice Hagerman had to offer during our conversation about ARC and PLC enrollment, as well as other Farm Bill programs including those under the Conservation Title and the changes being made to the Market Facilitation Program, by
clicking or tapping here.
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Season Solario works with the National Cattlemen's Beef Association, who is one of eight national contractors for the Beef Checkoff program. According to Solario in a recent conversation with me, cattle producers can be proud
of the brand they have helped build over the years using Checkoff dollars.
"A lot of the things we're working on right now is how can we position 'Beef. It's What's for Dinner.,' the Checkoff's iconic brand that was founded more than 26 years ago - front and center to today's consumer audience and what we're finding after three
years of our campaign, which has this creative wrapper around beef."
Solario says the more they can reach consumers with the brand, the more likely people are to eat beef more often which we think is a strong return on investment for beef producers knowing that the brand that they invest in is ultimately helping people
consume more beef.
You can listen to the entire conversation between Solario and I on Friday's Beef Buzz -
here.
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Suzanne Gilbert Named as the 2019 Ag Woman of the Year in Oklahoma at the Diamond Hats Gala
On Saturday evening at the 2019 Diamond Hats Gala, the group announced their selection for the 2019 Oklahoma Woman of the Year in Agriculture,
Suzanne Gilbert of Tecumseh. The Diamond Hats have set a precedent of annually honoring a female involved in agriculture that has gone above and beyond to influence the agricultural industry as well as promote its significance throughout the
state and nation. Almost all of the recipients of this prestigious award were raised in production agriculture and have never left it.
Gilbert is a non stop volunteer- and she has been engaged in many organizations that give back to rural youth groups- the 4-H and FFA. She served as chair of the Oklahoma State FFA Foundation Board of Directors from 2008-2010 and is the first and only
woman to serve in this capacity.
Suzanne was recognized as the 2014 Oklahoma FFA VIP Award recipient, one of Journal Record's 50 Women Making a Difference in Oklahoma in 2016, and the 2011 Oklahoma 4-H Lifetime Volunteer of the Year. The Gilberts were also awarded as the 2017 Oklahoma
Limousin Breeders Association Family of the Year. Also in 2017, she was named a Significant Woman in Ag by the Oklahoma Department of Agriculture.
As she accepted the award, Suzanne said she was very surprised and humbled to be so honored to be included in the growing list of women who have received the award in previous years.
Click
or tap here to read more- and to listen to our conversation with Suzanne after she got off stage from accepting the Woman of the Year award.
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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.
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Financial reward kept cattlemen on the path toward higher quality, and led them to produce record amounts of Certified Angus Beef ® (CAB®) brand product in the 2019 fiscal year that ended September 30.
For the 13th year in a row, the brand reported record sales, settling at 1.25 billion. It's also the 15th consecutive year of sales growth.
A global network of nearly 19,000 licensed processor, foodservice and retail partners marketed an additional 38 million pounds-or a 3.1% increase-over the previous year.
CAB president John Stika credits "an entire community of Angus farmers, ranchers and feeders being extremely intentional over several years in the way they breed, raise and care for their cattle with a focus on quality."
Click
here to read more about CAB's continued growth.
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When Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney leads a U.S. Department of Agriculture trade mission to Vietnam Oct. 15-18, he'll be accompanied by nearly 80 industry and government representatives seeking
to expand agricultural exports to one of the fastest-growing regions of the world.
The mission will be based in Ho Chi Minh City, and will also include buyer delegations from Thailand and Burma (Myanmar).
"The size of this trade mission delegation speaks to the phenomenal potential that exists for U.S. exporters in Vietnam and surrounding countries," McKinney said. "Since the United States normalized relations with Vietnam in 1995, our agricultural exports
have grown exponentially, reaching a record $4 billion last year. Sales of U.S. food and farm products to Thailand and Burma also set records in 2018, topping $2.1 billion and $126 million, respectively."
Joining McKinney are the heads of six state departments of agriculture:
Benjamin Thomas of Montana, Jeff Witte of New Mexico,
Doug Goehring of North Dakota, Kim Vanneman of South Dakota,
Sid Miller of Texas and Doug Miyamoto of Wyoming. Officials from the Georgia, Maine, Minnesota, Tennessee, Virginia, Wisconsin and Washington departments of agriculture will participate as well.
You can read more about McKinney's upcoming travel,
by clicking or tapping here.
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The National Cattlemen's Foundation is now accepting applications for 2020-2021 beef industry scholarships sponsored by CME Group. Ten scholarships of $1,500 each will be awarded to outstanding students pursuing careers in the beef industry.
"CME Group is pleased to support the next generation of cattlemen and women, while promoting participation in an industry that is critical to feeding the world," said Tim Andriesen, CME Group Agricultural Products Managing
Director. "During the nearly three decades of partnership with the National Cattlemen's Foundation and NCBA, we've worked together to strengthen the education of tomorrow's industry leaders on risk management in the beef industry."
The CME Beef Industry Scholarship was first introduced 30 years ago in 1989. Today, the scholarship recognizes and encourages talented students who will each play an important role in the future of food production in America. Students studying education,
communication, production, research or other areas related to the beef industry should consider applying for the scholarship.
You can read more about the scholarship program and learn how to apply,
by clicking over to our website.
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This N That- Day One for School Land Lease Auctions, Diamond Hats Raise Big Bucks and Stockyards Stampede Coming!
It's Day One for one of the annual rituals of fall in Oklahoma- the live auction of about 20% of the total leases that are awarded to bidders of the land owned by the State of Oklahoma. The land is leased for five year contracts- and the first auction in the
2019 series happens at 2 PM this afternoon in Beaver, Oklahoma.
Click
or tap here to learn more about the full lineup of lease auctions planned- and
click here to listen to Carson's conversation from a few weeks back with the Acting Commissioner
Brandt Vawter.
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It was a great Saturday night for the Diamond Hats, as their 2019 Gala had record attendance- over 500 packed the Great Hall to bid on silent and live auction items- and to hear Country Music Legend
Tanya Tucker.
At the end of the evening, I was able to announce to the crowd that over $230,000 was raised by the event to help the Diamond Hats achieve their efforts to support the rural Ag Youth of Oklahoma in a variety of projects year round- including support of the
Oklahoma Youth Expo.
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It looks like it will be a lot of fun- and it will focus a lot of attention this coming Saturday on Stockyards City- our Oklahoma Farm Report home.
The 2019 Stockyards Stampede is set for this Saturday from 10 AM to 4 PM.
This year's event is shaping up to be one of the best events in its over 25-year history. One of the highlights will be the procession of Chain Ranch longhorns that will kick off the event as they are paraded down the streets at 10:00 a.m.
There will be live entertainment throughout the day, carriage rides, equestrian activities, and authentic chuck wagon demonstrations and tastings!
Click
or tap here for more details.
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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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