|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.
Oklahoma National Stockyards
had a really good Monday May 11th with 11,200 on hand- and Feeder steers and heifers sold 3.00-8.00 higher. Steer calves traded 5.00-10.00 higher, heifer calves 1.00-5.00 higher. Click here
for the full report from USDA Market News
Wholesale Boxed Beef Trade
has started another week of price gains with Choice Beef up $7.70 to $468.58 while Select Beef gained $3.98 on Monday to $452.97. Click here
for the full report from USDA Market News.
Joplin Regional Stockyards had 4,444 cattle on Monday- Compared to last week, steers under 800 lbs and heifers under 650 lbs 3.00 to 8.00 higher, steers over 800 lbs and heifers over 650 lbs 2.00 to 6.00 higher. Click here for the full report from USDA.
Okla Cash Grain:
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
Sam Knipp, Farm Editor
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Tuesday, May 12, 2020
Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Peel talks about how signs of recovery in beef packing.
COVID-19 began impacting workers at beef packing plants in early April. In the last five weeks, cattle slaughter decreased by an average of 27 percent year over year. This compares to the previous five weeks in March, when cattle slaughter averaged 5.5 percent higher than year ago levels. The impacts got progressively worse for four weeks with weekly slaughter dropping by 17.1 percent the week of April 11 to a decrease of 36.8 percent year over year in the week ending May 2.
There is glimmer of hope, however. Last week estimated cattle slaughter was 452,000 head, still down 32.2 percent year over year, but up 6.4 percent from the prior week. This hopefully indicates the beginning of recovery of packing capacity in the coming weeks. Risks remain however and it is not clear how fast packing plant capacity will recover. New safety measures and work protocols likely mean that effective maximum capacity in beef packing plants will be reduced compared to pre-COVID-19 levels.
We are VERY excited to welcome the Oklahoma Cotton Council as our newest email sponsor here in the month of May!
The Oklahoma Cotton Council is proud to serve the cotton producers and those who are a part of the cotton industry in Oklahoma- promoting and protecting their interests. In Recent Years- cotton acreage has grown in Oklahoma- and today Oklahoma is the third largest Cotton State in the US- based on Acres Planted.
The Oklahoma Cotton Council is funded by growers to promote the production and profitability of cotton through research, advocacy and education.
Follow the Oklahoma Cotton Council on Facebook
or check out out the Oklahoma Cotton Council website- okiecotton.org
It's all about promoting beef and Chuck Coffey, the immediate past chairman of the Cattlemen's Beef Promotion Board, made that clear during a recent webinar sponsored by Texas A & M, North Dakota State University and West Virginia University. The webinar was the first of a series focusing on the intersection of the cattle and beef businesses.
"We've got two commodities out there," Coffey said, "one is livestock and the other is beef. The Checkoff deals with beef and our job is to solely increase beef demand."
The southern Oklahoma beef producer said as chairman of the CBB he represented all cattle organizations and producers who pay into the checkoff to promote beef.
"I don't know where we would be without the checkoff as far as demand goes," Coffey said. "We still have good demand for our product despite COVID-19."
U.S. corn farmers are rapidly getting the crop in the ground as this week's Crop Progress Report shows 67 percent of the crop is planted in the 18 major corn growing states, which is 11 points ahead of the latest 5-year average.
Iowa farmers lead the pack with 91 percent planted, followed by Minnesota and North Carolina, both are at 89 percent planted. Texas is 84 percent complete.
Significantly, 24 percent of the corn crop has emerged and many of those acres in the corn belt saw freezing temperatures and snow this past weekend.
For cotton, farmers have planted 32 percent in the 15 major states, about 5 points ahead of the 5-year average.
In the 6 major grain sorghum states, farmers have planted 27 percent of the crop, lagging behind the 5-year average by about 2 points.
The nation's winter wheat crop continues to go downhill as drought and freeze damage is taking its toll. A little more than half the crop, 53 percent, is now in the good to excellent category, compared to 55 percent last week and 57 percent on April 20.
Like so many organizations, the Oklahoma FFA Association and Oklahoma FFA Chapters all across the state have been forced to the sidelines since March 15th when it comes to the many contests, chapter banquets and even the 2020 State FFA Convention that would have happened in downtown Oklahoma City at the end of April.
However, that does not mean that at least some of the young men and women who wear the Blue and Gold jackets will have the chance to be honored as the school year ends.
The Oklahoma FFA will conduct an Oklahoma FFA Virtual Awards Ceremony which will be held on Tuesday, May 12th at 7:00 p.m. It will be available on Oklahoma FFA's YouTube channel and include:
Career Passport Recipients
Proficiency Award Winners
Area Star Winners
State FFA Degree Recipients
Announcement of the 2020-2021 State FFA Officer Team
The 2019-2020 State FFA Officer Team will host the event- each recording their parts at home in keeping with the mandates laid down by CareerTech.
was founded in 1932 in Oklahoma City. National's Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures. National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation's premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today's producer. To learn more, click here
for the website or call the Oklahoma City office at 1-800-310-0220.
Oklahoma cotton producers are dealing with a basket full of issues this spring revolving around low prices, lack of moisture and variable temperatures. That's the early season assessment from OSU Extension Cotton Specialist Seth Byrd who talked with Radio Oklahoma Agriculture Associate Farm Director and Editor KC Sheperd during the recent OSU field day in Lahoma.
The biggest challenge overall is price, Byrd said. When margins are thin, it makes every decision difficult throughout the growing season.
Some cotton has been planted in the Panhandle that was planted in April, Byrd said. It's in pretty good shape since it has emerged, but it is sitting there waiting on moisture.
Byrd is encouraging producers to scout their fields, checking now for insects such as thrips as the young plants will have a hard time growing out of the damage at this stage.
Governor Kevin Stitt has appointed and the Oklahoma Senate has confirmed Clay Burtrum, Stillwater, and Brent Bolen, Idabel, as members of the State Board of Agriculture.
Burtrum, representing the northeast district, is a commercial cow-calf producer from Stillwater. He has gained experience while working with one of the nation's biggest feed yards and now owns and operates an agriculture accounting and consulting firm specializing in agricultural operations.
Bolen, representing the southeast district, is also no stranger to supporting Oklahoma agriculture, as he and his family are chicken, cattle and hay producers. His company, Bolen Farms, is a contract poultry producer for Tyson Foods in McCurtain County and operates multiple poultry broiler houses.
Burtrum takes the seat previously held by Jay Franklin of Vinita while Bolen will hold the Board seat previously held by Ed Hurliman of Broken Bow.
Click here for the the complete release from ODAFF on the newest members of the Oklahoma State Board of Ag.
Also on Monday, the Oklahoma Senate confirmed the appointment of Gary Crawley of Pittsburg County and the community of Savanna to serve as a member of the Oklahoma Conservation Commission to serve a 5-year term ending June 30, 2025. It will now go to Governor J. Kevin Stitt, who nominated Crawley, for signature.
Crawley will begin serving as the Area V Commissioner at the July Commission meeting.
Crawley has been and continues to serve as a member of the Board of Directors of the Oklahoma Farm Bureau.
Click here to read more about Crawley's lifetime of service to conservation.
America's top biofuel and farm advocates called on House and Senate leaders to ensure the next round of COVID-19 relief does not overlook U.S. ethanol and biodiesel production. The joint letter to House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell echoes bipartisan appeals from House and Senate members, as well as governors across the heartland. It was signed by the Renewable Fuels Association, Growth Energy, the National Biodiesel Board, the American Farm Bureau Federation, the National Corn Growers Association, the American Soybean Association, the National Farmers Union, the National Oilseed Processors Association, the National Renderers Association, the National Sorghum Producers, and Fuels America.
"The situation we face is dire," wrote biofuel and farm advocates. "More than 130 biofuel plants have already partially or fully shut down as motor fuel demand plunged to 50-year lows.America's biofuel plants purchase annually more than one-third of U.S. corn and U.S. soybean oil, and the loss of those markets has depressed farm income and will continue to push corn and soybean prices down dramatically. The damage has rippled across the entire agricultural supply chain."
The letter notes that the U.S. Department of Agriculture (USDA) excluded the biofuel sector from initial aid under CARES Act, despite urgent letters of support to Secretary Sonny Perdue from broad, bipartisan coalitions in the House and Senate.
(NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and solutions, today announced it is highlighting its commitment to bringing farmers sustainable high-tech solutions by relaunching its vision.
"Our new vision-Sustainable high-tech solutions for farmers feeding the world-better represents our thoughtful approach to helping our farmers and our business continually find better and more sustainable ways to raise the food people need, all around the world," said Martin Richenhagen, President and Chief Executive Officer of AGCO Corporation. "As the world celebrated the 50th anniversary of Earth Day last month, we felt it was the right time to stress the importance of sustainability in our company's vision."
Agriculture is one of the most essential industries in the world. As the population grows to a projected 10 billion people by 2050, the potential impact agriculture can have on the health of our planet is tremendous. As a global leader in agriculture, AGCO has a responsibility to help ensure we make a positive impact for the farmers who use our solutions, the communities they feed and the environment we all share.
|Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Great Plains Kubota, Stillwater Milling Company, Oklahoma Cotton Council, 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!
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