Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 6/19/2020, 6:19 AM
To: ron@ronhays.com



 
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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.
 

  
 
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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.


Click on the Name of the Market to jump to the market report for that sale of this week:






 
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures- click 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.
 

Boxed Beef Prices Fell Again on Thursday- Choice Beef off $4 to $213 and change- click here for the complete report from USDA Market News. 
  
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.
 


 
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
    Friday,  June 19, 2020


Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 



Cattle producers can get an up-close view of the latest cattle handling equipment during the Oklahoma City Farm Show now underway at State Fair Park. Radio Oklahoma Ag Network Associate Farm Director and Editor KC Sheperd talked with Joey Gamble, Priefert Rodeo and Ranch Equipment, and Tim Fuller, rodeo announcer and Emcee for the cattle handling demonstrations.

Today we have 8 squeeze chutes from manufacturers from throughout the country, Gamble said. This allows you to see all the different manufacturers and how the equipment works, Gamble said.

Acknowledging that many producers work alone or with the aid of their spouse, Gamble said today's modern equipment is designed for safety and convenience.

Our number goal is to make it safe for ranchers and animals, Gamble said. You want to make it as easy as possible and without stress, he said.

The OKC Farm Show is going on Daily at 9am on the OKC Fairgrounds Bennet Event Center. To read more about the farm Show, click here:

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.


Two Plains Grains Calls Oklahoma Wheat Harvest 92% Done- Texas 63% and Kansas 22% Complete

The latest report from Plains Grains on the 2020 Hard Red Winter Wheat Harvest is out- and shows over half of the crop was harvested in the state over the last seven days or so. Here is a portion of the report released Thursday evening, June 18, 2020:

"The 2020 HRW wheat harvest made significant progress again this week as almost idea harvest weather continued across virtually all production regions now cutting. Texas is now 63% complete with mainly the northern High Plains of northwest Texas and the irrigated fields of northwest Texas left to be cut.

"Oklahoma's harvest is also rapidly winding down (92% cut) with mainly the extreme northwest and northeastern areas of the state (and irrigated locations) left to cut.

"Kansas also made good progress this week jumping to 22% now harvested. South central Kansas continues to see exceptionally good yields (55 bu/ac (3.7 ton/ha)) and test weights over 63 lb/bu. (82.8 kg/hl). Harvest in central and eastern Kansas was slowed Thursday evening by rain shower.

Click here for more details from Plains Grains as Mark Hodges continues to track the rapid work being done to harvest the 2020 HRW crop.



The 2020 wheat harvest started with a small rain delay at the end of May- but once the combines were able to really start rolling- it was one of the quickest harvest seasons on record- so says Mike Schulte, the Executive Director of the Oklahoma Wheat Commission. Schulte sat down on Thursday afternoon and me about the harvest, which has now reached the ninety percent completion mark across Oklahoma. 

Active harvest continues in the Oklahoma Panhandle- and farmers are waiting on lower moisture levels in some northestern Oklahoma fields to finish around the Miami/Afton region.


Schulte says the test weights have really been impressive- with some of the reports from north central locations being into the mid 60s. Schulte says that should help make this crop outstanding in its baking qualities as it is marketed domestically and internationally in the days to come.

Click here to read more- and to listen to Mike and I talk about this 2020 crop as combines near the end of the cutting season in Oklahoma.

AND- here's a great pic that Mike took a few days ago in Custer County- MIGHTY PRETTY!




 
Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets weekly on SUNUP.

Wheat harvest is wrapping up across Oklahoma and Dr. Anderson says he is hearing that the test weight are exceptional. He says we are probably going to average 63 to 64 pound test weights.

The Protein is all over the board, anywhere between 8% to 15.5% protein across the state. The average for protein might end up anywhere from averaging 10.5 or 11.2 so far, but Anderson said the jury is still out on what protein will look like for the harvest.




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.


Trust in America's farmers and ranchers remains high amid the devastating blow delivered by the COVID-19 pandemic. A new American Farm Bureau Federation poll shows 84% of Americans trust the nation's farmers and the same overwhelming majority support financial assistance from the government for farmers struggling to keep from going under because of the pandemic.

"The results of the survey indicate a growing understanding of how important a stable food supply is to the health and well-being of our nation," said American Farm Bureau Federation President Zippy Duvall. "Shortages at grocery stores and other food supply chain shockwaves caused by the pandemic gave many people a new understanding of the crucial role of America's farmers and ranchers and the importance of their survival through the COVID-19 economic storm. It is so heartening to know that through it all, the American people's trust in farmers is unwavering."

Many struggling farmers were left out of initial federal aid, and some who received assistance are still being hurt by COVID-19 losses. USDA estimates suggest the decline in commodity value alone for 2019, 2020 and 2021 production totals almost $50 billion. This does not include all of agriculture's losses, which would be billions more.




Oklahoma's latest drought monitor map indicates over half (51 percent) of the state is considered abnormally dry or worse. Evidently the good folks in Cimarron County wanted to share their misfortune with the rest of the state as extreme drought (D4) now covers all or parts of Cimarron, Texas, Dewey, Blaine and Kingfisher Counties.

Our friends at the Oklahoma Mesonet highlighted the severity with this graphic map of Oklahoma.

The photo accompanying this article shows large cracks in the ground in a central Oklahoma pasture.

Nationwide, abnormally hot weather, low humidity and gusty winds have rapidly intensified drought concerns across the Plains states. Extreme drought has expanded in northern New Mexico, eastern Colorado and western Kansas.

Western Texas and eastern New Mexico received less than 0.5 inch of precipitation the past couple of months, and most of this area recorded under an inch the past 90 days.



During this week's NCBA webinar Don Close, senior analyst-animal protein for Rabo AgriFinance, and Dr. Derrell Peel, OSU Extension livestock market economist, addressed the issue of U.S. beef exports and imports.

They first tackled beef exports.

We're doing well with our two major customers South Korea and Japan, Peel said. China is still small from a beef standpoint, but their protein needs are huge. That market will continue small but even a small increase would make a significant impact, Peel said.

The OSU livestock economist noted USMCA is a good thing, but he is concerned about Mexico as its economy is in shambles right now.

Overall, Peel said the trade situation for U.S. beef looks favorable and may be one of the brighter spots as we move towards the end of the year.

Don Close answered the question of China fulfilling its Phase One trade agreement with the U.S.

EIGHT
Excess production capacity and reduced demand will force the U.S. ethanol industry to transform its business model to create more value and improve its operational efficiency. Consolidation within the industry will lead to larger, more financially stable companies with diversified ethanol co-product offerings by 2025, according to a new report from CoBank's Knowledge Exchange.

"While ethanol remains an attractive business with long-term potential, the industry will need to evolve and diversify beyond fuel ethanol," said Kenneth Scott Zuckerberg, CoBank's lead grain and farm supply economist. "That diversity will need to include higher margin co-products like high-protein distillers grains for animal feed, liquid carbon dioxide for refrigeration, beverage grade alcohol, and other industrial products."

The economic shock from COVID-19-led business shutdowns and stay-at-home restrictions was unprecedented, causing significant ethanol demand destruction. The battering continued with the crude oil and gasoline supply shock led by Saudi Arabia and Russia. U.S. ethanol production dropped almost 50% from mid-March to mid-April.

Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, Oklahoma Cotton CouncilNational Livestock Credit CorporationOklahoma 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 also appreciate our Market Links Sponsor - OKC West Livestock! 
 
 
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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