Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 3/17/2017 7:25 AM
To: ronphays@cox.net



 
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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!  
 
   
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 futuresclick 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 Thursday, March 16th.
  
  
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

Carson Horn, Associate Farm Director and 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, March 17, 2017
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 








Featured Story:
OCAFiresOk Cattlemen's Association Pledges Support to Producers Recovering from Fire Damages- Woodward Raises $91K  

Oklahoma Cattlemen's Association Executive Vice President Michael Kesley joined me in studio yesterday to talk about the association's ongoing efforts to help cattlemen that have suffered damages to their operations as a result of the fires that have scorched much of the Northwestern part of the state. Kelsey pledged the full and unrelenting support of the OCA to these victims as they pick up the pieces. He promises that within 90 days, OCA will begin paying out 100 percent of the relief funds they've collected.

"We're going to get that done so they can start recovering their lives," Kelsey insisted. "This is a yearlong recovery process and we're committed to be there with them through the entire process in whatever way we can."

The outpouring of folks donating their time, money and resources to help the victims of these fires has been quite incredible, Kesley contends.

"That's so typical of the cattle and agricultural community," Kelsey remarked. "You take it for granted until you see it in action."

Be sure to catch Kelsey and I this weekend on KWTV News9 in the Oklahoma City area on Saturday morning at 6:40 a.m. for our In the Field segment, or you can listen to my off-camera interview with Kelsey right now, by clicking or tapping here.


MEANWHILE- we got word through Michael Kelsey that the Woodward Livestock Auction raised $91,000 for the wildfire relief effort- this on their regular auction sale day(Yesterday)

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OYEGrandsOYE Grand Champions Picked- Ready to Headline Sale of Champions This Afternoon 
 
The four species shown at the Oklahoma Youth Expo converged on the floor of the State Fair Arena last night- and after a limo ride, a red carpet to walk, names called and fireworks seen- the breed and division champions competed for the right to lead off the Sale of Champions that happens at 4:00 PM today.

The Grand Champion Steer is a Chianina by the name of Yogi- his young owner is Tommy Glover of the Elgin 4-H- who told me after Yogi was picked as the top steer and won the right to be the first critter to sell at 4 PM today that he has been showing all his life- 12 years.



Here is Tommy Glover shaking hands as he is congratulated by Steer Judge Shane Bedwell of the American Hereford Association.

The Reserve Grand Champion Steer was the Crossbred- shown by Seth Tucker of Lindsay FFA.

The other Grands and Reserves:

Grand Champion Barrow- Hampshire Champ shown by Adison Thompson of Noble 4-H
Reserve- Reserve Hamp shown by Faith Palmer of McCurtain County 4-H

Grand Champion Lamb- the top Crossbred shown by Lydia Straka of Yukon FFA
Reserve- Champion Natural Color- Shown by Kamden Urban of Mt. View- Gotebo FFA

Grand Champion Market Goat- Bree Taylor of Kingfisher FFA
Reserve Grand Champion Goat- Coda Oiler of Garber FFA

Our coverage of the OYE is a service of ITC, your Ernegy Superhighway!

LATE BREAKING!!!!!  Here is the link to the Sale of Champions Sale Order PDF- Click or tap here.

I have been told by OYE staff that the steer donated by the Senator Eddie Fields Family will be sold to raise funds for ranchers who have youth that are a part of the OYE Show Family will be sold right after the Bronze Medalion Goat.- that steer could raise upwards of fifty thousand dollars to help youth in those wildfire impacted areas have the funds to have a livestock project this coming year.

Stories on the Grand Champions will be on our website later today as well.

BobFunkExpress Chairman Bob Funk Offers Five MILLION Dollars to be Matched to Establish an Endowment for the OYE
 
Longtime Oklahoma Youth Expo (OYE) Board Member Bob Funk announced during the grand drive at of the Oklahoma Youth Expo, held Thursday evening, that he and his family would be donating $5 million to help establish an endowment for the organization, to help generate operating expenses for the show to continue on into the future.



Once fully funded at ten million dollars, the endowment is expected to generate $500,000 to $600,000 a year in interest and will be used to help meet the organization's expenses throughout the year. A fund raising campaign is now in the early planning stages to raise a matching five million dollars that has been pledged by the Funk family.

I talked with Mr. Funk about his hopes that would result in an income stream that would assure the future of the OYE for the next 100 years- click or tap here to read more and to listen to our visit right after the Grand Drive last night at State Fair Park.


President Donald Trump and his administration received the praise of executives from 11 of the major organizations in the agribusiness sector after engaging in a substantive and productive meeting earlier this week. The focus of this meeting rested on talks to preserve the major benefits of NAFTA to the sector while seeking further improvements to modernize the 23-year-old accord, as well as to reinvigorate trade negotiations with important U.S. agricultural trading partners in the Asia-Pacific region.


"It is clear from this meeting and other interactions that the Trump administration understands and intends to pursue expansion of U.S. food and agriculture exports which contribute to U.S. manufacturing, job creation and economic growth," the groups said following the meeting. "We are committed to offering substantive proposals and ideas, and look forward to further opportunities to work with the administration and its trade team as they develop specific strategies for engaging in trade negotiations with our most important trading partners."


It's worth noting that 95 percent of agriculture's potential customers live beyond US borders, and creates more than $423 billion in annual economic activity for the US. Click here for details highlighted in the complete version of this story.

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To learn more about what Alltech can offer you as a beef producer, click here for Beef Cattle page on the Alltech website.


 NACDNational Association of Conservation Districts Disappointed with Trump's Conservation Program Cuts

The National Association of Conservation Districts (NACD) is extremely disappointed that President Donald Trump's Fiscal Year 2018 budget request includes a 21 percent cut to the Department of Agriculture (USDA). Many of USDA's voluntary, incentive-based conservation programs are crucial to promoting the wise and responsible use of natural resources in this country.

"Without USDA conservation programs, America's farmers, ranchers, and communities won't have the resources or assistance they need to keep our soils healthy, our water clean, and our wildlife abundant," said NACD President Brent Van Dyke. "We look forward to the president releasing a more thorough budget in the coming weeks and will continue to work with Congress to ensure strong funding."

The president's budget calls for "reducing staffing in USDA's Service Center Agencies" - a cut that would prevent thousands of rural communities across America from accessing services like conservation planning assistance.

Click here to read more on the NACD reaction to President Trump's first federal budget proposal.


Beef is looking pretty good right now, with a strong rally recently in boxed beef wholesale trade, plus export numbers are in for January and Jim Robb of the Livestock Marketing Information Center, tells me this year has kicked off to a great start.


With cattle slaughter up 6.3 percent for the week and beef production up 8.1 percent, "We're very current in our feedlot situation, but it is a bit of a surprise. That last fall was really a struggle for the markets to adapt."


Nonetheless, Robb contends that the demand profile, both domestic and foreign, has been very positive.


"But we have to remember that this is the time of the year," he hesitated, "typically March, April and May is the peak of the fed cattle market."


Still, Robb cites macro-economic data from consumers remains robust and people are buying lots of steaks, a good indication of strength in the markets, which are currently riding a rally spurred by positive attitudes toward Trump.


Listen to Robb and I discuss the meat market's strong demand for beef and what's contributing to this rally, on yesterday's Beef Buzz- click here.
Want to Have the Latest Energy News Delivered to Your Inbox Daily?
 

Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.

 


On Wednesday, several organizations representing farmers and ranchers across the US, appealed to the chairmen of the House and Senate Budget and Appropriations committees in a unified letter, asking that Congress work to strengthen the safety net programs included in the Farm Bill, as negotiations for the legislation begin to get underway. Here is a portion of the letter composed by these groups. To read the correspondence in its entirety, click here.


Dear Chairmen and Ranking Members:


On March 1, the House Agriculture Committee sent its annual budget views and estimates letter to the House Budget Committee. In that letter, the Committee on Agriculture urges "the Committee on the Budget to require no further budget reductions from within the jurisdiction of the Committee on Agriculture providing...the budget flexibility necessary to develop and enact an effective new farm bill before the current law expires." The letter also states, "To be sure, rural America and farm and ranch country are in a severe economic slump right now, with no end in sight." These statements are followed by an eloquent outline of the difficulties facing agriculture and rural America.


We write because we share the deep concerns expressed by the House Agriculture Committee regarding the financial pressures on farmers and ranchers as prices remain low and costs of production remain at high levels. Net farm income has dropped 50 percent from just four years ago, the largest four-year percentage decrease since the Great Depression.


It is difficult to assess conditions based on averages as they do not reflect variabilities. While the aggregate debt to asset ratio has risen from 12 to 14 percent in the last two years, it remains below those during the mid-1980s farm financial crisis and bankruptcies are still low. Still, many farmers and ranchers are facing incredibly difficult times. Many producers are relying on capital reserves while many others, including beginning farmers, have already depleted reserves because they have not had the necessary good years to build up their reserves. These latter producers will be the first to face the difficult decision of not being able to continue in farming. Given that the average age of farmers is now 58, it is especially imperative that we do what we must to keep young and beginning farmers in business.
ICYMIMaryFallinICYMI - Governor Mary Fallin Visits OYE and Offers Remarks on the Wildfire Recovery Efforts

The 2017 Legislative Showmanship was already a success before the Governor of Oklahoma walked down the ramp into the State Fair Arena- but an extra measure of excitment came in with Governor Mary Fallin as she mixed with the crowd, brought greetings and in general, gushed and bragged about the tremendous young people that surrounded her.


I had the chance to speak with the Governor during her visit to the show which I can quote her describing OYE as "one of the state's most impressive and important programs for our youth in the state of Oklahoma."
The Governor acknowledged the impact ag youth programs have in our farming communities statewide saying, "We're teaching our young folks how to carry on the family tradition."
Touching briefly on the wildfire situation that has seemed to be more under control now, Fallin praised the efforts of the firefighters and the citizens of Oklahoma who have come together to help out our neighbors near the Panhandle.
"It's been a devastating time for a lot our farmers and ranchers," Fallin empathized. "But, I'm always proud of the response that Oklahomans give to families who are in need."
You can listen to the Governor's full remarks about both OYE and the fire situation wrapping up in Northwest Oklahoma, by clicking here.
PollardPollard Farms Bull Sale Set for Tomorrow
 

The 18th Annual Pollard Farms Bull Sale is happening htis weekend- with the sale Saturday, March 18th at the ranch in Waukomis, Oklahoma. The sale starts at 12:30 featuring 100 home-raised service-aged angus bulls, complete with genomically enhanced EPDs for increased reliability.

Free delivery offered on multiple bull purchases within 250 miles. The sale to be streamed on the web at LiveAuctionsTV.

Click here for the Pollard Farms website- where you will see links for the sale catalog and for videos of the bulls to be sold.

For more information- you can drop Barry Pollard an email by clicking here.
 
 
Our thanks to Midwest Farms Shows, P & K Equipment, American Farmers & Ranchers, Livestock Exchange at the Oklahoma National Stockyards, AlltechOklahoma Farm BureauStillwater Milling Company, Oklahoma AgCreditthe 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 invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.   

 Click here to check out WWW.OklahomaFarmReport.Com  

 


 

God Bless! You can reach us at the following:  

 

phone: 405-473-6144
 


 



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