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mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
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for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
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Ron Hays, Senior Farm Director and Editor
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Monday, August 28, 2017
The Numbers Are In - Farm Journal Releases Final 2017 Crop Tour National Corn and Soybean Averages
The final yield estimates are in from the 2017 Farm Journal Midwest Crop Tour. After tabulating results from crop scouting data covering almost 80% of the corn and soybean growing regions of the U.S., Farm Journal believes that American Farmers will harvest a record 4.331 billion bushels of soybeans, based on an average yield of 48.5 bushels per acre.
The average yield guess from the tour for the 2017 corn crop is 167.1, estimating a 13.953 billion bushel take in this fall.
Mark Bernard, the agronomist for the Eastern Leg of the Farm Journal Midwest Crop Tour last week says since much of the crop out there is still behind schedule weather will be a key to seeing these numbers come to fruition.
Both corn and soybean figures released after the 4-day crop tour are lower than what USDA forecasted earlier this month.
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.
While you are on their website, check out the list of county Farm Bureau meetings that are getting underway across Oklahoma and be a part of the one in your county.
|Historic Flooding in Southeast Texas- Ag Impact Includes Beef Cattle Herds and Grain Export Facilities
Hurricane Harvey came ashore this past Friday night and brought devastating rains, a storm surge and now the non stop rains that are flooding vast amounts of Houston and southeast Texas.
Southeast Texas is home to a couple of million head of beef cattle- including at least a million mama cows. Along and south of the I-20 corridor that stretches from San Antonio to Houston are some of the biggest beef cow counties in the largest beef cow state in the country- counties like Gonzales, Lavaca, Dewitt, Brazoria and Fayette- all with over 50,000 beef cows each.
Ahead of the storm- the Texas and Southwest Cattle Raisers posted a story urging cattle producers to move animals and equipment to higher ground- here is their post
which includes lot of emergency links.
While the cattle numbers are not quite as large in the bullseye where the rain continues in huge amounts- counties like Waller, Liberty and Jefferson east of Galveston Bay all have more than 30,000 beef cows per county- and they likely have cattle stranded this morning and in danger of flood waters.
An unknown this morning is how much damage may be happening to the grain export facilities that Oklahoma farmers rely on to ship wheat to many international destinations- Houston and Galveston port locations may well be out of commission for weeks or longer.
Of course, those damage assessments will come later- right now, the drama in and around Houston is the flooding that continues in areas that have received historic rainfall amounts and could easily receive another ten to fifteen inches of rain between now and Wednesday.
Here's a graphic that shows flood and rain potential for today- and it captures a lot of those beef counties we mentioned above:
|NASS Report Indicates Oklahoma's Cotton Crop Looking Good, But Needs Cooperative Weather for Strong Finish
This month the National Agricultural Statistics Service reported that Oklahoma's cotton crop is looking pretty good so far - but some good, cooperative weather will be necessary for the remainder of the growing and harvesting season if the crop is to finish out strong.
According to the NASS crop production report, farmers in Oklahoma have planted around 470,000 acres this year and expect to harvest about 450,000 of those acres. This is the most planted acres in Oklahoma since 1982, and if lint yields come in as anticipated, the state's crop stands to produce roughly 720,000 bales - which would make this year's crop the most productive since 1942.
However, a crop this large will certainly put Oklahoma's ginning infrastructure to the test, which will likely come under strain as soon as harvest gets under full swing.
Over the last two weeks, there has been substantial rainfall over the cotton growing regions of the state. Although this has greatly benefitted the crops in these areas, it has also promoted vegetative growth.
NASS recommends starting PRG applications early on, to gain maximum vegetative growth control. Start at match head square, especially with the high yielding, but growthy varieties.
|Oklahoma Department of Ag Honors Terry Stuart Forst of Waurika as a Significant Woman in Oklahoma Agriculture
Since her father handed her the reins 1992, Terry Stuart Forst has managed the 46,000 acre Stuart Ranch in Waurika, Okla. with the help of her two sons, Clay and Robert.
The ranch was founded in 1868 in Caddo, Oklahoma. To put that into perspective - the ranch was established, "a few months before Ulysses S. Grant was elected President, five years before barbed wire had been designed and half a century before World War I broke out." Under its fifth generation of ownership, with two more generations already working on the operation, Stuart Ranch is the oldest ranch in the state under continuous family ownership. It's also interesting to note that a portion of the Chisholm Trail runs right through the property.
The ranch is separated into three categories: horse, cattle and outfitting divisions. The horse division is managed by Forst's younger son, Robert, and has a history and tradition as deep as the ranch itself. The horse operation has had worldwide success over the past century taking home several world champion titles. Stuart Ranch received the American Quarter Horse Association's Best of Remuda award in 1995 for their quality of working horses.
The cattle division is comprised of 60 percent Black Baldies and 40 percent Herefords. Cows calve in one of two 60-day calving periods; February through March and September through October. Forst oversees the cattle operation and has four "camp men" that reside on the ranch to ensure things are taken care of properly.
The hunting division, Stuart Ranch Outfitters, is an Oklahoma Agritourism destination managed by Forst's oldest son, Clay. The outfitting operation offers package hunts at both Caddo and Waurika locations. Hunters have an opportunity to hunt whitetail deer, turkey, waterfowl and feral hogs on 46,000 acres ranging from tallgrass prairies to rolling rocky hills.
Learn more about the significance of Terry's involvement in Oklahoma agriculture, by reading her full profile story up on our website - click here.
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|Numbers in USDA Cattle on Feed Report Well Anticipated - Derrell Peel Offers A 'Big Picture' Analysis
The USDA came out with its latest Cattle on Feed Report, Friday. I caught up with OSU Extension Livestock Market Economist Dr. Derrell Peel for his initial reaction to the numbers, reflecting August 1 data.
Peel's impression was very mild, feeling that the industry had a firm handle on what to expect, unlike the previous month that sent the industry for reeling with unexpectedly high placements.
"I don't think this report changes things much," Peel remarked, summing up his reaction. "In terms of pre-report expectations, this report was pretty well anticipated."
According to Peel, this month's report measured cattle placements at 102.7 percent over last year; marketings at 104.1 percent of last year; and cattle on feed at 104.3 percent - a figure pulled back from the previous month just slightly, says Peel, but still up year-over-year.
"The bigger picture here, is that we've been in herd expansion for three years and that's beginning to show up with a pretty sustained increase in the feeder cattle pipeline," Peel asserted. "It's marching on. Those cattle are going to come into the feedlots, work their way through - and all of it ultimately translates into this continued expectation for increased beef production as we go forward."
For more of Dr. Peel's insight into this report, click here
for a chance to listen in on our complete conversation as we breakdown the numbers and discuss their reflection on the current state of the industry.
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|Vet Mike Apley Says Antibiotic Use in Animal Agriculture is a Matter of Judicious Use vs. Stewardship
In recent years, the threat of bacterial resistance to antibiotic treatments, has prompted concerns not only in the human health sector, but also over the use of antibiotics in livestock production as a contributor to the issue. Hence, the recent enforcement of the Veterinary Feed Directive (VFD) that now governs antibiotic use in production agriculture. Kansas State University Veterinarian Mike Apley, is one of the nation's foremost authorities on the subject. He spoke with me about his perspective on the issue."The question - is about stewardship vs. judicious use," he asserted, explaining that the judicious use of antibiotics is when a veterinarian has diagnosed an infection and prescribes an effective dose of antibiotics for an animal for a specific duration of time. "We've made that decision, to use it for just as long as I need to and I'm only going to expose the animals that absolutely have to have it. Stewardship brings in the part of me doing everything I possibly can to avoid the need to use the antibiotic."In his work with peers and fellow scientists, Dr. Apley arrived at the point of view that stewardship should be practiced, in order to ensure the continued use of antibiotics be allowed and remain an effective treatment. This is a position he feels adamant about."On ag, we're being asked about the nature of the production systems that have evolved to very, very efficiently produce food at a very low cost," Apley said. "What it comes down to is, antibiotics are incredibly valuable in human and veterinary medicine. So, we better be paying attention to stewardship."Listen to Dr. Apley explain his position regarding the appropriate use and value of antibiotics in the livestock industry, on Friday's Beef Buzz - click or tap here.
|ICYMI - Senate Ag Chairman Pat Roberts Addresses the Kansas Governor's Summit on Agricultural Growth
Earlier last week, in his remarks to nearly 400 Kansans at the Kansas Governor's Summit on Agricultural Growth, Senator Pat Roberts, Chairman of the Senate Ag Committee, stressed the importance of maintaining a strong crop insurance safety net.
"We need to ensure that producers have risk management tools at their disposal. Crop insurance is, for many, the most valuable tool in the risk management toolbox," he said. "During my visits, producers from across Kansas, Michigan, Montana, Alabama and nearly everywhere in between have emphasized the importance of crop insurance and other risk management tools as they navigate through a struggling farm economy."
Roberts acknowledged the difficult economic times the agriculture community is facing currently as we progress closer to Farm Bill discussions. He stated sternly that minor differences in opinions from the separate factions involved in the process, should not deter from the overall goal of completing the 2018 Farm Bill on time.
He expressed his optimism in the opportunities a new Farm Bill would have for rural America - sharing his hope for renewed economic prosperity through carefully crafted legislation that will better serve farmers and ranchers.
For a look at the Chairman's complete opening remarks, you can jump over to the original article on our website, by clicking or tapping here.
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