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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.
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:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
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Ron Hays, Senior Farm Director and Editor
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Dave Lanning, Markets and Production
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, October 6, 2017
Bids for the Grands at Tulsa State Fair Junior Livestock Sale Match 2016
The 2017 Tulsa State Fair Junior Livestock Show's finale was held on Thursday afternoon and into the evening at Ford Truck Arena- and one of the most familiar faces to the annual Junior Livestock Sale of Champions was missing- LC Neel
was unable to attend the 2017 renewal of the event due to declining health concerns- but he sent his checkbook and the LC Neel family were a part of the consortium that purchsed the Grand Champion and Reserve Grand Champion Steers.
One young man who has started the annual sale before returned to lead off the 2017 sale- Baylor Bonham
of Newcastle FFA showed the Grand Champion Steer this week- and his Crossbred, named John, was the first animal into the sale ring on Thursday afternoon- and was bid up to $30,000- purchased by the LC Neel Family and McDonalds. Bonham owned the best Steer at the Tulsa State Fair in 2013
- when he was still showing as a 4-H member at the tender age of 13.
The other Grand Champions that sold after the Grand Steer included:
Grand Champion Barrow- Garret Wellden, Guthrie FFA- $12,000 to Mabrey Bank
Grand Champion Market Lamb- Brantlee Cox, Morrison FFA- $10,000 to Cherokee Pride Construction and AFR
Grand Champion Market Goat- Allie McCracken, Claremore FFA- $10,000 to McDonalds and Okla Farm Bureau
Grand Champion Broiler- Kelton Dowdle, Bessie FFA- $4000 to Bank of Western Oklahoma and Ok Youth Expo
Click or tap here
for our complete report from the Auction- including the sales info on the Reserve Grands- an interview with Baylor Bonham and a link to pictures we shot on Wednesday and Thursday.
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation. National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company.
They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
|Kim Anderson has the Scoop on how Wheat Producers Can Turn a Profit with $4 Wheat
This week on SUNUP - Oklahoma Grain Market Economist Dr. Kim Anderson
joins host Lyndall Stout
again, and this time to talk about profit strategy.
Given that ending stocks are currently very high, having come off of three world record years, right now at a projected 9.7 billion bu. - Anderson says the average price for 2018 harvest delivered wheat is at about $4.00 even. But, with very little protein in the market currently, producers with 11.4 percent protein wheat, can command a premium of about $1.15.
In order to make a profit off these prices, Anderson says it comes down to farmers' ability to utilize best management practices.
Anderson says that if best management practices are employed to break disease, weed, pest and fungi cycles, such as double cropping or a rotation crop to bump yields up and farming with intention to grow a quality crop - he argues a producer can make it over the breakeven line and turn a profit. Perhaps not enough to make a living on, he says, but at least enough to be profitable.
For a more thorough explanation of Kim's profit strategy or to find out what else is on the line up for this week's episode, click over to our website
for the full article and listen in on Kim's comments early, before the episode airs tomorrow or Sunday. Catch it all this weekend, on OETA.
|OCA Board Member Matt Boyer Encourages Producers to Vote YES on State Beef Checkoff Program
From now until October 20th, cattle producers in Oklahoma can request a mail-in ballot to vote on a referendum being spearheaded by the Oklahoma Cattlemen's Association, to establish a secondary state Beef Checkoff program. This program, if passed, would collect an additional dollar per head of cattle sold in Oklahoma, on top of the dollar currently collected, and split 50/50 between the Oklahoma Beef Council and the National Beef Checkoff administered by the Cattlemen's Beef Board. Producers will also have the chance to cast their ballot in person on November 1st, if they choose to, at their local county extension office. During this process, I wanted to get the OCA's perspective on why the state's beef industry needs and could benefit from such a program. I had the chance this week to catch up with rancher and Claremore ag teacher, Matt Boyer, who currently serves as a member of the OCA board.
According to Boyer, the need for a secondary Checkoff program stems from the growing curiosity of consumers and the industry's interest in keeping them better informed and educated about beef and how it is produced. He says, too, that a dollar today is only worth 44 percent of its former value back in 1988 when the mandatory Beef Checkoff program was first established, but expenses continue to rise. Unlike the federal Checkoff, though, this program would be completely refundable. If passed, producers who sell cattle in Oklahoma and thereby contribute to the Oklahoma Beef Checkoff, wish instead not to incur the cost - can simply submit a refund request within 60 days of the transaction for a full reimbursement.
"Right now, the agriculture industry and the beef industry has come under extreme scrutiny. So, it's our job to continue to educate and promote beef. But, it takes money to do that," Boyer remarked. "We have an opportunity to promote beef, move it forward, prepare it for the future and - it doesn't cost you anything as a producer, if you do not wish (it) to."
Only beef producers residing here in the state - but regardless of age - that own or sell cattle, are eligible to vote. Even Boyer's nine-year-old daughter who owns and exhibits cattle says she is looking forward to casting her vote.
To request a mail-in ballot to cast your own vote, contact the OCA before October 20th
or call the OCA directly at 405-235-4391. All mail-in ballots must be postmarked on or before October 27th.
Boyer will join me as my guest for our weekly In the Field segment on KWTV News9 in the Oklahoma City area on Saturday morning at 6:40 a.m. In the meantime, you can read more or hear our entire off-camera interview, by clicking or tapping here.
|Senate Ag Chairman Pat Roberts Brings Trump Administration Nominees Up for Discussion with Heavy Praise
Yesterday, Chairman of the Senate Ag Committee Pat Roberts, a Republican from Kansas, held a hearing to consider the nominations of Gregory Ibach and William Northey, both tapped by President Trump to serve as Under Secretary of Agriculture for Marketing and Regulatory Programs and Under Secretary of Agriculture for Farm and Foreign Agricultural Services, respectively.
In his opening remarks, Roberts introduced the two gentlemen with praise and optimism regarding the knowledge they will bring to the USDA, as he credited both nominees with having "boots on the ground" experience gained from their careers in the agricultural industry.
"They are both farmers," Roberts said. "They know what weighs on the minds of farmers and ranchers, the challenges they face on daily basis, and the focus and drive they put into their life's work. And, significantly, they are both dedicated public servants who have led their home state's agriculture departments."
The Committee did not vote on the nominees, in accordance to Committee Rules, which stipulate that a vote on the nominations must occur in a separate business meeting. For complete coverage of yesterday's hearing to consider Ibach and Northey, click here
Roberts also had the opportunity Thursday to introduce his fellow statesman, Gregg Doud, to the Senate Finance Committee, for his consideration as Chief Agricultural Negotiator in the Office of the United States Trade Representative.
Prior to his current role as President of the Commodity Markets Council, Doud served as a senior professional staff member for Chairman Roberts on the Senate Agriculture Committee. Doud graduated from Kansas State University with a Bachelor's degree in Agriculture and a Master's degree in Agricultural Economics.
Doud received Roberts' highest praises during the Senator's introduction, in which he confidently vouched for his former staffer's skill and ability.
"I know Gregg will be the voice of farmers, ranchers, and growers. His professional experience and his Kansas common sense will serve American agriculture well," Roberts said. "I frequently hear from farmers and ranchers that trade tops their list of priorities. The agriculture industry is in need of certainty, especially during the rough patch we are currently experiencing. I look forward to working with him in taking on this challenge."
Click or tap here
for complete coverage on Doud's hearing from yesterday, which will be voted on at a later date.
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.
Environmental Protection Agency Administrator Scott Pruitt was pressured by a group of 38 Senators this week, who asked in a letter for assurances that the EPA's final targets under the Renewable Fuel Standard for 2018 would continue to drive innovation and investments in homegrown biofuels.
Growth Energy CEO Emily Skor applauded the Senators' move - calling them "champions" with an "unmistakable message to the EPA."
"The RFS plays a vital role in supporting America's rural communities, protecting consumers, and promoting U.S. energy security," she stated. "The law is clear, and it has been working effectively for over 12 years to offer drivers more choices and deliver cleaner, more affordable options at the pump."
Skor continued to say that now, more than ever, the RFS is poised to drive innovation and investment to the industry and economy. But according to Growth Energy's release, despite the program's track record of success and President Trump's vow to protect it - the EPA has recently raised concerns that they may have lost sight of the goals set by Congress.
Skor finishes her statement, encouraging leaders in Washington to hold the EPA accountable to administering the program as mandated. Click here
to check out the full story.
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|Crisis Consultant David Pelzer Offers Expert Tips on Handling an Unexpected Crisis on the Farm
Earlier this year, during the Oklahoma Cattlemen's Association in Norman, guest speaker, David Pelzer
, president of Pelzer Communications Resources, presented on one of his specialties which is preparing producers for the unexpected on their farms or ranches. In a conversation that day with me, he suggested several steps producers can take right now to stay ahead of any crisis situation.
With the tremendous wildfire situation that occurred in Oklahoma in March, it just caught a lot of people unaware, because it was just an unprecedented event," he said. "But really, it's an opportunity for us to take a step back and look for each of our operations and say, 'Do we have a crisis plan in place to be able to deal with that type of a situation?'"
Pelzer suggests the first step anyone can take that will benefit a producer in any sort of situation, is simply to start making lists. He advises producers begin by making a crisis team list. When forming a crisis team, Pelzer says consider people involved directly with your operation, but also think about the people that may be essential in a crisis that work off the farm. For example, Pelzer says in a hypothetical emergency on the farm, your attorney, a clergyman, your feed dealer or crop insurance agent, even your lender and other family members might be important people to have on hand. The key, here, is to recognize that stress, as Pelzer puts it, "can make you stupid." And a crisis is the ultimate stressful situation. He recommends producers have these people, their phone numbers and their roles in an emergency situation all written down, so that you won't have to rely on your brain to recall these things if and when something bad happens.
"You want to contact those types of people ahead of time and say, 'Hey, I'd like you to be on my crisis team in case something ever happens," Pelzer said. "So, no matter what the crisis situation, there is stuff we can do now to be proactive."
Listen to crisis management expert, David Pelzer, offer some helpful tips on how to prepare for an emergency situation, on yesterday's Beef Buzz - click here
|In Other News - Fire Ant Meeting, GMOs and Angus Success Story
Representatives from the Oklahoma Department of Agriculture will host an informational meeting regarding Imported Fire Ants at 10 a.m., Oct. 10 in Gate, Okla. Anyone interested in attending, is welcome, especially those who received or stored hay during the disaster relief efforts following the Northwest Oklahoma Complex Fires. Learn what to look for, how to trap fire ants, and where to send them once they have been trapped - and receive your own trap kit. For complete details, click here.
American shoppers have access to more information than ever before, and from that accessibility many concerns and opinions have sprung up about what foods are "sustainable" or "GMO-free" and also "locally-grown" or "natural." The U.S. Farmers & Ranchers Alliance hosted a Food Dialogues session to address the issues surrounding biotechnology and its impact on today's food and the environment. For more information about The Food Dialogues, and to view a recording of the panel discussion from that event, click here.
Jim Moore and his wife, Melissa, of Moore Cattle Co. in Charleston, Ark., were awarded the 2017 Certified Angus Beef Commercial Commitment to Excellence Award for an endless pursuit of quality that continues to reward their family's operation, year after year - click or tap here to read about his operation or to watch a video clip featuring Moore talk about the principles on which he has built his herd.
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