|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 Carson Horn on RON.
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On Wednesday the
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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:
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
Thursday, December 21, 2017
Ron_on_RON and the Oklahoma Farm Report Are Stockyards City Bound!
I have talked to many of you about the changes happening here at the Oklahoma Farm Report and the Radio Oklahoma Network- but wanted to give everyone an update as 2017 starts to wind down about what's going on with yours truly and our team here at RON.
Earlier this year- it was decided by the Griffin Communications folks that they did not want to be in the Ag Radio Network Business- and at that point- and there was talk about either trying to sell the Radio Oklahoma Ag Network or perhaps simply shutting it down.
The man who I have worked with many of the years I have been on the radio and talking agriculture in the state of Oklahoma is Tim West. We worked together at the Oklahoma Agrinet- he was a salesman, Sales Manager and later Network Manager there- retired to his Duck Hunting Guide Business and then got talked out of broadcast retirement by David Griffin to run his Radio Oklahoma Network. In 2006- Tim and I started talking about me making the jump from the Agrinet to the Radio Oklahoma Network- joking that they had the named the network after me and I had to come to work for him.
Well- Ron on RON was the result- and it has been a great ride. Thank you David for including me in your News9 and News on 6 family.
When Tim was made aware of the Griffin desire to get out of this part of the broadcast business- he and I started talking about buying the ag radio network and continuing what we had built.
That started coming together in November- and as of December first- Tim West is the new owner of the Radio Oklahoma Ag Network, the Oklahoma Farm Report website and this newsletter- and I have a small equity position as a partner with Tim in this venture.
So- what does this mean to you if you listen to us on the radio, surf our website, read this email daily or follow us on Twitter or Facebook????
Really- nothing. The effort was made to be seamless in these areas from November 30th to December first and since then- and we are working hard to do just exactly that!
Saying that- it does mean that we are more more determined than ever to not only be a GREAT source of agricultural news and market information every day- but also as we see the need- to be a GREAT Advocate for the farm and ranch community as well. To be honest- that has always been my goal as a farm broadcaster/journalist since I began in 1974 in Wichita, Kansas. Sometimes in some of our recent battles against those who hate modern production agriculture- that has been difficult- we will leave it at that.
It does mean that we are looking at some options for our In the Field TV segments- we appreciate the platform given to us on News9 over the years- but stay tuned- we will be making an announcement on that aspect of our effort to tell the Ag Story very soon.
It also means we are relocating our studios and offices to perhaps the most historic place in Oklahoma Agriculture- the Oklahoma National Stockyards!!!
When you turn onto Exchange Avenue and go under the famous sign- look right and wave- we will be located in the office building just past the sign right besides KIS Futures. Give us a few days to get things all "gussied up"- we hope you will stop by and say HOWDY once we get established in our new digs.
These changes have caused me to reflect on how thankful I am to be a part of the US and Oklahoma farm and ranch scene- so many of you have been so important in my life- and have helped us accomplish so much in being a VOICE for the farm and ranch community for well over forty years!
Thank you for your trust and support and friendship! It's been a great ride- and we are not done yet!
By the way- if you have ideas or suggestions or complaints about what we do- the buck stops with me- email me
or give me a call sometime soon.
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.
|Ag Community Reacts to Congress' Passage of Its Tax Reform Package
Leaders of the House and Senate Agriculture Committees say the just-passed tax bill delivers lower taxes for farmers and ranchers. House Ag Chair Mike Conaway remarked that this bill will deliver several benefits to those in agriculture, including lower marginal rates, favorable treatment of pass-through income and improved small business expensing.
Meanwhile, Senate Agriculture Chairman Pat Roberts said the legislation offers a more fair, simpler tax code for all Americans. For farmers, Roberts says the bill creates a "much more pro-growth tax system," lowering the tax burden on farmers and ranchers.
Not all agree, however, that the bill will benefit farmers and ranchers. The partisan bill was not supported by Democrats. Further, the bill will deliver near-term benefits to farmers, but many of the ag-important provisions are temporary.
The President of the National Farmers Union Roger Johnson
said in a statement
released, yesterday, that he was very disappointed with the bill, arguing it will ultimately provides handouts for the wealthy that "will be paid for by family farmers, ranchers, the lower and middle classes, and our future generations."
On the other hand, Zippy Duvall, president of the American Farm Bureau Federation
applauded the bill, and stated
AFBF will now focus on making those important tax deductions, lower rates and the estate tax exemption permanent."
National Council of Farmer Cooperatives President Chuck Conner chimed in, too, remarking positively on the passage of the bill. He thanked Senator John Thune of South Dakota and Senator John Hoeven of North Dakota, for their roles in making sure provisions were made to protect farmer coops from incurring future tax rate hikes, fearing that possibility with the elimination of Section 199 in the tax code. Conner went on to share Duvall's similar sentiments.
"With the tax reform package now through Congress, we look forward to President Trump
signing the legislation into law at the earliest opportunity."
|Too Early to Speculate on '18 Mid-Term Elections, But NCBA Says It's Important to Back Ag's Friends in DC
The New Year is almost upon us and with it comes the next mid-term elections in Congress. Already, people are beginning to talk about the many different scenarios in which this could all play out. The fact is, whichever way the tides turn politically, will have an impact on how well the agriculture industry will be able to work with Congressional leaders to ensure a positive business climate. However, Colin Woodall
of the National Cattlemen's Beef Association's Washington, D.C. office says it is simply too soon to make speculations.
"It is way too early to determine what is going to happen come November," he said. "There's a lot of things that will factor into that. Neither party right now should be confident. They both are going to have to work hard. When you look at the numbers, the opportunities are there for any scenario to play out. It's something we're going to have to watch very closely."
What are some of those main factors that could potentially swing the vote? Woodall says two things - the President's ability to sign the new tax code into law before the end of the year (a strong possibility at this point), and how quickly people start to see a change in their paycheck. The question there is, will they remember that come November? Woodall also says the sexual harassment issue has and will continue to play a big role in the outcome of the mid-term elections. Depending on how it goes, ultimately, could have a significant impact on NCBA's ability, Congress' ability and the President's ability to pass legislation and continue this trend of deregulation that favors a productive and unhindered agricultural economy. Woodall insists this is why the NCBA's PAC fund is so important, to help back those incumbents and contenders - of either party - in Congress that are friendly to agriculture.
"NCBA PAC is a tremendous tool for us here in Washington, D.C. It allows us to take everything that members donate, dollar for dollar, to do everything we can to try to influence these elections in a way that allows us to have as many friends on Capitol Hill as possible," Woodall said. "We need to make sure we keep them around fighting for us, because we still have a tremendous number of challenges and we need people who are willing to step up and fight. So, stay tuned on this one."
Listen to Colin Woodall of NCBA explain how the outcome of the mid-term elections in Washington could impact the ag industry's legislative efforts, with me, on yesterday's Beef Buzz - click here
A new report by Rabobank analysts suggest that regionalizing the CME index, which is comprised of 12 states, might serve to increase the accuracy of the Feeder Cattle Basis and Market. The viability of the feeder cattle contract in its existing form, is brought into question in this report, as a means of better understanding and perhaps better managing market volatility.
RaboResearch Food & Agribusiness, Senior Animal Protein Analyst Don Close says market volatility has in recent years become an increasingly frequent and widely accepted complaint among those involved in cattle futures. He says the situation has rapidly escalated to the point that risk management tools have become far too expensive and unpredictable for producers to effectively use.
"The number of feeder transactions by region comprising the CME Index are not distributed equally through all geographies, a key consideration producers should have when establishing a heading program," explains Close. "The question as to how well a geographic area is represented in the composition of the index is an important consideration to incorporate in hedging strategies."
No matter your circumstance, Rabobank analysts recommend working with a knowledgeable broker because of the uncertainty in the basis and the numerous influences.
Analysts have suggested grouping the 12 states of the CME index into five regions: Montana and Wyoming; Nebraska, South Dakota and North Dakota; Iowa and Missouri; Kansas and Colorado; and Texas, Oklahoma and New Mexico.
Click here to read the original article on our website to learn more.
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more.
And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
Gordon Stucky, owner-manager of Stucky Ranch, Kingman, Kan., was recently honored by Certified Angus Beef, presented this year with the brand's Ambassador Award. Stucky earned this recognition for his hospitality to those unfamiliar with, but curious about beef production. In a recent interview with CAB, Stucky talked about why he opens his gates to tour groups.
"What's been so fun about hosting folks who come to the ranch, is they can see some of the things that we do that, from 30,000 feet flying over Kansas, you'd never think about," Stucky said. "But, we kinda want to bring them in touch with reality."
Stucky says many guests to the ranch step off the tour bus with a lot of preconceived notions about what they'll see and learn. Just as many he says climb back aboard the bus with a totally different mindset.
Guests ask a lot of questions during their visits, he says. Some philosophical, some technical and others just come up in discussion. But Stucky says they all help the family stay focused and intentional in the work of their operation.
"We'll brainstorm with them with whatever they want to talk about. If they want to dive into genetics and how we formulate the breeding program, we'll talk that way," he explained. "Or, if they want to talk about what's the life of a year with a cow like, we'll discuss that... kinda everything we do is almost under the microscope."
The Stuckys ride for the brand-theirs and Certified Angus Beef-as do the beef marketers and chefs who come to visit.
"They want to know the product, and they want to know the story of the product, and how good the cattle are," Stucky said. "But yet, at the same time, they want to know Jesse Stucky, and they want to know the name of the horse that Jesse Stucky gets on and rides... And, I think that, hopefully, helps spark their continued interest in the program. Their continued desire to ride for the brand. And, we always tell them, this is a two-way street. Because, we need them as much as they need us."
To read more about Stucky and his operation, or to watch a video clip featuring him talking about why he opens his gates to tour groups, click or tap here.
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USDA announced earlier this week the availability of $10 million in competitive grants to help enterprising American farmers and ranchers develop pioneering on-farm conservation tools and practices. Of the available $10 million in grant support, 20 percent will be reserved to support projects focused on historically underserved producers.
The National Sustainable Agriculture Coalition applauded the Department's NRCS office for prioritizing organic farmers, grazing lands conservation, and soil health opportunities through the Grant Announcement.
NSAC Policy Director, Greg Fogel, commented on the new appropriations, saying the Department's focus on these areas sends a strong signal about where additional investment is needed in the coming years.
By listing organic systems as a priority area, NSAC states that the USDA is acknowledging the tremendous impact the organic industry has had - and will have - on American agriculture.
NSAC hopes that acknowledgement will also send a clear message to Congress about the immense potential to be gleaned from organic and conservation agriculture. NSAC says Congress has a rare opportunity in the 2018 Farm Bill to set American farmers and ranchers up for a more successful and sustainable future. The organization is now encouraging Congress to seriously consider how it will recognize organic and conservation-minded farmers and ranchers in the 2018 Farm Bill.
Many producers have probably asked themselves the same questions regarding a heifer that has had difficulty birthing her first calf. Chances are she may have difficulty again the following year. If that's the case you would probably just as soon cull her rather than invest in her as a permanent part of your herd.
Dr. Glenn Selk, investigated the effects of repeated calving difficulty on a heifer's long-term productivity as a cow, in his latest article out this week in the Cow/Calf Corner newsletter.
According to Selk's research on the subject, digging up a study conducted by Colorado State University and published in 1973, calving difficulty as a two-year-old had a profound effect on productivity.
"The likelihood that calving difficulty will happen again the second year is only slightly greater than in heifer counterparts that calved unassisted the first year," Selk explains, adding some helpful advice. "Proper heifer development to a body condition score of 5.5 or 6 at calving, along with breeding heifers to low birth weight EPD bulls should help reduce calving difficulty in two-year-olds."
For more of Glenn's advice and to see the complete details of the study he refers to above, click here.
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