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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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- 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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|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Monday, February 19, 2018
PEDv and People Moving Notes on President's Day 2018
It is President's Day 2018- a Federal Government Holiday- which means no mail delivery, Federal offices like FSA and NRCS are closed and many state and local governments are also taking the day off- check with anyone connected with the government before making a trip to town to see them today.
The Ag Futures are also in the middle of a three day weekend- as is the US Stock Market. Most of our Livestock Auctions that normally run the front end of the week are operating as nromal- we should have our normal midday market updates from OKC West, the Oklahoma National Stockyards and Joplin- as well as the wholesale Boxed Beef trade reports from USDA.
NOW- as for our mention of PEDv- Roy Lee Lindsey
caught us at the AFR Convention on Saturday and asked if we have gotten his email regarding the Oklahoma Pork Congress that was supposed to be happening this Friday- telling us that the Congress was being postponed out of an abundance of caution to protect the herd health of Oklahoma's hog farmers. "There has been a recent outbreak of Porcine Epidemic Diarrhea Virus (PEDv) in Oklahoma," Lindsey said. "Oklahoma's hog farmers consider it a priority to protect the health and well-being of their animals. We have elected to postpone Pork Congress until later this year. Click here for their statement released late this past Friday- guess we will have to wait a little longer for the Bacon Casino night!
Regarding People Moving- lots of buzz at the AFR meeting about the move by the Oklahoma Farm Bureau in naming a new Vice President or Public Policy to replace LeeAnna McNally who has taken the Government Relations Position for the Oklahoma Regents for Higher Education. Farm Bureau has cut a deal with former State Senator Ron Justice from Grady County to be their lead lobbyist at the State Capitol. We heard lots of positive vibes about that move by the general farm organization.
Another person on the move is Francie Tolle- read about here in our next email story.
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.
|From the American Farmers Ranchers Convention- Francie Tolle and Eddie Fields Honored
Forgive me for using the word VIBE twice in a single email- but I came away from the Norman Embassy Suites feeling lots of good "vibes" from several different perspectives- one was the Ron Justice news from Oklahoma Farm Bureau- but the other overarching "good vibes" came from the AFR Convention in general.
Attendance seemed to be good- there were lots of young people hanging out- enjoying things like the Peterson Farm Brothers and more- and the mood about the general farm organization and their insurance business seemed very upbeat.
Saturday night- the organization honored a pair of Oklahomans with what they are calling their Ag Advocacy Award- State Senator Eddie Fields and Francie Tolle of the USDA Risk Management Agency.
"Sen. Fields unwavering compassion for public service and his strong dedication to agriculture make him a great candidate for our Ag Advocacy award," said Terry Detrick, AFR president.Fields is a third-generation rancher, continuing the Fields Ranch legacy started by his family in Osage County in 1952. A strong desire to hold public office fueled his first election to the Oklahoma House of Representatives. He went over to the other side of the Capitol Building in 2010 to represent Kay and Osage counties in the Oklahoma Senate. He currently is Assistant Majority Floor Leader and Vice Chairman of Appropriations, Chairman of the Appropriations Subcommittee on Natural Resources and Regulatory Services, and Chairman of Rules. Click here to read more on AFR honoring Fields.
Francie Tolle was also honored Saturday night with an Ag Advocacy Award- even as she is making a big career jump from the regional level to the national level with the Risk Management Agency of USDA.
She is moving from the Oklahoma City office of the RMA to the RMA headquarters office in Kansas City, where on February 20th- she takes on the role of the Director of Product Administration and Standards Division for the Risk Management Agency- telling us that in this brand new role that she will be overseeing national policy for Crop Insurance- including work on policy underwriting as well as loss adjustment. She adds that she will be working with national farm organizations and the House and Senate Ag Committees in charting the direction of crop insurance going forward.
You can read more
about the award given to Francie Saturday night- and also a chance to hear more about her thoughts on Crop Insurance as she transitions into this new National role in shaping risk management in this country- just click or tap here
| Noble Institute Offers Resources to Help Producers Develop Contingency Plans as Drought Worsens
As severe drought conditions worsen across Oklahoma, Texas and Kansas, the Noble Research Institute is encouraging farmers and ranchers to make contingency plans now to help decision-making easier as spring approaches.
Hugh Aljoe, director of producer relations says despite short-term forecasts that call for rain, it is expected that current conditions will continue to intensify over the next few months.Producers should consider taking immediate steps, such as buying hay while it is still available and culling cows, to help mitigate further impacts to their operations. Farmers are advised to assess their available forage and water sources and decide if destocking is necessary."It is important that farmers and ranchers gather their information and take steps as soon as possible," Aljoe said. "Keeping close records and knowing production costs is important in making timely and effective management decisions." To assist producers in making these decisions, the Noble Research Institute has developed a special web page (www.noble.org/drought) to serve as a central source for information that can be used throughout this difficult situation.
Click here to read more about Noble's efforts to help producers weather the current drought situation.
| OSU's Dave Marburger Suggests Online Tool to Help Farmers Know When to Move Cattle Off Wheat
With forecasts predicting continued dryness in the state, moving your cattle off wheat pasture at the right time is of particular importance this year. According to Small Grains Extension Specialist at OSU Dave Marburger, the optimal time to do that is at a growth stage in your wheat called first hollow stem. Knowing exactly when that occurs, though, is often a challenge, which is why researchers at OSU developed the First Hollow Stem Advisor - an online tool that can be found on the Mesonet website that farmers can use to help make that determination
"With this tool, producers can select their variety from a list of varieties that separates them into three FHS categories: early, middle, and late. Then, maps can be generated to provide the probability of FHS based on current conditions and the 1- and 2-week projections," Marburger explains. "When using this tool, it is recommended to start scouting for FHS from a non-grazed part of the field once the 5% probability is reached. Because stem elongation will begin moving quickly as the temperature warms up, starting your scouting at the 5% level will help give you the time it takes for making the preparations for cattle removal by the time FHS occurs."This tool should be used as a proxy to begin scouting for FHS. The best estimate of FHS, insists Marburger, is still to split stems from plants in each field to determine where they are developmentally.You can read more of Marburger's advice on how to spot First Hollow Stem in your fields by clicking here.
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|Marilyn Harrel of Leedey, Okla. Recognized as a Significant Woman in Oklahoma Agriculture
Growing up in Leedey, Okla., Marilyn Harrel said she was fortunate to observe people who were honest, hard working, dependable, respectful, and kind to one another. Her dad and mom were farmers, raised cattle, crops, horses, and five children.
Whether she is helping raise scholarship money for youth in agriculture, serving on various boards, volunteering or mentoring, one thing is for certain, Harrel has a passion for helping youth as they develop their strengths and skills. In recognition of her selflessness and commitment to agriculture, the Oklahoma Department of Agriculture, Food and Forestry recently named Harrel a Significant Woman in Oklahoma Agriculture.One of the many outlets Harrel discovered where she could be helpful and enjoy her passion for service was through The Diamond Hats - a women's organization that supports youth in agriculture as part of the Oklahoma Youth Expo.Harrel was integral in getting the organization started. In 2005, the Diamond Hats was officially formed and Harrel served as president of the organization for the first few years, as the membership grew each year.She continues to serve as an advisor for the group which has successfully provided scholarships to seniors, premiums on livestock exhibits at the annual OYE Sale of Champions, mentored young girls at the annual "This One's For the Girls" event during the OYE, purchased FFA and 4-H official wear for youth in need, and provided wheelchairs for livestock exhibitors with special physical needs. Today, Harrel is serving her second term on the state Career and Technology Board, has served two terms on the Oklahoma Arts Council, received the Governor's Arts award, the Oklahoma Medical Research Foundation Board, and the Multi-County Youth and Family Services. She has been named by the Diamond Hats as Ag Woman of the Year, and received awards at the State FFA convention, is Dewey County Historical Hall of Fame Member, was a Leedey Teacher of the Year, and along with her husband, received the Dewey County Farm Bureau Farm Family of the year award. She serves on the Board of Directors of the Bank of Western Oklahoma and volunteers much of her free time to promoting her local community.To read more about Harrel's story in agriculture and what makes her a Significant Woman in Agriculture, click over to our website to read her full profile from the Department of Agriculture.
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|A Minor Tweak to Beef Checkoff Logo Has a Major Impact on Both Consumer and Producer Appeal
The Beef Checkoff logo has been around for a few years and in that time has undergone a few changes on occasion. Positioned beneath the logo's checkmark, there has been different verbiage included through the years such as, "Beef. It's What's for Dinner," for example. A commonly used version of the logo includes "Funded by the Beef Checkoff." However, recent consumer research discovered something that has led to yet another slight modification that National Cattlemen's Beef Association's Alisa Harrison thinks is a win-win for both the industry and the consumer as it relates to those involved.
"The Checkoff logo that really goes on anything that is Checkoff funded, previously said, 'Funded by the Beef Checkoff.' In talking to consumers, they don't know what the Checkoff is - but when they learned that it is actually beef farmers and ranchers that are paying into this fund, that really meant a lot to them," Harrison explained. "They like the fact that beef producers are making their own investments into promoting their product and the industry."
And so, to capitalize on the emotional appeal of that knowledge, the Checkoff logo has again undergone a transformation that now reads: "Funded by Beef Farmers and Ranchers." Harrison says this statement really supports the Checkoff's mission to promote the product - but also the people behind it. As an added bonus, she says producers really like the idea, too, proud of the visual recognition. Harrison says the Checkoff has a lot of brand equity with consumers, and producers understand this and are willing to continue investing their dollars in the program.
"By just making a very simple change to describe who's funding it has really helped," Harrison said, "to not only enhance consumer messages that we have, but the Checkoff itself."
Listen to NCBA's Alisa Harrison and I talk about the Beef Checkoff logo's recent modification on last Friday's Beef Buzz, by clicking or tapping here.
| New Analysis Says RIN Prices of 'Just a Few Cents' Could be in the Pipeline Without Changes to RFS
According to a new analysis from the University of Illinois shows, high D6 RIN prices have been driven by the "gap" that exists between domestic ethanol consumption and the 15-billion-gallon statutory requirement for conventional renewable fuels. The size of that "gap" continues to shrink rapidly as E10, E15, and E85 blending has expanded. Thus, as that expansion continues at a rapid pace, the "gap" will be fully closed and RIN prices will fall dramatically. Authors of the analysis report argue that "...it is not out of the realm of possibility for D6 RINs prices to fall back their pre-2013 level of just a few cents without making any changes to the RFS."
The Renewable Fuels Association has pointed out, this is exactly how the RFS was intended to work and suggests that the closing of that gap could be accelerated simply by establishing RVP parity for E15.
The bottom-line from this analysis is that the conventional ethanol gap is well on its way to being eliminated in the next few years, even without a large expansion in the use of higher ethanol blends such as E15 and E85. If this does occur, the impact on D6 ethanol RINs prices could be almost as profound as witnessed in 2013, but in exactly the opposite direction.
"It seems that the closer we come to that wall, the more intent some refiners become in hitting the brakes, insisting upon RFS demand destruction as the only safe course," said Renewable Fuels Association President and CEO Bob Dinneen. "This analysis lays waste to that false premise, and demonstrates, as we have insisted for years, that increased ethanol use will also break the 15-billion-gallon wall and lead to lower RIN prices. And RVP parity for E15 would lower RIN prices even more quickly while leaving the RFS intact. Now that's a win-win."
Click here to read the full statement from the RFA for more highlights from this analysis.
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