Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 2/26/2018 6:53 AM
To: ron@ronhays.com



 
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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 or tap here for this morning's Farm news from Ron Hays on RON.
 
  
  
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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 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.
  
  
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
   Monday, February 26, 2018

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 

KelseyOCAsAg Sales Tax Exemption Still in Play says OCA's Michael Kelsey as Deadline Week Arrives

According to Michael Kelsey, executive vice president of the Oklahoma Cattlemen's Association, the ag sales tax exemption is still at risk of becoming a possible target by legislators at the State Capital looking for solutions to balance the budget.


Now three weeks into this legislative session, Kelsey offered a legislative update in which he said already, a bill has come through committee that would have sunset the ag sales tax exemption. He assures that attempt has been successfully deflected, but says the exemption is by no means off limits to others who might eye it a quick revenue fix.


"That just tells you what kind of environment we're involved in here," he said. "From a revenue standpoint, there are things on the table that we're watching. Our ag sales tax exemption is still very, very much in play."


For now, though, the state's budget is a step closer to being solved. This week, the Governor is expected to review a budget bill that was sent to her desk this past week, that will close the 2018 Fiscal Year. Kelsey says that essentially, the bill cuts the budget by two percent, but only for one quarter. Once that is finalized, the process will continue, but this time in addressing the 2019 Fiscal Year, which begins July 1, 2018.


Meanwhile, both the Senate and the House are going through the process of electing new leadership, a Pro-Temp and Speaker respectively. Agriculture advocate Mike Schulz is terming out of his position in the Senate so a new candidate will certainly fill that spot. But incumbent Speaker Charles McCall is in the running for reelection, with several contenders seeking his office. Kelsey says things in government will be in flux until those offices are filled.


This week, however, will be a busy one, marking a deadline for bills to come out of committee. If they fail to do so, they die there. Kelsey says the number of bills on the register will drop dramatically after March 1. 


Take a moment to listen to Kelsey's legislative update, covering these topics and other ag-related bills being written, by  clicking or tapping here. 


Sponsor Spotlight


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.

JimmyEmmonsAn Eighty Year Success Story- Jimmy Emmons Talks OACD 80th Anniversary With Yours Truly

A birthday party deluxe is underway this week at the Embassy Suites just south of the Oklahoma State Capitol- as the Oklahoma Association of Conservation Districts holds their 80th Anniversary Meeting. Established in 1937 in response to the dirty thirties and tons and tons of dirt blowing thru the air- the Conservation Districts established a way for landowners and government to work together in keeping the soil from blowing away- improving water quality and in more recent times- initiating the conversation about Soil Health through practices like No Till and Cover Crops.


The President of the OACD is one of the rockstars in No Till Production- Jimmy Emmons of Leedey. I talked with Emmons on the opening day of the meeting Sunday afternoon- and we discussed the 80th anniversary, the status of conservation work in Oklahoma and previewed a world class part of the meeting planned for Tuesday- the Regenerative Agriculture Conference.

Click or tap here to jump over to our website for a chance to hear our conversation with Jimmy- some good thoughts about where we stand in improving soil health here in Oklahoma and across the US.

LuskDr. Jayson Lusk Tells Ag Advocates to Focus on Win Win Conversations with Consumers


Dr. Jayson Lusk, farm economist, professor and Head of the Agricultural Economics Department at Purdue University, a former faculty member at Oklahoma State University, addressed attendees at the 2018 Bayer AgVocacy Forum in Anaheim, Calif. on Sunday afternoon. Lusk spoke to leaders in industry innovation, social media advocates for agriculture and the media on consumer trends and how those issues pertain to the development of the upcoming Farm Bill. He discussed ways in which those in the ag industry should advocate for their interests and how to position their messaging to achieve the best terms possible for farmers.

Radio Oklahoma Ag Network Associate Farm Director Carson Horn is on location covering the event and had the chance to speak with Lusk about the challenges and opportunities he sees ahead as Farm Bill discussions get underway.

Click or tap here to read more about Lusk's comments on how to achieve a win-win arrangement with consumers - as well as to listen to Carson and Jayson talk about these issues.

WichertWomanInAgClara Wichert of Fairview Recognized as a Significant Woman in Oklahoma Agriculture by ODAFF

Clara Wichert of Fairview, Okla. was recognized last week by the Oklahoma Department of Agriculture as a Significant Woman in Agriculture.


Her involvement with agriculture first began when she married a farmer by the name of Lloyd Wichert in 1959. The couple's operation consisted of 600 acres of canola, alfalfa, wheat and cattle. Wichert had grown up on a farm, but her father thought women belonged inside the house. Because of this, Wichert didn't have much farm experience. But Lloyd had different plans for his wife. Wichert laughs about it now, but she recalls how difficult the transition was for her.


When Lloyd passed away in 1998, Wichert surprised everyone, including herself, and continued farming, seeking help from the Oklahoma Farm Bureau and Oklahoma State University on when to sell her wheat and how to manage her finances.


During this time after her husband's death, Wichert found purpose with the OFB and served on the OFB Women's Committee for 15 years, even chairing the committee for nine years.


Learn more about Wichert's story and what makes her a Significant Woman in Agriculture, by clicking or tapping here

 

Sponsor Spotlight


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.   

BUZZNCBA's Sara Place Tells Producers to Beat the Drum, Celebrate US Beef's Success in Sustainability

As people become more interested in where their food comes from and how it is produced, the issue of sustainability in food production continues to grow as a leading concern among consumers. Perhaps the biggest challenge therein, is trying to explain what exactly that is. National Cattlemen's Beef Association's Dr. Sara Place works with beef producers to help answer that question. In a recent interview, she remarked that really, the term means something different to everyone.


"There's a lot of values infused in it and that's what makes it so complicated and why we're still having this debate about what it actually means," Place said. "But that said, in terms of what it means to the cattle industry is producing safe and nutritious wholesome beef while paying attention to economic viability, environmental stewardship and social responsibility."


In reality, Place says what consumers want in regard to sustainable production is probably very close to what producers are already doing - those practices that have been passed from one generation to the next as the right things to do as caretakers of land and livestock. Place says the US beef industry is in fact a leader in all areas of sustainable beef production already, especially when compared to other nations around the world. She promotes the importance of sharing that story and getting out in front of consumers' concerns. First and foremost, she insists the industry must put its values upfront and define the term "sustainability" before those outside the industry does it.


"We have a really good story to tell in our efficiency in the US, whether it's affordability of beef, the environmental impact or the carbon footprint of the industry," she said. "We're the leaders when it comes to sustainable beef production in the world and so we need to be a little more vocal about that and let people know how efficient we are."


Listen to NCBA's Sara Place and I discuss the beef industry's success story in sustainability on Friday's Beef Buzz, click here.
KimAndersonOSU's Kim Anderson Responds to Latest USDA Model Projections for '18/'19 Wheat Marketing Year

 
In response to the release of USDA's latest model projections for the 2018/19 wheat marketing year, OSU's Kim Anderson offered farmers in Oklahoma a brief analysis of the report and his marketing strategy based on its findings.


According to Anderson's summary, key projections in the report put roduction at 1.839 billion bushels (up 5.6% from 2017/18 and 10.6% below the 5-year average), ending stocks of 931 million bushels (down 7.8% from 2017/18 and 4% above the 5-year average). The 2018/19 average annual price was projected to be $4.70 compared to the projected 2017/18 price of $4.60.



Anderson says the price of wheat in Oklahoma averaged between 98 cents and $1.24 less than the US average wheat price throughout last year.


He says that over the last 20 years, Oklahoma prices have veraged 10 cents less than U.S. prices, which he believes may be attributed to relatively low protein levels. 


However, Anderson believes that if Oklahoma's 2018 wheat has a test weight above 59 pounds and protein above 12 percent, the price spread may decline to near the minus 10 cent average and making Oklahoma's 2018/19 projected average annual price to be $4.60. In contrast, relatively low test weight and/or protein wheat crop could result in the average Oklahoma 2018/19 projected price being $3.70.


Anderson also offered his marketing strategy for this year, which he believes will help farmers determine how they can be most profitable given the current marketplace conditions. To review that strategy,  click here to jump to his full article.

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.

 

POPEClimate Hub's Clay Pope Invites 
Farmers to Attend Workshop on 
Prepping for Continued Drought, March 5th

As drought continues to persist across Oklahoma and its neighboring states, the USDA Southern Plains Climate Hub, along with its partners with the National Drought Mitigation Center, the Southern Kansas Grazing Lands Council and others, is extending an invitation to all farmers in the area to attend a Drought Update and Outlook workshop, scheduled for March 5, 2018 at the Community Center in Ashland, Kansas. This class is designed to help farmers prepare their operations for extended dry weather patterns.


We caught up with organizer Clay Pope, who shared with us what attendees can expect to get out of this informational session.


"We'll talk to producers about some of the tools available through NOAA and the National Drought Mitigation Center to help inform them on some of their decision making," Pope said. "We'll cover the programs that help producers deal with the effects drought, planning for more drought if indeed we see this pattern continue. We'll talk about how to deal with recovery from wildfire and how to lessen its impact. Just try to help producers to have the best information and resources they can possibly have to deal with the situation."


The current drought situation is expected to intensify and Pope says Oklahomans, Texans and Kansans alike are all too familiar with the impact a severe drought can have.


For more information on this meeting and details on how
 to get registered, tap here.

ThisNThatThis N That- Quartermaster Creek Angus Bull Sale, Cattle on Feed Analysis and Commodity Classic and Interstate Farm Show Ready To Roll

Mike Switzer want to invite you to the Quartermaster Creek Angus Bull Sale this Wednesday, Feb. 28th, at the ranch near Leedey, Oklahoma.

Mike and Annie will be offering 100 Two-Year Old Bulls from the Top of Their Herd

These Bulls are Rugged and Ready for Heavy Service!


Also Featuring: Yearling Heifers carrying Quartermaster Creek Genetics 

Geonomic Results will be available

Details are available here.

Click or tap here for a sale catalog.

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This past Friday- we got our latest Cattle on Feed Report- we have our audio Q&A analysis with Dr. Derrell Peel on our website this morning- and will feature it more fully in tomorrow's email once we can add in his written commentary that he will be releasing later this morning- but if you want to listen to his comments now- they are available by clicking or tapping here.

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As you may have noticed in an earlier story- the one featuring Jayson Lusk- we have Carson Horn in Anaheim this week- ready to cover the 2018 Commodity Classic- be watching on our website and here in the email for coverage from Carson the next few days as he chases the latest news from the National Association of Wheat Growers, National Sorghum Producers, National Corn Growers and the American Soybean Association. 

I will also stay busy- as we have the Oklahoma Association of Conservation Districts meeting that we will be covering as well as at the end of the week when we will be at the Interstate Farm and Home Show in Coffeyville, Ks- hosted by two of our GREAT radio station-s KGGF and KRIG.  

Click here for more details about this show and I look forward to seeing folks from that part of the state there. 
 
Our thanks to Midwest Farms Shows, P & K Equipment, American Farmers & Ranchers, Livestock Exchange at the Oklahoma National Stockyards, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma AgCredit the 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 appreciate our Market Links Sponsor - OKC West Livestock! 
 
 
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.   
 

 
God Bless! You can reach us at the following:  
 
phone: 405-473-6144
 

 


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