|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 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 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
Friday, March 9, 2018
|US Meat Export Federation Reports a Solid Start to 2018 for U.S. Beef and Pork Exports in January
The US Meat Export Federation reported this week that January exports of U.S. beef were significantly higher than the large totals of a year ago while pork exports were steady in volume and increased in value.
"January export results were solid overall and were especially strong for muscle cuts," said USMEF President and CEO Dan Halstrom. "Despite the decline in variety meat volume, export value continued to increase. This underscores the important contribution variety meats deliver for producers and for everyone in the U.S. supply chain."
Beef exports totaled 105,486 metric tons (mt) in January, up 9 percent year-over-year, while export value surged 21 percent to $624.4 million. Exports accounted for 12.4 percent of total beef production in January, up slightly from a year ago. For muscle cuts only, the percentage exported increased from 9.5 percent to 10.1 percent. Beef export value averaged $293.06 per head of fed slaughter, up 14 percent year-over-year.
January pork exports totaled 203,488 mt, steady with last year's strong volume, while export value increased 7 percent to $545.6 million. Pork exports accounted for 24.7 percent of total pork production, down from 26.2 percent a year ago. For muscle cuts only, the percentage exported declined slightly to 21.5 percent. Pork export value averaged $50.93 per head slaughtered, up 1 percent year-over-year.
For muscle cuts only, beef exports reached 80,495 mt (up 15 percent) valued at $555.7 million (up 23 percent). Pork export volume increased 5 percent to 164,189 mt, while value climbed 9 percent to $454.2 million. Beef variety meat volume fell 5 percent to just under 25,000 mt, but value increased 7 percent to $68.8 million. Pork variety meat exports dropped 16 percent in volume (39,299 mt) but still managed a 2 percent increase in value to $91.5 million.
For more highlights of January's export numbers or to view the full report from USMEF, click over to our website.
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And if you check us out on the web at pkequipment.com, you'll have it all at your fingertips. New & used equipment (you can even request a quote, schedule service, or get a value for your trade!), current P&K promotions, service scheduling, online parts shopping, finance tools & so much more! Stop by and meet the team at P&K Equipment today- in stores or online. Because around here, John Deere starts with P&K.
Kim Anderson Reports on Progress of Wheat Crops Around the World Moving Toward Maturity
This week on SUNUP - OSU's Dr. Kim Anderson updates viewers on the latest grain market developments.
Across Oklahoma, Texas and Kansas, Anderson says wheat conditions have improved slightly, but not much compared to the week prior. Meanwhile, both Russia and Ukraine's projected crop for 2018 is anticipated to be down about two percent. Internationally, wheat crops are looking fairly good especially in Australia with dramatic improvement from last year's disastrous crop. All except France, which has the worst conditions currently it has had in the last four years.
Managed fund positions in the futures markets have also been interesting to watch this week, particularly in regard to corn and soybeans. Corn picked up about 38 to 40 cents this week as contracts have ran about 100,000 long, while soybeans advanced 40 to 45 cents, currently about 200,000 contracts long.
At the elevator, harvest delivered wheat is being offered a forward contract price of roughly $5.00, currently. Corn, about $3.55 and near the same for sorghum. Soybeans, injecting a bit of optimism in the marketplace with a forward contract price of $9.50.
You can watch their visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now and see what else is on the lineup for this week's episode, by clicking here.
|Nearly 160 Days Since Major Rainfall was Seen, Western OK Gets First Taste of Exceptional Drought
Oklahomans in the northwest part of the state got their first taste of "Exceptional Drought," this week, according to the latest Drought Monitor.
Parts of Oklahoma, including the Panhandle and western half of the state have gone as long as 159 days now without any significant rainfall.
Not since May of 2015 has our state seen such dry conditions. Currently, only five percent of the state's total land mass is under that designation. However, the overall area of drought in the state has dropped dramatically down to 47 percent. But, those areas in drought are extremely dry, with only six percent in moderate drought conditions.
You can view the latest Drought Monitor or read this week's Mesonet Ticker report from State Climatologist Gary McManus
, by clicking here
|As Dryness Persists, Jordan Shearer Suggests Farmers Consider Sowing Drought Tolerant Sorghum
Carson Horn, our associate farm director sat down at the recent Commodity Classic with Jordan Shearer, executive director of the Oklahoma Sorghum Association, to talk about the commodity's influence here in the Sooner State, which he says fits perfectly into any wheat and/or cattle operation as a diversifying crop rotation.
Shearer stated that, "with our weather extremes in Oklahoma, which can be pretty severe, sorghum has a competitive advantage as far as being very drought and heat tolerant."
Planting has not yet begun in Oklahoma yet this year, as farmers wait for the soil to warm up to that magic 65-degree temperature. However, the lack of moisture this year has many farmers concerned as they prepare for planting.
"I can tell you, in Slapout where I farm and ranch, we just got a tenth of moisture last week and that's all we've had since the first week of October," he reported. "That's all got us real concerned. I know hay stocks are down, so I think a lot of growers are still not really sure about what they're going to plant this spring."
Shearer suggests sorghum as an obvious option, to help farmers diversify their farming operations.
Read more or listen to Carson's full interview with Shearer to learn more about how sorghum can improve and diversify your operation this growing season, by clicking here.
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
Now is the time to put on your 2018 calendar the date for the 2018 Oklahoma City Farm Show, coming April 19, 20 and 21, 2018. Contact Ron Bormaster at (507) 437-7969 for more details about how your business or organization can be a part of the 2018 Oklahoma City Farm Show!
Click here for more details about the 2018 Oklahoma City Farm Show- presented by Midwest Farm Shows.
|OYE Competiton Underway- Six Breed Champions Selected In Purebred Gilt Show on Thursday
The first day of showing at the 2018 Oklahoma Youth Expo is in the books- and six breeds of purebred gilts were sorted through by judges Justin Rodibaugh and Curt Hannon- both from Indiana.
The Purebred gilt show continues on Friday morning, with Polands and Durocs to be judged, followed by the selection of the Supreme Purebred Gilt and the final sale order selection for the Night of Stars Gilt Sale that will happen Wednesday evening, March 14.
From Thursday's show- here are the champions from day one:
Champion- Sadie Varner, Bristow FFA
Champion- Marcos Trejo, Ringwood FFA
Champion- Will Jones, Skiatook FFA
Champion- Tucker Lang, Cushing 4-H
Champion- Grace Montgomery, Red Oak FFA
Champion- Adison Thompson, Noble 4-H
Our coverage of the 2018 OYE is powered by ITC, Your Energy Superhighway!
Click or tap here to see the Reserve Champs for each breed- and read more about our coverage of the 2018 Oklahoma Youth Expo.
|Foundation for Food & Agriculture Research Awards $1.25M Grant to Study Adaptive Multi-Paddock Grazing
The Foundation for Food and Agriculture Research, a nonprofit established in the 2014 Farm Bill, awarded a $1.25 million grant to ASU Foundation for A New American University. Researchers will collect data on Adaptive Multi-Paddock grazing to analyze how this grazing technique increases farm resiliency, contributes to carbon sequestration, improves soil biodiversity, and impacts animal wellbeing and productivity. The FFAR grant has been matched with funding from McDonald's USA for a total $2.5 million investment.
AMP grazing uses light weight, portable fencing systems to move animals strategically around a large pasture, allowing for dense grazing interspersed by long periods of recovery for the land. This technique mimics the natural grazing patterns of wild ruminants and is highly adaptive for a variety of livestock. This project will quantify how AMP grazing impacts farm and ranch productivity, as well as measure environmental impacts of production.
The research is being led by Principal Investigator Peter Byckwith the School of Sustainability and the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.
Researchers will collaborate with cattle ranchers to study farming operations in the Southeast and Great Plains regions in the U.S. to understand producer perceptions about AMP grazing and evaluate real-world applications of the practice. The project will also address issues of animal wellbeing and productivity.
Click here to read more about this new study being funded through FFAR's grant on our website.
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|A Word with the Cattlemen's Beef Board's New CEO, Scott Stuart, as He Settles into His New Role
Already a few weeks into settling into his new position as chief executive officer of the Cattlemen's Beef Board - the organization that oversees the dollar per head Beef Checkoff and its programs - Scott Stuart spared a moment to sit down with me recently to talk about his background in the cattle business and understanding of the beef industry.
Stuart described his lifelong involvement in the business, being born into a ranching family from north central Colorado. Stuart would go on to continue ranching in Montana and stayed very involved on an industry wide level with his work at the previous organization he led, the National Livestock Producers Association where he spent 30 years of his career serving cattlemen. With the NLPA as a contractor for the CBB, Stuart has stepped into this new position with an intimate experience and knowledge of the CBB's operations, but also brings with him a unique perspective - having seen how Checkoff programs work for and benefit producers from the other side. He says having that perspective will aid him as he works to promote the success of the CBB and its programs.
"It's incredibly important," he said, describing a project he participated in where he travelled the country speaking with producers about the Checkoff and how they perceived it. He continued, awing over the impressive current approval rate of the Checkoff by producers, now measured at 74 percent. "That's a great number. You think about how complex the Checkoff may be to producers, but to understand and support it at that level is great."
Hear Scott Stuart and I speak about how he is settling into his new role as CEO of the Beef Checkoff - click or tap here
From the Calendar- Johnston Open House Today- Hall Coyote and Red Alliance Sales Tomorrow
We encourage you to check our CALENDAR on our website on a regular basis- it will give you details of many of the Ag Related Events going on in our world of farming and ranching and more- Three events we call your attention to this morning-
Johnston Seed Company - Their Ribbon Cutting Ceremony & Open House is happening today from 10 am to 2 pm at their headquarters in Enid on Chesnut. The Meibergens are celebrating 125 years with food, fun, and a vendor fair.
Hall-Coyote Hills Ranch will be holding their 2018 BULL SALE tomorrow- Saturday, March 10th at 1:00 p.m. at the Ranch
1 mile west, 2 miles south and 1 mile west of Chattanooga, OK on Hwy 5
SELLING 100 LIMOUSIN & LIM-FLEX BULLS
70 FALL YEARLINGS - 30 YEARLINGS
94 Lim-Flex - 6 Purebred Limousin 97 Blacks, 86 are Homo Black & 3 Reds
All Polleds, 88 are Homo Polled
For more details- go to their website by clicking or tapping here.
(You can check out catalog and videos of the bulls on the website.
Red Alliance Annual Production Sale is set for tomorrow-Saturday, March 10th at the Heart of Oklahoma Expo Center, Shawnee, Oklahoma
The sale will feature Seventy 18 month old Red Angus bulls
The Red Alliance team is a group of Red Angus breeders that are among some of the best in the breed with a commitment to producing high quality genetics for commercial and seed stock producers alike.
To get more information about the sale- click or tap here to learn more about the Red Alliance and to link over to their catalog.
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