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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.
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Okla Cash Grain:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
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
Thursday, May 17, 2018
Farm Bill Debate Shows Partisan Divide in House- Rules Committee Lists 50 Amendments "In Order" for Today
Yesterday afternoon- the House Rules Committee hauled out their initial Rule on the 2018 Farm Bill- packaged with a couple of other measures- and it passed with ease- then came the hour of general debate on H.R. 2- the Agriculture and Nutrition Act of 2018.
Chairman Conaway offered his defense of the measure- lamenting the partisan divide but claiming it was only in the Nutrition arena where he and Collin Peterson parted ways- you can read and listen to Mike Conaway's comments by clicking here.
As for Collin Peterson- we have his comments- the text and the audio available here- Collin took exception with the failed process and blasted the Republican proposal as being bad not just in the SNAP area- but in multiple places of failure otherwise.
At the end of the hour- he did offer to sit down with the majority if their efforts to pass the bill only with Republican votes comes crashing down around them- he offered to help craft a bi- partisan measure- which would likely mean without any SNAP reforms.
As for TODAY- the House Rules Committee released details of the Amendments they have made in order overnight- we count 50 plus the managers amendment to clean up language etc by Chairman Conaway. Click here for the list of the amendments that are "In Order."
Many of them will likely by taken care of quickly- but others will be contested vigorously- and it is likely that we will have many recorded votes stacked one on top of another late today or maybe even pushed off until tomorrow.
We have a webstory where you can review all of the Made in Order amendments- my observations:
There are no amendments that attack Crop Insurance that made the cut.
One Amendment that would "phase out ag subsidies" will be considered.
The Amendment that has been called the poison pill- that attacks the sugar program was made in order.
There is an amendment that demands transparency and more of checkoff programs- made in order.
An Amendment that would repeal the Obama era WOTUS Rule was made in order.
An Amendment that would roll back the CAP on CRP to 24 million acres was made in order.
One issue that the Rules Committee spent a lot of time on was a proposal to industrial hemp be regulated by USDA as as Ag Commodity was not allowed to be a part of the floor debate.
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.
|Immediate Past House Ag Chair Frank Lucas Sets the Stage for Farm Bill Discussion as House Debate Gets Underway
Members of the US House of Representatives gathered yesterday, to begin the process of debating Ag Committee Chairman Mike Conaway's proposed Farm Bill and numerous amendments.
Prior to the initial proceedings Wednesday morning, we had the opportunity to speak with Oklahoma's Third District Congressman Frank Lucas, immediate past chairman of the House Ag Committee, over the phone for a few minutes.
The Congressman gave us a brief synopsis of the events that would unfold - but also took a strong a stance against the opposition. Lucas said of the many amendments that had been filed, 111 in total, he and his allies would have to stand on the Floor and fight to protect the bill from being fundamentally dismantled.
Lucas says it is unlikely all 111 amendments will even be entertained, but he says the best strategy to protect the bones of the bill, which he says is a refinement of the foundational legislation he oversaw, will be to limit the opposition's access to it as much as possible.
Republicans went into this meeting with the understanding that they will be faced with harsh partisan push back- particularly regarding the controversial proposed SNAP requirements in addition to certain safety net programs. Lucas maintains that he and ag's supporters in the House will remain committed to protecting farmers and their needs from the personal preferences of their colleagues across the aisle.
"I would argue as I've always argued, if a Farm Bill is about raising the food and fiber we need in a plentiful supply, highest quality, most cost effective - then the resources should follow production," Lucas remarked. "I serve with members who think the Farm Bill should be used to define what they personally think a farm or ranch should be; to define which parts of the country should be engaged in farming and ranching and how it should be done. I hope we can again beat those amendments back because it is just critically important that we maintain the safety net."
Listen to the conversation between Congressman Lucas and I over the phone as we discuss the Farm Bill and the challenges Conaway will face in getting it passed, by clicking here.
To the disappointment of our State Wheat Breeder Dr. Brett Carver, 2018 hasn't provided much "action" as he put it, for his different wheat varieties to show off what they could do against Mother Nature's worst. In a recent conversation, he told us that all he's had to do lately, is measuring the damage caused by late freezes this spring.
Contrary to the last few years, he says there was only a light sprinkling of diseases that popped up across the state this growing season.
Working with what he's got to go on, though he says he has not really seen any one variety in particular that really stands out from the rest.
"They all seem to be in about the same category," he remarked. "Gallagher took it on the chin a little bit this year with the freeze. But, Smith's Gold on the other hand maybe a little bit better."
Carver is hesitant to make any definite calls on the actual performance of varieties in the field until he gets data back to compare and determine a statewide average. He says the combine holds all the answers.
The same is true, when it comes to his experimental lines, as well. Carver claims to have about half a dozen that he is trying to choose from to be released as the next available varieties. However, he says he has been unable to eliminate even one from the list, still searching for a distinguishing flaw to help pull some from the race.
Click here to read more or to listen to our complete conversation for more of Dr. Carver's insights.
|While this Year's Beef Business Falls a Bit Short Compared to '17, It's Setting Us Up for a Strong 2019
The 2017 marketing year turned out to be remarkable for the beef cattle business - a lot of that success attributed to how aggressively cattle were marketed during that period while keeping marketing weights well under control. According to Jim Robb of the Livestock Marketing Information Center, the industry still seems to be managing weights fairly well, though he says overall, he is not as impressed with the job that is being done this year as compared to last.
"Not quite as much pulling through of animals through the marketplace, but still very aggressive," Robb said about the pace of the beef pipeline. "Packers have been pulling these animals through and that has kept these dress weights very much in check - and probably more than anticipated."
So, while markets seem to be holding their own this year - the question remains, what about next year, in 2019? Robb says it is likely we could see prices drop slightly given the fact that feedlots will be faced with an even larger calf crop supply to deal with in 2019. However, if both domestic and international demand continues to stay as strong as it has, he says on the whole, the 2019 cattle market may work itself into an even stronger position.
"We have a little penchant for lower cattle prices in 2019, but the demand side will be the driver," he said, "which looks very positive assuming we don't have any trade issues going on. Still, while prices may be down slightly in 2019, the next marketing year stands a good chance of being an overall stronger market than we've seen in 2018."
Listen to Robb and I discuss the pace at which the cattle industry has moved inventory through the beef pipeline this year, on today's Beef Buzz - click here.
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|House Appropriations Committee Approves the Fiscal Year 2019 Agriculture Appropriations Bill
The House Appropriations Committee Wednesday, approved the fiscal year 2019 Agriculture Appropriations bill on a vote of 31-20, confirming a total $145.09 billion in both discretionary and mandatory funding - $922 million below the fiscal year 2018 enacted level.
The bill funds important agricultural and food programs and services, included within the Farm Bill.
The legislation prioritizes this funding for programs supporting rural communities, farmers, ranchers, food and drug safety, rural infrastructure, and nutrition for those in need. In addition, the bill contains several policy provisions to rein in unnecessary and burdensome regulations that harm U.S. food producers and that impede growth in important U.S. industries.
"For far too long, Washington has looked at rural America as an expanse in between the cities and their suburbs, as opposed to the backbone of America. Yet, these are the people that raise our cattle, work in the factories that dot rural landscapes, and till the land in order to provide food for our plate. This bill today continues to fulfill the commitment President Trump made to invest in rural America. The Rural Development account in the bill contains over $620 million dollars of continued commitment to expanding rural broadband and erasing the rural digital divide. Combined with the $685 million dollars in the recently passed Omnibus, Congress is ensuring that the days of looking past rural America are over," Subcommittee Chairman Robert Aderholt said. "In addition, access to high-speed internet is now just as important to a high-quality of life as electricity, water, and sewer. As a country, we cannot allow large sections of our population to be cut off from the rest of the world, and therefore, be cut off from economic opportunities."
For more details on this legislation, including a list of the amendments adopted, click here.
|Oklahomans in the News - Mark Goeller Named New State Forester, Matt Muller Appointed to State Water Board and More
Several folks in the news this week we wanted to shine the spotlight on, today.
First up, Mark Goeller, was named by Oklahoma Secretary of Agriculture Jim Reese as our new State Forester and Director of Oklahoma Forestry Services. Goeller has served Oklahoma Forestry Services, a Division of the Department of Agriculture, Food and Forestry, for the past 33 years. He has held various positions with the division, the latest being Fire Management Chief and Assistant Director since 2005. Read more about Goeller's promotion at ODAFF, here.
In other news, Matt Muller, a Jackson County Farm Bureau member and fourth generation farmer, has been chosen by Gov. Mary Fallin to serve a seven-year term on the Oklahoma Water Resources Board. In this new role as a director with the OWRB, Muller will represent a diverse group of water users from regions all across the state, helping to define policy and conduct the state's water business. Read more about Muller's appointment, here.
Finally, although Dr. John Peterson of the Neogen Corporation is not an Oklahoman, he will at least be visiting during the Oklahoma Cattlemen's Association's 66th Annual Convention & Trade Show to speak with OCA members about the 'Business of Genetics' which happens to be the them of this year's event. The mission of Neogen Corporation is to be the leading company in the development and marketing of solutions for food and animal safety. With state-of-the-art genetics laboratories and the comprehensive bioinformatics to interpret genetic test results, Neogen offers identity and trait determination and analysis. For more on Peterson's talk scheduled for the OCA Convention, plus details on how to get registered for this year's event, click here.
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|OSU Researchers Test the Fear Factor of Food Preferences in the May Edition of the FooDS Survey
Most people are revolted at the thought of eating bugs, but if you think about it, a number of foods we consider ordinary might also be considered distasteful if we weren't so used to eating it. Consider honey, which is akin to honeybee vomit, or oysters, which frankly looks like giant balls of snot. If many people regularly consume oysters, might they one day consider crickets or sago worms an ordinary food?
Researchers at Oklahoma State University set out to test this in the ad hoc portion of the April and May edition of the Ag-Economics Department's Food Demand Survey (FooDS). This month, surveyors identified people who have never consumed crickets or oysters and then asked them the extent to which they would consider eating the food on a regular basis if they liked the taste and believed it safe to eat.
According to the survey, the 765 participants who had never eaten crickets or oysters were just as willing to eat cricket-based foods as they were willing to eat oysters. These 765 individuals dislike the idea of consuming either, yet it is clear that many other individuals do indeed like eating oysters. The survey suggests that if oysters have become a standard food for many, perhaps insect-based foods might one day as well.
For more highlights or a look at the full report on the results of this month's survey, click here.
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