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Let's Check the Markets!
OKC West is our Market Links Sponsor- they sell cattle three days a week- Cows on Mondays, Stockers on Tuesday and Feeders on Wednesday- Call 405-262-8800 to learn more.
225 head of cattle on their showlist for the Wednesday,
May 23rd sale of finished cattle - click here
to jump to the website.
OKC West sold slaughter bulls mostly 2.00 higher and cows unevenly steady on Monday
At the Oklahoma National Stockyards- Feeder steers and heifers steady to 2.00 lower, mostly steady. Steer and heifer calves are trading with a much lower undertone on limited offerings- Click or tap here for the complete report from USDA
Joplin Regional Stockyards reports lower calf and yearling trade on Monday with receipts at 6,425- click or tap here for the complete report.
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
Tuesday, May 22, 2018
Poor Wheat Conditions Get Minor Bump in OK and KS, While Corn Planting Nears Completion this Week
The latest crop progress report released by USDA on Monday afternoon indicates advanced progress made in the planting of our national corn crop, while soybean planting keeps up a bit faster pace than normal. Wheat crops in the Southern Plains are still far from good quality but did see minor improvement in both Oklahoma and Kansas, while the Texas crop declined some again in this report. Click here to review the complete national crop weather report for this week.
Oklahoma's wheat crop this week rates 61 percent poor to very poor, 27 fair and 12 good to excellent. Wheat headed this week is 96 percent complete, above the average by 1. Click or tap here for the complete Oklahoma Crop Weather report as of May 20th.
, winter wheat condition rated 15 percent very poor, 32 poor, 38 fair, 14 good, and 1 excellent. Winter wheat jointed was 96 percent. Headed was 71 percent, well behind 93 last year, and behind 80 for the five-year average. Click or tap here for the Kansas Crop Weather details released on Monday afternoon.
Finally, in Texas, Weather conditions were mostly dry and warm through the early part of the week, however thunderstorms arrived late week, bringing much needed precipitation.
Winter wheat in the Northern High Plains was being cut for hay or grazed. In some areas of the Northern Plains, producers are hoping to salvage enough of the wheat crop for use as next year's seed. Producers in the Blacklands and the Edwards Plateau had begun harvesting wheat, while wheat and oats harvest continued in South and South Central Texas.
Wheat's condition this week rates 2 excellent, 14 good, 22 fair, 29 poor and 33 very poor. Winter wheat headed reached 93 percent complete this week, 4 points behind the previous year and 2 ahead of the average. Harvested reached 12 percent complete this week, 6 behind last year and 5 above the average. For the complete Texas Crop Weather report- click or tap here.
Oklahoma's crop actually improved slightly this week versus a week ago as did the Kansas crop while Texas on the other hand saw a minor decline in its condition. Oklahoma's poor to very poor rating decreased by 4 percentage points from 65 percent a week ago to 61 percent this week. The Kansas crop improved, from 51 percent last week to 47 percent poor to very poor this week - and the Texas wheat crop declined from 59 percent poor to very poor last week to 62 percent poor to very poor this week.
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|Farm Bill Follies- Next House Vote June 22?
In order to get a second vote on the 2018 Farm Bill- It appears that the GOP Leadership have agreed to the demands of the Freedom Caucus to give them their vote on the Goodlatte Immigration bill- which as it stands today- has chances that are slim to none in getting approved by the full body.
Majority Whip Steve Scalise told reporters on Monday that "We're looking at moving the farm bill on June 22 and having the Goodlatte-McCaul bill come up the third week of June." According to a Roll Call report- "The newspaper said it was not immediately clear the Freedom Caucus would accept the approach. Scalise said there is not a majority of votes for the Goodlatte-McCaul bill at present and that efforts are being made to identify elements of a bill that would pass."
Meanwhile- Collin Peterson, top Democrat on the House Ag Committee, believes it's 2013 all over again. "What we'll end up with is an extension" of the 2014 law. Our side is not going to live with this work requirement stuff ... We're willing to go back to the drawing board and fix it (the farm bill)." But House Agriculture chairman Mike Conaway says SNAP work requirements "absolutely" must be part of the new farm law.
This could mean the Senate might get ahead of the House and write their version of the farm bill first- and Senator Pat Roberts has signaled there will be no SNAP work requirements in a bill he assembles with Debbie Stabinow- his ranking member.
Bottom line- NO Vote on the Farm Bill This Week in the House-
Next Farm Bill Sighting May be an Unveiling of Language in the Senate after June 4th
There MIGHT be a House Farm Bill Vote June 22 or thereabouts.
The Role of Heifers in the US Beef Production System Continues to Grow According to Derrell Peel
According to OSU's Dr. Derrell Peel, the contribution being made to our beef production by heifers is beginning to see an uptrend, thanks to a growing level of efficiency in how producers feed and manage their livestock. However, research on this matter is also revealing some of the unintended consequences that the industry may be starting to realize.
As herd expansion in the US slows, we are seeing the slaughter rate of heifers increase from what they have been during the last several months of retention. This is part of an overall trend, he says, of growing slaughter rates in the US as it pertains to heifers. For the past 45 years, heifer slaughter has averaged around 37 percent annually, when you look at the total make-up of both slaughter steers and heifers. Prior to 1965, though, that percentage averaged less than 30 percent.
What is interesting, too, is how heifer's carcass weights play into production as well. In 1967, heifer carcass weights averaged about 564 pounds. Since then, heifer carcasses have increased as a percent of steer carcass weight to a new record of 92.5 percent in 2018.
"Clearly, the industry continues to feed heifers more and more efficiently, Peel writes in his Cow/Calf Corner column this week. "There may, however be a downside. Research at Oklahoma State University has shown that big carcasses lead to big beef cut sizes which may limit demand. Anecdotal indications from the industry suggest that for a number of years, some markets for beef products have specified heifer sources to ensure smaller product sizes. The problem now is that heifer carcass weights in 2018 are the same size as steer carcasses were in 2005. Heifer carcass weights appear to have provided a buffer against big steer carcasses for the past decade or more but that may be coming to an end. It may be that cattle and carcass weights can physically continue to get bigger but there is a very real question of the demand implications and economic consequences of continued growth in steer and heifer carcass weights."
Read Dr. Peel's full analysis of how the role of heifers in beef production is changing, by clicking here to jump to his original article.
Lindsey Roberts of Calera, Okla. Recognized as a Significant Woman in Oklahoma Agriculture
Lindsay Roberts grew up heavily involved in agriculture about 10 miles north of the Oklahoma-Texas state line on her family farm near Calera, Okla. This past week, she was recognized for her influence in the state's ag industry, as a Significant Woman in Agriculture by the Oklahoma Dept. of Ag.
Like many who grow up in the industry, Roberts became involved in the youth organizations 4-H and FFA, showing sheep, participating in public speech contests and shooting sports, and much more. She continued her FFA membership even into the collegiate chapter. Today she volunteers with both organizations wherever she can, one of those ways is by serving as the sheep superintendent for the Bryan County Junior Livestock show.
Currently, she puts the ag-economics degree she earned from Murray State and Old Dominion University to good use as the accountant for the family business, a fertilizer plant in Durant, Okla. and also helps with other duties such as assisting with and loading bulk fertilizer, ensuring customer orders are filled and invoiced, and managing the office.
While working full time at the fertilizer plant, Roberts is also working on her Certified Public Accountant licensing at Southeastern Oklahoma State University in Durant, which will help her fill a great need in her area for agriculturally focused CPA's. She has also become the main point of contact for Veterinary Feed Directive (VFD) issues in her area, liaising with her husband, who is the Representative for House District 21, which has made her a valuable resource to many in the community on how to stay compliant with the law.
FAPC Reminds Folks to Practice Good Food Safety as Grilling Season Kicksoff this Memorial Day
Memorial Day weekend marks the unofficial start to summer and with warmer weather on the way, many Oklahomans will be firing up their grill and celebrating with cookouts, picnics and other activities.
Summer is typically a time of creating fun-filled memories and delicious meals; however, if the meal is not prepared properly, it could be a source of foodborne disease, said Ravi Jadeja, food safety specialist for Oklahoma State University's Robert M. Kerr Food & Agricultural Products Center.
According to the U.S. Department of Agriculture's Food Safety & Inspection Service, foodborne illness peaks during the summer months, as harmful bacteria tend to grow faster in warmer, more humid weather.
Jadeja says it is important for consumers to be mindful of food safety in and away from the home. Jadeja says using good food-handling practices and cooking foods to proper temperatures are just a couple of ways consumers can reduce the risk of foodborne illness.
For more of FAPC's suggestions and food safety tips to keep in mind while celebrating this Memorial Day weekend, click here.
Through the voluntary contributions of Oklahoma's oil and natural gas industry, the OERB has spent over $113 million restoring more than 16,000 orphaned and abandoned well sites across the state at absolutely no cost to landowners. The OERB has restored sites in 71 of 77 Oklahoma counties, cleaning an average of two to three sites each day.
Price of Beef Cows Falls to Historic Lows as Herd Expansion Starts to Plateau, So Says Randy Blach
Since the drought in the Southern Plains decimated many beef cow herds and consequently reduced our national beef cow herd by several million, we have steadily seen the industry rebuilding over time all the way through 2017. However, in 2018, expansion is beginning to look a lot different. Randy Blach of CattleFax explained recently the change of pace he has seen take place during the last several months.
"We're basically moving back here to a level where the expansion rate is flattening out," he said. "We're still expanding but at a much, much, much slower rate than what we were a few years ago. Exactly what we should be doing."
By the end of this decade, Blach says he expects the bulk of this herd expansion to be mostly wrapped up. In the meantime, though, he says producers are having a hard time balancing things. Prior to the expansion slowing down, cows were being retained - very few harvested. Now, Blach says, the industry is beginning to see cow slaughter percentages increase. However, the market is failing to deliver producers adequate returns on their investment. Blach says the price of cows currently is at historically low levels.
"It's hard to capture the full value of those animals, because we've got a lot more cows that need to be harvested than we have space available," Blach said. "This is going to intensify over the next couple of years. Particularly when you are marketing cows at times when we're in those peak runs. You're going to see this cow market be pretty defensive in here over time."
Listen to Blach explain what is happening in the cattle market right now that is dampening the price of beef cows, on yesterday's Beef Buzz show - click here.
Make Plans Now to Attend PORK Academy Seminars Scheduled During the 2018 World Pork Expo
Pork producers attending the World Pork Expo and others interested will have the opportunity again this year to partake in continuing education seminars to learn the latest pork industry trends and issues, with the return of The Pork Checkoff's Producer Opportunity for Revenue and Knowledge (PORK) Academy. Sessions will be held Wednesday, June 6, and Thursday, June 7, at the Iowa State Fairgrounds in Des Moines, Iowa during the WPE.
"PORK Academy allows producers to hear industry news firsthand from experts," said Andrew Reinecker, chair of the Pork Checkoff's Producer and State Services Committee and a pig farmer from York Springs, Pennsylvania. "The Checkoff funds numerous programs, and this is a chance for attendees to learn more about each aspect of the industry. Bringing producers and industry professionals together offers networking opportunities as well." The 2018 PORK Academy seminars will be held at the Varied Industries Building, Room C, at World Pork Expo. Following are the topics and schedule. For more information about Pork Checkoff-sponsored events and activities at World Pork Expo, call the Pork Checkoff Service Center at (800) 456-7675, or click here to view the complete schedule and agenda on our website for details.
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|County Extension Offices Now Offering Local Cotton and Soybean Producers Dicamba Application Training
Federally mandated dicamba training is now being offered to local cotton and soybean producers via video at Oklahoma Cooperative Extension Service county offices. Anyone planning to use specific dicamba herbicides labelled for the Roundup Ready Xtend Crop SystemTM for soybeans and cotton must complete federally mandated and ODAFF approved dicamba training before spraying these products this year.
The mandatory training covers the new regulations, including how to work with these herbicides, which are now restricted-use products with extensive recordkeeping requirements, and best management practices for applying the herbicides.
Producers and applicators who have not yet completed the required training can view the material on video at any of the state's 77 county Extension offices. The video, approximately one hour long, also is available in Spanish. There is no charge for the training. To receive credit for completing the video training, applicators must fill out the sign-in sheet at the county office. The sign-in sheet will be forwarded to the Oklahoma Department of Agriculture, Food and Forestry, which will provide a new license. Noncertified applicators will receive a certificate. For more information about dicamba training, contact the nearest county Extension office. For more details, including a directory of Extension offices around the state, click here.
|From Yesterday- Audio Link Fail Fixed- Hear Congressman Frank Lucas
The story with audio from former House Ag Committee Chairman Frank Lucas that was in the Monday email had a bad link to the audio conversation that I had with Congressman Lucas-
I apologize for that- our team is looking at ways to make sure we get those type of technical details taken care of better in the future.
We actually had the audio posted in two places on the web- one was functioning and the other misfired. So many of you were able to find and listen to Mr. Lucas.
If you want to hear his comments and analysis- they are still relevant- click or tap here for our story that has our Q&A embeded.
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