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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.
Oklahoma National Stockyards report light numbers and higher prices for Yearlings on Monday- click or tap here for the complete report.
Joplin Stockyards report a hot market with 6,123 on hand- steers under 800 lbs and heifers under 600 lbs 3.00 to 7.00 higher, steers over 800 lbs and heifers over 600 lbs 7.00 to 10.00 higher.
OKC West is closed for the entire week for the Fourth of July Holiday- they return next Monday, July 9th with their regular cow and bull sale.
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, July 3, 2018
USDA Calls Oklahoma Wheat Harvest 98% Complete- Corn Crop Nationally Looking Great- 76% Good to Excellent
The US Department of Agriculture released Monday, July 02, 2018 its latest Crop Progress report according to which the US corn crop is denoted as being 17 percent complete in its silking stage, above 9 last year and 8 for the five-year average, with a current condition rating this week of 6 percent poor to very poor, 18 fair and 76 percent good to excellent. Meanwhile, 27 percent of the national soybean crop is reported to be blooming, well ahead of both the previous year at 17 percent and the five-year average of 13 percent, with a condition rating currently of 6 percent poor to very poor, 23 fair and 71 good to excellent. Winter wheat's condition across the US stands this week at 34 percent poor to very poor, 29 fair and 37 percent good to excellent with 51 percent of the crop harvested at this time, on par with this time last year and just ahead of the five-year average by 2. Click or tap here to view the complete USDA Crop Progress report, released Monday, July 02, 2018.
Looking at our three-state region across the Southern Plains this week -
In Oklahoma, winter wheat harvested reached 98 percent this week, up 4 points from the previous year. Wheat's condition in Oklahoma rates this week at 62 percent poor to very poor, 28 fair and 10 good to excellent. For the full Oklahoma Crop Progress report for this week, click here.
In Kansas, winter wheat condition rated 16 percent very poor, 30 poor, 37 fair, 15 good, and 2 excellent. Winter wheat mature was 97 percent, near 94 last year. Harvested was 71 percent, near 69 last year, and ahead of 63 for the five-year average. For the full Kansas Crop Progress report for this week, click here.
And across Texas, wheat harvest is winding down in the High Plains with some producers in the Edwards Plateau getting their fields ready for planting small grains, while Dryland cotton in the meantime had little emergence in the High Plains this week, unlike irrigated cotton which continued to progress. Winter wheat condition in Texas this week rates 50 percent poor to very poor, 31 fair and 19 percent good to excellent. Wheat harvest reached 80 percent this week, near the average of 83 and behind last year by 12. For the full Texas Crop Progress report for this week, click here.
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.
Beef Industry Leaders in Kansas Unveil Cattle Trace Pilot Program for Disease Traceability Study
Kansas state government officials and leaders from the Kansas livestock industry announced a new program called the Cattle Trace Pilot Project. Cattle Trace is a unique public-private project that will develop and test a cattle disease traceability infrastructure in the state, which will hopefully be a catalyst in discussing and designing a national traceability program.
Kansas Governor Jeff Colyer was at a weekend event announcing the pilot project and says Kansas is home to some of the finest beef producers in the country.
"We are proud that the Kansas beef industry has taken the lead in this important project that will enhance our ability to protect cattle health here and across the nation," Colyer says.
Kansas beef producers, as well as state government officials, consider cattle disease traceability to be an important component in the overall viability and biosecurity of the U.S. beef industry, playing a significant role in resuming and maintaining commerce in the event of a disease outbreak. The development of a viable end-to-end cattle disease traceability system is a top priority in the beef industry in Kansas and across the country.
For more details on this pilot program, jump to the full story over on our website, by clicking here.
okPork Executive Director Roy Lee Lindsay Says Times are Changing, Time to Face the Challenges Ahead
Times are changing in the world of agriculture and like any other organization in the industry right now, the Oklahoma Pork Council is facing its own set of challenges in this modern era. We caught up recently with okPork Executive Director Roy Lee Lindsay, who explained how producers are dealing with this period of transition.
The main thing, Lindsay described in our interview with him, is the industry's need to be more inclusive in appealing to consumers. Lindsay points out that sustainability and transparency in production agriculture has become a major concern for consumers, who have come to expect a certain level of responsibility from those who produce their food.
"What we know consumers want, is they want to know you share the same values they have," he said, explaining okPork's latest initiative to reach consumers. "We've worked really hard in the last 12 months to get our 'Day in the Life' video blog launched. I think that's a huge step forward as we talk about transparency."
Essentially, this vlog will give viewers a glimpse into the daily routine of local pork producers, filmed and produced by an okPORK staff member who will regularly spend a day on the farm with different individuals in the industry. These videos will be available to watch on the okPORK website as well as the organization's YouTube channel.
"These videos are designed to give you a sneak peek at the people that are doing the work," he said. "Because, that's where you demonstrate what your values are."
This effort is just one strategy okPork is taking to establish a relationship with customers and create a dialogue that will hopefully build consumer trust in the pork industry. Lindsay insists this is more important than ever before. As the urban population grows and rural communities shrink, Lindsay says it will become increasingly more difficult for the ag industry to protect its interests from a policy standpoint. In recent years, rural Oklahoma's representation at the State Capital has steadily declined. He says that is a dangerous situation for the ag community to be in as rural advocates in the legislature continue to be replaced by suburbanites with little knowledge or understanding of how those involved in the ag industry manage and operate their businesses.
While this presents a significant challenge for the pork industry and the larger ag community as a whole, Lindsay says this is also an opportunity to educate the public and bring everyone together to find common ground and come together in support of one another.
Click here to read more about the challenges the pork industry is facing and listen to our complete conversation as well for more details.
As Lawmakers Get Closer to Producing a Final 2018 Farm Bill, Lots of Work Left to Do in Conference
Allison Rivera of the National Cattlemen's Beef Association's DC office says the recent passage of the Senate Farm Bill across the Senate Floor was welcomed news for all of agriculture, including the cattle industry. In a recent interview, she talked about a few of the key things included in the Senate version that are important to US beef producers. A couple concerns that stay top of mind with Rivera is the much appreciate permanent authorization of a Foot & Mouth Disease Vaccine Bank, but unfortunately that comes without any funding attached. In addition, Rivera says the Senate bill's Conservation title pales in comparison to the House version. Overall, she says the bill itself is something NCBA can work with but looks forward to seeking further improvement as the House and Senate come together in the near future to develop a final bill in Conference.
"These bills are obviously very different and there's going to be a lot of conversations had about how we move forward with two very different bills," she said. "I think there is room to work with the Senate and the House in Conference committee to work out some of the differences."
Going into the process of Conference, Rivera says producers are at least relieved to know that the Lee-Booker amendment that would have been very harmful to checkoff programs, particularly the National Beef Checkoff, was struck down on the Senate Floor - a major win for the ag industry. Lawmakers have left the Hill this week for a Fourth of July recess. But, as soon as they return, Rivera says work will get underway to organize a Conference committee that will hopefully soon produce a final version of the 2018 Farm Bill.
"What we're hearing is that after this holiday recess - the staff from both sides will come back the second week of July and start working. Hopefully the House and Senate will move quickly to pick conferees for the Conference committee," she explained. "As soon as those are chosen, we will move forward and get to work. Once they can come to an agreement, those bills will shoot quickly back to the House and Senate and hopefully we'll get them passed onto the President's desk before September 30th."
Listen to Rivera and I discuss the Senate's Farm Bill from a cattle industry perspective and the process moving forward to write a final version of the bill, on today's Beef Buzz - click here.
The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
OCA Invites all cattle producers to be a part of their 66th Annual Convention and Trade Show July 20-21 at the Embassy Suites in south Moore. Check their website below for more info on this annual gathering of the Oklahoma Beef Cattle Industry.
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website
. For more information- call 405-235-4391.
Cattle and Beef Markets are Not Independent from Global Markets Says OSU Economist Derrell Peel
OSU's Dr. Derrell Peel attempted to explain the complex relationship between domestic cattle and beef markets with the overall global marketplace. With the Fourth of July upon us, marking the halfway point of this year, Peel says this is a great time to consider the second half of the year compared to the first six months of 2018.
Thanks to some macroeconomic factors that have helped buoy beef demand internationally so far this year, despite nearly a four percent increase in beef production, Peel says 2018 has turned out to be a relatively strong marketing year for the US beef industry.
However, he predicts that the second half of the year could bring more demand challenges as foreign pressures begin to weigh on the domestic market, expected to face continued growth in production which will only compound the situation.
"Numerous countries have implemented retaliatory tariffs in response to U.S. tariffs on steel and aluminum. In some cases tariffs include beef and will have a direct impact on beef markets," he writes. "The bigger impacts are likely to be indirect in a range of impacts on other markets. Other meats, especially pork, are more directly impacted among the wide range of U.S. products subject to tariffs. Negative impacts on exports of other meats means that more total meat must be absorbed in the domestic market. Total U.S. red meat and poultry production is expected to increase nearly three percent year over year to a record level over 102 billion pounds. Any slowdown in meat exports will undoubtedly add pressure to domestic meat prices."
Click here to read Dr. Peel's full analysis of the current beef and cattle markets on our website.
Three Trends Agriculture Equipment Manufacturers Should Be Ready For Over the Next 25 Years
According to a new report out from the Association of Equipment Manufacturers, written by the Context Network, three growing trends will become increasingly prevalent in the agricultural equipment sector over the next 25 years.
The report explains that much of the change that will take place over the next quarter century, will be a direct result of a massive shift in farm ownership that is likely to change the face of American agriculture-driven in part by the aging demographics of today's farmers.
"Economics is the primary driver of farm structure change," says Doug Griffin, principal at Context Network. "Just as with most other industries, scale drives improvement in margin. Therefore, farms continue to evolve into large operations with improved efficiencies and lower cost."
According to Context's research, the agriculture world is primed for a shift in operation and ownership, as farmers begin to retire and eventually pass the land on to their children. With little interest in working the land themselves and their own retirements to plan, many of these children who have made a life off the farm will choose to sell their families' land, leading to a mass increase in corporate farm ownership.
When it comes to equipment purchasing decisions, the new generation of farm managers will likely be more heavily influence in their decision making by how purchases affect their bottom line - and will in turn put less emphasis on brand loyalty.
In addition, this report describes how advancements in technology will lead to tractors and harvesters becoming more sophisticated like computers and continue to increase its reliance on software. The increased use of precision agriculture technologies will also help farmers be more productive in the field and will drive competition in the industry based on a technology's data and analytic capabilities.
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Governor Mary Fallin Appoints Panhandle Rancher Britt Hilton, of Gate to State Board of Agriculture
Panhandle rancher, Britt Hilton, was appointed yesterday to the State Board of Agriculture, by Governor Mary Fallin to serve out the remaining term of the late Joe Mayer, who passed away in May. Although he will begin his term immediately, final confirmation by the state Senate is still required. His term will expire in April of 2022.
"Britt Hilton comes from a family with a long tradition of agriculture," said Fallin. "He is familiar with the issues and needs facing our state's farmers and ranchers. The agriculture industry has always played a huge role in Oklahoma. Our state has a long, proud history as a leader in agriculture, and the industry continues to positively impact our state today."
Hilton, who owns and manages a cow-calf and stocker operation in addition to growing wheat and sorghum in Gate, Okla. says it was an honor to receive the Governor's appointment. "Farming and ranching is important in our state," he said. "I have a strong interest in the beef sector but look forward to helping strengthen our state's diverse and thriving agriculture industry."
Learn more about Hilton and his credentials for this position, by clicking here.
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