|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 Carson Horn on RON.
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.
1,103 head of cattle on their showlist for the Wednesday,
October 17th sale of finished cattle - click here
to jump to the website.
OKC West sold cows on Monday steady to 2.00 higher and bulls ran on a limited test
compared to a week ago - click here
for the full report from USDA.
Wet conditions held the numbers down at the Oklahoma National Stockyards on Monday- 3,500 was the estimated number on hand- steers under 800 lbs sold 1.00- 3.00 lower, few over over 800 lbs firm. Heifers 3.00-6.00 lower- click or tap here for the complete Monday auction report.
From the Joplin Regional Stockyards
- 4,944 on hand for Monday with lower money- Compared to last week, steer and heifer calves 6.00 to 12.00 lower, yearlings 3.00 to 6.00 lower. Click or tap here for the full report as compiled by USDA.
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, October 16, 2018
Bean Harvest Falls Behind Schedule, Winter Wheat Planting Continues Progress in Southern Plains
The USDA reported in this week's Crop Progress report, released Monday, October 15, 2018 that the US soybean harvest is beginning to fall behind its normal pace while the corn crop is tracking just ahead of normal this week as both crops are on the cusp of full maturity nationwide.
Our friend Max Armstrong tweeted this morning about the slow progress of the soybean harvest this last week- "PERCENT OF SOYBEANS HARVESTED IN THE PAST WEEK: Iowa-1%. Minnesota-1%. North Dakota-3%. South Dakota-1%. 18 Top Soybean States: 6%"
The hope is that drier weather this week in that part of the world will net better harvest progress.
To review the latest details on the progress of the US corn and soybean crops, check out the complete USDA Crop Progress Report for this week by clicking here.
Looking at our three-state region here in the Southern Plains -
Winter wheat planted in Oklahoma reached 66 percent, up 11 points from the previous year but down 4 points from normal. Winter wheat emerged reached 50 percent, up 18 points from the previous year and up 7 points from normal. Canola planted reached 50 percent, down 30 points from the previous year. Cotton bolls opening reached 85 percent, down 3 points from the previous year. Cotton harvested reached 12 percent, up 2 points from the previous year and up 5 points from normal.
to review the complete Crop Progress Report for Oklahoma.
Meanwhile in Kansas, winter wheat planted was 62 percent, well ahead of 40 last year, but near 65 for the five-year average. Emerged was 44 percent, well ahead of 24 last year, and near 40 average. Soybean condition rated 4 percent very poor, 10 poor, 32 fair, 43 good, and 11 excellent. Soybeans dropping leaves was 87 percent, behind 92 last year, but near 86 average. Harvested was 16 percent, behind 32 last year and 33 average.
to review the complete Crop Progress Report for Kansas.
Finally, in Texas, recent rains delayed winter wheat seedings in many parts of the state. Early planted small grains were progressing very well in the Southern High Plains. Armyworms continued to be an issue across the state. Winter wheat planted reached 60 percent this week, 4 points under last year's rate of progress and just 1 behind the five-year average. Winter wheat emerged at 35 this week rates near both the average and last year of 34.
to review the complete Crop Progress Report for Texas.
The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations. To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes.
Derrell Peel Takes a Close Look at the Big Picture of Oklahoma's Beef Market Opportunities This Fall
As we settle into the fall season, beef producers in Oklahoma are starting to get serious about their options and which direction they want to take their businesses this year. One strategy for stockers is of course to graze out wheat pasture which is establishing nicely across the state in most areas. However, each sector of the industry is different and profit potential will likewise be adjusted according to the differences in each operation's management. We reached out to OSU's Derrell Peel to get his analysis of the cattle industry and where producers can expect to find the most opportunity this year.
"You look at the different sectors, obviously it's a complex industry," Peel said. "Cow/calf producers, I think there's a modest opportunity for profits. There's wide variation in the cost structure across those producers. But, the most efficient producers and the best cost managers I think clearly are profitable at these price levels.
"Stockers is much more of a short-term margin thing- the budgets have actually looked fairly attractive this fall for the most part even though we have bid up prices and taken some of that out in the last couple of weeks. And feedlots have struggled a bit at times, although we've seen a little bit of recovery in fed cattle prices. So, fed margins look a little better as well this fall."
Listen to Peel's full analysis of fall beef market patterns and where the profit potential exists this year, on our latest Beef Buzz - click here.
OSU Extension Precision Nutrient Management Specialist Brian Arnall shared with us the results of his latest study addressing the question of just how long wheat can wait for nitrogen. Above all, Arnall's experiment essentially concluded that the timing of nitrogen application does matter.
"In terms of the relationship between the application of N based on GDDFP and % of protein content on the grain, a linear response of N delay application observed for grain protein concentration," Arnall writes. "Our results suggest that the later the application, the higher the protein % in the grains."
Arnall's experiment found that ALL Nitrogen could be delayed until hollow stem without yield Loss, and in fact, yields of trts with N applied at this time typically better than that of the pre-plant. It also found that protein content increased as N applications was delayed.
The conclusions of this and other studies support that N-Rich Strip concept does not increase risk of lost yield. Based on this study, Arnall advises producers to be "more concerned about applying N in an environment conducive to increased utilization and less about applying at the first sign of N stress."
Click here to read Arnall's complete blog post about this experiment for further information on how he came to these conclusions.
Oklahoma's Third District Congressman and Former House Ag Chair Frank Lucas endorsed Republican Candidate Kevin Stitt of Tulsa for Oklahoma's Governor race, in an announcement made Monday morning.
"We need a Governor that will work with President Trump to grow our state's economy and recruit businesses to our state during this rise in our national economy. Kevin's business experience and proven leadership make him the candidate for the job," Lucas stated. "As a fellow Oklahoman, father and Christian we cannot leave this election up to chance."
As a representative of mostly rural areas in the state, Lucas remarked that Stitt's willingness to hear the needs of rural Oklahoma along with those of the urban cities across Oklahoma is evidence of commitment to work across party lines to lead Oklahoma.
"When it comes to one of my true passions - agriculture, there is no doubt that Kevin Stitt will serve our state well in this regard," Lucas said.
Click here to read Lucas' complete statement announcing his endorsement or to check out Stitt's
plan for supporting Oklahoma's agriculture industry and rural communities.
As Oklahoma's largest John Deere dealer, P&K Equipment is proud to be your local expert source for equipment, parts, and service. As an Oklahoma-based, family-run company, the P&K network consists of 16 locations in Oklahoma, 2 locations in Arkansas, and 9 locations in Iowa. Our Oklahoma and agricultural roots run deep and our history spans over 30 years.
At P&K, we make it our mission to provide you with top-notch solutions and unbeatable customer service at a price you CAN afford. Visit pkequipment.com and you'll have it all at your fingertips: request a quote, schedule service, get a value for your trade, find current promotions, and shop for parts online. Stop by one of our locations today to meet the P&K team. You'll see why around here, John Deere starts with P&K.
Women in agriculture around the world, whether in developing or developed countries, say widespread gender discrimination persists and poses obstacles to their ability to help feed the world. A new study from Corteva Agriscience released Monday studies 17 nations to underscore the importance of women in agriculture and to identify barriers to their full and successful participation.
The study was released Monday in celebration of the International Day of Rural Women. The survey's findings reveal that although women are overwhelmingly proud to be in agriculture, they perceive gender discrimination as widespread, ranging from 78 percent in India to 52 percent in the United States. Only half say they are equally successful as their male counterparts; 42 percent say they have the same opportunities as their male counterparts, and only 38 percent say they are empowered to make decisions about how income is used in farming and agriculture. 72 percent said it would take one to three decades or more to achieve full equality.
Key actions were identified to remove obstacles to equality, including training, education, support and public awareness.
For more details on this study from Corteva Agriscience, click or tap here.
A number of agricultural producers throughout Oklahoma should be taking steps to fill out and mail back a land tenure survey they received from Oklahoma State University and the Oklahoma Field Office of the National Agricultural Statistics Service.
Producers are encouraged to respond by Oct. 22 to ensure the most reliable information can be passed along relative to pasture rental rates, cropland rental rates and similar topics of interest that can affect an operation's potential profitability. Producers and landowners who received but did not mail back the 2018 Leasing Survey questionnaire by Oct. 22 should not be surprised to get a phone call from the Oklahoma Field Office of NASS.
"The land tenure survey is one example of many ways the cooperative partnership between NASS and OSU benefits Oklahoma producers and helps strengthen local and regional economies dependent on their agribusinesses," said Troy Marshall, NASS state statistician for Oklahoma. "Our goal is to make available the best information possible to those who need it. To do that, we need responses to our surveys."
For more information about how this survey helps in serving Oklahoma Ag Industry stakeholders like you, click here.
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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.
| P.S. From Brain Arnall - Some Friendly Advice on Prussic Acid and Cold Weather
It's not as chilly this morning as it was on Monday morning- but we did see temps around freezing or a little below in several locations in the northern parts of our state yesterday. As we get closer to mornings where the temp reaches 32 degrees or under- there will be concerns about prussic acid accumulation in sorghum. OSU's Brian Arnall provided us some main considerations producers should keep in mind about prussic acid as that time of the year has now arrived:
1. Prussic acid (HCN) is cumulated more in leaves than stems, and it will dissipate in approximately 7 days. Therefore, defer grazing for a week after hard freezing.
2. Sorghum-Sudan hybrids are most likely to show higher HCN concentrations than sorghum
3. You may cut, cure, and bale sorghum after a killing frost. The HCN levels in bales will be dissipated as a gas reducing the HCN content to safe levels
4. "Cyantesmo paper" is a qualitative method to measure prussic acid levels. This method allows a fast assessment of HCN in sorghum.
For more details, read the OSU factsheet on Prussic Acid Poisoning, available here.
|Last Call- OSU Presents 2018 Rural Economic Conference
The 2018 edition of the OSU Rural Economic Conference will be happening tomorrow- Wednesday, October 17th at the Conoco-Phillips Alumni Center on the campus of OSU in Stillwater.
Keynote speakers will be Nathan Kauffman, an economist and vice president of the Omaha branch of the Kansas City Federal Reserve Bank, and James MacDonald, the U.S. Department of Agriculture's chief of the USDA Economic Research Service's Structure, Technology and Productivity branch.
Kauffman will showcase how recent economic factors are driving the economic outlook of the U.S. farm sector, implications for farm finances and key risks to monitor in the months ahead.
MacDonald will be leading conference participants through an assessment of consolidation in agriculture over the last three decades, and discussing current and future challenges posed by rising concentration in certain agribusiness markets.
Also featured will be OSU agricultural economists Dave Shideler, Amy Hagerman, Rodney Jones, Kim Anderson and Derrell Peel. Topics covered by the OSU experts will include the state of Oklahoma's rural economy, federal and state changes in budgets and policy, agricultural finance areas of interest and overviews of the U.S. grain and livestock markets.
For info on attending the conference- click or tap here.
|Our thanks to Midwest Farms Shows, P & K Equipment, Livestock Exchange at the Oklahoma National Stockyards, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Oklahoma Pork Council, 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!
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