|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.
FedCattleExchange.com offered 219 head total with all 219 head selling on Wednesday's sale. Click here to see their complete market results.
sold feeder steers mostly 8.00-10.00 lower and feeder heifers 3.00-5.00 lower on Wednesday- click or tap here
to read the full report from USDA Market News.
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:
This report was not issued yesterday due to the memorial services for former President George H. W. Bush. Here is the last reported Daily Oklahoma Cash Grain Prices
- as reported by the Oklahoma Dept. of Agriculture on Tuesday, December 4th.
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
Thursday, December 6, 2018
| Featured Story: 25th Annual Tulsa Farm Show Opens This Morning at 9 AM for a Three Day Run
From it's start, the Tulsa Farm Show has been a totally indoor event- in what is called today the River Spirit Expo Center at the Tulsa State Fairgrounds. It has grown tremendously over the years, starting with 70 vendors in year one to almost 400 exhibitors here in 2018. One thing that has never changed- it has always been a free event- admission and parking are free.
This year- it could be interesting on the final day of the show, with a significant snow event bearing down on much of Oklahoma and the southern plains.
The weather will be seasonal and dry today- colder on Friday with limited chances of precip on Friday but then snow expected overnight Friday- some ice and then snow all day Saturday.
As a result- you may want to make your plans to come on and join the fun today and tomorrow at the Tulsa Farm Show.
Once again- lots of good things are planned daily- including:
- Craig Cameron's Horsemanship Clinics
- Livestock equipment demonstrations
- Live Music from Rusty Rierson
On Friday only:
- Livestock Handling Skills Scholarship Competition
- Oklahoma Youth Scholarship Benefit Auction
The Oklahoma Farm Report and Radio Oklahoma Ag Network is once again on hand to greet you and say howdy- Ron Hays and Tim West
will be around Thursday and Friday to greet you and talk about the agricultural news of the day- and also tell you more about how we can help your 2019 be successful if you need to get your message out to Rural Oklahoma.
We are once again right by the doors at the middle of the upper level- right by the BIG Tulsa Driller- our booth number is 998.
Several of our Daily Email Sponsors are also here at the show once again in 2018- of course Midwest Farm Shows- the owner of the Tulsa Farm Show- is our longest running sponsor of this daily email- they were the first ones to support these daily writings and we are proud they have been on board ever since!!!
Among our other sponsors- here's a list and their booth numbers- be sure and stop by- check out their latest services and goods- and say thanks for their support of our efforts to report the latest farm and ranch news.
National Livestock Credit- 519
National Livestock Commission- 641
Oklahoma Cattlemen's Association- 639
Oklahoma Ag Credit- 141
Oklahoma Farm Bureau- 2805 (they are in the lower level- tight next to where Rusty Rierson performs)
P&K Equipment- 910
Stillwater Milling- 824
Come by and say howdy- we look forward to visiting with lots of folks at this year's Tulsa Farm Show!
The Oklahoma Pork Council is a producer organization representing the interests all of pork producers throughout Oklahoma.
Pork Famers in Oklahoma recognize our obligation to build and maintain the trust of customers and the public in our products and our practices. To promote confidence in what we do and how we do it, we affirm the following ethical principles: food safety, animal Safety, environment, public health, employee care and the communities in which we operate.
Click here to learn more about the Oklahoma Pork Council.
As part of a larger inter-Agency collaboration, the EPA and USDA encouraged state co-regulators this week, to increase their engagement and reinvigorate cooperative state, tribal, and federal efforts to reduce excess nutrients in waterways. In a letter, release Wednesday, the agencies suggested that stakeholders focus on collaborative, market-based approaches. According to EPA Office of Water Assistant Administrator David Ross, working-relationships like those described have helped significantly in reducing excess nutrients in some watersheds. He says it is now time to build on that success and leverage the market-based and other collaborative approaches to deliver meaningful results across the country.
Touting the success of voluntary conservation programs, USDA Under Secretary for Farm Production and Conservation mission area Bill Northey remarked that farmers lead the way in efforts to improve water quality, but acknowledged the fact that more can be done- promising to continue to pursue innovative, market-based, and voluntary approaches that lead to cleaner water and a healthier agricultural sector.
For more information, click here to review the original story on our website.
|Cevin Jones of Idaho was recently elected to serve as Chairman-elect for the United States Meat Export Federation at the organization's business meeting held earlier this year on the West Coast. According to him, the mood of the ship so to speak, especially for beef exports, is fairly strong currently. He talked in depth about the current global export situation for US meat products in Kansas City last month with our own Carson Horn.
"In spite of all the trade rhetoric that's going on and retaliatory tariffs, etc., etc. - it's been a pretty good year. Especially for beef. Pork is holding its own, but for the beef sector, we've got a really good story to tell. Looks like we're going to top $8 billion in exports," Jones said enthusiastically. "That equates back to about $320 per head for producers."
The numbers that have been reported by the USMEF show that beef exports have actually been performing at record levels in recent days. Jones says the general outlook for next year looks promising as well, though he admits there are some geo-political issues that need to be worked out between the US government and a few of our more prominent international trading partners. If those issues are resolved, he says the US should be able to take advantage of and enjoy the US export market's full potential. Obviously, settling the US-China Trade War is on that list, but Jones also mentioned certain priorities he would like to see the administration focus on - such as a bilateral trade agreement with Japan to offset the competitive edge that TPP-member nations will have over the US. In the meantime, though, Jones says the US has a great story unfolding in Central and South America where business is still booming - even in Mexico where tariffs have been levied on US pork.
"Both are seeing big increases down there for pork products," he said. "We're going to add probably three or four more people down there in South America to help promote pork and beef throughout the continent. So, I think we'll continue to see good growth in all those markets. We just need access."
Listen to Jones and Horn discuss US trade relations and how US meat exports are performing this year, on yesterday's Beef Buzz - click here.
Average grain elevator margins are expected to be relatively normal this year for most of the Midwest. However, according to a new report from CoBank's Knowledge Exchange Division, elevators should be cautious about the outlook, as several variables like trade, logistics, and export competitor production will be major factors impacting margins going forward.
"Overall, soybean basis appreciation will face resistance over the next year," said Will Secor, grain and farm supply economist with CoBank. "Ample supplies and weak demand will continue to hobble the market. With farmers looking to store soybeans and elevators wanting to own bushels at harvest, there is a risk that elevators will narrow the harvest basis to gain ownership on the farmers' remaining unsold bushels"
Secor said this basis-ownership tightrope walk is not new for elevators, but the risk is enhanced this year for soybeans, while the basis will likely strengthen for corn and wheat. It is unclear how much basis appreciation soybeans will see amid weak demand and a record crop.
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.
Each year commercial cow/calf operations must decide how many replacement heifers are grown out to be put in the breeding pasture. Individual ranches must make the decisions about heifer retention based upon factors that directly affect their bottom-line. Stocking rates may have changed over time due to increases in cow size. Droughts have caused herd sizes to fluctuate over time. In his article for this week's Cow/Calf Corner newsletter, OSU's Glenn Selk, offers his advice to help producers make these considerations.
"As a starting place in the effort to answer this question, it is important to look at the 'average' cow herd to understand how many cows are in each age category," Selk writes. "Next, we must predict the percentage of heifers that enter a breeding season that will become pregnant. The prediction is made primarily upon the nutritional growing program that the heifers receive between weaning and breeding. The rate at which heifers are grown between weaning and breeding will vary depending on the size of the operation, the land resources available, and the selection criteria desired by the cattle owner.
"This discussion is meant to be a STARTING PLACE in the decision to determine the number of heifers needed for replacements. Ranchers must keep in mind the over-riding need to understand what forage base resources that they have available to them. If forage resources are already in consistently short supply, maintaining or increasing herd size may be counter-productive."
Read Selk's complete article for more of his advice on how to determine the appropriate number of heifers to retain, by clicking here.
Our own Carson Horn recently caught up with Kent Brown, senior product manager for Kubota Manufacturing Company, to talk about Kubota's line of midsize tractors. According to Brown, Kubota offers farmers and ranchers the reliability they need and depend on to keep their operations running efficiently, when it comes to making their equipment decisions.
Brown says Kubota offers a diverse line of tractors that will fit any producer's needs starting from the M5 series tractors, with about 85 horsepower, all the way up to our M7 series tractors that top out at about 170 engine horsepower. For even more advanced performance, Brown says Kubota is proud to offer its larger machines - part of the M6 and M7 series. Recently, though, he says interest has been sparked in the M6, which has steadily been gaining popularity. The most important thing to do, though, when trying to figure out which model is best suited to your needs, is to speak with your local dealer. Brown says they are there to help you make those decisions. Regardless of what you ultimately choose, though, he says you will end up with a quality machine.
"We have a quality product - one that we design, we engineer, we manufacture, and our dealers sell it. We don't rely on other companies to produce tractors for us," he said. "So, we control the quality from beginning to end and since Kubota came to the market in 1969 until today - we still hold a reputation for quality and that's really what built us."
Learn more about Kubota and its line of quality tractors that are built to suit any farmer or rancher's needs, by clicking here to listen to Carson's complete conversation with Kent Brown.
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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.
Checking In on the Beef Checkoff - OK Beef Council Finds Value in Five-State Digital Campaign
For the fourth consecutive year, the Oklahoma Beef Council is participating in the Five-State Digital Marketing Campaign for beef, through the Federation of State Beef Councils. According to OBC Executive Director Heather Buckmaster, this is a great opportunity that allows state beef councils to come together to pool their resources and drive beef demand promotions in states where key population centers reside.
Altogether, the campaign, which targets 100 million consumers in five different states, has so far generated over 4.8 million views of beef industry content and 814,000 positive impressions that have resulted in 77,000 consumers visiting the Beef. It's What's for Dinner website.
Buckmaster says that as a state that with more cattle than people, representing less than 1.2 percent of the US population - such programs like this are a wonderful way to help stretch Checkoff dollars and truly reach consumers where they are.
To learn more about this campaign or to hear Buckmaster and I's full discussion over it, click 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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