|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 has a total of 255 cattle on their showlist for the Wednesday, December 19th sale of finished cattle- details will be available after noon today by clicking here.
sold steer and heifer calves for 3.00 - 6.00 higher on than a week ago on Tuesday - Click or tap here
for the complete report from 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
Wednesday, December 19, 2018
An updated study shows one in every five bushels of added feed demand for corn is due to beef and pork exports. The study, commissioned by the U.S. Meat Export Federation and conducted by an agricultural consulting firm, seeks to quantify the value delivered to U.S. corn producers through exports of red meat.
The original 2016 study showed that 2015 exports of U.S. red meat accounted for 11.7 million tons of combined corn and Dried Distillers Grains with Solubles use. The updated 2018 survey found beef and pork exports will use a combined total of 14.9 million tons of corn and DDGS, which equates to an additional 459.7 million bushels of corn produced, an increase of 29 percent over the 2015 projections.
The study also found that about 11 percent of the price of corn this year will be derived from red meat exports.
Click here for more highlights or to review the report in its entirety.
It's great to have the Livestock Exchange at the Oklahoma National Stockyards as a sponsor for our daily email. The eight Commission firms at the Stockyards make up the exchange- and they are committed to work hard to get you top dollar when you consign your cattle with them. They will present your cattle to the buyers gathered each Monday or Tuesday at one of the largest stocker and feeder cattle auctions in the world.
Click here for a complete list of the Commission firms that make up the Livestock Exchange at the Oklahoma National Stockyards- still the best place to sell your cattle- and at the heart of Stockyards City, where you can go around the corner enjoy a great steak and shop for the very best in western wear.
Oklahoma Congressman Tom Cole, has released an opinion piece talking about the passage of the 2018 Farm Bill Conference Report- saying that the legislation is "vital to the success of our nation's farmers and ranchers," and that "agriculture is truly at the heart of our state's commerce."
Complimentary of his peers in the House and Senate for passing their individual drafts of the bill earlier this summer, Cole says he is proud that the resulting agreement continued to build on the framework of the 2014 Farm Bill that was guided by Oklahoma's own Frank Lucas, who he notes, again played a key role in crafting the most recent legislation. Cole expressed confidence, in particular regard to both the Bill's crop insurance provisions as well as its preservation of conservation programs.
"While the reauthorization of securities for producers promotes a thriving agricultural sector, American families and consumers are also better off when certainty is provided to our food growers and producers," he said. "I am pleased that the 2018 Farm Bill delivers on just that."
Read Cole's full remarks, by clicking here
to jump to the original article.
Watcher Derrell Peel Reviews this Fall Run of Calves as We Close Out 2018 and Look to 2019
It has been a strange year to say the least, according to Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel referring to the cattle market here in Oklahoma and across the Southern Plains. In a recent conversation reflecting on this year, he discussed that notion and the factors that contributed to this viewpoint.
"The overall theme is about what you would expect. It's up about five percent from a year ago," Peel said, citing cattle market trends that he has observed this past fall. "But, what's been interesting is the week to week variation in that. We didn't get the normal peaks and auction volume that happens typically before Thanksgiving."
Prior to that period in October, we did get some large volumes he says, but then wet, sloppy weather caused the marketing of cattle to slow down. However, since that time, Peel notes that markets picked up the pace and more or less caught up to where they should have been. A good illustration of the market dynamic that has been seen can be shown just over the past couple weeks. One week ago, the Oklahoma National Stockyards reported just 3,900 head sold. This week, their reported total was nearly triple that at approximately 9,000 head sold. Peel says that bodes well for the industry, comparing the activity to that of feedlots in being current with its inventory - attempting to explain that the markets have been able to get through the typical fall run of cattle despite the delays caused by the wet weather. He adds, that while the wetness bogged things down a bit, they were actually beneficial in another way - helping to establish ample wheat pastures across the plains which have in turn fostered a promising environment for stockers who have probably bought more calves than they had originally intended and later than intended as well to take advantage of the available pasture.
"So, there was lots of demand that was pushed off kind of a bit later even though we've had these big volumes, particularly since Thanksgiving," he said. "We've continued to see this market hold pretty strong though that time period. So, I think we're in pretty good shape going forward into this next year."
Listen to Peel and I discuss the current market situation here at the close of 2018 and his expectations for the coming year, on this edition of the Beef Buzz - click here.
Farm Bureau Leaders Zippy Duvall and Jeff Aiken Call Attention to New Clean Water Rule's Strengths
According to American Farm Bureau Federation
President Zippy Duvall, the newly proposed Clean Water Rule would empower America's farmers and ranchers to protect the nation's water resources and provide much-needed regulatory clarity to guide those stewardship efforts. Duvall gave that opinion, yesterday, during an agricultural stakeholder meeting in Tennessee where both Acting Environmental Protection Agency Administrator Andrew Wheeler and Agriculture Secretary Sonny Perdue were present.
Duvall said farmers and ranchers are committed to protecting America's waterways and drinking water, and the new Clean Water Rule will provide them the regulatory certainty they need to farm confidently with those natural resources in mind. Duvall's comments were echoed by Tennessee Farm Bureau President Jeff Aiken, who hosted the event and stated that farmers from across Tennessee and surrounding states were excited about the proposed rule, which he said, "will provide clarity to farmers and allow them to continue to be good stewards of the land and environment."
For more information about the newly proposed Clean Water Rule - click or tap here.
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.
In this week's Cow Calf Corner newsletter OSU's Glenn Selk encouraged producers to take advantage of the nice December weather we've been having and use that time to prepare for spring calving season. Now, he says, is a good time to check the pens, calving stalls and the equipment that will be used in February and March. Do a "walk through" of pens, chutes, and calving stalls he says.
"Make sure that all calving pens or stalls are clean, dry, strong, safe and functioning correctly," Selk advises. "Now is an excellent chance to clear out the items that are in the way and not needed for assisting the cow or heifer in labor. This is much easier to do on a sunny afternoon than on a cold dark night when you need them in a hurry."
In addition, Selk recommends, stocking up on colostrum or colostrum replacers. Commercial colostrum replacers should contain 100 grams or more of immunoglobulin per dose, Selk says. For more of his expert advice, click over to our website
to read his full article.
Deere & Company announced Tuesday its plans to launch the Startup Collaborator program in its Intelligent Solutions Group. Designed to enhance and deepen its interaction with startup companies, this program will add value for John Deere customers who will be able to take advantage of new and emerging technologies being developed by the partnerships forged within the Startup Collaborator.
According to a release, the Startup Collaborator will provide flexibility for Deere and startup companies to test innovative technologies with customers and dealers without formal business relationships. Startups will also gain affiliation with and mentoring from a world leader in precision agriculture.
Three leading startups that are currently actively engaged in agricultural innovation, have already joined the program. Those startups include: Bear Flag Robotics; Hello Tractor; and Taranis.
Learn more about this program and these startup companies and what they do, by clicking here
| FDA Reports Antibiotic Use in Animal Agriculture Continues to Decline
Sales of medically important antibiotics for use in food animals are down by 41 percent in two years as part of the FDA's campaign to preserve the efficacy of antibiotics. "We hope this downward trend will continue," said FDA Commissioner Scott Gottlieb on Tuesday. "These reductions are an indication that our ongoing efforts to support antimicrobial stewardship are having a significant impact."
FDA has released a report that shows:
Domestic sales and distribution of medically important antimicrobials approved for use in foodproducing animals:
- decreased by 33% from 2016 through 2017.
- decreased by 43% from 2015 (the year of peak sales) through 2017.
- decreased by 28% from 2009 (the first year of reported sales) through 2017.
- Tetracyclines, which represent the largest volume of these domestic sales (3,535,701 kg in 2017), decreased by 40% from 2016 through 2017.
Click here for the statement released on Tuesday by FDA from Scott Gottlieb and click or tap here for the complete report found on the FDA website.
|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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