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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.
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:
Futures Wrap:
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
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Thursday, January 3, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update. |
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Featured Story:
2018 a Good Year for Beef Producers Says Michael Kelsey - But What's in Store for the New Year?
Executive Vice President of the Oklahoma Cattlemen's Association Michael Kelsey says the beef industry enjoyed a great year in 2018. In a recent conversation, he explained that one of the things that made 2018 such a great year for producers, was the strength of beef demand both here at home and abroad. "International and domestic demand for 2018, holistically, has been very good and that's very much to the benefit of our industry," he said. "We've got a product that people around the world like. We're competitive in that sense and of course with a dollar exchange rate in place - it's been favorable for us in that sense." Domestically, Kelsey says the demand situation is equally robust. He credits some of that strength in the marketplace to Trump Administration policies that once implemented, helped average Americans bolster their financial situations. "More people have more money in their pocket and they change what they eat and beef benefits from that," Kelsey remarked. "So, domestic demand has been really positive. We're hoping that carries forward obviously into 2019 and hopefully position ourselves for that to continue." With a new administration transitioning here in Oklahoma with Governor-elect Kevin Stitt taking the charge, along with dozens of new first-term state legislators, Kelsey is very excited for the opportunities that lie ahead, confident that the state's beef industry will continue to prosper under Oklahoma's new collective leadership. Listen to Kelsey and I speak about the strong demand for beef seen last year and the prospect of that strength continuing into 2019, on yesterday's Beef Buzz - click here.
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Sponsor Spotlight
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2018 Tulsa City Farm Show.
Up next will be the Oklahoma City's premier spring agricultural and ranching event with returns to the State Fair Park April 4-5-6, 2019.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2019 Oklahoma City Farm Show. To learn more about the Oklahoma City Farm Show, click here.
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Earlier this year, the state's Department of Agriculture funded a program that offered Oklahomans two different opportunities to drop off any unwanted pesticides they might have in their possession, to be properly disposed of - free of hassle and free of charge up to a certain limit. This program resulted in the combined disposal of just under 120,000 pounds of unwanted pesticides, according to ODAFF. Ryan Williams, ODAFF pesticide certification and training administrator, remarked on the success of this program emphasizing the negative environmental impact chemical disposal can have if not done right. "Protecting our environment and natural resources are of the utmost importance," he said. "Events like these ensure safe and proper disposal of unwanted pesticides preventing them from potentially polluting our environment."
Williams says planning for future events in 2019 has already begun. Learn more about this program and its success, by clicking here.
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In a recent interview with the folks at Certified Angus Beef, Nigel Gopie of IBM Food Trust, outlined how the beef industry is utilizing an emerging technology called, "Blockchain," to share information throughout the supply chain efficiently, securely and privately. "In the food industry in particular, there are a lot of concerns about food safety, food fraud, sustainability, and other hosts of concerns," Gopie said. "And part of how we can solve these issues is with trust and transparency. We believe that, with blockchain, we can bring light to problems that have plagued us for centuries." With Blockchain, Gopie says your data is held in secure environments and it's only shared when you want to share it. According to him, the program not only has the potential to help cattlemen from a logistics standpoint, but from beef demand and sustainability standpoints, too. To learn more about how Blockchain technology is being used in the beef industry, continue reading or watch a short video-clip of Gopie's interview, by clicking here.
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As part of its commitment to continuously improve its interaction with customers and the way business is done, Superior Livestock Auction has announced the launch of SLA-TV coming in 2019. This Dish channel will become the new home to all of Superior's live broadcast auctions moving forward, starting with its initial broadcast of Superior Livestock's Bellringer Auction. The Superior Weekly Offerings will now also be broadcast on SLA-TV and increase exposure for Superior Livestock Auction and their customers. For over 30 years Superior has focused their attention on helping livestock industry grow their business and reach. They introduced video auction broadcast to the livestock industry which forever changed the way that load lots of cattle are marketed. Superior has come a long way in video marketing and they are looking forward to the next step. According to a release, this move will give the company the independence that will allow them to continue to be innovative and to focus on what's best for the livestock industry. Superior is the largest livestock auction in the United States and markets well over one million head of cattle annually. With over 400 representatives located throughout the United States, Superior provides a complete national marketing network that serves both buyers and sellers. You can learn more about Superior and the launch of SLA-TV, by clicking over to the complete article on our website.
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Sponsor Spotlight
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 will have their annual Winter Policy Meeting at the Reed Conference Center in Midwest City on January 23rd- they will be reviewing bills that have been filed for the 2019 Oklahoma Legislative Session that could impact the beef cattle industry. You can learn more details and register by clicking here.
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.
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In November, Kelley Sullivan of Santa Rosa Ranch, had the chance to represent cattle producers at the U.S. International Trade Commission's hearing on the new U.S.-Mexico-Canada Agreement (USMCA), also known as NAFTA 2.0. On behalf of the members of the Texas and Southwestern Cattle Raisers Association, she penned this week a letter that describes some of what she shared with that commission - detailing how trade disruptions can effect real ranchers like her. This glimpse into the hardships that can come from geo-political strife, she hopes, will help politicians understand the consequences of their actions and strengthen their resolve to find amicable solutions to such problems when they can. "Trade has a tremendous impact on our state economy," she wrote. "In 2017, almost one-sixth of U.S. beef exports came from Texas. In the same year, Texas sent more than $317 million of those beef and beef products to Mexico. Nationwide, nearly one-quarter of beef exports are the result of NAFTA, which allows for cattle and beef to be freely traded between the U.S., Mexico and Canada. "Because of this robust trade relationship, we are happy to know there are no significant changes in the U.S.-Mexico-Canada Agreement that would raise tariffs, put quotas in place or put any other restrictive policies in place that could deter trade between our three countries.
"While the agreement has been signed by leaders from all three nations, it now must be approved by Congress. I encourage them to quickly ratify the updated agreement to ensure that we preserve the benefits that have been demonstrated on Texas ranches over the past 24 years."
Sullivan reiterates that the decisions our policy leaders make directly affect her bottom-line and her livelihood, like so many others. She insists the US must be intentional in keeping up its responsibility to maintain a competitive advantage in the marketplace whenever possible and urged Congress to ratify the USMCA.
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Last year, US beef exports set yet another record. In the most recent installment of our ongoing series, Checking In on the Beef Checkoff, Oklahoma Beef Council Executive Director Heather Buckmaster talked with us about the demand that foreign markets generate, the value they add back to the producer and the Checkoff's role in fostering that cycle of success. According to Buckmaster, the Beef Checkoff's efforts promoting US beef overseas added approximately $320 per head at fed slaughter in value back to Oklahoma beef producers' bottom line. In 2018 alone, the Oklahoma Beef Council helped fund multiple promotions in Japan. One such promotion was so successful in fact, it resulted in a major Japanese retailer permanently adding USDA Prime Chuck Eye Roll as a main item in their product line. You can hear Buckmaster's full recount of that promotion for more details about how your Beef Checkoff is working to drive more value back to the producer, by clicking here and listening to this week's interview.
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Want to Have the Latest Energy News Delivered to Your Inbox Daily?
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.
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In this week's Cow/Calf Corner, Dr. Glenn Selk suggests some study materials for producers to consider before calving season begins. According to him, one OSU Extension bulletin on calving management in particular was once regarded by an industry publication as an integral piece of equipment for producers during calving season. This circular and few others mentioned by Selk are free to download - which we've made easy for you with links to each one. Selk says these should all be recommended for reading and reviewing before each calving season - and that includes every member of the family and hired staff that will be involved with watching cows and heifers during the calving season.
For more of Selk's advice and his complete reading assignment, click here.
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Shutdown Notes- WASDE and Crop Reports in Jeopardy
The U.S. Department of Agriculture will decide on Friday whether to delay a slew of key crop reports scheduled for release on Jan. 11, USDA chief economist Robert Johansson told Reuters on Wednesday.
The USDA is one of several federal departments affected by the shutdown. If the government is still shut down on Friday, the USDA would delay the reports, Johansson said.
One of the reports that farmers in the southern plains always look to in January is the annual winter wheat seedings report- which will provide an acreage number of the hard red winter wheat crop that was planted starting back around Labor Day of 2018. The final Crop Production numbers for the 2018 growing season is also a staple of the January release timeframe. Both of those reports would eventually be released- but it's looking more and more likely that it won't be on the 11th.
The shutdown, which entered its 12th day on Wednesday, has already prompted the USDA to suspend daily and weekly export sales reports.
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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!
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.
God Bless! You can reach us at the following:
phone: 405-473-6144
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