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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.
OKC West ended up with 9,836 head of cattle this week- the Wednesday yearling market ended up mostly steady- click or tap here for the complete report from USDA for this week's OKC West Market.
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 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
Thursday, January 31, 2019
Chuck Coffey of Springer, OK Steps into Chairman's Role to Lead the Cattlemen's Beef Board
Chuck Coffey is a fifth-generation rancher from Springer, Okla. For the past year he has served as vice chairman of the Cattlemen's Beef Board Executive Committee as well as a member of the Checkoff's Operating Committee.
This year, Coffey will rotate into the role of Chairman. He talked with us on location in New Orleans yesterday about the things he is most excited for in regard to the year ahead as Chairman.
Among a long list of things - Coffey highlighted two in particular. That being the Checkoff's Return on Investment Study that will begin this year. The previous one conducted a few years ago, showed the ROI for every Checkoff dollar spent came back to the industry at $11.20.
In addition, Coffey is also excited to lead the CBB's renewed focus on producer communications, an area that he says needs attention, because producers aren't realizing all that the Checkoff does - which is not good considering producers are the drivers behind the program.
These projects and others will all be presented on this week by Checkoff contractors, who will offer progress reports since receiving funding this past fall.
Listen to Coffey speak with me more about these projects and others, by clicking or tapping here. Special thanks, too, to our sponsors of this coverage being powered by Corteva Agriscience, your partner and pasture and range productivity.
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.
In talking with Don Close of Rabo Agrifinance on Tuesday- he was certain that we would not see a USDA Cattle Inventory report this week- and based on a check of the USDA NASS calendar on Wednesday morning- he is right- USDA has removed the Cattle Inventory report from the USDA calendar for January 31st- tomorrow- and in checking February- it is nowhere to be found at this point.
Close talked about the missed January Cattle on Feed Report and now missing Cattle Inventory Report that are casualties of the Partial Government Shutdown that ended this past Friday. Close tells us that we have had "soft data" that helps us calculate some of the missing information that would have been supplied this past Friday by USDA in the January Cattle on Feed Report. USDA missed the January 25th report- but has the February report currently listed on the NASS calendar to be released February 22nd.
As for the Cattle Inventory report- Close believes that it will take at least a couple of weeks for USDA to assemble the data that makes up that report- longer than that if they had not gotten requests for information out before the just concluded government shutdown was put in place.
He does believe that once that report comes out- whenever that may be- that it will be showing a slight expansion of the US Beef Cow herd as of January 1, 2019. The January 1, 2018 Beef Cow count was 31.7 million head. "I'm in the camp that I believe we have continued to expand. I believe it will be very very shallow...for the first half of 2018, we were continuing to see female retention." He adds that in the third and fourth quarters of 2018- the herd was being reduced to a limited degree. Close adds "when you go back and look at the cow data annualized- the heifer placements annualized- I'm in the camp of expansion."
He adds that his thoughts have always been a top end at this time for the US beef cow herd will be around 32 to 32.5 million head- and it may be the start of 2020 or even 2021 before we get to those levels.
You can listen to our complete conversation on yesterday's Beef Buzz - click here.
|Foreign Ag Service of USDA Announces Plan to Catch Up on Export Reporting
Due to the recent lapse in federal funding, the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) has not published a weekly export sales report since December 20, 2018. FAS has resumed daily reporting of export sales and will implement the following schedule to bring weekly reporting up to date:
The report for the week ending December 20, 2018 will be published Thursday, January 31, 2019.
The report for the week ending December 27, 2018, will be published February 7, 2019.
The report for the week ending January 3, 2019, which will include the marketing year changeover figures for hides and skins, wet blues, pork and beef, will be published February 14, 2019.
A combined report for the weeks ending January 10- February 14, 2019, will be published on February 22, 2019.
The regular reporting schedule will resume for the week ending February 22, 2019.
Kansas Cattleman Jerry Bohn Nominated as NCBA Vice President, Shares Concerns for Government's Impact on Beef Industry
Jerry Bohn of Kansas, has been involved in the cattle industry and legislative affairs for a long time. Most recently, he has served as NCBA's policy chairman. This year, he has made a natural move for someone with his background and experience. We learned yesterday that Bohn has been nominated this year to serve as NCBA Vice President.
Given the level of involvement this role requires in areas of advocacy and politics, Bohn's experience with NCBA policy and structure makes him a worthy contender.
He took time to speak with us yesterday about his decision to seek a position on the NCBA officer team, explaining that since recently retiring from his job managing a feeding operation, he has the time now to devote back to the industry and give back to the community that has given him and his family so much.
Listen to Bohn talk about what his service to the cattle industry means to him and the experience he has gained as Policy Chairman, by clicking or tapping 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.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma 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.
|Register Now for OSU's Grape Management Course, Monthly Classes Set for This March - September
Do you have a small acreage and are wondering what to do with it? For those who have considered growing grapes, or those who already do so but would like more information, you are in luck.
Oklahoma State University is once again hosting the 2019 Grape Management Course to persons interested in the grape-growing industry. Set to begin March 7 and continue one Thursday per month through September, this course is a great place to learn the ins and outs of grape production and management, said Becky Carroll, OSU Cooperative Extension associate specialist, fruit and pecans.
"When we think of crops in Oklahoma, people typically think of wheat, cotton or soybeans, but the grape industry continues to gain popularity as an agriculture crop in our state," Carroll said. "We've been offering this course for 18 years, so it's apparent there are people interested in this small-fruit opportunity."
For all the details about the Grape Management series- click or tap here.
Corteva Unveils New Pasture Herbicide DuraCor at NCBA Trade Show in New Orleans
With the cattle industry's largest gathering - the Cattle Industry Convention and NCBA Trade Show - as a backdrop, Corteva Agriscience™, Agriculture Division of DowDuPont, unveiled DuraCor™ herbicide as its newest anticipated broadleaf weed control product for pastures and rangeland.
After that presentation in the Trade Show, I talked with Jillian Schmiedt, Category Lead for Range and Pasture for Corteva, about this brand new herbicide.
Following last fall's submission of DuraCor to the U.S. Environmental Protection Agency (EPA), this announcement marks the next step in bringing ranchers and land managers the first new active ingredient for pastures and rangeland in nearly 15 years.
"Cattlemen are focused on managing costs, yet keep an eye on increasing productivity," says Damon Palmer, Pasture and Land Management Leader at Corteva Agriscience. "Effective weed control on grazing land can help on both fronts."
Pending EPA registration, DuraCor will provide cattle producers a broader-spectrum weed control product, compared with current market standards.
Click or tap here to read more (and to listen to my visit with Jillian) about this new herbicide coming out of the pipeline- likely to be available to producers in 2020.
|Global Feed Production Climbs Three Percent in 2018
The Alltech Global Feed Survey came out this week and showed that international feed tonnage grew by three percent in 2018. The total of 1.103 billion metric tons topped the 1 billion-mark for a third-straight year. The eighth annual survey covers 144 countries and 30,000 feed mills. The global feed industry is 14 percent larger than it was five years ago.
The eight biggest producers include China, the United States, Brazil, Russia, India, Mexico, Spain, and Turkey. Together, these eight produce more than half of the world's feed production and contain 59 percent of the world's feed mills. Predominant growth came from the layer, broiler, and dairy feed sectors.
Specific region results show that North America saw steady growth of more than two percent last year, with beef and broilers leading the growth at three percent each. The U.S. remained the second-largest feed producer in the world, behind only China. North America has the lowest feed prices in the world across all species.
Elsewhere, Latin America was relatively stagnant last year while the European Union grew four percent. Africa continued a strong growth pattern with a five percent increase in feed production.
Read more about the Alltech Survey by clicking or tapping here for our complete story found on our website.
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