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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.
327 head of cattle on their showlist for the Wednesday,
February 13th sale of finished cattle - click here
to jump to the website.
The Oklahoma National Stockyards had an estimated 6,300 cattle on Monday- Feeder steers mostly 1.00-3.00 higher, over 700 lbs. steady to 1.00 lower. Feeder heifers steady to 2.00 higher. Steer calves steady to 2.00 higher. Heifer calves 2.00-3.00 higher. Click or tap here for the complete report from USDA Market News.
OKC West sold slaughter cows Steady to $2 higher and slaughter bulls 5.00-6.00 higher on Monday compared to the last sale - click or tap here for the full report from USDA.
Mud was a problem in the Joplin Regional Stockyards trade area on Monday- 3,956 were on hand as Steer Calves traded steady to 3.00 higher- click or tap here for the complete report.
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, February 12, 2019
Blayne Arthur a Step Closer to Becoming Secretary of Ag, Senate Ag Committee Offers Its Vote of Confidence
There was no hesitation on the part of Oklahoma's State Senate Committee on Agriculture Monday morning in Oklahoma City, in confirming the nomination of Blayne Arthur as Oklahoma's next Secretary of Agriculture.
The committee, chaired by State Senator Casey Murdock voted in the affirmative 12-0 on two separate motions to consent in Arthur's appointment by the Stitt Administration to the cabinet position of State Secretary of Agriculture and to serve as a member of the State Board of Agriculture.
The former Deputy Commissioner of ODAFF must wait now for a few days until the full State Senate votes to officially confirm her nomination. Arthur said after the vote, that she is thankful for the vote of confidence by the members of the Senate Ag Committee and will hope for the best as the process moves forward.
Click here to listen to Arthur's reaction to the vote's result, as well as comments from Chairman Murdock.
Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas.
We appreciate Stillwater Milling Company's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.
2018 US Beef Export Sales Set to Break Record with an Estimated $8.5 Billion of Total Product Sold
Delayed by the government shutdown, the US Department of Agriculture just last week released the November 2018 beef export numbers compiled by the US Meat Export Federation. The report indicates that US beef exports for 2018 have already surpassed the previous record set in 2017 of $7.27 billion worth of product sold, at $7.63 billion between January and November 2018. According to USMEF President and CEO Dan Halstrom, the December numbers will soon be released and when they are, we will all see how remarkable 2018 was for the beef export business.
"If you were to look six or seven months ago... no one would have estimated it would have turned out as well as it is. We're forecasting we'll be at all of $8.5 billion in global exports of beef and beef variety meats in 2018 which will by far be a new record," he said. "But, I think the thing that's interesting about it is - it's really broad-based."
Halstrom explains that no one area of the world is solely responsible for the significant growth that is being observed in the global beef market. Rather, he says, developed and developing nations alike are seeing increases in their beef per capita consumption. Though this can be said about countries around the world like Singapore and Japan - which continues to present incredible growth opportunity for the US despite concerns of increased competition in that market due to the Trans-Pacific Partnership coming into effect - and entire regions such as Central and South America; Halstrom says South Korea has really been the shining star.
"I think what you are seeing there is a combination of increased beef per capita consumption, declining self-sufficiency and a free trade agreement that works well," Halstrom remarked. "Add it all up, it makes for a growth of 45 percent. It's really a testament to the work of the Beef Checkoff dollars, US government dollars and a team effort from the industry to really reassure the Korean consumer of the safety and more importantly, the taste of US beef."
Listen to Halstrom and I discuss the record pace of US beef exports in 2018 further, on yesterday's Beef Buzz - click here.
|Peanut Expo Set for Next Month in Weatherford
The 2019 Oklahoma Peanut EXPO will be held March 14 at the Business Enterprise Center on the campus of Southwestern Oklahoma State University in Weatherford. Attendees will hear from a group of peanut experts who will provide updates on everything from variety and market type selection to marketing and industry outlook.
"It's a great opportunity to learn from and speak with leading experts in the field and to interact with other peanut producers and industry members," said Ron Sholar, Executive Director of the Oklahoma Peanut Commission. "This will be the premier peanut education and training event in the region for 2019."
Oklahoma Peanut EXPO is a joint effort of the Oklahoma Peanut Commission, Oklahoma State University's Division of Agricultural Sciences and Natural Resources, USDA Agricultural Research Service, the National Peanut Board, and partners in the peanut industry. Lunch is provided by meeting sponsors from industry and there is no cost to attend.
More details about the March 14th meeting are available by clicking or tapping here.
While corn and soybean-based feedstuffs remain in fairly ample supply and are perhaps key in keeping ration costs moderated currently, OSU's Derrell Peel says forage supplies on the other hand are becoming fairly scarce. Based off USDA's recent batch of reports, hay production has been difficult to assess the past year, perhaps nowhere more so than in the southern plains with its variable growing conditions in 2018. Total U.S. hay production was down 3.4 percent compared to 2017, a common thread shared individually between Oklahoma and its surrounding neighbor states.
U.S. hay stocks on December 1 were down 6.4 percent year over year. In the southern plains, conditions are variable ranging from Oklahoma, 3.3 percent lower stocks compared to one year earlier and Kansas, down 4.4 percent year over year to Texas, down 29.7 percent; Arkansas, down 19.5 percent and Missouri, down 17.6 percent year over year. Overall, these five states had December 1 hay stocks totals down 16.0 percent compared to one year ago.
Around Oklahoma, Peel reports anecdotally that some producers are concerned about having adequate hay supplies for the winter and are finding, in many cases, that hay is in tight hands and, if available to purchase at all, is increasingly expensive. Click here
to read more about the current feed and forage conditions this winter in Peel's full analysis of the situation.
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected. Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
Director of the White House Office of National Drug Control Policy (ONDCP) Jim Carroll announced Anne Hazlett as the office's Senior Adviser for Rural Affairs.
Hazlett has served as the Assistant to the Secretary for Rural Development at the U.S. Department of Agriculture (USDA) since June 2017. In her new role at ONDCP, Hazlett will help shape policy aimed at improving the quality of life in rural America, coordinate interagency efforts on drug control activity impacting rural communities, and build coalitions and grassroots strategies in these areas centered on prevention, treatment and recovery.
Because of Hazlett's departure, Secretary Perdue named Joel Baxley, USDA's Administrator of the Rural Housing Service (RHS), as Acting Assistant to the Secretary for Rural Development.
Read more about this move by Hazlett by clicking or tapping here.
Ongoing Trade Tensions between the U.S. and China Creating Uncertainty in the World Economy and Global Cotton Market
At the National Cotton Council's 2019 Annual Meeting in San Antonio, Texas, NCC Vice President of Economics & Policy Analysis Dr. Jody Campiche reported on a few key factors that she believes will shape the US cotton industry's 2019 economic outlook. In her analysis, Campiche projects the 2019 US cotton acreage to be 14.5 million acres, 2.9 percent more than 2018. She also projects overall abandonment will be lower in 2019. Totaled, she predicts growers will generate a cotton crop of approximately 22.7 million bales, with 21.9 million upland bales and 782,000 extra-long staple bales. Based on her calculations, US cottonseed production will increase to 7.0 million tons in 2019.
With increased competition in the global market, Campiche notes that domestic mill cotton use is on the rise, thanks to new investment from within the industry. She says that export demand will continue to be a critical component to the health of the industry - especially now since trade relations have become tense for the US which has attracted the attention of foreign competitors. Despite the decline, the US will remain the largest exporter of cotton in 2018. U.S. exports are projected to reach 15.0 million bales in the 2018 marketing year.
In addition, Campiche says world production is estimated to increase by 7.0 million bales in 2019 to 125.5 million bales, which would be the highest level since the 2011 crop. Based on the underlying assumptions and resulting cotton balance sheet, Campiche anticipates a more bearish tone for cotton prices in the coming year.
More details of the economic presentation by Dr. Jody Campiche to the National Cotton Council annual meeting can be seen by clicking or tapping here
Large Crowd Expected for 2019 AFR/OFU Convention This Weekend
A large crowd of Oklahoma agricultural producers and business owners are expected to attend the 114th annual convention of the Oklahoma Farmers Union and American Farmers & Ranchers, Feb. 15-17, at the Embassy Suites Hotel, Norman, Okla.
One of the reasons for the expected large turnout is the election of directors and officer positions. This year voting delegates will elect a new president to lead the AFR/OFU Cooperative. In addition, there are three board positions to be decided.
Long time President of the AFR, Terry Detrick of Ames, is retiring at the end of this year's meeting- there will be a tribute paid to Detrick for his years of service to the organization and to Oklahoma and US Agriculture.
Click or tap here for more on the 2019 AFR Convention that kicks off this coming Friday.
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