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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
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|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Monday, February 18, 2019
It's President's Day- Federal Govt, Wall Street and Ag Futures all off today- Ag Futures Resume This Evening with Regular Overnight Trade
| Featured Story: Scott Blubaugh Elected President of the AFR/OFU Farm Organization for a ThreeYear Term
Over 900 delegates took part in the elections at the 2019 American Farmers and Ranchers/Oklahoma Farmers Union convention Friday and Saturday, February 15 and 16 in Norman. The marquee contest was the office of President of the Farm Organization, after word came in 2018 that incumbent Terry Detrick would not seek reelection in 2019.
Several explored the idea of running for the open position- and two decided to put their name up to a vote of the group's delegates. On Saturday afternoon- the election results were announced- and Kay County Rancher Scott Blubaugh was declared the winner with over 500 delegates voting for him- the delegates present at the Saturday afternoon general session quickly seated Blubaugh as President of the Farm Organization and he was presented the gavel by outgoing President Terry Detrick to make the start of a three year term official.
Right after the announcement, I spoke with the new President, who told him that "Our tradition that we have had here of developing the youth...supporting and being the voice for family farms across the state of Oklahoma for 114 years - I want to continue those traditions and build upon that."
Click or tap here to listen to our visit with Scott Blubaugh at the 2019 Convention from Saturday afternoon.
ALSO- we say congrats to the three Board members who were elected to oversee both the Farm Organization and the Insurance Company- Mason Mungle reelected for a three year term as a Statewide Independent Director, Jim Shelton of Vinita winning back a seat on the Board from Northeastern Oklahoma and Dustin Tackett of Fort Cobb grabbing a seat on the board to represent interests in southwestern Oklahoma.
Several observers suggested a strong message was sent by the delegates of support for the Farm Organization in all of the races decided during the 2019 Convention.
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Decades of Service At AFR End for Terry Detrick- Who Looks Forward to the Next Opportunity to Serve Okla Agriculture
After serving the American Farmers & Ranchers and Oklahoma Farmers Union for over thirty years, outgoing President Terry Detrick has handed the gavel over to the new President of the farm organization, Scott Blubaugh of Kay County.
After the his final session serving as President, I sat down with Terry and reflected with him about his time in the leadership of the general farm organization, an earlier Presidency as National Association Wheat Growers, his start in farming in the 1980s and how that resulted in his multi decade involvement in the Oklahoma Ag Mediation Program and the Farmer Suicide Hotline that was so needed in the latter part of the 1980s.
Detrick got teary eyed several times as he talked about his passion of helping 4-H and FFA members be all they could be- and how much he has loved serving the members of the AFR/OFU.
Looking ahead- he admits he has already had a few calls about serving in other ways after he recharges his batteries after his last year as the Farm Organization President of the AFR/OFU. He told me that "I'm still going to have stay involved in everybody's else's business a little bit just to be around if I can see a need and if there is anything I can do to help."
Click or tap here
for the full conversation that we had with Terry on Saturday afternoon at the 2019 State Convention in Norman.
At a recent conference to share with stakeholders the work Oklahoma Genetics, Inc. is doing currently to enhance and fully capture the value of wheat varieties developed and produced by the Oklahoma State University Wheat Improvement Team, OGI Executive Director Mark Hodges sat down with us to explain how the organization plans to connect growers of high-quality wheat with buyers looking to explore niche consumer markets.
According to Hodges, a new strategy is in place to differentiate OSU wheat varieties, segregate them in the marketplace and preserve the grain's identity - all for the end goal of delivering interested niche market buyers with a direct supply channel of high-quality wheat. By doing so, OGI says it can extract the maximum value of the varieties being developed at OSU and revert it back to the producers who fund the program. What is most exciting about the prospect, Hodges says, is that interest in this program is known to exist and is already being explored, remarking, "... the opportunity is there."
Essentially, Hodges hopes this plan will help better market OSU wheat varieties but also create an environment that can foster excitement and competitiveness in the marketplace and encourage producers to again profitably grow wheat. He hopes over the next several months to have this strategy fully defined and ready for launch in the coming planting season.
FFA Members Kick Off 70 Year Old Tradition Of Celebrating Agriculture and Leadership
National FFA Week always runs Saturday to Saturday and encompasses Feb. 22, George Washington's birthday in recognition of Washinton's legacy as an agriculturist and a farmer. This year, the week kicked off on Feb. 16 and culminates on Feb. 23.
During FFA Week, the six national officers will visit chapters across the country. Ridge Hughbanks, central region vice president, will visit Iowa where the Roland-Story FFA chapter is partnering with Meals on Wheels in packaging and providing meals for the elderly who are in need. Hughbanks, an agribusiness major at Oklahoma State University, was elected central region vice president in 2018.
This is a time for FFA members to raise awareness about the role the National FFA Organization plays in the development of agriculture's future leaders and the importance of agricultural education. Special events celebrated throughout the week can be found in the article, click or tap here.
All FFA members and supporters are encouraged to wear blue and show their FFA pride this Friday, Feb. 22!
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After months of suffering through the longest government shutdown in history, America's family farmers and ranchers are finally seeing movement on a new agriculture spending bill. Friday, the House and Senate reached an agreement on a fiscal year (FY) 2019 spending package for the seven appropriations bills not yet signed into law.
The bill makes historic investments in sustainable agriculture research, prioritizes funding for farmer food safety training, value-added agriculture, military veterans and farmers of color, and protects essential conservation programs.
"I am pleased that Congress has passed, and President Trump has signed, funding for USDA for the remainder of Fiscal Year 2019. We will be moving at full speed on all of our responsibilities, making good on our motto by doing right and feeding everyone" commented U.S. Secretary of Agriculture Sonny Perdue.
"Since Congress did not act to protect our southern border, the President has also declared a national emergency, which helps him fulfill a clear promise to protect our national security interests. He is exercising his Constitutional authority, as presidents from both parties have done many times in the past."
The final funding package sets strong funding levels for each of NSAC's top appropriations priorities for FY 2019. To view the detailed allocations list in the article, click or tap here.
Read Secretary Perdue's entire statement regarding the legislation signed by President Trump that funds the USDA and declares a national emergency at the southern border, click or tap here
Growers Leave Their Mark on Capitol Hill at Conclusion of 2019 Wheat Industry Winter Conference
The 2018 National Association of Wheat Growers and Wheat Associates concluded a notably busy winter conference last week. Members from wheat states as well as the House and Senate Agriculture Committee and their staff held meetings with wheat growers to discuss implementation of the 2018 Farm Bill, challenges facing the wheat industry, and trade.
"Our priority is to get the farm bill implemented as Congress intended and to educate freshman Members on who is NAWG and the role wheat farmers, and all growers, play as the backbone of the agriculture economy," stated NAWG CEO Chandler Goule.
Thursday, February 14th, the National Wheat foundation held and educational event featuring twenty-three representatives from the wheat value team. To get the full scoop on 2018 NAWG/USW Winter Conference, click or tap here.
NAWG's committees are scheduled to meet at the 2019 Commodity Classic which begins next week in Orlando, Florida. For more information visit the Commodity Classic site, here.
Market Watcher Derrell Peel Breaks Down Current Feed and Hay Situation - Bottom Line, We're Good
The most recent crop production numbers were released from the United States Department of Agriculture a month later than normal because of the partial government shutdown, offered some good information and insight for the livestock industry regarding the feed and forage situation. This past week we reached out to OSU Extension Livestock Market Economist Dr. Derrell Peel for his analysis of these reports. He says as far as feed grains are concerned, the industry seems to be in good shape.
Based on the information available, the industry has ample supplies of corn, sorghum and soybeans. Bottom line there, Peel says the livestock industry will be well-positioned to take advantage of favorable ration costs.
Regarding the hay situation, Peel says USDA indicates supplies are adequate enough to see producers through winter, despite anecdotal reports of thinning inventories- although he admits they are probably tight.
In the meantime, wheat pastures in Oklahoma are doing quite nicely. For those graze and grain producers, cattle will soon be pulled off pastures as First Hollow Stem approaches. As for graze only producers, Peel says forage should be plentiful for many weeks ahead.
Listen to Peel's full analysis of the current feed and hay situation as it relates to the beef industry here in Oklahoma, on Friday's Beef Buzz - click here.
This Week: OKFB Leadership Conference, OSU All Crops Conference, Superior Sale in OKC
A quick glance at the Calendar page on our website is enough to know this will be a busy week here in Oklahoma. This afternoon, Oklahoma Farm Bureau leaders from across the state will gather in OKC for the organization's annual OKFB Leadership Conference.
Held at the Embassy Suites Hotel downtown, the two-day conference will feature state and federal agricultural policy updates, organizational updates, a reception with state leaders and lawmakers, a visit to the state Capitol and more.
For more information on this conference, click here.
In addition, OSU will host its inaugural All Crops Conference the 19th and 20th in Norman at the National Center for Employee Development. This conference will feature expert sessions on the latest and best management practices for canola, cotton, sorghum, soybeans, wheat - plus the latest innovations in production technology.
Walk in registrations are welcome. For more information, click here.
Finally, if you're in the area, make your way down Thursday morning to the Embassy Suites on Meridian Ave. in OKC to watch Superior Livestock's next video auction being broadcast right here from the Sooner State. This auction features 48,500 head up for sale. For more information on the sale or how to watch and participate remotely, click here.
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