|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 Ron Hays 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:
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
Friday, March 8, 2019
Featured Story: USDA, FDA Make Formal Agreement to Regulate Cell-Cultured Food Products from Livestock, Poultry
The U.S. Department of Agriculture's (USDA) Food Safety and Inspection Service (FSIS) and the U.S. Department of Health and Human Services' (HHS) Food and Drug Administration (FDA) today announced a formal agreement to jointly oversee the production of human food products derived from the cells of livestock and poultry.
"Consumers trust the USDA mark of inspection to ensure safe, wholesome and accurately labeled products," said USDA Deputy Under Secretary for Food Safety Mindy Brashears. "We look forward to continued collaboration with FDA and our stakeholders to safely regulate these new products and ensure parity in labeling."
Click or tap here to read the full article about the oversight roles and responsibilities for both agencies, as the new technology is introduced and labeling is adjusted.
On Oct. 23-24, 2018, FSIS and FDA held a joint public meeting to discuss the use of cell culture technology to develop products derived from livestock and poultry. To view the recorded webinar from the public meeting on the FSIS website here.
To view the Formal Agreement, visit the FSIS website at www.fsis.usda.gov/formalagreementÂ or the FDA website here.
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more.
And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
Cattlemen Say USDA-FDA Formal Lab-Grown Fake Meat Agreement is "What Consumers Deserve"
National Cattlemen's Beef Association President Jennifer Houston released the following statement in response to the formal agreement announced by the U.S. Department of Agriculture (USDA) and Food and Drug Administration (FDA) on lab-grown fake meat oversight:
"The formal agreement announced today solidifies USDA's lead oversight role in the production and labeling of lab-grown fake meat products. This is what NCBA has been asking for, and it is what consumers deserve. Under the terms of the agreement, USDA will be responsible for inspecting all facilities that harvest, process, package, or label cell-cultured products derived from livestock or poultry. All product labels will also be subject to USDA's pre-approval and verification process. We look forward to working collaboratively with the USDA and FDA on next steps, including the development of a more detailed framework concerning the cell harvest stage. Ensuring that all lab-grown fake meat products are safe and accurately labeled remains NCBA's top priority."
American Farm Bureau Federation President Zippy Duvall echoed this sentiment in an official statement, click or tap to read it here.
According to the latest USMEF data, US beef exports this past year shattered the previous value record and achieved a new high for volume. In addition, pork export volume came up just short of the record set in 2017 while value slipped 1 percent year-over-year.
Fueled by tremendous demand in Asia, US beef exports reached 1.35 million metric tons (mt), up 7 percent from 2017 and exceeding the 2011 record by 5 percent. Export value soared to $8.33 billion, breaking the 2017 record by $1.06 billion - an increase of 15 percent. For December only, beef export volume was down slightly from a year ago to 112,777 mt, but value still increased 4 percent to $700.2 million. The most notable growth was seen in South Korea, where the obvious impacts of the KORUS Free Trade Agreement supported a 30 percent year-over-year increase in volume and more than doubling the value posted there from just three years ago.
"There may have been no greater ag trade success story in 2018 than U.S. beef exports to Korea," said Dan Halstrom, USMEF president and CEO. "Less than a decade removed from street protests opposing the reopening of this market, Koreans now consume more U.S. beef per capita than any international destination. This is a testament to the U.S. beef industry's strong commitment to the Korean market and the outstanding support received from the U.S. government - through both USDA promotional funding and the negotiation of the Korea-U.S. Free Trade Agreement (KORUS), which has dramatically lowered import duties on U.S. beef."
Overall beef export value was also record-shattering on a per-head basis, averaging $323.14 per head of fed slaughter in 2018. This was a 13 percent increase over 2017 and exceeded the 2014 record by 8 percent. Beef exports accounted for 13.5 percent of total beef production in 2018 and 11.1 percent for muscle cuts, up from 12.9 percent and 10.4 percent, respectively, in 2017.
For more details and highlights on the information included in this report from the USMEF on US red meat exports, click or tap here.
Annual Survey Finds 80% of Producers Believe Beef Checkoff Drives Beef Demand
Recently a Producer Attitude Survey was commissioned by the Checkoff - and conducted and reviewed by a third-party, independent research firm - to gauge beef producers' awareness, overall sentiment and concerns about the program.
"For more than 25 years, the checkoff has commissioned an outside research firm to conduct this type of survey," said Brian Malaer, co-chair of the checkoff's Investor Relations Working Group. "Overall, producers continue to have very favorable attitudes toward the Beef Checkoff and have consistently supported the program over time."
The survey's recent key findings include:
-- 80 percent of producers say the Beef Checkoff drives demand for beef.
-- 72 percent say they approve of the Beef Checkoff.
-- 68 percent say the Beef Checkoff leads to greater profitability in their own operations.
Check out further data from the survey in the full article 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.
Kim Anderson Says Even Though Wheat Prices Continue to Slide, Elevators Want Oklahoma Wheat
Once again this week, the price of wheat continues to decline and OSU's Kim Anderson confesses - he's not real sure how much further this downtrend will take prices before they reach their bottom. This weekend on SUNUP, Anderson explains how short funds and a lack of export demand have persisted in weighing the market down.
While Anderson believes there is mounting demand for wheat as harvest grows nearer, he believes too that traders will be hesitant to buy any contracts until export demand improves. He says that judging from the momentum that the Black Sea Region has been able to sustain - that may take a while.
Anderson says considerations will need to be made, but asserts that what producers can not afford to do is to use the low prices as an excuse not to grow a quality crop. He warns that if producers fail to deliver on test weight and high protein, they could stand to lose an additional 50 cents to a dollar off the current forward contract price of approximately $4.32.
You can watch Anderson's visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now and see what else is on the lineup for this week's episode, by clicking or tapping here.
| Secretary Arthur Hopes to Show Oklahoma Youth That Ag Jobs Include More Than Vets and Farmers
At the start of the week- I had the chance to talk to Oklahoma's Secretary of Agriculture Blayne Arthur who is creating the first Agriculture Youth Council intended for students heading into their senior year who have an interest in agriculture.
Her initiative hopes to erase the old idea that only veterinarians and farmers were involved in agriculture, opening up kids' minds to the many avenues of work they could pursue within the ag industry. It's also a way to get feedback from the more tech-minded generation
"We see it as a resource for the agency. We can get their perspective on how we do our job. How we implement regulations, how we interact with producers. Can we do things better," said Arthur.
Students who will be High School Seniors this coming fall may apply for the Council. Check out our webstory for details about applying.
Hear our conversation about Oklahoma's first AYC by clicking or tapping here.
China Makes First Significant Purchase of US Sorghum Since Making Anti-Dumping Claims Last Year
This week's USDA Export Sales Report contained a pleasant surprise for American sorghum farmers. China made its first purchase of the crop since a dispute arose between China and the U.S. over an anti-dumping case in February of 2018.
China initiated anti-dumping and countervailing duty cases against the commodity in February and implemented a 25 percent tariff on sorghum and other U.S. commodities in June.
National Sorghum Producers Chair Dan Atkisson says the purchase is great news for U.S. sorghum.
"We are thrilled to see this on the books going into the 2019 planting season as hopefully the first of many," he says. "We look forward to returning to trade with our largest export partner, and we are encouraged not only by this sale but the reported 2.2-million-bushel sale to Spain, as well."
He says the group believes the news is a direct result of meetings between leaders of the two nations, and they appreciate both Administrations' willingness to continue to press forward toward a long-term agreement between the U.S. and China.
Click here to jump to the full release from NSP on our website for more details.
|Oklahoma Ag Leadership Class in Washington This Week
Class XIX has been in Pennsylvania and in Washington, DC this week- very very busy and have seen some east coast agriculture and participated in a lot of policy discussions.
OALP Director Dr. Edmond Bonjour has been documenting the trip on Facebook- here are a few of the highlights he as mentioned
"The OALP started today by visiting the Gettysburg Heritage Center and then had a two hour tour of the battlefields. After lunch, we drove in the snow to Lebanon to meet our host families. Zak Nulik and I had an outside tour of several Bell & Evans poultry facilities and then the Mark Hershey Farms feed mill. After a delicious meal with our hosts, we toured their chicken barns where they raise 102,000 chickens for meat. The barn in the picture is 63x500 feet and holds 36,000 chickens.
After getting into Washington- one of the priority stops was at USDA- "The OALP had great visits at the USDA this morning where we had discussions about the NRCS, Risk Management Agency, Federal Crop Insurance Program, and Supplemental Nutrition Assistance Program (SNAP). This afternoon we visited National Cattleman's Beef Association and the Humane Society of the United States"
"The OALP had great discussions with U.S. Wheat Associates about wheat quality, classes of wheat, and the international market stream and then with In-Q-Tel where they covered how bioweapons pose a strategic threat, technology is transforming ag, agroterrorism is a real potential, and biodefense is critical."
Here's the class earlier in the week at Gettysburg- congrats to these young leaders for investing in themselves as the Ag Community invests in them as well- they will be making a difference in the years ahead as have so many OALP Grads!
|Hall Coyote and Pollard Farms Set for Bull Sales on Saturday
The spring bull sale at the Hall-Coyote Hills Ranch is set for tomorrow- Saturday, March 9, 2019 at 1:00 PM.
The sale will be held at the ranch- 1 mile west, 2 miles south and 1 mile west of Chattanooga, OK on Hwy 5
The Hall Coyote Ranch sale will be featuring 90 Limousin and Lim-Flex Bulls.
Keep in mind
- All Bulls Developed & Performance-Tested at CHR
- All with Genomically Enhanced EPDs
- BW, WW, YW, SC, Frame Score & Ultrasound Carcass Info Available on All Bulls
- Semen-Tested and Trich-Tested Negative Virgin Bulls
- 5 percent Volume Discount on Five or More Bulls
For more information- you can call 580-597-3006 or click or tap here for the Hall Coyote Hills Ranch website where you can find the catalog for the sale and a lot more.
The Pollard Farms "Performance Genetics" 20th ANNUAL BULL SALE is happening tomorrow- Saturday, March 9, 2019 starting at 12:30 PM, at the Ranch located 1 mile east of Hwy. 81 on Wood Road, Waukomis, Ok.
Barry and Roxanne Pollard will be offering 120 Home-Raised Service-Age Bulls, which are Fall 2017 to Spring 2018 Bulls, all selling with genomically enhanced EPD's for increased reliability!
Click or tap here for the Pollard Farms website- you will find links to both the Sale Book and Sale Videos there on the front page of their website.
Matt Sims is the Sale Manager- call him with any last minute questions at 405-641-6081.
|Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Herb's Herb Hemp Farm, 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: