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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.
FedCattleExchange.com has 500 head of cattle on their showlist for the Wednesday,
March 27th sale of finished cattle - click here to jump to the website.
Steady to $4 Higher on Yearlings- Steady to a Dollar Higher for Calves Monday at Oklahoma National Stockyards- Click or tap here for full report from USDA.
OKC West sold slaughter cows 6.00 to 11.00 lower and slaughter bulls 4.00 lower compared to the last sale - click or tap here for the full report from USDA.
At the Joplin Regional Stockyards on Monday- Compared to last week, steer calves 3.00 to 5.00 higher, heifer calves and yearlings steady to 3.00 higher- click or tap here for the full 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:
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
Tuesday, March 26, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update. |
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Featured Story: Oklahoma Wheat Conditions JUMP to 74% Good to Excellent
Oklahoma continued to warm statewide. Winter wheat jointing progressed from 20 last week to now reaching 28 percent, still down 6 points from the previous year and down 10 points from normal. Winter wheat rating put 74 percent Good-Excellent, 24 percent Fair, and just 2 percent looking Poor. The Wheat Good to excellent reading stood at 60% a week ago- and one year ago- the 2018 wheat crop was rated in the last week of March as being just 9% good (nothing excellent) and 54% rated poor to very poor.
Pasture and range condition were rated at 50 percent good to excellent. One year ago- the pasture and range ratings were showing nothing in excellent shape and just 23% was rated in good condition.
Click or tap here to review the latest USDA Crop Progress report on Oklahoma.
Texas winter wheat rated 39 percent Good-Excellent, 39 percent Fair, 22 percent Poor-Very Poor. Freeze damage was detected in some small grain fields in the Cross Timbers. Little to no rainfall in Texas is creating areas of severe drought. Wheat producers continued to apply irrigation, fertilizer, and weed control in areas of the Northern High Plains. Recent rains and warmer temperatures improved wheat condition in the Low Plains. Freeze damage was reported in wheat in areas of South Central Texas. Wheat was in the heading stage in the Coastal Bend and South Texas.
Livestock condition across the state remained mostly fair to good. Use of supplemental feed, while continuing, had decreased across much of the state. Wild hogs are still causing problems in North East Texas. Pasture and range condition was rated 73 percent fair to good.
Click or tap here to review the latest USDA Crop Progress report on Texas.
Finally, based on the limited information out from Kansas, Winter wheat condition rated 3 percent very poor, 8 poor, 37 fair, 45 good, and 7 excellent. Only trace amounts of improvement from last week.
Click or tap here to review the latest USDA Crop Progress report on Kansas.
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Sponsor Spotlight
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.
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According to the USDA's Cattle on Feed report for March 1, 2019 released last Friday - cattle and calves on feed totaled 11.8 million head or just 1 percent above March 1, 2018. Placements in feedlots during February totaled 1.86 million head, 2 percent above 2018. Net placements were 1.79 million head. Marketings of fed cattle during February totaled 1.68 million head, slightly above 2018.
Based on the pre-report estimates of market analysts, OSU Extension Livestock Market Economist Dr. Derrell Peel commented that the reported placements likely came as a surprise to the industry which was generally anticipating a much lower number. He contends this fact might cause the market to react a bit bearishly in response.
In addition, Peel says this report still leaves much uncertainty to deal with as the market continues to guess how the weather might impact trade into the near future. However, demand remains supported from the supply side as boxed beef business has been rather robust this spring, while marketings of lightweight cattle seem to have buoyed demand as well - coupled with the lighter carcass weight and production aspects of the current situation.
To see the USDA's Cattle on Feed report for March 1, 2019 for yourself or to listen to mine and Peel's complete conversation on yesterday's Beef Buzz - click here.
The story below has goes into even greater detail about how the environmental factors we're experiencing now will affect markets over the next several weeks and months.
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Derrell Peel Explains How Current Environment will Impact Beef Market Dynamics Moving Forward
According to his comprehensive analysis of the current beef markets, OSU Extension Livestock Market Economist Dr. Derrell Peel says current weather conditions combined with the culminating effects of this past winter - continues to create uncertainty about how the cattle market will play out this spring. Persistent wet and sloppy conditions have now led to extreme flooding in some regions which has resulted in devastation that will surely have an impact on crop and livestock markets for many weeks and months to come, he says.
On the crop side, losses of stored grain, hay and other products will have immediate impacts on the producers affected and perhaps on broader markets. Disruptions to transportation may be the biggest impact though with truck, rail and river transportation all impacted by the floods.
Recent floods will also impact beef markets directly, though it may be somewhat deferred as it will likely take many weeks to fully assess the damages.
However, Peel also reports that boxed beef cutout values have increased seasonally through the first quarter; boosted no doubt by smaller than expected beef production with fed slaughter down 0.2 percent year over year. And, though calf prices typically peak in early April, delayed grass demand may extend the seasonal strength deeper into April and potentially move higher towards a late summer price peak.
For more of Dr. Peel's insight into the current dynamics of the beef cattle market, click or tap here to jump to the complete article on our website.
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One hundred and one organizations signed a letter yesterday urging Congress to block the USDA's unilateral decision to relocate and reorganize of the Economic Research Service and relocation of the National Institute of Food and Agriculture. The letter cites a growing concern that the proposed relocation and reorganization will undermine the quality and breadth of the work these agencies support and perform, claiming the rationale provided by the USDA for the relocation fails to identify problems substantive enough to justify such a disruption of ERS's and NIFA's operations and jeopardizes future funding for the agencies. The letter proposes Congress intervene by denying USDA the funding it would earmark for relocation or reorganization of these offices. Ron Wasserstein, executive director of the American Statistical Association called the USDA's plans "counter-productive and ill-conceived," and remarked that they "should be stopped." Among the most vocal opponents of the USDA plans are Gale Buchanan and Catherine Woteki, the USDA chief scientists and under secretaries under President George W. Bush and Barack Obama, respectively.
Read more about the opposition that has come against the USDA's decision to uproot two of it's offices, by clicking over to our website to read the full story.
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Sponsor Spotlight
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.
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Meriruth Cohenour Named Director of Market Development Division at ODAFF
Meriruth Cohenour of Yukon was recently named the Director of the Market Development Division at the Oklahoma Department of Agriculture, Food and Forestry by Secretary of Agriculture, Blayne Arthur. Cohenour holds a master's degree in ag-ed from OSU and has worked for the Pinto Horse Association and at Redlands Community College teaching agricultural and equine courses. She is an alumna of the Oklahoma Agricultural Leadership Program, a member of the Oklahoma State 4-H Horse Advisory Board and an active volunteer in her community. "With a new administration comes new opportunities and new energy," said Cohenour. "I know I speak for my team when I say we are very excited to expand our programs in order to help producers be more successful, guide the public's understanding of agriculture and improve communities around the state." The Market Development division at ODAFF helps Oklahoma's agricultural economy by broadening its outlets for agricultural commodities. They assist producers, processors, wholesalers, and retailers in marketing Oklahoma-based agricultural products. Learn more about Cohenour and her new role at ODAFF, by clicking here.
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Checking in on the Beef Checkoff - Wondering What the Checkoff Has Done for You Lately?
For over 25 years, the Beef. It's What's for Dinner brand has driven consumer demand for US beef. In 2018, the brand was relaunched to introduce a new and growing generation to beef, highlighting its unbeatable taste, quality production and sheer nutritional strength. According to Heather Buckmaster, executive director of the Oklahoma Beef Council, the campaign resulted in a 96 percent increase in the number of visits to the Beef. It's What's for Dinner website. Additionally, the campaign facilitated approximately 160 million consumer touch points exposing consumers to positive messages about beef and garnered more than 60 million views of all promotional videos produced by the Checkoff. Buckmaster points out that these are only the national numbers, not specific to the tremendous success of individual campaigns led by state checkoffs like that in Oklahoma. But, it gives us an idea of the scope of this campaign's overall success - and helps producers understand that impact they have had as contributors. Buckmaster says it is something producers should and want to be aware of.
To learn more about the Checkoff's most recent efforts in promoting beef, click here to link to this week's edition of Checking In on the Beef Checkoff, where you can listen to my complete conversation with Buckmaster and review the Checkoff's FY2018 Annual Report for complete details about how producer dollars are being spent and the impact they've had on the beef industry.
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AFBF's Women in Ag Survey Aims to Gauge the Goals and Achievements of Women in Agriculture
The American Farm Bureau Women's Leadership Program has launched "Women in Ag," an online survey that aims to gauge the goals, aspirations, achievements and needs of women in American agriculture in a variety of areas.
All women who are farmers, ranchers, farm employees, employed in agricultural businesses, pursuing ag-related higher education or supportive of agriculture in other ways are invited to participate in the survey.
Respondents must reside in the United States and Farm Bureau membership is not required to participate. The survey asks women in-depth questions about how they are connected to agriculture and what leadership skills they think are most important today, as well as the top business challenges they're facing.
Data collected from respondents will be used to gauge trends related to the achievements of women in agriculture, including leadership positions, business successes and election to public office. Results from the survey are slated for release in the fall and will add to findings gleaned from a similar survey conducted in 2014.
Participants will be entered to receive one of five $100 gift cards after the survey closes on June 21. Click here to learn more.
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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:
phone: 405-473-6144
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