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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.
FedCattleExchange.com has a total of 500 cattle on their showlist for the Wednesday, March 27th sale of finished cattle- details will be available after noon today by clicking here.
sold 2,000 head of feeder steers and heifers mostly steady this week compared to last week's sale - 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:
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
Wednesday, March 27, 2019
In looking at the data provided in the latest Cattle on Feed report, OSU Extension Livestock Market Economist Dr. Peel talked us through the information and what trends he believes will develop as we move further into the spring and summer.
Most notably, Peel says the industry is working its way closer and closer to grilling season - arguably the beef industry's most profitable period. As we move into this period, Peel says seasonal patterns in the market will take off and build on what is already a rather strong market reflected in robust boxed beef business and cattle trade at livestock markets.
Despite the regional differences that have evolved this year between the North and South, Peel says demand has remained relatively strong and believes it should be sustained for several weeks to come, pointing out that although much more lighter weight cattle have been placed - according to the on feed report - there are still are large amount of cattle still grazing wheat pastures across the Southern Plains.
For more of Peel's insights into this report and what it says about the current market situation in the beef industry, listen to our full conversation on yesterday's Beef Buzz - click here.
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| Stakeholder Groups Appeal to Congress for an Immediate Extension on the Biodiesel Tax Incentive
The National Biodiesel Board (NBB), its member companies, and stakeholder organizations delivered a letter to House leaders Tuesday, urging them to make a multiyear extension of the biodiesel and renewable diesel tax incentive an urgent priority.
Download the full text here.
In the letter, the biodiesel industry stakeholders write, "The future of the credit has been unclear for more than 14 months. That uncertainty is curtailing investments in new plants and capital projects to upgrade existing plants."
Kurt Kovarik, Vice President of Federal Affairs with NBB, added, "The biodiesel industry has long advocated for a multiyear extension of the tax incentive. But because the incentive has been expired for 15 months - the longest period of uncertainty for this policy since its start - it is urgent that Congress act immediately to provide the biodiesel industry certainty for 2018 and 2019."
Congress last addressed the biodiesel tax incentive in February 2018, retroactively extending it for 2017 but leaving it expired for 2018 and beyond.
Click or tap here to read the story and learn more on how the U.S. biodiesel and renewable diesel industry's continued success could be at stake.
| DDGs are Evolving- National Corn Growers Lead Conference on How That Impacts All the Players
The National Corn Growers Association (NCGA) held the first Distillers Feed Products Nutrition Roundtable, bringing together animal ag partners, animal nutrition experts and ethanol technology providers to discuss the changing number and nutrient profile of distillers feed products.
"Our goal is to start a meaningful dialogue across segments of the supply chain," said NCGA Director of Market Development Sarah McKay. "This is just one of the many steps to better understanding how new corn fractionation technologies are being deployed in dry mills in the U.S. These technologies create value by separating out the various components of corn to allow improved utilization of the subsequent product streams.
"While this technology has a lot of potential for early adopters and could increase corn grind, it will require a change in how the value chain views and uses the products of ethanol plants. Gathering stakeholder input and starting a dialog early should help the rollout of this technology proceed smoothly."
Click or tap here to read more about this gathering of producers and users of DDGs.
Stocker Nutritionist Dusty Abney Explains the Importance of Good Records in Progressive Cow Herds
When it comes to making changes in your cow herd, having a comprehensive set of records at your disposal can be a valuable tool. Dusty Abney, a cow-calf and stocker nutritionist with Cargill Animal Health, says he strongly encourages all the producers to keep records. But - he contends that keeping records is a waste of time if something isn't done with them.
"If you don't use those records to make a decision to improve your operation, you ought to quit keeping records," he said. "If you're writing stuff down and taking the time to measure those things and you don't use those metrics to make good decisions, better decisions than you were making before, you're wasting your time."
Abney advises producers get the most out of their record-keeping system by starting with a plan. This will help producers focus on what information to gather, how to organize it and what changes to consider on their operations. Most importantly, it helps operators understand what if any progress they're making toward the set goals of their plan. The great thing is, Abney says your system can be as complicated or as simple as you choose.
For more of Abney's advice on effective record keeping, click here to watch a short video clip featuring his recent interview with the folks at Certified Angus Beef.
The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations. To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes.
Southeast District 4-H Program to Benefit From Boston Marathon Appearance
Residents of Pushmataha County will see a familiar face in the crowd of runners at the 2019 Boston Marathon. Last fall Ryan Witt applied for a spot through his company, John Hancock. He just got word in November that he's secured a spot.
As a runner in a charity spot, he said he had the option to raise $2,500 for a charity in the Boston area or $5,000 for a non-profit organization close to home
He chose the Oklahoma 4-H Foundation and earmarked the money for 4-H programming in southeast Oklahoma and Pushmataha County. Because he works in the forestry industry, Witt said some of the money will be used to implement forestry education within 4-H.
"I figured if I was going to raise that much money, it would be nice for it to benefit my local area. With my wife being a 4-H educator, I know the good things 4-H does," he said.
We'll be cheering him on April 15th as the starter pistols fire and the 30,000 participants take off! Read the full story here to find out how Ryan is preparing for the run.
| USDA Data Cometh- Hogs and Pigs Tomorrow and Spring Acreage Expectations on Friday
A few days back- Jim Robb with LMIC talked on the Beef Buzz about the Hogs and Pigs Report and how it may impact the beef cattle marketplace- saying he anticipates that growth in the US Hog Herd may be about half as much as it was a year ago- which will help manage overall meat protein supplies in this country- click or tap here for that Beef Buzz from this past week and take a listen to what Robb has to say starting at the four minute mark.
Allendale says that Quarterly Hogs and Pigs Report- due out tomorrow at 2 PM Central has "Analysts expecting to see All Hogs and Pigs at 2.1% over last year according to a Bloomberg survey. Kept for Breeding is expected 1.8% over last year, while Market Hogs is expected at 2.1% over last year.
"Rumors suggesting China will buy record amounts of US pork to help resolve the trade war entered the market yesterday. 300,000 metric tonnes (661 million pounds) was the purchase amount rumored, however, it was unclear if this was in addition to any buying from African swine fever or included in those numbers."
As for the Spring Acreage Report that is coming on Friday- "Prospective Plantings numbers have analysts expecting to see corn acreage of 91.332 million acres, soybeans 86.169 million, and all wheat acres 46.915 million. As a reminder, USDA reports acreage numbers as of their March 1st survey deadline, and recent flooding concerns will not necessarily be factored in."
That report comes out at the same time as the monthly Grain Stocks report as well as the WASDE from the Economic Research Service at 11 AM Central on Friday- so lots of government data to digest the next couple of days.
Don't Slip Now- Selk Encourages Producers to Maintain Heifer Conditions Ahead of Breeding Season
As we get closer to the spring breeding season, it is more important than ever to ensure your heifers are getting the proper nutrition needed to maintain a good, healthy body condition. In this week's Cow/Calf Corner newsletter, OSU's Glenn Selk reminded producers of that fact, encouraging them to pay close attention to their nutritional management this spring and not let the condition of their heifers slip at this critical time.
To emphasize the importance of this, Selk cites research that concluded a heifer's breeding success can be jeopardized if it undergoes a severe reduction in dietary intake of protein prior to reaching puberty due to the change's effects on the ovulation rates of cycling replacement heifers.
According to the study referenced by Selk, the prevention of ovulation can happen rather quickly without visibly altering body condition and go unnoticed in heifers that are not handled properly in terms of nutritional management.
For more details on this study and advice from Selk on how to avoid this common oversight, click here
to jump to the original article on our website.
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