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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.
598 head of cattle on their showlist for the Wednesday,
May 1st sale of finished cattle - click here
to jump to the website.
The Oklahoma National Stockyards
showed lots of downside on prices reported- 9,500 on hand- Feeder steers mostly 6.00-7.00 lower. Feeder heifers 3.00-6.00 lower. Steer and heifer calves lightly tested with a much lower undertone noted. Click or tap here for the full report provided by USDA.
At the Joplin Regional Stockyards- 5,042 cattle were sold on Monday- steer and heifer calves unevenly steady, yearlings 4.00 to 7.00 lower. 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, April 30, 2019
Significant Progress Made in One Week's Time Though US Corn Planting Still Lagging Its Normal Pace
The USDA released its latest Crop Progress Report on Monday, according to which the US corn crop gained some significant ground in terms of planting over the past week, but still remains behind its normal pace. The US soybean crop is in a similar situation, still behind its normal pace of planting, though still with enough time in the planting window to get this year's crop in the ground. The US winter wheat crop, still doing well though marginally behind its typical rate of development in most cases on a state-by-state basis. Click here to review the complete USDA Crop Progress Report for Monday, April 29, 2019.
Looking at our three-state region across the Southern Plains -
, winter wheat jointing reached 91 percent, up 6 points from the previous year but down 2 points from normal. Winter wheat headed reached 37 percent, up 4 points from the previous year but down 23 points from normal. Winter wheat's condition this week rates 2 poor to very poor, 19 fair and 79 percent good to excellent
. Corn planted reached 33 percent, down 1 point from the previous year. Corn emerged reached 10 percent, down 9 points from the previous year and down 12 points from normal. Cotton planted reached 6 percent, up 1 point from the previous year but unchanged from normal. For a look at the complete report for Oklahoma, click here.
, limited information indicates that Winter wheat condition rated 3 percent very poor, 8 poor, 31 fair, 48 good, and 10 excellent. Winter wheat jointed was 64 percent, ahead of 50 last year, but behind 75 average. Headed was 4 percent, near 2 last year, but behind 22 average. For a look at the complete report for Kansas, click here.
Finally in Texas
, winter wheat is 64 percent headed, behind 68 last year and 65 the average. Wheat's condition this week rates 15 excellent, 46 good, 29 fair and 10 percent poor to very poor. Cotton planted is at 13 percent complete this week, behind last year's 15 and equal to the average. For a look at the complete report for Texas, click here.
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With the exception of the cull cow market, cattle and beef markets are currently behaving seasonally well with little underlying trend in most cases, according to OSU's Dr. Derrell Peel. In this week's Cow/Calf Corner newsletter, he says that either until or unless outside shocks rise up to impact supply or demand conditions, we can expect cattle and beef markets to remain pretty calm in the coming months.
One issue this stability hinges on, he says, is the availability of feed resources. From a feed perspective, there appears to be ample supplies and production potential at present to maintain attractive concentrate feed prices for the foreseeable future. From a forage perspective, he says there are excellent moisture conditions which suggest tremendous pasture and hay potential. And beyond the weather are seasonal supply and demand conditions that will influence cattle and beef markets in May. At this time, steer and heifer carcass weights are close to year ago levels after being lower for the year to date, largely as a result of weather impacts. Fed cattle prices, meanwhile, are currently at or just past the seasonal peak this spring. Prices for lightweight calves and stockers are likely at or just past the seasonal peak, while cull cow prices have been quite erratic this year, spiking up seasonally a couple of times but falling back each time reflecting the variability in the ground beef market.
All in all, Peel says we are seeing the most stable cattle and beef markets in many years. You can review his full market outlook for the months ahead by clicking here to jump to this week's article.
On Tap Today- How Many Bushels Does a 79% Good to Excellent Wheat Crop Get You?- PLUS 93rd Annual FFA Convention
The 2019 Oklahoma Grain and Feed Association will once again host the annual guessing game as to the size of the 2019 Winter Wheat Crop- Based on conditions now and projecting "normal" weather from now til harvest.
After awful crop conditions last year (really- the last two years), the question is what sort of crop can we harvest given current crop ratings show 79% of Oklahoma wheat is rated good to excellent- compared to 66% called poor to very poor at this point last year.
The 2018 estimated crop by those gathered at the Grain and Feed Association meeting was from 58 to 63 million bushels- we actually ended up producing a little more- 70 million bushels on 2.5 million harvested acres and an average yield of 28 bushels per acre.
The REAL unknown that will be discussed this morning at the Oklahoma City gathering- how many acres will be harvested for grain this year. Given lousy wheat prices this spring- many producers may still elect to grab as much forage as they can and harvest a wheat crop by adding pounds to stocker calves.
We will be tweeting from the OGFA meeting in OKC during the report session- our handle is Ron_on_RON.
After we finish talking bushels- we will be heading quickly to downtown Oklahoma City and jumping into the 93rd Annual Oklahoma FFA Convention- Click or tap here for the Day One list of happenings- Carson Horn and I will be helping with the State Prepared Public Speech Finals and also looking forward to checking out the Career Show this afternoon as well.
Tomorrow is a HUGE day for Oklahoma FFA- they will be celebrating their Stars Over Oklahoma- we interviewed all the Star Finalists and a part of those interviews will showcase the Four State Stars- thanks to J.D. Rosman of the Oklahoma Youth Expo for doing an incredible job on the video that will be seen tomorrow in the Fifth General Session
Hope to see lots of friends today and tomorrow at both of these events!!!
USDA Extends Deadline to May 17 for Producers to Certify 2018 Crop Production for MFP Payments
The Department of Agriculture Monday extended the deadline to May 17 from May 1 for producers to certify 2018 crop production for payments through the Market Facilitation Program. The trade relief program payments will be issued only if eligible producers certify acres before the updated May 17 deadline.
Farm Service Agency Administrator Richard Fordyce says the deadline was moved because rainfall and snowfall have delayed harvests in many parts of the country, preventing producers from certifying acres. The program helps producers who have been significantly affected by foreign tariffs, resulting in the loss of traditional exports, according to USDA.
MFP provides payments to producers of corn, cotton, sorghum, soybeans, wheat, dairy, hogs, fresh sweet cherries and shelled almonds. To date, more than $8.3 billion has been paid to nearly 600,000 applicants. Producers can certify production by contacting their local FSA office or through farmers.gov.
Click over to the original article on our website for more information.
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.
Governor Kevin Stitt Signs Priority Legislation Protecting the Integrity of Beef in the Marketplace
At the end of last week, Governor Kevin Stitt signed into law a bill that has taken priority with the Oklahoma Cattlemen's Association in 2019. The bill deals directly with the integrity of beef in the marketplace, specifically defining what products can and can not use the term "beef" commercially. We caught up with OCA Executive Vice President Michael Kelsey for his explanation of how this law will impact Oklahoma' beef industry.
According to him, this bill ensures that only conventionally raised meat products can be commercially marketed as beef or as terms related to other meat products like poultry, pork, etc. It also protects the nomenclature of these meat products, limiting the use of specific terms for cuts of meat, like sirloin, ribeye, etc. The bill originated as a response by the beef industry to the advent of lab-based cell-cultured protein products that are marketed as an alternative to conventionally raised meat.
Kelsey reports that lobbyists representing these companies attempted during the legislative process to modify this bill in ways that would make it friendlier to their clients' products. However, Kelsey says those attempted were thwarted and the purity of the bill's spirit was left intact. In the meantime, the National Cattlemen's Beef Association continues to tackle this issue on the federal level, working to ensure USDA aligns its regulations with the beef industry's interests.
Listen to our full conversation discussing the new law of the land in Oklahoma pertaining to meat labeling restrictions, on yesterday's Beef Buzz - click here.
Oklahoma Wheat Commission Invites Area Producers to Participate in District IV Board Seat Election
The Oklahoma Wheat Commission will hold an election to fill its District IV opening on Wednesday, May 8, 2019, at 1 p.m. at the Cotton County Electric Community Center. District IV consists of Caddo, Comanche, Cotton, Greer, Harmon, Jackson, Kiowa and Tillman counties. All wheat producers within District IV boundaries who are actively engaged in wheat production, have marketed wheat and have paid a check-off fee and left that fee with the Commission for the current year are eligible and encouraged to vote. Producers participating in the election must prove their eligibility to vote by providing a dated grain elevator receipt including the producer's name and amount of wheat sold and a driver's license or some other form of identification.
Candidates wishing to run in the election must be at least 25 years old, a resident of Oklahoma, engaged in growing wheat in the state for at least five years and must derive a substantial portion of his/her income from growing wheat.
The Commission's vacancy meeting, which is open to the public will begin at noon, and the election will begin promptly at 1 p.m. Lunch will be provided. For more information, read the full story by clicking or tapping here
NRCS Offers Producers Wide Range of Resources to Prepare for Extreme Weather, Natural Disaster
During the latest episode of the Southern Plains Podcast, USDA Southern Plains Climate Hub Coordinator Clay Pope visits with Gary O'Neil, state conservationist for the USDA-NRCS office in Oklahoma about how USDA is helping producers deal with natural resource challenges through farm bill programs.
According to O'Neil, NRCS offers producers a variety of resources that help them prepare for any potential adverse weather or natural event. For example, NRCS has heavily promoted proper soil health management in recent years. Given the appropriate attention, healthy and well-maintained soils can significantly help producers fair those prolonged dry spells.
In addition, programs like EQIP and the Emergency Watershed Protection Program have helped affected communities when tragedy does strike. And it is apparent that NRCS' efforts are paying off. According to the 2017 Ag Census, Oklahoma has seen a 30 percent reduction in intensive tillage and a 51 percent increase in the use of cover crops. O'Neil insists that the adoption of these practices are having a major impact on the state's ag industry.
Hear him discuss the extent of that impact in his conversation with Pope, by clicking here
to listen to the complete podcast.
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