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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
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
Monday, June 10, 2019
| Featured Story: President Trump Gets What He Wants from Mexico- Calls Off 5% Tariffs That Were to Start This Morning
President Donald Trump tweeted late Friday that he'd suspended plans to impose tariffs on Mexican goods, saying the U.S. and Mexico had reached an agreement on stemming illegal immigration. The president says Mexican officials "agreed to take strong measures" to cut down on the flow of illegal immigrants traveling through Mexico and entering the U.S.
Mexico announced Friday night that it would implement "strong measures" to reduce the flow of migrants across its territory toward the southern U.S. border, including the unprecedented deployment of thousands of Mexican national guard troops. It also agreed to expand a program allowing Central American migrants to stay in Mexico while they await the adjudication of their asylum claims.
The Washington Post reported Sunday evening "The president put a charge in his whole dialogue with Mexico with the tariff threats, brought them to the table," Acting Homeland Security Secretary Kevin McAleenan said in an interview on "Fox News Sunday." "The foreign minister of Mexico arrived within hours. He arrived the next day with real proposals on the table. This is the first time we've heard anything like this kind of number of law enforcement being deployed in Mexico to address migrations."
Ag Groups were in general unhappy with the latest tariff threat by the Administration- Wheat Groups as well the US Grains Council quickly condemned the tariff threat over immigration a week ago- while only R-Calf (as far as Ag Groups go) seems publically happy with the move- saying Mexican Feeder cattle are too cheap and are harming US Cattle Producers.
Most in agriculture were hopeful that the ratification of USMCA was getting traction after the removal of steel and aluminum tariffs against Canada and Mexico a few weeks ago by the Trump Administration- but were very worried about the latest challenge to Mexico and how it would impact that country's efforts to ratify the replacement to NAFTA.
The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website
. For more information- call 405-235-4391.
| Beef Export Values Continue Just Under Year Ago Levels to Date- Pork Export Values Double Digits Under 2018 Through April
Beef exports totaled 105,241 metric tons (mt) in April, down 5% year-over-year, though export value was down only slightly at $674.2 million. For January through April, exports were 4% below last year's record pace in volume (412,547 mt) and 1% lower in value ($2.58 billion).
For beef- the shining star is clearly South Korea, with April volume up 18% to 22,584 mt. April value surged 22% to $164.3 million, surpassing Japan as the month's leading value market. January-April exports to Korea were 11% ahead of last year's record pace in volume (78,757 mt) and climbed 15% higher in value ($578.5 million). U.S. share of Korea's total beef imports climbed to 47.5%, up a full percentage point from last year. U.S. share of Korea's chilled beef imports reached 60%.
Pork exports totaled 216,757 mt in April, down 6% from a year ago, valued at $535.2 million (down 8%). January-April exports were also 6% below last year's pace in volume (817,025 mt) and were down 12% in value to just over $2 billion.
Pork's best hope to get caught up some in the value side of the export equation is the ending of the tariffs by Mexico against US pork- and should be impacting sales into that country going forward.
Click or tap here for the complete story on April beef, pork and lamb exports- and the numbers for 2019 after four months of data.
Colin Woodall recently offered us his insight as chief lobbyist for the National Cattlemen's Beef Association into the current status of the ongoing discussions surrounding cell-cultured and lab-grown protein products for commercial sale. According to Woodall, the discussions thus far have led to a memorandum of understanding between the Food & Drug Administration and the US Department of Agriculture. Prior to this agreement, both agencies had asserted jurisdictional authority over the production of these products. Under this MOU, though, both agencies will share in the product's oversight.
Despite being the current darling in regard to the media and the financial community, Woodall says there are still a lot of unknowns about the product that he asserts should really be vetted to ensure the public's best interests are considered.
"We don't know what the resource demand is for that product. They may not take the land that we utilize, but there is going to be other resources that it takes to produce that product," he said. "This is not a zero-sum game for them, and I think they have really told a bit of a misleading game in that conversation with consumers."
Listen to my full conversation with Woodall as we discuss the framework of regulation being built around the production of fake meat products and more, on Friday's Beef Buzz - click here.
| Industry Panel Shares Importance of Biosecurity with Youth Exhibitors at The Exposition Pig Show
The Pork Checkoff in collaboration with the National Junior Swine Association and Team Purebred - the nation's largest youth swine organizations - led an industry panel on biosecurity and farm preparation. There were nearly 1,400 exhibitors, parents and industry spectators present for the panel that addressed hot topics such as on-farm disease.
"With the pork industry focused on keeping African swine fever (ASF) from entering the U.S., it was an appropriate time to remind youth about the importance of biosecurity and to further educate them on foreign animal diseases, as well as reemphasize their understanding and appreciation of the broader pork industry," said Clay Zwilling, chief executive officer of the National Swine Registry.
The panel discussed biosecurity practices and the important role youth exhibitors play in protecting the health of the U.S. swine herd.
You can read more about what the panel had to say about the topic of biosecurity by clicking or tapping here.
| Equipment Donation to S.A.V.E. Farm Helps America's Heroes Learn New Skills and Start New Lives
Ranchers Wally and Doris Olson of Claremore, Oklahoma, recently won Merck Animal Health's sweepstakes prize which included a high-tech cattle handling system. Generously, the couple donated the computerized squeeze chute and panels for up to 35 head of cattle, to S.A.V.E. Farm - or Service member Agricultural Vocation Education (S.A.V.E.) Corp - a charitable education corporation engaged in training veterans to farm.
This tremendous donation now in place on the S.A.V.E. Training Farm near Manhattan, Kan., will be used to teach students how to accomplish a variety of cattle care operations.
"We are thrilled that a bonus to this effort is the grand prize winner opting to selflessly donate the corral system, scale and EID system to the S.A.V.E. organization to help teach and train veterans and transitioning service members in beef cattle management," said Becky Weishaar, marketing manager, Merck Animal Health. "We were also pleased to provide the animal health products needed to get their cow-calf herd started on the right track."
Doris Olson remarked that she is familiar with S.A.V.E.'s mission and the tremendous work they do to help our veterans transition into farming-related careers. "I'm pleased to be able to donate this cattle system to their program which is truly changing lives," she said. "I know it will be put to good use for many years to come."
Click here to read more about this story and the people and organizations involved.
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.
| Water Quality Matters for Grazing Cattle and Their Ability to Thrive and Grow on Pasture and Range
We all know that water is important for livestock and all other living things. However, what people don't realize is the effect that water quality can have on the animals ability to thrive and grow.
Most people don't forget about water. But, most people don't think of that water as a nutrient and how changes in the quality of that nutrient can impact the animal. For example, during the summer, our ponds and tanks experience higher rates of evaporation, concentrating elements in the water.
The Noble Research Institute conducted research comparing the average daily gain (ADG) of cattle being pumped water to a trough and drinking directly out a pond. The study found that cattle drinking out of the troughs had an increased ADG vs. cattle drinking from the pond.
You can read more about this study conducted by the Noble Research Institute over on our website - here.
| Cargill's Dusty Abney Talks with CAB About Profitable Herd Management and Cow and Heifer Nutrition
We have all heard the term profitable herd management. However, most do not think of the tailoring the nutrition of heifers and cows to their stage in the production cycle.
"In the nutrition industry as a whole as far as cattle nutrition goes, for years and years we've talked over and over about protein," said Dusty Abney, Cow-calf and Stocker Nutritionist, Cargill Animal Nutrition. "And protein is very important and for a lot of people, protein is the rate-limiting nutrient in their operation. But if you've got thin cows in a time of year they're not supposed to be thin, protein is probably not what's holding you back."
To keep a cow or heifer in the right body condition, you must figure out what her nutritional needs are depending on the time of year. For instance, if you are feeding too many calories to a heifer, it can cause one of two problems. She can have too much fat surrounding her reproductive tract, or she can have dystocia issues.
Click here to watch a short video clip featuring Dusty Abney talk about the importance of water quality for livestock.
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