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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.
offered 663 head with 340 head actually selling Wednesday - click here
to jump to the website.
At OKC West Livestock Auction
in El Reno feeder steers and heifers weighing over 800 lbs traded 5.00-6.00 higher, lighter weights not well tested last week for an accurate trend but a higher undertone it noted. Click here for the complete sale report.
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
Kane Kinion, Web and Email Editorial Assistant
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Thursday, June 13, 2019
|Wheat Harvest Advances- Oklahoma Wheat Commission Now Calls Harvest 15%
According to the latest harvest update courtesy of the Oklahoma Wheat Commission- harvest continues to progress across Southwest Oklahoma and Central Oklahoma even though producers in some places have been getting late starts due to light showers and high humidity. Combines have been rolling as far North as Kremlin, with a few loads of wheat taken in at Pond Creek and Hunter yesterday.
The Oklahoma Wheat Commission is calling harvest to be 15 percent complete as of Wednesday afternoon, June 12th. Protein reports are lower than last year, but are still higher on the harvested wheat than what was previously predicted. Producers who put later fertilizer applications and split fertilizer applications are seeing higher protein numbers. Protein reports have ranged from 9.5 to as high as 13 percent depending on location and management practices. As of today statewide protein averages across the state are ranging from 10.5 to 11.5 percent for the most part.
Yields have been a pleasant surprise- as have test weights- depending on the harvest results from north central Oklahoma- which has barely begun- this could end up being a crop at the upper end of pre harvest guesses as far as the number of bushels go.
Click or tap here for the full report from Mike Schulte and his contacts- released on Wednesday afternoon, June 12th.
| Tim Lust with National Sorghum Talks Opportunities for Producers to Plant Sorghum This Year
As farmers seek a solution to the prolonged wet spring and lost opportunities to plant other spring crops, the National Sorghum Producers and the Sorghum Checkoff are reminding producers grain sorghum is an option that can provide opportunity to growers. As wet conditions persist for farmers across the U.S., producers calculating options as major crop plant deadlines come and go need to keep a few considerations in mind when planting grain sorghum, according to NSP.
Grain sorghum can typically be planted later than other crops, and sorghum is a lower risk option, specifically as it relates to seed costs. For example, sorghum seed typically costs $9-$18 per acre depending on seeding rate, while corn seed typically costs $55-$110 an acre depending on seeding rate and traits. Harvest costs are often lower, as well.
The Sorghum Producers say even late in the planting cycle- seed is available.
NSP CEO Tim Lust says "despite trade uncertainty, demand for feed grain remains strong across the globe." He spoke earlier this week with Associate Farm Director Carson Horn about the opportunities associated with planting grain sorghum here in June.
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Congressman Frank Lucas Backs Oklahoma Agriculture Groups Urging Congress to Ratify USMCA
Congressional leaders this week received a letter from nearly 1,000 agricultural groups calling on Congress to ratify the United States-Mexico-Canada Agreement (USMCA). Among those groups calling on Congress to act, were several of Oklahoma's agricultural organizations including the Oklahoma Agricultural Cooperative Council, Oklahoma Cotton Council, Oklahoma Farm Bureau, Oklahoma Grain and Feed Association, Oklahoma Pork Council and Oklahoma's railroad associations.
On Wednesday, Oklahoma's 3rd District Congressman Frank Lucas released a statement backing those groups and joined them in calling for the USMCA's ratification.
"As a rancher and a wheat farmer, I know how important fair trade and market access is for Oklahoma's agricultural products. As a Member of Congress, I know how important reducing costs on the American consumer and revitalizing numerous industries across the country can be for economic growth... These groups are well aware of the economic impact that USMCA will have on our state's economy but most importantly on the lives of Oklahoma's producers," Lucas stated. "The path for a stronger economy, fair and equitable trade, and better market access for our farmers couldn't be clearer. Every day House Democrats delay the ratification, it adds even more instability in an already unstable marketplace."
President Trump also sided with a group of more than 950 agribusinesses and organizations, calling on lawmakers to quickly pass the agreement once formally submitted to Congress. Trump, on Twitter, says "our patriot farmers and rural America have spoken," saying "now Congress must do its job" by passing the USMCA agreement.
According to Iowa Senator Chuck Grassley, chair of the Senate Finance Committee, a hearing entitled, "The President's 2019 Trade Policy Agenda and the United States-Mexico-Canada Agreement," will be held next Tuesday morning. Grassley told reporters earlier this week, following meetings with House of Representatives leadership, that he expects demands from Democrats in the House can be worked out. The House must consider the agreement before the Senate can vote on ratification.
to read Lucas' complete statement in support of Oklahoma's rural community on our website.
| Wheat in Panhandle Test Positive for Wheat Streak Mosaic, High Plains Disease, Triticum Mosaic
Oklahoma State University Extension Plant Pathologist Dr. Bob Hunger released this week his latest wheat disease report for Oklahoma. According to him, several samples from the panhandle and northwestern OK have tested positive for wheat curl mite-transmitted virus diseases including wheat streak mosaic, high plains disease and Triticum mosaic. These samples were not as severe or widespread as in previous years though.
Hunger adds that there is reportedly an increase in incidences of white heads across northwestern OK and the panhandle. Some reports have indicated that Fusarium root rot is the cause- while other contributors could be freeze, Fusarium head blight and flooded fields.
Hunger says he is also on the lookout for potential cases sooty mold, which would be expected given the wet conditions of late.
For more information on these mite-transmitted viruses and other diseases, click over to Hunger's complete report on our website.
| Farm Groups Applaud Trump Biotech Order
Farm groups agree with President Trump, who issued an executive order for the federal government to streamline the ag biotech approval process. Trump announced the order during his visit to Iowa Tuesday, that seeks a science-based, timely, efficient, and transparent process.
American Farm Bureau Federation
President Zippy Duvall
says the executive order will "foster policy to spur agricultural innovation" in agricultural biotechnology.
Kentucky soy grower and President of the American Soybean Association Davie Stephens
said, "Soybean farmers appreciate the steps toward a more consistent, coordinated approach to the biotech regulatory system domestically and abroad."
The executive order directs the Department of Agriculture, the Food and Drug Administration and the Environmental Protection Agency to collaborate on "common sense regulations" along with developing awareness and education programs to gain acceptance of new technologies.
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| Cattle Market Under Pressure as Corn Plantings Continue to Struggle, Adding to Price Weakness
Katelyn McCullock, director of the Livestock Marketing Information Center out of Denver, Colorado. She talks about the one thing the cattle industry needs to pay attention to is the 2019 corn crop. Producers have been struggling to get the crop planted this spring due to excessive moisture and persistently wet conditions.
"I think a lot of this is playing into the corn market and what folks are seeing or not yet knowing is what corn acres are going to do and where that yield is going to end up," she explained. "That's pushing prices higher across the board and adding to some of the weakness here in the cattle market."
While the price of feed and corn continues to rise, the price of cattle continues to fall. McCullock says, until the industry can get a handle on what this year's corn crop will actually look like in terms of planted acres and forecasted production.
You can listen to the whole conversation between Katelyn McCullock and I on the Beef Buzz - here.
Formidable Weather Creates Potential Opportunities for US Wheat Market Both Domestically, Globally
Earlier this week the USDA released its latest Crop Production report, in this report the agency increased the predicted size of the 2019 Oklahoma Winter Wheat Crop, estimating it at 111 million bushels based on 3 million harvested acres and a 37 bushel per acre yield. This would mean this year's crop would be 58 percent larger than the seventy-million-bushel crop produced by Oklahoma farmers in 2018. Executive Director of the Oklahoma Wheat Commission Mike Schulte said that he concurs with the USDA's estimates to Radio Oklahoma Ag Network Associate Farm Director Carson Horn.
"I think that they are probably right in line with what we're seeing," he remarked. "No doubt, predictions of the crop are a little bit more than what they were this time last year given the drought conditions that we were coming out of."
Schulte adds that concern continues to mount in the marketplace over the ongoing struggle to plant corn. He is a little more optimistic now than he was a month and a half ago.
You can listen to the entire conversation between Mike Schulte and Carson Horn, by clicking or tapping here.
| Cattle Producers Advised to Examine Their Livestock for Signs of Foot Rot as Wet Weather Persists
The excessive amounts of rainfall that have inundated parts of Oklahoma over the past few weeks is a warning sign for cattle producers to keep an eye out for lameness in their animals.
"Lameness is the first sign of foot rot, an acute and highly infectious disease," said Dr. Barry Whitworth, Oklahoma State University Cooperative Extension veterinarian and food animal quality and health specialist.
The damage of the skin that causes foot rot can be from puncture wounds or abrasions or continuous exposure to wet conditions. Both claws will be infected if it is foot rot, if only one is infected it is likely something else.
You can read more about what to look for when examining your cattle, by clicking or tapping here.
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