Subject: Oklahoma's Farm News Update
From: Ron Hays <>
Date: 7/1/2019, 5:05 AM

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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.

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 futuresclick or tap here for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture on Friday, June 28th.
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network - analyzing the Futures Markets from the previous Day.
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.

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
   Monday, July 1, 2019

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
One Featured Story:

The USDA issued its June 1 Acreage and Stocks Report on Friday morning of this past week. USDA is estimating that U.S. farmers planted 80 million acres of soybeans, down 10 percent from last year. That number represents the lowest soybean planted acreage in the United States since 2013. Compared to last year, acres planted to soybeans are down in all 29 reporting states.

Corn planted area came in at 91.7 million acres, three percent higher than last year. The all-wheat planted area for 2019 is estimated at 45.6 million acres, five percent lower than 2018. Cotton acreage is estimated at 13.7 million acres, down three percent from last year. HOWEVER- 16.7% of the 91.7 million acres was still intended during the survey period of the roughly the first two weeks in June. That is 15.5 million acres- and it's hard to imagine that all of those acres will end up being planted. 

Dr. Scott Irwin of the University of Illinois says of that late intention to plant- "There is always some part of reported planted acreage in June that is still in the intended category. But notice it is TEN times larger for corn in 2019 than it was in 2018."  Dr. Irwin adds "My conclusion then is that 91.7 million acres is the absolute upper bound on planted corn acres in 2019, and there is a high probability that true planted acreage is a good bit lower after we get a proper accounting for prevent planting."

As for the soybean number- Dr. Irwin says it may end up being even the bigger story- "The soybean planted acreage data are really just mind boggling. 41.2% of the reported 80 million acres of total soybean planted acreage was still intended as of the survey period for the report. THAT IS 33 MILLION ACRES. Same question for soybeans as corn but the amount is staggering for soybeans. How much of the 33 million acres of soybeans still intended during the survey period will ever actually end up planted."  Dr. Irwin says he realizes that farmers were planting as the survey data was being collected and has been planting since then- but he believes five million acres of that 33 million may well end up not getting planted in 2019- making the soybean number even lower than what USDA projects.
Economist Arlan Suderman also weighed in on Twitter that "Soybeans provided the surprise, coming in at 80 million acres, down from 84.6 million in March and below trade expectations of 84.3 million. Farmers were already giving up on soybeans, wanting desperately to get corn planted instead."

Check out the numbers in the full report released last Friday, here.

Sponsor Spotlight
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.

Farmers can expect a little more flexibility in their cover crop management moving forward. According to a release from theUSDA, the 2018 Farm Bill mandated changes to the treatment of cover crops for USDA programs with new considerations on things such as when cover crops must be terminated while remaining eligible for crop insurance. USDA's Farm Service Agency (FSA), Natural Resources Conservation Service (NRCS) and Risk Management Agency (RMA) developed new guidelines and policy provisions to enact these changes, which will be available beginning with the 2020 crop year.

"USDA is working to quickly implement the 2018 Farm Bill to better serve our customers," said Bill Northey, USDA Under Secretary for Farm Production and Conservation. "These new guidelines are not being issued as a result of the current nationwide weather issues, but will provide more flexibility for our customers who want to plant cover crops to meet their production and conservation goals for their farms."

Under these new guidelines, producers will now know up front that insurance will attach at time of planting the insured crop. Northey says cover crop management practices will now essentially be treated like all other farming decisions such as fertilizer application, seeding rates, and tillage practices.

Click here to read more about the changes being made.

Last week during the OYE Summer Spectacular in Stillwater, okPORK Executive Director Roy Lee Lindsey spoke to the group of junior livestock exhibitors about some habits and general practices they should adopt to improve the biosecurity of their farms and better protect the health of their animals.

No doubt, biosecurity has always been front of mind for exhibitors and show administrators alike. However, we recently had a brush with a true biosecurity threat here in Oklahoma during this past OYE in Oklahoma City over Spring Break when an outbreak of PEDv was discovered at the OKC State Fairgrounds. It is believed that a majority of the animals at the show were exposed to this disease. Fortunately, it proved to be much less a concern than it could have been. However, it certainly served as a good reminder of just how important good biosecurity practices are.

At last week's all-species show clinic, Lindsey shared some of his top tips with the youth participants that they can take responsibility for themselves to ensure they are doing their part to protect the health of their animals and everyone else's when competing at a livestock show. He shared some of those ideas with our own Carson Horn. To hear Lindsey walk Carson through that list of suggested best practices, click over to our website.

Last week, the National Cattlemen's Beef Association launched a media campaign urging Congress to pass the U.S.-Mexico-Canada Agreement (USMCA). The campaign features personal stories from cattle and beef producers across the country who want Congress to ratify the USMCA as quickly as possible.

"The USMCA keeps the highly successful framework for U.S. beef trade in place and preserves access to two of our largest export markets," said NCBA President Jennifer Houston. "Cattle producers need certainty with Canada and Mexico so that we can continue to build on 25 years of duty-free, unrestricted trade in North America." 

Unrestricted, duty-free trade under USMCA will continue to allow U.S. cattle and beef producers to capitalize on growing demand in lucrative markets in Canada, Mexico, and around the world. Click here for more details about this campaign or to check out the associated website which is updated weekly with new content.

Sponsor Spotlight

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.

The latest Quarterly Rural Economic Review from the CoBank Knowledge Exchange Division indicates that global economic development continues to slide as tariffs drag on global trade and manufacturing. Trade disputes still loom between the U.S. and China, the EU, Japan and Mexico, and progress has been slow, with no major trade victories yet.

The report states that the U.S. economy has been performing well, but there are warning signs despite impressive GDP growth in Q1 at 3.1 percent. Much of the growth was supported by an increase in inventories as companies braced for an escalation in the trade war with China. The pace of investment spending, manufacturing, and demand for capital goods have all eased in recent months, and the slowdown trend is widely expected to persist through the remainder of the year. 

Financial stress for many in agriculture continues to build amid unprecedented uncertainty from trade disputes and weather disasters. Nearly all sectors of agriculture were affected last quarter by the inundation of spring rains that kept farmers out of fields throughout the U.S. The amount of acreage lost to prevented planting will remain the major unknown in the months ahead for ag commodities markets. Federal aid of $16 billion for additional trade relief and $3 billion for disaster relief, will help soften the blow for farmers, but not ag retailers.

Click here to read a complete summary or the full report itself on our website.

Established nearly 30 years ago, the Beef Quality Assurance program, was the beef industry's answer in addressing quality concerns present at that time. Initially, the program was meant to educate producers on best practices relevant in cattle handling for the purpose of reducing the incidents of injection site lesions when administering vaccinations. Today, thanks to an undisputed record of measurable success, the program continues and has evolved with the industry over the years to address other areas within modern beef production where further improvements can be made, such as cattle health, biosecurity and transportation.

Chase DeCoite, director of the BQA program for the National Cattlemen's Beef Association, sat down with us recently to talk about the BQA and its continued success as it has evolved into what he describes as a "total cattle management program."

"We've learned that from the way you handle your cattle to how you use those cattle health products and the records you keep, can improve meat quality," DeCoite said. "It's very impressive how the industry has really wrapped its arms around BQA and adopted those practices."

DeCoite says it is not just for producers either - consumers appreciate the program too because it instills in them confidence toward the US beef industry and products they purchase.

To listen to our complete conversation over the success of the BQA program, from last Friday's Beef Buzz - click here.

Today is the last day that the Oklahoma Cattlemen's Association will accept entries for its first ever Ranch Rodeo National Anthem Singing Contest.

The contest will determine the singer of the National Anthem at the Friday night performance of the OCA Ranch Rodeo on Aug. 23, 2019 at the Lazy E Arena near Guthrie, Okla.

The deadline for entry is TODAY - July 1. The top three finalists will be selected followed by online voting that will determine the winner. To enter, contestants must complete an entry form and submit a video performing the National Anthem (solo and a capella only). To acquire an entry form or to learn more about the OCA Ranch Rodeo, click here.

CattlewomenCongrats to the Oklahoma Cattlewomen as They Visit with the Governor

The Oklahoma Cattlewomen got some time with Governor Kevin Stitt this past week- Presenting the Governor with a tray of Oklahoma's State Steak, the Ribeye!! 

This was a visit that was originally scheduled for earlier in June- but it finally happened and the Governor was beaming as he got a chance to meet and greet the Cattlewomen, led by President Ruth Coffey, and to check out a platter of some of the best beef anywhere- Oklahoma produced Ribeyes.

Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance,  Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit CorporationOklahoma Beef Council, Oklahoma AgCredit, 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 also appreciate our Market Links Sponsor - OKC West Livestock! 
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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