Category: Ag News

Fri, 07 Oct 2022 12:08:41 CDT

Click here: that decision

After a recent Kenyan governmental task force recommendation regarding genetically modified organisms (GMOs) and food safety, this week, Kenya’s president, William Ruto, …

Fri, 07 Oct 2022 11:05:44 CDT

Click here to listen to audio

KC Sheperd, Farm Director, is visiting with Bob Rodenberger, a partner with Stockman Oklahoma Livestock Marketing, as he talks about this week’s cattle market conditions.

“We started out with bigger-than-average runs this time of year,” Rodenberger said. “Of course, our cow runs are bigger everywhere.”

On Monday, Rodenberger said the market was a couple of dollars cheaper for feeder steers going straight to the feed yard. Stocker cattle, Rodenberger added, are under pressure.

“There is a big gap in the very front-end calf to just the average calf, price-wise,” Rodenberger said. “There is a gap between the front-end calf that has had all the bells and whistles 60 days weaned, but that same calf that is just like him without all the bells and whistles if all the quality is there- there is a difference. Not the difference we have seen back in the spring. Right now, it is just finding somebody that wants one and has a place to take one.”

In the last two weeks, Rodenberger said we have taken every bit of 20 to 25 dollars off calves coming off cows weighing under 650 lbs. and there is nowhere to put them. The grow yards are full, he added, and it is difficult to find somebody who wants to take them.

Rodenberger said if we can get some rain, there can be some late wheat grazing, but that will need to happen promptly. Wheat is all over the board, he added.

“Killing cows are 10 dollars cheaper, 15 dollars cheaper than they were two weeks ago, and that is not going to change,” Rodenberger said. “Cow runs are large everywhere.”

From 2019 through 2021, from June through September, Rodenberger said around 4,000 cows were sold on average.

“In 2022 at this time from June to September, we are at 11,000 cull cows,” Rodenberger said. “That is how much we have ramped up the culling stage. It is bigger in different parts of the state.”

With these dry conditions, Rodenberger said the culling of the cows is not going to change.

“We know from January through August next year, the availability of stockers is going to be down considerably,” Rodenberger said. “That doesn’t mean they are out of the system; they are just not going to be available for the buyers because they are already in a grow yard or in the second or third hands that are going to put them somewhere in a feed yard in a timely fashion.”

A very small percentage of the industry that has pivots, silage, and personal grow yard facilities, Rodenberger said, is buying and weaning calves and holding them over.

“I do not think that we are going to start buying back cows in April,” Rodenberger said. “We have got to get to April to know if we are going to get rains to have hay to cut for next year. We have got to rebuild the whole process from the grass to the cow.”

Click the LISTEN BAR below to listen to KC’s full conversation with Bob Rodenberger about the current cattle markets.

Fri, 07 Oct 2022 10:05:18 CDT

The U.S. Grains Council (USGC) is sponsoring 21 trade teams made up of agricultural product importers, government officials and agribusiness leaders from more than 50 countries in support of the Council&rsqu…

Fri, 07 Oct 2022 09:18:21 CDT

There is a new blog post out at the Southern Plains Perspective by Clay Pope talking about drought in the Southern Plains. Read Below!

Dry Dry Dry Dry Dry Dry Dry Dry Dry Dry….

That’s the b…

Fri, 07 Oct 2022 09:11:58 CDT

During the Livestock Marketing Association’s (LMA) annual D.C. Fly In, Retired Senate Agriculture Committee Chairman Pat Roberts (R-KS), Senator Roger Marshall (R-KS), and House Livestock Subcommittee Chairman Jim Costa (D-CA) received the Friend of the Livestock Marketing Industry award for going above and beyond in their legislative service on behalf of the livestock marketing industry. This is the first time in more than 20 years that LMA has given the award. It is the first time legislators have been award recipients.

“It takes true leadership and quite a bit of grit to be a leader in livestock policy,” said Chelsea Good, LMA Vice President of Government and Industry Affairs and Legal. “LMA has been blessed by the leadership of Senators Roberts and Marshall and Representative Costa. They roll their sleeves up, dig into the details, and are willing to stand up for what is right.”

Sen. Roberts is the only individual to chair both the House and Senate agriculture committees. He remained true to his Kansas roots throughout his forty years of serving in Washington D.C., prioritizing the interests of the livestock sector. In fact, he was known to some simply as the “Farm Guy.”

In the 115th and 116th Congresses, Sen. Marshall, who was serving in the U.S. House of Representatives at the time, partnered with Rep. Costa to lead the Securing All Livestock Equitably (SALE) Act. The SALE Act, which passed into law, created a Dealer Statutory Trust. The Dealer Statutory Trust helps to provide sellers of livestock with payment protection during dealer payment defaults. Modeled after the Packer Statutory Trust, the Dealer Statutory Trust gives unpaid sellers of livestock (producers, livestock auction markets, and other dealers) first priority in unpaid-for livestock or, if the livestock have already been resold, the proceeds and receivables from those livestock. Dealer Trust was a top priority for LMA.

Both Marshall and Costa continue their service to Congress and the livestock industry. Rep. Costa is Chairman of the House Agriculture Committee’s Subcommittee on Livestock and Foreign Agriculture. Sen. Marshall, who has served in the Senate since 2021, is a member of the Senate Committee on Agriculture, Nutrition, and Forestry.

“The state of Kansas, and livestock industry as a whole, greatly appreciate the tremendous service of Chairman Pat Roberts,” said Dan Harris, owner of Holton Livestock Exchange in Holton, Kan. and LMA Board Member. “Chairman Roberts served well and was always a champion for competitive livestock marketing businesses like mine. I’m particularly proud of the Holton High School graduate and the impact he has made.”    

“Congressmen Costa has long been a friend of and advocate for the Livestock Marketing Association,” said Jake Parnell, manager of Cattlemen’s Livestock Market in Galt, Calif. and LMA Board Member. “His commitment to passing the Dealer Statutory Trust and helping Agriculture navigate the recent supply chain issue are just two examples of the congressman’s leadership within our industry. He has made the agriculture community a priority in his more than four decades of service and is beyond deserving of this award. We look forward to continuing our positive relationship and working with Congressmen Costa as he chairs the House Livestock Subcommittee.”

“It’s pretty cool to have a Senator whose first job was working out back at his local Kansas sale barn,” said Brody Peak, owner of Emporia Livestock Sales in Emporia, Kan. and LMA Board Member. “Senator Marshall really stuck to his guns in making sure Dealer Statutory Trust became law. Thanks to this, cattle producers and sellers now have payment priority in the event of a livestock dealer default, as they should.”

Approximately 50 LMA members and staff traveled to Washington D.C. for the 2022 LMA D.C. Fly In to meet with leaders on issues that matter to the livestock marketing industry. Priority topics included needed changes to the Packers and Stockyards Act to allow livestock auction owners to invest in small packers and to incentivize electronic payment for livestock. In addition to meetings on Capitol Hill, attendees also met with USDA officials and hosted briefings on Capitol Hill about the livestock marketing industry.

Fri, 07 Oct 2022 08:32:22 CDT

The U.S. Cotton Trust Protocol (“Trust Protocol”) is pleased to announce the membership of Ralph Lauren Corporation (“Ralph Lauren”) (NYSE:RL), an iconic luxury brand with an enduring…

Fri, 07 Oct 2022 03:44:37 CDT

Woodward Livestock Auction Feeder Cattle – Woodward, OK
Thu Oct 6, 2022

AUCTION
This Week              4,095
…

Thu, 06 Oct 2022 15:23:33 CDT

The U.S. Department of Agriculture and the Oklahoma Department of Agriculture are now putting the Daily Cash Grain Report into a PDF format – we are saving that PDF and archiving them for today’s specific report. To see today’s update, click on the PDF report link at the bottom of this story.

In addition to the PDF of the daily report, you can also listen to the Cash Grain Report by calling 405-621-5533. Push 2 for the grain report.

Click here: 04274_OklaCashGrain10062022.pdf

Thu, 06 Oct 2022 14:27:30 CDT

Click here to listen to audio

Listen to today’s report with Justin Lewis, by clicking or tapping on the LISTEN bar