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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.
At OKC West in El Reno weaned steer and heifer calves traded mostly steady to firm, all other lots sold with a slight lower undertone - click here to review the complete sale report from the USDA.
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:
Futures Wrap:
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
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, October 23, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:
The U.S. Department of Agriculture's Farm Service Agency (FSA) in Oklahoma is processing $81,363461 in Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) payments for the 2018 crop year. Additionally, Oklahoma FSA will distribute $19,905,411 in Conservation Reserve Program (CRP) rental payments to landowners to support voluntary conservation efforts on private lands.
"Our safety net programs help provide certainty and stability to Oklahoma farm families affected by fluctuating market prices," Scott Biggs, State Executive Director in Oklahoma said. "When reviewing payments, it's important to remember that ARC and PLC payments by county can vary because average county yields will differ."
FSA began processing payments for 2018 ARC-County (ARC-CO) or PLC on covered commodities that triggered payments on enrolled farms in the 2018 crop year. FSA anticipates issuing more payments in November once USDA's National Agricultural Statistics Service publishes additional commodity prices for the 2018 crop.
Click here to read more from FSA regarding the payments for Oklahoma farmers.
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Sponsor Spotlight
The Oklahoma Pork Council is a producer organization representing the interests all of pork producers throughout Oklahoma.
Pork Farmers in Oklahoma recognize our obligation to build and maintain the trust of customers and the public in our products and our practices. To promote confidence in what we do and how we do it, we affirm the following ethical principles: food safety, animal Safety, environment, public health, employee care and the communities in which we operate.
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Since the 2018 Farm Bill removed hemp from the Controlled Substances Act, the agriculture industry has been inundated with interest in and information about industrial hemp. Some of the information has indicated a large financial upside for the broadening industry. Producers responded, as hemp acreage in the U.S. tripled from 2017 to 2018. However, CoBank's Knowledge Exchange division warns that false, outdated, biased or even contradictory information can make it difficult to navigate in this industry.
In its latest report, CoBank's Knowledge Exchange division provides a foundation for understanding some of the key nuances of this growing market and highlights key risks and opportunities. Nine risks or uncertainties that face the hemp industry are identified and assessed on a low to high risk scale for each of hemp's three crops and markets: fiber, grain/seed and CBD production.
"It is important when talking about the risks and opportunities of hemp to recognize that we are not talking about just one type of crop, and that opportunities and risks should be evaluated case by case," said Crystal Carpenter, specialty crops analyst with CoBank's Knowledge Exchange division.
You can read more from CoBank regarding the risks and rewards of hemp production, by clicking or tapping here.
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Yesterday, U.S. Representatives Dusty Johnson (R-S.D.), Frank Lucas (R-OK), and Liz Cheney (R-WY), introduced the Livestock Risk Management and Education Act, a bill that would provide grants to certain state land-grant universities to better equip livestock producers with risk management training.
The Livestock Risk Management and Education Act would authorize the National Institute of Food and Agriculture (NIFA) to provide resources to improve livestock producers' knowledge of futures markets to better manage market volatility. An understanding of futures contracts and risk management strategies will allow producers both large and small to better anticipate cattle prices. This new authority would allow land-grant universities, such as South Dakota State University, to partner with grower associations to more directly reach producers.
"While we've seen tremendous signs of a strong economy- witnessing record declines in unemployment and rising wages across America- sadly, our nation's farm industry continues to face challenging times, leaving our producers vulnerable to disruptions provoked by market instability and other factors," said Rep. Frank Lucas.
Todd Wilkinson, South Dakota cattle producer and NCBA Policy Division Vice Chair, released a statement in response to the introduction of the Livestock Risk Management and Education Act by U.S. Rep. Dusty Johnson (R-S.D.):
"NCBA applauds Representative Dusty Johnson's introduction of the Livestock Risk Management and Education Act yesterday on the House floor. This legislation will provide boots-on-the-ground cattle producers with critical resources and opportunities to increase their understanding and engagement with risk management tools. This bill speaks directly to our core values as an industry - arming producers with the latest farm management resources and tools in order to help them navigate ever-changing and dynamic market conditions.
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Buyers know your calves by their history and connect that to your name. Sometimes it's all they know about you, good or bad. With a "good name," you can make deals by phone, sealed with a handshake. Not preparing or knowing how calves perform after weaning keeps a lid on sale prices.
"It takes several years to build your reputation," says Bo Bevis, an agent for Northern Livestock Video Auction in Montana and buyer for Lamberton (Minn.) Stockyards.
To the south, Joplin (Mo.) Regional Stockyards co-owner Jackie Moore says, "The cattle speak for themselves and the producer. After cattlemen get into a routine, the buyer sitting there has most likely been purchasing your calves for a long time."
Livestock auctions are the traditional way to market you cattle. At a basic level, you can load them up and take them to town a day or hours before the sale and wait for your check. Anyone can sell there, and it may be the only option for small operations or groups of uneven calves.
You can read more about how your name is connected to your cattle at sale time, by jumping over to our website.
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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.
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National Sorghum Producers have announced a partnership with the U.S. Department of Agriculture Natural Resources Conservation Service in Kansas. The partnership will be executed through a conservation collaboration grant that will document sorghum farmer practices to promote positive conservation outcomes and quantify the environmental footprint of the crop.
"Sorghum farmers in Kansas and across the nation have long been good stewards of the environment around them," said NSP CEO Tim Lust. "Today, we will continue documenting this fact and work to understand how we can improve even more. With 74 percent of sorghum grown using conservation tillage and 91 percent receiving no supplemental irrigation water, improvement is a tall order, but we believe our farmers are up to the challenge."
"One-third of the U.S. sorghum crop is used to produce fuel ethanol, which receives a premium for lower carbon intensity scores in certain markets," he said. "This makes demonstrating sustainability and continuous improvement at the farm level extremely important."
Click here to read more from Lust regarding their partnership.
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South Dakota rancher Todd Wilkinson testified before the Environment & Public Works Subcommittee on Clean Air and Nuclear Safety during a hearing held this past week on reducing emissions while driving economic growth and industry led initiatives. It was a chance he said, for members of the cattle industry to beat their chest and let people know that they are not part of the problem when it comes to climate change, but rather part of the solution.
"The most glaring statistic that producers need to talk about it the fact that in the 1970s, we had a third more cows than we do now and yet today, we're producing as much beef as we did then. That certainly is changing our footprint on American in a positive way," he said. "America's beef production is ten to fifty times less carbon-intensive than the rest of the world. So, we've got a message we can say to those that are looking at the carbon issue."
Wilkinson, who serves as the vice chairman of the National Cattlemen's Beef Association Policy Division, used his opportunity to offer the Senators testimony as a chance to correct the misconceptions people are being told about beef production and its environmental impact. Despite what some would have you believe about the industry, beef production in the US is actually as actually about as close to mimicking nature as you can get, he said comparing today's cattle herd to the buffalo herd that used to roam the Great Plains.
You can listen to the entire conversation between Wilkinson and I on Tuesday's Beef Buzz - here.
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Four auctions were held this past week for one of the annual rituals of fall in Oklahoma- the live auction of about 20% of the total leases that are awarded to bidders of the land owned by the State of Oklahoma. The land is leased for five year contracts- and today continues the fall lease auctions- today in Lawton, Oklahoma.
The Lawton auction covers leases found in Comanche, Cotton, Grady and Stephens Counties. The sale is happening at the Great Plains Tech Center in Lawton- starting at 10 AM.
Click or tap here to learn more about the full lineup of lease auctions planned- and click here to listen to Carson's conversation from a few weeks back with the Acting Commissioner Brandt Vawter.
By the way- tomorrow's auction will be happening in Burns Flat- featuring tracts of land to be leased in Caddo, Washita, Kiowa, Roger Mills and Greer Counties.
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Pork Council, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Oklahoma Ag Mediation Program, Inc., 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 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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