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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 Ron Hays 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.
At the Oklahoma National Stockyards, feeder steers traded 2.00-4.00 higher and feeder heifers traded as much as 6.00-7.00 higher. Steer and heifer calves not well tested.
Click or tap here for the full USDA Market News Report.
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 slaughter cows sold steady to 2.00 lower and slaughter bulls sold 1.00 lower -
click here to see the full 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
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
Tuesday, August 27, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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Featured Story:
While the "devil is in the details," Director of International Trade and Market Access at National Cattlemen's Beef Association,
Kent Bacus, is "very excited" about the deal announced on Sunday by the US and Japan to move toward a trade deal between the two countries.
Bacus says the announcement "sets the stage for our negotiators to meet over the next few weeks to work out the details." He adds that for the beef cattle industry "holds a lot of promise movng forward." Bacus is hopeful that tariff levels will drop for
US Beef and match levels now enjoyed by competitors- including Australia, Canada and even Mexico. These countries have an eleven percent advantage in tariffs they are charged versus what is charged against US Beef- because they are all members of the revised
Trans Pacific Partnership that is now known as CPTPP.
Bacus reminds cattle producers that Japan is our number one customer in the international market- and that time is of the essence when it comes to getting this deal across the finish line and fully implemented- saying "getting it implemented as soon as
possible, because we have got to get on a level playing field with our competitors or we are going to start seeing significant losses in our most important export market."
You can listen to the entire conversation between Bacus and I regarding the announcement of the US-Japan Deal -
here.
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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.
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The US-Japan Trade Deal was announced earlier this week. And there are many grain and livestock groups celebrating the announcement.
Following the news of the US-Japan Trade Deal, U.S. Grains Council (USGC) President and CEO Ryan LeGrand, issued a
statement.
"The U.S. Grains Council is encouraged by the news of an agreement in principle between the U.S. and Japan on agricultural market access. While there are details yet to be worked out, lowering market access barriers with one of our most valuable and loyal
grain buyers is a critical win-win.
"Combined with reductions or eliminations in agricultural tariffs that coincide with those under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Japan Economic Partnership Agreement (EU-Japan EPA), a new agreement
with Japan will allow our farmers a level playing field with our competitors," LeGrand said.
U.S.
poultry and egg organizations welcome the announcement of a trade agreement between the United States and Japan, an achievement that stands to benefit the industry.
"Frozen chicken, turkey, and processed egg products will receive favorable tariff reductions enabling our products to compete more effectively with those of countries in the Trans-Pacific Partnership," the USA Poultry & Egg Export Council (USAPEEC), National
Chicken Council (NCC), National Turkey Federation (NTF) and United Egg Producers (UEP) said in a joint statement issued Monday.
"While this is just the first stage of a bilateral agreement, it is welcome news and we would like to thank President Trump, Secretary Perdue and Secretary Lighthizer for their work negotiating trade deals that stand to benefit U.S. poultry and egg products."
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In the latest Crop Progress Report, released Monday, August 26, 2019 by the United States Department of Agriculture, it is indicated that both the US corn and soybean crops have stayed relatively the same in their overall condition since the last report.
According to this week's report, corn conditions reportedly increased by one point from last week, in line with the average trade guess, down to 57% good to excellent condition. This is quite a bit weaker compared to where the crop was a year ago at this time
at 68%. Corn in the dough stage is reportedly at 71%, versus 55% last week but still well-behind the five-year average of 87%. Corn denting this week is rated at 27%, versus 15% last week and compared to the five-year average of 46%. Meanwhile, the US soybean
crop has increased in condition from 53% last week, up two points to 55% good to excellent. That's 11 points below last year's crop condition at this time last year when it was 66% good to excellent. Soybean blooming reached 94% this week, versus 90% last
week and the average of 99%.
Pasture and range conditions increased to 64% good to excellent nationally. Click
here to review the full USDA Crop Progress Report for the week of August 26, 2019.
Across the Southern Plains, pasture and range conditions continue to show signs of deterioration as well.
In Oklahoma, pasture and range condition this week in Oklahoma are reported at 12% poor to very poor, 41% fair and 47% good to excellent. Most of our spring planted crops are behind normal development- but continue to be looking pretty good,
based on the latest crop condition ratings. To review the full Oklahoma Crop Progress Report for this week, click
here.
In Kansas, pasture and range conditions rated 6% poor to very poor, 24% fair, 70% good to excellent. To review the full Kansas Crop Progress Report for this week, click
here.
Finally, across Texas, pasture and range this week rates 22% good to excellent, 35% fair and 42% poor to very poor. To review the full Texas Crop Progress Report for this week, click
here.
To sum up the current pasture and range condition here in the Southern Plains- here's the Good to Excellent Ratings for this week and the change from last week:
Oklahoma 47% -3%
Kansas 70% +5%
Texas 22% -2%
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Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published
electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Peel talks about the prospects for fall and winter grazing here in the southern great plains.
"By late August some wheat producers are looking ahead to fall and winter grazing prospects," Peel said. "Much of Oklahoma has received rain the past two weeks with amounts quite variable in different regions. It appears that available moisture and favorable
soil temperatures will support plans for early planted wheat for fall and winter grazing. Additionally, generally good fall native and introduced pasture conditions may provide more flexibility for fall grazing programs."
Peel says the feeder cattle markets are still nervous, after the Tyson plant fire and the current corn market condition. He says the cattle market should be bouncing back in the next few weeks when the Tyson plant fire leaves most minds. However, the future
of the corn market is still up in the air.
You can read more from Peel regarding the cattle markets and what to expect in the coming months,
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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Documents obtained by the Renewable Fuels Association (RFA) show that the Environmental Protection Agency (EPA) ignored strong recommendations from within the Trump Administration to redistribute Renewable Fuel Standard (RFS) blending obligations lost
to small refinery exemptions in the proposed rule for 2020 Renewable Volume Obligations (RVOs).
According to the documents, which detail the White House Office of Management and Budget's interagency review of the 2020 RVO proposal, some reviewers raised serious concerns about EPA's failure to redistribute exempted biofuel blending volumes to non-exempt
parties. Reviewers recommended that EPA include prospective redistribution of waived volumes in the 2020 proposal and also suggested a method for addressing a court order to restore 500 million gallons of blending obligations inappropriately waived in 2016.
In the end, EPA ignored these recommendations.
"The revelations in these documents will only exacerbate the outrage and anger in farm country over EPA's abuse of the small refinery waiver provision," said
RFA President and CEO Geoff Cooper. "The documents clearly show that EPA knowingly ignored strong recommendations from within the Administration to redistribute blending volumes that were exempted via small refinery waivers. EPA also disregarded
recommendations to address a court order to restore 500 million gallons of lost blending obligations from 2016."
Click
or tap here to read more from the RFA, regarding the EPA.
Growth Energy and biofuels producers
issued a statement following the statement from the RFA.
"Our members and farm suppliers need the White House to make this right," said
Emily Skor, CEO of Growth Energy. "The EPA must immediately repair the damage from abusive refinery exemptions and get lost gallons back into the marketplace before more rural communities lose hope for a comeback."
In their letter to President Trump, ethanol producers reinforced how important this issue is to rural communities where plants are closing each week and millions of bushels of grain are falling in value.
According to the letter, "...special exemptions have destroyed billions of gallons of U.S. biofuel demand. Many plants have idled production or shut their doors, and annual U.S. ethanol consumption fell for the first time in two decades...Each time a plant
idles production, farmers are notified that biofuel producers can no longer accept grain deliveries, and the impact has been devastating for communities already on the edge."
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Dr. Meredyth Jones is an associate professor in the food animal medicine and surgery division at the Veterinary Medical Hospital at the OSU Center for Veterinary Health Services. She offers the following overview of what biosecurity should
look like on a beef cattle operation.
"This summer, Oklahoma and the country dealt with a number of disease outbreaks, including Vesicular Stomatitis, anthrax, and Eastern Equine Encephalitis. As most beef operations include horses, both cattle and horses faced potential threats.
"Disease outbreaks highlight the critical importance of biosecurity procedures on every livestock operation. Biosecurity is procedures and plans designed to protect herds or populations of people or animals from diseases. We usually think of applying
these plans to protect against infectious and contagious diseases, but non-contagious diseases should also be considered.
"The introduction of any disease into a herd can cause devastating losses from impaired fertility to limiting growth and production to death losses. The most common approach taken by livestock producers to prevent these losses is vaccination. Vaccination
limits the impact of disease tremendously and is an important part of any biosecurity plan. However, there are many more approaches that should be taken along with vaccination, which are highlighted by outbreaks of diseases like Vesicular Stomatitis, for which
there is no vaccine."
To read more from Jones regarding biosecurity for a beef cattle operation,
click or tap here.
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The United Sorghum Checkoff Program, in coordination with the U.S. Grains Council (USGC), Kansas Grain Sorghum Commission and Texas Grain Sorghum Producers Board, is hosting international grain buyers from eight countries who are currently purchasing
or are interested in U.S. grain sorghum. The Export Sorghum event is a one-day, educational conference in Dallas,Texas, where buyers will learn more about sorghum markets, trade opportunities, contract negotiation, logistics and U.S. sorghum production.
"The Sorghum Checkoff is pleased to provide this one-of-a-kind event as exports serve as the largest market for U.S. sorghum," said Florentino Lopez, Sorghum Checkoff executive director. "Export Sorghum serves as our opportunity
to share the value of U.S. sorghum in new ways with potential buyers and continue fostering existing relationships."
Following the conference, several teams will tour parts of the U.S. to experience sorghum production and the value chain firsthand while developing relationships with U.S. sorghum farmers and suppliers.
"Bringing members of each part of the sorghum value chain together is key to our mission of developing markets, enabling trade and improving lives," said USGC President and CEO Ryan LeGrand. "The Council is pleased to be
working with the United Sorghum Checkoff Program to develop relationships that promise to improve the flow of sorghum globally for U.S farmers."
Click
or tap here to read more about the Export Sorghum Event.
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And FINALLY- FFA Members- If You Are Thinking About a Speech on Climate Change- Read THIS
If you are thinking about Climate Change and how Farming and Ranching relates- I have an article that will give you lots of excellent talking points- here's the first few paragraphs and then we will give you the link for the balance of the article-
Animal agriculture is causing greenhouse gas (GHG) emissions to rise, say critics, and if we're serious about tackling climate change then we need to cut red meat from our diets and switch cow's milk for nut juices in our tea.
It's an argument that's gained a significant amount of traction, with more and more people adopting vegan diets in response to repeated reports -
including from the United Nations - that livestock are a major contributor to the world's environmental problems.
But while animal agriculture is by no means blameless in the global warming debate, it seems the industry's impact on the environment is not as significant as critics suggest.
Air quality expert Frank Mitloehner, professor of animal science at UC Davis in California, says the real problem the livestock sector faces is convincing consumers and policy makers that animals aren't the bad guys
of the global warming challenge.
To read more-
click or tap here- whether you are writing a FFA Speech for 2020- or want some great understanding of how animal agriculture really is a part of the climate change scene- take a few minutes and give it a read.
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Our thanks to Midwest
Farms Shows, P
& K Equipment, AFR
Insurance, Oklahoma
Farm Bureau, Stillwater
Milling Company, National
Livestock Credit Corporation, Oklahoma
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 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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