Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 1/9/2020, 6:18 AM
To: ron@ronhays.com



 
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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!  
MarketLinks


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.


OKC West ended up with 13,191 for their Tuesday/Wednesday sale this week- Compared to the last sale 12-17/18-2019: Feeder steers traded mostly steady to firm, feeder heifers sold 3.00-5.00 lower. Demand good, especially for heavier weights. Steer and heifer calves calves that were weaned and had shots sold 3.00-6.00 higher. Demand good to very good as many new buyers were in the stand and aggressive to fill wheat pastures. Click or tap here for the final report from USDA Market News.


FedCattleExchange.com offered 525 head of cattle with 0 head actually selling in their Wednesday, January 8th sale of finished cattle - click here to review the complete sale report. 
 

It's Day Two for the Superior Livestock Market Bellringer Sale- Click here for all the details- Superior Sunrise starts at 7:30 AM and the Auction Starts Promptly at 8 AM Centrail- Sale will feature weaned calves today.

 
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:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture on Wednesday, January 8th.
 
  
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
 
KC Sheperd, 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, January 9, 2020

Howdy Neighbors! 

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

U.S. pork exports posted the best month on record in November, easily reaching new highs in both volume and value, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). November exports of U.S. beef were below the previous year's large totals.


Pork exports surged to 259,812 metric tons (mt) in November, up 26% year-over-year and 11% above the previous high set in July 2019. Export value was $712.7 million, up 32% from a year ago and breaking the previous record (also from July 2019) by 14%. These results pushed January-November exports 7% above the previous year's pace in volume (2.39 million mt) and 6% higher in value ($6.19 billion). Pork exports are now on pace to exceed previous records for both volume (2.45 million mt in 2017) and value ($6.65 billion in 2014).


Pork export value per head slaughtered was $62.90 in November, up 29% from a year ago and the highest in five years. Through the first 11 months of 2019, per-head value averaged $52.24, up 2% year-over-year. November exports accounted for 29.7% of total pork production and 26.8% for muscle cuts only, up substantially from a year ago (24.5% and 22%, respectively). For January through November, exports accounted for 26.4% of total pork production and 23% for muscle cuts, up from 22.4% and 25.7%, respectively, a year ago.


Click here to read the entire numbers for U.S. exports in November 2019. 


Sponsor Spotlight


Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.


 
Gov. Kevin Stitt, Congresswoman Kendra Horn and Oklahoma Secretary of Agriculture Blayne Arthur are three of the headlining leaders scheduled to speak at the upcoming Oklahoma Farm Bureau Leadership Conference Feb. 17-18 at the Embassy Suites Hotel near downtown Oklahoma City.


The two-day conference also will feature a panel of candidates for Oklahoma's Fifth Congressional District, along with state and federal agricultural policy updates and organizational updates. Members will have an opportunity to visit with state leaders and lawmakers during a reception Monday evening and at the state Capitol on Tuesday afternoon.


You can read more about the upcoming OKFB Leadership Conference and its speakers, by clicking or tapping here


I talked with Steve Swaffer about the 24th Annual Winter Conference for No Till on the Plains coming up later this month, "We really try to put out information and have speakers available for our attendees that are producing some of the best information, and the best results on their farms. From implementing soil health systems and producing crops that are healthy and productive and helping the bottom line, just as much as anything."


This event has been held previously in Salina. Swaffer says the event came about because producers wanted soil health help, "24 years ago, a group of producers who were disturbed by the amount of soil they were losing off of their field, tried to put together a group of speakers and experts that could help producers understand how the basic switch to no-till farming could help them reduce their soil erosion losses, and eventually that would result in better crops and better profits on their farms.


And in the last 24 years that that simple system of switching to no-till has now evolved into a complete soil health system that includes crop rotation, includes cover crops, includes water management, and livestock integration. So now it's a complete system of farming that is no-till is just a part of it."


Click here to listen to the whole conversation between Swaffer and I regarding the 24th annual Winter Conference of No Till on the Plains. 


On the latest episode of the Southern Plains Podcast, It's a new year and we have a new podcast episode! We start off 2020 on the podcast by visiting with Cheryle Cheadle, Volunteer Coordinator for the Blue Thumb Program at the Oklahoma Conservation Commission. Cheryl talks to us about the Blue Thumb water quality education and monitoring program in Oklahoma and the role it plays in conservation's effort to help address water quality issues and improve soil health.


Click here to jump over to our website to listen to the entire podcast. 


Sponsor Spotlight

 
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- "Improving the Lives of Rural Oklahomans."  Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.

Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.


CHS Inc. (NASDAQ: CHSCP), the nation's leading agribusiness cooperative, today reported net income of $177.9 million for the first quarter of fiscal year 2020 that ended Nov. 30, 2019. This compares to net income of $347.5 million in the first quarter of fiscal year 2019.


"We are not immune to the challenges of our industry, and our first quarter results reflect the difficulties brought on by fall weather and ongoing trade tensions," said Jay Debertin, president and CEO of CHS Inc. "The cooperative system, however, provides CHS and its owners stability to withstand these difficult times. Our focus remains on building efficiencies in our supply chain and on operating in this challenging agricultural environment.


"During a cold and wet harvest, we leveraged our supply chain to meet the significant increase in propane needs of our owners and customers," Debertin continued. "Our focus on meeting the needs of our owners helped deliver the successful launch of two products - Acuvant™ and Trivar™ - that will be available for spring planting.


You can read more from CHS regarding their net income for the first quarter, by jumping over to our website


As 2020 began, the trade deal with Japan puts U.S. Beef on level footing with beef coming from other countries that are importing into Japan. But there is another deal that started on January 1 that will also be good news for U.S. Beef headed for the European Union. This is the quota that was initially set up for the United States, in return for us stopping the imposition of tariffs against the European Union because of their failure to allow our beef into the E.U. over their phony hormone ban for years and years. This battle over U.S. beef into the European Union stretches back to the 1980s.

When it was first established, the United States was using most of the quota for themselves; however, at the time it was established, it was not an U.S. exclusive quota. Over the years, at other beef producers have seen the opportunity to sell into the European Union and have met the standards- they have taken quota away from the United States. Now, this new deal between the Trump administration and the European Union means at least a portion of the quota will be exclusively U.S. 



Erin Borror, Economist for the U.S. Meat Export Federation, says it's a guaranteed quota for U.S. Beef into the E.U. "Yes, absolutely. It is a very important market, as it is a niche market, but critical, high value, lots of growth potential. So yes, we're looking at a U.S. specific share of this quota. It starts at 18,500 tons this calendar year, and it grows to 35,000 tons over the seven years. So that is out of a total of 45,000 tons, which had been increasingly dominated by our competitors. We were squeezed down to, you know, close to 20% market share. And it was not a sustainable agreement and so, fortunately, USTR and the European commission did reach an agreement to give us an U.S. share. And this U.S. specific share essentially allows us to grow by about 25% during year one and then another 25% next year because it jumps to 23,000 tons in 2021.


You can listen to the entire conversation between Borror and I on Wednesday's Beef Buff - here


Federal Communications Commission Chairman Ajit Pai presented his colleagues with final rules on Wednesday to launch the new $20.4 billion Rural Digital Opportunity Fund. The rules, which will be voted on by the Commission at its Open Meeting on January 30, would establish a two-phased process to provide funding for the deployment of high-speed broadband in areas of the United States where there is currently not fixed broadband service that meets the Commission's minimum speed standard (25/3 Mbps).

Phase one would involve the use of $16 billion of the money- and would be targeted at areas with virtually no broadband service at this time- Phase two would help fill in the holes where some people have good connectivity- and others in that same area do not. 

A farm organization that we seldom quote has quickly released a statement calling this "an incredible win for our rural communities."  That group is The Grange- and their President Betsy Huber says "This is an excellent way to continue to move the needle and ensure that every American can reliably and affordably compete in a global marketplace through access to real-time market data, web-based business initiatives and more. They can access information and educational resources to be more competitive in the job market and engaged as citizens. They can fill the gap in certain health services by accessing telehealth initiatives, and so much more."

Click or tap here to read more from the news release from the FCC

To read the complete proposal that will be voted on by the FCC on January 30th- click here.

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, 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 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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