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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 the Oklahoma National Stockyards
on Monday- it was estimated that there were 13,000 head of cattle on hand- Feeder steers 3.00-6.00 lower. Feeder heifers 4.00-7.00 lower. Steer calves 6.00-9.00 lower. Heifer calves 1.00-6.00 lower. Click or tap here for the full report from USDA Market News.
At OKC West
in El Reno slaughter cows sold steady to 5.00 higher, slaughter bulls sold 2.00-5.00 higher - click here
to review the complete sale report from the USDA.
Joplin Regional Stockyards
had 5,007 cattle for their Monday sale- Compared to last week, steers under 550 lbs steady, over 550 lbs 4.00 to 6.00 lower, heifers under 600 lbs steady to 3.00 higher, over 600 lbs 1.00 to 3.00 lower. Click or tap here for the complete report from USDA Market News
has 417 head of cattle on their showlist for their upcoming Wednesday, January 29th sale of finished cattle - click here
to jump to the website.
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:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
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|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Tuesday, January 28, 2020
| Featured Story:
In a decision that is expected to broadly impact the Environmental Protection Agency's approach to granting small refinery exemptions (SREs) under the Renewable Fuel Standard, the U.S. Court of Appeals for the Tenth Circuit late on Friday struck down three exemptions that were improperly issued by EPA.
The court ruling stems from a May 2018 challenge brought against EPA by the Renewable Fuels Association, the National Corn Growers Association, the American Coalition for Ethanol and National Farmers Union.
"We are extremely pleased with the Tenth Circuit's decision to vacate the waivers granted by EPA to three refineries owned by CVR Energy and HollyFrontier," said RFA President and CEO Geoff Cooper. "The Court has affirmed our long-held position that EPA's recent practices and policies regarding small refinery exemption extensions were completely unlawful. And while the decision addresses three specific exemptions, the statutory interpretation issues resolved by the court apply much more broadly."
"The Court's decision is welcome news for corn growers," said National Corn Growers Association President Kevin Ross. "Ethanol is an incredibly important value-added market for corn farmers, and EPA's waivers have reduced RFS volume requirements by more than 4 billion gallons over the past three years, impacting corn demand. We are optimistic this decision will finally put an end to the demand destruction caused by waivers and keep the RFS back on track."
Also cheering the ruling was Scott Blubaugh, President of AFR/OFU. "AFR/OFU applauds the Tenth Circuit Court's decision to strike down improperly awarded small refinery exemptions. We fully support NFU's involvement in the challenge and celebrate its victory.
"Oklahoma's corn and sorghum growers have been operating below cost of production for some time. It is our hope that this decision creates a more dynamic marketplace for producers-that it will increase demand and signal a boost in price corn and sorghum growers so desperately need."
Read more of the AFR/OFU release on the court decision by clicking or tapping here.
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.
The first of the year Cattle on Feed Report from USDA is out. I caught up with Extension Livestock Economist, Dr. Derrell Peel, to talk about what the numbers are telling us so far, "Well, the January cattle on feed report had placements in the month of December up 3.5% from a year ago. Marketing's in December of 5.3%, and that leads to a January one on feed total that's up 2.3% from one year ago."
Peel says none of these numbers were a big surprise, and that the marketing and placement numbers were pretty close to the levels a year earlier. According to the report, placement numbers were up, and the on-feed number was also a couple of percentage points above what we saw in 2019. Peel says we are approaching the peak, "You know we're approaching the peak cyclically in these numbers. Obviously, we're not quite there. We did have bigger placements in December, we had bigger placements for the two months prior to that, although you know earlier last year we had four months in a row where placements were down year over year. So there's some short term dynamics here from month to month adjustments, but overall what it says is that we do still have lots of cattle in the feedlot to work through. The placements in December, a good chunk of those increased placements were in the heavyweight category, over 1000 pounds. So that means those cattle will not be on feed for a long period of time, so we're going to have plenty of cattle coming at us here in the first quarter of 2020."
In the next few days, we will be expecting the Cattle Inventory Report. Peel says he has also put together estimates for that report, "So, for January 1, steers were up 1.3%, and that's actually a change. All of 2019 on a quarter by quarter basis, all four quarters of the year, steers on feed was down year over year. And of course, steer slaughter was down in 2019, but we knew there weren't less steers. The calf crop wasn't smaller last year is actually a tick higher than the year before. So this January 1 says yeah, some of those steers got waited until way late in the year, put in the feedlots, so they're in the feedlot right now. Heifers on feed were up 4%. It's been above for several quarters now, as we have slowed down heifer retention. This is kind of consistent with that idea. So all of that leads then to the idea that the cattle inventory numbers will confirm that we have probably peaked or really plateaued in cattle numbers. I have most of the inventory numbers from all cattle, cows, down just fractionally less than half a percent. Some people were estimating a little bit bigger drop than that. But the bottom line is, we're probably at, or slightly below, last year's levels and at a peak level for this particular stage of the cattle cycle."
You can listen to the entire conversation between Peel and I on Monday's Beef Buzz - here.
You can also read his analysis of the beef industry in this week's Cow Calf Corner newsletter, by clicking or tapping here.
John Sharp, chancellor of the Texas A&M University System, took the extraordinary step this past week of sending a public letter of complaint to Harvard University president Lawrence Bacow. At issue is what's been called an ongoing "food fight" between researchers at both institutions over whether or not it's healthy to eat red meat.
Sharp's letter cites a recent article in JAMA that accuses several Harvard public health researchers of trying to strong-arm another journal into pulling papers questioning longstanding guidance on beef consumption.
As these matters "undermine the values espoused by your institution," they "must be corrected immediately," Sharp wrote to Bacow. Meanwhile he said, "I can assure you that Texas A&M's research is driven by science. Period."
Click here to read more from Sharp regarding Harvard research.
Dr. Todd Baughman is the Weed Science Program Support Leader at the Institute for Agricultural Biosciences at Oklahoma State University. I caught up with him to talk about how producers should tackle weed control.
Baughman says you always want to give the crop a chance to jump out in front of the weeds, "Having a good residual program, upfront, right after you plant that cotton or soybeans or whatever the crop is. Giving that crop a chance to jump out in front of those weeds helps us tremendously from a competition standpoint. The other thing that we see is with a number of acres that most of our growers are farming, they're not able to get across those in a timely fashion, with say a post only program. So that pre-emergence gives them a wider window to come back and control some of those weeds that are up, and they can start earlier, and get finished on their farms before those weeds get out of control if they don't have that pre-up front."
Baughman says you always want to catch the weeds as small as you can because it gives you better control, "That's definitely the case, especially with our newer technologies. We go back to say the start of my career, we could basically no matter how big the weed was, we could control it with Roundup, or we can put enough applications of Round-up out there to get ourselves out of a bind. That's not necessarily the case even with these new technologies, timing is critical. And that's where those pre-emergent herbicides, give us more flexibility to make sure that we get them out there in a timely fashion.
You can listen to the whole conversation between Baughman and I regarding weeds for summer crops, by clicking or tapping here.
was founded in 1932 in Oklahoma City. National's Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures. National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation's premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today's producer. To learn more, click here for the website
or call the Oklahoma City office at 1-800-310-0220.
The U.S. Environmental Protection Agency and the Department of the Army fulfilled yet another one of President Donald Trump's promises by issuing the Navigable Waters Protection Rule on Thursday.
The rule establishes a new definition for Waters of the United States, or WOTUS, and clarifies the limits of federal control under the Clean Water Act. After 45 years of constant litigation and uncertainty, the Trump administration's new rule brings regulatory certainty to American farmers, landowners and businesses, and should significantly curtail the need to hire teams of attorneys to tell them how to use their own land.
In 2015, the EPA under President Barack Obama put forward a rule with a WOTUS definition that expanded Washington's reach into privately owned lands - a move that left Americans, including our nation's farmers, confused and uncertain about where federal jurisdiction ended and where the states' authority began.
Click here to read the entire Op-Ed by EPA administrator Andrew Wheeler.
The 2020 Alltech Global Feed Survey estimates that international feed tonnage decreased by 1.07% to 1.126 billion metric tons of feed produced last year, due largely to African swine fever (ASF) and the decline of pig feed in the Asia-Pacific region. The top nine feed-producing countries are the U.S., China, Brazil, Russia, India, Mexico, Spain, Japan and Germany. Together, these countries produce 58% of the world's feed production and contain 57% of the world's feed mills, and they can be viewed as an indicator of overall trends in agriculture.
Dr. Mark Lyons, president and CEO of Alltech, shared the survey results via public livestream from Alltech's global headquarters in Nicholasville, Kentucky.
"2019 presented extreme challenges to the feed industry, with one of the most significant being African swine fever. The regional and global implications are reflected by the Alltech Global Feed Survey and the decline in global feed production, said Lyons. "While pig feed production is down in affected countries, we are noting increased production both in other species as producers work to supplement the protein demand, and in non-affected countries as exports ramp up. The damage caused by ASF will have long-term implications, and we expect that the top protein sources will continue to shift as our industry adapts to the shortage."
You can read more about the 2020 Global Feed Survey from Alltech, by clicking or tapping here.
The Advanced Power Alliance (APA) is proud to commence its 2020 Clean Energy Scholar Program with its first scholar selection, Sarah Smallwood, a senior at the University of Oklahoma. The APA's Clean Energy Scholar Program is a first-of-its-kind, comprehensive apprenticeship in the development and promotion of clean energy. Over the course of six months, the experience provides students with an in-depth look at the renewables industry from community outreach programs, policy development and career pathways. The goal of the program is to identify and help place the region's most promising college students into roles that will help advance clean energy development and policies.
Mark Yates, vice president of the APA says the organization has plans to grow the program and plans to announce additional Clean Energy Scholars in the future across its geographical footprint of Texas, Oklahoma, Kansas, Missouri and Nebraska.
"The clean energy sector is among the fastest-growing jobs in Oklahoma with long-term career opportunities. This program is part of our workforce development goals to grow and retain Oklahomabased graduates in the renewable energy industry," said Mark Yates, vice president of the Advanced Power Alliance. "Sarah Smallwood is an excellent choice to launch Oklahoma Power Alliance's Clean Energy Scholar program. She has a strong academic record at the University of Oklahoma, and we think her passion for clean energy will be advantageous."
You can read more about the Advanced Power Alliance Scholar Program, by jumping over to our website.
|Half of the 2020 Oklahoma Wheat Crop Now Being Grazed
We are still several weeks away from the weekly Crop Progress reports- but the January summary was released yesterday on a state by state basis- and Oklahoma is one of the states that has offered that monthly report.
In the release- "Winter wheat grazed reached 49 percent. Rye grazed reached 20 percent. Oats grazed reached 30 percent.
"Pasture and Livestock:Pasture and range condition was rated at 81 percent good to fair. Livestock condition was rated at 95 percent good to fair."
The 2020 winter wheat crop is now rated 36% in good to excellent shape, 45% in fair condition and 19% in poor to very poor condition. The crop is five percentage points in worse condition compared to the December first, 2019 report.
To read more- click or tap here.
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