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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.
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
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
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
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, January 31, 2020
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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Congressman Frank Lucas (OK-03) released the following statement after the Federal Communications Commission (FCC) voted to establish the Rural Digital Opportunity Fund- a two-phase program committing up to $20.4 billion to expand high-speed broadband to underserved and rural areas of the United States:
"Connecting communities to broadband is no longer about convenience, it's about providing opportunities for rural Americans to participate in an ever-changing economy and society. Access to broadband means increasing the customer base of small businesses on Main Street. It means enabling people to access physicians across geographic limitations through telemedicine. It allows more of America's farmers to use precision agriculture, resulting in more efficient, economical and environmentally friendly operations. And it means shifting the educational landscape in rural areas by giving students access to high speed broadband in their home, allowing access to educational resources outside of the classroom. In short, bridging the digital divide between rural and urban areas will provide a pathway to a better future for people who call these areas home.
It's apparent the FCC remains committed to those who call rural America home. I applaud the leadership of Chairman Ajit Pai and his fellow Commissioners for prioritizing the investment of rural broadband and for continuing the Commission's priority of bringing affordable high-speed broadband to all Americans- no matter their area code."
You can read more from Congressman Lucas regarding FCC's actions for rural broadband, by clicking or tapping here.
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Sponsor Spotlight
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A proud member of the Farm Credit System, Oklahoma AgCredit offers loans and financial services to farmers, ranchers and country home owners. Whether you're looking for land, a country home, livestock, or equipment, Oklahoma AgCredit can help with long-term fixed rates or short-term loans for running your agricultural operation.
With 17 locations serving 60 counties, we're locals, too. Find an office near you to talk to a lender who understands agriculture. Financing rural Oklahoma. Equal housing lender, NMLSR ID# 809962. Call us today at 866-245-3633 or go to www.okagcredit.com.
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 Dr. Glynn Tonsor Not Expecting any Surprises with Today's Cattle Inventory Report
At 2 PM Central time this afternoon, USDA releases their twice a year Cattle Inventory Report. The January report is essential in that it gives us some key numbers, regarding our beef cow population, heifers for replacement, and more.
Dr. Glynn Tonsor, K-State Extension livestock market economist, says that the Livestock Market Information Center up in Denver has their estimates for this Friday's report out, and he says he believes they're pretty well in line. "In the beef cow number, they put in a drop of .8%, so a little bit less than 1% pullback. Heifers held back for replacement, their estimate about 3.5% lower than the year before, and then the calf crop being about half a percent lower. I don't have any real reason to argue with any of those.
"I do know several analysts think the beef-cow number might pull back more than that; you know some are calling for 1.2--1.3% declines. Those might sound like small differences, but for as big as our herd is, there is an important difference, on whether this becomes a -.8. or-1.2. Regardless I anticipate, much like LMIC, that all three of those numbers will be a negative share there, and that will confirm that we are now done expanding and will continue shrinking the herd."
Historically- we have seen an increase- year over year- since 2014 when we hit the bottom on Beef Cow numbers at 29.085 million head. You may recall those numbers were the result of extra liquidation because of the drought in 2012 and 2013.
Since then the numbers have moved higher:
2015 29.693 Million
2016 30.165 Million
2017 31.210 Million
2018 31.466 Million
2019 31.765 Million
The last time we had bigger beef cow numbers than last January's stats was January 1, 2008 when we had 32.435 million head.
You can hear Dr. Tonsor's preview on the Cattle Inventory report- as well as his latest beef demand numbers by clicking or tapping here for his comments on the Beef Buzz.
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EPA continues to believe that the key ingredient in Roundup, Glyphosate, is safe- in their final interim decision that was released yesterday- "The agency concluded that there are no dietary risks of concern for any segment of the population, even with the most conservative assumptions applied in its assessments (e.g., tolerance-level residues, direct application to water, and 100% crop treated). The agency also concluded that there are no residential, non-occupational bystander, aggregate, or occupational risks of concern."
American Farm Bureau says that this announcement of the Environmental Protection Agency's sound science-based interim decision on glyphosate reaffirms the safety and effectiveness of this widely adopted weed control technology. As farmers continue their drive toward increasingly sustainable production, this is an important tool used across many crops and growing systems.
"This is a win for sustainable agriculture," said American Farm Bureau President Zippy Duvall. "Today's decision means farmers can continue to use conservation tillage and no-till methods on their farms to conserve soil, preserve and increase nutrients, improve water quality, trap excess carbon in the soil and reduce greenhouse gas emissions. That said, safety is our first priority and the science clearly shows that this tool is both safe and effective."
Click or tap here to jump over to the final interim report found on the EPA website.
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2.0
Governor Kevin Stitt yesterday announced his administration's healthcare plan, called SoonerCare 2.0, in Washington, D.C. where he was participating in the Trump administration's release of the Healthy Adult Opportunity (HAO) initiative to give unprecedented flexibility to States to innovate and develop Medicaid plans for the adult population where federal funding is optional.
"I have sought Oklahomans' input over the past several months in crafting my administration's healthcare plan, and they have told me they want more access to care in rural Oklahoma, they want accountability and better outcomes in the current Medicaid system, and they want us to reclaim our tax dollars from Washington, D.C," said Gov. Stitt. "With SoonerCare 2.0, we will achieve what Oklahomans are asking for, and we will fund it through efficiencies and accountability reforms, protecting Oklahomans from new taxes.
"With SoonerCare 2.0, we will pursue comprehensive reform of Medicaid delivery, made possible due to the unprecedented flexibility and innovation being granted by the Trump administration's Healthy Adult Opportunity initiative. SoonerCare 2.0 will deliver strong personal-responsibility mechanisms for new enrollees, will target dollars on rural healthcare delivery and substance abuse programs, and transform services to be focused on outcomes and health advancements instead of excessive billing practices. In all things, we will pursue Top Ten status, and with SoonerCare 2.0 we will be taking a next step in pulling Oklahoma out of bottom ten healthcare rankings that our State has battled for generations."
You can read more about Soonercare 2.0, by jumping over to our website.
House Speaker Charles McCall, R-Atoka, issued the following statement yesterday on Governor Kevin Stitt's SoonerCare 2.0 announcement:
"This is a far better plan than putting Obamacare in the Constitution with no flexibility. Our Caucus appreciates Governor Stitt's strong leadership working with the Trump administration to bring federal dollars back to Oklahoma. We will promptly discuss the governor's plan as a Caucus and seek input from the entire Legislature upon session convening next week.
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Sponsor Spotlight
The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations.
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Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks Coronavirus impacts on the commodity markets with SUNUP's Lyndall Stout.
"When you read what the analysts have to say, they are saying they are having a negative impact on the commodity markets," said Anderson. "But, if you will look at the forward contract for wheat on January 21st versus the current price, wheat was at $4.85/bu its down to $4.67/bu now."
Anderson says in that same time period, corn prices have dropped from $3.71/bu to $3.65/bu, soybeans are down $.31/bu from $8.61/bu to $8.30/bu while cotton is down from $.71/lb to $.70/lb. He says that could be linked to Coronavirus, but he thinks there are also other things going on in the market causing the dropping prices. "I think Coronavirus has had a minor impact," he said. "And I think it is something we can easily talk about. But if you look at it, I think a big thing for wheat is that in France and the European Union the strikes that are going on."
You can watch this week's episode of SUNUP this weekend or you can listen to the conversation now, by clicking here.
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The Consortium for Common Food Names (CCFN), the U.S. Dairy Export Council (USDEC) and the National Milk Producers Federation (NMPF) expressed appreciation for U.S. Agriculture Secretary Sonny Perdue's denunciation of geographical indications (GIs) as trade barriers.
During recent meetings with European agriculture and trade officials, Secretary Perdue made it clear that the European Union (EU) must drop its aggressive campaign to confiscate common food names in order to successfully negotiate a trade deal with the U.S.
In response, CCFN, USDEC and NMPF issued the following joint statement:
"The EU's patently unfair trade policies, including the misuse of GI protections, have resulted in a lopsided trade dynamic where trade benefits only flow one-way: toward Europe. As Secretary Perdue rightly noted, Europe's unfair trade barriers have less to do with preserving the rights of legitimate GIs than with restricting competition from exceptional U.S. products.
You can read more about Secretary Perdue's decision, by jumping over to our website.
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Improved testing rules, an expanded testing timeline, and clarity around hemp transportation would help farmers grow and market this new crop, the American Farm Bureau Federation said in comments submitted to the U.S. Department of Agriculture. The comments relate to USDA's Interim Final Rule regulating hemp production nationwide.
Earlier this month, farmers and ranchers at AFBF's Annual Convention voted to support an increase in the allowable THC level in hemp up to 1%. The vote gives AFBF leaders and staff the flexibility to engage in discussions with regulators and lawmakers about the appropriate legal limit on THC.
Current law limits THC content in hemp to 0.3% or below. In addition, regulations require testing to be conducted only on the flower of the plant, despite the harvesting and use of the entire plant.
Click here to read more about the improvements to hemp regulations needed.
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This Weekend- Roger Mills Cattlemen's Bull Sale and Messner Production Sale Happening
The first of February brings two bull sales that we want to remind you of.
The first is the Roger Mills County Cattlemen's Association 42nd Annual All Breed Bull Sale- which is happening tomorrow, Saturday, February first at 12:15 p.m. The sale is happening at the Cheyenne Ag Pavilion on the West side of Cheyenne.
65 Breeding Age Bulls, Registered and Commercial are being offered. For more details, call Lynda Lucas - 580-497-7366, Ryan Long - 580-339-1919 or Ashlea Yager - 580-497-7124.
Also happening tomorrow is the Oldest Production Sale in Oklahoma- the Messner Ranch Annual Production Sale- they will be selling at 12:30 p.m.
The sale is being held at the Ranch - Located 6 miles South and 11 West of Laverne in Slapout, Oklahoma
They will be featuring 150 Service Age Hereford and Angus Bulls as well as 60 Hereford and Angus Heifer Pairs.
Call Van Messner at (580)552-1555 or Milton at (580)273-9494
Their sale can be viewed (and you can participate) on the internet via DV Auction- their link for the Messner sale is available here.
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Great Plains Kubota, 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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