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                        Cattle market stands, the latest Feeder Cattle Markets 
                        Etc.       Okla 
                        Cash Grain:     Futures 
                        Wrap:     Feeder 
                        Cattle Recap:     Slaughter 
                        Cattle Recap:    TCFA 
                        Feedlot Recap:     
 
 
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                            | Oklahoma's 
                              Latest Farm and Ranch News
 Presented 
                              by
   
                                Your 
                              Update from Ron Hays of RON   
                               Monday, December 21, 
                              2015 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            |  Featured 
                              Story:Vilsack 
                              Halts COOL Enforcement for Beef and Pork- 
                              Canadians and Mexicans 
                              Celebrate   After 
                              reporting on the contentious battle over Country 
                              of Origin labeling for meat for years, it's 
                              suddenly over. (I may have withdraws!) On Friday, 
                              the House voted, the Senate voted and the 
                              President signed the Omnibus and COOL for beef and 
                              pork was history. After those votes, 
                              Secretary of Agriculture Tom 
                              Vilsack  released a statement confirming 
                              he got the memo- saying "Effective immediately, 
                              USDA is not enforcing the COOL requirements for 
                              muscle cut and ground beef and pork outlined in 
                              the January 2009 and May 2013 final 
                              rules." "USDA will be amending the COOL 
                              regulations as expeditiously as possible to 
                              reflect the repeal of the beef and pork 
                              provisions. In addition, all imported and domestic 
                              meat will continue to be subject to rigorous 
                              inspections by USDA to ensure food 
                              safety."The official reaction from 
                              Canada and Mexico was elation - a joint 
                              statement from the two nations included the 
                              following comments: "We are very pleased 
                              that yesterday the U.S. Congress passed and U.S. 
                              President Barack Obama signed into law a bill that 
                              will repeal COOL for beef and pork, effective 
                              immediately. "We look forward to the 
                              restoration of full access to the U.S. market for 
                              Canadian cattle and hogs and Mexican cattle, as 
                              this will benefit our farmers and our 
                              economies. "This outcome is a result of 
                              close cooperation and collaboration between our 
                              two countries and our many allies within the U.S. 
                              Congress over the past several years. We remain 
                              committed to working with partners in all three 
                              countries to enhance our shared North American 
                              prosperity." The Canadians did remain wary 
                              of those in Congress and those who wanted COOL to 
                              continue despite the WTO ruling- with their 
                              Minister of Trade Chrystia 
                              Freeland  saying that she still intends to 
                              obtain formal approval next week from the WTO for 
                              retaliation, even though the tariffs won't be 
                              imposed. Freeland said over the weekend "We 
                              think that it is prudent of us to take the legal 
                              process to its formal, technical 
                              conclusion."Click here to read 
                              more  on the Canadian-Mexican reaction to COOL 
                              repeal by the US. 
                         |  
                          
                          
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                            |  Lots 
                              of React on Omnibus and Tax Bills Passage- Mostly 
                              Thumbs Up from Ag Industry 
                              GroupsObviously, 
                              the Omnibus/Tax bill that was voted for by the 
                              House and Senate and then signed by President 
                              Obama on Friday was more than just the COOL 
                              Repeal- and goes well beyond just agriculture. And 
                              for agriculture, while it started with COOL- ag 
                              groups that reacted also were very pleased with 
                              Section 179 Depreciation language being made 
                              permanent in the bill. We posted a 
                              multitude of groups and their reaction from the 
                              Friday votes- click on the name of the group to 
                              see their statement that was released:Oklahoma 
                              CattlemenTexas and Southwestern 
                              Cattle RaisersAmerican Farm 
                              BureauNational Corn Growers 
                              AssociationNational Cattlemen's Beef 
                              AsssociationNational Pork Producers 
                              CouncilNational Farmers 
                              Union Oklahoma's Senior Senator, 
                              Jim Inhofe , offered a long list 
                              of things that he saw as being very good coming 
                              out of the huge package- starting with the end of 
                              the export ban on crude oil.  He contends 
                              that will be great news for Oklahoma long term. He 
                              also praised the tax reform measures that will 
                              help small business and farmers and ranchers, the 
                              COOL repeal and a lot more.  Click here for Senator 
                              Inhofe's full list  of things he liked that are 
                              a part of this bill that has been signed into law 
                              by President Obama. 
                           |  
                          
                          
                            |  December 
                              Cattle on Feed Numbers a Christmas Gift for Cattle 
                              Industry Desperate for Good NewsFor 
                              the first time in thirty one months, the number of 
                              cattle on feed on the first of December was less 
                              than the on feed number of a year 
                              ago.   According to Tom 
                              Leffler  of Leffler Commodities, the USDA 
                              December Cattle on Feed report released on Friday 
                              afternoon signaled some positive news for a cattle 
                              market hungry for anything that could help stop 
                              the recent price downturn.  As is often the 
                              case- the tell of this month's report can be read 
                              in the placements part of the report. USDA says 
                              "Placements in feedlots during November totaled 
                              1.60 million head, 11 percent  below 2014. 
                              Placements are the lowest for November 
                              since the series began in 1996 . Net 
                              placements were 1.53 million 
                              head." Leffler, in talking with Radio 
                              Oklahoma Ag Network's Dave 
                              Lanning , zeroed in on the 
                              Placements. At 89% versus last November, the 
                              number of cattle placed in feedlots was well below 
                              what the pre report estimates were projecting at 
                              95.9%. Leffler adds that both the on feed number 
                              and the marketings number were friendly as 
                              well.Click here  to read 
                              more and to be able to hear Tom's rundown of all 
                              of  the report's numbers- and we have a link 
                              to the full report in our webstory as 
                              well. |  
                          
                          
                            |  Ag 
                              Retailers Group Cheer Congressional Stop on OSHA 
                              EffortsCongress 
                              just put the brakes on the Occupational Safety and 
                              Health Administration's regulatory 
                              overreach. On July 22, OSHA released an 
                              enforcement memorandum rescinding all prior policy 
                              documents, letters of interpretation, and 
                              memoranda related to the retail exemption to 
                              Process Safety Management, a set of procedural, 
                              operational and organizational design standards 
                              intended to prevent the release of highly 
                              hazardous chemicals at manufacturing 
                              facilities. The memo, released without 
                              opportunity for public comment and outside of the 
                              formal rulemaking process, would force virtually 
                              all agricultural retailers that store and sell 
                              anhydrous ammonia to comply with PSM. In 
                              recognition of OSHA's unlawful attempt to revoke 
                              the long-standing retailer exemption from the 
                              costly PSM standard, Congress included a rider to 
                              the appropriations bill passed this past 
                              week. The bill, Consolidated Appropriations 
                              Act of 2016 (H.R. 2029), prohibits OSHA from 
                              enforcing its July 22 memo for fiscal year 2016 
                              until the Census Bureau establishes a new North 
                              American Industry Classification System code for 
                              Farm Supply Retailers. OSHA must also conduct a 
                              formal rulemaking process with public comment 
                              before any guidance change may be 
                              implemented. Daren Coppock with the Ag 
                              Retailers Assoication calls this a huge win for ag 
                              retailers- as these regs, left unchecked, would 
                              cost retailers that you buy ag chemicals from 
                              millions of dollars in additional regulatory cost- 
                              with little to show for it.Click here to read more of 
                              Coppock's thoughts  on this part of the Omnibus 
                              that appears to be a positive for 
                              agriculture. |  
                          
                          
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                            |  The 
                              Cattle Price Slide of 2015- Derrell Peel on the 
                              Turning Point2015 
                              is now in the record books as far as sales of 
                              stocker and feeder cattle are concerned, with 
                              virtually all livestock auction markets now 
                              wrapped up with their sales for this calendar 
                              year. When you look at the numbers, the start of 
                              2015 reflected the record setting prices seen in 
                              the latter parts of 2014- and it was downhill from 
                              there. Five to six hundred pound steer 
                              calves were priced from $2.70 to $3.10 at the 
                              Oklahoma National Stockyards in January 2015- in 
                              the final sale of the year this past week in 
                              Oklahoma City, that weight range was bringing 
                              $1.67 to $1.99, off 34% from the start of the year 
                              to the end of the year. While calf prices seemed 
                              to be trending down throughout the year, yearling 
                              prices were down nine to twelve dollars per 
                              hundred from January to the first of August- and 
                              at that point, yearlings were pushed over the 
                              price cliff and fell 69 to 79 dollars per 
                              hundredweight from early August to the end of 
                              December. Eight weight yearling steers followed 
                              that pattern as well, falling just four to seven 
                              dollars a hundred weight from January to August- 
                              then dropped fifty five to sixty five dollars a 
                              hundred from August to the end of 
                              December.Oklahoma State University 
                              Livestock Market Economist Dr. Derrell Peel says that cattle producers who have 
                              stocker cattle that were bought ahead of the drop 
                              off the cliff may see some price recovery in the 
                              new year- but it is unlikely that they will avoid 
                              losing money on those animals. The same, he says, 
                              is true in the feedlot cattle where yearlings were 
                              placed before hard fall in both yearling and 
                              feedlot prices in recent months. Dr. Peel 
                              is featured on this subject in our latest Beef 
                              Buzz- and if you click here  you can 
                              hear his comments as well as check the fall in 
                              prices seen for for several weight classes from 
                              the start to the end of 2015- basis the Oklahoma 
                              National 
                          Stockyards. |  
                          
                          
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 |  
                          
                          
                            |  FFA 
                              CEO, Dwight Armstrong, to Retire from National FFA 
                              Organization Midyear 2016The 
                              National FFA Organization announced this past week 
                              that W. Dwight Armstrong , Ph.D., 
                              chief executive officer of the National FFA 
                              Organization and the National FFA Foundation, will 
                              retire effective June 30, 2016. Armstrong shared 
                              his plans with the National FFA Board of Directors 
                              and the National FFA Foundation Board of Trustees, 
                              saying the time was right to transition the 
                              leadership of FFA and for him to spend quality 
                              time with his family, friends, volunteer 
                              opportunities and personal 
                              pursuits. Armstrong joined the National FFA 
                              Organization in 2009 as its chief operating 
                              officer and was later named chief executive 
                              officer. In 2014, he was also named chief 
                              executive officer for the National FFA Foundation 
                              and currently serves both organizations in a joint 
                              appointment. National FFA Advisor and Chair 
                              of the National FFA Board of Directors Dr. 
                              Steve A. Brown  voiced appreciation for 
                              Armstrong's service and commended him for his 
                              contributions to the organization. "Dr. Armstrong 
                              has provided outstanding executive leadership for 
                              FFA at a critical time in our development," said 
                              Brown. "In addition to being a close advisor and 
                              confidante, Dwight has been a steady, driving 
                              force in helping formulate our strategic direction 
                              and achieving program goals for FFA." Read 
                              more about Dr. Armstrong and the FFA plans for 
                              succession in 2016 by clicking or tapping 
                              here. |  
                          
                          
                            |  Newly 
                              Revised OSU Beef Cattle Manual a Great Gift for 
                              That Special Cattle Producer of YoursMooooove 
                              over, Christmas presents; the greatest gift for 
                              that special cattle producer might just be the 
                              newly revised Oklahoma State University 
                              Beef Cattle Manual . "It's a 
                              comprehensive resource of the latest 
                              research-based information for beef cattle 
                              producers, Extension professionals, veterinarians 
                              and others in the industry, and is especially 
                              important for those participating in the OSU 
                              Master Cattleman Program," said Dave 
                              Lalman , OSU professor of beef cattle 
                              production systems. "The new edition contains a 
                              number of revisions and updated 
                              chapters." Cost is $25 plus shipping 
                              upon request through local OSU Cooperative 
                              Extension county offices, or orders can be placed 
                              online- click here to read 
                              more  about the revised manual and how you can 
                              order your very own copy 
                            today. |  |  
                      | 
                          
                          
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