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Let's Check the Markets!
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Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
The Woodward Livestock Market
had the same extremely light numbers that other cattle markets in the region had earlier in the week as producers are holding off selling cattle when they can until this market can bounce back- less than a thousand head at Woodward yesterday- click here for their complete report.
Okla Cash Grain:
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
Sam Knipp, Farm Editor
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, March 20, 2020
WELCOME to the First Full Day of Spring 2020!
|Oklahoma Cattle Producers Looking for Answers on Latest Market Meltdown- Set Policy in Special Teleconference
The Oklahoma Cattlemen's Association Board of Directors met on Thursday, via conference call, to consider the current beef cattle market situation and potential federal legislative action.
"We are in completely uncharted territory regarding beef and cattle markets, supply chain and beef demand," commented OCA President Mike Weeks.
OCA policy development normally occurs at membership meetings in January and July. However, the Board has the authority to implement policy to address issues that arise.
"The COVID-19 environment has created an incredibly volatile and uncertain beef and cattle market that directly impacts Oklahoma cattle producers," Weeks said.
After the policy below was adopted- I talked with Executive Vice President Michael Kelsey about the actions of the OCA Board- Our visit with Michael and the complete resolution can be heard and read by clicking or tapping here.
Regarding the keys of the resolution- the first two "Be it resolves" say the following-
BE IT RESOLVED OCA supports both a state and federal emergency declaration for agriculture; and
BE IT FURTHER RESOLVED OCA calls upon the US packing industry to consider the cutout values for beef rather than the futures trade and offer reflective prices for live cattle.
As Michael told me more than once- he is hopeful that the industry can work together and get this resolved sooner rather than later.
Allendale, Inc, a Chicago area agricultural commodity brokerage and analysis firm, has published its 2020 Annual Acreage survey results.
Associate Farm director KC Sheperd spoke with Rich Nelson, Chief Strategist for Allendale, about the results, and he says this report gave them a few moderate surprises, "U.S. farmers, as a whole, planted a little more corn than we expected to see this year. 4.9 million extra acres to now 94.6. Soybean wise they are talking about only an increase of 7.6 million, to now 83.7."
He says the main message from the survey was that we see a little more corn than expected, and a little less soybeans.
With Wheat acres still tumbling, Nelson says the wheat acreage number they show is the lowest in history since USDA started keeping the all-wheat numbers back in 1919. Nelson says, "At this point, I don't really see a stopping point for it just yet. We probably will see a slight decline in the wheat acres in these next few years."
Nelson says as far as the markets are concerned, he still thinks for the next two weeks we will again see some lower pricing based on the COVID-19 concerns. Still, there will be a point when it comes back, "We will get this market realizing we are a bit undervalued, and with some planting concerns we will see a rebound maybe in that mid to later April time-frame."
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. To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes.
| Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets. Dr. Anderson says there has been a drop in the wheat prices, but even though the prices are down, the good news is that base has increased, and the higher bases tells us that the market needs our wheat. Anderson thinks the prices will recover, and that there is 3 months to recover that lower price.This week on SUNUP, we observed the "six-foot rule" as we conducted interviews for the show, and we start with Larry Sanders explaining the importance of the upcoming 2020 U.S. Census.- Then, Alex Rocateli has advice for producers planning for spring-planted alfalfa.- John Damicone and USDA Research Biologist, Kelly Chamberlin tell us how the two agencies are working together to prevent the spread of a peanut smut in Argentina.- David Nowlin says peanut acres are down, but they remain a great rotation option for cotton.- In Cow-Calf Corner, Glenn Selk reminds us about the importance of managing calves to prevent calf scours.- Finally, Kim Anderson says an increase in the market basis could mean world importers will need U.S. wheat, and price should start to move up.
Today I talk with Ethan Lane, Vice President of government affairs for the National Cattlemen's Beef Association, about steps the beef industry is taking to keep the food pipeline full.
Lane said they are in frequent contact with the Trump administration and other government officials expressing the cattle industry needs.
"We're not like other industries," Lane said. "We are part of the food security puzzle that has to continue operating. We've tried to communicate that to the administration."
The beef industry is specifically asking for USDA food inspectors to stay on the job and for livestock haulers to have the freedom to move cattle to market.
Lane said they are asking for financial relief and to be included in any financial aid package to keep commerce moving and operating.
In addition, they are closely monitoring the border closure with Canada to ensure a regular flow of commerce is occurring and so far, he is pleased to see business is flowing unimpeded.
We invite you to check out the link below to read more about the NCBA's efforts and to see the latest information on the Covid-19 impact on the beef industry. This includes letters they have sent to the White House as well as the USDA.
Oklahoma State University (OSU) varieties see an increase in acres planted of Hard Red Winter Wheat across the state of Oklahoma, according to the March 2020 "Oklahoma Variety Report" from USDA National Agricultural Statistics Service. For the third year in a row, the top four leading wheat varieties planted in the state were developed by OSU with another two listed in the top eight.
A few changes appeared in the lineup compared to last year with the Gallagher variety still holding the top spot. This year a large increase in plantings of the Smith's Gold variety moved it into the second position. Doublestop CL Plus, also saw an increase putting it in third place, with Bentley located in the fourth position.
Plantings of Endurance held steady, with a slight decline in acres planted to Iba, allowing them to move into the seventh and eighth spots. (Other OSU varieties listed in the survey on Oklahoma planted acres included Ruby Lee, Duster, Deliver, Billings, Chisholm, OK Bullet, and Green Hammer.)
The roots of success continue to be firmly anchored with several other up-and-coming OSU varieties being adopted by Oklahoma wheat producers. In 2018, four new varieties Baker's Ann, Showdown, Green Hammer and Skydance were released. In 2019, a new beardless wheat variety called OK Corral was released. Green Hammer broke out into the survey for the first time this planting season, a positive note for having gone through only one cycle of certified seed increase. In addition Smith's Gold moved from 16th place last year to being the second highest planted variety across the state in the 2019-2020 season.
Oklahoma AgCredit is a cooperative, owned by the members we serve. This ensures our customers' needs come first. Our profit can only be used in two ways - retained to build our financial strength or passed on to members through our Patronage Program. Patronage is like an interest rebate and it basically reduces our members cost of borrowing. We have returned more than $53 million to our members since 1997.
For more information, click here
to go to our Oklahoma AgCredit
Grocery store shelves might look bare right now, but there is an ample supply of meat, eggs and fresh produce at your local farmers market. Even though it is early in the produce season and many markets have not yet opened, several year-round markets are keeping their doors open to ensure the public has access to fresh, healthy food.
The Oklahoma Department of Agriculture, Food and Forestry believes in the importance of supporting local agricultural businesses as well as providing the public with safe, healthy food every day but especially in this time of uncertainty.
Knowing that mitigating the inherent risks that come with the COVID-19 pandemic is of the highest priority, ODAFF has put together a list of recommendations for vendors, market managers and shoppers.
Farmers Markets open this Saturday:
* Arcadian Farmers Market
* OKC Farmers Public Market
* Lawton Farmers Market
* Stillwater Farmers Market
Check individual market social pages for times and locations.
Taking a look a the latest drought monitor map released March 19 still shows a small section of the far western Oklahoma Panhandle continuing to need a good drink of water. The dry areas in southwest Oklahoma that we have been watching were basically washed away in the March 18 storms (see photo of flooded field in west central Oklahoma after March 18 storm) but won't be reflected in the map until next week.
Today the worse drought in Oklahoma is D2- Severe Drought and it currently is found only in the northwestern tip of Cimarron County and accounts for less than one percent of the state's total land area, the same percentage as last week.
The map shows those pockets of moderate drought and abnormally dry in southwest Oklahoma now at 11.6 percent, down from 19 percent last week. Interestingly, three months ago these two categories accounted for almost 50 percent of the state's landmass.
The U.S. Drought Monitor Map is developed through a partnership between the National Drought Mitigation Center at the University of Nebraska-Lincoln, the United States Department of Agriculture, and the National Oceanic and Atmospheric Administration.
Because of a glitch in the posting of our top story on Thursday featuring the efforts of Oklahoma State Secretary of Ag Blayne Arthur- the story was there but NOT the audio-
SO- I wanted to share the updated link for this story that INCLUDES the Blayne Arthur audio conversation.
We talked with Blayne Arthur about the efforts by the agency to interact with producers, grocery store reps, suppliers and other government agencies to respond to the COVID-19 situation as it impacts farmers, ranchers and those in rural Oklahoma.
Arthur says that for consumers, her staff have pushed to completion a new project that can connect consumers with producers of food. It's called Loklahoma. Oklahoma farmers and ranchers are more than capable of providing for your needs, especially in hard times like these.
Click here to jump to the story that includes our conversation with Secretary Arthur.
The 21st Annual Pollard Farms Bull Sale is set for Saturday, March 21st(TOMORROW), at the private sale facility on the Ranch in Waukomis, Oklahoma.
Sale time is 12:30 PM.
They will be featuring 125 Home-Raised Service Age Angus Bulls and more.
If you are unable to attend the sale in person, internet bidding will be available on LiveAuctions.TV, Phone Bidding will be available on Sale Day or you can contact Matt Sims, Barry Pollard or Keenan Pendley to place a bid.
The Pollards want to assure you that all sight unseen purchases are guaranteed to be satisfactory upon delivery.
The sale catalog and videos are available on the Pollard Farms website- click or tap here here.
Call Matt Sims if you have questions- 405-641-6081.
Thirty two gilts were sold online this year in the Night of Stars Gilt sale that featured some of the females that topped the OYE Gilt show.
The sale was made optional by the OYE after the Expo was forced to end activities this past Sunday evening at State Fair Park. The Night of Stars normally will attract a huge crowd in Barn 8- but ended up as an online only sale.
Top price from the Tuesday bidding was commanded by Cauy Craig of Adair FFA- showing the reserve Light Commercial Champion gilt- which sold for $17,250.
To see the full list of gilts that sold and the prices they brought- click or tap here.
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