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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.
280 head of cattle on their showlist for the Wednesday,
August 22nd sale of finished
OKC West sold slaughter cows 1.00 to 3.00 higher and bulls mostly steady to 2.00 higher on Monday
compared to last
Oklahoma National Stockyards in Okla City had estimated receipts of 4,200- Feeder steers trading mostly 1.00- 3.00 higher on a lighter test. Feeder heifers 5.00-6.00 higher. 550-600 lb. calves 1.00-2.00 lower- click or tap here for the full report from the USDA Market News Service.
Joplin Regional Stockyards reported 5,170 cattle for their Monday sale- Compared to last week, steer and heifer calves under 500 lbs and yearlings steers over 700 lbs steady to 3.00 higher, steers 500 to 700 lbs steady- complete details are available here.
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:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
Carson Horn, Associate Farm Director and 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
Tuesday, August 21, 2018
Pasture and Range Conditions in the Plains Continue to Improve this Week as Corn, Soybeans Race to Maturity
On Monday, August 20, 2018 the US Department of Agriculture released its latest Crop Progress report according to which 85 percent of the US corn crop has reached the dough stage, 11 points ahead of this time last year and 13 points better than normal. Dented is at 44 percent this week, compared to 27 last year and 26 for the five-year average. Corn's condition is rated currently at 12 percent poor to very poor, 20 fair and 68 good to excellent. Meanwhile, 91 percent of the US soybean crop is setting pods, 5 points better than last year and 8 points above the average. Soybean's condition this week rates 11 percent poor to very poor, 24 fair and 65 percent good to excellent.
To review this week's complete USDA Crop Progress report released on Monday, August 20, 2018, click here.
Taking a look at our three-state region here in the Southern Plains-
In Oklahoma, sorghum headed reached 76 percent, down 1 point from the previous year. Sorghum's condition this week rates 7 poor to very poor, 24 fair and 69 percent good to excellent. Cotton bolls opening reached 6 percent, up 3 points from the previous year and up 3 points from normal. Cotton's condition rates 42 percent poor to very poor, 37 fair and 21 good to excellent.
To review this week's complete Crop Progress report for Oklahoma, click here.
In Kansas, corn's condition rated 9 percent very poor, 17 poor, 28 fair, 39 good, and 7 excellent. Corn dough was 88 percent, ahead of 81 both last year and for the five-year average. Dented was 58 percent, well ahead of 38 last year and 36 average. Mature was 14 percent, ahead of 3 last year and 4 average. Harvested was 1 percent. Sorghum condition rated 2 percent very poor, 6 poor, 30 fair, 51 good, and 11 excellent. Sorghum headed was 85 percent, ahead of 77 last year and 78 average.
To review this week's complete Crop Progress report for Kansas,click here.
And finally in Texas, sorghum coloring reached 80 percent this week, 3 points ahead of both last year and the average. Mature is at 65 percent this week, just under 67 last year and 68 the average. Harvested is at 60 percent complete, ahead of last year by 5 and the average by 9 points. Sorghum's condition rates this week at 38 percent poor to very poor, 39 fair and 23 percent good to excellent. This week, 82 percent of the state's cotton crop is setting bolls, near 84 last year and even with the average. Bolls opening reached 19 percent this week, above last year and the average by 5 points. Cotton's condition this week rates 51 percent poor to very poor, 27 fair and 22 percent good to excellent.
To review this week's complete Crop Progress report for Texas, click here.
This week we continue to see some minor improvements across the Southern Plains from the week prior in terms of pasture and range conditions. Oklahoma climbed another 4 points this week, rising from 38 percent good to excellent up to 42 percent. Kansas improved by 1 point, from 31 percent good to excellent to 32 percent. And Texas is better this week by a single point also, up to 13 from 12 percent last week good to excellent.
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Unseasonable Weather Making It Difficult to Tell, But Forage Production Likely Lower in Okla this Fall
Given the variable weather conditions this summer, it is difficult to accurately assess the forage conditions across Oklahoma. However after taking all available information into consideration, OSU's Derrell Peel believes over all hay and forage production will likely be down this year during the fall months. Although, the recent cool, wet weather enjoyed so far this month may be setting producers up for an opportunity to take advantage of some late season hay production or the chance to stockpile pasture for fall and winter grazing. Either way, Peel says conditions are looking more favorable for wheat and other cool-season forage production for this fall.
According to the USDA, average pasture conditions in Oklahoma are nearly three times worse than they were this time last year. And, despite the recent rains these last few weeks, drought continues to persist in parts of the state. This has increased Peel's concerns who says hay and forage stocks were already low to begin with at the start of this year. Peel writes that the 2018 hay crop year started with U.S. total May 1 hay stocks down 36 percent year over year, and at the lowest level since 2013. Variable summer weather conditions have impacted both quantity and quality of hay production. The latest Livestock Marketing Information Center projections suggest a slight overall increase in hay production of 0.5 percent year over year; with increased alfalfa hay production more than offsetting decreased other hay production. However, the lower beginning stocks mean that overall hay supplies will be tighter and higher prices are expected for all types of hay.
A lack of forages isn't the only concern either. Several reports of cattle deaths have come in due to variable weather conditions that have contributed to a build-up of toxins in sorghum forages and Johnson grass. Peel warns producers to closely monitor their cattle's forage intake until this danger subsides.
Click here to read more about Peel's expectations for forage and hay production this fall in Oklahoma.
|Ohio and South Dakota Numbers Are in from Pro Farmer Crop Tour- They Are Very Good
The 2018 Pro Farmer Crop Tour kicked off yesterday morning in South Dakota on the west side of the corn and soybean belt- and in Ohio on the east side of the belt. Scouts also looked at fields in Nebraska and eastern Indiana- and the official numbers from those states will be provided this evening- but at the first report session of the 2018 Tour- we have numbers for South Dakota and Ohio.
Tour Scouts- on average are pegging the Ohio corn crop at 179.57 bu. per acre and soybeans 1,248.20 pods per 3X3 square. The South Dakota corn crop average is 178.01 bu. per acre and soybeans 1,024.72 pods per 3X3 square.
Karen Braun with Reuters says that for Ohio- the corn yield 179.57 bu/acre (up 9% from last year's tour), while the soybean pod count in a 3x3' 1248.20 (up 13% from last year's tour).
And Braun tweets that the South Dakota numbers are also up from 2017- Average corn yield 178.01 bu/acre (up 20% from last year's tour), soybean pods in a 3x3' 1024.72 (up 14% from last year's tour).
Meanwhile, Tyne Morgan with the US Farm Report is another tweeter talking Pro Farmer Tour- she says that eastern leg tour leader Brian Grete with Pro Farmer says "he saw the best Ohio corn crop he's ever seen. It's also the most mature." and Tyne adds in a second tweet "@BGrete says ear count was key and drove yields."
As you may be able to tell- we are following the 2018 Pro Farmer Tour on Twitter- specifically on Tweetdeck which allows us to scroll through all the tweets that are tagged with #PFTour18- lots of pictures, comments and even a few funnies from the crop scouts from the west and east legs.
For all you cotton producers out there considering enrolling in the agricultural risk coverage or price loss coverage programs this year, you may want to keep in mind a few upcoming deadlines. For instance, Oklahoma producers with generic base acres on their farm planted to cotton may reassign generic base acres, update seed cotton yields and make an ARC or PLC election with the Farm Service Agency by Sept. 28.
Eligible producers will need to currently have generic base acres and a be able to provide a recent cotton planting history, or have generic base acres approved as a prevent planted commodity. If a farm has generic base acres but does not have recent planting history, the generic acres will roll over to unassigned base acres on Sept. 28 and will not be eligible for PLC or ARC payments.
According to the FSA, cotton farmers will have until Dec. 7 to sign contracts for the 2018 crop year. However, because acres roll over from generic base acres to either seed cotton acres or unassigned base acres on Sept. 28, farmers will need to make an election by the designated rollover date. If they do not make an election but have planted cotton, then the election will default to PLC. Seed cotton acres eligible for payments will be the maximum of either their average planted cotton acres on the farm from 2009 to 2012, up to their total generic base acres or 80 percent of the generic base on the farm.
Additional information about ARC and PLC for cotton producers is available online and through all FSA offices. Click here to jump to the original article for more details.
Oklahoma Beef Council Update
In the August issue of the Oklahoma Beef Council's Dollars and Sense newsletter, learn how the Beef Checkoff is sharing information about Beef's sustainability and reinforcing beef's role in a healthy diet. There is also information on am upcoming Effective Stockmanship seminar and the "Beef Up our Blood Supply" event. Click here to learn more.
clicking or tapping here.
Last Friday, the independent livestock group known as R-CALF USA submitted written comments to USDA's Food Safety and Inspection Service proposing changes to the department's guidance policy that currently allows any beef product passing through a U.S. slaughtering or processing plant to bear a "Product of USA" label. Opposed to this practice, the petitioners have instead proposed FSIS adopt more stringent labelling standards, citing violations of the U.S. mandatory Country-of-Origin Labeling (COOL) law that prohibits the use of a United States origin designation on any lamb, chicken, goat meat or venison that is not exclusively born, raised, and slaughtered in the United States.
R-CALF USA contends that the bottom lines of American producers will continue to be harmed until foreign beef imports are barred from being labelled as a product of the USA.
"Any policy that does not reserve the USA label for beef exclusively born, raised, and slaughtered in the United States allows meatpackers and importers to steal the good name and reputation of the U.S. cattle producer. The USA label is our trade mark and should not be sold by the USDA," said R-CALF USA CEO Bill Bullard.
Read more about R-CALF's position on this matter and review the group's written comments pertaining to its petition and related demands and proposals, by
|Is Your Herd Health Program Up to Snuff? BI's Craig Jones Offers Tips on Prepping for Fall Calving
In January of 2017, the livestock pharmaceutical company Boehringer-Ingelheim completed its acquisition of Merial, and the combined companies now offer a robust portfolio of herd health products for their farm and ranch customers with everything from vaccines for preventative medicine, dewormers and even some antibiotics. Dr. Craig Jones is the director of professional cattle services for BI and spoke recently with us about how his company can help beef producers manage their herd's health as we transition from summer into the fall calving season.
"We're moving into the fall of the year where we need to be thinking about getting our cattle ready for weaning, especially for our cow/calf producers," Jones said. "They need to be thinking about preconditioning. A key to that is pre-weaning vaccinations - allowing that immune system time to respond to our vaccines. In doing this, cattle will be healthier after weaning and will perform a little better."
The idea, of course, is for a producer to have a herd health plan in place, but with everything that is on the market and all the risks that exist today things can get confusing. For producers that aren't sure where to start, Jones advises they begin by consulting their local veterinarian for advice on what diseases are prominent in your region and then continue to work with them on developing a vaccine protocol specific for your operation. The same is true for stocker operators who Jones says need to have a good receiving program for cattle, because one can never be certain of what cattle have been exposed to or treated for before arriving on site. With calving season just around the corner, though, the most important thing producers should be thinking about is getting their mama cows primed and ready.
"The key thing is trying to make sure your cows are in good body condition," he said. "We want them to calve in a body condition of 5½ or better. Make sure they are well-vaccinated up to this point. You might consider a scours vaccine, depending on what issues you've had in the past. But the main thing is ensuring good quality nutrition and having a good vaccination program in place."
Listen to Dr. Jones offer more of his advice on managing herd health and how BI can help supply producers needs on the ranch, on yesterday's Beef Buzz - click here.
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|OSU's Kim Anderson Suggests US Poised to Recapture Lost Share in the Global Wheat Market
In a conversation this past week with Don Atkinson, OSU's Extension Grain Market Economist Dr. Kim Anderson addresses the mounting competition between the US and its major competitor in the wheat market, today, Russia. According to Anderson, Russia's phenomenal production the last few seasons has allowed Russia the resources to effectively steal away many of our traditional US wheat customers in the past year, offering good quality wheat in large quantities at a competitive price. With lower production, the US has been outsourced as prices have dwindled over the long-term.
Anderson explains that from 2004 to 2008, Russia exported 11 percent of the world's wheat, 0.441 bb, while the U.S. exported 26 percent, 1.051 bb. From 2014 to 2018, Russia increased to 18 percent, 1.111 percent, while the U.S. decreased to 15 percent, 0.914.
However, this lull in production has allowed farmers in the US an opportunity to concentrate on producing quality grain with high test weight and protein levels, characteristics that Anderson says have positioned the US for a timely comeback as world ending stocks shrink and demand for quality steadily climbs. Anderson believes if farmers can deliver a high-quality product, then the US will be well-poised to recapture some of that lost market share.
"I think we remain competitive by providing a quality product," he said. "When we get into the harvest of 2019, the US and the world is going to need wheat that's got 60 lb. test and better than 12 percent protein. If we have a quality product, we're going to be competitive in our major markets. That's Mexico, that's the Philippines and the Pacific Rim countries and into Japan and Korea to a certain degree."
Listen to Kim's full conversation with Wheat Squared by clicking over to our website.
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