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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
Carson Horn, Associate Farm Director and Editor Pam Arterburn, Calendar and Template Manager Dave Lanning, Markets and Production
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Monday, October 1, 2018
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:
USDA Reports Better Than Expected Wheat Harvest in OK, Adjusts Total '18 Production Up by 27%
According to the USDA Small Grain Summary report, released Friday morning, all wheat production for the US totaled 1.88 billion bushels in 2018, up 8 percent from the revised 2017 total of 1.74 billion bushels. The levels of production and changes from 2017 by type were: winter wheat, 1.18 billion bushels, down 7 percent; other spring wheat, 623 million bushels, up 50 percent; and Durum wheat, 77.3 million bushels, up 41 percent.
In Oklahoma, a very poor crop got a little better with these final numbers. The report adjusted acres harvest up in September from August's 2.2 million to 2.5 million. That number is down from 2.9 million acres in 2017. Oklahoma's winter wheat crop had an average yield of 28 bu./acre, up from 25 in August's report and down six bushels from the previous year. Total production for the Oklahoma wheat crop came in at 70 million bu., according to USDA. That number falls short of last year's production of 98.6 million bu. by 29 percent- but, also came in higher than expected, adjusted up 27 percent from 55 million in the previous report in August of this year.
Total production for the state of Kansas came in at 277.4 million bu., 20 percent under the previous year's production of 333.6 million bu. In Texas, total production was calculated at 56 million bu. for the state in this report, an adjustment of 200 bu. and less than a 1 percent increase from the prior month's report. Compared to last year, the total winter wheat production in Texas was nearly a quarter smaller in 2018 at 21 percent or 12,150 bu. below 2017.
Review more highlights or check out the complete report from the USDA released on Friday, by clicking here. |
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Sponsor Spotlight
It's great to have the Livestock Exchange at the Oklahoma National Stockyards as a sponsor for our daily email. The eight Commission firms at the Stockyards make up the exchange- and they are committed to work hard to get you top dollar when you consign your cattle with them. They will present your cattle to the buyers gathered each Monday or Tuesday at one of the largest stocker and feeder cattle auctions in the world.
Click here for a complete list of the Commission firms that make up the Livestock Exchange at the Oklahoma National Stockyards- still the best place to sell your cattle- and at the heart of Stockyards City, where you can go around the corner enjoy a great steak and shop for the very best in western wear.
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The USDA reported larger than expected inventories of corn, soybeans, and wheat in its September 1st Stocks Report, which analysts call bearish for the markets.
The corn supplies came in at 2.14 billion bushels, which is 138 million more than the last estimate of old-crop carryout. USDA says feed usage was likely smaller than expected, reducing the number of bushels that made their way out of storage and off the farm.
September 1st soybean inventory is estimated at 438 million bushels, 43 million bushels higher than the previous estimate. In coming up with the number, USDA says the 2017 soybean crop was 19 million bushels larger than expected, upping last year's yield to 49.3 bushels per acre nationwide.
USDA raised its all-wheat production estimate by seven million bushels to 1.88 billion. September 1st wheat stocks came in at 2.37 billion bushels, more than pre-report estimates. The higher number indicated demand likely down eight percent from last year. Part of the reason may be slower than expected exports during the marketing year.
For more highlights or to review the complete report from the USDA, click here.
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Chairman of the House Agriculture Committee Mike Conaway talked about his worries for those who are directly impacted by Congress failing to get a 2018 Farm Bill completed in a statement released Friday by the House Ag Committee. Conaway reiterated his commitment to delivering a completed Farm Bill by the end of the year.
"Producers don't need the additional anxiety or uncertainty of not knowing what the next 5 years looks like with respect to a farm bill," Conaway said. "They're living this five year drop in net farm income, 50 percent drop, the worst since the depression, no real prospects of the commodity prices getting any better, so getting the farm bill done is really important."
You can read or listen to more of Conaway's remarks regarding the expiration of the Farm Bill, by clicking here.
The National Association of Wheat Growers also expressed disappointment late last week in a release describing Congressional failure to reauthorize the farm bill before the September 30th deadline. The 2014 farm bill's expiration leaves farmers with uncertainty moving forward at a time when net farm income is expected to be down 13 percent this year compared to last year. NAWG called on conferees this past Friday to finish negotiations as quickly as possible on a farm bill that provides a strong safety net for growers.
NAWG CEO Chandler Goule stated that, "Winter wheat farmers across the country have already begun seeding next year's crop, and they are having to do so without knowing whether a safety net will be in place or what sort of conservation programs that may be available.'' You can read Goule's complete statement on behalf of American wheat growers to Congressional leaders, by clicking here.
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The Oklahoma Dept. of Agriculture recognized Toni McCornack of Tushka, Okla. as a Significant Woman in Agriculture. McCornack came to Oklahoma by way of her urban roots in the Los Angeles area community of Gardena. Through her life, McCornack has had the opportunity to live and work in the rural sector, growing up around chickens, rabbits, horses and even a vineyard. She also joined the FFA in her youth where her love for agriculture truly became apparent.
During high school, McCornack built up a herd of around 50 registered Dorset sheep and would go on to spend four months at a sheep shearing school in New Zealand to further her knowledge of ag business. Upon returning from New Zealand, McCornack received her American Farmer Degree from the FFA and drove from California to Kansas City to walk across the stage. During that trip she passed through Oklahoma.
Taken with the sheer beauty of Oklahoma, McCornack decided to make her home in Oklahoma one day. And she did, eventually relocating with her mother onto their own ranch where they remain today.
Eleven years since moving to our state, McCornack today owns several hundred acres in Atoka County and works full time tending to her land and livestock which includes cows/calves, bulls, horses, and goats used for milk production, and also grows pecans for commercial sale. She is described as possessing a very hard worker and has a wide range of knowledge in many different areas of farming/ranching.
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Sponsor Spotlight
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation. National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
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Despite Consumers Growing Concern with Production Practices - Taste, Price, Convenience Still King
We caught up recently with Shawn Darcy, director of market research for the National Cattlemen's Beef Association on behalf of the Beef Checkoff. Darcy explained what today's consumer looks like, how they think and how producers as an industry should approach their marketing strategy to most effectively reach them.
"The biggest highlight and the first thing to remember is that they are coming from a place of being very positive. Over three-quarters of people think that the beef industry is doing a good job or feel positive about that," he said, but added. "At the same time, there's been a growing trend of consumers wanting to know more information about how their food is raised."
While people are becoming more concerned about how their food is made, Darcy explains that we are now beginning to see consumers soften their tones on the subject and realizing that they have a certain level of unfamiliarity with normal production practices that go on at the farm. Darcy says consumers are acknowledging that fact and are taking it into consideration when evaluating our food production system for themselves, which has created a learning opportunity in which the industry can reach out to consumers and educate them about beef. However, even with the strong emotional feelings tied to these issues, Darcy says consumers are ultimately motivated in their purchase decisions by baseline economic drivers.
"Taste, price and convenience are still king," he said, but described the best strategy for overcoming consumer concerns regarding production. "The most important thing is highlighting the people that are involved in the process, whether it's the ranchers, the operators, nutritionists, veterinarians... People matter to consumers and I think hearing those stories through whatever platform that might be - that resonates with consumers."
Listen to Darcy and I discuss the behavioral profile of today's beef consumer, on yesterday's Beef Buzz - click here.
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NASCAR Camping World Truck Series driver Austin Wayne Self announced last week he is expanding his relationship with the United Sorghum Checkoff Program for the upcoming Texas State Fair, as well as the JAG Metals 350 at Texas Motor Speedway on Nov. 2, 2018.
Self, a native of Austin, Texas, began his relationship with the Sorghum Checkoff and Texas Grain Sorghum Board last fall. Since then, the partnership has pinnacled to new levels and will continue throughout the 2019 season, building on the successful partnership between Self's managing partner AM Racing and GO TEXAN.
According to Tim Lust, United Sorghum Checkoff Program CEO, the partnership provides a platform to tell an important story about the value ethanol provides to the American consumer and rural communities.
"Increased demand for E15 and higher blends of ethanol is key for continued sorghum farmer profitability in the U.S. Ethanol currently consumes 20-30 percent of domestically-produced sorghum, so driving increased market share for the fuel is paramount," he said. "Ethanol is a clean-burning, high octane fuel that lowers the price of gas for consumers while creating thousands of good-paying jobs in rural America, and we look forward to showcasing it through our partnership with AM Racing and Austin Wayne Self." For more on Austin Wayne Self, or to learn about the United Sorghum Checkoff Program and sorghum's benefits, click here.
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Dairy Industry Partners with Chelan Fresh to Increase Student's Access to Nutritious School Food
More than 13 million U.S. students come from food insecure households that lack the means to regularly provide enough nutritious food. In an effort to combat this epidemic, America's dairy farmers and the dairy community is partnering through their Fuel Up to Play 60 program with Chelan Fresh to increase student access to more nutritious food choices, including dairy products, in schools across Oklahoma, Arizona, California, Indiana, Iowa, Louisiana, Michigan, South Carolina, Ohio, Oregon and Washington.
Chelan Fresh, one of Washington state's largest suppliers of apples and pears and the nation's largest provider of fresh cherries, will provide portable breakfast/salad bar carts to nearly 9,000 students, and will serve an estimated 1.3 million meals annually. Research shows that improved nutrition, including daily breakfast, and increased physical activity can lead to improved academic performance. Eating breakfast at school can help kids be more attentive, behave better and achieve higher test scores. To learn more, visit the original story published to our website by clicking here.
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Express Ranches Host Their Annual Rancher's Bull Sale Today at 11:00 AM
Express Ranches has a tremendous set of Angus and Hereford Bulls, as well as some great females set for their 2018 edition of the Ranchers Bull Sale that gets underway at 11:00 AM this morning at the ranch in Yukon. Oklahoma.
A total of 272 Angus Bulls and 40 Hereford Bulls will sell starting at 11 AM. They are a big, stout set of bulls ready to improve your herd- with genomic enhanced EPDs on all of these bulls available that provides you a jump start in how these animals will work with your cow herd.
After the bulls sell, Express Ranches will offer a great set of Bred Heifers and Bred Cows- both Registered and Commercial offerings will be available.
Click here for the Express Ranches website- where you can check out the complete sale book, videos of the bulls on offer, the Supplement Sheet on last minute updates and a spreadsheet that has in detail the Angus Bull Data.
You can attend in person at the ranch in Yukon- or you can watch on LiveAuction.TV or on Superior Livestock Auction- on both the Cowboy Channel on Satellite TV- DISH Network Channel 232 and DirecTV Channel 603- or on Superior Click to Bid.Com.
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Our thanks to Midwest Farms Shows, P & K Equipment, Livestock Exchange at the Oklahoma National Stockyards, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Oklahoma Pork Council, 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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