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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.
Superior Livestock has their regular very other week video auction this morning- starting with Superior Sunrise at 7:30 am and the Sale itself at 8 am. They have 18,000 to sell today- details are available here.
FedCattleExchange.com offered 620 head Wednesday with 0 cattle actually selling. Click here to see their complete market results.
sold feeder steers and heifers steady to weak on Wednesday- click or tap here
to read the full report from USDA Market News.
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
Thursday, November 15, 2018
| Featured Story:
When you break down the numbers of cattle being processed or slaughtered here in 2018, it tells an interesting story - so says OSU's Dr. Derrell Peel. He explained the breakdown of current slaughter picture in an interview with us this week, featured on Wednesday's Beef Buzz segment.
"There's a very different story here. We can look at overall cattle slaughter and see it is up about 2.7 percent for the year to date. And, that's about what it will stay on a year-over-year basis as we finish out the year," Peel said. "But, when you look at the different classes you get very different stories. Steer slaughter has been on of the harder things to get a handle on this year."
According to Peel's analysis as described in his article in this week's Cow/Calf Corner newsletter, "steer slaughter continues to run below year ago levels so far this year despite the fact that the quarterly feedlot inventories have shown more steers on feed in 2018 compared to last year. For the year to date, steer slaughter is about one percent below last year but in the last four weeks has averaged very close to year ago levels. Steer slaughter has averaged 51.6 percent of total cattle slaughter so far this year, down from 52.9 percent of total cattle slaughter in 2017. As heifer and cow slaughter return to normal levels, steer slaughter will move closer to the long-term average of 50.6 percent of total slaughter.
Heifer, cull cow and dairy cow slaughter this year are all averaging well above year ago levels currently suggesting that expansion has slowed rapidly. Peel predicts that 2019 will mark the peak in the overall herd expansion, believing that the US beef cow herd has probably expanded slightly for the year and expects the 2019 reports to show an increase of as much as a half a percent perhaps. Listen to Peel breakdown the numbers to better understand the overall slaughter picture right now, on yesterday's Beef Buzz - click here.
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Environmental Defense Fund and the National Corn Growers Association announced yesterday that the two organizations have entered into a partnership aimed at addressing one of the most pressing challenges for today's farmers, rural communities and natural resources - how to improve environmental outcomes while optimizing productivity and profitability.
The partnership will elevate the importance of continuous improvements for water quality and climate resilience, while strengthening yields and profitability. This partnership will achieve its mission by focusing on data and measurement; on-farm engagement; policy advocacy; finance and economics; and outreach and communications.
Agricultural and environmental communities have responded well, celebrating this unexpected partnership. Brandon Hunnicutt, Nebraska farmer and member of NCGA's Corn Board remarked that stewardship has always been a way of life for farmers and that he is excited to see what this partnership can accomplish as it seeks to improve the environment in cooperation with actual producers. Rod Snyder, president of Field to Market stated that this partnership will help translate corporate sustainability commitments into on-farm conservation that works for farmers and the environment.
Click here to jump over to the original story on our website to learn more about this first-of-its-kind partnership between an environmental organization and commodity crop association.
At first glance, Polly Ruhland, former Cattlemen's Beef Board CEO and current United Soybean Board CEO, says the USB and the CBB are alike in many ways, structurally. But, the USB has many differences as well. For instance, Ruhland says the investment for one is much larger than what she dealt with while serving beef producers. And while soybeans are a very versatile commodity, Ruhland says it isn't a "center of the plate" kind of product like beef. Due to its versatility though, there is much to be explored when it comes to soybeans from a research perspective and potential marketing strategies. Ruhland says the soybean industry still has exponential room for growth and expansion and believes partnering with other commodities can unlock that hidden potential.
"We think that the opportunity for us to market soybeans through our partners in pork and poultry is growing and growing and growing," she said. "And, fortunately, so is our supply of soybeans as yields grow and acres expand."
Ruhland admits that this won't come without its challenges, though, citing the pressures being felt by the ongoing US-China Trade War as well as the rough harvest season producers have dealt with this year. However, with continued investment in research and plenty of well-thought out planning and strategizing, Ruhland says US soy can easily position itself above all other competitors in the global marketplace.
"As long as farmers can in the future have a better idea - know what grows better," Ruhland said, "then we think that quality will sort itself out and we will continue to shine as the highest quality bean in the world."
You can read more or listen to our complete conversation recorded this past week at the National Association of Farm Broadcasters Convention in Kansas City, by clicking here.
The U.S. cotton industry this week, released a statement on how it intends to meet its 2025 sustainability goals, part of the U.S. Cotton Trust Protocol; an integrated data collection, measurement and verification procedure that will document U.S. cotton production practices and their environmental impact. This protocol and the corresponding sustainability goals were set and adopted this week during the Cotton Sourcing USA Summit in Scottsdale, Ariz.
The goal of this measure is intended to benchmark farmers' gains towards the industry's sustainability efforts and will provide the global textile supply chain additional assurances that U.S. cotton is produced in a responsible manner.
The benchmarks that are included in this initiative will demonstrate the industry's commitment to increasing productivity and efficiency while reducing pollution and use of resources.
The details of the Protocol are being fine-tuned, and a pilot program will be launched in 2019 and fully implemented with the 2020 cotton crop year. Participating growers would be required to adopt a data tool that allows for the quantitative measurement of key sustainability metrics, such as the FieldPrint Platform from Field to Market. Growers also would complete a self-assessment checklist of best management practices; with a sampling of participating producers subjected to independent verification. The online interface and associated databases are currently being developed by a Memphis-based company The Seam. Click here to learn more.
The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website
. For more information- call 405-235-4391.
Raegan Klaassen, daughter of Chris and Ginger Klaassen, was awarded the overall grand champion award showing her Doublestop CL Plus variety in the 2018 Oklahoma 4-H/FFA Junior Wheat Show. Klaassen placed 3rd in production and milling and 2nd in baking, earning her the title of 1st place as the FFA champion, and overall grand champion of the 4-H and FFA Junior Wheat Show. Klaassen is from the Hydro-Eakly FFA chapter.
Klaassen claimed close to $5,000 in prizes and scholarships for having the top entry of the entire show.
Rylee Glazier, daughter of Dale and Lori Glazier, placed 1st overall in the 4-H division while showing her Smith's Gold variety at the 2018 Oklahoma 4-H/FFA Junior Wheat Show. Glazier placed 5th in production and milling and 1st in the bake contest earning her the title of 1st place and 4-H champion overall. Glazier is a member of the Lomega 4-H club in Kingfisher County.
More details about the contest- and a full list of top placings for both FFA and 4-H can be seen by clicking or tapping here.
With only a few days left in 2018 to pass legislation, the Center for Rural Affairs is strongly urging members of Congress to give farmers and ranchers the certainty they need going into the new year, by passing a farm bill. A statement from the CRA's Policy Manager Anna Johnson says passing the 2018 Farm Bill should be at the top of Congress' list.
Outlined in her argument were three reasons lawmakers should approve a farm bill including closing loopholes in commodity payments, renewing major conservation programs, and continuing programs that offer support to rural communities and beginning farmers.
"The Senate has proposed a farm bill that, if passed, would accomplish all of these goals and serve rural America well," Johnson said. "What's more, it passed with historically strong bipartisan support. Congress, we urge you to follow the lead of the Senate and pass a final farm bill that supports rural America."
Read Johnson's full statement regarding the Farm Bill made on behalf of the Center for Rural Affairs, by clicking here.
| OSU Meat Judging Team Named National Champions at 2018 International Meat Judging Contest
Three Oklahoma State University Judging Teams have won National and World honors in recent days- we're saluting each of them this week and this morning- we congratulate the National Champion OSU Meat Judging Team- for taking top honors at The 2018 Intercollegiate Meat Judging Contest hosted by Tyson Foods in Dakota City, NE on November 11.
According to team coaches Morgan Pfeiffer and Dr. Gretchen Mafi, this marks the 19th National Championship for OSU, which is the most of any university. This also marks the 3rd National Championship in the last 5 years for the Cowboys. The team also won the beef grading, total beef, and specification (with a perfect score) divisions. The team also had several high-placing individuals and two of its members named to the All-American team.
Click here to see the overall placings of the members on this year's team.
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