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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.
Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
Oklahoma National Stockyards
saw 11,500 head of cattle and higher prices on Monday- Feeder steers and heifers 1.00- 5.00 higher
- Click here
for the complete report from USDA Market News.
Okla Cash Grain:
Joplin Regional Stockyards
had just under 8,000 head on Monday and it was a mixed bag on trends- steers under 550 lbs and heifers under 600 lbs steady to 5.00 lower, steer calves over 550 lbs and yearlings steers steady to 3.00 higher, yearling heifers steady. Click here for the complete report.
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
Tuesday, May 5, 2020
Happy Cinco De Mayo!
The Oklahoma Department of Agriculture and the Oklahoma Cattlemen's Association are joining forces to establish the Oklahoma Beef Packing/Processing Task Force, a joint effort that will meet for the first time by the end of this week. We know two of those that will be involved- Co Chairs Oklahoma Ag Secretary Blayne Arthur and Michael Kelsey.
I caught up with Kelsey, the Executive Vice President of the Oklahoma Cattlemen's Association yesterday afternoon about what is expected to be about a fifteen person task force to "explore opportunities that can be provided to Oklahoma beef cattle men and women specifically in the area of beef Packing/Processing."
Kelsey says that "To accomplish this, our task force will need to turn over every rock, ask every question (no matter how far-fetched they may sound), explore every dream and define every challenge. We are not going into this with a naive or "pie in the sky" attitude. It will be a hard discussion. When we are finished, we are confident our results will be positive even if those conclusions say now is not the opportune time to expand capacity. We will allow failure to be defined only as "we didn't try"."
Click or tap here to read more- and to listen to our conversation with Michael about this just announced joint task force.
Here in May- we are delighted to welcome the Oklahoma Cotton Council as our newest sponsor of this daily email!
The Oklahoma Cotton Council is proud to serve the cotton producers and those who are a part of the cotton industry in Oklahoma- promoting and protecting their interests. In Recent Years- cotton acreage has grown in Oklahoma- and today we are the third largest Cotton State in the US- based on Acres Planted.
The Oklahoma Cotton Council is funded by growers to promote the production and profitability of cotton through research, advocacy and education. Follow the Oklahoma Cotton Council on Facebook
or check out out the Oklahoma Cotton Council website- okiecotton.org
|OSU Extension Takes on Job of Holding Oklahoma Wheat Crop Assessment- Zooming This Morning
For literally decades, one of the meetings that has been on my calendar to attend has been the Oklahoma Grain and Feed Association annual meeting where they dedicate a part of their agenda to pull together reports from all districts in the state of Oklahoma to report on the status of that year's wheat crop.
This year the session was scheduled for today in Oklahoma City- on the final year of Joe Neal Hampton's watch as the Executive Director.
The Pandemic turned a lot of stuff upside down here in 2020- including the cancellation of so many meetings and events. Among the casualties- the gathering of extension and private reporters to offer their best take on the size of the Oklahoma wheat crop- this in advance of the USDA May Crop Production Report that will be released next week on May 12.
BUT- the wheat industry still wanted this traditional "first look" at the condition and quantity of the Oklahoma Crop- and that event will go on- sponsored by OSU Extension, as they host a Zoom Meeting this morning at 9 AM.
It will be moderated by our new OSU State Wheat Specialist Dr. Amanda Silva- and there will be reports from all parts of Oklahoma- much like it has been done in years gone by.
By the end of the meeting- there will be an estimate of the 2020 Oklahoma winter wheat crop.
If you want to join the ZOOM meeting, click here to sign up.
2020 has proven to be a year speed when it comes to getting the potentially huge US corn crop into the ground- the latest Crop Progress report shows farmers have planted 51% of the crop versus 21% at this point last year as muddy fields kept farmers sidelined.
Meanwhile, the Oklahoma wheat crop is still ahead of the pack as the 18 major winter wheat states are showing an average of 55 percent in the good to excellent category compared to Oklahoma's 64 percent.
In Oklahoma wheat headed reached 71 percent, up 15 points from the previous year but down 2 points from normal.
Wheat condition is rated 64 percent good to excellent this week (62 percent last week), 29 percent fair (24 percent last week) and 7 percent is poor to very poor (14 percent last week).
In Kansas the winter wheat conditions are not much changed from last week as the crop is rated 42 percent good to excellent (40 percent last week) 36 percent fair (40 percent last week) and 22 percent poor to very poor (20 percent last week).
The Texas wheat crop is rated 50 percent in the good to excellent category (57 percent last week), 33 percent fair (30 percent last week) and 17 percent is poor to very poor this week (13 percent last week).
To read the complete Crop Progress report, click here:
U.S. Small Business Administration Administrator Jovita Carranza announced Monday that agricultural businesses are now eligible for SBA's Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA's EIDL portal started accepting applications yesterday at noon as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed into law by the President one week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the Coronavirus (COVID-19) pandemic. Click here to jump to the page that helps you start the process to pursue funding as an agricultural business.
"For more than 30 years, SBA has been prohibited by law from providing disaster assistance to agricultural businesses; however, as a result of the unprecedented legislation enacted by President Trump, American farmers, ranchers and other agricultural businesses will now have access to emergency working capital," said Administrator Carranza. "These low-interest, long-term loans will help keep agricultural businesses viable while bringing stability to the nation's vitally important food supply chains."
Click here for additional details about the ag specifics of accessing these dollars.
U.S. Department of Agriculture Secretary Sonny Perdue was quick to cheer the announcement that agricultural producers, for the first time, are now eligible for the Small Business Administration (SBA)'s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs.
"America's farmers, ranchers, and producers need the same help that other American businesses need during this unprecedented time," said Secretary Perdue. "This significant new authority signed by President Trump will make a tremendous difference for America's agricultural community."
Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Peel talks about how grocery disruptions continue amid beef processing chaos.
COVID-19 continues to sweep through packing plant workers leading to severe disruptions in beef processing. Estimated cattle slaughter for the week ending May 2 was 425,000 head, down 38 percent year over year. Total cattle slaughter has averaged 26.4 percent lower than last year over the past four weeks, a decrease of 689,000 head and a little more than one week of cattle slaughter at this time of year.. The backlog of slaughter cattle is growing rapidly.
Corresponding to slaughter decreases, beef production was down over 35 percent year over year last week, with average weekly beef production the past four weeks down 25 percent from the same period last year. Over the last four weeks, total beef production was down 520 million pounds year over year. For the first 14 weeks of the year, before the current reductions started, average weekly beef production was 525 million pounds. This means that one of the last four weeks of beef production has been lost due to decreased beef packing capacity.
was founded in 1932 in Oklahoma City. National's Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures. National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation's premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today's producer. To learn more, click here
for the website or call the Oklahoma City office at 1-800-310-0220.
U.S. Secretary of Agriculture Sonny Perdue today announced details of $470 million in Section 32 food purchases to occur in the third quarter of fiscal year 2020, in addition to purchases previously announced, which will enable USDA to purchase surplus food for distribution to communities nationwide.
These Section 32 purchases will provide additional support for producers and Americans in need, in response to changing market conditions caused by the COVID-19 national emergency.
"President Trump has authorized USDA to support our farmers affected by this national emergency and this action to purchase food and deliver to those in need further demonstrates his unwavering support for the American people during these unprecedented times," said Secretary Perdue. "America's farmers and ranchers have experienced a dislocated supply chain caused by the Coronavirus.
USDA is in the unique position to purchase these foods and deliver them to the hungry Americans who need it most."
Years of beef research and developing consumer-oriented content is now paying dividends explained Alisa Harrison, senior vice president of global marketing and research for the National Cattlemen's Beef Association.
Three out of four American consumers have been forced to shelter at home due to the COVID-19 pandemic, Harrison said, and that means a lot of them are learning, or re-learning, how to handle and prepare beef.
"Our most immediate concern was helping consumers cook beef at home," Harrison said.
The NCBA official said they shifted their focus in mid-March to help consumers.
A lot of that great content that we have stored about choosing, preparing and storing beef as well as comfort recipes we have on our website, Harrison said.
She noted they were able to quickly get this information out because they have years of content the beef checkoff has paid for.
"It's always out there and ready for duty," Harrison said.
The National FFA Organization and National FFA Foundation recently announced their 2020 scholarship winners.
FFA awarded more than $2 million in scholarships to 1,323 recipients, thanks to the generosity of 103 sponsors.
More than 6,800 students applied online for the scholarships, with many of the applicants being considered for multiple awards. Approximately one in every four students who applied was awarded a scholarship. The scholarships were available to students pursuing two-year or four-year degrees or vocational programs. The average recipient had a GPA of 3.82 on a 4.0 scale.
A total of 48 Oklahoma FFA members were awarded 49 scholarships from the National Organization. One of the highest single scholarships in the country went to Carsen Edwards of Balko FFA, winning a $10,000 scholarship awarded by FFA and sponsored by Darling Ingredients, Inc. Andrew Houk of Fairview pulled down two $1,000 scholarships in the announcement. Click here for the complete list of Oklahoma Scholarship winners from the sponsors awarded through the National FFA Foundation. The 49 scholarships awarded Oklahoma FFA members totaled $60,000.
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