Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 6/2/2020, 5:56 AM
To: ron@ronhays.com



 
OK Farm Report banner
 

Follow us on Twitter    Find us on Facebook    View our videos on YouTube

   

     View my photos on flickr

 

 

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!  
MarketLinks 
 
 
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.
 

Monday's Choice Boxed Beef Cutoff saw the biggest single day drop yet- off $22 to $341 while the Select Beef fell $23 to 316 per hundred- click here for the complete June first report from USDA Market News.
 

Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures- Click here for the report posted yesterday afternoon around 3:30 PM.


You could tell from the number of trucks seen Sunday and Monday at the Oklahoma National Stockyards that Monday June first was going to be a huge sale day-over 16,000 head estimated- Compared to two weeks ago: Feeder steers and heifers steady to 3.00 higher. Steer calves 2.00-5.00 lower. Heifer calves unevenly steady. Click here for the complete report from USDA Market News.
 

Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.
 

Joplin Regional Stockyards reported just over 10,000 cattle for Monday- No sale last week due to the Memorial Day Holiday, compared to two weeks ago, steers under 500 lbs and heifers under 550 lbs steady to 5.00 higher, steer over 500 lbs steady to 2.00 higher- click here for their complete report.

  
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network - analyzing the Futures Markets from the previous Day.
 
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
 
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
 
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.
 


 
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, June 2, 2020

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 



According to the Monday Harvest Report released by the Oklahoma Wheat Commission, the 2020 Oklahoma wheat harvest began with a few sample loads of wheat around the Oklahoma/ Texas state line in Grandfield, on May 21st-23rd.   Rain and high moisture hindered producers from getting back into the fields at full speed until this past weekend.   Farmers were able to get good starts in Southwest Oklahoma over the past couple days with harvest also beginning in parts of Central Oklahoma around Okarche, Piedmont, Cashion, Omega and Loyal. Harvest is also taking place around Hobart, Gotebo, Rocky and Sentinel, with producers around Lawton, Chickasha and Apache reporting it will be a few days longer until the wheat is ready for cutting. We have had some early reports of combines rolling as far North as Bison and Marshall, although actual yields are too early to report.

While it generally takes harvest a couple days to catch up to the central regions, due to the moisture in Southwest Oklahoma last week, it looks like harvest is going to be ready all at once in many areas across the state. Low yield reports are coming in as expected from most all areas of Southwest Oklahoma due to severe freeze damage and in areas that have been plagued with hail earlier in May. Reports are ranging from 5 to 25 bushels per acre. The central regions are faring better, with yields being reported in the mid 40's to mid 50's depending on varieties and location.   Test weights across the state are coming in exceptionally well.

Reports of some weights in the high 50's have been noted, but overall most test weights are in the 60 to 63 lbs. per bushel range. A couple reports came in at 65 to 66 lbs. per bushel on some fields in central Oklahoma. Proteins are varying across the board. Proteins are in the range of 11.5% to 12% in many parts of Southwest Oklahoma, with lower proteins being reported in Central Oklahoma in the 9% to 11% range. Some 12% proteins in Central Oklahoma have been reported as well.


Sponsor Spotlight
 
 
Established in 1905 as Oklahoma Farmers Union, AFR/OFU has been a champion for rural Oklahoma for more than 100 years. Today, the AFR/OFU Cooperative provides educational, legislative and cooperative programs across the state and AFR Insurance provides auto, home, farm and life insurance to both rural and urban Oklahomans.
 
AFR/OFU serves as a watchdog for our state's family farmers, ranchers and rural communities. Join us at www.afrcoop.org or www.afrmic.com.


   


A webinar to explore the Coop Model for Beef Packing and Processing has been set for Thursday, June 4 at 2 p.m.


Dr. Phil Kenkel, OSU Department of Agriculture Economics will be the featured panelist. The webinar is
offered and hosted by the recently formed Packer/Processor Task Force, formed by the Oklahoma
Department of Agriculture, Food and Forestry (ODAFF) and the Oklahoma Cattlemen's Association
(OCA).

"The task force has discussed many different business models to expand packing and processing
capacity in Oklahoma," said Michael Kelsey, Task Force Co-Chair and OCA Executive Vice
President. "Additionally, members of the task force have received questions and comments from
producers interested in creating a COOP packing plant. The purpose of this webinar is to discuss the
different types of COOP models and how they might work in beef packing and processing."

The webinar will be hosted on Zoom and registration is required. The webinar ID is 853 8505 9192. The
webinar password is 761875. To get signed up for the 



Corn producers in the 18 major corn producing states are starting off June with 93 percent of their crop in the ground. This week's USDA crop progress reports indicates that is 5 points ahead of last week and 4 points ahead of the 5-year average. Farmers in Nebraska, Minnesota and North Carolina are 99 or 100 percent complete. Farmers in North Dakota, Ohio and Pennsylvania have at least 75 to 80 percent planted.

The nation's winter wheat crop is rated 64 percent in the good to excellent category, a 10-point improvement from last week.

With combines quickly moving through southern and southwestern Oklahoma, the overall crop condition is rated at 56 percent in the good to excellent category, a 4 percent drop from last week, 28 percent is rated fair and 16 percent poor to very poor.

In the top winter wheat producing state of Kansas this week, the crop is rated 42 percent good to excellent (a 2 percent improvement), 33 percent fair and 25 percent poor to very poor.

In Texas, wheat harvest continued or was completed in some areas of the state, while harvest slowed in areas of the Edwards Plateau due to recent rains. Winter Wheat harvest was just getting underway in some areas of the Northern High Plains region and was expected to begin in most areas in the next ten days.

 Peel3

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 the beef markets can move past disruptions.


Barring a major setback, it appears that beef markets are moving past the worst of the disruptions that have caused upheaval is recent weeks. Beef markets were thrown into turmoil in March as food service markets were sharply curtailed and beef demand focused on retail grocery. This caused bottlenecks in supply chains and an initial wave of disruptions in product flows.

Beginning in early April, COVID-19 began to impact workforces in many packing plants causing plant closures and reduced slaughter rates. Cattle slaughter and beef production decreased on a year over year basis for four consecutive weeks. The lowest point occurred the last week of April when total cattle slaughter was down 34.8 percent year over year. Beef production that same week was down 33.8 percent compared to the same week one year ago. Significant recovery has occurred from that low with estimated cattle slaughter the week ending May 30 down 10.9 percent year over year. With cattle carcass weights increasing sharply due to delays in marketing fed cattle, estimated beef production last week was down just 7.6 percent year over year. 

 
Sponsor Spotlight 
 
 
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show- normally in April but this year rescheduled to June. 
  
The 2020 Oklahoma City Farm Show  will be happening in the spacious Bennett Event Center at the State Fair Park June 18-19-20, 2020.
 
There is still time to contact the Midwest Farm Show Office at 507-437-7969 and talk with Ron Bormaster about space at the 2020 Oklahoma City Farm Show.   
 
To learn more about the Oklahoma City Farm Show, click here
 
 


Cattle are not adding extra methane to the environment according to Dr. Frank Mitloehner, professor and air quality specialist in Cooperative Extension in the Animal Science Department at the University of California, Davis. Mitloehner was a keynote speaker during the recent virtual ONE, Alltech Ideas Conference.

"The carbon that is emitted by our animals is recycled carbon," he said. "It came from atmospheric CO2, made it through plants and into our animals and was belched out, but after a while becomes CO2 again."

Mitloehner has studied the methane cycle for years and emphasized methane gas does matter as it is a potent greenhouse gas.

However, if cattle herd numbers remain approximately the same, he said we are not adding more methane.

"This is a total change in the narrative around livestock, Mitloehner said."

He predicted this will be the narrative in the years to come. 




Kicking off in June, National Dairy Month will celebrate dairy farmers and their long-time commitment to

communities. Dairy MAX, a non-profit dairy council representing more than 900 dairy farm families across
eight states, will commemorate the annual month-long event by sharing the great news of dairy - a
delicious and nutritious, cost-efficient food produced by the original environmental stewards, farmers.

"Oklahoma dairy farmers know how important it is to feed our fellow Oklahomans," said Jim Deaton, Dairy
MAX board member representing Braum's Ice Cream and Dairy Stores. "From improved farming practices,
to our commitment to the community we celebrate real, delicious dairy this National Dairy Month."
Dairy farms contribute nutritious food, jobs, income and outreach to their local communities.

Over 3 million
U.S. jobs are created by the dairy industry, generating $620 billion in overall economic impact. And for
every dollar generated from dairy farming, it turns over up to seven times in the local community.
Dairy farmers are just as committed to giving back through their work, as they are to giving back to the
communities, they call home. To celebrate National Dairy Month, Dairy MAX will partner with regional blood
banks for the eighth annual Passion for Pints Blood Drive.


The U.S. Department of Agriculture (USDA) today kicked off the 11th annual government-wide Feds Feed Families (FFF) campaign, which encourages employees from all federal departments and agencies to give in-kind contributions -- food, services, and time -- to food banks and pantries. This year's campaign highlights a summer of giving in June and July, along with seasonal reminders to donate throughout the year.

"During these challenging times with coronavirus, I am amazed by the generosity of the American people and their giving nature," said U.S. Secretary of Agriculture Sonny Perdue. "Our USDA family has the most dedicated employees in the federal government and this campaign is our chance to help feed those in need."

The 2020 campaign focuses on online donations and virtual food drives, while also providing guidance for in-person donations and events as appropriate. Federal employees can go to the new website, the FFF Hub, to find out how and where to donate online or in-person at food banks and food pantries, how to organize virtual food drives, how to find field or warehouse gleaning opportunities, and how to share donation success stories. Since FFF in-kind donations are measured in pounds rather than dollars, the new website makes it easier than ever to record contributions.

KStateAnd FINALLY- Kansas State Ag Econ Study Predicts Farm Income DISASTER in 2020


It's not pretty. Using 2019 Kansas Farm Management Association members' average net farm income as a baseline, a team of Kansas State University agricultural economists is estimating that net farm income in 2020 will fall from an average of $110,380 in 2019 to $14,358 in 2020, a drop of 87%.

The 2019 number was bolstered in large part by Market Facilitation Program payments provided to farmers to buffer the disruptive effects of trade disputes with other countries that were occurring prior to the pandemic.

The one possible rescue for these operations will be the CFAP payments that may mitigate some of the loss- that program has just opened up for sign up last week and it will offer some liquidity to some producers(not hard red winter wheat producers) here in 2020.

The full story is up on our website- click here to take a look- and we have the link to the abstract of the study linked in the story as well.

 
Our thanks to Midwest Farms Shows, P & K Equipment, AFR InsuranceOklahoma Farm, Bureau, Oklahoma Ag Mediation Program, Stillwater Milling Company, Oklahoma Cotton Council, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, 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 also appreciate our Market Links Sponsor - OKC West Livestock!
  
 
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
 

 




© 2008-2019 Oklahoma Farm Report
Email Ron   |    Newsletter Signup
Oklahoma Farm Report, 2401 Exchange Ave., Suite F, Oklahoma City, OK 73108
Sent by ronphays@cox.net in collaboration with
Constant Contact
Try email marketing for free today!