Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Tuesday, October 13, 2020
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Here is your daily Oklahoma farm and ranch news update.
- Latest Road to Rural Prosperity Brings us to the Oklahoma State Chamber With their President, Chad Warmington
- Dr. Derrell Peel on Cattle Slaughter Dynamics
- CME's Scott Shellady on the Volatile Grain Markets and the Back and Forth Hog Market
- U.S. Dairy Advances Journey to Net Zero Carbon Emissions by 2050
- Stable Cattle Herd is Climate Neutral Says California Scientist Dr. Frank Mitloehner
- Oklahoma Cattlemen's Foundation Steer Carcass Challenge; Benefits OCF & Local Organizations
- School Land Auctions Wrap up today and Tomorrow
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Latest Road to Rural Prosperity Brings us to the Oklahoma State Chamber With their President, Chad Warmington
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Today's Road to Rural Prosperity trek brings us to the State Chamber of Oklahoma- and a chance to talk with their President and CEO, Chad Warmington. Chad is not a native Okie- but has been "all in" on Oklahoma since he took a job on the staff of then US Senator Don Nickles. He married a Guthrie girl and rejoined the State Chamber of Oklahoma in February 2020- just ahead of the Pandemic that has changed everything.
He cares deeply about Oklahoma- and is committed to improving the business climate of all of the state- including Rural Oklahoma.
Our conversation with Chad is being powered today by the Oklahoma Rural Water Association.
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Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company’s long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.
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Dr. Derrell Peel on Cattle Slaughter Dynamics
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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 cattle slaugher dynamics.
Cattle slaughter for the year-to-date through the week ending September 26, 2020 was down 3.6 percent year over year. This includes a 4.2 percent decrease in steer and heifer slaughter; a 1.2 percent decrease in total cow slaughter; and a 3.7 percent decrease in bull slaughter so far this year. Varying slaughter patterns across different cattle classes make it difficult to project where slaughter will end up as the year closes out.
The biggest component of cattle slaughter is steer slaughter, which is down 4.3 percent year over year through late September. Through March, prior to COVID-19 impacts, steer slaughter was up 5.1 percent year over year. By the end of May, the cumulative steer slaughter for the year to date was down 7.2 percent before slowly recovering through the summer and early fall. In the last eight weeks, steer slaughter in August and September has been up 2.2 percent year over year. Steer slaughter is projected to increase 3.0 - 3.5 year over year in the fourth quarter leading to an annual total down roughly 2.5 percent compared to last year.
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CME's Scott Shellady on the Volatile Grain Markets and the Back and Forth Hog Market
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Scott Shellady, known as the Cow guy with the CME group says Its been a pretty volatile summer for all the markets, but the wheat prices have been pretty good this past week. Associate Farm Director, KC Sheperd spoke with Shellady on Friday and he says, 'there are a lot of traders out there that trade the relationship between wheat and corn, and you cannot have any reason for wheat and corn to rally, but if corn and soybeans are skyrocketing around you, those relationships, they try to keep those ratios the same, and that will also drag it up, so we've had a lot of other reasons out there."
Producers have been worried about the prices of corn lately, and Shellady says they do have a cause for concern, "That's going to be a big issue if corn gets that expensive." However, Shellady says the good news is that we have seen our biggest customer come back in China, and we have also seen some other parts of the country open back up, so we've seen some demand come back that way, "There's a lot to talk about, and for the first time in a long time its all pretty good,"
The hog market has been pretty volatile this summer as well. Shellady said he would love to see something come out from the government supporting the prices right now, "just solidify things. Just take a little bit of the volatility out and give people a chance to grieve and decide how we will take the next step higher, and how we are going to attract those new customers to the market.' He says it can get quite dangerous when the numbers move too fast because you can't get a solid footing.
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Each Weekday- Listen to Cotton Talk!
For our farmers who have either- always have had cotton on their farms- or those who have more recently have added the fiber crop to their operations- we have a new daily report starting to be heard on several of our Radio Stations- It's Called Cotton Talk- and we appreciate the Oklahoma Cotton Council for their support in making this a reality.
Click on the Button below to listen to our most recent report
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U.S. Dairy Advances Journey to Net Zero Carbon Emissions by 2050
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Signaling bold climate change action, the Innovation Center for U.S. Dairy today unveiled the Net Zero Initiative, an industry-wide effort that will help U.S. dairy farms of all sizes and geographies implement new technologies and adopt economically viable practices. The initiative is a critical component of U.S. dairy’s environmental stewardship goals, endorsed by dairy industry leaders and farmers, to achieve carbon neutrality, optimized water usage and improved water quality by 2050.
“The U.S. dairy community has been working together to provide the world with responsibly-produced, nutritious dairy foods,” said Mike Haddad, chairman, Innovation Center for U.S. Dairy. “With the entire dairy community at the table – from farmers and cooperatives to processors, household brands and retailers – we’re leveraging U.S. dairy’s innovation, diversity and scale to drive continued environmental progress and create a more sustainable planet for future generations.”
The Innovation Center for U.S. Dairy also announced a key milestone on its journey toward carbon neutrality – an up to $10 million commitment and multi-year partnership with Nestlé to support the Net Zero Initiative and scale access to environmental practices and resources on farms across the country.
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We invite you to listen to us on great radio stations across the region on the Radio Oklahoma Ag Network weekdays-
if you missed this morning's Farm News - or you are in an area where you can't hear it- click below for this morning's Farm news from Ron Hays and KC Sheperd on RON.
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Sponsor Spotlight
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- “Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected. Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
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Stable Cattle Herd is Climate Neutral Says California Scientist Dr. Frank Mitloehner
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Cattle are not to blame for climate change, says Dr. Frank Mitloehner, professor and air quality specialist in Cooperative Extension in the Animal Science Department at the University of California, Davis.
Mitloehner has been a popular guest speaker on many virtual cattle industry meetings this year.
He challenges the idea advanced by environmentalists that cattle are to blame for greenhouse gases.
Mitloehner credits the cattle industry for reducing the carbon footprint and suggests cattle are climate neutral.
I believe beef is on its way to becoming climate neutral, he said.
Cattle emit methane, a gas that remains in the atmosphere for only 10 years.
Methane converts to CO2 during that 10 years, he said.
The carbon in the methane is not new carbon but rather recycled carbon, Mitloehner said.
He explains the bio cycle as carbon was in the atmosphere, absorbed by plants, eaten by cattle, goes into methane and the cycle starts over.
This is a different process than what happens with methane from fossil fuels, which operates on a 1,000-year bio cycle.
If the cattle herd remains about the same over a 10-year period, there is no net increase in methane.
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Oklahoma Cattlemen's Foundation Steer Carcass Challenge; Benefits OCF & Local Organizations
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The Steer Carcass Challenge is designed to provide an opportunity to donate to the Oklahoma Cattlemen's Foundation while creating a venue for friendly competition based on performance and carcass merit of cattle.
Steers that are donated by OCA members in a Unified County Cattlemen's Associations not only benefit the OCF, but also the local association. Half the profit off cattle from unified counties are sent back to the local level in support of active county cattlemen’s associations.
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Oklahoma School Land Lease Auctions, Last Two Auctions Today and Tomorrow
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The 32st annual School Land Trust lease auctions are wrapping up today and tomorrow. This year's fall lease auctions will include several hundred leases in 35 counties. Information about the time and place for the 2020 Lease Auctions is available here.
The Commissioners of the Land Office (Land Office) has approximately 750,000 acres of land in 42 counties managed by the Real Estate Management Division. Income earned through leasing these lands is directly distributed to the beneficiaries of the trust.
An agricultural lease is usually for a five-year lease term, the lease can be used for crop production, grazing, hunting, recreation or a combination of these uses.
Today's Auction kicks off at 10:00 AM for
Comanche, Cotton, Jefferson, Stephens, Jackson and Tillman Counties
at the Comanche County Fairgrounds:
920 W. Sheridan Road
Lawton, Oklahoma
Tomorrow's Final Auction takes place at 10am for Payne, Pawnee, Logan, Noble, Pottawatomie and Lincoln Counties
at the Payne Co. Fairgrounds:
Community Building
4518 Expo Cr. East
Stillwater, Oklahoma
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Commercial Cattle Grading Contest a Success
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FFA and 4-H youth from across Oklahoma demonstrated their knowledge of the commercial cattle industry last week at the Oklahoma State Commercial Cattle Grading Contest in Bristow. AFR/OFU Cooperative sponsored the inaugural event, which boasted approximately 400 individual participants in more than 100 teams.
To excel in the contest, participants employed their knowledge of high-quality cattle traits to choose breeding and market animals that would prove profitable in real-life production situations. The contestants ranked animals by structural soundness of replacement heifers, profitability of cull cows, market steer yield potential, and more. Ultimately, contestants were rewarded for their recognition of high-quality cattle—just as a producer would profit from similar selection within their own herd.
More details are available by clicking the button below- including the names of the high placing teams and individuals
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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.
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Today's First Look:
Ron on RON Markets as heard on K101
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
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Wholesale Boxed Beef Prices were higher on Monday- Choice Beef up 56 cents while Select Beef gained 52 cents.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 7,000 head on Monday.
Compared to last week: Feeder steers and heifers are trading 6.00-8.00 lower, instances 10.00 lower. Steer and heifer calves traded 4.00- 6.00 lower, few trades sharply lower as much as 8.00-10.00 lower. Demand light to moderate.
Click below for the complete closing report.
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Joplin Regional Stockyards had had 5,433 cattle for their Monday October 12th run.
Compared to last week, steers under 700 lbs 3.00 to 5.00 lower, over 700 lbs steady to 3.00 lower, heifer calves steady to 3.00 lower, yearlings heifers steady. Demand and supply moderate.
Click below to check the full report.
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Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures - click below for the latest update on the Livestock and Grain Futures Trade..
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Okla Cash Grain:
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture- The report available after the close of the Futures Trade for that day.
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Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
KC Sheperd, Associate Farm Director and Editor
Dave Lanning, Markets and Production
Sam Knipp, Farm News Editor
Pam Arterburn, Calendar and Template Manager
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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and are a main reason Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity will dive into these stories each week bringing you insight into the great things happening in and to rural Oklahoma. We will bring you stories covering rural life, agriculture, energy, healthcare, tourism and politics all affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
Today's Road to Rural Prosperity trek brings us to the State Chamber of Oklahoma- and a chance to talk with their President and CEO, Chad Warmington. Chad is not a native Okie- but has been "all in" on Oklahoma since he took a job on the staff of then US Senator Don Nickles. He married a Guthrie girl and rejoined the State Chamber of Oklahoma in February 2020- just ahead of the Pandemic that has changed everything. He cares deeply about Oklahoma- and is committed to improving the business climate of all of the state- including Rural Oklahoma. Our conversation with Chad is being powered today by the Oklahoma Rural Water Association.
To find out more about our full series of Podcasts on The Road to Rural Prosperity- click or tap here.
To hear this Podcast you can click here or tap below:
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR/OFU, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, 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 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.
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God Bless!
Reach Out To Us:
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Tim West
President/General Manager
Radio Oklahoma Ag Network
2401 Exchange Avenue,
Suite F
Oklahoma City, OK 73108
405.317.6361
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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network
405.473.6144
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