Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Tuesday, February 9, 2021
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Here is your daily Oklahoma farm and ranch news update.
- 2020 Pork Exports Shatter Previous Records; December Beef Exports Outstanding
- Dr. Derrell Peel with Feeder Supply Facts
- Great Plains Kubota Partners with Oklahoma Cattlemen to Grow Membership
- New Southern Plains Podcast--Featuring Mary Knapp, Kansas State Assistant Climatologist
- Tight Beef Supply Indicated in Latest USDA Cattle Inventory Report Says Katelyn McCullock, LMIC
- Researcher Receives Grant to Sniff Out Invasive Pests, Species in Agriculture
- Board of Education Primary and Special Elections Today
- Oklahoma Set Up For a Year of Strong Influence on Direction of Beef Checkoff Investments
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2020 Pork Exports Shatter Previous Records; December Beef Exports Outstanding
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U.S. pork exports reached nearly 3 million metric tons (mt) in 2020, topping the 2019 record by 11%, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). Pork export value also climbed 11% to a record $7.71 billion. Exports set new annual records in China/Hong Kong, Central America, Vietnam and Chile, and achieved strong fourth quarter growth in Japan and Mexico.
U.S. beef exports finished 2020 lower year-over-year, falling 5% in both volume (1.25 million mt) and value ($7.65 billion). But beef exports finished the year with very strong momentum, with fourth-quarter volume up 4.5% from 2019 and posting one of the best months on record in December. Beef exports to China were record-large in 2020 and a new volume record was also achieved in Taiwan.
"Obviously the surge in demand from China, especially in the first half of 2020, was a driving force behind the record performance for U.S. pork exports," said USMEF President and CEO Dan Halstrom. "But China was not the only success story in 2020, as exports achieved growth in a broad range of markets. Diversifying export markets is a top priority for USMEF and the U.S. industry, and that strategy paid dividends - especially in the fourth quarter, when exports to China/Hong Kong were down 9% from 2019 but shipments to the rest of the world nearly offset that slowdown."
Beef exports were heavily impacted by foodservice restrictions in many major markets but trended higher late in the year, bolstered by very strong retail and holiday demand
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Oklahoma AgCredit is a cooperative, owned by the members we serve. This ensures our customers’ needs come first. Our profit can only be used in two ways – retained to build our financial strength or passed on to members through our Patronage Program. Patronage is like an interest rebate and it basically reduces our members cost of borrowing. We have returned more than $53 million to our members since 1997.
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Dr. Derrell Peel with Feeder Supply Facts
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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 feeder supply facts.
The Cattle inventory report provides lots of information but does not answer one important question: What is the inventory of feeder cattle available to be placed in feedlots for finishing? We calculate an estimate of the supply of feeder cattle by summing the reported inventories of steers (over 500 lbs.), other (non-breeding) heifers (over 500 lbs.) and calves (under 500 lbs.) and then subtracting the reported inventory of cattle on feed. The resulting value is an estimate of weaned feeder cattle outside of feedlots (in stocker or backgrounding programs) plus unweaned suckling calves.
The estimated feeder supply for January 1, 2021 is 25.66 million head, fractionally lower year over year (Table 1). The fact that the 2020 calf crop was down 1.3 percent year over but the estimated feeder supply was only down 0.2 percent compared to last year indicates that a larger proportion of calves and yearlings were carried over from 2020 into 2021. This is consistent with the fact that total feedlot placements were down 4.1 percent in 2020.
Feeder cattle supplies are starting the year relatively large but are expected to decrease as 2021 progresses. However, the cattle on feed inventory on January 1 (14.71 million head) is a record 57.3 percent of the feeder cattle supply. This means there are less than two head of feeder cattle available outside feedlots for every animal currently on feed. This ratio has averaged 53.3 percent in the last decade and is up from less than 40 percent three decades ago. This indicates that cattle are being used much more intensively over time.
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Great Plains Kubota Partners with Oklahoma Cattlemen to Grow Membership
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Great Plains Kubota has partnered with the Oklahoma Cattlemen’s Association to help grow membership during the 2020-21 membership year.
“OCA Leadership set a goal to increase membership by 10% annually,” said OCA President, Mike Weeks. “We are so grateful the continued support of Great Plains Kubota in accomplishing our membership goals.”
Great Plains Kubota will provide membership recruitment incentives in the form of store dollars towards the purchase or lease of Kubota equipment as follows:
• $2,500 to the member who recruits the most new members
• $5,000 drawing to the member of the Top Hand Club
• $5,000 drawing to a new member
• $2,500 drawing to a member who recruits at least one new member
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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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New Southern Plains Podcast--Featuring Mary Knapp, Kansas State Assistant Climatologist
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There's a new Southern Plains Podcast up online, hosted by Clay Pope.
In this special episode of the podcast we are talking about the weather outlook in Kansas with that State's Assistant Climatologist, Mary Knapp.
Mary talks to us about current conditions and what we can expect weather-wise in Kansas over the next few days and weeks.
You can hear it here:
or you can check out all our podcasts, blogs and videos here:
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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 vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations. To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes.
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Tight Beef Supply Indicated in Latest USDA Cattle Inventory Report Says Katelyn McCullock, LMIC
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A deep dive into the latest USDA Cattle Inventory Report indicates a tighter beef supply situation for the coming year, said Katelyn McCullock, director and senior agricultural economist for the Livestock Marketing Information Center.
The cattle inventory report shows total cows and calves are down about three-tenths of a percent, she said.
This is our signpost to show where the direction of our cow herd is going, she said.
The 2020 calf crop was down about 1.3 percent and the revised 2019 calf crop was down about 2 percent from 2018, she said.
That’s about a half-million head lost, McCullock said.
Beef Cows were down about 1 percent nationally.
The top five beef cow states are Texas at the top with 4.685 million head, and Oklahoma 2nd with 2.189 million cows.
Other top-five beef cow states are Missouri, Nebraska and Kansas.
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Researcher Receives Grant to Sniff Out Invasive Pests, Species in Agriculture
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Over the last few decades, detection dogs have been trained to sniff out myriad of harmful elements, from criminals and drugs to explosives and diseases. Their ability to accurately find potentially dangerous people, narcotics and incendiary devices and detect potentially life-threatening illnesses has helped make the world a much safer place while saving thousands of lives. Nathan Hall an assistant professor of companion animal science in the Texas Tech Department of Animal & Food Sciences. Hall, along with College of Agricultural Sciences & Natural Resources postdoctoral research fellow Edgar Aviles-Rosa are working on the idea that maybe dogs can smell ag pests.
“This project will allow us to investigate the fundamental capability of the canine nose to identify and detect agricultural pests and diseases, which cost multi-millions of dollars in damage annually,” Hall said. “While exploring the sensitivity and resolution of the dog’s nose, we also will evaluate the capacity of already scent trained dogs in sport scent work through the National Association of Canine Scent Work (NACSW) across the U.S. as a means to support farmers with an early detection tool for agricultural diseases.”
Their research is being bolstered by a $475,000 grant from the Agriculture and Food Research Initiative of the United States Department of Agriculture (USDA) National Institute of Food and Agriculture’s Cooperative State Research Education and Extension Service.
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Board of Education Primary and Special Elections Today
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Voters in forty-nine (49) Oklahoma counties have elections today, February 9. Elections on the ballot include Board of Education primaries, Technology Center School District elections, as well as several Special Elections, including the race to fill a vacancy in State Senator District 22. Polls will be open 7 a.m. to 7 p.m.
Voters are asked to follow all social distancing and safety protocols when voting in-person, and it is strongly recommended that voters to wear a mask or other facial covering to protect themselves, as well as those around them. Learn more about safety protocols at https://oklahoma.gov/elections.html
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Oklahoma Set Up For a Year of Strong Influence on Direction of Beef Checkoff Investments
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There are hundreds of cattle producers who have oversight of how the dollar a head beef checkoff is spent- State Beef Councils collect the dollar for the Cattlemen's Beef Promotion Board- and those state councils keep half of the dollar and decide how to spend that half of the dollar for the most impact for their producers. Those State Councils are selected at the state level- for example, the Oklahoma Beef Council is made up of nine cattlemen and women who represent organizations that represent cattle interests in the state.
Then there is the CBB- over a hundred cattlemen and women who are nominated by their states and from the ones nominated- are selected by the the USDA Secretary of Ag.
The CBB and the Federation of State Beef Councils come together in committees to look at all the national proposals on how to invest the beef checkoff dollars at that level- the final coming together is called the Beef Promotion Operating Committee- ten reps from CBB and ten from the federation to sort out how to get the most bang for the buck.
In the coming year- Oklahoma cattle producers will hold three of those twenty seats.
On the Federation side- During the Cattle Industry Winter Business Meeting, Clay Burtrum, a rancher from Stillwater, Oklahoma, was elected Chair of the Federation of State Beef Councils. In the position, Burtrum, will also serve as Vice Chair of the Beef Promotion Operating Committee. Also named to the BPOC was Brett Morris, a beef farmer from Ninnekah, Oklahoma.
On the national board known as the CBB- a third Oklahoma has earned the right to sit on the Operating Committee. Jimmy Taylor, a rancher from Cheyenne, Oklahoma, was elected Secretary-Treasurer of the CBB and will also serve on the BPOC.
Finally- two other Oklahoma producers will be on the governing boards of the Federation and the CBB. Jess Kane, a rancher from Bartlesville, Oklahoma, was named as Region IV Vice President for the Federation of State Beef Councils while Jason Hitch, a feedyard owner and rancher from Guymon, Oklahoma has been named to the Cattlemen's Beef Board Executive Committee.
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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 mixed on Monday February 8th- Choice Beef was up $1.62 while Select Beef was off 18 cents.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 7,500 head on Monday- weather was and will be a limiting factor all week in moving cattle in and out of the region's auction markets.
Compared to last week: Feeder steers steady to 2.00 lower where tested. Steer calves mostly 4.00-8.00 lower. Feeder heifers and heifer calves unevenly steady. Demand moderate. Winter weather moved in with freezing drizzle, creating hazardous travel conditions, especially in the direction of many feedyards. Frigid temps are here to stay for the next 10 days or so.
Click below for the complete closing report.
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The Joplin Regional Stockyards 2.928 on Monday- numbers reduced by wintry weather.
Compared to last Monday, steers and heifers under 700 lbs. traded 2.00-5.00 lower; over 700 lbs. traded steady. Icy drizzle contributed to a light supply. Demand was moderate.
Click on the button below for details of the trade as compiled by the USDA Market News Service.
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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 is the 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 affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
Oklahoma State University Junior Amarie Griffeth has a heart for people- and she tells Host KC Sheperd about a need she saw on campus in Stillwater to combat food insecurity. She was a part of a Task force- and out of that students came up with Pete’s Pantry, an anonymous way to help other students on campus needing a helping hand.
Amarie grew up in Cushing, Oklahoma- her dad is in the livestock marketing business, so she has grown up loving being involved in producing food- and she has discovered the joy of providing food to those in need as well. Today's Road Podcast is powered by BancFirst, Loyal to Oklahoma and You.
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.
We also welcome Entz Auction as our Presenting Sponsor- check out their current listings by clicking here for their website.
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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