Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Friday, August 13, 2021
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Here is your daily Oklahoma farm and ranch news update.
- Mary-Thomas Hart on the NCBA's Commitment to Climate Neutrality by 2040
- Allendale's Rich Nelson says August WASDE Shows Neutral for Soybeans, Somewhat Bullish for Wheat and Corn
- CattleFax VP Kevin Good Says Cattle Market Leverage is Moving Toward Producers
- OKFB Welcomes $30 Million Grants for Rural Broadband
- OSU's Derrell Peel Says Big Opportunities Are Instore for Producers Who Hold onto Cattle Longer
- Neil Dierks Talks New Rules, Line-Speed Rollbacks and California’s Proposition 12
- OSU's Kim Anderson Reacts to the August WASDE Report
- Latest U.S. Drought Monitor Map Shows Oklahoma Is Experiencing a Mild Summer
- Extra Reading for a Wet (for some) Weekend! Links Toward the Bottom for You- Wet or Dry!
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Mary-Thomas Hart on the NCBA's Commitment to Climate Neutrality by 2040
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Mary-Thomas Hart, environmental counsel at the National Cattlemen's Beef Association, talked with us about the NCBA's newly released U.S. cattle industry sustainability goals midday Thursday after the General Session that focused on sustainability..
Yesterday morning, the NCBA solidified U.S. cattle ranchers’ commitment to environmental, economic and social sustainability with the release of U.S. cattle industry sustainability goals.
The goals for the U.S. cattle industry include:
- Demonstrate climate neutrality of U.S. cattle production by 2040.
- Create and enhance opportunities that result in a quantifiable increase in producer profitability and economic sustainability by 2025.
- Enhance trust in cattle producers as responsible stewards of their animals and resources by expanding educational opportunities in animal care and handling programs to further improve animal well-being.
- Continuously improve our industry's workforce safety and well-being.
Today’s report, from the 2021 Cattle Industry Convention in Nashville, Tennessee, is a service of Farm Data Services of Stillwater.
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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 each April.
They would like to thank all of you who participated in their 2021 Oklahoma City Farm Show.
The Tulsa Farm Show is Oklahoma’s premier agricultural and ranching event which returns to the River Spirit Expo (Expo Square) December, 9-10-11, 2021.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2021 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
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Allendale's Rich Nelson says August WASDE shows Neutral for Soybeans, somewhat Bullish for Wheat and Corn
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The National Agricultural Statistics Service estimates a national average corn yield of 174.6 bushels per acre (bpa), which is down 4.9 bpa from July, toward the low end of pre-report expectations.
On soybeans, they expect yields to average 50 bpa, only .8 below their previous estimate and even with expectations.
USDA dropped global wheat ending stocks below analyst expectations, to 279.06 million metric tons (mmt), down from their 291.7-mmt estimate in July, based on decreased production from Russia, Canada and the U.S.
"It Certainly was a positive Reaction to what was a positive report," Nelson said. "Now Whether or not this is a game changer and we are going to go on a new up trend, I can't quite get on board with that."
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CattleFax VP Kevin Good Says Cattle Market Leverage is Moving Toward Producers
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After the annual Cattlefax Market Outlook Seminar this week in Nashville, I caught up with Kevin Good, CattleFax vice president of industry relations, talking about where the cattle industry is headed pricewise in the days to come. According to Good, cattle supplies have tightened down in the last year or so.
“If you think about where (the cattle industry) is at now in the cattle cycle - that’s the big message,” Good said. “We had five years of expansion, between 2014 and 2018, we’re now in the third year of liquidation - unfortunately because of the drought in the western-half of the U.S. and northern plains.”
Good foresees more liquidation, in 2022. He said with tighter supplies in the system, you can expect more harvest levels in the coming years. Partner that with, “the beef to man we’ve had in more than thirty years,” record-high resale and wholesale values and strong exports - fed-cattle, yearling-cattle and calf markets to soar, said Good.
With new expansions and builds going on, on the packer side of things and about a million less cattle in the market, Good said he thinks leverage is moving toward the producer.
Today’s report, from the 2021 Cattle Industry Convention in Nashville, Tennessee, is a service of Farm Data Services of Stillwater.
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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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OKFB Welcomes $30 Million Grants for Rural Broadband
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Oklahoma Farm Bureau commends the U.S. Department of Agriculture’s recent announcement to invest more than $30 million dollars in broadband infrastructure in rural Oklahoma, a priority issue for the organization.
A part of the USDA’s ReConnect Program, the grants will provide internet connection to1,528 households including 3,897 people and 383 farms in Oklahoma.
“While tremendous efforts are underway in our state to bring high-speed internet to all Oklahomans, we know it’s a costly endeavor that cannot be done without significant federal investment," said Rodd Moesel, OKFB president. "Fast, reliable and affordable internet is critical in ensuring our farmers, ranchers and rural communities can continue to compete in a growing world, so investments like these are imperative to our state’s work to bring all Oklahomans online.”
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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
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OSU's Derrell Peel Says Big Opportunities Are Instore for Producers Who Hold onto Cattle Longer
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It was a busy meeting in Denver for Extension Livestock Management Economist at Oklahoma State University Derrell Peel, who fielded multiple requests for media interviews from journalists across the US. We sat down with him after the Cattlefax Market Outlook Seminar and asked him to compare his thinking with theirs. Dr Peel believes that high feed prices are going to stick around for the foreseeable future, but the way the market responds to those higher prices brings an opportunity to producers who may want to think about retaining their calves.
“(High grain prices) provide an incentive to put more weight on cattle before they go to the feedlot,” Peel said. “We’re seeing values of gain that are increasing, which provides more opportunities for both stocker producers and cow-calf people.”
Peel said it’s the time of year he begins looking at budgets for the coming year and early indications show real opportunities for more stocker-type production.
He and his colleagues are also watching the drought situation in the west, which could affect the industry for years to come. In Oklahoma and Texas, pasture conditions are good, which offers additional opportunities for producers in those states, according to Peel.
At the end of the day, Peel said some cow-calf producers will make good money while some will break even. The low-cost cow-calf producers are in the driver’s seat, according to Peel.
Today’s report, from the 2021 Cattle Industry Convention in Nashville, Tennessee, is a service of Farm Data Services of Stillwater.
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Neil Dierks Talks New Rules, Line-Speed Rollbacks and California’s Proposition 12
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We caught up with Neil Dierks, CEO of the National Pork Producers Council, to talk about recent blows to the pork industry by the Biden administration, as roll backs of key policies begin.
Recently, the new administration announced three new rulemakings.
“They will propose rules, then we’ll know more of what exactly is being (looked at,)” Dierks said.
The administration is working to replace, what Dierks thinks were level-headed rules that the Trump administration put in place less than a year ago.
Ultimately, it is an interesting time for pork producers, according to Dierks.
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OSU's Kim Anderson Reacts to the August WASDE Report
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The USDA released their monthly World Agricultural Supply and Demand Estimates (WASDE) report today. Dr. Kim Anderson, Oklahoma State University Extension Grain Marketing specialist, said, “we dropped a lot of wheat.”
In the U.S., wheat production was lowered to 1.6 million bushels, down 49 million from the previous forecast, according to the report. The projected 2021/22 season-average farm price rose $0.10 per bushel, to $6.70, as stated in the report.
“I think wheat came out pretty well in this report, as far as price is concerned,” Anderson said.
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Latest U.S. Drought Monitor Map Shows Oklahoma Is Experiencing a Mild Summer
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In Oklahoma, nearly 14% of Oklahoma experienced abnormally dry conditions - mostly in the northwestern and southeastern areas of the state. Woods County saw the most severe conditions, with about half the county experiencing abnormally dry and moderate drought conditions, followed by Alfalfa, Choctaw, Harper, Major and Woodward counties with areas of moderate drought. Parts of Beaver, Bryan, Ellis, Grant, Kay, Osage, McCurtain, Noble, Pawnee, Pushmataha counties saw areas of abnormal dryness. Drought conditions are increasing in Oklahoma, compared to last week, but are not close to what conditions were this time last year.
Temperatures and rainfall in Oklahoma are expected to be higher than normal for this time of year, according to the National Oceanic and Atmospheric Administration (NOAA).
In the next four days, Oklahoma is expected to see moderate to heavy rains, with rainfall inches anywhere between 1.5 to 4.0 inches. From August 17 to 21, mild conditions are favored in the Southwest, much of the Rockies and the southern High Plains.
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Extra Reading for a Wet (for some)Weekend!
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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 continue to go crazy higher- Choice Beef was up $7.13 and Select Beef was up $2.32 on Thursday August 12th
Click on the Button below for the latest report from USDA Market News
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Weekly Cattle Auction Reports
The buttons below allow you to check out the weekly Cattle Auctions in the region that we post on our website and here in our daily email update.
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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
Pam Arterburn, Calendar and Template Manager
Chelsea Stanfield, Farm News and Email Editor
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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.
KC Sheperd talks with Oklahoma's 17th Lt. Governor, Matt Pinnell. Pinnell is also serving as the first Oklahoma Secretary of Tourism & Branding. Pinnell says lots of exciting things have Oklahoma on an upward trajectory- and he shares several highlights in today's conversation. Today's Road to Rural Prosperity Podcast is powered by Banc First, Loyal to Oklahoma and to 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, 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, Union Mutual Insurance, 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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