Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Wednesday, November 10, 2021
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Here is your daily Oklahoma farm and ranch news update.
- Allendale's Rich Nelson Says Soybeans Were the Big Story for November WASDE Report
- ONSY's Kelli Payne Talks Cattle Prices After Monday's Steep Rise
- Oklahoma Cotton and Grain Sorghum Crops Are Much Larger Than 2020 Production
- Improving Cattle Health and Performance With Technology Webinar Coming up on November 11
- Preparing Cows for Winter and Spring Calving
- North American Meat Institute: Grassley-Fischer Bill Ignores Economic Fundamentals
- Meet the Standridge Family, OKFB's District Three Farm and Ranch Family Honorees
- Grassley-Fischer Bill Would Take Price Discovery Decision from the Market and Hand It Over to the USDA
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Allendale's Rich Nelson Says Soybeans were the Big Story for November WASDE Report
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The monthly World Agricultural Supply and Demand Estimates report was released today. This was released with the normal companion report, Crop Production. The next change to U.S. production numbers comes on the Jan. 12 Annual Production Summary. Production estimates for today were derived from 6,800 farmer surveys as well as objective in-field analysis.
Associate Farm Director, KC Sheperd spoke with Allendale's Rich Nelson who said the big focus today was on Soybeans.
"I think we were a bit surprised to see USDA did cut yields on this report by 0.3 bushels. So this is still a second highest yield ever here in the US, but 51.2 would be a little bit of a surprise here. And USDA's Net increase in ending stocks going from 320 to 340. It was under the trades average expectation of 363, so for this report on grains specifically, Corn you can call it a neutral-ish report, and for soybeans, a little positive."
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The experts at P&K Equipment make it their mission to provide top-notch solutions and unbeatable customer service. To discover the P&K experience for yourself, visit the website, call one of the 18 locations, or stop in to P&K for a visit today.
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Kelli Payne Talks Cattle Prices After Monday's Price Leap
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The cattle market was red hot on Monday. Yearling cattle and calves made a steep jump in price, bringing some of the best prices of the year to producers selling at the Oklahoma National Stockyards. Kelli Payne, president of the Stockyards, told us it was nice to see some smiling facing walking out of the sale barn.
“It is absolutely incredible,” Payne said. “We knew the fall run was coming and it certainly came on with a vengeance. Calves are $5 to $10 higher, yearlings $5 to $7 higher this week - (that is) $20-$25 per hundred higher than where we were a year ago.”
According to Payne, the quality of cattle backed up the price, allowing the steep jump in price.
“There is a lot of good quality out there,” Payne said. “(There are) quite a bit of weaned cattle; they have been handled appropriately, so you are seeing that taking those additional steps are going to put more money in your pocket.”
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Oklahoma Cotton and Grain Sorghum Crops Are Much Larger Than 2020 Production
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Oklahoma Crop Production, as predicted in the November Crop Production Report, shows a larger cotton, grain sorghum and corn crop in 2021 versus 2020. Soybean and peanut crops in Oklahoma are smaller in 2021 versus 2020.
Oklahoma Upland Cotton production is forecast at 760 thousand bales, 19 percent higher than 2020. Yield averaged 879 pounds per acre, compared with 702 pounds last year. Acreage harvested, at 415 thousand acres, is down 5 percent from last year.
Oklahoma sorghum production is forecast at 23.1 million bushels, up 123 percent from last year. Yield averaged 65.0 bushels per acre, up 20.0 bushels from the previous year. Acres harvested, at 355 thousand acres, is 54 percent higher than 2020.
Oklahoma corn production is forecast at 46.5 million bushels, up 8 percent from the previous year. Statewide yields averaged 155 bushels per acre, 20.0 bushels higher than 2020. Acres harvested for grain, at 300 thousand, is down 6 percent from last year.
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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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Improving Cattle Health and Performance With Technology Webinar Coming up on November 11
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Want to hear how you can use technology to improve your herd's health and performance? Don't miss the latest Webinar from NCBA as part of the Cattlemen's Webinar Series called, "Improving Cattle Health and Performance with Technology" coming up November the 11th at 6pm.
Hear from Andy Dorn, Beef Product Manager for Allflex Livestock Intelligence North America, and Duane Gangwish, Business Project manager with Darr Feedlot discuss how implementing technology into your operation can improve profitability.
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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 Agriculture Mediation Program knows this is a hard time for farmers and ranchers. We want you to know we are still open, and we are still here for you. The Ag Mediation program is a free service that provides mediation to agriculture producers who may need help with ag-related disputes.
At Oklahoma Ag Mediation, we have been helping people in agriculture resolve conflicts since 1987. We know firsthand about working together to resolve conflicts, so you don’t have to go through the court systems. Let our professional mediators help you. Mediation is allowed for lease issues, farmer/neighbor disputes, family farm transitions, and more. These services are available at no cost for Oklahoma farmers and ranchers in all 77 counties. For more information, you can go to ok.gov/mediation, or give us a call at 800 248 5465.
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The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website. For more information- call 405-235-4391.
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Preparing Cows for Winter and Spring Calving
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Weekly, Oklahoma State University Extension Beef Cattle Breeding Specialist Mark Johnson offers his expertise in cattle breeding. This is a part of the weekly series known as the "Cow-Calf Corner" published electronically by Paul Beck. Today, Johnson talks about preparing cows for winter and spring calving.
As discussed last week, reproductive efficiency is highly correlated to nutrition. The target Body Condition Score (BCS) going into calving season is 5.5 for the mature cow herd and 6 for the first calf heifers. Early management to meet these goals is important because drastic changes in BCS during late pregnancy and early lactation are challenging and costly to achieve. Measures of cow herd performance like Pregnancy Rate, Calf Crop Born and Calf Crop Weaned when evaluated as a percentage of Females Exposed are valuable pieces of information which can be used by producers to make sound management decisions. Balance of nutrition to mature cow size and milk production is essential to optimize reproductive efficiency and maternal performance. This balance is achieved through:
- grazing the proper amount of cows per acre.
- knowing when and what nutritional supplementation is needed
- good husbandry, herd health and vaccination programs. If our cows were thin at weaning and/or we were disappointed by the cow herd performance measures, now is the time to begin taking action.
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North American Meat Institute: Grassley-Fischer Bill Ignores Economic Fundamentals
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The North American Meat Institute today said a new Senate bill ignores the analysis of beef and cattle markets by the country’s leading agricultural economists and the bill’s mandated government intervention will have unintended consequences that will hurt livestock producers and consumers.
“Beef and cattle markets are dynamic," Julie Anna Potts, president and CEO of the North American Meat Institute, said. "This fall prices cattle producers received for their livestock have risen without any government interference. In a rush to do ‘something,’ this bill would replace the free market with government mandates and harm those it is intended to protect: livestock producers.
“If this bill becomes law there will be cattle producers who want alternative marketing arrangements but will instead be forced to sell on the cash market, and the industry will turn back time to the days of commodity cattle.”
No economic analysis of the bill’s effects has been offered to support the legislation.
See more details of the proposed legislation further down in this morning\s email.
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Meet the Standridge Family, OKFB's District Three Farm and Ranch Family Honorees
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Today, we are featuring the Standridge Family!
They are one of nine Oklahoma Farm Bureau Farm and Ranch Families honored at this year's Annual Meeting and represent District Three.
Carrying on the family tradition in agriculture as the fourth generation on their Grady County farm, Steve and Donna Standridge work diligently to produce superior cattle that represent the Standridge name well.
“I want to be known for selling a quality product of cattle,” Steve said. “To me, your name is what you’ve got to sell at the end of the day. If they’re used to buying quality cattle off me over and over again, they’re going to be looking for my product at the sale barn. That’s important to me.”
The couple grows alfalfa, wheat, corn and forage sorghums to be used primarily in their stocker cattle operation and grow yard just outside of Chickasha.
Certified in the Beef Quality Assurance program, the family uses proven production and management practices to ensure their cattle meet the highest standards of quality. As they raise cattle on their Grady County farm to help feed the world, the Standridges cannot imagine spending their days doing anything else. Perhaps most of all, the Standridges cherish the opportunity to share their way of life in agriculture with their children and grandchildren.
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Grassley-Fischer Bill Would Take Price Discovery Decision from the Market and Hand It Over to the USDA
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Cattle Price Discovery and Transparency Act
Section by Section Summary:
Section 1 – Short Title: Cattle Price Discovery and Transparency Act
Section 2 - Definitions:
- Livestock Mandatory Reporting Definitions are added for “Fed Cattle”, “Heifer”, “negotiated grid purchase”, “regional mandatory minimums”, and “steer”, and redesignates paragraphs of existing definitions as appropriate.
- Cattle Reporting Definitions are amended by revising the definition for “formula marketing arrangement”, and by adding “contract”, “type of contract”, and redesignating paragraphs of existing definitions where appropriate.
Section 3 - 14 Day Slaughter Reporting: Requires that a packer report the number of cattle scheduled to be delivered for slaughter each day for the next 14-day period. This tool can be used by producers to project estimated slaughter numbers and packers’ needs for cattle.
Section 4 - Daily Formula Base Price Reporting: Requires USDA to report the base price information for cattle purchased though formula marketing arrangements. By reporting base price information for formulas, producers will be able to better understand formula transactions. This codifies previous action USDA took earlier this year.
Section 5 - Carcass Weight Reporting: Requires USDA to determine the minimum time frame to report daily average carcass weights of cattle after they are chilled. This will provide producers better insight into the dressing percentages and yield of their cattle after they have been processed.
Section 6 - Cattle Contracts Library: Requires USDA to create and maintain a library of marketing contracts between packers and producers. Requires packers to supply this information to USDA and for it to be published in a user-friendly way.
Section 7 - Clarification to Confidentiality: The proposal preserves confidentiality requirements in the underlying law, but requires USDA to find ways to regularly disclose all information required by LMR. The legislation makes clear that all information should be reported in a manner that ensures confidentiality, and adds “Nothing in this section permits the Secretary, or any officer or employee of the Secretary, to withhold from the public the information [required to be reported under LMR].”
Section 8 – Regional Mandatory Minimum Levels of Negotiated Trade: Requires the Secretary, in consultation with the Chief Economist, to establish mandatory levels of negotiated cash and negotiated grid transactions for each USDA AMS designated cattle region, seek public comment on those levels, then implement. Under this new program, covered packers—on a plant by plant basis—will be required to procure a certain amount of cattle from the cash market.
Section 9 – Increase Packer Penalty: Aligns beef/swine packer maximum penalty with poultry dealer’s maximum penalty for violations of Packers and Stockyards Act.
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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 Tuesday- Choice Beef was down 85 cents while Select Beef was rising by $2.02
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had a final sell number of 10,653 head of cattle sold on Monday, November 8th...
Compared to last week feeder steers traded steady to $2.00 higher. Feeder heifers traded steady to $3.00 higher, with the most advance on weights over 750 lbs. Quality cattle were in very good demand. Supply moderate to heavy with overall good demand.
Click below for the complete closing report.
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OKC West in El Reno had 6,000 head for a large fall calf run in their Tuesday, November 9th calf sale.
Compared to last Tuesday: Steer and heifer calves not well tested last week for a trend but a much higher undertone was noted. Demand good. Several large attractive strings of calves were on offer. All cattle tagged as Value Added are part of either the Annual Integrity Beef sale, or the Oklahoma Quality Beef Network program.
Robert Wells with the Noble Research Institute offered this additional commentary on the Tuesday sale via Facebook- "The 21st Annual Integrity Beef Alliance Value Added Calf Sale is in the books. Calves sold well. Initial impression is they averaged between $1050-1250/hd for steers. These are spring ‘21 born calves averaging 8-9 month old calves weighing 650-800 lbs."
Click on the button below for details of the trade as compiled by the USDA Market News Service. The final OKC West report for the week will be available after their Yearling sale that happens today.
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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 Jed Green, the founder of the group ORCA- Oklahomans for Responsible Cannabis Action. They discuss the problems that have developed in rural Oklahoma because of the explosive growth of medical marijuana production in the state- and of the need for better regulation of the industry- as well as recognition of the economic benefits Green believes are a part of the arrival of this industry- especially in areas where legal operations are being established.
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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