Oklahoma's Latest Farm
And Ranch News
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Tuesday, January 18, 2022 |
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Here is your daily Oklahoma farm and ranch news update.
- Derrell Peel Offers Expectations for Upcoming USDA Cattle Reports
- Damona Doye Honored by Association of Public and Land-Grant Universities
- USDA to Invest up to $225 Million in Partner-Driven Conservation on Agricultural and Forest Land
- New Economic Analysis Has Farmers Raising Concerns about Looming Tariffs on Nitrogen Fertilizers
- Superior Livestock Video Auction Market Report from Bellringer 2022
- It's Not Too Late to Join the Herd in Houston
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OSU's Peel Offers Expectations for Upcoming USDA Cattle Reports |
Weekly, Derrell Peel, extension livestock marketing specialist at Oklahoma State University, offers his expertise in the cattle industry. This is a part of the weekly series known as the "Cow-Calf Corner" published electronically by Paul Beck. Today, Peel talks about what to expect in U.S. Department of Agriculture cattle reports.
In addition to the monthly Cattle on Feed report on Jan. 21, USDA is set to issue the annual Cattle report on Jan. 31. This report provides Jan. 1 cattle inventories for a variety of cattle classes as well as the calf crop total for the previous year with a complete breakdown for all states. The report may also include revisions to values reported previously, which can complicate interpretation of the report. This report follows the July Cattle report which provides national numbers for the same inventory categories but is based on a smaller survey and does not include individual state values. The July report provided the first estimate of the 2021 calf crop.
The report provides confirmation of what did happen last year and provides some information that helps to shape expectations for this year.
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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.
And Check out this video below that helps you learn more about the Beef Checkoff..
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American Hereford Association Focusing on Genetic Improvement in 2022 |
The 2022 Cattlemen’s Congress is not just a great opportunity to showcase the latest and greatest of more than 20 unique cattle breeds, it also offers cattle industry leadership to come together in person. Jack Ward, executive vice president of the American Hereford Association, attended the 2022 Cattlemen’s Congress, where we caught up with him to talk about a strong point of the Hereford breed.
“I really must commend our breeders, the staff before me and the board because they implemented whole-herd reporting,” Ward said.
Through genetic documentation, Ward said he is seeing more and more crossbreeding with Hereford bulls.
“As I was walking through the pens, looking at the bulls, time and again (I talked) to breeders about how they are selling bulls now,” Ward said. “They are getting guys who have predominantly black cowherds coming to Hereford (breeders) because of the things they can offer from a breed-complimentary standpoint.”
Ward said it is an exciting time for the AHA as they continue to focus on genetic improvement in 2022.
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Damona Doye Honored by Association of Public and Land-Grant Universities |
Damona Doye, Oklahoma State University Extension associate vice president, has been recognized by the Association of Public and Land-Grant Universities for completing the Food Systems Leadership Institute’s executive leadership development program as well as her contributions to higher education and food systems.
The FSLI is a two-year program designed for experienced leaders in academia, government and industry. Its curriculum includes individual coaching, mentoring, personal projects and executive style residential sessions to further develop participants’ personal leadership abilities, skills and knowledge for organizational change, and to broaden perspectives on integrated food systems.
“The FSLI program challenged me to better understand myself and others. The unique combination of discussion with accomplished leaders, eye-opening exercises, book assignments and personal inventories was thought-provoking,” Doye said. “The instructors and my classmates provided great insights and support.”
Institute fellows are using their enhanced leadership and broader food systems perspectives to lead change from their current positions.
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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 daily report heard on several of our Radio Stations- It's Called Cotton Talk!
Click on the Button below to listen to our most recent report
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USDA to Invest up to $225 Million in Partner-Driven Conservation on Agricultural and Forest Land |
The U.S. Department of Agriculture announced up to $225 million in available funding for conservation partners through the Regional Conservation Partnership Program (RCPP). RCPP is a partner-driven program that leverages collective resources to find solutions to address natural resource challenges on agricultural land. This year’s funding announcements include opportunities for projects that address climate change, benefit historically underserved producers and support urban agriculture.
“RCPP is public-private partnership at its best,” Natural Resources Conservation Service (NRCS) Chief Terry Cosby said. “We’re harnessing the power of partnership to create lasting solutions to global challenges, like climate change, and support producers and communities who have been underserved in the past.”
There are two types of funding opportunities under RCPP: RCPP Classic and RCPP Alternative Funding Arrangements (AFA). RCPP Classic projects are implemented using NRCS contracts and easements with producers, landowners and communities, in collaboration with project partners. Through RCPP AFA, partners have more flexibility in working directly with agricultural producers to support the development of new conservation structures and approaches that would not otherwise be available under RCPP Classic.
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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
Oklahoma AgCredit supports rural Oklahoma with reliable and consistent credit, today and tomorrow. We offer loans for land, livestock, equipment, operating costs and country homes (NMLSR #809962) to farmers, ranchers and rural businesses across 60 counties. As a cooperative, we are owned by the members we serve. Through our Patronage Program, we have returned more than $74 million to our members since 1997.
For more information on our services or to find a location near you, visit our website here.
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New Economic Analysis Has Farmers Raising Concerns about Looming Tariffs on Nitrogen Fertilizers |
A new economic analysis released by researchers at Texas A&M University has corn growers raising concerns that pending tariffs on nitrogen fertilizers will create shortages and cause prices to increase even more for farmers, according to the National Corn Growers Association.
“As part of this study, we conducted a historical analysis going back to 1980 and found that fertilizer costs tend to go up when corn revenues increase,” lead researcher Joe Outlaw said. “Notably, these prices tend to go up exponentially even after accounting for natural gas prices and higher demand.”
The study notes that the price of one type of nitrogen fertilizer, called anhydrous ammonia, increased by $688 per ton – $86,000 for a 1,000-acre farm – from the end of 2020 through the end of October 2021.
The study has farmers raising concerns about a petition by CF Industries, one of the country’s major nitrogen producers, with the U.S. International Trade Commission to impose tariffs on nitrogen fertilizers imported from Trinidad & Tobago and Russia. The U.S. Department of Commerce has since released a preliminary finding recommending tariffs, despite strong outcry from farm groups.
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Superior Livestock Video Auction Market Report from Bellringer 2022 |
Superior Livestock Auction hosted their Bellringer Video Auction live from the Embassy Suites in Oklahoma City, Okla. Cattle producers offered over 139,000 head of calves, yearlings and breeding stock from 32 states for the auction. Cattle were sold on contract to deliver immediately through September 2022. Superior Livestock went live at 7:30 a.m. CT with Superior Sunrise and the auction followed at 8 a.m. CT Jan. 12 - 14. The Bellringer Video Auction was broadcast on SLA-TV, Dish Network Ch. 997 and streamed on Superior Livestock Auction’s Click to Bid website. The auction was met with lots of anticipation from both buyers and sellers; when the gavel fell, Bellringer produced an upwardly trending market report despite the shadows of uncertainty.
Superior Livestock Auction’s 35th Anniversary year with the Bellringer Auction. Day 1 Feeder Steers from region 3/4/5/6 close up deliveries were fully steady compared to our last auction. Deferred deliveries were $3 to $7 higher with most advances on March and April deliveries. Feeders Heifers from the same regions followed with deferred deliveries $4 to $8 higher. Day 2 saw strong demand also on region 1 & 2 Feeder Steers and Heifers with advances of as much as $10 higher on deferred deliveries of March and April. Program Steers and Heifers were in strong demand holdings gains over commodity cattle in all regions of $8 to as much as $15 higher. Day 3 opened aggressively, Weaned Calves under 600 pounds from regions 1 & 2 were $6 to $10 higher than our last offering. Weaned Calves under 475# were as much as $15 higher. Region 3/4/5/6 were also well received on grazing condition calves.
Superior Livestock’s next offering is our Weekly Superior Livestock Video Auction on Jan. 20 at 10:00 a.m. CT followed by our Superior Sheep Auction at 11:00 a.m. CT broadcast live from the Superior Livestock Auction Studio in Hudson Oaks, Texas. The consignment deadline for the Weekly Auction is Tuesday, Jan. 18.
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It's Not Too Late to Join the Herd in Houston |
The 2022 Cattle Industry Convention & NCBA Trade Show is quickly approaching, but it’s not too late to join the herd in Houston, Feb. 1-3, where thousands of cattlemen and women from across the country will gather for education, entertainment and engagement. Registration is available online or on-site.
“Everything is bigger in Texas,” and that holds true for the 2022 Convention. There are five general sessions packed with timely industry updates, inspirational speakers and important information that every producer can use. And the NCBA Trade Show is the biggest ever encompassing nearly 10 acres of exhibitors, displays and educational opportunities all under one roof.
We will be on hand to report to you what is going on at teh 2022 gathering- and that will include the "robust" conversation that we will likely be watching during the Live Cattle Committee Session when producers will decide their next steps in how to position the organization in pursuing price discovery in the cattle market.
We have also been told there could be an "Oklahoma surprise" during the meeting- we will be there for that as well!
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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 higher! Choice Beef was up $3.55 and Select Beef was up $3.08 on Monday, 01/17/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 15,500 head on Monday, January 17th.
Compared to last week: Feeder steers and heifers mostly steady to 2.00 higher. Steer calves steady to 3.00 lower. Heifer calves steady to 3.00 higher. Demand moderate to good. Commodity markets closed today due to the holiday. Several thin fleshed light weight cattle available. Weather continues very dry. Quality average to attractive.
Click below for the complete closing report.
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The Joplin Regional Stockyards had 6,515 head of cattle for their January 17th sale.
Compared to last week feeder steers traded steady. Feeder heifers traded 2.00-7.00 higher. Supply was moderate with good demand.
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/Ranch Broadcaster and Editor
KC Sheperd, Farm Director and Editor
Dave Lanning, Markets and Production
Pam Arterburn, Calendar and Template Manager
Chelsea Stanfield, Farm News and Email Editor
Heath Hull, Ag Business Coordinator
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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and is a big reason why Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity dives into these stories, 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.
Our Latest RRP is an end of year conversation between Oklahoma Third District Congressman Frank Lucas and Radio Oklahoma Ag Network Senior Farm/Ranch Director Ron Hays.
They talk about the recently passed extension of the Livestock Mandatory Reporting Measure as well as the Cattle Contract Library Act of 2021, the continued wait on the US Department of Justice investigation into the major meat packers, Congressman Lucas' work on the Science Committee, his continued intentions to return to the House Ag Committee in time to be a part of writing the next Farm Bill and a comparison of Congress when he first arrived in Washington in the mid 1990s and today.
Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.
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, 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
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
OklahomaFarmReport.Com
405.473.6144
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