Oklahoma's Latest Farm
And Ranch News
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Wednesday, February 2, 2022 |
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Here is your daily Oklahoma farm and ranch news update.
- OSU's Derrell Peel Says U.S. Beef Cattle Numbers are Tighter Than Expected
- Don Close with Rabo AgriFinance Issues Report on Beef Supply in a Post-Covid World
- NCBA Responds to New York Times Op-Ed Misinformation
- Lucas Joins Resolution Recognizing the Importance of Rural Broadband
- The Greatest of All Time: How 2021 was a Record-Setting Year for U.S. Beef Exports
- Preparing for Winter Calving with OSU's Mark Johnson
- New Facebook Group "Ag Chat" A Place for all things Agriculture to Connect
- OKC West Moves Yearling Sale Up a Day- Both Calves and Yearlings Sold Ahead of the Storm
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OSU's Derrell Peel Says U.S. Beef Cattle Numbers are Tighter Than Expected |
The biggest set of data the U.S. beef cattle industry receives annually just came out. The Jan. 2022 Cattle Inventory report shows a total of 91.9 million head of cattle and calves living in the U.S. on the first day of the year. That total is 2% below the 93.8 million head reported in Jan. 2021.
Derrell Peel, extension specialist for livestock marketing at Oklahoma State University, examined the report with us. Last week, Peel said market indicators, like an increase in placements of light-weight cattle in Nov. and Dec., gave warning that the Jan. Cattle Inventory Report could show a much tighter U.S. cow herd. Looks like his instincts, backed by years of experience, were right!
“Overall, I have to describe this report as somewhat bullish,” Peel said. “We knew most of the numbers were going to be down regardless of what class of cattle you looked at, and they were, but in many cases, they were down a little more than expected.”
Feedlots are in the business of keeping their pens full and right now, they are filling them with whatever they can get their hands on, Peel said.
“As time goes on, they are kind of borrowing against the future,” Peel said. “What we are going to find is that cattle numbers get a lot tighter here in the first half of 2022.”
All of our reports this morning here in our Email from Houston are being sponsored by Performance Beef from Zoetis- easy to use cattle management software.
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Union Mutual was chartered in 1938 to write property and casualty insurance in the state of Oklahoma. Over the years, Union Mutual has maintained the attitude that started the company and continue to be that company that understands Oklahomans’ insurance needs when they contact any member of the UMIC team.
That’s 83 years of protecting rural Oklahomans, providing town and country, poultry house and legacy rural actual cash value policies.
With over 80 years of experience and 300 agents in all 77 Oklahoma Counties to serve you, it’s time to take a good hard look at Union Mutual Insurance Company.
For the agent nearest you, go to unionmutualic.com or give them a call at 405 286-7703.
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Don Close with Rabo AgriFinance Issues Report on Beef Supply in a Post-Covid World |
Fundamental changes are transforming the beef supply chain from a just-in-time delivery model to a just-in-case approach. Managing the costs associated with these changes may result in a shift of the historical live cattle and retail beef price ratio, according to a new RaboResearch report: “Beef Supply in a Post-Covid World.”
“While a cattle producer has little or no control over what happens in the beef supply chain post-harvest, it will be important for livestock producers to be aware of changes occurring throughout the supply chain,” Don Close, senior animal protein analyst with Rabo AgriFinance, said. “Any changes, any inventory building, any additional controls and inspections could have a direct impact on the total cost of beef to the end user, which could change historical norms for live-to-wholesale and live-to-retail price spreads.”
We talked with Close after the report was unveiled to the trade media at the Cattle Industry Convention in Houston. Meat processors, distributors and retailers are striving to build supply resiliency into the beef supply chain and reduce the risk of another round of empty grocery store shelves in the future.
The area of change with the greatest potential direct impact on cattle producers is meatpacking plants’ embedding more automation into their facilities. The report notes that the initial introduction of advanced technology will not serve as a replacement for labor. It will serve to make labor more efficient. However, the transformation toward greater automation will require a workforce with different skill sets or extensive retraining.
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NCBA Responds to New York Times Op-Ed Misinformation |
It is incredibly disappointing that media outlets like The New York Times continue to publish opinion pieces like today’s Meet the People Getting Paid to Kill Our Planet, which not only threaten the livelihoods of American farmers and ranchers, but are also riddled with misinformation and lacking in credible sources.
The National Cattlemen’s Beef Association’s primary goal is protecting the livelihoods of America’s cattle farmers and ranchers. It is our responsibility to ensure these men and women have the ability to pass their farms and ranches - 90% of which are family-owned and operated - down to the next generation. The vast majority of these family-owned, multi-generational operations are small in size with fewer than 50 head of cattle. They rely on NCBA to protect them from misinformation and attacks by activists aiming to put them out of business with tactics like the faulty information and sensationalist reporting included in this piece. NCBA is armed only with fact-based, credibly-sourced and scientifically-vetted information, that is often less interesting than the wild claims made by opponents of American agriculture.
To address all the incorrect claims made in the 14-minute video would be akin to writing a thesis, but in support of American beef farmers and ranchers, we’d like to address several.
Simply put, the claims about emissions and land use are not true.
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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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Performance Livestock Analytics- Our Official 2022 Cattle Industry Convention Sponsor |
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Lucas Joins Resolution Recognizing the Importance of Rural Broadband |
Last week, Congressman Frank Lucas joined Representative Jim Baird in leading a resolution recognizing the importance of rural broadband and emphasizing the need to invest in broadband expansion.
“Access to affordable, high-speed internet is essential for millions of families, businesses owners, and communities in today’s 21st society," Lucas said. "Unfortunately, rural communities often face challenges as broadband infrastructure is measured by the miles between customers compared to urban communities who measure broadband by the customers between miles. Increasing broadband in rural America allows for families and students to thrive and Main Street businesses to grow. I’m proud to join Representative Baird in recognizing the importance of rural broadband, and I remain committed to eliminating the digital divide that impacts our communities.”
According to a 2020 report from the Federal Communications Commission (FCC), 22.3% of rural Americans lack access to 25 Mbps/3Mbps service, which is the FCC’s minimum standard for broadband internet. Conversely, only 1.5% of urban Americans are without access to these same speeds.
In an article last year, The Oklahoman reported that one in every four Oklahoma students lack high-speed broadband access at home. And in a report published by Oklahoma State University, 52% of rural Oklahomans don’t have access to broadband connection.
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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-
This week- we are featuring content from the Cattle Industry Convention- this morning- a conversation that Ron had with Hugh Aljoe of the Noble Research Institute on Regenerative Ranching.
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
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 Tulsa City Farm Show.
Up next will be the Oklahoma City’s premier spring agricultural and ranching event with returns to the State Fair Park April 7-8-9, 2022.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2022 Oklahoma City Farm Show. To learn more about the Oklahoma City Farm Show, click here.
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The Greatest of All Time: How 2021 was a Record-Setting Year for U.S. Beef Exports |
So far, 2021 is the G.O.A.T. when it comes to beef exports. The final beef export report of the year is a few days away from being released by the U.S. Meat Export Federation, which will give the industry a complete view of the record-breaking year.
A surplus of live animals, new trade partners and more converged in 2021, presenting the U.S. beef industry with a golden opportunity that was ripe for the taking. Kent Bacus, senior director of International Trade and Market Access at the National Cattlemen’s Beef Association, reflected on the year with us.
“The fact that we are going to exceed $10 billion for 2021 is astounding,” Bacus said. “That is a tremendous jump from the previous year, not only on a volume basis but also from a value aspect.”
It all comes down to demand, of course.
“No one can compete with U.S. beef,” Bacus said. “When you look at the quality and quantity of what we can sell, no one can come close.”
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Preparing for Winter Calving with OSU's Mark Johnson |
Weekly, Mark Johnson, extension beef cattle breeding specialist at Oklahoma State University, 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. Yesterday, Johnson talked about preparing for winter calving.
Calving during the winter months can present some unique challenges. Cold and/or wet weather, higher birth weights, fewer hours of daylight and in most herds this is the time of year when we, as producers, are the primary source of nutrition provided in the form of harvested forage and supplemental feeds. What can we do to make calving in the late winter months as problem-free as possible? GET PREPARED!
Calving Kit and Facilities
Prior to Calving Season, it is important to take inventory of our facilities. Our working pens, chutes and alley ways need to be in good working order. If we have a calving barn or indoor facility remember to check cameras, batteries and light bulbs. We want all facilities ready BEFORE we find ourselves assisting that first heifer in the calving process.
To be fully prepared, have the following list of supplies in a cooler, bucket or toolbox:
- Colostrum and feeding bottle
- Flashlight and batteries
- OB Sleeves
- Non-detergent lubricant
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New Facebook Group "Ag Chat" A Place for all things Agriculture to Connect |
We hope for this page to be a place where organizations and individuals can promote ag-related conferences or events and stock show, look for the best applicants for jobs or internships, share scholarship opportunities, and everything in between.
Wanting to promote a stock show, ag-related conference or one day event? Looking for the best applicants for a job or have an internship to promote? Share a great scholarship opportunity? Have a question about your garden out back and looking for advice? Sell the show tack sitting in the barn? This is the place to do all that - and much, much more.
Please consider joining the group and sharing it with your members and organization branches. We hope this group will truly flourish into an invaluable resource to the Oklahoma ag industry, but that can only be made possible through the participation of outside groups. We would love for you to join us in that endeavor!
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OKC West Moves Yearling Sale Up a Day- Both Calves and Yearlings Sold Ahead of the Storm
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Check the column on the right for details of the OKC West Cattle sale for this week- they normally sell calves on Tuesday and yearlings on Wednesday- but because of the storm taking aim at parts of Oklahoma- they moved up their Wednesday sale by one day and sold both calves and yearlings on Tuesday.
OKC West Manager Bill Barnhart offers this additional commentary from the combined sale of this week:
With a winter storm bearing down, receipts were much lighter this week. Any kind of moisture will be appreciated. All stockers and feeders were sold Tuesday. The market remained good on both classes. Two days of positive futures action helped. Also, USDA’s inventory report came out Monday reaffirming what most expected, a 2% decline in the nations cattle herd. The current drought in the north and now the southern plains will continue to work these numbers lower. Be safe and have a great week.
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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 fall. Choice Beef was down $4.96 and Select Beef was down $3.05 on Tuesday, 02/01/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had a final number of 11,125 head on Monday- ahead of this huge winter storm starting to move in.
Compared to last week: Feeder steers unevenly steady. Feeder heifers steady to 3.00 higher. Steer calves unevenly steady. Heifer calves 2.00 - 4.00 higher. Demand moderate for all classes. Midweek winter storm is expected to bring ice and snow to much of the area and this is discouraging buyers
Click below for the complete closing report.
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OKC West in El Reno had a total run 4,754 head on Tuesday- Due to the threat of inclement weather both the calf sale on Tuesday and feeders on Wednesday were combined on Tuesday,
Compared to last week: Feeder steers under 800 lbs traded 2.00-4.00 higher, over 800 lbs 2.00-6.00 lower. Feeder heifers sold steady to firm. Steer and heifer calves traded3.00-5.00 higher. Demand moderate to good. A strong winter storm is expected to bring several inches of snow to the trade area over the week.
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
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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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