Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- OSU's Kim Anderson Explains Why Grain Prices Have Descended into a Bit of a Lull
- Latest Drought Monitor Shows Drought in Western Oklahoma Continues to Intensify
- Cattle Producers Can Strategically Utilize the LRP Program to Secure Profit
- Spring Calf Health Clinics Available Across Oklahoma
- Introducing Brynn Bibee of the Stigler FFA Chapter, Your 2022 Southeast Area Star in Agribusiness
- Moore Bill on Marijuana Grow Reclamation Passes in House
- Tipton Field Day approaching on April 26
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OSU’s Kim Anderson Explains Why Grain Prices Have Descended into a Bit of a Lull
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This week on SUNUP, Dr. Kim Anderson, Oklahoma State University Extension grain market economist. During this week’s edition, Anderson speaks on current crop markets.
“It is a tough scenario to explain,” Anderson said. “We have got a record, or near-record, prices right now.”
Looking at the forward contract prices for harvest and deliver, Anderson said we have got wheat at $11.15. There was only a plus or minus 16 cents move this week, but one day we did have 32 cents from the bottom of that range to the top of the range, he added.
“This last week, prices have just been lackadaisical and just in a lull,” Anderson said. “Who knows how long it is going to last. We know that it is probably not going to be very long with prices this high- we have had 85 cents in a single-day price move in wheat, and 30-40 cents moves in corn.”
Anderson said the markets are high, volatile, and they are what the analysts call “thin”.
“There are not very many buyers and sellers in the market right now, so it just takes a few buyers or a few sellers to get that price to move, but we don’t know when that is going to happen,” Anderson said.
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Latest Drought Monitor Shows Drought in Western Oklahoma Continues to Intensify
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According to the latest U.S. Drought Monitor report, the drought-monitoring period, which began on the morning of April 12 and ended early April 19, featured a powerful spring storm delivering significant, late-season snow from the Cascades and Sierra Nevada to the northern Plains. High winds and blizzard conditions accompanied the snow, especially across the northern Plains.
Farther south, drought conditions worsened across portions of the central and southern Plains and the Southwest, amid windy, dry conditions. At times, winds raised dust and contributed to the rapid spread of several wildfires, including the 6,159-acre McBride Fire, which destroyed well over 300 structures after being ignited on April 12 in Ruidoso, New Mexico.
In the Southern Plains, heavy rain fell across roughly the eastern half of the region, resulting in extensive reductions in the coverage of abnormal dryness (D0) and moderate to extreme drought (D1 to D4). On the southern High Plains, episodes of blowing dust or smoky skies have been common this spring; in Lubbock, Texas, visibilities were sharply reduced in dust on April 12, when a southwesterly wind gust to 60 mph was reported. The south-central U.S. has also experienced periods of extreme heat, however, there have also been cool spells, with Dalhart, Texas, posting a daily-record low of 22°F on April 14.
In Oklahoma, 2,693,682 people are affected by drought. Exceptional drought is 9.4% with Cimarron, Texas, Beaver, Beckham, Kiowa, Greer, Harmon, Jackson, and Tillman counties in exceptional drought (last week, this number was at 8.9% and last month was 7.8%). 36% of the state is in an extreme drought this week, which is an increase from last week at 32.2%. 57.6% of the state is in severe drought (last week was 59.9%). (You can click on the map above to see more details of Oklahoma Drought Conditions)
Along with the drought, heavy wind and high temperatures are not helping moisture retention. There are some storm chances coming up across the northwest corner of Oklahoma along with severe wind and hail chances.
The 6-19 precipitation outlook map shows Oklahoma has a below-normal percent chance of rain at 33-40% or below with warmer temperatures as we enter next week.
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Cattle Producers Can Strategically Utilize the LRP Program to Secure Profit
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Catching up with Dakota Moss, operator of Livestock Risk Services out of the historic Oklahoma National Stockyards. Moss continues yesterday’s Beef Buzz’s conversation about livestock risk protection.
Moss said while the futures market utilizes feeder and live cattle futures for yearling weight cattle on the feeder side, the LRP program can lock in some lighter-weight cattle.
“So, the heifers are a little back, just 10% from the steers, but USDA is trying to account for how those cattle get bought and sold,” Moss said. “Something else that many producers, especially cow-calf producers, need to know about is there is an unborn livestock contract in this program.”
In the unborn livestock contract, Moss said if a cow-calf producer is calving in the spring and he doesn’t know his true numbers yet, he can still lock in a floor price on the unborn contract endorsement for the fall months, then they are splitting the difference between the lightweight steers and lightweight heifers and doing 105% of the board, and 105% of the cash index in the back end.
Moss greatly encourages cattle producers to start looking ahead in the future to get a profit goal in mind for their cattle operation and use this or other tools to secure that.
“From what I have seen over the past couple of years, this is USDA’s go-to for price risk management for cattle producers,” Moss said.
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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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Spring Calf Health Clinics Available Across Oklahoma
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As part of the Oklahoma Quality Beef Network (OQBN), the Oklahoma Cooperative Extension Service (OCES) is offering a series of Spring Calf Health Clinics across Oklahoma in May. These clinics provide beef farmers and ranchers an opportunity to learn how to add value to their herd through the Oklahoma Quality Beef Network, information on how to improve their vaccine program and an opportunity for Beef Quality Assurance (BQA) certification.
Clinic details are as follows:
Noble County Spring Calf Health Clinic
May 5th 10:30 am – 2:30 pm
Noble County Fairgrounds
RSVP by May 3rd for lunch to Chad Webb, 580-336-4621 or chad.webb@okstate.edu.
Woodward County Spring Calf Health Clinic
May 11th, 11 am – 1 pm (BQA Training only)
Woodward Co. OSU Extension Center
RSVP for lunch to Melanie Matt, 580-254-3391.
Southern Plains Livestock Spring Calf Health Clinic
May 19th 10:30 am – 2 pm
Southern Plains Livestock Auction, 606 N. 29th St. Blackwell, OK 74631
RSVP for lunch to Kay County Extension, 580-362-3194.
OQBN is a network of beef producers, educators, veterinarians and industry professionals committed to increasing producers' access to value added marketing opportunities and improving the quality of cattle produced in Oklahoma by increasing communication between all segments of the beef industry.
BQA certification is a way Oklahoma beef farers and ranchers demonstrate their commitment to following the best practices for producing safe, quality beef for consumers.
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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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Introducing Brynn Bibee of the Stigler FFA Chapter, Your 2022 Southeast Area Star in Agribusiness
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During the month of April, the Radio Oklahoma Ag Network and Oklahoma Farm Report is spotlighting the 17 Area Stars of Oklahoma FFA that are among the highest achievers in the organization.
This week, we spotlight the five area stars in Agribusiness in 2022.
This week, our coverage of the 2022 Oklahoma FFA Star Award Finalists concludes with Agribusiness competitor Brynn Bibee of the Stigler FFA chapter representing the Southeast Area.
Bibee’s project involved her graphic design and photography business, Brynn’s Barnyard.
“I got to start my own business when I was 16 called Brynn’s Barnyard, and then I got to start doing internships and working on my own to get to where I am today,” Bibee said.
At a young age, Bibee said, it is important to show up and show clients that you are professional with or without a degree.
Our coverage of the 2022 Oklahoma FFA Convention is sponsored by Hilliary Communications, serving more than 19,000 customers with telephone service in 22 counties throughout Oklahoma & Texas. The company also offers IP television service and internet speeds up to 1 Gig. Hilliary Communications continuously researches the marketplace for innovations and strives to improve underdeveloped areas, offering services that exceed customer expectations. Click here to learn more about Hilliary Communications.
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Moore Bill on Marijuana Grow Reclamation Passes in House
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Rep. Anthony Moore, R-Clinton, received passage of Senate Bill 1697 through the House this week. The bill, authored by Sen. Darcy Jech, R-Kingfisher, in the Senate, would require all applicants for a medical marijuana commercial grower license and commercial grower licensees to file with the Oklahoma Medical Marijuana Authority (OMMA) a bond in an amount of no less than $25,000 for each license sought or held that covers the land where the licensee will conduct grow operations.
"This bill is part of our effort to make sure that we have a safe and legal medical marijuana industry in Oklahoma, pursuant to what Oklahomans voted for in State Question 788," Moore said. "When some of these businesses go up in smoke, our counties are left holding the bag for land that is difficult to reclaim and reuse for other purposes after it gets abandoned. This bill makes sure there is more accountability for those deciding to open a marijuana grow business."
The bill also allows for OMMA to require a higher amount for the bond depending upon the probable difficulty of reclamation with consideration for topography, hydrology and revegetation potential.
"In addition to more accountability, this bill will protect rural Oklahomans from expensive reclamation," Moore added. "SB1697 has an added benefit of helping us root out illegal grow operations and discourage those who would try to skirt our laws. It's a win for all Oklahomans and I look forward to Gov. Stitt's approval of the legislation."
SB1697 will now be sent to the governor's desk for review and approval.
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Tipton Field Day approaching on April 26
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The annual Tipton Wheat Field Day for southwestern Oklahoma later this month will educate regional wheat producers on the research and developments invested in improving crop production.
“This event presents producers in southwest Oklahoma with regional research that is ongoing on wheat production systems,” said Gary Strickland, Oklahoma State University ag educator in Jackson County and the Southwest Research and Extension Center (SWREC) regional agronomist. “We are going to look at wheat varieties currently available and things that are applicable to our area. The overall emphasis of this is to look at the production and research of wheat in the southwest Oklahoma region to show producers what works and what doesn’t.”
The Tipton Wheat Field Day will be held 8:30 a.m. to 1:30 p.m., April 26 at Tipton Valley Research Center, 7753 State Highway 5 (4 miles south of Tipton on west side of Highway 5), which is part of the SWREC Station Complex in Southwest Oklahoma. The following research topics will be covered:
• OSU wheat variety demonstration
• Wheat hay forage yield and quality study
• Variety testing under limited nitrogen
• CoAXium wheat herbicide study
• Rescuegrass and wild oat herbicide trial
• Wheat breeding block
• Wheat foundation seed block
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More Stories For Your Weekend Reading!
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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 Thursday- Choice Beef was up $1.35 and Select Beef was down 85 cents on Thursday 04/21/2022.
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/Ranch Broadcaster and Editor
KC Sheperd, Farm Director and Editor
Dave Lanning, Markets and Production
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 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 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.
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Our Latest RRP features Don Schieber, the 2022 winner of the Outstanding Achievement in Agriculture Award, which is the highest award given by the Governor of Oklahoma to honor distinguished Oklahoma agriculture producers. This prestigious award honors leaders in the agriculture industry who exemplify personal values, performance, and achievement.
Governor Kevin Stitt presented Schieber his award during the Oklahoma celebration of Ag Day on March 24th- after riding with the honoree in a mule drawn wagon up Lincoln Blvd to the front steps of the Oklahoma State Capitol.
Schieber is the 25th award winner and becomes the newest inductee into the Oklahoma Ag Hall of Fame. Ron and Don talk about his career in production agriculture- his work on behalf of wheat farmers with the Oklahoma Wheat Commission and US Wheat Associates that included traveling to 26 countries taking the Oklahoma wheat production story to buyers of wheat around the world. Don is a major supporter of the wheat breeding work of Dr. Brett Carver- having provided ground on his farm in Kay County for an OSU wheat Variety Field Plot for 17 years.
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
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
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KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
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