Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- USMEF's Erin Borror on Another Billion Dollar Month for US Beef Exports
- SEC Proposed Climate Rule Could Intensify Farm and Ranch Consolidation
- OSU's Brian Whitacre Predicts Even the Most Rural Parts of Oklahoma Has Broadband in Its Future
- Oklahoma Wheat Commission to Hold District 2 Election This Week
- Ryan LeGrand with USGC says We are Off to a Great Start on Grain Exports This Year
- SCOTUS Begins Evaluation of McGirt Fallout in Oklahoma v. Castro-Huerta
- OSU's Flagship Field Day to be Held This Friday, May 13
- Nutrien Increasing Potash Production Helping Drive the Company's Earnings
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USMEF's Erin Borror on Another Billion Dollar Month for US Beef Exports |
I visited with Erin Borror, the Vice President for Economic Analysis at the U.S. Meat Export Federation. We talk about the latest March Beef Export numbers just out from the USDA, compiled by the USMEF.
“Beef remained really impressive, so it was a new value record,” Borror said. “Over a billion dollars shipped out again in March and that was on a value basis, up by a third, year-on-year.”
For some context, Borror said we have seen those beef prices, including for the export items, accelerate from about April, to May a year ago. So, Borror added, we are going to get into more challenging year-on-year comparisons, especially from the middle of this year.
“Every month continues to be impressive, and it’s exporting a larger share of production and pretty widespread growth,” Borror said. “So, your big Asian markets continue to lead, and you had Korea up 9% in the first quarter on volume.”
Borror said China, including Hong Kong, was up 36% again. These continue to be big gainers, she added.
“Then you have kind of widespread growth,” Borror said. “The Middle East is coming back in on both variety meats and muscle cuts.”
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SEC Proposed Climate Rule Could Intensify Farm and Ranch Consolidation |
The Security and Exchange Commission’s (SEC) proposed rule to require climate disclosures by public companies could severely impact family farms and ranches and intensify the already concerning rate of consolidation in agriculture. American Farm Bureau Federation economists discuss potential impacts of “The Enhancement and Standardization of Climate-Related Disclosures for Investors” proposed rule in the latest Market Intel.
The proposed rule includes extensive requirements for public companies to report on Scope 3 emissions, which are the result of activities from assets not owned or controlled by an organization but contribute to its value chain. While farmers and ranchers would not be required to report directly to the SEC, they provide almost every raw product that goes into the supply chain. AFBF economists anticipate reporting requirements for farms “could create several substantial costs and liabilities, such as reporting obligations, technical challenges, significant financial and operational disruption and the risk of financially crippling legal liabilities.”
“Farmers have never been subjected to regulations intended for Wall Street,” said AFBF President Zippy Duvall. “This proposed rule is an example of overreach by the SEC, whose primary purpose is to protect investors from unscrupulous business practices. Unlike large corporations currently regulated by the SEC, farmers don’t have a team of compliance officers or attorneys dedicated to handling SEC compliance issues. This proposal could keep small farms from doing business with public companies at a time when all farms are needed to ensure food security here and abroad.”
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OSU's Brian Whitacre Predicts Even the Most Rural Parts of Oklahoma Has Broadband Coming |
Farm Director, KC Sheperd sat down with OSU’s Brian Whitacre at the Chickasha Field Day to visit about rural broadband spreading throughout Oklahoma.
“If you want broadband and can’t get it, it is pretty frustrating,” Whitacre said.
Broadband work is being done as we speak, Whitacre said. In fact, he added, Hilliary Communications is laying a fiber network in Chickasha right now.
Whitacre said we probably will not see the funding for broadband in deep rural areas until 2023, but when it does come, they will be aware of where that funding needs to be spent so it can be distributed quickly.
“We have a great program in Oklahoma,” Whitacre said. “I am now partnering with 27 rural libraries that will loan out these hot spot devices that work off the cellular network and if you don’t have an in-home connection, you can go get a hot spot, take it home with you it can connect your smartphone, your iPad, your desktop, laptop and all that kind of stuff.”
“We have some information on our website about it,” Whitacre said. “It is really pretty straightforward. If you qualify, the eligibility requirements are if you make less than 200% of the federal poverty line, which for a family of four is about 55,000 to 56,000 dollars a year. If you are on Medicaid, Medicare, SNAP, or any of those things, you are able to take advantage of this program.”
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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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Oklahoma Wheat Commission to Hold District 2 Election This Week |
The Oklahoma Wheat Commission will hold an election to fill the District 2 board seat opening. The election will be held Wednesday, May 11, 2022, commencing at 1 p.m. at the American Legion building; located at 111 N. Swem, Hooker, Oklahoma. District II consists of Beaver, Cimarron, Ellis, Harper, Texas, Woods and Woodward counties.
All wheat producers within District 2 boundaries who are actively engaged in wheat production, have marketed wheat, and have paid a check-off fee and left that fee with the Commission for the current year are eligible to vote. It will be the responsibility of the producer to prove their eligibility to vote by providing a dated grain elevator receipt including the producer’s name and amount of wheat sold, and a driver’s license or some other form of identification.
Candidates wishing to run in the election must be at least 25 years old, a resident of Oklahoma, engaged in growing wheat in the district in the state for at least five years and must derive a substantial portion of his/her income from growing wheat.
Three nominations will be made at the election, from which the Oklahoma Secretary of Agriculture will appoint one person to serve a five-year term with the Oklahoma Wheat Commission.
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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 Farm Bureau is a grassroots organization working to improve the lives of all Oklahomans by supporting our state’s agriculture community. As Oklahoma’s largest general farm organization, OKFB advocates for farmers and ranchers at the state Capitol and in Washington, D.C., to ensure our way of life continues for generations to come. With leadership events, supporting our state’s agricultural youth and connecting consumers with agriculture, Farm Bureau promotes and sustains Oklahoma agriculture in numerous ways. Join with OKFB today by becoming a member at okfarmbureau.org/join. Together, we are rural Oklahoma.
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Ryan LeGrand with USGC says We are Off to a Great Start on Grain Exports This Year |
Farm Director, KC Sheperd caught up with U.S. Grain Council President and CEO, Ryan LeGrand during the National Association of Farm Broadcasters Washington Watch, in Washington D.C.
“Exports are going really well,” LeGrand said. “We are coming off a record year last year, for grain in all forms.”
LeGrand said we have never exported more corn than we did last year at almost 70 million tons.
“Sorghum is through the roof as well,” LeGrand said. “It’s just been a really good year and we are off to a great start for this current year as well.”
Japan and China are doing really well in grain exports, but they are still taking covid lockdown very.
Surprisingly, LeGrand said the Covid restrictions in China and Japan have not been much of a problem for grain export success.
“China has been in for 4 million tons of corn over the last month, splitting evenly between this year’s crop and next,” LeGrand said. “But there is a need. There is a real demand that still exists despite all these Covid lockdowns.”
Luckily on the bulk grain shipping side, LeGrand said we have not been affected too badly.
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SCOTUS Begins Evaluation of McGirt Fallout in Oklahoma v. Castro-Huerta |
The United States Supreme Court heard oral arguments in the case of Oklahoma v. Castro-Huerta on Wednesday, April 27. Earlier this year, the Oklahoma Farm Bureau Legal Foundation submitted an amicus curiae – or “friend of the court” – brief alongside the Environmental Federation of Oklahoma, Oklahoma Cattlemen’s Association and the Petroleum Alliance of Oklahoma in support of the state of Oklahoma’s position.
Castro-Huerta stems from the 2020 ruling in McGirt v. Oklahoma, where the Supreme Court ruled that the state of Oklahoma did not have jurisdiction to prosecute Jimcy McGirt, a member of the Muscogee Creek Nation, for a crime committed in an area of eastern Oklahoma considered to be a tribal reservation – also known as “Indian country” – under the federal Major Crimes Act. The Court ruled prosecution could only be sought by federal or tribal entities.
In Castro-Huerta, the Supreme Court will consider whether the state has the right to seek prosecution of non-Indians who have committed crimes against Indians on Muscogee Creek, Choctaw, Cherokee, Chickasaw, Seminole or Quapaw reservations in Oklahoma.
The OKFB Legal Foundation and participating organizations urged the Supreme Court to reverse the original decision by the Oklahoma Court of Criminal Appeals
A decision is expected by June 30 unless SCOTUS holds the case for re-argument next term.
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OSU's Flagship Field Day to be Held This Friday, May 13 |
Oklahoma State University’s flagship field day is quickly approaching with an opportunity to gain valuable wheat knowledge and earn continuing education credits.
The Lahoma Field Day will be held 9 a.m. to 1:30 p.m. on May 13 at the Oklahoma State University North Central Research Station one mile west of Lahoma on State Highway 60.(Pictured above- four rising wheat varieties from the OSU wheat program- as seen in 2021- which is likely a lot better than they will look here in 2022)
“It’s a great opportunity for producers interested in learning more about wheat varieties available and management practices that could help improve wheat yield and quality,” said Amanda Silva, Oklahoma State University assistant professor and small grains Extension specialist.
The Lahoma Field Day appeals to producers across the state with information on OSU’s wheat variety trials, which involve more than 50 varieties commercially available to producers. The trials compare varieties under standard and intensive management practices.
“It’s a good way for producers to see how different wheat varieties look in person out in the field with their ability to withstand high disease pressure and drought. This can help producers decide on what varieties to plant,” Silva said.
Producers will receive information on upcoming varieties from the OSU wheat breeding program and a broad range of genetics in their region, as well as learn about disease, insect, weed and nutrient management and how different varieties perform under drought conditions. Other topics will include wheat varieties, breeding and fertility. Continuing education units will be available at this event, and lunch is included.
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Nutrien Increasing Potash Production Helping Drive the Company's Earnings |
Nutrien says its first-quarter earnings in 2022 totaled $1.4 billion. The first-quarter net earnings per share were $2.70. Nutrien says global agriculture and crop input markets are being impacted by many unprecedented supply disruptions that have contributed to higher commodity prices and heightened concerns about global food security. “The situation proves the need for long-term solutions that support a sustainable increase in global crop production,” says Ken Seitz, interim president and CEO of Nutrien.
“We are responding by safely increasing potash production and utilizing our global supply chain to provide customers with the crop inputs and services they need for this critical growing season. He also says the company expects higher earnings and cash flows this year, which provides them an opportunity to accelerate strategic initiatives that Nutrien believes will advance sustainable agriculture practices. It includes the potential to expand their low-cost fertilizer production capacity and enhance their global distribution network.
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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 lower- Choice Beef was down 74 cents and Select Beef was down 75 cents on Friday 05/06/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had right at 4,600 head of cattle Sunday evening- and Stockyards President Kelli Payne tells us they expect to start their sale this morning with 5,200 head and will likely sell right around 6,000 head for the day. She says they will start the sale at 8 AM this morning.
May 2nd- Compared to the previous week: Feeders steers and heifers steady to 2.00 higher. Steer and heifer calves steady to 2.00 lower, not all weights well tested. Demand moderate good. Quality average.
Click below for the complete closing report.
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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
Reagan Calk, Farm News and Email Editor
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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