Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- Cattle on Feed Report Shows Biggest May First Inventory Since 1996- Drought Pushing Cattle Into Feedlots
- Wheat Harvest Breaks Out in Southwestern Oklahoma
- Dr. Tom Coon Says They are at 98% for Fundraising On New Frontiers "Ag Hall" Building at OSU
- Strong Farm Economy Continues to Support Credit Conditions
- Latest Southern Plains Perspective Blog Post Worries About Worsening Drought
- Union Mutual Making Plans to Expand into Neighboring States- We Talk with CEO Monica Collison
- American Herefords and Colorado State Begin Sustainable Genetics Research
- Feral Swine Information Meetings Happening This Week
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Cattle on Feed Report Shows Biggest May First Inventory Since 1996- Drought Pushing Cattle Into Feedlots
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Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 12.0 million head on May 1, 2022. The inventory was 2% above May 1, 2021. This is the highest May 1 inventory since the series began in 1996, USDA NASS reported on Friday. I talked with OSU Extension Livestock Market Economist Dr. Derrell Peel about the on feed number and the rest of the report right after USDA released the numbers- and Dr. Peel says this report continues to show that cattle are being sent to the feedlots in big numbers- "you know, we have had record large inventories the last several months and we've said before that it means we are pulling cattle ahead and I suspect that it's drought related and we changing the timing- if you look at it- it means we are going to have plenty of feedlot supplies to work through the next several months- we are pulling cattle out of the last quarter of the year to the third quarter of the year at this point. Peel says he still expects the Placement numbers will drop soon but cattlemen are putting that event off again another month.
Speaking of placements- placements in feedlots during April totaled 1.81 million head, 1% below 2021. Net placements were 1.76 million head. During April, placements of cattle and calves weighing less than 600 pounds were 355,000 head, 600-699 pounds were 270,000 head, 700-799 pounds were 415,000 head, 800-899 pounds were 489,000 head, 900-999 pounds were 210,000 head, and 1,000 pounds and greater were 70,000 head.
Marketings of fed cattle during April totaled 1.89 million head, 2% below 2021.
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Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company’s long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.
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Wheat Harvest Breaks Out in Southwestern Oklahoma
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At the end of this past week- and on into the weekend- combines have been running in several communities in the southwestern corner of our state. According to Mike Schulte with the Oklahoma Wheat Commission- wheat has been hauled in to facilities in Tipton, Grandfield and Frederick.
Early test weights that have been reported range from 58 to 61 pounds. As for yields- Schulte tells us that he's hearing everything from 15 to 41 bushels, with a lot falling into the mid twenty bushel range.
The Oklahoma Wheat Commission will be pulling together more early details today- and will be issuing their first harvest report for 2022 by the middle of this afternoon.
We will be posting that promptly on our website and it will be featured in our Tuesday email.
(The picture above is from the Frederick area from the Johnson Farms Custom Harvesters out of Kansas- this wheat taken on Friday, May 20th)
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Dr. Tom Coon Says they are at 98% for fundraising On New Frontiers Building at OSU
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Farm Director KC Sheperd sat down with OSU’s Dr. Thomas Coon, Vice President for Agricultural Programs and Dean of the Ferguson College of Agriculture at Oklahoma State University. Sheperd and Coon talked about new construction for the University and the progress.
Coon announced that the Ferguson College of Agriculture New Frontiers building has received 98% of the fundraising for the building’s completion.
“We are getting awfully close to our 50-million-dollar goal and really expect to go past that here in the next couple of weeks,” Coon said. “That won’t be the last of it because I think there is going to be a lot of interest people have in the project as we go through the building and construction process.”
Coon said he fully expects more gifts to come in for New Frontiers.
“The nice thing is, it is there, we know how to do it, and we probably won’t be out on the road quite as much trying to increase the number of people coming to it,” Coon said, “but it will be more a matter of people just coming to it out of their own interest, and we will be happy to help them.”
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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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Strong Farm Economy Continues to Support Credit Conditions
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Agricultural credit conditions improved in the first quarter of 2022, and farm real estate values continued to increase alongside strength in the American farm economy. Following a year of accelerating increases, the value of non-irrigated cropland across much of the country has soared through March of this year.
The sharp growth in land values persisted despite a slight increase in farm loan interest rates. Farm loan repayment rates continued to increase, and credit conditions remained strong.
The Kansas City Fed says the outlook for agricultural credit conditions remained optimistic alongside persistently strong commodity prices. However, many district lenders expect conditions to soften in the coming months alongside the pressure on profit margins from higher input costs and harsh drought conditions in large parts of rural America.
Farm real estate markets also remain strong, but smaller profit margins or higher interest rates could limit gains in land value in the year ahead.
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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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Latest Southern Plains Perspective Blog Post Worries About Worsening Drought
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Clay Pope writes regularly for us and others about conservation, soil health and more- including a lot lately on drought conditions here in Oklahoma and the southern plains.
In his latest Blog- he shows lots of graphics to illustrate his drought concerns- and then says "While I know I am once again repeating myself, it is good advice to give serious thought on your drought plans. Do you have a strategy for dealing with what every day seems more and more likely heading our way?
"If you’re interested, our partners at USDA and the Cooperative Extension Service have tons of information and tips for you to consider-in an earlier blog post we wrote about some of the suggestions Natural Resources Conservation Service (NRCS) has on drought planning here; Oklahoma State University Extension has some great wildfire information here; the Noble Research Institute has some useful resources for drought planning here; we even have some videos with NRCS personnel talking about dry weather strategies here and here. If you want to strategize further out not just for drought, but for all extreme weather, you can check out the NRCS climate adaption workbook here.
"I know I am repeating myself, but I truly worry that it is going to get really, REALLY bad. When you have these conditions and the chance for a very rare third La Nina in a row, the stars seem to be aligning that way."
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Union Mutual Making Plans to Expand into Neighboring States- Ron Hays Talks with CEO Monica Collison
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Hall of Fame Farm and Ranch Broadcaster Ron Hays visited this past week with the president and CEO of Union Mutual Insurance Company, Monica Collison. Collison talks about programs offered through Union Mutual and the company’s plan to expand its business beyond Oklahoma’s borders.
“What we are planning to do and hoping to do is to expand our borders, if you will, and introduce our legacy as well as our Town and Country product, first into Arkansas,” Collison said.
Collison said the company is hoping to make this expansion somewhere during the first quarter of 2023, if not sooner. Once they are off the ground, Collison said they will look more into moving into some of Oklahoma’s other bordering states.
In the state of Oklahoma, Union Mutual has recently announced the launching of a mobile home product.
“Our mobile home policy actually provides replacement cost coverage at a really competitive rate for consumers in Oklahoma and it’s something that we like to go out and talk with our agents in the field and hear from them as to what they think our consumers, and policyholders, need and want,” Collison said.
Collison said they are hoping to have the mobile home policy available as of July 1st.
“Our producers and consumers need to be looking for that, so anyone interested in that can contact any of our Town and Country agencies to find out more about it,” Collison said. “We are excited about this for sure. It is going to be a preferred product much like the Town and Country product that we launched last year.”
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American Herefords and Colorado State Begin Sustainable Genetics Research
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As individual cattle producers and as the collective beef industry, we will continue to be asked to do more with less, as it relates to environmental and economic sustainability," says Jack Ward, executive vice president of the American Hereford Association (AHA). "That’s why we’re excited to begin this cooperative research agreement with Colorado State University (CSU). It leverages decades of AHA research and data collected by AHA members aimed at characterizing genetics associated with production efficiency, which plays a key role in environmental and economic sustainability."
AHA data includes individual feed intake records collected through its National Reference Sire Program since 2010. As well, Ward emphasizes AHA began whole-herd reporting in 2001 to secure complete calf crop information and eliminate reporting bias.
Specifically, AHA-CSU cooperative research will enhance understanding of the genetic differences in seedstock relative to enteric methane production and nitrogen excretion. The research includes identifying selection tools that can help reduce beef’s carbon and environmental footprint.
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Feral Swine Information Meetings Happening This Week
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Feral hogs are a major problem for the agricultural community, as well as some urban communities, causing millions in damage to land and crops each year. Feral hogs pose disease risks to livestock, pets and humans.
Two events are scheduled THIS week to focus on efforts regarding this issue:
The Feral Swine Information Meeting hosted by the Oklahoma Conservation Commission and the Kay County Conservation District is scheduled for 9 a.m. to 2 p.m., May 24 in The Kay Room, 300 W. Doolin in Blackwell. RSVP to the Kay County Conservation District at (580) 362-2438.
The Feral Swine Information Meeting hosted by the Oklahoma Conservation Commission, the Osage County Conservation District and the Pawnee County conservation District, is scheduled for 9 a.m. to 2 p.m., May 25 in The Womens Center, 510 Memorial Road in Pawnee, OK. RSVP to the Osage County Conservation District, (918) 287-3570, Ext. 3.
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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 Friday- Choice Beef was up 47 cents and Select Beef was down sharply 43.04 lower on Friday May 20th.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had over 8,000 head on Sunday evening and Kelli Payne, President of the ONSY, says they expect to start with 8,700 head for Monday's auction. They will start the auction early at 6:30 AM.
On May 16th- Compared to previous week: Feeder steers steady. Feeder heifers 3.00 - 5.00 lower. Steer and heifer calves 4.00 - 8.00 lower. Demand continues better for the heavier weights. . Demand light to moderate for calves. More un-weaned calves beginning to show and this looking more like a June run. Still waiting on the May wheat run to begin unless cattle sold early due to the drought or less graze out cattle due to high wheat prices. Though head count wise, we are close to the same as a year ago, however we are far from the 81 percent over 600 lbs. like last year.
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 takes us to Enid, Oklahoma. Chisholm Trail Milling is a joint dream of two businessmen from different states and from different parts of the food chain- Oklahoman Brady Sidwell who farms and has been moving his business into value added products brings the expertise of wheat farming and merchandising that wheat while Graison Gill is a nationally known baker and miller from New Orleans, La. They have come together in Enid, Oklahoma to establish a commercial mill that produces niche high quality fresh flour that is Identity Preserved wheat of a single variety that comes from the Oklahoma State Wheat Breeding Program.
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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