Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- As Weather stays Hot and Dry Oklahoma Wheat Harvest now 75% Completed
- USMEF's Dan Halstrom Sees Signing of Ocean Reform Act Helping U.S. Meat Exporters Be Reliable Suppliers
- Beef Prices Supported by Other Proteins with OSU's Derrell Peel
- New Series of Free Ranching Webinars Begins June 23
- OKFB Generation Bridge to Host Three Summer Events
- Proposed SEC Rule Requirements Nearly Impossible for Family Farms
- Class I Railroads Slammed Over Gaps in Rail Service Recovery Plans
- Kansas Governor Laura Kelly Offering Support to Feedlots Who Lost Cattle Due to Heat Stress Earlier in June
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As Weather stays Hot and Dry Oklahoma Wheat Harvest now 75% Completed |
During the wheat harvest season, the Oklahoma Wheat Commission releases a Hard Red Winter wheat harvest report- here is the latest report from the Wheat Commission as of June 20, 2022.
Oklahoma Wheat harvest is moving ahead across the state in all locations with much of Southwest, South Central and Central Oklahoma closer to the finish line. Due to open weather over the past week- test weights, protein numbers and yield reports continue to be on par with the numbers that were reported last week.
Proteins across the state are favorable with averages coming in between 12 to 13% in most places. Yields are ranging all over the board from the low teens to mid-20's in Southwest, Oklahoma. In South Central Oklahoma, yields being reported from 10 bushels per acre to the mid 30's.
Yields in central and Northern Oklahoma are being reported as higher ranging from 15 bushels per acre to as high as 65 bushels per acre. In the Northern tier of the state where yields are better, regions are still looking at averages in the high 20's to mid-30's. It is also important to note several areas in Northwest Oklahoma up by Cherokee and Burlington had severe drought and large portions of that region will not be harvested, which will also have major impact on statewide bushels that are taken in.
The Oklahoma Wheat Commission is now calling Oklahoma wheat harvest 75% completed
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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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USMEF's Dan Halstrom Sees Signing of Ocean Reform Act Helping U.S. Meat Exporters Be Reliable Suppliers |
In this episode of Beef Buzz, I am speaking with the president and CEO of the U.S. Meat Export Federation, Dan Halstrom. Recently signed into law, we talk about the Ocean Shipping Reform Act and how it will give more leverage in making sure U.S. meat exports are treated fairly when moving to their end destinations.
"We have all been talking about international shipping or congestion for months now, and it continues to be a real problem threatening to slow down demand," Halstrom said. "Demand is still pretty good, but this threatens to slow it down."
The Ocean Shipping Reform Act, Halstrom said, which was signed into law recently is a big step forward. It will enable the industry, particularly exports, to gain leverage to ship products more promptly, he added.
"One of our big selling points as an export industry for beef and pork, in particular, has been the ability to ship reliably week after week," Halstrom said. "The last several months, that has not been the case."
While it will take some time to sort through the congestion, Halstrom said we are now in a good position and can look forward to a level playing field.
"One of the things that I think this act will do is hopefully put some pressure on the steamship lines to fill more of the containers and send them back full, rather than empty, back to Asia," Halstrom said.
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Beef Prices Supported by Other Proteins with OSU's Derrell Peel |
Weekly, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Derrell Peel, Mark Johnson and Paul Beck. Dr. Peel talks about how demand for beef and other proteins will be challenged by rising prices.
The question of beef demand for the remainder of this year is an interesting comparison to exceptionally strong wholesale and retail prices in the second half of 2021. In the first quarter of 2022, retail and wholesale beef prices were sharply higher compared to last year. Retail all-fresh beef prices in May were 9.5 percent higher year over year. However, beef prices rose sharply in the second quarter of 2021 and remained high for the remainder of the year. Retail beef prices reached a record high in October 2021 with an all-fresh price of $7.548/lb. The all-fresh retail price has since decreased slightly to a May 2022 level of $7.374/lb.
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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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New Series of Free Ranching Webinars Begins June 23 |
The Zoom webinars start each week at noon and are free to the public. Registration is required. Producers are encouraged to join OSU Extension beef cattle specialists, scientists and ranchers across the state to learn and share information about beef production, management and marketing.
Rancher's Thursday Lunchtime Series summer dates:
June 23: Tax strategies for the cow/calf enterprise with J.C. Hobbs, OSU Extension
June 30: Minimizing cost in a cow/calf enterprise with Dave Delaney, King Ranch Institute for Ranch Management
July 7: Managing fescue and bermudagrass pastures to extend fall and winter grazing with Brian Pugh, OSU Extension
July 14: Fall seeding legumes to reduce fertilizer inputs with Mike Trammel, OSU Extension
July 21: Should I deworm cows? How do I know? What products? with John Gilliam, OSU College of Veterinary Medicine
July 28: Protein sources; what are the options to reduce cost? with Paul Beck, OSU Extension
August 4: Minimizing winter supplement cost with David Lalman, OSU Extension
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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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OKFB Generation Bridge to Host Three Summer Events |
Oklahoma Farm Bureau members ages 35-50 are invited to attend the OKFB Generation Bridge Summer Series, which features three opportunities for members to gather in July and August.
OKFB's new Generation Bridge program targets OKFB members who are in the middle of their agriculture careers and want to expand their agricultural knowledge, connections and leadership experience.
The three events – July 28 in Tulsa, August 12 in Enid, and August 26 in Oklahoma City – will provide members with the opportunity to enjoy conversations, make connections and create community with like-minded producers.
Generation Bridge members will enjoy a night at the Tulsa Drillers Stadium, located in downtown Tulsa, Thursday, July 28, to reconnect and recharge with fellow Farm Bureau members.
Enid Brewing Company will host members Friday, August 12 at 6 p.m. for an evening of learning about adding value to agricultural products and the current issues facing agriculture.
Members can finish out the summer by attending the final Summer Series event at Remington Park in Oklahoma City Friday, August 26 to hear about ways to involve people in agriculture and ways to engage with consumers.
All events are free to Farm Bureau members ages 35-50. Fill out the online form to register here. Lodging will not be provided, but members can take advantage of exclusive discounts from OKFB member benefit partners, which can be found at okfarmbureau.org/benefits.
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Proposed SEC Rule Requirements Nearly Impossible for Family Farms |
The American Farm Bureau Federation warned the Securities and Exchange Commission (SEC) today about the consequences to rural America of the SEC's proposed rule, “The Enhancement and Standardization of Climate-Related Disclosures for Investors ." The proposal would require public companies to report on Scope 3 emissions, which are the result of activities from assets not owned or controlled by a publicly traded company but contribute to its value chain. While farmers and ranchers would not be required to report directly to the SEC, this regulation would impose additional burdens as they provide almost every raw product that goes into the food supply chain.
The comments were filed on behalf of AFBF and 10 other agriculture organizations. The organizations state, “Our organizations and our members are committed to transparency in climate-related matters to inform our stakeholders in a manner consistent with existing practices in the agriculture industry. However, without changes and clarifications, the Proposed Rules would be wildly burdensome and expensive if not altogether impossible for many small and mid-sized farmers to comply with.”
AFBF President Zippy Duvall said, “Farmers and ranchers are committed to feeding America's families while protecting the resources they've been entrusted with. We're doing this through voluntary, market-driven incentives, but this proposed rule threatens that progress.
In addition to the American Farm Bureau- the Dairy Industry also issued a news release on the SEC regulations- and the NCBA rolled out a podcast with Mary Thomas Hart on the issue on Monday- we have those links below as well.
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Class I Railroads Slammed Over Gaps in Rail Service Recovery Plans |
The Surface Transportation Board is criticizing the four major U.S. Class I railroads for not providing enough pertinent information on their rail service recovery plans, and it is asking the railroads to supplement what they have already provided.
BNSF, CSX (NASDAQ: CSX), Norfolk Southern (NYSE: NSC) and Union Pacific (NYSE: UNP) “submitted plans that were perfunctory and lacked the level of detail that was mandated” by STB's May 6 order requiring the four railroads to submit rail service recovery plans, the board said in a release late Monday.
STB required the four railroads each to draft rail service recovery plans in response to rail shippers' concerns about deteriorating rail service in recent months. Those concerns were raised to STB in letters to the board and during a late April hearing.
“The plans generally omitted important information needed to assure the board and rail industry stakeholders that the largest railroads are addressing their deficiencies and have a clear and measurable trajectory for doing so,” STB said.
STB was also critical of UP's and NS' plans, saying that they “flatly refused” to provide the six-month targets for achieving their performance goals as required in the board's order.
The board is giving the railroads until June 23 to respond with the requested supplemental information and data. The information includes what actions the railroads are taking to improve service and communications with their customers, as well as data on headcount increases. Monday's decision outlines what each railroad individually must provide to STB. Failure to provide that information could lead to monetary penalties, according to the decision.
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Kansas Governor Laura Kelly Offering Support to Feedlots Who Lost Cattle Due to Heat Stress Earlier in June |
Governor Laura Kelly has announced actions her administration has taken and resources that are available to support cattle feeders in southwestern Kansas whose cattle died over the weekend of June 10-12 due to heat stress. A combination of temperatures spiking in a short amount of time, high humidity, and little-to-no wind caused cattle losses- a rare event in an area that is usually ideal for cattle feeding.
"I have directed state agencies to do everything in their power to help Kansas cattle feeders who lost cattle due to heat stress," said Governor Laura Kelly. "From expediting burial permits to reaching out to cattle producers across the state, my Administration is working to ease the impact of last weekend's losses on the Kansas agricultural community."
"We're working as quickly as possible to assist facilities in safely disposing of the carcasses and to respond to the needs of impacted ranchers," said Janet Stanek, Secretary of the Kansas Department of Health and the Environment. "In the last week, our staff has processed burial permits and worked with landfills to ensure that carcasses are disposed of properly."
Two of our Beef Buzzes this past week focused on the loss of thousands of cattle because of this unusual "perfect storm" of heat related weather- Click here for our Beef Buzz that featured Scarlett Hagins of the KLA on the heat stress event- and Click Here for the our Beef Buzz with K-State Vet Dr. AJ Tarpoff on how this heat stress resulted in the deaths of the more susceptible cattle that were in the feedlots impacted by the heat stress.
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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- Choice Beef was up 24 cents and Select Beef was down 14 cents on Monday 06/20/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 6,500 head of cattle that sold on Monday 6/20/2022.
Compared to last week: Feeder steers steady to 2.00 higher. Feeder heifers 2.00-4.00 higher. Steer calves mostly steady. Heifer calves 3.00 -6.00 higher. Early demand, again very good. Many cattle in the buyers favor and thin fleshed and or gaunt. Weather remains hot and dry but perfect for harvesting wheat.
Click below for the complete closing report.
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The Joplin Regional Stockyards had a total run of 5.584 head of cattle for the Monday sale on June 20, 2022.
Compared to last week feeder steers under 500 lbs traded steady to 6.00 higher. Steers over 500 lbs. traded 6.00-12.00 higher. Feeder heifers traded 6.00-11.00 higher. Supply was moderate with very good demand.
Click on the button below for details of the trade as compiled by the USDA Market News Service.
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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. (Due to Federal Holiday, Juneteenth, there was not a grain report issued on Monday, June 20th)
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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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KC Sheperd visits with Dakota Moss of Livestock Risk Services. When the pandemic hit in 2020 the cattle markets along with the rest of the world suffered. Many farmers and ranchers altered their marketing plans on crops and livestock to try and prevent a loss in the down Covid markets. This led to cattle being held months longer than planned hoping for a better market. Unfortunately for many farmers and ranchers they had no choice but to sell much heavier cattle into a down market. Resulting in a lower $/cwt price and profits lost. Sheperd and Moss discuss some alternative options for producers with the Livestock Risk Protection 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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