Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- USDA July Crop Production Report Estimates Oklahoma Wheat Production up 11 Percent from June
- Latest WASDE shows U.S. ending stocks slightly bearish for Corn, but neutral for Soybeans and Wheat
- NCBA Focuses on More Opportunities for Trade Agreements in Beef Export Market
- Thompson, Lucas and Westerman Introduce Bill to Improve Greenhouse Gas Capture and Storage
- Harvey Schroeder Urges Cotton Farmers to Put their Best Effort in for Consumers
- Pork Exports Remain Below Year-Ago Levels Despite Growth in Multiple Markets
- USDA Accepts More than 3.1 Million Acres in Grassland CRP Signup
- OKFB Hosts Media Training Conference for FFA Members
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USDA July Crop Production Report Estimates Oklahoma Wheat Production up 11 Percent from June |
As wheat harvest has wrapped up for most states, this year's wheat crop has faced setbacks such as drought, intense heat, wind, and high input prices. Due to these headwinds, As of July 1, the United States yield is forecast at 48.0 bushels per acre, down 0.2 bushels from last month and down 2.2 bushels from last year's average yield of 50.2 bushels per acre.
The July Crop Production report from USDA presented wheat production estimate numbers and area harvested for the 2022 crop. Oklahoma is forecasted to harvest 2.7 million acres of winter wheat, which is 8.5 percent lower than last year's harvested acreage, but up 11 percent from last month's forecast. USDA estimates 27 bushels per acre for July, which is the same as the June estimate, but down from last year's 39 bushels per acre. Wheat production for Oklahoma is forecast at 72.9 million bushels as of July first, up 11 percent from the June production estimate and down 37 percent from last year's 115 million bushels.
Over in Texas, the USDA predicts winter wheat harvest to have 1.3 million acres harvested, which is the same estimate as last month but 35 percent less than 2021's harvested acreage. The yield is predicted to be 27 bushels per acre, down from the June estimate of 31 and last year's estimate of 37. For winter wheat production, the USDA sees Texas producing 35.1 million bushels, which is 13 percent less than June's estimate and 53 percent fewer bushels than in 2021.
Kansas is below the 2021 crop production as well. USDA predicts 6.85 million acres harvested, which is about 2 percent less than last year but down from last month's estimate of 6.95 million acres. Yields are predicted to be 39 bushels per acre, which is the same prediction as last month, but 13 bushels per acre less than 2021. For 2022, USDA sees Kansas producing 27 percent fewer bushels than 2021 at about 267 million bushels.
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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 WASDE shows U.S. ending stocks Estimates were Slightly bearish for Corn, but neutral for Soybeans and Wheat |
With slightly higher corn acres, on Tuesday, USDA bumped up corn production slightly to 14.5 billion bushels (bb), but lowered soybean production by 135 million bushels (mb) to 4.5 bb.
USDA increased Russia's wheat production to 81.5 million metric tons (mmt), while leaving exports unchanged at 40.0 mmt. USDA decreased Ukraine's wheat production to 19.5 mmt and held exports at 10 mmt from June's estimate.
Farm Director, KC Sheperd, spoke with Allendale's Rich Nelson who said USDA surprised us by raising the wheat production number a little higher than expected for both winter wheat and other spring wheat.
"Both those numbers came in overestimates," Nelson said. "Therefore, we saw new crop stocks increase from 627 to now 639 million bushels. So a lot of outside market issues in addition to a slightly bearish use of the report got us talking here."
As far as the reductions for Wheat in Ukraine, Nelson said the USDA lowered theirs by 2 million tons to 19.5.
"I will point out that their number, even before this, was within the recent range of estimates," Nelson said. "So they went from the higher end of the prior estimates. Now they're on the middle part of the of the trade estimates here"
Nelson said the trade is still concerned about the numbers from Russia.
"They did raise these numbers by a half-million tons for Russia," Nelson said. "This was supposed to be a record wheat crop for them now at 81.5. A lot of the trade says there's still a lot more work to do. Most of the trade is 85 to 89. million tons. So that will be looming in future, of course."
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NCBA Focuses on More Opportunities for Trade Agreements in Beef Export Market |
In this episode of Beef Buzz, I am back with National Cattlemen's Beef Association's Senior Director for International Trade and Market Access, Kent Bacus, talking about beef export trade agreements for the U.S.
Bacus says that the latest beef export numbers released last week for May show how effective the trade agreements we have with several Asian countries such as China, Japan, and Korea are, and how well they have been working.
"We are very excited about the growth in Asia, but we are also seeing some strong growth here in North America too, so I think when you look at the Korean market, the Japanese market, and the Chinese market, we are going to see the continued growth very strong in all three of those markets," Bacus said.
Bacus said they are also looking at other opportunities in some key markets such as the United Kingdom.
"The Biden administration has pulled back from engaging with the UK," Bacus said. "I think a lot of that was due to personalities and just kind of the rub between the president and Prime Minister Boris Johnson."
With Johnson stepping down now, Bacus said that may create opportunities for the administration to reengage.
"There is no reason why we shouldn't have a free trade agreement with one of our strongest allies and someone with whom we have a special relationship and a strong shared history," Bacus said. "For us, we see that as a good opportunity to develop a market where you have very mature consumers who don't have a lot of access to grain-finished beef, but like a higher quality product."
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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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Thompson, Lucas and Westerman Introduce Bill to Improve Greenhouse Gas Capture and Storage |
Today, House Agriculture Committee Republican Leader Glenn "GT" Thompson (R-PA), House Science, Space, and Technology Committee Republican Leader Frank Lucas (R-OK), and House Natural Resources Committee Republican Leader Bruce Westerman (R-AR) introduced a bill that will improve our ability to capture and store greenhouse gasses from the atmosphere.
Land use like agriculture and forestry already offset total U.S. greenhouse gas emissions by 13%, but with increased research and development, that number could be much higher. The Carbon Sequestration Collaboration Act directs a coordinated research effort across the Department of Energy, the Department of Agriculture, and the Department of the Interior to improve our ability to sequester carbon through land use.
"As a farmer and rancher, I'm well aware of how sound land use practices can conserve resources and improve our environment," Republican Leader Lucas said. "The Department of Energy is already doing great research on large-scale carbon sequestration opportunities, but there is a knowledge gap when it comes to making use of smaller carbon sinks like soils and rangeland. We can't afford to pass up the tremendous potential of land use to store greenhouse gases. We need an all-of-the-above approach to addressing climate change-one that makes use of our many resources. Research and development into innovative solutions like this will be what drives our success in greenhouse gas reductions-not restrictive mandates that raise prices on American families."
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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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Harvey Schroeder Urges Cotton Farmers to Put their Best Effort in for Consumers |
Farm Director, KC Sheperd, caught up with the Executive Director of the Oklahoma Cotton Council, Harvey Schroeder and talked about how things are looking for cotton farmers in Oklahoma at this time.
"There is some good cotton out there and there is some not-so-good cotton out there and a lot of it is totally dependent on rainfall," Schroeder said.
Some cotton in areas such as the Lawton area, Schroeder said, was washed away by the rain. By now, he said, it has had some time to recover, so hopefully, it is doing just that.
In some areas of Oklahoma, Schroeder said they have not had any moisture since the good rains that came a few weeks ago. The wind and the heat have dried that cotton out, he added.
For many farmers, it costs 375 dollars to run a tractor for a day and they have to pay their hired hands around 20 dollars per hour. When commodity prices were high, the high input prices were not as big of a deal, Schroeder said, but now that prices have dropped again, times are hard.
For farmers, Schroeder recommends putting together a budget. Schroeder urges farmers to stay the course and give their crops the opportunity to grow.
"You can't starve a profit out of cotton," Schroeder said. "There are certain things it needs, and you know if you are a cotton farmer what needs to be there."
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Pork Exports Remain Below Year-Ago Levels Despite Growth in Multiple Markets |
May pork export value equated to $65.27 per head slaughtered, down 23% from a year ago but the highest monthly average since July 2021.
U.S. pork exports are still below year-ago levels, primarily due to a continued decrease in exports to China and Hong Kong. However, exports to Central America, Latin America and the Caribbean continue to grow.
Pork exports to Mexico continued to shine in May, as the largest destination for U.S. pork builds further on last year's record performance.
U.S. pork exports to the Dominican Republic set a new record in April (60.8 million pounds) and nearly matched that total in May, increasing 126% from a year ago to 79.6 million pounds.
Exports to the Caribbean, particularly the Bahamas and the Leeward-Windward Islands, increased 38% in value ($113 million). Exports also trended higher to Honduras, the top market in Central America, as well as to Nicaragua.
CLICK HERE for a comprehensive overview of key U.S. pork markets.
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USDA Accepts More than 3.1 Million Acres in Grassland CRP Signup |
The U.S. Department of Agriculture (USDA) is accepting offers for more than 3.1 million acres from agricultural producers and private landowners through this year's Conservation Reserve Program (CRP) Grassland Signup, the highest in history. This program allows producers and landowners to continue grazing and haying practices while protecting grasslands and promoting plant and animal biodiversity and conservation, and it's part of the Biden-Harris administration's broader effort to address climate change and to conserve natural resources.
In Oklahoma- 127,517 acres were accepted for enrollment into the Grasslands CRP.
"This year's record-breaking Grassland CRP signup demonstrates the continued success and value of investments in voluntary, producer-led, working lands conservation programs," Agriculture Secretary Tom Vilsack said. "Grassland CRP clearly demonstrates, time and time again, that conservation priorities and agricultural productivity not only have the capacity to coexist but also complement and enhance one another. Through all our working land conservation programs, farmers and ranchers play a critical role in helping secure the future of both our food production and our natural resources."
Nationwide, this year's Grassland CRP signup surpassed last year's 2.5 million acres by 22%. So far this year, producers have enrolled 2 million acres through the General Signup and more than 464,000 acres have been submitted through the Continuous CRP Signup. This means about 5.6 million acres are entering CRP in 2023, surpassing the 3.9 million acres expiring this year.
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OKFB Hosts Media Training Conference for FFA Members |
Oklahoma Farm Bureau hosted more than 100 FFA members and advisors for a day of media training at OKFB's second-annual FFA Reporters Conference Monday, July 11 at the Sheraton Oklahoma City Downtown Hotel.
The event equipped FFA chapter reporters and presidents with ideas and skills to effectively communicate about their chapter's activities during the upcoming school year.
The workshops focused on writing, layout and design, photography, social media and messaging with special emphasis on sharing FFA members' activities. Part of the real world training came from two working members of the agricultural trade media in Oklahoma- our own KC Sheperd and Mary Peck of Ag Youth Magazine.
"Communication is key to everything," said Josh Wilson, Stillwell FFA reporter. "Without communication, how can we get a message across? Taking what I learned today showed me that I can communicate well. If I do not communicate well or as I should in anything I do, then how can I thrive?"
Oklahoma Secretary of Agriculture Blayne Arthur spoke to the group during lunch, encouraging FFA members to stay involved and engaged in Oklahoma agriculture throughout their education and into their careers. The training also had numerous other guest speakers who offered mentorship to attendees.
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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 37 cents and Select Beef was down 83 cents on Tuesday 07/12/2022.
Click on the Button below for the latest report from USDA Market News
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OKC West in El Reno had 2,500 head on Tuesday for their stocker cattle run.
Compared to last week: Not enough comparable trades for a trend but a firm undertone was noted. Demand moderate to good. Supply included: 100% Feeder Cattle (46% Steers, 44% Heifers, 10% Bulls). Feeder cattle supply over 600 lbs was 28%.
OKC West reports via their Facebook page their estimates for today and their yearling sale-
EXPECTING 7000 HEAD
9 AM- 2700 HEIFERS
1 PM- 4300 STEERS
Click below for the Tuesday report from USDA market News.
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The Superior Livestock Week in the Rockies Sale continues- yesterday the emphasis was on yearlings from across the US.
USDA Market News reports that on Tuesday that Steers in the south central US(KS, MO, NM, OK, TX) Medium and Large Frame Ones for current delivery (up to July 29) were priced as follows:
700-800 $160 to $174
800-900 $161 to $190
900-1000 $$157 to $182.75
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
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.
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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