Oklahoma's Latest Farm
And Ranch News
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Friday, September 30, 2022
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Here is your daily Oklahoma farm and ranch news update.
- This Week's Drought Monitor Shows Drought Conditions in Oklahoma Continuing to Rise
- Three Million Set to Become $23 Million for Emergency Drought Relief
- Congressman Frank Lucas Works to Exclude Farmers and Ranchers from SEC Climate Disclosure Rulemaking
- Ag Groups Cheer Lucas SEC Proposal
- Secretary Ryan Walters Discusses Critical Topics Related to Oklahoma Education
- Dr. Kim Anderson Talks Factors Impacting Commodity Markets This Week
- More Stories for Your Weekend Reading
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This Week's Drought Monitor Shows Drought Conditions in Oklahoma Continuing to Rise
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As Oklahoma continues to wait for rain, drought levels intensify in this week’s drought monitor. The statewide average rainfall total of 0.7 inches for Sept. 1-29 places it as the 5th driest September on record for the state dating back to 1895.
In Oklahoma, exceptional drought is at 17.25 percent, up from last week’s 13.6 percent.
Extreme drought is now at 64.4 percent, jumping over 10 percentage points from last week’s 53.9 percent.
Severe drought or worse has reached 94.4 percent, up from last week’s 89.25 percent.
Moderate drought or worse is now at 99.8 percent, up slightly from last week’s 98.9 percent.
Abnormally dry or worse conditions have topped off at 100 percent, up from last week’s 99.9 percent.
According to the 6-10-day precipitation outlook map for Oklahoma, the state shows a below-normal chance of precipitation through October 8 in most of the state. The panhandle is leaning above a 33-40 percent chance of precipitation through October 8.
To view this week's drought numbers, click the map above the story.
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Three Million Set to Become $23 Million for Emergency Drought Relief
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With lots of controversy at the state capitol Thursday at the State Capitol over transgender issues- there seemed to be broad agreement to increase the state investment in emergency drought relief that had three million dollars allocated during the regular session.
House Bill 1006XX designates $20 million to the Emergency Drought Relief Fund.
The fund was created in 2013 to provide funding for emergency drought relief activities once a drought emergency has been declared. Funds must be expended solely on efforts to relieve drought conditions.
HB1006XX was presented on the House floor Thursday morning by Rep. Dell Kerbs, R-Shawnee.
"The vast majority of farms in our state are family-owned, many of which have been operating for generations," said Kerbs, who chairs the House Agriculture and Rural Development Committee. "We need to take care of our farmers and ranchers because they're the ones who take care of us, and this bill gave us an opportunity for the legislative body to help those in need now while also mitigating future situations."
Both bodies overwhelmingly passed the measure- now to be considered by the Governor to become law.
In the meantime- the next meeting of the Emergency Drought Commission is set for this morning at 10 AM. While the Commission won't be considering the additional funds in this morning's meeting- that will follow soon once Governor Stitt has signed measure.
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Congressman Frank Lucas Works to Exclude Farmers and Ranchers from SEC Climate Disclosure Rulemaking
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In March of 2022, the Securities and Exchange Commission proposed the climate disclosure rule (The Enhancement and Standardization of Climate-Related Disclosures for Investors), which requires registrants to disclose information about direct greenhouse gas emissions, indirect greenhouse gas emissions from purchased electricity, or other forms of energy and those from upstream and downstream activities in its value chain.
In this Episode of Beef Buzz, I am catching up with Congressman Frank Lucas talking about working on a piece of legislation, the Protect Farmers from the SEC Act, that could offer protection for farmers and ranchers when it comes to reporting individual farm or ranch greenhouse gas emission numbers to the Security and Exchange Commission.
The bill would prohibit the U.S. Securities and Exchange Commission from requiring an issuer of securities to disclose greenhouse gas emissions from upstream and downstream activities in the issuer’s value chain arising from farms and ranches.
“I am in the process of filing to protect farmers from the SEC act,” Lucas said. “It is a bill to exclude agriculture from the Securities and Exchange Commission climate disclosure rulemaking process they are going through right now.”
The Biden administration and their SEC chairman, Gary Gensler are having trouble getting congress to pass the kind of laws they want, Lucas said, so they are wanting to use the rulemaking process to do it by fiat through the bureaucracy of the federal government.
Lucas is wanting to remove the SEC’s authority to make rules as it affects producers.
While the bill has little chance of becoming law this session- Lucas hopes the large number of co-sponsors and the large number of ag groups will get the attention of the SEC ahead of the possible finalization of this rule.
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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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Ag Groups Cheer Lucas SEC Proposal
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As the US House gets ready to head home to campaign for the mid term elections and will next meet in a lame duck session- Oklahoma Congressman Frank Lucas has lined up a large amount of support for his bill that would prohibit the SEC from requiring individual farmers and ranchers from having to come up with GHG data on their farm or ranch.
Over 100 original co sponsors are on board (including Oklahoma’s Tom Cole, Markwayne Mullin and Stephanie Bice), and is also supported by the American Farm Bureau Federation, National Cattlemen's Beef Association, National Association of Wheat Growers, National Cotton Council, National Corn Growers Association, National Pork Producers Council, USA Rice, American Sugar Alliance, American Soybean Association, National Potato Council, United States Cattlemen’s Association, National Council of Farmer Cooperatives, Agricultural Retailers Association, Oklahoma Farm Bureau, and the Oklahoma Cattlemen’s Association.
OCA's Michael Kelsey tells us “The SEC is considering rules that would create an overwhelming documentation burden on Oklahoma’s family farmers and ranchers requiring data that doesn’t exist nor is it necessary. OCA greatly appreciates the leadership of Representative Lucas to file this legislation to stop the overreach of liberal environmental ideals that are not factual but rather detrimental to Oklahoma’s family farmers and ranchers.”
As for Oklahoma Farm Bureau- “Oklahoma Farm Bureau members appreciate Rep. Frank Lucas’ tireless work to protect family farmers and ranchers from the flawed SEC emissions rule proposed earlier this year,” said Rodd Moesel, OKFB president. Without the changes laid out in this bill brought forth by Rep. Lucas, the proposed SEC regulations would be nearly impossible to comply with and the ramifications would be felt throughout our nation’s food supply and by our 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
The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community, and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations.
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Secretary Ryan Walters Discusses Critical Topics Related to Oklahoma Education
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Farm Director, KC Sheperd, got to chance to visit with Secretary Ryan Walters on some hot topics concerning education in Oklahoma as he runs for state superintendent.
On the topic of federal funds, which pay for many critical things in Oklahoma schools, Walters said he plans to audit every single dollar in education.
“Oklahomans deserve better than being 49th in education,” Walters said. “We have invested more in education, right now than we ever have as a state. We have invested in the last four years over one billion dollars in reoccurring revenue for education and if you ask teachers if they feel that investment, most of them will tell you they don’t. They have not seen that. It is not making its way to the classroom.”
Walters said he plans to fight the Biden administration to reject any type of agenda that doesn’t align with Oklahoma values and hopefully put those dollars out to better use. This doesn’t mean every dollar, Walters said, but simply means that money is going to the best use of Oklahoma teachers and kids.
Walters talked about the voucher system and said parental empowerment is key to education, and that looks different in different areas. It is important to note that any type of voucher system or lack thereof would have to be approved through the legislature and Walters does not hold the power to do either of those things.
“Allowing parents to choose the school of their choice I believe is very important,” Walters said. “I believe in Tulsa and Oklahoma City you are going to see a lot of that. I think in rural Oklahoma it is more of the conversation we just had about access.”
Walters said his summary plan for teacher retention here in the state involves getting indoctrination out of schools, continuing to use accountability and transparency measures to see where money is being spent, and making sure it goes down to the classroom. Another important key Walter mentioned is for teachers to be supported by their administrations, because they need that support to control their classrooms.
KC Also asked the secretary about early childhood education, HB1775, OEQU and JAG, Teacher Retention, and more that will be featured on our Podcast Road to Rural Prosperity next week.
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Dr. Kim Anderson Talks Factors Impacting Commodity Markets This Week
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This Week on SUNUP is Oklahoma State University Extension grain market economist, Kim Anderson. During this week's edition, Anderson talks about the crop markets and factors impacting prices.
“Not much on the surface if you look at the crops,” Anderson said.
Wheat prices moved down towards the end of last week and into this week, Anderson said, and have been dependent on Russia and Ukraine.
Putin is unpredictable, Anderson said, so there is a lot of uncertainty over there.
“If you look at corn, it has been trending down just a little bit,” Anderson said. “Our harvest is 18-20 percent complete."
In the news this week, Anderson said, is that Mexico announced that in the future they will not be accepting genetically modified corn as we get into 2024 and 2025.
“Then you have got Ukraine that is moving product out and they are a big corn exporter, and right now they are not having an impact on prices, but you shut that off and it could have an impact,” Anderson said.
Soybeans have been trending down the last couple of weeks, Anderson said, and Argentina has been seeing more beans than usual, and they have been selling them to China. China has been ignoring the U.S., he added, and that is one reason those prices have been going down.
“Cotton over the last month or so has moved from $1.20 down to 88 cents for a pound of cotton,” Anderson said. “I think it is that dollar value going from 98 up to 113 or so.”
Then you’ve got world cotton production that is relatively high, Anderson said, and U.S. cotton production that is low.
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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- Choice Beef was down $1.47 and Select Beef was up 57 cents on Friday 09/29/2022.
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
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 shares the story of Joey Carter, a hard-working farmer who was widely regarded as a model citizen in a rural North Carolina town. Carter is the focus of a movie coming out in October called Hog Farmer- the Trials of Joey Carter.
He was not the type of person who ever expected to find himself caught up in the middle of a federal lawsuit involving some of the nation’s most ruthless trial lawyers and one of the world’s largest food companies.
But that’s exactly what happened when Joey’s family farm became the focal point in a series of nuisance trials that attracted national and international media attention. While his neighbors leveled charges of environmental racism in hopes of winning multi-million-dollar verdicts, Joey was left wondering how this could happen to a man who has always taken pride in playing by the rules.
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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