Oklahoma's Latest Farm
And Ranch News
|
|
Wednesday, December 21, 2022 |
|
|
|
Here is your daily Oklahoma farm and ranch news update.
- OSU Economist Derrell Peel Expects US Beef Export Strength to Continue Into 2023
- Ag Groups Cheer Climate Smart Measures Included in 2023 Omnibus
- Siberan Assault on Oklahoma Moderates- Below Zero Temps Only in Northern Counties
- 2022 Census of Agriculture Underway
- USDA's ERS Reports Rural America's Population Declining
- Purdue University Study Shows Soybean Oil for Biofuels Has Limited Impact on Overall Food Prices
- Final Sale of 2022 For Superior Livestock Features Higher Feeder Cattle Prices
- New Resources Outline Cover Crop Initiatives, Insurance Guidelines
|
OSU Economist Derrell Peel Expects US Beef Export Strength to Continue Into 2023 |
As 2022 comes to an end, Extension Livestock Market Economist Dr. Derrell Peel offers us a look at the global 2022 Beef Picture- as well as some predictions of how things may unfold in 2023.
Global beef production is forecast to decrease slightly in 2023. Beef production decreases in the U.S. and European Union will more than offset increasing beef production in Australia and modest increases in Mexico and India. Changes in beef production and consumption will impact global beef exports and imports in the coming year.
Brazil is expected to remain the largest beef exporter with beef production increasing slightly in 2023. Brazil beef exports are limited by decreased beef imports in China. Beef exports from Brazil are significantly higher than the next three exporters. Australia, after drought in recent years decreased cattle numbers and beef production, is now in rebuilding mode. Cattle prices are falling from historically high levels in Australia and beef exports are forecast to increase, helping Australia regain the number two spot.
The U.S., number two beef exporting country in 2022 with record or near-record exports, will likely see exports decrease with declining beef production, higher beef prices and a continued strong dollar. The U.S. will likely drop to fourth place, a position it has frequently occupied in recent year.
|
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2022 Tulsa City Farm Show.
Up next will be the Oklahoma City’s premier spring agricultural and ranching event with returns to the State Fair Park April 13-14-15, 2023.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2023 Oklahoma City Farm Show. To learn more about the Oklahoma City Farm Show, click here.
|
Ag Groups Cheer Climate Smart Measures Included in 2023 Omnibus |
Several Ag Groups have reacted favorably to the inclusion of the Growing Climate Solutions Act and the SUSTAINS Act within the 2023 Omnibus Bill. One of those groups was American Farm Bureau.
American Farm Bureau Federation President Zippy Duvall commented on the unveiling of the 2023 omnibus bill, which contains several pieces of legislation that will help farmers and ranchers meet sustainability goals.
“AFBF commends lawmakers for including several important pieces of legislation in the 2023 omnibus bill to support the role farmers and ranchers play in sustainability and recognize the hardships caused by natural disasters.
“The revised versions of the Growing Climate Solutions Act and the SUSTAINS Act will help farmers work with USDA on climate-smart practices for voluntary, market-driven programs. Additionally, reauthorizing the Pesticide Registration Improvement Act will ensure a framework remains in place allowing farmers to continue growing healthy crops while using fewer natural resources.
“Much needed disaster relief is also included and will provide important aid to farmers whose crops and livestock have been devastated by severe weather including drought, wildfires and hurricanes.
“Farm Bureau stands ready to continue working with both parties on the many other critical issues facing farm and ranch families.”
|
Siberan Assault on Oklahoma May Moderate- Below Zero Temps Only in Northern Counties |
The blast of cold air headed for us will be easily the coldest air of the year- but latest National Weather Service maps suggest that we will be two to four degrees warmer than was being predicted just twenty four hours ago. The graphic above is clickable back to the Mesonet and updates on expected temps.
And it appears that the plunge will begin later here on Wednesday in the Oklahoma panhandle- and the drop in the three Oklahoma panhandle counties will be swift and brutal- mid 50s are expected to be their highs today- with an overnight low plunging below zero- a drop that could easily be 60 degrees.
For the body of the state- we expect daytime highs into the mid forties- and the line of cold air from Siberia comes in after the midnight hour starts the rapid drop early Thursday morning.
The wind chills will be harsh- but the actual air temps will be below zero in the northern tier of counties by Friday morning- with pockets of below zero likely down into Woodward County in the northwest and Adair County along the Arkansas state line in the northeast.
As for those windchills- northern counties will experience windchills 20 to 25 degrees below zero Friday morning. a lot of the state will have windchills in the teens below zero before this system moves on.
Best chances for measurable precipitation continues to be in northeastern counties.
Click on our button below for our earlier story with Dr. Roz Biggs on things your cattle need to deal with this blast- plenty of forage/hay, available water and windbreaks where possible.
|
|
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
|
KIS FUTURES specializes in Futures and Options for Institutions, Commercials, Hedgers, and Individual Traders and executes trades for its clients in the following markets: Livestock, Grains, Energy, Metals, Softs, Financials, Currencies, and Stock Index Futures. For more information, please give them a call Toll Free at (800) 256-2555. Click here for their website to learn more.
And- their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.
|
|
2022 Census of Agriculture Underway |
The Department of Agriculture Last week mailed the 2022 Census of Agriculture paper questionnaires to all known agriculture producers across the nation and Puerto Rico. Producers in the states received their survey codes last month with an invitation to respond online. Any producer who has yet to respond online now has the option to complete the ag census at agcounts.usda.gov or by mail.
Producers who have already responded online do not need to respond again. The deadline for response is February 6, 2023. USDA National Agricultural Statistics Service Administrator Hubert Hamer says, “We know producers are busy, which is why NASS worked to make responding to the ag census more convenient than ever before.”
The Census of Agriculture remains the nation’s only comprehensive and impartial agriculture data for every state, county, and U.S. territory. Responding to the Census of Agriculture is required by law, and the same law requires NASS to keep all information confidential.
|
|
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.
|
Sponsor Spotlight
The Oklahoma Pork Council is producer-led organization representing the interests of all pig farmers throughout Oklahoma since 1991. Through federally collected Pork Checkoff funds, Oklahoma Pork promotes pork and pork products, funds research, educates consumers and producers and support the efforts of the Oklahoma pork industry.
We are proud of our state’s farmers and the safe, affordable pork they put on plates of Oklahomans and people around the world! Learn more about the Oklahoma Pork Council here: www.okpork.org.
|
|
|
USDA's ERS Reports Rural America's Population Declining |
In recent days- KC Sheperd visited with the Director of the Resource and Rural Economics Division (RRED) at USDA, Economics Research Service, Tom Worth, about findings from the reports ERS publishes.
“At the Economic Research Service, or ERS, we anticipate trends and identify emerging issues in the area of agriculture, food, resources and rural America,” Worth said. “We do a number of reports and data products that are available on our website to everyone.”
A popular report Worth talked about, called “Rural America at a Glance” looks at population, migration, employment, and industry in rural America.
“It provides a ‘bird’s eye view’ of the 46 million Americans who live in rural America,” Worth said. “There are several findings in this year’s report. One of them is that rural America is- the population is declining.”
Worth said that from to 2020 is the first decade where the rural population decreased. Within that decrease, he added, there is a five percent decrease in people under the age of 18 and a similar decrease in people of working age from 18 to 64.
|
Purdue University Study Shows Soybean Oil for Biofuels Has Limited Impact on Overall Food Prices |
Whether buying Christmas presents, purchasing a new car or shopping for food, everyone is feeling the pinch of inflation. Grocery prices have increased 21% (from January 2020 to August 2022), and retail fat and oil prices have increased 30% — with soybean oil a key ingredient in frying and baking, including its use in margarine, cooking oils and salad dressings. Pair its foodservice popularity with how soy oil is used for biofuel production, which has quadrupled over the past decade, and it’s no wonder soy oil is a hot topic right now. But a new study only adds to evidence that U.S.-grown soybeans are well suited for people looking to cook, fuel up or find other sustainable solutions.
The United Soybean Board partnered with Purdue University on a Food and Fuel study to evaluate whether the increased use of soybean oil in biofuels has contributed to the rising retail prices of food products for consumers.
One key element missing from this equation is that only one-fifth of the soybean is oil: the vast majority of the soybean is meal used as a high-quality protein in animal diets. This expanded crush for oil to meet biofuel demand creates increased availability for meal, driving down the price of animal protein products. This partially offsets the growth of oil and bakery prices, leaving the overall “food at home” portion of the Consumer Price Index (CPI) essentially unchanged. This can be attributed to meat prices representing a larger share of the CPI than fats and oils.
Purdue's Dr. Jayson Lusk helped lead the research effort- and you can read his comments in our story that is linked below.
|
Final Sale of 2022 For Superior Livestock Features Higher Feeder Cattle Prices |
Superior Livestock Auction hosted their final 2022 video auction live on December 15th from the Superior Livestock Auction Studio in Hudson Oaks, Texas. Cattle producers offered over 33,650 head of calves, yearlings and bred stock from 22 states for this auction. Cattle were sold on contract to deliver immediately through September 2023.
Region 3/4/5/6 Feeder Steers opened the auction on a higher trend with aggressive bidding on all weights at $4 to $7 higher. Feeder Heifers were no surprise following suit at $4 to $10 higher.
Weaned calves in Region 3/4/5/6 also ranged higher at levels $5 to $10 higher with some moving out at $20 higher.
Superior Livestock’s next offering is our Video Auction on January 5th at 8 a.m. CT live from our Superior Livestock Studio in Hudson Oaks, Texas.
The first on location sale of 2023 will be the Bellringer Sale in Oklahoma City- set for January 18-20. Superior is moving to a new location for their Oklahoma City events- and will have the Bellringer at the Embassy Suites OKC Northwest, 3233 Northwest Expressway in OKC.
|
New Resources Outline Cover Crop Initiatives, Insurance Guidelines |
With the 2022 cash crop harvest in the books, producers who planted cover crops may benefit from taking time to learn about special programs and insurance considerations in their area. To help, the Center for Rural Affairs has released a series of resources outlining cover crop initiatives, as well as guidelines for maintaining crop insurance when implementing this conservation practice.
Cover crop adoption has gained momentum, with a 50% increase in acres reported from 2012 to 2017. In addition, approximately one-third of acres planted to a cover crop received financial assistance to support implementation in 2018.
“Farmers across the Midwest are increasingly planting cover crops to control erosion and improve soil health,” said Kalee Olson, policy associate at the Center. “Financial assistance and information on how cover crops may affect crop insurance coverage are important tools for interested producers.”
|
|
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.
|
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.
|
Wholesale Boxed Beef Prices were mixed- Choice Beef was up $1.22 and Select Beef was down $4.67 on Tuesday 12/20/2022.
Click on the Button below for the latest report from USDA Market News
|
Oklahoma National Stockyards had 7,743 head on Monday- their final Stocker/Feeder sale of 2022.
Special Note: *** The Oklahoma National Stockyards will be closed for the Holidays December 26, 2022 thru January 06, 2023. The first sale back will be on Monday January 09, 2023. ***
Compared to last week: Feeder steers under 800 lbs. steady to 4.00 higher; few over 800 lbs. mostly steady. Feeder heifers steady in a light test. Steer calves 4.00-8.00 higher. Heifer calves steady to 4.00 higher. Demand good for all classes as the 2022 sale season comes to a close. Single digit temperatures and sub zero wind-chills are expected towards the end of the week.
Click below for the complete closing report.
|
The Joplin Regional Stockyards had a total run of 9,019 head for their last Feeder Auction in 2022.
Special Note: This is the last feeder sale of the year at JRS. The next feeder sale will be Monday, January 2nd, 2023. This Wednesday, December 21st will be the last slaughter/replacement sale for the year.
Compared to last week feeder steers traded 5.00-8.00 lower. Feeder heifers traded 2.00-5.00 lower. Supply was heavy with good demand.
Click on the button below for details of the trade as compiled by the USDA Market News Service.
|
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..
|
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.
|
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
|
|
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 talks with three of the country reps that live in Japan and work for US livestock producers in Japan as a part of the US Meat Export Federation team in that important export destination for US Beef and Pork.
KC talked to Takemichi Yamashoji, Director, USMEF Japan; Satoshi Kato, Marketing Director, USMEF Japan and Taz Hijikata, Director, Consumer Affairs, USMEF Japan at the recent USMEF Strategic Planning Conference held in Oklahoma City.
Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.
To hear this podcast, you can click here or tap below:
|
|
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, Oklahoma Pork Council, 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.
|
|
God Bless!
Reach Out To Us:
|
|
Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
|
|
KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
|
|
Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
|
|
|
|
|
|
|
