Oklahoma's Latest Farm
And Ranch News
|
|
Tuesday, December 27, 2022 |
|
|
|
Here is your daily Oklahoma farm and ranch news update.
- Derrell Peel Analyzes Final Cattle on Feed Report 0f 2022
- In This Ag Perspectives Podcast- We Talk Omnibus, Farm Bill and DOJ Investigations with Frank Lucas
- Statement by Secretary Tom Vilsack on the FY 2023 Omnibus Appropriations Bill
- Angus University Holding Session on Bull Reproductive Success at Cattlemen’s Congress.
- U.S. Soybeans Have Bright Future Ahead on Domestic and Foreign Fronts
- AFBF- Risk Management Tools Must be a Farm Bill Priority
- Kara Lee with Certified Angus Beef Tells Cattlemen ‘Cut the Bull’
- Cattlemen's Congress Bits and Pieces
|
Derrell Peel Analyzes Final Cattle on Feed Report in 2022 |
Oklahoma State University Extension Livestock Market Economist Dr. Derrell Peel says that the final Cattle on Feed Report of 2022 was generally in line with what the pre report guesses were.
Perhaps the only discrepancy was a slightly higher placement number than the average per report guess. Still, the report showed fewer cattle on feed, lighter placements and stronger marketings.
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on Dec. 1, 2022. The inventory was 3% below December 1, 2021, USDA NASS reported on Friday.
Placements in feedlots during November totaled 1.93 million head, 2% below 2021. Net placements were 1.87 million head.
Marketings of fed cattle during November totaled 1.89 million head, 1% above 2021. Marketings were the highest for November since the series began in 1996.
Peel says that the December report was the third month in a row for placements less than a year ago- as well as on feed numbers under year ago as well. He says it took longer to get to this place than he had expected- but drought has finally produced cattle numbers that will stay smaller than what the market really wants for the immediate future.
|
Oklahoma AgCredit supports rural Oklahoma with reliable and consistent credit, today and tomorrow. We offer loans for land, livestock, equipment, operating costs and country homes (NMLSR #809962) to farmers, ranchers and rural businesses across 60 counties. As a cooperative, we are owned by the members we serve. Through our Patronage Program, we have returned more than $74 million to our members since 1997.
For more information on our services or to find a location near you, visit our website here.
|
In This Ag Perspectives Podcast- We Talk Omnibus, Farm Bill and More with Congressman Frank Lucas |
In our latest Ag Perspectives Podcast, I talk end of the year issues with the soon to be senior member of the Oklahoma Congressional delegation, Third District Congressman Frank Lucas.
We talk about the Omnibus package which will fund the government until the end of the current fiscal year, Lucas' efforts to express Congressional displeasure with the Endangered Species listing by the Fish and Wildlife Service of the Lesser Prairie Chicken, his efforts to be a part of the House Ag Committee, the need for enabling legislation for NOAA and the National Weather Service, the tight timeline ahead to get the 2023 Farm Bill done and his frustration with the Department of Justice in not concluding their investigation into the four major US Beef Packers which began in 2020.
Click on the button below for a chance to hear our complete conversation with Congressman Lucas.
|
Statement by Secretary Tom Vilsack on the FY 2023 Omnibus Appropriations Bill |
Agriculture Secretary Tom Vilsack released the following statement today after the U.S. Senate and U.S. House passed the fiscal year 2023 Omnibus Appropriations bill, sending to President Biden’s desk several crucial investments to advance the U.S. Department of Agriculture’s (USDA) priorities for rural America:
“As we wrap up a successful year advancing USDA’s priorities to build more, new and better markets for producers, tackle food and nutrition insecurity, and ensure wealth is created and stays in rural communities, I’m pleased that Congress has come together to pass the Omnibus bill that delivers some resources crucial to continuing our work on behalf of the American people.
“This funding package will support USDA’s operations and wide reach into every community across the nation and help make USDA more efficient, effective, and better equipped to advance racial justice, equity and opportunity for the customers we serve. With increases in agricultural research and investments in Rural Development, this Administration will continue to prioritize economic development and growth in rural America, and put producers at the heart of solutions to climate change, including through our Partnerships for Climate-Smart Commodities initiative, infrastructure, and fairer, more resilient food systems."
|
|
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
|
OKC West Livestock Market is a modern facility with improved ways of handling livestock. OKC West was designed with producers in mind, and truck drivers and buyers alike.
We are proud that 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- or click here for their website.
|
|
Angus University Holding Session on Bull Reproductive Success at Cattlemen’s Congress. |
Breeding season is an imperative time for cattlemen and women, and you need your bulls performing at their best. Angus University will host an educational session about bull reproductive success during Cattlemen’s Congress at the Oklahoma City Fairgrounds Wednesday, Jan. 4 at 9 a.m. in the Super Barn Sale Arena. This session will provide attendees with key concepts to ensuring bulls service their herd as efficiently as possible.
“With bull buying season on the horizon, making the purchase is just the first step,” said Mark McCully, American Angus Association chief executive officer. “We’re excited to provide education from an industry expert to seedstock and commercial cattlemen alike to ensure those bulls remain healthy and fertile once they enter your pastures.”
The one-hour event will feature Dr. Randall Spare, president of Ashland Veterinary Center, Inc., who will share best management practices to maintain bull fertility. Attendees will also have the opportunity to ask questions during a social session following the presentations at the Angus booth.
|
|
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
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.
|
|
|
U.S. Soybeans Have Bright Future Ahead on Domestic and Foreign Fronts |
KC Sheperd, Farm Director, is visiting with the Director of the United Soybean Board and U.S. Soybean Export Council, Lance Rezac, about innovation within the U.S. soybean industry.
Rezac said he recently traveled to Kenya with the U.S. Soybean Export Council to help promote U.S. soy on the trade mission.
“They had a ban on GMO in Kenya,” Rezac said. “Wouldn’t buy it, couldn’t let their farmers plant it, and they elected a new president, and the second day in office, he said, ‘I am a scientist, I am going with the science, and we are going to lift our GMO ban.'"
U.S. soy is working on a number of new, innovative things, Rezac said, one of those being a biodegradable plastic made out of soybean oil.
“I think that could be a really big market for soybean oil,” Rezac said. “Everybody in the country wants soybean oil to replace petroleum oil, and we could do it if we had the supply, but you know, there is such a huge demand.”
|
AFBF- Risk Management Tools Must be a Farm Bill Priority |
In a time of volatility, managing risk remains a priority for farmers and ranchers, and new analysis from the American Farm Bureau Federation examines several farm bill risk management tools included in Title I, explaining their impact and importance to farmers. The analysis is part of a Market Intel series dedicated to farm bill programs, designed to inform discussions about renewing the farm bill.
“Title I of the farm bill, known as the commodity title, has provided certainty and predictability to eligible producers by reauthorizing and improving commodity, marketing loan, sugar, dairy and disaster programs,” economist Shelby Myers explains in this analysis, which is the third Market Intel focused on Title I. This article breaks down the Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) programs, which provide risk management coverage based on price and revenue targets for farmers and ranchers growing commodities.
“Farmers and ranchers face risk every day,” said AFBF President Zippy Duvall. “It’s just part of the job. And we’re price takers, not price makers, so we can’t adjust prices to absorb losses. That’s why Congress authorized tools to help manage that risk, so the folks who keep our country fed, clothed and fueled can focus on growing their crops, taking care of their livestock, and being good stewards of the land and water we are entrusted with.”
|
Kara Lee with Certified Angus Beef Tells Cattlemen ‘Cut the Bull’ |
The Certified Angus Beef program is all about delivering a great eating experience to consumers- and part of that experience is letting them know that the Angus cattle that meet the standards for the CAB program have been raised the right way. I had the chance to talk about that with the CAB’s Director of Producer Engagement, Kara Lee. Kara says that one way to let consumers know that cattle are being raised in a humane, sustainable way is when the producers raising the cattle are BQA certified.
Kara Lee says that CAB has started a campaign to remind producers that the BQA program helps deliver a positive message to consumers. She says they are calling the program “Cut the Bull.” “We said Cut the Bull because if a consumer believes that any of our producers don’t care about their cattle- we know that’s bull.” Lee adds that a producer can get BQA certified and cut through the bull of any uncertainty consumers might have- allowing producers to get credit of taking care of their animals in the right way- which she adds that cattlemen and cattlewomen are already doing every single day.
CAB has set up a website Cut the Bull.Info that explains why they believe that producers who are willing to be BQA certified help the brand sell the consumer on the concept that CAB beef is not delicious but also is beef they can be confident has been raised the right way.
|
Cattlemen's Congress Bits and Pieces |
There will be several shows and special sales right out of the chute at Cattlemen's Congress- which starts with a couple of shows this Saturday- December 31st.
Those first shows on Saturday include at 12:00 pm, the Miniature Texas Longhorn Show in the Performance Arena. Then at 4:00 pm- it's the Texas Longhorn Non-Halter Show- also in the Performance Arena.
The Gelbvieh & Balancer cattle begin showing on January first- and also have their Cattlemen's Ball at the Heritage Place that evening- starting at 5:00 pm on Sunday evening. On Monday, January 2nd- the Gelbvieh breed continues with their Pen Show and they cap things off with their National Gelbvieh and Balancer Sale at the Super Barn Sales Arena at the OKC Fairgrounds. Then Tuesday, January 3- they have their Bull Show in the Jim Norrick arena in the morning and their female sale in the afternoon.
For the Limousin breed-the Ken Holloway Genetics on Ice Benefit Auction will be in conjunction with the National Limousin Sale on Monday, January 2, at 6:00 p.m at the Embassy Suites- Airport in Oklahoma City. They will NOT require tickets to attend this year- so all invited. Details are available in their catalog- click here.
Each of the days are busy at Cattlemen's Congress- and you can view all of the shows and sales connected with the third Congress by clicking here.
|
|
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 sharply higher- Choice Beef was up $6.74 and Select Beef was up $3.66 on Friday 12/23/2022.
Click on the Button below for the latest report from USDA Market News
|
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.
These are all the final markets held by the respective markets in 2022.
|
Here's our regular feature that is a part of the Monday Daily Email- market commentary from Bob Rodenberger, a partner with Stockman Oklahoma Livestock Marketing.
Bob is talking Fridays with our own KC Sheperd with his commentary and will be posted on our website-- OklahomaFarmReport.Com.
We will share a link to it the first of the week here in our market section of the daily email.
|
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
|
|
|
|
|
|
|
