Oklahoma's Latest Farm
And Ranch News
Monday, January 30, 2023
Performance Ranch from Zoetis is Sponsoring Coverage from Cattle Industry Convention in New Orleans
Wheat Market Monitor with OSU’S Kim Anderson
Currently, wheat may be forward contracted in Northern Oklahoma for about $8. The 5-year average Oklahoma wheat price is $5.60.

Over the last few weeks, wheat prices have traded in 55 cent range. The KEN’23 (hard red winter wheat July futures contract) has traded between $8 and $8.55. The northern Oklahoma basis for the 2023 harvest delivered wheat has been about a minus 55 cents. Thus, wheat could have been contracted for harvest delivery between $7.45 ($8 – $0.55) and $8 ($8.55 – $0.55). Panhandle prices ($7.55 – $8.10) are 10 cents higher than Northern Oklahoma prices, and Southern Oklahoma prices ($7.00 – $7.55) are 45 cents less than Northern Oklahoma prices.

The world’s 2022/23 wheat marketing year production is estimated to be a record 28.7 billion bushels. Exporting countries with record wheat production were Russia, with 3.344 billion bushels and Australia producing 1.345 billion bushels. The 5-year average production for Russia is 2.873 billion bushels, and is 891 million bushels for Australia. Compared to last year, Russia alone is projected to increase exports by 370 million bushels. This more than offsets Ukraine’s 200-million-bushel decline in exports.

The 5-year average world wheat ending stocks is 10.533 billion bushels. 2002/23 wheat marketing year (June through May) ending stocks are projected to be 9.862 billion bushels. 2022/23 U.S. hard red winter wheat ending stocks are projected to be 274 million bushels compared to a 5-year average of 481 million. World and U.S. wheat stocks are relatively tight.

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Sponsor Spotlight

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.
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.

Oklahoma Farm Report's Ron Hays talks regenerative agriculture and ranching with Jimmy Emmons. Jimmy is a long time resident of Leedey, OK. He is the third generation on the family farm in Dewey County. He and his wife Ginger have been farming and ranching together since 1980. They have a diverse 2000 acre cropping operation growing wheat, soybeans, sesame, sunflowers, irrigated dairy alfalfa hay, canola, grain sorghum and several cover crops for seed.
Jimmy has been monitoring soil health with soil testing since 2011 utilizing cover crops to enhance soil health.

Jimmy and Ginger also have a 250 cow/calf herd and take in yearling cattle for custom grazing on the nearly 6000 acres of native range. Ginger is the primary cattle manager in the operation. The Emmons’ utilize an adaptive multi-paddock grazing system on their range and forages grown on crop ground. They use the system to keep the native grasses and soils healthy, maximize biological diversity and optimize animal health.

As Jimmy Says- Long Live the Soil!

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God Bless!
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Tim West
President/General Manager
Rural Oklahoma Networks



Mike Henderson
Director of Sales


KC Sheperd
Farm Director
Radio Oklahoma Ag Network

Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network