Oklahoma's Latest Farm
And Ranch News
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Tuesday, February 7, 2023 |
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Here is your daily Oklahoma farm and ranch news update.
- Jimmy Taylor Highlights Latest Beef Checkoff Research, Promotion and Education
- Storm System Expected to bring Good Rains to portions of the State
- CattleFax Sees Tight Markets, High Prices and Strong Beef Demand for 2023
- Oklahoma Beef Cattle Numbers Drop Sharply
- REAP Program Available to Aid Small, Rural Businesses and Ag Producers in Renewable Energy Systems
- Governor Kevin Stitt Kicks Off 2023 Legislative Session with His State of the State Address
- House and Senate Leaders React to Governor Stitt's State of the State
- Giving Back to Help Grow Future Leaders through Give FFA Day
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Jimmy Taylor Highlights Latest Beef Checkoff Research, Promotion and Education |
At the 2023 Cattle Industry Convention, I caught up with the new chair of the Cattlemen’s Beef Promotion Board, Jimmy Taylor. Taylor and I talk about the big three sectors of the Beef Checkoff: Research, Promotion, and Education.
Jimmy Taylor and his wife Tracy run a commercial Angus herd near Cheyenne, Oklahoma consisting of approximately 600 females on 12,000 acres.
“The beef industry is has been so good to my family and myself,” Taylor said. “It is a way I can give back and I just want to do everything I can to help the beef industry move forward and be profitable for people.”
For the third year in a row, Daytona International Speedway announced its partnership with Beef. It’s What’s For Dinner to sponsor the 42nd season-opening race for the NASCAR Xfinity Series – The Beef. It’s What’s For Dinner.® 300. The race is scheduled to kick off the season on Saturday, February 18 at Daytona International Speedway, the day before the 65th annual DAYTONA 500.
“That gives us great exposure to NASCAR fans, which traditionally are big beef eaters,” Taylor said. “To me, it is we try to promote and bring new people in that are not familiar with beef, but it is probably easier to increase the amount of beef that a person eats rather than introduce some new person.”
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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.
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Storm System Expected to bring Good Rains to portions of the State |
State Climatologist Gary McManus says there’s a storm system headed this way that could bring a lot of rain for some of the state, but not all of the state.
"Rain starts tonight (Monday night) across the eastern half of the state or so, then continues through Wednesday off and on," McManus said. "Maybe a bit of snow here and there mixed in Tuesday night and Wednesday morning up in NW, OK. However, for the most part, NW OK stays on the lower end of the precip totals.”
McManus says this is not good news for the Panhandle, which is still five-plus months of waiting for a quarter inch of rain in a single day.
Over the past few days, we’ve seen warmer weather throughout the state, but McManus says the Spring-like Weather is coming to an end for a while.
“We get a front tonight (Monday night), then another front on Thursday," McManus said. "Other than that, fairly boring winter weather without the Arctic air. The polar jet stream has flown North for a while, it appears.”
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CattleFax Sees Tight Markets, High Prices and Strong Beef Demand for 2023 |
In this episode of Beef Buzz, I am visiting with Kevin Good and Randy Blach from CattleFax about a beef market outlook for 2023.
“First of all, supply will be substantially tighter as we move forward not only in 2023, but over the next three to four years,” said Kevin Good, CattleFax vice president of industry relations. “After four years of massive liquidation, we are finally just getting into the tighter supplies this year. Last year, we still had record beef supplies because we were liquidating so many cows and with the drought, we were pulling a lot of feeder cattle and calf supplies forward, so we dug into the pile deep enough that now you are starting 2023 with about a half a million less on feed, about three quarters a million less of them outside of feedlots to place.”
CattleFax is projecting close to a five percent drop in beef production in 2023, which Good said will translate to improve leverage for the cattle producer over wholesale and the packer will have better leverage with the tighter supplies over the retailer.
“Some of the record dollars that we see at retail will continue to start trickling back down to the cattle producer,” Good said.
In summary, Good said tighter supplies will lead to higher prices.
Average prices for 2023 for fat and slaughter cattle are estimated at $1.58 per pound on average, up $14 cwt. Yearlings are projected to be at $2.00 per pound and calves are projected to be at $2.25 per pound on average.
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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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Oklahoma Beef Cattle Numbers Drop Sharply |
Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry as part of the weekly series known as the “Cow Calf Corner” published electronically by Dr. Peel and Mark Johnson. Today, Dr. Peel talks about cattle numbers in Oklahoma.
Oklahoma has been impacted by drought more than any other state, by several measures. The January 1 inventory of all cattle and calves in Oklahoma was down 11.5 percent year over year, from a 2022 total of 5.2 million head to 4.6 million head. The decrease of 600,000 head was double the second largest all cattle decrease in Nebraska. The decrease in Oklahoma cattle inventories included decreases in the beef cow herd, replacement heifers, feeder supplies and feedlot inventories.
The Oklahoma beef cow herd decreased by 140,000 head in 2022 (largest state decrease in the country) to a January 1 total of 1.981 million head, a 6.6 percent decrease year over year and the lowest beef cow inventory since 2016. Oklahoma is still the second largest beef cow state (after Texas), but now is just fractionally larger than Missouri, which was unchanged in the last year. The liquidation in Oklahoma is not over. Drought conditions continue in Oklahoma with the latest Drought Monitor showing 94.84 percent of the state abnormally dry (D0) or worse, including 56.71 percent of the state in D3 and D4 levels of drought. In the first five weeks of 2023, the combined Oklahoma auction volume of cull cows is up 49.2 percent year over year. Hay supplies are very tight in Oklahoma, as in many other places, and some producers may face additional culling to get through the winter.
Replacement beef heifers in Oklahoma were down 2.5 percent year over year, a smaller decrease compared to the 5.8 percent decrease nationally in beef replacement heifers. Oklahoma remains the number two beef heifer state (after Texas) and ahead of South Dakota. The comparatively modest decrease in beef replacement heifers suggests that Oklahoma producers are putting the highest priority on retaining heifers over other classes of cattle despite unfavorable conditions.
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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
Oklahoma Farm Bureau works to improve the lives of all Oklahomans by supporting our state’s agriculture community. As Oklahoma’s largest general farm organization led by Oklahoma farmers and ranchers, OKFB takes grassroots values and advocates for agriculture at the state Capitol and in Washington, D.C., to ensure our way of life continues for generations to come. Farm Bureau hosts leadership events, supports our state’s agricultural youth and connects consumers with agriculture in order to build a brighter future for our state. Become an OKFB member today online at okfarmbureau.org/join. Together, we are rural Oklahoma.
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REAP Program Available to Aid Small, Rural Businesses and Ag Producers in Renewable Energy Systems |
Farm Director, KC Sheperd, is visiting with the Oklahoma Rural Development State Director, Kenneth Corn, about the Rural Energy for American Program and how it can provide funding for rural small business owners and agricultural producers with projects for renewable energy systems or to make energy efficiency improvements.
“This is a historical time that we have had this type of money to invest in rural businesses and rural ag producers across the state, and the Biden-Harris Administration has really been putting their money where their mouth is in order to try to support things that are both positive for the environment and positive for our local businesses and ag producers,” Corn said.
Corn said the Rural Energy for American Program offers those who are eligible for the program the opportunity to receive 40 percent of a project paid for with grant money from USDA Rural Development for energy efficiencies in their businesses, or on the farm with energy efficiencies or renewables.
“If you are choosing to do energy efficiencies, it is 40 percent of the project up to $500,000,” Corn said. “So, if you have a project that costs more than a million dollars, we can do 40 percent up to the $500,000.”
On renewables, Corn said 40 percent up to one million dollars can be granted.
“The key to it is, you have to make sure you are a small business in a rural community or an ag producer, and that you have an energy audit that says those things would, in fact, help you with your energy consumption and lower your cost,” Corn said.
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Governor Kevin Stitt Kicks Off 2023 Legislative Session with His State of the State Address |
Reiterating many of his past priorities, Gov. Kevin Stitt called for greater school choice options, tax rate reductions and increased business recruitment efforts during his fifth State of the State address Monday afternoon.
“Members of the Legislature, we have accumulated a $4 billion savings account, and we’re going into this session with a $1.8 billion surplus,” Stitt said. “With our fiscal discipline, economic growth, and record savings, let’s make a significant statement that Oklahoma is here to stay on the national stage. The time is now. We need to keep the momentum. Let’s cut taxes.”
The Governor mentioned two rural priorities in his speech to the state- the work being done to reign in bad actors in the marijuana grow house industry and the need to continue to build our rural broadband in the state of Oklahoma. Stitt highlighted the formation of the Oklahoma Broadband Office which aims to deliver high-speed internet access to 95% of the state by 2028.
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House and Senate Leaders React to Governor Stitt's State of the State |
Oklahoma Senate President Pro Tem Greg Treat, R-Oklahoma City, today released the following statement after Governor Kevin Stitt’s State of the State address to open the 59th Legislature:
“The governor outlined numerous priorities that will continue our state’s positive momentum,” Treat said. “His clear vision and attainable results are focused on making Oklahoma the best place possible for everyone to succeed, while improving our economy and standing in the global market. Improving public education outcomes, tax reform and work force development are all high priorities for Senate Republicans this year. We look forward to working with the governor on these important areas and more. I am optimistic about this year and believe we will have success together to benefit Oklahoma.”
House Speaker Charles McCall, R-Atoka, today released a statement following Gov. Kevin Stitt’s State of the State Address:
“In today’s State of the State speech, Gov. Stitt laid out an ambitious plan for Oklahoma. The House has been proactively addressing many of the issues Gov. Stitt identified as priorities, and we are ready to work with our colleagues in the Senate and executive branch as we craft legislation that provides benefits for all Oklahomans.
The House is proud to have led the way on education reform, and thankful that the governor has joined us in supporting Oklahoma students, teachers and parents. During previous sessions, the House has addressed important education issues such as parental choice and school funding through the successful implementation of open transfer policies, the expansion of the Opportunity Scholarship Fund and historic public school funding increases. Parents have the right to have a say in their child’s educational journey, students should have every opportunity to succeed and our teachers need the support necessary to excel in the classroom. The House will continue to make sure any education policy passed works well in all parts of our state..."
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Giving Back to Help Grow Future Leaders through Give FFA Day |
Individuals across the country can make a difference in the lives of the more than 850,000 FFA members this month by participating in Give FFA Day during National FFA Week.
For the eighth year, during National FFA Week, individuals will have an opportunity to step up and support FFA and agricultural education through Give FFA Day on Thursday, Feb. 23. Funds raised support various programs on local, state and national levels. During the 24 hours of giving, donors can donate to National FFA and the state FFA associations of their choice.
In February, we will celebrate FFA, advisors and members as part of National FFA Week, which includes giving back during Give FFA Day. For more than 90 years, the National FFA Organization has strived to make a difference in students’ lives. Donations help FFA grow the next generation of leaders. Through FFA, members can find their paths to success.
With a membership of more than 850,000, there is a need for sustained funding to provide valuable programs, events, skills training and more; through generous supporters like those on Give FFA Day, FFA members can thrive.
“Every ounce of help and support makes a huge difference in the lives of every single FFA member across the nation,” said Mary Ann Fox, an Iowa state FFA officer. “The experiences you are supporting help make members ready for the next step in their lives.”
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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 higher- Choice Beef was up $1.83 and Select Beef was up $2.11 on Monday 02/06/2023.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 8,000 head on Monday, February 6, 2023.
Prices were sharply higher.
Compared to last week: Feeder steers 6.00 - 10.00 higher with instances 14.00 higher. Feeder heifers 5.00 - 9.00 higher. Steer calves 13.00 - 20.00 higher. Heifer calves 9.00 - 14.00 higher. Demand very good. Quality average to attractive
Click below for the complete closing report.
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The Joplin Regional Stockyards had a total run of 9,124 head of cattle on Monday, February 6, 2023.
Compared to last week feeder steers under 480 lbs. traded 5.00-11.00 higher with heavier weights steady to 3.00 higher. Feeder heifers under 480 lbs. traded 10.00-14.00 higher with heavier weights 2.00-6.00 higher. Twenty six head of heifers weighing 395 lbs. traded at 228.00. Supply was heavy with very good demand.
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.
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!
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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