Oklahoma's Latest Farm

And Ranch News

Tuesday, August 1, 2023


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Howdy Neighbors!

Here is your daily Oklahoma farm and ranch news update. 

 

  • Crop Conditions in the US and Oklahoma Fall in This Week’s Crop Progress Report- Okla Cotton Down 15 Percent


  • Kenneth Corn Provides Info on Grants for Rural Oklahoma Healthcare and More


  • Coming Off Record Export Numbers Last Year, Demand for U.S. Beef Remains Solid


  • Derrell Peel: A Dearth of Beef Replacement Heifers


  • Garfield County’s Madison Nickels inducted into 4-H Hall of Fame


  • Producers Can Help Reduce Trimming at the Packer by Taking Certain Precautions


  • 2023 Oklahoma Fumigation Workshop Coming up in Stillwater



  • July Cattle Update: Inventory Still Falling, Drought Conditions Improve


Crop Conditions in the US and Oklahoma Fall in This Week’s Crop Progress Report- Cotton Down 15 Percent

U.S. corn, soybean and cotton conditions fell last week, according to USDA NASS’ weekly Crop Progress report released Monday. In the Southern Plains, overall crop conditions dropped this week compared to last. Wheat harvest is finally coming to a close in the southern plains- with Kansas at 95% complete in this week's report.


OKLAHOMA:


Corn silking reached 83 percent, up 1 point from the previous year and up 5 points from normal. Corn conditions rated 77 percent good to excellent, 16 percent fair and 7 percent poor to very poor. Last week’s conditions rated 80 percent good to excellent, 16 percent fair and 4 percent poor to very poor. 


Soybean blooming reached 55 percent, up 13 points from the previous year and up 15 points from normal. Soybeans setting pods reached 7 percent, down 3 points from the previous year. Soybean conditions rated 64 percent good to excellent, 31 percent fair and 5 percent poor to very poor. Last week’s conditions rated 77 percent good to excellent, 19 percent fair and 4 percent poor to very poor. 


Cotton setting bolls reached 55 percent, up 26 points from the previous year and up 25 points from normal. Cotton conditions rated 57 percent good to excellent, 20 percent fair, and 23 percent poor to very poor. Last week’s conditions rated 72 percent good to excellent, 23 percent fair, and 5 percent poor to very poor. 


Pasture and range conditions rated 58 percent good to excellent, 27 percent fair and 15 percent poor to very poor. Last week’s conditions rated 66 percent good to excellent, 26 percent fair and 8 percent poor to very poor. 

Click here to read crop progress summaries for the U.S., Oklahoma, Texas and Kansas- and to access this week's reports
Sponsor Spotlight



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Kenneth Corn Provides Info on Grants for Rural Oklahoma Healthcare and More

Farm Director, KC Sheperd, caught up with the Oklahoma State Director of USDA Rural Development, Kenneth Corn, and talked about grants totaling more than $4.6 million to assist 12 communities in expanding access to healthcare as part of President Biden’s Investing in America agenda.


“One of the things the president has talked to us about is making sure people have access to healthcare no matter where they live and no matter where their zip code is,” Corn said.


These investments will help regional partnerships, public bodies, nonprofits, and Tribes solve regional rural healthcare challenges. These solutions will build a stronger, more sustainable rural healthcare system for the nation’s small towns and communities.


This is the second round of grants that will total $4.6 million, Corn said, out of about $11.2 million that Oklahoma received. Corn said these funds are to help improve rural healthcare systems, including hospitals, ambulances, clinics, and more.

Click here to read more and listen to Kenneth Corn talk about USDA grants for rural development

Coming Off Record Export Numbers Last Year, Demand for U.S. Beef Remains Relatively Solid

In this episode of Beef Buzz, I am talking with the president and CEO of the United States Meat Export Federation, Dan Halstrom, about global demand for U.S. beef.


While the cutout is higher and supplies are shorter, Halstrom said the global demand for U.S. beef remains strong.


“For the most part, price has not been an issue so far, so I think that is a testament to a lot of the work that has been done over the years, and a confidence in U.S. beef,” Halstrom said.


Those year-over-year numbers are under, Halstrom said, but it is important to keep in mind that a year ago was an all-time high.


“We still are on track where we could be second or third largest year ever on exports, so overall, demand still continues to be, I would say, solid,” Halstrom said.


Looking at major customers such as Japan, Korea, and China, Halstrom said the year started off with pretty high inventories, which slowed things down, but there was an uptick in volume in April and May versus the first quarter.


Halstrom was one of several key players in the beef arena that we talked to at last week's Summer Cattle Industry Business Meetings in San Diego- our coverage powered by Farm Data Services of Stillwater.

Click here to read more and listen to Dan Halstrom talk about global demand for U.S. beef
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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
Click here for our Latest Cotton Talk- Hosted by KC Sheperd


Derrell Peel: Beef Replacement Heifers are Scarce

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 the scarcity of beef replacement heifers.


The average price of 500-pound steers in Oklahoma auctions in July was $283.68/cwt., up 48 percent over the price of $191.48/cwt. one year ago. This represents an increase in value of $461/head from $957/head to $1418/head over the same time last year. Higher calf prices are the market result of continually smaller cow herds and declining feeder cattle supplies.


The July Cattle report showed that cattle inventories are continuing to decrease in 2023. The total inventory of cattle and calves was 95.9 million head, down 6.7 percent from the recent cyclical peak in 2018, and just fractionally above the 2014 low. The July 1 beef cow herd was 29.4 million head, down 9.3 percent from the 2018 peak, and is 1.2 percent lower than the 2014 low. The 2023 July beef cow herd is the lowest in the entire data series for this report dating back to 1973. Estimated supplies of feeder cattle from this report are 34.4 million head, down 3.6 percent year over year. The 2023 calf crop is projected at 33.8 million head, down 1.9 percent year over year and down 2.5 million head from the 2018 peak. Feeder supplies will continue to shrink into 2024 at least.

Click here to read more from Derrell Peel on beef replacement heifer numbers

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.
Listen to our latest Farm and Ranch News for Tuesday with KC Sheperd
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National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation’s premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today’s producer. To learn more, click here for the website or call the Oklahoma City office at 1-800-310-0220.



Garfield County’s Madison Nickels inducted into 4-H Hall of Fame

Garfield County 4-H’er Madison Nickels believes the most important job as a leader is to inspire others. Through her 4-H project work and leadership roles in fabrics and fashions, breads, community service, and foods and nutrition, she has done just that.


The hard work and dedication Nickels devoted to her nine-year 4-H career culminated in a lifetime achievement recently when she was recognized as one of two Oklahoma 4-H Hall of Fame inductees. The honor is Oklahoma’s most prestigious 4-H award and was announced at the Masonic Charity Foundation of Oklahoma Honor Night Assembly during the 102nd State 4-H Roundup at Oklahoma State University. Nickels received a $5,000 scholarship sponsored by Farm Credit Associations of Oklahoma.


In addition, Nickels was awarded the $1,200 Rule of Law Graduating Senior Scholarship sponsored by the Rule of Law Endowment; the $3,000 NoBro Farms LLC Endowment; and the $2,000 Harold and Edith Shaw Memorial Ambassador Scholarship sponsored by the Shaw Family Endowment. She was also named a member of the Blue Award Group.


“4-H has helped me figure out my career plan,” Madison Nickels said. “It helped me recognize my passion for helping others, so I’ve decided to become a speech pathologist and help kids with their confidence.”

Click here to read more about Garfield County’s Madison Nickels

Producers Can Help Reduce Trimming at the Packer by Taking Certain Precautions

At the 2023 Annual Oklahoma Cattlemen’s Association’s Convention and Trade Show, Associate Farm Editor, Reagan Calk had the chance to visit with the Vice President of Quality Assurance at Greater Omaha Packing, Dr. Kirby Childs.


“We are U.S. inspected, and 2450 head that we will process daily needs to be inspected by the United States Department of Ag Food Safety and Inspection Service,” Childs said.


While it is critical to meet USDA inspection criteria, Childs said it is also incredibly important to meet consumer expectations.


“We want to guarantee that no pathogenic bacteria or foreign objects would be available to get into that product,” Childs said.


As the value of the animal is driven by the quality of the carcass, Childs talked about how producers can help expand on that quality.


“The amount of red meat that we can get to that scale is paramount in how much profitability that animal is worth for the producer, feedlot guy, and the packer,” Childs said. “The less we have to trim off, the more that is available to be sold as a safe and wholesome product.”

Click here to read more and listen to Dr. Kirby Childs talk about challenges at the packer

2023 Oklahoma Fumigation Workshop Coming up in Stillwater

The 2023 Oklahoma Fumigation Workshop will be held on August 17 from 8:30 a.m. to 2:30 p.m. at the OSU Greenhouse Learning Center in Stillwater. If you need CEUs for Fumigation, Category 7C, several will be offered during this workshop. To keep your 7C certification active, you need 10 CEUs by Dec. 31, 2025 if you were certified for this entire cycle (2021-2025). 


You need at least 1 CEU by Dec. 31 of this year, 2023, for the possibility of re-certifying using CEU credits, otherwise you will have to re-test at the end of the cycle.  Registration is only available online using a credit card and the deadline is August 4. You can register online by visiting this link https://secure.touchnet.com/C20271_ustores/web/store_cat.jsp?STOREID=15&CATID=402


Please contact Edmond Bonjour at 405-744-8134 or edmond.bonjour@okstate.edu for more information or to receive a brochure.

July Cattle Update: Inventory Still Falling, Drought Conditions Improve

Cattle prices have come a long way in the first half of 2023. In fact, the weighted average market price for a steer this July is 27% higher than it was in July 2022. Drought and high input costs have driven many producers to market animals that would have been held back to grow their herds, and the resulting tighter cattle supplies are pushing retail beef prices to new highs. This Market Intel dives into the current supply and demand situation and provides an outlook on the second half of the year.


Supply – July 1 Cattle Inventory


The semiannual cattle inventory report is a record of all cattle and calves, number of operations, and size group estimates categorized by class, state and the country as a whole. The report is released in January and July. The July inventory uses information from the responses of 10,000 surveyed cattle operations. The more robust January survey is based on the responses of 50,000 operations.


In the July report, USDA estimated all cattle and calves in the United States on July 1, 2023, were 95.9 million head, down 3% compared to last year’s report. This is a bigger decrease than average analyst expectations of -2.3% or 96.3 million head. This is only 200,000 greater than the 2014 inventory of 95.7 million. U.S. beef cattle were estimated at 29.4 million head, marking a 52-year low for beef cattle supplies. When inventory levels were this low in 2014, average 5-market area (Texas/Oklahoma/New Mexico; Kansas; Nebraska; Iowa/Minnesota) fed steer prices rose about 30% from July 2013 to July 2014. The July 2023 5-market average is currently $184.21/cwt, which is about 27% greater than 2022. This seems high but if we adjust for 28.88% inflation over the last decade, to be equivalent to the average price received in July 2014, the average cash price for fed steers would need to reach $203.51 per hundredweight.

Click here to read the full July Cattle Update from AFBF Economists
Let's Check The Markets!
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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 22 cents and Select Beef was up19 cents on Monday 07/31/2023.


Click on the Button below for the latest report from USDA Market News

Boxed Beef Report

Oklahoma National Stockyards hada final count of 4,253 head on Monday, July 31st.


Compared to last week: Feeder steers steady. Feeder heifers steady to 2.00 higher. Steer calves 2.00-4.00 higher. Heifer calves 3.00-6.00 higher. Demand very good for all classes. Somewhat lighter numbers as high heat continues. Much of the week will be 100 plus degrees. Quality mostly average, few attractive.


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 7/31/2023

The Joplin Regional Stockyards had a total run of 3,804 on Monday July 31, 2023.


Compared to last week feeder steers sold steady to 4.00 higher. Feeder heifers sold steady to 2.00 higher. Supply was light with very good demand.


Click on the button below for details of the trade as compiled by the USDA Market News Service.

Joplin Regional Stockyards Market from Monday 07/31/2023
OKC West in El Reno Cow and Bull Market Report for 7/31/2023- Cows $2 to $4 Higher
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futuresclick below for the latest update on the Livestock and Grain Futures Trade..
Click Here to Listen to Justin's Commentary From 07/31/2023
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.
Read  Cash Grains Report from 07/31/2023
Our Daily Market Wrapup from the Radio Oklahoma Ag Network - analyzing the Futures Markets for that trading day- as reported by KC Sheperd.
Click to Listen to Our Weekday Wrap with KC
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA Market News
Read Report
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.
Read Report
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.

Cattle Industry Leader Bob Drake sits down and talks with Ron Hays about his lifetime of service in the cattle business. Drake has served as the President of the Oklahoma Cattlemen's Association, the last President of the old National Cattlemen's Association and Vice President of the Oklahoma Farm Bureau.


He loves politics and being a change agent for the cattle producer back up at the fork of the creek. Drake had a front row seat as the Beef Checkoff was approved by cattle producers and he believes it's way past time to find a way to get a second dollar at the national level.


Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.


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