Oklahoma's Latest Farm

And Ranch News

Tuesday, August 15, 2023

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Oklahoma’s Cotton Crop Drops 15 Good to Excellent Points in This Week’s Crop Progress


  • Michael Kelsey Sees Robust Debate Over Prompt Payment a Healthy Sign About State of NCBA


  • Oklahoma Ag Mediation Program Free for Ag Producers to Receive Conflict Aid


  • Winter Wheat Forage Prospects Better in 2023


  • Southern Plains Perspective- Preparing for Crazy Weather


  • Plant-Based Meat Alternatives Struggle to Maintain Early Momentum


  • August WASDE: AFBF Believes Dialed-Back Yields Still Suggest Large Corn, Soybean Crops


  • Rancher’s Thursday Lunchtime New Webinar Series Starts This Week

Oklahoma’s Cotton Crop Drops 15 Percent Good to Excellent in This Week’s Crop Progress

Another week of mostly beneficial weather boosted national crop condition ratings for both corn and soybeans for a second week in a row, USDA-NASS reported in its weekly Crop Progress report on Monday. However, the national Cotton Crop condition ratings showed another significant drop- now at 36% Good to Excellent- off 5 points from a week ago- the nation's largest cotton producing state- Texas- now has just 14% of their cotton in good to excellent condition.


In Oklahoma, parts of the state received much needed rainfall and experienced slightly cooler temperatures. Recent rains allowed some crops to progress and improve, while other crops are still showing signs of stress. Rainfall totals in Oklahoma averaged 1.56 inches.


OKLAHOMA:


Soybeans blooming reached 77 percent, up 13 points from the previous year and up 14 points from normal. Soybeans setting pods reached 32 percent, up 1 point from the previous year and up 3 points from normal. Soybean conditions rated 66 percent good to excellent, 26 percent fair, and 8 percent poor to very poor. Last week’s conditions rated 60 percent good to excellent, 29 percent fair, and 11 percent poor to very poor. 


Cotton squaring reached 96 percent, unchanged from the previous year but down 1 point from normal. Cotton setting bolls reached 70 percent, up 12 points from the previous year and up 5 points from normal. Cotton conditions rated 27 percent good to excellent, 10 percent fair and 63 percent poor to very poor. Last week’s conditions rated 42 percent good to excellent, 21 percent fair and 37 percent poor to very poor. 


Pasture and range conditions rated 48 percent good to excellent, 32 percent fair and 20 percent poor to very poor. Last week’s conditions rated 49 percent good to excellent, 34 percent fair and 17 percent poor to very poor. 

Click here to read crop progress summaries for the U.S., Oklahoma, Texas and Kansas
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Michael Kelsey Sees Robust Debate Over Prompt Payment a Healthy Sign About State of NCBA

In this episode of Beef Buzz, I am talking with the Executive Vice President of the Oklahoma Cattlemen’s Association, Michael Kelsey, about the prompt payment conversation and more at the 2023 Cattle Industry Summer Business Meeting.


Our coverage from the 2023 Cattle Industry Summer Business Meeting in San Diego is powered by Farm Data Services of Stillwater.


“There was a resolution process regarding prompt payment,” Kelsey said. “This deals with, under Packers and Stockyards Act, when a person sells cattle at a livestock market or to a packer or to an entity, there are rules regarding how soon they have to pay- prompt payment.”


Many know, Kelsey said, that when cattle are sold at the sale barn, there must be a check issued by the next business day. With new technology such as direct deposit, Kelsey said the Packers and Stockyards Act would have to be amended to utilize these different methods of payment.


“Our policy is, we want to help our members get their money as quickly and efficiently as possible,” Kelsey said.


The debate about this policy at the summer business meeting, Kelsey said, was extremely robust as there was plenty of disagreement.


“The votes were very close, and we wound up having two policies,” Kelsey said. “One was a resolution, and one was a directive that were in contradiction. The board had to deal with those, and at the end of the day, wound up sending them back to the committee.”

Click here to read more and listen to Michael Kelsey talk about prompt payment and more

Oklahoma Ag Mediation Program Free for Ag Producers to Receive Conflict Aid

Farm Director, KC Sheperd, is visiting with the operations and communications manager at the Oklahoma Ag Mediation Program, Cheyenne Sparks, about what the program has to offer to ag producers in Oklahoma.


“The Ag Mediation Program was founded and created so we could assist producers that are in any kind of conflict need,” Sparks said.


This “need” Sparks described can range from all kinds of conflicts, such as conflicts with a neighbor, the feed company, family farm transitions, and more.


“We are here to help because we understand that anytime that you are in conflict, that is money out of your operation, no matter what type of agricultural operation that is,” Sparks said. “If you are having turmoil within a feed producer or a family member, that takes away from your operation.”


The Ag Mediation Program, Sparks said, is a non-profit, non-biased mediator to help ag producers facilitate and come to resolutions in these situations.

Click here to read more and listen to KC Sheperd talk with Cheyenne Sparks about the Ag Mediation Program
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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


Winter Wheat Forage Prospects Better in 2023

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 winter wheat forage.


In Oklahoma, winter wheat is used for three different crops: wheat for grain only, wheat for forage only, and dual-purpose wheat for grazing and grain. Producers interested in grazing winter wheat for dual-purpose or forage only will be thinking about planting wheat by late August and into early September. Much of the state has better soil moisture and soil temperature conditions for early-planted winter wheat than in recent years. The exception is a few counties along the Red River in the south-central part of the state which have received relatively little rain this summer.


Wheat forage production conditions are only some of the challenges for winter wheat stocker producers. Dynamic cattle and grain market conditions mean that producers will need to carefully and frequently evaluate stocker budget prospects this fall prior to stocker purchase. Calf prices are moving counter-seasonally higher this summer suggesting that stocker purchase costs will continue to increase this fall. The Oklahoma combined auction price for 450-500 pounds Medium/Large #1 steers in the second week of August reached $302.05/cwt., the highest weekly price since June 2015 and just 6.4 percent below the record high of $322.56/cwt. in November 2014. 

Click here to read more from Derrell Peel on winter wheat forage

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.
Click here to listen to the Tuesday farm and ranch news with Ron Hays
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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.



Southern Plains Perspective: Preparing for Crazy Weather

Blogger Clay Pope offers up a look at the heat and drought conditions of July- saying "Extreme weather continues making headlines in the region. Are we giving enough thought on how to get ready for it?


He goes on to describe multiple challenges to agriculture in 2023 that have been impacted by the wild weather conditions.


Jumping to the bottom line as told by Clay- "It means that the crazy weather we have always seen on the Southern Plains has been shot full of steroids. It means that we need to take seriously the advice that we have been hearing for years now to prepare for extreme weather swings that are becoming more and more prevalent as our climate changes. We need to consider “hardening” our farming and ranching operation to extreme weather by implementing management practices that help us hold on to more water when we do get heavy rains (while also controlling soil erosion).  These same practices also allow us a cushion of additional soil moisture to better weather extended dry periods.  We also need to consider what changes we can make to better prepare our livestock  for stress from extreme heat and cold."


Click here to read all of Clay's Blog on a response to the crazy weather of 2023

Plant-Based Meat Alternatives Struggle to Maintain Early Momentum

U.S. consumers remain interested in plant-based meat alternatives, but higher prices have led many prospective return consumers to taper off their purchases. The price of plant-based meats is often several dollars a pound higher than for equivalent meat and poultry products. Beyond cost, lingering negative perceptions surrounding taste, value and versatility are also obstacles the category has yet to overcome. 


According to a new report from CoBank’s Knowledge Exchange, the market for plant-based meats has likely reached a tipping point as the initial period of exceptional sales growth appears to be over.


Plant-based meat sales peaked in 2020 when consumers had more discretionary income and were curious about broadening their food spend in the wake of pandemic-era food shortages. But fewer than half of Americans who tried the products at the time repeated their purchase, per data from consumer research firm Mintel.


“Whatever their reason for purchase, plant-based offerings appear to have fallen short of consumers’ expectations in terms of either cost or performance,” said Billy Roberts, senior food and beverage economist for CoBank. “Market participants should be able to address the cost issues with greater economies of scale and minimized supply chain expenses. However, innovation around taste, texture and mouthfeel will be essential to capture more mass-market consumers.”

Click here to read the full report on Plant-Based Meat Alternatives

August WASDE: AFBF Believes Dialed-Back Yields Still Suggest Large Corn, Soybean Crops

Wheat’s overall domestic production for the 2023/24 marketing year, beginning June 1, shifted minimally, down only 0.3% (5 million bushels) over the July WASDE report. However, the total wheat production number hides movement between winter and spring wheat. Hard red winter wheat is projected up 8 million bushels (+1.4%), hard red spring is down 28 million bushels (-6.3%), soft red winter is up 18 million bushels (+4.3%), white is down 6 million bushels (-2.4%), and durum wheat is up 3 million bushels (+5.6%).


The 2023 winter wheat crop had the third-highest abandonment rate on record, and the highest since 1933, with 30.7% of planted acres abandoned. High rates of abandonment were due to extremely dry conditions in Kansas this spring and winter. While conditions recovered somewhat toward the end of the season, in the last winter wheat condition report of the season, published on July 10, 51% of Kansas winter wheat was rated very poor to poor.


As Kansas has the most winter wheat acres of any state at 8,100 planted in 2023 (22% of national total), it dominates the national wheat numbers. Many other states are having a better year than last year when six states had 30% or more of the winter wheat crop rated very poor to poor. In 2023, only four states reached a similar level.

Click here to read more from AFBF on the August WASDE report

Rancher’s Thursday Lunchtime New Webinar Series Starts This Week

Join the Oklahoma State University Beef Cattle Extention Team of experienced ranchers and scientists to learn and share beef cattle production, management, and marketing tips!


For the next few weeks, there will be webinars talking about new guidelines for antibiotic products, internal parasite management and resistance, and more!


This week on Thursday, August 17th- the topic will be New Guidelines for Use of Antibiotic Products in Beef Production Systems with Dr. Rosslyn Biggs, Extension veterinarian and clinical assistant professor, veterinary clinical sciences, OSU


Registration is required.

Click here or registration info, dates and more
Let's Check The Markets!
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.
Hear Today's First Look

Wholesale Boxed Beef Prices were higher- Choice Beef was up $2.89 and Select Beef was up $3.22 on Monday 08/14/2023.


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

Boxed Beef Report

Oklahoma National Stockyards had 8,000 head on Monday, August 14, 2023.


Compared to last week: Feeder steers and heifers mostly steady. Steer and heifer calves steady to 2.00 higher. Demand good. Quality

average to attractive. Supply included about 1000 head for the Special Angus Sale and these sold to very good demand.. These cattle are identified in the report as Value Added. More rains fell over the weekend with moisture encompassing much of the state.


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 08/14/2023

The Joplin Regional Stockyards had a total run of 5,838 head on Monday August 14, 2023.


Compared to last week feeder steers sold steady to 3.00 higher. Feeder heifers sold steady to 2.00 higher. Supply was moderate with good

demand. There were several drafts of value added cattle, ( on a verified health program such as MFA, JRS, Purina).


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

Joplin Regional Stockyards Market from Monday 08/14/2023
OKC West in El Reno Cow and Bull Market Report from 08/14/2023- Slaughter Cows were $3 to $4 Lower
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 08/14/2023
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 08/14/2023
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.


To hear this podcast, you can click here or tap below:

Listen to Episode 86 with Ron Hays talking with one of the legends in the Beef Cattle Business- Bob Drake of Davis, Oklahoma
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