Oklahoma's Latest Farm

And Ranch News

Friday, August 25, 2023

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • House Ag Chair Dell Kerbs Offers Insight on Legislature’s Additional Dollars for Drought


  • Oklahoma Drought Monitor Shows Drought Conditions Intensified Since Last Week


  • R.A. Brown’s Donnell Brown Sees Sustainability as an Opportunity Rather than a Nuisance


  • USDA, USTR Name New Agricultural Trade Advisors


  • Kim Anderson Says Oklahoma Wheat Sits Above Average Harvest Price For Now


  • 2023 Pro Farmer Crop Tour Concludes- Iowa and Minnesota Data Released


  • Southern Plains Perspective: Climate Change Impacting Insurance?



  • More Stories for Your Weekend Reading

Chairman Dell Kerbs Offers Insight on Legislature’s Additional Dollars for Drought

At the latest meeting of the Emergency Drought Commission, Farm Director KC Sheperd caught up with the Chairman of the Oklahoma House Ag Committee Dell Kerbs and talked about the new funds allocated to the drought commission.


After the legislature first allocated 20 million dollars to the Emergency Drought Commission, Kerbs said that when that money ran out, there was work to be done to make sure producers who did not yet receive funding had that opportunity.


“The legislative body did not want to stop there,” Kerbs said. “Out of that, there were some additional applications that were going to be unfunded from the 20 million dollars, so the legislative body added another 17 million dollars to take care of those existing applications that were already in the queue.”


Through the budgetary process, Kerbs said, the legislative body then saw the importance of those funds as drought will continue to be an issue.


“We added, in the budget, we put in 20 million dollars, additional into that,” Kerbs said. “So, over this last legislative cycle, it has been roughly around 57 million dollars that the legislative body has added to help mitigate drought issues all over the state.”

Click here to read more and listen to KC Sheperd talk with Dell Kerbs about the latest funds allocated for drought relief
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Oklahoma Drought Monitor Shows Drought Conditions Intensified Since Last Week

According to the latest Oklahoma Drought Monitor, exceptional drought remains at zero percent, unchanged for the past few weeks.

Extreme drought or worse has worsened just slightly from last week, moving from last week’s 1.60 percent to this week’s 1.69 percent.


Severe drought or worse has worsened, moving from last week’s 5.35 percent to this week’s 8.28 percent.


Moderate drought or worse has become significantly worse, moving from last week’s 12.75 percent to this week’s 28.14.


Abnormally dry or worse conditions have worsened quite a bit since last week, moving from last week’s 35.99 percent to this week’s 50.32 percent.


According to the 6 to 10-day precipitation outlook map, the left half of the panhandle is leaning below a 33 to 40 percent chance of precipitation through September 2. The rest of the state, aside from a large majority of northeastern Oklahoma, is leaning below 40 to 50 percent of precipitation. The northeastern part of the state and some surrounding counties are likely below a 50 to 60 chance of precipitation through September 2.


Click the Oklahoma drought map above to see this week's drought numbers.

Click here to read a national drought summary and see this week's charts and graphs

R.A. Brown’s Donnell Brown Sees Sustainability as an Opportunity Rather than a Nuisance

In this episode of Beef Buzz, I am back talking with Donnell Brown of the R.A. Brown Ranch. For a part three, Brown and I look at the challenges and the opportunities in the beef cattle business.


“I think the consumer is going to demand us to be more sustainable, whether that is greenhouse gasses- cattle do produce methane, there is no doubt about it, so if we can make them more efficient and we can use breeding and technologies that will help them to produce more with less, then we are helping the environment, and we are doing our part to better feed a growing global population,” Brown said. “To me, it all fits together. I look at sustainability as a great opportunity.”


Some producers may look at sustainability as pressure that outsiders are putting on the industry, but Brown said it is about doing the right thing to produce more with less.


“I believe it is our responsibility to do that as stewards of all natural resources and all creation, to do more with less,” Brown said. “That is the way I define sustainability.”


Regarding the markets, Brown said the industry is seeing prices like never before, and he expects those to stick around for an extended period of time. As ranchers might be able to see some good profits, Brown said now is the time to think about how to reinvest those profits to make the business more profitable moving forward.

Click here to listen to Donnell Brown talk about opportunities in the beef cattle business
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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


USDA, USTR Name New Agricultural Trade Advisors

U.S. Secretary of Agriculture Thomas Vilsack and U.S. Trade Representative Katherine Tai today announced the appointment of 130 new private-sector representatives to serve on seven agricultural trade advisory committees that represent the diversity of U.S. agriculture. The new group of advisors will join the 70 existing committee members whose terms have not expired.


The newly appointed committee members will serve until August 2027 and the committees will be supplemented by additional appointments over the next four years. Individuals are encouraged to apply for committee membership at any time and applications will be reviewed periodically. More information about the committees and the application process is available at www.fas.usda.gov/topics/trade-advisory-committees.

Click here to access complete rosters of the committees, including the 130 new appointees and 70 members already serving

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 Friday with KC Sheperd
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The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community, and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations. 


To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes. 


And Check out this video below that helps you learn more about the Beef Checkoff- check out the latest Drive in Five! .



Kim Anderson Says Oklahoma Wheat Sits Above Average Harvest Price For Now

This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the latest in the grain markets.


Since the middle of July, Anderson said wheat prices have dropped $1.75. Since a few weeks ago, Andreson said those prices have been between $6.70 and $7.10.


“You can forward contract 2024 harvested wheat for $6.70, and the current price is around $6.75,” Anderson said.


Argentina and Australia’s harvest will start in September and go through December, Anderson said, and both Argentina and Australia are projected to produce an average crop.


Canada’s harvest of hard spring wheat is starting up relatively soon, Anderson said, and they are projected to have an above-average crop, as is the European Union.


“Germany and France and the EU are the biggest wheat producers and exporters,” Anderson said. “They are having a wet harvest, and that has been reducing the yield and the quality of that product. Russia is projected to harvest the second-largest wheat crop ever. They came into this marketing year with above average ending stocks, and they have a tremendous amount of wheat to export.”

Click here to read more and listen to Kim Anderson, and see the lineup for this week on SUNUP

2023 Pro Farmer Crop Tour Concludes- Iowa and Minnesota Data Released

Day four of the 2023 Pro Farmer Crop Tour is now in the books- which brings the trip across the corn and soybean areas of the US to a conclusion.


Two states were surveyed on Thursday- the eastern two thirds of Iowa and parts of southern Minnesota. (The corn yield pic here is from near Walnut Grove, Minnesota- courtesy of Corey Hulke's Twitter Account)


Pro Farmer will release a full Corn and Soybean Crop estimate for the US on Friday- which will take into account their crop tour data- but goes well beyond just the areas surveyed.


The Iowa data from Wednesday was combined with Thursday to deliver the final Hawkeye state info. According to Karen Braun with Reuters- "Iowa #corn yields on #pftour23 come in a little below last year and the recent average. 182.8 is the tour’s 5th lowest of the last decade, and the west central district was hit the hardest by drought this year. Potential for #soybeans is above average, but rains are still needed."



Check Karen's graphic on Iowa below.

Meanwhile- Minnesota corn and soybean prospects seem to be significantly poorer than the 2022 crop. Again- from Karen Braun of Reuters: "Minnesota #corn yields on #pftour23 were lower than last year and the recent tour average. Numbers in the southeast district were particularly light, reflective of the dry season. Pod counts for Minnesota #soybeans were the tour’s second worst of the last decade."


Karen's graphic for Minnesota is below:

Southern Plains Perspective: Climate Change Impacting Insurance?

There is a new blog post out at the Southern Plains Perspective. Read below! The Southern Plains Perspective is authored by Clay Pope- who farms with his wife Sarah and is a contractor for the USDA Southern Plains Climate Hub in the area of outreach. 


Another week, another story about how the changing climate is impacting insurance.


Another Story hit the press this month about how the cost of natural disasters impacts the insurance industry.  It seems that companies that “reinsure” insurance policies—that is those companies that provide the financial backstop to the company that issues your home insurance—are getting more and more concerned about how major storm events are taking a bite out of their bottom lines.


When an area gets hit with a catastrophic event like a hurricane, wildfire, or tornado, reinsurance companies step in with cash (generally large amounts of cash) to cover the cost if the damage is too widespread and pricey for an insurance company to cover on their own. These companies are now raising their prices due to the losses that have continued to grow as extreme storm events become more and more common. 


In the weeks leading up to January 1, when about half of these reinsurance policies are generally renewed, it was reported that many reinsurers broke the news to the insurance companies they underwrite that their prices were going up. It seems that reinsurers have lost money over the last four or five years as they competed to offer the best terms to customers and still deal with disasters like the wildfires that devastated the Hawaiian town of Lahaina and the storms that tore apart roofs from Alabama to Massachusetts in early August. 

Click here to read the full blog post at the Southern Plains Perspective

More Stories For Your Weekend Reading

ICYMI- Listen to Our Conversation with Bob Drake About His Years of Leadership in the Cattle Industry
Corn Growers to EPA: Atrazine Critical to Thousands of Farmers, EPA’s Decisions on Product Should be Guided by Science
5 Questions to Answer Before Doubling Your Small-Ruminant Breeding Seasons
CAB Awards $81,500 in Scholarships-  Five OSU Students are Recipients
Dairy Checkoff Publishes 2022 Annual Report
Congressman Tom Cole Announces September 7 Telephone Town Hal
How Weights and Measures Regulations Protect Consumers Behind the Scenes
Coming Up- National Farm Safety and Health Week 2023, September 17-23
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.
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Wholesale Boxed Beef Prices were higher- Choice Beef was up 58 cents and Select Beef was up 32 cents on Thursday 08/24/2023.


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

Boxed Beef Report

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.


Oklahoma National Stockyards Market Report from August 21, 2023
Oklahoma National Stockyards Cow and Bull Sale from Tuesday 8/22/2023
Tulsa Stockyards on Monday August 21, 2023
Joplin Regional Stockyards Market from Monday 08/21/2023
OKC West in El Reno Market Report from 08/22 and 08/23/2023
Woodward Livestock Market Sale from 08/24/2023
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 08/24/2023
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 08/24/2023
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.


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