Oklahoma's Latest Farm

And Ranch News

Friday, September 1, 2023


We Celebrate Labor Day This Coming Monday- Our Email Report Returns Tuesday 9/5/23

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • NCBA’s Mary-Thomas Hart Sees Potential and Progress in EPA’s Revised WOTUS Rule


  • Oklahoma Drought Conditions Increase Significantly in this Week’s Drought Monitor


  • NAWG’s Keeff Felty Talks Priorities for 2023 Farm Bill


  • Kim Anderson Says Oklahoma Wheat Prices Could Continue to Downtrend


  • Pecan Risk Management as Fall Harvest Season Nears


  • Three Tips for Marketing Regeneratively Raised Cattle and Beef


  • Oklahoma Angus Associaton's Gathering Sale This Saturday in Perkins


  • More Stories for Your Labor Day Weekend Reading

NCBA’s Mary-Thomas Hart Sees Potential and Progress in EPA’s Revised WOTUS Rule

On this episode of Beef Buzz, I am talking with the National Cattlemen’s Beef Association Chief Counsel Mary-Thomas Hart about the latest update on the Waters of the U.S. rule.



On August 29, the Biden Administration issued their revised WOTUS rule. While many ag groups have voiced their displeasure with the revised rule, NCBA sees potential.


“Earlier this year, we got a really favorable decision from the Supreme Court in Sackett v. EPA that required EPA to take the Biden Administration’s WOTUS definition back to the drawing board,” Hart said. “We heard from EPA a couple of months ago that they were planning some ‘surgical adjustments’ to the rule, and that is exactly what we got…”


These adjustments made by the EPA, Hart said, were quite impactful. One important takeaway, Hart said, is that there is no reference to a significant nexus in the latest rule, which is a massive achievement.



“We saw the redlining of any reference to the significant nexus test,” Hart said. “That rule, that change that we saw yesterday significantly narrows the number of features that are subject to federal Clean Water Act jurisdiction, and I think it provides a lot of additional clarity for farmers, ranchers, and landowners across the country.”

Click here to read more and listen to Mary-Thomas Hart talk about EPA’s revised WOTUS rule
Sponsor Spotlight



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!

Oklahoma Drought Conditions Increase Significantly in this Week’s Drought Monitor

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


Extreme drought or worse is now at 1.97 percent, up from last week’s 1.69 percent.


Severe drought or worse is now at 19.70 percent, up significantly from last week’s 8.28 percent.

Moderate drought or worse is also up from last week, now at 35.98 percent- last week’s percentage was 28.14.


Abnormally dry or worse conditions have worsened since last week and are now at 58.27 percent, up from last week’s 50.32 percent.


According to the 6 to 10-day precipitation outlook map, the majority of the panhandle is leaning below a 40 to 50 percent chance of precipitation through September 9. The northeast part of the state, dipping down into the southeastern border, stands at a near-normal chance of precipitation through that date. The remaining parts of the state are leaning below a 33 to 40 percent chance of precipitation through that September 9 date.


To view the latest Oklahoma drought numbers, click the Oklahoma drought map above the story.


Across our region- New Mexico is another state that saw worsening drought this week- Moderate Drought going from 85 to 90%. Texas dropped from 78.8 to 75.8% Moderate Drought this week- Kansas edged up one percentage point in the Moderate Drought category from 65.7% to 66.7% while Missouri held at just over half of the state in Moderate Drought at 52.87%.

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

NAWG’s Keeff Felty Talks Priorities for 2023 Farm Bill

At this week's Oklahoma Wheat Growers Annual Meeting in Stillwater, I had the chance to talk with the vice president of the National Association of Wheat Growers, Keeff Felty, about the 2023 Farm Bill.


Keeff Felty is a fourth-generation family farmer in the Altus area. He is also very active with state commodity boards and agriculture organizations including the Oklahoma Wheat Growers Association, Cotton Incorporated Oklahoma State Support Committee and has served on various commodity committees within the American Farm Bureau Federation and the Oklahoma Farm Bureau PAC Board.


NAWG’s priorities, number one, is to protect our crop insurance and enhance it where we possibly can because that really is the cornerstone of our farm safety net,” Felty said. “Following that, we are seeking a reasonable increase in reference price for ARC (Agricultural Risk Coverage) and PLC (Price Loss Coverage), and also in the trade regards of doubling of the MAP (Market Access Program) and FMD (Foreign Market Development Program) funding.”


Felty talked about why it would be beneficial to see an increase in reference price.


“The cost of production has gotten so high on everything, as everybody knows,” Felty said. “Inflation has hit everybody and everything. Cost of inputs, cost of especially fuel and fertilizer, and equipment are the main things that go into that. It is just a relative measure of cost of production and trying to get it to more closely represent our true cost of production.”

Click here to read more and listen to Keef Felty talk about the 2023 Farm Bill
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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


Kim Anderson Says Oklahoma Wheat Prices Could Continue to Downtrend

Below is an analysis of this week's wheat markets from Oklahoma State University Extension grain market economist, Dr. Kim Anderson:


The market has knocked another 35 to 40 cents off the price of wheat. The price of wheat is $6.56 in Pond Creek, $6.11 in Altus and $6.21 in Perryton, Texas. Wheat may be forward contracted for 2024 harvest delivery for $6.52 in Pond Creek, $6.27 in Altus and $6.67 in Perryton, Texas. 


Egypt bought 4.4 million bushels of wheat from Romania (rather than Russia) for $7.10 (FOB-Free on-board vessel). The per bushel price delivered to Egypt (C&F-Cost and Freight) was $7.50. This implies that it costs about 40 cents per bushel to ship wheat from Romania (Black Sea port) to Egypt.


The cost of ocean freight from the Texas Gulf to Egypt is roughly double the ocean freight cost from the Black Sea to Egypt. This implies that for U.S. wheat to be competitive with Romanian wheat, the Texas gulf price loaded on a vessel would be $6.20 ($7.10 – $0.80). 

Click here to read the full analysis from Kim Anderson

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 for the Friday Farm and Ranch News with KC Sheperd
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Sponsor Spotlight



The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.


Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."


To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website. For more information- call 405-235-4391.


Pecan Risk Management as Fall Harvest Season Approaches

Fall is right around the corner, and for many of us that means baking goodies with pecans. Pecans are native to the Southern region of the US, particularly along the Mississippi River flood plain. In 2022, Georgia was the top producer of improved varieties of pecans, contributing almost 43% of the US value of production[1].  Native pecans are a much smaller portion of total US pecan production. Oklahoma was the top producer of native varieties of pecans, contributing 72% of the US value of production. 


Pecan producers, like other agricultural sectors, have been faced with rising input costs in the last 3 years. Pests, diseases, and predation are big challenges in pecan production, and the costs of managing those challenges are forcing producers to make hard management decisions.  Native pecan grove owners have been particularly hard hit since their groves also have lower yields as compared to improved pecan varieties. This, along with higher maintenance costs for existing trees, leads to issues for those hoping to draw a profit from their pecan harvest. Higher input costs open producers to greater risks when it comes to price and yield declines. Insurance exists to help cover essential costs should a disaster event happen.


Whether a producer is involved in managing a native pecan grove or an improved pecan orchard, the risks for each can be equally damaging to profitability. Insurance can be combined with disaster programs in many cases in extreme events. 

Click here to read about the risks that affect the health and yield of a pecan operation and more

Three Tips for Marketing Regeneratively Raised Cattle and Beef

More and more consumers want to buy beef that has been raised in a sustainable way, and they are willing to pay for it. This affects everyone in the beef industry, from the producer to the final beef supplier, whether it be a grocer or restaurant. 


Ranchers applying regenerative practices on their ranch are at an advantage to capture these emerging premiums while also ensuring their ranch is sustainable for generations to come. 


A proponent of these practices, Robert Wells, joined the Noble Research Institute as a livestock consultant in 2005. During his lifetime in the business, he has seen regenerative principles and practices offer value to producers time and time again.


He says the value is not solely seen in extra money made, but also in money saved. In either event, here are a few tips he offers for ranchers who want to maximize value in their regeneratively raised calves and finished cattle.

Click here to read more from the Noble Research Institute on Marketing Regeneratively Raised Cattle and Beef

Oklahoma Angus Associaton's Gathering Sale This Saturday in Perkins

Oklahoma Angus Association's 24th annual sale, The Gathering, will be held on Saturday, September 2 in Perkins Oklahoma at the Sadler Ranch Sale Facility.


Click here to view the sale videos


Click here to view the catalog online

Click here for more information about the sale

More Stories for Your Labor Day Weekend Reading

The Oklahoma Beef Council Invites You to Be a Part of Steak and Grape September 15th
USDA Announces Grants to Help Lower Rural Oklahoma Energy Costs
From TSCRA- Two Oklahoma men arrested and charged for equipment theft
Growth Energy: EPA Is Right to Deny SREs
Management of Bull Preputial Injuries
New Study Finds U.S. Soybean Industry Has $124 Billion Impact on the United States Economy
Start-up Fighting Cow-Burped Methane Raises US$29MM in Series B Funding, Bringing Total Investment to US$47MM
R-Calf 24th Annual Convention Highlights
Plan Now for Value-Added Calf Marketing This Fall
Nominations for NIAA Leadership Program Open September 1
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 lower- Choice Beef was down $1.32 and Select Beef was down 28 cents on Thursday 08/31/2023.


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.


NOTE- Markets that operate on Mondays will be off this coming week for the Labor Day Holiday.




Oklahoma National Stockyards Market Report from August 28, 2023
Oklahoma National Stockyards Cow and Bull Sale from Tuesday 8/29/2023
Tulsa Stockyards on Monday August 28, 2023
Joplin Regional Stockyards Market from Monday 08/28/2023
OKC West in El Reno Market Report from 08/29 and 08/30/2023
Woodward Livestock Market Sale from 08/31/2023
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 08/31/2023
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 08/13/2023
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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