Oklahoma's Latest Farm

And Ranch News

Wednesday, November 8, 2023

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Texas A&M’s John Robinson says there’s a Possibility for a Larger Cotton Supply in 2024


  • Certified Angus Beef Connecting Producers and Consumers from the Ranch to the Plate


  • Noble Research Institute Conducts First Essentials of Regenerative Grazing Course


  • October 2023 Gross Receipts to the Treasury


  • Latest Purdue/CME Ag Barometer Shows Small Uptick in Farmer Attitudes



  • Congressman Jonathan Jackson Emphasizes Food Security and Funding for Farmers


  • Southern Plains Perspective: Is it Time to Re-think Farm Supports and Conservation?


  • Benefits of Proper Hay Storage with OSU’s Mark Johnson


Texas A&M’s John Robinson says there’s a Possibility for a Larger Cotton Supply in 2024

At the 2023 Agricultural Bankers Conference, Farm Director KC Sheperd had the opportunity to visit with Texas A&M Professor and Extension Specialist for Cotton Management, John Robinson. Sheperd and Robinson talked about the condition of the cotton crop.


Robinson first talked about what he has seen through Texas.


“Definitely, the sentiment for ’23 was tied to the wipeout of ’22 and whether ’23 would make up for it,” Robinson said. “In most cases, I would say it did not.”


From an analyst standpoint, Robinson said it was a challenging year because there was a lot of dryland cotton that germinated and was a standing crop but ended up being plowed.


“It was unusual that it would be up there all year and was probably counted by USDA and several of their supply and demand counts and calculations,” Robinson said. “It ended up being plowed up late in the year because there wasn’t enough yield on it.”

Click here to read more and listen to KC Sheperd talk with John Robinson about the cotton crop

Sponsor Spotlight



The Oklahoma Agriculture Mediation Program knows this is a hard time for farmers and ranchers. We want you to know we are still open, and we are still here for you. The Ag Mediation program is a free service that provides mediation to agriculture producers who may need help with ag-related disputes.


At Oklahoma Ag Mediation, we have been helping people in agriculture resolve conflicts since 1987. We know firsthand about working together to resolve conflicts, so you don’t have to go through the court systems. Let our professional mediators help you. Mediation is allowed for lease issues, farmer/neighbor disputes, family farm transitions, and more. These services are available at no cost for Oklahoma farmers and ranchers in all 77 counties. For more information, you can go to ok.gov/mediation, or give us a call at 800 248 5465.

Certified Angus Beef Connecting Producers and Consumers from the Ranch to the Plate

In this episode of Beef Buzz, I am back talking with the President of Certified Angus Beef, John Stika, about Certified Angus Beef and high-quality Angus cattle.


“Angus producers and cattlemen and women have been the ones who have stepped up to the plate in offering quality-focused genetics and producing quality carcasses,” Stika said. “Our job is to just go sell it. If we don’t have any inventory, we can’t sell it.”


The high quality of Certified Angus Beef, Stika said, all starts with those Angus members.


“Certified Angus Beef carcasses represent 22 percent of all fed cattle harvested in the U.S.,” Stika said.


In 2006, Stika said Certified Angus Beef made up less than six percent of all fed cattle harvested in the U.S.


“There has been a huge transformational shift in terms of focusing on quality in the industry,” Stika said. “I believe (that shift is) led by Angus breeders. That is the group of people that really stepped up to the plate.”

Click here to read more and listen to John Stika talk about Certified Angus Beef

Noble Research Institute Conducts First Essentials of Regenerative Grazing Course

Noble Research Institute’s first Essentials of Regenerative Grazing course, held Oct. 23-25 on the institute’s campus, attracted farmers and ranchers from across Oklahoma and Texas who want to improve their grazing management. The next Essentials of Regenerative Grazing course occurs Nov. 14-16 at the Miami Tribe of Oklahoma Council House in Miami, Oklahoma. These dates will be the last offered for 2023. Deadline to register for this event is this Friday- November 10th.


The three-day immersive learning experience combines facilitator-led classroom learning with hands-on activities in the field to equip producers with the tools and knowledge for developing an appropriate grazing management strategy for their livestock operation. Attendees also have ample opportunities to connect and problem-solve with their peers. 


Luis Hernandez, livestock manager for 3J Farms OK in Blanchard, Oklahoma, said his favorite part of the grazing course was “the hands-on: outside, working with cows, moving the cows, figuring out the paddocks.” His second favorite “was the networking and all the table discussions that we got to have through the course.” 

Click here to read more and see registration info for the next course
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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




October 2023 Gross Receipts to the Oklahoma Treasury 1% Under Year Ago

Gross Receipts for the last 12 months of $17.07 billion are $167 million, or 1 percent, below revenues from the previous year. Impacted by reduced oil and gas revenue, October marks the first time since March 2021 that receipts to the Treasury fell below the prior year’s 12-month revenue as expected.


Revenue from the state’s Gross Production Tax dropped more than $484 million over last 12 months, down by more than 25 percent for the year.


Revenues from all sources in October total $1.4 billion. As anticipated based on recent monthly trends, the October total receipts are down by $73.8 million, or 5 percent. In addition, the previous month comparison shows a decline from September to October of $72 million, or 4.9 percent.

Click here to access the full report

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 Wednesday morning farm and ranch news with KC Sheperd
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National Livestock was founded in 1932 in Oklahoma City. National’s Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures.


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. 


Most Recently- National has added Dakota Moss and Livestock Risk Services to their team.


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.



Farmer Sentiment Rises as Producers Report Improved Financial Conditions on Their Farms

There was a slight uptick in agricultural producers’ sentiment in October, as the Purdue University/CME Group Ag Economy Barometer index rose 4 points to a reading of 110. The modest improvement in farmer sentiment resulted from farmers’ improved perspective on current conditions on their farms as well as their expectations for the future. The Index of Current Conditions rose 3 points to 101 while the Index of Future Expectations rose 5 points to 114. This month’s Ag Economy Barometer survey was conducted from October 16-20, 2023.


“Farmers in this month’s survey were slightly less concerned about the risk of lower prices for crops and livestock and felt somewhat better about their farms’ financial situation than a month earlier,” said James Mintert, the barometer’s principal investigator and director of Purdue University’s Center for Commercial Agriculture.


Mintert adds “Reports of higher-than-expected corn and soybean yields in some Corn Belt locations, along with a modest rally in corn prices, likely contributed to this month’s rise in the financial conditions and the barometer indices."

More Details of the Ag Barometer are Available Here

Illinois Congressman Jonathan Jackson Emphasizes Food Security and Funding for Farmers

On Monday at Heritage Place in Oklahoma City, close to 100 farm bill stakeholders were in attendance to listen to the Chairman of the House Ag Committee, GT Thompson, and Congressman Frank Lucas talk about the farm bill. Also in attendance was Congressman Jonathan Jackson of Illinois. Farm Director KC Sheperd caught up with Jackson after the meeting.


Jackson serves on the House Committee on Agriculture and oversees and legislates on matters related to agriculture, rural development, and the nation’s food supply.


Some of the biggest issues Jackson said he hears about include high fuel prices, low commodity prices, high-interest rates, and more.


“I have a particularly keen interest in sensitivity to making sure that that small farmers and family farmers have a protected way of life,” Jackson said.


As Jackson also served on the Foreign Affairs Committee, he said he would like to see the nation participate in food diplomacy.

CLick here to read more and listen to KC Sheperd’s full conversation with Congressman Jackson

Southern Plains Perspective: Is it time to re-think farm supports and conservation?

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.  


If you follow the national ag press, you already know that the general consensus among farm policy experts seems to be that there is little hope for a new Farm Bill any time before spring, with many making the case that we won’t see any real farm bill action until after the November 2024 elections. 


This should come as no surprise and not just because of the leadership challenges in the House of Representatives.  There is also debate about the level of reference prices for crop support programs, proposed cuts for nutrition assistance and the conservation priorities set by the Inflation Reduction Act. All this adds up to a likely long, slow slog before we see any solid proposals on farm policy develop in D.C.  


One bonus, I suppose, of this political malaise is that it gives you the chance to step back and consider how U.S. farm policy is currently shaped and how it might be changed. I’ve often wondered if we could structure a farm program in a way that not just supports the bottom-line of ag producers, but also make sure that our natural resource base has the ability to keep feeding and clothing our nation as we move into a future of 10 billion people all living in a world with an ever-changing climate (complete with the more extreme weather climate change is bringing)?

Click here to read the full Southern Plains Perspective blog

Benefits of Proper Hay Storage with OSU’s Mark Johnson

Mark Johnson, Oklahoma State University Extension Beef Cattle Breeding Specialist, offers herd health advice as part of the weekly series known as the “Cow Calf Corner” published electronically by Dr. Peel, Mark Johnson, and Paul Beck. Today, Johnson talks about proper hay storage.


Proper hay storage is always important. This year, with less inventory of harvested forage and high prices, it is worth discussing some simple storage practices that can lead to less spoilage. First, one of the few upsides of drought is that very little precipitation falls on hay stored outside.


Precipitation, air temperature and humidity all lead to more spoilage in big bales. Twine wrapped bales are more subject to spoilage than net wrapped. Greater bale density leads to less spoilage. That being said, keep the following in mind when considering how your hay is stored.


Storage Site and Elevated Storage

Select a site on higher ground that is not shaded and is open to air flow to enhance drying conditions. The site should be well drained to minimize moisture absorption into the bottom of bales. Ground contact leads to more bale spoilage. When practical keep bales off the ground using low cost surplus materials like old pallets, fence posts, railroad ties and tires. Another option is a six inch layer of coarse ground rock. Anything that can be done to maximize drainage and minimize moisture within and around the storage site will be beneficial.

Click here read more from Mark Johnson about proper hay storage


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 $1.34 and Select Beef was down 88 cents on Tuesday 11/07/2023.


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

Boxed Beef Report

OKC West in El Reno  had 5,000 head of stockers and calves on Tuesday, November 7th- including two big value added features.


Compared to the last true market test on 10/24/23: Steer and heifer calves sold 10.00 to 15.00 higher. Demand was good. Rainfall and warmer than normal temperatures have wheat pasture grazing weaned calves in high demand. The annual Oklahoma Quality Beef Network and Integrity Beef Alliance sale was this week and all these cattle are flagged as Value Added in the market summary below.


For Wednesday- OKC West is expecting 2,500 yearlings- 1,000 heifers and 1,500 steers.


Click below for the complete Tuesday closing report.

OKC West in El Reno Stocker Market Report from Tuesday November 7th
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 11/07/2023
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 11/07/2023
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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