Oklahoma's Latest Farm

And Ranch News

Thursday, November 16, 2023

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • NCBA's Ethan Lane- 2018 Farm Bill One Year Extension Worth Celebrating


  • Farmers and Ranchers Have the Chance to Earn Extra Income from Carbon Credits


  • Consumers Have Not Let Up on Demand for Quality Certified Angus Beef


  • Cost of Thanksgiving Dinner Down Slightly from Record High in 2022


  • OSU Livestock Judging Team Wins NAILE- Capping Historic Season


  • County Farm Bureaus Honored for Excellence with 2023 Presidential Star Awards


  • Getting Help with Mental Health is Something to Celebrate


  • Grain Storage Outlook Improves for U.S. Elevators, but Bushels Remain Elusive


  • Dairy’s Long-Term Outlook Bright, Doud, NMPF Staff Say


  • Check Out OUR ROAN Crew in Kansas City- Ready to Talk to the Newsmakers At the 2023 NAFB Convention

NCBA's Ethan Lane- 2018 Farm Bill One Year Extension Worth Celebrating

After House Speaker Mike Johnson pushed for and got a House legislative victory in funding the government into the new year- the US Senate followed suit on Wednesday and overwhelmingly voted for the Johnson plan, which included a one year extension of the expired 2018 farm law.


The Vice President of Government Policy for the National Cattlemen’s Beef Association, Ethan Lane, told me that this is a win for agriculture- “it’s an important step in the right direction- it gives everyone that breathing room we have been talking about to get clear some of the political follies we are seeing on Capitol Hill right now- it’s really difficult to move a trillion dollar farm and nutrition package in this environment and this will give them a little more space to get their work done- a little more space for the Committees to negotiate and a better window to get a finished product.”


Lane says that many of the members who voted no on the CR are also very much anti agriculture and don’t appear to be fans of farmers and ranchers- but they are not the majority in the House and that was seen back before the August recess when a vote was held on a proposal to withhold federal dollars on checkoff programs- only 49 members voted for that failed amendment to the Agriculture and FDA spending bill.


In addition- this legislation provides certainty for market information flowing for cattle producers. Lane says the can has been kicked down the road into 2024 with this bill as it relates to Livestock Mandatory Price Reporting- that is a part of the funding for USDA that was extended to mid January. He is hopeful that agricultural interests will find the opportunity to address a full reauthorization of LMR in the future- but the appropriations route keeps it operating to the benefit of livestock producers here in the US.


Read More and Listen to Ron and Ethan Lane talk policy and politics from Kansas City 

Sponsor Spotlight


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Farmers and Ranchers Have the Chance to Earn Extra Income from Carbon Credits

Farm Director, KC Sheperd, had the chance to visit with the Chief Sustainability Officer at the National Pork Board, Jamie Burr. Sheperd talks with Burr about how ag producers can earn money from selling carbon credits.


Burr describes carbon credits as another commodity that a producer can develop and be compensated for or a practice that reduces or sequesters carbon.


One example, Burr said, would be changing from conventional tillage to reduced tillage that cuts down on the amount of carbon that escapes the soil. The carbon saved, Burr said, can generate a carbon credit.


“The largest opportunity is that there are a lot of CPGs (Consumer Packaged Goods) that have set some climate goals, and in a lot of cases, to obtain those climate goals, they are going to have to purchase a carbon credit,” Burr said.


When the time is right for a producer, Burr said, they have the opportunity to sell carbon as a commodity to help a CPG meet a climate goal in the future.

Click here to read more and isten to KC Sheperd talk with Jamie Burr about carbon credits

Consumers Have Not Let Up on Demand for Quality Certified Angus Beef

At the latest American Angus Convention in Orlando, Florida, I had the chance to catch up with Oklahoma Angus Breeder, John Pfeiffer.


Pfeiffer has previously served as the leadership chair of the Certified Angus Beef program and also served as the President of the American Angus Association. During the time period when Pfeiffer served on leadership with Certified Angus Beef, CAB hit its first billion-pound mark.


Pfeiffer said this year marks the third-highest year in terms of pounds of CAB sold at close to 1.3 billion.


Because of consumer’s desire to buy the best quality beef and pay extra for it, Pfeiffer said CAB has continued to gain popularity over the years.


“One of the interesting things is that we have had a big demand for Certified Angus Beef Prime,” Pfeiffer said. “Our biggest problem is being able to produce enough of that. Even though we have been able to produce a lot of Certified Angus Beef, we are going to have to do more genetic work and more breeding to be able to get more pounds of that Certified Angus Beef Prime because we have people who are asking for it and saying, ‘We want more.’”

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

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The Oklahoma Pork Council, a farmer-led organization, represents the interests of all Oklahoma pig farmers. From large-scale commercial operators to first-time 4-H and FFA exhibitors, we hope every Oklahoman who raises pigs has been positively impacted by our mission.

 

According to an economic impact study for the National Pork Board:

 

1.    Oklahoma’s pork industry supports more than 34,000 jobs throughout the various stages of production. That translates to one in 50 Oklahoma jobs, many in rural communities.   


2.    Oklahoma hog sales generate over $976 million in annual cash receipts. That means pork serves as Oklahoma’s second largest agriculture enterprise after cattle production. 

 

Learn more about the state’s pork industry at the Oklahoma Pork Council by  clicking here

 



Cost of Thanksgiving Dinner Down Slightly from Record High in 2022

Gathering around the table for a Thanksgiving dinner won’t take as much of a toll on your pocketbook this year compared to 2022, but the meal still reflects historically high costs. The American Farm Bureau Federation’s 38th annual survey provides a snapshot of the average cost of this year’s classic holiday feast for 10, which is $61.17 or less than $6.20 per person.


This is a 4.5% decrease from last year’s record-high average of $64.05, but a Thanksgiving meal is still 25% higher than it was in 2019, which highlights the impact high supply costs and inflation have had on food prices since before the pandemic.

The centerpiece on most Thanksgiving tables – the turkey – helped bring down the overall cost of dinner. The average price for a 16-pound turkey is $27.35. That is $1.71 per pound, down 5.6% from last year.


Farm Bureau “volunteer shoppers” checked prices Nov. 1-6, before most grocery store chains began featuring whole frozen turkeys at sharply lower prices. According to USDA Agricultural Marketing Service data, the average per-pound feature price for whole frozen turkeys declined further during the second week of November. Consumers who have not yet purchased a turkey may find additional savings in the days leading up to Thanksgiving.


“Traditionally, the turkey is the most expensive item on the Thanksgiving dinner table,” said AFBF Senior Economist Veronica Nigh. “Turkey prices have fallen thanks to a sharp reduction in cases of avian influenza, which have allowed production to increase in time for the holiday.”

Click here to read more information from the AFBF Thanksgiving dinner survey

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 Thursday morning farm and ranch news with KC Sheperd
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As the premier John Deere dealer across Oklahoma & Arkansas, P&K Equipment is proud to serve as your local John Deere hay expert. You’re invited to join the P&K team and John Deere experts for P&K’s fall customer hay clinics. P&K is offering five opportunities to dive into the world of hay equipment & production, to gain valuable knowledge, and to connect with fellow producers.


The clinics will cover an introduction to the latest precision ag & hay solutions, how to improve production efficiency & operator comfort, & much more! The clinics are taking place in Muskogee, Stillwater, Chickasha, Shawnee, & Springdale. Get the details here & RSVP for your spot today.

 

 

OSU Livestock Judging Team Wins NAILE- Capping Historic Season


The Oklahoma State University Livestock Judging team continues to break records by winning its 23rd national championship this week.


OSU was named high team overall at the 2023 North American International Livestock Exposition on Nov. 14. The team posted an overall reasons score of 1889 points, the all-time highest score ever recorded at the North American International Livestock Judging Competition in Louisville, Kentucky.


Individual Overall Results

  • Caden Church – 3rd
  • Eric Schafer – 5th
  • Jentry Squires – 6th
  • Ty Drach – 8th
  • Pace Mittelstaedt – 11th


The OSU livestock judging program won first place at 10 contests this season, including the Cattlemen’s Congress, the National Western Stock Show, the Houston Livestock Show and Rodeo, and the American Royal. OSU has earned the collegiate livestock judging national title six of the past seven years.

Read More about the OSU Livestock Judging Team's Success in Louisville and in the 2023 Season

County Farm Bureaus honored for excellence with 2023 Presidential Star Awards

Several county Farm Bureaus were recognized for their efforts to further agriculture and rural Oklahoma on Saturday, Nov. 11 during Oklahoma Farm Bureau’s 82nd annual meeting in Oklahoma City.


Each year, OKFB recognizes the county Farm Bureaus that have excelled in program areas such as membership, public policy, local affairs, service to members, Women’s Leadership Committee and Young Farmers and Ranchers with a Presidential Star Award.


The Oklahoma Farm Bureau Annual Meeting is the organization’s largest gathering of farmers and ranchers every year. At the event, members vote on grassroots policy, elect leaders and award outstanding individuals. OKFB has a presence in all 77 Oklahoma counties and serves as the voice of agriculture and the rural way of life. To learn more, visit okfarmbureau.org.

Click here to read the county recipients of the 2023 Presidential Star Awards

Getting Help with Mental Health is Something to Celebrate

At the 2023 Oklahoma Farm Bureau Annual Meeting, Farm Director KC Sheperd talked with Vivayic Leaning Analyst and Functional Leader. Dr. Tobin Redwine. Sheperd and Redwine talked about the importance of mental health in the agriculture community.


“Mental health is a growing challenge, particularly for those in youth and rural and agricultural populations,” Redwine said.

Many agricultural producers in need of mental health counseling do not seek the help they need, and in time many are impacted by these actions aside from the individual.


While it is always good and healthy to communicate with friends and family, Redwine stressed the importance of talking to a mental health professional, as they are equipped to help with things that a friend or family member may not know to discuss.


OKBF has started a program called the Healthy Minds Seminar Series, featuring webinars and in-person sessions talking about strategies and tactics to support good mental health practices.


“It is an important practice not only to just talk to somebody but to equip ourselves with strategies,” Redwine said.

Click here to read more and listen to KC Sheperd talk with Tobin Redwine about mental health

Grain Storage Outlook Improves for U.S. Elevators, but Bushels Remain Elusive

The profit outlook for U.S. grain elevators storing corn and soybeans has improved significantly for the 2023-24 marketing year with buy basis falling and carries returning to futures markets. The world market is currently awash in grains, and global supplies of corn and soybeans are abundant. The improved market conditions follow two consecutive years of inverted futures markets, which limited the ability of many elevators to earn a profit from storing grain.


The current challenge for grain elevators is simply gaining ownership of bushels. Farmers have been reluctant to sell, as corn and soybean prices have fallen sharply from their peaks earlier this year. That has left elevators with lower levels of grain ownership to take advantage of wider carries and basis levels. Basis has fallen to multi-year lows in some regions of the country. 


However, the delay of grain moving to elevators is expected to be short-lived. According to a new report from CoBank’s Knowledge Exchange, the challenge of acquiring bushels should begin to ease for elevators early in 2024.

Click here to read more about grain storage outlook from CoBank

Dairy’s Long-Term Outlook Bright, Doud, NMPF Staff Say

The future of U.S. dairy farming is bright as global growth and American capacity for innovation and production combine to create a powerhouse, the National Milk Producers Federation’s (NMPF) incoming president and CEO and the organization’s economists highlighted in presentations at NMPF’s annual meeting in Orlando, FL. 


“In terms of the world of protein, dairy is a huge part of the future,” said Gregg Doud, who will take over NMPF’s reins on Jan. 1, in remarks at the meeting, held jointly by NMPF, the National Dairy Promotion and Research Board and the United Dairy Industry Association. Doud, a former chief agricultural trade negotiator for the Office of the U.S. Trade Representative, said opportunities are there for U.S. dairy’s taking with robust outreach and appeals to consumers worldwide.  “My message to you today is very simple,” he said. “Let’s go. Let’s get it in gear.” 


Dairy producers in the past year have faced operating margins at their lowest since the federal dairy safety net was adopted in its current structure in 2014 as prices plummeted from record highs. In a panel of NMPF economists following Doud’s remarks, forecasts showed an improving price outlook next year, even as inflation continues to pose challenges for consumers.  


“We see a road to recovery in 2024,” said Will Loux, head of the joint economics unit serving NMPF and the U.S. Dairy Export Council. “Things aren’t all roses, we still have really significant headwinds on the demand side both here at home and abroad, but we look at the world with a lot of optimism still, especially in the long run.”  

Here's our Radio Oklahoma Ag Network Crew in Kansas City for the 80th Annual NAFB Convention

Reagan, Ron, KC and Maci will be talking to dozens of newsmakers today at the 2023 National Association of Farm Broadcasting Convention- you'll be hearing the fruits of our labors in the days to come on our airwaves- on our website and in this daily email.


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 mixed- Choice Beef was up 66 cents and Select Beef was down 3 cents on Wednesday 11/15/2023.


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

Boxed Beef Report

OKC West in El Reno had 10,352 head for Tuesday and Wednesday- November 14 and 15, 2023.


According to USDA Market News- "Compared to last week: Feeder steers sold 1.00-2.00 lower. Feeder heifers traded mostly steady. Demand moderate for feeders. Steer calves that were weaned and under 550 lbs sold 5.00-12.00 higher. Un weaned steers and all heifer calves traded 4.00-6.00 lower. Demand good for weaned steers, light for un weaned cattle and heifers. This week was the Red Angus annual special and these calves are tagged Value Added. Supply included: 100% Feeder Cattle (50% Steers, 46% Heifers, 5% Bulls). Feeder cattle supply over 600 lbs was 56%."


OKC West Manager Bill Barnhart adds these comments from the market's Facebook page- "Mostly calves this week at the auction. Lots of action on grazing prospects Tuesday. Many nice mostly weaned calves were offered including about 1200 high quality Red Angus. Prices were exceptional on the lighter weights. The Wednesday feeder sale also mostly consisted of big weaned calves. Very few long tailed yearlings especially with quality are available. Prices on the big weaned calves were weaker again. No fat trade has been reported so far this week after last week’s 5.00 hit. Boxed beef has continued to stall staying just below 3.00. No sales next week due to the holiday. Have a great Thanksgiving."


Click below for the complete closing report.

OKC West in El Reno Market Report from 11/14 and 11/15/2023
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 11/15/2023
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 11/15/2023
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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Radio Oklahoma Ag Network

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