Oklahoma's Latest Farm

And Ranch News

Thursday, November 30, 2023


Superior Livestock Video Auction- 31,451 Head to Sell Starting at 8 AM This Morning

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Farmers Business Network Aids Farmers in Maximizing Profit Potential and Staying Ahead of the Farm Economy


  • Lance Zimmerman Sees Next Calf Crop to Be Aggressively Efficient


  • USDA RMA Announces Continued Improvements to Sorghum Crop Insurance


  • OKFB Bringing Ray Starling to Tulsa for an Ag Defense Fundraiser December 9th


  • Mullin it Over Column – “Achieving High-Speed Internet for Rural Oklahoma”


  • U.S. Custom Harvesters Continues to Service Farmers with Top-of-the-Line Equipment and Staff


  • Using Genetic Testing to Make Profitable Marketing Decisions

Farmers Business Network Aids Farmers in Maximizing Profit Potential and Staying Ahead of the Farm Economy

Recently, Farm Director KC Sheperd had the chance to visit with the Co-Founder of the Farmers Business Network, Charles Baron, about how FBN can help farmers increase their profits and more.


“FBN is a network of over 75,000 farms across the U.S. and Canada, and a little bit in Brazil,” Baron said. “We effectively help growers get more information, more power, and more transparency in the market by being online so they can connect with one another through our community or analytics. They can buy inputs online, get loans through FBN, do their grain marketing, get sustainability premiums…”


Baron was also able to give an outlook on the chemical market. Baron said chemical prices skyrocketed in 2021 and 2022, then came down at a fast rate in 2023.


“There has been tremendous volatility in the chemical market in the last couple of years,” Baron said. “It really started with Covid, and then the various impacts the supply chain ran into with the ports shut down, manufacturing shut down in China, the hurricanes that hit the United States, which took plants offline in 2021…”


While chemical prices were still at historical highs in 2023, Baron said producers had to learn to find balance in that area. Now, Baron said after some capacity was built into the system, as more products came into the market, prices have come down dramatically, putting some of the larger products at historic lows.

Click here to read more and listen to KC Sheperd talk with Charles Baron about the Famers Business Network

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.



Lance Zimmerman Sees Next Calf Crop to Be Aggressively Efficient

In this episode of Beef Buzz, I am visiting with senior beef and cattle market research analyst at Rabo AgriFinance, Lance Zimmerman, about beef cow numbers and what the January 2024 Cattle Inventory report may have in store.


The January of 2023, the Cattle Inventory number was 28.9 million head of beef cows. A number to be watching is the beef cow replacement number, as in 2021 that number was at 5.8 million head. In January 2023, the beef cow replacement number was 5.1 million head.


Because of how many heifers are being liquidated during this time, Zimmerman said the replacement number will be trending softer. There is an incentive to rebuild the herd with conditions improved from last year, Zimmerman added, so the replacement numbers should start to bottom out earlier than the beef cow number.


Zimmerman said there is still a long way to go before that replacement number starts trending in a positive direction.


With high calf prices, Zimmerman said he is encouraging producers to stay positive and make it through this next calf crop because drought conditions may improve significantly next year.

Click here to read more and listen to Ron and Lance Zimmerman talk about beef cow Replacement numbers

USDA RMA Announces Continued Improvements to Sorghum Crop Insurance

The United States Department of Agriculture’s Risk Management Agency (USDA RMA) released several important updates to sorghum crop insurance that will continue to expand sorghum production and empower farmers across the nation. Effective in 2024, the price election factor for sorghum will be at its highest level ever relative to corn; simplifications made to the sorghum silage policy will offer more support to sorghum farmers; and a key barrier to insuring irrigated double crop sorghum was removed in certain areas.


The sorghum price election is determined by applying a multiplier to the corn crop insurance price. For 2024, this multiplier is 100.2%, the highest level ever for sorghum and surpassing corn for the first time in history.


“As sorghum prices continue to strengthen, this development is poised to bring substantial benefits to sorghum farmers by enhancing the financial protection of their sorghum crop,” NSP CEO Tim Lust said. “The higher sorghum crop insurance price will serve as a significant incentive for growers to expand grain sorghum production, ultimately boosting the sorghum industry’s vitality and profitability.”


Recognizing the substantial growth in irrigated sorghum silage and forage acreage on the High Plains and around the U.S., RMA is simplifying the process for insuring irrigated sorghum silage. The previous requirement of having two years of history growing irrigated silage as a condition of insuring irrigated sorghum silage under the sorghum silage policy has been eliminated in New Mexico, Oklahoma and Texas.

Click here to read more about the updates to sorghum crop insurance
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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




OKFB Bringing Ray Starling into Oklahoma for Ag Defense Fundraiser Dec. 9 in Tulsa

Oklahoma Farm Bureau invites OKFB members and agriculture community friends to attend the 2023 OKFB Ag Defense Fundraiser at the Mayo Hotel in Tulsa Saturday, Dec. 9.


The event begins with a cocktail hour at 6 p.m. with a dinner beginning at 7 p.m. in the Mayo Hotel Parlor Room featuring author Ray Starling, who will discuss his book “Farmers Versus Foodies,” which looks into Modern Food Systems and the future of farming.


After dinner, Starling will be available for a VIP meet-and-great for $50 per person where attendees can visit with the author and get a signed copy of his book.

Click here to read more about the event and to RSVP

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 Farm and Ranch News with KC Sheperd
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Sponsor Spotlight



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. 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.

Mullin it Over Column – “Achieving High-Speed Internet for Rural Oklahoma”

Living in rural America should never hinder the outcome of your health and well-being.


However, for many individuals in rural Oklahoma and Tribal communities, access to reliable high-speed internet is a necessity they have gone too long without.


Reliable broadband increases access to telehealth opportunities – including mental health and behavioral health care, and improvements in overall wellness. Instead of driving miles into town for care, patients can meet with medical professionals from the comfort of their homes.

For others, connectivity will open new doors for educational tools such as online schooling, coaching, and additional employment opportunities. The sky is the limit.



Rural Americans should enjoy and utilize the same affordable, high-speed access as those living in urban areas. According to the Department of the Interior, about 99 percent of Americans in urban areas have access to reliable internet. However, less than 50 percent of rural Oklahomans and 65 percent of individuals on Tribal lands have access to this same resource.

Click here to read the full column from Markwayne Mullin

U.S. Custom Harvesters Continues to Service Farmers with Top-of-the-Line Equipment and Staff

At the U.S. Custom Harvesters booth at the 2023 NAFB Convention, Farm Director KC Sheperd talked with custom forage harvester Mark Anderson.


“We take the whole crop and chop it into pieces to make cattle feed for feedlots, dairies, and farms and ranches,” Anderson said.


Anderson talked about why utilizing custom harvesting can aid farmers in numerous ways.


“We have the equipment, the staff, and the people to be able to handle the harvest demands in a timely manner,” Andreson said.



With professional harvesters paired with the latest equipment, Anderson said the turnaround time on the harvest is generally quick. Anderson said that the U.S. Custom Harvesters serve many repeat customers each year, but they are also available to aid farmers who may not be able to harvest their crops due to health reasons, family emergencies, and more.

Click here to read more and  listen to KC Sheperd talk with Mark Anderson about U.S. Custom Harvesters

Using Genetic Testing to Make Profitable Marketing Decisions

On today’s Cow-Calf Corner, Jacee De Vries and Chris Johnson, Graduate Research Assistants at Oklahoma State University Department of Animal and Food Sciences, talk about turning a profit with genetics in consideration.


The goal of any cow/calf operation is to raise calves that generate the highest payout. Traditionally, cattle are evaluated based on physical traits that have worked for the producer in the past. With the help of genomic testing, producers can see each animal’s genetic potential as soon as it hits the ground. Genomic testing is especially useful for selecting calves for retained ownership through finishing. When selecting cattle to finish, knowing their potential for gain and quality can be very beneficial in maximizing profitability. 


Genomic tests are a tool that can be used to create strategic marketing plans by taking a small ear tissue sample to compare genome traits of a calf to others in their breed. Tests can range from $15-39, depending on the level of detail desired. These test results will provide producers with maternal, production, and carcass trait scores on a scale of 1-10. Some of the traits analyzed are milk yield, weaning weight, average daily gain (ADG), marbling score, ribeye area, and many more. Additionally, many testing companies compile performance and carcass scores into a terminal index. These indices identify calves with the highest potential for profit when sold on the grid. Values assigned to these economic traits along with maternal traits can give the producer a new perspective on their herd. 

Click here to read more about using Genetic Testing to Make Profitable Marketing Decisions
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 $1.14 and Select Beef was down $2.26 on Wednesday 11/29/2023.


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

Boxed Beef Report

OKC West in El Reno had 7,326 on Tuesday and Wednesday of this week- November 28 and 29, 2023.


According to USDA Market News- Compared to the last sale two week's ago: Feeder steers traded 5.00-8.00 higher, feeder heifers sold 3.00-8.00 lower. Demand moderate to

good, very good for few stick out offerings of high quality steers. Steer calves that were long weaned and under 550 lbs sold mostly steady,

heifer calves traded 1.00-3.00 higher under 550 lbs. Un-weaned and remainder of the calves traded 3.00-6.00 lower. Demand for light weight

calves suitable for grazing wheat remains good, fleshy un-weaned calves sold with light to moderate demand.


Bill Barnhart, Manager at OKC West- offered his commentary via the OKC West Facebook page- "Lots of confusion at the market this week. Prices were all over the board. The futures wild ride over the last few days have stunned cattle feeders. Most have zero confidence in the direction of the current market. However, we did sell some high quality feeders today at really good prices. On the other hand, stocker operators with wheat ready to graze are showing extreme confidence in a much higher feeder market this spring. Prices are excellent on nice quality calves light enough to graze. Boxed beef remains steady at 297. Packers are in the black buying cattle at 175 so far this week. Three more weeks of sales here at OKC West before the Christmas break."


Click below for the complete closing report.

OKC West in El Reno Market Report from 11/28 and 11/29/2023
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 11/29/2023
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 11/29/2023
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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Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm BureauOklahoma Ag Mediation ProgramGreat Plains KubotaStillwater Milling CompanyNational Livestock Credit CorporationOklahoma Beef CouncilOklahoma AgCredit, Union Mutual Insurance, Oklahoma Pork Council, the Oklahoma Cattlemens Association, and  KIS Futures for their support of our daily Farm News Update.


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We also appreciate our Market Links Sponsor - OKC West Livestock! 




We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.

Head to Our Website OklahomaFarmReport.Com
God Bless!
Reach Out To Us:
Tim West
President/General Manager
Rural Oklahoma Networks

405-317-6361

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Mike Henderson
Director of Sales

405-615-4922

KC Sheperd
Farm Director
Radio Oklahoma Ag Network

405-443-5717

Email KC
Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network

405.473.6144
Email Ron