Oklahoma's Latest Farm
And Ranch News
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Monday, January 15, 2024
MLK Day- Ag Futures, Wall Street, Government Offices All Closed on Monday
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USDA Winter Wheat Seedings Report Analysis from OSU’s Kim Anderson |
The USDA released the Winter Wheat Seedings report which contained estimates of 2024 winter wheat planted acres. Pryor to the report, market analysts estimated 2024 hard red winter (HRW) wheat planted acres 2.4% lower (25.1 million acres (ma) vs. 25.7 ma) than was planted for the 2023 crop. Soft red winter wheat planted acres were estimated to be 4% lower (7.077 ma vs. 7.36 ma).
USDA’s January Winter Wheat Seedings Estimate was 34.4 ma which is 6% less than for the 2023 crop and 2% lower than the market’s prerelease estimate.
USDA’s HRW seedings estimate was 24 ma which was 7% less than last year and 2% below the prerelease estimate.
The SRW seedings estimate was 6.86 ma which was 7% less than for the 2023 crop and 4% less than the prerelease estimate.
The Seedings Report should be positive for wheat prices. One because the planted acres were below expectations and two, because U.S. and world wheat stocks are relatively tight.
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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.
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Sponsor Spotlight
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2023 Tulsa City Farm Show.
Up next will be the Oklahoma City’s premier spring agricultural and ranching event with returns to the State Fair Park April 4-5-6, 2024.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2024 Oklahoma City Farm Show. To learn more about the Oklahoma City Farm Show, click here.
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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.
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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:
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Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, 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.
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God Bless!
Reach Out To Us:
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Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
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KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
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