Oklahoma's Latest Farm

And Ranch News

Friday, January 26, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • 142 Broadband Expansion Grants are Approved- 57 Counties Targeted in First Round


  • Parts of Oklahoma See Drought Improvements While Others Remain at a Standstill


  • Genomic Data is Becoming Increasingly More Valuable for Cattle Producers


  • Pro Tem Says Senate Not Taking Action Even as Bergstrom Files Special Session Bill to Zero Out Income Tax


  • USW Analyst Shares Global Wheat Market Summary With Farmer Directors


  • Kim Anderson Discusses Price Declines in the Crop Markets and Predictions for 2024 Winter Wheat Prices


  • Western Legacy Inspires New Stuart Ranch Furniture Collection


  • More Stories for Your Weekend Reading

In a Historic First for Oklahoma, 142 Broadband Expansion Grants are Approved

More than 55,000 Oklahoma homes and businesses are one step closer to receiving high-speed internet service, thanks to votes Thursday by the Oklahoma Broadband Governing Board to authorize 142 broadband infrastructure expansion projects across 57 counties. The approved projects would provide broadband to nearly a quarter of locations without such service today.


In a first of its kind of investment in Oklahoma, the Legislature designated ARPA State and Local Fiscal Recovery Funds to create and administer the broadband investment grant program. Grant funds of $374 million will be coupled with more than $90 million in matching funds from 31 internet service providers (ISPs) that submitted approved proposals for service expansion.


Of the 41 companies that applied for the grants, 31 were approved. Those ten companies that were not selected either decided to pull back during the process or did not complete their entire application.

Following the meeting, Associate Farm Editor Reagan Calk had the chance to visit with the Executive Director of the Oklahoma Broadband Office, Michael A. Sanders.


“I don’t know if there is enough time in the day to tell you all of the real benefits from an economic development aspect for our rural communities, and quite frankly, even some of our urban communities,” Sanders said. “I have always believed that a healthy rural Oklahoma means a healthy, vibrant urban Oklahoma, and vice versa.”

Click here to read more and listen to Reagan Calk talk with Michael Sanders about broadband funds going out across Oklahoma

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- it's the January 2024 Edition of the Drive in Five.

Parts of Oklahoma See Drought Improvements While Others Remain at a Standstill

According to the latest Oklahoma drought monitor report, exceptional drought remains at zero percent, unchanged from the start of the calendar year.


Extreme drought or worse remains at zero percent, unchanged from the past four weeks.


Severe drought or worse remains at 1.67 percent, unchanged from the past two weeks.


Moderate drought or worse is now at 14.52 percent, down from last week’s 15.01 percent.


Abnormally dry conditions are now at 32.77 percent, down from last week’s 34.19 percent.

According to the 6-to-10-day precipitation outlook map, the majority of the state is leaning above a 40 to 50 percent chance of precipitation through February 3. A small portion of the northeast corner is leaning above a 33 to 40 percent chance of precipitation through that same date, and a small portion of the southwest border can expect a 50 to 60 percent chance of precipitation through February 3.


To view this week's Oklahoma drought numbers, click the image above the story.

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

Genomic Data is Becoming Increasingly More Valuable for Cattle Producers

In this episode of Beef Buzz, I am talking with Kansas State University’s Dr. Bob Weaber about genomic EPDs.


“I think one of the really important things for both seedstock and commercial producers to recognize is that we are well into the adoption and implementation phases of genomic technology in the beef space,” Weaber said.


Weaber said the more producers engaged in data collection across the range of traits evaluated, the better job genomic tools can do.


“Our current genomic technology is an association kind of marker approach, so we are not describing the exact genes that are influential in the genome of the cattle, but the markers let us identify those genomic regions kind of like an ear tag on a piece of DNA,” Weaber said. “The more information we supply to the evaluation in terms of phenotypes, across the range of performance characteristics of the animals, the better job our prediction models do.”


While a few producers may have been hesitant about using these tools early on, Weaber said the impacts of genomic tools can be extremely useful for cattle raisers.

Click here to listen to Dr. Bob Weaber about genomic EPD’s
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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




Pro Tem Says Senate Not Taking Action Even as

Bergstrom Files Special Session Bill to Zero Out Income Tax

There's good news and bad news for the ag community regrading the Special Session called by Governor Stitt on Monday- Senate Leader Greg Treat announced this week there will be nothing considered on Monday as he and other Senate leaders will wait for the regular session to start a week later before even thinking about an income tax cut. I would call that good news for ag groups concerned about that conversation.


The bad news???- It's the worse case scenario for many of the ag groups- a proposal that would totally zero out the income tax- in the last few weeks- we have seen both the Oklahoma Cattlemen and Oklahoma Farm Bureau reiterate their opposition to such cuts as they expressed concerns that it could end up with calls to raise property taxes the next time economic conditions falter.


Sen. Micheal Bergstrom, R-Adair, has filed Senate Bill 1xxx for the upcoming special session. This legislation outlines a pathway to gradually eliminate the Oklahoma state income tax while protecting state revenue. Gov. Kevin Stitt has called the state legislature into special session to cut taxes.


Bergstrom’s measure answers that call and offers a bold but reasonable pathway for easing the financial burden on hardworking Oklahomans while fostering a climate that promotes economic growth and job creation, particularly within the small business sector. The bill also sets up guidelines to protect state revenue and services.

Click here to read more about Bergstrom's bill to create a pathway to zero income tax

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



Great Plains Kubota is Oklahoma's family of full-line Kubota dealerships offering Kubota sales, service, and parts. As an Oklahoma Elite Kubota dealer, we have a large selection of Kubota Tractors, Kubota Mowers, Kubota Utility Vehicles, Kubota Construction Equipment and Kubota's line of Hay Tools. Give us a call today at 855-4KUBOTA or stop by any of our Kubota dealerships in Ada, Ardmore, Duncan, Edmond, Shawnee, Norman, Stillwater and our newest location serving western Oklahoma and beyond, Clinton. To schedule a DEMO with one of our Outside Salesmen, email gpsales@gpkubota.com Visit us and see why Great Plains Kubota is... the brand that serves! 



USW Analyst Shares Global Wheat Market Summary With Farmer Directors

U.S. Wheat Associates (USW) Market Analyst Tyllor Ledford compiles a comprehensive “World Wheat Supply and Demand” summary for three USW Board of Directors meetings each year. Using the USDA World Agricultural Supply and Demand Estimates (WASDE) report as her primary source, Ledford prepared the attached market summary for the USW Winter Board Meeting in Washington, D.C., Jan. 23 to 26, 2024.


Following is the start of Ledford’s report. Continue reading the entire report here.


World Wheat Supply and Demand

Released on January 12, the World Agricultural Supply and Demand Estimates (WASDE) had a bearish impact on the market, as the estimates quantified the sustained record export flows from the Black Sea and increased ending stock levels. The 2023/24 global wheat production is forecast at 784.9 MMT, up 1.9 MMT from December’s estimates. Meanwhile, world wheat demand remains at a record high of 796.4 MMT, outpacing world wheat production by 11.5 MMT.

Click here to read more about the wheat supply and demand outlook for 2024

Kim Anderson Discusses Price Declines in the Crop Markets and Predictions for 2024 Winter Wheat Prices

This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson discusses movement in the crop markets from the past few weeks.


“If you look at wheat, corn, and beans, they have been going in the tank during January,” Anderson said.


Going back to December, Anderson said wheat was priced around $5.75 to $6.00. During January, Anderson said wheat has dropped to about $5.45, and is back up to about $5.70.


Corn in December was around $4.70 to $4.75 and fell to $4.27 in the month of January. It has risen about 10 cents as of now, he added.


Looking at soybeans in December, Anderson said they were close to $12.50 to $12.75 and fell to $11.53 for the month of January. Soybeans have picked up to around 30 cents now, he added.


The reason for these price declines, Anderson said, is because of supply and demand. Stocks-to-use ratios are predicted to be near last year’s averages, Anderson said, but there is more wheat now than can be put on the market.

Click here to listen to Kim Anderson talk about the crop markets and to see this week's SUNUP lineup

Western Legacy Inspires New Stuart Ranch Furniture Collection

A furniture collection born from 156 years of history and tradition has come to life at Stuart Ranch, a family-owned Oklahoma legacy founded in Indian Territory in 1868.


As Oklahoma’s oldest ranch under continuous family ownership, Stuart Ranch has inspired a unique line of furnishings with the help of Arcadia-based interior design firm, Designer’s Brew and Co.


Stuart Ranch and Designer’s Brew first designed the collection for use in The Lodge at Stuart Ranch, where outdoor enthusiasts from across the region come for elite hunting experiences. The furniture has been so popular among guests that the collection is now available for purchase at designersbrew.com.


“Everything at Stuart Ranch is meaningful and built with purpose, and furnishings at The Lodge are no exception,” said Clay Forst, 6th generation Stuart Ranch family member. “They are laced with our family’s legacy and serve as a reminder of where we came from and what is driving us on. We are glad to be working with Designer’s Brew to share this piece of the Stuart Ranch legacy with others.”


While many interior designers are curators only, Designer’s Brew owner Brett McPherson is also a creator. She used Stuart Ranch’s legacy as a major influence in creating each unique piece of furniture designed exclusively for The Lodge at Stuart Ranch.

Click here to read more about the new Stuart Ranch Furniture Collection inspired by Western Legacy

More Stories for Your Weekend Reading

Oklahoma Wheat and Cattle Producer Tom Cannon is Featured in US Wheat Video Stories of Stewardship
Central Oklahoma Cattle Conference Coming up February 16th, Payne County
2024 Winter Wheat Production Prospects
Conference Set to Bring Together Oklahoma Local Agriculture Community
Angus Foundation highlights successes at January Events
Cold Weather Calves with OSU’s Rosslyn Biggs
Barn Owl Precision Agriculture Wins Ag Innovation Challenge
OSU's Mark Johnson Answers the Question- What’s a Good Bull Worth in 2024?
Enhancing Pork Consumption Through Strategic Investment
Southern Plains Perspective: El Niño is here!
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 down 82 cents and Select Beef was up 61 cents on Thursday 01/25/2024.


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.

Oklahoma National Stockyards Market Report from 01/22/2024
Tulsa Stockyards for Monday 01/22/2024
Joplin Regional Stockyards Market from Monday 01/22/2024
Oklahoma National Stockyards Cows and Bulls Sold Tuesday 01/23/2024
OKC West in El Reno Market Report from 01/23 and 01/24/2024
Woodward Livestock Market from Thursday 01/25/2024
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 01/25/2024
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 01/25/2024
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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