Oklahoma's Latest Farm

And Ranch News

Tuesday, January 30, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Congressman Josh Brecheen Emphasizes Need For Action on the Border, Changes to Food Stamp Program and More


  • CAB’s John Stika Sees Angus at the Heart of the Next American Cowherd Rebuild


  • 2024 Oklahoma Wheat Crop at 63% Good to Excellent as We End January


  • Plan Now to Manage 2024 Forage Costs


  • Farmers, Ranchers Now Can Make USDA Farm Loan Payments Online


  • TELL FTC: Protect Farmers’ Right to Repair



  • Oklahoma Association of Conservation Districts Gears Up for State Meeting in February

Congressman Josh Brecheen Sees Need For Action on the Border

Farm Director, KC Sheperd, had the chance to catch up with Congressman Josh Brecheen and talk about legislative highlights from his past year in office and more.


Despite headwinds, Brecheen said he is proud to be part of a group that can sit down and decide what is best for the country and the state of Oklahoma.


“It has not been easy,” Brecheen said. “It has been quite a ride the past year.”


Brecheen said that he and others on the budget committee are looking forward to putting together a budget that is solid and will balance within ten years, including sizeable cuts.


“I am on the budget committee, and I am disappointed in the final numbers that we ended up with, but we are now starting the process of looking ahead for next year,” Brecheen said.


Mayorkas has been empowered for too long.”

Click here to read more and listen to KC Sheperd talk with Congressman Josh Brecheen about legislative highlights

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. 


The newest addition to the National Family is Dakota Moss- and Livestock Risk Services.


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.

CAB’s John Stika Sees Angus at the Heart of the Next American Cowherd Rebuild

In this episode of Beef Buzz, I am visiting with the President of Certified Angus Beef, John Stika, about an outlook on CAB for 2024. Stika said it all starts with demand for the brand.


“As an industry, we probably all are very pleased with the consumer’s willingness to continue to pay for high quality products, and that is what we are seeing with Certified Angus Beef,” Stika said.


Even with inflation and more factors at play, Stika said the value consumers see within the CAB brand speaks volumes to the work that has been done in the industry.


“The consumer just continues to come forward with the desire to pay for products that bring them satisfaction,” Stika said. “As cattle producers, we are no different. We just don’t oftentimes think of ourselves as consumers.”


Today’s market is supply-driven, Stika said, as the prices seen today reflect the smaller cow herd numbers.


“It is putting dollars back into the pockets of farming and ranching families in rural America that we really depend on as an industry, and they have earned the right to prosper during this period of time, especially while they are having to pay higher prices for inputs, and so forth,” Stika said. “We need these market prices to be high.”

Click here to read more and listen to John Stika talk about an outlook for CAB in 2024

2024 Oklahoma Wheat Crop at 63% Good to Excellent as We End January

While the weekly Crop Condition reports don’t begin by USDA until the first week of March- states release periodic reports over the winter- and the latest reports for Oklahoma and Texas were dropped on Monday, January 29th.


For Oklahoma- it was a monthly summary for January– showing the 2024 winter wheat crop is in 63 percent in good to excellent condition- up from 53% good to excellent that was reported in the last weekly report of 2023 at the end of November. USDA reports that 55% of the wheat acreage in the state is being grazed which is 19 points higher than the number of one year ago.


The pasture and range ratings for the January summary showed a 31% good to excellent rating- up from 22% good to excellent for the December summary that concluded 2023 but little changed from the end of November report of 30% good to excellent that was in the final weekly report of 2023 at the end of November.

Click here for latest Crop Progress numbers from Oklahoma and Texas
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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




Plan Now to Manage 2024 Forage Costs

Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry as part of the weekly series known as the “Cow Calf Corner,” published electronically by Dr. Peel and Mark Johnson. Today, Dr. Peel talks about managing forage costs in 2024.


Cattle prices are expected to average higher in 2024 compared to 2023, which means that cow-calf producers are expecting increased returns and profitability.  However, profit maximization implies careful cost management regardless of the revenue potential.  The biggest cost component of cow-calf production is feed costs and specifically, harvested, and supplemental feeds. January may seem early to start planning grazing for the coming growing season but the ability to minimize non-grazing feed costs will depend on comprehensive grazing plans and management for the entire year. 


The economic basis for cow-calf production is growing grass and using cows to harvest the grass.  Feed costs are typically the largest component of annual cow costs in cow-calf operations.  Total feed cost includes grazing cost, harvested forage and purchased supplemental feed.  Producers can minimize annual feed costs by managing for maximum grazing; with minimal use of hay and supplemental feed to seasonally overcome lack of forage quantity and/or quality. 


Planning grazing management now for the growing season and beyond can significantly influence hay needs next winter.  Summer grazing management will set up the potential for stockpiling forage for fall and winter grazing.  For introduced forages, strategic fertilization can be used to increase forage quantity and quality beyond the growing season.  Grazing of native range can be deferred to save forage for later use.  Of course, grazing management must be planned and implemented according to the wide range of forage types as well as climate and soil conditions where cattle production occurs.  In all cases, proper stocking rates are critical to achieve grazing management objectives.  It is important to assess forage condition and production potential in order to develop realistic grazing management plans. The assessment should be completed now, i.e. prior to or at the beginning of the growing season. 

Click here to read more from Dr. Peel on managing forage costs in 2024


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.


Today's report begins our coverage from Orlando and CattleCon 2024- Ron talks to Ethan Lane of NCBA.

Listen to our Tuesday morning farm and ranch news with Ron Hays
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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.

 

Farmers, Ranchers Now Can Make USDA Farm Loan Payments Online

The U.S. Department of Agriculture (USDA) announced Monday that most farm loan borrowers will be able to make payments to their direct loans online through the Pay My Loan feature on farmers.gov in early February. Pay My Loan is part of a broader effort by USDA’s Farm Service Agency (FSA) to streamline its processes, especially for producers who may have limited time during the planting or harvest seasons to visit a local FSA office; modernize and improve customer service; provide additional customer self-service tools; and expand credit access to assist more producers.


“Farmers and ranchers have responded to some difficult challenges over the last few years and their time is a precious commodity,” said Agriculture Deputy Secretary Xochitl Torres Small. “Having the option to conduct business online is essential, and the Pay My Loan feature allows customers to take care of business seamlessly. The online payment feature is just one of many ways the Farm Service Agency is modernizing its Farm Loan Programs and enhancing the customer experience for this incredibly hardworking group.”


On average, local USDA Service Centers process more than 225,000 farm loan payments each year. Pay My Loan gives most borrowers an online repayment option and relieves them from needing to call, mail, or visit a Service Center to pay their loan installment. Farm loan payments can now be made at the borrower’s convenience, on their schedule and outside of FSA office hours.

Click here to read more about USDA's Pay My Loan feature

TELL FTC: Protect Farmers’ Right to Repair

National Farmers Union (NFU) urges the U.S. Federal Trade Commission (FTC) to write regulations that ensure farmers and ranchers can repair their own equipment. Major farm equipment manufacturers refuse to provide farmers with full access to repair tools and information, leaving them no choice but to take their broken equipment to the manufacturer’s dealer. This has led to inflated repair costs and service delays for farmers.


Right to Repair is a pillar of NFU’s Fairness for Farmers campaign to address the monopoly crisis in agriculture. Just three manufacturers control the majority of farm equipment production, sales, and repairs, and use software locks to prevent farmers and independent mechanics from completing certain repairs.

Click here to access a petition draft to submit comments to the federal registar 

Oklahoma Association of Conservation Districts Gears Up for State Meeting in February

The Oklahoma Association of Conservation Districts (OACD) is delighted to announce the upcoming State Meeting, scheduled to take place from February 25th to 27th, 2024, at the Embassy Suites located at 3233 Northwest Expressway

in Oklahoma City, OK.


This year’s state meeting has been meticulously planned, with a focus on addressing the needs and interests of our valued members. Responding to the requests for training, networking, and insights into regenerative agriculture, the event promises an enriching experience for all attendees.

Key Highlights of the State Meeting Include:


  • Expert Insights: Renowned experts from across the United States will share their knowledge on crucial topics, including creating drought-free operations, climate and justice issues, and the significance of working with soil microbes.
  • Comprehensive Training Sessions: The meeting will feature a range of informative sessions, covering planning for the future, “how to” guides for new employees and directors, watershed basics, and effective communication strategies to showcase the impactful work done by districts.
  • Networking Opportunities: Attendees can look forward to excellent networking opportunities, providing a platform to connect with local, state, and national leaders in conservation.
Click here to see more meeting details and registration information
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 $1.11, and Select Beef was down 31 cents on Monday 01/29/2024.


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

Boxed Beef Report

Oklahoma National Stockyards had 10,000 head on Monday January 29, 2024.


Compared to last week: Feeder steers and heifers 5.00-10.00 higher. Steer and heifer calves 10.00-20.00 higher. Demand extremely good for all classes with very active trade. Quality average to attractive. Cattle futures continue to move higher but took an about face, closing lower ahead of this week's Cattle Inventory report. More spring like weather is in the forecast for this week and this on the heels of good rains over many areas of the state. Rain is a good thing but many cattle in supply carrying some mud. Supply included: 100% Feeder Cattle (57% Steers, 42% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 61%.



Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 01/29/2024

The Joplin Regional Stockyards had a total run of 11,315 head for Monday January 29, 2024.


Compared to last week feeder steers sold 7.00-22.00 higher with spots up to 27.00 higher. Feeder heifers under 700 lbs. sold 14.00-20.00 higher with heavier weights steady to 3.00 higher. Supply was heavy with very good demand. A large crowd was on hand as the weather was warm and the market was hot. 15 head of steer calves weighing 343 lbs.-352 lbs. sold for 400.00. A high percentage of the offering was high quality. Supply included: 100% Feeder Cattle (59% Steers, 40% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 70%


Click on the button below for details of the trade as compiled by the USDA Market News Service.

Joplin Regional Stockyards Market from Monday 01/29/2024
OKC West in El Reno Cow and Bull Market Report from 01/29/2024- Cows and Bulls $4 to $7 Higher
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 01/29/2024
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 01/29/2024
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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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, 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