Oklahoma's Latest Farm

And Ranch News

Monday, February 5, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 


  • NCBA President Todd Wilkinson Fears Lower Estate Tax Deductions by End of 2025

  • Oklahoma FFA Celebrated at the I Believe Gala Saturday Night

  • CattleFax Forecasts Continued Producer Profitability with Herd Expansion on the Horizon

  • At CattleCon- Cowboys Set Policy

  • NCBA Executive Chef Dagan Lynn Uses Creativity to Keep Beef on the Menu

  • Total U.S. Soy Exports Add $39.8 Billion to U.S. Economy in Marketing Year 22/23

  • NRCS Oklahoma Announces Second FY2024 Application Deadline

NCBA President Todd Wilkinson Fears Lower Estate Tax Deductions by End of 2025

At the 2024 CattleCon held in Orlando, Florida, I had the chance to talk with Todd Wilkinson as he wrapped up his year as president of the National Cattlemen’s Beef Association.

Our coverage from the 2024 Cattle Industry Convention and NCBA Trade Show in Orlando is being powered by Farm Data Services of Stillwater.

One of the biggest issues the industry will be faced with soon, Wilkinson said, is the complications of the death tax.

“The urban public out there doesn’t really understand the ag part of it, because probably we are such a small portion of the population,” Wilkinson said. “What they look at, is you know, we own farmland, we own cattle, we own machinery, and they think we have all the money in the world. What they don’t understand is the nature of our business is so asset-intensive.”

By the end of 2025, Wilkinson said those deductions farmers and ranchers are accustomed to could be cut in half. Without action, Wilkinson said there will be a 40 percent tax rate for land that is transferred to family members.

Click here to read more and listen to NCBA President, Todd Wilkinson.

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


Oklahoma FFA Celebrated at the I Believe Gala Saturday Night

Most everyone that gathered at the 2024 I Believe Gala on Saturday had a story about how FFA has impacted their life(pictured above is current FFA State President Caleb Horne). Current and past FFA members and supporters of the Blue and Gold were there to celebrate FFA and to raise money to help pay for the 2024 annual convention of the Oklahoma FFA coming up in May in downtown Tulsa.

Brent Kisling is the current chairman of the Oklahoma FFA Foundation and a past State FFA President in 1991-92. I talked with Kisling towards the end of the event held in Omni in downtown Oklahoma City about the Foundation and how it has stepped up to support in a major way. “The Foundation, ten years ago, was very much a small mom and pop organization, raised maybe a couple of hundred thousand dollars to host this biggest convention in the state every year. Now, it’s a million dollar organization- it’s a grown up big boy operation and everybody who wants contact with the best young people in the state want to be involved in this organization.”

One lawmaker in attendance had to work for his supper- and it was clearly a labor of love. The Speaker Pro Tempore of the Oklahoma House of Representatives, Kyle Hilbert, was a State District Vice President of FFA in 2012-13 and he served as the Emcee for the evening.

Hilbert credits FFA for providing leadership and life skills that have helped him succeed in his efforts to serve the citizens of District 29 and the state of Oklahoma at the State Capitol since 2016.

In our story linked below- you can listen to our conversations with both Kisling and Hilbert and read more about the I Believe Gala held this past Saturday night in OKC.

Read More and Listen to Ron talk with Brent Kisling and State Rep Kyle Hilbert at the I Believe Gala

CattleFax Forecasts Continued Producer Profitability with Herd Expansion on the Horizon

Our coverage from the 2024 Cattle Industry Convention and NCBA Trade Show in Orlando is being powered by Farm Data Services of Stillwater.

The popular CattleFax Outlook Seminar, held as part of the 2024 Cattle Industry Convention and NCBA Trade Show in Orlando, Florida, shared expert market and weather analysis Friday morning.

We were there and after the session- we talked with Kevin Good with Cattlefax about the price predictions- you can listen by clicking the Blue Button below.

The smallest beef cow inventory in the last 50 years, coupled with historically strong demand, led to the highest average fed cattle and calf prices in 2023. As reduced cattle numbers and beef production continue over the next three years, leverage and profitability will continue to favor cattle producers.


Despite record prices, expansion will likely be delayed once again. Lingering drought, high input costs, limited labor availability, high interest rates, and market uncertainty all serve as headwinds against growing the cowherd.

Beef and Cattle Price Outlook highlights include:

All Fresh Retail: $7.90 a pound, up 30 cents

Composite Cutout: $300/cwt, Up $4

Fed Steer: $184/cwt, up $9

800 lb Steer: $240/cwt, up $20

550 lb Steer: $290/cwt, up $28

Utility Cows: $115/cwt, up $16

Bred Cows: $2,600/head, up $600

Click here to read more and listen to Ron and Kevin Good of CattleFax.
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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

From CattleCon- Cowboys Set Policy

During the 2024 Cattle Industry Convention in Orlando, Florida, cattle producers developed, debated and adopted policy on issues including cattle health, animal identification, property rights, environmental management, risk management programs, markets, taxes and more.

As the convention was winding down- we talked with Michael Kelsey about several of the key policies important to the Oklahoma beef cattle industry. At the top of that list is traceability.

“This has been the lightning rod issue of the last few weeks, there’s no question about that, and appropriately so. It’s very important that we get this right.” Kelsey describes the NCBA policy development process saying that NCBA has policy on Animal Disease Traceback for twenty years. He adds that one proposed policy that cattle producers had in front of them at the Committee level in Orlando went farther than what was eventually hammered out- and would have required electronic ID tags for all breeding cattle by the end of this year- and for feeder and stocker cattle under 18 months of age by 2026. That was a proposal was scaled back by delegates which is not unusual in previous debates that the organization has had for a variety of policy discussions.

Kelsey goes on to say “the final results is a really good piece of policy in our opinion- it matches OCA policy very well- it takes out all of the feeder cattle- we are not going to talk about feeder and yearling cattle right now under this policy. We are going to target on the 18 month and older cattle, sexually intact so that takes out steers from the policy…moving those cattle to electronic ID."

Click on the Blue Button to hear our complete conversation with Michael about the national policy discussion- as well as a quick look at the state issues happening this week at the State Capitol.

Read More and Listen to Ron and Michael Kelsey on the sidelines at CattleCon 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.
Listen to our Monday morning farm and ranch news 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! 


NCBA Executive Chef Dagan Lynn Uses Creativity to Keep Beef on the Menu

At the 2024 CattleCon held in Orlando, Florida, I had the chance to talk with the new executive chef of the National Cattlemen’s Beef Association, Dagan Lynn.

“My background spans from resorts to casinos to 3-Star Michelin in New York,” Lynn said. “I have dragged my family around the country a few times over the years and even out of the country in Puerto Rico.”

Lynn said beef is what drives the menu at a restaurant. In times like today where beef prices are much higher, Lynn said NCBA works to keep beef on the menu by educating consumers and restaurant staff about different ways to serve beef.

“We have a beautiful culinary center in Denver, Colorado, we have lots of great equipment, and these big groups are welcome to come learn how to cook beef and play with beef, an ideate and have some fun,” Lynn said.

At the NCBA culinary center, Lynn said chefs from restaurants have the chance to come in and learn new ways to put beef on the table. Creativity is encouraged, Lynn added, as they learn how to use different cuts and reduce costs.

“It is such a versatile product, and it is top of the menu all the time,” Lynn said.

Featured on https://www.beefitswhatsfordi

nner.com/ is a “how to” series with different recipes using beef and more resources!

Click here to listen to Dagan Lynn talk about how he keeps beef on the menu.

Total U.S. Soy Exports Add $39.8 Billion to U.S. Economy in Marketing Year 22/23

U.S. Soy complex exports (whole soybean, soybean meal and soybean oil) added $39.8 billion[1] to the U.S. economy in marketing year (MY) 22/23 on a volume of 67.6 million metric tons (MMT). The shining star: U.S. soybean meal exports broke records for both volume and value at 13.2 MMT and $6.91 billion, respectively.

“U.S. Soy exports in marketing year 22/23 were nothing short of extraordinary. A standout achievement was the record-breaking performance of soybean meal exports, reaching unprecedented volume and value levels,” said Steve Reinhard, United Soybean Board Chair and Ohio farmer. “As we strive to meet the growing international demand and address global food security challenges, sustainability remains at the forefront of our mission, ensuring that our products nourish and uphold environmental responsibility. With a commitment to innovation and sustainability, U.S. Soy continues to lead as a global force in agriculture, providing quality, reliability, and a vision for a better tomorrow.”

Click here to read more on U.S. soy exports 

NRCS Oklahoma Announces Second FY2024 Application Deadline

The Natural Resources Conservation Service (NRCS) is announcing Friday, March 1, 2024, as the second batching date for applications submitted for Fiscal Year 2024 funding through the Environmental Quality Incentives Program (EQIP).

“NRCS-Oklahoma recognized in ranking the FY24 EQIP applications from the previous batching date that funds are still available,” said State Conservationist Jeanne Hamilton. “EQIP is one of the cornerstone programs for NRCS, and we have the ability to connect more landowners with financial and technical assistance thanks to the additional funding provided through the Inflation Reduction Act (IRA).”

NRCS uses batching dates for EQIP as a tool to review, approve and fund applications. NRCS accepts applications on a continuous basis, and applications received after a batching date will automatically be considered during future funding cycles. This additional batching date will include conventional funding and /or funding through the IRA to include variances of the EQIP program.

Click here to read more about the NRCS application and deadline for Oklahoma. 
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 $1.86 and Select Beef was up 22 cents on Friday 2/2/2024.

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

Boxed Beef Report

Oklahoma National Stockyards had 11,706 head on the yards as of 9 pm on Sunday evening. The sale will start at 6:30 am. We are expecting to start with upwards of 12,000 head. 

 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

Here's our regular feature that is a part of the Monday Daily Email- market commentary from Bob Rodenberger, a partner with Stockman Oklahoma Livestock Marketing.


Bob talks Fridays with our own KC Sheperd with his commentary and is posted on our website-click here for this past Friday's story featuring Rodenberger's comments



Learn more about Stockman Oklahoma by clicking here..

Listen to KC Sheperd talk with Bob Rodenberger about the cattle markets from the past week
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 From2/2/24
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 2/2/24
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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