Oklahoma's Latest Farm

And Ranch News

Tuesday, March 12, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • USDA Finalizes Voluntary “Product of USA” Label Rule


  • NCBA, OCA and AFR Welcome USDA's New "Product of USA" Label Claim


  • Winter Wheat Conditions See Minimal Changes in the Southern Plains Since Last Week


  • Slaughter Cattle and Ground Beef Market Soars


  • Courtenay DeHoff Advocates for Agriculture While Empowering Woman


  • NACD Calls to Increase Funding for Conservation Priorities and Pass Funding Bills on Time


  • Congressman Frank Lucas Anticipates More Attempts at Regulation from SEC After Recent Win


  • OYE- Getting Ready...

USDA Finalizes Voluntary “Product of USA” Label Rule

One year ago, at the 2023 NFU Comvention- the USDA unveiled their proposed rule to rework how "product of USA" could be used at the retail level on meat packages. Fast forward to this week in Scottsdale, Arizona and the 2024 NFU National Convention- and USDA Secretary Tom Vilsack announced the USDA’s final “Product of USA” rule which will the voluntary “Product of USA” or “Made in the USA” label claim to be used on meat, poultry and egg products only when they are derived from animals born, raised, slaughtered and processed in the United States. USDA is giving the industry an extended period to ramp this up- shooting for an implementation date of January 1, 2026.


USDA’s final “Product of USA” rule is supported by petitions, thousands of comments from stakeholders, and data from a nationwide consumer survey.


Under the final rule, the “Product of USA” or “Made in the USA” label claim will continue to be voluntary. It will also remain eligible for generic label approval, meaning it would not need to be pre-approved by USDA’s Food Safety and Inspection Service (FSIS) before it can be used on regulated product, but would require the establishment to maintain documentation on file to support the claim.

Click here to read more about the USDA's final "Product of USA" label claim and more. 

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NCBA, OCA and AFR Welcome USDA's Voluntary "Product of USA" Label

The picture above is from our archives dating back to 2013 when mandatory Country of Origin labeling was in effect. Trade sanctions and tariffs forced Congress to repeal COOL at that time.


Several groups reacted to the USDA announcement on Monday to move forward with a voluntary labeling plan to make any Product of USA label claim more accurate:

NCBA Executive Director of Government Affairs Kent Bacus says “NCBA has been committed to finding solutions to this problem ever since a producer-led NCBA working group raised the alarm, years ago, that imported beef could be mislabeled as a Product of the USA incorrectly at the end of the supply chain. We appreciate USDA’s effort to address this loophole. During the implementation period, NCBA’s focus will remain on ensuring that these changes result in the opportunity for producer premiums while remaining trade compliant.”


On Monday afternoon, Oklahoma Cattlemen’s Association Executive Vice President Michael Kelsey provided his reaction to the voluntary labeling plan:


Secretary Vilsack’s announcement of a final rule defining how the ‘Product of US’ label can be used is welcome news. It makes sense that a volunteer label should have clear definition in order to know when it can or cannot be used. OCA looks forward to studying the final rule and making comment to that end.”


The President of AFR- Scott Blubaugh- was on hand in Arizona, hearing firsthand the announcement from Secretary Vilsack- "We welcome and applaud the new voluntary USDA rule that will finally curb misuse of “Product of the USA” labeling. As an Oklahoma rancher, I believe I produce some of the best beef in the world. I know ranchers across the U.S. feel the same. We deserve a fair and transparent retail marketplace when competing with foreign-grown meat products. Likewise, consumers deserve to know where their food comes from; they want to know where their food comes from. It’s a win for all.”



RCalf's Bill Bullard also welcomed the announcement- but circled back to that group's demand for mandatory COOL to be reinstated- click here for his comments.

Winter Wheat Conditions See Minimal Changes in the Southern Plains Since Last Week

According to the latest Oklahoma Crop Progress and Condition Report released on March 11, 2024, winter wheat jointing reached 7 percent, down 2 points from the previous year and up one point from the five-year average. Conditions rated 65 percent good to excellent, 28 percent fair and 7 percent poor to very poor. Last week’s conditions rated 65 percent good to excellent, 27 percent fair and 8 percent poor to very poor. 


In Kansas:

Winter wheat conditions rated 53 percent good to excellent, 34 percent fair, and 13 percent poor to very poor. Last week’s conditions rated the same.


In Texas:

Winter wheat headed reached 10 percent, down 10 percentage points from the previous year and down 5 points from the five-year average. Winter wheat conditions rated 44 percent good to excellent, 30 percent fair, and 26 percent poor to very poor. Last week’s conditions rated 43 percent good to excellent, 33 percent fair, and 24 percent poor to very poor.

Click here to read more about winter wheat conditions across the southern plains and more.
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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

The latest news from the Oklahoma State Capitol is available daily on the Radio Oklahoma News Network.


Click on the blue button to hear News Director Ken Johnson's report.

Click here for the latest report from the State Capitol on RON




Slaughter Cattle and Ground Beef Market Soars

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.” Today, Dr. Peel talks about slaughter cattle and ground beef prices.


Slaughter cow prices continue to move higher with declining cow inventories and reduced cow slaughter. Boning cow prices in Oklahoma auctions averaged $118.54/cwt. (average dressing) for the week ending March 8, 2024 (Figure 1). Slaughter cow prices for the week ranged from $126.87/cwt. for high dressing breaking cows to $99.13/cwt. for low dressing lean cows.     

Slaughter cow and wholesale ground beef prices are expected to move higher in the coming months. Net cow culling (beef and dairy) decreased to 17.2 percent in 2023 from the cyclical peak of 17.8 percent in 2022. However, during the last herd expansion, net cow culling decreased to a low of 13.3 percent in 2015. Without herd rebuilding, cow slaughter will decrease in 2024 simply because cow inventories are smaller; if herd rebuilding begins in earnest in 2024, cow slaughter will decrease more sharply.  

Click here to read more on Dr. Derrell Peel's analysis of the beef cattle industry.

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 Tuesday morning farm and ranch news with KC Sheperd
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Courtenay DeHoff Advocates for Agriculture While Empowering Woman to Reach New Levels of Success

Oklahoma Farm Reporter, Maci Carter, recently had the chance to talk with the founder of the global brand movement, Fancy Lady Cowgirl, Courtenay DeHoff about celebrating women from all walks of life and teaching them how to build courageous mindsets and pursue impossible results in order to live legendary.


“What was interesting was that when I was being the TV host, I was hiding the cowgirl side of me because it didn’t fit in,” DeHoff said. “A girl in a cowboy hat did not make sense on network television and they didn’t want it to make sense. It took me ten years to figure it out, but I was missing my ag background.”


Starting out as a hashtag, DeHoff said that her personal brand, Fancy Lady Cowgirl, blossomed into a community of women around the world who embody the cowgirl spirit in many different ways.


“It is women like me who grew up in it, left it, and now live in a big city; they are doctors, they are astronauts, they are entrepreneurs, they are writers, they are artists, and then it is also women who were not born into it and have stepped into it,” DeHoff said. “At the end of the day, Fancy Lady Cowgirl represents that being a cowgirl is a state of mind. It is not a job title. It is how you live your life and the values.”


You can find Courteney DeHoff on her website, https://www.courtenaydehoff.com/ or on Instagram and Facebook!

Click here to read more and listen to Courtenay DeHoff share her story as Fancy Lady Cowgirl and celebrating women in agriculture.

NACD Calls to Increase Funding for Conservation Priorities and Pass Funding Bills on Time

On Saturday, President Biden signed Fiscal Year (FY) 2024 appropriations legislation into law that provides funding for several federal agencies, including the U.S. Department of Agriculture, the U.S. Environmental Protection Agency, and the U.S. Department of the Interior. NACD appreciates that the enactment of final federal spending legislation prevents a government shutdown and ends temporary funding measures but is disappointed that it reduces funding for the Natural Resources Conservation Service (NRCS), the U.S. Forest Service (USFS), and several programs and accounts that are critical to conservation. 


“NACD appreciates that Congress has ended the cycle of passing temporary spending measures to narrowly avoid government shutdowns, but we must increase funding for conservation priorities and pass appropriations bills in a more timely manner,” said NACD President Kim LaFleur. While NACD acknowledges the difficult budget environment, increasing funding for NRCS Conservation Operations is critical to supporting Conservation Technical Assistance and effectively administering voluntary, locally led conservation programs that enjoy strong bipartisan support.


As Congress begins to develop Fiscal Year 2025 appropriations bills, NACD urges lawmakers to increase funding for Conservation Operations and other important programs that allow our nation’s conservation delivery system to improve the health of land, water, and air in every part of the country. Congress must also pass federal funding bills on time to allow federal agencies to effectively budget, plan, and reach producers with this funding.

Click here to read more about NACD's call to increase funding for conservation and pass funding bills.

Congressman Frank Lucas Anticipates More Attempts at Regulation from SEC After Recent Win

Last week was seen as a victory for U.S. agriculture as the Security and Exchange Commission responded to concerns raised by the agriculture community and affirmed that regulations intended for Wall Street should not extend to America’s family farms. I am talking with Congressman Frank Lucas about the SEC’s efforts to monitor U.S. agriculture.


In its final voting of the rule, the SEC removed the Scope 3 reporting requirements, which would have required public companies to report the greenhouse gas emissions of their supply chain. Lucas says the SEC and corporate America may have more up their sleeves.


“They still are going forward with a rule that requires climate disclosure,” Lucas said. “This just means that we have won the first step, but we have to continue the battle.”


Lucas said this is a partial victory, as he expects more regulations from the SEC in the future. While they may not directly require regulations on producers, the regulations they impose on those who buy from producers may have a large impact.


“The Securities Exchange Commission may not require me as a farmer to report that, but if the people I am selling my products to demand it before they will give me a market, it is the same trap,” Lucas said.

Click here to read more about Congressman Lucas anticipating more attempts at regulation from SEC.

OYE- Getting Ready....

Let's Check The Markets!
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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 higher- Choice Beef was up $1.84 and Select Beef was up $1.45 on Monday, 3/11/2024.


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

Boxed Beef Report for 3/11/2024

Oklahoma National Stockyards had 6.750 head on Monday, March 11, 2024.


 Compared to last week: Feeder steers mostly steady, instance to 5.00 higher on those over 900 lbs. Feeder heifers 3.00-8.00 higher. Stocker steers and steer calves steady to 3.00 higher. Heifer calves 2.00-5.00 higher. Demand moderate to good for feeder cattle but still very good for lighter weights and cattle suitable for grass. Quality average to attractive.


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 03/11/2024

The Joplin Regional Stockyards had a total run of 8,011 head on Monday March 11, 2024.



Compared to last week feeder steers and heifers sold steady to 5.00 higher. Supply was heavy with very good demand. Supply included: 100% Feeder Cattle (53% Steers, 45% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 57%


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

Joplin Regional Stockyards Market from Monday 03/11/2024
OKC West in El Reno Cow and Bull Market Report from 03/11/2024- Cows and Bulls were Steady
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 3/11/2024
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 3/11/2024
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

Podcasts From Oklahoma Farm Report and More

Two of our regular reports are also podcasts that you can subscribe to- Our daily Farm and Ranch News with KC Sheperdavailable here on the Apple Podcast Platform


The second is our daily Beef Buzz with Ron Haysavailable here on the Apple Podcast Platform


Periodically- we offer interviews on our Ag Perspectives Podcast series- this podcast is available here.


Ron has also has a series of podcasts from interviews with newsmakers at the Cattlemen's Congress- Click here or you can find them on your favorite Podcast platform- look for them by searching for Cattlemen's Congress Conversations.


We are making plans to jump back into regular installments of what has been called the Road to Rural Prosperity- a new name and fresh content is in the works- for now- click on the blue button below for one of our favorites that is a timeless classic.

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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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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