Oklahoma's Latest Farm

And Ranch News

Monday, March 18, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • 2024 Oklahoma Legislative Session Policy Update from OKFB’s Steve Thompson


  • Colten Jones of Shattuck FFA Grand Champion at 2024 OYE Ag Mechanics


  • Rumensin Offers Beef Cows Extra Energy and Can Reduce Methane Emissions


  • Farmers Share Stories as ‘Teachable Moments’ in Safety During Ag Literacy Week



  • At the OYE- Supreme Champion Purebred Gilt Shown by Madison Walker of Red Oak FFA


  • Interest Expenses on Farmland Debt Could Challenge Farm Profitability


  • Oklahoma Agricultural Cooperative Council Supports OSU New Frontiers


  • New Law Protects American Farmland and Food Security

2024 Oklahoma Legislative Session Policy Update from OKFB’s Steve Thompson

On Friday- we caught up with Oklahoma Farm Bureau Vice President of Public Policy Steve Thompson as we talked about the latest deadline week activity at the 2024 state legislative session.


Thompson said some of the agricultural highlights from the session to date pertained to the poultry industry and water in the state. Thompson adds that the proverbial 1,000 pound gorilla in the room is how the early passage of the grocery sales tax repeal impacted the dynamics on both sides and changed the amount of money the legislature had available to spend in the appropriations process later in the session.


“When you drop 400 plus million dollars out of the budget picture in the third week of February, then that causes the dynamic to change a lot,” Thompson said.


On the agriculture side, Thompson said they are down to two major water-related bills- one in the House and one in the Senate, both authored by Representative Carl Newton and Senator Brent Howard. As the bills have developed- the focus is primarily on groundwater- although surface rights users have weighed in because "you never know when there is crossover in the policies there."

Click here to read more and listen to Ron and  Steve Thompson talk ag and rural priorities at the Capitol.

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 

  

Colten Jones of Shattuck FFA Grand Champion at 2024 OYE Ag Mechanics

The 2024 OYE Ag Mechanics contest landed in a new venue- the OKC Fairgrounds Pavilion Building and took up about 80% of the 70,000 square foot building. For the awards ceremony at one end of the building, it was a full house to honor the best of FFA and 4-H competitors who had worked hours and hours on their projects.


Following the awards ceremony, Farm Director KC Sheperd talked with the Grand Champion of the competition, Colten Jones from Shattuck FFA.. Jones built a hydraulic flatbed gooseneck trailer that was entered in the gooseneck lowboys and flatbeds category. 3 The trailer was a 6’ long deck gooseneck with Tandem duals, 10’ hydraulic beaver tail, hydraulic jacks & hydraulic brakes.


During the contest- I caught up with Superintendent Jerry Renshaw who says the event has grown steadily since the first contest in 2020, from 63 projects in the first year to 235 projects this year. This year’s numbers are up 35 entries from last year. He sees further growth in future years as this event includes a lot of FFA and 4-H members who do not show livestock- expanding the reach and impact of OYE across the state.


Click here to read more and listen to our visit with Jerry Renshaw


To see the full results from the 2024 Ag Mechanics and Engineering show, CLICK HERE.


Our coverage of the 2024 OYE is being powered by Hilliary Communications.

Click here to read more and listen to KC and Colten Jones at this year's Ag Mechanics Contest at the OYE.

Rumensin Offers Beef Cows Extra Energy and Can Reduce Methane Emissions

At the recent CatleCon, I talked with Elanco Beef Cattle Technical Consultant Frank White about Rumensin for beef cattle by Elanco.


Since the 70s, White said Rumensin is a product that offers an array of benefits for beef cattle producers.


“How Rumensin works is whatever you are feeding that animal or that ruminant, you are going to get extra energy out of it, and it controls coccidiosis,” White said.


Regarding dosage, White said he recommends 200 milligrams of Rumensin per head each day. The label claim is to improve beef cows’ feed efficiency and control coccidiosis, and it will also increase average daily gain for heifers, and decrease days to estrus.


Another benefit of Rumensin is that because the cattle have more energy, they will voluntarily eat eight percent less feed.


“Most animals eat to meet their energy requirements,” White said. “If they have more energy, they will voluntarily eat less.”



White said Rumensin also decreases the amount of methane and carbon dioxide released into the environment.


Click here to read more about Rumensin with Ron and  Frank White.
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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




Farmers share stories as ‘teachable moments’ in safety during Ag Literacy Week

March 18-22 is Ag Literacy Week and the Telling the Story Project team members are helping you spread the word. A toolkit has been created to help share these stories and can be found here: https://tellingthestoryproject.org/social-media/.


It contains social media posts linking to personal stories told by farmers, agricultural workers, family and community members who have been impacted by injuries, fatalities, or close calls.


Have you ever stood in a room filled with farmers and asked if they’ve had a close call or injury incident on the farm? Most hands will probably go up, and each hand represents a story.


Four agricultural safety centers, three of them regional centers funded by the National Institute for Occupational Safety and Health (NIOSH), collaborate with storytellers to disseminate cautionary tales embedded with prevention messages and carrying the theme: “We don’t want this to happen to anyone else.”

Click here to read more about farmers sharing "teachable moments" during Ag Literacy Week.

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! 

At the OYE- Supreme Champion Purebred Gilt Shown by Madison Walker of Red Oak FFA

Just over a thousand purebred breeding gilts were competing for breed and overall honors Thursday and Friday- and when it came down to the nine breed champs on Friday afternoon, Madison Walker of Red Oak FFA took the Supreme Championship. She showed the Champion Berkshire Gilt on Friday that was then selected as the 2024 OYE Supreme Champion Purebred Breeding Gilt. Madison’s gilt will be one of the first gilts that will sell on Tuesday evening at the OYE Night of Stars Gilt Sale.


The Reserve Supreme Purebred Gilt was the second best Berkshire gilt at OYE- shown by Ava Gilcrease of Turner FFA. (Pictured below)


You can view the spreadsheet from OYE listing all of the purebred gilts actually shown and the class and breed winners by clicking here.


Click here for the full schedule for the 2024 OYE. The Oklahoma Farm Report team will be snapping pictures from start to finish- and you can see them as we add them to our Flickr album for 2024- available hereIf you want to look back to the 2023 OYE- click here for our pictures from last year’s event.

Click here to read more about the champions from the OYE Purebred Gilt show.

Interest Expenses on Farmland Debt Could Challenge Farm Profitability

From 2021 through 2023, farmland values and then interest rates grew, raising interest expenses for crop producers. These higher interest expenses could considerably reduce returns for producers with high levels of land debt. These producers may need large cash down payments to reach profitability with new or refinanced debt.


Growth in agricultural real estate values surged during 2021 and 2022 alongside historically high farm incomes and low interest rates (Kauffman and Kreitman 2023). In 2023, farmland values held firm while interest rates increased alongside benchmark rates. Together, strong real estate valuations and higher interest rates have pushed up interest expenses on land loans, potentially squeezing profitability for crop producers.


According to the U.S. Department of Agriculture (USDA), agricultural real estate accounts for more than 80 percent of U.S. farm sector assets, and real estate debt makes up more than 70 percent of all liabilities for the sector. Thus, an increase in interest expenses on land debt is likely to have a substantial influence on the sector. The steep increase in interest expenses is likely to be acutely burdensome for owner-operated farms with high leverage and may deter some farmers from refinancing or taking on new debt.

Click here to learn more about interest expenses on farmland debt challenging profitability.

Oklahoma Agricultural Cooperative Council Supports OSU New Frontiers

The Oklahoma Agricultural Cooperative Council has joined forces with its members to support the New Frontiers campaign, helping to build a new home for Oklahoma State University Agriculture.


“We wanted to ensure that the college had top-notch facilities to be able to recruit students from all over Oklahoma and around the world,” said R.J. Gray, president and CEO of OACC. “We also wanted to ensure the faculty and staff had top-notch facilities to train our industry’s future leaders and provide world-class research.”



The members collectively chose to name the Oklahoma Agricultural Cooperative Council Conference Room, which will be located on the third floor when the facility opens in the fall.


“With the location of the room, we hope it provides much-needed space for faculty and students to meet and collaborate for a better tomorrow,” Gray said. “I am proud of our members for stepping up and contributing to the future of our industry.”


New Frontiers Agricultural Hall will be a state-of-the-art facility that will advance OSU’s land-grant mission, elevate research capabilities and create opportunities for life-changing discoveries in the agricultural science and natural resource industries.

Click here to read more about Oklahoma Agricultuural Cooperative Council supporting OSU's New Frontiers.

New Law Protects American Farmland and Food Security

In Washington, there is a little-known government board called the Committee on Foreign Investment in the United States (CFIUS). Its purpose is simple—review foreign transactions for their national security implications in the U.S.—but today this committee has new importance for protecting America’s farmland and food security.


The committee was first created by President Gerald R. Ford in 1975 and consisted of several cabinet officials including the Secretaries of State, Treasury, Defense, Commerce, the Attorney General, the U.S. Trade Representative, the Chairman of the Council of Economic Advisors, and the Director of the Office of Management and Budget. CFIUS was designed to be a central group that would review foreign investments, analyze developments, and make recommendations to the President. Over the years, the committee’s work would be shaped by changing legislation, but its core function makes a lot of sense. After all, we wouldn’t want a foreign power to buy out the American companies that build our military’s ships, planes, or tanks.


CFIUS is currently chaired by the Secretary of the Treasury and the U.S. Treasury Department is responsible for reviewing proposed acquisitions. If a purchase by a foreign company raises alarm bells, the President has the power to step in and block a transaction that might harm national security.

Click here to read more about a new law that protects American farmland and food security.
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 higher- Choice Beef was up $1.12 cents and Select Beef was up 71 cents on Friday, 3/15/2024.


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

Boxed Beef Report

Oklahoma National Stockyards had 5,635 head on the yards as of 9 PM. The sale will start at 6:30 am. We are expecting to start with 5,800 to 6,000.



This past Monday, March 11th- 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. Supply included: 100% Feeder Cattle (62% Steers, 37% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 66%.


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 03/11/2024

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
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 3/15/2024
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
Listen to Ron
Beef Buzz
Blue Green Gazette
Calendar
Auctions
Market Links
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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, the Oklahoma Cattlemens Association, Invenergy Oklahoma and  KIS Futures for their support of our daily Farm News Update.


For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- at NO Charge!



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

***************

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