Oklahoma's Latest Farm

And Ranch News

Thursday, April 4, 2024

Come See Us at the 2024 OKC Farm Show- Today thru Saturday!

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 


  • Farmer Sentiment Improves As Interest Rate Expectations Shift

  • Beef Checkoff Finds Ways to Keep Programs Level in Times of Lower Cattle Numbers

  • Visit Our Sponsors at the Annual OKC Farm Show April 4-6!

  • Volunteers Fill an Important Role in OSU Extension

  • CHS Reports Second Quarter Fiscal Year 2024 Earnings

  • Don’t Forget Your Horses When Making Regenerative Grazing Plans

  • Crabgrass: A weed can be a forage

Farmer Sentiment Improves As Interest Rate Expectations Shift

U.S. farmers’ perspective on the future improved in March helping to push the Purdue University-CME Group Ag Economy Barometer up 3 points from February to a reading of 114. The Index of Current Conditions at 101 was 2 points below a month earlier while the Index of Future Expectations reached 120, 5 points higher than in February.

The split between the current and future indices was driven primarily by farmers’ perception that their financial condition has deteriorated over the last year while they expect their financial situation to improve modestly in the next 12 months. The March Ag Economy Barometer survey was conducted from March 11-15, 2024.

Farmer sentiment improved modestly in March with the rise primarily attributable to producers expecting financial conditions on their farms to improve in the year ahead. The improvement in farmers’ financial outlook was buttressed by an improved interest outlook with nearly half of this month’s respondents saying they expect interest rates to decline over the next 12 months.

Farmers’ short-run outlook for farmland values also improved this month as the short-run farmland index climbed 9 points above its February reading. Interest in using farmland for solar energy production and sequestering carbon appears to be on the rise with 12% of respondents discussing solar energy leases and 18% saying they or their landowners were approached about possible Carbon Capture Utilization and Storage on farmland.

Click here to read more from the latest CME/Purdue Ag Economy Barometer

Sponsor Spotlight

Oklahoma Farm Bureau works to improve the lives of all Oklahomans by supporting our state’s agriculture community. As Oklahoma’s largest general farm organization led by Oklahoma farmers and ranchers, OKFB takes grassroots values and advocates for agriculture at the state Capitol and in Washington, D.C., to ensure our way of life continues for generations to come.

Farm Bureau hosts leadership events, supports our state’s agricultural youth and connects consumers with agriculture in order to build a brighter future for our state. Become an OKFB member today online at okfarmbureau.org/join. Together, we are rural Oklahoma.

Beef Checkoff Finds Ways to Keep Programs Level in Times of Lower Cattle Numbers

I am talking with the CEO of the Cattlemen’s Beef Promotion Board, Greg Hanes, about planning for the year ahead with fewer Checkoff dollars available.

While high cattle prices are cause for celebration, Hanes said the cattle numbers are much lower, and it doesn’t look like the rebuilding phase will begin anytime soon. To learn more about the work underway from the Beef Checkoff, visit drivingdemandforbeef.com.

“That does make it a challenge on the Checkoff side because with less cattle we have less Checkoff dollars,” Hanes said. “On the positive side to that, the last few years as we were kind of going through more liquidation, we were actually getting higher collections than we anticipated during those few years, so we were able to hold some back in anticipation that this would be happening.”

Due to higher collections in years prior, Hanes said the Checkoff has been able to spread out funding across several programs and keep them level.

Click here to read more and listen to Ron and Greg Hanes on our latest Beef Buzz.

Visit Our Sponsors at the Annual OKC Farm Show April 4-6!

This is the Opening Day for the 20th Annual Oklahoma City Farm Show- and the Show is set to feature the latest agricultural machinery, equipment, technology, and services from hundreds of exhibitors representing more than 1000 products and services. Indoor exhibits will fill the Bennett Event Center, along with outdoor exhibits located directly in front of the event center. The show is free to attend and there is plenty of free parking at the OKC Fairgrounds complex.

To visit the OKC Farm Show website to see more information, CLICK HERE.

Come and check out some of our Oklahoma Farm Report sponsors who will be at the show!

  • Oklahoma Ag Credit (Booth 2087)
  • Oklahoma Farm Bureau (Booth 4035)
  • Stillwater Milling Company (Both 4048/4055)
  • P&K Equipment (Booth 6057)
  • Great Plains Kubota (Booth 4109)
  • National Livestock (Booth 4083)
  • Oklahoma Cattlemen’s Association (Booth 5102)
  • Stockman Oklahoma (Booth 5058)
  • Western Livestock (Booth 5100)

AND- plan on stopping by and saying howdy to Ron and KC at the Radio Oklahoma Ag Network Booth in space 6032!!!!

And- you can also stop by the Show Headquarters and offering a big thank you to Midwest Shows for being our longest running sponsor of our daily farm and ranch news email!!!

Sign Up for Our Daily Email- Free Because of Our Sponsors!

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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 our latest report.

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

Volunteers Fill an Important Role in OSU Extension

April is National Volunteer Month and there’s no better time to shine a spotlight on the thousands of volunteers who bring life to programs offered through Oklahoma State University Extension

For 110 years, OSU Extension has been working to make the lives of Oklahomans better. With experts providing research-based information, more than 5,000 volunteers statewide help disseminate that information through a variety of methods, including 4-H clubs, Master Gardeners and Oklahoma Home and Community Education activities such as demonstration gardens, camps, workshops, school enrichment programs and more. OSU Extension also benefits from the thousands of people who volunteer at fairs, contests and other activities.

In 2023, adult and youth volunteers spent 232,000 hours enhancing the quality of life in Oklahoma. Through these efforts, OSU Extension is providing education for everyone everywhere.

Volunteers are valuable partners in the OSU Extension mission and devote their time annually to programming, teaching, and facilitating events and activities. No matter what is happening in OSU Extension, a volunteer has some role in ensuring success.

Click here to read more about volunteers playing an important role in Oklahoma State Extension.

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 Thursday morning farm and ranch news with KC Sheperd
Subscribe To the Daily Email

Sponsor Spotlight

Oklahoma AgCredit supports rural Oklahoma with reliable and consistent credit, today and tomorrow. We offer loans for land, livestock, equipment, operating costs and country homes (NMLSR #809962) to farmers, ranchers and rural businesses across 60 counties. As a cooperative, we are owned by the members we serve. Through our Patronage Program, we have returned more than $74 million to our members since 1997.

For more information on our services or to find a location near you, visit our website here.

CHS Reports Second Quarter Fiscal Year 2024 Earnings

CHS Inc., the nation’s leading agribusiness cooperative, today released results for its second quarter ended Feb. 29, 2024. The company reported quarterly net income of $170.3 million and revenues of $9.1 billion compared to net income of $292.3 million and revenues of $11.3 billion in the second quarter of fiscal year 2023. For the first six months of fiscal year 2024, the company reported net income of $693.2 million and revenues of $20.5 billion compared to record net income of $1.1 billion and record revenues of $24.1 billion in the first half of fiscal year 2023.

Second quarter fiscal year 2024 highlights:

  • Performance was solid across our segments, although earnings were down from the record second quarter of fiscal year 2023.
  • In our Ag segment, earnings rose as agronomy markets were stronger compared to the prior year and grain and oilseed margins were stable.
  • In our Energy segment, margins declined from the highs in the prior year due to changing market conditions including the impact of a historically warm winter.
  • Equity method investments continued to perform well, led by our CF Nitrogen investment.

“The first six months of our fiscal year have delivered overall good financial results,” said Jay Debertin, president and CEO of CHS Inc. “Our supply chain investments and well-diversified portfolio, empowered by our people and technology, are helping us perform well as we connect farmers and local cooperatives with the inputs and services they need to help feed the world.”

Click here to read more about CHS reporting their second quarter fiscal year 2024 earnings.

Don’t Forget Your Horses When Making Regenerative Grazing Plans

Perhaps the most challenging part of managing horses’ grazing is the fact that for most, the herd size is sometimes just one or a handful of horses. With these differences in mind, here are the top five lessons Joe Pokay learned while incorporating his horses into a regenerative grazing plan:

1. Create stock density, even with small numbers. As with ruminant animals, the key when grazing horses is still to create opportunity for adequate plant rest and recovery. With small numbers on small acreage, that often means creating many very small paddocks.

2. Consider mechanical harvest if the horses are too choosy.  Even with a high stock density, he doesn’t always get the even graze he desires.

3. Use smart solutions to keep water from being your limiting factor. An advantage of building small grazing cells close to a house or other outbuildings when possible can be the presence of convenient water hydrants. To take advantage of this, Pokay mounted a float onto the side of a heavy-duty, two-wheeled hand cart. Now it’s a portable water tank he can reach with simple garden hoses to fill, then easily dump and roll on to the next paddock.

4. Get creative with paddock shapes, sizes for back-grazing success. Even with a convenient, mobile watering system, Pokay still uses back-grazing to keep horses moving to fresh grass without having to move equipment constantly. Back-grazing allows animals to return to a previously grazed area, usually in order to return to a fixed point of water or shade.

5. Regain overused areas with variation, focused recovery. In some cases, he’s built a travel lane that leads animals back to shade or water, creating what he admits is a short-term sacrifice.

Click here to learn more about incorporating regenerative management practices into your herd of horses.

Crabgrass: A weed can be a forage

On today’s Cow-Calf Corner, Mike Trammell, Oklahoma State University Southeast Regional Forage Agronomist, talks about the grazing value of crabgrass.

Crabgrass is an annual, warm-season grass that is fast growing, easy to establish, and capable of natural and prolific reseeding, all of which allows it to excel as a “weed.”

Despite its bad reputation, crabgrass was originally used in Europe as fodder before being introduced into the United States, likely around the mid-1800s, as a forage for grazing livestock. During the past 30 years or so, there has been an enormous change in the perception of crabgrass with forage and livestock producers. It is now considered a legitimate forage crop.

Crabgrass works well when planted following small grains such as cereal rye or wheat. The small grains provide forage for late fall into spring and the crabgrass fills in during the summer and early fall to provide high-quality forage. Light tillage is recommended when the cereal forage is done being grazed or harvested in the spring. This improves seed germination and promotes better volunteer crabgrass stands for the summer.

Click here to read more about using crabgrass as a forage.
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 $2.86 and Select Beef was down $2.07 on Wednesday, 4/3/2024.

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

Boxed Beef Report

OKC West in El Reno had 4,904 head this week..

According to USDA Market News- Compared to last week: Feeder steers weighing under 900 lbs sold 8.00-12.00 lower, over 900 mostly steady to 1.00 lower. Feeder heifers traded 4.00-8.00 lower. Demand light to moderate. Several days of sharp declines on both the CME Feeder and Live Cattle boards have buyers being cautious. Steer and heifer calves were to lightly tested for a trend, however a lower undertone was noted. Demand moderate. Heavy rainfall fell across much of the trade area over night hampering livestock movement.

OKC West Manager Bill Barnhart offers these additional comments ont he market's Facebook page- "Sharply lower prices at the feeder sale this week as the market has lost all momentum. Feeder futures have now lost 20.00/cwt since late February. Fundamentals have not changed but commodity traders attitudes have, trading off of fear and panic. Packers will take advantage and try to buy cattle cheaper this week. April Live is now 5.00 discount to last week’s cash sales. Light runs will continue."

Click below for the complete closing report.

OKC West in El Reno Market Report from 04/02 and 04/03/2024
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 4/3/2024
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 4/3/2024
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
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!
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Rural Oklahoma Networks



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KC Sheperd
Farm Director
Radio Oklahoma Ag Network


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Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network

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