Oklahoma's Latest Farm

And Ranch News

Friday, April 12, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Moderate Drought Almost Doubles in this Week’s Drought Monitor


  • U.S. Ending Stocks Estimates Bearish for Soybeans, Corn and Wheat


  • Introducing Laney McAlester of the Wilburton FFA Chapter, Your 2024 Southeast Area Star in Agribusiness


  • Congressman Josh Brecheen on Inflation, and His Healthy SNAP Bill


  • U.S. CattleTrace: The Producer-Led Animal Disease Traceability Initiative


  • Kim Anderson says Commodity Markets Continue to Trade in a Narrow Range


  • EPA Water Regulations Unfairly Target Rural America


  • Southwest Ranchers Bull Sale Happening Saturday April 13 in Chickasha

Moderate Drought Almost Doubles in this Week’s Drought Monitor

To view the latest Oklahoma drought map, CLICK HERE.


According to the latest Oklahoma drought monitor report, exceptional drought remains at zero percent, unchanged from the start of the calendar year.


Extreme drought or worse remains at zero percent, unchanged from the start of the calendar year.


Severe drought or worse is now at zero percent, unchanged from last week.


Moderate drought or worse is now at 15.41 percent, up from last week’s 8.47 percent.


Abnormally dry or worse conditions are now at 50.21 percent, up from last week’s 37.86 percent.


According to the 6-to-10-day precipitation outlook map, the eastern half of the state is leaning above a 40 to 50 percent chance of precipitation through April 20, and the western half of the state is leaning above a 33 to 40 percent chance of precipitation through April 20.

Click here to read more about this week's drought monitor.

Sponsor Spotlight


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U.S. Ending Stocks Estimates Bearish for Soybeans and Slightly Bearish for Corn and Wheat

Farm Director KC Sheperd had the chance to talk with Allendale’s Rich Nelson about this month’s WASDE Report. Nelson said it is important to note that this month’s report only covers the old crop, as the new crop balance sheets will begin in next month’s report on May 10th.


Stocks for old crop corn were lowered by 50 million bushels, Nelson said, and soybean numbers were raised by 25 million bushels. Overall, Nelson said corn, soybean and wheat numbers were lightly disappointing in today’s discussion.


“On the wheat side of things, we did see a moderate increase in numbers today at 25 million bushels on this report,” Nelson said. “That was a little larger than the trade expected to see. Given the fact there is nobody really harvesting wheat right now except India, it looks like there were no production changes across the board there.”

While the numbers in this month’s report are very different what the trade expected, Nelson noted that this is a mid-year report and USDA does not have to provide the complete “truth” in this report.


USDA increased soybean ending stocks for the 2023-24 marketing year to 340 mb, up 25 mb from March’s estimate, reflecting changes to exports, seed and residual usage. USDA left production and beginning stocks unchanged, but trimmed its forecast for imports to 25 mb, a 5 mb cut. Crush was left unchanged at 2.3 billion bushels, while exports were trimmed by 20 mb from last month. Soybean use for seed declined by 2 mb to 100 mb, reflecting lower acreage estimates for the 2024 season. Residual use was cut from 22 mb to 13 mb.

Click here to read more about this month's WASDE report and Listen to KC and Rich Nelson discuss the USDA report.

Introducing Laney McAlester of the Wilburton FFA Chapter, Your 2024 Southeast Area Star in Agribusiness

This week, our coverage of the 2024 Oklahoma FFA Star Award Finalists continues with Agribusiness competitor Laney McAlester of the Wilburton FFA chapter representing the Southeast Area.


Farm Director KC Sheperd interviewed all 18 Star finalists recently in Stillwater after they were judged in their respective areas- and you can hear KC talk with Laney by clicking on the Blue Button at the bottom of this story.


McAlester’s project, a testament to her passion and hard work, involves stocker cattle management and operation. She purchases cattle weighing around 500 pounds and feeds them until they are ready for the next segment of the industry, the feedlot.


The operation is a family operation, McAlister said, and through her time, she has learned that some of the most important factors for success include a good vaccine protocol, a processing protocol, and keeping the cattle healthy in a stress-free environment.


Our coverage of the Stars and the 2024 State FFA Convention is powered by Hilliary Communications.

Click here to read more and listen to KC and  Laney McAlester talk about her efforts to be named the 2024 Southeast Area Star in Agribusiness.
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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 the report from our State Capitol Reporter.

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




Congressman Josh Brecheen on Inflation, and His Healthy SNAP Bill

Farm Director KC Sheperd is talking with Congressman Josh Brecheen about rising costs for agricultural producers, the U.S. Farm Bill, the Federal budget, work requirements, and more.


In Brecheen’s travels across the state, he said the most common concern from farmers and ranchers is high input costs and higher cost of living. When comparing the cost of living for a family of four in January 2021 to now, Brecheen said the average family of four is spending $1300 more per month to afford the same goods and services.


“That is $15,000 over the course of a year,” Brecheen said.


Regarding the Farm Bill, Brecheen said he does not expect it to be completed in 2024 due to budgeting issues and more.


Brecheen talked about his bill called Healthy SNAP, proposing reforms to the SNAP Program. Brecheen also advocated for a change to the social safety net, suggesting that work requirements should be implemented to cap the number of years an individual can receive food stamps. He also proposed that spending on food stamps should be directed towards healthier food options to combat issues such as obesity and its connection to poverty.

Click here to read more about Josh Brecheen's take on inflation and his healthy SNAP bill.

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 latest Farm and Ranch News for Friday with KC Sheperd
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Sponsor Spotlight



The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community, and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations. 


To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes. 


And Check out this video below that helps you learn more about the Beef Checkoff- .

U.S. CattleTrace: The Producer-Led Animal Disease Traceability Initiative

At the Texas and Southwestern Cattle Raisers Convention, I talked with Callahan Grund, the Executive Director of U.S. CattleTrace. Hays and Grund discussed disease traceability in the cattle industry.


Grund said U.S. CattleTrace started in 2018 with a few pilot projects before becoming one producer-led organization. The goal of the U.S. CattleTrace is to develop a national infrastructure for disease traceability and encourage private industry’s use of the infrastructure for individualized management practices.


“The premise behind it is a voluntary animal disease traceability system that can work on behalf of producers, built by producers, and managed by and for producers to work with animal health officials in case a disease outbreak ever were to occur,” Grund said.


One tool to help with disease traceability is electronic tagging, Grund said, as there has been some good momentum and progress on this front.


“It looks like with the proposed amendment at USDA, and some of the murmurs we have heard across the industry, that we are going to transition those to requiring EID tags for those classes of cattle,” Grund said.


Whenever that transition does take place, Grund said feeder cattle are not required to possess a form of EID, but other classes of cattle will. Grund also talked about the speed of commerce and said it is a necessity for a producer-led initiative.

Click here to read more and listen to Callahan Grund talk about disease traceability.

Kim Anderson says Commodity Markets Continue to Trade in a Narrow Range

This week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the latest in the crop markets. For all practical purposes, Anderson said prices are still trading in a relatively narrow range.


Wheat prices have been trading sideways, Anderson said, from $5.00 to $5.50 in the last couple of weeks. Anderson said wheat prices may go up in the next few months.

“Corn was trading at a $4.40 to $4.50 range,” Anderson said. “It widened that out a couple of weeks ago from $4.35 to $4.55, but that is still a narrow range, and sideways prices just like wheat.”


Soybeans are trading in an especially narrow range, Anderson said, from $11.00 to $11.25.


“Something is going to happen to get these prices moving again,” Anderson said.


Regarding the wheat crop conditions, Anderson said things are looking much better than last year, with slightly fewer acres planted. Anderson added that the 90-day weather forecast is calling for average to above-average temperatures.


“There is some talk in northwestern Oklahoma and western Kansas about it getting dry and the wheat under stress,” Anderson said. “One report said we were switching from El Nino to El Nina, switching from wet to dry, and some people are concerned about that.”

Click here to read more and listen to Dr. Anderson's analysis of the commodity market.

EPA Water Regulations Unfairly Target Rural America

American Farm Bureau Federation President Zippy Duvall commented today on the Environmental Protection Agency’s final National Primary Drinking Water Regulation, which sets maximum contaminant levels at 4 parts per trillion for PFOA and PFOS and 10 parts per trillion for PFNA, PFHxS and HFPO-DA.


“Rural America shares the goal of ensuring the water we use to raise our families and grow our crops is healthy. Unfortunately, EPA’s National Primary Drinking Water Regulation will disproportionally impact small communities, which lack the resources of large metropolitan systems, but will still be on the hook to pay the exorbitant costs of treating their water for PFAS chemicals.


“While we acknowledge the effort EPA has made in providing flexibility and support to small and rural systems, more needs to be done to lessen the burden of this rulemaking. We all want clean drinking water, but there are households that will not be able to afford this.”

Southwest Ranchers Bull Sale Happening Saturday April 13 in Chickasha

The Southwest Ranchers are hosting their sixth annual bull sale April 13 in Chickasha, OK. The sale will start at 12:30 p.m. at the Wheeler's Farm Sale Facility.


They're set to sell 148 lots total including 113 bulls and 35 females. The sale will be made up of 94 registered Angus bulls, 17 registered Hereford bulls, 1 registered red angus bull, 1 registered Charolais bull, 25 registered Angus open heifers, and 25 registered Angus open heifers.


Click here for the sale book.


Click here for the sale videos


Attend the sale in person or bid via LiveAuctions.TV


Featuring lots from:

Brink Angus

Terry & Ellen Brink

580.335.4126

Frederick, OK


Brookshire Farms

Johnny & Azalea Brookshire

580.515.0380

Cyril, OK


Wheeler Farms

Will Wheeler

405.274.1799 or

Joe Devine

918.557.9087

Chickasha, OK


Sale Management

Matt C. Sims Auction (MCS)

405.641.6081

P.O. Box 1219

Edmond, OK 73083

matt@mcsauction.com

www.mcsauction.com

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 14 cents and Select Beef was down 87 cents on Friday 11/20/2020.


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

Boxed Beef Report

Weekly Cattle Auction Reports


The buttons below allow you to check out the weekly Cattle Auctions in the region that we post on our website and here in our daily email update.


Oklahoma National Stockyards Market Report from 04/08/2024
Tulsa Stockyards for Monday 04/08/2024
Joplin Regional Stockyards Market from Monday 04/08/2024
Oklahoma National Stockyards Cow and Bull Market Report for 04/09/2024
OKC West in El Reno Market Report from 04/09 and 04/10/2024
Woodward Livestock Market from Thursday 04/11/2024
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 4/11/2024
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 4/11/2024
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
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

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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