Oklahoma's Latest Farm

And Ranch News

Tuesday, April 23, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 


  • Oklahoma and Kansas See Big Declines in Winter Wheat Conditions This Week

  • ORA Study Highlights the Consequences of the State’s Energy Discrimination Elimination Act

  • Introducing Titus Montgomery of the Red Oak FFA Chapter, Your 2024 Southeast Area Star in Agriscience

  • An Early Look at 2024 Production Expectations for U.S. Wheat and Sorghum

  • Derrell Peel Says Fewer Cattle but More in Feedlots

  • Oklahoma Ag In The Classroom Hands Out Awards and Promotes Ag Education at the Capitol

  • An Active Forecast for the Week with Rain/Storm Chances will Determine the Wildfire Risk

Oklahoma and Kansas See Big Declines in Winter Wheat Conditions This Week

In this week's crop progress report, winter wheat headed reached 17 percent, up 1 percentage point from the previous year and up 4 points from the five-year average. Winter wheat conditions rated 50 percent good to excellent, 34 percent fair and 16 percent poor to very poor. Last week’s ratings were 55 percent good to excellent, 32 percent fair and 13 percent poor to very poor. Ratings are still up from this time last year, which was 26 percent good to excellent, 33 percent poor and 41 percent poor to very poor across the 18 winter wheat states.

Across the southern HRW belt- crop conditions are falling fast as the crop is ahead of normal development and the crop is dealing with the developing drought. Oklahoma winter wheat conditions rated 49 percent good to excellent, 39 percent fair and 12 percent poor to very poor. Last week’s conditions rated 60 percent good to excellent, 30 percent fair and 10 poor to very poor. Conditions are still looking much better than this time last year as the 2023 crop was historically bad by this point in April- the crop was only 6 percent in good condition and 63% poor to very poor. 

The recent weather is pushing the development of the crop with heading doubled this week from 15% to 30% and is 10 points ahead of the five year average.

Kansas winter wheat jointed was 72 percent, well ahead of 41 percent last year and 48 percent for the five-year average. Texas winter wheat headed reached 66 percent, down 2 percentage points from the previous year and up 2 points from the five-year average.

Click here to read more about this week's crop progress report.

Sponsor Spotlight

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The newest addition to the National Family is Dakota Moss- and Livestock Risk Services.

National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation’s premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today’s producer. To learn more, click here for the website or call the Oklahoma City office at 1-800-310-0220.

New Oklahoma Rural Association Study Highlights the Unintended Consequences of the State’s Energy Discrimination Elimination Act

Today, the Oklahoma Rural Association (ORA) released a new study examining the economic impact of the Energy Discrimination Elimination Act (EDEA) on Oklahoma’s municipal bond market. The study, “Unintended Consequences of the Energy Discrimination Elimination Act in Oklahoma,” which was commissioned by ORA and conducted by Dr. Travis Roach, an associate professor and chairperson of the Department of Economics at the University of Central Oklahoma and founder of the Central Policy Institute, showcases the detrimental impact of the EDEA on Oklahoma communities and taxpayers. 

Notably, the new study finds that Oklahoma’s EDEA policy has resulted in: 

  • A 15.7% increase in borrowing costs for Oklahoma municipalities compared to non-EDEA adopting states. 
  • $184,777,344 in additional expenses for local municipalities since the policy’s enactment, or $10,869,256 per month of the policy’s tenure thus far.
  • Increased borrowing costs, which negatively impact Oklahoma municipalities through:
  • Higher taxes.
  • Reducing expenditures in other areas.
  • Delays or complete abandonment of projects intended to improve infrastructure and quality of life. 

This impact is only projected to increase if Oklahoma’s EDEA policy remains in place and continues to restrict the competitive municipal bond market, further harming taxpayers. 

Click here to read more on the Oklahoma Rural Association study on the state's energy discrimination elimination act. 

Introducing Titus Montgomery of the Red Oak FFA Chapter, Your 2024 Southeast Area Star in Agriscience

This morning, our coverage of the 2024 Oklahoma FFA Star Award Finalists continues with Agriscience competitor Titus Montgomery of the Red Oak 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 Titus by clicking on the blue button at the bottom of this story.

“My project has been one I have continued for the last three years,” Montgomery said. “It is about determining the effects of Ivermectin on earthworms as it enters the soil. I have been trying to determine if it is toxic or lethal to earthworms.”

Montgomery said the idea for this project stemmed from a conversation with his ag teacher about using Ivermectin and how it impacts soil health.

“Earthworms are agriculture’s unsung heroes,” Montgomery said. “There is not a better example. Not only do earthworms aerate the soil and provide infiltration through water systems and such, but they are also soil builders. Without soil, we don’t have crops, and we don’t have grass for our cattle to eat, and the world stops.”

Through his project, Montgomery said he has found a passion for scientific research, which has led him to the goal of conducting graduate research at Oklahoma State University one day.

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

Click here to listen to KC Sheperd talk with Titus Montgomery about his achievement as the Southeast Area Star in Ag placement.
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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 from our State Capitol Reporter Albert Castellanos.

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

An Early Look at 2024 Production Expectations for U.S. Wheat and Sorghum

A key component of any market outlook for agricultural commodities is the production forecast for the upcoming year. Estimates of crop area and yield are important market drivers. The 2024 March Prospective Plantings report (survey of producers’ acreage intentions for the upcoming season taken in late-February to early March) showed a decline in both wheat and sorghum acres compared to 2023. However, several other factors may come into play in 2024 that significantly impact the final production numbers.

Using the planted acreage number from the Prospective Plantings report, average percent harvested over the last 10 years, and trend line yields, we project production increases for U.S. wheat and sorghum in 2024 despite a decrease in planted area (Table 2).  For wheat, production is projected to be up 120 million bushels (+7%) and sorghum up 75 million bushels (+24%) compared to 2023.

The decline in planted acres was a major headline in media and market reports following the release of the Prospective Plantings report. The final production impact of that number is far from settled. 

Click here to read more about an early look at the 2024 production expectation for wheat and sorghum.

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 Tuesday with KC Sheperd
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Sponsor Spotlight

The Oklahoma Agriculture Mediation Program knows this is a hard time for farmers and ranchers. We want you to know we are still open, and we are still here for you. The Ag Mediation program is a free service that provides mediation to agriculture producers who may need help with ag-related disputes.

At Oklahoma Ag Mediation, we have been helping people in agriculture resolve conflicts since 1987. We know firsthand about working together to resolve conflicts, so you don’t have to go through the court systems. Let our professional mediators help you. Mediation is allowed for lease issues, farmer/neighbor disputes, family farm transitions, and more. These services are available at no cost for Oklahoma farmers and ranchers in all 77 counties. For more information, you can go to ok.gov/mediation, or give us a call at 800 248 5465.

Derrell Peel Says Fewer Cattle but More in Feedlots

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,” published electronically by Dr. Peel and Mark Johnson. Today, Dr. Peel talks about feedlot numbers and more.

The April cattle on feed report pegs feedlot inventories at 11.82 million head, up 1.49 percent from one year ago. Feedlot inventories continue to be stubbornly slow to decline despite declining cattle numbers.  

Feedlot placements in March were down 12.3 percent year over year, a larger decrease than expected. In fact, feedlot placements have been declining for many months in response to decreased feeder cattle supplies. 

How, then, can feedlot inventories be above year earlier levels as they have been for the last seven months? The answer is that feedlot marketing rates have fallen even faster than placement rates. 

Feedlots have an incentive to keep inventories as close to capacity as possible. One way is to slow down the turnover rate effectively making fewer cattle turn into larger inventories. The result is more days on feed and heavier carcass weights. Steer carcass weights have averaged 25 pounds heavier year over year for the past four weeks, with heifer carcasses over 21 pounds heavier. There are limits to how much feedlots can slow marketings, but feedlots are expected to push carcass weights as far as possible in the coming months. Feedlot inventories are expected to decline in the next few months despite feedlot actions to delay the inevitable. 

Click here to read more about Dr. Peel's latest insight to the cattle market highlighting feedlot numbers.

Oklahoma Ag In The Classroom Hands Out Awards and Promotes Ag Education at the Capitol

Oklahoma Farm Reporter Maci Carter is talking with the State Ag In the Classroom Coordinator, Melody Blosser, about Ag In The Classroom’s part in Ag Day at the Capitol,

“The Ag In the Classroom portion of Ag Day is where we take the opportunity to recognize our overall contest winners,” Blosser said. “We have an early childhood, elementary, middle school, high school, and photography winner. We bring their artwork to the capitol, and we recognize them.”

During Ag Day at the Capitol, Blosser said they awarded the Teacher of the Year, Jackie McGolden of Fairview Public Schools. Awarded the National Excellence in Teaching about Agriculture was Jennifer Croswait from Stillwater Public Schools.

Coming soon is another resource from Oklahoma Ag In the Classroom, Blosser said, called ‘Flat.’

“I am so excited to announce that Annie Davis, one of the other coordinators, has developed the most outstanding resource, and we are so excited it goes to debut here at Ag Day,” Blosser said. “It is called ‘Flat.’ It is similar to Flat Stanley, but we have twins, Flat Aggie and Flat Annie, and they go on different adventures. Their last name is Arthur.”

Click here to read more and listen to Maci Carter talk with Melody Blosser about Ag in the Classroom.

An Active Forecast for the Week with Rain/Storm Chances will Determine the Wildfire Risk

Statewide Discussion: Early weekend rainfall was held to the southern Oklahoma with dry, cold-front associated air in northern Oklahoma – a disappointing outcome for northwestern and northern counties. An active, unsettled forecast for the week ahead with rain/storm chances from Tuesday into the weekend. Fire weather will become a concern later this week in the Panhandle and northwestern counties dependent upon realized rainfall and dryline placement.

Today: Southerly winds are expected to increase today becoming quite gusty this afternoon and persisting overnight. Good overnight moisture recovery and dew point temperatures above 40° will hold afternoon relative humidity values above critical threshold in all but the western Panhandle counties.

Oklahoma Panhandle: Temperature 81°-84° under clear skies with relative humidity values 11% in Cimarron County to around 23% in Beaver County. Southerly winds will gradually increase into the afternoon when sustained southwest winds 15-22 mph gusting around 30 mph are expected.

Near-Term: While the southern tier of counties received a boost of moisture in the last rain system, the flash drought development across the northern counties intensified from abnormally-dry to moderate drought from Woods County into far western Kay County. Today is the highest fire danger day of the next three days.

The next update to the Oklahoma Wildfire Situation report will be issued Wednesday, April 24.

Click here to read more about this week's forecast and wildfire risk across the state.
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 26 cents and Select Beef was up $1.04 on Monday, 4/22/2024.

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

Boxed Beef Report

Oklahoma National Stockyards had 6,500 head on Monday, April 22, 2024.

Compared to last week: Feeder steers and heifers 4.00-8.00 higher. Steer and heifer calves not well tested but a sharply higher undertone is noted. Demand good. Quality average to attractive. Last Friday's COF report mixed with lower than expected On Feed and Placements. Cattle futures reacting positively and trading well in the green.

Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 04/22/2024

The Joplin Regional Stockyards had a total run of 6,228 on Monday April 22, 2024.

Compared to last week feeder steers sold 3.00-7.00 higher. Feeder heifers sold 6.00-12.00 higher. Supply was moderate with very good demand. Supply included: 100% Feeder Cattle (51% Steers, 48% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 59%. 

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

Joplin Regional Stockyards Market from Monday 04/22/2024
OKC West in El Reno Cow and Bull Market Report 04/22/2024- Cows and Bulls Were Fully 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 4/22/2024
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 4/22/2024
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
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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.

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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
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