Oklahoma's Latest Farm

And Ranch News

Tuesday, May 14, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Winter Wheat Conditions Hold Steady in the Southern Plains This Week- Texas Begins Harvest


  • Two Sides of the Heifer Coin with Derrell Peel


  • Advantages of LRP with Dakota Moss of Livestock Risk Services


  • OSU Ag hosts Lahoma Wheat Field Day on Friday


  • Markwayne Mullin Recaps Trip to Oklahoma Military Installations


  • May Rains Cover the State and Push Back Drought- for the Time Being


  • Agencies Release Biotechnology Regulatory Modernization Plan

Winter Wheat Conditions Hold Steady in the Southern Plains This Week- Texas Begins Harvest

According to the latest U.S. Crop Progress report released Monday, winter wheat conditions rated 50 percent good to excellent, 32 percent fair and 18 percent poor to very poor. This time last year, winter wheat ratings for the U.S. were at 29 percent good to excellent, 30 percent fair and 41 percent poor to very poor.


In Oklahoma, winter wheat conditions rated 53 percent good to excellent, 35 percent fair and 12 percent poor to very poor. Last week’s conditions rated 52 percent good to excellent, 41 percent fair, and 7 percent poor to very poor. This time last year, conditions rated 11 percent good to excellent, 38 percent fair and 51 percent poor to very poor.


In Kansas, winter wheat conditions rated 31 percent good to excellent, 32 percent fair and 35 percent poor to very poor. This time last year, winter wheat ratings in Kansas were at 10 percent good to excellent, 22 percent fair and 68 percent poor to very poor.


In Texas, winter wheat harvested reached 5 percent, up 1 percentage point from the five-year average. Winter wheat conditions rated 42 percent good to excellent, 35 percent fair and 23 percent poor to very poor. This time last year, conditions rated 20 percent good to excellent, 28 percent fair and 52 percent poor to very poor.


Pasture and Range conditions for Oklahoma are up to 53 percent good to excellent conditions- up one point from last week. Our neighbors in Texas are struggling with only 28% good to excellent on Pasture and range ratings- 42% of Texas in poor to very poor condition. New Mexico is worse state in the country on pasture and range ratings- 77% are poor to very poor this week.

Click here to read crop progress summaries for Oklahoma, Kansas and Texas, and to access this week's reports.

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.

Two Sides of the Heifer Coin with Derrell Peel

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 heifer dynamics in the cattle industry.


There are numerous unique factors that make the beef cattle industry complex. Chief among those are the heifer dynamics that are central to cattle cycles. Two biological facts are critical: cows have one calf at a time in a rather slow biological process; and two, heifers can be used for current beef production or breeding for future production in a one for one trade-off. This means that when cattle numbers, specifically the cow herd, are low, retention of heifers to increase beef production makes the already short supply of beef even smaller before the cow inventory can expand and lead to increased beef production with 2–3-year lag. 


Dr. Peel says a key number is the percentage of heifer slaughter versus steer slaughter. Heifer slaughter as a percent of fed slaughter is as high as it has ever been at 40 percent in 2023. This matches the previous high of 40 percent in 2000 and 2001. At the same time, the replacement heifer inventory has been decreasing and the beef cow herd continues to get smaller. In the first quarter of 2024, the heifer slaughter percentage was 40.5 percent, down fractionally year over year for the same period. 



It is not clear if the next herd expansion will require the heifer slaughter percentage to drop as much as the 2015-2017 period, but it must drop below the long-run average of just over 37 percent and likely to the 35-36 percent range. There is no indication that is happening yet.


Click here to read more from Dr. Peel on heifer dynamic and to view charts and tables

Advantages of LRP with Dakota Moss of Livestock Risk Services

In this episode of Beef Buzz, I am talking with Dakota Moss of Livestock Risk Services about the advantages of utilizing Livestock Risk Protection (LRP).


As the cattle markets can be described as “choppy” lately, Moss talks about factors impacting the markets and how LRP can give producers peace of mind.


“Over the past few weeks, we had that bird flu scare so to speak, which really hasn’t turned into anything for the beef cattle side of the industry, but it seems like the cattle business and the cattle industry is so sensitive to any possible bad news we may have, that it just has a volatile impact with the way cattle futures is trading nowadays.”


By locking in price protection with LRP, Moss said producers can ensure a good profit coming into the fall months or early next spring, regardless of events that may impact the market.

Click here to listen to Ron Hays talk with Dakota Moss of Livestock Risk Services of LRP.
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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 RON News Director Ken Johnson.

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




OSU Ag hosts Lahoma Wheat Field Day on Friday

Oklahoma State University Agriculture will host its annual Lahoma Wheat Field Day this week for producers to learn about wheat varieties, breeding, fertility, disease and pest and weed management.


OSU Agriculture Field Days are educational events presented by OSU Ag Research and OSU Extension to share research-based information and resources with Oklahomans. Field days showcase current agricultural research and relevant best practices through presentations, tours, hands-on workshops and discussions.


Research at OSU locations across the state is often designed for specific applications based on region.


Check-in begins at 8:30 a.m. Continuing education units will be available.



For more information or to register, visit the OSU Agriculture Field Days website.

Click here for registration, schedule and more info

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



National Livestock was founded in 1932 in Oklahoma City. National’s Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures. 


One of the newest additions 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.

Markwayne Mullin Recaps Trip to Oklahoma Military Installations with Armed Services Committee Chairman Jack Reed

At the National Association of Farm Broadcasters (NAFB) annual Washington Watch event in Washington, D.C., Farm Director KC Sheperd had the chance to catch up with Senator Markwayne Mullin.


During the month of April, Mullin (R-OK), a member of the Senate Armed Services Committee (SASC), hosted U.S. Senator Jack Reed (D-RI), the Chairman of the Senate Armed Services Committee, on numerous Oklahoma military installations to better understand current needs and future readiness of the installations and their units. Mullin accompanied Chairman Reed on visits to Tinker Air Force Base (AFB), U.S. Army Fort Sill, and Altus AFB. They also visited the Will Rogers Air National Guard Base and McAlester Army Ammunition Plant.

Click here to read more and listen to KC Sheperd talk with Senator Markwayne Mullin about his trip to Oklahoma with Senator Jack Reed.

May Rains Cover the State and Push Back Drought- For the Time Being

The Oklahoma wheat needed a drink of water over this past weekend, and a LOT of the state did get some rain. In fact, according to State Climatologist Gary McManus, 77 counties in Oklahoma did receive *some* form of precipitation, but others didn’t get much.


“77-county rains," McManus said. "Technically, that’s correct, although some got a lot, some unfortunately still got a little. But, like it says…everybody got at least a little. Also, we’ve managed to largely reset these nasty-looking maps.”


If you look at the rains for all of May thus far- the drought that was starting to creep back into parts of Oklahoma has been largely slapped down for now. You can click on the map to see station by station Mesonet total rainfall since the start of May


McManus says we do have some other rain opportunities this week for rain.


According to the forecast this week, there is another chance of showers and thunderstorms moving in on Wednesday and Thursday and lesser amounts this coming weekend.

Click here to see weather charts and maps from the Oklahoma Mesonet

Agencies Release Biotechnology Regulatory Modernization Plan

Last week, USDA, EPA, and FDA jointly released a plan to modernize the U.S. federal regulatory system for products of biotechnology. This long-awaited plan was welcomed by ASA and comes as a positive next step for implementing a 2022 Executive Order from the administration that aims to advance the use of biotechnology and the bioeconomy. Public feedback was used to develop the plan, including comments provided by ASA and other stakeholders.


The regulatory plan is very comprehensive and includes proposed regulatory changes for many applications of biotechnology and genetic improvement technologies, including plant gene editing, animal biotechnology, genetically engineered microbes, biomedical applications, disclosure of bioengineered products, among others.


Going forward, ASA will more thoroughly review the plan to engage with the respective regulatory agencies to advance aspects of this plan that will enable better access to genetic innovations for farmers.

Click here to read the highlights of the plan of greatest interest to soybean production
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 $4.38 and Select Beef was up $3.01 on Monday 05/13/2024.


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

Boxed Beef Report

Oklahoma National Stockyards had 8,400 head on Monday, May 13, 2024.



Compared to last week: Feeder cattle and calves mostly steady. Demand moderate. Several large drafts of cattle available from graze off wheat or rye. Heavy rains moved across the state again over the weekend


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 05/13/2024

The Joplin Regional Stockyards had a total run of 6,686 head for Monday, May 13, 2024


Compared to last week feeder steers sold from 5.00 lower to 12.00 higher. Feeder heifers sold steady to 8.00 higher. Supply was moderate with good demand. 


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

Joplin Regional Stockyards Market from Monday 05/13/2024
OKC West in El Reno Market Report from 5/13/2024- Cows and Bulls were $2 to $4 Higher
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 05/13/2024
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 05/13/2024
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
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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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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