Oklahoma's Latest Farm

And Ranch News

Tuesday, May 21, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Congressman Frank Lucas Gives Insight on 2024 Farm Bill Progress and Priorities


  • Oklahoma Winter Wheat Rates 51 Percent Good to Excellent as Southwest Oklahoma Starts Harvest


  • 2024 Oklahoma Wheat Harvest Has Begun


  • Derrell Peel Sees Better Pasture and Hay Conditions in 2024


  • NCBA’s Ethan Lane Weighs in on GT Thompson’s 2024 Farm Bill Proposal


  • NAWG President Keeff Felty Provides Farm Bill Comments and Wheat Harvest Update


  • NSP Supports House Agriculture Committee’s Progress to Farm Bill Markup


Congressman Frank Lucas Gives Insight on 2024 Farm Bill Progress and Priorities

Yesterday, I had the chance to talk with Congressman Frank Lucas about the House Committee on Agriculture Chairman Glenn “GT” Thompson’s 2024 Farm Bill proposal which was released last week. Lucas is the former Chairman of the House Committee on Agriculture and now serves as the Senior member of the committee, aiding in the completion of the 2024 Farm Bill.


The markup of the 2024 Farm Bill is scheduled for May 23, 2024- click here for current details as found on the House Ag Committee website.


“We don’t need to rewrite the entire Farm Bill,” Lucas said. “We did that in ’14 when I was Chairman. We modified and improved in ’18, and now it is time to do that process again. By looking at the commodity title, conservation and development, and all of those sections, I think the Chairman has done an exceptional job, and I think we will be pleased with what we see.”


Lucas said the controversial part of the bill will most likely be the nutrition title, as this title is usually the main priority of Democrats in the committee.


“When the Biden Administration first came in, they had a Democrat majority in the House and Senate,” Lucas said. “Their goal was to spend money, not just in conservation but across the entire gamut of the Federal Government. The allocated moneys that could not be spent in a timely or orderly fashion. In this Farm Bill, we are going to reallocate those dollars to existing programs like EQIP (Environmental Quality Incentives Program) that have demonstrated themselves time and time again.”


Lucas and Hays also talked more about crop insurance ,support for conservation and market promotion programs, the OFF Act, GIPSA provisions, and more.

Click here to read more and listen to Ron Hays talk with Congressman Lucas about the 2024 Farm Bill.

Sponsor Spotlight



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Oklahoma Winter Wheat Rates 51 Percent Good to Excellent as Southwest Oklahoma Starts Harvest

For the U.S., winter wheat was 69 percent headed, which was 11 points ahead of 58 percent at this time last year and 12 points ahead of the five-year average of 57 percent. 9 percent of the crop was rated in good-to-excellent condition, down 1 from the previous week but still up considerably from 31 percent a year ago. The percentage rated very poor to poor held steady at 18 percent.


In Oklahoma, winter wheat conditions rated 51 percent good to excellent, 35 percent fair and 14 percent poor to very poor. Last week’s conditions rated 53 percent good to excellent, 35 percent fair and 12 percent poor to very poor. This time last year, conditions rated 10 percent good to excellent, 38 percent fair and 52 percent poor to very poor.


Oklahoma's pasture and range conditions rated 57 percent good to excellent, 36 percent fair and 7 percent poor to very poor. Last week’s conditions rated 53 percent good to excellent, 36 percent fair and 11 percent poor to very poor. This time last year, pasture and range conditions rated 33 percent good to excellent and 49 percent poor to very poor.


Kansas Wheat Crop Conditions have improved to 33% good to excellent this week- versus 31% a week ago. Ninety percent of the Kansaas crop is now headed- versus 73% one week ago- the crop remains at least a week ahead of normal dverlopment.


In Texas,  winter wheat conditions rated 39 percent good to excellent, 39 percent fair and 22 percent poor to very poor. Last week’s conditions rated 42 percent good to excellent, 35 percent fair and 23 percent poor to very poor. This time last year, conditions rated 23 percent good to excellent, 32 percent fair and 45 percent poor to very poor.

Click here to read more on this week's crop progress and to access reports

2024 Oklahoma Wheat Harvest Has Begun

According to the Executive Director of the Oklahoma Wheat Commission, Mike Schulte, Oklahoma wheat harvest has started in multiple locations in Southwest Oklahoma over the weekend, with the wheat being 10 days ahead of normal schedule.  It has been reported that over 100,000 bushels was received between locations at Grandfield and Devol. Trucks have also been received at Frederick. Early cutting has also started around Temple, Walters and Chattanooga. Test cutting has taken place around Altus with some producers hoping to start this afternoon(Monday).

 

Early reports in all locations show test weights ranging from 60 to 63 lbs. per bushel. (The wheat reported at 60 lbs. per bushel was at a higher moisture level, so producers are hopeful as moisture goes down test weights will still go up.)


Proteins ranging from 11.1% to 12.5% with more of the proteins on early cuttings being reported in the 11.9% to 12.5% range. Early yields being reported at 40 to 45 bushels per acre. Higher yields are predicted on intensively managed wheat. Keep in mind this region has been considered the bright spot of the state for growing conditions this year. The state has received a large amount of hail damage in South Central, Oklahoma last night with large amounts of hail damage in other regions of Southwest Oklahoma and Northern Oklahoma over the past two weeks. 


A more comprehensive report will be published on Thursday, May 23, 2024.

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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 Radio Oklahoma Network News Director Ken Johnson.

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




Better Pasture and Hay Conditions in 2024

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 pasture and hay conditions.


As forage production moves into full swing, conditions for pasture and beginning hay stocks are in significantly better shape compared to last year. Released in the May Crop Production report from USDA-NASS, total U.S. hay stocks on May 1 were 21.0 million tons, up 46.6 percent year over year. That percentage speaks not only to improvement this year but just how bad last year was. The current May 1 total stocks are 8.9 percent higher than the 10-year average from 2013-2022. One year ago, the May 1 stocks were 25.7 percent below the ten-year average. The improvement in hay stocks indicates that producers generally got through the winter in better shape and still have some forage reserves going forward.


Figure 1 shows the May 1 hay stocks for the eight largest beef cow states. These states represent just over 51 percent of the total beef cow inventory of the country. May 1 hay stocks in the states in Figure 1 were mostly higher year over year, some significantly higher. Only Missouri and Kentucky had fractionally lower hays stocks this year. Hay stocks in these eight states are collectively up 81.4 percent year over year and are 9.4 percent above the ten-year average. These major beef cow states accounted for 54.0 percent of the total U.S. May1 hay stocks.

Click here to read more from Derrell Peel on pasture and hay conditions

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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NCBA’s Ethan Lane Weighs in on GT Thompson’s 2024 Farm Bill Proposal

In this episode of Beef Buzz, I am talking with Vice President of Governmental Affairs at the National Cattlemen’s Beef Association, Ethan Lane about House Committee on Agriculture Chairman GT Thompson’s 2024 Farm Bill proposal.


“We know what is in the draft and we are very comfortable with the product that GT and his team have put together,” Lane said. “This is a bill that comes from a team that has paid a lot of attention to ensuring that the cattle industry’s priorities are addressed, that this bill is a product that should be bipartisan, even though it is not being treated that way by that minority party in the House of Representatives or said Democrats for that matter at this point.”


Lane said the 2024 Farm Bill aims to address some of the larger issues impacting the cattle industry.


“The reality is that the Inflation Reduction Act created 20 billion dollars in conservation in funding before the Farm Bill process started, but with constraints that don’t exist in the Farm Bill writ large, or haven’t up to this point,” Lane said. “GT’s draft seeks to get that money back into a broader strategy for ensuring that those programs keep up with inflation. There is funding in place to increase money going to valuable programs for producers across the country. That is going to be a fight because Democrats feel like they have something there with this climate-focused implementation of popular programs like EQIP (Environmental Quality Incentives Program).”

Click here to read more and listen to Ron Hays talk with Ethan Lane about GT Thompson’s 2024 Farm Bill Proposal

NAWG President Keeff Felty Provides Farm Bill Comments and Wheat Harvest Update

Last week after the Farm Bill session featuring the Republican leader of the Senate Ag Committee, Farm Director KC Sheperd had the chance to talk with Oklahoma farmer and National Association of Wheat Growers President Keeff Felty about priorities for wheat growers in the 2024 Farm Bill.


“The high points were reiterating our asks since June 2022 and focusing on some of the things that are being put forward by Chairwoman Stabenow and her proposed legislation and language,” Felty said. “The Senate language has not been released yet, so we don’t have an official version.”


Felty also emphasized the importance of completing a Farm Bill during this current Congress. Between the House and Senate Farm Bill proposals, Felty said the House version leans more toward the priorities of NAWG.


Switching gears to Oklahoma’s wheat harvest, Felty said the crop looks above average. He expects combines to start rolling pretty quickly and expects Harvest to start by the end of this week in Jackson County.


“Wheat Crop looks pretty good, above average. We have not been overly wet, but we have had timely rains,” Felty said. “I think it has potential.”


Click here to read more and listen to KC Sheperd talk with Keeff Felty about NAWG’s Farm Bill priorities and the Oklahoma wheat harvest

NSP Supports House Agriculture Committee’s Progress to Farm Bill Markup

National Sorghum Producers commends the House Committee on Agriculture as they commence markup this week on the 2024 Farm Bill, particularly in the face of economic uncertainty and rising costs for U.S. sorghum producers. NSP is optimistic the proposal by Chairman Glenn “GT” Thompson will bolster much-needed protection and relief for America’s farmers and ranchers.


“NSP is very pleased with the commitment and efforts of Chairman Thompson, and the entire House Ag Committee in ensuring a robust farm bill for sorghum producers,” NSP Chairman Craig Meeker, a sorghum farmer from Wellington, Kansas, said. “We are eager to assist the committee in advancing a bill that will reinforce the safety net, strengthen crop insurance and conservation programs, which are key provisions for sorghum farmers.”


The committee’s focus on putting “more farm in the farm bill” by enhancing Title I is an essential improvement to the strength of U.S. agriculture producers. The legislation also includes critical improvements to crop insurance that encourage participation and help strengthen the safety net, the expansion of conservation funding by incorporating Inflation Reduction Act funds into the farm bill baseline, increased funding authorization for the Foreign Market Development (FMD) and Market Access Program (MAP), and the authorization for Section 9005 and other “orphan” programs that have previously lacked consistent support but are important to U.S. sorghum ethanol producers.


“In the lead-up to the 2024 bill, the House Ag Committee has conducted multiple hearings, listening sessions and meetings where NSP highlighted the priorities of the National Sorghum Producers,” Meeker said. “We are confident the committee is poised to deliver a farm bill that will significantly benefit sorghum producers across the United States, and we look forward to working with committee members to advance this important legislation.”

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 mixed- Choice was down 75 cents and Select Beef was up $1.95 on Friday 11/20/2020.


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, May 20, 2024.



 Compared to last week: Steers 3.00-6.00 higher. Heifers 4.00-8.00 higher. Heifers light 8 weights up to 12.00 higher. Demand good. Quality average.


NO Sale Next Monday on Memorial Day 2024.


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 05/20/2024

The Joplin Regional Stockyards had a total run of 9,804 head Monday May 20, 2024..


Compared to last week feeder steers are sold from 4.00 lower to 10.00 higher. Feeder heifers sold 6.00-12.00 higher. Supply was heavy with very good demand. Supply included: 100% Feeder Cattle (50% Steers, 47% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 59%. 


No Sale Next Monday on Memorial Day, 2024.


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

Joplin Regional Stockyards Market from Monday 05/20/2024
OKC West in El Reno Cow and Bull Market Report from 105/20/2024- Prices $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 05/20/2024
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 05/20/2024
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
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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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