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And Ranch News

Friday, May 24, 2024

Have a Great Memorial Day Weekend!!!

See You Next Tuesday with our Next Email Update

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 


  • Early Friday Morning- House Ag Committee Passes 2024 Farm Bill 33-21

  • Majority of Drought Categories at Standstill While Others Improve Slightly

  • Present and Future of Beef Industry Technologies Discussed at Cattlemen’s Conference

  • USMEF Conference Opens with Focus on Differentiation, Long-Term Investment

  • Harvest Makes Progress in Southern Oklahoma, Wheat Ready in Parts of Central Oklahoma, but Delayed by Rain

  • Kim Anderson Recommends Selling Wheat Throughout the June to August period

  • If You are Following the Conversation about Reference Prices… Here are a Few Facts

  • OSU Extension Offers Proven Methods for Homesteaders

Early Friday Morning- House Ag Committee Passes Farm Bill 33-21

With Chairman GT Thompson pushing and pulling- the House Agriculture Committee early Friday morning advanced a farm bill after pushing back on Democratic efforts to halt cuts to nutrition and changes to conservation programs.

The bill, HR 8467, the $1.5 trillion “Farm, Food and National Security Act of 2024,” passed out of committee on a 33-21 vote with four Democrats joining 29 Republicans to back the bill. DTN has a comprehensive look at the bill that has come out of Committee- click here to read more.

Former Chairman of the House Ag Committee- Frank Lucas- was right there at the side of GT. Thompson as he got it done- “I applaud Chairman Thompson for completing the gargantuan task of passing this Farm Bill out of Committee. As a former Chairman of the House Ag Committee, I know firsthand just how difficult this process can be. Not only does this bill continue the good work done by the Committee over the last decade, but it secures much needed investments into the farm safety net and conservation title, all while assuring our neighbors that they have the calories they need. I am happy to support this essential piece of legislation and I look forward to working with the Chairman and my colleagues to advance this legislation on the House Floor.”

However- on the other side of Capitol Hill- Senate Ag Committee Chair Debbie Stabenow has NO interest in working with the Republicans- I’m glad that Chairman Thompson is working to move the process forward so that we can complete our work on the 2024 Farm Bill this year. Despite areas of common ground, it is now clear that key parts of the House bill split the Farm Bill coalition in a way that makes it impossible to achieve the votes to become law. And it is also clear that we do not have time to waste on proposals that cannot meet that goal."

Several Ag groups stayed up and offered immediate reaction to the work by the Committee- I am sure we will share many more later in the day on Friday- Click on the name of the group to see these early reactions:

National Cattlemen's Beef Association

National Milk Producers Federation

National Pork Producers

From Earlier on Thursday- Click here to read more and listen to Ron Hays talk with Allison Rivera ahead of the 2024 Farm Bill markup(on the sidelines of Cattlemen's Conference

Sponsor Spotlight

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Majority of Drought Categories at Standstill While Others Improve Slightly

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

Severe drought or worse is unchanged from the past two weeks at 5.91 percent.

Moderate drought or worse is now at 11.37 percent, improved from last week’s 12.13 percent.

Abnormally dry or worse is now at 29.60 percent, improved from last week’s 32.64 percent.

According to the 6-to-10-day precipitation outlook map, the majority of the panhandle and southern Oklahoma are leaning above a 40 to 50 percent chance of precipitation through June 1st. The rest of the state is leaning above a 33-40 percent chance of precipitation through that June 1st date.

Click here to read a national drought summary and to access this week's charts and graphs

Present and Future of Beef Industry Technologies Discussed at Cattlemen’s Conference

At Cattlemen’s Conference Part Two: Blueprint for the Future, I had the chance to catch up with the Executive Vice President of the American Hereford Association, Jack Ward, and talk about new technologies in the beef industry discussed at this year’s conference.

At last year’s conference, Ward said as he wrapped up discussions on the last day, he felt there was more to cover, hence the need for a part two.

“Last year we heard from some of the presenters about how we have turned the corner in terms of demand for beef and high-quality beef,” Ward said. “It is a more consistent product than what we did. We increased per capita consumption, we heard a lot about consumer preferences, we heard a lot from presenters in terms of the value of soil health and trying to work your way through that.”

Comparing this conference to last year’s there is a larger focus on regenerative ranching, heterosis, and gene editing. In his role working within a breed association, Ward said when it comes to new technologies, one thing to consider is what will be accepted by breed associations in years to come.

Click here to read more and listen to Ron Hays talk with Jack Ward at this year’s Cattlemen’s Conference
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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!

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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

USMEF Conference Opens with Focus on Differentiation, Long-Term Investment

Emphasizing the quality and consistency of U.S. red meat is the key to expanding the international customer base, according to the impressive lineup of opening day speakers on Wednesday at the U.S. Meat Export Federation (USMEF) Spring Conference in Kansas City. USMEF members from throughout the nation also learned about additional resources available to promote U.S. pork, beef and lamb in emerging markets through USDA’s new Regional Agricultural Promotion Program (RAPP). 

USMEF Chair Randy Spronk, a pork and grain producer from Edgerton, Minn., welcomed attendees with a reminder of how critical free trade agreements (FTAs) have been in creating global opportunities for the U.S. red meat industry. 

“Would we have found success in South Korea if U.S. beef was still tariffed at 40% and U.S. pork at 25%?” Spronk asked. “Would we have been able to develop Central and South America, or the Dominican Republic, into reliable destinations for U.S. red meat?”

While they are not full-blown FTAs, Spronk also praised the market access gains achieved in the U.S.-China Phase One Economic and Trade Agreement and the U.S.-Japan Agreement. 

The USMEF Spring Conference continues through Friday, May 24. Thursday’s program will feature a panel discussion on consumer perceptions of red meat products, as well as meetings of USMEF’s sector-specific standing committees. Friday’s general session will focus on the organization’s efforts to build global demand for underutilized beef and pork cuts.

Click here to read more about the USMEF Spring Conference

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- .

Harvest Makes Progress in Southern Oklahoma, Wheat Ready in Parts of Central Oklahoma, but Delayed by Rain

From the Oklahoma Wheat Commission- Oklahoma wheat harvest made good strides the last few days in parts of Southwest, Oklahoma. Producers as far North in the Okarche and Reeding area also were able to start earlier in the week before rains delayed progress on Wednesday morning. Samples and small cuttings were taken in at Greenfield. Cooler temperatures made for a late start in a lot of areas yesterday. High humidity, cloudy weather, with fog and mist today have hindered anything being cut this morning. Predicted rains late this afternoon/evening and over the weekend most likely will stall progress over the Memorial Day weekend. Wheat being taken in at all locations show favorable yields and quality.

Early reports in all locations show test weights ranging from 60 to 65 lbs. per bushel. Proteins ranging from 10.5% to 13.5%, with an overall average of proteins being reported at 11.0% to 11.2%. The wheat being harvested in Southwest Oklahoma has not been stressed as much, so it is thought proteins will get higher as harvest progresses North where we have drought stress. Early yields being reported at 40 to 45 bushels per acre in most regions. Higher yields being reported on intensively managed wheat with some yields on a few fields being reported in the mid 60’s to low 70’s. The regions where this is being reported is 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, Southwest, and Northern, Oklahoma over the past two weeks. Producers are hoping future predicted storms for tonight and over the weekend subside. The next harvest report to be published will be Tuesday, May 28th. 

Click here to read about harvest details from specific locations in southwestern Oklahoma

Kim Anderson Recommends Selling Wheat Throughout the June to August period

This week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson gives his weekly update from the fields of Lahoma at the OSU Lahoma Field Day.

“Out here, the farmers and ranchers are learning about raising wheat,” Anderson said. “They are learning how to produce it, they are learning soil fertility, and they are learning about production. All of that information on production has no value unless you can convert it to economics. You have got to know what the bottom line for each alternative is, and what the probabilities are that it is going to generate profit so you can select the one with the highest profitability to keep you in business.”

Looking at the prices from 2009 to 2013, Anderson said Oklahomans can easily see that is best to sell their wheat throughout the June, July, and August time period.

“The big point is, from the high to the low on the average, was $1.83, plus or minus 90 cents,” Anderson said. “Losing $1.83 because you sold it at the wrong time is a big problem. What you need to do when you are selling your wheat is to stagger it over that three-month time period, because you don’t know if the highest price is going to be at the beginning or the end.”

Click here to listen to Kim Anderson and see the lineup for this week on OSU SUNUP

If You are Following the Conversation about Reference Prices… Here are a Few Facts

There was a time when agricultural economists who focus on farm policy didn’t take a position on a farm bill proposal.  At least the authors of this article were taught by our mentors…just describe what’s in a policy proposal and don’t take a position…that’s not your job.  Good and bad was for others to decide…primarily elected officials since it is, in fact, their job.  Those days are over.  In the last two weeks since the House Agriculture Committee majority released details of their bill, there has been a steady stream of articles talking about the proposal’s reference price increases as being tilted to the South and Southern crops. 

We thought we would instead try to provide facts and information that you can use to help decide whether any proposed bill—House or Senate—is providing a safety net for all U.S. farmers.

Fact #1 

During the development of every farm bill, there are people who say unequivocally that one or more commodities are advantaged relative to others.  In the current environment – with ARC and PLC as the Title I safety net programs – since they are both countercyclical, producing a map that shows payments are higher in one area really means very little.  It very likely means that prices for those crops are lower and triggering payments, not that the farm bill was titled toward producers of those crops.

Click here to read more facts about reference prices from Southern Ag Today

OSU Extension Offers Proven Methods for Homesteaders

Homesteading has become more mainstream within the past decade as interest climbs in gardening and locally sourced products. With more than a century of experience and research, Oklahoma State University Extension is a valuable resource for homesteaders.

“People want to get back to their roots,” said Cheyenne PatrickOsage County Extension agriculture educator and Federally-Recognized Tribes Extension Program educator for the Osage Nation, who has organized local workshops on beekeeping, backyard chickens and breadmaking. “They want to learn how their grandma cooked because there for a while, many of us got pretty far away from that. Now we want to know what’s in our food and either make it or raise it ourselves.”

Mayes County resident Rachel Pritchett and her husband became interested in homesteading 20 years ago with a few backyard chickens. They garden, preserve fruit from their small orchard and manage a beehive. The family enjoys a form of modern homesteading that includes hunting, fishing and raising meat goats while creating content for their Hidden Heights Farm YouTube channel.

“The pandemic has exposed a need for homesteading,” Pritchett said. “It was a wake-up call for everybody when they couldn’t find bread and eggs were so expensive. How were people supposed to buy meat or milk? We’ve seen an increase in farmers markets with people going straight to the source.”

Click here for more on homesteading methods from OSU
Let's Check The Markets!
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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 Beef was down $2.23 and Select Beef was up 47 cents on Thursday 05/23/2024.

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:

OKC West in El Reno Market Report from 05/14 and 05/15/2023

Woodward Livestock Market from Thursday 0/5/16/2024

Oklahoma National Stockyards Market Report from 05/20/2024
Tulsa Stockyards for Monday 05/20/2024
Joplin Regional Stockyards Market from Monday 05/20/2024
Oklahoma National Stockyards Replacement Cattle for Tuesday 5/21/2024
OKC West in El Reno Market Report from 05/21 and 05/22/2024
Woodward Livestock Market from Thursday 5/23/2024
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 05/23/2024
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 05/23/2024
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.

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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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