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Oklahoma's Latest Farm

And Ranch News

Thursday, May 30, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • LMA Convention and World Livestock Auctioneer Championship Heads to OKC June 12-15


  • Mark McCully on Remembering the Consumer When it Comes to New Beef Industry Technologies


  • Grills are Heating up Nationwide, and So is Demand for Beef


  • Congressman John Duarte Discusses What The States Can Learn from California’s Mistakes


  • Farmers Edge and National Sorghum Producers Join Forces to Empower Growers for Climate-Smart Commodities Grant


  • Genetics to Improve Profit Potential with OSU’s Mark Johnson


  • Mike VanMaanen Elected President of Livestock Marketing Association

LMA Convention and World Livestock Auctioneer Championship Heads to OKC June 12-15

Yesterday, I talked with Ben Hale of Western Livestock Auctions about the upcoming 2024 LMA Convention and World Livestock Auctioneer Championship. Hale is a member of the board of directors of the Livestock Marketing Association based out of the Kansas City area.


On June 12-25, the LMA Convention will be held in Oklahoma City at the Omni Oklahoma City Hotel, and the World Livestock Auctioneer Championship will be held at Oklahoma National Stockyards. Hale said auctioneers will be coming from across North America to compete in the championship.


The 2024 Livestock Marketing Association (LMA) Annual Convention brings together livestock auction market operators, livestock dealers, livestock auctioneers and others who share a vested interest in promoting the true price discovery method of marketing livestock. The three-day convention is held in conjunction with the premier livestock auctioneer contest, the World Livestock Auctioneer Championship (WLAC). This will be the 60th year of the contest where 31 auctioneers compete for the title of champion. Join this elite group for business meetings, industry discussions, guest speakers, a trade show, local tours, dinner events and world class competition. 



“There is lots of talent there that will be showcased,” Hale said.


Aside from the contest, Hale said there will be plenty of meetings and sessions to attend.


Four of the 31 auctioneers that will be a part of contest in June call Oklahoma home- Dakota Davis of Waukomis, Justin Dodson of Welch, Jeremy Miller of Fairland and Dustin Smith of Jay,

Click here to read more and listen to Ron Hays talk with Ben Hale about the upcoming LMA Convention and World Livestock Auctioneer Championship

Sponsor Spotlight

 

As the premier John Deere dealer across Oklahoma & Arkansas, P&K Equipment is proud to serve our 20 communities and the surrounding areas. From residential, small ag & hay, large ag, & compact construction equipment- the P&K team makes it easy to buy & own your John Deere equipment. You’ll find transparent pricing & easy financing options on the website & in stores. You’ll have technology, sales, parts, and service support long after the sale. So when you’re ready to experience the ease of operating John Deere equipment- you can trust the experts at P&K Equipment.

Mark McCully on Remembering the Consumer When it Comes to New Beef Industry Technologies

At the recent 2024 Cattlemen’s Conference at Oklahoma State University, I caught up with the CEO of the American Angus Association, Mark McCully, and talked about gene editing of the Angus breed.


Looking back on the cattle industry many years ago, McCully talked about the strides that have been made in terms of technology and innovation. Now with gene editing, McCully said there is the ability to advance animal health, wellness, and more.


Many have different feelings about gene editing, McCully said, as some individuals are excited about what this technology can mean for the beef industry, while others fear its potential.


“I think it is a very timely discussion, but it is a complicated one, because it is very technical, and to some people, it becomes very scary,” McCully said.


One of the most important things to remember when adopting this technology is how the consumer will accept it, McCully said, because keeping the trust of consumers is vital.

Click here to read more and listen to Ron Hays talk with Mark McCully about gene editing and more

Grills are Heating up Nationwide, and so is Demand for Beef

Memorial Day is first and foremost a time for Americans to honor military personnel who died serving their country. It’s also the unofficial kick-off to summer – and grilling season, stimulating demand for all types of animal proteins, including beef.


Though the July Cattle Inventory has been discontinued by USDA’s National Agricultural Statistics Service, we can use other reports to piece together the cattle and beef market outlook. This Market Intel covers three beef reports to tell the story of where markets and grocery store prices are headed as we kick off grilling season.



USDA’s monthly Cattle On Feed report, published on May 24, estimates that there were 11.6 million head of cattle on feed on May 1, up 1% from May 2023. Cattle placed on feed in April were estimated to be 1.66 million, down 6% from April 2023. Cattle marketed in April totaled 1.87 million head, up 172,000 head or 10% from 2023. Cattle on feed for 120-plus days was 4.72 million, down 4.5% from last month, but up about 5.5% from this time last year. This still leaves higher numbers of fed cattle available in the short run and should help keep beef prices from skyrocketing through the summer.

Click here to read more from AFBF on USDA Cattle on Feed and more
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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




Congressman John Duarte Discusses What The States Can Learn from California’s Mistakes

At the 2024 National Association of Farm Broadcasters (NAFB) Washington Watch event in Washington, D.C., members of NAFB, including Farm Director KC Sheperd, had the chance to hear from one of the junior Congressmen on the House Ag Committee Congressman John Duarte. Duarte represents the central valley of California and is also a fourth-generation farmer.


Duarte first talked about resource abandonment in agriculture and its impact on American working families. To solve this issue, Duarte highlighted the need for policies that support farmers.


Although some American families are doing well and some salaries have been increased, Duarte said the Biden Administration is increasing interest rates at the same time. Now, Duarte said home affordability, energy affordability and more is on the wrong track due to a broad category of policies he calls resource abandonment.


“Sadly, when we are not abandoning our resources in agriculture, we tend to want to misdirect them towards uses that aren’t feeding humans or feeding things that feed humans,” Duarte said. “I think that is a crisis and I think that is coming down on the backs of American working families.”

Click here to read mor and listen to California Congressman John Duarte as he talks to Farm Broadcasters on Capitol Hill

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 Thursday Farm and Ranch News with KC Sheperd
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Sponsor Spotlight



Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company’s long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more about their products and services.

 

Farmers Edge and National Sorghum Producers Join Forces to Empower Growers for Climate-Smart Commodities Grant

Farmers Edge™, a pure-play digital ag company, and the National Sorghum Producers (NSP) are excited to announce a new strategic partnership aimed at enhancing sustainable farming practices for sorghum growers. This strategic partnership will support growers participating in NSP’s Partnerships for Climate-Smart Commodities (PCSC) grant program funded by the U.S. Department of Agriculture. Together, Farmers Edge and NSP will help growers seamlessly integrate advanced technology solutions for capturing essential on-farm data, including Carbon Intensity (CI) scoring, thus contributing to broader environmental goals.


Using FarmCommand®, Farmers Edge’s end-to-end platform, growers can make more informed management decisions, monitor and improve their CI scores, and easily work with NSP to extract and export data verifying their environmental impact. With this data, growers have an opportunity to monetize their sustainability initiatives, solidifying sorghum as a climate-smart commodity and supporting their farms’ long-term financial viability.


“We’re proud to partner with the National Sorghum Producers,” said Vibhore Arora, CEO of Farmers Edge. “Through our customized technology solutions, we’re committed to supporting NSP in simplifying sustainability reporting and assisting their growers in accessing new revenue streams for climate-smart farming practices.”

Click here to read more about Farmers Edge and National Sorghum Producers teaming up to Empower Growers for Climate-Smart Commodities Grant

Genetics to Improve Profit Potential with OSU’s Mark Johnson

Mark Johnson, Oklahoma State University Extension Beef Cattle Breeding Specialist, offers herd health advice as part of the weekly series known as the “Cow Calf Corner,” published electronically by Dr. Peel, Mark Johnson, and Paul Beck. Today, Johnson talks about genetics in relation to profit.


Commercial cow-calf operations should take advantage of both additive and non-additive genetic effects. This can be accomplished in two phases: 1) determining which breeds to incorporate into a well-designed crossbreeding system in order to gain hybrid vigor and breed complementarity; and, 2) selecting sires within those breeds based on strong additive genetic values (in the form of EPDs) for the traits of primary economic importance in your production and marketing system.


The results of a well-designed crossbreeding system are primarily realized through the advantages of the crossbred cow. Crossbreeding for the sake of crossbreeding is not suggested. Selecting the right breeds based on additive genetic strengths and complementarity is critical. A well designed crossbreeding system will require an additional level of management and considerations. Determining if sires will be used as terminal or rotational. If replacement heifers are to be purchased from outside sources or produced from within should be part of the planning process.

Click here to read more from Mark Johnson on the results of a well-designed crossbreeding system

Mike VanMaanen Elected President of Livestock Marketing Association

Mike VanMaanen married into a family of Livestock Marketing Association members in the 1980s, but never dreamed he’d one day lead the organization. Even though he immediately recognized the benefits of membership, he thought he was too busy to get involved or since his niche market wasn’t nationally known, he didn’t have a place. Soon enough, VanMaanen learned he was wrong on both accounts, and May 17, he was elected president.


VanMaanen, who grew up on a corn, soybean and hog farm in Iowa, attended Missouri Western State University, where he graduated with degrees in agricultural economics and agronomy. It was there he met Lori Angell, a third-generation livestock marketer. The two married soon after graduation and joined her family’s auction market business in Columbia, Missouri, and bought into it in 1990. In 2000, the couple, along with two of her cousins, took over Eastern Missouri Commission Co., in Bowling Green. Last year, they became sole owners.


The World Livestock Auctioneer Championship was VanMaanen’s gateway to Livestock Marketing Association leadership, first serving as a judge in the Parsons, Kansas, qualifier in the fall of 2009 and at the finals in Oklahoma City the following summer. He joined the association’s government and industry affairs committee in 2014 and the board of directors in 2016. During his tenure on the board, he also chaired the membership services committee for two years. He said his time on the board has had many highlights, and he looks forward to what’s to come.

Click here to read more about Mike VanMaanen, the new Elected President of the Livestock Marketing Association
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 Beef was up $1.50 and Select Beef was down 95 cents on Wednesday 05/29/2024.


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

Boxed Beef Report

OKC West in El Reno had 7.329 head on Tuesday and Wednesday of this week.


According to USDA Market News- Compared to last week: Feeder steers sold steady to 1.00 higher. Feeder heifers traded 1.00-4.00 higher. Demand good to very good. Steer and heifer calves sold mostly steady on limited comparable sales. Demand remains good. Harvest is in full swing in the southern part of the trade area.


Meanwhile- OKC West Manager Bill Barnhart offers these comments on the OKC West Facebook page- "After a positive cattle on feed report Friday the futures surged ahead Tuesday only to fall flat today. However, the cash feeder market was steady to 4.00 higher on a nice run of cattle. With Memorial Day behind us and a lot of wet weather the wheat cattle have lost a lot of their bloom and flesh condition now favors the buyer. No fat cattle trade as of yet but we did pick up more ground last week, 187-192.


Click below for the complete closing report.

OKC West in El Reno Market Report from 05/28 and 05/29/2024
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 05/29/2024
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 05/29/2024
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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Radio Oklahoma Ag Network

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