Oklahoma's Latest Farm

And Ranch News

Tuesday, July 2, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • Wheat Harvest Near Complete with Producers Being Slowed in the Panhandle Due to More Rain



  • USDA Crop Progress – Hot Conditions Cause Oklahoma Crop Ratings to Slip as Wheat Harvest Wraps Up


  • Matt Perrier Encourages Producers to Actively Affect their Own Profitability


  • Elections for the 2025 National Pork Producers Delegate Body – August 2


  • U.S. Soy’s Matt Gast Commends Staff and Board Members for Excellent Soybean Promotion and Advocacy


  • A Look at Irish Agriculture With OSU’s Derrell Peel


  • Pecan Industry Votes to Continue Research and Promotion Program


  • 2024 Rabobank BBQ Index: Consumers Battle Fatigue Over Food Inflation

Wheat Harvest Near Complete with Producers Being Slowed in the Panhandle Due to More Rain

Below is the final wheat harvest report released by the Oklahoma Wheat Commission on July 1, 2024:


Wheat harvest is pretty-well wrapped up in all areas of the state but producers in the Panhandle still have had challenges on getting the irrigated wheat crop out as they have had more rains over the weekend that hindered them. It is thought that 35% to 40% of the crop within this region remains to be harvested. Test weights have dropped on the irrigated wheat from previous rain events, but overall statewide averages still look favorable. This will be the last harvest report of the season as the Oklahoma Wheat Commission is calling the state 97% complete with harvest.


General Report:  At the time of reporting today, test weights across the state were ranging from 56 to 64 lbs. per bushel, with lighter test weights in the Panhandle region due to the heavy rains over the past couple weeks. Statewide averages for test weights ranging from 60lbs. to 61 lbs. per bushel. Proteins ranging from 9% to 13.5% with an overall average of proteins being at 11.8% as of today. Yields being reported at 40 to 50 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 80’s. Irrigated wheat in the Panhandle reported to be making 75 to 85 bushels per acre, with some higher yields noted in a few places.  This will be the last harvest report of the season published by the Oklahoma Wheat Commission.


Statewide average numbers for Oklahoma:

  • Statewide test weight average 60 lbs. to 61 lbs. per bushel
  • Statewide protein average 11.8%
  • Statewide yield average 40 to 45 bushels per acre
Click here to see the Tuesday evening Thunderstorm potential and rain chances for the Panhandle over the Independence Day weekend

Sponsor Spotlight


Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.


The Tulsa Farm Show is Oklahoma’s premier agricultural and ranching event- and returns to the SageNet Center (Expo Square) December, 6-7-8, 2024. 


Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2024 Tulsa Farm Show.  To learn more about the Tulsa Farm Show, click here

 

Hot Weather Causes Oklahoma Crops Ratings to Slip as Wheat Harvest Wraps Up

USDA's Weekly Crop Progress reports that the 2024 Oklahoma wheat harvest is done just ahead of the July first- well ahead of normal- NASS has called harvest 100% complete in this latest report versus 84% done for the five year average and 73% complete at this point a year ago.


Our neighbors in the largest wheat producing state of Kansas has reached 80% complete this week- way ahead of the 49% five year average and the 39% harvested at the end of June 2023.


For our spring planted crops in Oklahoma- hot conditions have pulled crop conditions down from a week ago- Corn conditions rated 65 percent good to excellent, down one point from last week. Soybeans stand at 62% good to excellent this week- a drop of six percentage points from a week ago. Cotton is 69% good to excellent in the state- off six points from a week ago. AND Sorghum is just 52% good to excellent this week- off 8 points from a week ago.


US Pasture and range conditions in the 48 states have improved by one point this week versus a week ago to 48% good to excellent. One of the reasons the national number is up that one point may be the improvement seen down in Texas- they jumped six points to 37% good to excellent this week.


Here in Oklahoma- our pasture and range conditions are at 52% good to excellent- down five points- consistent with our declining spring planted crop ratings. Kansas also slipped a bit-off three points this week to 57% good to excellent. Our neighbors in Missouri continue to be in lush condition- at 82% good to excellent.


Worse spot in the US on Pasture and Range ratings continues to be New Mexico at 58% poor to very poor- but that is an improvement of 11 points this week.

Click here to read crop progress summaries for the U.S., Kansas and Texas, and to see this week's reports

Matt Perrier Encourages Producers to Actively Affect their Own Profitability

Matt Perrier, a Kansas Rancher spoke with me about producer profitability during the LMA Convention held in downtown Oklahoma City this past month.


Perrier is a past president of the Kansas Livestock Association, currently serves on the Kansas Beef Council Executive Committee, and has served on various local, state and national boards in the livestock industry.


Perrier encouraged producers to be proactive in positively affecting their individual profitability on their own. He said, “Producer profitability comes from a lot of directions and there are a lot of directions that it goes to. No two segments, regions, or cattle producers within a neighborhood are the same. There are plenty of things in the beef industry that are challenges that affect producer profitability, and we tend to dwell on those instead of asking, ‘What is the environment? What is the market? What are the opportunities telling us that we need to do to positively affect profitability.’”


Typical to the Capitalist country that the U.S. is, not everyone is going to profit; however, when taking into account sustainability, long term profitability is the most important piece. Regardless of a producer’s choice of lifestyle or stewardship methods, if they don’t profit enough, they aren’t going to continue.

Click here to listen to Ron Hays talk with Matt Perrier about producer profitability
Sign Up for Our Daily Email- Free Because of Our Sponsors!

Support Our Sponsors!

KIS logo
Advertise With Us!

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




Elections for the 2025 National Pork Producers Delegate Body – August 2

The election of pork producer delegate candidates for the 2025 National Pork Producers (Pork Act) Delegate Body will take place at 2 p.m., Friday, August 2, 2024, in conjunction with the Oklahoma Pork Council Annual Meeting at the Colcord Hotel, 15 N Robinson, Oklahoma City, OK 73102. All Oklahoma pork producers are invited to attend.


Any producer, age 18 or older, who is a resident of Oklahoma and has paid all assessments due may be considered as a delegate candidate and/or participate in the election. All eligible producers are encouraged to bring with them a sales receipt proving that hogs were sold in their name and the Checkoff deducted. Nominations will be accepted from the floor.


For more information, contact the Oklahoma Pork Council at 405-232-3781.


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 Tuesday morning farm and ranch news with KC Sheperd
Subscribe To the Daily Email

Sponsor Spotlight




Great Plains Kubota is Oklahoma's family of full-line Kubota dealerships offering Kubota sales, service, and parts. As an Oklahoma Elite Kubota dealer, we have a large selection of Kubota Tractors, Kubota Mowers, Kubota Utility Vehicles, Kubota Construction Equipment and Kubota's line of Hay Tools. Give us a call today at 855-4KUBOTA or stop by any of our Kubota dealerships in Ada, Ardmore, Duncan, Edmond, Shawnee, Norman, Stillwater and our newest location serving western Oklahoma and beyond, Clinton. To schedule a DEMO with one of our Outside Salesmen, email gpsales@gpkubota.com Visit us and see why Great Plains Kubota is... the brand that serves! 

U.S. Soy’s Matt Gast Commends Staff and Board Members for Excellent Soybean Promotion and Advocacy

Farm Director KC Sheperd is talking with United Soybean Board Director, Communication and Education Chair, Matthew Gast, about the latest innovations for soybeans, Checkoff work, and more.


While animal agriculture is the biggest customer of the soybean industry, Gast said the presence of soybean crush facilities has increased. Gast said soybean use continues to grow, as soybean oil has recently been used to make tires, firefighting foam, synthetic lawn turf, and much more.


“We are continually finding new uses for soy and expanding what it is used for,” Gast said. “We are very proud of those things and things that we have funded and projects to help increase the value of U.S. soybeans.”


Every five years, Gast said the Soybean Checkoff performs a Return on Investment study. As of now, Gast said for every dollar a farmer puts into the checkoff, they get a $12.34 return on investment.

Click here to read more and listen to KC Sheperd talk with Matthew Gast about the latest U.S. Soybean Board work

A Look at Irish Agriculture With OSU’s 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 agriculture in Ireland.


The 2024 Ferguson College of Agriculture Study Abroad group crossed from Scotland to Ireland by ferry to finish up the two-week experience. The island of Ireland is just slightly larger than Scotland; both are about the size of South Carolina. Ireland consists of Northern Ireland, part of the U.K. in the six northern counties and the Republic of Ireland making up the remaining 83 percent of the island. Over 80 percent of land in Ireland is used for pasture and hay production, with under 10 percent used for arable crop production. However, some of the cropped area is extremely productive. Major crops are wheat, barley and oats. The photos provided show winter wheat production in northeastern Ireland and the size of the developing wheat heads relative to my hand. Average wheat yield is about 175 bushels/acre. 


Unlike the U.K., cattle outnumber sheep in Ireland with a total cattle inventory of 6.6 million head, compared to 4.0 million sheep. The are 1.5 million dairy cows in the country compared to 0.9 million beef cows. Dairy production is a huge industry with over 90 percent of dairy products exported. Most dairies are pasture-based on ryegrass forage (photo below). Dairy production is seasonal with many cows bred to calve in the spring so that lactation coincides with summer pasture production. Dairy production drops sharply in the winter months, with export production sharply curtailed and domestic fluid milk production maintained by a small set of specialized dairy farms.

Click here to see photos provided by Dr. Peel from the Ferguson College of Agriculture's trip to Ireland

Pecan Industry Votes to Continue Research and Promotion Program

The U.S. Department of Agriculture (USDA) announced today that pecan producers and importers voted to continue the American Pecan Promotion Board’s research and promotion program.


In the referendum held May 10 through June 10, 2024, 74.89% of pecan producers and importers voted in favor of continuing the program. This meets the requirement that the majority of those voting were in favor of the program continuing.


The Pecan Promotion, Research, and Information Order, which established the American Pecan Promotion program, requires USDA to conduct an initial referendum no later than three years after assessments are first collected. Subsequent continuance referendum will be conducted every seven years or at the request of 10% or more of all eligible pecan producers and importers.



More information about the program is on the Agricultural Marketing Service (AMS) American Pecan Promotion Board webpage and on the American Pecan Promotion Board website.

Click here to read more about the Pecan Promotion and Research Program and industry-funded research and promotion boards

2024 Rabobank BBQ Index: Consumers Battle Fatigue Over Food Inflation

Over the past five years, a series of macro factors have catapulted prices higher, weighing on their wallets and testing their endurance. These hurdles included geopolitical crisis, severe drought, higher restaurant overhead and wages, rising interest rates and higher inflation throughout the supply chain.


As a result, food inflation jumped 25% from 2019 to the end of 2023. But the additional inflation we have seen in the first half of 2024 on top of that, albeit far more modest, has been the tipping point. Many consumers who stayed the course by continuing to spend in the face of 40-year highs in food prices are now pulling back and reevaluating their budgets.


“The consumer is waving the white flag on food inflation,” said Tom Bailey, senior consumer foods analyst at Rabobank. “With an added 2% in price hikes in 2024 coupled with the cost disparity between dining out and cooking at home at its widest margin in history, we’re seeing heightened fatigue and frugality.”

Click here to read the full 2024 Rabobank BBQ Index
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 $2.86 and Select Beef was up $1.91 on Monday 07/01/2024.


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

Boxed Beef Report

Oklahoma National Stockyards had 2.700 head on Monday, July 1, 2024.


Compared to last week: Steers and heifers 4.00-8.00 higher with instances of up to 15.00 higher. Even with the holiday week and hot temperatures, buyers were aggressive for all classes of cattle. Demand very good. Quality average.


Click below for the complete closing report.

Oklahoma National Stockyards Market Report from 07/01/2024

The Joplin Regional Stockyards had a total run of 6,620 head on Monday, July 1, 2024.


Compared to last week feeder steers sold steady to 4.00 higher. Feeder heifers sold from 10.00 lower to 4.00 higher. Weaned and vaccinated cattle were in much more demand over non-worked cattle. Supply was moderate with very good demand. Supply included: 100% Feeder Cattle (62% Steers, 37% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 71%.


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

Joplin Regional Stockyards Market from Monday 07/01/2024
OKC West in El Reno Cow and Bull Market Report from 07/01/2024- Cows and Bulls Were Mostly 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 07/01/2024
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 07/01/2024
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
Auctions
Market Links
Facebook  Twitter  Youtube  

Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm BureauOklahoma Ag Mediation ProgramGreat Plains KubotaStillwater Milling CompanyNational Livestock Credit CorporationOklahoma Beef CouncilOklahoma Wheat Commission, Oklahoma 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

***************

Mike Henderson
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