Farm Director KC Sheperd caught up with Brent Ladd, OSU Assistant Extension Specialist for Agricultural Economics to talk about the 2024 Rural Economic Outlook Conference, slated for Wednesday, October 16, 2024, and held on the Oklahoma State University Campus in the Conoco Phillips Alumni Center.

Each year the event includes a great lineup of speakers including keynote speakers from outside of the OSU campus and also some speakers from within the faculty body.

“This year the two keynote speakers are Randy Daniels, Chief Risk Officer at Triangle Insurance, and Kenny Burdine, Extension Professor of Livestock Economics at the University of Kentucky.”

Daniels will discuss the impact of the agricultural insurance market on the ag industry. Burdine will talk about livestock risk protection insurance for feeder cattle.

A much-anticipated event at the Conference is the rapid-fire panel. “This year Dr. Rodney Jones will do the ag finance update, and Dr. John Michael Riley will provide the grain markets update in place of Dr. Kim Anderson, since he recently retired,” Ladd noted.



Everyone is invited to attend the Rural Economics Conference, but it will be especially geared toward producers, extension personnel, agricultural lenders, and policy makers.

 

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, 12-13-14, 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. 

OSU Grad Student Alexis Main is a California transplant- having come from Modesto, California to finish her undergraduate degree in Animal Sciences at Oklahoma State- and then staying to work on a PHD in Stillwater as well. She’s actually involved in a program has allowed her to go straight to work on a doctorate and is now closing in on that degree.

We caught up with the OSU Grad Student after we judged the DairyMAX Cow to Cone Homemade Ice Cream Contest this past Sunday at the State Fair of Oklahoma.

In today’s Beef Buzz- Alexis tells Oklahoma Farm Report’s Ron Hays about what has led her to this choice of engaging in pursuing a doctorate emphasizing animal welfare. “I interned with the Animal Ag Alliance and did their College Aggies Online program and that really helped me build my passion for advocating for animal agriculture and just sharing information with people- you don’t realize how many people don’t know why we do what we do- what practices we do and the science behind it- and so after that and few classes that I had taken- it just fell into my lap and I really loved it.”

She is a big believer in telling the story of animal agriculture, saying it is important for the industry to be transparent as possible with the consumer- “It’s very important. Especially coming from California, we have seen in Prop 2 and Prop 12 that if consumers don’t understand what they are really voting for- it sounds good but they don’t know the repercussions of that and what the actual impact is.”

John Deere is Launching Autonomous Capabilities for its Tillage Equipment

Back at the John Deere booth at the Farm Progress Tradeshow in Boone, Iowa, our own Maci Carter found Michael Porter, Go-To Market Manager for Large Tractors, Tillage, and Scrapers, and spoke to him about some of John Deere’s new tillage launches, like the MT or minimum till rippers and the CC or Coulter Chisel line up just launched the week before Farm Progress. The conversation also migrated to autonomous technology.

The new MT Series replaces the 2100 Minimum-Till Ripper and is a deep, subsoil, inline ripper that breaks up the compaction layer with minimal surface disruption. “With this new line up, we are excited to be bringing an MT11, or an eleven-shank inline ripper,” Porter detailed. “Previously, with the 2100, we only had out to a nine-shank. This ripper isn’t only a wider implement, but it also brings twice the wear life on all of our standards.”

The CC Series is in answer to customer demand for a coulter chisel. The eleven-shank will fit a small row crop operation or the CC25, with 25 shanks, will fit nicely behind a higher-powered tractor like the new 9RX.

“Both implements have the TruSet Active technology,” Porter explained. “It gives the ability to set it and forget it. That really plays into effect when we talk about the CC series which is also autonomy-ready from the factory. Autonomy-ready means that we are installing all of the harnessing, and any controllers needed for autonomy, including our StarFire Receiver nest. All the customer needs to do is add their StarFire Receiver and hook it to one of our autonomous tractors, and they will have an autonomous tillage solution.”

The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released two new impactful reports regarding the 20% Small Business Tax Deduction, which is scheduled to expire at the end of next year. The reports illustrate what will happen to the small business economy if Congress makes the 20% Small Business Deduction permanent or if it fails to act.

The Ernst & Young (EY) macroeconomic analysis, released in conjunction with NFIB, measured the impact on small business of permanently extending the 20% Small Business Deduction. The analysis concluded that small businesses would flourish by making the deduction permanent, creating 1.2 million new jobs each year for the first ten years and 2.4 million annually every year thereafter. It would also result in a $750 billion GDP increase in the small business sector over the first ten years, and a $150 billion increase annually after that. Without an extension, those benefits to small businesses and the broader economy would be lost.

• Specifically in Oklahoma, the analysis estimates that making the deduction permanent would create 15,000 new jobs each year for the first ten years, and 29,000 annually every year thereafter.

The analysis also found that 33 million small pass-through businesses employ more than 68 million workers in the United States. Of those 33 million small pass-throughs, 25.9 million claimed the deduction in 2021.

John Newton, Ph.D., is the new Executive Head of Terrain, a team of industry-leading ag economists and analysts. As the leader, Newton will guide the team’s endeavors to provide analysis and information important for the business decisions of U.S. agricultural producers.



Terrain serves the customers of AgCountry Farm Credit Services®, American AgCredit®, Farm Credit Services of America® and Frontier Farm Credit® with analysis of a large number of agricultural sectors – from cattle and corn to wine, dairy and tree nuts – as well as the macroeconomy and its impact on rural America.

A Ph.D. economist, John is known for his rigorous, data-driven analysis that is easily consumable for the agricultural industry. He was most recently the Republican Chief Economist for the U.S. Senate Committee on Agriculture, Nutrition & Forestry. He previously served as the Chief Economist at the American Farm Bureau Federation and at the National Milk Producers Federation, as an economist for the U.S. Department of Agriculture and as an award-winning faculty member at the University of Illinois.

John’s tenure begins a leadership transition from Terrain’s current head, Don Close. Assembling a team of respected ag economists and analysts, Don oversaw the establishment of Terrain, which launched in November 2022. Don will continue with Terrain and focus on what he loves the most: working as a cattle and beef analyst and providing thought leadership to the U.S. beef industry.

As November 5th Nears- Traceability Resources Available for Cattle Raisers

Texas & Southwestern Cattle Raisers Association (TSCRA), has announced the release of new educational resources to support livestock producers as they prepare to comply with updated regulations on animal disease traceability.

The available resources are designed to assist cattle raisers navigating new U.S. Department of Agriculture requirements, including the use of electronic identification (EID) tags for certain classes of livestock crossing state lines beginning Nov. 5.

The newly released resources from TSCRA provide important background about the rule, answer frequently asked questions about compliance and implementation and resources to help cattle raisers access free EID tags.

TSCRA is also offering events to both TSCRA members and the public to share helpful information and resources. An online webinar is scheduled for Oct.1. In-person events will be held in: Fredericksburg, Oct. 10; San Angelo, Oct.15; and Brenham Oct. 24.

To access animal disease traceability resources or to register for an event, visit tscra.org/animal-disease-

Summer Til Fall Arrives Sunday- THEN Fall Like Temps Take Over Monday

After near record heat the next few days, we get a nice cool down for the early part of next week. Here's the predicted temps on the western side of Oklahoma: