Oklahoma's Latest Farm

And Ranch News

Thursday, November 21, 2024

Howdy Neighbors!

Here is Your Daily Oklahoma Farm and Ranch News Update: 

 

  • AFBF Survey Shows Thanksgiving Dinner for 10 Cheaper Again in 2024- Falling Turkey Prices a Key


  • Collaborating with Trump: NCGA’s Vision for Biofuels and Reduced Regulations


  • LMA’s Chelsea Good Says Producers Must Speak with Unified Voice for Ag Policies


  • Cow Harvest Unseasonally Low


  • Politico Sees USDA Secretary Coming from California or North Carolina


  • McCall Reflects on Okla House Accomplishments on Final Day as Speaker of the House


  • Brian Freking on a Product that can Reduce Stress at Weaning

Cost of Thanksgiving Dinner Declines – Remains Higher Than Pre-Pandemic Levels

Cooking a Thanksgiving feast for your friends and family will cost less than last year but will still be more expensive than before the pandemic. The American Farm Bureau Federation’s 39th annual Thanksgiving dinner survey provides a snapshot of the average cost of this year’s classic holiday feast for 10, which is $58.08 or about $5.80 per person.


This is a 5% decrease from 2023, which was 4.5% lower than 2022. Two years of declines don’t erase dramatic increases that led to a record high cost of $64.06 in 2022. Despite the encouraging momentum, a Thanksgiving meal is still 19% higher than it was in 2019, which highlights the impact inflation has had on food prices – and farmers’ costs – since the pandemic.


The centerpiece on most Thanksgiving tables – the turkey – helped bring down the overall cost of dinner. The average price for a 16-pound turkey is $25.67. That is $1.68 per pound, down 6% from last year.


Farm Bureau volunteer shoppers checked prices Nov. 1-7, before most grocery store chains began featuring whole frozen turkeys at sharply lower prices. According to USDA Agricultural Marketing Service data, the average per-pound feature price for whole frozen turkeys declined further during the second week of November. Consumers who have not yet purchased a turkey may find additional savings in the days leading up to Thanksgiving.


“We should all be thankful that we live in a country with such an abundant food supply,” said AFBF President Zippy Duvall. “We are seeing modest improvements in the cost of a Thanksgiving dinner for a second year, but America’s families, including farm families, are still being hurt by high inflation.”

Read More about the 2024 AFBF Thanksgiving Dinner Survey Here

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.

 

Collaborating with Trump: NCGA’s Vision for Biofuels and Reduced Regulations

At the National Association of Farm Broadcasters Convention, Oklahoma Farm Report’s Maci Carter caught up with Neil Caskey, CEO of the National Corn Growers Association (NCGA) to cover many topics including the 2024 corn harvest, the farm bill, tax cuts, and more.


“We are going to have another really big crop,” Caskey said. “Now, the job at hand is to find markets for all of that corn. That is what we are committed to at the National Corn Growers Association.”


He said that the recent story for corn growers has been high inputs and low prices on their outputs. He hopes for an economic crisis relief fund from Congress for the time being, but the completion of an adequate farm bill would give growers the ongoing stability they need.


After that, he said the corn industry has to get into growth mode. “For us, that starts with passage of a year-round E-15 that will begin to grind more corn as we are producing more, and we need other legislative initiatives that will allow us to sell higher blends as well. That is how we are going to be dealing with the tough markets of today.”

Listen to Maci's Conversation with Neil Caskey and Read More About It Here

LMA’s Chelsea Good Says Producers Must Speak with Unified Voice for Ag Policies

Senior Farm and Ranch Broadcaster Ron Hays caught up with the government and industry affairs vice president at the Livestock Marketing Association (LMA), Chelsea Good to talk about the republican trifecta, the farm bill, EID mandates, and more.


Good recounted the resounding victory for President-elect Trump and the Republican takeover of the House and Senate. “It was a trifecta for the republican party, and now there will be expectations that they are able to get things done,” Good said.


The completion of the farm bill and tax policies are priorities for the LMA. The farm bill contains provisions that may be impactful in reducing outdated regulations on livestock auctions, and the expiration of the Tax Cut and Jobs Act is at the forefront of many minds in agriculture and beyond.



Good and Hays believe that the Republican trifecta creates a little more assurance that these things will get done. Good said, “We are in a different fiscal situation than we were in in 2017, as it relates to our national debt, so I think it is going to take all of agriculture pushing together as it relates to things like full bonus depreciation and keeping a high exemption level for estate tax, and some of those pieces that are set to expire. I think we have to speak with a unified message and continue to push on those items.”

Listen to Ron's BeefBuzz with Chelsea Good and Read More Here
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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



Cow Harvest Unseasonally Low

Last week’s cattle harvest was truncated on Monday with Veteran’s Day pulling Monday’s fed cattle harvest down to 88,000 head while the remaining weekdays averaged near 100,000 head each.


Cutout values continue to show weakness as weekly average prices have retreated nearly $8/cwt. for traditional Certified Angus Beef ® (CAB) brand carcasses. The downward price direction follows a particularly strong October trend that saw the CAB cutout increase by $20/cwt. from the first of the month.


Softer boxed beef prices coupled with Live Cattle futures trading at a slight discount to recent spot cash cattle values pushed cattle prices $2.21/cwt. lower last week. A stronger futures price trend developed early this week, taking the December contract to a premium compared to cash.


On the other hand, feeder cattle demand caught fire on the heels of widespread precipitation throughout much of the winter wheat grazing region, including Oklahoma and the Texas panhandle. Some markets reported calf prices jumping as much as $20/cwt. as grazers’ outlooks were much higher for winter growing conditions.

Read More About the CAB Insider Report Here

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 morning farm and ranch news with KC Sheperd
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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, 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

Politico Sees USDA Secretary Coming from California or North Carolina

According to Politico- the choice for USDA Secretary may come down to a coastal selection- either from California or North Carolina.


They are reporting "President-elect Donald Trump is considering a former GOP lieutenant governor of California and a former USDA official from his first term to serve as his next Agriculture secretary, according to four people familiar with the transition conversations.


"Abel Maldonado served as former California Republican Gov. Arnold Schwarzenegger’s lieutenant governor before stepping down to mount an unsuccessful run for Congress. Maldonado is the son of immigrant farmworkers, a winery owner, one-time mayor and former California state lawmaker.


"Former Trump White House and USDA official Ray Starling’s name has been in the mix for some time, but his stock is rising among some Trump officials. They argue Starling is more of a mainstream pick and could reassure conservative-leaning agriculture groups that have been rattled by Trump’s decision to tap Robert F. Kennedy Jr. for HHS secretary, which gives him direct oversight of the Food and Drug Administration."


McCall Reflects on Legislative Accomplishments on Final Day as Speaker of the House

House Speaker Charles McCall, R-Atoka, released the following statement expressing his gratitude and reflecting on legislative accomplishments during his eight years as Speaker of the House, and twelve years in the House of Representatives:


“First and foremost, I would like to thank my wife and children for their support these last twelve years. Without them, I would never have been able to effectively serve the citizens of our state. Next, I want to thank the citizens of District 22 for electing me twelve years ago and allowing me to serve them for over a decade. It has been the honor of a lifetime. I would also be remiss if I did not extend a sincere thank you to my fellow House members, and the citizens they represent throughout our great state, for putting their trust in me to lead as Speaker of the House. Finally, I would like to thank the staff of the Oklahoma House of Representatives for their hard work and dedication. Together, we have accomplished meaningful changes for the people of Oklahoma.


We right-sized Oklahoma’s budget, moving from deficits to billions in surplus. This allowed us to cut taxes, protect core services and invest in the future of our state. We invested more in education over the past eight years than in the previous 27 years combined. We lowered taxes on citizens and businesses, creating an economic environment that attracts new investment and encourages growth. We protected constitutional rights, defended the lives of the unborn and fought back against the Leftist agenda that has swept across our nation over the past four years, which led to Oklahoma being ranked as the second most conservative Legislature in the country. Last, but not least, we created more parental choice in education, allowing parents, and students, to determine their own educational pathway.


Of course, there are countless other accomplishments that could be included in this list, and I truly feel that as my time as Speaker comes to a close, Oklahoma is in a better place than it was twelve years ago. I would like to congratulate my successor in House District 22, Ryan Eaves, and wish him well as he embarks on his own legislative journey. I hope that he feels the joy of service as deeply as I have these past twelve years. 


I want to leave you with a quote from President Ronald Reagan who said, ‘The greatest leader is not necessarily the one who does the greatest things. He is the one that gets the people to do the greatest things.’ I hope I have been a leader worthy of my station, and I am forever grateful for your faith in me. Thank you to everyone who has been a part of this journey. God bless the Great State of Oklahoma.”

Brian Freking on a Product that can Reduce Stress at Weaning

Brian Freking, SE District Extension Livestock Specialist, offers vaccine handling advice as part of the weekly series known as the “Cow Calf Corner” published electronically by Paul Beck. Today Freking is talking about a product that can reduce the stress of weaning calves.


Have you considered using a product such as maternal bovine appeasing substance (mBAS) aka FerAppease® during weaning. The management key points listed in the bullet list below for fence line weaning have been fairly broadly accepted as a stress-minimizing management technique. Could cows on the opposite side of the fence still be providing enough appeasing substance (pheromone) to keep calves calmer?


Scientists have been investigating reducing stress in cattle for decades. Current published information shows promise for the use of mBAS. Journal of Animal Science, 2020, Vol. 98, No. 9, 1-10 provides results from Reinaldo Cooke Texas A&M University providing a detailed project report from this product. Growth rate from day 0 to 28 was greater (P=0.05) in mBAS versus control calves (2.21 lb/d vs 1.87 lb/d, respectively; SEM = 0.125 ) and did not differ (P=0.23) from day 28 to 42 between treatments. The key consideration is calves tend to adjust quicker to eating during the stressful first week after weaning. Calves eating routinely coincides with better immunity therefore less of a need for treatment for respiratory complexes. Cortisol concentrations, a biomarker of chronic stress, has been shown to be reduced in calves treated with mBAS. 

Read More from Brian Freking Here
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 lower - Choice Beef was down $2.40 and Select Beef was down $0.92 on 11/20/2024.


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

Boxed Beef Report

OKC West in El Reno  had 8,790 head on Tuesday and Wednesday of this week.


According to USDA Market News- Compared to last week: Feeder steers sold 2.00-5.00 higher. Feeder heifers traded 3.00-7.00 higher. Demand good. Steer and heifer calves sold fully 8.00-12.00 higher. Demand good to very good especially for weaned calves. Heavy rainfall over the weekend and first part of the week has helped. The Oklahoma Quality Beef Network had their annual sale and these cattle are tagged as Value Added do to multiple rounds of shots and long weaned.


Meanwhile- OKC West Manager Bill Barnhart offers these comments for this week's markets: "The market continues to impress this week at the auction. Even though fats traded cheaper again last week (185), feeder cattle continued to push higher. Most sold 2.00-5.00 higher. Calf prices also surged ahead (up 6.00-12.00) as wheat pasture prospects have made a big turnaround. No sales next week due to the Thanksgiving Holiday."


Click below for the complete closing report.

OKC West in El Reno Market Report from 11/19 and 11/20/2024
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 11/20/2024
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 11/20/2024
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


Stevie White, 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.


The link below is one of our most recent podcasts- Ron spotlighting the Life and Times of Dr. Kim Anderson, who has just retired from OSU.

Listen to Ron Hays talking with Kim Anderson about his 42 years in OSU Extension and the Famous "A Third A Third A Third" Advice he has given.
Listen to Ron
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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 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
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Rural Oklahoma Networks

405-317-6361

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405-615-4922

KC Sheperd
Farm Director
Radio Oklahoma Ag Network

405-443-5717

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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network

405.473.6144
Email Ron