Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- OSU New Frontiers Campaign Reaches Fundraising Milestone
- RMA Expands Insurance Coverage for Double Cropping Soybeans or Sorghum
- Dr. Glenn Tonsor Projects a $300 Swing from Losses to Gains for Remainder of 2022 for Feedlots
- 2023 NPPC Pork Act Delegate Election Coming up on August 5th at the Oklahoma Pork Congress
- Farm Data Services Makes Accounting and More Manageable for Busy Producers
- Farmer Co-ops Join Other Ag Groups Urging Action on the Ag Labor Crisis
- Feeding Alternatives for Growing Cattle on Native Range in the Late Summer
- Oklahoma Youth Show Their Share of Champions at 2022 National Junior Angus Show
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OSU New Frontiers Campaign Reaches Fundraising Milestone |
Oklahoma State University officials announced today that OSU surpassed the $50 million fundraising goal for the New Frontiers Agricultural Hall with the generosity of more than 600 donors. The milestone comes two and a half years after publicly launching the campaign, which will help build a state-of-the-art teaching, research and Extension facility for OSU Agriculture.
OSU President Kayse Shrum, Thomas G. Coon, vice president and dean of OSU Agriculture, and Blaire Atkinson, OSU Foundation president, announced reaching the fundraising milestone during a special video announcement broadcast on Inside OSU.
"This new facility will transform and modernize OSU Agriculture," Shrum said. "It will also strengthen OSU's position as a leader in innovation and continue our tradition of recruiting talented students and faculty. The New Frontiers project embodies our land-grant mission and supports the important role OSU plays in the lives of Oklahomans and the state's economy."
To celebrate reaching the $50 million New Frontiers goal, a Sweet Success Celebration will be held at 10 a.m. July 26 on the north side of Agricultural Hall on the OSU-Stillwater campus.
The New Frontiers campaign was launched in January 2020 to build a new state-of-the-art facility for OSU Agriculture. The New Frontiers Agricultural Hall, expected to open in fall 2024, further advances teaching, research and Extension efforts that are critical to the state's economy, citizens' safety and quality of life. By advancing OSU Agriculture and its programs, New Frontiers is fostering innovation to help feed the world.
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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.
And Check out this video below that helps you learn more about the Beef Checkoff:
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RMA Expands Insurance Coverage for Double Cropping |
Today, the USDA's Risk Management Agency (RMA) announced an expansion of the list of counties that are eligible for double crop coverage under crop insurance. Coverage will be expanded or streamlined in over 1,500 counties to double crop soybeans and sorghum behind wheat. RMA is also working with the crop insurance industry and farm organizations to help streamline and improve the written agreements for farmers that are outside the areas where coverage has been expanded. The announcement comes as part of the Administration's efforts to support U.S. farmers during the volatility caused by the Russian invasion of Ukraine.
"Crop insurance provides a critical risk management tool for wheat growers, and today's announcement will help expand availability for the double cropping opportunities in 2023," said NAWG President and Washington state wheat grower Nicole Berg. "NAWG appreciates the Administration for taking the thoughtful and moderate approach to examine where double crop insurance opportunities are available across the United States. Today's announcement is particularly timely to help farmers, agents, and companies become familiar with administrative changes and make the necessary adjustments."
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Dr. Glenn Tonsor Projects a $300 Swing from Losses to Gains for Remainder of 2022 for Feedlots |
In this episode of Beef Buzz, I am featuring comments from Kansas State University extension livestock market economist, Glynn Tonsor as he talks about the cattle closeouts for the rest of this year.
Dr. Tonsor has figured out the projected break-evens for the remainder of 2022 for feedlots. The numbers, he said, are all based on an unhedged situation.
"My latest numbers are as of July 8, so the losses are greatest here in the month of July, but my latest estimate is a loss of 150 dollars per steer which stands out quite strongly," Tonsor said. "That reflects the fact that fed cattle prices have declined, and yet we have high cost of gain. $123 (per cwt) is the feeding cost of gain behind that number."
Looking forward through Labor Day, Tonsor said he projects losses for steers that will be leaving feed yards between now and then. In the month of October, the story changes, he added, and a positive return of $25 is projected and continues to increase until December.
"December is $145, so the story changes notably by the time we get to Christmas as animals are leaving the yard," Tonsor said. "What is underneath that is a notable expected increase in cattle prices."
The animals that are leaving the yard in July, Tonsor said, are projected to sell for $134 cwt.
"When we go all the way to December, I am projecting those steers that leave to be at $151 cwt," Tonsor said. "A 17 to 18 dollar increase in sales price while the cost of gain is also improving from a feedlots perspective, so the cost of gain is coming down."
Tonsor's projections talk about a 300-dollar swing going from a loss of 150 to almost a gain of 150. The next couple of months look rough, he added, but they have looked rough for a while.
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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
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2023 NPPC Pork Act Delegate Election Coming up on August 5th |
The election of pork producer delegate candidates for the 2023 National Pork Producers (Pork Act) Delegate Body will take place at 5:15 p.m., Friday, August 5, 2022, in conjunction with the Oklahoma Pork Congress and Annual Meeting at the Sheraton Oklahoma City Downtown, 1 N Broadway Ave, 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, 901 N Lincoln Blvd., Suite 380, Oklahoma City, OK 73104 or by telephone at 405-232-3781.
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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.
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Sponsor Spotlight
Oklahoma AgCredit supports rural Oklahoma with reliable and consistent credit, today and tomorrow. We offer loans for land, livestock, equipment, operating costs and country homes (NMLSR #809962) to farmers, ranchers and rural businesses across 60 counties. As a cooperative, we are owned by the members we serve. Through our Patronage Program, we have returned more than $74 million to our members since 1997.
For more information on our services or to find a location near you, visit our website here.
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Farm Data Services Makes Accounting and More Manageable for Busy Producers |
Farm Director, KC Sheperd, had the chance to visit with the Vice President of Operations at Farm Data Services, Clay Burtrum. Located in Stillwater, Okla., Farm Data Services has been in business for over 40 years and manages accounting for farmers, ranchers feedlots and small businesses.
“The core of our business is doing monthly accounting records,” Burtrum said. “You don’t know where you are going unless you determine where you are and where you have been.”
Burtrum said Farm Data Services handles tasks such as putting together financial statements, full comprehensive analyses, business plans, and accounting.
“I have been home now for 22 years, and I manage the crop insurance and appraisal side of the company,” Burtrum said. “We have over 14 employees based out of Stillwater, Oklahoma, home of the Cowboys, and we also travel in about five-state regions meeting with farmers and ranchers and helping them develop those business plans.”
Some of Burtrum’s clients, he said, are third and fourth-generation clients that Farm Data Services has had for many years. Burtrum stressed the importance of staying on top of records and not waiting until the last minute.
“One of the worst things you can do is wait until that December time frame,” Burtrum said. “If you know where you are throughout the year, that is one of the best things you can do is know what those changes are.”
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Farmer Co-ops Join Other Ag Groups Urging Action on the Ag Labor Crisis |
The National Council of Farmer Cooperatives (NCFC) today joined with the American Business Immigration Coalition, the International Fresh Produce Association, AmericanHort and the National Council of Agricultural Employers in urging Senate action to address the agricultural labor crisis.
The call came during a press conference with Representative Dan Newhouse (R-Wash.), a strong proponent of ag labor reform and a key leader in crafting the bipartisan, House-passed Farm Workforce Modernization Act (FWMA). The event was meant to rally support for the efforts of Senators Mike Crapo (R-Idaho) and Michael Bennet (D-Colo.) to introduce a Senate bill that builds on FWMA.
"For the past decade or so, I have had the privilege of bringing a wide range of agriculture groups together to work on a solution to the ag labor crisis in a united effort," said Chuck Conner, president and CEO of NCFC at the news conference. "Yet, it's the events of the past few years, from the COVID-19 pandemic to the war in Ukraine, that have highlighted for me a fact that often gets overlooked in this debate-our national security is tied to our ability to feed ourselves, and that ability is currently under threat from the ag labor crisis.
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Feeding Alternatives for Growing Cattle on Native Range in the Late Summer |
Weekly, Oklahoma State University Extension Beef Cattle Nutrition Specialist Paul Beck offers his expertise on the beef cattle industry. This is a part of the weekly series known as the "Cow-Calf Corner" published electronically by Beck. Today, he talks about using supplements to increase average daily gain in the late summer months
Forage quality of native range in Oklahoma and the Southern Great Plains declines during the mid to late summer. Research conducted by Dagan Montgomery, a graduate student in the OSU Department of Animal and Food Sciences shows the dramatic decline in the protein and digestibility of native range as the summer progresses.
Performance of stocker calves on native range declines from highs of around 2 to 3 pounds per day during the spring and early summer to less than one pound per day through the late summer. Deficiency in dietary protein causes dramatic reductions in forage intake and digestibility. A small amount of high protein feed will correct the protein deficiency increasing both forage intake and forage digestibility when adequate forage is available.
In 7 experiments conducted by Oklahoma State University, it was found that feeding 1 pound per day of a high protein supplement (38 to 44% crude protein supplements based on proteins meals such as cottonseed meal or soybean meal) increased average daily gains from 1.13 pounds per day for unsupplemented steers to 1.51 pounds per day. This 0.37 pound per day increase in average daily gain required only 2.7 pounds of feed per pound of added gain.
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Oklahoma Youth Show Their Share of Champions at 2022 National Junior Angus Show |
Over 750 Angus juniors and their families traveled to Kansas City, Mo., to compete in the 2022 National Junior Angus Show (NJAS) July 2-9 at Hale Arena.
National Junior Angus Association (NJAA) members gathered for "The Biggest Show on Dirt" as they exhibited 1,143 entries during the weeklong event that included more than a dozen educational contests in addition to the cattle show.
Carlee Clark, Muldrow, Okla., (pictured) led the reserve grand champion owned female. Ellies Southern Belle 2112 is an April 2021 daughter of Colburn Primo 5153 and first won junior champion division 1.
Click on the Blue Button to review more of the top winners from the junior Angus show- including several from the state of Oklahoma.
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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.
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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.
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Wholesale Boxed Beef Prices were lower- Choice Beef was down 46 cents and Select Beef was down 96 cents on Wednesday 07/13/2022.
Click on the Button below for the latest report from USDA Market News
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OKC West in El Reno had 11,119 head on Tuesday and Wednesday of this week.
USDA Market News reports "Compared to last week: Feeder steers traded steady to 3.00 higher. Feeder heifers sold 5.00-8.00 higher. Demand good to very good. Not enough comparable trades of steer and heifer calves for a trend but a firm undertone was noted. Demand moderate to good. Triple digit temps are in the forecast thru next week."
Bill Barnhart- Manager of OKC West writes on their Facebook page "The market trended higher again this week at the auction particularly on those cattle suitable for northern interests. Several large strings of feeder cattle were offered. The futures have been volatile but were up today on cattle. After a big sell off Tuesday, corn closed higher. Beef demand has been surprisingly robust and packers have been aggressive buyers in the north. Sales reported this week 145-152 on fats in the north, 138 in the south. This helps to explain why the push on feeders is coming from the northern buyers. Have a great week."
Click below for the complete closing report.
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The Superior Livestock Week in the Rockies Sale continues- yesterday the emphasis was on weaned calves on cows from Colorado, Kansas and Nebraska.
The sale on Thursday will feature North and South Dakota Weaned Calves & Calves on Cows, Montana Weaned Calves & Calves on Cows and Wyoming Weaned Calves & Calves on Cows.
Click on the button below for details of the trade for the first three days of Week in the Rockies as compiled by the USDA Market News Service.
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Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures - click below for the latest update on the Livestock and Grain Futures Trade..
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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.
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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
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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and is a big reason why Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity dives into these stories, bringing you stories covering rural life, agriculture, energy, healthcare, tourism, and politics affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
KC Sheperd visits with Dakota Moss of Livestock Risk Services. When the pandemic hit in 2020 the cattle markets along with the rest of the world suffered. Many farmers and ranchers altered their marketing plans on crops and livestock to try and prevent a loss in the down Covid markets. This led to cattle being held months longer than planned hoping for a better market. Unfortunately for many farmers and ranchers they had no choice but to sell much heavier cattle into a down market. Resulting in a lower $/cwt price and profits lost. Sheperd and Moss discuss some alternative options for producers with the Livestock Risk Protection program.
Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.
To hear this podcast, you can click here or tap below:
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Our thanks to Midwest Farms Shows, P & K Equipment, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, Union Mutual Insurance, the Oklahoma Cattlemens Association, 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 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.
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God Bless!
Reach Out To Us:
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Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
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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
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