Oklahoma's Latest Farm
And Ranch News
|
|
Here is your daily Oklahoma farm and ranch news update.
- Majority of Drought Condition Categories in Oklahoma Climb Closer to 100 Percent
- Reauthorization of LMR Remains a Top Priority for NCBA
- OSU's Kim Anderson talks Rapid Fluctuation of Crop Prices
- Prestigious Awards Given out at the OCA Convention to Several Honorees
- OSU President Dr. Shrum Advocates for Agriculture at the Sweet Success Celebration for the New Frontiers Ag Hall
- American Angus Association: Voting Period for 139th Annual Convention of Delegates is Now Open
- More Stories for Your Weekend Reading
|
Majority of Drought Condition Categories in Oklahoma Climb Closer to 100 Percent |
Drought conditions in Oklahoma have ramped up significantly since last week with percentage shifts upward in most categories of drought over 30 points and the majority near or at 100 percent.
According to the latest drought monitor, in Oklahoma, exceptional drought remains at zero, the same as last week.
Extreme drought or worse has increased almost 31 percentage points from last week’s 6.8 percent and is now at 37.4 percent.
Severe drought or worse has increased 34.6 percentage points from last week’s 57.5 percent and is now at 92.1 percent.
Moderate drought is now at 99.8 percent, up slightly from last week’s 99.6 percent.
100 percent of Oklahoma remains in abnormally dry or worse conditions, same as last week’s 100 percent.
The 6-10 day precipitation outlook map shows the majority of Oklahoma is leaning below a 40-50 percent chance of precipitation through August 6th.
Click the Oklahoma Drought Map above the story to view Oklahoma drought numbers for this week.
|
Union Mutual was chartered in 1938 to write property and casualty insurance in the state of Oklahoma. Over the years, Union Mutual has maintained the attitude that started the company and continue to be that company that understands Oklahomans’ insurance needs when they contact any member of the UMIC team.
That’s 83 years of protecting rural Oklahomans, providing town and country, poultry house and legacy rural actual cash value policies.
With over 80 years of experience and 300 agents in all 77 Oklahoma Counties to serve you, it’s time to take a good hard look at Union Mutual Insurance Company.
For the agent nearest you, go to unionmutualic.com or give them a call at 405 286-7703.
|
Reauthorization of LMR Remains a Top Priority for NCBA |
While the National Cattlemen’s Beef Association summer business meeting is underway in Reno, Nev., I had the chance to visit with NCBA’s Senior Director of Government Affairs, Tanner Beymer. Beymer and Hays talk about the United States Congress and their involvement in cattle marketing issues.
For over two years, Beymer said conversations have been about what the appropriate role of government is in the cattle markets. Recently, he added, congress has become very engaged in these issues.
“That two years’ worth of discussion has really kind of been building towards what we have anticipated to be some movement on these issues on Capitol Hill,” Beymer said. “We have seen that certainly in the last about three or four months.”
Beymer said the Senate Agriculture Committee had a mark-up on both the Cattle Price Discovery and Transparency Act and the Meat and Poultry Special Investigator Act. Both of those were approved by a voice vote, Beymer added, which means that they will now go to consideration on the floor of the U.S. Senate.
“Of course, there is only a limited number of legislative days remaining in the 117th congress, and with the other recent events going on in this country, I just don’t know if there is enough time to go to something as granular as some of these cattle marketing issues,” Beymer said. “That being said, there is always room for packages that move through the process, so we are going to be continuing our efforts to educate senators as to why mandating cash trade and creating a duplicative new and special councils office at USDA is not really in the best interest of cattle producers.”
At the top of the list of things NCBA would like to see happen when it comes to livestock legislation this year is a reauthorization of Livestock Mandatory Reporting.
“We do need to deal with LMR reauthorization and some of these other things before we go into the farm bill because we absolutely do not want those to serve as the basis for what could become a livestock title in the 2023 farm bill,” Beymer said. “I believe that LMR will not lapse. I think it will be included in whatever funding decision they come up with whether that is a full omnibus or continuing resolution.”
Beymer said producers need the certainty that only a five-year reauthorization of Livestock Mandatory Reporting can provide.
|
OSU's Kim Anderson talks Rapid Fluctuation of Crop Prices |
This week on SUNUP is Dr. Kim Anderson, Oklahoma State University Extension grain market economist. During this week's edition, Anderson shares his analysis of crop prices and gives an outlook on where we may go from here.
“They (crop prices) are just volatile,” Anderson said. “You look at wheat prices, go back to June 1, wheat prices were in the $11 range. About mid-July, we were down around $7.80, and now we are back up to $8.30.”
Since last week, Anderson said wheat prices have been down 30 cents and up 50 cents.
Going back to early June, Anderson said corn prices were at $7.10. By mid-July they went down to $5.50, he added, and now they are back up to $5.90 for forward contract harvest delivery.
“Soybeans are the same thing,” Anderson said.
In June, Anderson said you could forward contract soybeans for $15. Then, they went back down to $12 and came up above $13.
“This last week, soybean prices for harvest delivery were down 60 cents and up $1.40,” Anderson said. “Just a lot of volatility in this market.”
This time of year, as producers are making planting decisions for the next growing year, Anderson said the market is offering relatively good prices for 2023 harvested wheat.
“In North Central Oklahoma, you can forward contract $8 to $8.10, 65 cents under that July ’23 contract price,” Anderson said. “This time last year those forward contract prices for the ’22 crop were $6.20 and the basis was a minus 30.”
In Southwest Oklahoma, Anderson said forward contract prices are at $7.75, which is a dollar under basis.
“This time last year, they were very close to North Central Oklahoma at $6.10 with a minus 40 basis,” Anderson said.
In the Panhandle area, forward contract prices are at $8.25, minus 50 under that July ’23 contract. This time last year, he added, prices were at $6.10 or a minus 40 cent basis.
“The basis this year is weaker than it was this time last year and I think that reflects a volatility in this market and the relatively high prices,” Anderson said.
|
|
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
|
|
Prestigious Awards Given out at the OCA Convention to Several Honorees |
OCA honors legislators that have worked hard to protect and promote the Oklahoma beef cattle industry in the Oklahoma legislature. OCA is at the Capitol every day of the legislative session to work with legislators passing and blocking key legislation relative to the beef cattle industry.
“OCA is fortunate to have many friends in the Legislature that understand the importance of the beef cattle industry in Oklahoma,” said Michael Kelsey, OCA Executive Vice President.
Last Saturday evening, Senator David Bullard, District 6, was honored with the Oklahoma Cattlemen’s Association’s (OCA) Legislative Appreciation Award along with Senator Brent Howard of District 38, and Representative Jim Grego of District 17.
The 70th Annual OCA Convention and Trade Show was held July 22 and 23 at the Embassy Suites in Norman, Okla. The event is held in conjunction with the Oklahoma CattleWomen, Inc., and the Oklahoma Junior Cattlemen’s Association’s Annual Meetings. The OCA Convention and Trade Show is the largest annual gathering of beef producers in Oklahoma. Cattlemen and women come together to create policy, listen to informative speakers, celebrate industry accomplishments, and recognize individuals and groups, like Representative Grego, Senator Bullard, and Senator Howard who contribute to the success of the OCA.
|
|
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.
|
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, 8-9-10, 2022.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2022 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
|
|
|
OSU President Dr. Shrum Advocates for Agriculture at the Sweet Success Celebration for the New Frontiers Ag Hall |
Farm Director, KC Sheperd, had the chance to visit with Oklahoma State University President, Dr. Kayse Shrum at the Sweet Success Celebration for the New Frontiers Agricultural Hall at OSU. Shrum talks about the goal of the New Frontiers Campaign and what the 50-million-dollar milestone that was surpassed means for OSU.
“We are very excited to announce that the New Frontiers campaign reached the 50-million-dollar mark, and it is an exciting time for agriculture for Oklahoma State University,” Shrum said. “Agriculture has always been a fundamental piece of the university and it really says a lot to how much the OSU family supports and invests in OSU agriculture as an important part of our university from the historical perspective and going through the future and where we are headed with really even the name- New Frontiers.”
The new building that will house the Ferguson College of Agriculture and other facilities sets a tone for the university, Shrum said, because it gives us the opportunity to attract the best and the brightest. State-of-the-art facilities, Shrum added, attract those that might not otherwise think about Oklahoma State.
“We want to be leaders, and to be leaders you need to have facilities that allow you to do the research you need to be innovative and to give our students a world-class experience right here at Oklahoma State,” Shrum said. “I always say the best part of Oklahoma State University is our people, which means our alumni and our students and faculty. That means from the culture, but also from the impact that we have on society.”
Oklahoma State University exists as a land grant, Shrum said, so that means a part of that involves making good communities great through the work at the university which is focused on solving societies’ most pressing needs.
At OSU, Shrum said agriculture is one of the key areas of impact.
|
American Angus Association: Voting Period for 139th Annual Convention of Delegates is Now Open |
State and district ballots were mailed in early July to eligible voting members to elect delegates and alternate delegates to represent each state or district at the 2022 American Angus Association® Annual Convention of Delegates set for Nov. 7 in Salt Lake City, Utah.
Signed ballots must be received in the Association office no later than 4:30 p.m. CDT on Tuesday, Aug. 9 to be counted.
Each active life and active regular Association membership that qualified as an eligible voting member should have received a ballot in the mail and may vote for no more than the number of delegates allowed for the state or district.
Details of the entire election process can be found in the Association’s Breeder’s Reference Guide, which is available online at www.angus.org
Elected delegates will conduct Association business at the 139th Annual Convention of Delegates Nov. 7 during the National Angus Convention & Trade Show in Salt Lake City, Utah. If a delegate cannot attend, an alternate delegate can then vote.
Members can mail their ballots to Association headquarters at 3201 Frederick Avenue, St. Joseph, MO 64506 in the self-addressed envelope included with the ballot.
Learn more about the upcoming National Angus Convention online at www.angusconvention.com, including details on world-class education, entertainment and an expansive trade show.
|
More Stories for Your Weekend Reading |
|
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.
|
Wholesale Boxed Beef Prices were lower- Choice Beef was down 22 cents and Select Beef was down $1.00 on Thursday 07/28/2022.
Click on the Button below for the latest report from USDA Market News
|
Weekly Cattle Auction Reports
The buttons below allow you to check out the weekly Cattle Auctions in the region that we post on our website and here in our daily email update.
|
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..
|
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.
|
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
|
|
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:
|
|
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.
|
|
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
|
|
Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
|
|
|
|
|
|
|
