Oklahoma's Latest Farm
And Ranch News
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Wednesday, October 19, 2022 |
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Here is your daily Oklahoma farm and ranch news update.
- OKFB, OCA to Host Gubernatorial Candidate Forum on Agriculture
- Trey Lam Gives Overview of Drought Fund Allocation from Third Emergency Drought Commission Meeting
- NCBA Weighs in on California's Proposition 12
- CoBank Quarterly: The Federal Reserve's Efforts to Temper Inflation and Cool the Economy Will Continue
- Water Sustainability Conference on Tap for Nov. 8-9
- New Report Highlights Value of International Beef Trade
- Governor Stitt Appoints Adria Berry as Executive Director of the Okla Medical Marijuana Authority
- Oklahoma Land Lease Auctions This Week in Lawton and Stillwater
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OKFB, OCA to Host Gubernatorial Candidate Forum on Agriculture |
Oklahoma Farm Bureau and the Oklahoma Cattlemen’s Association are set to host a gubernatorial candidate forum on agriculture Wednesday, Oct. 26 from 11:30 a.m. - 1 p.m. at the Comanche County Fairgrounds in Lawton(in the Prairie Building).
Incumbent Republican candidate Gov. Kevin Stitt is confirmed to attend. Democratic candidate Joy Hofmeister has been invited but has not yet confirmed.
I have been asked to moderate the candidate forum.
Oklahoma Farm Bureau and Oklahoma Cattlemen members are encouraged to attend, and the event is open to the general public.
Michael Kelsey, Executive Vice President for the Oklahoma Cattlemen's Association believes this is a tremendous opportunity for people in rural areas to hear more from the candidates on issues that are most relevant to them- things like drought, rural economic developement, medical marijuana grow licenses, rural broadband as well as their view of what the future of agriculture and rural Oklahoma looks like.
I talked with Kelsey about the event- and you can hear his thoughts by clicking on the blue link below.
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The experts at P&K Equipment make it their mission to provide top-notch solutions and unbeatable customer service. To discover the P&K experience for yourself, visit the website, call one of the 20 locations, or stop in to P&K for a visit today.
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Trey Lam Gives Overview of Drought Fund Allocation from Third Emergency Drought Commission Meeting |
KC Sheperd, Farm Director, caught up with Trey Lam with the Oklahoma Conservation Commission at the third Emergency Drought Commission meeting and talked about his thoughts on the meeting.
“It was kind of the beginning of the next phase, which was how to utilize the 20 million dollars that the legislature procreated in their special session,” Lam said. “I think there were a lot of thoughtful comments, both from the public, from our legislators, and from the drought commission itself.”
Lam said there have been over 1300 applications for drought relief through the commission so far for pond cleanouts, water well drilling, and more.
“We know that we have a big demand out there,” Lam said. “We are infusing another five million dollars into that process so then we are going to see how those applications go, where the continual demand is, and come back in a week to two weeks and probably put some more money towards it and just try to continue to meet the need until we really met as much of the need as we can with the funds that we have.”
“What the drought commission decided today was, the drought began in this phase in June,” Lam said. “Some people have gone out and gone ahead and because their ponds were dry and cleaned them out. We are going to go out and look to be sure that there was water in that in years past and we can estimate the size of that pond and how much dirt was moved, and the drought commission really felt like that was necessary work.”
A big talking point during the meeting was the option to make the drought funds retroactive. Lam said while that is not something that is normally practiced, in the state of an emergency there are different rules.
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NCBA Weighs in on California's Proposition 12 |
A couple of weeks ago, the Beef Buzz featured comments from Michael Formica of the National Pork Producers Council talking about how California’s Proposition 12 issue impacts all of animal agriculture, not just the pork side. In this episode of Beef Buzz, I am visiting with National Cattlemen’s Beef Association’s Chief Council, Mary Thomas Hart, about the beef industry weighing in on California’s Proposition 12 after the oral arguments on the case have been heard by the US Supreme Court.
The NCBA offered an amicus brief to the Supreme Court in favor of the position held by the NPPC and the American Farm Bureau Federation.
“It gets into a really weedy constitutional issue called the Dormant Commerce Clause,” Hart said. “The dormant commerce clause deals with issues related to a state passing a law that has an unjustifiable impact on out-of-state production in that state.”
In the instance of Proposition 12, Hart says the state of California enacted a policy that would require all pork sold in the state of California to comply with certain gestation crate requirements. The issue is that there are no large-scale hog operations in California, Hart said, so this policy almost entirely regulates activity that occurs out of its own state.
“California is such a large state that any hog producers that want to engage in interstate commerce would likely have to follow these California mandates in order to ensure that their product can be sold across state lines,” Hart said. “Is that constitutional? Under the Commerce Clause, the National Pork Producers and American Farm Bureau argue that it is not. California obviously argued that it is, and NCBA submitted an amicus brief in support of the National Pork Producer’s position.”
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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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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.
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CoBank Quarterly: The Federal Reserve's Efforts to Temper Inflation and Cool the Economy Will Continue |
Consumer Spending Seemingly Unfazed by Inflation, Interest Rate Hikes
The Federal Reserve is finding it harder to cool the economy than almost anyone expected. Most corners of the U.S. economy are performing very well considering the Fed has been aggressively raising rates for seven months. Manufacturing continues to expand, consumer spending remains strong, the labor market is still extremely tight and Q3 GDP data will likely show solid growth.
While the rate increases have done little to cool spending and tamp down inflation, critics are increasing their calls for the Fed to stop raising rates. The argument is that further monetary tightening will have catastrophic effects on the U.S. and global economies, and that inflation is about to fall precipitously. According to a new Quarterly report from CoBank’s Knowledge Exchange, the Fed does not see it that way, nor should it.
“To date, there is no solid evidence that inflation is on a steep downward path and there is also little evidence that higher rates are severely damaging the economy,” said Dan Kowalski, vice president of CoBank’s Knowledge Exchange. “Ultimately, to get inflation levels down, the willingness or ability of consumers and businesses to spend must also come down. That means rate hikes will continue until the Fed achieves its mandate of price stability. Unfortunately, that increases the likelihood of collateral damage coming in the first half of 2023.”
There are signs of slowing, however, which are the first cracks to form from monetary tightening, noted Kowalski. Consumer credit is on the rise while savings rates are falling. And wage growth is falling even as inflation remains high, reducing consumer purchasing power.
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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
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.
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Water Sustainability Conference on tap for Nov. 8-9 |
On Nov. 8-9, top state and tribal water leaders, researchers and other experts will take the stage at the Seventh Annual Oka’ (Water) Sustainability Conference on the East Central University campus in Ada, Oklahoma. The event, featuring a curated lineup of speakers as well as water resource-oriented field trips for attendees, is hosted by the Oka’ Institute.
Featured speakers at the two-day conference, which annually attracts hundreds of citizens and water professionals interested in sustainable water use and protection in both the state and its Tribal Nations, include Chickasaw Nation Governor Bill Anoatubby; Dr. Chris Frey, U.S. Environmental Protection Agency assistant administrator of Research and Development; new Oklahoma Secretary of Energy and Environment Ken McQueen; and ECU President Wendell Godwin.
According to Duane Smith, executive director of the Oka’ Institute, sustainable management of Oklahoma’s water resources is evolving from a trendy expression to real-world practice.
“State and federal agencies are now discovering what our indigenous peoples have known for millennia. That is, with a little creative thinking and innovation, we can leverage our water resources for economic development while sustainably managing those very waters for our many needs — both consumptive and non-consumptive — well into the future,” Smith said. “The experienced and diverse group of speakers we’ve assembled for the Conference are well-positioned to stimulate that conversation and advance new ways of thinking about the future of our water.”
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New Report Highlights Value of International Beef Trade |
A new trade report analyzing the effects of beef imports and exports highlights the strong economic value of the U.S. beef industry’s participation in a global marketplace.
Commissioned by the Kansas Beef Council, Oklahoma Beef Council and Texas Beef Council, Peel and Tonsor spent six months preparing the 80-page document that was released on Sept. 26.
Peel said he has fielded questions his entire career concerning beef imports, and many people are not aware of the value of exports, believing more than enough beef is grown in the U.S. to sustain its population. His findings prove otherwise.
“One of the main points that came out of this report is the recognition that while producers produce cattle as a single product, what they sell becomes thousands of different products,” he said. “The marketplace plays a big role in sorting out where the best value is for all those products that ultimately contribute to the overall value of cattle.”
When opportunities are available, the U.S. exports specific products to certain markets, and the vast range of different beef commodities helps the industry grow.
I had the chance to talk with Peel in depth about the study. Click below to listen to episodes of Beef Buzz where Peel discuss the value of international trade.
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Governor Stitt Appoints Adria Berry as Executive Director of the Okla Medical Marijuana Authority |
Governor Kevin Stitt announced on Tuesday Adria Berry has been appointed to serve as Executive Director of the Oklahoma Medical Marijuana Authority (OMMA) which will officially transition to an independent state agency on November 1, 2022, per SB 1543.
“For over a year Adria Berry has been leading Oklahoma’s efforts to enforce our laws and crack down on the marijuana black market,” said Governor Kevin Stitt. “Now that OMMA is becoming a stand-alone agency, I am pleased to officially appoint Adria as executive director and have full confidence in her continued leadership and dedication to get the medical marijuana industry under control and keep our communities safe.”
“I am honored by this appointment and it is an incredible privilege to serve my home state in this capacity,” said Adria Berry. “Building up OMMA as a gold standard state agency that prioritizes consumer protection, equitable enforcement, and quality service is both uniquely challenging and exceptionally rewarding. I am honored to lead this effort and will work tirelessly to execute OMMA’s mission to ensure there are no cracks in our state’s medical marijuana industry for criminals and bad actors.”
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Oklahoma Land Lease Auctions This Week in Lawton and Stillwater |
The 2022 Oklahoma Land Lease Auctions will be taking place through October 24th.
Today, a land lease auction will be held at 10 a.m., in Lawton at the Comanche County Fair Grounds for Comanche, Cotton, Grady, Jackson, Stephens, and Tillman Counties.
Tomorrow, October 20, another land lease auction will be held at 10 a.m. in Stillwater at the Payne County Expo Center for Logan, Noble, Payne, and Pawnee Counties
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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 higher- Choice Beef was up $2.64 and Select Beef was up $1.67 on Tuesday 10/18/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had a final count of 6,579 head on Monday, October 17, 2022.
Compared to last week: Feeder steers steady to 3.00 higher. Feeder heifers 1.00 - 4.00 higher. Steer calves steady to 2.00 higher. Heifer calves 2.00 - 4.00 higher Demand moderate to good. Quality average to attractive. Most of the region received some much needed moisture over the weekend, with more in the forecast for the coming weekend.
Click below for the complete closing report.
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OKC West in El Reno had a calf run of 3,000 head on Tuesday, October 18.
Compared to last week: Weaned steer calves traded mostly 6.00-9.00 higher, heifer calves sold 5.00-7.00 higher. Un-weaned bawling calves
were steady to mostly 3.00 lower. Demand good to very good for weaned cattle. Quality average to mostly attractive. Much of the trade
area received much needed moisture over the weekend.
The market is expecting another 3,500 head today for their yearling run.
Click on the button below for details of the trade 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 shares the story of Joey Carter, a hard-working farmer who was widely regarded as a model citizen in a rural North Carolina town. Carter is the focus of a movie coming out in October called Hog Farmer- the Trials of Joey Carter.
He was not the type of person who ever expected to find himself caught up in the middle of a federal lawsuit involving some of the nation’s most ruthless trial lawyers and one of the world’s largest food companies.
But that’s exactly what happened when Joey’s family farm became the focal point in a series of nuisance trials that attracted national and international media attention. While his neighbors leveled charges of environmental racism in hopes of winning multi-million-dollar verdicts, Joey was left wondering how this could happen to a man who has always taken pride in playing by the rules.
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, Oklahoma Pork Council, 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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