Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Friday, July 17, 2020
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Here is your daily Oklahoma farm and ranch news update.
- Unexpected Rainfall Amounts Improve Oklahoma's Drought Map
- OSU's Kim Anderson Tells Producers to Pay Attention to the Signals The Market Gives You
- NCBA's Colin Woodall Tackles Trio of Issues Including Burger King's Latest Advertising Campaign
- Agricultural Lending Consistently Slower--Pessimistic Outlook for Ag Economic Conditions
- OCA Convention and Trade Show Agenda and Speaker List Announced
- Vesicular Stomatitis Confirmed in a New County--Oklahoma Update
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This Weeks Ag In the Classroom--The Crazy Oklahoma Weather!
- Latest Plains Grains Harvest Report- Kansas 99% Done as Harvest Moves Northward
- Take a look at the China Corn Purchases InfoGraphic from US Grains Council- At the Bottom of the Email
- MarketLinks in the Lower Part of the Email Includes Weekly Auction Barn Links, Cash Grain Bids and More
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Unexpected Rainfall Amounts Improve Oklahoma's Drought Map |
Totally unexpected but deeply appreciated amounts of rainfall fell across some of the highly parched Oklahoma soils in recent days and helped alleviate some shades of drought. Especially pleasing was the reduction in coverage of extreme drought (D3) from 3.74 percent to 2.99 percent of the landmass.
Today there remains pockets of D3 in the Cimarron, Texas, Blaine and Dewey Counties.
Basically, everything south of I-44 is drought free this week except for far northeast Oklahoma where yellow shades of abnormally dry cover the region.
Overall, 39 percent of Oklahoma is drought free, an improvement from 33 percent last week.
Nationwide, extreme drought has expanded in Colorado and now covers almost the entire southern half, leaching down into New Mexico and southwest Kansas.
Pockets of D3 are scattered throughout the Texas Panhandle, western Utah, northern California, and southwestern and north central Oregon.
There are also stretches of abnormally dry yellow patches showing up across the corn belt and up into the far northeastern regions of the country.
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OSU's Kim Anderson Tells Producers to Pay Attention to the Signals The Market Gives You |
Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets weekly on SUNUP.
This week Dr. Anderson is talking about crop prices and how the market can giveth, but also taketh away, "We had a 20 cent rally this week in wheat prices and the market took back 10 cents of that., but at least we gained 10 there.'
Anderson says the WASDE report wheat projections are important because it reflects the base numbers, "Its not what is happening in the market, its what the market expects."
It seems we are still seeing some problems with the cotton crop. Dr. Anderson says the prices are where we expect them right now, "but we will have to see what happens with the cotton numbers as they come in from around the world." Anderson says right now the number to remeber is 60 cents, "we get good news with lower cotton production, higher prices, higher production, lower cotton prices."
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NCBA's Colin Woodall Tackles Trio of Issues Including Burger King's Latest Advertising Campaign |
On today’s Beef Buzz Colin Woodall, CEO of the National Cattlemen’s Beef Association, addresses a trio of topics with as we talk about the latest advertising campaign by Burger King.
It’s an interesting crew over there at Burger King, Woodall said, referring to their campaign promoting cattle fed lemon grass produce less greenhouse gases.
We are all for innovation but the study they are attributing their information to has been discredited by other experts in the industry, Woodall said.
This is just another example of their idea to sell more burgers is to try to slander those who have been keeping them stay in business, Woodall said.
The NCBA executive said many of Burger King’s ideas are influenced by anti-ag animal groups.
When you look at Burger King they seem to be influenced in that regard, Woodall said.
That influence is not evident with other restaurant chains as beef producers have had good success in working with White Castle, McDonalds, Wendy’s and others who want to have productive discussions on how to improve, Woodall said.
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Agricultural Lending Consistently Slower--Pessimistic Outlook for Ag Economic Conditions |
In the latest issue of Kansascityfed.org, Nathan Kauffman, Vice President and Omaha Branch Executive and Ty Kreitman, Assistant Economist talk about Agricultural Lending being Consistently Slower.
Farm lending slowed alongside the initial effects of the pandemic and a more pessimistic outlook for agricultural economic conditions. The volume of total non-real estate farm loans continued into a yearlong trend of declines during the second quarter of 2020.
The slowdown in lending generally was consistent across all types of loans. Delinquency rates on farm loans increased at a steady pace through the first quarter and agricultural credit conditions remained weak. Recently implemented government lending programs (Paycheck Protection Program (PPP) and Economic Injury Disaster Loans) likely supplemented the financing needs of some producers while direct aid payments may help offset declines in farm revenues in 2020.
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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
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OCA Convention and Trade Show Agenda and Speaker List Announced |
The OCA Convention and Trade show is coming up July 24 and 25th at the Marriott Hotel in Tulsa Oklahoma.
This years convention agenda and speakers have been released and includes a great lineup with Kent Bacus, the Senior Director of International Trade and Market Access for the National Cattlemen’s Beef Association, Sara Scott, the vice president of foodservice for the Certified Angus Beef ® brand, OSU's Dr. Rosslyn Biggs, Sara Place, the Chief Sustainability Officer at Elanco, and many more.
Pre-Registration has closed, but on-site registration will be available at the convention. Take a look below at this year's agenda, and all the great speakers!
You can find more information on the Convention HERE:
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Vesicular Stomatitis Confirmed in a New County--Oklahoma Update |
Vesicular Stomatitis has been confirmed in a new County according to State Veterinarian Rod Hall. Hall says, "We have just confirmed a case of Vesicular Stomatitis in a new County. In addition to the three confirmed cases in Washington County, we now have a case in Craig County. As you probably know there have been a large number of cases in Kansas southeast of Wichita, so this case follows the tributaries of the Arkansas River which is what they’re seeing in Kansas. Cases have also been confirmed in far Southwest Missouri.
Please be aware that this will cause restrictions to be placed on livestock moving from Oklahoma to some other states and some other countries. You should call the state of destination just to be sure, and plan to see the livestock within a few days of them traveling to make sure there are no lesions present. Most states will require specific statements regarding VSV as well.
We continue to investigate new cases and have several suspected cases we’re waiting for results on. Please be aware of this outbreak, report any suspicious cases in horses, cattle, sheep, goats, or swine, and please make as many of your stakeholders as possible aware of this.
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This Weeks Ag In the Classroom--The Crazy Oklahoma Weather! |
Summertime is here and the kiddos are out of school with many parents are at home with their kiddos, wondering, "What do we do now?" Oklahoma Ag in the Classroom has come up with some excellent daily activities you can do with your kids and family.
Today we are featuring Oklahoma's Crazy Weather! Drought, thunderstorms, heat, and wind! Oklahoma weather can change in a heartbeat! Farmers and ranchers live by the weather. Crops need water and sunlight, and farm animals need to eat those plants. The amount of rain that falls in a year is probably the most important weather-related factor for farmers and ranchers. Severe weather conditions can be a factor as well. If rainfall is low or if hail or tornadoes damage crops,the crop yields will be low, creating a shortage of product.
When there is a shortage of product, the price goes up. Animals have to eat, and feed comes from crops. When crop yields are low it becomes more expensive to feed the livestock. The more expensive it is to feed livestock, the more expensive it becomes for the consumer to purchase the meat. This classic example of supply and demand all starts with the weather. When there is adequate rainfall, there is more grass for cattle and other livestock and less need for supplementary feed. Crops are more successful, making feed that is needed less expensive. Livestock is healthier, and meat is less expensive at the grocery store.
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Plains Grains Reports Hard Red Winter Wheat Harvest Has Reached Northern US States with Kansas Now Called 99 Percent Done
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Weekly, Plains Grains issues a Wheat Harvest Report from the Hard Red Winter Wheat Belt- Here is the latest report as released Thursday evening, July 16, 2020:
The 2020 HRW wheat harvest continued to roll this week as Kansas is now 99% complete with harvest(Oklahoma and Texas are 100 percent complete). Cutting was halted late in the week in Nebraska as showers moved across western areas. The same system extended southward into northwest Kansas and northeastern Colorado, but with more limited amounts of precipitation. South Dakota, now 21% complete with harvest, also saw showers from the same system slowing harvest progression. There are early reports out of South Dakota indicating very good yield potential and early deliveries to elevators averaging 58 lb/bu (76.4 kg/hl) to 62 lb/bu (81.5 kg/hl) in central and east central areas. Protein averages in these areas range from 10.5% to 11.5%. 74% of the South Dakota crop is now rated good to excellent.
To read the full report- including latest test results from samples from south of us to now north- click on the link below.
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Courtesy of the US Grains Council- Here is a infographic that illustrates how China has stepped up it's buying of US Corn in recent days. |
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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 are back to being reported as pennies up or down- versus the huge moves this spring- Choice Beef up 4 cents while Select Beef was down 7 cents.
Click on the Button below for the latest report from USDA Market News
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Links from our Livestock Auction Reports that we post weekly are now available by clicking on the LINKS below |
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 Director and Editor
KC Sheperd, Associate Farm Director and Editor
Dave Lanning, Markets and Production
Sam Knipp, Farm News 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 are a main reason Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity will dive into these stories each week bringing you insight into the great things happening in and to rural Oklahoma. We will bring you stories covering rural life, agriculture, energy, healthcare, tourism and politics all affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
Episode 40 features a conversation hosted by KC Sheperd with the 2020 Oklahoma FFA Star Farmer Reagan Klassen of the Hydro-Eakly FFA Chapter- and then Ron Hays describes the Agribusiness that propelled Kale Miller of Stroud FFA to Stardom as the 2020 Oklahoma FFA Star in Agribusiness.
A NEW Road to Rural Prosperity will be posted LATER TODAY!
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, Oklahoma Cotton Council, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, 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
Radio Oklahoma Ag Network
2401 Exchange Avenue,
Suite F
Oklahoma City, OK 73108
405.317.6361
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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network
405.373.6144
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