Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Tuesday, October 27, 2020
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Here is your daily Oklahoma farm and ranch news update.
- More than $7 Billion Paid in Second Round of USDA Coronavirus Food Assistance Program
- Latest USDA Crop Progress Report Shows Winter Wheat Struggling as Fall Harvest Nears Finish Line
- Virtual National FFA Convention Set to Kick Off Today
- Latest Cattle on Feed Report Termed Bearish For The Market Says OSU's Dr. Peel
- MORE Derrell- In His Weekly Cow Calf Corner Op-Ed, He Weighs in on the Early Winter Storm and Cattle on Feed
- USTR and USDA Release Report on Agricultural Trade between the United States and China
- New Rule Makes Enhancements to Environmental Quality Incentives Program
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More than $7 Billion Paid in Second Round of USDA Coronavirus Food Assistance Program
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U.S. Secretary of Agriculture Sonny Perdue announced that in the first month of the application period, the USDA Farm Service Agency (FSA) approved more than $7.6 billion in payments to producers in the second round of the Coronavirus Food Assistance Program. CFAP 2 provides agricultural producers with financial assistance to help absorb some of the increased marketing costs associated with the COVID-19 pandemic.
“America’s agriculture communities are resilient, but still face many challenges due to the COVID-19 pandemic. These payments directed by President Trump will continue to help this critical industry recoup some of their losses from ongoing market disruptions and associated costs,” said Secretary Perdue. “This program builds upon the over $10 billion disbursed under the first round of CFAP. Agricultural producers who have been impacted by the pandemic since April 2020 are encouraged to apply for assistance.”
Since CFAP 2 enrollment began on September 21, FSA has approved more than 443,000 applications.
Two commodities- corn and cattle- have had more than a billion dollars each pay out to the farmers and ranchers involved. The top five states for payments are Iowa, Nebraska, Minnesota, Illinois and Kansas. Oklahoma farmers and ranchers have seen payments to the tune of $215 million dollars to date.
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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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Latest USDA Crop Progress Report Shows Winter Wheat Sturggling as Fall Harvest Nears Finish Line
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Another sign of expanding drought conditions showed up in the latest USDA Crop Progress Report with the first rating of the newly planted 2020-21 winter wheat crop and it’s not pretty as Texas leads the nation with 27 percent of the crop in poor to very poor condition. Oklahoma and Kansas are close behind with 25 percent and 24 percent respectfully in that category.
Overall, in the 18 major winter wheat producing states, the crop is rated 41 percent in the good to excellent category, 40 percent fair and 19 percent in the poor to very poor category.
Compared to a year ago at this time, 56 percent of the crop was in the good to excellent category, 31 percent fair and 13 percent poor to very poor.
Winter wheat producers have planted 85 percent of their crop, 8 points more than last week and 5 points ahead of the average.
Approximately 62 percent of the crop has emerged which is 2 points ahead of the 5-year average.
Fall harvest is winding down as U.S. corn farmers have completed 72 percent of their acres, well ahead of the 56 percent average for this time of year.
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Virtual National FFA Convention Kicks Off Today
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I would normally be in Indianapolis this week running from one venue to the next covering the exploits of one of the top state FFA programs in the nation- the Oklahoma FFA. It feels really strange not being there- not seeing wave upon wave of Blue and Gold jackets and seeing how many different Oklahoma Chapters you might spot based on the back of their jacket while at the same time looking for those jackets that sported state names like Hawaii, Alaska and Maine or Vermont.
This afternoon the general sessions are gonna be happening- and there are other virtual things that will be happening as well- but it just lacks the coolness factor of being there for real.
With that said- we are excited to be able to follow along and report to you how our Oklahoma FFA participants do here in 2020.
At the opening general session at 1 PM central- former Oklahoma Congressman and now NASA Administrator Jim Bridenstein will be providing the opening keynote address- and there will be some awards being handed out- Agriscience fair winners in the Animal Systems Divisions and Environmental System Divisions; Proficiency winners in Agricultural Communications thru the Agricultural Services categories.
Tonight at 6 pm central- the session will include the announcement the Models of Excellence National Chapter; Agriscience fair winners in the Food Products and Processing Systems and Proficiency winners in Agriscience Research thru Diversified Agricultural Production.
You can watch on several platforms- including on the National FFA website- which we link to in the button below.
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Each Weekday- Listen to Cotton Talk!
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 new daily report starting to be heard on several of our Radio Stations- It's Called Cotton Talk- and we appreciate the Oklahoma Cotton Council for their support in making this a reality.
Click on the Button below to listen to our most recent report
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Latest Cattle on Feed Report Termed Bearish For The Market Says OSU's Dr. Peel
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The latest USDA Cattle on Feed report could be bearish for the market said Dr. Derrell Peel, OSU Extension livestock market economist. Dr. Peel analyzed the report during an interview with yours truly.
Starting first with the numbers, cattle placements were at 105.9 percent compared to a year ago, marketings at 106.2 percent giving us total cattle on feed of 103.8 percent of last year.
The placement number is a little bigger than expected and this may be bearish but hard to say, Peel noted, as cattle markets have been under pressure the last several weeks.
The marketing number is slightly higher than expected, Peel said, and this is the third month in a row with big placements.
The OSU economist said the numbers indicate we are still trying to get the ripples caused by the coronavirus worked through the system.
It certainly doesn’t mean we suddenly found a bunch more cattle that we didn’t have, he said.
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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
The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- “Improving the Lives of Rural Oklahomans." Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected. Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
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MORE Derrell- In His Weekly Cow Calf Corner Op-Ed, He Weighs in on the Early Winter Storm and Cattle on Feed
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Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Peel talks about the early winter storm and cattle on feed.
A large winter storm is advancing across the central U.S. bringing cold temperatures and some much-needed moisture. Oklahoma is expected to see a first freeze and precipitation ranging from rain to freezing rain to ice to snow though mid-week. Farther north and west, snow and cold are blanketing much of the Rocky Mountain and plains regions. Fluctuating temperatures and cold, wet conditions add additional stress and health challenges for cattle, particularly for weaning calves and receiving stockers and feedlot cattle.
Feedlots continued to build inventories in September leading to a record feedlot total for October 1, according to the latest USDA Cattle on Feed report. September placements were 105.9 percent of last year, larger than expected and higher year over year for a third straight month. Feedlot marketings in September were 106.2 percent of last year, slightly larger than expected. There was one more business day in September and daily average marketing were about one percent above last year. The October 1 feedlot total was 11.72 million head, 103.8 percent of last year and a record large October total for the data series back to 1996.
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USTR and USDA Release Report on Agricultural Trade between the United States and China
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The Office of the U.S. Trade Representative (USTR) and the U.S. Department of Agriculture (USDA) today issued a report highlighting the progress made to date in implementing the agricultural provisions in the U.S.-China Phase One Economic and Trade Agreement, which is delivering historic results for American agriculture.
Since the Agreement entered into force, the United States and China have addressed a multitude of structural barriers in China that had been impeding exports of U.S. food and agricultural products. To date, China has implemented at least 50 of the 57 technical commitments under the Phase One Agreement. These structural changes will benefit American farmers for decades to come. China also has substantially ramped up its purchases of U.S. agricultural products. To date, China has purchased over $23 billion in agricultural products, approximately 71% of its target under the Phase One Agreement. Highlights outlined in the report include:
• Corn: Outstanding sales of U.S. corn to China are at an all-time high of 8.7 million tons.
• Soybeans: U.S. soybeans sales for marketing year 2021 are off to the strongest start in history, with outstanding sales to China double 2017 levels.
• Sorghum: U.S. exports of sorghum to China from January to August 2020 totaled $617 million, up from $561 million for the same period in 2017.
• Pork: U.S. pork exports to China hit an all-time record in just the first five months of 2020.
• Beef: U.S. beef and beef products exports to China through August 2020 are already more than triple the total for 2017.
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New Rule Makes Enhancements to Environmental Quality Incentives Program
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The U.S. Department of Agriculture (USDA) today released the final rule offsite link image for its Environmental Quality Incentives Program (EQIP). The rule updates USDA’s flagship program as directed by the 2018 Farm Bill and integrates feedback from agricultural producers and others.
“This final rule enables us to continue helping producers manage their land in the most beneficial ways possible,” said Kevin Norton, acting Chief of USDA’s Natural Resources Conservation Service. “EQIP offers producers more than 150 conservation practices and helps bridge the gap between their concerns and the opportunity to implement solutions.”
NRCS provides producers with financial resources and one-on-one help to plan and implement conservation practices through EQIP. Popular EQIP practices include cover crops, nutrient management, forest stand improvement, prescribed grazing, irrigation efficiency improvement, and water quality improvement practices. Implementing conservation practices can lead to cleaner water and air, healthier soil, and better wildlife habitat while improving agricultural operations.
The Natural Resources Conservation Service (NRCS) released its final rule for the Environmental Quality Incentives Program (EQIP). For decades, EQIP has helped farmers and ranchers improve the quality of the lands and waters they steward by providing financial help for specific projects or installations that address natural resource concerns.
While imperfect, the EQIP rule does contain a number of useful provisions that enhance the program. Several of these changes reflect recommendations submitted by the National Sustainable Agriculture Coalition (NSAC) in comments to NRCS in February 2020 upon the release of the EQIP interim final rule (IFR). Positive elements of the rule include:
• Upholding the intended purpose of EQIP to help farmers and ranchers proactively conserve their resources rather than focusing solely on subsidizing the regulated community
• Defining assistance related to organic production as an EQIP purpose
• Affirming the need for farmers to build soil health and climate resilience as national priorities within EQIP
• Reassurance that the EQIP advanced payment will be automatically applied to all underserved applicants
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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 continue down a bumpy road- Choice Beef is 34 cents higher while select beef drops $2.91 in the Monday afternoon report.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 3,300 head on Monday-
Due to inclement weather the sale was postponed for one hour.
*** Close ***
Compared to last week: Feeder steers and heifers traded mostly 3.00-5.00 lower on limited comparable sales. To few comparable trades on calves for an accurate test, however a lower undertone is noted. Demand moderate. Quality average. A cold front swept across the trade area hampering livestock movement..
Click below for the complete closing report.
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Joplin Regional Stockyards had 2,741 cattle on Monday with the winter like October weather limiting numbers.
Compared to last week, steer and heifer calves 2.00 to 5.00 lower, yearlings steady to 5.00 lower. Demand moderate to light, supply light.
Click below to check the full report.
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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 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.
Host Ron Hays Caught up with Oklahoma Governor Kevin Stitt and got his take on where things stand with McGirt Vs Oklahoma on the day after his Commission on Cooperative Sovereignty reported back to him on how the State of Oklahoma and the Indian Tribes in eastern Oklahoma need to solve the fallout from the Supreme Court ruling against the state. They also discuss the two State Questions on the November ballot- the Governor is voting yes on one and no on the other one- and Ron got a Top Ten Update from the Governor as well.
Today's Road to Rural Prosperity is being powered by the Public Service Company of Oklahoma.
To find out more about our full series of Podcasts on The Road to Rural Prosperity- click or tap here.
To hear this Podcast you can click here or tap below:
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR/OFU, 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
405.473.6144
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