Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Tuesday, January 12, 2021
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Here is your daily Oklahoma farm and ranch news update.
- Superior Livestock's BellRinger Sale Starts This Morning With a Record Number of Cattle Offered
- Farmers Gain Improved Access to Small Business Support as PPP Reopens
- Conservation Partners open New Year with a signed agreement with Chickasaw Nation to promote Conservation Practices
- Join Pork's Fresh Start Wellness Challenge
- Dr. Derrell Peel on How the Beef Trade Bounces Back
- Russian Wheat Export Controls: They Are at It Again
- 2020 Oklahoma Brand Book Available for Purchase
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Superior Livestock's BellRinger Sale Opens The Year With a Record Number of Cattle Offered
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Superior Livestock’s BellRinger sale kicks off the new year this morning with a record number of cattle offered, said Danny Jones, president of Superior Livestock.
The three day sale is traditionally held in conjunction with the Denver National Western Stock Show but due to the Denver cancellation and the establishment of the Cattlemen’s Congress in Oklahoma City, the sale has moved to Oklahoma.
And it's been expanded to three days this year from the traditional two day sale because it's sixty percent bigger than the last two years.
We’re pleased that we were able to facilitate the Cattlemen’s Congress here in Oklahoma City, Jones said.
This year the sale is the biggest it’s ever been with about 142,000 head of cattle, Jones said. Last year they had 86,000 head.
This is a nice jump in numbers, and we are pleased people are trusting us with the marketing of their cattle, he said.
Jones attributed the higher sale numbers this year to a possible carry over of cattle due to marketing and tax management.
If you look at it there are 80,000 yearlings and a lot of weaned calves, he said.
We are seeing some real growth in new customer business, he added.
This past year has been a challenge, but we were still able to make it a good year, Jones said.
For our part of the country- Jones adds that today's yearlings being sold included many consignments from our region- while the calves being offered on Thursday will include a lot of calves from Oklahoma, Texas and Kansas.
Click here for the details of the sale from the Superior website- and click on the button to hear my visit with Danny Jones about the BellRinger as well as a review of 2020 and a look into the plans for 2021.
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Oklahoma AgCredit is a cooperative, owned by the members we serve. This ensures our customers’ needs come first. Our profit can only be used in two ways – retained to build our financial strength or passed on to members through our Patronage Program. Patronage is like an interest rebate and it basically reduces our members cost of borrowing. We have returned more than $53 million to our members since 1997.
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Farmers Gain Improved Access to Small Business Support as PPP Reopens
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The National Milk Producers Federation is pleased that farmers who run their operations as sole proprietors, independent contractors, or otherwise self-employed individuals will have newly expanded access as soon as today to the Paycheck Protection Program (PPP) under changes made in the COVID stimulus package Congress approved last month.
Producers who were denied PPP loans or whose loan amounts did not consider self-employment compensation may now be eligible for the vital federal small business support. Eligibility information and more details can be found here Those wanting to apply for a PPP loan should contact lenders directly for more information on when PPP will be open for that specific lender.
“NMPF is pleased that many of our dairy farmers will have fewer restrictions and limitations on the PPP support available to them as the program reopens this week,” said Jim Mulhern, NMPF’s president and CEO. “We have been grateful for the support already extended to dairy through PPP, and we deeply appreciate the improved access found in the latest stimulus package.”
Congress created PPP in the CARES Act in March of 2020 to help American small businesses keep employees during the coronavirus pandemic. Still, the program’s emphasis on payroll raised inadvertent yet sizable challenges for many farmers and ranchers who do not issue structured payroll -- namely those operating as sole proprietors, independent contractors, or self-employed producers who file a Schedule F with their 1040 income tax form. The program’s loan application required such producers to use their net farm profit amount from their Schedule F tax form as a stand-in for their self-employment compensation when applying for a PPP loan. However, many farmers and ranchers filed a zero or negative net farm profit on their 2019 tax forms, effectually making them ineligible for the small business support.
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Conservation Partners Open New Year with signed agreement with Chickasaw Nation to promote Conservation Practices
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The Chickasaw Nation, the Oka’ Institute, the Oklahoma Conservation Commission and the Natural Resources Conservation Service begin 2021 with a signed Memorandum of Understanding agreeing to work together to provide quality resources, education, and research toward the continuous development and improvement to the local communities and watersheds contained within the Chickasaw Nation’s territory.
Tribal landowners and land users play an important role in the management of agricultural land, and these partners looks forward to supporting conservation efforts through this agreement.
“The Chickasaw Nation, working with our dedicated conservation partners, acknowledges our intent and commitment to work cooperatively and effectively to provide quality resources, education, and research toward watershed health within the Chickasaw Nation,” said Kristopher Patton, Chickasaw Nation Director of Natural Resources. “This ‘cornerstone agreement’ symbolizes a commitment to watershed sustainability focused on engagement and action by local stakeholders to successfully accomplish land stewardship best management practices. This effort is a key process towards overall environmental health and economic prosperity within our local communities.”
“We at Oka’ the Water Institute at ECU are excited to be a part of this historic collaboration between Chickasaw Nation, OCC, and NRCS,” said Susan Paddack, Executive Director of The Oka’ Institute. “Through our work together, we will be able to help landowners implement best management practices that will improve the quality of their land and will ultimately improve their economic prosperity. The resulting benefit to the watershed will be healthier soil and improved water quality and quantity-truly a win-win situation for all.”
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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 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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Join Pork's Fresh Start Wellness Challenge
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The new Pork Checkoff-funded Fresh Start Wellness Challenge is designed to reach the many people research tells us are looking for a fresh start in 2021. The challenge aims to overcome misperceptions about pork nutrition at a time when people are focused on improving their health and wellness.
Participants will be inspired to get active via the Stridekick app
Pork producers are encouraged to join in and participate in the challenge, running from Jan. 11 to Feb. 7, by following these sign-up instructions
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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 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. To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes.
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Dr. Derrell Peel on How the Beef Trade Bounces Back
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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 Beef trade bouncing back.
U.S. beef trade is stabilizing as the ripple effects of the initial COVID-19 disruptions continue to fade. The latest beef trade data for November shows that monthly exports were up 13.2 percent year over year. This brings the year to date total to a cumulative reduction of 3.7 percent year over year for the first eleven months of the year. Exports were very volatile in 2020, starting higher year over year before dropping sharply in May and June and recovering in the second half of the year.
Japan remains the largest beef export market in 2020 with exports up a modest 3.4 percent for the year to date through November and accounting for 28.5 percent of total beef exports for the period. South Korea is the number two market down 1.2 percent year over year through November. South Korea represents 23.2 percent of total beef exports for the year to date. With a 48.7 percent monthly increase in November, Mexico reclaimed the number three spot as a beef export destination but is still down 31.2 percent year over year for the year to date. Canada is the number four market for U.S. beef exports through November, up 6.4 percent for the January to November period and accounting for 9.7 percent of total exports through November. Hong Kong is the number five export market, down 5.1 percent through November and accounting for 7.4 percent of total beef exports for the year to date. The top five export markets represent 78.9 percent of total beef exports for the January to November period. Taiwan and China were the number six and seven markets adding another 6.9 and 3.5 percent to total beef exports respectively through November.
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Russian Wheat Export Controls: They Are at It Again
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In the latest issue of USwheat.org, Michael Anderson, USW Assistant Director, West Coast Office writes about the Russian Wheat Export Controls. He writes:
"On Nov. 13, 1991, the Chicago Tribune ran this headline: “Soviet Bread Prices Skyrocket By 600%.” Bread was already in short supply and if you bought it that morning, you would have paid 60 kopeks, by that afternoon it was 3.60 rubles.
Apparently, the memory of such an event nearly three decades ago is still fresh in the mind of Russia’s President Putin. After he criticized the high price of flour and bread recently, the government quickly announced plans for wheat export taxes and an export quota, even though Russian farmers produced a massive wheat crop for this marketing year.
U.S. Wheat Associates (USW) is not surprised. Despite making up a quarter of the worldwide wheat market, Russia continually insists on controlling exports to keep domestic food prices under control.
Over the last 13 years, Russia has placed some form of restriction on wheat exports six times, including twice in the last year. And, as a result, that choice always led to unnecessary disruptions to wheat buyers from the run up in world wheat prices and uncertainly over supplies.
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2020 Oklahoma Brand Book Available for Purchase
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In the State of Oklahoma, brand registrations occur every five years (years ending in ‘0’ and ‘5’). The 2020 Brand Renewal process has convened, and the new brand book is available for purchase.
“Complementary copies of the 2020 Brand Book will be shipped to all County Extension offices and County Sheriffs,” said Cassie Danielson, State Brand Registrar. “Agricultural Educators are eligible to receive a complimentary copy but must request it by calling the OCA Office at 405-235-4391 or emailing brands@okcattlemen.org .”
To order your brand book, visit okcattlemen.org and click on the “General Store” link located on the quick links menu.
If you need to update your contact information, please email brands@okcattlemen.org. Brand registration is voluntary and is not required by law in the state of Oklahoma. The Oklahoma Cattlemen’s Association houses and serves as the State Brand Registrar. However, OCA membership and brand registration are separate.
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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 mixed on Monday, January 11th- Choice Beef was up 89 cents and Select Beef was down 95 cents.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 11,000 head on Monday, January 11th.
Compared to last week: Feeder steers and heifers steady to 2.00 higher, except 600-700 lb steers 4.00-6.00 higher. Steer calves steady to 4.00 higher, most advance on 5 weights. Heifer calves closing steady to 2.00 lower. Demand moderate to good. Quality average to attractive. More seasonable like weather has arrived with temperatures warming to the mid to upper 50's by mid to late week. Cattle futures improved some late last week, however high corn prices continue to curb demand for feeder cattle.
Click below for the complete report as compiled by USDA Market News
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The Joplin Regional Stockyards had a total run of 7,392 Monday January 11th.
Compared to last week, steers and heifers steady to 2.00 lower, except under 500 lbs., steady to firm. Supply and demand was moderate.
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 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 is the 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 affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
Ron Hays reports from the first ever Cattlemen's Congress in Oklahoma City- and talks with Shane Bedwell, Chief Operating Officer of the American Hereford Association and Mark McCully, CEO of the American Angus Association. These beef industry leaders talk about the show at the OKC Fairgrounds as well as the latest on their respective beef breeds. They also offer their perspectives on balancing the value of phenotype evaluation versus EPD genomics.
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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