Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Tuesday, May 4, 2021
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Here is your daily Oklahoma farm and ranch news update.
- USDA Report Shows Nations's Corn Planting is Nearing 50 Percent And Oklahoma Wheat Crop Deteriorates
- Dr. Derrell Peel on the Cattle Markets Continuous Struggle
- Colin Woodall, NCBA, Says Producers Are on The Wrong Side of Market Leverage Right Now
- Farm Bureau Launches Farm State of Mind Resource Directory to Support Mental Health Month
- FACA Recommends USDA Use Pilot Projects to Build Toward a Carbon Bank
- OGFA Annual Meeting & Beef Day Happening Today
- PLUS- More Stories to Check Out From Our Website- OklahomaFarmReport.Com
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USDA Report Shows Nations's Corn Planting is Nearing 50 Percent And Oklahoma Wheat Crop Deteriorates
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U.S. corn producers have been running night and day this past week and now almost half the crop is planted according to the latest USDA Crop Progress Report.
The report shows 46 percent of the crop is planted in the 18 major corn-producing states, compared to 17 percent last week and well ahead of the average of 36 percent for this date. However, last year they had planted 48 percent by this date.
The U.S. wheat crop is running slightly behind in maturity as just 27 percent of the crop is headed, compared to the average of 34 percent average on this date.
Overall, the U.S. winter wheat crop is rated at 48 percent good to excellent (49 percent last week), 33 percent fair and 19 percent poor to very poor.
For the first time since last fall, Oklahoma has dropped out of first place in the winter wheat crop condition race, dropping from 61 percent last week rated good to excellent to only 54 percent this week.
The remainder of the crop is rated 34 percent fair and 12 percent poor to very poor.
Oklahoma winter wheat jointing reached 96 percent. Winter wheat headed reached 64 percent, down 4 points from the previous year and down 2 points from normal.
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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 the Cattle Markets Continuous Struggle
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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 Mark Johnson. Today, Dr. Peel talks about the struggles with the cattle market.
Fed cattle markets rallied early in April but have stalled again and pulled back below $120/cwt. the last week of April. Ample supplies of fed cattle continue to hang over the market as feedlots struggle to get more current. Meanwhile boxed beef has pushed upward with Choice values at $296.50/cwt. the last Friday in April. Select boxed beef was $283.05/cwt. at the end of the month.
Beef packers have very large margins and appear to be trying to push kills in the face of limited capacity. Saturday steer and heifer kills for the last two weeks of actual slaughter data were both above 55,000 head, very large Saturday numbers. Saturday steer and heifer slaughter thus far in 2021 is up 58 percent over 2020 and up more than 92 percent over 2019 levels. The most recent data shows steer carcass weights at 898 pounds, up from 889 pounds this same week one year ago and 857 pounds in 2019. Heifer carcass weights were 837 pounds in the most recent data compared to 823 pounds last year and 799 pounds in the same week in 2019.
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Colin Woodall, NCBA, Says Producers Are on The Wrong Side of Market Leverage Right Now
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Cattle producers are caught in a balancing act with the packers, as each side works on leveraging supply and demand, said Colin Woodall, CEO of the National Cattlemen’s Beef Association.
Woodall said It boils down to cattle markets, that’s on the minds of everybody.
We continue to see high demand and high cutout values and hear about the packer margins, he said.
On the producer side, we haven’t seen a whole lot of appreciation in price, he noted.
The age-old question of how we get more of that dollar in the producers’ pockets is top of mind, he said.
The NCBA CEO said they are closely watching the numbers, keeping in mind what cattle producers have said about triggering price transparency thresholds that can swing market leverage to one side or the other.
Leverage is simply supply and demand and if you have the supply and someone wants what you have then you have the leverage, he said.
There are a lot of cattle out there and the packers know that, so they have the leverage, he said.
We’re not giving up hope that we can take back that leverage but right now it is firmly in the packer camp, Woodall said.
Part of the problem lie with reduced packer capacity following the 2013-14 drought that reduced cow herds.
Packers made the business decision to shut down plants.
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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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The State of: Reapportionment’s Impact on the 2022 Midterm Elections
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Through a series of articles we call The State, the American Farm Bureau Federation’s Advocacy and Political Affairs team is providing analysis related to "the state of" advocacy and political trends impacting farmers, ranchers and other rural Americans.
The trove of data from the much-delayed U.S. census is starting to be unveiled, revealing, in terms of politics, which states are winners and which are losers with the reapportionment of 435 House seats in Congress. Early projections showed several states in play, but the late-April announcement by the U.S. Census Bureau had far fewer states impacted than originally estimated.
First Step: Reapportionment
Six states are gaining seats, with Texas seen as the biggest winner, gaining two additional congressional seats. Five other states will have one additional representative: North Carolina and Florida on the Eastern seaboard, along with Oregon, Montana and Colorado out West. This shift in congressional representation continues a multi-decade trend of the U.S. population moving toward the Southern and Western states – and away from the Northeast and the upper Midwest.
The U.S. Census Bureau made headlines in announcing that California, which has the largest delegation in Congress with 53 representatives, would be giving up a congressional seat for the very first time since entering the union.
Other states losing a congressional seat include Michigan, Illinois, Pennsylvania, West Virginia, Ohio and New York.
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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
Oklahoma AgCredit is a member of the Farm Credit System that serves every part of agriculture from the smallest operations to the largest – and everything in between. Whether helping a young farm family begin, supporting our veterans as they return home and take up farming or financing U.S. agricultural exports around the globe, Farm Credit is committed to the success of American agriculture.
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FACA Recommends USDA Use Pilot Projects to Build Toward a Carbon Bank
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The Food and Agriculture Climate Alliance (FACA), now more than 70 members strong, has worked over the past three months to develop specific recommendations for how the U.S. Department of Agriculture (USDA) should approach a potential carbon bank. FACA began sharing those recommendations with USDA and Congress today.
A voluntary, USDA-led carbon bank is one policy mechanism being considered to help reduce barriers that producers and landowners face to participating in voluntary carbon markets and adopting climate-smart practices.
FACA recommends that USDA lay the foundation for a potential carbon bank by first developing a series of pilot projects that would focus on the following four areas:
• Scaling climate solutions: Pilot projects should help increase adoption of climate-smart practices that reduce, directly capture or sequester greenhouse gas emissions, and/or increase climate resilience. Pilots should deploy “critical climate infrastructure” to increase the capacity of farmers, ranchers and forest owners to adapt to climate change, while ensuring food and economic security.
• Removing barriers to adoption: Pilot projects should encourage the widespread adoption of climate-smart practices and critical climate infrastructure by removing barriers and making it easier for producers and landowners to adopt these practices.
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Since January 20, 2021, the Biden-Harris Administration has been on a mission to Build Back Better. From the American Rescue Plan to the American Jobs Plan and now with the introduction of the American Families Plan, action has been taken to provide relief to the American people, and the necessary investments have been made to rescue and begin to rebuild our economy.
Throughout the agriculture sector, COVID-19 has had a lasting impact on many, including farmers, ranchers and producers. To ensure that the agriculture sector rebuilds following the pandemic, USDA has offered new, broader, and more equitable opportunities for farmers, ranchers and producers:
• USDA announced Pandemic Assistance for Producers, an umbrella initiative that will provide $6.5 billion in funding to reach a broader set of producers than in previous COVID-19 aid programs. Additionally, USDA reopened sign-up in April for the Coronavirus Food Assistance Program 2 and announced the availability of $2 million to establish partnerships with organizations to provide outreach to socially disadvantaged producers. USDA has already distributed or announced the intent to distribute more than $330 million in Pandemic Assistance for Producer funds.
• Foreclosures and collection of past-due debts for distressed borrowers were temporarily suspended under the FSA’s Farm Storage Facility Loan and the Direct Farm Loan programs. The relief was extended to 12,000 farmers, or 10% of all FSA borrowers.
• Technical and financial assistance was provided to help farmers and livestock producers recover from damages brought on by winter storms. Key programs included the Livestock Indemnity Program, the Emergency Assistance for Livestock, Honeybee and Farm-raised Fish Program, and the Tree Assistance Program.
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OGFA Meeting & Beef Day at the Capital
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Beef Day Kicks off at the State Capital today starting at 9:30 am in the state capital Rotunda. They will have a Beef lunch with boot shines, and all OCA Members are welcome to attend.
The purpose of Beef Day is to provide our elected officials and those that work with them a tasty beef meal while promoting beef and building relationships. Oklahoma is the 5th largest beef producing state with more than 55,000 ranches statewide.
“Beef cattle is Oklahoma’s #1 Commodity adding over $3 billion to the Oklahoma economy annually,” said Michael Kelsey, OCA Executive Vice President. “It's important for us to educate our elected officials that beef is more than just what's for dinner here in Oklahoma!”
In addition to the OCA, The Oklahoma Beef Council, Oklahoma CattleWomen, Noble Research Institute and the Oklahoma State University Animal Science Extension set up booths inside the capitol rotunda all in an effort to promote beef and enlighten attendees on the daily, diligent efforts of ranchers to care for land and cattle.
"Events like this are a great tool to educate and create relationships,” Kelsey said. “Cultivating relationships with legislators and their staff is vital to my staff and I while advocating for Oklahoma beef producers.”
Complimentary boot shines will also available throughout the day.
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The Oklahoma Grain and Feed Association will also be hosting their annual meeting today at the Edmond Conference Center & Hilton Garden Inn.
They will be having their annual business meeting, the 2021 Oklahoma Wheat Crop Tour Report Session and a luncheon Keynote with Dr. Kayse M. Shrum, D.O., President-designate, Oklahoma State University; President, OSU Center for Health Sciences & Dean, OSU College of Osteopathic Medicine
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More Stories to Check Out From Our Website- OklahomaFarmReport.Com
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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 to go higher- Choice Beef was up $2.80 and Select Beef was up 74 cents on Monday May 3rd.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 6,500 head on the first Monday sale of 2021.
Compared to last week: Feeder steers 2.00 - 3.00 lower. Feeder heifers steady to 3.00 lower. Steer calves steady to 4.00 higher. Heifer calves steady to 4.00 lower. Calves compared to last weeks light test. Demand moderate to good.
Click below for the complete closing report.
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The Joplin Regional Stockyards had a total run of 4.621 head for their first trading day for the month of May.
Compared to last week, feeder steers and heifers traded steady to 2.00 higher. Supply moderate with good demand.
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.
As the 2021 Legislative Session heads into the Home stretch for 2021- Host Ron Hays talks with OCA Executive Director Michael Kelsey about bills that have been passed and the Governor has signed, several bills that are still in play and how the budget bills are starting to come into focus. Ron and Michael also talk about the mood of cattle producers and their concerns- locally and nationally.
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, 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, 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
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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