Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Wednesday, June 2, 2021
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Here is your daily Oklahoma farm and ranch news update.
- One Day Black Swan Hits Beef and Pork Markets as JBS Plants Go Dark
- Wheat Producers Wait on Crop to Dry as Corn And Soybean Farmers Finish Planting Chores
- Oklahoma Rancher Jimmy Taylor Working Hard to Increase Beef Demand as a Member of the Cattlemen's Beef Promotion And Research Board
- NACD Responds to USDA's Pandemic Cover Crop Program
- Dr. Derrell Peel Says Meat Markets Are Hotter than Summer So Far
- Dairy Defined: Dairy is a Cause to Celebrate on a Unique World Milk Day
- 5 Ways to Engage with Pork Checkoff at World Pork Expo
- NCBA Pushes Congress to Address Areas of Concern in the Cattle Industry
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One Day Black Swan Hits Beef and Pork Markets as JBS Plants Go Dark |
A ransomware attack on JBS in the US, Canada and Australia forced the Meat Packing giant to close all of it's beef processing plants and many of their pork plants on Tuesday. Cattle and Hog Futures traded lower on the day while Boxed Beef prices spiked $3 to $5 a hundred up.
The cyberattack seemed to come from Russia- and the Biden Administration called on the Russian government to not harbor criminals engaged in these types of attacks.
Based on reports around the country- including in places like Greeley, Colorado and Cactus, Texas- the JBS Beef plants were all shut down on Tuesday. The good news is that JBS officials are saying they have made good progress in addressing these issues- and apparently this may turn out to be a one day event as reports are that many of those plants that closed on Tuesday are going to operate on Wednesday (today)
This was already going to be a holiday shortened week since Memorial Day was Monday- the key to get back some of the numbers lost on Tuesday will be to have a full Saturday kill this week.
Several lawmakers spoke out on the shut downs- including the second most powerful Republican in the US Senate-- “Attacks like this one highlight the vulnerabilities in our nation’s food supply chain security, and they underscore the importance of diversifying the nation’s meat processing capacity,” said U.S. Senator John Thune of South Dakota.
One ag group released a statement last night- the Organization for Competitive Markets said this hack affecting JBS proves that "the intense concentration in the meat processing industry has simply put too many eggs in one basket and jeopardized our food security in the process," adding OCM "calls on the Biden Administration to end the monopolization of agriculture in America."
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Wheat Producers Wait on Crop to Dry as Corn And Soybean Farmers Finish Planting Chores |
The latest USDA Crop Progress report shows spring planting chores are mostly complete as winter wheat producers wait on dry weather to begin harvesting the ripening crop.
In the 18 major corn-producing states, farmers have planted 95 percent of the crop which is 8 points ahead of the average for this date.
Overall, the nation’s corn crop is rated 76 percent in the good to excellent category, slightly ahead of the 74 percent noted for this time last year.
U.S. soybean producers have planted 84 percent of their crop, a whopping 17 points of the normal average for this date.
For Oklahoma, winter wheat harvested reached 1 percent, up 1 point from the previous year but down 2 points from normal.
The Oklahoma wheat crop is rated 57 percent good to excellent, a 6-point improvement from last week.
The balance of the wheat crop is rated 36 percent fair and 7 percent poor to very poor.
Oklahoma had the best wheat crop in the region on April 5 at 70 percent good to excellent but has held steady at around 59 percent from much of May.
Oklahoma corn planted reached 70 percent, down 12 points from the previous year and down 14 points from normal.
Sorghum planted reached 30 percent, down 1 point from the previous year and down 7 points from normal.
Soybeans planted reached 27 percent, down 39 points from the previous year and down 20 points from normal.
Cotton planted reached 39 percent, up 25 points from the previous year and up 2 points from normal.
The first cutting of alfalfa hay reached 30 percent, down 15 points from the previous year and down 30 points from normal.
The first cutting of other hay reached 40 percent, down 4 points from the previous year but unchanged from normal.
Oklahoma pasture and range condition was rated at 57 percent good to excellent, a 6-point improvement from last week.
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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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Oklahoma Rancher Jimmy Taylor Working Hard to Increase Beef Demand as a Member of the Cattlemen's Beef Promotion And Research Board |
Calling it a great honor, Jimmy Taylor, Cheyenne, Okla., rancher was elected earlier this year as secretary treasurer of the Cattlemen’s Beef Promotion and Research Board.
On today’s Beef Buzz Taylor talks with me about his work on the board.
The beef board represents different segments of the beef industry with 55 percent being cow calf producers, he said. The remainder are background operators, seedstock producers, feedlot owners and auction barn owners.
With their main goal of increasing beef demand, Tayler noted both domestic and international beef demand is strong right now.
In March we set a record in exports, Taylor said, as just over $800 million of beef sales were recorded.
If this continues, we have the potential to set an all-time record for beef values, Taylor said.
The Oklahoma rancher said digital promotions have been used to successfully tell the U.S beef producers’ story to consumers.
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NACD Responds to USDA's Pandemic Cover Crop Program |
The National Association of Conservation Districts (NACD) released a statement applauding the United States Department of Agriculture (USDA)’s announcement that producers will receive a crop insurance premium for cover crops.
“Cover crops are essential for holding the soil and improving its water retention,” NACD President Michael Crowder said. “NACD applauds USDA for bolstering payments for these important practices to incentivize further adoption.”
As part of USDA’s Pandemic Assistance for Producers Program, the agency is introducing the Pandemic Cover Crop Program (PCCP) to allow producers who insured their spring crop and planted cover crops during the 2021 crop year to become eligible for a premium benefit. All cover crops reportable to the Farm Service Agency (FSA) are eligible and the premium support is $5 per acre, but no more than the full premium owed.
“The PCCP program recognizes early adopters and producers who prioritize soil health management systems,” Crowder said. “NACD is also pleased by the Natural Resources Conservation Service (NRCS)‘s decision not to modify cover crop practice standards. These forward-thinking decisions by USDA will have lasting impacts to increase cover crop adoption across the U.S.”
Producers should contact their USDA service center to learn more.
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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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Dr. Derrell Peel Says Meat Markets Are Hotter than Summer So Far |
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 Super hot meat markets.
Protein markets are red hot. With the economy opening up and growing rapidly, meat markets of all types are enjoying strong demand. In numerous cases, wholesale prices for specific meat products are at record levels, exceeding the levels provoked by the pandemic disruptions one year ago; and unlike last year, lack of supply is not the issue. Year to date production of beef, pork and broilers is higher, not only compared to last year but also higher than 2019 levels.
Broiler breast meat price has been at record levels in May, fueled no doubt by the chicken sandwich wars in quick service restaurants (QSR). Chicken leg and leg quarter prices have risen sharply since the beginning of the year. It is likely that export demand is helping to drive these markets. Chicken wing prices did not drop after the “Super Bowl Bump” but have continued to increase to record levels, passing the $3/lb. mark for the first time in the last month.
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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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Dairy Defined: Dairy is a Cause to Celebrate on a Unique World Milk Day |
Annual observances reflect the circumstances that surround them. 2021 is a unique moment, with light at the end of the COVID-19 pandemic in the U.S. and excitement for the future, mixed with apprehension and nervousness about what may lie ahead. World Milk Day on June 1 provides a moment to celebrate -- for all the difficulties -- dairy’s many impressive achievements of the past year and to consider how those accomplishments can be a springboard for whatever the next year brings. So, on this World Milk Day …
• Celebrate that the COVID-19 pandemic brought with it a renewed appreciation for nutrition that can be counted on. That was reflected in robust sales of milk and dairy products in grocery stores that outpaced the overall gain in grocery spending. When times turned tough, Americans turned to … baking. And glasses of milk for their children, and cheese and yogurt for their deliciousness, and cream for the coffee brewed before another day of workplace Zoom. Dairy has been part of the resilience that’s seen people through.
• Celebrate that U.S. dairy is increasingly nourishing consumers around the world. Hundreds of millions of people each day gain the nutrients critical to preventing and addressing malnutrition and promoting a healthy diet, including high-quality proteins, calcium, phosphorus, potassium, iodine, and vitamins B2 and B12. As of early this year, the U.S. share of the global milk market has risen to 21 percent, up from 19 percent a year earlier. That gain equals roughly 3.4 billion pounds of milk – equal to a month of production from California, the biggest U.S. milk-producing state. Dairy’s global presence – and benefits – are only growing.
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5 Ways to Engage with Pork Checkoff at World Pork Expo |
The Pork Checkoff is proud to be a gold sponsor for the 2021 World Pork Expo. The event is presented by the National Pork Producer’s Council and will take place June 9-11 at the Iowa State Fairgrounds in Des Moines.
1. Start Your AgView Path to Protection at World Pork Expo — Visit Booth 250 to create an AgView account. AgView promotes a quicker recovery for America’s pig farmers in an FAD outbreak. Click here to learn more and create an AgView account.
2. Meat Us at the Checkoff Hospitality Tent — See how the new Real Pork trust and image brand delivers on producer priorities. Show this ticket on your phone at the tent to receive a Real Pork flag and free food and drink. Good while supplies last.
3. Watch the Live Taping of the U.S. Farm Report — Host Tyne Morgan will record the U.S. Farm Report on June 9 at 1 p.m. in the Checkoff Hospitality tent. Click here to check your local listings.
4. Attend Pork Academy Sessions — Six seminars are designed to help pork producers remain competitive in today's rapidly changing environment.
5. Eat Lunch at the Big Grill — NPB is sponsoring the Big Grill this year. Join Tama County Pork Producers for lunch at their new location south of the Varied Industries Building.
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NCBA Pushes Congress to Address Areas of Concern in the Cattle Industry |
The National Cattlemen’s Beef Association (NCBA) led a letter with the support of 37 affiliate state cattle organizations, urging the leadership of the U.S. Senate and House Agriculture Committees to address critical areas of concern in the cattle and beef industry. Specifically, NCBA pushed Sen. Debbie Stabenow (D-MI), Sen. John Boozman (R-AR), Rep. David Scott (D-GA-13), and Rep. Glenn “GT” Thompson (R-PA-15) to consider swift Congressional action to · Expand beef processing capacity · Broaden labor policies to strengthen the beef processing workforce · Increase transparency in cattle markets by reauthorizing Livestock Mandatory Reporting (LMR) · Support industry efforts to reform “Product of the USA” generic labeling · Ensure proper oversight of cattle market players by concluding the ongoing U.S. Department of Justice investigation into the meatpacking sector
This grassroots letter comes as cattle producers across the country express mounting frustration at the persistent imbalance in the markets. As much of the country lifts pandemic restrictions, consumer demand for U.S. beef remains strong. Producers also have a high supply of cattle to meet demand. Despite this, producers in the cow-calf and feeder sectors of the industry are facing significant challenges. The profits yielded by high boxed beef prices are not being passed on to the producers supplying live cattle, and the supply chain is being choked by a lack of processing capacity.
“Cattle producers are frustrated, and with good reason. In sale barns and state meetings across the country, we’re hearing the same story of sky-high input costs and intense market volatility. Across the industry, there’s a consensus that market dynamics which consistently squash producer profitability are not sustainable for live cattle or beef producers,” said NCBA President Jerry Bohn. “As members of Congress create policy that directly impacts business conditions for our producers, it is critical that they consider the grassroots input and firsthand experiences of folks on the ground. Our letter provides that perspective and reinforces how urgently we need something to shift here to strengthen the security of the beef supply chain. NCBA has strong working relationships with members on both sides of the aisle, we have grassroots policy to back the actions we outlined today, and we hope the conversation in Washington around these critical policy areas will progress quickly.”
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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 sharply higher- Choice Beef was up $3.59 and Select Beef was up $5.55 on Tuesday June first.(JBS effect????)
Click on the Button below for the latest report from USDA Market News
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OKC West in El Reno did not have a cald sale on Tuesday of this week- they are doing a single sale this week- today.
For today- Expecting 4,500
1,800 FEEDER HEIFERS @ 9:00
2,700 FEEDER STEERS @ 12:30
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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.
At the 2021 Oklahoma Grain and Feed Association annual meeting on May 4th, we recorded the lunch time conversation between OGFA CEO and President Jeff Hickman and Oklahoma State University President Designate Dr. Kayse Shrum, who will officially become the 19th President of OSU on July first. Learn more about who Dr. Shrum is- personally and professionally- and what her early priorities will be when she takes the reins as President on July first.
Today's Road to Rural Prosperity Podcast is sponsored in part by the Oklahoma Rural Water Association and the Oklahoma Farm Bureau.
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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