Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Thursday, June 3, 2021
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Here is your daily Oklahoma farm and ranch news update.
- Cong. Frank Lucas Concerned About The Direction of Many of The Biden Administration Proposals
- Oklahoma Celebrates National Dairy Month with Fun Facts About Oklahoma Dairy!
- Oklahoma Rancher Jimmy Taylor Believes Beef Checkoff Dollars Are a Great Investment
- Producers with Crop Insurance to Receive Premium Benefit for Cover Crops
- State Treasurer, Randy McDaniel, Will not seek Re-election
- Innovative Seed Trait Delivers on Consumer Preference and Farmers' Bottom Line
- JBS Hack Impact Continues to Raise Questions About Meat Versus Livestock Prices
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Cong. Frank Lucas Concerned About The Direction of Many of The Biden Administration Proposals
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U.S. Rep. Frank Lucas (R-OK) covers the big Third Congressional District of Oklahoma, an area heavily dependent on energy and agriculture, two industries that could be greatly impacted by proposals from the Biden administration.
I spoke with Lucas this week about a number of topics, starting first with President Biden’s visit to Tulsa.
I appreciate him participating in the Tulsa race massacre anniversary, Lucas said.
It’s a loss for the country and society when people are not able, because of past and present actions, to fulfill to the best of their abilities, Lucas said.
The President’s budget proposal is making headlines and Lucas is concerned about the large amount.
They want to spend a huge amount of money, he said.
In the last year and a half, the national debt has gone from $20 trillion to the neighborhood of $28 trillion, Lucas said.
Now is not the time to spend like there will never be a day to reckon with, he said.
The Oklahoma Congressman noted Democrats are using the budget reconciliation act to increase spending rather than cut spending as the 1974 act was intended.
On another issue, Lucas said the current administration has resurfaced the endangered species act and wants to list the prairie chicken as threatened or endangered.
We dealt with this issue in previous administrations and thought we had put it to rest as there were efforts on the state level to create an enhanced prairie chicken habitat, Lucas said.
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Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2021 Oklahoma City Farm Show.
The Tulsa Farm Show is Oklahoma’s premier agricultural and ranching event which returns to the River Spirit Expo (Expo Square) December, 9-10-11, 2021.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2021 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
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Oklahoma Celebrates National Dairy Month with Fun Facts About Oklahoma Dairy!
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Did you know??? June is National Dairy Month, and Oklahoma is Full of Wonderful Dairy Producers. Enjoy these fun facts as we celebrate Dairy Month in Oklahoma..
*There are 4 Dairy Processing Plants throughout the state of Oklahoma...
* Oklahoma Has approximately 130 Dairy Farms that are home to around 42,000 Milk Cows
* The Total Amount of Milk Produced in Oklahoma is about 733 Million Pounds which is equal to 85 Million Gallons
* The Average Value of the Milk an Oklahoma Dairy Cow produces in about one day= $9.66
* In 2020 The Cost of an Oklahoma Dairy Cow was $1,376
* Within The United States, Oklahoma is 31st in Milk Production
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Oklahoma Rancher Jimmy Taylor Believes Beef Checkoff Dollars Are a Great Investment
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Jimmy Taylor, a Cheyenne, Okla., rancher elected earlier this year as secretary treasurer of the Cattlemen’s Beef Promotion Board, said the beef checkoff is helping cattle producers by increasing demand and educating the public.
On today’s Beef Buzz we continue our conversation with Taylor about some of the research projects funded by the beef checkoff.
Taylor said the variety of projects includes research on such things as greenhouse gas emissions by animal agriculture.
Cattle seem to be a target right now for certain groups trying to put our industry in a bad light, Taylor said.
Some of the information they’re coming out with is not true, he said.
For example, they use a global number for greenhouse gas emissions which is a double-digit percent of the greenhouse gas contribution (by cattle) whereas the actual number for the United States is 2.6 percent, Taylor said.
We’ve done a really good job here with genetics and quality feed where we are not emitting the greenhouse gases they do internationally, he noted.
Another research project is the meat demand monitor run by Dr. Glynn Tonsor at Kansas State University.
It gives us an idea of what is resonating with consumers, Taylor said.
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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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Producers with Crop Insurance to Receive Premium Benefit for Cover Crops
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Agricultural producers who have coverage under most crop insurance policies are eligible for a premium benefit from the U.S. Department of Agriculture (USDA) if they planted cover crops during this crop year. The Pandemic Cover Crop Program (PCCP), offered by USDA’s Risk Management Agency (RMA), helps farmers maintain their cover crop systems, despite the financial challenges posed by the pandemic.
The PCCP is part of USDA’s Pandemic Assistance for Producers initiative, a bundle of programs to bring financial assistance to farmers, ranchers and producers who felt the impact of COVID-19 market disruptions.
“Cultivating cover crops requires a sustained, long-term investment, and the economic challenges of the pandemic made it financially challenging for many producers to maintain cover crop systems,” said RMA Acting Administrator Richard Flournoy. “Producers use cover crops to improve soil health and gain other agronomic benefits, and this program will reduce producers’ overall premium bill to help ensure producers can continue this climates-smart agricultural practice.”
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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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State Treasurer, Randy McDaniel, Will not seek Re-election
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Oklahoma State Treasurer Randy McDaniel announced that he will not seek re-election next year but plans to continue serving as treasurer until his current term ends on January 9, 2023.
“It has been an honor to serve Oklahoma as state treasurer and as a state representative,” McDaniel said.
“I am thankful for each opportunity and make this announcement with great appreciation for those who made it possible, especially my loving wife, Julie, and our family. Our children, Grace and John, are now in middle school, and this decision allows me to give priority to family rather than a statewide campaign.”
McDaniel said a significant lead time is typically needed for a statewide race, and the timing of this announcement should give candidates for this office enough time to organize and campaign.
McDaniel was elected as the 19th State Treasurer of Oklahoma in 2018, winning all 77 counties and receiving nearly 72 percent of the vote. He holds a certificate of Public Treasury Management from the National Institute of Public Finance and serves on the board of the National Association of State Treasurers.
During his tenure, McDaniel has managed the consolidation of the state’s bond financing operations and has overseen major growth in the Oklahoma 529 College Savings Plan and OK STABLE, a savings and investment program for people with disabilities. He won legislative approval this year for a state income tax deduction for contributions to OK STABLE and increased flexibility for the allowable uses of college savings funds.
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Innovative Seed Trait Delivers on Consumer Preference and Farmers' Bottom Line
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The U.S. soy industry continues to drive demand through innovation for soybean farmers and end users. With funding and partnership support from the soy checkoff, the Missouri Soybean Merchandising Council is leading the effort to build momentum for SOYLEIC™, a non-GMO soybean variety containing high oleic trait technology. The variety offers opportunities for farmers to meet end-user high oleic oil needs for specific markets.
“SOYLEIC is the latest example of the value the checkoff brings to soybean farmers, by providing research funding investments that result in innovations farmers can put to work right now to maximize profit opportunities,” said Meagan Kaiser, United Soybean Board Treasurer and farmer-leader from Bowling Green, Missouri. “The reliability that U.S. soybean farmers provide can meet end-user demand, expand and strengthen market share in the food industry, and diversify their acres, furthering profitability on the farm.”
The SOYLEIC trait technology was developed after over a decade of research. Seeds carrying SOYLEIC are going into approximately 40,000 acres across 14 states from Georgia to Minnesota this growing season. In addition, a new website, soyleic.com is now available as a one-stop shop for information for farmers, researchers, chefs and health-conscious consumers.
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JBS Hack Impact Continues to Raise Questions About Meat Versus Livestock Prices
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For the second day, boxed beef prices surged after news came that JBS was fighting off a hack from Russian criminals- Both Choice and Select Beef Prices jumped over $5 a hundred as those having to buy in the spot market facing this spike even as buyers are lining up their supplies for the Fourth of July holiday. (we report Boxed Beef Prices daily in our email- check the Markets section on the right hand column) .
After falling on Tuesday, Live Cattle and Feeder Cattle Futures rebounded on Wednesday- recovering the loses that came from the initial shock of JBS having to shut down their processing plants on Tuesday.
It's important to realize that the events of this week are concerning- the overall trend of the beef complex has been higher for awhile.
Len Steiner in his Daily Livestock Report wrote yesterday "Retail meat prices are expected to trend higher through the summer but this cyber hack will be only a small part in the big picture. The tendency will be to view the a ack as the reason why prices are going up and, if consumers panic, that could end up being a self fulfilling prophecy.
"The reality, however, is that prices will be up due to the fact that processing capacity simply cannot keep up with the level of demand currently in the market. Retail buyers are competing with foodservice buyers and both of them are competing with foreign buyers. There is only so much meat that can be processed in a given day regardless of how much livestock and poultry is out there. As much as vegan meals and faux meat may be trending in social media posts, the silent majority is still looking to get a nice pork chop, a juicy burger, and grilled chicken topped with bacon.
"A USDA report published yesterday showed another week of very strong sales for 4th of July features. Forward beef sales for product delivering 22-60 days out were more than double what they were a year ago and 50% higher than the five year average. Prices may be high but so far that has not discouraged buyers from putting big orders in. And this is true for both domestic and export customers. For the second consecutive week, export sales to non-NAFTA markets were explosive and we expect to see another week of big sales to China.
"The supply disruption from the hack adds one more complication to a meat supply chain stretched very thin."
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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 had another day of sharply higher values- apparently connected to the fallout from the JBS Hack- Choice Beef was up $5.60 while Select Beef was up $5.43.
Click on the Button below for the latest report from USDA Market News
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OKC West in El Reno had 5,231 on Wednesday- their only day to trade feeder cattle and calves this week.
Compared to last week Feeder steers traded mostly 2.00-4.00 higher. Feeder heifers sold steady. Demand moderate to good. Steer and heifer calves were to lightly tested for a trend. Heavy rainfall and cooler than normal temperatures remain in the forecast.
Click below for the complete closing 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 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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