Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Wednesday, June 9, 2021
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Here is your daily Oklahoma farm and ranch news update.
- Oklahoma Lawmakers Sign Letter to AG- Calling on Justice Dept to Provide Update on Cattle Market Investigation
- Dan Halstrom, CEO of U.S. Meat Export Federation, Optimistic About Continued Strong Demand For U.S. Meat
- Lankford, Inhofe, Boozman, Cotton Recognize 50 Years of Commerce on the MKARNS
- June 15 is Deadline to Apply For Crop Insurance Discount Under New Pandemic Cover Crop Program
- Gross Receipts Show Oklahoma Economy Performing Well
- NCGA Releases U.S. Corn Sustainability Goals and Report
- Oklahoma Crop Producers May Need to Alter Their Herbicide Management Plans
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Oklahoma Lawmakers Sign Letter to AG- Calling on Justice Dept to Provide Update on Cattle Market Investigation |
Representative Mike Guest (R-MS-3) and Representative Darren Soto (D-FL-9) have led a bipartisan group of 52 lawmakers in pushing the U.S. Department of Justice (DOJ) to complete their investigation into the meatpacking sector, and whether or not anticompetitive practices have contributed to a persistent imbalance in the cattle markets. The letter, dated June 8th, includes the signatures of four of the five members from the Oklahoma House delegation, including former House Ag Committee Chairman Frank Lucas as well as Congressman Tom Cole, Congressman Markwayne Mullin and Congresswoman Stephanie Bice.
This letter is the latest result of a recent groundswell of bipartisan, bicameral attention into the need to return market leverage to the side of cattle farmers and ranchers and address the startling price disparity between live cattle and boxed beef.
The Oklahoma Cattlemen's Association issued a statement on Tuesday evening, thanking the Oklahoma lawmkaers for being a part of this latest effort to call on DOJ to respond to Congress and the cattle industry about where they are in this investigation. Here is their full statement:
“OCA appreciates the lead of 52 United States Congressional leaders including Oklahoma Representatives Bice, Cole, Lucas and Mullin calling upon the Department of Justice to conclude and communicate their investigation into the potential market manipulation of the four largest meatpackers. In an April 21, 2020 letter, OCA called upon the USDA and DOJ to complete their investigation into the potential market misconduct of the four largest meatpackers in the United States. The DOJ has still not completed or communicated progress in their launched investigation. It is long past time for a report from DOJ as they have had ample time to investigate. Oklahoma is blessed with congressional leaders who recognize the challenges faced by our beef cattle producers and seek positive and proactive solutions to those challenges.”
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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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Dan Halstrom, CEO of U.S. Meat Export Federation, Optimistic About Continued Strong Demand For U.S. Meat |
Dan Halstrom, president and CEO of the U.S. Meat Export Federation offered up a healthy dose of optimism for continued strong U.S. meat exports the rest of this year.
He recently spoke with Radio Oklahoma Agriculture Network Associate Farm Director and Editor KC Sheperd following their spring conference on market diversification.
I think demand is very, very solid across the board, Halstrom said.
At the risk of sounding like a broken record, Halstrom added the retail demand is booming.
The opportunity is even further to the positive once food service starts to rebound in some of these countries that are still held back, Halstrom said.
Our forecast is for more records for beef and pork exports, he added.
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Lankford, Inhofe, Boozman, Cotton Recognize 50 Years of Commerce on the MKARNS |
Senator James Lankford (R-OK) today joined Senators Jim Inhofe (R-OK), John Boozman (R-AR), and Tom Cotton (R-AR) to recognize 50 years of commerce on the McClellan-Kerr Arkansas River Navigation System (MKARNS) in Oklahoma. The MKARNS, also known as the McClellan-Kerr Arkansas River Navigation System, is a key inland waterway navigation system for freight movement extending 445 river miles from Tulsa, Oklahoma, to Muskogee, Oklahoma, through Arkansas, connecting to the Mississippi River.
“The MKARNS is a key interstate commerce component to Oklahoma and the region, and its economic impact has been vital to Oklahoma businesses and industry for half a century now,” said Lankford. “We should continue to invest in infrastructure modernization in and around the ports and waterways, maintain any safety and security needs, and ensure workers have what they need to keep MKARNS moving forward and thriving for the next 50 years and beyond.”
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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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June 15 is Deadline to Apply For Crop Insurance Discount Under New Pandemic Cover Crop Program |
Farmers who planted fall cover crops are now eligible for a discount on their crop insurance premium, thanks to a new USDA program announced June 1, but they must act before June 15 to qualify said Kate Hansen, policy associate for the Center for Rural Affairs.
The Pandemic Cover Crop program (PCCP) offers discounts on crop insurance premiums,
The Center for Rural Affairs is a nonprofit organization established in 1973 in Alliance, Neb., to strengthen family farms, rural communities and small businesses, Hansen said.
The group works on a wide area of policy issues including conservation and crop insurance.
If a farmer planted cover crops last fall, they are eligible for $5 per acre on crop insurance this spring, Hansen said.
The most important thing here is farmers must report their cover crops by June 15 to the FSA, Hansen emphasized.
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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 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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Gross Receipts Show Oklahoma Economy Performing Well |
Gross Receipts to the Treasury indicate Oklahoma’s economy is rapidly emerging from the pandemic-driven downturn as every major revenue stream shows strong growth, State Treasurer Randy McDaniel announced today.
Total collections in May generated $1.24 billion, a jump of more than 34 percent from the same month of last year. Combined receipts from the past 12 months are at an all-time high but are partially inflated by last July’s delayed income tax filing deadline.
The Oklahoma Business Conditions Index in May remained above growth neutral for a sixth consecutive month. The May index was set at 68.9, down from a record high of 70.9 in April. Numbers above 50 indicate economic expansion is expected during the next three to six months.
The April unemployment rate in Oklahoma was reported as 4.3 percent, according to the U.S. Bureau of Labor Statistics. The state’s jobless rate was unchanged from March, but down significantly from 13 percent in April 2020. The U.S. unemployment rate was set at 6.1 percent in April.
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NCGA Releases U.S. Corn Sustainability Goals and Report |
The National Corn Growers Association (NCGA) solidified U.S. corn farmers’ commitment to environmental, economic and social sustainability with the release of U.S. Corn Sustainability Goals and the first U.S. Corn Sustainability Report The report documents a long history of continuous improvement by U.S. corn farmers and the goals set targets for further progress over the next decade.
“Corn farmers have demonstrated their commitment to sustainability for decades through their adoption of practices to defend against soil erosion, improve water quality and water use, and management of resources through modern farming advancements,” says John Linder, a farmer from Edison, Ohio, and NCGA President. “NCGA is celebrating this commitment and sharing our story through our Sustainability Report. By setting future goals, we’re both demonstrating our dedication to continued improvement and setting targets to measure this progress.”
Farmer-leaders of NCGA are setting five environmental national efficiency goals to further enhance corn production sustainability in the United States by 2030:
1. Increase land-use efficiency by 12%.
2. Increase irrigation water use efficiency by 15%.
3. Reduce soil erosion by 13%.
4. Increase energy use efficiency by 13%.
5. Reduce greenhouse gas (GHG) emissions by 13%.
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Oklahoma Crop Producers May Need to Alter Their Herbicide Management Plans |
Some Oklahoma crop producers might need to reassess their herbicide-application options given the current state of their fields, according to Oklahoma State University Extension recommendations.
All crops should be considered, but corn and sorghum seem to have been especially susceptible to both past and recent weather conditions, said Todd Baughman, OSU Extension weed scientist and program leader for the university’s Institute for Agricultural Biosciences in Ardmore.
“It’s important to apply a postemergence herbicide that fits within the growth-stage window listed on the specific label directions,” Baughman said. “While this may be the normal time of year when a producer would make a postemergence application, don’t take a business-as-usual approach. Visually inspect individual fields to determine the actual growth-stage of the current crop.”
Factors determining herbicide efficiency and crop safety are complex and include species, plant size, stage of crop growth, soil chemical and physical properties, soil moisture, soil and air temperature and relative humidity. As a whole, Oklahoma has received plenty of rain, but conditions - and crop management options relative to those specific conditions - vary across the state.
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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 Tuesday June 8th- Choice Beef was one cent higher while Select Beef was down $2.99.
Click on the Button below for the latest report from USDA Market News
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OKC West in El Reno had 1,200 head on Tuesday for their calf run.
Compared to last week: Steer and heifer calves that were long weaned sold with a higher undertone on limited comparable sales. Demand moderate to good. Warmer and more seasonable like weather has finally arrived
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.
Oklahoma Farm Bureau Senior Director for Public Policy Steve Thompson talked with Ron Hays about 2021 Oklahoma Legislative Session in the latest Road to Rural Prosperity. Steve believes "this may have been the best legislative year that I've been a part of- and I've been working on these things in a variety of ways for twenty plus years." He says that the agricultural interests at the Capitol played both offense and defense during the four months that the lawmakers were in session- and cites significant wins in the Ag Sales Tax Exemption and property tax areas that highlighted the 2021 portion of the 57th Legislature.
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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