Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- Oklahoma Wheat Harvest Jumps Into High Gear As Hot Dry Weather Arrives
- Allendale's Rich Nelson Says USDA Lowered Hard Red Winter Wheat, but Offset that with Gains on Soft Red
- OSU's Kim Anderson says June WASDE and Crop Production Reports should not Impact U.S. Wheat Prices
- USDA Predicts Slightly Larger Oklahoma Wheat Crop in June Compared to May
- A Timely Look At U.S. Wheat In Food Aid
- Derrell Peel Analyzes Multiple Reasons Ground Beef Market Holding Strong
- Baxter Black- Rest In Peace
- PEST Week Live Offers Latest Recommendations to Manage In-Season Pest Resistance
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Oklahoma Wheat Harvest Jumps Into High Gear As Hot Dry Weather Arrives |
The rains ended abruptly- and with sizzling temperatures now with us for several afternoons- farmers from south to north have gotten into their fields.
In the southern parts of the state and into Texas harvest has been rain interrupted- and the early reports from that region was showing yields in the 20s but quality good.
As the hot weather sets in- over the weekend- many farmers were getting into their fields for the first time- and the Oklahoma Wheat Commission shared the harvest pic above on Sunday evening from Central Oklahoma- saying in their Facebook page "These harvest pics are from Central OK, west of I-35 and experienced drought but also received a few critical rains. Early results are ranging in 55 ish bu/acre, 62 test weight avg and 12 protein average."
The OWC will have a comprehensive wheat harvest report out later today- and we will feature it on Tuesday in our email- and we will also have harvest stats in the weekly Crop Progress report from USDA this afternoon, as well.
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Allendale's Rich Nelson Says USDA Lowered Hard Red Winter Wheat, but Offset that with Gains on Soft Red |
USDA on Friday released its June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
Soybean stocks continued to tighten in USDA's June WASDE. The agency pegged 2021-22 (old-crop) soybean ending stocks at 205 million bushels (mb), down 30 mb from the May report. That remains the lowest level in six years.
Regarding Ukraine, USDA bumped up Ukraine's estimated 2022-23 corn production 5.5 million metric tons (mmt) to 25 mmt. USDA held firm on export estimates at 9 mmt, down from 23 mmt for the 2021-22 crop. USDA held pat on Ukraine's wheat production at 21.5 mmt and held exports at 10 mmt, down 9 mmt from a year ago.
Farm Director, KC Sheperd spoke with Allendale's Rich Nelson and he said USDA left old Wheat Crop stocks unchanged, "New Crop-wise, they did raise the winter wheat production estimate. They lowered Hard Red, but they slightly offset that with gains for soft red as well as winter."
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The Oklahoma Cattlemen's Association is the trusted voice of the Oklahoma Cattle Industry. With headquarters in Oklahoma City, the OCA has a regular presence at the State Capitol to protect and defend the interests of cattlemen and cattlewomen.
Their Vision Statement explains the highest priority of the organization- "Leadership that serves, strengthens and advocates for the Oklahoma cattle industry."
To learn more about the OCA and how you can be a part of this forward-looking group of cattle producers, click here for their website. For more information- call 405-235-4391.
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OSU's Kim Anderson says June WASDE and Crop Production Reports should not Impact U.S. Wheat Prices |
The following is an analysis of the June WASDE and USDA Crop Production Report by OSU Crop Marketing Specialist, Dr. Kim Anderson:
“I don’t see anything in the reports that will impact U.S. wheat prices,” Anderson said. “From a production standpoint, U.S. 2022 winter wheat production was estimated to be 1.174 billion bushels compared 1.277 billion bushels in 2021.”
Anderson said 2022 U.S. wheat production was projected to be 1.74 billion bushels compared to 1.65 billion in 2021.
“Hard red winter wheat production was essentially unchanged (590 million bushels in May and 582 million for 2022),” Anderson said. “Oklahoma wheat production was increased from 60 million bushels to 64.8 million bushels, Kansas production was unchanged, and Texas production was lowered 1.3 million bushels.”
The 2022-2023 wheat marketing world wheat production and ending stocks were essentially unchanged, Anderson said.
Because of the Russian invasion of Ukraine- that country's exports of wheat will be down significantly- and that won't change anytime soon.
“Even if Russia agreed to open the Black Sea for wheat exports, it would take months to clear the mines and obstructions that prevent safe ship movements,” Anderson said.
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USDA Predicts Slightly Larger Oklahoma Wheat Crop in June Compared to May |
This year’s winter wheat crop has been challenging for farmers in Oklahoma, Kansas and Texas with intense drought, then a rain-delayed harvest. Much lower yields than 2021 will be the result of these setbacks, but according to the June crop production report, the 2022 U.S. winter wheat production forecast numbers look slightly better than predicted since May.
The undesirable farming conditions for 2021 that have carried over into 2022 have penalized this year’s crop. The June Crop Production report from USDA presented wheat production estimate numbers and area harvested for the 2022 crop. Oklahoma is forecasted to harvest 2.4 million acres in 2022 which is 19 percent lower than the 2021 crop. USDA estimates 27 bushels per acre compared to the 39 bushels per acre in 2022, but up 2 more bushels per acre as of last month. Wheat production for Oklahoma is forecast at 64.8 million bushels as of June first, up 8 percent from the May estimate.
Over in Texas, USDA sees Texas producing 40.3 million bushels, which is 46 percent fewer bushels than in 2021
Kansas is below the 2021 crop as well. USDA predicts 6.95 million acres harvested. Yields are predicted to be 13 bushels per acre less than 2021, but the estimate is the same for both May and June at 39 bushels per acre. The Kansas crop is currently predicted at 271 million bushels.
(Picture above is from Facebook posting of Bill Steinart)
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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 daily report heard on several of our Radio Stations- It's Called Cotton Talk!
Click on the Button below to listen to our most recent report
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A Timely Look At U.S. Wheat In Food Aid |
The United States sends more international food aid to those in need than any other country. U.S. food aid programs are managed by the United States Agency for International Development (USAID) or the United States Department of Agriculture (USDA) and include either commodity, cash or food voucher donations. U.S. wheat is typically the commodity utilized the most through in-kind donations.
U.S. Food Aid Programs:
The USDA Foreign Agricultural Service (FAS) coordinates the Food for Progress program, which prioritizes countries in need annually. Through the program, the USDA purchases U.S. commodities to donate to priority developing countries where the commodity is sold to support agricultural development projects in those countries.
However, most U.S. food aid is operated by USAID’s Food for Peace office. Title II of the Food for Peace Act is primarily an emergency food assistance program. USAID purchases commodities for Title II from the United States at market price and donates them to meet the immediate nutritional needs of those facing hunger. In other cases, USAID will purchase and donate local or regionally grown commodities or provide market-based food vouchers and cash. The type of assistance varies based on local circumstances and needs.
Currently, the two largest recipients of wheat under the Food for Peace program are Ethiopia and Yemen. Ethiopia receives U.S. hard red winter (HRW) wheat, while Yemen receives U.S. soft white (SW) wheat, as these two wheat classes best meet the local demand.
USAID programs using SW wheat are most important to the Pacific Northwest, including Idaho. Wheat donations to Yemen represent approximately 30% of all U.S. wheat food aid donations. Although supplies have been tight for marketing year 2021/22 due to weather, the Pacific Northwest has remained a consistent supplier of food aid to Yemen when it is most in need.
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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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Derrell Peel Analyzes Multiple Reasons Ground Beef Market Holding Strong |
For our latest Beef Buzz, Dr. Derrell Peel, Oklahoma State University livestock market economist, offered his take on ground beef demand and beef cow liquidation. As we have now passed the first holiday of the summer season, Memorial Day, there was not the usual jump in ground beef demand. Peel says the demand for ground beef has been stronger than usual, so the high demand was actually there all along.
“If you look over the last several months, back to about this time last year, we saw beef markets at the wholesale level, in particular, across the board for all the cuts as well as for ground beef,” Peel said.
If you look at a generalized ground beef price series, Peel said it moved sharply higher about a year ago, stayed high through the rest of the year, and has continued to stay high this year.
“We didn't see that May increase seasonally, but we were already at a very strong level, and we just really haven't seen that ground beef market falter at all,” Peel said.
Some of the other beef cuts that were high last year, Peel said, have actually adjusted down significantly from the beginning of the year to now.
“The ground beef market continues very strong at this point,” Peel said.
Peel said beef cow slaughter is up 15 percent year-over-year for the first 20 weeks of 2022. That has provided extra beef to go into the pipeline for the ground beef market, which he said will continue to hold strong.
“One of the things we have been watching is evidence of what we typically talk about when prices get high and in an inflation environment,” Peel said. “We talk about consumers trading down in their beef purchases.”
Because of inflation, Peel said consumers are still buying beef, but they will trade some of the higher-end products for a product of lower value to get a better price.
“Ground beef usually is one of the places they would turn to,” Peel said. “The ground beef market has continued strong, but I don't think the strength we see today is a result of significant amounts of trading down at this point.”
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Baxter Black- Rest in Peace
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We lost a good one this past Friday- Baxter Black left this earth on June 10th- and many of us in the farm and ranch world will greatly miss him.
His humor and cowboy poetry was second to none.
Our condolences go especially to his daughter and son in law- friends to many in our email family- Will and Jennifer Cubbage.
Our friend Dave Shaw posted what is credited as being his final poem- and I am honored to share it with you:
Some of my friends drive big limousines
Own ranches and banks and visit with queens.
And some of my friends are up to their necks
In overdue notes and can’t write a check!
They’re singers or ropers or writers of prose
And others, God bless ‘em, can’t blow their own nose!
I guess bein’ friends don’t have nothin’ to do
With talent or money or knowin’ who’s who.
It’s a comf’terbul feelin’ when you don’t have to care
‘Bout choosin’ your words or bein’ quite fair
‘Cause friends’ll just listen and let go on by
Those words you don’t mean and not bat an eye.
It makes a friend happy to see your success.
They’re proud of yer good side and forgive all the rest.
And that ain’t so easy, all of the time
Sometimes I get crazy and seem to go blind!
Yer friend just might take you on home
Or remind you sometime that you’re not alone.
Or ever so gently pull you back to the ground
When you think you can fly with no one around.
A hug or a shake, whichever seems right
Is the high point of givin’, I’ll tell ya tonight,
All worldly riches and tributes of men
Can’t hold a candle to the worth of a friend.
Baxter- Rest in Peace- you made a difference to so many!
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PEST Week Live Offers Latest Recommendations to Manage In-Season Pest Resistance |
The soy checkoff and partnering organizations supporting the Take Action program will host PEST Week Live on June 16 from 9-10 a.m. CDT. The event will be hosted through Zoom and streamed on Take Action’s Facebook page, and will feature discussions on the latest pest resistance research findings and recommendations. As part of the program’s Pest Elimination Strategies and Tactics (PEST) Week, June 13-17, this inaugural event is an opportunity for farmers, extension personnel, agronomists and crop production advisers to discuss current pest resistance management issues and strategies to help mitigate yield decline and crop loss.
PEST Week will mark 10 years of Take Action being agriculture’s go-to source for educational tools and resistance management development resources. As input costs continue to rise, the free Take Action resources are critical to reduce the effects of pest resistance and preserve current production technologies.
“The landscape of production agriculture continues to evolve, and the development of resistance is spreading across more regions each growing season,” says Kevin Wilson, USB farmer-leader and soybean farmer from Indiana. “I encourage my fellow farmers, and anyone involved in production agriculture, to register and attend PEST Week Live. The Take Action program provides timely advice and unbiased recommendations across the three areas threatened by resistance — weeds, diseases and insects. I’m proud of the soy checkoff and its supporting partner organizations for recognizing value in the Take Action program.”
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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- Choice Beef was up 22 cents and Select Beef was down 72 cents on Friday 06/10/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had just under 6,800 head on Sunday evening- and according to ONSY President Kelli Payne- they will start this morning with around 7,500 to 7,800 with more cattle expected to arrive this morning. The sale this morning will begin at 6:30 AM.
On June 6th- Compared to two weeks ago: Feeder steers 5.00-8.00 higher. Feeder heifers 6.00-12.00 higher. Steer calves 10.00-12.00 higher. Heifer calves 2.00-6.00 higher. Demand very good for all classes. Quality average to attractive. Drought conditions improved some in the last week as heavy rains moved thru the whole state. According to the Oklahoma Mesonet, the western half of the state has moved out of the exceptional drought category to extreme and severe. Only the far northwestern part of the Oklahoma Panhandle remains in an exceptional drought. Drought conditions have been bad in many areas of the country forcing many to send cows to slaughter. Beef cow slaughter numbers are currently about 15 percent higher than a year ago.
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/Ranch Broadcaster and Editor
KC Sheperd, Farm Director and Editor
Dave Lanning, Markets and Production
Reagan Calk, Farm News and Email 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 a big reason why Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity dives into these stories, bringing 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.
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Our Latest RRP takes us to Altus, Oklahoma. Farm Director, KC Sheperd, talks with Carl Josefy, the Jackson County, Oklahoma FSA Executive Director about all things FSA-related. Josefy explains various FSA programs available to producers and contradicts the misconception that these programs are only available to a small number of operations.
“It is always a pleasure to be able to get in front of producers to let them know what is occurring with the Farm Service Agency,” Josefy said. “We have a lot of programs going on, and it does overlap.”
The newly announced Emergency Relief Program, Josefy said, is aimed at aiding commodity and special crop producers. This program, he added, includes 10 billion dollars in assistance to agricultural producers that were impacted by wildfire, drought, hurricane, winter storms, and other eligible disasters that occurred across the country during the calendar year of 2021.
Search for Road to Rural Prosperity and subscribe on your favorite Podcast platform.
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, 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
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
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KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
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Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
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