Oklahoma's Latest Farm
And Ranch News
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Here is your daily Oklahoma farm and ranch news update.
- May Beef Exports Reach New Heights; Pork Exports Largest of 2022
- Many Moving Parts Will Influence Beef Demand for Remainder of 2022
- OSU Virtual Fencing Research Advancing with $1.4 Million USDA Grant
- OKFB YF&R to Hold Annual Shotgun Shoot Aug. 27
- House Speaker Charles McCall Approves 82 Interim Studies Ahead of 2023 Legislative Session
- 2021 National Environmental Stewardship Winner to be Announced July 26
- Budget Break Down By Sen. Roger Thompson, Senate Appropriations Chair
- American Farm Bureau Foundation Awards Nearly $9,500 in Grants to Recognize Excellence in Ag Literacy
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May Beef Exports Reach New Heights; Pork Exports Largest of 2022 |
U.S. beef exports set new volume and value records in May, topping $1 billion for the fourth time this year, according to data released by USDA and compiled by the U.S. Meat Export Federation (USMEF). While pork exports were well below last year's large totals, shipments were the largest of 2022 in both volume and value. U.S. lamb exports continued to trend higher, led by growth in the Caribbean and Mexico.
Beef exports to Korea, Japan and China/Hong Kong already top $1 billion
May beef exports reached 135,006 metric tons (mt), up 1% from the previous high posted in May 2021. Export value climbed 20% to $1.09 billion, breaking the March 2022 record. For January through May, beef exports increased 4% from a year ago to 613,266 mt, valued at $5.14 billion (up 34%). Exports to leading markets South Korea, Japan and China/Hong Kong already topped $1 billion each through
Pork exports still surging to Mexico, Dominican Republic
May pork exports were 224,677 mt, down 21% from the large year-ago total but the highest monthly volume since November. Export value was $655.1 million, down 24% but also the highest since November. Through May, pork exports were down 20% from a year ago to 1.07 million mt, valued at just under $3 billion (down 18%). Exports to Mexico and the Dominican Republic are on a record pace in 2022, while May exports were also very strong for Colombia. Despite logistical challenges, chilled pork exports increased to Japan and South Korea.
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National Livestock was founded in 1932 in Oklahoma City. National’s Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures.
National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation’s premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today’s producer. To learn more, click here for the website or call the Oklahoma City office at 1-800-310-0220.
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Many Moving Parts Will Influence Beef Demand for Remainder of 2022 |
Beef cattle producers find themselves in a challenging environment this year with various headwinds impacting production and profitability. In this episode of Beef Buzz, I am back with Extension Livestock Market Economist, Derrell Peel, talking about an outlook for the third and fourth quarters of 2022.
"We are going to continue to see the general trend we have," Peel said. "There are obviously competing forces at work here. The supply fundamentals are going to get more support as we go through the year."
On the other hand, Peel there are issues on the demand side such as inflation that may limit beef demand more so in the future than it has thus far.
"The bottom line is, I don't expect the cattle prices to go down and they certainly have the potential to go higher if some of these other moving parts will kind of line up for us," Peel said.
With higher input costs, the higher cattle prices do not guarantee that ranchers will be more profitable.
Many producers are uncertain about profitability, Peel said, and input costs are increasing faster than cattle prices at this point and time.
"I think at some point in time, as these numbers do tighten up and all of the supply fundamentals get linked up and get on the same page, then we are going to have a little more concerted push for higher cattle prices," Peel said. "Not sure that happens in 2022, but it should start to build as we move into 2023."
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OSU Virtual Fencing Research Advancing with $1.4 Million USDA Grant |
Oklahoma State University researchers are taking their research on virtual fencing technology to the next level this fall thanks to a $1.4 million grant from the U.S. Department of Agriculture-Natural Resources Conservation Service.
"We're looking at how managed grazing with virtual fencing can improve grazing distribution, pasture biodiversity and productivity, and wildlife and pollinator habitat," said Ryan Reuter, professor of range beef cattle nutrition in the OSU Department of Animal and Food Sciences.
OSU researchers have spent the last year studying the grazing patterns of cattle through GPS-enabled collars as part of an $800,000 Environmental Protection Agency grant. The collars allow producers to not only see where their cattle are grazing but also manage where they graze. The collars emit two stages of auditory cues before the final prompt of a small electrical stimulus.
The team hopes to learn how much time the cattle spend in areas preferred by researchers versus how often they move into areas researchers want them to avoid. The study will also show how virtual fencing improves the grasslands environment where cattle graze.
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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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OKFB YF&R to Hold Annual Shotgun Shoot Aug. 27 |
The Oklahoma Farm Bureau Young Farmers and Ranchers is set to host their fourth-annual shotgun shoot August 27 at Silverleaf Shotgun Sports in Guthrie.
The fundraising event will benefit the OKFB Foundation for Agriculture, which strives to connect consumers of all ages with individuals who work daily to produce their food and fiber.
The shotgun shoot is a sporting clay style tournament featuring a variety of shooting stations for teams of four shooters.
Check-in will begin at 8 a.m. with the competition beginning at 9 a.m. Lunch will be provided to all event participants and will be served at 11:30 a.m. Prizes and door prizes will be awarded at the conclusion of the event. The top two teams and top individual will be awarded a cash prize.
Space will be limited to 40 teams. The cost to enter a team of four is $375, and an individual entry is $100. Online registration must be submitted by August 13, and payments can be made prior to the event by mail or on August 13.
Ammunition will be provided for all competitors. A limited number of golf carts will be available to rent for $80 per golf cart.
Interested sponsors must submit their logo and payment no later than August 5. Invoices can be provided upon request.
Registration and sponsors must complete the online form.
For more information about registration and sponsorships, contact Zac Swartz at (405) 523-2300.
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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
The Oklahoma Agriculture Mediation Program knows this is a hard time for farmers and ranchers. We want you to know we are still open, and we are still here for you. The Ag Mediation program is a free service that provides mediation to agriculture producers who may need help with ag-related disputes.
At Oklahoma Ag Mediation, we have been helping people in agriculture resolve conflicts since 1987. We know firsthand about working together to resolve conflicts, so you don’t have to go through the court systems. Let our professional mediators help you. Mediation is allowed for lease issues, farmer/neighbor disputes, family farm transitions, and more. These services are available at no cost for Oklahoma farmers and ranchers in all 77 counties. For more information, you can go to ok.gov/mediation, or give us a call at 800 248 5465.
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Oklahoma House Speaker Charles McCall Approves 82 Interim Studies Ahead of 2023 Legislative Session |
All interim study requests submitted by members have been approved in the Oklahoma House of Representatives.
The 82 study requests approved by House Speaker Charles McCall, R-Atoka, include eight proposed joint studies with senators. One of those is a look at Oklahoma Rural Development through Industrial Hemp.
One ag specific interim study approved is about rendering capacity as requested by Representative John Pfeiffer.
Some studies of similar topics may be combined at a later date. House committees will now begin scheduling studies between August and November.
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2021 National Environmental Stewardship Winner to be Announced July 26 |
The 2021 national winner of the Environmental Stewardship Award Program (ESAP) will be announced at a reception during the Cattle Industry Summer Business Meeting in Reno, Nevada, July 25-27. Established in 1991 by the National Cattlemen's Beef Association, the award identifies outstanding land stewards in the cattle industry. Each year, seven families are recognized with regional Environmental Stewardship awards, with one being honored as the national winner.
"Cattle producers across the country work tirelessly to conserve natural resources for future generations," said National Cattlemen's Beef Association President Don Schiefelbein. "I'm glad we can honor the nation's top cattle operations for their environmental conservation efforts."
The Environmental Stewardship Award Program is generously sponsored by companies and federal agencies that share the industry's commitment to caring for the environment and protecting natural resources. Sponsors including Corteva Agriscience, the U.S. Department of Agriculture Natural Resources Conservation Service, McDonald's, and the U.S. Fish and Wildlife Service partner with NCBA to promote environmental stewardship throughout the beef supply chain.
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Budget Break Down By Sen. Roger Thompson, Senate Appropriations Chair |
Below is another budget breakdown by Senator Roger Thompson:
While education makes up the lion's share of Oklahoma's budget, health and human services represents the second largest category. This week, I want to break down some of the important appropriations we've made in the Fiscal Year 2023 budget, along with funds we've utilized through the American Rescue Plan Act (ARPA) to improve health in Oklahoma.
One of the most impactful budget decisions made in the 2022 legislative session was our vote to completely eliminate the state's 13-year waiting list for developmental disability services. For years we'd given modest increases as we were able, of $2 million or so, but frankly it simply was not enough. Last year, for the first time ever, Oklahoma began conducting a complete assessment of how many people were still waiting for services and what it would take to completely eliminate the waitlist. As a result, we appropriated $32.5 million, which will enable us to serve all 5,000 on the waiting list within the next 18 to 24 months. We've also increased provider rates to ensure we'll have the services necessary to meet this critical need. This is going to be life changing for thousands of Oklahomans and their families for years to come.
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American Farm Bureau Foundation Awards Nearly $9,500 in Grants to Recognize Excellence in Ag Literacy |
The American Farm Bureau Foundation for Agriculture has awarded $9,400 in grants to recognize the remarkable agricultural literacy programs of ten state and county Farm Bureaus. The grants are funded through the White-Reinhardt Fund for Education program, which acknowledges communities that are engaging with students on the fundamental role of agriculture in the everyday lives of all Americans.
"We are excited to highlight so many outstanding projects and celebrate the educators and communities that created these programs," said Daniel Meloy, executive director of the Foundation. "Agricultural literacy programs like the ones selected for grants are inspiring students to understand where their food comes from and how they can be part of innovative solutions to keep agriculture sustainable for generations to come."
State and county Farm Bureaus may apply for $1,000 grants in support of education programs for grades K-12 in order to initiate new ag literacy programs or expand existing programs. Organizations and schools can work with local Farm Bureaus to apply for the grants, which are available on a competitive basis. Grants are awarded twice a year, in the spring and fall.
The White-Reinhardt Fund is a project of the Foundation that sponsors scholarships and grants in cooperation with the American Farm Bureau Women's Leadership Committee. The fund is named in honor of Berta White and Linda Reinhardt, two former committee chairwomen.
"A love of learning isn't limited by the classroom setting," Meloy said. "Cultivating an excitement for learning about agriculture continues to drive the Foundation toward finding creative solutions to get these resources to students and their educators."
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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 lower- Choice Beef was down 18 cents and Select Beef was down 73 cents on Friday 07/08/2022.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 7,500 head on Sunday evening- and expect to start Monday's auction with 8,200 head plus. Stockyards President Kelli Payne tells us that she expects 9,000 plus for the sale today that will start at 6:30 AM this morning.
On June 27th- Compared to the previous week: Feeder steers over 800 lbs 2.00-6.00 higher; under 800 lbs steady to 2.00 lower. Feeder heifers 1.00-4.00 lower. Demand moderate to good for feeder cattle. Steer and heifer calves 2.00-4.00 higher. Demand good for calves. Cool front moved in and temps in the mid-80's, however summer will return mid-week.
Click below for the complete closing report from two weeks ago.
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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.
KC Sheperd visits with Dakota Moss of Livestock Risk Services. When the pandemic hit in 2020 the cattle markets along with the rest of the world suffered. Many farmers and ranchers altered their marketing plans on crops and livestock to try and prevent a loss in the down Covid markets. This led to cattle being held months longer than planned hoping for a better market. Unfortunately for many farmers and ranchers they had no choice but to sell much heavier cattle into a down market. Resulting in a lower $/cwt price and profits lost. Sheperd and Moss discuss some alternative options for producers with the Livestock Risk Protection program.
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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