Oklahoma's Latest Farm
And Ranch News
|
|
Wednesday, September 14, 2022 |
|
|
|
Here is your daily Oklahoma farm and ranch news update.
- Secretary Arthur Plans to Move Quickly to Provide Drought Relief for Oklahoma's Farmers and Ranchers
- Decades of Work by Beef Industry Yields a Billion Dollars Monthly in Beef Exports
- Latest Inflation Numbers Show Food Inflation at 11.4%- Worse Levels Since 1979
- North American Combine Harvesters Continue Unit Sales Growth in August, Tractors Mixed
- Soy Products Likely to Get Boost Thanks to Biden EO
- AFR Delegation Participating in the 2022 NFU Fall Legislative Fly-In- Day One
- New Data on Soil Conditions and Temperatures Indicates Farmers Should Prepare for High Variability During 2022 Harvest
- Save the Date for the Farm Bureau 2022 Evening of Impact Fundraiser Dec. 2
|
Secretary Arthur Plans to Move Quickly to Provide Drought Relief for Oklahoma's Farmers and Ranchers |
Governor Kevin Stitt issued an executive order on Monday to deliver drought relief to farmers in hit hard by the current drought conditions.
“The Emergency Drought Commission existed in the statute,” said Oklahoma Secretary of Agriculture, Blayne Arthur. “That was put in place by the legislature back in 2012 and during this legislative session in 2022, the Oklahoma legislature directed three million dollars to that Emergency Drought Commission fund, but the Emergency Drought Commission itself does not stand up and do their work unless the Governor of the state of Oklahoma declares that the commission can meet and act.”
Steve Thompson with Oklahoma Farm Bureau is pleased to see the three million dollars earmarked earlier in the year being made available to the drought commission. Thompson believes that State Representative Carl Newton and Senator Darcy Jech deserve the most credit as they oversee the National Resources Subcommittee that is responsible for the Oklahoma Department of Agriculture, Food and Forestry and worked the most to ensure the full appropriations were included in the final budget.
“We are hopeful that we can put a meeting together next week,” Arthur said. “We know that the sooner we can get moving, the sooner we can get funds out to producers, which is what we want to do. We do have to follow all of the guidelines for the open meetings act because this is a formal commission, so we will find a date, then we have to post that to the public.”
Trey Lam with the Oklahoma Conservation Commission shared some of his thoughts about the importance of the Emergency Drought Commission.
"It was good news yesterday when we heard the Governor had declared a drought emergency for all 77 counties in Oklahoma," Lam said. "Ponds are dry, water wells have dried up as well, and they are really suffering out there."
To read Governor Stitt's Executive order, click here.
|
P&K Equipment was founded in 1985 in Kingfisher. Now with 20 locations across Oklahoma & Arkansas, P&K is proud to be your trusted local John Deere dealer. P&K offers the solutions you need- from equipment, technology, parts, and service support. P&K Equipment is committed to meeting the needs of customers in person or online. It’s never been easier to shop John Deere equipment, secure financing, shop parts, and schedule service, than it is on the P&K website at pkequipment.com.
The experts at P&K Equipment make it their mission to provide top-notch solutions and unbeatable customer service. To discover the P&K experience for yourself, visit the website, call one of the 20 locations, or stop in to P&K for a visit today.
|
Decades of Work by Beef Industry Yields a Billion Dollars Monthly in Beef Exports |
In this episode of Beef Buzz, I am featuring comments with Kansas State University’s Extension Livestock Market Economist, Dr. Glynn Tonsor, talking about the latest market analysis in the beef industry.
Tonsor indicates a fairly stable week of markets last week as far as the slaughter cattle markets and the feeder cattle markets are concerned. Wholesale boxed beef trade, he said, is just a tad cheaper than the week before.
“Friday, USDA called the choice market at $2.57,” Tonsor said. “It was off about two dollars, and they called select at $2.36, off about three dollars from the week before. So just a little bit of weakness there.”
Tonsor said the July beef export numbers came in, topping a billion dollars again.
“I am highlighting that because there still continues to be some export demand strength and even though we have some gray clouds on the horizon there, I continue to be amazed by how strong that is,” Tonsor said. “That is one of the reasons I think these cutout values have stayed up, despite the fact that we still have year-to-date production volumes that are higher than last year.”
About those export numbers out, Dan Halstrom, president and CEO of the U.S. Meat Export Federation says it is key to note that it is not just volume, but value of our beef exports continuing to rise.
“Of course, the volumes being up are always a good thing in July and for the year, but the real selling point is the value is increasing,” Halstrom said. “We are at just about 473 dollars a head for the month of July, which is up 47 dollars a head versus a year ago. So, the volumes are increasing, but the value is also going up. We sit here and wonder with prices going up how long will it last and think the answer so far is it is still strong. It is into Asia and also Latin America, so hopefully, that will continue to be the case later this year.”
|
Latest Inflation Numbers Show Food Inflation at 11.4%- Worse Levels Since 1979 |
Food prices continued to rise in August, putting pressure on lower- and middle-income households in particular.
Food to prepare at home rose by 13.5% in the month compared to last year, the highest rate of growth since March 1979, government data show. The rise in the cost of living was 8.3% year-over-year in August. Food, in total, was 11.4% more expensive than last year, the biggest annual increase since May 1979.
What’s more, the cost of dining out was up 8% year-over-year.
Eggs saw the highest price increase among goods in grocery stores. They were 39.8% more expensive in August than a year ago. Supply drops, and not just strong demand, added to the price increase. Avian influenza wiped out around 10% of egg production across the country earlier this year.
|
|
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
|
|
North American Combine Harvesters Continue Unit Sales Growth in August, Tractors Mixed |
Combine harvester sales grew for August in both the U.S. and Canada, while total tractors fell in the U.S., but grew in Canada according to the latest data from the Association of Equipment Manufacturers (AEM).
Total U.S. ag equipment unit sales rose above the 5-year average for the first time since April 2022. U.S. total farm tractor sales fell 11.7 percent for the month of August compared to 2021, while U.S. self-propelled combine sales for the month grew 25.8 percent to 790 units sold, making for a three-month growth streak for that segment. The 100+ horsepower 2WD tractor segment was the only positive segment in the U.S., up 11.5 percent. Mid-range tractors between 40 and 100 horsepower were down 7.2 percent, and the sub-40hp segment led segment losses again, down 16 percent. Total farm tractor sales are down 14.8 percent year-to-date, while combine harvester unit sales are now positive year-to-date, with sales now up 2.7 percent overall.
In Canada, growth in all segments led Canadian unit sales to its first positive year-over-year month in unit sales since January 2022. Overall unit sales in tractors were up 7.2 percent, gaining in all segments, most notably 4WD units, up 326.7 percent year-over-year to 64 tractors sold. Unit sales in 2WD segments gained 4.9 percent, led by 100+hp unit growth of 43.9 percent. Combine harvester unit sales grew 33.1 percent to 221 units sold. Year-to-date farm tractor unit sales are down 6.7 percent in Canada, while harvesters cut their losses down to 13.7 percent.
“Demand for everything other than the smallest units remains positive, but supply chain difficulties remain in the way of the supply side of the market,” said Curt Blades, senior vice president, industry sectors and product leadership at the Association of Equipment Manufacturers. “Despite concerns around input costs for farmers, we are still seeing the larger units, harvesters and heavy-duty tractors, lead sales trends, indicating positive outlooks, especially among row crop farmers.”
|
|
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.
|
Sponsor Spotlight
Great Plains Kubota is Oklahoma's family of full-line Kubota dealerships. As Oklahoma's premier Kubota dealer, we have the largest selection of Kubota Tractors, Kubota Mowers, Kubota Utility Vehicles, Kubota Construction Equipment and Kubota's new line of Hay Tools. Great Plains Kubota can help with your construction rental needs as well! Give us a call today at 855 4KUBOTA or stop by any of our NOW EIGHT Kubota dealerships in Ada, Davis, Duncan, Edmond, Shawnee, Norman, Stillwater and our new location in Cordell. Visit us and see why Great Plains Kubota is... the brand that serves!
Great Plains Kubota, home of the 10 year warranty!
Visit our website for more information:
|
|
|
Soy Products Likely to Get Boost Thanks to Biden EO |
President Biden has signed an executive order launching a national biotechnology and biomanufacturing initiative that contains many provisions important to American soybean farmers, including actions that will support improved markets for biobased products, create greater access to biotechnology, and encourage research and development supporting the “bioeconomy,” or economic activity derived from biotechnology and biomanufacturing.
American Soybean Association President Brad Doyle, a soybean grower from Arkansas, said, “This announcement puts in place steps that will help our industry continue to use soybeans to develop innovative, sustainable products that can help lower greenhouse gas emissions and create more jobs for not only agriculture but all Americans. We are also pleased to see included measures that support agricultural biotechnology regulatory reform, along with quite a few other provisions.”
|
AFR Delegation Participating in the 2022 NFU Fall Legislative Fly-In |
AFR/OFU President Scott Blubaugh is leading a delegation of Oklahomans as they spend time in Washington for the 2022 National Farmers Union Fly-In. Day one- they spent a lot of their time at the US Department of Ag- primarily in the Jefferson Auditorium in the South Building.
The NFU Legislative Fly-In group of 250 people is the largest to gather in Jefferson Auditorium since the beginning of the Coronavirus pandemic.
U.S. Secretary of Agriculture Tom Vilsack took top billing at the USDA Administration briefing. His remarks focused on the revitalization and building of local and regional food systems in the United States and the development and implementation of climate-smart practices.
Vilsack spoke at length about the differences between an extraction economy and a circular economy and his vision of how rural local economies can revitalize in the years to come. Following an update on the direction of USDA programs, Vilsack revisited the revitalization of rural America. He disclosed his vision for circular rural economies that provide flexible market opportunities for farmers and ranchers. Ultimately, he hopes that farming can once again be seen as a good career prospect for young people across rural America..
More about Day One in DC for the AFR is available here.
|
New Data on Soil Conditions and Temperatures Indicates Farmers Should Prepare for High Variability During 2022 Harvest |
Golden Harvest agronomists anticipate high variability during 2022 harvest and offer actionable recommendations to scout and protect corn yield potential
Golden Harvest released new data today that highlights how extreme weather conditions across the Midwest, such as intense heat, drought stress and other environmental factors, indicate corn harvest is likely to be highly variable in 2022. As farmers prepare for a challenging harvest in parts of the U.S., Golden Harvest agronomists have developed data-based insights and actionable recommendations to minimize yield loss and begin plans for next year.
Several factors led to increased variability this year. Wet planting conditions delayed planting in many areas, and fields planted in marginal soil conditions often see poorer root development, which can worsen the impacts of drought or heat that set in later in the growing season.
To manage variable conditions during harvest this season, Golden Harvest agronomists recommend scouting fields to determine the optimal time for harvest and begin planning for next season. Working with Golden Harvest Seed Advisors and agronomists to evaluate and understand which of the following factors were important this year can guide decisions for 2023 planting.
|
Save the Date for the 2022 Evening of Impact Fundraiser Dec. 2 |
Oklahoma Farm Bureau is set to host the second Evening of Impact fundraising event supporting the OKFB Ag PAC Friday, Dec. 2 at the Petroleum Club in Oklahoma City.
The OKFB Ag PAC supports state and federal candidates for office who share Farm Bureau members’ rural values and understand the important role agriculture plays in our state and our nation.
The event will start with a reception at 6 p.m. followed by dinner at 7 p.m. Tickets for the event are $250 per person with proceeds benefitting the Ag PAC in future elections.
To RSVP, contact Steve Thompson at (405) 523-2300.
Checks may be mailed to:
OKFB Ag PAC
Attn: Steve Thompson
2501 N. Stiles Ave
Oklahoma City, OK 73105.
|
|
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.
|
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.
|
Wholesale Boxed Beef Prices were lower- Choice Beef was down $2.28 and Select Beef was down $2.18 on Tuesday 09/13/2022.
Click on the Button below for the latest report from USDA Market News
|
OKC West in El Reno had 4,000 head on Tuesday for their calf run.
Compared to last week: Steer and heifer calves sold mostly 6.00-8.00 lower. Demand light for fresh calves off the cow, moderate for long weaned cattle. Bulk of the trade continues to be light weight un-weaned bawling calves. Much of the Southwest part of the state is in full swing of being in the field. Higher than average temperatures are in the forecast into next week.
For today- September 14th- Expecting 3,800
1000 Feeder Heifers
2800 Feeder Steers
Click below for the complete closing report.
|
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..
|
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.
|
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
|
|
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:
|
|
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.
|
|
God Bless!
Reach Out To Us:
|
|
Tim West
President/General Manager
Rural Oklahoma Networks
405-317-6361
***************
Mike Henderson
Director of Sales
405-615-4922
|
|
KC Sheperd
Farm Director
Radio Oklahoma Ag Network
405-443-5717
|
|
Ron Hays
Senior Farm/Ranch Broadcaster
Radio Oklahoma Ag Network
405.473.6144
|
|
|
|
|
|
|
