Category: Ag News

CHS Reports First Quarter Earnings: Strong Global Demand for Ag and Energy Generated $782.6 Million in Fiscal 2023 First Quarter Net Income

CHS Inc.(NASDAQ: CHSCP), the nation’s leading agribusiness cooperative, today released results for its first quarter ended Nov. 30, 2022. The company reported quarterly net income of $782.6 million compared to $452.0 million in the first quarter of fiscal year 2022. Fiscal 2023 first quarter highlights include: “The U.S. agricultural industry has benefited from ongoing strong …

Continue reading

OKFB members assess farm bill, beef marketing and other issues at 2023 AFBF business session

Five Oklahoma Farm Bureau members helped set national Farm Bureau policy for the coming year during the business session of the American Farm Bureau convention Tuesday, Jan. 10 in San Juan, Puerto Rico. The top issues monitored by OKFB delegates included policies addressing national farm programs in preparation for farm bill discussions that the organization …

Continue reading

After Record High Temps, a Cold Front is Headed this Way

Oklahoma Set some records yesterday, with this being the 4th warmest January on Record for Oklahoma City. According to State Climatologist Gary McManus, “Burneyville tied the all-time record high-temperature yesterday for anywhere in the state on any January 10 dating back to the 1880s.” Today McManus says we will see extreme fire weather conditions setting …

Continue reading

Southern Plains Perspective: Planning for Wildfire

There is a new blog post out at the Southern Plains Perspective titled, “A hot time in the old town tonight…maybe. Just in case let’s start thinking about wildfire.” Read below! If you have kept up with the weather news, you know that California has been getting inundated by “bomb cyclones” and “atmospheric rivers.”   Needless …

Continue reading

CAB Insider Market Update: Cattlemen Will Continue to Reap Quality Rewards in 2023CAB Insider Market Update:

The six-state fed cattle average price has traded in a narrow range over the past four weeks, with a slow upward bias from $156 to just over $157/cwt. Last week’s average of $157.07/cwt. was only a few cents below the prior week. The December market rounded out the fourth quarter in a price pattern modeled …

Continue reading

Cole Announces Staff Changes in D.C. and District Offices

Congressman Tom Cole (OK-04) announced staff changes and promotions in his D.C. and District offices for the 118th Congress. Will McPherson will be promoted from District Director in Cole’s Norman office to State Policy Advisor in the Washington, D.C. office. Before his promotion to District Director in 2019, McPherson previously served as Field Representative for …

Continue reading

U.S. Ethanol Industry Praises India On Achieving Blending Target

The U.S. Grains Council, Growth Energy and the Renewable Fuels Association congratulated India for recently achieving its ethanol fuel blending target of 10 percent, five months ahead of schedule. The three groups issued the statement ahead of India’s upcoming Auto Expo 2023, one of Asia’s largest automotive trade shows that’s expected to welcome more than …

Continue reading

Jarold Callahan Getting Positive Feedback about 2023 Cattlemen’s Congress

Senior Farm and Ranch Broadcaster, Ron Hays, is visiting with the Cattlemen’s Congress Board Chairman, Jarold Callahan, talking about the third year of Cattlemen’s Congress as it winds down this week. “I think the feedback has been tremendous from the exhibitors and also from the spectators,” Callahan said. Three years ago, when the show began, …

Continue reading

NCGA Applauds USDA Secretary for Stand on Biotech Corn Trade with Mexico, Urges Quick Action to Resolve Trade Impasse

As President Biden wraps up meetings with his counterparts in Mexico and Canada, NCGA is praising a key administration official for taking a tough stand on the trade impasse and encouraging quick action to resolve the issue.  Secretary Tom Vilsack indicated on Monday that there would be no compromise on Mexico’s proposal to ban biotech …

Continue reading

Hay Trade Light through the Holiday Weeks

Hay trade was light during the holiday weeks. Few trades did move but not enough for any trends to bemade. As we look at the Oklahoma Mesonet Drought Monitor we are at 11.65 percent in exceptional drought, 56.13 percent in an extreme drought, 80.92 percent in severe drought, 89.73 percent in moderate, 98.18 percent in …

Continue reading

Verified by MonsterInsights