Jun 05
Now that corn planting is mostly in the rearview, attention turns to growing season climate conditions and what that means for corn production in 2023. Planting Progress & Crop Conditions The USDA reports 92% of corn is thought to be planted as of May 28, 2023, a notable jump from 81% a week prior and ahead of the …
Jun 05
Glenn “GT” Thompson (PA-15), Chairman of the House Committee on Agriculture, and Patrick McHenry (NC-10), Chairman of the House Financial Services Committee, released a discussion draft providing a statutory framework for a digital assets intended to provide clarity, fill regulatory gaps, and foster innovation. “For months, our committees have worked collaboratively to establish a …
Jun 05
Make your voice heard at National Farmers Union’s 2023 Legislative Fly-In in Washington, DC from September 11-13, 2023! A longtime Farmers Union tradition, the Fly-In is an opportunity for Farmers Union members from around the country to gather in the nation’s capital, speak directly with their elected representatives in the House and Senate, and engage with federal agencies …
Jun 05
House, Senate Pass Debt Ceiling Agreement, Heads to President for Signature, Could Ease Pathway for Farm Bill President Biden and House Speaker Kevin McCarthy (R-CA) on Saturday announced that they had reached an agreement on the debt ceiling. The House on Wednesday passed the legislation by a wide bipartisan margin of 314-117. On Thursday evening, …
Jun 05
Following the U.S. Memorial Day holiday on May 29, wheat futures ended the week mixed. Futures dipped mid-week, with some contracts reaching lows not seen since 2020. July 2023 CBOT soft red winter (SRW) futures were up 3 cents on the week, closing at $6.19/bu after touching a 30-month low on Tuesday. KCBT HRW futures …
Jun 04
The Week Despite the surge in travel over the long Memorial Day weekend, the national average for a gallon of decreased by one cent since last week to $3.56 per gallon. In Oklahoma, the gas average is $3.22 today, down two cents in the last week and $1.04 lower than one year ago. According to …
Jun 04
The Oklahoma Pork Council and Oklahoma Blood Institute (OBI) teamed up the week before Memorial Day to host one of OBI’s largest blood drives of the year. In addition to nine participating donation centers throughout the state, mobile donation trailers were strategically placed in the Holdenville and Hennessey areas to allow two key pork producing …
Jun 04
Only two states in the hard red winter wheat belt have significant wheat(enough to have a percentage assigned to the harvest) as we hit this first weekend in June. Plains Grains reports that Texas now has 18% of their hard red winter wheat harvested, while Oklahoma has gotten started with 3% of the crop now …
