Category: Ag News

Wed, 19 Oct 2022 08:08:16 CDT

Weekly, Oklahoma State University Extension Beef Cattle Nutrition Specialist Paul Beck offers his expertise on the beef cattle industry. This is a part of the weekly series known as the "Cow-Calf Corner…

Wed, 19 Oct 2022 08:02:53 CDT

Dairy producers can now enroll for 2023 coverage through the Dairy Margin Coverage (DMC) Program, an important safety net program from the U.S. Department of Agriculture (USDA) that helps producers manage ch…

Wed, 19 Oct 2022 07:59:24 CDT

This Secretarial natural disaster designation allows the United States Department of Agriculture (USDA) Farm Service Agency (FSA) to extend much-needed emergency credit to producers recovering from natural d…

Wed, 19 Oct 2022 04:53:54 CDT

Governor Kevin Stitt announced on Tuesday Adria Berry has been appointed to serve as Executive Director of the Oklahoma Medical Marijuana Authority (OMMA) which will officially transition to an independent s…

Tue, 18 Oct 2022 15:14:10 CDT

The U.S. Department of Agriculture and the Oklahoma Department of Agriculture are now putting the Daily Cash Grain Report into a PDF format – we are saving that PDF and archiving them for today’s specific report. To see today’s update, click on the PDF report link at the bottom of this story.

In addition to the PDF of the daily report, you can also listen to the Cash Grain Report by calling 405-621-5533. Push 2 for the grain report.

Click here: 04530_OklaCashGrain10182022.pdf

Tue, 18 Oct 2022 13:39:24 CDT

Click here to listen to audio

Listen to today’s report with Justin Lewis, by clicking or tapping on the LISTEN bar

Tue, 18 Oct 2022 13:11:28 CDT

The National Sorghum Foundation recently announced a leadership transition as Jeff Dahlberg, Ph.D., begins his role as chairman of the foundation, replacing Larry Lambright.

“We are thrilled to welc…

Tue, 18 Oct 2022 11:01:39 CDT

A new trade report analyzing the effects of beef imports and exports highlights the strong economic value of the U.S. beef industry’s participation in a global marketplace.

The report, “Assessing Economic Impact That Would Follow Loss of US Beef Exports and Imports,” was authored by Derrell Peel, Oklahoma State University Extension livestock marketing specialist, and Glynn Tonsor, professor of agricultural economics at Kansas State University.

Commissioned by the Kansas Beef Council, Oklahoma Beef Council and Texas Beef Council, Peel and Tonsor spent six months preparing the 80-page document that was released on Sept. 26.

Peel said he has fielded questions his entire career concerning beef imports, and many people are not aware of the value of exports, believing more than enough beef is grown in the U.S. to sustain its population. His findings prove otherwise.

“One of the main points that came out of this report is the recognition that while producers produce cattle as a single product, what they sell becomes thousands of different products,” he said. “The marketplace plays a big role in sorting out where the best value is for all those products that ultimately contribute to the overall value of cattle.”

When opportunities are available, the U.S. exports specific products to certain markets, and the vast range of different beef commodities helps the industry grow.

“The U.S. is a relatively mature market in terms of where we are with beef demand, but there’s a lot more potential in the global market, broadly speaking,” Peel said. “Potential growth in the industry is going to rest more and more with the trade sector, and we highlight the fact that the marketplace has grown a lot in the last 20 to 30 years.”

Peel and Tonsor’s research shows that a 10% reduction in beef imports and exports over a 10-year period would result in a $20 billion impact to cattle producers.

“Bottom line, there would be huge economic losses if we did not trade, and the beef industry would be much smaller,” Peel said.

The full report is available through the K-State Department of Agricultural Economics.

Senior Farm and Ranch Broadcaster, Ron Hays, had the chance to talk with Peel in depth about the study. Click below to listen to episodes of beef buzz where Hays and Peel discuss the value of international trade.

Derrell Peel Explains Why International Trade of Beef is Valuable

No Imports or Exports Would Result in a Smaller U.S. Beef Cattle Industry

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