Aug 14
The national average for a gallon of gas has been hovering around $3.82 for the past ten days, a noteworthy length for price stability. This lack of price movement came despite an uptick in gas demand and rising oil prices approaching the mid-$80s per barrel. Today’s national average of $3.84 is 30 cents more than …
Aug 12
The August Crop Production report of USDA reflected a small amount of abandoned acres across Oklahoma compared to the July Report- resulting in a crop that is virtually the same size as the one that was produced in 2022. NASS reduced the harvested acres by 50,000 acres(the trade reporting that farmers had to abandon those …
Aug 12
Sens. Michael Bennet (D-CO), Jerry Moran (R-KS), and Martin Heinrich (D-NM), introduced the Voluntary Groundwater Conservation Act, aimed specifically to protect the Great Plains’ Ogallala Aquifer. The Ogallala Aquifer underlies parts of Colorado, Kansas, Nebraska, New Mexico, Oklahoma, South Dakota, Texas, and Wyoming. From wheat and cows to corn and cotton, the regional economy depends …
Aug 11
Join the Beef Cattle Extension team, experienced ranchers, and scientists to learn and share beef cattle production, management, and marketing tips. These free Zoom webinar sessions are scheduled for Thursdays at Noon. Register Online HERE
Aug 11
Today, Dr. Dave Daley, a leader in the California Cattlemen’s Association, Public Lands Council, and National Cattlemen’s Beef Association testified before the House Natural Resources Committee in a field hearing titled “Conservation in a Crown Jewel: A Discussion About Wildfires and Forest Management.” “In the wake of historic wildfire seasons in recent years, even this …
Aug 11
The USDA released the August WASDE (World Agricultural Demand and Supply Estimates) and the Crop Production reports. The reports were most positive for corn and soybeans. The WASDE report was slightly negative, price wise, for hard red winter (HRW) wheat. The initial market reaction to the reports were miniscule, which indicates USDA’s estimates were near …
Aug 11
U.S. Wheat Associates (USW) has hired Mr. Yi-I Huang (pronounced “E.E. Huang”) as Country Director for Taiwan, succeeding Boyuan Chen who plans to retire in September 2023. “Working with Boyuan Chen the past seven years, we have come to rely on his steady disposition and solid leadership,” said Jeff Coey, USW Regional Vice President. “He …
Aug 11
As expected, USDA on Friday lowered both corn and soybean yields and production, dropping corn yields to 175.1 bushels per acre (bpa), and lowering soybean yields to 50.9 bpa. Corn production was pegged at 15.11 billion bushels (bb), and soybean production was forecast at 4.2 billion bushels. Farm Director KC Sheperd had the chance to …
