Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Tuesday, August 4, 2020
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Here is your daily Oklahoma farm and ranch news update.
- USDA Crop Progress Report Shows Crops Speeding Towards Maturity On Schedule And In Great Shape
- Dr. Derrell Peel on Beef Demand and Macroeconomics
- Noble Research Teams Receive OCAST Grants
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Lots to Worry About- Brent Bolen and Governor Kevin Stitt Talk Tribal Sovereignty With Farm Bureau
- TCFA's Ross Wilson Believes Voluntary Market Driven Approach To Increasing Live Cattle Trade Can Be Achieved By Year End
- Administration Takes Important Steps to Improve Species Conservation
- Oklahoma Cattlemen to Host RHAA Sanctioned Ranch Horse Competition, Saturday, Aug. 22
- OSU Homecoming 2020 will not be Hosted Due to the COVID-19 Pandemic
- Check Out Our MarketLinks in the lower part of the Email- Monday Auction Markets and Lots More
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USDA Crop Progress Report Shows Crops Speeding Towards Maturity On Schedule And In Great Shape |
Just like a freight train chugging headlong towards its destination, the major U.S. crops continue to move towards fall harvest in decent shape. This week’s USDA Crop Progress Report shows the crops to be on or ahead of schedule and looking good with little change from last week.
In the 18 major corn growing states, 39 percent of the crop has entered the dough stage, 6 points ahead of the 5-year average.
The corn crop continued to be rated 72 percent in the good to excellent category, 21 percent fair and 7 percent poor to very poor.
Approximately 63 percent of the U.S. soybean crop has set pods, well ahead of the 50 percent norm for this time of year.
The soybean crop condition has improved one notch from last week and is now rated 73 percent good to excellent, 21 percent fair and 6 percent poor to very poor.
The U.S. cotton crop continues to mature on schedule as 59 percent has set on bolls, compared to 58 percent for the 5-year average.
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The vision of the Oklahoma Beef Council is to be a positive difference for Oklahoma's farming and ranching families and the greater beef community and its mission is to enhance beef demand by strengthening consumer trust and exceeding consumer expectations. To learn more, visit www.oklabeef.org. Also, don't forget to like its Facebook page at www.facebook.com/oklabeef for stories on Oklahoma's ranching families and great beef recipes.
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Dr. Derrell Peel on Beef Demand and Macroeconomics |
Each Monday, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Peel talks about Beef demand and macroeconomics.
The U.S. economy was wracked like never before in the first half of the year. The Bureau of Economic Analysis (BEA) released preliminary estimates showing that U.S. Gross Domestic Product (GDP) declined by an unprecedented 32.9 percent year over year in the second quarter of 2020. This follows a five percent first quarter decrease compared to last year. This highlights questions about the impact of the pandemic on beef demand in the first half of the year and, more importantly, beef demand for the remainder of the year.
The first half of 2020 was a confusing mix of beef demand and supply dynamics, complicated by dramatic disruption of beef supply chains. Overall beef demand was difficult to judge accurately as surging retail grocery demand was offset by sharply diminished food service demand and all obscured by temporary supply shortages that reduced overall beef availability. Record overall wholesale and retail beef prices masked a variety of impacts in various beef product markets related to the type of demand for the product and the ability to shift product from food service to retail grocery supply chains.
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Noble Research Teams Receive OCAST Grants |
Four Noble Research Institute research teams each received a two-year, $100,000 grant from Oklahoma Center for the Advancement of Science and Technology (OCAST). The four grants will be used to help improve various aspects of agriculture by fighting pecan scab, improving tall fescue, building plant defenses against disease and helping plants use nitrogen more efficiently.
“Noble Research Institute has the combination of expertise and resources, along with the necessary relationships within the research community, to successfully develop and execute these projects,” said Michael Udvardi, Ph.D., Noble Research Institute chief scientific officer. “We have a wealth of dedicated individuals here and beyond, working together with the ultimate goal of improving agriculture and supporting a healthy environment.”
Pecan and Hickory Scab Fungi
Noble Research Institute’s Carolyn Young, Ph.D., principal investigator, and Jason Shiller, Ph.D., co-principal investigator, will work to evaluate a new potential species of scab fungus found in hickory and determine if infects pecan trees with scab disease.
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Lots to Worry About- Brent Bolen and Governor Kevin Stitt Talk Tribal Sovereignty With Farm Bureau |
The seriousness of the US Supreme Court Decision from a couple of weeks back came home to roost in a Monday night webinar hosted by Oklahoma Farm Bureau and their President, Rodd Moesel.
Brent Bolen offered some insights from the Oklahoma Commission on Cooperative Sovereignty- Bolen brings an agricultural perspective to the group- and he told Farm Bureau's webinar that "there's plenty to worry about" when it comes to taxation, regulation and more.
The Governor believes that a short term fix might be one or more compacts with the Tribal nations- but a Federal Legislative Solution ultimately is what must happen to get Oklahoma back to where the state was just a couple of weeks ago.
Click on the Button below to be able to listen to the audio of last night's webinar.
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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.
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Sponsor Spotlight
Oklahoma AgCredit is a member of the Farm Credit System that serves every part of agriculture from the smallest operations to the largest – and everything in between. Whether helping a young farm family begin, supporting our veterans as they return home and take up farming or financing U.S. agricultural exports around the globe, Farm Credit is committed to the success of American agriculture.
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TCFA's Ross Wilson Believes Voluntary Market Driven Approach To Increasing Live Cattle Trade Can Be Achieved By Year End |
The need for more robust cash cattle trade was clear following the marathon live cattle committee meeting at last week’s NCBA summer conference in Denver. The only question was the best route to achieve that goal. Should the cattle industry pursue a regulatory approach or a voluntary market driven approach to increasing live cattle trade.
Ross Wilson, president and CEO of the Texas Cattle Feeders Association (TCFA) talked with me about the issue.
There were a multitude of states supporting a little more time for a voluntary solution, Wilson said.
This boiled down to a disagreement in timing as everybody wants robust price discovery, he said.
Wilson noted that TCFA and others have been working hard on this and during the past three months have achieved negotiated trade levels of 13,000 head per week.
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Trump Administration Takes Important Steps to Improve Species Conservation Under ESA |
National Cattlemen’s Beef Association (NCBA) Executive Director of Natural Resources and Public Lands Council (PLC) Executive Director, Kaitlynn Glover, released the following statement in response to the U.S Fish and Wildlife Service and the National Marine Fisheries Service's announced improvement to the Endangered Species Act (ESA) "habitat" definition:
"We appreciate the Trump Administration’s work to direct important resources to where they are most needed. By clarifying the definition of habitat, species conservation will improve and we will avoid long, drawn out, speculative analyses that delay important conservation work for imperiled species. We welcome this addition to ESA as it removes an unnecessary burden from livestock producers who are looking to act as responsible stewards and make improvements to rangeland."
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Oklahoma Cattlemen to Host RHAA Sanctioned Ranch Horse Competition, Saturday, Aug. 22 |
The Oklahoma Cattlemen's Association (OCA) is hosting a Ranch Horse Competition held in conjunction with the 36th Annual OCA Ranch Rodeo on Saturday, August 22 at the Lazy E Arena near Guthrie. The ranch horse competition will begin at 8 a.m.
The entry deadline is August 12. On-site entry is not available. Access the entry form and learn more at okcattlemen.org/ranch-horse-competition.
"We look forward to another great Ranch Horse Competition this year," said Robert Forst, event coordinator. "The event has grown in popularity in recent years. A large air-conditioned area, a ribeye steak sandwich lunch and the fact that it's held in conjunction with the OCA Ranch Rodeo makes the competition attractive."
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OSU Homecoming 2020 will not be Hosted Due to the COVID-19 Pandemic |
Due to the ongoing COVID-19 pandemic, the OSU Alumni Association will be unable to host the 2020 edition of America’s Greatest Homecoming. The centennial celebration originally scheduled for Oct. 26-31 will now be planned for fall 2021.
The health and safety of Cowboy Family members are the top priority of the Alumni Association. This decision was made by the Alumni Associations Board of Directors after careful consideration and collaboration with Oklahoma State University, OSU Athletics, OSU Fraternity and Sorority Affairs, and the City of Stillwater. It is unrelated to the planned football game against Texas Tech on October 31.
“The Alumni Association understands the yearly return to the campus is a highlight for many OSU alumni and fans,” said Tony LoPresto, Alumni Association board chair. “While we understand this decision will disappoint many Cowboys, we want to ensure Homecoming events can be enjoyed in a safe manner and that the centennial celebration is hosted in such a way that is representative of this one-of-a-kind OSU tradition.”
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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.
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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.
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Wholesale Boxed Beef Prices were higher on Monday- Choice Beef was $1.40 higher at $204.66 while Select Beef was up 51 cents to $190.40.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 7,000 head on Monday- Compared to last week: Feeder steers are sold steady to 6.00 higher. Feeder heifers steady to 3.00 higher. Steer calves sold steady on a light test and heifer calves steady to 3.00 lower on a light test..
Click below for the complete closing report.
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Joplin Regional Sotckyards had 7,030 head of cattle on Monday-
Compared to last week, steer calves fully steady, yearling steers steady, heifers under 700 lbs steady to 3.00 higher, heifers over 700 lbs steady.
Click below to check the full report.
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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..
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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. (Note New Format)
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Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
KC Sheperd, Associate Farm Director and Editor
Dave Lanning, Markets and Production
Sam Knipp, Farm News Editor
Pam Arterburn, Calendar and Template Manager
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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and are a main reason Oklahoma is on track to become a top 10 state.
The Road to Rural Prosperity will dive into these stories each week bringing you insight into the great things happening in and to rural Oklahoma. We will bring you stories covering rural life, agriculture, energy, healthcare, tourism and politics all affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
The latest Episode features Dr. Barry Pollard who has been selected as the winner of the 2020 Governor's Outstanding Achievement Award in Agriculture, making him the 23rd individual to be inducted into the Oklahoma Ag Hall of Fame. We talked with Dr. Pollard after he had received the award at the 2020 Oklahoma Cattlemen's Convention in Tulsa on July 24th- and talked about his service to Oklahoma Agriculture and Rural Oklahoma- as a Surgeon based in Enid, as an Agri-businessman operating a multi state John Deere Dealership and as a nationally known Angus Breeder.
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, Oklahoma Cotton Council, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, 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.
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God Bless!
Reach Out To Us:
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Tim West
President/General Manager
Radio Oklahoma Ag Network
2401 Exchange Avenue,
Suite F
Oklahoma City, OK 73108
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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network
405.473.6144
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