Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Thursday, August 13, 2020
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Here is your daily Oklahoma farm and ranch news update.
- Rich Nelson at Allendale says No Big Surprises for the August WASDE Report
- Oklahoma Cotton Crop Potential Shines in August Crop Production Report
- NCBA's Kent Bacus Optimistic 2020 Will Be A Good Year For U.S. Beef Exports
- Seeking Nominations: OSU's Rural Renewal Citizenship Prize
- Meating Oklahoma's Needs - FAPC offers resources for meat processing opportunities
- NCBA Commends Transportation Dept. & FMCSA For Extension of HOS Exemption
- This Weeks Ag in the Classroom, The Engineering Process and STEM!
- USDA Says No Change in Land Values in 2020
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Rich Nelson at Allendale says No Big Surprises for the August WASDE Report
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U.S. farmers are expected to harvest a lot of corn and soybeans this year. The August World Ag Supply and Demand Estimates report says corn production is forecast at a record-high of 15.3 billion bushels, up 278 million from last month. The season’s first survey-based corn yield forecast is at a record 181.8 bushels per acre, up 3.3 bushels from last month’s trend-based projection. Corn ending stocks rose more than 100 million bushels to 2.76 billion.
Associate Farm Director, KC Sheperd spoke with Rich Nelson, Chief Strategist at Allendale and he said he didn't see many big surprises, "In terms of viewpoint, at that time we had great crops, record yields for corn and soybeans, we agree with. Obviously right now the market is suggesting we wait for September, when USDA does proper infield analysis, and maybe we will see some changes at that time."
Nelson said even though we have seen some crazy weather, that weather didn't play a part in this particular report, "It didn't have any factor at all. This survey was done at a very specific time frame. This report is taken as of August 1 and it didn't include any act of severe weather, so we will will have to wait for the September report to see a true impact discussion.
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The Oklahoma Cotton Council is proud to serve the cotton producers and those who are a part of the cotton industry in Oklahoma- promoting and protecting their interests. In Recent Years- cotton acreage has grown in Oklahoma- and today we are the third largest Cotton State in the US- based on Acres Planted.
The Oklahoma Cotton Council works for the cotton farmer in the areas of research, advocacy and education. Follow the Oklahoma Cotton Council on Facebook or check out out the Oklahoma Cotton Council website- okiecotton.org
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Oklahoma Cotton Crop Potential Shines in August Crop Production Report
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For Oklahoma- the August Crop Production report offered a forecast of a 44% larger cotton crop than a year ago- with total production of 950,000 bales based on August first crop conditions. That close to a million bale crop is based on an 18% jump in pounds of lint per acre- 814 pounds in 2020 versus 688 pounds last year and an extra 100,000 acres that could be harvested- 560,000.
The 2020 Oklahoma Hard Red Winter Wheat Crop was left unchanged from the July crop- which included a record yield per acre of 42 bushels. The Oklahoma wheat crop is called 113.4 million bushel crop- up 3.4 million bushels from 2019. Our neighbors in Kansas and Texas both saw their wheat crop numbers trimmed a bit from July- the Kansas crop was predicted at 307.2 million bushels in July- the Augusst number is 294.4 million bushels- a drop of four percent from July. In Texas, the August total production for Winter Wheat is 63 million bushels- trimmed by four million bushels compared to July.
The Oklahoma Soybean crop is predicted higher in 2020 versus 2019 at 16..12 million bushels- USDA is predicting that 520,000 acres will be harvested for soybeans this year with a yeild of 31 bushels per acre. Corn harvest is expected to result in 48 million bushels combined- about three million bushels than in 2019, while 15.25 million bushels of grain sorghum is the harvest prediction- also slightly higher than the 2019 total in the state.
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NCBA's Kent Bacus Optimistic 2020 Will Be A Good Year For U.S. Beef Exports
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Kent Bacus, director of international trade and market access for the National Cattlemen’s Beef Association, remains optimistic U.S. beef exports will be strong in 2020 and beyond. On today’s Beef Buzz he talks with Radio Oklahoma Ag Network Farm Director Ron Hays about the growing market optimism due primarily to improved trade policy.
Building into 2019 we had seen tremendous growth with massive demand from the Asian markets, Bacus said. It was the second year the U.S. had $8 billion in sales despite all the trade obstacles.
At the start of 2020 we had all the great things like trade agreements with Japan and China ready to go, then COVID-19 hit.
I do think If we can continue to capitalize on the foreign markets 2020 will be okay, Bacus said.
Specifically, with Japan, we were behind our competitors on tariff levels.
We were stuck at 38.5 percent and our competitors were at 26 percent headed down to 9 percent, he said. We encouraged the administration to work quickly to get a better deal signed, Bacus said
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Each Weekday- Listen to Cotton Talk!
For our farmers who have either- always have had cotton on their farms- or those who have more recently have added the fiber crop to their operations- we have a new daily report starting to be heard on several of our Radio Stations- It's Called Cotton Talk- and we appreciate the Oklahoma Cotton Council for their support in making this a reality.
Click on the Button below to listen to our most recent report
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Seeking Nominations: OSU's Rural Renewal Citizenship Prize
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The Rural Renewal Initiative inspires, empowers, and coordinates rural renewal research at Oklahoma State University and beyond.
The Rural Renewal Initiative supports interdisciplinary research by funding seed grant projects seeking to improve the lives of people in rural communities and providing them with trained student research scholars to lead community engaged and participative research. The Rural Renewal Initiative will host its inaugural Rural Renewal Symposium online on October 13, 2020, to expand and empower its network of collaborating faculty, students, and community leaders. The symposium will feature the research of faculty, scholars, and other technical and social scientists who have conducted research in and for rural communities.
At the symposium, the Rural Renewal Initiative will award the first Rural Renewal Citizenship Prize. Nominations are sought for this award to honor a leader who has made an important contribution to the renewal of one or more rural communities in Oklahoma. This Prize is designed to recognize a person who shows true leadership qualities, is an exceptional role model, promotes community welfare, and advocates for community needs. This award seeks to highlight the work done by rural community members to improve their own community. Nomination materials include:
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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
National Livestock was founded in 1932 in Oklahoma City. National’s Marketing Division offers cattle for sale weekly at the Oklahoma National Stockyards in Oklahoma City. The Finance Division lends money to ranchers across several states for cattle production. The Grazing Division works with producers to place cattle for grazing on wheat or grass pastures.
National also owns and operates other livestock marketing subsidiaries including Southern Oklahoma Livestock Auction in Ada, Oklahoma, OKC West Livestock Market in El Reno, Oklahoma, and the nation’s premier livestock video sale, Superior Livestock Auction. National offers customers many services custom made for today’s producer. To learn more, click here for the website or call the Oklahoma City office at 1-800-310-0220.
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Meating Oklahoma's Needs - FAPC offers resources for meat processing opportunities
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Changes have been seen on a global scale for the past few months. As consumers learn to adapt and adjust to the outcomes of the pandemic, producers and workers in the meat industry especially have been impacted.
“During the COVID-19 pandemic, the meat industry has experienced shortages, while at the same time, consumer demand for meat, particularly beef, has increased,” said Jake Nelson, meat processing specialist at the Oklahoma State University Robert M. Kerr Food and Agricultural Products Center.
Nelson said individuals are coping with the shortages by considering the pursuit of their own ventures in the meat processing industry. These ventures include the direct purchase of beef from producers and processors, as well as developing new meat processing establishments.
“An increase in the direct marketing of beef from the livestock producer to the consumer has been observed,” Nelson said. “For this type of marketing experience to be successful, a critical middle party must be involved – the meat processor.”
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NCBA Commends Transportation Dept. & FMCSA For Extension of HOS Exemption
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The National Cattlemen’s Beef Association (NCBA) today released the following statement in response to the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (DOT-FMCSA) announcement of a 30 day extension to the Hours of Service (HOS) exemption for livestock and feed haulers:
"Livestock haulers are crucial to keeping beef moving through the supply chain and on to grocery store shelves. We thank DOT and FMCSA for extending this exemption and giving crucial relief to critical infrastructure," said NCBA Executive Director of Government Affairs, Allison Rivera. "While this is a win for the cattle industry, more still needs to be done. NCBA will continue to work with Congress and the Trump Administration, to find a permanent fix for Hour of Service regulations.
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This Weeks Ag in the Classroom, The Engineering Process and STEM!
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Summertime is here and the kiddos are out of school with many parents are at home with their kiddos, wondering, "What do we do now?" Oklahoma Ag in the Classroom has come up with some excellent daily activities you can do with your kids and family.
For this week's Ag in the Classroom we are talking about the Engineering Process! Did you know that agriculture and STEM go together like peanut butter and jelly or Batman and Robin? Farmers and others working in agricultural related careers are always solving problems! Our featured resource for today is Ag in the Classroom’s Engineering Process posters and tear sheets! We have two to fit your needs.
The one pictured works best for students in grades 3 and up, and we have one with simplified language for your Pre-K to 2nd grade students. Request the one that best fits your needs!! The back includes space for students to work out their project design. Many of our lessons work perfectly with this resource! You can download the worksheets and take steps with your kiddos to figure out your own engineering process! What are the answers to the problems? What can you change to make it better? How will your draw your plan? You can also request resources from AITC for your own classroom at home or school!
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USDA Says No Change in Land Values in 2020
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The average value of agricultural cropland sits at $4,100 per acre in 2020. That’s unchanged from last year and in line with recent record highs seen in 2019 and 2015. USDA’s 2020 Land Values report says the average value of cropland, including all land and buildings on farms, was $3,160 per acre in 2020. That’s unchanged from 2019’s record high. The average value for pastureland was $1,400 an acre this year, unchanged from 2019.
In Oklahoma- the values were slightly higher than a year ago- total farmland per acre values stand at $1,890- up 1.1 percent from 2019. Cropland values are at $1,690 per acre- up 1.2% while pasture land values are up 1.4% from 2019 at $1,40.
Cash rental rates for cropland averaged $139 per acre in 2020, down a dollar an acre from 2019. Agricultural land values were the highest in the Northeastern states. Densely-populated urban areas like Rhode Island, New Jersey, Connecticut, and Massachusetts, represent four of the top five states in terms of average agricultural land values. California rounds out the top five. Outside of urban areas, agricultural land values were highest through the Corn Belt, the Great Lakes region, the Southeast, and the Pacific Northwest. Through the Corn Belt, agricultural land values were highest in Illinois at $7,400 an acre, followed by Iowa at $7,100 an acre.
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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 continue trend higher- Choice Beef was up $1.01 while Select Beef was 97 cents higher.
Click on the Button below for the latest report from USDA Market News
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OKC West in El Reno had 5,427 head of cattle this week- On Wednesday in the yearling trade- Compared to last week: Feeder steers sold unevenly steady, feeder heifers traded 2.00-4.00 higher. Demand moderate to good. Several large drafts of cattle coming off grass on offer Wednesday.
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.
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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.
As the 2020-21 School Year begins- over 200 Oklahoma School Districts rely on the resources they can access from the Oklahoma Public Schools Resource Center. I talk with their Executive Director Brent Bushey about how the world of education was turned upside down in March of this year when COVID-19 kept student from returning to the Classroom after Spring Break. Brent talks about how schools worked to adapt this past spring and how that brings us to the fall semester- Brent says his group helps with Professional Development with teachers and other key staff- and has helped in the move into technological solutions to make education work in a COVID world. Today's Podcast is powered by the Petroleum Alliance of Oklahoma.
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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
405.317.6361
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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network
405.473.6144
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