Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Wednesday, October 14, 2020
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Here is your daily Oklahoma farm and ranch news update.
- USDA Crop Progress Report Shows Farmers Making Rapid Progress Harvesting Fall Crops and Planting Winter Wheat
- Latest Monthly Consumer Beef Demand Survey Shows Some Concern Going Into Winter, Says K-State's Dr. Glynn Tonsor
- A Pilot Project Focused On Helping Farmers With Financial CheckUp Now Available Free of Charge From OSU Extension
- Fashion and Textiles Industry Keen to go Green despite COVID-19 Pandemic
- Dr. Glenn Selk On Estimating Hay needs for the Upcoming Winter
- USDA Invests $490,000 in Value-Added Producer Grants in Rural Oklahoma
- 25th Anniversary No-till on the Plains Winter Conference
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USDA Crop Progress Report Shows Farmers Making Rapid Progress Harvesting Fall Crops and Planting Winter Wheat
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Weather conditions have been good for a quick fall harvest as many farmers are either at the halfway mark or beyond for the major crops, according to the latest USDA Crop Progress Report.
Corn farmers have completed 41 percent of the harvest in the 18 major producing states, well ahead of the 5-year average of 32 percent.
Texas (81 percent complete), North Carolina (90 percent), Tennessee (76 percent) and Kentucky (74 percent) are the closest to the finish line.
Illinois corn farmers are 45 percent complete and Missouri is at 51 percent complete.
Soybean farmers are even further along at 61 percent complete, up from 38 percent last week and the 5-year average of 42 percent.
Leading the soybean pack are Louisiana (90 percent) and Minnesota (87 percent). Nebraska and South Dakota are both 82 percent complete.
Grain sorghum harvest stands at 49 percent in the 6 major producing states with Texas at 90 percent complete.
Cotton farmers are also making rapid progress with 26 percent of the crop harvested nationwide, which is about average for this time of year.
When High Plains farmers are not harvesting crops, they are planting winter wheat and 68 percent is now in the ground, 7 points ahead of normal for this time of year.
Colorado (94 percent complete), Nebraska (89 percent) and Kansas (74 percent) are among the leaders in getting the winter wheat planted.
Approximately 41 percent of the wheat has emerged, which is 6 points ahead of the average.
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Oklahoma AgCredit is a cooperative, owned by the members we serve. This ensures our customers’ needs come first. Our profit can only be used in two ways – retained to build our financial strength or passed on to members through our Patronage Program. Patronage is like an interest rebate and it basically reduces our members cost of borrowing. We have returned more than $53 million to our members since 1997.
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Latest Monthly Consumer Beef Demand Survey Shows Some Concern Going Into Winter, Says K-State's Dr. Glynn Tonsor
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Demand for beef has been strong during the summer months but there is concern going into the fall and winter, especially for food service establishments says Dr. Glynn Tonsor, K-State livestock market economist.
Tonsor conducts a monthly consumer meat demand study for ribeye steak and ground beef. This is a continuation of a research project started several years ago by Jason Lusk during his tenure at Oklahoma State University. Lusk has moved to Purdue and OSU dropped the study.
K-State’s Tonsor picked up the project and on today’s Beef Buzz, discussed the latest findings.
The monthly study is underwritten by the beef checkoff and the pork checkoff.
On the retail or grocery store level demand is down slightly but basically flat from August, Tonsor said.
Food service demand is down more as foot traffic has stepped back over the past month, he said.
Going into the fall, restaurants can stretch outside eating with supplemental heating, but winter could see a bearish impact as consumers could be uncomfortable dining inside during the pandemic.
The KSU scientist asked consumers about their willingness to eat inside if there is a COVID-19 vaccine.
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A Pilot Project Focused On Helping Farmers With Financial CheckUp Now Available Free of Charge From OSU Extension
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A free program is now available for Oklahoma agricultural producers interested in getting help with their farm financial plans through a new pilot project offered by Oklahoma State University Extension.
Farm financial specialists with the OSU Department of Agricultural Economics and OSU Extension field staff economists recently received grant funds through the University of Minnesota to begin doing farm financial plans that will ultimately become part of the benchmarking database FINBIN.
FINBIN is one of the largest and most accessible sources of farm financial and production benchmark information in the world, providing detailed reports about whole farm, crop and livestock financials.
“For this pilot program, we are working to recruit farmers and ranchers and help them complete beginning balance sheets,” said Courtney Bir, OSU Extension agricultural economist.
I had the chance to talk with Courtney this week while in Stillwater and she emphasized “knowledge is power” when it comes to knowing your financial situation.
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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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Fashion and Textiles Industry Keen to go Green despite COVID-19 Pandemic
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New research reveals the extent of the global fashion industry's commitment to sustainability, despite the COVID-19 pandemic, with sustainability ranked as the second most important strategic objective for businesses in the sector .
The new research, from the U.S. Cotton Trust Protocol and the Economist Intelligence Unit (EIU), is based on a survey of 150 leading executives from top fashion, retail and textile business across Europe and the US, and interviews with leading brands like Puma, H&M and Adidas. Explored in a new report, ‘Is Sustainability in Fashion?’ the research comes at a time when the industry finds itself at a crossroads: whether to continue to invest in sustainability, or row back in light of the pandemic.
Sustainability is business critical, say fashion, retail and textile leaders
In defiance of the pandemic, the new data shows that for many of the world's biggest brands, sustainability is now business critical. The majority of fashion, retail and textile leaders surveyed (60%), named implementing sustainability measures as a top two strategic objective for their business, second only to improving customers’ experience (ranked first by 64%). This contrasts starkly with the fewer than one in six (15%) that listed 'rewarding shareholders' as a top objective.
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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
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. Glenn Selk On Estimating Hay needs for the Upcoming Winter
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Dr. Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist, offers herd health advice as part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. Today, Dr. Selk talks about Estimating hay needs for the upcoming winter.
Each fall, cow/calf producers have that question lurking in the back of their mind: “Do we have enough hay stored to get through the winter?” Winter hay needs will vary dramatically from place to place. Drought areas will provide much less standing forage in pastures than those parts of Oklahoma that have had adequate moisture this fall. Hay feeding will start earlier and occur over more days where drought or snow-cover prevent cows from grazing standing forage.
Estimating forage usage by cows is an important part of the task of calculating winter feed needs. Hay or standing forage intake must be estimated in order to make the calculations. Forage quality will be a determining factor in the amount of forage consumed. Higher quality forages contain larger concentrations of important nutrients so animals consuming these forages should be more likely to meet their nutrient needs from the forages. Also cows can consume a larger quantity of higher quality forages.
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USDA Invests $490,000 in Value-Added Producer Grants in Rural Oklahoma
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The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $490,000 in two agriculture producers in rural Oklahoma.
“We recognize that our agriculture producers work both day and night to produce their products. This investment supports them in their efforts to generate new products and to expand the marketing of these products. We are happy to support these agriculture producers,” said Dr. Lee Denney USDA Rural Development Oklahoma State Director. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA has been working tirelessly to be a strong partner to rural Oklahoma in building stronger and healthier communities, because we know when rural America thrives, all of America thrives.”
The agriculture producers receiving funding through the Value-Added Producer Grants program in rural Oklahoma include:
• Miller Pecan Company LLC, in Afton, has received a grant in the amount of $240,000 to expand their market of native pecans. Miller Pecan is one of the only producers in the U.S. that handles their pecans from planting through marketing. This expansion will assist them in entering a new market of local native pecans and will increase their brand awareness.
• Summerside Vineyards & Winery Inc., in Tuttle, has received a grant in the amount of $250,000 to expand their market. Summerside, a female-owned vineyard and winery, will expand their market of wholesale distributors and restaurants to include grocery stores and convenience stores, aligning with recent changes to Oklahoma liquor laws.
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25th Anniversary No-till on the Plains Winter Conference
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Celebrate 25 years of the No-till on the Plains Winter Conference, January 26th, 2021 in Wichita, Kansas.
The annual event is still being planned for an in-person gathering with modifications for local public health requirements. Unfortunately the COVID-19 pandemic continues to make planning in person events difficult. However, No-till on the Plains is committed to holding an event that still provides the high quality speakers and networking you have come to expect from us.
The Conference will be limited to one day, only 200 registration spots are available. We want to provide the best event we can under the limitations required by local authorities. With this in mind, it is more important to get registered early this year. If we reach capacity we will add more attendees in a virtual format. Rest assured, if local restrictions preclude an in person event, we will move to an all virtual format.
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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 to show weakness- Choice Beef was down $2.18 on Tuesday to $212.44 while Select Beef was also lower.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards had 6,867 head on Monday October 12- Compared to last week: Feeder steers and heifers are trading 6.00-8.00 lower, instances 10.00 lower. Steer and heifer calves traded 4.00- 6.00 lower, few trades sharply lower as much as 8.00-10.00 lower.
Click below for the complete closing report.
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OKC West in El Reno had 2,000 head for their Tuesday Calf Run.
Compared to last Tuesday: Long weaned and light weight steers calves sold mostly steady to 2.00 higher where comparable sales were noted. Un-weaned, fresh off the cow cattle were sharply lower instances to as much as 10.00 lower. Weaned heifers were lightly tested but few sales steady to weak. Demand moderate.
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.
Today's Road to Rural Prosperity trek brings us to the State Chamber of Oklahoma- and a chance to talk with their President and CEO, Chad Warmington. Chad is not a native Okie- but has been "all in" on Oklahoma since he took a job on the staff of then US Senator Don Nickles. He married a Guthrie girl and rejoined the State Chamber of Oklahoma in February 2020- just ahead of the Pandemic that has changed everything. He cares deeply about Oklahoma- and is committed to improving the business climate of all of the state- including Rural Oklahoma. Our conversation with Chad is being powered today by the Oklahoma Rural Water Association.
To find out more about our full series of Podcasts on The Road to Rural Prosperity- click or tap here.
To hear this Podcast you can click here or tap below:
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR/OFU, 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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