Oklahoma's Latest Farm
And Ranch News
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Your Update from Ron Hays of RON
Friday, July 9, 2021
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Here is your daily Oklahoma farm and ranch news update.
- Plains Grains Calls Oklahoma Wheat Harvest 95% Complete- Kansas at 73% Done
- OSU's Kim Anderson Discusses Nearly Complete Wheat Harvest And Recent Price Hits
- Drought Monitor Shows Scorching Conditions in Western U.S.
- Gross Receipts Set Records as Economy Grows
- KSU’S Glynn Tonsor Reflects On His Part In Senate Ag Committee Hearing
- Plains Cotton Growers Mark Brown Discusses This Year’s Cotton Crop Condition
- CoBank Quarterly: Change is Coming for U.S. Food and Agricultural Businesses
- Join OKFB for 2021 August Area Meetings
- More Farm News Stories for Your Weekend Reading
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Plains Grains Calls Oklahoma Wheat Harvest 95% Complete- Kansas at 73% Done |
During the wheat harvest season, Mark Hodges and Plains Grains release a weekly HRW wheat harvest report- here is the latest report from Hodges, as released on Thursday evening, July eighth:
According to Plains Grains, HRW harvest progress was slowed again this week due to scattered rain showers and high humidity either keeping combines out of the field or only allowing a late afternoon start. These conditions prevailed all the way from Texas to Nebraska keep all states behind the 5-year average percent harvested acres for this date historically.
Texas and Oklahoma continue to wind down the 2021 HRW wheat harvest (92% and 95% respectively). The remaining acres in eastern and southern areas of both states not cut yet are potentially facing quality issues from too much rain and high humidity as lower test weights. Some limited sprout damage has been reported in both states.
Kansas, (now 73% complete with harvest) with most acres remaining to be cut in the northwestern areas of the state. As is the case in Texas and Oklahoma, rain and its effect on quality continues to be a concern for the remain acres to be harvested in Kansas with some sprout damage being reported.
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Union Mutual was chartered in 1938 to write property and casualty insurance in the state of Oklahoma. Over the years, Union Mutual has maintained the attitude that started the company and continue to be that company that understands Oklahomans’ insurance needs when they contact any member of the UMIC team.
In poor economic times, in times when national insurance companies either stopped writing or completely left the state, Union Mutual has been there for Oklahomans. Today, Union Mutual writes insurance in all 77 counties of Oklahoma through almost 300 agency locations. These agents provide prompt and reliable quotes for most lines of insurance. Just recently, UMIC launched a new product in the preferred market space that has seen unprecedented growth with our rural customer base and falls in line with our Company mantra of “Protection not Politics”, when meeting the needs of our consumers and agents.
Union Mutual offers a wide variety of coverage options for Oklahomans. For 82 years, Union Mutual has led the way to protect all of Oklahoma.
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OSU's Kim Anderson Discusses Nearly Complete Wheat Harvest And Recent Price Hits |
Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets. Dr. Anderson says harvest is more than 90 percent complete in Oklahoma. This week Dr. Anderson is talking about wheat prices and wheat condition.
Anderson says overall, yields are good and quality is good. A few are struggling from sprout damage due to rain, but only a small percent, Anderson said.
He said prices unfortunately took a big hit this week. Prices dropped $0.75 for wheat, $0.50 for corn, and $0.80 for soybeans.
Anderson said he believes the cause is yields, confusion within the USDA Acreage report, and weather.
"Weather drives prices, and there is a lot going on with that right now," Anderson said.
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Drought Monitor Shows Scorching Conditions in Western U.S. |
Another week of hot, dry weather in the Pacific Northwest, Northern Rockies, Northern Plains, and Upper Midwest led to the expansion of drought conditions. Meanwhile, monsoon thunderstorms brought wet weather to eastern New Mexico and West Texas resulted in large one-category improvements according to the latest U.S. Drought Monitor update.
Substantial rain fell across much of the South again this week, leading to large areas of one-category improvements to remaining drought areas in Texas and Oklahoma, where rainfall deficits, soil moisture, and streamflow improved. A two-category improvement was made in far West Texas near El Paso, where more rainfall has been recorded in the last nine days than in the prior 15 months.
In Oklahoma, strides forward are being taken as 93.13 percent of the state is drought free. This compares to 50.20 percent three months ago and 33.10 percent one year ago.
Looking ahead to next week, temperatures will remain below normal for the southern half of the state and normal for the northern and western parts of the state.
We have the Oklahoma Drought Map Below- you can also click on the map to see the PDF in more detail.
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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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Gross Receipts Set Records as Economy Grows |
Oklahoma’s expanding economy pushed Gross Receipts to the Treasury into record high territory for both 12-month revenue and June collections, State Treasurer Randy McDaniel announced today.
Receipts of $14.32 billion during fiscal year 2021, which ended June 30, are the highest on record during any 12-month period in Oklahoma history. Collections of $1.54 billion from the past month are the highest for any June.
“Positive economic news of this magnitude is reassuring,” State Treasurer Randy McDaniel said. “The economic picture in Oklahoma is still developing, but it’s clearly much improved from where we were a year ago during the depths of the pandemic.”
The substantial increase in gross receipts can be attributed to growth in economic activity along with some non-economic factors, including more than $10 billion in direct federal payments to Oklahomans in response to the pandemic and the timing of income tax payment deadlines.
Last year’s income tax deadline was delayed from April to July, so it’s included in the current 12-month report along with payments due this year. In addition, June receipts are boosted by the change in this year’s income tax payment deadline from April to June. Total income tax collections are up by more than 21 percent for the fiscal year and 73 percent for the month.
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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
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2021 Oklahoma City Farm Show.
The Tulsa Farm Show is Oklahoma’s premier agricultural and ranching event which returns to the River Spirit Expo (Expo Square) December, 9-10-11, 2021.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2021 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
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KSU’S Glynn Tonsor Explains Importance Of Consumers Across the Beef Industry In Senate Agriculture Committee Hearing |
Two producers, two market economists, and one social engineer appeared before the Senate Agriculture Committee in the latter days of June to discuss cattle market transparency and current market happenings.
One of those present to testify was Kansas State University agricultural economics professor, Glynn Tonsor, who talked about the need for more cattle market transparency and more cash cattle trade.
Tonsor said you do not want to lose the opportunity to differentiate your product or produce a high-quality beef product the consumer wants and is willing to pay for.
“You can generalize this as not just arrangements specific to alternative marketing agreements, but more generally as lots of our society has thrived by evolving over time and having economic signals in the form of markets that gets someone to produce something differently or more efficiently than was done in the past,” Tonsor said. “This certainly holds to beef.”
Tonsor said we have many more types of beef items being sold through the export, domestic and retail market channels where the ask behind the products is different than previous times.
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Plains Cotton Growers Mark Brown Discusses This Year’s Cotton Crop Condition |
As the summer progress and cotton continues squaring and setting bolls across the nation, blooming is right around the corner.
Associate Farm Director, KC Sheperd, caught up with Plains Cotton Growers director of field services, Mark Brown, who said, “Right now, our crop looks good here in the high plains of Texas. I understand from the visits I have had that the crop looks good in Oklahoma and Kansas as well.”
This is quite the turnaround compared to the bleak, drought-ridden land that caused an initial delay, Brown said.
“Though we are 10 days to two-weeks behind what we would like to see out here, we are not really far behind as far as the crop growth status,” Brown said.
Brown said he believes they could overcome with the right moisture and temperature conditions through the remainder of the season.
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CoBank Quarterly: Change is Coming for U.S. Food and Agricultural Businesses |
The widely anticipated summer economic boom is well underway and U.S. consumers are spending on services again. Jobs are abundantly available, but workers are scarce as the labor market is healing more slowly than most economists expected. According to a new Quarterly report from CoBank’s Knowledge Exchange, labor challenges felt during the pandemic and continuing today will incentivize businesses throughout the food supply chain to rapidly increase automation within their operations.
“The most significant and lasting impact from COVID will be an acceleration in automation,” said Dan Kowalski, vice president of CoBank’s Knowledge Exchange division. “And it will affect the entire supply chain from field to grocery and restaurants. It won’t be an overnight transformation, but much larger investments in technology now will lead to a much more automated supply chain over the next few years.”
Commodity price inflation has been a boon to many ag producers over the past year. But increases in raw material and transportation costs, combined with higher wages, are causing retailers to push those higher costs on to consumers. U.S. consumers have benefited from very low food inflation for much of the past decade, but higher prices are a near certainty for the next year.
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Join OKFB for 2021 August Area Meetings |
Oklahoma Farm Bureau members are encouraged to attend one of the organization’s 11 August Area Meetings held across the state beginning August 9.
Signifying the beginning of the organization’s grassroots policy development process, the meetings provide members a chance to discuss the top agriculture and rural issues on the horizon as they prepare to draft OKFB policy for the next year.
In addition to enhancing OKFB’s policy priorities, members will have a chance to learn about the work the organization continues to do for and on behalf of farmers, ranchers and rural Oklahomans across the state.
Click here to find the date and time for your district’s meeting. For more information, contact your field representative.
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More Farm News Stories for Your Weekend Reading |
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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 go lower- Choice Beef was off $2.93 while Select Beef was down $2.02.
Click on the Button below for the latest report from USDA Market News
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Oklahoma National Stockyards will return this coming Monday, July 12th after being off this week in honor of the birthday of our nation.
Click below for the complete closing report of ONSY's most recent sale..
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The Joplin Regional Stockyards had a total run of 5,232 for a special Value Added Sale held on July 8th(Thursday)
Compared to the most recent value added sale on June 24th, feeder steers traded steady under 650 lbs, and traded 3.00 to 5.00 higher weighing over 650 lbs. Feeder heifers were similar and remained steady under 650 lbs and traded 3.00 to 5.00 higher over 650 lbs. Demand was good on a moderate supply.
Click on the button below for details of the trade as compiled by the USDA Market News Service.
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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
Pam Arterburn, Calendar and Template Manager
Emile Mittelstaedt, Farm News Intern and Email Editor
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Rural Oklahoma is full of some of the greatest success stories throughout the entire state and is the 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 affecting rural America.
The Road to Rural Prosperity is here to tell stories about rural America, for rural America.
Host Ron Hays sits down with Sam Knipp, who has been communicating to farmers and ranchers in Kansas and Oklahoma as a farm broadcaster and ag journalist since the 1970s- Most recently, he has been a part of the broadcast and journalism team for the Radio Oklahoma Ag Network- but before that, Sam worked for farmers and ranchers in Public Relations and Communications for the Kansas Farm Bureau, Oklahoma Farm Bureau and the American Farmers and Ranchers. He's a farm boy from western Kansas, who after over 40 years in service to agriculture, is retiring July 2, 2021. Our conversation with Sam Knipp is powered by Banc First.
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, 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, Union Mutual Insurance, 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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