| 
                    
                    
                      | Support Our Sponsors! 
 
 
                        
                          
                          
                            |  |  
                            | Canola 
                        Seed |  
 
 
 
 |  
                    
                    
                      |  |  
                    
                    
                      | We 
                        invite you to listen to us on great radio stations 
                        across the region on the Radio Oklahoma Network 
                        weekdays- if you missed this morning's Farm News - or 
                        you are in an area where you can't hear it- 
                         click 
                        here for this morning's Farm news 
                        from Ron Hays on RON. More from the Senate Farm 
                        Bill Debate in this Morning's 
                        report.      Let's Check the 
                        Markets!    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.   Okla 
                        Cash Grain:   Daily 
                        Oklahoma Cash Grain Prices- as reported 
                        by the Oklahoma Dept. of Agriculture.   Canola 
                        Prices:   Current 
                        cash price for Canola is $12.22 per bushel at the Northern 
                        Ag elevator in Yukon as of the close of business 
                        yesterday.   Futures 
                        Wrap:   Our 
                        Daily Market Wrapup from the Radio 
                        Oklahoma Network with Ed Richards and Tom Leffler- 
                        analyzing the Futures Markets from the previous Day.   KCBT 
                        Recap:  Previous Day's Wheat Market Recap-Two 
                        Pager from the Kansas City Board of Trade looks at all 
                        three U.S. Wheat Futures Exchanges with extra info on 
                        Hard Red Winter Wheat and the why of that day's 
                        market.    Feeder 
                        Cattle Recap:   The 
                        National Daily Feeder & Stocker 
                        Cattle Summary- as prepared by USDA.   Slaughter 
                        Cattle Recap:  The 
                        National Daily Slaughter Cattle 
                        Summary- as prepared by the USDA.   TCFA 
                        Feedlot Recap:   Finally, 
                        here is the Daily Volume and Price Summary from 
                        the Texas Cattle Feeders Association.   |  | 
                    
                    
                      | 
                          
                          
                            | Oklahoma's 
                              Latest Farm and Ranch News  
                                Your 
                              Update from Ron Hays of RON    
                              Thursday, 
                              June 21, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  Senate Embraces 
                              Coburn-Durbin High Earner Means Test as Well as 
                              Conservation Compliance on Crop Insurance- Senate 
                              Farm Bill Debate Update  Work 
                              on the farm bill continued in the Senate 
                              Wednesday. The vote on final passage of the 
                              measure is expected on Thursday afternoon, with 
                              Senate Majority Leader Harry Reid 
                              expressing the hope of being done by 3 PM 
                              Washington time- Reid calling the progress 
                              adequate on Wednesday afternoon with mostly just 
                              the non germane amendments left to consider, along 
                              with the debate and vote on the actual 2012 Farm 
                              Bill as amended to this point.    On 
                              Wednesday at least 35 amendments were voted on in 
                              a combination of voice votes and recorded votes. 
                              Oklahoma Senator Tom Coburn was 
                              successful in his attempt to limit subsidies for 
                              millionaires and raise premiums for farmers with 
                              an adjusted gross income in excess of 750-thousand 
                              dollars.   On 
                              the Coburn-Durbin amendment relating to Crop 
                              Insurance premium subsidies- Scott 
                              Farber of the Environmental Working Group 
                              was very pleased- "Thanks to the leadership of 
                              Senators Coburn and Durbin, the Senate today 
                              adopted a common sense reform to our crop 
                              insurance subsidies that will help level the 
                              playing field for family farmers. We applaud the 
                              senators for their efforts to place reasonable 
                              limits on crop insurance, which has become the 
                              primary safety net for farmers, that will simply 
                              require the largest and most profitable farm 
                              businesses to share a fair share of their risk 
                              protection costs with the taxpayer."   In 
                              what could be considered a "wow" moment 
                              during the debate- the Senate approved an 
                              amendment to establish highly erodible land and 
                              wetland conservation compliance requirements for 
                              the Federal crop insurance program- as offered by 
                              former Chairman of the Committee, Saxby 
                              Chambliss of Georgia. That measure passed 
                              52-47 and came over the objections of Chairlady 
                              Debbie Stabenow, who told 
                              reporters earlier in the day that we should not go 
                              that direction because we need to encourage as 
                              many farmers as is possible to sign up for crop 
                              insurance to make the pool of those insured as 
                              large as is possible to spread risk nationally. 
                              Several agricultural groups expressed their 
                              disappointment in that vote- including the 
                              National Corn Growers Association. Their 
                              President, Garry Niemeyer, 
                              offered this statement after the vote- "The 
                              National Corn Growers Association is very 
                              disappointed to see passage of Senator Saxby 
                              Chambliss' conservation compliance for crop 
                              insurance amendment in the 2012 farm bill. Our 
                              members have spent a significant amount of time 
                              discussing this issue and feel this addition to 
                              the farm bill would have a negative impact toward 
                              America's farmers.      Click here to read more of our 
                              coverage from the Wednesday floor action- as 
                              well as a chance to hear our audio overview 
                              featuring comments from Dr. Coburn and Pat Roberts 
                              on Crop Insurance.       |  
                          
                          
                            | Sponsor 
                              Spotlight   We welcome 
                              Winfield Solutions and 
                              CROPLAN Genetics as a sponsor of 
                              the daily email- and we are very excited to have 
                              them join us in getting information out to wheat 
                              producers and other key players in the southern 
                              plains wheat belt more information about the 
                              rapidly expanding winter canola production 
                              opportunities in Oklahoma.  CROPLAN has had 
                              three varieties in the winter canola trials this 
                              year- all three Glyphosate resistant- 
                              HYC115W, HYC125W and HYC154W.  Click here for more information on 
                              the CROPLAN Genetics lineup for winter 
                              canola.           We 
                              are also excited to have as one of our sponsors 
                              for the daily email Producers Cooperative Oil 
                              Mill, with 64 years of progress through 
                              producer ownership. Call Brandon Winters at 
                              405-232-7555 for more information on the oilseed 
                              crops they handle, including sunflowers and 
                              canola- and remember they post closing market 
                              prices for canola and sunflowers on the PCOM website- go there by 
                              clicking here.      |  
                          
                          
                            |  Coburn, 
                              Stabenow Debate Amendment to Reduce Funding for 
                              Market Access Program  Senator 
                              Tom Coburn squared off in debate 
                              against Senate Agriculture Committee Chairwoman 
                              Debbie Stabenow over an amendment 
                              Coburn had offered to the Senate's version of the 
                              2012 Farm Bill.
 Coburn introduced Amendment 
                              2289 which would reduce funding for the Market 
                              Access Program by 20 percent. The amendment also 
                              specifically prohibited the expenditure of funds 
                              for reality television shows, cat or dog food, 
                              wine tastings, and animal spa products.
 
 In 
                              a rare show of solidarity with President 
                              Barrack Obama, Coburn said his 
                              amendment supported goals outlined by the 
                              administration.  He also said the market 
                              access programs are not having their desired 
                              effect.
 
 "We spend $2 billion dollars over 
                              the next ten years on market access. American 
                              contribution to total world agricultural products 
                              is on the decline in spite of these programs. And 
                              the waste in these programs, if you actually look 
                              where the money's spent, is 
                              unbelievable."
 
 Stabenow took exception with 
                              Coburn's characterization of the market access 
                              programs as failures.
   You can read more and listen to the 
                              exchange between Coburn and Stabenow by clicking 
                              here.   |  
                          
                          
                            |  Canola 
                              Producers Need to Consider Crop Insurance Soon, 
                              Agent Says  With a 
                              very successful 2012 canola crop in the bin, 
                              interest is growing among producers to join the 
                              club and plant canola in 2013. One of the issues 
                              prospective canola producers will need to consider 
                              is obtaining crop insurance.
 Canola is not 
                              currently listed as a crop that can automatically 
                              be covered by crop insurance except in ten 
                              counties in Oklahoma as designated by RMA. Bambi 
                              Sidwell of the Sidwell Insurance Agency 
                              in Piedmont says insurance is available, but it 
                              involves submitting the right paperwork in a 
                              timely fashion. She said producers in counties 
                              that are not automatically approved for crop 
                              insurance on canola need a written agreement with 
                              the RMA so that a crop insurance policy can be 
                              written.   She says farmers who 
                              think they might like to grow canola for the 2013 
                              crop year need to start the process 
                              now.
 
 "We are starting a little earlier this 
                              year because there is planned to be a lot more 
                              acres of canola planted than there have been in 
                              previous years. And those written agreements do 
                              take multiple weeks to get approved by the RMA 
                              before the producer knows if they'll be able to 
                              insure their canola crop for 2013 or not."
   You can catch our interview with 
                              Bambi Sidwell on Canola TV by clicking 
                              here.    |  
                          
                          
                            |  Frank 
                              Lucas Delays House Ag Committee Farm Bill Markup 
                              Until July 11- But Pledges to Move Forward Then 
                              "Hell or High Water"    The 
                              House Agriculture Committee is not going to hold a 
                              markup on the next farm bill until after the 
                              Fourth of July recess. The markup is scheduled for 
                              Wednesday, July 11th. Chairman Frank 
                              Lucas decided to postpone the markup 
                              because the fiscal year 2013 Agriculture 
                              appropriations bill will come up on the House 
                              floor next week. According to Lucas - the 
                              committee members need to devote their attention 
                              to that process and to protecting that bill 
                              against potentially harmful amendments. He says 
                              antagonists on both sides of the farm bill will 
                              view the spending bill as a mini farm 
                              bill.    Of 
                              course the question now is- will that give Lucas 
                              enough time to get the Committee work done and get 
                              floor time from House Speaker John Boehner before 
                              the August recess?  If there has been no 
                              floor debate before August- it makes getting a 
                              2012 Farm Bill done in a conventional manner very 
                              difficult.  If Chairman Lucas can get his 
                              Committee to accept what has been done behind the 
                              scenes to this point and a bill is passed out of 
                              Committee that week of July 11- a July floor 
                              debate is still not out of the question- with the 
                              passage of a bill in the US Senate exerting huge 
                              pressure on the House Republicans to allocate 
                              floor time to get a bill done.      Politico 
                              had a good read on these questions on the House 
                              side of the 2012 farm bill debate- click here to check that 
                              out.      |  
                          
                          
                            |  Increased 
                              Trade With Russia Will Benefit U.S. Farmers, AFBF 
                              Says  Timely 
                              congressional approval of permanent normal trade 
                              relations status for Russia will benefit U.S. 
                              farmers and ranchers, the American Farm Bureau 
                              Federation told a House 
                              Committee.
 Wayne Wood, 
                              president of Michigan Farm Bureau, testified on 
                              behalf of AFBF before the House Committee on Ways 
                              and Means.
 
 "PNTR makes permanent the trade 
                              status the U.S. has extended to Russia on an 
                              annual basis since 1992," Wood said. "It 
                              recognizes Russia's joining the World Trade 
                              Organization, which will provide our farmers and 
                              ranchers with more certain and predictable market 
                              access."
 
 Russia's commitment to adhering to 
                              WTO provisions on sanitary and phytosanitary 
                              measures in particular will benefit U.S. farmers 
                              and ranchers because this will limit the country's 
                              ability to impose arbitrary measures that have 
                              impeded trade in the past.
 
 In his 
                              testimony, Wood explained that exports of U.S. 
                              farm goods to Russia are likely to increase 
                              substantially following congressional approval of 
                              PNTR and the country's accession to the WTO. U.S. 
                              sales of beef, poultry, pork, apples, cheeses, 
                              soybeans and soybean products are all expected to 
                              grow due to improved market 
                          access.
 |  
                          
                          
                            |  Quality 
                              Beef Demand in South America Drives U.S. Profits 
                              Higher  Quality 
                              counts in today's worldwide beef market. In at 
                              least one South American country, quality beef 
                              imports and prices being paid are 
                              growing.
 Maggie O'Guinn 
                              with Certified Angus Beef, LLC, says unbeatable 
                              U.S. quality is the reason.
 
 "Many of the 
                              wealthy consumers in Columbia travel a lot to 
                              Miami where they are exposed to the certified 
                              Angus beef brand. They know and appreciate the 
                              value and the quality of a higher-marbled steak. 
                              And the other thing is beef is still a status 
                              symbol. Beef is the celebration 
                              protein."
 
 Beef dishes are growing more and 
                              more prominent on wedding and banquet menus there 
                              and consumption across the board is 
                              rising.
 
 Click here for a video report on 
                              growing demand for high quality U.S. beef in South 
                              America.
   |  
                          
                          
                            |  Soy 
                              Checkoff-Funded Video Series Helps Boost 
                              Production, Profit Potential  To 
                              make the most of every acre, U.S. soybean farmers 
                              need the latest production research and management 
                              information. One thing that can help them get it 
                              is the soy checkoff-funded "Focus on Soybeans" 
                              webcast series. And with the new, quicker summary 
                              versions, U.S. soybean farmers can get the latest 
                              information they can use on the farm in five 
                              minutes or less.
 "The webcasts provide 
                              valuable information to help soybean farmers 
                              better manage pests, diseases and other crop 
                              stresses," says Jimmy Sneed United Soybean Board 
                              (USB) communications chair and Hernando, Miss., 
                              soybean farmer. "They also bring to U.S. soybean 
                              farmers new developments in production practices, 
                              irrigation management, seeding rates, seed-quality 
                              preservation and others that are included in the 
                              series, too."
 
 Now the webcasts are 
                              available in a shorter format. And although that 
                              provides more convenience for some farmers, the 
                              full-length versions, which include a lot more 
                              science-related information, still remain 
                              available for soybean farmers who prefer the 
                              longer format.
 
 You can read more about the soybean 
                              video series as well as access their website by 
                              clicking here.
   |  |  
                      | 
                          
                          
                            |     God Bless! 
                              You can reach us at the following: 
                                  phone: 405-473-6144
   |  |  |