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                        weekdays- if you missed this morning's Farm News - or 
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                        here for this morning's Farm news 
                        from Ron Hays on RON.     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 $12.31 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 
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                        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, 
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                            | Oklahoma's 
                              Latest Farm and Ranch News  
                                Your 
                              Update from Ron Hays of RON    
                              Tuesday, 
                              June 26, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  Corn, 
                              Soybean and Pasture Crop Ratings All Slip in 
                              Latest Week  For 
                              the third week in a row, the nation's corn and 
                              soybean conditions declined on USDA's weekly Crop 
                              Progress and Condition report. Corn in the very 
                              poor to poor category increased five percentage 
                              points to 14% and corn rated good-to-excellent 
                              dropped 7 percentage points to 56%.
 Ten 
                              percent of the corn crop is silking, compared to 
                              5% last week and a 3% average. Scott 
                              Newsom with DTN says "This means the crop 
                              continues to mature during the worst of this 
                              year's hot and dry weather 
                              conditions."
 
 Soybean conditions also 
                              plunged, with the percent of the crop rated very 
                              poor to poor increasing three percentage points to 
                              15% and the portion of the crop rated good to 
                              excellent falling a like amount.
 
 For the 
                              2012 Soybean crop, "The steady decline continues 
                              to indicate a less likely chance of the crop 
                              making trendline yield," Newsom said.
   To read more or catch a link to the 
                              full USDA report, click here.     |  
                          
                          
                            | Sponsor 
                              Spotlight       
                                Midwest 
                              Farm Shows is 
                              our longest running sponsor of the daily farm and 
                              ranch email- and they want to thank everyone for 
                              supporting and attending the Southern 
                              Plains Farm Show this spring.  The 
                              attention now turns to this coming December's 
                              Tulsa Farm Show- the dates for 
                              2012 are December 6 through the 8th.  Click here for the Tulsa Farm Show 
                              website for more details about this tremendous 
                              all indoor farm show at Expo Square in 
                              Tulsa. 
   And we are proud to have 
                              P & K Equipment/ P & K Wind 
                              Energy as one of our regular sponsors of 
                              our daily email update. P & K is the premiere 
                              John Deere dealer in Oklahoma, with ten locations 
                              to serve you, and the P & K team are excited 
                              about their Wind Power program, as they offer 
                              Endurance Wind Power wind turbines. Click here for the P&K 
                              website- to learn about the location nearest 
                              you and the many products they offer the farm and 
                              ranch community. 
                                      
                          |  
                          
                          
                            |  Winter 
                              Wheat Harvest Virtually Complete in Oklahoma and 
                              Kansas  Winter 
                              wheat harvest is virtually complete in Oklahoma 
                              and Kansas and is nearing completion in Texas, 
                              according to this week's Crop Progress and 
                              Condition Report.    Ninety-six 
                              percent of the Oklahoma harvest is now in the bin, 
                              well ahead of the 28 percent five-year average for 
                              this time.   The 
                              official beginning of summer brought summertime 
                              temperatures with it including a 107-degree 
                              reading in the Panhandle at Beaver. High 
                              temperatures across the rest of the state rose 
                              into the 90s. Rains earlier this month alleviated 
                              drought conditions for a short period, but the 
                              drought has worsened over the past week. The 
                              latest drought monitor indicates two-thirds of the 
                              state is abnormally dry, and 15 percent is 
                              experiencing a severe drought. Click here for the full report on 
                              Oklahoma.   Wheat 
                              harvest in Kansas is reported to be 98 percent 
                              complete by last Sunday, putting the state about 
                              three weeks ahead of the five-year average. Only 
                              the eastern half of the state experienced 
                              significant rainfall last week.  Click here for the Kansas 
                              report.   In 
                              Texas, About 85 percent of the winter wheat is 
                              reported as harvested. Wheat and oats that had not 
                              been harvested for grain were grazed out or 
                              chopped for silage in the Cross Timbers. 
                              Throughout the High Plains, wheat harvest was 
                              progressing well. Harvest was reported to be over 
                              in the Blacklands.  The full Texas report is available by 
                              clicking here.   |  
                          
                          
                            |  Oklahoma 
                              Farm Bureau Leader Disappointed with Senate Farm 
                              Bill  The 
                              U.S. Senate's approval of a farm bill on June 21, 
                              is drawing mixed reviews from Oklahoma farmers and 
                              ranchers.   The main concern, said 
                              Scott Neufeld, Fairview, is the 
                              lack of price protection in years when commodity 
                              prices are low. 
 "We're disappointed that 
                              most of the risk management tools included in the 
                              Senate bill are revenue based with very little 
                              focus on the price components of actual 
                              marketing," Neufeld said. "There is no mechanism 
                              to manage risk when steep price declines happen, 
                              and they will happen, and when they may last for 
                              several marketing years."
 
 As chairman of 
                              Oklahoma Farm Bureau's Farm Bill Committee, 
                              Neufeld closely followed the Senate's actions and 
                              believes they fell short of passing legislation 
                              that could truly help Oklahoma 
                              agriculture.
 
 You can read more of Scott Neufeld's 
                              concerns about the 2012 Senate Farm Bill by 
                              clicking here.
   |  
                          
                          
                            |  2012 
                              Beef Cow Slaughter Shows Less Drought Impact...and 
                              More?  Derrell 
                              S. Peel, Oklahoma State University 
                              extension livestock marketing specialist, takes a 
                              look at slaughter cow numbers in the latest 
                              Cow-Calf Newsletter: 
 Beef cow 
                              slaughter so far this year is down over 9 percent 
                              compared to the same period last year. In the last 
                              6 weeks, beef cow slaughter is down nearly 16 
                              percent compared to last year. These data clearly 
                              reflect improved drought conditions compared to 
                              last year, especially in the Southern Plains. So 
                              far this year, beef cow slaughter in federal 
                              slaughter Region 6, which covers the 2011 drought 
                              region, is down over 19 percent compared to all 
                              other slaughter regions in which the remaining 
                              beef cow slaughter is down 5.2 percent. In the 
                              last 6 weeks, Region 6 beef cow slaughter is down 
                              nearly 31 percent year over year while the rest of 
                              the country is down nearly 9 percent.
 
 Last 
                              year, the situation in the Southern Plains was in 
                              sharp contrast to the rest of the country. At this 
                              time last year, the year to date total beef cow 
                              slaughter for Region 6 was up 12 percent from the 
                              same period in 2010, while the rest of the country 
                              was down 11 percent leading to a national total 
                              that was down nearly five percent. In other words, 
                              last year at this time, the growing drought 
                              impacts were offsetting decreased beef cow 
                              slaughter in other regions which reflected 
                              industry attempts to stabilize or increase beef 
                              cow numbers.
   Click here for more of Derrel Peel's 
                              analysis of beef cow slaughter trends.   |  
                          
                          
                            |  USDA 
                              Project Test Water-Saving Practices in Dry Areas  A 
                              USDA project is trying out new ways to save water 
                              in places where farmers need it the most. 
                              
 Saving water supplies in drier parts of 
                              the nation is the goal of a U.S. Department of 
                              Agriculture effort. A USDA Natural Resources 
                              Conservation grant is funding a three-year 
                              demonstration project, administered by the North 
                              Plains Groundwater Conservation District and Texas 
                              Tech University to show how strategic irrigation 
                              and crop system management can save water and help 
                              farmers.
 
 Harold Grall is a farmer in Moore 
                              County, Texas. "This is, I think, good use of 
                              money. Instead of just direct payments to a 
                              farmer, we can show that we are using these 
                              resources, money resources to, you know, help 
                              especially in this area with our farming 
                              practices."
 
 Nearly $500,000 in grant money 
                              will go to farmers, researchers, foundations and 
                              other groups trying out water-saving 
                              practices.
 
 You can read more about this grant 
                              program by clicking here.
   |  
                          
                          
                            |  Choice 
                              Boxed Beef Up Slightly, Finished Cattle Lower, 
                              Czerwien Says  In 
                              this week's beef report with Ed 
                              Czerwien of the USDA Market News Office 
                              in Amarillo, Texas, we saw the choice cut market 
                              end last week at $196.63 cwt, about a dollar lower 
                              than the previous Friday.    The 
                              total spot volume was 1,071 loads, steady with the 
                              previous week. The total volume moved for all cuts 
                              was 8,518 loads, higher than we've seen since this 
                              time last year.
 The general trend in the 
                              finished cattle trade was mostly $3 lower with 
                              live sales last week mainly at $116 cwt, dressed 
                              business was $187 to $190.
 
 The harvest 
                              weights continued to increase in some areas but 
                              appear to have plateaued in other 
areas.
   You can listen to Ed's full report by 
                              clicking here.    |  
                          
                          
                            |  This 
                              N That- We "Welcome" Triple Digits Across Oklahoma 
                              & Peterson Talking Farm Bill With Mike Adams    The 
                              majority of Oklahoma Mesonet stations hit one 
                              hundred degrees or hotter yesterday afternoon- the 
                              hottest day of the year so far across Oklahoma on 
                              a border to border basis.  I counted a bakers 
                              dozen Mesonet stations that "only" hit 98 or 99 
                              degrees as their high- hottest actual temperature 
                              was out in Buffalo at 109 degrees. Gary 
                              McManus, our Associate State 
                              Climatologist, says that Wister had the honor of 
                              the highest heat index yesterday afternoon- at 110 
                              degrees- hot temps and higher humidity add up. 
                                Gary 
                              says of the immediate outlook- "Watch for 
                              the above normal temperatures to continue for 
                              awhile. Might not always hit 100 degrees, but it 
                              looks to stay above normal for the short-to-medium 
                              term.  Click here for his latest rant 
                              which is also known as the Oklahoma Mesonet 
                              Ticker.      ******** The 
                              top Democrat on the House Ag Committee, 
                              Collin Peterson of Minnesota, 
                              spent about ten minutes yesterday with 
                              Mike Adams on the radio talk 
                              show, Agritalk.  Our friend, Keith 
                              Good, who runs the Farm Policy blog 
                              summarized the conversation very well- click here to read his full 
                              piece- but here are a couple of the high 
                              points-   Peterson 
                              says "on balance the Senate did a pretty good job 
                              with the farm bill."   Peterson 
                              says that he gives high marks to Frank 
                              Lucas on how things are going in the 
                              House Ag Committee.   When 
                              July 11 arrives and the House Ag Committee marks 
                              up their version of a farm bill- it will be done 
                              in one day.   Peterson 
                              admits he is nervous about getting a farm bill 
                              done with the House Ag Committee mark up backed up 
                              to after the Fourth of July- but he sees a pathway 
                              to get it done- he says the House Ag Committee 
                              will do their work- and it will be up to the House 
                              Leaders in the GOP to allow floor time to get it 
                              to conference with the Senate. Peterson says there 
                              will be consequences if House leaders block the 
                              bill- "If they screw this up, I think they're 
                              going to pay the price in farm country in the 
                              election."     |  |  
                      | 
                          
                          
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