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                      | 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.     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 $12.87 per bushel at the Northern 
                        Ag elevator in Yukon as of the close of business 
                        Tuesday.   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.   |  | 
                    
                    
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                            | Oklahoma's 
                              Latest Farm and Ranch News  
                                Your 
                              Update from Ron Hays of RON    
                              Thursday, 
                              July 5, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  USDA 
                              to Expand Testing for Drug Residues in 
                              Meat  The 
                              U.S. Department of Agriculture's Food Safety and 
                              Inspection Service (FSIS) announced on Monday July 
                              second new steps to safeguard the food supply and 
                              to protect consumers nationwide. Later this 
                              summer, the Department will launch a new approach 
                              to its testing to protect the public from exposure 
                              to harmful levels of chemical residues in meat, 
                              poultry, and egg products. 
 "The new 
                              testing methods being announced today will help 
                              protect consumers from illegal drug residues in 
                              meat products," USDA Under Secretary for Food 
                              Safety Dr. Elisabeth Hagen said. 
                              "By allowing us to test for more chemical 
                              compounds from each sample, these changes will 
                              enable USDA to identify and evaluate illegal drug 
                              residues more effectively and efficiently."
 
 Through its National Residue Program 
                              (NRP), FSIS tests for the presence of chemical 
                              compounds, including approved (legal) and 
                              unapproved (illegal) veterinary drugs, pesticides, 
                              hormones, and environmental contaminants that may 
                              appear in meat, poultry, and egg products. The 
                              new, modern, high-efficiency methods that FSIS is 
                              announcing today will conserve resources and 
                              provide useful and reliable results while enabling 
                              the Agency to analyze each sample for more 
                              chemical compounds than previously 
                              possible.
   Click here to read more about the 
                              USDA's expanded testing program.   |  
                          
                          
                            | Sponsor 
                              Spotlight   We are pleased to 
                              have American Farmers & Ranchers 
                              Mutual Insurance Company as a 
                              regular sponsor of our daily update. On both 
                              the state and national levels, full-time staff 
                              members serve as a "watchdog" for family 
                              agriculture producers, mutual insurance company 
                              members and life company members. Click here to go to their AFR 
                              website to learn more about 
                              their efforts to serve rural 
                              America!      We 
                              welcome Winfield Solutions and 
                              CROPLAN by Winfield 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 lineup for winter 
                              canola.    |  
                          
                          
                            |  Canola 
                              TV--Matching Canola Variety Decisions to 
                              Conditions Maximizes 
                              Potential  Planning 
                              is in full swing for next year's winter canola 
                              crop and Justin Stejskal of 
                              Croplan says demand is growing for four 
                              Roundup-ready varieties his company offers. He 
                              tells us in the latest edition of Canola TV that 
                              early maturity seems to be a major consideration 
                              for many producers.
 "High Class 110W is the 
                              earliest-maturing variety we have. It's a great 
                              fit for a guy who wants to plant a lot of acres 
                              out there and wants to get the quickest maturity 
                              so he can get started harvesting on something 
                              else."
 
 For those concerned we may be 
                              heading into another drought, Stejskal recommends 
                              115W.
 
 "One-fifteen is an SU-tolerant 
                              variety. I feel it is our most stress-tolerant 
                              variety we have out there. We've planted 115 in a 
                              lot of different situations and it's been a very 
                              good, consistent performer across the board in 
                              those situations. We also had very, very good 
                              results in Dr. Arnauld's pH study he did last 
                              winter."
 
 You can catch Justin Stejskal on 
                              Canola TV by clicking here.
   |  
                          
                          
                            |  Feeder 
                              Cattle Prices Crater- The Question is Why?  Why 
                              have feeder cattle prices been steadily heading 
                              lower over the last several weeks? USDA market 
                              news reporter Ed Czerwein in 
                              Amarillo, Texas has responsibility for writing up 
                              the market report for the Superior Video Livestock 
                              auction- and he offered a detailed set of reasons 
                              why feeder cattle have struggled since late May. 
                              Here is his commentary as released on July 2nd on 
                              why the bubble has burst on the feeder cattle 
                              trade:
 "Compared to the last sale Feeder 
                              steers and heifers prices for current, summer, and 
                              fall delivery were generally $6.00-$12.00 lower 
                              following the significant and steady decline on 
                              the CME that occurred in the past couple of weeks. 
                              All types of feeder cattle markets experienced 
                              this massive decline led by liquidation in the 
                              CME. Regional auctions and direct ranch to feedlot 
                              trades have also been down from $3.00-$8.00 each 
                              week for consecutive weeks of losses during the 
                              month of June. The unfortunate situation for the 
                              video auction is that all of the accumulated 
                              losses since the previous auction three weeks ago 
                              show up at one time, while the area auctions have 
                              posted the same losses just that they have been 
                              split up over several weeks. The nearby month for 
                              the CME Feeder Cattle option had reached its peak 
                              and closed at $161.15 early in June then fell to a 
                              $147.70 close on Tuesday during the Video auction 
                              putting tremendous pressure on all feeder cattle 
                              markets in all regions."
 
 Click here for more of Ed Czerwein's 
                              analysis of the bursting bubble in feeder cattle 
                              markets.
   |  
                          
                          
                            |  Repercussions 
                              of the 2011 Drought Continue, Worsen With 
                              Decreasing Rainfall  In 
                              the July issue of the Samuel Roberts Noble 
                              Foundation newsletter, Chuck 
                              Coffey warns cattle producers that we 
                              haven't fully recovered from the 2011 drought as 
                              2012 is now turning out dry as well.
 I 
                              don't like talking about the "D-word," but the 
                              effects of the 2011 drought will be felt for years 
                              to come throughout the Southern Great Plains and 
                              the Southwest due to its severity. Limited 
                              rainfall and record heat forced the liquidation of 
                              livestock, the likes of which most of us have 
                              never seen in our lifetimes. Only the most astute 
                              land managers will recover quickly, while the 
                              majority will experience lasting effects. It may 
                              take as many as three to five years for some to 
                              fully recover and that is only if we see good 
                              years along the way.
 
 On May 24, 2012, Gary 
                              McManus, associate state climatologist with the 
                              Oklahoma Climatological Survey said we were 
                              experiencing a "flash drought." Warm temperatures, 
                              limited precipitation, windy days and a tremendous 
                              flush of cool-season annuals worked together to 
                              rapidly remove most of the stored moisture from 
                              the soil. This combination does not bode well for 
                              the months to come. Looking at rainfall for May, 
                              south-central Oklahoma was 48 percent of normal, 
                              while the state as a whole was only 34 percent of 
                              normal. May 2012 was the fourth driest on record. 
                              Consequently, much of the state is designated as 
                              abnormally dry, which could rapidly worsen to 
                              moderate or severe drought if the trend continues. 
                              Figure 1 shows the percentage of normal rainfall 
                              Oklahoma received in May.
 
 To read more of Chuck Coffey's 
                              suggestions for preparing for a continuing 
                              drought, please click here.
    |  
                          
                          
                            |  Nitrate 
                              Concentration in Sorghum Forages Not Affected by 
                              Time of Day During Harvest, Selk Says  Does 
                              changing the time of day one cuts forage sorghum 
                              change the nitrate content in the forage? 
                              Glenn Selk, Oklahoma State 
                              University Extension animal scientist emeritus 
                              tackles that question in the latest Cow-Calf 
                              Newsletter. 
 Summer annuals are often used 
                              by cattle producers for summer grazing or 
                              harvested for hay. Plants such as Sorghum-Sudan 
                              hybrids, Sorgo-Sudan hybrids, Sudan-Sudan hybrids, 
                              and millets, all fall in this category. These 
                              summer crops can be very productive and high 
                              quality, but can also accumulate toxic levels of 
                              nitrate when stressed. The heat and dry weather of 
                              the past two weeks has caused many of these plants 
                              to become very 
                              stressed.
 
 Based on the 
                              assumption that the plant continues soil nitrate 
                              uptake during nighttime hours, followed by 
                              accelerated conversion of the nitrate to protein 
                              during daylight hours, previous recommendations 
                              have been to wait until afternoon to cut forage 
                              sorghum for hay if anticipated nitrate levels are 
                              marginally high.
 
 To 
                              evaluate the significance of the change in nitrate 
                              concentration in forage sorghums during the day, 
                              Oklahoma State University Extension Educators 
                              collected samples at two hour intervals from 8 AM 
                              to 6 PM. Five cooperator's fields ("farm") were 
                              divided into quadrants. Three random samples, 
                              consisting of ten stems each, were taken from each 
                              quadrant at the specified interval. The samples 
                              were analyzed at the Oklahoma State University 
                              Soil, Water, and Forage Analytical Laboratory to 
                              determine the level of nitrates, in parts per 
                              million (ppm).
      You can find more information from 
                              this study by clicking here.   |  
                          
                          
                            |  Oklahoman 
                              Brings Fresh Perspective as New President of 
                              Livestock Marketing Association  The 
                              Livestock Marketing Association (LMA) is pleased 
                              to announce Tim Starks as 
                              President for the 2012-2014 term. Unlike many past 
                              presidents, Starks did not grow up in the 
                              livestock auction marketing business. Starks grew 
                              up on a farm and ranch operation near Cherokee, 
                              Okla., where for 30 years he was a customer of the 
                              local auction markets. 
 After graduating 
                              from Oklahoma State University (OSU) with a degree 
                              in agricultural economics in 1989, he pursued a 
                              degree in veterinary medicine, which he received 
                              from OSU in 1992.
 
 Following graduation, 
                              Starks return home and purchased a veterinary 
                              practice next to the local livestock market in 
                              Cherokee. He and his wife, Jennifer, began a 
                              family and raised two children of their own, 
                              Garrett and Macy. Over the years, they have been 
                              foster parents to numerous children, and recently 
                              adopted an eighteen-month-old boy.
 
 Click here for more of the story on 
                              Tim Starks, LMA's new president.
   |  
                          
                          
                            |  As 
                              They Prepare for their 60th Convention- We Welcome 
                              the Oklahoma Cattlemen's Association to Our Email 
                              Sponsor Family!    We 
                              are very pleased to welcome this first week of 
                              July our newest Email supporter- the 
                              Oklahoma Cattlemen's 
                              Association.  The OCA is proud to be 
                              the corporate "voice' of Oklahoma cattle 
                              producers- and if you are not already a member of 
                              the OCA- we invite you to check out their website 
                              and learn more about this organization that has as 
                              one of it's primary goals "EDUCATE our members on 
                              current rules and regulations, as well as the 
                              latest developments in research and production 
                              techniques to maximize profitability."  Click here to learn more about 
                              advantages of aligning your cattle operation with 
                              this great organization!     Even 
                              as we hook up with the OCA- their staff and 
                              leadership are very busy getting ready for the 
                              60th Annual Convention and Trade Show of the 
                              organization that will include not just meetings 
                              for the OCA, but also for the Oklahoma Cattlewomen 
                              and the Oklahoma Junior Cattlemen's Association. 
                              They will be meeting once again at the Reed Center 
                              in Midwest City- this year's dates are July 26-28, 
                              2012.  Among their always great lineup of 
                              speakers will be the brand new OSU Animal Science 
                              Department Head Dr.Clint Rusk, as 
                              well as brand new OSU Extension Beef Cattle 
                              Specialist Dr. Megan Rolf.  
                              You can learn more about their convention and how 
                              you can register to be there later this month by 
                              clicking here.    Thanks 
                              OCA- we are delighted to have you on board as a 
                              Email Supporter!     |  |  
                      | 
                          
                          
                            |     God Bless! 
                              You can reach us at the following: 
                                  phone: 405-473-6144
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