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                        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 $12.69 per bushel at the Northern 
                        Ag Elevator in Yukon-  2012 
                        New Crop contracts for Canola are now available at 
                        $12.69 per bushel- delivered to local 
                        participating elevators that are working with PCOM.   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    
                              Tuesday, 
                              May 15, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            |  Featured 
                              Story:Rain 
                              Slows Early Oklahoma Wheat Harvest, Crop Still in 
                              Good Shape    An 
                              early wheat harvest was progressing mid-week, but 
                              rain over the weekend stopped the combines in 
                              southwestern Oklahoma. An early canola harvest was 
                              also underway.   Conditions 
                              continued to be rated mostly good for all small 
                              grains. A small portion of wheat and rye had been 
                              harvested by the end of the week. Eighty percent 
                              of wheat heading was in 
                              soft dough stage of development, 44 points ahead 
                              of the five-year average.   The 
                              canola crop was 84 
                              percent mature by Sunday, and 12 percent was 
                              harvested by week's end.   Fifty-five 
                              percent of the wheat crop was in good condition, 
                              21 percent was excellent, 19 percent was listed in 
                              fair condition, and only five percent was poor or 
                              very poor.   Canola 
                              finished the week in similar good shape with 50 
                              percent listed as good, 24 percent was excellent, 
                              22 percent was fair, and only four percent was in 
                              poor or very poor shape.   Click here for the complete Oklahoma 
                              Crop Weather Update, as released by the NASS 
                              folks in Oklahoma City.    The 
                              Texas 39 percent of the wheat crop was in poor or 
                              very poor condition, 27 percent was fair, 26 
                              percent was listed as good and only eight percent 
                              was reported as excellent.   In 
                              Kansas 41 percent of the winter wheat crop looked 
                              good, 32 percent was fair, 16 was poor or very 
                              poor, and 11 percent was 
                              excellent.     |  
                          
                          
                            | Sponsor 
                              Spotlight   It is great to have as a regular 
                              sponsor on our daily 
                              email Johnston 
                              Enterprises- proud to be serving 
                              agriculture across Oklahoma and around the world 
                              since 1893. Service was the foundation upon 
                              which W. B. Johnston established the company. And 
                              through five generations of the Johnston family, 
                              that enduring service has maintained the growth 
                              and stability of Oklahoma's largest and oldest 
                              independent grain and seed dealer. Click here for their website, 
                              where you can learn more about their seed and 
                              grain businesses.     Midwest Farm 
                              Shows is our longest running sponsor 
                              of the daily farm and ranch email- and they are 
                              busy getting ready forwant 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.
   |  
                          
                          
                            |  National 
                              Crop Progress Outstripping Historical 
                              Averages  Crop 
                              progress continues to gallop along, well ahead of 
                              last year and the five-year average, according to 
                              USDA's weekly report.
 Corn is 87% planted 
                              and 56% emerged, compared to 56% and 16% last year 
                              and 66% and 28% averages, respectively. The 
                              planting figure was in line with pre-report 
                              expectations, according to DTN Analyst John Sanow.
 
 "The big five Illinois (95% vs. 65%), 
                              Indiana (93% vs. 53%), Iowa (90% vs. 79%), 
                              Minnesota (88% vs. 70%) and Nebraska (91% vs. 71%) 
                              are all running well ahead of the average pace, 
                              and should be all but wrapped up next week at this 
                              time," Sanow said. "The fast pace of planting and 
                              emergence coupled with a mostly benign weather 
                              pattern should be considered 
                              bearish."
 
 Soybean progress is also moving 
                              along at a rapid clip. Forty-six percent of the 
                              crop is planted, compared to 17% last year and a 
                              24% average. Pre-report expectations were for 50% 
                              of the crop to be planted, Sanow said. Sixteen 
                              percent of the nation's soybeans are emerged, 
                              compared to 3% last year and a 5% 
                              average.
 
 "This report should be considered 
                              bearish, particularly with corn planting nearing 
                              the finish line, allowing producers to focus 
                              almost strictly on bean planting," Sanow 
                              said.
 
 Click here for more on this week's 
                              Crop Progress Report, including a link to the ful 
                              report.
   |  
                          
                          
                            |  OSU's 
                              Derrell Peel Advises Short Run Adjustments to 
                              Changing Cattle Market Conditions  In 
                              this week's Cow/Calf Newsletter, Oklahoma State 
                              University Extension Livestock Extenstion 
                              Marketing Specialist Derrell 
                              Peel, examines making optimal decisions 
                              for maximizing profits in fluctuating market 
                              conditions.
 Economic principles provide 
                              guidance on how cattle producers should adjust 
                              production in response to wildly fluctuating 
                              output and input values. Most production decisions 
                              are issues of allocating resources and revolve 
                              around the following questions: What to produce? 
                              How much to produce? How to produce it? Though the 
                              question of what to produce and the general 
                              production system that determines how to produce 
                              may be largely fixed in the short run, changing 
                              market values for outputs and inputs mean that 
                              adjustments are necessary to maximize profits.
 
 Taking the decision about what to produce 
                              as a given in the short run, the question of how 
                              much to produce depends on the value of the 
                              output. Most production processes are subject to 
                              diminishing returns, which mean that at some point 
                              additional inputs will result in less additional 
                              output than before. This means, for example, that 
                              cow-calf producers need to determine the optimal 
                              weaning weight of calves (or better yet, the 
                              optimal number of pounds of calf produced per cow 
                              exposed to bulls), which may not be the same as 
                              the maximum level of production. An obvious 
                              example is using creep feed to increase weaning 
                              weight. The question is whether the additional 
                              pounds are worth more than the cost of the creep 
                              feed. The same is true for genetics, nutrition, 
                              and health inputs. This principle also implies 
                              than when the value of the output increases, the 
                              optimal level of production also increases, all 
                              else being equal, and vice versa for decreased 
                              output value.
   You can read more from Derrell Peel 
                              by clicking here.    |  
                          
                          
                            |  President 
                              Issues Proclamation On 150th Anniversary of USDA's 
                              Creation  President 
                              Barack Obama issued a 
                              proclamation recognizing the 150th anniversary of 
                              the creation of the United States Department of 
                              Agriculture.
 On May 15, 1862, President 
                              Abraham Lincoln signed legislation to create the 
                              U.S. Department of Agriculture. Two and one-half 
                              years after establishing the Department, in what 
                              would be his final annual message to the Congress, 
                              Lincoln called USDA "The People's Department."
 
 At that time, about half of all Americans 
                              lived on farms, compared with about 2 percent 
                              today. But through our work on food, agriculture, 
                              economic development, science, natural resource 
                              conservation and a host of issues, USDA still 
                              fulfills Lincoln's vision - touching the lives of 
                              every American, every day.
 
 President 
                              Obama's proclamation highlighted the service of 
                              USDA employees.
   "As 
                              we commemorate this historic milestone, we pay 
                              tribute to the men and women of USDA, past and 
                              present, who have faithfully served our Nation for 
                              150 years. For their commitment, our fields grow 
                              richer, our abundance grows greater, and our 
                              country stands stronger."   You can read the President's full 
                              proclamation by clicking here.    |  
                          
                          
                            |  Firewise 
                              Communities Put Oklahoma In Top Ten Nationwide  Twenty 
                              communities were recognized May 10 at the 2nd 
                              Annual "Firewise at the Crossroads" Conference in 
                              Norman. Representatives from the following 
                              communities received placards designating them as 
                              Firewise Communities: Antlers, Blair, Canute, 
                              Cashion, Clinton, Colbert, Daisy, Dillard, Dover, 
                              Falconhead, Harmony, Hennessey, Hitchcock, 
                              Hochatown, Hollis, Iowa Tribe, Kingfisher, Mangum, 
                              Roberta and Willis-Powell.
 The national 
                              Firewise Communities/USA program is a multi-agency 
                              effort designed to reach beyond the fire service 
                              by involving homeowners, community leaders, 
                              planners, developers and others in the effort to 
                              protect people, property and natural resources 
                              from the risk of wildland fire before a fire 
                              starts.
 
 Oklahoma Forestry Services, a 
                              division of the Oklahoma Department of 
                              Agriculture, Food and Forestry, coordinates the 
                              program in Oklahoma and was recently notified by 
                              the Firewise Communities/USA Program that Oklahoma 
                              is now in the "Top 10" nationwide for its number 
                              of Firewise Communities.
 
 Click here for more on the Firewise 
                              Communities program.
   |  
                          
                          
                            |  Choice 
                              Boxed Beef Prices Slide, Finished Cattle Mostly 
                              Steady Last Week - Audio with Ed 
                              Czerwien  In 
                              this week's beef report, Ed 
                              Czerwien of the USDA Market News Office 
                              in Amarillo, Texas, says we saw the choice cut 
                              market end the week at $189.10 /cwt last Friday 
                              which was a little over $1.00 lower than the 
                              previous week and about $2.50 lower than the 
                              midweek high. Howerver, trimmings lost neartly 
                              $24.00 over the previous ten days. 
 The 
                              general trend in the finished cattle trade was 
                              steady to $2.00 lower than the previous week with 
                              live sales mostly at $120.00 cwt in Texas and 
                              Kansas.
    Dressed 
                              sales were at $192.00 to$194.00 cwt.
 The 
                              average live weight from the Texas Panhandle was 
                              1,227, one pound lower from the previous 
                              week.
 
 Ed Czerwien's complete weekly audio 
                              report is available by clicking 
here.
   |  
                          
                          
                            |  Lucas 
                              and Peterson Reminded of Importance of Crop 
                              Insurance    As 
                              the House Agriculture Committee continues farm 
                              bill hearings this week, a dozen farm groups sent 
                              a letter on Monday to House Ag Chairman 
                              Frank Lucas and Ranking Member 
                              Collin Peterson on the importance 
                              of crop insurance. 
 
 "Federal crop 
                              insurance provides an effective risk management 
                              tool to farmers and ranchers when they are facing 
                              losses beyond their control," the letter stated. 
                              "It reduces taxpayer risk exposure; it makes 
                              hedging possible to help mitigate market 
                              volatility; and it provides lenders with greater 
                              certainty that loans made to producers will be 
                              repaid."
 
 Most of the commodity groups that 
                              represent crops that are considered "program 
                              crops" were a part of this letter- except for 
                              those who represent rice and peanut growers.  
                              The two major general farm groups, American Farm 
                              Bureau and the National Farmers Union, did add 
                              their signatures to this letter.
   Click here for our story online- 
                              including the full text of this letter sent on 
                              Monday.     |  
                          
                          
                            |  This 
                              N That- Stewart Doan Remembered, Okies in Israel 
                              and Canola Harvest Update
 As Chairman of the House Ag 
                              Committee, Oklahoma Congressman Frank 
                              Lucas works with not just the media here 
                              in the state- but has dealt with and has gotten to 
                              know the national agricultural media players as 
                              well. One of those players who has worked with 
                              Lucas and his staff closely during the time Lucas 
                              has been Chair is our friend Stewart 
                              Doan, who passed away this past 
                              Thursday.  Congressman Lucas offered a few 
                              words about
 
 Stewart- 
                              "Along with the rest of the agriculture community, 
                              I was saddened to learn of the sudden passing of 
                              our friend, Stewart Doan.  Beyond being a 
                              talented journalist and broadcaster, Stewart was 
                              just a quality person.  "His 
                              passing is a tremendous loss to all of us who 
                              appreciated and respected his fair storytelling 
                              and analysis.  His brand of reporting on farm 
                              policy and his role in our community will be 
                              missed."  We will be heading over to Little 
                              Rock today to a be part of the Memorial services 
                              for Stewart that are planned this afternoon.   We 
                              have several Oklahoma agricultural leaders that 
                              are in Israel this week- including Mike 
                              Spradling, President of the Oklahoma Farm 
                              Bureau- who posted a not early this morning on his 
                              Facebook page- "Shalom, arrived in Tel Aviv, 
                              Israel yesterday to attend an Agritech Conference 
                              where some of the worlds most advanced agriculture 
                              technology will be on display. Will have a chance 
                              over this ten day trip to see it in use as we 
                              travel through this country seeing how the farmers 
                              carve out a living and feed their people in a 
                              desert type landscape. It's all about WATER and 
                              how we manage it in a arid climate." 
                                  Finally, 
                              from the world of Twitter-expect wheat and canola 
                              harvest to be rolling in the Walters area again 
                              today- that the word from Jimmy 
                              Kinder of Walters- meanwhile,  
                              OSU Oilseed Specialist Chad 
                              Godsey checks in and says late Monday 
                              afternoon they "just finished harvesting Ft. Cobb 
                              winter canola performance trial.  A Few 
                              individual small plots were in excess of 4000 
                              pounds per acre! Test weights were high as well- 
                              according to the word from Chad. 
                                
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