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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: mornings 
                        with cash and futures reviewed- includes where the Cash 
                        Cattle market stands, the latest Feeder Cattle Markets 
                        Etc.       Each 
                        afternoon we are posting a recap of that day's markets 
                        as analyzed by Justin Lewis of KIS 
                        futures - click here  for the report 
                        posted yesterday afternoon around 3:30 PM.   Okla 
                        Cash Grain:      Futures 
                        Wrap:      Feeder 
                        Cattle Recap:      Slaughter 
                        Cattle Recap:     TCFA 
                        Feedlot Recap:      
 
 
                           Our Oklahoma Farm Report 
                        Team!!!!    Ron Hays, Senior Editor and 
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                            | Oklahoma's 
                              Latest Farm and Ranch News
 Presented 
                              by
   
                                Your 
                              Update from Ron Hays of RON  
                                Wednesday, 
                              February 3, 
                            2016 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
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                      | 
                          
                          
                            |  Featured 
                              Story:Tool 
                              Available to Help Wheat Producers Make First 
                              Hollow Stem Decision   
 With 
                              February already here, we are getting closer to 
                              that "window" of time when wheat producers who 
                              have cattle grazing their wheat fields need to 
                              decide if they are going to graze out or go for 
                              grain harvest.  Wheat producers in Oklahoma 
                              have historically circled March 15 on their 
                              calendars to remember to pull cattle from the 
                              fields. Waiting much longer than that would result 
                              in a drastic decrease in yield. And, many years, 
                              mid March may be too late in pulling those cattle 
                              from wheat fields destined to see a combine in 
                              them come June. Research has shown that 
                              First Hollow Stem, a particular growth stage in 
                              winter wheat, is the optimal time to pull cattle 
                              off wheat to prevent yield loss. Using Mesonet 
                              weather and soil data, as well as FHS observations 
                              from 1995-2012, researchers at Oklahoma State 
                              University have developed a tool for producers to 
                              consult when deciding how long to leave cattle on 
                              their wheat fields. "Grazing too long 
                              will reduce wheat yields, but removing cattle too 
                              early will reduce the profit potential of the 
                              stocker cattle enterprise," said Dr. Jeff 
                              Edwards , Head of the Plant and Soil 
                              Science Department at OSU. "Finding the correct 
                              balance between these two factors has been the 
                              subject of investigation for 
                              decades."Available here  on the 
                              Mesonet website, the FHS Advisor is located in the 
                              Agriculture section, under both the "Crop/Wheat" 
                              and "Livestock/Cattle" tabs. A guide on how to use 
                              the Advisor is located in the "Learn More" section 
                              of the website. If we get mild 
                              temperatures in the next few weeks, wheat will 
                              start growing and will be edging close to that 
                              First Hollow Stem stage of development. Click here to read 
                              more  about the First Hollow Stem calculator on 
                              the Oklahoma Mesonet- and prepare to check your 
                              fields to pull those cattle on a timely basis. 
                                |  
                          
                          
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                            |  Senator 
                              Cruz Victory in Iowa Does Not Mean Ethanol 
                              Industry on its "Last 
                              Legs"
 Monday 
                              night's win of the Iowa caucuses by Sen. 
                              Ted Cruz  (R-Texas) has spawned a 
                              narrative that presidential candidates campaigning 
                              in the state no longer have to express support for 
                              the domestic ethanol industry or the 
                              Renewable Fuel Standard  (RFS). 
                              Renewable Fuels Association  
                              President and CEO Bob Dinneen  
                              issued the following statement pushing back 
                              against that narrative by disputing the notion 
                              that ethanol is no longer an important factor in 
                              determining who is chosen as the victor in 
                              Iowa. "The narrative coming out after 
                              last night's Iowa caucus that the domestic ethanol 
                              industry is somehow on the ropes is false," said 
                              Dinneen. "Many people seem to have forgotten that, 
                              in the run-up to last night's caucus vote, though 
                              Sen. Cruz stated he was opposed to the RFS he also 
                              expressed support for ethanol as a fuel. In fact 
                              the senator has discussed the need to provide 
                              American consumers better access to ethanol fuels 
                              like E25 or E30, stating that they could prove to 
                              be quite popular with American consumers who are 
                              increasingly concerned about fuel economy. The 
                              senator also called ethanol an effective additive 
                              because it increases octane and decreases harmful 
                              tailpipe emissions. That doesn't sound like 
                              someone to me who is writing off the domestic 
                              ethanol industry. That sounds to me like someone 
                              who is just being true to his no-mandates of any 
                              kind philosophy. "Moreover, pundits 
                              anxious to write off ethanol's potential currency 
                              in Iowa should note that more than 85 percent of 
                              the votes cast in Iowa last night were in support 
                              of candidates who continue to champion the 
                              RFS." The advocacy group America's 
                              Renewable Future also is spinning after the vote 
                              in Iowa- and they are offering a similar story to 
                              the Bob Dinneen statement- click here to read their 
                              comments  in the aftermath of the Iowa vote. 
                              
 ONE 
                              OTHER POST IOWA OBSERVATION- Do not 
                              expect agriculture to be prominent from this point 
                              forward in the Presidential Primary process- it 
                              will be mentioned in passing, if at all, in the 
                              days to 
                        come.
 
 
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                            |  CattleFax's 
                              Randy Blach Explains the Market Volatility of 2015
 It's 
                              easy to forget here in the early days of 2016 that 
                              cattle prices were much higher in the first few 
                              months of 2015, before tumbling during the second 
                              half of this past year. The CEO of Cattlefax, 
                              Randy Blach, reminded me in a 
                              conversation that we had in San Diego that the 
                              year 2015, at least when it comes to the cattle 
                              market, was two different stories. 
                              
 
 Blach said there was the fed cattle 
                              market that averaged $160 in the first half of 
                              2015 and then fed prices averaged $135 in the 
                              second half of the year.   In 
                              looking at the nearly $25 hundred weight move in 
                              average prices through the year, he said there was 
                              a lot going on with the global economic slowdown, 
                              the drop in international beef demand and the 
                              strong U.S. dollar.
 
 
 "Bottom-line is we 
                              ended up with four and half billion more pounds of 
                              protein to absorb in the U.S. marketplace than we 
                              had one year ago," Blach said. "The single largest 
                              one year change in the history of our 
                              business."
 
 
 
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                            |  House 
                              Agriculture Committee Approves Budget Views and 
                              Estimates Letter
 The 
                              House Committee on Agriculture  
                              Tuesday sent its Budget Views and Estimates letter 
                              for fiscal year 2017 to the House Budget 
                              Committee.  In the letter, Committee 
                              members requested that the Budget Committee "give 
                              careful consideration to the significant 
                              contributions toward deficit reduction already 
                              made by the Committee on Agriculture, the 
                              substantial reforms these savings entailed, the 
                              troubled economic conditions facing farm country 
                              that are exacerbated by regulatory burdens and 
                              trade and tax uncertainties, as well as our 
                              Committee's work ahead, when determining from 
                              which congressional committees and mission areas 
                              any future budget savings should come." 
                               In the letter, Committee members also 
                              noted the "almost $5 billion that agricultural 
                              policies have been sequestered since fiscal year 
                              2013, accounting for a disproportionate 30 percent 
                              of the non-defense, non-Medicare mandatory 
                              sequester last year" and that "the 2014 Farm Bill 
                              reforms are achieving far greater savings than 
                              would have been realized had the status quo under 
                              the previous farm bill been 
                              maintained."Click here  for more 
                              information from the business meeting, including 
                              the archived webcast .
 |  
                          
                          
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 |  
                          
                          
                            |  Jennifer 
                              Houston Commends Beef Checkoff's Unique 
                              Partnership and Ability to Change With 
                              Times
 Jennifer 
                              Houston has worn multiple hats for the 
                              nation's beef producers. She has served as chair 
                              for the Federation of State Beef Councils, an 
                              organization that represents 42 of the state 
                              qualified beef councils. Each one of the state 
                              beef councils is doing checkoff work in their 
                              individual state with 50 cents from the $1 per 
                              head that collected from each animal that is sold. 
                              At the national level, the Federation of 
                              State Beef Councils and the Cattlemen's 
                              Beef Board form the operating committee to fund 
                              national projects. She calls this a unique 
                              partnership between the states and the national 
                              level of the nation's beef checkoff. 
                              
 
 "We as a federation want to provide 
                              again that state and national continuity that 
                              gives them a place to invest and a place to make 
                              their efforts be more effective," Houston 
                              said.
 
 
 One challenge the beef checkoff 
                              has faced has been the drop in available funding. 
                              The buying power of the beef checkoff has dwindled 
                              since its inception in 1986. Houston said 
                              initially the checkoff used a shotgun approach in 
                              buying adverting for radio, television and print 
                              to put the message out to as many people as 
                              possible. As checkoff funds have declined with a 
                              shrinking national cattle herd, the checkoff moved 
                              to a rifle approach. She said today the beef 
                              checkoff is using a laser approach to reach beef 
                              consumers through digital advertising 
                              efforts.
 
 
 I 
                              interviewed Houston at the Cattle Industry 
                              Convention last week in San Diego. Click or tap here  to 
                              listen to the full interview.  After our 
                              visit, Jennifer was nominated and will serve in a 
                              new role this coming year- the Chairman of the 
                              Policy Division of the NCBA- moving over from the 
                              Federation Division.
 |  
                          
                          
                            | Want to 
                              Have the Latest Energy News Delivered to Your 
                              Inbox Daily?   Award 
                              winning broadcast journalist Jerry 
                              Bohnen has spent years learning and 
                              understanding how to cover the energy business 
                              here in the southern plains- Click here to subscribe to his 
                              daily update of top Energy 
                          News. 
 |  
                          
                          
                            |  House 
                              Democrats Join Farm Bureau in Opposing School 
                              Consolidation, Property Tax Hikes
 Democrats 
                              in the Oklahoma House of 
                              Representatives announced Tuesday that 
                              they "stand with the Oklahoma Farm 
                              Bureau" on the issues of property taxes 
                              and rural school consolidation, and called on 
                              their Republican colleagues to join 
                              them.
 
 Farm Bureau President Tom 
                              Buchanan issued a statement in which he 
                              took exception to Governor Fallin's proposals to 
                              consolidate rural dependent schools and to allow 
                              building funds, which are derived from ad valorem 
                              taxes, to defray operational 
                              expenses.
 
 
 Using property 
                              taxes to pay operational expenses "would shift the 
                              tax burden for educational support from a state 
                              tax base to local property owners, such as 
                              Oklahoma farmers and ranchers," said House 
                              Minority Leader Scott Inman. And 
                              consolidating rural schools with larger 
                              independent schools "would spell the death of many 
                              small Oklahoma communities," the Del City Democrat 
                              said.
 
 
 "We urge House Republicans to 
                              publicly join us in this effort," Inman said. 
                              "This isn't a partisan political issue. This 
                              affects all taxpayers and property owners in 
                              Oklahoma."
 
 
 
 |  
                          
                          
                            |  This 
                              N That - Syngenta Bought by the Chinese,  
                              Big Iron Wednesday 
                              and the 
                              Power of Twitter 
 We 
                              are waking up to news this morning that Syngenta's 
                              Board has agreed  to a $43 billion takeover 
                              agreement with ChemChina. The board of 
                              directors of Syngenta considers that the proposed 
                              transaction respects the interests of all 
                              stakeholders and is unanimously recommending the 
                              offer to shareholders.  ChemChina 
                              reportedly offered a sweeter deal to Syngenta than 
                              Monsanto, by offering the $43 billion in cash. 
                              Monsanto offered a similar $43 billion takeover in 
                              August, but the proposal included cash and a 
                              portion of its own shares. Syngenta rejected 
                              Monsanto's repeated attempt at the displeasure of 
                              Syngenta's shareholders.  Syngenta's 
                              existing management will continue to run the 
                              company.  After closing, a 10 member board of 
                              directors will be chaired by Ren Jianxin, chairman 
                              of ChemChina, and will include four of the 
                              existing Syngenta board members.  ChemChina 
                              is committed to maintaining the highest governance 
                              standards with a view to an IPO of the business in 
                              the years to come. Feedstuffs has details 
                              in a story this am- click here  to take a 
                              look.
 
                              ************It's Wednesday- and 
                              that means the Big 
                              Iron folks will be busy closing out 
                              this week's auction items - all 272 items 
                              consigned.  Bidding will start at 10 AM 
                              central 
                              time.
 
                              
                              
                              
                              
                              
                              Click Here for the complete 
                              rundown of what is being sold on this no reserve 
                              online sale this 
                              week.
 
                              
                              If you'd like more information on 
                              buying and selling with Big Iron, call District 
                              Manager Mike Wolfe at 
                              580-320-2718 and he can give you the full 
                              scoop.  You can also reach Mike via email by 
                              clicking or tapping 
                              here. Social 
                              media continues to be a part of our strategy of 
                              reaching out to the farm and ranch community and 
                              beyond with the latest agricultural information 
                              that you need to know.  I was reminded over 
                              this past weekend how quickly and widely a medium 
                              like Twitter can spread information.  On 
                              Saturday, we were flying home from San Diego- I 
                              was looking at some of the latest Tweets of the 
                              morning and saw the story breaking of a major fire 
                              at the Bluegrass Stockyards in Lexington, 
                              Ky.   I mentioned Monday in the email 
                              that I had ties back to that market, as it was one 
                              of two in that city that my Dad and I used to sell 
                              livestock- hogs and cattle. At one time, it was 
                              one of the largest weekly cattle auctions east of 
                              the Mississippi.  Well, we posted a Tweet about the fire  
                              and the fact that it was a significant loss as a 
                              cattle market- and that tweet caught fire 
                              itself.  As of this morning, it has been 
                              retweeted around the country and beyond 116 times 
                              and I have engaged in several conversations with 
                              folks about the fire and the market.  I 
                              enjoy Twitter- it helps us offer an ongoing flow 
                              of ag information that we have for folks- and it's 
                              a great place to keep tabs on what is going on- in 
                              agriculture, politics, sports and life. You can follow me on Twitter - and 
                              join the fun- our Twitter handle is 
                              Ron_on_RON.  
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