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                        weekdays- if you missed this morning's Farm News - or 
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                        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 $12.14 per bushel at the Northern 
                        Ag elevator in Yukon.   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 
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                            | Oklahoma's 
                              Latest Farm and Ranch News  
                                Your 
                              Update from Ron Hays of RON    
                              Friday, 
                              June 8, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  Senate 
                              Votes Overwhelmingly to Move 2012 Farm Bill to the 
                              Floor for 
                              Consideration  The 
                              U.S. Senate cleared a procedural hurdle and voted 
                              to proceed to consideration of the Agriculture 
                              Reform, Food and Jobs Act of 2012 on a vote of 
                              90-8. Senator Debbie Stabenow, 
                              Chairwoman of the U.S. Senate Committee on 
                              Agriculture, Nutrition and Forestry, and Senator 
                              Pat Roberts, the Committee's 
                              Ranking Member, co-authored the bipartisan reform 
                              bill and will manage consideration of the bill on 
                              the Senate floor.    "This 
                              bill represents commonsense and responsible 
                              reforms that will save taxpayers tens of billions 
                              of dollars while strengthening key initiatives 
                              that will allow our economy to continue growing 
                              and creating jobs," Stabenow said. "This bill has 
                              garnered widespread praise from hundreds of farm, 
                              food and conservation organizations for its common 
                              sense reforms, deficit reduction, and investments 
                              in our economic future."    News 
                              of the bill's move to the Senate floor was hailed 
                              by farm groups, including the National Corn 
                              Growers Association.   NCGA 
                              President Garry Niemeyer 
                              said, "The overwhelmingly 
                              positive vote on the floor reaffirms that Senators 
                              understand the importance of passing the 2012 Farm 
                              Bill this year.  "The 
                              2012 Farm Bill creates the reforms needed to not 
                              only reduce the federal deficit but ensure a 
                              positive beginning for the next generation of 
                              America's farmers. We thank the Senate for their 
                              support and urge debate to begin quickly."
   Click here for more on 
                              the bill's move to the Senate floor, and a 
                              link to a summary of the bill 
                              itself.     You can read Garry Niemeyer's full 
                              statement by clicking 
                              here.      |  
                          
                          
                            | Sponsor 
                              Spotlight     We 
                              are also excited to have as one of our sponsors 
                              for the daily email Producers Cooperative 
                              Oil Mill, with 64 years of progress 
                              through producer ownership. Call Brandon Winters 
                              at 405-232-7555 for more information on the 
                              oilseed crops they handle, including sunflowers 
                              and canola- and remember they post closing market 
                              prices for canola and sunflowers on 
                              the PCOM website- go there by clicking 
                              here.      We 
                              are proud to have KIS 
                              Futures as 
                              a regular sponsor of our daily email update. KIS 
                              Futures provides Oklahoma Farmers & Ranchers 
                              with futures & options hedging services in the 
                              livestock and grain markets- Click here for the free market quote 
                              page they 
                              provide us for our website or call them at 
                              1-800-256-2555- and their iPhone App, which 
                              provides all electronic futures quotes is 
                              available at the App Store- click here for the KIS 
                              Futures App for your iPhone.      |  
                          
                          
                            |  Obama 
                              Administration Supports Senate Passage of 2012 
                              Farm Bill  In 
                              a press release issued by the White House, the 
                              Obama administration indicated its support for 
                              swift action on the new farm bill:   The 
                              Administration supports Senate passage of S. 3240, 
                              the Agriculture Reform, Food, and Jobs Act of 
                              2012, and looks forward to working with the 
                              Congress to address the important concerns 
                              described below prior to final passage.
 The 
                              Administration greatly appreciates the Senate's 
                              bipartisan efforts to enact a farm bill. With 
                              authorization for farm- and food-related programs 
                              set to expire this year, it is critical that the 
                              Congress pass legislation that provides certainty 
                              for rural America and includes needed reforms and 
                              savings. The new farm bill should promote rural 
                              development, preserve a farm safety net, maintain 
                              strong nutrition programs, enhance conservation, 
                              honor our World Trade Organization commitments, 
                              and advance agricultural research. In light of the 
                              Nation's long-term fiscal challenge, the 
                              legislation should also contribute significantly 
                              to deficit reduction.
 
 The 
                              Agriculture Reform, Food, and Jobs Act of 2012, S. 
                              3240, makes meaningful progress toward the 
                              Administration's goals. Notable reforms include 
                              eliminating the direct payment system; tightening 
                              payment and eligibility requirements; 
                              strengthening access to healthy, affordable food; 
                              protecting emergency food aid programs and 
                              authorities; and increasing flexibility in the 
                              delivery of international food aid.
   Click here to read more about the 
                              administration's position on the farm 
                              bill.    |  
                          
                          
                            |  Wheat 
                              Harvest Slows With Rain and Mild Temps- Plains 
                              Grains Calls Oklahoma 81% Complete    According 
                              to Plains Grains, Incorporated, 
                              the 2012 Hard Red Winter wheat harvest continues 
                              to roll despite rain across a wide area of the 
                              southern and central Great Plains over the past 
                              several days. Temperatures have also moderated 
                              adding to the slow dry down in those areas that 
                              received the moisture. Texas is now just 
                              short of 50% complete with harvest on a 
                              state wide basis, now cutting wheat from Amarillo 
                              north to the Oklahoma line and south past Lubbock 
                              (this area is nearing 30% complete). 
                              
 Oklahoma producers were 
                              only able to reduce the remaining 25% yet to be 
                              cut in that state at the start of the week to 19% 
                              left (81% complete) at this 
                              writing. There is still a significant amount of 
                              irrigated wheat in the Oklahoma Panhandle that 
                              will need a few more days to mature and dry down.
 
 Kansas progress was also 
                              slowed this week due to rain and likely be back 
                              into full swing by the weekend. One third of the 
                              Kansas crop has now been harvested this year, 
                              according to Plains Grains.
   Click here for more on the amount 
                              of harvest done as well as an  analysis of 
                              the quality factors reported by Plains Grains this 
                              week- as they indicated that protein levels took a 
                              jump higher in this latest report.    Meanwhile, 
                              the Oklahoma Wheat Commission 
                              also provided us with their latest harvest update 
                              specifically for the Sooner state on Thursday 
                              afternoon- their CEO, Mike 
                              Schulte, says that harvest has been slow 
                              moving and "has not changed much because of the 
                              weather conditions making it difficult for harvest 
                              this past week."   Click here for the specifics 
                              reported by the OWC on Thursday afternoon.   Finally, 
                              the day ten report on the Kansas 
                              Wheat harvest is also available- click here to check the continued 
                              expansion of harvest in the Sunflower state. 
                                      
                                    |  
                          
                          
                            |  Producers 
                              Encouraged to Scout, Treat Fields for Grasshoppers  From 
                              the Old Testament to Pixar's A Bug's Life, 
                              grasshoppers have always played the villain. 
                              
 As summer approaches, agricultural 
                              producers in the Southern Great Plains should 
                              expect this particular insect to play its usual 
                              rogue role. Without a cold winter or cool spring, 
                              much of the grasshopper population has lived 
                              through the early stages of its life cycle. 
                              Agricultural experts at The Samuel Roberts Noble 
                              Foundation say pastures and fields are likely to 
                              be bustling with young grasshoppers (nymphs) that 
                              are ready to do damage.
 
 "Grasshoppers can 
                              quickly devastate a field," said David 
                              Annis, soils and crops consultant at the 
                              Noble Foundation. "Grass and forage producers need 
                              to be aware that this will be a potential problem 
                              this season."
 
 Click here for more from the Noble 
                              Foundation on what could be a banner year for 
                              grasshoppers.
   |  
                          
                          
                            |  Senator 
                              Coburn Offers Amendments To 2012 Farm Bill for 
                              Floor Consideration  Oklahoma's 
                              junior Senator, Dr. Tom Coburn, 
                              greeted this morning's overwhelmingly positive 
                              vote to move the 2012 Farm Bill to the Senate 
                              floor by offering three amendments to the 
                              measure.  All are focused on lowering federal 
                              expenditures.
 Coburn's first amendment, 
                              2186, was coauthored with Majority Whip 
                              Dick Durbin (D-IL). This 
                              amendment would reduce the level of federal 
                              premium support for crop insurance participants 
                              with an Adjusted Gross Income (AGI) over $750,000 
                              by 15 percentage points for all buy-up policies 
                              beyond catastrophic coverage.
   The 
                              second amendment, 2214, would prohibit the use of 
                              public funds for political party conventions and 
                              would require the return of previously distributed 
                              funds to the Treasury for deficit reduction.    The 
                              third amendment offered by Coburn, 2225, would 
                              prohibit federal tax cheats from receiving federal 
                              farm subsidies.    The 
                              Environmental Working Group lauded Coburn's 
                              amendments along with others like them.   "The 
                              federal government cannot justify providing 
                              extraordinarily costly subsidies to the most 
                              profitable and financially secure farm businesses 
                              that can easily afford to share more of the cost 
                              of their crop insurance," said Craig 
                              Cox, senior vice president of agriculture 
                              and natural resources at EWG.    You can read more about Coburn's 
                              amendments by clicking here.   More from the EWG is available 
                              by clicking here.    |  
                          
                          
                            |  Anderson 
                              Says Wheat Market 'Catching Its Breath' In Weekly 
                              SUNUP Preview  Wheat 
                              prices climb 20 cents this week after sliding 
                              lower for the past couple of weeks. In a preview 
                              of this week's SUNUP program, OSU Small Grain 
                              Marketing Specialist Kim 
                              Anderson, says the markets are treading 
                              water.   "The 
                              market's just kind of catching its breath and 
                              evaluating what's going on out in the world. We 
                              talked about the European Union and the Euro 
                              problems and those are still going on. China this 
                              week, they lowered their interest rates trying to 
                              get their economy going a little better than it 
                              was. The wheat harvest in Oklahoma and Kansas is 
                              coming in less than was expected and I think that 
                              helped put the brakes on prices."   He 
                              said the WASDE report to be released next Tuesday 
                              might hold some surprises, but if prerelease 
                              numbers hold true, they portend a mixed bag of 
                              ending stocks in the grain market with wheat 
                              higher than expected, corn way up and soybeans 
                              down.   "If 
                              these numbers come in as the average of these 
                              estimates indicate, I think we'll see some 
                              stability in prices. Our wheat prices may go down 
                              with harvest pressure as they go up, but I think 
                              these numbers are going to help support our 
                              prices."    Click here for more of Kim's Friday 
                              preview of his SUNUP interview and to check out 
                              the rundown for this weekend's 
show.   SUNUP 
                              airs on OETA at 7:30 a.m. Saturday.   |  
                          
                          
                            |  Telling 
                              the Beef Industry Story- ANCW President Tammi 
                              Didlot of Oklahoma    The 
                              President of the American National Cattlewomen 
                              calls Oklahoma home, but Tammi Didlot has not seen 
                              a lot of home this year as she has traveled from 
                              coast to coast and over to Hawaii as well- meeting 
                              with cattle ladies from across the country and 
                              encouraging them to focus on telling the cattle 
                              industry story to consumers. Didlot talked with us 
                              at the Oklahoma Beef Ambassador contest on 
                              Thursday in Stillwater- and we feature her 
                              thoughts on telling the cattle industry story on 
                              today's Beef Buzz.    Didlot 
                              says that so often, we assume that everyone knows 
                              and understands the story of how beef goes from 
                              "the pasture to the plate" but the truth is that 
                              very few consumers have any idea at all. "You 
                              can't assume that people just know" about where 
                              their beef comes from. And she acknowledges that 
                              most consumers don't really care, as long as they 
                              are comfortable with the fact that it is safe for 
                              their families to eat- and offers lots of 
                              nutrition- and tastes good.   Read 
                              more about Tammi's first several months in the 
                              office of President of the ANCW- and hear our 
                              visit with her from yesterday- click here for our Beef Buzz 
                              featuring Tammi Didlot, ANCW National 
                              President.     |  |  
                      | 
                          
                          
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