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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 $11.46 per bushel at the Northern 
                        Ag elevator in Yukon at the close of business 
                        yesterday.   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   Friday, 
                              May 15, 
                              2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
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                      | 
                          
                          
                            | Featured Story:  Senator Coburn Takes Shot 
                              at Popular Market Export Promotion 
                              Program  U.S. 
                              Senator Tom Coburn (R-OK) 
                              released a new oversight report, "Treasure MAP: 
                              The Market Access Program's Bounty of Waste, Loot 
                              and Spoils Plundered from Taxpayers" highlighting 
                              more than $2 billion in taxpayer dollars 
                              indirectly subsidizing the advertising costs of 
                              some of the most profitable agriculture companies 
                              and trade associations doing business overseas. 
                              You will recognize many of these company brands as 
                              household names, such as Welch's, Sunkist, and 
                              Blue Diamond.    Despite 
                              their combined $2 billion in sales in 2009, 
                              Treasure MAP shows how these companies received 
                              more than $6 million in 2012 from taxpayers for 
                              product promotion. Also receiving millions from 
                              taxpayers for private overseas advertising are the 
                              agricultural trade groups whose members include 
                              Tyson Foods, Purina, Hershey's, Georgia-Pacific 
                              and Jack Daniels. With a multitude of other 
                              agriculture, and fiscal priorities facing our 
                              nation, Coburn said this report shows it is time 
                              to reduce funding for the Market Access Program 
                              (MAP).
 "At a time when we are cutting 
                              funding for our troops, taxpayers cannot continue 
                              to subsidize the filming of Reality-TV shows in 
                              India, wine tastings for foreign journalists and 
                              even ads for pet shampoo," said Dr. Coburn. "We 
                              need to make tough choices."
   You can read more about Senator 
                              Coburn's position as well as accessing a link 
                              to his full report by clicking here.   |  
                          
                          
                            | Sponsor 
                              Spotlight   We 
                              welcome Winfield Solutions and 
                              CROPLAN Genetics 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 Genetics lineup for winter 
                              canola.        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!   |  
                          
                          
                            |  Ag 
                              Export Coalition Opposes Amendment to Cut Market 
                              Access Program Funding and Limit 
                              Activities  Eighty 
                              members of the Coalition to Promote U.S. 
                              Agricultural Exports said they strongly oppose a 
                              proposed amendment by Sen. Tom Coburn (R-OK) to S. 
                              3240 (Agriculture Reform, Food, and Jobs Act of 
                              2012) to reduce annual funding for the Market 
                              Access Program (MAP) by $40 million and prohibit 
                              the use of MAP funds for certain 
                              activities.   
 "Reducing 
                              funding for MAP would seriously undermine U.S. 
                              agriculture's ability to compete in this highly 
                              competitive international marketplace," the 
                              organizations said in the letter to Senate 
                              Agriculture Committee Chairwoman Debbie Stabenow 
                              (D-MI) and Ranking Minority Member Pat Roberts 
                              (R-KS). "It is a very efficient, cost-effective 
                              program."
 
 The letter also noted that under 
                              MAP, participants must carefully evaluate and 
                              adjust all export market development activities 
                              every year. The participants submit plans to 
                              USDA's Foreign Agricultural Service (FAS), which 
                              reviews every promotional activity to determine 
                              their eligibility and likelihood of success in 
                              increasing demand for U.S. agricultural exports. 
                              This analysis, in conjunction with in-country 
                              feedback from FAS overseas officers, determines 
                              whether activities merit funding.
 
 Click here to read more about the 
                              AEC's response to Senator Coburn.  You 
                              will also find the full letter and a list of all 
                              the groups signing on.
   |  
                          
                          
                            |  Cattlemen's 
                              Association CEO Talks Legislative Highlights, 
                              Upcoming OCA Convention  Scott 
                              Dewald, the chief executive officer of 
                              the Oklahoma Cattlemen's Association sat down with 
                              us recently to discuss several issues including 
                              the outcome of the legislative session and the 
                              upcoming OCA events. 
 Dewald said the 
                              legislature put off many important issues like tax 
                              policy and budget issues until the waning days of 
                              the session, but that's nothing new. He said there 
                              were a number of issues being closely watched by 
                              the cattle industry, especially tax 
                              policy.
 
 "I think the big one to us was the 
                              income tax issue and the possible elimination of 
                              or ratcheting down of the personal income tax. The 
                              offset to that, what happens when you lose that 
                              revenue, do you increase property taxes? Do you 
                              increase fees? What do you do to finance state 
                              government? It's one of those big deals that 
                              didn't happen that we were, quite frankly, 
                              concerned about because we didn't know what the 
                              other revenue sources were going to be. And we 
                              certainly didn't want it to be the ranchers of the 
                              state of Oklahoma or the farmers and landholders 
                              in the state of Oklahoma having to foot the 
                              bill."
   You can preview our interview with 
                              Scott Dewald by clicking here.     You 
                              can also catch Scott on our "In the Field" segment 
                              on News 9 this Saturday morning at about 
                              6:40.    |  
                          
                          
                            |  USDA 
                              Seeks Comments on Changing Statistical Report 
                              Release Times  The 
                              U.S. Department of Agriculture (USDA) is accepting 
                              public comment now through July 9, 2012 as part of 
                              its review of release times and procedures for 
                              several major statistical reports. Due to recent 
                              changes in market hours by major commodity 
                              exchanges, the National Agricultural Statistics 
                              Service (NASS) and the World Agricultural Outlook 
                              Board (WAOB)-the USDA entities responsible for the 
                              reports-are reviewing release times and procedures 
                              of the following statistical reports: World 
                              Agricultural Supply and Demand Estimates, Acreage, 
                              Cattle, Cattle on Feed, Crop Production, Grain 
                              Stocks, Prospective Plantings, Quarterly Hogs and 
                              Pigs, and Small Grain Summary. The current USDA 
                              release times of 8:30 a.m. and 3:00 p.m. ET will 
                              remain in effect until further notice.
 To 
                              submit an official comment via the Federal 
                              Register, click here, or comment directly 
                              by clicking here
    |  
                          
                          
                            |  NCBA 
                              Works to Put Estate Tax on Front Burner for 
                              Congress  The 
                              automatic reversion of the estate tax which will 
                              allow the federal government to take 55 percent of 
                              all estates over $1 million will happen at the end 
                              of the year if Congress fails to take 
                              action.
 Kent Bacus, 
                              associate director of legislative affairs for the 
                              National Cattlemen's Beef Association, says it's 
                              an issue of incredible importance to his 
                              members.
 
 "Without question, that's the 
                              biggest concern of farmers and ranchers all across 
                              America," he says.
 
 "With land values 
                              increasing all across the country, with new 
                              investments in agricultural equipment in order to 
                              meet all that growing demand, there will be a lot 
                              of families who are going to be tripped up by that 
                              $1 million level."
 
 Bacus says his 
                              organization is working hard to spur Congress into 
                              action.
   You 
                              can hear more of what Kent Bacus has to say about 
                              the "death tax" on the latest edition of the Beef Buzz 
                              by clicking here.   |  
                          
                          
                            |  Only 
                              Irrigated Wheat in the Panhandle Remains in 2012 
                              Oklahoma Wheat Harvest- HRW Harvest Marching 
                              North  We 
                              have reports from both the Oklahoma Wheat 
                              Commission as well as from Plains 
                              Grains this morning- first we got the 
                              latest update on what was happening in the 
                              Oklahoma Panhandle with wheat harvest from 
                              Debbie Wedel of the Oklahoma Wheat 
                              Commission, who says harvest in the Panhandle was 
                              slowed by rains earlier this week, but is still 
                              moving forward.  Rains 
                              on Tuesday of this week shut down wheat 
                              harvest in the Boise City area but the elevators 
                              are expecting producers to be in the field by 
                              5pm yesterday afternoon (Thursday). 
                              Saturday, Sunday, and Monday were very busy as 
                              producers are finishing up the dryland wheat in 
                              this area. Test weights on the dryland wheat are 
                              ranging from 57 - 59 pounds. This area expects to 
                              get into the irrigated wheat in about a week.
 
 Hooker Equity Exchange reports that 
                              producers are finishing up the dryland and getting 
                              into the irrigated wheat, so both are coming in. 
                              Irrigated is averaging 55 - 65 bushels per acre 
                              with test weights ranging from 62 - 63 pounds. 
                              Dryland wheat continues to yield 10 - 20 bushels 
                              per acre with test weights ranging from 54 - 
                              59. You can catch the rest of Debbie's 
                              report by clicking here.
   Meanwhile, 
                              Mark Hodges with Plains Grains 
                              reports the three southern plains HRW wheat states 
                              are rapidly concluding harvest- Oklahoma at 95% 
                              complete, Kansas 70% harvested and Texas 59% cut 
                              out. Mark writes in his weekly summary of 
                              Thursday evening "Yields continue to be impressive 
                              considering the dry hot weather most of the 
                              Southern Great Plains suffered during the most 
                              critical stage of water demand for plant 
                              development, pollination through grainfill.  
                              Yields have ranged from the low 20's to well over 
                              70 bushels per acre with commonly reported 
                              averages from 40 to 45 bushels per acre."   Hodges 
                              does have concerns about the quality of the 2012 
                              crop- because of that hoit dry stretch of weather 
                              he references- you can read more about that and 
                              the entire Plains Grains report as released on 
                              Thursday evening by clicking here.       |  
                          
                          
                            |  This 
                              N That- Stabenow Claims Progress in Farm Bill 
                              Efforts, Sorghum Board Adds Oklahoma Producer and 
                              Ag Does Hollywood Next Week    In 
                              danger of sinking under the weight of hundreds of 
                              amendments, the Chairlady of the Senate Ag 
                              Committee, Debbie Stabenow of 
                              Michigan, issued a statement on Thursday evening 
                              to assure Farm Bill proponents that she, ranking 
                              member Pat Roberts of Kansas and 
                              the Senate leadership are working on a deal of 
                              what amendments to consider and under what sort of 
                              time constraints.  Her early hopes as the 
                              bill came to the floor was to get a final vote on 
                              the 2012 farm bill by the end of this month- which 
                              seems out of reach unless a deal can be reached 
                              quickly. (which is a word seldom uttered in the US 
                              Senate) Stabenow's statement reads:  "To 
                              provide farmers and small businesses certainty to 
                              continue growing the economy, and to achieve major 
                              reform of American farm programs, this is a 
                              must-pass bill," Chairwoman Stabenow said. "We 
                              have seen now close to 300 amendments offered to 
                              the Farm Bill, which illustrates how important 
                              this is to our colleagues from every part of the 
                              country. We are continuing to make progress toward 
                              a final amendment package and I'm confident we'll 
                              do what the American people want to see us do - 
                              come together and pass a bill that will cut 
                              spending and create jobs."   Congrats 
                              to James Wuerflein of Kremlin, 
                              Okla., who has been appointed by USDA to the 
                              United Sorghum Checkoff Board of Directors. 
                              Wuerflein takes the at-large seat vacancy on the 
                              13-member board. "We are pleased to have this seat 
                              vacancy filled, and we look forward to working 
                              with James as a valuable member of the Sorghum 
                              Checkoff board," said USCP Chairman, Bill Kubecka 
                              of Palacios, Texas.
 
 Wuerflein has raised 
                              sorghum on his farm in north central Oklahoma for 
                              20 years. He is a 1982 graduate of Oklahoma State 
                              University, a member of the Oklahoma Agricultural 
                              Leadership Program Class VII, Farmers Grain 
                              Company board member, and a member of the Great 
                              Plains Co-op in Lahoma.
   Finally- 
                              a quick reminder from our calendar pages- 
                              coming next week on Tuesday and Wednesday is 
                              a huge outreach by agriculture to tell our 
                              story- The US Farmers and Ranchers 
                              Alliance planning a second 
                              FoodDialogues June 19 and 20- 
                              Four separate discussions - being held over two 
                              days -that will bring together entertainment 
                              movers and shakers, chefs, academics, large 
                              restaurant operators, journalists, local leaders, 
                              farmers and ranchers for an in-depth conversation 
                              about food.  Click here for some more details- 
                              and we will talk more about this big 
                              event in Monday's 
                          email.
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                              You can reach us at the following: 
                                  phone: 405-473-6144
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