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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 $11.68 per bushel at the Northern 
                        Ag elevator in Yukon as of 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 
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                            | Oklahoma's 
                              Latest Farm and Ranch News  
                                Your 
                              Update from Ron Hays of RON    
                              Tuesday, 
                              June 19, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:   Bailey Ballou of Elgin, Oklahoma 
                              Claims World Livestock Auctioneer 
                              Championship  Bailey 
                              Ballou of Elgin, Okla. proved his 
                              world-class status as a livestock auctioneer at 
                              the Livestock Marketing Association's (LMA) World 
                              Livestock Auctioneer Championship (WLAC) held in 
                              Turlock, Calif., on Saturday, June 
                              16.
 Raised in southwest Oklahoma on a dairy 
                              farm, Bailey attended livestock auctions with his 
                              grandpa. Like many children, he was enamored with 
                              the auction chant and would try to emulate it 
                              while at play. When he realized, as an adult, that 
                              he would like to make a career of the art of bid 
                              calling, he set out for auctioneering school in 
                              Missouri. That was in 2003.
 
 Nine years 
                              later, he assumes the title of 2012 World 
                              Livestock Auctioneer Champion on his fourth 
                              attempt, having competed previously in 2006, 2008 
                              and 2010. He talked with the agricultural 
                              livestock media on Monday afternoon- and we have 
                              an audio report of his comments.
    In 
                              his acceptance speech, Bailey spoke of the 
                              auctioneers that took him under their wing and 
                              taught him the business. One of those early 
                              influences was 1974 world champion Ralph Wade, who 
                              let Bailey stay with him and worked with him as he 
                              developed his abilities and world-class 
                              chant.   Click here to read more about Bailey 
                              Ballou or to listen to our audio 
                              interview.
 
 |  
                          
                          
                            | 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.      |  
                          
                          
                            |  Beef 
                              Industry to See Latest National Beef Quality Audit 
                              Results in July  The 
                              checkoff-funded National Beef Quality Audit, 
                              conducted every five years since 1991, assesses 
                              progress the industry makes on a variety of 
                              production issues that ultimately affect consumer 
                              demand for beef. Keith Belk, 
                              Colorado State University, has been involved in 
                              the development of the latest audit and says some 
                              changes have been made in the way in which data is 
                              collected and what kind of data is included in the 
                              study. 
 Dr. Belk says that "We attempted to 
                              change Phase One around this year, and Phase Two 
                              actually, to collect a bit more data that was 
                              maybe more modern using some of the technologies 
                              that are now available to us. In Phase One, we 
                              designed a survey where we used a software that 
                              allowed us to dynamically route questions based on 
                              the answers that respondents gave to various 
                              questions. And in Phase Two for the first time, 
                              have been able to collect a ton of data that 
                              resulted from the use of instruments and 
                              instrument grading systems."
 
 Belk, our 
                              guest on today's Beef Buzz, has been a part of the 
                              National Beef Quality Audit process ever since 
                              that first report was compiled back in 1991. He 
                              tells us that this research continues to evolve 
                              and change, but the effort has never deviated from 
                              its original intent of improving producer 
                              profitability.
 
 Catch Dr. Belk and the Beef Buzz by 
                              clicking here.
   |  
                          
                          
                            |  Stocker 
                              and Feedlot Margins a Study in 
                              Contrasts  In 
                              his latest column for the Cow-Calf Newsletter, 
                              Oklahoma State University Extension Livestock 
                              Marketing Specialist Derrell Peel 
                              examines the economics facing stocker producers 
                              and feedlot operators. 
 The stocker and 
                              feedlot sectors provide a dramatic contrast in the 
                              economics of two beef industry sectors. While the 
                              stocker sector sees opportunities with strong 
                              values for forage-based gains, the feedlot sector 
                              is under increasing pressure as limited feeder 
                              cattle supplies, high feed prices and excess 
                              capacity combine to result in severe feedlot 
                              losses. Cattle feeders are in a fight to the death 
                              to see who survives the next couple of years.
 
 Stocker production and cattle feeding are 
                              margin operations where the principal determinant 
                              of economic potential is the gross margin between 
                              the value of purchased cattle versus the value of 
                              cattle sold. Within that gross margin, all other 
                              production costs have to be paid including feed, 
                              veterinary and medicine cost, death loss, labor 
                              and interest. The gross margin can be calculated 
                              as a value of gain for both stockers and feedlots. 
                              The value of gain is a useful way to compare 
                              various stocker and feedlot systems using 
                              different beginning and ending 
                              weights.
   Click here for more of Derrell Peel's 
                              assessment of the current economics of stocker and 
                              feeder margins.   |  
                          
                          
                            |   Wheat Harvest Nearly Over in 
                              Oklahoma; Texas and Kansas Sprint Toward 
                              Finish  The 
                              early wheat harvest has allowed farmers to get a 
                              jump on double cropping this year. The USDA's 
                              Oklahoma Crop Weather report 
                              shows wheat harvest completed in 96 
                              percent of the state(versus the five year 
                              average of just 56% normally done by this date!) 
                              and planting for peanuts, soybeans, sorghum and 
                              cotton 85 percent done.   You can read the full report for 
                              Oklahoma by clicking here.   Kansas 
                              farmers have harvested 80 percent of their winter 
                              wheat crop,  with the wheat still to be cut 
                              mostly in western Kansas. Producers are two weeks 
                              ahead of last year and again far ahead of the 
                              average pace of just 7 percent complete by mid 
                              June.    The Kansas Crop Progress and 
                              Condition Report is available here.   Rains 
                              continue to hamper wheat producers in some parts 
                              of Texas, with 74 percent of the crop in the bin 
                              as of Sunday. That's 28 points ahead of the five 
                              year average.   The full Texas Crop Condition Report 
                              is available by clicking here.   NATIONALLY- 
                              the corn and soybean ratings declined for the 
                              second week in a row- the good to excellent 
                              ratings for corn dropped from 66% a week ago to 
                              63% this week, while soybeans slipped from 60% 
                              good to excellent to 56% in those same ratings 
                              this week. To review all of the crops and the 
                              snapshot of how they are doing as of June 18, 
                              2012- click 
                          here.  |  
                          
                          
                            |  A 
                              Big Win for Chairlady Debbie Stabenow as She Gets 
                              Pathway to Final Senate Farm Bill 
                              Vote    A 
                              massive 73 amendment deal was struck by the 
                              Chairlady of the Senate Ag Committee, 
                              Debbie Stabenow of Michigan and 
                              Kansas Republican Senator Pat 
                              Roberts  yesterday- it was not a 
                              "great deal" according to Senate Majority Leader 
                              Harry Reid- but rather a "good deal" and one that 
                              appears to have surprised the Democratic leader of 
                              the Senate.      Crop 
                              insurance and the Supplemental Nutrition 
                              Assistance Program - or SNAP - are each the 
                              subject of several of the amendments. Senator 
                              Tom Coburn's amendment to reduce 
                              MAP funding and Senator Jim 
                              DeMint's amendment to make checkoff 
                              programs voluntary are also on the list. There are 
                              some amendments dealing with the issue of payment 
                              limits as well.   However, 
                              Senator Coburn's amendment that called for a limit 
                              to Crop Insurance subsidies at $40,000 is 
                              not included in the package of 73 
                              amendments to see the Senate Floor- and neither is 
                              the HSUS-UEP Hen Amendment, which would have 
                              codified the deal between these two groups and put 
                              into federal law how big the size of a cage for a 
                              egg laying hen must be.      Our 
                              friend and colleague Keith Good 
                              in this morning's blog on FarmPolicy.Com 
                              summarizes from a Roll Call article on the 
                              deal-  "The Senate will begin voting on the 
                              amendments Tuesday afternoon, with the measures 
                              that are relevant to the bill receiving a simple 
                              majority approval and nonrelevant provisions 
                              subject to a 60-vote bar. "Sources 
                              were cautiously optimistic that the 
                              Senate will approve a bill that received a 
                              bipartisan 16-5 vote out of 
                              committee. But it is also clear that certain 
                              regional disputes will be tougher to bridge and 
                              that even if the Senate does pass the bill, the 
                              road to the president's desk likely will be 
                              difficult, if not impossible, with a 
                              Republican-controlled House."   Click here for the Tuesday morning 
                              blog as written by Keith who pulls together 
                              multiple sources on this fast moving (for the 
                              Senate) set of developments.    It 
                              appears that staffers say it will be non stop Farm 
                              Bill amendment debate later today and into 
                              Wednesday- and they spoke of the possibility that 
                              we could see a vote on the actual bill yet this 
                              week.              |  
                          
                          
                            |  Timely 
                              Rains, Moderate Temperatures Cooperate to Assist 
                              Young Cotton Crop  Oklahoma's 
                              cotton crop, as well as those in surrounding 
                              states like Texas and Kansas, continue to grow 
                              well due to timely rains and moderate 
                              temperatures. In his June 14, 2012, issue of 
                              Cotton Comments, Dr. Randy Boman 
                              presents several items of interest to cotton 
                              producers and those who are interested in what 
                              occurs out where "the blacktop 
                              stops."   Here are some of his 
                              comments on the state of the crop and use of plant 
                              growth regulators on cotton that is growing 
                              well:
 We continue to obtain timely rainfall 
                              events to keep much of the Oklahoma cotton crop 
                              moving in the right direction. The Mesonet 10-day 
                              precipitation map indicates about 2.33 inches of 
                              rainfall has accumulated at Hollis, 3.61 at Altus, 
                              2.17 at Tipton but only 1.45 at Grandfield. Other 
                              areas farther to the north have acquired about two 
                              inches. This is good news from the dryland 
                              perspective and has allowed many producers to get 
                              a crop established. The bad news is, in spite of 
                              many days of somewhat seasonal temperatures, every 
                              now and then we are hit with a "haymaker day" such 
                              as June 10 with 109 degrees at Altus.
 
 A 
                              considerable amount of early to mid-May planted 
                              cotton is beginning to square. Cotton in Caddo 
                              County planted in strip tilled land looks 
                              excellent, apart from some high wind events that 
                              slightly "ragged up" an otherwise picturesque 
                              crop.
   You can read more of Dr. Boman's 
                              analysis of the cotton crop and his 
                              recommendations for growth regulators by clicking 
                              here.   |  
                          
                          
                            |  CropLife 
                              America Recognizes Importance of Healthy 
                              Pollinators  CropLife 
                              America (CLA) and the crop protection industry 
                              join in kicking off the 6th Annual National 
                              Pollinator Week, June 18 - 24, a celebration of 
                              the vital role of pollinators. CLA and its 
                              members, the manufacturers, formulators and 
                              distributors of crop protection products, 
                              recognize that bee health is vital to agricultural 
                              production. Bees, birds, butterflies and other 
                              pollinators pollinate more than 75 percent of the 
                              country's flowering plants. Approximately one 
                              third of all foods and beverages are dependent of 
                              pollinators, representing nearly $20 billion on 
                              crop value annually in the U.S. The health of 
                              pollinators and honeybees, in particular, is of 
                              serious concern for the agricultural industry and 
                              demands ongoing scientific research in both the 
                              public and private sectors.
 "Every day in 
                              agricultural fields and communities, growers, 
                              beekeepers, and companies are working together to 
                              find solutions that keep crops and bee colonies 
                              healthy," said Jay Vroom, president and CEO of 
                              CLA. "This starts with CLA member companies, who 
                              are complying with the Environmental Protection 
                              Agency's (EPA) testing requirements, including 
                              laboratory and field tests for new crop protection 
                              products to determine any potential impact on 
                              pollinators. In addition, stakeholders can be 
                              found working together on the local level to 
                              address bee health issues. With support and 
                              collaboration among all parties, the agriculture 
                              industry will be able to better understand and 
                              address bee health concerns."
 
 Click here for more on this 
                              story.
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