Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. A new sponsor of the daily email is One Resource Environmental. Farm and ranch operators who have gas or diesel storage on their place are facing a regulatory deadline that are a part of the Clean Water Act. These folks can help you determine if you need a plan and then if you do- help you get that plan in place. Click here for their website- FarmSPCC for more details.

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.

And we salute our longest running email sponsor- Midwest Farm Shows, producer ofthe recent Southern Plains Farm Show as well as the Tulsa Farm Show held each December. Click here for the Midwest Farm Show main website to learn more about their lineup of shows around the country!

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.

If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here.

According to an article found on the Politico website, "Agriculture Committee leaders in Congress are closing in on a 10-year savings target near $23 billion, about a third less than what House Republicans and President Barack Obama had proposed but still a significant change." You can read the full article from Politico by clicking here.

Working on the deal is Oklahoma Congressman Frank Lucas as Chairman of the House Ag Committee and Kansas Senator Pat Roberts- ranking member of the Senate Ag Committee. They are at the table behind closed doors with the Senate Ag Chairlady Debbie Stabenow of Michigan and the former House Ag Committee Chairman Colin Peterson of Minnesota.

Meanwhile, a large group of Democrats have written the Super Committee and demanded of them to leave nurtition programs alone- Click here for more on their letter to the Committee as written in Agri-Pulse.

If nutrition was protected in the process, that could mean deeper cuts in Commodity and Conservation programs- as those three pots of money (plus Crop Insurance) are the only areas where there is significant dollars that would actually aid the quest to find $1.5 trillion dollars in savings.

Another article that also suggests the $23 billion number is offered by Charles Abbot of Reuters- click here to get his take on the possible direction of Lucas and others.

Sanders adds that they are also adding a sulfur and boron treatment to look at the necessity of sulfur and boron in Oklahoma canola fields.

Overall, Sanders says they hope to be able to discuss and talk about the results and what they have experienced and learned from these demonstration and test plots next spring.

Click here for more Gene Neuens and Heath Sanders on Canola TV

The contractors who dredge ponds must currently obtain a permit costing about $350 for each job. Due to drought, the need for those services has increased dramatically with many property owners having multiple ponds dredged. Each project requires a separate permit.

"These are simple seven-to-eight hour jobs that typically cost about $90 per hour," Kouplen said. "You add another 350 bucks to that for a permit, and it increases the cost of the job about 35 percent. When so many farmers are already struggling to make ends meet because of the drought, that added cost is just adding insult to injury."

Click here for more on this request from Rep. Kouplan to Gov. Fallin

Maye was elected Oklahoma FFA President last May and will be attending National FFA Convention for the second time as a state officer. On her last trip to National Convention, Maye says she was impressed by the structure of the convention, like the committees and the delegate process. Being able to see how it all works and to participate as a delegate was an opportunity that Maye says really impressed her.

Courtney will be our guest on Saturday morning during our In the Field segment that is a part of the Saturday morning News Block on KWTV News9. You can see that conversation with her about 6:40 AM.

We will be busy this coming week- offering a lot of coverage from this year's National Convention- right here in this daily email, on our website at the Blue Green Gazette, via our radio reports and early morning in our Skype reports on News9 and News on 6- and even on Twitter, Facebook and our Flickr page.

Click here to watch our interview with FFA President Courtney Maye

When it comes to ending production stocks, corn was 60 million bushels above the trade estimate for ending stocks. Soybeans were 23 million bushels below and wheat was 104 million bushels above the trade expectations.

Overall, says Anderson, there was a marginally negative impact for corn, slightly positive impact for soybeans, and a really negative impact for wheat.

Click on the LINK below to hear Lyndall Stout and Dr. Anderson's converation on the grain marketplace and the fluctuation in prices this week.

Click here for your audio preview of the Kim Anderson take on this week's grain prices- plus a look at what will be on SUNUP this Saturday morning.

Congressional ratification of three bilateral free-trade agreements between the United States and Korea, Colombia and Panama, as well as approval of Trade Adjustment Assistance, is welcome news for farmers and ranchers, according to the American Farm Bureau Federation.

"Now that Congress has approved all the components of the trade package, swift implementation is critical, so we can restore a level playing field for U.S. farm exports to these three nations," said AFBF President Bob Stallman.

Click here for more from AFBF on the free trade agreements.

The American Soybean Association (ASA) applauds President Barack Obama and Congress for working together to reach a final vote on the free trade agreements and urges the Administration to ensure that these FTAs enter into force by Jan. 1, 2012.

"ASA has been working for a number of years toward passage of these trade agreements, which contain significant export gains for U.S. agriculture." said ASA President Alan Kemper, a soybean producer from Lafayette, Ind. "Increased exports of U.S. soy and soy fed meat and poultry will benefit soybean farmers and rural economies. After nearly five years of delays and loss of U.S. market share, soybean farmers look forward to realizing the opportunities these FTAs provide for America's economic growth."

Click here for the rest of ASA's statement on the trade agreements.

The American Meat Institute also voiced their opinion with the passage the free trade agreements with Colombia, Panama and South Korea. The following is the statement from the AMI President and CEO J. Patrick Boyle.

"Congress' passage today of long-stalled free trade agreements (FTAs) with South Korea, Panama and Colombia is a major victory for America's agricultural sector, our meat and poultry industry and our economy. AMI is grateful that our leaders in Washington have come to a consensus that will finally allow American agriculture the opportunity to compete fairly in these highly sought after global markets."

Click here for more the AMI President and CEO on the passage of the FTAs.

Drought watchers say that Oklahoma's drought conditions did have a response to the rains received this past weekend- at least in that corridor where three to four inches of rain fell.
The percent of the state in D4 went from 70% down to 59%, and the percent in D3-D4 went from 80% down to 79%. Still, ALL of Oklahoma remains D2 or worse- which means we still are in the midst of a severe drought at the best. Click here to see the latest Drought Monitor graphic and you can see for yourself how the rain event of last weekend split the state right down the middle.

Lots of stuff continues to be added to our calendar of events on our website- you can jump over to the Calendar page and see for yourself by following the LINK below. AND- if you have calendar items that we need to include so everyone else can know about them- please drop me an email and Karolyn and I will be glad to get them online at OklahomaFarmReport.Com.

Click here for our calendar as found at WWW.OklahomaFarmReport.Com

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers ,One Resource Environmental- operators of FarmSPCC.Com, and KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!

We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.

Click here to check out WWW.OklahomaFarmReport.Com

Here are some links we will leave in place on an ongoing basis- Click on the name of the report to go to that link:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture.
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.