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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 $11.34 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $11.50 per bushel- delivered to local 
                        participating elevators that are working with PCOM.   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    
                              Wednesday, 
                              December 21, 2011 
                               |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
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                            |  Featured 
                              Story:HumaneWatch 
                              Runs TV Ad Targeting HSUS Fundraising 
                              Tactics    Just 
                              in time for the holiday giving season, 
                              HumaneWatch.org, a project of the Center for 
                              Consumer Freedom (CCF), is issuing a consumer 
                              alert reminding Americans to be wary of the 
                              deceptive fundraising practices of the Humane 
                              Society of the United States (HSUS). The ad, 
                              airing nationally on television beginning Dec. 14, 
                              highlights HSUS's duplicitous fundraising 
                              practices as the vast majority of their 
                              fundraising commercials feature dogs and cats, yet 
                              only 1% of the money HSUS raises from the public 
                              goes to local, hands-on pet shelters. The ad also 
                              encourages Americans to give directly to their 
                              local pet shelters to make the greatest impact in 
                              their 
                              community.
 The 
                              ad comes in conjunction with a new analysis of 
                              HSUS's recent television ads, which determined 
                              that the group's television fundraising appeals 
                              perpetuate the misperception that HSUS is an 
                              organization that primarily supports pet shelters. 
                              Specifically, CCF examined 28 separate HSUS 
                              television appeals that ran from January 2009 
                              through September 2011, identified by the Campaign 
                              Media Analysis Group (CMAG), and discovered that 
                              more than 85% of the animals shown in the ads were 
                              dogs and cats despite very little of HSUS's budget 
                              going to pet 
                              shelters.
 
 "HSUS 
                              uses emotionally manipulative ads to raise money 
                              on the backs of abandoned and abused dogs and 
                              cats, yet it gives just one penny of each dollar 
                              it raises to local pet shelters," said CCF Senior 
                              Research Analyst J. Justin Wilson. 
                              "HumaneWatch.org wants to ensure that donations go 
                              to support the cause donors intend. If they want 
                              their dollars to aid cats and dogs in their 
                              community they should give directly to local pet 
                              shelters instead of inadvertently bankrolling 
                              HSUS's aggressive animal rights 
                              agenda."
 
 According 
                              to recent public polling performed by ORC 
                              International, 71% of Americans mistakenly believe 
                              that HSUS is a pet shelter umbrella group and 68% 
                              wrongly believe that HSUS gives most of its money 
                              to local pet shelters.
 
 Click here for a link to watch the 
                              new TV ad by 
                        HumaneWatch.org. |  
                          
                          
                            | Sponsor 
                              Spotlight   
                              We are 
                              pleased to have American Farmers & Ranchers 
                              Mutual Insurance Company as a regular sponsor 
                              of our daily update- click here to go to 
                              their AFR website to learn more about their 
                              efforts to serve rural America!   And 
                              we are proud to have P & K Equipment/ P 
                              & K Wind Energy as one of our regular 
                              sponsors of our daily email update. P & K is 
                              the premiere John Deere dealer in Oklahoma, with 
                              ten locations to serve you, and the P & K team 
                              are excited about their new Wind Power program, as 
                              they offer Endurance Wind Power wind turbines. 
                              Click here for more from 
                              the P&K website.  |  
                          
                          
                            |  Canola 
                              TV - Canola Crushing Wraps Up 2011 Canola 
                              Crop  In 
                              the latest edition of Canola TV, we talk with Gene 
                              Neuens of PCOM about the 2011 canola crop and how 
                              the crop is holding up as the year comes to a 
                              close. Neuens says that Oklahoma had a fair crop 
                              for 2011 despite some weather difficulties such as 
                              drought and even cold weather. 
 The oilseed 
                              content was down to about 38-39% says Neuens, 
                              while the oil content has been running about 42% 
                              usually. Overall, Neuens says the canola crushing 
                              was good and they will be crushing canola all 
                              throughout the winter months. Neuens adds that 
                              learning how to crush canola has been a beneficial 
                              process because this year PCOM is crushing a lot 
                              more canola than cottonseed because of the drought 
                              reduced cotton crop of 2011 in the southern 
                              plains.
 
 Compared to wheat, Neuens says he 
                              predicts the prices of canola to be fairly steady 
                              and wheat prices to go down a little due to the 
                              large amount of carryover. The price of canola 
                              throughout 2011 was a fairly consistent and decent 
                              price and Neuens predicts that to 
                              continue.
 
 Click here to watch our newest 
                              edition of Canola TV with Gene 
                              Neuens.
 |  
                          
                          
                            |  Oklahoma 
                              Board of Equalization Estimating $6.5 Billion 
                              Budget Number for Coming Fiscal Year- Flat is 
                              Good    The 
                              seven member Oklahoma Board of Equalization 
                              has certified preliminary revenue figures 
                              that show lawmakers will have an estimated $6.5 
                              billion to spend on next year's budget- Fiscal 
                              Year 2013- that begins July 1, 2012.    The 
                              amount certified by the Board of Equalization on 
                              Tuesday is roughly the same that they spent last 
                              year. However, the budget estimate for this coming 
                              fiscal year looks far better than just two years 
                              ago when that body was guessing that Oklahoma 
                              lawmakers would have $4.4 billion of state 
                              revenues to build a budget on for Fiscal Yer 2011. 
                              Federal One Time funds helped  that year 
                              dramatically and to a lesser extent in the current 
                              Fiscal Year.     After 
                              word came from the Board of Equalization- Governor 
                              Mary Fallin offered the following statement-  
                              "The numbers certified by the Board of 
                              Equalization today indicate that tax revenues are 
                              increasing as Oklahoma's economy continues its 
                              rebound from the national recession. That's the 
                              good news. The loss of one time funding sources, 
                              however, means the state is currently facing an 
                              estimated budget shortfall of $150 million. While 
                              that number may change, the bottom line is that 
                              next year's budget will be flat at best. Moving 
                              into 2013, state agencies should redouble their 
                              modernization and efficiency efforts to ensure 
                              they are maximizing the value of their 
                              appropriated funds and saving taxpayer dollars." 
                                    
                              State House Speaker Kris Steele of Shawnee 
                              also looked at the announcement in a "glass half 
                              full" way-  "It shows what we've expected, 
                              and that is to prepare for a relatively flat 
                              budget. The encouraging takeaway is Oklahoma's 
                              strong, growing economy has helped lead to a 
                              positive state revenue rebound, so we're going to 
                              keep doing our part at the Legislature to promote 
                              pro-growth policies, seek tax relief and manage 
                              state resources in a fiscally conservative way. If 
                              these figures are any indication, the path we're 
                              on is the right one."
   Click here for the final 
                              Board of Equalization numbers issued last June for 
                              Fiscal Year 2012 that the state of Oklahoma has 
                              been operating on since July one of this 
                              year.         |  
                          
                          
                            |  OSU's 
                              Dr. Derrell Peel Advises Cattle Producers How to 
                              Prepare for 2012  The 
                              drought and extreme weather of 2011 added on a lot 
                              of additional pressure to cattle producers in the 
                              state of Oklahoma. With a lot of cattle 
                              liquidation and even some uncertainty, cattle 
                              producers are beginning to prepare for the 2012 
                              year. Dr. Derrell Peel, OSU Extension Livestock 
                              Market Economist, offers some advice.
 Peel 
                              says that obviously, producers need to keep 
                              watching the drought conditions, particularly into 
                              next spring, to see if it is going to allow 
                              producers to operate a little more normally when 
                              it comes to forage production. However, Dr. Peel 
                              adds that there are a few things that are 
                              generally going to be true in 2012.
 
 The 
                              first is that prices are going to generally be 
                              good, certainly for any kind of feeder cattle, 
                              whether it is light weight calves or heavier 
                              weight feeder cattle says Peel. The other general 
                              factor says Peel is the fact that even with these 
                              high priced feeder cattle, there is a good 
                              opportunity for some decent value of gain for 
                              stocker producers.
 
 Click here to listen to our Beef Buzz 
                              with Dr. Peel on gearing up for 
                            2012.
 |  
                          
                          
                            |  Better 
                              Wheat Pasture Conditions May Moderate Oklahoma 
                              Cattle Losses  The 
                              current climate forecast is for drought conditions 
                              to persist this winter across central and western 
                              Oklahoma. According to Dr. Derrell Peel, Oklahoma 
                              State University Extension Livestock Marketing 
                              Specialist, though future conditions are 
                              uncertain, widespread and persistent rain in 
                              November was ideal for establishment and growth on 
                              winter wheat. The result has been more winter 
                              wheat than anyone thought possible at the end of 
                              October.    However, 
                              it must be remembered that the amount of wheat 
                              pasture is still below normal. Many pastures have 
                              a minimal amount of forage for grazing and look 
                              more like what they would a month earlier in a 
                              more typical year. Depending on winter weather 
                              these pastures may or may not see much additional 
                              forage growth before February. 
                              
 Nevertheless, the available wheat pasture 
                              fueled a brief feeder cattle market boom after 
                              Thanksgiving that saw prices in Oklahoma jump 
                              $10-$12/cwt for stocker cattle as local demand 
                              pushed against smaller than normal volumes. The 
                              boom lasted about two weeks as producers picked up 
                              a few stockers to take advantage of the unexpected 
                              wheat pasture. Prices have dropped this last week 
                              but are still $8-$10/cwt. higher than November for 
                              light stockers while heavy feeders are $1-$3/cwt. 
                              higher than a month ago. In other situations, the 
                              wheat pasture is being used to provide forage for 
                              cows and replacement heifers. Many producers have 
                              minimal supplies of forage, often of marginal 
                              quality and the high quality wheat pasture 
                              provides critical nutritional supplies for 
                              cow-calf operations.
 
 Click here for more from Dr. Peel on 
                              wheat pasture 
                        conditions.
 |  
                          
                          
                            |  RFA 
                              Seeks Answers in 2012 Renewable Fuel Standard 
                              Delay  The 
                              Renewable Fuels Association (RFA) wrote to 
                              Environmental Protection Agency (EPA) 
                              Administrator Lisa Jackson seeking an explanation 
                              for the delay in releasing the 2012 Renewable Fuel 
                              Standard (RFS) requirements. According to statute, 
                              volume requirements for the coming compliance year 
                              were due by November 30th.
 A portion of 
                              the letter from RFA President and CEO Bob 
                              Dinneen to Administrator Jackson is listed 
                              below:
 
 "With fewer than two weeks remaining 
                              before a new compliance year is set to begin under 
                              the Renewable Fuel Standard (RFS), it is 
                              concerning that EPA has thus far failed to 
                              announce the volume requirements for 2012 as 
                              dictated by the law. Equally concerning is the 
                              failure to provide renewable fuel providers and 
                              obligated parties under the RFS any explanation 
                              for the delay beyond the November 30th deadline 
                              set forth by the statute."
   Click here for a complete copy of the 
                              letter sent to Administrator 
                          Jackson. |  
                          
                          
                            |  This 
                              and That- Snow Blankets Exceptional Drought Zone- 
                              & Oklahoma Ag Leadership Alums Reminded to Get 
                              Some Skin in the Game  The 
                              Oklahoma Panhandle got 
                              significant amounts of snow- and the hope is it 
                              that it won't all blow into Colorado and Kansas. 
                              The word from the Amarillo National Weather 
                              Service office is that Kenton topped snow fall 
                              amounts in their region- with 15 inches of the 
                              white stuff, while Boise City ended up with a foot 
                              of snow- Guymon six inches and Beaver with five 
                              inches. Click here for further NWS data of 
                              the Snow Fall totals from the Oklahoma and 
                              Texas Panhandles through yesterday 
                              evening.    For 
                              alumni of the Oklahoma Agriculture 
                              Leadership Program, there is still time 
                              to contribute to the $20,000 Noble Foundation 
                              Challenge Grant.  To date, 59 alumni have 
                              sent in their contributions but Director Edmond 
                              Bonjour reports that OALP is still short of 
                              meeting the goal.  He asks that alums of the 
                              program to  "join your fellow alumni in 
                              helping us meet the challenge.  All 
                              contributions must be post-marked by Dec. 31 and 
                              checks should be made payable to "OSU 
                              Foundation/OALP" and sent to 321 Wes Watkins 
                              Center, Stillwater, OK 74078."  Edmond tells 
                              us that  Classes X and XIV are currently tied 
                              for the lead followed closely by Classes IV and 
                              VIII in the numbers of alums from those classes 
                              who have contributed any amount to the Noble 
                              Challenge Grant. To learn more about the OALP- you can click here 
                              for their OSU based website.  
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                               phone: 405-473-6144  
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