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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 newsfrom 
                        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 $11.64 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $11.79 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    
                              Tuesday, December 
                              27, 2011 
                           |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
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                            |  Featured 
                              Story:US 
                              Hogs and Pigs Report Shows Modest Expansion Into 
                              2012- Considered Bullish by Futures 
                              Market    Last 
                              Friday, the USDA issued their quarterly Hog and 
                              Pigs Inventory report, which according to Steve 
                              Meyer with Paragon Economics, came in about as 
                              expected. The following are some of the highlights 
                              from the summary of the report issued on December 
                              23, 2011.       
                                United 
                              States inventory of all hogs and pigs on December 
                              1, 2011 was 65.9 million head. This was up 2 
                              percent from December 1, 2010, but down 1 percent 
                              from September 1, 2011. 
 Breeding 
                              inventory, at 5.80 million head, was up slightly 
                              from last year, but down slightly from the 
                              previous quarter. Market hog inventory, at 60.1 
                              million head, was up 2 percent from last year, but 
                              down 1 percent from last quarter.
 
 When you 
                              break down the numbers on a state by state basis- 
                              Oklahoma remains the 8th largest total hog 
                              inventory state, with 2.29 million hogs 
                              residing in the state. The number of animals in 
                              the Oklahoma breeding herd- 410,000 females- is 
                              good enough to be the fifth largest state 
                              in the number of breeding animals. Iowa 
                              is number one in both of these categories- while 
                              North Carolina is number two.
 
 After the 
                              report- the Pork Board sponsored a teleconference 
                              with reporters to hear several analysts dissect 
                              the report and look into 2012 and potential pork, 
                              poultry and beef production. We have audio from 
                              that teleconference that you can take a listen to 
                              by clicking here for all of the numbers 
                              as well as that audio.
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                            | Sponsor 
                              Spotlight   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.    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.  |  
                          
                          
                            |  One 
                              Size Fits All Farm Policy Not Workable when 2012 
                              Farm Bill Debate 
                              Restarts  One 
                              ag policy analyst says American agriculture is too 
                              diverse for a one-size-fits-all safety net to 
                              work. Joe Outlaw of Texas A&M commends the top 
                              four leaders of the House and Senate Ag Committees 
                              for developing a farm bill outline that would have 
                              given producers a choice between shallow-loss 
                              revenue protection and higher target prices saying 
                              he doesn't believe either of these are 
                              wrong.
 Outlaw says what he has the biggest 
                              problem with is for certain commodities to say a 
                              specific commodity is interested in target price 
                              or a price protection program that they can't have 
                              that.
 
 While the super committee effort 
                              imploded, Outlaw predicts the draft safety net 
                              will ultimately be enacted into law. Outlaw adds 
                              that the process in 2012 is going to be very ugly 
                              because not every group is ready to have just one 
                              program.
   Click here for more from Joe Outlaw 
                              and to listen to our conversation with him over 
                              farm policy. |  
                          
                          
                            |  National 
                              Corn Growers Association says Russia Joining WTO 
                              May Be Beneficial  The 
                              decision to allow Russia to become a member of the 
                              World Trade Organization can be a benefit to 
                              American agriculture, the National Corn Growers 
                              Association said. WTO ministers adopted Russia's 
                              terms of entry at the Eighth Ministerial Meeting, 
                              held recently in Geneva, and Russia has 220 days 
                              to ratify its accession agreement. 
                              
 "Russia's membership makes the WTO a more 
                              universal trade organization," Chad Blindauer, 
                              Chair of NCGA's Trade Policy and Biotechnology 
                              Action team said. "It also ensures Russia plays by 
                              the same rules as other WTO members.The deal 
                              allows for more fair and open trade 
                              policy."
 
 The Working Party Chair of 
                              Russia's accession, Ambassador Stefan Johannesson 
                              of Iceland, said the "documents constituting 
                              Russia's terms of entry into the WTO resulted from 
                              a tough and successful engagement between Russia 
                              and WTO members."
 
 As part of the accession 
                              deal, Russia has agreed to undertake further 
                              commitments to open its trade regime. This 
                              includes lowering tariffs on a wide range of 
                              agriculture 
                        products.
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                            |  Combat 
                              Cold Weather Nutritional Stress in Horses this 
                              Winter  People 
                              combat cold weather by putting on additional 
                              clothing; horses fight the elements by using more 
                              energy to maintain body temperature. 
 But 
                              while most people can address their own needs, 
                              horses are dependent upon their owners to provide 
                              proper nutrition and protection from the weather, 
                              said Dave Freeman, Oklahoma State University 
                              Cooperative Extension equine specialist.
 
 "The temperature below which a particular 
                              horse starts to expend additional energy for 
                              maintaining body warmth (critical temperature) 
                              will vary because of fat cover, hair thickness, 
                              acclimatization of the horse to cold, hair-coat 
                              wetness and wind chill," he said.
 
 For 
                              example, a horse with short hair, exposed to wet, 
                              cold weather, may need significantly more energy 
                              when the temperature gets below 50 degrees 
                              Fahrenheit. A horse acclimatized to cold weather, 
                              with a thick hair coat and fat cover, may not 
                              expend appreciably more energy until the 
                              temperature drops below 30 degrees 
                              Fahrenheit.
 
 Click here for more tips on 
                              helping horses fight cold this 
                              winter.
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                            |   The 
                              "Week Between" Schedule    Ag 
                              futures resume trade for the final days of 2011 
                              this morning- open outcry on livestock trade 
                              starts just after 9 AM while the grain, oilseed 
                              and cotton futures begin trading at 9:30 AM 
                              central. Once trade resumes this morning, it's a 
                              normal schedule for the balance of the week- 
                              through Friday.  There will be no overnight 
                              trade next Sunday night and no open outcry trade 
                              on Monday, January 2, 2012.   Auction 
                              markets are all closed this week between Christmas 
                              and New Year's- at least we have yet to have found 
                              any market that is operating this week- and the 
                              first sales of the new year will come as early as 
                              Monday, January 2nd- as the Joplin Regional 
                              Stockyards up in southwest Missouri is planning a 
                              regular Monday sale that day.  The two 
                              largest Monday auctions in Oklahoma- the Oklahoma 
                              National Stockyards in Oklahoma City and the Tulsa 
                              Stockyards- will not start regular weekly auctions 
                              until Monday, January 9, 2012.      We 
                              have several items listed in our calendar for the 
                              new year already- click here and take a look- and 
                              we invite you to email me with other 
                              meetings that you know about that need to be 
                              listed. We appreciate your help in keeping this 
                              one of the best online calendar listings of events 
                              important to Oklahoma farmers and ranchers. 
                                |  
                          
                          
                            |  Beef 
                              Checkoff Publishes White Paper on Beef Tenderness  The 
                              beef checkoff recently published a white paper 
                              titled, "Animal Age, Physiological Maturity, and 
                              Associated Effects on Beef Tenderness", by J. 
                              Daryl Tatum, Ph.D., Colorado State 
                              University.
 Conventional U.S. 
                              cattle-production systems are designed to provide 
                              consumers with a consistent supply of 
                              high-quality, grain-fed beef, which is preferred 
                              in current mainstream U.S. beef markets (both 
                              domestic and export). In grain-fed beef production 
                              systems, beef calves (steers and heifers) 
                              typically are reared on pastures with their dams 
                              until they are five- to eight-months old. After 
                              weaning, calves either are placed in feedlots 
                              immediately for grain finishing (as "calf-feds") 
                              or grown for a period of time on forage-based 
                              diets, until they are 12 to 18 months old, before 
                              placement in feedlots for finishing (as 
                              "yearlings" or "long-yearlings"). Grain-finished 
                              cattle produced in the United States normally are 
                              harvested between 12 and 24 months of age.
 
 When beef carcasses are presented for 
                              quality grading, USDA graders examine visible 
                              indicators of physiological maturity, which are 
                              used to classify carcasses into maturity groups. 
                              At these young ages, steers and heifers are 
                              expected to produce A-maturity carcasses when they 
                              are graded by USDA. However, some of these cattle 
                              exhibit sufficient degrees of skeletal 
                              ossification to cause their carcasses to be 
                              classified as B-maturity or older, which 
                              significantly reduces carcass value and 
                              marketability.
 
 Click here for a link to read a full 
                              copy of the beef tenderness white 
                              paper.
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                            |  Cattle 
                              Trails Cow-Calf Conference Set for Jan. 6  Cattle 
                              producers looking to pick up the latest 
                              science-based updates on cow-calf management 
                              practices should register now to attend the Jan. 6 
                              Cattle Trails Cow-Calf Conference in Wichita 
                              Falls, Texas.
 The conference is a 
                              collaborative effort between the Oklahoma 
                              Cooperative Extension Service and Texas AgriLife 
                              Extension Service. Its purpose is to help cattle 
                              owners and operators drive their animals to 
                              profit.
 
 "The historic drought of 2011 has 
                              placed an even greater emphasis than normal on the 
                              ability of cattle producers to make the best 
                              production and economic decisions possible for 
                              their specific operations, and that will be a 
                              particular focus of the conference," said Bob 
                              LeValley, Oklahoma State University Cooperative 
                              Extension area livestock specialist.
 
 The 
                              2012 conference will take place at the 
                              Multi-Purpose Events Center, located at 1000 5th 
                              St. in Wichita Falls. The conference will begin at 
                              8:15 a.m. and finish at approximately 2 p.m. Cost 
                              is $25 per participant, which will include a 
                              luncheon meal, refreshment breaks and proceedings 
                              of the topics discussed at the 
                              conference.
 
 Click here for more on this 
                              conference including registration 
                              information.
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                            |     God Bless! 
                              You can reach us at the following: 
                               phone: 405-473-6144  
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