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                        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 $11.87 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $12.02 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, January 
                              3, 
                          2012  |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            |  Featured 
                              Story:Happy 
                              New year!!!      Can 
                              you believe it?  It's a brand new year- and 
                              here in the southern plains- many locations are 
                              starting 2012 in much better shape when it comes 
                              to soil moisture compared to the start of 2011. 
                                  This 
                              week- we will get a hint of the condition of the 
                              2012 Hard Red Winter Wheat Crop as we look at the 
                              December Crop report from NASS- to be sure- there 
                              are areas that continue to be very worried about 
                              enough water.  I was talking with a friend 
                              from southwest Oklahoma over the weekend- and he 
                              says that Lake Altus Lugert continues to be a very 
                              sad and very serious situation. The website for 
                              the lake- click here - shows that we remain about 
                              27 feet below normal- and that the lake is 17.47% 
                              full at this time.   My 
                              friend related that the north end of the lake has 
                              not had water for quite some time- and that you 
                              could walk from the north end of the lake on dry 
                              land for a long ways before finally touching 
                              water.  SO- that remains a major worry for 
                              irrigation prospects for 2012 in southwestern 
                              Oklahoma.     The 
                              Panhandle also has soil moisture profile worries 
                              as we begin the year- but other areas of the state 
                              seem to be much better after the rain and snow of 
                              November and December.   As 
                              we begin the new year, today (Tuesday) is the 
                              first day of agricultural futures trade for 2012- 
                              and our feeder cattle auctions resume sales after 
                              the Christmas and New Year Holidays- one market 
                              that has already begun their 2012 sales is the 
                              Joplin Regional Stockyards- click here for their first auction 
                              report of the new year.      |  
                          
                          
                            | Sponsor 
                              Spotlight   It 
                              is great to have as an annual sponsor on our daily 
                              email Johnston Enterprises- proud to be 
                              serving agriculture across Oklahoma and around the 
                              world since 1893. One of the great success stories 
                              of the Johnston brand is Wrangler Bermudagrass- 
                              the most widely planted true cold-tolerant seeded 
                              forage bermudagrass in the United States. For more 
                              on Johnston Enterprises- click here for their 
                              brand new website!    And 
                              we salute our longest running email sponsor- 
                              Midwest Farm Shows, producer of the 
                              springtime 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!       ALSO- 
                              you may want to check out last Friday's Legendary 
                              Restaurant- Grapevine Cafe in Altus. Click here for a look at this great 
                              deal on this wonderful lunch spot in southwest 
                              Oklahoma.         |  
                          
                          
                            |  BOLD 
                              Study Shows Lean Beef Can be Good for Heart 
                              Health    New 
                              research shows that eating lean beef every day can 
                              be good for heart health by improving cholesterol 
                              levels. That's what a new checkoff-funded study 
                              called BOLD (Beef in an Optimal Lean Diet) shows - 
                              that adding lean beef to the most recommended 
                              heart-healthy diet can lower heart disease risk by 
                              reducing levels of total and LDL "bad" 
                              cholesterol.   We 
                              have a special digital edition of the Beef Buzz 
                              featuring Dietician Karen Meyers, who is a 
                              nutritional consultant for the Oklahoma Beef 
                              Council, featuring a conversation that we have had 
                              with her about the BOLD study.   "The 
                              BOLD study provides new research that health 
                              professionals can use to update their dietary 
                              recommendations with scientific findings 
                              showcasing how lean beef can maintain and even 
                              improve heart health," says Brian Healey, cow-calf 
                              producer from Davis, Okla. and member of the 
                              checkoff's Joint Human Nutrition Research 
                              Committee.   Click here for our first of the year 
                              Beef Buzz- featuring Karen Meyers as we talk 
                              BOLD with this Nutritional Consultant of the 
                              Oklahoma Beef Council.         |  
                          
                          
                            |  Beef 
                              Cattle Producer Steve Fogelsong Featured as 
                              McDonald's Supplier in TV 
Ads   McDonalds 
                              is starting 2012 by producing three indivdual 
                              farmers who are suppliers for the Golden Arches. 
                              One is a potato farmer, a second is a lettuce 
                              producer- and the third- former National 
                              Cattlemen's Beef Association President Steve 
                              Fogelsong. His ranch is in Illinois and it is 
                              spotlighted in the ads developed by McDonalds to 
                              show consumers they have the products they serve 
                              being produced by real farm families. In the case 
                              of the Fogelsongs, the video includes Steve, his 
                              two sons and their kids- Steve's grandsons. 
 
 According to the McDonalds YouTube 
                              site- "Three generations of Foglesongs work 
                              together every day to raise the kind of high 
                              quality beef that make some of the most iconic 
                              hamburgers in the world.
 
 
 "Our 
                              commitment to quality food starts at the source. 
                              Meet more of the hard-working people behind your 
                              McDonald's favorites."
 
 for you to 
                              take a look at- it will make you feel mighty good 
                              about the beef cattle business.
 
       |  
                          
                          
                            |  California's 
                              Low Carbon Fuel Standard 
                              Unconstitutional    A 
                              judge in Federal District Court in Fresno, 
                              California, has ruled that the State of 
                              California's Low Carbon Fuel Standard is 
                              unconstitutional.  Judge Lawrence J. O'Neill 
                              agreed with the arguments that the LCFS is in 
                              violation of the Commerce Clause in the U.S. 
                              Constitution. The Commerce Clause specifically 
                              forbids state laws that discriminate against 
                              out-of-state goods and that regulate out-of-state 
                              conduct.     On 
                              this claim the Court found that the LCFS 
                              discriminates against out-of-state corn-derived 
                              ethanol and impermissibly regulates 
                              extraterritorial conduct.   As a result, 
                              the Court issued an injunction. Judge O'Neill also 
                              ruled that CARB failed to establish that there are 
                              no alternative methods to advance its goals of 
                              reducing Green House Gas emissions to combat 
                              global warming.   In 
                              a joint statement, RFA President and CEO Bob 
                              Dinneen and Growth Energy CEO Tom Buis said - the 
                              state of California overreached in creating its 
                              low carbon fuel standard by making it 
                              unconstitutionally punitive for farmers and 
                              ethanol producers outside of the state's border. 
                              With this ruling, it is our hope that the 
                              California regulators will come back to the table 
                              to work on a thoughtful, fair, and ultimately 
                              achievable strategy for improving our environment 
                              by incenting the growth and evolution of American 
                              renewable fuels.    Click here for more on that joint 
                              statementfrom the ethanol industry on this 
                              California ruling.    
                            |  
                          
                          
                            |  Cash 
                              Cattle Trade Slips Lower as 2011 Grinds to a 
                              Close   The 
                              final cattle market review for 2011 has been 
                              released by Ed Czerwien of the Amarillo, Texas 
                              Market News Office of USDA. Czerwien says that 
                              weekly slaughter in December was dialed back 
                              compared to earlier in the fall, with December 
                              weekly average slaughter numbers totalled 465,000 
                              head a week versus an average of 510,000 head 
                              slaughtered weekly in October.   
 Cash 
                              cattle trade was light once again in the final 
                              week of the year, with prices on a live basis 
                              called one to three dollars cheaper in the 
                              Texas-Oklahoma feedlots from $121 to 
                              $122.
 
 
 provided by Ed Czerwein of the 
                              Amarillo Market News office
 
   |  
                          
                          
                            |  US 
                              Fluid Milk Sales Continue to Shrink as 2011 Draws 
                              to a Close    According 
                              to dairy industry reporter John Kaczor, fluid milk 
                              sales have declined throughout 2011- and are 
                              ending the old year substantially smaller than 
                              2010. He writes in the latest Milk Producers 
                              Newsletter that he edits "This is not how the 
                              final story for this year should end, but the 
                              long, sad story about declining fluid milk sales 
                              in the U.S. simply has not changed as the year 
                              progressed. The monthly decline below the same 
                              month a year earlier that began with March, 2010, 
                              shows no sign of stopping. CDFA's November report 
                              for California (-2.7%) and preliminary numbers for 
                              fluid milk usage in federal milk orders (-3.3%) 
                              add up to a total decline in fluid milk sales for 
                              the month of 143 million lbs below last November. 
                              The total loss of Class 1 sales for the U.S. for 
                              this year, provided December's sales reflect 
                              November's pattern, will be close to 1.2 billion 
                              lbs.   Click here for more details from 
                              Kaczor in his weekly Milk Producers 
                              Newsletter. 
                        
 
 
 |  
                          
                          
                            |   In 
                              Case You Missed It- Our Take on Top Events and 
                              People in 2011      This 
                              past Friday- when a lot of folks were off already 
                              for the New Year's Holiday weekend- we took pretty 
                              much the entire final email of the year and 
                              reflected on not a Top Ten List of Stories- but 
                              rather five major events and people that impacted 
                              Oklahoma farming, ranching and rural Oklahoma in 
                              2011.      We 
                              invite you to look back in your INBOX for the 
                              Friday December 30th Email- or you can click here to jump to the 
                              Friday email posting of it that we have on our 
                              website.     Much 
                              of what we wrote about this past Friday will 
                              continue to be things and people that we will be 
                              following closely in the new year as well- as we 
                              get ready for quite a ride in 2012!     |  |  
                      | 
                          
                          
                            |     God Bless! 
                              You can reach us at the following: 
                               phone: 405-473-6144   |  |  |