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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 $11.37 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $11.68 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    Monday, 
                              January 16, 2012  |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            |  Featured 
                              Story:Welcome 
                              to MLK Day.      The 
                              day that the country chooses to remember the Civil 
                              Rights Leader of the 1960s is a quasi holiday for 
                              our country.  Government offices are closed, 
                              as are banks and the equity and futures 
                              markets.       That 
                              means no mail service today- and if you needed to 
                              talk to someone at the NRCS or FSA or Extension 
                              office- you'll have to plan to do that tomorrow- 
                              at the earliest.    However, 
                              many other businesses are open as normal today- 
                              and for livestock producers- most of the auction 
                              markets here in our part of the country have their 
                              regular Monday sales planned for this 16th of 
                              January.     Our 
                              email this morning will be a little shorter than 
                              normal- and several elements that have to do with 
                              the markets will be repeated in tomorrow's email 
                              as well.      |  
                          
                          
                            | 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!    Midwest Farm Shows is our 
                              longest running sponsor of the daily farm and 
                              ranch email- and they are busy getting ready for 
                              the Southern Plains Farm Show that comes up April 
                              19-21, 2012.  For information on either an 
                              indoor booth or an outdoor space, contact the 
                              great folks at Midwest Farm Shows at 
                              (507)437-7969- or you can click here for the website for 
                              this show coming to Oklahoma City this 
                              spring.   |  
                          
                          
                            |  Manage 
                              Your Beef Operation to Have Something to 
                              Sell    Manage 
                              your beef cattle operation in such a way that you 
                              will have something to sell. That's the advice of 
                              OSU Extension Beef Cattle Specialist Dr. Derrell 
                              Peel in today's Beef Buzz. Dr. Peel tells us that 
                              if you have beef animals to sell- they will likely 
                              sell for a relatively high price- so if you have 
                              had to cull your beef cow herd because of the 2012 
                              drought and will have fewer calves to sell in the 
                              next year or so- you may want to consider running 
                              a few stockers as you gradually rebuild your mama 
                              cow numbers, assuming you have forage to support 
                              them.
 
 Dr. Peel adds that the market has 
                              made a couple of fundamental shifts when it comes 
                              to input costs over the last couple of years- 
                              including the fact that feed grain prices are now 
                              on a higher plateau- and it's unlikely that we 
                              will see $2 corn again anytime soon. In tandem 
                              with that rise is the way the market is now 
                              valuing forage at a higher level as well. That was 
                              happening even before the historic drought of 
                              2011- which has made hay extremely expensive for 
                              at least this season. Peel believes that as we 
                              pull out of drought and are able to recover our 
                              productive capacity in our pastures and 
                              rangelands- we probably need to manage our forage 
                              resources better going forward, as the pounds of 
                              gain that we can pull off of those fields are 
                              worth more than a while back when pounds of gain 
                              off grain was cheaper.
    Click here for our Beef Buzz for this 
                              Monday - 
                              the Beef Buzz is a regular radio feature heard on 
                              great radio stations across this region on the 
                              Radio Oklahoma Network- we have previous Beef Buzz 
                              shows up on our website- just go to OklahomaFarmReport.Com and click 
                              on the Beef Buzz button on the left hand side of 
                              any page.      |  
                          
                          
                            |  A 
                              Call for Permanency in the Estate Tax    The 
                              following is an editorial set of comments offered 
                              by Kent Bacus, National Cattlemen's Beef 
                              Association manager of legislative affairs. He 
                              opines about the current status of the Estate 
                              Tax.
 
 "If you're like me, you enjoy 
                              watching the History Channel and Discovery 
                              Channel. I enjoy learning about other cultures and 
                              civilizations and listening to experts discuss how 
                              mankind has advanced throughout the years and make 
                              predictions on what the future will hold. Lately, 
                              a theme has revolved around what will happen on 
                              Dec. 21, 2012. Many ancient cultures have 
                              predicted that some major, perhaps apocalyptic, 
                              event will happen on that day. Perhaps the ancient 
                              Mayans were a few days off. For the beef industry, 
                              our real concern is what will happen after Dec. 
                              31, 2012.
 
 
 "One of the most important 
                              issues facing family farmers and ranchers and 
                              small business owners nationwide is the future of 
                              the estate tax, more commonly referred to as the 
                              death tax.
     "As 
                              Congress begins the second session of the 112th 
                              Congress, it's time, once again, to turn our 
                              attention to providing permanent relief from the 
                              death tax. If Congress fails to act by the end of 
                              this year, the estate tax will revert to a 
                              staggering $1 million exemption with a 55 percent 
                              tax rate. Increasing production costs, rising 
                              property values and an uncertain tax code make it 
                              difficult to form a business plan, much less plan 
                              for the future of your estate. We cannot afford 
                              for the estate tax to continue being a political 
                              football that is punted year after year. We need 
                              permanency in the tax code."   There's 
                              more from Bacus- and you can click here to read his full 
                              editorial on why this is a priority issue for 
                              many in agriculture- and his thoughts on how to 
                              approach Congress on this issue in 2012.     
                                |  
                          
                          
                            |  Antibiotic 
                              Resistances From Animal to Human 
                              Overstated    From 
                              the weekly Texas Cattle Feeders electronic 
                              newsletter- we read that Antibiotic 
                              Resistances From Animals To Humans Is Lower Than 
                              Reported, according to research from the 
                              University of Glasgow in Scotland.   British 
                              researchers are calling policies to restrict 
                              antibiotic use in animals "simplistic," citing a 
                              study in which they found few correlations between 
                              antibiotic use in animals and antibiotic 
                              resistance in humans.   The 
                              researchers used long-term surveillance data of 
                              Salmonella typhimurium DT104 from humans and 
                              animals in Scotland. They found that just 22 out 
                              of the 5,200 isolates studied were resistant in 
                              both animals and humans. Of those 22, just five 
                              were identified first in the animal isolates, 
                              suggesting that animals were an unlikely source of 
                              antibiotic resistance in humans.    "We 
                              infer that the sympatric animal population is 
                              unlikely to be the major source of resistance 
                              diversity for humans," according to the report. 
                              "This suggests that current policy emphasis on 
                              restricting antimicrobial use in domestic animals 
                              may be overly 
                              simplistic."
 The 
                              report comes at a time when the European 
                              Parliament is considering proposals to phase out 
                              the precautionary use of some antibiotics in 
                              animals to slow human antimicrobial 
                              resistance.     We 
                              have tracked down the full article from the 
                              University of Glasgow's website- click here to jump across the 
                              Atlantic and take a read.     |  
                          
                          
                            |  Assess 
                              Your Damage as You Consider Pasture Renewal After 
                              Drought    Following 
                              drought, stand damage is readily apparent even on 
                              well-managed pastures. Since the drought occurred 
                              when warm-season grass pastures were actively 
                              growing, it is almost certain that root growth was 
                              restricted, in addition to the more obvious 
                              decline in forage yield. Daren Redfearn of 
                              Oklahoma State University says that the extent of 
                              stand damage due to differences in soil types, 
                              fertility practices, grazing management, pasture 
                              species, and harvest management are somewhat easy 
                              to determine.   Dr. 
                              Redfearn looks at all of these areas- and he tells 
                              us that depending on the amount of stand damage- 
                              grazing can begin again fairly soon. "Slightly 
                              damaged stands (less than 30% stand loss) should 
                              recover quickly with weed control, proper 
                              fertility, and deferred grazing or harvest once 
                              satisfactory growing conditions return. Stands 
                              that are moderately damaged (between 30% and 60% 
                              stand loss) should fully recover with weed 
                              control, proper fertility, and deferred grazing or 
                              harvest."  The fields that have received the 
                              most severe damage- more than a 60% stand loss- 
                              will take a great deal of patience as a land owner 
                              brings them back to full health.     Click here for Dr. Redfearn's full 
                              article on pasture recovery- he will be 
                              offering additional guidance in the form of 
                              several more articles in the next few weeks that 
                              can help point producers in the right direction on 
                              reestablishing your pastures.       
                                |  
                          
                          
                            |  Congrats 
                              to Miss Oklahoma- Betty 
                              Thompson    Betty 
                              Thompson of Davenport did Oklahoma proud on 
                              Saturday evening- as her name was called first 
                              runnerup in the Miss America contest.  
                                    Betty 
                              showed off her amazing talent of Irish Dancing- 
                              and handled the questions asked of her in a very 
                              mature and thoughtful way- and while we believe 
                              she should have won- she was fabulous.     Of 
                              course- we have mentioned to you before that 
                              agriculture had a special interest in Betty's 
                              efforts to become Miss America- she grew up on a 
                              Dairy farm- and had as her Miss Oklahoma platform 
                              the nutritional education of school children- and 
                              specifically speaking to kids about including 
                              dairy in their diets, promoting the idea of "Milk, 
                              it does a body good."       Those 
                              efforts will continue during the remainder of her 
                              year as Miss Oklahoma- and we salute her efforts 
                              in Las Vegas this past week- as well as the 
                              efforts as both Miss OSU and Miss Oklahoma to tell 
                              story of agriculture in such a positive way. 
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                            |     God Bless! 
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                               phone: 405-473-6144   |  |  |