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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 $11.83 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $12.08 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    Thursday, 
                              February 16, 2012  |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            |  Featured 
                              Story:AFR 
                              Convention Agenda Addresses Major Policy Concerns 
                              and Issues    The 
                              American Farmers and Ranchers 107th Annual 
                              Convention is coming up this Friday and Saturday 
                              at the Embassy Suites Conference Center in Norman 
                              and AFR President Terry Detrick says the agenda is 
                              a full one.
 Headlining the convention is 
                              House Agriculture Committee Chairman and Oklahoman 
                              Frank Lucas, (R-Cheyenne). This year's convention 
                              theme is "AFR: Honor, Heritage, 
                              Responsibility."
 
 "When discussing a theme 
                              for this year's convention, I thought back on the 
                              past year we've had and the three words, 'Honor, 
                              Heritage, Responsibility,' simplify our focus for 
                              2012," said AFR President Terry Detrick. "With 
                              agriculture being the second largest industry in 
                              Oklahoma, it is our responsibility to help this 
                              industry grow in our state and our farm 
                              organization and insurance companies want to do 
                              just that."
 
 On Saturday, attendees will be 
                              educated and entertained by a slate of speakers 
                              discussing legislative issues, water and 
                              environmental issues, transportation issues, 
                              education, youth program awards and more. Election 
                              results will be announced that afternoon and the 
                              convention will conclude with an evening banquet. 
                              Chairman Lucas will offer the keynote address and 
                              entertainment will be provided by the Dove 
                              Brothers Quartet, Salute to the American Farmer 
                              Tour.
 
 Detrick said one of the major 
                              concerns on farmers' and ranchers' minds this past 
                              year has been the drought and how it affected 
                              their operations. He said one of the difficulties 
                              facing his members is working with lenders. He 
                              said there will be a seminar presented by the 
                              President and CEO of the East Central Farm Credit 
                              on how farmers and ranchers can better communicate 
                              with their lenders.
 
     |  
                          
                          
                            | Sponsor 
                              Spotlight    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.    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! Remember, the annual convention of the 
                              American Farmers & Ranchers comes up in 
                              February at the Embassy Suites Hotel in 
                              Norman.    |  
                          
                          
                            |  Free 
                              Canola U Event Comes To Enid February 
                              28th  It's 
                              time to register for the free Canola U event to be 
                              held in Enid, Oklahoma, February 28th. 
                              
 Attendees at the two Canola U events in 
                              2011 took home increased knowledge and confidence 
                              about making their farm operations more profitable 
                              by rotating winter canola with winter wheat 
                              according to surveys conducted after the 
                              events.
 
 Southern Plains farmers who missed 
                              last year's bandwagon have a chance to catch up 
                              with the third Canola U event to be held February 
                              28th at the Cherokee Strip Conference Center in 
                              Enid, Oklahoma.
 
 Attendees at the first two 
                              events are welcome as well with this month's 
                              Canola U featuring a completely new line up of 
                              topics and information.
 
 While the first two 
                              events were geared solely to new producers, the 
                              upcoming event will also have advanced classes for 
                              those who want to take their production to a 
                              higher level.
 
 For more information on topics and 
                              registration, click here.
   |  
                          
                          
                            |  Is 
                              This Farm Boom Different? KC Fed Explores 
                              Agriculture's Booms and Busts  Today, 
                              U.S. agriculture is in the midst of another farm 
                              boom. Could this time be different? Omaha Branch 
                              Executive Jason Henderson explores this question 
                              in recent articles for the Federal Reserve Bank of 
                              Kansas City's Main Street Economist and Economic 
                              Review. 
 During the 1910s, 1940s and 1970s, 
                              U.S. agriculture experienced soaring export 
                              demand, which boosted farm profits. At the same 
                              time, low interest rates quickly translated rising 
                              incomes into booming farmland values, especially 
                              during the 1910s and 1970s. Past prosperity 
                              wilted, however, as global demand shifted, capital 
                              investments led to increased agricultural 
                              supplies, and leaner farm incomes were unable to 
                              support record-high farmland prices, especially at 
                              higher interest rates.
 
 Robust export 
                              activity, strong bio-fuels demand and low interest 
                              rates have spurred another farm income and 
                              farmland value boom. Despite the vast similarities 
                              to past booms, Henderson notes that farmers today 
                              have hesitated to accumulate debt in financing new 
                              investments. Will limited farm debt and leverage 
                              be enough to keep any correction in agricultural 
                              profits from spiraling into a farm 
                              bust?
 
 You 
                              can read more of the Kansas City Fed's analysis on booms 
                              and busts by clicking here.   |  
                          
                          
                            |  Weed 
                              Control Can Help Pastures Rejunvenate This Spring 
                              After the Drought of 2011  Many 
                              producers struggled in 2011, facing volatile 
                              weather conditions that included severe drought 
                              throughout the South and flooding in the northern 
                              Plains. With an emphasis on rebuilding 
                              profitability in 2012, we talked with DuPont range 
                              and pasture manager Roxy Gutschenritter at the 
                              recent Cattle Industry Convention and got her 
                              recommendations that can help producers 
                              reestablish healthy, productive pastures and 
                              benefit their bottom lines. 
                              
 
 Gutschenritter told us in Nashvlle 
                              that a lot of our pastures in the southern plains 
                              were badly beaten down during the drought of 2012- 
                              and that with moisture, we can hope to see some 
                              gradual recovery this spring. She believes a key 
                              is to stay ahead of weeds which have a lot of 
                              space to jump ahead of the pasture and get growing 
                              this spring because of the drought beatdown. That 
                              makes weed control perhaps more important this 
                              year than any in recent memory. If you catch those 
                              weeds relatively small, control can be more 
                              complete and much easier than if you wait until 
                              later in the season.
 
 
 In addition to 
                              drought and flood recovery recommendations, Roxy 
                              also visited with us on the new range and pasture 
                              products and resources DuPont will introduce in 
                              2012 and 2013.
 
 To hear more of Ron's interview with 
                              Roxy Gutschenritter, click here.
   |  
                          
                          
                            |  'Backgrounding 
                              for Quality' Field Day Focuses on Profitability  Everybody 
                              is paying more for cattle now than ever 
                              before.
 That should be reason enough to 
                              attend the "Backgrounding for Quality" field day, 
                              says Gary Fike, of Certified Angus Beef LLC 
                              (CAB).
 
 Set for Thursday, March 8 from 2 
                              p.m. to 7 p.m., the event aims to help stocker 
                              operators reach profitability by focusing on their 
                              output. White Brothers Cattle Co. will host 
                              attendees at their ranch south of Chickasha, 
                              Okla.
 
 "With tight feeder calf supplies, 
                              rising feed costs and all the other market 
                              dynamics, backgrounders may have to manage cattle 
                              a little differently than they have in the past," 
                              says Fike.
 
 The speakers will provide data 
                              and ideas.
 
 For more information on this free 
                              field day, click here.
   |  
                          
                          
                            |  Senators, 
                              NCBA Support Science-Based Trade Standards  A 
                              bipartisan group of 31 United States senators, led 
                              by Sen. Chuck Grassley (R-Iowa), sent a letter to 
                              the Office of Management and Budget and the U.S. 
                              Department of Agriculture's Animal and Plant 
                              Health Inspection Service urging the agencies to 
                              finalize a comprehensive rule for Bovine 
                              Spongiform Encephalopathy (BSE), which has been a 
                              work in progress since 2004. The senators said the 
                              lack of a comprehensive rule has harmed U.S. beef 
                              trade. 
 "Non-tariff trade barriers limit 
                              our ability to sell beef to consumers in other 
                              countries," the senators penned. "Beef producers 
                              need our trade negotiators to significantly reduce 
                              or eliminate non-tariff trade barriers by 
                              requiring our trading partners to make 
                              science-based decisions regarding U.S. beef. By 
                              the same logic, it is also important for our 
                              government to take the necessary steps to properly 
                              address risk related to BSE by adopting a 
                              comprehensive rule."
 
 Citing an example of 
                              trade relations between the United States and 
                              Mexico, the senators said non-science based 
                              standards have limited the United States' ability 
                              to sell beef in Mexico. While the International 
                              Organization for Animal Health (OIE) has 
                              recognized both Mexico and the United States as 
                              controlled risk countries, meaning both countries 
                              have effective BSE risk mitigation measures in 
                              place, since 2004, Mexico has not allowed the 
                              importation of U.S. cattle over 30 months of age. 
                              The senators said this restriction has resulted in 
                              U.S. beef producers losing $100 million 
                              annually.
 
 You can read more about science-based 
                              trade standards by clicking here.
   |  
                          
                          
                            | Class 
                              XV of the Oklahoma Ag Leadership  Program 
                              to Arrive in Scotland midday today Oklahoma 
                              time 
     And 
                              so it begins. Class XV of the Oklahoma Agriculture 
                              Leadership Program has begun a twenty four day of 
                              travels that will end up in Edinburg, Scotland. 
                              That's the first stop for the International Travel 
                              Experience of this group of young agricultural 
                              professionals. Between now and the 27th of 
                              February, the group will visit at least eight 
                              farms, three research facilities as well as the 
                              European Headquarters for Alltech. Add in a dose 
                              of culture and some meetings with government and 
                              farm organization leaders- and you have a busy 
                              schedule for the Class that will be spending time 
                              in both Scotland as well as Ireland.   The 
                              Oklahoma Agricultural Leadership Program is a 
                              joint effort between Oklahoma State University and 
                              private stakeholders in the Oklahoma agricultural 
                              community. Class One of the OALP was funded by a 
                              grant by the Kellogg Foundation- since that time, 
                              the program has operated on the support of the 
                              farm community, major donors like the Noble 
                              Foundation and support from the Alumni of the 
                              program.   I 
                              have been honored to serve for a lot of years as 
                              the Chairman of the OALP Advisory Council- and I 
                              am very excited to be on this international 
                              journey with the class over the next several 
                              days.  Daily- we will have one or two stories 
                              from Scotland and Ireland as the OALP class moves 
                              across the countryside- that's here on this 
                              email.  We will also be posting stories on 
                              our website- click here for that webpage- and 
                              we will have pictures posted as the days go by- 
                              that will be in a special Flickr set that can be 
                              found by clicking here.    One 
                              last word on OALP- even as Class XV winds down- we 
                              will be interviewing for a new class in a matter 
                              of a couple of months- and the program might be a 
                              perfect learning experience for you.  Click here for the OALP websiteto 
                              learn more about what the two year program is all 
                              about. |  |  
                      | 
                          
                          
                            |     God Bless! 
                              You can reach us at the following: 
                               phone: 405-473-6144  
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