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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 $12.01 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $12.28 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, 
                              March 8, 
                          2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            |  Featured 
                              Story:House 
                              Agriculture Committee Adopts Budget Views and 
                              Estimates Letter  
    The 
                              House Agriculture Committee adopted the budget 
                              views and estimates letter which outlines the 
                              committee's budget recommendations for the 
                              agencies and programs under its jurisdiction for 
                              fiscal year 2013. The letter will be submitted to 
                              House Budget Committee Chairman Paul Ryan of 
                              Wisconsin as required by section 301(d) of the 
                              Congressional Budget Act of 1974, as well as House 
                              Rule X, clause 4(f). 
 "For the past year, 
                              this Committee has worked to identify areas for 
                              potential deficit reduction while also seeking 
                              ways to stimulate job creation. We will continue 
                              that work in 2012, primarily through the 
                              reauthorization of the Farm Bill. Ultimately, our 
                              goal is to craft fiscally responsible policy that 
                              helps farmers and ranchers across the country 
                              thrive," said Chairman Frank 
                              Lucas.
 
 "We have already 
                              demonstrated that we can step up and be fiscally 
                              responsible while providing a safety net for 
                              America's farmers and America's hungry. This 
                              letter makes clear that if the Agriculture 
                              Committee is allowed to do its job, we will work 
                              together and reduce the deficit in a responsible 
                              way while continuing to best represent our 
                              constituents," said Ranking Member Collin 
                              Peterson.
 
 You can read the Views and Estimates 
                              letter by clicking here.
   |  
                          
                          
                            | Sponsor 
                              Spotlight      It is great to have as a 
                              regular sponsor on our daily email 
                              Johnston Enterprises- proud to be 
                              serving agriculture across Oklahoma and around the 
                              world since 1893. Service was the foundation upon 
                              which W. B. Johnston established the company. And 
                              through five generations of the Johnston family, 
                              that enduring service has maintained the growth 
                              and stability of Oklahoma's largest and oldest 
                              independent grain and seed dealer. Click here for their website, 
                              where you can learn more about their seed and 
                              grain businesses. 
                                    We are pleased to have 
                              American Farmers & Ranchers Mutual 
                              Insurance Company as a regular sponsor of 
                              our daily update. On both the state and national 
                              levels, full-time staff members serve as a 
                              "watchdog" for family agriculture producers, 
                              mutual insurance company members and life company 
                              members. Click here to go to their AFR 
                              website to learn more about their efforts to 
                              serve rural America! 
                                    |  
                          
                          
                            |  CRP 
                              General Sign-Up Deadline Approaching 
                              Fast  U.S. 
                              Agriculture Secretary Tom Vilsack 
                              reminded landowners, farmers and ranchers that the 
                              opportunity to enroll in the Conservation Reserve 
                              Program (CRP) general sign-up 43 is approaching. 
                              Producers who want to offer eligible land for 
                              CRP's competitive general sign-up can enroll March 
                              12 through April 6, 2012, at their Farm Service 
                              Agency (FSA) service center. 
 CRP is a 
                              voluntary program that assists farmers, ranchers 
                              and other agricultural producers to protect their 
                              environmentally sensitive land. Producers 
                              enrolling in CRP plant long-term, 
                              resource-conserving covers in exchange for rental 
                              payments, cost-share and technical 
                              assistance.
 
 Producers are encouraged to 
                              contact their local FSA service center or visit FSA's website for additional 
                              information regarding CRP by clicking 
                              here.
    |  
                          
                          
                            |  Beef 
                              Exports Strong, Record Prices Signal Caution 
                              Domestically  Beef 
                              exports remain strong while domestic sales remain 
                              somewhat sluggish into the new year says 
                              Jim Robb, executive director of 
                              the Livestock Market Information Center based in 
                              Denver, Colorado.
 Robb says the demand in 
                              exports grew at an 11-percent rate year-over-year 
                              according to the last six weeks of data from the 
                              USDA.   He says the rate of growth 
                              is quite a bit more than had been anticipated, but 
                              the market retains some volatility with buyers 
                              stepping in and out. Surprisingly, he said, the 
                              biggest gains in export demand come from Mexico.
 
 "Incomes are moving up. Their economy 
                              seems to be getting a little bit better in 
                              parallel with the U.S. and they had sort of 
                              switched focus away from beef a little bit in 
                              recent years toward more pork product. It appears 
                              the Mexican market is coming back a little bit to 
                              beef," he says.
 
 More of Jim Robb's analysis and the 
                              full Beef Buzz interview are available by clicking 
                              here.
   |  
                          
                          
                            |   National 
                              Farmers Union (NFU) delegates adopted a Special 
                              Order of Business at their 110th Annual Convention 
                              of the organization on Wednesday that calls for a 
                              separation of the Federation of State Beef 
                              Councils from the National Cattlemen's Beef 
                              Association.     The 
                              President of the American Farmers & Ranchers- 
                              Terry Detrick- argued against the 
                              resolution behind closed doors for the last 
                              several days as well as on the floor of the 
                              delegate session on Wednesday.  Detrick is a 
                              representative of the Cattlemen's Beef Promotion 
                              Board for Oklahoma- and he says that while there 
                              was a lot of concern from an audit released in 
                              2010- that the problems uncovered have been 
                              addressed- and that the process is "squeaky 
                              clean."  
 It's not just the Beef 
                              Checkoff issue that has kept Detrick busy while 
                              helping represent Oklahoma as one of the largest 
                              Farmers Union states in the organization.  
                              Detrick explains that AFR is much more 
                              conservation than the "boys up north" and that AFR 
                              policy is often at odds with the NFU positions 
                              taken by the delegates and the Executive 
                              Committee.
   It 
                              appears that Detrick will have the chance to be 
                              the conservative conscience of the generally 
                              liberal farm group- as he has been selected to go 
                              onto and serve on the Executive Committee of the 
                              NFU this year.  Click here for our special audio 
                              report that features our Wednesday evening 
                              conversation with this wheat and cattle producer 
                              from Ames, Oklahoma.     We 
                              also have the NFU's News release on their special 
                              orders that  covered a wide range of 
                              issues.  You can read more about them by 
                              clicking here.     Our 
                              friend and colleague Chris Clayton of DTN has been 
                              in Omaha this week- and he wrote on the debate 
                              over the Beef Checkoff- click here to read his article on 
                              the Wednesday debate.     |  
                          
                          
                            |  Lawmakers 
                              Urge Obama Administration to Support Biodiesel  A 
                              bipartisan group of 60 members of Congress from 
                              across the country has signed letters to the White 
                              House urging the Obama Administration to follow 
                              through with the EPA's proposal to increase the 
                              biodiesel volume requirement under the Renewable 
                              Fuel Standard (RFS) next year. 
 "The 
                              skyrocketing gas prices we're seeing should remind 
                              us all why Congress - with overwhelming bipartisan 
                              support - started the RFS in the first place, 
                              which was to diversify our energy supplies and 
                              limit our vulnerability to just these kinds of 
                              price spikes," said Anne Steckel, vice president 
                              of federal affairs at the National Biodiesel 
                              Board. "This is strong energy policy and we 
                              shouldn't shy away from it now."
 
 At issue 
                              is an EPA proposal to increase the biodiesel 
                              volume requirement under the RFS to 1.28 billion 
                              gallons in 2013. Late last year, the Obama 
                              Administration delayed the decision, saying it 
                              needs further review, and the EPA could issue a 
                              final rule within weeks. Biodiesel has been a 
                              highlight of the RFS so far, exceeding its volume 
                              requirement last year with record production of 
                              1.1 billion gallons. An Administration decision to 
                              rescind the modest increase to 1.28 billion 
                              gallons would stunt the industry's growth and 
                              likely lead to plant closures and thousands of 
                              lost jobs.
 
 "This really should be an 
                              easy decision for the Obama Administration," 
                              Steckel said. "We're talking about modest growth 
                              for the only EPA-designated Advanced Biofuel 
                              that's in commercial-scale production across the 
                              country today. It is directly in line with 
                              President Obama's call for an 'all of the above' 
                              energy approach and his focus on clean, domestic 
                              production. And it will create thousands of jobs 
                              across the country while improving air quality and 
                              reducing greenhouse gas 
                              emissions."
 
 You can access the Senate's and the 
                              House's letters as well as read more about 
                              lawmakers' support for biodiesel by clicking 
                              here.
   |  
                          
                          
                            |  Conservation 
                              Compliance v. Conservation Incentives--A False 
                              Choice?  "I 
                              appreciate Secretary Vilsack's support of 
                              conservation incentives, but I believe that he has 
                              created a false choice between incentive-driven 
                              conservation and conservation compliance," said 
                              Jon Scholl, President of American Farmland Trust 
                              (AFT). "Conservation compliance is nothing more 
                              than an incentive for farmers with highly 
                              sensitive lands to follow a few basic conservation 
                              practices. When I talk to farmers, they recognize 
                              that conservation compliance is crucial for the 
                              long-term health of our soil."
 Put in place 
                              in the 1985 Farm Bill, conservation compliance is 
                              a set of minimum conservation standards that 
                              farmers with sensitive lands must follow in order 
                              to receive federal farm subsidies. Compliance 
                              helps reduce erosion and protect our productive 
                              soils on the farmland that is most vulnerable to 
                              erosion, while also protecting wetlands. No farmer 
                              is required to follow conservation compliance, but 
                              if a farmer is not in compliance, USDA will 
                              temporarily withhold certain benefits-including 
                              commodity, disaster, and conservation payments and 
                              loans-until the farmer comes back into compliance.
 
 Currently, compliance requirements do not 
                              attach to the federal insurance premium support 
                              that farmers receive when they purchase crop 
                              insurance. Compliance was attached to crop 
                              insurance subsidies in 1985, but was later removed 
                              in 1996 to help encourage producers to purchase 
                              crop insurance. Today, program participation is 
                              not an issue, with over 80 percent of commodity 
                              farmers signed up. As crop insurance becomes the 
                              centerpiece of the farm safety net going forward, 
                              and direct payments go away, farmers will have 
                              much less of an incentive to follow conservation 
                              compliance.
 
 To read more of Jon Scholl's and the 
                              AFT's views on conservation compliance, click 
                              here.
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                            |  Ag 
                              Day is Today!!!    It's 
                              Ag Day 2012- and one way to celebrate is to stop 
                              and consider how agriculture touches the lives of 
                              every American in a profound way.  You give a 
                              tip of the hat to the bounty of American 
                              Agriculture  everytime you go out to lunch 
                              with friends, put on that cotton shirt and pair of 
                              blue jeans- or stop at the gas pump and fill up 
                              with an E-10 blend of gas and ethanol.     Agriculture 
                              touches the lives of millions- and one of the 
                              things I like to stop and remember is that the 
                              fabric of our rural society is based in the work 
                              ethic that our kids learn on the farm or ranch- 
                              polishing that ethic through 4-H and FFA.  
                                  We 
                              have posted the winning video essay from this 
                              year's Ag Day celebration- click here and go and take a look 
                              at the creativity of this young lady from Ohio- 
                              and offer a word of thanks to everyone in the farm 
                              and ranch pipeline on this special day!     |  |  
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                            |     God Bless! 
                              You can reach us at the following: 
                               phone: 405-473-6144  
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