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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 $12.60 per bushel-  2012 
                        New Crop contracts for Canola are now available at 
                        $12.76 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    
                              Wednesday, April 4, 
                              2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  Ethanol 
                              Industry Applauds EPA Approvals Paving the Way For 
                              E15 Fuel  For 
                              the first time, the U.S. Environmental Protection 
                              Agency has approved E15 (gasoline with 15 percent 
                              ethanol) as a registered fuel. This is one step 
                              closer to seeing low-cost, renewable E15 sold into 
                              the American fuels marketplace.
 This is the 
                              most significant development in a three-year 
                              effort to approve sale of the mid-level ethanol 
                              blend, and it follows EPA's approval of health 
                              effects testing of the fuel in 
                              February.
 
 "Our nation needs E15 to reduce 
                              our dependence on foreign oil - it will keep gas 
                              prices down at the pump and help to end the 
                              extreme fluctuations in gas prices caused by our 
                              reliance on fuel from unstable parts of the 
                              world," said Tom Buis, CEO of 
                              Growth Energy. "Today's announcement from EPA 
                              finally puts that goal within reach."
 
 "This 
                              announcement strengthens the ethanol industry's 
                              efforts to innovate and continue to deliver 
                              domestically-produced and affordable alternatives 
                              to foreign oil," said Buis. "With ethanol selling 
                              an average of a dollar a gallon cheaper than 
                              gasoline and $4 a gallon gasoline on the horizon, 
                              we'd encourage all Americans to ask their local 
                              filling station how soon they will see 
                              more-affordable E15."
 
 "American consumers 
                              may soon have some much deserved relief at the 
                              pump. Today's EPA decision clears yet another 
                              major hurdle in bringing E15 to the marketplace. 
                              States in the Midwest have begun to address their 
                              regulatory requirements and perhaps as early as 
                              summer we could see E15 at fuels stations in the 
                              Heartland of America. The future for consumers, 
                              ethanol producers and this country has just gotten 
                              a little brighter, a little stronger," said 
                              Bob Dinneen, President and CEO of 
                              the Renewable Fuels 
                          Association.
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                            | Sponsor 
                              Spotlight   When 
                              you come to Oklahoma City for business or 
                              pleasure- we invite you to check out the 
                              Hyatt Place- OKC Airport, located 
                              at 1818 S. Meridian.  It's a great location, 
                              with spacious guestrooms, free wifi, complimentary 
                              hot breakfast AND a special rate for Ron Hays 
                              Email readers. Click here for the RON rate at the 
                              Hyatt Place OKC airport.  If you have 
                              trouble with this link for any reason- click on 
                              the graphic for the Hyatt Place 
                              on the left hand side of this email- that takes 
                              you to their main page- when you check rates, put 
                              in the Corporate ID Box the number 11272- it's 
                              nice discount off their best available rates- 
                              whether it's the upcoming Southern Plains Farm 
                              Show, State FFA Convention or any other event- 
                              give the Hyatt Place folks a try- you will be 
                              happy you did. 
                                    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.      |  
                          
                          
                            |  CanolaTV- 
                              2012 Winter Canola Field Tours Kick Off April 
                              9th  A 
                              series of educational field tours for canola 
                              growers and prospective canola growers all across 
                              the state kicks off April 9th and runs through 
                              April 12th. Educators, agronomists and marketing 
                              specialists will give presentations and discuss 
                              the ins and outs of successful canola production 
                              at each tour location.
 OSU Extension Canola 
                              Specialist Josh Bushong says 
                              anyone is welcome to attend. He said the program 
                              is intended to help established canola growers 
                              fine tune their management practices and to 
                              encourage potential growers with the knowledge 
                              necessary to understand if canola might be a good 
                              addition to their operations.
 The 
                              tour will make 13 stops in four days.    Click here for a list of locations, 
                              times and presentation topics.      |  
                          
                          
                            |  Good 
                              Producing Cows Could Become Harder to Find, Higher 
                              Priced  Rebuilding 
                              cattle herds thinned out by last year's 
                              devastating drought is on the top of a lot of 
                              producers' minds. Steve Swigert, 
                              an agriculture consultant with the Samuel Roberts 
                              Noble Foundation, says the costs of rebuilding a 
                              herd can be quite high--and the costs are headed 
                              higher. He recently took a look at the economics 
                              of herd rebuilding and offered his findings in the 
                              the foundation's latest newsletter:
 With 
                              the challenges of the 2011 drought, the beef cow 
                              inventory declined 3.1 percent for an annual 
                              inventory of 2011 and prospects for further 
                              decline are evident unless changes occur in cow 
                              slaughter and heifer retention. With this decline, 
                              the 2012 U.S. calf crop stands at 35 million head, 
                              the lowest in 60 years.
 
 With low cow 
                              numbers, historical high prices for weaned calves 
                              and the cost of cows at all-time highs for the 
                              foreseeable future, what does this mean for the 
                              cow/calf producer wanting to rebuild the herd? It 
                              means good producing cows are going to be hard to 
                              find and will be higher priced than in previous 
                              years - possibly exceeding $2,000 per cow. In 
                              addition, it will be more critical to cull 
                              unproductive cows because input costs are 
                              increasing as well.
 
 You can learn more about the factors 
                              to consider for maximum profits when purchasing 
                              cows to rebuild herds by clicking 
                              here.
   |  
                          
                          
                            |  OSU 
                              Specialists Produce Fact Sheets and Videos to Help 
                              Growers Fight Foliar Diseases in Wheat  While 
                              the warm, wet conditions all across the state may 
                              be conducive to vigorous growth of the wheat crop, 
                              the conditions are also favorable for foliar 
                              diseases. If not treated in time, these diseases 
                              can result in significantly lower 
                              yields.
 OSU Extension Wheat Pathologist Dr. 
                              Bob Hunger and OSU Extension 
                              Wheat Specialist Dr. Jeff Edwards 
                              have published a fact sheet about the most 
                              common--and most destructive--foliar diseases 
                              common to Oklahoma. They have also produced a 
                              series of videos to help growers identify and 
                              combat these diseases.
 
 Click here for the fact 
                              sheet.
 
 Dr. Hunger says time is of the 
                              essence in properly treating these diseases and 
                              having the proper information at hand will help 
                              growers make cost-effective decisions. The three 
                              short videos linked below provide an overview on 
                              the proper identification of the major fungal 
                              diseases as well as best management 
                              practices.
 
 Click here for the 
                              videos.
   |  
                          
                          
                            |  Oklahoma 
                              Beef Council Reaches Out to Decision Makers and 
                              Influencers on LFTB    We 
                              have had several stories on the fallout that the 
                              beef industry has faced because of Lean Fine 
                              Textured Beef- or as some in the general media 
                              like to call it- Pink Slime.  As we reported 
                              on Monday, a lot of folks in the beef industry are 
                              really struggling with how to address this attack 
                              on both the image of beef as a highly desirable 
                              food- as well as its safety.  Click here for our Monday Beef Buzz 
                              with Bill Rupp of JBS if you want to review 
                              his concerns about how the industry needs to 
                              respond to this combination assault by ABC News 
                              and social media.     One 
                              way to push back is to allow a cattle producer and 
                              daddy of school aged kids to offer an up front 
                              explanation of what LFTB is- and what it is not- 
                              and then invite dialogue.  That's the 
                              approach that the Oklahoma Beef Council is taking 
                              as they have had Clay Burtrum, 
                              Secretary-Treasurer of the OBC, to author a letter 
                              that has gone out to several key groups discussing 
                              LFTB.  Click here to read Clay's letter, 
                              which explains "Though some media outlets are 
                              reporting this product is a filler, that's not 
                              true. It's beef plain and simple."   The 
                              letter/email/memo has been sent to all School 
                              Nutrition Directors in Oklahoma as well 
                              as Oklahoma school administrators and members 
                              of the Oklahoma Restaurant Association and the 
                              Oklahoma Grocers Association.      Will 
                              this save this long established process of 
                              extracting the last bit of lean pure beef from the 
                              carcass- to mix with 50% beef trimmings for a lean 
                              ground beef product?  It's too early to say- 
                              but  it appears to be one of the immediate 
                              strategies being used by the beef industry to push 
                              back on those that want to do harm.  
                                |  
                          
                          
                            |  Study 
                              Finds Market-Driven Inventory Would Preserve Farm 
                              Income, Lower Taxpayer Costs  The 
                              National Farmers Union (NFU) has released the 
                              final report from a study by the University of 
                              Tennessee Agricultural Policy Analysis Center on 
                              the effects that a Market-Driven Inventory System 
                              (MDIS) would have on U.S. agriculture. Phase I of 
                              the study, released in September 2011, examines 
                              the effects MDIS would have had on extreme crop 
                              price volatility and government payments from 1998 
                              to 2010, while Phase II reviews the effects of 
                              MDIS from 2012 to 2021.
 "The study results 
                              very clearly indicate that MDIS would preserve net 
                              farm income at current levels while significantly 
                              decreasing the cost to taxpayers," said NFU 
                              President Roger Johnson. "From 
                              1998 to 2010, the farm programs that were in place 
                              cost $152 billion, while MDIS policies would have 
                              cost $56 billion over that same period. From 
                              2012-2021, current farm programs are projected to 
                              cost $65 billion while MDIS is projected to cost 
                              $26 billion, a savings of $39 
                              billion."
 
 From 1998 to 2010, the value of 
                              U.S. exports would have increased by $20 billion 
                              under MDIS policies. Also, corn prices would have 
                              been 26 cents per bushel higher, wheat prices 
                              would have been 48 cents per bushel more, and 
                              soybean prices would have increased by $1.09. MDIS 
                              combines a system of farmer-owned commodity 
                              inventories, set-asides, and loan rates to help 
                              decrease the volatility in the market.
 
 Read more about this study and find a 
                              link to the full study by clicking 
                              here.
   |  
                          
                          
                            |  This 
                              N That- More Rainfall Arrives- and So Does Ag Day 
                              at the State Capitol    We 
                              have a snapshot of the rainfall that has fallen 
                              the first half of this week- and while the larger 
                              amounts of the liquid stuff fell in south central 
                              counties- it was a nice surprise to see decent 
                              totals in places like Kenton and 
                              Hooker out in the 
                              Panhandle.  Click here for our graphic from 
                              the Oklahoma Mesonet.     Tomorrow 
                              is Ag Day at the State Capitol in Oklahoma 
                              City.  Several events are planned 
                              during the day- including:   10:00 
                              a.m. - Ag in the Classroom State Contest Award 
                              Winners and Ag in the Classroom State Teacher of 
                              the Year will be honored in the Supreme Court 
                              Hallway (2nd Floor)   10:00 
                              a.m. to 2:00 p.m. - Made in Oklahoma Program 
                              companies and Agricultural Organizations will be 
                              participating in a Mini-Fair on the 4th Floor 
                              Rotunda   1:00 
                              p.m. - Agriculture Hall of Fame Induction Ceremony 
                              - Blue Room (2nd Floor)   Hope 
                              to see you around the Capitol on 
                              Thursday!  
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                            |     God Bless! 
                              You can reach us at the following: 
                               phone: 405-473-6144  
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