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                        weekdays- if you missed this morning's Farm News - or 
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                        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 $12.33 per bushel at the Northern 
                        Ag elevator in Yukon as of the close of business 
                        yesterday.   Futures 
                        Wrap:   Our 
                        Daily Market Wrapup from the Radio 
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                        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, 
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                            | Oklahoma's 
                              Latest Farm and Ranch News  
                                Your 
                              Update from Ron Hays of RON    
                              Tuesday, 
                              August 28, 
                            2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  Oklahoma 
                              Rain Raises Wheat Pasture 
                              Prospects  Oklahoma 
                              State University Extension Livestock Marketing 
                              Specialist Derrell S. Peel 
                              analyzes market conditions for wheat pasture in 
                              the latest Cow-Calf Corner of the Extension 
                              newsletter.
 Much of Oklahoma has 
                              received some rain the past ten days, with a broad 
                              swath of the state receiving significant rain this 
                              past weekend. Recent rain totals vary from less 
                              than one inch up to about three inches. Moisture 
                              combined with cooler temperatures (and cooler soil 
                              temperatures) has wheat producers thinking about 
                              planting wheat for grazing. While conditions are 
                              developing favorably at this time, additional 
                              timely moisture will be needed to make wheat 
                              pasture a reality. Nevertheless, some wheat 
                              planting could begin in the next couple of weeks.
 
 Market conditions for winter grazing 
                              appear to be favorable as well, though producers 
                              may need to consider stocker enterprises that are 
                              somewhat different than the traditional stocker 
                              system. Historically, there is a strong preference 
                              for very lightweight stockers in Oklahoma, with 
                              many stocker calves purchased in the 375-500 pound 
                              range. With typical winter gains, this often 
                              results in feeders marketed in late February or 
                              early March at weights ranging from 675 to 750 
                              pounds. This system worked well in the past and, 
                              in fact was often the most economical stocker 
                              alternative. Cattle markets have changed 
                              dramatically and may make this system much less 
                              attractive if not infeasible this year.
 
 The 2012 drought reduced feeder prices 
                              this summer with impacts expected to continue 
                              until next summer due to high grain prices. 
                              Lightweight calf and stocker prices dropped 
                              sharply through July but have bounced back 
                              strongly in the past two weeks. Four-weight steer 
                              prices in Oklahoma have increased about $15/cwt. 
                              since the end of July. Heavy feeder prices dropped 
                              less than calves but have recovered only about 
                              $4/cwt. in the past month.
   To 
                              read more of Derrell's assessment of wheat pasture 
                              economics, click here.   |  
                          
                          
                            | 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- to learn more about their efforts to 
                              serve southern agriculture- check out 
                              the PCOM website- go there by clicking 
                              here.      We 
                              are proud to have KIS 
                              Futures as 
                              a regular sponsor of our daily email update. KIS 
                              Futures provides Oklahoma Farmers & Ranchers 
                              with futures & options hedging services in the 
                              livestock and grain markets- Click here for the free market quote 
                              page they 
                              provide us for our website or call them at 
                              1-800-256-2555- and their iPhone App, which 
                              provides all electronic futures quotes is 
                              available at the App Store- click here for the KIS 
                              Futures App for your iPhone.      |  
                          
                          
                            |  Rainfall Does 
                              Little to Improve Crop Conditions Across 
                              Oklahoma  Every 
                              Oklahoma Mesonet station recorded rainfall during 
                              the past week with a state average of 0.89 of an 
                              inch. Most of the precipitation fell over the 
                              weekend, but was only a fraction of what is needed 
                              for drought relief, and has had little effect on 
                              the row crops in the ground. Conditions for corn, 
                              sorghum and soybeans were rated mostly fair to 
                              poor, while cotton was rated mostly poor and 
                              peanuts were rated mostly good. Hay conditions 
                              continued to be rated poor to very poor. Click here for the weekly Oklahoma 
                              Crop Weather report.   Most 
                              of Kansas received much-needed rain, but row crops 
                              improved only slightly. Corn harvest is 25 percent 
                              complete, with 74 percent of the crop listed in 
                              poor or very poor condition. For more of the 
                              Kansas Crop Progress report, click here.   Scattered 
                              showers were reported across much of Texas last 
                              week with corn, cotton, and sorghum conditions 
                              improving slightly. Peanuts have made good 
                              progress with little disease pressure reported. For more from Texas, click 
                              here.   |  
                          
                          
                            |  National 
                              Crop Progress Report Shows Early Corn Harvest and 
                              Awful Pasture Conditions    USDA's 
                              Crop Progress report from the National 
                              Agricultural Statistics Service (NASS) released 
                              Monday confirmed the continuing early harvest 
                              season. Six percent of the corn is harvested 
                              in the 18 most corn producing states so far this 
                              season, while the average for the time of year is 
                              approximately two percent.   This 
                              week, 11 states reported harvesting corn this 
                              early in the season. Indiana, Iowa and 
                              Pennsylvania began harvesting since last week's 
                              report. According to the NASS report, 26 percent 
                              of the corn crop is mature and 76 percent is 
                              dented. This time last year, seven percent of 
                              the crop condition qualified as mature.     While 
                              harvest continued, corn condition took a slight 
                              dip from last week, with 22 percent in good to 
                              excellent condition and 52 percent in very poor to 
                              poor condition, one percent higher than last week. 
                              Undesirable soybean condition 
                              similarly increased one percentage point from last 
                              week with 38 percent in poor to very poor 
                              condition.  Pasture conditions 
                              remained at 59% poor to very poor nationally, with 
                              four states topping the ninety percentile level of 
                              being poor to very poor when it comes to their 
                              pasture and range conditions. Missouri remains at 
                              99% poor to very poor, while Nebraska rates 
                              pasture conditions 95% poor to very poor- and 
                              Kansas checks in at 92% poor to very poor. 
                              Illinois is the fourth state in this poor of 
                              shape- at 90%  poor to very poor.
 
 Issac- the storm- is likely to improve 
                              moisture levels in both Arkansas (with 84% poor to 
                              very poor pasture conditions) as well as Missouri 
                              as it comes ashore later in the week.  For 
                              the current snapshot of all of the major crop 
                              conditions nationally at the beginning of this 
                              week- click here for the USDA Crop Progress 
                              Report.
 
 
 
   |  
                          
                          
                            |  OSU-Developed 
                              GreenSeeker Sensor Now Commercially Available  Trimble 
                              has introduced the GreenSeeker handheld crop 
                              sensor, an easy-to-use measurement device designed 
                              to assess the health of a crop. Readings taken 
                              with the GreenSeeker handheld can be used to make 
                              objective decisions regarding the amount of 
                              fertilizer to be applied to a crop, resulting in a 
                              more efficient use of inputs.
 This is the 
                              commercial version of the Pocket NDVI sensor that 
                              Oklahoma State University developed in 2010. The 
                              first pocket sensors were given to select 
                              producers as a way to field test the new 
                              technology. With the feedback received from those 
                              using the Pocket Sensor, OSU worked closely with 
                              Trimble in the development and vetting of the 
                              GreenSeeker Handheld unit. After rigorous testing 
                              OSU concluded the GreenSeeker handheld and the 
                              original GreenSeeker unit produced the same values 
                              and could be used interchangeably. The 
                              introduction of a low cost, user friendly NDVI 
                              sensor will aid in the implementation and adoption 
                              of the N-Rich Strip and Sensor Based N 
                              recommendations, not only in Oklahoma but across 
                              the world.
 
 Operators position the handheld 
                              sensor over a plant, pull the trigger, and the 
                              GreenSeeker handheld instantly calculates the 
                              Normalized Difference Vegetation Index (NDVI), 
                              which represents the health of the plant. By 
                              gathering several readings from plants throughout 
                              a field, users can better determine the overall 
                              health and needs of a crop. This can result in a 
                              more efficient use of fertilizer, which benefits 
                              both the farmer's bottom line and the 
                              environment.
 
 Click here to read more about 
                              OSU's GreenSeeker technology.
   |  
                          
                          
                            |  Biofuels 
                              Organizations Call on President to Support 
                              Renewable Fuel Standard  Growth 
                              Energy and seven other biofuel organizations sent 
                              a letter to President Obama outlining the 
                              importance of the Renewable Fuel Standard (RFS), 
                              explaining the inherent flexibility of the RFS to 
                              deal with a short crop, as caused by this year's 
                              drought. Additionally the letter went on to 
                              explain the many counterintuitive consequences of 
                              waiving the RFS.
 "While the Environmental 
                              Protection Agency has the fiduciary duty to review 
                              the petitions filed by state governors, I felt it 
                              was critical that the industry communicated the 
                              importance of the RFS and how a waiver will not 
                              accomplish the goal of bringing down grain 
                              prices," stated Tom Buis CEO of 
                              Growth Energy.
 
 "Trying to blame the ethanol 
                              industry is disingenuous and misplaced. The true 
                              culprit is Mother Nature and there is no tool 
                              available to alter the unpredictable," Buis 
                              continued. "Currently there is a tremendous amount 
                              of misinformation surrounding the drought and 
                              ethanol production and educating policymakers on 
                              the facts is a top priority."
   You 
                              can read more from Tom Buis and the full 
                              letter to President Obama by clicking here.    |  
                          
                          
                            |  Livestock 
                              Veterinarian Hopes to Bring Common Sense to 
                              Congress  Ted 
                              Yoho was recently selected as the 
                              Republican nominee for Congress from Florida's 
                              third district. He defeated a much more 
                              well-financed opponent and in this editorial 
                              outlines what he hopes to bring to Washington 
                              should he be elected in November.
 Last 
                              week, I was incredibly honored as the people of 
                              north central Florida's third congressional 
                              district chose me to be their Republican nominee 
                              for Congress. It was a great victory in so many 
                              ways. For one, we were a rag-tag campaign with 
                              only one paid staffer (our campaign manager, Kat 
                              Cammack) and a handful of dedicated interns and 
                              volunteers. We raised only $300,000 compared to 
                              the massive war chest of $2.5 million that my 
                              opponent Rep. Cliff Stearns was sitting on. I had 
                              never run for or held political office in my life. 
                              We were facing a conservative congressman who had 
                              been in office for 24 years. There were two other 
                              local politicians in the race as well, making it a 
                              difficult contest. To say the least, the odds were 
                              against us.
 
 I've been a large animal 
                              veterinarian and small business owner for the last 
                              30 years. My wife Carolyn and I worked our way 
                              through college and built our version of the 
                              "American Dream." No one ever gave us anything - 
                              we worked for it. When we won, reporters descended 
                              on our campaign from all over the nation asking 
                              everything from how we won to what we were 
                              planning to do. A lot of them couldn't believe 
                              that a small country veterinarian could be 
                              Florida's next congressman. Reporters even asked 
                              if I owned a suit.
 
 Going from farm to farm 
                              and ranch to ranch, you become acutely aware of 
                              how government affects people's lives and you pick 
                              up a kind of "barnyard philosophy." As a large 
                              animal veterinarian, you don't survive long 
                              without some common sense. It was through my work 
                              as a vet that I came to realize that our 
                              government was lacking the most basic principle in 
                              Washington; common sense.
   Click here to read more from Ted 
                              Yoho.   |  
                          
                          
                            |  Lawmakers 
                              Ask Governor to Block Taxpayer Dollars to 
                              Non-Profits  State 
                              Reps. Paul Wesselhoft and 
                              Sally Kern this week delivered a 
                              letter to Oklahoma Governor Mary Fallin asking her 
                              to block tax dollars that would go to non-profit 
                              organizations.            
 "We 
                              do not think tax dollars should go to non-profit 
                              organizations. I believe this spending is 
                              unethical and, if not illegal, at least contrary 
                              to the spirit of the Oklahoma Constitution," said 
                              Wesselhoft, 
                              R-Moore.
 
 "Although 
                              we approved appropriations to various agencies, we 
                              have found that some of that money will be spent 
                              on non-profit organizations," said Kern, 
                              R-Oklahoma City. "When lawmakers pass a state 
                              budget, they intend that the money be spent by the 
                              agency appropriately. Tax dollars are intended to 
                              fund government programs, not other organizations. 
                              I think it is a terrible practice and we are 
                              calling for it to stop."
   You 
                              can read the full letter to Governor Fallin and 
                              more from Reps. Wesselhoft and Kern by clicking here.   |  |  
                      | 
                          
                          
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