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                        invite you to listen to us on great radio stations 
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                        weekdays- if you missed this morning's Farm News - or 
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                        here for this morning's Farm news 
                        from Ron Hays on RON.     Let's Check the 
                        Markets!     Our 
                        Market Links are a service of Oklahoma Farm Bureau 
                        Insurance 
   
 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:   Cash price for canola was 
                        $10.52 per bushel- based on delivery to the Northern AG 
                        elevator in Yukon yesterday. The full listing of cash 
                        canola bids at country points in Oklahoma can now be 
                        found in the daily Oklahoma Cash Grain report- linked 
                        above. 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, 
                              October 17, 
                            2012 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
 |  |  
                      | 
                          
                          
                            | Featured Story:  Agriculture 
                              Keeping Eye on Prop 37 Vote in California on 
                              November 6  California 
                              could become the first state to require labeling 
                              of any food sold in the state containing 
                              ingredients made from genetically modified crops. 
                              California voters will make that decision on 
                              November 6th and polls have shown strong support 
                              for Proposition 37. But as the vote nears - that 
                              support appears to be waning. A new survey by the 
                              Pepperdine University School of Public Policy and 
                              the California Business Roundtable shows support 
                              for the so-called Right to Know measure has 
                              dropped from 66.9-percent to 48.3-percent in just 
                              two weeks. The survey shows opposition has 
                              increased to 40.2-percent - up from 
                              22.3-percent.
 Both sides have taken to the 
                              air waves to tell their message.  The pro 
                              Prop 37 forces are relying on emotion and feeling 
                              good about what you feed your family- the "no" 
                              forces are looking at the inconsistencies in how 
                              Prop 37 is written, suggesting it would be a 
                              nightmare to enforce, very costly and would 
                              provide few benefits back to consumers.
   Even 
                              if the voters of California decide against 
                              mandatory labeling - pressure is mounting on the 
                              federal government to tighten regulation of GMO 
                              crops and the foods they become. A national 
                              labeling campaign is underway. The Center for Food 
                              Safety filed a legal petition seeking mandatory 
                              labeling for GMO foods last year. The Food and 
                              Drug Administration has received more than 
                              1.2-million comments in support of that petition. 
                              The Organic Consumers Association said last week 
                              it was delivering a petition with the backing of 
                              200-thousand consumers calling on President Obama 
                              to require labeling. In addition - 14 states 
                              considered new bills on labeling or banning GMO 
                              foods last year. Federal regulators have 
                              repeatedly deemed any labeling or regulatory 
                              safety testing unnecessary.
 Click here to go to our website where 
                              you'll find comprehensive coverage on this 
                              contentious issue.  We've posted both the 
                              pro and con commercials as well as links to both 
                              organizations, the text of the proposition itself, 
                              and an interesting op-ed piece from the Los 
                              Angeles Times.
     |  
                          
                          
                            | Sponsor 
                              Spotlight   We 
                              are proud to have P & K 
                              Equipment as one of our regular sponsors 
                              of our daily email update. P & K is Oklahoma's 
                              largest John Deere Dealer, with ten locations to 
                              serve you.  P&K is also proud to announce 
                              the addition of 6 locations in Iowa, allowing 
                              access to additional resources and inventory to 
                              better serve our customers. Click here for the P&K 
                              website- to learn about the location nearest 
                              you and the many products they offer the farm and 
                              ranch community.        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.        |  
                          
                          
                            |  SNAP 
                              Program Number One Offender of Government Waste in 
                              Coburn Report    U.S. 
                              Senator Dr. Tom Coburn released a 
                              new oversight report on Tuesday, "Wastebook 2012" 
                              that highlights more than $18 billion in examples 
                              of some of the ways the Junior Senator from 
                              Oklahoma contends that taxpayer dollars were 
                              wasted in 2012.   In 
                              dollars "wasted," the number one offender 
                              identified by the Coburn report was the SNAP 
                              program(known for years as Food Stamps). The 
                              report says "the SNAP program funded by the USDA 
                              wastes $4.5 billion per year. Lax controls and 
                              mismanagement allow expenditures for food, luxury 
                              drinks, soap operas, junk food, alcohol, diapers, 
                              and guns."   Of 
                              course, the nutrition program is at the heart of 
                              the major differences between Democrats and 
                              Republicans  within the 2012 Farm Bill 
                              debate.  You could say that this divide is a 
                              key reason why we had no vote in 
                              September in the US House on the 
                              Frank Lucas authored House Ag 
                              Committee Farm Bill.  Many Democrats were 
                              very upset over the level of proposed cuts that 
                              the bi partisan House Ag Committee bill set for 
                              nutrition spending- $16 billion over ten years. 
                              They contend that's too much.  Many 
                              Democratic Senators have vowed to oppose that 
                              level if the bill passes the House and should be 
                              adopted in a Conference Report later in the 
                              process.   At 
                              the same time- you have conservative Republicans 
                              mad about the levels- saying the $16 billion is 
                              not nearly enough- demanding $32 billion in cuts 
                              over ten years.  That level would almost 
                              certainly invoke cardiac arrest with most 
                              Democrats in Congress- note that it's still not 
                              addressing the level of waste that Coburn contends 
                              is in the SNAP program- $45 billion figured over 
                              ten years.    It's 
                              the divide over the Nutrition title of the House 
                              Ag Committee Farm Bill proposal that may prove to 
                              be the undoing of the deal worked out by Lucas 
                              with his Blue Dog Ranking member Collin 
                              Peterson of Minnesota.      While 
                              agriculture was not mentioned in the Presidential 
                              debate on Tuesday evening- food stamps were- as 
                              Governor Romney spoke of 47 million Americans now 
                              receiving them.  He cited that number as an 
                              example of a weak economy that needs fixing. 
                                  Back 
                              to the Coburn report- the Senator has lots of 
                              programs he singles out- click here to read our story, 
                              look at video coverage of the report nationally 
                              and link over to the report itself.  
                                      |  
                          
                          
                            |  Wheat 
                              Pasture Demand and Limited Feeder Supplies Support 
                              Stocker Prices  Derrell 
                              S. Peel, Oklahoma State University 
                              Extension Livestock Marketing Specialist, assesses 
                              cattle markets in the latest edition of the 
                              Cow-Calf Newsletter. 
 Calf 
                              prices in Oklahoma jumped as much as $10/cwt. last 
                              week with stronger stocker demand and limited 
                              supplies both contributing factors. Feeder cattle 
                              auction volumes in Oklahoma are down 26 percent 
                              over the last six weeks compared to last year. A 
                              year ago, fall stocker calf prices increased 
                              counter-seasonally into early December. Conditions 
                              are right for similar support to stocker calf 
                              prices this fall. However, given that calf prices 
                              are already at high levels and the corn price is 
                              sharply higher this year, stocker prices may move 
                              up only a bit more or hold mostly steady near 
                              current levels.
 
 Some 
                              parts of Oklahoma received significant rain this 
                              past weekend that will solidify stocker demand in 
                              some areas. Rain fell in a swath from central into 
                              the northeastern part of the state and across much 
                              of the southeast region. Most of the wheat is 
                              planted and some areas may have grazeable wheat by 
                              early to mid November. However, the north central, 
                              northwest and southwest areas received little rain 
                              and remain critically dry. Variable moisture 
                              conditions across the state means that wheat 
                              stocker demand will likely be spread out across 
                              the next few weeks as wheat pasture develops at 
                              different rates.
   Click here to read 
                              more.   |  
                          
                          
                            |  Three 
                              Million Miles Later, Ethanol Still Delivers in 
                              NASCAR  When 
                              NASCAR's top drivers began the "Chase" for the 
                              coveted Sprint Cup Championship this year, they 
                              hit a major milestone for both the sport and for 
                              American Ethanol, racing more than three million 
                              miles fueled by a 15 percent ethanol 
                              blend.
 "Since the 2011 racing season, 
                              NASCAR drivers have seen a considerable increase 
                              in horsepower thanks to Sunoco Green E15," said 
                              Richard Childress Racing driver and American 
                              Ethanol spokesman Austin Dillon. 
                              "Reaching three million miles on this proven 
                              renewable fuel is yet another testament to the 
                              quality and value of ethanol for my fellow 
                              American drivers both on and off the 
                              track."
 
 To increase awareness of the many 
                              benefits of ethanol, the National Corn Growers 
                              Association and Growth Energy formed the American 
                              Ethanol partnership with NASCAR in 2011. Over the 
                              past two seasons, every car in every NASCAR race 
                              has been powered by 15 percent ethanol. The NASCAR 
                              Sprint Cup Series, NASCAR Nationwide Series, and 
                              NASCAR Camping World Truck Series races have all 
                              showcased the incredible reliability and 
                              performance that 15 percent ethanol fuel blends 
                              offer.
 
 You can read more by clicking 
                              here.
    |  
                          
                          
                            |  OSU 
                              Students Earn Scholarships in Block and Bridle 
                              Contest  Oklahoma 
                              State University livestock judging students 
                              recently competed in the annual OSU Block and 
                              Bridle contest, October 11th.
 Katie 
                              Duysen was the High Individual Overall 
                              and earned the coveted Bob Totusek award for her 
                              outstanding performance. Rounding out the top ten 
                              were, Marissa Garside who was 
                              named the 2nd High Individual Overall; 
                              Mark Sims, 3rd; Chris 
                              Hall, 4th; McKenzie 
                              Clifton, 5th; Morgan 
                              Meisenheimer, 6th; Jamie 
                              Bloomberg, 7th; Jake 
                              Warntjes, 8th; Dalton 
                              Newell, 9th; and Chastin 
                              Leggett was 10th 
                              overall.
 
 Individual division winners 
                              included, Mark Sims as the High Individual in 
                              Sheep; Chris Hofschulte was the 
                              High Individual in Swine; Morgan Meisenheimer was 
                              named the High Individual in Cattle; and 
                              Maverick Squires was the High 
                              Individual in the Oral Reasons 
                              division.
 
 Over $2,500 of scholarships were 
                              earned by these students at this event. The team 
                              now looks forward to its final two contests at the 
                              American Royal in Kansas City, Mo., November, 3rd 
                              and then on to the National Championship contest 
                              in Louisville, Ken., on November, 
                              12th.
 
 
 |  
                          
                          
                            |  Taiwan, 
                              China Offer Tremendous Opportunities for U.S. 
                              Beef  U.S. 
                              Meat Export Federation President and CEO 
                              Philip Seng has just returned 
                              from the Greater China region, where he examined 
                              current market conditions for beef and pork. 
                              
 His first stop was Taiwan, which had been 
                              one of the fastest-growing markets in recent years 
                              for U.S. beef exports, setting new value records 
                              every year from 2006 to 2010. Beginning in early 
                              2011, beef trade suffered a major setback due to 
                              Taiwan's zero-tolerance policy on ractopamine use.
 
 Recently, however, Taiwan adopted a 
                              maximum residue level (MRL) for ractopamine 
                              residues in both imported and domestic beef, 
                              similar to the policy used in many other foreign 
                              markets. Seng says this policy change has 
                              rejuvenated buyer interest in U.S. beef across 
                              several commercial sectors in Taiwan, and created 
                              a much more favorable business climate.
 
 With regard to mainland China, Seng notes 
                              that economic growth has slowed somewhat from the 
                              torrid pace China had seen in recent years. But 
                              this shouldn't cool the U.S. meat industry's 
                              interest in the market, because China still offers 
                              tremendous opportunities.
   Phil Seng joins us for the latest 
                              Beef Buzz.  Click here to go 
                              there.     |  
                          
                          
                            |  Crop 
                              Insurance Workshop Set For November 2nd in Enid    Producers, 
                              crop insurance agents, agricultural lenders, 
                              marketing consultants, educators, and other risk 
                              management service providers will all benefit from 
                              the 2012 Crop Insurance Workshop scheduled for 
                              Nov. 2 in Enid.
 
 Presenters at the 
                              workshop will explain the common land unit acreage 
                              reporting plan and provide an update on the status 
                              of the farm bill and its implications for 2013 
                              decision-making. They will also assess the 
                              economics of land rentals and discuss the 
                              implications of drought on grain marketing 
                              strategies.
 
 
 The workshop will be 
                              conducted at the Autry Technology Center in 
                              Enid.
   Click here for more details- 
                              there is a break in the price if you register on 
                              line instead of at the door.   
                              |  |  
                      | 
                          
                          
                            |     God Bless! 
                              You can reach us at the following: 
                               phone: 405-473-6144   |  |  |