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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.     We 
                        have a new market feature on a daily basis- 
                        each afternoon we are posting a recap of that day's 
                        markets as analyzed by Justin Lewis of KIS 
                        Futures-  click 
                        here for the report posted yesterday afternoon 
                        around 3:30 PM.      Okla 
                        Cash Grain:   Daily 
                        Oklahoma Cash Grain Prices- as reported 
                        by the Oklahoma Dept. of Agriculture.   Canola 
                        Prices:   Cash 
                        price for canola was $6.91 per bushel-based on 
                        delivery to Oklahoma City Monday (per Oklahoma Dept of 
                        Ag).   Futures 
                        Wrap:   Our 
                        Daily Market Wrapup from the Radio 
                        Oklahoma Network with Leslie Smith and Tom 
                        Leffler- analyzing the Futures Markets from the previous 
                        Day.   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 
 Presented 
                              by
     
                              Your 
                              Update from Ron Hays of RON    Tuesday, 
                              January 6, 
                            2015 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
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                      | 
                          
                          
                            | Featured Story:  Oklahoma 
                              and Kansas Continue to Fight Dry Weather 
                              Conditions  Weather 
                              conditions were cold and dry across Oklahoma in 
                              December. In the monthly crop weather report, the 
                              US Department of Agriculture said temperatures 
                              averaged in the low 40's and all nine districts 
                              had below normal precipitation levels for the 
                              month with the exception of the northeast 
                              district. The heaviest rainfall was in the east 
                              central and southeast districts. The east central 
                              district had 2.76 inches and the southeast 
                              district had 3.29 inches of rainfall last month. 
                              Drought conditions remained over the western half 
                              of the state. Overall, topsoil and subsoil 
                              moisture rated mostly adequate to short. 
                              
 
 The limited moisture has impacted 
                              crops, especially oats with 62 percent rated fair 
                              to poor. The winter wheat crop rated two percent 
                              in excellent condition, 48 in good, 34 in fair and 
                              12 percent in poor to very poor condition. 
                              Forty-one percent of the wheat crop was being 
                              grazed. That's a nine point increase over the 
                              previous year. Pasture conditions declined over 
                              the previous month with 25 percent in poor to very 
                              poor condition.
 
 
 Click here for the full Oklahoma 
                              report.
 
 
 Weather was warmer than usual 
                              for Kansas in December. USDA reports temperatures 
                              averaged four to six degrees above 
                              normal.   The entire state received 
                              some precipitation with the heaviest amounts in 
                              the east. Top soil and subsoil moisture rated 
                              mostly adequate to short.
 
 
 The winter 
                              wheat crop rated four percent in excellent 
                              condition, 45 in good, 42 in fair and nine percent 
                              in poor to very poor condition.
 
 
 Click here for the full Kansas 
                              report.
 
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                            | Sponsor 
                              Spotlight      
                              Oklahoma Farm 
                              Report is happy to 
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                              sponsor of the daily email. CROPLAN® by WinField 
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                              are also pleased to have American 
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                              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! AND- Put it on 
                              your calendar- the 2015 AFR/OFU Convention will be 
                              held in Norman February 13 and 
                              14.      |  
                          
                          
                            |  Cotton 
                              Prices to Remain Flat Heading into 2015 Due to 
                              Large World 
                              Supply  Cotton 
                              prices are projected to remain flat heading into 
                              2015 as China continues to hold large supplies of 
                              cotton and consumption rates remain low, according 
                              to a Texas A&M AgriLife 
                              Extension Service cotton economist in College 
                              Station.
 
 Dr. John 
                              Robinson gave a cotton outlook 
                              presentation at the 26th Texas Plant Protection 
                              Association Conference in Bryan 
                              recently.
 
 
 "The cotton market is not 
                              booming as yarn prices remain flat," Robinson 
                              said. "We're not in a recession, but in a period 
                              of low growth and modest consumption. We don't see 
                              anything that would pull up cotton prices in the 
                              near term."
 
 
 Robinson said speculative 
                              funds have been swinging from net short to 
                              neutral, and cotton futures have just hung in 
                              there around 60 cents.
 
 
 Consequently, 
                              cotton has been ranging in the mid to upper 60s, 
                              he said.  Click or tap here to read more 
                              about how China is impacting US prices and the 
                              U.S. production outlook for 2015.
 |  
                          
                          
                            |  USMEF 
                              President Phil Seng Outlines Challenges and 
                              Opportunities in Cuba  When 
                              the Obama Administration announced that it is 
                              reestablishing diplomatic relations with Cuba and 
                              taking steps to ease trade and travel 
                              restrictions, the U.S. Meat Export 
                              Federation (USMEF) received several 
                              inquiries about Cuba's potential as a destination 
                              for U.S. pork and beef. 
 
 While 
                              restrictions on financial transactions and other 
                              constraints have made Cuba difficult to serve, the 
                              market has actually been open to U.S. meat exports 
                              for several years. U.S. pork exports to Cuba have 
                              been as high as $15.3 million in 2010, while the 
                              peak value for U.S. beef exports was just under $1 
                              million in 2011.
 
 
 USMEF 
                              President and CEO Philip Seng said there 
                              are some challenges in selling red meat to Cuba, 
                              primarily lack of private sector infrastructure as 
                              well as purchasing power. Currently, all export 
                              transactions must be conducted through a Cuban 
                              government entity (Alimport). Seng said for the 
                              past 30 to 40 years this government institution 
                              has bought all product coming through Cuba. This 
                              is different from any other country in the 
                              Caribbean or elsewhere around the world, as it is 
                              very state controlled. Seng believes there is a 
                              lot of work that has been done first before the US 
                              begins to see increased meat sales into 
                              Cuba.
     I 
                              featured Seng on the Beef Buzz feature. Click or tap here to listen 
                              to our report as Seng talks about some of the 
                              challenges USMEF has in promoting US beef and pork 
                              in Cuba.        Beef 
                              Buzz is a regular radio broadcast feature that is 
                              heard on many of our great radio stations that are 
                              a part of the Radio Oklahoma Ag Network- and the 
                              programs are archived and can be heard on our 
                              website in the Beef Buzz section.       |  
                          
                          
                            |   Noble 
                              Foundation Releases Four New Small Grains 
                              Forages   The 
                              Samuel Roberts Noble Foundation 
                              forage breeding program continues the rich legacy 
                              of forage development that started more than 60 
                              years ago with the release of new varieties. 
                              
 
 In the early 1950s, the Noble 
                              Foundation established its breeding program for 
                              forages (plants consumed by grazing animals), 
                              specifically developing improved varieties for 
                              four small grains species: rye, wheat, oat and 
                              triticale (a rye/wheat hybrid). Today, the small 
                              grains breeding program is one of the 
                              organization's longest running breeding programs 
                              at the Noble Foundation.
 
 
 The Noble 
                              Foundation's small grains breeding program 
                              continues to focus on creating dual-purpose 
                              varieties with improved forage qualities - better 
                              fall production, the ability to recover after 
                              grazing, and better overall forage yields to 
                              benefit livestock production in the Southern Great 
                              Plains and southeastern United States.
 
 
 This ongoing work has produced four 
                              new small grains varieties over the past few 
                              years. These varieties will now be commercialized 
                              by Oklahoma Genetics Inc.
   Click or tap here to read more 
                              about the wheat, triticale, rye and oat varieties 
                              being released by the Noble 
                          Foundation.
 |  
                          
                          
                            |  Peel 
                              Advises Cow-Calf Producers to Plan Beyond 
                              2015  Derrell 
                              S. Peel, Oklahoma State University 
                              Extension Livestock Marketing Specialist, writes 
                              in the latest Cow/Calf Corner 
                              newsletter.
 
 The euphoria of high 
                              cattle prices in 2014 leads, for some cow-calf 
                              producers, to uneasiness and indecision in 2015. 
                              The question is how to best take advantage of the 
                              current market. The answer to that depends on 
                              several factors including;
 
 
 1) The 
                              current status of the operation, i.e., is the 
                              operation at full capacity or is there room to 
                              grow?
 
 
 2) The producer's market 
                              expectations for the next several 
                              years.
 
 
 3) For older producers: is there 
                              a time frame for retiring/exiting the 
                              business?
 
 
 In other words, producers 
                              need to ask now where they want to be in 3-5 
                              years. The answer to that question will reveal 
                              whether 2015 should be a year of liquidation; 
                              holding steady; or expanding the cow herd.  
                              Click or tap here to read more 
                              about the decisions producers will have to make in 
                              2015.
 
 |  
                          
                          
                            | Want to Have the Latest 
                              Energy News Delivered to Your Inbox 
                              Daily?   Award 
                              winning broadcast journalist Jerry 
                              Bohnen has spent years learning and 
                              understanding how to cover the energy business 
                              here in the southern plains- Click here to subscribe to his 
                              daily update of top Energy News.   
 |  
                          
                          
                            |   The 
                              Minority Leader for the Oklahoma House of 
                              Representatives Monday announced 
                              Democratic committee appointments and ranking 
                              members for the 55th Legislature, which convenes 
                              in earnest on Feb. 2. 
 
 Rep. 
                              Scott Inman also assigned ranking members 
                              for each committee. Ranking members will serve as 
                              senior advisers for caucus members, work closely 
                              with committee chairpersons to maintain goodwill, 
                              and vigorously protect the caucus' interests in 
                              all committee business. Also, ranking members will 
                              become committee chairs if control of the House 
                              changes.
 
 
 "We have made a concerted 
                              effort to align our members on House committees 
                              that accentuate their strengths, their life 
                              experiences and their backgrounds," said Inman, 
                              D-Del City. "This will enable them to be better 
                              advocates for their constituents and for all 
                              Oklahomans."
     State 
                              Representative Steve Kouplen 
                              of Beggs will serve as Ranking 
                              Member of the House Agriculture and Rural 
                              Development Committee.     Kouplen 
                              will also serve as the ranking member on the 
                              subcommittee that will hold the purse strings for 
                              agricultural related spending- the Appropriations 
                              and Budget Natural Resources & Regulatory 
                              Services Subcommittee.      Click or tap here for the 
                              full list of Democratic committee 
appointments.   |  
                          
                          
                            |  Boxed 
                              Beef Trade Suggests Hand to Mouth Buying in Beef 
                              Pipeline as 2015 Begins- Ed Czerwein    Ed 
                              Czerwein, who is the market reporter for 
                              the Market News Office in Amarillo, Texas, has his 
                              latest weekly boxed beef trade review for the 
                              trade ending this past Friday.   "The 
                              daily spot Choice box beef cutout ended the week 
                              last Friday at 247.83 which was $3.31 higher but 
                              it had been even higher on Wednesday. There were 
                              only 539 loads sold for the week in the daily box 
                              beef cutout. It was about 11 percent of the total 
                              volume. 
 "The Comprehensive or weekly 
                              average Choice cutout which includes all types of 
                              sales was 244.43 which was .97 higher. There were 
                              only 4961 loads sold which was 510 loads lower for 
                              the week and the lowest number since the same week 
                              in 2008. The daily cutout has rallied about 9.25 
                              this past two weeks but the weekly average of all 
                              sales has only improved about 1.50 during the same 
                              time period."
   Looking 
                              forward- Ed says "the most recent out-front sales 
                              were at 383 loads which was 662 loads lower and 
                              the lowest number in quite some time which means 
                              meat buyers are back to buying product hand to 
                              mouth."   Read 
                              more of Ed's review and listen to his analysis by 
                              clicking here.       |  |  
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