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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:   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:   
 Canola 
                        Prices:   Cash price for canola was 
                        $5.63 per bushel- based on delivery to the Burlington 
                        elevator 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:     Feeder 
                        Cattle Recap:   
 Slaughter 
                        Cattle Recap:  
 TCFA 
                        Feedlot Recap:   
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                            | Oklahoma's 
                              Latest Farm and Ranch News 
 Presented 
                              by
   
                              
 Your 
                              Update from Ron Hays of RON   
                               Wednesday, August 12, 
                              2015 |  
                          
                          
                            | Howdy 
                              Neighbors! 
 
 Here is your daily Oklahoma farm and ranch 
                              news update. 
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                      | 
                          
                          
                            | Featured 
                              Story:  USDA 
                              to Host Conference in Owasso, Oklahoma Supporting 
                              Small Businesses in Rural 
                              Areas
 The 
                              United States Department of 
                              Agriculture  (USDA), Office of Small and 
                              Disadvantaged Business Utilization will host a 
                              conference on Thursday, Aug. 13th  
                              in Owasso, Oklahoma. This event will provide small 
                              business owners located in rural areas with 
                              opportunities to learn how to grow and support 
                              their businesses by partnering with USDA, and 
                              other Federal Agencies. The meeting supports 
                              Secretary Vilsack's implementation of President 
                              Obama's agenda to put Americans back to work and 
                              create an economy built to 
                              last. Conference attendees will have an 
                              opportunity to participate in a full day of 
                              workshops and panel discussions led by program and 
                              small business procurement officials from USDA, 
                              and other Federal agencies. Topics include 
                              acquisition needs and opportunities, procurement 
                              methods, business development resources and more. 
                              In a continuing effort to increase small business 
                              contracting participation, USDA will dedicate a 
                              workshop to enhance the competitive posture of 
                              small businesses and small farmer-owned 
                              cooperatives in rural America. The 
                              event will be held Thursday, August 13, 2015 from 
                              8:30 a.m. to 4:00 p.m. at the Tulsa Technology 
                              Center, Owasso Campus, 10800 North 140th East 
                              Avenue, Owasso, Oklahoma 74055. There 
                              is no conference fee. Pre-registration is 
                              preferred. For further information, click here .
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                            | Sponsor 
                              Spotlight     
                              For nearly a 
                              century, Stillwater 
                              Milling has been providing ranchers 
                              with the highest quality feeds made from the 
                              highest quality ingredients.  Their full line 
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                              delivered to your farm, found at their agri-center 
                              stores in Stillwater, Davis, Claremore and Perry 
                              or at more than 100 dealers in Oklahoma, Arkansas, 
                              Kansas and Texas.  We appreciate Stillwater 
                              Milling's long time support of the Radio Oklahoma 
                              Ag Network and we encourage you to click here to learn 
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                              extra inventory and resources, to provide you, the 
                              customer, with a better experience all around. 
                              Click Here to visit P&K 
                              on the web... where you can locate the store 
                              nearest you, view their new and used inventory, 
                              and check out the latest 
                              deals.  
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                            |  Agri-Women 
                              Helping Launch New, No-Cost, Customized Approach 
                              to Farm Transition Planning
 Ag 
                              Transition Partners, a group of educators 
                              and agricultural consultants, is launching a new, 
                              no-cost farm transition planning project that 
                              includes webinars, on-site or virtual coaching and 
                              action plan templates. The project's multi-layer 
                              approach sets it apart from other planning 
                              processes, better helping farm families ensure the 
                              legacy of their 
                              operations.American 
                              Agri-Women , the nation's largest 
                              coalition of farm, ranch and agri-business women, 
                              is supporting the project, along with Michigan and 
                              Minnesota Agri-Women and Wisconsin Women for 
                              Agriculture. This project is free for 
                              participating farm families and is made possible 
                              through a grant from North Central 
                              Extension Risk Management Education 
                              Center  (NCERMEC) and the USDA 
                              National Institute of Food and 
                              Agriculture .  According to 
                              some studies, an estimated 70% of farms and 
                              farmland will transition ownership in the next 20 
                              years and fewer than 50% of farmers have estate 
                              plans; less than 70% have named successors; and 
                              less than 11% have farm business transition plans 
                              in place. The consequences of a failure to plan 
                              can be severe. Farmers can learn more 
                              about the process by signing up for a webinar, 
                              which will be held at noon Central time on August 
                              18: Click here  for details 
                              on how to register for this webinar. 
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                            |  Jim 
                              Robb Says Calf and Yearling Prices to Remain 
                              Strong, But Lower Than 2014
 Slaughter 
                              cattle prices have likely reached the bottom. 
                              That's according to Livestock Marketing 
                              Information Center (LMIC) Director 
                              Jim Robb. In speaking at the 
                              Southern Plains Beef Symposium in Ardmore on 
                              Saturday, he also shared the industry is near the 
                              bottom of the market for calf and yearling prices. 
                              With increasing cattle supplies and corn prices 
                              higher than last year, Robb said he is looking for 
                              softer calf and yearling prices for the rest of 
                              the year. 
 
 "We're not going to make the 
                              very strong calf and yearling markets that we did 
                              in the fourth quarter of 2014," Robb said. "We're 
                              going to have the second highest calf market ever, 
                              but it's certainly a softer market on a 
                              year-to-year basis. Fed cattle prices will be down 
                              year-to-year in the second half, still seasonally 
                              stronger."
 
 
 While fed cattle, calf and 
                              yearling prices have been fairly volatile, Robb 
                              looks for it good year for cow-calf producers and 
                              a decent year for stockers, but it won't be a 
                              great year like 2014. Overall, he said herd 
                              rebuilding has been fairly modest and domestic 
                              consumer demand remains good. In looking at the 
                              outlook, he forecast more of an erosion of calf 
                              and yearling prices over the next several years, 
                              rather than a collapse. He said it's going to take 
                              an outside market shock to slow the erosion of 
                              prices.
 
 
 I 
                              caught up with Jim Robb at the Southern Plains 
                              Beef Symposium held Saturday in Ardmore, 
                              Oklahoma  Click or tap here  to 
                              listen to this Beef Buzz feature.
 We 
                              also have our complete conversation with Jim 
                              posted as a Ag Perspectives Podcast- you can 
                              listen by clicking here .
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                            |  Planning 
                              for Drought in Rain Promotes Future Success
 
 
 The Noble Foundation's 
                              Hugh Aljoe says that a concept 
                              that has stuck with him since his college days 
                              came from a range management professor at Texas 
                              A&M- Dr. Wayne Hamilton. 
                              "The time to plan for a drought is when it's 
                              raining, and the time to plan for rain is during a 
                              drought." I can truly appreciate these words of 
                              wisdom more today than ever in my career having 
                              the recent experiences of both drought (in 2011 
                              and 2012) and surplus rain (flooding) in the 
                              spring of 2015. This leads to the questions of 
                              "Are we still in a drought or long-term dry 
                              spell?" and "Should we be planning for drought or 
                              rain?" The short answers to those questions are 
                              "Yes," and "Both - drought long-term and good 
                              moisture conditions 
                              short-term."
 
 "If you as 
                              a producer living in the Southern Great Plains 
                              take any stock into the climate and weather 
                              predictions, you are aware of the El Nino/La Nina 
                              phenomenon and its effect on our region. We are 
                              currently experiencing an El Nino effect, which 
                              means our region typically receives above-average 
                              rainfall. Many producers in Oklahoma and Texas 
                              received their expected yearly rainfall in two 
                              months (May and June) this year. It has been a 
                              very moist first half of the year, providing much 
                              needed recovery of deep soil moisture and 
                              pond/lake water. However, due to the excessive 
                              rainfall amounts, many producers were not able to 
                              benefit in forage production. Although there was 
                              abundant rain in the spring, it did not equate to 
                              surplus forage. The good news is El Nino 
                              conditions are projected to remain with us through 
                              the remainder of the year. There is still a lot of 
                              the growing season left to provide recovery from 
                              the drought years and build reserves headed into 
                              the fall and winter.
 
 Aljoe 
                              has more on how to make the most of current 
                              weather conditions that may allow pasture 
                              recovery- click here  to read all 
                              of his comments on this subject.
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                            |  Herring 
                              to Receive Feeding Quality Forum Honors in August 
                              - Updated with Feature Video
 James 
                              Herring has witnessed much during 45 
                              years in the cattle business, but he's been much 
                              more than an observer.  His leadership roles, 
                              foresight and determination to create 
                              relationships that benefit all stakeholders-from 
                              rancher to consumer-make him a standout among his 
                              peers.  That's why Herring is being 
                              honored with the Feeding Quality 
                              Forum  (FQF) 2015 Industry 
                              Achievement Award. "He's 
                              given a lot of his time to really make sure the 
                              industry is moving in the direction it needs to 
                              be," says Larry Corah , with the 
                              Certified Angus Beef ® (CAB®) brand, noting terms 
                              as president of the Texas Cattle Feeders 
                              Association and of CattleFax.  "James 
                              is probably one of the most innovative people in 
                              the industry when it comes to looking at economic 
                              impacts and cattle feeding in different ways," 
                              Corah says, "like labor cost per head, for 
                              example." The award will be presented 
                              during the luncheon portion of the Forum, Aug. 18 
                              in Omaha, Neb., and Aug. 20 in Garden City, 
                              Kan.  Click here  to read 
                              more about James Herring's contributions to the 
                              cattle feeding business, including a video 
                              featuring Herring's view on why the cattle 
                              business has shifted from commodity to 
                              quality. 
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                            | 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.
   |  
                          
                          
                            |  Thirteen 
                              States Ask for Injunction to Prevent 
                              Implementation of WOTUS August 
                              28th
 A 
                              whole host of states have filed lawsuits against 
                              the EPA and the Army Corps of Engineers over the 
                              Clean Water Rule that is best known as the WOTUS 
                              rule- the Waters of the US proposal that many in 
                              the ag community consider to be a massive land 
                              grab that goes far beyond the Clean Water Law that 
                              has passed by Congress in the 1970s. 
 EPA 
                              has asked for all of the lawsuits to be lumped 
                              into one massive court case and considered by one 
                              district court- that has been granted with 
                              lawsuits saying both the EPA has gone too far with 
                              WOTUS and lawsuits saying it has not gone far 
                              enough to be looked at by the Federal District 
                              Court based in Cincinnati.   
 However, 
                              the Attorney General for North Dakota, 
                              Wayne Stenehjem, is asking the 
                              Federal Courts to rethink that move-as he says 
                              that the various lawsuits have separate arguments 
                              and deserve their own consideration. 
 At 
                              the same time- led by North Dakota, the attorneys 
                              general for eight states filed a motion on Monday 
                              for a preliminary injunction in U.S. District 
                              Court for District of North Dakota. They argued 
                              that if the CWR takes effect as planned on Aug. 
                              28, the revised definition of what constitutes 
                              Waters of the United States (WOTUS) "will 
                              irreparably harm the states' sovereign interests 
                              and their state budgets during the pendency of 
                              this litigation."
 
 A 
                              total of thirteen states are involved in this 
                              case- including our neighboring states of 
                              Arkansas, Missouri and New 
                              Mexico.  
 Meanwhile- 
                              Oklahoma Senator Jim Inhofe is 
                              also bringing some Congressional indignation to 
                              the party- writing the top dog at the Army Corps 
                              about the Memos that were circulated within the 
                              Army Corps over WOTUS and the concerns that the 
                              political agenda at the EPA overwhelmed any 
                              science based concerns raised by their federal 
                              agency partner in this mess.   
 
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                            |   This 
                              N That - USDA Report Day and Big Iron 
                              Wednesday 
 Later 
                              this morning- USDA offers several reports for the 
                              grain trade to chew on- releasing its 
                              August round of Crop Production and World 
                              Agricultural Supply and Demand Estimates (WASDE) 
                              reports at 11 a.m. CDT. 
 
                              Darin Newsom with 
                              DTN starts with corn as he writes of the 
                              upcoming data- "pre-report estimates for 
                              2015 corn production came in at an average of 
                              13.318 billion bushels, down from the July 
                              estimate of 13.530 bb and well below May's 
                              "initial" projection of 13.630 bb. National 
                              average yield is expected to be trimmed from 
                              July's 166.8 bushels per acre to 164.4 bpa. If 
                              realized, this would be 1.4% below USDA's 
                              trendline calculation of 166.8 bpa, in line with 
                              the average lag of 1.6% the year following a 
                              record yield." 
 Meanwhile- 
                              Newsom believes that the grain trade and USDA may 
                              not see eye to eye on soybean data- "The 
                              most interesting numbers in soybeans may have 
                              nothing to do with 2015 production. Pre-report 
                              estimates for old-crop ending stocks came in at 
                              247 mb, down from USDA's July figure of 255 mb, 
                              but still well above DTN's projection of 165 mb 
                              following the June 30 Quarterly Stocks report. 
                              Given the strengthening inverse in the 
                              August-to-November futures spread, as 
                              merchandisers search for supplies to meet demand 
                              at a point in the marketing year when leftover 
                              cash bushels tend to make their way to terminal, 
                              the market is implying a far tighter old-crop 
                              supply-and-demand situation than USDA will 
                              acknowledge in its August report. Keep in mind it 
                              wasn't until the Sept. 30, 2104, release of 
                              quarterly stocks numbers that USDA took 2013-2014 
                              down to a more reasonable (according to spread 
                              activity) 92 mb." 
 Click here to read his 
                              full pre report commentary. 
 ********** 
 
 
 It's 
                              Wednesday- and that means the Big 
                              Iron  folks will be busy closing out this 
                              week's auction items - all 494 items 
                              consigned.  Bidding will start at 10 AM 
                              central 
                              time.                 
                                  Click Here for the complete 
                              rundown of what is being sold on this no reserve 
                              online sale this week.       If you'd like more information on buying and 
                              selling with Big Iron, call District Manager 
                              Mike Wolfe  at 580-320-2718 and he 
                              can give you the full scoop.  You can also 
                              reach Mike via email by clicking or tapping 
                              here.  
 
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                            | Our thanks 
                              to Midwest Farms Shows , 
                              P & K Equipment, American Farmers & 
                              Ranchers, 
                              KIS 
                              Futures, CROPLAN by 
                              Winfield, Stillwater Milling Company, Pioneer Cellular, National Livestock Credit 
                              Corporation and the Oklahoma Cattlemen's 
                              Association for their support of our 
                              daily Farm News Update. For your convenience, we 
                              have our sponsors' websites linked here- just 
                              click on their name to jump to their website- 
                              check their sites out and let these folks know you 
                              appreciate the support of this daily email, as 
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                              also invite you to check out our website at the 
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                              links from around the globe.      Click here to check out 
                              WWW.OklahomaFarmReport.Com     
                                God Bless! 
                              You can reach us at the following: 
                                  phone: 405-473-6144
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