From: Ron Hays [] on behalf of Ron Hays []
Sent: Friday, August 29, 2008 07:49
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday August 29, 2008!
A service of Producers Cooperative Oil Mill, Farm Credit Associations of Oklahoma and Midwest Farm Shows!
-- Western Farmers Electric Spends $100,000 to Help Begin Oklahoma Carbon Initiative
-- 2008 Oklahoma Wheat Show Grand Championship Claimed by Robert Parrish of Kremlin-Hillsdale.
-- The Top Ten at the 2008 Junior Wheat Show
-- More Soybean Acres- Fewer Wheat Acres in 2009?
-- This Coming Monday- THE Big Event at Express Ranches
-- Russian Prime Minister Vows to Slow Purchase of Chicken Legs from the USA
-- Running Late on this Friday
-- Let's Check the Markets!

Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are excited to have as one of our new 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 about rotating some of your winter wheat acres into winter canola this year- and check out the full story on PCOM on their website by clicking here.

It's also great to have the Farm Credit Associations of Oklahoma with us regularly as an Email Sponsor- Financing Oklahoma is their business! Check out their website which shows their locations statewide by clicking here!
And our email this morning is also a service of Midwest Farm Shows, producer of the annual Tulsa Farm Show held each December, as well as the springtime Southern Plains Farm Show in Oklahoma City. Check out details of both of these exciting shows at the official website of Midwest Farm Shows by clicking here.

If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here.

Western Farmers Electric Spends $100,000 to Help Begin Oklahoma Carbon Initiative
The Oklahoma Association of Conservation Districts and the Western Farmers Electric Cooperative (the Power Generating Coop owned by local electric Coops) have agreed to a $100,000 deal for a total of 9,429 tons of carbon that WFEC is buying- from the landowners that OACD will be gathering together. The OACD has formed an entity called the Oklahoma Carbon Initiative- and that is the arm of the OACD that will aggregate the carbon offsets for the money that Western Farmers has promised. Those monies will be paid out to landowners who sign up in the North Canadian Watershed in the central part of Oklahoma.

One of the most unique aspects of this partnership is that the signup is in tandem with a conservation program called Program 319- a water quality program that cost shares with producers that agree to new conservation practices on their land- no-till conservation tillage, riparian area management and improved pasture and rangeland management. The Oklahoma Conservation Commission will be verifying the conservation work is done according to contract for both the 319 program as well as the carbon offset contracts- which makes Oklahoma the first and the only state in the U.S. that has a way to allow the state to certify that a carbon credit bought is actually delivered by that environmental practice. State Executive Director Clay Pope of the Oklahoma Association of Conservation Districts says that should make carbon credits from Oklahoma more valuable than credits from any other location in the US- because of the verification that can and will be offered through this joint partnership of OACD and the state Conservation Commission.

We have this story as our Top Ag Story of the day on our website. We have the link to that story below- we have an interview with Clay Pope there as we talk further about this Oklahoma approach to dealing with carbon offsets and offering governmental certification that buyers get wheat they pay for when they are in the market for carbon credits.

Click here for more on the Carbon Credit Pilot Program for Oklahoma That is Now Underway.

2008 Oklahoma Wheat Show Grand Championship Claimed by Robert Parrish of Kremlin-Hillsdale.
It was his ninth and final year to show in the 2008 Oklahoma Wheat Show- and this freshman at Oklahoma State University finally got the big prize at the annual youth wheat show, coordinated by Dr. Kim Anderson and Oklahoma State University- and sponsored by OSU, the Oklahoma Wheat Commission and the Oklahoma Wheat Research Foundation.

Parish actually won first and third this year in the FFA division- third on his entry of the Endurance variety- and first for his Overley entry. The Champion 4-H entry was exhibited by Caleb Westfahl of Okeene 4-H Club- also with an entry of Overley wheat. Both of these young men earned $2000 in scholarship money this year-which maxed out them out because of the cap of $6000 that is set in the contest for the lifetime maximum one contestant can win in scholarship money.

The Overley variety was the big winner of the show, with seven of the ten scholarship award winners growing Overley for their entry. We have an audio overview with some comments from both Robert Parrish as well as show coordinator Dr. Kim Anderson available at the link below- check it out.

Click here for more on the Oklahoma Junior Wheat Show for 2008.

The Top Ten at the 2008 Junior Wheat Show
The top ten- five from 4-H and five from FFA- are given scholarships in this annual competition. Those young people winning scholarships include:

5th Place 4-H- Colvin Null of the Hobart 4-H (OK Bullet)
4th Place 4-H- Kelsey Meier, Okeene 4-H (Overley)
3rd Place 4-H- Morgan Westfahl, Okeene 4-H (OK Bullet)
2nd Place 4-H- Tyler Meier, Okeene 4-H (Overley)
and the 4-H Champion- Caleb Westfahl, Okeene 4-H (Overley)

5th Place in the FFA Division was claimed by Randy Kramer, Lomega FFA (Overley)
4th Place FFA- Zak Laubach, Guymon FFA (Overley)
3rd Place FFA- Robert Parrish, Kremlin-Hillsdale FFA (Endurance)
2nd Place FFA- Quntin Wray, Okeene FFA (Overley) and the Champion FFA entry- Robert Parrish of Kremlin-Hillsdale for his Overley entry.

More Soybean Acres- Fewer Wheat Acres in 2009?
Will more Soybeans be planted in 2009 versus 2008? Maybe, if you believe the very early planting intentions survey released this week by Farm Futures magazine that suggests that the input costs of corn could discourage producers from planting as many acres to corn as some analysts were anticipating for 2009.

And the survey suggests that wheat could be the loser in the acreage battles of 2009- with fewer acres expected for the cereal crop this coming growing season.

We have an audio overview of this survey with comments on it from Farm Futures magazine market analyst Alan Suderman- that overview is on our webpage on the link offered below.

Click here for a very early look at acres that might be planted to major crops in 2009.

This Coming Monday- THE Big Event at Express Ranches
Express Ranch in Yukon considers their annual Angus Production Sale "The Big Event" and the 2008 edition is their sixth annual renewal of this Labor Day Classic. Some 600 lots of Registered Angus cattle will be offered on September first, beginning at 10:00 AM- the sale to be held at the Express Ranch facilities just north of Yukon.

The offering on this coming Monday will include: 150 Spring Calving Pairs
75 Spring Calving Bred Heifers and Cows
40 Fall Calving Bred Heifers/Pairs
60 Fall Calving Cows
Elite Fall Yearling ET Heifers
70 Elite ET Heifer Calves
and 50 Lots of Donors, Pregnancies and Embryos.

We have the link for the catalog that is now on line at the Express Ranch website- click below to check out this outstanding offering that will be sold on September first. All heifers in the sale qualify for the Express Scholarship program, which has awarded over $2 million in scholarships to youth across the country. For more information on this year's "Big Event," call Express Ranches at 405-350-0044.

Click here for the on line Sale Catalog for the 2008 Angus Production Sale of Express Ranches.

Russian Prime Minister Vows to Slow Purchase of Chicken Legs from the USA
Russia is the U.S. poultry producer's biggest market. We ship them a lot of chicken leg quarters. But that could change. Russia's agriculture minister says his country could cut poultry and pork import quotas by hundreds of thousands of tons. That could hit U.S. producers hard. It comes amid heightened tensions between Moscow and Washington over the war in ex-Soviet Georgia.

The ITAR-Tass news agency quotes Alexei Gordeyev as saying - it is time to change the quota regime and reduce imports. He said - they have unfortunately built up in recent years. He suggested - domestic producers could make up the shortfall if imports were reduced.

Earlier, Prime Minister Vladimir Putin backed proposals to freeze some of the agreements - particularly in agriculture - relating to its efforts to join the 153-member World Trade Organization. Officials say Moscow agreed to certain conditions with member countries in return for their help in fast-tracking Russia's entry.

Running Late on this Friday
We are running later than normal on this Friday morning- lots of computer "challenges" as our dear friend Chester Grubbs would always say- but of course, Chester would also always say- "Men, we're winning!" And so, we are as get out a little lighter edition of this email before the three day weekend than normal.

Ag Futures take the day off on Monday- most livestock auction markets will be closed as well on Monday- and we will take the day off from writing this daily update. We return on Tuesday morning. We hope you have a great and safe holiday!

Our thanks to Midwest Farm Shows, Farm Credit Associations of Oklahoma and Producers Cooperative Oil Mill for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked at the top of the email- check them out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis!

We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.

Click here to check out WWW.OklahomaFarmReport.Com

Let's Check the Markets!

Here are some links we will leave in place on an ongoing basis- Click on the name of the report to go to that link:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- One Pager From Country Hedging- looks at all three US Wheat Futures Exchanges and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. <
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.

God Bless! You can reach us at the following:
phone: 405-473-6144

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