From: Ron Hays []
Sent: Sunday, January 20, 2008 16:42
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Monday January 21, 2008!
A service of Farm Credit of East Central Oklahoma, KIS Futures & Midwest Farm Shows
-- Martin Luther King, Jr. Holiday- Some things open- a lot closed...
-- Talking Biofuels with Ray Huhnke of OSU.
-- Farm Bill Process Likened to Molasses in January- NAWG.
-- The Battle For Acres in 2008- It's Very Real- so says Bob Young of American Farm Bureau.
-- Coming February Second- the Western Oklahoma All Breed Bull Sale in Cheyenne!
-- Oklahoma's Farmer's and Rancher's Almanack for 2008- Want a Copy???

Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to welcome KIS Futures as a regular sponsor of our daily E-Mail. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for their website or call them at 1-800-256-2555.

We welcome back Farm Credit of East Central Oklahoma as a regular sponsor of our daily email update. Farm Credit of East Central Oklahoma has ten branch offices to serve your farm financing needs and is dedicated to being your first choice for farm credit. Check out their website for more information by clicking here!
And our email this morning is also a service of Midwest Farm Shows, producer of the just concluded Tulsa Farm Show, as well as the Southern Plains Farm Show in Oklahoma City this coming April! 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.

Martin Luther King, Jr. Holiday- Some things open- a lot closed...
The Commodity markets are closed on this Monday, in honor of the life of Martin Luther King, Jr. Most government offices will be closed as well. That includes USDA offices as well as the Postal Service and your friendly mail carrier.

Most places of business remain open- and that will include our livestock auction markets.

We have a shortened version of our daily email for you today- and will be back to a full sized edition on Tuesday.

Talking Biofuels with Ray Huhnke of OSU.
Our guest this past Saturday morning on our In the Field segment on KWTV News9 was Dr. Ray Huhnke, OSU Biofuels Team Leader. We talked about the story we reported to you last week on our daily email about the technology that was licensed to the startup Cellulosic Ethanol company that is going to partner with General Motors in trying to bring this method of ethanol production into the mainstream.

The beauty of this research is that the technology licensed by OSU can be utilized by just about any biomaterials, can be cheaply produced (about $1.25 per gallon), offers great net energy return (OSU says more than 3 to 1 and Coskata thinks they can take that up to a 7 to 1 ratio) and the process uses a gallon or less of water per gallon of ethanol produced- it has answers to about every question raised by the naysayers about ethanol out there!!!

We have the video clip with Dr. Huhnke linked on the front page of our website, WWW.OklahomaFarmReport.Com- and it's also linked below so you can jump there from our email. We also have a couple of articles on this story linked on our front page as well- just scroll down and take a look after going to the link on our site.

Click here for the In the Field Segment from KWTV News9 with Ray Huhnke of OSU.

Farm Bill Process Likened to Molasses in January- NAWG.
Here are some of the comments offered by the writer of the weekly wheat industry newsletter from the National Association of Wheat Growers- as Congress prepares to get back to work fully tomorrow with both the House and Senate back inside the Beltway for the first time in the new year.

NAWG says "The farm bill pace in Washington is moving, but its rate of speed is similar to that of molasses flowing in January. NAWG First Vice President David Cleavinger was in town this week for a series of appointments on the legislation and, while the path forward is beginning to take shape, the details remain murky and there are some serious obstacles in the way.

"The major issue holding up serious work is funding sources. Both the Senate and House bills included provisions to raise additional funds for farm bill programs; without them, there would have been no way to provide increases for conservation, nutrition and specialty crops without making substantial cuts somewhere else."

The NAWG article goes on to say "The bottom line on the revenue provisions is that the Senate won't accept what the House did, and the House won't accept what the Senate did. Until the Senate Finance Committee and the House Ways and Means Committee can come to an agreement on the revenue issue, Agriculture Committee Senators and Representatives cannot make much progress on titles for commodities, conservation, nutrition or energy. This also means the fight to protect direct payments isn't over. NAWG continues to defend the direct payment as the most weather-resistant, World Trade Organization- friendly farm program tool in the toolbox."
They also talk about he multiple lines in the sand drawn by the Administration and the fact that "winter wheat farmers planted without a safety net, and now spring croppers are lining up their inputs and seeding plans without any clear knowledge of the program provisions. It's time to get this bill finished."

Here's a link to the full article on where the NAWG sees the farm bill as we hit MLK day.

The Battle For Acres in 2008- It's Very Real- so says Bob Young of American Farm Bureau.
At the recent AFBF convention in New Orleans, we had the chance to team up with fellow farm broadcaster Randy Koenin of North Dakota in visiting with the Chief Economist of the American Farm Bureau, Dr. Bob Young. Young says that we are going to have a real battle between corn, soybeans and to some extent, cotton over the available acres that can be switched between one crop to another as demand for all three commodities is strong- both domestically as well as internationally given the cheapness of the US dollar.

He adds that the costs of inputs for all the commodities have placed a new floor under the crops. He says that he sees a new "floor" price for corn at around $3.00- that under that, the cost of inputs will dictate that acres of production will diminish. He adds that the same is true in other crops as well.

We also asked about technology in the years to come- will annual yield increases in a crop like corn allow us to eventually produce ourselves into a surplus of this grain once again? He says he thinks that may well happen in a couple of years down the road- adding that we have an uncanny ability to meet supply needs and always go past those goals. You can hear our interview with Dr. Young by clicking on our link below- it's a good overview of where we are in growing grains and oilseeds in this country.

Click here to listen to Ron, Randy and Bob talk Commodities.

Coming February Second- the Western Oklahoma All Breed Bull Sale in Cheyenne!
It's the 30th annual All Breed Bull Sale being put on by the Roger Mills County Cattlemen's Association on Saturday, February second at 12 noon. The location of the sale will be the Roger Mills County Ag Pavilion in Cheyenne.

They have 72 bulls consigned- and you can get information on those consignments by calling either Lynda Lucas at 580-497-7366 or Earl Bottom at 580- 831-0633 for details.

Oklahoma's Farmer's and Rancher's Almanack for 2008- Want a Copy???
If you would like a copy of the 2008 edition of the Oklahoma Farmer's and Rancher's Almanack, I have ten copies that I will send to the first ten folks that email me at the address found elsewhere in this daily update- and give us a critique of our daily report. If you like it, tell us why. If you have something that gripes you about it, tell me why as well- and at least you'll get something for your trouble.

This is the second year that Ben Elliott, the Editor of this Almanack designed specifically for Oklahoma has published this handy little book. Elliott is located in Norman- and has a website, which we have linked for you below in case you don't email us and win a copy- and you might like to buy one.

Things like all the official holidays as designated by the Oklahoma Legislature are noted- the planting dates are calculated with Oklahoma's climate in mind- and sunrise and sunset times are based for folks here in our state. If you enjoy having an Almanack around, it's a fun publication to have handy.

Click here for the Oklahoma Almanack Website.

Our thanks to Midwest Farm Shows, KIS Futures and Farm Credit of East Central Oklahomafor 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

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

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