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 have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for the free market quote page they provide us for our website or call them at 1-800-256-2555.

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.

And we salute our longest running email sponsor- Midwest Farm Shows, producer of the springtime Southern Plains Farm Show, as well as the December 2009 Tulsa Farm Show. Click here for more information on the Tulsa Show, coming up December 10,11 and 12, 2009.

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.

"One of the major failings of H.R. 2454 was that the measure failed to provide a cost-effective blueprint to transition to a clean energy economy," said Stallman. "S. 1733 exhibits the same shortcoming." Stallman stressed that cap and trade legislation would result in higher fuel, fertilizer and energy costs to farmers and ranchers. Cost increases incurred by utilities and other providers resulting from climate change legislation would ultimately be borne by consumers.

Stallman adds that S. 1733 does not make economic sense for agriculture. According to the latest Environmental Protection Agency report "Inventory of U.S. Greenhouse Gas Emissions and Sinks: 1990-2005," updated in 2008, agriculture and forestry emit between 6 percent and 7 percent of the total GHG emitted in the U.S. The same EPA report also indicates that agriculture and forestry have the potential to sequester between 15 percent and 20 percent of total U.S. emissions. Currently these two sectors sequester about 11 percent of total emissions, so these sectors are responsible for reducing more GHG emissions than they emit.

Click on the link below for more on the Stallman testimony- and that includes an audio overview of what he told lawmakers- including the top Republican on the EPW Committee, Jim Inhofe of Oklahoma.

Click here for more on the Bob Stallman tesimoney on Climate Change Legislation in the Senate.

While the wheat market dropped about 50 cents this week, Dr. Anderson says that planting issues in both the Soft red Winter and Hard Red Winter wheat belts will likely keep the market from falling lower, at least for the time being. He believes that the $5.00 level, basis the December 2009 KC wheat contract will hold, at least for the time being.

Kim's comments are a part of this weekend's SUNUP program- and we have the audio of his conversation with Clinton Griffiths on our website at the link below- as well as the full lineup for the SUNUP program as will be seen on OETA. They have some good stuff lined up from last week's Biofuels Field Day and more on this week's program- take a look.

Click here for more on the grain market with Kim Anderson- plus the SUNUP Lineup for This weekend.

Dr. Peel believes that we have finally a little bit of profit in the Close Outs of pens of cattle sold in the last two weeks. Slaughter cattle have sold for $88 this week in the Texas/Oklahoma feedlots, and it's likely most of those pens of cattle made money as they were sold.

Peel sees a brighter picture for 2010, especially for the cow calf producers, as long as they continue to work to control costs. Better calf prices and more profits are in the cards for the cow-calf sector in 2010, although the timing is still uncertain, according to Dr. Peel.
Besides looking at prices- we also talked about COOL with Derrell Peel- he sees the Mexicans and the Canadians looking for ways to hit back at the US beef cattle industry because of COOL, which they claim has cost their cattle producers millions of dollars.

Click here for more with Derrell Peel on the current state of the cattle markets- plus a quick look at the fallout of COOL with the Mexicans and Canadians

Last year, China was the U.S. pork industry's fastest growing market, accounting for $560 million in U.S. pork exports. (By comparison, the industry's largest export market in value terms, Japan, accounted for $1.55 billion in pork exports in 2008.) China imposed H1N1 restrictions in May, grinding U.S. pork exports there to a halt.

"This is good news for U.S. pork producers, who have been suffering through an economic crisis for the past two years," said National Pork Producers Council President Don Butler. "China is, by far, the largest potential money-making opportunity for the U.S. pork industry."

You can read more about this word coming from China and the promise they have made to reopen their marketplace to US pork- just click on the link below.

Click here for more on the decision by the Chinese to reopen their market to US Pork

"Purpose of the post-eradication phase is to ensure against reinfestation of the weevil in areas declared free of the insect," he said. "Without post-eradication monitoring of cotton fields, the potential for reinfestation in as little as one season is very real. This potential is related to the boll weevil life cycle."

Depending on field conditions, there can be as many as four to five to as many as eight to 10 generations of weevils born in one growing season. During this period, one pair of undetected weevils can generate as many as 12 million offspring, although two million is more typical, he said. "Early detection, along with timely and appropriate responce in post-eradication breaks the boll weevil life cycle," Harris said. "This signicantly reduces the threat of major re-infestations in previously eradicated areas."
We have more on this story-click on the link below- and we say thanks to Vic Schoonover of NTOK for getting this story to us.

Click here for more on the Oklahoma Cotton Industry's Success in the Boll Weevil Eradication Efforts.

The tour will feature TG Farms, the Chisholm Trail Heritage Center, Sooner J Ranch, Woods and Waters Winery and Red Silo Productions. Abby Cash, Oklahoma Agritourism Director, said anyone interested in becoming involved in this type of business venue will find the tour useful. "The agritourism businesses we will tour offer an incredibly diverse variety of attractions and will present a lot of great ideas," she said. "We will visit two fall attractions, an outstanding Accredited Agritourism Winery, a working ranch and hunting lodge, and a farm and ranch attraction museum."

You can call Abby calling Cash at (405) 522-5652 for last minute registration information and to see if any spots are still available on the bus. And click on the link below to listen to what is happening in the Agritourism segment of Oklahoma Agriculture with Abby Cash.

Click here for more on Agritourism and the Rolling Workshop that Happens Next Thursday

The final Lease Auction planned for 2009 occurs Tuesday, November 3, 2009 at the Gordon Cooper Tech Center in Shawnee.
Leases in Pottawatomie, Cleveland, Lincoln, Oklahoma and McClain Counties will be offered.

Click on the link below and you will be taken to the Master List of tracts being auctioned off by County.
You can also call the School Land Commission state office in Oklahoma City if you have questions- that number is 1-888-355-2637.

Click here for the full listing of tracts of land that will be offered- listed by County- in the 2009 Oklahoma School Land Lease Auctions.

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

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- Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat 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.