Good morning I’m Clinton Griffiths. Exports of American farm products continues to be one of the few bright spots in the economy.
LSU WINTER WHEAT:
The U.S. winter wheat crop continues to struggle through dry weather. In Louisiana, good conditions helped wheat growers get their crop in quickly. And the acreage is higher. LSU Agcenter's Tobie Blanchard reports while there was dryness, timely rains are helping the crop emerge.
There's no doubt women play an increasingly important role on the farm. With more than 170 producers in the room, many of which grow row crops, a topic on many of their minds has been corn versus soybean acreage next year. Tyne Morgan caught up with Profarmer' Julianne Johnston to see how the price ratio between the two crops could impact acreage next year.
As another season winds down, many livestock producers are thankful for any hay they cut earlier this year. Mike Hoffman has details in cropwatch.
A little hope has been brought back into the Farm Bill conversation. Republican Senator Pat Roberts says he's now willing to compromise on certain portions of the bill. Roberts told Politico he's prepared to accept target price supports that are important to southern producers. In the past, Roberts has been outspoken about his opposition to target prices and that's created a hurdle in locking in a deal with the house. Roberts is the ranking Republican on the Senate AG Committee.
Triple A motor-club - the folks who monitor gas prices - is coming out against the ethanol blend E-15. Earlier this summer, the federal government approved the use of gasoline with 15% ethanol blended in.
Home improvement store "Menards" is taking drastic steps to insure its stores in North Dakota are staffed. The business is struggling to hire people at its store in the city of Minot because so many people are working for the growing oil industry. So, Menards announced it will hire 50 people from its home town of O’Claire, Wisconsin and fly them each week to Minot, North Dakota to work at the store there.
Time is quickly running out for Congress to resolve the looming fiscal cliff. In today's analysis, Tyne Morgan talks to Stewart-Peterson's Naomi Blohm about the implications on the markets.