AgDay Daily Recap -December 5, 2012

December 5, 2012 04:57 AM
 

TODAY ON AGDAY
DECEMBER 5, 2012

KANSAS CITY BOARD OF TRADE:

GOOD MORNING I'M AL PELL IN FOR CLINTON GRIFFITHS. THE WHEAT MARKETING WORLD SEEMS TO BE GETTING SMALLER AS A DEAL TO SELL THE KANSAS CITY BOARD OF TRADE IS FINALIZED. THE WORD "VOLATILITY" WAS ROUTINELY USED IN MARKET CONVERSATIONS THIS YEAR. BETWEEN THE DROUGHT, UNCERTAINTY OF THE FARM BILL, AND THE REGULAR FLUCTUATIONS OF INPUTS, VOLATILITY IS A PART OF BUSINESS THAT PRODUCERS MUST FACE. RECENTLY, I TALKED WITH CHRIS BARRON. HE'S PART OWNER OF CARSON-BARRON FARMS IN IOWA. HE’S ALSO A REGULAR CONTRIBUTOR TO FARM JOURNAL AND AGWEB-DOT-COM ON INPUTS. CHRIS WARNS - WE HAVEN'T SEEN ANYTHING YET.

ETHANOL:

THE ENVIRONMENTAL PROTECTION AGENCY SAYS GRAIN SORGHUM IS NOW CONSIDERED AN ELIGIBLE FEEDSTOCK UNDER THE RENEWABLE FUELS STANDARD. MANY SORGHUM GROWERS ARE WELCOMING THIS NEWS.

CROP WATCH:

CROPWATCH THIS MORNING TAKES US TO SOUTHEAST UNITED STATES, WHERE SOME FARMERS ARE STILL BRINGING IN CROPS. MIKE HOFFMAN HAS DETAILS FROM THE AGDAY WEATHER-CENTER.

CHRISTMAS TREE:

THANKS MIKE. 'TIS THE SEASON TO DECK THE HALLS. MANY FOLKS ARE BUYING A REAL, FRESH, CHRISTMAS TREE FROM THEIR FAVORITE U-PICK FARM. IT TAKES SIX-TO-EIGHT YEARS FOR A CHRISTMAS TREE TO MATURE. NEWLY PLANTED SAPLINGS HAD THE MOST DIFFICULT TIME DEALING WITH THE 2012 DROUGHT. STEVE GRANT FROM AFFILIATE K-Y-TV HAS DETAILS FROM THE MISSOURI OZARKS.

ANALYSIS:

IT'S BEEN A CHALLENGING YEAR FOR MANY COTTON GROWERS. DROUGHT AFFECTED FIELDS THROUGHOUT THE COTTON BELT. AND PRICES HAVE BEEN WEAK BECAUSE GLOBAL SUPPLIES ARE ABUNDANT. WHEN CAN WE EXPECT A TURNAROUND?  IN TODAY'S ANALYSIS, TYNE MORGAN TALKS TO STEWART-PETERSON'S NAOMI BLOHM {BLOOM} ABOUT THE IMPLICATIONS ON THE COTTON MARKETS.

TEXAS PECAN GROWER:

THE LOCAL FEED STORE IS OFTEN A GATHERING PLACE FOR FARMERS. NOT ONLY DO THEY BUY FEED FOR LIVESTOCK, BUT FARMERS CAN GATHER KNOWLEDGE AND ADVICE. AND SOMETIMES THAT KNOWLEDGE CAN COME FROM SOMEONE MUCH YOUNGER THAN YOURSELF. THAT'S THE CASE IN GATESVILLE TEXAS WHERE A YOUNG COUPLE - WHO RUN THE FEEDSTORE - WERE JUST HONORED BY THE TEXAS FARM BUREAU. RYAN AND SANTANNA BAY ARE THE WINNERS OF THE EXCELLENCE IN AGRICULTURE AWARD. IN THIS FEATURE PROVIDED BY THE TEXAS FARM BUREAU, ED WOLFF SAYS THE BAY'S DEDICATION HELPS THE LOCAL FARM COMMUNITY FIND EXACTLY WHAT IT NEEDS. CONGRATULATIONS TO THE BAYS. AS THE WINNER FROM TEXAS, THEY WILL COMPETE AGAINST "EXCELLENCE IN AG" WINNERS FROM OTHER STATES AT THE NATIONAL FARM BUREAU CONVENTION IN JANUARY. GOOD LUCK TO THEM.

FOOD AND YOUR FAMILY:

WHEN IT COMES TO THE APPLE CROP THIS YEAR, IT APPEARS THE INDUSTRY WAS ABLE TO OVERCOME TERRIFIC WEATHER CHALLENGES IN THE EASTERN UNITED STATES. AS WE REPORTED EARLIER THIS YEAR, A SPRING FREEZE DEVASTATED THE MICHIGAN APPLE CROP AND TOOK A BITE IN NEW YORK AS WELL.

IN OTHER NEWS - WHAT HELPS DRAW YOU TO CERTAIN RESTAURANTS. IS IT THE FOOD? THE ATMOPHERE? THE SERVICE? THOSE DECISION-MAKERS ARE IMPORTANT TO RESTAURANT OWNERS.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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