AgDay Daily Recap -February 7, 2013

February 7, 2013 04:57 AM
 

TODAY ON AGDAY
FEBRUARY 7, 2013

NCBA CONVENES:

GOOD MORNING I'M AL PELL.  FROM HIGH FEED COSTS TO DECLINING HERD SIZE, THERE'S NO SHORTAGE OF ISSUES THAT CATTLEMEN WILL ADDRESS AS THE INDUSTRY GATHERS THIS WEEK. AND THAT'S OUR TOP STORY ON AGDAY. DAY TWO OF THE 'CATTLE INDUSTRY CONVENTION AND NCBA TRADE SHOW' GETS GOING LATER THIS MORNING IN TAMPA, FLORIDA. CATTLE PRODUCERS FROM ACROSS THE COUNTRY WILL GATHER TO DISCUSS ISSUES THE INDUSTRY MUST FACE, SUCH AS THE DWINDLING HERD SIZE BROUGHT ON BY PERSISTENT DROUGHT.

ETHANOL RFA:

THANKS CLINTON. MEANWHILE, THE ETHANOL INDUSTRY IS ALSO GATHERING THIS WEEK FOR ITS ANNUAL MEETING. AND ONE OF ITS MOST VOCAL SUPPORTERS SAYS THE INDUSTRY IS - QUOTING HERE - "UNDER SIEGE". DINNEEN SAYS THE R-F-A COMMISSIONED A POLL ABOUT ETHANOL USE IN THIS COUNTRY. THE PHONE SURVEY REACHED A THOUSAND ADULTS. THE R-F-A SAYS 64-PERCENT OF THOSE SURVEYED SUPPORT THE RENEWABLE FUELS STANDARD.

CROP WATCH:

LET'S GET YOUR FIRST LOOK AT FARM COUNTRY WEATHER. FOR THAT, WE TURN TO METEOROLOGIST MIKE HOFFMAN. GOOD MORNING MIKE.

AGCO EARNINGS:

IN MACHINERY MINUTE - AGCO IS REPORTING A STRONG FOURTH QUARTER. THE EQUIPMENT MAKER SAYS NET SALES HIT TWO-POINT-SEVEN BILLION DOLLARS FOR THE FOURTH QUARTER OF 2012. THAT'S UP MORE THAN SEVEN PERCENT FROM THE SAME PERIOD IN 2011. FOR THE YEAR. NET SALES ARE UP ABOUT 13-PERCENT. THE COMPANY SAYS THE MOST SIGNIFICANT INCREASES WERE IN HIGH HORSEPOWER TRACTORS, HAY EQUIPMENT AND SPRAYERS.

POST OFFICE:

THE FINANCIALLY STRUGGLING U-S POSTAL SERVICE SAYS IT WILL STOP HOME DELIVERY OF MAIL ON SATURDAYS. THE POST OFFICE SAYS BY CUTTING BACK SERVICE, IT WILL SAVE ABOUT TWO BILLION DOLLARS A YEAR.

ANALYSIS:

AFTER THE DROUGHT YEAR OF 2012, CROP INSURANCE IS SHOWING ITS BENEFITS. BUT SHOULD THAT TOOL BE A PART OF YOUR MARKETING GAME PLAN? TYNE MORGAN HAS MORE IN ANALYSIS.

DAKOTA QUILT TRAIL:

IN MANY PARTS OF THE COUNTRY, MULTI-COLORED QUILTS ARE BEGINNING TO POP-UP IN THE MOST-UNUSAL PLACES.  THEY'RE NOT HAND-STITCHED QUILTS JUST FLAPPING IN THE BREEZE.  RATHER, THEY ARE PAINTED ON PLYWOOD AND ATTACHED TO BARNS AND TOOL-SHEDS. IT'S BECOME A POPULAR TOURIST ATTRACTION. IN FACT SOME TOURISM OFFICES PROVIDE A MAP TO TRAVELERS SO THEY CAN VISIT EACH FARM THAT HAS A QUILT. CLIFF NAYLOR FROM KFYR-TV TAKES US ON THE QUILT TRAIL OF NORTH DAKOTA.

PLANTERS PEANUTS:

IN FOOD AND YOUR FAMILY - PLANTERS PEANUTS IS APPARENTLY 'MAKING THE GRADE' WHEN IT COMES TO HEART-HEALTH. THE COMPANY ANNOUNCED THAT TWO OF ITS SIGNATURE PRODUCTS RECEIVED THE 'HEART-CHECK MARK' FROM THE AMERICAN HEART ASSOCIATION.

PEANUT SHOW:

LAST MONTH, I ATTENDED THE GEORGIA PEANUT FARM SHOW IN TIFTON GEORGIA. THE ANNUAL TRADE SHOW GATHERS GROWERS, AGRONOMISTS AND MARKETERS TO SHARE IDEAS ON HOW TO IMPROVE THE CROP. I TALKED WITH THE EXECUTIVE DIRECTOR O THE SOUTHERN PEANUTS GROWER ASSOCIATION ABOUT GETTING THE WORD OUT ABOUT PEANUTS.

 

 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 <​/span> 
 
 
 
 
 
 
 
 
 
 
&​nbsp;
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
&nb​sp;
 
 
 
 
 
 
 
 
 
 

CONTACT:
We'd love to hear from you! Contact us at 800-792-4329. Or drop an email to inbox@agday.com. You can also check us out on Facebook.

 

Back to news

Comments

 

Rate this News Article:

Spell Check

No comments have been posted to this News Article

Close