AgDay Daily Recap -November 30, 2012

November 30, 2012 04:57 AM
 

TODAY ON AGDAY
NOVEMBER 30, 2012

DROUGHT MONITOR:

Good morning I’m Clinton Griffiths. Drought isn't releasing it’s strangle hold on American agriculture just yet. The latest drought monitor is our top story on AgDay.

FARM BILL:

That dry weather has many producers pining for a new Farm Bill. But as lawmakers squabble over the fiscal cliff, there's no clear picture - at this point - of the Farm Bill. Washington insiders tell AgDay that any savings from the Farm Bill would go towards paying for fiscal cliff legislation. We talked with Iowa Senator Chuck Grassley who prefers a standalone piece of legislation for farm policy, but tying it into fiscal cliff policy is possible.

LUCAS:

Oklahoma Congressman Frank Lucas has been re-elected to a second term as Chairman of the House Agriculture Committee. The House Republican Conference re-elected the lawmaker from Oklahoma. He was re-elected to an 11th term in Congress during the general election.

CROP INSURANCE PREMIUMS:

If you use crop insurance, this may be good news. Premium rates are going to drop for many farmers in the Midwest and mid-south. However, other states won't be so lucky. USDA's risk management agency is updating the rates for six major crops.

CROP WATCH:

Nationwide harvest has nearly wrapped-up. Mike Hoffman has details on a few locations where work is still underway, in cropwatch.

LSU WINTER WHEAT:

The U.S. winter wheat crop continues to struggle through dry weather. In Louisiana many farmers are waiting on rain to get a crop in the ground. LSU Agcenter's Tobie Blanchard reports that dry weather is impacting how many acres will be planted this year.

SOUTH DAKOTA LAND:

In agribusiness today, South Dakota land sales are now setting records. A farm in Brown County sold for 13-thousand dollars an acre. The 158 acre parcel beat the previous per acre record by nearly 5 thousand dollars.

JAPAN IMPORTS:
And in other business news, Japan has stopped importing beef from a U.S. plant in Nebraska.

The country says the product didn't have the right documents to meet its food safety requirements. According to officials the Cargill plant couldn't confirm the age of the cattle. Japan limits imports of beef to cattle 20 months of age or younger. It’s currently working to relax those regulations allowing slightly older cattle.

PROFIT BRIEFING:

As we've been reporting, the hard red winter wheat crop is heading into winter dormancy with less than ideal conditions. The primary wheat belt which stretches through the plains is ground zero for the drought. Profarmer Editor Chip Flory and Senior Market Analyst Brian Grete join us from the Profarmer studios to look at the market structure.

VA APPLE BUTTER:

No doubt this holiday season you're pulling a few family recipes off the shelf. These time honored traditions usually live on because of their quality. And for one woman in Virginia, a secret family recipe is helping her make a living. Sherry McKinney shows us how Ann’s apple butter is bubbling with potential in this report from the Virginia Farm Bureau.

UT GARDEN:

As summer gardens slip into memories past, the connection to the earth remains strong.

This season there's a special garden in one Tennessee town where food, and a sense of accomplishment, grows tall with each plant. Chuck Denney shows us the impact that planting a few seeds in the summer can have in the fall and beyond.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
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