TODAY ON AGDAY
OCTOBER 11, 2012
Good morning I’m Clinton Griffiths. Will USDA up its forecast of this years major crops? The market will be watching...
1988 VS. 2012:
Through-out the summer, we heard plenty of comparisons of this year’s drought to the benchmark set in 1988. An economist from the University of Illinois decided to put the crops in the big "eye" states side-by-side. Todd Gleason shows us how the years stack-up.
It's not only winter wheat seeding time, but some growers are putting-in their onions. That's one of our stops in cropwatch.
While USDA continues to figure out how it wants to address a national animal ID system to help track disease outbreaks, the state of Texas is moving forward with its own plan.
Questions about demand and high prices at the retailer are filling the beef supply chain with uncertainty. According to the Chicago Mercantile Exchange, the number of steers and heifers on the rail are down nearly 6½% year to date. Packers have slowed slaughter schedules in an effort maintain margins. Demand is mixed as well. A dip in pork and poultry prices the last couple of months gave retailers a chance to feature meats outside of beef.
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