Good morning I’m Clinton Griffiths. While we don't have the intense heat of summer, the lack of precipitation continues to intensify in parts of the Great Plains.
There's been improvement in moisture levels in the eastern cornbelt. In fact, it's delaying some harvest. Mike Hoffman has details in cropwatch.
Good news for dairy producers at this week's World Dairy Expo. The USDA set the class three milk price at $19 per hundredweight. That's up one-84 from the previous month---and just slightly lower than last year. It's the highest base price since last December. The class 4 price is 17-41.
While for the year, milk prices are down, U.S. dairy exports are on a record pace the first half of 2012. That's according to the U.S. Dairy Exports Council.
WORLD DAIRY EXPO:
As you could see, that was from an interview I did at the World Dairy Expo. We'll have more in-depth coverage from this year's Expo, starting next Monday, Tuesday and Wednesday.
There's been a lot of market discussion about selling the crop right off the combine. Does that advice still stand? Profarmer editor Chip Flory and senior market analyst Brian Grete join us from the ProFarmer studios to look at the market structure that seems to shift with each passing day of harvest.
At this time of year, many of us in agriculture are focused on two things: harvesting the fall crops and football. But rarely do you see those two things come together -until now. As AgDay’s Erica Goss tells us, the Texas Tech Red Raiders dedicated an entire football game to celebrate cotton. Nearly 59-thousand fans were at the 'celebrate cotton' game. And in case you're wondering, the Red Raiders defeated the New Mexico Lobos 49 to 14.
BEEF CHECKOFF GATE:
In food and your family, the beef industry continues its push to educate consumers on how steaks, roast and hamburgers make it from gate to plate. Brian Baxter tells us about an event showcasing the production chain in this report from the Cattlemen's Beef Board.