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AgDay Daily Recap -September 11, 2012

September 11, 2012
 
 

TODAY ON AGDAY
SEPTEMBER 11, 2012

Good morning I’m Clinton Griffiths. Dry conditions are keeping some farmers from "dusting in" their winter wheat.

ARKANSAS RATOON RICE:

In Arkansas, some rice farmers are growing a second rice crop this year. That's because they were able to take-off the first crop earlier than normal. Ken Moore has details in this report provided by the Arkansas Farm Bureau.

WASDE REPORT:

On Wednesday the USDA releases its latest WASDE report. Many expect the department to continue lowering feed demand.

MILK:

Class three milk prices continue to inch lower. According to analysts at FC Stone, market demand remains uncertain. In August the September class 3 contract closed above 19-60. Today it's nearly a dollar lower. Analysts say the fourth quarter may improve thanks in part to heavy culling of dairy cows. As of last month, dairy cow slaughter rates were up more than 5% over last year. Nearly 2 million head were taken out of production.

HAY LOSS:

This year's drought has sent not only grain prices higher but hay prices as well. That's why extension experts are stressing the importance to reducing loss.

CROP WATCH:

Outside the cornbelt, some farmers are seeing very respectable yields. Mike Hoffman has details in cropwatch.

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