TODAY ON AGDAY
SEPTEMBER 28, 2012
NORTH CAROLINA GRAIN:
Good morning I’m Tyne Morgan in for Clinton Griffiths. Sky rocketing grain prices are forcing livestock producers to look to other countries for grain.
Meanwhile, later this morning we'll get a handle on the latest grain supply numbers.
USDA releases its quarterly grain stocks report at 8:30 eastern time. Our partners at Profarmer say the key will be how much of the current harvest is counted towards the September first stocks figure. You’ll be able to access those reports immediately on agweb.com.
Farmers in the western cornbelt are still looking for drought relief. While most look to the sky, experts at USDA say part of the drought solution is below us, not above us, in the soil. USDA's Bob Ellison shows us why.
Meanwhile, Dow Agrosciences Agronomist John Long says good applications of fall fertility will also help soils that are suffering from the drought. He says in areas that have received some rain relief and have adequate soil moisture, fall applications of anhydrous ammonia will be beneficial. During this year's Farm Progress show, tillage was a major focus which could help alleviate soil compaction left from the drought.
Russia has suspended the use and importation of genetically modified corn from Monsanto. Monsanto says the ban will have little effect on the company since the Russian government doesn't allow farmers to plant biotech crops. The ban comes after a study by a university in France claimed genetically modified corn caused tumors and other negative health effects in rats. Monsanto says the study is flawed since it doesn't provide critical information about how the research was done. Monsanto also says the data presented doesn't support the author's interpretations.