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AgDay Daily Recap -September 4, 2012

September 4, 2012
 
 

TODAY ON AGDAY
SEPTEMBER 4, 2012

SEED SUPPLY:

Good morning I’m Clinton Griffiths.  We hope you had a nice labor day. We begin with a status check of the U.S. seed supply which has not been immune to the summer's drought.

EXPORTS:

It appears agriculture continues to be one of the few bright spots in the American economy.

DROUGHT MONITOR:

Hurricane Isaac’s swing through the Midwest should help improve drought conditions. As of last week the National Weather Service showed 52% of the U.S. Is in moderate drought or worse.

USDA GRAZING EXTENSION:

To help ranchers weather the dry conditions, U.S. AD Secretary Tom Vilsack is extending emergency grazing of the nation's CRP acres for an additional two months.

CATTLE PRODUCER:

Not all cattle producers have turned to emergency grazing just yet. Jon Blin of Independence, Iowa says he doesn't have a large herd, which is working in his advantage. But if things don't get better, that option is on the table. He says the droughts impact could be felt for years and may dictate how many animals he raises.

GRAZING RECORDS:

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