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USFR Weekly Recap - December 8-9, 2012

December 8, 2012

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2052

DECEMBER 8-9, 2012  

 

JOHN’S OPEN:

Hello and welcome to U.S. Farm Report, I’m John Phipps. Call me old-fashioned, but I’m dreaming of a wet Christmas. The old-fashioned kind with cold, gray rains falling slowly for hours on unfrozen fields. Muddy tracks in the kitchen; dripping coats by the door, and gloomy afternoons that make winter days seem even shorter. Ah - happy memories. I've discovered nostalgia can be arranged to fit your mood, and I’m mood for liquid to replenish desiccated soils. Snow may be pretty, but it doesn't pack the moisture punch we need to lighten up the drought map. So when Bing Crosby and Rosemary Clooney appear on your TV this season, you sing along your words, I’ll sing mine.

Headlines:

As the odds of passing a comprehensive farm bill look slim before the new year, disagreement over safety net particulars continues. Meanwhile, the animal ID system could be introduced in the next month. During our visit to the nation’s capital, we  visited with AG Secretary Tom Vilsack. He says traceability of animal diseases is important in negotiating with trade partners and USDA is currently finalizing the rules, which will be implemented soon. The CME group has finished its acquisition of the KC board of trade. That move combines CME's futures and options in soft red winter wheat with Kansas City’s' hard red winter wheat market.

CROP WATCH:
crop watch this week.

ROUNDTABLE:

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