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AgDay Daily Recap - October 27, 2010

October 27, 2010
 
 

TODAY ON AGDAY:

OCTOBER 27, 2010

VILSACK ETHANOL:

FOLLOWING UP ON THE BIOFUELS INITIATIVES THAT HE ANNOUNCED LAST WEEK, AGRICULTURE SECRETARY TOM VILSACK IS ON THE ROAD TO HIGHLIGHT THE IMPORTANCE OF ETHANOL PRODUCTION OUTSIDE THE CORNBELT. VILSACK VISITED "FIRST UNITED ETHANOL" IN MITCHELL COUNTY, GEORGIA. FIRST UNITED - - OR FUEL - - WAS THE FIRST ETHANOL PLANT TO OPEN IN SOUTHEAST UNITED STATES. IT BEGAN PRODUCTION IN OCTOBER 2008 AND NOW PRODUCES 100-MILLION GALLONS A YEAR. SECRETARY VILSACK SAYS THAT PART OF THE COUNTRY IS POSITIONED TO ASSIST IN CREATING NEW BIOREFINERIES WITH FEEDSTOCKS OTHER THAN CORN. DURING LAST WEEK'S ADDRESS TO THE NATIONAL PRESS CLUB, VILSACK ANNOUNCED USDA PROGRAMS TO ENCOURAGE THE INSTALLATION OF AN ETHANOL INFRASTRUCTURE IN THIS COUNTRY. HIS DEPARTMENT SET A GOAL TO INSTALL 10,000 NEW BLENDER BUMPS IN THE NEXT FIVE YEARS. BLENDER PUMPS WOULD ALLOW FOR HIGHER BLENDS OF ETHANOL. VILSACK ALSO UNVEILED FINAL RULES FOR THE BIOMASS CROP ASSISTANCE PROGRAM THAT WOULD ENCOURAGE FARMERS TO GROW FEEDSTOCKS FOR THE NEXT GENERATION OF ETHANOL.

ILLINOIS ENERGY GRASSES:

SOME OF THAT RESEARCH SECRETARY VILSACK TALKED ABOUT IS TAKING PLACE AT THE UNIVERSITY OF ILLINOIS, AND OTHER LAND-GRANT SCHOOLS ACROSS THE COUNTRY. ONCE KNOWN AS THE PRAIRIE STATE, ILLINOIS FARMERS COULD PROVIDE THE FEEDSTOCK FOR CELLULOSIC ETHANOL. TODD GLEASON HAS DETAILS IN THIS REPORT FROM THE U OF I

STATE BY STATE:

IN OUR LOOK AT AGRICULTURE STATE BY STATE, INDIANA THE USDA ANNOUNCED LOAN GUARANTEES AND GRANTS FOR PRODUCERS TO IMPROVE ENERGY EFFICIENCY. THE NEARLY 2 MILLION DOLLARS IN FUNDING WAS ANNOUNCED BY AGRICULTURE DEPUTY SECRETARY KATHLEEN MERRIGAN. IT’S PART OF THE USDA RURAL ENERGY FOR AMERICA PROGRAM--OR REAP. THE REAP MONEY WILL HELP PRODUCERS AND RURAL LAND OWNERS INSTALL THINGS LIKE EFFICIENT GRAIN DRIERS, SOLAR PANELS AND UPGRADE ELECTRICAL SYSTEMS. A FAST HARVEST AND MORE ACRES, HAS GARDEN CITY KANSAS BUSTING AT THE SEAMS. WITH GRAIN STILL IN THE BINS FROM LAST YEAR, KANSAS ELEVATORS ARE PUTTING MILLIONS OF TONS OF CORN OUT ON THE GROUND. THE STATE PLANTED 700,000 MORE ACRES IN 2009--ITS LARGEST CROP SINCE 1933. COOPERATIVES ARE LOOKING TO EXPAND BUT ARE AUTHORIZED TO STORE AT LEAST, 26 MILLION BUSHELS ON THE GROUND.

IN RACINE, WISCONSIN, STRONG WINDS AND STORMS DAMAGED A CNH FACTORY TUESDAY. A COMPANY SPOKESMAN SAYS AT LEAST TWO EMPLOYEES SUFFERED MINOR INJURIES. CNH SAYS PART OF THE ROOF BLEW OFF, THERE WAS DAMAGE TO THE PARTS DISTRIBUTION BUILDING, AND THERE WAS WATER DAMAGE FROM THE SPRINKLER SYSTEM BEING ENGAGED. ACCORDING TO CNH SPOKESMAN DUANE NELSON THE PLANT'S ASSEMBLY LINES SEEMS TO BE THE LEAST AFFECTED, BUT IT IS UNKNOWN WHEN THE FACTORY WILL BE BACK TO FULL PRODUCTION. THIS FACTORY MAKES CASE IH MAGNUM AND NEW HOLLAND T8 TRACTORS.

MARKETING RALLY:

IN AGRIBUSINESS, WITH SUCH VOLATILITY IN THE GRAIN MARKETS, NOW MAY BE THE PERFECT TIME TO GET EXPERT ADVICE ON MARKETING YOUR CROP. AND WE HAVE THE SOLUTION FOR YOU. REGISTRATION IS NOW OPEN FOR THE 2010 MARKETING RALLY. NOW IN ITS SECOND YEAR, WE'VE ASSEMBLED 16 OF THE SHARPEST MINDS IN GRAIN MARKETING. MANY OF THE PANELISTS YOU SEE EVERY DAY ON AGDAY. WE'LL CONVENE FOR A TWO DAY INTENSIVE COURSE IN MAKING THE MOST FROM YOUR CROPS. THERE'LL BE GENERAL SESSIONS, AS WELL AS INDIVIDUAL SESSIONS WITH THE VARIOUS MARKETING ANALYSTS.  BUT DON'T WAIT TO REGISTER. THE 2010 MARKETING RALLY TAKES PLACE DECEMBER FIRST AND SECOND AT PHEASANT RUN RESORT IN ST. CHARLES, ILLINOIS. THAT'S A WESTERN SUBURB OF CHICAGO. TO LEARN MORE ABOUT THE ANALYSTS AND THE PROGRAM, GO THE WWW.MARKETINGRALLY.COM . NOW HERE'S AGRIBUSINESS DIRECTOR AL PELL WITH THIS MORNING'S ANALYSIS.

ANALYSIS:

BRYAN DOHERTY

IN THE COUNTRY; STARVING ARTISTS:

PART OF WHAT MAKES AGRICULTURE GREAT IN THIS COUNTRY IS THE SUPPORT SYSTEM IT HAS IN PLACE. THE INCLUDES THE COOPERATIVE EXTENSION SERVICE. FOR DECADES EXTENSION HAS BEEN PRODUCERS TIE TO UNIVERSITY RESEARCH, EXPERTS AND INFORMATION. TODAY, THAT MISSION INCLUDES MORE THAN JUST GRAINS, LIVESTOCK AND FOOD. AS KENT FADIS REPORTS FROM THE UNIVERSITY OF MISSOURI, IN THAT STATE-- EXTENSION IS HELPING EVERYONE EAT BY EXTENDING THE IDEAS OF BETTER BUSINESS TO EVERYONE, INCLUDING STARVING ARTISTS. THANKS KENT. ARTIST INC LEADERS SAY FOR EVERY DOLLAR PUT INTO THE PROGRAM, THE STATE'S ECONOMY COLLECTS MULTIPLE DOLLARS IN TAX REVENUE. AND SPEAKING OF STARVING ARTISTS, COMING UP NEXT...FOOD AND YOUR FAMILY.

PAYING FOR LOCAL FOOD:

THE USDA IS TRYING TO GET CONSUMERS TO KNOW THE LOCAL FARMERS GROWING THEIR FOOD. IN TODAY'S FOOD AND YOUR FAMILY RESEARCHERS WANT TO KNOW WHAT THAT FOOD IS WORTH. A STUDY DONE AT PENN STATE UNIVERISTY SHOW'S RESTAURANT PATRONS WERE WILLING TO PAY SLIGHTLY MORE FOR MEALS MADE WITH LOCAL FOODS.  THE EXPERIMENT WAS FAIRLY SIMPLE. A CAMPUS RESTAURANT STARTED BY CHARGING $5.50 FOR BOTH LOCAL AND NON-LOCAL MEALS.

THEY FOUND NO DIFFERENCE IN PREFERENCE. HOWEVER WHEN LOCAL FOOD WAS BUMPED UP A DOLLAR TO $6.50--A HIGHER PROPORTION OF PATRONS CHOSE THE LOCAL FOOD INSPITE OF ITS HIGHER PRICE. THAT INCREASE IN PRICES WAS LIMITED HOWEVER...JUMPING THE COST TWO BUCKS...MEANT MORE PEOPLE ATE THE NON-LOCAL FOOD.

EATING BREAKFAST:

AND IN OTHER FOOD RESEARCH NEWS...IF YOU'RE LOOKING TO HAVE A HEALTHY TEENAGE GIRL, THEN BREAKFAST MIGHT BE THE BEST STARTING POINT. THIS COMES FROM THE NATIONAL HEART, LUNG AND BLOOD INSTITUTE GROWTH AND HEALTH STUDY...WITH FUNDING FROM GENERAL MILLS. IT LOOKED AT THE DIETS OF MORE THAN 2,300 GIRLS AGES 9 TO 10 OVER A TEN YEAR PERIOD. THE FINDINGS SUGGEST BREAKFAST CEREAL EATERS TENDED TO HAVE HEALTHIER BODY WEIGHTS AND LOWER CHOLESTEROL. RESEARCHERS POINT OUT THIS COULD BE ESPECIALLY VALUABLE FOR AFRICAN AMERICAN GIRLS...RECENT FINDINGS SHOW NEARLY A QUARTER OF THEM AGES 12 TO 17 ARE OVERWEIGHT...COMPARED TO 15% OF CAUCASIONS.

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