AgDay Daily Recap -February 14, 2014

February 14, 2014 01:57 AM
 

TODAY ON AGDAY

FEBRUARY 14, 2014

 

NFMS EQUIPMENT SALES:

GOOD MORNING I'M CLINTON GRIFFITHS. WILL FARMERS BE BUYING NEW EQUIPMENT IN 2014 OR WILL THEY PLAY IT SAFE?

ST. LOUIS SURVEY:

ACCORDING TO THE LATEST SURVEY BY FEDERAL RESERVE IN ST. LOUIS, LAND PRICES CLOSED THE YEAR STRONG.

OSHA:

THE DEPARTMENT OF LABOR HAS RESPONDED TO NEBRASKA SENATOR MIKE JOHANNS' CONCERNS REGARDING OSHA AND ON FARM GRAIN STORAGE.

CROP WATCH:

WE KNOW IT'S BEEN A COLD WINTER FOR MANY FOLKS. AND THE PROOF IS ON THE GREAT LAKES. ITS ICE COVER IS APPROACHING A RECORD. MIKE HOFFMAN HAS DETAILS IN CROP - OR ICE - WATCH.

FEEDER PRICES:

CATTLE PRICES RALLIED HARD ON THURSDAY. FEEDER CONTRACTS AT THE CHICAGO BOARD TRADED AT NEW HIGHS--UP TO 173 PER HUNDRED--FOR AUGUST FEEDERS. PRICES ARE ONCE AGAIN CLIMBING AFTER HAVING FALLEN BACK AT THE END OF JANUARY.

AUSSIE CATTLE:

AUSTRALIAN FARMERS ARE BAFFLED BY A MYSTERIOUS ILLNESS THAT'S KILLING THEIR CATTLE. FIRST DETECTED THREE MONTHS AGO, THE ILLNESS CAUSES SUDDEN DEATH AND MOSTLY AFFECTS CALVES.

CALF CHECKOFF:
CATTLEMENS GROUP R-CALF USA SAYS IT'S ASKING USDA SECRETARY TOM VILSACK TO INVESTIGATE HOW CHECKOFF DOLLARS ARE BEING SPENT. THE ORGANIZATION SENT A LETTER TO THE DEPARTMENT EARLIER THIS WEEK. IT SAYS PRODUCER CONTRIBUTIONS ARE BEING USED TO HELP FAST FOOD COMPANY WENDY'S PROMOTE AND ADVERTISE NORTH AMERICAN BEEF. R-CALF SAYS ITS THEIR UNDERSTANDING U.S. CATTLE PRODUCERS ARE NOT ALLOWED TO USE BEEF CHECKOFF PROGRAM FUNDS TO PROMOTE OR ADVERTISE BEEF BASED ON WHERE IT ORIGINATED.

AG EXPORTS:

USDA'S ECONOMIC RESEARCH SERVICE SAYS AG EXPORT HAVE NEARLY TRIPPLED IN THE LAST 13 YEARS. 2013 SET A RECORD WITH NEARLY 141 BILLION DOLLARS IN SALES. SHIPMENTS TO DEVELOPING COUNTRIES ARE UP 250 PERCENT AND NOW ACCOUNT FOR TWO THIRDS OF ALL US AG EXPORTS.

PROFIT BRIEFING:

THE U.S. HAS BEEN ON HOT STREAK IN TERMS OF BOOKING GRAIN SHIPMENTS TO CHINA. HOWEVER, THAT RUN MAY START TO SEE EROSION AS HARVEST GEARS UP IN SOUTH AMERICA.

SUPERIOR ICE:

AS WE MENTIONED EARLIER IN THE SHOW, ICE HAS NEARLY COVERED ALL OF THE GREAT LAKES THIS WINTER. AND WHILE ITS PUT A DAMPER ON SHIPPING, THE FROSTY WEATHER HAS GIVEN ACCESS TO A NATURAL WONDER ON LAKE SUPERIOR. AND THOUSANDS OF PEOPLE ARE FLOCKING TO SEE ITS GRANDURE.

GREAT AMERICAN BARNS:

HERE'S AN OBVIOUS STATEMENT. BARNS ARE ESSENTIAL TO AGRICULTURE. BUT BEYOND THE NECESSITY FOR STORAGE. THEY'RE ALSO A LINK TO OUR PAST. AL PELL TAKES US TO NORTHERN MICHIGAN FOR THIS MORNING'S GREAT AMERICAN BARN.

SOCHI SNOWBOARDER:

AND WE WANT TO CLOSE TODAY BY SAYING CONGRATULATIONS TO THE NEW WOMENS SNOWBOARDING HALF PIPE GOLD MEDALIST.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
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