AgDay Daily Recap -February 24, 2014

February 24, 2014 01:57 AM
 

TODAY ON AGDAY

FEBRUARY 24, 2014

 

FEDERAL WATER:

GOOD MORNING I'M CLINTON GRIFFITHS. DROUGHT STRICKEN FARMERS IN CALIFORNIA WILL GET NO HELP FROM THE FEDERAL GOVERNMENT WHEN IT COMES TO WATER SUPPLIES.

THE CENTRAL VALLEY PROJECT WAS CREATED DURING THE GREAT DEPRESSION OF THE 1930'S. IT'S INTENDED TO PROVIDE IRRIGATION AND MUNICIPAL WATER TO MUCH OF CALIFORNIA'S CENTRAL VALLEY. THE CENTRAL VALLEY IS A MAJOR SUPPLIER OF FRESH FOODS FOR THE COUNTRY. MORE THAN 200 FRUITS AND VEGETABLES ARE GROWN IN THE STATE, IT ALSO HAS AN ENORMOUS DAIRY INDUSTRY.
CALIFORNIA DROUGHT PLAN:

ON A STATE LEVEL, CALIFORNIA GOVERNOR JERRY BROWN UNVEILED A PLAN THURSDAY TO ADDRESS THE DROUGHT CRISIS IN HIS STATE. IT INCLUDES SPENDING NEARLY 700-MILLION DOLLARS TO PROVIDE IMMEDIATE HELP TO DROUGHT-STRICKEN COMMUNITIES. BUT CRITICS SAY THE PLAN DOES NOT HAVE A LONG-TERM STRATEGY TO IMPROVE CALIFORNIA'S WATER SUPPLY AND DISTRIBUTION SYSTEM.

CATTLE ON FEED REPORT:

ON FRIDAY THE USDA RELEASED ITS MONTHLY CATTLE ON FEED REPORT. PRIOR THIS RELEASE INVENTORIES DROPPED FOR 16 STRAIGHT MONTHS.

ILLINOIS TWISTER:

IT'S RARE, BUT A TORNADO ACTUALLY TOUCHED DOWN THURSDAY IN CENTRAL ILLINOIS.
JOHN WERRIES FARMS NEAR CHAPIN, ILLINOIS. HETOOK THIS VIDEO AND SHARED IT WITH AGDAY. HE SAYS THERE WAS SOME DAMAGE ON HIS FARM, BUT NO ONE WAS HURT. THE NATIONAL WEATHER SERVICE IN THAT AREA SAYS THEY'RE REVIEWING THE REPORTS. BUT THEY THINK AS MANY AS FOUR TWISTERS WERE SPOTTED AND ALL IN FOUR DISTINCT LOCATIONS. WHEN YOU LOOK AT THE CHARTS, FEBRUARY IS THE THIRD LOWEST MONTH AFTER JANUARY AND DECEMBER.

MINNESOTA BLIZZARD:

MEANWHILE SCHOOL KIDS IN SOUTHERN MINNESOTA HAD A THREE DAY WEEKEND THANKS TO A LATE-WEEK BLIZZARD. STRONG WINDS AND HEAVY SNOWFALL COMBINED FOR SOME TREACHEROUS CONDITIONS ON THURSDAY. THE NATIONAL WEATHER SERVICE SAYS SNOW WAS FALLING AT TWO INCHES AN HOUR NEAR MANKATO, MINNESOTA. THE AIRPORT IN NEIGHBORING ROCHESTER RECEIVED SEVEN INCHES OF SNOW BETWEEN TWO AND SIX THURSDAY AFTERNOON.

CROP WATCH:

DESPITE THE SNOW STILL COVERING THE UPPER MIDWEST, NATIONAL WEATHER SERVICE EXPERTS ARE OPTIMISTIC THAT SPRING FLOODING WILL BE MINIMAL IN THE NATION'S HEARTLAND. SEVERAL MIDWESTERN BRANCH OFFICES OF THE NATIONAL WEATHER SERVICE RELEASED SPRING FLOOD OUTLOOK REPORTS LATE THURSDAY. MIKE HOFFMAN HAS DETAILS FROM THE AGDAY WEATHER-CENTER, MIKE.

MACHINERY PETE:

THE USED COMBINE MARKET IS SHOWING SOME INTERESTING MOVES ALREADY IN 2014.
OUR OWN "MACHINERY PETE" JOINS US FROM HIS HOME-OFFICE TO EXPLAIN.

ANALYSIS:

DURING USDA'S AG OUTLOOK FORUM, THEIR CHIEF ECONOMIST SAYS SUB-FOUR-DOLLAR CORN IS HERE TO STAY FOR AWHILE...A LONG WHILE. IN FACT, THE AG DEPARTMENT THINK IT COULD STAY THERE FOR A DECADE. BUT IS THAT TRUE IN THE SHORT-TERM? AL PELL LOOKS FOR ANSWERS IN ANALYSIS.

DARK SIDE OF BREW:

DEPENDING ON YOUR AGE, YOU MAY BE VERY FAMILIAR WITH AN ALBUM - YA KNOW ONE OF THOSE ROUND THINGS MADE FROM VINYL WITH MUSIC ON IT - ENTITLED THE "DARK SIDE OF THE MOON". IT WAS RELEASED IN THE EARLY 1970S BY THE ENGLISH GROUP PINK FLOYD. EVEN AFTER ALL OF THOSE YEARS AND DECADES, THE GROUP STILL HAS A FOLLOWING. IN FACT A COUPLE FROM NORTH DAKOTA OPENED A COFFEE SHOP WHICH PAYS TRIBUTE TO THE GROUP. CLIFF NAYLOR FROM AFFILIATE KFYR TAKES US TO THE 'DARK SIDE OF THE BREW' TO SAMPLE ITS FARE AND MEET SOME OF PINK FLOYD'S FANS.

BEEF PRICES:

NO DOUBT BEEF PRICES ARE HIGHER THAN THEY WERE A FEW YEARS. USDA'S LATEST NUMBERS SHOW BEEF CLIMBED 5 PERCENT AT THE MEAT COUNTER IN 2013.

WHERE TO SHOP:

IF YOU LISTEN TO POPULAR CULTURE YOU MIGHT THINK MOST PEOPLE ARE NOW BUYING THEIR FOOD LOCALLY OR AT A NEARBY MARKET.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
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