AgDay Daily Recap -January 17, 2014

January 17, 2014 01:57 AM
 

TODAY ON AGDAY

JANUARY 17, 2014

 

DROUGHT MONITOR:

ON THURSDAY, THE AG DEPARTMENT DESIGNATED PORTIONS OF 11 WESTERN AND CENTRAL STATES AS PRIMARY NATURAL DISASTER AREAS BECAUSE OF DROUGHT. THE LIST INCLUDES COUNTIES IN COLORADO, NEW MEXICO, NEVADA, KANSAS, TEXAS, UTAH, ARKANSAS, HAWAII, IDAHO, OKLAHOMA AND CALIFORNIA. AS USUAL, THE DESIGNATION MEANS ELIGIBLE PRODUCERS CAN QUALITY FOR LOW INTEREST EMERGENCY LOANS. THE DESIGNATION IS ANNOUNCED JUST AS THE LATEST DROUGHT MONITOR REPORT IS ISSUED. EVEN THOUGH THERE'S BEEN A COUPLE OF MAJOR SNOW-STORMS IN THE NATION'S MID-SECTION IN THE PAST MONTH, THE MOISTURE DID LITTLE TO REDUCE LONGER-TERM DEFICITS. THE DROUGHT MONITOR SHOWS PRECIPITATION OVER THE PAST 180 DAYS HAS TOTALED LOCALLY LESS THAN 50 PERCENT OF NORMAL FROM EAST-CENTRAL MISSOURI INTO CENTRAL ILLINOIS,  SIMILAR PRECIPITATION DEFICIENCIES ARE ALSO NOTED ACROSS IOWA AND ALONG THE MINNESOTA-WISCONSIN BORDER. CALIFORNIA IS GROUND ZERO FOR DROUGHT RIGHT NOW. MORE THAN 60 PERCENT OF THE STATE IS IN THE D-THREE CATEGORY - EXTREME DROUGHT. ON THE SCALE --THAT'S THE SECOND WORST CATEGORY. THAT'S A 35-POINT DECLINE FROM THE PREVIOUS WEEK. JUST ABOUT ONE PERCENT OF THE STATE IS FREE OF DROUGHT.

TEXAS:

WHILE THE DROUGHT IS IMPROVING IN TEXAS, THE DRY CONDITIONS STILL LINGER AND THAT MEANS THE MOISTURE SITUATION IS FAR FROM IDEAL.  THAT'S ACCORDING TO A TEXAS FARMER AND RANCHER WE VISITED THIS WEEK JUST SOUTH OF SAN ANTONIO.

PREVENT PLANT:

MEANWHILE, THE FARM SERVICE AGENCY RELEASED ITS FINALY TALLY OF PREVENT PLANT ACRES IN THE COUNTRY FROM 2013. THE NUMBERS SEEMED TO CHANGE LITTLE FROM EARLIER ESTIMATES. THE YEAR-END ACREAGE LOSSES ARE EIGHT-POINT-THREE MILLION ACRES. MUCH OF THAT WAS DUE TO THE SOGGY SPRING WHICH PREVENTED FARMERS IN THE WESTERN CORNBELT FROM PLANTING. BREAKING IT DOWN FOR YOU - PREVENT PLANT ACRES IN CORN TOTALLED THREE-POINT-SIX MILLION ACRES. SOYBEAN LOSSES TOTALLED ONE-POINT-SEVEN MILLION AND WHEAT WAS TWO MILLION. STATE BY STATE, NORTH DAKOTA HAD THE BIGGEST OVERALL LOSSES AT TWO-POINT-EIGHT MILLION ACRES.

CROP WATCH:

IT MAY BE THE DEAD OF WINTER BUT THERE'S STILL PLENTY OF FUEL FOR FIRES.
A BLAZE IN CALIFORNIA IS THREATENING HOMES. AGDAY METEOROLOGIST MIKE HOFFMAN HAS DETAILS IN THIS MORNING'S CROP WATCH.

RURAL MAINSTREET ECONOMY:

RURAL BANKERS SAY THE EXPECTED CUT TO THE RENEWABLE FUELS STANDARD IS HAVING A NEGATIVE IMPACT ON THE RURAL MAINSTREET ECONOMY. DOCTOR ERNIE GOSS FROM CREIGHTON UNIVERSITY IN OMAHA GENERATES A MONTHLY REPORT ON THE HEALTH OF THE FARM ECONOMY.

ANALYSIS:

CORN PRICES CONTINUE TO HOLD IN THE MID-TO LOW FOUR DOLLAR RANGE..AND LAST WEEK'S USDA REPORT DIDN'T SEEM TO HELP MUCH. BUT CAN CORN RALLY EVEN IF A LOW IS IN PLACE??

PROFIT BRIEFING:

EDITOR CHIP FLORY AND SENIOR MARKET ANALYST BRIAN GRETE JOINS US FROM THE PROFARMER STUDIOS IN CEDAR FALLS IOWA TO HELP ANSWER THAT QUESTION, IN THIS WEEK'S PROFIT BRIEFING.

TEXAS FARMER SHARES:

ONE OF THE BIG DISCUSSIONS RIGHT NOW IN THE FOOD INDUSTRY IS THE SOURCE OF THE PRODUCTS WE EAT.  FOOD BLOGGERS SAY THAT CONSUMERS REALLY WANT TO KNOW HOW AND WHERE THEIR FOOD AND FIBER COME FROM. ONE FARMER IN SOUTH TEXAS OPENED-UP HIS FARM TO A GROUP OF DIETITIANS TO HELP THEM GAIN MORE KNOWLEDGE ON HOW CROPS ARE GROWN.  IN THIS REPORT PROVIDED BY THE TEXAS FARM BUREAU, GENE HALL TRAVELED TO BRAZORIA COUNTY WHERE HE CAUGHT UP WITH THE TOUR.

EATING BETTER:

WE TALK A LOT ABOUT HEALTHY EATING--WELL IT LOOKS LIKE AMERICANS ARE MAKING SMARTER CHOICES. THIS COMES FROM NEW NUMBERS RELEASED BY USDA RESEARCHERS.

BIRD FORMATIONS:

THE NEXT TIME YOU SEE BIRDS FLYING IN A 'V' FORMATION, IT'S NOT JUST DUMB LUCK THAT THE BIRDS FLAP LIKE THAT. ACTUALLY IT'S THEIR ATTEMPT TO SAVE ENERGY.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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