AgDay Daily Recap -May 8, 2014

May 8, 2014 02:57 AM
 

TODAY ON AGDAY

MAY 8, 2014

 

DAIRY EXPORTS:

GOOD MORNING I'M CLINTON GRIFFITHS. AFTER SOME TOUGH YEARS, THE DAIRY COMPLEX IS JUST ON FIRE TO START 2014. NEW EXPORTS NUMBERS PUT TRADE IN RECORD TERRITORY.

PEDV EUROPE:

WHILE STOPPING SHORT OF AN ALL-OUT BAN ON THE IMPORT OF LIVE PIGS, THE EUROPEAN UNION TOOK STEPS TUESDAY TO PREVENT THE SPREAD OF PED-V IN EUROPE.

ZOMBEES:

HONEY BEES HAVE BEEN UNDER PRESSURE THE PAST FEW YEARS DUE TO A WHOLE HOST OF ISSUES. COLONY COLLAPSE DISORDER GETS THE MOST ATTENTION. BUT THERE'S ANOTHER KILLER ON THE LOOSE. METEOROLOGIST MIKE HOFFMAN JOINS US FROM THE AGDAY WEATHER-CENTER WITH DETAILS, MIKE.

CROP WATCH:

AS FAR AS CROPWATCH WE APPRECIATE THOSE OF YOU WHO ARE SHARING YOUR CROP COMMENTS. WE KNOW YOU'RE VERY BUSY PLANTING. IN STEARNS COUNTY, MINNESOTA, A PRODUCER SAYS FIELD TILE IS DEFINITELY PAYING OFF THIS YEAR. HE'S NEARLY DONE PLANTING CORN AND HOPES TO START SOYBEANS NEXT WEEK.

FEEDER PRICES:

EARLIER THIS WEEK, FEEDER CATTLE FUTURES HIT AN ALL TIME HIGH..SUPPORTED BY CALF AND FEEDLOT PRICES. MAY CONTRACTS SET A RECORD TRADING AT 184-75 PER HUNDRED...PRICES WERE DOWN A TOUCH WEDNESDAY. THE STERLING BEEF PROFIT TRACKER SAYS THAT'S NOT KEEPING FEEDLOTS FROM MAKING MONEY. PER HEAD MARGINS CAME IN AT 196-50...UP FROM LAST WEEK DUE TO STRONG CASH CATTLE PRICES AND DROP IN FEED COSTS. CASH PRICES FOR FED CATTLE ARE MORE THAN $20 PER HUNDRED HIGHER THAN LAST YEAR,

GRAZING CONDITIONS:

GRAZING CONDITIONS FROM USDA REVEAL A SIMPLE DIVIDE OF 'HAVES' VERSUS HAVE NOTS.
THE FIRST NATIONWIDE GRAZING AND PASTURE CONDITION REPORT OF THE YEAR SHOWS 39-PERCENT OF THE NATION'S GRAZING LAND IS GOOD TO EXCELLENT.  AN EQUAL AMOUNT IS FAIR. STATE BY STATE WE SEE 60-PERCENT OF CALIFORNIA GRAZING IS POOR TO VERY POOR. 30-PERCENT IS FAIR. IN TEXAS, 58-PERCENT IS FAIR TO GOOD. 39-PERCENT IS POOR TO VERY POOR. OKLAHOMA 60% FAIR TO GOOD. IN NEBRASKA 71% FAIR TO GOOD

WHOLE FOODS STOCK:

A ROUGH DAY ON THE MARKETS FOR NATURAL AND ORGANIC GROCER WHOLE FOODS.THE COMPANY'S STOCK FELL 20 PERCENT FOLLOWING NEW FORECASTS PREDICTING LOWER SAME STORE SALES AND EARNINGS. WHOLE FOODS SAYS THE MARKET IS FACING STIFF COMPETITION FROM MEGA CHAINS LIKE WALMART AND TRADER JOES.

TRADING:

MICHIGAN SENATOR DEBBIE STABENOW, CHAIRWOMAN OF THE U.S. SENATE AG COMMITTEE SAYS SHE'LL CONVENE A COMMITTEE HEARING NEXT WEEK ON HIGH FREQUENCY AND AUTOMATED TRADING IN FUTURES MARKETS,  THIS COMES IN THE WAKE OF A RECENT BOOK QUESTIONING THE FAIRNESS OF COMPUTER AIDED TRADING. THE NATION'S EXCHANGES CALL THE ALLEGATIONS MISLEADING AND FALSE. THAT HEARING IS SET FOR NEXT TUESDAY.

ANALYSIS:

AS PLANTING WINDOWS OPEN ACROSS THE MIDWEST, AND THE POSSIBILITY OF EASING TENSIONS IN UKRAINE AND CORN PRICES ARE FEELING THE PRESSURE. SO WHAT TO DO WITH THOSE NEW CROP MARKETING DECISIONS? FARM DIRECTOR AL PELL ASKS THE QUESTION TODAY IN ANALYSIS.

$100 IDEA:

SADDLE TANKS ARE AN IMPORTANT TOOL ON THE FARM. BUT THEY'RE NOT THE EASIEST THINK TO MOVE AROUND, OF COURSE. THE WINNER OF FARM JOURNAL'S 100 DOLLAR IDEA CAME-UP WITH A VERY CLEVER SOLUTION. WISCONSIN FARMER ROGER MEYERS DEVISED A SADDLE-TANK MAKEOVER. ROGER DISCUSSED HIS IDEA WITH FARM JOURNAL'S PAM FRETWELL.

GREEN FARMER:

TRADITIONALLY, FARMERS DON'T LIKE TO THROW ANYTHING AWAY BECAUSE THEY NEVER KNOW WHEN A WORN OUT OR BROKEN PIECE OF EQUIPMENT COULD BE RE-PURPOSED FOR SOMETHING ELSE. ONE RANCHER IN NORTH DAKOTA HAS TAKEN THAT PHILOSOPHY TO EXTREMES. CLIFF NAYLOR TELLS US HOW HE'S "CHALKED ONE UP" FOR THE GREEN MOVEMENT.

FOOD LABELING:

THE GOVERNOR OF VERMONT SAYS HE'LL SIGN A GMO LABELING BILL LATER TODAY. SAYING ON TWITTER THAT RESIDENTS DESERVE TO KNOW WHAT'S IN THEIR FOOD.

POTATO POTASSIUM:

AN ORGANIZATION THAT PROMOTES THE NUTRITIONAL VALUE OF POTATOES SAYS SOME OF THE VERY YOUNGEST AMERICANS DON'T GET ENOUGH POTASSIUM IN THEIR DIETS.

 

 
 
 
 
 
 
 
 
  
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
&nbs​p;
 
 
 
 
<​/span>
<​/span>

CONTACT:
We'd love to hear from you! Send us an email to inbox@agday.com. You can also check us out on Facebook.
 

Back to news

Comments

 

Rate this News Article:

Spell Check

No comments have been posted to this News Article

Close