TODAY ON AGDAY
NOVEMBER 16, 2012
Good morning I’m Clinton Griffiths. The 2012 drought is having an impact on credit conditions, but it's apparently not impacting the demand for good farmland. Breaking it down by states, Iowa had the highest year-over- year increase in the Chicago fed district. And Nebraska was the highest in the Kansas City district.
A House panel says former MF Global CEO Jon Corzine shoulders most of the blame in the collapse of the brokerage firm.
In other Washington news, USDA AG Secretary Tom Vilsack is urging Congress to get to work on a new Farm Bill. He told Reuters Wednesday the USDA will do everything it can to implement the new Farm Bill in time for the 2013 harvest next fall. In the House of Representatives, Ohio republican Jim Jordan says he's planning to seek a vote to separate the food stamp portion from the rest of the Farm Bill.
Cotton pickers will soon be parked in Texas. And the crop quality is mixed. Mike Hoffman has details from the lone-star state.
In Dairy Today, it's a tale of two stories for dairy producers across the country. And it all depends on whether producers are forced to buy feed.