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AgDay Daily Recap -November 18, 2013

November 18, 2013
 
 

TODAY ON AGDAY

NOVEMBER 18, 2013

 

RFS LEVELS:

GOOD MORNING I'M CLINTON GRIFFITHS. AFTER WEEKS OF RUMORS AND SPECULATION, THE EVIRONMENTAL PROTECTION AGENCY ROLLED OUT ITS PLANS FOR RENEWABLE FUELS IN 2014.

ETHANOL REAX:

A PUBLIC COMMENT PERIOD WILL NOW BEGIN, ALLOWING INTERESTED PARTIES - SUCH AS ETHANOL AND OIL INDUSTRIES - TO RESPOND THE LEVELS. PRO-ETHANOL GROUPS ARE NOT PLEASED WITH THE PROPOSED RULE FROM EPA. BUT THE LIVESTOCK SECTOR THINKS IT'S A MOVE IN THE RIGHT DIRECTION. DURING A FARM BROADCASTER CONVENTION LAST WEEK IN KANSAS CITY, WE HEARD FROM NUMEROUS GROUPS WHO ARE KEEPING A CLOSE EYE ON DEVELOPMENTS.

LAND VALUES:

FALLING CROP PRICES HAVE TEMPERED THE OUTLOOK OF FARMLAND VALUES IN THE NEAR FUTURE. SEVERAL OF THE FEDERAL RESERVE BANK DISTRICTS RELEASED THEIR QUARTERLY RECAPS ON FRIDAY. THOSE OUTLOOKS ARE BASED ON SURVEYS WITH RURAL BANKERS.

CROP WATCH:

MANY FARMERS ARE JUST HAPPY TO PUT THE LAST TWO YEARS BEHIND THEM.
BUT FOR SOME FOLKS THE WEATHER WORRIES CONTINUE.
MIKE HOFFMAN HAS DETAILS IN THIS MORNING'S CROP WATCH. HEY THERE MIKE. GOOD MORNING.

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