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AgDay Daily Recap -October 29, 2012

October 29, 2012
 
 

TODAY ON AGDAY
OCTOBER 29, 2012

STORM PREP:

Good morning I’m Clinton Griffiths.
As Hurricane Sandy moves along the coast farmers in the Northeast spent the last few days preparing.

UKRAINE WHEAT BAN:

As we first mentioned a couple of weeks ago, Ukrainian wheat growers were hit hard by drought. Now the country is confirming it plans to stop exports of the grain.

WINTER WHEAT:

Back in the U.S., global concerns are encouraging farmers to get wheat crops established. But this fall has been a struggle. Dry weather has made it possible for plenty of field work but emergence has struggled. As of last week, USDA said 80% of the winter wheat crop had been planted, but less than 50% of it had emerged.  Usually about 60% of the crop is up. Despite these challenges and last week's wheat rally to near $8.60, experts say the odds aren't in favor of record prices.

SUGARBEET HARVEST:

NASS says 73% of the crop is harvested that's about 5 points ahead of the five year average. Michigan has the most left in the field. 27% of the crop has been harvested usually its 29% complete.

CROP WATCH:

As I mentioned sugar beet harvest is slightly behind the five year average in Michigan. But that's not the only harvest underway...and slightly behind in that state. Mike Hoffman has details in this morning's cropwatch.

POULTRY:

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