USFR Weekly Recap - February 8-9, 2014

February 8, 2014 02:30 AM
 

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THIS WEEK ON U.S. FARM REPORT

EPISODE # 2113

FEBRUARY 8-9, 2014   

 

TYNE OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M TYNE MORGAN IN FOR JOHN PHIPPS. THE WEATHER MAY HAVE BEEN A DRAG THIS WEEK, BUT A FEW THINGS BROUGHT A SMILE TO MANY FARMERS' FACES. BETWEEN FARM BILL PROGRESS IN WASHINGTON AND A LITTLE PRICE BUMP FOR SOME COMMODITIES, A GLIMMER OF HOPE MADE THOSE DREARY DAYS SEEM A LITTLE BRIGHTER. AND WE HAVE IT ALL COVERED IN TODAY'S SHOW. LET'S JUMP INTO THE HEADLINES.

HEADLINES:

MORE THAN 500 DAYS AFTER THE 2008 FARM BILL OFFICIALLY EXPIRED, FARMERS AND RANCHERS FINALLY HAVE A NEW ONE ON THE BOOKS. THE PRESIDENT SIGNED THE 2014 FARM BILL INTO LAW ON FRIDAY ON THE CAMPUS OF MICHIGAN STATE.  THE MEASURE WILL COST 756 BILLION DOLLARS - SPREAD OVER TEN YEARS. NEARLY 80-PERCENT GOES TO GOVERNMENT FOOD PROGRAMS. THE NEW BILL TIES CONSERVATION TO THE COMMODITY TITLE. IT ALSO ELIMINATES DIRECT PAYMENTS. ONE GROUP THAT CAME OUT AGAINST THE FARM BILL WAS THE NATIONAL CATTLMEN'S BEEF ASSOCIATION. NCBA MEMBERS MET THIS WEEK IN NASHVILLE FOR THEIR ANNUAL CONVENTION. LEGISLATIVE DIRECTOR COLLIN WOODALL SAYS IT WAS A TOUGH DECISION TO BE OPPOSED TO THE BILL. BUT HE SAYS THE NEGATIVE IMPLICATIONS FROM MANDATORY COUNTRY OF ORIGINAL LABELING LAWS ARE FAR TO GREAT.  IN A PRESS CONFERENCE LATE LAST WEEK, HOUSE SPEAKER JOHN BOEHNER SAYS IT WILL BE DIFFICULT TO MOVE IMMIGRATION REFORM FORWARD THIS YEAR. HE SAYS THE PRESIDENT CAN'T BE TRUSTED TO IMPLEMENT LAWS AS WRITTEN. BOEHNER SAYS UNTIL THAT TRUST IS REBUILT, HE AND FELLOW COLLEAGES ARE WEARY OF PASSING THE MEASURE. MANY WASHINGTON INSIDERS SAID FROM THE BEGINNING IT WOULD BE HARD TO GET IMMIGRATION REFORM PASSED IN AN ELECTION YEAR. RECENT LAND SALES HAVE DROPPED OFF THE HIGHS WE SAW A YEAR AGO.  BUT LANDOWNER EDITOR MIKE WALSTEN SAYS FARMERS ARE STILL WILLING TO PAY FOR QUALITY FARMLAND.  WALSTEN SAYS IF A FARM HAS TOP-QUALITY SOILS AND THE MAJORITY IS TILLABLE, DEMAND IS STILL STRONG.

AN UPDATE TO THE SEED ESPIONAGE CASE WE'VE BEEN FOLLOWING. FEDERAL WARRANTS AND WANTED POSTERS HAVE BEEN ISSUED FOR FIVE PEOPLE WHO ALLEGEDLY STOLE INBRED SEED CORN FROM THE U-S. THESE FIVE ALLEGEDLY COLLECTED THE SEED, SOMETIMES BY DIGGING IT OUT OF THE GROUND, FOR A CHINESE-BASED SEED COMPANY. OFFICIALS BELIEVED THE INDIVIDUALS TRANSPORTED THE PATENTED SEED TO CHINA BETWEEN APRIL 2011 AND DECEMBER 2012

CROP WATCH:

IF YOU'RE TIRED OF THE SNOW, CROPWATCH THIS WEEK JUST MIGHT PUT YOU OVER THE EDGE.

ROUNDTABLE:

DUSTIN JOHNSON AND ANGIE MAGUIRE JOIN US FOR THIS WEEK'S MARKET WRAP.

JOHN’S WORLD:

TAX SEASON IS UPON US. AND WHETHER YOU LIKE THE DO IT YOURSELF METHOD, OR OPT TO HAVE A TAX ADVISOR, THAT'S UP TO YOU. JOHN PHIPPS GIVES HIS THOUGHTS ON TAXES FROM THE FARM.

2ND HALF

TYNE’S OPEN:

HELLO AND WELCOME BACK TO U-S FARM REPORT, I'M TYNE MORGAN IN FOR JOHN PHIPPS.
WHILE JOHN IS SOAKING UP THE SUN ON HIS FAMILY VACATION TO DISNEY WORLD, HERE IN SOUTH BEND, INDIANA, WE ONLY SAW 6 DAYS HIT ABOVE FREEZING SINCE THE START OF 2014. SO, EVEN IF HE IS BEING PULLED IN EVERY DIRECTION BY HIS VERY ENERGETIC GRANDKIDS, I'M ENVIOUS OF HIS WEEK FULL OF SUNSHINE. AND ALL I CAN SAY IS SPRING CAN'T GET HERE SOON ENOUGH. SO LET'S HOPE MIKE HOFFMAN'S FORECAST HAS A BETTER OUTCOME THAN IT HAS THE PAST FEW WEEKS.  FIRST, LET'S GET STARTED WITH THE HEADLINES.

HEADLINES:

DEBATE OVER POSSIBLE CHANGES TO THE CLEAN WATER ACT HEATED UP IN WASHINGTON, D.C. THIS WEEK.  A GROUP INCLUDING TEXAS FARM BUREAU PRESIDENT KENNETH DIERSCHKE TESTIFIED IN FRONT OF THE HOUSE COMMITTEE ON SCIENCE ABOUT POSSIBLE REGULATORY OVERREACH.  IN HIS COMMENTS, DIERSHKE, WHO'S ALSO A TEXAS FARMER, TOLD COMMITTEE MEMBERS REMOVING THE WORD NAVIGABLE OUT OF THE CLEAN WATER ACT COULD BE INTERRUPTED BY THE EPA TOO BROADLY. DROUGHT STRICKEN CALIFORNIA IS FINALLY GETTING SOME RELIEF, BUT NOT IN THE FORM OF RAIN. USDA ANNOUNCED 20 MILLION DOLALRS IN FEDERAL AID FOR THE STATE'S FARMERS AND RANCHERS. U-S AG SECRETARY TOM VILSACK SAYS THE MONEY WILL BE EARMARKED FOR IMPROVEMENTS IN IRRIGATION, ASSISTANCE WITH WATER FACILITIES, AMONG OTHER THINGS. LAST WEEK, STATE OFFICIALS ANNOUNCED THEY WON'T SEND WATER TO FARMERS FOR THE FIRST TIME EVER, POSSIBLY LEAVING A MILLION ACRES OF FARMGROUND FALLOW THIS YEAR. IOWA STATE HAS IDENTIFIED A NEW STRAIN OF PROCINE EPIDIMIC DIAHRRHEA VIRUS, OR P-E-D-V. IOWA STATE'S TOP VET SAYS THE STRAIN APPEARS TO BE QUITE DIFFERENT THAN THE ORIGINAL P-E-D-V STRAIN FIRST DETECTED BACK IN APRIL BUT MORE RESEARCH WILL NEED TO BE CONDUCTED TO DETERMINE IF THIS IS A NEW STRAIN OR A VARIANT FROM THE ORIGINAL VIRUS. MEANWHILE, TYSON FOODS SAYS IT EXPECTS U-S PORK SUPPLIES TO BE CUT THIS YEAR BY TWO TO FOUR PERCENT, LAREGELY DUE TO P-E-D-V.  THIS MEANS WHOLESALE PORK PRIES COULD RISE. TYSON SAYS HEAVIER HOG WEIGHTS SHOULD HELP OFFSET SOME OF THAT LOSS. WENDY'S SAYS IT'S ON TRACK TO BUY ALL ITS PORK GESTATION STALL FREE BY 2022. THE FAST FOOD CHAIN WILL NOW REQUIRE ITS PORK SUPPLIERS TO GIVE QUARTERLY UPDATES ON THE PROGRESS OF MOVING AWAY FROM SOW GESTATION STALLS.  WENDY'S FIRST MADE THE COMMITMENT TO MOVE AWAY FROM THE STALLS IN 2007, SAYING IT'S THE RIGHT THING TO DO. INDUSTRIAL HEMP COULD SEE A BOOST IN THE U-S WITH PASSAGE OF THE FARM BILL.  THE 956 PAGE MEASURE HELPS CREATE PILOT PROGRAMS IN STATES THAT HAVE ALREADY LEGAIZED INDUSTRIAL HEMP UNDER STATE LAW.  THE FEDERAL GOVERNMENT BANNED THE GROWTH OF HEMP IN ITS ANTI-DRUG EFFORTS IN 1970. IF YOU LIVE IN A RURAL COMMUNITY WITHOUT READY ACCESS TO FRESH, AFFORDABLE PRODUCE, YOU TECHNICALLY LIVE IN A FOOD DESERT. BUT THE NEW FARM BILL HOPES TO HELP ELIMINATE THOSE IN BOTH RURAL AND URBAN AREAS. THE MEASURE CREATES STARTUP GRANTS AND LOANS FOR GROCERY STORES, FARMERS MARKETS AND ANY COOPERATIVES WILLING TO OPEN IN A FOOD DESERT.

TOP PRODUCER OF THE YEAR:

EACH YEAR, OUR COLLEAGUES FROM TOP PRODUCER GO THROUGH A STRENUOUS PROCESS OF DIGGING THROUGH MULTIPLE APPLICATIONS AND PICKING THE TOP PRODUCER OF THE YEAR. THE RANGE OF WINNERS HAS BEEN WIDE IN THE PAST. AND THIS YEAR IS NO DIFFERENT. WE HEAD NOW TO GREGORY, SOUTH DAKOTA TO MEET A FARMER WHO WENT FROM HUMBLE BEGINNINGS TO TENDING SOME 30-THOUSAND ACRES MAKING HIM THE 2014 TOP PRODUCER OF THE YEAR.

NCBA:

THIS WEEK NASHVILLE TENNESSEE WAS FULL OF BOOTS AND HATS. THAT'S BECAUSE THE CATTLE INDUSTRY MET FOR THEIR ANNUAL CONVENTION. SO, FAR, 2014 HAS BEEN A GOOD YEAR FOR CATTLE PRODUCERS AS PRICES CONTINUE TO CLIMB. BUT COULD THIS CREATE CONSUMER PRICE RESITANCE, HURTING THE INDUSTRY IN THE END? EXPERTS SAY NOT IF PRODUCTION CONTINUES TO OUTPACE DEMAND.

TRACTOR TALES:

AL,WHAT'S ON TAP THIS WEEK?  WELL, TYNE, FINDING THE RIGHT TRACTOR WAS NEVER A PROBLEM FOR HAROLD MCTAGGART (MICH-TAG-ART) OF PORT HOPE, MICHIGAN. HE DIDN'T FAVOR ONE STYLE OR COLOR OVER ANOTHER. HE LIKED THEM ALL.

CHURCH SALUTE:

TODAY'S COUNTRY CHURCH SALUTE GOES TO THE GETHSEMANE LUTHERAN CHURCH IN DASSEL, MINNESOTA. CELEBRATING 140 YEARS THIS MONTH, THE CHURCH WAS STARTED BY SWEDISH PIONEERS. IN FACT, UP UNTIL 1921, ALL SUNDAY SERVIES WERE STILL IN SWEDISH. IT WAS THAT YEAR THE CHURCH DECIDED TO HAVE ONE SUNDAY MORNING SERVICE A MONTH IN ENGLISH. FROM HOLDING SERVICES IN AN ABANDONED SCHOOL HOUSE TO BARNS, THE CHURCH HAS SEEN MANY CHANGES. IT'S 827 MEMBERS STRONG TODAY OUR THANKS TO KATIE JOSEPHSON FOR SHARING THEIR STORY.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG

 

As always, we want to hear from you, send comments to mailbag@usfarmreport.com or leave us a voice mail at 800-792-4329.

 

 

 

 

 

 

 

 

 

 

 

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