USFR Weekly Recap - March 29-30, 2014

March 29, 2014 03:30 AM
 

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THIS WEEK ON U.S. FARM REPORT

EPISODE # 2120

MARCH 29-30, 2014   

 

 

  

As always, we want to hear from you, send comments to mailbag@usfarmreport.com. 

 

 

 

 

 

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TYNE OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M TYNE MORGAN...JOHN PHIPPS WILL JOIN US FROM HIS FARM IN JUST A BIT. I HAD THE PLEASURE OF TRAVELING TO WASHINGTON DC THIS WEEK FOR THE NATIONAL AG DAY CELEBRATION. WHILE THERE I ALSO WENT TO USDA TO VISIT WITH AG SECRETARY TOM VILSACK, THEIR CHIEF ECONOMIST JOE GLAUBER, AMONG MANY OTHERS. YOU CAN TELL THE MAJORITY OF THEIR FOCUS IN ON THE FARM BILL, AS NOW THE PRESSURE IS ON TO GET THOSE PROGRAMS ROLLED OUT EFFICIENTLY AND MOST IMPORTANTLY, DOING SO QUICKLY. AFTERALL, WITH NEARLY 1,000 PAGES IN THAT ONE SINGLE BILL, IT'S NO EASY FEAT. ANOTHER DIFFICULT TASK AT USDA-- FINDING YOUR AWAY AROUND THAT MASSIVE BUILDING. NONETHELESS, WE MADE IT BACK WITH A LOT OF NEWS TO COVER IN THE SHOW.

HEADLINES:

FARMERS AND GRAIN TRADERS ARE GETTING READY FOR A COUPLE OF KEY GOVERNMENT REPORTS THAT CAN BE MARKET MOVERS. ON MONDAY, THE AG DEPARTMENT WILL RELEASE ITS PROSPECTIVE PLANTING REPORT. IN ADVANCE OF THE GOVERNMENT GUESS, PRIVATE FIRMS SEE A BIG JUMP IN SOYBEAN ACRES THIS YEAR. IN SOME CASES, ESTIMATES ARE AS HIGH AS FIVE-TO-SIX-MILLION ADDITIONAL ACRES FROM LAST YEAR. THE GRAIN STOCKS REPORT WILL ALSO BE RELEASED WHICH COULD SEE A CHANGE IN DEMAND DUE TO A SMALLER HOG HERD. ON FRIDAY USDA RELEASED ITS QUARTERLY HOGS AND PIGS REPORT AND IT REFLECTS THE IMPACT A DEVASTATING VIRUS IS HAVING ON THAT INDUSTRY. TOTAL INVENTORY CAME IN AT JUST UNDER 70 MILLION HEAD. THAT'S DOWN 3 PERCENT FROM LAST YEAR AND A 5 PERCENT DROP FROM THE BEGINNING OF DECEMBER,. MARKET HOGS ALSO POSTED DECLINES. THE TOTAL INVENTORY IS 57 MILLION HEAD, DOWN PERCENT FROM A YEAR AGO AND A 5 PERCENT DROP FROM LAST QUARTER. BREEDING INVENTORY AS OF MARKET FIRST IS 5 POINT 85 MILLION HEAD. THAT'S SLIGHTLY HIGHER THAN LAST YEAR AND 2 PERCENT ABOVE LAST QUARTER. MEANWHILE, NOTED AG LENDER, RABOBANK, JUST ISSUED A REPORT SAYING PEDV THUS FAR HAS IMPACTED 60 PERCENT OF THE NATIONS BREEDING HERD. IT EXPECTS U-S PRODUCTION WILL BE DOWN SIX TO 7 PERCENT THIS YEAR. THAT MEANS SLAUGHTER THIS FALL COULD BE DOWN AS MUCH AS 25%. ALSO DURING MY D.C. VISIT THIS WEEK I SPOKE TO USDA DEPUTY DIRECTOR KRYSTA HARDEN ABOUT FARM BILL IMPLEMENTATION. SHE TOLD ME SO FAR, IT'S GOING WELL, AS THE AGENCY HAD PLENTY OF TIME TO PREPARE. BUT THE TOP PRIORITY RIGHT NOW IS GETTING LIVESTOCK DISASTER AID TO THE PRODUCERS WHO NEED IT. THE SIGN-UP DEADLINE FOR 2011, 2012 AND 2013 RELIEF IS COMING UP ON APRIL 15TH. HARDEN SAYS RANCHERS NEED TO BE PROACTIVE.

CROP WATCH:

WELL, TYNE, A LITTLE FIELD WORK TO SHOW, BUT STILL NOT A LOT OF PLANTING TO REPORT.

ROUNDTABLE:

ANDY SHISSLER AND BRYAN DOHERTY STEP IN FOR THIS WEEK'S MARKET WRAP.

JOHN’S WORLD:

OUR FINAL WORD THIS HALF HOUR COMES COURTESY OF JOHN PHIPPS. LIKE MANY OF US, HE'S ANXIOUS FOR PLANTING SEASON TO GET GOING...BUT HE'S ALSO KEEPING A VERY CLOSE EYE ON INPUT PRICES. HE JOINS US NOW FROM HIS FARM IN EAST-CENTRAL ILLINOIS.

2ND HALF

TYNE’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M TYNE MORGAN...JOHN PHIPPS WILL CHECK IN FROM HIS FARM LATER IN THE PROGRAM. THE HIGHLIGHT OF MY WEEK WAS ATTENDING A TRIBUTE TO THE FATHER OF THE GREEN REVOLUTION, DR NORMAN BORLAUG, DURING NATIONAL AG DAY THIS WEEK. FINALLY, A MAN UNDERVALUED BY MANY TOOK CENTER STAGE ON THE GROUND OUR NATION'S LEADERS HAVE WALKED FOR DECADES.  IT WAS HUMBLING TO SEE BOTH SIDES OF THE AISLE SET ASIDE THEIR DIFFERENCES TO REVIST HIS AMAZING LIFE STORY. WE'LL HAVE MORE ON HIS LEGACY LATER IN THE SHOW.

HEADLINES:

THE E-P-A SAYS IT'S CLARIFYING AND TARGETING THE CLEAN WATER ACT TO THE BENEFIT OF AGRICULTURE. BUT AFTER THIS WEEK, AG GROUPS REMAIN SKEPTICAL. ON TUESDAY, THE EPA AND THE ARMY CORPS OF ENGINEERS ROLLED OUT A NEW PROPOSED RULE FOR THE CLEAN WATER ACT. THE UPDATE WOULD GIVE THE FEDERAL GOVERNMENT REGULATORY AUTHORITY OVER TENS OF MILLIONS OF ACRES OF WETLANDS AND THOUSANDS OF MILES OF STREAMS. ONE LAWYER WE SPOKE TO IN WASHINGTON D.C. THIS WEEK TOLD US TWO WORDS IN THIS ANNOUNCEMENT MAKE THE ACT WORSE FOR AGRICULTURE-- THAT'S "SIGNIFICANT NEXUS."  BUT SOME AG LEADERS DISAGREE. MEANWHILE IN THE SOUTH, UN-COOPERATIVE WEATHER IS CAUSING A DELAY IN CORN PLANTING. IN LOUISIANA, IT'S ABOUT 20-PERCENT COMPLETED WHEN IT'S USUALLY BETTER THAN 60-PERCENT. TEXAS CORN IS 20-PERCENT PLANTED. HALF OF THE FIVE YEAR AVERAGE IN THE LONE-STAR STATE. MISSISSIPPI IS STILL IN SINGLE DIGITS. IT'S USUALLY ABOUT A QUARTER PLANTED. AND GEORGIA IS IN THE TEENS, ALSO BEHIND IT'S FIVE YEAR AVERAGE. WHILE MUCH OF the MIDWEST HASN'T STARTED PLANTING YET, IT LOOKS LIKE THOSE FIGURES WILL QUICKLY FALL BEHIND, AS WELL. I SPOKE TO USDA METEOROLGIST BRAD RIPPEY THIS WEEK. HE SAYS THIS STUBBORN COLD WEATHER PATTERN WE'VE BEEN IN WON'T CHANGE ANYTIME SOON. IN AGRIBUSINESS TODAY - COLLEGE-FOUND STUDENTS - STILL UNSURE ABOUT A CAREER - SHOULD CONSIDER JUST ABOUT ANY SCIENCE ASSOCIATED WITH AGRICULTURE. A STUDY RELEASED BY THE COALITION FOR A SUSTAINABLE AGRICULTURE WORKFORCE SHOWS THAT TOO FEW SCIENTISTS ARE BEING TRAINED IN THOSE FIELDS. THE STUDY SHOWS THAT LIFE SCIENCES AND AG INDUSTRY COMPANIES ANTICIPATE HIRING MORE TRAINED SCIENTISTS OVER THE NEXT SEVERAL YEARS. BUT THERE'S A SHORTAGE OF SUITABLE CANDIDATES. THE COALITION REPRESENTS THE "WHO'S-WHO" OF AG AND FOOD COMPANIES. THEY PLAN TO HIRE MORE THAN A THOUSAND SCIENTIST-LEVEL EMPLOYEES OVER THE NEXT 18 MONTHS.

SPIRIT OF THE HEARTLAND:

HE GREW-UP IN A SMALL IOWA FARM HOUSE. BUT TODAY THE LIKENESS OF NORMAN BORLAUG NOW RESIDES AT THE U-S CAPITOL. DURING THE NATIONAL AG DAY CELEBRATION, A STATUE HONORING THE FAMED - BUT HUMBLE - RESEARCHER WAS UNVEILED. BORLAUG - WHO DIED IN 2009 - WAS A PIONEER WHOSE WORK ON WHEAT IS CREDITED WITH SAVING A BILLION LIVES.

BAXTER BLACK:

WELCOME BACK...THE LIFE OF A RANCH HAND IS NEVER EASY - BUT SOME MAKE IT HARDER ON THEMSELVES THAN NECESSARY. BAXTER BLACK JOINS US NOW WITH ONE SUCH EXAMPLE.

TRACTOR TALES:

AL, I UNDERSTAND WE HAVE A TRACTOR FOR THE LADIES THIS WEEK? THAT'S RIGHT TYNE...WE'VE GOT A CLASSIC FARM-ALL WITH A TWIST. THIS 1951 SUPER "C" GOT A FRESH COAT OF PAINT WHEN HAROLD'S WIFE PASSED AWAY FROM BREAST CANCER. DETERMINED TO PROMOTE EARLY DETECTION, HE SET OUT TO SHOW OFF HIS PINK FARM-ALL EVERYWHERE HE WENT.

CHURCH SALUTE:

TODAY'S COUNTRY CHURCH SALUTE GOES TO THE OLD SILVER CREEK BAPTIST CHURCH IN LAWRENCE COUNTY, MISSISSIPPI. CHURCH MEMBERS WILL BE CELEBRATING ITS BICENTENNIAL IN APRIL. PIONEERS FIRST GATHERED FOR WORSHIP IN 1814. A FEW YEARS LATER A BAPTIST CHURCH WAS FORMALLY ORGANIZED. IT WAS ORIGINALLY NAMED SILVER CREEK BAPTIST CHURCH 'EAST' OF PEARL RIVER - WITH EMPHASIS ON EAST. THAT'S BECAUSE THERE WAS ANOTHER SILVER CREEK BAPTIST, BUT IT WAS WEST OF THE RIVER.
THE CURRENT CHUCH BUILDING WAS CONSTRUCTED IN 1988 AND REMAINS IN USE TODAY.
OUR THANKS TO CELESTE WARD FOR SHARING THE NEWS OF OLD SILVER CREEK BAPTIST CHURCH.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG...FOR THAT, WE HEAD BACK TO THE FARM AND JOHN PHIPPS.

 

 

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