Jul 24, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

USFR Weekly Recap - May 25-26, 2013

May 25, 2013

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2076

MAY 25-26, 2013   

 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. EVERY WEEK I END THE SHOW BY PROMISING TO WORK TO DO EVEN BETTER, AND WE REALLY DO STRIVE TO IMPROVE THE SHOW EACH WEEK. NEXT WEEK WILL SEE A SIGNIFICANT CHANGE AS WE ADD ANOTHER MARKET SEGMENT TO THE FIRST HALF-HOUR. AL CAN EXPLAIN HOW IT WILL WORK LATER. TO MAKE ROOM, WE'RE MOVING ALL THE WEATHER TO A NEW BIGGER SLOT IN THE SECOND HALF-HOUR. MIKE HOFFMAN WILL STILL MAKE AN APPEARANCE FOR CROP WATCH, FOR ALL OF HIS DEDICATED FANS, BUT THE FULL WEATHER SEGMENT WILL AIR LATER IN THE SHOW. YOU'D THINK THIS WOULD BE AN EASY ADJUSTMENT, BUT LIKE AS WE DO WITH ALL RUTS, SOME OF US SENIOR CITIZENS WILL FLAIL A BIT UNTIL THE CHANGE SINKS IN.

HEADLINES:

THANKS JOHN. RAIN SHOWERS AND STORMS KEPT MANY MIDWEST FARMERS OUT OF THEIR FIELDS THIS WEEK. BUT THE URGENCY OF DELAYED PLANTED SEEMS TO HAVE WANED.
THE CROP PROGRESS REPORT ISSUED THIS PAST MONDAY SHOWED INCREDIBLE GAINS IN THE NATION'S CORNBELT.
THE AG DEPARTMENT SAYS CORN PLANTING REACHED 71-PERCENT COMPLETED. THE PREVIOUS WEEK WAS JUST 28-PERCENT. THAT'S A 43-POINT JUMP IN JUST ONE WEEK. PLANTING IN THE TOP 18 CORN GROWING STATES IS NOW JUST BEHIND THE FIVE YEAR AVERAGE. ILLINOIS FARMERS HAD THE BIGGEST ONE WEEK GAIN IN THE COUNTRY. IT WENT FROM 17-PERCENT TO 74-PERCENT COMPLETED IN JUST SEVEN DAYS. PRIOR TO THIS WEEK'S SHOWERS, FARMERS IN GRUNDY COUNTY WERE ENJOYING NEAR PERFECT CONDITIONS TO GET THE CROPS PLANTED. TOP EXECUTIVES AT THE NOW-DEFUNCT "EASTERN LIVESTOCK COMPANY" WERE SENTENCED TO PRISON THIS WEEK FOR THEIR ROLES IN A SCHEME THAT COST FARMERS MILLIONS OF DOLLARS. A FEDERAL JUDGE IN LOUISVILLE, KENTUCKY SENTENCED BOTH THE FORMER OWNER AND FORMER C-O-O TO FIVE YEARS IN JAIL. THE GOVERNMENT SAYS THE TWO MEN RAN A FRAUDULENT BUSINESS THAT COST 200 CATTLE PRODUCERS MILLIONS OF DOLLARS. IN WASHINGTON, THE SENATE DEBATED THE FARM BILL THIS WEEK. MORE THAN 100 AMENDMENTS WERE FILED FOR DEBATE, INCLUDING SEVERAL THAT INCREASED AND DECREASED THE PROPOSED CUTS TO FOOD STAMPS. THE SENATE IS EXPECTED TO WRAP-UP DEBATE AFTER MEMORIAL DAY. MEANWHILE, THE IMMIGRATION REFORM MADE ITS WAY OUT OF THE SENATE JUDICIARY COMMITTEE AND EXPECTED ON THE SENATE FLOOR NEXT MONTH. THE HOUSE DRAFTED THEIR VERSION OF THE LEGISLATION, BUT REMAIN TIGHT LIPPED ON WHAT IT ENTAILS.

SOY CROP PROGRESS:

SOYBEANS SAW SOME PROGRESS THIS WEEK, BUT NOT AS STEEP OF A CLIMB AS CORN. 19-PERCENT IS NOW PLANTED. IT'S WELL BEHIND THE FIVE YEAR AVERAGE. FARMERS WERE LIKELY FOCUSED ON GETTING CORN PLANTED FIRST BEFORE SWITCHING TO BEANS.

READ MORE
Previous 1 2 3 ... Next

See Comments

RELATED TOPICS: USFR Recap

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions