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USFR Weekly Recap - May 4-5, 2013

May 4, 2013

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2073

MAY 4-5, 2013   

 

 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. THE WORST PART ABOUT PLANTING DELAYS IS HOW EVERY DAY BRINGS YOU CLOSER TO LIVING A COUNTRY MUSIC SONG. YOU KNOW THE ONE ABOUT HOW ALL THE GIRLS GET PRETTIER ABOUT CLOSING TIME. WELL, SUDDENLY ALL THE FIELDS LOOK A LITTLE READIER AS MAY SLIPS AWAY. THEN YOU WAKE UP AND FIND YOU'VE PLANTED INTO A BED OF COMPACTED CLODS OR SQUISHY MUD. IT TAKES A LOT OF FORTITUDE TO AVOID PREMATURE TILLING AND SEEDING. YOU'D THINK THE OLD HANDS WOULD BE THE ONES TO BE THE VOICES OF REASON, BUT SOME OF US HAVE EXPERIENCED A SEASON WHERE WE WAITED FOR PERFECT A LITTLE TOO LONG.  LUCKILY OUR WIVES DIDN'T.

HEADLINES:

THANK YOU, JOHN AND HELLO EVERYONE. ANOTHER WEEK IN THE RECORD BOOKS AND LITTLE PROGRESS HAS BEEN MADE IN PLANTING. THIS IS THE SLOWEST START TO CORN PLANTING IN ALMOST 30 YEARS. THE WET AND COOL START TO SPRING IS ALSO MAKING IT DIFFICULT TO KILL WINTER COVER CROPS THIS YEAR. MEANWHILE, THE WHEAT QUALITY COUNCIL CROSSED KANSAS FOR ITS ANNUAL WINTER WHEAT TOUR - AND IT WASN'T PRETTY. BEN HANDCOCK WITH THE TOUR TOLD US THE TOUR ESTIMATE CAME IN AT 41.1 BUSHELS PER ACRE. HE SAYS SEVERAL FIELDS IN THE WESTERN HALF OF THE STATE SHOWED YIELDS IN THE SINGLE DIGITS AND TEENS. HE ESTIMATES HARVEST WILL BE THREE WEEKS LATER THAN AVERAGE, WHICH MEANS SIX WEEKS LATER THAN LAST YEAR'S EARLY HARVEST. SPRING WHEAT PLANTING IS LAGGING THIS YEAR.  USDA SAYS 12% IS COMPLETED. THAT'S 25% BEHIND AVERAGE. LAST YEAR, 70% OF THE SPRING WHEAT HAD BEEN PLANTED AT THIS TIME. PROFARMER EDITOR CHIP FLORY SAYS AS MORE DELAYS OCCUR, WHEAT PRODUCERS HAVE A TOUGH DECISION TO MAKE. ARCHER DANIELS MIDLAND COMPANY ANNOUNCED THIS WEEK IT PLANS TO ACQUIRE GRAINCORP. A-D-M PLANS ON MAKING A MORE THAN 3 BILLION DOLLAR CASH OFFER TO PURCHASE THE AUSTRALLIAN BASED COMPANY. ADM CURRENTLY OWNS NEARLY 20% OF GRAINCORP'S SHARES.

CROP WATCH:

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