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USFR Weekly Recap - November 27-28, 2010

November 29, 2010

THIS WEEK ON U.S. FARM REPORT

EPISODE #1946

NOVEMBER 27-28, 2010

JOHN’S OPEN: HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. JUST IN CASE YOU NEED A BREAK FROM TURKEY THIS WEEKEND, IT APPEARS OUR SHOW WILL BE ALL-COWS-ALL-THE TIME. THE NORMALLY PLACID WATERS OF THE BOVINE SECTOR ARE EXPERIENCING CONSIDERABLE TURBULENCE FROM WITHIN AND WITHOUT. IN FACT, ONE ISSUE, WHICH AL WILL FILL US IN ON SHORTLY HAS BECOME A SHOWCASE FOR THE DEBATE BETWEEN INDUSTRIAL AND AGRARIAN AGRICULTURE. WHILE PROPONENTS ON BOTH SIDES FEEL THERE IS MUCH AT STAKE, I AM INCREASINGLY CONFIDENT THESE PROPOSED REGULATIONS ARE NOT INSURMOUNTABLE OBSTACLES TO SURVIVAL FOR EITHER SIDE. WHAT THEY ARE IS AN EARLY INDICATOR OF POSSIBLE FUTURE FARM POLICY DIRECTION. TIME NOW FOR THE HEADLINES.....HERE'S AL PELL

GIPSA: THANK YOU JOHN. THE GIPSA COMMENT PERIOD IS NOW CLOSED, BUT DEBATE CONTINUES TO RAGE IN THE LIVESTOCK INDUSTRY OVER PROPOSED RULES THAT WOULD TIGHTEN MARKETING STANDARDS. BOTH SIDES HAVE DONE ECONOMIC ANALYSIS TO BACK UP THEIR CLAIMS ABOUT THE IMPACT THE RULE WILL HAVE ON THE INDUSTRY. OPPONENTS, INCLUDING THE NCBA, SAY THE RULES WILL TAKE AWAY MARKETING OPPORTUNITIES FOR HIGHER VALUE CATTLE. SUPPORTERS, LIKE R-CALF AND FARMERS UNION, SAYS PRODUCERS ARE LOSING MONEY IN THE CURRENT MARKET BECAUSE THEY ARE DISCRIMINATED AGAINST BY PACKERS. THE COMMENT PERIOD ENDED MONDAY. GENERALLY SPEAKING, IT TAKES ABOUT 60 DAYS TO REVIEW THE COMMENTS BEFORE A FINAL RULE IS ISSUED. BUT SINCE USDA RECEIVED MORE THAN 40,000 COMMENTS, A DECISION WILL LIKELY BE DELAYED.

EASTERN: THERE'S NEW INFORMATION THIS WEEK ABOUT ONE OF THE LARGEST CATTLE BROKERS IN COUNTRY THAT'S IN FINANCIAL STRAITS. GIPSA HAS FILED A COMPLAINT AGAINST EASTERN LIVESTOCK COMPANY, ACCUSING THE INDIANA FIRM OF FAILING TO PAY LIVESTOCK PURCHASES AND TO MAINTAIN AND ADEQUATE BOND. THE AG DEPARTMENT ESTIMATES EASTERN OWES 130 MILLION DOLLARS TO MORE THAN 700 SELLERS IN 30 STATES.

MILK PRODUCTION: MEANWHILE, AN EFFICIENT DAIRY HERD IS LEADING THE WAY TO HIGHER MILK PRODUCTION. USDA SAYS OCTOBER PRODUCTION WAS UP 3.3% AHEAD OF A YEAR AGO. WESTERN STATES SAW THE HIGHEST INCREASE IN OUTPUT. LEVELS IN THE MIDWEST WERE FLAT. USDA SAYS PER-COW PRODUCTION IS 47 POUNDS HIGHER THAN OCTOBER 2009.

UFQ: WITH HARVEST IN THE BOOKS AND WINTER SETTING IT, NOW'S THE TIME TO PLAN FOR THE NEXT GROWING SEASON. AS ALWAYS, MARKETING IS A BIG PART OF THE EQUATION. PRO FARMER EDITOR CHIP FLORY IS WORKING WITH OUR TWO ULTIMATE FARM QUEST FAMILIES THIS YEAR...SPENDING TIME WITH BOTH THE KNIRKS AND THE RUPPS. CHIP SAYS BOTH FAMILIES HAVE A PLAN IN PLACE FOR 2011.

ROUND TABLE: MIKE FLOREZ OF FLOREZ TRADING AND BRAD HARDING OF WTPB PUBLIC TELEVISION.

JOHN’S WORLD: AT MORE THAN A FEW THANKSGIVING DINNERS, FAMILY MEMBERS ARE ASKED TO MENTION THOSE THINGS THEY ARE THANKFUL FOR. THIS WAS ALWAYS A DRAG WHEN I WAS A KID AND OFTEN I FELT, DESCENDED IN TO GOOEY SENTIMENT AS AN ADULT. NONETHELESS, I'LL BET THAT ONE ITEM THAT POPPED UP OFTEN THIS YEAR WAS TO HAVE A JOB. AND EVEN MY CALLOUS HEART CAN UNDERSTAND THAT GRATITUDE. UNEMPLOYMENT IS MORE THAN A FINANCIAL CRISIS WHEN YOU LIVE IN A COUNTRY WHERE YOUR WORK IS THE SECOND THING PEOPLE ASK ABOUT YOU. PERSISTENTLY HIGH UNEMPLOYMENT HAS RADICALLY SHUFFLED OUR LIFE PRIORITIES. IN THE PROCESS, MOST OF US HAVE DEVELOPED A KEENER APPRECIATE OUR CUSTOMERS - SOMETHING WE OFTEN TAKE TOO MUCH FOR GRANTED. THIS IS CERTAINLY TRUE FOR THOSE OF US HERE AT U.S. FARM REPORT AND FARM JOURNAL MEDIA. WE ARE VERY THANKFUL TO OUR VIEWERS AND READERS, WHO MAKE THIS WHOLE EFFORT POSSIBLE. AND TO THOSE OF YOU WHO TAKE THE TIME TO SEND US SOME FEEDBACK BY E-MAIL OR PHONE OR LETTER, WE ADD EXTRA THANKS. REGARDLESS OF WHETHER YOU AGREE WITH OUR PROGRAM CONTENT OR NOT, HEARING FIRST-HAND FROM OUR CUSTOMERS IS LITERALLY PRICELESS. SO WHEN I MENTION EACH WEEK ABOUT HOW TO CONTACT US, IT IS ONE OF THE MOST IMPORTANT PARTS OF THE SHOW. MORE IMPORTANTLY, WHEN I CLOSE THE SHOW EACH WEEK BY SAYING "THANK YOU FOR WATCHING U.S. FARM REPORT", WE REALLY, REALLY MEAN IT. LET US KNOW WHAT YOU THINK.... SEND EMAILS TO INFO@USFARMREPORT.COM OR CALL AND LEAVE US A VOICE MAIL.

 

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