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AgDay Daily Recap -April 26, 2013

April 26, 2013
 
 

TODAY ON AGDAY

APRIL 26, 2013

 

RAPID WARM UP AND FLOODING:

GOOD MORNING I'M CLINTON GRIFFITHS. IT'S A MURKY MUDDY MESS IN MANY PARTS OF THE MIDWEST AS RESIDENTS WORK TO RECOVER FROM SOAKING RAINS AND HEAVY FLOODS.

CROP WATCH:

MANY PLACES HAVE RECORDED RECORD RAINFALL THIS MONTH. IN CHICAGO THE NATIONAL WEATHER SERVICE SAYS IT WAS THE WETTEST APRIL EVER. FARTHER NORTH, STATES ARE SETTING RECORDS NOT FOR RAIN BUT FOR SNOW. MIKE HOFFMAN HAS MORE IN TODAY'S CROP WATCH.

DROUGHT MONITOR:

AS MIKE SHOWED US, DROUGHT CONTINUES TO SUBSIDE IN MUCH OF THE COUNTRY.

WHEAT ABANDONED:

START GREASING THE SWATHERS. THAT'S THE MESSAGE OKLAHOMA STATE WHEAT SPECIALIST JEFF EDWARDS IS SHARING. HE SAYS THE WINTER WHEAT CROP TOOK ANOTHER HARD HIT THIS WEEK FROM FREEZING TEMPERATURES. A BLOOMBERG SURVEY OF CROP ANALYSTS SHOW FARMERS ARE LIKELY TO ABANDON AT LEAST 25 PERCENT OF THEIR HARD RED WINTER WHEAT. WE'LL KNOW MORE IN A WEEK TO TEN DAYS.

EPA:

IN WASHINGTON, U.S. SENATOR MIKE JOHANNS IS ASKING TOUGH QUESTIONS OF THE EPA REGARDING IT'S USE OF AERIAL SURVEILLANCE.

IMMIGRATION:

THE CHAIRMAN OF THE HOUSE JUDICIARY COMMITTEE SAYS HE WILL INTRODUCE THE FIRST PARTS OF HIS IMMIGRATION REFORM PLAN THIS WEEK.  BOB GOODLATTE OF VIRGINIA SAYS THE MEASURES WILL ADDRESS FARM WORKERS AND A REQUIREMENT FOR EMPLOYERS TO VERIFY THE IMMIGRATION STATUS OF WORKERS. GOODLATTE SAYS RATHER THAN A HUGE IMMIGRATION BILL, THE HOUSE WOULD TAKE A STEP-BY-STEP APPROACH.

FARM BILL:

AS THE HOUSE AG COMMITTEE PREPARES TO BEGIN MARK-UP OF ITS VERSION OF THE FARM BILL, THE AMERICAN FARM BUREAU WANTS LAWMAKERS TO THINK ABOUT THE NEEDS OF FRUIT AND VEGETABLE GROWERS.

TANKER EXPLOSION:

THAT IS FOOTAGE OF A HUGE FIREBALL ERUPTING FROM TWO FUEL BARGES IN MOBILE, ALABAMA. THOSE FIRES ARE NOW OUT. THE FIRE DEPARTMENT SAYS IT APPEARS TO BE AN ACCIDENT. THE FIRE BROKE OUT WEDNESDAY NIGHT THREE PEOPLE WERE SEVERELY BURNED. IT ALSO FORCED A NEARBY CRUISE SHIP TO BE EVACUATED.

CHICAGO BOARD OF TRADE:

THE CHICAGO BOARD OF TRADE'S OPTIONS EXCHANGE DIDN'T OPEN THURSDAY AND THAT HAD MANY PEOPLE SCRATCHING THEIR HEADS. SPOKESPERSON SIMPLY SAID--IT DID NOT OPEN-- BUT DIDN'T EXPLAIN WHY. A FEW DAYS AGO THE EXCHANGE BROKE RECORDS FOR VOLUME WITH NEARLY 1 POINT 4 MILLION CONTRACTS. THIS IS THE LARGEST OPTIONS EXCHANGE IN THE COUNTRY. ON FRIDAY IT CELEBRATES A 40 YEAR ANNIVERSARY.

ANALYSIS:

AS WE MENTIONED EARLIER IN THE SHOW, FREEZING WEATHER HAS SEVERLY DAMAGED MUCH OF THE WINTER WHEAT CROP. YET WHEAT MARKETS REALLY AREN'T REACTING.

PROFIT BRIEFING:

HERE TO HELP EXPLAIN WHY IS PROFARMER EDITOR CHIP FLORY AND SENIOR MARKET ANALYST BRIAN GRETE. THEY JOIN US FROM THE PRO FARMER STUDIOS.

ANGUS HARWARD SISTERS:

I CAN TELL YOU FROM EXPERIENCE, GROWING UP AROUND THE SHOWRING TEACHES A LOT OF LIFE LESSONS. AND FOR FIVE SISTERS IN RICHFIELD NORTH CAROLINA, THEY'RE LEARNING THOSE LESSONS TOGETHER. IN THIS PIECE FROM THE AMERICAN ANGUS ASSOCIATION, WE LEARN HOW THE HARWARD SISTERS MAKING IT ALL WORK FROM THE PENS AT HOME TO THE RING ON SHOW DAY.

FOOD STAMPS:

IN FOOD AND YOUR FAMILY, JOBLESS NUMBERS CAME OUT THURSDAY. IT SHOWS FEWER AMERICANs WITHOUT WORK, HOWEVER THE NUMBER OF PEOPLE ON GOVERNMENTAL FOOD ASSISTANCE IS SETTING RECORDS.

WASHINGTON GMO:

ALSO IN WASHINGTON, THE REQUIRED LABELING OF GMO FOODS IS A DEBATE NOW HEADED FOR CONGRESS.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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