AgDay Daily Recap -Aug 21, 2014

August 21, 2014 02:57 AM
 

 

TODAY ON AGDAY
AUGUST 20, 2014
 
OPEN HEADLINES:
COMING UP TODAY ON AGDAY - CROP TOUR SIZING UP THE CROP... OH, IT'S GOING TO BE BIG. BUT THERE ARE STILL SOME CONCERNS...IT'S A PROBLEM THAT'S GOING TO EVENTUALLY TAKE THIS FIELD. IN AGRIBUSINESS....STORE AND SELL...STRATEGIES FOR HARVEST. FIND OUT HOW TOBACCO COULD SAVE LIVES THREATENED BY DISEASE. AND THE NATION'S LARGEST RESERVOIR IS RUNNING HISTORICALLY SHORT ON WATER. AGDAY BROUGHT TO YOU BY THE ALL NEW CHEVY SILVERADO - THE 2014 NORTH AMERICAN TRUCK OF THE YEAR.
CROP TOUR RESULTS:
GOOD MORNING I'M CLINTON GRIFFITHS. SCOUTS FROM THE PROFARMER MIDWEST CROP TOUR HEAD-OUT THIS MORNING TO ANALYZE WHAT'S ARGUABLY THE STRONGEST CORN CROP IN YEARS. BUT WILL THEIR ESTIMATES LIVE-UP TO THE BILLING? AND THAT'S OUR TOP STORY ON AGDAY.
DRONE FOOTAGE:
WHILE THE BEST TRUE MEASUREMENT OF THE CROP IS FROM THE GROUND, A VIEW FROM ABOVE ADDS A UNIQUE PERSPECTIVE. UN-MANNED AERIAL VEHICLES ARE NOT PART OF THE OFFICIAL PROFARMER DATA GATHERING. WE DISPATCHED ONE OF OUR CREWS TO FOLLOW A TEAM OF SCOUTS AS THEY TRAVERSED NORTH CENTRAL INDIANA. TOUR AGRONOMIST MARK BERNARD SAYS THERE'S SOME CROP PRESSURE IN THOSE FIELDS.
WESTERN LEG:
IN THE WEST, THE 60 SCOUTS ON THIS LEG OF THE TOUR SPREAD THROUGH-OUT CENTRAL NEBRASKA ON TUESDAY. IN SOME FIELDS, TOUR LEADER CHIP FLORY FOUND SOME IMPRESSIVE DRYLAND CORN. BUT THERE WERE ALSO SOME ISSUES.
WCB STALK ROT:
OKAY WE'RE IN A DRY LAND JUST NORTH OF SEWARD NEBRASKA LOOK AT THAT FILLED RIGHT TO THE TIP. WE GOT IN THE MIDDLE OF THE FIELD AND THERE WAS A LITTLE BIT OF A POPULATION ISSUE IT WASN'T QUITE AS HEAVILY POPULATED AS WHAT THE LAST FIELD THAT WE WERE IN WHICH WAS IRRIGATED AND SO WERE LOOKING AT YOU KNOW MAYBE AROUND 23 24,000 POPULATION SO THE EARS WENT AHEAD AND FILLED OUT REAL WELL. WHAT'S THE BLACKS SPOTS… I'D SAY IT'S BAD NEWS SEEING SOME START TO END THICKNESS AND A LITTLE BIT OF DISEASE PRESSURE. THESE BLACK LEGIONS ON THE STALKS THAT'S A THE START ANTHRACNOSE STALK ROT IT'S A PROBLEM THAT'S GOING TO EVENTUALLY TAKE THIS FIELD BUT HIS FIELD PUT ON A LOT OF YIELD ALREADY AND EVENTUALLY IT WILL START TO START TO BURN OFF THE TOP OF THE PLANTS AND IT WILL LOOK LIKE THE FIELD IS DYING FROM THE TOP DOWN WELL IN REALITY IT'S FROM THE STALK UP IT WILL BE INTERESTING TO SEE IF LATER IF THIS IF THIS CROP IS GOING TO BE ABLE TO HOLD ONTO ALL THE EARS THAT IT'S GOT BUT IT'S DONE A NICE JOB OF PUTTING ON SOME GOOD YIELD ALREADY THIS YEAR CAUGHT RAINS AT JUST THE RIGHT TIME AND WHEN YOU DO THAT YOU’RE GOING TO HAVE GOOD SOLID CORN ON DRY LAND ACRES OUT HERE IN NEBRASKA.
CROP WATCH:
USDA SAYS PLANTED CORN ACRES ARE DOWN FOUR-PERCENT, YET THEY STILL PREDICT A RECORD CROP. THAT'S DUE - IN PART - TO CORN PLANTS WITH MULTIPLE EARS. AND WE'VE SEEN SOME ON TOUR. CINDI CLAWSON HAS DETAILS IN CROPWATCH.
EBOLA TOBACOO:
THE NUMBERS OF INFECTED BY THE EBOLA VIRUS IN AFRICA CONTINUES TO GROW. BUT THERE'S BEEN A LOT OF TALK ABOUT A POTENTIAL TREATMENT GROWN WITH HELP FROM A TOBACCO PLANT HERE IN THE UNITED STATES. IT'S A BURGEONING FIELD OF BIOMEDICINE CALLED "PHARMING," IN WHICH TOBACCO PLANTS ARE USED TO CREATE VACCINES AND DRUGS TO HELP FIGHT DISEASE. CINDY SHARP REPORTS...
TEASE:
THANKS CINDY. JUST AHEAD WE'RE TALKING STORAGE STRATEGIES FOR FARMERS TRYING TO FIGURE OUT WHAT TO DO WITH THE 2014 CROP. FARM DIRECTOR AL PELL HAS THAT NEXT.
ANALYSIS INTRO:
IN AGRIBUSINESS TODAY, BIG YIELDS AND LOWER PRICES MAY HAVE SOME FARMERS THINKING ABOUT STORING THEIR GRAIN. IT'S A DECISION THAT OFTEN REQUIRES ITS OWN STRATEGY. TO HELP SORT IT ALL OUT, FARM DIRECTOR AL PELL.
ANALYSIS:
HERE AT THE AGRIBUSINESS DESK WE'RE TALKING TO BOB UTTERBACK OF UTTERBACK MARKETING AND YOUR KNOWN AS ACTUALLY KIND OF PULL YOURSELF AS A BEAR IN THE MARKET AND THAT KIND OF THING BUT HOW DO YOU TURN A BEAR MARKET INTO A BULL MARKET. AND I THINK THERE ARE SOME THINGS YOU REALLY AS A BEAR YOU KNOW I HAVE BEEN BEARISH. A LONG TIME LAST COUPLE YEARS HERE AND NOW I'M LOOKING WERE GETTING THE RIGHT ELEMENTS IN PLACE NOW WE GOT FARMERS HOLDING A LOT OF PRODUCT ON THE PRICE IN THE BIN SO WHAT WE HAVE TO DO IS WE HAVE TO GET FARMERS TO WANT TO HAVE NO GRAIN IN THE BIN TWO THEY GOT TO PRE-SELL ON THE SPRING HIGH CAUSE OF FEAR OF LOWER PRICES IN THE FALL AND REDUCE ACRES OR KEEP ACRES FROM UP AND HAVE BUILT DEMAND I THINK WE'RE GOING TO BUILD DEMAND OVER TIME SO AND I THINK ACRES WILL GO DO SO THOSE TWO CONDITIONS WILL TAKE TIME BUT ALL THOSE TAKE TIME AND BECAUSE CASH FLOW STATEMENTS ARE IN GREAT CONDITION RIGHT NOW AND FARMERS SAYS OH YOU BEARS YOU ALL GET CARRIED AWAY I'M GOING TO PUT IN THE BIN BECAUSE SOMETHING'S GOING TO SAVE ME I DON'T THINK IT'S GOING TO HAPPEN IN 015 I THINK THAT 016 IS THE EARLIEST YOU CAN REALLY GET FARMERS TO SELL IN THE SPRING OF 016 WHEN THE BANKS ARE SAYING HEY YOU'VE HAD 2 YEARS OF POOR PROFITABILITY YOU GOT TO GET RID OF THE STUFF. SO WERE THINKING A YEAR AND A HALF OUT GO AHEAD. YEP SO I COULD START TALKING THE FALL OF 016 GOING INTO 017 IS WHEN I REALLY THINK THE BULL THE BEAR MARKET WILL BOTTOM THE FALL OF 016 AND WE'LL BE BUILDING TO I THINK A TREMENDOUS BULLISH TIME PERIOD 017 018 SO I'M OFFICIALLY SAYING BOB UTTERBACK WILL BECOME A BULL THE FALL OF 016 BUT TO DO THAT YOU GOT GET ME A 2 IN FRONT OF CORN AND 9 IN FRONT OF BEANS THE LOWER WE GO THE BETTER IT'S GOING TO BE FOR US LONG TERM CAUSE WE'LL QUIT USAGE WE'LL TAKE EXCESS PRODUCTION OUT WE'LL PUT PRESSURE ON GLOBAL PRODUCERS THAT BROUGHT IN WE'LL TAKE SOME OF THOSE OUT AND WE'LL ACTUALLY BE BETTER SHAPE LONG TERM IF WE HAVE A PERIOD OF TIME 1 TO 2 YEARS OF BEARISH ACTIVITY HERE. TURNING THIS BEAR MARKET INTO A BULL MARKET BOB UTTERBACK UTTERBACK MARKETING OUR GUEST HERE AT AGDAY...
WX:
WELCOME BACK TO AGDAY. HERE WITH CINDI CLAWSON. CINDI LETS TALK A LITTLE BIT ABOUT WHICH AREAS HAVE GOTTEN RAIN AND WHICH ONES HAVEN'T... AND OBVIOUSLY WITH CROP MOISTURE WE CAN REALLY SEE THAT. YEAH YOU CAN SEE THAT JUST LIKE YOU CAN ON THE DROUGHT INDEX. VERY DRY STILL IN TEXAS... NOW THEY DID HAVE SOME RAIN EARLIER THIS SUMMER BUT OBVIOUSLY THEY ARE STILL LOOKING AT SOME PRETTY BAD SOIL CONDITIONS. WHERE THEY HAVE SEEN THE RAIN IS IN PARTS OF MISSOURI AS YOU SEE ALL OF THE GREEN START TO POPUP EVEN MORE IN PARTS OF ILLINOIS AND MISSOURI RIGHT ON UP THROUGH THE DAKOTAS. EVEN INTO PARTS OF NEBRASKA AS WELL. THE NORTHEAST DOING OKAY ON THAT MOISTURE AS WELL... BUT THE PROBLEM AREAS ARE IN THE FAR SOUTHEAST OVER NEAR THE FLORIDA PANHANDLE. WE'RE ALSO LOOKING AT SOME PROBLEM AREAS IN TEXAS. ALSO IN THE NORTHERN ROCKIES AND OF COURSE CALIFORNIA EXTREMELY BAD CONDITIONS AS FAR AS THE SOIL AND DROUGHT IS CONCERNED. WELL LETS TAKE A LOOK AT WHAT WE HAVE IN STORE FOR US TODAY. WE HAVE ONE MAIN FRONTAL SYSTEM THAT BROUGHT SOME STRONG STORMS TO PARTS OF THE EASTERN CORN BELT YESTERDAY. THAT LOW IS GOING TO MAKE SOME SLOW MOVEMENT OVER THE NEXT COUPLE OF DAYS. WE'LL CONTINUE TO SEE SHOWERS AND THUNDERSHOWERS ALONG THE FRONT HERE. WE HAVE ANOTHER ONE THAT GOING TO BE STARTING TO MOVE INTO THE HIGH PLAINS THERE. BUT AS WE GET INTO THIS AFTERNOON YOU'LL SEE THE SHOWERS AND THUNDERSHOWERS ESPECIALLY WITH OUR LOW PRESSURE SYSTEM IN AHEAD OF THAT COLD FRONT. MORE SHOWERS AND THUNDERSTORMS IN PARTS OF THE NORTHERN PLAINS AHEAD OF THAT COLD FRONT AS WELL. AS WE CONTINUE INTO THE OVERNIGHT HOURS WE'RE GOING TO BE SEEING MORE SHOWERS AND THUNDERSTORMS DEVELOPING ON THE TAIL END OF THIS. WE'RE GOING TO BE PICKING UP MORE MOISTURE MORE ENERGY AND LITTLE MORE UPPER LEVEL SUPPORT. SO THAT'LL MEAN ANOTHER ROUND OF RAIN COMING INTO THE CENTRAL AND TO THE EASTERN CORN BELT AND AS WE HEAD THROUGH THE DAY ON THURSDAY WE'LL CONTINUE TO MORE SHOWERS AND THUNDERSTORMS ALONG OUR LOW PRESSURE SYSTEMS AND WE DO HAVE SOME MOISTURE COMING INTO THE FOUR CORNERS REGION AS WELL AS PARTS OF WESTERN TEXAS. THAT LOOKS NOT SO BAD IN A DRIER AREA. HERE'S A LOOK AT OUR PRECIPITATION ESTIMATE FROM THE PAST 24 HOURS. IT REALLY HAS BEEN THAT MAIN SYSTEM IN THE EAST AND OF COURSE THAT MONSOONAL MOISTURE. THE NEXT 24 HOURS WE WILL CONTINUE TO SEE THOSE SHOWERS AND THUNDERSHOWERS IN THE EAST AND IT LOOKS LIKE MAYBE A FAIR AMOUNT OF RAIN ESPECIALLY IN PARTS OF THE NORTHERN PLAINS. ALRIGHT AS WE TAKE A LOOK AT TEMPERATURES, WE'RE GOING TO REALLY HEAT UP IN THE NATION'S MIDSECTION ESPECIALLY THE SOUTH CENTRAL UNITED STATES. THOSE 90'S GOING TO EXPAND UP TO THE EAST AND TO THE NORTH. AND AS WE GET INTO THE OVERNIGHT WE SEE VERY MILD AND MUGGY CONDITIONS ALL THROUGH MUCH OF THE EASTERN UNITED STATES AND INTO THE CORN BELT WHERE WE'RE SEEING LOWS NEAR 80 DEGREES AND AS WE HEAD INTO TOMORROW THOSE 90'S CONTINUE TO STRETCH A LITTLE FURTHER TO THE NORTH WITH A VERY WARM DAY EXPECTED FOR MUCH OF THE NATION'S MIDSECTION. THAT'S YOUR NATIONAL FORECAST NOW LETS CHECK OUT THE FORECAST WHERE YOU LIVE. YAKAMA WASHINGTON SUNNY AND WARM FOR YOU TODAY WITH A HIGH TEMPERATURE OF 85 DEGREES... JAMESTOWN NORTH DAKOTA LOOKS FOR SOME SHOWERS AND THUNDERSTORMS HIGH OF 82 DEGREES, AND MORE SHOWERS AND THUNDERSTORMS FOR PARKERSBURG WEST VIRGINIA...
ITC LAKE MEADE:
NEVADA'S LAKE MEAD, THE NATION'S LARGEST RESERVOIR, IS NOW AN ALL TIME-LOW AND GOING BACK TO THE 1930'S WHEN IT WAS FIRST FILLED. WATER LEVELS HAVE BEEN ON THE SHORT SIDE FOR MORE THAN 2 YEARS NOW. THAT'S RAISING CONCERNS A WATER SHORTAGE COULD BE DECLARED FOR A REGION HOME TO 40 MILLION PEOPLE IN SEVEN FAST-GROWING STATES. TRACEY BROWN HAS DETAILS....
RFD PROMO:
WEDNESDAY ON AGDAY THE PROFARMER CROP TOUR HEADS INTO THE CORNBELT'S GARDEN SPOT. WILL THE YIELDS REALLY LIVE-UP TO THE HYPE?
PLUS, FIND OUT HOW TOBACCO COULD SAVE LIVES. JOIN US EIGHT EASTERN ON RFD.
STATION PROMO:
 COMING UP THURSDAY IT’S GREENER PASTURES FOR CATTLE PRODUCERS. WE HAVE THE LATEST PASTURE CONDITIONS FROM USDA. PLUS THE PROFARMER CROP TOUR IS IN THE HOMESTRETCH. WE'LL HAVE INDEPTH COVERAGE FROM THROUGH-OUT THE MIDWEST.
JOIN US WEEKDAYS FOR AGDAY.
 
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