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AgDay Daily Recap -August 26, 2013

August 26, 2013
 
 

TODAY ON AGDAY

AUGUST 26, 2013

 

CROP TOUR RESULTS:

GOOD MORNING I'M CLINTON GRIFFITHS. THE 2013 PROFARMER CROP TOUR IS OFFICIALLY COMPLETE, AND THE ESTIMATES ARE IN.

PREVENTIVE PLANT:

ONE THING COMPLICATING THE PROCESS THIS YEAR IS THE HIGH NUMBER OF PREVENT PLANT ACRES. PROFARMER TOOK ONE-POINT-EIGHT MILLION OFF OF HARVESTED ACRES FOR CORN AND 800-THOUSAND HARVESTED ACRES OFF OF SOYBEANS TO REFLECT THE PREVENTED PLANT ACRES IN IOWA, MINNESOTA AND NORTH DAKOTA.

IOWA RESULTS:

OF THE CROPS GROWING IN IOWA AND MINNESOTA, SCOUTS FOUND BIG POTENTIAL.
SAMPLES IN IOWA SHOW YIELDS OF NEARLY 172 BUSHELS TO THE ACRE. THAT ABOUT 10 POINTS HIGHER THAN THE LATEST USDA ESTIMATE. FURTHER NORTH IN MINNESOTA, TEAMS COUNTED YIELDS OF 181 BUSHELS TO THE ACRE.  A FULL 15 BUSHELS HIGHER THAN USDA'S TOTAL. SOYBEAN POD COUNTS HOWEVER WERE DISMAL...WITH IOWA NUMBERS MORE THAN 20% BELOW THE CROP TOUR 3 YEAR AVERAGE.

CROP WATCH:

FOLKS OFF THE "CROP TOUR" ROUTES SAY CONDITIONS ARE ROUGH IN WESTERN ILLINOIS AND NORTHWEST WISCONSIN. MIKE HOFFMAN HAS DETAILS IN CROPWATCH, MIKE.

CORN FLOW:

WITH HARVEST ALREADY WELL UNDERWAY IN MANY PARTS OF THE SOUTH, WE ARE LEARNING ABOUT A UNIQUE SWING IN THE FLOW OF CORN.

OIL INVESTIGATION:

AN UPDATE TO A STORY WE FIRST TOLD YOU ABOUT LAST WEEK. THE F-T-C SAYS IT WILL LOOK INTO CONCERNS THAT OIL COMPANIES MAY BE UNDERMINING EFFORTS TO DISTRIBUTE RENEWABLE FUELS. THIS AFTER SENATORS AMY KLOBUCHAR AND CHUCK GRASSLEY SENT A LETTER ASKING THE FTC AND THE DEPARTMENT OF JUSTICE ASKING THEM TO TAKE A LOOK. THE SENATORS SAY RECENT REPORTS RAISE ANTI-COMPETITIVE CONCERNS INCLUDING FRANCHISE AGREEMENTS THAT APPEAR TO PUSH RENEWABLE FUELS A SIDE.  THE FTC SAYS IT'S TAKING STEPS TO INVESTIGATE THOSE CONCERNS WHICH MAY IMPEDE COMPETITION,

ZILMAX UPDATE:

ANOTHER MAJOR MEAT PROCESSOR HAS DECIDED TO SUSPEND PURCHASES OF NORTH AMERICAN CATTLE THAT HAVE BEEN ON THE FEED ADDITIVE ZILMAX. CARGILL JOINS TYSON IS STOPPING USE OF THE WELL-KNOWN BETA-AGONIST.

CATTLE RUSTLING:

OUT IN TEXAS AND OKLAHOMA, RANCHERS ARE REPORTING MORE THAN 10-THOUSAND COWS AND HORSES MISSING OR STOLEN IN THE LAST YEAR. THAT'S UP ALMOST 40 PERCENT. AUTHORITIES SAY FEWER CATTLE ARE MAKING THEM MORE VALUABLE--ENTICING THEIVES WITH A QUICK BUCK. THEY ALSO SAY MANY OF THESE CASES ARE DRIVEN BY THE METH COMMUNITY LOOKING FOR CASH.

RECORD WORLDWIDE WHEAT:

USDA'S LATEST ESTIMATES FINDS U.S. WHEAT SUPPLIES ARE GOING TO BE HIGHER THAN ITS ORIGINAL ESTIMATE. EXPORTS WILL INCREASE 25 MILLION BUSHELS. THE INCREASE IS DUE TO STRONG SALES AND HIGHER CHINESE DEMAND.  WORLDWIDE, USDA EXPECTS WHEAT SUPPLIES TO HIT A RECORD AT MORE THAN 700 MILLION TONS.

GMO TRIAL OVERSIGHT:

MEANWHILE, WHEAT MARKETS HAVE CALMED FOLLOWING THE DISCOVERY OF UNAPPROVED ROUND UP READY WHEAT IN AN OREGON FIELD EARLIER THIS YEAR. NOW MORE THAN 150 FARM, FOOD BUSINESSES AND ORGANIZATIONS--MANY ON THE ORGANIC SIDE OF THE BUSINESS--- ARE ASKING THE USDA TO STRENGTHEN ITS OVERSIGHT OF FIELD TRIALS FOR EXPERIMENTAL AND GMO CROPS.  THEY SAY THERE ARE MAJOR WEAKNESSES IN USDA'S OVERSIGHT. USDA SAYS IT'S REVIEWING THOSE CONCERNS ADDING THAT SINCE 2007 IT 'HAS' STRENGTHENED OVERSIGHT... USDA IS CONDUCTING ROUGHLY 700 FIELD INSPECTIONS A YEAR--THAT'S UP FROM 500 PREVIOUSLY.

INTERNET USAGE:

THE NUMBER OF FARMS USING HIGH TECH EQUIPMENT CONTINUES TO CLIMB. USDA LATEST REPORT SAYS INTERNET IS NOW AVAILABE ON 67 PERCENT OF FARMS. 70 PERCENT HAVE ACCESS TO A COMPUTER--AND 40 PERCENT ARE USING A COMPUTER FOR FARM BUSINESS.

ANALYSIS INTRO:

FOLLOWING LAST WEEK'S PROFARMER MIDWEST CROP TOUR, GRAIN MARKETS ENDED THE WEEK IN THE GREEN. CORN WAS UP SLIGHTLY WHILE SOYBEANS WERE NEARLY 40 CENTS HIGHER ON FRIDAY. NATIONAL REPORTER TYNE MORGAN SPENT THE WEEK WITH SCOUTS ON THE EASTERN LEG. SHE JOINS US NOW FOR A LOOK WHAT THESE MARKET PRICES MEAN FOR DEMAND.

BURMESE REFUGEES:

IN THE PAST FIVE YEARS MORE THAN 400 BURMESE REFUGEES HAVE FLED THEIR COUNTRY AND SETTLED IN OWENSBORO, KENTUCKY. THEY MOVED BECAUSE OF RELIGIOUS, POLITICAL AND ETHNIC DISCRIMINATION IN THEIR HOME COUNTRY. WHEN THEY RE-SETTLED HERE, THEY FOUND A VERY DIFFERENT LIFE. BUT THEY ALSO FOUND SOME VERY INVITING NEIGHBORS - MASTER GARDENERS FROM THE COOPERATIVE EXTENSION. JEFF FRANKLIN HAS DETAILS FROM THE U-K COLLEGE OF AGRICULTURE.

CHINESE FOOD SALT:

FAST FOOD IN PHILADELPHIA IS GETTING A LITTLE BIT HEALTHIER.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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