Sep 19, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

AgDay Daily Recap -June 18, 2013

June 18, 2013
 
 

TODAY ON AGDAY

JUNE 18, 2013

 

G8 SUMMIT:

GOOD MORNING I'M CLINTON GRIFFITHS. EUROPE IS ALREADY A BIG CONSUMER OF AMERICAN GOODS, ESPECIALLY FARM PRODUCTS, AND THOSE LEVELS COULD GO HIGHER.

ACCORDING TO THE WHITE HOUSE PRESS OFFICE, THE U-S EXPORTED 458-BILLION DOLLARS IN GOODS AND SERVICES TO THE E-U IN 2012. THEY EXPECT THAT TO INCREASE BUT NO SPECIFIC AMOUNT WAS MENTIONED. ANOTHER STUDY FOUND THAT CUTTING CURRENT NON-TARIFF MEASURES IN HALF, COULD BOOST THE E-U AND U-S---G-D-P BY MORE THAN 208 BILLION DOLLARS. MEANWHILE, LEADERS FROM THE PORK INDUSTRY SAY A U-S / E-U TRADE AGREEMENT COULD BENEFIT THEIR PRODUCERS.

FARM BUREAU:

IN A STATEMENT FROM THE AMERICAN FARM BUREAU FEDERATION, PRESIDENT BOB STALLMAN SAID - QUOTING HERE - "EU'S RESTRICTIONS ON GENETICALLY ENGINEERED CROPS, HAS LONG BEEN A TACTIC TO IMPEDE TRADE. WE WILL LOOK CLOSELY TO THESE NEGOTIATIONS TO MOVE PAST THIS TRADE DISTORTING TACTIC AND FULLY EMBRACE A RULES-BASED TRADING SYSTEM WITH STANDARDS BASED UPON SCIENTIFIC ASSESSMENT."

CROP PROGRESS:

USDA ROLLED OUT ITS LATEST CROP PROGRESS REPORT MONDAY. THE COUNTRY'S MAJOR CROPS ARE CLOSE TO BEING COMPLETELY PLANTED.

WET WEEDS:

ALL THE RAIN NORTH DAKOTA RECEIVED THIS SPRING HAS PROVIDED BENEFICIAL MOISTURE FOR PASTURES AND THE CROPS THAT FARMERS WERE ABLE TO PLANT  HOWEVER, WEEDS ARE ALSO THRIVING AND DISEASE COULD BECOME A PROBLEM IF THE COOL AND WET WEATHER PATTERN CONTINUES. CLIFF NAYLOR WITH AGDAY AFFILIATE KFYR-TV REPORTS.

COLORADO FIRE UPDATE:

AND AN UPDATE TO THE MASSIVE WILDFIRE BURING IN COLORADO. RAIN SUNDAY AFTERNOON HELPED CREWS START GETTING IT UNDER CONTROL. BUT NOT BEFORE DOING SEVERE DAMAGE...NEARLY 500 HOMES HAVE BURNED IN THE FIRE THAT IS STRETCHED ACROSS 22 SQUARE MILES. TWO PEOPLE REPORTEDLY DIED IN THE FIRE.

CROP WATCH:

CINDI CLAWSON IS IN ONCE AGAIN FOR MIKE HOFFMAN. SHE JOINS US FROM THE AGDAY WEATHER CENTER WITH THIS MORNING'S CROP WATCH.

FARM BILL:

IN OUR DAIRY TODAY REPORT, THE DAIRY SECURITY ACT IS LIKELY TO BE A KEY TOPIC OF DEBATE, IN THE HOUSE VERSION OF THE FARM BILL. THAT BILL IS SET TO COME TO THE FLOOR TODAY.

BEEF PRODUCTION:

HIGH FEED COSTS IS JUST ONE THING WEIGHING ON BEEF PRODUCITON. USDA IS FORECASTING U.S. BEEF PRODUCTION IN 2013 TO BE NEARLY 2 PERCENT LOWER THAN IT WAS LAST YEAR.  ITS ALSO FORECASTING ANOTHER 5 PERCENT DROP NEXT YEAR IN 2014. SO FAR THIS YEAR BEEF AND DAIRY COW SLAUGHTER IS UP ABOUT 3 AND A HALF PERCENT COMPARED TO THE YEAR AGO. BUT--MAYBE MORE TELLING-- BOTH STEER AND HEIFER PROCESSING WAS DOWN. USDA SAYS PRICES FOR SLAUGHTER STEERS SHOULD BE ROUGHLY $127 DOLLARS PER HUNDRED FOR LIVE CATTLE. AND EVEN HIGHER THAN THAT NEXT YEAR.

FEED OUTLOOK:

ACCORDING TO USDA, THE OUTLOOK FOR FEED AND GRAIN SUPPLIES IN THE NEXT YEAR ISN'T QUITE AS BRIGHT AS PREVIOUSLY THOUGHT. USDA LOWERED ITS EXPECTATIONS BASED MOSTLY ON CHALLENGES FOR FARMERS THIS SPRING. IT RAISED ANTICIPATED COST OF CORN TO ROUGHLY 4-80 A BUSHEL AND 10-75 FOR SOYBEANS.

MATTRESS BANK:

HOW OFTEN HAVE YOU HEARD ABOUT SOMEONE - LIKE A GRANDPARENT - WHO HIDES THEIR CASH IN THEIR MATTRESS? PEOPLE WHO LIVED THROUGH THE GREAT DEPRESSION OF THE 1930'S HAD A DEEP SUSPICION OF BANKS.

ANALYSIS:

LAST WEEK THE USDA RELEASED ITS LATEST SUPPLY AND DEMAND ESTIMATES. BUT IT DIDN'T TOUCH ITS PLANTED ACRE NUMBERS. FARM DIRECTOR AL PELL DISCUSSES THAT AND WHAT IT MEANS FOR MARKETS IN THIS MORNING'S ANALYSIS.

HORSE BURNS:

IT IS A JOURNEY THAT HAS COVERED HUNDREDS OF MILES, BROUGHT TOGETHER DOZENS OF HEALTHCARE PROVIDERS AND RECENTLY LANDED A HORSE NAMED "NORTHSTAR" IN THE MEDICAL SPOTLIGHT. ALMOST A YEAR AGO, NORTHSTAR WAS THE VICTIM OF A VICIOUS ATTACK. TODAY, HE IS SLOWLY RECOVERING AT THE OHIO STATE UNIVERSITY GALBREATH EQUINE CENTER - THANKS TO SOME HEROIC EFFORTS - AND A PAIR OF HISTORIC SURGERIES. CLARK POWELL HAS DETAILS IN THIS REPORT PROVIDED BY OHIO STATE UNIVERSITY MEDICAL CENTER.

FOOD COMPOSTING:

TALK ABOUT FOOD WASTE HAS BEEN ON THE RISE AS OF LATE. SOME STUDIES SAY AS MUCH AS 90 BILLION POUNDS OF FOOD IS THROWN AWAY BY AMERICAN'S EVERY YEAR. WELL NEW YORK SAYS ITS GOING TO CHANGE THAT.

PIZZA:

AND ONE THING THAT'S USUALLY NOT LEFTOVERS AROUND MY HOUSE..PIZZA.

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

CONTACT:
We'd love to hear from you! Contact us at 800-792-4329. Or drop an email to inbox@agday.com. You can also check us out on Facebook.

 

See Comments

RELATED TOPICS: Daily Recap

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Hot Links & Cool Tools

    •  
    •  
    •  
    •  
    •  
    •  

facebook twitter youtube View More>>
 
 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions