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AgDay Daily Recap -May 15, 2013

May 15, 2013
 
 

TODAY ON AGDAY

MAY 15, 2013

 

FARM BILL:

GOOD MORNING I'M TYNE MORGAN IN FOR CLINTON GRIFFITHS. TWO MAJOR PIECES OF LEGISLATION THAT DIRECTLY IMPACT AMERICA'S FARMERS AND RANCHERS ARE TAKING CENTER STAGE THIS WEEK IN THE SENATE.

DAIRY POLICY:

ONE ASPECT OF THE FARM BILL INVOLVES REVISING DAIRY POLICY IN THIS COUNTRY. THERE ARE TWO DIFFERENT PROGRAMS BEING OFFERED IN THE HOUSE VERSION OF THE FARM BILL. ONE IS THE DAIRY SECURITY ACT OR D-S-A. AND THE OTHER IS THE DAIRY FREEDOM ACT, OR DFA. SCOTT BROWN - WHO IS AN AGRICULTURAL ECONOMIST AT THE UNIVERSITY OF MISSOURI - ANALYZED BOTH PROGRAMS.

IMMIGRATION:

THE CONTENTIOUS IMMIGRATION BILL ISN'T MOVING NEARLY AS QUICKLY. AIDES TO SENATOR CHUCK GRASSLEY - WHO IS THE RANKING REPUBLICAN ON THE JUDICIARY COMMITTEE - SAYS THE MARK-UP WILL LIKELY RUN INTO NEXT WEEK.

PLANTING PROGRESS:

FARMERS ALONG INTERSTATE 80 - AND OTHER PARTS OF THE MIDWEST - MADE SOME PROGRESS LAST WEEK WITH THEIR PLANTING. WE'LL GIVE YOU A FINAL WRAP-UP OF THIS YEARS I-80 PLANTING TOUR IN A MOMENT. BUT FIRST, LET'S CHECK THE STATUS ON SOME OTHER MAJOR CROPS.

I-80:

WITH PROGRESS LAGGING, IT SEEMS TO BE THE WINTER THAT NEVER ENDS. THE ONLY STATE NOT BEHIND IN CORN PLANTING IS PENNSYLVANIA. FOR OUR FINAL I-80 PLANTING UPDATE THIS SEASON, WE GET A SNAPSHOT ACROSS THE INTERSTATE WITH GROWERS I INTERVIEWED EARLIER THIS SPRING. AND FIND OUT IF A LATE PLANTING SEASON COULD TRANSLATE INTO LOWER YIELDS THIS FALL.

CROP WTACH:

WHILE FARMERS IN NORTHERN ILLINOIS ARE GETTING THE CROP IN THE GROUND, JUST A LITTLE FUTHER SOUTH, FARMERS ARE JUST GETTING STARTED THIS WEEK. MIKE HOFFMAN HAS THE DETAILS IN THIS MORNING'S CROPWATCH.

SOUTHEAST FARMLAND:
IN AGRIBUSINESS TODAY - THE VALUE OF GOOD SOUTHEASTERN FARMLAND ROSE MORE THAN 6% FOR CALENDAR YEAR 2012. THE FEDERAL RESERVE BANK OF RICHMOND JUST RELEASED ITS QUARTERLY SURVEY OF AG BANKERS. THEY SAY THE MARKET VALUE OF GOOD FARMLAND AVERAGED JUST OVER 34-HUNDRED DOLLARS AN ACRE. ACCORDING TO OUR REPORTING PARTNERS AT LANDOWNER NEWSLETTER, FARMLAND VALUES IN THAT REGION HAVE REMAINED RELATIVELY FLAT.

ANALYSIS:

COPPER PRICES FELL SLIGHTLY ON TUESDAY AS FEARS SURFACED AROUND CHINA'S METAL DEMAND SLOWING. IN TODAY'S ANALYSIS, AL PELL TALKS TO MARK GOLD WITH TOP THIRD AG MARKETING ABOUT HOW CHINA'S ECONOMY COULD ULTIMIATELY IMPACT NEW CROP SOYBEAN PRICES THIS YEAR.
VETS ON CALL:

HORSE RACING IS HEATING UP RIGHT NOW. WITH THE KENTUCKY DERBY IN THE BOOKS, AND THE 138th PREAKNESS SET FOR THIS WEEKEND, THE DREAM IS TO WIN THE TRIPLE CROWN. IN OUR VETS ON CALL SERIES, WE ARE INTRODUCED TO A VET WHO HELPS ENSURE RACING BEAUTIES GET OFF ON THE RIGHT FOOT.

WEST NILE VIRUS:

AS WE HEAD TOWARDS SUMMER, THE FEDERAL GOVERNMENT JUST RELEASED ITS FINAL TABULATION OF WEST NILE VIRUS IN 2012.

SNACK TIME:

DO YOU KEEP TRACK OF THE NUMBER OF SNACKS YOU CONSUME EVERY DAY? IF NOT, YOU MIGHT BE SURPRISED HOW MUCH IS GOING IN. THE CONSUMER MARKET RESEARCH FIRM, N-P-D, TRACKS THE SNACKS. IT FOUND THE TYPICAL AMERICAN EATS OVER ONE THOUSAND SNACK-ORIENTED CONVENIENCE FOODS THROUGHOUT THE YEAR.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

CONTACT:
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