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AgDay Daily Recap -May 17, 2013

May 17, 2013
 
 

TODAY ON AGDAY

MAY 17, 2013

 

FARM BILL:

AS THE HOUSE AND SENATE VERSION OF the FARM BILL IS PASSED FROM COMMITTEE TO THE FLOOR, WE'RE STILL THUMBING THROUGH THE DETAILS TO SEE HOW EACH VERSION MATCHES UP....AND THAT'S OUR TOP STORY ON AGDAY.

TEXAS RICE:

RICE PRODUCERS MAY BE SAYING GOOD-BYE TO DIRECT PAYMENTS, BUT RAISES THE TARGET PRICE FOR SOME CROPS, INCLUIDNG RICE.  ANOTHER STRUGGLE FOR TEXAS RICE FARMERS IS BEING CUTT OFF FROM A VITAL RESOURCE THIS YEAR. TEXAS FARM BUREAU'S DON KYSER SHOWS US THE RIPPLE EFFECTS THIS COULD HAVE ON THE LONE-STAR ECONOMY.

WATER RESOURCES DEVELOPMENT ACT:

THE SENATE PASSED THE WATER RESOURCES DEVELOPMENT ACT THIS WEEK. THE ACT THAT WILL HELP IMPROVE INFRASTRUCTURE ON WATERWAYS, WILL ALSO SAVE FARMERS FROM A COSTLY REGULATION. AN AMENDMENT WITHIN THE BILL WILL NOW EXCLUDE MANY FARMERS AND RANCHERS FROM EPA'S SPILL, PREVENTION, CONTROL AND COUNTERMEASURE RULE. THE RULE THAT PUTS REGULATIONS ON FARMS THAT STORE OIL IN ABOVEGROUND TANKS. THE AMENDMENT RAISED THE MINIMUM LEVEL OF STORAGE IMPACTED BE THE RULE. EPA'S SPILL RULE WAS ORIGINALLY SCHEDULED TO GO INTO AFFECT IN MAY. AGDAY TALKED TO ONE FARMER WHO SAYS IT'S AN EXPENSIVE REGULATION.

TEXAS TORNADO:

THE HEAT WAVE THAT'S BEEN HOVERING OVER MUCH OF THE U-S THIS WEEK IS ALSO STIRRING UP SPRING STORMS.

CROP WATCH:

GIVE A FARMER SOME NICE WEATHER AND IT'S AMAZING HOW MUCH HE CAN GET DONE. MIKE HOFFMAN HAS DETAILS IN CROPWATCH, MIKE,

KEYSTONE HEARING:

IN AGIRBUSINESS, THE HOSUE SMALL BUSINESS SUMCOMMITTEE ON AGRICULTURE, ENERGY AND TRADE HEALD A HEARING ON THE BENEIFTS OF THE KEYSTONE XL PIPELINE YESTERDAY. WITNESSES TALKED ABOUT THE ECONOMIC GROWTH THIS PROJECT COULD SPUR. ACCORDING TO A 2012 STUDY, THE COST OF NATURAL GAS PROPANE, GAS, DEISEL AND FUEL OIL IS THE THIRD HIGHERST CONCERN FOR SMALL BUSINESS OWNERS.

CHICAGO LAND VALUES:

IN AGRIBUSINESS TODAY - THE VALUE OF "GOOD" FARMLAND CONTINUES TO RISE IN THE HEART OF THE CORNBELT. BUT THERE ARE SIGNS OF MODERATION IN THOSE GAINS. THE FEDERAL RESERVE BANK IN CHICAGO JUST RELEASED THE RESULTS OF ITS SURVEY OF BANKERS. IT SHOWS LAND VALUES ROSE JUST 4% IN THIS QUARTER OVER THE LAST QUARTER OF 2012. THAT SAID, YEAR-OVER-YEAR WE SAW A 15% INCREASE.

PROFIT BRIEFING:

IN TODAY'S PROFARMER PROFIT BRIEFING - THE OLD CROP GRAIN STOCKS ARE TIGHT. THAT WE KNOW. BUT WHAT HAPPENS AS WE MOVE THROUGH SUMMER? HERE TO SORT-OUT THE NUMBERS IS PROFARMER EDITOR CHIP FLORY AND SENIOR MARKET ANALYST BRIAN GRETE. THEY JOIN US FROM THE PRO FARMER STUDIOS.

MISSION MUSEUM:

IT'S THE COLLECTION OF ARTIFACTS FROM AROUDN THE WORLD WORTHY OF A BIG-CITY MUSEUM. BUT THIS PRICELESS BOUNTY RESIDES RIGHT IN THE MIDDLE OF IOWA'S COUNTRYSIDE IN MAPLETON,IOWA. AGDAY AFFILIATE KTIV'S AL JOENS HOWS US HOW A CHRISTIAN MISSIONARY IS HELPING COLLECT MEMORIES AND HISTORY FROM ACROSS THE WORLD.

FARM RECIPE:

IN FOOD AND YOUR FAMILY, WE'RE CONTINUING OUR WEEKLY SEGEMENT CALLED FRESH FROM THE FARM FAVORITES, THAT FEATURES A RECIPE FROM ONE OF OUR VIEWERS. THIS WEEK'S RECIPE COMES FROM MARGE HORNER IN NAPOLEON NORTH DAKOTA.

CICADA EATS:

AS THE EAST COAST PREPARES FOR BILLIONS CICADAS TO TAKE OVER, ONE CHEF'S MOTTO IS "IF YOU CAN'T BEAT THEM, EAT THEM." A CHEF IN NEW HAVEN CONNECTICUT SAYS HE'S GOING TO GATHER THEM AND CREATE NEW MENU ITEMS FEATURING CICADAS. IN HIS OPINION, INSECTS ARE HEATLHIER FOR HUMANS THAN MEAT. I THINK I'LL PASS.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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.

 

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