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AgDay Daily Recap -November 08, 2013

November 8, 2013
 
 

TODAY ON AGDAY

NOVEMBER 08, 2013

 

GRAIN REPORTS:

GOOD MORNING I'M CLINTON GRIFFITHS. FARMERS AND GRAIN TRADERS WILL BE WATCHING CLOSELY THIS MORNING TO SEE IF USDA'S LATEST REPORTS REFLECT A BIGGER CORN AND SOYBEAN CROP IN THIS COUNTRY.

ILLINOIS FARMERS:

THOSE BIG PRODUCTION FIGURES SHOULD ALSO MEAN BIG INCREASE IN USDA'S 2013-14 DOMESTIC ENDING STOCKS. THAT REPORT WILL ALSO COME OUT THIS MORNING AT ELEVEN CENTRAL TIME.
RFS REDUCTION:

THE INDUSTRY IS ALSO WATCHING HOW USDA ADDRESSES CORN-FOR-ETHANOL USAGE. THE DEMAND LEDGER COULD BE IMPACTED IF THE GOVERNMENT MAKES CHANGES TO THE RENEWABLE FUELS STANDARD. THE ENVIRONMENTAL PROTECTION AGENCY IS EXPECTED TO RELEASE THE 2014 R-F-S LEVELS THIS MONTH. THERE'S BEEN PRESSURE ON EPA FROM THE OIL INDUSTRY TO LOWER THOSE NATIONAL STANDARDS. A LOWER RFS WOULD IMPACT CORN DEMAND AND PRICE.

FDA TRANS FATS:

THE FDA SAYS IT'S PLANNING TO REQUIRE THE FOOD INDUSTRY GRADUALLY PHASE OUT TRANS FATS FROM THE AMERICAN DIET. THEY SAY ITS A THREAT TO PEOPLE'S HEALTH.
HIGH OLEIC:

ULTIMATELY, THE BAN COULD BENEIFT HIGH-OLEIC SOYBEAN GROWERS. JUST THIS WEEK ADM ANNOUNCED IT PLANS TO DOUBLE ITS ACRES OF DUPONT PIONEER'S HIGH OLEIC PLENISH SOYBEANS IN 2014.

CROP WATCH:

IN THIS MORNING'S CROPWATCH, WE HEAR FROM A FARMER WHO SAYS HE'S SURPRISED HOW GOOD OF A CROP YOU CAN GET, EVEN AFTER PLANTING VERY LATE. MIKE HOFFMAN HAS DETAILS IN THE WEATHER CENTER, MIKE.

SOUTH DAKOTA UPDATE:

AND IN SOUTH DAKOTA, A STATE VETERINARIAN IS PUTTING THE OCTOBER 4TH BLIZZARD INTO PERSPECTIVE. SO FAR HIS OFFICE HAS VERIFIED THE DEATHS OF NEARLY 14-THOUSAND CATTLE, MORE THAN 12-HUNDRED SHEEP, 3-HUNDRED HORSE AND 40 BISON.
THE DOCTOR SAYS MANY OF ANIMALS DIED FROM CONGESTIVE HEART FAILURE CAUSED BY THE STRESS OF THE HISTORIC STORM.

HEATING OIL DECLINE:

HEATING OIL IS NOT WIDELY USED ACROSS THE COUNTRY ANY LONGER. MOST OF THE HOMES WHICH STILL USE HEATING OIL ARE LOCATED IN THE NORTHEAST. BUT THOSE NUMBERS ARE DWINDLING AS HOMEOWNERS MOVE TO A CHEAPER ENERGY SOURCE, LIKE NATURAL GAS. NATIONAL REPORTER TYNE MORGAN HAS DETAILS ON THE ENERGY SWITCH.

PROFIT BRIEFING:

AS WE REPORTED AT THE TOP OF THE SHOW, USDA WILL RELEASE SOME KEY REPORTS LATER THIS MORNING - THE LATEST CROP PRODUCTION FIFGURES AND THE SUPPLY-DEMAND REPORT. IN TODAY'S PROFARMER PROFIT BRIEFING, CHIP FLORY AND BRIAN GRETE DISCUSS WHAT WE SHOULD SEE AND WHAT IT WOULD MEAN.

PICKIN TIME:

JUST AS THE COUNTRY MUSIC AWARDS WERE HANDED OUT WEDNESDAY NITE, THE NEXT GENERATION OF CMA WINNERS COULD BE LEARNING THEIR CRAFT RIGHT NOW IN THE HILLS AND MOUNTAINS OF EASTERN KENTUCKY. THE UNIVERSITY OF KENTUCKY'S ROBINSON CENTER WORKS ON PRESERVING THE HERITAGE AND COLORFUL HISTORY OF THE APPALACHIAN REGION, INCLUDING THE MUSIC. IN THIS REPORT PROVIDED BY U-K, JEFF FRANKLIN TELLS US ABOUT A "PICKIN' TIME".

FARM RECIPE:

WELCOME BACK TO AGDAY, IT'S TIME NOW FOR OUR WEEKLY FARM FAVORITE RECIPE OF THE WEEK. THIS ONE COMES FROM OUR GOOD FRIEND PAM FRETWELL...OF QUINCY ILLINOIS.
ITS HER FRIENDS 97 YEAR OLD GRANDMOTHER'S RECIPE FOR CORN PUDDING.

USDA TREE FUEL:

AND IF YOU LIKE VISITING THE ROCKIES, NO DOUBT YOU MAY HAVE HEARD ABOUT THE LARGE NUMBER OF TREES THAT HAVE DIED RECENTLY. USDA SECRETARY TOM VILSACK SAYS PINE AND SPRUCE BARK BEETLES HAVE KILLED TREES IN 42 MILLION ACRES OF FOREST SINCE 1996. NOW THE USDA SAYS IT'S GOING TO PUT TREES TO GOOD USE. ITS GIVING 10 MILLION DOLLARS TO A GROUP --LED BY COLORADO STATE TO RESEARCH HOW TO USE THE INSECT KILLED TREES IN THE ROCKIES TO CREATE ENERGY AND RENEWABLE BIOFUELS.



 

 

 

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
  
      
                                
                                                        
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                
 
                                 

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