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AgDay Daily Recap -April 9, 2013

April 9, 2013
 
 

TODAY ON AGDAY

APRIL 9, 2013

 

COLD SNAP PLAINS:
EASTER IS OVER AND WE'RE TWO WEEKS INTO APRIL, YET ANOTHER WINTER STORM IS SETTING ITS SIGHTS ON THE GREAT PLAINS.

CROP WATCH:

THE COLD SNAP THAT HIT AT THE END OF MARCH DIDN'T PASS QUIETLY. ITS PRESCENCE IS SHOWING UP IN OKLAHOMA'S WHEAT FIELDS. MIKE HOFFMAN HAS DETAILS IN THIS MORNING'S CROP WATCH.

CROP PROGRESS:

IT'S WEEK TWO FOR USDA'S OFFICIAL CROP PROGRESS REPORT. THERE'S A SLIGHT IMPROVEMENT IN WINTER WHEAT CONDITIONS. 36% IS GOOD TO EXCELLENT. THAT'S A TWO POINT IMPROVEMENT FROM LAST WEEK. 34% IS FAIR. BUT AGAIN WEATHER THIS WEEK COULD PUT A CRIMP ON CROP CONDITIONS. VERY FEW CROPS HAVE PLANTING UPDATES AT THIS POINT.  COTTON IS 5% PLANTED...TWO POINS BEHIND AVERAGE. RICE IS 17% PLANTED. IT'S THREE POINTS BEHIND.  THERE'S NO NATIONAL FIGURES ON CORN PLANTING YET. USDA SAYS THAT REPORT COMES OUT NEXT WEEK.

HAY PRICES:

THERE APPEARS TO BE NO IMMEDIATE LET-UP IN THE PRICE OF HAY. USDA'S AGRICULTURAL PRICES REPORT SHOWS THE ALL-HAY PRICE AVERAGED 196-DOLLARS A TON. THAT'S 13-DOLLARS A TON HIGHER THAN A YEAR AGO OF THE TOP 27 PRODUCING STATES, COLORADO HAD THE HIGHEST ALL-HAY PRICE. LOOKING AT ALFALFA - IT'S AVERAGE PRICE IS TWO-HUNDRED-19 DOLLARS A TON, 19-DOLLARS HIGHER THAN A YEAR AGO.

DAIRY MEETING:

OUR PARTNERS AT DAIRY TODAY ARE COVERING THE NATIONAL DAIRY PRODUCERS CONFERENCE WHICH IS NOW UNDERWAY IN INDIANAPOLIS, INDIANA. THE EVENT IS HOSTED BY THE NATIONAL MILK PRODUCERS FEDERATION.

IMMIGRATION BILL:

CONGRESS RETURNS TO WASHINGTON THIS MORNING. THAT MEANS WE COULD SEE A NEW IMMIGRATION BILL BY THE END OF THE WEEK. THAT'S WHAT TWO SENIOR SENATORS TOUTED DURING THEIR ROUNDS ON NEWS PROGRAMS SUNDAY. NEW YORK'S CHARLES SCHUMER SAYS THE BIPARTISAN GROUP OF 8 HAVE RESOLVED ALL MAJOR ISSUES. INCLUDING STAUNCH DEBATE OVER A NEW GUEST WORKER PROGRAM. THE BILL INCLUDES AN EARNED PATHWAY TO CITIZENSHIP, BOLSTERING BORDER SECURITY, AND A GUEST WORKER PROGRAM FOR BOTH HIGH SKILL AND LOW SKILLED LABOR. THE HOUSE IS ALSO WORKING ON ITS OWN BILL.

FARM BILL:

AND WITH CONGRESS BACK IN WASHINGTON, LAWMAKERS MAY ATTEMPT TO TRY AGAIN ON ACCOMPLISHING A NEW FIVE YEAR FARM BILL. THAT PROCESS HAS BEEN SLOWED BY VARIOUS FISCAL AND POLITICAL UNCERTAINTY. NO OFFICIAL DATE HAS BEEN SET YET BY THE AG LEADERSHIP. BUT OUR PARTNERS AT AGRI-TALK RADIO TALKED WITH MARY KAY THATCHER WHO HANDLES POLICY ISSUES FOR AMERICAN FARM BUREAU. SHE THINKS THE SENATE AG COMMITTEE WILL BEGIN MARK-UP ON APRIL 22ND.

MISSOURI DRONES:

FROM THE BATTLE FIELD TO THE CORN FIELD, UN-MANNED AIRCRAFT ARE QUICKLY BECOMING A HIGH TECH TOOL WITH MANY APPLICATIONS. HOWEVER, THERE'S GROWING CONCERN THAT DRONES ARE INVADING PRIVACY. MISSOURI LEGISLATORS PASSED A BILL LAST WEEK THAT PUTS RESTRICTIONS ON AERIAL DRONE SURVEILLANCE.

AUSSIE DRONES:

MEANWHILE, AN ANIMAL RIGHTS GROUP IN AUSTRALIA PURCHASED A ROBOTIC DRONE TO MONITOR CATTLE OPERATIONS IN THAT COUNTRY. DROVERS CATTLE NETWORK IS REPORTING THE GROUP CALLED "ANIMAL LIBERATION" PLANS TO USE THE DRONE TO COLLECT EVIDENCE OF ANIMAL AUBSE. AN AUSTRALIA CATTLEMEN'S TRADE GROUP CALLS IT AN INVASION OF PRIVACY.

GLOBAL LIQUIDATION:

FORMER COMMODITY BROKERAGE, MF GLOBAL HAS GOTTEN THE COURTS PERMISSION TO LIQUIDATE ITS ASSETS. THAT WOULD PUT AN END TO THE 40 BILLION DOLLAR BANKRUPTCY THAT SHOCKED MARKETS BACK IN 2011...DUE IN PART TO BAD BETS ON FOREIGN DEBT. THE PLAN ALLOWS MF GLOBAL TO BEGIN PAYING BACK ITS CREDITORS.

ANALYSIS:

COMING OUT WEDNESDAY, USDA WILL RELEASE ITS MONTHLY SUPPLY-DEMAND NUMBERS. THE INDUSTRY IS WONDERING WHAT WILL HAPPEN THIS TIME AROUND. AS YOU MAY REMEMBER, THE LAST BIG REPORT FROM THE AG DEPARTMENT SHOWED A BIG JUMP IN THE AMOUNT OF CORN IN THE STOCKPILES. THAT SENT PRICES DOWN SHARPLY. FARM DIRECTOR AL PELL TAKES A CLOSER LOOK IN ANALYSIS.

BOLL WEEVIL:

THE BOLL WEEVIL HAS BEEN DESTROYING COTTON CROPS SINCE THE LATE 1800'S IN THIS COUNTRY. BUT AFTER DECADES OF WORK IN SCIENCE LABS AND DUSTY FIELDS, THE COTTON INDUSTRY HAS GOTTEN THE UPPER-HAND ON ITS OLD NEMESIS. BUT NOT COMPLETELY. EVEN THOUGH IT'S BEEN ERADICATED IN MUCH OF TEXCAS, THE BOLL WEEVIL IS STILL CAUSING PROBLEMS IN THE RIO GRANDE VALLEY. ED WOLFF HAS DETAILS IN THIS REPORT FROM THE TEXAS FARM BUREAU.

FOOD AID OVERHAUL:

IN FOOD AND YOUR FAMILY, ONE THING THE U.S. HAS SPENT A LOT OF MONEY ON OVER THE YEARS, IS INTERNATIONAL FOOD AID. HOWEVER, THERE ARE RUMBLINGS THAT THE CURRENT SYSTEM MAY GET AN OVERHAUL.

LOUISVILLE CHICKEN:

AND I DIDN'T STAY UP LAST NIGHT TO WATCH THE FINAL NCAA MEN'S BASKETBALL GAME.
BUT IF LOUISVILLE WON--IT'S HOME TOWN CHICKEN SHACK WILL BE FEEDING THE ENTIRE CAMPUS FOR FREE.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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