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AgDay Daily Recap -October 8, 2013

October 8, 2013
 
 

TODAY ON AGDAY

OCTOBER 8, 2013

 

GOVERNMENT SHUTDOWN:

GOOD MORNING I'M CLINTON GRIFFITHS. AS A GOVERNMENT SHUTDOWN STRETCHES INTO WEEK TWO, NOW THE USDA SAYS IT WON'T BE RELEASING IT'S OCTOBER CROP PRODUCTION REPORT. NOT HAVING TIMILY DATA IS LIKELY TO IMPACT COMMODITY AND FUTURES MARKETS. THE LACK OF DAILY USDA DATA IS ALREADY SLOWING DOWN TRADE IN THE LIVESTOCK MARKETS - MAKING IT HARDER TO REACH CASH SETTLEMENTS FOR LEAN HOGS AND FEEDER CATTLE. MEANWHILE, USDA'S WEBSITE REMAINS DARK.

NO WASDE REPORTS:

ON MONDAY THE USDA CONFIRMED IT IS INDEED POSTPONING IT'S WORLD AGRICULTURAL SUPPLY AND DEMAND ESTIMATES REPORT. IT WAS SET FOR RELEASE THIS FRIDAY.

CROP PROGRESS:

ALSO IMPACTED...THE WEEKLY CROP PROGRESS REPORT.THOSE NUMBERS ARE TYPICALLY RELEASED MONDAY AFTERNOONS.

DAIRY REPORTS:

YOU MAY REMEMBER USDA STOPPED GENERATING A MONTHLY DAIRY PRODUCTION REPORT DUE TO THE SEQUESTER. BECAUSE OCTOBER FIRST BEGAN A NEW FISCAL YEAR, THAT REPORT WOULD SUPPOSED TO START-UP AGAIN. THAT REPORT SHOWS HOW MANY DAIRY COWS ARE IN PRODUCTION AND THEIR OUTPUT. BUT THAT REPORT IS ON-HOLD. AND UNLESS THE ADMINISTRATION AND CONGRESS REACH A DEAL, OTHER REPORTS - LIKE CLASS MILK PRICES - WON'T BE ISSUED EITHER.

E VERIFY:

ALSO THE INTERNET-BASED E-Verify system ALSO WENT DARK. THAT SYSTEM ALLOWS MILK PRODUCERS AND OTHER FARMERS TO CHECK ON WHETHER JOB APPLICANTS MAY LEGALLY WORK IN THE U-S. E-VERIFY IS RUN BY THE DEPARTMENT OF HOMELAND SECURITY AND THE IMMIGRATION DEPARTMENT. BUT IT'S USED BY MANY OTHER AGENCIES.

AVMA IMPACT:

MEANWHILE, A LOBBY GROUP REPRESENTING THE NATION'S VETERINARIANS IS WORRIED THE SHUTDOWN WILL IMPACT PRODUCERS' ABILITY TO GET VACCINES TO PROTECT THEIR HERDS. THE AMERICAN VETERINARY MEDICAL ASSOCIATION SAYS THE WELFARE OF LIVESTOCK PRODUCTION IS AT RISK. AVMA SAYS THE COUNTRY CANNOT GUARD AGAINST DISEASE OUTBREAKS WITHOUT PROPER STAFFING. ALSO, THE ORGANIZATION SAYS MOST FOOD PRODUCING COMPANIES ONLY HOLD A COUPLE WEEKS WORTH OF MAJOR VACCINES. AND THEY RELY ON USDA'S CENTER FOR VETERINARY BIOLOGICS TO RELEASE NEW SUPPLIES.

SOUTH DAKOTA DEATHS:

THE RECORD SETTING OCTOBER BLIZZARD THAT STRETCHED ACROSS THE NORTH PLAINS LATE LAST WEEK, WAS DEVASTING FOR MANY CATTLEMEN. ACCORDING TO THE SOUTH DAKOTA STOCKGROWERS, MORE THAN 5 PERCENT OF CATTLE IN THE WEST RIVER AREA MAY HAVE BEEN KILLED. OTHER RANCHERS IN THE BLACK HILLS REPORT LOSSES OF 20 TO 50 PERCENT OF THE HERD. WHILE OTHERS CONTINUE TO SEARCH FOR CATTLE WINDS OF 60 MILES PER HOUR OR MORE BLEW THROUGH PASTURES. NOW LET'S CHECK IN WITH METEOROOGIST MIKE HOFFMAN FOR THIS MORNING'S CROPWATCH. WEATHER IT WAS SNOW OR RAIN, MANY MIDWEST FARMERS HAD TO PARK THEIR COMBINES, RIGHT MIKE?
CROP WATCH:

THAT'S TRUE CLINTON. A FARMER IN CHARLEVOIX, MICHIGAN SAYS CORN IS STILL TOO WET FOR HARVEST, AND THE WEEKEND'S TWO INCH RAIN DIDN'T HELP THAT SITUATION. A FARMER FROM COLES COUNTY ILLINOIS TELLS AGWEB, WATER DAMAGE TO CORN AND BEANS REALLY CUT INTO YIELDS. THE LATE SUMMER DROUGHT KILLED CORN BEFORE IT MATURED AND SOYBEANS HAVE FALLEN FLAT. COOL DAMP WEATHER IS MAKING HARVEST EVEN MORE OF A CHALLENGE. EAST CARROLL PARISH, LOUISIANA, COTTON YIELDS HAVE BEEN EXCELLENT. SOME NEIGHBORS PICKED CLOSE TO 1600 POUNDS OF LINT AN ACRE. NOT BAD FOR DRY LAND.
CATTLE SIZE:

AS THE NATIONAL CATTLE HERD SHRINKS FEEDERS AND PROCESSORS ARE PUSHING TO MAKE UP LOST TONNAGE. IN THE LAST FEW YEARS, BETA-AGONISTS LIKE ZILMAX HAVE HELPED FILL IN THE GAP...HELPING ADD 20-30 EXTRA POUNDS. BUT WITH CATTLE HEADING FOR THE RAIL AT 15 OR 16-HUNDRED POUNDS, MANY WONDER IF THERE'S AN UPPER LIMIT. IN OUR EXCLUSIVE INTERVIEW, I ASKED K-STATE'S DR DAN THOMSON HOW THAT EXTRA WEIGHT MAY PLAY A ROLL IN ANIMAL MOBILITY ISSUES.
COTTON PRICES:

IN AGRIBUSINESS..COTTON PRICES FELL BACK ON MONDAY. OCTOBER COTTON FUTURES DROPPED MORE THAN 3 DOLLARS IN CHICAGO. JUST LAST WEEK, PRICES JUMPED AS A TROPICAL STORM THREATENED MAJOR COTTON GROWING STATES IN THE SOUTH. AFTER WEAKENING THE IMPACT FROM THE STORM APPEARS TO BE MINIMAL. OCTOBER FUTURE'S PRICES HAVE FALLEN SOME TEN DOLLARS SINCE MID AUGUST.

FJ PULSE STORAGE:

A SURPRISING NUMBER FROM OUR FRIENDS OVER AT FARM JOURNAL. THEIR WEEKLY PULSE SURVEY ASKED PRODUCERS ABOUT THEIR PLANS TO STORE GRAIN IN 2013.

ANALYSIS:

SO WHAT IS THE MARKET SAYING? AL PELL ASKS THE STORAGE QUESTION FROM THE AGRIBUSINESS DESK IN THIS MORNING'S ANALYSIS. AL?

FOOD INCUBATOR:

DO YOU HAVE A GREAT IDEA FOR A BUSINESS. PERHAPS IT'S A HOMECOOKED RECIPE, THAT YOU JUST KNOW COULD BE A BIG SUCCESS. . .IF YOU GOT THE RIGHT BREAKS? A GROWING NUMBER OF STATE EXTENSION PROGRAMS ARE CREATING BUSINESS INCUBATORS TO HELP THOSE GREAT IDEAS REALLY TAKE OFF. IN LOUISIANA THE LSU INCUBATOR OFFERS KITCHEN SPACE, PROFESSIONAL GUIDANCE AND LARGE-SCALE EQUIPMENT. AGCENTER CORRESPONDENT TOBIE BLANCHARD VISITED THE KITCHEN AND CLIENTS.

OHIO STATE GARDEN:

IT SEEMS A GROWING NUMBER OF GARDENS ARE POPPING-UP ON THE ROOF OF BUILDINGS.

RED WINE CANCER:

ENJOY RED WINE AND FIGHT CANCER. THAT'S THE LINK A NEW STUDY OUT OF THE U-K SUGGESTS.

 

 

 

 

 
 
 
 
 
 
 
  
  
      
                                
                                                        
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                                
 
                                 

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