Jul 24, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin

AgDay Daily Recap -February 21, 2013

February 21, 2013
 
 

TODAY ON AGDAY
FEBRUARY 21, 2013

FARM NUMBERS:

GOOD MORNING I'M CLINTON GRIFFITHS. THE NUMBER OF FARMS IN THIS COUNTRY CONTINUES TO SHRINK...BUT THE SIZE CONTINUES TO GROW.

CATTLE FARM NUMBERS:

WE CONTINUE OUR LOOK AT FARM NUMBERS IN OUR BEEF TODAY REPORT. ACCORDING TO USDA, THE NUMBER OF OPERATIONS WITH CATTLE IN 2012 WAS 915-THOUSAND. THAT'S DOWN ABOUT 1% FROM THE PREVIOUS YEAR. BEEF COW OPERATIONS MAKE UP THE MAJORITY OF THAT WITH 729-THOUSAND. MILK COW OPERATIONS WERE DOWN 3%.

SOUTHEAST CATTLE:

ACCORDING TO THE LATEST CATTLE INVENTORY REPORT, THE U.S. HERD CONTINUES TO MOVE NORTH AND WEST. A BIG REASON FOR THAT... FEED AVAILABILITY. AT THE CATTLE INDUSTRY MEETING IN A TAMPA FEW WEEKS AGO, I ASKED THE QUESTION WHAT IT WOULD TAKE TO SEE GROWTH EAST OF THE MISSISSIPPI.

CROP WATCH:

SNOW COVERED MUCH OF THE MIDDLE U.S. WEDNESDAY. AND IT CONTINUES IN PLACES TODAY. MIKE HOFFMAN HAS OUR FIRST LOOK AT FARM COUNTRY WEATHER IN THIS MORNING'S CROP WATCH.

NATIONAL PORK PRODUCERS COUNCIL:

THE NATIONAL PORK PRODUCERS COUNCIL IS ACCUSING THE E-P-A OF VIOLATING THE TRUST OF AMERICA'S PORK PRODUCERS. THE TRADE GROUP SAYS EPA RELEASED PERSONAL - AND POSSIBLY BUSINESS INFORMATION OF PORK PRODUCERS TO THREE ACTIVIST GROUPS, INCLUDING THE NATURAL RESOURCES DEFENSE COUNCIL. NPPC SAYS IT'S CONCERNED THESE GROUPS WILL USE THE CONFIDENTIAL INFO FOR WHAT THE TRADE GROUP LABELS AS AN "EXTREMIST AGENDA". AGDAY WAS UNABLE TO GET A RESPONSE FROM EPA.

SEQUESTER:

IN WASHINGTON, INDUSTRY GROUPS SAY AGRICULTURE IS BEING SET UP TO SHOULDER AN UNFAIR PROPORTION OF A SEQUESTER DEAL. THE SENATE BUDGET COMMITTEE IS SUGGESTING ELIMINATING DIRECT PAYMENTS AS A ONE-YEAR DELAY OF THE PLANNED SEQUESTRATION. THE PROPOSAL WOULD CUT 27 BILLION FROM AG SPENDING. THE AMERICAN SOYBEAN ASSOICATION SAYS ITS CONCERNED THAT AGRICULTURE IS THE ONLY NON-DEFENSE BUDGET SECTOR BEING CUT.

TAX TIPS:

A RECORD DROUGHT THAT PLAUGED MUCH OF THE U-S LAST SUMMER DESTROYED CROPS AND ENTIRE FIELDS. CROP INSURANCE BECAME AN IMPORTANT TOOL FOR MANY FARMERS. NOW WITH LAST MINUTE TAX WORK, HOW TO CLAIM THAT CROP INSURANCE CAN BE A TRICKY SITUATION. FARM TAX EXPERT CPA TALKS ABOUT IN OUR ONGOING SERIES OF TAX TIPS.

MONSANTO:

IN AGRIBUSINESS TODAY - IN TYPICAL SUPREME COURT SPEED, WE DON'T EXPECT THE HIGH COURT TO RULE ON THE MONSANTO PATENT CASE BEFORE SUMMER.

ANALYSIS:

CATTLE FUTURES AT THE CME FELL HARD WEDNESDAY. LIVE CATTLER WERE DOWN MORE THAN A DOLLAR WHILE FEEDERS WERE OFF NEARLY 3. IT'S BEEN A TOUGH MARKET THE LAST COUPLE OF WEEKS THANKS TO CONCERNS OVER DEMAND. AL PELL AND BOB UTTERBACK JOIN US FOR ANALYSIS THIS MORNING. BOB SAYS HOLD ON...THE LONGER TERM PROSPECTS ARE STILL GOOD.

VETS ON CALL:

NO MATTER THE AGE, SWINE HERDS REQUIRE A LOT OF ATTENTION TO KEEP THEM HEALTHY. THIS IS ESPECIALLY TRUE FOR FARROWING OPERATIONS. IN OUR REGULAR ON-GOING FEATURE SERIES WE CALL "VETS ON CALL", WE HEAR FROM A MINNESOTA VETERINARIAN WHO ENJOYS SPECIALIZING IN SWINE CARE. YOU CAN ALSO WATCH OTHER "VETS ON CALL" VIDEOS ON YOUTUBE. THE ADDRESS IS ON YOUR SCREEN. WE'D ALSO LIKE TO MENTION THAT ANIMAL HEALTH COMPANY ZOETIS - WHICH USED TO BE KNOWN AS PFIZER - FUNDED THE VETS ON CALL WEBISODES. OUR THANKS TO ESSEX TELEVISION FOR SHARING THE SPECIAL STORIES.

FLORIDA STONE FRUIT:

FLORIDA PRODUCES ABOUT 65% OF ALL CITRUS IN THIS COUNTRY. BUT IT'S ALSO TRYING TO BUILD-UP ITS STONE FRUIT PRODUCTION CAPABILITIES AS WELL.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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.

 

See Comments

RELATED TOPICS: Daily Recap

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Legacy Newsletter

Hot Links & Cool Tools

    •  
    •  
    •  
    •  
    •  
    •  
    •  

facebook twitter youtube View More>>
 
 

Follow Us

Facebook Twitter You Tube
 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions