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AgDay Daily Recap -March 20, 2014

March 20, 2014
 
 

TODAY ON AGDAY

MARCH 20, 2014

 

CALIFORNIA WATER:

GOOD MORNING I'M CLINTON GRIFFITHS. CALIFORNIA IS EASING RESTRICTIONS ON WATER ALLOCATIONS WHICH MAY HELP FARMERS...A LITTLE.

CALIFORNIA FALLOWED ACRES:

MEANWHILE, THE CALIFORNIA FARM WATER COALITION UPPED ITS ESTIMATE OF HOW MANY FARM ACRES WILL GO FALLOW THIS YEAR DUE TO DROUGHT. THE ORGANIZATION EXPECTS FARMERS WILL LEAVE 800-THOUSAND ACRES UN-PLANTED. THAT'S UP FROM THE HALF MILLION ACRES IN A PREVIOUS FORECAST. THIS ESTIMATE IS BASED ON SURVEYS FROM VARIOUS WATER DISTRICTS. THOSE DISTRICTS RELY ON WATER FROM THE STATE WATER PROJECT OR THE FEDERAL WATER PROJECT, WHICH PREVIOUSLY ANNOUNCED 'ZERO' ALLOCATIONS OF WATER THIS YEAR.

FLOOD LAWSUIT:

YEARS AFTER FLOODING INUNDATED THOUSANDS OF ACRES OF FARMLAND ALONG THE MISSOURI RIVER, A GROUP OF FARMERS AND LANDOWNERS ARE TAKING A STAND..FILING A FEDERAL LAWSUIT AGAINST THE ARMY CORP OF ENGINEERS. NATIONAL REPORTER TYNE MORGAN IS HERE WITH THE DETAILS.

CROP WATCH:

WHILE THE WESTERN U-S DEALS WITH DROUGHT, THE WESTERN CORN BELT IS ALSO EXPERIENCING DRYNESS. MIKE HOFFMAN HAS DETAILS IN CROPWATCH.

BEEF PRICES:

IN OUR BEEF TODAY REPORT, CATTLE MARKETS WERE MIXED WEDNESDAY. CATTLE FEEDERS AND PACKERS CONTINUE TO MAKE PROFITS..BOTH IN THE BLACK...INSPITE OF CHALLENGES FINDING CATTLE.

NORTH DAKOTA:

NORTH DAKOTA CATTLEMEN, KNEE DEEP IN MUD AND CALVING ARE BUCKING A NATIONAL TREND. ACCORDING TO THE STATE'S NASS OFFICE, BEEF COW NUMBERS GREW FOR THE SECOND STRAIGHT YEAR IN THE STATE. NORTH DAKOTA IS NOW THE 9TH LARGEST BEEF COW STATE...MOVING UP FROM 13TH IN 2010. PRODUCERS THERE HAVE ADDED MORE THAN 80-THOUSAND HEAD IN THE LAST TWO YEARS ALONE.

CATTLE ON FEED:

WE'LL FIND OUT HOW MANY OF THOSE CATTLE ARE MAKING THEIR WAY TO FEEDLOTS LATER THIS WEEK. THE U.S.D.A RELEASES ITS LATEST CATTLE ON FEED REPORT TOMORROW AFTERNOON. ANALYSTS ARE WATCHING PLACEMENTS TO SEE IF NUMBERS CONTINUE TO FALL DUE TO FEWER AVAILABLE CATTLE AND MORE HEIFER RETENTION. WEATHER OVER THE NEXT COUPLE OF MONTHS AND THE THREAT OF CONTINUED DROUGHT OUT WEST MAY PLAY A BIGGER ROLE IN THE NUMBER CATTLE SHIPPED TO FEEDERS.

MEETING:

IN AGRIBUSINESS..NEWLY MINTED FED CHAIR JANET YELLEN SPENT TIME WITH REPORTERS WEDNESDAY AFTERNOON.

ANALYSIS:

SO IS THE ECONOMY GROWING OR STAGNANT? WHAT IMPACT ARE OTHER COUNTRIES HAVING HERE AT HOME? FARM DIRECTOR AL PELL TAKES A LOOK AT THE MACROECONOMIC ISSUES FACING U.S. COMMODITY MARKETS IN THIS MORNING'S ANALYSIS.

SEED SURVIVOR:

AS EACH GENERATION PASSES, MORE AND MORE PEOPLE ARE FURTHER REMOVED FROM AGRICULTURE. AND LET'S BE HONEST - MANY AMERICANS HAVE NO CLUE AS TO WHERE THEIR FOOD COMES FROM. BUT THE EXHIBITS INSIDE A TRAVELING TRAILER COULD CHANGE ALL THAT - ONE SEED AND ONE CHILD AT A TIME.  IN THIS REPORT PROVIDED BY THE TEXAS FARM BUREAU, JESSICA DOMEL SHOWS HOW THEY ARE PLANTING KNOWLEDGE INSIDE A TEXAS CLASSROOM.

IMMIGRATION FACTS:

AND A NEW REPORT FROM A GROUP FOCUSED ON IMMIGRATION REFORM SUGGESTS U.S. GROWERS ARE STARTING TO LOSE OUT TO FOREIGN FARMERS--MOSTLY DUE TO A LACK OF LABOR.

CHERRY PRODUCTION:

THERE'S MIXED NEWS WHEN IT COMES TO LAST YEARS CHERRY CROP IN THE U-S. USDA RELEASED ITS PRELIMINARY ESTIMATES FOR BOTH SWEET AND TART CHERRIES FOR THE 2013 CROP SEASON. THE U-S SWEET CHERRY CROP WAS DOWN 22% FROM THE PREVIOUS YEAR. MUCH OF THAT CROP IS GROWN IN THE NORTHWEST WHICH EXPERIENCED COLD, BLUSTERY WEATHER DURING THE EARLY PART OF THE BLOOM. AND THEN, HEAVY RAINS IN JUNE AND JULY CAUSED SPLITTING OF THE FRUIT, WHICH MADE IT UN-MARKETABLE.

 

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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