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AgDay Daily Recap -March 6, 2013

March 6, 2013
 
 

TODAY ON AGDAY

MARCH 6, 2013

 

MIDWEST SNOW:

GOOD MORNING I'M CLINTON GRIFFITHS. ANOTHER WINTER SNOWSTORM IS BLASTING THROUGH THE MIDWEST WITH ITS SIGHTS SET ON THE EASTERN SEABOARD.

CROP WATCH:

THE STORM IS MAKING TRAVEL DIFFICULT THROUGH A LARGE SWATH OF THE MIDWEST. HERE'S MIKE HOFFMAN WITH CROPWATCH.

WINTER WHEAT CONDITONS:

NOT THIS CURRENT WEATHER MAKER, BUT TWO PREVIOUS SNOWSTORMS BROUGHT AN ABUNDANCE OF SNOW TO THE CENTRAL PLAINS AND THE PRIMARY WHEAT BELT. THAT ADDITIONAL MOISTURE - WHILE FAR FROM ENOUGH TO BREAK A DROUGHT - PUSHED WHEAT PRICES DOWN IN THE PAST WEEK.

SPRING WEATHER:

WITH PLANTING SEASON NEARING, SPRING WEATHER SPRING WEATHER MAY MAKE OR BREAK THE 2013 CROP. BOB ELLISON TAKES A LOOK AT THE LONG RANGE FORECAST IN THIS REPORT FROM USDA.

NEW CROP:

OVER THE PAST FEW WEEK'S WE'VE BEEN HIGHLIGHTING THE NEXT GENERATION AMERICAN FARMER. BUT THE NEW CROP OF FARMING DOESN'T ALWAYS MEAN FRESH OUT OF COLLEGE. AGDAY NATIONAL REPORTER TYNE MORGAN INTRODUCES US TO A MICHIGAN FARMER WHOSE GREEN EXPERIENCE IS TURNING INTO GREEN REVENUES ON THE FAMILY OPERATION.

DOW RECORD:

IN AGRIBUSINESS TODAY - U.S. STOCKS ARE SHAKING OFF SEQUESTER CONCERNS. THE DOW JONES INDUSTRIAL AVERAGE HIT A NEW ALL-TIME HIGH TUESDAY. IT TOPPED 14-THOUSAND 200-- UP MORE 100 POINTS. THE DOW HAS BEEN FLIRTING WITH THE RECORD FOR SEVERAL DAYS NOW. THE PREVIOUS MARK CAME IN OCTOBER OF 2007.

CME HOURS:

AND IN GRAIN TRADE, THE CHICAGO MERCANTILE EXCHANGE SAYS IT'S REDUCING GRAIN AND OILSEED TRADING HOURS FROM THE CURRENT 21-HOUR DAY.  THE NEW ELECTRONIC TRADING HOURS WILL BE SUNDAY THROUGH FRIDAY 7 P.M. TO 7:45 A.M. CENTRAL STANDARD TIME.  THERE WILL BE A BREAK IN ELECTRONIC TRADING FROM 7:45 TO 8:30 A.M.  THEN, THE FLOOR AND CME TRADING WILL RESUME FROM 8:30 A.M. TO 1:15 P.M. DURING THE WEEK.  THE NEW HOURS WILL TAKE EFFECT APRIL 8TH.

ANALYSIS:

AS AMERICAN'S PREPARE TO BEGIN PLANTING, IN THE SOUTHERN HEMISPHERE, CROPS ARE ALREADY COMING IN. INSPITE OF RECORD PREDICTIONS FOR BRAZIL, OTHER ISSUES ARE SLOWING DOWN HARVEST. I SPOKE WITH ALAN BRUGLER LAST WEEK AT COMMODITY CLASSIC HE SAYS THESE ISSUES MAY HAVE IMPACT ON EXPORTS.

CRAWFISH:

WHEN YOU THINK OF LOUISIANA, WHAT TYPE OF FOOD COMES TO MIND? MOST OF US THINK CAJUN AND A STAPLE OF THAT DIET IS CRAWFISH. LIVE OR BOILED, THEY'RE SURE TO BE EATEN. CRAWFISH IS ESPECIALLY POPULAR THIS TIME OF YEAR DURING LENT. TOBIE BLANCHARD WITH THE LSU AGCENTER EXPLAINS WHY RAIN IN 2012 IS HELPING HARVEST IN 2013. THE LOUISIANA CRAWFISH INDUSTRY HAS A VALUE OF MORE THAN 200 MILLION DOLLARS. THE AGCENTER SAYS COMMERCIAL SALES OF CRAWFISH DATE BACK TO THE LATE 1800S.

JUNKFOOD JUNKIES:

IN FOOD AND YOUR FAMILY, THERE COULD BE ONE PERSON TO BLAME FOR THE CONSTANT THE URGE TO EAT ANYTHING UNHEALTHY FOR YOU. YOUR MOM.

BEDTIME EXERCISE:

DESPITE SEVERAL WARNINGS ABOUT EXERCISING RIGHT BEFORE BED HAMPERING GOOD REST, SLEEP EXPERTS SAY IT'S OKAY. THE 2013 SLEEP IN AMERICA POLL SHOWS PEOPLE WHO EXERCISE REPORT SLEEPING BETTER, NO MATTER WHAT TIME OF DAY. THOSE WHO GET THEIR RECOMMENDED PHYSICAL ACTIVITY IN FOR THE DAY ALSO REPORT FEELING MORE WELL RESTED THAN THOSE WHO SKIMP ON EXERCISE. OUT OF THE THOUSAND PEOPLE WHO ANSWERED THE POLL, ONLY 3% OF LATE NIGHT EXERCISERS SAY THEY SLEPT WORSE.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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