AgDay Daily Recap -Aug 15, 2014

August 15, 2014 02:57 AM
 

 

TODAY ON AGDAY
AUGUST 15, 2014
 
OPEN HEADLINES:
COMING UP TODAY ON AGDAY FARMLAND VALUES - SOME UP, SOME DOWN... WE'LL SORT IT OUT. I'M MICHELLE ROOK. THE U.S. TRADE REPRESENTATIVE TALKS TRADE IN IOWA... DETAILS FROM HIS VISIT TO THE IOWA STATE FAIR TODAY ON AGDAY… IN THE PROFARMER PROFIT BRIEFING....GETTING READY FOR THE ROAD... ALL OF A SUDDEN THE ATTENTION AND ANTICIPATION OF THE CROP TOUR WENT UP. AND HELPING YOUR CHILD'S FIRST TEACHER…YOU! AGDAY BROUGHT TO YOU BY THE ALL NEW CHEVY SILVERADO - THE 2014 NORTH AMERICAN TRUCK.
TRADE TALKS ROOK:
GOOD MORNING I'M BETSY JIBBEN. CLINTON GRIFFITHS IS ON ASSIGNMENT. TRADE AGREEMENTS WITH THE U.S. HAVE CONTINUED TO STAY ROCKY. WILL THE RECENT RUSSIAN BAN AGAINST U.S. AG PRODUCTS AFFECT OUR PRODUCERS AND LIFT PRICES? THAT'S OUR TOP STORY ON AGDAY.
FED BANK REPORTS:
 THERE ARE MIXED REVIEWS THIS MORNING FROM THE FEDERAL RESERVE BANK WHEN IT COMES TO LAND VALUES. SEVERAL DISTRICTS IN KEY AGRICULTURAL AREAS RELEASED THEIR QUARTER-LY REPORTS.
CALIFORNIA WATER:
THE WEST IS STILL STRUGGING THROUGH DROUGHT, BUT NOW CALIFORNIA VOTERS WILL SOON MAKE A DECISION WHICH COULD MAKE A DIFFERENCE IN WATER SUPPLIES.
CROP WATCH:
LET'S TURN NOW TO MIKE HOFFMAN WHO HAS YOUR FIRST LOOK AT FARM COUNTRY WEATHER. GOOD MORNING MIKE.
TEASE:
JUST AHEAD, OUR PARTNERS AT PROFARMER GEAR-UP FOR THE ANNUAL MIDWEST CROP TOUR. FIND OUT HOW YOU CAN BENEFIT FROM THEIR EFFORTS. PLUS, OUR GREAT AMERICAN BARN IS STANDING TALL IN THE PACIFIC NORTHWEST.
PROFIT BRIEFING:
IF YOU SEE A CARAVAN OF TRUCKS STOPPED BY YOUR FIELDS IN THE MIDWEST NEXT WEEK, THERE'S A GOOD CHANCE THEY ARE SCOUTS FROM THE PROFARMER MIDWEST CROP TOUR.
FOR MORE THAN 20 YEARS, OUR PARTNERS AT PROFARMER HAVE CONDUCTED THIS IN-DEPTH, IN-THE-FIELD, ANALYSIS OF THE NATION'S CORN AND SOYBEAN CROPS.
CROP TOUR MAPS:
SCOUTS WILL SET-OUT FROM COLUMBUS, OHIO ON MONDAY MORNING. OVER THE NEXT FOUR DAYS THEY'LL COVER PARTS OF THE EASTERN CORNBELT WITH A FINAL DESTINATION IN ROCHESTER, MINNESOTA. LIKEWISE, TEAMS OF SCOUTS WILL SET-OUT FROM SOUTH DAKOTA ON MONDAY AND TRAVEL THROUGH-OUT NEBRASKA, IOWA AND MEET-UP WITH THEIR COUNTERPARTS FROM THE EAST IN MINNESOTA. THERE, THEY'LL RELEASE THEIR OFFICIAL ESTIMATE OF THE CROP SIZE. IN TODAY'S PROFARMER PROFIT BRIEFING, CHIP FLORY AND BRIAN (GRADY) GRETE DISCUSS THE ANTICIPATION OF THIS YEARS RESULTS.
PROFIT BRIEFING:
PROFARMER MIDWEST CORP TOUR GETS UNDER WAY ON AUGUST 18TH AND WE'VE GOT A RECORD NUMBER OF SCOUTS BRIAN THAT ARE GOING TO BE OUT THERE WITH US ON THE WESTERN LEG OF THE TOUR AND THE EASTERN LEG OF THE TOUR AFTER WE GOT THE USDA REPORT OUT ON AUGUST 12TH ALL OF THE SUDDEN THE ATTENTION AND ANTICIPATION OF THE CROP TOUR REALLY WENT UP WHY DO YOU THINK THAT IS. WELL YOU KNOW USDA GAVE US THAT YOU KNOW RECORD CROP RECORD YIELD AND NOW THEY WANT TO SEE IF WE CAN IF WE FIND THE SAME THINGS WHEN WERE OUT THERE IN THE FIELD AND QUIET HONESTLY BEHIND USDA WE HAVE THE SECOND MOST SURVEYED SAMPLES THAT ARE COLLECTED IN THE INDUSTRY. EXACTLY AND YOU KNOW I THINK MAYBE THE MARKET WAS JUST A LITTLE BIT SURPRISED THAT USDA DIDN'T GO AHEAD AND MAKE THAT BIG MOVE UP TO 170 BUSHELS PER ACRE AND THE GUYS ARE REALLY WONDERING NOW IS THERE ENOUGH JUICE IN THIS CORN CROP TO GET IT UP TO 170 BUSHELS PER ACRE INTERESTING COMMENTS THAT I'M HEARING TO IS THAT THE GUYS AND WHEN I SAY THE GUYS I MEAN THE GUYS THAT WATCH IN THE TOUR THE GUYS THAT PARTICIPATE IN THE TOUR BUT EVEN THEN NONE AG COMMUNITY THE HEDGE FUNDS THE THE SPECULATIVE TRADERS AND EVERYTHING ARE REALLY FOCUSED ON DAY 2 AND DAY 3 OF THE TOUR WHY DO YOU THINK THAT IS. WELL I CAN TELL YOU FROM MY END OF THINGS YOU KNOW GOING THROUGH THE EASTERN SIDE OF THINGS IT WILL BE THE DAYS THAT WERE IN INDIANA AND ILLINOIS AND THEN GOING INTO IOWA SO YOU KNOW YOU'RE TALKING ABOUT THE 3 BIG I STATES AND THEN ON YOUR SIDE OF THE TOUR YOUR TRANSITIONING FROM EASTERN NEBRASKA INTO WESTERN IOWA AND YOU KNOW SO WERE TALKING ABOUT SOME PRETTY BIG PRODUCTION AREAS YEA AND LET'S NOT FORGET ABOUT DAY 4 DAY 4 THROUGH THE EASTERN TWO THIRDS THROUGH IOWA AND SOUTHERN MINNESOTA THAT IS GOING TO BE A VERY IMPORTANT CHUNK OF THE CORN BELT THIS YEAR. YEA AND WHEN WE GET ABOVE HIGHWAY 20 IN EASTERN IOWA UP IN SOUTHERN MINNESOTA THAT'S THE AREA THAT WAS DELAYED THE AREA WHERE CROPS ARE PROBABLY FURTHER BEHIND THEN OTHER AREAS AND WHERE IT'S GOING TO TAKE SOME EXTRA TIME AND IN SOME OF THOSE CASES MAY EVEN A LITTLE BIT LATER THAN NORMAL FROST DATE. REAL QUICK HOW DO WE US THE DATA. WELL YOU KNOW IT ISN'T A COMPARISON OR CONTRAST TO WHAT USDA DOES AS OF AUGUST 1. DON'T DO IT. WE DO DO SOME COMPARE AND CONTRAST BUT YOU KNOW IT'S IT’S NOT IT'S TOUR VERSUS TOUR SO THAT'S THE BEST WAY YOU KNOW WHAT HAVE WE DONE IN THE PAST WHAT'S THE 3 YEAR AVERAGE WHAT WAS LAST YEAR'S AVERAGE SO ON AND SO FORTH AND USE THAT TOUR VERSUS TOUR. YEA AND IF YOU ARE GOING TO COMPARE CROP TOUR YIELD RESULTS ON CORN TO USDA PLEASE ON A PERCENTAGE CHANGE BASIS WHAT THE PERCENTAGE CHANGE IS FROM LAST YEAR'S TOUR TO THIS YEAR'S TOUR AND THE PERCENTAGE FROM LAST YEAR STATE YIELD FROM USDA TO THIS YEAR'S STATE YIELD FROM USDA ALRIGHT STAYED EVERYBODY A LOT OF INFORMATION FROM THE PROFARMER MIDWEST CROP TOUR FOR BRIAN GRETE AND ALL THE EDITOR AT PROFARMER IN CEDAR FALLS IOWA I'M CHIP FLORY.
WX:
AND WERE BACK WITH METEOROLOGIST MIKE HOFFMAN…NOW MIKE IT SEEMS A LITTLE COOL NOW AND MOST OF THE CORN BELT WILL WE START THESE TEMPS WARM UP BEFORE FALL IT ACTUALLY DOES LOOK LIKE WE'RE GOING TO INTO A WARMER PERIOD HERE NOW WARMER MEANS SOMETHING CLOSER TO NORMAL NOT EXACTLY REAL HOT SO WILL BE TAKING A LOOK AT THE WEATHER MAP HERE AND YOU CAN SEE THE EASTERN CORN BELT ACTUALLY YOU'RE STILL COOLING DOWN BECAUSE THAT IS A PRETTY CHILLY AIR MASS FOR THIS TIME OF THE YEAR MOVING THROUGH EASTERN LAKES IN THE MID-ATLANTIC AND THAT I WILL CONTINUE TO DOMINATE YOU A FOR ANOTHER COUPLE OF DAYS THAT SEE THE WARM FRONT IN THE CENTRAL PLAINS THAT'S GOING TO BE THE BEGINNING OF SOME WARMER AND MORE HUMID AIR SPREADING SLOWLY TOWARD THE EAST NOW IT IS NOT GOING TO BLAST NORTHEASTWARD SO ITS GOING TO BE COOL MUCH OF THE CENTRAL AND EASTERN CORN BELT FOR THE NEXT COUPLE OF DAYS SO LET'S PUT THE MAPS IN TO MOTION INTO THE HIGH-PRESSURE MOVING THROUGH THE LOWER GREAT LAKES STORM SYSTEM STILL ROTATING A OVER EASTERN CANADA THAT'S THE SAME SYSTEM THAT'S BEEN CAUSING ALL THE RAIN THIS ENTIRE WEEK FOR THE GREAT LAKES IN MANY PARTS OF THE EAST BUT THAT IS NOW FINALLY STARTING TO GET AWAY IS STILL SOME SCATTERED SHOWERS IN NEW ENGLAND STATIONARY FRONT FLORIDA WILL BE THE FOCUS OF SOME SHOWERS AND THUNDERSTORMS AND YOULL NOTICE SOME SHOWERS AND THUNDERSTORMS DEVELOPING ACROSS THE NORTHERN AND CENTRAL PLAINS ALONG THE WARM IN THE COLD FRONTS WITH SPOTTY HIT AND MISS ACTIVITY OUT TO THE WEST TAKE A LOOK AT TONIGHT ACTIVITY CONTINUES MAINLY ALONG THIS WARM FRONT AND AROUND THE AREA OF LOW PRESSURE IN THE NORTH-CENTRAL PLAINS AND I WILL BE SOME AREAS OF SHOWERS AND THUNDERSTORMS THERE HEADING THROUGH THE DAY TOMORROW THEN YOU CAN SEE THE WARM FRONT ISN'T EXACTLY BLASTING NORTHWARD AND IN FACT WE HAVE SOME COOL AIR COMING IN BEHIND THE SECONDARY FRONT COMING INTO THE INTO THE NORTHERN GREAT LAKES THIS ISN'T REAL COLD AIR THOUGH LIKE THIS LAST ONE SO WE ACTUALLY EXPECTED TO BE MILD BEHIND THIS COLD FRONT BUT IT WILL KEEP THE SHOWERS AND THUNDERSTORMS OUT OF THE NORTHERN PARTS OF THE GREAT LAKES AS WE ENTER THE SECOND HALF OF THE WEEKEND BUT THIS COULD BE A FAIR WET PERIOD HERE STARTING SATURDAY NIGHT FROM A LETS SAY IOWA ACROSS THE LOWER GREAT LAKES INTO PARTS OF THE OHIO VALLEY AND AS WE HEAD THROUGH THAT TIME COULD BE A FAIR AMOUNT OF RAIN OVER A COUPLE OF DAY PERIOD THERES THE PAST 24 HOURS ADDING ON THE NEXT 36 YOU CAN SEE PRECIPITATION AMOUNTS DO INCREASE ACROSS NORTH-CENTRAL PLAINS IN FLORIDA GETTING ALL BUNCH OF MOISTURE AS WELL TEMPERATURES THE HEAT CONTINUES FOR OKLAHOMA AND TEXAS THAT'S NORMAL FOR THIS TIME OF YEAR STILL COOLER THAN NORMAL FOR THE GREAT LAKES OHIO VALLEY AND THE NORTHEAST AND THAT CONTINUES TONIGHT WITH SOME OF 50S AND 60S SHOWING UP ONCE AGAIN AND WELL SEE THAT THEY CONTINUE AS WE HEAD INTO THE EARLY PART OF THE WEEKEND AS WELL STARTING TO WARM UP A LITTLE BIT ON THE NORTHERN PLAINS IN THE SOUTH WESTERN GREAT LAKES THERES THE JET STREAM YOU CAN SEE THE TROUGH STILL CUT OFF IN THE EASTERN PORTIONS OF CANADA SLOWLY MOVING EASTWARD LITTLE PIECES OF TROUGHS COMING INTO THE GREAT LAKES IN THE EAST SO YOU CAN SEE WHAT THE JET STREAM TRAVELING FARTHER NORTHWARD IT IS GOING TO WARM UP ACROSS THE CORN BELT AS WE HEAD THROUGH THE NEXT WEEK THATS A LOOK ACROSS THE COUNTRY NOW LETS TAKE A LOOK AT SOME LOCAL FORECASTS FIRST OF ALL WE HEAD TO BILLINGS MONTANA VARIABLY CLOUDY THERE IS A CHANCE OF AN AFTERNOON THUNDERSTORM HEIGHT 89 MCALLISTER OKLAHOMA LOST TO A SUNNY HOT HUMID HIGH UP TO 92 HOPE LAKE MICHIGAN MOSTLY SUNNY AND QUITE PLEASANT THE AFTERNOON HIGH JUST 73
ITC PARENTS AS TEACHERS:
A NEW SCHOOL YEAR IS NOW STARTING IN MANY COMMUNITIES. BUT A CHILD'S FIRST REAL TEACHER ISN'T IN A SCHOOL, BUT AT HOME. IT'S THEIR PARENT. IN TENNESSEE, THE EXTENSION TRAINS ADULTS IN A PROGRAM CALLED "PARENTS AS TEACHERS". IN THIS REPORT FROM THE U-T INSTITUTE OF AGRICULTURE, CHUCK DENNEY TELLS US IT'S AN EFFECTIVE WAY TO PREP KIDS FOR THEIR FIRST DAY OF KINDERGARTEN.
GRAB OREGON:
THERE IS MAGNIFICENT BARNS THROUGH-OUT THIS COUNTRY OF OURS. TODAY OUR GREAT AMERICAN BARN TOUR TAKES US TO THE PACIFIC NORTHWEST. HERE'S AL PELL.
GRAB TAG:
WE THANK "RESTORE OREGON" FOR SHARING THE PHOTOS. THEY'LL BE HOSTING A WORKSHOP IN SEPEMBER FOR PEOPLE INTERESTED IN RESTORING BARNS. GO TO THEIR WEBSITE FOR DETAILS.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. STATION PROMO: MONDAY ON AGDAY - IT APPEARS THERE'S A RECORD-SIZED CORN CROP. BUT WE'LL VISIT ONE STATE WHERE FARMERS ARE NOT AS OPTIMISTIC. AND MACHINERY PETE WILL BE HERE WITH SOME OF THE BEST EQUIPMENT DEALS AROUND. JOIN US WEEKDAYS FOR AGDAY.
RFD PROMO:
FRIDAY ON AGDAY - CROP SCOUTS PREPARE FOR A MAJOR INSPECTION OF MIDWEST CROPS...ALL OF A SUDDEN THE ATTENTION & ANTICIPATION OF THE CROP TORU WENT-UP. PLUS THE NATION'S TOP TRADE OFFICIAL TALKS ABOUT RUSSIAN SANCTIONS WITH AGDAY.
WATCH US EIGHT EASTERN ON RFD.
 
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