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AgDay Daily Recap -May 16, 2013

May 16, 2013
 
 

TODAY ON AGDAY

MAY 16, 2013

 

FARM BILL:

GOOD MORNING I'M TYNE MORGAN IN FOR CLINTON GRIFFITHS. MEMBERS OF THE HOUSE AGRICULTURE COMMITTEE INVOKED SCRIPTURE AND THE WORD OF GOD AS THEY DEBATED ELEMENTS OF THE FARM BILL.

DAIRY VOTE:

MEANWHILE THE DAIRY ELEMENT OF THE HOUSE FARM BILL ALSO BROUGHT OUT SOME VOCAL DEBATE. THE COMMITTEE VOTED AGAINST AN AMENDMENT WHICH WOULD HAVE CUT THE "SUPPLY MANAGEMENT" ASPECT OF THE DAIRY SECURITY ACT.

FOOD AID:

AS IT STANDS RIGHT NOW NEITHER BILL INCLUDES A PROPOSAL WHICH WOULD CHANGE HOW THE U-S SENDS FOOD AID OVERSEAS. LAST MONTH THE WHITE HOUSE RELEASED A PROPOSAL WHERE CASH PURCHASES WOULD BE MADE ABROAD, INSTEAD OF BUYING IN THIS COUNTRY. BOTH AGRICULTURE COMMITTEE CHAIRS HAVE COME OUT AGAINST THE PROPOSAL.

WATER RESOURCES DEVELOPMENT ACT:

THE WATER RESOURCES DEVELOPMENT ACT PASSED IN THE SENATE TODAY. THE MEASURE PASSED WITH AN 83 TO 14 VOTE. THE LEGISLATION ALLOWS FOR NEW PROJECTS FOR FLOOD PROTECTION, PORT IMPROVEMENTS AND IMPROVEMENTS TO THE NATION'S LOCK AND DAMS. MEANWHILE, THE NATIONAL CATTLMEN'S ASSOCIATION WAS DISSATISFIED AN AMENDMENT TO THE ACT WASN'T APPROVED. THE AMENDMENT, INTRODUCED BY SENATOR JOHN BARRASSO, A REPUBLICAN FROM WYOMING, WOULD HAVE PREVENTING THE EPA AND ARMY CORPS OF ENGINEERS FROM FINALIZING THE CLEAN WATER ACT JURISDICITONAL GUIDANCE DOCUMENT. THE ASSOCIATION SAYS IT WILL HAVE A NEGATIVE AFFECT ON FARMERS AND RANCHERS, AS IT ATTEMPTS TO FEDERALIZE ALL WATERS. WITHOUT A CLEAR CUT ANSWER ON EXACTLY WHAT WATERS WILL BE UNDER FEDERAL JURISDICTION, EPA COULD CLAIM ANY BODY OF WATER AS FEDERAL. NCBA SAYS THIS MEANS CATTLEMAN COULD BE FORECED TO APPLY FOR PERMITS TO DO EVERY DAY TASKS, SUCH AS CLEANING OUT DITCHES.

COTTON:

AS WE MENTIONED YESTERDAY, THE LATEST USDA CROP PROGRESS REPORT SHOWS COTTON PLANTING IS BEHIND. LOUISIANA'S COTTON FARMERS HAVE 29% OF THEIR CROP PLANTED. THAT'S 62% POINTS BEHIND LAST YEAR AND 52 BELOW NORMAL. AS LSU AGCENTER'S TOBIE BLANCHARD TELLS US, FARMERS HAVE LESS ACRES TO PLANT THIS YEAR AS THAT CROP IS NO LONGER KING.

CROP WATCH:

CROPWATCH THIS MORNING TAKES US FROM VIRGINIA TO MONTANA. MIKE HOFFMAN HAS DETAILS FROM THE AGDAY WEATHER-CENTER.

LAND VALUES:

HIGH FEED AND FORAGE PRICES CONTINUE TO LIMIT PROFITABILITY AMONG LIVESTOCK PRODUCERS. THAT'S ACCORDING TO THE FEDERAL RESERVE BANK OF KANSAS CITY'S QUARTERLY SURVEY. THAT REGION COVERS STATES LIKE COLORADO, KANSAS, OKLAHOMA AND NEBRASKA. THE REPORT SHOWED FARM INCOME IS SLOWING DUE TO FALLING CROP PRICES. THE REPORT SAID THE LOWER CROP PRICES COULD HELP RESTORE THE LIVESTOCK SECTOR LATER THIS YEAR.

EQUIPMENT SALES:

IN AGRIBUSINESS, EQUIPMENT MANUFACTURERS CONTINUE TO SEE A BOOST, NOT ONLY IN THE U-S, BUT WORLDWIDE.

ANALYSIS:

IN THE BUSINESS OF COMMODITY MARKETS, NEW TOOLS COME WITH A PRICETAG. IN TODAY'S ANALYSIS, AL PELL TALKS TO MIKE FLOREZ TO SEE HOW ANYONE CAN GET A CASH-NEUTRAL DEAL ON OPTIONS.

TEXAS SALSA:

SALSA IS A STAPLE OF TEXAS CUISINE. EVERYONE HAS THEIR FAVORITE, AS LONG AS IT'S MADE IN THE LONE-STAR STATE. FOR MARY MOORE IT'S THE ONE MADE IN HER OWN KITCHEN. JESSICA DOMEL WITH THE TEXAS FARM BUREAU CONDUCTS A TASTE-TEST OF MOORE SALSA.

TOMATO BREEDING:

A NEW TOMATO VARIETY DEVELOPED AT THE UNIVERSITY OF FLORIDA'S INSTITUTE OF FOOD AND AGRICULTURAL SCIENCES IS SEEING SUCCESS WITH BOTH CONSUMERS AND FARMERS. THE VARIETY CALLED TASTI-LEE CAN PRODUCE HIGH YIELDS AND CONSISTENT FLAVOR UNDER A WIDE RANGE OF GROWING CONDITIONS. JAY SCOTT IS A TOMATO BREEDER CONDUCTING SOME OF THE RESEARCH.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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