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AgDay Daily Recap -November 7, 2012

November 7, 2012
 
 

TODAY ON AGDAY
NOVEMBER 7, 2012

2 BILLION DOLLAR CAMPAIGN:

Good morning I’m Clinton Griffiths. While most of us slept, Election Day 2012 continued well into the night. And while not all races maybe settled, one thing is certain - this campaign season will go down in the record books.

USDA HURRICANE SANDY RESPONSE:

More than a million people in New York and New Jersey remain without power - more than a week after Superstorm Sandy slammed into the region.

SUGARCANE:

Hurricane Isaac which moved thru Louisiana in late August caused some concern for the sugarcane crop. But apparently the damage was minimal.

CROP WATCH:

While much of the Midwest, Plains and Southeast have wrapped-up harvest this year, parts of the eastern cornbelt are still bringing in this year’s corn crop. And for some farmers, it's been a sloppy mess. Mike Hoffman joins us from the AgDay weather-center with details.

I-80 HARVEST:

Corn harvest is nearly wrapped up...moving along in record speed. While slightly behind, soybeans are also getting close. As AgDay National Reporter Tyne Morgan tells us, despite this year's drought, farmers in one Indiana county are on track with harvest and set to roll in above average yields.

PRICE PROJECTIONS:

With harvest wrapped up in many places, pencils are working hard to start planning for next year.
According to economists at University of Illinois, there's plenty of guess work heading into 2013.
They're estimating on a 50 50 share rent agreement, a per acre return of 510 dollars to be split by landowner and farmer. That's if prices hold near $5.50 cents for corn and $12.50 for beansIf prices are lower, $4.50 corn and $10.50 beans...the return per acre would be 340 dollars.

ANALYSIS:

With harvest wrapping up, many producers are trying to decide how long to store and how soon to sell. Joining us to help make those post harvest storage decisions is Al Pell and analyst Joe Vaclavik.

DAIRY GYM:

As we told you earlier in the show, it’s not uncommon to find farmers working to make on farm income, in off farm ways. And in Wisconsin, one dairy family near Rockdale is translating lessons from the barn into success in the gym. In this report from the Wisconsin Dairy news, it's a balancing act benefitting them and their community.

EXPORT PROMOTION:

With the elections over, Congress will be headed back to Washington. And AG industry watchers are warning without a new farm bill, AG exports may start to wither.

GREEN TEA:

While billions of dollars are spent trying to find a cure for cancer, researchers may have found a simple fox to help reduce gastrointestinal cancer. And it revolves around what you choose to drink.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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.

 

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