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AgDay Daily Recap -January 21, 2013

January 21, 2013
 
 

TODAY ON AGDAY
JANUARY 21, 2013

BEEF DEMAND:

GOOD MORNING I'M CLINTON GRIFFITHS. ALL EYES ARE ON THE CATTLE MARKET THIS WEEK, WATCHING FOR A REBOUND AFTER LAST WEEK SAW MARKETS POST THEIR LONGEST LOSING STREAK SINCE JULY. ANALYSTS SAY WHILE THE CLOSING IS BEARISH FOR CATTLE MARKETS IN THE SHORT TERM, IN THE LONG TERM, IT MEANS LESS BEEF FOR CONSUMERS. THAT'S GOING TO PUT PRESSURE ON ALREADY HIGH PRICES. EXPERTS SAY RISING COSTS ARE ALREADY STARTING TO IMPACT CONSUMER BEHAVIOR.

LIVESTOCK:

SO WHAT DOES IT MEAN FOR CATTLE PRICES? NATIONAL REPORTER TYNE MORGAN CAUGHT UP WITH BOB UTTERBACK IN FLORIDA LAST WEEK. HE SAYS JANUARY'S FEED UTILIZATION NUMBERS WILL BE DRIVING CATTLE MARKETS.

PEANUT SHOW:

PEANUTS WERE THE TOPIC OF CONVERSATION DURING THE GEORGIA PEANUT FARM SHOW AND CONFERENCE LAST WEEK. AGDAY'S AL PELL TALKED TO INDUSTRY LEADERS AND PRODUCERS TO DISCUSS THE DIRECTION FOR THE CROP IN 2013.

CROP WATCH:

IN CROP WATCH THIS MORNING, CINDI CLAWSON IS FILLING IN FOR MIKE HOFFMAN. SHE BEGINS WITH AN UPDATE ON LAST WEEK'S COLD SNAP IN THE GOLDEN STATE. CINDI, GOOD MORNING.

WEB TOOL:

RECORD INCOMES AND GROWING INTEREST IN THE INDUSTRY IS ENTICING YOUNG FOLKS TO THE FARM. BUT SORTING THROUGH THE BALANCE SHEETS CAN BE OVERWHELMING FOR THOSE NEW TO THE BUSINESS.

MARKETS CLOSED:

IN AGRIBUSINESS, WALSTREET AND COMMODITY PITS ARE CLOSED TODAY IN OBSERVANCE OF THE MARTIN LUTHER KING, JR FEDERAL HOLIDAY. WORLD MARKETS HOWEVER WILL BE OPEN.  THE TICKER AT THE BOTTOM OF THE SCREEN IS FROM FRIDAY.

ANALYSIS:

IN TODAY'S ANALYSIS, TYNE MORGAN TALKS TO ARLAN SUDERMAN OF WATERSTREET SOLUTIONS ABOUT THE GLOBAL DEMAND OUTLOOK GOING INTO 2013.

FLORIDA PYTHON HUNT:

AN INVASIVE SNAKE IS TAKING OVER THE FLORIDA EVERGLADES AND DECIMATING THE LAND AND WILDLIFE. NATIONAL REPORTER TYNE MORGAN TAKES US TO THE SUNSHINE STATE, WHERE AN ARMED MOB IS BEING WELCOMED IN FLORIDA IN HOPES OF STOPPING A GROWING PROBLEM IN ITS TRACKS. THE COMPETITION HUNT IS OPEN THROUGH FEBRUARY 10TH. I CAN GUARANTEE YOU I WON'T BE BOOKING MY FLIGHT ANYTIME SOON.

FOOD AND YOUR FAMILY:

IN FOOD AND YOUR FAMILY, AMERICA'S VETERANS LOOKING TO GET A START IN AGRICULTURE SHOULD BE ENCOURANGED THIS MORNING. THE NEWMAN'S OWN FOUNDATION JUST OFFERED A 100-THOUSAND DOLLAR GRANT TO HELP SUPPORT AMERICA'S SOLDIERS. WHICH STATE HAS THE MOST FURRY FRIENDS? A SURVEY CONDUCTED EACH YEAR BY THE AMERICAN VETERINARYMEIDCAL ASSOCIATION SURVEYS HOUSEHOLDS ACROSS THE COUNTRY TO COME UP WITH THE LATEST NUMBERS.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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