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AgDay Daily Recap -July 23, 2013

July 23, 2013
 
 

TODAY ON AGDAY

JULY 23, 2013

 

CROP PROGRESS:

GOOD MORNING I'M CLINTON GRIFFITHS. AREAS OF THE COUNTRY SAW HEAVY RAINS OVER THE WEEKEND. ADD IT TO COOLER TEMERATURES AND THAT COULD BODE WELL SUMMER CROPS.USDA'S CROP PROGRESS REPORT A DECLINE IN THE CONDITION RATING. 63-PERCENT IS GOOD TO EXCELLENT, A DROP OF THREE POINTS FROM LAST WEEK. MISSOURI SAW AN EIGHT POINT DROP IN ONE WEEK. SHOWS 43-PERCENT OF CORN IS IN THE SILKING STAGE, A 27 POINT JUMP IN ONE WEEK. IT STILL LAGS BEHIND THE FIVE YEAR AVERAGE. IOWA'S CORN CROP IS 36 PERCENTAGE POINTS BEHIND AVERAGE IN THIS STAGE. MINNESOTA, NEBRASKA AND NORTH DAKOTA ARE ALSO BEHIND. MOVING TO SOYBEANS, EIGHT PERCENT ARE SETTING PODS - THAT'S ELEVEN POINTS BEHIND THE FIVE YEAR AVERAGE. 46-PERCENT IS BLOOMING.

CROP WATCH:

AS THE MIDWEST CORN CROP MOVES THRU POLLINATION, FARMERS ARE ANXIOUS TO GET SOME TIMELY SHOWERS. BUT MANY - ESPECIALLY IN THE WESTERN CORN BELT - MISSED OUT. MIKE HOFFMAN HAS DETAILS FROM THE AGDAY WEATHER-CENTER.

PRESIDENT JOBS TOUR:

PRESIDENT OBAMA IS KICKING OFF A JOBS TOUR THIS WEEK IN GALESBURG ILLINOIS. HIS SPECH WEDNESDAY IS EXPECTED TO LAY OUT A VISION FOR THE ECONOMY INCLUDING THE FINANCIAL BENEFITS OF AN IMMIGRATION OVERHAUL. A NEW FISCAL YEAR STARTS IN OCTOBER...AND BUDGET DEADLINES ARE LOOMING.

POVERTY COUNTIES:

ACCORDING ONE OF USDA'S RESEARCH GROUPS, PERSISTENT POVERTY IS PLAGUING RURAL AMERICA -- MORE THAN THE COUNTRY'S URBAN AREAS. THE STUDY CLASSIFY'S COUNTIES AS PERSISTANTLY POOR IF 20 PERCENT OR MORE OF THE POPULATION HAS LIVED IN POVERTY OVER THE PAST 30 YEARS. IN TOTAL THERE WERE 353 PERSISTANTLY POOR COUNTIES--MORE THAN 300 OF THOSE WERE NONMETRO AREAS. BY REGION THE LARGEST CONCENTRATION WAS IN THE SOUTH--COVERING ABOUT A QUARTER OF THAT POPULATION.

PORTS CRITICAL:

THE DEVELOPMENT OF THE SOUTHEAST ASIA MARKET FOR U.S. SOYBEAN EXPORTS DIDN'T HAPPEN OVERNIGHT OR WITHOUT CONSIDERABLE INVESTMENT BY FARMERS AND PRIVATE INDUSTRY. MOST OF THE INFRASTRUCTURE DEVELOPMENT BOOM HAS TAKEN PLACE IN THE PACIFIC NORTHWEST DUE TO ITS LOGISTICS TO THOSE MARKETS. AGDAY REGIONAL REPORTER MICHELLE ROOK CONTINUES OUR LOOK AT THE IMPORTANCE OF THAT EXPORT AREA TO FARMERS, ESPECIALLY IN THE WESTERN CORN BELT.

MILK PRODUCTION:

THE NATION'S DAIRY FARMERS ARE PUMPING OUT MORE MILK THAN THEY DID LAST YEAR.
JUNE TO JUNE, USDA SAYS PRODUCTION IS UP ABOUT ONE AND A HALF PERCENT. THE NUMBER ONE MILK PRODUCER - CALIFORNIA - SAW IT'S PRODUCTION LEVELS DECLINE BY LESS THAN ONE PERCENT. IT'S STILL ABOUT THREE-AND-A-HALF BILLION POUNDS. KANSAS SAW THE BIGGEST YEARLY GAIN, ALMOST 10 PERCENT HIGHER YEAR OVER YEAR. USDA DID NOT REPORT COW NUMBERS OR MILK PER COW ESTIMATES SINCE THE FEDERAL BUDGET SEQUESTRATION ELIMINATED INDIVIDUAL FARM SURVEYS.

ANALYSIS:

IN ANALYSIS THIS MORNING, WE CONTINUE OUR LOOK AT DAIRY. AL PELL DISCUSSES FEED COSTS AND HOW THE POTENTIAL OF FALLING PRICES COULD IMPACT MILK MARKETING INTO 2014.

WINNING AT 42:

UNLESS YOU LIVE OR GREW-UP IN TEXAS, CHANCES ARE YOU NEVER HEARD OF THE GAME SIMPLY CALLED "42". IT'S A FOUR-PLAYER GAME WITH BIDDING AND TRUMPS, PLAYED LIKE A CARD GAME. BUT DOMINOES REPLACE A DECK OF CARDS. THE GAME REALLY SEEMS TO BE A PART OF THE HERITAGE OF MANY TEXAS FAMILIES, INCLUDING THE ROBBERSON'S. TEXAS COUNTRY REPORTER BOB PHILLIPS FINDS THE LORE BEHIND THE GAME.
MCDONALD’S EARNINGS:

LEADERS OF THE COMPANY THAT'S HOME TO THE HAPPY MEAL AREN'T SMILING. EARNINGS FOR MCDONALDS ARE OUT AND THE COMPANY IS WARING IT COULD BE A ROCKY YEAR.

PEACHES BLUEBERRIES:

GEORGIA IS FAMOUS FOR ITS PEACHES. THE FRUIT APPEARS ON VEHICLE LICENSE PLATES. AS YOU TRAVEL THE STATE, BILLBOARDS WELCOME YOU TO THE PEACH STATE, AND THE WORD IS OFTEN INCORPORATED INTO STREET NAMES. SO WOULD IT SURPRISE YOU THAT PEACHES ARE NOT THE NUMBER ONE FRUIT CROP IN THE STATE? WHICH FRUIT CLAIMS THE TOP SPOT? WE'LL HAVE THAT ANSWER TOMORROW ON AGDAY.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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