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AgDay Daily Recap -September 19, 2013

September 19, 2013
 
 

TODAY ON AGDAY

SEPTEMBER 19, 2013

 

COLORADO FLOODING:

THE MASSIVE COLORADO FLOODING IS TAKING ITS TOLL ON COLORADO'S FARMERS AND RANCHERS. THAT'S OUR TOP STORY ON AGDAY

COLORADO DONATIONS:

IF YOU'D LIKE TO HELP THE STATE'S FARMERS AND RANCHERS FACING THE DEVESTATION, A SPECIAL FUND HAS BEEN SET UP FOR JUST THAT. COLRADO FARM BUREAU HAS STARTED A DISASTER FUND TO PROIVDE AID TO THOSE IMPACTED.

NUTRITION VOTE:

IT COULD BE TODAY THAT MEMBERS OF THE HOUSE TAKE A VOTE ON A STAND ALONE NUTRITION BILL. H-R 3102 OR THE NUTRIITON REFORM AND WORK OPPORTUNITY ACT IS SET TO CUT SOME 40 BILLION DOLLARS FROM THE SNAP PROGRAM.

LUCAS REACTS:

LAST WEEK HOUSE AG COMMITTEE CHAIRMAN FRANK LUCAS TOLD OUR PARTNERS AT AGRITALK THAT WHETHER IT PASSES OR FAILS A FARM BILL WILL MOVE FORWARD TO CONFERENCE COMMITTEE. HE THINKS IN THE END, LEADERSHIP FROM THE HOUSE, SENATE AND THE PRESIDENT WILL HAVE TO DECIDE ON WHAT MAKES IT INTO THE FINAL FARM BILL.

CROP WATCH:

WE HEAD NOW TO THE AGDAY WEATHER CENTER WHERE OUR OWN MIKE HOFFMAN IS POURING OVER TODAY'S CROP COMMENTS. GOOD MORNING MIKE.

EYE IN THE SKY:

TODAY WE'RE BEGINNING A NEW SERIES WE'RE CALLING EYE IN THE SKY. OVER THE NEXT FOUR WEEKS WE'LL BE SENDING SOME OF FARM JOURNAL'S LEADING CROP SCOUTS INTO THE AIR FOR AN OVERHEAD VIEW OF THE 2013 CROP. AND WE'LL BE FLYING SOME OF THE MAKE OR BREAK REGIONS OF THE CORN BELT. TODAY WE BEGIN WITH PRO FARMER EDITOR AND MIDWEST CROP TOUR LEADER CHIP FLORY OVER THE FIELDS OF IOWA.

FED BANK:

IN AGRIBUSINESS TODAY - THE FEDERAL RESERVE THINKS THE LACKLUSTER U-S ECONOMY STILL NEEDS A HAND. THE FED DECIDED AGAINST REDUCING THE AMOUNT OF BONDS IT'S BEEN BUYING TO SHORE-UP THE ECONOMY. IT HAS BEEN SPENDING 85-BILLION DOLLARS A MONTH IN BOND PURCHASES. THOSE PURCHASES ARE INTENDED TO KEEP LONG-TERM RATES LOW. THE FED SAYS THE ECONOMY IS GROWING MODERATELY. BUT IT SAYS RISING MORTGAGE RATES AND THE GOVERNMENT SEQUESTERS RESTRAINED GROWTH.

ANALYSIS:

AS CORN PRICES FALL, AND HARVEST SWINGS FULL MARKET WATCHERS EXPECT MORE OF THE CROP TO BE STORED RATHER THAN BE SOLD. FARM DIRECTOR AL PELL DISCUSSES THAT STRATEGY AND WHAT TO WATCH FOR IN THIS MORING'S ANALYSIS.

ANGORA GOATS:

TEXAS IS NOT ONLY THE NATION'S LARGEST CATTLE STATE BUT ALSO PRODUCES A LARGE NUMBER OF SHEEP AND GOATS, ESPECIALLY ANGORA GOATS. THOSE FURRY CREATURES ARE RAISED FOR THE LUXURIOUS MOHAIR THEY PRODUCE. TWICE A YEAR THESE ANIMALS GET A TRIM. AMANDA HILL WITH THE TEXAS FARM BUREAU EXPLAINS ON "SHEAR SUCCESS" OF RAISING ANGORA GOATS.

FOOD WASTE:

EARLIER THIS WEEK WE REPORTED ON THE AMOUNT OF FOOD THAT'S WASTED IN THIS COUNTRY. AND NOW A COUPLE OF ADVOCACY GROUPS SAY A CHANGE IN LABELS COULD MAKE A BIG DIFFERENCE. THE NATURAL RESOURCES DEFENSE COUNCIL WORKED WITH THE HARVARD LAW SCHOOL ON A STUDY ABOUT FOOD WASTE.

HEALTHIER NUTS:

IN OTHER NEWS FROM THE TABLE, GO AHEAD AND TAKE ANOTHER HANDFUL OF NUTS TO SNACK-ON. THE AG DEPARTMENT SAYS IT'S LIKELY THAT CALORIE ESTIMATES FOR PISTACHIOS AND ALMONDS MAY HAVE BEEN WRONG ALL THESE YEARS. USDA RESEARCHERS THINK THE CALORIC VALUE OF THE TWO TREE NUTS HAVE  BEEN OVER-ESTIMATED BY AS MUCH AS FIVE PERCENT. USDA SAYS THEIR CALCULATIONS WERE BASED ON NEW ESTIMATES OF HOW MANY CALORIES ARE ACTUALLY ABSORBED BY YOUR BODY.
THEY BELIEVE THE FAT FROM NUTS WAS NOT COMPLETELY ABSORBED BY YOUR INTESTINES.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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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