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USFR Weekly Recap - May 11-12, 2013

May 11, 2013

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2074

MAY 11-12, 2013   

 

 

 

 

As always, we want to hear from you, send comments to mailbag@usfarmreport.com or leave us a voice mail at 800-792-4329.

 

 

 

 

 

 


 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. PLANTERS WERE ROLLING THIS WEEK, FOR MANY OF YOU ANYWAY. I GUESS IT'S JUST NOT OUR TURN IN CENTRAL ILLINOIS. IT JUST DAWNED ON ME OUR PLANTER HAS BEEN IDLE FOR MORE THAN A WHOLE YEAR, AS WE FINISHED LAST YEAR IN APRIL. IN FACT, OUR WHOLE YEAR COULD BE SHIFTED SEVERAL WEEKS LATER, INCLUDING HARVEST. WHILE WE HAVE BEEN COMPARING THIS YEAR TO 2009 IN THE EASTERN CORN BELT, IT'S BECOMING CLEAR WE WILL NEED SIMILARLY BENIGN GROWING AND HARVEST WEATHER TO OVERCOME THIS FALSE START. MY MOTTO HAS BEEN TO MAKE THE FIRST FARMING MISTAKE EACH YEAR AS LATE AS POSSIBLE. IT'S A NICE GOAL, BUT HARDER THAN IT SOUNDS.

HEADLINES:

THANKS JOHN. THE AG DEPARTMENT TWEAKED THE SUPPLY-SIDE OF THE CORN LEDGER ON FRIDAY. THE BIGGEST CHANGES, HOWEVER, WERE IN PRODUCTION. THE HOUSE AND SENATE AG COMMITTEES ARE SCHEDULED TO BEGIN MARK-UP OF THE 2013 FARM BILL THIS WEEK. BOTH THE HOUSE AND SENATE AG COMMITTEE VERSIONS OF THE 2013 FARM BILL ELIMINATE DIRECT PAYMENTS. BUT MANY RICE AND COTTON PRODUCERS SAY IT'S STILL A VITAL PART TO THEIR BUSINESS.

CROP PROGRESS:

CROP PROGRESS SAW SLIGHT IMPROVEMENT THIS WEEK. CORN FARMERS REACHED 12% PLANTED, UP SEVEN PERCENTAGE POINTS. 2009 IS A POPULAR COMPARISON, AND AS YOU SEE WE'RE NOT KEEPING UP THERE EITHER.  KEEP IN MIND THE RELEASE OF THE REPORT COULDN'T BE MUCH WORSE FOR OUR REPORTING - THESE NUMBERS ARE NEARLY A WEEK OLD, AND SEVERAL AREAS MADE GOOD PROGRESS IN THE LAST FEW DAYS. MANY DID NOT HOWEVER.

OHIO PLANTING:

OHIO - LIKE THE REST OF THE CORN BELT - REMAINS IN SINGLE DIGITS. SEVEN PERCENT IS PLANTED IN THE BUCKEYE STATE. LAST YEAR IT WAS 76% AT THIS TIME.

ROUNDTABLE:

IT'S TIME TO TALK MARKETS AS AL IS JOINED BY MARK GOLD AND MIKE FLOREZ.

JOHN’S WORLD:

THERE IS AN IMPORTANT DEBATE WITHIN THE FARM BILL DEBATE CONCERNING HOW PRODUCERS RESPOND TO ANIMAL WELFARE AND FOOD SAFETY ISSUES. IT CENTERS ON CALIFORNIA EGG PRODUCERS WHO MUST COPE WITH CALIFORNIA'S POLITICAL WILDCARD: VOTER INITIATIVES. WHEN PROPOSITION 2 PASSED IN 2008, A DEADLINE OF 2015 WAS PUT IN PLACE FOR NEW STANDARDS OF ANIMAL CARE. IN RESPONSE, EGG PRODUCERS HAMMERED OUT A DIFFICULT COMPROMISE WITH THE HSUS TO ALLOW MORE PRACTICAL IMPLEMENTATION. SINCE EGGS ARE SHIPPED ALL OVER THE COUNTRY, THEY ARE ASKING FOR UNIFORM FEDERAL STANDARDS TO BE INCLUDED IN THE NEW FARM BILL. HERE'S WHERE IT GETS INTERESTING. OTHER LIVESTOCK GROUPS HAVE CHARGED EGG PRODUCERS WITH CAVING IN TO HSUS AND STRONGLY OPPOSE ANY FEDERAL STANDARD AS THE FIRST STEP TOWARD MANDATED PRODUCTION CHANGES FOR THEIR INDUSTRIES. IN MY VIEW, THEY SEEM TO BE SAYING EGG PRODUCERS SHOULDN'T BE PUSHED AROUND BY HSUS - EGG FARMERS SHOULD BE PUSHED AROUND BY OTHER FARMERS. EGG PRODUCERS HAVE A RIGHT TO PLAN THEIR OWN FUTURE AND NEGOTIATE WITH WHOMEVER THEY CHOOSE. AND THEY DESERVE A VOTE IN CONGRESS ON THEIR EFFORTS. HYSTERIA FROM OTHER LIVESTOCK GROUPS ARISES FROM A JUSTIFIABLE FEAR THAT THIS ISSUE WILL SOON GO BEYOND KNEE-JERK HATRED OF HSUS, AND SPREAD TO INCREASINGLY SKEPTICAL CONSUMERS. EGG PRODUCERS HAVE TAKEN A FORWARD-THINKING STEP TOWARD ADDRESSING CUSTOMER CONCERNS. THE ARROWS IN THEIR BACKS ARE A TESTAMENT TO THEIR LEADERSHIP.

2ND HALF

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. WE ARE TALKING A LOT ABOUT OUR PROTEIN SECTOR THIS WEEK, AND ONE NEWS STORY POPPED UP IN MY MIND. THIS WEEK THAT MCDONALDS, WHICH HAS BEEN BATTLING FLAGGING SALES, DISCONTINUED THEIR LINE OF HIGHER PRICED BURGERS. GIVEN THAT TACO BELL AND OTHER CHAINS HAVE ALSO DECIDED THE FUTURE WILL BE ABOUT LOW-PRICED, "DOLLAR-MENU" TYPE OFFERINGS, THIS IS NOT SURPRISING. BUT I THINK THERE COULD BE MORE GOING ON HERE. FAST FOOD COMPANIES ARE COMING FACE TO FACE WITH THE STARK REALITY OF THE LOPSIDED NATURE OF OUR TEPID ECONOMIC RECOVERY. THE SMALL MINORITY OF AMERICANS ENJOYING BETTER INCOMES DON'T VISIT MCDONALDS THAT OFTEN.

HEADLINES:

THANKS JOHN AND HELLO EVERYONE. IF YOU PLAN TO GRILL THIS WEEKEND FOR MOTHER'S DAY, IT'S GOING TO COST YOU MORE THIS YEAR. BEEF PRICES SET NEW HIGHS THIS SPRING. MEANWHILE BEEF EXPORTS SLUMPED A BIT FROM LAST YEAR. THE U-S MEAT EXPORT FEDERATION SAYS MONTHLY BEEF EXPORT FIGURES DROPPED SEVEN PERCENT FROM A YEAR AGO IN TERMS OF VOLUME. WRAPPING-UP THE FIRST QUARTER OF THE YEAR, BEEF EXPORTS ALSO FINISHED DOWN - ABOUT 4%. THE PORK SECTOR SAW EVEN STEEPER DECLINES IN MARCH. EXPORTS TOTALS WERE DOWN 18% FROM A YEAR AGO. THE U-S MEAT EXPORT FEDERATION SAYS THOSE SHARPLY LOWER EXPORTS WERE DUE TO MARKET CLOSURE IN RUSSIA. LARGER DOMESTIC SUPPLIES IN ASIA ARE ALSO TO BLAME, AS THEY WEAKENED THE DEMAND FOR U-S PORK. MEANWHILE, FIRST-QUARTER PORK EXPORTS WERE DOWN 12% FROM LAST YEAR. THE COCA-COLA COMPANY ANNOUNCED A MAJOR INVESTMENT IN THE FLORIDA CITRUS INDUSTRY.  COKE OWNS THE MINUTE MAID AND SIMPLY JUICE BRANDS. IN OTHER NEWS INVESTIGATORS IN THE SMALL TEXAS TOWN OF WEST ARE INCHING CLOSER TO THE CAUSE OF LAST MONTH'S DEADLY EXPLOSION. THE SAME COOL WEATHER PATTERN THAT'S PREVENTING FARMERS FROM PLANTING ALSO MEANS A LESS DANGEROUS SPRING, SO FAR.

SPIRIT OF THE HEARTLAND:

LEARNING CAN HAPPEN ANY PLACE, ANY TIME...EVEN AFTER THE SCHOOL DAY HAS ENDED. IN THE VOLUNTEER STATE THERE'S AN AFTER-SCHOOL PROGRAM UNLIKE ANY OTHER...ONE THAT TURNS A BARNYARD INTO A MAKE-SHIFT SCIENCE LAB. CHUCK DENNEY TAKES US THERE IN THIS REPORT FROM THE UNIVERSITY OF TENNESSEE.

BAXTER BLACK:

IT'S MOTHERS DAY WEEKEND - A TIME TO HONOR THE WOMAN WHO BROUGHT YOU INTO THIS WORLD. OF COURSE, BAXTER BLACK HAS A UNIQUE WAY OF REMEMBERING MOMS, ESPECIALLY THOSE ON THE RANCH.

TRACTOR TALES:

AL JOINS US NOW FOR TRACTOR TALES...WHAT DO YOU HAVE FOR US THIS WEEK? JOHN WE'VE GOT A CLASSIC MOLINE FROM CENTRAL MONTANA.

CHURCH SALUTE:

OUR COUNTRY CHURCH SALUTE TAKES US TO SYRACUSE, MISSOURI WHERE THE FIRST BAPTIST CHURCH IS CELEBRATING MORE THAN 170 YEARS OF MINISTRY. IN 1842, THE CHURCH WAS ORGANIZED AND KNOWN AS BEULAH CHURCH. DURING THE LATE 1800'S, THEY SHARED THE SAME CHURCH BUILDING WITH SEVERAL OTHER DENOMINATIONS. IN 1896, THEY DECIDED TO STRIKE-OUT ON THEIR OWN. THAT STRUCUTURE SERVED THE CHURCH FOR 25 YEARS WHEN A REPLACEMENT WAS BUILT. IT'S STILL IN USE TODAY. OUR THANKS TO REVERAND HAROLD NICKS FOR SHARING THE HISTORY OF FIRST BAPTIST CHURCH OF SYRACUSE, MISSOURI.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG. WE RECEIVED A THOUGHTFUL LETTER REGARDING THE FUTURE OF VEGANISM.

 

 

 

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