Jul 12, 2014
Home| Tools| Blogs| Discussions| Sign UpLogin

USFR Weekly Recap - May 25-26, 2013

May 25, 2013

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2076

MAY 25-26, 2013   

 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. EVERY WEEK I END THE SHOW BY PROMISING TO WORK TO DO EVEN BETTER, AND WE REALLY DO STRIVE TO IMPROVE THE SHOW EACH WEEK. NEXT WEEK WILL SEE A SIGNIFICANT CHANGE AS WE ADD ANOTHER MARKET SEGMENT TO THE FIRST HALF-HOUR. AL CAN EXPLAIN HOW IT WILL WORK LATER. TO MAKE ROOM, WE'RE MOVING ALL THE WEATHER TO A NEW BIGGER SLOT IN THE SECOND HALF-HOUR. MIKE HOFFMAN WILL STILL MAKE AN APPEARANCE FOR CROP WATCH, FOR ALL OF HIS DEDICATED FANS, BUT THE FULL WEATHER SEGMENT WILL AIR LATER IN THE SHOW. YOU'D THINK THIS WOULD BE AN EASY ADJUSTMENT, BUT LIKE AS WE DO WITH ALL RUTS, SOME OF US SENIOR CITIZENS WILL FLAIL A BIT UNTIL THE CHANGE SINKS IN.

HEADLINES:

THANKS JOHN. RAIN SHOWERS AND STORMS KEPT MANY MIDWEST FARMERS OUT OF THEIR FIELDS THIS WEEK. BUT THE URGENCY OF DELAYED PLANTED SEEMS TO HAVE WANED.
THE CROP PROGRESS REPORT ISSUED THIS PAST MONDAY SHOWED INCREDIBLE GAINS IN THE NATION'S CORNBELT.
THE AG DEPARTMENT SAYS CORN PLANTING REACHED 71-PERCENT COMPLETED. THE PREVIOUS WEEK WAS JUST 28-PERCENT. THAT'S A 43-POINT JUMP IN JUST ONE WEEK. PLANTING IN THE TOP 18 CORN GROWING STATES IS NOW JUST BEHIND THE FIVE YEAR AVERAGE. ILLINOIS FARMERS HAD THE BIGGEST ONE WEEK GAIN IN THE COUNTRY. IT WENT FROM 17-PERCENT TO 74-PERCENT COMPLETED IN JUST SEVEN DAYS. PRIOR TO THIS WEEK'S SHOWERS, FARMERS IN GRUNDY COUNTY WERE ENJOYING NEAR PERFECT CONDITIONS TO GET THE CROPS PLANTED. TOP EXECUTIVES AT THE NOW-DEFUNCT "EASTERN LIVESTOCK COMPANY" WERE SENTENCED TO PRISON THIS WEEK FOR THEIR ROLES IN A SCHEME THAT COST FARMERS MILLIONS OF DOLLARS. A FEDERAL JUDGE IN LOUISVILLE, KENTUCKY SENTENCED BOTH THE FORMER OWNER AND FORMER C-O-O TO FIVE YEARS IN JAIL. THE GOVERNMENT SAYS THE TWO MEN RAN A FRAUDULENT BUSINESS THAT COST 200 CATTLE PRODUCERS MILLIONS OF DOLLARS. IN WASHINGTON, THE SENATE DEBATED THE FARM BILL THIS WEEK. MORE THAN 100 AMENDMENTS WERE FILED FOR DEBATE, INCLUDING SEVERAL THAT INCREASED AND DECREASED THE PROPOSED CUTS TO FOOD STAMPS. THE SENATE IS EXPECTED TO WRAP-UP DEBATE AFTER MEMORIAL DAY. MEANWHILE, THE IMMIGRATION REFORM MADE ITS WAY OUT OF THE SENATE JUDICIARY COMMITTEE AND EXPECTED ON THE SENATE FLOOR NEXT MONTH. THE HOUSE DRAFTED THEIR VERSION OF THE LEGISLATION, BUT REMAIN TIGHT LIPPED ON WHAT IT ENTAILS.

SOY CROP PROGRESS:

SOYBEANS SAW SOME PROGRESS THIS WEEK, BUT NOT AS STEEP OF A CLIMB AS CORN. 19-PERCENT IS NOW PLANTED. IT'S WELL BEHIND THE FIVE YEAR AVERAGE. FARMERS WERE LIKELY FOCUSED ON GETTING CORN PLANTED FIRST BEFORE SWITCHING TO BEANS.

CROP WATCH:

MEANWHILE, SNOW IS STILL FALLING IN PARTS OF THE CONTIGUOUS 48 STATES. CHARLES LAPP FARMS IN THE FLATHEAD VALLEY OF NORTHWEST MONTANA. THIS IS WHAT HE WOKE-UP TO ON THURSDAY. THEY GROW WHEAT, BARLEY AND PEAS IN THAT AREA. MOST FARMERS TRY TO GET THEIR SEEDING DONE BY MAY FIRST, BUT THEY HARD FREEZES THROUGH APRIL WHICH DELAYED PLANTING.

ROUNDTABLE:

AL IS IN TO TALK MARKETS WITH BRIAN BASTING AND MIKE HOGAN.

JOHN’S WORLD:

MY COMMENTS LAST WEEK ABOUT SOME TRENDS I FIND HOPEFUL STAYED IN MY MIND THIS WEEK AS I READ THE NEWS AND I STUMBLED ACROSS SOME OTHER NUIMBERS THAT SURPRISED AND SORT-OF ENCOURAGED ME. FOR EXAMPLE, SINCE 2008 WE HAVE CONSUMED LESS ELECTRICITY PER CAPITA EACH YEAR - AN UNPRECEDENTED EVENT WHICH HAS STUNNED POWER COMPANIES. WHILE THE RECESSION WAS THE INTIAL CAUSE, OUR USE OF ELECTRICITY CONTINUES TO DROP AS NEW TECHNOLOGIES LIKE CFL'S REPLACE LESS EFFICIENT ELECTRICAL DEVICES. AT THE SAME TIME, WE'RE ALL DRIVING LESS - ANOTHER TREND CHANGE NOBODY PREDICTED. BETWEEN BOOMERS LITERALLY SLOWING DOWN AND MILLENIALS WHO DON'T GET DRIVERS LICENSES, OUR CARS ARE SPENDING MORE TIME PARKED. MATCHED UP WITH NEW OIL FINDS HERE AT HOME THIS HAS IMMENSE PROMISE FOR CHANGING THE OUTLOOK FOR ENERGY INDEPENDENCE. THIRD, CREDIT CARD DEBT HAS DROPPED SIGNIFICANTLY AS HOUSEHOLDS ADOPT NEW ATTITUDES TOWARD SPENDING. WHILE THIS ALSO SLOWS DEMAND FOR PRODUCTS, IT AT LEAST SHOPWS THE AMERCIAN PEOPLE CAN DEMONSTRATE SOME ECONOMIC DISCIPLINE. FINALLY, WORLD FERTILITY RATES CONTINUE TO DROP TOWARD REPLACMENT RATE. THIS COULD BE THE FINAL NAIL IN THE THE COFFIN OF ECONOMIST THOMAS MALTHUS WHO FAMOUSLY PREDICTED WE WOULD REPRODUCE OURSELVES TO STARVATION. AGAIN, I'M NOT SAYING EVERYTHING IS ROSES. BUT THOSE IN AGRICULTURE WHO CAN ACCEPT THE CONCEPT OF POSSIBLE IMPROVEMENT STAND A CHANCE A BETTER CHANCE TO CAPITALIZE ON THOSE CHANGES.

2ND HALF

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. WILL THE MARKETS EVER TAKE PLANTING DELAYS SERIOUSLY AGAIN? AFTER YOU SAW THE CHARTS FOR CORN PLANTING PROGRESS YOU'LL WONDER ABOUT THAT TOO. ALL I KNOW OUR NINE-DAY PLANTING PUSH IS KIND OF A BLUR WITH A HAPPY ENDING. WE KEPT EXEPECTING RAINS AND DIDN'T GET THEM. OBVIOUSLY WE WERE NOT ALONE. IN FACT, WHEN I SAW MY OLD FRIEND DON STILL IN THE FIELD ACROSS FROM ME AT TWO IN THE MORNING, I KNEW I COULDN'T QUIT UNTIL HE DID. I FOUND OUT A FEW DAYS LATER HE WAS THINKING THE SAME THING. THIS IS HOW COMPETITION OFTEN WORKS IN FARM COUNTRY. IT BRINGS OUT OUR WORST INSTINCTS, AND MAKES LIFE A LITTLE LESS FUN.

HEADLINES:

THE U-S DEPARTMENT OF AGRICULTURE MAY HAVE TIGHTENED ITS COUNTRY OF ORIGIN LABELING LAWS THIS WEEK, BUT CANADA AND MEXICO REMAIN DISPLEASED WITH THEIR EFFORTS. IN THE SENATE FARM BILL DEBATE THIS WEEK, SENATOR BERNIE SANDERS OF VERMONT INTRODUCED AN AMENDMENT ON G-M-O LABELING. IT WOULD HAVE ALLOWED STATES TO REQUIRE LABELING OF GENETICALLY MODIFIED FOODS. THE SENATE OVERWHELMINGLY REJECTED THAT AMENDMENT WITH A 71 TO 27 VOTE. DROUGHT CONTINUES TO PLAGUE MUCH OF THE PLAINS AND SOUTHWEST. THIS WEEK'S DROUGHT MONITOR SHOWS THE AREA OF TEXAS DESIGNATED AS BEING IN EXTREME DROUGHT WENT UP 3 PERCENTAGE POINTS. NOW 32 PERCENT OF THE LONE-STAR STATE IS IN EXTREME OR EXCEPTIONAL DROUGHT. JUST TO THE WEST, NEW MEXICO IS ALSO STRUGGLING FOR MOISTURE. 21 PERCENT IS UNDER EXTREME OR EXCEPTIONAL DROUGHT, AND 47 PERCENT IS CONSIDERED SEVERE, STEADY WITH THE PREVIOUS WEEK. CLIMATOLOGISTS AREN'T HOPEFUL THE DROUGHT WILL WANE IN THE WEST ANYTIME SOON. THE NATIONAL WEATHER SERVICE IS PREDICTING CONTINUING DROUGHT FOR THE WESTERN HALF OF TEXAS THIS SUMMER. STATE CLIMATOLOGIST JOHN NIELSEN-GAMMON SAYS THE WESTERN HALF OF THE STATE WILL LIKELY SEE BELOW-NORMAL PRECIPITATION FROM NOW THROUGH SUMMER. ABOVE NORMAL TEMPS ARE ALSO EXPECTED IN THE SOUTHERN PLAINS. PASTURE AND RANGE CONDITIONS REFLECT THE POOR MOISTURE SITUATION. THAT'S ACCORDING TO THE LATEST USDA CROP PROGRESS REPORT. UN-MANNED AERIAL VEHICLES - BETTER KNOWN AS DRONES - ARE GETTING A LOT OF ATTENTION THESE DAYS - INCLUDING A GROWING DEBATE REGARDING AGRICULTURAL USE. IN IDAHO LAWMAKERS HAVE PASSED LEGISLATION TO PREVENT DRONES TO SPY ON FARMS AND RANCHES. THE NEW LAW WILL PREVENTS ANY PERSON, ENTITY OR PUBLIC AGENCY FROM USING DRONES TO CONDUCT SURVEILLANCE OF PRIVATE PROPERTY. IT DOES, HOWEVER, PERMIT INDIVUDALS TO USE UAV'S TO TAKE PHOTOS OR VIDEO OF THEIR OWN LAND. WHAT WOULD BE CRAZIER THAN SEEING PIGS FLY? HOW ABOUT SHEEP THAT GLOW IN THE DARK?

OSTRICH MASCOT:

THE MAJOR LEAGUES HAVE YOUR CUBS, MARLINS, DIAMONDBACKS. BUT MINOR LEAGUES USUALLY HAVE SOMETHING A LITTLE MORE CREATIVE WITH THEIR CRITTERS. THEY'RE TRYING TO DEVELOP "MAJOR" ATTRACTIONS AND GET MORE PEOPLE TO THE BALLPARK. LEE POWELL TELLS US HOW THE FIGHTIN' PHILS OF READING, PENNSYLVANIA ARE "STICKING OUT THEIR NECK" FOR THEIR MASCOT OF CHOICE.

BAXTER BLACK:

MEMORIAL DAY WEEKEND IS GOOD TIME TO FIRE UP THE BARBEQUE. WE HEAD TO ARIZONA, WHERE BAXTER BLACK HAS SOME THOUGHTS ON WHAT TO GRILL THIS SUMMER.

TRACTOR TALES:

AL REJOINS US NOW. WHAT CLASSIC TRACTOR DO YOU HAVE FOR US THIS WEEK? WE MET A COLLECTOR IN EAST CENTRAL ILLINOIS WITH A 1949 FARMALL M.

CHURCH SALUTE:

TODAY'S COUNTRY CHURCH SALUTE GOES TO 'SACRED HEARTS OF JESUS AND MARY' IN SUN PRAIRIE, WISCONSIN. IT WAS ABOUT 150 YEARS AGO WHEN CATHOLIC FAMILIES JUST OUTSIDE MADISON, WISCONSIN FORMED A PARISH. THE FIRST CHURCH WAS COMPLETED AND DEDICATED IN 1863. IT LASTED FOR NEARLY 25 YEARS UNTIL THE CONGREGATION OUTGREW THE BUILDING. AS THE CHURCH CONTINUED TO GROW, THEY DECIDED TO BUILD YET AGAIN. THE YEAR WAS 1921. OVER THE DECADES, THE CONGREGATION MADE SOME CHANGES, BUT THAT STRUCTURE HAS BEEN SERVING THE PARISH FOR MORE THAN 90 YEARS. OUR THANKS TO CHURCH MEMBER CHARLOTTE BRADLEY FOR SHARING THE NEWS.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG. WHEN I MENTIONED TRENDS THAT HAD TAKEN A TURN FOR THE BETTER LAST WEEK, SOME VIEWERS POINTED OUT THAT THE UNEMPLOYMENT PROBLEM IS FAR FROM SOLVED.

 

 

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

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

See Comments

RELATED TOPICS: USFR Recap

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive Top Producer's eNewsletter today!

 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions