Sep 14, 2014
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THIS WEEK ON U.S. FARM REPORT

EPISODE # 2063

FEBRUARY 23-24, 2013 

 

OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M AL PELL - IN FOR JOHN PHIPPS. ON THIS LAST WEEKEND OF FEBRUARY WE'VE GOT LOTS TO COVER OVER THE NEXT 60 MINUTES.  WE'LL MAKE STOPS IN TEXAS, NEW HAMPSHIRE, TENNESSEE AND THE GREAT STATE OF WASHINGTON - AND IN JUST A FEW MINUTES OUR TEAM OF ANALYSTS WILL BREAK DOWN ANOTHER BUSY WEEK IN THE COMMODITY TRADE. BUT AS ALWAYS WE BEGIN WITH THE HEADLINES...HERE'S TYNE MORGAN.

HEADLINES:

THE SUPREME COURT HEARD ARGUMENTS ON TUESDAY REGARDING MONSANTO'S RIGHTS OVER THE USE OF ITS GENETICALLY MODIFIED SEEDS. THE CASE IS INDIANA FARMER VERNON BOWMAN VERSUS MONSANTO.  BOWMAN PLANTED SOYBEANS AS A DOUBLE-CROP AFTER WHEAT, WHICH HE SAYS HE PURCHASED FROM HIS LOCAL ELEVATOR. THE SEED HAD ROUNDUP READY TECHNOLOGY. BOWMAN, HOWEVER, DIDN'T PAY FOR USE OF THE TECHONOLOGY SAYING HE PURCAHSED A BAG OF MIXED SEED. BOWMAN CONTENDS THAT MONSANTO'S PATENT RIGHTS HAD EXPIRED. MILK PRODUCTION HIT A RECORD LAST YEAR, UP MORE THAN 2 PERCENT FROM 2011. U-S HERD NUMBERS ROSE THE LARGEST SINCE 2008. MILK PRODUCTION PER COW ALSO HIT A RECORD. THE NATIONAL AG STATISTICS SERVICE SAYS IN TOTAL, MILK PRODUCTION PER COW HAS INCREASED MORE THAN 15 PERCENT IN THE LAST DECADE.  MEANWHILE, CALIFORNIA'S MILK PRODUCTION DROPPED IN JANUARY FROM THE PREVIOUS YEAR, WITH THE NUMBER OF DAIRIES DECLINING 2 THOUSAND HEAD. MEANWHILE, POULTRY AND EGG EXPORTS TOOK A DOUBLE DIGIT JUMP LAST YEAR. THAT SETS A NEW RECORD. OVERALL, U-S PRODUCERS SOLD MORE THAN 5 POINT 7 BILLION DOLLRS WORTH OF PRODUCT TO DIFFERENT COUNTRIES. THE USA POULTRY AND EGG EXPORT COUNCIL SAYS THE GLOBAL LANDSCAPE FOR EXPORTS IS DYNAMIC. HOWEVER, THEY ARE RELYING LESS ON A FEW BIG MARKETS AND GAINING ACCESS TO MULTIPLE SMALLER ONES.  WITH RECORD CLAIMS FOR CROP INSURANCE IN 2012, QUESTIONS ARE SURFACING ABOUT HOW AND WHEN TO CLAIM ON TAXES. WE TALKED TO A FARM CPA EXPERT WHO SAYS WHILE FARMERS HAVE THE OPTION TO DEFER IT, THIS MAY BE THE YEAR TO TAKE ADVANTAGE OF INCREASED LEVELS OF SECTION 179.

CROP WATCH:

CROP WATCH THIS WEEK IS A THREE-STATE SWING.

ROUNDTABLE:

IT'S TIME TO TALK MARKETS WITH BILL BIEDERMANN AND CHIP NELLINGER.

JOHN’S WORLD:

AS WE MENTIONED EARLIER, JOHN IS OFF ON THE ADVENTURE OF A LIFETIME - A WHIRLWIND TRIP TO AFRICA AND BACK. LAST SUMMER, WE VISITED HIS FARM WHERE HE TALKS ABOUT THE WONDER OF "TIMED ELECTRIC USE".

2ND HALF

OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M AL PELL - IN FOR JOHN PHIPPS. EACH AND EVERY WEEK ON THIS SHOW WE DO OUR BEST TO COVER ALL ASPECTS OF AGRICULTURE - THE PEOPLE, PLACES, TRENDS AND TECHNOLOGIES IMPACTING THIS VITAL INDUSTRY. THIS WEEKEND IS NO EXCEPTION AS WE FEATURE A FAMILY THAT HAS CHANGED WITH THE TIMES TO BECOME ONE OF THE LEADING CATFISH PRODUCERS IN THE LONE-STAR STATE. THEIR STORY IS COMING UP IN JUST A FEW MINUTES - BUT FIRST, LET'S GET STARTED WITH THE HEADLINES AND TYNE MORGAN.

HEADLINES:

THANKS AL. A SALMONELLA OUTBREAK CONNECTED TO PEANUTS NEARLY FOUR YEARS AGO HAS RESULTED IN FEDERAL INDICTMENTS. YOU MIGHT REMEMBER THAT PEANUT PASTE - USED TO MAKE THINGS LIKE PEANUT BUTTER CRACKERS - CAUSED HUNDREDS OF ILLNESSES AND NINE DEATHS. BEEF AND PORK TRADE GROUPS SAY THEY'RE APPALLED THAT THE E-P-A HAS RELEASED SENSITIVE BUSINESS INFORMATION TO ENVIRONMENTAL ACTIVIST GROUPS. THE INFORMATION PERTAINS TO CONFINED ANIMAL FEEDING OPERATIONS. NCBA AND THE NATIONAL PORK PRODUCERS COUNCIL SAY THE RELEASED INFORMATION INCLUDES HOME ADDRESSES AND OTHER CONFIDENTIAL INFORMATION OF "CAFO" OPERATORS. THE LIVESTOCK GROUPS SAY THEY'RE CONCERNED THIS INFORMATION PUTS THE PRODUCERS AT RISK BY ATTACKS FROM THE ACTIVIST GROUPS. WE'VE REACHED OUT TO EPA, BUT HAVE YET TO RECEIVE A RESPONSE. USDA RELEASED ITS LONG-TERM PROJECTIONS THIS WEEK. IF THE AGENCY IS CORRECT, FARMERS WILL SEE NET FARM INCOME DECLINE FOR THE NEXT TWO YEARS. EVEN WITH LOWER INCOMES, THE LEVELS ARE PROJECTED TO STILL BE WELL ABOVE THE PAST DECADE. THE VALUE OF GOOD FARMLAND CONTINUES TO RISE. THAT'S ACCORDING TO THE CHICAGO AND KANSAS CITY FEDERAL RESERVE BANKS. FARMLAND FOR THE REGION INCLUDING ILLINOIS, INDIANA, IOWA, MICHIGAN, AND WISCONSIN JUMPED 16 PERCENT. THE BIGGEST JUMP OCCURRED IN IOWA.  THOSE INCREASES MEAN LAND PRICES HAVE MORE THAN DOUBLED IN JUST THE LAST THREE YEARS. IT'S GOOD NEWS FOR CATTLE PRODUCERS, AS THE WORLD ORGANIZATION FOR ANIMAL HEALTH IS RECOMMENDING THE U-S B-S-E- RISK STATUS BE UPGRADED. O-I-E SUGGEST THE STATUS BE UPGRADED TO NEGLIGIBLE RISK.  AG SECRETARY TOM VILSACK SAYS THIS SUPPORT THEIR EFFORTS TO INCREASE EXPORTS OF BEEF AND BEEF PRODUCTS. THE NATION'S TOP MAPLE-SYRUP-PRODUCING STATE HOPES TO "MAKE THE GRADE" IN THE GLOBAL MARKET PLACE.

WEATHER:

THAT'S IT FOR NEWS...METEOROLOGIST MIKE HOFFMAN JOINS US NOW WITH THE NATIONAL FORECAST.

BLIND SLED DOG:

A NEW HAMPSHIRE DOG KENNEL THAT TAKES IN RESCUES AND 'SECOND-CHANCE' DOGS IS ALSO HOME TO A BLIND DOG THAT LOVES TO RUN. THAT MAY NOT SOUND SO UNUSUAL. BUT THIS DOG WANTS TO RUN AS PART OF A TEAM OF SLED-DOGS!  BIANCA DAVIE FROM THE ASSOCIATED PRESS TELLS IT'S NOT BLIND AMBITION, BUT LOVE OF THE SPORT THAT KEEPS GONZO RUNNING.

POINTING DOG CHAMPS:

MEANWHILE, THE NATIONAL CHAMPIONSHIP OF BIRD DOGS HAS WRAPPED-UP IN WEST TENNESSEE. FOR MORE THAN 100 YEARS, THIS CONTEST HAS DETERMINED THE TOP POINTING DOG IN THE COUNTRY.  FIELD TRIALS ARE DESIGNED TO TEST DOGS' HUNTING SKILLS, STRENGTH AND ENDURANCE.  OVER A TWO-WEEK CONTEST, THE FINALISTS COMPETE IN PAIRS, RACING TO SEE WHO CAN FIND THE MOST QUAIL.

LEGACY:

IT'S NEVER TOO SOON TO START PLANNING THE LEGACY OF YOUR OPERATION. EVEN IF IT MEANS CHANGING UP YOUR CROP AND LIVESTOCK MIX WITH A SPLASH OF AQUACULTURE. NATIONAL REPORTER TYNE MORGAN INTRODUCES US TO ONE TEXAS FAMILY, WHOSE ABILITY TO NAVIGATE IN UNCHARTED WATERS IS HELPING THEM BECOME THE NUMBER 2 CATFISH PRODUCERS IN THE LONE-STAR STATE.

TRACTOR TALES:

TRACTOR TALES THIS WEEK TAKES US TO THE PACIFIC NORTHWEST.

CHURCH SALUTE:

TODAY'S COUNTRY CHURCH SALUTE GOES TO CADMUS PRESBYTERIAN CHURCH IN CADMUS, MICHIGAN. WHEN THE ORIGINAL CHURCH WAS ORGANIZED IN 1843, IT WAS KNOWN AS DOVER PRESBYTERIAN. THE NAME CHANGED AGAIN IN 1902 TO FIRST PREBYTERIAN WHEN THE CHURCH BUILDING WAS CONSTRUCTED. REVERAND DENNIS LADD CURRENTLY LEADS THE CONGREGATION. OUR THANKS TO CHURCH MEMBERS CINDY TAYLOR AND JOYCE POTTS FOR SHARING THEIR CHURCH HISTORY.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG...FOR THAT, WE TURN THINGS OVER TO JOHN PHIPPS.

 

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


 

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