Jul 22, 2014
Sign UpLogin

 

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2059

JANUARY 26-27, 2013  

 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. WHILE WE HAVE PLENTY OF NEWS FOR AGRICULTURE HERE AT HOME, I WAS STRUCK BY POLTICAL DEVELOPMENTS IN EUROPE THIS WEEK. BRITISH PRIME MINISTER CAMERON PROPOSED A REFERENDUM IN 2017 ON BRITISH E-U MEMBERSHIP. WHILE THIS COULD WELL BE JUST ONE OF THOSE IDEAS THAT FOUR YEARS WILL EVAPORATE, IT HAS SOME INTRIGIUING POSSIBILITIES FOR EUROPEAN AG POLICY. BRITAIN PAYS IN SOME 13 BILLION DOLLARS TO THE COMMON AG POLICY, AND THEIR FARMERS GET LESS THAN 5 BILLION BACK. STILL THAT'S NOT CHUMP CHANGE. BUT THE WINDS OF CHANGE IN AG SUBSIDIES ARE NOT JUST BLOWING THROUGH WASHINGTON, IT SEEMS. IT'S A GLOBAL BREEZE. TIME NOW FOR THE HEADLINES.....HERE'S TYNE MORGAN.

HEADLINES:

THANK YOU JOHN. AND HELLO EVERYONE. THE UN-FINISHED 2012 FARM BILL GETS NEW LIFE IN THE SENATE. SENATE MAJORITY LEADER HARRY REID INTRODUCED THE FIVE YEAR FARM BILL ON TUESDAY. IT'S THE SAME VERSION OF THE BILL APPROVED BY THE SENATE IN JUNE. FARMERS NEED TO MARK THEIR CALENDARS FOR FEBRUARY 19TH. THAT'S WHEN THE FARM SERVICE AGENCY WILL BEGIN SIGN-UPS FOR THE DIRECT AND COUNTER-CYCLICAL PAYMENT PROGRAM AND THE AVERAGE CROP REVENUE ELECTION PROGRAM. THE PROGRAMS WERE EXTENDED AS PART OF THE FARM BILL EXTENSION. ANOTHER MEMBER OF PRESIDENT OBAMA'S EXECUTIVE TEAM HAS DECIDED TO MOVE-ON. U-S TRADE REPRESENTATIVE RON KIRK ANNOUNCED THAT HE WILL LEAVE THE POST IN LATE FEBRUARY. HE'S BEEN THE TRADE AMBASSADOR FOR NEARLY FOUR YEARS. DURING HIS TENURE, CONGRESS APPROVED AND THE PRESIDENT SIGNED FREE TRADE AGREEMENTS WITH KOREA, COLOMBIA AND PANAMA. WE HAVE UPDATE INVOLVING A LAWSUIT BROUGHT AGAINST DEAN FOODS AND DAIRY FARMERS OF AMERICA. THEY WERE ACCUSED IN 2007 OF CONSPIRING TO FIX RAW MILK PRICES. D-F-A HAS NOW AGREED TO PAY 158-MILLION DOLLARS TO SETTLE THE CASE. DEAN FOODS SETTLED LAST SUMMER FOR 140-MILLION DOLLARS. THE SETTLEMENT CAME JUST AS A CLASS ACTION LAWSUIT WAS SET TO GO TO TRIAL. D-F-A SAYS IT WILL MAKE NO ADMISSION OF WRONGDOING. THAT TEETH-CHATTERING COLD THAT PARKED OVER A WIDE PORTION OF THE COUNTRY THIS WEEK IS STARTING TO EASE. CROPWISE, USDA'S JOINT AG WEATHER FACILITY SAYS MUCH OF THE POORLY ESTABLISHED HARD RED WINTER WHEAT CROP DOESN'T HAVE A PROTECTIVE SNOW LAYER, EXPOSING IT TO THE EXTREME COLD.

CROP WATCH:

CROP WATCH THIS WEEK BEGINS IN THE CORN-HUSKER STATE...

ROUNDTABLE:

IT'S TIME TO TALK MARKETS. AL IS JOINED BY GREGG HUNT AND THOMAS GRISAFI.

JOHN’S WORLD:

I WAS FOOLING AROUND IN MY WOODSHOP THIS WINTER AND DECIDED TO BUILD AN UMBRELLA STAND FOR OUR ENTRY. THE PLANS CALLED FOR A BEVELED MIRROR OF PRECISE DIMENSIONS. I HAD NO IDEA WHERE TO GET ONE, SO AS IS MY HABIT THESE DAYS, I GOOGLED BEVELED MIRRORS. LONG STORY SHORT - FOUR DAYS LATER I HAD EXACTLY THE CUSTOM MADE MIRROR IN MY HANDS FOR WHAT I THOUGHT WAS VERY RESONABLE PRICE. THIS IS ONE MORE EXAMPLE OF SOMETHING I HAVE STARTED NOTICING IN THE LAST FEW YEARS: YET ANOTHER REASON NEVER TO LEAVE HOME. THINK ABOUT IT. WE NOW WATCH TV SHOWS AND MOVIES BY DOWNLOAD FROM NETFLIX - WHICH IS A BIG DEAL WHEN THE NEATEST GOOD VIDEO STORE IS 20 MILES AWAY. NOW THROW IN THE FACT THAT AMAZON IS POSITIONING MASSIVE WAREHOUSES AROUND THE COUNTRY IN ORDER TO ACHIEVE SAME-DAY DELIVERY FOR MOST AMERICANS. WHILE I KNOW FULL WELL THAT MEANS NEXT-DAY DELIVERY FOR COUNTRY FOLKS, THAT'S STILL A BIG DEAL IN MY BOOK. SO IT'S NO SURPRISE THAT NEWS OF THE DECLINE AND FALL OF THE MALL IS ALL OVER BUSINESS SECTIONS. THIS COULD ALSO BE ONE BIG FACTOR IN THE PUZZLING DECLINE IN TOTAL VEHICLE MILES AND, AS A CONSEQUENCE, DECLINING GASOLINE CONSUMPTION. WHILE THIS POSES A SERIOUS CHALLENGE FOR ETHANOL - THE WALL COULD HIT ETHANOL RATHER THAN THE OTHER WAY ROUND - I FOR ONE DON'T MISS WASTED HOURS ON OUR GRAVEL ROADS. MAYBE THE MODERN FAD OF REMODELING OUR HOMES AND UPGRADING OUR KITCHENS WAS EERILY PREDICTIVE, BECAUSE STAYING AT HOME IS SUDDENLY BECOMING A MUCH EASIER CHOICE.

2ND HALF

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. AS I TRAVEL THIS WINTER AND SPEAK WITH PRODUCERS, I HAVE BEEN STRUCK BY THE WIDE RANGE OF EXPECTATIONS FOR 2013. OF COURSE, 2012 WAS A YEAR OF WILDLY VARYING OUTCOMES, SO PERHAPS IT IS TO BE EXPECTED. BUT I HAVE NOTICED THYE SAME FARMER CAN SEE VERY OPTIMISTIC AND VER DISMAL POSSIBILITIES IN THE FUTURE. AND IT'S DRIVING US CRAZY. THIS IS VOLATILITY FALLOUT - THE INABILITY TO EVEN BRACKET OUR HOPES AND FEARS. I AM NOT IMMUNE. I CAN PLUG IN REASONABLE NUMBERS THAT TAKE MY BREATH AWAY FOR OPPOSITE REASONS. AS A RESULT, THERE IS A TEMPTATION TO LOOK BACK TO A SEEMINGLY CALMER TIME IN OUR CAREERS. THEN I PULLED UP MY FINANCIAL RECORDS FROM 2005. I'LL TAKE NOW, THANK YOU VERY MUCH. TYNE MORGAN HAS OUR HEADLINES.

HEADLINES:

DESPITE WARNINGS FROM THE RIVER INDUSTRY, THE MISSISSIPPI RIVER REMAINS OPEN.

SOME CROPS STRUGGLED LAST YEAR, BUT OVERALL THE PEANUT CROP WAS A BIN BUSTER.
IN USDA'S LATEST CROP PRODUCTION REPORT, AVERAGE YIELDS REACHED NEARLY 42-HUNDRED POUNDS PER ACRE IN 2012. THAT'S COMPARED TO 33 HUNDRED POUNDS PER ACRE THE PREVIOUS YEAR. PEANUT GROUPS CONTINUALLY TRY TO IMPROVE CONSUMPTION, BOTH GLOBALLY AND DOMESTICALLY, TO KEEP UP WITH THE LARGE CROP. FROM PEANUTS TO PYHTONS.  IT'S ALMOST LIKE A MOVIE PLOT. AN INVASIVE SNAKE IS TAKING OVER THE FLORIDA EVERGLADES AND DECIMATING ANY LAND AND WILDLIFE IN ITS WAY.

SPIRIT OF THE HEARTLAND:

JANUARY IS THE MONTH OF NEW RESOLUTIONS. WE OFTEN VOW TO EXERCISE MORE AND EAT HEALTHIER. TO HELP YOU FULFILL THAT GOAL OF CONSUMING BETTER FOODS, YOU COULD PLANT YOUR OWN GARDEN. IF SPACE IS A PROBLEM, HOW ABOUT JOINING A COMMUNITY GARDEN? NORM HYDE FROM THE VIRGINIA FARM BUREAU HAS DETAILS.

LEGACY REPORT:

THE AG DEPARTMENT ESTIMATES THAT 70% OF U-S FARMLAND WILL CHANGE HANDS IN THE NEXT 20 YEARS.  IF A FARM FAMILY HAS NOT ADEQUATELY PREPARED TO PASS ALONG THE FARM, THOSE CHANGES COULD INCLUDE NON-FARM USE OF THE LAND.  WITH THAT IN MIND, WE ARE TAKING STEPS TO HELP FARM FAMILIES MAKE INFORMED DECISIONS ABOUT HAVING A SUCCESSION PLAN IN PLACE. WE CALL IT "LEAVE A LEGACY".

TRACTOR TALES:

I HEAR THIS WEEK'S TRACTOR ATTRACTS SOME INTERESTING COMPANY. JOHN, WE ARE IN CENTRAL MONTANA THIS WEEK FOR A CLASSIC MODEL D-C CASE.

CHURCH SALUTE:

TODAY'S COUNTRY CHURCH SALUTE GOES TO ST. ELIZABETH PARISH IN DAVIESS COUNTY, KENTUCKY. THE FIRST CATHOLICS IN THE AREA ATTENDED ST RAPHAEL. WITH A GROWING NUMBER OF CATHOLICS IN THE AREA, A NEW PARISH BECAME NECESSARY. THAT NEW PARISH WAS ST. ELIZABETHS WHICH WAS DEDICATD IN DECEMBER 1887. THE PARISH DID NOT HAVE A RESIDENT PREACHER UNTIL 1910. OUR THANKS TO LAURA BYRNE FOR SHARING THE CHURCH HISTORY. SHE SAYS HER GRANDFATHER USED TO MAKE THE COMMUNION WINE BACK IN THE 20'S.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG. FROM KENT WAGONER IN PARMA, ID.

 

 

 

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

 

 

 

 

 

 

 

 


 

MARKETS

CROPSLIVESTOCKFINANCEENERGYMETALS
Market Data provided by Barchart.com
Enter Zip Code below to view live local results:
bayer
 
 
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