Jul 13, 2014
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THIS WEEK ON U.S. FARM REPORT

EPISODE # 2073

MAY 4-5, 2013   

 

 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. THE WORST PART ABOUT PLANTING DELAYS IS HOW EVERY DAY BRINGS YOU CLOSER TO LIVING A COUNTRY MUSIC SONG. YOU KNOW THE ONE ABOUT HOW ALL THE GIRLS GET PRETTIER ABOUT CLOSING TIME. WELL, SUDDENLY ALL THE FIELDS LOOK A LITTLE READIER AS MAY SLIPS AWAY. THEN YOU WAKE UP AND FIND YOU'VE PLANTED INTO A BED OF COMPACTED CLODS OR SQUISHY MUD. IT TAKES A LOT OF FORTITUDE TO AVOID PREMATURE TILLING AND SEEDING. YOU'D THINK THE OLD HANDS WOULD BE THE ONES TO BE THE VOICES OF REASON, BUT SOME OF US HAVE EXPERIENCED A SEASON WHERE WE WAITED FOR PERFECT A LITTLE TOO LONG.  LUCKILY OUR WIVES DIDN'T.

HEADLINES:

THANK YOU, JOHN AND HELLO EVERYONE. ANOTHER WEEK IN THE RECORD BOOKS AND LITTLE PROGRESS HAS BEEN MADE IN PLANTING. THIS IS THE SLOWEST START TO CORN PLANTING IN ALMOST 30 YEARS. THE WET AND COOL START TO SPRING IS ALSO MAKING IT DIFFICULT TO KILL WINTER COVER CROPS THIS YEAR. MEANWHILE, THE WHEAT QUALITY COUNCIL CROSSED KANSAS FOR ITS ANNUAL WINTER WHEAT TOUR - AND IT WASN'T PRETTY. BEN HANDCOCK WITH THE TOUR TOLD US THE TOUR ESTIMATE CAME IN AT 41.1 BUSHELS PER ACRE. HE SAYS SEVERAL FIELDS IN THE WESTERN HALF OF THE STATE SHOWED YIELDS IN THE SINGLE DIGITS AND TEENS. HE ESTIMATES HARVEST WILL BE THREE WEEKS LATER THAN AVERAGE, WHICH MEANS SIX WEEKS LATER THAN LAST YEAR'S EARLY HARVEST. SPRING WHEAT PLANTING IS LAGGING THIS YEAR.  USDA SAYS 12% IS COMPLETED. THAT'S 25% BEHIND AVERAGE. LAST YEAR, 70% OF THE SPRING WHEAT HAD BEEN PLANTED AT THIS TIME. PROFARMER EDITOR CHIP FLORY SAYS AS MORE DELAYS OCCUR, WHEAT PRODUCERS HAVE A TOUGH DECISION TO MAKE. ARCHER DANIELS MIDLAND COMPANY ANNOUNCED THIS WEEK IT PLANS TO ACQUIRE GRAINCORP. A-D-M PLANS ON MAKING A MORE THAN 3 BILLION DOLLAR CASH OFFER TO PURCHASE THE AUSTRALLIAN BASED COMPANY. ADM CURRENTLY OWNS NEARLY 20% OF GRAINCORP'S SHARES.

CROP WATCH:

IN CROPWATCH, ALL EYES ARE ON THE "LACK-OF-PROGRESS" REPORT FROM USDA. THE YELLOW LINE SHOWS THE SHARP GAINS IN CORN PLANTING AT THIS TIME LAST YEAR WITH 49% COMPLETED. BLUE REFLECTS THE 5 YR AVERAGE. AND THE FLAT-LINED GREEN IS RIGHT NOW AT 5%. USDA SAYS THIS IS THE SLOWEST START SINCE 1984. ONE OF THE BIG REASONS FOR THE DELAYS IS UN-SPRING-LIKE WEATHER. SNOW FELL IN SOUTHERN MINNESOTA. IN SOME CASES 18 INCHES OF FRESH SNOW. WE RECEIVED THIS PHOTO FROM A VIEWER IN NOBLES COUNTY.

ROUNDTABLE:

AL TAKES OVER TO TALK MARKETS WITH TOMMY GRISAFI AND CHIP NELLINGER.

JOHN’S WORLD:

AS WE REPORTED EARLIER, TWO MAJOR SCANDALS HAVE BEEN UNCOVERED UNDER THE JURISDICTION OF THE U-S DEPARTMENT OF AGRICULTURE. THE FIRST IS A LONG-RUNNING COURT CASE AND SETTLEMENT THAT THREATENS TO DAMAGE THE CREDIBILITY OF THE DEPARTMENT AND REINFORCE TRULY UNFORTUNATE RACAIL STEREOTYPES. MEANWHILE, THE CROP INSURANCE CHEATING IN NORTH CAROLINA COULD NOT HAVE WORSE TIMING AS THE NEW FARM BILL UNDERGOES CONGRESSIONAL SCRUTINY. BOTH CASES DO HOWEVER, EXEMPLIFY GOOD REPORTING BY THE NEW YORK TIMES AND OUR OWN FARM JOURNAL, RESPECTIVELY. BUT NEWS LIKE THIS ALSO ADDS TO THE WIDELY HELD BELIEF IF THE GOVERNMENT IS INVOLVED, FRAUD AND WASTE WILL NECESSARILY BE INVOLVED. THERE IS A PERENNIAL CALL TO SOLVE OUR FEDERAL FUNDING PROBLMS BY ELIMINATING WASTE AND FRAUD. GOOD LUCK WITH THAT. JUST LIKE OUR OWN PERSONAL BUDGETS, EXPECTING 100% EFFICIENCY IS UNREALISTIC. THE FRAUD RATE FOR CROP INSURANCE IS ABOUT 4%, FOR EXAMPLE. TO COMPARE THE FRAUD RATE FOR MEDICARE PAYMENTS IS ABOUT 4%. FOR AUTO INSURANCE CLAIMS, IT COULD BE AS HIGH AS 16%. BUT THE PRIZE FOR FRAUD HAS TO GO TO OUR INCREASINGLY GRAY ECONOMY - EMPLOYEES AND CONTRACTORS BEING PAID IN CASH, UNREPORTED INCOME, ETC. SUCH INCOME TAX AVOIDANCE RATE COULD BE AS HIGH AS 15 TO 20%. ALL OF THIS IS DEPRESSING STUFF, OF COURSE, BUT WHEN WE ARGUE ABOUT SOLVING OUR FISCAL PROBLEMS BY ELIMINATING WASTE AND FRAUD, WE SHOULD KEEP IN MIND 4-5% MAY BE AS GOOD AS IT GETS.

2ND HALF

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. IT'S THAT TIME OF YEAR WHEN MIKE HOFFMAN IS OUR STAR. AND JUST WHEN THE WEATHER NEWS SEEMS AS BAD AS IT COULD BE. SCIENTISTS UNVEILED THIS PHOTO OF AN ACTIVE HURRICANE WITH AN EYE OVER 1000 MILES ACROSS AND WIND SPEED OF 330 MILES PER HOUR. FORTUNATELY, THE STORM IS LOCATED OVER THE NORTH POLE OF SATURN, AND IS NOT EXPECTED TO AFFECT MAJOR GROWING AREAS. HOW COOL IS IT WHEN WE CAN GET WEATHER REPORTS FROM OTHER PLANETS? I CAN REMEMBER WHEN WE WEREN'T SURE THERE WERE ANY PLANETS OUTSIDE OUR SOLAR SYSTEM. AND WHEN PLUTO STILL COUNTED. OUR CONCEPT OF NEIGHBORHOOD SEEMS TO BE GROWING.

HEADLINES:

SNOW MADE ITS WAY ACROSS THE COUNTRY AGAIN THIS WEEK. PRIOR TO THE STORM, THE COUNTRY HAD ITS COLDEST START TO SPRING SINCE 1975. MEANWHILE, MORE THAN 400 FIREFIGHTERS ARE WORKING TO BATTLE SPRING BLAZES IN PARCHED CALIFORNIA.  THIS WILDFIRE IS IN SOUTHERN CALIFORNIA JUST EAST OF L.A.. OTHER FIRES ARE SPARKING UP IN WINE COUNTRY NORTH OF SAN FRANCISCO.  NOAA PROJECTS THE DROUGHT IN THE STATE TO INTENSIFY THROUGHOUT THE SUMMER IN THE CENTRAL AND SOUTHERN PORTIONS OF THE STATE. DETAILS OF THE LARGEST CROP INSURANCE SCANDAL IN HISTORY ARE COMING TO LIGHT. AS GRILLING SEASON GEARS UP, CATTLE FUTURES ARE SEEING GAINS. PRICES CLIMBED ON AN IMPROVING DEMAND FOR U-S BEEF. WHOLESALE BEEF PRICES HIT A SIX WEEK HIGH ABOVE 1-94 A POUND AND ITS ON TRACK FOR THE BIGGEST MONTH GAIN SINCE OCTOBER. THE UPCOMING MEMORIAL HOLDAY SHOULD CONTINUE TO HELP BOOST MEAT DEMAND. A NEW JOINT REPORT FROM THE USDA AND EPA FINDS MULTIPLE CAUSES OF HONEY BEE COLONY DECLINES.  THE FINGER CAN'T BE POINTED SOLELY AT PESTICIDES. THE AGENCIES SAY PARASITES AND DISEASE, GENETICS, AND POOR NUTRITION ARE ALSO CONTRIBUTING TO LOSS OF HONEY BEES. THEY SAY ADDITIONAL RESEARCH IS NEEDED TO DETERMINE WHICH PESTICIDES POSE RISKS.

VETS ON CALL:

THE VETERINARY INDUSTRY IS MOSTLY SPLIT. IT'S RARE THESE DAYS TO FIND AN ANIMAL DOC WHO PROVIDES CARE FOR DOGS AND CATS, AS WELL AS LIVESTOCK AND HORSES. BUT THERE ARE EXCEPTIONS. IN THIS SPECIAL REPORT WE CALL VETS ON CALL, WE HEAR FROM A VET IN COLORADO WHO KNOWS NO BOUNDS ON THE ANIMALS HE TREATS.

TEXAS OIL ROADS:

HYDRAULIC FRACTURING - OR FRACKING - HAS HELPED LEAD TO A NEW BOOM IN OIL AND NATURAL GAS EXPLORATION. BUT IT TAKES A LOT TRUCKS TO MOVE THE EQUIPMENT NECESSARY FOR THOSE OPERATIONS. THOSE TRUCKS PUT A LOT OF ADDED PRESSURE ON FARM ROADS. GENE HALL FROM THE TEXAS FARM BUREAU SHOWS US SOME OF THOSE CRUMBLING ROADWAYS...AND THE PLANS TO PAY FOR REPAIRS.

TRACTOR TALES:

AL, WHAT CLASSIC IRON DO YOU HAVE FOR US THIS WEEK?" WE'VE GOT AN INTERESTING MODEL FROM JOHN DEERE.

CHURCH SALUTE:

TODAY'S COUNTRY CHURCH SALUTE GOES TO ST. PATRICK CHURCH OF RUMA, ILLINOIS. THE CATHOLIC CHURCH WAS ESTABLISHED IN 1818, THE SAME YEAR ILLINOIS JOINED THE UNION. THAT AREA WAS ONCE KNOWN AS THE O'HARA SETTLEMENT. UPON HIS DEATH IN 1826, FAMILY PATRIARCH HENRY O'HARA BEQUEATHED 100 ACRES TO BUILD A NEW PARISH. THE CONGREGATION WORSHIPED IN A LOG CABIN FOR DECADES, UNTIL A BRICK CHURCH WAS BUILT IN 1854. IT'S STILL IN-USE TODAY. ONE OF THE BIG CHURCH GATHERINGS IS THE ANNUAL STRAWBERRY FESTIVAL WHICH WAS STARTED IN 1959. JUSTIN AND MARGARET SIMPSON SHARED THE HISTORY WITH US. OUR THANKS TO THEM. CONGRATULATIONS TO ST. PATRICK'S OF RUMA ILLINOIS - A SMALL COUNTRY CHURCH STILL GOING STRONG FOR NEARLY 200 YEARS.

MAILBAG:

TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG. HARRY WALLACE NOTICED SOMETHING IN THE BACK GROUND OF A STORY WE DID ABOUT A BEGINNING FARMER.

 

  

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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