AgDay Daily Recap - May 24, 2018

May 24, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
MAY 24, 2018

HEADLINES

AS GRILLS HEAT UP, IT'S A HEFTY AMOUTN OF BEEF AND PORK IN FREEZERS THAT'S A REALITY TODAY AS DRYNESS GRIPS THE SOUTHERN PLAINS< WE'VE HAD PROBABLY ABOUT AN INCH AND A QUARTER SINCE JANUARY. > COTTON FARMERS ARE WORRIED ABOUT THEIR CROP  EVEN POPPING OUT OF THE GROUND THIS YEAR.  IN AGRIBUSINESS, AS VOLATILITY TURNS UP, EVERY  PENNY MOVE COUNTS.  <ALL THESE THINGS HAVE CREATED NEW OPPORTUNITIES FOR THE FARM> AND A WISCONSIN TOWN CELEBRATES ITS CHEESE  HERITAGE - WITH PLENTY TO BOAST ABOUT. AGDAY - BROUGHT TO YOU BY THE CHEVY SILVERADO, THE MOST  DEPENDABLE, LONGEST-LASTING FULL SIZE PICKUPS ON THE ROAD. 

CHINA/U.S. TRADE RELATIONS
GOOD MORNING I'M TYNE MORGAN, IN FOR CLINTON GRIFFITHS. JUST AS MANY IN AGRICULTURE AND IN THE  COMMODITY MARKETS GOT COMFORTABLE WITH A  POSSIBLE U-S CHINA TRADE TRUCE AND TRADE  AGREEMENT FRAMEWORK, THE PRESIDENT RIPPING  THAT SECRUITY BLANKET OUT FROM THE INDUSTRY,  WITH A TWEET WEDNESDAY MORNING.  THE PRESIDENT TWEETING, QUOTE "OUR TRADE DEAL  WITH CHINA IS MOVING ALONG NICELY, BUT IN THE END,  WE WILL RPOBABLY HAVE TO USE A DIFFERENT STRUCUTR EIN THAT THIS WILL BE TOO HARD TO GET  DONE AND TO VERIFY RESULTS AFTER COMPLETIION." THE TWEET' COMES AS FARM JOURNAL WASHINGTON  CORRESPONDANT JIM WIESEMEYER REPORTS  THE PRESIDNET ISN'T PLEASED WITH CHINA TRADE TALK  DEVLEOPMENTS. THE PRESIDENT SAID THE DEAL HAS A LONG WAY TO  GO. BU THE DID ADD THAT HE WANTS THE TALKS TO GO  FAIRLY QUICKLY. WHILE THE BEEF INDUSTRY HOLDS OUT HOPE THAT  CHINA WILL GROW IT'S APPETITIE FOR U-S BEEF, BEEF SUPPLIES ARE GROWING HERE AT HOME. MEMORIAL DAY WEEKEND MARKS THE UNOFFICIAL  START TO SUMMER. AND THAT MEANS GRILLS WILL BE  FIRING UP ACROSS THE COUNTRY. IT'S SOME ANALYSTS SAY, IT'S THAT ADDED DEMAND THAT REALLY NEEDS TO HEAT UP, AS THE AMOUNT OF  BEEF IN FREEZERS CONTINUES TO GROW. HEADING INTO GRILLING SEASON, U-S DEPARTMENT OF AGRICULTURE'S LATEST COLD STORAGE REPORT SHOWS THE AMOUNT OF PRODUCT IN FREEZERS AS OF  APRIL REMAINS HIGH.  USDA SAYS TOTAL RED MEAT SUPPLIE IN FREEZERS  CREPT  UP 4 PERCENT FROM LAST MONTH AND 7 PERCENT HIGHER THAN LAST YEAR. BEEF IN FREEZERS ROSE 2 PERCENT FROM MARCH. AND JOE VACLAVIK SAYS THE MARKET COULD USE ALL THE DEMAND IT CAN GET RIGHT NOW. <I THINK A LOT OF TRADERS ARE EXPECTING THE LARGEST POST MEMORIAL  DAY KILLS IN QUITE A FEW YERAAS, DESPITE THE STRONG DEMAND, CASH  CATTLE MARKET HAS BEEN SOFT, WE TRADEED CASH CATTLE AT 117 EARLY  LAST WEEK, THEN DRIFTED DOWN INTO THE 112 REGION AND 11 TRADE LATE LAST WEEK.S O DESPTIE THE STRONG STILL SOME WEAKNESS IN TEH  CASH MARKET. > THE NEXT CATTLE ON FEED REPORT IS SET FOR FRIDAY.  

COLD STORAGE
MEANWHILE, THE COLD STRAGE REPORT SHOWS PORK  BELLIES SHOT UP 9 PERCENT, BUT A 93 PERCENT FROM  LAST YEAR'S DEPLETED STOCKS.  AND POULTRY IN FREEZERS ALSO TICKED HIGHER, UP 2  PERCENT FORM LAST MONTH AND 7 PERCENT FROM  LAST YEAR.  IT'S TURKEY SUPPLIES THAT CARRED THAT, AS TOTAL  STOCKS OF CHICKEN ACTUALLY A DECLINED A  PERCENT.  AND BUTTER STOCKS , INCREASED 12 PERCENT FROM  LAST MONTH AND 5 PERCENT FROM A YEAR AGO.  

BUTTER DEMAND
MEANWHILE, BETTER BUTTER DEMADN IS HELPING FONTERRA RAISE IT'S MILK PRICE FORECAST. NEW ZELAND'S FONTERRA COOPERATE SAYS AS INCREASED DEMAND IS COMING INTO PLAY, THE  COOPERATE INCREAESD ITS 2017 TO 2018 FARMGATE  PRICE BY 20 CENTS.  

THAILAND ENDING U.S. PORK BAN
MEANWHILE, CONGRESS IS URGING THAILAND TO END ITS BAN ON U-S PORK.  A BIPARTISAN LETTER SIGNED BY 44 HOUSE OF REPRESETNATIVE MEMBERS FOR U-S TO SUSPEND  SOME OF HTE DUTY-FREE TRADE WITH THAILAND IF THE  COUNTRY DONES'T REMOVE THE BARRIER.  JUST LAST WEEK, THE U-S TRADE REPRESENTATIVE'S  OFFICE AGREED WITH THE NATIONAL PORK PRODUCERS  FEDERATION TO REVIEW WHAT'S CALLED THE  GENERALIZED SYSTEM OF PREFERENCES WITH  THAILAND, WHICH IS A PROGRAM TO HELP PROMOTE  TRADE AND ECONOMIC GROWTH WITH DEVELOPING COUNTRIES.  UNDER THE PROGRAM, THE U-S COULD REMOVE HTE  PROGRA IF IT FAILS TO ALSO PROVIDE THE U-S WITH  REASONABLE MARKET ACCESS.  

TEXAS COTTON
IT'S A FRESH LOOK AT THE U-S DROGHT MONITOR THAT'S OUT LATER THIS MORNING. AND IT'S A DIRE SITUATION PLAYING OUT ACROSS  TEXAS FIELDS. FROM THE PANHANDLE OF THE STATE TO  THE SOUTHERN PLAINS, DRYNESS IS GRIPPING THE  AREA,  AS MOTHER NATURE IS CUTTING OFF MOISTURE  TO AN AREA WHERE RAINFALL IS NORMALLY SPARSE.  .  IT'S SO DRY. I MEAN THERE'S NO MOISTURE ANYWHERE YOU CAN LOOK> SEVERE DRYNESS IS DAMPENING MOODS AND  OUTLOOKS ACROSS THESE BARREN FIELDS.    <YOU CAN'T PLANT IN THAT AND EXPECT ANY SEED TO GROW IN THAT> IT'S A STARK REALITY FOR DRY FIELDS THAT COTTON  HAS CLAIMED. GOIN INTO THIS YEAR JUST LIKE LAST YEAR I'LL BE 100 PERCENT  COTTON. DESPITE DRYNESS, COTTON REMAINS KING IN WEST  TEXAS.  WE THINK WE'RE GOING TO BE SOMEWHERE AROUND FOUR  POINT SIX MILLION FOUR POINT SEVEN MILLION ACRES WHICH WILL BE  ABOUT THE MOST COTTON THAT'S EVER BEEN PLANTED IN THIS AREA IN MODERN TIMES. > BUT AS DRYNESS PERSISTS, ADAMS SAYS IT COULD EAT  INTO WHAT'S PRODUED.  < I DO THINK THE ACRES WILL GET PLANTED, PARTICULARLY IF THEY GET A  PLANTING RAIN, I JUST THINK THE QUESTION THERE IS DO WE CONTINUE TO  GET RAIN THROUGHOUT THE GROWING SEASON. >IT'S THAT RAIN THAT'S BEEN IN SCARCE SUPPLY ALL  WINTER. WE'VE HAD PROBABLY ABOUT AN INCH AND A QUARTER SINCE  JANUARY. HE LATEST U-S DROUGHT MONITOR SHOWS NEARLY 13  PERCENT OF THE STATE IS FACING EXTREME  DROUGHT.. AND 4 POINT 6 PERCENT IS SEEING  EXCEPTIONAL DROUGHT.. MOST OF THOSE EXTREME  CONDITIONS PARKED IN WEST TEXAS AND THE PANHANDLE.  ARTHUR SAYS AS THE SCARS OF THE DROUGHT CUT  DEEP, IT'S A STARK RESEMBELENCE OF 2011.  HAT WAS PROBABLY THE WORST DROUGHT THAT I HAD EVER SUFFERED. WE THOUGHT THAT WE COULD TAKE OUR IRRIGATION AND MICRO  CROP. MOTHER NATURE TOLD US WE COULDN'T > WHILE IT MAY LOOK AND FEEL LIKE 2011 FOR THOSE LIVING IN TEXAS, USDA METEOROLGIST BRAD RIPPEY  SAYS IT'S HINTS OF RAINS THAT BEAR A STRONGER  RESEMBELENCE TO 1995 TO 1996.   "BOTH OF THOSE YEARS FEATURED VERY PUNISHING, SHORT-LIVED  DROUGHTS THAT REALLY LASTED 6 OR 7 MONTHS, BUT HAD A HUGE IMPACT  ON THE WINTER WHEAT CROP IN THE SOUTHERN PLAINS," SAID RIPPEY.  "BUT IF YOU GO BACK 1996 AND LOOK AT THE EVENTUAL OUTCOME, WE  ENDED UP GETTING SOME GOOD RAINS STARTING IN MAY THAT CONTINUED  ON THROUGH THE SUMMER, .SO IT TURNED OUT TO BE A GODO YEAR FOR EXAMPLE FOR COTOTN IN TEXAS. HE SAYS THE HOPE IS HIGH THAT THOSE RAINS WILL BE  ENOUGH TO SALVAGE THE SUMMER CROPS THESE  FARMERS ARE PREPARING TO PLANT.  BUT FOR LLOYD, HE'S NOT TAKING ANY CHANCES, AS  2011 IS FRESH IN HIS MIND.   WE'RE SEEING A LOT OF THINGS SIMILAR TO THAT YEAR BUT  WE'RE NOT GOING TO TRY TO MAKE THE SAME MISTAKES. > HE SAYS THOSE MISTAKES CAME WITH VALUABLE  LESSONS… <THE APP THAT I CONTROL ALL OF MYU PIVOTS OFF OF> AS HE LEARNED HOW TO BETTER CONSERVE THIS  AREA'S MOST VALUABLE RESOURCE.  <IN 2011 I STRATED USUALLY PRE WAERING IN MARCH, SOME TIME ABOUT NOW THAT MOR THAN I HAD APPLIED OT THE GROUND HAD ALREADY  LEFT. WE HAD EXTEREMELY LOW HUMITY DAYS, HIGH WINDS AND IT JUST  PULLED THT MOISTURE OUT OF HTEP ROFILE,. THIS YEAR WE'RE STARTING A LITTLE LATER> IT'S IRRIGATION THAT CAN BE A LIFELINE FOR THESE  CROPS. WE MANAGE OUR WATER AS BEST WE CAN TO SUPPLEMENT  THE RAINFALL THAT WE HAVE. BUT WHEN YOU DON'T HAVE THE RAINFALL IT  MAKS THINGS TOUGH. > WHIEL THE INDSUTRY CELEBRATES RISING PRODUCTION AND GROWING DEMAND, TEHSE SOUTHERN PLAISNF ARMERS ARE HOPING THE 2018  CROP GETS A CHANCE TO GROW AT ALL.  IT'S THE LACK OF RAIN THAT MEANS FARMERS DON'T  HAVE MANY WEATHER DISRUPTIONS THIS YEAR.  USDA SHOWS 43 PERCENT OF THE CROP IS PLANTED IN  THE LONE-STAR STATE, 10 POITNS AHEAD OF  AVEREAGE.  LOOKING AT OTHER STATES FACING DROUGHT, USDA  SAYS 30 PERCENT OF THE CROP IS IN THE GROUND IN  KANSAS, A 17 POITN JUMP FROM AVERAGE.  OKLAHOMA HAS 40 PERCENT OF THE CROP PLANTED,  UP 14 POINTS. 

CROP COMMENTS
LET'S TURN TO MIKE HOFFMAN FOR CROP COMMENTS....HE'S CHECKING ON PROGRESS IN THE  KEYSTONE STATE, MIKE. GOOD MORNING TYNE. E'LL BEGIN IN PENNSYLVANIA WHERE WET CONDITIONS HAVE BEEN KEEPING CORN GROWERS OUT  OF THE FIELDS. "NASS" SAYS CORN PLANTING REACHED JUST 35- PERCENT THIS WEEK. THE FIVE YEAR AVERAGE FOR  THIS WEEK IS TYPICALLY 64-PERCENT PLANTED. . NASS ALSO SAYS MOST OF THE STATE'S APPLE AND PEACH CROPS ARE IN FULL BLOOM. NOW TO MONTANA - A BIG GROWER OF BARLEY.   72- PERCENT OF THE BEER INGREDIENT IS PLANTED. IT'S  USUALLY 92-PERCENT BY NOW. 31-PERCENT HAS EMERGED. THAT'S HALF OF THE FIVE  YEAR AVERAGE. AND TAKE A LOOK AT THE WIND SPEED FORECASTING SEE THE NORTHERN PLAINS AS WE START OFF TODAY WE'LL HAVE SOME AREAS OF A FAIRLY GOOD WIND SPEED THAT'LL INCREASE A LITTLE BIT INTO THE NORTHERN MISSISSIPPI VALLEY A FEW OTHER SPOTS ACROSS THE COUNTRY AS YOU CAN SEE NOT A LOT AS WE START THE DAY TOMORROW BUT AS WE GO THROUGH THE AFTERNOON WE'LL SEE A PICKUP FROM NEW ENGLAND ACROSS THE GREAT LAKES AND PARTS OF THE SOUTHWEST. WE'LL HAVE YOUR FORECAST COMING UP BUT FIRST HERE ARE SOME HOMETOWN TEMPS​

TEASE
STILL TO COME, WHILE SOME MAY NOT BLINK AT PENNY  MOVES IN THE MARKET, BUT TO A FARMER'S BOTTOM  LINE, EVERY PENNY COUNTS. THAT'S ANALYSIS.  IN OUR DROVERS REPORT WE DISCUSS WHY CATTLE  FEEDERS ARE AGGRESSIVING SELLING RIGHT NOW. AND WE'RE OFF TO WISCONSIN - A STATE KNOWN FOR  ITS CHEESE. WE'LL VISIT ONE SPECIFIC TOWN THAT HAS BRAGGING  RIGHTS LIKE NO OTHER. DETAILS AS WE HEAD IN THE COUNTRY.

FLOOR OF THE CME
IN AGRIBUSINESS, ANOTHER OF GREEN FOR MANY AG COMMODITIES. TO FIND OUT WHY, LET'S HEAD TO THE  FLOOR OF THE CME.  TODAY THE SOYBEANS WERE UP AGAIN. IT SEEMS THAT THE TRUCKERS STRIKE IN BRAZIL CONTINUES AND THAT'S GIVING OUR MARKET A LITTLE BIT OF A LAUGH. WE'VE BEEN LOOKING FOR A LITTLE SHOT IN THE ARM AS IT WERE. PLUS THE REMOVAL OF THE CHINESE TARIFF THREAT HAS REALLY SENT THE MARKET A LITTLE BIT HIGHER AND NOW YOU KNOW IT'S STARTING TO GET UP A LITTLE BIT MORE OF A HEAD OF STEAM. CORN WAS ALSO HIGHER. AND THESE ARE NEW HIGHS AND THEY'RE LIKE REALLY SHOWING THAT THE MARKET HAS A LOT MORE STRENGTH AND EXPORTS REMAIN REALLY STRONG IN THE CORN SECTOR. AND NOW THERE'S LIKE A LOT OF NON-COMMERCIAL WE'RE ALSO BUYING AND SO THEY'RE REALLY MAKING BETS TO THE UPSIDE AND IT'S REALLY KIND OF LIKE BOOSTING SOME OF THE CORN FUTURES WHEAT WAS ALSO FARM WE FINALLY WERE ABLE TO COME BACK A LITTLE BIT THIS HIGH VOLATILITY HAS THE TREND TO THE UPSIDE. THANK GOODNESS BECAUSE THE WHEAT HAS BEEN SO CHOPPY LATELY WE WEREN'T SURE EXACTLY WHICH WAY IT WAS GOING TO GO. BUT THE BIG VOLUME THE BIG VOLATILITY AND THE WIDE RANGE IS OVER THE LAST COUPLE OF DAYS MADE US A LITTLE UNSURE AS TO WHICH WAY THEY WERE GOING TO GO. THAT'S ALL FROM THE FLOOR AT THE CME GROUP HERE IN CHICAGO AND VIRGINIA MCGATHEY

AGRIBUSINESS
<HERE NOW WITH JARROD CREED JARROD. WHEN WE LOOK AT THESE  MARKETS. WE'VE SEEN SOME VOLATILITY ENTER BACK INTO THESE  MARKETS BOTH THE GOOD IT AND A BAD THING. BUT WHEN YOU SEE YOU KNOW WE'VE BEEN SO FOCUSED ON TENCENT IT 20 CENT MOVES IN  SOME OF THESE MARKETS. BUT YOU WILL GET THE CORN MARKET. I MEAN  EVERY PENNY REALLY MATTERS WHEN IT COMES TO FARMERS BOTTOM LINE RIGHT NOW. ABSOLUTELY. IT'S BEEN A TOUGH COUPLE OF YEARS RIGHT.  RIGHT. CERTAINLY THINGS LOOK TO BE CAUTIOUSLY OPTIMISTIC IS THE  WORD I'VE BEEN TRYING TO USE HERE LATELY IT'S RELATIVELY EASY TO BE FRIENDLY ON A FUNDAMENTAL STANDPOINT IF YOU'RE LOOKING AT POTENTIAL  NEW CROP CARRY OUTS AND SOME OF THE PLANTING CONCERNS AND  MAYBE NOT QUITE PERFECT WEATHER IN BRAZIL FROM THE START OF THIS OR FREENODE CORN CROP TO THE FINISH. ALL THESE THINGS HAVE CREATED  NEW OPPORTUNITIES FOR THE FARM. AND YOU KNOW YOU REWIND THE  CALENDAR A GOOD SIX MONTHS AGO. I THINK WE STARTED BOOKING INPUTS FOR THE 2018 CROP MAYBE NOT MUCH BUT SLIGHT DECREASES  FROM THE YEAR BEFORE COST PRODUCTION. AND I LIKE TO THINK THAT  MOST GUYS ARE OFF TO A BETTER START THIS YEAR THAN THEY WERE LAST YEAR AS WELL. SO THE OPTIMISM AROUND WHAT THE PRODUCTION  POTENTIAL IS COUPLED WITH DECEMBER FUTURES FOR 24 25 POTENTIALLY  COMING AROUND SOON AND YOU LOOKING OUT AT THE SUMMER DEFERRED MONTHS OF 430 440. THOSE OPPORTUNITIES HAVEN'T BEEN  HERE FOR QUITE SOME TIME AND I THINK THOSE HAVE GOT TO BE STARTED  TO BE TAKEN ADVANTAGE OF. KEEP IN YOUR TOES IN THE WATER. EVERY  PENNY MATTERS YOU KNOW YOU THINK ABOUT A GUY THAT GIRLAND  200000 BUSHEL OF CORN 2000 BUCKS EVERY PENNY YOU GOT TO START STACKING THOSE UP OVER TIME. BUT HOW ARE FARMERS ATTITUDES RIGHT  NOW. I MEAN WE HEAR SOME RED RHETORIC IN THE MEDIA POSSIBLY  WE'RE GOING TO SEE DOLLAR CORN AND WE SEE SOME OF THIS. SO RIGHT NOW GOING INTO THIS PLANTING SEASON HOW DO YOU THINK FARMERS  ATTITUDES ARE I'M GOING TO TELL YOU THAT ANY BUSINESS SAVVY  MINDED PRODUCER THINKS THAT A DEAL OR KUEHN INDIVIDUALS A FOOL. THAT'S NOT WHAT WE NEED IN TODAY'S MARKETPLACE. WHAT HAS THAT  GOT US THE LAST COUPLE OF YEARS. AND IF YOU'RE THAT WORRIED ABOUT  THAT MAKE SURE YOU'RE EDUCATED ON WHAT YOUR OTHER TOOLS ARE OUT  THERE MAKE SURE YOU UNDERSTAND YOUR SIMPLE MINIMUM PRICE  STRATEGIES TO EMPLOY IN A WHAT IF MARKET. ALL RIGHT GERRI THANK YOU SO MUCH. WE APPRECIATE IT. STAY WITH US. WE HAVE A CHECK OF  WEATHER HERE ON AGDAY NEXT0> 

WEATHER
WELCOME BACK TO AGDAY. TIME NOW TO CHECK WEATHER WITH METEOROLOGIST MIKE HOFFMAN. MIKE THE LATEST CROP PROGRESS REPORT SHOWED OUR FRIENDS IN THE EAST LIKE PENNSYLVANIA AREA I CAN THINK WERE 30 POINTS BEHIND NORMAL WHEN IT COMES TO CORN PLANTING. THEY NEED TO DRY OUT. YEAH NO DOUBT IN A LOT OF THE EASTERN CORN BELT DOES. GOOD NEWS AT LEAST FOR NOW IS HIGH PRESSURE DOMINATING THAT ENTIRE AREA. NOW WHETHER IT LAST LONG ENOUGH TO HELP SOME OF YOU GUYS THAT'S THE BIG QUESTION BUT IT IS GOING TO LAST FOR A LITTLE WHILE. HIGH PRESSURE FROM THE CENTRAL MISSISSIPPI VALLEY INTO THE EASTERN GREAT LAKES AND NORTHEAST KEEPING A CHANCE FOR RAIN DOWN TO A MINIMUM STATIONARY FRONT IN THE SOUTH THE SOUTHERN PLAINS WILL BE THE FOCUS FOR AFTERNOON SHOWERS AND STORMS AND ALSO A FEW AREAS UP ACROSS THE NORTHERN PLAINS WE'LL SEE SOME SHOWERS AND THUNDERSTORMS AS WELL AN AREA OF LOW PRESSURE IN THAT NORTHERN CALIFORNIA A FEW AFTERNOON VARIETY SHOWERS AND THUNDERSTORMS POPPING UP THERE AS WELL. YOU CAN SEE NOTHING IS REALLY WIDESPREAD AS WE HEAD THROUGH THIS AFTERNOON THEN THINGS KIND OF CALMED DOWN AGAIN AS WE HEAD THROUGH THE NIGHTTIME HOURS TONIGHT AND INTO THE DAY TOMORROW. WE'LL STILL SEE SOME ACTIVITY IN THE NORTHERN MISSISSIPPI VALLEY NORTHERN GREAT LAKES AND A LITTLE BIT IN THE SOUTHEAST IT DOES POP UP A LITTLE BIT BETTER AS WE LOOK AT THE SOUTHEAST. NOW ALL OF THIS WILL BE VERY MUCH HIT AND MISS. NOT NEARLY AS WIDESPREAD AS OUR COMPUTER MODEL IS SHOWING HERE ACROSS THE CENTRAL MISSISSIPPI VALLEY INTO THE SOUTHEAST AND ALSO UP INTO THE EASTERN OHIO VALLEY. I REALLY THINK MOST OF THAT AREA PROBABLY STAYS DRY ONCE AGAIN AS WE HEAD THROUGH THE AFTERNOON HOURS TOMORROW AND WILL BE A LITTLE BIT MORE ACTIVITY THERE IN CENTRAL AND NORTHERN CALIFORNIA AND NEVADA PARTS OF SOUTHEASTERN OREGON PASSED 24 HOURS PRECIPITATION ESTIMATE. A LOT OF IT'S BEEN IN THE SOUTHEAST SOME SPOTS IN THE SOUTHERN MISSISSIPPI VALLEY WILL ADD SOME MORE IN THOSE AREAS AS WELL IN FACT OUR COMPUTER MODELS SHOWING A DECENT AMOUNT. PARTS OF PANHANDLE OF FLORIDA INTO SOUTHERN GEORGIA SOUTHERN ALABAMA A FEW POCKETS. NORTHERN MISSISSIPPI VALLEY AND A FEW POCKETS IN OREGON SOUTHWARD AND CHECKING OUT TEMPERATURES THIS AFTERNOON IT IS WARM THROUGH THE MIDDLE OF THE COUNTRY. COMFORTABLE MOST OF THE WEST AND THAT COMFORTABLE IN THE NORTHEAST ADDING TO OR LOOKING AT TONIGHT AND WE'LL SEE A FAIRLY MUGGY. FROM OMAHA SOUTHWARD IN THROUGH THE SOUTHEAST COMFORTABLE IN THE GREAT LAKES IN THE NORTHEAST AS WELL AS THE ROCKIES AND THEN YOU COULD SEE TOMORROW THE HEAT JUST CONTINUES THERE WILL BE SOME AREAS OF 90S EVEN SHOWING UP IN A FEW SPOTS. TEXAS INTO OKLAHOMA. NOW CHECKING OUT THE JET STREAMING SEE THE REASON FOR THAT. THE BIG RIDGE IN THE MIDDLE OF THE COUNTRY. THAT DOES GET KNOCKED DOWN A LITTLE BIT IN THE NORTHERN TIER OF STATES AS WE HEAD THROUGH THIS HOLIDAY WEEKEND AND IT BUILDS BACK UP AGAIN AS A CUTOFF COMES OUT OF THE SOUTHWEST CUT IN THE SOUTHWEST HAS A CHANCE OF BRINGING SOME MOISTURE TO PLACES IT COULD REALLY USE IT. THAT IS NO DOUBT ABOUT THAT. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL A HEAD TO OGDEN UTAH PARTLY SUNNY AND WARMER TODAY A HIGH OF 82 DEGREES CEDAR RAPIDS IOWA. WARM AND HUMID A MIX OF SUAND CLOUDS HIGH OF 88 AND ANNAPOLIS MARYLAND LOTS OF SUNSHINE. VERY NICE. HIGH OF 78 DEGREES​>

TEASE
UP NEXT - OUR PARTNERS FROM DROVERS CHECK IN WITH A LOOK AT CATTLE FEEDERSAND WE VISIT A WISCONSIN TOWN THAT PRIDES ITSELF  ON CHEESE PRODUCTION....AS IT SHOULD. IT'S HOME TO  SOME OF THE BIGGEST NAMES

DROVERS TV
IN NEWS FROM OUR PARTNERS AT DROVERS - DESPITE DECLINING CASH CATTLE PRICES, CATTLE FEEDERS  HAVE REMAINED AGGRESSIVE SELLERS, AND THAT MAY  PROVIDE SOME PRICE SUPPORT FOR LATER THIS  SUMMER. . LAST WEEK'S CATTLE SLAUGHTER HIT ABOUT 660- THOUSAND HEAD. DROVERS EDITOR GREG HENDERSON   SAYS THAT WOULD BE THE LARGEST OF ANY WEEK IN  FIVE YEARS! <  "CATTLE FUTURES HAVE STRUGGLED RECENTLY, AND THAT HAS CREATED  A WIDE BASIS – THE DIFFERENCE BETWEEN THE CURRENT CASH PRICE AND JUNE LIVE CATTLE. THE WIDE BASIS IS FAVORABLE TO CATTLE  OWNERS, AND HAS ENTICED FEEDYARDS TO AGGRESSIVELY MARKET CATTLE  AT AN IMPRESSIVE RATE. PACKERS ARE ALSO WILLING BUYERS, AS THEIR  PROFITS ARE ABOUT $200 PER HEAD."> ANALYSTS ALSO TELL HENDERSON THAT AGGRESSIVE MARKETING OF CATTLE HAS WORKED TO LOWER DRESSED STEER WEIGHTS. USDA REPORTED THOSE  DRESSED WEIGHTS AT 849 POUNDS THE WEEK OF MAY  12, WHICH IS NEARLY SIX PERCENT BELOW THE 900  POUNDS REPORTED THE FIRST WEEK OF JANUARY. 

TEASE
UP NEXT - IF YOU ENJOY CHEESE, THERE'S ONE TOWN YOU HAVE TO VISIT THIS SUMMER. WE'LL HELP YOU PLAN YOUR ROADTRIP NEXT ON  AGDAY. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS,  UTILILTY VEHICLES, MOWERS AND MORE.  VISIT KUBOTA.COM TODAY. ) THE STATE OF WISCONSIN LEADS THE NATION IN  CHEESE PRODUCTION. IT'S NO CONTEST. LAST YEAR IT  PRODUCED THREE-POINT-FOUR BILLION POUNDS.  CALIFORNIA IS ABOUT A BILLION POUNDS BEHIND THAT. . BUT WHAT YOU MIGHT NOT KNOW IS THAT ONE  WISCONSIN TOWN IN PARTICULAR HOLDS THE  BRAGGING RIGHTS FOR MUCH OF THE CHEESE. IN THIS VIDEO PROVIDED BY THE DAIRY FARMERS OF WISCONSIN, WE HEAD TO PLYMOUTH - WHERE THE  STATE'S CHEESE HERITAGE IS CELEBRATED. ( AFTER NEARLY FOUR YEARS IN DEVELOPMENT, THE PLYMOUTH CHEESE  COUNTER AND DAIRY HERITAGE CENTER IS NOW OPEN TO THE PUBLIC! "IT'S WONDERFUL TO HONOR THE HISTORY OF CHEESE MAKING IN THE CITY  OF PLYMOUTH. AS YOU KNOW, 15 PERCENT OF THE NATION'S CHEESE  COMES THROUGH PLYMOUTH; HARD TO BELIEVE I KNOW, BUT WE DO  HAVE FOUR OF THE MAJOR COMPANIES; SARTORI, GREAT LAKES CHEESE,  MASTERS GALLERY, AND SARGENTO." BILLING ITSELF AT THE CHEESE CAPITOL OF THE WORLD, THE CENTER IS A  GREAT DESTINATION TO LEARN ABOUT THE HISTORY OF CHEESEMAKING IN  THE AREA AS WELL AS ENJOY SOME OF WISCONSIN'S AWARD-WINNING  CHEESES. "15% OF ALL THE CHEESE CONSUMED MOVES THROUGH PLYMOUTH,  WISCONSIN; THIS TOWN OF 8,000-SOME PEOPLE. AND THERE'S NO OTHER COMMUNITY OR CITY ANYWHERE IN THE WORLD THAT HAS THAT KIND  OF IMPACT IN THAT MUCH CHEESE." LEE'S FATHER STARTED SARGENTO FOODS, AND ALSO OWNED A GIFT SHOP  CALLED THE CHEESE COUNTER, WHICH IS WHERE THEY GOT THE NAME  FOR THE MUSEUM AND HERITAGE CENTER. "IT WAS JUST A WAY OF RECOGNIZING WHAT A REMARKABLE IMPACT  CHEESE HAS HAD ON THE CITY OF PLYMOUTH." FROM INTERACTIVE TRIVIA…TO A SELFIE STATION…AND A TIMELINE THAT  SHOWS THE HISTORY AND IMPACT OF CHEESEMAKING TO OUR STATE; THE  DAIRY HERITAGE CENTER IS A GREAT DESTINATION FOR VISITORS OF ALL  AGES TO LEARN HOW CHEESE HAS BECOME THE BUSINESS FOUNDATION  OF PLYMOUTH. AND WHILE YOU'RE THERE, YOU CAN ENJOY A GRILLED CHEESE SANDWICH MADE WITH WISCONSIN SPECIALTY CHEESES! "WE ARE THE 'CHEESE CAPITAL OF THE WORLD' AND SO THAT IS WHAT  WE'RE TRYING TO DO IS PROMOTE THAT. THAT THIS IS WHERE IT'S AT!" AND THAT'S WISCONSIN DAIRY NEWS. ) SPEAKING OF DAIRY, JOIN US TOMORROW AS WE SHOW YOU THE FACE BEHIND THE COVETED GLASS OF MILK AND INTRODUCE YOU TO THIS YEAR'S INDY  500 MILKWOMAN. 

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE  A GREAT DAY. 

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