AgDay Daily Recap - August 2, 2017

August 2, 2017 02:57 AM
 

TODAY ON AGDAY
AUGUST 2, 2017

HEADLINES
IN NORTH DAKOTA - NO RAIN FOR GRAIN...  "IT'S WORTH MORE IN THE BALE THAN IN THE BIN THIS YEAR." THE AG BAROMETER CREEPS  HIGHER ALL DUE TO FARMER'S POSITIVE SENTIMENTS TOWARDS THE AG  ECONOMY. IN ANALYSIS.... HOW WINTER WEATHER IS MAKING THE POTATO CROP IN IDAHO..  AND PUTTING A SHELF LINE ON A DELICIOUS PRODUCT - A WAY TO BETTER  BACON.  AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

PURDUE AG BAROMETER
GOOD MORNING I'M BETSY JIBBEN IN FOR CLINTON GRIFFITHS. ONE AG SURVEY SAYS FARMER'S PERSPECTIVES ON THE FARM ECONOMY ARE  IMPROVING TO THE HIGHEST LEVEL SINCE THE BEGINNING OF THE YEAR.  THE PURDUE AG BAROMETER REACHING UP TO A 139. THAT SURVEY OF  PRODUCER SENTIMENT IS THE HIGHEST LEVEL SINCE JANUARY 2017 AND THE  SECOND-HIGHEST LEVEL SINCE DATE-A COLLECTION BEGAN IN OCTOBER 2015.  THE RESEARCH SAYS THE PRODUCER'S  ATTITUDE TOWARDS THE AG ECONOMY  HAS IMPROVED FROM A YEAR AGO WHEN IT WAS HOVERING IN THE MID 90S AND  LOW 100S.  PURDUE RESEARCHERS SAY THE RISE IS DUE TO THE OPTIMISM THAT PRICES  COULD GO HIGHER BECAUSE OF DETERORIATING CROP CONDITIONS DUE TO  WEATHER AND THE HOPE PRICES WILL RISE HIGHER BECAUSE OF IT.  "IN THE JULY SURVEY, WE'VE SEEN A HIGH SHARE OF PRODUCERS EXPECTING HIGHER COMMODITY  PRICES A YEAR OUT FROM NOW. FOR CORN, 39 PERCENT OF PRODUCERS THOUGHT PRICES WOULD BE HIGHER  A YEAR FROM NOW. THIS IS THE HIGHEST LEVEL OF PRODUCERS THINKING THAT HIGHER PRICES ARE  POSSIBLE." SENIOR RESEARCHER DAVID WIDMAR SAYS ATTITUDES ALSO EDGED HIGHER  PRIMARILY BY THE WHEAT CROP SENDING FUTURES HIGHER IN JUNE AND JULY.  THOUSANDS OF ACRES OF WHEAT HAVE ALREADY BEEN BALED FOR FEED IN  DROUGHT STRICKEN AREAS OF NORTH DAKOTA. 

NORTH DAKOTA ABANDONMENT
MANY FARMERS ARE ABANDONING SMALL GRAINS BECAUSE THE QUALITY OF  THE CROPS ARE NOT WORTH HARVESTING. CLIFF NAYLOR OF AGDAY AFFILIATE KFYR REPORTS. IN 2016, THIS FIELD PRODUCED A BUMPER CROP OF 40-50 BUSHES OF WHEAT AN ACRE. THE SMALL  GRAINS SEEDED IN THIS FIELD THIS YEAR WON'T BE HARVESTED.  DUSTY KUNKEL, MORTON COUNTY  FARMER: IT'S WORTH MORE IN THE BALE THAN IN THE BIN THIS YEAR.  AFTER THE ONE-THOUSAND ACRES OF  WHEAT DUSTY KUNKEL PLANTED WAS ADJUSTED AT EIGHT TO TEN BUSHELS BY FEDERAL CROP INSURANCE,  HE BALED IT UP FOR FEED FOR HIS COWS. DUSTY KUNKEL: IT WILL GET US THROUGH THE WINTER HOPEFULLY, IT DEPENDS ON HOW ROUGH THE WINTER  IS. IF WE HAVE A WINTER LIKE LAST YEAR, NOW THIS PROBABLY WON'T BE ENOUGH. CROP SCOUTS WITH THE WHEAT QUALITY TOUR STOPPED AT JIM BAHM'S FARM LAST WEEK. THEY SAW  LOTS OF FIELDS IN SOUTHWEST AND SOUTH CENTRAL NORTH DAKOTA THAT WON'T BE COMBINED. JIM BAHM, MORTON COUNTY FARMER: THEY WERE DETERMINING AROUND 40% OF THE WHEAT ACRES  WERE BALED UP. BAHM ISN'T GOING TO BALE HIS WHEAT EVEN THOUGH HE'S ONLY EXPECTING TO AVERAGE TEN TO TWENTY  BUSHELS AN ACRES. JIM BAHM: IT'S NOT GREAT, BUT I AM GOING TO RUN THE COMBINE OVER IT. I DECIDED I HAVE ENOUGH  HAY FOR THE COWS I HAVE. KUNKLE SAYS DESPITE BALING ALL OF HIS WHEAT AND BARLEY, HE'S STILL SELLING TEN TO TWELVE COWS A  WEEK. DUSTY KUNKEL: I HOPE WE CAN QUIT SELLING COWS PRETTY SOON, BUT IF IT DOES NOT RAIN, WE'LL JUST KEEP THINNING THE HERD OUT, WEEK BY WEEK.  OTHER SEVERE DROUGHTS HAVE FORCED NORTH  DAKOTA FARMERS TO CUT A SUBSTANTIAL PERCENTAGE OF SMALL GRAINS FOR FEED. IN 1988, 23-PERCENT  OF THE STATE'S WHEAT ACRES WERE ABANDONED. THIS YEAR IT'S ESTIMATED THAT TEN TO FIFTEEN PERCENT OF THE CROP COULD END UP BEING BALED.  I'M CLIFF NAYLOR REPORTING FOR AGDAY. )   THE MOST RECENT CROP REPORT RATES 44-PERCENT OF NORTH DAKOTA'S  SPRING WHEAT AS POOR TO VERY POOR. 25-PERCENT IS GOOD. JUST FOUR PERCENT IS EXCELLENT. LIKEWISE RANGE AND PASTURE CONDITIONS OFFER LITTLE TO RANCHERS IN THE  NORTHERN TIER STATES. USDA'S CROP PROGRESS REPORT SHOWS 78-PERCENT OF RANGE AND PASTURE  IN NORTH DAKOTA IS POOR TO VERY POOR. 71-PERCENT OF SOUTH DAKOTA AND 60-PERCENT OF MONTANA GRAZING GETS  THOSE POOR MARKS. 

NORTH DAKOTA HAY DONATIONS
A MICHIGAN-BASED RELIEF ORGANIZATION THAT SHIPPED THIS HAY TO TEXAS  AND KANSAS AFTER THE WILDFIRES IN MARCH IS NOW STEPPING-UP TO HELP  DROUGHT-STRICKEN NORTH DAKOTA. THE GROUP IS CALLED "AG COMMUNITY RELIEF".  THE NORTH DAKOTA  DEPARTMENT OF AGRICULTURE SAYS THE MICHIGAN GROUP CONTACTED THEM  ABOUT HAY DONATIONS. THE HAY WILL BE SHIPPED LATER THIS MONTH.  THE AG DEPARTMENT IS SETTING-UP A HAY LOTTERY FOR ELIGIBLE PRODUCERS  IN NORTH DAKOTA. FOR THOSE WHO WISH TO ENTER THE LOTTERY, THEY NEED TO REGISTER ON- LINE. THE AG DEPARTMENT ALSO SET-UP A HOTLINE FOR OTHERS WHO WISH TO MAKE  A DONATION. THE NUMBER IS ON YOUR SCREEN. WE'LL REPEAT THIS INFORMATION AT THE END OF THE SHOW.

CROP COMMENTS
WE HEARD ABOUT THE WHEAT CROP IN NORTH DAKOTA. LET'S NOW CHECK OUT  CONDITIONS IN SOUTH DAKOTA. MIKE HOFFMAN JOINS US NOW WITH MORE. MIKE. THANKS BETSY.  LOUIE NIGG IN PEEVER, SOUTH DAKOTA SENDING US A PHOTO OF THE WINTER  WHEAT CROP. HE SAYS THE WHEAT IS NOT POOR OUT IN HIS AREA. HE HAS A  VERY GOOD CROP AT 81 BUSHELS PER ACRE. LOUIE CREDITS THE GOOD CROP A  GREAT START LAST FALL AND A COOL JUNE. YET, LOUIE IS HEARING OF SPRING WHEAT TALLYING AROUND 60 BUSHELS PER  ACRE.  AND NICK EHLERS IN TIPTON, IOWA SENDING US A PHOTO OF THE SOYBEAN CROP  IN THE AREA. NICK SAYS THE CROP CONDITION IS GOOD IN HIS AREA.  USDA SAYS 60 PERCENT OF IOWA'S SOYBEAN CROP IS RATED GOOD TO  EXCELLENT.  AND NOW HERE ARE SOME HOMETOWN TEMPS. THIS IS MACHINERY PETE - INVITING YOU TO CHECK OUT MY NEW WEBSITE - MACHINERYPETE.COM - OFFERING FARMERS TENS OF THOUSANDS OF USED EQUIPMENT LISTINGS TO SEARCH.  LET MACHINERY  PETE HELP YOU FIND AND VALUE YOUR NEXT PIECE OF USED EQUIPMENT.

PUBLIC HEARINGS FOR RFS
LESS THAN ONE WEEK AFTER AN APPEALS COURT RULED AGAINST THE  ENVIRONMENTAL PROTECTION AGENCY'S METHOLOGY ON DETERMINING  RENEWABLE FUEL STANDARDS, THE AGENCY IS HOLDING A PUBLIC HEARING ON PROPOSED BIO FUEL LEVELS  FOR THE NEXT TWO YEARS.  THE EPA KICKED OFF ITS PUBLIC COMMENT PERIOD WITH A HEARING IN  WASHINGTON TO LISTEN TO DATA, VIEWS AND ARGUMENTS OVER THE  RENEWABLE FUEL STANDARDS LEVELS FOR 2018 AND 2019. THIS COMES DURING A TIME WHEN THE U.S. COURT OF APPEALS FOR THE  DISTRICT OF COLUMBIA STRUCK DOWN THE EPA'S METHODS SAYING THE  AGENCY ERRED IN ITS INTERPRETATION CALLED 'INACTIVE DOMESTIC SUPPLIES'  THE AGENCY USED 2014 THROUGH 2016. FARM JOURNAL WASHINGTON COORESPONDENT, JIM WEISEMEYER SAYS SOME  LAWMAKERS WILL USE THE COURT VERDICT TO TRY TO GET CONGRESS TO  MANDATE THE LEVELS LIKE THEY DID IN THE PAST.  "SOME LAWMAKERS WILL DEFINATELY USE IT 28 START HERE 10:00 THAT'S GOING TO GIVE THE  AMMO TO THOSE LAWMAKERS AND GROUPS IN THE REFINING INDUSTRY ETC WHO WANT TO REFORM THE  RENEWABLE FUELS STANDARD. I THINK THERE ARE HIGH HURDLLES TO DO THAT ESPECIALLY WHAT WE'VE  SEEN IN THIS CONGRESS WITH THEIR INABILITY TO GET ANYTHING DONE. IT'S STILL UNKNOWN IF THE EPA WILL APPEAL THE CASE. 

TEASE
WE'LL CONTINUE OUR COVERSATION ON WHEAT, NEXT IN AGRIBUSINESS. IN NEWS FROM THE PACKER - WE CHECK ON THIS YEARS POTATO CROP IN IDAHO. AND BACON DEMAND IS SIZZLING HOT RIGHT NOW. WE'LL SEE HOW ONE  SCIENTIST WANTS TO HELP KEEP THE MARKET STRONG. ARE YOU A GAME CHANGER?  KNOW SOMEONE WHO IS?  CHEVRON IS SEARCHING FOR THOSE  PEOPLE THAT HAVE MADE AN IMPACT ON THE INDUSTRY.  SHARE YOUR NOMINEE AT CHEVRONDELO DOT COM SLASH GAME CHANGERS!  DELO:  LET'S GO FURTHER. 

FLOOR OF THE CME
LET'S HEAD NOW TO THE CME FLOOR FOR SOME COMMENTS ON THE MARKETS.  SOYBEAN MARKET WAS SHARPLY LOWER HERE ON TUESDAY WE HAD A COUPLE  OF PIECES OF BEARISH INFORMATION ON MONDAY AFTERNOON THE USDA  RELEASED THEIR WEEKLY CROP PROGRESS REPORT THEY TOLD US THAT THE  CROP ACTUALLY WEEK OVER WEEK WHICH IS NOT WHAT WAS EXPECT THE CROP  NOW RATED 59% GOOD TO EXCELLENT UP FROM 57% THE PREVIOUS WEEK  THAT'S ALSO KIND OF CONTRA SEASONAL IMPROVEMENT YOU KNOW USUALLY  WE SEE CORN AND SOYBEAN RATING DETERIORATE AS WE MOVE CLOSER TO  HARVEST AND WE SAW THE OPPOSITE OF THAT IN THE BEAN MARKET SO THAT  KIND OF HELPED TO SPUR SOME OF THE SELLING PRESSURE I BELIEVE  SECONDLY AND MAYBEN MORE IMPORTANTLY THE WEATHER FORECAST FOR THE  FIRST PART OF AUGUST LOOKS VERY VERY FAVORABLE WE'VE GOT SOME  COOLER TEMPERATURES COMING INTO THE CORN BELT WE'VE GOT PLENTY OF  RAIN IT LOOKS LIKE THE VAST MAJORITY OF US SOYBEAN GROWING AREAS ARE  GOING TO SEE ANYWHERE FROM AN INCH TO AN INCH AND A HALF OVER THE  NEXT TEN DAYS. THE LIVE CATTLE MARKET WAS MIXED TO A LITTLE BIT HIGHER  HERE ON TUESDAY AFTER TRADING INTO SOME FRESH MULTI MONTH LOWS  DURING THE LAST COUPLE OF DAYS THE BOARDS REALLY UNDER SOME  PRESSURE HERE WE HAD A BEARISH CATTLE ON FEED REPORT A COUPLE OF  WEEKS AGO THAT KIND OF SPURRED SOME SELLING PRESSURE SO WE'VE GOT  THESE AUGUST FUTURES DOWN NEAR THAT 112 TO 113 AREA THAT'S THE LOWEST  WE'VE BEEN IN QUITE AWHILE. AGAIN JOE VACLAVIK FROM CME GROUP HERE IN  CHICAGO. 

AGRIBUSINESS
THE WHEAT TOUR IS NOW OVER IN THE NORTHERN PLAINS. COULD THE MARKET  STILL MOVE BECAUSE OF IT?  TYNE MORGAN DISCUSSES.  HERE NOW IS SUE MARTIN SUE YOU KNOW WE'RE COMING OFF OF THE WHEAT TOUR WHERE WE TOOK A  HARD LOOK AT THE SPRING. WE KNEW THERE WERE ISSUES RIGHT. I MEAN WE HAD DRUG USER ISSUES  BUT YIELDS COULD BE THE LOWEST IN A DECADE. DOES THE MARKET HAVE THAT PRICED IN. WELL I THINK  WE PRICED A CHUNK OF THAT AND THAT'S HOW WE GOT SEPTEMBER KC OR MINNEAPOLIS WHEAT UP TO  WHAT WE CALL A TECHNICAL WAY FOR THAT. THAT'S KIND OF LIKE THE BRICK WALL OF CHINA AND IT DID STOP  THE MARKET LIKE AN EIGHT DAY CLOCK. WE'VE FALLEN BACK AND WE'RE GETTING A GOOD CORRECTIVE  PULLBACK. THE MARKET COULD TURN AROUND AND SURPRISE US WITH ONE MORE RALLY MAKING HIGHER  HIGHS FOR A LEAD CONTRACT WHICH WAS EIGHT 16 AND THREE QUARTERS. WE COULD GO TO 842 WHICH  HAPPENS TO BE ON A CONTRACT A WAY FOR ALSO AND YET NOT TAKE OUT THE SEPTEMBER HIGH AND FAIL.  I THINK THE MARKET'S GOING TO MOVE UP BUT BE MASSAGING. KC WE ONLY REACHED A WAVE. WHEN  IT GOT UP TO AROUND THAT 569 AREA. THERE'S ROOM FOR THIS MARKET TO MOVE. BUT THE BOTTOM LINE  HERE IS IS THAT WHERE THE THE TRADE THE BEAR IS STILL LOOKING AT THE STOCKS THE OLD CRAP STOCKS  THAT WE'VE GOT. BUT THESE ARE CHANGING FUTURES ARE THE FUTURE. AND WE ARE CHANGING NOT ONLY  DOMESTICALLY IN OUR STOCKS WE'RE CHANGING AROUND THE WORLD YOU'VE GOT PROBLEMS IN FRANCE  PROBLEMS IN UKRAINE PROBLEMS IN SPAIN. AUSTRALIA IS A BIG ONE. WE'RE CHANGING EVERYTHING.  YOU LOOK AT INDIA AND THERE THEY'VE HAD SOME PRETTY DECENT WEATHER THIS YEAR COMPARED TO  LAST YEAR THEIR MONSOONS AREN'T TOTALLY EQUAL BUT THEY'RE PRETTY CLOSE. AND YET INDIA WHO  NORMALLY WOULD BE AN EXPORTER OF WHEAT IS GOING TO BE AN IMPORTER. THINGS ARE CHANGING AND  WE'RE GOING TO IT. BUT THERE'S ONE MORE KICKER HERE. IF YOU LOOK AT THE TAX PLAN THAT PRESIDENT TRUMP HAS AND HE WANTS TO LOWER TAXES. WELL IT'S NOT ONLY IMPORTANT FOR CORPORATIONS BUT IT'S  IMPORTANT FOR FOOD AND FOOD DEMAND BECAUSE AS THAT GDP THEY'RE TRYING TO GET THE GDP  GROWTH UP TO AROUND 3 PERCENT YOU GET CORPORATIONS GETTING MORE MONEY. ALL OF A SUDDEN  THEY CAN NOW AFFORD TO GIVE SOME PAY RAISES MORE MONEY IN PEOPLE'S HANDS MEANS THEY'LL  BE ABLE TO SPEND IT NOT ON JUST A CELL PHONE THEY'LL GO SPEND IT ON FOOD. SO I THINK OVERALL  THERE'S JUST A LOT OF THINGS THAT ARE JELLING RIGHT NOW AND WE'RE SEEING A SHIFT STARTING OUT OF  STOCKS MOVING MORE SO INTO COMMODITIES AND THERE'S BROKERAGES OUT THERE EVEN TRYING TO  CONVINCE PEOPLE TO USE STOCKS THE MONEY OFF OF STOCKS TO BORROW MONEY ON. AND I DON'T LIKE  HEARING THAT ONE. BUT I THINK WE'RE MAKING A BIG SHIFT. ALL RIGHT. THANKS. WE APPRECIATE IT.  STAY WITH US. WE HAVE MORE AGDAY WHEN WE COME BACK. 

WEATHER
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN,. MIKE WE  TAKE A LOOK AT THE ROOT ZONE MOISTURE MAP, WHICH AREAS ARE IMPROVING  HERE? WELL THE WESTERN PLAINS, THE HIGH PLAINS, HAVE APPEARED TO GOTTEN A  LITTLE BIT BETTER IN MOST AREAS FROM LAST WEEK. NOW DON'T GET ME  WRONG, THERE'S STILL SOME DRY AREAS OUT THERE, NORTH DAKOTA ESP, BUT  SOME OF THOSE HIGH PLAINS AREAS BUT BOY DID THEY GET WETTER EASTERN  COLO, WESTERN PORTIONS OF KS. IT IS STAYED DRY RIGHT IN THE HEART OF THE  CORN BELT, SE IOWA, NE MO, WESTERN ILL CONTINUE TO BE WET OVER  NORTHERN ILLINOIS INTO MANY PARTS OF INDIANA. AND IT HAS DRIED OUT IN  PARTS OF CAROLINAS AS WELL AS NORTHERN MINN.  THIS CHANGES RAPIDLY AS  YOU'VE SEEN OVER THE PAST SEVERAL MONTHS AS WE'VE BEEN USING THIS  ROOT ZONE MOISTURE MAP. IT'S REALLY TAKEN FROM SPACE BY THE SATELLITE  AND IT GETS IT RIGHT AND WE'RE VERY HAPPY WITH THE PRODUCT RIGHT NOW,  JUST HOPE THE WEATHER TURNS OUT AND IMPROVES IN THOSE AREAS. LOOK AT  ALL OF THAT RAIN RIGHT NOW THAT AREA OF LOW PRESSURE OVER TX, THE  REMNANTS OF EMILY MOVING OUT INTO ATLANTA SHOULD NOT BE A BIG  CONCERN. THAT WILL CONTINUE TO MOVE NORTHEAST. HIGH PRESSURE  ALTHOUGH THERE'LL BE SOME SPOTTY ACTIVITY UNDERNEATH THE HIGH OVER  EASTERN PORTIONS OF THE COUNTRY. MOST OF IT WILL BE IN THAT AREA OF  LOW PRESSURE OVER SOUTHEAST TX AND ALSO THE DAKOTAS WHICH COULD BE  GOOD NEWS FOR SOME OF THOSE DRY AREAS UP THERE. THIS IS THE STRONG  COLD FRONT WE'VE BEEN TALKING ABOUT THE PAST 2-3 DAYS. AND THAT WILL  BRING A SHOT OF CHILLY AIR FOR AUGUST FOR THE NORTHERN PLAINS. AND  THAT WILL SPREAD EASTWARD FROM THERE. HEADING THRU THE DAY  TOMORROW SHOWERS AND TSTORMS OVER MINN, WHICH AGAIN IS GOOD NEWS.  THAT'S ONE OF THE SPOTS I TALKED ABOUT DRYING OUT INTO PARTS OF  WESTERN GREAT LAKES AND ALONG THE GULF COAST. THOSE ARE THE MAIN  AREAS OF MOISTURE. YOU CAN SEE OVER THE PAST 24 HRS DECENT AMOUNTS  PARTS OF TX WILL ADD TO THAT. OTHER PARTS OF TX OVER THE NEXT 36 HRS,  FLORIDA CONTINUE TO GET A FAIR AMT OF RAIN FROM TIME TO TIME AND YOU  CAN SEE THAT AREA MOVING INTO THE NORTHERN PLAINS, INTO WESTERN  GREAT LAKES. TEMPS LOOK AT THAT. 80S EVERYWHERE. NO 90S OR VERY FEW 90S SHOWING UP  ALL THE WAY DOWN TO THE GULF COAST. BUT BOY IS IT HOT LOTS OF 90S AND  TRIPLE DIGITS IN THE FAR WESTERN STATES. LOW TEMPS TONIGHT DROPPING INTO THE 50S IN NW PLAINS. 60S AND 70S CENTRAL MISS VALLEY. LOOK AT THE  HIGHS TOMORROW THOUGH, ONLY IN THE 60S AS FAR SOUTH AS OMAHA NEBR.  THAT'S CHILLY FOR THIS TIME OF YEAR. STILL TYPICALLY FARTHER SOUTHEAST.  THAT'S ALL BECAUSE OF THE JET STREAM, WATCH THIS SHARP TROUGH DIG INTO  THE GREAT LAKES FOR FRI SAT AND SUN. THAT MEANS CHILLY AIR WILL COME  EASTWARD FOR 2-3 DAYS AND THEN TRY TO WARM UP A LITTLE BIT ALTHOUGTH  THE TROUGH IS STILL DIGGING IN BY THE MIDDLE OF NEXT WEEK. THAT'S A LOOK  A LOOK ACROSS THE COUNTRY. NOW SOME LOCAL FORECASTS. HEADING OUT TO  CHICO, CA SUNNY AND EXTREMELY HOT, HIGH OF 109. TAKING A LOOK AT  FREMONT NEBRASKA PARTLY SUNNY RATHER WARM HIGH OF 86 AND FINALLY  BOWLING GREEN KY, WARM AND HUMID, TH'STORM IN SOME AREAS. HIGH OF 87.

TEASE
NEXT - WE LOOK AT POTATO PRODUCTION IN IDAHO WHICH IS A TALE OF TWO  'TATERS' WHEN IT COMES TO THE WEATHER. PLUS SCIENTISTS ARE LOOKING AT WAYS TO PREVENT FOOD WASTE AND GIVE  BACON A LITTLE MORE SHELF LIFE. HERE'S THE SECRET TO SELLING OLD EQUIPMENT. PETE'S PICK OF THE WEEK LETS YOU EASILY VIEW  CURRENT MARKET PRICES. JUST TEXT PETE TO 31313 TO GET STARTED!

PACKER TV
IDAHO POTATO PRODUCERS ARE POISED TO SEE PLENTIFUL POTATOES THIS  FALL, BUT THE OVERSUPPLY WON'T HELP DEPRESSED PRICES.  USDA NASS SAYS 93 PERCENT OF IDAHO'S POTATOES ARE RATED GOOD TO  EXCELLENT, NONE ARE CONSIDERED POOR TO VERY POOR. WHILE HIGH, THAT'S  OFF LAST YEAR'S HIGH SCORE OF 98 PERCENT GOOD TO EXCELLENT AT THIS  TIME.  PRODUCERS NEAR POCATELLO, IDAHO RELY ON SNOWPACK TO IRRIGATE MOST  OF THEIR POTATOES EVERY YEAR. AND WITH ADEQUATE SNOW THIS WINTER,  FARMERS AREN'T WORRIED ABOUT RUNNING OUT OF IRRIGATION WATER THIS  YEAR.  BUT IT'S THAT SNOW THAT ALSO PUSHED BACK PLANTING, CREATING A SMALLER  GROWING SEASON FOR POTATOES... WHICH COULD ULTIMATELY EAT INTO YIELDS.  "IT'S COME ALONG GOOD. IT'S A GOOD CROP. LAST YEAR WAS A LITTLE BIT ABOVE NORMAL WE HAD A LITTLE  BIT LONGER GROWING SEASON, THIS YEAR STARTED A LITTLE BIT LATER, BUT THE HEATS COME ON. THEY ARE  GROWING REALLY WELL ADN IT'S GOING TO BE A GOOD CROP." AREA GROWERS SAY POTATO PRICES ARE STRUGGLING THIS YEAR. SOME  GROWERS EVEN RESORTING TO GROW MORE HAY AND OTHER CROPS TO  OFFSET THE INCOME.  A PLANT DISEASE IS THREATENING AVOCADO CROPS ON BOTH SIDES OF THE  COUNTRY. UNIVERSITY OF FLORIDA RESEARCHERS HAVE BEEN SEEKING  SOLUTIONS TO THE PROBLEM OF LAUREL WILT.  THE PATHOGEN THREATENS  FLORIDA'S 100 MILLION DOLLAR -A-YEAR AVOCADO INDUSTRY.   THIS WEEK FLORIDA RESEARCHERS ARE SHARING THEIR KNOWLEDGE WITH  THEIR COUNTER-PARTS IN CALIFORNIA. CALIFORNIA GROWS 90-PERCENT OF THE AVOCADOS IN THIS COUNTRY.EXPERTS FROM FLORIDA'S INSTITUTE OF FOOD AND AG SCIENCES HAVE  PINPOINTED 14 BEETLES THAT MAY INFECT AVOCADO TREES, BUT THEY'RE  TRYING TO DETERMINE WHICH ONE IS DOING THE MOST DAMAGE.

TEASE
STILL TO COME - WE'LL LOOK AT SOME VERY IMPORTANT  RESEARCH....ESPECIALLY FOR BACON LOVERS! IN THE COUNTRY IS NEXT.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE.  VISIT KUBOTA.COM TODAY.IN OUR NEWSROOM, WE'RE TAKING A STAND. BACON IS PRETTY-DARN PERFECT JUST THE WAY IT IS AND IT'S A DARN SHAME IF  FOR SOME STRANGE REASON IT GOES UN-EATEN. BACON IS FINDING ITS WAY ONTO MORE AND MORE PLATES THAN EVER BEFORE.  NO MATTER THE TIME OF DAY. BUT WITH SUPPLIES OF PORK BELLY AT AN ALL-TIME LOW, BACON LOVERS ARE  SEEING SKYROCKETING PRICES WITH THE SHORTAGE.KANSAS STATE RESEARCHER, TERRY HOUSER , IS WORKING ON A METHOD TO  MAXIMIZE THE SHELF-LIFE OF BACON, ESPECIALLY FOR RESTAURANTS. HE WANTS TO MINIMIZE THE AMOUNT OF OXIDATION THAT OCCURS AFTER BACON  HAS BEEN FROZEN AND SHIPPED OUT TO RETAILERS. TERRY HOUSER, ASSOCIATE PROFESSOR OF ANIMAL SCIENCES AND INDUSTRY, COLLEGE OF AGRICULTURE,  KANSAS STATE UNIVERSITY "OXIDATION, THAT'S BASICALLY THE FAT BREAKING DOWN DUE TO THE PRESENCE OF OXYGEN IN THE  ATMOSPHERE. AND SO, THAT LEADS TO A LOT OF OFF FLAVORS AND A LOT OF CUSTOMER DISSATISFACTION  WITH A PRODUCT. SO, WE WANT TO KEEP MOST MEAT PRODUCTS OXIDATIVELY STABLE AND WE DON'T  WANT THAT OXIDATIVE DETERIORATION THAT WILL OCCUR." HOUSER IS INCLUDING ANTIOXIDANTS THROUGH THE BACON CURING PROCESS.  HE'S USING BOTH COMMERCIAL AND NATURAL CURING PROCESSES. AND THEN  THE MEAT IS SMOKED. HE HOPES TO IDENTIFY THE BEST STRATEGY FOR  DELAYING THE ONSET OF OXIDATION. AS WE MENTIONED EARLIER, THE NORTH DAKOTA DEPARTMENT OF AG HAS SET- UP A LOTTERY SYSTEM FOR PRODUCERS NEEDING HAY. RANCHERS MUST REGISTER ON-LINE THROUGH THE NORTH DAKOTA AG  DEPARTMENT WEBSITE. AND FOR THOSE WISHING TO MAKE A DONATION OF HAY, YOU CAN CALL THIS  NUMBER -  701-425-8454.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR TYNE MORGAN AND MIKE HOFFMAN,  I'M BETSY JIBBEN. HAVE A GREAT DAY.

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