AgDay Daily Recap - June 2, 2017

June 2, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JUNE 2, 2017


HEADLINES
CATTLE MARKETS MAKE A RUN...PLUS, INVESTIGATORS SEARCH FOR ANSWERS  TO THIS EXPLOSION IN WISCONSIN... IN AGRIBUSINESS...A LESSON IN MACRO ECONOMICS. THE HOW AND WHY OF  COUNTING POPULATIONS IN WHEAT. AND WITH EMPLOYEES GETTING TOUGHER TO FIND, THIS WISCONSIN DAIRY IS  MAKING RETENTION PART OF ITS STRATEGY FOR GROWTH. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

BEEF MARKETS
GOOD MORNING I'M CLINTON GRIFFITHS. THE START OF GRILLING SEASON AND FRESH FUNDAMENTALS HELPING IGNITE A  NEW RALLY IN CATTLE MARKETS THIS WEEK. BOTH LIVE AND FEEDER CATTLE FUTURES TRADING LIMIT UP DURING WEDNESDAY'S SESSION. AUGUST LIVE CATTLE IN AT 124 WHILE FEEDERS PASSED 157. THE CATALYST ROLLING IN ON MULTIPLE FRONTS... REPORTS OF CASH CATTLE TRADING UP TO 137 DOLLARS PER HUNDRED, FUNDS  PUSHING LONG POSITIONS FROM JUNE TO AUGUST, NEWS INDIA IS PULLING BACK  ON EXPORTS FROM THE WORLD'S LARGEST CATTLE HERD, AND DECENT SUMMER  DEMAND IS STARTING TO STACK UP. PRODUCERS SAY THEY'RE JUST NOW STARTING TO REAP THE BENEFITS OF THIS  RECENT RUNUP IN PRICES. "WE SHIPPED THE FIRST PORTION OF OUR CALF CROP FROM 2016 LAST WEEK, AND IT WAS THE FIRST TIME IN  A LONG TIME THAT HTE BOTTOM NUMBER WAS BLACK INSTEAD OF RED."SAWYER SAYS HE HASN'T SEEM THE SAME PRICE REACTION IN THE HEIFER  MARKET. 

BPI LAWSUIT
JURY SELECTION COULD WRAP-UP TODAY IN A CASE INVOLVING THE MAKER OF  LEAN, FINELY TEXTURED BEEF AND A-B-C NEWS. SOUTH DAKOTA-BASED BEEF PRODUCTS INCORPORATED IS SUING ABC FOR  NEARLY TWO BILLION DOLLARS. BPI ACCUSES THE NETWORK OF DEFAMING ITS NAME AND THE BEEF PRODUCT IT  MAKES. IN SEVERAL REPORTS WHICH AIRED IN 2012, ABC CALLED L-F-T-B 'PINK  SLIME'.  BPI SAYS AFTER THE STORIES AIRED, DEMAND DROPPED. THE COMPANY WAS  FORCED TO CLOSE THREE OF ITS FOUR PLANTS AND PUT HUNDREDS OF PEOPLE  OUT OF WORK. THE TRIAL IS SCHEDULED TO START NEXT WEEK AND COULD LAST TWO MONTHS.

DAPL UP AND RUNNING
THE DAKOTA ACCESS PIPELINE IS NOW UP AND RUNNING....DESPITE MONTHS OF  PROTESTS AGAINST THE PROJECT, ENERGY TRANSFER PARTNERS ANNOUNCING THE 12-HUNDRED MILE LINE HAS  BEGUN COMMERCIAL SERVICE. THE COMPANY EXPECTS TO PUSH 520-THOUSAND BARRELS OF CRUDE THRU THE  LINE DAILY. FOUR SIOUX TRIBES IN THE DAKOTAS ARE STILL FIGHTING IN FEDERAL COURT IN  WASHINGTON, D.C., HOPING TO PERSUADE A JUDGE TO SHUT DOWN THE LINE. 

CORN MILL BLAST IN WISCONSIN
FIREFIGHTERS AND INVESTIGATORS WILL BE BACK AT A CORN MILL IN SOUTHERN  WISCONSIN TODAY, LOOKING FOR THE CAUSE OF A DEADLY EXPLOSION. THE BLAST OCCURED AT THE DIDION (DID-EE-IN) CORN MILL IN COLUMBIA  COUNTY, WISCONSIN. THE AREA SITS HALF WAY BETWEEN MADISON AND FOND  DU LAC. RECOVERY CREWS HAVE BEEN SIFTING THROUGH A MOUNTAIN OF DEBRIS. AT LEAST ONE MILL WORKER DIED, MORE THAN A DOZEN MORE WORKERS WERE  INJURED. THE PLANT PROCESSES CORN FOR FOOD-USE. IT PRODUCES CORN FLOUR,  GRITS AND MEAL. THERE'S ALSO AN ETHANOL PLANT ON-SITE, BUT IT WAS NOT INVOLVED IN THE  EXPLOSION. THE WISCONSIN STATE FIRE MARSHAL'S OFFICE HAS BEEN CALLED-IN TO ASSIST  IN THE INVESTIGATION. A SPOKESMAN SAYS IT COULD BE WEEKS BEFORE THEY  PINPOINT A CAUSE. THE ASSOCIATED PRESS SAYS OSHA CITED THE PLANT IN JANUARY 2011 FOR  'EXPOSING WORKERS TO HAZARDS ASSOCIATED WITH DUST EXPLOSIONS". THE A-P SAYS DIDION PAID A FINE AND THE CASE WAS CLOSED. THERE'VE BEEN  NO CITATIONS SINCE THEN.

DROUGHT AREAS
MUCH OF THE COUNTRY IS STILL FREE FROM DROUGHT, BUT NORTH DAKOTA SAW MAJOR EXPANSION OF DROUGHT THIS WEEK. ALL OF NORTH DAKOTA IS NOW COVERED BY SOME FORM OF DROUGHT  COMPARED TO 43-PERCENT LAST WEEK. THREE QUARTERS OF THE STATE IS  CONSIDERED IN "ABNORMAL DRYNESS". TEXAS ALSO SEEING AN EXPANSION. A THIRD OF THE STATE IS UNDER SOME  LEVEL OF DROUGHT. LAST WEEK IT WAS 22-PERCENT. USDA SAYS 44 PERCENT OF THE SORGHUM CROP HAS BEEN PLANTED OUT OF  THE TOP ELEVEN PRODUCING STATES- WHICH IS 5 POINTS BEHIND THE 5 YEAR  AVERAGE. 


SORGHUM IN OKLAHOMA
GRAIN SORGHUM IS EMERGING IN SOUTHWEST OKLAHOMA.  SO FAR IT'S 42 PERCENT PLANTED. FARMERS SAY THE CROP GOT OFF TO A ROUGH START THANKS TO THIS YEAR'S  WILD WEATHER.  "THE CROP HAS BEEN OFF TO A ROUGH START. WE'VE HAD SOME HARD RAINS, WIND AND STORMS THIS  SPRING. IT'S ABOUT 2 WEEKS BEHIND. WE'RE LATE GETTING IT PLANTED AND WITH COOLER TEMPERATURES,  IT'S LATE GETTING THE CROP OFF TO A START. 56 ON THE PLUS SIDE, WE HAVE EXCELLENT SOIL MOISTURE, IF  WE CAN JUST GET SOME SUNNY, GOOD GROWING DAYS AHEAD OF US, THE STAND IS A LITTLE THIN WITH  HARD RAINS AND ST ORMS BUT WE THINK WE'RE GOING TO SAVE A STAND AND MAKE A CROP AFTERALL,"GOODKNIGHT SAYS THE SUGAR CANE APHID HAS BEEN A PROBLEM IN THE PAST,  BUT IT'S STILL TOO EARLY IN THE SEASON TO KNOW IF IT WILL IMPACT THE CROP  JUST YET.

CROP COMMENTS
MIKE HOFFMAN HAS A LOOK AT THIS MORNING'S CROP COMMENTS. MIKE GOOD MORNING, CLINTON.  OUR FIRST PICTURE COMES FROM JOSH SCHICK OF GRIDLEY, ILLINOIS. JOSH  SPRAYED AND SIDE DRESSED HIS CROP AS FAST HAS HE COULD TO BEAT THE  RAIN EARLIER THIS WEEK.  HE SAYS CROPS ARE MARGINAL AT BEST, EVEN THE GOOD LOOKING FIELDS HAVE  PLACES WITH POOR STANDS. HE SAYS THERE IS REPLANT IN THE AREA.  GEORGIA'S FAMED PEACH CROP IS NEARLY NON-EXISTENT THIS YEAR. THE STATES' AGRICULTURE COMMISSIONER SAYS NEARLY 80 PERCENT OF  GEORGIA'S PEACH CROP HAS BEEN WIPED OUT.  AN OVERLY WARM WINTER AND  HARD FREEZE IN THE EARLY SPRING CAUSED THE LOSS IN CROPS.  GEORGIA BLUEBERRIES ALSO SUSTAINED DAMAGE. TOGETHER THE PEACH AND  BLUEBERRY CROP LOSS COULD MEAN A 300 MILLION DOLLAR HIT TO FARMERS.   AND NOW HERE ARE SOME HOMETOWN TEMPS.  WITH MARKET PRICES CONSTANTLY CHANGING, IT'S IMPORTANT TO KNOW WHERE CURRENT PRICES  STAND. GET MARKET PRICES DELIVERED RIGHT TO YOUR MOBILE PHONE, JUST TEXT MARKETS TO 31313 TO  GET STARTED! 

TEASE
NEXT IN AGRIBUSINESS BOB UTTERBACK JOINS ME AT THE DESK TO LOOK AT  MACROECOMICS AND THE ROLE THAT A PRO-BUSINESS ADMINISTRATION COULD  HAVE. PLUS WE VISIT A DAIRY OPERATION IN WISCONSIN THAT GIVES AS MUCH  ATTENTION TO ITS EMPLOYEES AS IT DOES ITS COW HERD. FAST PACE WITH DESIGN-MATCHED TRANSMISSIONS FOR INTUITIVE STEERING...PERFECT CUT FOR A  CARPET-LIKE FINISH...AND SWEET RIDE WITH A COMFORT-FOCUSED SEAT.  GRASSHOPPER MOWERS ARE  COMMITTED TO THE CUT.

FLOOR OF THE CME
IN AGRIBUSINESS ANOTHER BIG DAY FOR LIVESTOCK. LETS GET DETAILS ON THE  DAY'S TRADE FROM THE FLOOR OF THE CME.IF YOU'RE A CATTLE BULL, TODAY WAS DEFINATELY YOUR DAY. WE SAW LIMIT UP  IN THE LIVE CATTLE AND FEEDER CATTLE WITH VERY VERY GOOD CASH DEMAND  WITH PLACES LIKE KANSAS AND TEXAS WITH 1.35 AND 1.36 CASH BID THAT  HELPED THE MARKET SINCE THE FUTURES ARE AT A VERY STEEP DISCOUNT TO  THAT. LEAN HOGS VERY VOLITALE  AS IT HAS BEEN THE LAST COUPLE OF  MONTHS, IT'S BEEN SOME PRETTY WIDE TRADING RANGES, HAVEN'T SEEN TOO  MANY DOWN DAYS IN ABOUT TWO MONTHS. WE'RE STARTING TO GET TO THAT  POINT WHERE WE HAVE REACHED FAIR VALUE, AGAIN, NOT TRYING TO PICK A TOP  BUT IF YOU'RE PATIENT ENOUGH, WE CAN SEE THAT PLAY OUT. THAT'S WHAT  WE'RE WATCHING. THAT'S WHAT YOU SHOULD BE WATCHING TOO. THIS IS OLIVER  SLOUP WITH II TRADER. 

AGRIBUSINESS
WELCOME BACK TO THE AGRIBUSINESS DESK AGAIN BOB UTTERBACK UTTERBACK MARKETING AND BOB  WOULD IT HAVE YOU SIT DOWN ON THE COUCH FOR A FEW MINUTES AND TALK ABOUT THE ANXIETIES YOU  HAVE OVER THE MACROECONOMIC PICTURE BECAUSE BOY IT SEEMS LIKE THERE'S A BUNCH. THERE IS A  BUNCH AND ITS YOU KNOW I HATE TO OMIT IT AND GETTING TO THAT AGE WHERE NOT CLOSER TO THE END  BUT I MEAN YOU NAME THE POINT WERE IT 'S HARD TO RECOVER FROM FINANCIAL HITS SURE FROM ANOTHER TWO THOUSAND EIGHT YET TWO THOUSAND EIGHT SO THE TWO THOUSAND EIGHT IS I THINK IN A  LOT OF EQUITY INVESTORS BACK MIND IS THAT IN FRONT OF US WE'VE HAD ON THE TRUMP RALLY FROM  OCTOBER TO NOW HAS BEEN SUBSTANTIAL WE HAVE A ADMINISTRATION IS VERY PRO GROWTH ORIENTATED I THINK IF THEY GET A TAX REFORM PASSED THIS YEAR I THINK THEY'LL BE VERY POSITIVE NOT BE AS BIG AS  WE'VE INITIALLY THOUGHT IT WOULD BUT LEAST SOME REGULATION REFORM WILL BE OK MAYBE NOT AS  MUCH AS WE WANT BUT I THINK WERE ON THE RIGHT TRACK BUT THE THE ANXIETY YOU HAVE IS THE DEBT  STRUCTURE. DEBT CEILING KEEP FROM GOING UP BOTH DOMESTICALLY AND EUROPE AND CHINA. THEIR  BODIES THEREBY 'S BORROWING TO KEEP MAINTAIN THEIR STANDARD A LIVING AND THERE HAS TO BE A  DAY OF A PAYMENT NOW EITHER YOU GOT I HAD TO HAVE ECONOMIC GROWTH BUT IN A ROW AS WE  KNOW WASHINGTON RIGHT NOW IS VERY OPERATIONALLY SOUND RIGHT NOW. THINGS ARE GETTING DONE  VERY EFFICIENTLY WATCHING YOU AGREE THAT STATEMENT. I THINK THERE IS STILL HAVING SOME THINGS  GETTING DONE AT WASHINGTON IS I THINK IT 'S UNFORTUNATE THE GREATEST FEAR WE HAVE IS WASHINGTON COULD BE AND GO INTO PARALYSIS. AND IF IF UNDER THE CURRENT ADMINISTRATION THEY  CAN GET A PRO GROWTH ECONOMIC BUSINESS IMPLEMENTED WHO CAN. IT WILL BE THE END OF THE  EQUITY MARKETS WILL START ASKING AND THE MARKETS GET WORRIED IN THE FALL WHEN WE HAVE BIG  INVENTORIES THAT HAD REALLY WEIGHED ON THE GRAIN 'S PSYCHOLOGICALLY SO BUT THE OPPOSITE SIDE  AND I WILL PUT MIKE BARISH WISE IS IF WE CAN'T THEN THE ONLY ISLE I SEE IS INFLATION OK. WHAT HAD  TO INFLATE THE MARTHA WHITE WHICH FROM AGRICULTURE STANDPOINT IS YOU DON'T HAVE THE GRAIN SOLD  YOU HAVE IT IN THE BIN DOWN ON PRICE WHICH IS ALMOST A HUNDRED EIGHTY DEGREES OPPOSITE. MY  PHILOSOPHICAL POSITION. SO THAT 'S WHAT I'M THAT 'S MY BIGGEST ANXIETY IS A WIN. AND IF WILL WE  START SEEING SIGNIFICANT INFLATIONARY PRESSURE FROM A POLITICAL STANDPOINT BE ACCEPTED ALRIGHT  IT'S SOMETHING TO WATCH FOR APPRECIATE IT BOB THANK YOU FOR BEING HERE SPEND A LITTLE TIME ON  OUR COUCH WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE. TO TALK WITH BOB ONE ON ONE CALL UTTERBACK MARKETING SERVICES TOLL  FREE AT 800-832-1488.

WEATHER
WELCOME BACK TO AGDAY WITH MIKE HOFFMAN. HERE LOOKING AT THE DROUGHT MONITOR WE SEE  SOME IMPROVEMENTS GETTING WORSE, LIKE YOU SAID TEXAS YOU'RE GONNA SEE SOME DRY AREAS  ALMOST EVERY YEAR, NORTHERN PLAINS, THAT'S GETTING WORSE BUT IT'S SOUTH FLORIDA THAT IS  STAYED PRETTY BAD OVER THE PAST FOUR WEEKS. GOING BACK ONE MONTH, YOU'LL NOTICE THERE WERE  NO MAJOR CHANGES BUT DEFINITELY LESS IN THE WAY OF DROUGHT IN THE SOUTHEASTERN PORTIONS OF  THE COUNTRY BUT OVER THE PAST MONTH YOU WILL NOTICE A DRIER AREAS HAVE GOTTEN MORE  EXPANSIVE IN THE DAKOTAS AND WE'RE SEEING  THOSE POCKETS ACROSS TEXAS LIKE WE POINTED OUT  ALTHOUGH THERE HAS ACTUALLY BEEN SOME IMPROVEMENT IN PLACES OVER THE LAST TWO WEEKS  BECAUSE OF RAIN A COUPLE WEEKS AGO BUT ITS CENTRAL AND SOUTH FLORIDA THAT 'S THE ONLY EXTREME  DROUGHT AREA LEFT ACROSS THE LOWER FORTY EIGHT. LET 'S GO TO THE WEATHER MAP, A COUPLE OF  DISTURBANCES, THIS IS NOT GOING TO BE A TROPICAL SYSTEM BUT IT DEFINITELY HAS SOME TROPICAL  MOISTURE WITH IT. HIGH PRESSURE KEEPING THINGS DRY ACROSS MOST OF THE CORN BELT. YOU WILL  NOTICE OUR COMPUTER MODEL IS NOW SLOWING THIS NEXT SYSTEM UP. AND SO IT IS NOT CAUSING TOO  MUCH IN A WAY OF RAIN AHEAD OF THAT WARM FRONT AS WE HEAD THROUGH LATER TODAY. JUST CAN'T  MISS SHOWERS AND THUNDERSTORMS THROUGH THE SOUTHERN PLAINS. SOUTHERN MISSISSIPPI VALLEY, A  LITTLE MORE SUBSTANTIAL IN PARTS OF FLORIDA AND EASTERN PORTIONS OF THE STATE. YOU CAN STILL SEE THAT AREA OF LOW PRESSURE JUST KIND OF MEANDERING UP THROUGH EASTERN PORTIONS OF CANADA AGAIN A VERY STRANGE WEATHER PATTERN. NOTHING 'S MOVING VERY QUICKLY. AND YOU CAN SEE BY  TOMORROW MORNING SOME SHOWERS AND THUNDERSTORMS DEVELOPING AHEAD OF THE SYSTEM. PARTS  OF IOWA PARTS OF THE UPPER MISSISSIPPI VALLEY AND THEN BY LATER IN THE DAY TOMORROW, A LOT OF  THAT STARTS TO FALL APART. THEN WE SEE THE AFTERNOON VARIETY ALONG THE COLD FRONT FROM EASTERN  MINNESOTA, WESTERN GREAT LAKES AND IN SCATTERED THROUGHOUT THE CENTRAL AND SOUTHERN PLAINS  STATES. ONCE AGAIN A LOT OF THIS IS JUST KIND OF THAT HIT AND MISS ACTIVE AFTERNOON ACTIVITY THAT 'S A LOOK ACROSS THE COUNTRY NOW LET 'S TAKE A LOOK AT SOME LOCAL FORECASTS. HEADING OUT TO  FRESNO, CALIFORNIA, FIRST OF ALL HOT WITH A GOOD DEAL OF SUNSHINE, HIGH TEMPERATURES OF 92.  ROCHESTER, MINNESOTA, PARTLY SUNNY AND RATHER WARM WITH A HIGH OF EIGHTY TWO AND  HUNTSVILLE, ALABAMA, A MIXTURE OF SUNSHINE AND CLOUDS. MAYBE AN AFTERNOON STORM HIGH OF  EIGHTY SEVEN.

TEASE
NEXT WE'RE OFF TO FARM JOURNAL COLLEGE TO EXAMINE THE IMPORTANCE OF  PLANT POPULATIONS IN YOUR WHEAT FIELDS. PLUS WE HEAD TO THE CHEESE STATE TO MEET SOME OF THE 'REAL FACES OF  DAIRY'...AND GET SOME CLUES ON KEEPING GOOD WORKERS ON THE PAYROLL. IN THE COUNTRY - LATER ON AGDAY.

FARM JOURNAL COLLEGE TV
AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING.  FARMER-FIRST, WITH A PLAN FOR EVERY  MARKET. AS WHEAT NEARS HARVEST--ITS NOT A BAD TIME TO TAKE MEASUREMENTS FOR  YOUR RECORDS...INCLUDING COUNTING POPULATION. AGRONOMIST PHIL NEEDHAM EXPLAINS. WHEAT AGRONOMIST PHIL NEEDHAM JOINING US AGAIN THAT PHYLLIS TALK ABOUT POPULATIONS IN WHEAT  HOW ARE YOU CALCULATING THE SURE SO WHAT WE'RE DOING HERE IS WE'RE COUNTING THE NUMBER OF  HEADS PER YARD OF ROW OK AND IN THIS PARTICULAR EXAMPLE WHEN I COUNTED A YARD OF ROW ON  SEVEN AND A HALF INCH ROWS WHICH IS WHAT WE RECOMMEND THE NARROWER THE ROWS THE BETTER  WE ARE A HUNDRED FOUR HEADS PER YARD OF ROW BECAUSE WE'RE ON SEVEN AND A HALF INCH SPACE  IN THIS FOUR POINT EIGHT ROWS PER YARD MEASURED ACROSS THE ROWS SO WHAT WILL DO IT ALL MULTIPLY  HUNDRED FOUR HEADS BY FOUR POINT EIGHT AND THAT GIVES US FOUR HUNDRED NINETY NINE  APPROXIMATELY ASSUMING THE FIELD PRETTY EVEN AND THIS IS PRETTY CONSISTENT SURE FOUR HUNDRED  NINETY NINE HEADS PER SQUARE YARD OKAY AND THAT GOOD HAIR AND SOME CAT IN A GOOD HEDGE  NOT A LITTLE SMALL HEADS THAT THEY'RE WAY DOWN INTO THE CANOPY RIGHT RIGHT SO WHAT WE'RE  LOOKING FOR FOR EIGHTY NINETY A HUNDRED BUSHEL PER ACRE WHEN YIELDS ARE MORE WE'RE  ESSENTIALLY LOOKING FOR FIVE HUNDRED SIX HUNDRED HEADS PER SQUARE YARD I'M GOING TO SAY  THAT'S GOING TO ACHIEVE HIGH YIELDS OK YOU GET INTO SOME OF THE HIGH PRODUCTION REGIONS NEW  ZEALAND EASTERN ENGLAND FOR EXAMPLE WILLING RAISE WON FIFTY TWO HUNDRED BUSHEL PER ACRE  THEY'RE STILL ONLY DOING THAT ON PLUS OR MINUS FIVE HUNDRED TO SIX HUNDRED HEADS PER SQUARE  YARD LIKE A WHILE SO THAT 'S KIND OF THE MAGIC NUMBER THEN I'M GONNA SAY IF YOU GOT MOISTURE  YES THERE 'S NO VALUE GETTING MUCH MORE THAN SIX HUNDRED HEAD I'M GOING TO SAY ALL YOU'RE  DOING IS YOU'RE THEY SHOULD NOT UTILIZE IN LIGHT MOISTURE NUTRIENTS AND EFFICIENTLY YOU IF YOU WAS  TO CHART POPULATION AGAINST YIELDING IT 'S GONNA PICK OUT IF HE GOT MOISTURE SOMEWHERE IN THAT  SIX HUNDRED RANGE APPROXIMATELY. 

TEASE
AS MANY DAIRY PRODUCERS KNOW, IT'S DIFFICULT TO FIND AND KEEP QUALITY  EMPLOYEES. NEXT WE'LL VISIT A DAIRY FARM IN WISCONSIN WHICH SHARES  SOME OF THEIR SECRETS TO WORKER RETENTION. VISIT FARM JOURNAL PRO.COM.  TRUSTED ANALYSIS, PROFESSIONAL INSIGHT. FARM JOURNAL  PRO.COM.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA.  CHECK OUT KUBOTA'S RTV-X-1140, A RUGGED  UTILITY VEHICLE WITH SEATING FOR FOUR.  SYOP BY YOUR LOCAL DEALER TODAY, OR VISIT KUBOTA.COM.  THE LATEST EMPLOYMENT NUMBERS CONTINUE TO SHOW UNEMPLOYMENT  DROPPING--GOOD NEWS FOR THE ECONOMY BUT MAKING IT MORE DIFFICULT  FOR BUSINESSES TO FIND GOOD WORKERS. PAGEL'S PONDEROSA DAIRY IN KEWAUNEE, WISCONSIN IS DOING WHAT IT CAN TO  KEEP AND CARE FOR ITS EMPLOYEES. BETSY JIBBEN TELLS US HOW THIS OPERATION CONSIDERS IT VITAL TO FUTURE  PAGEL'S PONDEROSA DAIRY IN KEWAUNEE, WISCONSIN  IS BUSTLING.. DAY IN AND DAY OUT THE FAMILY-OWNED DAIRY HAS EXPANDED SIGNIFICANTLY SINCE IT WAS FIRST  ESTABLISHED IN 1946.  "WHEN I TOOK OVER THE FARM FROM MY PARENTS, WE HAD 65 COWS AND 320 ACRES. TODAY, WE'RE  CROPPING A LITTLE OVER 8500 ACRES, WE'RE MILKING OVER 5,000 COWS AT THIS OPERATION,"AND WITH MORME COWS COMES THE NEED FOR MORE PEOPLE.  "WE LEARNED THAT WE WERE GOING TO HAVE TO DO SOMETHING DIFFERENT THAT JUST PAY A GOOD  WAGE,"JOHN'S DAUGHTER, JAMIE, MANAGES THE OFFICE AND HEADS UP THE HUMAN RESOURCES  DEPARTMENT."IT IS A LOT EASIER TO MANAGE THE 5,000 MILKING COWS THAN IT IS TO MANAGE THE EMPLOYEES THAT  WE HAVE,"TODAY, THE DAIRY OPERATION REQUIRES SEVERAL HUNDRED PEOPLE TO KEEP  THINGS RUNNING SMOOTHLY. "ONCE THE EMPLOYEES ARE HERE ONE YEAR AND BEYOND, THEY USUALLY STAY. SO WE HAVE A LOT OF  LONG TERM EMPLOYEES BUT THE NEWEST EMPLOYEES ARE BY FAR THE HARDEST TO KEEP, " WHICH IS WHY THEY NOW OFFER NEW HIRE ITEMS, CARE PACKAGES AND  TRAINING. "WE'RE INTO LONG-TERM EMPLOYEMENT. WE'RE NOT INTO PEOPLE WHO WANT TO COME IN AND THEN GO  AND LOOK FOR ANOTHER JOB. SO WE TRY TO TAKE CARE OF OUR PEOPLE SO THEY CAN BE THE MOST  PRODUCTIVE FOR US AS WE WANT THEM TO BE,"THE FAMILY TOOK NOTES FROM OTHERS AND DEVELOPED ITS OWN EMPLOYEE  PROGRAM: ABBREVIATED CARS.  THE CONCEPT: COMMUNICATION, ACCOUNTABILITY, RESPECT AND  SUSTAINABILITY.  "IT'S A PROGRAM TO EDUCATE THE NEW EMPLOYEES ON WHO WE ARE, WHAT WE'RE ABOUT AND WHY  YOU WANT TO WORK AT PAGEL'S PONDEROSA, WHAT BENEFITS WE OFFER. WE'VE BEEN TRYING ITO DO A  BETTER JOB LETTING THEM KNOW WHY THEY SHOULD WORK HERE,""I'VE GOT 8 MANAGERS THAT I MEET WITH EVERY MORNING. I GIVE THEM THE TOOLS THAT THEY NEED TO  DO THEIR JOB. AS LONG AS I CAN DO THAT AND I CAN KEEP THEM GOING, THAT MAKES THEM AS HIGHLY  PRODUCTIVE AS I CAN MAKE THEM,"IT LAYS OUT EXPECTATIONS BUT ALSO HELPS THE DAIRY UNDERSTAND  EMPLOYEE'S NEEDS AS WELL. GETTING THE RIGHT PERSON IN THE RIGHT  POSITION TO SUCCEED FOR THE SAFETY OF THEMSELVES AND THE ANIMALS.  "THEY LEARN WHAT'S EXPECTED OF THEM AS AN EMPLOYEE AND THEY GET A FULL JOB DESCRIPTION. SO  THAT THEY UNDERSTAND WHAT TO DO,"COMMUNICATION GOES BOTH WAYS - THE PAGEL'S AUDIT AND FOLLOW-UP WITH DOCUMENTATION. IF IT'S NOT WRITTEN  DOWN, ITS AS IF THE TRAINING DIDN'T HAPPEN.  BEYOND THE BUSINESS, THEY ALSO CHECK-IN TO MAKE SURE EMPLOYEES ARER  ENJOYING THEIR JOB..  "WE TALK ABOUT CUTLTURE AND ETHICS AND THE RIGHT WAY TO TREAT PEOPLE AND IT'S NOT JSUT ABOUT  THE JOB ITSELF. IT'S ABOUT HOW YOU'RE TREATED ADN HOW YOU WANT TO BE TREATED,""I LOVE OUR EMPLOYEES, OUR EMPLOYEES ARE LIKE FAMILY. I KNOW OUR EMPLOYEES, THEIR SPOUSES AND THEIR KIDS ARE LIKE MY KIDS,"THE FAMILY HOPES THE EVER-MOVING DAIRY  WILL CONTINUE ITS GROWTH-BUT KNOWS THE SUCCESS OF THE OPERATION ISN'T JUST BUILT IN THE BARN- BUT WITH EMPLOYEES - THE FAMILY - WHO DO THE WORK AND MAKE IT ALL  POSSIBLE.REPORTING FOR AGDAY. I'M BETSY JIBBEN.  SAFETY IS A MAJOR PART OF THAT EMPLOYEE PROGRAM.THAT INCLUDES MAKING SURE EMPLOYEES ARE TRAINED ON WHICH CHEMICALS  THEY'RE WORKING WITH AND WHERE SAFETY SHEETS ARE LOCATED. 

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND AL PELL. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY. AGDAY IS POWERED BY RAM TRUCKS - AMERICA'S LONGEST LASTING PICKUPS.

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