AgDay Daily Recap - Novemeber 6, 2015

November 6, 2015 02:57 AM
 

Today on AgDay
November 6, 2015


OPENING HEADLINES:
CROP INSURANCE IS BACK IN WASHINGTON'S CROSSHAIRS.
THE FIRST TEXT OF THE TRANS PACIFIC PARTNERSHIP ROLLS OUT. IN TODAY'S PROFIT BRIEFING...THE IMPORTANCE OF OIL TO SOYBEAN PRICES. THERE ARE NOT A WHOLE LOT OF GOOD THINGS TO BE SAID FOR SOYBEAN DEMAND RIGHT NOW, BUT THE SOY OIL SIDE OF THINGS GIVES US A GLIMMER OF HOPE. AND MEET A GROUP OF WISCONSIN NUNS DEDICATED TO PERPETUAL PRAYER.
CROP INSURANCE COULD FACE CUTS:
GOOD MORNING I'M CLINTON GRIFFITHS. FEDERAL CROP INSURANCE PROGRAMS APPEAR TO BE IN THE BULLSEYE ONCE AGAIN. AND THIS TIME THE PROPOSED CUTS ARE EVEN DEEPER.
CRITICS OF FEDERAL CROP INSURANCE WANT TO CUT ABOUT 24 BILLION DOLLARS FROM THE PROGRAM. YOU MAY REMEMBER, LAWMAKERS THREATEND TO CUT CROP INSURANCE DURING BUDGET NEGOTIATIONS LAST WEEK. BUT SPARED THE SAFETY NET AFTER LAST MINUTE NEGOTIATIONS.
NOW A BILL HAS BEEN INTRODUCED TO SLASH EVEN DEEPER. 19 BILLION WOULD BE CUT OVER TEN YEARS BY ELIMINATING THE HARVEST PRICE OPTION.
FARM C-P-A AND AGWEB CONTRIBUTOR PAUL NEIFFER EXPLAINS...OR SOME PEOPLE IN CONGRESS ARE SAYING WE DON'T REALLY WANT FARMERS TO GET AN EXTRA BENEFIT FROM CROP INSURANCE. WE WANT THEM TO BE ABLE TO INSURE THAT COST INTO THE FIELD OR THAT EXPECTED COST THEY PUT IN WHEN THEY PLANTED IN THE SPRING OR THE FALL OR SAY WINTER WHEAT. WE DON'T WANT THEM TO GET AN EXTRA BENEFIT FROM THE FACT THAT THE MARKET PRICE WENT UP AT HARVEST TIME.
THE BALANCE OF THE CUTS WOULD COME FROM RETURNS PAID TO INSURANCE COMPANIES. THE BILL PROPOSES CUTTING THE RATE OF RETURN FROM 14PERCENT TO ABOUT NINE PERCENT.
IT WOULD ALSO CAP INSURANCE PREMIUMS TO ALL FARMERS AT 40-THOUSAND DOLLARS.
TPP:
ALSO NEW TODAY FROM WASHINGTON, THE WHITE HOUSE RELEASING THE TEXT OF THE TRANS-PACIFIC PARTNERSHIP.
THE 12 NATION AGREEMENT STILL NEEDS APPROVAL FROM CONGRESS. ANALYSTS SAY, EARLY READS OF THE AGREEMENT SEEMS TO FAVOR U.S. TECHNOLOGY COMPANIES, BANKS, AND FARMERS.
AS FALLING TARIFFS ALLOW BETTER ACCESS TO MEMBER MARKETS THE TPP IMPACTS NEARLY 40 PERCENT OF THE GLOBAL ECONOMY.
SOME AG GROUPS LIKE THE NATIONAL PORK PRODUCERS COUNCIL ARE PLEASE WITH WHAT THEY'RE READING.
PRESIDENT DOCTOR RON PRESTAGE SAYS THE AGREEMENT PROVIDES BENEFITSTO PRODUCERS THAT DRAMATICALLY EXCEEDS THOSE OF PRIOR TRADE AGREEMENTS.
AT THE RECENT ELITE PRODUCERS BUSINESS CONFERENCE, DAIRY PRODUCERS ALSO EXPRESSING SATISFACTION IN THE FINAL VERBIAGE.
WE'VE MADE SOME PROGRESS. CANADA OPENED UP ITS MARKET FOR THE FIRST TIME. AND THIS IS THE FIRST TRADE AGREEMENT I'VE WORKED ON THAT CANADA HAS BEEN INVOLVED. THE FIRST TIME THAT DAIRY HAS BEEN ENGAGED IN A MEANINGFUL WAY IN THE PROCESS SO THERE WILL BE SOME OPPORTUNITY THERE AND THAT'S GOING TO BE MOSTLY FOR THE US AND THAT'S BECAUSE OF OUR PROXIMITY TO THAT MARKET. JAPAN OPENED ITS MARKET SOME. THEY ELIMINATED SOME TARIFFS. WE'LL GET MORE OPPORTUNITY THERE. FRANKLY NOT AS MUCH AS WE WANTED AND I'M DISAPPOINTED WITH THAT ASPECT OF IT. IT'S GOING TO BE CLOSER TO A BALANCED AGREEMENT FOR THE U.S. THAN IT COULD HAVE BEEN. WE DIDN'T GET AS MUCH ACCESS AS WE WANTED BUT NEW ZEALAND DIDN'T GET THE ACCESS THAT IT WANTED INTO OUR MARKET AND THAT'S SIGNIFICANT. BECAUSE IT MEANS WE HAVE TIME TO BE COME THAT FORMIDABLE EXPERT MARKETER.
RELEASING THE TPP TEXT START THE CLOCK ON RATIFICATION OF THE DEAL. THERE'S NOW A 90 DAY NOTICE TO CONGRESS AND THEN A 60 DAY PUBLIC REVIEW--BEFORE LAWMAKERS VOTE.
THAT'S EXPECTED NO SOONER THAN MARCH. USDA SAYS U-S AG EXPORTS WRAPPED UP FISCAL 2015 DOWN EIGHT PERCENT FROM A YEAR AGO. THE TALLY -JUST UNDER 140 BILLION DOLLARS. MEANWHILE IMPORTS SURGED TO A RECORD 114-BILLION, CUTTING THE AG TRADE SURPLUS TO 22 BILLION.
PROFARMER SAYS THIS IS THE SMALLEST US AG EXPORT LEVEL SINCE FISCAL 2012. THE VALUE OF THE US DOLLAR IS ONE FACTOR IMPACTING THE TRADE PICTURE AS IT HAS MADE US AG EXPORTS LESS COMPETITIVE AND MADE AG IMPORTS MORE ATTRACTIVE.
MEAT EXPORTS:
SPEAKING OF EXPORTS, ON THE MEAT SIDE, THE US-MEAT EXPORT FEDERATION SAYS BEEF SHIPMENTS CONTINUE TO STRUGGLE. BEEF EXPORTS VOLUMES FALLING 21 PERCENT (79,474 MT) COMPARED TO SEPTEMBER A YEAR AGO.
VALUES WERE DOWN ALMOST 30 (28) PERCENT ($456.6 M). THOSE ARE THE LOWEST TOTALS SINCE JANUARY. FOR THE YEAR BEEF EXPORTS ARE OFF (TOTAL DOWN 12) 12 PERCENT.
PORK SHIPMENTS FOR THE FIRST 9 MONTHS OF THE YEAR ARE DOWN (TOTAL DOWN 4) 4 PERCENT. EVEN THOUGH SEPTEMBER SAW A SLIGHT UP-TICK FOR THE MONTH. VOLUMES CLIMBING 6 PERCENT (172,012 MT) YEAR OVER YEAR.
BILL WILL FOCUS ON DISRUPTIONS AT PORTS:
ALSO IN WASHINGTON, HOUSE LAWMAKERS INTRODUCING A BILL FOCUSING ON DISRUPTIONS AT THE NATION'S PORTS.
ABOUT A YEAR AGO, A LABOR DISPUTE ON THE WEST COAST ALL BUT SHUT DOWN TRAFFIC. NOW HOUSE LAWMAKERS PLAN TO INTRODUCE BIPARTISAN LEGISLATION THAT REQUIRES A GOVERNMENT BOARD INVESTIGATE FUTURE DISPUTES. IT ALSO SETS OBJECTIVE ECONOMIC CRITERIA THAT TRIGGERS GOVERNMENT INTERVENTION.
THE SENATE FAILED TO PASS A BILL FORCING A REWRITE OF THE CLEAN WATER RULE. IT DID HOWEVER PASS A RESOLUTION OF DISAPPROVAL. THE RESOLUTION, WHICH ESSENTIALLY SERVES AS A CONGRESSIONAL VETO, MUST MAKE IT THROUGH THE HOUSE BEFORE GOING TO THE PRESIDENT.
HOWEVER, THE WHITE HOUSE HAS THREATENED A VETO THAT SAID, NATIONAL CORN GROWERS ASSOCIATION PUBLIC POLICY DIRECTOR ETHAN MATTHEWS SAYS PASSING THE RESOLUTION SHOULD BRING MORE SUPPORT TO REWORKING THE RULE, OR SCRAPPING IT ALL TOGETHER LET'S SEE HOW HARVEST AND SOME ALTERNATIVE TYPE CROPS ARE DOING THIS FRIDAY MORNING. FOR THAT WE TURN IT OVER TO MIKE HOFFMAN WITH TODAY'S CROPWATCH.
CROP WATCH:
GOOD MORNING CLINTON. THE WARM WEATHER FELT THROUGH-OUT THE MIDWEST THIS WEEK IS HAMPERING SUGAR BEET HARVEST IN MICHIGAN. THE STATE "NASS" OFFICE SAYS PILE-STORAGE HAS HALTED. SUGAR BEETS LOSE SUGAR CONTENT WHEN EXPOSED TO WARMER TEMPS. DESPITE THE CURRENT DELAY, HARVEST IS ABOUT TEN POINTS AHEAD OF NORMAL. AND NOW TO CENTRAL WISCONSIN. A VIEWER FROM THE TOWN OF WAU-TOE-MAH SENT US PHOTOS OF THEIR STRAWBERRY PLOTS THAT ARE STILL PRODUCING BERRIES. HARD TO BELIEVE YOU COULD SEE STRAWBERRIES IN THE UPPER MIDWEST IN NOVEMBER! RICHARD TEMPLEN SAYS HE PICKED A QUART ON SUNDAY.
AND IN FORKLAND, ALABAMA THEY'RE LOADING CATFISH FOR TRANSPORT TO A PROCESSING PLANT.
THIS TIME OF YEAR, THE SEASON SLOWS DOWN BECAUSE CONSUMERS ARE FOCUSING ON HOLIDAY TURKEYS AND HAMS.
DROUGHT MONITOR:
NOW TAKING A LOOK AT THE DROUGHT MONITOR YOU CAN SEE THE WORST OBVIOUSLY OUT WEST BUT THERE ARE POCKETS OF MODERATE DROUGHT STARTING TO SHOW UP FROM THE MISSOURI VALLEY INTO SOUTHERN MICHIGAN WE'LL HAVE YOUR FORECAST COMING UP IN A FEW MINUTES.
TEASE:
HOW MUCH DOES SOYBEAN OIL IMPACT U-S SOYBEAN MARKETS? OUR PARTNERS AT PROFARMER WILL JOIN US NEXT TO DISCUSS IN THE PROFIT BRIEFING. AND THE POWER OF PRAYER -SEE HOW CONVENT IS PUTTING THAT FAITH INTO ACTION -24 HOURS A DAY!

IN AGRIBUSINESS MANY OF THE COMMODITY MARKETS FACING DOWNWARD PRESSURE THURSDAY. LETS FIND OUT WHY FROM THE FLOOR OF THE CME.
CME:
IT HAS BEEN A RED DAY ACROSS THE BOARD, LIVE CATTLE, FEEDER CATTLE, LEAN HOGS ALL GIVING BACK SOME GAINS THAT THEY PREVIOUSLY HAD EARNED THE PAST COUPLE OF WEEKS AND WE'RE SEEING THOSE WIPED OUT IN A MASSIVE FASHION. KIND OF CHOPPY TRADE ACROSS THE BOARD... BUT LET'S START LOOKING AT THAT CORN MKT TAKING IT ON THE CHIN. WE WENT FROM A BULLISH CHART PATTERN TO SOMEWHAT NEUTRAL NOW TURNING BEARISH AFTER FAILING YESTERDAY TO BREAK OUT ABOVE THAT 3.83 1/2 AREA. THAT'S A LEVEL WE'VE BEEN WATCHING A LONG TIME. THERE'S A BUNCH OF CATALYSTS IN PLAY HERE. ONE HARVEST ACTIVITY CONTINUES TO ROLL ALONG. WE'RE ABOUT 90% COMPLETE. WE ALSO HAD INFO FROM INFORMA EARLIER IN THE WEEK. THEY'RE ACTUALLY LOOKING FOR AN INCREASE IN YIELD WHICH LEADS TO AN INCREASE IN PRODUCTION AS WELL. AS WITH CORN, INFORMA ALSO RAISED ESTIMATES FOR YIELD AND PRODUCTION IN SOYBEAN MARKET. AND THAT'S PUTTING SOME PRESSURE ON THE MARKET HERE TODAY. WE'RE LOOKING TO SEE IF WE CAN KEEP THOSE SEPTEMBER LOWS TO THAT 8.57 LEVEL. IF WE BREAK DOWN BELOW THAT, I THINK WE'RE GOING TO SEE A BIG WASHOUT IN A LOT OF STOPS GETTING HIT AT THAT LEVEL.THIS HAS BEEN OLIVER SLOUP WITH II TRADER FROM THE CME FLOOR.
AGRIBUSINESS:
 WHEN WE TALK ABOUT SOYBEAN MARKETS, ANALYSTS WILL OFTEN FOCUS ON MEAL. BUT SOYBEAN OIL CAN'T BE IGNORED. IN THE PROFARMER PROFIT BRIEFING, CHIP FLORY AND BRIAN GRETE EXPLAIN WHY.
WHEN WE TAKE A LOOK AT THE PRICE OF SOYBEANS, BRIAN, WE LOOK AT WHAT'S GOING ON IN SOYBEAN MEAL FIRST, AND THEN WE TYPICALLY TAKE A LOOK AT SOYBEAN OIL SECOND. BUT WITH SOME OF THE TRENDS GOING ON AROUND THE WORLD RIGHT NOW THAT COULD CHANGE AND BEAN OIL COULD BE A LATER.>
YEAH, WE NEED TO PAY ATTENTION TO SOY BEAN OIL HERE, CONCERNS WITH EL NINO AND IMPACTS ON PALM OIL PRODUCTION IN SOUTHEAST ASIA HAVE REALLY STARTED TO FIRM UP THAT MARKET AND SOY OIL HAS BEEN A PRICE LEADER HERE RECENTLY. NOW, HISTORICALLY SOY OIL LEAD RALLIES ARE NOT THE STRONGEST IN THE SOY COMPLEX, BUT THIS MAY BE A DIFFERENT CASE, BECAUSE WE ARE SEEING CHINA COME BACK IN ON THE EXPORT SIDE OF THINGS. THEY HAVE BEEN PRETTY AGGRESSIVE BUYERS THE PAST COUPLE OF WEEKS HERE AND UNKNOWN DESTINATIONS, WHICH IS LIKELY CHINA, HAS ALSO BEEN IN THERE, SO I THINK THAT VEG OIL STOCKS IN CHINA ARE SAID TO BE TIGHT RIGHT NOW. WE HAVE THE CONCERNS WITH EL NINO AND PALM OIL PRODUCTION, IT WOULDN'T SURPRISE ME TO SEE CHINA CONTINUE TO BUY UP THE SOY OIL HERE.> YEAH AND IT'S NOT JUST CHINA. WE HAVE ALSO GOT TO TAKE A LOOK AT THAT SOUTHEAST ASIAN MARKET, BECAUSE THEY RELIED PRETTY HEAVILY ON PALM OIL IF WE SEE A CUT IN PRODUCTION THERE. WE HAVE GOT BIG POPULATIONS IN MALAYSIA, INDONESIA, SOUTH KOREA, THEY ARE A VEG OIL HEAVY USE REGION OF THE WORLD.> RIGHT, AND THERE ARE NOT A WHOLE LOT OF GOOD THINGS TO BE SAID FOR SOYBEAN DEMAND RIGHT NOW, BUT THE SOY OIL SIDE OF THINGS GIVES US A GLIMMER OF HOPE AND IF THAT CAN CONTINUE TO DEVELOP IN HERE, THERE'S A REAL POSSIBILITY THAT WE MAY START CRUSHING FOR OIL INSTEAD OF MEAL HERE IN THE UNITED STATES AND THAT TYPICALLY IS NOT THE CASE.> NOW, ONE OF THE THINGS WE CAN TAKE FROM STRONG GLOBAL VEG OIL DEMAND IS THAT: A. PEOPLE ARE COOKING MORE PROTEINS, IT'S A SIGN OF STRONGER ECONOMIES.> IT IS. NOT ONLY STRENGTHEN ECONOMIES OVER THERE, BUT KEEP IN MIND A LOT OF THESE NEW YEAR'S CELEBRATIONS ARE COMING UP AND WHILE WE CELEBRATE FOR A DAY OR TWO HERE IN THE UNITED STATES, THEY CELEBRATE FOR A WEEK PLUS, IN SOME CASES TWO OR THREE WEEKS AND THOSE FESTIVALS HAVE A TENDENCY TO USE A LOT OF VEG OILS IN THE PREPARATION, SO AS A RESULT WE COULD SEE THAT INCREASE IN DEMAND REALLY PICK UP HERE OVER THE SHORT TERM.> WE HAVE GOT TO KEEP A CLOSE EYE ON VEG OILS AND BEAN OIL IN PARTICULAR. COULD IT BECOME A LEADER IN THE SOY COMPLEX? FOR BRIAN GRETE AND ALL THE EDITORS IN PROFARMER IN CEDAR FALLS, IOWA, I'M CHIP FLORY. AGDAY SPONSORED BY THE ENLIST WEED CONTROL SYSTEM FROM DOW AGROSCIENCES. COMBINING THE PROVEN CONTROL OF A NEW, 2,4-D AND GLYPHOSATE. TAKE CONTROL OF TOUGH WEEDS LIKE NEVER BEFORE.
COUNTRY MUSIC PICKED EXCLUSIVELY FOR AND BY YOU -THE AMERICAN FARMER. THE MUSIC YOU WANT AND THE AG INFORMATION FROM FARM JOURNAL YOU NEED. THE FARM -ON MY FARM RADIO.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN. MIKE WE'VE KIND OF BEEN WATCHING TEXAS GET SOAKED OVER THE LAST MONTH AND IT LOOKS LIKE PARTS OF THE STATE GETTING MORE. THIS FRONT IS GOING TO BE VERY SLOW. I'VE SEEN THIS HAPPEN MANY TIMES IN MY CAREER YOU GET OUT OF A DROUGHT AND IT JUST COMPLETELY GOES THE OTHER WAY. SO WE'RE LOOKING AT MORE HEAVY RAIN FOR PARTS OF SOUTH CENTRAL AND SOUTH EASTERN PORTIONS OF TEXAS AGAIN AS THIS FRONT JUST KIND OF BARELY MOVES TOWARD THE SOUTH EAST THERE WILL BE BANDS OF THUNDERSTORMS THAT JUST KIND OF CONTINUE TO MOVE NORTHEASTWARD ALONG THAT. THE FRONT WILL MOVE A LOT MORE QUICKLY UP IN THE NORTHEAST AND EASTERN GREAT LAKES. ALREADY INTO NEW ENGLAND BY LATER ON TODAY WITH SOME SHOWERS AND THUNDERSHOWERS OUT THAT WAY. THERE WILL BE A FEW SHOWERS AND THUNDERSHOWERS OUT AHEAD OF THIS FRONT BUT NOT QUITE AS MANY AS WE SAW YESTERDAY. BUT NONE THE LESS SOME DECENT SHOWERS AND THUNDERSTORMS WILL CONTINUE IN PARTS OF SOUTHEAST TEXAS AND ACTUALLY OUR COMPUTER MODEL EXCUSE ME SHOWS SOME MOISTURE DEVELOPING BEHIND THIS FRONT AS WE HEAD INTO THE MORNING HOURS TOMORROW. AND ON THROUGH THE DAY TOMORROW AS WELL. A FEW SNOWFLAKES FLYING IN THE UPPER PORTIONS OF THE GREAT LAKES. OTHER THAN THAT, HIGH PRESSURE FROM THE APPALACHIAN'S ALL THE WAY THROUGH MOST OF THE WESTERN STATES KEEPING THINGS DRY. THE NEXT SYSTEM HOWEVER WILL START TO BRING IN SOME RAIN AND MOUNTAIN SNOWS TO THE FAR NORTHWEST. AS WE HEAD THROUGH TOMORROW AFTERNOON. NOW TAKING A LOOK AT PRECIPITATIONS ESTIMATES OVER THE PAST 24 HOURS WE'VE ALREADY SEEN SOME PRETTY HEAVY AMOUNTS PARTS OF EASTERN AND SOUTHERN TEXAS. LIGHTER AMOUNTS BUT NOT BAD AS YOU HEAD ON UP THE FRONT INTO THE WESTERN GREAT LAKES. ADDING ON THE NEXT 36 HOURS YOU CAN SEE THAT WE JUST CONTINUE ADD AT LEAST OUR COMPUTER MODEL DOES TO SOME SECTIONS OF SOUTH CENTRAL TEXAS AND SOME DECENT AMOUNTS OF AN INCH OR MORE IN PARTS OF THE TENNESSEE VALLEY AND SOUTHERN APPLACHIANS. AS FAR AS SNOW IS CONCERNED MOST OF IT IS OBVIOUSLY IN THE HIGHER ELEVATIONS OUT WEST WHERE SEVERAL INCHES HAVE FALLEN IN SOME AREAS. WE'LL CONTINUE TO SEE A LITTLE BIT BUT SOME OF THAT IS COMING TO AN END. A LITTLE BIT UP ALONG THE CANADIAN BORDER AS WELL. HIGH TEMPERATURES TODAY A LOT CHILLIER THAN YOU'VE SEEN RECENTLY WITH 40'S AND 50'S NORTHERN AND CENTRAL PLAINS. STILL PRETTY WARM IN THE SOUTH EAST. LOW TEMPERATURES TONIGHT GOING TO DROP INTO
THE 20'S WIDESPREAD AREAS OF THE NORTHWESTERN PLAINS EVEN DOWN TO DENVER WESTERN KANSAS LOOKING AT 20'S 30'S ALL THE WAY INTO THE GREAT LAKES AGAIN AS THAT COLDER AIR SPREADS IN THAT WAY. AND IT'S GOING TO STAY COOL FOR MOST OF THE COUNTRY AS YOU CAN SEE AS WE HEAD THROUGH TOMORROW AFTERNOON EXCEPT FOR THE FAR SOUTHEASTERN PORTIONS OF THE COUNTRY. NOW HERE'S WHY. THERE'S THE TROUGH THAT'S KIND OF DIGGING IN AND DIGGING EASTWARD FOR A CHANGE BUT IT MOVES QUICKLY AND IT'S REPLACED BY A LITTLE BIT OF A RIDGE EARLY NEXT WEEK BUT IT LOOKS LIKE THIS IS GOING TO TURN INTO A ZONAL FLOW WITH LITTLE RIPPLES MOVING FROM WEST TO EAST AND THAT MEANS EVERYTHING KEEPS MOVING ALONG AND THAT MEANS A FAIR AMOUNT OF MOISTURE OVER THE NEXT COUPLE OF WEEKS. THAT'S A LOOK ACROSS THE COUNTRY NOW LETS TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL FOR SACRAMENTO CALIFORNIA LOTS OF SUNSHINE AND COOL TODAY HIGH TEMPERATURE OF 66. MITCHELL SOUTH DAKOTA PARTLY SUNNY AND BREEZY AS WELL. HIGH OF 50 AND ROANOKE VIRGINIA VARIABLY CLOUDY AND WARM COULD BE A SHOWER HIGH OF 78.
TEASE:
WHEN AGDAY CONTINUES A POPULAR BAGEL MAKER JUMPS ON THE ANIMAL WELFARE BANDWAGON.
AND WE'LL VISIT A CONVENT WITH A FAITHFUL FLOCK. BUT THEY NEED HELP RESPONDING TO A GROWING NUMBER OF PRAYER REQUESTS. DETAILS WHEN WE HEAD IN THE COUNRY.
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.
FOOD AND YOUR FAMILY:
IN FOOD AND YOUR FAMILY CHIPOTLE MEXICAN GRILL STILL WORKING THROUGH AN E-COLI OUTBREAK. THE COMPANY CLOSED 43 RESTAURANTS OVER THE WEEKEND. 12 PEOPLE HAVE BEEN HOSPITALIZED. HEALTH OFFICIALS ARE STILL LOOKING FOR THE CAUSE. CHIPOLTE NOW HIRING A FOOD-SAFETY CONSULTING FIRM TO HELP TO TEST INGREDIENTS...AND IT'S REPLEACING ALL OF THE FOOD IN THE CLOSED LOCATIONS.
PANERA BREAD MAKING PROMISES TO STOP BUYING EGGS FROM SUPPLIERS THAT KEEP HENS IN CAGES.
THE RESTAURANT CHAIN PUTTING A TIME LIMIT OF 5 YEARS TO MAKE THAT HAPPEN. IT USES ROUGHLY 120 MILLION EGGS A YEAR. PANERA ALSO PLANS TO SOURCE ALL OF ITS PORK FROM GESTATION CRATE FREE PRODUCERS, AND PLEDGE NEARLY 90 PERCENT OF BEEF WILL BE GRASS FED.
SPEAKING OF DAIRY, TOTAL CHEESE OUTPUT IN SEPTEMBER TIPPING SCALES AT 956 MILLION POUNDS.
THAT'S UP ABOUT 2 AND HALF (2.4%) PERCENT COMPARED TO 2014. BUTTER PRODUCTION ALSO CLIMBING. SEPTEMBER SAW 134 MILLION POUNDS DUIRNG THE MONTH--A LITTLE LESS THAN A PERCENTAGE (0.9) POINT ABOVE YEAR AGO LEVELS.
ALTHOUGH IT WAS MORE THAN 4 PERCENT (4.3) HIGHER THAN AUGUST. THE UNITED NATION'S FOOD AND AGRICUTURE ORGANIZATION SAYS EL NINO IS ALREADY STARTING TO IMPACT FOOD COSTS.
IT'S LATEST REPORT INDICATES GLOBAL FOOD PRICES ROSE THE MOST IN THREE YEARS THE LAST MONTH.
TEASE:
EL NINO EFFECTS STARTING TO HIT CROPS...BRINGING TOO MUCH RAIN TO SOME AREAS AND NOT ENOUGH TO OTHERS.
FROM HEAVY RAIN HURTING SUGAR HARVEST IN BRAZIL TO DROUGHT IN SOUTHEAST ASIA PUSHING VEGETABLE OIL PRICES UP MORE THAN 6 PERCENT.
AND WITH A DWINDLING NUMBER OF NUNS, ONE CONVENT IS LOOKING FOR HELP TO SPREAD THE LOVE TO STRANGERS. THE "POWER OF PRAYER" WHEN WE RETURN.
RECEIVE A FREE TRIAL OF THE DAILY MARKET LETTER AND GAIN KNOWLEDGE ABOUT CURRENT MARKET CONDITIONS FROM THE PROFESSIONALS AT BOWER TRADING. VIEW THE MARKETS LIKE NEVER BEFORE .GO TO BOWERTRADING-DOT-COM.
NUNS PRAY FOR STRANGERS 24/7
THE FRANCISCAN SISTERS OF PERPETUAL ADORATION HAVE KEPT A TRADITION GOING THAT DATES BACK TO 1878. THE NUNS IN SOUTHWEST WISCONSIN HAVE BEEN PRAYING NONSTOP FOR THE SICK AND TROUBLED. THEY RESPOND TO CALLS, LETTERS AND EMAILS FROM AROUND THE WORLD -AT ALL HOURS OF THE DAY. CARRIE ANTLFINGER HAS THE STORY ABOUT THE POWER OF PERPETUAL PRAYER. DONNA BENDEN IS ABOUT TO BEGIN HER SHIFT.
"I DON'T KNOW WHY I PICKED WEDNESDAY BUT I PICKED THAT TIME BECAUSE I CAN PRAY FROM 7 TO 8 AND THEN I CAN GO TO WORK AT 8." EVERY WEEK SHE HELP STRANGERS.... BY PRAYING
FOR THEM. "SOMETIMES IT'S OVERWHELMING WITH THE PAIN THAT PEOPLE HAVE AND THE ILLNESSES THAT THEY ARE
SUFFERING." SINCE 1878, THE FRANSICAN SISTERS OF PERPETUAL ADORATION IN LA CROSSE, WISCONSIN HAVE BEEN OPENING THEIR HEARTS AND PRAYING FOR THE SICK, TROUBLED AND STRESSED OUT --NON STOP --DAY AND NIGHT.
"EVERY DAY I RECEIVE THE INTENTIONS THAT WE RECEIVE FROM ALL OVER THE WORLD BY PHONE AND BY EMAIL AND BY PAPER SLIPS AND I RESPOND TO THEM. I GOT THIS ONE PRAYER THAT WAS, 'PRAY FOR ME IN APARTMENT 8, BUILDING B BECAUSE OUR SEWAGE HAS OVERFLOWED AND THERE'S WATER EVERYWHERE."  SISTER HENNESSEEY SUMMARIZES THE PRAYER REQUESTS EVERYDAY AND PUTS THEM IN A FOLDER IN THE ADORATION CHAPEL, WHERE AT LEAST TWO PEOPLE ARE PRAYING AT ALL TIMES. SOMEONE RECENTLY REQUESTED PRAYERS FOR ELEMENTARY SCHOOL PRINCIPAL LAURA HUBER.
"TEN MONTHS AGO I WAS DIAGNOSED WITH BREAST CANCER. THE PRAYER SUSTAINED ME IN WAYS THAT I HAVEN'T BEEN ABLE TO ARTICULATE AT THIS POINT IN TIME. "
ABOUT 18 YEARS AGO, THE NUMBER OF NUNS STARTED DWINDLING SO THEY ASKED THE COMMUNITY TO HELP OUT IN THE ONE-HOUR SHIFTS.
"I THINK WEDNESDAY IS THE BEST DAY OF THE WEEK EVERY DAY, EVERY TIME, BECAUSE I START WITH THAT PEACE." AND IF SOMEONE DOESN'T SHOW UP FOR THEIR SHIFT?
"IF IT'S 11 O'CLOCK AT NIGHT AND IT'S MY HOUR AND ANOTHER SISTER DOESN'T SHOW UP I CAN'T JUST GO TO BED. YOU'RE LIKE 'IT'S 137 YEARS."  SPREADING LOVE TO STRANGERS --ONE PRAYER AT A TIME.
CARRIE ANTLFINGER, ASSOCIATED PRESS, LA CROSSE, WISCONSIN.
CLOSING:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR MIKE HOFFMAN, AND ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY.
PROMO:
I'M CLINTON GRIFFITHS. MONDAY ON AGDAY ARE YOU IN THE MARKET FOR GOOD USED FARM EQUIPMENT? WHETHER IT'S A PICKER OR A PLANTER, MACHINERY PETE CAN TELL YOU THE GOING PRICE.
AND SEE HOW KEY PARTNERSHPS ARE HELPING SUPPORT DAIRY PRICES AT HOME. WATCH US WEEKDAYS FOR AGDAY.

 

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