AgDay Daily Recap -April 8, 2016

April 8, 2016 02:57 AM
 

TODAY ON AGDAY
APRIL 8, 2016


OPENING HEADLINES:
COMING UP TODAY ON AGDAY -  THE DROUGHT MONITOR IS EXPANDING IN THE PLAINS.
WHEAT PRODUCERS GROWING NERVOUS ABOUT A POTENTIAL COLD BLAST. IN AGRIBUSINESS- ARE FARMERS DECREASING THEIR CORN ACRES AFTER USDA'S REPORT? AND YOUNGERS GET A TASTE ON THE IMPORTANCE OF VOTING.
DROUGHT INTENSIFIES IN KANSAS AND OKLAHOMA:
GOOD MORNING I'M BETSY JIBBEN. DROUGHT CONDITIONS IN THE NATION'S PRIMARY WHEAT BELT CONTINUE TO DECLINE. WE'VE SHOWN YOU THESE INTENSE WILDFIRES IN KANSAS AND OKLAHOMA THE PAST TWO WEEKS. THE CONDITIONS HAVE BEEN IDEAL FOR PUSHING THESE FIRES OUT OF CONTROL -DRY CONDITIONS AND GUSTING WINDS. AND THE DRYNESS IS INTENSIFYING. THE JUST-UPDATED NATIONAL DROUGHT MONITOR SHOWS SOME FORM OF DROUGHT NOW COVERING 94-PERCENT OF KANSAS. THAT'S 20 POINTS WORSE THAN LAST WEEK. MODERATE DROUGHT COVERS A THIRD OF THE STATE. IT'S A SIMILAR STORY IN NEIGHBORING OKLAHOMA WHICH IS ALSO STRUGGLING WITH FIRESTORMS. DROUGHT NOW COVERS THREE-QUARTERS OF THE STATE.
DROUGHT SPREADING TO NEBRASKA:
DROUGHT IS ALSO STARTING TO CREEP INTO SOUTHERN NEBRASKA. ABOUT A QUARTER OF THE STATE WAS ADDED TO THE "ABNORMALLY DRY" LIST. SOME POCKETS OF THE WHEAT BELT HAVE FELT MOISTURE....TOO MUCH IN FACT. WHEAT SPECIALISTS SAY THAT MOISTURE ALONG WITH MILD WINTER IS BRINGING ON SOME UNWANTED FOL-E-AIR DISEASES -ESPECIALLY IN KENTUCKY.
SPRING FREEZE IN ILLINOIS:
SOIL TEMPERATURE IS HOLDING SOME FARMERS SOME STATES, THE TEMPERATURE WAS WARMER DURING THE WINTER THAN IT IS NOW! TAKE A LOOK AT THIS: THE ILLINOIS STATE WATER SURVEY SHOWS THE SOIL TEMPERATURE IN MIDDECEMBER COMPARED TO EARLIER THIS WEEK. DECEMBER HAD WARMER SOIL TEMPERATURES THAN MOST AREAS THIS WEEK IN ILLINOIS -EVEN THOUGH MOST AREAS ARE HOVERING AROUND THE 50 DEGREE MARK. GROWERS SAY THE GROUND DIDN'T FREEZE AS DEEPLY AND MOST AREAS DIDN'T RECEIVE MUCH SNOW.
CROP COMMENTS:
LET'S CHECK IN WITH MIKE HOFFMAN FOR THIS MORNING'S CROP COMMENTS. MIKE. GOOD MORNING, BETSY. LET'S START OFF IN THE OKLAHOMA PANHANDLE. KATIE JOHNSON SAYS THIS IS A HUGE DUST CLOUD ABOUT THE HIT THE TOWN. SHE SAYS "IT'S WINDY AROUND HERE. WE NEED SOME RAIN!"
TEASE:
PLENTY MORE AHEAD ON AGDAY, INCLUDING A VISIT FROM OUR PARTNERS AT PRO FARMER. THEY WONDER IF YOU'VE MADE ANY CHANGES FROM YOUR MARCH PLANTING INTENTIONS TO YOUR APRIL PLANTING INTENTIONS. PLUS, WE DUST-OFF OUR ROAD-MAP AND START OUR JOURNEY TO LOOK AT GREAT AMERICAN BARNS ACROSS THIS GREAT LAND.
PLUS WE'RE TALKING POLITICS....AND GETTING TEENAGERS INTERESTED IN THEIR CIVIC DUTY TO VOTE! 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 FIOND AND VALUE YOUR NEXT PIECE OF USED EQUIPMENT.
FROM THE FLOOR OF THE CME:
LET'S SEE HOW THE MARKETS CLOSED ON THURSDAY. FOR THAT, WE HEAD TO THE CME FLOOR IN CHICAGO. IT HAS BEEN A NICE SESSION FOR THE GRAINS. I WANT TO START WITH THAT CORN THOUGH. THAT'S SPECIFICALLY THE MAY CORN CONTRACT. RIGHT UP IN OUR RESISTANCE POCKET. I'D BE A LITTLE WEARY WITH 3.60 AND-A-HALF. THAT'S GOING TO BE A PIVOTAL CLOSE. THIS HAS BEEN OLIVER SLOUP WITH IITRADER FROM THE FLOOR OF THE CME.
ARGENTINA EXPECTED TO PRODUCE TEN-AND HALF MILLION ACRES:
WHILE THE U-S COULD SEE A BIG JUMP IN CORN PLANTINGS THIS SPRING, THE  INCREASE WILL BE DWARFED BY ARGENTINA'S POTENTIAL PLANTINGS. USDA'S FOREIGN AG SERVICE SAYS ARGENTEEN CORN PRODUCTION WILL JUMP 17-PERCENT IN THE NEXT PLANTING SEASON. THAT WOULD THE HIGHEST LEVEL ON RECORD. USDA EXPECTS ARGENTINA WILL LEAP FROM TWO-AND-HALF MILLION CORN ACRES TO TEN-AND HALF MILLION ACRES. CORN EXPORT RESTRICTIONS HAVE LONG MADE THE GRAIN LESS PROFITABLE TO PLANT THAN SOYBEANS. BUT AFTER THEIR FEDERAL ELECTION LAST YEAR, TARIFF POLICY CHANGES REVERSED THE NEED FOR BIG BEAN ACRES.
PROFARMER:
NOW THAT USDA RELEASED ITS MARCH PROSPECTIVE PLANTINGS REPORT, ARE YOU MAKING ANY CHANGES FROM YOUR MARCH INTENTIONS TO YOUR APRIL INTENTIONS. WE TAKE A CLOSER LOOK IN THIS MORNING'S PROFARMER PROFIT BRIEFING.
WELL, BRIAN, WE GOT THE PROSPECTIVE PLANTING REPORT OUT OF THE WAY, THE QUARTERLY GRAIN STOCKS REPORT CAME WITH IT AS WELL AT THE END OF MARCH. AND YOU KNOW, A LOT OF TIMES THAT QUARTERLY GRAIN STOCKS REPORT IS GOING TO HAVE MORE IMPACT ON PRICE ACTION FOLLOWING THE LATE MARCH REPORTS FROM USDA THAN THE PROSPECTIVE PLANTINGS REPORT. BUT NOT THE CASE THIS TIME. > NOT THIS YEAR AT ALL.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, SOME AREAS IN THE PLAINS ARE DRIER THAN THEY WERE FOUR WEEKS AGO. WE TALKED ABOUT IT A LITTLE BIT IN OUR A-BLOCK. WHY IS THAT? IT'S HARD TO EXPLAIN WITH THE PATTERN. SOME AREAS ARE JUST GETTING MISSED AND A LOT OF TIMES DROUGHT BREEDS MORE DROUGHT BECAUSE THERE ISN'T AS MUCH EVAPORATION AND THUNDERSTORMS DON'T DEVELOP. SOMETIMES WE GET INTO THAT PATTERN. WE HOPE THAT CHANGES. YOU WILL WATCH THINGS OVER THE PAST FOUR WEEKS HOW EXPANDING AREAS OF DROUGHT IN OKLAHOMA AS WELL AS NORTH DAKOTA AND THOSE TWO AREAS APPEAR TO BE GETTING MISSED BY A LOT OF THE RAIN OVER THE PAST FEW WEEKS.THAT AREA OUT WEST CONTINUES TO DIMINISH WHICH IS GOOD NEWS FOR CALIFORNIA AND NEVADA. SO LET'S CHECK THE WEATHER MAPS TODAY. YOU CAN SEE WHERE WE REALLY DO NEED THE RAIN. OUT WEST WE ARE GETTING SOME. NEW MEXICO, ARIZONA, CALIFORNIA. IN FACT, ONE SYSTEM IS COMING NORTH. ANOTHER ONE IS COMING EASTWARD. FARTHER TO THE EAST, NOT REALLY GETTING THE MOISTURE WE NEED IN THE SOUTH-CENTRAL PLAINS OR THE NORTH DAKOTA AREA. HIGH PRESSURE DOMINATING THOSE TWO SECTIONS. BUT YOU WILL NOTICE THE STORM SYSTEM MOVING AWAY FROM THE NORTHEAST.
REGIONAL WEATHER:
NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. WE'LL HEAD TO PRESCOTT, ARIZONA, COOLER WITH A SHOWER OR THUNDERSTORM LIKELY. THE HIGH OF 61. FARGO, NORTH DAKOTA IS PARTLY SUNNY, BREEZY AND CHILLY. THE HIGH IS 31. IN WHEELING, WEST VIRGINIA, IT'S CLOUDY AND OCCASIONAL SNOW OR RAIN SHOWER. THE HIGH IS 45.
TEASE:
DO YOU LIKE OLD STYLE BARNS? SO DO WE! WE'RE GOING TO START SHOWCASING SOME OF OUR FAVORITES. THAT'S NEXT. AND LATER, ARE YOU TIRED OF THE CAMPAIGN SEASON ALREADY? LATER, WE'LL HAVE A STORY THAT MAY HELP YOU FEEL A BIT BETTER ABOUT THE POLITICAL PROCESS.

GREAT AMERICAN BARNS:
THIS MORNING WE'RE RE-LAUNCHING A FEATURE SEGMENT ON AGDAY THAT WE HOPE YOU ENJOY. IT'S CALLED "GREAT AMERICAN BARNS". WE SHOWCASE THOSE ICONIC TREASURES THAT HAVE SERVED FARMERS FOR GENERATIONS. TODAY WE HEAD TO BAR HARBOR MAINE. THE TOWN IS KNOWN FOR ITS STUNNING COASTAL BEAUTY, AS WELL AS ITS LOBSTER BOATS AND MANY LUXURIOUS YACHTS. IT WAS THE SUMMER PLAYGROUND FOR THE ROCKEFELLERS AND THE VANDERBILTS.
I'M AL PELL. WE'D LIKE TO SHOWCASE YOUR FAVORITE BARN ON AGDAY.
TEASE:
STILL TO COME -WE'RE TALKING ABOUT POLITICS. BUT THERE'S NO MUD-SLINGIN' HERE. I'M CHARLES DENNEY. THEY'RE TOO YOUNG TO VOTE FOR PRESIDENT IN 2016. BUT SOME 4H'ERS IN TENNESSEE ARE LEARNING ABOUT THE RESPONSIBLITY OF VOTING. SOME FUTURE PRESIDENTIAL VOTERS AT TENNESEES 4H CONGRESS. THAT'S NEXT ON AGDAY.
IN THE COUNTRY:
THIS ELECTION YEAR, SOME TENNESSEE TEENAGERS – NOT QUITE OLD ENOUGH TO VOTE – ARE STILL LEARNING THE IMPORTANCE OF CASTING A BALLOT. YOUNGSTERS AT THE RECENT 4-H CONGRESS IN NASHVILLE VOTED ON THEIR OWN AGENDA ITEMS, BUT ALSO GOT A LESSON IN FUTURE CIVIC RESPONSIBILITY. CHARLES DENNEY INTRODUCES US TO SOME VOTERS IN THE 2020 PRESIDENTIAL ELECTION.
TEASE:
THAT'LL DO IT FOR US THIS WEEK. THANKS FOR TUNING IN. FOR CLINTON GRIFFITHS AND MIKE HOFFMAN, I'M BETSY JIBBEN.. HAVE A GREAT WEEKEND.
PROMO:
I'M BETSY JIBBEN. MONDAY ON AGDAY MACHINERY PETE WILL BE HERE AS HE SHARES SOME OF THE BEST USED EQUIPMENT DEALS IN THE COUNTRY. WE'LL HAVE GRAIN MARKET ANALYSIS FROM CHICAGO. AND A FARMER "CRAZY ABOUT CABBAGE". WATCH US WEEKDAYS RIGHT HERE ON AGDAY.

 

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