AgDay Daily Recap -April 9, 2015

April 9, 2015 02:57 AM
 

TODAY ON AGDAY
APRIL 9, 2015

OPEN HEADLINES:
TODAY ON AGDAY - CHICKEN PRODUCERS INCREASE THEIR BIOSECURITY STEPS AS AVIAN MAJOR SHIPPING FIRMS WEIGH ANCHOR AT WEST COAST PORTS. IN AGRIBUSINESS - THE PRICE OF SHIPPING GRAIN. MCDONALDS PLANS TO "UP THE BEEF" AS IT BATTLES NEW COMPETITORS. AND FFA MEMBERS LEARN HOW TO 'EYE THE PRIZE'.AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
AVIAN INFLUENZA FJR:
GOOD MORNING I'M BETSY JIBBEN. CLINTON GRIFFITHS HAS THE DAY OFF. WHILE THE MAJORITY OF AVIAN FLU CASES HAVE INVOLVED TURKEY FLOCKS, CHICKEN GROWERS ARE NONETHELESS-CONCERNED THAT THEIR BARNS COULD GET HIT WITH THE DEADLY PATHOGEN...AND THAT'S OUR TOP STORY ON AGDAY.
PILGRIMS VANDALISM:
A FORMER CONTRACT GROWER FOR PILIGRIM'S PRIDE IS NOW ACCUSED OF VANDALIZING 16 CHICKEN HOUSES IN SOUTH CAROLINA, WHICH LED TO THE DEATHS OF 300-THOUSAND CHICKENS.
PORT OF PORTLAND:
ANOTHER SHIPPING COMPANY HAS PULLED ITS SERVICES OUT OF A TERMINAL AT THE PORT OF PORTLAND OREGON. GERMAN CONTAINER SERVICE, HAP-AYG-LLOYD OFFICIALLY ANNOUNCED FOR A 'PERMANENT OMISSION' FROM TERMINAL 6 AT THE PORT OF PORTLAND THIS WEEK.
COLD TRAIN:
MEANWHILE A KANSAS-BASED COMPANY THAT SPECIALIZED IN SHIPPING FRESH PRODUCE FROM THE PACIFIC NORTHWEST TO CHICAGO IN 72 HOURS IS NOW SUING B-N-S-F RAILROAD.
ANALYSIS:
ANGIE MAGUIRE, CITIZEN'S GRAIN IS OUR GUEST HERE AT THE AGRI-BUSINESS DESK. ANGIE, ONE OF THE THINGS I'D LIKE TO ASK YOU ABOUT AND I STILL CAN REMEMBER A YEAR AGO WHEN WE WERE TALKING ABOUT HOW THE TRANSPORTATION EFFECTED OATS PRICES PARTICULARLY. YEAH. BUT THEN YOU ALSO EXPLAINED THAT TRANSPORTATION CAN BE FIGURED INTO ALL MOVEMENT OF GRAIN, WHATEVER IT IS. YEAH. TRANSPORTATION IS ONE OF YOUR MAIN PIECES OF BASIS WHICH IS OF COURSE THE DIFFERENCE BETWEEN YOUR CASH PRICE AND FUTURES AND WHAT YOU GET AS A FARMER, SO. THAT'S WHY IF YOU LIVE CLOSER TO A PLACE RIGHT A LITTLE UNDER A BOAT IT'S CHEAPER…OH YEAH. YOU GET BASIS, RIGHT. OKAY CAUSE YOU DON'T HAVE TO WORRY ABOUT THE COST IT TAKES TO GET YOU FROM WHERE IT IS TO WHERE IT'S NEEDED. SO HOW IS OUR TRANSPORTATION SYSTEM? IT IS IMPROVED QUITE A BIT. I MEAN I GUESS 50 DOLLAR, SUB 50 DOLLAR OIL WILL DO THAT TO AN INDUSTRY, I GUESS CAUSE WE'RE NOT COMPETING AS MUCH. WE'VE SEEN THE DIFFERENT GOVERNMENT PROGRAMS AND POLICIES IN CANADA THAT HAVE COME INTO EFFECT AND EVEN NOW IT SEEMS LIKE THEY'RE ACTUALLY REQUESTING THAT THEY BACK OFF ON THE AMOUNT OF GRAIN, MANDATORY GRAIN SHIPMENTS THAT THEY WERE REQUIRING A YEAR AGO, JUST BECAUSE THE GRAIN ISN'T NECESSARILY HAVING TO MOVE AS FAR. YOU HAVE SEEN IN THE NORTHERN PLAINS, LAST YEAR, NORTH DAKOTA'S CORN BASIS WAS ABSOLUTELY IN THE DUMPS. SOUTH DAKOTA WAS THE SAME, MINNESOTA. AND OF COURSE THIS TRANSITION INTO MORE SOYBEAN ACRES THIS PAST YEAR, COMBINED WITH THE FACT THAT BASIS OR USAGE HAS CAUGHT UP WITH THE SUPPLY THAT IS UP THAT WAY HAS IMPROVED BASIS A BIT. SO WE'RE GOING TO CONTINUE TO SEE SOME UPS AND FLOWS OF TRANSPORTATION. THIS WINTER WAS PARTICULARLY TOUGH FROM A TEMPERATURE STANDPOINT, BUT DIDN'T SEEM TO FREEZE UP MOST GRAIN MOVEMENT. OF COURSE LOW PRICES HAVEN'T REALLY ENCOURAGED A SIGNIFICANT AMOUNT OF MOVEMENT EITHER. SO IT'LL BE INTERESTING TO SEE WHAT HAPPENS IF WE DO GET A SPIKE IN CORN PRICES ESPECIALLY, TO SEE WHAT HAPPENS WITH BASIS. IN THIS POINT I THINK WE NEED TO SEE A SPIKE IN CORN FUTURES TO GET A FEEL FOR WHAT'S TRULY OUT THERE ON THE FARM THAT NEEDS TO MAKE IT'S WAY. DO YOU SEE ANY PROBLEMS IN THE FUTURE EITHER WATER OR RAIL TRANSPORTATION. WE GOT A LOT OF SEMIS BUT THAT'S THE OTHER THING, THEY VARY ON PRICES. YEAH. THEY VARY ON PRICES OF COURSE FUEL COST HAS HELPED BUT WE HAVE SEEM A MOVEMENT I KNOW PARTICULARLY IN MICHIGAN, WHICH IS NOT NECESSARILY INDICATIVE OF THE REST OF THE WORLD BUT I KNOW FOR US, WE'VE SEEN AN INCREASE IN RAIL RATES. IT'LL BE INTERESTING TO SEE HOW THINGS DEVELOPED. IT'S ALWAYS INTERESTING. IT'S ALWAYS CRAZY. THERE'S ALWAYS SOMETHING NEW THAT HAPPENS. KEEP PAUSING. YEAH. ANGIE MAGUIRE, OUR GUEST HERE AT AGDAY BACK WITH MORE IN A MOMENT…
TEASE:
DON'T FORGET WE'RE GIVING AWAY A KUBOTA KOMMANDER. GO TO AGDAY-DOT-COM TO REGISTER TO WIN. WE ANNOUNCE THE WINNER IN TWO WEEKS.
MCDONALDS SIRLOIN BURGERS:
MCDONALDS WILL BE SERVING A NEW SIRLOIN BURGER NEXT MONTH. THE GOLDEN ARCHES IS SET TO ROLL OUT A BEEFIER' SIRLOIN THIRD POUND' BURGER IN ORDER TO MAKE MCDONALDS A 'PROGRESSIVE BURGER COMPANY' AND WIN BACK LOST SALES. MCDONALDS IS HOPING CUSTOMERS COUGH UP 4-99 FOR THE NEW BURGER.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

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