AgDay Daily Recap -August 17, 2017

August 17, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
AUGUST 17, 2017


HEADLINES
A REVIEW AND RENEGOTIATIONS OF THE NORTH AMERICAN FREE TRADE  AGREEMENT IS OFFICALLY UNDERWAY.  "AMERICAN POLITICIANS HAVE BEEN PROMISING TO RENEGOTIATE NAFTA FOR YEARS, BUT TODAY  PRESIDENT TRUMP IS GOING TO FULFILL THOSE PROMISES." PLUS, WHAT TO DO ABOUT WHEAT BASIS. AND FORGET ABOUT WARNING--IT WAS NO WORRIES FOR THESE EGG EATERS IN  EUROPE. AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

NAFTA RENEGOTIATIONS BEGIN
"AND LET THE GAMES BEGIN"....GOOD MORNING I'M CLINTON GRIFFITHS. THE  FIRST DAY OF NEGOTIATIONS TO "MODERNIZE" THE NORTH AMERICAN FREE  TRADE AGREEMENT IS NOW IN THE BOOKS. THE CHIEF NEGOTIATOR FOR THE U-S SAYS PRESIDENT TRUMP'S INTENT IS  CLEAR.  "... HE IS NOT INTERESTED IN A MERE TWEAKING OF A FEW PROVISIONS AND A COUPLE OF UPDATED  CHAPTERS.  WE FEEL THAT NAFTA HAS FUNDAMENTALLY FAILED MANY, MANY AMERICANS AND NEEDS  MAJOR IMPROVEMENT."NEGOTIATORS FOR CANADA, MEXICO AND THE U-S SITTING DOWN FOR THE FIRST  DAY OF WHAT WILL BECOME MONTHS OF TRADE TALK BETWEEN THE THREE  COUNTRIES.NATIONAL REPORTER BETSY JIBBEN TAKES A CLOSER LOOK AT THE FIRST DAY OF  ACTION. REPRESENTATIVES WITH CANADA, MEXICO AND THE UNITED STATES MET IN  WASHINGTON D.C. FOR THE FIRST OF MANY ROUNDS OF NAFTA RENEGOTIATIONS  FOR THE NORTH AMERICAN FREE TRADE AGREEMENT. THEY ALL MET WITH  REPORTERS PRIOR TO NEGOTIATION TALKS.   "HOPEFULLY WE WILL DEVELOP MODEL PROVISIONS THAT CAN BE USED FOR YEARS AHEAD AND THAT  HAVE THE FLEXIBILITY TO ADAPT TO FUTURE INNOVATIONS THAT WE CAN'T EVEN IMAGINE AT THIS POINT."WHILE PLANNING FOR THE FUTURE OF TRADE, LIGHTHIZER ACKNOWLEDGES  NAFTA HAS WORKED FOR AMERICAN AG.  "FOR MANY OF OUR FARMERS AND RANCHERS, CANADA AND MEXICO ARE THEIR LARGEST EXPORT  MARKETS. 51 AMERICANS SEND BILLIONS OF DOLLARS OF CORN, SOY AND POULTRY ACROSS OUR BORDERS,"LIGHTHIZER ALSO HIGHLIGHTING IMPROVEMENT-SAYING AT LEAST 700,000  AMERICANS HAVE LOST THEIR JOBS AND THE U.S. NEEDS TO TAKE TRADE  DEFICITS INTO CONSIDERATION.  CANADA MINISTER OF FOREIGN AFFAIRS  SAYS ' CANADA'S TRADE WITH THE U.S.  IS  QUOTE BALANCED AND MUTUALLY BENEFICIAL.'  SHE SAYS CANADA DOESN'T VIEW TRADE SURPLUSES OR DEFICIETS AS A PRIMARY  MEASURE OF WHETHER A TRADING RELATIONSHIP WORKS.  "IN 2016, CANADA AND THE UNITED STATES TRADED 635.1 BILLION U.S. DOLLARS WORTH OF  GOODS AND SERVICES. THAT EXCHANGE WAS ALMOST PERFECTLY RECEPTRICAL. 16 IN FACT, THE UNITED  STATES RAN A SLIGHT SURPLUS WITH US WITH 8.1 BILLION U.S. DOLLARS. "> MEXICO SECRETARY OF ECONOMY EXPRESSING NAFTA AS A 'STRONG SUCCESS  FOR ALL PARTIES BUT ALSO AGREE ROOM FOR CONVERSATION.'  "THE ISSUE IS NOT TEARING APART WHAT  HAS WORKED BUT RATHER HOW WE CAN MAKE THE  AGREEMENT BETTER."FOR THE DEAL TO BE SUCCESSFUL, THE TRADING PARTNERS NEED TO AIM FOR A  'WIN, WIN, WIN FOR ALL COUNTRIES.' THAT'S WHAT MEXICO PLANS TO DO.  "FOR A DEAL TO BE SUCCESSFUL, IT NEEDS TO WORK FOR ALL PARTIES  INVOLVED. OTHERWISE IT'S NOT A DEAL. ""MY HOPE IS THAT TOGETHER WE WILL PRODUCE A RESULT WHICH WILL GET US TO FREE-ER  MARKETS, FAIRER AND BALANCED TRADE AND STRONGER TIES BETWEEN OUR THREE COUNTRIRES.  THANKYOU VERY MUCH AND NOW WE'LL GET DOWN TO WORK,"LIGHTHIZER SAYS THERE ARE SOME EXAMPLES OF THE DEAL HE WOULD LIKE TO  SEE CHANGED WITH AGRICULTURE. THOSE INCLUDE PROTECTING INTELLECTUAL  PROPERTY, PROMOTING SCIENCE-BASED AGRICULTURAL TRADE, IMPROVING  ENERGY PROVISIONS, CREATING STRONG LABOR PROVISIONS IN THE  AGREEMENT AND ASSURING EQUAL ACCESS WITH AGRICULTURE.

AFBF WANTS NAFTA MODERNIZATION
MEANWHILE THE AMERICAN FARM BUREAU FEDERATION WAS JOINED BY ITS  CANADIAN AND MEXICAN COUNTERPARTS TO URGE NEGOTIATORS NOT TO  "DISMANTLE" THE TRADE PACT, BUT MODERNIZE IT TO THE BENEFIT OF ALL THREE  TRADING PARTNERS. JOINTLY THE THREE GROUPS SAY AGRICULTURE HAS BEEN A BIG SUCCESS STORY OF NAFTA. "OUR STAND IS THAT WE DO NO HARM. THIS HAS BEEN A GOOD TRADE FOR NORTH AMERICAN AG FROM MEXICO TO CANADA AND WE WANT TO MAKE SURE WE HAVE OUR VOICE HEARD LOUD AND CLEAR THAT WE DONT' WANT TO HARM THE GAINS WE'VE HAD IN IT. THE PRESIDENT OF THE UNITED STATES IS MY PRESIDENT TOO AND HE'S THE PRESIDENT FOR THE FARMERS AND RANCHERS OF THIS COUNTRY  WHO PLAYED A MAJOR ROLE IN GETTING US ELECTED. HE PROMISED US A MAJOR ROLE TO GET TRADE TREADIES FAIR FOR ALL AMERICAN PEOPLE, "THE THREE PRESIDENTS AGREED ON THE NEED TO BUILD ON THE ORIGINAL  AGREEMENT'S SUCCESS BY LOOKING FOR WAYS TO INCREASE TRADE VOLUMES.  THE GROUPS ISSUED THEIR FIVE POINTS FOR MODERNIZATION, INCLUDING INCREASED AND IMPROVED REGULATORY ALIGNMENT, IMPROVED FLOW OF  GOODS AT BORDER CROSSINGS, FURTHER ALIGNMENT OF SANITARY AND  PHYTOSANITARY MEASURES USING A SCIENCE-BASED APPROACH, ELIMINATION  OF NON-SCIENCE BASED TECHNICAL BARRIERS, AND REVISIONS THAT REFLECT  TECHNOLOGICAL ADVANCES SUCH AS DIGITAL TRADE. CAUTION AND UNCERTAINTY WAS THE REACTION FROM END USERS IN MEXICO  DURING MY TRIP THERE LAST WEEK. I WAS A GUEST OF THE U.S. GRAINS COUNCIL LAST WEEK ON A TOUR TO DISCUSS  NAFTA AND BUYERS MOODS AHEAD OF NEGOTIATIONS. "WE'RE HEARING A LOT OF UNCERTAINTY. I THINK ON BOTH SIDES. AND DEFINITELY A LOT OF CAUTION. I  THINK THAT. OUR END USERS AND OUR CUSTOMERS UNDERSTAND THAT THEIR BUSINESSES COULDN'T  SURVIVE WITHOUT NAFTA. SO. SO THIS ISN'T THIS IS NO SMALL MATTER. AND I THINK THEY'RE TAKING IT  VERY SERIOUSLY. WORKING DIRECTLY WITH THEIR GOVERNMENTS" WELL EVERYBODY IS DEFINITELY NERVOUS BECAUSE THE POSSIBILITY OF NAFTA FALLING APART A COULD  LEAD TO A SITUATION WHERE EITHER WE HAVE INSUFFICIENT SUPPLY OR A SITUATION WHERE THE AMOUNT  THAT WE WOULD HAVE TO PAY WOULD BE TOO MUCH WELL WE TRUST THAT BOTH GOVERNMENTS WILL EVENTUALLY REACH AN AGREEMENT BUT UNFORTUNATELY  GRAINS HAPPENED TO BE A VERY THAT'S A CHIP THAT BOTH GOVERNMENTS HAVE TO BE USING IN THESE  NEGOTIATIONS.YOU CAN SEE AND READ MORE ABOUT MY TRIP TO MEXICO ON AGWEB DOT COM.

LIGHTHIZER TO INVESTIGATE CHINA
MEANWHILE THE U-S TRADE REP HAS ALSO BEEN ORDERED BY PRESIDENT  TRUMP TO INVESTIGATE WHETHER CHINA DEMANDS U-S COMPANIES TO DIVULGE  TRADE SECRETS IN ORDER TO TRADE IN THE CHINESE MARKET.  THE PRESIDENT SIGNED AN EXECUTIVE ACTION MONDAY ASKING THE TRADE  OFFICE TO EXPLORE A POSSIBLE INVESTIGATION INTO CHINA FOR THE ALLEGED  THEFT OF AMERICAN TECHNOLOGY AND INTELLECTUAL PROPERTY. "THE THEFT OF INTELLECTUAL PROPERTY BY FOREIGN COUNTRIES COSTS OUR NATION MILLIONS OF JOBS AND  BILLIONS AND BILLIONS DOLLARS FOR EACH AND EVERY YEAR. FOR TOO LONG THIS WEALTH HAS BEEN  DRAINED FROM OUR COUNTRY WHILE WASHINGTON HAS DONE NOTHING, THEY HAVE NEVER DONE  ANYTHING ABOUT IT. BUT, WASHINGTON WILL TURN A BLIND EYE NO LONGER."TRUMP WANTS THE U-S-T-R  TO DIG INTO CHINESE PRACTICES THAT FORCE  AMERICAN COMPANIES TO SHARE THEIR INTELLECTUAL PROPERTY IN ORDER TO  GAIN ACCESS TO THE WORLD'S SECOND-LARGEST ECONOMY.

DUARTE SETTLES
CALIFORNIA FARMER, JOHN DUARTE IS SETTLING HIS DISPUTE WITH THE  FEDERAL GOVERNMENT FOR 1 POINT 1 MILLION DOLLARS. YOU MAY REMEMBER HE WAS SUED BY THE ARMY CORP OF ENGINEERS FOR  PLOWING A FORMER WHEAT FIELD WITHOUT A CLEAN WATER ACT PERMIT. HE AGREED TO PAY A 330-THOUSAND DOLLAR CIVIL PENALTY AND BUY NEARLY  800-THOUSAND DOLLARS WORTH OF VERNAL POOL MITIGATION CREDITS. DUARTE SAYS IT WAS A DIFFICULT DECISION BUT THE RISKS TO BUSINESS AND  FAMILY WERE TOO GREAT. DUARTE DID NOT ADMIT LIABILITY UNDER THE AGREEMENT.  A NEW REPORT SHOWS THE DICAMBA DAMAGE IS STILL GROWING.  KEVIN BRADLEY, A PLANT SCIENCE PROFESSOR AT THE UNIVERSITY OF  MISSOURI,COMPLAINTS OF OFF-SITE DICAMBA MOVEMENT NOW COVER 21  STATES, STRETCHING FROM NORTH DAKOTA TO GEORGIA. SUSPECTED DICAMBA DAMAGE NOW TOTALS 3.1 MILLION ACRES. THAT'S ROUGHLY HALF A MILLION MORE ACRES THAN LAST WEEK.

CROP COMMENTS
THE DROUGHT IN THE NORTHERN PLAINS IS PUSHING HARVEST EARLY ON SOME  CROPS. MIKE HOFFMAN HAS DETAILS IN CROP COMMENTS. MIKE. GOOD MORNING CLINTON. WE'RE STARTING CROP COMMENTS FROM SOUTHWEST VIRGINA. A CROP REPORTER IN GRAYSON COUNTY  SAYS SLOW, STEADY RAINS LAST WEEK IMPROVED CROP CONDITIONS FOR MUCH OF THE COUNTY. SOME  AREAS RECEIVED LESS THAN OTHERS, AND COULD STILL USE MOISTURE. CORN SILAGE YIELD WILL BE OFF THIS YEAR WITH THE EXCESSIVE MOISTURE EARLY IN THE SEASON, AND THEN IT TURNED HOT AND DRY.  THE IMPACT OF DROUGHT IN MONTANA IS SHOWING-UP IN THE HARVEST  REPORTS. "NASS" SAYS 65-PERCENT OF DRY EDIBLE BEANS HAVE BEEN HARVESTED. IT'S  USUALLY 22-PERCENT. 86-PERCENT OF DRY EDIBLE PEAS HAVE BEEN HARVESTED. THAT'S ABOUT 20  POINTS AHEAD. 91-PERCENT OF LENTILS ARE OUT OF THE FIELD. THAT'S 40 POINTS AHEAD IN  THAT DROUGHT-PLAGUED STATE, THE NEW DROUGHT MONITOR REPORT COMES OUT THIS MORNING WHICH WILL  SHOW IF THERE'S BEEN ANY IMPROVEMENT IN THE NORTHERN PLAINS.  AND NOW  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.

TEASE
UP NEXT A CHECK OF WHEAT MARKETS AND BASIS CHALLENGES AS HARVEST  ROLLS NORTH. AND A SCANDAL OVER EUROPEAN EGGS IS CAUSING QUITE THE STIR, INCLUDING  THESE FOLKS IN BELGIUM. WE'LL EXPLAIN WHEN WE HEAD IN THE COUNTRY.

FLOOR OF THE CME
IN AGRIBUSINESS WE SAW LOTS OF RED ON THE BOARD WEDNESDAY. LETS  DETAILS FROM THE FLOOR OF THE CME IN CHICAGO. WEDNESDAYS GRAINS IS A LITTLE BIT. IT'S UGLY OUT THERE FOLKS. YOU KNOW I HAVE BEEN VERY BULLISH  AND OBVIOUSLY WRONG BUT I THINK WE'RE NOW REALLY AT THE FINAL CURTAIN HERE THE FINAL DECISION. I  THINK WHEN YOU LOOK AT CORN YOU KNOW IF IT DOESN'T HOLD AT THESE LEVELS 360 OR WHATEVER. I THINK YOU'VE GOT SOME MAJOR PROBLEMS. WE IF WE DON'T HOLD 450 I THINK YOU'VE GOT SOME MAJOR PROBLEMS IN SOYBEANS. I THINK YOU'RE ALREADY IN SOME MAJOR TROUBLE AS YOU LOOK AT  THEM IN THE 940 LEVEL WAS A KEY LEVEL THE HOLE WHICH IT DID NOT. NOW TODAY IT WAS A LITTLE BIT  STRONGER THAN THE REST. BUT AGAIN 9:40 WAS SUCH AN IMPORTANT LEVEL THAT I THINK YOU'RE GOING  TO SEE $9 WEDNESDAYS LIVESTOCK. A LOT OF PRESSURE THERE AS WELL IT'S BEEN THE WHOLE AG SPACE  HAS BEEN FAIRLY ROUGH TODAY AND WE SEE MAJOR MOVES IN FEEDERS AND FATS ARE ACTUALLY  HOLDING UP THE MESS WHICH OF COURSE WE ARE MUCH MORE BULLISH THE FAT TO THIS PARTICULAR  MOMENT. WE WOULD LIKE TO GET ONE TO ALL FULL DISCLOSURE AND WE WE REALLY LIKE THEM AT 106 AND  OF COURSE I THINK THE RALLY IS ON NOW. I THINK GULICK TO BE A BUYER OF SUPPORT LEVELS OR IF WE  NEEDED ONE MORE PRINT WE WANT TO SEE EITHER 138 TO 140 IN AUGUST OR SEPTEMBER. I THINK THAT  WILL COME INTO PLAY OR FINALLY AND NOW THAN WE WOULD BE TURNED BULLISH ON THE FEEDER MARKET.  I THINK OVERALL IT'S GOING TO BE A GREAT FOURTH QUARTER WHEN WE GET DOWN TO IT. THERE'S A LOT OF  FACTORS THAT CAN HELP THESE MARKETS. THAT'S THE WAY I SEE IT. THIS IS TODD HOROWITZ FROM  BUDGETARY COM COMING TO THE FLOOR OF THE CME GROUP HERE IN CHICAGO.

AGRIBUSINESS
WHEAT HARVEST ARE PUSHING TOWARD THE FINISH LINE AS COMBINES ROLL  NORTH. SO WHAT ABOUT PRICES FOR THE GRAIN ALREADY IN THE BIN. TYNE MORGAN HAS MORE IN TODAY'S ANALYSIS. HERE NOW WITH ANGIE SETZER ANGIE I KNOW WE HAVE A LOT OF VIEWERS IN THE SOUTHERN PLAINS  JUST SO FRUSTRATED RIGHT NOW WITH BASIS AND HOW WIDE BASIS CAN BE AND BASIS I HERD IN SOME  AREAS LIKE A DOLLAR 20 UNDER AT THIS POINT WHAT CAN YOU DO. THERE'S NOT MUCH YOU CAN DO. WE  HAVE SEEN THE CME GROUP INTRODUCE THE VSR ARE THE VARIABLE STORAGE RATE INTO WHEAT INTO  THE KANSAS CITY WHEAT MARKET THAT'LL SHOW UP THE FIRST PART OF MARCH THAT WILL CHANGE BASIS  FUNCTION AS WE MOVE FORWARD. IT'S ONE JOB IS TO TRY TO BRING BASIS AND FUTURES BACK TOGETHER  AND YOU WILL SEE THAT HAPPEN. I WOULDN'T BE THE LEAST BIT SURPRISED TO SEE SOME WHEAT BASIS  IMPROVE FROM THAT DOLLAR 20 UNDER TO TO HALF OF THAT COME NEXT YEAR BECAUSE WHAT HAPPENS IS  ELEVATOR'S WANT TO HOLD THAT GRAIN. NOW IT PAYS THE MARKET WILL EXPAND THE CARRY DEVELOPS IN  SUCH A WAY THAT THAT ELEVATOR'S WILL START TO COMPETE FOR THAT GRAIN AND IT SHOULD HELP THE  FARMERS SEE THAT CONVERGENCE START TO DEVELOP. FOR US IT TOOK A COUPLE OF YEARS IN THE  CHICAGO WHEAT MARKET TO SEE THE CONVERGENCE ACTUALLY STEP IN. WE WENT FROM A DOLLAR 20  UNDER IN RED WHEAT IN AROUND 2007 TO ACTUAL SLIDE OVERS HERE TWO THREE YEARS AGO. BECAUSE  OF THAT CONVERGENCE AND ACTUALLY WE HAD IT GO FROM ONE EXTREME TO THE OTHER AND NOW WE'RE  BACK INTO THAT NORMAL 20 25 UNDER RANGE. SO YOU'RE IN FAVOR YOU THINK WITH VSR IT'S GOING TO  BE A GOOD THING FOR SOUTHERN PLAINS PRODUCER I THINK IT WILL YES SAY IT MAKES IT DIFFICULT FOR AN  ELEVATOR MANAGER TO DETERMINE WHEN HE WANTS TO LOCK IN CARRY BECAUSE THAT CARRY CAN BE SO  FLUID. I UNDERSTAND IN THE ELEVATOR MANAGER'S SITUATION YOU KNOW I'VE HELD OUT FOR A WIDER  CARRIER AND ENDED UP NOT SEEING IT. SO I CAN SEE WHERE THAT FRUSTRATION WOULD COME IN BUT  FROM A PRODUCER STANDPOINT YOU WILL SEE SOME BASIS FIRMING AND IT WILL BE A GOOD THING I THINK  LONG TERM. SO HOPE LONG TERM BUT IT DOESN'T CHANGE THE SITUATION TODAY. THERE'S STILL PLENTY OF  WHEAT OUT THERE ESPECIALLY IF YOU'RE DEALING WITH A LOW PROTEIN SITUATION. WE CAN ONLY FEED SO  MUCH AT ANY GIVEN MOMENT. SO YOU ARE GOING TO SEE YOU KNOW FULL SUPPLIES AND ELEVATORS  STILL REMAIN WITH WITH THAT WHEAT ON HAND THE VSR IS MADE TO PAY THOSE ELEVATORS TO STORE  THAT A LITTLE BIT BETTER. ALL RIGHT MAKES SENSE. ANGIE THANKS SO MUCH. WE APPRECIATE IT. STAY  WITH US. WE HAVE MUCH MORE AGDAY WHEN WE COME BACK. 

WEATHER
WELCOME BACK TO AGDAY METEOROLOGIST MIKE HOFFMAN CHECKING OUT THE ROOT ZONE MOISTURE  MAP AND MIKE WE LOOK AT THIS. IT'S REALLY THE CENTRAL AND NORTHERN PLAINS WHERE WE SEE THEY  ARE GETTING SOME RAINS. RIGHT. AND THAT'S THE GOOD NEWS THEY'RE STILL IN A LONG TERM DROUGHT IN  THE DAKOTAS EASTERN MONTANA MIDDLE EAST THEY HAVE BEEN GETTING SOME MOISTURE LATELY. NO  DOUBT ABOUT IT. AND THERE HAS BEEN A LOT OF MOISTURE OBVIOUSLY ACROSS MOST OF THE GREAT  LAKES WHICH ARE VERY BLUE. GULF COAST AREA EVEN DOWN INTO SOUTHERN TEXAS. BUT THERE ARE  THOSE DRY POCKETS STILL IN THE ROOT ZONE AND THAT IS CENTRAL MISSISSIPPI VALLEY DOWN IN  ARKANSAS AND ALSO UP AND DOWN THE EASTERN SEABOARD FOR ABOUT NEW YORK CITY SOUTHWARD.  SO THOSE AREAS COULD STILL DEFINITELY USE A LITTLE BIT OF MOISTURE. TAKE A LOOK AT THE WEATHER  MAP THIS MORNING YOU SEE THE BIG STORM SYSTEM OVER THE NORTHERN PLAINS THAT'S PRODUCING  MOST OF THE MOISTURE THIS MORNING IN THE FORM OF SHOWERS AND THUNDERSTORMS AND AS WE  HEAD THROUGH THE AFTERNOON WE'LL SEE SOME BUBBLE UP IN THE WARM SECTOR BY OUR COMPUTER  MODELS. BEEN PRETTY CONSISTENT NOT SHOWING A LOT OF MOISTURE WITH THIS THING. IT'S PERHAPS THE  HIGH PRESSURE SITTING OVER THE GULF KIND OF KEEPING THINGS AT BAY AS FAR AS RAIN OF ALL MOISTURE.  I KNOW IT'S VERY HUMID IN HERE IN QUESTION SO THERE WILL BE SOME POP UPS BUT MORE OF IT IS  GOING TO BE ALONG THE WARM FRONT AND AROUND THE AREA OF LOW PRESSURE HEADING THROUGH  TONIGHT. SEE THAT MOVES INTO THE UPPER AND EASTERN PORTIONS OF THE GREAT LAKES WITH MOST OF  THE REST OF THE COUNTRY ON THE DRY SIDE. FIRST THING TOMORROW MORNING BY AFTERNOON NOW WE'LL  SEE THINGS DEVELOPING AGAIN OUT AHEAD OF THIS COLD FRONT ALONG THE EASTERN SEABOARD. AND  SO I THINK THIS IS GOING TO BE KIND OF SCATTERED AND NOT WIDESPREAD WHERE YOU COULD USE THE  MOISTURE. ALSO EASTERN GREAT LAKES INTO NEW ENGLAND AND THE NEXT FRONT CAUSING A FEW  SCATTERED SHOWERS AND STORMS ACROSS THE NORTHERN PLAINS STATES ONCE AGAIN. TAKE A LOOK AT  PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS. WE'VE HAD SOME DECENT AMOUNTS. PARTS OF  THE NORTHERN PLAINS NORTHERN MISSISSIPPI VALLEY DOWN INTO THE CENTRAL EAST CENTRAL PLAINS  WE'LL CALL THEM ADDING IN THE NEXT 36 HOURS. YOU CAN SEE HOW ALL OF THAT MOVES EASTWARD. BUT  IT IS NOT EXPECTED TO BE AS HEAVY AS WE'VE ALREADY SEEN BACK IN THE PLAINS STATES. YOU CAN  SEE THOUGH ALL HAIL POI FROM NEAR THE CONTINENTAL DIVIDE WESTWARD JUST NOTHING GOING ON RIGHT  NOW. THERE ARE THE HIGH TEMPERATURES THIS AFTERNOON LOTS OF 80S AND 90S THROUGHOUT THE  SOUTHERN PORTIONS OF THE COUNTRY BUT HIGHS IN THE 60S AT TIMES WHERE IT'S BEEN IT'S GOING TO  RAIN OFF AND ON FOR MUCH OF THE NORTHERN GREAT LAKES. THAT'S PRETTY COOL FOR THIS TIME OF THE  YEAR LOW TEMPERATURES TONIGHT GOING TO DROP OFF INTO THE 60S ACROSS MOST OF THE NORTHERN AND  CENTRAL PLAINS 70S THOUGH SOUTH AND EAST OF THAT NEXT COLD FRONT. HIGH TEMPERATURES  TOMORROW AFTERNOON. THE HEAT IS GOING TO BE KIND OF CONFINED TO THE FAR SOUTH WITH LESS HUMID  AIR COMES IN LOTS OF 70S AND 80S ACROSS THE CORN BELT AS YOU CAN SEE. HERE'S THE JET STREAM  AND YOU CAN SEE HOW WE'VE BEEN GOING THROUGH THIS TRANSITION WHERE THESE TROUGHS KIND OF  MOVE FROM WEST TO EAST BUT WATCH WHAT HAPPENS OUR COMPUTER MODEL NOW FOR THE SECOND  DAY IN A ROW JOINED US GOING BACK TO THE SAME PATTERN WE HAD FOR MUCH OF JULY AND EARLY  AUGUST TROUGH IN THE EAST RIDGE IN THE WEST. THAT'S BY THE MIDDLE OF NEXT WEEK. THAT'S A LOOK  ACROSS THE COUNTRY. TAKE A LOOK AT SOME LOCAL FORECASTS HEADING TO SPOKANE WASHINGTON THIS  MORNING GOOD DEAL OF SUNSHINE AND NICE HIGH TEMPERATURE OF 86 DEGREES. BEAUMONT TEXAS  AND AFTERNOON THUNDERSTORM IN SOME AREAS. HIGH TEMPERATURE AROUND 84 DEGREES.

TEASE
WHEN WE COME BACK WE'LL LOOK AT THE CATTLE INDUSTRY FOR THIS WEEK'S  DROVER'S TV REPORT. PLUS DESPITE FEARS OF CONTAMINATED EGGS IN EUROPE, THESE FOLKS HAVE  NO FEARS ABOUT THE WHITES AND YOLKS.

DROVERS TV
FROM THE EDITORS AT DROVERS, THE ANIMAL RIGHTS MOVEMENT REFINING ITS  GOALS LAST WEEK AT THE NATIONAL ANIMAL RIGHTS CONFERENCE. THE ANIMAL AG ALLIANCE SAYS ITS CLEAR THE GOAL IS TO END ALL FORMS OF  ANIMAL AGRICULTURE. ACTIVISTS IN ATTENDANCE WERE ENCOURAGED TO BE AS EXTREME AS POSSIBLE TO ADVANCE THEIR GOALS, INCLUDING BREAKING THE LAW WHEN NECESSARY. ATTENDEES WERE ALSO TOLD TO PRESSURE  RESTAURANTS, RETAIL AND FOODSERVICE BRANDS TO ADOPT CERTAIN POLICIES WITH THE END GOAL OF  FORCING THEM TO STOP SELLING ANIMAL PRODUCTS.GREG ALSO SAYS THE GROUP DISCUSSED STOPPING THE USE OF THE TERM  FACTORY FARMING. SAYING IT'S DONE ITS JOB. FOLLOWING MONTHS OF TURMOIL, BRAZILAN BASED MEAT PACKER J-B-S SAYS  IT'S PLANS TO LIST IT'S U.S. UNIT ON THE STOCK EXCHANGE ONCE MARKETS  ALLOW. THE WORLD'S LARGEST MEAT PACKER HAS BEEN WRESTLING WITH A BRIBERY  SCANDAL AND INTERNAL LEADERSHIP TURMOIL. JBS FOODS INCLUDES THE BRANDS SWIFT AND PILGRIMS PRIDE. IN A VIDEO FROM THE NATIONAL CATTLEMEN'S ORGANIZATION, EPA CHIEF SCOTT  PRUIT IS URGING FARMERS AND RANCHERS TO COMMENT ON REPEALING THE  WATERS OF THE U.S. RULE. THE DEADLINE TO DO SO MONDAY AUGUST 28TH. "WE'RE TRYING TO FIX THE CHALLENGES FROM THE 2015 RULE, WHERE THE OBAMA ADMINISTRATION RE- IMAGINED THEIR AUTHORITY UNDER THE CLEAN WATER ACT AND DEFINED A WATER OF THE UNITED STATES  AS BEING A PUDDLE, A DRY CREEK BED, AND EPHEMERAL DRAINAGE DITCHES ACROSS THIS COUNTRY,  WHICH CREATED GREAT UNCERTAINTY... AND WE ARE FIXING THAT, AND THEN WE'RE HEARING FROM  STAKEHOLDERS ABOUT HOW TO GET IT RIGHT AS WE GO FORWARD,"

TEASE
THOUSANDS OF EGGS HAVE BEEN PULLED FROM THE SHELVES IN EUROPE OVER  FEARS OF CONTAMINATION. BUT IT'S NOT CAUSING A "STIR" FOR THESE FOLKS.  WE'LL EXPLAIN WHEN AGDAY CONTINUES.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S M7 SERIES.  LEARN MORE ABOUT THE LARGEST  TRACTOR IN KUBOTA HISTORY AT KUBOTA.COM. DEFYING AN EGG CRISIS THAT HAS SHAKEN EUROPEAN CONSUMERS IN RECENT  WEEKS, HUNDREDS OF PEOPLE GATHERED FOR THE ANNUAL "GIANT OMELETTE"  EVENT. THE EVENT COMES AS EUROPEAN UNION MEMBERSHAVE REPORTED RECEIVING  CONTAMINATED EGGS IN A GROWING FOOD SCANDAL. BUT COOKS AND VOLUNTEERS AT THIS BIG BREAKFAST SEEMED UNFAZED. THEY  BROKE NEARLY 10-THOUSAND EGGS THAT THEY THREW ON AN OVERSIZE PAN  TOGETHER WITH OIL, BACON AND GREEN ONIONS BEFORE DISTRIBUTING THE  OMELETTE TO THE PUBLIC. SEVERAL EGG PRODUCERS IN THE NETHERLANDS AND BELGIUM ARE UNDER  INVESTIGATION AFTER EGGS THERE WERE FOUND TO HAVE BEEN TREATED WITH  A PRODUCT CONTAINING PESTICIDE FIP-RO-NIL. FARMS HAVE ALSO BEEN  BLOCKED IN FRANCE AND GERMANY.

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

 

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