AgDay Daily Recap -Feb. 11, 2016

February 11, 2016 02:57 AM
 

TODAY ON AGDAY
FEB. 11, 2016


OPENING HEADLINES:
COMING UP TODAY ON AGDAY -THE PRESIDENT'S PROPOSED BUDGET TARGETS CROP INSURANCE. PLUS A LOOK AT THE NUTRIENT DIET FOR THE CHESAPEAKE AND WHAT IT MEANS TO FARMERS THERE. IN AGRIBUSINESS....MANEUVERING THE ACREAGE MIX.
“YES THEY ARE RLI ON CORN STILL LOOKS AS GOOD OR BETTER THAN SOYBEANS, BUT ESPECIALLY ON HIGHER PRODUCTIVE FARM GROUND.”
 AND THIS INVENTIVE NORTH DAKOTA MAN IS USING WIRE SPOOL LEFTOVERS TO BUILD A FENCE ON HIS PROPERTY.
PRESIDENT’S BUDGET PROPOSAL AIMS TO CUT CROP INSURANCE:
 GOOD MORNING I'M CLINTON GRIFFITHS.
WHILE PRESIDENTIAL CANDIATES CANVAS THE COUNTRY SIDE, BACK IN WASHINGTON THE WORK CONTINUES. THE PRESIDENT ROLLING OUT HIS LATEST BUDGET PROPOSAL AND IT'S NOT WINNING SUPPORT FROM THE AG COMMUNITY. THE BUDGET PROPOSAL RELEASED BY THE WHITE HOUSE INCLUDES A TEN YEAR 18 BILLION DOLLAR CUT TO CROP INSURANCE.
HOUSE AG CHAIRMAN MIKE CONAWAY OF TEXAS SAYS IT WOULD BE A "SEVERE BLOW" TO FARMERS AND RANCHERS EXPECTING A 56 PERCENT DROP IN NET FARM INCOME IN 2016 COMPARED TO RECORDS OF 2013.
MEAT INSPECTION, AGRICULTURE RESEARCH PART OF BUDGET PLANS:
THE BUDGET REQUEST ALSO INCLUDES PROPOSED MEAT INSPECTION FEES, AN INCREASE IN AGRICULTURE RESEARCH FUNDING AND A 10 DOLLAR PER-BARREL OIL TAX, WHICH TRANSLATES TO 24 CENTS-PER-GALLON OF GASOLINE.
FOR THE EPA, THE PRESIDENT PROPOSES SPENDING MORE THAN $8 BILLION... ROUGHLY $200 MILLION MORE THAN THE CURRENT YEAR.
TEMPORARY HOLD ON NEW ENERGY PLAN:
SPEAKING OF THE PRESIDENT AND EPA--THE U.S. SUPREME COURT BLOCKING ENFORCEMENT OF THE ADMINISTRATION'S PLAN TO CUT GREENHOUSE GAS EMISSIONS FROM POWER PLANTS.
THE JUSTICES GRANTING STATES A TEMPORARY HOLD ON THE NEW CLEAN ENERGY PLAN WHILE LOWER COURTS DECIDE IF THE EPA HAS THE LEGAL AUTHORITY TO DO IT. THE EPA PLAN SEEKS TO SHIFT THE NATION'S ENERGY PRODUCTION AWAY FROM COAL-BURNING POWER TOWARD CLEANER SOURCES.
CHESAPEAKE BAY LEADS AS EXAMPLE OF EPA REGULATIONS IMPACT ON FARMERS:
ANOTHER OF EPA'S RECENT EDICTS ISN'T GARNERING BIG SUPPORT FROM PEOPLE WHO LIVE THERE. A NEW FARM BUREAU POLL SAYS THREE OUT OF FOUR RESIDENTS LIVING ALONG THE CHESAPEAKE BAY SAY STATE AND LOCAL GOVERNMENT AUTHORITY OVER WATER RESOURCES SHOULD TOP FEDERAL AUTHORITY.
DESPITE AFBF AND THE EPA'S HEATED LAWSUIT OVER THE ISSUE, FOR THOSE LIVING ALONG THE BAY, REGULATIONS ARE NOW A WAY OF LIFE.
NATIONAL REPORTER BETSY JIBBEN BREAKS DOWN THE CHESAPEAKE CLEAN WATER BLUEPRINT. TO NATIONAL CORN GROWER PRESIDENT, CHIP BOWLING, THE CHESAPEAKE ISN'T JUST A BAY BUT A BIG PART OF HIS LIFE.
CLEAN WATER ACT REGULATES TOTAL MAXIMUM DAILY LOAD:
IN 2010 UNDER THE CLEAN WATER ACT, THE ENVIRONMENTAL PROTECTION AGENCY PUBLISHED A TOTAL MAXIMUM DAILY LOAD-ALSO KNOWN AS TMDL. THAT DETERMINES THE AMOUNT OF POLLUTANTS -SUCH AS NITROGEN, PHOSPHORUS AND SEDIMENT -THAT MAY BE RELEASED ON A DAILY BASIS FROM THE 6 STATES MAKING UP THE CHESAPEAKE BAY WATERSHED. IT'S ALL AN EFFORT TO RESTORE THE BAY.
AG GROUPS SEE REGULATIONS AS GOVERNMENTAL OVERREACH:
EACH STATE CAN ESTABLISH ITS OWN SET OF TMDL MANDATES. IF IT DOESN'T, THE EPA CAN IMPLEMENT THEM AND FARMERS MUST COMPLY. AG. GROUPS LIKE THE AMERICAN FARM BUREAU FEDERATION FILED A LAWSUIT IN 2011 IN AN EFFORT TO BLOCK THE MANDATES-CALLING THEM 'GOVERNMENTAL OVERREACH.' THE FEDERAL GOVERNMENT HAS SINCE FILED A BRIEF URGING THE SURPREME COURT TO NOT REVIEW AFBF'S REQUEST.
FARMERS SEEK TO PROTECT BOTH WATER AND FARM LAND:
BOWLING SAYS WHILE HE'S FARMING, THE BAY IS ALWAYS TOP OF MIND. HE'S CAREFUL ABOUT CHEMICALS AND HAS IMPLEEMNTED BUFFER STRIPS AND COVER CROPS.
FOR EXAMPLE, SINCE THE MANDATES BEGAN, EVERY FARM HAS TO ADAPT TO THE STATE'S NUTRIENT MANAGEMENT PLAN-IF FARMERS DON'T HAVE AN UPDATED PLAN, THEY CANNOT BUY FERTILIZER.
ECONOMIC IMPACTS FELT BY FARMERS:
AMERICAN SOYBEAN ASSOCIATION PRESIDENT, RICHARD WILKINS LIVES ALONG THE DELMARVA PENINSULA. HE ALSO HAS TO FOLLOW HIS STATE'S NUTRIENT MANAGEMENT PLAN.
"I'M NO LONGER PERMITTED TO MAKE MY OWN DECISIONS ON WHAT TYPES OF NUTRIENTS OR WHAT AMOUNTS OF NUTRIENTS TO APPLY TO MY FIELDS. I NOW HAVE TO HIRE A CERTIFIED PROFESSIONAL TO DO THAT WORK FOR ME. THAT'S CAUSING A COST TO ME OF ABOUT 8-THOUSAND DOLLARS A YEAR,"
WATER QUALITY HAS IMPROVED WITH MANDATES:
IN THE MEANTIME, FARMERS LIKE BOWLING ARE ABIDING BY THE RULES AND ENJOYING THE WATER…BOWLING SAYS WATER QUALITY HAS IMPROVED AND THAT'S ALL THANKS TO WHAT FARMERS HAVE DONE TO CLEAN UP THE BAY...
REPORTING FOR AGDAY, I'M BETSY JIBBEN.
TEASE:
THANKS BETSY. BOWLING SAYS THERE'S TALK ABOUT MAKING BUFFER STRIPS WIDER, MANDATING COVER CROPS ON ALL ACRES AND STOPPING THE USE OF CHICKEN LITER ON FIELDS CLOSE TO THE BAY.
BETSY WILL LOOK AT SOME OF THE LEGAL ISSUES --INCLUDING THE POTENTIAL IMPACT ON THE MIDWEST TOMORROW .
CROP COMMENTS:
CROP COMMENTS IS BROUGHT TO YOU BY RESICORE HERBICIDE FROM DOW AGROSCIENCES. NOW LET'S CHECK IN WITH MIKE HOFFMAN FOR THIS MORNING'S CROP COMMENTS. MIKE. GOOD MORNING, CLINTON.
CROP COMMENTS CAME IN FROM THE PACIFIC NORTHWEST. WE HEARD FROM VIEWERS IN YAM-HILL COUNTY, OREGON. THEY SAID THEY'RE ENJOYING SUNNY WEATHER WITH TEMPS NEAR 60 DEGREES. THEY'RE PLANTING PINOT NOIR WINE GRAPES IN THEIR VINEYARD. NOW TO THE MIDWEST -ONE OF OUR CREWS DROVE THROUGH PRETTY HEAVY SNOW IN NORTHERN INDIANA WEDNESDAY AS THEY HEADED TOWARDS THE NATIONAL FARM MACHINERY SHOW IN LOUISVILLE, KENTUCKY. THIS PHOTO WAS SNAPPED IN MARSHALL COUNTY, INDIANA WHICH GOT ABOUT SIX INCHES OF SNOW.
TEASE:
WHEN WE COME BACK A LOOK AT PLANTINGINTENTIONS AND THE ACREAGE MIX MINDSET FOR 2016.
PLUS, FARMERS ARE NOTORIOUS FOR FINDING NEW USES FOR OLD EQUIPMENT AND PARTS. SO IMAGINE IF YOU HAVE AN UN-ENDING SUPPLY OF BIG WOODEN SPOOLS. WE'LL SHOW YOU ONE CREATIVE SOLUTION, LATER ON 'IN THE COUNTRY'.
NATIONAL FARM MACHINERY SHOW:
BETSY DOING YEOMAN'S WORK FOR US TODAY...SHE'S AT THE NATIONAL FARM MACHINERY SHOW THIS WEEK IN LOUISVILLE KENTUCKY.
BETSY IT'S STACKING UP TO BE A TOUGH YEAR IN AG..HOW'S THE MOOD?
CLINTON. HERE TO DISCUSS THE MOOD WITH ME HERE AT THE NATIONAL FARM MACHINERY SHOW IS MACHINERY PETE. GREG, GREAT QUESTION. 2016 HAS A LOT OF PRESSURE. ATTITUDES I'M RUNNING INTO ARE MORE DEFENSIVE. NO DOUBT ABOUT IT, ACROSS THE BOARD. AT THE SAME TIME, I THINK PEOPLE REALIZING THERE'S ALSO A TREMENDOUS OPPORTUNITY THIS YEAR WHETHER THEY'RE ON THE MACHINERY END IN TERMS OF GETTING VALUE FROM A DEALER OR AUCTION, OR ON THE LAND END. THERE'S JUST A LOT SWIRLING RIGHT NOW AND A LOT OF DIVERGENT SCHOOLS OF THOUGHT OUT THERE.
AGRIBUSINESS:
WITH FEBRUARY RACING THROUGH DAYS, SPRING PLANTING IS QUICKLY ON THE WAY. BUT HOW WILL THE ROW CROP DECISIONS SHAKE OUT?
TYNE MORGAN ASKS THE QUESTION IN THIS MORNING'S ANALYSIS. WELCOME BACK TO AGDAY, WE ARE HERE WITH MATT BENNETT OF BENNETT CONSULTING. ALL RIGHT, MATT, EVERYONE WANTS TO KNOW HOW THIS ACREAGE PICTURE IS GOING TO SHAKE OUT NEXT YEAR. WHAT ARE YOUR THOUGHTS? > WELL, I KNOW THERE ARE SOME PEOPLE OUT THERE THINKING THAT WE ARE GOING TO INCREASE ACREAGE, SIMPLY BECAUSE WE HAD A LOT OF PERCENT PLAN ACRES, BUT EVERY YEAR WE HAVE SOME PREVENT PLAN ACRES THOUGH AND WITH US BEING REALLY WET IN THE MIDWEST RIGHT NOW I AM NOT SO SURE THAT WE WON'T HAVE AN ISSUE WITH PREVENT PLANT ACRES AGAIN AND I THINK WHEN I LOOK JUST AT THE PURE ECONOMICS OF THINGS, TO ME I DON'T THINK THAT WE ARE GOING TO INCREASE THE INTENTIONS OF TOTAL PLANET ACRES JUST BECAUSE FRINGE ACRES I THINK WILL BE DOWN, ESPECIALLY ON YOUR HIGHER INPUT CROPS. >
PITCH TO TOMORROW’S SHOW:
"IS NOW THE TIME TO BOOK YOUR FERTILIZER AND FUEL NEEDS? WE'LL TALK
ABOUT IT IN THE PROFARMER PROFIT BRIEFING FRIDAY ON AGDAY"
NATIONAL WEATHER:
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
REGIONAL WEATHER:
THAT'S A LOOK ACROSS THE COUNTRY NOW LETS TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL FOR AUSTIN NEVADA PARTLY SUNNY AND RATHER COLD TODAY. HIGH TEMPERATURES OF 49. CROOKSTON MN MIXTURE OF CLOUDS AND SUNSHINE FRIGID HIGH OF TEN AND FINALLY AIKEN SOUTH CAROLINA PLENTY OF SUNSHINE HIGH OF 49.
TEASE:
WHEN WE COME BACK, CME MAKES CHANGES TO LIVESTOCK CONTRACTS. AND MEET A HANDY FELLA WHO FINDS A NEW USE FOR UN-USED CABLE SPOOLS THAT DOT THE OIL FIELDS OF NORTH DAKOTA.
CHANGES TO LIVESTOCK MARKETS:
FOLLOWING UP ON CONVERSATIONS FROM THE CATTLE INDUSTRY CONVENTION IN SAN DIEGO, THE CME GROUP ANNOUNCING NEW CHANGES TO LIVESTOCK MARKETS. IT'S REDUCING LIVESTOCK TRADING HOURS TO MONDAY THROUGH FRIDAY--8:30 AM TO 1:05 PM. THAT INCLUDES LIVE AND FEEDER CATTLE AND LEAN HOGS FUTURES AND OPTIONS. CME SAYS THE CHANGE IS BASED ON CUSTOMER REQUESTS.
TEASE:
UP NEXT, FIND OUT HOW UN-WANTED SPOOLS FOR ELECTRIC CABLING ARE GETTING NEW USE.
IN THE COUNTRY:
HUNDREDS AND HUNDREDS OF MILES OF TRANSMISSION WIRE HAS BEEN STRUNG OR HUNG IN NORTH DAKOTA'S OIL PRODUCING COUNTIES SINCE THE BOOM BEGAN. EXPLORATION AND PRODUCTION IN THE BAKKEN FORMATION HAS PUT AN EXTRAORDINARY DEMAND ON POWER COMPANIES TO SUPPLY ENERGY TO NEW BUSINESSES AND DRILLING RIGS THAT ARE OPERATING IN THE REGION.
ONE MAN IS DOING HIS PART TO RECYCLE THE PACKAGING ALL THAT ELECTRICAL CABLE IS WOUND AROUND, AS CLIFF NAYLOR REPORTS.
SHAWN WAHL THINKS OUTSIDE THE BOX. HE'S BUILDING A FENCE OUT OF WOOD AND METAL. IT'S PRETTY STURDY, IT WON'T BLOW DOWN. WHEN HE LAID OUT HIS DESIGN SHAWN DIDN'T GO WITH CONVENTIONAL THINKING. THIS FENCE IS LIKE NOTHING ELSE IN THE NEIGHBORHOOD. WE'VE HAD A COUPLE OF PEOPLE STOP AND COMMENT ABOUT IT, THEY LIKE IT. SOMETHING DIFFERENT YA KNOW. WHEN YOU GET AROUND TO IT HIS ROUND WALL MAKES A LOT OF SENSE. HE'S PIECING TOGETHER THE ENDS OF SPOOLS THAT ONCE WERE WRAPPED WITH 25-HUNDRED FEET OF ELECTRICAL DISTRIBUTION CABLE.
CLOSING:
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.
PROMO:
FRIDAY ON AGDAY COMING UP FRIDAY COULD FERTILZER RUN-OFF RULES ALONG THE EAST COAST SPILL-OVER INTO THE MIDWEST?
AND IS NOW THE TIME TO BOOK YOUR FERTILIZER AND FUEL NEEDS FOR THE COMING PLANTING SEASON? ANSWERS FROM THE EXPERTS AT PROFARMER, FRIDAY ON AGDAY.

 

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