AgDay Daily Recap -Jan. 11, 2016

January 11, 2016 02:57 AM
 

TODAY ON AGDAY
JAN. 11, 2016

OPENING HEADLINES:
COMING UP TODAY ON AGDAY.
FARMERS DEALING WITH FLOODWATERS...
"I’M BETSY JIBBEN. FARMERS IN MISSOURI AND ILLINOIS ARE DEALING WITH SOME HISTORIC FLOODWATERS. WE’LL HAVE MORE ON THE CLEANUP PROCESS AND THE AFTERMATH OF THE FLOOD AHEAD ON AGDAY"
IN AGRIBUSINESS...A PREVIEW OF USDA'S PENDING JANUARY REPORTS.
MACHINERY PETE LOOKS AT WEBSITE TRAFFIC TRENDS.
AND THE LATEST ON WASHINGTON’S REVAMPED DIETARY GUIDELINES.
LOUISIANA RESIDENTS BRACE FOR POTENTIAL FLOODWATER, WHILE OTHERS ASSESS DAMAGES ALREADY DONE:
GOOD MORNING I'M CLINTON GRIFFITHS. RESIDENTS IN LOUISIANA ARE BRACING FOR FLOODING AS THE SWOLLEN MISSISSIPPI RIVER CONTINUES ITS TREK SOUTHWARD. AND IN ITS WAKE, RESIDENTS IN THE FLOOD ZONE FROM ILLINOIS TO MISSISSIPPI ARE TRYING TO GET-ON WITH THEIR LIVES.
THE MISSISSIPPI RIVER ROSE TO DANGEROUS WATER LEVELS THAT HAVE NOT BEEN REACHED IN YEARS.
THAT PROMPTED MISSOURI AND ILLINOIS TO DECLARE 'A STATE OF EMERGENCY.' FARMERS DID THE SAME, HOPING TO SAVE THEIR RECENTLY HARVESTED GRAIN SITTING IN THE PATH OF THE FLOOD.
NATIONAL REPORTER BETSY JIBBEN MADE A TREK TO THEIR FARMS.
CLINTON, WE TRAVELED ABOUT 100 MILES SOUTHEAST OF ST. LOUIS TO ASSESS THE FLOOD DAMAGE.
FARMERS IN THAT AREA TOLD US TO PREPARE FOR THE FLOOD, THEY MADE A MARKETING MOVE THEY'VE NEVER DONE BEFORE, ESPECIALLY FOR THIS TIME OF YEAR.
RAIL CARRIERS TO PICK UP GRAIN THAT CAN’T TRAVEL THE BARGES:
ALL OF THE LOCKS WITHIN THE ST.LOUIS DISTRICT ARE OPEN AS OF FRIDAY. BUT SOME NAVIAGATION ON THE ILLINOIS RIVER WAS STILL CLOSED. WITH FLOODED SECTIONS OF THE MISSISSIPPI RIVER CLOSED DOWN TO BARGE TRAFFIC, RAIL CARRIERS ARE BEING ASKED TO PICK-UP THE SLACK OF MOVING GRAIN SOUTH TO NEW ORLEANS. MIKE STEENHOEK OF THE SOY TRANSPORATION COALITION SAYS 80-PERCENT OF U-S SOYBEAN EXPORTS HAPPEN FROM SEPTEMBER TO FEBRUARY. SO THIS IS A CRITICAL TIME FOR THE RIVER TO OPEN.


RAILROAD REPORT CARD:
MEANTIME, THE SOY COALITION JUST RELEASING ITS ANNUAL RAILROAD REPORT CARD ON THE SEVEN MAJOR CARRIERS. IT'S BASED ON REVIEWS FROM AGRICULTURAL SHIPPERS. ONCE AGAIN, UNION PACIFIC TOPPED THE LIST FOR PERFORMANCE. THAT'S THE FOURTH STRAIGHT YEAR. BNSF RAILWAY WAS RATED AS MOST IMPROVED, INCREASING ITS OVERALL SCORE BY 26 PERCENT FROM THE PREVIOUS YEAR.
THE M-E-F SAYS THE BIGGEST REASON IS AUSTRALIA'S 10 PERCENT POINT TARIFF
ADVANTAGE PUT IN PLACE DURING A JOINT ECONOMIC PARTNERSHIP
AGREEMENT BETWEEN JAPAN AND THE AUSSIE'S.
CROP WATCH:
AS BAD AS THE TEXAS SNOWSTORM WAS CHRISTMAS WEEK, IT IS PROVIDING SOME GROUND MOISTURE. MIKE HOFFMAN HAS MORE IN CROPWATCH.
GOOD MORNING CLINTON.
LET'S START OFF CROPWATCH IN NORTH-CENTRAL TEXAS. LINDSAY KIMBRELL SENT US THIS PHOTO.
SHE SAYS THE AREA IS STILL FARILY WET IN NORTH CENTRAL TEXAS. NO FIELD WORK HAS BEEN DONE IN QUITE SOME TIME. LET'S MOVE OVER TO A WINTERY WEST TEXAS SUNSET. HOPE FLOECK SAYS THE SNOW IS BUILDING A GOOD MOISTURE BASE IN HER AREA THAT WILL HELP LATER FOR SEED GERMINATION. SHE SAYS THIS PICTURE SHOWS HOW MUCH SNOW WAS STILL LEFT AFTER SEVERAL DAYS OF 35 TO 40 DEGREES TEMPERATURES.
CAMPBELL SOUP TO START GMO LABELING:
THE CAMPBELL SOUP COMPANY IS SUBMERGING ITSELF INTO THE G-M-O LABELING DEBATE. THE FOOD MAKER IS NOW PUSHING FOR NATIONAL MANDATORY LABELING OF FOOD PRODUCTS WHEN THEY CONTAIN GENTICALLY MODIFIED INGREDIENTS. CAMPBELL SAYS IT CONTINUES TO RECOGNIZE THAT GMO'S ARE SAFE.
IT FEELS NATIONAL STANDARDS ARE NEEDED, TO PRE-EMPT AND SUPERCEDE ANY STATE STANDARDS. VERMONT WILL BE THE FIRST STATE TO REQUIRE GMO LABELS. THAT LAW GOES INTO EFFECT IN JULY.
EVEN IF THE FEDERAL GOVERNMENT DOESN'T ACT, THE COMPANY SAYS IT WILL START LABELING ITS PRODUCTS FOR THE PRESENCE OF BIOTECH INGREDIENTS. IT PUT-UP THIS EXAMPLE ON THEIR WEBSITE. IT SAYS "PARTIALLY PRODUCED WITH GENETIC ENGINEERING,"


FARM BUREAU TO SEND OFF STALLMAN, NEW PRESIDENT TO BE CHOSEN THIS WEEK:
ISSUES -LIKE GMO LABELING -ARE ON THE DOCKET THIS WEEK AS THE AMERICAN FARM BUREAU FEDERATION CONVENES IN ORLANDO. FARM BUREAU MEMBERS FROM ACROSS THE COUNTRY WILL VOTE ON POLICY ISSUES FOR THE ORGANIZATION. THIS GATHERING WILL ALSO SERVE AS FARM BUREAU PRESIDENT BOB STALLMAN'S FINAL SEND-OFF. STALLMAN ANNOUNCED HIS DEPARTURE LAST FALL.
HE'S SERVED IN THAT JOB FOR 16 YEARS. THIS WEEK ATTENDEES WILL VOTE ON THE NEXT PRESIDENT. THERE ARE FOUR CANDIDATES FOR THE POST. WE'LL TAKE A LOOK AT THOSE FOUR AG LEADERS TOMORROW ON AGDAY.
TEASE:
WHEN WE COME BACK...WE'LL GET A PREVIEW OF TUESDAY'S REPORT DUMP FROM USDA AND WHY IT COULD IMPACT MARKETS IN THE MONTHS AHEAD.
STICK AROUND, FOLKS. COMING UP I GOT SOME REALLY INTERESTING DATA ON USED BALERS FOR YOU. PLUS, IF YOU LIKE ONE OF THOSE SUGARY COFFEE DRINKS TO START YOUR DAY, YOU MAY NEED TO RECONSIDER THE NEXT TIME YOU GO TO STARBUCKS. FIND OUT WHY, LATER ON AGDAY.
CME:
IN AGRIBUSINESS IT WAS A WILD FIRST WEEK OF TRADE.
LETS SEE WHERE MARKETS ENDED UP FROM THE FLOOR OF THE CME IN CHICAGO.
THE AGRICULTURAL MARKETS GOT A LITTLE BIT OF A BOUNCE. IT WAS QUITE SUPPORTIVE. WE SAW THE NON-FARM PAYROLL COME OUT WITH 92,000 JOBS WHICH WAS MUCH BETTER THAN EXPECTED. THAT MARKET LIFTED UP, THE STOCK MARKET LIFTED UP. THE DOLLAR CAME UP BUT IT IS STARTING TO BACK UP AS THE DAY WENT ON. THE ONLY DAY SHOWING WEAKNESS IS THE BEAN OIL.
AGRIBUSINESS:
JOINING ME HERE AT THE AGRIBUSINESS DESK DUSTIN JOHNSON, WITH AG YIELD.
DUSTIN, LET'S TALK ABOUT THIS REPORT COMING OUT TUESDAY FROM THE USDA. SOME KEY NUMBERS ESPECIALLY THE STOCKS NUMBERS, RIGHT?> YEAH DEFINITELY. STOCKS I GUESSED HIGHER THAN THEY WERE LAST YEAR FOR CORN AND BEANS. YOU KNOW, RIGHTFULLY SO WE CAME IN WITH BETTER CARRY OUTS AND WE HAD VERY GOOD CROPS AGAIN. SO YOU KNOW THERE'S U.S. STOCKS, WORLD STOCKS, THOSE ARE THE TWO NUMBERS THAT ARE GOING TO BE KEY. I WOULD SAY JUST FOCUS IN ON LET'S SAY BRAZILIAIN PRODUCTION FOR EXAMPLE, EVERYONE IS LOOKING AT REDUCTION, BECAUSE OF THE EL NINO CONDITIONS THAT THEY HAVE HAD DRYNESS IN THE NORTH, TO WET OF CONDITIONS IN THE SOUTH.


NATIONAL WEATHER:
WELCOME BACK TO AGDAY METEOROLOGIST MIKE HOFFMAN STOPPING IN TO START OUR MONDAY HERE. MIKE, IT LOOKS LIKE WE ARE GETTING THAT COLD SHOT OF AIR RIGHT NOW FROM UP NORTH MORE TO COME.> LOOKS LIKE TWO MORE SHOTS AS WE HEAD THROUGH LATER THIS WEEK AND THIS COMING WEEKEND FOR EVERYBODY EAST OF THE CONTINENTAL DIVIDE ANYWAY AND SOME OF YOU FOLKS OUT WEST WILL TURN COLD FOR A SHORT TIME AS WELL.
REGIONAL WEATHER:
THAT'S A LOOK ACROSS THE COUNTRY, NOW LET'S TAKE A LOOK ACROSS THE LOCAL FORECAST. FIRST OF ALL, WE WILL TAKE A LOOK AT BOISE, IDAHO, CLOUDY, DRIZZLE, MAYBE A BIT OF SNOW BY TONIGHT, HIGH TEMPERATURE OF 34 AND THEN FALLING; TAKING A LOOK AT FORT WORTH, TEXAS PARTLY SUNNY AND CHILLY, HIGH AROUND 50 AND GLENSFALLS, NEW YORK, MOSTLY CLOUDY, WINDY AND COLDER, HIGH AROUND 28.
TEASE:
UP NEXT PETE'S GOT HIS EYE ON YOUR EYES.
WEBSITE SEARCH TRENDS AND WHAT THEY REVEAL ABOUT MACHINERY INTERESTS...NEXT WITH MACHINERY PETE. AND WE'LL TAKE A CLOSER LOOK AT THOSE BRAND NEW DIETARY GUIDELINES FROM THE GOVERNMENT. FIND OUT WHAT THEY THINK YOU SHOULD CUT FROM YOUR DAILY INTAKE.
MACHINERY PETE:
MACHINERY PETE STOPPING BY THIS MONDAY WITH A FEW SNIP-ITS OF INFORMATION GLEANED FROM THE ALL NEW MACHINERY PETE WEBSITE. CAN SEARCH TRAFFIC REVEAL FRESH MACHINERY TRENDS. GREG. WELL, FOLKS I JUST WANTED TO SAY THANKS FOR YOUR SUPPORT FOR OUR NEW MACHINERY PETE.COM WEBSITE, WHERE WE HAVE OVER 90,000 PIECES OF USED EQUIPMENT LISTED FOR SALE. NOW WE ARE FINDING SOME REALLY INTERESTING INFORMATION FROM THE NEW WEBSITE, SO FOR EXAMPLE IN THE MONTH OF DECEMBER SEARCH TRAFFIC TO OUR BALER CATEGORY WAS UP 11 PERCENT. AND THE NUMBER ONE MOST SEARCHED USED BALER WAS THE JOHN DEERE 5680 ROUND BAILOR MODE.
TEASE:
UP NEXT, LEAN MEAT GETS A PASSING GRADE THIS YEAR....BUT NOT SO FOR SUGAR. DETAILS WHEN AGDAY CONTINUES.
NEW DIETARY GUIDELINES RELEASED:
BETTER CUT DOWN ON SUGAR AND LIMIT YOUR SALT. BUT YOU MIGHT NOT NEED TO WORRY AS MUCH ABOUT EGGS. THE OBAMA ADMINISTRATION'S LATEST DIETARY GUIDELINES SEEK TO HELP AMERICANS REDUCE THEIR LIKELIHOOD OF DISEASE AND OBESITY.
HERE'S JOHN MONE.
IF YOU PUT SUGAR IN YOUR COFFEE OR LIKE SWEETENED ESPRESSO CONCOCTIONS, YOU MAY WANT TO CUT DOWN JUST HOW MUCH YOU PUT IN. IT TASTES SO GOOD! I JUST DON'T HAVE IT ALL THE TIME. THE FEDERAL GOVERNMENT'S LATEST DIETARY GUIDELINES COME DOWN HARD ON SUGAR CONSUMPTION. ESPECIALLY THOSE 16-OUNCE FOUNTAIN DRINKS. SUGARY DRINKS COMPRISE NEARLY HALF OF THE ADDED SUGARS AMERICANS DRINK AND EAT EVERY DAY THE GOAL.. TO HELP AMERICANS REDUCE THEIR LIKELIHOOD OF DISEASE AND OBESITY THROUGH A HEALTHIER DIET. JOHN MONE, ASSOCIATED PRESS, HOUSTON.
CLOSING:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.
FOR MIKE HOFFMAN, AND BETSY JIBBEN. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY.
PROMO:
IM CLINTON GRIFFITHS. TUESDAY ON AGDAY...A PREVIEW OF CANDIDATES RUNNING FOR PRESIDENT OF FARM BUREAU. FIND OUT WHERE THEIR FROM AND HEAR THEIR MESSAGE AS THEY SEEK TO LEAD THE COUNTRY'S LARGEST FARM LOBBY. FOR NEWS YOU WON'T SEE ANYWHERE ELSE. JOIN ME FOR AGDAY.

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