AgDay Daily Recap -January 19, 2017

January 19, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JANUARY 19, 2017


HEADLINES
COMING UP TODAY ON AGDAY - THE SENATE CONFIRMATION HEARINGS CONTINUE  INCLUDING THE NOMINEE TO RUN EPA. IN AGRIBUSINESS...A REALITY CHECK FOR FARM COUNTRY. DROVERS TV TAKES ON CATTLE MARKET MOVES THIS WEEK. AND "I'M CHARLES DENNEY. IT'S AN UNUSUAL CREATURE AND NOW THE UNIVERSITY OF TENNESSEE INSTITUTE OF AG IS HELPING IT MAKE A COMEBACK IN TENNESSEE WATERWAYS.  THE MYSTERIOUS STURGEON COMING UP NEXT ON AGDAY. "AGDAY-BROUGHT TO  YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.

SCOTT PRUITT HEARINGS
GOOD MORNING I'M CLINTON GRIFFITHS. AFTER MULTIPLE BATTLES WITH EPA DURING THE LAST ADMINISTRATION, FARM  COUNTRY REMAINS CAUTIOUSLY OPTIMISTIC PRESIDENT ELECT DONALD  TRUMP'S PICK TO LEAD THE AGENCY WILL BE FRIENDLY TO AGRIGRICULTURE. OKLAHOMA ATTORNEY GENERAL SCOTT PRUITT GOING BEFORE THE  ENVIRONMENT AND PUBLIC WORKS COMMITTEE WEDNESDAY. SENATORS FROM BOTH SIDES OF THE AISLE SPENT MULTIPLE HOURS GRILL  PRUITT ON HIS STANCE REGARDING THE ENVIRONMENT, THE ROLL OF EPA AND  HOW HE WOULD LEAD THE AGENCY GIVEN HIS PAST RECORD OF FIGHTING THE  AGENCY'S RULES AND MANDATES. AND I REALLY BELIEVE MR CHAIRMAN THAT IF IF CONFIRMED AS EPA ADMINISTRATORTHIS PUBLIC PARTICIPATION, COOPERATIVE FEDERALISM,  RULE OF LAW BEING THE FOCUS OF HOW WE DO BUSINESS AT THE EPA, IS CENTER TO RESTORING CONFIDENCE AND CERTAINTY IN THOSE WHO ARE REGULATED. CLEARLY THE MISSION OF EPA AS I SAID IN MY OPENING STATEMENT IS TO PROTECT OUR NATURAL RESOURCES, PROTECT OUR WATER QUALITY, IMPROVING OUR AIR, HELPING PROTECT THE HEALTH AND WELFARE OF OUR CITIZENS IS KEY TO THE LEADERSHIP OF EPA. AND WHERE ENFORCEMENT IS NECESSARY, VIGOROUS ENFORCEMENT.PART OF HIS BELIEF IS GIVING STATES POWER  TO MAKE ENVIRONMENTAL  DECISIONS AND SUPPORTING THOSE DECISIONS FROM THE FEDERAL LEVEL. HE USED THE CHESAPEAKE BAY REGION AS AN EXAMPLE. I ABSOLUTELY APPLAUD THE EFFORT BY THE STATES TO JOIN TOGETHER IN A SIX STATE COALITION TO ADDRESS THE QUALITY OF THE CHESAPEAKE BAY WATER QUALITY. THAT'S WHAT WE DID IN ARKANSAS, OKLAHOMA, ARKANSAS DID WITH THE SCENIC ILLINOIS RIVER. IT'S ALREADY BEEN TALKED ABOUT THE SENATOR BOOZEMAN AND OTHERS. SO I THINK THE EFFORT THEY ENGAGED IN OTHER STATES SHOULD MODEL AND EPA CAME ALONG SIDE AND TOOK THAT TMDL AND PROVIDING ASSISTANCE TO THOSE SIX STATES WITH RESPECT TO THAT AGREEMENT.PRUITT WAS ALSO PRESSED ON THE RENEWABLE FUELS STANDARD. HIS RESPONSE ....THE ROLL OF THE EPA ADMINISTRATION IS TO CARRY OUT RFS AS INTENDED BY CONGRESS.

WILBUR ROSS TRUMP’S PICK FOR COMMERCE SEC
THE MAN WHO WOULD BE THE TRUMP ADMINISTRATION'S POINT MAN ON TRADE  ALSO WENT BEFORE A SENATE PANEL WEDNESDAY. WILBUR ROSS IS PRESIDENT-ELECT DONALD TRUMP'S PICK FOR COMMERCE  SECRETARY. ROSS SAYS HE'S 'PRO TRADE, BUT SENSIBLE PRO-TRADE". ROSS IS WORTH AN ESTIMATED TWO-POINT-NINE BILLION DOLLARS. SIGNING AN  AGREEMENT WITH THE OFFICE OF GOVERNMENT ETHICS, ROSS AGREED TO  DIVEST FROM 40 DIFFERENT BUSINESSES AND INVESTMENTS WITHIN 90 DAYS OF  BEING CONFIRMED. TRUMP HAS SAID ROSS WILL PLAY A BIG ROLE IN AMERICAN TRADE POLICY. 

CHINA DEALS
TRUMP HAS PLEDGED TO RE-NEGOTIATE EXISTING TRADE DEALS AND SCRAP A  PENDING ONE WITH ASIAN COUNTRIES. CHINESE PRESIDENT XI JINPING PRESSED THE CASE FOR FREE TRADE WHILE  ATTENDING THE WORLD ECONOMIC FORUM IN SWITZERLAND.  XI DIDN'T DIRECTLY MENTION PRESIDENT-ELECT DONALD TRUMP BUT HE DID  EXPRESS CONCERN THAT THE NEW U-S ADMINISTRATION MAY ENACT MORE  PROTECTIONIST MEASURES IN TRADE. XI WARNS THAT "NO ONE WILL EMERGE AS A WINNER IN A TRADE WAR". HIS COMMENTS COME JUST AS THE AMERICAN CHAMBER OF COMMERCE IN  CHINA RELEASED A NEW SURVEY THAT SHOWS AMERICAN COMPANIES WITH  OPERATIONS IN CHINA FEEL "LESS WELCOME" THAN IN THE PAST. OF ITS NEARLY  900 MEMBERS, 60-PERCENT SAID THEY HAVE LITTLE CONFIDENCE IN THAT THE  CHINESE GOVERNMENT IS COMMITTED TO OPENING MARKETS FURTHER IN THE  NEXT THREE YEARS. THE AMERICAN CHAMBER POINTED TO CHINA'S RECENT MOVE TO HIKE DUTIES AND TARIFFS ON  DRIED DISTILLER GRAINS FROM THE U-S. CHINA CLAIMS THE U-S IS DUMPING DDGS IN THEIR MARKET, CAUSING A DROP IN  DOMESTIC PRICES. THE COUNTRY INCREASED ANTI-DUMPING DUTIES AND ANTI- SUBSIDY TARIFFS. "CHINA HAS ALREADY INITIATED CERTAIN MEASURES IN THIS REGARD. SO FOR EXAMPLE WITH RESPECT TO  ANTI DUMPING DUTIES, CONCERNING DDGS (DISTILLER'S DRIED GRAINS WITH SOLUBLES), THAT'S AN  AGRICULTURAL BY PRODUCT IMPORTED IN TO CHINA, THE NEW DUTIES ARE HIGHER THAN THE PRELIMINARY  DETERMINATION HAD WARRANTED. "THE DUTIES AND TARIFFS COULD BE IN EFFECT FOR FIVE YEARS. CHINESE BUYERS HAVE REPORTEDLY CANCELLED UP TO 7 CARGOES OF  ETHANOL FOLLOWING A HIKE ON IMPORT TARIFFS. THE TAX GOING FROM 5 PERCENT TO 30 PERCENT UNLESS CHINESE OFFICIALS  STEP IN.SHIPPERS SAY ITS LIKELY TO STALL EXPORT DEMAND FROM THE WORLD'S FASTEST GROWING MARKET. WE DON'T HAVE ALL OF THE DATA FOR 2016 YET BUT IN THE FIRST 11 MONTHS-- SHIPMENTS OF ETHANOL TO CHINA WERE UP MORE THAN 50 PERCENT  COMPARED TO 2015.

CROP COMMENTS
WE'RE HAVING A WARM-UP HERE IN THE EASTERN CORN BELT WITH TEMPS IN THE  50'S THIS WEEKEND. BUT SOME PARTS OF THE U-S ARE SEEING "POLAR"  OPPOSITE. METEEORGOLIST MIKE HOFFMAN WITH DETAILS, MIKE. GOOD MORNING, CLINTON.  THE NATION'S ICE-BOX, ALASKA, IS LIVING UP TO ITS REPUTATION.  TAKE A LOOK  AT THIS. THE PHOTO WAS SENT TO US FROM SOL-DOT-NUH, ALASKA WHERE IT  WAS 24-DEGREES BELOW ZERO.  THIS IS SOUTH OF ANCHORAGE.   BUT IN FAIRBANKS - WHICH IS FARTHER NORTH - OVERNIGHT LOWS HIT 45- DEGREES BELOW ZERO. AND THAT'S NOT WINDCHILL. THAT'S ACTUAL AIR  TEMPERATURES. UNBELIEVABLE. A VIEWER FROM YAMHILL COUNTY, OREGON SENT US THIS PICTURE OF A FEW  INCHES OF SNOW COVERED FIELDS IN THE WILLAMETTE VALLEY.  THIS PERSON SAYS PRUINING WILL TAKE PLACE ON THE VINES SOON.  AND NOW HERE ARE SOME HOMETOWN TEMPS.WITH MARKET PRICES CONSTANTLY CHANGING, IT'S IMPORTANT TO KNOW WHERE CURRENT PRICES  STAND. GET MARKET PRICES DELIVERED RIGHT TO YOUR MOBILE PHONE, JUST TEXT MARKETS TO 31313 TO  GET STARTED! 

TEASE
COMING UP IN AGRIBUSINESS..TOUGHER MARKETS DON'T NECESSARILY SPELL  DOOM FOR THE NATION'S FARMERS. OUR ANALYST JOINS US FOR SOME  STRAIGHT TALK TODAY AT THE AGRIBUSINESS DESK. AND LATER JUMP IN THE BOAT AS WE TAKE A FISHING TRIP DOWN A TENNESSEE  RIVER.WE'LL SEE HOW A RESTOCKING EFFORT IS RESTORING STURGEON TO THE  VOLUNTEER STATE. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN.  A UNIQUELY PWERFUL FORMULATION.  EXTRAORDINARY POWER OVER WEEDS. 

FLOOR OF THE CME
IN AGRIBUSINESS COMMODITIES SEEING LOTS OF GREEN ON TUESDAY.  LETS SEE HOW MARKETS TRADED WEDNESDAY FROM THE FLOOR OF THE  CME  IN CHICAGO. AS WE NOW LOOK INTO THE GRAIN MARKET, ESPECIALLY WHEAT, WE ARE NOW IN A BREAK-OUT PATTERN IN WHEAT. WHEAT CONTINUES TO HOLD UP STRONGER THAN REALLY THE BALANCE OF THE SPACE. WE'VE NOT COME INTO WHAT WAS THE MOST IGNORED COMMODITY IS NOW THE DARLING. IT HAS NOW BROKEN OUT ABOVE SOME KEY RESISTANCE. I THINK WHAT WE'RE GOING TO LOOK FOR NOW IS FOR IT TO RESUME ITS  RELATIONSHIP WITH CORN AND WHEAT WHICH IS USUALLY A DOLLAR OVER. AS OF TODAY, WE'RE TRADING ABOUT 70 OR 60 CENTS OVER. SO I THINK IT'S GOING TO BE A GOOD YEAR FOR WHEAT. THAT'S WHAT' I'M LOOKING FOR. THAT'S THE WAY I SEE IT. THIS IS TODD HOROWITZ, COMING TO YOU FROM THE CME GROUP IN CHICAGO.

AGRIBUSINESS
DOUG WERLING BOWER TRADING OUR GUEST HERE AT THE AGRIBUSINESS TODAY DOUG WE HAVE THOSE  BIG REPORTS LAST WEEK FROM USDA HAS ANYTHING CHANGED THAT CHANGE A RESET ANYTHING FOR US IS  WE GO INTO TWENTY SEVENTEEN WELL LOOKING OUT AHEAD TO THIS YEAR ESPECIALLY WITH THE GRAIN  MARKETS AND AGRICULTURE IN GENERAL EVERY YOU KNOW OTHER DAY YOU TURN ON THE RADIO OR YOU  READ THE NEWS AND YOU HEAR ABOUT HOW TOUGH THINGS ARE GONNA BE AND HOW AND WHAT WHAT  WAS REALLY HAPPENING IS YOU KNOW WE GOT USED TO THE GOLDEN YEARS WHERE YOU GO PLANT A  CROP MAKE SOME MONEY MAKE SOME GOOD MONEY THINGS ARE CHANGING THERE 'S THIS FARM  ECONOMY IS STILL OK AND THERE 'S PEOPLE THAT ARE DOING VERY WELL IT 'S JUST NOT BE AS EASY ONCE  WAS SO WHAT DO WE NEED GOING FORWARD WE NEED A PERCEPTION CHANGE IN AGRICULTURE WE SAW  HAPPEN IN OIL AND GAS LAST YEAR IF YOU LOOK AT WHERE WE WERE LAST YEAR WE HAD TWENTY DOLLAR  CRUDE OIL WE HAD NINETY NINE CENT FUTURES GAS NOW WE'RE AT FIFTY THREE DOLLARS A BARREL DOLLAR  SIXTY EIGHT PLUS ON THE FUTURE 'S. WHAT HAPPENED OPEC HAD A MEETING DID THEY REALLY CHANGE  MUCH AND THEY AGREED TO CHANGED SOME SUPPLY THAT CHANGED PEOPLES PERCEPTION OF WHAT  HAPPENING IN THE MARKET. I THINK THIS CROP REPORT THAT WE JUST SAW IS THE START OF THAT BECAUSE  AS THE FIRST CONSTRUCTIVE REPORT WE HAVE IN MONTHS SO YOU KNOW IT GIVES THAT U S FARMER A LITTLE  BIT OF A BETTER FEELING GOING FORWARD IT LETS THEM KNOW THAT DEMAND IS THERE AND THEY HAVE TO  KEEP PRODUCING AGGRESSIVELY WHEN THAT MEANS GOING TO OUTPACE OK WITH THIS ONE LITTLE HICCUP  AWAY FROM REALLY GOOD MARKETS AS WE GO IN THE PLANTING SEASON IS THERE ANYTHING THAT YOU  TAKE AWAY SAY HEY GO THIS DIRECTION GO THAT DIRECTION OR IS IT MORE JUST AS BROAD A FEEL GOOD  ABOUT PLANNING THIS YEAR BECAUSE IT 'S YOU'RE GONNA MAKE IT. WELL. I'M ALSO A REALIST TOO. I UNDERSTAND THAT THERE 'S GOING TO BE MORE BEANS GO IN THE GROUND ESPECIALLY HERE IN THE  MIDWEST ON HEARING COTTON MAKING A COMEBACK ACTUALLY OUTSIDE THE MIDWEST SURE SO THAT'LL  HELP WITH NOT SO MANY SOYBEANS BUT THE BEST THING I CAN TELL EVEN IF WE DO PLANT MORE BEANS  GLOBAL DEMAND IS SO GOOD IT 'S GONNA SUPPORT PRICES IS NOT GOING ALLOW THEM TO JUST FALL OUT OF  BED. YES THEY MAY HAVE A CORRECTION THEN THEY GO DOWN BUT THEY'RE NOT GOING TO BE GOING  DOWN WITH THESE EXCESSIVE LOW LEVELS LIKE WE SAW BACK IN THE NINETIES. THINGS WERE WAY  DIFFERENT TO ME AND BASES TWO THREE TIMES LARGER IN WHAT USED TO BE ALRIGHT A LITTLE REALITY  CHECK APPRECIATE IT DOUG THANKS WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE FOR A FREE TWO WEEK TRIAL TO JIM'S DAILY GLOBAL MARKET LETTER CALL  BOWER TRADING TOLL FREE AT 1-800-533-8045.

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY THE LIBERTYLINK SYSTEM, A SIMPLY BETTER SOLUTION FROM BAYER.  WELCOME BACK TO AGDAY WITH MIKE HOFFMAN. MIKE, WE KNOW THERE'S BEEN  FLOODING IN HOUSTON AND SOUTHERN TEXAS WITH THAT BIG RAIN STORM AND  RAIN OUT WEST. THESE SYSTEMS ARE BRINGING SOME NOT NECESSARILY  NEEDED MOISTURE AT THIS POINT IN PARTS OF THE COUNTRY. OF COURSE THE  WESTERN STATES IN SOUTHERN AND CENTRAL CALIFORNIA ARE IN A DROUGHT.  LONG-TERM, THAT'S GOING TO BE A HELPFUL SITUATION BUT SHORT-TERM,  YOU'RE STILL TALKING POTENTIAL FOR SOME PROBLEMS WITH MUD SLIDES OR  EVEN THAT VERY HEAVY SNOW CAUSING ISSUES AS WELL. THE EASTERN SYSTEM  IS MAINLY IN THE CENTRAL MISSISSIPPI VALLEY THIS MORNING. THAT'S MOVING  NORTHWARD SO YOU'RE GOING TO SEE A FAIR AMOUNT OF RAIN IN THIS PART OF  THE COUNTRY AS IT CONTINUES TO MOVE NORTHWARD FOR THE SYSTEM OUT  WEST, IT WILL CONTINUE TO MOVE EASTWARD. WE'RE LOOKING AT THE CENTRAL  ROCKIES WITH RAIN AND MOUNTAIN SNOW. THAT IS HEAVY AGAIN WITH THE NEXT  SYSTEM WORKING OFF THE WEST COAST AS WE MOVE THROUGH THE NIGHTTIME  HOURS TONIGHT, THIS SYSTEM WILL WEAKEN OVER THE LOWER GREAT LAKES  BUT IT'S STILL GOING TO PUT DOWN SOME DECENT MOISTURE, MAINLY IN THE  FORM OF RAIN, MAINLY SLEET AND FREEZING RAIN IN THE NORTHERN FRINGE OF  THAT. ALSO, SOME SHOWERS INTO THE SOUTHEAST. THE INITIAL SYSTEM OUT  WEST IS IN THE EASTERN ROCKIES AND THE WESTERN SYSTEM IS ALREADY  SPREADING MORE RAIN AND MOUNTAIN SNOWS INTO ALL OF CALIFORNIA EVEN  SOUTHERN CALIFORNIA. GOING TO GET SOME PRETTY HEAVY RAINS OUT OF THIS  ONE. CHECKING ESTIMATES OVER THE 24 HOURS, YOU CAN SEE SOME DECENT  AMOUNTS, MAINLY IN LOUSIANA AND OTHER AREAS WE POINTED OUT EASTERN  TEXAS SEEING A FAIR AMOUNT AS WELL. YOU CAN SEE THE HEAVY STUFF IN CENTRAL AND NORTHERN CALIFORNIA. ADDING IN THE NEXT 36 HOURS, THIS  SYSTEM WILL CONTINUE TO MOVE NORTHWARD SLOWLY AND WEAKENING AND  WE SEE THE AMOUNTS OF RAIN SLACKING OFF A LITTLE BIT. THE WESTERN  SYSTEM WILL MOVE EAST AS WELL AND IT WILL START TO PUT DOWN MORE  MOISTURE OVER CENTRAL AND NORTHERN CALIFORNIA. THAT'S THREE INCHES  PLUS AND SOME AREAS WITH SIX INCHES OF RAIN OR SNOW. TAKE A LOOK AT  SNOWFALL ESTIMATES THE LAST 24 HOURS IN NEW ENGLAND AND THE HIGHER  ELEVATIONS OUT WEST IN THE SIERRA NEVADAS, HEAVY AMOUNTS ALREADY.  ADDING ON THE NEXT 36, WE'LL SEE MORE HEAVY SNOW IN THE SIERRA NEVADAS  AND PRETTY HEAVY AMOUNTS OUT EAST AS YOU CAN SEE THERE. AS FAR AS  TEMPERATURES GO, I DON'T SEE A LOT OF CHANGES COMING. IT'S STILL GOING  TO REMAIN RATHER MILD IN THE SOUTHEAST AND MILD ACROSS THE PLAINS FOR  THE MOST PART. LOW TEMPERATURES TONIGHT WILL BE IN THE TEENS IN PARTS  OF THE FAR NORTHERN PLAINS AND THE SOUTHEAST AND WE CONTINUE TO SEE  SIMILIAR WEATHER PATTERNS DURING THE DAY TOMORROW. THERE'S THE JET  STREAM. THAT'S WHY THE JET STREAM IS KIND OF A SLOW MOVER. BUT IT DOES  WEAKEN. YOU'LL NOTICE THE TROUGH DIGS INTO THE WEST AND ANOTHER CUT  OFF INTO THE SOUTHEAST AS WE HEAD INTO NEXT WEEK. THAT'S A STORMY  WEATHER PATTERN WITH ONLY A LITTLE BIT OF ARCTIC AIR GETTING INVOLVED  NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT  SOME LOCAL FORECASTS. FIRST OF ALL, FOR OGDEN, UTAH, CLOUDY WITH A MIX  OF RAIN AND SNOW TODAY, A HIGH TEMPERATURE OF 35. PINE BLUFF, ARKANAS,  MORNING SHOWERS, OTHERWISE CLOUDY AND WARMER. THE HIGH IS UP TO 64  AND ROCHESTER, NEW YORK, IS MOSTLY CLOUDY, ON THE MILD SIDE. THE HIGH  TEMPERATURE IN THE AFTERNOON AT 41. 

TEASE
WHEN WE COME BACK, CHECKING ON CATTLE MARKETS AND WHY FEEDERS  HOPE TO SEE A LITTLE MORE STRENGTH THIS WEEK. AND LATER A STURGEON RESURGENCE IN TENNESSEE...WILDLIFE OFFICIALS ARE  WORKING TO RESTORE THE FISH TO THEIR NATIVE HABITAT.

DROVERS TV
ON DROVERS TV, THE WINTER WEATHER--INCLUDING ICE, SNOW AND NOW  FLOODING RAINS, CONTINUES CREATE STRESS AT THE NATION'S FEEDLOTS. SHIPMENTS OF CATTLE ARE SLOW AS HAULERS HAVE TO MANEUVER WEATHER  CONDITIONS. THAT COMBINED WITH SMALLER SHOW LISTS HAS THE EDITORS AT DROVERS  OPTIMISTIC ABOUT INCREASED FED CATTLE PRICES THIS WEEK. LAST WEEK'S SALES WERE NEAR 119--THIS WEEK PRICES ARE ALREADY A DOLLAR  TO TWO DOLLARS HIGHER. THE LATEST STERLING BEEF PROFIT TRACKER SHOWS FEEDYARDS WITH  PROFITS OF 100 TO 150 DOLLARS PER HEAD--AND 9 STRAIGHT WEEKS IN THE BLACK."FEEDYARD PROFITABILITY HAS IMPROVED RECENTLY, PACKER MARGINS HAVE DECLINED, AND THAT MAY REDUCE THEIR WILLINGNESS TO BID AGGRESSIVELY ON CATTLE IN THE COMING WEEKS. SEASONALLY, HOWEVER, WE’LL SOON ENTER A PERIOD OF INCREASING BEEF DEMAND WHICH SHOULD BE SUPPORTIVE OF PRICES." CATTLE HAVE BEEN IN THE GREEN EARLIER THIS WEEK- AS FUNDS CONTINUE TO  BUY  HEAVILY.  ACCORDING TO TOP THIRD, MANAGED MONEY WAS NET LONG ROUGHLY 99- THOUSAND, 500 CATTLE (CONTRACTS?) EARLIER THIS WEEK.  FUNDS HAVE THE LARGEST LONG POSITION NOT SEEN SINCE JULY OF 2014.  THE FUND LEVEL RECORD LENGTH IS 136-THOUSAND CONTRACTS.  SOME SAY THE BUYING IS CREATING SOME OPPORTUNITIES. 'FUNDS HAVE THE BIGGEST LONG POSITION SINCE 2014 WHEN THE MARKET WAS ON ITS WAY DOWN  FROM SOME ALL-TIME HIGHS. 23 IN ADDITION TO THAT, WE'VE SEEN SOME STRENGTH IN THE CASH CATTLE  MARKET, WE HAD CASH CATTLE TRADE IN THE 118 AND 120 SO IT'S BEING SUPPORTED BY  FUNDAMENTALS BUT WE HAVE SOME SPECULATIVE BUYING HERE IN THESE FRONT MONTH CONTRACTS.'  ACROSS THE POND, THE COUNTRY OF LATVIA HAS DECLARED A STATE OF  EMERGENCY.  FARMS IN THREE REGIONS SEEING AN OUTBREAK OF AFRICAN SWINE FEVER. HUNDREDS OF PIGS ARE LIKELY TO BE CULLED TO TRY AND KEEP THE  EXTREMELY CONTAGIOUS DISEASE FROM SPREADING. SINCE 2014, DOZENS OF OUTBREAKS HAVE BEEN REPORTED AMONG PIGS AND  WILD BOARS IN LATVIA AND ITS BALTIC NEIGHBORS-- ESTONIA, LITHUANIA, AND  POLAND-- PROMPTING RUSSIA TO BAN PORK IMPORTS FROM THE EUROPEAN  UNION. LATVIA HAS SPENT MORE THAN 14 MILLION DOLLARS FIGHTING THE DISEASE  SINCE 2014.

TEASE
IT'S NOT SUMMER FISHING SEASON YET, BUT WE'VE GOT A WHOPPER FROM  TENNESEE WHERE WILDLIFE EXPERTS ARE WORKING HARD TO RESTORE THE  NATIVE STURGEON TO STATE WATERS.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S BX AND L SERIES COMPACT TRACTORS - AVAILABLE  NOW WITH A SIX-YEAR LIMITED POWERTRAIN WARRANTY.  LEARN MORE TODAY AT YOUR LOCAL KUBOTA DEALER.  IT'S A SPECIES THAT ALL BUT DISAPPEARED FROM TENNESSEE'S WATERWAYS.   BUT NOW THE LAKE STURGEON IS BACK, THANKS TO RE-STOCKING EFFORTS. U- T'S INSTITUTE OF AGRICULTURE WORKS TO MONITOR AND IMPROVE THE  STURGEON'S HABITAT AND FOOD SUPPLY. CHARLES DENNEY TAKES US ON A  FISHING TRIP TO FIND THIS UNUSUAL SPECIES.  WEIGHING IN AT A SLENDER 17 POUNDS, THIS LAKE STURGEON IS STILL 50 INCHES OF FIGHT. A TEAM FROM  UTIA'S FORESTRY, WILDLIFE AND FISHERIES DEPARTMENT CAUGHT THIS MONSTER IN 35 FEET OF WATER AT  WATTS BAR LAKE. STURGEON HAVE A PREHISTORIC SHARK LOOK, WITH BONY PLATES OVER THEIR HEADS  AND A SHOVEL-SHAPED SNOUT WITH A SUCKER MOUTH – USED TO SCRAPE FOOD FROM THE RIVER  BOTTOM. (DR. BRIAN ALFORD) "WE DO AN ANNUAL STURGEON ROUNDUP IS WHAT WE CALL IT EVERY  NOVEMBER AND DECEMBER. AND WE'LL START AT THE UPPER END OF THE TENNESSEE SYSTEM HERE NEAR KNOXVILLE." DR. BRIAN ALFORD WITH THE UT INSTITUTE OF AGRICULTURE LEADS AN EFFORT TO MAP  HABITAT AND MONITOR THE FOOD SUPPLY FOR STURGEON. "OKAY, SO THE STURGEON PREFER THE DEEP WATER? ESPECIALLY WHEN THE WATER IS AS WARM AS IT IS  RIGHT NOW." THE TEAM CHECKS SEVERAL 300-FOOT TROT LINES STRETCHED ACROSS THE BOTTOM OF THE  LAKE.  ABOUT 15 YEARS AGO, STURGEON WERE FIRST PUT BACK IN THESE WATERS – A TEAM EFFORT BY  THE U.S. FISH AND WILDLIFE SERVICES, TWRA, TVA, THE TENNESSEE AQUARIUM AND UTIA.  "ROUGHLY 150,000 STURGEON HAVE BEEN STOCKED INTO THE RIVER AND WE THINK SURVIVAL IS PRETTY  HIGH. IN ORDER FOR THERE TO BE A HEALTHY FISH POPULATION, YOU HAVE TO HAVE A HEALTHY  ECOSYSTEM, AND THAT STARTS WITH THEIR WATER QUALITY, LIKE DISSOLVED OXYGEN AND TEMPERATURE  AND FLOW. ONCE YOU HAVE THESE THINGS IN PLACE THAT LEADS TO AN ADEQUATE FOOD SUPPLY." THERE  WAS A TIME WHEN IT WAS RARE, IF NOT IMPOSSIBLE, TO FIND STURGEON IN WATTS BAR, BUT NO LONGER. THE CREW ALSO CAUGHT THIS TWO-FOOTER, JUST A COUPLE OF YEARS OLD, AND IN GOOD HEALTH. (CHARLES  DENNEY) "WE KNOW THE STURGEON POPULATION IS ON THE RISE BECAUSE FISHERMAN ARE CATCHING  MORE OF THEM. UTIA EXPERTS STRESS THAT STURGEON ARE STILL A FEDERALLY THREATENED SPECIES, AND  IF YOU HOOK ONE, GRAB A QUICK PHOTO, BUT THEN TURN IT LOOSE." (DR. BRIAN ALFORD) "OUR FISHERMAN  ACTUALLY HELP US QUITE A BIT WITH THE MONITORING AS WELL. WE HAVE A REPORTING HOTLINE THEY CAN  CALL TO TWRA. WE ALSO HAVE A WEB SITE CALLED 'I CAUGHT ONE DOT ORG' WHERE THEY CAN POST  PICTURES AND TELL US EXACTLY WHERE THEY CAUGHT THEIR FISH AND HOW BIG IT WAS."  THE STURGEON  RESTOCKED IN TENNESSEE ARE APPROACHING SPAWNING AGE, SO THE FUTURE IS HOPEFUL. WITH CLEAN  WATER, ABUNDANT FOOD ANA LITTLE HELP FROM SCIENCE, IT'S A SPECIES WHOSE NUMBERS SHOULD  GROW.  THIS IS CHARLES DENNEY REPORTING.  THE STURGEON RELEASED IN TENNESSEE WATERS WERE ALL ACTUALLY BORN AND RAISED FOR A WHILE IN WISCONSIN.  STURGEON IN SOME PARTS OF NORTH  AMERICA CAN GET REALLY BIGOVER TEN FEET LONG.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY. 

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