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AgDay Daily Recap -January 21, 2015

08:57AM Jan 21, 2015

TODAY ON AGDAY
JANUARY 21, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY HOW EGG PRODUCERS ARE ADAPTING TO TOUGHER HOUSING RULES IN CALIFORNIA. PLUS, AG SECRETARY VILSACK WANTS MORE TAX TOOLS FOR BEGINNING FARMERS AND RANCHERS LOOKING TO BUY LAND. IN AGRIBUSINESS....A LOOK AT WHEAT MARKETS…WHEN IN ACTUALITY WHAT'S HAPPENED IS OUR WHEAT EXPORT SALES HAVE BEEN DROPPING OVER THE LAST PAST FEW WEEKS. PLUS VISIT A FAMILY FARM IN KENTUCKY HELPING TO SERVE THE STATE'S BOURBON INDUSTRY...AND IT'S A FINALIST FOR TOP PRODUCER OF THE YEAR. AGDAY-BROUGHT TO YOU BY CHEVY SILVERADO 2014 NORTH AMERICAN TRUCK OF THE YEAR.
PROP 2:
GOOD MORNING I'M CLINTON GRIFFITHS. VOTERS DECIDED AND NOW EGG PRODUCERS ARE MEETING THOSE DEMANDS IN THE GOLDEN STATE...AND THAT'S OUR TOP STORY ON AGDAY.
LAND OWNERSHIP:
THE NATION HEARD THE PRESIDENT'S PLAN FOR THE YEAR AHEAD LAST NIGHT DURING THE STATE OF THE UNION. AG SECRETARY TOM VILSACK IS ALSO LAYING OUT PLANS FOR THE SECOND HALF OF THE TERM.
CROP WATCH:
CROPWATCH TAKES US TO TWO PLACES THAT COULD USE A BIG BLAST OF WINTER SNOW. MIKE HOFFMAN HAS THE DETAILS FROM THE AGDAY WEATHER-CENTER. MIKE.
TEASE:
UP NEXT AT LOOK AT HOW MARKETS REACTED TO THE DAY OFF. PLUS FARM DIRECTOR AL PELL LOOKS AT WHEAT MARKETS IN TODAY'S ANALYSIS.
CHINA ECONOMY:
NEW DATA FROM CHINA SHOWS ITS ECONOMY GREW AT ITS SLOWEST PACE IN MORE THAN TWO DECADES.  THE 2014 NUMBERS RELEASED TUESDAY SHOW GDP EXPANDED AT 7 POINT 4 PERCENT. CHINESE OFFICALS SAY THEY WERE TARGETING 7 AND HALF PERCENT GROWTH.
IT'S THE WEAKEST GROWTH SINCE 1990.
ANALYSIS:
OUR GUEST HERE AT THE AGRIBUSINESS DESK IS TED SEIRFRIED FROM ZANER AG TED ONE OF THE THINGS I'D LIKE TO TALK TO YOU ABOUT A LITTLE BIT IS THE SITUATION WITH WHEAT AT THIS POINT IN TIME ACTUALLY WHEAT IS RUNNING UP PRETTY GOOD BUT HAY WE'VE GOT COLD WETHER AND NOT A LOT OF SNOW ON SOME OF IT. THAT'S RIGHT SO WE REALLY RAN UP ON WHEAT BASED ON THE IDEA THAT RUSSIA WAS GOING TO SLOW DOWN OR STOP EXPORTING WHEAT UNFORTUNATELY WE HAVEN'T SEEN ANY BUSINESS FROM THAT WE REALLY KIND OF PUT THE CART BEFORE THE HORSE WITH THAT THINKING THAT WE'D GET MORE BUSINESS WHEN IN ACTUALITY WHAT'S HAPPENED IS OUR WHEAT EXPORT SALES HAVE BEEN DROPPING OVER THE LAST PAST FEW WEEKS PARTIALLY BECAUSE OF THE STRONGER DOLLAR AND THE FACT THERE A LOT OF OTHER COMPETITIVE AREAS FOR WHEAT IN THE WORLD RIGHT NOW BUT ALSO BECAUSE WE JUST HAVEN'T SEEN THIS BIGGER DEMAND GLOBALLY COMING TO OFFSET THE RUSSIAN DEMAND YOU KNOW WINTER KILL IS CERTAINLY AN ISSUE YOU KNOW WE LOOK AT THE COLD TEMPERATURES THAT WE HAVE RIGHT WE LOOK AT THAT JUST UNDER 40% OF THE WHEAT CROP IS AT RISK NOT HAVING THAT SNOW COVER NOT HAVING THAT INSULATION HOWEVER YOU KNOW WE SAW SOME VERY  COLD TEMPERATURES LAST YEAR AT TIMES WHERE WE DIDN'T HAVE A WHOLE LOT OF SNOW COVER ALSO WITHOUT THAT MUCH IN THE WAY OF WINTER KILL A VAST MAJORITY OF THE WHEAT CROP RIGHT NOW IS RATED FAIR TO GOOD SO WE'RE NOT IN THE EXCELLENT CATEGORY BUT WE STILL HAVE A FARILY DECENT WHEAT CROP AND WE JUST HAVEN'T BEEN ABLE TO GET EXCITED ABOUT A MAJOR WINTER KILL ISSUE AS OF YET AND WITH TEMPERATURES LOOKING LIKE THEY ARE GOING TO WARMER NEXT WEEK AND FOR THE NEXT 10 DAYS AT LEAST LOOKS LIKE WE MIGHT BE MOVING PAST THAT HUMP. OKAY THANK YOU VERY MUCH TED SEIFRIED, BEEN OUR GUEST HERE AT AGDAY BACK WITH MORE IN A MOMENT…
WX:
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, YESTERDAY WE TALKED ABOUT THAT STORM IN THE SOUTHWEST. YOU SAID WE'RE GOING TO BE TRACKING THAT FOR A FEW DAYS. IT'S NOT ONLY BRINGING IN GOOD MOISTURE TO THE SOUTHWEST, BUT THAT COULD BE A MAJOR SNOW STORM IN THE EAST AS WE HEAD TOWARD THE WEEKEND. WE'RE GOING TO CHECK THAT OUT ON THE WEATHER MAPS TODAY. YOU CAN SEE THAT SYSTEM IN THE SOUTHWEST CONTINUES TO PRODUCE SOME RAIN AND MOUNTAIN SNOWS ACROSS NORTHERN ARIZONA AND NORTHERN NEW MEXICO INTO PARTS OF EASTERN AND SOUTHEASTERN COLORADO. WE ALSO HAVE A WEAK ALBERTA CLIPPER-TYPE SYSTEM MOVING THROUGH THE SOUTHWESTERN PORTIONS OF THE GREAT LAKES INTO THE EASTERN OHIO VALLEY. THAT WILL PUT DOWN ONE INCH, MAYBE TWO IN PLACES. THAT'S ABOUT IT. WE'RE NOT TALKING ABOUT TOO MUCH SNOW THERE. THIS STORM SYSTEM WILL MAINLY STAY OFF SHORE. SO LET'S PUT THE MAPS INTO MOTION. YOU CAN SEE HOW THESE ARE GOING TO COMBINE OFF-SHORE. THIS ONE MOVES EAST. WE WILL SEE A LITTLE BIT OF LIGHT SNOW IN PENNSYLVANIA BACK INTO THE NORTH CENTRAL PORTIONS OF THE PLAINS. THIS IS MORE OF A SIGNIFICANT SYSTEM. THIS WILL BECOME MORE SIGNIFICANT AS WE HEAD INTO THE WEEKEND. YOU CAN SEE IT WILL BE OVER SOUTHERN PORTIONS OF NEW MEXICO AS WE HEAD INTO THE AFTERNOON HOURS TODAY. WE SEE SOME DECENT SNOWS. WHEN YOU HAVE WINDS LIKE THIS IN BETWEEN THE HIGH AND THE LOW COMING FROM THE EAST, YOU CAN REALLY PILE UP THE SNOW IN THE EASTERN EDGE OF THE ROCKY MOUNTAINS. THAT'S PROBABLY WHAT WE'RE GOING TO SEE THERE. THAT STORM SYSTEM CONTINUES WITH A WIDE-SPREAD AREA OF RAINS, SOME NICE RAINS FOR MUCH OF CENTRAL AND EASTERN TEXAS AND SOUTHERN PORTIONS OF OKLAHOMA. HIGH PRESSURE BUILDS INTO THE GREAT LAKES WITH JUST A FEW SPOTTY SNOW SHOWERS THERE. AS YOU SEE, THIS STORM SYSTEM MOVING INTO THE NORTHWESTERN GULF OF MEXICO WITH A WHOLE LOT OF MOISTURE WITH IT, WE WILL STILL SEE SOME SNOW BACK INTO PARTS OF THE SOUTHWEST. THIS COULD BE A MAJOR SNOW STORM FOR PARTS OF THE EAST COAST AS WE HEAD INTO THE WEEKEND. YOU FOLKS LIVING IN THOSE AREAS, STAY TUNED FOR THAT. PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS, IS NOT A WHOLE LOT. ADDING ON THE NEXT 36, THERE'S ALL THE MOISTURE AND AGAIN, A LOT OF THIS WILL BE SNOW. WHEN YOU START PUTTING DOWN THAT AMOUNT OF MOISTURE WITH SNOW, YOU CAN REALLY PILE IT UP. THERE IS ALSO NICE AMOUNTS ACROSS CENTRAL AND SOUTHEASTERN PORTIONS OF TEXAS. THAT'S THE MAJORITY OF THE PRECIPITATION. SNOWFALL AMOUNTS ARE ALL LIGHT. ADDING ON THE NEXT 36 HOURS, OUR COMPUTER MODEL SHOWS PERHAPS A FOOT OF SNOW IN PARTS OF THOSE HIGHER ELEVATIONS AND SOUTHEASTERN COLORADO AND EASTERN PORTIONS OF NEW MEXICO, EVEN SOME HIGHER AMOUNTS IN THE PAN-HANDLE OF TEXAS. HIGH TEMPERATURES TODAY ARE IN THE 20'S AND 30'S IN THE NORTHERN STATES AND MAINLY 50'S AND 60'S BY THE TIME YOU GET CLOSER TO THE GULF COAST. LOW TEMPERATURES TONIGHT WILL BE THE COLDEST IN THE CENTRAL ROCKIES AND ALSO THE NORTHERN PORTIONS OF THE GREAT LAKES AND THE NORTHEAST AND HIGH TEMPERATURES TOMORROW WILL BE SIMILAR AND A LITTLE CHILLY AS THIS STORM SYSTEM COMES INTO THE SOUTHERN PLAINS. THERE'S THE JET STREAM. YOU CAN SEE A WEAK TROUGH MOVING THROUGH THE EAST. THERE'S THE BIG STORM SYSTEM. YOU CAN SEE HOW THAT REALLY STARTS TO CUT UP THROUGH THE NORTHEAST THROUGH THE WEEKEND. QUICK SHOT OF COLD AIR BEHIND IT WE STILL POSSIBLY ARE GOING TO KEEP A TROUGH IN THE EAST WITH A RIDGE OUT WEST. EXACTLY WHERE THAT COLD AIR GOES NEXT WEEK IS STILL A LITTLE BIT UP IN THE AIR. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL, FOR SACRAMENTO, CALIFORNIA, MORNING FOG AND SOME SUNSHINE LATE IN THE DAY, HIGH OF 58 DEGREES…TAKE A LOOK AT TULSA, OKLAHOMA, MOSTLY CLOUDY AND CHILLY. THE HIGH IS AROUND 37. FINALLY, BANGOR, MAINE, LOTS OF SUNSHINE BUT COLD, HIGH AROUND 21…
BAYER YOUNG FARMER:
WHAT ARE YOU DOING ON YOUR FARM TO HELP MAKE IT SUSTAINABLE? THE FOLKS AT BAYER CROP-SCIENCE ARE LOOKING FOR THE BEST AND BRIGHTEST YOUNG FARMING MINDS TO SHARE THEIR IDEAS.
TEASE:
UP NEXT A FARM FIX CLEVER ENOUGH TO BE NAMED A 100 DOLLAR IDEA WINNER.
ITC TOP PRODUCER #2:
AS WE MENTIONED YESTERDAY TOP PRODUCER SEMINAR IS UNDERWAY IN CHICAGO THIS WEEK.THAT EVENT INCLUDES THE NAMING OF THIS YEAR'S TOP PRODUCER OF THE YEAR.
YESTERDAY WE MET RORIC PAULSON OF NEBRASKA.
TODAY WE'RE TRAVELING TO KENTUCKY TO MEET A FARM FAMILY WITH GENERATIONS OF EXPERIENCE.
CLOSE:
THAT'S OUR SECOND FINALIST. YOU'LL MEET OUR THIRD FINALIST TOMORROW.
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

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