AgDay Daily Recap -July 10, 2015

July 10, 2015 02:57 AM
 

TODAY ON AGDAY
JULY 10, 2015

OPEN HEADLINES:
TODAY ON AGDAY - CONGRESS IS APPROPRIATING MONEY AND IT COULD IMPACT SOME MAJOR POLICIES AT THE USDA. EPA'S GINA MCCARTHY FIELDING TOUGH QUESTIONS ON AGENCY OVERREACH…IN THE PROFARMER PROFIT BRIEFING PILES OF ECONOMIC UNCERTAINTY AROUND THE WORLD…WHAT'S IT MEAN TO AG MARKETS? WORLD FOOD PRICES CONTINUE TO FALL. AND TAKE A TOUR OF THE TENNESSEE FARM OF THE YEAR. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO...
AG APPROPRIATIONS:
GOOD MORNING I'M CLINTON GRIFFITHS. AS HOUSE APPROPRIATORS PUSH THROUGH A FUNDING BILL FOR USDA, THEY BLOCK EFFORTS TO ALLOW BEEF FROM CERTAIN REGIONS OF SOUTH AMERICAN TO ENTER THIS COUNTRY...AND THAT'S OUR TOP STORY ON AGDAY.
APPROPRIATIONS OTHERS:
THE FULL HOUSE VOTED ON THE EPA AND INTERIOR DEPARTMENT APPROPRIATIONS BILL THURSDAY AFTER CONSIDERING A FEW REMAINING AMENDMENTS.ONE INCLUDED AN ATTEMPT TO BLOCK EPA'S CLEAN WATER RULE. AS WE'VE BEEN REPORTING EPA HAS RELEASED A PROPOSED RULE THAT RE-DEFINES WHAT'S CONSIDERED 'WATERS OF THE UNITED STATES'. MANY MAINSTREAM FARM GROUPS CALL IT GOVERNMENTAL OVERREACH.
OKLA WOTUS:
MEANWHILE OKLAHOMA IS THE LATEST PARTY TO JOIN A LEGAL CHALLENGE AGAINST THE EPA'S CLEAN WATER RULE. 28 STATES HAVE FILED SUIT AGAINST THE AGENCY, CLAIMING EXECUTIVE OVER-REACH. ATTORNEY GENERAL SCOTT PRUITT OF OKLAHOMA SAYS WOTUS IS "EPA'S BRAZEN EFFORT TO STIFLE PRIVATE PROPERTY RIGHTS"
AVIAN FLU IMPACT:
IN OTHER NEWS - DESPITE THE FINANCIAL SETBACK FOR MANY EGG, HEN AND TURKEY PRODUCERS, IOWA WILL NOT RECEIVE A DISASTER DECLARATION AS THE RESULT OF AVIAN FLU. THE IOWA DEPARTMENT OF AG SAYS THE OBAMA ADMINISTRATION HAS DECIDED AGAINST OFFERING ADDITIONAL FEDERAL RESOURCES - SUCH AS LOW INTEREST LOANS - TO HELP PRODUCERS WHO WERE HIT BY THE DEADLY BIRD FLU. 32 MILLION BIRDS WERE DESTROYED BECAUSE OF A-I. MEANWHILE POULTRY ECONOMIST TOM E-LIM ESTIMATED THAT LOSSES DUE TO AVIAN FLU HAVE COST EGG AND TURKEY PRODUCERS NEARLY ONE-POINT SIX BILLION DOLLARS. HE SAYS THE LAYER INDUSTRY AMOUNTS TO AN ADDITIONAL ONE BILLION DOLLARS IN LOSSES.
ABILENE RAIN:
A WEST TEXAS CITY HAS HAD ITS WETTEST DAY SINCE FORECASTERS BEGAN KEEPING RAINFALL RECORDS IN THE LATE 1800'S. THE NATIONAL WEATHER SERVICE SAYS ABILENE ON TUESDAY RECEIVED NEARLY OVER EIGHT INCHES OF RAIN, LEADING TO STREET FLOODING AND HIGH-WATER RESCUES. A METEOROLOGIST SAYS A FRONTAL BOUNDARY STALLED OVER THE AREA TUESDAY, AT TIMES DUMPING 2-3 INCHES OF RAIN PER HOUR. THE PREVIOUS DAILY RAINFALL RECORD FOR THE CITY WAS SIX AND HALF INCHES. THAT WAS SET IN MAY OF 1928.
TEASE:
AND LATER, TRAVEL TO ONE OF THE TOP FARMS IN ALL OF TENNESSEE...AN OPERATION NOW PRODUCING AWARDS AT THE VOLUNTEER STATE'S FARM OF THE YEAR.
PROFIT BRIEFING:
 IT'S A BEEN A ROLLER COASTER FOR WORLD MARKETS THIS WEEK THANKS TO CRISEES IN BOTH GREECE AND CHINESE FINANCIAL MARKETS. SO WHAT DOES THAT MEAN FOR TRADE AND MARKETS HERE AT HOME. TO ANSWER THAT...THE FELLAS FROM PROFARMER JOIN US WITH TODAY'S PROFIT BRIEIFING.
WORLD FOOD PRICES:
ACCORDING TO THE UN'S FOOD AND AGRICULTURE ORGANIZATION GLOBAL FOOD PRICES ARE NOW AT A FIVE YEAR LOW. IT'S PRICE INDEX-LOOKING AT MORE THAN 70 ITEMS FELL TO ITS LOW POINT SINCE SEPTEMBER OF 2009. THE F-A-O REPORT CITES DAIRY AND SUGAR PRICES AS THE MAIN CAUSE OF THE CONTINUED DOWNWARD SLIDE. PRICES RETREATING FOR 8 STRAIGHT MONTHS….
ORGANIC TRADE:
ALSO IN GLOBAL FOOD, THE US AND SWITZERLAND ANNOUCING AN AGREEMENT FOR CERTIFIED ORGANIC PRODUCTS…THE ARRANGEMENT MEANS PRODUCTS CERTIFIED AS ORGANIC IN THE UNITED STATES OR IN SWITZERLAND MAY BE SOLD AS ORGANIC IN EITHER COUNTRY. THE AGREEMENT ALONG WITH FOUR OTHER ORGANIC EQUIVALENCY DEALS SHOULD HELP OPEN UP ACCESS TO NEW MARKETS..FOR U.S. FARMERS AND BUSINESSES…USDA SAYS ORGANIC FOOD NOW ACCOUNTS FOR 39 BILLION DOLLARS IN RETAIL SALES HERE IN THE U.S. ADDING THAT THESE AGREEMENTS HAVE THE POTENTIAL TO DOUBLED THAT ORGANIC MARKET.
PERDUE ANTIBIOTICS:
CHICKEN PRODUCER PERDUE FARMS SAYS IT'S NOW RAISING MORE THAN HALF ITS CHICKENS WITHOUT ANY KIND OF ANTIBIOTICS. THE COMPANY TELLING MEATINGPLACE, IN THE PAST YEAR IT HAS DECREASED THE PERCENTAGE OF ITS CHICKEN FLOCKS RECEIVING ANIMAL-ONLY ANTIBIOTICS TO 42 PERCENT FROM 60 PERCENT....AND IT EXPECTS THAT TO KEEP FALLING. ON THE HUMAN ANTIBIOTIC SIDE, PERDUE SAYS CURRENTLY, 96 PERCENT OF ITS FLOCKS NEVER REQUIRE TREATMENT WITH A HUMAN ANTIBIOTIC.
CLOSE:
 MR. CLAY WILL BE HONORED AT THE TENNESSEE FARM BUREAU PRESIDENT'S CONFERENCE NEXT MONTH. HE'LL ALSO BE RECOGNIZED DURING THE UNIVERSITY OF TENNESSEE'S ANNUAL "AG DAY" CELEBRATION THIS OCTOBER. THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

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