AgDay Daily Recap -July 16, 2015

July 16, 2015 02:57 AM
 

TODAY ON AGDAY
JULY 16, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - WATER QUALITY ENTERS THE LEGAL FRAY. WE'LL LOOK AT A PENDING CASE THAT COULD HAVE FAR-REACHING IMPACTS TO FARMERS BEYOND IOWA BORDERS. PLUS, FARMLAND VALUES IN A BALANCING ACT. IN AGRIBUSINESS...THE BENEFITS OF VOLOTILITY BUT WHEN YOU GIVE YOU GET YOURSELF AN OPPORTUNITY TO BENEFIT FROM A MARKET RALLY BUT BE PROTECTED FROM A MARKET DECLINE THEN VOLUNTARILY NOTHING TO BE SCARED AT. NATIONAL FFA MAKES A MOVE TO THE HOOSIER STATE. AND THIS SMALL PATCH OF LAND IS HELPING FOREIGN FAMILIES FEEL RIGHT AT HOME. AGDAY BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
DES MOINES LAWSUIT 1:
GOOD MORNING I'M CLINTON GRIFFITHS. THE CONTENTIOUS ISSUE OF FARM RUN-OFF IS BUILDING IN IOWA AS THE WATER DISTRICT SERVING THE STATE'S LARGEST CITY TAKES AIM AT CORN AND SOYBEAN GROWERS...AND THAT'S OUR TOP STORY ON AGDAY.
MONSANTO IARC:
THANKS BETSY. MONSANTO IS PLANNING TO FIGHT BACK AGAINST CLAIMS THAT GLYPHOSATE CAUSES CANCER. YOU MAY REMEMBER THAT THE 'INTERNATIONAL AGENCY OF RESEARCH ON CANCER" CLASSIFIED GLYPHOSATE AS QUOTE "PROBABLY CARCINOGENIC". MONSANTO ANNOUCING THAT IT'S PLANNING TO ASSEMBLE A PANEL OF SCIENTISTS TO REVIEW THE I-ARC ANALYSIS. ITS GOING TO BE MADE UP OF 10 INDEPENDENT GLOBALLY RECOGNIZED EXPERTS IN A RANGE OF FIELDS. WHEN I-ARC FIRST RELEASED ITS REPORT IN MARCH, WE TALKED WITH ONE OF THE SENIOR SCIENTISTS AT MONSANTO ABOUT THE CLAIM.
LAND VALUES WALSTEN:
A LEADING EXPERT IN LAND PRICES SAYS FARMLAND VALUES ARE STILL WEAK BUT IT'S NOT THE BIG DOWNTURN THAT SOME PREDICTED.
TEASE:
IT'S NO SECRET MARKETS CAN HAVE WIDE SWINGS DAY TO DAY. UP NEXT WE'LL HEAR WHY ONE ANALYST SAYS THOSE MARKET MOVES CAN ACTUALLY BE BENEFICIAL.
CME REPORT:
IN AGRIBUSINESS CATTLE TRYING TO SNAP A NEARLY WEEK LONG LOSING STREAK…LETS SEE HOW MARKETS DID FROM THE FLOOR OF THE CME.S
ANALYSIS INTRO:
WHILE GENERALLY GRAIN MARKETS HAVE BEEN HIGHER OVER THE LAST FEW WEEKS, THE UP AND DOWN REMAINS. TRADERS CALL IT VOLATILITY AND AS TYNE MORGAN FINDS OUT THIS MORNING, IT'S NOT ALWAYS A BAD THING.
NATIONAL FFA:
GRAB YOUR BLUE AND GOLD AND PLAN FOR A TRIP TO THE HOOSIER STATE. THE NATIONAL FFA ORGANIZATION ANNOUNCING PLANS TO MOVE IT'S NATIONAL CONVENTION BACK TO INDIANAPOLIS STARTING IN 2016--AND RUNNING AT LEAST THROUGH 2024. THIS YEAR'S ANNAUAL EVENT WILL STILL TAKE PLACE IN LOUISVILLE KENTUCKY 64-THOUSAND PEOPLE ARE EXPECTED TO ATTEND. INDIANA OFFICIALS ESTIMATE THE 2016 CONVENTION WILL HAVE AN ECONOMIC IMPACT OF MORE THAN 36 MILLION DOLLARS FFA BOASTS MORE THAN 610-THOUSAND MEMBERS.
AI COSTS:
A NEW STUDY ON THE COST OF AVIAN INFLUENZA IN SOUTH DAKOTA SHOWS LOSSES OF 15 MILLION DOLLARS TO THE STATE'S ECONOMY… ROUGHLY 11 PERCENT OF THE COMMERCIAL TURKEYS IN THE STATE WERE IMPACTED BY A-I. SOUTH DAKOTA STATE SAYS THE DOLLAR NUMBERS DO NOT TAKE INTO ACCOUNT THAT THE AFFECTED FACILITIES WILL HAVE TO REMAIN EMPTY DURING CLEANING...THEN THERE'S THE MULTIPLIER EFFECT. ECONOMISTS SAY COLLECTIVELY THE ECONOMIC IMPACT IN ALL NINE COUNTIES COULD BE CLOSER TO $27 MILLION.
LAND DESIGNATIONS:
AND FINALLY, IN A DESIGNATION LAST WEEK, PRESIDENT BARACK OBAMA NAMED THREE MORE NATIONAL MONUMENTS UNDER THE ANTIQUES ACT.  THE BERRYESSA SNOW MOUNTAIN IN CALIFORNIA, WACO MAMMOTH IN TEXAS, AND BASIN AND RANGE IN NEVADA…ALL ADDING MORE THAN ONE-MILLION ACRES TO FEDERAL JURISDICTION…THE PUBLIC LANDS COUNCIL SAYS THAT BRINGS THE TOTAL LAND AND WATER MOVED UNDER RESTRICTIVE MANAGEMENT TO MORE THAN 260 MILLION ACRES IN THE LAST 6 YEARS.
ITC YALE GARDEN:
MOVING TO A FOREIGN LAND CAN MAKE IT HARD TO FEEL AT HOME. IN CONNETTICUT--ON THE OUTSKIRTS OF YALE UNIVERSITY, A SMALL PATCH OF GROUND IS HELPING STUDENTS AND THEIR FAMILIES CONNECT TO THEIR ROOTS. KRISTA FOR-EE-AY REPORTS.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close