AgDay Daily Recap -July 20, 2015

July 20, 2015 02:57 AM
 

COMING UP TODAY ON AGDAY -A NEW SURVEY OF THE NATIONS CATTLE 
INVENTORY IS ON THE WAY...WHAT WILL THAT MEAN FOR PRICES. PLUS, A 
LOOK AT CONSERVATION STEPS TAKEN BY IOWA FARMERS IN THE FACE OF A 
LEGAL BATTLE. IN AGRIBUSINESS...WHAT IF FUND MONEY SWITCHES SIDES... 
ALL IT TAKES IS A LITTLE BIT OF CHANGE OF MINDSET IN OUR SPECULATIVE
COMMUNITY AND THIS MARKET GOES RIGHT BACK FROM WHERE
IT CAME FROM.
AND THIS BIG YIELD SPECIALIST IN TENNESSEE IS SHARING SOME OF HIS 
SECRETS FOR A BIN BUSTER CROP. AGDAY-BROUGHT TO YOU BY THE 
DEPENDABLE, LONG LASTING CHEVY SILVERADO. 
GOOD MORNING I'M CLINTON GRIFFITHS. 
IMPROVING PASTURES AND STRONG PRICES CONTINUE TO ENCOURAGE 
HERD EXPANSION...BY HOW MUCH...IS AN ANSWER WE'LL GET LATER THIS 
WEEK. ON FRIDAY USDA WILL BE RELEASING ITS MID-YEAR CATTLE INVENTORY 
REPORT. IT'LL GIVE US A FIRM IDEA OF HOW MUCH BIGGER THE U-S BEEF HERD HAS 
GOTTEN AFTER SEVERAL YEARS OF DROUGHT-INDUCED DECLINES. 
AS OF JANUARY FIRST, IT SHOWED A 2 PERCENT INCREASE. THE EDITOR OF 
BEEF TODAY MAGAZINE SAYS THOSE NUMBERS ARE LIKE TO INCREASE. 
WHAT THAT'S TELLING US, HEIFER SLAUGHTER IS GOING TO GO DOWN. IT 
ALREADY HAS 5=-7 PERCENT THE FIRST HALF OF THIS YEAR. COW 
SLAUGHTER IS ALSO DOWN. SO THE REBUILDING PAHASE IS BECOMING 
MORE AGGRESSIVE. HIGHER PRICES IS DRIVING THAT.
GREG SAYS PRICES FOR CALVES AND YEARLINGS ARE NEAR ALL-TIME HIGHS. 
HE SAYS THE FEED YARD SECTOR IS HAVING A DIFFICULT TIME REMAINING 
PROFITABLE. BUT HENDERSON SAYS THAT MAY IMPROVE THIS FALL WITH 
LOWER CORN PRICES. SHORT SUPPLIES CONTINUES TO KEEP RETAIL PRICES HIGH HERE IN THE U.S. 
THIS GRILLING SEASON HAS BEEF NEARLY 10 PERCENT HIGHER THAN 2014. 
DROUGHT OVER THE PAST FEW YEARS FORCED LIQUIDATIONS--SHRINKING 
HERD NUMBERS AND OVERALL SUPPLY. 
IN MAY --ON AVERAGE CONSUMERS WERE PAYING NEARLY 30 CENTS MORE 
PER POUND FOR GROUND BEEF AND NEARLY A DOLLAR AND A QUARTER 
MORE FOR SIRLOIN STEAK, COMPARED TO A YEAR AGO. 
SO IF YOU LOOK AT THE MEATS, ON THE BEEF SIDE WE GOT VIRTUALLY 
RECORD PRICES STILL DRIVEN BY TIGHT SUPPLIES OF BEEF. SO WHEN YOU 
COMBINE HIGH PRICES ANYWAY WITH STRONG DOLLAR, IT REALLY MADE A 
CHALLENGE ON BEEF EXPORTS. AT THE SAME TIME, STRONG DOLLAR 
FAVORS MORE BEEF IMPORTS. SO WE'VE SEEN A SHARP INCREASE IN BEEF 
IMPORTS.MEANWHILE, THE SENATE APPROPRIATIONS BILL IS FOLLOWING THE SAME 
PATH AS THE HOUSE IN TRYING TO PREVENT BEEF IMPORTS FROM CERTAIN 
REGIONS OF BRAZIL AND ARGENTINA. THE LEGISLATION FORCES USDA TO DELAY 
THE END OF AN IMPORT BAN ON FRESH FROZEN BEEF. 
USDA RECENTLY ANNOUNCED PLANS TO RELAX THAT BAN. CATTLEMEN ARE 
CONCERNED THAT COULD POSE A THREAT OF FOOT AND MOUTH AND 
DISEASE. NEW INFORMATION THIS MORNING ABOUT A CLEAN WATER LAWSUIT 
BETWEEN FARMERS AND A METRO WATER DISTRICT IN IOWA. AS WE'VE BEEN 
REPORTING, THE DES MOINES WATER WORKS FILED A FEDERAL LAWSUIT 
AGAINST THE COUNTY SUPERVISORS AND DRAINAGE DISTRICTS IN THREE 
IOWA COUNTIES. THOSE COUNTIES SIT IN THE WATERSHED THAT DRAIN INTO 
TWO RIVERS THAT SUPPLY WATER TO DES MOINES. 
NOW A DATE IS SCHEDULED IN FEDERAL COURT FOR AUGUST 2016. 
IN THIS REPORT, BETSY JIBBEN LOOKS AT IOWA FARMERS EFFORTS TO 
SOLVE THE PROBLEM OF RUN-OFF WITH CONSERVATION. 
IN A HEATED BATTLE OVER CLEAN WATER.. BOTH SIDES ARGUE... 
SHOULD STATE OR FEDERAL PERMITS BE ISSUED TO SOLVE A WATER 
PROBLEM.. OR CAN IT BE SOLVED BY VOLUNTARY CONSERVATION PRACTICES? 
The idea that voluntary practices upstream will protect our environment and what is a 
public health issue in central iowa is simply alice and wonderland. It's not a reality. It's a 
myth. one effort in one direction, will not accomplish what we want to accomplish. It's going 
to take an attack on many different fronts to improve the water quality in Iowa.
lIKE JERRY MOHR, IOWA FARMERS ARE ALREADY PUSHING FORWARD WITH 
CONSERVATION PRACTICES. you don't need to throw your whole operation in at once, but you need to start to 
make positive steps. THAT INCLUDES FOLLOWING THE IOWA'S NUTRIENT REDUCTION STRATEGY. 
IT IS A SCIENCE AND TECHNOLGOY-BASED FRAMEWORK TO ASSESS AND 
REDUCE NUTRIENTS TO IOWA WATERS AND THE GULF OF MEXICO. 
THE PROGRAM IS DESIGNED TO REDUCE NITROGEN AND PHOSOPHORUS 
LOSS BY 45 PERCENT. It incentivizes producers to do the right thing on their farms. Whether that's planting 
cover crops, installing practices that reduce nutrient run-off. That's what it's all about. 
Farmers need that. They need incentative to adapt new technology. To me, it's the right 
approach. THIS IS THE THIRD YEAR THE IOWA STATE LEGISLATURE HAS APPROPRIATED 
about 10-million dollars per year FOR THE WATER QUALITY INITIATIVE to 
implement the strategy. THAT MONEY GOES TOWARDS information, training and education. 
BUT THERE'S NO GUARANTEED FUNDING BY STATE OR FEDERAL AGENCIES. 
AND THE PRACTICES ARE VOLUNTARY, WITHOUT A DEADLINE. 
Over the last two years, over 15-hundred farmers applied for 3.4 million in funding from 
the initiative. Most went to first-time users for conservation. 
AG GROUPS SAY THE STRATEGY NEEDS TIME TO WORK. 
we're going to have to reach out to the farmers who farm the land, to the 
landlords who own the land, and it's going to have to be the collaborative effort between 
all of those. BUT STOWE AND THE DES MOINES WATER WORKS SAY THEY DO NOT HAVE 
TIME TO LET A VOLUNTARY STRATEGY PLAY OUT.. We hear a lot of lip service about the nutrient reduction strategy which has a huge 
menu on a number of different practices that can be used, but there's no leadership in 
the industrial ag community to point out ones that should be used more often,"> 
PHILANTHROPIST AND ILLINOIS FARMER HOWARD G. BUFFETT SAYS 
CONSERVATION AG CAN AND WILL WORK, BUT FARMERS NEED TO MAKE 
CHANGES BEFORE THOSE CHANGES ARE DECIDED FOR THEM. 
I think we have a choice. That choice is to implement different farming techniques, 
different nutrient management, cover crops, whatever it is, that works for different 
farmers. Either we start doing that at a scale.......... Or we'll get regulated into it.
LAWSUIT ASIDE, AG GROUPS SAY THEY ARE STRIVING TO MAKE A BETTER 
FUTURE.. aND HOPE MORE REGULATIONS AREN'T PART OF IT. 
It's not one single thing that's going to solve this problem. It's going to take a lot of 
people being collaborative to solve this problem. We will get there, but it's not going to 
happen overnight. REPORTING FOR AGDAY I'M BETSY JIBBEN 
THANKS BETSY, IN CASE YOU MISSED IT, , YOU CAN VIEW ALL OF AGDAY'S
DES MOINES WATER LAWSUIT STORIES BY LOGGING ONTO AG-WEB-DOT-COM. 
OUTSIDE OF THE CORNBELT, WEATHER CONTINUES TO ME A MAJOR 
ISSUE..ESPECIALLY OUT WEST. MIKE HOFFMAN HAS THOSE DETAILS IN OUR MONDAY MORNING CROPWATCH. 
MIKE. GOOD MORNING CLINTON. WE FOCUS A LOT OF ATTENTION ON CALIFORNIA 
WHEN WE DISCUSS THE DROUGHT, BUT THE REST OF THE PACIFIC 
NORTHWEST HAS MAJOR PROBLEMS AS WELL. USDA DECLARING FIVE MORE 
COUNTIES IN WASHINGTON STATE AS DISASTER AREAS. 41-PERCENT OF THE 
STATE IS NOW CONSIDERED A PRIMARY FEDERAL DISASTER AREA WITH 
NEARLY 100 PERCENT OF THE STATE IN SEVERE DROUGHT. OREGON, IDAHO 
AND WESTERN MONTANA ARE PARCHED AS WELL.NOW TO THE OKLAHOMA 
PANHANDLE...CALEB SMITH SNAPPED THIS PHOTO OF A THUNDERSTORM IN 
HIS AREA. HE SAYS IT'S RAINED A COUPLE NIGHTS LATE LAST WEEK.THE 
CORN IS WELL OVER 5 FEET TALL NOW. MOVING ON TO ONTARIO, MATT 
LEACH SAYS THE AREA IS STILL FIGHTING WET CONDITIONS.. BELIEVE IT OR 
NOT, LEACH SAYS HE SNAPPED THIS PHOTO AFTER A WEEK OF HOT AND DRY 
WEATHER. NOW TAKING A LOOK AT THE DROUGHT MONITOR THERE YOU CAN 
SEE THE DROUGHT THAT'S EXTENDING INTO THE PACIFIC NORTHWEST THAT 
WE TALKED ABOUT THERE'S A FEW POCKETS IN THE SOUTH EAST BUT IT'S 
REALLY NOT WIDESPREAD OBVIOUSLY MOST OF THE CORN BELT DEALING 
WITH TO MUCH WATER NOT A DROUGHT WE;LL HAVE DETAILS ON YOUR 
FORECAST FOR THE COMING WEEK IN A FEW MINUTES 
UP NEXT A QUICK CHECK OF HOW MARKETS FINISHED THE WEEK. 
PLUS, THE DANGER OF UNWINDING RECENT RALLIES IF THE BIG MONEY 
REVERSES IT'S POSTIONS. LATER, FIND OUT WHY THE PHRASE "HOME PLATE" HAS A WHOLE NEW 
MEANING AT SOME MAJOR LEAGUE BALLPARKS. 
I'M CHUCK DENNEY. ONE TENNESSEE FARM PRODUCES CROP YIELDS SO 
HIGH, IT ALMOST DOESN'T SEEM REAL. WHAT THIS MEANS FOR THE FUTURE 
OF AGRICULTURE -THAT STORY COMING UP ON AGDAY.

 

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HERE AT THE AGRIBUSINESS DESK THIS MORNING IS MIKE NORTH FROM 
COMMODITY RISK MANAGEMENT GROUP. MIKE LET'S TALK A LITTLE BIT 
ABOUT THE VOLATILITY WE'VE SEEN IN THESE MARKETS. OVER THE LAST 
COUPLE OF WEEKS YEA, WE HAD A NICE RUN BUT WE'VE ALSO SEEN SOME 
UPS AND DOWNS. IS THAT GOING TO CONTINUE OR WHAT'S DRIVING THAT. 
WELL A LOT OF IT OF LATE IS MONEY FLOW INTO THE MARKETPLACE OR OUT 
OF THE MARKET PLACE DEPENDING HOW YOU LOOK AT IT. BOTTOM LINE IS IF 
YOU TAKE A COMMITMENT OF TRADERS CHARTS AND JUST LOOK AT 
MANAGED MONEY IN THEIR NET POSITION AND LOOK AT WHAT IMPACT IT'S 
HAD ON THE MARKET IF YOU GO BACK TO JUNE 23 WHEN WE WERE NEAR 
OUR LOWS IN CORN AND LOOK AT THEIR NET SHORT POSITION WHICH WAS 
RECORD AT THE TIME TIME AND FOLLOW THAT FORWARD TO TODAY WHAT 
YOU'LL NOTICE IS THEY SWUNG GREATLY INTO A LONG POSITION. AND AT 
THE SAME TIME, WE'VE SEEN A 90 CENT RUN IN CORN. IT DIDN'T HAPPEN BY 
ACCIDENT. MONEY FLOWS HAS BEEN COMING INTO THE MARKET, VERY 
VIOLENTLY, AND BIG MOVE ENSUED. THE REALITY OF THAT IS NOW WE'RE 
SITTING IN JULY WITH A LONG POSITION IN THE HANDS OF OUR 
SPECULATORS WHO REALLY DON'T KNOW HOW BIG THIS CROP IS. THEY'RE 
WATCHING CHARTS AND SEEING PATTERNS THAT ULTIMATELY SUGGEST 
THAT WE MIGHT BE GETTING TOP HEAVY. IF THEY GET SPOOKED BY NEWS 
REPORTS OF DECENT YIELDS OR GOOD FORECASTS, THOSE TYPES OF 
THINGS, THEY COULD EASILY ROLL BACK OVER FROM THEIR LONG POSITION 
THAT THEY'VE ESTABLISHED AND MOVE BACK TOWARDS A NEUTRAL OR 
MAYBE A SHORT PERMISSION AND CAUSED THE SAME TYPE OF VIOLENCE ON 
THE WAY DOWN THAT WE WATCHED ON THE WAY UP. SO IT'S PRACTICAL 
BUSINESS SENSE TO TAKE ADVANTAGE OF THE MARKET WE HAVE IN OUR 
LAP RIGHT NOW BECAUSE ALL IT TAKES IS A LITTLE BIT OF CHANGE OF 
MINDSET IN OUR SPECULATIVE COMMUNITY AND THIS MARKET GOES RIGHT 
BACK FROM WHERE IT CAME FROM OR AT LEAST PARTWAY OF WHERE IT 
CAME FROM AND IT TAKES SOME PROFIT OFF THE TABLE. SO THE LESSON TO 
BE LEARNED HERE IS, WHILE WE THINK THIS MAY BE A BIG FUNDAMENTAL 
PLAYS -AND WHILE THERE'S CERTAINLY SOME FUNDAMENTAL ROOTS -WE 
HAVE TO RESPECT THE FACT THAT THERE ARE OTHER FEATURES IN THIS 
MARKET THAT CAN HAVE A GREAT INFLUENCE ON PRICE. AND WE NEED TO 
WHEN PRICE RESPONDS IN THE MANNER IT HAS, TAKE ADVANTAGE OF THAT. 
PUT SOME OPTION STRATEGIES IN PLACE, GET SOME CASH SALES MADE, BE 
PROACTIVE HERE. DON'T THINK WE'RE HERE TO SAY. THIS IS A FUTURES 
MARKET, A GUESS OF THE FUTURE NOT A PROMISE OF WHAT'S GOING TO 
HAPPEN. ALRIGHT GOOD ADVICE. THANKS FOR BEING HERE MIKE. WE'LL BE 
BACK WITH MORE AGDAY AFTER THIS. 
CUT THROUGH THE UNCERTAINY IN THE MARKETS. GIVE MIKE A CALL AT 888-747-0843.

 

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AGRICULTURE'S NATIONAL FORECAST IS BROUGHT TO YOU BY KAWASAKI 
AND THE NEW MULE PRO-FX. KAWASAKI'S FASTEST, MOST POWERFUL MULE 
EVER.WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN KICKING 
US OFF HERE ON A MONDAY. I GUESS LOOKING AT THE WEEK AHEAD, WHAT 
CAN WE EXPECT AS FAR AS TEMPERATURES. THERE ARE SOME CHANGES. 
PART OF THAT IS, WE'RE GOING TO SEE A CONTINUATION OF COOL FRONTS 
COMING THROUGH THE NORTHERN STATES. YOU'LL GO WARM THEN CHILLY 
BACK TO WARM AGAIN. BUT WE'RE GOING TO SHOW YOU THAT MAP COMING 
UP. IN THE MEANTIME, HERE'S THE JET STREAM. AS YOU CAN SEE, IT'S KIND 
OF A ZONAL FLOW DIPPING SLIGHTLY AS IT MOVES THROUGH THE 
NORTHEASTERN PARTS OF THE COUNTRY AS WE START THE WEEK. THINGS 
WILL BE CHANGING THROUGH THE NORTHERN STATES. IT'S JSUT GOING TO 
STAY HOT, WHICH IS TYPICAL FOR THIS TIME OF YEAR IN THE SOUTHERN 
STATES. AS YOU PUT THE MAPS INTO MOTION YOU WILL NOTICE THAT 
TROUGH MOVES AWAY, PROBABLY WARMS UP AGAIN IN THE GREAT LAKES IN 
THE NORTHEAST. THEN OUR MODEL IS SHOWING A GOOD TROUGH DIGGING 
INTO THE NEXT WEEKEND AND INTO THE EARLIER PARTS OF THE NEXT WEEK. 
THE RIDGE IS BEING SHOVED BACK INTO THE WEST. SO, WE MAY GO BACK TO 
THE SAME PATTERN WE'VE BEEN IN BUT FOR THIS COMING WEEK, IT'S GOING 
TO BE A LITTLE BIT OF A CHANGE WITH THE AIR MASSES CHANGING A LITTLE 
BIT. INSTEAD OF THE COOLER THAN NORMAL THROUGH MOST OF THE 
PLAINS, FROM SOUTHERN KANSAS THROUGH TEXAS, ON THROUGH THE 
TENNESSEE VALLEY, THROUGH THE OHIO RIVER AND UP THROUGH THE GULF 
COAST ABOVE NORMAL UP AND DOWN THE EASTERN SEABOARD AS WELL. I'M 
GOING ABOVE NORMAL UP NORTH OF THE OHIO RIVER UP THROUGH THE 
GREAT LAKES, BUT IT'S GOING TO BE A LITTLE BIT COOLER AND A LITTLE BIT 
WARMER THAN NORMAL. KIND OF CHANGING AS THE WEEK GOES ON. IT'S 
BELOW NORMAL FOR THE FAR NORTHWESTERN PLAINS STATES AND MOST 
OF THE WESTERN STATES AS YOU CAN SEE EXCEPT RIGHT ALONG THE 
COASTLINE WHERE I'M EXPECTING NEAR NORMAL. AS FAR AS PRECEIPATION 
THIS COMING WEEK, THIS IS SOME GOOD NEWS, AREAS THAT DON'T NEED 
THE RAIN, LOTS OF YOU FOLKS ARE IN THE BELOW NORMAL AREA FROM 
TEXAS UP THROUGH THE MISSISSIPPI VALLEY, ACROSS THE OHIO VALLEY 
INTO THE MID ATLANTIC STATES. PARTS OF SOUTHERN NEW ENGLAND AND 
ABOVE NORMAL FOR SOME PARTS OF FLORIDA AND THE FAR SOUTHEAST. 
ALSO ABOVE NORMAL FOR THE NORTHERN STATES WHERE THINGS HAVE 
BEEN GOING PRETTY GOOD FOR YOU FOLKS OUT THERE. THIS MIGHT JUST 
KIND OF KEEP THAT CROP GOING WELL FOR THE NORTHERN PLAINS AND 
NORTHERN PORTIONS OF THE GREAT LAKES. ABOVE NORMAL FOR THE FOURCORNER 
REGION, EVEN PARTS OF SOUTHERN CALIFORNIA, EXPECTED TO BE 
ABOVE NORMAL. THAT DOESN'T MEAN YOU WILL GET A LOT. YOU NORMALLY 
WON'T THIS TIME OF YEAR. SOME OF THAT IS GOING TO BE THE IMPACTS OF 
HURRICANE DOLORIS. A LITTLE BIT OF THAT MOISTURE STARTS TO COME 
NORTHEASTERN. THAT'S BELOW NORMAL. LET'S CHECK OUT THE 30 DAY 
OUTLOOK. WE WILL GO BACK TO BELOW NORMAL FOR THE SOUTHERN GREAT 
LAKES AND CENTRAL GREAT PLAINS STATES. IT'S ABOVE NORMAL FOR 
SOUTHEAST TEXAS. ALSO ABOVE NORMAL FOR THE WESTERN STATES AND 
THE THIRTY DAY OUTLOOK FOR ILLINOIS, BACK INTO THE CENTRAL AND 
SOUTHERN ROCKIES. ABOVE NORMAL AMOUNTS IN PARTS OF THE 
SOUTHEAST. SOUTHEAST TEXAS AND MUCH OF LOUISIANA ARE ABOVE 
NORMAL. MUCH OF THE PACIFIC NORTHWEST IS EXPECTED TO BE BELOW 
NORMAL. THE EASTERN CORN BELT IN THE GREAT LAKES. IT'S SHOULD BE 
NEAR NORMAL OVER THE NEXT THIRTY DAYS FOR PRECIPITATION. THAT'S A 
LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL 
FORECASTS. WE'LL HEAD TO TUSCON, ARIZONA. WE HAVE A SHOWER 
POSSIBLE IN THE AFTERNOON. THE HIGH IS 96. FARGO, NORTH DAKOTA IT'S 
SUNNY AND PLEASANTLY WARM. THE HIGH IS UP TO 83. AND ANNISTON, 
ALABAMA IS SUNNY, HOT AND HUMID. THE HIGH IS NEAR 97. 
uP NEXT FIND OUT WHY FENWAY PARK'S 'GREEN MONSTER' WALL IS NOT THE 
ONLY GREEN ATTRACTION AT THE FAMED BOSTON BALLPARK. 
AND MEET A TENNESSEE FARMER WHO KNOWS HOW TO GET RECORD 
BUSHELS FROM HIS FIELDS. AND HE MIGHT EVEN TELL YOU HOW HE DOES IT. 

 

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FAST FOOD GIANT MCDONALDS CONTINUES TO STRUGGLE. 
A SURVEY OF FRANCHISEES LOOKING SIX MONTHS OUT FOUND MOST 
EXPECT POOR RESULTS. THE RESPONSE WAS THE MOST NEGATIVE IN THE SURVEY'S 12 YEAR 
HISTORY. OF THE GROUP SURVEYED, SAME STORE SALES FELL MONTH THAN 2 
PERCENT IN JUNE--WORSE THAN WALLSTREET EXPECTATIONS. 
IF YOU'RE HEADED TO A MAJOR LEAGUE BALLPARK THIS SUMMER YOU CAN 
FORGET ABOUT THE PEANUTS AND CRACKER-JACK AND LOOK FOR SOME 
CARROTS AND TOMATOES. SOME BASEBALL PARKS ARE NOW OFFERING A HEALTHIER OPTION AT THE 
FOOD STAND. APPARENTLY THAT'S WHAT SOME BASEBALL FANS WANT. 
AT FENWAY PARK IN BOSTON, VEGETABLES AND HERBS ARE GROWN ON THE 
ROOF-TOP AT THE CENTURY-OLD STADIUM. "Fenway Farms is a 5,000-square-foot 
rooftop garden on the third-base side of Fenway. It's actually on the top of the Red Sox 
front offices.For years we've been using all the local farmers ... and making sure that 
food doesn't travel too far to get to us. Well, it's ridiculous how close it is now because 
literally it's about 150 feet away from us. SAN FRANCISCO GIANTS AND THE COLORADO ROCKIES OFFER SIMILAR FARE. 
THERE'S NO CORN IN THIS FIELD OF DREAMS, BUT CROPS WILL INCLUDE 
GREEN BEANS AND BROCCOLI. IT SORTA GIVES A NEW MEANING TO THE 
TERM "HOME PLATE" AHEAD ON AGDAY -HEAR FROM A CORN GROWER WHO KNOWS HOW TO 
PRODUCE MASSIVE YIELDS...AND HE'S NOT AFRAID TO SHARE SOME OF THE 
SECRETS TO HIS SUCCESS. With John Deere mobile service, get help where and when you need it, not just at the 
dealership. See your John Deere dealer today to find out more. Nothing runs like a 
Deere.

 

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In the Country brought to you by Kubota's Kommander Series zero-turn mowers. 
Powerfully Engineered, Proven to Perform, Visit your local Kubota dealer to test drive 
on today. GETTING THE MOST OUT OF YOUR LAND IS CRITICAL FOR AGRICULTURE AND 
THE WORLD'S FOOD SUPPLY. AND IN THE YEARS TO COME, AS THE 
POPULATION GROWS, IT'LL BE EVEN MORE IMPORTANT FOR FARMERS TO 
INCREASE ROW CROP YIELDS THROUGH SCIENCE AND SMART FARMING. 
IN THIS REPORT FROM THE UNIVERSITY OF TENNESSEE, CHUCK DENNEY 
TAKES US TO A FARM WHERE PRODUCERS ARE ALREADY MAXIMIZING YIELD 
POTENTIAL. I think the American farmer can handle the challenge to feed the world. When you 
crunch the yield numbers at the Rhea farm in Fayette County, it's eye-popping. They 
produce some 5000 acres near the Mississippi border. Scott Rhea is planting 
soybeans this day, but name a crop, and he's really good at growing it. The Rhea farm 
typically averages 200 bushels per acre for their corn. 
But they've also won national yield contests, and recently produced corn that had a 
yield of nearly 340 bushels per acre. I know where the good ground is so I pushed the 
populations up on the better ground, and increased the fertility. The records are being 
broken year after year, so I think barring a weather disaster, we're on an uphill trend 
yield-wise. Farming can be a competitive venture, and you'd think secrets to staggering yields 
would be information a producer would keep to themselves. But that's not the case for the Rhea family. They're more 
than willing to share what they've learned. Fayette County UT Extension Director Jeff 
Via praises the Rhea operation for sharing the knowledge they've gained about 
increasing yields with other farmers and seed producers. 
They're doing this not only to benefit themselves, but also help these companies make 
better varieties. If we can get higher yields on less ground, that's going to just be 
beneficial to the entire world.  That's key here. The Rheas aren't just doing this for the sake of doing it. The day will 
come when we must produce higher yielding crops on the same amount of land. Every 
day the world adds the population of Williamson County, Tennessee -about 200 
thousand people. At that rate, we will have a world population of 9 billion people in 
2050. So the problem is we will have more people, less arable land and the other big 
factor in this is water. Dr. Fred Allen with UT Plant Sciences says yield contests are 
helpful, and demonstrate the potential of what farmers can do with their land. What 
happens with the yield contests is it is a reflection of the science that's going on behind 
the scenes up to that point. So it's a reflection of the genetics. For producers, doubling 
yields is science, not science fiction. And what we can do today, is what we must do in 
the future. This is Chuck Denney reporting. THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. 
FOR MIKE HOFFMAN, AND THE REST OF THE AGDAY TEAM. I'M CLINTON GRIFFITHS. HAVE A GREAT 
DAY. HIGH STRENGTH STEEL FOR HIGH STRENGTH DEPENDABILITY, THE CHEVY 
SILVERADO IS THE OFFICIAL NEWS GATHERING VEHICLE OF AGDAY 
TELEVISION.

 

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I'M CLINTON GRIFFITHS. TUESDAY ON AGDAY FARMERS IN ONE KEY CORN 
GROWING STATE ARE FACING WEATHER PROBLEMS LIKE NEVER BEFORE. 
WE'LL TAKE YOU TO OHIO TO SEE THE STRESSED FIELDS. AND FIND OUT WHY 
GLOBAL PROBLEMS COULD PUSH SOME INPUT PRICES LOWER. WATCH US 
WEEKDAYS FOR AGDAY. 

.

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