AgDay Daily Recap -June 11, 2015

June 11, 2015 02:57 AM
 

TODAY ON AGDAY
JUNE 11, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - ANOTHER UNDERCOVER VIDEO SURFACES BUT THIS COLORADO DAIRY IS TAKING A PROACTIVE APPROACH TO THE FOOTAGE. USDA ROLLS OUT ITS LATEST SUPPLY DEMAND REPORT. IN AGRIBUSINESS...QUESTIONING THE SOYBEAN STOCKS NUMBER…I'VE TALKED TO FARMERS AROUND THE COUNTRY AND I JUST DON'T HEAR THE SOYBEANS BEING OUT THERE. WHAT DOES WASHINGTON'S NEW ANITIBIOTICS RULES MEAN FOR PORK PRODUCTION, AND TECHIE MEETS FOODIE IN THE GOLD STATE'S SILICON VALLEY AGDAY BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
MFA VIDEO:
GOOD MORNING I'M CLINTON GRIFFITHS. A COLORADO DAIRY AND ITS CO-OP ARE TAKING PRO-ACTIVE STEPS TO STEM ALLEGATIONS OF ANIMAL ABUSE ON THE FARM...AND THAT'S OUR TOP STORY ON AGDAY.
OWNERS QUOTE:
JIM AND MARIE GOEDERT {GAY-DURT} OWN THE DAIRY. IN A STATEMENT THE GOEDERTS SAY "WE ARE REVIEWING OUR EXISTING MONITORING AND EMPLOYEE TRAINING PROTOCOLS TO DETERMINE WHERE CHANGES NEED TO BE MADE TO PREVENT FUTURE INCIDENTS FROM OCCURRING."
MFA VIDEO:
D-F-A IDENTIFIES THE UNDERCOVER WORKER AS JESSICA BUCK. SHE WAS HIRED AS A MILKER AT CACTUS-ACRES DAIRY. AN INTERNET SEARCH FOUND JESSICA BUCK WAS ALSO BEHIND UNDERCOVER FOOTAGE SHOT AT A SWINE OPERATION IN MINNESOTA IN THE FALL OF 2013.  THAT FARM WAS OWNED BY PIPESTONE SYSTEMS. THAT UNDERCOVER VIDEO WAS ALSO RELEASED BY MERCY FOR ANIMALS.
HSUS COSTCO:
MEANWHILE ANOTHER ACTIVIST GROUP HAS RELEASED UNDERCOVER FOOTAGE IT SAYS SHOWS THE MISTREATMENT OF BIRDS AND UNSANITARY CONDITIONS AT A PENNSYLVANIA EGG SUPPLIER. THIS VIDEO COMES FROM THE HUMANE SOCIETY OF THE UNITED STATES. H-S-U-S SAYS THE VIDEO WAS SHOT AT HILLANDALE FARMS IN GETTYSBURG, PENNSYLVANIA.
ANTIBOTICS IN LIVESTOCK:
THE FOOD AND DRUG ADMINISTRATION ANNOUNCED A FINAL RULE LAST WEEK, THAT WILL CHANGE THE WAY LIVESTOCK PRODUCERS USE ANTIBIOTICS AT THE END OF 2016.  'THE VETERINARY FEED DIRECTIVE FINAL RULE' IS PART OF THE FDA'S STRATEGY TO PROMOTE THE JUDICIOUS USE OF ANTIBIOTICS.  NATONAL REPORTER BETSY JIBBEN SPOKE WITH VETERNIARNS AND SWINE INDUSTRY LEADERS ABOUT WHAT THE CHANGES MEAN FOR PRODUCERS.
SENATE WOTUS:
ALSO OUT OF WASHINGTON, THE SENATE ENVIRONMENT AND PUBLIC WORKS COMMITTEE PASSES A BILL TARGETING THE E-P-A'S WATERS OF THE U.S. RULE. THE PARTY-LINE VOTE MOVES S 11-40 FORWARD.  IT'S SIMILAR TO A HOUSE BILL THAT REQUIRES THE ADMINISTRATION WRITE A NEW RULE IN CONJUNCTION WITH STATE AND LOCAL GOVERNMENTS. GIVEN THE STRONG OPPOSITION, EVEN IF PASSED WASHINGTON WATCHERS SAY IT’S UNLIKELY THE LEGISLATION WOULD SURVIVE A PRESIDENTIAL VETO.
S&D REPORT:
THANKS BETSY.ALSO OUT WASHINGTON, THE LASTEST SUPPLY DEMAND REPORT FROM USDA SENT GRAIN PRICES TUMBLING ON WEDNESDAY. USDA PUTS SOYBEAN PRODUCTION THREE-POINT-EIGHT BILLION BUSHELS WITH AN AVERAGE YIELD OF 46 BUSHELS AN ACRE.  CORN PRODUCTION IS PEGGED AT 13-POINT-SIX BILLION WITH AN AVERAGE YIELD JUST UNDER 167 BUSHELS. (166.8) OLD AND NEW CROP CORN STOCKS ARE HIGHER. SOYBEAN STOCKS - ARE LOWER IN USDA'S FORECAST.
WINTER WHEAT PRODUCTION:
 WINTER WHEAT PRODUCTION IS FORECAST AT ONE-AND-A-HALF BILLION BUSHELS, UP 2 PERCENT FROM THE MAY FORECAST. THE AG DEPARTMENT IS POSTING AN AVERAGE YIELD OF 44-AND-A-HALF BUSHELS, UP A BUSHEL. HARD RED WINTER WHEAT PRODUCTION IS UP FOUR PERCENT, DESPITE OR BECAUSE OF RECENT RAIN IN THE CENTRAL AND SOUTHERN PLAINS.
TEASE:
WE'VE HEARD THE NUMBERS, UP NEXT WE'LL TALK WITH AN ANALYST THAT SAYS THE SOYBEAN STOCKS NUMBER MAY NOT BE WHAT WE THINK. HE JOINS ME IN A COUPLE MINUTES AT THE AGRIBUSINESS DESK.
BTR WASDE BEEF:
WEDNESDAY'S SUPPLY DEMAND REPORT ALSO INCLUDED LIVESTOCK. ON THE BEEF SIDE, USDA LOWERED IT'S EXPECTATIONS FOR BEEF PRODUCTION IN 2015.
BTR PRICES:
MEANWHILE, FEEDER MARGINS FELL AGAIN LAST WEEK, WITH AVERAGE LOSSES NOW ABOVE 160 DOLLARS ON EVERY ANIMALS. MUCH OF THAT DUE TO THE SHARP DROP IN THE FIVE AREA CASH PRICE OF 154 PER HUNDRED…THAT'S OFF MORE THAN 4 DOLLARS FROM THE PREVIOUS WEEK. COW CALF PROFITS ALSO DROPPING A BIT NOW AVERAGING ROUGHLY 540 DOLLARS PER COW…
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

 

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