AgDay Daily Recap -June 2, 2015

June 2, 2015 02:57 AM
 

TODAY ON AGDAY
JUNE 2, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY AVIAN FLU RETURNS TO MINNESOTA...IT'S HAD A DRAMATIC IMPACT ON MY FAMILY. TURKEY GROWERS STRUGGLE TO RECOVER FROM THE OUTBREAK. IN AGRIBUSINESS...TIPS FOR MOVING GRAIN OUT OF STORAGE. WHAT HAS KEPT MANY PEOPLE FORM PRICING CORN IS THEY BEEN HOLDING ON THAT RALLY THAT EVERYBODY TALKED ABOUT THAT NEVER SHOWED UP SCIENTISTS CONTINUE THEIR QUEST TO UNDERSTAND THE INNER WORKINGS OF HURRICANES, AND STUDYING THE BEST WAY TO UTILIZE NATIVE GRASSLANDS IN TENNESSEE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO…
TURKEY FLU:
GOOD MORNING I'M CLINTON GRIFFITHS. AFTER A LENGTHY STRETCH OF DAYS WITHOUT A NEW CASE OF AVIAN FLU, MINNESOTA'S TURKEY INDUSTRY GETS HIT HARD AGAIN BY THE DEVASTATING DISEASE...AND THAT'S OUR TOP STORY ON AGDAY.
CROP PROGRESS:
LOOKING AT CROP CONDITIONS, USDA SAYS TEXAS WHEAT QUALITY TOOK A HIT FROM LAST WEEK'S TORRENTIAL RAINS. BUT IT MAY NOT BE AS SEVERE AS EXPECTED. 51-PERCENT IS RATED AS GOOD TO EXCELLENT, A FIVE POINT DROP FROM LAST WEEK. OKLAHOMA'S WINTER WHEAT REMAINS UNCHANGED AT 36-PERCENT GOOD TO EXCELLENT. IN KANSAS, 30-PERCENT IS GOOD TO EXCELLENT. UNCHANGED FROM LAST WEEK 40-PERCENT IS FAIR. SPRING WHEAT IS OFF TO A GOOD START. 71-PERCENT IS GOOD TO EXCELLENT, IN NORTH DAKOTA IT'S 79-PERCENT AND 62-PERCENT IN MONTANA.THE CORN CONDITION RATING REMAINS UNCHANGED OVERALL WITH 74-PERCENT CALLED TO EXCELLENT. 95-PERCENT OF THE CORN IS NOW PLANTED. AND 84-PERCENT HAS EMERGED. THREE QUARTES OF SOYBEANS ARE IN THE GROUND. IT'S A POINT AHEAD OF AVERAGE.
ABOUT HALF HAVE EMERGED.
BEARISH BETS:
DECENT GROWING WEATHER ALREADY IMPACTING PRICES HEDGE FUNDS ACCUMULATED THE MOST BEARISH BET EVER ON CROPS FROM CORN TO SOYBEANS FOLLOWING POSITIVE GROWING CONDITIONS FOR U.S. FARMS. COMBINED POSITIONS ACROSS 11 AGRICULTURAL PRODUCTS SAW A NET-BEARISH HOLDING OF MORE THAN 208-THOUSAND CONTRACTS. THAT'S AS OF MAY 26 ACCORING TO CFTC DATA.ITS THE LARGEST BEAR POSITION SINCE THE DATA BEGAN BEING COLLECTED IN 2006 AND MORE THAN DOUBLE THE PREVIOUS WEEK.
TEASE:
NEW CROP IS ONE THING BUT THERE'S STILL TONS OF GRAIN LEFT IN FARMER BINS. UP NEXT AT THE AGRIBUSINESS DESK MIKE NORTH SHARES HIS ADVICE FOR FOLKS STILL NEEDING TO HAUL GRAIN TO TOWN.
WX:
 WELCOME BACK TO AGDAY. METEOROLOGIST MIKE HOFFMAN JOINING US MIKE WE'VE HAD A WET COUPLE OF WEEKS. MORE OF THAT THIS WEEK OR WILL WE BEGIN TO DRY OUT WELL IT LOOKS LIKE PLACES THAT HAVE HAD RAIN THE PAST COUPLE OF DAYS WILL DRY OUT FOR AWHILE. IT'S GOING TO BE A SLOW MOVING SYSTEM. BUT ONCE AGAIN A SLOW MOVER MEANS WESTERN PLAINS WILL GET MORE RAIN. AND WE HAVE A WARM FRONT IN THE WESTERN PLAINS AT THE CURRENT TIME AND IT'S GOING TO CONTINUE TO MOVE EASTWARD VERY SLOWLY. IT'S GOING TO TAKE A WHILE TO GET THAT MOISTURE BACK UP INTO THE WESTERN PORTIONS OF THE PLAINS STATES BECAUSE OF THE COLD FRONT MOVING INTO THE NORTHER PORTIONS OF THE GULF OF MEXICO. IT KEEPS THAT GULF MOISTURE AT BAY. IT'LL TAKE A WHILE TO MOISTEN UP. THE WETTEST AREA WILL BE THE NORTHWEST AND THE NORTHEAST AS WE HEAD THRU THIS AFTERNOON. AGAIN THIS IS A VERY SLOW MOVING SYSTEM THAT DUMPED 3-4 INCHES OF RAIN ON CENTRAL INDIANA. THAT'S CONTINUING TO MOVE NORTHEAST AND IT'S DUMPED HEAVY RAIN THROUGHOUT THE PATH OVER THE PAST 4-5 DAYS FROM THE PLAINS TO THE NORTHEAST. FINALLY MOVING AWAY BY TOMORROW AM THOUGH. STILL A LINGERING STORM SYSTEM ALONG THE FRONTAL BOUNDARY IN THE SOUTHEAST WILL PRODUCE SOME SHOWERS AND TSTORM EVEN TOMORROW MORNING BUT EVEN MORE IN THE AFTERNOON. AND A VERY SLOW MOVING COLD FRONT COMING SOUTHWARD, IT'S GOING TO STALL OUT IT LOOKS LIKE AS WE HEAD TOWARDS THE END OF THE WEEK. A VERY SLOW MOVING SYSTEM EASTWARD, SO THIS BIG DOME OF PRESSURE SYSTEM SHOULD DRY THINGS UP IN MANY PLACES THAT HAVE TURNED VERY WET THE PAST 3-4 DAYS. YOU CAN SEE BY TOMORROW AFTERNOON THOUGH, THE SHOWERS AND THUNDERSTORMS MID ATLANTIC PARTS OF SOUTHEAST, AND ALSO FROM THE CENTRAL PLAINS BACK INTO THE NORTHWESTERN PORTIONS OF THE COUNTRY. PRECIPITATION ESTIMATES PAST 24 HOURS HEAVIEST AMOUNTS HAVE BEEN IN THE MID-ATLANTIC, AND A FEW SPOTS IN MONTANA THAT COULD USE SOME RAIN I THINK. MANY AREAS. AS YOU CAN SEE AS WE ADD ON THE NEXT 36 HOURS, WE'LL ADD SOME MORE ALONG THE EASTERN SEABOARD AND WE'LL ADD THAT SYSTEM MOVING TOWARDS THE SOUTHEAST IN THE CENTRAL PLAINS STATES. THERE ARE THE TEMPS THIS AFTERNOON. VERY COOL FOR THIS TIME OF YEAR  SOME 40'S TO NEAR 50 FOR HIGH TEMPS IN THE FAR NORTHEAST. OF COURSE THAT'S WITH RAIN COMING DOWN. 70'S RETURN TO MOST OF THE CORN BELT FINALLY AFTER THE RAIN CAME THROUGH. AND YOU CAN SEE LOWS TONIGHT WILL BE ON THE COOL SIDE, 40'S AND 50'S. OHIO VALLEY INTO THE NORTHEAST…SAME THING OVER MUCH OF THE NORTHERN AND CENTRAL ROCKIES…HIGHS TOMORROW AFTERNOON GONNA WARM UP PRETTY GOOD IN SOUTHERN PLAINS. AND START TO WARM UP INT HE MIDDLE PART OF THE COUNTRY, MIDDLE MISSISSIPPI VALLEY. THERE'S THE JET STREAM YOU CAN SEE A CUT OFF LOW THERE IN THE SOUTHEAST WILL KEEP THE MOISTURE IN THE SE FOR AWHILE,. A RIDGE BUILDS UP, KEEPING THAT NEXT SYSTEM SLOWLY MOVING IN, THEN IT DIVES EASTWARD AS WE HEAD INTO THE WEEKEND AND EARLY PORTIONS OF NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY NOW LET'S LOOK AT SOME LOCAL FORECAST. REDDING CALIFORNIA TODAY MOSTLY SUNNY AND WARM HIGH TEMP UP TO 86 DEGREES. CARRINGTON NORTH DAKOTA VARIABLY CLOUDY, HEAVY T'STORM POSSIBLE HIGH OF 71, AND ANNISTON ALABAMA, A MIX OF SUN AND CLOUDS SHOWER OR T'STORM, HIGH OF 81…
HURRICANE PREP:
WE ARE NOW OFFICIALLY IN HURRICANE SEASON. SOME OF THE TOP FORECASTERS EXPECT FEWER TROPICAL STORMS IN THE ATLANTIC OCEAN.RESEARCHERS TRYING TO FIGURE OUT WHAT MAKES SOME HURRICANES STRENGTHEN INTO CATASTROPHIC MONSTERS HAVE A NEW LAB THAT ALLOWS THEM TO SIMULATE A TROPICAL STORM WITH THE FLIP OF A SWITCH.
TONY WINTON HAS DETAILS.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

 

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