AgDay Daily Recap -June 25, 2015

June 25, 2015 02:57 AM
 

TODAY ON AGDAY
JUNE 25, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY A MAJOR AG MERGER HAS SOME FARMERS ON EDGE...BOTH MONSANTO AND SYNGENTA TRY TO SET THE RECORD STRAIGHT ON A POSSIBLE BUY OUT. FAST TRACK TRADE CLEARED ITS FINAL HURDLE. NOW IT'S ALL UP TO THE PRESIDENT TO MAKE THE DEAL FINAL. IN AGRIBUSINESS, WE LOOK FOR A GLIMMER OF HOPE IN THE GRAINS…BOB UTTERBACK TELLS US WHEN THE MARKET BULLS COULD TAKE THE REIGNS, AND IF YOU HAVE TROUBLE GETTING YOUR KIDS TO READ, MAYBE YOU'RE JUST TAKING THE WRONG PATH. WE SEE HOW THEY'RE USING HORSES TO ROUND UP EXCITEMENT IN MICHIGAN. AGDAY BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
SYGENTA MONSANTO:
GOOD MORNING I'M TYNE MORGAN. CLINTON GRIFFITHS IS ON ASSIGNMENT. A MAJOR AG MERGER IS TAKING THE INDUSTRY BY STORM, WITH BOTH BUSINESS AND FARMERS WORRIED THAT THE BIG COMPANIES WILL JUST GET BIGGER...AND THAT'S OUR TOP STORY ON AGDAY.
RICE TRADE:
THIS IS GOOD NEWS FOR PENDING TRADE DEALS LIKE THE TRANS PACIFIC PARTNERSHIP. THAT'S THE DEAL INVOLVING 11 PACIFIC RIM COUNTRIES, INCLUDING THE BIG ONE-- JAPAN. FOREIGN LEADERS HAVE MADE IT VERY CLEAR THAT WITHOUT T-P-A, THEY'RE NOT INTERESTED IN FINALIZING A DEAL WITHOUT T-P-A. BUT TRADE DETAILS ARE STILL BEING HASHED OUT, INCLUDING A MAJOR STICKING POINT, RICE. WHILE THE U-S WANTS TO EXPORT MORE RICE TO JAPAN THAT COUNTRY HASN'T BEEN OPEN TO MORE THAT COMMODITY FROM OUTSIDE COUNTRIES.
EGG PRODUCTION:
AVIAN FLU HAS ALREADY CLAIMED THE LIVES OF 48 MILLION BIRDS, 85 PERCENT OF THOSE CASES COMING OUT OF IOWA AND MINNESOTA. A MONTHLY USDA REPORT ON EGG PRODUCTION NOW SHOWS HOW DEEP THE EGG SUPPLY HAS BEEN CUT. USDA SAYS THAT NATIONAL TABLE EGG PRODUCTION IN MAY FELL SIX AND A HALF PERCENT FROM LAST YEAR. IOWA - WHICH LEADS THE NATION IN EGG PRODUCTION - SAW A 28-PERCENT PLUNGE FROM A YEAR AGO AND A 21-PERCENT DROP FROM THE PREVIOUS MONTH AS AVIAN FLU SWEPT THROUGH THE STATE.THIS WAS THE LOWEST PRODUCTION NUMBER IN TEN YEARS IN IOWA.
CME REPORT:
IN AGRIBUSINESS, GRAINS POSTED GAINS IN CHICAGO ON WEDNESDAY. WE GET THE DETAILS FROM THE C-M-E FLOOR.
ANALYSIS INTRO:
ON WEDNESDAY'S SHOW, WE SHOWED YOU ALLENDALE'S 2015 ACREAGE ESTIMATES, WHICH SHOW VERY LARGE NUMBERS. BUT WITH CROPS AND UNPLANTED GROUND UNDER WATER, FARMERS HOPE THE MARKET BULLS WILL START TO TAKE NOTICE. BUT WILL THAT HAPPEN? CLINTON GRIFFITHS JOINS US NOW AT THE AGRIBUSINESS DESK.
FISH OIL:
CHANCES ARE YOU'VE HEARD THE VIRTUES OF ADDING OMEGA 3 FISH OIL TO YOUR DIET. DOCTORS SAY THOSE FATTY ACIDS HELP PREVENT HEART DISEASE AND STROKE. BUT TO HARVEST THOSE OILS, YOU NEED FISH. NOW, RESEARCHERS IN AUSTRALIA HAVE UNCOVERED A WAY TO PRODUCE A COMMERCIAL FISH OIL SUPPLEMENT 'WITHOUT' FISH. WITH GROWING CONCERNS ABOUT THE SUSTAINABILITY OF FISH STOCKS AND HIGH LEVELS OF POLLUTANTS IN SOME OMEGA 3 SUPPLEMENTS, SCIENTISTS ARE TURNING THEIR ATTENTION TO MICRO-ALGAE.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

 

 

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