AgDay Daily Recap -June 27, 2016

June 27, 2016 02:57 AM
 

TODAY ON AGDAY
JUNE 27, 2016


OPENING HEADLINES:
TODAY ON AGDAY -AS THE SUPREME COURT SCRAPS THE PRESIDENT'S IMMIGRATION PLAN....WHERE DOES THAT LEAVE FARMERS STRUGGLING TO FIND WORKERS....NEW CATTLE ON FEED NUMBERS. IN AGRIBUSINESS…WE'RE HEADING INTO THE SECOND HALF OF THE YEAR....NO MATTER WHAT THE USDA THROWS AT US ON THURSDAY THE WEATHER COULD STILL FINALLY TRUMP THINGS. MACHINERY PETE ON EQUIPMENT TRENDS IN THE COTTON BELT. AND SERVINGUP MELON JUST IN TIME FOR THE SUMMER HOLIDAYS…
IMMIGRATION:
GOOD MORNING I'M CLINTON GRIFFITHS. THE SUPREME COURT'S SPLIT DECISION ON IMMIGRATION LAST WEEK IS ONLY RATCHETING UP COMMENTARY THIS ELECTION CYCLE. IT IS ALSO CREATING UNEASE FOR THOSE OPERATIONS THAT RELY ON IMMIGRANT LABOR. NATIONAL REPORTER BETSY JIBBEN SAYS REACTIONS FROM FARM COUNTRY ARE MIXED AT BEST. WE'VE ALL HEARD THE VIEWS ABOUT IMMIGRATION FROM POLITICIANS.
FARM COUNTRY REACTS TO SUPREME COURT DECISION ON IMMIGRATION:
 BUT THE TOPIC MAY BE MORE FAR REACHING THAN WASHINGTON REHTORIC.. "THE CHALLENGE IS FINDING PEOPLE, MAINTAINING PEOPLE," "IN 2012, WE HIRED 1,630 DOMESTIC WORKERS AND THREE STAYED MORE THAN THREE DAYS,"WITHOUT LOCAL WORKERS MANY FARMS RELY ON THE H2A VISA PROGRAM. BUT THAT'S JUST FOR SEASONAL WORK.. NOT IDEAL FOR DAIRIES. WE'RE GOING TO CONTINUE TO TRY TO EMPLOYEE AS MANY FOLKS FROM THE LOCAL COMMUNITY AS WE CAN BUT THERE'S JUST NOT ENOUGH IN THAT LABOR POOL TO SUPPLY ALL OF THE FARMS IN OUR AREA. A GUEST WORKER PROGRAM SUIT FOR DAIRY WOULD BE THE BEST FIX WE CAN HAVE TO TRY TO FIND SOME EMPLOYEES WHO WILL DO THE WORK ON THE FARMS. A YEAR ROUND SOLITION-WHICH IS ALSO A NEED FOR BILL BRIM AND LEWIS TAYLOR FARMS IN SOTUHERN GEORGIA.. THEY USE HUNDREDS OF WORKERS AND RED TAPE IS SLOWING DOWN THE PROCESS.
 CALL FOR IMMIGRATION REFORM:
WHILE SOME ARE PUSHING FOR A MORE EFFECTIVE GUEST-WORKER PROGRAM. OTHERS ARE WANTING MORE COMPREHENSIVE IMMIGRATION REFORM. SO, WE NEED IMMIGRATION REFORM IN WASHINGTON. IT NEEDS TO COME FROM THEM. IT NEEDS TO BE A GUEST-WORKER PROGRAM WOULD WORK. WE HAVE NO ACCESS TO A H2A DAIRY IN NEW YORK. 38 (TAKE OUT INBETWEEN) WE HAVE NO OPTIONS TO BRING A FOREIGN PERSON IN UNLESS THEY HAVE THE DOCUMENTS THAT COME THROUGH OUR FEDERAL SYSTEM. WHILE FARMS TRY TO HIRE LOCALLY, EXPERIENCE SAYS USUALLY LOCAL WORK DOESN'T STAY ON THESE TYPE OF JOBS. " BUT WE NEED TO HAVE A LEGAL WAY, ESPECIALLY FOR OUR HISPANICS TO COME IN AND WORK FOR US, TO MAKE THE FUNDS THEY NEED TO SEND HOME TO THEIR FAMILIES IN MEXICO.">
DAIRY WORK DEPENDS ON EMPLOYING IMMIGRANTS:
THE NATIONAL MILK PRODUCERS FEDERATION SAYS ONE-THIRD OF U.S. DAIRY FARMS EMPLOY FOREIGN-BORN WORKERS-THOSE FARMS PRODUCE NEARLY 80 PERCENT OF THE NATION'S MILK. A COUNTRY AND INDUSTRY DIVIDED ... FOR SOME, LIMITING IMMGRATION IS ABOUT SAFETY…"HE ISN'T POLITICALLY CORRECT ABOUT IT BUT HE WANTS TO CONTROL THE INVASION OF PEOPLE AND DRUGS INTO THE U.S.BUT NO MATTER THE VIEW, WHAT SEEMS SURE, IMMIGRATION AND LABOR WILL CONTINUE TO BE A TOPIC NO MATTER THE NEXT ADMINISTRATION. REPORTING FOR AGDAY, I'M BETSY JIBBEN.
AG LOBBIES TO BRING IMMIGRATION REFORM DEBATE BACK:
THANKS BETSY. ONE OF THE NATION'S LARGEST PRODUCE LOBBIES, WESTERN GROWERS SAYS CONGRESS SHOULD START UP THE IMMIGRATION REFORM DEBATE AGAIN DESPITE THE COURT'S RULING. IT'S PRESIDENT, TOM NASSIF SAYING IN A STATEMENT: " "CONGRESS SHOULD BRING FORTH A COMPREHENSIVE IMMIGRATION REFORM PLAN THAT CONSIDERS AGRICULTURE'S UNIQUE NEEDS." THE GROUP REPRESENTS MOSTLY PRODUCE FARMERS IN ARIZONA, CALIFORNIA AND COLORADO.
USDA RELEASES LIVESTOCK REPORTS:
USDA RELEASE A COUPLE OF KEY LIVESTOCK REPORTS ON FRIDAY. --INCLUDING THE LATEST CATTLE ON FEED NUMBERS. THAT REPORT SHOWS CATTLE ON FEED UP 2 PERCENT FROM A YEAR AGO. 10POINT-EIGHT MILLION HEAD IN THE FEEDLOT. PLACEMENTS ARE TEN PERCENT HIGHER. MARKETINGS SHOWING A FIVE PERCENT GAIN. THE HOGS AND PIGS REPORT ALSO SHOWING A TWO PERCENT JUMP FROM A YEAR AGO, COMING IN AT 68-AND-A-HALF MILLION HEAD. THE AG DEPARTMENT SAYS THIS IS THE HIGHEST JUNE INVENTORY SINCE 1964. THE BREEDING INVENTORY IS UP ONE PERCENT. MARKET HOG INVENTORY SHOWING A GAIN OF TWO PERCENT. THE EXPORTS TO CHINA ARE SO STRONG RIGHT NOW. AND THAT'S WHAT'S LEADING THIS MARKET PLACE RALLY. IT'S CHINESE DEMAND. SO IF THAT WAIVERS AND FALTERS, THEN WE HAVE AN ISSUE. UNTIL THEN, I THINK WE SEE THE HOG MARKET CONTINUE TO TRADE FIRM. I DON'T THINK WE SEE ANY REASON TO GO HIGHER THAN WHERE WE WERE LAST WEEK. I DON'T THINK IT FALLS APART. BUT IF THAT CHINESE DEMAND GOES AWAY, YOU BETTER HAVE PLAN B READY TO GO, AND IMPLEMENTED, OR YOU'RE IN TROUBLE. WE'LL HAVE MORE FROM NAOMI COMING UP IN ANALYSIS.
BREXIT:
THERE'S STILL A LOT OF UNCERTAINTY ABOUT THE FALLOUT OF THE BREXIT VOTE. A MAJORITY OF VOTERS IN THE UNITED KINGDOM VOTING TO BREAK-OFF FROM THE EUROPEAN UNION. IT'S NOT A QUICK PROCESS TO LEAVE THE E-U. THE BRITISH PARLIAMENT MUST STILL APPROVE THE SPLIT. PLUS, BRITISH AND E-U LEADERS MUST NEGOTIATE THE DETAILS OF THE DEPARTURE WHICH COULD TAKE MONTHS. BRITAIN HAS TWO YEARS TO REACH A NEW TREATY TO REPLACE ITS E-U MEMBERSHIP.
BREXIT COMPLICATES TRADE:
SOME OF THAT PROSPERITY IS DIRECTLY LINKED TO TRADE. AS WE'VE REPORTED, NEGOTIATING A TRADE DEAL BETWEEN THE UNITED STATES AND THE EUROPEAN UNION HAS BEEN SLOW. THE BREXIT VOTE NOW ADDS ADDITIONAL UNCERTAINTY ON THE FUTURE OF THE TRANSATLANTIC TRADE AND INVESTMENT PARTNERSHIP, ALSO KNOWN AS T-TIP. THE U-S TRADE REPRESENTATIVE SAYS DESPITE THE VOTE, THE RATIONALE FOR T-TIP REMAINS STRONG. TRADE AMBASSADOR MICHAEL FROMAN SAYS -QUOTING NOW -"WE ARE EVALUATING THE IMPACT OF THE UNITED KINGDOM'S DECISION ON T-TIP AND LOOK FORWARD TO CONTINUING OUR ENGAGEMENT WITH THE EUROPEAN UNION AND OUR RELATIONS WITH THE UNITED KINGDOM." ACCORDING TO USDA'S FOREIGN AG SERVICE GLOBAL U-S AG EXPORTS HAVE INCREASED 176-PERCENT SINCE YEAR TWO-THOUSAND. BUT AG EXPORTS SPECIFICALLY TO THE E-U HAVE INCREASED ONLY 54-PERCENT. F-A-S SAYS ONE REASON IS TRADE BARRIERS THAT WOULD BE ADDRESSED BY T-TIP. 
CROP COMMENTS:
WE'RE HEADING TO SOME AREAS NEEDING A SIP OF WATER. CINDI CLAWSON IS IN FOR MIKE HOFFMAN THIS MORNING. SHE HAS AN UPDATE IN THIS MORNING'S CROP COMMENTS. GOOD MORNING, CLINTON. LET'S START OFF IN MONROE COUNTY, NEW YORK. A VIEWER POSTING ON AGWEB, THE THE CROPS ARE NEEDING A DRINK OF WATER. THAT INCLUDES THE PEAS WHICH ARE IN BLOOM! THERE'S A CHANCE FOR SOME SHOWERS THIS MORNING, BUT THEN IT'S BACK TO HOT, SUNNY DAYS FOR THE MAJORITY OF THE WEEK. OVER IN NORTHEAST MISSOURI, ANOTHER FARMER POSTED ON AGWEB, THE AREA HAS GONE TWO AND A HALF WEEKS WITH LITTLE PRECIPITATION. THIS VIEWER SAYS TEMPERATURES ARE LINGERING IN THE UPPER 80S AND LOWER 90S. USDA IS RELEASING A NEW CROP PROGRESS REPORT LATER THIS AFTERNOON. AND NOW HERE ARE SOME HOMETOWN TEMPS.
TEASE:
WHEN WE COME BACK, WE'LL TAKE A LOOK AT MARKET ACTION LAST WEEK AND WHAT TRENDS WE MAY SEE AS WE RACE TOWARD JULY. PLUS, MACHINERY PETE TALKS EQUIPMENT TRENDS IN THE SOUTHEAST. AND JUST IN TIME FOR THE SUMMER HOLIDAY SEASON IT'S FRESHLY HARVESTED WATERMELON.
FROM THE FLOOR OF THE CME:
IN AGRIBUSINESS, FOLLOWING THE BREXIT VOTE IN THE U-K LETS SEE HOW U.S. COMMODITIES FAIRED IN FRIDAY'S TRADE. LET'S TALK ABOUT SOYBEANS THE FIRST. RIGHT NOW WE'RE LOOKING AT INCREASED PLANTED ACREAGE FROM LAST MONTH'S ESTIMATE OUTLOOK ON IT AND WHAT WE'RE SEEING NOW IS THE WEATHER PREMIUM HAS BEEN PRICED IN WE'RE SEEING IT PULLING BACK OUT. ALSO WHAT HAPPENED LAST NIGHT WITH THE BRITISH EXIT BRIE EXIT EVERYBODY'S TALK ABOUT WE SAW THE BEANS DEFINITELY TAKEN A BIG HIT TODAY AND IT LOOKS LIKE IT'S GOING TO CONTINUE A DOWNWARD SLOPE WE HAVE FAVORABLE WEATHER CONDITIONS FOR THE NEXT SIX TO TEN DAYS THAT SHOULD ALSO HELP ALONG THAT MAKE IT A LOT MORE BEARISH TO LOOK AT. WE LOOK AT CORN "AND WERE LOOKING FOR SOME MORE EXPORTS. IS THE STRENGTH OF THE U S DOLLAR CONTINUING ITS RISE UP ESPECIALLY AFTER LAST NIGHT'S BRITISH EXIT AND WE'RE LOOKING FOR THAT TO HOLD IN THAT NINETY FIVE NINETY SIX RANGE AND IT'S GONNA BE IN SOME OF THE EXPORT. THIS IS GARY KOZLOWSKI WITH FAR FINANCIAL COMING TO YOU FROM THE THE CME.
AGRIBUSINESS:
JOINING ME HERE AT THE AGIRBUSINESS DESK I HAVE NAOMI BLOHM OF STEWART PETERSON NAOMI LET'S TALK ABOUT THE MARKET THAT WE SAW LAST WEEK KIND OF AN INTERESTING MARKET LOTS OF THINGS FACTORING INTO WHAT STOOD OUT TO YOU? THE FUND EXITING WAS THE BIGGEST THING THAT STOOD OUT PRIMARILY THEY WERE TAKING PROFITS AHEAD OF THE END SECOND QUARTER I MEAN WHO WOULDN'T AHEAD OF THE UNCERTAINTY OF BREXIT AND THEY HAD SOME PHENOMENAL PROFITS THAT THEY HAD MADE FROM THE ENTIRE MOVE HIGHER ON THE MARKETPLACE SO FUND EXITING WAS THE BIGGEST THING AND THEN OF COURSE NOW THIS NEXT WEEK WE'RE GOING TO BE BATTLING THE U S DOLLAR AND HOW THAT AFFECTS THINGS .
NATIONAL WEATHER:
WELCOME BACK TO AGDAY ON THIS MONDAY MORNING CINDI CLAWSON IN FOR MIKE HOFFMAN. CINDIA AS WE LOOK AT THE DROUGHT MONITOR FROM LAST WEEK WE SEE A FEW PLACES STARTING TO INTENSIFY SOME OF THE DRYNESS YEAH AND YOU KNOW WE'VE BEEN WATCHING SOME OF THESE PLACES OVER THE PAST COUPLE OF WEEKS HERE'S WHAT WE'RE TALKING ABOUT ONE AREA IN PARTICULAR THAT WE'VE BEEN WATCHING IS IN THE SOUTHEASTERN UNITED STATES WHERE WE ARE NOW SEEN IN SEVERAL AREAS IN SEVERE DROUGHT SO SOMETHING WE'RE GOING TO CONTINUE TO WATCH OVER THE NEXT SEVERAL WEEKS WE HAVE HAD SOME DRYNESS IS EXPANDING IN PARTS OF THE CORN BELT BUT WE HAVE ALSO HAD A DECENT AMOUNT OF RAIN OVER THE PAST WEEK OR SO SO I THINK THAT WILL SEE SOME DIFFERENT CONDITIONS ON THE NEXT U S DROUGHT MONITOR DRYNESS EXPANDING IN THE EAST IN THE WEST AS WELL IN FACT TAKE A LOOK AT WHAT IT LOOKED LIKE FOUR WEEKS AGO WE WERE STILL LOOKING AT SOME DROUGHT IN THE SOUTHEAST BUT IT HAS REALLY EXPANDED A LOT OF THIS HAS FILLED IN AS WELL THE OTHER AREA THAT REALLY HAS FILLED IN IS IN THE NORTHWEST AS WELL AS WE'VE SEEN THAT DROUGHT EXPAND UP TO THE NORTH INTO PARTS OF OREGON AND EVEN INTO PARTS OF SOME OF THE NORTHERN PLAINS SO OBVIOUSLY A LOT OF AREAS ARE STARTING TO GET A LITTLE DRY.
REGIONAL WEATHER:
THAT'S A LOOK AT YOUR NATIONAL FORECAST NOW LET'S CHECK OUT SOME LOCAL CITIES. YAKIMA WASHINGTON MOSTLY SUNNY AND HOT FOR YOU TODAY WITH A HIGH TEMPERATURE OF NINETY TWO DEGREES OXFORD KANSAS A CHANCE FOR SHOWERS AND THUNDERSTORMS WITH HIGH OF NINETY THREE EIGHTY EIGHT DANVILLE VIRGINIA TODAY WITH A CHANCE FOR SHOWERS AND THUNDERSTORMS.
TEASE:
 STILL TO COME A LOOK AT EQUIPMENT TRENDS IN COTTON COUNTRY WITH MACHINERY PETE. AND JUST IN TIME FOR THE FOURTH OF JULY -A BIG SUPPLY OF WATERMELON.WE'LL TALK WITH A GROWER ABOUT THIS YEARS PICKINS...
MACHINERY PETE:
 I WAS ON THE ROAD LAST WEEK WITH MACHINERY PETE IN MOULTRIE GEORGIA. AND RATHER THAN TALK ABOUT ONE GROUP OF EQUIPMENT, I ASKED HIM ABOUT REGIONAL TRENDS IN THE SOUTHEAST. GREG. HERE IN SOUTHERN GEORGIA OBVIOUSLY COTTON EQUIPMENT IS A BIG PART OF WHAT EVERYBODY DOES. YEAH ABSOLUTELY AND IT'S FUN TO COVER AUCTIONS DOWN HERE. AND I'M A MINNESOTA BOY SO WE DON'T SEE A LOT OF COTTON EQUIPMENT BACK HOME. BUT THEY'RE FUN TO TRACK OVER THE YEARS AND WHAT'S WITH THE CHANGES COME INTO THE EQUIPMENT SIDE OF THE COTTON BUSINESS THE USED PICKERS SEE HOW THAT FIVE YEAR OLDS, TEN YEAR OLDS TO SEE WHAT THEY'RE BRINGING IS FASCINATING. AS WE LOOK AT COMMODITIES ACROSS THE BOARD YOU KNOW WE'VE TALKED ABOUT CORN AND SOYBEANS AND SOME OF OUR OTHER ROW CROPS, COTTON HAS ALSO BEEN IN A DOWN MARKET AND HOW IS THAT IMPACTING THE JUST THE MARKET FOR THIS EQUIPMENT?
TEASE:
WHEN WE COME BACK.....CELEBRATING THE SEASON OF WATERMELON!
IN THE COUNTRY:
WE'RE JUST A WEEK AWAY FROM THE FOURTH OF JULY. CHANCES ARE YOUR COOK-OUT WILL INCLUDE A COLD, SWEET WATERMELON. USDA SAYS ABOUT 125-THOUSAND ACRES OF WATERMELONS ARE GROWN IN THE U-S. MOST OF THOSE ACRES IN TEXAS, FLORIDA, GEORGIA AND CALIFORNIA. THOSE FOUR STATES ACCOUNT FOR 44-PERCENT OF WATERMELON PRODUCTION. LOWER ON THAT LIST IS LOUISIANA. BUT IT'S STILL A WELCOME CROP DOWN THERE. LSU AGCENTER'S CRAIG GAUTREAUX HAS OUR STORY. FOR YEARS, WASHINGTON PARISH HAS BEEN KNOWN FOR PRODUCING HIGHQUALITY WATERMELONS. AND LOTS OF THEM. BUT WHAT IS THEIR SECRET?
CLOSING:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR BETSY JIBBEN AND CINDI CLAWSON, I'M CLINTON GRIFFITHS. HAVE A GREAT DAY.
PROMO:
I'M CLINTON GRIFFITHS. TUESDAY ON AGDAY -WE'RE TALKING DAIRY MARKETS WITH MIKE NORTH. FIND OUT WHY HE THINKS PRODUCERS SHOULDN'T GET TOO EXCITED ABOUT THE SECOND HALF OF THE YEAR. AND A LABOR PROBLEM FOR FARMERS IN THE NORTHEAST. WATCH US WEEKDAYS HERE ON AGDAY.

 

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