AgDay Daily Recap -June 30, 2015

June 30, 2015 02:57 AM
 

TODAY ON AGDAY
JUNE 30, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - CROP CONDITIONS REMAIN A CHALLENGE. WE'VE GOT THE LATEST NATIONWIDE LOOK FROM USDA. IN AGRIBUSINESS MANAGING A WEATHER DRIVEN BULL MARKET…PIG INVENTORY NUMBERS ARE OUT...WHAT IT COULD MEAN FOR PRICES. AND TURNING FROM HOGS TO DOGS TO FIND A FOODIE FAVORITE…THE HUNT FOR TRUFFLES, TODAY ON IN THE COUNTRY…AS THE GOVERNMENT PREPARES SEVERAL MARKET MOVING REPORTS…PLUS AS THE BULLS RUN THROUGH THE MARKETS HOW LONG SHOULD YOU WAIT TO SEE WHERE IT'S CHARGING? AGDAY BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
CROP REPORTS:
GOOD MORNING I'M CLINTON GRIFFITHS. USDA PREPARES TO RELEASE TWO MAJOR REPORTS WHICH SET THE TONE FOR THE GRAIN MARKET AS WE HEAD THROUGH THE SUMMER MONTHS...AND THAT'S OUR TOP STORY ON AGDAY.
CROP PROGRESS:
 IN MISSOURI SOYBEAN PLANTING REACHED JUST 62-PERCENT THIS WEEK. THAT'S 30 POINTS BEHIND THE FIVE YEAR AVERAGE. NATIONALLY, IT'S 94-PERCENT, THREE POINTS BEHIND. THE CONDITION RATING SAW A TWO POINT DROP FROM LAST WEEK. CORN QUALITY IS ALSO DROPPING - DOWN THREE POINTS FROM LAST WEEK. 68-PERCENT GOOD TO EXCELLENT SILKING STAGE IS BEHIND, REACHING JUST FOUR PERCENT. SPRING WHEAT IS PROGRESSING AHEAD OF AVERAGE. ABOUT HALF HAS REACHED HEADING STAGE. AND ABOUT THREE QUARTERS IS RATED GOOD TO EXCELLENT, UP A POINT FROM LAST WEEK. WINTER WHEAT HARVEST ADVANCED TO 38-PERCENT COMPLETED. IT'S STILL EIGHT POINTS BEHIND AVERAGE. KANSAS IS 12 POINTS BEHIND. WE ALSO SEE SINGLE DIGIT DELAYS IN OKLAHOMA AND TEXAS.
USDA WX NOTES:
USDA'S JOINT AG WEATHER FACILITY SAYS MANY EASTERN CORN BELT FARMERS ARE SEEING THE AFFECTS OF A CONSTANTLY COOL AND RAINY STRETCH. BUT IN CONTRAST, THE NORTHWESTERN CORNBELT IS SEEING DRYER WEATHER TO FAVOR CROP DEVELOPMENT.
OHIO CONDITIONS:
IN OHIO THE CURRENT CONDITIONS ARE PREVENTING FARMERS FROM BEING ABLE TO SPRAY AND FERTILIZE. THAT COULD CAUSE PEST AND WEED PRESSURE LATER THIS GROWING SEASON. MUDDY, SATURATED FIELDS ARE PREVENTING PRODUCERS FROM REPLANTING FIELDS THAT HAVE BEEN WASHED OUT. MANY WILL CHOOSE TO TAKE THE PREVENT PLANT OPTION.
SLOPPY INDIANA:
IN INDIANA TORRENTIAL RAINS MAY HAVE KILLED OFF AS MUCH AS 5 PERCENT OF INDIANA'S CORN AND SOYBEAN CROPS. THAT ESTIMATE FROM PURDUE UNIVERSITY AG ECONOMIST CHRIS HURT. HURT SAYS THE STATE'S AG ECONOMY HAS SUSTAINED A 300-MILLION DOLLAR LOSS IN CROPS FROM RELENTLESS RAIN IN JUNE. AND HE SAYS THOSE LOSSES WILL LIKELY MOUNT SINCE MORE RAIN IS IN THE FORECAST. SOGGY WEATHER TAKING ITS TOLL ON FIELDS...AND IT'S EASY TO SEE IT FROM THE ROAD. MIKE HOFFMAN TAKES A LOOK IN THIS MORNING'S CROP WATCH. GOOD MORNING MIKE.
CROP WATCH:
GOOD MORNING CLINTON. FARMERS IN CENTRAL INDIANA ARE LOOKING AT SOGGY, IF NOT FLOODED FIELDS AFTER HEAVY RAIN MOVED THROUGH FRIDAY AND SATURDAY.THIS IS A COMMON SIGHT NORTH OF INDIANAPOLIS - LOTS OF STANDING WATER AND DROWNED OUT SPOTS AFTER THREE-TO-FIVE INCHES OF RAIN FELL.THE FIELDS WITH A DECENT CORN CROP, GOT PLANTED EARLY ON HIGHER GROUND. BUT WE SAW PLENTY OF BEANS THAT ARE VERY SHORT - JUST A COUPLE INCHES TALL - AND WAY BEHIND IN MATURITY, AND IT'S A SIMILAR SCENE IN NORTH-CENTRAL OHIO WHICH GOT HIT WITH HEAVY RAIN. THIS SPOT IS JUST EAST OF TOLEDO ALONG INTERSTATE 80.
PNW HEAT:
A MASSIVE FIRE IN CENTRAL WASHINGTON IS FORCING EVACUATIONS NEAR THE TOWN OF WENACHEE. AND EXTREME HEAT ISN'T HELPING MATTERS. WEEKEND TEMPERATURES HIT TRIPLE DIGITS. WALLA WALLA WASHINGTON, FOR EXAMPLE, HIT 113-DEGREES SUNDAY. THE HEAT IS STRESSING PASTURES AND SUMMER CROPS.
DTR IRELAND BSE:
THAT SUSPECTED CASE OF B-S-E IN IRELAND IS NOW CONFIRMED. IRELAND'S DEPARTMENT OF AGRICULTURE FOOD AND MARINE SAYS TESTING SHOWS IT WAS AN ISOLATED CASE. NEARLY 70 OTHER ANIMALS WERE CHECKED FOR POTENTIAL EXPOSURE...THEY TESTED NEGATIVE. THE RESULTS ARE NOW HEADED TO THE E-U COMMISSION AND THE WORLD ORGANIZAITON FOR ANIMAL HEALTH TO DECIDE ON A STATUS LEVEL FOR THE COUNTRY.
DTR CANADA:
WHILE PRICES ARE SOFTENING HERE AT HOME, TO THE NORTH, IN CANADA FARMERS ARE FACING A GLUT OF MILK. THE DAIRY FARMERS OF ONTAIRIO REPORTING THAT SOME FARMERS ARE BEING FORCED TO GET RID OF UNWANTED LIQUID SKIM MILK.SOME BEING DUMPED OR TURNED INTO PIG FEED…D-F-O SAYS THE CRISIS STEMS FROM UNPRECEDENTED EMAND FOR BUTTER AND CREAM, INADEQUATE DAIRY PROCESSING CAPACITY AND FLAT DEMAND FOR FLUID MILK.
ITC TRUFFLE DOGS:
THE INCREASING DEMAND FOR TRUFFLES IS PROMPTING MORE LANDOWNERS ACROSS THE COUNTRY TO GROW MORE OF THE FUNGUS THAT'S COVETED BY FOODIES. FOR GENERATIONS, DOMESTICATED PIGS WERE USED TO ROOT-OUT TRUFFLES WHICH GROW UNDERGROUND. BUT NOW DOGS ARE BEING TRAINED TO SNIFF OUT THE PRIZED DELICACIES. TERRY CHEA REPORTS ON WHY DOGS ARE REPLACING HOGS TO DO THE TRUFFLE SHUFFLE.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

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