AgDay Daily Recap -June 8, 2015

June 8, 2015 02:57 AM
 

TODAY AGDAY
JUNE 8, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - WILL CONGRESS MOVE TO PREVENT RETALITORY TARRIFS FROM TWO OF OUR LARGEST TRADE PARTNERS. PLUS, TEXAS FARMERS AND RANCHERS SHARE STORIES FROM LAST MONTHS' RECENT HEAVY RAINS. IN AGRIBUSINESS...IS BUBBLE BREWING IN CHINESE STOCKS? AND REMEMBERING HISTORY IN NORTH DAKOTA--HOME TO THE NATION'S FIRST MOSQUE.AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
COOL:
GOOD MORNING I'M CLINTON GRIFFITHS. THE CLOCK IS TICKING FOR CONGRESS AS CANADA MAKES IT CLEAR THAT IT'S READY AND WILLING TO IMPOSE RETALIATORY TARIFFS ON THE UNITED STATES...AND THAT'S OUR TOP STORY ON AGDAY.
COOL SENATE:
WHILE THE HOUSE COULD VOTE THIS WEEK, THE SENATE HAS NOT YET INDICATED ITS COOL AGENDA. MINISTER RITZ WARNED THE SENATE NOT TO TRY WATERING DOWN THE LAW WITH SOME OTHER LABELING REQUIREMENT, WHICH HE SAID WOULD BE UNSATISFACTORY TO CANADA AND MEXICO WHO WANT FULL REPEAL. IOWA SENATOR CHUCK GRASSLEY, WHO SITS ON THE SENATE AG COMMITTEE, SAYS HE'S TORN ON THE ISSUE BECAUSE HE SUPPORTS A CONSUMER'S RIGHT TO KNOW WHERE THEIR FOOD COMES FROM.
COOL PORK:
 CANADA SAYS THE TARIFFS COULD TARGET U-S BEEF, PORK, CALIFORNIA WINES, MATTRESSES, CHERRIES, OFFICE FURNITURE AND POTENTIALLY OTHER PRODUCTS.  DURING THE WORLD PORK EXPO LAST WEEK IN IOWA, LEADERS IN THE SWINE INDUSTRY SAY THE ONLY WAY TO CLEAN UP THE 'MESS' IS TO FOCUS ON A TOTAL REPEAL.
WTO INDIA:
IN OTHER WTO NEWS, THE U.S. HAS OFFICIALLY WON ITS CASE AGAINST INDIA REGARDING THAT COUNTRY'S EIGHT-YEAR-OLD BAN ON U.S. POULTRY, MEAT, EGGS AND LIVE PIGS. IT CLAIMED IT NEEDED TO RESTRICT THESE AG PRODUCTS TO PREVENT AVIAN INFLUENZA FROM ENTERING INDIA.  THE U.S. TRADE REPRESENTATIVE SAYS LOW PATHOGENIC AVIAN INFLUENZA DOESN'T WARRANT IMPORT PROHIBITIONS - AND DESPITE RECENT OUTBREAKS OF HIGHLY PATHOGENIC AVIAN INFLUENZA IT STILL DON'T JUSTIFY A FULL COUNTRY BAN ON IMPORTS. AGRICULTURE SECRETARY TOM VILSACK SAYS THIS A MAJOR WIN FOR U.S. AGRICULTURE.
AL HEARING:
SPEAKING OF ANIMAL HEALTH, IOWA SENS. CHUCK GRASSLEY AND JONI ERNST ARE ASKING AGRICULTURE COMMITTEE CHAIRMAN PAT ROBERTS TO HOLD A HEARING ON THE RAPID SPREAD OF BIRD FLU THROUGH IOWA EGG-LAYING OPERATIONS. IN A LETTER THEY WRITE THAT QUOTE, "DUE TO THE SHEER SIZE AND SCOPE OF THIS OUTBREAK, WE HAVE HEARD FROM COUNTLESS FOLKS IN IOWA WHO ARE CONCERNED ABOUT THE LACK OF CERTAINTY CAUSED BY THIS SITUATION - MANY OF WHOM JUST WANT TO FIND RESOLUTION TO THIS TRAGEDY AND GET BACK TO WORK."
FAO FOOD PRICE:
 ON THE WORLD STAGE, THE PRICE OF FOOD COMMODITIES ARE NOW AT A SIX YEAR LOW.
THIS COMES FROM THE U.N'S FOOD AND AGRICULTURE ORGANIZATION. THE FOOD PRICE INDEX AVERAGING NEARLY 167 (166.8) POINTS IN MAY…THAT'S MORE THAN 20 PERCENT LOWER THAN A YEAR AGO...AND THE LOWEST SINCE 2009. THE INDEX TRACTS MARKETS FOR FIVE MAJOR FOOD GROUPS… MUCH OF THE DECLINES DUE TO DAIRY AND LARGE INVENTORIES OF GRAINS AND STRONG PROJECTIONS FOR 2015…
CROP WATCH:
FROM WET MISSOURI FIELDS TO UNDERWATER CROPS IN TEXAS…PLANTING IS AT A STANDSTILL. MIKE HOFFMAN JOINS US NOW WITH CROPWATCH. GOOD MORNING MIKE.
TEXAS WETNESS:
IF YOU FARM OR RANCH IN TEXAS, YOU'VE BEEN PRAYING FOR RAIN.  NOW THOSE PRAYERS HAVE BEEN ANSWERED. FOR SOME ITS RELIEF FROM A PERSISTENT DROUGHT.  BUT OTHERS HAVE GOTTEN MORE THAN THEY BARGAINED FOR.  ED WOLFF WITH THE TEXAS FARM BUREAU HAS MORE.
TEASE:
AHEAD ON AGDAY, A LOOK AT A POTENTIAL BUBBLE IN CHINESE STOCKS AND HOW THAT COULD IMPACT WORLD MARKETS. PLUS, MACHINERY PETE IS HERE TO SHARE HIS LATEST AUCTION FINDS.
WX:
MIKE HOFFMAN JOINING US ON THIS MONDAY MORNING…MIKE I GUESS YOU'RE KIND OF WATCHING THE JET STREAM WHAT A LEFT OVER TROPICAL STORM IS GOING TO DO TO US THIS WEEK. PROBABLY GOING TO BRING SOME DECENT RAINS TO MANY PARTS OF THE SOUTHWEST FIRST ALL WHEN YOU LOOK AT THE JET STREAM ITS GOING TO TRACK EAST FROM THERE. EXACTLY WHERE WE DON'T KNOW BUT WE KIND OF THINK CENTRAL PLAINS INTO THE OHIO VALLEY AND SOUTHERN PLAINS LATER IN THE WEEK…SO LETS GO TO THE MAPS. AND SEE WHAT IT LOOKS LIKE ON THE JET STREAM. AND AS YOU CAN SEE THE JET STREAM KIND OF COMES INTO THE SOUTHWESTERN PORTIONS OF THE COUNTRY AND AT THIS POINT THERE'S A QUICK LITTLE TROUGH COMING INTO THE GREAT LAKES AND THE NORTHEAST BUT BY THE TIME THAT MOISTURE GETS FARTHER NORTH IT LOOKS WE'RE GOING TO BE MORE ZONAL AND SO IT LOOKS LIKE IT WILL PROBABLY BE TRACKING RIGHT THROUGH THE CENTER OF THE COUNTRY EVENTUALLY THROUGH PARTS OF THE NORTHEAST AS WE HEAD THROUGH THE WEEK END. YOU CAN SEE AS WE HEAD THROUGH THE WEEKEND AND INTO EARLY NEXT WEEK GENERALLY ZONAL FLOW AND THAT CAN MEAN SOME LITTLE RIPPLES ARE GOING TO BE CAUSING SOME MOISTURE IN MANY PLACES BUT IT ALSO KIND OF KEEPS THE HEAT TO THE SOUTH AND THE REAL COLD AIR TO THE NORTH. SO WE DON'T SEE ANY HUGE HEAT AREAS EXCEPT FOR THE DROUGHT AREAS. THAT WILL CONTINUE TO BE REALLY HOT, BUT ALSO NO REAL COLD SNAPS COMING INTO THE COUNTRY AS OF NOW. THAT'S THE WAY IT LOOKS. SO TEMPERATURES THIS WEEK GOING TO GO ABOVE NORMAL FROM EAST TEXAS ALL THE WAY INTO THE SOUTHERN GREAT LAKES INTO THE SOUTHEAST…A LOT OF THAT GOING TO BE THROUGH THE MIDDLE OF THE COUNTRY HERE BECAUSE WE'LL BE SEEING MOISTURE COMING IN FROM THAT LEFT OVER TROPICAL SYSTEM. WE ALSO HAVE TO WATCH THE POTENTIAL FOR A TROPICAL STORM OR HURRICANE TO FORM IN THE GULF OF MEXICO THIS WEEK. THE SET UP IS THERE WEATHER IT HAPPENS OR NOT WE JUST DON'T KNOW FOR SURE. BELOW NORMAL TEMPERATURES THEN IN THE SOUTHWEST WEST TEXAS THAT'S BEEN THE ON GOING TREND BUT ALSO BECAUSE OF MOISTURE IT WILL MAKE IT WORSE THAN ITS BEEN. MUCH OF MONTANA BACK INTO CALIFORNIA ABOVE NORMAL AS FAR AS TEMPERATURES GO THIS WEEK. THERE'S THE PRECIPITATION THIS WEEK. HUGE AREAS OF ABOVE NORMAL MAINLY WITH THAT TRACK OF THE TROPICAL MOISTURE YOU CAN KIND OF SEE THAT. AND I'M GOING ABOVE NORMAL THERE IN THE SOUTHERN MISSISSIPPI VALLEY JUST PARTIALLY BECAUSE OF AFTERNOON THUNDERSTORMS AND HEAT AND HUMIDITY BUT ALSO THE POTENTIAL FOR A TROPICAL STORM TO DEVELOP. SO THAT'S SOME THAT WE'LL BE WATCHING. 30 DAY OUTLOOK FOR TEMPERATURES…ABOVE NORMAL FOR THE GREAT LAKES, NORTHEAST MID ATLANTIC INTO FLORIDA EASTERN GEORGIA BELOW NORMAL FOR LOUISIANA BACK INTO EASTERN NEW MEXICO ON UP INTO SOUTHERN PORTIONS OF SOUTH DAKOTA AND THEN ABOVE NORMAL OUT WEST. PRECIPITATION OVER THE NEXT 30 DAYS ABOVE NORMAL IN THE SOUTHEAST MID ATLANTIC ALSO THE SOUTHERN AND CENTRAL PLAINS BACK INTO THE FOUR CORNER REGION AND BELOW NORMAL FROM CALIFORNIA ON UP INTO THE PACIFIC NORTHWEST. THAT'S A LOOK ACROSS THE COUNTRY NOW LETS TAKE A LOOK AT SOME LOCAL FORECASTS. WE'LL HEAD TO FRESNO CALIFORNIA MOSTLY SUNNY AND QUITE HOT. HIGH TEMPERATURE AROUND 100 ENID OKLAHOMA PARTLY SUNNY AND WARM A THUNDERSTORM POSSIBLE HIGH OF 89 AND ERIE PENNSYLVANIA MOSTLY CLOUDY AND THUNDERSTORMS AROUND HIGH AROUND 73.
CLOSE:
 THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close