AgDay Daily Recap -March 2, 2015

March 2, 2015 02:57 AM
 

TODAY ON AGDAY
MARCH 2, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - USDA EXTENDS A DEADLINE FOR FARMERS. SECRETARY VILSACK STOPPED BY COMMODITY CLASSIC AND MADE TWO MAJOR ANNOUNCEMENTS.. WE'LL HAVE MORE AHEAD ON AGDAY. IN AGRIBUSINESS...WHY ARE SORGHUM MARKETS SO STRONG? IT'S ALL ABOUT EXPORTS TO CHINA AND THAT IS THE NUMBER ONE THING. PLUS, MACHINERY PETE IS HERE. USED TRACTOR VALUES UP OR DOWN WELL KIND OF DEPENDS HOW BIG IT IS AND HOW OLD IT IS. STICK AROUND AND I WILL SHED A LITTLE LIGHT FOR YOU. AND TEST DRIVE A NEW PIECE OF EQUIPMENT TO HELP TOBACCO GROWERS SAVE TIME AND MONEY. AGDAY BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
DECISIONS DEADLINES MOVES:
GOOD MORNING I'M CLINTON GRIFFITHS.THE SLOW PACE OF SIGNUPS AND PLENTY OF CONFUSION FROM PRODUCERS IS PROMPTING A DEADLINE EXTENSION FROM USDA...AND THAT'S OUR TOP STORY ON AGDAY.
CUBA:
TWO MONTHS AFTER THE WHITE HOUSE ANNOUNCED PLANS TO LIFT A HALF CENTURY OLD EMBARGO AGAINST CUBA, THE U-S GRAIN INDUSTRY IS TAKING STEPS TO INCREASE GRAIN EXPORTS TO THE COMMUNIST NATION. A GROUP OF REPRESENTATIVES FROM THE U-S AG SECTOR IS IN CUBA TODAY. THE U-S GRAINS COUNCIL SAYS THE GROUP WILL MEET WITH CUBAN FARM LEADERS TO DISCUSS POSSIBLE RE-ENGAGEMENT.
NCGA RFS:
EVEN WHILE THE INDUSTRY WAITS FOR RENEWABLE FUEL MANDATES FROM EPA, THE LEGISLATION IS ONCE AGAIN IN THE CROSSHAIRS OF CONGRESS. SENATORS JEFF FLAKE, DIANE FEINSTEIN AND PAT TOOMEY INTRODUCING LEGISLATION TO ELIMINATE CORN-BASED ETHANOL FROM THE R-F-S…
FEDERAL WATER:
IT APPEARS CALIFORNIA FARMERS WILL ONCE AGAIN RECEIVE 'NO' WATER ALLOCATION FROM THE FEDERAL GOVERNMENT THIS YEAR. THE FEDERAL BUREAU OF RECLAMATION OVERSEES THE CENTRAL VALLEY PROJECT WHICH PROVIDES WATER FROM RESERVOIRS TO WATER CONTRACTORS. BASED ON MOUNTAIN SNOWPACK AND FORECASTING, THE BUREAU SAYS IT WILL NOT HAVE ANY WATER AVAILABLE FOR THE AG WATER CONTRACTORS IN THE ENTIRE STATE.
CROP WATCH:
LETS CHECK IN AT THE WEATHER CENTER AS WE START THE WEEK. METEOROLOGIST MIKE HOFFMAN IS HERE WITH TODAY'S CROPWATCH..MIKE.
TEASE:
STILL TO COME, A CHECK OF HOW MARKETS CLOSED OUT THE MONTH OF FEBRUARY AND WE'LL TALK GRAIN SORGHUM MARKETS FROM COMMODITY CLASSIC.
ANALYSIS INTRO:
WHILE CORN, SOYBEANS AND WHEAT GET PLENTY OF ATTENTION AT COMMODITY CLASSIC, THE SORGHUM GROWERS ARE ALSO ON HAND. AND MARKETS FOR THE CROPS HAVE BEEN STRONG. TYNE MORGAN TALKED WITH ANALYSTS ABOUT SORGHUM PRICES DURING THE EVENT.
TEASE:
UP NEXT GREG PETERSON IS HERE...YOU MIGHT KNOW HIM AS MACHINERY PETE.
TODAY HE'S SIZING UP AUCTION PRICES ON USED TRACTORS.
ORANGE FIGHT:
HOW DO 'YOU' GET READY FOR THE NEXT PLANTING SEASON? IF YOU LIVED IN THIS CENTRAL MEXICAN TOWN, YOU'D BE CHUCKING ORANGES AT EACH OTHER. TO MARK THE BEGINNING OF THE "SOWING" SEASON, THESE RESIDENTS AND FARM WORKERS BATTLE EACH OTHER WITH ORANGES. IT'S A 150 YEAR OLD TRADITION HELD IN CONJUNCTION WITH A RELIGIOUS PROCESSION. THE ANNUAL "WAR OF ORANGES" FESTIVAL IS HELD TO CELEBRATE THE COMING OF THE SOWING SEASON, AND TO ENSURE RAIN AND A GOOD HARVEST FOR LOCAL COMMUNITIES.
ITC TOBACCO:
HOW DO 'YOU' GET READY FOR THE NEXT PLANTING SEASON? IF YOU LIVED IN THIS CENTRAL MEXICAN TOWN, YOU'D BE CHUCKING ORANGES AT EACH OTHER. TO MARK THE BEGINNING OF THE "SOWING" SEASON, THESE RESIDENTS AND FARM WORKERS BATTLE EACH OTHER WITH ORANGES. IT'S A 150 YEAR OLD TRADITION HELD IN CONJUNCTION WITH A RELIGIOUS PROCESSION. THE ANNUAL "WAR OF ORANGES" FESTIVAL IS HELD TO CELEBRATE THE COMING OF THE SOWING SEASON, AND TO ENSURE RAIN AND A GOOD HARVEST FOR LOCAL COMMUNITIES.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

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