AgDay Daily Recap -March 2, 2016

March 2, 2016 02:57 AM
 

TODAY ON AGDAY
MARCH 2, 2016
OPENING HEADLINES:

COMING UP TODAY ON AGDAY -
A VOLUNTARY FEDERAL LABELING BILL MOVES ITS WAY THROUGH THE SENATE.
CEOS DISCUSS THE KEY ISSUES THEY'RE FOCUSING ON FOR ROW CROP FARMERS THIS YEAR.
IN AGRIBUSINESS- BRIAN ROACH TALKS INPUT COSTS AS PLANT '16 BEGINS/NEARS.
GROWERS ARE GOING TO WANT TO MAKE SURE THEY'RE TALKING TO THEIR SUPPLIERS ABOUT HOW MUCH THEY INTEND TO USE AND DON'T GET CAUGHT SHORT.
AND FORGET A GROUND PLOT, CHICAGO COMPANIES TAKE TO THE SKIES TO GROW LEAFY GREENS.
GMO LABELING FRAMEWORK TO BE ESTABLISHED:
GOOD MORNING I'M BETSY JIBBEN. CLINTON IS ON ASSIGNMENT. MANY FARM GROUPS ARE PRAISING THE SENATE AG COMMITTEE THIS MORNING AFTER PASSING A BILL THAT CREATES A NATIONAL G-M-O LABELING STANDARD.
THE SENATE AG COMMITTEE PASSED LEGISLATION TUESDAY THAT WOULD CREATE A NATIONAL FRAMEWORK FOR THE LABELING OF BIO-ENGINEERED FOOD PRODUCTS.
THE BILL RECEIVED SUPPORT FROM ALL ELEVEN REPUBLICAN MEMBERS AND THREE DEMOCRATS. THAT BI-PARTISAN SUPPORT WILL BE NECESSARY WHEN THE MEASURE REACHS THE SENATE FLOOR. 
THIS MEASURE -IF IT PASSES THE SENATE AND HOUSE AND IS SIGNED BY THE PRESIDENT -WOULD PREEMPT ANY STATE G-M-O LABELING LAW, SUCH AS THE VERSION WHICH IS SET TO GO INTO EFFECT IN VERMONT THIS SUMMER.
ADDITIONAL LABELING COULD INCREASE COSTS:
"IF YOU HAVE A PATCHWORK OF LABELING LAWS, THAT'S GOING TO INCREASE COSTS THROUGHOUT THE FOOD SYSTEM AND ANALYSTS HAVE SAID IT'S GOING TO COST AN AVERAGE FAMILY OF FOUR BETWEEN 5 AND 700 DOLLARS MORE FOR THEIR FOOD BILL BECAUSE OF MANDATORY LABELING REQUIREMENTS. WE'RE OPPOSED TO THAT. WE'RE ALSO OPPOSED TO ANY MANDATORY LABELING BECAUSE AGAIN, WE KNOW THE ACTIVISTS WANT TO DRIVE THE TECHNOLOGY OUT OF THE MARKETPLACE."
MEETING IN NEW ORLEANS TO DISCUSS SUCH ISSUES:
G-M-O LABELING IS JUST ONE ISSUE THAT WILL BE ADDRESSED THIS WEEK WHEN MEMBERS OF THE FOUR MAJOR COMMODITY GROUPS GATHER IN NEW ORLEANS.

IN ADDITION TO A TRDE SHOW, THE GRAIN ASSOCIATIONS CONDUCT THEIR ANNUAL MEETINGS TO DISUCSS POLICY.
THE CEOS OF EACH GROUP MET WITH US BEFORE THE EVENT TO TALK TOP GOALS AND ISSUES ON THEIR RADARS.
CROP INSURANCE:
PRESIDENT OBAMA IS PROPOSING A 18 BILLION DOLLAR CUT WITHIN 10 YEARS TO THE FEDERAL CROP INSURANCE PROGRAM. MUCH OF THAT COULD IMPACT PREMIUMS. NOW FARM GROUPS ARE PUSHING BACK.
CROP INSURANCE NEARLY TOOK A HIT LAST FALL AS CONGRESS PASSED A 3 BILLION DOLLAR CUT. HOWEVER, THE MONEY WAS EVENTUALLY RESTORED IN DECEMBER AS PART OF THE TRANSPORTATION BILL.
SORGHUM TECHNOLOGY:
WHEN IT COMES TO SORGHUM, A BIG FOCUS IS REGULATORY ACTION AND HOW IT MAY IMPACT SEED TECHNOLOGY.
"IT'S PROBABLY OUR TOP ISSUE FOR THE INDUSTRY. WE ARE INTERESTED TO WALK THROUGH THE PROCESS. WE UNDERSTAND THE NEED TO LOOK AT CHANGING THE WAY THEY DO THAT. WE HAVE CONCERNS ON HOW THAT WILL SLOW DOWN INNOVATION IN SORGHUM AND INCREASED THE COSTS TO THE GROWER."
WOTUS:
THE WATERS OF THE UNITED STATES RULE IS HEARD THROUGHOUT ALL FOUR COMMODITY GROUPS.. CONGRESS HAS FAILED TO REPEAL IT.
ALSO DEALING WITH THE CLEAN WATER ACT: THE U.S. SUPREME COURT ANNOUNCED THIS WEEK IT WON'T HEAR AN APPEAL FROM FARM GROUPS CHALLENGING THE EPA'S CHESAPEAKE BAY WATERSHED MANDATES THE CEOS SAY FARMERS SHOULD NOT GIVE UP HOPE.
HOPE FOR A REPEAL:
"WE'RE GOING TO HAVE A NEW CONGRESS AND ADMINISTRATION. DON'T KNOW WHICH WAY IT'S GOING TO TURN OUT. EITHER WAY, THERE ARE OPPORTUNITIES FOR PERHPAS THE RULE TO BE PULLED BACK AND TO BE REWRITTEN. THAT'S ONE POINT. ANOTHER IS THROUGH THE LEGAL CHALLENGES. THOSE LEGAL CHALLENGES ARE IN PLACE OR UNDERWAY THAT HAVE CHANGED THE WOTUS RULE."
"ADMINISTRATIONS WILL CHANGE. COURTS WILL CHANGE. OPPORTUNITIES WILL CHANGE. THIS IS ONE FROM A PRODUCER SIDE THAT IT'S A BAD POLICY. IT'S NOT GOOD FOR A FARMER FROM ANY COMMODITY,"

THEY SAY FARMERS NEED TO KEEP ENGAGING BY MAKING THEIR VOICES HEARD. 

COMMODITY CLASSICS PITCH:
CLINTON IS COVERING COMMODITY CLASSIC. HE'LL BE PROVIDING COVERAGE FROM THERE LATER THIS WEEK.
EPA PLANS TO PULL BAYER INSECTICIDE FROM SHELVES:
THE ENVIRONMENTAL PROTECTION AGENCY SAYS IT PLANS TO BAN THE USE OF AN INSECTICIDE PRODUCED BY BAYER CROP SCIENCE. 
IT'S REGISTERED FOR USE ON OVER 200 CROPS, MOSTLY ON FRUIT TREES. BUT IT'S ALSO USED ON SOME SOYBEAN AND COTTON FIELDS. E-P-A ANNOUNCED TUESDAY IT'S INTENT TO CANCEL THE LICENSE FOR FLEW-BIN-DIE-UH-MIDE (FLUBENDIAMIDE). THE AGENCY ASKED BAYER TO VOLUNTARILY STOP SELLING THE INSECTIDE BUT THE COMPANY REJECTED THE REQUEST. 
EPA SAYS THE PESTICIDE MAY POSE A THREAT TO SOME AQUATIC SPECIES.
WINTER WHEAT CONDITIONS:
THE AG DEPARTMENT IS OUT WITH ITS MONTHLY LOOK AT WINTER WHEAT CONDITIONS. 59-PERCENT OF THE KANSAS CROP IS RATED GOOD TO EXCELLENT. THAT'S A FOUR POINT IMROVEMENT FROM LAST MONTH.  MEANWHILE, CONDITIONS DECLINED IN THE SOUTHERN PLAINS. 68-PERCENT OF THE OKLAHOMA CROP IS GOOD TO EXCELLENT, DOWN FROM 74-PERCENT. TEXAS 40-PERCENT GOOD TO EXCELLENT. WE SEE A NINE POINT DROP FROM FEBRUARY FIRST.
CROP COMMENTS:
SOME FARMERS ARE ALREADY GETTING THE ITCH TO GET BACK IN THE FIELDS. MIKE HOFFMAN HAS AN
UPDATE IN THIS MORNING'S CROP COMMENTS. MIKE.
GOOD MORNING, BETSY.
LET'S START OFF CROP COMMENTS IN CENTRAL ILLIONIS.
BRENT JOHNSON SAYS HE'S GETTING READY FOR PLANT  2016. IN FACT, HE'S ALMOST DONE LAYING DOWN ANHYDROUS IN HIS FIELDS-THAT'S EARLY FOR THIS TIME OF YEAR. HE SAYS LOTS OF OTHER FARMERS ARE DOING THE SAME.
WEATHER MAP:
AND TAKING A LOOK AT THE WEATHER MAP TODAY YOU CAN KIND OF A WHITE AND WET STORM SYSTEM MOVING THROUGH THE NORTH EAST AND INTO THE SOUTH EAST ANOTHER ONE MOVING THROUGH THE NORTHERN ROCKIES WITH ANOTHER ONE LURKING OFF SHORE I’LL HAVE YOUR FORECAST COMING UP BUT NOW HERE ARE SOME HOMETOWN TEMPS
AND NOW HERE ARE SOME HOMETOWN TEMPS.
CROP COMMENTS WINNER:
AND CONGRATULATIONS TO OUR FEBRUARY CROP COMMENTS WINNER, DANIEL WAGNER OF TEXAS.
DANIEL HAS WON A 100-DOLLAR GIFT CARD FROM CABELA'S BY SUBMITTING A PHOTO FROM BURLESON COUNTY, TEXAS.
TEASE:
UP NEXT, BRIAN ROACH IS HERE TO DISCUSS AG MARKETS IN THE YEAR AHEAD.
LATER, WE'LL  HEAD TO A CHICAGO ROOF-TOP WHICH IS QUICKLY BECOMING A POPULAR PLACE TO GROW LEAFY GREENS -EVEN DURING THE DEAD OF WINTER.
PITCH TO AGRIBUSINESS:
THE MEGA MERGER BETWEEN CHEMCHINA AND SYNGENTA IS STILL QUITE A WAYS FROM BEING A DONE DEAL. CHEMCHINA STILL WORKING TO PULL MONEY TOGETHER.
BEFORE CLINTON HEADED TO NEW ORLEANS FOR COMMODITY CLASSIC, HE TALKED WITH BRIAN ROACH OF ROACH AG MARKETING ABOUT THE PLANTINGSEASON AHEAD.
AGRIBUSINESS:
JOINING ME HERE AT THE AGRIBUSINESS DESK I HAVE BRIAN ROACH. BRIAN, LET'S TALK ABOUT THIS SPRING PLANTING AS WE KIND OF GET READY TO TAKE OFF ON THIS WHOLE YEAR AHEAD OF US. WE DO HAVE SOME INPUTS THAT WE ARE GOING TO NEED TO PUT DOWN THAT ARE GOING TO BE PART OF THIS PLANTING SEASON, RIGHT? > GROWERS ARE GOING TO HAVE INPUTS COVERED AT SOME LEVEL HERE ALREADY AND THEN MAYBE WAITING FOR THE BALANCE FOR THOSE, DEPENDING ON WHAT TYPE OF WEATHER COMES. I THINK WHAT WE ARE SEEING IS THAT A GUY WANTS TO MAKE SURE THAT THEY DON'T GET CAUGHT IN A SUPPLY DISRUPTION IF THE CROP GOES IN THE GROUND VERY QUICKLY. SO IF THE WEATHER WERE TO PLAY OUT LIKE IT LOOKS WHICH IS DRIER AND LESS WET. LET'S JUST SAY THE PATTERN IS SET UP FOR A QUICK PLANTING THIS YEAR VERSUS LAST YEAR WHERE NITROGEN PRICES COULD SPIKE HIGHER WHERE THERE ARE DISRUPTIONS IN SUPPLY.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, THIS MAP SHOWS A STRING OF STORM SYSTEMS. WHAT ARE YOU EXPECTING? THERE'S JUST MORE IN THIS STRING OVER THE PACIFIC. IT'S REALLY ONE STORM AFTER ANOTHER EVERY TWO OR THREE DAYS MOVING FROM WEST TO EAST. THE FIRST ONE AS YOU CAN SEE IS MOVING THROUGH THE NORTHEAST WITH A FAIR AMOUNT OF SNOW IN NORTHERN NEW ENGLAND MOVING THROUGH PARTS OF THE GREAT LAKES. RAIN SOUTHWARD ALONG THE EASTERN SEABOARD. THAT'S GOING TO QUICKLY MOVE OFFSHORE.
REGIONAL WEATHER:
THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. WE'LL HEAD TO HOLBROOK, ARIZONA FIRST OF ALL. A GOOD DEAL OF SUNSHINE AND WARM TODAY.THE HIGH IS 76. WAUSAU, WISCONSIN IS PARTLY SUNNY AND COLD. THE HIGH IS JUST 26. AND FINALLY, AIKEN, SOUTH CAROLINA, A MIXTURE OF SUNSHINE AND CLOUDS. THE AFTERNOON HIGH IS 58.
TEASE:
THE U-S RE-GAINS ACCESS FOR POULTRY EXPORTS TO SOUTH AFRICA. WE'LL TELL YOU WHY IT WAS BANNED FOR 17 YEARS.
AND WHEN AFFORDABLE LAND ISN'T AVAILABLE TO GROW VEGETABLES, ONE COMPANY SAYS LOOK TO THE SKY. DETAILS AS WE HEAD IN THE COUNTRY..
DUMPING BANS BLOCKED U.S. CHICKEN EXPORTS FOR 17 YEARS:
SOUTH AFRICA IS RECEIVING SHIPMENTS OF U-S POULTRY FOR THE FIRST TIME IN 17 YEARS.
THE USA POULTRY AND EGG EXPORT COUNCIL SAYS FIVE CONTAINERS OF U-S BONE-IN CHICKEN LEG QUARTERS AND DRUM STICKS ARRIVED IN SOUTH AFRICA IN FEBRUARY.
SHIPMENTS WERE BANNED IN 2000 AFTER SOUTH AFRICA IMPOSTED PROHIBITIVE ANTI DUMPING DUTIES ON U-S BONE-IN CHICKEN, WHICH CLOSED THE DOOR ON ALL U-S POULTRY PRODUCTS.
BUT LAST YEAR, THE PRESIDENT THREATENED TO ELMINATE BENEFITS TO SOUTH AFRICA UNLESS LEADERS REOPENED ITS MARKETS TO U-S POULTRY, PORK AND BEEF PRODUCTS.
TEASE:
AND EVEN DURING THE COLD, DREARY DAYS OF A CHICAGO WINTER, ONE COMPANY IS HAVING PLENTY OF SUCCESS GROWING LEAFY GREENS FOR SOME OF THE TOP RESTAURANTS IN THE WINDY CITY. DETAILS WHEN WE COME BACK.
IN THE COUNTRY:
WINTERS CAN BE COLD AND LONG IN CHICAGO. THE IDEA OF GROWING FRESH PRODUCE IS ALMOST FOREIGN.  BUT A GROWING NUMBER OF COMPANIES ARE FINDING SUCCESS. ONE COMPANY BUILT A MASSIVE GREENHOUSE ON-TOP OF A FACTORY LAST FALL. THE OWNERS TAKE US ON TOUR.

"IT'S HARD TO PICTURE WHAT A 75,000-SQUARE-FOOT GREENHOUSE REALLY FEELS LIKE WHEN YOU'RE IN IT. IT'S ABOUT TWO ACRES -- A COUPLE FOOTBALL FIELDS."
CLOSING:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR CLINTON GRIFFITHS AND MIKE HOFFMAN, I'M BETSY JIBBEN. HAVE A GREAT DAY.
PROMO:
I'M BETSY JIBBEN. THURSDAY ON AGDAY -AS COMMODITY GROUPS GATHER FOR THEIR ANNUAL MEETING, WE'LL LOOK AT EFFORTS TO INCREASE GRAIN DEMAND FROM NEW MARKETS. WATCH US WEEKDAYS HERE ON AGDAY.

 

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