AgDay Daily Recap -March 30, 2017

January 19, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
MARCH 30, 2017


HEADLINES
THE FARM CREDIT SYSTEM GOES BEFORE  CONGRESS IN PREPARATION FOR THE 2018 FARM BILL. IN TEXAS, FARMERS AND FOODIES FIND COMMON GROUND. IN AGRIBUSINESS...A  BIG REPORT PREVIEW FEEDER MARGINS HOLD ON RECENT HIGHS--WHAT DOES IT MEAN FOR THE BEEF  COMPLEX. AND A RETURN TO REAL BUTTER-- IS HELPING THIS WISCONSIN  BAKERY COOK UP DELICATE PASTRIES. AGDAY-BROUGHT TO YOU BY THE  DEPENDABLE, LONG LASTING CHEVY SILVERADO.

FARM BILL HEARINGS
GOOD MORNING I'M CLINTON GRIFFITHS. AS RURAL AMERICA FACES ANOTHER  YEAR OF EXPECTED LOW FARM INCOME, THE HOUSE AGRICULTURE COMMITTEE  IS REVIEWING THE FINANCIAL HEALTH OF THE FARM CREDIT ADMINISTRATION. THE HOUSE AG COMMITTEE IS CONDUCTING A SERIES OF HEARINGS AS IT  PREPARES TO WORK ON THE NEXT FARM BILL. ON WEDNESDAY THE FARM CREDIT ADMINISTRATION FACED THE LAWMAKERS  WHO WANT TO KNOW IF THE AGENCY IS FINANCIALLY SOUND AS FARM INCOMES  CONTINUE TO DECLINE. "FARM CREDIT IS LEANING INTO THIS DOWN TURN IN AG PRICES WE EXPECTED  THIS CYCLE WOULD COME AND WE BUILT FINANCIAL STRENGTH TO MEET IT AND  FULFILL THE MISSION THIS COMMITTEE HAS GIVEN US WE WILL DO OUR PART TO  HELP OUR CUSTOMERS THROUGH THIS DIFFICULT TIME." REPRESENTATIVE RICK CRAWFORD OF ARKANSAS FOCUSED HIS QUESTIONS ON  YOUNG FARMERS. HE'S WONDERING IF THERE'S INCENTIVE TO ROLL COLLEGE  DEBT INTO FARM PRODUCTION LOANS TO HELP BRING YOUNG PRODUCERS BACK  TO THE FARM. "I DON'T THINK THAT WE NEED TO BE TRYING TO CRAFT LEGISLATION TO  GUARANTEE A STUDENT LOAN REPAYMENT IN THE CONDITION THAT WE'RE IN  FINANCIALLY BUT I DO THINK WE NEED TO BE PROACTIVE IN CREATING THE  CONDITIONS TO INCENTIVISE YOUNG PEOPLE TO COME BACK TO THE FARM AND  STUDENT LOAN DEBT IS GOING TO BE A CRITICAL FACTOR IN THAT." "SEVERAL YEARS AGO WE STARTED AND MOST OF MY COLLEAGUES AROUND THE  SYSTEM AT THE ASSOCIATION LEVEL SOMETHING VERY SIMILAR WE STARTED  WHAT WE CALL AN AG START PROGRAM SO BASICALLY WE THROW OUT THE  NORMAL UNDERWRITING STANDARDS FOR TRADITIONAL PRODUCERS AND SAY  WE KNOW THEY DON'T HAVE THE EQUITY ON THE BALANCE SHEETS THAT THEY  DO AND WE'RE WILLING TO LEAN INTO THEM THEY HAD ONLY THREE CRITERIA  AND THAT WAS THEY HAD TO HAVE A FINANCIAL PLAN OR A REPAYMENT PLAN  THAT SAID OKAY WE CAN REASONABLY REPAY THEY HAD TO HAVE A GOOD TRACK  RECORD ALREADY WITH THEIR WITH CREDIT CARD AND SUCH AND THEY HAD TO  HAVE A MENTOR BECAUSE WE FOUND THAT THAT MENTORSHIP WAS THE MOST  IMPORTANT FACTOR IN THEIR SUCCESS LONG TERM." THE MONTHLY RURAL MAINSTREET INDEX FROM CREIGHTON UNIVERSITY SHOWS  TWO-THIRDS OF THE RURAL BANKERS SURVEYED EXPECT LOAN DEFAULT RATES  TO INCREASE OVER THE NEXT TWELVE MONTHS.

NAFTA RENEGOTIATIONS
FROM OUR PARTNERS AT PRO FARMER THE TRUMP ADMINISTRATION HOPES TO  NOTIFY CONGRESS NEXT WEEK OF ITS INTENTION TO LAUNCH TRADE  NEGOTIATIONS WITH CANADA AND MEXICO. COMMERCE SECRETARY WILBUR ROSS TELLING MEMBERS OF THE HOUSE WAYS  AND MEANS COMMITTEE THAT WORK ON THE NOTICE TO RENEGOTIATE AND UPDATE NAFTA IS ON TRACK. ADDING THAT IT COULD FIND ITS WAY TO CAPITOL HILL BEFORE THE SPRING  CONGRESSIONAL RECESS. ACCORDING TO REPORTS, ROSS SAYS THE MEXICAN GOVERNMENT WOULD LIKE  TO CONCLUDE THE TALKS IN 2017. SOME LAWMAKERS SAY THAT TIMELINE IS UNREALISTIC.

FOODIES AND FARMERS TALKING AG
WITH ALL THE DISAGREEMENT IN WASHINGTON, THE REST OF THE COUNTRY  STILL NEEDS TO GET ALONG...INCLUDING THOSE WHO FARM. OF COURSE, THESE DAYS, FARMING IS RATHER BROAD TERM IN HOW YOU GROW  CROPS AND RAISE LIVESTOCK. IN THIS REPORT FROM THE TEXAS FARM BUREAU, ED WOLFF SHOWS US FOODIES AND FARMERS COMING TOGETHER AT THE TABLE - TALKING AGRICULTURE. AND  BUILDING RELATIONSHIPS.  CONVENTIONAL.  ORGANIC.  LOCAL.  GLOBAL.  AGRICULTURE IS DIVERSE.  A  VARIETY OF PEOPLE.  WITH DIFFERENT FARMING METHODS.  BUT ALL WITH ONE  GOAL.  TO GROW HEALTHY, SAFE, AFFORDABLE FOOD FOR FAMILIES AROUND THE  WORLD.  AND THERE'S ROOM AT THE TABLE FOR ALL. "WE DECIDED THIS WAS THE  PERFECT PLACE FOR US TO COME TO TALK ABOUT THE AGRICULTURE WE ARE  ALL PART OF. NOT TO SAY ANYTHING IS BETTER OR WORSE. I JUST WANT  EVERYBODY TO RECOGNIZE THE VALUE OF EACH OTHER'S PART OF THE  INDUSTRY" FARMERS AND RANCHERS IN BELL COUNTY PARTICIPATED IN THE  SECOND ANNUAL MOTHER EARTH NEWS FAIR IN BELTON.  THE EVENT IS ONE OF  SIX ACROSS THE NATION.  BRINGING PEOPLE TOGETHER NOT ONLY FROM THE  LONE STAR STATE BUT AS FAR AWAY AS MICHIGAN & COLORADO.  THE EVENT FOCUSES ON SELF-SUFFICIENT LIFESTYLES.  INCLUDING ORGANIC GARDENING,  RENEWABLE ENERGY, NATURAL HEALTH, HOMESTEADING AND MORE.  A GROUP  OF CONSUMERS TRADITIONAL FARMERS HAVE BEEN SLOW TO ENGAGE.  BUT  BELL COUNTY FARMERS WANT TO CHANGE THAT.  THEY USED TEXAS FARM  BUREAU'S MOBILE LEARNING BARN AND ONE FARMER'S ANTIQUE CORN SHELLER  TO GET FOLKS ATTENTION.  AND START CONVERSATIONS.  ONES THEY HOPE  BUILD BRIDGES. "THAT'S A GREAT ATTENTION GETTER. IT BRINGS BACK A LOT OF  MEMORIES FROM OLDER GENERATIONS AS WELL AND CREATES A LOT OF HANDS  ON ACTIVITY AND EXCITEMENT FOR THE KIDS. | IT'S A GREAT TOOL FOR CREATING  DISCUSSION." KIDS & ADULTS TOOK TURNS CRANKING THE GRINDER AND SHELLING CORN.  IT LED TO DISCUSSIONS ABOUT MODERN AGRICULTURE. ATTENDEES VOICING CONCERNS.  THE FARMERS EXPLAINING WHAT THEY DO AND  WHY THEY DO IT.  AND THE IMPORTANCE OF ALL AGRICULTURE WORKING  TOGETHER.  "I ASKED HIM IF HIS CORN WAS GMO. AND HE SAID YES. NOW I  WASN'T AWARE, AND ASKED, DID YOU HAVE THE CHOICE TO PLANT GMO OR NON- GMO AND HE SAID YES. AND I SAID" YOU CHOSE GMO AND HE SAID YES." I JUST SAID WHY? BECAUSE I JUST UNDERSTOOD IT TO BE BAD FOR OUR BODIES,  HARMFUL FOR THE SOIL AND HE SAID BECAUSE HE DIDN'T LIKE SEEING STARVING  PEOPLE AND THAT IT CUT DOWN ON COSTS, CUT DOWN ON PESTICIDES, AND HE  THOUGHT IT WAS GOOD FOR THE ENVIRONMENT, GOOD FOR EVERYBODY."  AGREEING TO DISAGREE.  LIKE JULEE, MANY OF THE CONVERSATIONS DIDN'T  CHANGED MINDS ON THE SPOT.  BUT MEETING FACE TO FACE SPARKED RELATIONSHIPS.  ONES BUILT ON RESPECT, CONVICTIONS & UNDERSTANDING.   NOT SEEING EACH OTHER AS ENEMIES.  BUT ALL STRIVING FOR THE SAME GOAL.   A SUSTAINABLE FUTURE FOR FOOD. ROBERT FLEMING "I WAS TRYING TO EXPLAIN  TO HER THAT IT'S ALL ABOUT THE ENVIRONMENT. IT'S ALL ABOUT MOTHER EARTH.  ABOUT TRYING TO SAVE AND PRESERVE THE ENVIRONMENT FOR OURSELVES  AND FUTURE GENERATIONS.  I DON'T WANT TO SEE ANYONE GO HUNGRY IN THE  WORLD." PEOPLE ARE PASSIONATE ABOUT WHAT THEY EAT.  AND THEY SHOULD  BE.  VERY LITTLE IS MORE IMPORTANT THAN WHAT WE PUT INTO OUR BODIES.   WHETHER IT'S ORGANIC OR CONVENTIONAL.  GMO OR NON.  AMERICAN FAMILIES  CAN BE CONFIDENT THE FOOD THEY EAT IS JUST AS SAFE AND JUST AS HEALTHY.   NO MATTER HOW IT'S GROWN.  WITH THE TEXAS FARM BUREAU, ED WOLFF,  BELTON. 

CROP COMMENTS
LET'S CHECK ON SOME PLANTING CONDITIONS IN THE SOUTHEAST.  DAVID  HARKER FROM AFFILIATE WNDU-TV IS FILLING IN FOR MIKE HOFFMAN THIS  MORNING. GOOD MORNING DAVID. GOOD MORNING CLINTON. IN ALABAMA - THE STATE "NASS" OFFICE SAYS DROUGHT CONDITIONS HAVE  PERSISTED IN MOST PARTS OF THE STATE DURING THE MONTH OF MARCH. RAIN  HAS BEEN INFREQUENT AND SHORT. PASTURES ARE STRUGGLING TO RECOVER  AND ARE IN MOSTLY FAIR CONDITION. NEXT DOOR IN GEORGIA THE "NASS' OFFICE RECAPPED THE MONTH OF MARCH. THE BIG STORY WAS A HARD FREEZE ABOUT TEN DAYS AGO. IT DID MILD TO  MODERATE DAMAGE TO BLUEBERRY CROPS AND EARLY VEGETABLE CROPS. HOWEVER THE STATE'S ONION CROP REMAINS UN-SCATHED. SOME WHEAT WAS  DAMAGED AND IS NOW BEING CUT FOR SILAGE INSTEAD OF HOLDING FOR GRAIN. ....AND NOW HERE ARE SOME  HOMETOWN TEMPERATURES.

TEASE
THE LOCAL WEATHER CAN HAVE A BIG IMPACT NOT ONLY ON YOUR DAY, BUT ALSO ON YOUR CROPS. START YOUR DAY OFF RIGHT WITH YOUR LOCAL  FORECAST DELIVERED RIGHT TO YOUR MOBILE PHONE, JUST TEXT WEATHER TO  31313 TO GET STARTED! ALRIGHT WHEN WE COME BACK, WE'LL HAVE A MARKET PREVIEW OF  TOMORROW'S BIG PROSPECTIVE PLANTINGS REPORT FROM USDA. DELECTABLE DELICACIES...ARE FILLING THE AIR AT THIS WISCONSIN PASTRY  SHOP--ALL THANKS TO A LITTLE HELP FROM REAL BUTTER. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN.  WITH A UNIQUELY POWERFUL  FORMULATION OF PROVEN INGREDIENTS, RESICORE GIVES YOU EXTRAORDINARY POWER OVER WEEDS.  LEARN MORE AT POWEROVERWEEDS.COM.

FLOOR OF THE CME
IN AGRIBUSINESS GRAINS FIGHT RED WHILE  LIVESTOCK BATTLE FOR GREEN--- LETS SEE WHERE MARKET'S CLOSED FROM THE FLOOR OF THE CME IN CHICAGO. REALLY NOT A LOT GOING ON OBVIOUSLY WE'RE EVERYBODY IS WAITING WITH  BAITED BREATH FOR THE REPORT ON FRIDAY I THINK THE OUT OF THE GROUP I  WOULD SAY THAT SOYBEANS ARE IN TROUBLE TRADING IN THE 9.70S I THINK  THEY'RE PROBABLY GOING TO SEE THE 9.40S I THINK CORN HAS HELD UP VERY  WELL AT THE 3.55 AND WHEATS HELD UP VERY WELL AT THE 4 4.20 4.25 LEVEL  NOW I'M GOING TO LOOK AT THIS AS A BUYING OPPORTUNITY COMING INTO THIS  REPORT AND IF THE REPORT IS GOING TO I DON'T KNOW IF IT WILL OR NOT BE I  THINK IT'S ALL BE PRICED IN I THINK THERE'S A LOT OF THINGS FAVORING A  STRONGER GRAIN MARKET THIS YEAR ONE BEING A SELLOFF IN THE STOCK  MARKET TWO BEING A WEAKER DOLLAR SO THERE'S A LOT OF THINGS FAVORING  GRAINS THIS YEAR SO I WOULD LOOK FOR A SPOT TO BUY HERE WE'VE GOT  CATTLE TRYING TO MOVE A LITTLE BIT HIGHER THE FAT CATTLE IS PRETTY MUCH  NEUTRAL UP IN BOTH SIDE UNCHANGED FEEDERS HAS ONCE AGAIN STARTED TO  EXPLODE AND THEY CONTINUE THIS BLOWOFF TYPE PATTERN WHICH IS ONLY  INDICATING THAT THERE'S PROBABLY GOING TO BE A MUCH BIGGER SELLOFF  COMING DOWN THE ROAD I THINK THERES BEEN A CASH SQUEEZE INVENTORIES  ARE UP AND I THINK THAT OVERALL THAT WE'RE SEEN AN ARTIFICAL MOVE BASED  ON SPECULATION I THINK THAT'S GOING TO COME TO AN END QUICKLY HERE WE  LOOK FOR PRETTY MUCH LOWER CROSSES PRICES ACROSS THE BOARD I DON'T  SEE I THINK THAT WE'VE ALREADY OVER PRICED MANY THINGS AND SAW WHAT  HAPPENED WITH HOGS AS THEY OVERPRICED FEB APRIL NOW WE'RE SEEING THE  OVER PRICE IN THE FAT AND THE FEEDER CATTLE THIS TODD HOROWITZ FROM  BUBBA TRADING DOT COM COMING FROM THE FLOOR OF THE CME GROUP IN  CHICAGO.

AGRIBUSINESS
DON ROSE U S COMMODITIES OUR GUEST HERE THE AGRIBUSINESS TODAY DON LET 'S TALK ABOUT THIS  GRAINS AND STOCKS REPORTS THAT ARE COMING OUT THIS IS ALWAYS SOMETHING TO PREPARE FOR AND  WATCH WHAT 'S ON YOUR RADAR WELL IT 'S A BIG REPORT YOU KNOW AND BE OUT IN IN THE MORNING ON  FRIDAY BUT WHEN YOU LOOK AT IT YOU KNOW WE TALK A LOT ABOUT THE ACRES WE HAVE IN THAT KIND OF  THE THE ONE EVERYBODY WANTS TO FOCUS ON LIKE SEEMS LIKE WE'VE BEEN TALKING ABOUT THIS FOR  MONTHS NOW WE HAVE AND THEN WE FORGET THE TALK ABOUT THE STOCKS IS WHAT WE HAVE FOR GRAIN  ON HAND AS OF MARCH FIRST WERE PUT IN PERSPECTIVE YOU KNOW YOU'RE PROBABLY GONNA BE  SOMEWHERE AROUND SEVEN FIFTEEN EIGHT HUNDRED MILLION BUSHELS OR MORE THAN A YEAR AGO SO  THAT 'S ABOVE YOUR PRICE OF SOYBEANS A HUNDRED TEN HUNDRED TWENTY MILLION BUSHELS MORE  NEW YEAR AGO WHEAT PROBABLY TO FIFTY TO SEVENTY MILLION BUSHELS MORE NEW YEAR AND ALSO THE  STOCKS ARE PROBABLY GONNA YOU KNOW BE SOMETHING THAT CAN BE A BIG FOCUS BUT THE ACRES ARE  ALSO GOING TO BE WATCHED VERY CLOSELY WITH THOSE CAN CHANGE SURE THEY CAN CHANGE AS IT IS  THERE. ANYTHING THAT YOU EXPECT AS FAR AS A SURPRISE GOES FROM THIS AND SEE WHERE WE'RE ANTICIPATING MORE ACRES OF SOYBEANS A FEW ACRES OF CORN. CAN THAT CHANGE IS WHEAT  SOMETHING THE WATCH I DON'T KNOW WELL YOU KNOW I THINK THE SURPRISE ON THE REPORT IS ACTUALLY  THE CORN ACRES AREN'T DOWN AS MUCH AS THEY ARE THE LAST TWO WERE NINETY FOUR MILLION. I THINK  IF YOU CLOSE TO NINETY THREE MILLION WILL THAT BE A SURPRISE I THINK THE OTHER SURPRISES.  EVERYBODY LOOKS FOR THE MIX TO CHANGE WELL REMEMBER WITH THE ACRES THAT WE HAVE A PREVENT  PLANT LAST YEAR WAS WAY DOWN. IF THOSE ACRES ARE DOWN AGAIN THIS YEAR YOU COULD OF SOYBEAN  ACRES ALSO UP AROUND EIGHTY EIGHT. EIGHTY NINE MILLION ACRES SO I GUESS WHAT I'M SAYING I WILL  BE CAREFUL FOR A SURPRISE. WE JUST HAVE MORE ACRES THAN YOU THINK. BUT YOU KNOW THE THE  REACTION TO THIS REPORTS OVER THE LAST THREE YEARS WE'VE BEEN ABOUT TWENTY CENTS HIGHER A DAY  AFTER THE REPORT ON SOYBEANS IN THE LAST TWO YEARS WERE DOWN THIRTEEN FOURTEEN CENTS IN THREE  YEARS AGO UP EIGHTEEN CENTS. SO WE'RE NOT HAVING THESE SIXTY CENTS US WINGS ON BEANS AND FORTY CENTS ON CORN LIKE WE DID IN CORN IS AT SEVEN DOLLARS FIVE YEARS AGO BUT IT DOESN'T MEAN  WE SHOULD BE PAYING ATTENTION. HE GOTTA PAY ATTENTION AT TODAY 'S LEVELS AND WITH THE  PROFITABILITY WHERE IT IS ALRIGHT APPRECIATE IT DON THANK YOU FOR BEING HERE IN THE BACK WITH  MORE AGDAY RIGHT AFTER THIS.  GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY. 

WEATHER
DAVID HARKER FILLING IN FOR MIKE HOFFMAN TODAY ARE THEY AS WE LOOK AT  THIS STORM THAT 'S WORKING ACROSS THE COUNTRY IS PUT DOWN SOME  SIGNIFICANT AMOUNT OF RAINFALL MY FOLKS IN NEW MEXICO HAVE GOTTEN  TWO INCHES YEAH AND THEY'VE BEEN FIGHTING WILDFIRES OUT THAT WAY TOO  AND HOPEFULLY MORE RELIEF IS ON THE WAY WE KNOW WE COULD CERTAINLY  USE IT THAT LOW PRESSURE SYSTEM MOVING OUT OF THE CENTRAL PLAINS HAS  ITS EYES SET ON THE GREAT LAKES AND YOU NOTICE ON THE MOISTURE AHEAD  OF THIS LOW PRESSURE SYSTEM THAT 'S A LOT MORE RAIN ON THE NORTHERN  SIDE OF THIS AND THE COLD FRONT COULD EVEN KICK OFF A SHOWER OR  THUNDERSTORM IN THE ATLANTIC COASTAL STATES AS WE LOOK THURSDAY INTO  FRIDAY IN WHICH YOU'LL NOTICE AS WE STOP THE ANIMATION AT SEVEN PM HERE  'S A LOW PRESSURE SYSTEM BASICALLY IN CENTRAL ILLINOIS AND MAKING ITS  WAY TOWARD INDIANA SNOW SHOWERS UP IN THE UPPER GREAT LAKES ALL THE  LOW PRESSURE SYSTEM IN THE ROCKY MOUNTAINS PRODUCING OVER A FOOT  OF SNOW IN SOME LOCATIONS PAIR OF HIGH PRESSURE SYSTEMS IN THE  CENTRAL PART OF THE COUNTRY KEEPING CONDITIONS SUNNY AND DRY  ESPECIALLY DOWN IN TEXAS WE KNOW THEY GOT SOME RELIEF FROM THOSE  RAIN SHOWERS WE JUST TALKED ABOUT HOWEVER IT COULD UNFORTUNATELY  BE A LITTLE DRIER THAN WE MAY WANT TO NOTICE AS WE GET TO FRIDAY MORNING THE HIGH PRESSURE SYSTEM TO THE SOUTH BASICALLY ALL OVER  HOUSTON MAKING THIS TRACK OFF TO THE EAST LOW PRESSURE SYSTEM OVER  THE GREAT LAKES IS PRODUCING SOME HEAVY AMOUNTS OF RAIN ANYWHERE  FROM LAKE ERIE ALL THE WAY DOWN INTO THE CAROLINAS AND THAT 'S NOT  GOING TO BODE WELL FOR AREAS THAT HAVE SEEN QUITE A BIT OF MOISTURE SO  FAR THIS SEASON LET 'S TAKE A LOOK AT WHAT WE GOT PRECIPITATION WISE  RAIN SHOWERS AND YOU NOTICE A LOT OF THE YELLOWS AND ORANGES  SIGNIFYING THE ONE TO TWO RANGE ON THE MAP THIS WILL OCCUR BASICALLY  THE CENTRAL PLAINS STATES ALL THE WAY THROUGH THE UPPER MIDWEST INTO  THE GREAT LAKES AND EVENTUALLY UP TO THE NORTHEAST AND THIS ACTUALLY  GOES INTO FRIDAY EVENING HIGH PRESSURE SYSTEMS WILL EVENTUALLY DRY  THOSE LOCATIONS EAST OF THE MISSISSIPPI RIVER OUT AND THEN OFF TO THE  WEST. IT 'S THE SNOW FLAKES. IN FACT IF YOU TAKE A LOOK AT THE MAP UP IN  WASHINGTON AND OREGON WE COULD SEE UP TO SIX MAYBE EVEN EIGHT  INCHES OF SNOW IN SOME LOCATIONS OF BOTH OF THOSE STATES. WHILE IT 'S IN  THE UPPER ELEVATIONS. THAT WE'RE TALKING OVER A FOOT OF SNOW LET'S  TALK TEMPERATURES THIS AFTERNOON NOTICE A GOOD PORTION OF THE  CENTRAL PLAIN STATES ESPECIALLY INTO THE NORTH WERE TALKING MINNESOTA ALL THE WAY DOWN THROUGH NEBRASKA INTO KANSAS FORTY 'S AS HIGH 'S ALL  GOOD STRETCH OF SIXTIES AND SEVENTIES ARE DOWN INTO ALABAMA GEORGIA AT SHOWING UP IN THE PANHANDLE OF  FLORIDAAND THAT CONTINUES DOWN  SOUTH IN SOUTHERN TEXAS AS WELL. OVERNIGHT LOWS ARE LIKELY TO DROP  BACK DOWN. INTO THE THIRTIES AND FORTIES AND THIS IS ACROSS A GOOD  PORTION OF THE COUNTRY UNLESS WELL YOU'RE IN THE DEEP SOUTH WE  NOTICE A LOT OF SIXTIES AND SEVENTIES SHOWING UP IS A LOOK AT THE JET  STREAM THAT LOW PRESSURE SYSTEM CONTINUES TO MAKE ITS WAY OFF TO  THE NORTH. AND IT 'S THE SYSTEM AFTER SYSTEM THAT CONTINUES TO PUSH INTO THE EASTERN PLAINS STATES AND EVENTUALLY INTO THE NORTHEAST OR  SOMETHING THAT WILL DEFINITELY WATCH OUT FOR IN THE DAYS AHEAD. LET 'S  TAKE A LOOK. WHAT WE'VE GOT CONDITION WISE OVER A COUPLE DIFFERENT  CITIES ALAMOSA COLORADO LOOKING FOR MOSTLY SUNNY CONDITIONS AND  FIFTY EIGHT DEGREES AS WE LOOK TO A BLOOMINGTON TEXAS WE'RE LOOKING  AT HIGHS NEAR SEVENTY EIGHT AND WATERTOWN NEW YORK SUNSHINE AND  FORTY FIVE DEGREES.

TEASE
WE'LL CHECK ON CATTLE MARKETS AND PRICE TRENDS IN OUR DROVERS TV  REPORT AFTER THE BREAK. AND LATER, THE LOVE OF REAL BUTTER IS HELPING THIS PASTRY SHOP BAKE A FANCY FRENCH FAVORITE.

DROVERS TV
A FRESH STERLING BEEF PROFIT TRACKER SHOWING MARGINS CONTINUING TO  PUSH HIGHER.CATTLE FEEDERS NOW SEEING PROFITS HIT 475- DOLLARS PER HEAD. IT'S THE 18TH STRAIGHT WEEK OF FEEDYARD PROFITABILITY. THE COST OF FINISHING A STEER IS ROUGHLY 600 DOLLARS LESS THAN IT WAS A  YEAR AGO. PACKER MARGINS WERE ALSO IN THE BLACK AT PLUS 164 DOLLARS PER HEAD. STERLING MARKETING SAYS COW CALF OWNERS ARE NOW THE ONES FEELING A  PINCH. THEY ESTIMATE MARGINS JUST SHY OF 80 DOLLARS PER COW FOR THE YEAR-- TWO YEARS AGO IT WAS OVER 400 DOLLARS PER COW. THE FIVE AREA CASH PRICE FOR FED CATTLE LAST WEEK HELD STATE AT 128 PER  HUNDRED. THAT'S UP ABOUT 10 DOLLARS IN THE PAST MONTH. THIS WEEK, HOWEVER, THE FED CATTLE EXCHANGE SEEING PRICES RANGE  FROM 126 TO 133-- THE  AVERAGE COMING IN A COUPLE DOLLARS LOWER THAN  LAST WEEK.

TEASE
REAL BUTTER IS HELPING THIS WISCONSIN PASTRY SHOP BAKE UP FAN  FAVORITES. WE'LL TAKE A TASTE NEXT ON AGDAY.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  SEE THE HARDEST WORKING  TRACTORS IN AG AT KUBOTA.COM.  OR VISIT YOUR LOCAL KUBOTA DEALER  TODAY.  THE USE OF REAL BUTTER IS FINDING FAVOR ONCE AGAIN IN U.S. KITCHENS.  AMERICANS ARE EXPECTED TO EAT THE MOST BUTTER IN 50 YEARS--940  THOUSAND METRIC TONS--TO BE EXACT-- UP 8 PERCENT THIS YEAR ALONE. AS  THE WISCONSIN DAIRY NEWS SHOWS US, A LOCAL PASTRY SHOP IS SHAPING UP A  FRENCH FAVORITE USING REAL BUTTER. IN THE WEE HOURS OF THE MORNING, THE STAFF AT BATCH BAKEHOUSE IN MADISON IS WORKING DILIGENTLY TO CREATE FRESH PASTRIES FOR THE  MORNING CROWD. "I COME EARLY IN THE MORNING, AND I MEAN LOOK AT THAT  SPREAD! IT'S…IT'S LIKE A PIECE OF ARTWORK. AND IT'S HERE FOR A MOMENT,  AND YOU GET TO LOOK AT IT, AND CHOOSE WHAT PART OF THAT ARTWORK YOU  WANT TO TAKE HOME WITH YOU!" "WE HAVE SEVERAL BAKES THROUGHOUT THE  DAY AND WE TRY TO MAKE THINGS COME OUT AS CLOSE TO OPENING AS  POSSIBLE WHEN PEOPLE WALK IN THE DOOR. I WOULD LOVE FOR EVERY PERSON  THAT WALKED IN THE DOOR TO BE ABLE TO GET A FRESH, HOT CROISSANT."  BATCH BAKEHOUSE USES BETWEEN 350 AND 400 POUNDS OF WISCONSIN  BUTTER EVERY WEEK! THE SPECIALTY OF THE HOUSE IS ITS BUTTER CROISSANTS, WHICH TAKE TWO DAYS TO MAKE. "THE MIXING AND ROBING THAT  YOU SAW THIS MORNING IS FOR TOMORROW. AND SOME OF THE FORMING THAT  YOU SAW IS FOR THIS MORNING OR LATER IN THE DAY. SO WE'RE ALWAYS IN  PROCESS FOR SOME PART OF THE CROISSANT."ALTHOUGH THEY MAKE MORE  THAN CROISSANTS, THESE TWISTED AND ROLLED PASTRIES ARE A FAVORITE OF  CUSTOMERS. AND USING FRESH LOCAL BUTTER HELPS MAKE A CONSISTENTLY  GREAT PRODUCT! "I THINK BUTTER MAKES THINGS TASTE AWESOME. I TRY TO  PUT IT IN AS MUCH STUFF AS I CAN, ON STUFF, IN STUFF, EVERYTHING. I THINK  FOR US TO BE SUCCESSFUL IN PASTRIES WE WOULD NOT DO WELL WITHOUT  BUTTER." ALL THE TASTY TREATS AT THE BAKERY ARE MADE FROM SCRATCH USING FAMILY  RECIPES AND FRESH, LOCAL INGREDIENTS. "MAKING THINGS THAT PEOPLE ENJOY COMING IN FOR, THAT YOU KNOW WILL BE  THEIR LITTLE TREAT IN THEIR DAY IT GIVES THEM SOMETHING TO LOOK FORWARD  TO. DOING THAT IS SOMETHING THAT I CAN FEEL GOOD ABOUT." AND THAT'S WISCONSIN DAIRY NEWS.>

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR DAVID HARKER AND ALL OF US AT AGDAYI'M CLINTON GRIFFITHS. HAVE A GREAT DAY. 

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