AgDay Daily Recap -March 4, 2015

March 4, 2015 02:57 AM
 

TODAY ON AGDAY
MARCH 4, 2015

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - U-S AG GROUPS PUSH TO GET MORE FARM PRODUCTS TO CUBA...PLUS, IT'S BEEN A ROUGH WINTER FOR A LARGE PORTION OF THE COUNTRY. HOW IS THE NATION'S WINTER WHEAT CROP SURVIVING IN AGRIBUSINESS...HARVEST UPDATES FROM BRAZIL, AND TURNING BACK THE CLOCK ON AGING THANKS TO HELP FROM TENNESSEE EXTENSION. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO…
US AG CUBA: GOOD MORNING I'M CLINTON GRIFFITHS. AS THE WHITE HOUSE PUSHES TO LIFT A 50 YEAR OLD TRADE EMBARGO AGAINST CUBA, AG GROUPS IN THIS COUNTRY SEE MARKET POTENTIAL THAT THEY DON'T WANT TO MISS...AND THAT'S OUR TOP STORY ON AGDAY.
US AG PRODUCTS:
ACCORDING TO DATA FROM THE U-S-CUBA TRADE AND ECONOMIC COUNCIL, THE TOP AG PRODUCT FROM THE U-S TO CUBA IS FROZEN CHICKEN. IN 2013, THE U-S SHIPPED ABOUT 145 MILLION DOLLARS WORTH OF FROZEN CHICKEN TO CUBA. FROZEN CHICKEN REPRESENTS 41-PERCENT OF TOTAL U-S EXPORTS TO CUBA. THE NUMBER TWO PRODUCT IS SOYBEAN MEAL - WHICH IS USED FOR ANIMAL FEED. IT MAKES-UP ABOUT 20-PERCENT OF TOTAL U-S EXPORTS TO CUBA. CORN IS NUMBER THREE AT 16 PERCENT.
US GRAINS COUNCIL:
AMERICAN BUSINESS WANTS BACK INTO THE GAME, SAYING THEIR PROXIMITY TO THE ISLAND MAKES THEM THE BEST CHOICE FOR INVESTMENT IN CUBA'S FOOD INDUSTRY. THE U-S TRADE EMBARGO HAS FORCED CUBA TO SHIFT ITS FOCUS TO EUROPE, AND LATIN AMERICAN COUNTRIES LIKE ARGENTINA AND BRAZIL FOR BASIC AGRICULTURAL PRODUCTS LIKE SOYBEANS, CORN AND WHEAT. U.S. GRAINS COUNCIL PRESIDENT; TOM SLEIGHT SAYS IF THE U.S. HAD 100 PERCENT MARKET SHARE TO CUBA, THEY WOULD BE OUR 12TH LARGEST MARKET FOR CORN.
SNOW SURVEY:
THANKS MIKE. SNOW SURVEYORS IN CALIFORNIA RETURNED TO THE SIERRA NEVADA MOUNTAINS YESTERDAY TO GET AN IDEA HOW MUCH MOISTURE IS IN THE SNOWPACK. EMPLOYEES FOR THE CALIFORNIA DEPARTMENT OF WATER RESOURCES CONDUCT THE MEASUREMENTS ONCE A MONTH DURING THE SNOWY SEASON. THAT MEASUREMENT REVEALS HOW MUCH SNOW IS LIKELY TO MELT AND RUN-OFF INTO THE STATES' WATER RESERVOIRS AND CANALS. THE MOST RECENT ASSESSMENT DOES NOT IMPROVE THE OUTLOOK FOR WATER CONTRACTORS. DURING THE PREVIOUS MEASUREMENTS, SURVEYORS FOUND A BELOW-NORMAL SNOWPACK, RELATIVE TO HISTORICAL AVERAGES,
TEASE:
PLENTY MORE AHEAD INCLUDING AN UPDATE ON SOYBEAN HARVEST IN BRAZIL…CHINA'S BANKING REGULATORS SAY IT'S TIME TO BOOST THE DOMESTIC FARM ECONOMY. CATTLE RUSTLERS GET A HUGE HAUL IN THE SOUTHERN PLAINS.
CHINA AG INVESTMENT:
IN AGRIBUSINESS TODAY, CHINA'S BANKING REGULATOR IS URGING BANKS IN THE COUNTRY TO FOCUS MORE MONEY ON THE AG SECTOR. THE CHINA BANKING REGULATORY COMMISSION SAYS COMMERCIAL BANKS NEED TO INCREASE THE NUMBER OF LOANS AND BONDS TO RURAL REGIONS IN AN EFFORT TO MODERNIZED AGRICULTURE, INFRASTRUCTURE AND WATER CONSERVATON PROJECTS. IT'S ALSO ENCOURAGING BANKS TO SET UP BRANCHES IN THESE RURAL AREAS. CURRENTLY CHINA FEEDS ABOUT A FIFTH OF THE WORLD'S POPULATION ON 10 PERCENT OF ARABLE LAND.
ANALYSIS INTRO:
WHILE AMERICAN FARMERS SIT AND WAIT ON SPRING, IT'S HARVEST TIME IN SOUTH AMERICA.  TYNE MORGAN ASKS ABOUT PROGRESS BRINGING IN THE GRAIN IN THIS MORNING'S ANALYSIS.
TEASE:
JUST AHEAD A BIG FOOD COMPANY SAYS IT'S MISSING HUNDRED OF CATTLE, AND THE PICTURE IS ROSEY FOR RESTAURANTS TO START 2015, AND LATER...MR. CHUCK DENNEY.
BRAUMS CATTLE:
WE'VE HEARD OF CATTLE RUSTLERS STEALING A FEW HEAD AT A TIME, BUT A FOOD COMPANY IN THE SOUTHERN PLAINS SAYS IT'S MISSING 11-HUNDRED HEAD FROM NORTH TEXAS.
RESTAURANT OUTLOOK:
THE RESTAURANT INDUSTRY IS EXCITED ABOUT HOW 2015 IS STARTING. IN THE NATIONAL RESTAURANT ASSOCIATION SAYS JANUARY SALES CONTINUE TO SHOW EXPANSION. IT'S PERFORMANCE INDEX CONTINUING TO LEAN THAT DIRECTION FOR THE FOURTH CONSECUTIVE MONTH. THE INDUSTRY ADDED 34-THOUSAND JOBS IN JANUARY ALONE. RESEARCHERS SAY CUSTOMER TRAFFIC AND SAME STORE SALES WERE UP AND 60 PERCENT OF OPERATORS ARE FORECASTING IMPROVING SALES OVER THE NEXT 6 MONTHS.
COFFEE STUDY:
AND COFFEE DRINKERS MAY WANT TO HAVE AN EXTRA CUP. ACCORDING TO A NEW STUDY IN KOREA, PEOPLE WHO DRINK THREE TO FIVE CUPS OF COFFEE A DAY HAD A LOWER RISK OF CALCIUM DEPOSITS IN THEIR CORONARY ARTIES...WHICH CAN BE AN IDICATOR OF HEART DISEASE. WHILE THOSE THAT DRANK THE MOST HAD THE LOWEST RISK OF DEVELOPING CLOGGED ARTIES, JUST HAVING ONE A DAY MADE AN IMPACT.
ITC TURN BACK THE CLOCK:
THIS WEEKEND IT'LL BE TIME TO PUSH YOUR CLOCKS AHEAD ONE HOUR AS WE SPRING FORWARD. LIKEWISE AS WE GET UP IN YEARS, SOME OF US WISH WE COULD "TURN BACK THE CLOCK" AND FEEL YOUNGER AGAIN. ACTUALLY YOU CAN DO THAT - SORT OF - BY IMPROVING YOUR OVERALL FITNESS AND HEALTH. IN THIS REPORT FROM THE U-T INSTITUTE OF AGRICULTURE, CHUCK DENNEY HAS MORE ON EXERCISE AND THE BENEFITS OF STRENGTH TRAINING FOR THE ELDERLY.
CLOSE:
U-T EXTENSION EXPERTS SAY WORKING OUT AND IMPROVING YOUR PHYSICAL HEALTH IS A GOOD WAY TO PROTECT AGAINST MENTAL AGING CONCERNS SUCH AS DEMENTIA. THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

 

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