AgDay Daily Recap -May 15, 2015

May 15, 2015 02:57 AM
 

TODAY ON AGDAY
MAY 15, 2015

OPEN HEADLINES:
TODAY ON AGDAY CROPLAND VALUES ARE FALLING WHILE LOANS REQUESTS RISE.
PLUS, I'M MICHELLE ROOK. THE PUSH FOR TRADE AND TRADE PROMOTION AUTHORITY ARE ON HERE ON CAPITOL HILL. I'LL HAVE DETAILS TODAY ON AGDAY. IN THE PROFARMER PROFIT BRIEFING..."PEOPLE WERE LOOKING FOR ANY KIND OF INFLUENCE ON FEED DEMAND SIDE FROM THE AVIAN INFLUENZA OUTBREAK". IT'S A GREAT AMERICAN BARN FROM THE SHOW ME STATE. AND THE RISING TIDE OF GEODUCK FARMS ALONG THE COAST OF WASHINGTON STATE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO…
FED SURVEY:
GOOD MORNING I'M CLINTON GRIFFITHS. CROPLAND VALUES CONTINUE TO WEAKEN AS GRAIN PRICES STAGNATE...AND THAT'S OUR TOP STORY ON AGDAY.
ROOK TRADE AGENDA:
CONGRESS IS PUSHING HARD BEFORE THE MEMORIAL DAY RECESS TO PASS A TRADE PROMOTION AUTHORITY BILL, WHICH WOULD GIVE THE PRESIDENT FAST TRACK AUTHORITY.
AFTER FAILING TO GET THE BILL TO THE FLOOR OF THE SENATE--PRESIDENT OBAMA, SENATE DEMOCRATS AND REPUBLICANS MET AND ARE NOW MOVING FORWARD…FARM GROUPS, LAWMAKERS AND TRADE OFFICIALS ALL REMAIN OPTIMISTIC ABOUT TPA AND THE DOOR IT WILL OPEN FOR UPCOMING TRADE AGREEMENTS. AGDAY'S MICHELLE ROOK HAS THE UPDATE FROM WASHINGTON.
SORGHUM FEARS:
SPEAKING OF TRADE, USDA WARNING THAT CHINA COULD CURB IT'S APPETITE FOR U-S SORGHUM THIS YEAR. THE AGENCY'S SUPPLY AND DEMAND REPORT FORECASTING SORGHUM EXPORTS TO CHINA TO HIT A RECORD 9 MILLION TONNES.  BUT, USDA SAYS THE CHINESE GOVERNMENT IS LOOKING TO DIVERT OUTSIDE FEED COMPETITION...WHICH COULD IMPACT SHIPMENTS. RIGHT NOW IT'S CHEAPER FOR CHINESE BUYERS TO PURCHASE SORGHUM FROM THE U-S THAN IT IS TO BUY FROM NORTH CHINA AND SHIP IT TO SOUTH CHINA.
AL FLU VACCINES:
THANKS MIKE. AS THE NUMBER OF BIRDS IMPACTED BY AVIAN FLU APPROACHES 34 MILLION, THE INDUSTRY CONTINUES ITS SEARCH FOR WAYS TO BATTLE THE DISEASE.USDA SAYS IT'S WORKING ON A VACCINE, BUT IOWA BASED HARRIS VACCINES IS A STEP AHEAD.
TEASE:
WHEN WE COME BACK THE TEAM AT PROFARMER JOIN US TO DISCUSS GRAIN STOCKS FOLLOWING USDA'S LATEST SUPPLY DEMAND REPORT.
GAB INTRO:
 WHO SAYS BARNS NEED TO BE LIMITED TO CATTLE OR EQUIPMENT? AL PELL SHOWS US HOW 'WEDDED BLISS' CAN BEGIN - IN A GREAT AMERICAN BARN.
GAB TAG:
AND WE'D LOVE TO SHOWCASE YOUR BARN ON AGDAY AS WELL! SEND US A FEW PICTURES TO THE ADDRESS ON YOUR SCREEN. YOU CAN ALSO EMAIL THE PICS AND BARN INFO TO "GREAT AMERICAN BARNS AT AGDAY DOT COM".
ITC GEODUCKS:
DESPITE HAVING THE WORD "DUCK" IN ITS NAME, GOOEY-DUCKS HAVE NOTHING TO DO WITH THE FLYING FOWL. INSTEAD THEY ARE A RATHER ODD-LOOKING GIANT CLAM. AND DEMAND FOR THE MOLLUSK IS REALLY TAKING-OFF IN CHINA. AS EMILY ROSEMAN REPORTS SHELLFISH FARMERS IN THE PACIFIC NORTHWEST HOPE THIS DEMAND HELPS CREATE A GOOEY-"DUCK DYNASTY".
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

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