AgDay Daily Recap -May 24, 2017

May 24, 2017 06:00 AM
 

TODAY ON AGDAY
MAY 23, 2017


HEADLINES
CHECKING PLANTING PROGRESS AFTER ANOTHER SOGGY WEEK. IN  AGRIBUSINESS...KEEPING YOUR HEAD IN A WEATHER MARKET. PLUS, THE LATEST MILK PRODUCTION NUMBERS SHOWS OUTPUT CONTINUES TO  CLIMB. AND A HELPING HOOF HAS KINDNESS REPAID-- AFTER YEARS OF SERVICE.  AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

CROP PROGRESS AND WET WEATHER
NO THIS ISN'T A PRE-HOLIDAY WARM UP AT THE LAKE-- IT'S A FARM FIELD IN  NEBRASKA...NOTICE THE PIVOT SPRINKLER IN THE BACKGROUND. FOLKS HERE GETTING NEARLY 5 INCHES OF RAIN OVER THE WEEKEND. GOOD MORNING I'M CLINTON GRIFFITHS. RAIN CONTINUES TO FALL ACROSS  LARGE SWATHS OF THE MIDWEST AS FARMERS RUSH TO FINISH UP PLANTING OR  REPLANT FIELDS DROWN OUT IN RECENT RAINS. THIS IS A MAP FROM THE NATIONAL WEATHER SERVICE SHOWING 30 DAY TOTAL  ACCUMULATION OF PRECIPITATION. AS YOU CAN SEE SINCE APRIL 21ST, BIG PARTS OF THE MIDWEST HAVE JUST BEEN  INNUNDATED WITH RAIN. THE RED RANGES FROM 2 TO 4.5 INCHES AND THE PURPLE IS ANYWHERE FROM  10 TO 25 INCHES...IN THE LAST 30 DAYS.  DESPITE THAT CORN PLANTING CONTINUES TO PROGRESS. THE LATEST CROP PROGRESS REPORT SHOWING CORN PLANTING IS NOW AT 84  PERCENT COMPLETE. THAT'S ONE POINTS BEHIND THE FIVE YEAR AVERAGE. THE BIGGEST DELAYS ARE IN KANSAS - 16 POINTS BEHIND AND PENNSYLVANIA -- TEN POINTS BEHIND. DEREK BLAIR FROM MARION, INDIANA SAYS WET IS AN UNDERSTATEMENT FROM  ROUGHLY 3.5 INCHES OF RAIN LAST WEEKEND. CURRENTLY INDIANA IS 76%  PLANTED. THAT'S TWO POINTS BEHIND THE FIVE YEAR AVERAGE. CRAIG SWENSON IN RIVER FALLS, WISCONSIN HAS ONE TRACTOR STUCK IN THE  FIELD. HIS REGION RECEIVED 12 INCHES WITHIN THE LAST WEEK AND 20 INCHES  TOTAL SINCE EASTER. -- THE DAIRY STATE IS 65% PLANTED. IT'S USUALLY 72% BY  NOW. AND KURT HILL LOCATED RIGHT ON THE ILLINOIS-INDIANA LINE SAYS HE HAD OVER  10 INCHES OF RAIN STARTED APRIL 26 - HE TORE UP AND REPLANTED OVER 800 ACRES OF  CORN LAST WEEK BEFORE THIS RAIN FELL AGAIN IN HIS AREA. REPLANTS DON'T  SHOW UP THE CROP PROGRESS REPORT FROM USDA BUT SO FAR 89% OF  ILLINOIS CORN IS IN THE GROUND. 48% OF SOYBEANS. NATIONALLY SOYBEANS ARE 53% PLANTED. THAT'S A POINT AHEAD OF THE FIVE  YEAR AVERAGE. 19% HAS EMERGED  AND THE NATION'S WINTER WHEAT CROP CONTINUES TO PROGRESS. CURRENTLY 52% OF THE CROP IS RATED GOOD TO EXCELLENT. 72% HAS HEADED.IN TEXAS 98% OF THE WHEAT CROP IS NOW HEADED.....7 POINTS AHEAD OF THE  FIVE YEAR AVERAGE.

LIGHTHIZER AND TRADE
U-S TRADE REPRESENTATIVE ROBERT LIGHTHIZER SAYS THE U-S REMAINS  "COMMITTED" TO THE ASIA-PACIFIC REGION, EVEN THOUGH IT HAS NO INTEREST  IN THE TRANS PACIFIC PARTNERSHIP OR T-P-P. LIGHTHIZER MADE HIS COMMENTS DURING AYE-PEC - A JOINT CONFERENCE OF  ASIAN PACIFIC NATIONS WITH ECONOMIC TIES. THE GROUP MET THIS WEEKEND  IN VIETNAM. LIGHTHIZER REITERATED PRESIDENT TRUMP'S STANCE ON BILATERAL TRADE  AGREEMENTS WITH INDIVIDUAL COUNTRIES. ROBERT LIGHTHIZER/USTR: "WE ARE BY NO MEANS PULLING BACK AND THE TPP 11 CAN  MAKE THEIR OWN DECISIONS, THE US MAKES IT DECISIONS, THAT'S WHAT SOVEREIGN NATIONS DO, BUT  WE CERTAINLY EXPECT TO STAY ENGAGED AND I BELIEVE AT SOME POINT, TO HAVE A SERIES OF BILATERAL  AGREEMENTS WITH WILLING PARTNERS IN THIS PART OF THE WORLD."> THE 11 REMAINING COUNTRIES IN THE T-P-P SAY THEY ARE COMMITTED TO MOVE  AHEAD WITH A FREE TRADE PACT WITHOUT THE UNITED STATES.  BUT IN ITS CURRENT FORM, THE TPP REQUIRES U-S PARTICIPATION BEFORE IT  CAN GO INTO EFFECT. THAT MEANS THE REMAINING COUNTRIES MUST CHANGE  THE RULES FOR ANY DEAL TO GO AHEAD. THE GROUP SAY THE TRADE PACT IS OPEN TO OTHER COUNTRIES AS LONG AS  THEY MEET THE STANDARDS.

BRANSTAD TO BE CONFIRMED
IOWA GOVERNOR TERRY BRANSTAD IS SET TO BECOME THE NEXT U-S  AMBASSADOR TO CHINA.  BRANSTAD NEEDING 50 VOTES IN THE SENATE TO  RECEIVE CONFIRMATION. AND THAT MAY BE THE EASIEST PART OF THE JOB. AS AMBASSADOR, BRANSTAD IS THE LIAISON BETWEEN PRESIDENT TRUMP AND  CHINESE PRESIDENT XI JINPING. XI AND BRANSTAD ARE LONG-TIME FRIENDS. BRANSTAD HOSTED THE CHINESE  LEADER WHEN HE VISITED IOWA.

TRUMP’S BUDGET PROPOSAL
A NEW FARM BILL WILL LIKELY NEED TO FIT WITHIN A BUDGET.  A BUDGET PLAN FROM THE PRESIDENT IS EXPECTED IN CONGRESS TUESDAY.BLOOMBERG NEWS SAYS ITS LIKELY TO INCLUDE STEEP CUTS TO FARM  SUBSIDIES.  THE 2018 BUDGET PROPOSAL, WHICH WOULD BEGIN THE PROCESS OF  BALANCING THE BUDGET WITHIN TEN YEARS, WOULD MAKE CUTS TO MANDATORY  SPENDING ON AN ARRAY OF SOCIAL PROGRAMS WHILE SPARING THE SOCIAL  SECURITY AND MEDICARE PROGRAMS.  THE BUDGET PROPOSAL ALSO TO INCLUDE A PROPOSAL TO OVERHAUL THE TAX  CODE. BUT, MANY SUSPECT TAX CUTS WILL BE OFFSET BY THE ELIMINATION OF CREDITS  AND DEDUCTIONS. SENATE LEADER MITCH MCCONNELL OF KENTUCKY SIGNALED THAT LAWMAKERS  WOULD SEEK SUBSTANTIAL CHANGES TO THE PROPOSAL, CALLING IT A  "PROCESS OF NEGOTIATION." AND JUST A PROPOSAL. ALSO IN WASHINGTON, THE SENATE AG COMMITTEE WILL HOLD A HEARING ON  THE FARM ECONOMY THURSDAY. THE HEARING IS RECOGNIZED AS THE START OF THE SENATE AGRICULTURE  COMMITTEE'S FARM BILL HEARINGS.  RANKING DEMOCRAT STABENOW SAYS THE COMMITTEE "MUST UNDERSTAND  THE CURRENT STATE OF THE FARM AND RURAL ECONOMY BECAUSE OUR  FARMERS AND FAMILIES ARE ALREADY DOING MORE WITH LESS." 

CROP COMMENTS
THERE ARE SOME AREAS WHERE LUCKILY RAIN DIDN'T COME THEIR WAY. MIKE  HOFFMAN HAS A LOOK IN THIS MORNING'S CROP COMMENTS. MIKE.  GOOD MORNING, CLINTON.  MIKE DILLION FROM BREMER COUNTY, IOWA SENDING US A PICTURE OF AN  EMERGING CROP- BUT LIKE EVERYONE ELSE, HE NEEDS SOME SUN TO DRY OUT  THE SOIL.  MIKE SAYS HIS AREA IS WET BUT IT'S IN CONSIDERABLY BETTER SHAPE THAN  MANY PARTS OF THE COUNTRY. HE FEELS VERY FORTUNATE.  JOSH SCHICK IN GRIDLEY, ILLINOIS SAYS HE'S THANKFUL  SOYBEANS LOOKS  GOOD FOR THE MOST PART IN HIS AREA, HE SAYS THE CORN IS THE CROP WHICH  LOOKS VARIABLE.AND NOW HERE ARE SOME HOMETOWN TEMPS. THIS IS MACHINERY PETE - INVITING YOU TO CHECK OUT MY NEW WEBSITE - MACHINERYPETE.COM - OFFERING FARMERS TENS OF THOUSANDS OF USED EQUIPMENT LISTINGS TO SEARCH.  LET MACHINERY  PETE HELP YOU FIND AND VALUE YOUR NEXT PIECE OF USED EQUIPMENT. 

TEASE
WHEN WE COME BACK, TIPS ON TAKING ADVANTAGE OF A WEATHER SCARE  MARKET...WITH BOB THE BEAR UTTERBACK. PLUS, SERVICE ANIMALS - USUALLY DOGS - HELP PEOPLE WITH CERTAIN  CHALLENGES. BUT IN THIS IT'S A HORSE! AND THAT'S NOT THE ONLY THING DIFFERENT ABOUT THIS CURIOUS COUPLE. AN  INTERESTING TWIST - LATER ON IN THE COUNTRY. GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY. 

FLOOR OF THE CME
IN AGRIBUSINESS MANY COMMODITIES GETTING A BOUNCE ON MONDAY--LOTS OF  GREEN ON THE BOARD...BUT HOW DID THINGS CLOSE--FOR THAT WE HEAD TO  THE FLOOR OF THE CME IN CHICAGO. HI. GRAIN MARKETS GENERALLY TRADING FIRMER HERE TODAY. WE'VE ENTERED AN INDOOR WEATHER MARKETS. MARKETS REACTING TO THE WET WEATHER THATWE SAW IN THE MIDWEST OVER THE WEEKEND AND FORECAST FOR MORE WET WEATHER TO HIT THE GREAT PLAINS AND THE MIDWEST OVER THE COURSE OF THIS WEEK. AND THE EXPORT INSPECTIONS REALLY STRONG ESPECIALLY FOR CORN SO THAT DEMAND IS HOLDING TOGETHER REALLY WELL. AND THE PLANTING PACE HAS BEEN SLOW. NOT ONLY HAS PLANTING PACE BEEN SLOW, THERE'S BEEN PLENTY OF RAIN AROUND. SO THERE'S GOING TO HAVE TO BE SOME VERY SIGNIFICANT RE PLANTING TO BE DONE. AND ONE WONDERS ABOUT HOW THE EMERGENCE IS UH, MANY FARMERS WERE REPORTING THAT FIELDS REALLY DO NOT LOOK THAT GOOD....VERY VERY YELLOW. I HAVE MOST DEFINITELY IN NEED OF SOME SUN AND WARM TEMPERATURES TO REALLY GET THINGS GO ON. HOGS RIGHT NOW ARE TRADING RIGHT NEAR CONTRACT EYES. THEY RELEASED THE RECENT HIGHS AND THE CATTLE FIND TRYING TO FIND A SUPPORT SHELL FRIDAY AND THROUGH HERE FOR ANOTHER RUN HIGHER BEEF PRICES AND CASH CATTLE PRICES DO REMAIN STRONG ENOUGH THAT THEIR FUTURES CAN START TO TURN HIGHER IN THE CATTLE I THINK WE'LL FIND OUT THIS AFTERNOON WITH THE COLD STORAGE REPORT IF THE PORK MARKET CAN HOLD TOGETHER WITH THE STRONG DEMAND IT 'S BEEN SEEING PULL THE HOG PRICES HIGHER ALONG WITH IT. THANKS VERY MUCH THIS IS JACK SCOVILLE VICE PRESIDENT PRICE FUTURES GROUP HERE ON THE CME GROUP FLOOR AND COMMENTS FOR THE MARKETS.

AGRIBUSINESS
BOB UTTERBACK UTTERBACK MARKETING OUR GUEST HERE AT THE AGRIBUSINESS DESK TODAY BOB AS WE  LOOK AT THE NEXT FEW WEEKS TO TWO MONTHS WE ALWAYS HAVE THIS IDEA OF A WEATHER SCARE COULD  WEATHER IMPACT THE CROP WE'RE GROWING IN THE FIELD. BUT HOW DO YOU TAKE YOURSELF EMOTIONALLY  OUT OF THIS SITUATION AND BE OBJECTIVE ALMOST LIKE I HAVE AN OUT OF BODY EXPERIENCE FOR THE FIRST  ONE. IS THIS WHITE HERE WAS THERE FOR A REASON. HE HUNG IT BECAUSE I'VE GONE THROUGH A FEW OF  THEM AND THAT THERE 'S SOME COMMONALITY OF IT YET. WE ALWAYS THINK THIS BULL MARKET 'S  DIFFERENT FROM THE PASSABLE MARKETS IN A DIFFERENT PRESS TIME. IT 'S GONNA BE WORSE. AND IT 'S  ALMOST ALWAYS THAT THE PRICE EXPECTATION IS NEVER REALIZED. BUT YOU HAVE THE DAMAGE WITH  THE PRICES IS NEVER A SPOT. SO YOU GOT TO TAKE ADVANTAGE OF THE EVENT WHICH YOU WANT IT DON'T  BE IN TOO EARLY. IN SELLING SO I THINK FIRST YOU LOOK UP TO SPREADS GIVE THE BULLS GET BULLISH THAT  'S WE SHOULD HE GO FROM THAT ROLE DOES GOOD DECENT CARRY PRESENT A START GO BULLISH. THAT 'S  VERY POSITIVE SIGN. YOU LOOK A TECHNICAL INDICATORS. THE JOB. I'M OPEN ENTRANTS THOUGH WHEN  YOU HAVE A BIG REVERSAL DAY IN A GAP WAS HARDEST THING IS HE IS I HAVE A BIG VOLUME AND A  GAP. THE MARKET GOES UP AND I WANT TO SELL THE PREVIOUS WEEK 'S HIGH. YOU GOTTA HAVE THAT  TARGET AND PLAY HARD AND I THINK THE THIRD TO LAWYERS YOU GOTTA STAY WELL. I THINK STILL AWAY FROM  CASH OR SHORT FUTURES BECAUSE THEY'RE EMOTIONALLY THEY CUT YOUR EQUITY EXPOSURE SO HIGH THAT  THE FEAR OF MAKING DECISIONS WERE HIGH. SO YOU GOTTA GO. THE TOOL ALLOWS YOU TO BE MADE IN  TEEN EMOTIONAL BALANCE AND I THINK THAT 'S MORE THAN THE MONEY PUTS ONCE THE TRAIN GOES  SELLING FUTURE. SELLING CASH IS A GREAT TOOL SO I THINK YOU SELL SCALE UP AS YOU GO IN IT YOU HIT  YOUR PROFIT TARGET SHARES AND BUYING IN THE MONEY PUTS RATHER PUT SOME OF THE MARKET UNTIL  MARKET AT ONCE A MARKET TOP TEN YEAR OLD PUTS INTO A SHORT FUTURES OR CASH TRADE IS A WAY TO  MANAGE IT AND MAKE THIS DISH ISN'T TECHNICALLY BASED ON A GOOD RETURN ON INVESTMENT. BUT  MORE TECHNICALLY THAN FUN FUNDAMENTALY I DON'T THINK YOU CAN OUTGUESS THE MARKET. NO NO  WELL WELL FOR MAKING THAT EMOTIONAL SCENE YOU KNOW GO BACK A LOOK AT EIGHTY EIGHT GO BACK  NINETY SIX. IF YOU LOOK IN TWO THOUSAND TWELVE THEY ALL HAVE COMMON THREADS. IT GOES HIGHER  ON SHORT TERM AND THEN ONCE IT STARTS TO BREAK IT IS A CHOO CHOO TRAIN TO TRACK ALL RIGHT BOB  SAGE ADVICE WILL BE BACK FOR WITH AGDAY IN JUST A MINUTE.  TO TALK WITH BOB ONE ON ONE CALL UTTERBACK MARKETING SERVICES TOLL  FREE AT 800-832-1488. AGDAY - BROUGHT TO YOU BY BALCHEM.  STANDING BESIDE YOU FOR 50 YEARS - BRINGING REAL  RESULTS TO THE DAIRY INDUSTRY.  NOW THROUGH THE REAL FACES OF DAIRY PROJECT, YOU CAN SHARE  YOUR STORY AT REALFACESOFDAIRY.COM.

WEATHER
WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN. MIKE LOOKS LIKE THOSE  SOUTHERN STRING OF STATES IN A PRETTY GOOD RAIN RIGHT NOW. THIS IS SOME GOOD NEWS. I THINK FOR  LOTS OF UM OUR MODEL SHOWING SOME GOOD STUFF GET IN THE NORTHERN FLORIDA AS WELL. SO LET 'SCHECK OUT THE MOVEMENT HERE AND AS YOU CAN SEE THE AREA OF LOW PRESSURE MOVING THROUGH  THE GULF THAT 'S THE WETTEST ONE THAT HAS A LOAD GULF OF MEXICO MOISTURE WITH IT DRAWING IN  ATLANTIC OYSTERS WELL. SO AS PHILIPPE PUTTING DOWN A LOT OF RAIN OVER THE NEXT A TWELVE TO  TWENTY FOUR HOURS THE ONE IN THE MIDWEST IS JUST HAVE A PESKY RAIN SHOWERS. A FEW SPOTTY  THUNDERSTORMS WITH THAT ONE AS WELL. BUT IT DOES NOT QUITE AS MUCH MOISTURE AS THE SOUTHER ONE THE ONE IN CANADA IS GENERALLY FAIRLY LIGHT MOVING EAST AND THAT WAS ALREADY OFF SHORE. SO  LET 'S UP WITH THE MAPS INTO MOTION A LITTLE BIT MORE FOR TONIGHT INTO TOMORROW MORNING VERY WET  THROUGH THE MID ATLANTIC AS WE HEAD THROUGH THERE INTO TOMORROW MORNING IN A COLD FRONT GETS  IN THE NORTHERN FLORIDA. THIS SHOULD BE PRODUCING SOME HEAVIER THUNDERSTORMS AS IT MOVES  INTO THOSE AREAS. SO A LOT OF THAT DROUGHT LOT OF THAT SEVERE DROUGHT AREA SO THAT COULD BE  SOME GOOD NEWS IS WELL VERY SLOW MOVING SYSTEM HERE. BUT ONCE THIS FIRST ONE GETS OUT OF  THE WAY YOU'LL NOTICE IS FREEDOM AND DROPS IT AND IT 'S GOING TO BE SITTING THERE FOR AWHILE OVER  THE TENNESSEE VALLEY PRODUCING SOME AREAS OF RAIN SO THE SOUTHEAST PROBABLY GET SOME  MORE OUT OF THE SYSTEM HERE. THE WESTERN SYSTEM IN AND TALK TOO MUCH ABOUT. BUT IT'LL BE  MOVING FROM OFFSHORE TO AN EASTERN MONTANA NORTHWESTERN WYOMING BY LATER IN THE DAY  TOMORROW. THERE IS A PRESERVATIONIST LITTLE OVER THE PAST TWENTY FOUR HOUR URGING ALREADY SEE  SOME HEAVY AMOUNTS FROM SOUTHEASTERN TEXAS IN THE SOUTHERN LOUISIANA PARTS OF THE  SOUTHEAST AS WELL. ADDING IN THE NEXT THIRTY SIX HOURS. LOOK AT THE AMOUNT OF WIDESPREAD  AREAS OF TWO TWO THREE. MAYBE FOUR FIVE INCHES OF RAIN ARE PARTS OF THE SOUTHEAST PARTS OF  GEORGIA. THE CAROLINAS ESPECIALLY SOUTH CAROLINA AND EVEN THE BEST IN THE NORTHERN FLORIDA AGAIN IN A LITTLE BIT INTO THE ACTION IS WELL. SNOWFALL BARELY NEED TO USE THIS MAP. YOU'LL NOTICE A LITTLE BETTER MORE SHOWING UP OVER THE NEXT THIRTY SIX HOURS IN THE HIGHER ELEVATIONS OF WESTERN  CANADA BUT NOT TOO MUCH ELSE WHERE THEY'RE THE HIGH JUMPERS. THIS AFTERNOON SEVENTY 'S FROM  AH THE SOUTHERN GREAT LAKES ALL THE WAY INTO THE SOUTHEAST. NOW IN THE FLORIDA YOU'RE TALKING  EIGHTIES. BUT EVEN BEHIND THESE FRONTS YOU'LL NOTICE THE UPPER FIFTIES LOWER SIXTIES WHICH IS  PLEASANT FOR THIS TIME OF THE YEAR LOWS TONIGHT IT SHOULD STAY ABOVE THE YEAR. THE FREEZING  RANGE. ALTHOUGH A FROSTED NOT A QUESTION MAYBE THE BLACK HILLS OF SOUTH DAKOTA. BUT FOR THE  MOST PART WILL STAY ABOVE THAT RANGE ENDING A C TOMORROW AFTERNOON AND MORE THE SAME.  ALTHOUGH SOME SIXTIES DO KIND OF DEVELOPED THROUGH THE OHIO RIVER VALLEY WITH THE WARMER  STUFF A LITTLE FARTHER SOUTH TAKING A LOOK AT THE JET STREAM THERE 'S THE TROUGH TO COME A DAY EXIT  IN AS WE HEAD INTO THE FIRST PART OF THIS HOLIDAY WEEKEND THAT SHIFTING FARTHER NORTHEAST THAN  WE ORIGINALLY THOUGHT AND THERE 'S ANOTHER CUT OFF FOR DROPPING IN FOR NEXT WEEK EARLY PART OF  THE WEEK INTO THE WESTERN GREAT LAKES. JUST A STRANGE WEATHER PATTERN FOR THIS TIME OF THE  YEAR. THAT 'S A LOOK ACROSS THE COUNTRY NOW LET 'S TAKE A LOOK AT SOME LOCAL FORECASTS FIRST OF ALL  FOR TUCUMCARI NEW MEXICO PLEASANT WITH CLOUDS AND SOME SUNSHINE HIGH NEAR SEVENTY  DEGREES MOORHEAD MINNESOTA. CLOUDY WERE TIMES OF RAIN AND DRIZZLE HIGH JUST FIFTY SEVEN AND  NASHVILLE. TENNESSEE ASIDE AND THEN INCREASING CLOUDS. MAYBE A THUNDERSTORM LATE HIGH OF  EIGHTY. WHEN

TEASE
WE COME BACK, OUR WEEKLY DAIRY REPORT INCLUDING A LOOK AT THE  LATEST PRODUCTION DATA FROM APRIL. ONE IS BLIND. THE OTHER HAS DEBILITATING MEDICAL CHALLENGES. SO - WHO IS PROVIDING THE STEADY HAND? A SPECIAL BOND - LATER ON IN THE COUNTRY.

DAIRY REPORT
MILK PRODUCTION IN THE 23 MAJOR STATES DURING APRIL TOTALED 17-POINT- TWO BILLION POUNDS, UP TWO- PERCENT FROM APRIL 2016.  PRODUCTION PER COW AVERAGE 19-HUNDRED AND 67 POUNDS FOR APRIL, 20  POUNDS HIGHER THAN A YEAR AGO. USDA SAYS THIS IS THE HIGHEST  PRODUCTION PER COW FOR THE MONTH OF APRIL SINCE THE REPORT BEGAN IN  2003. AND THE NUMBER OF MILK COWS ON FARMS EIGHT-POINT-SEVEN MILLION HEAD.  THAT'S 81-THOUSAND MORE THAN APRIL 2016. STATE BY STATE - TEXAS HAD THE BIGGEST GAINS OVER A YEAR AGO. IT'S UP 12- POINT-EIGHT PERCENT....TOPPING A BILLION POUNDS. ALSO FROM OUR PARTNERS AT MILK-- BY THE END OF THE YEAR MOST MAJOR  DAIRY PROCESSORS IN THE UPPER MIDWEST WILL BE R-BST FREE. MANY ON TRACK TO BE FREE OF THE MILK PRODUCING HORMONE THIS YEAR. PROCESSORS SAYING THEY'RE ADAPTING TO A CHANGING MARKET AND  SUPPLYING WHAT CUSTOMERS WANT. ELANCO WHICH MAKES THE R-BST--SAYS IT DISAPPOINTING TO SEE A SAFE  MODERN DAIRY TOOL BE SHELVED OUT OF FEAR. IT SAYS RESEARCH SHOWS THAT RBST HELPS COWS PRODUCE MORE MILK – ABOUT A GALLON MORE PER COW PER DAY – ADDING TO SUSTAINABILITY AND  LOWERING THE CARBON FOOTPRINT. ON THE TRADE FRONT, IF DAIRY PRODUCERS ARE HOPING FOR A TRADE DEAL  THAT WOULD LEVEL THE PLAYING FIELD BETWEEN CANADA AND THE U.S., THEY  MIGHT HAVE HAD A BETTER SHOT AT IT WITH TPP RATHER THAN REWORKING  NAFTA. THAT FROM OUR PARTNERS AT AGRITALK VISITING WITH FORMER US TRADE  REPRESENTATIVE SUSAN SCHWAB. THE DAIRY INDUSTRY SAYS CREATING A TRADE AGREEMENT WITH CANADA IS  ESPECIALLY CRITICAL DUE TO THE BARRIERS IN THE CANADIAN SUPPLY  MANAGEMENT SYSTEM THAT'S HAMPERING ACCESS TO CANADIAN MARKETS. "WHEN THERE WERE OTHER COUNTRIES INVOLVED IN THAT NEGOTIATION THERE  WERE OTHER THINGS THAT CANADA WANTED SO IT WASN'T JUST US VERSUS  CANADA I THINK YOU GET MORE LEVERAGE IN A TRILATERAL DEAL AND LESS  LEVERAGE IN A BILATERAL DEAL SO I THINK THAT'S AN AREA WHERE THE TRUMP  ADMINISTRATION HASN'T FIGURED OUT THAT WHEN YOU'RE IN A MULTI COUNTRY  DEAL YOU CAN NEGOTIATE BOTH BILATERAL AND YOU CAN LEVERAGE OTHER  COUNTRIES NEEDS AND WANTS SO YOU CAN GET THE BEST ALL POSSIBLE  WORLDS."

TEASE
STILL TO COME FIND OUT HOW HEALTH CHALLENGES CREATED THIS UNLIKELY  DUO. IN THE COUNTRY IS NEXT.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA'S FULL LINE OF FIELD-PROVEN HAY TOOLS.  EXPLORE THE FULL  LINE UP AT KUBOTA.COM.  OR VISIT YOUR LOCAL KUBOTA DEALER TODAY.  AS A BLIND WOMAN, ANN EDIE HAS RELIED ON HER HIP-HIGH MINIATURE HORSE  FOR 14 YEARS TO GUIDE HER THROUGH LIFE'S OBSTACLES.  SO WHEN PANDA  WAS THE ONE NEEDING HELP, EDIE WAS GLAD TO RETURN THE FAVOR.  MICHAEL HILL HAS OUR STORY. PANDA HAS BEEN BY ANN EDIE'S SIDE FOR 14 YEARS. EDIE IS BLIND AND THE  MINIATURE HORSE DOES THE WORK OF A GUIDE DOG. ANN EDIE, GUIDE HORSE USER: "THE COMMUNICATION BETWEEN PANDA AND MYSELF WHEN WE'RE WORKING IS, I THINK, EVEN CLOSER THAN I WAS WITH MY  FIRST GUIDE DOG." NOW EDIE IS STANDING BY PANDA'S SIDE. AFTER AN  INTESTINAL BLOCKAGE THREATENED PANDA'S LIFE, EDIE AND HER HUSBAND  TAPPED INTO THEIR RETIREMENT SAVINGS TO PAY MEDICAL BILLS THAT TOPPED  30-THOUSAND DOLLARS. AN ONLINE CAMPAIGN TO HELP PAY THE COSTS RAISED  11-THOUSAND. A YEAR LATER, PANDA IS ON THE MEND. AND EDIE HAS NO  REGRETS. ANN EDIE, GUIDE HORSE USER: "OF COURSE I WANTED TO DO EVERYTHING I COULD TO SAVE HER BECAUSE SHE'S VERY SPECIAL. SHE'S VERY IMPORTANT." THE 69-YEAR-OLD RETIREE FROM UPSTATE NEW YORK HAD ALREADY LOST ONE  BELOVED GUIDE DOG AND DIDN'T WANT TO RE-EXPERIENCE THAT TRAUMA. SHE  KNEW HORSES CAN LIVE 30 YEARS OR MORE. SO SHE TURNED TO A FRIEND TO  TRAIN PANDA, TAKING A CHANCE THE HORSE HAD THE INTELLIGENCE AND  TEMPERAMENT FOR GUIDE WORK.  ALEXANDRA KURLAND, TRAINER: "I'M ALWAYS  IMPRESSED BY HER ACCURACY. I'M ALWAYS IMPRESSED BY HER FOCUS." GUIDE  HORSES REMAIN RARE. THEY EAT MORE, NEED TO GO TO THE BATHROOM MORE  AND THEY NEED SPACE. PANDA IS STILL RECOVERING, BUT SHE LOVES TO PLAY  AND CAN TAKE LONG WALKS. ANN: "IF SHE DOESN'T HAVEN'T ANOTHER COLIC  EVENT SHE CAN CERTAINLY LIVE ANOTHER 20 YEARS OR MORE." EDIE NOW  PROVIDING THE STEADY HAND TO GUIDE PANDA THROUGH DIFFICULT TIMES.  MICHAEL HILL, ASSOCIATED PRESS, DELMAR, NEW YORK. )

CLOSE
THAT'S QUITE THE COUPLE....THAT'S ALL THE TIME WE HAVE THIS MORNING.  WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE A  GREAT DAY. AGDAY IS POWERED BY RAM TRUCKS - AMERICA'S LONGEST LASTING PICKUPS.  

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