AgDay Daily Recap -May 27, 2016

May 27, 2016 02:57 AM
 

TODAY ON AGDAY
MAY 27, 2016


OPENING HEADLINES:
COMING UP TODAY ON AGDAY -LADIES AND GENTLEMAN, START YOUR ENGINES... IT'S RACE DAY.NOT ONLY IS IT THE INDIANAPOLIS 500 BUT IT'S THE COOLEST TROPHY IN SPORTS!" MEET THE 2016 INDY 500 MILK WOMAN, WHOSE PERSONALITY IS ALMOST AS BIG AS THE JOB. WARM WEATHER IS PUSHING THE WHEAT CROP RIGHT ALONG. THE VERDICT IS STILL OUT ON JUST HOW GOOD THIS YEAR'S CROP WILL BE. A SURGE IN SOYMEAL IS GIVING PRICES NEW LIFE...BRIAN THE MOVE IN SOYBEAN MEAL I MEAN IT’S BEEN DOING ALL THE WORK IN THE SOY COMPLEX TO LIFT THIS THING TO THE UPSIDE AND IT'S A POST-CARD PERECT BARN CATCHING OUR EYE FOR THIS WEEK'S GREAT AMERICAN BARN.
TIME FOR WHEAT HARVEST:
GOOD MORNING I'M CLINTON GRIFFITHS.  THE END OF MAY GENERALLY MARKS SEASONS IN THE U.S. THE END OF SCHOOL, END OF PLANTING AND THE START OF SUMMER. BUT IT ALSO TYPICALLY KICKS OFF WHEAT HARVEST IN THE SOUTHERN PLAINS.  THE NATION'S WHEAT CROP MAY SEE MILLIONS FEWER ACRES THIS YEAR, BUT YIELDS ARE EXPECTED TO BE DECENT ESPECIALLY IN THE SOUTHERN PLAINS. WINTER AND SPRING RAINS ALONG WITH RECENT WARMER TEMPERATURES HELPING TO PUSH THE CROP TOWARD MATURITY. THE INTERNATIONAL GRAINS COUNCIL SAYS THE WORLD WILL GATHER 722 MILLION TONS OF WHEAT. THAT'S DOWN ABOUT 2 PERCENT FROM A YEAR AGO.
WHEAT HARVEST IN LOUISIANA:
LOUISIANA FARMERS HAVE BEGUN THEIR ANNUAL WHEAT HARVEST. IF THE WEATHER COOPERATES, IT SHOULD BE OVER QUICKLY BECAUSE LOUISIANA HAS ONE OF ITS SMALLEST CROP EVER. LSU AGCENTER'S CRAIG GAUTREAUX HAS THE STORY. WHEN LOUISIANA WHEAT PRODUCERS BEGIN THEIR HARVEST, IT IS A SIGN THAT THE LONG, HOT DAYS OF SUMMER ARE JUST AROUND THE CORNER. WITH WHEAT ACRES DOWN SIGNIFICANTLY THIS YEAR, IT WILL BE A SPEEDY HARVEST, IF THE WEATHER IS FAVORABLE. ACCORDING TO LSU AGCENTER WHEAT SPECIALIST BOYD PADGETT, YIELDS CAN BE SUMMED UP WITH ONE WORD. IN ONE WORD, VARIED.
DROUGHT IN INDIA INCREASES NEED FOR WHEAT IMPORTS:
MEANWHILE, INDIA COULD START IMPORTING MORE WHEAT FROM AUSTRALIA AND FRANCE. WIDESPREAD DROUGHT IS REDUCING DOMESTIC WHEAT SUPPLIES. THAT SHORTAGE FORCED INDIANA FLOUR MILLS TO SIGN DEALS WITH AUSTRALIA AND FRANCE TO IMPORT ABOUT 500 THOUSAND TONNES.WHEN ALL IS SAID AND DONE, INDIA IS EXPECTED TO SEE WHEAT IMPORTS RISE MORE THAN FIVE TIMES LAST YEAR'S LEVELS TO 2 POINT 7Y5 MILLION TONNES.

TYSON INVESTIGATES ACTIVIST'S CLAIMS OF ANIMAL ABUSE:
THE COUNTRY'S LARGEST CHICKEN PROCESSOR IS INVESTIGATING A CONTRACT FARM IN TENNESSEE WHERE AN ACTIVIST GROUP CAPTURED AN UNDERCOVER VIDEO SHOWING UNFAIR ANIMAL WELFARE CONDITIONS. THE FOOTAGE CAPTURED BY MERCY FOR ANIMALS REPORTEDLY SHOWS BIRDS SUFFERING IN WINDOWLESS SHEDS AND ENDURING INJURIES AT A LEWISBURG, TENNESEE FARM WHO CONTRACTS WITH TYSON FOODS. LESS THAN A YEAR AGO, TYSON CUT TIES WITH ANOTHER TENNESSEE FARM AFTER ANIMALS RIGHTS GROUPS MADE SIMILAR CLAIMS.IN RESPONSE, TYSON SAYS IT'S DISTURBING TO SEE ANY SICK OR INJURED ANIMALS AND IF INVESTIGATION UNCOVERS ANY CONCERNS, THOSE WILL BE IMMEDIATELY ADDRESSED.  MERCY FOR ANIMALS IS ASKING TYSON TO UP ANIMAL WELFARE STANDARDS, INCLUDING ALLOWING BIRDS TO HAVE MORE SPACE, CLEAN LITTER AND ACCESS TO NATURAL LIGHT.
NEW ORDINANCE RESTRICTS DISTANCE FARMS CAN BE FROM CERTAIN FACILITIES:
ANYONE WANTING TO BUILD A LARGE LIVESTOCK FARM IN CENTRAL INDIANA IS NOW UNDER NEW RESTRICTIONS. AN ORDINANCE APPROVED IN BARTHOLOMEW COUNTY LIMITS WHERE FARMS CAN BE BUILT. IT RESTRICTS FARMS FROM BEING CLOSER THAN A QUARTER OF A MILE FROM SCHOOLS, HEALTH CARE FACILITIES AND CHURCHES. THE FARMS ALSO CAN'T BE LESS THAN 500 FEET FROM RESIDENTAL LOTS IN AREAS ZONED FOR AGRICULTURE OR ANY WATER WELL.

CROP COMMENTS:
CINDI CLAWSON FILLING IN FOR MIKE HOFFMAN THIS MORNING. HE HAS OUR FIRST LOOK AT FARM COUNTRY WEATHER TODAY'S CROP COMMENTS.  HELLO CLINTON. WE START IN CALDWELL COUNTY MISSOURI WHERE A FARMERTELLS AGWEB THAT CORN IS A FOOT TALL AND A LOT OF SOYBEANS WENT IN THE PAST FEW DAYS. THE FARMER SAYS THEY HAD SOME WET SPOTS IN THE FIELDS BUT THEY JUST WENT AROUND THEM. USDA SAYS 46 PERCENT OF SOYBEANS ARE PLANTED IN MISSOURI. THAT'S MORE THAN DOUBLE WHAT IT WAS LAST YEAR AT THIS TIME. AND WE GOT THIS PHOTOGRAPH FROM OUR OWN BETSY JIBBEN.
TEASE:
STILL TO COME, IT'S THE LARGEST MILK TOAST EVER. WE'LL INTRODUCE YOU TO THE WOMAN KICKING IT ALL OFF DURING THE INDY 500. AND SOYBEAN MEAL SAW AN 18 MONTH HIGH THIS MONTH. OUR FRIENDS AT PROFARMER BREAK DOWN WHAT'S CARRYING SUCH AN IMPRESSIVE RALLY. THAT'S NEXT ON AGDAY
TOSS TO PROFARMER:
IN AGRIBUSINESS, CRUDE OIL PRICES HITTNG A MAJOR BENCH MARK THIS WEEK, TRADING ABOVE 50 DOLLAR A BARREL MARK. THAT'S A PRICE LEVEL CRUDE HASN'T SEEN IN 7 MONTHS. THE RALLY IS OVER EXPECTATIONS OF SHRINKING SUPPLY AFTER A SHARP DROP IN U-S INVENTORIES.  THE WILDFIRES IN CANADA ARE ALSO HELPING CUT SUPPLY, WITH GLOBAL OIL SUPPLY REDUCED BY NEARLY 4 MILLION BARRELS A DAY THIS MONTH.  THE CREW AT PROFARMER JOIN US FOR THIS WEEK'S PROFIT BRIEFING WITH A LOOK AT THE SOYBEAN MEAL MARKET THE IMPACT ON PRICES. GENTLEMEN.
PROFARMER:
JULY SOYBEAN MEAL MADE IT'S FIRST MOVE OVER 400 DOLLARS A TON IN 2016 JUST THIS LAST WEEK AND BRIAN THE MOVE IN SOYBEAN MEAL I MEAN IT'S BEEN DOING ALL THE WORK IN THE SOY COMPLEX TO LIFT THIS THING TO THE UPSIDE>> YEAH YOU KNOW THE HUGE MOVE UP AND YOU KNOW THE INTERESTING THING WE'VE SEEN THE FUTURES BUT THE CASH REALLY HASN'T REALLY PARTICIPATED I MEAN SO WE GOT A BIG VARIANCE THERE BETWEEN THE FUTURES AND THE BASIS REALLY SMELLS LIKE IT'S FUND LED I MEAN IT GIVES YOU THAT IMPRESSION THAT THE FUNDS ARE JUST DRIVING IT HIGHER OR IT'S A SQUEEZE OF SOME SORT A SHORT SQUEEZE IF THAT CAN HAPPEN ANYMORE.ALRIGHT FOR BRIAN GRETE AND ALL THE EDITORS AT PROFARMER IN CEDAR FALLS IOWA I'M CHIP FLORY.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY CINDI CLAWSON FILLING FOR MIKE HOFFMAN TODAY. CINDI AS WE LOOK AT THE MAP KIND OF A SIMILAR PATTER TO WHAT WE'VE SEEN OVER THE LAST WEEK OR SO. IT REALLY HAS ITS KIND OF LIKE A BROKEN RECORD FROM AT LEAST THE LAST SEVERAL DAYS. WE'VE GOT THIS SYSTEM AND IT'S NOT BUDGING IT'S NOT GOING ANYWHERE EAST. WE'RE STILL GOING TO SEE SOME WET WEATHER, SOME STORMY WEATHER IN THE PLAINS UNFORTUNATELY THERE COULD BE SOME RISK FOR SOME STRONGER STORMS ONCE AGAIN TODAY AS WELL. LETS GO STRAIGHT TO THE MAPS AND YOU'LL BE ABLE TO SEE THAT YOU KNOW ITS GOING TO BE THE PLAINS STATES ESPECIALLY KANSAS NEBRASKA ALL THE WAY DOWN ON THE STATIONARY BOUNDARY WHERE WE'RE GOING TO BE SEEING THE GREATEST THREAT FOR SHOWERS AND THUNDERSTORMS. NOW OUR MODEL IS GOING TO SHOW IT'S STILL  HIT AND MISS. ITS NOT GOING TO BE A SOLID RAIN FOR EVERYBODY.
REGIONAL WEATHER:
THAT'S A LOOK AT YOUR NATIONAL FORECAST NOW LETS CHECK OUT THE WEATHER WHERE YOU LIVE. EUREKA CALIFORNIA MOSTLY SUNNY TODAY AND BREEZY TODAY WITH A HIGH TEMPERATURE AROUND 60 DEGREES ST.. JOSEPH MISSOURI SHOWERS AND THUNDERSTORMS FOR YOU WITH A HIGH TEMPERATURE OF 78. AND BLACK STEER GEORGIA MOSTLY SUNNY FOR YOU.
TEASE:
UP NEXT A GREAT AMERICAN BARN FROM NORTHERN MICHIGAN THAT'S STILL IN USE TODAY.  AND LATER WE'RE OFF TO THE GREATEST SPECTACAL IN SPORTS---THE INDY 500 -- TO MEET THIS YEAR'S MILK WOMAN OF THE YEAR-- AS SHE PREPARES A COLD DRINK FOR THE WINNER'S CIRCLE.
GREAT AMERICAN BARNS:
TODAY'S GREAT AMERICAN BARN TAKES US TO THE NORTHERN TIP OF MICHIGAN'S LOWER PENINSULA.
SURROUNDED BY FALL FOLIAGE AND AN ABUNDANT HARVEST OF MUMS, PUMPKINS AND GOURDS, THIS BARN AT COVEYOU SCENIC FARM MARKET IS POST-CARD-PERFECT. IT'S A WORKING CENTENNIAL FARM IN PETOSKEY, MICHIGAN- OWNED AND FARMED BY THE SAME FAMILY FOR MORE THAN 136 YEARS. THE FARM WAS AN ORIGINAL HOMESTEAD WHEN CIVIL WAR HERO ULYSSES GRANT WAS PRESIDENT. GRANT SIGNED THE HOMESTEAD ACT IN 1874 WHICH ENTICED THE COVEYOU FAMILY TO MIGRATE WEST FROM PENNSYLVANIA.
TEASE:
UP NEXT, IT'S A COVETED GLASS OF MILK HANDED OVER TO THE WINNER OF THE INDIANAPOLIS 500 EACH YEAR. UP NEXT, WE'LL INTRODUCE YOU TO THE 2016 MILK WOMAN, WHOSE PERSONALITY IS ALMOST AS BIG AS HER JOB ON SUNDAY.

IN THE COUNTRY:
INDIANA IS HOME TO MORE THAN 12-HUNDRED DAIRY FARMS HOUSING OVER 144-THOUSAND HEAD OF CATTLE. WHILE ALL UNIQUE, ONE DAIRY PRODUCER WILL REPRESENT THEM ALL THIS WEEKEND AT THE 100TH ANNIVERSARY OF THE INDIANAPOLIS 500. BETSY JIBBEN EXPLAINS. A PASSION.. THAT'S ALL BOTTLED (UP) AND READY FOR THE BIGGEST RACE DAY OF THE YEAR.REPORTING IN KEWANA, INDIANA, I'M BETSY JIBBEN.
CLOSING:
THE WINNING DRIVER, OWNER AND CHIEF MECHANIC ARE ALL AWARDED A BOTTLE.SPEAKING OF MILK... HISTORY WILL BE MADE THIS YEAR AS RACE GO'ERS ATTEMPT THE WORLD'S LARGEST MILK TOAST AT THE SPEEDWAY.IN HONOR OF THE 100TH ANNIVERSARY OF THE INDIANAPOLIS 500, THE INDIANA MOTOR SPEEDWAY, THE AMERICAN DAIRY ASSOCIATION INDIANA AND PRAIRIE FARMS ARE TEAMING UP, GIVING OUT 100-THOUSAND PINTS OF MILK TO RACE FANS AT THE EVENT. THE HOPE IS TO HAVE A MASSIVE MILK TOAST TO CELEBRATE ANOTHER YEAR'S WIN.
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR CINDI CLAWSON AND BETSY JIBBEN. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY.
PROMO:
I'M CLINTON GRIFFITHS. MONDAY ON AGDAY - WE HAVE AN ALL AMERICAN TRIBUTE TO THE GREATEST GENERATION. JOIN US AS WE HONOR THE VETERANS OF WORLD WAR TWO WITH STORIES OF SUCEESS AND SACRIFICE. JOIN ME MONDAY FOR A SPECIAL EDITION OF AGDAY.

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