AgDay Daily Recap -November 12, 2015

November 12, 2015 02:57 AM
 

Today on AgDay:
November 11, 2015
OPENING HEADLINES:
USDA ROLLS OUT ITS NOVEMBER REPORTS AND MARKETS REACT...WE HAVE THE DETAILS. PLUS, OUR I-80 HARVEST TOUR WRAPS UP.
IN AGRIBUSINESS...SELL FOR SHOW OR SELLING FOR PROFITS. I LOVE TO KNOW THAT I SOLD MY GRAIN AT THE HIGHEST PRICE OF THE YEAR, BUT GUESS WHAT? IT DOESN'T WORK THAT WAY AND CELEBRATING VETERANS DAY WITH A FORMER TENNESSEE SOLDIER-AS OTHERS PITCH IN TO HELP HIM MAKE A LIFE ON THE FARM.
 
FIRST, A THANKS TO VETERANS :
GOOD MORNING I'M CLINTON GRIFFITHS. BEFORE WE GET TO TODAY'S TOP AG STORIES, WE WANT TO TAKE A MOMENT TO THANK OUR MILITARY VETERANS ON THIS VETERANS DAY. FOR GENERATIONS, MEN AND WOMEN ACROSS THIS COUNTRY -ESPECIALLY IN RURAL AMERICA -HAVE  RESPONDED TO THE CALL OF SERVICE....SOMETIMES PAYING THE ULTIMATE SACRIFICE. BUT ALL WHO SERVED DESERVE OUR RESPECT AND UN-DYING GRATITUDE. AND FOR THAT, WE THANK YOU.
USDA REPORTS:
NOW TO OUR TOP STORY -USDA'S LATEST GRAIN REPORTS UN-LEASHED THE MARKET BEARS IN CHICAGO.
THE REPORTS SHOWED EVEN HIGHER PRODUCTION AND SUPPLY NUMBERS THAN THE MARKET EXPECTED.
USDA BOOSTED CORN PRODUCTION TO 13-POINT-SEVEN BILLION BUSHELS. THAT'S ABOUT ONE PERCENT HIGHER FROM LAST MONTH. CORN YIELD IS UP ONE-POINT-THREE BUSHELS TO 169-POINT-THREE.
THE SOYBEAN PRODUCTION FORECAST COMES IN AT A RECORD THREEPOINT 98 BILLION BUSHELS. THAT'S A TWO PERCENT JUMP FROM LAST MONTH. THE NATIONAL AVERAGE YIELD GAINED A BUSHEL, COMING IN AT 48-POINTTHREE BUSHELS AN ACRE.
HARVESTED ACRES WERE UNCHANGED IN BOTH. THE "WASDE" REPORT SHOWS DOMESTIC CORN ENDING STOCKS AT ONEPOINT-SEVEN BILLION BUSHELS, UP NEARLY 200 MILLION FROM LAST MONTH.
AND THAT'S HIGHER THAN TRADERS EXPECTED. USDA ALSO CUT CORN EXPORTS AND ETHANOL USE.
IN THE SOYBEAN LEDGER, "WASDE" PUTS U-S SOYBEAN STOCKS AT 465 MILLION BUSHELS, UP 40 MILLION. THAT WAS ALSO HIGHER THAN TRADERS EXPECTED.
ENDING STOCKS OF U-S WHEAT ARE ALSO HIGHER. SO BETWEEN THE BIG THREE GRAINS, BULLS DIDN'T HAVE A CHANCE.
PROFARMER'S BRIAN GRETE EXPLAINS.
NOW WE HAVE THE CORN MARKET TRYING TO HOLD ONTO AUGUST LOWS, HOLD THEM ABOVE THOSE LEVELS. WE HAVE THE SOYBEAN MARKET BREAKING DOWN TECH BELOW ITS SUMMER LOWS THERE. AND THE WHEAT MARKET WHILE THE SRW CONTRACT IS STILL WELL ABOVE THOSE SUMMER LOWS, HRW AND SPRING WHEAT FUTURES HAVE MADE NEW CONTRACT LOWS. SO BULLS ARE DEFINITELY ON THE DEFENSIVE RIGHT NOW. BEARS HAVE A STRONG POSTURE AND WE NEED TO FIND SOMETHING POSITIVE IN THESE MARKET PLACES TO PUT IN LOWS AND TO START FINDING OUR MOVE UP AND TRY TO GAIN SOME STRENGTH IN THESE MARKETS. THAT'LL PROBABLY HAVE TO COME FROM THE DEMAND SIDE OF THINGS. BECAUSE IN THE CASE OF THE CORN AND SOYBEANS MARKETS THE BIG CROPS KEEP GETTING BIGGER HERE.
THE US ALL ORANGE FORECAST FOR THE 2015-2016 SEASON IS 5.50 MILLION TONS. THAT'S DOWN 14 PERCENT FROM THE 2014-2015 FINAL UTILIZATION NUMBER...AND WOULD BE THE LOWEST SINCE 1941-42.
PART OF THE REASON...USDA CUTTING FLORIDA EXPECTATIONS BY SOME 25 PERCENT...DUE TO THE STATE'S STRUGGLES WITH CITRUS GREENING.
NOW THAT THE 2015 HARVEST IS WRAPPED UP FOR MOST, WE TAKE A LOOK AT WHAT FARMERS ARE THINKING WHEN IT COMES TO MARKETING THIS SEASON'S CROP INTO A NEW YEAR.
NATIONAL REPORTER BETSY JIBBEN HAS THE STORY.
HARVEST IS OVER AS MARKETING BEGINS:
THERE'S NO DENYING 2015 HAS BROUGHT ON SOME TOUGH TIMES FOR FARMERS.
I MEAN WE REPLANTED THREE TIMES AND WE GAVE IT UP. THREE STRIKES AND YOU'RE OUT, WELL,
WE QUIT AFTER THAT 04
IMPACTED BY RAIN THIS SEASON OR NOT, EVERY FARMER IS FINANCIALLY FEELING THIS YEAR'S PRICES.
THAT IS REALLY A DOWNER HERE. EVEN WITH GOOD YIELDS, A LOT OF FARMERS MAY BREAK BELOW EVEN. THAT'S THE KIND OF OVERWRITING FEELING NOW. 32 WITH A VARIABLE CROP THROUGHOUT THE CORN BELT. MARKET STRATEGIES FOR THE UPCOMING YEAR ARE ALREADY IN FULL SWING.
I HAVE ALREADY MADE A 16 SALE WHEN I MADE A 15 SALE. FOR ME, I WENT OUT A
YEAR WHICH FOR ME, I'VE NEVER DONE THAT BEFORE. 00
OTHERS ARE SHIFTING THE OTHER WAY MAINLY DUE TO THE COST OF
PRODUCTION AND ROLLER COASTER YIELDS.
WE DIDN'T SELL NEAR AS MANY BUSHELS EARLY AS WE TYPICALLY WOULD BECAUSE WE
DIDN'T KNOW THE TYPE OF CROP WE WERE GOING TO HAVE. 33 LOOKING FORWARD TO 2016, WE DEF HAVE THAT COST OF PRODUCTION IN THE BACK OF OUR HEAD ALL OF THE TIME. AND KNOW WHAT OUR COST PER BUSHEL AT DIFFERENT YIELD LEVELS IS. 45
BUT MOST FARMERS WE TALKED TO THIS SEASON SAY THEY'RE STICKING WITH THEIR USUAL PLAN-WHATEVER THAT MAY BE.
I DONT KNOW IF WE'LL CHANGE TOO MUCH. 2;51;29 CROP ROTATION RIGHT NOW PROBABLY WON'T CHANGE TOO MUCH I THINK WE'RE GOING TO STAY WITH WHAT WE'VE ALWAYS DONE. MAYBE JUST KEEP AN EYE ON THE MARKETS
I'M USING THE PLAN I'VE USED THE LAST SEVERAL OF YEARS AND MARKING IT AS THE TRADE ALLOWS AND OFFERS US OPPORTUNITIES. I'M GOING TO FOCUS MORE ON WATCHING INPUT COSTS FOR THE COMING YEAR 32
SOME PREFER TO KEEP THE FOCUS WIDE.
I TRY TO USE THAT 24 MONTH WINDOW. THE 12 MONTHS BEFORE YOU HARVEST A CROP AND
THE 12 MONTHS AFTER YOU HARVEST TO MARKET MY GRAIN. 02 WHILE OTHERS SAY THEY'RE NARROWING IN AND SELLING FOR THE FUTURE WHEN THE OPPORTUNITIES COME.
I DONT HAVE ENOUGH PHYSICAL STORAGE FOR MY WHOLE CROP.
THOUGH 2015 HAS BEEN A TOUGH YEAR, IT WILL TAKE A LITTLE BIT OF MONEY TO MAKE A PROFIT THIS YEAR AND I DON'T THINK IT'S GOIGN TO BE THERE.
THEY ALL HOPE 2016 WILL TURN PRICES GREEN AND MAKE HARVEST RIPE WITH ANTICIPATION. REPORTING FOR AGDAY, I'M BETSY JIBBEN.
CROP WATCH:
MANY PARTS OF THE COUNTRY ARE PREPARING FOR STORMS TODAY...WHILE  OTHERS ARE JUST TRYING TO GET THROUGH HARVEST AFTER WEEKS OF SPOTTY SHOWERS.
DAVID HARKER IS IN FOR MIKE HOFFMAN TODAY. HE HAS CROPWATCH. THANKS, CLINTON. AS MANY OF OUR VIEWERS BRACE FOR SEVERE WEATHER TODAY, OUR FRIENDS IN TEXAS CAN'T CATCH A BREAK FROM THE RAIN.
JARRET BOWERS SAYS HE'S NEVER HAD TO FIGHT WEATHER AT HARVEST LIKE THEY'VE BEEN FORCED TO DO THIS YEAR. WHILE LIVING IN THE TEXAS PANHANDLE MEANS HE CAN'T COMPLAIN ABOUT RAIN, IT'S CREATING A MESS,
WITH COMBINES CONTINUOUSLY GETTING STUCK, CREATING BIG RUTS IN THE FIELDS. JARRET SAYS EVEN THOUGH THE CALENDAR SAYS MIDNOVERMBER, THERE IS STILL A LOT OF CORN AND SORGHUM LEFT IN THE FIELD TO HARVEST. AND ILLINOIS CORN YIELDS MAY HAVE BEEN A ROLLERCOASTER THIS YEAR, BUT THE POPCORN LOOKS PRETTY GOOD.
SCOTT TRIMBLE TELLS US THEY HAD A RECORD POPCORN CROP IN HEYWORTH, ILLINOIS AND THE QUALITY WAS OFF THE CHARTS. AFTER HARVEST, THEY PUT THE CROP IN MINI CRIBS MADE OF PALLETS. AND NOW FOR THE REAL WORK--THEIR ENTIRE WINTER WILL CONSIST OF SHELLING, DRYING AND BAGGING THE POPCORN.
AND WE DO HAVE A LOW PRESSURE SYSTEM MAKING IT'S WAY THROUGH THE HEART OF THE COUNTRY THAT MEANS RAIN SHOWERS AND POSSIBLE SEVERE WEATHER IN STORE I'LL HAVE A LOOK AT THAT COMING UP.
THANKS DAVID.
TEASE:
WHEN WE COME BACK WE'LL TAKE A LOOK MARKETS AND OUR ANALYST SAYS MARKETING ISN'T ABOUT BRAGGING RIGHTS ITS ABOUT STAYING IN BUSINESS. I'LL EXPLAIN.
AND LATER, HE SERVED HIS COUNTRY NOW THIS TENNESSEE FARMER IS BEING SERVED...AS OTHERS WORK HARD TO HELP HIM STAY ON THE FARM.
AGRIBUSINESS:
IN AGRIBUSINESS MARKETS TAKING A HIT FOLLOWING USDA'S REPORTS TUESDAY. LETS SEE HOW THINGS CLOSED FROM THE FLOOR OF THE CME.
TUESDAY GRAIN SAW THE BIG REPORT COME OUT VERY BEARISH TO THE MARKET AND WE DID SEE LOWER PRICES BUT NOT DRAMATICALLY LOWER. I THINK THE CONCERN IN THIS SPACE SHOULD BE SOYBEANS, JAN, MEANS MAKING NEW CONTRACT LOWS. THAT CREATES A LITTLE BIT OF A CONCERN.
NOW I'M STILL VERY CONSTRUCTIVE AND POSITIVE TO THIS SPACE AND LOOKING FOR BUYING OPPORTUNITIES BELOW HERE. I WOULD NOT STEP INTO SOYBEAN MARKET UNTIL WE COULD FIND A REASONABLE BOTTOM WHERE WE COULD GET A RALLY. I AM LOOKING FOR A SPOT BUT AGAIN I'M NOT GOING TO BUY THE ABSOLUTE LOW. I'M GOING TO WAIT AND FIND SOME SUPPORT LEVEL. AS A PRODUCER I THINK YOU WANT TO HOLD, IF YOU HAVE THE STORAGE SPACE, YOU'RE BETTER OFF HOLDING. THERE'S NO NEED TO RUSH OUT OF THESE MARKETS, ESPECIALLY IF YOU'RE HEDGED PROPERLY.
THAT ALLOWS YOU TO HOLD ONTO THESE MARKETS LONGER. IF NOT, THEN YOU MAY HAVE TO LOOK AT THINGS. BUT OVERALL WE LOOK FOR HIGHER PRICES GOING FORWARD. THIS IS TODD HORWITZ, FROM BUBBA TRADING.COM COMING TO YOU FROM THE CME GROUP FLOOR IN CHICAGO.
AGRIBUSINESS:
ANGIE SETZER OUR GUEST HERE AT THE AGRIBUSINESS DESK THIS MORNING, SHE'S WITH CITIZENS GRAIN. ANGIE, YOU KNOW THE LAST FEW YEARS, WE HAVE HAD A LOT OF PEOPLE REALLY WORKING TO SAY HOW HIGH ARE PRICES GOING TO GO? OR HOW LOW ARE PRICES GOING TO GO? AND YOU I AND I WERE DISCUSSING OFF CAMERA HERE THAT MAYBE THAT'S NOT THE END ALL BE ALL, MAYBE THAT'S WHAT WE SHOULD BE SHOOTING FOR?> NO. THE ONLY PEOPLE IN THE PREDICTING BUSINESS ARE WEATHER MEN, WHEN IT COMES DOWN TO IT, SO FROM AN OVERALL STANDPOINT FOR YOU GUYS, FOR ANY GROWER, YOU REALLY NEED TO FIGURE OUT WHAT YOUR COST OF PRODUCTION IS, WHAT YOU'RE BREAK EVEN STANDPOINT IS AND YOU CAN START TO LOOK FORWARD INTO NEXT YEAR AS WELL. AND ONCE YOU KNOW WHAT THAT IS AND YOU HAVE A GOOD FEEL FOR WHAT YOUR BASELINE MARKET STRUCTURE IS THEN YOU KNOW WHERE YOU CAN MAKE SALES AND WHAT OPPORTUNITIES PRESENT THEMSELVES. YEAH, I MARKET GRAIN TOO. I LOVE TO KNOW THAT I SOLD MY GRAIN AT THE HIGHEST PRICE OF THE YEAR, BUT GUESS WHAT? IT DOESN'T WORK THAT WAY, SO WHEN IT COMES DOWN TO IT, YOU REALLY NEED TO START FOCUSING ON MARKETING FOR PROFIT. SKILL SELL INTO RALLIES, MAKE SALES, HAVE PLANS, KNOW WHEN YOU NEED TO MOVE GRAIN, WHAT YOUR CASH FLOW LOOKS LIKE, BE AWARE OF THE QUALITY OF YOUR GRAIN, DON'T JUST PUT IT IN THE BIN AND WALK AWAY, ESPECIALLY IF YOU ARE PUTTING IT IN COMMERCIAL STORAGE AND DON'T HAVE YOUR OWN, BECAUSE AT THAT POINT IN TIME YOU ARE LETTING SOMEONE ELSE DRIVE YOUR CAR, SO YOU REALLY JUST NEED TO BE AWARE OF THE RISKS THAT ARE AT HAND AND STOP TRYING TO NAIL THE HIGH, SO MANY TIMES IN THE SUMMER WHEN WE HAD THOSE OPPORTUNITIES EVERYONE HAD TOLD ME 'OH, IF WE GET TO FOUR BUCKS, I'M SELLING. IF WE GET TO 4.50, I'M EMPTYING EVERYTHING' AND THEN SOMEONE ON TV SAID THAT WE MIGHT GET TO FIVE, SO WE COMPLETELY STOPPED AND FROZE. WE NEED TO BREAK THAT HABIT,.YEAH IT WORKED 2008-2012. THE MARKET PAID GUYS NOT TO HAVE A PLAN, THAT'S NOT THE CASE ANYMORE. WE ARE BACK INTO A PRETTY RANGE BOUND TRADE. YOU KNOW THAT WHEN YOU ARE ON THE HIGH END OF THE RANGE THAT YOU SHOULD PROBABLY MAKE SOME OF THOSE SALES, SO BOOK YOUR BUSHELS AND MAKE SURE THAT YOU ARE MARKETING BASED ON WHERE YOU ARE GOING TO MAKE MONEY. ALL RIGHT, ANGIE GOOD ADVICE, THANKS SO MUCH. WE WILL BE BACK WITH MORE AGDAY RIGHT AFTER THIS.
FOR HELP SOLVING YOUR CASH GRAIN PROBLEMS CALL ANGIE SETZER WITH CITIZENS LLC AT 800-858-3738.

WELCOME BACK. WE ARE WATCHING A LARGE LOW PRESSURE SYSTEM IN THE CENTRAL PLAINS. THAT SYSTEM IS EXPECTED TO DUMP TORRENTIAL RAINFALL INTO SOME LOCATIONS OF THE GREAT LAKES. NOTICE THE PROGRESSION AS WE LOOK INTO THE EVENING HOURS WEDNESDAY INTO THURSDAY. HIGH PRESSURE SITTING IN THE TEXAS PANHANDLE, ANOTHER SYSTEM SITTING JUST OFF THE PACIFIC NORTHWEST. THAT'S GOING TO DUMP SOME HEAVY SNOWFALL INTO THE UPPER ROCKY MOUNTAINS THERE IN NORTHERN WASHINGTON AND OREGON. AS WE TRANSITION TO THURSDAY EVENING, THAT SAME LOW PRESSURE SYSTEM AFFECTING THE GREAT LAKES MOVES OFF TO THE NORTHEAST AND NOTICE THE COLD FRONT THAT WILL BRING QUITE A BIT COOLER TEMPERATURES, NOT ONLY FOR AREAS THROUGHOUT THE MIDWEST, BUT THROUGH THE CENTRAL [PLAINS AS WELL. LET'S TAKE A LOOK AT PRECIPITATION ESTIMATES OVER THE NEXT 24 HOURS, THE BULK OF HEAVY RAIN WILL EVENTUALLY PUSH INTO THE CENTRAL PLAINS. NOTICE THE YELLOW AND ORANGES TOWARD THE EVENING HOURS WEDNESDAY INTO THURSDAY AND WHAT YOU WILL NOTICE IS THAT'S ANYWHERE FROM ONE-THREE INCHES OF RAIN, ANYWHERE FROM IOWA THROUGH WISCONSIN INTO THE UP MICHIGAN. IF YOU ARE IN THE DEEP SOUTH, YOU MAY BE HOPING FOR A LITTLE BIT OF RAIN. IT'S ALWAYS A GOOD THING THIS TIME OF YEAR. SNOWFALL ESTIMATES, MOST OF THE ACTIVITY IN THE ROCKY MOUNTAINS, BUT IT WILL STRETCH TO THE FOOTHILLS AND YOU WILL NOTICE TOWARD COLORADO AND EVEN INTO KANSAS AND NEBRASKA, SEEING A BIT OF A DUSTING, WHILE THE HEAVIEST AMOUNTS IN THE UPPER ELEVATIONS OF THE ROCKY MOUNTAINS. LET'S TAKE A LOOK AT OUR TEMPERATURES FROM THIS AFTERNOON. THE WARMTH IS DOWN TO THE SOUTH, MANY OF US ARE GOING TO BE BACK UP INTO THE 60S, 70S AND 80S, ESPECIALLY IN SOUTH TEXAS. NOTICE THE UPPER MIDWEST 60S, THAT'S UNTIL THAT NEXT COLD FRONT AND LOW PRESSURE SYSTEM ROLES THROUGH. THOSE ARE EXPECTED TO MAKE IT IN TO OUR AREA ESPECIALLY INTO YOUR AREA ONCE YOU GET TO THE DAYTIME ON THURSDAY AND LOOK AT THOSE TEMPERATURES, IT'S NOT JUST ONE LOCATION, IT'S ACROSS THE UPPER MIDWEST TOWARD THE CENTRAL PLAINS AND BOY IN THE ROCKY MOUNTAINS IT WILL WELL BELOW FREEZING THOSE NUMBERS WILL CONTINUE TO TRANSITION TO COOLER AMOUNTS, AS WE LOOK TO THE UPCOMING WEEKEND IN THE MID-ATLANTIC STATES, 50S, 60S AND 70S NOT OUT OF THE QUESTION AND EVEN AS WE TRANSITION TO THE DAYTIME ON THURSDAY NOTICE THOSE GREENS AND ORANGES FINALLY MAKING THE WAY BACK UP INTO THE LOCATION THE MISS VALLEY. A NOTE ON THE JETSTREAM MAP THAT LOW PRESSURE SYSTEM, QUITE A WEATHER MAKER AS IT MAKES A TRACK TO THE NORTHEAST, ALSO MAKE A NOTE THAT WE HAVE FINALLY STABILIZED. ONCE WE GET THE WEEK NEXT WEEK THE NEXT SYSTEM TRIES TO ROLL IN, ESPECIALLY TO THE TEXAS PANHANDLE, ONCE WE GET TO NEXT WEDNESDAY. THAT DIP IN THE JETSTREAM MEANS RAIN SHOWER FOR SOME LOCATIONS OF THE SOUTHERN PLAINS, FINALLY SEE THAT RIDGE OF HIGH PRESSURE AND DROP THOSE TEMPERATURES IN THE NORTHEAST. NOW HERE'S A LOOK AT TEMPERATURES CLOSE TO HOME FOR YOU. OUR CONDITIONS IN STILLWELL, GEORGIA, 74 DEGREES FOR A TEMPERATURE, LOOKING MORE SUNSHINE THERE ALONG THE COAST LINE; OUT IN CANTON, ILLINOIS, 53 DEGREES CHANCE OF SHOWERS AND THUNDERSTORMS; IN PROSPECT, OREGON A HIGH OF 34. 
TEASE:

UP NEXT, ADVOCACY GROUPS UPSET WITH RACTOPOMINE USE IN HOGS ARE HANDED A LOSS IN COURT. PLUS, CELEBRATING AMERICANS WHO SERVE.
I'M CHUCK DENNEY, AS OUR NATION CELEBRATES VETERANS DAY WE LOOK AT A PROGRAM TO HELP TENNESSEE FARMERS WHO WERE ALSO INJURED IN BATTLE SERVING OUR COUNTRY. THAT STORY COMING UP ON AGDAY.
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.
RACTOPAMINE LAWSUIT DROPPED:
A FEDERAL JUDGE IS DROPPING A LAWSUIT OVER RACTOPAMINE. ADVOCACY GROUPS FILED THE SUIT AGAINST THE FOOD AND DRUG ADMINISTRATION CHALLENGING THE AGENCY'S APPROVAL OF THE PRODUCT USED AS A FEED SUPPLEMENT.
CRITICS OF RACTOPAMINE SAYS IT HAS NEGATIVE EFFECTS ON ANIMALS AND NOT NECESSARY. THE JUDGE SAYS THE PLAINTIFFS HAD NOT YET EXHAUSTED THEIR CHALLENGES WITH THE FDA AND COULDN'T BRING IT TO COURT.
ELANCO SAYS THE FDA APPROVED RACTOPAMINE NEARLY 15 YEARS AGO AND THEY REMAIN CONFIDENT IN ITS SAFETY.
REGARDLESS OF THE RULING AT HOME, U.S. FARMERS ARE STILL FIGHTINGTHE BATTLE ABROAD, WITH CHINA ALREADY BANNING RACTOPAMINE FROM ITS MEAT SUPPLY.
2016, I THINK WE'RE GOING TO HAVE TO WORK ON THE RACTOPAMINE ISSUE. EXPORTS, BACK TO RACTOPAMINE ISSUE, WHAT'S THE AVAILABILITY OF PORK FREE TO GO TO CHINA. THAT WILL BECOME MORE OF AN ISSUE IN 2016.
CLOSE SAYS THIS COULD CONTINUE TO WEIGH PORK EXPORTS NEXT YEAR.
THE EUROPEAN UNION ALSO BANNED THE DRUG.
 CHIPOTLE BACK IN BUSINESS AND SEEKING TO IMPROVE FOOD CONDITIONS:
CHIPOTLE IS BACK IN BUSINESS ON THE WEST COAST.
THE CHAIN SAYS IT'S REOPENING ALL 43 RESTAURANTS IN SEATTLE AND PORTLAND AFTER CLOSING THE DOORS DUE TO AN E-COLI OUTBREAK.
HEALTH OFFICIALS CONCLUDED THERE'S NO ON GOING RISK FROM THE INCIDENT. CHIPOTLE SAYS ITS WORKING WITH HEALTH OFFICIALS TO IMPROVE FOOD HANDLING AND IMPLEMENT OTHER SAFETY PROCEDURES.
JOHN DEERE MERGER:
AN UPDATE TO THE PRECISION PLANTING AND JOHN DEERE MERGER. THERE WERE QUESTIONS WHETHER AGREEMENTS WITH COMPETING EQUIPMENT MANUFACTURES WOULD STILL STAND.
CASE I-H FINALLY COMMENTED, SAYING THEY TOO WILL CONTINUE THE WORKING RELATIONSHIP WITH PRECISION PLANTING, EVEN IF THE COMPANY IS OWNED BY JOHN DEERE.
LAST WEEK JOHN DEERE ANNOUNCED PLANS TO BUY PRECISION FOR AN UNDISCLOSED AMOUNT.
TEASE:
UP NEXT WE CELEBRATE VETERANS DAY AND THE PEOPLE WORKING HARD TO KEEP AMERICA'S HERO'S ON THE FARM.
VETERANS HONORED:
ON THIS VETERAN'S DAY, OUR COUNTRY HONORS THE MEN AND WOMEN WHO SERVED TO PROTECT OUR FREEDOM. NOW VETERANS WITH WAR INJURIES OR DISABILITIES – WHO ARE ALSO FARMERS -ARE RECEIVING HELP STAYING ON THE FARM, LEADING A PRODUCTIVE LIFE. FROM THE UNIVERSITY OF TENNESSEE, CHUCK DENNEY REPORTS ON A PLAN TO GIVE VETERANS AN OPPORTUNITY TO MAKE A LIVING IN AGRICULTURE.
MICHAEL TROST ENJOYS TAKING CARE OF HIS HORSES. BUT THERE WAS A TIME WHEN HE WONDERED IF HE'D EVER HAVE A MOMENT LIKE THIS.
TODAY HE HAS THIS BLOUNT COUNTY FARM NEAR MARYVILLE.
TROST IS AN ARMY VETERAN -RETIRED NOW AFTER 32 YEARS OF SERVICE. ON PATROL IN AFGHANISTAN A FEW YEARS BACK, HE WAS SHOT FIVE TIMES, ONCE IN THE HAND, AND HE LOST A FINGER AND THUMB.
THE OTHER FOUR BULLETS WENT INTO HIS LEG, AND LEFT TROST PARTIALLY PARALYZED FOR A TIME. I HAD TO FIND SOMETHING LESS DANGEROUS TO DO. I FOUND MY CALLING I GUESS BEING A GENTLEMAN FARMER."
A GROUP OF VETERANS PITCHED IN TO BUILD TROST THIS BARN -AND NOW HE AND HIS WIFE RAISE DONKEYS AND ALPACAS FOR WOOL, AND THEY'RE ALSO PRODUCING GARDEN VEGETABLES.
"IT'S LIKE EATING BEER."
HOWEVER, THEIR MAIN AGRICULTURAL VENTURE IS GROWING HOPS.
TROST SEES AN EXPANDING MARKET PRODUCING GRAINS FOR BREWERIES.
TROST IS SERVED BY A UT EXTENSION PROGRAM CALLED "AGRABILITY," WHICH HAS PROVIDED AGRICULTURAL INFORMATION FOR HIS FARMING OPERATION, AND OTHER ASSISTANCE.
"AGRABILITY HAS WORKED WITH MORE THAN TWO THOUSAND PRODUCERS THE PAST TWENTY YEARS OR SO. THE GOAL IS TO HELP ANYONE WITH DISABILITY WHO WANTS TO FARM.
"SOME PEOPLE ARE CALLING FARMER VETERANS THE NEXT GENERATION OF FARMERS. THEY WANT TO GIVE BACK ANOTHER TYPE OF SERVICE, BUT THEY DON'T KNOW WHERE TO GO.
TROST SAYS WHEN YOU'D HAVE YOUR OWN BLOOD ON YOUR HANDS, IT'S NICE TO NOW CHANGE THAT FOR SOIL. HE HAS EVERY INTENTION OF FARMING FOR A LONG TIME.
MEANTIME, VETERAN'S DAY APPROACHES -A TIME WHEN U.S. ARMY CAPTAIN MICHAEL TROST IS
GRATEFUL FOR HIS NEW WAY OF LIFE, AND HIS BROTHERS AND SISTERS OF THE MILITARY WHO MAKE IT POSSIBLE. "IT'S TIME FOR US TO REFLECT AND TAKE STOCK AND LOOK AT WHAT WE DO HAVE. AND JUST TO THANK THAT SOLDIER OR SAILOR OR MARINE OR AIRMAN OR WHAT NOT AND SAY 'THANK YOU. I APPRECIATE WHAT YOU'VE DONE." THIS IS CHUCK DENNEY REPORTING.
ABOUT A YEAR AGO, MORE THAN 100 PEOPLE – MANY VETERANS THEMSELVES FROM HUNDREDS OF MILES AWAY – TURNED OUT TO CONSTRUCT THE BARN YOU SAW IN THAT STORY. ALSO THE HORSES ON THAT FARM ARE RESCUE ANIMALS.
CLOSING:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY IN FARM COUNTRY.
PROMO:
I'M CLINTON GRIFFITHS. AS U-S HARVEST STARTS TO WRAP-UP, PLANTING SEASONS HITS HIGH GEAR SOUTH OF THE EQUATOR. THURSDAY WE'LL CHECK ON PLANTING CONDITIONS IN BRAZIL AND ITS IMPACT ON U-S GRAIN PRICES. WATCH US WEEKDAYS HERE ON AGDAY.

 

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