AgDay Daily Recap -November 13, 2015

November 13, 2015 02:57 AM
 

TODAY ON AGDAY
NOVEMBER 13, 2015


OPENING HEADLINES:
THE FARM ECONOMY SPUTTERS AS FEDERAL RESERVE BANKS RELEASE THEIR LATEST REPORTS.
PLUS, WEATHER HAS TAKEN THE MID-SOUTH ON A WILD RIDE IN 2015. IN AGRIBUSINESS...FINDING WAYS TO TAKE ADVANTAGE OF NARROW TRADING RANGES. WHEN YOU GET OVERSOLD AND YOU ARE ON A BIG BREAK IN THE MARKET, REALIZE THAT LISTEN THEY ARE PROBABLY NOT GOING TO MOVE OUT OF THAT RANGE UNLESS THERE IS SOMETHING NEW.
THE WHEAT INDUSTRY ANNOUNCES PLANS TO REVITALIZE THE INDUSTRY. AND A REMINDER ABOUT TREE STAND SAFETY THIS HUNTING SEASON.
FARM INCOME DROPS SEVERELY:
GOOD MORNING I'M CLINTON GRIFFITHS. FARM INCOMES CONTINUES TO SLIDE. THAT WE KNOW. BUT THE SEVERITY OF THE DROP SEEMS TO SURPRISE EVEN ANALYSTS.
FEDERAL RESERVE BANK DISTRICTS IN CHICAGO, KANSAS CITY AND ST LOUIS ISSUING THEIR QUARTERLY REPORT CARD OF THE FARM ECONOMY. THESE REPORTS LOOK AT LAND VALUES AND CREDIT CONDITIONS. AND THE REPORTS ARE NOT VERY PROMISING. WHILE THE SURVEYS SHOW FARM INCOMES HAVE DECLINED FOR SEFVERAL CONSECUTIVE QUARTERS, THE KANSAS CITY DISTRICT SAYS THE DROP IN THE THIRD QUARTER WAS ESPECIALLY SEVERE.
THE K-C FED SAYS 68-PERCENT OF THE FARM BANKERS SURVEYED REPORTED LOWER FARM INCOMES.
LOCATED IN BIG CATTLE COUNTRY, SOME DISTRICT BANKERS SAY THE TIMING OF THE SURVEY MAY EXPLAIN WHY THE BIG DROP. DURING THE SURVEY TIME PERDIO, LIVE CATTLE PRICES SLID 17-PERCENT. FEEDER CATTLE PRICES WERE DOWN 22-PERCENT.
AS FAR AS LAND VALUES -RANCHLAND WAS HIGHER, BUT IRRIGATED AND NONIRRIGATED FARMLAND WERE ANEMIC.
A SIMILAR STORY IN THE ST. LOUIS WHICH ENCOMPASSES THE SOUTHERN MIDWEST AND MID-SOUTH. FARM INCOMES ARE DOWN.
AND QUALITY FARMLAND VALUES CONTINUED TO WEAKEN. THEY FELL TWO-AND A-HALF PERCENT. BUT THE VALUE OF RANCHLAND AND PASTURELAND STRENGTHENED, UP NEARLY FIVE PERCENT. AND IN CHICAGO -DISTRICT FARMLAND VALUES ARE OVERALL UNCHANGED FROM A YEAR AGO. WISCONSIN AND MICHIGAN SAW GAINS. BUT THEY WERE OFFSET BY LOSSES IN ILLINOIS AND IOWA. THE FED SAYS CREDIT CONDITIONS DETEORIATED FROM A YEAR AGO. BUT THE AG BANKERS FEEL CONFIDENT IN WORKING THROUGH THE TURBULANCE WITH MOST OF THEIR FARM CLIENTS.

PRO-VEGETARIAN GROUP SHARES VIDEO OF PORK EMPLOYEES TAKING INHUMANE SHORTCUTS IN PROCESSING:
THE VIDEO FROM COMPASSION OVER KILLING WAS SHOT AT A QUALITY PORK PROCESSORS PLANT IN AUSTIN.
THE PRO-VEGETARIAN GROUP SHARING THE FOOTAGE WITH AUTHORITIES AND THE USDA.
THE COMPANY SAYS THE TWO EMPLOYEES SHOWN IN THE VIDEO HAVE ALREADY BEEN DISCIPLINED...FOR WHAT WAS DESCRIBED AS INHUMANE SHORTCUTS IN PROCESSING.
AND IT SAYS THE COMPANY'S OWN VIDEO MONITORING SYSTEM CAUGHT THE INSTANCE--EVEN BEFORE OFFICIALS LEARNED OF THE UNDERCOVER INVESTIGATION.
THE WORKERS WERE GIVEN WRITTEN WARNINGS AND ORDERED TO UNDERGO RETRAINING.
WORKER TRAINING AND HUMANE TREATMENT IS A BIG FOCUS ACROSS THE
PROTEIN SECTOR--FROM PORK TO DAIRY.
THE FACT IS, WE DO HAVE PEOPLE PAYING ATTENTION TO WHAT'S GOING ON THE FARM
OC: WE NEED TO DRIVE THE MESSAGE TO CONSUMERS THAT WE ARE DOING THE RIGHT
THINGS.ACTIVIST GROUPS ARE GOING TO TAKE ADVANTAGE OF EVERY OPPORTUNITY THEY CAN TO PUSH THEIR
PROGRAM FORWARD. PROBABLY 80 PERCENT OF WHAT THEY CARE ABOUT WITH ANIMAL WELFARE WE CARE
ABOUT TOO. 20 PERCENT THEY TRULY HAVE AN AGENDA. AND THAT'S TO KEEP ANIMAL PROTEIN OUT OF
DIETS.
THE AUSTIN PLANT IS ONE OF A FEW ACROSS THE COUNTRY THAT'S TESTING A RELATIVELY NEW INSPECTION SYSTEM THAT INVOLVES FEWER USDA INSPECTORS AND QUICKER PROCESSING LINES...
USDA SAYS THE NEW SYSTEM WAS NOT THE PROBLEM HERE...BECAUSE CHANGES  AREN'T IMPLEMENTED UNTIL FURTHER DOWN THE LINE.
CROP WATCH:
IN CROP WATCH WE SEE IN THE LATEST DROUGHT MONITOR THAT TEXAS HAS UNDERGONE A DRAMATIC TRANSFORMATION AWAY FROM DROUGHT. AFTER PERSISTENT RAINS, 90-PERCENT OF THE STATE IS DROUGHT-FREE.
A HANDFUL OF SPOTS ARE CONSIDERED ABNORMALLY DRY. AND JUST TWO COUNTIES NEAR THE OKLAHOMA BORDER HAVE MODERATE DROUGHT.
LOUISIANA IS 98-PERCENT DROUGHT FREE AFTER A VERY WET FALL. IF WE CONTINUE TO SEE HEAVY RAINFALL EVENTS, WHICH WE DO EXPECT TO SEE IN THIS EL NINO ENVIRONMENT, THAT COULD LEAD TO SIGNIFICANT WINTER AND PERHAPS INTO THE SPRINGTIME FLOODING ACROSS THE WESTERN GULF
COAST REGION THRU THE MISS DELTA AND PERHAPS EXPANDING TO OTHER REGIONS BESIDES THOSE TWO.
MEANWHILE ARKANSAS HAS MISSED SOME OF THOSE SHOWERS THIS FALL. AS A RESULT ITS DROUGHT LEVEL IS HIGHER THAN ITS NEIGHBORS TO THE SOUTH. 60-PERCENT OF THE STATE IS CONSIDERED ABNORMALLY DRY.
YOU MAY REMEMBER EARLIER THIS SUMMER WHEN SOUTHWEST ARKANSAS WAS INUNDATED WITH HEAVY RAINS, FORCING THE RED RIVER FROM ITS BANKS.
THIS IS WHAT IT LOOKED LIKE IN LUH-FAY'-ETTE COUNTY WHERE EIGHT FEED OF WATER SWAMPED GRAZING LAND IN THE RIVER BOTTOMS.
BUT AFTER THE WATER WENT DOWN, DROUGHT CONDITIONS MOVED IN, SO PASTURES COULD STILL NOT RECOVER.
KEN MOORE FROM THE ARKANSAS FARM BUREAU HAS THE STORY.
AND WE'VE JUST HAD TO FEED THEM ALL SUMMER. EVER SINCE THAT FLOOD. WE JUST WIPED OUT. WE
HAVEN'T HAD ANY GRASS.
BRETT FAWCETT'S RANCH SITS NEAR THE BANKS OF THE RED RIVER SOUTH OF ASHDOWN. THOUGH IT IS
LOW NOW DUE TO THE DROUGHT, THE RIVER INUNDATED HIS PROPERTY WITH WATER MORE THAN EIGHT FEET
DEEP IN PLACES THAT DIDN'T RECEDE UNTIL THE FIRST OF JULY. AS A RESULT HE'S HAD TO FEED HAY TO HIS
CATTLE BECAUSE HE'S HAD NO PASTURE FOR THEM GRAZE ON.
THE GRASS TRIED TO COME BACK A LITTLE BIT AFTER THE FLOOD BUT, IT TURNED OFF SO HOT AND SO DRY SO
QUICK IT DIDN'T REALLY HAVE A CHANCE. AND SO IT JUST QUIT GROWING.
RANCHERS LIKE FAWCETT THROUGHOUT MUCH OF ARKANSAS HAVE BEEN FEEDING HAY MUCH EARLIER
THAN NORMAL INCREASING THE EXPENSE OF RAISING THEIR HERD.
YOU'RE GOING TO HAVE TO FEED, GOING TO HAVE TO FIND SOMETHING TO FEED. GOING TO HAVE TO FIND
HAY OR SOMETHING. GOING TO HAVE TO BUY SOME FEED OR SUPPLEMENT TO GO WITH IT. A LOT OF TIMES
IN A DROUGHT THIS GRASS GETS WHERE IT'S OLD TOUGH GRASS, COWS DON'T DO REAL GOOD ON IT, YOU'VE
GOT TO FEED SOME SUPPLEMENT WITH IT. IT JUST COSTS MONEY.
SHORTLY AFTER OUR VISIT TO FAWCETT'S RANCH THE STATE RECEIVED ITS FIRST BENEFICIAL RAINFALL IN MORE
THAN FOUR MONTHS. HE'S HOPEFUL HE'LL BE ABLE TO GROW SOME PASTURE GRASS THAT WILL HELP HIM
MAKE IT THROUGH WINTER.
I'VE BEEN WORKING HARD TRYING TO GET WHEAT AND RYE GRASS PLANTED HOPING FOR A RAIN. I WAS
HOPING TO GET ONE BEFORE NOW TO GET SOME OF IT UP WHERE I AT LEAST HAVE SOME WINTER PASTURE
IN THE WINTER. I'M JUST WAITING, IF WE CAN GET SOME RAIN NOW AND GET IT UP THAT WILL REALLY HELP.
THOUGH IT'S BEEN A DIFFICULT YEAR FOR MANY ARKANSAS FARMERS AND RANCHERS, THEY KNOW BETTER
DAYS ARE COMING.
I'M GOING TO DO THE BEST I CAN. I MEAN, THAT'S JUST THE WAY IT IS. YOU'VE JUST TO TAKE DROUGHT,
FLOOD WHATEVER COMES, YOU'VE GOT TO DEAL WITH IT. YOU CAN'T JUST QUIT.
IT'S ALWAYS WORKED OUT. IF YOU JUST KEEP ON, KEEP AFTER IT AND WORK HARD, THINK AHEAD AND DO
THE BEST YOU CAN IT'S ALWAYS WORKED OUT SO FAR. IT JUST MAKES IT TOUGH AT TIMES BUT IT GETS
BETTER. THE IS KEN MOORE REPORTING.
DRY CONDITIONS EXPANDING PARTS OF THE CORN BELT. MIKE HOFFMAN SHOWS US WHERE IN CROPWATCH.
CROP WATCH:
GOOD MORNING CLINTON. THE DROUGHT MONITOR FROM ILLINOIS SHOWS DROUGHT EXPANDING ACROSS CENTRAL ILLINOIS. A FARMER IN COLES COUNTY SAYS HE'S BEEN FIXING TILE HOLES. HE'S NOT FINDING ANY WATER IN THEM AND THE GROUND ITSELF IS QUITE DRY THREE FEET DOWN. IN THE NORTHERN TIER STATES, THE "NASS" OFFICE IN MONTANA SAYS WINTER WHEAT IS HEADING INTO WINTER IN GOOD SHAPE. 73-PERCENT IS RATED AS GOOD TO EXCELLENT. THE FIVE YEAR AVERAGE IS 57-PERCENT. HOWEVER SOME CROP REPORTERS SAY THEY'RE STARTING TO HEAR CASES OF POWDERY MILDEW IN SOME WHEAT FIELDS. AND TAKING A LOOK AT THE DROUGHT MONITOR YOU CAN SEE THERE ARE POCKETS ACROSS THE CORN BELT WHERE THERE IS SOME MODERATE DROUGHT BUT THE WORST CASES OBVIOUSLY WEST OF THE CONTINENTAL DIVIDE AS IT HAS BEEN THE CASE FOR AT LEAST THE LAST 12 MONTHS WE'LL TALK ABOUT YOUR FORECAST COMING UP IN A FEW MINUTES ALRIGHT UP NEXT WE'RE TALKING MARKETS AND WAYS PRODUCERS CAN STILL LOCK IN VALUES--EVEN IN TIGHT TRADING RANGES. AND LATER, DON'T LET BUCK FEVER PREVENT YOU FROM STAYING SAFE THIS HUNTING SEASON.
A REMINDER ABOUT THE DANGERS OF TREE STANDS TODAY ON IN THE COUNTRY.

CME:
IN AGRIBUSINESS...PLENTY OF VOLATILITY FROM STOCKS THURSDAY ON WORRIES THE FED COULD RAISE INTEREST RATES.
LETS SEE HOW COMMODITIES FAIRED FROM THE FLOOR OF THE CME.
KINDA DEAD MONEY HERE. WE'RE SEEING RIGHT IN THE MIDDLE OF A RANGE THAT WE NEED TO GET ABOVE 3.67 1/2. THAT'S GOING TO BE THE TOPSIDE TARGET WE'RE LOOKING AT. ON THE BOTTOM SIDE, WE NEED TO HOLD THAT 3.56, 3.57 LEVEL. THAT'S BEEN VERY KEY. BUT FOR NOW YOU HAVE TO BE CAUTIOUS AND PLAY THE TECHNICAL LEVEL. AS FAR AS SOYBEANS, A COUPLE DIFFERENT FUNDAMENTAL FACTORS AT PLAY. WEATHER IN SOUTH AMERICA. LOOKS NEUTRAL FOR NOW BUT THERE COULD BE SOME SHAKEUPS IN THEIR FORECASTS IN THE NEAR FUTURE. LOOKING AT BRAZIL SPECIFICALLY, WE HAVE A TRUCKER STRIKE THAT HISTORICALLY HAS PUT A BID INTO THE MARKET. BUT NOW THE MARKET REALLY ISN'T BUYING INTO IT THIS YEAR. SO IF THAT DOES ESCALATE AND THE TRUCKERS DO STRIKE A LITTLE BIT LONGER, WE COULD POSSIBLY SEE SOME BUYERS COME INTO THE MARKET ON FEAR THEY WON'T BE ABLE TO EXPORT. IT'S NICE TO SEE SOME GREEN ACROSS THE BOARD AGAIN YESTERDAY. WE SAW LIMITS UP WHICH GAVE THE OPPORTUNITY FOR EXPANDED LIMITS TODAY. BUT LIVE CATTLE NOT REALLY FEELING IT. THE BUYING HAS SOMEWHAT SUBSIDED ON RELATIVELY LIGHT VOLUME. YESTERDAY'S UP DAY THE BULLS WOULD HAVE LIKED A LITTLE MORE CARRYOVER IN TODAY'S PRICE ACTION BUT WASN'T ABLE TO GET IT. AS FAR AS FEEDER CATTLE GOES, KINDA THE SAME SETUP. IT'S A DEAD CAT BOUNCE. NOT A WHOLE LOT OF CONVICTION OR VOLUME BEHIND THE MOVE. BUT THERE IS A LITTLE MORE UPSIDE WITH THIS. WE GOT THE GAP TOWARDS 175 TO 177, AS WELL AS THE 20 AND 50 DAY MOVING AVERAGE SO THAT'S THE TOP END TARGET FOR THE FEEDER CATTLE. THIS HAS BEEN OLIVER SLOUP WITH II TRADER FROM THE FLOOR OF THE CME.
AGRIBUSINESS:
DON ROOSE, MY GUEST HERE THIS MORNING AT THE AGRIBUSINESS DESK, U.S. COMMODITIES. DON, LET'S TALK ABOUT KIND OF THE MARKETS THAT WE HAVE SEEN RIGHT NOW. THEY HAVE REALLY TIGHTENED UP, BUT IT JUST KIND OF SEEMS LIKE THERE ARE NOT A LOT OF OPPORTUNITIES FOR TRADE RIGHT NOW. >
YEAH, I THINK WHEN YOU LOOK AT WHAT WE HAVE, CLINTON, WE HAVE BEEN IN ABOUT A 20-25 CENT TRADING RANGE ON CORN. MARKED CORN DOWN TO THE 3.70, 4.00 RANGE AND WE HAVE BEEN THAT WAY SINCE EARLY SUMMER, MIDAUGUST, SAME THING ON SOYBEANS IS BEEN ABOUT AN 8.60-9.30 RANGE. WHAT YOU REALLY HAVE TO DO IS WATCH SOME OF THESE TECHNICAL INDICATORS AND WHEN YOU GET OVERSOLD AND YOU ARE ON A BIG BREAK IN THE MARKET, REALIZE THAT LISTEN THEY ARE PROBABLY NOT GOING TO MOVE OUT OF THAT RANGE UNLESS THERE IS SOMETHING NEW. MAKE SURE THAT YOU DON'T MARKET AT THE BOTTOM. WHEN YOU SEE THOSE RALLIES AND YOU GET CLOSE TO THE TOP END OF THESE RANGES AND YOU GET A LITTLE BIT OVER BOUGHT MAKE SURE THAT YOU HAVE SOME INDICATORS THAT GIVE YOU THAT. THEN GO TO WORK AND OPEN UP THE SELLING ATTITUDE A LITTLE BIT, SO I THINK EVERY MARKET YOU HAVE TO BE AWARE WHAT KIND OF A MARKET YOU ARE REALLY IN.
ARE YOU IN A BEAR MARKET THAT HAS A LOT OF DOWNSIDE? OR ARE YOU IN A BEAR MARKET THAT ALREADY HAS MOST OF IT DISCOUNTED, SO FAR WE ARE IN A SUPPLY AND DEMAND BEAR MARKET THAT HAS AN AWFUL LOT OF IT ALREADY DISCOUNTED. > YEAH, IS IT DIFFERENT VERSUS LIVESTOCK RIGHT NOW? THOSE MARKETS SEEM TO BE IN DIFFERENT PLACES.> YOU KNOW THE LIVESTOCK MARKET IS REALLY PLAYING CATCH UP TO THE GRAIN MARKET. THE GRAIN MARKET WE PEAKED OUT IN 2012 AND WE HAVE BASICALLY BEEN IN A STAIR STEP DOWN. THE LIVESTOCK MARKET BASICALLY PEAKED OUT LAST YEAR, SO WE ARE IN A CATCH UP ON THE CATTLE AND THE HOGS. WE ARE RUNNING INTO THAT SUPPLY BEAR MARKET, WE REALLY HAVEN'T FOUND A DOWNSIDE OBJECTIVE YET. WHEN YOU ARE IN THAT KIND OF ENVIRONMENT, MAKE SURE THAT YOU HAVE TIGHTER RISK MANAGEMENT ON, UNTIL YOU FIGURE OUT WHERE WE ARE AT FROM THE DEMAND STAND POINT. > YEAH, BECAUSE WE HAVE SEEN SOME BIG SWINGS THERE JUST OVER THE LAST COUPLE OF WEEKS EVEN.> YEAH, CATTLE WILL GO FROM DOWN 25 TO UP 20 TO DOWN 15, ALL IN THE MATTER OF SIX WEEKS, SO YOU ARE EXACTLY RIGHT AND IT CAN BE CATASTROPHIC IF YOU ARE MARKETING INCORRECTLY DURING THOSE TIME FRAMES. > ALL RIGHT, DON GOOD ADVICE, APPRECIATE THAT. WE WILL BE BACK WITH MORE AGDAY IN JUST A MINUTE. FOR ALL YOUR RISK MANAGEMENT AND TRADING NEEDS, CALL ONE OF THE U.S. COMMODITIES SPECIALISTS AT 800-247-4071.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY HERE WITH METEORLOGIST MIKE HOFFMAN. MIKE WE'VE KIND OF WORKED OUR
WAY THROUGH STORMS IN THE MIDDLE OF THE COUNTRY THIS NOW THE PACIFIC NORTHWEST GETTING A GOOD DOSE. YEAH THE A VERY SLOW MOVING STORM KIND OF A CATCH 22. THEY NEED THE RAIN BUT YOU DON'T WANT IT TOO QUICKLY TO CAUSE SOME ACTUAL PROBLEMS. BUT THERE IS VERY LITTLE DOUBT WE'RE GOING TO GET THAT HEAVY RAIN ACROSS THE ESPECIALLY WE STERN PORTIONS OF WASHINGTON AND SOME OF THAT WILL SPREAD INTO OREGON AND EASTERN WASHINGTON AS WELL. AND THEN THE HIGHER ELEVATION IT WILL BE A FEW INCHES OF SNOW MORE THAN LIKELY OVER THE NEXT COUPLE OF DAYS. WE'LL PUT THE MAPS INTO MOTION AND THE REASON THERE'S SO MUCH GOING ON OUR THERE IS BECAUSE THIS IS A SLOW MOVING SYSTEM. TYPICALLY THESE COME IN LAST A FEW HOURS AND THEY'RE EAST. NOT THIS ONE THIS IS GOING TO BE VERY SLOW. EVERYTHING IS GOING TO BE BACKED UP ACROSS THE COUNTRY. MOST AREAS ARE NICE AND DRY WITH THESE TWO BIG AREAS OF HIGH PRESSURE DOMINATING THINGS. STILL SOME LINGER RAIN AND SNOW SHOWERS IN THE GREAT LAKES AND NORTHEAST AS WE HEAD THROUGH THE NEXT 24 HOURS. BUT BY TOMORROW MORNING WE'RE JUST TALKING A FEW FLURRIES IN THE EASTERN LAKES. MAYBE STILL SOME SNOW SHOWERS UPSTATE NEW YORK ON IN TO PARTS OF NEW ENGLAND AT LEAST AT THE START OF THE DAY. THEN AS WE HEAD THROUGH THE DAY THAT STORM SYSTEM WILL CONTINUE TO MOVE FARTHER AND FARTHER OFF SHORE. THE COLD FRONT MAKES IT ALL THE WAY PAST MIAMI BRINGING SOME CHILLIER AIR TO FOLKS IN SOUTHERN FLORIDA AND YOU CAN SEE THE RAIN CONTINUES BUT A LITTLE FARTHER EAST INTO WESTERN OR CENTRAL WASHINGTON AND WESTERN OREGON A LITTLE BIT OF MOISTURE COMING INTO THE EL PASO AS WELL. AS YOU CAN SEE IN TEXAS. PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS. LIGHT AMOUNTS ACROSS THE GREAT LAKES AND NORTHEAST. HEAVY AMOUNTS IN WESTERN WASHINGTON. ADDING ON THE NEXT 36 HOURS YOU CAN SEE THAT IT IS GOING TO BECOME LIGHTER IN THE FAR NORTHWEST BUT NONE THE LESS ITS STILL GOING TO KIND OF CONTINUE TO COME DOWN IN PLACES THAT HAVE ALREAD HAD A LOT OVER THE PAST COUPLE OF DAYS. NOW TAKING A LOOK AT SNOWFALL ESTIMATES WE'VE SEEN SOME ACCUMULATING SNOW THE UP OF MICHIGAN NORTHERN WISCONSIN NORTHEASTERN MINNESOTA. ADDING ON THE NEXT 36 HOURS YOU CAN SEE HOW WE'LL ADD JUST A LITTLE BIT MORE IN THE EASTERN LAKES AND NEW ENGLAND. NONE OF THAT IS GOING TO STICK AROUND VERY LONG THOUGH. TEMPERATURES AS YOU CAN SEE 30'S AND 40'S FOR HIGHS THIS AFTERNOON THE GREAT LAKES INTO NEW ENGLAND 60'S ALL THE WAYS DOWN INTO THE GULF COAST EXCEPT FOR THE PENINSULA OF THE FLORIDA. LOTS OF 40'S AND 50'S OUT WEST UNTIL YOU GET INTO THE DESERT SOUTHWEST. LOW TEMPERATURES TOMORROW MORNING BOY A WIDE SPREAD AREA OF 30'S. YOU CAN SEE ABOUT HALF OF THE COUNTRY EXPECTED TO BE IN THE 30'S BY TOMORROW MORNING. HIGH TEMPERATURES TOMORROW AFTERNOON IT STARTS TO WARM UP AGAIN BACK INTO THE 60'S ALL THE WAY UP INTO PARTS OF NEBRASKA AS WE HEAD INTO THE AFTERNOON HOURS. MAYBE INTO THE DAKOTA'S IN SOME PLACES YOU CAN SEE HIGHS ONLY THE 40'S IN THE EAST THOUGH. THE JET STREAM SHOWS THAT BIG TROUGH DOESN'T LAST LONG. THE RIDGE COMES BACK SO WE TRY TO WARM THINGS UP EARLY IN THE WEEK. IT'S BEEN THIS COMPLICATED TROUGH TRIES TO COME EASTWARD. THIS COULD BE A PRETTY WET WEATHER MAKERS FOR THE MIDDLE OF THE COUNTRY FOLLOWED BY COLDER AIR LATER NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY NOW LETS TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL FOR HOLBROOK ARIZONA ABUNDANT SUNSHINE AND COOL TODAY. HIGH TEMPERATURE OF 56. MASON CITY IOWA PARTLY SUNNY AND BREEZY HIGH OF 46 AND MACON GEORGIA A GOOD DEAL OF SUNSHINE A PLEASANT AFTERNOON HIGH OF 65 DEGREES.
TEASE:
UP NEXT THE WHEAT INDUSTRY SAYS IT'S TIME TO FIGHT FOR ITS FUTURE. AND LATER, THE IMPORTANCE OF TREE STAND SAFETY AS HUNTERS HEAD TO THE WOODS.
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.
A PLANT THAT COULD REVITALIZE THE U.S. WHEAT INDUSTRY:
THE NATIONAL WHEAT FOUNDATION AND NATIONAL ASSOCIATION OF WHEAT GROWERS SAY THEY'RE WORKING ON A PLANT TO REVITALIZE THE U.S. WHEAT INDUSTRY.
THE GROUPS CALLING IT THE NATIONAL WHEAT ACTION PLAN.
THEY HOPE TO INCREASE PUBLIC AND PRIVATE RESEARCH, IMPROVE PRODUCTIVITY AND MAKE FARMERS MORE PROFITABLE.
LEADERS SAY THE WHEAT INDUSTRY IS FACING DECREASED PROFITABILITY IN COMPARISON TO OTHER CROPS, MORE GLOBAL COMPETITION, NEGATIVE CONSUMER SENTIMENT AND A LACK OF SIGNIFICANT PRODUCTIVITY GAINS.
FARMERS CONTINUE TO INCREASE THE NUMBER OF ACRES WITH COVER CROPS IN THE OFF SEASON. THAT'S ACCORDING TO A NEW COVER CROP SURVEY FROM THE CONSERVATION TECHNOLOGY INFORMATION CENTER.
THEY FOUND THAT FROM 2013 TO 2014--THE TOTAL ACREAGE OF COVER CROPS CLIMBED 20 PERCENT. OF THE FARMERS SURVEYED MOST PLAN TO PLANT AN AVERAGE OF 300 ACRES OF COVER CROPS IN 2015.
AND A NEW CO-BANK REPORT SAYS THE U.S. NITROGEN FERTILIZER MARKET IS ON THE CUSP OF A TRANSFORMATION. IT EXPECTS DOMESTIC PRODUCERS TO BOOST PRODUCTION AS NATURAL GAS
PRICES FALL...MAKING U.S. AMONG THE WORLD'S LOWEST COST PRODUCERS. THE U.S. HASN'T BUILT A NEW FERTILIZER PLANT IN THE PAST 15 BUT CO-BANKS EXPECTS NEW PRODUCTION TO START ROLLING OUT IN THE NEXT 2 TO 3 YEARS.
TEASE:
UP NEXT, A CAUTIONARY TALE FOR HUNTERS PREPARING TO HEAD OUT TO THE WOODS. A SAFETY REMINDER WHEN WE COME BACK.

IN THE COUNTRY:
IT MAY SURPRISE YOU THE LEADING CAUSE OF INJURY TO HUNTERS IS NOT GUN SHOT WOUNDS, BUT FALLS FROM TREE STANDS. KENT FADDIS WITH THE UNIVERSITY OF MISSOURI TELL US MANY OF THESE HUNTING ACCIDENTS CAN BE AVOIDED.
FOR JACOB QUICK HUNTING HAS ALWAYS BEEN PART OF HIS LIFE… AND HUNTING SAFETY IS HIS TOP PRIORITY.
"EVENTUALLY, THE MORE TIME YOU SPEND IN THE WOODS AND THE MORE TIME YOU SPEND DOING THIS THINGS YOU WILL HAVE AN ACCIDENT."
HE IS ALL TOO FAMILIAR WITH THESE ACCIDENTS, BECAUSE QUICK IS ALSO A TRAUMA SURGEON AT UNIVERSITY OF MISSOURI HEALTH CARE.
EVERY YEAR MU DOCTORS TREAT 40-T0-50 HUNTING RELATED INJURIES… MOST ARE FALLS FROM TREE STANDS.
THAT'S WHY WEARING A SAFETY HARNESS IS SO IMPORTANT. IT'S BEEN A YEAR SINCE BRANDON STALLO (STAH-LOW) WAS SERIOUSLY INJURED…HE FELL 20 FEET.
"LAST THING I REMEMBER WAS THAT I HAD ONE STRAP AROUND THE TREE STAND ALREADY AND WORKING A GETTING THE SECOND ONE AND THAT IS THE LAST THING I REMEMBER." STALLO SPENT 16 DAYS IN THE HOSPITAL AND 4 MONTHS IN RECOVERY.
"IT COULD HAVE BEEN SO MUCH WORSE."
DR. QUICK SAYS THESE FALLS CAN BE LIFE THREATENING.
"SPINAL INJURIES ARE A BIG ONE, YOU CAN INTER-ABDOMINAL INJURIES, INJURIES TO THE CHEST, PENETRATING INJURIES FROM THE STICKS ON THE WAY DOWN OR INJURIES FROM YOUR OWN EQUIPMENT."
DR. QUICK URGES HUNTERS TO PRACTICE USING THEIR SAFETY EQUIPMENT
AT GROUND LEVEL AND IN POOR LIGHTING CONDITIONS.
DON'T THINK OF THE SAFETY HARNESS AS AN OBSTACLE BUT AS A LIFELINE.
"WHEN YOU CLIMB UP AND LOCK INTO THAT TREE…IT TAKES LESS THAN 30 SECONDS TO DO THAT AND THAT 30 SECONDS CAN BE LIFE SAVING."
CLOSING:
FROM THE UNIVERSITY OF MISSOURI, KENT FADDIS REPORTING.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.
PROMO:
I'M CLINTON GRIFFITHS. BE SURE TO JOIN US MONDAY AS WE BEGIN A NEW WEEK IN AGRICULTURE. WE'LL HAVE THE LATEST NEWS AND WEATHER FROM FARM COUNTRY, PLUS WE'RE KEEPING OUR EYES ON GRAIN MARKETS IN CHICAGO.
WATCH US WEEKDAYS HERE ON AGDAY.

 

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