AgDay Daily Recap -November 4, 2015

November 4, 2015 02:57 AM
 

TODAY ON AGDAY
NOVEMBER 4, 201
5


OPENING HEADLINES:
A MAJOR MERGER IN THE PRECISION WORLD. WATER POLITICS -AS THE SENATE TAKES ON A CONTENTIOUS CLEAN WATER RULE.
OUR EXCLUSIVE HARVEST TOUR LOOKS AT ONE PART OF THE CORN BELT THAT MISSED THE SATURATED SPRING. IN AGRIBUSINESS -WHAT CAN WE EXPECT FOR WHEAT DEMAND NEXT YEAR? THAT THE MARKETS ARE NOT A HOCKEY STICK, THAT IS WE DON'T GO DOWN AND THEN JUST STAY IN A STRAIGHT LINE, STAY AT A FLAT LEVEL, THEY ARE MORE OF A POGO STICK.
THEY GO DOWN TOO FAR AND THEN UP TOO FAR. AND GET READY FOR SOME FALL-FAMILY FUN AT A TEXAS CORN MAIZE.
JOHN DEERE PRECISION ACQUISITION:
GOOD MORNING I'M BETSY JIBBEN. CLINTON IS ON ASSIGNMENT. THE PRECISION WORLD IS GETTING SMALLER IN AGRICULTURE. JOHN DEERE ANNOUNCING TUESDAY IT’S PURCHASING MONSANTO'S PRECISION AGRICULTURE BUSINESS. THE TWO COMPANIES HAVE BEEN VISIBILE COMPETITORS FOR YEARS, BUT NOW AGREEING TO WORK TOGETHER MOVING FORWARD. THE NEWS COMES AS JOHN DEERE IS FACING A THIRD STRAIGHT YEAR OF SLIMMER REVENUE AND EARNINGS.
THIS IS THE THIRD PRECISION ACQUISITION FOR DEERE IN JUST FIVE WEEKS. THE COMPANY ANNOUNCED MONDAY IT’S ACQUIRING MONOSEM {MON-UHSEM},
WHICH IS THE EUROPEAN MARKET LEADER IN PRECISION PLANTERS. WHILE DETAILS OF THE DEAL ORE STILL SURFACING, HERE'S WHAT WE KNOW SO FAR. JOHN DEERE IS ONLY ACQURING THE PRECISION PLANTING BUSINESS FROM MONSANTO. PRECISION WILL OPERATE INDPENDENTLY AS A WHOLLY OWNED SUBSIDIARY OF DEERE. THAT MEANS PRECISION'S PRODUCT PORTROLIO, INCLUDING HARDWARE, SENSORS AND DISPLAY SYSTEMS, AS WELL AS THE MAJORITY OF PRECISION PLANTING'S EMPLOYEES AND RELATIONSHIPS WITH DEALERS WILL REMAIN INTACT AND MANAGED BY DEERE.
MONSANTO WILL KEEP CLIMATE CORPORATION AND ITS FIELD VIEW TECHNOLOGY. AS PART OF THE ACQUISITION, MONSANTO'S FIELDVIEW PLATFORM WILL NOW HAVE REAL-TIME ACCESS TO JOHN DEERE'S IN-CAB WIRELESS CONNECTION, WHICH ESSENTIALLY MEANS THE TWO SYSTEMS CAN NOW TALK.
BOTH COMPANIES SAY CUSTOMERS WILL HAVE THE OPTION TO SHARE CURRENT AND HISTORICAL AGRONOMIC DATA BETWEEN THE TWO, MAKING AGRONOMIC PRESCRIPTIONS OCCUR QUICKER WITH JOHN DEERE EQUIPMENT. TERMS OF THE NEW TRANSACTION WEREN'T DISCLOSED AND IS STILL SUBJECT TO REVIEW, BUT IS EXPECTED TO CLSOE IN 60 TO 90 DAYS.

JBS AND CARGILL MERGE:
IN OTHER ACQUSITION NEWS, THE J-B-S AND CARGILL PORK MERGER IS A DONE DEAL. J-B-S SAYS IT'S COMPLETED THE ONE-AND-A-HALF BILLION DOLLAR ACQUSITION OF CARGILL'S PORK BUSINESS WITHOUT ANY RESTRICTIONS FROM REGULATORS. THE U-S SENATE APPEARS TO BE PADDLING UP-STREAM IN ITS EFFORTS TO RESCIND THE "WATERS OF THE U-S" RULE WRITTEN BY E-P-A.
THE SENATE FAILED TO PASS A PROCEDURAL "CLOTURE" VOTE THAT WOULD HAVE REQUIRED A NEWLY WRITTEN RULE. THE VOTE WAS 57-TO-41. IT NEEDED 60 TO PASS.
THE I80 HARVEST TOUR :
HARVEST IS WRAPPING UP AROUND THE CORN BELT.. AND FOR MOST STATES, MUCH EARLIER THAN NORMAL.
96 PERCENT OF CORN AND SOYBEANS ARE HARVESTED IN ILLINOIS. BOTH POINTS AHEAD OF THE 5-YEAR AVERAGE FOR EACH CROP. FOR THIS I-80 HARVEST REPORT, WE HEAD TO THE CENTRAL PORTION OF THE 'I' STATE, TO AN AREA MOSTLY SPARED FROM MOTHER NATURE'S RAIN THIS GROWING SEASON.
MOST FIELDS ARE NOW BARE IN ILLINOIS…BUT IF YOU LOOK CLOSELY, SOME FARMERS ARE STILL FINISHING UP.
"I JUST STARTED A LITTLE LATER SO I'M GETTING DONE A LITTLE LATER,"
MOWEAQUA, ILLINOIS FARMER, MATT BURGENER IS ROLLING ON THE LAST OF HIS ACRES. HE'S SAID THIS HARVEST WENT BY FAST.. BECAUSE IT'S BEEN ONE OF THE DRIEST ON RECORD.
ACCORDING TO THE ILLINOIS STATE WATER SURVEY POSTED LATE OCTOBER BY THE STATE'S CLIMATOLOGIST… LATE OCTOBER RAINS MOVED THE STATE FROM THE SECOND DRIEST OCTOBER ON RECORD TO THE 13TH DRIEST. WHILE HARVEST HAS GONE QUICKLY, THE WHOLE GROWING SEASON DIDN'T RUN AS SMOOTHLY.
HIS AREA RECEIVED ABOUT 15 INCHES OF RAIN IN JUNE. HE SAYS FIELDS TURNED OUT OK, BUT THE DAMAGE STARTS TO SHOW JUST 20 MINUTES DOWN THE ROAD.
"WE WERE EXTREMLY WET IN JUNE. NOT AS WET AS EVERYONE AROUND US BUT IT DIDN'T SEEM AS IF IT WAS GOING TO STOP RAINING IN JUNE. AFTER MID-JULY, IT DID STOP RAINING AND IT DIDN'T START UP AGAIN,"
TO BURGENER'S SURPRISE, SOYBEANS EXCEEDED EXPECTATIONS. LIKE MOST OF THE EASTERN BELT, CORN WAS VARIABLE.
"CORN WAS AVERAGE. NORTHING AS GOOD AS LAST YEAR, PROBABLY 20 PERCENT LOWER THAN LAST YEAR," OTHER THAN A FEW ISOLATED CASES WHERE WE HAD TOO MUCH WATER, SOYBEAN YIELDS WELL ABOVE EXPECTATIONS.. RUNNING 60, 70, SOME EVEN 80 BUSHEL BEANS,"
HE'S FILLED UP HIS ON-FARM STORAGE AND HE'S NOW BUSY HAULING GRIAN TO TOWN.
"TRUCKS WERE TURNED AROUND FAIRLY QUICKLY. ONLY RARELY DID WE HAVE TO WAIT IN LINE,"
TODAY HE'S WATCHING THE SKY… HOPING FOR A FALL SHOWER.
"HARVEST WEATHER HAS BEEN AMAZING. THIS IS SOME OF THE NICEST HARVEST  WEATHER I'VE SEEN IN A LONG TIME,"BUT LIKE HIM.. THESE DUSTY FIELDS ARE READY TO START PREPPING FOR  2016.
NOW BURG-IN-ER SAYS HE HAS RECEIVED ABOUT AN INCH AND A HALF OF RAIN OVER THE LAST WEEK. BUT MORE IS WELCOMED.
HE ALSO SAYS TEST WEIGHTS WERE VERY HIGH THIS YEAR IN BOTH CORN AND SOYBEANS.
TRANSCANADA IS ASKING THE OBAMA ADMINISTRATION TO PUT THE KEYSTONE XL PIPELINE ON HOLD FOR NOW. THE CANADIAN COMPANY WANTS THE U-S TO SUSPEND A YEAR-LONG REVIEW OF THE PROJECT.
THE PIPELINE HAS WEIGHED HEAVILY ON THE PRESIDENT'S CLIMATE CHANGE PLAN. IF TRANSCANADA'S REQUEST IS GRANTED, IT COULD PUSH-OFF THE REGULATORY APPROVAL UNTIL AFTER THE 2016 PRESIDENTAL ELECTION.
ACCORDING TO A POLITICO PRO TWEET, THE WHITE HOUSE SAYS TRANSCANADA'S REQUEST TO DELAY THE REVIEW MAY NOT PREVENT DECISION.
CROP WATCH:
FOLKS LIKE TO GET TO APPLE PICKING IN THE FALL WITH THE FAMILY. BUT APPLE SEASON IS JUST ABOUT OVER. MIKE HOFFMAN HAS MORE IN CROPWATCH.
GOOD MORNING BETSY. CROPWATCH WILL FOCUS ON APPLE HARVEST. THE STATE "NASS" REPORT
FROM PENNSYLVANIA SAYS MOST APPLE HARVESTING HAS BEEN COMPLETED FOR THE SEASON.
IN NEW YORK, APPLE PICKING REACHED 88-PERCENT. A CROP REPORTER IN THE HUDSON VALLEY SAYS IT WAS A DRY GREOWING SEASON, BUT WET THE PAST COUPLE OF WEEKS.
AND IN WASHINGTON STATE, GROWERS SEEM FOCUSED ON WINTERIZING THEIR IRRIGATION EQUIPMENT AND ORCHARDS, THE WASHINGTON STATE APPLE COMMISSION SAYS THE TREES NEED 900 TO 1,000 HOURS BELOW 45 DEGREES TO PREPARE THE TREES AND FRUIT BUDS FOR THE NEXT SEASON.
NOW TAKING A LOOK AT THE CROP MOISTURE LOOK AT THE HUGE TURN AROUND DOWN IN THE SOUTHERN PLAINS SOUTHERN MISSISSIPPI VALLEY TWO WEEKS AGO THAT WAS ALL RED NOW IT'S ALL GREEN PRETTY WET IN THE EAST AND PARTS OF THE MIDWEST AS WELL I'LL HAVE MY FORECAST COMING UP.
THANKS, MIKE. SEVERE DROUGHT IN CHINA IS DEPLETING ANY HOPES OF A RECORD CROP THIS YEAR. AND PORK PRODUCERS IN THE COUNTRY WERE BANKING ON AMPLE CORN SUPPLIES TO FEED THE GROWING POPULARITY IN THE WHITE MEAT.
HERE'S A MAP OF CHINA'S MAIN GROWING REGION.
CORN PRODUCTION WAS PREDICTED TO SEE AN ALL-TIME HIGH AS GROWERS BUMPED UP ACRES THIS YEAR. INSTEAD, BLOOMBERG REPORTS PRODUCTION WILL FALL NEARLY 6 PERCENT, WHICH IS THE BIGGEST DROP IN 15 YEARS.
CHINA RANKS SECOND IN GROWING AND CONSUMING CORN, JUST BEHIND THE U-S.
WELL, COTTON IS ANOTHER CROP IN CHINA THAT'S SHRINKING. CHINA'S SHARE OF THE COTTON MARKET IS EXPECTED TO SHRINK BY TWOTHIRDS. THAT'S THANKS TO A 2-YEAR SUPPLY OF COTTON IN ITS WAREHOUSES.
THE INTERNATIONAL COTTON ADVISORY COMMITTEE ESTIMATES CHINA WILL IMPORT LESS THAN 1.4 MILLION TONNES OF COTTON DURING THIS MARKETING YEAR, DOWN 24 PERCENT FROM LAST YEAR.
TEASE:
NEXT WE ANALYZE THE 2016 WHEAT MARKET WITH ALAN BRUGLER. LATER, THE INVESTIGTION INTO AN E-COLI OUTBREAK AT CHIPOTLE GETS MORE FOCUSED.
AND MEET A FARM FAMILY FROM THE LONE-STAR STATE WHO GOES "LOW TECH" TO ENTERTAIN KIDS OF ALL AGES.
CME:
NOW LET'S HEAD TO THE FLOOR OF THE CME FOR TUESDAY'S GRAIN TRADE ACTION.
TUESDAY'S GRAIN SAW HIGHER PRICES PRETTY MUCH ACROSS THE BOARD. I DON'T THINK IT SHOULD BE A SURPRISE. WE'VE EXPECTED THESE LEVELS WOULD HOLD. OF COURSE THE 8.80'ISH LEVEL HELD IN SOYBEANS. 370-375 HELD IN CORN AND 5 DOLLARS HELD IN WHEAT. AGAIN WE LOOK FOR HIGHER PRICES. BUT REMEMBER THERE ARE SO MANY OUTSIDE FACTORS TODAY INVOLVED IN THE OVERALL MARKETS. AND SO MUCH MANIPULATION THROUGH OUT THE GLOBE OF WHAT'S GOING ON IN THE GLOBE, THAT IT'LL CREATE MORE TURMOIL WHEN YOU LOOK TO TRADE OR YOU'RE A PRODUCER LOOKING TO HEDGE. BUT AT THE END OF THE DAY, 375-380 -370 ANYWHERE IN THAT AREA, YOU WANT TO BE A BUYER OF CORN. ANYWHERE FROM 875-TO-880 IN SOYBEANS YOU WANT TO BE A BUYER OF SOYBEANS. AND ANYWHERE FROM 5 BUCKS OR SO IN WHEAT YOU WANT TO BE A BUYER. TUESDAY'S LIVESTOCK LOOKED TO BE PRETTY UGLY AND I GUESS REALLY UGLY IN THE HOG MARKET AS HOGS CONTINUE TO GET SLAUGHTERED, PARDON THE PUN. OF COURSE YOU CONTINUE TO SEE WE TALKED ABOUT LAST WEEK THAT 60.50 HAD TO HOLD. AND 60.50 DID NOT HOLD AND NOW WE'RE TAKING OUT THE LOWS AND WE'RE GOING DOWN IN A RAPID PACE EVERY SINGLE DAY. BUT OVERALL, I THINK YOU NEED TO WAIT AND BE CALM HERE. YOU CAN'T SELL HERE AND CERTAINLY BE A BUYER HERE. OVERALL THAT'S THE WAY I SEE IT. THIS IS TODD HORWITZ FROM BUBBA TRADING DOT COM, COMING TO YOU FROM CME GROUP FLOOR IN CHICAGO.

AGRIBUSINESS:
WITH WINTER WHEAT IN THE GROUND, WHAT CAN WE EXPECT FOR PRICES AND EXPORT DEMAND AS 2016 NEARS? CLINTON GRIFFITHS HAS AN UPDATE.
ALAN BRUGLER, BRUGLER MARKETING AND MANAGEMENT, OUR GUEST HERE AT THE AGRIBUSINESS DESK TODAY. ALAN, LET'S TALK A LITTLE BIT ABOUT THE WHEAT MARKET, YOU KNOW WHEAT CROPS, WHEN ARE WHEAT CROPS GOING IN THE GROUND? WE ARE STARTING TO GET SOME CONDITION RATINGS. WHAT IS THE PRICE LOOKING LIKE FOR US RIGHT NOW?> WELL, NO QUESTION WE HAVE BEEN UNDER PRESSURE, WORLD WHEAT STOCKS ARE RECORD HIGH, STOCKS USAGE RATIOS THE WORSE IT'S BEEN IN FOUR OR FIVE YEARS, BUT WE HAVE TO REMEMBER THAT THE MARKETS ARE NOT A HOCKEY STICK, THAT IS WE DON'T GO DOWN AND THEN JUST STAY IN A STRAIGHT LINE, STAY AT A FLAT LEVEL, THEY ARE MORE OF A POGO STICK. THEY GO DOWN TOO FAR AND THEN UP TOO FAR AND IN ECONOMIST TERMS THEY ARE MEAN REVERTING--THEY GO BACK TO AVERAGE. SO IN THIS CASE, WE HAVE HIT THE WHEAT PRETTY HARD, WE GOT DOWN TO PREVIOUS CHART SUPPORT, WE GOT OVERSOLD TECHNICALLY, SO THERE IS A PLACE WHERE A SPECULATOR MIGHT SAY, 'YEAH, I'M GOING TO TAKE A SHOT AT THE UPSIDE HERE.' FUNDS HAD A FAIRLY BIG NET SHORT POSITION, SO END OF MONTH HERE IN OCTOBER WE GOT SOME BUYING BACK OF THOSE SHORTS, ASSET ALLOCATION TO MOVE TO OTHER COMMODITIES AND THE REALITY HAS TAKEN ON A LIFE OF ITS OWN.> OK, AND CAN IT CONTINUE? AS WE GET INTO TO 2016, WE HAVE GOT TO ENTICE PEOPLE TO GET THE CROP INTO THE GROUND, RIGHT?> UH, WE'VE GOT THE WINTER WHEAT IN THE GROUND ALREADY. SPRING WHEAT HAS A LITTLE TIME TO PLAY WITH RIGHT HERE. I THINK THE BIGGER QUESTION IS DO WE START TO SEE MORE DEMAND, BECAUSE WE ARE DOWN TO THE FIVE DOLLAR LEVELS GLOBALLY? DO WE FEED MORE WHEAT TO GET RID OF SOME OF THE POOR QUALITY STUFF? THE RUSSIAN CROP HAS SOME ISSUES GOING INTO THE GROUND, DOES THAT CONTINUE? AT THE CURRENT TIME, THE PRIVATE ESTIMATES FOR AUSTRALIA ARE ABOUT THREE MILLION TONS SMALLER THAN THE USDA ESTIMATE FROM OCTOBER. EL NINO IS IN FULL EFFECT OVER THERE. DOES THE USDA BELIEVE THAT WE HAVE LOST THAT MUCH PRODUCTION? IF YOU DO, THAT'S ANOTHER HUNDRED AND TWENTY MILLION BUSHELS OF POTENTIAL EXPORTS. RIGHT NOW EXPORTS ARE POOR, BUT THEY DID SHOW SOME IMPROVEMENT THIS PAST WEEK AS PRICES GOT LOWER.> SO, WHAT YOU ARE SAYING IS IT'S A MARKET THAT WE NEED TO WATCH, BUT MAY BE SOME POTENTIAL THERE?> POTENTIAL FOR SOME CORRECTIVE BOUNCES, CAN WE GET SIX DOLLARS? THAT WILL TAKE A LITTLE MORE WORK.> OK, THANKS ALAN. WE WILL BE BACK WITH MORE AGDAY RIGHT AFTER THIS.)
NATIONAL WEATHER:
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, YOU SAID IT EARLIER. TEXAS IS REALLY SEEING A TURN-AROUND WITH ALL OF THAT RAIN THEY ARE RECEIVING. IS THERE MORE RAIN IN THE FORECAST?
YES, THERE IS. AS THIS NEXT SYSTEM COMING OUT OF THE FOUR-CORNER REGION MOVES EAST, PARTS OF TEXAS WILL GET A DECENT AMOUNT OF RAIN AGAIN. HOWEVER AS OF NOW, HIGH PRESSURE FROM TEXAS AND LOUISIANA AND NORTHEASTWARD INTO THE NORTHEAST PART OF THE COUNTRY, KEEPING A HUGE SWATH OF THE COUNTRY NICE AND DRY. STILL SOME SCATTERED SHOWERS LINGERING WITH A WEAKENING AREA OF LOW PRESSURE IN THE CAROLINA'S. YOU CAN SEE SOME RANGE OF MOUNTAIN SNOWS IN THE WEST. THAT'S MAINLY BEHIND THAT SYSTEM. THAT'S NOT A LOT OF MOISTURE AHEAD OF IT. BUT THAT'S GOING TO CHANGE AS WE HEAD THROUGH TODAY. WE'RE GOING TO START TO SEE SOME SCATTERED SHOWERS INTO THE RIO GRANDE VALLEY. THAT WILL START TO SPREAD NORTHWARD OUT AHEAD OF THAT COLD FRONT. BUT STILL, VERY WARM FOR THIS TIME OF YEAR. EVERYWHERE EAST OF THE COLD FRONT OF THAT WARM FRONT IN THE OHIO VALLEY, GREAT LAKES, BACK INTO THE MANY PARTS OF THE PLAINS. ONCE THIS COLD FRONT COMES THROUGH, YOU WILL NOTICE A BIG CHANGE WITH TEMPERATURE. YOU'LL ALSO NOTICE SHOWERS AND THUNDERSTORMS DEVELOPING FROM THE RED RIVER VALLEY DOWN INTO TEXAS AND THAT'S GOING TO CONTINUE TO INTENSIFY AS WE HEAD THROUGH THE DAY AND ACTUALLY SPREAD NORTHWARD INTO PARTS OF MISSOURI, IOWA AND PARTS OF ILLINOIS BY LATE IN THE DAY TODAY. HIGH PRESSURE MOVING SLOWLY EASTWARD ALONG THE GULF COAST AND OFF INTO THE ATLANTIC. NEXT COLD FRONT COMING INTO THE PACIFIC NORTHWEST, NORTHERN ROCKIES DOESN'T HAVE A LOT OF MOISTURE WITH IT UNLIKE THE LAST COUPLE. IT WILL STILL CAUSE SHOWERS OF RAIN AND SNOW DEPENDING ON THE ELEVATION. PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS, SOME HIT AND MISS AREAS OF RAIN IN THE SOUTHEASTERN PART OF THE COUNTRY AND OUT WEST. SOME DECENT AMOUNTS IN MONTANA AND IDAHO. LET'S ADD ON THE NEXT 36 HOURS. WE'RE GOING TO START TO GET HEAVY AGAIN. IT DEPENDS WHERE THE THUNDERSTORMS DEVELOP IN TEXAS. MAY BE A STRIP THAT GETS THREE TO FOUR INCHES OF RAIN. THAT MAY NOT BE A WHOLE LOT EAST IN WEST OF THAT. WE WILL HAVE TO WATCH THAT AS WE HEAD THROUGH THE DAY TOMORROW. TAKE A LOOK AT TEMPERATURES. IT'S WARM THIS TIME OF YEAR. THAT'S ALL THE WAY UP TO MINNEAPOLIS. UP TO MICHIGAN WARM. ALL THE WAY TO THE GULF COAST. LOTS OF HIGHS IN THE 40S THROUGHOUT THE ROCKIES. LOW TEMPERATURES TONIGHT ARE IN THE 20S AND THIRTIES FOR MANY PARTS OF THE ROCKIES. THAT'S EVEN IN THE WEST COAST AS YOU CAN SEE THERE. EVEN 50S AND 60S IN THE OHIO VALLEY AND CENTRAL AND EASTERN PORTIONS OF THE CORN BELT. THAT'S STILL MILD TOMORROW. BUT MUCH COLDER BEHIND IT. THINGS ARE ABOUT TO CHANGE. WE'VE SEEN THIS SIT HERE FOR THREE OR FOUR DAYS NOW. IT'S GOING TO MOVE AS WE HEAD THROUGH THE WEEKEND. A QUICK SHOT OF COLDER AIR. THEN THE RIDGE COMES BACK. BUT THEN WE DON'T SEE THAT RIDGE HOLDING NEXT WEEK LIKE WE DID THIS WEEK. THE NEXT TROUGH DOESN'T SIT OUT WEST. IT STARTS TO MOVE EASTWARD. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS.
REGIONAL WEATHER:
WE WILL HEAD TO CASPER, WYOMING. IT'S MOSTLY CLOUDY. THERE ARE A COUPLE OF SHOWERS POSSIBLE. A HIGH TEMPERATURE OF 45. FORT SMITH, ARKANSAS HAS MORNING CLOUDS AND FOG. THEN SOME SUNSHINE. THAT'S A HIGH OF 76.
ROCHESTER, NEW YORK HAS LOTS OF SUNSHINE. IT'S WARM. THE HIGH IS 72. INVESTIGATORS GET A STEP CLOSER TO FIGURING OUT WHAT MADE SOME CHIPOTLE CUSTOMERS SICK. DETAILS STRAIGHT AHEAD.
TEASE:
AND CORN MAZES ARE COMMON IN THE FALL. BUT AT THIS FARM IN TEXAS, THE MAZE IS SHORT ON "MAIZE". WE'LL EXPLAIN WHEN WE HEAD IN THE COUNTRY.
 RECEIVE A FREE TRIAL OF THE DAILY MARKET LETTER AND GAIN KNOWLEDGE ABOUT CURRENT MARKET CONDITIONS FROM THE PROFESSIONALS AT BOWER TRADING. VIEW THE MARKETS LIKE NEVER BEFORE .GO TO BOWERTRADING-DOT-COM.
CHIPOTLE UPDATE:
AN UPDATE TO A STORY WE FIRST BROUGHT YOU TUESDAY REGARDING THE RECENT E-COLI OUTBREAK IN SEVERAL CHIPOTLE STORES. OREGON PUBLIC HEALTH OFFICIALS THINK IT'S LIKELY DUE TO CONTAMINATED PRODUCE.
SO FAR THAT OUTBREAK HAS TEMPORARILY CLOSED MORE THAN 40 STORES IN BOTH OREGON AND WASHINGTON STATE.
THE SAME HEALTH OFFICIAL SAID THEY AREN'T RULING OUT MEAT AS BEING THE SOURCE, BUT SAY FROM WHAT THEY'VE GATHERED SO FAR, IT SEEMS THE COMMON DENOMINATOR IS A VEGETABLE.
CHIPOTLE'S STOCK TUMBLED 2 POINT 5 PERCENT MONDAY AFTER ANNOUNCING THE STORE CLOSINGS.
DIET SHOULD BE REDUCED IN RED MEAT TO DECREASE RISK OF CANCER:
THE WORLD HEALTH ORGNAIZATION, OR W-H-O, IS CLARIFYING THE RECENT IARC STUDY LINKING RED AND PROCESSED MEAT TO CANCER. W-H-O SAYS THE LATEST REVIEW ISN'T ASKING POEPLE TO STOP EATING PROCESSED MEATS, BUT ADDS REDUCING CONSUMPTION OF THOSE PRODUCTS CAN REDUCE THE RISK OF CANCER.
NEXT YEAR W-H-O WILL MEET TO LOOK AT THE LINKS BETWEEN DIET AND DIESEASE, AS WELL AS WHERE PROCESSED AND RED MEAT FIT INTO A HEALTHY DIET.
TEASE:
STILL TO COME, WE'LL VISIT A TEXAS FARM THAT STILL BELIEVES "LOW TECH" IS THE WAY TO GO WHEN IT COMES TO AGRI-TOURISM.
FALL-FAMILY-FUN, NEXT ON AGDAY.
IN THE COUNTRY:
FOR MANY FAMILIES, IT'S A FALL TRADITION. FOR OVER 15 YEARS, THOUSANDS OF KIDS AND KIDS-AT-HEART HAVE NAVIGATED THE SOUTH TEXAS MAIZE NEAR SAN ANTONIO. CURT LANK-UH-STIR' WITH THE TEXAS FARM BUREAU TELLS US MORE.
(FOR OVER 15 YEARS KEN AND LAURIE GRAFF HAVE WELCOMED FAMILIES FOR SOME GOOD OLD-FASHIONED FARM FUN. "WE'RE UNPLUGGED. THEY ONLY ELECTRONIC THING WE HAVE HERE FOR THE KIDS TO DO IS OUR APPLE CANNONS." INSTEAD OF PLAYING VIDEO GAMES OR TAKING SELFIES, KIDS AT THE MAZE ARE ENCOURAGED TO USE THEIR MINDS, BE ACTIVE AND HAVE AS MUCH FUN AS POSSIBLE.
"ADMISSION INCLUDES UNLIMITED TIME JUMPING ON OUR TWO GIANT PILLOWS THAT ARE BURIED IN THE GROUND. THEY CAN GO DOWN OUR MATTERCORN SLIDE AS MANY TIMES AS THEY WANT.
THERE'S THREE 80-FOOT SLIDES, AND THEY'RE A LOT OF FUN." FAMILIES CAN ALSO RIDE THE TWIN COW TRAIN OR TAKE A HAY RIDE OUT TO THE PUMPKIN PATCH. FOR AN ADDITIONAL FEE, THERE'S APPLE LAUNCHING AND PONY RIDES.
"IT'S OLD SCHOOL WITH JUMPING ON HAY BALES, RUNNING AROUND, PLAYING IN THE SAND BOX AND JUST HAVING FUN." OF COURSE, THE MAIN ATTRACTION AT SOUTH TEXAS MAIZE IS THE MAZE ITSELF, WHICH SPANS SEVEN ACRES. IT'S NOT CORN BUT A SORGHUM SUDAN GRASS. THE MAZE DESIGN CHANGES EVERY YEAR. BUT NO MATTER THE DESIGN OR THE WEATHER, TEXAS FAMILIES ENJOY THEIR TIME AT THE SOUTH TEXAS MAIZE. IT'S NOT ONE SPECIFIC ATTRACTION, BUT THE WHOLE EXPERIENCE.
"WE WANT TO EXPOSE THE AGRICULTURAL WAY OF LIFE TO FAMILIES BECAUSE A LOT OF OUR PATRONS ARE CITY DWELLERS. WE WANT THEM TO UNDERSTAND EVERYTHING GOES BACK TO THE FARM. WE'RE TRYING TO CREATE AN ENVIRONMENT WHERE WE CAN EDUCATE AND RECREATE."
NO MATTER WHAT THE DAY, KEN, LAURIE AND THEIR STAFF WELCOME VISITORS TO THEIR FARM WITH OPEN ARMS. AND REMIND THEM THE LAND THEY'RE WALKING ON IS STILL ACTIVE IN AGRICULTURE. WITH THE TEXAS FARM BUREAU, CURT LANCASTER, HONDO.
CLOSING:
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 BETSY JIBBEN. HAVE A GREAT DAY.

PROMO:
I'M BETSY JIBBEN. THURSDAY ON AGDAY WE LOOK AT FALL-OUT FROM A MAJOR DEAL BETWEEN DEERE AND MONSANTO THAT'S SHAKING-UP THE PRECISION AG WORLD. AND WILL CONGRESS "DITCH" THE RULE ON CLEAN WATER? WATCH US WEEKDAYS HERE ON AGDAY.

 

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