AgDay Daily Recap -November 7, 2014

November 7, 2014 02:57 AM
 

TODAY ON AGDAY
NOVEMBER 7, 2014

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - DEMAND FOR U-S FARM PRODUCTS REMAINS STRONG...THE 2014 AG EXPORT TOTALS ARE IN. JUST HOW MUCH PRODUCT ARE U.S. FARMERS CUTTING...NEW USDA SUPPLY DEMAND NUMBERS ARE COMING. WE'LL TELL YOU WHAT THE TRADE THINKS. IN THE PROFARMER PROFIT BRIEFING...CAN WE EXPECT BIG GRAIN MARKET MOVES THIS MONTH? IT'S A HOMEY GREAT AMERICAN BARN. AND ADVICE ON BUILDING EFFECTIVE FENCING AT YOUR HOME OR PROPERTY...AGDAY-BROUGHT TO YOU BY CHEVY SILVERADO 2014 NORTH AMERICAN TRUCK OF THE YEAR.
TRADE:
TRADE MAY BE A KEEN FOCUS OVER THE NEXT TWO YEARS. FOLLOWING TUESDAY'S ELECTION, THE PRESIDENT SAYS HE'S READY TO WORK WITH BOTH THE REPUBLICAN CONTROLLED HOUSE AND SENATE. DURING STATEMENTS TO THE PRESS HE SAYS HE'S LOOKING FOR AREAS WHERE HE AND REPUBLICAN'S PRIORITIES CAN LINE UP...AND MENTIONED TRADE AS A TARGET.
APEC:
THE PRESIDENT WILL GET RIGHT TO WORK ON TRADE ISSUES AS HE HEADS TO THE ASIA-PACIFIC ECONOMIC COOPERATION FORUM NEXT WEEK IN BEIJING. DURING HIS TRIP, THE TRANSPACIFIC PARTNERSHIP IS EXPECTED TO BE FRONT AND CENTER. AS IS RE-AFFIRMING RELATIONS BETWEEN THE U.S. AND CHINA.
USMEF EXPORTS:
DESPITE SOME CHALLENGES, BEEF AND PORK EXPORTS REMAINED STRONG IN SEPTEMBER. THE U-S MEAT EXPORT FEDERATION SAYS BOTH PRODUCTS BROKE THE FIVE BILLION DOLLAR SALES MARK FOR THE FIRST NINE MONTHS OF THE YEAR.
WFP EBOLA:
IN OTHER GLOBAL NEWS, THE UN'S WORLD FOOD PROGRAM SAYS THE INTERNATIONAL COMMUNITY NEEDS TO WORK FASTER TO DEAL WITH THE EBOLA CRISIS. THE WORLD FOOD PROGARM IS CURRENTLY WORKING TO PROVIDE FOOD TO EBOLA PATIENTS AND SURVIVORS. THE AGENCY SAYS THE EBOLA CRISIS IS HURTING FOOD SECURITY IN SIERRA LEONE, GUINEA AND LIBERIA. MANY FARMS HAVE BEEN ABANDONED AND TRADE DISRUPTED.
CROP WATCH:
 COTTON GROWERS IN MISSISSIPPI NEED PLENTY OF SUNSHINE TO FINISH STRONG. MIKE HOFFMAN HAS DETAILS IN CROPWATCH.
ADM CEO:
NEWS FROM AG GIANT ADM THIS MORNING…CURRENT CHAIRMAN AND CEO PATRICIA WOERTZ SAYS SHE'S STEPPING DOWN AS CEO EFFECTIVE JANUARY FIRST.
SHE'S EXPECTED TO RETIRE FULLY MID 2016. JUAN LUCIANO HAS JUST BEEN NAMED THE NEW CHIEF EXECUTIVE. HE HAS AN INDUSTRIAL ENGINEERING DEGREE FROM THE BUENOS AIRES INSTITUTE OF TECHNOLOGY.
PROFIT BRIEFING:
WE SAW SOME RATHER SIGNIFICANT MOVES IN GRAIN FUTURES LAST MONTH. HOW WILL NOVEMBER SHAKE-OUT? IN TODAY'S PROFIT BRIEFING, PROFARMER'S BRIAN GRETE AND DAVIS MICHAELSEN LOOK AT SOME OF THE FACTORS BEHIND THOSE MOVES.
WX:
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, WE HAVE SEEN THESE SYSTEMS BUILD THROUGHOUT THE WEEK, WHAT SHOULD WE EXPECT? WE CAN EXPECT COLDER AIR MOVE INTO NEXT WEEK. IT LOOKS LIKE MUCH OF THE MIDWEST WILL GET A BLAST OF WINTER, SO GET THAT FIELDWORK DONE AS FAST AS YOU CAN. ONCE THAT COLD SETTLES IN, IT WILL CHANGE THINGS A LITTLE BIT, BUT THAT'S BY TUESDAY OR WEDNESDAY FOR NEXT WEEK. STORM SYSTEMS AS WE START TODAY…THERE WILL BE RAIN AND SNOW MIX IN THE NORTHEAST WITH THE RAIN ALONG THE COAST. RAIN AND SNOW MIXED UP AND DOWN THE APPALACHIAN MOUNTAINS AND A LITTLE IN THE EASTERN PORTIONS OF THE GREAT LAKES. THERE MAY BE SOME FLURRIES. THE NEXT STORM SYSTEM WILL BE A DIVING THROUGH THE NORTHERN STATES WITH SOME PRETTY COLD AIR BEHIND. AGAIN, THE COLDEST AIR WILL BE IN THE MIDDLE OF NEXT WEEK. COLD FRONT JUST BARELY MOVING, CAUSING SOME SHOWERS IN SOUTHERN FLORIDA AND SOME SHOWER ACTIVITY IN SOUTHERN TEXAS, BUT THAT FRONT IS CONTINUALLY MOVING SOUTHWARD. ONE MORE SYSTEM DIVING INTO THE NORTHERN PLAINS AS WE HEAD INTO THE WEEKEND WITH A LITTLE RAIN AND SNOW THERE…AS WE START TOMORROW, YOU CAN SEE THE DOUBLE BARREL COLD FRONT INTO THE GREAT LAKES. WE CAN TAKE A THREE TO SIX HOUR PERIOD IN MOST AREAS FROM NORTHERN ILLINOIS, NORTHER INDIANA NORTHWARD. THAT WILL COME TO AN END AND REALLY MOST OF THE COUNTRY AS WE HEAD INTO THE REST OF THE DAY SATURDAY. IF YOU'RE HEADING TO ANY FOOTBALL GAMES, MOST ARE LOOKING DRY. THE WET AREAS WILL BE PARTS OF THE GREAT LAKES, ESPECIALLY THE EASTERN GREAT LAKES BY GAME TIME AND A LITTLE SNOW FLYING IN THE FAR NORTHERN PORTIONS OF THE PLAINS STATES. LOOK AT THE DRY AIR FROM THE SOUTHEAST TO THE WEST COAST. TAKE A LOOK OVER PRECIPITATION ESTIMATES OVER THE LAST 24 HOURS. AGAIN, SCATTERED AMOUNTS IN THE NORTHEAST QUADRANT OF THE COUNTRY AND INTO TEXAS AND THE FAR NORTHWEST. ADD ON THE NEXT 36 HOURS, YOU CAN SEE NOT A LOT OF MOISTURE AROUND. THAT'S A LITTLE BIT MORE TOWARDS NEW ENGLAND. THE LIGHT STUFF MOVING ACROSS THE NORTHERN PLAINS STATES AND NO MORE COMING IN OUT WEST…SO IT REALLY LOOKS LIKE MOST OF THE COUNTRY IS GOING TO BE FAIRLY DRY OVER THE NEXT COUPLE OF DAYS. JUST A LITTLE BIT OF SNOW HAS BEEN FLYING, NOT MUCH BUT ADD ON 35 HOURS, WE WILL START TO ACCUMULATE THAT IN THE NORTHERN GREAT LAKES. AS WE HEAD INTO THE EARLY PART OF THE WEEKEND, LET'S TAKE A LOOK AT TEMPERATURES. YOU CAN SEE 60'S AND 70'S IN WESTERN PLANE STATES, AND 80'S IN SOUTH FLORIDA AND FAR SOUTHWEST. OTHER THAN THAT, IT'S COOL ACROSS MOST OF THE CORN BELT, YOU CAN SEE 40'S AND 50'S AS HIGHS AND 30'S IN NORTHERN PORTIONS OF THE GREAT LAKES AND NEW ENGLAND. A LOT OF 30'S ARE SHOWING UP ACROSS THE NORTHEAST. EVEN A FEW 20'S YOU CAN SEE THERE IN NORTH DAKOTA. TOMORROW, EVERYTHING KEEPS GETTING SHOVED SOUTHWARD. WE ARE SEEING 60'S AND 70'S AT THE GULF COAST. THERE'S THE FIRST TROUGH MOVING AWAY. THE SECOND ONE DIVES INTO THE THE GREAT LAKES, ROTATING AROUND NORTH OF US. THEN WE WILL SEE THE MAIN TROUGH DIG IN. THAT'S THE MAIN COLD STUFF DIG IN. THAT LOOKS LIKE LAKE EFFECT SNOWS IN PARTS OF THE GREAT LAKES. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST, AT CEDAR CITY, UTAH, LOTS OF SUNSHINE AND PLEASANT TODAY.. THERE'S A HIGH TEMPERATURE OF 64. IN SAINT JOSEPH, MISSOURI, THERE'S A MIXTURE OF CLOUDS AND SUNSHINE, BREEZY. THE HIGH OF 64 AND PORTSMOUTH, OHIO IS CHILLY. THE HIGH IS 48.
GAB HOCHSTETLER:
TODAY'S GREAT AMERICAN BARN HAS A "HOMEY" FEEL. THAT'S BECAUSE IT 'IS' A HOME. AL PELL HAS OUR STORY.
GAB TAG:
WE KNOW THERE ARE MANY HERITAGE BARNS OUT THERE. WE'D LIKE TO SHOWCASE YOURS ON AGDAY. SEND US A FEW PICTURES TO THE ADDRESS ON YOUR SCREEN. YOU CAN ALSO EMAIL THE PICS AND BARN INFO TO "GREAT AMERICAN BARNS AT AGDAY DOT COM".
ITC FENCING:
ANY COW-CALF PRODUCER WILL TELL YOU, MAINTAINING A DURABLE LIVESTOCK FENCE CAN BE DIFFICULT. ESPECIALLY ONE ON A BUDGET…BUT ONE PURDUE UNIVERSITY BEEF SPECIALIST SHARES HIS TIPS ON HOW TO CONSTRUCT HIS IDEAL FENCE, WITH A SHELF-LIFE. AG DAY'S BETSY JIBBEN HAS THE STORY.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

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