AgDay Daily Recap -November 8, 2016

August 22, 2016 02:57 AM
 
AgDay

TODAY ON AGDAY
NOVEMBER 8, 2016

HEADLINES
TODAY ON AGDAY - ELECTION DAY ARRIVES. WHAT ISSUES WILL PUSH YOU AT THE  POLLS? JAPAN TAKES THE LEAD IN APPROVING A CONTROVERSIAL TRADE PACT. MEAT EXPORTS PUSH HIGHER. NORTH DAKOTA WRITES A NEW PAGE IN THE  RECORD BOOKS.THE BEST CORN WE'VE EVER HAD. IN AGRIBUSINESS...BUT FRANKLY I THINK  TODAY'S ELECTIONS COULD HAVE MORE TO SAY ABOUT WHERE WE GO FROM  HERE IN THE DAYS AHEAD THAN WHAT THE REPORT DOES. BUT FRANKLY I THINK  TODAY'S ELECTIONS COULD HAVE MORE TO SAY ABOUT WHERE WE GO FROM  HERE IN THE DAYS AHEAD THAN WHAT THE REPORT DOES.  AND NUTRITIONAL KNOW-HOW FOR HOME SCHOOL STUDENTS. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.

ELECTION AND TPP
GOOD MORNING I'M BETSY JIBBEN. CLINTON GRIFFITHS IS ON ASSIGNMENT.   POLLING PLACES ACROSS THE COUNTRY WILL OPEN THEIR DOORS TODAY TO  WHAT COULD BE RECORD VOTER TURNOUT. WHATEVER HAPPENS AT THE END OF THE DAY - HISTORY WILL BE WRITTEN. WE  COULD SEE THE FIRST WOMAN PRESIDENT OR A POLITICAL NOVICE WIN WHAT'S  OFTEN CALLED THE MOST POWERFUL POSITION IN THE WORLD. ONE OF THE BIGGEST ISSUES FACING THE NEXT PRESIDENT - AS IT PERTAINS TO  AGRICULTURE - IS EXPORTS AND THE UN-FINISHED TRANS PACIFIC PARTNERSHIP. BOTH HILLARY CLINTON AND DONALD TRUMP HAVE EXPRESSED OPPOSITION TO  THE T-P-P AS ITS WRITTEN.PRESIDENT OBAMA SAYS HE WILL PUSH FOR PASSAGE OF THE TRADE DEAL  DURING THE LAME DUCK SESSION OF CONGRESS. THE TRANS-PACIFIC PARTNERSHIP TRADE DEAL CLEARED A MAJOR HURDLE  FRIDAY AS THE "UPPER HOUSE" OF JAPAN'S PARLIAMENT VOTED TO RATIFY THE  PACT WITH ELEVEN OTHER NATIONS. PRIME MINISTER SHIN-ZO ABE <AH-BAY> HAS BEEN PUSHING FOR APPROVAL  BEFORE ELECTION DAY IN THE U-S TO SHOW THE DEAL IS NOT DEAD...AND THAT  JAPAN HAS NO INTENTIONS TO RENEGOTIATE THE DEAL. OPPOSITION LEADERS SAY THE RULING CAMP WAS ACTING TOO HASTILY. ABE HAS SAID IN THE PAST THAT THE TPP IS KEY TO OVERHAULING THE  COUNTRY'S ECONOMY BY GIVING LOWER TARIFFS TO EXPORTERS. THE LOWER HOUSE OF THEIR LEGISLATURE MUST STILL APPROVE THE  LEGISLATION. NONE OF THE 12 NATION'S IN THE T-P-P HAVE RATIFIED THE DEAL. JAPAN IS THE  CLOSEST. THIS IS KEY BECAUSE LEGISLATURES IN BOTH JAPAN AND THE U-S  MUST APPROVE THE PACT IF IT HAS ANY HOPE OF IMPLEMENTATION.   HERE'S WHY: AT LEAST SIX OF THE 12 NATION'S MUST APPROVE IT - AND THE  ECONOMIES OF THOSE COUNTRIES MUST REPRESENT 85-PERCENT OF GROSS  DOMESTIC PRODUCT.  JAPAN AND THE U-S ALREADY REPRESENT 80-PERCENT. MEANWHILE HUNDREDS OF PEOPLE MARCHED AGAINST THE TRANS-PACIFIC  PARTNERSHIP TRADE PACT IN PERU. THE NATION'S CONGRESS IS SCHEDULED TO VOTE ON RATIFYING THE TPP IN THE  NEAR FUTURE.THE T-P -P IS DESIGNED TO ENCOURAGE TRADE BETWEEN THE UNITED STATES  AND ELEVEN OTHER NATIONS ALONG THE PACIFIC RIM, INCLUDING PERU . OPPONENTS SAY THE TRADE AGREEMENT WOULD SOLELY BENEFIT A FEW MULTI- NATIONAL CORPORATIONS, HURT THE LOCAL JOB MARKET, AND GIVE TOO MUCH  MONEY AND POWER TO OVERSEAS CORPORATIONS. TPP WOULD COVER 40 PERCENT OF GLOBAL TRADE.

DICAMBA DRIFT VICTIM LAID TO REST
IN OTHER NEWS - AN ARKANSAS FARMER WAS LAID TO REST OVER THE  WEEKEND. MIKE WALLACE DIED OCTOBER 27TH FROM A GUNSHOT SOUND.  THE  LOCAL SHERIFFF SAYS HIS DEATH STEMMED FROM A DISPUTE OVER HERBICIDE DRIFT IN A FIELD. FRIENDS AND FAMILY OF MIKE WALLACE GATHERED FRIDAY FOR HIS VISITATION IN  THE TOWN OF MONETTE. MIKE'S FAMILY SPOKE TO US ABOUT HIS LOVE OF FARMING. MIKE ALWAYS WANTED TO BE A FARMER FROM A YOUNG AGE, HE WANTED TO FARM. ALL OF US KIDS  WERE MOMMY AND DADDY HAD US OUT THERE CHOPPING AND WE GOT TO CHOP COTTON AND THAT WAS OUR JOB,"MIKE'S FAMILY SAYS IT WAS HIS FIELD THAT SUSTAINED DRIFT DAMAGE. 26-YEAR-OLD ALLAN CURTIS JONES WAS ARRESTED IN CONNECTION WITH THE  DEATH. JONES IS BEING HELD ON FIRST DEGREE MURDER CHARGES.  THE SHERIFF SAYS JONES AND HIS COUSIN MET WITH WALLCE TO 'TALK ABOUT A  DISPUTE BETWEEN THEM,' BELIEVED TO BE FROM DICAMBA DRIFT. 

WHY HARVEST 2016 IS SO GOOD
HARVEST IS WRAPPING UP FOR MANY PRODUCERS IN THE MIDWEST.  WE'LL START WITH CORN HARVEST WHICH REACHED 86-PERCENT. THAT'S A POINT  AHEAD OF AVERAGE,THE BIGGEST DELAY IS IN NORTH DAKOTA WITH 71-PERCENT HARVESTED.  THEY'RE NINE POINTS BEHIND. OHIO IS RUNNING AHEAD BY 14 POINTS. SOYBEAN HARVEST IS AT 93-PERCENT, MICHIGAN SEEMS TO HAVE THE BIGGEST DELAY WITH 77-PERCENT CUT. THAT'S 11  POINTS BEHIND. WINTER WHEAT PLANTING IS NEARLY COMPLETE WITH 91-PERCENT SEEDED. 79-PERCENT EMERGED, 58-PERCENT IS RATED GOOD TO EXCELLENT. THE 2016 NORTH DAKOTA CORN HARVEST IS ONE FOR THE RECORD BOOKS. FARMERS ARE REPORTING SOME THE HIGHEST YIELDS EVER SEEN IN THE STATE.  TOTAL PROJECTED PRODUCTION OF JUST UNDER 500-MILLION BUSHELS IS  ANOTHER MARK THAT'S NEVER BEEN ACHIEVED. CLIFF NAYLOR FROM AGDAY AFFILIATE KFYR REPORTS ON WHY THIS YEAR'S  HARVEST IS SO GOOD. NATHAN SPETEN HAS BEEN HARVESTING CORN FOR TEN YEARS AND HE'S  NEVER SEEN THE YIELD MONITOR IN HIS COMBINE RECORD NUMBERS THIS  GOOD.  NATHAN SPETEN, BURLEIGH COUNTY CORN GROWER:  THE BEST CORN  WE'VE EVER HAD I GUESS.  NORMALLY HIS CORN CROP AVERAGES 130 TO 140  BUSHELS AN ACRE, BUT THIS YEAR HE'S HARVESTING 150 TO 170.  THE STATE  WIDE PRODUCERS ARE YIELDING A RECORD 137 BUSHELS AN ACRE, THE  PREVIOUS HIGH WAS 132.  TOTAL CORN PRODUCTION IS ESTIMATED TO COME IN  AT AN ALL TIME HIGH OF JUST UNDER 500-MILLION BUSHELS.  JACKIE BUCKLEY,  MORTON COUNTY EXTENSION AGENT:  IT'S CRAZY GOOD.   EXTENSION AGENT  JACKIE BUCKLEY SAYS A GREAT GROWING SEASON IS THE REASON WHY THE  2016 HARVEST IS PRODUCING THE BEST CORN CROP EVER. WE HAD RAIN AT THE  RIGHT TIME, WE HAD A NICE LONG GROWING SEASON, AND IT WAS WARM  ENOUGH FOR THE CORN TO MATURE AND WE DIDN'T GET AN EARLY FROST.  HIGH  YIELDS ARE MAKING UP FOR LOW PRICES. IT'S A LITTLE TOUGH BUT AT LEAST  THERE'S A CROP TO MAKE EVERYTHING WORK OUT. NORTH DAKOTA FARMERS  PLANTED 3.5 MILLION ACRES OF CORN THIS YEAR, UP ALMOST A MILLION ACRES  FROM 2015.  WITH A YIELDS LIKE THIS, MANY PRODUCERS ARE WISHING THEY  HAD SEEDED EVEN MORE.  I'M CLIFF NAYLOR REPORTING FOR AGDAY . 

CROP COMMENTS
"CROP COMMENTS IS POWERED BY RESICORE HERBICIDE FOR CORN, FROM  DOW AGROSCIENCES."  TODAY'S CROP COMMENTS REMINDS HOW UNUSUALLY WARM IT'S BEEN THIS  FALL IN THE MIDWEST. MIKE HOFFMAN  HAS DETAILS FROM THE AGDAY WEATHER  CENTER. GOOD MORNING BETSY. CROP COMMENTS IS STARTING IN MORGAN COUNTY, ILLINOIS WHERE IT ALMOST  LOOKS LIKE AN EARLY START TO THE GROWING SEASON. BELIEVE IT OR NOT,  THAT'S VOLUNTEER CORN POPPING-UP IN THIS RECENTLY HARVESTED FIELD.   AGRITALK RADIO HOST MIKE ADAMS SPOTTED THIS FIELD IN WEST CENTRAL  ILLINOIS.  HE SAYS THEY'VE HAD ENOUGH MOISTURE AND WARM TEMPS THIS  FALL FOR THE CORN SEED TO GERMINATE. AND AS YOU CAN SEE THAT'S NOT  JUST SOME SMALL STRIP, BUT ACROSS THE ENTIRE FIELD. LUCAS WARD HAS JUST WRAPPED UP HARVEST IS NORTHWEST OHIO.  HE SAYS BEAN YIELDS ARE BETTER THAN EXPECTED BUT CORN IS INCONSISTENT.IT WAS VERY DRY IN THE AREA IN JUNE AND JULY AND RAINS CAME TOO LATE FOR  THE CORN.  NOW TAKING A LOOK A THE WEATHER MAP YOU CAN SEE A COLD FRONT MOVING  THROUGH THE MIDWEST CAUSING SOME SCATTERED SHOWERS STOMR SYSTEM  ALONG THE GULF COAST THAT'S WHERE A LOT OF THE RAIN IS GOING TO BE  LOCATED WE'LL HAVE YOUR FORCAST COMING UP IN JUST A FEW MINTUES BUT  NOW HERE ARE SOME HOMETOWN TEMPS.

TEASE
STILL TO COME - THE NEXT TWO DAYS COULD BE BIG MARKET-MOVERS IN THE  GRAIN SECTOR. WE'LL TELL YOU WHY IN ANALYSIS. IN OUR DAIRY REPORT WE LOOK AT THE TREND BEHIND THE RE-LOCATION OF  DAIRY PRODUCERS.  WHAT STATES ARE BENEFITTING FROM THE MOVES? AND HOME SCHOOL STUDENTS GET A CHANCE TO BRUSH-UP ON THEIR COOKING  AND NUTRITIONAL SKILLS. DETAILS LATER AS WE HEAD IN THE COUNTRY.

AGRIBUSINESS
AGRIBUSINESS TODAY, BROUGHT TO YOU BY YAMAHA - MAKERS OF VIKING SIDE- BY-SIDES.  YAMAHA - REAL WORLD TOUGH. IT COULD BE A BIG WEEK FOR GRAIN MARKETS AS THEY COULD RESPOND TO  TODAY'S PRESIDENTIAL ELECTION. AND THEN ON WEDNESDAY USDA RELEASES IT'S MONTHLY SUPPLY AND DEMAND DATE-A.TYNE MORGAN REPORTS ON WHAT THE MARKET WILL BE WATCHING. HERE NOW WITH ARLAN SUDERMAN. ARLAN AND THIS IS GOING TO BE A BIG WEEK. WE HAVE THE ELECTION. WE HAVE A USDA REPORT. LET'S FOCUS ON THE REPORT DO YOU THINK WE'LL SEE ANOTHER INCREASE IN THE SOYBEAN MEAL CONSIDERING HIS AMAZING YIELD WE ARE HEARING OUT THERE YEAH. YIELDS SPECTACULAR AND THIS IS QUITE A YEAR. SO WE DO EXPECT A BIGGER CROP. I THINK THE BIG KEY IS WHAT HAS HAPPENED TO DEMAND. WILL DEMAND INCREASE ENOUGH TO OFFSET THE INCREASE IN PRODUCTION AND WHAT WILL BE THE SIZE OF THE INCREASE IN PRODUCTION. IF IT'S A BIG INCREASE THERE WE EXPECT MAYBE ANOTHER ONE IN JANUARY. A SMALL INCREASE THEN WE'RE PROBABLY PRETTY CLOSE.LET'S SAY WE DO HAVE A BIG INCREASE HOW DOES THE MARKET REACT BECAUSE WE SAW MAJOR INCREASES THE MARKET MAY BE YOU KNOW IN ABOUT A DAY A COUPLE REPORTS IT'S JUST BEEN SO ABNORMAL THIS YEAR. IT REALLY HAS BEEN. AND I THINK MUCH OF THE INCREASE IS THERE A BUILT IN THE MARKET. IF IT'S SOMETHING MUCH BIGGER, LIKE A FIFTY THREE OR SOME LIKE THAT, THEN MAYBE WE GO TO THE DOWNSIDE. FRANKLY I THINK TODAY'S ELECTIONS COULD HAVE MORE TO SAY ABOUT WHERE WE GO FROM HERE IN THE DAYS AHEAD THAN WHAT THE REPORT DOES. WHY?BECAUSE OF UNCERTAINTY. MARKETS HATE UNCERTAINTY. THEY CAN ACCEPT UNKNOWN WHETHER THEY LIKE IT OR NOT AS LONG KNOWN THEY CAN ADJUST FOR THAT BUT THIS ELECTION BRINGS A LOT OF UNCERTAINTY TO IT. AND SO A LOT OF THE MONEY IS FLOWING TO THE SIDELINE WHETHER IT IMPACTS SUPPLY AND DEMAND OR NOT.RIGHT SO IN THE COMING DAYS WHAT'S YOUR ADVICE FOR FOUR PRODUCERS RIGHT NOW WITH THIS UNCERTAINTY?WELL FIRST OF ALL WATCH THE CARRY IN THE MARKET FOR OPPORTUNITIES TO PRICE. WATCH YOUR BASES MARKETS. BOTH BEEN VERY VOLATILE. BOTH CAN PROVIDE SOME OPPORTUNITIES. GONE ARE THE DAYS WHEN THE MARKETS CAN BE HANDED TO YOU FOR BEING LAZY. YOU'RE GOING TO HAVE TO WORK BUT IF YOU DO DO THE DUE DILIGENCE OPPORTUNITIES WILL BE THERE. WHAT'S YOUR OUTLOOK ON PRICES LEADING IN TWO TWENTY SEVENTEEN? THE OUTLOOK IS POROUS FOR WHEAT BECAUSE WE HAVE THE BIGGEST SUPPLIES IN WHEAT. I DO THINK THE PROTEIN LEVELS OF WHEAT MAY HAVE SOME OPPORTUNITIES. NOW WE GO THE OTHER SIDE THE SPECTRUM THE SOYBEANS. SOYBEANS WERE MUCH DIFFERENT SITUATION. THE EXTREMELY STRONG DEMAND WE HAVE FLAT A ACREAGE SOUTH AMERICA. WE NEED A NORMAL CROP OR BETTER IN SOUTH AMERICA. IF THE WEATHER EXCEPT IN SOUTH AMERICA, WE COULD HAVE EXPLOSIVE PRICES. IF NOT WE HANG AROUND HERE AND WE JUST KEEP BLOWING SIDEWAYS. THANKS SO MUCH. STAY WITH US WE HAVE A MUCH MORE WHEN WE COME BACK. YOU'RE A FARMER.  AND YOU ARE RELENTLESS.  WE'RE RELENTLESS TOO.   VISIT MYCOGEN-DOT-COM, OR YOUR LOCAL MYCOGEN SEEDS DEALER TO LEARN  MORE ABOUT OUR RELENTLESS DEDICATION TO YOU.  

WEATHER
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, IT DOES FEEL LIKE NOVEMBER RIGHT NOW THROUGH MANY PLACES OF THE CORN BELT AND THROUGH THE UNITED STATES. HOW LONG WILL THIS NICE WEATHER LAST? YES, THROUGH MOST OF THE LOWER 48 I DO THINK IT'S GOING TO START TO CHANGE AS WE HEAD TOWARD THE END OF THE WEEK AND THIS WEEKEND ESPECIALLY IN EASTERN PARTS OF THE COUNTRY. SO THERE ARE SOME CHANGES COMING. BUT NONE OF THOSE CHANGES ARE COMING THE REAL QUICK HERE. AS YOU CAN SEE ON THE WEATHER MAP, WE DO HAVE A COLD FRONT, NOTHING MAJOR AS WE CONTINUE TO MOVE TOWARD THE SOUTH AND EAST AND THAT WILL CONTINUE TO CAUSE SOME SHOWERS AS YOU CAN SEE OF THE GREAT LAKES DOWN IN THE TEXAS. STORM SYSTEM RIGHT NOW IN THE NORTHWESTERN GULF OF MEXICO WITH THE CUT OFF LOW BACK IN THE SOUTHWEST, WE DO HAVE THIS LOW IN THE GULF BUT WE'RE GONNA HAVE ANOTHER DEVELOP FARTHER SOUTHWEST. DRY WEATHER FOR THE PLAINS STATES, EXCEPT FOR THE SOUTH, I SHOULD SAY AND THE SOUTHWESTERN PORTIONS OF THE COUNTRY AND NO CHANGES THERE. THIS NEXT COLD FRONT COMING INTO THE PACIFIC NORTHWEST. JUST BARELY COMING EASTWARD AS YOU'LL NOTICE KIND OF FLOWING UP INTO CANADA, SO NO BIG DEAL THERE. THERE AT 7 AM TOMORROW YOU CAN SEE THE SHOWERS FROM NEW ENGLAND SOUTHWARD INTO OF THE MID ATLANTIC STATES, ESPECIALLY AS WE HEAD THROUGH THE AFTERNOON INTO THE MID ATLANTIC. HIGH PRESSURE BUILDS IN BEHIND US. LOOK AT THAT DRY WEATHER EXCEPT FOR SOME OF THE SOUTHERN AREAS FROM THE EAST COAST ALL THE WAY TO THE WEST COAST. AS WE HEAD THROUGH TOMORROW AFTERNOON. PRECIPITATION OVER THE LAST TWENTY FOUR HOURS, WE'VE SEEN SOME AMOUNTS OVER OKLAHOMA, TEXAS DOWN IN THE LOUISIANA, WE'LL ADD IN THE NEXT THIRTY SIX HOURS AND YOU CAN SEE IT'S ALL VERY LIGHT ACROSS EASTERN CORN BELT INTO THE OHIO VALLEY AND PARTS OF THE EAST WITH ALMOST LESS THAN AN INCH OF RAIN IN THOSE AREAS.  CHECKING OUT SNOWFALL ESTIMATES THEN, YOU CAN SEE  THE LOWER FORTY EIGHT, NOTHING GOING ON. THAT'S THE WARM WEATHER THAT WE'VE BEEN HAVING AS WELL. WE'LL ADD ON THE NEXT THIRTY SIX HOURS WE'RE ONLY GOING TO ADD IT UP IN PARTS OF CANADA. SO WE'RE NOT TALKING ABOUT ANY SNOW IN THE LOWER FORTY EIGHT. AS FAR AS TEMPERATURES GO THIS AFTERNOON, YOU CAN SEE A FIFTIES AND SIXTIES DOMINATING MOST OF THE MIDWEST, MOST OF THE CORN BELT WAS A VERY WARM NUMBERS FOR THIS TIME OF THE YEAR. SEVENTIES ARE CONFINED MAINLY TO THE GULF COAST OF COURSE SEVENTIES AND EIGHTIES IN THE SOUTHWEST. CHECKING OUT LOWS TONIGHT YOU CAN SEE WE'RE GOING TO DROP INTO THE THIRTIES ACROSS MOST OF THE NORTHERN AND CENTRAL PLAINS. FORTIES THROUGH THE OHIO RIVER VALLEY, SIXTIES BY THE TIME WE GET TO THE GULF COAST AND HIGH TEMPERATURES TOMORROW AFTERNOON, A LITTLE BIT COOLER BEHIND THAT NEXT FRONT BUT THINGS ARE STILL PRETTY NICE NUMBERS FOR THIS TIME OF YEAR, ESPECIALLY WHEN YOU CONSIDER SUNSHINE THROUGHOUT THE MIDWEST. THERE'S A JET STREAM HERE IS WHERE WE'RE GOING TO START TO SEE DIFFERENCES. YOU CAN SEE THE TROUGH DIGGING INTO THESE LITTLE BIT OF A CUTOFF STILL LINGERING IN THE SOUTHWEST EVEN INTO THIS WEEKEND BUT ONE TROUGH AFTER ANOTHER TRYING TO DIG INTO THE GREAT LAKES IN THE NORTHEAST. SO COLD AND COLDER AIR WITH THAT AND EVENTUALLY WILL START TO SEE THE RIDGE OUT WEST IN THE TROUGH IN THE EAST AS WE HEAD INTO NEXT WEEK.  THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL FOR SEATTLE, WASHINGTON PARTLY SUNNY AND COMFORTABLE HIGH JUMP OF SIXTY FIVE DEGREES. KANSAS CITY, MISSOURI CLOUDS AND SOME SUNSHINE AND PLEASANT WITH A HIGH OF SIXTY FIVE AND ATLANTA, GEORGIA SUNSHINE AND THEN INCREASING CLOUDS IN THE AFTERNOON HIGH AROUND SEVENTY.

TEASE
NEXT IN OUR DAIRY REPORT - WE LOOK AT GEOGRAPHICAL SHIFTS IN DAIRY  PRODUCTION.  WHO'S MOVING WHERE...AND WHY? AND LATER....A COOKING CLASS FOR KIDS WHOSE EDUCATION HAPPENS AT  HOME. 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.   

DAIRY REPORT
SOME OF THE BIGGEST DAIRY PRODUCERS IN THE COUNTRY ARE GATHERING  THIS WEEK FOR 'FARM JOURNAL'S MILK BUSINESS CONFERENCE." WELL- TRAVELED TYNE MORGAN JOINS US AGAIN.....THIS TIME FROM THE CONFERENCE  IN LAS VEGAS, TYNE. THANKS SO MUCH BETSY WHILE I'M HERE AT THE MILK BUSINESS CONFERENCE HERE IN LAS VEGAS I KNOW A ROUGH LIFE FOR THIS WEEK IN LAS VEGAS BUT WE'RE HERE WITH SOME OF THE BEST AND MOST EFFICIENT DAIRY PRODUCERS ACROSS THE COUNTRY ALSO HERE WITH DAN JAMES OF FARM CREDIT DAN FARM CREDIT CELEBRATING ONE HUNDRED YEARS EVERY YEAR IS UNIQUE I KNOW BUT BUT RIGHT NOW WITH HIS ECONOMIC HEAD WINDS THAT SOME OF THESE PRODUCERS ARE FACING HOW WOULD YOU DESCRIBE THE STATE OF THE DAIRY INDUSTRY WELL WE'RE DEFINITELY BACK INTO SOME BETTER MILK PRICES IN THE FUTURE WE'RE LOOKING FORWARD TO BETTER MARGINS DUE TO FEED COSTS AND WE HAVE A LOT OF PEOPLE NOW THEY'RE USING RISK MANAGEMENT TO TAKE THE BUMPS OUT OF THE ROAD THEY MAY GIVE UP SOME PEAKS SOMETIMES BUT IT ALSO TAKES THE VALLEYS AT OTHER TIME THAT PART OF HIS REDUCED RISK FOR PEOPLE EVEN IN THE MOST DOWN SO HOW ARE THEY DOING THAT SPREADING IT OUT OVER OVER MORE YEARS HOW IT HOW IS THAT HAPPENING. THEY'RE USING FUTURES CONTRACTS CONTRACTING WITH A CO-OP THINGS LIKE THAT TO LEVEL OUT THE MILK PRICE OF COURSE AND ON FAVORABLE PRICES AS THEY CAN LOCK IN THOSE FEED PRICES YOU KNOW WE'VE HEARD A LOT OF STORIES ABOUT DAIRY PRODUCERS MAYBE MOVING AWAY FROM SOME OF THE ENVIRONMENT THE BUSINESS ENVIRONMENT THAT ARE TOUGH LIKE MAYBE PRODUCERS RELOCATING FROM CALIFORNIA AND OTHER AREAS ARE YOU SEEING A LOT OF THAT IN THE DAIRY INDUSTRY RIGHT NOW. THERE'S BEEN A LOT OF INTEREST IN COLORADO IT'S VERY DIFFICULT TO GET THERE RIGHT NOW BECAUSE THE WATER COSTS AND WE JUST HAVE A LIMITED CAPACITY SEEMS SEEMS TO BE CONTINUED INTEREST IN SOUTH DAKOTA SOME OF THOSE OTHER STATES BUT YEAH THERE'S IT'S A GROWING INDUSTRY AND PEOPLE ARE INTERESTED IN NEW PLACES DO YOU FEEL LIKE THAT RELOCATION HAS SLOWDOWN OR IS THAT PICKING BACK UP KIND OF WHAT'S GOING ON RIGHT NOW THE SLOWDOWN DURING A DOWNTURN BUT IT'S WE'RE SEEING INTEREST ALL RIGHT BUT OVERALL WOULD YOU SAY THAT THESE THESE PRODUCERS ARE CAUTIOUSLY OPTIMISTIC ABOUT THE FUTURE THANKS TO MILK PRICES REBOUNDING A LITTLE BIT YES DEFINITELY SEE SOME IMPROVEMENT THERE ALL RIGHT THANK YOU SO MUCH THEY APPRECIATED HAVE FOUGHT IT AT THE MILL CONFERENCE AND THIS WEEK WE WILL CONTINUE TO PROVIDE COVERAGE OF FROM THIS CONFERENCE BUT AS YOU COULD TELL ATTITUDES ARE A LITTLE BIT BETTER NOW THAT OF MILK PRICES ARE REBOUNDING A LITTLE BIT REPORTING FROM LAS VEGAS NEVAD.

TEASE
THE KENTUCKY EXTENSION IS HELPING HOME-SCHOOLERS WITH THEIR COOKING  SKILLS. DETAILS JUST AHEAD ON AGDAY.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S BX AND L SERIES COMPACT  TRACTORS - AVAILABLE NOW WITH A SIX-YEAR LIMITED POWERTRAIN WARRANTY.   LEARN MORE TODAY AT YOUR LOCAL KUBOTA DEALER. HOME SCHOOL STUDENTS ARE SOMETIMES LEFT OUT OF PROGRAMS AND OTHER  LEARNING OPPORTUNITIES, BECAUSE THEY ARE NOT IN A TRADITIONAL  EDUCATIONAL SETTING.  THE UNIVERSITY OF KENTUCKY COOPERATIVE  EXTENSION SERVICE IS WORKING TO CHANGE THAT IN NORTHERN KENTUCKY.  IT'S OFFERING COOKING CLASSIC SPECIFICALLY FOR HOMESCHOOL FAMILIES.   JEFF FRANKLIN FROM THE UNIVERSITY OF KENTUCKY HAS THE STORY. FOURTY HOMESCHOOL STUDENTS OF ALL AGES, ALONG WITH AT LEAST ONE  PARENT, SIGNED UP TO TAKE THIS COOKING CLASS AT THE BOONE COUNTY  EXTENSION ENRICHMENT CENTER.  THE CLASS MET ONCE A WEEK FOR A SERIES  OF LESSONS, LEARNING TO MAKE EVERYTHING FROM COLORFUL QUESDILLA'S  TO FABULOUS FRENCH TOAST, WHICH WAS ON THE MENU THIS DAY.  B.J.  PORCIELLO, A BOONE COUNTY NUTRITION PROGRAM ASSISTANT WITH FAMILY  AND CONSUMER SCENCES TAUGHT THE CLASS, AND SAID IT WAS ABOUT MORE  THAN JUST FOLLOWING A RECIPE. "WE HAVE SEVEN LESSONS THAT WE WORK WITH FAMILIES ON.  MY PLATE, TRYING TO TEACH PEOPLE  HOW TO BUILD BALANCED MEALS, HOW MANY FRUITS AND VEGETABLES, HOW MANY WHOLE GRAINS THEY  SHOULD HAVE IN A DAY, TRYING TO GET THEM TO SWITCH TO LOW FAT OR FAT FREE DAIRY AND GO LEAN WITH  PROTEIN AS WELL AS TRYING TO INCLUDE AT LEAST 30 MINUTES OF PHYSICAL ACTIVITY TO THEIR SCHEDULE  EVERY DAY." TAKING THE CLASS WAS JAMIE PORTER WHO HOMESCHOOLS HER SIX-YEAR-OLD  DAUGHTER LACY. JAMIE SAID THE CLASS WAS PERFECT FOR THEM, BECAUSE  LACY SAYS SHE WANTS TO BE A CHEF. "SHE LIKES TO HELP WITH DINNER AND SHE IS VERY MUCH SO INTO TRYING TO MAKE SURE THAT WE ARE  DOING THINGS THE HEALTHY WAY AND THIS JUST FIT PERFECTLY WITH THAT AND IT JUST HELPS TO TRAIN AND  HELP HER LEARN SOME OF THOSE BUILDING BLOCKS THAT WILL GET HER ON HER WAY."   JAMIE SAID THE CLASS ALSO FITS INTO HER CURRICULUM AS A HOME SCHOOL  TEACHER, INCORPORATING MATH AND SCIENCE, WITH MEASURING INGREDIENTS  AND LEARNING SERVING SIZES, PLUS THE CAMARADERIE THAT DEVELOPS BETWEEN THE HOME SCHOOL PARENTS IS ANOTHER POSITIVE.   "THIS IS A GOOD EDUCATIONAL EXPERIENCE FOR THEM, TRYING TO TEACH THEIR KIDS HEALTHY EATING  THIS IS JEFF FRANKLIN REPORTING.KIDS, OF COURSE CAN BE PICKY-EATERS, BUT KENTUCKY EXTENSION SAYS IF KIDS ARE ALLOWED TO BE INVOLVED IN THE  SHOPPING AND PREPARATION OF MEALS, THEY ARE MORE LIKELY TO TRY THINGS,  ESPECIALLY FRUITS AND VEGETABLES.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND TYNE MORGAN. I'M BETSY JIBBEN. HAVE A GREAT DAY.

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