AgDay Daily Recap -October 17, 2014

October 17, 2014 02:57 AM
 

TODAY ON AGDAY
OCTOBER 17, 2014

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - NEW NUMBERS SHOW THE RURAL ECONOMY IN A SLIDE...WE'LL TELL YOU WHERE. IN AGRIBUSINESS...VOLATILITY IN THE OVERALL ECONOMY AND WHAT IT MEANS FOR AGRICULTURE. BUT SOME OF THAT MONEY IS STILL LOOKING FOR A HOT RETURN AND MIGHT IT FLOW INTO THE AG MARKETS. PLUS, THE U.N. WARNS THE EBOLA OUTBREAK COULD LEAD TO GLOBAL FAMINE. WE'LL VISIT A GREAT AMERICAN BARN IN AMISH COUNTRY...AND THIS ARTIST GETS HER INSPIRATION FROM THE BOTTOM OF A RIVER...AGDAY BROUGHT TO YOU BY CHEVY SILVERADO 2014 NORTH AMERICAN TRUCK OF THE YEAR.
RMI:
GOOD MORNING I'M CLINTON GRIFFITHS. BANKER’S THROUGH-OUT A WIDE PORTION OF FARM COUNTRY HAVE LITTLE POSITIVE NEWS AS LOCAL ECONOMIES STRUGGLE WITH LOW GRAIN PRICES. AND THAT'S OUR TOP STORY ON AGDAY.
WILD STOCK:
MEANWHILE IN THE BROADER ECONOMY, IT WAS ANOTHER UP AND DOWN DAY FOR U.S. STOCKS. A FLURY OF REPORTS SHOWING POSITIVE STEPS FOR THE U.S. ECONOMY...JOBLESS CLAIMS NOW AT THEIR LOWEST LEVEL IN 14 YEARS, AND INDICATIONS FROM THE FEDERAL RESERVE IT MAY CONTINUE IT'S BOND BUYING PROGRAM.
USDA DEFICIT:
AS FAR AS MONEY AND BUDGETS GO...THE U.S. OFFICE OF MANAGEMENT AND BUDGET ANNOUNCING THE FEDERAL DEFICIT FOR 2014 FELL TO 483 BILLION DOLLARS. USDA SPENDING BEING CITED AS A CONTRIBUTING FACTOR IN THE REDUCTION…
EBOLA FEMINE:
ONE SLOWLY EMERGING THREAT TO THE GLOBAL ECONOMY IS THE EBOLA OUTBREAK. THE UNITED NATIONS IS NOW WARNING OF GLOBAL FAMINE AND A MAJOR FOOD CRISIS IS THE OUTBREAK CONTINUES TO GROW IN THE COMING MONTHS. IT'S ALREADY PROVING TO BE AN ISSUEFOR EBOLA RAVAGED COMMUNITIES IN WEST AFRICA.
WORLD FOOD DELIVERIES:
THE U.N.'S WORLD FOOD PROGRAM JUST SHIPPED 60 METRIC TONS OF FOOD AID TO RURAL AREAS ON LIBERIA AND SIERRA LEONE--WHERE VILLAGE CONTINUE TO BATTLE THE EBOLA OUTBREAK. THE WORLD FOOD PROGRAM SAYS THERE ARE STILL 750-THOUSAND PEOPLE IN NEED OF FOOD IN WEST AFRICA. FOOD PRICES ARE SPIKING AND MANY FARMS HAVE BEENED ABANDONED.SO FAR MORE THAN A HALF BILLION PEOPLE HAVE GOTTEN FOOD AND SUPPLIES THROUGH THE WORLD FOOD PROGRAM.
PROFIT BRIEFING:
IT'S BEEN A VERY VOLATILE WEEK ON THE TRADING FLOOR. WE'VE WITNESSED WIDE SWINGS ON WALL STREET. AND THOSE MOVES HAVE A DIRECT IMPACT ON AGRICULTURE. CHIP FLORY AND BRIAN GRETE JOIN US WITH THIS WEEK'S PROFARMER PROFIT BRIEFING.
TEASE:

STILL TO COME, MANY ARTISTS GO TO A CRAFT STORE TO FIND THEIR SUPPLIES. BUT WE'LL MEET AN ARTISAN WHO FINDS WHAT SHE NEEDS ALONG A RIVER ROCK BED.
GAB NICHOLS:
TODAYS'S GREAT AMERICAN BARN TOUR TAKES US TO NORTHERN INDIANA WHERE THE NICHOLS FAMILY HAS ENJOYED NEARLY THREE DECADES ON THEIR "GENTLEMEN'S FARM". AS AL PELL TELLS US CROP PRODUCTION IS LONG GONE FROM THIS FARM, BUT THE MEMORIES LIVE ON.
GREAT AM BARNES:
WE DON'T NEED VIDEO TO SHOWCASE YOUR FAVORITE BARN. PHOTOS ARE JUST FINE! MAIL A PHOTO OR TWO TO THE ADDRESS ON THE SCREEN OR CAN EMAIL US AT GREAT-AMERICAN-BARNS AT AGDAY-DOT-COM.
ITC ROCK PAINTER:
THERE ARE MANY ARTISTIC MEDIUMS TO CHOOSE FROM - CANVAS, CLAY, AND COLORS. BUT FOR LIN WELLFORD OF CARROLL COUNTY ARKANSAS, SHE FINDS HER BLANK SLATE AT THE BOTTOM OF A STREAM IN THE OZARKS. STEVE GRANT FROM AFFILIATE K-Y-THREE SAYS LIN'S LOVE OF NATURE INSPIRES HER ART FORM.

 

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