AgDay Daily Recap -October 20, 2014

October 20, 2014 02:57 AM
 

TODAY ON AGDAY
OCTOBER 20, 2014

OPEN HEADLINES:
COMING UP TODAY ON AGDAY - COULD 2015 BE THE YEAR WE PLANT MORE SOYBEANS THAN CORN. ANALYSTS ARE ALREADY MAKING PREDICTIONS. PLUS, TO STORE OR TO SELL AT HARVEST TIPS FOR SOYBEANS IN AGRIBUSINESS… DESPITE LOWER CORN PRICES, ETHANOL PRODUCTION IS FEELING THE SQUEEZE. THE PROBLEM IS, IS THAT YOU KNOW GASOLINE PRICE HAVE COME DOWN CRUDE OIL PRICE HAS COME DOWN DRAMATICALLY. MACHINERY PETE SAYS MANURE SPREADERS ARE HOT AUCTION ITEMS, AND CREATING A PATCHWORK OF PUMPKINS. THE CLASSIC GORD GETTING MORE CREATIVE USES BEYOND LIFE AS A JACK O LANTERN… AGDAY-BROUGHT TO YOU BY CHEVY SILVERADO 2014 NORTH AMERICAN TRUCK OF THE YEAR.
SOYBEANS ACRES:
GOOD MORNING I'M CLINTON GRIFFITHS. WITH 2014 GRAIN STILL COMING OUT OF THE FIELD, WE'RE ALREADY GETTING IDEAS HOW MANY ACRES OF CORN AND SOYBEANS WILL BE PLANTED NEXT SPRING. AND THAT'S OUR TOP STORY ON AGDAY.
NEONIC:
THANKS TODD, IN RELATED NEWS... A COMMON CHEMISTRY USED TO FIGHT IN SOIL PESTS MAY NOT BE BENEFICIAL. THAT'S ACCORDING TO NEW EPA ANALYSIS OF NEONICOTINOID INSECTICIDE SEED TREATMENTS FOR SOYBEANS.
ENLIST LAWSUIT:
THE SAME DAY NEW HERBICIDE PAIRING-- ENLIST DUO RECIEVES APPROVAL FROM EPA, A LAWSUIT IS FILED TO STOP IT. THE NATURAL RESOURCES DEFENSE COUNCIL FILING THAT SUIT HOPING TO REVERSE EPA'S DECISION. THE HILL REPORTING THE N-R-D-C FILED THE SUIT CLAIMING ENLIST DUO WOULD DESTROY MONARCH BUTTERFLY POPULATIONS AND POSE A RISK TO HUMAN HEALTH.  THE PRODUCT WAS CLOSELY STUDIED BY THE EPA AND EPA OFFICIALS SAY ENLISTS DUO PASSED MULTIPLE RIGOROUS TESTS. THE NRDC FILED ITS LAWSUIT WEDNESDAY IN THE COURT OF APPEALS FOR THE DISTRICT OF COLUMBIA CIRCUIT.
FARM BILL TOOL:
AS FARMERS WORK THROUGH HARVEST, MANY ARE ALREADY THINKING ABOUT 2015.
AND THAT INCLUDES MAKING IMPORTANT DECISIONS ABOUT SAFETY NET PROGRAMS IMPLEMENTED IN THE LATEST FARM BILL. NOW THEY CAN RECEIVE SOME EXTRA HELP, JUST BY USING THEIR CELL PHONE.  AGDAY NATIONAL REPORT BETSY JIBBEN HAS MORE ON POSSIBLE TOOLS TO HELP SORT OUT THE CHOICES.
CROP WATCH:
ALRIGHT...THANKS BETSY. LETS CHECK IN NOW WITH OUR OWN METEOROLOGIST MIKE HOFFMAN...HE HAS OUR FIRST LOOK FARM COUNTRY WEATHER AND OF COURSE TODAY'S CROPWATCH. MIKE GOOD MORNING.
TEASE:
UP NEXT A LOOK AT HOW MARKETS CLOSED LAST WEEK PLUS THE IMPACT OF FALLING OIL PRICES ON AGRICULTURE.
CME REPORT:
IN AGRIBUSINESS TODAY, WE CLOSED THE WEEK ON A DOWN NOTE. WE HEAD TO THE CME FLOOR FOR DETAILS.
ANALYSIS INTRO:
THE ETHANOL INDUSTRY IS COMING TO A CRITICAL JUNCTURE. WHILE FEEDSTOCK PRICES - IN THE FORM OF CORN - IS DOWN, DEMAND FOR GASOLINE IS ALSO DOWN. AL PELL TAKES OVER THE CONVERSATION.
WX:
WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN TO START HE WEEK. MIKE WHAT ARE GOING WE GOING TO SEE THIS WEEK, SUMMER BACK OR ARE WE INTO WINTER ALREADY. NO FOR THE EASTERN PART OF THE COUNTRY IT’S DEFINITELY STARTING ON THE COLD SIDE. WE WILL SEE THINGS WARM UP A LITTLE BIT AS WE HEAD THROUGH TIME. THE TROUGH KIND OF DIGGING IN ONCE AGAIN IN THE EASTERN PARTS OF THE COUNTRY... A PIECE OF IT IS MOVING THROUGH EASTERN CANADA AWAY BUT YOU CAN NOTICE THE NEXT LITTLE RIPPLE COMING THROUGH THE WESTERN GREAT LAKES INTO THE CENTRAL PLAINS. AS WE PUT THE JET STREAM INTO MOTION. YOU CAN SEE THAT DIGS IN AND CUTS OFF ALONG THE EAST COAST. THAT IS GOING TO KEEP IT CHILLY FOR MOST OF THE EASTERN SEABOARD AS WE HEAD THROUGH THE WEEK. HOWEVER YOU'LL NOTICE THE NEXT TROUGH TRIES TO COME INTO THE GREAT LAKES NEXT WEEKEND BUT THEN ITS QUICKLY SHOVED TO THE EAST WITH A HUGE RIDGE BUILDING UP. IF THIS COMPUTER MODEL IS CORRECT NEXT WEEK COULD BE FAIRLY WARM WITH THE TROUGH DIGGING IN THE WESTERN PARTS OF THE COUNTRY KIND OF FLIP FLOPPING THE WEATHER PATTERN. AND I THINK AS WE HEAD INTO NOVEMBER WE'RE GOING TO SEE THAT OCCASIONALLY. WE'RE GOING TO SEE THE TROUGH KIND OF MOVING AROUND BUT AS WE HEAD TOWARD WINTER ITS PROBABLY GOING TO HEAD BACK TOWARD THE MIDWEST. SO THAT'S SOMETHING WE'LL BE DEALING WITH WHEN WE GET TO OUR WINTER FORECAST COMING UP LATER IN THE MONTH. THERE'S OUR BELOW NORMAL TEMPERATURES THIS WEEK. YOU CAN SEE THE CHILLY CONDITIONS FROM THE SOUTHERN GREAT LAKES ALL THE WAY THROUGH THE SOUTHERN TIP OF FLORIDA. BACK WEST OF THE MISSISSIPPI THROUGH MOST OF LOUISIANA ARKANSAS MISSOURI AND ON UP INTO SOUTHERN NEW YORK, SOUTHERN NEW ENGLAND ABOVE NORMAL FOR PARTS OF MAINE IT LOOKS LIKE BUT YOU FOLKS WILL BE KIND OF THE TEMPERATURES WILL BE KIND OF FLUCTUATING A LITTLE BIT. FAR NORTHWESTERN PLAINS BACK TO WASHINGTON AND OREGON DOWN THROUGH MOST OF THE FOUR CORNER REGION EXPECTED TO HAVE ABOVE NORMAL TEMPERATURES THIS WEEK AS WELL. AS FAR AS PRECIPITATION FOR THE COMING WEEK, IT COULD BE A GOOD ONE TO GET SOME OF THOSE CROPS IN. IT COULD BE BELOW NORMAL FROM THE SOUTH EAST ALL THE WAY INTO THE EASTERN TEXAS AND ALL THE WAY NORTHWARD TO THE CANADIAN BORDER SO MOST OF THE PLAINS STATES MOST OF THE CORN BELT EXPECTED TO HAVE LESS PRECIPITATION THAN NORMAL THIS WEEK. YOU CAN SEE THOUGH ABOVE NORMAL IN THE NORTHEAST AND THAT'S JUST GOING TO BE A CONTINUOUS THING. WHEN YOU HAVE A CUTOFF LOW SITTING RIGHT SOUTH OF NEW ENGLAND THAT'S JUST GOING TO PUMP IN THE ATLANTIC MOISTURE FOR YOU FOLKS…ABOVE NORMAL ALSO FROM THE FOUR CORNER REGION UP THROUGH MOST OF COLORADO AND ALSO ABOVE NORMAL FOR THE PACIFIC NORTHWEST…. BELOW NORMAL EASTERN IDAHO DOWN INTO CENTRAL PORTIONS OF CALIFORNIA. 30 DAY OUT LOOK FOR TEMPERATURES. THIS WOULD TAKE US THROUGH THE MIDDLE TO LATTER PARTS OF NOVEMBER. ABOVE NORMAL FOR SOUTHEAST TEXAS ON UP AND DOWN THE EASTERN SEABOARD INCLUDING THE ENTIRE SOUTHEAST…ALSO ABOVE NORMAL WESTERN MONTANA THROUGH MOST OF THE WEST COAST. BELOW NORMAL AREA THE ONLY AREA I'M FINDING RIGHT NOW IS NORTHERN WISCONSIN DOWN INTO NEBRASKA AND ON UP TOWARD THE CANADIAN BORDER. PRECIPITATION OVER THE NEXT 30 DAYS LOOKS ABOVE NORMAL TO ME FOR MOST OF THE CENTRAL AND NORTHERN PLAINS INTO THE WESTERN GREAT LAKES. NEAR NORMAL FOR THE EASTERN PORTIONS OF THE OHIO VALLEY,  AND THE SOUTHEAST. BELOW NORMAL FOR IDAHO DOWN INTO CALIFORNIA...THAT'S A LOOK ACROSS THE COUNTRY NOW LETS TAKE A LOOK AT SOME LOCAL FORECASTS…WE'LL HEAD TO BOISE IDAHO FIRST OF ALL SUNNY TO PARTLY SUNNY AND WARM. HIGH OF 75 DEGREES…TAKING A LOOK AT LITTLE ROCK ARKANSAS A GOOD DEAL OF SUNSHINE AND NICE HIGH AROUND 76. AND FINALLY AUGUSTA MAINE MOSTLY SUNNY AND COOL...HIGH ONLY AROUND 50
TEASE:
STILL TO COME WITH EXPANSION OF CATTLE HERDS, THERE'S ALSO A NEED FOR MANURE SPREADERS. MACHINERY PETE WILL EXPLAIN AND DOLLARS AND CENTS WHEN HE JOINS US NEXT.
MACH PETE OPEN:
WITH EXPANSION IN BEEF AND DAIRY HERDS, THERE'S A NEED FOR SPREADERS. MACHINERY PETE SAYS MANURE SPREADERS IN GOOD CONDITION ARE GOING FAST AT AUCTIONS.
MACHINERY PETE:
THANKS, GREG. YOU CAN STAY UP TO DATE WITH THE LATEST DEALS BY FOLLOWING PETE ON TWITTER OR LIKING HIM ON FACEBOOK. IN ADDITION TO HIS WEEKLY SEGMENT ON AGDAY, HE'S ALSO FEATURED EVERY WEEK ON AGRITALK AND AGWEB DOT COM.
ITC PUMPKIN FIELD DAY:
IT'S TIME TO VISIT THE PUMPKIN PATCH. PUMPKINS ARE A SYMBOL OF HALLOWEEN AND FALL, BUT ALSO A SOURCE OF INCOME FOR OUR FARMERS. FROM THE UNIVERSITY OF TENNESSEE, CHUCK DENNEY SHOWS US WHAT YOU CAN DO WITH A LITTLE CREATIVITY AND A FEW THOUSAND PUMPKINS.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

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