AgDay Daily Recap -October 31, 2014

October 31, 2014 02:57 AM
 

TODAY ON AGDAY
OCTOBER 31, 2014

OPEN HEADLINES:
COMING UP TODAY ON AGDAY GRAINS SALES AND SHIPMENTS CONTINUE TO IMPRESS...PLUS A LOOK AT THE IMPACT OF DROUGHT ON RICE GROWERS IN CALIFORNIA.  IN THE PROFARMER PROFIT BRIEFING...WHAT'S THE DEAL WITH THIS SOYBEAN RALLY. WHAT IS GOING ON, AND ITS FRIGHT NIGHT ON THIS TENNESSEE FAMILY FARM.  AGDAY-BROUGHT TO YOU BY CHEVY SILVERADO 2014 NORTH AMERICAN TRUCK OF THE YEAR.
GAIN EXPORTS:
GOOD MORNING I'M CLINTON GRIFFITHS. AFTER THREE SESSIONS OF HIGHER TRADE, SOYBEAN FUTURES TOOK A STEP BACKWARD FOLLOWING NEW EXPORT DATA. ...AND THAT'S OUR TOP STORY ON AGDAY.
CALI RICE:
YESTERDAY WE TOLD YOU ABOUT RICE FUTURES FALLING BECAUSE OF A GLUT OF GLOBAL PRODUCTION. HERE AT HOME...
CALIFORNIA'S DROUGHT IS TAKING A BITE OUT OF THE STATE'S FIVE BILLION DOLLAR RICE INDUSTRY, WHICH SUPPLIES PREMIUM GRAINS TO NEARLY ALL U-S SUSHI RESTAURANTS. THE DROUGHT IS ALSO AFFECTING MIGRATORY BIRDS THAT DEPEND ON FLOODED RICE FIELDS FOR HABITAT. TERRY CHEA HAS DETAILS FROM SACRAMENTO.
CALI EGG APPEAL:
THANKS TERRI. ALSO IN CALIFORNIA, THAT STATE'S CONTROVERSIAL EGG LAW MAY BE HEADED FOR A HIGHER COURT.
CROP WATCH:
LET CHECK IN TO SEE HOW HARVEST IS GOING IN THE BIG I STATES.
MIKE HOFFMAN HAS DETAILS IN THIS MORNING'S CROPWATCH.
DAIRY MARGIN:
THANKS MIKE. THE USDA SAYS ITS EXTENDING THE DEADLINE TO SIGN UP FOR THE DAIRY MARGIN INSURANCE PROGRAM.
TEASE:
UP NEXT A QUICK CHECK OF THURSDAY'S MARKET ACTION AND THE FELLAS FROM PROFARMER ARE HERE WITH A DISCUSSION ON THE RECENT RALLY IN SOYBEANS.
DUPONT EARNINGS:
PIONEER SEED'S PARENT COMPANY DUPONT RELEASED THIRD QUARTER EARNINGS THIS WEEK. IT'S AG SECTOR SALES FELL FOUR PERCENT FROM JULY TO SEPTEMBER--MOSTLY DUE TO LOWER CORN SEED PRICES IN BRAZIL. DURING A CALL WITH INVESTORS, A COMPANY SPOKESPERSON SAYS THEY EXPECT 2015 TO A CHALLENGING YEAR DUE TO DEPRESSED CROP PRICES. THE COMPANY WAS ALSO ASKED ABOUT SHAREHOLDER PRESSURE TO SPLIT THE AG BUSINESSES OFF FROM THE REST OF DUPONT. CEO ELLEN KULLMAN SAYS WHILE THERE ARE ALWAYS CONVERSATIONS, THERE ARE GOOD SYNERGIES BETWEEN THE AG AND CHEMICAL SIDE OF DUPONT'S BUSINESS.
TEASE:
THANKS MIKE. OUR GREAT AMERICAN BARN HAS A UNIQUE TIE TO AMERICA'S FIRST STEP INTO MECHANICAL AGRICULTURE. THAT'S NEXT ON AGDAY.
GAB MCCORMICK:
TODAY'S GREAT AMERICAN TOUR BARN TAKES US TO NORTHWEST ILLINOIS WHERE THE WHITESIDE COUNTY FARM BUREAU HOSTED A BARN TOUR THIS PAST SUMMER. AL PELL TAKES US TO ONE STOP WHERE AGRICULTURE'S LEAP INTO MECHANICAL REAPERS MIGHT BE LINKED.
GREAT AM BARNES:
IF YOU HAVE A BEAUTIFUL OR INTERESTING BARN YOU'D LIKE TO SHARE, LET US KNOW. YOU CAN SEND IT TO THE ADDRESS ON THE SCREEN OR EMAIL. BE SURE TO SEND A PHOTO OR TWO AND A LITTLE BIT OF HISTORY. THAT EMAIL ADDRESS IS "GREAT-AMERICAN-BARNS-AT-AGDAY-DOT COM.
TEASE:
THE HAY BALE CONTEST IS A BIG AGRI-TOURISM DRAW FOR THE COUNTY. NEXT SEE HOW FARMERS ARE GOING BEYOND PUMPKINS FOR HALLOWEEN.
ITC TENN HALLOWEEN:
THE HALLOWEEN SEASON IS HERE, AND GHOSTS, GHOULS AND ZOMBIES COULD BE MAKING AN APPEARANCE AT A FARM NEAR YOU. AGRI-TOURISM THIS TIME OF YEAR OFTEN INCLUDES A FULL WITCH'S BREW OF FRIGHTS. IN THIS REPORT FROM THE UNIVERSITY OF TENNESSEE, CHUCK DENNEY TAKES US TO A PLACE WHERE THE SCARES ARE FARM-FRIENDLY.
CLOSE:
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

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