AgDay Daily Recap -Sept. 30, 2015

September 30, 2015 02:57 AM
 

TODAY ON AGDAY
September 30, 2015

~~TODAY ON AGDAY -THE LAWMAKER WHO COULD BE THE NEXT SPEAKER OF
THE HOUSE IS DEEPLY ROOTED IN AG. WE'LL LOOK AT THE RESUME OF KEVIN
MCCARTHY. WE'LL GET A YIELD CHECK FROM THE NATION'S TOP CORN
PRODUCING STATE AS THE I-80 TOUR STOPS IN WESTERN IOWA. IT'S GOING
TO MAKE FOR ANOTHER INTERESTING HARVEST WITH MUD AND LATE
MATURITY CROPS. IN AGRIBUSINESS. BUT I THINK WE ARE AT LOW PERIODS AND I THINK
WE ARE GOING TO HAVE A PRETTY GOOD OCTOBER RALLY
PLUS MEET A DAIRY PRODUCER WHOSE DEDICATION
EARNS HER TOP HONORS.
AGDAY-BROUGHT TO YOU BY THE DEPENDABLE,
LONG LASTING CHEVY SILVERADO. AND BY BASF, GROW SMART WITH BASF
AND GET THE MOST ACRE AFTER ACRE SEASON AFTER SEASON.

GOOD MORNING I'M CLINTON GRIFFITHS. THE CALIFORNIA LAWMAKER WHO
WANTS TO BE THE NEXT SPEAKER OF THE HOUSE HAS A REPUTATION FOR
BEING VERY FRIENDLY TO AGRICULTURE.
KEVIN MCCARTHY ANNOUNCED TUESDAY HE WANTS THE TOP SPOT IN THE
HOUSE. RIGHT NOW, HE'S NUMBER TWO BEHIND CURRENT SPEAKER JOHN
BOEHNER. HOUSE MAJORITY LEADER KEVIN MCCARTHY OFFICIALLY DECLARING HIS
CANDIDACY FOR HOUSE SPEAKER. MCCARTHY SENT A LETTER TO GOP
LAWMAKERS ON MONDAY PLEDGING TO FIGHT FOR CONSERVATIVE
PRINCIPLES -AND ASKING FOR THEIR SUPPORT AS THE NEXT SPEAKER.
MCCARTHY IS SERVING HIS FIFTH TERM IN CONGRESS AND HAS BEEN
ENDORSED BY BOEHNER. MCCARTHY IS A FORMER MEMBER OF THE HOUSE AGRICULTURE COMMITTEE.
HE'S A NATIVE OF BAKERSFIELD. HIS GRANDFATHER WAS A CATTLE
RANCHER. MCCARTHY REPRESENTS CALIFORNIA'S 23RD CONGRESSIONAL DISTRICT
WHICH COVERS MOST OF KERN AND TULARE COUNTIES.
THAT AREA ENCOMPASSES THE SOUTHERN HALF OF THE CENTRAL VALLEY,
WHICH MAKES IT ONE OF AMERICA'S TOP AGRICULTURAL DISTRICTS.
ACCORDING TO MCCARTHY'S CONGRESSIONAL HOMEPAGE, THE DISTRICT
PRODUCES THREE BILLION DOLLARS ANNUALLY IN A LONG LIST OF AG
PRODUCTS, INCLUDING COTTON, CITRUS, STONE FRUITS, AND ALMONDS.

WE REACHED OUT TO THE AMERICAN FARM BUREAU FEDERATION FOR ITS
PERSPECTIVE ON MCCARTHY. MARY KAY THATCHER IS SENIOR DIRECTOR OF
CONGRESSIONAL RELATIONS. THATCHER SAYS FARM BUREAU THINKS
MCCARTHY WOULD MAKE A GREAT SPEAKER.
WITH HIS BACKGROUND ON THE AG COMMITTEE, HE UNDERSTANDS THE
IMPORTANCE OF AGRICULTURE AND THE ISSUES FACING THE INDUSTRY.
QUOTING NOW -"HE UNDERSTANDS THE NEED FOR IMMIGRATION REFORM,
FOR LESS REGULATION AND FOR MORE TRADE."

USDA'S ANIMAL AND PLANT HEALTH INSPECTION SERVICE WANTS TO MAKE
SURE TESTING OF GENETICALLY MODIFIED WHEAT IS BETTER CONTROLLED,
AS TO AVOID MARKET DISRUPTIONS.
APHIS LAUNCHED A 30-DAY PUBLIC COMMENT PERIOD ON ITS PROPOSED
PLAN TO STRENGTHEN OVERSIGHT OF WHEAT FIELD TRIALS.
YOU MAY REMEMBER TWO YEARS AGO USDA INVESTIGATED DETECTIONS OF
G-E WHEAT IN OREGON AND MONTANA. AT THE TIME, THERE WERE NO
ACTIVE FIELD STUDIES INVOLVING GENETICALLY MODIFIED WHEAT.
INVESTIGATORS ARE UNSURE WHERE THE UN-AUTHORIZED G-E WHEAT CAME
FROM. THE PROPOSED RULE REQUIRES MORE STRINGEST POST-HARVEST
MONITORING FOR VOLUNTEER WHEAT PLANTS.
THE COMMENT PERIOD RUNS THROUGH OCTOBER 26TH.
THE I80 HARVEST TOUR SPONSORED BY THE ENLIST WEED CONTROL
SYSTEM FROM DOW AGROSCIENCES COMBINING THE PROVEN CONTROL OF
A NEW 2,4-D AND GLYPHOSATE. TAKE CONTROL OF TOUGH WEEDS LIKE
NEVER BEFORE.
WE CONTINUE OUR I-80 HARVEST TOUR INTO WESTERN IOWA..WHERE RAIN IS
HINDERING PROGRESS. ACCORDING TO USDA'S CROP PROGRESS REPORT ONLY 2 AND A HALF DAYS
WERE CONSIDERED SUITABLE TO BE IN THE FIELD IN SOUTHWESTERN IOWA
LAST WEEK. FOR NORTHWEST IOWA, THAT NUMBER WAS JUST A TOUCH OVER 3.
AS NATIONAL REPORTER BETSY JIBBEN SHOWS US, THAT'S KEEPING CROPS
IN THE FIELD. THIS WEEK'S CROP PROGRESS REPORT SHOWS 5 PERCENT OF THE THE 'I'
STATE'S CORN ACRES ARE NOW IN THE BIN. THAT'S 9 POINTS BEHIND THE
FIVE YEAR AVERAGE. FOR SOYBEANS, THAT'S 7 PERCENT. THAT'S 6 POINTS
BEHIND THE AVERAGE. AS NATIONAL REPORTER BETSY JIBBEN SHOWS US,
RAIN HAS SLOWED DOWN HARVEST IN WESTERN IOWA.
CLINTON, THE RAINS STARTED IN WESTERN IOWA A YEAR AGO AND IT'S
RAINED CONSISTENTLY SINCE THEN. NOW TOO MUCH OF A GOOD THING IS
PUTTING HARVEST ON PAUSE. DON'T LET THIS WIND DECEIVE YOU...
JUST LIKE IN THE SPRING.. WESTERN IOWA IS IN NEED OF A DRY-DOWN...
T'S NOT THE KIND OF WIND THAT BLOWS THE CORN DOWN BUT IT CERTAINLY AIDS IN
THE DRYING, WE ARE WAITING FOR THE GRAIN TO DRY.. MOST IS
MATURE..WE ARE WAITING FOR THE MOISTURE TO GET DOWN TO 19-20 PERCENT. THAT'S WHERE WE
TYPICALLY START. THAT WIND HELPED FOR RANDOLPH, IOWA FARMER JULIUS SCHAFF TWO
WEEKS AGO.. UNTIL 8 INCHES OF RAIN CAME DOWN LATE SEPTEMBER
THAT ADDED EXTRA MOISTURE ONTO ALREADY SATURATED FIELDS..
THE RAINS KEEP COMING HERE.. THEY HAVE SINCE LAST FALL. WE'RE STILL GETTING RAINS. WE'RE
HOPING IT WILL DRY UP FOR HARVEST THIS FALL. THOSE PLANTING DELAYS HAVE CYCLED
INTO A DELAYED HARVEST AS WELL..(DELAYS TWICE?) SCHAAF HAS YET TO GET IN THE FIELD..
BUT HE BELIEVES HIS GOOD GROUND WILL CARRY THE CROP THAT'S
SOAKED. WHEN WE AVERAGE ALL THE CROP TOGETHER WITH ALL THE LAND WE FARM, WE'LL PROBABLY HAVE
AN APH YIELD. BUT IT WILL BE CLOSE TO INSURANCE GUARANTEE.
ALL MY FRIENDS SAY THEY ARE VERY PLEASED WITH THE CROP THIS YEAR WITH THE EXCEPTION OF
SOUTH-CENTRAL IOWA. THAT'S PROBABLY THE WORST HIT WITH HEAVY RAIN AND POOR DRAINAGE,">
FOR SOYBEANS, SCHAAF SAYS SUDDEN DEATH IS POPPING UP IN THE AREA.
HE FEELS THE BEANS ARE FAR ENOUGH ALONG.. THAT IT SHOULDN'T SET
YIELD BACK TOO MUCH. I THINK IT WILL DIMINISH YIELD A LITTLE BIT BUT NOT SIGNIFICANTLY.
ODEBOLT, IOWA FARMER MATT RAASCH ISN'T IN THE FIELD EITHER..
I HAD A GUY HERE THIS MORNING LOOKING AT SOME HOGS AND I JUST SAID I WANT TO BE OUT IN
THE COMBINE GOING. HE HASN'T SEEN AS MUCH MOISTURE AS SCHAAF..
BUT HE TOO, IS EXPERIECING A RAINY GROWING SEASON AND HARVEST..
A FRESH 3 INCHES HAS HIT THE GROUND AGAIN.
IT'S GOING TO MAKE FOR ANOTHER INTERESTING HARVEST WITH MUD AND LATE MATURITY CROPS.
WHICH IS WASHING AWAY HOPES FOR A CONSISTENT CROP.
FROM THE ROADS, THINGS LOOK GOOD. BUT I THINK IT'S GOING TO BE VARIABLE. I'M GOING TO
SAY 8 TO 10 PERCENT OF OUR ACRES ARE GOING TO BE ZERO ON THE YIELD MONITOR BECAUSE OF
DROWNED OUTS AND THINGS. WHILE RAASCH BELIEVES SOME AREAS ARE DOING WELL..
HE BELIEVES OTHERS WON'T TALLY INTO A RECORD CROP.
I DON'T THINK RECORD CROP BY ANY MEANS BUT I THINK IT WILL BE RESPECTABLE. AVERAGE TO
ABOVE I'M GOING TO GUESS. 180 IN CORN AND 50 TO 55 IN BEANS.
THIS YEAR'S HARVEST MAY BRING NEW HURDLES..
WITH A COMBINATION OF A SLOWER DRY DOWN AND YIELD UNCERTANTITY.
I THINK THERE'S A FAIR AMOUNT OF ANXIETY WITH COMMODITY PRICES AND NOT KNOWING WHAT'S
GOING TO BE OUT THERE FOR YIELD AND IT'S BEEN SUCH AN ERRATIC GROWING SEASON. IT'S HARD TO
PLAN WHAT'S THERE. BESIDES WHITE MOLD POPPING UP IN SOME PATCHES OF SOYBEANS,
RAASCH SAYS EARLY VARIETIES LOOK BETTER THAN THE LATE MATURING
BEANS.
RAINS AND WET WEATHER KEEPING SOME EQUIPMENT OUT OF THE FIELD
BUT NOT ALL. MIKE HOFFMAN HAS DETAILS IN CROP WATCH.
GOOD MORNING CLINTON. FOR TODAY'S CROPWATCH..
ANDY PASZTOR IS GETTING SOME FIELD WORK DONE AS HE PREPARES TO
PLANT RYE. HE SAYS RIGHT NOW, CONDITIONS ARE NICE.
BUT RECENT RAINS HAVE PUT SOYBEAND HARVEST ON HOLD.
HE'S READY TO RESTART AS SOON AS THINGS DRY UP.
AND IN AROOSTOOK COUNTY, MAINE, POTATO HARVEST IS ABOUT HALF
COMPLETED. YIELD AND QUALITY LOOKS GOOD.
THERE'S BEEN SOME LIGHT FROST LATELY.
AND TAKING A LOOK AT THE WEATHER MAP YOU CAN SEE THE CROP MOISTURE VERY
DRY CONDITIONS HAVE REALLY DEVELOPED EASTERN TEXAS THROUGH THE SOUTHERN
MISSISSIPPI VALLEY OTHER THAN THAT NOTHING TO BAD ACROSS THE COUNTRY I'LL TALK ABOUT YOUR FORECAST COMING UP IN JUST A FEW MINUTES 

UP NEXT WE'LL LEAVE THE FUNDAMENTALS BEHIND AND TAKE A LOOK AT THE
TECHNICALS WITH MIKE FLOREZ. HE EXPECTS AN OCTOBER BUMP IN GRAIN PRICES. HE'LL TELL US MORE NEXT
AT THE AGRIBUSINESS DESK. AND WE'RE HEADED TO THE DAIRY STATE TO MEET A PRODUCER SO
DEDICATED TO THE INDUSTRY THAT SHE'S RECEIVING TOP HONORS.
IN THE COUNTRY LATER ON AGDAY.

AGDAY -BROUGHT TO YOU BY STRATEGO YIELD FUNGICIDE FROM BAYER.
OFFICIAL FUNGICIDE OF THE YIELD BUMP. STRATEGO YIELD-HEALTHY FIELDS..
HIGHER YIELDS.
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IN AGRIBUSINESS GRAINS SEEING THE GREEN IN TUESDAY TRADE BUT
CATTLE STRUGGLING ONCE AGAIN. LETS GET DETAILS FROM THE FLOOR OF THE CME.
ANOTHER WILD DAY IN THE LIVESTOCK MARKETS, ESPECIALLY IN THE CATTLE
AND FEEDER CATTLE WHICH TRADED LIMIT DOWN AGAIN TODAY. THE CALL
FOR THE MARKET IS STILL CONTINUED WEAK BEEF MARKETS. BEEF PRICES
DOWN AGAIN TODAY. AND THAT'S BEEN SPILLING OVER INTO THE LIVE
CATTLE MARKET ALSO THE FEEDER CATTLE MARKET. FEEDER CATTLE
MARKET OVERALL HAS BEEN THE WEAKER PART OF THE COMPLEX. AND
THAT'S AN INDICATION I THINK THAT WE DO HAVE SOME INCREASED HERDS
COMING ON, SOME INCREASED SUPPLIES COMING ON. IT MAY NOT SHOW UP
RIGHT AWAY IN THE CATTLE ON FEED NUMBERS BUT THEY ARE OUT THERE
AND EVENTUALLY WILL IMPACT THE MARKET. THE MARKET IS STILL REELING
FROM THE COLD STORAGE REPORT FROM LAST WEEK WHICH SHOWED
PLENTY OF SUPPLIES OF BEEF IN STORAGE, MUCH HIGHER THAN THE TRADE
EXPECTED. A CLEAR INDICATION THAT CONSUMER DEMAND HAS SHIFTED
OUT OF BEEF AND THE WAY THE HOG MARKET IS ACTING, MOST OF THE
CONSUMER DEMAND HAS SHIFTED OVER TO THE PORK MARKET. THANKS
VERY MUCH THIS IS JACK SCOVILLE, VICE PRESIDENT OF PRICE FUTURES
GROUP HERE ON THE CME GROUP FLOOR WITH SOME COMMENTS FOR THE
MARKET.

OUR GUEST HERE AT THE AGRIBUSINESS DESK, MIKE FLOREZ, FLOREZ TRADING--OUR FAVORITE
TECHNICAL TRADER. MIKE, YOU WATCH CHARTS PRETTY CLOSE, TALK A LITTLE BIT WHAT YOU SEE AS FAR
AS TECHNICAL CHARTS IN OCTOBER, WHAT WE MIGHT EXPECT.>> WELL, I'M KIND OF THE OPINION
THAT THE GRAIN MARKETS, WHICH HAVE BEEN GOING SIDEWAYS FOR QUITE A WHILE, REALLY YOU
KNOW YOU THINK ABOUT...CORN MADE ITS LOW LAST SEPTEMBER. AND NOW WE HAVE CHOPPED
AROUND, COME DOWN A LITTLE BIT AGAIN. BUT I THINK WE ARE AT LOW PERIODS AND I THINK WE ARE
GOING TO HAVE A PRETTY GOOD OCTOBER RALLY ON CORN AND BEANS. WHEAT IS ACTUALLY SHOWING
AT TECHNICALLY, IT'S THE ONLY ONE THAT IS, BUT IT'S MADE HIGHER HIGHS AND HIGHER LOWS WHEN
IT COMES BACK, SO WHEAT TECHNICALLY LOOKS THE BEST, BUT I'M OF THE OPINION THAT THERE'S
GOING TO BE A RALLY IN THE CORN AND BEANS BASED UPON THE REVENUE TARGETS, LIKE
NOVEMBER BEAN PRICES THE TARGETS ARE ON 9.72, QUITE A BIT HIGHER THAN WHERE THE MARKET
IS. CORN IS ABOUT 4.15, MAY BE .30 THERE, SO I THINK THEY ARE GOING TO TRY TO MAKE THAT
DIFFERENCE UP IN THE MONTH OF OCTOBER, MUCH LIKE THEY DID LAST YEAR. SO I THINK IT WILL BE
KIND OF A SODA POP RALLY LAST 30 DAYS, 45 DAYS OR SOMETHING AND WE WILL SEE WHAT
HAPPENS FROM THERE, BUT IF YOU ARE SHORT THE MARKET AND YOU HAVE EVERY REASON IN THE
WORLD TO BE SHORT, BECAUSE FUNDAMENTALS ARE BEARISH. IF YOU ARE SHORT THE MARKET,
PROTECT THOSE PROFITS WITH STOPS. DO NOT LET THEM GET AWAY FROM YOU. STOP IS THE BEST TOOL
YOU CAN USE. IT'S NOT YOUR ENEMY, IT'S A TOOL, IT'LL PROTECT YOU.>> SO WHAT YOU ARE KIND OF
ALLUDING TO THOUGH IS OUR OCTOBER REPORT, RIGHT? WHEN IT COMES OUT, YOU THINK IT COULD BE
BULLISH AGAIN TO TRY TO GIVE LITTLE POP TO THIS MARKET? >> RIGHT.>> SO TALK, WHAT OTHER
MARKETS OUT THERE ARE YOU SEEING? WE ARE WATCHING STOCKS AND IT'S BEEN PRETTY CHOPPY
ITSELF. >> VERY CHOPPY. I'M OF THE OPINION THAT THE STOCK MARKET'S GOING TO HAVE A
MASSIVE RALLY OVER THE NEXT SIX MONTHS. SO I THINK WE MAY BE PUT IN KIND OF A SEMI
DOUBLE BOTTOM THIS WEEK AND THE STOCK MARKET IS GOING TO BE A VERY STRONG MOVING
MARKET. I THINK INTEREST RATES, YELLIN SAID THIS WEEK THEY'RE GOING TO RAISE INTEREST RATES.
THE STOCK MARKET I THINK LIKES THAT. LOW INTEREST RATES HAVE A VERY NEGATIVE EFFECT ON A
LOT OF PEOPLE. SAVERS AS AN EXAMPLE AND IT KIND OF PREVENTS BANKS FROM MAKING LOANS. I
THINK THIS COULD BE MORE OF AN AGGRESSIVE MOVE, WHERE BANK STOCKS ARE GOING TO BE
VERY STRONG, THAT COULD LEAVE THE STOCK MARKET HIGHER--MAYBE THAT'S THE SECTOR. BUT YET
TO ME THAT'S MY FAVORITE POSITION RIGHT NOW IS ALONG THE STOCK MARKET, BUT I THINK WE ARE
GOING TO HAVE A PRETTY GOOD GRAIN MARKET IN OCTOBER AND I'M GOING TO BE DEFINITELY
PLAYING THE UPSIDE OF THAT.>> ALL RIGHT, MIKE THANKS--THAT'S GOOD POSITIVE ADVICE.
HOPEFULLY WE WILL BE LOOKING TO THAT. THANKS, WE WILL BE BACK WITH MORE AGDAY IN JUST A
MINUTE.

FOR A FREE TWO WEEK TRAIL TO MIKE'S TRADING RECOMMENDATIONS, CALL FLOREZ TRADING AT 800841-
2108.

AMERICAN NEVER STOPS GROWING. THANKS TO FARM CREDIT, NEITHER
DOES RURAL AMERICA. LEARN MORE AT FARMCREDIT100.COM.


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WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN.
MIKE LOOKS LIKE THE NORTHEAST GETTING HAMMERED TODAY. I'LL TELL
YOU WHAT IT'S NOT GOING TO BE GOOD NEWS FOR TRYING TO GET THE
HARVEST IN OVER THE EASTERN SEABOARD THE NEXT FEW DAYS THE WAY
IT LOOKS LIKE NOW.YOU CAN SEE MULTIPLE AREAS OF LOW PRESSURE
FROM GULF COAST ALL THE WAY UP THE EASTERN SEABOARD. A LOT OF
THESE ARE GOING TO RIDE UP THIS FRONT. EVERYTHING IS STALLING OUT
WHEN I PUT THE MAPS INTO MOTION YOU'LL NOTICE THESE TWO AREAS OF
HIGH PRESSURE MOVING VERY LITTLE. WE'RE GOING TO SEE HIGH
DOMINATING FRONT THE GREAT LAKES ALL THE WAY INTO SOUTHERN PLAINS
THE NEXT SEVERAL DAYS. THIS SYSTEM OUT WEST WILL PULL A LITTLE BIT
OF MOISTURE OFF THE PACIFIC BUT NOT A LOT. SO THE FOCUS IS THE
EASTERN SEABOARD. YOU CAN SEE AS WE HEAD THRU TODAY TWO AREAS
OF LOW PRESSURE WE'LL BE SPREADING SOME AREAS OF RAIN, SOME OF IT
HEAVY. ON UP THE EASTERN SEABOARD. NOW THE TROPICAL POTENTIAL I'VE
SHOULD HAVE SAID THAT DIFFERENTLY -POTENTIALLY TROPICAL SYSTEM
DOWN THE ROAD -STILL SITTING OUT THERE. SO WE DON'T REALLY SEE
MUCH CONCERN WITH THAT. THIS AREA OF LOW PRESSURE WILL BE
SHUNTED SOUTHWARD BY THE COLD FRONT AS IT CONTINUES T OMOVE
THRU THE GULF. HEADING THRU TONITE, YOU CAN SEE THE TWO AREAS OF
LOW PRESSURE. THE SECOND ONE CAUSING PRETTY HEAVY RAINS IN PARTS
OF THE MID ATLANTIC AS WE HEAD INTO THE DAY TOMORROW. DRIES OFF
TEMPORARILY IN THE NORTHEAST BUT THAT SECONDARY LOW WILL BE
COMING YOUR WAY. AS A MATTER OF FACT, TOMORROW WE'RE GOING TO
SEE THAT HAPPEN WITH ANOTHER AREA OF LOW PRESSURE DEVELOPING
OVER NORTHERN FLORIDA ALONG THE FRONT. THAT ONE WILL ALSO
PROBABLY COME TOWARD THE NORTHEAST. SO NOT A LOT OF GOOD NEWS
ALONG THE EASTERN SEABOARD. HOWEVER MOST OF THE CORN BELT,
GREAT LAKES, SOUTHERN PLAINS NOT REALLY ANY PROBLEMS AS FAR AS
TOO WET CONDITIONS FOR HARVEST, SO THAT'S SOME GOOD NEWS THERE.
PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS, SOME PRETTY HEAVY
RAIN OVER PARTS OF THE OHIO VALLEY ON UP INTO THE MID-ATLANTIC,
NORTHEAST, ADDING ON THE NEXT 36 HOURS, MORE OF THE SAME. WE'LL
ADD A LITTLE BIT MORE TO THE SOUTHEAST. WE'LL CONTINUE TO ADD IT TO
PARTS OF THE NORTHEAST. AGAIN YOU'LL DRY OFF FOR A WHILE IN NEW
ENGLAND AND NORTHEAST, BUT THERE'S MORE MOISTURE COMING. TAKING
A LOOK AT HIGH TEMPS, PRETTY COOL FOR THIS TIME OF YEAR. 50'S, 60'S IN
THE GREAT LAKES ALL THE WAY INTO THE OHIO RIVER VALLEY. STILL 80S
ALONG THE GULF COAST, 90S IN TEXAS, TRIPLE DIGITS IN THE SOUTHWEST.
LOWS TONITE 40S AND 50S IN A HUGE AREA OF CORN BELT, MIDDLE OF THE
COUNTRY, AS YOU CAN SEE STILL MUGGY IN THE SOUTHEAST AND SOUTH
LAND. AS WE LOOK AT HIGH TEMPS TOMORROW, THERE ARE A LOT OF 50S
FOR HIGHS. NORTHERN PLAINS, GREAT LAKES INTO NEW ENGLAND. PRETTY
CHILLY WEATHER FOR THIS TIME OF YEAR. THAT'S BECAUSE OF THIS
TROUGH. IT SITS THERE FOR AWHILE AND YOU CAN SEE WHY WE'RE NOT
GOING TO MOVE MUCH. WE'LL SEE THAT CUTOFF LOW. AND THAT MAY LAST
INTO THE WEEKEND AND INTO EARLY NEXT WEEK BEFORE THINGS START
MOVING ALONG ONCE AGAIN. THAT'S A LOOK ACROSS THE COUNTRY, NOW
LET'S LOOK AT SOME LOCAL FORECASTS. FOR POCATELLO IDAHO TODAY
MIXTURE OF CLOUDS AND SUNSHINE, A LITTLE BIT ON THE WARM SIDE, HIGH
OF 78. MONROE, LOUISIANA VARIABLY CLOUDY AND WARM HIGH OF 86 AND
FINALLY WILMINGTON DELAWARE. PERIODS OF RAIN, POSSIBLY HEAVY AT
TIME, HIGH OF 79 DEGREES.


FREE TRADE TALKS CONTINUE ON THE TRANSPACIFIC PARTNERSHIP.
WE HAVE AN UPDATE NEXT. AND LATER MEET A WOMAN PASSIONATE ABOUT THE DAIRY INDUSTRY AND
SHE'S BEING RECOGNIZED FOR HER WORK.
THE DAIRY WOMAN OF THE YEAR, LATER ON IN THE COUNTRY.


WINFIELD IS YOUR TRUSTED AGRONOMIC AND BUSINESS PARTNER WITH THE
EXPERTISE, PRODUCTS AND INSIGHTS TO HELP YOU MAKE THE RIGHT
DECISIONS FROM PLANNING TO HARVEST IN TODAY'S COMPLEX
AGRIBUSINESS ENVIRONMENT.


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NEGOTIATORS FOR THE TRANS-PACIFIC PARTNERSHIP MEET IN ATLANTA,
GEORGIA THIS WEEK. IN A REPORT BY THE JAPAN TIMES, NEGOTIATORS ARE TRYING TO WHITTLE
DOWN DIFFERENCES AHEAD OF MINISTERIAL MEETINGS SET FOR
WEDNESDAY. THE 12 ECONOMIES INVOLVED IN THE FREE TRADE TALKS--INCLUDING
CANADA, MEXICO, NEW ZEALAND AND AUSTRALIA--REMAIN SPLIT OVER
ISSUES AROUND TRADE AND INVESTMENT RULES--THAT INCLUDES THINGS
LIKE PROTECTION PERIODS FOR BIOTECH DRUGS, AND MARKET ACCESS FOR
AUTOMOBILES AND DAIRY PRODUCTS.
TO THAT END, CANADIAN DAIRY FARMERS TAKING TO THE STREETS IN
DOWNTOWN OTTAWA ONTARIO TO PROTEST THE TPP.
FARMERS THERE ARE UPSET ABOUT POTENTIAL CONCESSIONS BY
NEGOTIATORS.

THE AMERICAN FARM BURUEA HAS RELASED IT'S FALL HARVEST SURVEY OF
FOOD PRICES. THE MARKETBASKET LOOKS AT THE COST OF 16 FOOD ITEMS USED TO
PREPARE A MEAL OR TWO. THE TOTAL COST WAS DOWN LESS THAN 1 PERCENT TO 54 DOLLARS AND 14
CENTS. OF THE 16 ITEMS PRICES FELL FOR 10 OF THEM--THE BIGGEST DROPS WERE
IN DAIRY AND PORK.

WHILE FUTURES PRICES CONTINUE TO PRESSURE THE CATTLE MARKET,
FEEDERS NOW FEELING THE PINCH. FEED LOT LOSSES JUMPINIG INTO TRIPLE DIGITS LAST WEEK--WITH
FEEDYARDS LOSING AN AVERAGE OF 360 DOLLARS ON EVERY ANIMAL SOLD.
DOWN ABOUT 3 DOLLARS PER HEAD COMPARED TO THE PREVIOUS WEEK.
STERLING MARKETING SAYS CASH CATTLE PRICES AVERAGED 129 DOLLARS
PER HUNDRED. PACKERS MARGINS ALSO FALLING...BUT STILL ON THE POSITIVE SIDE AT 81
DOLLARS PER HEAD. A YEAR AGO THEY WERE LOSING NEARLY 40 DOLLARS ON EVERY ANIMAL.


STILL TO COME MEET A WISCONSIN DAIRY PRODUCER WHOSE DEDICATION
TO THE INDUSTRY IS BEING RECOGNIZED BY HER PEERS.
IN THE COUNTRY IS NEXT.

AGDAY-BROUGHT TO YOU BY YAMAHA, MAKERS OF VIKING SIDE BY SIDES.
YAMAHA-REAL WORLD TOUGH.


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IN THE COUNTRY BROUGHT TO YOU BY THE ALL NEW KUBOTA SSV SERIES
SKID STEERS. YOU ASKED FOR A QUALITY SKID STEER AND WE DELIVERED.
VISIT YOUR LOCAL KUBOTA DEALER TO TEST DRIVE ONE TODAY.


THE 2015 WORLD DAIRY EXPO GETS UNDERWAY TODAY IN MADISON,
WISCONSIN. IN ADDITION TO THE LATEST EQUIPMENT AND TECHNOLOGY, THE
EXPO ALSO SHOWCASES AWARD WINNING LIVESTOCK AND AWARD WINNING
PRODUCERS. ONE OF THOSE PRODUCERS IS ROSALIE GEIGER OF REEDSVILLE,
WISCONSIN. SHE'S BEING HONORED AS THE 2015 DAIRY WOMAN OF THE
YEAR. IN THIS VIDEO PROVIDED BY THE WISCONSIN MILK MARKETING BOARD, WE
FIND OUT WHY ROSALIE EARNED THIS HONOR.
ROSALIE GEIGER IS LIKE ANY OTHER DAIRY FARMER IN WISCONSIN; HARDWORKING,
DEDICATED TO HER COWS AND HER FAMILY, AND VERY INVOLVED
IN HER COMMUNITY. SHE SEES HER LIFE AS NORMAL, BUT BUSY, SO WHEN
SHE HEARD SHE WON WORLD DAIRY EXPO'S -DAIRY WOMAN OF THE YEAR
HONOR, SHE WAS QUITE SURPRISED. I GOT A CALL IN MARCH, AND IT WAS
LIKE…I HAD TO SIT DOWN. (LAUGHS) IT WAS TOTALLY SHOCKING SURPRISE,
AND I MEAN A NICE SURPRISE, BUT TOTAL SHOCK! THOUGH ROSALIE MAY BE
SHOCKED, IT'S NOT HARD TO SEE WHY SHE'S EARNED THIS AWARD. SHE'S
RESPONSIBLE FOR THE CALVES ON THE HISTORIC FARM SHE RUNS WITH HER
HUSBAND, RANDY, AND SHE'S ALSO VERY ACTIVE WITHIN THE DAIRY
COMMUNITY. I THINK BEING ACTIVE ON THE LOCAL SCENE, ON THE NATIONAL
SCENE, AND ON THE STATE SCENE PROBABLY PUSHED ME TO GET THIS
HONOR. THROUGHOUT HER LIFE ROSALIE HAS DEVOTED MUCH OF HER TIME TO
SERVING THE DAIRY INDUSTRY. SHE'S REPRESENTED MANITOWOC AND
CALUMET COUNTIES ON THE WISCONSIN MILK MARKETING BOARD FOR 21
YEARS, SHE'S SERVED ON THE WISCONSIN FARM BUREAU FEDERATION
BOARD, AND SERVED 6 YEARS ON THE NATIONAL DAIRY BOARD, AMONG
MANY OTHER ACTIVITIES. ALL WHILE CONTINUING TO HELP RUN THE FAMILY
FARM. "WITHOUT FAMILY SUPPORT AND THE SUPPORT OF MY HUSBAND, WHO
KEPT THIS OPERATION GOING, WHO'S THE MAIN MAN, IT WOULD NEVER HAVE
HAPPENED. AND HE'S BEEN SO SUPPORTIVE. AND RANDY'S VERY INVOLVED
IN THE DAIRY INDUSTRY AND THE COMMUNITY TOO. WITH OVER A CENTURY
OF DEDICATED FARMERS IN HER FAMILY, ROSALIE IS PROUD TO CONTINUE
THE TRADITION OF GREAT DAIRYING IN WISCONSIN. "IT'S A LOT OF TEAM
WORK, AND I THINK THAT'S PROBABLY A PART OF WHY THERE'S SO MANY
WISCONSIN WOMEN THAT HAVE WON THIS AWARD. AND THAT'S WISCONSIN
DAIRY NEWS. ROSALIE WILL BE HONORED THS EVENING AT WORLD DAIRY EXPO. ALSO
RECEIVING AWARDS -HANK VAN EXEL -A PRODUCER FROM LODI,
CALIFORNIA. HE'S DAIRYMAN OF THE YEAR.
KEVIN LANG -A PRODUCER FROM HOWICK SOUTH AFRICA, HE'S THE
INTERNATIONAL PERSON OF THE YEAR.
AND OUR OWN JIM DICKRELL. JIM IS THE EDITOR OF OUR SISTER
PUBLICATION, DAIRY TODAY, MAGAZINE. HE WAS NAMED INDUSTRY PERSON
OF THE YEAR.

THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.
FOR MIKE HOFFMAN, AND ALL OF US AT AGDAY I'M CLINTON GRIFFITHS. HAVE
A GREAT DAY IN FARM COUNTRY.

 
HIGH STRENGTH STEEL FOR HIGH STRENGTH DEPENDABILITY, THE CHEVY
SILVERADO IS THE OFFICIAL NEWS GATHERING VEHICLE OF AGDAY
TELEVISION.


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I'M CLINTON GRIFFITHS. HOW MUCH DO YOU PAY EACH YEAR FOR CROP
TREATMENTS? THURSDAY ON AGDAY FIND OUT HOW WATER -WITH A
CERTAIN TREATMENT -COULD REPLACE FUNGICIDES ON SOME CROPS.
WHAT'S THIS MAGICAL MIX? WATCH US WEEKDAYS HERE ON AGDAY.

 

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