AgDay Daily Recap -December 1, 2016

December 1, 2016 12:57 AM
 
AgDay

TODAY ON AGDAY
DECEMBER 1, 2016


HEADLINES
COMING UP TODAY ON AGDAY - WHAT ARE THE EXPERTS WATCHING AS WARNING  SIGNS FOR THE U.S. FARM ECONOMY. PLUS, COTTON MAY BE THE LAST MAJOR  CROP OUT OF THE FIELD. IN AGRIBUSINESS...WHERE IS THE SPEC MONEY GOING? EVERYBODY IS SET UP ONE WAY WE MIGHT WANT TO ZIG A LITTLE BIT. ARE  IMPORTS DRIVING CATTLE PRICES LOWER? AND FINDING HEALTHY ALTERNATIVES  THIS HOLIDAY SEASON. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.

USDA REVISING NET FARM INCOME FORECAST
GOOD MORNING I'M CLINTON GRIFFITHS. AS THE YEAR ENTERS IT'S FINAL MONTH, USDA REVISING IT'S FORECAST FOR NET  FARM INCOME IN 2016, IT EXPECTS A THIRD STRAIGHT YEAR OF DECLINES FOLLOWING THOSE RECORD  HIGHS IN 2013. HERE'S HOW THE NUMBERS HAVE LOOKED SINCE 2000. THE RED LINE IS NET FARM INCOME, THE YELLOW NET CASH FARM INCOME. IN 2016, NET FARM INCOME IS FORECAST AT NEARLY 67 BILLION DOLLARS. (66.9). THAT'S DOWN MORE THAN 17 PERCENT FROM A YEAR AGO, AND A 30 PERCENT  DROP IN THE LAST TWO YEARS. THESE LOWER INCOMES ARE DRIVEN BY FALLING COMMODITY PRICES. THAT'S ALSO EXPECTED TO FORCE AN INCREASE IN FARM PROGRAM PAYMENTS. THOSE ARE FORECAST AT NEARLY 13 BILLION DOLLARS IN 2016 UP NEARLY 20  PERCETN FROM A YEAR AGO. THE HEALTH OF THE FARM ECONOMY WAS THE PRIMARY FOCUS OF THIS  GATHERING TUESDAY AT THE FEDERAL RESERVE BANK OF CHICAGO. BANKERS, ECONOMISTS AND INDUSTRY EXPERTS WERE ON HAND TO TRY AND  GET A HANDLE ON JUST WHERE THE ECONOMY SITS AND WHAT INDICATORS  MIGHT BE WARNING SIGNS OF TROUBLE TO COME. A COUPLE THINGS THAT I'M PAYING ATTENTION TO. ONE IS THE AMOUNT OF OR THE NUMBER OF LOANS OR  THE PROPORTION OF LOANS WHERE THE COLLATERAL THAT WE'VE USED TO SECURE THAT NOTE IS THE LAND OF  THE FARM ITSELF. AND THAT TOOK A VERY SIGNIFICANT UPTICK IN 2016 AND THAT KIND OF CONCERNS ME.  WHEN YOU START FALLING BACK ON THE LAND IF I'M USING THE LAND AS MY REASON FOR GETTING THE LOAN  THEN IT'S NOT BECAUSE I HAVE A GREAT BUSINESS PLAN TO BACK IT UP ITS BECAUSE I'VE GOT THIS  ASSET BASE OVER HERE I'M TRYING TO FALL BACK ON. YOUNG ALSO SAYS HE'LL BE WATCHING FSA LOANS IN THE FIRST QUARTER OF  2017 TO SEE IF THERE'S AN UP-TICK IN DEFAULTS. IF SO, HE SAYS THAT'S ANOTHER GOOD INDICATOR THAT THERE ARE GROWING  CONCERNS. MEANWHILE FARM CREDIT OFFICIALS WERE IN WASHINGTON BRIEFING THE  HOUSE AND SENATE AG COMMITTEES ON CREDIT CONDITIONS IN RURAL  AMERICA. THE PRESENTERS SAY SOME OF THEIR PRODUCERS ARE IN THEIR THIRD YEAR  OF LOWER COMMODITY PRICES WHILE OTHERS ARE FACING YEAR FOUR. CUSTOMERS ARE CUTTING COSTS AND PROFITS ARE BEING SQUEEZED. BUT THEY SAY LAND PRICES ARE HOLDING STEADY IN MANY PARTS OF THE  COUNTRY AND THAT'S HELPING STEADY BALANCE SHEETS. THEY STRESSED COMMUNICATION WITH LENDERS AS THE KEY TO WEATHERING  FINANCIAL CHALLENGES.

FINAL CROP PROGRESS REPORT
THE FINAL NATIONAL CROP PROGRESS REPORT OF THE YEAR CAME-OUT THIS  WEEK AND IT SHOWS COTTON WILL BE THE LAST MAJOR CROP OUT OF THE FIELD. NATIONALLY 77-PERCENT IS HARVESTED. THAT'S SEVEN POINTS BEHIND. COTTON FARMERS IN TEXAS ARE STILL TRYING TO PLAY CATCH UP WITH 62- PERCENT CUT. THAT'S 14 POINTS BEHIND. 86 PERCENT OF SOUTH CAROLINA'S COTTON CROP IS HARVESTED, AHEAD OF  THE 5-YEAR AVERAGE.  GROWERS SAY THANKFULLY THEY HAD DRY HARVEST WEATHER AFTER  HURRICANE MATTHEW THIS SEASON, OPPOSED TO LAST YEAR WHEN RAINS  DUMPED ON THE AREA UNTIL CHRISTMAS.  NEAL BAXLEY COMPLETED COTTON HARVEST THIS WEEK IN MARION COUNTY,  SOUTH CAROLINA. HE SAYS THE HURRICANE IS STILL LEAVING ITS MARK,  CUTTING YIELD AND IN SOME CASES, DESTROYING THE COTTON CROP.  THE COTTON YIELD IS VARIABLE DEPENDING IF IT WAS DEFOLIATED PRIOR TO THE STORM OR NOT.  IT'S ANYWHERE FROM 0 TO 800 POUNDS. WE'RE PROBABLY GOING TO GET HALF OF A CROP FOR WHAT WE  EXPECT. WE EXPECT A 900 POUND DRYLAND CROP AND WE PROBABLY WON'T GET THAT.> COTTON WAS PROBABLY THE MOST IMPACTED CROP HERE. PEOPLE HAD COTTON DEFOLIATED  WHEN THE STORM HIT. WENT FROM PICKING TWO BALES TO THE ACRES TO TWO HUNDRED POUNDS, THREE  HUNDRED. IT WAS TRAGIC. 50 I'D SAY COTTON FARMERS LOST MORE THAN HALF OF YIELD. ADD QUALITY IN  THERE TOO.WHILE MOST COTTON IS OUT OF THE GROUND, THERE ARE SOME FIELDS IN  MARION COUNTY LIKE THIS, SHOWING LOSSES. 

CROP COMMENTS
"CROP COMMENTS IS POWERED BY RESICORE HERBICIDE FOR CORN, FROM  DOW AGROSCIENCES."  MIKE HOFFMAN JOINS US NOW WITH SOME CROP COMMENTS AND A LOOK AT  FIELDS ACROSS THE COUNTRY. GOOD MORNING MIKE.  GOOD MORNING, CLINTON.  IN MARION COUNTY, SOUTH CAROLINA, HERE'S A PICTURE OF A 40 ACRE UNHARVESTED PEANUT FIELD IN THE AREA  WHICH IS A COMPLETE LOSS. THAT'S DUE TO THE IMPACT OF HURRICANE  MATTHEW. THE FARMER SAYS THE CROP WAS MATURE WHEN THE RAINS CAME.  HE WASN'T ABLE TO DIG AT A TIMELY MATTER.  AND DWIGHT SMITH OF DEUEL COUNTY, NEBRASKA SENT A PICTURE OF WINTER  WHEAT. HE SAYS THE AREA EXPERIENCED GOOD MOISTURE DURING PLANTING.  HOWEVER, THINGS ARE GETTING DRY NOW. THE U.S. DROUGHT MONITOR SAYS  NEARLY 44 PERCENT OF NEBRASKA IS ABNORMALLY DRY. ALMOST ELEVEN  PERCENT IS IN A MODERATE DROUGHT. USDA SAYS 53 PERCENT OF HTE WINTER WHEAT CROP IN NEBRASKA IS RATED  GOOD TO EXCELLENT. AND TAKING A LOOK AT THE WEATHER MAP THIS MORNING  A LINGERING SYSTEM IN THE GREAT LAKES AND THE NORTH EAST AND ANOTHER  ONE DIGGING INTO THE WEST I'LL LET YOU KNOW WHATS GOING TO HAPPEN  OVER THE NEXT COUOPLE OF DAYS BUT NOW HERE'S SOME HOMETOWN TEMPS.

TEASE
WHEN WE COME BACK WE'LL TAKE A LOOK AT MARKETS AND FIND OUT WHERE  THE SPECULATORS ARE PUTTING THEIR BETS. AND LATER, WE'LL ASK WHERE CATTLE IMPORTS ARE DRIVING DOWN CATTLE  PRICES.PLUS.... "I'M CHARLES DENNEY. STAYING HEALTHY THROUGH THE HOLIDAYS BOTH WITH  GOOD FOOD CHOICES AND BEING ACTIVE. IT'S PART OF TENNESSEE 4H PROGRAM  FOR FAMILIES. THAT STORY FROM CHESTER COUNTY TENNESSEE COMING UP ON  AGDAY." ENTER FOR YOUR CHANCE TO WIN TWO REGISTRATIONS TO THE TOP  PRODUCER SEMINAR - JANUARY 24TH THROUGH THE 27TH IN CHICAGO.   PACKAGE INCLUDES A THREE-NIGHT HOTEL STAY, PLUS A TWO-HUNDRED DOLLAR  VISA GIFT CARD!  GO TO TOPPRODUCERSEMINAR.COM/SWEEPSTAKES.  

FLOOR OF THE CME
AGRIBUSINESS TODAY, BROUGHT TO YOU BY YAMAHA - MAKERS OF VIKING SIDE- BY-SIDES.  YAMAHA - REAL WORLD TOUGH.IN AGRIBUSINESS A MIXED DAY FOR COMMODITIES. LETS SEE WHERE THINGS  STOOD AT WEDNESDAY'S CLOSE--WE HEAD TO THE FLOOR OF THE CME IN  CHICAGO FOR DETAILS. WEDNESDAY'S GRAINS ARE VERY VERY STRANGE. THE ONLY THING I CAN REALLY  SAY IT'S BEEN ONE WILD DAY IN THE GRAIN SPACE HERE. WE SAW OVERNIGHT  SOYBEANS HAD A BIG RANGE AND THEN WERE MUCH HIGHER THIS MORNING AND  NOW I'VE SOLD OFF AND THEIR WHIPPING AROUND BUT I THINK YOU'RE REALLY  GONNA SEE THAT 10.20 TO 10.70 RANGE RIGHT NOW, I THINK IT REALLY DEPENDS,  I'D LIKE TO SEE THE ACTION HERE AS WE COME BACK DOWN TO TEN TWENTY. I  THINK THAT'S IMPORTANT LEVEL TO HOLD. IF WE CAN HOLD ABOVE THAT THIS  WILL JUST BE A FALSE BREAKOUT WILL CONTINUE DOWN WEDNESDAY'S  LIVESTOCK AND OF COURSE I GUESS THERE IS NO END IN THE RALLY HERE IN  THE LIVESTOCK MARKETS. WE CONTINUE TO SEE THEM PUSH HIGHER WITH ONE  LITTLE BIT OF A SELLOFF YESTERDAY BUT OVERALL HERE WE ARE PUSHING UP  AGAIN. I'M LOOKING AT THIS AS A A LITTLE BIT TOO MUCH OF THE EXTENDED  RALLY RIGHT NOW. I THINK WE LOOK AT FEBRUARY FATS WE WE NEED TO SEE  THAT COME BACK DOWN TO PROBABLY THE 108 TO 106 LEVEL IN THAT AREA TO BE  FRESH BUYERS AGAIN I DO SEE THAT SELL OFF COMING ALTHOUGH RIGHT NOW  THEY ARE STRONG AND ARE GOING HIGHER. FEEDERS - I THINK YOU GOTTA LOOK  FOR 120,121 - THAT'S A PRETTY BIG MOVER AMERICANS THEY WERE UP IN THE  MID 127, YOU GOTTA SEE A PULL BACK HERE AGAIN TO BUILD SOME STRENGTH. .  THIS IS TODD BUBBA HORWITZ DOT COM COMING TO YOU FROM THE FLOOR OF  THE CME GROUP IN CHICAGO.

AGRIBUSINESS
JOHN PAYNE, DANIELS MARKETING OUR GUEST HERE TODAY AT THE  AGRIBUSINESS DESK. JOHN, LET'S TALK ABOUT THE SPECULATORS ARE DOING IN  THE COMMODITY MARKETS RIGHT NOW. DOES THAT TELL US ANYTHING ABOUT  WHAT DIRECTION WE MIGHT SEE THINGS GO?WELL THEY'RE VERY FEW  INDICATORS SOME FUNDAMENTAL LIKE MYSELF LOOK AT AND I THINK ONE OF  THOSE WOULD BE AND HOW THE STORES AND SHOPPED AND OUT RIGHT NOW  YOU HAVE A LOT OF FOLKS FOR A LONG SOYBEANS, LONG COTTON, AND THEN ON  THE OTHER SIDE SHORT WHEAT, SHORT CORN, SO POST TRUMP HERE, WE  THOUGHT MAYBE WE'D SEE WITH THE DOLLAR SURGING, YOU SEE THOSE TWO  MARKETS AND SLOWING THE COTTON VERY HEAVILY EXPORTED PULLBACK.  WE'VE SEEN THE CONTRARY. THE SPEC MONEY CONTINUES TO BE AND WE SIT  RECORD LONG ON COTTON HERE, ABOUT EIGHTY THOUSAND CONTRACTS ON  THE NET SPECULATIVE REPORTS THAT COME OUT EVERY FRIDAY. WE'RE STILL SIT  AROUND THAT LEVEL. SO FOR SOMEBODY WHERE WE SIT, THIS IS A TIME WHERE YOU MIGHT WANT TO GO ON DO SOME MARKETING OR USE THAT KIND OF  INDICATOR AND SAY OK, EVERYBODY IS SET UP ONE WAY WE MIGHT WANT TO ZIG A LITTLE BIT. SO FOR SOYBEANS AND CORN AND COTTON, THAT WOULD BE THE  SHORT SIDE. IN WHEAT AND CORN, THAT WOULD BE TO THE LONG SIDE NOW. THE  PROBLEM WITH THE WHEAT AND CORN STORY IS THE SUPPLIES DON'T REALLY  SUPPORT IT AND NOR DOES THE CASH MARKET. WE COULD BE WAITING AWHILE  FOR THE MARKET RALLY BUT WE THINK WE'RE JUST WAITING ON THE STORY AND  IF THE STORY WOULD DEVELOP, THE FUEL IS THERE AND I THINK THAT'S  SOMETHING I WANT TO TOUCH ON. THAT THE MARKET IS GOING TO GO THAT WAY.  IT'S JUST I THINK THE FUEL WAS THERE THAT IF WE HAD A PROBLEM IN CORN,  MAYBE THE MARKET'S LOOKING IN ONE FIFTY FIVE YIELD MID SUMMER HERE, WE  COULD SEE ENOUGH SPEC BUYING JUST TO GET LONG AND COVER THE SHORTS  TO PUSH PRICE WELL ABOVE FOUR DOLLARS. AND WE KIND OF SAW SOME OF  THAT THIS SUMMER, RIGHT? YOU'RE KIND OF SAYING,  HEY MAYBE WE SHOULD  LEARN SOMETHING? RIGHT AND I WOULD JUST LOOK AT IT LIKE A FLAT MARKET.   THE MARKET IS QUIET RIGHT NOW A SECOND GIVE YOU A LOT OF LOT OF PROFIT  MARGIN, A LOT OF OPPORTUNITY. BUT WHEN THE WAVES START TO TURN, AND  THIS IS WHERE IT GETS HARD, WE SAT HERE ALL SUMMER AND TALKED ABOUT IT  LAST YEAR ABOUT WHERE WE'D GO,  WE WERE UP IN A PLUS 4.40 FOR ALL THREE  OF FOUR DAYS AND THEN WE WERE SUB FOUR HOURS. SO WHEN THOSE RUNS  COME, WE'LL GET AN INDICATOR LIKE THAT THE COT REPORTS PROVIDE  THROUGH MANAGED MONEY, WHEN THE WHEN THE SPEC MONEY IS LONG,  MAYBE IT'S A GOOD TIME TO HEDGE. AND RIGHT NOW, SOYBEANS ARE IN THAT  CATEGORY. ALRIGHT, THANKS FOR JOINING US. WE'LL BE BACK WITH MORE  AGDAY IN A MOMENT.  TO FOLLOW JOHN PAYNE'S TAKE ON THE MARKET,  CHECK OUT THISWEEKINGRAIN.COM.  AGDAY - BROUGHT TO YOU BY FARMER'S EDGE.  FOR THE LATEST IN MAKING SENSE OF YOUR DATA - VISIT GROWYOURRETURNS.COM.  

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY CORVUS PRE-EMERGENCE CORN HERBICIDE FROM BAYER.  THE  ONLY HERBICIDE TO OFFER THREE LEVELS OF DEFENSE AGAINST WEEDS - BURNDOWN, RESIDUAL AND  REACTIVATION WITH RAIN..  WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN. MIKE  THE MAP'S KINDA CLEARED OUT HERE A LITTLE BIT HERE TODAY BUT STILL COOL  AIR AROUND. YEA. FAIRLY COLD AIR BUT NOTHING ATYPICAL FOR THIS TIME OF  THE YEAR, LINGERING SYSTEM IN THE NORTHEAST AND THE GREAT LAKES  CAUSING SOME RAIN AND SNOW. AND THAT SYSTEM WILL SLOWLY MOVE OFF TO  THE EAST AS YOU CAN SEE, BUT STILL SOME LINGERING LAKE EFFECT RAIN AND  SNOW SHOWERS ACROSS THE GREAT LAKES. MOST OF THAT SNOW WILL COME  TO AN END EXCEPT FOR FAR NORTHERN MAINE BY LATER IN THE DAY. NOW THIS  SYSTEM IS A WEAK ONE AT THIS POINT IT'S DIVING OFF TO THE SOUTHEAST.  EVENTUALLY IT IS GOING TO COME EASTWARD THOUGH AS WE HEAD TOWARD  THE WEEKEND. AND AGAIN SEE ANOTHER SYSTEM LINGERING OFF THE WEST  COAST. THAT'S GOING TO BRING SOME DECENT RAINS AND MOUNTAIN SNOWS  OUT THERE AS WE HEAD THROUGH THE NEXT COUPLE. SO BY TOMORROW  MORNING THE HIGH PRESSURE INTO THE SOUTHEAST BRINGING COOL DRY  CONDITIONS OF COURSE AT LEAST THE SOUTHEAST GOT A START ON GETTING  RID OF THE DROUGHT OVER THE PAST THREE DAYS OR SO. SOME AREAS  GETTING A FEW INCHES OF RAIN AND MOST AREAS GETTING SOME AT LEAST. SO  THAT WAS SOME GOOD NEWS. SO SOME LINGERING FLURRIES AND SPRINKLES  ACROSS THE GREAT LAKES IS WE START THE DAY TOMORROW. AND THEN YOU  CAN SEE THE SYSTEM BEEN DIVING ACROSS NEW MEXICO INTO THE TEXAS  START TO DRAW-UP SOME GULF MOISTURE IN THE TEXAS PRODUCING SOME  AREAS OF RAIN THERE AS WELL. AND THE RAIN AND SNOW STARTING TO COME  INTO THE PACIFIC NORTHWEST. TAKING A LOOK AT THE PRECIPITATION ESTIMATE  OVER THE PAST TWENTY FOUR HOURS YOU CAN SEE ONE TO TWO INCH  AMOUNTS FOR PARTS OF GEORGIA AND ALABAMA ON INTO THE EASTERN PARTS  OF THE TENNESSEE AND THE WESTERN CAROLINAS SO THAT WAS A VERY GOOD  NEWS FOR THE SOUTHEAST AND THE RAIN NO YOU DIDN'T NECESSARILY IT IN  THE NORTHEAST BUT SOME AREAS ARE A LITTLE BIT ON THE DRY SIDE THERE.  JUST LIGHT STUFF THOUGH ACROSS THE MIDDLE OF THE COUNTRY AND INTO  THE NORTHWEST. ADDING ON THE NEXT THIRTY SIX HOURS YOU CAN SEE WE'LL  ADD A LITTLE BIT THE NORTHEAST A LITTLE BIT THE NORTHWEST AND WE START  TO ADD SOME IN TEXAS TAKING A LOOK AT SNOWFALL IT'S MAINLY THE  NORTHEASTERN AND NORTHERN ROCKIES OVER THE NEXT THIRTY SIX HOURS.  GOING TO END UP WITH A FAIR AMOUNT IN THE NORTHERN HALF OF MAINE OUT OF THE SYSTEM. VARIABLY CLOUDY IN RATHER COLD HIGH OF THIRTY EIGHT. AND FINALLY GREENFIELD MASSACHUSETTS PARTLY TO MOSTLY CLOUDY TURNING CHILLIER HIGH FIFTY TWO AND WE'RE GOING TO  SEE SOME ACCUMULATING SNOW IN THE HIGHER ELEVATIONS OF THE FOUR  CORNER REGION AS COLDER AIR CONTINUES TO COME IN THERE. HIGH TEMPS  TODAY LOOK IN THE EIGHTIES THEY'VE BEEN SHOVED ALL THE WAY INTO THE  SOUTHERN HALF OF FLORIDA FOR THE FIRST TIME THAT I'VE SEEN THIS YEAR.  YOU CAN SEE MOSTLY FIFTIES AND SIXTIES SOUTHERN TIER STATES, TWENTIES  AND THIRTIES UP NORTH, LOW TEMPS TONIGHT SOME TEENS AND TWENTIES FOR  MOST OF THE NORTHERN HALF OF THE ROCKIES AND INTO THE NORTHERN  PLAINS EVEN 30S INTO PARTS OF THE SOUTHEAST, SO THAT IS SOME CHILLY AIR  FOR YOU FOLKS. WE'RE GOING TO STAY ON THE COOL SIDE SOUTHEAST, AND  CHILLY SIDE ACROSS THE NORTHERN TIER OF STATES TOMORROW AFTERNOON.  THERE'S THE JET STREAM, THERE'S THAT SLOW MOVING STORM SYSTEM MOVING  AWAY WE HAVE ANOTHER A CUT OFF TRIES TO FORM IN THE SOUTHWEST AND  LOOK AT THAT  TROUGH RIGHT THERE. THAT WILL BE SOME VERY COLD AIR  COMING INTO THE WEST AND THEN THAT'LL BE MOVING INTO THE MIDDLE OF THE  COUNTRY BY THE MIDDLE OF NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY  NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. CASPER WYOMING FIRST  OF ALL COLDER TODAY WITH TIMES OF SUN AND CLOUDS HIGH OF THIRTY TWO  DEGREES. FORT DODGE IOWA VARIABLY CLOUDY IN RATHER COLD HIGH OF  THIRTY EIGHT. AND FINALLY GREENFIELD MASSACHUSETTS PARTLY TO MOSTLY  CLOUDY TURNING CHILLIER HIGH FIFTY TWO AND FALLING. ARE IMPORTS THE DRIVING FACTOR BEHIND LOWER CATTLE PRICES. WE'LL LOOK AT THE LATEST DATA FROM USDA COMING UP NEXT. NOW'S THE TIME OF YEAR WHEN YOU MAY WANT TO SKIP LOOKING AT THE SCALE.  LATER WE'LL SHOW YOU SOME HEALTHY OPTIONS THAT MAY HELP SPARE YOUR  WAISTLINE THIS HOLIDAY SEASON.

DROVERS TV
DROVERS TV IS BROUGHT TO YOU BY MERCK ANIMAL HEALTH - THE MAKERS OF ZUPREVO.  TALK TO  YOUR  VETERINARIAN ABOUT ZUPREVO, FOR THE TREATMENT OF BOVINE RESPIRATORY DISEASE.   ) AS CATTLE MARKETS DECLINED THIS FALL, SOME PRODUCERS HAVE POINTED TO  BEEF IMPORTS AS THE CULPRIT.  BUT OUR REPORTING PARTNERS AT DROVERS T-V SAY THEY'VE LOOKED AT THE  DATA.  THEY SAY THERE'S NO CLEAR EVIDENCE THAT BEEF IMPORTS ARE RESPONSIBLE  FOR THE INCREASE IN BEEF SUPPLIES OR THE PRICE COLLAPSE THIS FALL. " USDA DATA FOR BOTH BEEF AND LIVE CATTLE IMPORTS SHOW DECLINE DURING 2016. THROUGH  SEPTEMBER, BEEF IMPORTS WERE DOWN 11% COMPARED TO 2015, AND ANOTHER 12% DECLINE IS  EXPECTED NEXT YEAR. AND THROUGH SEPTEMBER, LIVE CATTLE IMPORTS ARE DOWN 18% COMPARED TO  2015. TO CAUSE THE DRAMATIC DECLINE IN CATTLE MARKETS THAT WE SAW THIS YEAR, WE WOULD HAVE  NEEDED A CATASTROPHIC INCREASE IN IMPORTED BEEF, THE OPPOSITE OF WHAT THE DATA SHOWS."> HENDERSON SAYS THE SUPPLY INCREASES THAT HAVE PULLED MARKETS LOWER  ARE FROM A COMBINATION OF INCREASING BEEF, PORK AND POULTRY SUPPLIES. YOU CAN READ MORE OF GREG'S ANALYSIS AT AGWEB-DOT-COM, CLICK ON THE  DROVERS TAB. IN CANADA, THOUSANDS OF MORE CATTLE ARE BOOKED FOR CULLING AMID A  BOVINE TUBERCULOSIS OUTBREAK IN ALBERTA. THE CANADIAN FOOD INSPECTION AGENCY ANNOUNCED THIS WEEK ITS UPPING  ITS EXPOSED SITES FROM SIX TO NOW ADULT CATTLE AND CALVES AT 18  LOCATIONS. THE TOTAL SIZE OF THE IMPACTED HERD IS NOW ROUGHLY 10,000 HEAD OF  CATTLE, WHICH EITHER HAVE BEEN OR WILL BE DESTROYED. THE INVESTIGATION STARTED AFTER THE USDA DISCOVERED BOVINE TB IN A  COW FROM ALBERTA AT A U.S. PACKING PLANT. ALSO FROM DROVERS T-V, MCDONALD'S IS EXPANDING ITS USE OF FRESH BEEF  OVER FROZEN PATTIES.  THE PUSH IS PART OF A CORPORATE EFFORT TO  REVITALIZE THE CHAIN.  ITS MARKET SHARE HAS BEEN DWINDLING DUE TO  STRONG COMPETITION FROM FAST-CASUAL EATERIES. ACCORDING TO DROVERS, MCDONALDS IS NOW SERVING FRESH BEEF BURGERS AT  75 OF THEIR RESTAURANTS AROUND TULSA, OKLAHOMA.  TRIALS BEGAN IN  DALLAS-FORT WORTH. ANALYSTS SAY IF MCDONALDS WERE TO TAKE THE TEST NATIONWIDE, IT WOULD  NOT BE AN EASY, NOR CHEAP, DECISION. FOR MANY PEOPLE, THE HOLIDAYS CAN BE TOUGH TIME TO STAY HEALTHY WITH  SO MANY SNACKS AND TREATS AVAILABLE. NEXT, WE'LL SHOW YOU HOW KIDS ARE LEARNING HEALTHIER ALTERNATIVES. ENTER FOR YOUR CHANCE TO WIN TWO REGISTRATIONS TO THE TOP PRODUCER SEMINAR - JANUARY  24TH THROUGH THE 27TH IN CHICAGO.  PACKAGE INCLUDES A THREE-NIGHT HOTEL STAY, PLUS A TWO- HUNDRED DOLLAR VISA GIFT CARD!  GO TO TOPPRODUCERSEMINAR.COM/SWEEPSTAKES. 

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. ) WE INDULGE IN A LOT OF TASTY FOODS DURING THE HOLIDAYS, BUT SOME OF  THOSE CHRISTMAS TREATS AREN'T EXACTLY THE HEALTHIEST THINGS TO EAT.  IN THIS REPORT PROVIDED BY THE UNIVERSITY OF TENNESSEE,  CHARLES  DENNEY SHOWS US A PROGRAM WHERE KIDS AND THEIR PARENTS CAN LEARN  SOME HEALTHY ALTERNATIVES THAT ARE JUST AS SWEET. "SO OUR APPLES ARE ALREADY WASHED." HOLIDAY SWEETS MINUS THE SUGAR AND CALORIES.   MADELINE RUDDER, A 17-YEAR-OLD 4-HER IN CHESTER COUNTY, IS LEADING A COOKING CLASS. BUT  HERE IT'S MORE ABOUT SLICING AND STIRRING AS OPPOSED TO BAKING. THESE 4-HERS ARE MIXING  TOGETHER AN APPLE CRANBERRY FRUIT SALAD – SOMETHING DIFFERENT COMPARED TO YOUR TYPICAL  HOLIDAY FOODS. MADELINE RUDDER:  "A LOT OF TIME YOU'RE GOING TO EAT A LOT OF JUNK FOOD, A LOT OF  TURKEY, A LOT OF HAM, A LOT OF MACARONI AND CHEESE, A LOT OF STARCHY STUFF. BUT THIS IS FRUIT, THIS  IS GOOD FOR YOU, AND IF YOU CAN FIND A WAY TO MAKE KIDS WANT TO EAT THE FRUIT DURING THE  HOLIDAYS, IT'S REALLY GOOD." EVERYONE IN THE CLASS TODAY, KIDS AND ADULTS, ARE PART OF 4-H FOOD  SMART FAMILIES. SMART BEING THE KEY WORD. EVAN AT A YOUNG AGE, CHILDREN KNOW WHAT'S GOOD  FOR YOU. LILLIE RICHERSON: "WELL, YOU GET TO MAKE IT YOURSELF SO YOU KNOW WHAT'S IN IT. AND IT'S FUN TO COOK." IT'S TO TEACH HEALTHY LIVING, BUT ALSO TO BRING CHILDREN AND PARENTS TOGETHER IN A  GREAT MEETING PLACE, THE KITCHEN. PARENTS LIKE THE PRACTICAL SKILLS THEIR KIDS LEARN HERE.  MELINDA RUDDER: "CHILDREN NEED TO KNOW, THEY NEED TO GROW UP UNDERSTANDING HOW TO FIX  HEALTHY MEALS AND BE IN THE KITCHEN, AND UNDERSTAND HOW TO USE THE DIFFERENT UTENSILS."  CHARLES DENNEY: "THERE ARE THREE "F'S" HERE. OBVIOUSLY FOOD, AND THE OTHER TWO ARE FUN AND  FITNESS. UT EXTENSION LEADERS ENCOURAGE HEALTHY EATING, ALONG WITH EXERCISE FOR THE WHOLE  FAMILY. AND THE HOLIDAYS ARE A TIME WHEN WE MIGHT SLACK OFF ON BEING ACTIVE." "HAVE AN APPLE  INSTEAD OF COOKIES TODAY FOR A HEALTHY SNACK, OR MAYBE PLAY OUTSIDE FOR FIFTEEN EXTRA MINUTES  INSTEAD OF WATCHING A MOVIE FOR FIFTEEN EXTRA MINUTES." REBECCA SERATT WITH UT EXTENSION IN  CHESTER COUNTY SAYS IN THIS SIX WEEK CURRICULUM KIDS AND ADULTS ALSO MIX PARFAITS, SAMPLE  FLAVORED WATER, AND LEARN ABOUT AGRICULTURE AND WHERE FOOD COMES FROM. "THAT IS THE IDEA  BEHIND FOOD SMART FAMILIES IS JUST BRINGING SPECIFICALLY YOUTH, WE WANT THEM TO BE MORE  KNOWLEDGEABLE ABOUT THEIR HEALTH, TAKE MATTERS INTO THEIR OWN HANDS. BUT WHEN THEY GO  HOME AT THE END OF THE DAY THEY CAN SHARE WHAT THEY'VE LEANED WITH MOM, DAD, LITTLE BROTHER,  LITTLE SISTER, THAT KIND OF THING." WHEN THE LESSON COMES TO A CLOSE, IT'S TIME TO CONSUME WHAT  WE'VE CREATED. THIS PROGRAM TEACHES THE CHRISTMAS SEASON CAN TASTE SWEET AND STILL BE  GOOD FOR US. AND YOU CAN ALSO TOSS IN A LITTLE FAMILY TOGETHERNESS TOO. THIS IS CHARLES DENNEY  REPORTING.

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

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