AgDay Daily Recap - July 24, 2018

July 24, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
JULY 24, 2018

HEADLINES

AS TARIFFS CUT INTO TRADE - PROTEIN PILES-UP IN STORAGE. NEW URGENCY TO FINISH NAFTA. THE TREASURER DEFENDS U-S TRADE POLICY. IN AGRIBUSINESS - POLITICS AND MARKETS. AND DEALING WITH DESPRESSION ON THE FARM. AGDAY - BROUGHT TO YOU BY THE CHEVY SILVERADO, THE MOST DEPENDABLE, LONGEST-LASTING FULL SIZE PICKUPS ON THE ROAD.

U.S. MEAT STOCKPILES
GOOD MORNING I'M CLINTON GRIFFITHS. GROWING INVENTORIES OF PORK, BEEF AND POULTRY HAVE BEEN KEPT IN  CHECK THANKS TO STRONG EXPORT DEMAND. NOW IT APPEARS, U.S. MEAT STOCKPILES ARE SURGING AS TARIFFS EAT INTO  EXPORTS.  THE LATEST COLD STORAGE NUMBERS SHOWING SUPPLIES OF RED MEAT ( 1.062  BILLION POUNDS) IN COLD STORAGE THIS JUNE WERE UP 5 PERCENT COMPARED TO A  YEAR AGO. BEEF IS UP 8 PERCENT, FROZEN PORK WAS ONLY UP SLIGHTLY FROM LAST YEAR  BUT STOCKS OF PORK BELLIES UP 130 PERCENT FROM LAST YEAR. POULTRY STOCKS (1.455 BILLION POUNDS) CLIMBING 6 PERCENT WITH CHICKEN UP 10. FEDERAL DATA SHOWING A RECORD LEVEL OF BEEF, PORK, POULTRY AND TURKEY BEING STOCKPILED WITH TOTAL MEAT PRODUCTION NOW ABOVE 2.5  BILLION POUNDS. ANALYSTS SAY U.S. CONSUMERS' APPETITE FOR MEAT IS GROWING, BUT NOT  FAST ENOUGH TO KEEP UP WITH RECORD PRODUCTION OF HOGS AND CHICKENS. TWO OF THE U.S. BIGGEST CUSTOMERS OF MEAT AND LIVESTOCK ARE CANADA  AND MEXICO. 

NAFTA 2.0 TALKS
BUT TRADE NEGOTIATIONS AND NEWLY IMPOSED TARIFFS ARE HANGING OVER  THE MARKET. FORMAL NAFTA TALKS BETWEEN THE NATIONS ARE SET TO RESUME THIS WEEK. MEXICAN OFFICIALS SAY THEY AND U.S. NEGOTIATORS HAVE AGREED TO SPEED  UP TALKS. ADDING THAT THE GOAL IS TO REACH A PRELIMINARY DEAL BY THE END OF  AUGUST. MEXICO'S NEWLY ELECTED PRESIDENT ECHOING THOSE SENTIMENTS. ANDRES MANUEL LOPEZ OBRADOR SENT PRESIDENT TRUMP A LETTER CALLING  FOR A SWIFT CONCLUSION TO NAFTA NEGOTIATIONS AND PLEDGING TO RESET  RELATIONS BETWEEN THE TWO COUNTRIES. PRESIDENT TRUMP LAST WEEK SAID THE U.S. MAY MAKE A SEPARATE TRADE  DEAL WITH MEXICO, THEN A DEAL WITH CANADA LATER.  INTERNATIONALLY, U.S. TREASURY SECRETARY STEVEN MNUCHIN AND U.S. TRADE POLICY  DOMINATING DISCUSSIONS AT A TWO-DAY G-20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS SUMMIT IN BUENOS AIRES. 

CHINESE TARIFFS
LAST WEEK, THE PRESIDENT THREATENING TO ESCALATE CHINESE TARIFFS TO  500 BILLION DOLLARS --ESSENTIALLY ALL IMPORTS FROM CHINA. SECRETARY MNUCHIN, SAYS THE ADMINISTRATION'S GOAL IS TO ACHIEVE A  "MORE BALANCED" TRADE RELATIONSHIP WITH CHINA, BY GETTING IT TO OPEN ITS ECONOMY AND PERMIT U.S. EXPORTS THERE TO INCREASE.  THE TREASURY SECRETARY POINTING TO SEVERAL SECTORS WHERE U.S. SALES  TO CHINA COULD RISE, INCLUDING ENERGY, AGRICULTURAL PRODUCTS AND  TECHNOLOGY. INTERNATIONAL MONETARY FUND MANAGING DIRECTOR CHRISTINE LAGARDE WARNING THAT A WAVE OF  TARIFFS COULD SIGNIFICANTLY HARM THE GLOBAL ECONOMY, LOWERING GROWTH BY ABOUT 0.5 PERCENT "IN  THE WORST-CASE SCENARIO." MNUCHIN DISAGREED.  "I LIKE CHRISTINE (CHRISTINE LAGARDE, INTERNATIONAL MONETARY FUND CHIEF) AND RESPECT HER  VIEWS BUT ON THIS ISSUE (THE EFFECTS OF US IMPOSED TRADE RESTRICTIONS) AS I'VE COMMENTED  ALREADY AND WE'RE MONITORING THIS CAREFULLY, I CAN ONLY COMMENT FOR THE US ECONOMY. I'M NOT COMMENTING ON ANYBODY ELSE. AS I'VE SAID BEFORE WE SEE SOME MICRO IMPACTS OF WHERE  PEOPLE OUR COUNTERPARTS HAVE TARGETED VERY, VERY SPECIFIC ITEMS AND SPECIFIC COMMUNITIES, BUT FROM A MACRO STANDPOINT WE DO NOT YET SEE ANY SIGNIFICANT IMPACT ON THE ECONOMY, BUT  WE'LL CONTINUE TO MONITOR IT." MNUCHIN SAYS THE TRUMP ADMINISTRATION WILL BE "LOOKING AT DIFFERENT  OPPORTUNITIES TO HELP THE FARMERS" AND PROVIDE ASSISTANCE TO OTHER  U.S. ECONOMIC SECTORS BEING "UNFAIRLY TARGETED" BY RETALIATORY TARIFFS  FROM OTHER NATIONS.  U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER IS SET TO TESTIFY THIS  THURSDAY BEFORE A SENATE SUBCOMMITTEE.  HE'S EXPECTED TO FIELD QUESTIONS ON TARIFFS AND TRADE NEGOTIATIONS...INCLUDING POTENTIAL IMPACTS TO FARMERS.ON WEDNESDAY THE PRESIDENT WILL HOST EU OFFICIALS TO DISCUSS OPTIONS  FOR A TRADE DEAL. JEAN-CLAUDE JUNCKER, PRESIDENT OF THE EUROPEAN COMMISSION, AND EU TRADE CHIEF CECILIA MALMSTROM, WILL BE ON HAND TO DISCUSS OPTIONS FOR  A TRADE DEAL.  TRUMP HAS SAID AUTOS WILL BE THE FOCUS OF THE TALKS.  

CROP PROGRESS
TRADE ISN'T THE ONLY THING MARKETS ARE CURRENTLY WATCHING. THE USDA ROLLING OUT IT'S LATEST CROP PROGRESS REPORT LATE MONDAY. THE U-S CORN CROP IS GETTING AN EARLY START TO THE DOUGH STAGE. 18- PERCENT OF THE CROP HAS REACHED THAT STAGE WHICH IS TEN POINTS AHEAD  OF AVERAGE. 81-PERCENT IS SILKING - 19 POINTS AHEAD AVERAGE. AND THE CONDITION IS UNCHANGED WITH 72-PERCENT GOOD TO EXCELLENT. TURNING TO SOYBEANS - THEY'RE ALSO ADVANCING QUICKLY AS 44-PERCENT  HARE SETTING PODS. THAT'S 21 POINTS AHEAD. AND SOYBEAN CONDITION RATING PUSHED ONE POINT HIGHER TO 70-PERCENT  GOOD TO EXCELLENT. USDA SAYS 94-PERCENT OF BARLEY HAS HEADED....WHICH IS NEAR AVERAGE. 81-PERCENT IS RATED GOOD TO EXCELLENT. IN CALIFORNIA, BARELY ACREAGE IS ON THE RISE ONCE AGAIN THANKS TO A  BOOMING CRAFT BREWING INDUSTRY. THIS AREA OF YOLO COUNTY WAS ONCE RECOGNIZED AROUND THE WORLD FOR  IT'S QUALITY GRAIN...NOW FARMERS ARE RETURNING TO THOSE HISTORIC  ROOTS THANKS TO DEVELOPING DEMAND FOR THE SPECIALTY GRAINS. "THIS PARTICULAR FIELD IS ACTUALLY ORGANIC. THERE'S A CERTAIN SECTOR OF THE MARKET THAT PREFERS  ORGANIC GRAINS AND I'M TRYING TO HELP WITH THAT. AND THERE'S ANOTHER SECTOR OF THE MARKET THAT'S  LOOKING FOR GRAINS PRODUCED IN A SUSTAINABLE MANNER AND THAT WOULD BE NO-TILL. SO SOME OF THE GENTLEMEN AND OTHER FARMERS I'M WORKING WITH ARE PRODUCING THIS CULTIVAR ORGANICALLY AND  THIS YEAR THINGS ARE TURNING OUT REALLY WELL HERE."CALIFORNIA IS ONE OF THE FEW STATES IN THE NATION TO INCREASE IT'S BARLEY PLANTED ACRES THIS YEAR...ADDING ABOUT 5 THOUSAND ACRES TO PRODUCTION...NOW AT 75-THOUSAND ACRES. 

CROP COMMENTS
MIKE HOFFMAN CONTINUES OUR LOOK AT CROP CONDITIONS.  HE HAS TODAY'S CROP COMMENTS. GOOD MORNING CLINTON. A FARMER FROM STUTSMAN COUNTY, NORTH DAKOTA SAYS CROPS ARE LOOKING  GREAT. CORN TASSELING, BEANS BLOOMING. THEY'LL NEED SOME TIMELY RAINS YET BUT GOOD YIELD POTENTIAL OUT THERE. IT'S FAR CRY FROM LAST YEAR'S  DROUGHT CONDITIONS. AND A 'NASS' CROP REPORTER FROM HALL COUNTY GEORGIA SAYS CORN   STANDS ARE  LOOKING  GOOD IN MOST  AREAS,  EXCEPT FOR AREAS  IMPACTED   BY FERAL  PIG POPULATIONS. AS OF LAST WEEK, 74-PERCENT OF GEORGIA'S CORN CROP WAS RATED GOOD TO  EXCELLENT. AND NOW HERE ARE YOUR HOMETOWN TEMPS. 

FARMER SUICIDES
A COUPLE OF WEEKS AGO, THE CENTERS FOR DISEASE CONTROL PUBLISHED A  STUDY THAT SAID FARMERS HAVE HIGHEST SUICIDE RATE OF ANY PROFESSION. IT TURNS OUT--THAT'S NOT QUITE TRUE...THE AGENCY MADE A MATHEMATICAL ERROR IN ITS CALCULATION. HOWEVER, THE NUMBERS ARE STILL HIGH AND FARMER SUICIDES ARE A  GROWING CONCERN.  BETSY JIBBEN REPORTS.  THEU.S. DAIRY INDUSTRY IS STRUGGLING. PROFITS HAVE BEEN SUCKED OUT OF PRODUCERS OPERATIONS THE CAPACITY TO HANDLE MILK PROCESSING PLANTS IS LIMITED. LOW PRICES ARE WORLD WIDE. THAT'S JUST ONE OF THE FACTORS WHY DAIRY FARMERS ARE LEAVING THE BUSINESS. IN WISCONSIN DAIRY FARMERS ARE EXITING AT A RATE OF 30 PERCENT HIGHER THAN LAST YEAR. FROM JANUARY TO JUNE 338 BARROOMS STOP MILKING. THE NORTHEAST IS FACING SIMILAR LOSSES WILL HAVE MEMBERS THAT ARE CANCELLING BECAUSE OF ECONOMICS ON THEIR OPERATION. DO I THINK IT'S GOING TO CONTINUE. YES BECAUSE OF THESE PROBLEMS AND OTHERS ALL ACROSS FARM COUNTRY THERE'S AN UPTICK IN FARMER SUICIDES. NEIGHBORS FRIENDS AND FAMILY ACKNOWLEDGING THE TRAUMA EVEN ONLINE. ONE FARMER POSTING THIS WEEKS AGO A PICTURE AND DESCRIPTION OF WHAT'S OCCURRING AFTER A FARMER ALLEGEDLY LED 300 COWS OUT OF THE BARN TORCHED THE PROPERTY AND DROVE INTO A SKID STEER. WE TALKED WITH TWO SPECIALISTS ABOUT SUICIDE RATES WITH FARMERS AND RURAL AMERICA. SUICIDE RATES ARE HIGHER IN RURAL AMERICA AND THAT WOULD INCLUDE FARMERS AND RANCHERS. AMONG THOSE FIGURES SO I THINK THE RATE IS ROUGHLY TWICE OR THREE TIMES HIGHER. SOME SAY IT MAY BE FOUR TIMES HIGHER. CANET SAYS IT'S HARD TO TALLY AN EXACT NUMBER OF DEATHS BY SUICIDE BECAUSE NOT ALL ARE REPORTED. SOME STATES DON'T EVEN PARTICIPATE IN CERTAIN GOVERNMENTAL PROGRAMS WHICH TRY TO NARROW DOWN THE NUMBER. WE DON'T KNOW HOW BIG THE PROBLEM IS. STUDIES SHOW DEPRESSION AS A MAIN CULPRIT. NINETY FIVE PERCENT OF AUTOPSIES SHOWING LOW SEROTONIN LEVELS WHICH REGULATES MOOD AND ASKED THESE ITEMS PILE UP YOU LOSE YOUR ABILITY TO COPE. SO THE STRESSORS ARE MORE AND THEN YOU'VE JUST LOST YOUR ABILITY TO COPE AND SUICIDE BECOMES AN OPTION. GAIL BRONSON SAYS THERE'S OFTEN A FEELING A BURDENSOME NESS AND THE THOUGHT OF BEING BURIED WITH LOSSES AND NOT ABLE TO CLIMB OUT OF THAT MAY LEAD TO SUICIDAL THOUGHTS. BUT ONE OF THE MAIN FACTORS IN SUICIDE IS US STACKING OF LOSSES. YOU HAVE A LOSS UPON LOSS UPON LOSS. ANOTHER REASON IS GENDER. MIDDLE AGE MEN HAVE VERY HIGH SUICIDE RATES THE HIGHEST RATES OF ALL AGE GROUPS. MEN ALSO WANT TO KEEP AND HOLD UP AN IMAGE WHEN THEY SEEK HELP. THEY TEND TO LOOK ONLINE. A FARMER IS VERY RELUCTANT TO GET HELP BECAUSE THEY'RE TAUGHT TO BE STRONG TO BE SELF-RELIANT. IT'S A SIGN OF THEY THINK IT'S A SIGN OF WEAKNESS TO GET HELP. REALLY IT'S A SIGN OF STRENGTH WHERE A FARMER LIVES IS A REASON AS WELL IN RURAL COMMUNITIES THEY HAVE HIGHER SUICIDE RATES IN GENERAL BECAUSE IT IS MORE DIFFICULT TO GET HELP. WHAT ARE SOME MISCONCEPTIONS ABOUT SUICIDE. ONE MISCONCEPTION IS IF WE TALK ABOUT IT WE WILL CAUSE IT TO HAPPEN SAY I'M TALKING WITH SOMEONE WHO WAS SUICIDAL. I'VE JUST SOLVED THE VERY FIRST PROBLEM FINDING SOMEONE TO TALK TO AS PROFITS CONTINUE TO SINK SPECIALIST STANDBY IN PERSON AND ENCOURAGE FARMERS TO REACH OUT AND EVEN HELP ONLINE. SO PROBLEMS DON'T ACCELERATE AND I WOULD JUST WANT TO ENCOURAGE PEOPLE TO UNDERSTAND THAT GETTING HELP IS A SIGN OF STRENGTH AND NOT SUFFER ALONE. THERE ARE PEOPLE WHO CARE AND AND WILL HELP YOU. REPORTING FOR AG DAY I'M BETSY JIBBEN. 

TEASE
WHEN WE COME BACK, WE'RE GOING TO TALK MARKETS AND POLITICS AT THE  AGRIBUSINESS DESK WITH MARK GOLD OF TOP THIRD. IN OUR DAIRY REPORT WE EXAMINE WHICH STATES ARE BOOSTING THEIR MILK  PRODUCTION. AND FIND OUT HOW THIS SCIENTIFIC ROVER CAN HELP YOU TAKE YOUR PLACE IN SPACE-HISTORY. 'TO INFINITY AND BEYOND' - LATER ON AGDAY. 

AGRIBUSINESS
MARK GOLD TOP THIRD AG MARKETING OUR GUEST HERE AT AGRIBUSINESS TODAY. MARK ONE OF THE  THINGS THAT OBVIOUSLY IS KIND OF CONSUMED ALL OF OUR HEADLINES IS THIS TRADE WAR THE TARIFF ISSUE  BACK AND FORTH. WHERE DO YOU SIT. AS FAR AS A KIND OF A LONGER PICTURE OF THIS THING. WELL IN THE  LONGER VIEW WE'VE BROKEN THE BEANS OVER TWO DOLLARS AND 30 CENTS OFF THEIR HIGHS. WE'VE KIND OF GOT A LITTLE BIT OF A DOUBLE BOTTOM ON THE CHARTS AND THAT WE'VE TURNED IT HIGHER. A  COUPLE OF GOOD CLOSES OVER THE 10 DAY MOVING AVERAGE. IT'S ALL POSITIVE. WHAT WOULD I DO.  WE'VE BEEN THROUGH SOME OF THIS BEFORE WHEN WE SAW THE RUSSIANS IN 1972 73 TAKE A LOT OF WEIGHT. IF I WERE THE CHINESE WOULD I SIT HERE AND SAY YOU KNOW WHAT. THESE ARE PRETTY DARN  CHEAP PRICES AND IT'S COMPETITIVE WITH BRAZIL BECAUSE THEY'VE GONE THROUGH THE ROOF. AND  WOULD THEY COME IN AND BUY ENORMOUS AMOUNTS OF SOYBEANS AT THESE CHEAP LEVELS. WELL IF I WAS THE CHINESE GOVERNMENT I'D CERTAINLY BE THINKING ABOUT IT. I THINK THEY COULD TAKE A HAND  AND PLAY RIGHT OUT OF THE RUSSIAN PLAYBOOK AND DO THE SAME KIND OF THING. YEAH. NO I'M NOT  SAYING THAT'S GOING HAPPEN THE ODDS ARE STRONGLY AGAINST THAT HAPPENING BUT THE FACT OF THE  MATTER IS WE'VE GONE SO CHEAP. WE'VE DONE NOTHING FOR THE LAST SIX WEEKS. LET'S TALK ABOUT  THE TARIFFS. NOW WE'RE GETTING SOME POSITIVE TECHNICAL SIGNALS. WE'VE GOT THE FUNDS HEAVILY SHORT IN THE BEANS THE CORN AND SOYBEAN OIL. AND I THINK THAT COULD BE ALONG WITH THE  WEATHER. ENOUGH OF AN IMPETUS TO GET THIS MARKET TO REALLY I DON'T WANT TO BE SHORT BEANS  DOWN HERE. YES WE'VE GOT SOME POINTS ON IN CASE THINGS GO WRONG. BUT THE FACT OF THE MATTER  IS WE'VE TOLD CLIENTS IF YOU'VE GOT CASH SALES MADE IN THE BEANS IN THE CORN FOR 18 WE'D CERTAINLY LOOK AT REWARDING THEM WITH A CALL OPTION TO TRY TO STAY IN THE GAME. ALL RIGHT GOOD  ADVICE. APPRECIATE IT. THANK YOU MARK. WE'LL BE BACK FOR MORE IN JUST A MINUTE.

WEATHER
WELCOME BACK TO AGDAY. METEOROLOGIST MIKE HOFFMAN IN THIS MORNING LOOKING AT THE WEATHER MAP MIKE. LOOKS LIKE THERE'S A BUNCH OF LOWS ON THE MAP HERE BUT IS THERE ANY RAIN COMING. WELL MAINLY IN THE EAST AS YOU CAN SEE HERE AS WELL AS SOME OF THE GULF COAST AREAS WITH THOSE TWO AREAS OF LOW PRESSURE AND THE EASTERN SYSTEM IS REALLY KIND OF THE SAME SYSTEM THAT CAUSED ALL THE ISSUES LATE LAST WEEK AND EARLY IN THE WEEKEND IT'S JUST KIND OF BEEN SPINNING ITS HEELS A LITTLE BIT OF A CUT OFF IN THE SOUTHEAST. SO BOTH OF THOSE SYSTEMS ARE GOING TO CAUSE SOME SHOWERS AND THUNDERSTORMS ALTHOUGH A LOT OF THE ONES WITH THE ONE IN EASTERN GOFF'S GOING TO STAY OFFSHORE BUT STILL THERE WILL BE SOME SCATTERED ACTIVITY IN FLORIDA UP AND DOWN THE EASTERN SEABOARD A LITTLE BIT OF MOISTURE WITH THIS NEXT COLD FRONT COMING IN. IT DOESN'T HAVE A LOT THIS AFTERNOON. TOMORROW AFTERNOON WILL BE A DIFFERENT STORY. AND THEN YOU CAN SEE JUST THE HIT AND MISS TYPICAL ACTIVITY FOR THE SOUTHWEST FOUR CORN REGION HEADING INTO THE DAY. TOMORROW YOU CAN SEE SHOWERS AND THUNDERSTORMS AT LEAST CONTINUED SCATTERED FROM THE MID-ATLANTIC INTO THE NORTHEAST A LITTLE BIT ALONG THAT SECONDARY COLD FRONT. AND AS WE HEAD INTO THE AFTERNOON A LITTLE BIT MORE DEVELOPS AS THE HEATING OF THE DAY GETS GOING FROM WESTERN WISCONSIN MICHIGAN ON SOUTHWARD OR SOUTHWEST INTO NEBRASKA HIT AND MISS IN THE SOUTHWEST AND THE TWO SYSTEMS IN THE EAST WILL CONTINUE TO CAUSE SOME ACTIVITY SO PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS. 

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 

HOT HUMID WITH SUNSHINE HIGH 95 IN BUFFALO NEW YORK CLOUDY AND HUMID THUNDERSHOWERS SOME AREAS HIGH OF 82. 

TEASE
ITS OUR DAIRY REPORT INCLUDING A DEEP DIVE INTO LAST FRIDAY'S MILK  PRODUCTION REPORT. AND LATER - LAUNCHING' A CONTEST TO GIVE YOU BRAGGING RIGHTS IN NAMING A NEW MACHINE HEADED FOR MARS. DETAILS LATER ON AGDAY. 

DAIRY REPORT
THE LATEST MILK PRODUCTION DATA FROM USDA SHOWS FARMERS ARE STILL  GENERATING A LOT OF MILK DESPITE LOW PRICES. THE LARGEST INCREASE IS COLORADO - UP NEARLY ELEVEN PERCENT FROM A  YEAR AGO. KANSAS IS UP SEVEN AND HALF PERCENT.  TEXAS IS UP SIX-AND-A-HALF PERCENT. OVERALL MILK PRODUCTION IN THE 23 TOP PRODUCING STATES LAST MONTH  WAS 17-POINT-TWO BILLION POUNDS, UP 1.3 PERCENT FROM A YEAR AGO. INDIVIDUAL COW PRODUCTION ALSO CLIMBED HIGHER FROM A YEAR AGO. IT'S  NOW 19-HUNDRED AND 64 POUNDS IN JUNE. USDA SAYS THAT'S THE HIGHEST PER  COW AVERAGE SINCE 2003. THE U.S. SENATE IS EXPECTED TO VOTE THIS WEEK TO GO TO CONFERENCE WITH THE HOUSE ON THE NEW FARM BILL. A FORMAL CONFERENCE IS EXPECTED TO START IN SEPTEMBER, SINCE THE  HOUSE LEAVES FOR ITS AUGUST BREAK THIS THURSDAY. BUT TIME IN SEPTEMBER IS SHORT.   THE CURRENT LAW EXPIRES ON SEPTEMBER 30TH AND THE HOUSE WON'T  RETURN 'TIL SEPTEMBER 4TH.  NEW AG WORKER LEGISLATION MAY ALSO FIND IT'S WAY TO FLOOR OF THE HOUSE ONCE AGAIN. THIS WEEK, REPUBLICANS RELEASING THE AG AND LEGAL WORKFORCE ACT. THE NEW IMMIGRATION WOULD REPLACE THE H-2A VISA PROGRAM AND WOULD  BE AVAILABLE TO BOTH SEASONAL AND YEAR-ROUND AGRICULTURAL EMPLOYERS  LIKE DAIRIES. IT ALSO REQUIRES ALL EMPLOYERS, INCLUDING FARMS, TO START USING THE E- VERIFY SYSTEM TO MAKE SURE WORKERS ARE LEGALLY IN THE COUNTRY.  THE LEGISLATION INCLUDES MANY OF THE PROVISIONS THAT WERE PART OF A  BROADER GOP IMMIGRATION BILL VOTED DOWN ON THE HOUSE FLOOR LAST  MONTH. 

CLOSE
NEXT - FIND OUT HOW YOUR CREATIVE THINKING COULD LAND ON THE RED  PLANET. IN THE COUNTRY IS NEXT. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA'S FULL LINE OF FIELD-PROVEN HAY TOOLS.  EXPLORE THE FULL LINE UP AT KUBOTA.COM.  OR VISIT YOUR LOCAL KUBOTA DEALER TODAY.THE 'SPACE RACE' TO MARS IS GAINING STEAM - OR SHOULD WE SAY  PROPULSION? THE UNITED KINGDOM'S SPACE AGENCY IS LAUNCHING AN ONLINE COMPETITION  TO NAME A MARS ROVER THAT'S SET TO TRAVEL TO THE RED PLANET IN 2020. SCIENTISTS PREVIOUSLY NICKNAMED ITS PROTOTYPES 'BRUNO' AND 'BRIDGET,'  BUT NOW THEY'RE LOOKING FOR AN INSPIRING NAME FIT FOR A ROVER SEEKING  OUT SIGNS OF LIFE ON THE MARTIAN SURFACE. ONCE ON MARS, THE SIX-WHEELED ROVER WILL SLOWLY ROAM THE MARTIAN  SURFACE, IT WILL DRILL UP TO TWO METRES BENEATH THE SURFACE TO SEARCH FOR EVIDENCE OF LIFE. "NOW, WE'RE TALKING ABOUT ORGANIC MOLECULES OR COMPOUNDS OR BACTERIA, FOR EXAMPLE, MAYBE EVIDENCE OF SINGLE-CELLED LIFE FORMS. WE'RE NOT TALKING ABOUT INTELLIGENT LIFE FORMS, BUT  EVEN SO, IT WOULD TELL US AN AWFUL LOT ABOUT HOW LIFE EVOLVED ON OUR OWN PLANET HERE ON EARTH,  BY STUDYING MARS>"EXPERTS IN THE U-K ARE STILL PERFECTING THE ROVER'S DESIGN. IT'S DUE FOR  LIFT OFF IN SUMMER 2020 AND WILL ARRIVE AT THE RED PLANET IN 2021. UNLIKE PREVIOUS ROVER MISSIONS, THIS EXOMARS ROVER WILL NAVIGATE THE  RED PLANET'S SURFACE AUTONOMOUSLY, USING 3D CAMERAS TO PLOT A SAFE COURSE ACROSS THE ROCKY MARTIAN SURFACE. NOT TO BE OUTDONE...OVER THE WEEKEND NASA FORMALLY LAUNCHED ITS ONE YEAR COUNTDOWN TO THE 50TH ANNIVERSARY OF THE FIRST MOON LANDING.    NEIL ARMSTRONG AND BUZZ ALDRIN WERE THE FIRST HUMANS TO STEP ON THE  MOON ON JULY 20TH 1969. 

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

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