AgDay Daily Recap - July 31, 2018

July 31, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
JULY 31, 2018

HEADLINES

AS TRADE TENSIONS MOUNT, THE ADMINISTRATION SEEKS TO  FIND NEW PARTNERS IN THE PACIFIC. MORE TOP WHITE HOUSE OFFICIALS SAY NAFTA NEGOTIATIONS COULD WRAP UP SOON. IN AGRIBUSINESS, CATTLE ON FEED NUMBERS HIT A NEW RECORD, BUT CAN PRICES HANDLE HEAVIER SUPPLIES? PACKERS ARE MAKING GOOD MONEY DEMAND'S PRETTY GOOD AND THE DAIRY INDUSTRYIS MAKING COMMITMENTTO    CONSUMERS. WE'LL SEE HOW THE FARM ANIMAL CARE PROGRAM IS HELPING BUILD BRIDGES FROM FARM TO FORK. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.

U.S. SEEKING NEW TRADE PARTNERS
GOOD MORNING I'M CLINTON GRIFFITHS. EVEN AS TRADE TENSIONS CONTINUE BETWEEN THE U.S. AND  SOME OF ITS MAJOR EXPORT MARKETS, THE ADMINISTRATION SAYS IT'S ACTIVELY SEARCHING FOR NEW PARTNERS. ON MONDAY, THE STATE DEPARTMENT ANNOUNCING $113 MILLION DOLLARS IN INVESTMENTS IN INDO-PACIFIC REGIONS OF ASIA.  THE MONEY GOING FOCUSED ON DIGITAL ECONOMY, ENERGY AND INFRASTRUCTURE. IN REMARKS TO THE U.S. CHAMBER OF COMMERCE FORUM IN   WASHINGTON MONDAY, SECRETARY OF STATE MIKE POMPEO SAYS THE INVESTMENTS REPRESENT AMERICA'S ENGAGEMENT IN THE REGION AND DEDICATION TO PROMOTING    INDEPENDENCE THERE. EARLY IN HIS PRESIDENCY, DONALD TRUMP PULLED OUT OF THE TRANS-PACIFIC PARTNERSHIP AGREEMENT, A KEY FREE TRADE DEAL IN THE REGION. NOW POMPEOSAYS THEY WANT TO MAKE IT CLEAR, AMERICAN COMPANIES ARE CONTINUING TO ADVANCE U.S. ECONOMIC INTERESTS IN THE REGION.     "I KNOW SOME ARE WONDERING ABOUT AMERICA'S ROLE IN THE REGION IN LIGHT OF PRESIDENT TRUMP'S DECISION TO PULL OUT OF THE TPP (TRANS PACIFIC PARTNERSHIP). WHILE WE WORK WITH OUR PARTNERS TO      CRAFT BETTER AND HIGHER STANDARD BILATERAL TRADE AGREEMENTS, OUR COMPANIES ARE CONTINUING TO ADVANCED ECONOMIC INTERESTS BY  GROWING THEIR PRESENCE IN THE REGION.

NAFTA 2.0
ALSO ON TRADE, MORE OPTIMISTIC OUTLOOKS ROLLING OUT ABOUT THE NORTH AMERICAN FREE TRADE AGREEMENT.  THE LATEST IS U-S COMMERCE SECRETARY WILBUER ROSS   SAYING THERE'S A QUOTE, PRETTY GOOD CHANCE" OF A DEAL WITH MEXICO. THE UPBEAT RHETORIC HAPPENING AFTER THE LATEST ROUND OF NAFTA NEGOTIATIONS WRAPPED UP IN WASHINGOGTN LAST WEEK.  MEXICO'S PRESIDENT ELECT ALREADY APPOINTING A NEW      TRADE TEAM, WITH ROSS SAYING THERE'S A PRETTY GOOD CHANCE THAT THE U-S AND MEXICO COULD BE ON A RAPID      TRACK WITH TRADE TALKS. THE MEXICO PESO GAINING TRACTION DURING THE TALKS. U-S TRADE REPRESENTATIVE ROBERT LIGHTHIZER SAYING LAST                                             &nbs​p;  WEEK THAT NAFTA TALKS ARE IN THE FINISHING STAGES AND COULD BE WRAPPED UP BY THE END OF AUGUST. THAT WOULD MARK ONE-YEAR SINCE NAFTA NEGOTATIONS BEGAN.

TARIFF RELIEF AID COST
IT'S BEEN ONE WEEK SINCE THE TRUMP ADMINISTRATION ANNOUNCED 12 BILLION DOLLARS IN TARIFF RELIEF AID TO FARMERSAND RANCHERS. NOW, NEW NUMBERS SHOW HOW MUCH AID IS NEEDED TO HELP EVERYONENEGATIVELY IMPACTED BY TARIFFS. THE U-S CHAMBER OF COMMERCE --SAYS SUCH AID WOULD COST TAXPAYERS 39 BILLION DOLLARS.   THAT INCLUDES 12 BILLION ALREADY DESIGNATED TO FARMERS, THEN AN ADDITIONAL27 BILLION DOLLARS TO     SUPPORT OTHER AFFECTED INDUSTRIES. AT THE TOP OF THE LIST FISHERMEN AND CRABBERS AT 811 MILLION DOLLARS. NEXT MANUFACTURERS OF PREPARED MEATS AND FISH, WITH A PRICE TAG OF 301 MILLION DOLLARS. 

CROP PROGRESS
USDA'S LATEST CROP PROGRESS SHOWS 38 PERCENT OF THE NATION'S CORN CROP IN DOUGH STAGE--18 POINTS AHEAD OF AVERAGE  CONDITIONS HOLDING STEADY FROM LAST WEEK AT 72 PERCENT GOOD TO EXCELLENT IT'S ONLY 33 PERCENT IN DROUGHT STRICKEN MISSOURI. 60 PERCENT OF THE NATION'S SOYBEANS ARE SETTING PODS--19 POINTS AHEAD OF AVERAGE BEAN CONDITIONS ALSO HOLDING STEADY AT 70 PERCENT GOOD TO EXCELLENT. MISSOURI BEANS ONLY 40 PERCENT GOOD TO EXCELLENT.  AND SPRING WHEAT HARVEST IS NOW UNDERWAY. NATIONALLY 4 PERCENT IS CUT. IT'S A THIRD HARVEST IN SOUTH DAKOTA. 78 PERCENT OF THE CROP IS GOOD TO EXCELLENT...A TICK LOWER THAN LAST WEEK.

CROP COMMENTS
IT'S A HARVEST TUESDAY ON AGDAY AS MIKE HOFFMAN CATCHES US UP ON HARVEST PROGRESS. GOOD MORNING, MIKE. THANKS, CLINTON. IT'S NOT JUST WHEAT HARVEST STILL                                               UNDERWAY. FARMERS IN KENTUCKY ARE ALREADY PICKING   THE CORN CROP THIS YEAR. QUINT POTTINGER SAYS HE'S TESTING OUT AN EARLY SEASON HYBRID AND GOING TO PLANT BEANS BEHIND THIS FIELD. BUT THIS CORN WILL BE USED FOR NOT ONLY DEER CORN, BUT KENTUCKY BOURBON. QUINT TELLS US YIELDS ARE COMING IN ABOUT AVERAGE; QUINT SAYS HIS LATER MATURING VARIETIES HAVE THE POTENTIAL TO BE REALLY GOOD, PENDING RAIN THIS WEEK. USDA SAYS MORE THAN 80 PERCENT OF KENTUCKY'S CORN  CROP IS IN GOOD TO EXCELLENT SHAPE. AND FARMERS IN COLRADO CAN'T SEEM TO ESCAPE THE HAIL THIS YEAR. MARC SAYS HAIL MUST BE THE OFFICIAL STONE OF PROPSECT VALLEY. THIS IS THE EIGHTH TIME THEY'VE SEEN HAIL DAMAGE THEIR CROP THIS YEAR. AND TAKE A LOOK AT THE WINDSPEED FORECAST NOT A LOT OF IT A LITTLE   BIT IN THE SOUTHERN PLAINS AS WE START THE DAY TODAY AS WE HEAD THROUGH THE AFTERNOON. MID-ATLANTIC DOWN INTO FLORIDA. PARTS OF TEXAS AND A FEW SPOTS OUT WEST HEADING INTO THE DAY TOMORROW. AND YOU CAN SEE NOT TOO WINDY ACROSS MOST OF THE COUNTRY. LATER ON IN THE AFTERNOON A LITTLE BIT MORE MID-ATLANTIC DOWN TO FLORIDA ONCE AGAIN. WE'LL HAVE YOUR FORECAST COMING UP BUT FIRST HERE'S SOME HOMETOWN TEMPS. 

DAIRY ANIMAL CARE PROGRAM
CONSUMERS WANT TO KNOW HOW THEIR FOOD GETS FROM THE FARM TO THE GROCERY STORE SHELF. THE DAIRY INDUSTRY RECOGNIZES THIS CONSUMER ATTITUDE AND DEVELOPED A SYSTEM CALLED NATIONAL DAIRY FARMERS ASSURING RESPONSIBLE MANAGEMENT -ALSO                KNOWN AS THE FARM ANIMAL CARE PROGRAM WHICH IS A UNIFORM GUIDE WITH BENCHMARK STANDARDS DAIRY FARMERS, COOPERATIVES AND PROCESSORS CAN USE TO MAKE SURE THEY'RE SHIPPING A SAFE PRODUCTS THAT'S SOURCED RESPONSIBLY.   IN THIS NEW SERIES, BETSY JIBBEN LOOKS AT HOW THE FARM      ANIMAL CARE PROGRAM IS WORKING. DURING ANOTHER SUMMER MORNING IN UPSTATE NEW YORK, AS BLAKE GENDEBIEN FINISHES UP HIS QUICK CHORES BEFORE LUNCH. "MY FATHER SAID THE FARM NEXT DOOR IS FOR SALE AND NOW IS THE    TIME TO JUMP IF YOU WANT TO MERGE THE TWO FARMS TOGETHER" THAT WAS IN 2003, WHEN GENEBIEN WHO LIVED OUTSIDE OF NEW YORK'S BORDERS MADE

TWIN MILL FARMS IN OGDENSBURG, NEW YORK.  56 COWS SLOWLY BECAME 550. NEW FACILITIES REPLACED THE OLD AND TWO SOON BECAME 5. "I REMEMBER SLEEPING ON MY DAD'S LAP ON THE MACHINERY AS A  KID AND I WANTED THAT FOR MY KIDS." GENDEBIEN IS MAKING SOME CHANGES -LIKE OTHER DAIRY FARMERS IN THE UNITED STATES - HE WANTS TO BE KNOWN AS A PRODUCER OF A RELIABLE, SAFE PRODUCT. "FOR A CUSTOMER, HUNDREDS OF MILES AWAY TO FEEL GOOD ABOUT  FEEDING OUR PRODUCT TO OUR FAMILY, IS A NUMBER ONE PRIORITY FOR ALL OF US," AGRI-MARK, GENDEBIEN'S MILK MARKETER DECIDED TO IMPLEMENT THE FARM PROGRAM STANDARDS. THE STANDARDS WERE CREATED BY IN 2009 BY THE NATIONAL MILK PRODUCRES FEDERATION WITH SUPPORT FROM DAIRY MANGEMENT INCORPORATED. AS A MEMBER, GENDEBIEN PARTICIPATED TOO. CURRENTLY, THE FARM PROGRAM EQUATES TO ABOUT 98                                        &n​bsp;      PERCENT OF THE MARKETED MILK SUPPLY. "IT GIVES US UNIFORMITY THROUGHOUT OUR CO-OP AND THE INDUSTRY IN GENERAL WHICH I THINK IS THE BIGGEST SELL POINT TO OUR CUSTOMERS," WELL-KNOWN COMPANIES LIKE CHOBANI ARE GETTING ON BOARD TOO. "OUR FARMS RANGE FROM SOME OF THE LARGER ONES IN IDAHO TO SMALLER AMISH FARMS IN NEW YORK WHERE COWS ARE HAND-MILKED,"> DESPITE THE DIVERSITY OF MILK SUPPLIERS TO CHOBANI -ONE THING IS THE SAME. THE COMPANY IS MAKING IT A REQUIREMENT ALL OF THE MILK SOURCED TO CHOBANI IS A PART OF THE FARM PROGRAM. "I'M WORKING CLOSELY WITH RETAILERS AND STORES AND I UNDERSTAND HOW IMPORTANT FRO THEM TO BE ABLE TO SAY THAT THEY'RE SOURCES THEIR PRODUCTS RESPONSIBLY AND THE PRODUCTS THEY PUT ON THEIR    SHELVES ARE SOURCED R ESPONSIBLY." THE PROGRAM IS MADE UP OF THREE SILOS: -ANIMAL CARE -ENVIRONMENTAL STEWARDSHIP AND -ANTIBIOTIC STEWARDSHIP EVALUATIONS AND BENCHMARK IMPROVEMENTS ARE ALL DOCUMENTED AT EACH DAIRY. TRAINED FIELD EVALUATORS LIKE JONES CHECK THE CATTLE TO MAKE SURE ANIMAL HUSBANDRY STANDARDS ARE MET. GENDEBIEN IS SEEING BIG GAINS. "WE'VE ONLY BEEN IN THE NEW FACILITY SINCE LAST NOVEMBER. WHEN WE MOVED IN OUR MILK PRODUCTION IS NOW UP 15 POUNDS PER COW. IT'S STEADILY IMPROVING," HE'S WORKING ON ENVIRONMENTAL STEWARTSHIP AS WELL - THE PILLAR WHICH LOOKS AT A FARM'S CARBON AND ENERGY FOOTPRINT. "WE JUST PUT IN A NEW MANURE PIT." HE'S MAKING THE CHANGE TO LED LIGHTS AND TO HIS WATER SYSTEM. "OUR WATER IS USED TWICE, ONCE TO COOL THE MILK AND THEN A SECOND TIME TO WATER THE COWS FOR THE COWS TO DRINK." THE THIRD PILLAR FOCUSES ON ANTIBIOTIC STEWARDSHIP -LOOKING AT THE JUDICIOUS USE OF ANTIBIOTICS - KNOWING ALL MILK IS SCREENED AND ANY LOAD WHICH TESTS POSITIVE NEVER MAKES IT TO MARKET. "IF WE KEEP IT SIMPLE, WE TEND TO RUN BETTER. BUT IF WE NEED TO USE ANTIBIOTICS, WE FOLLOW THE GUIDELINES AND WITHHOLDINGS LISTED IN THE FARM PROGRAM," OVERALL, GENDEIBIEN SAY SHTE FARM PROGRAM IS HELPING HIM BE A BETTER FARMER. "ANYTIME I HAVE AN EVALUATION, I SEE ROOM FOR IMPROVEMENT. IT'S NEVER PERFECT. I WANT TO BE PERFECT, BUT NOTHIGN EVER IS, BUT IT ALLOWS ME TO TARGET SPECIFIC AREAS WEHRE IC AN DO A BETTER JOB," NATS SHOW HIM WITH CALVES IN 8010   AS GENDEBIEN FINISHES UP SOME LAST-MINUTE JOBS...HE KNOWS EVEN THE SMALL TASKS ARE IMPORTANT FOR THE REPUTATION OF HIS DAIRY... "I KNEW I NEEDED TO GET BACK, I JUST KNEW IT," REPORTING FOR AGDAY, I'M BETSY JIBBEN. 

TEASE
STILL TO COME, CAN CATTLE PRICES HANDLE THE GROWING CATTLE HERD. ONE ANALYST SAYS THERE WAS A SILVER LINING IN THE LATEST CATTLE ON FEED REPORT. AND LATER, GOOD PEOPLE STANDING UP TO HELP OTHERS IN NEED.

FLOOR OF THE CME
IN AGRIBUSINESS MARKETS FINDING SOME STRENGTH EARLY IN THE DAY MONDAY. LETS SEE HOW THINGS CLOSED FROM THE FLOOR OF THE CME IN CHICAGO. DEC CORN UP 4 CENTS 382. THAT'S STUNNING. TWO AND THREE QUARTER PER CENT RISE IN THE LAST FIVE DAYS. RIGHT NOW ABOUT DOWN  65 BASIS POINTS ON A YEAR TO DAY BASIS. HARD TO BELIEVE IT JUST BACK ON JULY 12TH. CORN WAS TRADING AS LOW AS 350 EXPORT INSPECTIONS CAME OUT TODAY WITH A STUNNING TWENTY FOUR POINT NINE THREE PERCENT GAIN WEEK ONE WEEK AND A 67 PERCENT GAIN YEAR ON YEAR. RIGHT NOW YEAR TO DATE EXPORTS ONLY DOWN TWO AND A HALF PERCENT ON A YEAR ON YEAR BASIS. IT'S A LITTLE BIT BETTER THAN MOST PEOPLE EXPECTED. THUS THE RALLY THAT WE'VE SEEN TODAY ALSO  NOTEWORTHY IS AS OF LAST WEEK MANAGED MONEY CONTINUES TO BE  SHORT. THE GRAIN OF CORN CONTRACTS 11 CONSECUTIVE WEEKS OF    SHORTS. RAIN CONTINUES TO BE A NARRATIVE THAT A LOT OF US ARE WATCHING. I'M LARRY SHOVER FROM THE CME GROUP IN CHICAGO. 

AGRIBUSINESS
WHILE GRAINS ARE OFF AND RUNNING LIVESTOCK MARKETS ARE FIGHTING TO HOLD STEADY.IN ANALYSIS THIS MORNING, TYNE JOINS US FROM THE ROAD WITH A LOOK AT CATTLE PRICES AND INVENTORY PRESSURE.HERE NOW CHIP NELLINGER BLUE REEF AGRIMARKETING CHIP LOOKING AT THESE CATTLE MARKETS AND LOOKING AT THE LATEST CATTLE ON FEED   REPORT THAT REALLY CAME IN IN LINE WITH ANALYSTS EXPECTATIONS THERE WASN'T REALLY ANY BIG BIG SURPRISES WITH THIS CATTLE ON FEED REPORT. SO DO YOU THINK MAYBE WE'VE FOUND THE BOTTOM IN THIS CATTLE MARKET. YEAH IT MAY BE FOR THE TIME BEING THE BEST CASE SCENARIO AND IT STILL UNDERSCORED RECORD AMOUNT OF CATTLE ON FEED BUT IT   WAS THE FIRST CATTLE ON FEED REPORT IN PROBABLY EIGHT OR NINE MONTHS THAT WE DIDN'T SEE THE PRE REPORTED EXPECTATIONS SO THAT'S A GOOD SIGN ESPECIALLY GIVEN THE FACT THAT WE'RE SCREAMING INTO THE THIRD QUARTER HERE AND THEN BY WINTER IN SPRING THOSE NUMBERS SHOULD TIGHTEN BACK UP AND WE HAVE BETTER THINGS AHEAD OF US. I GUESS A BRIGHT SPOT TO ME IS WE'VE GOTTEN THROUGH THESE LAST SEVERAL CATTLE AND FEEDER PORTS AND WE'RE STILL TRADING YOU KNOW ONE 10 TO 1 12 IN THE CASH MARKET. PACKERS ARE MAKING GOOD MONEY DEMAND'S PRETTY GOOD SO WE'VE GOTTEN THROUGH THESE BIG NUMBERS FAIRLY UNSCATHED TO THIS POINT YOU KNOW PORK'S PRETTY CHEAP. SO DO YOU THINK THE IMPRESSIVE DEMAND CAN CONTINUE ON THE BEEF SIDE CONSIDERING THE COMPETITIVENESS WHEN YOU LOOK AT THE PORK MARKET. YEAH THAT'S GOING TO BE A QUESTION THAT WE'RE GOING TO HAVE TO REALLY SEE HOW THOSE EXPORT SALES HOLD UP SALE DOMESTIC DEMAND HOLDS UP. I THINK  THAT BEEF DEMAND DOMESTICALLY ESPECIALLY IS REALLY REALLY SOLID AND THE EXPORTS HAVE BEEN IMPRESSIVE AS WELL BUT THAT'S GOING TO BE AN ISSUE IF IF WE DON'T GET SOME FIGURES ON THE TARIFF SIDE TO HELP PROP UP THESE HOG PRICES A LITTLE BIT IT COULD BECOME A NEGATIVE DRAG ON ON BEEF BUT IT'S NOT GOING TO BE OVERNIGHT IS GOING TO BE GRADUAL AND I THINK BY THE TIME THAT'S AN ISSUE  MAYBE THESE BEEF CATTLE NUMBERS ARE SHRINKING INTO WINTER AND THAT CAN OFFSET THAT A LITTLE BIT SO MAYBE THE BALLOTS THEN CONTINUES A LITTLE BIT OF A BALANCE THING AND RIGHT NOW AND THE WHOLE MEAT SECTOR YOU KNOW CATTLES THE SHINING STAR THEY'RE   GETTING THROUGH THESE BIG NUMBERS AND SURE WE'RE OFF YOU KNOW OF A YEAR AGO LEVELS RIGHT. IT'S STILL FAIRLY RESPECTABLE AND WE'RE HOLDING THAT MONEY TOGETHER. ALL RIGHT. CHIP MELLINGER BLUE REEF AGRIMARKETING THANK YOU. LET'S TAKE A QUICK BREAK HERE ON AGD  DAY AND THEN WE'LL BE BACK WITH MUCH MORE. 

WEATHER
<WELCOME BACK TO AGDAY. METEOROLOGIST MIKE HOFFMAN HERE AND MIKE AS WE GET SET TO START AUGUST ALREADY. WHAT DO YOU THINK. IT'S HARD TO BELIEVE. I KNOW RIGHT. WHAT DO YOU THINK ABOUT AS FAR AS PATTERNS GO. I STILL THINK IN GENERAL FOR THE NEXT THREE TO FOUR WEEKS WE'RE GOING TO HAVE THE RIDGE OUT WEST AND THE TROUGH IN THE EAST. NOW WILL THERE BE ONE OR TWO DAY HOT SPELLS FARTHER EAST PROBABLY. IT IS AUGUST. BUT OVERALL I THINK IT'S COOLER THAN NORMAL EAST AND I PROBABLY SHOULD PREFACE THAT BY SAYING MOST OF THE CORN BELT WHEN I SAY KIND OF EAST OF THE ROCKIES THE FAR NORTHEAST MIGHT ACTUALLY BE WARMER THAN NORMAL AT TIMES OVERALL OVER THE NEXT MONTH. ALL RIGHT. HERE WE GO FOR TODAY. AREA OF LOW PRESSURE BRINGING SOME MOISTURE TO THE CENTRAL MISSISSIPPI VALLEY INTO THE OHIO VALLEY ESPECIALLY THE OHIO VALLEY AS WE HEAD THROUGH THIS AFTERNOON. YOU CAN SEE THAT A LITTLE BIT UP INTO THE LOWER LAKES. NEXT COLD FRONT DIPPING INTO THE   NORTHERN PLAINS. AREAS OF SHOWERS AND THUNDERSTORMS IN THE MID-ATLANTIC IN THE SOUTHEAST KIND OF TYPICAL FOR THIS TIME OF THE YEAR WITH THAT HUMIDITY. THEN AS WE HEAD TOWARD TOMORROW MORNING SHOWERS AND THUNDERSTORMS SCATTERED THROUGH THE EASTERN OHIO VALLEY INTO NEW ENGLAND A LITTLE BIT ACROSS THE FAR NORTHERN MISSISSIPPI VALLEY AND THEN AS WE HEAD THROUGH THE AFTERNOON WE'LL SEE A FAIR AMOUNT OF SHOWERS AND THUNDERSTORMS ALONG THIS NEXT FRONT COMING SOUTH INTO NORTHERN IOWA PARTS OF WISCONSIN NORTHERN MICHIGAN AND THEN JUST SCATTERED SHOWERS AND THUNDERSTORMS MAINLY EAST OF THIS COLD FRONT BUT THERE WILL BE SOME SHOWERS BEHIND IT AS WELL. AND THE TYPICAL PATTERN OUT  WEST WE STILL HAVE THE MONSOON MOISTURE OCCASIONALLY BRINGING YOU SOME AFTERNOON SPOTTY SHOWERS AND THUNDERSTORMS. THE  PRECIPITATION ESTIMATE PAST 24 HOURS. LOT OF IT'S BEEN IN FLORIDA  BUT THERE HAVE BEEN SOME POCKETS FARTHER NORTH ALSO AROUND TEXARKANA LOOKING LIKE WE DID GET SOME DECENT RAINS AND YET IN THE NEXT 36 HOURS. AND WHEN YOU TOTAL EVERYTHING UP THERE IS A   LOT OF PLACES FROM THE OHIO RIVER DOWN TO FLORIDA BACK IN EASTERN TEXAS AND END UP WITH TWO OR THREE INCHES OF RAIN NOW PLACES DOWN THE ROAD MAY ONLY GET HALF INCH OR AN INCH OR SO. BUT NONETHELESS THERE'S A DECENT AMOUNT OF MOISTURE IN THE SOUTHEAST QUADRANT OF THE COUNTRY NOW. HIGH TEMPERATURES TODAY A LITTLE WARMER THAN WE SAW LAST WEEK INTO THE NORTHERN PLAINS BUT STILL THOSE AREN'T BAD FOR THIS TIME OF THE YEAR LOWER 80S 70S AND MOST OF THE EASTERN CORN BELT. AND YOU CAN SEE THE 80S INSTEAD OF THE 90S ALL THE WAY DOWN INTO THE SOUTHEAST. THOSE AREAS ARE ACTUALLY COOLER THAN NORMAL FOR THIS TIME OF THE YEAR LOWS TONIGHT FEW 50S IN THE FAR NORTHERN SECTIONS BUT MAINLY 60S THROUGH THE CORN BELT. NOT BAD AT ALL 70S ARE KIND OF HAVE BEEN PUSHED DOWN ALL THE WAY TO THE GULF COAST THAT STAYS HOT OUT WEST OBVIOUSLY SOUTHWEST BECAUSE WE ARE LOOKING AT TRIPLE DIGITS IN PARTS OF THE DESERT SOUTHWEST WITH A LOT OF 70S AND 80S FROM COAST TO COAST ACROSS THE COUNTRY. OBVIOUSLY THE PLACES IN TEXAS THAT ARE DRY YOU'LL BE IN THE 90S AGAIN. AND THERE'S THAT TROUGH IN THE EAST AS WE HEAD THROUGH THE REST OF THIS WEEK AND JUST KIND OF SITS THERE IT DOES WEAKEN A LITTLE BIT SO IT WILL WARM UP SOMEWHAT AND IT GOES AWAY FOR A COUPLE OF DAYS OVER THE WEEKEND AND THEN DIGGING BACK IN AGAIN AS WE HEAD INTO THE MIDDLE OF NEXT WEEK WITH THE RIDGE BUILDING UP OUT WEST. THAT'S KIND OF THE AVERAGE PATTERN SEEN FOR MOST OF AUGUST THAT'S LIKELY ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS  HIGH UP TO 95 DEGREES. ELGIN ILLINOIS PARTLY SUNNY A SHOWER AND A FEW SPOTS HIGH AROUND 80 AND PETERSBURG VIRGINIA PARTLY SUNNY SKIES A THUNDERSTORM POSSIBLE HIGH 83

TEASE
STILL TO COME, DOES THE AVERAGE CONSUMER CARE OF ALMOND MILK IS LABELED MILK? THAT'S IN OUR DAIRY REPORT. AND LATER, THIS YOUNG MAN WASN'T THE TOP OF HIS CLASS                                        ​        BUT HIS COMMUNITY MADE SURE HE FELT THEIR SUPPORT. WE'LL TELL YOU ABOUT THIS UP LIFTING STORY AFTER THE BREAK.

DAIRY REPORT
IN OUR DAIRY REPORT, THE CULLING OF DAIRY COWS IS NOW AT THE HIGHEST LEVEL SINCE 2013, WHILE THE COST OF REPLACEMENT HEIFERS FELL TO A MULTI-DECADE LOW. NEW NUMBERS SHOWED DAIRY PRODUCERS SENT 1 POINT 56 MILLION HEAD TO SLAUGHTER DURING THE FIRST HALF OF THEYEAR. ANALYSTS SAY THIS SUGGESTS THERE'S LITTLE APPETITE TO EXPAND HERDS. IT COULD SET THE STAGE FOR FUTURE U-S MILK HERD CONTRACTION. THAT FOLLOWS SEVERAL YEARS OF GROWING HERD NUMBERS AND RISING MILK SUPPLIES...BOTH FACTORS  WEIGHING ON MILK PRICES. MEANWHILE, THE AVERAGE PRICE BEING PAID FOR QUALITY HOLSTEIN REPLACEMENT COWS FELL TO 12 HUNDRED D DOLLARS PER AHEAD. BUYERS HAVEN'T SEEN REPLACEMENT HEIFERS THAT LOW IN  DECADES. A NEW STUDY FOUND 78 PERCENT OF MILK DRINKERS SAY DAIRY-FREE BEVERAGES ARE STILL MILK. THE PLANT-BASED FOODS ASSOCIATION SAYS IT CONDUCTED A SURVEY OF MILK DRINKERS.  THAT'S AS THE DEBATE HEATS UP OVER THE LABELING OF PLANT-BASED BEVERAGES USING THE WORD "MILK" ON ITS  PACKAGING. THE FOOD AND DRUG ADMINISTRATION IS LOOKING TO CRACK DOWN ON THOSE LABELS, SAYING THE GOVERNMENT AGENCY PLANS TO REVIEW AND MODERNIZE DAIRY LABELING. 

TEASE
WHEN WE COME BACK, IT'S NOT ALL DOOM AND GLOOM IN FARM COUNTRY. WE'LL SHOW YOU WHY AFTER THE BREAK.

FROM THE FARM
ONE THING WE'VE WITNESSED OVER AND OVER IS THE WAY RURAL COMMUNITIES COME TOGETHER TO SUPPORT EACH OTHER IN TIMES OF TRIAL.THAT'S BEEN ON FULL DISPLAY IN A WHOLE HOST OF WAYS OVER THE PAST FEW WEEKS. TAKE FOR INSTANCE THIS COUNTY FAIR AUCTION IN EDDY COUNTY NEW MEXICO. THAT'S IN THE TOWN OF ARTESIA. THE YOUNG MAN SELLING HIS STEER--TOPPING THE SALE WITH AN ALL TIME COUNTY RECORD OF 56-THOUSAND DOLLARS. ACCORDING TO POSTS FROM THOSE AT THE FAIR--THE YOUNG BOY LOST HIS FATHER EARLIER IN THE YEAR. THE COMMUNITY PITCHING IN BIDDING UP HIS STEER TO 56- THOUSAND... OFFERING SUPPORT AND HELP THROUGH A  DIFFICULT TIME. THOSE IN ATTENDANCESAY THERE WASN'T A DRY EYE IN THE BARN. THANKS TO SHARA IVANS FOR SHARING THAT VIDEO ON FACEBOOK.    AND THIS FROM OUR FRIEND KEVIN DULING OUT IN OREGON. YOU MAY REMEMBER WILDFIRES BURNED SEVERAL MILLION BUSHELS OF THE WHEAT CROP. KEVIN SAYS ...WHAT ARE THE PRODUCERS WHO LOST THEIR WHOLE CROP DOING WITHOUT A HARVEST? THEY ARE HARVESTING FOR THE NEIGHBOR WHO LOST A HIRED HAND IN THE FIRE. THAT'S CLASS. THAT'S WHY I SAY I HELP THE BEST PEOPLE IN THE WORLD.  PEOPLE HELPING OTHERS...A GREAT PERSPECTIVE FOR A NEW WEEK.

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

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