AgDay Daily Recap - June 22, 2017

June 22, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JUNE 22, 2017


HEADLINES
THE PRESIDENT HEADS TO IOWA AS THE FORMER GOVERNOR LEAVES FOR  CHINA. A TROPICAL STORM MAKES LAND..WHAT DOES IT MEAN FOR CROPS. IN  AGRIBUSINESS...PREPPING FOR A WEATHER MARKET. FOLLOWING FEEDERS ON DROVERS TV. AND A CASE FOR QUESO--IT'S CHEESE  CLASS IN WISCONSIN. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.

BRANSTAD AND U.S. BEEF TO CHINA
GOOD MORNING I'M CLINTON GRIFFITHS. AS PRESIDENT TRUMP FOCUSES ON  AGRICULTURE AND TECHNOLOGY DURING HIS VISIT TO EASTERN IOWA, THE  CAMPAIGN-STYLE EVENT ALSO SERVING AS A SEND-OFF TO FORMER IOWA  GOVERNOR TERRY BRANSTAD AS HE PREPARES TO REPRESENT THE UNITED  STATES AS AMBASSADOR TO CHINA. BRANSTAD RECEIVED SENATE CONFIRMATION LAST MONTH TO SERVE AS  AMBASSADOR.  EXPECTATIONS ARE HIGH FOR BRANSTAD TO USE HIS  BACKGROUND FROM AN AGRICULTURAL STATE O FURTHER IMPROVE U-S AG  EXPORTS TO CHINA. THIS MOVE COMES JUST AS CHINA AGREED TO START ACCEPTING U-S BEEF. CHINA STOPPED IMPORTING U-S BEEF FOLLOWING THE B-S-E SCARE OF 2003.  THE AGREEMENT CALLS FOR THE ABILITY TO TRACE-BACK THE ORIGIN AND  SLAUGHTER OF LIVESTOCK. WE HAVE BEEN DOWN THIS PATH BEFORE WITH WITH ANIMAL ID. AND WHEN WE GET INTO TRACEABILITY AND WE START TO THINK ABOUT TRACEABILITY FOR EXPORT MARKETS. THAT'S THAT'S ONE REASON TO DO THAT. THERE ARE SO MANY OTHER REASONS WHY TRACEABILITY IS GOOD FOR THE BEEF INDUSTRY AND FOR THE PRODUCERS. GENERALLY SPEAKING WHEN WE LOOK AT TRACEABILITY THE PEOPLE THAT THAT ARE MISSING OUT BY NOT HAVING A TRACE BACK SYSTEM ARE THE PEOPLE WHO ARE DOING THINGS RIGHT AND SO PROTECTING AND BEING ABLE TO PROPAGATE AND AND RECOGNIZE PEOPLE WHO ARE MANAGING CORRECTLY ON THE RANCH OF ORIGIN PEOPLE WHO ARE MANAGING CATTLE CORRECTLY AND FEED YARDS ARE GOING TO BE IS GOING TO BE A GREAT MARKETING TOOL FOR AN ABILITY TO PASS INFORMATION BACK AND FORTH BETWEEN THE DIFFERENT SEGMENTS. WE'RE NOT A VERTICALLY INTEGRATED OPERATION. SO I THINK THAT TRACEABILITY HAS A HUGE IMPACT AT THAT POINT.

U.S.-UK TRADE
THE PRESIDENT FOCUSING ON INNOVATION AND TECHNOLOGY IN AGRICULTURE  AS A WAY TO JUMP-START THE ECONOMY IN RURAL AMERICA. ALSO ON TRADE, THE UNITED STATES AND THE UNITED KINGDOM ARE SET TO  EXPLORE A POTENTIAL TRADE DEAL FOLLOWING A MEETING OF TRADE  OFFICIALS.  U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER MET WITH HIS BRITISH  COUNTERPART THIS WEEK TO DISCUSS THE GROUNDWORK FOR A POTENTIAL  BILATERAL TRADE AGREEMENT BETWEEN THE U.S. AND THE U.K., ACCORDING TO POLITICO. HOWEVER, ANY DEAL WITH THE U.K. CANNOT BE NEGOTIATED UNTIL  BRITAIN COMPLETES ITS EXIT FROM THE EUROPEAN UNION IN EARLY TO  MID-2019.  JUST FOUR PERCENT OF FOOD ITEMS IN THE U.K. ORIGINATED FROM NORTH  AMERICA .

ARKANSAS DICAMBA UPDATE
AN UPDATE NOW TO A STORY WE BROUGHT YOU WEDNESDAY. THE ARKANSAS PLANT BOARD TAKING ACTION ON DICAMBA DRIFT IN THE STATE. ACCORDING TO OUR PARTNERS AT AGWEB, THE PLANT BOARD APPEARING TO  VOTE IN FAVOR OF AN EMERGENCY BAN ON THE USE OF DICAMBA....HOWEVER A  PROCEDURAL HICCUP PUTTING IT BACK ON PAUSE UNTIL A NEW VOTE CAN BE  TAKEN. EVEN IF AN ALL OUT BAN IS ULTIMATELY PASSED IT STILL NEEDS APPROVAL FROM  THE GOVERNOR. AS OF JUNE 20, THE ARKANSAS AGRICULTURE DEPARTMENT HAD RECEIVED 135  DICAMBA DRIFT AND MISUSE COMPLAINTS ACROSS 17 COUNTIES. A PLANT DISEASE THAT'S DEVASTATING THE FLORIDA CITRUS INDUSTRY HAS NOW  APPEARED IN A NEIGHBORING STATE FOR THE FIRST TIME. THE ALABAMA  DEPARTMENT OF AGRICULTURE HAS CONFIRMED CITRUS GREENING HAS BEEN  FOUND ON A RESIDENTIAL PROPERTY ON DAUPHIN ISLAND, SOUTH OF MOBILE. STATE AND FEDERAL AG DEPARTMENTS WILL NOW DETERMINE HOW  WIDESPREAD IT MAY HAVE BECOME.

CITRUS GREENING
IN FLORIDA CITRUS GREENING SPREAD QUICKLY - REDUCING ORANGE  PRODUCTION BY 42-PERCENT SINCE 2005. THE DISEASE-CAUSING BACTERIA IS SPREAD BY THE ASIAN CITRUS PSYLLID. THE  INSECT WAS PREVIOUSLY FOUND IN ALABAMA IN 2008, BUT NO CITRUS GREENING  BACTERIA WAS DETECTED. OTHER THAN TREE REMOVAL, THERE IS NO KNOWN CURE OR EFFECTIVE  CONTROL FOR THE DISEASE ONCE A TREE IS INFECTED.

LOUISIANA COTTON BEFORE TROPICAL STORM CINDY
ALABAMA AND OTHER GULF COAST STATES ARE PREPARING FOR A SLOW MOVING  TROPICAL SYSTEM TO ROLL ACROSS THE SOUTH. THE BIGGEST IMPACTS EXPECTED IN PARTS OF TEXAS AND LOUISIANA INCLUDING  HIGH WINDS, UP TO 3 FEET OF STORM SURGE AND HEAVY RAIN OR FLOODING. SOME AREAS COULD SEE A FOOT OF RAIN OR MORE THIS WEEK ACROSS A WIDE  AREA--STRETCHING FROM TEXAS TO THE PANHANDLE OF FLORIDA. AS LOUISIANA GETS HIT WITH HEAVY RAIN FROM THE TROPICAL STORM, IT'S  ALREADY BEEN A RATHER WET SPRING. WHILE ONE CROP HAS ENJOYED IT, ANOTHER IS STRUGLING.  LSU AGCENTER'S  CRAIG GAUTREAUX REPORTS ON CORN AND COTTON BEFORE THE STORM. " A RAINY START TO JUNE VIRTUALLY GROUND WORK IN THE FIELDS TO A HALT, BUT THE WEATHER HASN'T HURT LOUISIANA'S CORN CROP, ACCORDING TO DAN FROMME, THE LSU AGCENTER CORN AND COTTON  SPECIALIST. DAN FROMME: THINGS ARE LOOKING VERY, VERY, PROMISING. SOME OF THE FARMERS ARE  ALREADY TALKING ABOUT THIS BEING ONE OF THE BEST CORN CROPS THEY'VE EVER HAD. FROMME CREDITS  AN EARLY START TO CORN PLANTING AND FAVORABLE WEATHER EARLY IN THE GROWING SEASON AS REASONS  FOR THE CROP'S SUCCESS. THE EARLY PLANTING MEANS AN EARLY HARVEST FOR THE CROP, WHICH MAY  MEAN COMPLETING THE HARVEST BEFORE THE PEAK OF HURRICANE SEASON. FROMME: WE MIGHT SEE  SOME OF THE COMBINES ROLLING IN THE FIELD AROUND THE MIDDLE OF JULY VERSUS AUG. 1. SO WE'RE  OFF TO AN EARLY START, AND IT LOOKS LIKE AN EARLY HARVEST AS WELL. COTTON PLANTING ALSO GOT OFF TO  AN EARLY START. SOME COTTON WAS PLANTED NEAR THE END OF MARCH, BUT FREQUENT RAINS IN APRIL  CAUSED PLANTING TO STOP AND INJURED SOME OF THE EARLY PLANTED COTTON. FROMME:  SEEMS LIKE  EVERY TIME WE GOT THE COTTON OUT THE GROUND, WE RECEIVED TOO MUCH RAIN, ESPECIALLY IF COTTON  WAS JUST COMING OUT THE GROUND. WE'VE HAD SOME REPLANTING. LOUISIANA FARMERS DID PLANT  MORE ACRES OF COTTON THIS YEAR THAN THE PAST FEW YEARS, BUT FROMME DOES NOT BELIEVE IT WILL  MEET SOME EARLY PROJECTIONS OF NEARLY 200,000 ACRES. FROMME: DRIVING ACROSS THE STATE  NOW, I THINK WE'RE GOING TO BE, IT'S PROBABLY AROUND 160 TO 170,000 ACRES, WHICH IS STILL ABOUT 35,000 ACRES MORE THAN THE 2016 CROP. ANOTHER CROP SEEING IT'S FOOTPRINT ACROSS THE STATE  DECREASE IS GRAIN SORGHUM. PROBLEMS WITH THE SUGARCANE APHID DISCOURAGED MANY GROWERS  FROM PLANTING IT. WITH THE LSU AGCENTER THIS IS CRAIG GAUTREAUX REPORTING." PRIOR TO THE STORM 91-PERCENT OF LOUISIANA'S CORN WAS GOOD TO  EXCELLENT. A THIRD OF THE CORN CROP IS AT DOUGH STAGE. 13 PERCENTAGE POINTS  AHEAD OF AVERAGE. AS FAR AS COTTON 67-PERCENT IS IN GOOD-TO-EXCELLENT CONDITION. AND  EIGHT PERCENT IS SETTING BOLLS.

CROP COMMENTS
IT'S STORM SEASON FOR GROWERS IN NORTH AMERICA. MIKE HOFFMAN HAS A LOOK IN TODAY CROP COMMENTS.  GOOD MORNING, CLINTON.  TIM VANDERLINDE FROM LAMBTON COUNTY, ONTARIO IS READY TO SIDEDRESS  WHENEVER MOTHER NATURE LETS HIM. HE SAYS THERE'S BEEN LOTS OF RAIN  ROLLING THROUGH THE AREA THE PAST COUPLE DAYS- 3 INCHES OVER THE  WEEKEND AND HE SAYS THERE LOOKS TO BE MORE ON THE WAY.  AND STEVEN SUGDEN FROM ADAMS, NEBRASKA SAYS THE CROPS IN THE AREA  HAVE BEEN THROUGH IT ALL! A DAY OF 60 MILE PER HOUR WINDS AND PEA SIZED HAIL AND ANOTHER STORY  WITH WINDS UP TO 80 MILES PER HOUR. HE SAYS THE CROPS ARE BOUNCING  BACK BUT PRODUCERS 35 MILES SOUTHWEST OF HERE NOT SO LUCKY.  AND NOW HERE ARE SOME HOMETOWN TEMPS.  VISIT FARM JOURNAL PRO.COM.  TRUSTED ANALYSIS, PROFESSIONAL INSIGHT. FARM JOURNAL  PRO.COM.

TEASE
UP NEXT SURVIVING THE WEATHER MARKETS THANKS TO NEW TOOLS FOR  TRADE.WE'LL DISCUSS AT THE AGRIBUSINESS DESK. PLUS FIND OUT HOW GROCERS ARE LEARNING MORE ABOUT THE PRODUCTS  THEY SELL - ESPECIALLY CHEESE - WHEN WE HEAD IN THE COUNTRY TO  WISCONSIN. GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY. 

AGRIBUSINESS
HERE AT THE AGRIBUSINESS DESK WITH BRIAN DOHERTY OF STEWART-PETERSON. OUR GUEST TODAY. LET'S  TALK ABOUT SOME OF THE MARKETING TOOLS AS WE KIND OF GET INTO THIS SUMMER TIME PERIOD WITH A  LOT OF THESE MARKETING DECISIONS NEED TO BE MADE. THERE ARE SOME NEW TOOLS OUT THERE  THINGS THAT WE CAN USE. THERE ARE YOU KNOW IF WE LOOK BACK JUST A LITTLE BIT WE GO BACK TO THE MID 80S, OPTIONS WERE  INTRODUCED. AND BEFORE THAT WAS JUST FUTURES BASED THINKING FUTURES ARE FORWARD CONTRACTING  WE'RE PRODUCERS TOOLS. HEDGE TO ARRIVES DEVELOPED AND THEN THINGS OPTIONS. WELL PROBABLY  THE LATEST ADDITION TO THAT TOOL BOX IS IS THE SHORT DATED OPTIONS. NOW FOR YOUR WATCHERS THE  SHORT DATED OPTIONS ARE OPTIONS THAT ARE BASED OFF A DECEMBER CORN FUTURES OR NOVEMBER  SOYBEAN FUTURES HOWEVER THEY HAVE A SHORTER WINDOW OF TIME. SO YOU'RE BUYING LESS TIME. A  LOT OF TIMES A FARMER WILL SAY GEEZ I WANT TO SELL SOME CORN BUT I WANT TO BUY A CALL OPTION TO  COVER THOSE SALES. HE LOOKS OUT TO DECEMBER AND SORT OF GULPS BECAUSE I DON'T REALLY WANT TO  PAY SIX OR EIGHT OR 10 MONTHS OF TIME VALUE AS WE HEAD IN THE SUMMER AND THINGS CAN GET  VOLATILE. THE SHORT DATED OPTIONS ARE SUCH A THING IS AN AUGUST SHORT DATED CALL OPTION SO IT'S  LIMITED IN TIME IT EXPIRES IN JULY. BUT YOU'VE GOT A MAJOR REPORT COMING OUT AT THE END OF THE  MONTH AND YOU'VE GOT A LOT OF WEEKENDS ESPECIALLY THAT FOURTH OF JULY WEEKEND WHERE YOU  COULD BE SIGNIFICANTLY HIGHER OR LOWER. IT'S A GREAT WAY TO MANAGE THAT PRICE VOLATILITY BY  SPENDING LESS MONEY ON A SHORT DATED OPTION THAN A LONG DATA. BUT YOU CAN CONVERT THAT INTO  THE FUTURES FOR THE LONG DATED. SO A LITTLE CONFUSING BUT GREAT TOOLS IF USED PROPERLY. YEAH. AND AS WE LOOK AT THIS VOLATILITY I MEAN WE KNOW YOU KNOW THAT IF YOU LOOK BACK EVEN  THE LAST YEAR YOU CAN GO WEEKEND AND HAVE THE MARKET COMPLETELY TURN AROUND. OH FOR SURE. LAST YEAR YOU MIGHT REMEMBER WE PEAKED AT 4:49 IN DECEMBER CORN. 13  CONSECUTIVE DOWN DAYS. LESS THAN WHAT TWO WEEKS WE WERE DOWN A DOLLAR. SO THINGS MOVE  IN THE MOVE QUICKLY. TYPICALLY THEY MOVE TO THE UPSIDE QUICKER THAN THEY MOVE TO THE  DOWNSIDE AS EVERYBODY WHO'S SHORT MAINLY FUNDS OR WHOMEVER HEADS FOR THE GATE AND  THINGS CAN MOVE. SO IF YOU'RE SELLING CORN INTO THIS RALLY AND ALL OF A SUDDEN YOU'VE GOT THE  FOURTH OF JULY WEEKEND LOOMING LARGE AND IT LOOKS LIKE THERE COULD BE YOU KNOW SOME  ADVERSE WEATHER. IT MIGHT BEHOOVE YOU TO LOOK INTO THE SHORT DATED OPTIONS IF YOU WANT  PROTECTION INTO THAT WINDOW OF TIME. ALL RIGHT. APPRECIATE IT.THANKS FOR THE ADVICE. WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE.

WEATHER
WELCOME BACK TO AGDAY OUR METEOROLOGIST MIKE HOFFMAN. AND MIKE  LOOKING AT THIS TROPICAL STORM CINDY STARTING TO COME ASHORE AND  BRING IN SOME HEAVY RAINS WITH IT RIGHT. THAT'S THE KEY RIGHT THERE. IT'S  NOT GOING TO BE A TROPICAL STORM FOR LONG WITH THOSE TROPICAL THAT  TROPICAL MOISTURE IS GOING TO REALLY HIT SOME PLACES. AND BESIDES  TROPICAL STORM CINDY WE ALSO HAVE A STORM SYSTEM UP THROUGH THE  MINNEAPOLIS AREA SOUTHEASTERN MINNESOTA THAT WILL BE PROGRESSING  EASTWARD. SO LET'S PUT THE MAPS INTO MOTION. THIS FRONT IN THE  SOUTHEAST WILL CAUSE A FEW SHOWERS AND THUNDERSTORMS BUT IT'S KIND  OF A MINOR SITUATION THERE. THERE'S THE REMNANTS OF CINDY MOVING RIGHT  UP THE LOUISIANA TEXAS BORDER AREA AND THAT'S WHERE THE FOCUS OF THE  HEAVY RAIN WILL INITIALLY BE. THIS IS GOING TO PRODUCE SOME PRETTY GOOD  RAINS AS WELL ACROSS PARTS OF THE CENTRAL GREAT LAKES AND IT WILL BE  ENDING ACROSS THE NORTHERN PLAINS AS WE HEAD THROUGH TIME HEADING  THROUGH TONIGHT. YOU CAN STILL SEE THOUGH SOME SHOWERS AND  THUNDERSTORMS WITH THAT SYSTEM MOVING THROUGH THE GREAT LAKES BUT  IT WILL BE A POCKET IT LOOKS LIKE WITH CINDY OF INTENSE TROPICAL RAINFALL  IT LOOKS LIKE IT GOES RIGHT ACROSS CENTRAL ARKANSAS AND AS IT CONNECTS  WITH THIS FRONT THEN IT WILL START TO ZIP OFF A LITTLE MORE QUICKLY TO THE EAST SO YOU CAN SEE AS WE HEAD THROUGH THE DAY TOMORROW. THERE  IT GOES RIGHT INTO WESTERN TENNESSEE AND RIGHT UP ALONG THE KENTUCKY  TENNESSEE BORDER NEAR BOWLING GREEN THERE. HEAVY HEAVY RAIN.  TROPICAL RAINS WITH THIS IT CAN JUST PUT IT DOWN IN BUCKET LOADS. HOPEFULLY IT'LL BE MOVING QUICKLY THOUGH ALONG THAT FRONT AND IT  DOESN'T SIT OVER ONE AREA TOO LONG. AND SEE MOST OF THE WESTERN  AREAS CONTINUE TO BE DRY AND OF COURSE IT IS VERY HOT IN THE WESTERN  PORTIONS OF THE COUNTRY. PRECIPITATION ESTIMATES OVER THE PAST 24  HOURS. LIKE WE TOLD YOU YESTERDAY WE'VE ALREADY SEEN SOME HUGE  AMOUNTS OF RAIN. PARTS OF THE GULF COAST FROM THE PANHANDLE OF  FLORIDA ALL THE WAY THROUGH LOUISIANA. THERE'S WHERE CINDY IS COMING  ASHORE THOUGH AND SO THAT'S GOING TO BE THAT POCKET OF INTENSE RAINS  AND A LOT OF TIMES THESE TROPICAL RAINS ARE EVEN HEAVIER THAN OUR  COMPUTER MODELS SHOW. BUT IT'S ALREADY SHOWING FOUR FIVE SIX INCHES  OF RAIN IN PARTS OF NORTHERN LOUISIANA SOUTHERN PORTIONS OF  ARKANSAS. AND LIKE WE SHOWED YOU THAT SYSTEM IS GOING TO CONTINUE TO  TRACK EASTWARD IT'S SHOWING SOME PRETTY HEAVY AMOUNTS ALREADY INTO  KENTUCKY AND TENNESSEE OVER THE NEXT 36 HOURS. THERE'S THE HIGH  TEMPERATURES THIS AFTERNOON IT STARTS TO HEAT UP ALONG THAT AHEAD OF  THAT NEXT COLD FRONT. AND LOOK AT ALL THE TRIPLE DIGITS IN THE  SOUTHWEST. MUCH OF THE RIO GRANDE VALLEY LOWS TONIGHT GOING TO BE  MUGGY SOUTH OF ALL THE FRONTS PRETTY COOL NORTH. LOOK AT THAT 53 IN  BISMARCK 50 IN RAPID CITY. BUT LOOK AT THE TRIPLE DIGITS THERE IN THE RIO  GRANDE VALLEY BACK INTO THE DESERT SOUTHWEST. THERE IS THE JET  STREAM. REMNANTS OF CINDY WITH THAT LITTLE TROUGH THERE BUT THE  TROUGH JUST KIND OF REMAINS OVER THE NORTHEASTERN PLAINS GREAT  LAKES IN THE NORTHEAST THROUGH THE WEEKEND THROUGH MOST OF NEXT  WEEK. WHEN WE START TO GO A LITTLE MORE ZONAL IT LOOKS LIKE BY THE  LATTER PARTS OF NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL  FORECASTS. WE HAD TO POCATELLO IDAHO FIRST OF ALL LOTS OF SUNSHINE  AND PLEASANT HIGH OF 80 DEGREES. PINE BLUFF ARKANSAS ALL REMNANTS OF  CINDY. CLOUDY WITH RAIN HEAVY MUCH OF THE TIME HIGH TEMPERATURE OF 81  AND WHEELING WEST VIRGINIA THUNDERSTORM IN SPOTS. HIGH OF 85

TEASE
WE'LL CHECK ON FEEDER PRICES AND THE LATEST IN THE BRAZIL  SCANDAL...NEXT ON DROVERS TV. AND LATER, WE'RE OFF TO THE DAIRY STATE TO LEARN THE KEYS TO QUALITY  CHEDDAR--AND OTHER FINE CHEESES. IT'S A COLLEGE COURSE AIMED AT THE  PERFECT PALATE.

DROVERS TV
ON DROVER'S TV, BRAZILIAN BASED JBS IS LOOKING TO RAISE MONEY  FOLLOWING AN RECENT AGREEMENT TO FINES ASSOCIATED WITH A BRIBERY  SCANDAL IN BRAZIL. THE COMPANY LOOKING TO OFF LOAD NEARLY 2 BILLION DOLLARS IN  HOLDINGS  INCLUDING FIVE RIVERS CATTLE FEEDING IN NORTH AMERICA. FIVE RIVERS HAS A CAPACITY OF NEARLY 1 MILLION HEAD WITH LOCATIONS IN  COLORADO, KANSAS, OKLAHOMA, TEXAS, ARIZONA, IDAHO, AND CANADA. ANALYSTS SAY SELLING A FEEDING OPERATION IS MUCH LESS DISRUPTIVE TO  THE INDUSTRY THAN SHUTTING DOWN A SLAUGHTER FACILITY. ALSO ON JBA, BRAZIL'S PRESIDENT IS NOW SUING THE FORMER JBS BOARD  CHAIRMAN AND MAJORITY SHAREHOLDER.  PRESIDENT MICHEL <MEE'-SHELL> TEMER FILED TWO LAWSUITS THIS WEEK  AGAINST JOESLEY BATISTA FOR SLANDER AND MORAL DAMAGES, AFTER BATISTA  WAS QUOTED IN AN INTERVIEW SAYING TEMER IS "THE HEAD OF THE MOST  DANGEROUS CRIMINAL ORGANIZATION IN BRAZIL."  J&F, THE COMPANY CONTROLLING JBS AND OWNED BY THE BATISTA FAMILY,  CLOSED A PLEA BARGAIN DEAL WITH BRAZILIAN PROSECUTORS TO SETTLE  CORRUPTION CHARGES EARLIER THIS MONTH.  CATTLE FEEDING MARGINS SLIPPING AGAIN THIS WEEK--OFF ABOUT 90 DOLLARS  PER HEAD ACCORDING TO THE STERLING BEEF PROFIT TRACKER. PROFITS HOWEVER HOLDING AT 400-DOLLARS ON A CASH BASIS. THAT MAKES 30 STRAIGHT WEEKS IN THE BLACK. THE JOPLIN REGIONAL STOCK YARD SHOULD HAVE A GOOD PEG ON PRICES  LATER TODAY AS IT SELLS 6-THOUSAND HEAD OF STOCKERS. THE BOARD A YEAR AGO WAS 1.23 SO WE'RE ALMOST 20 DOLLARS HIGHER. AND I WOULD SAY BY  THURSDAY MORNING IT WILL PROBABLY BE A LITTLE BIT BETTER. BUT YOU KNOW EVERYONE DOES A GOOD  JOB OF RAISING THOSE AND SOMETHING THAT  I LEARNED A FEW YEARS AGO IS THERE'S PROBABLY SOME  THINGS MORE IMPORTANT IN LIFE THAN WHAT YOUR CATTLE BRING. YOU HAVE TO DO THE BEST JOB RAISING  THEM THAT YOU CAN IF YOU DON'T HAVE YOUR CATTLE FORWARD CONTRACTED THEN YOU'RE SUSCEPTIBLE TO  SOMETHING LIKE THIS HAPPENING. HE SAYS IN THE LAST THREE WEEKS PRICES HAVE FALLEN FROM THE 1.60'S INTO  THE 1.40 PER HUNDRED WEIGHT. AND DON'T FORGET TO HELP RANCHERS IN THE SOUTHERN PLAINS IMPACTED BY  SPRING WILDFIRES. WE'RE STILL WORKING TOWARD OUR GOALS IN THE MILLION DOLLAR WILDFIRE  CHALLENGE. SO FAR, MORE THAN 600-THOUSAND HAS COME IN FROM FOLKS ACROSS THE  COUNTRY..TO HELP REBUILD THOUSANDS OF MILES IN LOST FENCING. IF YOU'D LIKE TO LEARN MORE, GO TO WILDFIRE RELIEF FUND DOT ORG.

TEASE
AND NEXT, BECOME A GRADUATE OF GOUDA--A MASTER OF MONTERAY JACK...IT'S  CHEESE COLLEGE IN WISCONSIN AFTER THE BREAK.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE.  VISIT KUBOTA.COM TODAY. IT TAKES YEARS OF TRAINING TO BECOME A CERTIFIED MASTER CHEESEMAKER.  AND IN WISCONSIN YOU WEAR THAT TITLE AS A BADGE OF HONOR.  BUT WHAT IF  YOU DON'T WANT TO MAKE CHEDDAR, GOUDA, OR MONTEREY JACK. INSTEAD  YOU JUST WANT TO KNOW A LOT ABOUT CHEESE-MAKING AND USE THAT  KNOWLEDGE IN THE RETAIL SECTOR? THE UNIVERSITY OF WISCONSIN OFFERS SUCH A CLASS. IN THIS VIDEO  PROVIDED BY THE WISCONSIN MILK MARKETING BOARD, WE SEE HOW YOU CAN  BECOME TOTALLY IMMERSED IN CHEESE. EVERY YEAR, THE CENTER FOR DAIRY RESEARCH OFFERS THE "WORLD OF  CHEESE" COURSE. IT'S A GENERAL EDUCATION COURSE FOR PEOPLE WHO DON'T  NECESSARILY WANT TO MAKE CHEESE, BUT DESIRE A HANDS-ON COURSE TO  GAIN BASIC KNOWLEDGE OF CHEESEMAKING! JOANNE GAUTHIER, OUTREACH  SPECIALIST CENTER FOR DAIRY RESEARCH MADISON, WI "YOU REALLY GET A  GOOD SENSE OF HOW MANY DIFFERENT TYPES OF CHEESE ARE OUT THERE, AND  ALSO WHAT'S A GOOD CHEESE. SO THERE'S JUST ENOUGH SCIENCE AND JUST  ENOUGH TASTING AND TOURS TO REALLY MAKE IT ALL VERY INTERESTING AND  GIVE A GOOD OVERVIEW OF CHEESEMAKING AND CHEESE." THIS COURSE WAS  EXACTLY WHAT MICHELLE LOVE NEEDED. "IN MERCHANDISING, I'M ALSO  MERCHANT HEB GROCERY COMPANY HOUSTON, TX TRAINING MY EMPLOYEES ON  CHEESEMAKING, HOW TO SELL CHEESE, HOW TO CHECK IN CHEESE, I MEAN, A-Z."  THE FIVE-DAY COURSE IMMERSES ATTENDEES IN MANY ASPECTS OF CHEESE  INCLUDING CHEESEMAKING, CHEESE GRADING AND EVALUATION,  MERCHANDISING AND DISPLAY, AND PACKAGING FUNDAMENTALS. JOANNE  GAUTHIER, OUTREACH SPECIALIST CENTER FOR DAIRY RESEARCH MADISON, WI  "I THINK WE'RE THE ONLY PROGRAM THAT REALLY OFFERS THE EXPERTISE AND  EXPERIENCE. THE PEOPLE THAT WE HAVE WORKING AT THE CENTER, HAVE BEEN  WORKING IN RESEARCH AND INDUSTRY FOR YEARS AND YEARS AND YEARS, AND  THEY LOVE TO SHARE THAT PASSION WITH THE FOLKS WE HAVE COMING TO THE  COURSES." IN TURN, PEOPLE WHO ATTEND THE COURSE CAN SHARE THE  WISCONSIN CHEESE STORY AND THE PASSION WISCONSIN HAS FOR ITS  SIGNATURE PRODUCT. "I'VE GOT PEOPLE FROM EVERYWHERE, SO INTRODUCING  THEM TO U.S. CHEESE, ARTISAN CHEESES IS REALLY GOOD. WE'RE REALLY BIG  ON TO THE SARTORI AND PROMOTING THEM AND MOST OF THE WISCONSIN  CHEESES, WE'VE GOT A LOT OF THEM. " AND THAT'S WISCONSIN DAIRY NEWS.

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. AGDAY IS POWERED BY RAM TRUCKS - AMERICA'S LONGEST LASTING PICKUPS.  

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