AgDay Daily Recap - June 30, 2017

June 30, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JUNE 30, 2017


HEADLINES
IT'S REPORT DAY-- A PREVIEW OF USDA'S JUNE ACREAGE. COULD SOYBEANS DOMINATE U.S. ACREAGE FOR THE SECOND TIME IN HISTORY? "THAT'S ONLY HAPPENED ONE OTHER TIME IN 1983," WE DROPPED ABOUT 20 PERCENT OF OUR CORN ACRES AND JUST WENT TO BEANS." IN AGRIBUSINESS... PREPPING THE MARKET REACTION. LEARNING ABOUT FUSARIUM IN WHEAT WITH AGRONOMIST PHIL NEEDHAM. AND THIS AUTONOMOUS GOLF CART COULD BE THE MILK MAN OF THE FUTURE AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.

ALLENDALE OUTLOOK
GOOD MORNING I'M CLINTON GRIFFITHS. USDA NUMBER CRUNCHERS WILL BE IN "LOCK-UP" THIS MORNING AS IT FINALIZES THE DATA OF TWO MAJOR REPORTS. THE AG DEPARTMENT RELEASES THE HIGHLY ANTICIPATED JUNE ACREAGE AND QUARTERLY GRAIN STOCKS REPORTS AT NOON EASTERN. ACREAGE ESTIMATES USUALLY GET THE MOST CHATTER IN THE TRADE, INCLUDING DISCUSSIONS ON WHETHER SOYBEANS WILL SURPASS CORN. AND DID PLANTING CHALLENGES AFFECT ESTIMATES FROM USDA'S PROSPECTIVE PLANTINGS REPORT IN MARCH? IN ITS PRE-REPORT OUTLOOK ALLENDALE INCORPORATED SAID IT EXPECTS THE USDA FORECAST WILL NOT SHOW A MAJOR SHIFT FROM THE MARCH 30THESTIMATE. THE ANALYTICS FIRM EXPECTS THE AG DEPARTMENT WILL FORECAST JUST OVER 90-MILLION ACRES OF CORN AND 89-POINT-NINE-MILLION ACRES OF SOYBEANS. BUT OTHER MARKET ANALYSTS SAY THE GRAIN STOCKS REPORT -AND NOT THE ACREAGE -IS MORE LIKELY TO GIVE    THE MARKET SOME MOVEMENT. RICH NELSON - WHO IS THE CHIEF STRATEGIST FOR ALLENDALE - SAYS IN 11 OF THE LAST 15 YEARS, CORN HAS HAD A NEGATIVE PRICE REACTION FROM THE JUNE REPORTS.

ACREAGE REPORT PREVIEW
AS I SAID, USDA FORECAST A RECORD AMOUNT OF SOYBEAN ACRES BACK IN MARCH, ALMOST EVEN WITH ANTICIPATED CORN ACRES. YET WILD WEATHER COULD BE DRIVING MORE BEANS INTO THE GROUND...ESPECIALLY OUT EAST. BETSY JIBBEN REPORTS FROM THE FIELDS OF TWO EASTERN CORN BELT STATES. THE EASTERN CORN BELT HAD A WET AND DIFFICULT SPRING WITH PLANTING DATES RANGING FROM APRIL TO JUNE. "ONE WORD COULD DESCRIBE THIS GROWING SEASON THUS FAR AND THAT'S CHALLENGE,"NORTHWEST OHIO FARMER KENT EDDY KNOWS THE WORD WELL... REPLANTING MULTIPLE TIMES IN CERTAIN FIELDS... "UP TO THREE TIMES, YEAH. THAT'S NOT UNCOMMON." EVEN SWITCHING SOME CORN TO BEANS. "WE DROPPED ABOUT 20 PERCENT OF OUR CORN ACRES AND JUST WENT TO BEANS." BACK IN MARCH, USDA PROJECTED SOYBEAN ACRES THIS YEAR TO BE AT HISTORIC LEVELS - AT 89.5 MILLION ACRES - ROUGHLY 500 THOUSAND ACRES LESS THAN CORN NOW THE DEBATE IS WHETHER THE NEXT REPORT COULD SHOW IF SOY WILL DOMINATE FOR THE SECOND TIME IN RECORDED HISTORY. "THAT'S ONLY HAPPENED ONE OTHER TIME IN 1983, AND THAT WAS THE YEAR WHEN THE PAYMENT AND KIND PROGRAM WHERE THE FEDERAL GOVERNMENT PAID FARMERS TO NOT PLANT UP TO 25 PERCENT OF THEIR ACREAGE THAT YEAR DUE TO BIG SURPLUSES IN THE UNITED STATES. ""IN MY OPINION, YOU WILL STILL HAVE MORE BEAN ACRES THAN CORN ACRES, BUT I'M NOT SEEING A GIGANTIC SWITCH BY ANY MEANS. I COULD SEE A 90 AND A QUARTER TO 90 AND A HALF ON SOYBEAN WHEREAS CORN WILL COME IN BELOW WHERE INTENTIONS WERE BUT NOT SIGNIFICANTLY BELOW." THE DISCUSSION VARIES BETWEEN DIFFERENT AREAS OF THE CORN BELT. CROP INSURANCE ADJUSTERS IN NORTHWEST OHIO SAY THEY HAVE NOT PROCESED MANY ACREAGE REPORTS YET, BUT ESTIMATE MORE BEAN ACRES. "60-40, 64-35, IT'S A GUESS. BUT YEA, WE'RE SEEING SUBSTANCIALLY MORE BEANS THAN CORN," YET WILLIAMSON ESTIMATES AT LEAST A THIRD OF CORN ACRES IN NORTHWEST OHIO HAVE BEEN REPLANTED DUE TO A SOGGY SPRING. "AT THIS TIME, WE HAVE OVER 17-HUNDRED REPLANT CLAIMS FILED RIGHT NOW," HOWEVER, HE SAYS NOT AS MANY FIELDS WENT TO BEANS AS HE ANTICIPATED. THE CROP INSURANCE RULES ARE CLEAR  THAT IF YOU TEAR UP A CORN FIELD AND PLANT IT TO BEANS INSTEAD, THEN THE INSURANCE IS NOT ATTACHED ON THAT CORN AND THERE'S NO PREMIUM OR COVERAGE FOR IT. AND THEN THE BEAN CROP IS INSURED, ASSUMING YOU HAVE BEANS INSURED. 33" OVER IN INDIANA, KOKOMO GRAIN IS PREPARING FOR A HARVEST, WITH THE THOUGHTS OF POTENTIALLY HAVING MORE SOYBEANS IN STORAGE THAN IN THE PAST. "WITH THE WET WEATHER WE'VE HAD, I THINK WE HAVE LESS CORN ACRES AND MORE BEAN ACRES THAN WHAT WAS ORGINALLY INTENDED." SILVER IS ALSO IN THE CROP INSURANCE BUSINESS. HE SAYS REPLANT CLAIMS THIS YEAR ARE THE HIGHEST HE'S EVER SEEN TOO. "WE'VE HAD HUNDREDS AND ACTUALLY LTHOUSANDS OF ACRES BY  INDIVIDUALS AND THEIR OPERATIONS REPLANTED THIS YEAR AND THAT'S JUST NOT THE NORMAL SITUATION FOR INDIANA." AS EASTERN CORN BELT FARMERS ADJUST TO THE WEATHER.... AND WORK THROUGH A PUZZLING MARKET... "TO ME IT DOES NOT MAKE SENSE LOOKING AT WHAT I SEE AND HEAR THAT CORN IS WHERE IT'S AT PRICE WISE AND BEANS EVEN. THERE ARE SO  MANY SMALL BEANS," THEY HOPE THE WINDOW FOR HARVEST WON'T BE AS SMALL AS IT WAS FOR PLANTING. REPORTING IN CENTRAL INDIANA AND NORTHWEST OHIO, I'M BETSY JIBBEN. THANKS BETSY. HURT SAYS TRADE EXPECTATIONS ANTICIPATE THE U.S. COULD    SEE 100 TO 200 THOUSAND FEWER ACRES OF CORN AND 400 TO 500 THOUSAND MORE ACRES OF SOYBEANS.

CANADIAN PLANTING STATISTICS
DATA FROM CANADA'S VERSION OF "NASS" SHOWS SOYBEAN PLANTINGS ARE HITTING A NEW HIGH. STATS-CAN IS FORECASTING SEVEN-POINT-THREE MILLION ACRES.  THAT'S UP 33-PERCENT FROM LAST YEAR. NEARLY HALF OF THE CANADIAN SOYBEAN CROP IS GROWN IN ONTARIO WHICH IS UP 14-PERCENT IN SOY SEEDINGS. MEANWHILE CANOLA HAS SURPASSED WHEAT SEEDINGS FOR THE FIRST TIME. STATS-CAN SAYS CANADIAN FARMERS EXPECT TO PLANT A RECORD HIGH 22-POINT-EIGHT MILLION ACRES OF CANOLA IN 2017. THAT'S AN INCREASE OF 12-PERCENT OVER LAST YEAR. LIKE THE U-S CANADIAN FARMERS ARE REDUCING THEIR WHEAT ACREAGE.  IT COMES IN AT 22-POINT-FOUR FOUR MILLION ACRES. THAT'S A FOUR PERCENT DROP FROM 2016. DURUM WHEAT SAW THE BIGGEST DECREASE. BUT SPRING WHEAT SOWINGS ARE ACTUALLY HIGHER.

DROUGHT MONITOR
THE DROUGHT PICTURE IN NORTH DAKOTA GREW BLEAKER THIS WEEK. A QUARTER OF THE STATE IS NOW IN D-3 OR EXTREME DROUGHT CONDITIONS. IT WAS EIGHT PERCENT LAST WEEK. FOR SOME PERSPECTIVE TO SHOW HOW QUICKLY IT CAN CHANGE, THIS SECOND MAP SHOWS WHAT NORTH DAKOTA LOOKED LIKE AT THE BEGINNING OF APRIL...BARELY ANY DRY SPOTS. AND WIDESPREAD DRYNESS NOW COVERS MUCH OF   NEBRASKA. ABOUT TWO THIRDS OF THE STATE IS NOW IN ABNORMAL DRYNESS.

CROP COMMENTS
SPEAKING OF THE WEATHER,  WE TURN IT OVER TO MIKE HOFFMAN FOR A LOOK AROUND THE COUNTRY AND TODAY'S CROP COMMENTS. THANKS CLINTON. LET'S START OFF IN HEADLAND, ALABAMA. THIS PRODUCER SAYS MAJORITY OF CORN IS ALREADY IN THE DENT STAGE AND THE YIELD LOOKS TO BE IN THE MID-200S AS WELL. USDA DOES NOT LIST THE CORN CONDITION IN ALABAMA SINCE IT ISN'T ONE OF THE TOP 18 CORN PRODUCING STATES. THE DEPARTMENT WILL RELEASE A NEW CROP PROGRESS REPORT ON WEDNESDAY. MOVING NORTH, TO JACKSON COUNTY, MINNESOTA, DARREN FISCHER SENDING US A PICTURE AFTER A STORM EARLIER IN THE WEEK. HE RECEIVED NEARLY 4 INCHES OF RAIN- WHILE OTHERS AROUND HIM RECIEVED LESS. HE SAYS THE DRAINAGE DITCHES ARE SO FULL IN THE AREA. AND NOW HERE ARE SOME HOMETOWN TEMPS.

TEASE
WE'LL GET A PREVIEW OF TODAY'S BIG ACREAGE REPORT AND HOW IT COULD IMPACT MARKETS...THAT'S NEXT IN ANALYSIS. FROM CITY STREETS TO COUNTRY ROADS, COULD AUTONOMOUS VEHICLES BE THE DELIVERY SYSTEM OF THE FUTURE. WE'LL RIDE ALONG AS DEVELOPERS TEST THE TECHNOLOGY FOR A LOCAL SUPER MARKET.

HOGS AND PIGS REPORT
U-S HOG PRODUCERS ARE SHOWING LITTLE TREPIDATION ABOUT EXPANDING THEIR HERDS. THE QUARTERLY HOGS AND PIGS REPORT SHOWS THE NATION'S INVENTORY AT 71-POINT-SEVEN MILLION HEAD. THAT'S THREE PERCENT HIGHER THAN A YEAR AGO. THE AG DEPARTMENT SAYS THIS IS THE HIGHEST JUNE FIRST INVENTORY SINCE 1964. BREEDING INVENTORY CLIMBED TWO PERCENT. MARKET INVENTORY UP FOUR PERCENT.

FLOOR OF THE CME
IN AGRIBUSINESS...SPRING WHEAT ON A MAJOR TEAR THURSDAY FOLLOWING THE LATEST DROUGHT MONITOR. LETS SEE HOW THE REST OF THE MARKETS CLOSED...FROM THE FLOOR OF THE CME. THE STORY OF THE DAY IS THE WHEAT MARKET JUST AS IT HAS BEEN THROUGHOUT THE WEEK. IT SKYROCKETED HIGHER ABOVE TECHNICAL RESISTANCE LEVELS. LOOKING AT CHICAGO WHEAT, THE BIG LEVEL WE'RE LOOKING AT IS 5.02 ON A CLOSING BASIS. THIS IS THE FEBRUARY 16TH HIGHS. IF WE'RE ABLE TO GET CONSECUTIVE ABOVE THAT, I SUSPECT THIS RALLY WILL CONTINUE. IT SOUNDS LIKE THINGS DONT LOOK QUITE AS GOOD AS THEY DO FROM THE ROAD. THAT COULD CONTINUE TO SUPPORT THIS MARKET AS MINNEAPOLIS IS REALLY THE LEADER AS WE'VE SEEN THIS ON A STRAIGHT UP SHOOT THE PAST WEEK OR SO. NOW TO WRAP THINGS UP WITH THE LEAN HOGS, WE'RE TRADING WIDE RANGES 78 TO 80 FOR THAT AUGUST CONTRACT. WE'RE MAKING A LITTLE BIT OF A CONSOLIDATION. WITH A LITTLE BIT LOWER HIGHS AND HIGHER LOWS. STILL WIDE RANGES BUT I SUSPECT THOSE RANGES TO TIGHTEN UP A LITTLE BIT AND GIVE US A BREAK OUT OR BREAK DOWN DEPENDING ON WHAT WE SEE NEXT WEEK.

AGRIBUSINESS
WE'VE GOT MATT BENNETT BENNETT CONSULTING OUR GUEST HERE AT AGRIBUSINESS DESK. MATT LET'S TALK ABOUT THIS ACREAGES REPORT COMING OUT THIS WEEK. BOY THERE'S A LOT OF EYES ON IT. LOT OF ANTICIPATION WHAT DO YOU THINK. IT'S BEEN AN INTERESTING YEAR. YOU KNOW WHENEVER YOU COME OUT WITH PLANTING INTENTIONS AND CORN AND BEANS WE'RE AWFULLY CLOSE REALLY CLOSE AS WE'VE EVER SEEN YOU KNOW. AND PEOPLE ARE SPECULATING ON WHAT DO YOU THINK WILL END UP WITH MORE BEING ACRES AND CORN ACRES OF LAND IF WE WERE EVER GOING TO HAVE THE TYPE OF SPRING THAT WOULD SUGGEST THAT YOU WOULD ACTUALLY GET MORE GREEN ACRES AND CORN ACRES THAT WOULD BE THIS SPRING. SURE. SO YOU KNOW THERE WAS A LOT OF REPLANTING DONE. SOME FOLKS ENDED UP HAVING TO GIVE UP ON CORN. THE PRESUMPTION IS THAT THEY WENT AHEAD AND PLANTED SOYBEANS. I THINK THAT THERE'S GOING TO BE MORE SOYBEAN ACRES THAN CORN ON THIS REPORT BUT MAYBE NOT QUITE AS MUCH AS WHAT    SOME PEOPLE THINK. I DO THINK YOU'LL SEE A 90 IN FRONT OF THE SOYBEAN ACRES AND I THINK CORN ACRES WILL PROBABLY BE BELOW INTENTIONS BUT NOT SIGNIFICANTLY BELOW AND I'M YOU KNOW LOOKING FOR AROUND 180 COMBINED. IS THERE ANYTHING THAT YOU EXPECT OUT OF THIS REPORT AND IF THOSE SCENARIOS HAPPEN YOU EXPECT ANY KIND OF MOVEMENT MARKET WISE. I FEEL LIKE THIS CORN CROP AGRONOMICALLY HAS SOME ISSUES. SO IF YOU THROW LOW ACREAGE NUMBER WITH IT I THINK THAT YOU'RE BUILDING THE CASE THAT AT SOME POINT DURING THIS GROWING SEASON MAYBE LATER YOU COULD BE PUTTING TOGETHER A RALLY POTENTIAL SIMPLY BECAUSE YOU STARTED SCALING BACK ON ACREAGE AND YOU KNOW AS WELL AS I DO THAT IT PUTS MORE PRESSURE ON THE YIELD TO BE EVEN BETTER. SO THE ONLY THING THAT SCARES ME IS IF YOU TAKE SOYBEAN ACRES ABOVE 90 IS THE SOYBEAN MARKET BE KIND OF AN ANCHOR FOR THE CORN MARKET. SO THERE'S A LOT OF IMPLICATIONS THERE. YEAH. WHAT DID THE STANDS LOOK LIKE IN YOUR AREA. I KNOW CERTAIN POCKETS IT'S PRETTY SKETCHY AND IT WAS A TOUGH YEAR TO GET OUT OF THE GROUND FOR BASICALLY MY ENTIRE DRIVE FROM WHERE I'M AT UP TO SOUTH BEND. I SAW NOT MUCH UNIFORMITY. YOU KNOW THERE'S A LOT OF VARIABILITY AND STANDS A LOT OF FIELDS THAT KIND OF HAVE WAVY LOOK WHENEVER YOU GET UP ON TOP OF THE OVERPASS AND THE END ON THE INTERSTATE I DO THINK THAT THERE'S A LOT OF ISSUES WITH STAND COUNTS. SO BOTTOM LINE I THINK THAT THE CORN CROP IS PROBABLY LIMITED. YOU KNOW I THINK THAT YOU PROBABLY TAKE IN 10 TO 15 PERCENT OFF THE TOP END YIELD BUT IF YOU GET IDEA WHETHER YOU COULD STILL HAVE A DECENT CORN CROP. YEAH YEAH. WELL THERE'S A LOT OF VARIABLES LEFT OUT THERE WE'LL BE WATCHING IT THIS WEEK APPRECIATE MATT WE'LL BE BACK WITH MORE AGDAYIN JUST A MINUTE.

WEATHER
WELCOME BACK TO AGDAYHERE WITH METEOROLOGIST MIKE HUFF AND MIKE AS WE LOOK AT THIS DROUGHT MONITOR YOU CAN KIND OF REALLY SEE WHERE IT'S STARTING TO DRY  OUT AND OF COURSE THIS IS THE LONG TERM DROUGHT MONITOR AND FLORIDA'S CHANGE SO MUCH OVER THE LAST FOUR MONTHS. IT'S AMAZINGLY BETTER. BUT LIKE YOU SAID SOME OF THE PLAINS JUST STARTING TO SHOW DRYNESS AND THAT IS A CONCERN BECAUSE THAT CAN GET WORSE PRETTY FAST. SO WE'RE REALLY CONCERNED ABOUT THE HIGHPLAINS AS YOU CAN SEE THE WESTERN PLAINS SO TO SPEAK ESPECIALLY THE DAKOTAS EASTERN MONTANA AND EVEN NEBRASKA PARTS OF KANSAS OKLAHOMA PANHANDLE OF TEXAS THOSE AREAS ARE GETTING DRYER. AND FOR IT TO START SHOWING UP IN THE DROUGHT MONITOR THAT MEANS THE TOPSOIL IS PROBABLY GETTING PRETTY DRY. BUT IF WE GO BACK A MONTH LOOK AT HOW MUCH RED THERE WAS STILL OVER FLORIDA SOUTHERN GEORGIA BUT PROCEEDING OVER THE NEXT OVER THE LAST FOUR WEEKS YOU CAN SEE HOW THINGS HAVE JUST GONE AWAY IN THE SOUTHEAST AND THEY'VE EXPANDED IN THE NORTHERN PLAINS. SO THAT IS THE BIGGEST CONCERN. BUT AGAIN WE'RE STILL SEEING SOME OF THOSE JUST DRIER AREAS STARTING TO SHOW UP AND THAT'S A CONCERN AS WELL. MOST OF   THE MOISTURE IS EAST OF THE HIGH PLAINS AS WE HEAD THROUGH TODAY. COUPLE OF STORM SYSTEMS THROUGH THE NORTHERN TIER OF STATES WILL BE THE FOCUS FOR SOME SHOWERS AND THUNDERSTORMS THERE WILL BE HIT AND MISS VARIETY THROUGH THE SOUTHEAST THOUGH IN THE WARMER MORE HUMID AIR AND YOU CAN SEE AS WE HEAD THROUGH TIME TONIGHT. PRETTY GOOD AREA OF SHOWERS AND STORMS EXPECTED NEAR THE RED RIVER VALLEY THERE IS THAT STORM SYSTEM COMES ALONG A COLD FRONT AND HEADING THROUGH THE DAY TOMORROW. THEN YOU WILL SEE THIS FORM IN THE ONE FRONT FARTHER NORTH. SHOWERS AND THUNDERSTORMS IN THE EAST. MOST OF THIS AS WE HEAD INTO THIS HOLIDAY WEEKEND. MOST OF THE PLAIN STATES ANYWAY AND THE OHIO VALLEY INTO THE GREAT LAKES GOING TO BE DRY THROUGH THE NEXT COUPLE OF DAYS. BUT THE SOUTHLAND EASTERN AREAS STILL GOING TO GET SOME MOISTURE AS WE HEAD INTO THE FIRST PART OF THIS HOLIDAY WEEKEND. THERE'S A PRECIPITATION ESTIMATE OVER THE PAST 24 HOURS. THERE HAVE BEEN SOME POCKETS OF HEAVY STUFF. CENTRAL PLAINS ALSO DOWN ALONG THE GULF COAST ADDING IN THE NEXT 36 HOURS. YOU CAN SEE THE TROPICAL MOISTURE IN THE SOUTHEAST KIND OF WEAKENS AS IT MOVES OFF TOWARD THE NORTHEAST BUT THERE'S STILL GOING TO BE SOME POCKETS INCLUDING SOME IN NEW ENGLAND SOUTHERN GREAT LAKES   DOWN IN OKLAHOMA. THEY GET A LOT OF RAIN OVER THE NEXT 36 HOURS OR SO. THE HEAT IS ON OVER TEXAS LOTS OF 90S AND 100S. A LITTLE BIT MORE COMFORTABLE FARTHER NORTH AND YOU CAN SEE LOWS TONIGHT INTO THE 50S FOR THE NORTHERN PORTIONS OF THE PLAINS NORTHERN GREAT LAKES. PRETTY MUGGY THROUGHOUT THE NORTHEAST THOUGH AS YOU CAN SEE AND HIGH TEMPERATURES TOMORROW. MOST OF THE 90SCONFINED TO THE SOUTHLAND 80SALL THE WAY UP INTO THE OHIO VALLEY. BUT THESE ARE COMFORTABLE NUMBERS FOR THE NORTHERN PLAINS AND THE GREAT LAKES ALL BECAUSE OF THIS TROUGH THAT CONTINUES TO KIND OF SIT THERE AS WE HEAD THROUGH THE FIRST PART OF THIS WEEKEND THEN IT STARTS TO WEAKEN AND YOU CAN SEE IF WE GO ZONAL FOR A LITTLE WHILE BUT AS WE HEAD INTO NEXT WEEK IT LOOKS LIKE MORE OF A REDS DEVELOPING OUT WEST AND A LITTLE BIT OF A TROUGH FARTHER EAST. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. WE HAD TO FRESNO CALIFORNIA FIRST OF ALL LOTS OF SUNSHINE AND HOT HIGH TEMPERATURE OF 101. GRAND ISLAND NEBRASKA PARTLY SUNNY BREEZY AND LESS HUMID WITH A HIGH AROUND 80 AND FRANKFORT KENTUCKY WARM AND HUMID WITH A THUNDERSTORM IN SOME AREAS HIGH OF 87.

GAS PRICES FOR HOLIDAY WEEKEND
IF YOU'RE DOING ANY TRAVELING THIS FOURTH OF JULY WEEKEND, THERE SHOULD BE A LESS OF A DRAWDOWN ON YOUR DEBIT CARD AT THE GAS STATION. GAS-BUDDY-DOT-COM SAYS WE SHOULD SEE SOME OF THE CHEAPEST GASOLINE PRICES IN A DOZEN YEARS. THE SMARTPHONE APP SAYS U-S CONSUMERS WILL PAY AN AVERAGE OF TWO-21 A GALLON. COMPARE THAT TO THE TEN YEAR AVERAGE OF THREE-14 A GALLON. CRUDE PRICES WERE HIGHER TUESDAY, BUT THEY HAVE BEEN DROPPING MOST OF THIS MONTH. AS WE REPORTED LAST WEEK OPEC NATIONS AGREED TO CUT OIL PRODUCTION TO BOLSTER PRICES. BUT THAT MOVE HAS BEEN OFF-SET BY HIGHER PRODUCTION IN NON-OPEC NATIONS....LIKE THE U-S.

TEASE
UP NEXT, COMBATING FUSARIUMHEAD BLIGHT ON WHEAT --ITS OUR WEEKLY TRIP TO FARM JOURNAL COLLEGE. AND LATER, ORDER IT AND WAIT FOR DELIVERY--HOW IT GETS THERE MAY BE THE FUTURE OF RETAIL. THAT'S TODAY ON IN THE COUNTRY.

FARM JOURNAL COLLEGE TV
AS WHEAT HARVEST CONTINUES, QUALITY IS ALWAYS A CONCERN. ON TODAY'S FARM JOURNAL COLLEGE TV LESSON, AGRONOMIST PHIL NEEDHAM DISCUSSES FUSARIUMAND HOW IT GETS STARTED IN THE FIELD. PHIL FUSARIUM TENDS TO BE A PROBLEM THAT PLAGUES A LOT OF WHEAT GROWERS OUT THERE. THAT'S RIGHT. IF YOU REALLY LOOK AT THE EASTERN U.S. OPEN TO ONTARIO MAYBE EASTERN KANSAS EAST AND SOUTH DAKOTA MAYBE CENTRAL AND EASTERN NORTH DAKOTA FOR SURE. THESE ARE AREAS THAT GENERALLY GET A LOT OF FUSE AREA. OK. SO IT'S GENERALLY ASSOCIATE WITH HIGHER RAINFALL OR AT LEAST HIGHER RAINFALL DURING THE LATER STAGES OF DEVELOPMENT ESPECIALLY WHEN YOU NO TILLING WEIGHT INTO CORN STALKS LIKE WHAT WE'RE DOING HERE. WE'VE GOT IT HAS SOMETHING FOR IT TO LIVE ON. IT'S ACTUALLY THE INOCULUM IN A FUSARIUM INOCULUM HOST ON THE CORN RESIDUE. SO THIS IS A GREAT ENVIRONMENT FOR FUSARIUM TO LIVE AND THRIVE IN SPRING OFF OF IF WE GET WARM. SEVENTY TO 85 FAHRENHEIT TEMPERATURES IN ADDITION TO RAINFALL PRIOR TO HEAD EMERGENTS. THEN AGAIN DURING HEAD EMERGENTS YOU NEED THE RAINFALL EARLY FOR THE SPORES TO GO AHEAD AND DEVELOP AND THEN LATER ON WHEN THE HEAD START TO APPEAR ESPECIALLY AT THE FLOWERING STAGE BETWEEN EARLY HEADING AND FLOWERING REALLY IF YOU GET RAINFALL COUPLED TO HUMIDITY AND  WARM TEMPERATURES THOSE INFECTED SPORES BLOW SPORES SPLASH OFF THE CORN RESIDUE UP ONTO THE HEADS. AND IN FACT THE HEAD'S OK AND THAT'S WHEN YOU START TO HAVE PROBLEMS WITH YIELDS. THAT'S WHEN YOU START SEEING PROBLEMS WITH YIELD AND GRAIN QUALITY NOT GOOD.

TEASE
UP NEXT, SOMEDAY DELIVERIES FROM THE GROCERY STORE MAY SHOW UP ALL ON IT'S OWN. TESTS ARE ALREADY UNDERWAY.

IN THE COUNTRY
AUTONOMOUSTECHNOLOGY IS NOTHING NEW TO AGRICULTURE, BUT IT SOON COULD FIND IT'S WAY FROM THE FIELD TO YOUR ROADS--AS NEW TECHNOLOGY START UPS TRAVEL BUILD A ROAD TO AUTONOMOUS VEHICLES. IT MAY LOOK LIKE A GOLF CART, BUT THIS SMALL, FOUR-WHEELED 'CARGOPOD,' FROM A COMPANY CALLED OXBOTICA--CLAIMS TO BE MILES MORE SMART. BOBBLING ALONG LONDON'S COBBLED STREETS, IT'S TAKING PART IN WHAT'S CLAIMED TO BE THE FIRST-EVER AUTONOMOUS GROCERY DELIVERY TRIAL IN THE UK. THE CARGOPODUSES AUTONOMOUS SOFTWARE THAT PERFORMS REAL-TIME NAVIGATION, PLANNING AND PERCEPTION..USING ONBOARD CAMERA'S AND LASERS. THE TRIAL IS A PARTNERSHIP WITH AN ONLINE-ONLY SUPERMARKET. CURRENTLY IT'S MAKING ABOUT 170-THOUSAND GROCERY DELIVERIES A WEEK. "SO WHEREAS WE WOULD NORMALLY USE A DRIVER AND A VAN, THIS GIVES US THE POSSIBILITY OF ONE DAY OFFERING DRIVERLESS DELIVERY, SO THAT A VAN WOULD ARRIVE OUTSIDE A CUSTOMER'S DOOR AND THE CUSTOMER COULD POP DOWN AND PICK UP THEIR ORDER, A BIT LIKE YOU USED TO IN THE PAST, WHEN THE MILKMAN WOULD DELIVERY YOUR MILK." THE COMPANY SAYS AT SOME POINT SOCIETY WILL HAVE TO DECIDE IF THESE VEHICLES ARE SAFE. AND THEY'RE STILL LEARNING A LOT ABOUT CUSTOMERS--WHAT THEY WILL AND WON'T ORDER FOR DELIVERY.

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.

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close