AgDay Daily Recap - March 9, 2017

March 8, 2017 02:57 AM
 

TODAY ON AGDAY
MARCH 9, 2017


HEADLINES
WILDFIRES BURN MORE THAN A MILLION ACRES IN THE SOUTHERN PLAINS. PLUS IS TORNADO SEASON STARTING EARLIER THAN NORMAL? IN AGRIBUSINESS...WHAT ABOUT WHEAT?CATTLE FEEDERS ARE SEEING GREEN THANK TO A TURN IN PRICES. AND GOING FOR GRAND--THE U.S. CHAMPIONSHIP CHEESE CONTEST IS UNDERWAY AND WINNING CAN MEAN A BOOST IN BUSINESS.AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

WESTERN WILDFIRES
GOOD MORNING I'M CLINTON GRIFFITHS. WILDFIRES CONTINUE TO BURN  THROUGH FOUR STATES IN THE GREAT PLAINS - CHARRING MORE THAN A MILLION  ACRES OF LAND....AND CLAIMING THE LIVES OF AT LEAST SIX PEOPLE. WILDFIRES CONTINUE TO SPRING UP IN KANSAS, OKLAHOMA, COLORADO AND  TEXAS. NEARLY A HALF MILLION ACRES IN THE TEXAS PANHANDLE HAVE BURNED IN  RECENT DAYS...FUELED BY BY AMPLE SUPPLY OF DRY GRASS AND BRUSH, LOW  HUMIDITY AND STRONG WINDS. "IT'S TERRIBLE. BUT IT CROSSING THE RIVER, TOO, I THINK THAT'S THE FIRST TIME WE'VE EVER HAD ONE THAT'S  DONE THAT. SO THE WIND CHANGING LAST NIGHT, YOU KNOW, FROM THE NORTH, JUST FORCED IT RIGHT  ON.""WE WATCHED IT ALL DAY. IT WOULD BILLOW FOR A WHILE AND THEN IT WOULD SEEM LIKE IT WAS CLEARING  UP AND THEN IT WOULD BILLOW AGAIN AND IT WOULD GO FROM WHITE TO BLACK TO BROWN. IT JUST  CHANGED A MILLION DIFFERENT COLORS. IT WAS TERRIFYING."> A WILDFIRE IN GRAY COUNTY, NEAR AMARILLO, KILLED THREE PEOPLE MONDAY  TRYING TO SAVE CATTLE, INCLUDING THIS YOUNG COUPLE - CODY CROCKETT  AND SYDNEY WALLACE. THE THIRD VICTIM IN THAT COUNTY - SLOAN EVERETT - ALSO DIED WHILE TRYING  TO EVACUATE LIVESTOCK THREATENED BY THE ENCROACHING FIRE. POWERFUL WIND GUSTS ALSO FANNED FLAMES IN KANSAS. AT LEAST 600 SQUARE MILES HAVE BURNED IN KANSAS ALONE...MOST OF THAT IN  CLARK COUNTY. THERE ARE REPORTS OF SIGNIFICANT CATTLE LOSSES AS ENTIRE RANCHES  WERE ENGULFED.  THIS FARMER BARELY ESCAPED. I WAS DISKING TRYING TO GET A FIRE GUARD. AND I HAD LESS THAN THREE MINUTES. THAT WIND  WAS BLOWING PROBABLY 60 OR MORE. I WAS LUCKY, I DROVE THE TRACTOR THROUGH THE FENCE INTO THE  HAY BARN. ACTUALLY HIT THE HAYBARN. COULDN'T SEE WHERE I WAS GOING. GOT IN MY PICKUP AND  WAS ABLE TO GET OUT OF THERE. AND JUST THAT QUICK, EVERYTHING IS ENGULFED."> IN OKLAHOMA -  THE GOVERNOR'S OFFICE SAYS 300-THOUSAND ACRES IN THREE  COUNTIES ALONE HAVE BURNED. A COLD FRONT TOMORROW IS EXPECTED TO  BRING SOME RELIEF TO FIREFIGHTERS IN THE FORM OF SHOWERS. HOPEFULLY  THE OTHER STATES WILL GET RELIEF AS WELL.

FEBRUARY FUNNELS
WHILE THE PLAINS DEAL WITH THE DEVASTATION OF WILDIFRES, OTHER PARTS  OF THE COUNTRY ARE STILL CLEANING-UP AFTER A SERIES OF TORNADOES  TOUCHED DOWN.  AND SOME OF THOSE LOCATIONS ARE IN STATES WHERE YOU  WOULD EXPECT TO SEE SNOW - NOT FUNNEL CLOUDS - THIS TIME OF YEAR. BETSY JIBBEN REPORTS ON WHAT LOOKS LIKE AN EARLY START TO TORNADO  SEASON. LAST TUESDAY - THE LAST DAY OF FEBRUARY, 22 TORNADOES TOUCHED DOWN IN  A WIDE SWATH OF THE MIDWEST - STRIKING HARD IN THE CENTRAL ILLINOIS  COUNTY OF LASALLE.. "OTTAWA TORNADO, FEB 28. 2017. WE BETTER GO INSIDE. YEA."THE STORM  STRETCHING FROM SOUTHEAST MISSOURI TO SOUTHWEST  MICHIGAN....GENERATING RARE WINTER TORNADOES. "....EVEN SOME SEVERE WEATHER HERE YESTERDAY AFTERNOON AND  THROUGH  THE NIGHTTIME HOURS THROUGH PARTS OF THE MIDDLE OF THE  COUNTRY."AND THEN ON MONDAY - ANOTHER SERIES OF TORNADOES CHURN THROUGH  EASTERN KANSAS AND WESTERN MISSOURI - DESTROYING MORE THAN 500  HOMES IN THE KANSAS CITY AREA.THAT SAME SYSTEM - PLACED TWO TORNADOES IN  MINNESOTA, NORTHWEST OF  THE TWIN CITIES. THAT WAS THE EARLIEST KNOWN TORNADO TO TOUCH DOWN IN  MINNESOTA - A STATE MORE LIKELY TO HAVE SNOW COVER THAN SEVERE  SPRING-LIKE STORMS. AT THE STORM PREDICTION CENTER IN NORMAN, OKLAHOMA,  METEORGOLOGISTS FOR THE NATIONAL OCEANIC AND ATMOSPHERIC  ADMINISRATION SAY THEY'VE SEEN A CHANGE IN THE NUMBER OF TORNADOES  THE PAST TWO DECADES. ACCORDING TO NOAA DATA - DURING ANY GIVEN YEAR, THERE ARE 130-TO-150  DAYS PER YEAR  IN THIS COUNTRY WITH AT LEAST ONE TORNADO WITH E-F- ONE  STRENGTH. BUT IN RECENT YEARS, THAT NUMBER OF DAYS WITH TORNADOES HAS ACTUALLY  DECREASED TO BETWEEN 80 AND 110 TORNADOES. WHAT'S DIFFERENT HOWEVER, IS THE NUMBER OF TORNADOES DURING THOSE  EVENTS. "BUT WHAT YOU'VE SEEN THE OVERALL NUMBER OF TORNADOES HAS REMAINED THE SAME. WHAT THAT MEANS WE'RE SEEING FEWER DAYS WITH TORNADOES BUT WHEN DO HAVE A TORNADO WE SEE MORE OF THEM. SO THAT'S PROBABLY BIGGEST CHANGE WE'VE SEEN OVER 30 YEARS." MARSH SAYS OVERALL THE TOTAL NUMBER OF TORNADOES ANNUALLY HAS  ACTUALLY REMAINED THE SAME SAME. BUT THERE ARE EBBS AND FLOWS. "IT GIVES AN APPEARANCE OF 'OH THIS YEAR'S BEEN REALLY QUIET. OR MY GOSH IT'S WORST YEAR EVER. OH IT'S REALLY QUIET AGAIN. YOU SEE THESE WIDE SWINGS GOING BACK AND FORTH."MARSH SAYS IT'S HARD TO PREDICT IF THIS TREND WILL CONTINUE...AND  PREDICTING A TORNADO SEASON IS DIFFICULT WITH THE TECHNOLOGY AND DATA  CURRENTLY ON HAND. "ANY TIME YOU MAKE A PREDICTION OF THE SPECIFICS OF TORNADOES, YOU'RE GOING TO STEP OUT ON A LIMB BECAUSE TORNADOES ARE RARE, IN THE GRAND SCHEME OF THINGS, THEY'RE SHORT LIVED, THEY'RE RARE, AND SO WHEN YOU TRY TO MADE A PREDICTION ON SOMETHING THAT'S SHORT LIVED AND RARE, AND EXTRAPOLATE THAT INTO THE FUTURE. YOU'RE SETTING YOURSELF UP FOR DISAPPOINTMENT. THIS IS BETSY JIBBEN REPORTING.>

CROP COMMENTS
LETS SEE HOW THE CURRENT SEASON IS GOING..FOR THAT WE TURN TO CINDI CLAWSON AND TODAY'S CROP COMMENTS. HELLO CLINTON. WE'LL START IN KANSAS WHERE WHEAT AGRONOMISTS WITH KANSAS STATE ARE  REPORTING WHEAT DISEASES SHOWING UP IN A FEW IN THE SOUTH CENTRAL  PART OF THE STATE. SEPTORIA HOWING UP CONSISTENTLY IN SUMNER, HARPER AND  SEDGWICK COUNTIES.  KANSAS WHEAT IS CURRENTLY RATED AS 40 PERCENT GOOD AND 35 PERCENT  FAIR. AND WE'LL HEAD NORTH OF PIERRE, SOUTH DAKOTA MORGAN FINLEY SENDING US THIS PHOTO FROM HER DAD'S RANCH. SHE SAYS IT  WAS A GOOD PAST WEEKEND FOR CALVING. 20 OF THE LAST BRED HEIFERS  CALVED ON TWO 60 DEGREE DAYS. YOU CAN'T BEAT THAT! NOW FOR SOME HOMETOWN TEMPS. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN.  WITH A UNIQUELY POWERFUL  FORMULATION OF PROVEN INGREDIENTS, RESICORE GIVES YOU EXTRAORDINARY POWER OVER WEEDS.  LEARN MORE AT POWEROVERWEEDS.COM.

TEASE
MAKE SURE YOU JOIN US TOMORROW MORNING-- FRIDAY MARCH 10TH FOR A  SPECIAL EDITION OF AGDAY FROM THE 2017 COMMODITY CLASSIC IN SAN  ANTONIO TEXAS. I SPENT LAST WEEK GATHERING INTERVIEWS AND TALKING TO INDUSTRY  PLAYERS ABOUT CRITICAL TOPICS FOR FARMERS THIS YEAR.  WE'RE WRAPPING IT ALL TOGETHER IN ONE COMPLETE PACKAGE. FROM TRADE, TO ACREAGE, PRICES AND DEMAND WE'LL COVER A BROAD RANGE  ISSUES. OF COURSE WORK IN WASHINGTON A MAJOR POINT OF CONSIDERATION FOR THE  FUTURE. IT COMES BACK TO THE TRUMP ADMINISTRATION IF THEY'RE NOT GOING TO LET US HAVE TPP WHEN  ARE THEY GOING TO ANNOUNCE THE FIRST BILATERAL. I'M ASKING WHO IS IT GOING TO BE WITH AND WE'RE  STILL LOOKING AT 4-6 YEAR TIMEFRAME. WE'VE GOT TO START WORKING ON THOSE TODAY. 16:31 GOULE SAYS VIETNAM AND JAPAN WOULD BE THEIR FIRST TARGETS FOR A  BILATERAL AGREEMENT.AGAIN, DON'T MISS OUR SPECIAL COVERAGE FROM COMMODITY CLASSIC FRIDAY  ON AGDAY . WHEN WE COME BACK, WE'LL TALK WHEAT MARKETS WITH CHIP FLORY AND LATER ON  DROVERS TV, EDITOR GREG HENDERSON SHARES AN UPDATE ON PRICING  CATTLE. AND LATER, WHERE ELSE BUT THE DAIRY STATE WOULD THE U-S CHAMPIONSHIP  CHEESE CONTEST BE UNDERWAY. WE'RE OFF TO GREEN BAY FOR A SLICE OF HEAVEN LATER ON AGDAY. AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING.  FARMER-FIRST, WITH A PLAN FOR EVERY  MARKET. 

FLOOR OF THE CME
IN AGRIBUSINESS - USDA IS UNDER ITS MONTHLY LOCK-UP AT THIS HOUR AS IT  PREPARES TO RELEASE THE MARCH SUPPLY AND DEMAND REPORT.  THAT  REPORT COMES OUT AT NOON EASTERN.  MEANWHILE IT WAS A MIXED DAY FOR  MARKETS AT MIDWEEK. DETAILS FROM THE FLOOR OF THE CME IN CHICAGO. GRAIN MARKETS HAVE BEEN UNDER A LITTLE BIT OF SELLING PRESSURE THROUGHOUT MOST OF THE DAY TODAY WITH WHEAT BEING MOST OF THE BIG LEADER TO THE DOWNSIDE. ALL THREE MARKETS ARE HOLDING AT  SUPPORT AREAS - I KIND OF EXPECT THESE AREAS TO HOLD. SOME OF THE SELLING HAS BEEN IN RESPONSE TO PREPARATION TO USDA'S REPORTS TOMORROW BUT SOME OF IT IS IN RESPONSE TO THE HEADLINES WE'RE SEEING MOVE THROUGH THE MARKET. FOR WHEAT, NEWS THAT EGYPT REJECTED SOME CARGO OF WHEAT, A COUPLE FROM RUSSIA, ONE FROM ARGENTINA, HAS RAISED IDEAS THEY MAY BE A LITTLE BIT PICKY WITH DEMAND OVERALL AND THEY MAY END UP BUYING LESS. THAT MEANS MORE WHEAT AVAILABLE ON THE WORLD MARKET. NOT A BULLISH SIGN SO YOU'RE SEEING THE MARKET SELL OFF.  GENERALLY A STRONGER DAY IN THE CATTLE COMPLEX AND THE HOGS TRADING HIGHER AS WELL. BEEN MORE OF A CHOPPY SESSION IN THE HOGS CASH MARKET SUPPORT IS A REASON TO SEE STRENGTH IN ALL THREE PRICES, ESPECIALLY IN THE CATTLE WHERE THE BEEF CUTOFF VALUES HAVE BEEN STRONG ONCE AGAIN TODAY. REALLY THAT'S BEEN A TREND OVER THE LAST WEEK AND A HALF AND REALLY HELPED SUPPORT THE CATTLE MARKET OVERALL. THANKS VERY MUCH. THIS IS JACK SCOVILLE, VICE PRESIDENT OF PRICE FUTURES GROUP, COMING TO YOU FROM THE CME FLOOR IN CHICAGO.

AGRIBUSINESS
CHIP FLORY MARKET RALLY RADIO. OUR GUEST HERE TODAY CHIP LET 'S TALK ABOUT YOU KNOW WHAT I THINK  THE GRAIN THAT SEEMS TO BE HAVING ONE OF THE TOUGHEST TIMES THIS YEAR IS WHEAT TRYING TO  FIGURE OUT WHAT THAT MARKET 'S GOING TO DO WHAT WHAT YOUR INSIGHT ON THAT YOU KNOW HE DID IT 'S  PERFORMED A LITTLE BETTER THAN WHAT I THOUGHT IT WAS GOING TO NOW IT 'S GOTTEN SOME HELP FROM  CORN IT 'S GOTTEN SOME HELP FROM SOYBEANS BUT THAT WHEN YOU LOOK AT THE THE THE MAKEUP OF  THE MARKET RIGHT NOW THERE 'S A COUPLE OF THINGS THAT I THINK A REALLY INTERESTING NUMBER ONE.  AND ACCORDING TO THE LATEST DATA THAT WE'VE GOT THE FUND'S ARE REALLY LONG SOYBEANS THEIR LONG  CORN AND THEY WERE STILL SHORT WITH IT. SO THERE 'S THIS OPPORTUNITY THAT MAYBE WE CAN SEE THE  CUT. THE FUNDS COVER THOSE SHORTS AND GIVE US ANOTHER BOOST IN THE WHEAT MARKET. THE THE  OTHER THING IS WHEN YOU LOOK AT THE SPREADS OUT TO THE DEFERRED CONTRACTS IT 'S MORE THAN FULL  CARRY. I MEAN IF I WAS AN ELEVATOR OPERATOR OUT IN THE PLAINS AND I HAD WE IN THE BIN I'D BE  SELLING IT FOR SIX SEVEN EIGHT MONTHS DOWN THE ROAD AND BUT I'D JUST I'D KEEP IT IN THE BIN AND  THERE 'S NOT GONNA BE A LOT OF SPACE OUT THERE AVAILABLE FOR THIS NEW CROP CORN IS HARVESTED  BECAUSE THE ELEVATORS WANT TO HOLD IT BECAUSE THEY CAN MAKE MONEY ON IT JUST BY HOLDING IT  IN THE BIN SO IT SO IT 'S A REALLY TOUGH SITUATION IN WHEAT RIGHT NOW TRYING TO FIGURE OUT EXACTLY  HOW THAT 'S ALL GOING DOWN A WASH WASH. WASH OUT IN THE MARKETPLACE. AND THEN THERE 'S THE  WHOLE PROTEIN ISSUE HARD RED SPRING GUYS HAVE HAVE GOT SOME SOME HIGH PROTEIN WHEAT BUT  THEY PUT IT IN THE BIN AND BASICALLY PUT IT UNDER LOCK AND KEY AND SAY IN TODAY'S PRICES ISN'T  GOOD ENOUGH IF YOU WANT EVEN WHAT SPRING WHEAT AT CALL IT A DOLLAR PREMIUM TO THE WINTER  CONTRACT SHARE. EVEN WITH THAT PREMIUM IN THE SPRING MARKET THAT THE SPRING WHEAT PRODUCERS  THAT ARE HOLDING HIGH PROTEIN ARE BASICALLY SAYING I DON'T WANT TO MOVE IT SO THERE 'S A LOT OF  MOVING PARTS IN THIS WHEAT MARKET. A LOT OF RABBIT HOLES I GUESS THAT THAT WE NEED TO TASTE  DOWN TO REALLY FIGURE OUT WHAT 'S GONNA HAPPEN OUT THERE. BUT MOST IMPORTANT THING I THINK IS  IF WE GET THE FUNDS TO MOVE FROM SHORT TO LONG AND PARTICIPATE WITH THE CORN AND SOYBEAN  LONG AS THAT MIGHT GIVE US OUR BEST MARKETING OPPORTUNITIES AHEAD OF THE TWENTY SEVENTEEN  HARVEST REAL QUICK WEATHER IS AT THE SOUTHERN PLAINS. I AM WE KNOW IT'S DRY IN OKLAHOMA OTHER  YOU KNOW MAKING DISASTER DECLARATION IN THAT STATE ALREADY IT IS THAT ENOUGH OF THIS MARKET A  LITTLE BETTER NOT YET AND THE CHANGE IN THE OVERALL PATTERN WEATHER PATTERN OUT THERE GOING  FROM WHAT WE THOUGHT WAS GOING TO BE MAYBE A DEVELOPING LA NINA BACK TO ENZO NEUTRAL AND  NOW LOOKS LIKE WE GOT A DEVELOPING EL NINO IF IF THAT HAPPENS THAT 'S GONNA MAKE IT TOUGH TO  GET THAT MOISTURE FLOWING INTO THE SOUTHERN PLAINS WE COULD HAVE A LEGITIMATE WEATHER MARKET  GOING WITHIN A MONTH ALL RIGHT SO HOPEFULLY THEY HAVE A CROP TO HARVEST THAT'S RIGHT ALRIGHT CHIP  THANKS FOR BEING HERE WITH MORE AGDAY IN JUST A MINUTE  HERE'S YOUR CHANCE TO WIN A DREAM SPORTS TRIP, PLUS A $10,000 DONATION FOR A COMMUNITY  SPACE.  TEXT DREAM TO 31313 TO ENTER TODAY.

WEATHER
WELCOME BACK TO WEATHER WITH CINDI CLAWSON. CINDI, FEBRUARY KIND OF TEASED US. MADE US THINK THAT IT'S GOING TO WARM UP BUT NO, WINTER IS STILL HERE, ISN'T IT? ESPECIALLY IF YOU WERE IN THE NORTHERN PART OF THE COUNTRY. YOU'RE GOING TO BE GETTING HIT WITH A BLAST OF COLD AIR. LET'S SEE WHAT'S GOING ON. WINTER STILL BLASTING AWAY IN PARTS OF THE NORTHWESTERN UNITED STATES. YOU CAN SEE SOME SNOW, ESPECIALLY IN HIGHER ELEVATIONS BUT VERY COLD AIR IS BEHIND THIS FRONTAL BOUNDARY. WE'RE GOING TO SEE SOME VERY CHILLY AIR. WE'RE GOING TO SEE SOME LOWER ELEVATION RAINS. IT'S GOING TO BE CONTINUED UNSETTLED WEATHER IN THE PACIFIC NORTHWEST. HIGH PRESSURE IN THE SOUTHEAST AND A LITTLE IN THE SOUTHWEST AS WELL. WE'RE GOING TO SEE SOME CHANGES AS WE HEAD INTO THE NEXT 24 HOURS. LOW PRESSURE SYSTEM TO DEVELOP. THAT WILL START TO BRING SOME CHANCES FOR SNOW AND RAIN TO PARTS OF THE NATION'S MIDSECTION AND THAT LOW WILL QUICKLY MOVE ON OFF TO THE THE EAST SO WATCH FOR SOME RAIN AND SNOW THERE. WE CONTINUE TO SEE THE UNSETTLED WEATHER INTO THE NORTHWESTERN UNITED STATES AND GETTING INTO FRIDAY NIGHT, LOOKS LIKE SOME SNOW WILL POP UP IN THE NORTHEAST AND WE'LL SEE THAT SNOW CONTINUING INTO THE NORTHERN PLAINS. TAKE A LOOK AT OUR ESTIMATES. RAIN IN THE NORTHWEST. LOOK AS WE GO THROUGH THE NEXT 24 HOURS. WE'LL REALLY START TO SEE THAT LOW PRESSURE SYSTEM AND COLD FRONT PUSH THROUGH THAT QUARTER OF THE COUNTRY. NOW AS WE TAKE A LOOK AT THE  SNOWFALL, THAT'S GOING TO BE A BIG ISSUE AS WELL, ESPECIALLY IN THE NORTHWESTERN PART OF THE U.S. GETTING INTO THE NORTHERN PLAINS,YOU CAN SEE THAT SNOW START TO PILE UP HERE IN PARTS OF OHIO AS WELL AND INTO PARTS OF NORTHERN INDIANA. ALRIGHT, AS WE TAKE A LOOK AT THE TEMPERATURES, THIS IS WHERE WE SEE A BIG DIFFERENCE. LOOK AT THIS BETWEEN 16 IN BISMARK AND 80 IN BROWNSVILLE. THERE'S A HUGE TEMPERATURE DIFFERENCE FROM NORTH TO SOUTH ALL ACROSS THE COUNTRY. IT GETS BITTERLY COLD AS WE GET INTO THE OVERNIGHT HOURS. WE'RE GOING TO SEE TEMPERATURES BELOW ZERO IN PARTS OF THE NORTHCENTRAL UNITED STATES, EVEN INTO SINGLE DIGITS FOR A LOT OF AREAS. AS WE HEAD INTO TOMORROW, IT DOESN'T GET A LOT BETTER, SINGLE DIGITS FOR HIGHS IN SOME LOCATIONS WHERE WE'RE STILL WARM IN THE SOUTH WHERE WE'RE SEEING 70S AND 80S  THERE. AS WE LOOK AT THE JET STREAM, WE HAVE A BIG TROUGH THAT'S IMPACTING NORTHERN STATES. THAT WILL CONTINUE TO PUSH OFF AND DIG INTO THE NORTHEAST AS WE START TO SEE WARMER TEMPERATURES IN THE WEST BUT ANOTHER TROUGH ON ITS HEELS FOR THE EARLY PART OF NEXT WEEK AS WELL. WE'LL REALLY START TO SEE WARMER AIR AS WE GET INTO LATER NEXT WEEK. AND NOW HERE'S A LOOK AT THE WEATHER WHERE YOU LIVE. CROWN POINT, NEW MEXICO, PLENTY OF SUNSHINE WITH A HIGH OF 65 DEGREES. GRAFTON, NORTH DAKOTA, PARTLY CLOUDY, VERY COLD WITH A HIGH OF 7. AND RICHWOOD, OHIO, PARTLY CLOUDY, SOME SHOWERS LATER IN THE DAY WITH A HIGH OF 56.

TEASE
WE'LL DIVE INTO THE CATTLE MARKETS NEXT ON DROVERS' TV. AND LATER GOING FOR GOLD--AT THE U.S. CHEESE CHAMPIONSHIP. WE'LL GET A  TASTE OF THE ACTION FROM WISCONSIN. GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY.

DROVERS TV
FEEDYARDS ARE ENJOYING HIGHER PROFITS THROUGH THE FIRST TWO MONTHS  OF THE YEAR - MARKING THE 15TH CONSECUTIVE WEEK OF PROFITS.  ACCORDING TO THE STERLING PROFIT TRACKER, THE AVERAGE FEEDYARD EARNINGS INCREASING NEARLY 70 DOLLARS, NOW TOTALING 370 DOLLARS PER  HEAD.THOSE MARGINS ARE NEARLY 40 PERCENT HIGHER THAN A MONTH AGO.  THOSE MARGINS ARE DUE TO FED CATTLE MARGINS THAT HAVE RALLIED ABOUT 10 DOLLARS PER  HUNDRED WEIGHT SINCE THE BEGINNING OF THE YEAR. BUT THE UNDERLYING SUPPORT FOR HIGHER PRICES  HAS COME FROM STRONG DEMAND. CHOICE CUTOUT PRICES ARE 10 PERCENT HIGHER SINCE THE  BEGINNING OF THE YEAR WHICH HAS MADE PACKERS AGGRESSIVE BIDDERS FOR MARKET READY  CATTLE.  THIS YEAR'S EARLY RALLY IN BEEF PRICES SEEMS TO CONTRADICT LAST FALL'S MARKET FORECAST WHICH WERE  BUILT ON THE EXPECTATION OF FURTHER INCREASES IN THE BEEF SUPPLY. 53"> HENDERSON SAYS BEEF CONSUMPTION IS STEADY WITH LAST YEAR.  THAT'S BECAUSE THE U.S. IS SEEING AN INCREASE IN BEEF EXPORTS AND  FURTHER REDUCTION IN BEEF IMPORTS.  ACCORDING TO THE STERLING PROFIT TRACKER, PACKER MARGINS ONCE AGAIN  POSTIVE AT PLUS 72 DOLLARS PER HEAD MORE THAN 50 DOLLARS HIGHER THAN THE PREVIOUS WEEK.  A RESOLUTION TO REPEAL THE BUREAU OF LAND MANAGEMENT'S PLANNING 2- POINT-0 RULE- MAY BE ONE STEP CLOSER TO THE PRESIDENT'S DESK.  BOTH THE HOUSE AND SENATE REVOKING REGULATION PUT IN PLACE BY THE  OBAMA ADMINISTRATION...THAT WOULD HAVE PRIORITIZED SOCIAL AND  ENVIRONMENTAL CHANGE OVER ENSURING MULTI-USE OF PUBLIC LANDS. OPPONENTS OF THE RULE CALL IT REGULATORY OVERREACH THAT WOULD  ELIMINATE STAKEHOLDER AND LOCAL INPUT INTO THE PLANNING PROCESS. THE WESTERN UNITED STATES ARE VERY IMPORTANT TO US IN THE CATTLE BUSINESS, WE  HAVE PRODUCERS WHO OPERATE ON LEASES OF FEERAL LANDS, A LOT OF CASES, THEY DON'T OWN A LOT OF  THEIR OWN LAND BUT REQUIRE THESE LEASES TO RUN THEIR CATTLE IN THE PROCESS, WE DO A GREAT JOB AT  PROTECTING THE LAND, T O BE ABLE TO MANAGE THE LAND AND IMPROVE THE LAND. BUT THERE'S ALWAYS  EFFORT TO KICK US OFF THE LAND. I DO KNOW A LOT OF FOLKS WHO RUN FOREST PERMITS OR BLM PERMITS. THERE NEEDS TO BE  A LOT OF WORK ON SPEEDING UP THE PROCESS IF THERE'S A PERMIT THAT'S BEEN VACATED, THEY  NEED  TO GO THROUGH THE PROCESS. 30 IT TAKES YEARS TO GO THROUGH THOSE THERE. 30   IT NEEDS TO BE SPEEDED UP .NCBA SAYS IT HOPES THE PRESIDENT WILL SIGN OFF ON ENDING THE RULE. NO  WORD ON WHEN THAT MIGHT HAPPEN.

TEASE
ALRIGHT WE'RE OFF TO GREENBAY FOR A CHEESY CHALLENGE. NEXT.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  DISCOVER THE POWER BEHIND THE M6 SERIES AT  KUBOTA.COM. HOW DO YOU IMPROVE SALES OF YOUR PRODUCT?  WELL, CHEESEMAKERS SAY  WINNING A FEW CHAMPIONSHIPS SURE CAN HELP. THE U-S CHAMPIONSHIP CHEESE CONTEST IS NOW TRUNDERWAY IN GREEN BAY,  WISCONSIN.  THE NUMBER OF CHEESE ENTRIES IS UP 22-PERCENT, BUTTER AND  YOGURT ENTRIES ARE ALSO AT AN ALL-TIME HIGH. THE WISCONSIN CHEESE MAKERS ASSOCIATION SAYS THAT'S BECAUSE  CHEESEMAKERS ARE SEEING WHAT A CONTEST WIN DOES FOR SALES.  WHAT WE'VE SEEN IS AS US COMPANIES HAVE WON THE WORLD CONTEST MORE CHEESE MAKERS ARE TRYING TO GET THAT GOLD  MEDAL ON THEIR LABEL BECAUSE THEY KNOW THAT IT'S GOOD FOR BUSINESS.."> WISCONSIN CHEESEMAKER - EMMI ROTH - WON LAST YEAR'S WORLD  CHAMPIONSHIPS. SINCE THEN THEY'VE INCREASED PRODUCTION AT THEIR PLANT  BY 280 PERCENT. "I STILL GET GOOSE BUMPS RIGHT NOW  JUST TALKING ABOUT IT I MEAN IT'S QUITE AN ACCOMPLISHMENT."> WISCONSIN HAS THE MOST ENTRIES FROM ANY STATES, BUT MORE THAN HALF  COME FROM 32 OTHER STATES.   THE WINNERS WILL BE ANNOUNCED TODAY.

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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