AgDay Daily Recap - May 10, 2018

May 10, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
MAY 10, 2018

HEADLINES

THE FARM BILL DRAWS FOCUS FROM THE WHITE HOUSE, IT'S TEH GREAT  DIVIDE BETWEEN PARTIES THAT COULD BE THE BIGGEST OBSTACLE THIS YEAR. "I'VE SEEN MAJOR DIFFERENCES AND INDIVIDUAL YOU KNOW PROGRAM PROVISIONS BUT NOT THE VISCERAL  ANIMOSITY ALMOST BETWEEN THE COMMITTEE CHAIRMAN AND THE RANKING MEMBER." IN AGRIBUSINESS, THE COMPLEXITY OF THE CATTLE MARKET BETWEEN THE  CASH PRICE AND WHAT PRODUCERS SEE ON THE BOARD. "WELL IT'S THE PUZZLE THAT EVERYBODY'S TRYING TO PUT TOGETHER RIGHT NOW." AND CAP-N-GOWN TIME AT COLLEGES ACROSS COUNTRY. IS YOUR STUDENT  READY FOR THE WORLD? AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO. 

FARM BILL UPDATE
GOOD MORNING I'M TYNE MORGAN, IN FOR CLINTON GRIFFITHS. HE'LL JOIN US  LATER ON THE SHOW.  ON THE HEELS OF MEETING AT THE WHITE HOUSE FOCUSED ON ETHANOL, THE  PRESIDENT NOW  HAS HIS SIGHTS SET ON THE FARM BILL. AND THOSE SIGHTS COULD ALSO COME WITH STRONG DEMANDS.  THE PRESIDENT CALLING FOR A FARM BILL MEETING AT THE WHITE HOUSE  THURSDAY MORNING,  FARM JOURNAL WASHINGTON CORRESPONDANT JIM WIESEMEYER REPORTING THE PRESIDENT WILL MEET WITH AG LEADERS FROM BOTH CHAMBERS, AS WELL  AS AG SECRETARY SONNY PERDUE AND NATIONAL ECONOMIC COUNCIL  DIRECTOR LARRY KUDLOW.  REPORTS SAY THE MEETING IS TO NOT ONLY DISCUSS TIMING OF A FARM BILL, BUT ALSO OUTLINE DEMANDS.  THE WALL STREET JOURNAL REPORTING THAT THE PRESIDENT IS THREATENING  TO VETO IF THE FARM BILL DOESN'T INCLUDE TIGHTER WORK REQUIREMENTS  FOR SNAP.  AND IT'S THAT DEMAND THAT COULD BRING EVEN MORE INTENSITY TO THE  BATTLE OVER FOOD STAMPS.  FARMERS AND AG GROUPS ARE ALSO CONCERNED WITH WHAT HAPPENS TO  CROP INSURANCE. IN FEBRUARY, THE PRESIDENT CALLED FOR A 33 PERCENT CUT TO THE PROGRAM  AS PART OF HIS BUDGET PACKAGE.  "I THINK WHAT'S TOP OF MIND FOR MOST FARMERS IS THAT WE HAVE THE PROVISION FOR CROP  INSURANCE IN THERE. A LOT OF US ARE SURVIVING WITHOUT ANY SUBSIDIES OR YEARLY SUBSIDIES TO THINK  OF. AS LONG AS WE CAN HAVE THE CROP INSURANCE PROVISION IN THE FARM BILL; I THINK MOST FARMERS  WILL BE HAPPY WITH THAT,"IT'S SNAP THAT COULD BE THE MAJOR HURDLE FOR GETTING A FARM BILL  PASSED THIS YEAR. SNAP CURRENTLY SERVES MORE THAN 40 MILLION PEOPLE ANNUALLY.  AND IT'S THE DEMOCRATIC VOTES THAT THE LEGISLATION MAY NEED TO CROSS  THE FINISH LINE THIS YEAR. I RECENTLY TALKED TO WIESEMEYER IN WASHINGTON ABOUT NOT ONLY TIMING  OF THE FARM BILL, BUT WHY THE FOOD PORTION OF THE BILL IS DRAWING SO  MUCH SCRUTINY RIGHT NOW.  HERE NOW JIM WIESMEYER FARM JOURNAL WASHINGTON CORRESPONDENT TALKING ABOUT THE FARM  BILL. JIM WE'VE SEEN THE HOUSE VERSION WE HAVE NOT SEEN THE SENATE VERSION OF THE FARM BILL  YET. IS THAT COMING. YEAH IT LOOKS LIKE THE SENATE MARKUP SESSION WILL BE PROBABLY IN EARLY JUNE AFTER THE MEMORIAL DAY RECESS AND THEN IT'LL CLEAR THE COMMITTEE. THERE'S BIPARTISAN  SUPPORT THERE. THEN THE SENATE FLOOR DEBATE WILL BE SOME VOTES SOMETIME LATER IN THE  SUMMER. SO YOU THINK THERE WILL BE MORE BIPARTISAN SUPPORT FOR THE SENATE VERSION OF THE  FARM. OH CLEARLY YES. BECAUSE THEY DON'T YOU HAVE TO HAVE IT BECAUSE THEY NEED 60 VOTES IN THE SENATE TO INVOKE CLOTURE. YOU DON'T STOP DEBATE. AVOID A FILIBUSTER AND INHERENT IN THAT IN  THE SENATE AG COMMITTEE. THEY DON'T HAVE THE CONSTRAINTS THAT THE HOUSE DOES RELATIVE TO  THE FOOD STAMP PROGRAM LANGUAGE. THE HOUSE WANTS PRETTY MAJOR REFORM AND FOOD STAMPS.  THE SENATE DOES NOT. VERY MAJOR REFORM IS FOOD STAMPS AND WE SAW THAT REALLY STRIKE A VERY  PARTISAN VOTE. HAVE YOU EVER SEEN THE FARM BILL DEBATE WITHIN THE HOUSE BE SUCH A TOAST A  TEA PARTY LINE. I'VE SEEN MAJOR DIFFERENCES AND INDIVIDUAL YOU KNOW PROGRAM PROVISIONS BUT NOT THE VISCERAL ANIMOSITY ALMOST BETWEEN THE COMMITTEE CHAIRMAN AND THE RANKING  MEMBER. IT'S IT'S. IT GOT VERY SURLY AND IT'S STILL IN THAT PROCESS. WE'VE HAD SOME AGAIN  EXPERIENCES IN THE PAST BUT THIS ONE BEATS BEAT THEM ALL. SO REAL QUICK DO YOU THINK THE SENATE VERSION AND THE HOUSE VERSION THAT WE CAN COME UP WITH A COMPROMISE. THE  BIGGEST THORN FOR A CONFERENCE REPORT WILL BE CAN THEY FIND A COMPROMISE LANGUAGE FOR FOOD  STAMP REFORM IF THEY CAN. THEN YOU'LL HAVE A FARM BILL BY THE END OF THE CALENDAR YEAR THAT DOES NOT RULE OUT A AFTER AFTER THE ELECTION VOTE. IF THEY CAN'T WE'RE ON TO A ONE YEAR  EXTENSION. RIGHT NOW IF YOU WERE A BETTING MAN WHEN YOUR EXTENSION OR A 2013 FARM BILL I  WAS I GO HELP I'M ALWAYS HOPEFUL THAT YOU GAIN NOTHING BY WAITING FOR A ONE YEAR EXTENSION. IT  DOESN'T SOLVE ANYTHING. SO HOPEFULLY THEY'LL BE ABLE TO COMPROMISE IN GOOD FAITH BUT THAT GOOD FAITH MAY HAVE TO COME AFTER THE ELECTIONS CAME. JIM WEISMEYER FARM JOURNAL WASHINGTON CORRESPONDENT THANK YOU SO MUCH

ETHANOL UPDATE
SOME AG. GROUPS ARE CONTINUING AT LOBBYING THEIR PRO-ETHANOL  POSITIONS AFTER A MEETING TUESDAY AT THE WHITE HOUSE BETWEEN THE  PRESIDENT AND KEY SENATORS.  BETSY JIBBEN IS HERE WITH MORE. BETSY.  TYNE, MOST AG GROUPS, SENATORS FROM AG STATES AND COMPANIES SAYING MOST OF THE NEWS - INCLUDING E-15 YEAR ROUND AND NO CAPS ON  RENEWABLE IDENTIFICATION NUMBERS, OR RINS, IS A POSITIVE. "IF WE GO DOWN TO E-15 ACROSS THE COUNTRY, THAT COULD BE ANOTHER 7-8 BILLION  GALLONS OF BIO  FUELS THAT'S BLENDED INTO THE FUEL. FULL IMPLEMENTATION OF E-15 WOULD BE ANOTHER 2 BILLION  BUSHELS OF GRAIN DEMAND."BUT WOULD E15 REALLY BE THE DEMAND BOOM TO DRIVE CORN PRICES HIGHER?  ENERGY EXPERT PETE MEYER ISN'T SO SURE.  "WE'RE GOING TO ALLOW E-15 TO BE SOLD YEAR-ROUND. THAT'S GREAT. THAT'S SOMEWHAT OF A POSITIVE  BUT REALLY, THAT ON ITS OWN, ACCORDING TO OUR CALCULATIONS, ADDS LESS THAN 1 PERCENT MORE DEMAND BY ADDING E-15 YEAR ROUND,"IN THE PAST, EPA ADMINISTRATOR SCOTT PRUITT HAS BEEN VERBAL WHETHER  THE ENVIRONMENTAL PROTECTION AGENCY HAS AUTHORITY OR IF THE  ADMINISTRATION SHOULD IMPLEMENT E-15 YEAR-ROUND.  IOWA SEN. CHUCK GRASSLEY - WHO WAS AT THE MEETING SAYS PRESIDENT TRUMP ORDERED ADMINISTRATOR PRUITT TO MAKE E-15 HAPPEN YEAR-ROUND.  "PRUITT SAID WITHOUT HESITATION THAT WE CAN DO IT. MEANING EPA CAN PUT OU TTHE REGULATION,"HOWEVER, THE WHITE HOUSE MEETING ALSO DISCUSSED THE POSIBILITY OF PUTTING RINS ON EXPORTED ETHANOL. SOME IN THE ETHANOL INDUSTRY QUESTION THE LEGALITY OF WHETHER RINS  ON EXPORTED ETHANOL CAN ACTUALLY HAPPEN.  "THE RFS IS A DOMESTIC MARKET ENFORCING BLEND POLICY WHICH MEANS TO COMPLY WITH THIS MANDATE, YOU MUST BLEND THE BIO FUELS INTO DOMESTIC GASOLINE OR DIESEL. SO IF YOU EXPORT A  GALLON OF ETHANOL OR BIO FUEL IT BY DEFINATION CANNOT BE BLENDED DOMESTICALLY AND THEREFORE IT  CANNOT COUNTY TOWARDS THE DOMESTIC BLEND MANDATE.'CRITICS SAY IF RINS ON EXPORTS HAPPEN, THE WORLD TRADE ORGANIZATION  COULD POSSIBLY RULE THE RIN IS AN UNFAIR EXPORT SUBSIDITY  THEY ALSO SAY IF RINS ON EXPORTS ARE A DONE DEAL, IT COULD POTENTIALLY  BE CHALLENGED IN COURT SINCE THE CURRENT RFS RULE IS TO INCREASE  DOMESTIC CONSUMPTION.  "THIS IDEA SHOULD DIE A QUICK DEATH. IF IT DOESN'T, I CAN'T IMAGINE IT WOULDN'T DIE OF A QUICK  LEGAL CHALLENGE BECAUSE IT'S SO OBVIOUS."GRASSLEY SAYS E-15 YEAR-ROUND AND NO CAPS ON RINS ARE BOTH GOOD  NEWS FOR THE ETHANOL INDUSTRY.  

CROP COMMENTS
STORMS MOVED THROUGH SECTIONS OF THE CENTRAL CORN BELT WEDNESDAY  JUST AS SOME FARMERS WRAPPED UP PLANT 2018. MIKE HOFFMAN HAS AN  UPDATE IN CROP COMMENTS. MIKE.  GOOD MORNING, TYNE.  AS LONG AS IT DOESN'T TURN SEVERE, A LITTLE RAIN SHOULDN'T HURT SOME OF  THE CROPS WHICH HAVE EMERGED IN GEORGETOWN, ILLINOIS! WE VISITED DOUG KIRK WHO WRAPPED UP ALL OF HIS PLANTING ON TUESDAY. DOUG SAYS EMERGENCE LOOKS GOOD ON HIS EARLIER PLANTED CROPS. HE  HOPES THAT PATTERN WILL CONTINUE FOR HIS OTHER FIELDS.  MATT FULMER IN STAR CITY, INDIANA HAS FINISHED PLANTING FOR THE SEASON  AS WELL. HE SENT US THIS VIEW AND SAID - THE LAST SUNSET I'M GOING TO SEE FOR  PLANT 2018.  ACCORDING TO THE LATEST CROP PROGRESS REPORT, 42 PERCENT OF CORN  ACRES AND 23 PERCENT OF SOYBEAN ACRES HAVE BEEN PLANTED IN INDIANA, BOTH STATS NOW ABOVE THE 5-YEAR AVERAGE. AND TAKE A LOOK AT THE WIND SPEED FORECAST. MULTIPLE POCKETS FROM THE EASTERN GREAT LAKES  THROUGH THE PLAINS STATES WILL BE WINDY THIS MORNING. YOU CAN SEE THAT PICKS UP ON THE FOUR CORNER REGION AS WE HEAD THROUGH THE AFTERNOON HOURS SO LOTS OF PLACES ACROSS THE COUNTRY  ARE GOING TO HAVE SOME WIND TOMORROW MORNING IT WILL MAINLY BE IN THE PLAINS AND THEN THAT  WILL DEVELOP ONCE AGAIN IN THE SOUTHWEST AND SPREAD A LITTLE BIT INTO THE OHIO RIVER VALLEY. WE'LL HAVE YOUR FORECAST COMING UP. BUT FIRST HERE ARE SOME HOMETOWN. TEMPS 

TEASE
NEXT IN AGRIBUSINESS - THE UPS AND DOWNS OF THE CATTLE MARKET. FROM OUR PARTNERS AT DROVERS - SETTING A TIMEFRAME FOR A SUSTAINABLE  BEEF INDUSTRY. PLUS "LIFE AFTER COLLEGE".... "I'M CHARLES DENNEY. IT'S GRADUATION TIME AT THE UNIVERSITY OF  TENNESSEE. WHAT'S IT LIKE BEING A MODERN DAY COLLEGE STUDENT? TIME CONSUMING AND MORE DIFFICULT THAN YOU THINK. THAT STORY FROM  KNOXVILLE, TENNESSEE COMING UP ON AGDAY."

AGRIBUSINESS
THE CATTLE MARKET SENDING MIXED SIGNALS. BUT IS THE TRADE WATCHING  SUPPLIES OR DEMAND? CLINTON GRIFFITHS JOINS US NOW FROM THE  AGRIBUSINESS DESK.  JOHN PAYNE PUBLISHER OF THE NEWSLETTER THIS WEEK IN GRAINS AND OILSEEDS. JOHN AS WE TALK ABOUT THE CATTLE MARKET LET'S TALK ABOUT THE LIVESTOCK SIDE OF THINGS WHERE THIS CATTLE MARKET  HAS BEEN KIND OF DYNAMIC AND EVERYONE IS WATCHING CASH PRICE VERSUS BOARD PRICE. WHAT'S  YOUR TAKE ON WHAT WE'RE SEEING IN THE DISPARITY HERE. WELL IT'S THE PUZZLE THAT EVERYBODY'S  TRYING TO PUT TOGETHER RIGHT NOW. PROBABLY THE MOST POPULAR TRADE THAT'S BEING MENTIONED ON  OUR DESK IS HOW DOES THIS RESOLVE ITSELF. SO YOU'RE STARTING TO SEE EARLY JUNE BIDS COME IN IN  KANSAS TEXAS EVEN UP NORTH INTO NEBRASKA 122 125 IN THAT AREA A LOT OF FOLKS THAT I WORK WITH  THINK THEY'LL COME IN HIRE HERE IN THE SHORTER RUN WITH THE BOARD DOWN TO 1 0 6. SO FROM  SOMEBODY WHO MANAGES RISK FOR A LIVING AND TRIES TO WORK WITH FOLKS WHO ARE PARTICIPATING HOW DO YOU HOW DO YOU TACKLE THAT FROM A STANDPOINT OF RISK MANAGEMENT. YOU HAVE SO  MANY WITH ANIMALS WALKING AROUND IN A FEEDLOT WORTH 125 ON THE CASH MARKET YET THE BOARD  IS DOWN AT 1 0 6. SO WE'RE STARTING TO SEE A LOT OF FOLKS COME IN WHO WANT TO BUY THAT DEFERRED CONTRACT AND A LOT OF INTERESTED IN THAT AND I DON'T BLAME THEM. I REALLY DON'T. I THINK  THAT WOULD BE THE PLAY TO EITHER LIQUIDATE THE HERD AND BUY FUTURES OR SIMPLY TRY TO PLAY THAT  SPREAD SOMEHOW. BUT AS WE KNOW THIS ISN'T A TEAM EVENT. SOMETIMES WHEN I SEE THOSE TRADES COME IN I QUESTION IS IT GOING TO WORK OUT THAT WAY IT ALMOST SEEMS LIKE TOO MUCH OF A  NO BRAINER TO ME. SO IF WE SEE THAT CASH STAY HIGH AND THE FUTURES CONVERGE HIGHER I THINK  FEEDERS AND SPECIFICALLY THOSE FALL CONTRACTS WILL TAKE A JUMP MAYBE INTO THE 150 CLOSER TO 160 LEVEL AT THAT POINT. THAT'S WHERE YOU GET TO WORK ON ON THE HEDGE. INTERESTING. THE DRIVER  BEHIND THE CASH PRICE IS THAT ALL DEMAND DRIVEN AS WE KIND OF GEAR UP FOR GRILLINGS AND ALL  THAT. WELL I THINK THAT'S PART OF IT. I MEAN THIS IS A SEASONAL TIME OF THE YEAR RECESSIONS TEND TO  SEE THE CHOICE IN THE SLICK CUTOUTS RALLY. BUT I THINK THE BOARD IS FOCUSING A LOT MORE ON THE  TRADE DISPUTES NAFTA BEING ONE OF THEM. SURE AND YOU KNOW THAT GETS RESOLVED I THINK MAYBE WE GET SOME INFLUX OF PUSH MONEY TO THE BOARD. BUT IT WAS THIS WAY A LITTLE BIT IN APRIL.  I MEAN WE WERE MAYBE EIGHT. SEVENTY DOLLARS UNDER BUT RIGHT NOW WE'RE 28 HOURS UNDER  DEPENDING ON WHERE YOU LOOKING AT THAT CASH PRICE AND FOR US IT'S IT'S AN OPPORTUNITY. BUT IT'S  ALSO ONE OF THOSE TIMES WHERE YOU ALMOST DO TOO MUCH ANALYSIS AND YOU SCRATCH YOUR HEAD AND SAY WELL WHY WHY WOULDN'T THIS WORK. IT HAS TO WORK RIGHT. SOMETIMES THAT'S RIGHT. JOHN THANK YOU FOR THAT. THANKS. WE'RE BACK WITH MORE IN JUST A MINUTE.

WEATHER
WELCOME BACK TO AGDAY. TIME NOW FOR A CHECK OF WEATHER MIKE WE KNOW THERE WERE SOME  RAINMAKERS THAT MADE THEIR WAY ACROSS THE COUNTRY THIS WEEK HAS SLOWED DOWN PLANNING FOR  SOME. YEAH THERE WILL BE SOME MORE A LOT OF IT IS GOING TO BE IN THE NORTHERN TIER OF STATES  FROM THE CORN BELT NORTHWARD. SO THAT'S WHAT WE'LL BE WATCHING. AS YOU CAN SEE ON THE MAP THIS MORNING WE DO HAVE A SYSTEM OFF THE NORTHEAST COAST MAYBE EASTERN NEW ENGLAND GET  SOME RAIN NOW THAT PROBABLY WILL IN PLACES ANYWAY. SECONDARY SYSTEM OVER THE GREAT LAKES  AND A THIRD ONE OVER THE NORTHERN ROCKIES PUTTING THE MAPS INTO MOTION. YOU WILL SEE THE COLD FRONTS COME SOUTH BUT THEY DON'T BRING A LOT OF MOISTURE WITH THEM BECAUSE HIGH  PRESSURE IS JUST GOING TO BE DOMINATING ACROSS THE NORTHERN PART OF THE GOLF WHICH KIND OF  SUPPRESSES ALL THE MOISTURE DOWN THAT WAY. BUT LATER TODAY WE WILL BE SEEING A FEW SCATTERED SHOWERS AND THUNDERSTORMS MID-ATLANTIC STATES INTO SOUTH CAROLINA IN JUST A FEW HIT AND MISS  SHOWERS. NORTHERN PLAINS BACK INTO THE NORTHERN PORTIONS OF THE ROCKIES AS WE HEAD INTO THE  MORNING HOURS TOMORROW THOUGH WE'LL SEE SOME DECENT RAIN SHOWERS AND THUNDERSTORMS DEVELOPING NORTH OF THE STATIONARY FRONT ACROSS PARTS OF THE NORTHERN PLAINS NORTHERN  MISSISSIPPI VALLEY INTO THE SOUTHERN GREAT LAKES BY MORNING. AND AS WE HEAD THROUGH THE  AFTERNOON HOURS THAT WILL SPREAD A LITTLE BIT FARTHER EAST AND WE'LL SEE SOME HIT AND MISS ACTIVITY DEVELOPING SOUTHERN APPALACHIANS DOWN INTO NORTHERN FLORIDA AND THE NEXT SYSTEM  KIND OF DEVELOPING ALONG THIS STATIONARY FRONT IS GOING TO BE CAUSING SOME RAIN AND MOUNTAIN  SNOWS ONLY IN THE HIGHEST ELEVATIONS. AS WE HEAD THROUGH TOMORROW AFTERNOON. ALL RIGHT LET'S  CHECK PRECIPITATION ESTIMATES PAST 24 HOURS MAINLY GREAT LAKES IN THE NORTHERN ROCKIES ADDING IN THE NEXT 36 HOURS THAT'S GOING TO BE THE MAIN TWO AREAS AGAIN BUT WE WILL HAVE THAT  STRIP OF MOISTURE NORTH OF THAT STATIONARY FRONT. IT LOOKS LIKE FROM SOUTH DAKOTA ACROSS PARTS OF  SOUTHERN MINNESOTA AND NORTHERN IOWA SOUTHERN WISCONSIN NORTHERN ILLINOIS. KIND OF THROUGH  THAT AREA MOST OF THE SOUTH STAYS WARM AND DRY. AND YOU CAN SEE THAT 80S AND 90S FOR HIGHS THIS AFTERNOON ONLY 40S UP ALONG THE CANADIAN BORDER SO A LITTLE BIT ON THE CHILLY SIDE IN THE  FAR NORTH TOMORROW MORNING WE'RE LOOKING AT LOWS IN THE 30S STILL LOWER 40S SU SAINTE-MARIE  COMING IN 33 ON THE COMPUTER MODELS BUT STILL PRETTY WARM AND MUGGY SOUTH OF THAT FRONT. AND THAT'S THE SAME IDEA TOMORROW. YOU CAN SEE THAT BIG DIFFERENCE ACROSS THE FRONT FROM  NORTH TO SOUTH. THERE'S THE JET STREAM. WE DO HAVE THAT TROUGH KIND OF MOVING THROUGH THE  GREAT LAKES IN THE NORTHEAST AS WE HEAD TOWARD THE WEEKEND CUT LOW AND THE SOUTHWEST MAY EVENTUALLY BRING SOME PACIFIC MOISTURE INTO THE SOUTHWESTERN SECTIONS. YOU CAN SEE  OTHER THAN THAT THERE'S REALLY A PRETTY BIG ZONAL FLOW THERE. OCCASIONALLY A LITTLE BIT OF COOL AIR  COMING INTO THE NORTHERN PLAINS NORTHERN LAKES IN THE NORTHEAST. THAT'S A LOOK ACROSS THE  COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. HEAD TO SCOTTSBLUFF NEBRASKA. FIRST OF  ALL PARTLY SUNNY AN AFTERNOON THUNDERSTORM AROUND HIGH OF 81. NASHVILLE TENNESSEE PARTLY SUNNY VERY WARM HIGH OF 88 IN GREENFIELD MASSACHUSETTS A MIXTURE OF CLOUDS AND SUNSHINE  THE AFTERNOON HIGH AROUND 74.

TEASE
STILL TO COME - COMING UP WITH FRAMEWORK FOR A SUSTAINABLE BEEF  INDUSTRY. DETAILS IN OUR DROVERS REPORT. AND LATER, IS YOUR SOON-TO-BE COLLEGE GRADUATE READY FOR THE REAL  WORLD? 

DROVERS TV
IN NEWS FROM OUR PARTNERS AT DROVERS - THE U.S. ROUNDTABLE FOR  SUSTAINABLE BEEF HAS OPENED A 60-DAY PUBLIC COMMENT PERIOD ON THE  GROUP'S "SUSTAINABILITY FRAMEWORK." THE FRAMEWORK IS MEANT TO PROVIDE RESOURCES TO HELP ALL SEGMENTS  OF THE BEEF INDUSTRY IDENTIFY AREAS FOR IMPROVEMENT AND IMPLEMENT  CHANGES. DROVERS EDITOR GREG HENDERSON SAYS THE INITIATIVE IS INTENDED TO HELP  ALL MEMBERS OF THE BEEF CHAIN. "THE KEY AREAS IDENTIFIED BY THE USRSB AS BEING IMPORTANT TO THE  SUSTAINABILITY OF BEEF ARE REFERRED TO AS HIGH-PRIORITY INDICATORS.  THESE INCLUDE: ANIMAL HEALTH AND WELL-BEING, EFFICIENCY AND YIELD,  EMPLOYEE SAFETY AND WELL-BEING, LAND RESOURCES, WATER RESOURCES,  AND AIR AND GREENHOUSE GAS EMISSIONS. "HENDERSON SAYS THE PUBLIC COMMENT PERIOD WILL END JULY 1.  MEANWHILE, AS THREATS OF A 25 PERCENT TARIFF ON U-S PORK IMPORTS INTO CHINA LOOM, THE COUNTRY IS UPPING ITS INSPECTIONS OF U-S PORK. ACCORDING TO RUETERS, PORTS ARE INSPECTING EVERY CARGO THAT ARRIVES. SOME SAY THE INCREASED SCRUTINY IS ACTUALLY A WARNING SIGN FROM  BEIJING OVER A POSSIBLE TRADE DISPUTE. THAT'S AS TALKS BETWEEN THE U-S AND CHINA ARE ONGOING. THE COUNTRY ALSO ANNOUNCING IT WILL INPSECT APPLES AND LOGS FROM THE U-S.   

TEASE
PLUS IT'S CAP-N-GOWN TIME AT UNIVERSITIES ACROSS THE COUNTRY. HAVE  THOSE FOUR YEARS - OR SO - IN COLLEGE PREPARED THEM FOR THE REAL  WORLD?  

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE. VISIT KUBOTA.COM TODAY. MAY IS GRADUATION MONTH FOR STUDENTS AT THE UNIVERSITY OF TENNESSEE,  AND SCHOOLS ACROSS THE COUNTRY. BUT TO FIRST EARN A DEGREE, STUDENTS MUST PUT IN YEARS OF HARD WORK. IN THIS REPORT PROVIDED  BY U-T CHARLES DENNEY HAS MORE ON THE  DEMANDS STUDENTS FACE, AND WHAT MAY BE A CHANGING IMAGE OF COLLEGE  LIFE. "ANIMAL HOUSE" MAY BE FUNNY, BUT IT'S ALSO FANTASY. IF THIS IS YOUR IDEA OF WHAT COLLEGE IS  LIKE, YOU MAY WANT TO RE-THINK THE IMAGE. THERE'S A SOCIAL ELEMENT TO UNIVERSITY LIFE, BUT A STUDENT WHO DOES NOTHING BUT PARTY USUALLY  DOESN'T STAY A STUDENT FOR VERY LONG. AMY MORGAN AT UT'S COLLEGE OF AGRICULTURAL SCIENCES AND NATURAL RESOURCES WILL SOON  GRADUATE WITH A DEGREE IN FOOD AND AGRICULTURAL BUSINESS.  COLLEGE HAS BEEN FUN, SHE'S  MADE GREAT CONNECTIONS, BUT IT'S ALSO BEEN A LOT OF WORK. AMY MORGAN: "WHEN I GOT TO COLLEGE, IT'S A WHOLE DIFFERENT BALLPARK. AND IT'S NOT JUST JUGGLING  YOUR SCHOOLWORK, BUT IT'S ALSO JUGGLING YOUR LIFE AND LEARNING HOW TO BALANCE THAT WITHOUT YOUR  PARENTS." DALTON TEEL: "I REALLY, REALLY ENJOY TALKING AND SPEAKING WITH PEOPLE, AND I'M REALLY PASSIONATE  ABOUT AGRICULTURE. DALTON TEEL WANTS TO CREATE AGRICULTURAL PROGRAMS FOR INNER CITY SCHOOLS. HE'S A JUNIOR NOW,  BUT RECALLS THE HUMOR IN ONE OF HIS FIRST TESTS AS A FRESHMAN. DALTON TEEL: "AND I DID WHAT I  TYPICALLY DID IN HIGH SCHOOL WHICH WAS MAYBE LOOK AT SOME NOTES FOR THIRTY MINUTES BEFORE THE TEST. AND I GOT BACK THAT EXAM SCORE AND I WAS LIKE HOLY COW, SOMETHING'S GOT TO  CHANGE."  CHARLES DENNEY: "COLLEGE STUDENTS HAVE INCREDIBLE DEMANDS ON THEIR TIME – ACADEMICS, LABS, PROFESSIONAL INTERNSHIPS AND MANY WORK TO PAY FOR SCHOOL. BEING A STUDENT IS A JOB, AND  ONE THAT OFTEN GOES WAY BEYOND 40 HOURS A WEEK." SHARON COUCH: "THAT TREMENDOUS RESPONSIBILITY TO BE WORKING ALL THE TIME AT ANY TIME I THINK  PUTS EXTRA PRESSURE ON THEM." SHARON COUCH, COORDINATOR OF STUDENT LIFE AND DIVERSITY  PROGRAMS FOR CASNR, BELIEVES BEING A COLLEGE STUDENT TODAY IS AS DEMANDING AS EVER. THERE IS A DARK SIDE. SOME STRUGGLE WITH STRESS, AND AS MANY AS ONE IN FIVE  STUDENTS EXPERIENCE ANXIETY AND DEPRESSION.COUCH WORKS TO GIVE STUDENTS THE SUPPORT THEY NEED.  "HAVING ACCESS TO THOSE TOOLS WILL ALLOW THEM TO BE MORE SUCCESSFUL AND  TO BE ABLE TO MANAGE THIS 24 HOUR A DAY LIFE WE CALL STUDENT LIFE. WHAT I TRY TO MAKE SURE THAT  I DO IS TO PREPARE THEM BY GIVING THEM RESOURCES IN TERMS OF TIME MANAGEMENT, STUDY SKILLS, JUST HOW TO GET ALONG WITH PEOPLE." SO IF YOU WANT A GOOD LAUGH, WATCH "ANIMAL HOUSE."  BUT  IF YOU WANT TO KNOW WHAT COLLEGE IS REALLY LIKE, TALK TO AN ACCOMPLISHED STUDENT. FOR MANY THIS GRADUATION SEASON - CHALLENGE ACCEPTED, CHALLENGE MET. THIS IS CHARLES DENNEY  REPORTING. 

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

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