AgDay Daily Recap - May 17, 2018

May 17, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
MAY 17, 2018

HEADLINES

THE HEAD OF EPA TAKES FIRE IN A WASHINGTON HEARING. WHILE THE FARM BILL BEGINS DEBATE-- <IS IT STILL NECESSARY TO HAVE A FARM BILL IN  THE 21ST CENTURY? YES> IN AGRIBUSINESS...THE IMPACT OF HIGHER OIL PRICES DROUGHT WORRIES GROW IN THE CATTLE COUNTRY OF  THE SOUTHERN PLAINS. AND DESERT GREEN--AS A NEW MEXICO FARMER FINDS  A FUTURE IN THE LONESTAR STATE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO. 

EPA HEARING
GOOD MORNING I'M CLINTON GRIFFITHS. THE HEAD OF THE ENVIRONMENTAL PROTECTION  AGENCY TAKES FIRE FROM BOTH SIDES OF THE AISLE  AS MAJOR AG ISSUES LINGER. <"EVERYDAY THERE SEEMS TO BE A NEW SCANDAL AND YOU AT DEAD  CENTER,"> THAT WAS CHARACTERISTIC OF THE QUESTIONING  ADMINISTRATOR SCOTT PRUITT FACED DURING HIS  HEARING BEFORE THE SENATE SUBCOMMITTEE ON  INTERIOR, ENVIRONMENT, AND RELATED AGENCIES. THE HEARING WAS SUPPOSED TO LOOK AT THE FISCAL  2019 BUDGET REQUEST FOR THE EPA.  INSTEAD IT FOCUSED HEAVILY ON RECENT ETHICS  CONCERNS AND POLICY DECISIONS. NATIONAL REPORTER BETSY JIBBEN JOINS US WITH  MORE FROM THE HEARING. CLINTON, EPA ADMINISTRATOR SCOTT PRUITT IS  MAKING A NAME FOR HIMSELF IN AG CIRCLES. ON ONE HAND, HE'S WORKING TO ELIMINATE THE  WATERS OF THE U.S. RULE MANY AG GROUPS  OPPOSED. ON ANOTHER, RECENT RFS OBLIGATION WAIVERS HAVE  PUT HIM UNDER INTENSE SCRUTINY IN AG CIRCLES. FROM PRAISE.... "THANK YOU FOR APPEARING TODAY AND SHOWING ALL YOUR GOOD  LEADERSHIP AS HEAD OF THE EPA,"> TO FRICTION... "YOURE TRAILING A STRING OF ETHICAL LAPSES AND  CONTROVERSIES, THEY ARE AN EMBARESSMENT TO THE EPA ARE AN EMBARESSMENT TO REPUBLICANS AND DEMOCRATS ALIKE."> WEDNESDAY LITTLE TO NONE OF THE SENATORS  QUESTIONS PERTAINING TO THE WATERS OF THE  UNTIED STATES WITHDRAW AND REPLACEMENT  TIMELINE OR  THE RENEWABLE FUEL STANDARD. THE INTENSE SCRUTINY SPILLED OVER INTO OTHER  ASPECTS OF HIS TENURE AT EPA. CRITICS  AT THE HEARING VOCAL ABOUT HIS   QUESTIONABLE BEHAVIOR, ALLEGING PRUITT PAID ONE ADVISOR WHO DID NOT SHOW UP FOR WORK DURING A  3 MONTH PERIOD, ASKING PRUITT IF HE ALLEGEDLY  REQUESTED SIRENS ON THIS MOTORCADE VISITS  DURING TIMES WHEN IT WASN'T AN EMERGENCY AND  INVESTIGATING HIS SPENDING PRACTICES. <"BY MY COUNT, THERE ARE 14 AND MAYBE EVEN 16 INVESTIGATIONS IF  YOU INCLUDE THE TWO ONGOING REVIEWS YOUR PEERS FILED AT THE WHITE HOUSE."> <"WITH THE 11 OR 14 OR 16, WHATEVER THE NUMBER IS WITH PENDING  INVESTIGATIONS, THERE ARE REPORTS YOU ARE ESTABLISHING A LEGAL DEFENSE FUND. IS THAT TRUE? P: I UNDERSTAND THAT'S BEING SET UP.  IT'S IN THE PROCESS OF BEING SET UP, YES.">ON THE AG FRONT, PRUITT SAYS HE HOPES TO HAVE A  WOTUS PLAN FINALIZED AND REPLACEMENT TEXT  RELEASED BY THE END OF THE YEAR. HE ALSO  COMMENTED ON THE AG WORKER PROTECTION  PROGRAM AND CHILD WORKER SAFETY...SAYING HE  HOPES TO LEAVE SOME OF THOSE ANSWERS TO  STATES. IOWA REPUBLICAN SENATOR CHUCK GRASSLEY IS ALSO  THREATENING TO ASK PRUITT TO RESIGN OVER THE  ETHANOL WAIVERS ISSUE. GRASSLEY SAYING HE WILL ASK THE ADMINISTRATOR  TO STEP DOWN IF HE DOES NOT SCALE BACK THOSE  WAIVERS ISSUED TO REFINERS SEEKING EXEMPTIONS  FROM THE BIOFUELS LAW. <"HERE WE ARE SOMETHING OF GREAT INTEREST TO THE ECONOMY OF  IOWA TO A CLEANER ENVIRONMENT TO CREATING BETTER PRICES FOR  FARMERS, GOOD JOBS IN RURAL AMERICA,  IT'S PRETTY IMPORTANT WE FIGHT  FOR ETHANOL. IF PRUITT CAN'T DELIVER, I WANT SOMEONE ELSE IN THERE TO DO IT."> THANKS BETSY.  

HOUSE TAKING ON FARM BILL
THE HOUSE OF REPRESENTATIVES TAKING UP THE FARM BILL DEBATE WEDNESDAY. <WE'RE IN THE MIDST OF A FIVE YEAR RECESSION IN AGRICULTURE.  FARMERS RANCHERS HAVE SEEN NET INCOME DROP BY 52 PERCENT.  THIS IS AMONG THE STEEPEST DECLINES IN NET FARM INCOME SINCE  THE DEPRESSION. I FULLY SUPPORT A FULL THROATED DEBATE ON THE FARM  BILL BUT I ALSO WANT EVERYONE TO BE AWARE OF JUST WHAT'S AT STAKE0> ON TUESDAY THE HOUSE RULES COMMITTEE  APPROVING A STRUCTURE FOR FLOOR DEBATE OF THE  FARM BILL. IT'S ALLOWING ONE HOUR OF GENERAL DEBATE AND 10  MINUTES PER AMENDMENT.  THE RULES COMMITTEE MEETING AGAIN WEDNESDAY  TO FINALIZE WHICH AMENDMENTS WILL MAKE IT TO THE  FLOOR INCLUDING THOSE DEALING WITH FARM SAFETY  NET PROGRAMS.  THE BIGGEST STICKING POINT FROM A BI-PARTISAN  PERSPECTIVE  REMAINS THE NEW WORK REQUIRES FOR  SOME ON THE SUPPLEMENTAL NUTRITION ASSISTANCE  PROGRAM.  BETWEEN 5 AND 7 MILLION SNAP RECIPIENTS ARE  LIKELY TO BE IMPACTED. 

NAFTA DEADLINE
TODAY MARKS THE DEADLINE SET BY HOUSE SPEAKER PAUL RYAN FOR A NEWLY NEGOTIATED NAFTA AGREEMENT. THAT LINE LOOKS LIKELY TO BE MISSED. WHILE, NAFTA NEGOTIATORS FROM THE U.S., CANADA  AND MEXICO CONTINUE TO WORK THROUGH SOME OF  THE TOUGHEST ISSUES, THE KEY NEGOTIATORS-- INCLUDING U.S. TRADE REPRESENTATIVE ROBERT  LIGHTHIZER, ARE NOT SCHEDULED TO MEET THIS WEEK-- ALTHOUGH THEY ARE QUOTE "ON CALL." MOODS FROM THOSE INVOLVED REMAIN POSITIVE EVEN  AS SOME OF THE HARDEST ISSUES ARE YET TO BE  RESOLVED. 

TRADE TALKS WITH CHINA
THUS FAR, IT'S BEEN A VERY QUIET VISIT FOR TRADE  LEADERS FROM CHINA. THE CHINESE VICE PREMIER MET WITH SENATE FINANCE  CHAIRMAN ORRIN HATCH AND HOUSE WAYS AND MEANS  CHAIRMAN KEVIN BRADY WEDNESDAY TO DISCUSS  ISSUES REGARDING THE U.S. CHINA ECONOMIC RELATIONSHIP. PRESIDENT TRUMP CONTINUING TO TOUT THE TALKS AS  HE SAYS THE U.S. IS WORKING ON A LARGER TRADE  DEAL BETWEEN THE TWO NATIONS. 

CROP COMMENTS
LETS CHECK ON PLANTING PROGRESS FROM OTHER PARTS OF THE  COUNTRY. FOR THAT WE TURN TO OUR OWN METEOROLOGIST  MIKE HOFFMAN FOR TODAY'S CROP COMMENTS. GOOD MORNING CLINTON. IS TOUGH WORK. WE GOT THIS PICTURE FROM PETERSON FARM SEEDS AND ANDY SWEET.  THEY SAY PLANTING AS EXHAUSTING. YOU CAN SEE LITTLE DREW CURL UP ON THE FLOOR OF  THE TRACTOR FOR A NAP. AND OF  COURSE WHY NOT CURL UP WITH A PUPPY  WHILE THE FIELD IS PLANTED. <AND LET'S TAKE A LOOK AT THE WINDSPEED FORECAST. YOU CAN SEE  IT'S NOT GOING TO BE VERY WINDY TO START TODAY A LITTLE BIT IN THE  NORTHERN PLAINS WHEN IT DOES END UP BEING A LITTLE WINDY IN THE FAR  WESTERN PLAINS MAINLY THE HIGH PLAINS BACK INTO THE SOUTHWEST A  LITTLE BIT IN THE SOUTHERN GREAT LAKES HEADING INTO THE DAY TOMORROW. WE'RE STILL GOING TO BE FAIRLY WINDY FROM THE DAKOTAS  DOWN INTO KANSAS AND PARTS OF THE EASTERN GREAT LAKES. AND IT  JUST PICKS UP AS WE HEAD THROUGH THE AFTERNOON HOURS AS IS PRETTY TYPICAL. WE'LL HAVE YOUR FORECAST COMING UP BUT FIRST HERE  ARE SOME HOMETOWN TEMPS> WE'LL BE TALKING THE CORN ETHANOL DEMAND  PICTURE NEXT FROM THE AGRIBUSINESS DESK. 

TEASE
AND LATER, A NEW MEXICO FARMER FINDS A NEW HOME IN TEXAS. A STORY IN HIS OWN WORDS LATER ON  AGDAY. YOUR NEXT PIECE OF EQUIPMENT IS ON MACHINERY PETE DOT COM.  SEARCH EQUIPMENT FROM DEALERSHIPS ACROSS THE COUNTRY TO FIND WHAT YOU'RE LOOKING FOR. ONLY ON MACHINERY PETE DOT COM. 

FROM THE FLOOR
IN AGRIBUSINESS ANOTHER BUMPY TRADING SESSION WEDNESDAY. DETAILS NOW FROM OUR FRIENDS ON THE FLOOR. <0TODAY'S SOYBEANS REALLY DROPPED HARD DOUBLE DIGITS THE TARIFF  WORRIES ARE REALLY PRESSING THE FUTURES LOWER THE CONCERNS REALLY  HALTED THE DEMAND FROM CHINA. AND SO WE DON'T HAVE ANY EXPERTS. EXPORTS ARE REALLY GOING TOWARDS THAT AREA. THERE ARE  TALKS IN WASHINGTON RIGHT NOW. NO ONE'S EXACTLY SURE HOW WELL  THEY'RE GOING. COMMERCIALS ARE ALSO UNLOADING SOME OF THEIR LONG POSITIONS AND I THINK THAT THEY HAVE A LITTLE BIT OF AN IDEA THAT  THERE'S WORRIES THAT THERE'S GOING TO BE BIG DISRUPTION IN THIS  MARKET ESPECIALLY THAT WE'RE ON THE PRECIPICE OF THE PLANTING SEASON. SO WE'RE WATCHING EVERYTHING DAY TO DAY AND REALLY  CLOSE. CORN WAS MIXED TODAY. SEEMS THAT THE NATIONAL CORN  BASE IS REALLY STRONG. BUT FUTURES AND FUTURES CONTINUE TO MOVE HIGHER AND IT LOOKS LIKE THAT WE'RE GOING TO TRY TO AIM FOR THE HIGH  WHICH IS FOUR DOLLARS AND EIGHT CENTS. THAT'S ALL FROM THE FLOOR OF THE CME.

AGRIBUSINESS
AMERICANS SPENT AN EXTRA $4.4 BILLION ON GASOLINE  LAST MONTH COMPARED TO APRIL 2017 ACCORDING TO  NEW GOVERNMENT DATA. SO WHAT DOES THIS HIGHER OIL PRICE MEAN FOR  ETHANOL AND CORN? TYNE MORGAN JOINS US FROM THE AGRIBUSINESS  DESK. <HERE NOW WITH SUE MARTIN OF AG AND INVESTMENT SERVICES.  SUE LET'S LOOK AT KIND OF ETHANOL THE CORN THE OIL MARKET ALTOGETHER. WHEN YOU LOOK AT THESE OIL PRICES WE'VE SEEN SOME  IMPRESSIVE MOVEMENT WHEN IT COMES TO OIL. WE REALLY HAVE AND I  THINK PART OF IT IS INFLATIONARY. YOU KNOW CHINA'S IMPORTS OF OIL CRUDE OIL IS PRETTY AGGRESSIVE AND THE U.S. STOCKS KEEP GETTING  DRAWN DOWN AND IT'S JUST AMAZING TO HEAR US EXPORT AS  AGGRESSIVELY AS WE HAVE BEEN THEN IN THE MEANTIME YOU'VE GOT VENEZUELA IN VERY DEEP FINANCIAL TROUBLE. AND SO WHEN I LOOK  AROUND THE WORLD AND I SEE ECONOMIES GROWING AS THEY ARE AND  OF COURSE ESPECIALLY WITH ALL THE ENDEAVORS THE AMBITIOUS GOALS THAT CHINA HAS BETWEEN NOW AND THE END OF 2020 AND EVEN  STRETCHING OUT INTO 2025 I WOULD HAVE TO SAY THAT THE DEMAND FOR  CRUDE OIL IS GOING TO BE. AND ENERGY IS GOING TO REMAIN VERY GOOD. AND IF WE SEE DEMAND FOR CRUDE OIL END UP BEING  EXTREMELY POSITIVE AND THAT SPILLS OVER INTO PRICES DO YOU THINK  THAT HELPS TO GENERATE MORE DEMAND FOR ETHANOL AND IN THE END HELPS SUPPORT CORN PRICE. ABSOLUTELY. I MEAN I DON'T SEE IT ANY  OTHER WAY. IT'S VERY SUPPORTIVE AND ACTUALLY CORONES KIND OF  ALMOST IGNORED WHAT CRUDE'S BEEN DOING. YOU KNOW IT'S BEEN SO QUIET. AND I THINK IT'S BECAUSE OF THE FACT THAT WE ALL KNEW THAT  ACRES MIGHT GO DOWN THIS YEAR AND THAT TYPE OF THING. BUT I THINK  WHAT IT IS IS THE SURPRISE I THINK IS THAT WITH THE OLD CROP STOCKS  STILL IN FARMERS HANDS I THINK YOU KNOW THERE'S AN OLD SAYING YOU  GOT TO GET HIM OUT OF THE FARMERS HANDS AND INTO THE COMMERCIAL  HANDS TO GET IT MOVING. BUT THE BOTTOM LINE IS THERE'S ONE THING  ON CORN FOR EXAMPLE I'M ALMOST DEVIATE NO HAIR HERE. BUT ON DEASE CORN YOU'VE GOT DECEMBER CORN OF THIS YEAR AND  DECEMBER CORN OF 2019. NECK AND NECK THERE'S NO CARRY. AND IT  ALMOST GIVES A FEEL OR AN IMPLICATION THAT WE COULD POSSIBLY BE LOOKING AT INV. MARKETS NEXT YEAR. THAT'S ANOTHER REASON  PRODUCERS WANT TO BE CAREFUL NOT GETTING TOO AGGRESSIVE SELLING  ANOTHER CROP YOU'RE OUT. WE'RE WE'RE FIVE SIX YEARS INTO THIS. FROM THE ALTA OR BELL THE ALL TIME HIGH IN 2012. SO I JUST CAUTION  PEOPLE BEING TOO WILLING TO DO THAT. WE'VE JUST BEEN SAYING WHEN  YOU SELL THINGS HAVE A WAY BACK INTO THE MARKET TO KEEP THE TOPSIDE OPEN BUY CALL OPTIONS AND THEY'RE CHEAP YET ACTUALLY. ALL  RIGHT MARK THANK YOU SO MUCH FOR JOINING US. LET'S TAKE A QUICK  BREAK AND THEN WE'LL HAVE A CHECK OF WEATHER HERE ON AGDAY0> 

WEATHER
<WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST'S MIKE  HOFFMAN AND MIKE WE FOCUS A LOT ON THE MIDWEST THE SOUTHWEST  SOUTHERN PLAINS BUT THE EAST COAST LOOKS LIKE IT MAY GET A DOUSING THIS. YEAH AND THIS IS STILL FROM THAT VERY SLOW MOVING  TROPICAL LIKE SYSTEM THAT'S COME OUT OF THE GULF OF MEXICO. AND  YOU CAN SEE THIS MORNING IS KIND OF ROTATING OVER NORTHERN ALABAMA AND NORTHERN MISSISSIPPI ALONG THE STATIONARY FRONT. IT'S  GOING TO MOVE A LITTLE BIT FARTHER NORTH AND THAT'S GOING TO START  TRENDING EASTWARD ALONG THIS STATIONARY FRONT BUT THE WHOLE TIME IT'S GOING TO CONTINUE TO DRAW DOFF MOISTURE ACROSS FLORIDA AND  IT'S ALREADY BEEN VERY WET OVER THE PAST THREE OR FOUR DAYS IN  MUCH OF FLORIDA ON UP INTO THE MID-ATLANTIC STATES GOING TO BE PULLING IN SOME ATLANTIC MOISTURE AS WELL. NOW WE DO HAVE TWO  SYSTEMS OUT WEST. A SLOW MOVER IN THE PACIFIC NORTHWEST A LITTLE  FASTER MOVING SYSTEM COMING ACROSS THE NORTHERN PLAINS AS WE HEAD INTO TONIGHT AND TOMORROW SEE SOME SCATTERED SHOWERS  AND THUNDERSTORMS THERE. 7:00 A.M. TOMORROW. THAT SYSTEM IS  OVER NORTH DAKOTA. THE SOUTHERN SYSTEM OVER CENTRAL  TENNESSEE THAT WILL START TO MOVE NORTH EASTWARD IN THE NORTHEAST TENNESSEE BY LATER ON IN THE DAY TOMORROW. AND THE  NORTHERN SYSTEM IS IN NORTHWESTERN MINNESOTA. BY THAT POINT WITH  A COLD FRONT PRODUCING SOME SHOWERS AND THUNDERSTORMS LEAST HIT MISS VARIETY ACROSS NORTHERN AND SOUTH NORTH CENTRAL PLAINS.  PRECIPITATION ESTIMATE PAST 24 HOURS LIKE I SAID WE'VE ALREADY  SEEN A LOT OF RAIN. PARTS OF THE PANHANDLE OF FLORIDA ON DOWN THROUGH THE PENINSULA AS WELL IN SOME SECTIONS OF THE MID- ATLANTIC. BUT YOU ADD IN THE NEXT 36 HOURS AND OUR COMPUTER MODELS ARE SHOWING SOME OF THE SOME OF THE AREAS JUST EAST OF  THE APPALACHIANS IN VIRGINIA GETTING 10 TO 12 INCHES OF RAIN. I  MEAN THAT'S A LOT OF RAIN IN A SHORT PERIOD OF TIME. THERE ARE A LITTLE BIT ON THE DRY SIDE BUT THAT WILL BE THE CASE IF THEY END UP  GETTING THAT MUCH. HERE ARE THE TEMPERATURES THIS AFTERNOON.  80S ALL THE WAY UP THROUGHOUT THE PLAIN STATES AND 70S AND 60S  THROUGH THE NORTHEAST AND THE NORTHWEST TAKING IN TEMPERATURES  TONIGHT. SEE IT STAYS PRETTY MUGGY FROM THE MID-ATLANTIC ALL THE  WAY DOWN TO TEXAS. PLEASANT THOUGH ACROSS MOST OF THE CORN BELT AND HIGH TEMPERATURES TOMORROW NOT QUITE AS MANY 80S BUT  WE'LL STILL SEE A LOT OF 70S ALL THE WAY UP INTO MINNESOTA A LITTLE BIT  COOLER AIR BEHIND THAT SECOND FRONT COMING INTO NORTH DAKOTA.  AND YOU CAN SEE WITH THE JET STREAM AND THERE'S THE UPPER LEVEL  TROUGH THERE KIND OF FOLDS IN AND MOVES WITH THE MAIN TROUGH AS  WE HEAD THROUGH THE WEEKEND AND OUT TO SEA IT GOES. BUT ALL IN  ALL WE'RE LOOKING AT KIND OF A LITTLE BIT OF A TROUGH OUT WEST RIDGE THROUGH THE MIDDLE. LITTLE BIT OF A TROUGH IN THE NORTHEAST THAT  MEANS THE HEAT WILL BE ON THROUGHOUT THE MIDDLE OF THE COUNTRY. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS FOR BELFIELD NORTH DAKOTA PARTLY SUNNY MAYBE AN  AFTERNOON THUNDERSTORM IN SPOTS HIGH OF 81. LAKE CHARLES  LOUISIANA PARTLY SUNNY HOT AND HUMID HIGH 94 IN CAMBRIDGE  OHIO PARTLY SUNNY THERE IS A CHANCE OF A THUNDERSTORM HIGH  AROUND 760> 

TEASE
MILLIONS OF COWS STAND IN STATES FACING DROUGHT THIS SUMMER.  WE'LL TAKE A CLOSER LOOK NEXT ON DROVERS TV. AND AMONG THE TANS AND TAUPES OF THE DESERT,  THIS NEW MEXICO FARMER IS MAKING HIS MARK ON THE  LANDSCAPES OF TEXAS.

DROVERS TV
FROM THE EDITORS AT DROVERS, IT'S ONLY MID-MAY, BUT CATTLE PRODUCERS ARE WORRIED ABOUT SUMMER GRAZING PROSPECTS.  LAST WEEK USDA RELEASED THE FIRST OF ITS WEEKLY PASTURE AND RANGE CONDITIONS REPORT FOR THE  U.S. THE SEASON OPENED WITH THE LOWEST RATINGS FOR  THE SAME TIME PERIOD SINCE 2014.  APPROXIMATELY 20% OF U.S. PASTURES ARE IN POOR  TO VERY POOR CONDITION.  THAT'S MORE THAN 10% HIGHER THAN LAST YEAR AT  THIS TIME. THE WESTERN REGION IS EVEN WORSE, WITH 30% OF  PASTURES POOR TO VERY POOR.  <HOT, DRY WEATHER AND SHORT PASTURES OBVIOUSLY STRESS COWS AND REDUCE CALF PERFORMANCE, AND THE EFFECTS CAN STRETCH INTO NEXT  YEAR WITH LOWER CONCEPTION RATES FROM UNDERNOURISHED COWS.> FIVE STATES AT THE CENTER OF THIS YEAR'S  EXCEPTIONAL DROUGHT DESIGNATION ARE: TEXAS,  OKLAHOMA, NEW MEXICO, COLORADO AND KANSAS.  THOSE FIVE STATES ARE HOME TO 9.5 MILLION COWS,  OR ABOUT 30% OF THE NATION'S COW HERD. SOME OF THOSE PLACES IN THE SOUTHERN PLAINS ARE  GOING ON NEARLY 200 DAYS WITHOUT A SIGNIFICANT  RAINFALL. SOME PRODUCERS ARE ALREADY COMPARING THE  SITUATION TO THE DROUGHT OF 2011 WHEN HUNDREDS  OF THOUSANDS OF HEAD WERE FORCED OUT OF THE SOUTHERN PLAINS DUE TO THE EXTENDED DRY PERIOD. THIS YEAR, THE QUESTION IS WHETHER THIS PATTERN  WILL CONTINUE THROUGH THE SUMMER.  "LOOK,YOUR GENERAL GARDEN VARIETY DRY-LINE THUNDERSTORMS WE  GET EVERY YEAR IN THIS PART OF THE WORLD ARE NOT GOING TO FIX THE  PROBLEM. YOU'RE NOT GOING TO GET A FRONT COMING THROUGH AND FIX THE PROBLEM. YOU'RE GOING TO NEED A MASSIVE STORM COMPLEX  WHICH WILL FUNDAMENTALLY CHANGE THE ATMOSPHERIC PROFILE WHICH  WILL GET MORE MOISTURE IN.IS THIS THE SPRING AND SUMMER WE SEE THAT SHIFT? I'M NOT  READY TO SAY THAT YET.MARTIN SAYS THE DROUGHT IN 2011 COVERED A WIDER  AREA THAN THE SOUTHERN PLAINS DROUGHT TODAY.  HOWEVER, HE DOES COMPARE THE DROUGHT  STRICKEN AREAS TO 2011.  CATTLE MOVEMENTS HAVE BEEF PACKERS ENJOYING  STRONG PROFITS THIS SPRING.  ACCORDING TO THE LATEST STERLING BEEF PROFIT  TRACKER, LAST WEEK'S COMBINATION OF LOWER CASH  CATTLE PRICES AND HIGHER BEEF CUTOUT VALUES PUSHED PACKER MARGINS TO $214 PER HEAD. FEEDYARD MARGINS HOWEVER FELL $15 PER HEAD  NOW SITTING AT $92. A MONTH AGO CATTLE FEEDERS WERE LOSING MORE  THAN $40 PER HEAD. A YEAR AGO IT WAS PROFITS TOPPING $500 PER  ANIMAL. 

TEASE
WHEN WE COME BACK, WE'LL STAY IN THE HOT DRY CLIMATE OF TEXAS WHERE THIS TRANSPLANT FARMER  IS FINDING SUCCESS HAYING FIELDS OF GREEN. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS,  UTILILTY VEHICLES, MOWERS AND MORE.  VISIT KUBOTA.COM TODAY. ) GROWING UP IN SOUTHERN NEW MEXICO, GREEN WAS  OFTEN HARD TO COME BY. BUT, YOU COULD ALWAYS COUNT ON THE FIELDS OF  ALFALFA TO ADD COLOR TO THE PALETTE. TODAY THE TEXAS FARM BUREAU INTRODUCES US TO A  NEW MEXICO FARMER NOW PLANTING ROOTS AND A  DESERT OASIS IN TEXAS. <0MY ENTRANCE INTO THE AGRICULTURAL WORLD IS A UNIQUE ONE IN THE  FACT THAT WE DIDN'T START OFF WITH A MULTIGENERATIONAL FARM. I GREW  UP IN THE SANDBOX BEHIND MY PARENTS HOUSE WATCHING AGRICULTURE TAKE PLACE EVERY DAY KNOWING THAT I WANTED TO BE A  PART OF IT. WE STARTED WITH 10 ACRES AND WE'VE JUST KIND OF GROWN  FROM THERE IN TEXAS. NOW WE'RE WE'RE MAINLY SPECIALIZING IN ALFALFA. THE BEAUTIFUL THING ABOUT HIGH ALTITUDE WARM DAYS COOL  NIGHTS IS THE AMOUNT OF PROTEIN THAT WE CAN PUT INTO THE ALFALFA  AND THE FACT THAT WE CAN GROW SOMETHING LIKE THIS THAT WE CAN CUT AND BALE MULTIPLE TIMES AND THE ANIMALS CAN GET WHAT THEY NEED OUT OF ONE BALE OR ONE BAG OF FEED SEASON STARTS IN APRIL  WHEN WE TRY TO FINISH UP SOMEWHERE AROUND THE MIDDLE OF  NOVEMBER. WE TRY TO DO THIS CUT BELEM A 28 DAY SCHEDULE. WE  CAN GET ANYWHERE FROM SEVEN TO EIGHT CUTS OUT HERE DEPENDING  ON WHERE OUR WEATHER PATTERNS ARE DOING FOR THE YEAR. ONCE WE  START WE NEVER STOP ALL THE WAY THROUGH THE SEASON WITH OUR ALFALFA. WE TRY TO DO TWO DIFFERENT PROCESSES. ONE IS THE CUTTING  BUILD ALFALFA THAT ARE SHIPPED ALL OVER THE COUNTRY AND THE OTHER  ONE IS THE PREMIUM CHOPPED ALFALFA AND THEN THAT'S SHIPPED ALL OVER THE WORLD. WE'RE ONLY TWO HOURS AWAY FROM OUR NEW MEXICO  FARM AND THERE ARE SO MANY VARIANCES BETWEEN WHAT WE DO  THERE AND HERE IN NEW MEXICO. WE RELY HEAVILY ON THE RIO  GRANDE RIVER WHEREAS HERE IT'S STRICTLY IRRIGATION WHILE PUMPING  WELL SOME OF THE NEW TECHNOLOGIES THAT WE'VE IMPLEMENTED ON  THE FARM ALREADY WE KNOW THAT WE'RE SAVING OVER A MILLION  GALLONS OF WATER A DAY. WE'RE ABLE TO UTILIZE OUR NATURAL RESOURCE  AT A RESPONSIBLE RATE. IT'S JUST BEEN AMAZING TO SEE HOW WE'VE  TAKEN OUR SMALL FARM AND GROWN IT WITH GREAT PEOPLE GREAT PARTNERS AND A DRIVE TO NOT ONLY GROW GOOD FOOD AND FIBRE BUT  DRIVE TO BE TRANSPARENT IN A WAY THAT WE PRODUCE THOSE WE HAVE  TO BE ABLE TO BE ADAPTIVE AND ONE OF THE BIGGEST THINGS THAT I'VE  ADAPTED TO IS SOCIAL MEDIA. MY DREAM IS FOR PEOPLE TO  UNDERSTAND WHERE THINGS ARE COMING FROM ON THE FARM. THERE  ARE SO MANY CHALLENGES IN AGRICULTURE YOU KNOW TALKING ABOUT LABOR AND EMPLOYEES. IT'S EXTREMELY DIFFICULT FOR US TO BE ABLE TO COMPETE WITH THE OIL FIELD RIGHT ACROSS THE MOUNTAIN. YOU TREAT  YOUR EMPLOYEES LIKE YOU WOULD TREAT YOURSELF THEN YOU DON'T  HAVE A HARD TIME WITH RETENTION. WE'RE LOOKING TO HIRE YOUNG PEOPLE THAT HAVE FAMILIES WE WANT TO SEE THE SCHOOL DISTRICT  GROW. WE WANT TO SEE COMMERCE IN OUR SMALL TOWNS START TO  GROW. THE BIGGEST THING ABOUT ANYBODY'S OCCUPATION IS WAKING  UP IN THE MORNING AND TRULY JUST LOVING WHAT YOU DO. MY SWEET  WIFE HAS NO AGRICULTURAL BACKGROUND BUT SHE WAS CRAZY ENOUGH  TO MARRY ME AND MOVED TO THE MIDDLE OF NOWHERE. AND OUR LITTLE DAUGHTER HARVEST CAME ALONG AND PEOPLE ASK YOU KNOW DO YOU  THINK SHE'LL TAKE OVER THE REINS SOMEDAY. AND I HOPE SO. BUT AT  THE SAME TIME I WANT TO PURSUE HER DREAMS. NOBODY TOLD ME WHAT I HAD TO DO IN LIFE AND I'M GOING TO GIVE HER EVERY OPTION THAT SHE CAN TO BE ABLE TO DO WHAT SHE WANTS TO DO>

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  I'M CLINTON GRIFFITHS. HAVE A GREAT DAY IN FARM COUNTRY.

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