AgDay Daily Recap - May 30, 2018

May 30, 2018 10:02 AM
 
AgDay

TODAY ON AGDAY
MAY 30, 2018

HEADLINES

A POST HOLIDAY RALLY FOR COTTON PRICES...WE'LL LOOK AT WHY. PLUS, THE LATEST CROP PROGRESS REPORT. IN AGRIBUSINESS...ETHANOL...UPDATES. A BRAZILIAN TRUCKER STRIKE IS IMPACTING FRESH FRUIT SALES IN THE U.S. AND STRAWBERRY FIELDS IN TEXAS--A YOUNG COUPLE'S PLAN FOR PROSPERITY. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO. 

COTTON HITS LIMIT UP
GOOD MORNING I'M CLINTON GRIFFITHS. A BUMPY START TO THE WEEK FOLLOWING THE MEMORIAL DAY HOLIDAY. STOCKS FALLING TRIPLE DIGITS DURING TUESDAY'S TRADING SESSION. HOWEVER, THE BRIGHT SPOT-- COTTON FUTURES. THE MARKET JUMPING LIMIT UP TUESDAY WITH DECEMBER COTTON TRADING ABOVE 90 CENTS- THE FIRST TIME THAT CONTRACT HIT 90 SINCE 2011.  COTTON HAS BEEN ON A STEADY CLIMB SINCE LAST OCTOBER FOLLOWING  HARVEST AND QUALITY CHALLENGES. BUT SINCE MID-MAY THE PRICES HAS SPIKED NEARLY 11 CENTS PER POUND. LAST WEEK THE COTTON ADJUSTED WORLD PRICE HIT ITS HIGHEST MARK SINCE  2012. STRONG DEMAND IN THE FACE OF STEADY TO LOWER WORLD PRODUCTION IS  HELPING PROP UP PRICES. BUT WEATHER IS ALSO AN ISSUE. BETSY JIBBEN JOINS US NOW WITH MORE. A COTTON PRICE CLIMB DURING THE HEART OF PLANTING. "THERE ARE CURRENTLY SEVERAL FACTORS LEADING INTO THIS BUCK WILD RIDE THAT COTTON IS TAKING AT  THE MOMENT." IT STARTS WITH VERY DIFFERENT PLANTING CONDITIONS. SEVERE DRYNESS IN THE SOUTHERN PLAINS..  "WE'VE HAD PROBABLY AN INCH AND A QUARTER SINCE JANUARY."" THE NORTH TEXAS PROBLEM IS REALLY THE CRUX OF THE ISSUE HERE.""THE FORECAST WILL BE CONTINUALLY HOT AND NO RAINFALL IN SIGHT, A LOT OF FOLKS WE TALK TO IN THAT AREA ARE SIMPLY GOING TO ABANDON DRYLAND PRODUCTION FOR THIS YEAR DUE TO THE OUTLOOK THAT IT'S  NOT GOING TO MAKE SENSE TO PUT IT IN THE GROUND."MEANWHILE, THE SOUTHEAST IS NOW TOO WET. ARRINGTON SAYS SOME PRODUCERS WHO PLANTED COTTON EARLY ARE DONE, THE GROWERS WHO ARE PLANTING LATE ARE VERY BEHIND. "BEFORE ALBERTO EVEN CAME IN WE HAD EXCESSIVE WETNESS. IT'S BEEN RAINING EVERYDAY FOR  ALMOST TWO WEEKS NOW. PLANTING IS EXTREMELY DELAYED."  AN ALREADY SOGGY SOUTHEAST NOW GETTING MORE RAIN. "THERE'S A LOT OF GROUND DRYLAND GROUND THAT HASN'T BEEN PLANTED AND IRRGATED NOT PLANTED.  WITH ALL OF THIS RAIN HERE RECENTLY, THERE'S PROBABLY GOING TO BE A LOT OF  REPLANT TO COME."ANALYSTS SAY THE PRICE MOVEMENT IS ALSO DUE TO CHINA  SELLING SOME OF  ITS RESERVES. " THEY'VE BEEN DOING WELL WITH THEIR RESERVE OPTIONS. CHINA HAS A LARGE RESERVE OF COTTON.  THEY PUT OUT A LARGE AMOUNT THEY WANT TO SELL AND THE LAST AUCTIONS HAVE GOING WELL AND BEEN  SELL OUTS 45 THAT PROPS UP THE DEMAND FOR GREAT QUALITY COTTON."AS HOPE AND HIGHER PRICES LINGER...  COTTON GROWERS WORKING TO PLANT WHAT MAY BE A VALUABLE COMMODITY. REPORTING FOR AGDAY, I'M BETSY JIBBEN

CROP PROGRESS
USDA RELEASING FRESH COTTON PLANTING DATA LATE TUESDAY FOLLOWING  THE MEMORIAL DAY HOLIDAY. THESE NUMBERS HOWEVER WON'T INCLUDE THE RAIN IMPACTS OVER THE PAST  FEW DAYS. COTTON IS 62 PERCENT PLANTED. THAT'S JUST 3 POINTS AHEAD OF THE FIVE YEAR AVERAGE. ALABAMA, GEORGIA, AND THE CAROLINA'S ARE BEHIND THE FIVE YEAR PACE. TEXAS ONLY PICKING UP 4 PERCENTAGE POINTS LAST WEEK IS JUST PAST THE  HALF WAY POINT. (51%) ON CORN PLANTING, THE NATION'S FARMERS POURED THE HEAT TO FIELD WORK  AND ARE NOW AT 92 PERCENT PLANTED.  THAT'S AHEAD OF THE FIVE YEAR AVERAGE OF 90 PERCENT. NOTABLY, ILLINOIS IS DONE, INDIANA STANDS AT 95 PERCENT AND IOWA 96  PERCENT PLANTED.  EVEN MINNESOTA WHICH WAS SO FAR BEHIND, HAS PLANTED 93 PERCENT OF ITS  CORN CROP--A 16 POINT SURGE IN THE LAST WEEK AND IS NOW AHEAD OF  AVERAGE. 79 PERCENT OF CORN IS RATED GOOD TO EXCELLENT...14 POINTS BETTER THAN  LAST YEAR. ON SOYBEANS, 77 PERCENT OF THE CROP IS IN THE GROUND.  15 POINTS AHEAD OF THE FIVE YEAR AVERAGE. LAST WEEK, USDA ROLLED OUT ITS MAY CATTLE ON FEED NUMBERS. AS OF MAY FIRST THERE WERE MORE THAN 11 AND A HALF MILLION CATTLE ON  THE NATIONS LARGEST FEEDLOTS. THAT'S UP 5 PERCENT FOR THE YEAR AND THE SECOND HIGHEST TOTAL IN THE  HISTORY OF THE REPORT--DATING BACK TO 1996. NEBRASKA AND TEXAS HAD THE HIGHEST TOTALS. PLACEMENTS AT 1 POINT 65 MILLION WERE DOWN 8 PERCENT. MARKETING FELL 6 PERCENT (1.80).  

TRUMP MOVING FORWARD WITH CHINESE TARIFFS
MEANWHILE, ON THE TRADE FRONT, PRESIDENT TRUMP ANNOUNCING NEW  LIMITS ON TECHNOLOGY INVESTMENTS AND MOVING FORWARD WITH $50 BILLION  IN TARIFFS FOR CHINA. THE NEWS AHEAD OF A KEY TRADE MEETING WITH SECRETARY OF COMMERCE  WILBUR ROSS AND CHINESE LEADERS IN BEIJING AT THE END OF THE WEEK.  THE INVESTMENT LIMITS AND TARIFFS ARE PART OF A BROADER CRACKDOWN  AIMED AT LIMITING CHINA'S ABILITY TO ACQUIRE U.S. TECHNOLOGY. ALSO ON THAT TRIP, REPORTS THAT USDA IS SENDING BIOTECH REGULATORY  SPECIALISTS TO TRY CONVINCING CHINA TO SPEED IT'S REGULATORY PROCESS. CHINA IS KNOWN FOR ITS TYPICALLY LONG AND MUDDLED PROCESS FOR  APPROVING NEW GM TRAITS. 

NAFTA AGREEMENT
THE MAY 11TH DEADLINE HAS COME AND GONE AS THE TARGET FOR A  COMPLETED NAFTA AGREEMENT. HOWEVER, THE CONVERSATIONS CONTINUE. CANADIAN FOREIGN MINISTER CHRYSTIA FREELAND TRAVELING TO WASHINGTON  TUESDAY TO MEET WITH U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER. LIGHTHIZER IS EXPECTED TO MEET WITH THE MEXICAN ECONOMY SECRETARY LATER THIS WEEK IN PARIS. 

BRAZILIAN TRUCKER STRIKE
MEANWHILE, LEADERS OF THE U.S., CANADA AND MEXICO TALKED BY TELEPHONE  ON FRIDAY. THE U.S. POSITION ON AUTO PARTS CONTINUES TO BE A STICKING POINT.  A TRUCK STRIKE HAS ALL BUT PARALYZED THE BRAZILIAN ECONOMY AND ITS  STARTING TO IMPACT GLOBAL TRADE.  A PROTEST AGAINST RISING FUEL PRICES HAS STYMIED ALL FORMS OF TRANSPORTATION.. INCLUDING FOOD, FUEL AND EXPORT WORK. BLOOMBERG IS REPORTING THAT MOST EXPORT TERMINALS IN BRAZIL ARE  RUNNING OUT OF SOYBEANS TO SHIP-OUT. THE BRAZILIAN MEAT GROUP A-B-P-A SAYS THE STRIKE HAS COST THE COUNTRY  120-THOUSAND TONS OF POTENTIAL CHICKEN AND PORK EXPORTS.  AND SOME 70 MILLION CHICKENS HAVE NOW DIED FROM A LACK OF FEED. THE BRAZILIAN PRESIDENT THREATENING TO SEND IN TROOPS OVER THE WEEKEND IS TRYING TO NEGOTIATE A CUT TO FUEL PRICES. VICE PRESIDENT MIKE PENCE IS SET TO VISIT BRAZIL TODAY . 

CROP COMMENTS
CINDI CLAWSON IS FILLING IN FOR MIKE HOFFMAN ALL WEEK. SHE JOINS US NOW  WITH A LOOK AT CROP COMMENTS.  GOOD MORNING, CLINTON.  BODIE KITCHEL SENDING US THIS PICTURE FROM CENTRAL INDIANA.  HE SAYS THIS IS HIS FIRST TIME SIDE DRESSING FOR THE YEAR. HE SAYS THE  WEATHER IS HOT AND HE'S IN NEED OF A RAIN.  AND WILLIAM SHACKELFORD IN -- KENTUCKY SHOWING US CORN GROWTH IN HIS  AREA.  THE DROUGHT MONITOR SHOWS NONE OF THE STATE IS IN ANY TYPE OF  DROUGHT.  HERE'S A LOOK AT THE WIND FORECAST AND YOU CAN KIND OF PICK OUT WHERE THE REMNANTS OF TROPICAL TROPICAL STORM ALBERTO ARE. AND THAT IS MOVING UP THROUGH INDIANA AT THIS TIME. THE STRONGER WINDS TEND TO BE ON THE EAST SIDE. NOW WE'RE NOT WE'RE LOOKING AT BIG WINDS LIKE WE WERE SEEING OFF THE COAST BUT IT IS GOING TO INCREASE THE WINDS AS IT HEADS UP TO THE NORTH.  THE OTHER PLACE TO WATCH IS REALLY OUT WEST. NOW WE'RE GOING TO REALLY SEE THOSE WINDS  PICKING UP OVER THE NEXT 24 TO 36 HOURS AS YOU SEE ESPECIALLY OVER UTAH AND NEVADA AND EASTERN SOUTHEASTERN CALIFORNIA WE REALLY START TO SEE SOME WINDS THERE COMING UP IN JUST A  FEW MINUTES WE'LL HAVE A LOOK AT YOUR NATIONAL FORECAST. BUT FOR NOW HERE ARE SOME  HOMETOWN TEMPS. 

TEASE
WE'RE GOING TO TALK DEMAND AND PARTICULARLY ETHANOL DEMAND AND  MARKET POTENTIAL WHEN WE COME BACK FROM BREAK. AND LATER, WE'RE OFF TO TEXAS TO SEE HOW ONE YOUNG COUPLE IS HOPING  TO BUILD A BERRY BUSINESS WITH HELPING HANDS FROM TOWN. 

BAYER-MONSANTO APPROVAL
IN AGRIBUSINESS, ON TUESDAY, THE DEPARTMENT OF JUSTICE SIGNING OFF ON  CONDITIONAL APPROVAL FOR BAYER'S ACQUISITION OF MONSANTO. BUT, ITS CALLING FOR ADDITIONAL DIVESTMENTS TO MEET ANTI-TRUST  CONCERNS NOW WITH A TALLY OF SOME 9 BILLION DOLLARS. THE 62 AND A HALF BILLION DOLLAR DEAL REMAINS ON PACE TO CLOSE SOON. BAYER AND MONSANTO CONTINUE TO OPERATE INDEPENDENTLY UNTIL THEY  COMPLETE NECESSARY DIVESTMENTS—MANY OF WHICH ARE GOING TO BASF. BAYER SAYS DIVESTMENTS--SOME OF THE LARGEST EVER REQUIRED-- SHOULD  BE COMPLETED IN ABOUT TWO MONTHS.

FLOOR OF THE CME
LETS CHECK ON MARKET ACTION TUESDAY.  FOR THAT WE HEAD TO THE FLOOR OF THE  CME IN CHICAGO. WE HAVE NOT HAD A BORING MARKET HERE TODAY. WE WE WERE HIGHER QUITE A BIT HIGHER IN THE  NIGHT SESSION FOR CORN WHEAT SOYBEANS BUT THEN JUST BEFORE THE MARKET OPENED WE GOT NEWS  THAT THE U.S. IS NOW LOOKING TO PUT THE TARIFFS BACK ON CHINA AGAIN. BUT ROUGHLY 50 BILLION  BUSHELS OF TECH. AND THIS COMES AFTER TALK THAT THE U.S. AND CHINA HAD COME TO AN AGREEMENT TO POSTPONE OR HOLD OFF ON TARIFFS FOR NOW. SO NOW CHINA IS VERY SURPRISED THAT WE  DID IT WERE WORRIED ABOUT RETALIATION. SO WE STARTED THE DAY UNDER QUITE A BIT OF PRESSURE IN  SOYBEANS CORN AND WHEAT SOMEWHAT HANGING HUNG IN THEIR SOYBEAN MEAL DRUG SOYBEANS  BACK TO POSITIVE ON THE DAY AS WE'RE WORRIED ABOUT SOME TRUCKERS STRIKES IN BRAZIL POSSIBLY CUTTING DOWN THEIR CRUSH A LITTLE BIT AND MAKING OUR MEAL MORE DESIRABLE. BUT THEN AS THE  DAYS GONE ON CORN AND WHEAT HAVE REALLY GOTTEN HEAVY AND NOW ARE POSTING OUTSIDE  REVERSAL DOWN DAYS SO BIG BAD TECHNICAL SINGLES HAPPENING ON THE CORN AND WHEAT CHARTS. SOYBEANS ARE NOW FOLLOWING SUIT. THIS IS TED SEIFRED OF ZAINER AG HEDGE COMING TO YOU ON  THE CME FLOOR IN CHICAGO.

AGRIBUSINESS
ETHANOL CONTINUES TO BE A BIG PART CORN OF DEMAND. BUT HOW IS THE  FUEL PERFORMING ON ITS OWN. FOR THAT WE HIT THE ROAD WITH TYNE  MORGAN FOR TODAY'S ANALYSIS. HERE NOW WITH DAVE HUDAK HE'S WITH POET. AND WE'RE GOING TO TALK ETHANOL. I MEAN ETHANOL  HAS REALLY BEEN IN THE SPOTLIGHT THIS YEAR DAVE WITH WITH SEVERAL MEETINGS AT THE WHITE  HOUSE ABOUT THE RENEWABLE FUEL STANDARD. NOT SURE EXACTLY WHAT THE FINAL OUTCOME WAS OF THOSE MEETINGS. HOWEVER A LOT OF TALK ABOUT 15 REMOVING THOSE BARRIERS TO SAY A 15 YEAR  ROUND IF THAT HAPPENS IF THE ADMINISTRATION DOES SUPPORT THAT IS THE PRODUCT THERE TO BE ABLE  TO SUPPLY THAT DEMAND. YES AND OIL INDUSTRY IS PREPARED TO SUPPLY THAT MY COMPANY ALONE MAKES ONE POINT EIGHT BILLION GALLONS OF ETHANOL ANNUALLY IN SEVEN STATES. THERE'S 200 PLUS  BIOFUELS FACILITIES ACROSS THE UNITED STATES. DEFINITELY WE CAN SUPPLY IT. SO IF THE  ADMINISTRATION DOES APPROVE THAT IT DOESN'T HAPPEN OVERNIGHT IT DOES NOT HAPPEN OVERNIGHT.  THERE'S IN 29 STATES THERE'S 3900 STATIONS RIGHT NOW THAT ARE DELIVERING 15 TO THE CONSUMER.  SO CERTAINLY THOSE STATIONS WILL BE ABLE TO FLIP THE SWITCH IN AND PROVIDE 15 YEAR ROUND BUT  THEN THE INFRASTRUCTURE AND THE OTHER RETAILERS ARE GOING TO HAVE TO COME ON BOARD AND ONCE THOSE RETAILERS COME ONBOARD AND THEN WE GET THOUSANDS AND THOUSANDS OF STATIONS. THEN  YOU'LL SEE YOUR PRODUCTS LIKE YOU KNOW I KNOW FROM THE 1950S SUMMER READING FOR  CONSUMERS. BUT ULTIMATELY WE ALL KNOW THAT THE CONVERSATION COMES DOWN TO PRICE SO REALISTICALLY HOW MUCH CHEAPER IS A 50 DEPENDING ON WHERE YOU ARE AT 10 TO 15 CENTS A  GALLON LESS THAN REGULAR UNLEADED. SO DO YOU THINK CONSUMERS WILL END UP BUYING 15 IF IT'S AN  OPTION YEAR ROUND. DEFINITELY 15. ETHANOL IS THE LOWEST COST ADDITIVE HIGHEST PERFORMING ADDITIVE THAT CAN BE PUTTING GASOLINE. SO HAS MORE IT IS USED THE PRICE DEFINITELY WILL BE  REFLECTED AT THE PUMP. CONSUMERS TYPICALLY BUY ON PRICE. SO CERTAINLY THERE ARE SOME  EXCITING TIMES FOR ETHANOL. DAVE THANKS FOR JOINING US I APPRECIATE IT MUCH. STAY WITH US. WE  NEED TO TAKE A QUICK BREAK AND THEN WE'LL BE RIGHT BACK WITH A CHECK OF WEATHER HERE ON AGDAY.

WEATHER
WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST CINDY CLAWSON LOOKING AT THE WEATHER  MAP AND ALBERTO MAKING HIS WAY INLAND FROM THERE AND BRINGING SOME RAIN. ABSOLUTELY. AND  IT'S GOING TO BE SOME RAIN IN AREAS THAT COULD USE THEM. WE'VE BEEN SO HOT IN PARTS OF THE  NATION'S MIDSECTION LATELY AND SO WE'LL BE SEEING SOME OF THAT MOISTURE MOVING UP. SO HERE LET'S TAKE A LOOK AT THE MAP AND HERE IS WHERE ALBERTO IS RIGHT NOW WHERE WE SEE THAT EL.  WE'VE HAD A FEW FRONTS IN PLACE NOT REALLY DOING A WHOLE LOT. AS ALBERTO MOVES UP TO THE  NORTH WE'RE GOING TO KIND OF JOIN FORCES WITH SOME OF THIS ACTIVITY THAT'S ALREADY IN PLACE AND  WE'RE GOING TO SEE THAT HEAVIER RAIN POTENTIAL ESPECIALLY IN EASTERN ILLINOIS INDIANA AND INTO  PARTS OF KENTUCKY TENNESSEE AS WELL AS THAT MOVES ALL THE WAY UP TO THE NORTH AS WE HEAD THROUGH TONIGHT. WE'RE GOING TO SEE THAT CONTINUING TO THEN PULL OFF TO THE NORTH. SO THE FOCUS  IN THE NEXT 24 HOURS IS MAINLY GOING TO BE IN THE EASTERN HALF OF THE COUNTRY AND ESPECIALLY  WITH THE REMNANTS OF ALBERTO. NOW AS WE HEAD INTO THURSDAY WE'LL STILL SEE SOME SHOWERS  AND THUNDERSTORMS. YOU GET THAT HEATING OF THE DAY GOING WE'LL START TO SEE MORE MOISTURE COMING IN THOUGH TO THE NORTH WESTERN STATES ON THE BACKSIDE OF THAT LOW PRESSURE SYSTEM  WE START TO INCREASE THAT MOISTURE NOW OVER THE PAST 24 HOURS. IT'S REALLY BEEN ALBERTO THAT'S  BEEN BRINGING THE MOST RAIN AND YOU COULD SEE THAT EXPECTED TO MOVE UP TO THE NORTH. WE'RE GOING TO SEE SOME RAIN IN PARTS OF THE PLAINS STATES THE UPPER MIDWEST. SO A LOT OF THE  EASTERN HALF OF THE COUNTRY ALMOST TWO THIRDS SEEING SOME RAIN AND EVENTUALLY IN THE PACIFIC  NORTHWEST AS WELL. ALL RIGHT LET'S LOOK AT TEMPERATURES STILL REALLY HOT AS YOU GET DOWN INTO  TEXAS WHERE WE'RE GOING TO BE SEEING A LOT OF 90S BUT THOSE 90S WERE ALL THE WAY UP TOWARDS THE GREAT LAKES OVER THE PAST COUPLE OF DAYS. AND WE'RE GOING TO SEE SOME MUCH COOLER AIR  IN PLACE IN SOME OF THOSE LOCATIONS THOSE NORTHERN AREAS WHILE THE HOT REALLY HOT AIR STAYS  MORE TO THE SOUTH 50S AND 60S IN THE NORTHWEST STILL A LOT OF 70S IN MUCH OF THE EASTERN PART  OF THE COUNTRY FOR OVERNIGHT LOWS FOR TONIGHT AND THEN AS WE HEAD THROUGH TOMORROW WE'RE GOING TO BE SEEING WARMER TEMPERATURES STARTING TO CREEP BACK UP TO THE NORTH AGAIN MORE  80S AND EVEN SOME 90S IN MUCH OF THE NATION'S MIDSECTION. BUT THE HOTTEST RIGHT THERE IN  PARTS OF OKLAHOMA AND INTO TEXAS. WHAT ABOUT THE NEXT WEEK OR SO WE'VE GOT THAT RIDGE IN THE EASTERN PART OF THE COUNTRY TROUGH IN THE WEST AND AS WE PUT IT INTO MOTION WE START TO  SEE THAT RIDGE MOVING TO THE EAST BUT YET KIND OF REBUILDING AS WE GET INTO THE WEEK. SO A LOT  OF THE WEEK FOR MOST AREAS WILL BE WARM WE'LL SEE SOME COOLER TRENDS TOWARDS THE END OF THE WEEKEND AND A LITTLE BIT IN THE EAST WE'LL SEE SOME STORMY WEATHER COMING IN TOWARDS THE  MIDDLE PART OF NEXT WEEK. THAT'S A LOOK AT YOUR NATIONAL FORECAST. NOW LET'S CHECK OUT THE  WEATHER WHERE YOU LIVE. SANDERS ARIZONA PLENTY OF SUNSHINE FOR YOU TODAY WITH A HIGH OF 84  DEGREES. RENSSELAER INDIANA SHOWERS AND THUNDERSTORMS. HEAVY RAINFALL IS EXPECTED WITH A  HIGH OF AROUND 82 DEGREES IN MADISON MAINE SUNDAY AND COOLER WITH A HIGH OF 77 DEGREES.

TEASE
UP NEXT WE'RE BACK TO BRAZIL WHERE THE TRUCKER STRIKE IS IMPACTING  YOUR GROCERY FRUIT CHOICES INCLUDING PAPAYAS.  AND LATER, IT'S LONESTAR STRAWBERRY FIELDS FOREVER. WE'LL TAKE A TOUR OF THIS TEXAS COUPLE'S DREAM ON IN THE COUNTRY. 

PACKER TV
IN NEWS FROM OUR PARTNERS AT THE PACKER - THE TRUCKER STRIKE IN BRAZIL  IS NOT ONLY IMPACT SOYBEANS AND SUGAR, BUT IT'S ALSO CUTTING INTO  PAPAYA PROFITS. THE PACKER REPORTS THAT FLORIDA-BASED IMPORTER 'H-L-B SPECIALTIES'  USUALLY RECEIVES PAPAYA SHIPMENTS ALMOST DAILY. BUT DUE TO THE STRIKE IT HAS NOT RECEIVED SHIPMENTS OF THE FRUIT FROM  BRAZIL SINCE MAY 21. OTHER FRUIT IMPORTERS ARE SHARING SIMILAR STORIES. H-L-B SAYS NUMEROUS TRUCK BLOCKADES IN 24 OF THE 27 STATES IN BRAZIL  HAVE MADE IT IMPOSSIBLE TO REACH AIRPORTS IN SÃO PAULO AND RIO DE  JANEIRO, FROM WHICH HLB NORMALLY SHIPS FRUIT.  LAST YEAR'S HURRICANE SEASON IS STILL HAVING AN IMPACT ON FLORIDA AGRICULTURE - AND IT EXTENDS BEYOND THE BANGED-UP CITRUS INUDSTRY. THE PACKER IS REPORTING THAT FLORIDA'S AVOCADO VOLUME IS EXPECTED TO BE  SIGNIFICANTLY LOWER THIS SEASON. HURRICANE IRMA STRUCK IN EARLY SEPTEMBER.  MUCH OF THE ATTENTION  FOCUSED ON ORANGE GROVES, BUT THE STORM ALSO SOCKED AVOCADO TREES WHICH ARE SHALLOW-ROOTED. THE PACKER SAYS EXISTING TREES THAT WEREN'T KNOCKED DOWN WERE STILL  STRESSED WHICH IMPACTS HARVEST VOLUMES. SOME ESTIMATES PUT PRODUCTION LEVELS AT 50-PERCENT OF NORMAL. A PROVINCIAL LAW IN BRITISH COLUMBIA, CANADA PROHIBITS THE SALE OF U-S  WINE ON GROCERY STORE SHELVES. AG SECRETARY SONNY PERDUE SAYS THAT  VIOLATES TRADE RULES.  THE U-S HAS REQUESTED THE WORLD TRADE  ORGANIZATION TO ESTABLISH A 'DISPUTE SETTLEMENT PANEL' TO EXAMINE THE REGULATION. PERDUE SAYS THE BRITISH COLUMBIA RULE DISCRIMINATES AGAINST WINE FROM  THE U-S AND OTHER IMPORTED WINES. 

TEASE
THERE'S NOTHING SWEETER THAN A SUMMER STRAWBERRY. UP NEXT WE'LL  MEET A TEXAS COUPLE HOPING TO U-PICK THEIR WAY TO FUTURE PROFITS. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE. VISIT KUBOTA.COM TODAY. PICK-YOUR-OWN STRAWBERRY PATCHES ARE A BIG DRAW FOR URBAN FOLKS AS  A WAY TO GET INTO THE COUNTRY. THERE'S NOTHING LIKE A SWEET, JUICY, STRAWBERRIY FRESH FROM THE PLANT. IN THIS VIDEO PROVIDED BY THE TEXAS FARM BUREAU, WE MEET A YOUNG  FARMING COUPLE WHO'S TAKING A CHANCE AT DRAWING FOLKS TO THEIR  "STRAWBERRY FIELDS....FOREVER." MY NAME IS CHRIS, AND MY NAME IS KYLIE AND WE'RE STRAWBERRY FARMERS HERE IN PILOT POINT,  TEXAS. CHRIS AND I GOT MARRIED FOUR YEARS AGO AND HE IS A FOURTH GENERATION FARMER. CHRIS STARTED  GROWING SOME STRAWBERRIES ABOUT 3 YEARS AGO.  I KIND OF COME FROM A LONG LINE OF FARMERS AND MY COUSIN - HE PLANTED SOME FOR HIS FRUIT  STAND AND IT KIND OF SPARKED AN INTEREST IN ME. SO I JUST STARTED SMALL. THE FIRST YEAR I ORDERED  ABOUT 1,500 PLANTS. LAST YEAR I PLANTED RIGHT AROUND 3,000 PLANTS.  WE STARTED SELLING THEM JUST AT THAT PRODUCE STAND IN BOYD, TEXAS, WHERE HIS FAMILY FARM IS, AND WE GOT A HUGE RESPONSE. A LOT OF PEOPLE KEPT ASKING, "CAN WE PICK OUR  OWN STRAWBERRIES?"  AND I CAME HOME FROM WORK ONE DAY AND CHRIS WAS LIKE,  "I THINK WE SHOULD OPEN UP A PICK YOUR OWN STRAWBERRY FARM", AND I'M LIKE, "OH...OK."  WHEN WE DECIDED TO START THE PICK YOUR OWN HERE IN PILOT POINT, WE PLANTED PRETTY CLOSE TO  10,000 PLANTS OF STRAWBERRIES.  WE CAME HOME IN SEPTEMBER WHEN WE DECIDED WE WANTED TO DO THIS. GOT THE PLANTS IN OCTOBER AND PLANTED THEM AND DROVE BACK AND FORTH. MOVED HERE IN DECEMBER AND THEN  BOOM OPENED ON OUR FOUR YEAR WEDDING ANNIVERSARY IN APRIL. HONESTLY WE THOUGHT, "OK, WE'RE GOING TO HAVE TO FIND A WAY TO REFRIGERATE THESE AND STORE  THESE AND GO PLACES." WE THOUGHT OUR HOURS WOULD BE 9 A.M. TO 5 P.M., AND WE'RE PICKING  OUT BY 10 A.M. IN MY WILDEST DREAMS I WOULDN'T HAVE THOUGHT THAT IT WOULD HAVE BEEN THIS BUSY. WE HAVEN'T  HARDLY PICKED A POUND FOR OURSELVES TO EAT THIS YEAR. WE'RE JUST TRYING TO SAVE EVERY LAST ONE  FOR THE PEOPLE THAT COME OUT. IT FEELS LIKE AN ADULT EASTER EGG HUNT. THE HYPE IS THERE. YOU'RE LINED UP AT THE START LINE, YOU  DROP IT AND PEOPLE JUST RUN TO THE FIELD ALMOST.  PEOPLE ARE YEARNING TO KNOW WHERE THEIR FOOD IS COMING FROM. SO THIS NOT ONLY PROVIDES  SOMETHING FUN FOR YOU TO DO, BUT ALSO EDUCATIONAL IN THE SENSE THAT YOU KNOW EXACTLY WHERE THAT STRAWBERRY IS COMING FROM AND YOU PICKED IT YOURSELF.  THERE'S 80 ACRES HERE AND IT'S OWNED BY MY GRANDMOTHER. IT'S BEEN IN HER FAMILY FOR OVER A  HUNDRED YEARS. WE CAME TO HER AND SHE WAS NOTHING BUT SUPPORTIVE. SHE WAS LIKE, "YES, YOU CAN DO THIS. YOU CAN USE THE LAND, YOU CAN  USE MY TRACTOR." BOTH OF MY PARENTS WERE TEACHERS AND COACHES SO WE MOVED ALL AROUND TEXAS. FROM MY SIDE OF THE FAMILY THIS LAND HAS PRETTY  MUCH BEEN THE ONLY PLACE THAT I CAN CONSIDER REALLY HOME. THIS WAS SOMETHING FOR ME THAT HAD THAT SAME HOME SENSE THAT I CAN ALSO SHARE WITH CHRIS. WE CAN BOTH BE OUT HERE MAKING OUR LIVING WITH OUR FUTURE CHILDREN RUNNING  ALONGSIDE US. I WANTED PEOPLE TO GET OUT HERE AND NOT ONLY ENJOY THE STRAWBERRY PICKING EXPERIENCE, I  WANTED TO BRING FLOWERS IN WHERE PEOPLE COULD SIT AND JUST ENJOY THE SPACE. PLACES TO SIT SO  GRANDMOTHERS COULD BRING THEIR GRANDKIDS AND SIT AND WATCH THE MOTHER IN THE FIELDS. I  WANTED IT TO BE A FULL FAMILY EXPERIENCE OF ALL AGE AND DEMOGRAPHICS TO COME AND ENJOY. IT JUST FELT RIGHT IN THE BEGINNING AND IT EVEN FEELS MORE RIGHT NOW AT THIS POINT.  THE MAIN QUESTION WE HAVE IS, "ARE YOU GOING TO EXPAND?" NOT ONLY IS THAT EXCITING FOR US, IT  GIVES US A SENSE OF COMFORT TOO THAT PEOPLE WANT TO COME BACK AND COME SEE US AND THEY'VE ENJOYED THEIR EXPERIENCE. WE'RE EXCITED FOR WHAT'S TO COME.

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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