AgDay Daily Recap -November 23, 2016

September 12, 2016 02:57 AM
 
AgDay

TODAY ON AGDAY
NOVEMBER 23, 2016

HEADLINES
COMING UP TODAY ON AGDAY - THE PRESIDENT ELECT SAYS HE'S NOT KEEPING  THE TPP...OTHER NATION'S REACT. IN AGRIBUSINESS...WILL WHEAT ACRES FALL? IT SEEMS TO ME WE ARE SEEING SIGNIFICANTLY LESS PLANTING OF WHEAT FOR 2017 SOME PEOLE ARE TALKING THE LOWEST WHEAT ACRES IN 50 YEARS PLUS CATTLE MARKET HEADWINDS IN 2017. AND WE'LL SEE HOW STUDENTS  USING THE TENNESSEE RIVER LEARN ABOUT THE REGION IT FLOWS THROUGH.  AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

DONALD TRUMP TPP
GOOD MORNING I'M CLINTON GRIFFITHS. LEADERS FROM PACIFIC NATIONS ARE  EXPRESSING DISAPPOINTMENT AFTER PRESIDENT-ELECT TRUMP ANNOUNCES  HIS PLANS TO PULL THE U-S FROM THE TRANS PACIFIC PARTNERSHIP TRADE  DEAL. IN A VIDEO STATEMENT RELEASED MONDAY ON YOU-TUBE, PRESIDENT-ELECT  TRUMP SAID HE WILL FOLLOW THROUGH ON A CAMPAIGN PROMISE TO WITHDRAW  FROM THE T-P-P. TRADE IS A KEY ELEMENT OF THE INCOMING PRESIDENT'S  EXECUTIVE ACTION PLAN THAT HE WANTS TO ACCOMPLISH WITHIN THE FIRST 100  DAYS OF TAKING OFFICE. "ON TRADE, I AM GOING TO ISSUE A NOTIFICATION OF INTENT TO WITHDRAW FROM THE TRANS-PACIFIC  PARTNERSHIP, A POTENTIAL DISASTER FOR OUR COUNTRY," "INSTEAD, WE WILL NEGOTIATE FAIR BILATERAL  TRADE DEALS THAT BRING JOBS AND INDUSTRY BACK ONTO AMERICAN SHORES." AS WE'VE BEEN REPORTING, THE T-P-P IS WIDELY SUPPORTED BY MUCH OF THE  U-S AGRICULTURE SECTOR BECAUSE OF POTENTIAL REVENUE AND MARKET  SHARE IN THE OTHER MEMBER NATIONS OF THE PROPOSED TRADE PACT. MOST OF THE OTHER ELEVEN COUNTRIES INCLUDED IN THE T-P-P SAY THEY WILL  COMPLETE THE TRADE DEAL WITH OR WITHOUT THE U-S. BUT IT DOES MAKE IT MUCH MORE DIFFICULT WITHOUT THE U-S.  THAT'S  BECAUSE THE TRADE DEAL REQUIRES  AT LEAST SIX OF THE ORIGINAL  SIGNATORIES - OR COUNTRIES - TO RATIFY THE AGREEMENT.  AND THOSE SIX NATION'S MUST REPRESENT 85 PERCENT OF THE TOTAL GDP OF THE TWELVE  ORIGINAL MEMBERS. TO PUT THAT INTO PERSPECTIVE, THE U-S AND JAPAN REPRESENT ABOUT 80- PERCENT OF THE G-D-P. JOHN KEY, NEW ZEALAND PRIME MINISTER:"WE CAN'T CONTROL THAT PROCESS, HE (TRUMP)  CAMPAIGNED AGAINST TPP, BUT THE UNITED STATES ISN'T AN ISLAND. IT CAN'T JUST SIT THERE AND SAY IT'S NOT GOING TO TRADE WITH THE REST OF THE WORLD. SO AT SOME POINT THEY'RE GOING TO HAVE TO  GIVE SOME CONSIDERATION TO THAT. BUT NATURALLY, WE'RE A BIT DISAPPOINTED."STEVE CIOBO, AUSTRALIAN TRADE MINISTER: "THE WAY THAT THE TPP HAS BEEN AGREED IS IT DOES REQUIRE US DOMESTIC RATIFICATION FOR IT TO  COME INTO EFFECT. BUT THERE'S A 24-MONTH WINDOW, A TWO-YEAR PERIOD, FOR THAT TO HAPPEN. WE'RE ONLY ABOUT EIGHT OR NINE MONTHS INTO THAT PERIOD, SO THERE IS STILL SOME PERIOD TO GO." AUSTRALIA'S TRADE MINISTER SAYS A VARIATION OF THE TPP COULD SURVIVE WITHOUT THE UNITED STATES, WITH NEW MEMBERS SUCH AS CHINA AND  INDONESIA.  RESPONDING TO TRUMP'S ANNOUNCEMENT, CHINA'S SPOKESMAN SAID THE  COUNTRY IS OPEN TO ALL FREE-TRADE ARRANGEMENTS THAT BENEFIT THE ASIA- PACIFIC REGION AND THAT "POLITICISING SUCH AGREEMENTS" SHOULD BE  AVOIDED. 

WHO WILL LEAD THE EPA?
PRESIDENT ELECT DONALD TRUMP CONTINUES TO FILL OUT HIS CABINET...AND  FARMERS ARE WAITING ON TWO KEY POSTS BE ANNOUNCED..USDA AND EPA. ILLINOIS FARM OWNER, ATTORNEY AND FIRST CHIEF AT EPA--GARY BAISE-- SAYS HE HAS NOT BEEN CONTACTED BY THE TRUMP ADMINISTRATION TO LEAD THE  EPA. THIS COMES AFTER HIS NAME SURFACED AS A POSSIBLE CANDIDATE.  BAISE TELLING MIKE ADAMS ON AGRITALK HE APPRECIATES BEING MENTIONED  BUT HIS TIME HAS PASSED.  I THINK THAT'S TYPICAL WASHINGTON PLAYING WITH ANY NAME WHICH MIGHT HAVE THE ABILITY  TO HANDLE THAT JOB. I'M PERFECTLY HAPPY TO BE DOING WHAT I'M DOING AND GIVEN MY AGE, YOU  NEED A MUCH YOUNGER PERSON AT EPA THAN ME MIKE AT THIS POINT. ARKANSAS ATTORNEY GENERAL LESLIE RUTLEDGE IS ANOTHER NAME FLOATING  AROUND FOR EPA HEAD.  BAISE TALKED HIGHLY OF POSSIBLE ATTORNEY CANDIDATES WHO HAVE TAKEN  ON THE EPA OVER WATERS OF THE U-S.  BILL SCHUETTE OF MICHIGAN PATRICK MORRISEY OF WEST VIRGINIA  ALAN WILSON OF SOUTH CAROLINA.  HE ALSO MENTIONED CHARLES HERBSTER, HEAD OF TRUMP'S AG ADVISORY  COMMITTEE AS POSSIBLE EPA LEAD. AND WASHINGTON D.C. PARTNER JEFFREY HOLMSTEAD)

POST ELECTION RALLY
IN OTHER NEWS, U.S. STOCKS KEPT THE POST ELECTION RALLY GOING  TUESDAY...WITH THE DOW TOUCHING 19-THOUSAND FOR THE FIRST TIME.  MONDAY, ALL THREE MAJOR INDEXES HITTING RECORD HIGHS--THE FIRST TIME  THE GROUP HAS RISEN TO FRESH RECORDS TOGETHER SINCE DECEMBER OF  19-99. ENERGY NEWS, INCLUDING A POTENTIAL PRODUCTION FREEZE FROM OPEC  HELPING SUSTAIN MOMENTUM. SO WHAT DOES IT MEAN FOR AGRICULTURE? THERE'S A CERTAIN AMOUNT OF INVESTMENT MONEY THAT DOES FLOW BACK AND FORTH BETWEEN  THE EQUITY SECTOR AND THE COMMODITY SECTOR. AND I THINK IF YOU SEE A LOT OF INTEREST IN EQUITIES, IT TENDS TO STARVE THE BUYING OF COMMODITIES JUST A BIT.

CROP COMMENTS
"CROP COMMENTS IS POWERED BY RESICORE HERBICIDE FOR CORN, FROM  DOW AGROSCIENCES."   MIKE HOFFMAN TAKES US TO SOME AREAS WHERE FARMERS ARE PUSHING TO  GET DONE WITH HARVEST. MIKE.  GOOD MORNING, CLINTON.  LET'S START OFF IN HAMPTON, KENTUCKY.  JORDAN DOSSETT SENT US THIS PHOTO OF THE LAST DAYS OF SOYBEAN  HARVEST.USDA SAYS 6.5 DAYS WERE SUITABLE FOR FIELD WORK IN KENTUCKY THE WEEK  ENDING NOVEMBER 13. THAT CERTAINLY HELPS FARMERS TRYING TO GET DONE.  AND SCOTT BROWN IN CHARLOTTESVILLE, VIRGINIA SAYS HARVEST HAS NOT  WRAPPED UP ON THE EAST COAST. THERE IS STILL PLENTY OF CROP TO CUT.  SCOTT SAYS CROP CONDITIONS ARE GOOD BUT UPSTATE NEW YORK SEEMS TO  BE STRUGGLING WITH MAJOR SNOWFALL AND MANY ACRES OF CORN AND BEANS  LEFT TO HARVEST.  TAKING A LOOK AT THE WEATHER MAP TODAY BIG SYSTEM MOVING THROUGH THE MIDDLE OF THE COUNTRY CAUSING RAIN AND SNOW AND WE HAVE ANOTHER HUGE STORM OFF THE WEST COAST COMING UP IN MY FORECAST BUT FIST HERE ARE SOME HOMOTOWN TEMPS. CONGRATULATIONS TO OUR OCTOBER CROP COMMENTS WINNERS, CONNIE AND  DICK HINES OF WELDON, IOWA! THEY GROW CORN, SOYBEANS AND RENT OUT THEIR PASTURE IN IOWA. THEY'VE  BEEN ON THE FARM SINCE 1971. BOTH SAY THEY STRONG STEWARDS OF THE  LAND IMPLEMENTING TILLING AND TERRACING ON EACH OF THEIR FIELDS.  CONNIE AND DICK HAVE WON A 100-DOLLAR GIFT CARD FROM CABELA'S  PROVIDED BY RESICORE, ALL BY SUBMITTING A PHOTO. YOU  HAVE THE CHANCE TO BE THE NEXT WINNER.  TO ENTER, YOU NEED TO SUBMIT YOUR ENTRY THRU THE WEBSITE, OR EMAIL  YOUR MESSAGE TO CROP COMMENTS AT AGWEB-DOT-COM. AND WE'VE NOW ADDED A TEXT OPTION...TEXT THE WORD 'CROP' ALONG WITH YOUR PICTURE--AND DESCRIPTION TO 31-31-3. STANDARD MESSAGING RATES  APPLY.

TEASE
WHEN WE COME BACK, TYNE MORGAN JOINS US WITH A LOOK AT WHEAT  MARKETS AND POTENTIAL OF SIGNIFICANTLY FEWER WHEAT ACRES IN 2017. PLUS, WE'LL LOOK AT RETAIL BEEF PRICES AND AND RECENT TRADE NUMBERS  FROM USDA. I'M CHARLES DENNEY.  UNIVERSITY OF TENNESSEE STUDENTS TRAVEL AND MAP  THE TENNESSEE RIVER. MORE THAN 11-HUNDRED MILES AND RESEARCH AND  WHAT THE RIVER HAD TO TEACH,  COMING UP ON AGDAY." ENTER FOR YOUR CHANCE TO WIN TWO REGISTRATIONS TO THE TOP  PRODUCER SEMINAR - JANUARY 24TH THROUGH THE 27TH IN CHICAGO.   PACKAGE INCLUDES A THREE-NIGHT HOTEL STAY, PLUS A TWO-HUNDRED DOLLAR  VISA GIFT CARD!  GO TO TOPPRODUCERSEMINAR.COM/SWEEPSTAKES.

FLOOR OF THE CME
AGRIBUSINESS TODAY, BROUGHT TO YOU BY YAMAHA - MAKERS OF VIKING SIDE- BY-SIDES.  YAMAHA - REAL WORLD TOUGH.  IN AGRIBUSINESS MONDAY BROUGHT A BIG RALLY FOR SOYBEANS. LETS CHECK TUESDAY'S MARKET ACTION FROM THE FLOOR OF THE CME IN  CHICAGO. "OIL AND MEAL IN THE COMPLEX ARE BOTH VERY STRONG TODAY BUT IT WAS THAT MEAL MARKET THAT RALLY THAT REALLY PUSHED THIS MARKET THROUGH. AND DEFINITELY BROUGHT SOYBEANS ALONG WITH IT. MARKET LOOKS VERY VERY GOOD. THE MOMENTUM HAS CHANGED. AND CERTAINLY THE BULLS ARE IN CHARGE. FOR THE OTHER GRAINS, CORN HAS BEEN UP FOUR DAYS IN A ROW. UP ABOVE THAT $3.5O CENT MARK. IT CERTAINLY LOOKS GOOD. WHEAT ON THE OTHER HAND IS ABOVE 4 DOLLAR MARK. STILL LOOKS VERY STRONG BUT IS SOMEWHAT TEMPERED BECAUSE WE GOT VERY GOOD RAINS IN THE SOUTHERN PLAINS AND IT'S PUTTING A LID ON THAT MARKET.

AGRIBUSINESS
LAST WEEK INFORMA ECONOMICS PUT OUT IT'S FORECAST FOR PLANTED ACRES  IN 2017.IT PEGGED WHEAT ACRES AT ROUGHLY 33 AND A HALF MILLION...IF TRUE IT  WOULD BE THE SMALLEST WHEAT CROP IN NEARLY A CENTURY.  TYNE MORGAN IS AT THE AGRIBUSINESS DESK WITH MORE. HERE NOW WITH JIM BOWER OF BOWER TRADING JIM WE HAVE SOME EARLY  PROJECTIONS ON WHAT ACREAGE FORECAST IN A WHAT LOOKS LIKE FOR THE  TWENTY SEVENTEEN YEAR BUT WINTER WHEAT WE COULD SEE ONE OF THE  LOWEST WINTER WHEAT PLANTINGS EVER I'M TENDING TO AGREE WITH THAT THERE FOR A WHILE I WASN'T QUITE  SURE ABOUT THAT THAT THOUGHT PROCESS THAT LOOK A WHAT'S HAPPENING IN  LOOKING AT THAT WINDS OF CHANGE IN THE WHEAT MARKET ALSO BECAUSE  THERE'S CERTAINLY ELEMENTS OF THAT WE'VE BEEN DEPRESSED FOR SO LONG  WITH A BEAT THAT MARKET TO  DEATH FROM AN INTERNATIONAL STANDPOINT  IT SEEMS TO ME WHEN YOU LIKE TALKING TO PRODUCERS AND LOOK HERE IS  THAT IN THE FIELDS IT SEEMS TO ME WERE SEEING SIGNIFICANTLY LESS  PLANTING OF WHEAT FOR TWO THOUSAND SEVENTEEN  OR ITALIAN THE LAW AS  WE HEARD IN FIFTY YEARS AND I TRIED TO DO THAT YET BUT CERTAINLY OUR  CUSTOMER BASE THAT GOES IN THE SOUTHEAST AND ACROSS EAST TEXAS AND  UP INTO THE MIDWEST THEY'RE REALLY STARTED ABOUT THE DRY WEATHER  THERE IS A MEGA DROUGHT AS YOU KNOW IN THE SOUTHEAST DROUGHT IN THE  WESTERN ONE THIRD OF THE HEART OF WINTER WHEAT BELT  I THINK WHAT'S  GOINGTO HAPPEN HERE IS THE WEHAT MARKET THAT'S GOT A LARGE SHORT  POSITION BY THE FUNDS THE MANAGED FUNDS AND OF COURSE THAT CAN BE  THE SPARK TO TURN THIS MARKET AROUND DOWN THE ROAD. I DON'T THINK  THERE'S A QUESTION IF WE ARRIVED ITS WHEN BUT EVEN THOUGH WE ARE  CUTTING ACRES HERE,  WE NEED TO SEE A CUT IN PRODUCTION AROUND THE  GLOBE IN ORDER TO REALLY IMPACT A US   RUSSIA HAD A UNIQUE SITUATION WHERE THEIR CORP WASN'T QUITE AS GOOD,  AND TEH QUALITY WASN'T SO THEIR WHEAT ACREAGE IS PROBABLY GOING TO BE  UP PROBABLY URKAINE, BUT EIUROPE CANADA, AND THE OTHER MAJOR  PRDICERS YOU ARE GOING TO  SEE A REDUCTION OF ACRES AND IT COULD BE  LOWER THAN WE ALL THOUGHT JJSUT SEVERAL MONTHS AGO. AT THE SAME TIME  WE ARE SEEING A STRONGER U S DOLLAR WHICH WE KNOW WEIGHS ON ON OUR  WHEAT  EXPORTS THAT THAT THAT STHE NEGATIVE, WE JUS DON'T WANT HTE  DOLLAR, WHEN WE TRADE CURRIENCES, YOU DON'T WANT TO PUT TOO MUCH  EMPHASIS ON TEH CHANGE,  BUT WHAT I WOULD HAVE IN CURRENCY WHEN THE  CHANGE GETS TOO FAST RIGHT THAT THE MARKET BEGAN THIS RATHER UNIQUE  CHANGES OK BUT CHANGE TOO FAST CAUSING PROBLEMS ALL RIGHT JIM THANK  YOU SO MUCH FOR A FREE TWO WEEK TRIAL TO JIM'S DAILY GLOBAL MARKET LETTER CALL  BOWER TRADING TOLL FREE AT 1-800-533-8045. RECEIVE A FREE TRIAL OF THE DAILY MARKET LETTER AND GAIN KNOWLEDGE  ABOUT CURRENT MARKET CONDITIONS FROM THE PROFESSIONALS AT BOWER  TRADING. VIEW THE MARKETS LIKE NEVER BEFORE. GO TO  BOWERTRADING.COM. 

WEATHER
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE, GETTING READY FOR A TURKEY DAY, GETTING READY TO EAT GOOD FOOD. FIRST, YOU HAVE TO GET THE CHORES DOWN AND IT LOOKS LIKE SOME PLACES ARE GOING TO GET WET. YEAH, THE MIDDLE OF THE COUNTRY ON THE BUSIEST TRAVEL DAY OF THE YEAR TODAY.   ARE GOING GET A LITTLE WET AND WHITE IN THE NORTHERN PLAINS AND OF COURSE A STORM SYSTEM WILL BE MOVING TOWARD THE EAST AND SO IF YOU LIVE IN THE GREAT LAKES, OHIO VALLEY, TENNESSEE VALLEY,IT'S ALL HEADING YOUR WAY, SOME LINGERING SNOW SHOWERS IN THE FAR NORTHEASTERN. NORTHWEST SEEING IN THE FIRST STORM SYSTEM COMING IN WITH RAIN AND MOUNTAIN SNOWS BUT WEIGHT UNTIL YOU SEE THE SECOND ONE. THAT WAS THAT THE MAPS INTO MOTION HIS FIRST WINS FOR THE MOIST AS WELL ACROSS THE OHIO VALLEY AND THE GREAT LAKES FROM NORTH AND NORTHERN PORTIONS OF THE LOWER PENINSULA OF MICHIGAN NORTHWARD.WE'RE GOING TO SEE SOME SNOW MIXING IN WITH THE RAIN ALONG THE NORTHWEST SIDE OF THAT STORM, PROBABLY JUST ALL SNOW. SHOWERS AND THUNDERSHOWERS DOWN INTO THE SOUTHERN PORTIONS OF THE COUNTRY. UNFORTUNATELY, THAT NICE LINE IN OUR COMPUTER MODEL KIND OF BREAKS UP IN THE AREAS.TYPICAL. DRYNESS LEADS TO MORE DRYNESS UNTIL YOU GET SOME SYSTEM IN THERE TO GIVE YOU A T ON OF RAIN. IT JUST LOOKS SCATTERED UNFORTUNATELY RIGHT NOW. IN THE SOUTHEAST. SO BY TOMORROW MORNING, SNOW BREAKING UP ARE TWO NEW YORK STATE NORTH EASTERN GREAT LAKESTHERE'S THAT NEXT STORM SYSTEM COMING IN AND THIS THING JUST HAS IT ALMOST LOOKS LIKE A HURRICANE ON THE COMPUTER MODEL. IT ISN'T OF COURSE, IT'S ON THE COLD PART OF THE PACIFIC BUT NONETHELESS IT'S A MASSIVE STORM AND YOU CAN SEE IS WE HAVE THROUGH THE DAY TOMORROW ON THANKSGIVING. SNOW IN THE NORTHERN PORTIONS OF THE GREAT LAKES ON THE PART OF THE NORTHEAST. OTHERWISE, SHOWERS MID ATLANTIC INTO THE SOUTHEAST MANY CAN SEE OFF TO THE WEST, TONS OF RAIN, MOUNTAIN  SNOWS COMING INTO THE PACIFIC NORTHWEST. THERE IS THE PRECIPITATION ESTIMATE OF THE PAST TWENTY FOUR HOURS, SOME DECENT AMOUNTS IN PARTS OF THE EASTERN OKLAHOMA, ARKANSAS, EASTERN TEXAS, ADDING ON THE NEXT THIRTY SIX HOURS, LOOKING OUT JUST FALLS APART ACROSS THE DROUGHT AREAS OF THE SOUTHEAST. DECENT AMOUNTS ALSO THROUGH THE GREAT LAKES WITH SOMEHALF INCH  TO AN INCH OF RAIN OUT OF THAT SYSTEM. TAKE A LOOK AT  SNOWFALL ESTIMATES, YOU CAN SEE THE SNOW ACROSS THE NORTHERN PLAINS STATES. ADDING ON THE NEXT THIRTY SIX HOURS, WE'LL START AND SOME ACROSS PARTS OF THE NORTHERN AND EASTERN GREAT LAKES AND IN NEW ENGLAND. AND WE'RE GOING TO HAVE SOME MORE AS WE MOVE THROUGH THE CENTRAL PORTIONS OF THE ROCKIES AS YOU CAN SEE THERE. TEMPERATURES THIS AFTERNOON, THE WARM AIR IS BEING SHOVED TO THE SOUTH, SEVENTIES DOWN ALONG THE GULF COAST OTHERWISE, TYPICALLY CHILLY FOR THIS TIME OF THE YEAR. LOW TEMPTRESS LIKE GOING TO BE IN THE TWENTIES AND THIRTIES, NORTHERN AND CENTRAL PLAINS AS WELL AS NEW ENGLAND AND HIGH TEMPERATURES TOMORROW AFTERNOON THE ONLY REAL WARM AREAS THE FAR SOUTHEAST, OTHERWISE JUST ON THE COOL SIDE, TYPICALLY FOR THIS TIME OF YEAR. AND THE JET STREAM CONTINUES TO SHOW LITTLE RIPPLES MOVING FROM WEST TO EAST ALTHOUGH THAT'S A BIG STORM SYSTEM COMING INTO THE WEST COAST. THAT'S SHOWING A BIG ONE OVER THE CENTER OF THE COUNTRY NEXT WEEK FROM THAT. THAT'S A LOOK ACROSS THE COUNTRY NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL FOR YAKIMA, WASHINGTON A MIX OF CLOUDS AND SUNSHINE AND MILD TODAY HIGH OF FIFTY ONE. AUSTIN, TEXAS PLENTY OF SUNSHINE COMFORTABLE HIGH ROUND SEVENTY THREE. AND ANGOLA, INDIANA AND CLOUDY AND CHILLY TIMES OF RAIN, HIGH JUST THIRTY EIGHT. THANKS MIKE.

TEASE
HERE'S A PROGRAMMING NOTE FOR YOU. WE WILL NOT HAVE A REGULAR  PISODE OF AGDAY TOMORROW. INSTEAD WE WILL CELEBRATE THANKSGIVING  WITH A SPECIAL PROGRAM CALLED A HARVEST OF THANKS. AS YOU GATHER WITH FAMILY AND FRIENDS ON THURSDAY, WE HOPE YOU JOIN  US FOR THIS ANNUAL TRIBUTE TO FARMERS. WE'LL CHECK CATTLE MARKETS AND USDA'S OUTLOOK FOR THE INDUSTRY NEXT  ON DROVER'S TV. PLUS A TEACHABLE MOMENT WHEN IT COMES TO IMPORTANT WATERWAY IN  TENNESSEE.

DROVERS TV
DROVERS TV IS BROUGHT TO YOU BY MERCK ANIMAL HEALTH - THE MAKERS OF ZUPREVO.  TALK TO YOUR  VETERINARIAN ABOUT ZUPREVO, FOR THE TREATMENT OF BOVINE RESPIRATORY DISEASE.   ON DROVERS TV, JANUARY FEEDER CATTLE FUTURES WORKING TO HOLD ON TO  A TEN DOLLAR RALLY OVER THE PAST MONTH. FRIDAY'S CATTLE ON FEED REPORT LENDING A BIT OF SUPPORT. THE 10 POINT 6 MILLION HEAD WAS DOWN MORE THAN A PERCENTAGE POINT  COMPARED TO A YEAR AGO...AND PLACEMENTS WERE OFF 5 PERCENT. "OVERALL THE MARKET REALLY HAS NO REASON TO GO DOWN. WE DO HAVE LESS CATTLE ON FEED EVEN IF THERE'S MORE FEEDER CATTLE BEING LEFT OUT ON PASTURE, IT'S STILL NOT IN THE FEEDLOTS AND STILL NOT READY FOR SLAUGHTER. AND WITH DEMAND LIKELY TO INCREASE WITH THE PASSING OF THE THANKSGIVING DAY HOLIDAY, A LOT OF PEOPLE ARE INTERESTED IN KNOWING ABOUT THE CATTLE MARKET."SPEAKING OF PRICES, USDA LATEST LIVESTOCK OUTLOOK REPORT, SAYS WITH  BEEF PRODUCTION EXPECTED TO INCREASE NEXT YEAR AND GIVEN THE AMOUNT  OF BEEF CURRENTLY IN COLD STORAGE, MARKETS ARE GOING TO FEEL THE  PRESSURE. ITS SAYS RETAIL PRICES HOWEVER ARE STARTING TO TREND DOWNWARD. IN SEPTEMBER THE RETAIL CHOICE BEEF PRICE WAS 5-87 A POUND--SIX PERCENT  LOWER THAN A YEAR AGO. COUNTRY-OF-ORIGIN MEAT LABELING WILL NOT BE MAKING A COMEBACK UNDER  A TRUMP ADMINISTRATION.  THIS AFTER LEAKED PORTIONS OF TRUMP'S PLAN FOR HIS FIRST 100 DAYS IN  OFFICE HIGHLIGHTED A PROVISION TO POTENTIALLY INCLUDE COOL IN A  RENEGOTIATION OF NAFTA.  POLITICO REPORTS THAT TRUMP'S AGRICULTURE ADVISORY COMMITTEE WAS  QUICK TO MOBILIZE AND INFORM TRUMP'S TRANSITION TEAM THAT SUCH A  POLICY — WHICH HAS BEEN LITIGATED IN BOTH THE U.S. COURT SYSTEM AND  THE WORLD TRADE ORGANIZATION — IS A NON-STARTER FOR MOST FARM  GROUPS.  A SPOKESPERSON FOR TRUMP'S AGRICULTURE ADVISORY COMMITTEE SAID NO  ONE KNOWS HOW COOL GOT INTO THE PLAN, ADDING COOL IS "DEAD AS A  DOORNAIL."

TEASE
FROM TRANQUILTY TO TRANSPORTATION, RIVERS OFFER SO MUCH TO THE  REGIONS THEY SERVE. TENNESSEE STUDENTS ATTEMPT TO ASSESS THE  BENEFITS - NEXT ON IN THE COUNTRY. ENTER FOR YOUR CHANCE TO WIN TWO REGISTRATIONS TO THE TOP  PRODUCER SEMINAR - JANUARY 24TH THROUGH THE 27TH IN CHICAGO.   PACKAGE INCLUDES A THREE-NIGHT HOTEL STAY, PLUS A TWO-HUNDRED DOLLAR  VISA GIFT CARD!  GO TO TOPPRODUCERSEMINAR.COM/SWEEPSTAKES. 

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S BX AND L SERIES COMPACT  TRACTORS - AVAILABLE NOW WITH A SIX-YEAR LIMITED POWERTRAIN WARRANTY.   LEARN MORE TODAY AT YOUR LOCAL KUBOTA DEALER. IT WAS A JOURNEY COVERING MORE THAN ONE THOUSAND MILES THROUGH  FOUR STATES, AND ALL ALONG THE TENNESSEE RIVER. LANDSCAPE DESIGN AND  ARCHITECTURE STUDENTS FROM U-T MAPPED AND FOLLOWED THE RIVER TO  LEARN MORE ABOUT ITS IMPACT ON THE REGION. IN THIS REPORT FROM THE  UNIVERSITY OF TENNESSEE, CHARLES DENNEY HAS MORE ON WHAT THE  TENNESSEE RIVER HAD TO TEACH.  THE TENNESSEE RIVER CUTS ITS WAY THROUGH RURAL AND URBAN AREAS,  INCLUDING THIS SWEEPING BEND NEAR THE UT CAMPUS IN KNOXVILLE.  SOMETIMES CALLED THE 'AMAZON OF NORTH AMERICA' BECAUSE OF ITS  HUNDREDS OF SPECIES OF FISH, AND COUPLED WITH A 40,000 SQUARE MILE  WATERSHED, IT'S THE LIFEBLOOD OF THIS REGION. RECENTLY UT ARCHITECTURE  AND LANDSCAPE ARCHITECTURE STUDENTS IN THE GOVERNOR'S CHAIR  TENNESSEE RIVER STUDIO MAPPED, TOURED AND RESEARCHED THE WATERWAY.  BRAD COLLETT WITH UT'S INSTITUTE OF AGRICULTURE AND THE COLLEGE OF  ARCHITECTURE AND DESIGN LED THE GROUP -- LOOKING TO PRESERVE THE  RIVER FOR YEARS TO COME.BRAD COLLETT)  "THE TENNESSEE RIVER IS THE  MOST BIODIVERSE RIVER IN NORTH AMERICA. SO PROTECTING THAT IS AN  ESSENTIAL OBJECTIVE OF THE STUDIO, AND KIND OF THE WAY WE'RE THINKING  ABOUT IT. BUT ALSO IT'S AN IMPORTANT ECONOMIC RESOURCE THE WAY IT  DRIVES TOURISM. IT PROVIDES OPPORTUNITIES FOR AGRICULTURE AND  INDUSTRY." (CHARLES DENNEY) "HERE ARE THE NUMBERS FOR THIS IMPRESSIVE  JOURNEY. FOUR STATES – TENNESSEE, ALABAMA, MISSISSIPPI AND KENTUCKY.  MORE THAN 11-HUNDRED MILES COVERED, AND ALL IN JUST FIVE DAYS." MILE  ZERO WAS WHERE THE FRENCH BROAD AND HOLSTON RIVERS IN KNOX COUNTY  COME TOGETHER, THE BIG RIVER'S ACTUAL BEGINNING. FROM THERE THE  GROUP WENT ALL THE WAY TO PADUCAH, KENTUCKY – STUDYING THE  GEOGRAPHY OF THE WATERSHED, AND ISSUES LIKE CLIMATE, ENERGY AND  ECONOMIC IMPACT. (BRIAN STOVALL)  "SO WHEN WE GOT REALLY ON THE  GROUND AND WERE ABLE TO GET BY THE RIVER, AND SEE WHAT THE TEXTURE  OF THE RIVER WAS LIKE, WHAT INDUSTRY, WHO WAS ACTUALLY OUT THERE,  MEETING DIFFERENT ORGANIZATIONS, IT REALLY PUT A FACE ON ALL THE  RESEARCH THAT WE HAD DONE." "IT'S ONE THING FOR STUDENTS TO STUDY THE  RIVER IN AN ACADEMIC LABORATORY IN A CLASSROOM, BUT TO GET OUT AND  ACTUALLY SEE IT AND INTERACT WITH STAKEHOLDERS AND INDIVIDUALS WHO  ARE INTERACTING WITH THE RIVER EVERY DAY, IS AN INCREDIBLY VALUABLE  EXPERIENCE FOR THE STUDENTS – SO THEY GET THAT FIRSTHAND KNOWLEDGE."  THESE YOUNG EXPLORERS WILL NOW TAKE THE INFORMATION THEY GATHERED  INFORMATION AND DEVELOP ARCHITECTURAL DESIGN STRATEGIES. STUDENTS  SAY THE MAPPING AND BOOTS-ON-THE-GROUND TOUR WAS A VALUABLE  EXPERIENCE, AND THEY SAW FROM THE WATER'S EDGE THAT THE TENNESSEE  RIVER HAS HISTORY, INFLUENCE AND LESSONS TO TEACH. THIS IS CHARLES  DENNEY REPORTING.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND TYNE MORGAN. 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