AgDay Daily Recap -October 12, 2016

July 25, 2016 02:57 AM
 

TODAY ON AGDAY
OCTOBER 12, 2016

COMING UP TODAY ON AGDAY - NEW GRAIN REPORTS ARE DUE OUT FROM USDA-- WILL IT RAISE OR LOWER YIELD EXPECTATIONS? PLUS, "WE'RE TAKING THE I80 HARVEST SERIES TO NORTHERN ILLINOIS. WHERE FARMERS SAY THE CROP  LOOKS REALLY GOOD. WE'LL HAVE AN UPDATE AHEAD ON AGDAY." IN AGRIBUSINESS...RUNNING  OUT OF ROOM? AND IS THIS SOUTH AMERICAN CROP MAY HOLD POTENTIAL FOR NORTH  AMERICAN FARMERS. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.

USDA CROP PRODUCTION PREDICTIONS
GOOD MORNING I'M CLINTON GRIFFITHS. IN JUST A FEW HOURS, USDA WILL POST  ITS OCTOBER CROP PRODUCTION ESTIMATES AND GRAIN STOCKS DATA. GRAIN MARKETS ARE WAITING FOR THESE REPORTS. A REUTERS POLL HAS THE TRADE GUESSING 51 AND A HALF BUSHELS TO ACRE  ON SOYBEANS. THAT'S NEARLY A FULL BUSHEL HIGHER THAN USDA'S ESTIMATE  LAST MONTH. NATIONAL CORN YIELDS PREDICTED TO BE 173 AND A HALF. IF THAT'S REALIZED,  IT'S A FULL BUSHEL LOWER THAN THE SEPTEMBER ESTIMATE. "THE NON IRRIGATED CORN IS GOING TO BE DECENT BUT IT GOT HURT WITH SOME VARIABLES THAT WE'RE  NOT GOING TO HAVE A BIN BUSTER OR ANYTHING. I'VE HEARD OTHER AREAS HAVE SOME GOOD YIELDS.  WE'RE A LITTLE ISOLATED AND DON'T RUN WITH THE REST OF INDIANA.""FROM WHAT I'M HEARING SO FAR, IS WE'RE GOING TO MATCH RECORD OR MAYBE BE A LITTLE MORE THAN  RECORD. SO FAR, IT SEEMS LIKE WE'RE ON THAT TRACK."

USDA CROP PROGRESS
USDA'S CROP PROGRESS REPORT SHOWS CORN HARVEST IS NOW ABOUT ATHIRD COMPLETE.  IT'S SLIPPING BEHIND THE FIVE YEAR AVERAGE OF 38- PERCENT. IOWA FARMERS MADE LIMITED PROGRESS WITH 19-PERCENT NOW HARVESTED.   IT'S USUALLY 32-PERCENT. MINNESOTA - WHICH ALSO GOT HIT HARD WITH RAIN TWO WEEKS AGO - REACHED  14-PERCENT. THAT'S HALF OF AVERAGE. ILLINOIS IS AT 62-PERCENT HARVESTED. 11 POINTS AHEAD. SOYBEAN HARVEST IS RUNNING BEHIND. IT REACHED 44% - THREE POINTS  BEHIND.

 

I-80 IN ILLINOIS
THE I-80 HARVEST TOUR - SPONSORED BY THE ENLIST WEED CONTROL SYSTEM FROM DOW AGROSCIENCES - COMBINING THE PROVEN CONTROL OF A  NEW 2,4-D AND GLYPHOSATE.  TAKE CONTROL OF TOUGH WEEDS LIKE NEVER  BEFORE. IN THE AUGUST AND SEPTEMBER CROP PRODUCTION FORECASTS, USDA  SHOWED ILLINOIS WITH A STATEWIDE CORN AVERAGE YIELD OF 200 BUSHELS AN  ACRE.  IT WAS THE ONLY MAJOR CORN-PRODUCING STATE TO HIT THAT MARK THIS  SEASON. SOME ILLINOIS FARMERS HAVE TOLD US THEY INDEED HAVE SEEN IMPRESSIVE  NUMBERS. IN THIS WEEK'S I-80 HARVEST TOUR, BETSY JIBBEN TAKES US TO THIS KEY 'I'  STATE.  "NORTHERN ILLINOIS FARMERS SAY THEY HAD ALMOST PERFECT CONDITIONS FOR MOST OF THIS GROWING  SEASON WHICH IS PRODUCING A GREAT CROP,"THE COMBINE IS MOVING. AND THE RIPPER IS RUNNING. MAPLE PARK, ILLINOIS FARMER STEVE PITSTICK DOESN'T HAVE MANY COMPLAINTS. "IT'S THE YEAR WE DREAM ABOUT OR PLAN FOR IN JANUARY AND IT RARELY HAPPENS,"HE SAYS IT'S BECAUSE THE AREA RECEIVED A SHOT OF RAIN WHEN NEEDED AND MODERATE TEMPERATURES THROUGHOUT THE SEASON.  "THE LAST COUPLE OF YEARS IT'S BEEN EXTREMELY WET IN JUNE AND IT'S TAKEN AWYA SOME TOP END.  WE FINALLY HAVE A YEAR WHERE WE CAN GET ALL OF THE YIELD THAT WE PAY FOR,"WHILE FARMERS MAY NOT SAY IT, THOSE YIELDS ARE GOOD.  "I WOULD SAY WE'RE PROBABLY 10 PERCENT ABOVE AVERAGE ON CORN ANYWAY. BEANS, JUST A LITTLE  ABOVE AVERAGE. WE HAD SOME GOOD BEANS THE LAST COUPLE OF YEARS,"WHILE PITSTICK AND HIS CREW ARE MOVING NOW -- HE SAYS THERE'S STILL A HURDLE THIS YEAR.. AND THAT'S PRICE.  "EVERY YEAR IS A CHALLENGE. THIS YEAR WAS A DIFFERENT CHALLENGE. MORE TRYING TO FIGURE OUT  WHEN TO PRICE GRAIN. SOME YEARS IT'S PRODUCTION. SOME YEARS IT'S MARKETS."ROUGHLY 40 MILES WEST IN ASHTON, ILLINOIS,  THIS GROWING SEASON PRODUCED ANOTHER CROP..  "WONDERFUL. IT'S A GOOD CROP AND THE COMBINE IS RUNNING GOOD,""IT WORKED OUT GOOD. THE TRUCKS, WE HAVE FOUR. NOT IT'S GOING TO BE JUST A MINUTE." AND ONE MORE MILESTONE FOR THIS FATHER-SON DUO.  "I WAS BORN IN '26. AND I'VE PROBABLY HARVESTED 70 YEARS OR SOMETHING,"I'M AT 40 YEARS OF FARMING. I DONT KNOW IF I WILL MAKE IT TO 74. 75 OR 76 BUT I'LL TRY."WHILE THESE TWO ARE HAPPY TO WORK TOGETHER- THEY'RE EVEN MORE  PLEASED IT'S A GOOD CROP YEAR. "THIS IS ABOVE AVERAGE. PROBABLY 10 OR 15 PERCENT ABOVE AVERAGE. IT'S A GOOD CROP. BEANS  ARE GOOD. THERE'S A LOT OF 70 OR 75 BUSHEL BEANS,"KENNAY SAYS SOME AREAS RECEIVED TOO MUCH RAIN - BUT IT WON'T HURT  MUCH. "WE HAVE SOME LOW, BLACK DIRT THAT WILL BE HURT FROM TOO MUCH RAIN. THIS GROUND THAT WE'RE ON THAT'S SANDY, LOVED IT. THIS IS SOME OF HTE BEST CORN ON THIS FARM EVER,"WHILE THESE FARMERS ARE THANKFUL FOR A BONTIFUL HARVST..  THEY'RE ALSO GRATEFUL FOR WRAP UP ANOTHER YEAR TOGETHER.  "I CAN'T WATCH TV. I GOTTA BE DOING SOMETHING!"<"WE GET ALONG GOOD. WE'VE DONE IT SO LONG THAT IT JUST COME NATURAL," REPORTING FOR AGDAY, I'M BETSY JIBBEN.  PITSTICK SAYS HE'S ABOUT 40 PERCENT DONE WITH BEANS AND 25 PERCENT ON  CORN. HE SAYS BOTH ARE SHOWING EQUALLY IMPRESSIVE YIELDS. LOOKING AT WINTER WHEAT - 59-PERCENT IS PLANTED, A POINT OFF THE  AVERAGE PACE. KANSAS WHEAT SITS AT 58-PERCENT PLANTED, SIX POINTS BEHIND. AS FAR AS EMERGENCE, 34-PERCENT IS OUT OF THE GROUND. THAT'S FOUR  POINTS AHEAD. 29-PERCENT OF KANSAS WHEAT HAS EMERGED. FOUR POINTS BEHIND.

NORTH CAROLINA LIVESTOCK DROWNINGS
ON THE PROTEIN SIDE, NORTH CAROLINA GOVERNOR PAT MCCRORY SAYS  THOUSANDS OF ANIMALS DROWNED - MOSTLY CHICKENS ON POULTRY FARMS  DUE TO HURRICANE MATHEW ITS AFTERMATH. HE IS DECIDING ON RULES FOR DISPOSING OF THE CARCASSES. MEANWHILE, HOG SLAUGHTER FELL TO START THE WEEK, FOLLOWING THE  CLOSURE OF 3 FACILITIES IN THE SOUTHEAST DUE TO FLOODING. OFFICIALS ARE WATCHING TO SEE IF FLOOD WATERS BREACH SOME LIVESTOCK  LAGOONS IN THE REGION...WARNING ABOUT THE POTENTIAL HEALTH IMPACTS OF  THE WATER.

CROP COMMENTS
CROP COMMENTS IS POWERED BY RESICORE HERBICIDE FOR CORN, FROM  DOW AGROSCIENCES.

TEASE
COMING UP NEXT IN AGRIBUSINESS. IS YOUR GRAIN BIN FULL? WE'LL TELL YOU  WHAT TO DO, IF IT IS. AND WE'LL VISIT A FARMER IN THE PACIFIC NORTHWEST WHO HOPES TO LEAD  THE WAY FOR QUINOA IN THE US.

FROM THE FLOOR OF THE CME
AGRIBUSINESS TODAY, BROUGHT TO YOU BY YAMAHA - MAKERS OF VIKING SIDE- BY-SIDES.  YAMAHA - REAL WORLD TOUGH.  CATTLE MARKETS FEELING THE PRESSURE MONDAY. LETS SEE HOW THINGS  FAIRED FROM THE FLOOR OF THE CME ON TUESDAY. LIVESTOCK MARKET MIXED ON TUESDAY. WE HAD SOME BAD NEWS IN REGARD  TO THE BEEF CUT-OFFS AGAIN. SELECT BOXES TO THE LOWEST LEVELS IN  YEARS. THAT'S JUST NOT A GOOD SIGN THAT THIS WHOLESALE STUFF CAN'T  HOLD ITSELF TOGETHER. THE FUTURES IS TRYING TO FIND A BOTTOM. WE'RE  HOVERING SOME MULTI-YEAR-LOWS HERE. PICKING A BOTTOM IN A BEAR MARKET  IS ALWAYS VERY DIFFICULT TO DO. IT USUALLY GOES FURTHER THAN YOU THINK  IT'S GOING TO IN THESE BIG TRENDING MARKETS.  AGAIN, JOE VACLAVIK, STANDARD GRAIN FROM THE FLOOR OF THE CME GROUP.  BIG CROPS OFTEN MAKES FOR CROWDED BIN SPACE. TYNE MORGAN ASKS WHAT  TO DO IF YOU RUN OUT OF ROOM IN THIS MORNING'S ANALYSIS.

AGRIBUSINESS
WELCOME BACK BRIAN SPLIT OF ALLENDALE. OK BRIAN WHAT ABOUT SOME OF  THE...WE'RE HARVESTING RIGHT NOW WHAT ABOUT SOME OF THESE FARMERS  WHO ARE HARVESTING THIS CROP AND DON'T HAVE ANYWHERE TO PUT IT ON THE  FARM. THEY'RE OUT OF STORAGE? RIGHT SO WE'RE GONNA HAVE A LOT OF  PRODUCERS THAT HAVE EXTRA BUSHELS THAT THEY WILL NOT BE ABLE TO  STORE ON FARM AND BECAUSE OF WHERE PRICES ARE RIGHT NOW THEY MAY  NOT WANT TO RELINQUISH OWNERSHIP OF THESE BUSHELS SO THAT IS WHERE  WE NEED TO DO A COMPARISON IF I WANT TO MAINTAIN PHYSICAL OWNERSHIP  THAT MEANS THAT I PROBABLY HAVE TO FIND SOMEWHERE TO STORE IT AND PAY  THEM TO STORE IT FOR ME SO WE NEED TO COMPARE THE COST OF THAT  STORAGE TO WHAT MAY BE AN AT THE MONEY CALL WOULD BE AND SO IF YOU'RE  A PRODUCER THAT MAYBE THINKS WELL HEY MAYBE THIS JANUARY FINAL  PRODUCTION NUMBERS WILL OFFER A LITTLE BIT LOWER PRODUCTION AND WE  COULD SEE SOME HIGHER PRICES DOWN THE ROAD. WELL IF THAT'S THE CASE  YOU'RE GOING TO PAY AN ELEVATOR FORT TO FIVE CENTS A MONTH TO STORE UP  TO THAT JANUARY FEBRUARY TIME FRAME WERE MAYBE AN AT THE MONEY CALL  IN MARCH OPTIONS MAY ALLOW YOU TO MAINTAIN OWNERSHIP FOR LESS THAN  WHAT YOU WOULD PAY THE ELEVATOR AND ALSO ELIMINATING THE DOWNSIDE  RISK OF THE FUTURES. SO ALL THINGS BEING EQUAL IF I HAVE EXTRA BUSHELS I DON'T WANT TO PAY ANYBODY TO STORE IT. MAYBE JUST BUY A CALL AND HAVE  OWNERSHIP ON PAPER THAT WAY. BRIAN WHAT'S YOUR ADVICE FOR THOSE  FARMERS WHO DO HAVE ROOM TO STORE IT ON THE FARM? WHAT SHOULD THEY  BE DOING AT THIS POINT? WELL IF YOU HAVE THE BIN SPACE USE YOUR BINS AND  USE THE CARRIER TO YOUR ADVANTAGE AND  IF THE PERCEPTION OF THE CROP,  ALL THINGS BEING EQUAL, STAYS ABOUT THE SAME AS YOU MOVE THROUGH THE  COURSE OF THE MARKETING YEAR WE SHOULD SEE THE MARCH AND THE MAY  AND THE JULY CONTRACTS EVENTUALLY COME DOWN TO THE LEVELS THAT  WE'RE SAYING DECEMBER TRADE AT CURRENTLY.  SELL IF YOU HAVE A JULY CORN UP NEAR THREE SEVENTY CHANCES ARE WE'RE GONNA HAVE A FIFTY  CENT DROP AT SOME POINT TO REVISIT THE LOW END LEVELS THAT DECEMBER HAS MADE SO FAR FOR OUR LOWS. SO  THREE SEVENTY TO THREE TWENTY ON  JULY'S IS PROBABLY A LIKELIHOOD UNLESS THE PERCEPTION OF OUR CARRY OUT  STOCKS TO USE CHANGES DRASTICALLY THROUGH THE MARKETING YEAR.  ALRIGHT BRIAN SPLITT OF ALLENDALE. STAY WITH US WE'LL BE BACK WITH MORE AGDAY IN JUST A MOMENT. TO TALK TO BRIAN SPLITT ONE ON ONE CALL ALLENDALE INCORPORATED AT  800-551-4626 OR EMAIL HIM AT BSPLITT@ALLENDALE-INC.COM.   YOU'RE A FARMER.AND YOU ARE RELENTLESS.  WE'RE RELENTLESS TOO.   VISIT MYCOGEN-DOT-COM, OR YOUR LOCAL MYCOGEN SEEDS DEALER TO LEARN  MORE ABOUT OUR RELENTLESS DEDICATION TO YOU.  

NATIONAL WEATHER
WELCOME BACK TO AGDAY HERE WITIH METEOROLOGIST MIKE HOFFMAN. MIKE I THINK YOU'RE TELLING ME THAT I MIGHT BE ABLE TO GET RID OF THOSE  MOSQUITOES THE SIZE OF MY THUMB. WE HAVE A FROST AND FREEZE WARNING  COMING. THAT'S A POSSIBILITY YES OVER A GOOD CHUNK OF THE NORTHERN  HALF OF THE PLAINS INTO THE GREAT LAKES EVENTUALLY WITH THIS AIR MASS  AND THE LEADING EDGE OF COURSE IS THAT COLD FRONT THAT'S GOING TO BE  DROPPING TOWARD THE SOUTHEAST. SO THE POSITIVE IS AS CLINT MENTIONED  GETTING RID OF MOSQUITOES THE NEGATIVE CAN BE OBVIOUS THINGS AS WELL.  IF THE CROP ISN'T QUITE FINISHED YET IN PARTS OF THE AREA THAT DOES GET A FROST OR FREEZE. BUT I DON'T THINK THIS IS GOING TO BE REAL EARLY THOUGH  SO I DOUBT THAT HAPPENS IN TOO MANY PLACES THERE'S A HIGH PRESSURE  BUILDING EASTWARD DURING THE DAY TODAY AREA OF LOW PRESSURE DRIVING  ALONG THAT FRONT WILL PRODUCE SOME SHOWERS AND MAYBE EVEN SOME  SPOTTY THUNDERSTORMS FROM THE SOUTHWESTERN GREAT LAKES ALL THE  WAY THROUGH THE CENTRAL MISSISSIPPI VALLEY AND SOUTHERN PORTIONS OF  THE MISSOURI VALLEY BUT BEHIND IT IT DOES TURN SUNNY AGAIN BUT MUCH  COLDER PRETTY PLEASANT EVEN AHEAD OF THIS SYSTEM AS HIGH PRESSURE  CONTINUES TO DOMINATE EAST COAST BY EARLY IN THE DAY TOMORROW WE'LL  SEE THAT COLD FRONT IN EASTERN OHIO DOWN IN THE SOUTHERN ARKANSAS AND NORTHERN TEXAS BRINGING IN THAT CHILY AIR. BUT THIS IS A QUICK SHOT  YOU'LL NOTICE A WARM FRONT ALREADY COMING THROUGH THE NORTHERN  ROCKIES AND A PRETTY STRONG STORM SYSTEM OFF THE PACIFIC NORTHWEST  COAST COMING IN BY TOMORROW MORNING AND THAT WILL SPREAD A LOT OF  RAIN INTO A MUCH OF WESTERN WASHINGTON AND OREGON BY TOMORROW  AFTERNOON, EXCUSE ME, THE FIRST COLD FRONT WILL CONTINUE SOUTH WARD INTO A CENTRAL DIXIE AS WE HEAD THROUGH THE AFTERNOON TOMORROW.  THERE'S THE PRECIPITATION ESTIMATES OVER THE PAST TWENTY FOUR HOURS  NOT A LOT AS YOU CAN SEE THIS HAS GENERALLY BEEN FAIRLY LIGHT AMOUNTS  BUT ADDING IN THE NEXT THIRTY SIX HOURS YOU CAN SEE A LITTLE BIT MORE  MOISTURE ALONG THAT COLD FRONT COMES OUT OF THE GULF OF MEXICO SO  YOU CAN SEE SOME POCKETS OF AN INCH OR MORE ALONG THAT FROM A MOST  AREAS PROBABLY NOT GOING TO SEE QUITE THAT MUCH AND AGAIN ONE TO TWO  INCHES IN PARTS OF THE WESTERN WASHINGTON WESTERN OREGON. SNOW  FALL AMOUNTS MOST OF THIS IS ALREADY ON THE GROUND THIS IS THE  ESTIMATED AMOUNT YOU CAN SEE AS WE ADD ON THE NEXT THIRTY SIX HOURS  WERE NOT REALLY ADDING ANY SOUTH OF THE CANADIAN BORDER. AS FAR AS  TEMPERATURES ARE A CONCERNED LOOK AT THE BIG DIFFERENCE SOUTH OF  THE FRONT SEVENTIES AND EIGHTIES NORTH OF THE FRONT FORTIES AND  FIFTIES AND THAT COLD AIR WILL CONTINUE TO PRESS SOUTHWARD SO LOWS  TONIGHT LOTS OF TWENTIES AND THIRTIES ACROSS THE NORTHERN HALF OF  THE PLAINS STATES AND EVEN INTO THE GREAT LAKES WE'LL START SEE LOWS  BACK INTO THE FORTIES HIGH TEMPERATURES TOMORROW AFTERNOON  FORTIES AND FIFTIES PRETTY PLEASANT ACTUALLY BEHIND THE FRONT A  SEVENTIES AND EIGHTIES AHEAD OF IT AND THERE'S A JET STREAM YOU CAN SEE  THAT TROUGH MOVING THROUGH QUICKLY SO THIS IS A ONE TO TWO DAY SHOT  OF CHILLY AIR THEN IT TURNS KIND OF ZONAL WITH SOME RIPPLES DEVELOPING AS WE HAD IN THE NEXT WEEK AND THAT'S A DECENT TROUGH INTO THE GREAT  LAKES OUR COMPUTER MODELS ARE SHOWING ANY WAY BY THE MIDDLE OF  NEXT WEEK

REGIONAL WEATHER
THAT'S A LOOK ACROSS A COUNTRY NOW LET'S TAKE A LOOK AT  SOME LOCAL FORECASTS. FIRST OF ALL GO TO CHICO CALIFORNIA A GOOD DEAL  OF SUNSHINE AND PLEASANT TODAY HIGH OF SEVENTY EIGHT CARRINGTON NORTH DAKOTA PARTLY SUNNY RATHER CHILLY HIGH OF JUST FORTY ONE AND  FINALLY WILL HEAD THE DOSE IN ALABAMA PARTLY TO MOSTLY SUNNY AND NICE  THIS AFTERNOON HIGH EIGHTY TWO. 

TEASE
UP NEXT WE'LL CHECK ON GROWERS IN FLORIDA THANKS TO OUR PARTNERS AT  THE PACKER.ARE YOU THINKING ABOUT CHANGING-UP YOUR CROP ROTATION NEXT YEAR? HOW ABOUT TRYING THIS CROP? IT'S STRAIGHT FROM SOUTH AMERICA! DETAILS LATER ON IN THE COUNTRY. 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 BOWER TRADING DOT  COM.

FLORIDA CITRUS
IN NEWS FROM OUR PARTNERS AT THE PACKER, ACCORDING TO FLORIDA CITRUS  OFFICIALS, GROWERS EXPECT ONLY MINOR DAMAGE FROM HURRICANE MATHEW. OVERALL TREES EXPERIENCING SOME MINOR FRUIT DROP...AS MOST OF THE  GROVES ONLY SAW 45- 50 MILE PER HOUR WINDS RATHER THAN THE 120  THAT  WAS PREDICTED. MANY OF THE STATE'S GROWERS ARE STILL HOPING FOR A GOOD  SEASON..DESPITE THESE RECENT STORMS. CURRENTLY SOUTH FLORIDA FARMS HAVE BEEN PLANTING A VARIETY OF  VEGETABLES INCLUDING BELL PEPPERS, CUCUMBERS, AND SWEET CORN. "WE ARE HAVING GREAT WEATHER. WE'VE HAD A LITTLE RAIN EVERYDAY BUT NOTHING TOO MUCH THAT  WE CAN'T HANDLE. SO FAR, WE HAVE BEEN REALLY FORTUNATE AND BLESSED SO FAR.> MANY ITEMS TYPICALLY BEGIN HARVESTING IN EARLY TO MID-NOVEMBER.

HYDROPONIC GROWN PRODUCE
COMING UP IN NOVEMBER, THE NATIONAL ORGANICS STANDARDS BOARD WILL  TAKE ANOTHER LOOK AT HYDROPONIC GROWN PRODUCE --AND WHETHER IT  SHOULD BE CLASSIFIED AS ORGANIC. THE BOARD MAKES RECOMMENDATIONS TO USDA'S NATIONAL ORGANIC  PROGRAM---AND USDA OVERSEES THE CERTIFICATION. AT A PREVIOUS SUBCOMMITTEE MEETING THE GROUP DECIDED THAT THE LACK  OF SOIL IN HYDROPONICS AND CONTAINER BASED ORGANIC OPERATIONS  SHOULD EXCLUDE THEM FROM CERTIFICATION. THOSE GROWING WITH HYDROPONICS SAY THE DECISION WILL REDUCE THE  AVAILABILITY OF ORGANIC FOOD. THE FULL BOARD MEETS NOVEMBER 16TH THROUGH THE 18TH IN ST LOUIS.

TEASE
COULD A FOOD REVOLUTION PROVIDE OPPORTUNITY AND AN ALTERNATIVE CROP  FOR AMERICAN FARMERS. THAT STORY IS NEXT. THE LOCAL WEATHER CAN HAVE A BIG IMPACT NOT ONLY ON YOUR DAY, BUT  ALSO ON YOUR CROPS. START YOUR DAY OFF RIGHT WITH YOUR LOCAL  FORECAST DELIVERED RIGHT TO YOUR MOBILE PHONE, JUST TEXT WEATHER TO  31313 TO GET STARTED! 

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. ) QUINOA FIELDS ARE RARE IN THE UNITED STATES, BUT MOST OF THE DEMAND FOR THE SOUTH AMERICAN GRAIN IS FROM AMERICANS.  ACCORDING TO THE AGRICULTURAL MARKETING RESOURCE CENTER AT IOWA  STATE, QUINOA CONSUMPTION IN THIS COUNTRY HAS RISEN DRAMATICALLY. IN  2007 THE U-S IMPORTED SEVEN MILLION POUNDS.  IN 2013 IT REACHED NEARLY 70  MILLION POUNDS.TRACEY BROWNE REPORTS THAT DEMAND PRESENTS AN OPPORTUNITY TO  AMERICAN FARMERS, AND SOME ARE EAGER TO GET ON BOARD.  AFTER 5 DECADES GROWING EVERYTHING FROM CABBAGE TO WHEAT, NASH  HUBER RECENTLY FINISHED HARVESTING THE SOUTH AMERICAN GRAIN. "IT'S A BEAUTIFUL CROP." WITH DEMAND GROWING FOR QUINOA... A SMALL NUMBER OF AMERICAN  FARMERS ARE TESTING OUT THE CROP. WE'RE STILL IN THE EARLY STAGERS HERE. STILL LEARNING. I KIND OF STEPPED OFF THE END OF THE DOCK  HERE WITH A BIT OF A BITE THIS YEAR." MORE THAN 90 PERCENT OF THE QUINOA SUPPLY COMES FROM PERU AND BOLIVIA.   BUT AMERICANS CONSUME MORE THAN HALF OF THE GLOBAL  PRODUCTION OF QUINOA… THE EDIBLE SEEDS KNOWN FOR THEIR NUTRITIONAL  VALUE. "IT'S A GOT ALL THE AMINO ACIDS HUMANS NEED SO IT'S A COMPLETE PROTEIN AND THAT'S REALLY HARD  TO FIND ON GRAIN CROPS." IT'S ALSO BEEN A CHALLENGE FINDING THE RIGHT WAY TO GROW IT IN THE U.S. WASHINGTON STATE UNIVERSITY RESEARCHERS ARE TESTING VARIETIES THAT  CAN WITHSTAND HEAT ALONG WITH THE LATE SUMMER RAINS WITHOUT  SPROUTING. "I THINK TO HAVE LARGE ACREAGE, A LOT OF FARMERS THROUGHOUT THE U.S. GROWING QUINOA, IT'LL TAKE  SOME NEW VARIETY DEVELOPMENT THAT WORKS FOR THE DIFFERENT REGIONS." WHILE QUINOA HAS  BEEN A BOON FOR THE ECONOMIES OF PERU AND BOLIVIA, GENERATING $111  MILLION IN 2012.... RECENT OVER PRODUCTION HAS CAUSED PRICES TO DROP,  STRAINING FARMERS, ESPECIALLY SMALL ONES. "THE LOWER QUINOA PRICES HAS AFFECTED THEM BECAUSE IT TAKES A LOT OF MONEY TO CULTIVATE  QUINOA, MORE THAN OTHER CROPS." AMERICAN CONSUMERS IN PARTICULAR LOOKING FOR FOODS GROWN CLOSER  TO WHERE THEY LIVE. BUT QUINOA IS GOING BEYOND THE GRAIN AISLE. "WE OFFER ADDITIONAL QUINOA PRODUCTS SO WE HAVE CHOCOLATES THAT HAVE QUINOA IN THEM, WE HAVE HAIR CARE PRODUCTS THAT HAVE  QUINOA IN THEM." QUINOA'S DIVERSITY IS PART OF THE APPEAL FOR FARMERS LIKE  HUBER. I HOPE I BREAK EVEN. "IF WE BREAK EVEN OR MAKE A LITTLE BIT OF  MONEY, THAT'LL BE GOOD BECAUSE I LEARNED QUITE A FEW THINGS HERE." A LEARNING EXPERIENCE THAT COULD HELP RESHAPE THE FUTURE OF QUINOA  ON U-S SOIL. TRACY BROWNE, ASSOCIATED PRESS.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR BETSY JIBBEN, TYNE MORGAN, AND MIKE HOFFMAN, I'M CLINTON GRIFFITHS.  HAVE A GREAT DAY. HIGH STRENGTH STEEL FOR HIGH STRENGTH DEPENDABILITY, THE CHEVY  SILVERADO IS THE OFFICIAL NEWS GATHERING VEHICLE OF AGDAY TELEVISION.

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