AgDay Daily Recap -October 25, 2016

August 8, 2016 02:57 AM
 
AgDay Daily Recap -October 25, 2016

TODAY ON AGDAY
OCTOBER 25, 2016


COMING UP TODAY ON AGDAY-THE ACREAGE BATTLE FOR 2017 IS ALREADY UNDERWAY. PLUS, WHERE DO THE PRESIDENTIAL CAMPAIGNS STAND ON THE FARM BILL? IN AGRIBUSINESS... A DAIRY MARKET OUTLOOK AND SHARING HARVEST WITH CONSUMERS IN TENNESSEE. A LOOK AT THE BUSINESS OF AGRITOURISM. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG   LASTING CHEVY SILVERADO.

ACREAGE EXPECTATIONS IN 2017
GOOD MORNING I'M CLINTON GRIFFITHS. HARVEST MAY BE ON THE MOVE BUT POSITIONING FOR NEXT YEAR IS ALREADY UNDER CONSIDERATION. INFORMAECONOMICS IS ALREADY PREDICTING SOYBEANS WILL TAKE A SIGNIFICANT NUMBER OF ACRES FROM CORN AND WHEAT DURING THE 2017 PLANTING SEASON. HERE'S HOW IT BREAKS DOWN, THEY PROJECT CORN ACRES TO DROP BY 3.5 MILLION ACRES IN 2017...TO 90 POINT 9. WHEAT IS ALSO EXPECTED LOWER AT JUST BELOW 49 (48.9) MILLION ACRES IN 2017...IT'S LOWEST MARK SINCE 1970. MEANWHILE SOYBEANS ACREAGE IS EXPECTED TO CLIMB NEARLY 6 PERCENT TO A NEW RECORD -- 88.4 MILLION ACRESONE IOWA FARMER WHO PUT ALL OF HIS ACRES INTO CORN THIS SEASON SAYS HE HAS A DIFFERENT PLAN FOR NEXT YEAR. "MARKETWISE WHEN WE MADE THE DECISION WE WERE STARING AT 8-75 SOYBEANS AND OBVIOUSLY WE'VE HAD IMPROVEMENT SINCE THEN." "I COULD TELL YOU WE'VE ALREADY HAD TALKS ON OUR OPERATION THAT THERE WILL PROBABLY BE SOME SOYBEANS NEXT YEAR." YOU CAN SEE MORE FROM HIS INTERVIEW AND HOW THE 2016 GROWING SEASON WENT TOMORROW AS BETSY JIBBEN CONTINUES OUR TOUR OF HARVEST ALONG I-80.

USDA CROP PROGRESS
HARVEST CONTINUES TO ROLL THROUGH THE MIDWEST AS FARMERS WORK TO PLAY CATCH UP. THE NATION'S CORN CROP IS NOW 61 PERCENT HARVESTED--THAT'S A 15 POINT JUMP IN JUST A WEEK'S TIME...AND NEARLY ON PACE WITH FIVE YEAR AVERAGE. THE WESTERN CORN BELT REMAINS ROUGHLY 5 TO 10 POINTS BEHIND AVERAGE. SOYBEANS ARE RIGHT ON PACE 76 PERCENT OF BEANS ARE NOW OUT OF THE FIELD. IOWA IS STILL 9 POINT BEHIND AVERAGE. NEBRASKA IS 10 POINTS BEHIND. AND COTTON GROWERS HAVE NOW CUT 39 PERCENT OF CROP. THAT'S A COUPLE POINTS AHEAD OF THE FIVE YEAR AVERAGE. SOUTH CAROLINA WHERE FARMERS FACED FLOODING RAINS FROM HURRICANMATHEW--HARVEST IS 10 POINTS OFF THE AVERAGE PACE.

DUPONT SELLING HERBICIDE BUSINESS
DUPONT PIONEER PLANS TO SELL ITS HERBICDE BUSINESS. ACCORDING TO BLOOMBERG, THE MOVE IS AN EFFORT TO FIGHT OFF ANY REGULATORY HURDLES AS THE DOW, DUPONT MERGER COMES TOGETHER. REPORTS SHOW DUPONT HAS HIRED A FIRM TO HELP SELL THE HERBICIDE BUSINESS, WHICH WAS A POTENTIAL STICKING POINT IN THE 59 BILLION DOLLAR DOW MERGER. THE SALE IS EXPECTED TO BRING SEVERAL HUNDRED MILLION DOLLARS. BLOOMBERG REPORTS DUPONT IS LOOKING AT SELLING SMALLER UNITS, INSTEAD OF ONE LARGE TRANSACTION.

SYNGENTA DROPPING SHARES
IN OTHER MERGER NEWS, SWISS BASED SYNGENTA SEEING IT'S SHARES DROP MORE THAN 9 PERCENT MONDAY AFTER AN E-U COMMISSION RAISED DOUBTS ABOUT IT'S PLANNED MERGER WITH CHEMCHINA. THE PAIR AGREEING TO A 43 BILLION CASH TAKEOVER IN    FEBRUARY LEADERS MET WITH THE E-U ANTITRUST AUTHORITY A WEEKAGO. A SPOKESMAN SAYS THE COMPANIES DID NOT OFFER ANY CONCESSIONS. MEANING THE COMMISSION CAN CLEAR THE DEAL UNCONDITIONALLY OR OPEN A FULL INVESTIGATION. THAT COULD TAKE UP TO FIVE MONTHS.

CHINESE PORK PRESSURING U.S. PRICES
A LOT OF PORK PRODUCTION AND SLOWING CHINESE PORK IMPORTS ARE GOING TO PRESSURE AMERICAN PORK PRICES IN THE NEXT SEVERAL MONTHS. THAT'S ACCORDING TO RABOBANK'SLATEST QUARTERLY PORK REPORT. RABOBANKSAYS HIGHER THAN EXPECTED SUPPLIES, COMBINED WITH SLOWING EXPORTS AND MORE COMPETITION FROM BEEF AND POULTRY ARE PUSHING DOWN PROFITABILITY IN THE PORK INDUSTRY.                                                                                                                                                                     

BRAZIL CASHING IN ON BEEF EXPORTS
AS THE TRANS PACIFIC PARTNERSHIP SEEMS TO SIT LIFELESS WITH LITTLE MOVEMENT, BRAZIL IS LOOKING TO CASH IN ON BEEF EXPORTS TO JAPAN. BRAZIL'S AG MINISTER ANNOUCNING THEY'RE IN TALKS WITH JAPAN TO INCREASE EXPORTS OF BOTH FRESH BEEF AND FRUIT TO THE ASIAN NATION. BRAZILLIAN BEEF IS PRETTY MUCH BLOCKED IN JAPAN TODAY, ONLY EXPORTING 1 POINT 4 TONS SO FAR THIS YEAR. AT THE SAME TIME, U-S PRODUCERS FACE A 39 PERCENT TARIFF ON BEEF EXPORTS TO JAPAN. UNDER T-P-P, THAT WOULD DROP TO 9 PERCENT.

CLINTON, TRUMP CAMPS ON FARM BILL
AS WE'VE BEEN TALKING THE LAST FEW DAYS, THE GENERAL ELECTION IS RACING TOWARD A CLOSE. AT LAST WEEK'S CANDIDATE FORUM SPONSORED BY THE THE FARM FOUNDATION AND FARM JOURNAL MEDIA, REPRESENTATIVES FOR BOTH SIDES GAVE THEIR THOUGHTS ON THE UPCOMING FARM BILL DEBATE. SO AGAIN I THINK THAT THE KEY THING IS THAT IT IS A COMPREHENSIVE BILL THAT HAS OF THE FARM SAFETY NET THAT'S SO IMPORTANT BUT ALSO HAS A NUTRITION ASSISTANCE PROGRAMS THAT ARE SO IMPORTANT. I DON'T THINK A FARM BILL MOVES WITHOUT THAT PACKAGE. AND AGAIN, SENATOR CLINTON HAS SUPPORTED FARM BILLS SHE HAS AN UNDERSTANDING OF CONGRESS. SHE HAS REALLY A GREAT CAPACITY TO WORK ACROSS THE BOARD AND I THINK THAT SHE WILL HELP OUR COUNTRY IN WORKING WITH CONGRESS TO MAKE SURE THAT WE HAVE A TIMELY FARM BILL. IT MAKES IT HARD TO MANAGE THE DEPARTMENT OF AGRICULTURE. THE FARM BILL COVERS SO MUCH OF THAT. LET ALONE, LEAVING PEOPLE IN THE COUNTRY SIDE WITHOUT IT. WE THINK THAT THE NUTRITION PROGRAM HAS TO BE PART OF THE FARM. WE THINK THERE IS NO WAY TO PASS AN OTHERWISE. WE CAN'T GET OF THIS WAR ON CAPITOL HILL TO DO THAT SO I DON'T THINK THAT'S REALLY AN ISSUE FOR US AND I THINK THAT THAT'S SOMETHING THAT'S VERY SIGNIFICANT, VERY IMPORTANT. WHAT WE ARE LOOKING FOR IS WE'RE LOOKING FOR COMMON GROUND WE'RE LOOKING FOR THE FACT WE WANT TO MAKE SURE THAT WE CAN GET THE BILL PASSED. AND GET A PASS IN A TIMELY MANNER. THAT'S CRITICAL. I THINK THE THE WHOLE ISSUE OF THE CROP INSURANCE IS SOMETHING THAT WE'RE LOOKING AT. WE'RE LOOKING AT A NEW   SYSTEM IN THIS FARM BILL THAT WE'RE LOOKING AT FOR THOSE OF YOU THAT ARE FAMILIAR WITH IT, IT CAN BE EXTREMELY COMPLEX. AND WITH COMMODITY PRICES DOWN OVER  THE LAST TWO OR THREE YEARS, WE ARE LITERALLY LOOKING AT A HUGE TRANSITION AND CROP INSURANCE ISSUES AS WE GO FORWARD. AND I THINK WERE REALLY GOING AT THE VISIT THAT AGAIN IN THE NEXT FARM BILL.

CROP COMMENTS
CROP COMMENTS IS POWERED BY RESICOREHERBICIDE FOR CORN, FROM DOW AGROSCIENCES. FARMERS ARE NEARING THE END OF HARVEST ON SOME OPERATIONS. MIKE HOFFMAN HAS A LOOK AT CROP CONDITIONS. GOOD MORNING, CLINTON. LET'S START OF IN THE LOWER NORTHWEST CORNER OF IOWA. PRESTON YOUNGREN IS ON THE HOMESTRETCH OF HARVEST WITH ABOUT A WEEK LEFT OF CORN TO CUT. HE SAYS SOYBEAN YIELDS ARE THE BEST THEY'VE EVER BEEN. CORN YIELDS ARE COMPARABLE TO LAST YEAR'S YIELDS-WHICH WERE ALSO VERY HIGH. OVER IN BLACKWATER, MISSOURI, MATT IVY SAYS HARVEST IS ALSO WRAPPING UP IN THE AREA. HE SAYS CORN NEARLY 100 PERCENT COMPLETE WITH WELL ABOVE AVERAGE YIELDS. SOYBEANS ARE AVERAGING ABOUT 15 BUSHELS PER ACRE BETTER THAN THE YEARLY AVERAGE. AD LIBAND NOW HERE ARE SOME HOMETOWN TEMPS.

TEASE
WHEN WE COME BACK WE'LL LOOK AT DAIRY MARKETS WITH ANALYST MIKE NORTH AND WHAT HE SEES IN THE FINAL QUARTER OF THE YEAR. AND COME SEE HOW A TENNESSEE FARM IS BOOSTING IT'S FINANCES BY SHARING ITS STORY WITH CONSUMERS THIS HARVEST SEASON.

AGRIBUSINESS
MIKE NORTH, OUR GUEST AT THE AGRIBUSINESS DESK TODAY. MIKE, AS WE LOOK AT THE DAIRY MARKET, SEVERAL THINGS REALLY WEIGHING ON THOSE MARKETS. ALTHOUGH WE DID SEE LAST WEEK A LITTLE BUMP, MAYBE. YES, SO WE'VE HAD A NICE LITTLE MOVE IN THE CHEESE MARKET OVER THE COURSE OF THE LAST WEEK AND A HALF. WE TOOK PRICES FROM ABOUT ONE FIFTY TWO UP TO ONE SIXTY-EIGHT IN OUR BLOCK MARKET. BARRELS FOLLOWED A LONG SOMEWHAT BEGRUDGINGLY BUT NONETHELESS THEY WANT HIGHER. THAT TOOK MILK MARKETS UP FOR A  LITTLE BIT BUT THERE REALLY HAVEN'T BOUGHT THE IN AND A LOT OF THAT HAS TO DO WITH THE FACT THAT WE'RE MOVING INTO THE HOLIDAY SEASON. WE'VE GOT TO BE MOVING PRODUCT IF WE'RE GOING TO GET ANYTHING DONE BEFORE THE FALL EATING SEASON REALLY KICKS IN AND WE'VE GOT THIS BIG SUPPLY HANGING OVER OUR HEADS TOGETHER WITH AS USDA POINTED OUT TO US EARLIER LAST WEEK. A TWO POINT ONE PERCENT INCREASE IN MILK PRODUCTION. SO YOU BRING ALL THAT TOGETHER AND THEN ON TOP OF THAT YOU THROW IN A DOLLAR, A U.S. DOLLAR THAT'S THE STRONGEST IT'S BEEN IN EIGHT MONTHS AND SUDDENLY NOW WE'RE NOT ONLY NOT COMPETITIVE BUT WE HAVE REALLY NO PLACE TO MOVE THE PRODUCT. AS WE LOOK AT  FIFTEEN, FIFTEEN AND A HALF, SIXTEEN DOLLAR MARKETS OUT INTO NEXT YEAR, THE MILK MARKET IS REALLY PRESENTING SOME OPPORTUNITIES BECAUSE WE DON'T LOOK VERY FAR BEHIND US. BACK INTO THIS LAST SPRING, YOU FOUND MILK THAT WAS THIRTEEN TWENTY, TWELVE SEVENTY SIX.  ALL OF THOSE REALITIES OF OUR TWENTY  SIXTEEN FIRST HALF AND THEY COULD VERY WELL RETURN IN THE FIRST HALF OF TWENTY SEVENTEEN. LIKE OTHER MARKETS, WHEN YOU SEE MARKETS MOVE UP WHEN YOU SEE UPTICKS, YOU DON'T HAVE TO AGAIN ASK WHY YOU NEED TO BE LOOKING AT THEM AS TO WHAT YOU CAN DO WITH THEM. AND NOW'S A GREAT TIME TO BEGIN SOME SALES IT'S AN OPTION COVERAGE ON THIS GREAT STRATEGIES OUT THERE. GOOD. REAL QUICK, ANY CHANCE OF CLEARING SOME OF THE SURPLUS EITHER ON HERD NUMBERS OR ON PRODUCT? EUROPE IS TAKING A STAND ON THAT THEY'VE PUT TOGETHER A    VOLUNTARY MILK REDUCTION PROGRAM. ESSENTIALLY, YOU COULD SUBMIT A PROPOSAL TO BE PAID THE EQUIVALENT OF SEVEN DOLLARS A HUNDREDWEIGHT ON MILK YOU REDUCE. AND THERE WERE SOME TAKERS ON THERE, ABOUT FIFTY TWO THOUSAND FARMS THAT'S ONE LIVE RIGHT NOW NO LAST FOR ABOUT THREE MONTHS. THE U S REALLY IS IN SEEING ANY OF THAT BETWEEN   ABUNDANT FEED SUPPLIES AND LOW CATTLE PRICES, AND A MEDIOCRE MILK PRICE THE ANSWER'S BEEN MILKED MORE. GIVEN THE FEED, MILK MORE, MILK MORE MILK MORE. AND SO WE'VE CREATED ADDITIONAL   SURPLUSES. ALRIGHT, SOMETHING TO KEEP WATCHING.  ALRIGHT, WE'LL BE BACK WITH MORE AGDAY IN A MOMENT.

WEATHER
WELCOME BACK TO AGDAY WITH  METEOROLOGIST MIKE HOFFMAN. MIKE, I HATE TO SAY IT BUT MORE MORE PLACES STARTING  TO SEE A LITTLE WHITE ON THE MAP. JUST A FEW PLACES. THAT'S RIGHT. KIND OF THE HIGHER ELEVATIONS OF THE NORTHEAST HAVE SEEN IT THIS MORNING AND THAT SYSTEM WILL SLOWLY MOVE AWAY OFF TO THE AT NORTHEAST. HIGH PRESSURE OVER THE MIDDLE OF THE COUNTRY THAT'S WHAT BROUGHT IN THE COLDER AIR EVEN CHILLY HERE IN THE NORTHERN FLORIDA AS WE START THE DAY TODAY. THE NEXT STORM SYSTEM MOVING OUT OF THE ROCKIES AND INTO THE PLAINS STATES GOING TO START THE MOISTEN UP PRETTY GOOD SO WE'RE GOING TO SEE SOME AREAS OF RAIN DEVELOPED FROM A NORTH DAKOTA SOUTHWARD IN THE      PARTS OF IOWA. AS WE HEAD THROUGH THE DAY TODAY, THE  NEXT STORM SYSTEM OUT ON THE WEST COAST REALLY ISN'T MOVING VERY QUICKLY. IT'S KIND OF WAITING ON THE SECONDARY PIECE OF ENERGY TO GET UP INTO IT. AND EVEN THEN IT MAY JUST KIND OF SIT THERE FOR A LITTLE WHILE. HEADING THROUGH TONIGHT, YOU WILL SEE WIDESPREAD AREAS OF RAIN AND MOVING ACROSS WISCONSIN, NORTHERN ILLINOIS AND THE WESTERN PORTIONS OF MICHIGAN. STORM SYSTEM IN THE NORTHEAST CONTINUES TO MOVE AWAY THERE AND HEADING THROUGH THE DAY TOMORROW, RAIN WILL BE BY BOMBARDING PARTS OF A WASHINGTON AND OREGON. ALTHOUGH, I DON'T SEE A LASTING REAL LONG IN THOSE AREAS ARE GIVING ANY HUGE AMOUNTS THAT TERM BOY THIS RAIN OVER THE UPPER MIDWEST AND INTO THE GREAT LAKES EVEN THUNDERSTORMS DEVELOPING ACROSS THE PLAINS STATES, THAT WILL BE SOME DECENT RAINS IN PLACES. SO LET'S CHECK THAT OUT. THERE IS A PRECIPITATION ESTIMATES OVER THE PAST TWENTY FOUR HOURS, NONE ALL IN CALIFORNIA SOUTHWEST OREGON IS ALREADY SEEN SOME AND OVER THE NEXT THIRTY SIX HOURS, YOU'LL SEE THAT RAIN BREAK OUT ACROSS THE UPPER MIDWEST WITH SOME AREAS GETTING ONE TO TWO INCHES. FROM MINNESOTA INTO A PART OF THE UPPER MISSISSIPPI RIVER VALLEY AND INTO THE WESTERN GREAT LAKES, OVER THE NEXT THIRTY SIX HOURS, HIGHER AMOUNTS OBVIOUSLY IS A TYPICAL OUT WEST TO BE RIGHT ALONG THE COASTLINEFOR WASHINGTON AND OREGON. SNOWFALL ESTIMATES MAINLY HIGHER ELEVATIONS IN THE ROCKIES BUT WE'RE GOING TO ADD A LITTLE BIT TO A NORTHERN PORTIONS OF NEW ENGLAND.OVER THE NEXT TWELVE TO TWENTY FOUR HOURS OR SO ON IN THAT AREA KIND OF MOVES AWAY AS AS WELL. HIGH TEMPERATURES THIS AFTERNOON, ONLY IN THE FORTIES THE NORTHERN GREAT LAKES, INTO THE UPPER PORTIONS OF NEW ENGLAND. BUT STILL SEVENTIES AN EIGHTIES, CENTRAL PLAIN SOUTHWARD TO THE GOLF COAST. LOW TEMPERATURES TONIGHT GOING TO DROP OFF PRETTY GOOD IN NEW ENGLAND WITH LOTS OF PLACES SEEING FROST AND MAYBE EVEN A LIGHT FREEZE IN SOME AREAS BUT FIFTIES FOR LOWS FROM IOWA ALL THE WAY TO THE GULF COAST WITH SIXTIES THEY'RE PRETTY MILD FOR THIS TIME OF THE YEAR. AND HIGH TEMPERATURES TOMORROW AFTERNOON AND MORE THE SAME, LOTS OF THE FORTIES IN THE NORTHEAST FIFTIES NORTHWEST AND SEVENTIES AND EIGHTIES CENTRAL PLAINS SOUTHWARD. THAT'S ALL BECAUSE OF THAT RIDGE OVER THE MIDDLE OF THE COUNTRY. BUT THEN YOU HAVE A TROUGH IN THE NORTHEAST, TROUGH OFF THE WEST COAST, AS WE HEAD THROUGH THIS WEEK WILL SEE ANOTHER TROUGH DIGGING THROUGH THE GREAT LAKES OVER THE WEEKEND. BUT THE RIDGE KIND OF HOLDS ITS GROUND FOR MUCH OF THE NEXT WEEK BEFORE GOING A LITTLE MORE ZONAL AS WE HEAD INTO NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY, NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL, FOR STERLING, COLORADO, VARIABLY CLOUDY IN A RATHER ARM TODAY. HIGH TEMPERATURE OF  SEVENTY EIGHT. TUPELO, MISSISSIPPI, LOTS OF SUNSHINE, PLEASANTLY WARM. HIGH OF EIGHTY THREE. AND ANNAPOLIS, MARYLAND, PARTLY TO MOSTLY SUNNY COOL AND BREEZY. HIGH AROUND FIFTY EIGHT.

TEASE
WE'RE CONTINUING OUR DISCUSSION ON DAIRY AND MILK PRODUCTION JUST AFTER THE BREAK.. AND LATER WE'LL WANDER THROUGH THE CORN MAIZE AND PUMPKIN PATCHES OF TENNESSEE AS FARMS GEAR UP FOR THE AGRI-TOUISM FLOOD THIS FALL.

DAIRY REPORT
IN THE DAIRY REPORT, MILK PRODUCTION CONTINUES TO GROW. PRODUCTION IN THE U.S. JULY THROUGH SEPTEMBER TOTALING 52-POINT-6 BILLION POUNDS, UP 1-POINT-7 PERCENT  FROM THE SAME THREE MONTHS LAST YEAR. KANSAS HAD THE GREATEST INCREASE YEAR-TO-YEAR. PRODUCTION CLIMBING 268 MILLION POUNDS IN SEPTEMBER, UP 6-POINT-3 PERCENT FROM THE SAME MONTH LAST YEAR. CALIFORNIA CONTINUES TO LEAD IN TOTAL PRODUCTION AT MORE THAN 3-BILLION POUNDS. DESPITE THAT, SOME PRODUCERS FEEL LONGER TERM, CALIFORNIA COULD FIND ITSELF LOW ON MILK.MILK PRODUCTION IN THE UNITED STATES DURING THE JULY -SEPTEMBER QUARTER TOTALED 52.6 BILLION POUNDS, UP 1.7 PERCENT FROM THE SAME THREE MONTHS LAST YEAR. CALIFORNIA CONTINUES TO HAVE THE HIGHEST TOTAL PRODUCTION WITH ABOUT 3.17 BILLION POUNDS, DESPITE BEING ONE OF JUST SEVEN STATES WITH LOWER ANNUAL OUTPUT. KANSAS HAD THE GREATEST INCREASE IN YEAR-TO-YEAR PRODUCTION AS THAT STATE PRODUCED 268 MILLION POUNDS OF MILK IN SEPTEMBER, UP 6.3 PERCENT FROM THE SAME MONTH LAST YEAR. THE AVERAGE NUMBER OF MILK COWS IN THE UNITED STATES DURING   THE QUARTER WAS 9.34 MILLION HEAD, 9,000 HEAD MORE THAN THE APRIL - JUNE QUARTER, AND 21,000 HEAD MORE THAN THE SAME PERIOD LAST YEAR. OUR BASIS IN CALIFORNIA IS MUCH LARGER IN THE MIDWEST BECUASE WE HAVE TO HAUL ALL OF THAT GRAIN OUT HERE. THAT'S NOT CHEAP. WE PAY MORE FOR FEED AND WE GET LESS FOR MILK HISTORICALLY. THERE ARE SOME WHO HAVE MOVED OUT, THERE IS MORE INVESTMENT IN OTHER STATES INSTEAD OF MOVING FACILITIES TO OTHER STATES. <"I THINK WE'RE GOING TO TURN THE CORNER HERE SOON IN CALIFORNIA TO WHERE WE'RE GOING TO BE SHORT ON MILK. THERE ARE A LOT OF DAIRIES WHO HAVE GONE OUT. YES, CONSOLIDATION, A LOT OF THEM GOT OUT AND PLANTED ALMOND TREES OR GOT OUT OF THE BUSINESS ALTOGETHER. 47 IF THEY DON'T HAVE SOMEONE ELSE FROM THE NEXT GENERATION COMING OUT, A LOT OF THOSE OLDER GUYS ARE SAYING, 'THAT'S GOOD. I'M DONE,"> HE SAYS PRODUCERS ARE BUILDING ADDITIONAL DAIRIES AND INVESTING IN MIDWESTERN STATES MORESO THAN MOVING ACTUAL CALIFORNIA DAIRIES. DAIRY COW CULLING WAS UP IN SEPTEMBER, FROM THE PREVIOUS MONTH, BUT JUST BARELY. 500 MORE COWS WENT TO SLAUGHTER COMPARED TO AUGUST. THAT'S PARTLY BECAUSE OF MORE SLAUGHTER DAYS. YEAR-TO-DATE, CULLING IS RUNNING ABOUT 20,000 HEAD LESS THAN LAST YEAR. <"TYPICALLY SLAUGHTER PICKS UP IN THE Q4 AND WE HAVEN'T SEEN THAT IN THE A BIG WAY, AT LEAST NOT TO DATE. ( IT'S PROBABLY 2 PERCENT MORE THAN A YEAR AGO-TAKE THIS PART OUT). START HERE: THE PROBLEM IS THERE IS MILK PRICES RALLIED IN MAY, JUNE, JULY AND AUGUST, AND THERE WASN'T A STRONG URGENCY SLAUGHTER COWS. THAT WILL PICK UP NOW THAT MILK PRICES HAVE SLIPPED THROUGH SEPTEMBER. IN TURN, THAT SHOULD HELP STABILIZE MILK PRICES,"> POPULAR ICE CREAM MAKER, WELL ENTERPRISES, WHICH MAKES BLUE BUNNY ICE CREAM IS PLANNING A PLANT EXPANSION IN LE MARS, IOWA. THE 40-POINT-5 MILLION DOLLAR EXPANSION IS A 6-THOUSAND SQUARE FOOT ADDITION WHICH WILL CREATE ROUGHLY 81 JOBS. IT'S ASKING THE STATE FOR TAX BREAKS TO HELP WITH FINANCINGTHE PROJECT.

TEASE
THOSE APPLE ORCHARDS AND PUMPKIN PATCHES CAN BRING IN A LOT OF EXTRA CASH. A CLOSER LOOK AT AGRITOURISMNEXT IN THE COUNTRY.

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 KUBOTADEALER.  FALL MEANS THE CROWDS ARE COMING.40,000 VISITORS EXPECTED BETWEEN LABOR DAY AND HALLOWEEN AT LUCKY LADD FARMS IN EAGLEVILLE, WHERE THEY'RE GETTING READY - ALL SO PEOPLE CAN DO THIS. (SLIDE) LUCKY LADD IS TENNESSEE AGRITOURISM AT ITS BEST, TAKING A WORKING FARM AND TURNING IT INTO A FAMILY DESTINATION WITH 75 DIFFERENT ACTIVITIES."ESPECIALLY AT OUR FARM, WE ENCOURAGE YOU TO BE A KID AGAIN. WE TRY TO MAKE OUR ATTRACTIONS KID FRIENDLY NO MATTER YOUR AGE OR SIZE. SO WE GIVE PEOPLE THE OPPORTUNITY TO SORT OF ESCAPE CITY LIFE, DISCONNECT AND UNPLUG." WHEN AMY LADD AND HER HUSBAND BOUGHT THIS PROPERTY EIGHT YEARS AGO, THERE WAS A HOUSE AND AN OLD BARN, AND SINCE THEN THEY'VE ADDED EVERYTHING YOU SEE HERE.THE ANIMALS ARE THE MOST POPULAR ATTRACTION, MORE THAN 120 PLAYFUL PETS - TENNESSEE'S LARGEST PETTING FARM.YOU CAN ALSO LEARN INFORMATION ABOUT THE ANIMALS AND AGRICULTURE. "OUR BIGGEST PUSH HERE IS EDUCATION. I THINK MOST FAMILIES ARE THREE OR FOUR GENERATIONS REMOVED FROM THE FARM. I MYSELF, COME FROM ONE OF THOSE GENERATIONS. SO I THINK IT'S IMPORTANT TO RECONNECT EVERYBODY AND LET THEM UNDERSTAND WHERE THEIR FOOD AND CLOTHING COMES FROM AND HOW AGRICULTURE IMPACTS THEIR FAMILIES EVERY DAY." "AGRITOURISM HAS AN ENORMOUS ECONOMIC IMPACT STATEWIDE. MORE THAN 1.7 PEOPLE MILLION VISITED A TENNESSEE AGRITOURISM OPERATION LAST YEAR, AND ON AVERAGE, EACH PERSON SPENT MORE THAN $20."AGRITOURISM IS ALL ABOUT THE EXPERIENCE."LEFFEW SAYS HER DEPARTMENT HELPS THESE BUSINESSES GET STARTED, MAINTAIN AND MARKET – ANSWERS TO IMPORTANT QUESTIONS. "WHAT IS IT GOING TO COST TO GET INTO BUSINESS? WHAT MIGHT BE THE POTENTIAL RETURN FROM A BUSINESS? AND HOW TO REACH THOSE CUSTOMERS. MARKETING IS A HUGE KEY." LIKE A ROW CROP OPERATION, AGRITOURISM FARMS REQUIRE YEAR 'ROUND PLANNING.NOW FOR MANY, OCTOBER IS THEIR PEAK SEASON.AND FALL IS A GREAT TIME TO CREATE SOME MEMORIES WITH A VISIT.THIS IS CHARLES DENNEY REPORTING.THANKS CHARLES.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN. FOR MIKE HOFFMAN, AND ALL OF US AT AGDAY, I'M CLINTON GRIFFITHS.

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