AgDay Daily Recap - September 7, 2017

September 7, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
SEPTEMBER 7, 2017


HEADLINES
WHILE ONE HURRICANE THREATENS---VICTIMS OF ANOTHER SEE HELP FROM  CONGRESS. JUST HOW HEALTHY IS THE AG ECONOMY? IN AGRIBUSINESS...CAN SOYBEANS BOUNCE? FEEDER MARGINS HAVE BEEN GOOD BUT CAN THEY HOLD? AND HELP FOR FOLKS LOOKING TO QUIT SMOKING MAY HELP PEOPLE FIGHTING A  CHRONIC LUNG DISEASE. AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

HARVEY AFTERMATH
GOOD MORNING I'M CLINTON GRIFFITHS. WHILE THE SOUTHEAST UNITED STATES PREPARES FOR THE ONSLAUGHT OF HURRICANE IRMA, CONGRESS TAKES  ACTION TO PROVIDE DISASTER AID TO VICTIMS OF HURRICANE HARVEY... ALL  WHILE TRYING TO STRIKE A DEAL TO LIFT THE NATION'S BORROWING LIMIT FOR  THREE MONTHS. THE HOUSE OVERWHELMINGLY PASSING EIGHT BILLION DOLLARS IN HURRICANE  HARVEY DISASTER RELIEF. THE 419-TO-THREE VOTE SENT THE AID PACKAGE - LIKELY THE FIRST OF SEVERAL  - TO THE SENATE IN HOPES OF SENDING THE BILL TO PRESIDENT DONALD TRUMP  BEFORE DWINDLING FEDERAL DISASTER RESERVES RUN OUT AT THE END OF  THIS WEEK. THIS AID IS INTENDED TO REPLENISH FEMA'S COFFERS - DRAINED QUICKLY BY  HARVEY - JUST AS HURRICANE IRMA BARRELS ACROSS THE CARIBBEAN AND  THREATENS FLORIDA. THE NATIONAL HURRICANE CENTER SAYS IRMA IS THE MOST POWERFUL STORM  EVER RECORDED IN THE ATLANTIC OCEAN WITH WIND SPEEDS HOVERING NEAR  185 MILES AN HOUR. THIS IS WEBCAM FOOTAGE AS THE STORM TORE ACROSS THE ISLAND OF SAINT  MAARTEN. THE STORM IS 200 MILES ACROSS - BIGGER THAN THE STATE FLORIDA. IRMA HAS LEFT A PATH OF DESTRUCTION ON TINY ISLANDS THAT WERE IN HER  UNFORTUNATE PATH. DAMAGE ESTIMATES CONTINUE TO POUR IN FROM TEXAS AND LOUISIANA - STILL  RECOVERING FROM HARVEY.

CROPS AFTER HARVEY
FOCUSING ON CROPS - THE OVERALL TEXAS COTTON CROP ACTUALLY IMPROVED  FROM A WEEK AGO. NOW 59-PERCENT IS GOOD TO EXCELLENT.  THE STATE  "NASS" OFFICE SAYS THE MAJORITY OF THE CROP WAS OUTSIDE THE STORM'S  PATH AND RECEIVED LITTLE RAIN TO DO DAMAGE. HOWEVER THERE ARE  ESTIMATES OF 400-THOUSAND ACRES OF LOST COTTON FROM THE SOUTHEAST  COUNTIES. MEANWHILE SEVERAL LOUISIANA CROPS SUSTAINED SERIOUS DAMAGE FROM  THE HGISTORIC STORM. THE STATE "NASS" REPORT SHOWS THE STATE'S COTTON CROP LOST 14 POINTS  IN QUALITY.  NOW 49-PERCENT IS GOOD TO EXCELLENT. IT'S UNFORTUNATE TIMING AS NEARLY THREE-QUARTERS OF THE COTTON CROP  HAD OPEN BOLLS. AND THE STATE'S SOYBEAN CROP ALSO LOST 14 POINTS. 56-PERCENT IS RATED  GOOD TO EXCELLENT. ABOUT HALF OF THE CROP WAS NEARLY READY FOR  HARVEST,

BEAUMONT MILK PROCESSING PLANT
A MILK PROCESSING PLANT IN BEAUMONT, TEXAS IS BOTTLING WATER INSTEAD  OF MILK TO HELP RESIDENTS COPE WITH WATER OUTAGE CAUSED BY HARVEY. CARS LINED UP FOR A MILE FOR ONE CASE OF BOTTLED WATER.  HARVEY KNOCKED OUT THE CITY'S WATER PLANT. THE MILK PROCESSING PLANT - OWNED BY KROGER SUPERMARKETS - SHUT  DOWN AND BOTTLED WATER IN MILK JUGS FOR DISTRIBUTION AT A LOCAL STORE.  "I COULDN'T TELL YOU EXACTLY HOW MANY CUSTOMERS BUT YOU KNOW THERE WAS A LONG LINE ACROSS  THE FRONT OF THE STORE HERE WITH INDIVIDUALS PARTICIPATING.''> "IT'S NOT A GOOD SITUATION. WE'VE BEEN IN LINE EVERYDAY AT ALL THE DIFFERENT STORES BUYING WATER  BECAUSE WE UNFORTUNATELY AREN'T IN LINE IN TIME TO GET THE FREE WATER, SO WE'LL BE HAPPY TO PAY  FOR IT. BUT IT'S REALLY HARD. WE HAVE TO RATION IT AT THE HOUSE. THERE'S FIVE OF US AT THE HOUSE  WITH THREE DOGS. WE'VE GOT A POOL SO WE'RE GETTING THE WATER OUT OF THE POOL TO FLUSH TOILETS  AND USING THE BOTTLED WATER FOR COOKING AND FOR WASHING HANDS AND FOR DRINKING. SO IT'S REALLY  HARD.''

NAFTA TALKS ROUND TWO
THE SECOND ROUND OF TALKS ON RENEGOTIATING THE NORTH AMERICAN FREE  TRADE AGREEMENT  ENDED TUESDAY. AND MOST OF THE DIFFERENCES  BETWEEN THE THREE COUNTRIES SEEM TO STEM FROM "DISPUTE RESOLUTION". THE HEAD NEGOTIATORS FOR ALL THREE COUNTRIES AT THE TALKS IN MEXICO  CITY SAID PROGRESS HAD BEEN MADE DURING THE FIVE DAYS OF TALKS. BUT  THERE WERE ABOUT TWO DOZEN CHAPTERS OF THE TRADE DEAL THAT WERE  TABLED FOR LATER DISCUSSION. ONE CONTENTIOUS AREA IN PARTICULAR IS THE SO-CALLED CHAPTER 19  PROVISIONS WHICH ACCOUNTS FOR DISPUTE RESOLUTIONS.

HEALTH OF THE AG ECONOMY
ON TUESDAY PURDUE AND THE CME GROUP RELEASED THEIR MONTHLY PULSE  OF FARMER SENTIMENT REGARDING THE AG ECONOMY. A READING OVER 100 INDICATES OPTIMISM REGARDING THE FARM ECONOMY,  WHILE A READING BELOW INDICATES PESSIMISM.  IN AUGUST-- THE BAROMETER DRIFTED LOWER TO 132, DOWN SEVEN POINTS  FROM JULY, BUT STILL STRONGER THAN THE YEAR AGO LEVEL OF 96.  MUCH OF THAT DROP DUE TO COMMODITY PRICES CONTINUING TO DRIFT LOWER IN 2017.  "THESE ARE NOT SAYING THAT THINGS ARE OVERALL GOOD TIMES IN THE AG ECONOMY THERE'S STILL A LOT  OF CONCERN FOR THE 10 PRODUCERS THINK THAT THERE ARE REPORTS OF THEIR OPERATION IS WORSE OFF  TODAY THAN A YEAR AGO. SO THIS UNDERSCORES A DIFFICULT TIME OUT THERE BUT WE HAVEN'T SEEN.  WE'VE SEEN SOME IMPROVEMENT AND SOME MODERATION IN THE LAST 12 MONTHS AND WE'VE SEEN  AN UPTICK IN SENTIMENT AS A RESULT." FARMER SENTIMENT IS ONE THING...REALITY CAN BE DIFFERENT. NOW TWO THIRDS OF THE WAY INTO 2017, HOW HEALTHY IS THE FARM ECONOMY. TYNE MORGAN JOINS US NOW FROM OMAHA WITH SOME POTENTIAL ANSWERS  TO THAT QUESTION. TYEN. THANKS CLINTON YEAH HERE WITH NATHAN KAUFMAN HE'S THE EXECUTIVE OF THE OMAHA BRANCH OF  THE KC FED. YESTERDAY WE SAW THE CME PURDUE BAROMETER THAT CAME OUT SHOWED PRODUCERS  SENTIMENTS DROPPED SHARPLY FROM A COUPLE OF MONTHS AGO BUT STILL RELATIVELY HIGHER THAN WE  WERE A YEAR AGO. SO NATHAN I MEAN WHEN WE LOOK AT THIS FOREIGN FINANCIAL PICTURE ARE WE  REALLY THAT MUCH BETTER THAN WE WERE A YEAR AGO AT THIS TIME. I THINK THE IMPORTANT THING TO  NOTE IS THAT FARMERS SENTIMENT DOES TEND TO EB AND FLOW WITH WHAT WE'VE SEEN IN COMMODITY  PRICES AND AS WE LOOK AT AGRICULTURAL COMMODITY PRICES 2015 2016 WAS DIFFICULT IN THE  LIVESTOCK SECTOR. WE SAW A LITTLE BIT OF A REBOUND IN EARLY 2017 AND HERE A COUPLE OF MONTHS  AGO WE HAD BEEN SEEING CROP PRICES THAT WERE HIGHER THAN WHERE WE ARE TODAY. SO WHEN WE  TRY TO GET A SENSE OF WHERE THINGS MIGHT BE IN TERMS OF THE FINANCIAL PICTURE AND AGRICULTURE  TODAY RELATIVE TO A COUPLE OF MONTHS AGO OR RELATIVE TO LAST YEAR WE HAVE TO KEEP THAT IN MIND  SIMPLY THE FACT THAT WE HAVE SEEN SOME REBOUND IN LIVESTOCK PRICES CROP PRICES HAD MAYBE  RISEN A BIT COMING INTO THE SUMMER OR COMING INTO THE GROWING SEASON. BUT NOW AN  EXPECTATION THAT WE'VE GOT A LARGE HARVEST THEY'VE FALLEN A BIT. SO I THINK EVEN THOUGH WE'RE  SEEING SOME DETERIORATION HERE IN THE LAST COUPLE OF MONTHS IT'S STILL A RECOGNITION THAT MAYBE  CASH FLOW IS BETTER THAN WHERE IT HAD BEEN A YEAR AGO. BUT LOOKING SOME OF THESE INDICATORS I  MEAN WHEN YOU LOOK AT DELINQUENCY RATES LIQUIDITY YOU KNOW SOME OF THOSE INDICATORS ON THE  FARM. HOW DOES THE FOREIGN FINANCIAL PICTURE LOOK RIGHT NOW. I THINK WE HAVE SEEN  DELINQUENCY RATES STILL PICK UP FROM A YEAR AGO BUT FROM A VERY VERY LOW LEVEL AND THEY'RE STILL  HISTORICALLY LOW. SO WE'RE STILL SEEING SOME FINANCIAL STRESS AND SOME PRODUCERS MAY BE IN  MORE TROUBLE THAN OTHERS. BUT WE ARE STARTING TO SEE THINGS MAYBE STABILIZE A BIT RELATIVE TO  LAST YEAR. AND I KNOW YOU COVER SEVEN DIFFERENT STATES. A WIDE GEOGRAPHY WHEN YOU LOOK AT  NEBRASKA AND OKLAHOMA I MEAN YOU COVER A WIDE AREA OVERALL WITH WAYNE VALUES DO YOU  THINK WE'VE PUT A BOTTOM IN. WE ARE ALSO SEEING I THINK SOME STABILITY IN THOSE MARKETS.  WE'VE BEEN SEEING LAND VALUES FALL BY ABOUT 5 TO 7 PERCENT YEAR OVER YEAR. THEY'RE HIGHLY  REGIONAL THOUGH. SO I THINK WE COULD STILL SEE SOME PRESSURE GOING DOWN FURTHER BUT IN SOME  AREAS WE MAY NOT SEE LAND VALUES FALL FURTHER FROM TODAY. ALL RIGHT THANKS SO MUCH NATHAN  KAUFMAN WITH THE KC FED. THEY RELEASED AN AG REPORT WHICH WILL FOLLOW TO LOOK AND SEE HOW  THE CURRENT FINANCIAL PICTURE HEADS INTO THE FALL MONTHS REPORTING FROM OMAHA NEBRASKA I'M  TYNE MORGAN FOR AGDAY.

CROP COMMENTS
MIKE HOFFMAN JOINS US NOW WITH A LOOK AT CROP COMMENTS. MIKE  GOOD MORNING CLINTON.  DAVE OGDEN IN WOOD RIVER, NEBRASKA SENDING US AN AERIAL PHOTO. HE  SAYS CORN DOESN'T LOOK PERFECT FROM THE AIR. HE SAYS T HERE IS SOME  WIND DAMAGE IN THE FIELD.  USDA SAYS 63 PERCENT OF THE STATE'S CORN CONDITION IS RANKED GOOD TO  EXCELLENT.  AND RON TREMEL IN EARLING, IOWA SAYS THE DRY GROWING CONDITIONS ARE  BENEFICIAL FOR HIS GRAPE CROPS. HE SAYS WHILE IT'S HURT SOME OF THE  CORN AND BEANS, THE GRAPE CROP HAS BENEFITTED FORM DECREASED PEST  AND DISEASE PRESSURE. MOST OF HIS VARIETIES ARE AS GOOD AS THEY HAVE  BEEN IN YEARS.  AND NOW HERE ARE SOME HOMETOWN TEMPS.  THIS IS MACHINERY PETE - INVITING YOU TO CHECK OUT MY NEW WEBSITE - MACHINERYPETE.COM - OFFERING FARMERS TENS OF THOUSANDS OF USED EQUIPMENT LISTINGS TO SEARCH.  LET MACHINERY  PETE HELP YOU FIND AND VALUE YOUR NEXT PIECE OF USED EQUIPMENT.

TEASE
STILL TO COME, WE'LL CHECK ON THE BEAN MARKET AND THE POTENTIAL TO SEE  A PRICE POP. WHAT'S THE OUTLOOK FOR CATTLE FEEDERS?  OUR PARTNERS AT DROVERS  ANALYZE, AND LATER, A CHRONIC LUNG DISEASE FINDS NEW HOPE FROM AN OLD  SOLUTION. 

FLOOR OF THE CME
IN AGRIBUSINESS THERE WAS PLENTY OF ACTION IN MARKETS WEDNESDAY. LETS GET DETAILS FROM THE FLOOR OF THE CME IN CHICAGO. TODAY. SOYBEANS WE WERE UP AGAIN. THANK GOODNESS THE FUTURES RALLIED AND THEY REALLY  HAVE SOME BULLISH MOMENTUM AND IT REALLY CONTINUES TO GROW. WE'RE UP AT A RECENT HIGH RIGHT  NOW AND TECHNICALLY SPEAKING WE HAD A LITTLE BIT OF A BREAKOUT ON THE HIGH SIDE. IT IS ENTERING  SOME AREAS OF RESISTANCE BUT THE MARKET STILL LOOKS REALLY GOOD THERE'S A LOT OF OPTIMISM  OPTIMISM ON THE HORIZON EVEN AS WE HEAD INTO HARVEST TIME. HOGS ALSO STEADY. THANK  GOODNESS FOR THAT. YOU KNOW THIS SMALL TRADING RANGE REALLY IS GATHERING THE MARKET AND  HANGING ON TO THE GAINS THAT WE HAD YESTERDAY. SO THAT LOOKS VERY WELL THE MARKET WAS REALLY  OVERSOLD FOR SO LONG. WE EXPECTED THAT THERE WAS GOING TO BE SOME BUYERS COMING IN BUT THE  MARKET IS GRINDING HIGHER AND IT'S REALLY YOU KNOW FOUND ITS FOOTING NOW AND SO WE EXPECT  THAT THE MARKET CONTINUE TO MOVE HIGHER. YOU KNOW BARRING SOME OTHER SITUATION THAT'S ALL  FROM THE FLOOR AT THE CME GROUP I'M VIRGINIA MCGATHEY. 

AGRIBUSINESS
CHIP NELLINGER BLUE REEF AGRIMARKETING OUR GUEST CHIP LET'S TALK ABOUT SOYBEANS AND A  SOYBEAN CROP A LOT OF POTENTIAL FROM WHAT WE'RE HEARING FROM SCOUTS ON THE FIELD. BUT IT'S STILL  JUST PUT POTENTIAL. BUT THE WEATHER'S BEEN HELPING. YEAH. YOU KNOW WHAT. BIG POTENTIAL THERE  AND DEFINITELY SOME RAINS HERE IN AUGUST IN THE AREAS THAT RECEIVED THEM. DEFINITELY GOING TO  BE A BENEFIT. YOU KNOW OUR QUESTION IS THOUGH YOU'RE NOT FINISHING OUT THE BEAN CROP  PROBABLY IN THE BEST MANNER AND THAT MEANS IN OUR MINDS A LOT COOLER THAN AVERAGE  TEMPERATURES HERE FOR THE LAST FEW WEEKS. IT LOOKS LIKE THE FIRST HALF OF SEPTEMBER FORECAST BE  WAY BELOW AVERAGE. THESE BEANS HAVE A LONG WAY TO GO REALLY IMMATURE BEANS ESPECIALLY IN  THE EASTERN CORN BELT. AND I'M NOT SURE THAT THESE COOL TEMPERATURES ARE REALLY WHAT YOU  KNOW THE BEST WAY TO FINISH THE BEAN CROP OUT. SO WE MAY LEAVE A LITTLE POTENTIAL ON THE TABLE. IT'S GOING TO TAKE TO THE COMBINES ROLL THROUGH THEM. BUT YOU KNOW WITH THE WAY THE  DEMAND IS JUST A COUPLE BUSHELS SWINGING ONE WAY OR THE OTHER ON FINAL YIELDS CAN REALLY MEAN THE DIFFERENCE BETWEEN YOU KNOW FAIRLY PRICED BEANS HERE AT NINE NINE AND A QUARTER  OR YOU KNOW MAYBE HALF TO GO BACK ABOVE 10 AND CHALLENGE $11 AGAIN SO TWO BUSHELS ON  THE NATIONAL AVERAGE YIELD MEAN A HUGE AMOUNT. YEAH I GUESS THE OTHER SIDE OF THAT  EQUATION IS THAT THE DEMAND HAS BEEN FAIRLY GOOD FOR SOYBEANS WHICH IS KIND OF HELPING TO  KEEP UP FLOOR UNDER THIS THING. WE TRY TO GET IT FINISHED DEMAND'S PHENOMENAL THE SOUTH  AMERICAN FARMER HAS BEEN A TIGHT HOLDER. YOU KNOW THEY HAD A BIG DROP DOWN THERE. THE  CURRENCY ISSUES HAVE THEM TIGHT HOLDERS THAT SHIFTED DEMAND ARE AWAY. SO WORLD DEMAND IS  JUST MASSIVE RIGHT NOW. AND YOU KNOW THE USDA ON THIS QUITELY EARLY ON THIS LAST AUGUST  REPORT WHAT KIND OF WENT UNNOTICED WAS THEY CUT. OLD CROP CARRY OUT. THEY INCREASED NEW  CROP DEMAND. SO YOU KNOW WHAT WAS THAT 120 SOME MILLION BUSHELS CAME RIGHT OFF THE  BOTTOM LINE BECAUSE DEMAND GOT INCREASED. YEAH WE'LL TAKE IT. WE'LL TAKE IT ANYWHERE WE CAN  GET EXACTLY. ALL RIGHT APPRECIATE IT. WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE.

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY CREDENZ SOYBEAN SEED FROM BAYER. WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN MIKE AS WE LOOK AT THE  WEATHER MAP REALLY EVERYBODY'S WATCHING WHAT'S NOT ON HERE. IT'S STILL SOUTHEAST AND THERE'S  MAD MINUTES OUT ABOUT IT IRMA. IT'LL POP IN HERE BEFORE WE'RE DONE WITH THIS MAP THOUGH BUT  YOU CAN SEE RIGHT NOW THERE'S A COLD FRONT IN THE NORTHERN FLORIDA BUT THAT'S THE LEAST OF  FLORIDA'S WORRIES. BIG STORM IN THE NORTHEAST LITTLE WIND DIVING IN THROUGH THE GREAT LAKES AND  REALLY THAT'S ABOUT IT AS FAR AS MOISTURE IS CONCERNED A LITTLE BIT HIT AND MISS IN THE AFTERNOON  HOURS THIS AFTERNOON IN THE SOUTHWEST WITH THAT LOW PRESSURE SYSTEM STILL SITTING THERE. THERE'S  LATE IN THE DAY TODAY YOU CAN SEE THE SHOWERS CONTINUE AROUND THE GREAT LAKES WITH THAT  SECONDARY SYSTEM THIS IS ANOTHER COOL HIGH PRESSURE AREA MOVING IN AND THAT WILL CONTINUE TO  MOVE AWAY AND IF I STEP AWAY AND SEE OUR COMPUTER MODEL SHOWING IRMO RIGHT THERE STARTING  TO MOVE TOWARD THE NORTHWEST AND STILL ANYBODY'S GUESS EXACTLY WHERE IT GOES. BUT IT LOOKS  LIKE FLORIDA OR EAST OF FLORIDA ARE THE MOST LIKELY SCENARIOS AT THE MOMENT. BUT YOU HAVE TO  PAY CLOSE ATTENTION TO THAT OBVIOUSLY IF YOU LIVE IN THE SOUTHEASTERN PART OF THE COUNTRY  ANYWHERE FROM FLORIDA TO NORTH CAROLINA. PRECIPITATION ESTIMATES PAST 24 HOURS. MOST OF IT'S  BEEN UP AND DOWN THE EAST COAST A FEW SPOTTY AMOUNTS THROUGH THE GREAT LAKES ADDING INTHE NEXT 36 HOURS. YOU SEE WE CONTINUE TO ADD TO THE SAME AREAS WITH A COUPLE OF SPOTS OUT  WEST NOW THAT NEXT COOL FRONT DOES ACTUALLY COME INTO WASHINGTON AND OREGON WITH SOME  SCATTERED SHOWERS FOR A CHANGE. HIGH TEMPERATURES THIS AFTERNOON ONLY 50S AND 60S GREAT  LAKES OHIO VALLEY INTO THE NORTHEAST VERY COOL FOR THIS TIME OF THE YEAR 70S. ALMOST ALL THE  WAY TO THE GULF COAST WHICH IS PRETTY AMAZING. AND AS YOU CAN SEE LOW TEMPERATURES TONIGHT  GOING TO DROP OFF INTO THE 40S AND 50S IN THE GREAT LAKES 50S ALL THE WAY DOWN INTO NORTHERN  MISSISSIPPI NORTHERN ALABAMA AND GEORGIA. PRETTY COOL TEMPERATURES FOR EARLY SEPTEMBER  AND HIGHS TOMORROW AFTERNOON AND IT WILL START TO WARM UP AGAIN IN THE WESTERN PLAINS. BUT  STILL PRETTY COOL IN THE GREAT LAKES AND THE NORTHEAST ALL BECAUSE OF THAT HUGE TROUGH. THIS  WILL BE A COLD BLAST OF AIR IN THE WINTER. LET ME TELL YOU BUT THAT DOES MOVE AWAY RED STARTS TO  BUILD IN THERE IS KIND OF WHAT OUR COMPUTER MODEL DOES WITH IRMA. AND YOU CAN SEE IT DIDN'T  HAVE A TROUGH TO KICK IT OUT. IF IT WAS COMING IN RIGHT NOW WITH THAT BIG TROUGH IT WOULD TAKE IT  OUT TO SEA BUT UNFORTUNATELY THE TIMING ON THAT DIDN'T QUITE WORK OUT. AND SO WE DO HAVE TO  WATCH TERM BECAUSE IT'S PROBABLY GOING TO HIT SOMEWHERE IN THE SOUTHEASTERN PART OF THE  COUNTRY. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST  OF ALL SPRINGERVILLE ARIZONA PARTLY SUNNY AND QUITE COMFORTABLE TODAY. HIGH TEMPERATURE OF 80  DEGREES. ROCHESTER MINNESOTA A MIXTURE OF SUNSHINE AND CLOUDS ON THE MILD SIDE HIGH OF 71  AND SAVANNAH GEORGIA PARTLY SUNNY AND LESS HUMID TODAY HIGH AROUND 83. 

TEASE
DROVERS TV AND FRESH FEEDER MARGIN PROJECTIONS ARE COMING UP NEXT. AND LATER, DOCTORS DISCOVER A NEW USE FOR AN OLD TREATMENT.

DROVERS TV
ON DROVERS TV, IN THE FIRST EIGHT MONTHS OF 2017, CATTLE FEEDERS HAVE  SEEN IMPROVED PROFITS. STERLING MARKETING TELLING THE TEAM AT DROVERS THAT DURING THAT TIME,  FEEDERS HAVE MADE NEARLY 6 BILLION DOLLARS. THE POSITIVE NUMBERS STARTED AFTER THANKSGIVING AND ROSE STEADILY  UNTIL MAY WHEN PER HEAD PROFITS CLIMBED TO NEARLY 600 DOLLARS. "CATTLE FEEDING MARGINS WILL END THE YEAR WITH AN ANNUAL AVERAGE PROFIT OF ABOUT $180 PER  HEAD. THAT COMPARES TO AVERAGE ANNUAL LOSSES OF ABOUT $4 PER HEAD IN 2016, AND LOSSES OF  ABOUT $110 PER HEAD IN 2015. BEEF PACKERS HAVE ALSO ENJOYED SEVERAL MONTHS OF EXCELLENT PROFITS. " HENDERSON SAYS, OVER THE SAME 40-WEEK PERIOD--BEEF PACKER PROFIT  MARGINS TOTALED $2.3 BILLION DOLLARS, WHICH IS NEARLY DOUBLE THE SAME  PERIOD A YEAR AGO. HE SAYS HOWEVER, LARGER SUPPLIES AND DECLINING WHOLESALE BEEF  PRICES ARE DRIVING CASH CATTLE LOWER IN RECENT WEEKS. FEEDERS MAY HAVE A FIGHT TO STAY IN THE BLACK. FOR THE FIRST TIME IN 42 WEEKS, AVERAGE CATTLE FEEDING MARGINS LOOK TO  BE NEGATIVE. IN THE SOUTHERN PLAINS WINTER WHEAT IS ALREADY GOING IN THANKS TO  IMPROVED SOIL MOISTURE IN MANY PLACES. IN OKLAHOMA STATE SPECIALISTS SAY EARLY PLANTING COULD ADD EXTRA TIME  TO WINTER GRAZING. "WELL BECAUSE OF THIS EARLY START AND NOT ONLY THE WHEAT CAN GET STARTED EARLY BUT OTHER  FORAGES ARE GREEN AND GROWING RIGHT NOW THAT'S NOT REALLY USUAL FOR US SO IT'S POSSIBLE TO THINK ABOUT EARLY GRAZING THIS FALL USING MAYBE A COMBINATION OF PASTURES AND THEN THE WHEAT  PASTURE COMING ON EARLY TO GET UP YOU KNOW UPWARDS OF 30 DAYS OR MAYBE EVEN MORE ON  THE FRONT END OF OUR NORMAL WINTER GRAZING PERIOD. PEEL SAYS DUE TO CURRENT WHEAT PRICES, MANY PRODUCERS ARE ALREADY  CONSIDERING GRAZING OUT THESE FIELDS RATHER THAN HARVESTING IT FOR  GRAIN. COMBINED WITH THE EARLY START, THAT COULD PROVIDE AN EXTRA 100 DAYS OF  GRAZING TIME FOR PRODUCERS RUNNING STOCKERS.  NICOTINE PATCHES MAY HELP YOU QUIT SMOKING, BUT DOCTORS MAY HAVE  FOUND A NEW USE FOR THEM TO TREAT AN INCURABLE DISEASE. DETAILS  COMING UP IN AG FOR YOUR HEALTH. JOIN US ON THE US FARM REPORT FACEBOOK PAGE FRIDAY, SEPTEMBER 8 AT 10AM CENTRAL  TIME FOR "FOLIAR HEALTH FOCUS." WE WILL HAVE EXPERTS LIVE IN THE FIELD DISCUSSING PROACTIVE  DISEASE CONTROL STRATEGIES THAT WORKED THIS YEAR AND WAYS TO BOOST YOUR YIELD IN 2018.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  DISCOVER THE POWER BEHIND THE M6 SERIES AT  KUBOTA.COM. SMOKERS OFTEN TURN TO NICOTINE PATCHES TO HELP THEM QUIT. BUT  RESEARCHERS MAY HAVE FOUND ANOTHER USE FOR THOSE PATCHES THAT  COULD GIVE RELIEF TO PATIENTS WITH A CHRONIC LUNG DISEASE. CLARK  POWELL HAS DETAILS IN THIS REPORT PROVIDED BY THE OHIO STATE'S WEXNER  MEDICAL CENTER. AFTER FALLING ON SOME ICE, JOSE SERRA HAD A CAT SCAN TO ASSESS HIS  INJURIES. AND HIS DOCTOR NOTICED A SPOT ON HIS LUNG THAT HE WAS  WORRIED COULD BE CANCER. "THE RESULT WAS THAT IT WAS NO CANCER, GOOD NEWS. THE  OTHER NEWS WAS IT'S SARCOIDOSIS, WAS THE FINAL DIAGNOSIS." :SARCOIDOSIS (SAR-COY-DOE-SIS)  IS A GROWTH OF INFLAMMATORY CELLS, MOST LIKELY TRIGGERED BY INHALING  THINGS LIKE PESTICIDES. LEFT UNTREATED, IT CAN CAUSE SEVERE LUNG  DAMAGE AND EVEN DEATH. UNLIKE MOST LUNG DISEASES, THE MAIN SYMPTOM  ISN'T SHORTNESS OF BREATH, BUT CRIPPLING FATIGUE. JOSE SAYS HE WAS  DRINKING THREE ENERGY DRINKS JUST TO MAKE IT THROUGH THE DAY. HIS  DOCTOR PRESCRIBED A STEROID, BUT THE EFFECTS WERE HARSHER THAN THE  DISEASE ITSELF.  "WE CAN'T USE THEM FOR VERY LONG BEFORE THESE SIDE EFFECTS OCCUR. AND  THEY CAN BE VERY SEVERE, SUCH AS THE DEVELOPMENT OF DIABETES OR HIGH BLOOD PRESSURE AND  COMPLICATIONS RELATED TO THOSE, OSTEOPOROSIS, CATARACTS, ETCETERA." SO DOCTOR ELLIOTT  CROUSER IS CONDUCTING A CLINICAL TRIAL AT THE OHIO STATE UNIVERSITY  WEXNER MEDICAL CENTER TO TEST NICOTINE PATCHES – NORMALLY USED TO  HELP PEOPLE QUIT SMOKING – AS A TREATMENT FOR SARCOIDOSIS. "WE'RE HOPING  THAT PEOPLE WILL ACTUALLY GET A SECONDARY BENEFIT, NOT ONLY WILL THEIR LUNG DISEASE GET BETTER,  BUT THEY'LL ALSO FEEL MORE ENERGIZED AND BE ABLE TO GET UP AND GO." :10 RESULTS FROM  THE INITIAL STUDY WERE PROMISING, SO DOCTOR CROUSER IS NOW DOING A  LARGER, RANDOMIZED TRIAL - EXPLORING IF NICOTINE PATCHES CAN BE A LONG- TERM SOLUTION TO NOT ONLY HELP PATIENTS FEEL BETTER, BUT REVERSE THE  PROGRESSION OF THE DISEASE. AT OHIO STATE WEXNER MEDICAL CENTER, THIS  IS CLARK POWELL REPORTING.PATIENTS WILL WEAR THE NICOTINE PATCHES FOR 6 MONTHS TO SEE HOW IT  AFFECTS THEIR DISEASE AND THEIR ENERGY LEVELS. 

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR TYNE MORGAN AND MIKE HOFFMAN, I'M CLINTON GRIFFITHS. HAVE A GREAT  DAY. 

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