Good morning I’m Tyne Morgan, in for Clinton Griffiths. Cattle futures began to recover yesterday as beef-trading partners say news of a BSE infected dairy cow will not impact trade with the US.
While in Washington, our Clinton Griffiths talked with USDA's Chief Veterinary Officer John Clifford. Clifford says USDA is looking back at the age group from which the infected dairy cow came from. Once that's done, USDA will be looking for "co-horts" of the animal. And while federal officials say the disease does not spread from animal to animal, those co-horts will be purchased and euthanized. Also, any direct off-spring of the original cow will be purchased and euthanized as well.
Our reporting partners at Beef Today say April live cattle futures made some gains on Tuesday’s losses. On Wednesday, they closed the day at $118.50, up a $1.70 per hundredweight. 'Beef Today' editors say confirmation from export markets that there would be no changes in US beef trade helped steady the market.
One concern after the BSE case had been confirmed is how other countries would respond to the news and how it would impact the US export marketing. According to our reporting partners at Pro Farmer Today, it’s good news in that area , as beef imports to major exporting countries haven't been impacted at this time. Later in food and your family, we'll look at what could be the "positive side" of this BSE investigation.
Let's get your first look at farm country weather on this Thursday morning. Here's meteorologist Mike Hoffman.
FARM BILL DELAY:
The Senate Agriculture committee unexpectedly postponed debate Wednesday on the 2012 Farm Bill. Committee Chair - Debbie Stabenow - did not give a reason why. The current version of the Senate bill eliminates five billion dollars a year in direct payments to farmers. It’s replaced by a new revenue insurance program. Earlier this week rice and cotton group spoke-out against the bill.
NEW HOLLAND CHANGES:
The farm equipment business is a tough racket. There are some big players out there who compete every day for a farmers' dollar. The leadership team of New Holland felt the company had lost its way in recent years. Well, that's all changing. Today the company is announcing some major changes. Farm Journal Machinery editor Margy Fischer reports on how New Holland plans a change in strategy. To learn more about New Holland’s rejuvenation, read Margy's report in the newest Farm Journal coming out Friday. You can also hear more of the interview with Abe Hughes on Agweb.com.
The art of curing country ham takes years of practice to get the taste to perfection. In this report provided by the University of Tennessee, Chuck Denney shows us how one man's expertise is helping to grow a savory passion for generations to come.
SAFE FOOD SUPPLY:
The detection of the BSE case in California is creating positive buzz about the US food inspection system. The United Nations Food and Agriculture organization says early detection proves the US surveillance system is working, USDA agrees.
BURGER KING SOW CRATES:
The "home of the whopper" is the latest restaurant chain to announce to phase out the use of sow gestation crates.