AgDay Daily Recap - August 1, 2011

August 1, 2011 08:11 AM
 

TODAY ON AGDAY:
AUGUST 1, 2011

RURAL POPULATION:
GOOD MORNING, LAST WEEK THE POST OFFICE ANNOUNCED ITS CLOSING SOME 3,700 LOCATIONS AROUND THE COUNTRY. TODAY NEW CENSUS DATA MAY HELP EXPLAIN WHY. ACCORDING TO THE LATEST NUMBER JUST 16% OF THE POPULATION NOW LIVES IN RURAL AMERICA. THAT'S THE LOWEST EVER ACCORDING TO THE LATEST 2010 CENSUS NUMBERS--WITH ANALYSIS FROM A PROFESSOR AT UNLV. AREAS HIT HARDEST INCLUDE THE GREAT PLAINS, APPALACHIA, PARTS OF ARKANSAS, MISSISSIPPI AND NORTHERN TEXAS. IT'S A TREND THAT STARTED BACK IN THE GREAT DEPRESSION ERA OF THE 1930'S. IN 1910 MORE THAN 70% PERCENT OF AMERICAN'S LIVED IN RURAL AREAS--TEN YEARS AGO IN 2000 IT WAS JUST 20%. AS MORE AND MORE PEOPLE MOVE TO CITIES AND SUBURBS OF CITIES, EXPERTS SAY WITHOUT A MAJOR OVER-HAUL OR REINVESTMENT THE DECLINE WILL CONTINUE.

REDISTRICTING:
NOT ONLY WILL POPULATION SHIFTS IMPACT SERVICES, BUT REPRESENTATION IS BEING ADJUSTED. THE NATION'S 435 CONGRESSIONAL DISTRICTS ARE GETTING REAPPORTIONED FOR NEXT YEAR'S ELECTION AND BIG AG STATES ARE FEELING THE IMPACT. IN THE MIDWEST IOWA, ILLINOIS, MISSOURI, MICHIGAN, OHIO AND PENNSYLVANIA ARE ALL LOSING VOTES. WHILE SOUTHERN STATES LIKE ARIZONA, TEXAS, GEORGIA, SOUTH CAROLINA AND FLORIDA ADD TO THEIR POWER POSITIONS.

FARM BILL:
THOSE CHANGES COULD HAVE BIG IMPACTS IN AGRICULTURE AS BUDGET TALKS AND A PENDING FARM BILL WORKS THEIR WAY THROUGH CONGRESS. AS BUDGET DEBATES FILL THE AIR IN WASHINGTON THE AGRICULTURE COMMUNITY IS KEEPING A CLOSE EYE. PURDUE ECONOMIST CHRIS HURT SAYS TALK OF CUTTING AGRICULTURE'S BUDGET RANGES EVERYWHERE FROM 10 TO 48 BILLION DOLLARS.  HE SAYS AG KNOWS CUTS ARE COMING BUT WANT THE DECISIONS ABOUT "WHERE" TO COME FROM THE AGRICULTURE COMMITTEES. HURT SAYS WITH BUDGETS IN LIMBO, GETTING A FARM BILL READY BY 2012 MAY BE A CHALLENGE ALTHOUGH NOT IMPOSSIBLE. HURT SAYS DIRECT PAYMENTS WILL BE UNDER THE MOST FIRE DURING THE FARM BILL DEBATE. WITH FARM INCOME AT RECORD LEVELS EVEN MANY PRODUCERS AGREE THEY'RE HARD TO DEFEND. HE SAYS A CROP INSURANCE OR DISASTER SAFETY NET IS A TOP PRIORITY.

MISSOURI RIVER FLOODING:
WHILE WASHINGTON WADES THROUGH ITS OWN MESS, THE ARMY CORPS OF ENGINEERS SAYS FARMERS ALONG THE MISSOURI RIVER CAN EXPECT TO WADE HIGH WATER FOR A FEW MORE WEEKS. THE CORPS SAYS WATER FROM SUMMER FLOODING IN THE DAKOTAS, IOWA, AND NEBRASKA ISN'T EXPECTED TO RECEED UNTIL LATE SEPTEMBER OR EARLY OCTOBER. THE MONTANA SNOW PACK IS NOW MELTED WHICH IS HELPING EASE THE RUSH OF WATER FROM THE NORTH. MISSOURI RIVER WATER DUMPS INTO THE MISSISSIPPI. RESIDENTS ALONG THAT BODY OF WATER NEAR BIRDS POINT CONTINUE CLEANING UP FROM THEIR OWN FLOODING EARLIER THIS SPRING. BETH CHOATE SAYS IN ALL THEY LOST FIVE HOMES, PLUS A SHOP, GRAIN BINS, AND AN OFFICE COMPLEX. THEY'RE STILL FINDING PROPERTY MILES AWAY THAT WAS CARRIED OFF BY THE FLOOD WATERS. SHE FEELS LUCKY THAT HER LAND WASN'T SEVERELY DAMAGED AND THEY WERE ABLE TO EVACUATE THEIR EQUIPMENT.

HAY CRP:
THANKS CINDI. MORE KANSAS COUNTIES ARE APPROVED FOR EMERGENCY CRP HAYING AND GRAZING. STATE EXTENSION SPECIALISTS SAY IF YOU PLAN TO CUT HAY IN ONE OF THE 32 APPROVED COUNTIES IT NEEDS TO HAPPEN SOON. ACCORDING TO WALT FICK WITH K-STATE THE TIME OF CUTTING CRP HAY IS IMPORTANT. MAXIMUM YIELD OF NATIVE HAY GENERALLY HITS IN AUGUST BUT WAITING MUCH LONGER WILL HURT QUALITY. CRUDE PROTEIN STARTS TO FALL OFF IN JULY, ABOUT ONE PERCENTAGE POINT EVERY TWO WEEKS. BY AUGUST--DURING THAT MAXIMUM YIELD TIME-- PRODUCERS CAN EXPECT PROTEIN LEVELS NO HIGHER THAN ABOUT 5%. HE SAYS BE SURE TO LEAVE AT LEAST 3 INCHES OF STUBBLE WHEN CUTTING THE HAY.

DUPONT:
IN AGRIBUSINESS CHEMICAL COMPANY, DUPONT SAYS 2011 MAY BE EVEN BETTER THAN EXPECTED. IT'S INCREASING ITS EARNINGS OUTLOOK FOR THE YEAR AFTER A STRONG SECOND QUARTER. NET INCOME AT DUPONT ROSE TO ONE POINT 2 BILLION UP ABOUT SIXTY MILLION FROM A YEAR AGO. THE COMPANY ATTRIBUTES THE GAIN IN PART TO STRONG SALES IN ITS AGRICULTURE DIVISION.

SOYBEANS:
THE DOMESTIC CRUSH OF SOYBEANS IN JUNE IS DOWN COMPARED TO YEAR AGO TOTALS. THE CENSUS BUREAU ESTIMATES THE CRUSH FOR OIL OR SOYBEAN MEAL AT 124 MILLION BUSHELS. THAT'S NEARLY 5 MILLION LESS THAN LAST YEAR AT THIS TIME. USDA EXPECTS THE SOYBEAN CRUSH FOR THIS MARKETING YEAR TO BE 101 MILLION BUSHELS "LESS" THAN LAST. PROJECTED SOYBEAN STOCKS AT THE END OF AUGUST COULD BE LARGER THAN PROJECTED BECAUSE OF THE SLOWER THAN EXPECTED PACE OF CRUSH AND WORLD EXPORTS.

ANALYSIS:
GARY WILHELMI

IN THE COUNTRY; FOREST UNDERGROWTH:
IT MAY LOOK LIKE LUSH FOREST. BUT TO LAND-OWNERS AND TREE FARMERS, THE THICK UNDERGROWTH IS A NUISANCE. IT CAN IMPACT THE LONG-TERM HEALTH OF THE TREE-STAND THAT WILL EVENTUALLY GO TO HARVEST. BUT THERE'S ALSO HIDDEN VALUE TO THE SHRUBS AND SAPLINGS HIDDEN BY THE CANOPY OF TREES. IN THIS REPORT PROVIDED BY THE ARKANSAS FARM BUREAU, KEN MOORE TELLS US WHY REMOVING THE UNDERGROWTH HAS SOME FINANCIAL GAIN. THANKS KEN. STILL TO COME, ANOTHER REASON WHY YOU SHOULD ENJOY BLUEBERRIES FOR BREAKFAST. PLUS, STRUGGLING CONSUMERS LOOK FOR DEALS AT THE MEAT-COUNTER. FOOD AND YOUR FAMILY IS NEXT.

MEAT CONSUMPTION:
AS THE NATION'S ECONOMY CONTINUES TO STRUGGLE, CONSUMERS IN THIS COUNTRY CONTINUE TO LOOK FOR CHEAPER CUTS AT THE MEAT-CASE. DETAILS NOW IN FOOD AND YOUR FAMILY. THE RESEARCH FIRM "TECHNOMIC" RELEASED THE RESULTS OF A STUDY ABOUT CONSUMER PURCHASES OF MEAT. IT FOUND THAT HALF OF TODAY'S CONSUMERS SAID THEY EAT HAMBURGER AT LEAST ONCE A WEEK. THAT COMPARES TO TWO YEARS AGO WHEN ONLY A THIRD SAID THEY REGULARLY EAT GROUND BEEF. THE MARKETING FIRM SAYS THE "VALUE MENU" IS A BIG PART OF THE INCREASE IN BURGER CONSUMPTION. PEOPLE ARE LOOKING FOR A DEAL. BUT AT THE SAME TIME, THE SPECIALTY BURGER CRAZE HAS DRIVEN GROWTH AS WELL. TECHNOMIC SAYS THAT TREND IS "DEFIANTLY SEPARATE" FROM PRICING. THOSE FOLKS ARE JUST LOOKING FOR A HIGHER QUALITY BURGER.

BLUEBERRIES:
IN MANY PARTS OF THE COUNTRY IT’S BLUEBERRY PICKING TIME. NOT ONLY IS THE BLUEBERRY GOOD FOR RECIPES AND SNACKS, IT'S ALSO A CANCER FIGHTER. DIETICIANS SAY AS LITTLE AS A CUP A DAY CAN HELP PREVENT CELL DAMAGE LINKED TO CANCER. RESEARCHERS AT THE UNIVERSITY OF ALABAMA IN BIRMINGHAM JUST FINISHED STUDYING THE NUTRIENT-RICH FRUIT. BLUEBERRIES ARE FULL OF ANTIOXIDANTS AND FLAVONOIDS WHICH HELP PREVENT CELL DAMAGE. THEY'RE ALSO RICH IN VITAMIN-C, WHICH HELPS THE IMMUNE SYSTEM. THE SWEET BERRY ALSO HELPS KEEP BLOOD VESSELS FIRM WHICH WILL HELP YOUR BODY FEND-OFF BRUISING. THE ALABAMA RESEARCHERS SAY THE AVERAGE SERVING SIZE OF RAW BLUEBERRIES IS ONE CUP, WHICH CONTAINS ABOUT 80 CALORIES.

CONTACT PAGE:
WE'D LOVE TO HEAR FROM YOU! CONTACT US AT 800-792-4329. OR DROP AN EMAIL TO INBOX@AGDAY.COM. YOU CAN ALSO CHECK US OUT ON SOME OF THAT NEW TECHNOLOGY, AT WWW.FACEBOOK.COM/AGDAY.
 

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