AgDay Daily Recap - August 29, 2011

August 29, 2011 05:04 AM
 

TODAY ON AGDAY:
AUGUST 29, 2011

CROP TOUR NUMBERS:
GOOD MORNING. WHEN THE MARKET OPENS TODAY, WE'LL SEE IF IT NOTICES THE RESULTS OF THE PROFARMER MIDWEST CROP TOUR. OUR PARTNERS AT PROFARMER RELEASED THEIR OFFICIAL CROP ESTIMATE FRIDAY AFTERNOON, AFTER THE MARKET CLOSED. AND THEIR NUMBERS SHOW A MUCH SMALLER CORN CROP THAT USDA IS EXPECTING. LET'S GET RIGHT TO THE NUMBERS. FIRST WE'LL START WITH CORN ESTIMATES. OVERALL YIELD FOR THE COUNTRY IS A SHOCKING 147.9 BUSHELS. EARLIER THIS MONTH, USDA PROJECTED THE NATIONAL CORN YIELD AT 153 BUSHELS. PRO FARMER PEGS TOTAL CORN PRODUCTION OF 12.5 BILLION BUSHELS. SOYBEANS WERE LOWER THAN LAST YEAR BUT CLOSER TO THE AUGUST USDA NUMBER. PROFARMER CALLS YIELD AT 41.8 BUSHELS AN ACRE. PRODUCTION IS PEGGED AT JUST UNDER 3.1BILLION BUSHELS. THE SCOUTS SAW LITTLE DISEASE PRESSURE. THEY SAID A GOOD RAIN IN THE MIDWEST WOULD HELP. BACK TO CORN NOW...YIELDS IN THE WESTERN CORNBELT FAILED TO BALANCE THE EXPECTED POOR NUMBERS FROM THE EAST, WITH HEAVIER THAN EXPECTED LOSSES FROM DISEASE, WIND, HAIL, HEAT AND LACK OF RAIN. FARM DIRECTOR AL PELL TALKED WITH PRO FARMER EDITOR CHIP FLORY SHORTLY AFTER THE NUMBERS WERE RELEASED.

STATE BY STATE CORN:
HERE'S A STATE BY STATE BREAKDOWN WHICH HELPS SHOW HOW THE PROFARMER TEAM REACHED THEIR FINAL NUMBERS. IN ILLINOIS, FOR EXAMPLE, THE CORN YIELD AVERAGE IS 155 BUSHELS. IN INDIANA, IT'S 146 BUSHELS AN ACRE. LESS DRAMATIC ARE IOWA AT 164, MINNESOTA AT 169; NEBRASKA - 165; OHIO - 160; AND SOUTH DAKOTA AT 141.

STATE BY STATE SOYBEAN:
IN THE SOYBEAN LEDGER, PRO FARMER SCOUTS SAY THE CROP IS THERE IN THE MIDWEST. IT COULD USE A RAIN TO FINISH STRONG. OTHERWISE, THE YIELD RANGED FROM A HIGH OF 53 BUSHELS IN IOWA TO 39 BUSHELS AN ACRE IN MINNESOTA AND SOUTH DAKOTA.

SPECIAL EDITION PROMO:
WE INVITE YOU TO JOIN US THIS FRIDAY MORNING FOR A SPECIAL EDITION OF AGDAY THAT WILL FOCUS COMPLETELY ON THE CROP TOUR. WE'LL BE RECAPPING THE NUMBERS AND PROVIDE INSIGHT AS TO HOW THIS WILL IMPACT AMERICAN AGRICULTURE. THE 2011 CROP TOUR IN REVIEW - THIS FRIDAY ON AGDAY.

BT CORN:
AS IF THE WEATHER DIDN'T CAUSE ENOUGH PROBLEMS FOR THE CORN CROP, NOW FARMERS NEED TO THINK ABOUT RESISTANCE TO BT TECHNOLOGY. FOR YEARS IT HELPED KEEP WESTERN CORN ROOTWORM IN CHECK. BUT JUST LAST WEEK, A UNIVERSITY OF ILLINOIS RESEARCHER CONFIRMED FIELD DAMAGE IN NORTHWEST ILLINOIS. THIS FOLLOWS A CASE IN IOWA WHICH RESEARCHERS IN BOTH STATES SAY IS CAUSED BY RESISTANCE TO A SPECIFIC PROTEIN. TODD GLEASON HAS DETAILS FROM THE UNIVERSITY OF ILLINOIS. AS FAR AS THE DAMAGED ILLINOIS CROP, PROFESSOR GRAY SAID TWO-TO-THREE NODES OF ROOTS WERE DESTROYED. AND HE DID NOT NEED A SHOVEL TO REMOVE THE PLANT FROM THE SOIL.

ANALYSIS:
CHIP FLORY

HORSESHOE QUEEN:
THERE'S A LOT OF PASSTIMES IN RURAL AMERICA--BUT THE CLASSICS CONTINUE TO STAND THEIR GROUND. FOR YEARS, PITCHING HORSESHOES HAS BEEN A STAR ATTRACTION AT FAMILY REUNIONS, TOWN PICNICKS AND EVERYTHING IN BETWEEN. THIS MORNING A NEW CONTRIBUTOR--ANNE HERBST OF THE DENVER POST, INTRODUCES US TO ONE COLORADO WOMAN CLIMBING THE INTERNATIONAL HORSESHOE THROWING RANKS AND EARNING THE REPUTATION OF HORSESHOE QUEEN. THANKS ANNE. ANNE HERBST IS A PHOTOJOURNALIST FOR THE DENVER POST. STILL TO COME THIS MORNING, A NEW STUDY WARNS AMERICANS TO WATCH THEIR WEIGHT. FOOD AND YOUR FAMILY IS NEXT.

OBESITY RISING:
IN FOOD AND YOUR FAMILY THIS MORNING, A STAGGERING NEW STUDY ABOUT THE OBESITY RATE IN THIS COUNTRY. ACCORDING TO RESEARCHERS AT COLUMBIA UNIVERSITY BY THE YEAR 2030—50% OF AMERICANS WILL BE NOT JUST OVERWEIGHT, BUT OBESE. THE STUDY ESTIMATES MORE THAN 164 MILLION PEOPLE WILL FALL INTO THE OBESE CATEGORY THAT IS 65 MILLION MORE THAN TODAY. THE ADDED POUNDS MAY ALSO MEAN MILLIONS MORE PEOPLE WITH DIABETES, HEART DISEASE, STROKE AND CANCER. THAT COULD END UP COSTING 66 BILLION DOLLARS IN HEALTHCARE. STUDY AUTHOR, CLAIRE WANG, SAYS THE U.S. NEEDS TO ACT FAST. SMALL CHANGES, LIKE LOWERING BMI 1%, CAN REDUCE DIABETES, HEART DISEASE AND STROKE BY 2 MILLION CASES.

SALT INTAKE:
AND WHILE WE'RE TALKING DIETS, HOW MUCH SALT ARE YOU GETTING.
SCIENTISTS IN CANADA SAY TOO MUCH SALT COUPLED WITH LITTLE TO NO EXERCISE CAN HURT YOUR BRAIN POWER. THE STUDY TRACKED THE SODIUM LEVELS AND PHYSICAL ACTIVITY OF SOME 1,200 CANADIANS OVER THREE YEARS. THEY FOUND THAT OLDER ADULTS WHO LEAD SEDENTARY LIFESTYLES AND CONSUME A LOT OF SODIUM SAW SIGNIFICANT COGNITIVE DECLINE. ON THE OTHER HAND, SCIENTISTS ALSO FOUND THAT PEOPLE WITH LOW PHYSICAL ACTIVITY BUT LOW SODIUM CONSUMPTION MAINTAINED COGNITION.

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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