AgDay Daily Recap - February 1, 2011

February 1, 2011 03:20 AM
 

TODAY ON AGDAY:
FEBRUARY 1, 2011

FARM INCOMES:
2010 WAS A RECORD YEAR FOR NET FARM INCOME IN THE UNITED STATES. USDA'S ECONOMIC RESEARCH SERVICE PROJECTED INCOME AT 81.6 BILLION DOLLARS UP 31% FROM THE PREVIOUS YEAR. IT WAS LARGELY DUE TO STRONG PRICES FOR BOTH GRAIN AND MOST LIVESTOCK THE LAST TWO QUARTERS OF THE YEAR TIED TO ROBUST EXPORTS, GROWING DEMAND AND A WEAK U.S. DOLLAR. AGDAY'S MICHELLE ROOK SHOWS US WHY OPTIMISM IS GROWING THAT 2011 COULD BE ANOTHER REPEAT.

CRP SIGNUP:
FOR THE SECOND STRAIGHT YEAR, THE AG DEPARTMENT IS OFFERING A GENERAL SIGNUP FOR THE CONSERVATION RESERVE PROGRAM - OR CRP. ACKNOWLEDGING THE VOLATILITY IN GRAIN MARKETS, VILSACK EMPHASIZED THAT THESE ACRES WONT' GO INTO EFFECT UNTIL THE FALL. HE'S NOT EXPECTING SUBSTANTIALLY REDUCED PRODUCTION. LAND CAN BE ENROLLED FOR A PERIOD OF UP TO 15 YEARS. LAND CURRENTLY NOT ENROLLED IN CRP MAY BE OFFERED IN THIS SIGNUP IF IT MEETS THE CRITERIA. IF YOU ALREADY HAVE A CRP CONTRACT, AND IT'S SET TO EXPIRE THIS FALL, YOU CAN MAKE A NEW CONTRACT OFFER. IF SELECTED IN THIS GENERAL SIGNUP, YOUR CONTRACT WOULD BECOME EFFECTIVE OCTOBER FIRST. USDA SAYS THE SIGNUP WILL BEGIN ON MARCH 14TH AND RUN THRU APRIL 15TH.

STATE BY STATE:
AROUND THE COUNTRY AND STATE BY STATE..WE START IN WISCONSIN WHERE A MYSTERY ILLNESS KILLED 200 STEERS IN CENTRAL PART OF THE STATE. IT HAPPENED BACK IN EARLY JANUARY. AFTER RUNNING TESTS IT APPEARS THE DEATHS ARE DUE TO MOLDY SWEET POTATOES. MYC-TOXIN FROM THE MOLDY POTATOES WAS MIXED INTO A FEED RATION AND FED TO THE CATTLE. IN TEXAS, A CATTLE HERD HAS BEEN DIAGNOSED WITH BOVINE BRUCELLOSIS. THE TEXAS ANIMAL HEALTH COMMISSION SAYS THIS IS THE FIRST OUTBREAK IN OVER FIVE YEARS.  OFFICIALS SAY A SMALL BEEF HERD IN STARR COUNTY, TEXAS IS INFECTED. THE DISEASE WAS DISCOVERED DURING ROUTINE BLOOD-WORK AT A LIVESTOCK MARKET. AND FINALLY, A U.S. DISTRICT COURT JUDGE HAS RULED TO BAN CATTLE FROM SUMMER GRAZING IN THE FORREST OF EASTERN OREGON. THE RESTRICTION KEEPS NEARLY 4,000 HEAD LOCKED OUT OF A FOREST THAT STRETCHES ACROSS 1.7 MILLION ACRES. RANCHERS IN THE AREA RELY ON FOREST SERVICE GRAZING PERMITS TO KEEP CATTLE FED DURING THE SUMMER. ENVIRONMENTALISTS WHO FILED THE SUIT SAY THE BAN IS VITAL TO PRESERVING STREAM BANKS ALONG THE MIDDLE COLUMBIA RIVER.  MANY RANCHERS SAY THEY'LL EITHER HAVE TO REDUCE HERD SIZES OR GET OUT OF THE BUSINESS ALL TOGETHER.

SHEEP NUMBERS:
USDA JUST RELEASED ITS SHEEP AND GOAT REPORT, WHICH SHOWS THE NATION'S INVENTORY IS DOWN BY 2%. BUT AN INDUSTRY TRADE GROUP SAYS THOSE NUMBERS DON'T REFLECT WHAT'S REALLY GOING-ON IN THE SHEEP BUSINESS. THE AG DEPARTMENT PEGS THE TOTAL SHEEP AND LAMB HERD AT 5.5 MILLION HEAD. THE AMERICAN SHEEP INDUSTRY ASSOCIATION SAYS THEIR RESEARCH SHOWS MORE THAN A MILLION LAMBS HAVE NOT BEEN COUNTED IN USDA REPORTS. THE ASSOCIATION SAYS NEW PRODUCERS ARE ENTERING THE BUSINESS AND MARKETING THEIR LAMBS TO NON-TRADITIONAL MARKET SECTORS, SUCH AS IMMIGRANT POPULATIONS.

CNH OUTLOOK:
IN AGRIBUSINESS, CNH ANNOUNCED MONDAY IT WILL CLOSE ITS COMPACT TRACTOR ASSEMBLY FACILITY IN DUBLIN, GEORGIA, DURING THE FIRST QUARTER OF THIS YEAR. THE PLANT'S PRODUCT LINE INCLUDES COMPACT TRACTORS MARKETED UNDER THE NEW HOLLAND AGRICULTURE "BOOMER" AND CASE IH "FARMALL" NAMEPLATES. THE COMPANY SAYS THE CLOSING IS PART OF ITS LONG-TERM STRATEGY TO ACHIEVE A LEAN, HIGHLY FLEXIBLE INDUSTRIAL OPERATION. IT ALSO ISSUED MARKET PREDICTIONS FOR 2011. CNH ANTICIPATES GLOBAL TRACTORS SALES TO BE FALL BETWEEN FLAT AND UP FIVE PERCENT AND COMBINE SALES TO RISE BETWEEN 5-10%. THE COMPANY EXPECTS BETTER-THAN-INDUSTRY GROWTH BECAUSE OF NEW PRODUCTS AND AN EVER EXPANDING GEOGRAPHIC FOOTPRINT. REVENUES ARE PREDICTED TO RISE AS MUCH AS 10% OVER LAST YEAR.

NCBA CONVENTION:
COMING UP THIS WEEK IN DENVER, IS THE NATIONAL CATTLEMENS BEEF ASSOCIATION CONVENTION AND TRADE SHOW. THE ANNUAL EVENT BRINGS PRODUCERS AND INDUSTRY STAKEHOLDERS FROM ACROSS THE COUNTRY. I'LL BE AT THE CONVENTION LATER THIS WEEK. WE'RE PLANNING TO DEDICATE AN ENTIRE SHOW TO THE EVENT WHICH WILL AIR NEXT WEEK ON FEBRUARY ELEVENTH. SO IF YOU SEE ME RUNNING AROUND BE SURE TO STOP ME AND SAY HELLO. LAST WEEK AT TOP PRODUCER SEMINAR IN CHICAGO I SPOKE WITH BILL BIEDERMAN ABOUT LIVESTOCK AND WHAT PRODUCERS CAN DO TO HELP COVER RISING FEED COSTS.

ANALYSIS:
BILL BIEDERMAN

IN THE COUNTRY; TROUT SPAWNING:
WITH MUCH OF THE PLAINS AND MIDWEST IS GETTING PUMMELED WITH ANOTHER WINTER STORM, SOME FOLKS MAY BE DREAMING OF THOSE WARMER DAYS WHEN YOU CAN DIP YOUR LINE INTO A TROUT STREAM. EVEN THOUGH TROUT ANGLERS HAVE THEIR GEAR IN STORAGE, WORKERS ARE BUSY AT HATCHERIES. IN THIS REPORT FROM THE IOWA DNR, JOE WILKINSON LOOKS AT THE INDOOR SPAWN OF RAINBOW TROUT. SOME OF THAT TROUT WILL END-UP ON A DINNER TABLE....AND NEW GUIDELINES REFLECT THE IMPORTANCE OF FISH IN YOUR MEALS. WE'LL HAVE THE NEW DIETARY GUIDELINES, NEXT, IN FOOD AND YOUR FAMILY.

DIETARY GUIDELINES:
MOM ALWAYS SAID TO EAT YOUR FRUITS AND VEGGIES...AND THE GOVERNMENT SAYS THAT'S SOUND-ADVICE. DETAILS IN FOOD AND YOUR FAMILY. USDA AND THE DEPARTMENT OF HEALTH AND HUMAN SERVICES RELEASED ITS 2010 DIETARY GUIDELINES ON MONDAY. THESE GUIDELINES ARE REVISED EVERY FIVE YEARS. WITH MORE THAN ONE-THIRD OF CHILDREN AND MORE THAN TWO-THIRDS OF ADULTS IN THE U.S. ARE OVERWEIGHT OR OBESE, THE SEVENTH EDITION OF DIETARY GUIDELINES PLACES STRONGER EMPHASIS ON REDUCING CALORIE CONSUMPTION AND INCREASING PHYSICAL ACTIVITY. AND BECAUSE OF HIGH BLOOD PRESSURE IS ASSOCIATED WITH OBESITY, THE GUIDELINES HAVE REDUCED THE RECOMMENDED DAILY INTAKE OF SODIUM TO ABOUT 1,500 MILLIGRAMS. RIGHT NOW, THE AVERAGE DAILY INTAKE IS MORE THAN TWICE THAT AMOUNT. SO WHAT CAN YOU EAT? THE GUIDELINES SAY YOUR PLATE SHOULD BE HALF-FULL WITH FRUITS AND VEGETABLES. IT ALSO RECOMMENDS MORE WHOLE GRAINS, LEAN MEATS, POULTRY, SEAFOOD AND FAT-FREE OR LOW-FAT MILK. IT SAYS CUT THE SALT, SATURATED AND TRANS FATS, ADDED SUGARS AND REFINED GRAINS. THE WHOLE LIST CAN BE FOUND AT WWW.DIETARYGUIDELINES.GOV .

CONTACT PAGE:
REMEMBER OUR EARS ARE ALWAYS OPEN, GIVE US A RING AT 800-792-4329. OR SEND ME AN EMAIL TO INBOX@AGDAY.COM . OR JOIN THE DISCUSSION AND MORE THAN 500 FANS ON FACEBOOK AT WWW.FACEBOOK.COM/AG-DAY .
 

 

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