AgDay Daily Recap - February 9, 2011

February 9, 2011 07:12 AM
 

TODAY ON AGDAY:
FEBRUARY 9, 2011

CATTLE ON TRADE ISSUES:
GOOD MORNING. AG GROUPS CONTINUE TO TURN UP THE HEAT TO GET PENDING FREE TRADE AGREEMENTS PASSED AND THEY'RE HOPEFUL 2011 WILL BE THE YEAR. HOWEVER, LAST WEEK DURING A SENATE FINANCE COMMITTEE MEETING CHAIRMAN MAX BAUCUS VOWED TO OPPOSE A PROPOSED FREE-TRADE DEAL BETWEEN THE U.S. AND SOUTH KOREA UNLESS MORE CONCESSIONS ARE MADE TO BOOST U.S. BEEF EXPORTS. HIS OPPOSITION PRESENTS A CHALLENGE FOR THE OBAMA ADMINISTRATION, WHICH HAS CALLED ON CONGRESS TO APPROVE THE DEAL. CATTLEMEN ATTENDING LAST WEEK'S NCBA CONVENTION SAY ITS TIME THE OBAMA ADMINISTRATION MADE TRADE A PRIORITY AND THAT INCLUDES MORE MARKET ACCESS IN PLACES LIKE CHINA. AGDAY'S MICHELLE ROOK HAS THE STORY FROM DENVER. MILLER SAYS THE IMPACT OF TRADE IS OBVIOUS IN THE RECORD PRICE LEVELS BEING RECEIVED BY CATTLEMEN. MARKET ACCESS IS ALSO CRITICAL MOVING FORWARD WITH GROWING GLOBAL DEMAND FOR MEAT.

SPECIAL EDITION PROMO:
JUST A REMINDER, WE HAVE A SPECIAL EDITION OF AGDAY FROM THIS YEARS CONVENTION COMING UP FRIDAY. I WAS IN DENVER LAST WEEK TALKING TO SOME OF THE KEY PLAYERS IN THE CATTLE INDUSTRY.

WASDE REPORT:
COMING UP THIS MORNING, USDA WILL RELEASE ITS FEBRUARY SUPPLY-DEMAND REPORT. THIS REPORT TYPICALLY DOESN'T GET MUCH ATTENTION. BUT WITH TIGHT DOMESTIC SUPPLY OF CORN AND SOYBEANS, AND TIGHT GLOBAL SUPPLY OF WHEAT, OUR ANALYSTS AT PRO FARMER SAY THIS REPORT COULD HAVE MORE FIREPOWER THAN USUAL. THE REPORT COMES OUT AT 8:30 EASTERN TIME. YOU CAN GET THE NUMBERS RIGHT AWAY AT www.agweb.com .

EUROPE GMOS:
EUROPEAN FARMERS ARE WARNING THEY FACE A MAJOR FINANCIAL LOSS THAT COULD PUT SOME LIVESTOCK OPERATORS OUT OF BUSINESS, IF EUROPEAN UNION MEMBER STATES DO NOT SUPPORT A PROPOSAL TO ALTER THE CURRENT IMPORT POLICY ON GENETICALLY MODIFIED ORGANISMS, OR GMO'S. ACCORDING TO OUR PARTNERS AT PRO-FARMER, THE EUROPEAN COMMISSION WILL SOON DISCUSS THE CRITERA THAT EU MEMBER STATES CAN USE WHEN IMPLEMENTING BANS AGAINST THE CULTIVATION OF GM CROPS. A EUROPEAN FARM GROUP SAYS IT IS CRUCIAL FOR EU MEMBER STATES TO BACK A PROPOSAL THAT WOULD ALTER THE CURRENT "NO TOLERANCE" POLICY AND ALLOW THE PRESENCE OF TRACE LEVELS OF G-M CROPS. THE PROPOSAL WOULD ONLY APPLY TO GM CROPS TO BE USED TO MAKE ANIMAL FEED.

AGDAY INBOX:
IN THIS COUNTRY, USDA JUST APPROVED THE PLANTING OF BIOTECH ALFALFA AND SUGARBEETS. PLUS, THE FDA IS REVIEWING A REQUEST FOR BIO-TECH SALMON. OF COURSE, THIS TOPIC OFTEN ELICITS SHARP...AND NEGATIVE... RESPONSES TO THE AGDAY INBOX. JILL FROM ASHLAND, MONTANA SAYS REGARDLESS OF WHAT THE FDA SAYS, SHE DOESN'T FEEL IT IS SAFE NOR HAS IT BEEN AROUND LONG ENOUGH TO KNOW WHAT IT COULD DO TO YOU. AND FROM OUR FACEBOOK PAGE, PATRICIA FANIZZA WRITES "THERE IS ABSOLUTELY NO EVIDENCE PROVING ITS SAFETY AND ALL STUDYS INTO THE MATTER SHOWS THAT PLANTING THE CROP IS A RECIPE FOR WORLDWIDE DISASTER."

ANALYSIS:
BRIAN BASTING

IN THE COUNTRY; WINTER FLOWERS:
FLOWERS ARE NOW BLOOMING IN THE FRONT YARDS OF SOME NORTH DAKOTA HOMES EVEN THOUGH TEMPERATURES REMAIN WELL BELOW FREEZING AND SNOW STILL BLANKETS THE ENTIRE STATE. CLIFF NAYLOR FROM AFFILIATE KFYR REPORTS ON HOW SPRING FEVER HAS INSPIRED FOLKS IN ONE NEIGHBORHOOD TO "FOOL MOTHER NATURE."  UP NEXT, SERVING-UP SOME SUPER-BOWL WAGERS. FOOD AND YOUR FAMILY IS NEXT.

SUPER BOWL PRIZES:
IN FOOD AND YOUR FAMILY, IT'S TIME FOR THE GOVERNOR OF PENNSYLVANIA TO PAY-UP AFTER HIS TEAM LOST THE SUPER-BOWL. AS IS TRADITION, THE GOVERNORS FROM THE TWO STATES PLACED A FRIENDLY WAGER AGAINST EACH OTHER. AND AS YOU PROBABLY KNOW THE GREEN BAY PACKERS BEAT THE PITTSBURGH STEELERS. LOSING THE BET, PA GOVERNOR TOM CORBETT WILL DELIVER A HOST OF FOOD PRIZES FROM HIS STATE TO WISCONSIN GOVERNOR SCOTT WALKER. THE LIST INCLUDES SNACKS FROM THE FARM INCLUDING PENNSYLVANIA APPLES, HONEY AND MAPLE SYRUP. THERE WILL ALSO BE HARD PRETZELS, PENNSYLVANIA BEER AND WINE, CHOCOLATE, AND OF COURSE HEINZ KETCHUP. AFTERALL, HEINZ IS BASED IN PITTSBURGH.

PA SNACK MUSTARD:
YOU MAY NOT KNOW THIS, BUT PENNSYLVANIA CALLS ITSELF THE SNACK FOOD CAPITOL OF THE WORLD. IT MAKES MORE CHIPS AND PRETZELS THAN ANYWHERE ELSE. THERE'S ALSO THAT LITTLE CANDY COMPANY CALLED "HERSHEY" YOU MAYBE FAMILIAR WITH. WELL, HERE’S A FOOD COMPANY THAT MAY NOT BE AS WELL KNOWN, BUT THEY'RE WORKING ON IT. IT'S CALLED WILD MOUNTAIN GOURMET. IT'S ONLY BEEN IN BUSINESS FOR LITTLE MORE THAN A YEAR. WILD MOUNTAIN SPECIALIZES IN UNIQUE FLAVORS OF MUSTARD, NOTHING LIKE THE YELLOW OR BROWN MUSTARD YOU MAY BE USE TO. FOR INSTANCE, HOW DOES KEY LIME AND PINEAPPLE MUSTARD SOUND? AGRIBUSINESS DIRECTOR AL PELL CAME ACROSS THIS UNIQUE FOOD BOOTH DURING A TRIP TO THE PENNSYLVANIA FARM SHOW. BROOKE WAS PROUD TO MENTION HER RECIPE WON "GRAND CHAMPION" AT A WORLDWIDE MUSTARD COMPETITION IN CALIFORNIA. SHE SAYS IT WAS LIKE WINNING THE OLYMPICS. LEARN MORE ABOUT THIS SNACK MAKER AT WWW.WILDMOUNTAINGOURMET.COM .

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

 

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