AgDay Daily Recap - January 25, 2011

January 25, 2011 02:54 AM
 

TODAY ON AGDAY:
JANUARY 25, 2011

ACREAGE BATTLE:
AT JUST ABOUT ANY FARM SHOW THIS WINTER, INEVITABLY THE DISCUSSION TURNS TOWARDS AN EXPECTED ACREAGE BATTLE THIS PLANTING SEASON. THAT TOPIC GOT A LITTLE MORE INTERESTING AFTER ONE OF THE BIG ANALYTICAL FIRMS RELEASED ITS PROJECTIONS. THE FORECAST FROM INFORMA ECONOMICS SHOWS THAT DESPITE HIGHER PRICES, NEITHER CORN NOR SOYBEAN ACREAGE WILL BE AS BIG THIS COMING GROWING SEASON. THAT SURPRISED MANY IN THE INDUSTRY SINCE THE GRAIN STOCKS IN STORAGE ARE ALREADY LOW. ACCORDING TO A REPORT FROM OUR PARTNERS AT AGWEB, INFORMA EXPECTS THE 2011 CORN CROP TO TOTAL JUST SHY OF 91-MILLION ACRES. INFORMA IS PROJECTING THE SOYBEAN PLANTINGS WILL HIT 76.6 MILLION ACRES. THE BIG WINNER IN THE ACREAGE BATTLE THIS YEAR COULD BE COTTON. ACCORDING TO INFORMA'S RELEASE, COTTON IS EXPECTED TO GAIN TWO AND QUARTER MILLION MORE ACRES THAN WHAT WAS PRODUCED LAST YEAR.

ADM RESEARCH:
COMPANIES SPEND MILLIONS, UPON MILLION, OF DOLLARS EACH YEAR HELPING FARMERS TO CHOOSE THE RIGHT SEED, APPLY THE RIGHT CHEMISTRY, SO THEY CAN HARVEST A PROFITABLE CROP. BUT SOMETIMES THE CROP IS LOST AFTER HARVEST DUE TO STORAGE AND PEST PROBLEMS. THIS ISN'T A BIG ISSUE IN THE U.S., BUT IN DEVELOPING COUNTRIES IT CAN HAVE DEVASTATING AFFECTS. IN THIS REPORT FROM THE UNIVERSITY OF ILLINOIS, TODD GLEASON TELLS US HOW ONE MAJOR AG PLAYER IS STEPPING-UP TO HELP OUT.

WHEAT COLLEGE:
YOU MAY BE FAMILIAR WITH FARM JOURNAL'S CORN COLLEGE. NOW THAT POPULAR AGRONOMICS CLASS IS EXPANDING TO WHEAT. ACCORDING TO OUR PARTNERS AT FARM JOURNAL, WHEAT COLLEGE IS IN RESPONSE TO FARMER REQUESTS FOR TRAINING ON THE FUNDAMENTALS FOR HIGH YIELDS IN WHEAT. THE CLASS WILL BE TAUGHT BY FARM JOURNAL ASSOCIATE FIELD AGRONOMIST MISSY BAUER. MISSY AND I HAVE WORKED CLOSELY TOGETHER ON CORN COLLEGE AND SHE KNOWS HER STUFF. MISSY WILL BE JOINED BY WHEAT EXPERT AND FARM JOURNAL COLUMNIST PHIL NEEDHAM. THE FIRST CLASS IS SCHEDULED FOR TUESDAY FEBRUARY FIRST IN WICHITA, KANSAS. THERE'S ALSO A CLASS ON THURSDAY FEBRUARY THIRD IN FARGO. NORTH DAKOTA THIS CLASS WILL BE TAILORED TO MATCH THE GEOGRAPHIC AREAS OF THE MEETINGS. YOU CAN REGISTER ONLINE AT WWW.FARMJOURNALCORNCOLLEGE.COM . YOU CAN ALSO CALL 515-254-0289.

TEASE:
WHEN AGDAY CONTINUES THIS TUESDAY MORNING, THE NUMBER OF DAIRY COWS GOING TO CULL HAD A BIG HIKE LAST MONTH. WE'LL HAVE THE NUMBERS IN AGRIBUSINESS. PLUS, IT'S NOT YOUR TYPICAL CROP, BUT LANDOWNERS CAN MAKE SOME SERIOUS MONEY WITH HARDWOODS. WE'LL GET A HEALTH CHECK ON THIS IMPORTANT INDUSTRY TO PENNSYLVANIA'S ECONOMY. AND SPEAKING OF THE WOODS, THESE FOLKS WORK YEAR-ROUND TO PROTECT FORESTS. USUALLY IT'S FROM RAGING FIRES, BUT NOW IT'S A NEW PREDATOR. DETAILS LATER ON AGDAY.

DAIRY CULL:
IN AGRIBUSINESS...DAIRY PRODUCERS SENT 265-THOUSAND COWS TO SLAUGHTER IN FEDERALLY INSPECTED PLANTS IN DECEMBER. THAT'S UP 15% FROM THE PREVIOUS YEAR. ACCORDING TO OUR REPORTING PARTNERS AT DAIRY TODAY, THERE ARE SEVERAL REASONS FOR THE INCREASE. CULL COW PRICES HAVE BEEN EXTREMELY GOOD, EXCEEDING 50-DOLLARS PER HUNDREDWEIGHT IN MOST AREAS OF THE COUNTRY. ALSO, THERE WAS FEAR THAT HAD TAX PROVISIONS NOT PASSED, CAPITAL GAINS WOULD BE LOST IN 2011. THAT CREATED A GOOD INCENTIVE TO CULL COWS IN DECEMBER RATHER THAN WAIT UNTIL THE NEW YEAR. THIRD, THERE ARE PLENTY OF HEIFERS AVAILABLE AND THEY ARE REASONABLY PRICED. FOR THE ENTIRE YEAR, HOWEVER, CULLING WAS ACTUALLY DOWN SLIGHTLY - - ABOUT THREE TENTHS OF A PERCENT. IN ALL, ABOUT 2.8 MILLION COWS WERE SLAUGHTERED.

ANALYSIS INTRO:
PENNSYLVANIA IS ONE OF THE TOP PRODUCERS OF HARDWOODS IN THE COUNTRY. ANNUAL REVENUES EXCEED FIVE BILLION DOLLARS IN THE KEYSTONE STATE. WHEN THE ECONOMY TOOK A PLUNGE, HOUSING STARTS AND THE HARDWOODS INDUSTRY FELL RIGHT WITH IT. DURING THE PENNSYLVANIA FARM SHOW, AGRIBUSINESS DIRECTOR AL PELL TALKED WITH A HARDWOODS SPECIALIST ABOUT THE MARKET AND ITS OUTLOOK.

ANALYSIS:
WAYNE BENDER

IN THE COUNTRY; SMOKE JUMPERS:
USDA FOREST SERVICE HAS AN ELITE GROUP OF PEOPLE WHO JUMP FROM PERFECTLY GOOD AIRPLANES TO LAND INTO A FOREST FIRE. THEY'RE CALLED SMOKE JUMPERS. AND USUALLY THEIR SERVICES ARE NEEDED OUT WEST WHEN FOREST FIRES RAGE IN THE MOUNTAINS. BUT DURING THE OFF-SEASON, SOME HEAD EAST TO TRACK A TREE-KILLING BUG. IN THIS REPORT PROVIDED BY USDA, BOB ELLISON SAYS THE JOB'S NOT AS DANGEROUS, BUT THE JOB IS NO-LESS IMPORTANT WHEN IT COMES TO SAVING A FOREST UNDER ATTACK. FOOD COMPANIES TAKE A BEATING WHEN IT COMES TO ADVERTISING TOWARDS KIDS. BUT IS A NEW PROGRAM TO REDUCE THOSE KID FOCUSED COMMERCIALS REALLY WORKING. DETAILS UP NEXT IN FOOD AND YOUR FAMILY.

KIDS FOOD ADS:
IN FOOD AND YOUR FAMILY THIS MORNING, IT WASN'T LONG AGO, FOOD COMPANIES FACED A BACKLASH FOR ADVERTISING DIRECTLY TO CHILDREN. THAT LED TO THE CHILDREN'S FOOD AND BEVERAGE ADVERTISING INITIATIVE...A GROUP OF 17 COMPANIES. THEY AGREED TO REDIRECT THEIR ADS FOCUSING ON HEALTHIER DIETS AND LIFESTYLES.  THE INITATIVE ALSO SPECIFIES ADS SHOULDN'T BE DIRECTED AT CHILDREN UNDER 12 UNLESS THE PRODUCT MEETS THE GOVERNMENT'S STANDARDS FOR HEALTH. ACCORDING TO A NEW STUDY ABOUT THAT PROGRAM IT APPEARS THE MEMBERS ARE MISSING THE MARK. OF 58 PRODUCTS MADE BY THE PARTCIPANTS--49 ARE NOT MEETING THE HEALTHIER AGREEMENT. THINGS BEING ADVERTISED TO CHILDREN UNDER 12 INCLUDE COOKIES, PIZZA, AND SUGARY CERALS. THOSE IN THE INDUSTRY ARE CALLING FOR MORE ACCOUNTABILITY. FOOD COMPANIES POINT OUT THEY'RE REDUCING SUGAR AND REFORMULATING MANY PRODUCTS TO MAKE THEM HEALTHIER.

CHICKEN BACTERIA:
AND YOU'VE HEARD ABOUT THE DANGERS OF HANDLING RAW CHICKEN.  A NEW STUDY SAYS IT MAY BE MORE DANGEROUS TO HANDLE THE PACKAGE THAT CHICKEN CAME IN. THIS CAME FROM A STUDY DONE IN THE U.K. IT FOUND 40% OF SUPERMARKET POULTRY PACKAGES WERE CONTAMINATED WITH BACTERIA. THAT WAS EQUAL TO THE AMOUNT OF BACTERIA THEY FOUND INSIDE THE PACKAGE. THE RESEARCHERS BELIEVE THE TRANSFER HAPPENS DURING THE MOVING, STACKING AND STORING OF THE FOOD. OF COURSE WASHING HANDS AND THOUROUGHLY COOKING CHICKEN HELPS REDUCE ANY RISK OF ILLNESS.

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 .
 

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close