TODAY ON AGDAY
JANUARY 9, 2012
Good morning. We begin the week with exciting news for the cotton world. Scientists have just finished a 20 year effort analyzing and sequencing the DNA of cotton. The group says it’s now publicly releasing a map of the cotton genome. The work was led by a professor at the University of Georgia with help from more than 20 cotton scientists representing the seven largest cotton producing nations in the world. The sequence is being called invaluable to the understanding and development of future cotton varieties. Scientists say it means better fibers, improved water efficiency and lower pesticide use. Farmers say it doesn't take long for good technology to be adopted.
The DNA mapping of cotton may also improve its use as a cellulosic biofuel crop. Just as the EPA releases it production expectations for the fuel, the agency wants cellulosic biofuel producers to pump out more than 8.5 million gallons in 2012. All told refiners are expected to refine more than 15 billion gallons of ethanol this year in order to meet EPA's renewable fuels standards.
Camelina growers are cheering another rule out of the EPA. It just published a proposal approving the oil seed as a feed stock under the renewable fuel standard. The National Biodiesel Board calls the rule good news saying it will give biodiesel plants another tool in the toolbox.
This Thursday the USDA releases its January supply demand report. It's been a market mover each of the last five years. As the results come in, growers across the country will dust off those calculators in prep for spring planting. When it comes to management and more importantly risk management, Todd Gleason with the University of Illinois says the coming month may be the most important.
AVMA ANTIBIOTIC REACTS:
Thanks Mike. The American Veterinary Medical Association says it agrees with the FDA's new antibiotic restrictions. Last week drug regulators announced restrictions for cephalosporins. The FDA rule limits the extra-label use of the anti-microbial in cattle, hogs, chickens and turkeys. It's a softer version of a rule regulators tried to implement back in 2008. The AYMA says that 2008 rule was too restrictive. Last week's decision, however, is consistent with the AVMA's policy.
FARM JOURNAL PULSE:
And this morning we're starting our week with a new poll from our corporate partners over at Farm Journal. It's called the Farm Journal Pulse. A bi-monthly text message poll sent to producers across the country through commodity update
After record farm income in 2011 we thought we'd start by gauging farmer's pulse of 2012. The first pulse question: What's your expectation of the ag economy in 2012 versus 2011? From one thousand responses....it appears producers are leery of too much of a good thing. Nearly 40% expect the farm economy to be worse. 35% expect it stay the same. And just over a quarter of respondents predict a stronger ag economy in this new year. To read more and sign up to participate go online to farm journal pulse dot com.
IN THE COUNTRY; V6 RANCH:
Talk to most ranchers and I’m sure many will tell you, their favorite part on the range is the range. There's just something about the serenity of living on the land. As Tracy Sellers of California bountiful shows us, for a rancher in California that philosophy is paying off. Thanks Tracy. Tracy Sellers of California Bountiful reporting. Food and Your Family is next.
FRUITS VEGES AND WEIGHT:
In Food and Your Family many Americans are kicking off the New Year with a new diet.
But scientists say just adding more fruits and vegies may not be enough. A new study published in the American Journal of Clinical Nutrition says eating a diet full of fruits and vegetables isn't enough to keep age-related weight gain at bay. Researchers looked at questionnaires from nearly 375,000 participants. After crunching the numbers they found fruit and vegetable intakes were not associated with weight change.
STARCHY FOODS BREAST CANCER:
Another study, this regarding a possible connection between starchy foods and breast cancer, A research team in California says their findings suggest high consumption of starchy foods may be linked with an increased risk of breast cancer tumors returning in woman who have already had the disease. In the study women who saw the return of their cancer consumed on averaged about two grams more than those who didn't.
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