AgDay Daily Recap - July 26, 2011

July 26, 2011 05:54 AM
 

TODAY ON AGDAY:
JULY 25, 2011

WHEAT HARVEST:
GOOD MORNING EVERYONE, CLINTON GRIFFITHS IS ON ASSIGNMENT, TOPPING OUR NEWS, THE WINTER WHEAT HARVEST IS ENTERING THE HOME STRETCH FOR MUCH OF THE COUNTRY. IN MONDAY'S CROP PROGRESS REPORT USDA SAID 75% OF THE CROP IS NOW HARVESTED.
WINTER WHEAT HARVEST IS ROLLING IN THE SOUTH-WESTERN REGION OF NEBRASKA. NEBRASKA FARMERS ARE EXPECTED TO HARVEST ABOUT 61-MILLION BUSHELS OF WINTER WHEAT THIS SEASON. "NASS" SAYS TWO-THIRDS OF THE NEBRASKA WHEAT HAS BEEN HARVESTED SO FAR. THAT'S UP NEARLY 40 POINTS FROM THE PREVIOUS WEEK. OUR AFFILIATE IN NORTH PLATTE CAUGHT-UP WITH A CUSTOM CUTTER CREW. MUN-DELL SAYS LAST WEEK'S HEAT HELPED PUSH HARVEST ALONG. WHILE CUTTERS HAD BIG GAINS LAST WEEK, THEY'RE STILL BEHIND THE AVERAGE PACE OF 84%.

CROP PROGRESS:
MEANWHILE, DELAYS ARE STARTING TO MOUNT FOR WINTER WHEAT PRODUCERS IN THE PACIFIC NORTHWEST. IN WASHINGTON, 2% IS CUT. THE AVERAGE IS 16%. IN MONTANA, ZERO HAS BEEN HARVESTED. IT'S USUALLY AROUND 20% BY NOW. IN OREGON, PRODUCERS ARE 30 POINTS BEHIND. IDAHO HAS JUST ONE PERCENT HARVESTED. THE NATION'S CORN CROP TOOK A HIT FROM LAST WEEK'S HEAT. USDA SAYS 62% IS CALLED GOOD TO EXCELLENT. THAT'S A DROP OF FOUR POINTS FROM THE PREVIOUS WEEK. THE EASTERN CORN BELT IS STILL SHOWING SIGNS OF THE LATE PLANTING WITH MORE THAN A THIRD OF THE CROPS IN ILLINOIS, INDIANA AND OHIO CALLED FAIR. IN THE WESTERN CORN BELT, THE CROP OVERALL IS PROMISING. 80% OF BOTH THE IOWA AND NEBRASKA CORN CROPS ARE RATED AS GOOD TO EXCELLENT. AS FAR AS CROP PROGRESS, 65% OF THE CORN CROP IS NOW SILKING. THAT'S A 30-POINT JUMP FROM LAST WEEK AND JUST FOUR POINTS OFF THE AVERAGE PACE. 9% OF THE CROP HAS REACHED THE DOUGH STAGE. THAT'S THREE POINTS OFF THE AVERAGE. SOYBEANS ALSO TOOK A HIT. USDA SAYS 62% IS GOOD TO EXCELLENT, DOWN TWO POINTS. 60% OF THE NATION'S SOY CROP IS BLOOMING, THAT'S OFF THE AVERAGE PACE BY EIGHT POINTS. AND 16% ARE SETTING PODS...DOWN 11 POINTS FROM AVERAGE.

CORN COLLEGE MOS:
WHILE AT FARM JOURNAL CORN COLLEGE LAST WEEK, WE TALKED WITH GROWERS FROM THROUGH-OUT THE MIDWEST AND SOUTHEAST. THIS MORNING, WE HEAR FROM THREE ATTENDEES WHO HAVE A SIMILAR MESSAGE ABOUT THE PLANTING SEASON. SPEAKING OF BASIS, LATER IN ANALYSIS I'LL TALK WITH FARM JOURNAL ECONOMIST BOB UTTERBACK ABOUT THOSE CURRENT BASIS PRICES. DEPENDING ON YOUR REGION, THEY CAN VARY GREATLY THIS SEASON.

SOYBEAN COLLEGE:
NOW, WE TALK A LOT ABOUT CORN COLLEGE, BUT FARM JOURNAL IS ALSO OFFERING SOMETHING BRAND NEW THIS YEAR - - SOYBEAN COLLEGE. AND WITH ANALYSTS TALKING ABOUT THE POSSIBILITY OF 16-DOLLAR SOYBEANS, IT'S IMPORTANT THAT PRODUCERS GET EVERY BUSHEL FROM EVERY ACRE. CLINTON TALKED WITH FARM JOURNAL ASSOCIATE FIELD AGRONOMIST MISSY BAUER ABOUT WHAT PRODUCERS CAN LEARN. AGAIN, THE BRAND NEW SOYBEAN COLLEGE WILL BE HELD NEXT MONDAY AND TUESDAY IN COLDWATER, MICHIGAN. CLASS SPACE IS STILL AVAILABLE. TO LEARN MORE OR TO REGISTER, GO TO WWW.FARM JOURNAL.COM AND CLICK ON "CORN COLLEGE". THAT CORN COLLEGE LINK WILL LEAD YOU TO THE SOYBEAN COLLEGE INFORMATION.

DTR DAIRY POLICY:
IN OUR DAIRY TODAY REPORT, TWO VERY DIFFERENT OPINIONS ON HOW CONGRESS SHOULD HANDLE DAIRY REFORM. AND IT COULD SIGNAL THE LONG ROAD AHEAD IN THE LEGISLATIVE PROCESS. AS OUR PARTNERS AT DAIRY TODAY REPORTED LAST WEEK, REPRESENTATIVE COLLIN PETERSON OF MINNESOTA HAS DRAFTED LEGISLATION THAT WOULD CHANGE A NUMBER OF DAIRY PROGRAMS. HIS DRAFT IS SIMILAR TO A REFORM-PROPOSAL DEVELOPED BY THE NATIONAL MILK PRODUCERS FEDERATION. AT A HEARING IN MINNESOTA CONDUCTED BY NMPF, A GROUP OF DAIRY PRODUCERS RAISED CONCERNS OVER THE PROPOSED DAIRY REFORM. SEVERAL MINNESOTA PRODUCERS FELT IT WAS UNFAIR THAT LARGE PRODUCERS RECEIVE THE SAME LEVEL OF MARGIN INSURANCE PROTECTION AS SMALLER PRODUCERS. MEANWHILE, THE CALIFORNIA MILK PRODUCERS COUNCIL FORMALLY ENDORSED PETERSON'S DRAFT. THE GROUP SAYS "WHILE WE'D PROBABLY ALL PREFER TO OPERATE IN A WORLD WHERE CONGRESSIONAL BUDGET CONSTRAINTS DON'T EXIST, THE FACT IS THAT THEY DO, AND THESE CHANGES ARE A PART OF THAT REALITY."

DTR RABOBANK OUTLOOK:
MEANWHILE OVERSEAS, INTERNATIONAL DAIRY COMMODITY PRICES CONTINUED TO TRADE AT EXTREMELY HIGH LEVELS THOUGH THE SECOND QUARTER OF 2011. THAT'S ACCORDING TO ECONOMISTS AT RABOBANK. THEY EXPECT A MODEST INCREASE IN MILK SUPPLY COULD TEMPER HIGH PRICES LATER THIS YEAR. PRICING WAS SUSTAINED EARLY IN THE QUARTER BY VIGOROUS BUYING FROM CHINA, RUSSIA AND BRAZIL. AND DON'T FORGET, FOR THE VERY LATEST NEWS AFFECTING THE DAIRY INDUSTRY, INCLUDING PRODUCTION AND POLICY ISSUES, CHECK OUT WWW.DAIRYTODAY.COM.

ANALYSIS:
BOB UTTERBACK

IN THE COUNTRY; IOWA TROUT:
DURING THIS RECENT HEAT-WAVE, FOLKS WERE SEEKING SHELTER FROM THE HEAT AND BLAZING SUN. ON A HOT SUMMER DAY, ANGLERS WILL HEAD TO A COOL SHADY STREAM TO BEAT THE HEAT AND SNARE A TROUT. IN NORTHEAST IOWA, TROUT STOCKING IS OFTEN SUSPENDED DURING THE HOT WEATHER MONTHS. THAT'S BECAUSE THOSE FISH RELY ON A COOL-POOL. JOE WILKINSON FROM THE IOWA DNR TELLS US ABOUT A CERTAIN STREAM IS STILL GETTING STOCKED BECAUSE OF IMPROVED HABITAT. JOE SAYS 300,000 RAINBOW AND BROOK TROUT ARE STOCKED IN ABOUT 50 STREAMS EVERY YEAR IN IOWA. IN ADDITION, THERE IS A GROWING BROWN TROUT POPULATION WHICH ARE STOCKED AS FINGERLINGS. STILL TO COME, FOOD AND YOUR FAMILY.

FDA PAPAYA:
IN FOOD AND YOUR FAMILY, THE FOOD AND DRUG ADMINISTRATION IS CAUTIONING CONSUMERS ABOUT EATING PAPAYAS THAT CAME FROM A TEXAS PRODUCE COMPANY. THERE ARE CONCERNS THE FRUIT IS CONTAMINATED BY CERTAIN STRAIN OF SALMONELLA. FDA SAYS THE FRUIT CAME FROM AGRO-MOD PRODUCE IN MCALLEN, TEXAS. THEY WERE IMPORTED FROM MEXICO. THESE PAPAYA WERE SOLD PRIOR TO JULY 23RD. FDA AND CDC SAY THEY'RE INVESTIGATING 97 CASES OF SALMONELLA AGONA IN 23 STATES. THE ELDERLY, INFANTS AND THOSE WITH IMPAIRED IMMUNE SYSTEMS ARE MORE LIKELY TO HAVE A SEVERE ILLNESS FROM THIS STRAIN OF SALMONELLA. THE FDA RECOMMENDS YOU CONTACT YOUR LOCAL RETAILER TO SEE IF THEIR PRODUCT WAS RECALLED.

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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