AgDay Daily Recap - June 12, 2012

June 12, 2012 05:57 AM
 

TODAY ON AGDAY
JUNE 12, 2012

USDA REPORTS:

Good morning I’m Tyne Morgan, Clinton is on assignment. We begin with USDA reports. USDA's forecast earlier this spring put yield at above trend line due to the early start. Since then, we've seen a decline in the weekly condition report. This week 66% is good to excellent, a 6 point drop in one week. Agday's Michelle Rook talked with one grain marketer who says the tough part of the growing season is still ahead.

CROP PROGRESS:

Parts of the Cornbelt got some rain over the weekend, but Monday’s crop progress report reflects the lack of consistent rain this spring. There's been a big decline in the condition of the corn crop. Now 66% is good to excellent, for the previous 2 weeks, it's been at 72% and was as high as 77% in mid-May. Now to wheat harvest, about a third is done. It's normally about 9%.

Kansas sits at 53%, when the average is 2. In Oklahoma, the last of the fields are being cut. Clinton Griffiths has details from southwest Oklahoma.

DTR:

New programs have been put into place to try and entice consumers to drink more milk, especially for breakfast. Dairy management incorporated told dairy today's Jim Dickrell it's going to take more than just a campaign to increase milk sales. The group says the dairy industry can't just take the same product and increase the price each year.

AGCO:

In Agribusiness today - Agco celebrated the grand opening of its "Intivity Center", as well as a major expansion of its manufacturing center in Jackson, Minnesota. As a result of the plant expansion, production of the Challenger and high-horsepower Massey Ferguson tractors now takes place in Jackson. The "Intivity" Center is a welcome center for customers and dealers. It includes interactive displays and historical information.

ANALYSIS:

As we reported earlier, two key USDA reports come out this morning. Farm director Al Pell gives a look what the market might see.

GONE FISHING:

By boat or by foot, Iowa is home to a summer pastime-- fishing. Whether it's just for fun or a competition to see who can catch the most fish, there are ways to up your numbers and impress your fishing buddies. Joe Wilkinson from the Iowa DNR shows us how to land more fish, while soaking up the sun, this summer. On average, about a half a million Iowa resident’s fish throughout the year, this year looks even better as fishing license sales are up.

FOOD AND YOUR FAMILY:

In food and your family, with Father's Day being less than a week away yesterday marked the start of national men's health week. The week is aimed to help educate about preventable health problems in men. A part of the world known for its disapproval of genetically modified organisms, or GMO's, could soon allow traces of it in its food supply.

 

 
 
 
 

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