AgDay Daily Recap - March 18, 2011

March 18, 2011 02:42 AM
 

TODAY ON AGDAY:
MARCH 18, 2011

NOAA FORECAST
GOVERNMENT FORECASTERS SAY SPRING FLOODING IS ALREADY BEGINNING AND THE WORST IS YET TO COME. AND IT APPEARS MUCH OF THE CORN BELT IS RIGHT IN THE BULLSEYE. THE NATIONAL WEATHER SERVICE ISSUED ITS SPRING FLOODING FORECAST ON THURSDAY. THEIR FORECASTERS SAY FOR THE THIRD CONSECUTIVE YEAR, THE STAGE IS SET FOR POTENTIAL WIDE-SPREAD RECORD FLOODING. AGDAY METEOROLOGIST MIKE HOFFMAN JOINS US NOW TO EXPLAIN. THEY'RE CERTAINLY SOUNDING THE ALARM, MIKE. CLINTON, A LARGE SWATH OF THE COUNTRY - FROM THE NORTH CENTRAL U-S, THROUGH THE MIDWEST AND INTO THE NORTHEAST HAS AN ABOVE AVERAGE RISK OF FLOODING OVER THE NEXT FEW WEEKS. THE NATIONAL WEATHER SERVICE SAYS THE HIGHEST SPRING FLOOD RISK INCLUDES THE RED RIVER WHICH FORMS THE STATE BORDER BETWEEN NORTH DAKOTA-MINNESOTA. ALSO IN THE NORTHERN PLAINS - PARTS OF EASTERN MONTANA, THE JAMES AND SIOUX RIVERS IN SOUTH DAKOTA. FURTHER SOUTH - THE RISK IS HIGH FOR FLOODING ALONG THE MISSISSIPPI FROM MINNEAPOLIS TO ST. LOUIS. THAT OF COURSE IS IN THE HEART OF THE CORN BELT, WHERE A LOT OF GRAIN IS SHIPPED. FLOODING COULD IMPACT BARGE TRAFFIC. WITH A WARM-UP, NOAA SAYS MINOR COULD BEGIN THIS WEEK IN THE UPPER MISSISSIPPI BASIN, INCLUDING ITS TRIBUTARIES. AND TO THE NORTHEAST - THERE ARE CONCERNS IN LOWER NEW YORK, PENNSYLVANIA AND NEW JERSEY.

DAKOTA SANDBAGGING
THANKS MIKE. THE NATIONAL WEATHER SERVICE MODELS SHOW THIS YEARS SNOWPACK IN THE NORTH-CENTRAL U-S CONTAINS A WATER CONTENT RANKED AMONG THE HIGHEST IN 60 YEARS. NO STRANGER TO FLOODING, NORTH DAKOTA HAS BEEN PREPARING FOR WEEKS. VOLUNTEERS IN FARGO HAVE BEEN FILLING SANDBAGS SINCE MID-FEBRUARY IN ANTICIPATION OF THE RED RIVER LEAVING ITS BANKS. THE GOAL - THREE MILLION SANDBAGS BY MID-MARCH. THEY GAVE THE NICKNAME OF "SANDBAG CENTRAL" TO THE CITY WAREHOUSE WHERE CREWS HAVE BEEN WORKING. DEPENDING ON HOW QUICKLY TEMPERATURES WARM-UP, ALONG WITH ANY ADDITIONAL PRECIPITATION, WILL DETERMINE THE MAGNITUDE, TIMING AND EXTENT OF THE FLOODING. THE RED RIVER FLOWS NORTH OUT OF THE U-S INTO CANADA. ALONG THE EASTERN BORDER OF NORTH DAKOTA, THE STATE FLATTENS-OUT. FLOODS CAN QUICKLY COVER FARM FIELDS.

DAKOTA FARMER
'VE TALKED WITH FARMERS FROM NORTH DAKOTA OVER THE LAST COUPLE OF MONTHS.
ONE YOUNG FARMER SAYS THEY'VE WATCHED WATER RUN ALL WINTER. HE'S NEVER SEEN LAKES AND STREAMS UNFROZEN IN 20 BELOW WEATHER.  HE EXPECTS A WET, DIFFICULT SPRING.

SW MEGADROUGHT
WHILE IT MAY BE WET IN THE NORTH, THE SOUTHWEST IS EXPECTING ANOTHER DRY YEAR.
AND ACCORDING TO A NEW STUDY PUBLISHED IN THE JOURAL "NATURE"--THE SOUTHWEST U-S MAY BE ENTERING A PROLONGED DROUGHT SITUATION.  SCIENTISTS ARE CALLING IT A MEGA-DROUGHT THAT COULD LAST HUNDREDS IF NOT THOUSANDS OF YEARS.  THE RESEARCHERS CAME TO THE CONCLUSION BY USING SEDIMENT DEPOSITS FROM NEW MEXICO'S VALLE CALDERA AS A HISTORICAL RECORD.  THEIR CONCLUSION--THE SOUTHWEST IS HEADED FOR INCREASINGLY ARID CONDITIONS, DISAPPEARING MONSOONS AND A DIMINISHING WATER SUPPLY.

JAPAN EARTHQUAKE
FOR DAYS NOW WE'VE BEEN HEARING ABOUT THE DEVASTATION IN EARTHQUAKE RAVAGED JAPAN. INITIALLY THE MARKET REACTION WAS NEGATIVE WITH GLOBAL AND U.S. EQUITY MARKETS SEEING SIGNIFICANT LOSSES AND THE U.S. COMMODITY MARKETS ALSO HIT HARD. WITH JAPAN ONE OF THE TOP EXPORT CUSTOMERS FOR U.S. AG PRODUCTS TRADERS SOLD GRAIN AND LIVESTOCK FUTURES DUE TO THE FEAR OF DECREASED DEMAND. HOWEVER, AGDAY'S MICHELLE ROOK LOOKS AT HOW LONGER TERM THIS DISASTER MAY BE POSITIVE FOR THE AG SECTOR.  MULLER SAYS MUCH OF THE U.S. PORK GOING INTO JAPAN IS CHILLED PRODUCT THAT'S PROCESSED THERE. HOWEVER, WITH 17-PERCENT OF THEIR PORK PROCESSING CAPACITY DOWN THEY MAY BUY MORE READY TO EAT PORK PRODUCTS.  INCIDENTALLY, CORN AND LEAN HOG FUTURES REBOUNDED ON THURSDAY AS DEMAND FEARS EASED IN JAPAN. THE YEN HIT A 60-YEAR HIGH ON ANTICIPATION OF AN INFUSION OF MONEY INTO THE ECONOMY FOR REBUILDING.

CHESAPEAKE
IN AGRIBUSINESS, EFFORTS TO REDUCE THE AMOUNT OF NITROGEN AND PHOSPHOROUS RUNNING-OFF FARM FIELDS ALONG THE EAST COAST APPEAR TO BE WORKING. USDA RELEASED A STUDY WEDNESDAY WHICH SHOWS A REDUCTION IN THE AMOUNT OF SEDIMENT AND NUTRIENT LOSSES FROM CULTIVATED CROPLAND.  NITROGEN RUN-OFF IS DOWN 42-PERCENT WHILE SEDIMENT RUN-OFF IS DOWN 55-PERCENT.  AS WE'VE REPORTED, THE EPA SET MANDATORY NUTRIENT LEVELS AS PART OF THE CHESAPEAKE BAY POLLUTION DIET.  USDA SAYS THIS REPORT SHOWS THAT VOLUNTARY CONSERVATION STEPS WILL WORK.

AGRIBUSINESS: GARY WILHELMI

ITC: AFRICA DRESSES
EVERY ONCE IN A WHILE WE RUN ACROSS A STORY THAT MAKES US FEEL GOOD ABOUT THE FUTURE OF OUR COUNTRY.  TODAY WE HAVE ONE SUCH STORY.  WE TRAVEL TO OKLAHOMA WHERE A SMALL-TOWN GIRL IS MAKING A BIG TIME DIFFERENCE IN THE WORLD AROUND HER.
BUT HER SUCCESS IS NOT CONFINED TO HER OWN COMMUNITY. SHE'S REACHING ACROSS OCEANS AND CULTURES TO IMPACT THE LIVES OF YOUNG PEOPLE SHE'S NEVER EVEN MET.
IN THIS REPORT FROM OKLAHOMA STATE'S SUNUP TV, LYNDALL STOUT HAS OUR
THANKS LYNDALL.  MEAGAN WILL CONTINUE COLLECTING DRESSES AND MATERIALS THROUGH THE SUMMER.

FOOD & YOUR FAMILY: HONEY PROMO
IN FOOD AND YOUR FAMILY THIS MORNING, HONEY PRODUCERS ACROSS THE COUNTRY ARE SAYING NO TO A NEW PROMOTION AND RESEARCH PROGRAM.  THE SELF TAX WOULD HAVE CREATED A FUND TO RUN ADS SIMILAR TO THE MILK, BEEF OR COTTON CAMPAIGNS.
THE USDA ENDED VOTING ON THE PROGRAM THIS WEEK AFTER 59 PERCENT OF PRODUCERS SAID NO.THE PROGRAM WOULD HAVE CHARGED TWO CENTS PER POUND RAISING NEARLY 2 MILLION DOLLARS A YEAR.  THE MONEY WOULD HAVE GONE TO PROMOTE U.S. RAISED HONEY AND FUND RESEARCH INTO THINGS LIKE COLLONY COLLAPSE DISORDER.  U.S. PRODUCERS ARE FACING HEAVY COMPETITION FROM FOREIGN IMPORTS.  ROUGHLY 70 PERCENT OF SALES NOW GO TO HONEY PRODUCED OUTSIDE OF THE U.S.

SUGAR IMPORTS
U.S. BAKERS AND CANDY MAKERS ARE IN A SOUR MOOD.  THEY SAY BAD WEATHER IS PUTTING SUGAR IN SHORT SUPPLY.  NOW THEY'RE ASKING THE USDA TO RAISE IMPORT RESTRICTIONS.
EVERY YEAR THE US SETS LIMITS ON THE AMOUNT OF SUGAR AVAILABLE FOR IMPORT...THAT'S IN ORDER TO PROTECT U.S. SUGAR FARMERS FROM CHEAP WORLD COMPETITION.  NOW IT APPEARS RECENT COLD WEATHER HAS HURT PRODUCTION IN FLORIDA AND MEXICO.  SUGAR USERS ARE CALLING ON THE USDA TO INCREASE IMPORTS. SUGAR PRICES ARE UP 8 PERCENT SINCE LAST JULY, MAKING PROFITS HARDER TO COME BY.  U.S. COMPANIES ARE PETITIONING USDA TO LIFT ITS TARIFF-RATE QUOTA BEFORE ITS TYPICAL APRIL FIRST DEADLINE.
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

 

 

 



 


 

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