AgDay Daily Recap - May 17, 2011

May 17, 2011 04:13 AM
 

TODAY ON AGDAY:
MAY 17, 2011

CROP PROGRESS:
SOME FARMERS IN THE EASTERN CORN BELT CONTINUE TO STRUGGLE WITH THE SLOW-START TO THE PLANTING SEASON, ESPECIALLY IN OHIO. JUST 7% OF OHIO'S CORN CROP IS PLANTED. THE FIVE YEAR AVERAGE IS 70%! INDIANA IS UP TO 29% BUT THE AVERAGE IS 66%. SO THERE'S A LONG WAYS TO GO. IT GETS BETTER THE FURTHER WEST YOU GO. PLANTING WAS FAST AND FURIOUS LAST WEEK AT THE FARM JOURNAL TEST PLOTS NEAR BLOOMINGTON, ILLINOIS. THIS WAS A FAMILIAR SCENE THROUGH-OUT THE STATE. USDA SAYS 69% OF ILLINOIS CORN IS NOW PLANTED...DOUBLE LAST WEEK'S TALLY. AND IT'S NOW JUST FIVE POINTS BEHIND THE AVERAGE PACE. OVERALL 63% OF THE NATION'S IS NOW IN THE GROUND. WHILE, STILL BEHIND AVERAGE, IT WAS A BIG GAIN ON THE PREVIOUS WEEK. MORE THAN 90% OF IOWA CORN IS SEEDED. IT'S 84% IN NEBRASKA - - BOTH AHEAD OF THE STATE AVERAGES. SOYBEAN PLANTING IS PEGGED AT 22%. UP FROM 7% LAST WEEK, BUT BEHIND THE FIVE YEAR AVERAGE. LOUISIANA LEADS WITH NEARLY 80% PLANTED.

DAKOTA DELAYS:
IN NORTH DAKOTA, FARMERS ARE RACING AGAINST MOTHER NATURE TO START SEEDING...AND SO FAR, THEY'RE TRAILING. THE CROP PROGRESS REPORT SHOWS PLANTING OF MOST MAJOR CROPS IS BEHIND 4O-50%, INCLUDING CANOLA WITH JUST EIGHT PERCENT, CORN AT 14%. SUGARBEETS AND SPRING WHEAT HAVE SIMILAR LAGS. CLIFF NAYLOR FROM KFYR-TV HAS DETAILS OF FARMERS DRILLING THEIR WHEAT AS THEY WORK AROUND STANDING WATER IN THEIR FIELDS.

DAIRY TODAY DAIRY SALES:
IN OUR DAIRY TODAY REPORT ECONOMISTS AT THE UNIVERSITY OF WISCONSIN PREDICT STRONG DAIRY EXPORTS THROUGH ALL OF 2011.  THAT FOLLOWS A STRONG YEAR IN 2010. LAST YEAR THE U.S. EXPORTED RECORD TONNAGE AND FELL JUST SHORT OF RECORD SALES COMING IN AT 80 MILLION DOLLARS. U.S. DAIRY PRODUCERS WERE HOPING TO ADD NEW MARKETS TO THE LIST. HOWEVER, AT THE DOHA ROUND OF WORLD TRADE ORGANIZATION TALKS U.S. MARKET ACCESS TO INDIA, CHINA AND OTHERS IS A KEY STICKING POINT FOR U.S. NEGOTIATIORS. INSTEAD THOSE NEGOTIATIORS ARE SHIFTING FOCUS TO GET BI-LATERAND REGIONAL TRADE AGREEMENTS FINISHED.

DAIRY NMPF:
EXPORTS DRIVEN BY A WEAK U.S. DOLLAR ARE ONE THING HELPING KEEP DIARY PRICES UP. BUT ACCORDING TO THE NATIONAL MILK PRODUCER'S FEDERATION--HIGHER PRICES AREN'T ALL PROFIT. UNLESS THE DAIRY LOCKED IN EARLY--FEED COSTS ARE LIQUIDATING THE PRODUCERS MILK CHECK. NORMALLY HIGHER PRICES WOULD BE MET WITH A SIGH OF RELIEF BUT TODAY, MANY WONDER IF THEY'RE "HIGH ENOUGH" TO COVER MARGINS. THE USDA HAS GOOD NEWS ON THAT FRONT. IT RAISED THE PROJECTED ALL MILK PRICE AVERAGE TO BETWEEN 18-95 AND 19-45 PER HUNDRED FOR THE YEAR. THAT RANGE IS 80 CENTS HIGHER THAN LAST MONTH. HOWEVER USDA PREDICTS PRICES ABOUT A DOLLAR AND HALF LOWER FOR 2012. AND DON'T FORGET, FOR THE VERY LATEST NEWS AFFECTING THE DAIRY INDUSTRY, INCLUDING PRODUCTION AND POLICY ISSUES, CHECK OUT WWW.DAIRYTODAY.COM .

TP SEMINAR:
WE REALIZE MANY OF YOU MAY NOT HAVE TIME TO GET OFF THE TRACTOR ONCE YOUR FIELDS DRY. BUT IF YOU CAN AFFORD TO TAKE A DAY OFF, WE HAVE JUST THE PLACE TO BE. . . AND IT MAY JUST HELP YOUR BOTTOM LINE. OUR PARTNERS AT TOP PRODUCER MAGAZINE ARE HOSTING ONE OF THEIR VERY POPULAR TOP PRODUCER SEMINARS! WE TYPICALLY HOLD THE SEMINAR EACH JANUARY IN CHICAGO. BUT BECAUSE OF THE GROWING POPULARITY OF THE EVENT, WE'VE ORGANIZED A MID-YEAR TUNE-UP TO HELP YOU HONE YOUR FARM BUSINESS SKILLS. INDUSTRY LEADERS WILL TALK ABOUT MAINTAINING MARGINS AND MANAGING CROP RISK. FOR YOUNG PRODUCERS,
THERE'A SESSION THAT WILL GIVE YOU ADVICE IN PURCHASING LAND. THE TOP PRODUCER SUMMER SEMINAR IS SET FOR JUNE 7TH AND 8TH IN BETTENDORF, IOWA. THAT'S RIGHT ALONG THE MISSISSIPPI RIVER IN THE QUAD CITIES. IF YOU WOULD LIKE MORE INFORMATION OR TO REGISTER, GO TO www.agweb.com AND CLICK ON THE "TOP PRODUCER" TAB. YOU CAN ALSO CALL 515-832-1436.

ANALYSIS:
GREG WAGNER

IN THE COUNTRY; ARTICHOKES:
IF YOU ENJOY THE UNIQUE FLAVOR OF THE ARTICHOKE YOU'RE NOT ALONE. EVERY YEAR THOUSANDS OF PEOPLE FLOCK TO CALIFORNIA AND THE CASTROVILLE ARTICHOKE FESTIVAL...TO EXPERIENCE EVERYTHING THIS THORNY FLOWER HAS TO OFFER. TODAY, CALIFORNIA COUNTRY TV'S--TRACY SELLERS GIVES A PLANT PREVIEW FROM THE LARGEST ARTICHOKE GROWER IN THE COUNTRY. THANKS TRACY. THE CASTROVILLE FESTIVAL IS THIS WEEKEND AND INCLUDES COOKING DEMOS, TOURS OF FARMS, A PARADE AND OF COURSE PLENTY OF ARTICHOKES TO EAT. FOOD AND YOUR FAMILY IS NEXT.

HEALTHY KIDS FOODS:
IN FOOD AND YOUR FAMILY ITS NO SECRETS KIDS EATING HABITS ARE FORMED AT AN EARLY AGE. NOW FOOD COMPANIES ARE LOOKING TO CASH IN AND GET ON BOARD WITH THE HEALTHY KIDS CAMPAIGNS. A NEW REPORT FROM MARKET RESEARCH FIRM--PACKAGED FACTS--SAYS THE HEALTHY KIDS FOOD MARKET IS A TEN BILLION DOLLAR NICHE.  THEY EXPECT THE SEGMENT TO EXPLODE IN THE NEXT FIVE YEARS HERE IN THE U.S. WITH ONE IN EVERY THREE CHILDREN NOW OVERWEIGHT OR OBESE--AND CAMPAIGNS TO SOLVE IT POURING INTO PARENTS HOMES--FOOD MANUFACTURERS WANT TO PRESENT THEMSELVES AS THE SOLUTION, NOT THE CAUSE. PACKAGED FACTS PREDICTS SALES OF HEALTHIER FOODS FOR KIDS 2 TO 12-- WILL GROW 40-PERCENT IN THE NEXT FIVE YEARS.

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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