CATTLE ON FEED:
Good morning I’m Clinton Griffiths. Recent rains and greening pastures have many cattlemen in the southern plains working to rebuild herds. On average analysts are expecting April placements down nearly 12% or about 1.5 million head over last year. That would be the smallest number since 2009. It was about this time last year that feedlot inventories shot up as record drought began withering pastures in the southern plains. A lack of feed and hay forced producers to send cattle to feedlots early. But improving conditions have allowed more normal patterns this spring which mean smaller beef supplies this fall and winter.
Even though pastures are improving in many drought stricken areas, cattle ranchers in the Texas panhandle are still struggling.
2011 CROP LOSSES:
New tallies on crop losses from 2011, according to data from the risk management agency crop insurance companies have now paid out nearly 11 billion dollars.
Its national beef month and the Beef Check Off has released an online video it hopes will go viral. The two commercials are posted on ABC.com, Hulu and various social media sites the goal is to generate at least 10 million views.
In agribusiness today private exporters reported to USDA export sales of 900,000 metric tons of corn for delivery to China. About a quarter of the order is for this marketing year. The balance is for 2012-13 marketing year. These sales were previously announced as "unknown", though traders suspected it was China. According to our reporting partners at Profarmer, this news could help temper selling in the corn market.
FARM MOM OF THE YEAR:
A Kansas rancher has been named 'Farmer Mom of the Year" in a contest sponsored by Monsanto. Debbie Lyons-Blythe farms in White City, Kansas.
OUTDOORS ON THE FARM:
Every once in a while, we like to head outdoors with Profarmer editor Chip Flory. He's always looking for new ways that America’s farmers and ranchers are using their land for more than crop production and livestock grazing. This morning chip takes us to Meeker, Colorado where he's hunting Elk - outdoors on the farm. If you would like to learn more about the Louisiana Purchase ranch and how to schedule a toured guide, head to our website Agweb.com. We’ll be sure to post a link for you.
FOOD AND FAMILY:
The common perception is that junk food is cheaper than healthy food - and that's a big cause for the nation's obesity problem. But a new study from USDA says that may not necessarily be true.
Researchers think a junk food tax may help control the world's growing obesity rate, but only if it comes at an oversized price. Can eating too much sugar really make you dumb? A new study out of California suggests it can.
Just a reminder time is running out if you want to register to win a brand new Yamaha side-by-side. We’re giving away this Rhino 700 next week.