AgDay Daily Recap - October 11, 2011

October 11, 2011 11:01 AM
 

TODAY ON AGDAY:
OCTOBER 11, 2011

WHEAT COUNTRY RAIN:
Good morning. Clinton's off for a few days. Topping our news some wheat growers are calling it the "million dollar rain". Showers parked over the central and southern plains this past weekend, bringing some badly needed moisture for wheat fields waiting to be seeded. Rainfall totals varied greatly in Oklahoma and Texas. The heaviest band was along the I-35 corridor where up to four inches of rain fell in Oklahoma. In Texas, parts of the state saw upwards of five inches of rain. That's too late for crops this year. And does very little to improve on their drought. But it may give growers a bit of confidence to seed their winter wheat. 89% of Texas remains in an exceptional drought - the most intense level.

CROP PROGRESS:
We're not able to report on the current status of the winter wheat planting because of Columbus Day. The weekly USDA crop progress report was not released on Monday afternoon since government offices were closed. That report will come-out this afternoon at four o'clock eastern time.

WDX WRAPS:
Topping our Dairy Today Report, the world dairy expo wrapped-up this past weekend and organizers were very pleased with the show. They said ideal weather brought a lot of people to the Aliant Energy Center in Madison, Wisconsin where the expo is held. More than 65,000 people walked thru the gates to enjoy the exhibits and livestock judging.

DAIRY POLICY REFORM ROOK:
One of the hot topics at the show involved changes to dairy policy. Senate Ag committee member Dick Lugar of Indiana introduced a farm bill proposal that includes the dairy security act. The dairy policy reform is sponsored by Minnesota Congressman Collin Peterson and supported by several dairy groups including the National Milk Producers Federation. AgDay's Michelle Rook says the groups were at the expo drumming up support for the legislation. Coming up tomorrow, we'll continue our in-depth coverage of the World Dairy Expo. I was at the expo last week and the mood seemed positive. That's because 2011 has been a profitable year for dairy producers. But will that last? We'll have some answers tomorrow on AgDay. And don't forget, for the very latest news affecting the dairy industry, including production and policy issues, check out www.dairytoday.com.

BELTWIDE:
In agribusiness, cotton harvest is just now getting underway. But it's never too early to think about next year. Registration is now open for the 2012 Beltwide Cotton Conferences. The meetings bring together those with a stake in a healthy U.S. cotton production sector, such as producers, researchers, and marketers. Coordinated by the national cotton council, this year’s conference will be held in Orlando, Florida on January 3rd-thru-the 6th. You can register online at www.cotton.org/beltwide.

ANALYSIS:
Scott Stewart

IN THE COUNTRY; ARKANSAS BUFFALO:
Back in the 1800's, wild buffalo roamed the plains. But aggressive hunting nearly wiped out the wiped-out the big beast. Now, some farmers are raising small herds of buffalo. In this report from the Arkansas Farm Bureau, Ken Moore tells us about one rancher's dream to build-up his herd. To learn more about the farm and to buy some buffalo products, check out their website – www.ratchfordfarms.com. Food and your family is next.

FAO GLOBAL HUNGER:
The United Nations says the risk remains high for food price instability. Details in food and your family. In its global hunger report, the United Nation's food and agricultural organization said high, volatile prices are likely to continue and could possibly increase. The FAO says this would make the world's poorest people more vulnerable to food insecurity. The organization says small, import-dependent countries - particularly in Africa - are especially at risk. The FAO says food price volatility may increase over the next decade due to stronger linkages between agriculture and energy markets. The report stresses that investment in agriculture remains critical for long-term food security.

WORLD FOOD PRIZE:
Food in-security will be addressed this week in Des Moines, Iowa as leaders around the globe gather for the Annual Borlaug Symposium. One of the highlights of the week-long meeting is the presentation of the world food prize. That honor is bestowed on people who have taken dramatic steps to improve food security around the globe. Also at the symposium, Illinois farmer and author Howard G. Buffett will be the keynote speaker on Wednesday. He's the president of the Howard G. Buffett Foundation. Buffett is also a supporter of Farm Journal's anti-hunger initiative called "Farmers Feeding the World". We traveled with Buffett earlier this year to Afghanistan and Iraq as they witnessed first-hand the "food insecurity in those countries.

CONTACT:
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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