AgDay Daily Recap - October 12, 2011

October 13, 2011 07:59 AM
 

TODAY ON AGDAY:
OCTOBER 12, 2011


OKLAHOMA WHEAT:
The industry will be watching this morning when USDA releases some key reports - crop production and supply-demand figures. AgWeb will have those for you at 8:30 eastern time. Meanwhile, farmers are still looking for some rain in the southern wheat belt to help their planting conditions. The USDA crop progress report says 59% of the winter wheat crop is now planted. In northeast Oklahoma, wheat grower Bob Goss is moving forward with his crop, even though the soil is very dry. Goss says the fields are usually seeded by September tenth. He's about four weeks behind and hopes it germinates. USDA says 47% of the Oklahoma wheat is planted. In Texas it's 41%. Both of those states are about 20 points behind. Kansas is on-pace with 69% planted.

80 TOUR NEBRASKA:
Today, our I-80 harvest tour stops in Herman, Nebraska. That's about 35 miles north of Omaha, along the Missouri River bottoms. Clinton Griffiths caught-up with the Gregerson family. Thanks Clinton. USDA says a third of the nation's corn and half of the soybean crop are harvested.

DAIRY PRICING:
The mood of dairy producers at this year's World Dairy Expo in Madison was positive - a direct reflection of a better year for milk and product prices. Even with some record high feed costs earlier in the year most dairymen have been in the black this year. However, milk prices are cyclical so how long will it last? AgDay's Michelle Rook talked to the experts at the show to get their outlook. Even with a possible double dip in the global recession most market analysts don't believe it will be as severe as it was in 2008 and so the impact on exports won't be as great. And even though the value of the U.S. dollar has been rising they don't believe it will move high enough to hurt demand for dairy products either.

ANALYSIS:
Jim Bower

IN THE COUNTRY; NICK’S ACRES:
It's been a dismal year for North Dakota news-man and part-time farmer Nick Dreyer. He did not get to plant one acre on his land that we call "Nick's Acres". In fact, Nick says it's been a struggle just getting his land to dry out this summer. And now, a decision by the county this fall didn't make things any easier. Nick is the news director and anchor at KMOT-TV in Minot, North Dakota. He's hoping for just average snowfall this year. If there's extra snowfall, next year could be another "zeroed-out" year. Food and your family is next.

ANIMAL TRACE BACK:
USDA is extending the comment period for its proposed animal disease trace-ability rule. In August, USDA issued a proposed rule to establish general regulations for improving the traceability of U.S. livestock moving interstate when animal disease events take place. Instead of a federal mandate, USDA says it would give states and tribes more authority. The comment period was extended by 30 days. The new deadline for comments is December ninth.

GIANT PUMPKIN:
And finally, the "great pumpkin" has once again shown-up in Half-moon Bay, California for the annual pumpkin weigh-off. This year's winner came-in at 1704 pounds. Folks in California call it the "super bowl of weigh-offs". The contest is sponsored by the Safewood Food Chain.

 

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