AgDay Daily Recap - September 15, 2011

September 15, 2011 03:57 AM
 

TODAY ON AGDAY:
SEPTEMBER 15, 2011

GIPSA HEARING:
GOOD MORNING. A RANCHER FROM COLORADO SAYS THE GOVERNMENT IS INVADING THE PRIVATE MARKETPLACE AND THAT'S HURTING RANCHERS AND OTHER PRODUCERS IN THE LIVESTOCK INDUSTRY. AT ISSUE IS USDA'S PROPOSED LIVESTOCK MARKETING REGULATION - ALSO KNOWN AS THE "GIPSA RULE". GIPSA IS THE GRAIN INSPECTION, PACKERS AND STOCKYARDS ADMINISTRATION WHICH WOULD REGULATE LIVESTOCK MARKETING PRACTICES. RANCHER ROBBIE LE-VALLEY TESTIFIED BEFORE THE HOUSE COMMITTEE ON OVERSIGHT WEDNESDAY. SHE SPOKE ON BEHALF OF THE NCBA, IN WHICH SHE'S A BOARD MEMBER. IN ADDITION TO THE RANCH SHE OPERATES WITH HER HUSBAND IN COLORADO, THEY ALSO CO-OWN HOMESTEAD MEATS WHICH MARKETS DIRECTLY TO THE PUBLIC. DURING HER TESTIMONY, LEVALLEY SAID VALUE-BASED MARKETING HAS GIVEN HER FAMILY BUSIENSS THE OPPORTUNITY TO COMPETE FOR MARKET SHARE AT THE HIGHEST LEVEL.  SHE SAYS RANCHERS "...DO NOT NEED BIG GOVERNMENT SETTING UP ON OUR FARMS AND RANCHES. GOVERNMENT INTRUSION INTO THE PRIVATE MARKETPLACE IS NOT THE ANSWER." THIS WEEK, AG SECRETARY TOM VILSACK MET WITH THE NATIONAL FARMERS UNION WHERE THEY DISCUSSED THE PROPOSED REGS.

GIPSA VILSACK:
IN JUNE, THE HOUSE APPROVED THE AG DEPARTMENT'S BUDGET. IT INCLUDED LANGUAGE THAT PROHIBITED USDA FROM MOVING FORWARD WITH THE GIPSA RULE. THERE WAS NOT SIMILAR LANGUAGE IN THE SENATE VERSION.

CATTLE PRICES:
IN OUR BEEF TODAY REPORT, CATTLE PRICES CONTINUE TO CLIMB ON SUPPORT IN THE CASH MARKET AND STRENGTHENING WHOLESALE BEEF PRICES. ON THE CHICAGO BOARD OF TRADE, OCTOBER LIVE CATTLE WERE UP ABOUT SIXTY CENTS AT 120 PER HUNDRED. OCTOBER FEEDER CATTLE WERE MORE THAN A DOLLAR HIGHER IN THE 136 RANGE. CATTLE ON THE HOOF BROUGHT BETWEEN $1.16 TO $1.18 A POUND AT AUCTIONS IN THE SOUTHERN PLAINS.

ETHANOL EFFICIENCY:
DRIED DISTILLER'S GRAINS OR DDG's--THE BYPRODUCT OF ETHANOL--HAS BECOME A BIG FEED SOURCE FOR AMERICAN LIVESTOCK. RESEARCHERS FROM THE AGRICULTURAL RESEARCH SERVICE SAY THEY'VE FOUND A BETTER WAY TO DRY DOWN THAT PRODUCT. USING A COMMERCIAL ENZYME IN THE FIRST STEP OF THE DRYING PROCESS REDUCED MOISTURE CONTENT BY 14%. THE RESEARCHERS SAY ADDING THE ENZYME COULD DROP WATER USE BY 10%, AND NATURAL GAS CONSUMPTION BY 12%.

ARS DISEASE RESEARCH:
ALSO FROM THE ARS--THIS TIME IN CLAY CENTER NEBRASKA. SCIENTISTS SAY THEY'VE DISCOVERED A GENETIC LINK BETWEEN THREE OF THE MOSTLY COSTLY CATTLE DISEASES IN THE INDUSTRY. FOOT-ROT, PINKEYE AND BOVINE RESPIRATORY DISEASE ALL APPEAR ON CHOMOSOME 20. SCIENTISTS SAY INDENTIFYING THE GENETIC MARKERS MAY ONE DAY HELP PRODUCE CATTLE WITH INCREASED DISEASE TOLERANCE. BOVINE RESPIRATORY DISEASE ACCOUNTS FOR 75% OF FEEDLOT ILLNESSES.

BTR FLY RESEARCH:
AND IN TENNESSEE ENTOMOLOGISTS ARE LOOKING TO STOP THE SPREAD OF PINK EYE BY STOPPING THE FLIES THAT SPREAD IT. THAT'S JUST ONE OF MANY SERIOUS HEALTH PROBLEMS CAUSED BY INSECTS AND FLIES.  CHUCK DENNEY FROM THE UT INSTITUTE OF AGRICULTURE SHOWS US A PROGRAM MEANT TO REDUCE THE IMPACT OF INSECTS. THANKS CHUCK.
HE SAYS THESE EAR TAGS TYPICALLY COST ABOUT TWO DOLLARS EACH.
BUT UT EXPERTS SAY THE INVESTMENT IS WORTH IT.

ANALYSIS:
RICHARD BROCK

FFA MEMBERSHIP:
THANKS MIKE. WELL IN ABOUT A MONTH, THE NATIONAL FFA CONVENTION WILL GET UNDERWAY AND IT MIGHT BE A BIT TIGHTER IN THE CONVENTION HALL. FFA SAYS 17,000 NEW STUDENTS JOINED THE ORGANIZATION, SETTING A NEW HIGH. DURING THE 2010-2011 SCHOOL YEAR, MEMBERSHIP GREW TO MORE THAN 540,000 STUDENTS. ALSO, THERE'S 106 NEW, CHARTERED FFA CHAPTERS. THAT'S A LOT OF BLUE JACKETS. THE NATIONAL CONVENTION IS OCTOBER 19TH-THRU-THE-22ND IN INDIANAPOLIS.

IN THE COUNTRY; TEXAS PEACHES:
THE SOUTHWESTERN DROUGHT HAS TAKEN A BIG TOLL ON AGRICULTURE, ESPECIALLY IN TEXAS. CATTLE HERDS ARE BEING SOLD-OFF AND SOME CROPS ARE NON-EXISTENT. BUT IN A CASE OF "SWEET" IRONY, THE FLAVOR OF TEXAS PEACHES HAS ACTUALLY BENEFITTED.  IN THIS REPORT FROM THE TEXAS FARM BUREAU, NATHAN SMITH SHOWS US HOW SOME GROWERS ARE TAKING A STAND AGAINST THE DRY WEATHER. THANKS NATHAN. UP NEXT, THE FDA SAYS DON'T BELIEVE THE HYPE, APPLE JUICE IS SAFE TO DRINK. PLUS WHY PEANUT BUTTER MAY COST MORE BY THE END OF THE YEAR. FOOD AND YOUR FAMILY, AFTER THE BREAK.

APPLE JUICE:
IN FOOD AND YOUR FAMILY THE F-D-A IS STANDING UP FOR APPLE JUICE.  THE FOOD AND DRUG ADMINISTRATION SAYS ALL BRANDS ARE SAFE TO DRINK INSPITE OF CONCERNS RAISED ABOUT THE AMOUNT OF ARSENIC FOUND IN THE JUICE. THAT'S GOOD NEWS FOR KIDS AND APPLE GROWERS. A NATIONALLY SYNDICATED TV PROGRAM RAISED THE CONCERN AFTER TESTING FOR ARSENIC IN DIFFERENT APPLE JUICE BRANDS. ARESENIC--A HEAVY METAL-- COMES IN TWO FORMS--INORGANIC WHICH AT HIGH DOSES CAN CAUSE CANCER OR KIDNEY PROBLEMS AND ORGANIC--WHICH, ACCORDING TO THE FDA, IS HARMLESS. THE FDA SAYS IT'S NATURAL AND JUICE IS TESTED TO MAKE SURE LEVELS ARE BELOW ANY DANGEROUS THRESHOLDS.

PEANUT BUTTER:
IF YOU LIKE PEANUTS AND PEANUT BUTTER YOU MAY WANT TO STOCK UP. A POOR HARVEST THIS YEAR MEANS PEANUT PRODUCTS WILL SOON COST ABOUT 30% MORE IN THE GROCERY AISLE. ACCORDING TO THE USDA THIS YEAR'S PEANUT CROP IS EXPECTED TO BE ABOUT 13% SMALLER THAN IT WAS A YEAR AGO. DROUGHT AND HOT WEATHER HURT YIELDS. COUPLE THAT WITH A FEWER PLANTED ACRES DUE TO INCREASED COMPETION FROM CORN AND COTTON, AND SUPPLIES ARE SHORT. FOOD MANUFACTURERS EXPECT THE SHORT SUPPLY TO INCREASE THEIR COSTS--WHICH THEY'LL PASS ON TO THE CONSUMER.  PRICES OF THINGS LIKE PEANUT BUTTER MAY GO UP 30% BY THIS NOVEMBER.

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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