AgDay Daily Recap - September 8, 2011

September 8, 2011 05:16 AM
 

TODAY ON AGDAY:
SEPTEMBER 8, 2011

OBAMA FREE TRADE:
AS PRESIDENT OBAMA GOES BEFORE CONGRESS TONIGHT, HE'LL LAY OUT HIS JOBS PLAN TO GET THE COUNTRY'S ECONOMY ROLLING. ACCORDING TO OUR REPORTING PARTNERS AT PRO FARMER, THE PLAN INCLUDES TAX CUTS, INFRASTRUCTURE SPENDING AND DIRECT AID TO STATE AND LOCAL GOVERNMENTS. FOR SOME SECTORS IN AGRICULTURE, JOB CREATION WOULD COME THROUGH FREE TRADE AGREEMENTS. AS WE'VE BEEN REPORTING, FREE TRADE AGREEMENTS WITH COLOMBIA, PANAMA AND SOUTH KOREA ARE STILL UN-FINISHED. IT'S BEEN FOUR YEARS SINCE THEY WERE FIRST AGREED UPON. CONGRESS CAN'T VOTE ON THEM UNTIL THE WHITE HOUSE SENDS THEM TO THE HILL FOR A VOTE. STATISTICS RELEASED FROM USDA SHOW THAT THE AGREEMENTS COULD GENERATE 2.5 BILLION DOLLARS ANNUALLY IN ADDITIONAL EXPORTS.

OBAMA NCBA QUOTE:
IN A STATEMENT FROM THE NATIONAL CATTLEMEN'S BEEF ASSOCIATION, PRESIDENT BILL DONALD SAYS - QUOTING HERE, "IF THE PRESIDENT IS SERIOUS ABOUT CREATING JOBS, THERE SHOULD BE NO DOUBT IN HIS MIND THAT THESE TRADE AGREEMENTS MUST BE TO CONGRESS IMMEDIATELY."

ARKANSAS FARM BILL:
WITH CONGRESS NOW BACK IN WASHINGTON, DISCUSSION ABOUT THE 2012 FARM BILL WILL RE-IGNITE. ON WEDNESDAY, THE SENATE APPROPRIATIONS COMMITTEE CONDUCTED ITS "MARK-UP" OF THE LEGISLATION. AS LAWMAKERS FROM BOTH SIDES OF THE CAPITOL FRAME THEIR VERSIONS OF THE BILL, AGRICULTURE KNOWS CHANGES WILL OCCUR. IN THIS REPORT FROM THE ARKANSAS FARM BUREAU, KEN MOORE TELLS US ABOUT A LAWMAKER FROM RICE COUNTRY, WHO WILL HELP WRITE THE BILL.

BTR; COST OF PRODUCTION:
IN OUR BEEF TODAY REPORT, NEW CALCULATIONS FOR FEEDER CATTLE CONTINUE FALL IN THE RED. HIGH FEED COSTS COUPLED WITH HIGH CALF PRICES ARE MAKING MARGINS TOUGH TO PENCIL. NEW FIGURES FROM JUSTIN GLEGHORN OF BROCK THOMPSON TRADING SHOWS STEERS IN THE SIX-75 WEIGHT RANGE ARE LOSING NEARLY 14 DOLLARS PER HUNDRED POUNDS. HEIFERS JUST OVER ELEVEN. GLEGHORN SAYS WITH POOR YIELD EXPECTATIONS FOR THE NATION'S CORN CROP, LIVE CATTLE MARKETS NEED TO RALLY HIGHER IN ORDER TO OFFSET THESE INCREASING INPUT COSTS.

BEEF EXPORTS:
ONE WAY TO LIFT LIVE CATTLE PRICES IS WITH STRONG EXPORTS. NEXT YEAR, THE USDA IS FORCASTING A DROP IN BEEF EXPORTS, DOWN ABOUT 2% TO 4.3 BILLION DOLLARS. THEY SAY INSPITE OF STRONG DEMAND AND HIGH PRICES TIGHT SUPPLIES WILL LIMIT BEEF SHIPMENTS.

BTR; ALAN BRUGLER:
SO FAR IN 2011, IT'S THAT EXPORT DEMAND THAT'S HELPED KEEP PRICES UP. ANALYSTS SAY WITHOUT IT, AMERICAN CONSUMERS HAVE TO PICK UP THE SLACK. YOU CAN GET MANY MORE UPDATES ON THE BEEF INDUSTRY, INCLUDING MARKET AND PRODUCTION INFORMATION FROM OUR PARTNERS AT WWW.BEEFTODAY.COM.

ANALYSIS:
RICHARD BROCK

IN THE COUNTRY; PRODUCE DELIVERY:
AFTER CALIFORNIA, MICHIGAN HAS THE MOST DIVERSITY WHEN IT COMES TO AGRICULTURAL PRODUCTION IN THE COUNTRY. THE STATE CLAIMS 200 DIFFERENT COMMODITIES, RANGING FROM APPLES TO ASPARAGUS. A FARM FAMILY FROM SOUTHERN MICHIGAN IS TAKING ADVANTAGE OF THE ABUNDANCE OF HOMEGROWN GOODNESS. FRANK WAUGH FROM AFFILIATE WNDU-TV IN SOUTH BEND, INDIANA SAYS THEY'RE TAKING IT RIGHT TO THE FRONT DOOR OF THE CUSTOMER.  THANKS FRANK. AGRICULTURE IS THE SECOND BIGGEST INDUSTRY IN MICHIGAN, TOTALLING 71-BILLION DOLLARS IN ANNUAL SALES. TO LEARN MORE ABOUT "TO YOUR DOOR" PRODUCE, GO TO THEIR WEBSITE WWW.TYDPRODUCECOM. UP NEXT, WE CLICK ON THE AGDAY INBOX FOR SOME OF YOUR COMMENTS ABOUT FOOD STAMP USE IN RESTAURANTS.

FOOD SECURITY:
IN FOOD AND YOUR FAMILY NEW DATA FROM THE USDA SHOWS THAT NEARLY ONE IN FIVE CHILDREN NOW LIVE IN HOUSEHOLDS THAT STRUGGLE TO PUT FOOD ON THE TABLE. THE ANNUAL SURVEY OF HOUSEHOLD FOOD SECURTY SHOWS 85.5% OF AMERICAN HOUSEHOLDS WERE FOOD SECURE LAST YEAR. THAT MEANS THEY HAD ACCCESS AT ALL TIMES TO ENOUGH FOOD FOR AN ACTIVE HEALTHY LIFESTYLE FOR ALL FAMILY MEMBERS. ON THE CONTRARY...14.5% OR MORE THAN 17 MILLION HOUSEHOLDS WERE FOOD INSECURE IN 2010. THAT'S ONE OF THE HIGHEST LEVELS RECORDED SINCE MONTORING BEGAN 15 YEARS AGO. HOWEVER, THE NUMBER OF HOUSEHOLDS AT THE BOTTOM, WITH VERY LOW FOOD SECURITY OR FOOD SECURITY WITH HUNGER FELL SLIGHTLY, THANKS FOOD ASSISTANCE PROGRAMS.

FOOD STAMPS:
AND SPEAKING OF... FROM YESTERDAY'S FOOD AND YOUR FAMILY REPORT, WE RECEIVED SEVERAL COMMENTS ABOUT A PROPOSED PLAN THAT WOULD ALLOW RESTAURANTS TO ACCEPT "SNAP" VOUCHERS - OR WHAT WAS KNOWN AS FOOD STAMPS. USDA SAYS THE NUMBER BUSINESSES APPROVED TO ACCEPT FOOD STAMPS GREW BY A THIRD IN THE LAST FIVE YEARS. THE LIST INCLUDES EVERYTHING FROM CONVENIENCE STORES TO GAS STATIONS. NOW SOME RESTAURANTS ARE LOOKING TO GET APPROVED.

INBOX:
FROM THE AGDAY INBOX, VIEWER LYNN JEPSON WRITES "I AM COMPLETELY AGAINST PEOPLE BEING ABLE TO EAT OUT AND BUY CONVENIENCE FOODS AT TAXPAYER EXPENSE", WHICH LYNN CALLS A LUXURY NOT A RIGHT. "PEOPLE ON GOVERNMENT ASSISTANCE SHOULD NEVER BE ABLE TO EAT OUT ON THE TAXPAYERS DIME."  AND FROM DONALD WORTH, WHO WRITES, "I CURRENTLY RECEIVE 32-DOLLARS IN SNAP BENEFITS AND CAN GET AN AVERAGE OF 12 MEALS OUT OF THE BENEFITS. I BARELY MAKE IT THROUGH THE MONTH ON MY FOOD BUDGET AND AM GRATEFUL FOR THE SNAP BENEFITS I DO RECEIVE. GOING TO RESTAURANTS MEANS THOSE 12 MEALS WOULD TURN INTO 6." THANKS DONALD FOR SHARING. AND GOOD LUCK.

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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