AgDay Daily Recap -August 13, 2012

August 13, 2012 05:57 AM
 

TODAY ON AGDAY
AUGUST 13, 2012

USDA PRODUCTION:

Good morning I’m Clinton Griffiths. For the second straight month, USDA chops its forecast for the nation's corn crop. For corn, 'NASS' set its production figures at just about 10.8 billion bushels. That's the smallest since 1995. The national yield was dropped to just over 123 bushels an acre, down 23 bushels from last month. Much of that drought-driven-decline - especially in the western cornbelt - came in the last month.

DROUGHT WATCH:

The impact of the 2012 drought is the most revealing when you look at a state by state breakout of the USDA report. National Reporter Tyne Morgan has details from St. Joseph County, Indiana.

USDA SOY:

Soybeans were chopped as well. Total production came in at 2.7 billion bushels, with a yield of 36 bushels per acre.  That's a 12% drop in soybean production from last year,

SURVEY:

NASS interviewed more than 28,000 producers across the country for this report.  USDA says it also conducts field measurements. As a result, it accounts for about 75% of US production.

CARRYOVER:

Meanwhile the supply and demand report was equally striking. While Wasde found an extra 100 million bushels of old crop carryover, even with big usage cuts from ethanol, feed and exports, ending stocks for corn next September look to be about 650 million bushels. This was in line with predictions. For soybeans, old crop carryover was dropped by 25 million bushels. Coupled with the production numbers, it means 2012-13 leftovers will be 115 million bushels, barely above pipeline requirements.

PROFARMER:

Let's continue our team coverage of Friday’s market moving reports. Profarmer managing editor Brian Grete joins us from the Profarmer studios in Cedar Falls, Iowa.

USDA WHEAT:

Unlike corn and soybeans, all wheat production remains largely unaffected by the drought.  All wheat production is pegged at just under 2.3 billion bushels, up 2% from July and 13% higher than a year ago. The average US all wheat yield is forecast at 46-and-a-half bushels an acre, up nearly a bushel from last month’s estimate.

USDA COTTON:

As far as cotton - USDA set its forecast at 17.7 million bales, up 13% from last year. Yield is expected to average 784 pounds per harvested acre, down 6 pounds from last year.

CROP WATCH:

Cropwatch takes us outside the cornbelt. Meteorologist Cindi Clawson is filling in for Mike Hoffman this morning.

SWINE INFLUENZA:

The CDC reports an increase of a new strain of flu that spreads from pigs to people. CDC says it’s up from 29 cases to 158 last week. A wave of new cases are showing up in Ohio and Indiana. The good news... The flu doesn't seem to be extremely dangerous like the strain in 2009. CDC reports most cases have been mild with no deaths.

INDIANA STATE FAIR:

Meanwhile, the Indiana State fair released all the animals from the swine barn one day early. The fair says it was prompted to do so after six pigs in the 4H show had temperatures over 105 degrees. It's still investigating the exact cause of the fevers. So far there have been no cases of illnesses in people.

CATTLE VACCINE:

To help prevent food-borne illnesses, researchers are turning to a cattle vaccine. New research shows E. coli can be reduced by more than 50% using two does of a commercial cattle vaccine. The study at Kansas State University shows reducing the vaccine from three doses to two, also reduces the cost for cattle producers. The research was done in a feedlot setting on more than 17 thousand cattle.

JUNIOR GARDNERS:

Gardening is hugely popular in the US - with nearly 100 million households doing horticultural work last year. That's mostly adults, but green thumbs aren't just limited to the over-21 crowd.  The University of Tennessee extension recently held a junior master gardener camp. As Chuck Denney reports, kids learn about their food supply, and what it takes to bring something to life.

FOOD AND YOUR FAMILY:

In food and your family, the National Cattlemen's Beef Association is headed back to court.

This time it’s fighting to protect its relationships with the Beef Checkoff program. With the number of people on food stamps ballooning, the USDA says it’s going to start cracking down on abuse.

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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