Good morning I’m Clinton Griffiths. Soybean groups are celebrating a 30 year relationship with China...a partnership that continues to support grain prices.
While soybean farmers may celebrate the partnership with China, it's sometimes muted by the cancellation of contracts. I recently talked with Alan Brugler of Brugler Marketing and Management about soybean demand from China.
USDA DROUGHT RESPONSE:
In our continuing drought-watch coverage - the White House is stepping-up its response to the current drought crisis. The White House Rural Council is reviewing what steps have been taken and looking at what else is needed by farmers and ranchers impacted.
The latest USDA crop progress report shows the condition of the nation's soybean crop remained fairly steady from last week. Recent rains have spared some fields. 29% is good to excellent. However, 39% is rated as poor to very poor. That's two points worse than during the drought year of 1988.Cotton growers saw a three point decline last week. 41% is good to excellent. Another third is just fair. Just 25% of the sorghum crop is good to excellent. The rice crop shows promise. Nearly 70% is good to excellent. Likewise with this year’s peanut crop.
Cropwatch this morning begins in the southeast. Mike Hoffman has details from the AgDay weather-center.
Following a move by several livestock groups and a portion of congress, now 25 Senators are urging the EPA to waive the renewable fuels standard.
It's estimated as many as 40-million Americans struggle with some form of dyslexia. For them, reading and writing can be extremely frustrating. As scientists work to figure out exactly what causes dyslexia, they're getting help from an unlikely group of kids. In this report provided by the Ohio State University medical center, Clark Powell says children who were born deaf may provide valuable new insights into dyslexia. Clark says about one in six people struggle dyslexia.
FOOD AND YOUR FAMILY:
Pumping iron could help you do more than build those picture perfect muscles. New research from Harvard University shows the physical activity could help men fight off type 2 diabetes. While many fear increase in meat prices will force consumers to forego luxury meals, it seems good quality burgers are still in high demand.