AgDay Daily Recap -February 5, 2014

February 5, 2014 01:57 AM
 

TODAY ON AGDAY

FEBRUARY 5, 2014

 

FARM BILL VOTE:

GOOD MORNING I'M TYNE MORGAN IN FOR CLINTON GRIFFITHS. NEARLY 500 DAYS AFTER PREVIOUS LEGISLATION EXPIRED, THE 2014 FARM BILL IS NOW HEADED TO THE PRESIDENT'S DESK.

NACD:

A MUCH SMALLER, BUT STILL VITAL ASPECT OF THE FARM BILL, IS CONSERVATION. IT REPRESENTS 57-BILLION DOLLARS OR ABOUT SIX PERCENT. THAT AMOUNT WAS CUT FROM PREVIOUS LEVELS. THIS NEW LAW REQUIRES FARMERS AND RANCHERS TO MEET A "MINIMUM STANDARD OF ENVIRONMENTAL PROTECTION" IF THEY WANT TO RECEIVE FEDERAL CROP INSURANCE. THAT WAS TOP PRIORITY FOR THE NATIONAL ASSOCIATION OF CONSERVATION DISTRICTS.  AGRI-TALK HOST MIKE ADAMS TALKED WITH THE GROUP'S LEADER DURING THEIR ANNUAL MEETING THIS WEEK.
PEDV CANADA:

A DEADLY PIG VIRUS HAS MOVED ACROSS THE BORDER.  WE REPORTED LATE LAST MONTH THAT CANADA DISCOVERED ITS FIRST KNOWN CASE OF PROCINE EPIDIMIC DIAHREA VIRUS, OR P-E-D-V.

PORK SUPPLIES:

MEANWHILE, TYSON FOODS SAYS IT EXPECTS U-S PORK SUPPLIES TO BE CUT THIS YEAR BY TWO TO FOUR PERCENT. THE COMPANY CITES THE VIRUS AS THE CAUSE. IN TURN, TYSON SAYS IT EXPECTS WHOLESALE PORK PRIES TO RISE. TYSON'S CHIEF OPERATIING OFFICER SAYS HEAVIER HOG WEIGHTS SHOULD HELP OFFSET SOME OF THAT LOSS. AN ESTIMATED 4 MILLION PIGS HAVE ALREADY DIED FROM the VIRUS.  IT'S TURNED UP IN 23 OF THE 50 U-S STATES SINCE APRIL.

WENDY’S GESTATION STALLS:

WENDY'S SAYS IT WILL NOW REQUIRE ITS PORK SUPPLIERS TO GIVE QUARTERLY UPDATES ON THE PROGRESS OF MOVING AWAY FROM SOW GESTATION STALLS.

CROP WATCH:

WHILE MANY OF US ARE TIRED OF THE SNOW, ME INCLUDED, SOME AREAS WEST ARE WELCOMING THE MOISTURE. MIKE HOFFMAN HAS DETAILS IN CROPWATCH.

CATTLE DONATIONS:

ANYONE WHO THINKS ONE PERSON CAN'T MAKE A DIFFERENCE NEVER MET TY LINGER.
THE MONTANA RANCHER INITIATED A GRASSROOTS LIVESTOCK DISASTER PROGRAM THAT HAS GONE GLOBAL. HE DONATED ONE COW, THEN FOUNDED THE "HEIFERS FOR SOUTH DAKOTA" RELIEF EFFORT AFTER AN OCTOBER BLIZZARD KILLED THOUSANDS OF ANIMALS.
SINCE THEN, THE CHARITABLE ORGANIZATION HAS DELIVERED NEARLY TWO MILLION DOLLARS IN RELIEF TO CATTLE PRODUCERS WHO LOST UP TO NINETY-PERCENT OF THEIR HERDS DURING THAT WINTER STORM. CLIFF NAYLOR REPORTS.

SOUTH AMERICA SOYBEANS:

IN AGRIBUSINESS, SOYBEAN PRICES RECEIVED A BOOST THIS WEEK ON REPORTS OF A DETEORIATING SOUTH AMERICAN CROP. THE MARCH SOYBEAN CONTRACT TOPPED 13 DOLLARS.  BUT AN OIL WORLD REPORT DOESN'T EXPECT THAT SUPPORT TO LAST. AS MORE SOUTH AMERICAN CROPS COME ONLINE, OILWORLD THINKS SIGNIFICANT DOWNWARD PRESSURE WILL CAUSE PRICES TO FALL FURTHER. SHIPMENTS HAVE ALREADY BEGUN. BRAZIL IS ESTIMATED TO EXPORT 2 POINT 5 MILLION METRIC TONS OF SOYBEANS IN FEBRARY ALONE.  THAT'S COMPARED TO THE 960 THOUSAND TONS OF SOYBEANS SHIPPED OUT OF BRAZIL LAST FEBRUARY. NOT ALL ANALYSTS AGREE THAT SOYBEAN PRICES HAVE LOST MOMENTUM. CLINTON GRIFFITHS HAS DETAILS IN THIS MORNING'S ANALYIS.

TECH SAVY SENIORS:

YESTERDAY MARKED THE 10-YEAR ANNIVERSARY OF FACEBOOK.  IF YOU JUST JOINED THE CRAZE RECENTLY, THIS MAY SEEM HARD TO BELIEVE. WHEN IT FIRST LAUNCHED, FACEBOOK WAS ONLY GEARED TOWARD COLLEGE STUDENTS. BUT TODAY, 43 PERCENT OF PEOPLE WHO ARE 65 YEARS OF AGE OR OLDER ARE ALSO ON FACEBOOK.  IN THIS REPORT PROVIDED BY U-T INSTITUTE OF AGRICULTURE, CHUCK DENNEY TELLS US HOW THE EXTENSION IS HELPING SENIORS BECOME TECH-SAVVY.

HEMP LEGALIZATION:

IN FOOD AND YOUR FAMILY, A POPULAR PRODUCT USED IN BOTH FABRICS AND FOODS WILL NO LONGER HAVE TO BE IMPORTED. THAT'S BECAUSE THE FARM BILL COULD HELP THE CULTIVATION OF INDUSTRIALIZED HEMP.

KIDS SODAS:

AND SHOULD RESTAURANTS STOP SERVING SODA TO CHILDREN?

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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