AgDay Daily Recap -January 8, 2013

January 8, 2013 04:57 AM
 

TODAY ON AGDAY
JANUARY 8, 2013

BELTWIDE:

GOOD MORNING I'M CLINTON GRIFFITHS. AS THE COTTON INDUSTRY GATHERS THIS WEEK FOR ITS NATIONAL CONVENTION, SOME OF THE DISCUSSION FOCUSES ON CHINA.

USDA REPORTS:
ON FRIDAY USDA RELEASES ONE OF ITS BIGGEST REPORTS OF THE YEAR. IT'S THE FINAL BUSHELS AND ACREAGE TALLY FROM 2012 AND IS OUR FIRST HARD NUMBER FOR WINTER WHEAT SEEDINGS. MARKET EXPERTS SAY THESE NUMBERS INCLUDING FEED AND RESIDUAL USE AND ENDING STOCKS COULD HAVE A BIG IMPACT ON MARKETS MOVEMENT HERE IN 2013.

ORGANIC SEED GROWERS:

LATER THIS WEEK ORGANIC FARMERS WILL FACE OFF AGAINST SEED GIANT MONSANTO. THE TWO MEET AT THE U.S. COURT OF APPEALS FOR THE FEDERAL CIRCUIT IN WASHINGTON ON THURSDAY.

SMITHFIELD HOG OPERATION:

ONE OF THE NATIONS LARGEST PORK SUPPLIERS IS ON TRACK TO ELMINATE GESTATION STALLS. SMITHFIELD FOODS SAYS ITS NOW CONVERTED NEARLY 40% OF ITS COMPANY OWNED FARMS TO GROUP HOUSING SYSTEMS.

CROP WATCH:
LET'S GET YOUR FIRST LOOK AT FARM COUNTRY WEATHER. HERE'S MIKE HOFFMAN.

FUTURE FARM:

IN OUR DAIRY TODAY REPORT, AS FARMERS ITS NOT UNCOMMON TO HAVE LEFT OVER RESOURCES. WHETHER IT'S THE MANURE IN THE PEN OR WASH WATER, THERE ARE PLENTY OF OPPORTUNITIES TO RECLAIM THOSE RESOURCES AND PUT THEM BACK TO WORK. AS THE WISCONSIN DAIRY NEWS SHOWS US, IT'S WORKING WELL FOR ONE FAMILY IN BALDWIN WISCONSIN.

ANALYSIS:

IN AGRIBUSINESS TODAY - IT'S NOT UNSUAL FOR CHINA TO CANCEL SOYBEAN CONTRACTS. WE'VE SEEN IT BEFORE.  THEY BUY AT A CERTAIN PRICE, THEY SUBSEQUENTLY CANCEL THE ORDER, AND THEN BUY AGAIN WHEN THE PRICE IS LOWER. BUT NOW, THE LOW LEVELS ON THE MISSISSIPPI RIVER COULD BE PLAYING A ROLE AS WELL. FARM DIRECTOR AL PELL HAS DETAILS IN AN ANALYSIS.

OKLAHOMA PORK:

FOR 18 YEARS, THE NATIONAL PORK BOARD HAS HONORED FARMING OPERATIONS THAT TAKE ENVIRONMENTAL STEWARDSHIP TO A NEW LEVEL. TODAY'S HONOREE IS A FARROW-TO-WEAN FARM IN CENTRAL OKLAHOMA. IN THIS VIDEO PROVIDED BY THE PORK CHECKOFF, CINDY CUNNINGHAM TELLS US  ABOUT THE EFFORTS OF TRAIL'S END FARMS. BECAUSE OF ITS NATURAL HABITAT, TRAIL'S END FARM IS OFTEN A HOST FOR THE GRAND NATIONAL QUAIL HUNT. TRAIL'S END AND THE OTHER THREE RECIPIENTS WILL BE HONORED AT THE NATIONAL HOG FORUM IN MARCH.

FOOD STAMP RECORD:

THE YEAR END NUMBERS FOR THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM ARE IN. IN FISCAL YEAR 2012, THE U.S. TAX PAYERS SPENT A RECORD 80 POINT 4 BILLION DOLLARS ON FOOD STAMPS.

MOM TRUST:

AND WHO DO YOU TRUST FOR FOOD INFORMATION? A NEW STUDY SHOWS THAT MORE AND MORE MOMS ARE TURNING TO BLOGS AND WEBSITES FIRST.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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