AgDay Daily Recap -July 9, 2013

July 9, 2013 04:57 AM
 

TODAY ON AGDAY

JULY 9, 2013

 

MICHIGAN CROPS:

GOOD MORNING I'M CLINTON GRIFFITHS. WITH PLENTY OF MOISTURE IN THE EASTERN CORNBELT, FARMERS ARE NOW LOOKING FOR SOME HEAT.

CROP PROGRESS:

NOW TO THIS WEEK'S CROP PROGRESS REPORT - SIX PERCENT OF CORN IS TASSLED. IT'S USUALLY AT 20-PERCENT BY NOW. IN THE BIG EYE STATES - WE SEE DELAYS IN SILKING. IN ILLINOIS EIGHT PERCENT HAS REACHED THAT STAGE. USUALLY IT'S ABOUT A THIRD OF THE STATE'S CROP. NOW TO SOYBEANS - TEN PERCENT IS BLOOMING, 14 POINTS BEHIND AVERAGE. 67-PERCENT IS RATED AS GOOD TO EXCELLENT.

CROP WATCH:

FROM DROWNED SPOTS IN ILLINOIS TO DRY REGIONS IN COLORADO, MIKE HOFFMAN HAS MORE IN TODAY'S CROPWATCH. GOOD MORNIGN MIKE.

SOUTH KOREA:

WHEAT GROWERS IN THE PACIFIC NORTHWEST CAN NOW GET BACK TO FOCUSING ON PRODUCING GRAIN. SOUTH KOREA HAS LIFTEDI ITS BAN ON U.S. WHEAT IMPORTS. ACCORDING TO DOW JONES, THE COUNTRY FOUND NO UNAPPROVED GMO GRAIN IN RECENT U.S. SHIPMENTS. IT BANNED IMPORTS BACK IN MAY AFTER AN OREGON FARMER FOUND ROUND UP RESISTANT VOLUNTEER WHEAT IN HIS FIELD. KOREA SAYS BIDDING FOR U.S. WHEAT WILL RESUME THIS WEEK.

STINK BUGS:

BROWN MARMORATED STINKBUGS ARE SPREADING THROUGHOUT THE UNITED STATES DAMAGING FRUIT AND VEGETABLE CROPS. WES MILLS HAS MORE ON WHAT USDA RESEARCHERS ARE DOING TO ADDRESS THE THREAT.

FARM INCOME:

AND A NEW STUDY JUST TOOK A LOOK AT FARM INCOME RELATIVE TO INCOME FOR THE REST OF THE U.S. IT FOUND THE AVERAGE INCOME OF U.S. FARM HOUSEHOLDS HAS EXCEEDED THAT OF ALL U.S. HOUSEHOLDS EVERY YEAR SINCE 1996. IT'S CALCULATED USING NET FARM INCOME. THE STUDY SHOWS THAT OVER THE LAST HALF CENTURY, FARM HOUSEHOLD INCOME HAS INCREASED SUBSTANTIALLY COMPARED TO OTHER U.S. HOUSEHOLDS. THE WORST YEARS WERE DURING THE FARM CRISIS OF THE 80'S--FROM 79 TO 84.

LIVESTOCK TRUCKING REGULATIONS:

IN OUR DAIRY TODAY REPORT, A NEW DEPARTMENT OF TRANSPORTATION HOURS OF SERVICE RULE WENT INTO EFFECT JULY FIRST. AND IT HAS THE POTENTIAL TO MAKE A BIG IMPACT ON LIVESTOCK HAULERS.

AMERICAN FARM BUREAU FEDERATION:

THE AMERICAN FARM BUREAU FEDERATION IS STEPPING UP EFFORTS TO STOP THE EPA FROM RELEASING PERSONAL INFO ABOUT FARMERS AND RANCHERS.

PENNSYLVANIA MILK:

PENNSYLVANIA DAIRY PRODUCERS APPEAR TO BE STRUGGLING TO KEEP-UP WITH THE COMPETITION. THAT'S ACCORDING TO ANALYSIS FROM THE PENNSYLVANIA CENTER FOR DAIRY EXCELLENCE. ACCORDING TO USDA,  PENNSYLVANIA RANKS FIFTH IN THE NATION FOR MILK PRODUCTION. BUT SINCE 2008, THE STATE'S MILK PRODUCTION HAS ONLY INCREASED ONE POUND PER COW PER DAY. RESEARCHERS COMPARED PENNSYLVANIA DATA WITH THEIR COUNTERPARTS IN MICHIGAN, MINNESOTA, NEW YORK AND WISCONSIN. SMALL HERDS WITH FEWER THAN 50 HEAD ARE KEEPING PACE. BUT LARGER HERDS ARE TRAILING BEHIND.

READ MORE ABOUT THE STUDY AT DAIRY TODAY DOT COM.

AG EXPORTS:

IN AGRIBUSINESS TODAY -  THE VALUE OF THE U-S DOLLAR APPEARS TO BE GAINING STRENGTH AT THE EXPENSE OF U-S EXPORTS. ACCORDING TO OUR PARTNERS AT PROFARMER, THE VALUE OF U-S AG EXPORTS IN MAY WAS 10-POINT-THREE BILLION DOLLARS. THAT COMPARES TO IMPORTS OF NINE-POINT-FOUR BILLION DOLLARS...WHILE SLIPPING SOME, THE ACCUMULATED SURPLUS FOR F-Y 2013 IS STILL AHEAD OF LAST YEAR. THAT'S THE SMALLEST MONTHLY TRADE SURPLUS SINCE JULY 2007. PROFARMER SAYS WHILE U-S AGRICULTURE MAINTAINS A TRADE SURPLUS AND WILL FINISH F-Y 2013 WITH A SURPLUS, THE RISE IN THE VALUE OF IMPORTS REFLECTS A STEADILY IMPROVING U.S. ECONOMY.  IT ALSO REFLECTS A SLOW RISE IN THE VALUE OF THE U.S. DOLLAR, WHICH COULD POTENTIALLY LIMIT U-S EXPORTS.

ANALYSIS:

SOYBEANS SAW A 25 POINT RALLY MONDAY.  SO WHERE ARE PRICES HEADED THIS YEAR. FARM DIRECTOR AL PELL ASKS THE QUESTION IN THIS MORNING'S ANALYSIS.

AMERICAN MADE:

AFTER JUST CELEBRATING OUR INDEPENDENCE, A RECENT STUDY LOOKED AT THE TOP 25 PATRIOTIC BRANDS. ON THE LIST, AS YOU MIGHT HAVE GUESSED, HARLEY DAVIDSON. AS KENT FADDIS, WITH THE UNIVERSITY OF MISSOURI SHOWS US, A LOCAL SMALL BUSINESS THAT MAKES T-SHIRTS FOR THAT PATRIOTIC COMPANY IS SEEING A JUMP IN DEMAND FROM OVERSEAS.

BLUEBERRY BENEFITS:

BLUEBERRY'S CONTINUE TO GAIN RECOGNITION FOR THEIR HEALTHFUL ATTRIBUTES.

BUT NEW RESEARCH SAYS THE WAY YOU COOK THEM OR DON'T MAY INFLUENCE THE AMOUNT OF BANG FOR YOUR BODY.

AMERICAN BOOZE:

THE AMOUNT OF HOMEGROWN WINES AND LOCALLY-CRAFTED BEER CONTINUES TO GROW IN THE UNITED STATES.  FOOD MARKETING RESEARCH FIRM TECHNOMIC JUST RELEASED SOME NEW NUMBERS.

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
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