AgDay Daily Recap -May 5, 2014

May 5, 2014 02:57 AM
 

TODAY ON AGDAY

MAY 5, 2014

 

USDA CENSUS:

GOOD MORNING I'M CLINTON GRIFFITHS. IF YOU ENJOY SORTING THROUGH NUMBERS AND DATA, THE AG DEPARTMENT JUST RELEASED THE LATEST CENSUS OF AG AND IT CONTAINS 700 PAGES OF "LIGHT" READING.

CROP WATCH:

FREEZE DAMAGE IN THE BLUEGRASS STATE. AND GREAT MOISTURE IN GEORGIA. BUT FIRST WE START IN CALIFORNIA FOR TODAY'S CROPWATCH.

TTIP NEGOTIATIONS:

NEGOTIATIONS CONTINUE ON A NEW TRANSATLANTIC FREE TRADE AGREEMENT BETWEEN THE U.S. AND EUROPEAN UNION. ALSO KNOWN AS T-TIP. AG SECRETARY TOM VILSACK SAYS THERE'S STILL A LOT TO SORT OUT.

FRANCE PORK BAN:

IN OTHER NEWS, FRANCE SAYS ITS PLANNING TO BAN ALL PORK PRODUCTS, PIGS AND BREEDING MATERIAL FROM THE U.S. CANADA, MEXICO AND JAPAN IN AN EFFORT TO KEEP PEDV OUT OF THE COUNTRY. THE HEAD OF THE FRENCH FARM MINISTRY SAYS THEY'RE WORRIED ABOUT THE ECONOMIC CONSEQUENCES. GLOBALLY, 2013 WAS A RECORD YEAR FOR PORK IMPORTS TO FRANCE, UP 2 PERCENT FROM 2012.

FEEDER CATTLE PRICES:

FEEDER CATTLE PRICES CONTINUE TO TICK EVER HIGHER. LAST WEEK CLOSING THE LATE MONTH CONTRACTS AT OR NEAR 1-90 PER HUNDRED.

UNEMPLOYMENT NUMBERS:

NEW UNEMPLOYMENT NUMBERS OUT TO START THE DAY. THE U.S. ECONOMY ADDED 288-THOUSAND JOBS--DROPPING THE UNEMPLOYMENT RATE TO SIX POINT 3%. ITS NOT ALL GOOD NEWS....THE LABOR PARTICIPATION RATE FELL BELOW 63 PERCENT AS MORE THAN 800-THOUSAND PEOPLE LEFT THE WORKFORCE...THAT'S THE WORST NUMBER OF THE YEAR AND NEAR THREE DECADE LOWS.

ANALYSIS:

LAST WEEK'S TOUR OF WHEAT COUNTRY BROUGHT BACK DISMAL RESULTS. THE WHEAT QUALITY COUNCIL IN KANSAS PEGS THAT STATE'S PRODUCTION AT JUST 33 BUSHELS PER ACRE. WHILE IN OKLAHOMA THE CROP MAY BE 40 PERCENT LESS THAN LAST YEAR. FARM DIRECTOR AL PELL DIGS INTO THE WHEAT SITUATION IN THIS MORNING'S ANALYSIS.

MACHINERY PETE:

NOBODY KNOWS HOW TO 'FORAGE' FOR EQUIPMENT DEALS, LIKE MACHINERY PETE. IN HIS REGULAR MONDAY SEGMENT, PETE TELLS US ABOUT SOME RECENT SALES OF FORAGE EQUIPMENT.

ROSES:

MOM'S BIG DAY MAY INCLUDE A TRADITIONAL FLOWER - THE BEAUTIFUL ROSE. UT AG-RESEARCH IS INVOLVED IN DEVELOPING ROSE VARIETIES FOR THE TENNESSEE NURSERY INDUSTRY AND GARDENERS ACROSS THE COUNTRY. IN THIS REPORT PROVIDED BY THE U-T INSTITUTE OF AGRICULTURE, CHUCK DENNEY HAS MORE ON THIS BLEND OF SCIENCE AND BEAUTY.

KRAFT PRICE:

IN FOOD AND YOUR FAMILY, A POPULAR FOOD BRAND SAYS IT CAN'T CONTINUE TO ABSORB THE RECENT RISE IN COMMODITY PRICES. AND THAT'S WHY IT PLANS TO RAISE THE PRICE ON 45 PERCENT OF ITS PRODUCTS.

BREAKFAST HEALTH:

AND ALL OF OUR EGG AND PORK PRODUCERS WILL LIKE THIS NEXT STORY. WE'VE ALL HEARD THAT BREAKFAST IS THE MOST IMPORTANT MEAL OF THE DAY-- THAT'S NOTHING NEW. BUT THE REAL HEALTH BENEFITS OF STARTING YOUR DAY OFF WITH A MEAL CAN BE STARTLING.

 

 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
 
 
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