AgDay Daily Recap -November 26, 2013

November 26, 2013 03:57 AM
 

TODAY ON AGDAY

NOVEMBER 26, 2013

 

SNOW FALL:

GOOD MORNING I'M CLINTON GRIFFITHS. PARTS OF THE COUNTRY GET SOME BADLY NEEDED MOISTURE. BUT FOR HOLIDAY TRAVELERS IT COULDN'T COME AT A WORSE TIME.

CROP WATCH:

LET'S CHECK IN WITH METEOROGIST MIKE HOFFMAN WITH YOUR FIRST WEATHER IN FARM COUNTRY.

CROP PROGRESS:

THE FINAL SCHEDULED CROP PROGRESS UPDATE OF THE SEASON CAME OUT MONDAY AFTERNOON. IT SHOWS THE WINTER WHEAT CROP IS HEADING INTO DORMANCY IN MOSTLY DECENT SHAPE. OVERALL 62-PERCENT IS RATED GOOD TO EXCELLENT. IN SOME OF THE KEY STATES - KANSAS IS 63-PERCENT, OKLAHOMA 77-PERCENT IS GOOD, MONTANA 56-PERCENT BUT TEXAS IS JUST 32-PERCENT GOOD TO EXCELLENT. ANOTHER 40-PERCENT IS FAIR. COTTON HARVEST REACHED 78-PERCENT, FIVE POINTS BEHIND THE FIVE YEAR AVERAGE. THE BIGGEST DELAYS SEEMS TO BE TENNESSEE WITH 68-PERCENT PICKED, USUALLY IT'S NEARLY FINISHED BY NOW. AND CORN HARVEST HAS ALL BUT WRAPPED-UP. IT'S FOUR POINTS OF AHEAD OF AVERAGE. IN THE TOP 18 STATES, ONLY KENTUCKY, MICHIGAN AND WISCONSIN ARE A BIT BEHIND.

NORTH DAKOTA CORN:

NORTH DAKOTA FARMERS WHO HAVE CORN THAT'S DRY ENOUGH TO COMBINE ARE REPORTING GOOD YIELDS. THE CUTTING OF THAT ROW CROP HAS BEEN PUSHED BACK A MONTH TO SIX WEEKS TO ALLOW IT MORE TIME TO DRY DOWN. BUT TIME IS RUNNING OUT FOR PRODUCERS TO COMPLETE THE HARVEST BEFORE WINTER SETS IN.

LAND OWNER PURCHASES:

DESPITE THE FORECAST OF TIGHTENING PROFIT MARGINS NEXT YEAR - THANKS TO FALLING CORN AND SOYBEAN PRICES - A NUMBER OF PROFARMER NEWSLETTER SUBSCRIBERS SAY THEY'LL BE IN THE MARKET FOR FARMLAND.

COLD STRESS:

WITH THIS COLD BLAST STRETCHING ACROSS THE COUNTRY,  OUR PARTNERS AT DAIRY TODAY ARE OFFERING SOME COLD-WEATHER TIPS FOR PRODUCERS.

MILK P0RODUCTION:

MILK PRODUCTION IS ABOUT ONE PERCENT HIGHER THAN A YEAR AGO. THE OCTOBER USDA MILK DATA SHOWS PRODUCTION IN THE TOP 23 PRODUCING STATES REACHED 15-AND-A-HALF BILLION POUNDS. KANSAS SAW THE BIGGEST PERCENTAGE INCREASE - UP MORE THAN SIX PERCENT. CALIFORNIA LEADS IN PRODUCTION.IT HAD A TWO PERCENT INCREASE FROM THIS TIME LAST YEAR. IDAHO - WHICH HAS SEEN SUBSTANTIAL DAIRY GROWTH THE PAST TWO YEARS DROPPED-OFF NEARLY THREE PERCENT.

ANALYSIS:

AFTER A RALLY SEVERAL WEEKS AGO, WHEAT MARKETS HAVE TEMPURED AS OF LATE.

WITH NEXT YEAR'S CROP ALREADY IN THE GROUND, PRODUCERS HAVE PLENTY TO THINK ABOUT. FARM DIRECTOR AL PELL DISCUSSES WHEAT AND MARKET DIRECTION IN THIS MORNING'S ANALYSIS.

WINE SALES:

THE GROWING ECONOMY IN CHINA IS APPARENTLY PUTTING A DRAIN ON THE GLOBAL WINE SUPPLY. ACCORDING TO MARKET ANALYSTS, CHINA HAS DOUBLED ITS CONSUMPTION NOT ONCE, BUT TWICE IN THE PAST FIVE YEARS. IT'S NOW THE FIfth-LARGEST IMPORTER OF WINE. CONSUMPTION IN THE U-S HAS ALSO SEEN A BIG JUMP. BUT ACCORDING TO THE INTERNATIONAL ASSOCIATION OF WINE AND VINE, WORLD PRODUCTION HAS NOT MANAGED TO KEEP PACE.   NATIONAL REPORTER TYNE MORGAN SAYS AMERICAN GROWERS HOPE NEW WORLD WINERIES COULD FILL ANY GAP IN DEMAND FOR WINE.

KITCHEN SAFETY:

IF YOU'RE DOING ANY LAST MINUTE SHOPPING FOR YOUR THANKSGIVING SUPPLIES, YOU MAY WANT TO THINK TWICE ABOUT A DISPOSABLE PAN.

GE SALMON:

GENETICALLY MODIFIED SALMON TAKE ANOTHER STEP CLOSER TO REALITY...AT LEAST IN CANADA.

 

 


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
  
      
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