AgDay Daily Recap -November 29, 2012

November 29, 2012 04:57 AM

NOVEMBER 29, 2012


Good morning I’m Clinton Griffiths. A major shift is taking place in China's aquaculture industry - and that move is having an impact on U.S. soybean growers.


USDA researchers have figured out the science behind the genetic make-up of bread wheat.

Let's check in with Mike Hoffman who has field comments from farmers from Nebraska to the Florida panhandle, Mike.


In our Beef Today report, a federal judge is recusing himself from the defamation lawsuit against ABC. ABC is being sued for 1.2 billion by Beef Products Inc. over its coverage of lean finely textured beef. The judge says his daughter in law works as a producer on ABC's Good Morning America. While those battles are just beginning many ranchers are fighting just to hang on to the herd. Drought and dry weather continue to force liquidations and sales. The recent cattle on feed report shows numbers well below year ago levels. For analysts, like Jim Bower, the numbers indicate support for the market.


Climatologists in Nebraska don't have much hope for a change in the weather. Nebraska state climatologist Al Dutcher tells Brownfield, forecasts are not calling for any significant increase in precipitation this winter. Without it, he says it's going to take an extremely wet spring to start reducing drought.


In agribusiness today - DuPont pioneer is making a major investment in Ukraine. The company announced its building a seed production facility in the city of Stasi.  It’s a 40-million dollar investment. DuPont pioneer says it plans to have the facility operational for the 2013 season. This site will specialize in corn, sunflower and rap-seed hybrids.


From Ukraine to South America, America’s farmers are paying closer attention to what happens outside our borders - and for good reason. While many in this country monitor Brazil and Argentina, there are other South American countries showing growth in agriculture. Farm Director Al Pell has more in analysis.


Even while fighting off a post-Thanksgiving daze--brought on by a calorie induced coma--I saw Christmas decoration emerging from boxes. And first arrive, the family Christmas tree. So while we were busy decking the halls at our home, our nation’s capital did some decking of its own. Fresh from the Forrest of Colorado, the 2012 U.S. capitol Christmas tree arrived safe and sound in Washington D.C. USDA's Bob Ellison has more. And if you enjoyed that, be sure to tune in to our holiday special, Christmas in the Country. We'll be taking a closer look at the story behind this story, with a trip to forest where the tree was harvested and introduce you to the characters who cut it down.


More than likely you're just finishing the leftovers from Thanksgiving. One more sandwich and that bird is done! Well a few Missouri students are back in class after learning a few life lessons over the holidays.


Speaking of the holidays, there is no shortage of candy on store shelves this season, and this seems to be tempting children and adults.



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