Good morning I’m Al Pell in for Clinton Griffiths. The effects of the summer drought are showing-up in the dairy industry as producers make deep cuts in their herds.
CATTLE ON FEED:
Meanwhile there was a slight dip last month in the cattle on feed report. USDA says the number of cattle and calves on feed for slaughter is down 1% from a year ago, coming in at 10.6 million head. Placements during August totaled 2 million, down 11% below 2011. USDA says this is the second lowest cattle placements for the month of august since the series began in 1996. Marketing’s of fed cattle are down 5% below 2011.
WINTER WHEAT DELAYS:
USDA's joint AG weather facility says on the plains, widespread soil moisture shortages are delaying winter wheat planting,
In Louisiana, it's not drought, but too much water. Citrus growers were hit hard by hurricane Isaac. The crop suffered significant damage from the storm's rain, wind and floodwater. LSU Agcenter correspondent Tobie Blanchard visited a grower in Plaquemines Parish.
Late last week, USDA released its annual citrus summary for the marketing year which just ended. The AG department says total production is down from the previous year, but up about 6% in value. Florida accounts for 65% of citrus production, California totals 32%.
Some Wisconsin farmers are trying to coax one more hay cutting, but it's been tough. Mike Hoffman has details in cropwatch.
While Congress didn't finish the farm bill prior to the election break, lawmakers also left before working on a trade issue with Russia. Last month, the World Trade Organization welcomed Russia to the WTO. However the United States has yet to grant Russia "permanent normal trade relations' - or PNTR.
WORLD TRADE ORGANIZATION:
WTO mandates all countries approve that trade status to its members. Without it, U.S. exporters will not have access to the full benefits of the country's membership. Committees in both the house and senate have approved measures to grant PNTR to Russia but action has yet to happen in either full chamber.
OUTDOORS ON THE FARM:
Our regular viewers probably know that ProFarmer's Chip Flory is an avid outdoorsman. He always looking to find ways that farmers use their land other than for crop production. In today's edition of outdoors on the farm, chip has some tips on creating a pond that is a perfect outdoors attraction for wildlife.
FOOD AND YOUR FAMILY:
In food and your family - global food prices are on the rise, fueled by the U.S. drought and water scarcities in South America and Russia. That’s the bottom line of a report released last week by RaboBank. Their analysts say what economists have been saying for months - - increasing commodity prices are likely to put pressure on the livestock industry.