TODAY ON AGDAY
DECEMBER 21, 2017
HEADLINES
“I HAVE TO SAY THAT THIS IS AN HISTORIC NIGHT.” DETAILS ON WHAT IT MEANS FOR FARM COUNTRY. IN AGRIBUSINESS...CATTLE MARKETS. PLUS, WENDY’S PLANS CHANGES TO THE BEEF ON ITS MENU. AND IT’S LIGHTS, CAMERA, ACTION - IN THE KITCHEN - FOR THIS 4-H’ER. AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.
TAX REFORM PASSES
“ON THIS VOTE, THE YAYS ARE 224 AND THE NAYS ARE 201. THE MOTION IS ADOPTED. WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID UPON THE TABLE.” (CHEERINGS)> GOOD MORNING I’M CLINTON GRIFFITHS. SO WHAT DOES IT ULTIMATELY MEAN FOR THE AG INDUSTRY. THERE HAVE BEEN PLENTY OF QUESTIONS AND SPECULATION WHILE WAITING ON THE FINAL LANGUAGE OF THE $1.5 TRILLION TAX PACKAGE. THAT BILL IS NOW HEADED FOR THE PRESIDENT’S DESK. FARM CPA AND TAX EXPERT PAUL NEIFFER SAYS THESE ARE THE HIGHLIGHTS: THE CORPORATE TAX RATE IS NOW 21 PERCENT-- DOWN FROM 35. HOWEVER, NEIFFER SAYS MOST FARMERS ONLY PAY 15 PERCENT SO THIS MAY BE AN ADJUSTMENT HIGHER DEPENDING YOUR SET UP. NEXT, FARMS CAN FULLY DEDUCT ALL FARM ASSETS PURCHASED BETWEEN SEPTEMBER 28, 2017 AND DECEMBER 31, 2022 SECTION 179 IS SET AT $1 MILLION DOLLARS. NEIFFER SAYS THERE’S ALMOST AN AUTOMATIC 20 PERCENT DEDUCTION FOR NET FARM INCOME. THE BILL DOUBLES THE LIFETIME ESTATE TAX EXEMPTION TO $11.2 MILLION IN 2018. NEARLY ALL FARMERS WILL BE ABLE TO DEDUCT ALL OF THEIR INTEREST EXPENSE. NET OPERATING LOSSES CAN ONLY BE CARRIED BACK 2 YEARS AND CAN ONLY OFFSET 80 PERCENT OF INCOME GOING FORWARD. MEALS ARE ONLY 50 PERCENT DEDUCTIBLE FOR FARMERS WHO PROVIDE MEALS TO EMPLOYEES ON-SITE NO MORE DOMESTIC PRODUCTION ACTIVITIES DEDUCTION -- OR DPAD-- AND SECTION 10-31 EXCHANGES ARE APPLICABLE TO REAL-ESTATE ONLY. NEIFFER RECOMMENDS YOU TAKE TIME TO SIT DOWN WITH A TAX PROFESSIONAL AND FIND OUT WHAT THIS WILL MEAN SPECIFICALLY TO YOUR OPERATION. “STOCK MARKET IS UP. OPTIMISM IS HIGH. COUPLED WITH THIS TAX REFORM, AMERICA IS READY TO START PERFORMING AS IT SHOULD HAVE FOR A NUMBER OF YEARS.""THE DEMOCRATS HAVE SAID THAT THE AMERICAN PEOPLE WILL REMEMBER THIS NIGHT. I HOPE THEY DO. BECAUSE WE PASSED ONE OF THE MOST IMPORTANT TAX BREAKS IN THIS COUNTRY’S HISTORY."PRESIDENT DONALD TRUMP IS CELEBRATING THE FINAL PASSAGE OF THE REPUBLICAN TAX BILL, CALLING IT A “HISTORIC VICTORY FOR THE AMERICAN PEOPLE.” SPEAKING AT HIS LAST CABINET MEETING OF THE YEAR, THE PRESIDENT SAID THE BILL PROVIDES “A TREMENDOUS AMOUNT OF RELIEF FOR THE MIDDLE CLASS,” . WHILE THE PRESIDENT CELEBRATES THE MAJOR LEGISLATIVE VICTORY WEDNEDAY, THE OFFICIAL SIGNING CEREMONY WILL TAKE PLACE AT A LATER DATE. “WE’RE BRINGING THE ENTREPRENEUR BACK INTO THIS COUNTRY. WE’RE GETTING RID OF ALL THE KNOTS AND ALL THE TIES AND WE’RE GOING TO SEE, YOU’RE GOING TO SEE YOU, GOING TO SEE WHAT HAPPENS AND ULTIMATELY WHAT DOES IT MEAN. IT MEANS JOBS, JOBS, JOBS, JOBS. SO IT’S GOING TO BE REALLY A VERY SPECIAL PERIOD OF TIME WE’RE IN A VERY SPECIAL PERIOD OF TIME AND IT’S GOING TO BE EVEN MORE SO.” THANKS TO THIS IMPORTANT, HISTORIC PIECE OF LEGISLATION, I THINK ALL OF THE INCENTIVES AND THE PIECES ARE IN PLACE FOR THE AMERICAN ECONOMY TO TAKE OFF."TWELVEHOUSE REPUBLICANS DID NOT VOTE IN FAVOR OF THE TAX BILL. MOST OF THEM REPRESENT URBAN HIGH-TAX STATES, LIKE NEW YORK, NEW JERSEY AND CALIFORNIA. VOTERS IN THOSE STATES COULD SEE THEIR TAXES GO UP DUE TO A CAP ON STATE AND LOCAL TAX DEDUCTIONS. NO REPUBLICAN SENATORS VOTED AGAINST THE PLAN.
DISASTER RELIEF PACKAGE
THE HOUSE IS PROPOSING A 81 BILLION DOLLAR DISASTER RELIEF PACKAGE WHICH COULD BENEFIT THOSE IMPACTED BY HURRICANES AND FIRES THIS YEAR. IF PASSED, IT INCLUDES SOME PROVISIONS FOR OTHER PARTS OF AG. THE PACKAGE -NEARLY TWICE THE AMOUNT THE WHITE HOUSE PROPOSED - INCLUDES A PROVISION FOR COTTON GROWERS WHICH WOULD ALLOW COTTON GROWERS ACCESS TO THE PLC SAFETY NET PROGRAM. THE BILL COULD SET A REFERENCE PRICE OF 36.7 CENTS PER POUND FOR ‘SEED COTTON’ WHICH THE BILL DEFINES AS ‘UN-GINNED UPLAND COTTON THAT INCLUDES BOTH LINT AND SEED.’ GROWERS SAY A NEW SAFETY NET IS NEEDED. “WE NEED SOME TYPE OF SAFETYNET AND THE REGULAR CROP INSURANCE IS NOT DOING THAT. AS IT DID SEVERAL YEARS AGO,"MICHIGAN DEMOCRATIC SENATOR DEBBIE STABENOW SAYS SHE’S NOT IMPRESSED WITH THE FARM BILL FIXES IN THE DISASTER BILL WHICH COULD REMOVE A 20 MILLION DOLLAR CAP ON LIVESTOCK INSURANCE POLICIES. SHE BELIEVES THE BILL MISSES AN OPPORTUNITY TO REPAIR HTE BROKEN DAIRY SAFETY NET.
STATUS OF NAFTA 2.0
ALSO ON THE HILL SENATOR CHUCK GRASSLEY OF IOWA MEETING WITH U.S. TRADE REPRESENTATIVE ROBERT LIGHTHIZER ABOUT THE STATUS OF NAFTA 2.0 RENEGOTIATIONS. DEAL-MAKERS FROM THE THREE NAFTA COUNTRIES WILL RE-CONVENE IN LATE JANUARY. THE SENATOR TELLING LIGHTHIZER NIXING A NAFTA AGREEMENT IS NOT AN OPTION FOR U.S. FARMERS. “I HOPE THERE IS NEVER A BACKUP PLAN BECAUSE THERE SHOULDN’T BE A NEED FOR A BACKUP PLAN BECAUSE IT WOULD BE CATASTROPHIC FOR THE PRESIDENT TO PULL OUT OF NAFTA."WE DON’T WANT LOWER PRICES. THAT’S WHY IT’S VERY VERY IMPORTANT. AS I TOLD LIGHTHIZER YESTERDAY WITHOUT GOING INTO ALL THIS STUFF ABOUT A BACK-UP PLAN, THAT IT WOULD BE CATASTROPHIC TO AGRICULTURE IF THE PRESIDENT WOULD PULL OUT. DON’T LET IT HAPPEN."THE SIXTH ROUND OF NEGOTIATIONS OVER NAFTA IS SCHEDULE TO TAKE PLACE IN MONTREAL ON JANUARY 23.
SOYBEAN QUALITY CONTROL
SOYBEANS MAKE GET A CLOSER INSPECTION GOING FORWARD...ESPECIALLY IF THEY’RE GOING TO CHINA. U.S. OFFICIALS SAY THEY WILL IMPOSE STRICTER QUALITY CONTROL ON SOYBEAN EXPORTS TO CHINA AT A REQUEST OF BEIJING. THE GOVERNMENT THERE SAYS IT’S CONCERNED ABOUT FOREIGN MATERIAL LIKE WEED SEED FINDING ITS WAY TO CHINA. THE MOVE COULD STOP OR SLOW DOWN SOME AMERICAN SHIPMENTS. THE NEW STANDARD SETS IMPURITY LEVELS BELOW ONE PERCENT--HALF CURRENT LEVELS. LOADS WITH HIGHER FOREIGN MATERIAL WILL NEED FURTHER CLEANING BEFORE BEING SHIPPED. THE CHANGES START JANUARY FIRST.
CROP COMMENTS
MIKE HOFFMAN JOINS US ONCE AGAIN ON THIS FIRST DAY OF WINTER. HE HAS TODAY’S CROP COMMENTS AND WIND FORECAST. GOOD MORNING, CLINTON. SOME FOLKS IN FARM COUNTRY ARE SURE GETTING INTO THE CHRISTMAS SPIRIT. RYAN HEINIGER IN DES MOINES COUNTY, IOWA SAYS HIS KIDS ARE HAVING A LITTLE FUN WITH THEIR 4-H HEIFER WHILE WAITING IN LINE FOR THE WEIGH-IN LAST SATURDAY! AND NOW HERE ARE SOME HOMETOWN TEMPS. FARM JOURNAL ON AIR IS THE GO-TO APP FOR AMERICAN AGRICULTURE. AGDAY, AGRITALK, U.S. FARM REPORT AND MORE - 24/7 ACCESS TO ALL OF YOUR FAVORITE SHOWS. TV AND RADIO...IN YOUR HANDSON DEMAND. FARM JOURNAL ON AIR - DOWNLOAD THE APP TODAY.
TEASE
WHEN WE COME BACK WE’LL CHECK THE HOLIDAY CATTLE MARKETS AND DISCUSS DIRECTION EXPECTATIONS FOR 2018. IN DROVERS T-V - FAST-FOOD GIANT WENDY’S MAKING SOME CHANGES TO ITS RECIPE FOR SUCCESS.” PLUS COOKIN’ FOR THE HOLIDAYS. “I’M CHARLES DENNEY. A TENNESSEE 4H’ER HAS HER OWN COOKING SHOW ON LOCAL TV AND SHE’S WHIPPING UP SOME HOLIDAY TREATS. THAT STORY COMING UP ON AGDAY.” AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING. FARMER-FIRST, WITH A PLAN FOR EVERY MARKET.
FLOOR OF THE CME
RECEIVE A FREE TRIAL OF THE DAILY GRAIN PLAN NEWS LETTER FROM ROACH AG MARKETING. TEXT ROACH TO 31313. START YOUR SUBSCRIPTION BY TEXTING ROACH TO 31313. IN AGRIBUSINESS WHEAT MARKETS HELPING TO LEAD CORN HIGHER DURING EARLY TRADE. LETS SEE HOW THINGS CLOSED ON THE FLOOR OF THE CME IN CHICAGO. HOG PRICES WERE RISING AND THAT REALLY GOT THE MARKET UP OFF THE GROUND AND ACTUALLY IT OPENED HIGHER. IT CAME BACK DOWN AND THEN WENT HIGHER STILL SO THE MARKET IS STILL LOOKING VERY STRONG. THE DEMAND REALLY REMAINS STRONG IN SPITE OF THE FACT THAT THE SWOLLEN HOG SUPPLY IT REALLY HAS BEEN AMAZING OVER THE LAST COUPLE OF WEEKS THAT WE KNOW THAT THE HOG WEIGHTS HAVE BEEN HIGHER. THE HERDS HAVE BEEN BIGGER. ALL OF THAT THE SUPPLY CHAIN HAS BEEN FULL AND YET THE MARKET STILL REMAINS PRETTY STRONG. THE PORK CUT OUTS WERE HIGHER AND YOU KNOW THAT’S REALLY WHAT HAS HELPED THE MARKET AS WELL. I MEAN RIGHT NOW THERE’S BEEN A BIGGER DEMAND FOR THE FRESH CUTS IN THE RIBS AND ALL THAT AND PERHAPS WITH THE COLDER WEATHER AS WE APPROACH THE HOLIDAY SEASON THAT MIGHT BE REALLY WHAT’S HELPING THE MARKET. SO FOR NOW THE MARKET LOOKS GOOD EVEN THOUGH WE’RE IN A LITTLE BIT OF A CHANNEL. IT IS STRONG AND WE EXPECT TO SEE A LOT MORE CHOPPY MARKET JUST THE WAY IT IS NOW FOR THE NEXT COUPLE OF WEEKS. CERTAINLY TO THE END OF THE YEAR. THAT’S ALL FROM THE FLOOR AT THE CME GROUP HERE IN CHICAGO. I’M VIRGINIA MACGATHEY.
AGRIBUSINESS
HERE AT THE AGRIBUSINESS DESK TODAY WE HAVE A ELAINE KUB AUTHOR OF MASTERING THE GRAIN MARKETS WHAT WILL TAKE GRAIN SAY LET’S START CATTLE THE CATTLE MARKETS AS WE’VE ENDED THIS YEAR HAVE BEEN INTERESTING TO WATCH TO SAY THE LEAST. ABSOLUTELY. THEY’VE BEEN KIND OF WILD SINCE NOVEMBER 1ST. THE LIVE CATTLE FUTURES HAVE FALLEN ALMOST 10 PERCENT. I WANT TO SAY THAT HAS BEEN SURPRISING I THINK GIVEN THE ACTUAL STRENGTH IN THE CASH MARKET. SO THAT’S BEEN TOO BAD TO SEE THAT BUT I THINK FINALLY THIS WEEK THEY’VE SORT OF FOUND A LEVEL JUST BELOW 120 WHERE THEY MIGHT STABILIZE AND I THINK THAT’S SOMETHING THAT WE SHOULD REALLY LOOK FOR IN THE NEXT FEW WEEKS OR CERTAINLY IN THE NEXT FEW MONTHS AS THE PACKERS THE WEIGHTS OF THE CATTLE ACTUALLY COMING INTO THE PACKERS WILL START TO FALL DURING THE WINTER. SO I THINK THERE’S POTENTIAL FOR SOME BULLISH MOVEMENT IN THESE LIVE CATTLE CONTRACTS EVEN AS WE START 2018 AND THIS HERD CONTINUES TO GROW. AS YOU LOOK A LITTLE FURTHER OUT INTO 2018 WHAT ARE YOU SEEING ON THE HORIZON. YEAH LONG TERM THE GOOD NEWS IS THESE PRICES ARE NOT BAD. FIRST OF ALL COMPARING THEM YEAR OVER YEAR. SURE THEY’RE FINE. AND I THINK THAT TREND THAT LONGER TERM TREND SHOULD CONTINUE. BECAUSE WHEN YOU THINK OF THE RETAIL CUSTOMER NOT JUST IN THIS COUNTRY BUT IN MOST OF THE DEVELOPED COUNTRIES EUROPE JAPAN ESPECIALLY THE GLOBAL ECONOMIC STRENGTH HAS BEEN COMING FROM DEVELOPED COUNTRIES MORE THAN THE DEVELOPING COUNTRIES. SO A PREMIUM PRODUCT LIKE BEEF THAT THE GOOD PRIME CUTS OF MEAT THAT’S WELL POSITIONED TO TAKE ADVANTAGE OF THIS GLOBAL ECONOMIC RECOVERY. YOU DON’T THINK PRESSURE FROM THE REST OF THE PROTEIN SECTOR IS GOING TO EAT INTO THE PRICE AT ALL OR IS IT KIND OF ALL BOATS RISE HERE. I THINK YOU’RE POINTING TO A REALLY INTERESTING POINT THERE WHEN THE WHEN THE GROCERY STORE A CUSTOMER GOES TO THE RACK AND DOES SEE PROBABLY CHEAPER PORK AVAILABLE BECAUSE OF THE SUPPLY STORY THE VERY LARGE SUPPLY OF HOGS THAT WE HAVE IN THIS COUNTRY. THAT IS SOMETHING THAT COULD LIMIT THE UPSIDE CERTAINLY FOR BEEF CODE. ONE THING THAT YOU’RE WATCHING FOR A LIMIT. OK. THANK YOU ELAINE APPRECIATE IT. WE’LL BE BACK AND MORE AGDAY IN JUST A MINUTE. AGDAY - BROUGHT TO YOU BY PROSARO FUNGICIDE FROM BAYER.
WEATHER
WELCOME BACK TO AGDAY METEOROLOGIST MIKE HOFFMAN HERE ON THIS FIRST DAY OF WINTER. AND WE DO HAVE SNOW IN THE FORECAST IN PARTS OF THE COUNTRY. YEAH WE DO A COUPLE OF SYSTEMS AS YOU CAN SEE THERE THE REAL COLD AIR IS THAT COLD FRONT IN WESTERN CANADA RIGHT NOW AND THAT ARCTIC AIR WILL SLOWLY SPREAD SOUTH THAN ANY STOVER TAKING MOST OF THE LOWER 48 BY NEXT WEEK. SO THIS IS GOING TO BE A VERY COLD BLAST OF AIR. FOR MOST OF THE LOWER 48 THROUGH CHRISTMAS WEEK. HERE’S THE WAY THINGS LOOK THIS MORNING. LIKE CLINTON SAID AN AREA OF SNOW THERE IN THE WESTERN GREAT LAKES AN AREA OF SNOW IN THE CENTRAL PORTIONS OF THE ROCKIES PUTTING THE MAPS INTO MOTION. YOU CAN SEE WE ALSO HAVE A COLD FRONT IN CENTRAL FLORIDA MOVING INTO SOUTHERN FLORIDA AND NOT MUCH MOISTURE WITH THAT BUT A FEW HIT AND MISS SHOWERS AND THUNDERSTORMS AND THEN YOU CAN SEE THE SNOW SPREADS THROUGH THE CENTRAL AND NORTHERN PORTIONS OF THE GREAT LAKES BY LATER TODAY. KIND OF SNOW COMING TO AN END IN THE CENTRAL ROCKIES. BUT SNOW DEVELOPING WITH THAT REALLY COLD BLAST OF AIR IN THE NORTHERN ROCKIES AS WE HEAD THROUGH TONIGHT AND INTO THE FIRST PART OF TOMORROW. WE’LL START WITH SOME SNOW IN THE EASTERN LAKES IN THE NEW YORK AND NORTHERN PENNSYLVANIA MAYBE A LITTLE ICE ON THE SOUTHERN FRINGE OF THAT SNOW THAT WILL MOVE INTO NEW ENGLAND AS WE HEAD THROUGH THE LATTER PARTS OF THE DAY. SOUTHERN PORTIONS OF THIS SYSTEM START STARTS TO MOISTEN UP THEM AND WE SEE SOME AREAS OF RAIN DEVELOPING ONCE AGAIN IN THE SOUTHERN PORTIONS OF THAT DROUGHT AREA FROM SOUTHERN ARKANSAS IN THE NORTHEASTERN TEXAS BY LATE IN THE DAY TOMORROW PRECIPITATION ESTIMATE PAST 24 HOURS. LOT OF IT HAS BEEN IN THE SOUTHEAST ADDING IN THE NEXT 36 YOU WILL SEE THAT LIGHT AREA OF MOISTURE MAINLY SNOW MOVING THROUGH THE GREAT LAKES INTO THE NORTHEAST AND YOU’LL SEE THE REDEVELOPMENT OF MOISTURE IN PARTS OF LOUISIANA TEXAS SOUTHERN ARKANSAS AS WE HEAD THROUGH THE LATTER PARTS OF THE DAY TOMORROW. NOW TAKE A LOOK AT SNOWFALL ESTIMATES PAST 24 HOURS. MOST OF IT HAPPENS IN THE ROCKIES ARE SPREADING EASTWARD ACROSS THE FAR NORTHERN PLAINS WILL SPREAD THAT SNOW EVEN FARTHER EAST INTO THE NORTHERN AND CENTRAL GREAT LAKES AND MUCH OF NEW ENGLAND AS WE HEAD THROUGH THE NEXT 36 HOURS OR SO. HIGH TEMPERATURES TODAY PRETTY MILD IN TEXAS. THE REALLY COLD AIR IS MAINLY IN CANADA A LITTLE BIT OF IT’S TOUCHING NEW ENGLAND AS WE START THE DAY TODAY. WE CAN SEE HIGHS IN THE TEENS AND 20S THROUGH THE NORTHERN TIER OF STATES LOW TEMPERATURES TONIGHT STILL VERY MILD FROM MEMPHIS SOUTHWARD. BUT THE COLDER AIR STARTING TO APPROACH AS WE HEAD THROUGH TOMORROW MORNING AND THROUGH THE DAY TOMORROW YOU COULD SEE HIGH TEMPERATURE IN BILLINGS ONLY 16 IN MUCH COLDER AIR TO THE NORTH WILL SLOWLY SPREAD SOUTHWARD OVER THE NEXT FEW DAYS. HERE’S THE JET STREAM AND HERE’S WHY WE SAY THAT YOU CAN SEE HOW IT’S DRY IT BRINGS A DIRECT SHOT OF ARCTIC AIR OVER THIS WEEKEND AND INTO NEXT WEEK INTO THE EASTERN PARTS OF THE COUNTRY. EVEN THOUGH THE JET STREAM RELAXES FOR A SHORT PERIOD OF TIME THERE THE COLD AIR IS HEAVY AND IT’S TOUGH TO MOVE AWAY AND SO IT GOES FARTHER THAN YOU THINK AND IT’LL STAY LONGER THAN YOU THINK. AND WE HAVE ANOTHER SHOT COMING FOR THE MIDDLE OF NEXT WEEK SO THIS IS A COLD PATTERN FOR MUCH OF THE COUNTRY ESPECIALLY EAST OF THE ROCKIES BUT EVEN IN PARTS OF THE ROCKIES THAT’S A LOOK ACROSS THE COUNTRY. NOW LET’S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OFF ARE PROVO UTAH CLOUDY WITH A BIT OF SNOW TODAY. HIGH TEMPERATURE AROUND 30 DEGREES. SPRINGFIELD ILLINOIS MILD WITH CLOUDS AND A FEW PEEKS OF SUNSHINE HIGH 51 AND AUGUSTA MAINE. GOOD DEAL OF SUNSHINE. IT’LL BE COLDER THOUGH WITH A HIGHER AROUND 20.
TEASE
OUR DROVERS T-V REPORT IS NEXT WITH A LOOK AT CHANGES TO WENDY’S POLICY ON ANTIBIOTIC USE. AND THIS TENNESSEE TEEN IS COOKIN’ UP SOMETHING SPECIAL FOR THE HOLIDAYS. AGDAY - BROUGHT TO YOU BY THE ENLIST WEED CONTROL SYSTEM. MORE WEED CONTROL. LESS DRIFT AND VOLATILITY. MAXIMUM YIELD POTENTIAL.
DROVERS TV
DROVERS TV ON AGDAY IS BROUGHT TO YOU BY QLF. FOR 40 YEARS, QLF HAS BEEN PROUD TO SUPPORT AMERICAN FARMERS THAT FEED THE WORLD. IN NEWS FROM OUR PARTNERS AT DROVERS, THE LATEST STERLING PROFIT TRACKER PUTS FEEDER MARGINS AT A POSITIVE 99 DOLLARS PER HEAD. THAT’S UP COMPARED TO THE WEEK PRIOR--BOOSTED BY A TWO DOLLAR FIFTY CENT RALLY IN CASH FED CATTLE. THE FIVE AREA CASH PRICE WAS JUST SHY OF 120- PER HUNDRED. BEEF PACKER MARGINS WERE ALSO POSITIVE AT 85 DOLLARS PER HEAD...BUT DOWN A BIT DUE TO LOWER CUTOUT PRICES. WENDY’S FAST-FOOD CHAIN HAS ANNOUNCED PLANS TO REDUCE ANTIBIOTICS IN ITS BEEF SUPPLY CHAIN. BEGINNING IN 2018 IT WILL SOURCE ABOUT 15-PERCENT OF ITS BEEF FROM PRODUCERS THAT HAVE COMMITTED TO A 20-PERCENT REDUCTION OF TYLOSIN TYLOSIN IS THE ONLY ANTIBIOTIC MEDICALLY IMPORTANT FOR HUMANS THAT IS ROUTINELY FED TO CATTLE. “THE COMPANY WILL INCREASE THE AMOUNT OF BEEF PURCHASED FROM THESE PRODUCERS AND THOSE FOLLOWING SIMILAR MANAGEMENT PRACTICES. WENDY’S SAYS IT HAS ALREADY ELIMINATED ALL ANTIBIOTICS IMPORTANT TO HUMAN MEDICINE FROM CHICKEN PRODUCTION, SOMETHING THE COMPANY PLEDGED TO DO LAST YEAR."> WITH 65-HUNDRED STORES, WENDY’S IS THE WORLD’S THIRD LARGEST FAST- FOOD HAMBURGER CHAIN. HENDERSON SAYS WENDY’S LATEST MOVE COMES A LITTLE MORE THAN A WEEK AFTER THE FOOD AND DRUG ADMINISTRATION RELEASED A REPORT NOTING THAT U-S SALES AND DISTRIBUTION OF ANTIBIOTICS APPROVED FOR USE IN FOOD ANIMALS FELL 10 PERCENT IN 2016. MORE THAN HALF OF THE LARGEST 25 FAST FOOD AND FAST CASUAL RESTAURANT CHAINS IN THE U-S NOW HAVE POLICIES IN PLACE THAT EITHER LIMIT OR ELIMINATE THE USE OF ANTIBIOTICS IN THE PRODUCTION OF THE MEAT AND/OR POULTRY THEY SERVE. PLENTY OF 4-H KIDS LIKE TO COOK. BUT HOW MANY CAN BOAST ABOUT THEIR OWN T-V SHOW TO SHARE THOSE SPECIAL RECIPES?
IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA. CHECK OUT KUBOTA’S RTV-X-1140, A RUGGED UTILITY VEHICLE WITH SEATING FOR FOUR. SYOP BY YOUR LOCAL DEALER TODAY, OR VISIT KUBOTA.COM. THE HOLIDAYS ARE A TIME TO ENJOY DELICIOUS FOODS. FOLKS IN ONE TENNESSEE TOWN ONLY HAVE TO TURN ON THEIR TVS - OR GO ONLINE - TO HEAR FROM AN EXPERT ON THE BEST CHRISTMAS DISHES. BUT THIS COOKING SHOW HOST IS A BIT YOUNGER THAN YOU MIGHT EXPECT. CHARLES DENNEY FROM THE U-T INSTITUTE OF AG INTRODUCES US TO A 4-HER WITH A FLAIR FOR FOOD. HERE’S TV ABOUT SOMEONE ELSE DOING TV, BUT IT’S THE HOST AND THE INFORMATION THAT REALLY MATTER. WELCOME TO “SEASONED WITH GRACE” WITH YOUR HOST GRACE HARVILLE. (NAT) THE SMITH COUNTY HIGH SCHOOL JUNIOR HOSTS HER OWN COOKING SHOW FOR DEKALB TELEPHONE COOPERATIVE TV. ON CABLE AND ONLINE, SHE’S GOT FOLLOWERS OF ALL AGES, AND REALLY LIKES TO COACH OTHER TEENS. (GRACE HARVILLE) “I JUST THINK IT’S GREAT FOR KIDS TO KNOW HOW TO COOK. IT’S ESSENTIAL FOR LIFE.” “SEASONED WITH GRACE” STARTED HER 8TH GRADE YEAR, AND WAS PART OF A 4-H PROJECT WHERE SHE COMBINED HER CULINARY AND PUBLIC SPEAKING SKILLS. “AND I KNEW THAT BY DOING THIS SEGMENT, IT WOULD GO HAND IN HAND WITH MY FOOD SCIENCE PROJECT AS WELL AS MY COMMUNICATIONS THAT I’VE LEARNED IN 4-H, AND IT’S JUST BEEN A GREAT EXPERIENCE.” GRACE TAPES IN HER OWN KITCHEN, AND THE TOPIC HERE – COOKING HOLIDAY FOODS, AND A FAMILY SPECIALTY - COCONUT CAKE. THAT’S A TREAT WITH A FEW CALORIES, BUT SHE ALSO LIKES TO DEMONSTRATE RECIPES FOR HEALTHY FOODS. “DOING A LOT OF THESE HEALTHY LIVING PROJECTS, WHETHER IT BE GOING OUT INTO THE COMMUNITY AND MAKING SMOOTHIES FOR PEOPLE OR DOING PROVIDING ACTIVITIES FOR PEOPLE TO DO, THAT’S REALLY AN IMPORTANT PART OF THE HEALTHY LIVING ACTIVITIES FOR 4-H THAT I’M DOING FOR MY COMMUNITY.” “FOOD IS AN ART FORM FOR GRACE, AND A WAY TO SHOWCASE HER CREATIVITY. SHE ALSO LOVES THE TEACHING ASPECT OF HER SHOW, AND SHARING HER LOVE OF COOKING WITH OTHERS.” GRACE HAS BEEN WORKING WITH FOOD AND 4-H MOST OF HER YOUNG LIFE. HER 4-H AGENT LIKES HER ENTHUSIASM FOR WHATEVER SHE TRIES. (KATIE MARTIN) “GRACE IS ONE OF THOSE MEMBERS THAT WHEN I CAME IN, SHE KIND OF TOLD ME HOW SMITH COUNTY 4-H WORKED, AND SHE’S BEEN A HUGE HELP, HELPING US GET IT OFF THE GROUND RUNNING, AND SHE’S A HUGE PART OF OUR COMMUNITY CLUB.” GRACE PLANS TO KEEP PRODUCING THE SHOW. AFTER ALL, FOOD DOESN’T CARE HOW OLD YOU ARE. AND WHEN YOU’RE GREAT IN THE KITCHEN AND ABLE TO COMMUNICATE THAT KNOWLEDGE TO OTHERS, THE RESULTS ARE DELICIOUS. THIS IS CHARLES DENNEY REPORTING. FULL DISCLOSURE FOR CHARLES DENNEY
CLOSE
THAT’S ALL THE TIME WE HAVE THIS MORNING. WE’RE GLAD YOU TUNED IN. FOR ALL OF US AT AGDAY I’M CLINTON GRIFFITHS. HAVE A GREAT DAY. AGDAY - BROUGHT TO YOU BY RAM COMMERCIAL - AMERICA’S LONGEST-LASTING HEAVY DUTY PICKUPS.
