TODAY ON AGDAY
JULY 14, 2015
OPEN HEADLINES:
COMING UP TODAY ON AGDAY CHECKING CROP PROGRESS AS MORE RAIN FALLS ON PERSISTENTLY WET FIELDS. IN AGRIBUSINESS...TAKING ADVANTAGE OF RECENT RALLY’S…WEATHER AND LOW PRICES MAKING FOR A TOUGH GROWING SEASON FOR RICE FARMERS, AND A SCIENTIFIC STUDY BASED ON THE UNIQUE DIALECTS FOUND IN APPALACHIA…AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO…
RICE TRADE:
RICE GROWERS IN THE U.S. HAVE FACED THEIR FAIR SHARE OF CHALLENGES THIS GROWING SEASON. IN SOME STATES LIKE CALIFORNIA, IT’S BEEN DROUGHT AND HIGH TEMPERATURES. IN TEXAS THE CHALLENGE HAS BEEN TOO MUCH WATER AT THE WRONG TIMES. AGDAY’S BETSY JIBBEN LOOKS IN TO THE STRUGGLES AT HOME AND HOW TRADE NEGOTIATIONS COULD IMPACT PRICES IN THE FUTURE.
RICE AND CHINA:
WHILE U.S. RICE GROUPS ARE WORKING TOWARDS A NEGOTIATION WITH JAPAN, THEY SHUT DOWN A POSSIBLE TRADE DEAL WITH CHINA. ACCORDING TO POLITICO, THE GROUPS ALONG WITH FARMRNING AND MILLING SECTORS, REJECTED CHINA’S DEMANDS FOR A RICE TRADE DEAL LATE LAST WEEK. THAT WOULD HAVE OPENED ITS MARKET TO U.S. SHIPMENTS. CHINA’S REQUIREMENTS INCLUDED INSECT TRAPPING AND LABELING. THE COUNTRY DEMANDING TRAPS SET UP FOR DIFFERENT TYPES OF INSECT PESTS AT RICE MILLS. CHINA WANTED ACCESS TO REPORTS SHOWING IF ANY OF THESE ARE DISCOVERED. ANOTHER REQIREMENT INCLUDED LABELING PACKAGES WITH EXACT VARIETIES OF RICE.
CROP WATCH:
FROM FLOODING AND STANDING WATER, TO DROUGHT CONCERNS...IT’S A MYRID OF CHALLENGES FOR AMERICAN FARMERS THIS SUMMER. MIKE HOFFMAN TAKING A LOOK IN THIS MORNING’S CROPWATCH…
TEASE:
STILL TO COME, SOLID GAINS IN GRAIN MARKETS IS ADDING NEW POSSIBILITIES TO THE FARMER’S TOOLBOX MARKETING ADVICE IS COMING UP IN ANALYSIS.
ANALYSIS INTRO:
SOME SOLID GAINS IN GRAIN MARKETS HAS MANY FOLKS PUTTING ON THEIR MARKETING HATS. IN ANALYSIS THIS MORNING, TYNE MORGAN LOOKS AT THE RECENT AND RALLY AND HOW FARMERS CAN TAKE ADVANTAGE…TYNE.
DAIRY DEMAND CHINA ECONOMY:
IN NEWS FROM OUR PARTNERS AT DAIRY TODAY - CHINA’S STUMBLING ECONOMY HAS A FAR-REACHING IMPACT, INCLUDING THE U-S DAIRY INDUSTRY. FOR THE PAST MONTH, CHINESE STOCK PRICES HAVE PLUNGED. AN ECONOMIST FOR THE ‘DAILY DAIRY REPORT’ SAYS IF CHINA’S ECONOMY SUFFERS A SETBACK, IT IS LIKELY TO IMPACT ECONOMIES AROUND THE GLOBE. AS FAR AS THE U-S DAIRY INDUSTRY, CHINESE DEMAND FOR DAIRY PRODUCTS COULD SOFTEN. THE DAILY DAIRY REPORT SAYS IF WORLD DAIRY DEMAND FALLS, THE U-S DAIRY SECTOR WILL LIKELY BE AT A DISADVANTAGE DUE TO THE STRENGTH OF THE U-S DOLLARS AGAINST OTHER FOREIGN CURRENCY. ON A POSITIVE NOTE, U-S DAIRY PRODUCERS COULD ENJOY LOWER FEED COSTS AS A RESULT OF REDUCED DEMAND FOR CORN AND SOYBEAN EXPORTS TO CHINA.
DTR WASDE MILK:
IN LAST WEEK’S USDA SUPPLY DEMAND REPORT, THE AGENCY ALSO RELEASING FORECASTS FOR MILK PRODUCTION IN 2015. IT RAISED IT’S EXPECTATIONS FOR 2015 DUE TO INCREASING COW NUMBERS AND PRODUCTION PER COW. USDA SAYS 2015 PRODUCTION IS FORECAST IS 208 POINT 8 BILLION POUNDS. THAT’S UP 100 MILLION FROM LAST MONTH. HOWEVER IT EXPECTS EVEN MORE MILK IN 2016--ALTHOUGH LESS THAN IT DID LAST MONTH. WITH ALL THAT MILK, SHOULD HELP CHEESE AND BUTTER PRODUCTION. IT RAISED PRICE EXPECTATIONS FOR THOSE PRODUCTS IN 2015 BASED ON STRONG DOMESTIC DEMAND.
ITC APPALACHIAN DIALECT:
FOR GENERATIONS, APPALACHIAN MOUNTAIN FOLK HAVE BEEN SINGLED OUT FOR THEIR DISTINCT STRONG DIALECT. BUT LINGUISTS ARE NOW PUTTING LANGUAGE UNDER THE MICROSCOPE--HOPING TO SHOW THE COUNTRY AND THE REST OF THE WORLD THAT THERE’S NO WRONG WAY TO TALK.
CLOSE:
THAT’S ALL THE TIME WE HAVE THIS MORNING. WE’RE GLAD YOU TUNED IN.
