TODAY ON ADAY
MARCH 16, 2015
OPEN HEADLINES:
NOT EVERYONE SUPPORTS A MAJOR TRADE DEAL ON THE TABLE: “WE ALSO ARE AWARE THAT THERE IS INCREASED COMPETITION FROM COUNTRIES LIKE NEW ZEALAND AND AUSTRALIA.” WE’LL EXPLORE WHO COULD WIN IN A DEAL WITH JAPAN, AND WHO COULD LOSE. IN AGRIBUSINESS, THE TRADE IS MAKING BIG CORRECTIONS IN THE HOG MARKET LAST YEAR WE JUST SENT THE WRONG SIGNALS TO EXPAND WE’LL EXPLORE WHAT RISK MANAGEMENT TOOLS SHOULD BE USED TO WEATHER THE STORM.
MACHINERY PETE SHOWS US WHY WISCONSIN IS A HOT SPOT FOR ANYOEN LOOKING TO GET RID OF BALERS. AND LOSING A LIMB CAN BE LIFE-CHANGING, BUT FOR THIS BULL, LIFE MUST GO ON. WE’LL TRAVEL IN THE COUNTRY FOR HIS STORY. AGDAY BROUGHT TO YOU BY THE DEPENDABLE, LONG-LASTING CHEVY SILVERADO AND BY BASF. WE CREATE CHEMISTRY.
TPP TAG:
LATE LAST WEEK A GROUP OF MORE THAN 100 LEGAL SCHOLARS SENT A LETTER TO CONGRESS, URGING THEM TO NOT PUSH THROUGH DEALS LIKE T-P-P. THEY SAY CONGRESS NEEDS TO PUT THEIR FOOTDOWN AND PROTECT THE NATION’S SOVEREIGNTY.
AVIAN FLU:
MEANWHILE, TRADE GROUPS REPRESENTING THE U-S POULTRY SECTOR ARE TRYING TO ASSURE CONSUMERS - INCLUDING EXPORT MARKETS - THAT PLANS TO CONTROL THE SPREAD OF AVIAN FLU IN THIS COUNTRY ARE WORKING. A JOINT STATEMENT FROM BOTH CHICKEN, EGG AND TURKEY GROUPS SAYS THE U-S POULTRY INDUSTRY HAS A STRONG TESTING AND DETECTION PROGRAM. THE GROUP ALSO SAYS POULTRY FARMERS MAINTAIN BIO-SECURITY MEASURES TO PROTECT THEIR COMMERCIAL FLOCKS FROM WILD BIRDS. THOSE ASSURANCES HAVE NOT PREVENTED SOME COUNTRIES - LIKE CANADA AND MEXICOP - FROM IMPLEMENTING POULTRY IMPORT BANS.
BEEF CHECKOFF:
TALKS OF CREATING A SECOND BEEF CHECKOFF MAY BE AT REST, BUT THAT DOESN’T MEAN THE CHECKOFF WONT’ SEE CHANGES. MEMBERS OF SEVEN ORGANIZATIONS WHICH FORMED A WORKING GROUP HAVE AGREED ON ENHANCEMENTS TO THE CURRENT PROGRAM. SOME OF THOSE INCLUDE SUPPORTING AN INCREASE OF CHECKOFF FUNDS, RAISING THE AMOUNT FROM ONE DOLLAR PER HEAD TO TWO. PRODUCERS MUST STILL VOTE ON THE INCREASE.NATIONAL FARMERS UNION U-S CATTLEMAN’S ASSOCIATION ALREADY VOICED OPPOSITION TO THE PLAN, SAYING THE CHANGES AREN’T ENOUGH.
CROP WATCH:
SOME PRODUCERS ARE GETTING NICE WEATHER FOR CALVING. CINDI CLAWSON HAS DETAILS IN CROPWATCH.
TEASE:
STILL TO COME, HOG PRODUCERS ARE COMING OFF A HIGH IN 2014. WE’LL TELL YOU WHY AND HOW PRODUCERS SHOULD CHANGE COPE.
CME REPORT:
IN AGRIBUSINESS TODAY LOTS OF RED ON THE GRAIN BOARDS FRIDAY…LET’S HEAD TO THE CME FLOOR FOR AN UPDATE.
CLOSE:
THAT’S ALL THE TIME WE HAVE THIS MORNING. WE’RE GLAD YOU TUNED IN.
