TODAY ON AGDAY
SEPT. 2, 2016
OPENING HEADLINES:
COMING UP ON AGDAY -AS HERMINE MAKES LAND THE SOUTHEAST PREPARES OR MASSIVE RAINS AND FLOODING. LOUISIANA CONTINUES TO RECOVER FROM ITS HISTORIC RAINS. IN AGRIBUSINESS...EXPORT EXPECTATIONS. AND AS OUR KEY FOCUS RIGHT NOW IS TRYING TO MOVE ALL OF THIS EXCESS PRODUCT THE EXPORT MARKET IS THE ONLY ONE WHICH IS QUOTE ON QUOTE THE RISING STAR. A GREAT AMERICAN BARN FROM THE SHORES OF MICHIGAN. AGRONOMY TIPS FOR WINTER WHEAT PLANTING FROM FARM JOURNAL COLLEGE TV. AND A MEET WHAT COULD BE THE FUTURE OF FARMING.
RESIDENTS ASSESS DAMAGE AFTER STORM:
GOOD MORNING I’M CLINTON GRIFFITHS. AS THE SUN RISES THIS MORNING, RESIDENTS IN FLORIDA’S PANHANDLE AND OTHER PARTS OF THE GULF COAST WILL BE ASSESSING DAMAGE FROM A POWERFUL STORM NAMED HERMINE. RESIDENTS IN THE NORTHWEST COUNTIES OF FLORIDA SPENT THE DAY PROTECTING THEIR HOMES AND BUSINESSES FROM HERMINE. MEANWHILE, RESIDENTS IN GEORGIA AND ALONG THE EAST COAST PREPARE FOR THE UNKNOWN. FLORIDA AG COMMISSIONER ADAM PUTNAM SAYS IT’S EASY TO GROW COMPLACENT SINCE A HURRICANE HAS NOT HIT THE STATE IN TEN YEARS. IN THAT PART OF THE STATE, FARMERS ARE FINISHING THEIR CORN HARVEST IN WASHINGTON COUNTY -WEST OF TALLAHASSEE. PEANUT HARVEST IS UNDERWAY IN GILCHRIST COUNTY -WHICH IS WEST OF GAINESVILLE. ‘NASS” SAYS 79-PERCENT OF THE FLORIDA PEANUT CROP IS GOOD TO EXCELLENT THIS YEAR. LOUISIANA WILL FORTUNATELY MISS THIS STORM. THE STATE IS STILL RECOVERING FROM RECORD RAINFALL TWO WEEKS AGO THAT DAMAGED THOUSANDS OF HOMES AND BUSINESSES, AND SWAMPED THOUSANDS OF ACRES OF CROPS. EARLY ESTIMATES HAVE AG LOSSES AT AROUND ONE-HUNDRED-TEN MILLION DOLLARS. IN THIS REPORT PROVIDED BY THE L-S-U AGCENTER, CRAIG GAUTREAUX SAYS MOST OF THOSE LOSSES COME FROM RICE AND SOYBEAN CROPS.
PROMISING CROP CRUSHED BY STORM:
A LARGE SECTION OF SAMUEL BULLER’S FIRST CROP AS A FARMER LAY IN RUIN. HIS FIELD IN ST. LANDRY PARISH WAS OVERRUN BY BACKWATER FLOODING WITH SO MUCH CURRENT THAT IT KNOCKED OVER HIS RICE STAND, DESTROYING A ONCE PROMISING CROP. I HAD A BEAUTIFUL-LOOKING RICE CROP STARTING OUT THE YEAR. IT LOOKED AWESOME. THEN THE STORM CAME THROUGH AND WIPED IT OUT OVERNIGHT. NOW IT’S ALL SPROUTED, GROWING. DON’T HAVE MUCH TO WORK WITH NOW. THE 21-YEAR-OLD FARMER HAD PLANNED TO SECOND CROP HIS RICE FIELDS BUT WILL NO LONGER BE ABLE TO DO SO BECAUSE OF THE FLOOD. EVEN THOUGH HIS FIRST YEAR HAS BEEN A STRUGGLE, HE IS ALREADY MAKING PLANS FOR NEXT YEAR. OH, WE’RE JUST GOING TO LICK OUR WOUNDS AND HOPE FOR BETTER NEXT YEAR. SOYBEANS ARE THE STATE’S LARGEST CROP IN TERMS OF ACREAGE, AND ST. LANDRY PARISH HAS MORE THAN 90,000 ACRES. NOW THAT THE FLOODWATERS HAVE RECEDED, GROWERS ARE SEEING THE DAMAGE UP CLOSE, BUT IT WILL BE SOME TIME BEFORE THE FULL EXTENT OF THE DAMAGE IS KNOWN.
IT’S VERY QUESTIONABLE AT THIS POINT WHERE THE SOYBEAN DAMAGE IS GOING TO LIE, BUT WE HAVE SEEN ENTIRE FIELDS SUBMERGED, AND WE FEEL CERTAIN THOSE FIELDS WILL BE A 100 PERCENT LOSS. CHARLIE FONTENOT HAS ONE OF THOSE SUBMERGED FIELDS, AND HE ALSO EXPECTS IT TO BE A COMPLETE LOSS. WE HAVE 250 ACRES ON A CERTAIN FARM NUMBER THAT GOING TO BE A ZERO. IT’S GOING TO BE TOTALLY WIPED OUT. FONTENOT EXPECTS TO HARVEST SOME DAMAGED FIELDS AND PLANS TO KEEP THOSE BEANS SEPARATE FROM HIS BETTER FIELDS. WITH THE LSU AGCENTER, THIS IS CRAIG GAUTREAUX REPORTING.
MILLIONS OF DOLLARS LOST:
LSU AGCENTER ECONOMISTS HAVE PEGGED LOSSES TO RICE AT NEARLY 34 MILLION DOLLARS AND SOYBEAN LOSSES OF ALMOST 47 MILLION DOLLARS
DEPARTMENT OF JUSTICE CHALLENGES JOHN DEERE MERGER:
MORE DETAILS ON THE DEPARTMENT OF JUSTICE’S DECISION TO CHALLENGE THE MERGER BETWEEN JOHN DEERE AND CLIMATE CORP’S PRECISION PLANTING. THE DOJ FILING A LAWSUIT THIS WEEK IN AN ILLINOIS FEDERAL COURT. A JUDGE WILL CONSIDER WHETHER TO BLOCK THE DEAL. AS PART OF IT’S JUSTIFICATION THE DOJ SAYS EVEN DOWN THE TWO SEPARATE COMPANIES DOMINATE THEIR SEGMENT OF THE PLANTER BUSINESS--INCLUDING INNOVATING IN THE HIGH SPEED CATEGORY. DOJ SAYS THEY NOW ACCOUNT FOR 86 PERCENT OF U.S. SALES. THEY THINK ALLOWING DEERE AND PRECISION TO COMBINE WOULD END AGGRESSIVE COMPETITION BETWEEN THE TWO FIRMS AND ULTIMATELY RAISE PRICES FOR FARMERS. OF COURSE DEERE AND CLIMATE’S PARENT COMPANY MONSANTO DISAGREE. THEY SAY THE MOVE ENSURES INNOVATION AND SPEED TO MARKET. SEPTEMBER FIRST MARKS THE START OF A NEW MARKETING YEAR. THE 2016-2017 SEASON KICKS OFF WITH GOOD NEWS FOR SOYBEAN GROWERS. U.S. SOYBEAN EXPORT COUNCIL ANNOUNCING CHINA IS COMMITTING TO BUY ONE POINT 8 BILLION DOLLARS WORTH OF U.S. SOYBEANS IN THE MONTHS AHEAD. LAST YEAR BEAN GROWERS SOLD A RECORD AMOUNT TO CHINA--NEALRY 28 BILLION DOLLARS WORTH. ECONOMIST EXPECT THAT BE EVEN HIGHER THIS YEAR.
CROP COMMENTS:
CINDI CLAWSON IS IN FOR MIKE HOFFMAN TODAY AND JOINS US WITH MORE CROP COMMENTS. GOOD MORNING, CLINTON. LET’S START OFF IN CHOWCHILLA, CALIFORNIA. WE HAVE A PICTURE OF PISTACHIOS IN THE AREA! THE GROWER SAYS THEY SHOULD BE READY TO HARVEST THIS MONTH. MAJORITY OF THE U.S. CROP IS PRODUCED IN CALIFORNIA. OVER IN WESTERN ILLINOIS, MATT SWANSON SAYS HIS SON IS SPENDING THE DAY WITH HIM ON THE FARM... HE’S HELPING BY INSPECTING THE HERD! WE MAY HAVE A FUTURE FARMER IN TRAINING! WELL AS WE HEAD INTO THE WEEKEND THINGS ARE GOING TO BE REALLY NICE IN SOME SPOTS BUT NOT SO MUCH IN OTHER WE’LL BRING YOU THE DETAILS BUT FOR NOW HERE ARE SOME HOMETOWN TEMPS
TEASE:
WHEN WE COME BACK WE’LL TALK A LITTLE MORE ABOUT EXPORTS AND HOW THAT DEMAND COULD SUPPORT PRICES AS WE START A NEW MARKETING YEAR. AND LATER, THE AGRONOMISTS OF FARM JOURNAL COLLEGE JOIN ME IN THE FIELD FOR A LESSON ON WINTER WHEAT PLANTING. WE VISIT A GREAT AMERICAN BARN WITH A SPECTACULAR VIEW OF THE GREAT LAKES. AND LATER IMAGINE DOING FIELD WORK WITHOUT EVER HAVING TO BE IN THE FIELD. COULD THIS NEW AUTONOMOUS TRACTOR BE THE FUTURE OF FARMING.
FROM THE FLOOR OF THE CME:
IN AGRIBUSINESS...IT’S BEEN A DOWNWARD TREND OF LATE FOR GRAINS. LETS SEE HOW MARKETS FINISHED THURSDAY. FROM THE FLOOR OF THE CME IN CHICAGO. A NICE RELIEF RALLY HERE TO START THE SESSION. TRADING A LITTLE BIT HIGHER THROUGHOUT THE AFTERNOON AS WELL FOR THE CORN MARKET AS SOME SHORTS LOOK TO COVER GOING INTO A LONGER WEEKEND. I WOULDN’T BE SURPRISED TO SEE THIS PERSIST THROUGHOUT THE REST OF THE DAY SESSION CARRY OVER INTO FRIDAY SESSION AS WELL. A COUPLE KEY CATALYSTS WERE LOOKING AT TODAY A WEAKER U.S. DOLLAR IS DEFINITELY HELPING OUT COMMODITIES PLUS THE THE OIL MARKET BUT FOR THE MOST PART HELPING OUT THE GRAINS. WE’RE SEEING A LOT OF PRESSURE AND THE CATTLE MARKET TESTING LIMIT DOWN FOR A LIVE CATTLE ON THAT OCTOBER CONTRACT. THIS HAS BEEN OLIVER SLOUOP WITH IITRADER FROM THE FLOOR OF THE C.M.E.
AGRIBUSINESS:
RICH NELSON CHIEF STRATEGIST FOR ALLENDALE OUR GUEST TODAY. RICHARD LET’S TALK ABOUT THE EXPORTS STORY BECAUSE REALLY THAT’S BEEN MAYBE OUR MOST SHINING MOMENT AS FAR AS GRAINS GO RIGHT NOW THAT WE’RE ABLE TO EXPORT SOME OF THESE CROPS THAT ARE LOOKING BE BIG CROPS “AND THAT IS THEY’RE EXACTLY RIGHT. AS IT IS OUR KEY FOCUS RIGHT NOW IS TRY TO MOVE ALL THIS EXCESS PRODUCT THE EXPORT MARKET IS THE ONLY ONE WHICH IS QUOTE-UNQUOTE FOR THE RISING STAR. OKAY.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY HERE WITH CINDI CLAWSON. CINDI AS WE WATCH THIS STORM MOVE UP THE EAST COAST I’M REMINDED OF LAST YEAR WHEN SOUTH CAROLINA GOT ALL OF THAT RAIN AND FLOODING. MORE RAIN THIS YEAR. RIGHT. IT LOOKS LIKE ANOTHER BIG DOUSING WITH HERMINE AND IT’S GOING TO BE A JUST SOMETHING THAT WE REALLY NEED TO KEEP AN EYE ON OVER THE NEXT SEVERAL DAYS. HERE’S A LOOK AT THE MAP AND WHERE WE ARE SEEING THINGS THIS MORNING. AND YOU CAN SEE THAT IS MOVING INTO GEORGIA PUSHING UP THROUGH THE CAROLINAS AS WE HEAD THROUGH THE DAY TODAY. AND NOTICED WE HAVE THIS COLD FRONT NOT MAKING A TON OF MOVEMENT AS WELL HERMINE IS GOING TO BE SORT OF ER, KEEPING THAT AT A HALT. IT WILL EVENTUALLY START TO PUSH ALL EAST IT TOGETHER. BUT THE BAD THING THE REALLY BAD THING ABOUT HERMINE IS THAT IT IS EXPECTED TO BE A SOMEWHAT SLOW MOVER ESPECIALLY AS HE GETS UP TOWARDS THE COAST OF THE CAROLINAS AND INTO NORTH CAROLINA AND JUST OFF THE SEA IS EXPECTED TO COME SLOW DOWN AND MEANDER A LITTLE BIT.
REGIONAL WEATHER:
THAT’S A LOOK AT YOUR NATIONAL FORECAST NOW LET’S CHECK ON WEATHER WHERE YOU LIVE SHINGLETOWN CALIFORNIA MOSTLY SUNNY AND A LITTLE BIT COOLER FOR YOU TODAY WITH A HIGH OF SEVENTY NINE DEGREES. ROCHELLE ILLINOIS SUNNY AND PLEASANT A DAY WITH A HIGH OF SEVENTY FIVE AND PINEHURST NORTH CAROLINA WATCH OUT FOR SOME AT HEAVY RAIN WITH A HIGH OF EIGHTY THREE.
GREAT AMERICAN BARNS:
TODAY’S GREAT AMERICAN BARN TAKES US ALONG THE SCENIC SHORES OF NORTHWEST MICHIGAN NEAR THE FAMED COASTAL TOWN OF PETOSKEY. THIS IS THE ANGELL BARN IN HARBOR SPRINGS, MICHIGAN. IT’S NAMED AFTER A FORMER OWNER WHO FARMED THE LAND THAT SURROUNDS THIS PICTURESQUE SETTING. IT’S NOW OWNED BY SALLY AND IAN BUND. SALLY IS AN ARCHIVIST FOR THE UNIVERSITY OF MICHIGAN, AND HISTORY IS HER PASSION. SALLY BELIEVES THIS GAMBREL ROOFED BANK-BARN WAS BUILT IN 1900. THE BARN IS LOCATED ON PROPERTY THAT WAS GOING TO BE DEVELOPED INTO A 20 HOME SUBDIVISION WITH “MILLION DOLLAR” VIEWS OF LAKE MICHIGAN. THE BUNDS GOT AN OPPORTUNITY TO BUY THE LAND FROM THE DEVELOPER BEFORE ANY HOUSE WAS BUILT. THEY STABILIZED THE BARN, REPLACING SOME OF THE ROTTING TIMBERS AND REINFORCING WITH STEEL BRACING. THEY REMOVED THE DAIRY STANCHIONS AND CONVERTED THEM INTO HORSE STALLS.
TEASE:
COMING UP AFTER THE BREAK, ITS OUR NEW FARM JOURNAL COLLEGE TV SEGMENT AND TODAY WE’RE LOOKING AT PLANTING DEPTH AND SEEDING RATES FOR WINTER WHEAT. AND LATER THE AUTONOMOUS SELF DRIVING TRACTOR THAT’S GETTING LOTS OF BUZZ FROM THIS WEEK’S FARM SHOW.
FARM MANAGEMENT AND AGRONOMICS:
AS WE MENTIONED LAST WEEK, EACH FRIDAY WE’RE GOING TO BRING THE AGRONOMIC AND FARM MANAGEMENT EXPERTISE OF FARM JOURNAL COLLEGE TV TO AGDAY. TODAY WE’RE HEADED TO KENTUCKY WHERE I CAUGHT UP WITH WHEAT SPECIALIST PHIL NEEDHAM TO DISCUSS PLANTING AND SEEDING RATES FOR WINTER WHEAT. PHIL WE’RE HERE IN A SOYBEAN FIELD THAT’S HAVING WHEAT NO-TILLED INTO IT. AND ONE THING THAT WE FOUND IS PRETTY SPECTACULAR IS THE DEPTH CONTROL THAT THIS PLANTER IS ABLE TO PUT THIS SEED IN THE GROUND. SO THAT’S THAT’S WHAT WE’RE LOOKING FOR. IT’SS NOT OFTEN WE SEE THIS ALMOST PERFECT. BUT YES WE HAVE REALLY GOOD EXAMPLE. SO WE’VE BEEN DIGGING ALONG THIS ROW AND ALMOST EVERY SEED I MEAN WITH A MINIMAL AMOUNT OF EFFORT I’M ABLE TO FIND EVERY INDIVIDUAL SEED TO THE SAME DEPTH PRESSED INTO MOISTURE. RIGHT. I MEAN ALMOST VERY VERY CONSISTENT SAYING THAT SEEDING DEPTH. AND THAT’S WHAT WE’RE LOOKING FOR. AND IN A SET OF CONDITIONS LIKE THIS WE HAVE GOOD MOISTURE WHEN WE GET THE SEEDS IN THE GROUND AND IF YOU GOT NINETY FIVE NINETY EIGHT PERCENT GERMINATION YOU CAN EXPECT EIGHTY FIVE NINETY PERCENT ESTABLISHMENT.
TEASE:
WHEN WE COME BACK, THE BUZZ BUILDER FROM FARM PROGRESS SHOW...A TRACTOR THAT HAS NO CAB AND NO SEATS BECAUSE IT DOESN’T NEED ITS OWN DRIVER.
IN THE COUNTRY:
AS THE FARM PROGRESS SHOW MAKES ITS WAY TO THE RECORD BOOKS FOR ANOTHER YEAR, ONE OF THE BIGGEST ATTENTION GETTERS AT THE SHOW WAS AN AUTONOMOUS TRACTOR. CASE IH UNVEILING THE AUTONOMOUS CONCEPT VEHICLE--A SELF DRIVING, SENSOR CONTROL MACHINE BUILT IN PARTNERSHIP WITH A-S-I. AT 419 HORSE POWER, THIS TRACTOR IS CAPABLE OF HANDLING TILLAGE AND PLANTING TASKS ALL BY ITSELF. ITS CREATORS SAY AS FARMERS ASK FOR MORE EFFICIENCY THIS COULD BE PART OF THE ANSWER. ON THE FRONT OF THE VEHICLE BEHIND ME YOU’LL LYDAR AND RADAR AND CAMERA TECHNOLOGY AND THIS IS MEANT TO BE USED WITH A TABLET OR HOME OFFICE COMPUTER AND IT ALLOWS IT TO ACTUALLY SUPERVISE IT ON A PRE PROGRAMMED ROUTE SO WHAT THAT MEAN IS THAT IT IS GOING TO GO THROUGH PRE PROGRAMMED ROUTE AND PRE PROGRAMMED TASKS. GRANTED REGULATIONS WILL DRIVE IT BECAUSE WE CNT’ DRIVE THIS ON THE ROAD YET BUT I THINK THE AUTOMOTIVE INDUSTRY WILL DRIVE THAT REGULATION WHICH WILL THEN DRIVE THIS CONCEPT INTO THE FUTURE AND MAYBE EVEN FASTER.
CLOSING:
THAT’S ALL THE TIME WE HAVE THIS MORNING. WE’RE GLAD YOU TUNED IN. FOR CINDI CLAWSON AND ALL OF US AT AGDAY. I’M CLINTON GRIFFITHS. HAVE A GREAT DAY.
PROMO:
I’M CLINTON GRIFFITHS. MONDAY ON AGDAY -JOIN US FOR A SPECIAL EDITION OF AGDAY AS WE REVISIT SOME OF OUR FAVORITE STORIES. FROM BOOTMAKERS IN TEXAS TO A SPECIAL COLLECTOR IN NORTH DAKOTA, WE SHOWCASE SOME OF THE UNIQUE CHARACTERS IN RURAL AMERICA. TUNE IN WEEKDAYS FOR AGDAY.
