tv AG Day FOX October 22, 2015 4:30am-5:00am CDT
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in this country. and how is expansion impacting farm prices? "ultimately there is a continued demand for cattle, we are lookininat ongoing expansion through the end of this year and maybe early into 2016." what will get feedlot margins back into the black? d find out how this a corn field in texas plays a major role in making sure some of these youngsters get to go to college. agday-brought to you by the dependable, long lasting chevy silverado. good morning i'm betsy jibben. clinton is on assignment. the nation's largest fast food chain is the latest to make a social statement about antibijtics in the meat it servesesn their sandwiches..subway announced it t ll eliminate antibiotics use in all of its u-s meat supplies. the company says it's responding to public-health concerns over dr-resistant bacteria. the sandwich maker says early next
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antibiotics across all of its roughly 27thousand u-s restaurants. the company says it plans to eventually require its pork and beef suppppers to raise antibiotic-free animals. livestock and poultry producers give antibiotics to prevent and treat disease. but food makers are facing growing pressure from consumers and some lawmakers to curb the use because of fears it createtea resistance to drugs used to fight bacteria. rabo agrifinance's don close told agday he thinks demand from u-s export markets could drive the move to antiobiotic free meat production i ithe u-s. for the domestic market, i would still categroize that as a vocal minority share of consumers. wh we go into the glob market, and certbinly the one big market that is so critical is china, and you t te the
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ultimiately if we take the lead australia has demonstrated, we'll probably have to be more accomodating to get the wide acceptance into china." subway is the largest u-s restaurant chain in the u-s, with its number of stores surpassing mcdonald's in 20-11. as agday first rerted wednesday, thee federal aviation administration plans to move forward with a plan which requires registration for all unmanned aerial vehicles, or drones. . officials at the faa say uav's continue to violate airspace and interfere with fire and rescue operations. it's appointed a new task force to look into the matter. the national corn growers association says farmers are willing to comply with new drone regulations as long as they are reasonable. ncga president chip bowling says "most farmers who use a drone will do so over open cropland in rural areas, far
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drones can have an important commercial application for farmers. "the faa is really concerned about this. so they are concerned and this is going to create a registry registration requirement i think much like a fire arm registration requirement out there just so they can track who has a drone, what size it is and where we're at," the assocation for unmanned vehicle systems international estimates that agriculture will account for as much as 80 percent of all commerical u-a-s use. the regulations focus on the safe operation of a drone by someone at the controls. but what about drones o orating without the "human touch"? tomorroroon agday we'll look at the fastevolving industry of o-ton-a-mous autonomous drones. in other regulatory matters, lawsuits against the epa and its "waters of the u-s" rules will not be combined@into one. the panel o& multi district litigation refused the epa's request to consolidate the court cases. that means nine "wotus" cases ll be litigated in seven different courts. an agricultural law professor from iowa state doesn't think syngenta's c-e-o is stepping down. mike mack announced his resignation for the end of october. this move comes just months after syngenta turned down several takeover attempts by monsanto. mack was very vocal about his desisi to keep syngenta o orating as a separatete
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believes it's an approopriate time for the company to benefit from persepectives of a new leader, calling current market conditions challenging. we're showing the western corn belt some love in today's cropwatch. for that we turn to mike hoffman. mike! let's start off crop watch in western nebraska. dwight smith send us a picture of hard red winter wheat. he says there is plenty of moisture in the area. the crop is emerging and looking good. usda says 62 percent of nebraska's winter wheat is rated good to excellent. 83 percent of what was planted has emerged. moving over to southeast south dakota... dave hoff sent us a photo of his office chair for the day. hoff posted on twitter he's seeing above average yields on his farm but not recordbreaking for now accocoing to usda, 39 percrct of corn and 90 percent of soybeans are harvested. taking a look at the weather map boy another system continuing to plague the southern plains lot^s of
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moisture in west texas some of that spreading eastward some of it^s coming north i^ll have the rest of my forecast coming up. still to come, we'll be analyzing the dairy sector and expansion of t t cow herd in the midwest. how's that impacting prices? plus our beef today report shows somes a slight improvement for feed lots. and this may look like just another field trip. but these youngsters are learning how texas farmers may help pay their way through college! find out how, as we head in the country. (agday sponsored by the enlist weed control system from dow agrosciences -combining the proven control of a new 2-4-d and glyphosate. take control of
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chicago. let's head to the cme floor for an update. we are seeing green across the board which is nice to see. we've been in a dead trade within the past couple of sessions. we are getting a little b of a bid here tay with corn, soybeans and wheat. looking at the corn market, weweeed to see a close above 3.79 and a half. if we get that, we're going to confirm a near-term bottom and potential upside towards the four dollar handle. the e ttom side support comes in at 3.71 and a aalf. if we break that, we're heading to the low 3.60s. it has been a wild week and a past couple of months in the meat market. live
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cattle and feeeer cattle, lean hoho, all extremely volatile. let's start looking at the cattle complex though. live cattle, feeder cattle are relatively mixed on the session but in a strong uptrend. i think most of this is short coverings on the significant drop we saw last month. the volume has died off which concerns me just a hair. i think there's a few more dollars to the upside both in the december live cattle as well as the november feeder cattle. this has been oliver sloup with ii trader from the floor of the cme floor of chicago. september was a slowowmonth for the natiti's dairy herd. usda's monthly dairy production report shows u-s milk production was up just four-tenths of a percent. according to our partners at dairy today, that's the slowest rate of increase all year. the total herd population shrunk a bit from august. but it's still larger than a year ago. the top dairy producing state of california continues to lose
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milk produion. it was down ree-and-a-half percece. for ten straight months, dairy production in california has dropped. meanwhile, south dakota -which has been aggressive in attracting more dairies to the state -saw a 12-percent bump higher in milk p pduction due to a lalaer herd and individual cow production. michigan and wisconsin also saw an increase in their herds. in this morning's analysis tyne morgan
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welcome back to agday with meteorologist mike hoffman. mike, we're seeing some rain in texas and d me other pockets of the southern plains. where will we see this rain next? well most of it will continue to move through texas and northward. a lot will be beneficial. some will be way too much. so let's just put the maps into motion and watch that system as it starts to move off to the north
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but the moisture continuing to flow off the gulf of mexico. some of it off the pacific ocean. we will continue to put down huge amounts of rain in parts of texas. it's going to be a fairly good soaker north. for the rest of the country, southeast going to continue to drdre high pressure contntuing to dominate. the great lakes and ohio valley will continue to be dry as well with another quick shot of cooler air. not cold air but cooler as we head through tonight and early part of tomorrow, you can see the rain spread through the dakotas and parts of minnesota, iowa and into missouri. the heaviest stuff is in big thunderstorms in parts of texas. lingering low pressure will keke some pressure in t t four corner region. some of that will be snow in the higher elevations. heading through the day tomorrow, you can see high pressure along the nortrtast gulf, keeping things dry in that area. dry up and down the eastern seaboard. the center of the country continues
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to be moist with that system moving through. high pressure coming in once again for the pacific northwest. here's the precipitation estimate over the past 24 horus. already huge amounts eastern new mexico and western texas and much of that area. adding on the next 36, we're going to continue to add i mean some of these areas are ing to see 10 inches of rain unfortunately. some of these areas are in a severe drought which will help somewhat. you don't need it that quickly. texas under the guguthere. parts of o oahoma as well. againinhe rain farther north is nice with most areas with an inch or two, perhaps in some of the northern plains states. there's the temperatures. big difference from north to south h ong that frontal system. 45 in sue saint marie and 80s in memphis southward. low temperatures tonight going to a drop off in the great lakes and northeast. some areas getting into the per 30s. you can seeeeut west 40s showing up but still mild
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valley southward, but chilly in the northeast and chilly in the central and northern rockies. here's why: we h he that quick shot of air moving through the great lakes then the ridge comes in through the day or two. another trough coming down for sunday and monday. then look at this. a huge trough develops as we head through the second half of next week. and heading toward halloween. looks like a shot of cold air east of the rockies. that's a look across the country. now let's take a look at some local forecasts. f fst of all for frereo, california it's partly to mostly sunny skies. the high is around 81. memphis, tennessee is a lot of sunshine and warm. the high is 84 this afternoon. then elmira new york, a shower is possible but then mostly cloudy witita high near 84 degrees. feed lots have been struggling as they try to break-even. next in our beef today report find out why they may see slight improvement. and find out how this fifid of texas corn will help college-bound students pay their way through school. (this is machinery pete
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as feedyayas take the b prices, a recent bounce is helping get losses to more manageable levels. according to our reporting partners at beef today, the sterling profit tracker showed f fdyard losses hitting 550 dollars a head two weeks ago. this week's tracker showed more improvement, now at negative 385 dollars. i really think we'll be okay. i'm not saying cattle feeders will be back to profitability, but i think we'll be in a range that is at least more tolerable, and i also think the outcome of the
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between feeder and fed cattle so far out of balance, that this is proved the o oortunity to get rgins back for the margin opertors close says even with current prices, if we can see inventories rebuild, the situation is looking better for the first half of 2016. meanwhile on the pork side it appears the global pork market will continue its slow recovery in the fourth quarter. economists at rabo-bank say the strong u-s dollar, against foreign currency, impacted exports. rabo-bank says there is a clearly visible mismatch between supply and demand across the globe. rabobank says the issue longer-term is how much prodtion growth we'll sein imimrting countries, andndow that will impactctrade. meanwhile the u-s international trade commission ruled that mexico was unfairly dumping sugar on u-s markets under-cutting prices by u-s producers. the investigators say mexico was sellingngts sugar at less than 60percent of fair
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market value. the i-t-c says mexico heavily subsidizes sugar for its growers. as part of the ruling, mexico has agreed to lilit its exports to this country. it will a ao adhere to minimum prices set by the united states. the international trade commission says these agreements will remain in effect until 2019. up next texas scho kids find out how texas farmers will eventually help pay their way through college. in the country
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do with college? for kids at gruver isdoeverything. the money made from this field helps every child at this small panhandle school further their education. "each year we will grow about 410 acres of corn on it. we'll harvest it. and a lot of donations go in. the proceeds go toward scholarships for graduates of gruver high school." it all started with karl nelsen. he farmed this land about 15 miles south of the oklahoma panhandle. but he didn't have anyone to pass it down to. so he gave it to the school. the district leased the land to local farmers for years, but thought they could do more. four years ago the gruver farm scholarship foundation was formed. "our old superintendent david teal i was sitting at a junior high football game watching my son and he came up
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said, 'let's do it!' we thought to get it off the ground it might take a few of us but now its grown to where everyone wants a piece of the action. its really neat." it is truly a community effort. a group of about 10 farmers help care for the field day to day. and even re pitch in when it'time to plant & harvest. plus companies and individuals donate seed, fertilizer, tractors and more. saving about $600 an acre. so more money goes to help a student. "this year we started a thing where people can donate a bag of seed. if you don't have a tracacr a sprayer or a comomne you can still l a part of it and feel like your really doing something to help these kids." every single student receives receive enough money to help with up to 8 semesters of college. how much they get is ultimately up to them. "there is a merit system set up. it's based off your grades, your absences, and your attendance. if you're in any organizations you earn points. if you're i
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the more points you earn." on the day of harvest, pre-k through 4th graders come out to learn more about agriculture, crawl on a combine and get an ear of corn. knowing one day they'll receive the fruits of this harvest. this year's graduating class is the first to receive the scholarship money. parents and students are overwhelmed. "it started our freshman year i think. yeah we're the first graduating seniors to get this benefit. i think it's really amazing that our community can just come together and provide us an opportunity to go to college." gruver is like a family. a a they're helping their own. every ear of corn is an investment in one of the town's children. allowing them the chance to live out their dreams. with the texas farm bureau, ed wolff, gruver ) that's all the time we have this morning. we're glad you tuned in. for tyne morgan, clinton griffitrhs and mike hoffman, i'm betsy jibben. have a great day. (high strength steel for high strength dependability, the chevy silverado is the official
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