tv U.S. Farm Report FOX April 29, 2012 4:00am-5:00am EDT
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system and another weird spring perplexes midwest producers. united states farm report brought to you by agriculture explorer. maker of end zone nitrogen aid. more efficient nitrogen and by the 2012 chevy. . >> hello and welcome to united states farm report are. i'm not sure how much attention farmers paid to the senate agriculture committee farm bill, while the media was hanging on every statement the farmers were fretting instead about cold and dry soil and other pressing issues, to be sure rice and peanut producer was watching dairy farmers have a great deal at stake. their numbers are small in comparison. the rest of us recognize any possible outcome won't have the clout of previous farm bill.
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there is to much money in the market right now and much less in the government. time for the headlines. here is tine. >> thank you. hello. the senate agriculture committee passed the 2012 farm bill thursday. it had bi-partisan support. four republicans opposed oar what they see as the treatment of rice and peanut growers. the bill eliminates direct pay members to farmers, has a new revenue program t limits payments to $50,000 to individuals and 100,000 for married. the farm bill still has a long way to go including the full senate and house agriculture committee. in other news the u.s.d.a. confirmed the first case of mad cow disease which sparked the cattle markets to move down. they rebounded the next day after the waters calmed after the initial announcement. the case of mad cow disease was found in a dairy cow from
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tulare. it was found when it was taken to i rendering plaintiff -- plant for disposal. the test showed the possibility of mad cow so tissue samples were sent to labs labs in iowa. the disease rose spontaneously and wasn't spread through feed. since the animal was never for slaughtered for food it pose nod risk to people. this case shouldn't affect the united states status or beef trade. the impact on trade has been a concern since the announcement was made this week. the top analysts say imports to major exporting countries haven't been impacted at this time. >> the fact that this case doesn't really support a declining cattle prices right now this is an animal health issue, not a food safety issue and the export of product is
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expected product that's -- under the office of the u.s.d.a. and shouldn't impact price. s. if we do see an effect on cash or future prices it may be a knew jerk reaction and should stabilize in zjóñthe coming day >> farmers still concerns about ring of cold temperatures. temperatures caused progress to slow across much of the midwest. the latest crop progress report showed limited activity in the western half of the corn belt. overall 28% of corn is planted. in illinois it's up to 59%, the five-year average just 17%n. iowa 9% of the corn crop was planted as of monday. now back to john. >>
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. >> in crop watch we start in clinton county indiana. as far as planting over half the corn and beans in but they are rapidly running out of moisture. in florida the nash office said the first report on the peanut crop shows 17% planted, in colorado winter wheat increased to 52% jointed, the crop is mostly fair to good, spring wheat was reported 57% seeded, 18% çahead of the five-year average. when we come backal talks market was mark and mike. the discussion starts in just two minutes. please stay with us.
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port thing is the china defanned for corn and beans and a little bit of wheat. >> bse can't be ignored, it's rocked the world of the livestock market on tuesday when it was released. >> well i was going to say two things, other things? >> i think the other thing is the reduction in the south american crop, particularly argentina, talk of a frost, i think it was wednesday night that may have done damage. >> that was in argentina. >> what they came out and said that probably didn't do a lot of damage but we have seen old crop corn and beans take a huge jump in the last few days. >> i will count that as number four and another thing that come into market that we should talk about. >> we just came through may option and we are closing out the month. lots of trade as we wrap up the end of the month and the end of the week. >> anything else? >> you know along with that we have first notice, we have seen
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again more jacking of the position because of that. these are all the factor that have really, caused the markets to have the volatility. >> let's start and go through them, couple of others i have over here. let's start with bse. happened to a cow here in the dairy business and in california. it's -- only had 29 cases for i don't know how long so it's not a serious thing but could get in the general media and really, spell bad news and has for a livestock prices. >> i think they have gotten better with the stories as we have gone forward in time. as you watch the market it shrug ged it off quickly. you know the good news is we have had safety check if you will in the -- in the meat processing world for a very,
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very long time, very well established safety procedures and none of the meat made its way in to the food supply. even better yet the bse case in this case was a very different strain of it and the good news for the general population in that regard is that we likely didn't see it come as a result of something in the feed. something in the herd, it was something that came on very rarely and if you see a rare strain like this, it's kind of what we call a one off deal. you aren't going to get repeats of this. >> let's move on to the market prices, onto south america. we are watching for them, think they will do a lot. they haven't been able to ship as much. >> we have seen reductions in the yields over the last two months and they keep shaving the soybean production, trying to save the brazil soybean
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production. its been a big question mark in how much will be available. if you look at soybean meal market its been explosive in terms of the meal, oil relationship. its been the meal that you expect leading a good bull market has been leading the bean. how much meal will they -- the largest exporter of soybean meal, how much will they be able to export. we have seen the highs but as we have talked over the last ten or so years we normally make contract highs the last friday of the month. we have made contract highs in beans and meal. i think its something we have to be caution about. >> we will calm back come back and talk more about this in just a moment.
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gentleman, i think we really need to talk about prices and we need to talk about supply, what we are expecting to grow. we are planting corn, matter of fact all the way north through illinois and it's all planted, not all but a lot of it is planted. are we going to grow in terms of how many acres and the yield and let's talk about corn first and then beans. >> i think we go back to the planting intentions report, there are three million acres that are still in contention. you drive around the country and you will see pastures ripped up, old pieces of grass land. >> how many total acres? >> i think we will still be north of 95. on the heels of the last conversation we will see some go back to beans because of the profitable. we are -- it's a spot where it's time to get sales made. we are in a spot where profit ability is great on soybeans, though it's not as good on corn
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we are kid are cadeing ourselves if we think corn can't go back to three dollarsf. you put yourself in that position with highland rents and didn't get anything sold, we get the three dollars, that's trouble for anyone that is tied up in that. >> i would agree with that. i look at this crop i personally think we will see something north of 96 million acres planted. i don't think we will --. >> i have heard the number 97. >> i don't know if we will get that high. we have had great weather to plant the corn. i believe the bean acres will be significantly higher than what the government says not because they will loose it from the corn but will pull double crop wheat, rice and i think the bean number will be huge when it's the all said and done just giving mother nature not doing anything extreme this year, i believe we are going to
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have carry outs and corn exceeding two billion bushels, i think there are -- significant change of a 15 billion-bushel corn crop and that says there is a lot of risk on the table and what we are recommending to anyone is you can buy a december five put for 25-cents, put in the five dollar floor. if we are right and anywhere south of four dollars heading toward three, those puts will be great protection for you. if we go to seven or eight dollar corn you will loose the 25-cents and have corn to at seven or eight dollars. with beans i think we will have more acres in the beans, i think we -- the brazil real will -- its been at a really cheap price in here giving china to buy more south american beans. i believe the carry out is 250. i think we have gone to high to fast. the last friday of the month
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made the highs. this is a great, great opportunity to be pricing only the old crop but the new crop. if you still think it's 18- dollar beans spend 50 cents and buy a call option, if you don't think it's going to payoff you don't think it the market is going higher. >> what you have done is said you need to make a decision that you like the high prices and then do something about it, not just wish. >> you can't wait around when we are looking at prices at $15 in beans. these are historic opportunities. with cost of production in that nine to ten dollar range it's pulling back 50% returns. name anyone who wouldn't take that. this is great opportunities. with corn, you can't loose sight of where the fundamentals are right now. we can hope for a weather rally but if that's your entire hope we are in trouble if we don't
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get bad weather. sales made. i'm agreeing with that. get things in place now. >> i'm a livestock producer, dairy and that. now is the time for me to lock in my prices too because the prices continue to go up in corn and wheat. >> i would recommend more of a call strategy if are you looking at buys those because of the risks we still have going forward and if you are coming to the bean market or bean meal market to buy protein you kind of came late. to come in and start booking up when it's 4:30 and 4:40 meal that's what you want to look at callings. januaryly we get to the levels and the party is about over. >> there is a way to protect yourself. >> call options, either way. >> you want to manage this. you don't want to try to out guess the market. the only way i know to do that is with the options. the fact is the american farmer has to make a decision. with the highland costs, everything that's going on. i'm still a proponent and
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. mike hoffman now. where we in desert air. there . >> people will tell you that. when you don't have to heat or cool all that moisture you can get huge swings in the highs and the lows. that happens a lot in the dry conditions and you can see the drought monitor showing more pockets of dry air, down into kentucky and tennessee. still very dry in much of georgia and florida though have you had some rain. this was the long term drought
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monitor. not the top soil and you can see it's dry up and down the east coast until extremely dry in west texas, new mexico and getting dryer in arizona as well. let's look at things as we go through this week. we will start on monday with a ridge trying to pop up in to the great lakes, still chilly. another trough as you can see. we go zonal for much of the week which means fast moving systems west to east, chilly north, warm south. watch the end of the week. this piece of energy as we go farther would suggest a big trugh in the east that would mean more chilly arias the ridge shifts back west. we go zonal and then may go back to the same pattern we have been seeing a lot of lately of that trough in the east. there is the forecasted map for
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monday. this will move northward and southward most of this week. south of the front it'll be warm, north it'll be on the cool side. this is the coldest air on the map and that's moving east. things will at least moderate a little bit north of that front. you can see areas of showers and thunderstorm as long that front. maybe a few flakes of snow in northern montana to start the weekn. to wednesday we will see one system zipping across the great lake and in the warm sector it'll be warm with thunderstorms near the front. this will be more of a summertime weather pattern where you will just see a few thunderstorms pop up in the afternoon most of this area probably staying dry in dixie as you can see. next system causing rain and mountain snows. that will zip across west to east. really warm air taking over much of the country through the later part of the week. that may change next weekend.
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. >> this week the obama administration abandoned efforts to extend safety regulations in place to underaged nonfamily farm employees. the action was taken in response to a backlash from farmers. there are several conclusion that could be drawn from this event. it's a reminder all government rules require public buy in, even stiff penalties won't unsure compliance with unpopular rules. consider highway speed laws, higher risk pick up records. compliance is often mediocre at best. americans only sort of obey even when they agree.
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the second is that rules may have had a fairly small impact. farm that depend on hired child labor in the business plan are largely disappearing due to the nature of the work itself and rising risk of civil, not criminal litigation. insurance companies will only speed this process. the idea that children won't develop an interest unless they participate also ignores the thousands of farm children now streaming back to take part. trust me if not fond memories of hand manying pesticides butself employment that brings them home. regardless farming will undoubtly remain the largest contributor to child injury and death in the workplace. it appears to be a cost we consider unavoidable. let us know what you think. send e-mails to mailbag at united states farm report.com or call and leave us a voicemail. coming up in the next half hour
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today on u-s farm report... . >> today on united states farm report, the department of labor withdrawing underage farm employee regulations proposalling eating more vegetables t come was some natural risks. and mike hoffman sees science sees signs of a cool summer. >> united states farm report. makers of end zone nitrogen aid. more efficient for higher yields and by the 2012 chevy hd. welcome to u-s farm report, i'm john phipps. . >> welcome to united states farm report. farmers successfully derailed new child labor regulations this week. tine has the details.
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i have long suspected the real rule makers for agriculture would not be politicians as much as consumers and trading partners. this appears to be the case for the protein sector. from gestation crates big food is setting standards. arguing with your buyer is financially dangerous. especially if the competition is ready to meet the new requirements. >> thank you. hello. the department of labor is giving up on its plan to change rules regarding kid whose work on farms. they said they got thousands of complaints farm families about the potential impact the rules could have. the first plan would have restricts children under the age of 16 from do doing many jobs. they are withdrawing the plan and won't pursue it. weeks after the pink slime
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threat the discovery of a mad cow disease case in california. officials were quick to say there is no risk to the human food chain from this case. the case involved a cow which had died at a dairy. the animal had been sent to a rendering plant, during testing officials found the disease. samples were send to labs which confirmed the disease but they said it was atypical. >> this is a rare form of the disease. it is not likely to be because of infected feed which is the method in which normally bse would be spread from cow to cow. >> they said while officials say the disease doesn't spread from animal to animal the cohorts and direct
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offspring of the cow will be put down. many have questioned how this will impact milk since it was found in a cow. the fda said will no need to worry. they said research show itself cannot be transmitted through milk. >> nothing about this resent finding or event that will change the picture. cow is infected and now that the local -- the point of infection is the central nervous system, not the mammary glands or the milk. sciencists have looked at this. the who and we are confident that consumers shouldn't be concerned about the safety of milk. >> u.s.d.a. said it was sharing test information with trading partners and didn't expect this news to disrupt milk or beef. the home of the whopper is the latest chain to announce it'll get rid of gestation crates. burger king said it'll require its pork suppliers to not use
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the crates for breeding pigs, that's a common tool for many. the national pork producers council said its worried it'll increase production costs that get passed onto consumers, burger king said it'll require egg suppliers to be 100% cage free by '217. those are the headlines. we talked about bse but you thinka silver lining. >> i think it i will lump this as a no news is good news. this story just didn't generate a lot of traction in the agriculture meet why or general press. >> i heard from people and they said they are glad it was a nonevent. >> here is mike hoffman with the forecast. >> unlike most of the past couple weeks where we had a huge trougm in the east this week looks horizonal. we will start cold monday
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morning, with the trougm moving off shore. ridge trying to build up into the ohio valley and another dip in the jet stream out west. the ripples will move west to east with a more zonal flow and that means fast moving systems, warm temperatures up along the south. rain showers you can seat northwest eastern plains, montana, down into texas and east across the tennessee valley. these, the farther you get away from the jet stream will be more of the afternoon variety situation and the summer where you will have a few thunderstorms pop up, 90% of the area with nothing. keep that in mind. most of the this green farther south won't be rain but are you talking hit and miss showers and thunderstorms. right through the week there. is the jet stream. northern third of the country. best chance for rain great lakes and ohio valley and back with that next system coming in
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to the northern rockies, that will scoot across the middle of the country. you can see on friday with a good chance of rain across the great lakes and thunderstorms, near and south of the jet stream as well from time to time. let's go farther out. this will about may 6th through the 12th. below normal temperatures for the great lakes, northeast and midatlantic from louisiana, mississippi, back across texas and the four corner area and up to north dakota expected above normal temperatures, about low normal for western washington and oregon. precipitation next week above normal from the southwest great lakes back to nebraska, some good news for that area and the very dry areas of the northern plains, below normal for the dry areas of the southeast and also into the southwest. let's go out to the next 90 days, i know this is a little different than some other forecasts but i believe it'll be a little cooler than normal this summer for the great lakes and the northeast.
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above normal for the time you gelt to dixie and much of the west. expected to be above normal. nine day outlook below normal for the western third. west texas westward and then a small area, tennessee valley and on up in to the eastern great lakes of above normal. mostst of the corn belt i'm expecting near normal for this coming summer. >> you had entered earlier about being below normal temperatures, cool summer. march. >> i'm still confident for that. >> thank you mike. spirit of the heart land is next.
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when you grow- . when you grow up on a farmer start work at an early age but can you imagine putting your 6-year-old alongside a road to sale produce by himself? clinton takes us to florida to see how a work ethic instilled at such a young age paid off. >> when it comes to fruit stands in southern florida, it's pretty hard to miss this
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one. >> we get so many comments. >> or the man its named for. >> got the to make sure it's in good shape. >> robert is the robert behind robert is here. this little roadside market is a big attraction among tourists and local looking for unique, great tasting fruits, vegetables, milk shakes and so much more. >> people, loving, to deal with people. >> robert wasn't always here. his family moved to the son shine state from the out skirts of chicago and in 19 r5 9 at age of six his father a farmer with ten acres was in a pinch. >> my family was dirt poor. they -- no matter what they did on the farm they couldn't get their head above water. >> they had 400-bushels to sale and nobody was buying. >> he put me as a 6-year-old kid right where my store is
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now, and put me out with a big table of -- steel crates, piece of plywood, dumped cucunbers and i sat there, no and nobody stopped. >> his father thought maybe nobody saw him sot next day he took two shutters and spray painted robert is here and sat him down 2át;'úekw out. >> i started making money and the family started doing better and i started getting a little repeat trade and it was just amazing. >> by junior high he bought his first property, ten acres and a house. the stand and farm continued to grow. >> i was really -- in 92 and hurricane andrew hit. >> andrew, the storm that did millions upon millions of dollars of damage in the state of florida, robert's farm the 200-mile per hour wind did it's best to strip him of a lifetime of work.
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>> andrew took out everything. took out all the farms, all the trees, my barns, my tractors, irrigation, pumps, ripped the windows and doored off. >> grow it or sale it. >> today his family stands next to him. >> free ride until they are 11 and then they have to start working. there are life is surrounded by the fruit stand and the work we do here. >> his two sons help with the farm work and customer service. his two daughters and wife do the same. family life and work life blended together. >> i think it's mostly including them into the family tradition and sharing what we have. couple minutes here in the fruit stand they are involved in that. >> from his oldest to the newest addition, it's a tradition of hard work, respect
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and love. that robert hopes will always be here. >> for the united states farm report i'm clinton griffith reporting. >> he said he grows produce for flavor, not appearance. he said it may not be pretty but he believes people should insist on taste, not the outer skin. next week we will head to tennessee where students are getting a lesson in volunteering before they get their college degree. that's next weekend on spirit of the art land. coming up next, why doctors say a growing number of people are allergic to healthy food. we hear the
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allergic reaction to nickel. >> for years she has made an effort to lead a healthier life by exercising eating right but him stead of enjoying the rewards that she found herself in pain. >> i -- my muscles would twitch. i had sleep problems and i would wake newspaper the morning feeling like i wasn't rested. >> the food she was eating was high in nickel. it may be contributing to a rash of new allergy cases. >> the reason we think is that the -- there is been a shift in habits, people are trying to eat healthier, they are eating more nickel. >> the doctor is a known allergist, he said some patients can go for years with itchy pain rashing on the palm
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or elbow and never know what's causing it partly because nickel allergies don't appear immediately. >> if i start eating more it slowly builds up until your immune system is stimulated enough you that break out. >> even then it can be hard because it's in so many things like soy and dark chocolate and can even be release from stainless steel pots and pans. sarah went to the doctor and today is nearly symptom free because of a nickel free diet. >> i was shocked. i was eating healthy but it was making be worse. i'm so happy he found out what it was. >> at ohio state, this is clark powell. >> in some cases doctors have patients eat a vitamin ctablet before each meal to counter the nickel. when we come back tractor tales and the country church salute. there's been a whole lot of talk lately about internet speeds...
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most reliable internet. period. do you have for us this week? john, this week's . >> the tractor this week is all the way from glendale arizona. this 1955 john deere 60 was similar to the one they had as a child. he said his wife like likes it too because it's easy to drive. >> they call it a narrow high is what john deere callst. it's a 42-inch rubber on the back wheel and the front tire. the first tractor i as a child was one like this that was bought brand new. i found it, bought it, took me three years to get it -- back
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to what it looked like now. it was a little rough when i got it. i had the planter for t i have a plow for it. it's just -- tractor club play toy is what it is. i got it from a guy that owned a little miniature horse rain much and it was to big for what he needed to get it in the barn and stuff because with the axl he was ripping off gates -- i put the b on him and bought it there him. this one is a 32 horse. it's what it's supposed to be. some say 34 but i think it was a 32. it's gasoline tractor, not all fuel. just straight gasoline. the guy that -- had it, had the planters for it. it's got front mounted planters, the dual outlet its on the back of it for two
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cylinders and they used to plant. i painted and put on the decals so it would look nice if anybody said anything i said stand back, you stand back you can't see that. it's just kind of a normal thing. that's why i have that john deere. >> don't forget you can find tractor tales online at united states farm report.com or the facebook. the segments can also be down loaded. today's country church salute goes çto the parish in wisconsin. the church is marking it's 125th anniversary this year. they were established on april 28th -- april 27th 1887. it wasn't until 1892 that construction of a paris has finished. it made up mostly of polish
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immigrants. soon the existing church was just to small and it needed repairs. in 1906 a group of monks transferred 20 20 acres over the church. our thank you to everybody laine the chairperson of the celebration committee. congratulations to the church. and as always we want to learn more about your home church as well. salutes sent to the address ree time now for our
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cover hay prices better. i watch the program to see information on hay prices, why show a subject if the intro if you don't cover it? i try to address the hay price issue sometimes since you aren't the first hay grower or buy tore express frustration trying to get price information. here is the problem. hay isn't a uniform product. the quality and contents can vary wildly which makes the price range almost meaning ridiculous. i checked current prices in no month and got a range from 100 to $200 a ton, that's like saying corn is three to six dollars. then have you to adjust for bale type, content and quality. no bench mark to number two corn for example and most is transportation. hay has no national futures market, rather they are highley localized numbers. our story last week tried to
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show how much prices prices have risen. in some areas they are 50% more than last year. finally hay is traded by thousands of small producers and buyers via individual transactions, hay prices are micr economics at its best. send comments to mailbag at united states farm report.com or leave us a voicemail. for all !q1j@;#r 3of us, thank watching united states farm report. be sure to join us next week. we will work to do even better.
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