Skip to main content

About your Search

20090604
20171211
STATION
WISN (ABC) 17
DATE
2016 17
LANGUAGE
Search Results 0 to 16 of about 17
ABC
Oct 2, 2016 3:30am CDT
prematurely sold its agrisure viptera and duracade corn products leading china to stop importing the corn. which in turn caused news...meteorologist mike hoffman joins us again, this week with his 90 day. mike, how's moisture looking. thanks, tyne, as you'll see in my outlook for the next ninety days some northern areas i'm still expecting above normal precipitation southern sections least parts of the area expected to be below a normal now as far as the jet stream that slow moving storm system still in the eastern great lakes and finally gets completely out of here by wednesday as a ridge builds into the northeast look at that, another cut off coming into the southwestern plains south eastern rockies and as we head through the week our model is showing that kind of cutting off into the southern mississippi valley that will be producing a least some shower activity down that way with a trough farther north it does finally get rid of that then in tennessee a zonal flow was ripples through it as we head into sunday now let's go ninety days or months by month october temperatures above
ABC
Oct 9, 2016 3:30am CDT
. after weeks of talk, china is officially completely removing it's ban on u-s beef prodcuts. it's a ban put into place in 2003 after the united states b-s-e scare. the moves open the door for u-s bone in beef and boness beef for livestock under 30 months of into china shot up 51 percent compared to the same time last year. this was the scene at the world dairy expo this week, as producers are facing the stark reality of struggling dairy prices. the class iii milk prices just keeps slipping. usda announcing hte setpember price falling to 16.39 per hudnrewedight. that's down 52 cents from august, and 57 cents below the same time last year. u.s. dairy producers have a growing herd and growing supplies. mke north of commodity ement groups says milk prices will need to move higher to get margins back in the black. <"as we look at bench marks toward profitability, we'll need to see one or two dollars at least. in some regions, we will need to see 3 or 4 dollars a hundred weight," > north says he expects pressure to continue on these prices to close out 2016 and heading into 2017. the u-s is s
ABC
Oct 30, 2016 3:30am CDT
percent above the four-week average. the biggest buyers china, mexico and italy. it's been a slow soybean harvest in central illinois this year, as many farmers are raking in record yields. we stopped by to visit with farm journal field agronomist ken ferrie this week. he told me april planted soybeans are yielding much better than the crop planted in may, as the later planted crop suffocated from sudden death syndrome and emergence issue. field averages. fighting big tall beans, also some green stem. slowing down some of hte combine by 2/5 miles per hour. and can't cut too early or too late because of moistures, natinoally, soybean harvest is right on pace with average as 76 percent of the crop is harvested. farmers in the western corn belt still battling rain.. iowa is trailing the nebraska is 10 points behind. the nation's corn crop is 61 percent harvested. one point behind average. that's a 15 point jump in just a week. cattle prices trending higher since mid october. the momentum supported by usda's latest cattle on feed report, fidning inventory numbers smaller than expected
ABC
Dec 11, 2016 3:30am CST
diplomacy in china <"he's tenacious, and he's going to have to be."> teh aftermath of floods and heartbreaking weather in south carolina taking its toll on faremrs' crops <"it's anywhere from zero to 800 pounds> that's our farm journal report. and in john's world... stage 3 woodworking, it's not pretty>
ABC
Nov 20, 2016 3:30am CST
the world. but right now china is seeing impressive growth within their own hog industry, except producers there are seeing 70 to 80 dollar per marijuana marijuana you? well, it's a topic we haven't covered a lot on our show, but it's making headlines across the country. and it's thiss week's customer support. bob dillard noticed something important i think that also happened on november 8: "at what point do we begin recognizing the tremendous number of our fellow citizens who now can use a cash crop that is transforming the economies of colorado, oregon, washington and now over 12 percent of the population in ustry with a giant upside that will only continue to grow." bob, you make a great point. recreational and medical marijuana measures passed in numerous and varied states, but i do not think this is going to become a big money maker for farmers. i may be one of the few of my generation who did no experiment with marijuana in the 60's and 70's or since, believe it or not. so i'm relying on excellent information from michael pollan's book, the botany of desire. his explanation
ABC
Aug 21, 2016 3:30am CDT
historically strong with the demand away from china but also on the other asian countries and the fact that the new brazilian argentine crops were not quite as big as we expected and just to respect that this corn crop could be could be underline a record and the fact of the demand is not quite strong as it is for for beans. brian you mentioned the funds what's the fund's position in corn right now is it surprising to youit's close to one hundred forty thousand contracts in that short and that's not a record but it is on the larger side of how short the day typically get i'm not surprised we're talking one hundred seven five bushel yield but i think with the trade needs to realize that if the usda happens to be wrong if they have to backpedal on the sealed and at this point a bean and his is better but corn demand is also side start to shrink the funds have to backpedal on pullout that's where you get an over exaggerated move to the upside brian have you been following this oil or oil prices much i mean we look we've seen a pretty nice up tick in in prices because of talks of the poten
ABC
Aug 28, 2016 3:30am CDT
or be delayed. also on the merger front, syngenta and chem china getting go-ahead nod from u-s regulators. shares surged this week after the committee on foreign investment in the united states approved the buyout by , boosting chanes the largest foreign aqcuistion ever by a chinese company will go thorugh. iowa senator chuck grassley is continuting to raise concers over the chemchina-syngenta deal, calling it alarming. grassley heads the senate judiciary committee and just this week he announced he's hosting a hearing on the wave of ag company mergers. it will be held in late september and it's stll being determined who will testify. he says the hearing current trend of consolidation within the chem and seed industries. as dairy farmers across the country battle low milk prices, usda is trying to help. the department says it will buy 20 million dollars of cheese, or 11 million pounds, from private inventories. they are donating the cheese to food assitance programs. that will help reduce the hefty supplies weighing on prices. currently the cheese surplus is at an all-time high
ABC
Sep 25, 2016 3:30am CDT
years china could soon start accepting imports of u-s beef. at least that's what a chinese official promised during a speech in new york tuesday night. china's ban on u-s beef started in 2003 after the b-s-e scare. there's no exact timetable as to when imports will resume, but officals they recognize the u-s has very good beef, so why should they deny chinese customers that choice. the world's largest buyer of wheat could be in the market for more of the small grain. egypt is dumping it's zero tolderance policy on ergot, a common grain fungus. that regulation implemented last month basically shut down its access to global wheat. egypt will reinstate the previous tolerance level, and said it's being applied to both prices weighing on dairy farmers this year, milk production is still on the rise. usda showing milk production in the nation's top 23 states reaching 16 point 7 billion pounds. that's up 2 percent from august of last year. teh largest increase year over year coming from texas, with production topping last year by 11 percent. nationally, production per cow hitting 19 hundre
ABC
Sep 18, 2016 3:30am CDT
-s trade representatives office making a bold move this week, accusing china of unfair price would get for the same grains. the u-s launched a challenge at the world trade organization, saying those supports "far exceed" the limits that china agreed to when it joined the w-t-o in 2001. in response, china says it's always respected wto rules. this is a major sticking point for rice producers in arkansas, who say the price supports give some of these countries an unjust edge when it comes to trade currently china doesn't import any rice from the u-s. but sullivan says based on chinese consumption rates, if entire domestic crop in 14 days. usda bumped the national wheat yield up t
ABC
Oct 23, 2016 3:30am CDT
outlook does piont to pork prices reboudning in china and a increase in seasonal demand entering the chincese new year. but as more countries export pork, rabobank business. chinese officials said again this week the country plans to cut corn acres and raise soybean acres over the next 5 years. they say this will help them better meet demand. also out of china, the country is halting its weekly state corn sales until may. the national grain trade center says it's to help encourage companies to buy the crop currently being harvested. remember, china ended its state stockpiling program of corn this year. and the country says it still has more than 200 million metric tonnes of corn left to sell, but some analysts think those piles may be larger than advertised. india's imports of the oil quadrupled in just the past five years. this is partially due to the fact soybean oil is a more attractive option, as a glut has made the oil more affordable compared to palm oil. john payne says the relationship between soy and palm oil is also what's carrying soybean prices right now.
ABC
Nov 27, 2016 3:30am CST
look a little bit more in china and south welcome back. well john mentioned cotton before the break. let's dive into that a little bit more. john cotton harvest is running behind in texas right now. what kind of uncertainty is that creating in that's coming down the pipe. so the folks who've been essentially bet on the harvest coming out of the the ground here and meeting that december contract, we essentially came to the realization last week that that wasn't going happen. so we saw the front months of cotton, march and december of this year, really really jump this week. and then the deferred contracts kind of stay stagnant. the story going forward here i think, is not going to be about production it's just going to be about that cotton was continuing to be slow. high winds in west texas to keep him out of the fields. but i will say we mentioned in the segment before, soybeans, cotton and copper have really performed on the stage post-trump. so the idea for a sell-off here would be i think a little bit premature, but we're looking in acreage for next year along with a pretty subst
ABC
Sep 11, 2016 3:30am CDT
increase it's own production over the next four years. china planning to hopping to eventually reduce imports and balance it's own domestic stocks. ethanol exports skyrocketting in june... jumping 49 percent over june's shipments. that marks the highest monthly total since april. meanwhile, u-s ethanol production declined for a third straight week. also gaining exporot momentum in july, red meat. the u-s meat export federation says the amount of beef exported in july, with japan and south korea carrying the weight. shipments to korea alone jumped up 37 percent. due to lower beef prices, the value of shipments actually dropped. and turning to pork, those exports increased 8 percent in july while the value of shipments rose 11 percent. cattle markets feeling the pressure this week . october live cattle futures at cme dipping below the dollar mark tuesday. the prices is down roughly ten dollars over the past 3 weeks. cash fed cattle prices also dropping on the large increase in slaughter percent higher than last year. analysts say right now these cattle markets are struggling to find bot
ABC
Aug 14, 2016 3:30am CDT
bushels of beans we've sold half of them to china are gonna sell half of them half easier to put a nine ten dollar bean on a boat than three dollars cash corn if i was gonna buy something i'd buy a nine dollar item and ship it over take that protein and make oother protein. so the world is asking for our beans. they were g farmers is there any way you could plant more beans think you can make a profit doing it. it's like the mentaility of hte farmer they lvoe to trade corn they love the story but we have too much corn and that has nothing to with beans and beans wan tto go to $11, $12 over a south american problem there's no reason beans can't go up you'll have funds jump back in and then we'll have corn sitting there watching" you know trying to go up but we're always going to have this problem for a while that we have a little too much corn unless they change number from one seven five one seventy three one seventy one demand picks up and then you could see late of a nice pop in corn. when you look these price discrepancies do think there's more risk right now and corn will be to
ABC
Sep 4, 2016 3:30am CDT
announcement from unknown or china on the soybean side and in corn exports have been strong as well export picture looks good now but what about south america what if we see more acres down there what we see more competition from south america this year what is that do export picture com march that that timeframe south america's not gonna help us to fix this glut percent more corn acres this year in all likelihood they're going to increase soybean acreage by one or two percent so they're in a constant state of expansion their crop problems there last year prices of corn especially are better so they're they're not going help us out and if they end up with a good crop come february march you can certainly expect to see our demand they off a little bit not much time but we have some cattle producers in the crowd today do you think right now cattle was priced to cheap think the cattle market is went too far to the downside and i think moving on out farther in the end of the towards the end of the year i think numbers are going to support a little bit of a rally in the cattle markets ar
ABC
Dec 4, 2016 3:30am CST
buying in china because of the soybean meal demand and the soybean oil demand because of the problems still in malaysia with palm oil production. so that demand is what is making a market move. and we saw that again today in the weekly sales report with huge number for this time of year for soybean oil exports. so it's that chinese demand. but when we look heading into january now, and we see some of the south american production come online, it seems like we're gonna have some intense competition where demand will not be able to continue at this pace. well because of planting beans so aggressive this year in montegroso, so they're gonna have about twenty five percent of the crop harvested earlier than normal. and that kind of t of soybean export window here. let's keep in mind that brazil because their supplies were tight last year, may not be as willing and aggressively selling early in the marketing year like the market's anticipating . their pipeline's starting and more empty than what it has in the past. there is going to be some domestic suction that'll happen that'll keep them
ABC
Oct 16, 2016 3:30am CDT
smaller than forecasted in the previous rger than expected purchases out of china, the world's largest cotton buyer, raising the estimate of chinese buying by half a million bales. florida's orange crop is projected to be a whopping 70 percent lower than 20 years ago. florida ag commissioner adam putnam using the startling statistic to push for a cure for citrus greening. usda's forecasting 70 million boxes of oranges for the 2016-2017 season. that's off 14 percent from last year. cattle prices continue to slump this week. u.s. cattle futures falling to a six year low tuesday. october live cattle futures settling at 97- 50...that's the lowest closing front month price since october of 2010.
ABC
Nov 6, 2016 3:30am CST
peso you know we often think of the glamour of exports of globally-- going to china and going places in the world. but really when you look at our major customers are north and south of our border. and we need to make sure that the peso in canadian dollar are compatible with with our dollar so we keep that trade flow going. those are livestock markets. when we look at cattle prices the new month flipped we saw some pretty impressive gains are but have we found a bottom here short-term in this cattle market? well maybe a short term bottom. the last cattle on feed report was encouraging. we finally started to cut down on our numbers. unfortunately comes at a time when demand tends to go into a holiday season. we have more turkeys more hams etcetera so it's a concern. we've seen some signs of encouraging export demand that's helped out . but this past week's trade is really disappointing. we thought we'd see some more build on the cash market. we really didn't. it was mostly steady. i think the online auction was the first sign of that and when the rally started to lose some mome
Search Results 0 to 16 of about 17