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Jan 23, 2011 4:00am EST
subject of considerable interest to farmers. china has been a lucrative customer, but for other industries china has been quite frankly a cheater, a thief. no where is that more -- than intellectual property. in the tiny town of clay city indiana, the pottery company produces marvelous hand made pottery. we toured their factory. a few years ago their unique pieces were featured in upscale retailers like eddie bauer. one spring their orders just dried up, although exact duplicates of their pottery was being sold. now the 6th generation works at the pottery. there are hundreds of other stories from construction cranes to software. chinese manufacturers simply ignore the international rules of ownership or intellectual property. we need to grasp the wider picture and weigh carefully at what cost to our fellow americans. let us know what you think. sends e-mails to -- or call and leave us a voice mail. >>> coming up in our next half hour, how cut flowers make it from the farm to one of california's biggest city. stay tuned. the biggest part of u.s. farm report is coming up. t-t-umyñólvs. >>>
Feb 28, 2016 6:00am CST
horn to china and rival prices from the pacific north west. cheap oil means vitually everbody - not just the enormously to lower commodity prices across the board, like iron ore and copper. many poorer counties which buy our grain and protein depend heavily on such extractive industries. like me, not many of us ever imagined an oil price scenario like we now face. the longer it cotinues, the more susprising consequences i think we will discover. thanks, john. and next week, john and i will record our entire show from commodity assic. so, tune in next week for that. up next, baxter black.
Jan 9, 2011 4:00am EST
point, i guess you move toward the end of the month and china books as much soybeans as they're going book and february gets tough as far as new bean purchases, so you might be getting top my around that government report. >> let's see what else may be out there in terms of causing the markets. we're on a pause, but there's got to be a reason for a pause. it's not just limited to the united states and things that are happening here. it has to be around the world. what are you looking at? >> one thing is the weather seems to be slightly improving in south america. that's been a big catalyst. also they're talking about looking at the fun length as far as the government. how much can you own? that's going to be a long, drawn-out thing, but it maybe has the tendency to push people to step back and say they want to be out for a minute. the dollar is also looking very, very good to me on the chart. that could take some hot money out of the markets for a bit. >> okay. around the world? >> i think looking over into asia, the higher you push commodity prices against them, it makes things diffi
May 9, 2010 4:00am EDT
that need to be attended to as well. >> what's happening in china makes a lot of difference too, don't you think? they've been buying more than they used to. >> absolutely. china, they've been involved. we have known the soybean story for a while. certainly, they're looking at the corn side of the thing. that's probably the elephant in the room. first of all, is it going to get delivered? second, is there more? >> okay. we'll be back to talk about more elephants in the room when we return with more u.s. farm report. bestselling author. her teachings are heard all over the world every single day. she has overcome horrible abuse yet discovered how to forgive and now, she's coming your way. joyce meyer -- her no-nonsense approach to everyday issues has made her one of the most sought-after speakers in the world today. don't miss out on this unique opportunity to see joyce meyer live. for more information visit us online at or call toll free: 1-866-see-joyce. >>> round table guests this week. you were the one that brought it up. you're talking about the ill the ill front ele
Mar 21, 2010 4:00am EDT
we raise, many of half go into china, so the canal ends up being very important, everything going through the gulf of mexico goes through that canal to china. i feel very good after seeing the canal and the way it's run and the leadership of the people running the canal that we can feel very good about this market in the future. >> a group of farmers and journalists got a first hand look this past week. they're part of the frontier study tour at top producer magazine and the united soy bean board. now they've moved to brazil. that's it for headlines. back to john for crop watch. >> crop watch this week begins in southern texas. that's where you have to go to find planters in the field much however, following a cold and wet winter, a grower in oasis county says he's having to plant and fertilize at the same time. he's hearing reports of stuck sprayers, cultivators and planters. in washington, dry land, early seeded wheat is off to a good start. moisture has been average this winter and there's been little winter kill from a december freeze. overall, the crop is about two weeks ahea
Jan 16, 2011 4:00am EST
soybeans is now 140 million bushels down 25 million from december. strong demand from china continues to eat away at supply. add it up, and it appears the battle for acreage will be fierce this spring. >> the big picture, guys, the big picture is that the market has not done enough to buy corn acres for 2011 seeding and soybeans aren't just going to willingly hand those acres off not with 140 million bushel beginning stocks. there's no cushion on the supply side going into the 2011 season for corn or for soybeans. as a result of that, these markets are going to be fighting for every acre that they can get ahold of between now and the spring planting season and with an acreage battle setting up like it is right now, we've got to expect some better new crops, marketing opportunities in the weeks and months ahead. for the he had tors of pro farmer in cedar falls, iowa, i'm chip flory. >>> a top economist at the usda believes the bull market will create more crop acreage in 2011. speak at the american farm bureau convention in atlanta, he says as many as 10 million more acres could come into
Dec 5, 2015 5:00am CST
because the price is so cheap for the powder. it's going to china, but we still have a lot of butter that's not being exported and cheddar, and that's what we have to start getting through. we have to get those markets out. >> okay, real quick, angie, talk about the end user and the pull through, some of these livestock folks, pulling some of this grain we've got a big crop. >> oh yeah, yeah. i mean the good part about having increased herds when it comes to livestock and then we're replenishing our poultry numbers of course, because we hopefully at this point in time seemed to have missed that bullet again of the bird flu epidemic this fall that the usda was anticipating. that's helpful from a feed standpoint. million dollar question of course though is we are making a lot of ethanol, which we're making ddgs as a result. china's come in and told us for the second time in four years they don't want our distillers, so we are getting a little backed up on that. soil bio diesel, things like that. in order to get soy oil you have to crush beans and get soybean meal. so the one thi
Oct 11, 2009 4:00am EDT
bearish the market in jefnlt i know there are things going on in china right now that are pretty bullish that are going to put a buying power underneath this market and in the corn crop in particular with the big loss in their crop, it will make our market a little more friendly than people would think. >> ok. gavin, you heard his comentd imhents that. you thought about this. are they different? >> i think a lot of farmers are finding they have far more bushels still to sell than they had thought only a month or so ago. what they should consider that is gravy, extra ammunition perhaps to fire off during these rallies we get on frost scarce. a mart ma hjorth of producers -- a majority of producers should already be quite well protected by this time of the year. we always put in our lows in harvest. no surprise. if you wait till now to sell, you're playing the wrong game at the wrong time. >> when you get in the feelt field and you get 20 bushels more per acre and get a couple thousand acres, what do you do? >> it's a terrific problem to have. you should only be a seller in balance
Oct 17, 2010 4:00am EDT
china. it's going to be a political solution or a political surprise. i would say the market is as bullish as it was back in june. we had several ways to make it bullish. we're going to have to have things to make it bearish. we're going to see rationing of ethanol and exports. it's very difficult at there point. if someone gets in trouble, this market could be intense. >> we're talking about rationing exports, you're talking about governmental actions. is that what you're suggesting? >> might happen. >> if prices got too high. and i think the definition of that is probably $8 corn and 15 to $20 beans. >> is he talks right here that that kind of thing could have with the united states, with the way things are at this point. >> it's a quick answer. we need a lot more bean corn acres this year, we're behind the 8 ball. increasing 3 plus 4, something like that. man, we've got to -- it just doesn't add up. that's all i can tell you. but, i will say this, the market will ration to a point to where, one, how are they going to deal with this man date here that expires at the end of the ye
Jun 6, 2010 4:00am EDT
than $10.5 billion, china was the biggest buyer for the first half of the fiscal year. experts believe asia will overtake the western hemisphere as the largest market for u.s. exports. other commodities slowing growth include white, rice, and cotton. dairy and poultry are also showing modest gains. farm land values continue to show strength and the market may get even more active. the federal reserve bank in chicago, which covers six states, reports farm land values climbed 4% from a year ago. the kansas city fed saw farmland values increase by 2% in that district. a recent survey reveals aggressive buying by farmers. >> at 15% now, plan on buying more farm land or acquiring for land through leases, so this market is going to get more active going forward, and that seems to make sense. we've gone through a period of some fear in 2008, early 2009, and now we've seen this market gaining more confidence. when you look at the largest farmers, those with the gross income of farming of over a million dollars. it's 20% that say they want to acquire more land, and that's not a surprise. >> aus
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.
Oct 1, 2016 5:00am CDT
million, one year and another half a million (541,020 mt) in the 17-18 year. china is slapping an anti-subsidy duty to imports of u-s dried distillers grains. the country issuing a final ruling this week, claiming u-s dried distiller's grains are being unfairly subsidized by the u-s government, saying it's damaging china's ddg industry. the news came just weeks after the u-s filed a complaint with the world trade organization, accusing china of illegal government subsidies for rice, wheat and corn. head this week, one of canada's largest feedlots is closing its gates. [take: full screen still canada... with a dot for western feedlots, ltd number: (location is strathmore, alberta, canada incue: western feedlots, ltd shutting down outcue: - 100,000 head capacity] [notes:- blaming market conditions, political environment alberta based western feedlots says it will close it's environment. an alberta cattle feeding copmany says more cattle feeders will close in the next 6 months, which means more cattle could flood the u-s fedyards. the overload of milk on the world market could be getting
Apr 3, 2011 4:00am EDT
anything about the fact that china has high priced corn locally and they will be buying corn off us because no one else has corn. and presumably they bought corn on thursday. >> we don't know. that but that doesn't mean they are out of the market. >> had a chinese footprint. >> okay. >> and folks, it is interesting that people were worried about the impact of japan and bless the japanese people and their ability to have this fortitude is this grace under extraordinary pressure. but as far as the market goes there is concern about japanese demand falling off and what is this going to do and in fact, it could ultimately turn out to be a very bullish situation. if you have increased meat exports into japan and increased corn maybe not corn exports per se but the finished product. it's isolated right now. but you don't know. in the situation in the middle east is so fluid. if anybody could say how this thing will ultimately turn out, you know, then they're really a guru because nobody, i think, knows. and in the case of oil, that's where your potential -- we may not have seen anything y
Dec 13, 2015 5:00am CST
cindi. last week we heard about plansin china to build a factory that rolls out a million clonedcattle a year. in the u.s. livestock clones have beenaround for quite sometime. and in today's farm journal report,tyne morgan takes a closer look at new research into clones andtheir potential to impact the feedyard. a thick black coat,nice depth of body.... these may look like your typical calves,but it's their genetics that makes them unique. these are notcloned animals, these are products of cloned animals.>you're looking at the first research at west texas a&muniversity's ranch just south of amarillo. we're selecting for agenotypic trait, instead of a phenotypic trait like a lot ofcloning projects have done. that means the researchers want theanimals for the quality of their meat. we wanted to improve thequality of the beef carcass in the national, the prime yieldgrade 1 carcass, it happens .03% of the time in the population,so we wanted to see if we could improve that. just the slightestbit would help out the industry" since the clones aren't enteringthe food chain, this is nothing mor
Sep 3, 2016 5:00am CDT
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 are not going to get in a pa
Feb 14, 2010 4:00am EST
, brazil, india and china. this week, the world was rattled by a new set of islands, the p. i. g. s. they're all struggling with enormous sovereign debt that isstruggling their economy. for what it's worth, i'm rooting for the p. i. g. s. to get their finances straightened out soon. let's get started with the headlines and trisha slowlyia. >> reporter: thank you, john. hello, everyone. even though the federal government was shutdown for most of the week because of the snowstorm, the ag department still released its monthly supply and demand reports of the major commodities. there were some surprises especially when it comes to usage. the 2009-2010 u.s. carryover of corn sits at just over 1.7 billion bushels, 45 million bushel drop from the january forecast. the analysts at the ag department forecasted a higher use of corn for ethanol. meanwhile, soybean carryover sits at 210 million bushels down 35 million from january. that reflects continuing demand for soy exports plus a higher crush. >> continuing strong exports of soybeans, we continue it seems like to sell soybeans as fast as
Feb 21, 2016 5:00am PST
half of the u-s. china's appetitie for u-s soybeans continues to fade. our partners at pro farmer reporting china imported 5.66 million metric tons of soybeans in january. that's a 38 percent drop from december and 17 percent less than the previous year. poultry producers are looking at a more promising 2016. rabobank says after a very challenging end to quarterly report of the year, analysts say better demand and lower supply in countires like u-s, china, thailand and europe are helping reduce the hefty supply issue we saw last year. in china, new restrictiosn on breeding stock will help keep tbird numbers down. but prices will still remain volatile due to avian influenza. the chem china and syngenta acquisition could open the door for g-m crops in china.. that's according to syngenta's leadership reuters reporting, the 43 billion dollar deal likely to give syngenta unrivaled access to the chinese market--the world's largest grain producer. also heating up, discussions about oil production and the impact on prices. four major producers, qatar, russia, saudi arabia and venezuela a
Jan 9, 2016 5:00am CST
for the chinese market. currently about 17 percent of all u.s. ag exports find their way to china. usda is now revising that down-- expecting the country's gdp to fall to roughly 6 percent. adding that in 2015 exports to china were down 4 billion dollars or 13 percent. it expects that to fall even further in the new year. oil prices also trickling lower during the week--dropping into the low 30's for the first time in 12 years. west texas intermediate and brent crude both down 12 percent in the first week of the year. analysts say it's likely prices could fall to 25 dollars a barrel. oil company stocks also feeling the pressure. while parts of brazil have seen decent rains in recent weeks, our reporting partners at pro-farmer say drought remains very serious issue in parts of brazil. the leading soybean state of mata grosso is very dry...however three quarters of mato grosso saw between 3 and 8 inches of rain in the last 10 days. while the center west district - which is brazils largest soybean traders in chicago are watching closely. <"forecasts for northern brazil do call for ra
Aug 2, 2009 4:00am EDT
, eastbound though -- even know china just bought new crop essentially, they bought a little bit of old crop, we're definitely tight. there's no doubt about it. >> explains why the price went up, right? >> absolutely. other thing you have to look at is china tried to sell twice this past week or the past 10 days out of their own reserves at this point. both failed. claimed the price was too high. they bought those beans way back at a time when they were at a higher price. at this point, the importers from china are looking at cheaper will wl it's brazil or u.s. products tip at this time to bring into the country. >> i want to stay on this price movement a little bit because corn also had actually went down and the government had said we haall these acres and corn recently had a good yield. now the government has gone back and see whether or not we have that acre. where are we on corn? al, i think the situation in corn will have some obviously bearing to the overall grain complex out ahead, but corn, everybody seems to feel the crop is made. if you ask the people up in southwest minnesot
Nov 1, 2009 4:00am EST
right up. >>> "u.s. farm report" is >>> today, on "u.s. farm report" ... trainer droops china droops its ban on u.s. pork as diplomatic efforts work. and we'll all be yawning at 9:00 p.m. as it's time to fall back. >> "u.s. farm report," brought to you by chevy and their award- winning cars, trucks, and cross- overs. good morning d welcome to u-s farm >>> good morning and welcome to "u.s. farm report." i'm john phipps. >>> states that allow issues by citizens to be placed directly on the ballot have drawn the attention of interest groups who are frustrated by government inaction. encouraged by the myriad and sweeping changes enacted in california by this method many of the 28 states are seeing much more interest in such reference data. many of us will be watching the outcome in ohio of such a measure although there it's a full blown constitutional amendment. they tend to create waves that spread. direct democracy can be a good balance to government by elected officials but it can also introduce a real wildcard into the deck. let's get started with the news and al pell. >>> thanks joh
Search Results 0 to 25 of about 26 (some duplicates have been removed)