Caption
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this is hoosier act today it’s the
morning edition for the first of October
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2015 and harvest moves on I’m A NGU bank
we have the latest indiana farm news for
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you a couple of issues are pushing for a
quick corn harvest will visit with bill
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Mullen up seat consultants in a
southeast Indiana cornfield also another
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voice has been added to the RFS fight
Gary Truitt has that report a look back
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at the Wednesday markets following the
September quarterly stocks report
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yesterday and also coming up
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meteorologist Ryan Martin checks the
Indiana farm forecast this is the
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morning edition of who’s your ad today
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Indiana Farm Bureau needs you it’s
critical for your farm and family that
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your voice be heard daily Farm Bureau
membership tells legislators that
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Indiana agriculture stance together on
property tax issues farmland annexation
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and water rules protect your livelihood
and children’s future by going online to
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INFP dot org / join or call 1 800 Farm
Bureau INFP dot org / join or call 1 800
00:01:15.549 –> 00:01:20.560
Farm Bureau your membership brings value
and benefits but more importantly it and
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your voice to that of your neighbors and
friends don’t stand on the sidelines be
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heard on local state and national issues
will show you how Indiana Farm Bureau
00:01:29.220 –> 00:01:36.340
means you go to I N FB dot org / join or
call 1 800 Farm Bureau
00:01:36.340 –> 00:01:41.439
this is news iraq today I mean do you
bank reporting on Indiana agriculture
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don’t forget to check out our regular
agronomy updates including harvest
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updates this time of year course listen
each week on this station for the DuPont
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pioneer agronomy update and check out
the agronomy page at who’s your ad
00:01:54.289 –> 00:01:59.819
today.com and mobile app for smartphones
and tablets Indiana farmers are working
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hard to get their crops out of the field
as soon as they are ready for harvest
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and a late arriving disease this year is
another reason to get to the corn crop
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before weather takes down the stocks
anthracnose leaf blight starts at the
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top and works its way down the plant and
stalk rot eventually comes into play
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according to agronomist bill Mullen he
found the disease in a cornfield this
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week between Greensburg in Batesville
just off i-70 for all these black
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lesions on here are these other sports
when you look at this plant this is a
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base needs to be the lower than those is
this note here is rotten second one dry
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and third one dry and Portland rotten
fifth one run and this is really dry and
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out slow basically we’ve got some stock
issues out here this is a big concern
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that I have tried to get the crop
harvested because we know it’s like to
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be able to stand out there special begin
any heavy winds you can see what Mullen
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found in the new hat video with the seat
consultants agronomist in the non GMO
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corn field he also found corn plants
invaded by European corn borer plants
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that were dropping years because of the
past one thing I’ve been seeing a lot of
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this year especially in conventional
corn is the presence of European corn
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borer pretty much second generation is
doing some damage out there when I was
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walkin in the field I saw several
dropped ears and that corn borer went
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into the shank normally it can go up
into the air itself with this European
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corn borer damage nice idea like this
and with the week shank there’s only one
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way it’s going to go its gonna go down
on the ground Mullins message is a
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familiar one prioritize at risk field
and get them harvested as soon
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as is feasible see the video at our
web-site who’s your ad today.com or
00:03:51.170 –> 00:03:53.959
follow the who’s your ad today YouTube
channel
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a new organization has been formed to
fight for the renewable fuel industry
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and the RFS Gary Truitt reports on what
makes this group different americans for
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energy security and innovation is the
latest industry supported organization
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to begin a campaign to pressure the
Obama administration and the EPA to
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administer the RFS the way it was
intended
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led by former Missouri Senator Jim
talent the new organization will focus
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on putting political pressure on the EPA
and one of the things we want to do is
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if one wants them both directly and by
influencing political leaders to
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administer the law faithfully talent one
of the original architects of the artist
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legislation says the white house has
been actively working to limit the use
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of biofuels in america is the opposite
of what the RFS was supposed to do you
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know the Obama administration for the
last several years has proposed
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regulations which are inconsistent with
the purposes of the law in this
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particularly ironic not just say
hypocritical because president gonna go
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in in November to Paris to talk with
other countries about how to reduce
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greenhouse gases and this is a policy
which is reducing greenhouse gases today
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at low cost talents of the new group
will target free-market conservative
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members of congress who have not always
been strong supporters of renewable
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fuels we don’t have a free market today
because we have international cartel
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operating the can and does manipulate
the price of oil in part in order to
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inhibit competition both world energy
and the Renewable Fuels Association
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issued statements saying they welcome
the new group pledged to work together
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to prevent an even stronger voice in
Washington in support of the renewable
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fuel standard and I’m Andy Eubank this
is who’s your ad today
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Indiana’s farm network
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chief meteorologist Ryan Martin with a
look at who’s your act today’s indiana
00:05:40.430 –> 00:05:44.530
farm forecast from the Wells Fargo
forecast center is worth a look at the
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latest to set up here we are looking at
home . across the Hoosier State as we
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all got high pressure in control even
though it’s sitting over the Canadian
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province of Ontario moving into call
back its influence though goes all the
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way down into the middle part of
Tennessee so there’s a big push this
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cool dry high pressure air across the
region as we go forward honestly more of
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our attention is gonna need to be paid
hurricane Joaquin a lot of models are
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bringing it in trying to make landfall
somewhere in the mid-atlantic states but
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one key model the European model it
wants to kind of keep the storm out this
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seed that will make a big difference as
to how things emerge here on one hand
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we’ve got models that are trying to
throw moisture back in building it in
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over parts of ohio and indiana lots of
clouds may be some rain moving east to
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west we’ve covered that already that’s
not the way things are supposed to move
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but it’s interesting the other bigger
thing is if a storm that’s category 2 or
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3 comes in hits the East Coast the
United States its gonna back the pattern
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up its gonna just kind of stall
everything across the rest of the
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country that leaves our next front not
arrive until probably late Wednesday and
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Thursday of next week it’ll keep the
nice there around longer over a large
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part of the corn belt but if the storm
stays farther out to sea and then just
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gotta curves off to the north and east
while then all of a sudden you’re not
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backing the pattern up so a lot of
things are going to be coming down to
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what this crazy tropical storm does over
the course of the next three to four
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days we’re gonna be watching it closely
right now we feel easily they’re going
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to be seeing dry air right on through
the weekend actually over the entire
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Hoosier State I’m gonna even leave
precipitation out through the first half
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of next week I know some are saying
clouds and showers moving in later
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Sunday because of the moisture out to
the east
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I think the Appalachians hold it yes we
can see some clouds maybe but not
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precipitation I’m keeping us during our
next run I like right now Wednesday into
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Thursday of next week I’m gonna leave my
moisture totals alone about a quarter to
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three quarters of it
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coverage probably seventy five to eighty
percent of the state of Indiana think
00:07:52.650 –> 00:07:55.780
there’s good moisture there then we see
a dryer period coming in with another
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area of high pressure following that and
that should bring dry weather through
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that next weekend for the 10 through the
11th will be keeping an eye out for
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system around the 14th and 15th could
bring half to one inch rainfall totals
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to the state right now I only like
coverage there at about 70 percent
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although it looks like a nice so we may
have to jack that to 90% or even a
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hundred percent in the days ahead if the
system holds together other things to
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talk about here
00:08:20.280 –> 00:08:22.730
breezy conditions you know what this
high-pressure dome I think we’ll
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continue to keep winds across the state
so look for wins to be a little bit
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brisk through the day today temperatures
normal or slightly below probably one
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more day today then we’re back to normal
as we go through tomorrow and the
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weekend so that will be nice and then
next week added that front adequacy
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south winds really take hold but all
eyes as we said on Joaquin we’ll see
00:08:42.060 –> 00:08:46.440
what happens to him later today that’s
the way things are stacking up I’m chief
00:08:46.440 –> 00:08:48.870
meteorologist Ryan Martin on who’s your
act today
00:08:48.870 –> 00:08:53.340
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this is who’s your ad today and
Wednesday Farm Market Review I’m Andy
00:09:28.520 –> 00:09:33.950
Eubank USDA report day as USDA issued
their September quarterly stocks report
00:09:33.950 –> 00:09:39.020
generally anywhere from neutral to
supportive this update is brought to you
00:09:39.020 –> 00:09:45.160
by seat consultants simply the best
value in the seed industry 800 708 267 6
00:09:45.160 –> 00:09:50.340
seed consultants dot com checked in
midday with Steve Bartman EFG group in
00:09:50.340 –> 00:09:56.060
Chicago Court report and market analysis
corn market initially had the greatest
00:09:56.060 –> 00:09:59.990
influence we broke down from the highs
what we’re trying to march back and I
00:09:59.990 –> 00:10:06.550
really think it’s because the wheat
market by itself is is constructed so if
00:10:06.550 –> 00:10:12.080
we got beat we train at 5:10 as we speak
here we can get this win over 5 15 with
00:10:12.080 –> 00:10:16.060
any kind of IM I think it’s going to
follow through there’s a decent looking
00:10:16.060 –> 00:10:21.730
little interim bottom there I think
technically the market may respect and
00:10:21.730 –> 00:10:25.130
as I said follow through a little bit
with a little bit of rice green beans
00:10:25.130 –> 00:10:33.590
the USDA lowered last year’s crop by 27
million bushel so we’ve got a September
00:10:33.590 –> 00:10:38.000
first estimate at a hundred and ninety
one million I think that’s constructive
00:10:38.000 –> 00:10:45.610
and again technically good you couldn’t
get no beans over 895 I think the market
00:10:45.610 –> 00:10:49.810
technically would be looking at the
potential for maybe 30 $0.40 college
00:10:49.810 –> 00:10:53.400
through which they could do it
absolutely mind meld people because
00:10:53.400 –> 00:10:57.410
we’re here and some pretty impressive
being yields coming out of the sealed so
00:10:57.410 –> 00:11:02.800
it’s pretty counterintuitive for the
market to be rallying right in the midst
00:11:02.800 –> 00:11:08.240
of harvest but that’s the way i chart
looks right now you got milk prices up
00:11:08.240 –> 00:11:12.570
two and a half but so will spread your
working in beings I think there’s enough
00:11:12.570 –> 00:11:16.050
constructive things that would drag
queen along for the ride
00:11:16.050 –> 00:11:21.140
Lawrence High today’s 394 and a half and
they said we broke 11 cents to the lower
00:11:21.140 –> 00:11:25.570
after the Report now we’re back to
unchanged on the day so you know for
00:11:25.570 –> 00:11:29.820
twenty after 11 I think it’s it’s
shaping up to be relatively constructive
00:11:29.820 –> 00:11:33.630
day right you know as removing into some
pretty serious
00:11:33.630 –> 00:11:39.580
harvest pressure the corner was whether
1.73 one which is pretty neutral pretty
00:11:39.580 –> 00:11:43.760
much in line with the average trade
guesses I still think in the big picture
00:11:43.760 –> 00:11:47.330
when you talk about the kind of crafts
we’ve had over the last two years and
00:11:47.330 –> 00:11:53.150
the fact that we’re looking at these
types at this level of quarterly stocks
00:11:53.150 –> 00:11:59.640
I think it’s it’s constructed because we
are producing big crowds and using it to
00:11:59.640 –> 00:12:04.160
the extent that we’re not building your
new year stocks I think that again is
00:12:04.160 –> 00:12:10.660
constructed but the core markets been
engine on relative strength or weakness
00:12:10.660 –> 00:12:15.330
in wheat prices it still doing it and I
think we finally might have enough of
00:12:15.330 –> 00:12:19.590
the story and we could rally a bit by
constructive Steve you’re also saying
00:12:19.590 –> 00:12:24.900
essentially that these estimates from
USDA don’t seem crazy out of hand no
00:12:24.900 –> 00:12:29.020
they’re not at all they are supportive
but there’s no there’s no big shockers
00:12:29.020 –> 00:12:34.530
here there’s no the market’s been
reacting war i’d say to some of the
00:12:34.530 –> 00:12:40.400
concerns about world demand China and
the way their stock markets been
00:12:40.400 –> 00:12:46.850
responding here that late you know the
markets the markets jittery about world
00:12:46.850 –> 00:12:51.160
demand Steve erdman at EFG group in
Chicago here is how the markets finished
00:12:51.160 –> 00:12:55.190
December corn did close right near
unchanged one and a quarter lower for
00:12:55.190 –> 00:12:59.960
December three eighty seven and three
quarters and March 398 in three quarters
00:12:59.960 –> 00:13:06.000
down a penny soybeans for November 1892
so three cents below that 895 mark up
00:13:06.000 –> 00:13:10.480
seven and three quarters on the day
though Jan means 894 up six and a half
00:13:10.480 –> 00:13:15.510
cents and wheat led the way up nine
points for December wheat at 5 12 and
00:13:15.510 –> 00:13:20.690
three quarters that is the Wednesday
market review and that is a wrap on the
00:13:20.690 –> 00:13:24.560
Thursday morning podcast here on who’s
your ad today
00:13:24.560 –> 00:13:28.220
I mean do you bank thanks for joining us
we’re back in the middle of the day with
00:13:28.220 –> 00:13:33.490
an update on the grain markets how will
the export sales report benefits the
00:13:33.490 –> 00:13:38.630
markets today or not we’ll find that out
on our midday addition expert analysis
00:13:38.630 –> 00:13:43.660
with Mike silver scheduled to join me
from Kokomo grain Howard County have a
00:13:43.660 –> 00:13:49.180
good Thursday and stay close to Indiana
agriculture with who’s your ad today
00:13:49.180 –> 00:13:50.830
Indiana’s farm network