Today we talked through the latest challenges to impact JBS, including the potential sale of some of their North American and European assets as well as a a Brazilian court blocking other sales in South America and potentially freezing the remainder of their assets. Oil gets cheaper and the markets break down as folks look to invest their dollars elsewhere. We also have a conversation with Quentin Rund about the InfoAg Conference, occurring July 24-27 in St. Louis, Missouri. Delaney and Mike will be there, covering all of the latest developments in precision ag.
Delaney is hosting today's podcast solo while Mike is away. Today's top news includes Secretary Perdue's finalized staff members who will be joining in the new USDA structure, a lawsuit arguing for a reversed ruling on the March 2016 issue of Country-of-Origin labeling, and an update from Steve Hilker about the fate of the Electronic Logging Devices and what that holds for the livestock industry.
Angie Setzer joins us to share her thoughts on this week's market moving news - changes in the structure of the corn market, weather and demand all are on her mind; and we discuss the weekend's news. Pigs did fly... to China, things in Washington D.C. were discussed, and name-calling happened in Brazil - with potentially criminal consequences.
Join Mike and Delaney as they attend the Red Power Round Up show in Des Moines, IA and catch up with Brian Holdeman, Co-Chair for the event as well as the chapter 5 president, and Lee J. Sackett who restores tractors for a living. In the world of news, updates on the Cuba trade relations, headalines from the Dow DuPont Merger and on Dow's "Enlist" corn, and more. Be sure to tune in Monday!
Today's news includes the first shipment of US Beef into China, an update on the Pink Slime Defamation case, and an interview with Terry Johnston at HTS Ag about Producer/Farmer Peer groups.
It's another hot day in Iowa and Mike's cows got out twice; so he and Delaney shared some cattle battle stories, but more importantly, we had the chance to learn about California agriculture from Daniel Bays from Bays Ranch. We talked apricots, a(l)monds, lima beans, droughts (both environmental and regulatory) and how profit margins are shaping up west of the Rocky Mountains.
Today Delaney and Mike spoke with Brock Lowry from The Westland Corp about matching up physical grain buyers and sellers throughout Canada and portions of the US. They deal with currency fluctuations and commodity price changes, and help growers look outside the box when it comes to marketing. And, Delaney helps us all learn a new word - quinquennial!
A look at the news with Mike and Delaney includes more out of Brazil, nominations for the US Dairy Board, Farm Credit Administration's quarterly reports, GIPSA and NAFTA closing comments, and President Trump's speculated announcement of relations with Cuba. Commodity Markets started the week with a lot of red and Ted Seifried breaks them down for AND
We were having such a good conversation with Dr. Sundberg that we wanted to share it with you all on this special Saturday edition of Ag News Daily. We learned today what SHIC is doing for producers today, and how Dr. Sundberg and his team are basically the Dr. House of the swine industry!
Today we continued eating our way through the World Pork Expo - had some delicious ribs and tasty maple bacon cinnamon ice cream as well as a delicious pulled pork BBQ sandwich from our good friend Speed Herrig from Cookies BBQ Sauces and Seasonings. Speed was Mike's first employer way back in the day, but he didn't have any dirt to spill - at least not with Mike standing right there. We also spoke with Dr. Paul Sundberg, the Executive Director of the Swine Health Information Center; a center put together after the devastating outbreak of PEDV in 2013 and 2014 and their goal is mitigate potential disease risks in the future. We'll finish up our conversation with Dr. Sundberg in a special Saturday edition of Ag News Daily on June 10th, so stay tuned!