Friday 27th January 2012

Basic ethics were not heeded

Commentary

Had basic ethics of journalism been heeded, the fiasco/debacle/extraordinary mess stemming from the release of a video clip from a speech by Georgia USDA official Shirley Sherrod would never have occurred.

It all started last Monday when Andrew Breitbart of the website Big Government.com posted a video clip from a speech that Sherrod made at an NAACP event in March where she talked about wanting to discriminate against a white farmer in danger of losing his farm. In no time at all – what I’m sure to Shirley Sherrod and her family felt like the entire country – had heard and/or seen the clip.

Shortly thereafter, Sherrod was very publicly condemned by the NAACP and on Tuesday she was very abruptly and publicly dismissed from her job at USDA. Later that day, it was made clear the video clip by which NAACP, the White House, USDA, some in national media, many so-called “citizen journalists” with blogs, Twitter and FaceBook accounts had used to judge Sherrod was only a small part of her speech and had indeed been taken out of context as she had claimed.

It became apparent that the video was only part of her speech, during which she revealed that this situation changed her attitude towards racism. As a matter of fact, the farm couple from Iron City, Ga. she mentioned in the clip quickly came to her defense and credits her for helping save their farm.

“We probably wouldn’t have our farm today if it hadn’t been for her leading us in the right direction,” said Eloise Spooner.

The official apology from the White House came Wednesday and later that day, an obviously regretful Secretary of Agriculture Tom Vilsack offered his apology. During a press conference, the former Iowa governor said time and again that he “deeply regretted” the decision made in haste to ask Sherrod to resign.

“As a result, a good woman has gone through a very difficult period and I’m going to have to live with that for a long, long time,” he said.

The ag chief took full responsibility for his knee-jerk reaction to the accusation that one of his staffers had made racist comments.

As the RTNDA Code of Ethics states, “Professional electronic journalists should pursue truth aggressively and present the news accurately, in context and as completely as possible. . .Professional electronic journalists should present the news with integrity and decency, avoiding real or perceived conflicts of interest and respect the dignity and intelligence of the audience as well as the subjects of news. . .Professional electronic journalists are accountable for their actions to the public, the profession and to themselves.”

Manipulating video or audio or photos or the written word for self-serving purposes is irresponsible. It is also irresponsible for us to accept as fact every politically-motivated mud-spattered claim made against a party, an issue or a candidate.

It is important for us, as individual consumers of information, to differentiate between sources of “news” and sources of “views.”

Just because you read it on a blog doesn’t make it so.

Another dispute between the CBB and NCBA

Calling the findings “extremely troubling”, the Cattlemen’s Beef Board (CBB) says it has discovered many expenses that were either improperly charged to the checkoff or insufficiently documented by the National Cattlemen’s Beef Association (NCBA).  Beef Board CEO Tom Ramey tells Brownfield’s Ken Anderson that one of the discrepancies involved travel expenses for the spouses of staff and volunteer leadership of NCBA.  And he admits this latest development isn’t going to help already strained relations between the CBB and NCBA.

AUDIO: Tom Ramey (3 min MP3)

Water-optimizing corn

Syngenta has unveiled Agrisure Artesian™ technology, the new line of water optimized hybrids. Wayne Fithian says this is not just drought tolerant corn but a hybrid that yields better in good growing conditions as well so growers do not have to trade-off.

This is actually the first of two technologies they are developing; the other is a water-optimized hybrid utilizing a genetically modified (GM) trait. These hybrids are anticipated to be available post-2015, pending receipt of all regulatory and key import market approvals.

AUDIO: Wayne Fithian talks about the technology

House Ag Committee passes three bills

The House Agriculture Committee has sent three bills to the full House for consideration:

H.R. 5852, the Mandatory Price Reporting Act of 2010, reauthorizes mandatory price reporting programs run by the U.S. Department of Agriculture for five years. It also adds mandatory reporting for wholesale pork cuts and electronic reporting for dairy products. Among the complaints at the USDA Dairy Competition Workshop in Madison last month were charges the CME cash cheese exchange is too thinly traded and not a good price discovery mechanism.

H.R. 3519, the Veterinary Services Investment Act, establishes a competitive grant program at USDA to support efforts to increase access to veterinary care in underserved areas.

H.R. 5509, the Chesapeake Bay Restoration and Improvement Act gives farmers and ranchers in the Chesapeake Bay region additional tools to help them meet regulatory requirements imposed on them by the Environmental Protection Agency.

FFA New Century Farmer Program wraps up in Iowa

Fifty young ag producers from across the United States learned what it takes to be a “New Century Farmer” last week in Johnston, Iowa. The National FFA Organization selected a highly exclusive group of young ag producers to attend the New Century Farmer Program. Catherine Roaten, a participant in the program from Sheridan, Indiana, says she was impressed by the leadership the students demonstrated.

“Every single person who attended this conference is going to be very influential in the future of production agriculture,” said Roaten. “Everyone out there wants to improve their operation, expand, and get more involved, not just on the farm, but in the community as well. [They are] teaching other people about agriculture and helping other people understand how big of an impact ag really is in our world.”

The students heard from keynote speakers, learned about the latest developments in agricultural technology, went on field tours, and had sessions to develop themselves personally and professionally. Roaten says the variety of industries the participants visited was important because the new century farmer has to be proficient in many different areas.

“Today’s farmers can’t just be farmers,” said Roaten. “They have to be business people. They have to be technologically advanced. They have to be able to use the precision ag equipment to better themselves because we have to produce more and you can’t produce more without better technology.”

Participants learned about everything from irrigation techniques to preventing family problems with inheritance issues. For more information about the New Century Farmer Program visit www.ffa.org.

Federal judge halts some parts of Arizona immigration law

A federal judge has issued an injunction blocking some elements of the Arizona Immigration Law set to take effect Thursday. U.S. District Court Judge Susan Bolton put a “hold” on the section which allows police officers to ask for immigration or citizenship papers from anyone suspected of being in the country illegally. That provision drew charges of racial profiling. The Judge also delayed a requirement that immigrants must carry their papers at all times and delayed a provision making it illegal for undocumented workers to apply for work in Arizona. Judge Bolton says those provisions are pre-empted by federal law.

The State of Arizona is expected to appeal the ruling, most expect the case to end up in the U.S. Supreme Court.

Many in agriculture are keeping a close eye on this situation as immigrant labor plays a large role in everything from vegetable production to meat packing and dairy.

Wheat leads corn and soybeans higher

Soybeans were higher on technical and speculative buying, along with spillover from wheat. Weather forecasts for early August now look a little hotter, especially in the already very dry Delta and we do still have a way to go in the growing season, keeping traders very uncertain. Also, China bought another 120,000 tons of new crop U.S. beans ahead of the open. China’s Ministry of Commerce projects July imports at 5.594 million tons and sees August at 3.884 million tons. Soybean meal and oil were higher, following the lead of beans. There was additional support in meal from talk of increased feed demand while gains in oil were kept in check by product spread trade. Weekly USDA export sales numbers are out Thursday at 7:30 AM Central. Soybeans are pegged at 700,000 to 1.25 million tons, meal is seen at 75,000 to 175,000 tons and oil is placed at 30,000 to 60,000 tons.

Corn was higher on technical buying, short covering and spillover from wheat. Contracts were due for a bounce after four days of losses and traders want to make sure corn outpaces wheat in global feed market share. At least to some extent, gains were limited by forecasts for generally non-threatening growing weather over the next 6 to 10 days. Ethanol futures were higher. Weekly U.S. corn sales are expected to be between 750,000 and 1.2 million tons.

The wheat complex hit new thirteen month highs on fund buying and short covering. The complex followed the lead of Europe, where contracts also hit new multi-month highs on concerns over weather impacting production in Russia, the Black Sea region and Kazakhstan. Also, it looks as though the drought may edge into eastern Ukraine, another huge world source of feed wheat. Still, it is worth noting that stateside, the fundamentals remain bearish and early spring harvest results look good. Weekly U.S. wheat sales are estimated at 250,000 to 450,000 tons.

Cash hogs trade higher but cattle are lower

A light to moderate cattle trade developed in the North on Wednesday, with live business nearly 2.00 lower at 93.00, and dressed deals off as much as 3.00 at 147.00 with a few up to 149.00 in Iowa and Nebraska. Most of these deals are probably linked to attractive basis opportunities. The South remained quiet with bids at 93.00, separated from asking prices by 2.00 to 3.00. Cattle slaughter was estimated at 130,000 head, the same as last week, but 6,000 more than last year. Boxed beef cutout values were weak on choice and firm on select. Choice boxed beef was down .53 at 154.70, and select was up .61 at 146.34.

Chicago Mercantile Exchange live cattle contracts settled unchanged to 50 points higher on the front month’s price discounts to last week’s cash cattle trade. Additional support came from short covering. Sharply higher corn values on the Chicago Board of trade helped to lift the deferred contracts. The lack of feedlot trade activity helped to secure the idea that cash prices could hold steady by the end of the week with overall beef values mixed at midweek. August settled .12 higher at 92.77, and October was up .27 at 94.20.

Feeder cattle ended mixed on pressure from the rally in the corn market. Traders in the feeder market were cautious given the increased feed cost associated with getting these cattle to market, but were not willing to give too much ground with nearby feeder contracts holding near 115.00. August settled .37 lower at 114.52, and September was down .25 at 114.85.

Feeder cattle receipts at the Ozarks Regional Stockyards at West Plains, MO totaled 3242 head on Tuesday. Compared to last week feeders trended steady to 3.00 higher. Steers medium and large 1 and 1-2 weighing 500 to 600 pounds traded from 117.50 to 127.00, 7 to 8 weights from 106.50 to 117.50. 500 to 600 pound heifers brought 107.50 to 116.50 and 7 to 8 weight heifers from 102.00 to 105.00.

Barrows and gilts in the Iowa/Minnesota direct trade closed 4.01 higher at 84.34 on a carcass basis, the West was 3.78 higher at 83.60, and the East was up .08 at 80.61. Missouri direct base carcass meat price is steady to 1.00 higher from 74.00 to 75.00. Wednesday’s hog kill was estimated at 400,000 head, 2,000 less than last week and down 18,000 from a year ago. Slaughter schedules throughout the week look pretty choppy, but processing margins look quite positive on paper and so far country receipts have been inadequately light. Pork carcass cutout value was up 2.49 at 89.35. The wholesale pork trade was slow with moderate to good demand and mostly light offerings.

Lean hogs settled 40 to 115 points higher on fund buying. Higher corn values on the Board of Trade helped to prop up the deferred months as higher feed costs may discourage producers from increasing production.  August settled 1.15 higher at 83.37, and October was up .72 at 76.95.

August pork bellies settled 3.00 higher at 102.75 on the run up in the lean pit.

Cattle conference could be controversial affair

Cattlemen from the across the U.S. are gathering in Denver for the Cattle Industry Summer Conference—and it has the makings of a controversial affair.

The divide between the Cattlemen’s Beef Board—the organization that administers the beef checkoff—and the National Cattlemen’s Beef Association widened even further this week when the Beef Board accused NCBA of breaching the financial firewall between its policy and checkoff divisions.  That follows an earlier dispute over the NCBA’s new governance proposal. 

Long-time beef industry observer, Chuck Jolley of Jolley & Associates in Shawnee, Kansas—who also covers the beef industry for cattlenetwork.com—says a split between the two organizations is probably inevitable.

“I’m not sure there are enough people who want to keep the status quo, as is, coming out of this,” Jolley says. “I think they’ll probably—if not a permanent split, there will be quite a bit more distance between the two organizations than there has been in the past.”

But Jolley sees it having very little impact on beef promotion activities.

“The promotion itself will go on as is—there won’t be any changes that I can see in that,” he says. “The real changes will be in the working relationship between the two organizations—and I really can’t see that having any material effect on beef promotion as such.”

Jolley says the other big topic of discussion at the conference will be the livestock marketing rule proposed by USDA-GIPSA.

AUDIO: Chuck Jolley (7 min MP3)

Closing Grain and Livestock Futures: July 28, 2010

September corn closed at $3.76 and 1/4, up 13 and 1/2 cents
August soybeans closed at $10.10 and 1/2, up 12 and 1/2 cents
August soybean meal closed at $301.70, up $7.20
August soybean oil closed at 38.84, up 28 points
September wheat closed at $6.15 and 1/2, up 20 and 1/2 cents
August live cattle closed at $92.77, up 12 cents
August lean hogs closed at $83.37, up $1.15
September crude oil closed at $76.99, down 51 cents
December cotton closed at 76.31, down 39 points
August Class III milk closed at $14.89, down 11 cents
Dow Jones Industrial Average: 10,497.88, down 39.81 points