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This Week's Titles:
Oilseed Cooperataive Takes Another Positive Step Go to it
2004 Georgia Farm Outlook Positive Go to it
Beef Cattle Outlook For Georgia Good Go to it
Interesting Discovery Made In Plants Go to it
Consolidating Bills Increase Money Problems Go to it

 

 

Oilseed Cooperative Takes Another Positive Step 1:27

Georgia's proposed Oilseed Cooperative recently took another step forward.

Last year the board of directors of the Oilseed Cooperative decided to locate their crushing facility near Claxton in Evans County. George Shumaker, an agricultural economist with the University of Georgia Extension Service says several weeks ago, the cooperative started selling stock to farmers across the state. He adds this is a significant step. "Yes, this is going to be the ultimate test as to whether or not this cooperative is going to succeed, and that is whether or not they'll be able to convince farmers of the state of Georgia to support this enterprise." George Shumaker with the College of Agricultural and Environmental Sciences, who adds farmers will have until the fall of 2004 to purchase stock in the Oilseed Cooperative. If stock sales are successful, construction of the crushing facility could begin late this year, or early in 2005, and be in operation by the fall of 2005. John Harrell, University of Georgia College of Agricultural and Environmental Sciences, reporting from Tifton.

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2004 Georgia Farm Outlook Positive 1:39

The early outlook for the 2004 farm year in Georgia is bright.

The 2003 farm year was the best farmers experienced in a long time. Timely rains fell, and market prices for most row crops increased. Don Shurley, an agricultural economist with the University of Georgia's College of Agricultural and Environmental Sciences says early signs point to a continued increase in farm income in 2004. He adds higher foreign demands for U.S. exports are helping market prices move up. "You know the world supply situation is very tight right now for most of these crops. Also the dollar, over the past couple of years, from it's high a couple of years ago, the dollar has weakened some. That has made our exports cheaper to other countries so a lot of things coming together here at the same time." Don Shurley with the College of Agricultural and Environmental Sciences. One problem farmers could face this year is rising prices for gasoline and diesel. When fuel prices go up, farmers also must pay more for chemicals and pesticides, which makes it a challenge to make a profit, even with improved market prices. John Harrell, University of Georgia College of Agricultural and Environmental Sciences, reporting from Tifton.

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Beef Cattle Outlook For Georgia Good 1:34

Despite mad cow disease concerns, Georgia's beef cattle outlook is bright for 2004.

When a single case of mad cow disease was confirmed last December in Washington state, there were fears the nations's beef industry would take a big hit. But the forecasts of doom and gloom did not occur, and an agricultural economist with the University of Georgia Extension Service believe's the beef industry in Georgia will have a good year in 2004. "No that really hasn't materialized, as a matter of fact U.S. consumers have really responded by maintaining their level of consumption of beef. And so demand has really held up well. Also we're in a position to where we have short cattle supplies anyway. So those two factors have combined to keep feeder and fed cattle prices up." That was Curt Lacy with the College of Agricultural and Environmental Sciences, who predicts market prices for beef cattle will change little from those cattle farmers received in 2003. John Harrell, University of Georgia College of Agricultural and Environmental Sciences, reporting from Tifton.

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Interesting Discovery Made In Plants 1:34

College scientists have discovered some interesting chromosomes in a plant.

Through the years it was thought sex chromosomes were extremely rare in plants. But a scientist with the University of Georgia's College of Agricultural and Environmental Sciences helped discover sex chromosomes in papaya shrubs and trees. He adds this is a significant discovery. "What the selective forces are that nature uses to propagate sex chromosomes. Because these occurred pretty recently it's an opportunity to better understand the early steps and the process of forming a sex chromosome." That was Andrew Paterson with the College of Agricultural and Environmental Sciences When further testing was done, scientists discovered that papaya sex chromosomes have virtually all the features that human sex chromosomes have, that determine the sex of the plant. A lot more research is planned for the future in hopes of discovering rare sex chromosomes in other plants. John Harrell, University of Georgia College of Agricultural and Environmental Sciences, reporting from Tifton.

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Consolidating Bills Increase Money Problems 1:27

Consolidating your bills could increase your money problems.

We see and hear advertisements encouraging people with bad credit to consolidate their debt. But a financial management specialist with the University of Georgia Extension Service cautions each of these agencies is providing a service to make a profit, not to help get people out of debt. He adds many people are shocked when they discover the negative side of a consolidation loan. "Most of the time and when you get a consolidation loan it's going to end up increasing your costs in the long term of repaying that debt. There are exceptions so you do need to check it out and see what it's going to be but in general the interest rates that you're able go get on consolidation loans make them too expensive to be worth it." That was Michael Rupured with the College of Family and Consumer Sciences, who adds if you truly want to get out of debt, it's probably best to stay away from debt consolidation loans. If borrowing is your problem, borrowing more is not the solution. John Harrell, University of Georgia College of Agricultural and Environmental Sciences, reporting from Tifton.

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