Nightly Business Report
- Transcript
Meeting the White House repeated its opposition to giving financial aid to workers who lose their jobs because of tougher pollution controls. The House version of the bill calls for such assistance, the Senate version does not. The environment is also expected to play a key role in debates on the upcoming Farm Bill. As Dale Gota reports from Wichita, Kansas, farmers are worried about attempts to tighten environmental standards for agriculture. For most farmers, agricultural chemicals that fertilize crops and kill weeds and insects have been essential for economic survival. But environmentalists are worried because traces of those chemicals are showing up in water supplies and in the food chain. Now that environmental issues have made their way into the 1990 Farm Bill debate, farmers also are worried about the impact on their economic health. Generally, farmers want to be the best possible environmentalists that can be and still make a living for their families and keep their communities alive to have the schools and all the infrastructure that's needed for a farming community. Critics of current farm practices say the proposed 1990 Farm Bill should encourage
farmers to cut back on chemical use. Farmers who plant the same subsidized crop year after year must rely on chemical fertilizers and pesticides to maintain high yield. If farmers were given the flexibility to substitute other crops, they might be able to cut back on their chemical needs. They realize that as they're able to make better management decisions on their farm, allowing them to use resource-conserving crops in their crop rotations and also having a wider array of farm crops that they can use on their farm that will be beneficial to them in terms of their economic bottom line, but also in terms of the environmental effects of their farming practices. The proposed Farm Bill now before Congress faces a difficult task of satisfying environmental critics and also of reassuring farmers that their livelihood will not be threatened. Because of the tremendous risk involved in our business to begin with, our not going out in a rapid fashion to adapt and practice new techniques that have not been proven, the risk is just too great.
Farm state legislators say their constituents are environmentalists in the purest sense of the word, but critics say farmers are suffering from a chemical dependency. The challenge for the 1990 Farm Bill is to help farmers break that chemical habit and still maintain their economic health. In which it taught Kansas, this is Dale Goder for the Nightly Business Report. Coming up tonight's market monitor, Dave Olman, and coming up tomorrow, our money file segment looks at, made in the USA investing, but first part of the... Coming up tonight's market monitor, Dave Olman. Military planes got a boost from the Gulf War, but defense spending is down, all of which leaves plane makers flying by the seat of their pants. Dale Goder reports from Wichita. Aircraft manufacturers appear to be on the verge of a new chapter in the up and down economic history of the industry.
Despite the key role played by air power in the Persian Gulf War, analysts say the future strength of the aircraft manufacturing industry won't come for military markets. Instead, they say the industry must look more to airline customers and the general aviation community. Well, there's a lot of talk because of the Gulf crisis that there will be a resurgence in spending on certain military aircraft, and we've maintained all along that even with a conflict of this kind that the long-term trend is still down for military spending in this country and elsewhere, as long as the Soviets are no longer considered a major threat. Although military spending may tail off, industry observers see a golden opportunity for business aircraft sold in foreign markets. Unlike domestic markets, which are only growing at two to three percent a year, overseas customers offer far greater potential. Many countries internationally, or where the United States was economically and in their overall growth, about where the U.S. was in 1950, and hence we're seeing a dramatic growth in the use of corporate aviation in these countries, vast increases in the numbers of airplanes.
We don't so much see a market share battle internationally, but just a tremendous growth in the overall usage of those kinds of products. For now, it appears that much of the aircraft industry is in a holding pattern. Find a decide whether it's ready to take off for new global heights, or whether it should buckle its seat belts for a rocky ride through an unsettled domestic economy. In Wichita, Kansas, this is Dale Goder for the Nightly Business Report. Coming up, Robert Reich looks at unemployment benefits and the economy. Robert Reich looks at unemployment. Despite continued bearishness in the soy and corn markets, wheat futures managed to hold their own in trading today. The annual wheat harvest is coming to a close now in Kansas, the top wheat producing state in the country. Bad weather, insects, and disease have kept this year's crop below last year's record yield, but potentially more serious problem faces U.S. farmers.
Their declining share of the world market, Dale Goder reports from Wichita. Ten years ago, about half of the nation's wheat crop was sold overseas on the international market. But this year, facing intense competition from heavily subsidized European producers, American wheat farmers can expect to account for only about a fourth of worldwide wheat exports. President, the export of wheat from the United States is facing the lows of the last five or six years. We had in the 80s as high as 1.7 billion bushels exported, and that has declined over time to this past year, where it was just a little over a billion bushels. The decline in exports is even greater in the wheat flower market. In the 1960s, U.S. millers controlled 80% of the export market for wheat flower. Today, the European community holds that 80%. U.S. millers say the deck is stacked against them also because of European government subsidies. We can serve very unfair.
I don't think any industry is entitled to subsidies if it can't compete, but where subsidies get involved, it's not a level playing field. The political solution to this problem is out of the hands of farmers and millers and falls to Congress in the administration. Kansas Representative Dan Glickman, chairman of the House subcommittee on wheat, soybeans and feed grains, says our government hasn't kept up with the changing international markets. Well, there's no question that the European community has just been subsidizing the heck out of their exports in an untargeted fashion, which means anybody who wants to buy grains, particularly wheat, has gotten an extra preferential deal. And then, of course, we face a lot of competition from other countries in the world that we've never used to face competition from, so that we are now no longer the major player in the international wheat market. Trade negotiations between Europe and the United States haven't resolved the subsidy wars that victimize American farmers and flower millers.
Until they do, our farmers will have to deal with another pest along with army worms, cutworms and plant disease. But there's no crop spray for a heavily subsidized European wheat farmer. Dale Goader, NBR, Wichita. Coming up, tonight's market monitor, Bill LaFave, vice president of Market Strategy for Tucker and... It's forcing refuse haulers to look west for dump sites, but some Midwest residents have had their fill of imported garbage and it's creating something of a trash war. Dale Goader reports from Wichita. Each day, Bales of Trash from New York and New Jersey are hauled to this former city-land field near McPherson, Kansas. To local residents and state officials, there's something sinister about the idea of burying East Coast Trash under Kansas soil. But because it is interstate commerce, states have little authority to ban the imported trash. I think it's stupid for those people to haul in East Coast trash and deposit it in McPherson , Kansas.
We now have the reputation of being the finest dump grounds in the Midwest and I don't like it. There are significant financial temptations for small rural communities to do business with the East Coast trash haulers such as environmental transport, owner of the McPherson landfill. What happened in New Jersey is an example. Their own landfill areas filled up. It's now, I think, about $100 a ton to deposit trash in their landfill areas. Our garbage was offered to elk county Kansas for $1 a ton, which over the year would bring in $1.4 million. That covers the entire budget of elk county for a year. So it obviously looks attractive. Proposed legislation in Congress would make it more difficult for heavily populated areas to dump trash in rural states. The East Coast trash haulers say that's not good policy. The real question I think that has to be answered by the politicians is what do we do
about the problem that we have nationally? How do we solve those issues for the nation? And certainly a solution isn't in my judgment achieved by simply saying, you ain't bringing it to us. Many Midwest residents are afraid that East Coast trash could damage the environment by polluting the land and water. But some landfill operators say that money from out of state trash could be the only way that abandoned landfills across the country can be filled and closed without damage to the taxpayer. Dale Goater, NBR, Wichita. In business briefs, manufacturers Hannover says it's negotiating to sell its trust business in Tokyo to state street bank. At Cherry Orchard furniture, we made special deals on several items in our solid wood
gallery. You'll love this quality solid wood dining group with butcher block table and four cushion high back chairs. During the price squeeze, you pay only $4.99. For more casual dining, choose this pitiful set with 42 inch solid wood pedestal table and four poster chairs with cansters, only $4.99. Hurry to Cherry Orchard furniture, $5,250, West Central. Because when they're gone, they're gone. It wasn't too long ago that grocery shopping was very difficult for me. A cataract had blurred my vision so much I couldn't read the labels or find that perfect head of lettuce. But thanks to modern cataract surgery, we've helped many seniors see the world clearly again. And we'll have you in and out the same day. And they even provided my transportation. Call 6-8-3-4-4-0 at Brown Eyecare cost will never stand in the way of your eyesight. Just in time for Halloween, they've got rid of the ghost acres, aren't they, Larry?
You amazed me so much. Well, you had a lot to do with eliminating that girl. Well, you know, not just me, but those old kids out there listening, they made a lot of telephone calls. They kind of got them riled. Oh, yeah. And that dead issue has done been made a lot. It's risen again. Let me hear more. All right. After nearly two months, folks of all kinds of headache, Congress about to finally reserve that, or resolve that long disputed second crop or ghost crop, if you will, provision of the disaster relief bill. The compromise ironed out in the Senate Ag Committee last night between Republican Dole and Democrat Leahy means that there will be no reductions in disaster payments for farmers who normally double crop their acres after wheat. We told you about that this morning, but more importantly, there are some other changes too now. Senator Nancy Casabom called us a few minutes ago, who's also been fighting to help with this situation, says the rest of the news is even better than anticipated this morning. Well, actually, it's even improved overnight.
It will be 50 percent protection. It will pass the Senate. That's my understanding that Congressman Glickman and Congressman Roberts have both been very actively working in, have the support of Congressman De La Garza, who is the chairman of the Agriculture Committee in the House, and that I think we're going to be in good shape. I'm so pleased it's a lot of hard work and negotiations on the part of Senator Dole and Congressman Roberts and Congressman Glickman. No doubt about that, friends. A lot of work by a lot of people, especially you folks out there who did your fair share of the work, and I think you need to be congratulated more than anybody. What it all means is this. Farmers will keep your food disaster payments. If the second crop failed to produce 50 percent of the average county yield now, 50 percent. This morning, we told you 40.
That's what she said is made better about this. Also, disaster aid will be reduced by the amount equal to the gross of a cash value that second crop. Dole on the Senate for this morning pledged to do everything possible to get the measure through the House as soon as possible, too. Both senators are hopeful the matter will once and for all be resolved, and maybe before the end of the week, Senator Dole said that he is real tickled about the situation, but he's sorry for the delay. The Democratic Chairman, Senator Lee, finally, let us pass the bill. I mean, there was no reason it shouldn't have passed three weeks ago, and I apologize to Kansas farmers, but we do believe that the bill, introduced by Senator Katzabom, I'm a co-sponsor along with Senator Benson and Senator Warren, Senator Domenici, will help for those who planted a second crop. No doubt about that. So folks, no word ASC, yes, yes, it will take a while to get all that to them, so there's probably no use to call them yet, but you may probably a week or so. Let's get on to the markets today, see how we stacked up here.
First of all, the grain markets, little week today, due to the fact that some rain might be coming this direction on wheat, and that good growing crop out there could use a drink I'll guarantee you, corn, two to three cents higher, it's a pretty good export business, so that means up to six to seven cents as well, as the harvest starts to wind down. I think that's going to help oats up a penny or two. On the Merck Live cattle, just hanging around, call them steady, friends, there's not much happening here, feeder cattle though, up a little on October, November. The live hog markets today are down across the board on the Merck until it's changed, feed lots still up to 75 yards on steers and heifers. Good active affair, but hogs are taking a meeting, buck buck and a half lower, $48 top. They say the packers are just in the red too much here, sheep and lambs are steady. The meat markets today showing Carcass cut out values on beef steady to strong, the pork cut market steady to a couple of bucks higher. So Greg, pretty good day. Yes, good, strong, bipartisan effort here, really, one of the farmlands dates for a switch. OK, just ahead, Ken Smith has a look at our weekend weather, we'll find out if warm temperatures are going to continue next in weather. Signs of the second largest seed company are pumping up all over America.
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Well perhaps some weather change on the horizon, huh? Maybe so, maybe a few thunderstorms in the area. Would you hurt to get on with around the edge? We haven't seen any thunderstorms in a while. Couple loads. That's right. No raindrops either. It's been an awfully dry October. If we don't get something the next couple of days, it's going to end up being one of the drier October's on record. Let's take a look at our current conditions outside. We're continuing to see lots of sunshine across the area. Temperature up to 74, our dew point, holding at 60 degrees. That gives us a relative humidity 62 percent, barometer falling, 30.15 inches and winds now out of the south and they're continuing to pick up now at 20 miles per hour. Let's take a quick look at some temperatures around the state. Much like we've had the last couple of days, temperatures rising into the low and mid-70s at the new hour. 73 in Hutchinson, 71, Great Bend, 74s at Dodge City in Garden City, and about 72 already this hour in Oberlin. Our satellite picture from yesterday during the afternoon hours showed some cloudiness, indicative of some moisture coming up from the Gulf across central Texas and the eastern parts of Oklahoma, even into the southeast Kansas.
But for the most part, the middle part of the nation remaining fair to partly cloudy just a lot of sunshine, Indian summer warmth, 10 to 20 degree above normal temperatures all the way from Texas across Kansas into the Great Lakes and into the Northeast. Just a lot of folks enjoying some very nice weather. Put the satellite pictures into motion though, you'll see the change that may be on the way. Lots of cloudiness beginning to show up over the Rockies into the northern plains even as a system that was affecting the Pacific Northwest. The last couple of days is finally swinging out into the Rockies and will make its way across the central and northern plains over the next couple of days. Right now, all we've got is mainly some high clouds across Colorado and then northward into North Dakota. Those will be entering the western parts of Kansas this afternoon, so the sunshine will be dimmed from time to time by some high clouds. But precipitation should we get any looks like it will hold off until the day tomorrow. Our forecast map shows that low pressure center now just about over Salt Lake City with the warm front moving up into the northern plains then turning into a cold front, another cold front trailing down through southern southwestern parts of Arizona. Now this system will move on to the east over the next couple of days and it does look
like we will see thunderstorms develop by tomorrow afternoon over portions of western Kansas. They may even make it into Wichita late in the day tomorrow as that low pressure center moves all the way up into North Dakota but the front will swing through rather rapidly. So here in Wichita if we get thunderstorms it looks like they'll be late in the day tomorrow then maybe early on Friday morning and then clearing out again another chance of thunderstorms coming in by late Saturday. So potential for some rainfall as I said it's been an awfully dry October and mild as well except for our one shot at some cooler weather last week. Today though temperatures very summer like in the 80s statewide 81 Wichita Saline and Hutchinson about 85 degrees in liberal those south winds are real gusty they'll continue to pick up through the afternoon about 15 to 30 miles per hour you'll really notice I think by late this afternoon. Tonight low temperatures mid 50s to low 60s about 63 in Wichita with partly cloudy skies. On Thursday that chance of thunderstorm sneaks into about the western half of the state possibly in Wichita in the evening hours 83 degrees Wichita 80 Salina cooling off significantly in the northwest only 70 in Oberlin.
The extended forecast shows that we still have that chance of thunderstorms early on Friday then again late Saturday and into Sunday and then partly cloudy skies on Monday temperatures in the 70s and the weekend will not be a rain out but we'll have to watch for those scattered thunder bumpers. The one comes by here I do too alright thank you can't all this week are our travels have taken us to various health and fitness paws around the country. There are spas that'll help you shape up or improve your golf swing but if you really need to slim down through for the road reporter Michelle Roth has found the place. I started that weighing 285 pounds and I felt like people stared at me strangely and looked at me differently as a person. I had 50 pounds to lose which was considerable and no idea how to do it. These women have tipped the scales in their favor by heading to Green Mountain in Ludlow Vermont. This facility calls itself an educational community for weight and health management. Since 1973 Green Mountain has helped thousands of women lose weight and keep it off but
losing weight is only part of the program. Leave your modification teaching healthy new attitudes about food helping women to feel in control of their lives and getting them to enjoy physical activity is what Green Mountain is all about. I'm amazed at what I can do already after just three days here the first day that I got here and I did this walking I walked eight tenths of a mile and I really thought I was going to die and today I walked two miles and I probably could have walked another. Green Mountain isn't inexpensive while there are one and two week programs the recommended stay is four weeks at a cost of $4,100 per person based on double occupancy. That includes lodging, meals, all activities and airport transfers. But no matter what the effect on your wallet the effect on your physique is what matters most. Officials in Green Mountain say that up to 50% of their clients maintain their weight loss and as anyone who's been on the weight loss roller coaster can tell you that in itself is worth its weight in gold.
In our next report, health and fitness on the high seas. Reporting on Great Spas, I'm Michelle Roth. For more information regarding this travel segment or for any of your business or vacation travel needs contact East Side Travel at 686-7375. Coming up next on Channel 3 news at noon, Marlon Brando is back in the movies with a new release of the dry white season up next. Marlon talks about the movie stars before he leaves his despair and tries to throw himself through the window forwards and being frustrated in that effort. He turned himself round and with great falls through himself backwards towards the window. Fight morning breath with scope. scope has two powerful ingredients to kill 90% of the bacteria that cause morning breath. Chisme.
What are you waiting for? Break us. You may kiss me now. Let's go, the best thing first thing in the morning. Looking for the latest in modular furniture? The area is later as sweet things. This handcrafted brand and bed suggested retail 675 is now just $499. Sweet things offers the latest line of a Misco tubular steel furniture. As a Misco bunk bed is now $499, you save $175. Which it has home for futon sofa beds is sweet things and now for a limited time get $100 off any futon sofa bed. Sweet things, it's fun, functional and affordable 21st and wood lawn in Brittany Center. The music plays, the tumbler spin, the light splash and the numbers show up on your TV live. And you could be yelling I won. You'll know first if you're watching Channel 3, your official Kansas lottery, Lotto America Station. Every Wednesday and Saturday at 9.59, be watching to see if you are the big winner on Lotto America. Right here on Channel 3, the place to be.
Moms and dads, looking for a safe and fun Halloween for your little ones? Hi, I'm Jason Wright. Bring your kids to townies small from 630 to 730 on Halloween night. Channel 3 and 96KRZ, KNSS, will be at the townies food court area with treats, trick or treat bags and costume contests. The peacock and elf will be there in their Halloween costumes and you can pick up a pledge card from UNICEF to help kids who don't usually get treats and you can visit mall merchants for safe candy treats. Halloween at townies, all treats, no tricks, sponsored by 96KRZ, KNSS and Channel 3. A lot of people are seeing red today, red shirts, red ribbons, red streamers. It's all part of wear red day. Red ribbon is the symbol to reduce the demand for drugs. Coming up at 5 on Channel 3, first news, we'll show you just some of the people fighting drugs by wearing red and we'll show you how law enforcement officers are being taught how to teach kids about drugs. That's all at 5 on Channel 3, first news. A dry white season is another movie about the horrors of apartheid in South Africa.
Donald Sutherland and Marlon Brando star on this drama that just opened in Wichita, Channel 3 Entertainment Editor Al Owens doesn't seem all that impressed with it. A dry white season should be titled a dry white movie. It's another one of those dreary movies designed to present inhumanity through the eyes of a white man who has no real stake in it. We've seen all of this before in the 1987 movie Cry Freedom, where the murder of Steve Biko becoming the foundation for the heroics of a white newspaper editor. We've also seen it in last year's Mississippi Burning, where those two poor downtrodden FBI agents were forced to solve the murder of three civil rights workers. And unfortunately, a dry white season follows the same white man's burden theme. With a white school teacher who miraculously finds that blacks are on the wrong side of the color line under apartheid.
It's news to me. Just because you haven't seen it before doesn't mean it hasn't always existed. Stolz didn't just happen yesterday and it's not going to just go away. I've been too naive, not too long. Mr. Marlon Brando, who is a far more than rather poorly attorney, who is enlisted to fight injustice. Please, Mr. Dory, I will take your case. I will take your case if only to make it abundantly clear how justice in South Africa is misapplied when it comes to the question of race. Brando's first Academy Award was in 1954 for his work in on the waterfront. He's gained enough weight to be the waterfront in this movie. As for the movie itself, it strains real hard to tell you something new about apartheid, but it never really does. I can do what this movie does in one sentence. A apartheid makes victims of all the people involved in it. Now there, and it didn't even cost you five and a half dollars to hear it.
Now it's rated R, some strong cruelty, and for that five and a half dollars you may pay to see it, I don't think you'll get more than 50 cents worth out of it. I'm Al Owens, and that's how I saw a dry white season. Paul Newman is another long-time star who's back on movie screens in the film Fat Man and Little Boy. Al says it's a much better return for that acting veteran. And that is our time for now. Thanks for joining us. We'll see you tomorrow at Lou. Mr. Perne Swallow, I'll be right back. See you in a second, guys. You got to eat, so why not eat right with the complete line of nutritionally smart foods from FarmFresh, health-break, so good you never guess how good they are for you, too. Health-break nutritionally smart foods, another quality line of products from FarmFresh.
This is a Channel 3 news health update brought to you by St. Joseph Medical Center. The New England Journal of Medicine is reporting a new treatment for severe bowel inflammation or Crohn's disease. The disorder can be very painful. It's been like for a month, I can't eat, as soon as I eat something, I'm like doubled over in pain. Crohn's disease causes inflammation, usually in the lower part of the small intestine, but it can affect any part of the digestive tract. Complications can include blockages, sores, or even holes in the intestines. A Danish study has found the drug cyclosporine seems to help, especially for patients that don't do well with other medications and diet changes. In a three-month study, 59% of these patients showed improvement. The only side effect seems to be occasional kidney damage. Debbie Bush, Channel 3 News, health update. Health update has been brought to you by St. Joseph Medical Center for health care information 24 hours a day, just dial Ask a Nurse at 689-5700. Hello, everybody, I'm Steve Dennis, and I'm Clark Schaffer.
Hey, do you know who the area's best track star is? How about the super hoop shooters? And don't forget the gridiron grates. Well, now you can find out. Every Monday at 10, as we salute, our amateur athletes of the week. See the faces who are going places, it could be someone you know. Amateur athlete of the week, brought to you by your Kansas team of Chevy dealers. Monday at 10, only on Channel 3. Kids down on drugs are first news focused at 5. NBC News of the Sauron, Michelle Gillan. The house today failed to override President Bush's veto of expanded federal funding for abortions. The vote was far less than the two-thirds needed. In the Philippines, a man got so mad at his wife, he threw a caracene lamp at her. The resulting fire killed him wrecked 2,000 houses and caused 31,000 people to flee. Here at home, sales of houses increased more than 4 percent last month and a new survey rates Seattle, America's most livable city.
- Series
- Nightly Business Report
- Producing Organization
- KPTS
- Contributing Organization
- PBS Kansas (Wichita, Kansas)
- AAPB ID
- cpb-aacip-8563337f196
If you have more information about this item than what is given here, or if you have concerns about this record, we want to know! Contact us, indicating the AAPB ID (cpb-aacip-8563337f196).
- Description
- Episode Description
- News recording featuring topics including farming and airplane manufacturing.
- Broadcast Date
- 1990-07-01
- Asset type
- Episode
- Genres
- News Report
- News
- Topics
- News
- Agriculture
- News
- Business
- Subjects
- Kansas News
- Media type
- Moving Image
- Duration
- 00:31:28.019
- Credits
-
-
Producing Organization: KPTS
- AAPB Contributor Holdings
-
KPTS
Identifier: cpb-aacip-922cac36578 (Filename)
Format: VHS
If you have a copy of this asset and would like us to add it to our catalog, please contact us.
- Citations
- Chicago: “Nightly Business Report,” 1990-07-01, PBS Kansas, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed November 2, 2024, http://americanarchive.org/catalog/cpb-aacip-8563337f196.
- MLA: “Nightly Business Report.” 1990-07-01. PBS Kansas, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. November 2, 2024. <http://americanarchive.org/catalog/cpb-aacip-8563337f196>.
- APA: Nightly Business Report. Boston, MA: PBS Kansas, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-8563337f196