AgDay Daily Recap - April 4, 2018

April 4, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
APRIL 4, 2018

HEADLINES

CHINA IS IMPOSING TARIFFS ON U.S. PORK, NUTS AND WINE BUT ARE SOYBEANS  STILL A WORRY?  WE KICK OFF OUR I-80 PLANTING TOUR  FOR THE SEASON - AND IT'S SLOW  MOVING IN WESTERN IOWA.  IN ANALYSIS - MACRO ECONOMIC FACTORS WHICH MOVE THE MARKETS.  AND AG SECRETARY SONNY PERDUE IS ON THE ROAD AGAIN - THIS TIME TO MICHIGAN. AGDAY - BROUGHT TO YOU BY THE CHEVY SILVERADO, THE MOST DEPENDABLE, LONGEST-LASTING FULL  SIZE PICKUPS ON THE ROAD. 

SOYBEANS COULD BE TARGETED
GOOD MORNING I'M BETSY JIBBEN IN FOR CLINTON GRIFFITHS. THERE ARE NEW  SIGNALS TODAY THAT CHINA MAY BE READY TO HIT U-S SOYBEANS WITH TARIFFS. AN OFFICIAL WITH THE 'U-S CHINA BUSINESS COUNCIL' SAYS HIS COLLEAGUES  HAVE BEEN MEETING WITH CHINESE GOVERNMENT OFFICIALS.  THE U-S-B-C REPRESENTS AMERICAN COMPANIES DOING BUSINESS IN CHINA. DURING THOSE TALKS, SOYBEANS WERE MENTIONED AS A POSSIBLE TARGET  FOR FUTURE RETALIATION...SHOULD THE UNITED STATES ANNOUNCE ADDITIONAL  TRADE MEASURES. "SO THE US CHINA BUSINESS COUNCIL'S CONVERSATIONS WITH SENIOR CHINESE GOVERNMENT  OFFICIALS INDICATE THAT SOYBEANS WILL VERY LIKELY BE A TARGET OF FUTURE TARIFF ACTION. THEY  RECOGNISE THAT SOYBEAN GROWERS IN THE UNITED STATES ARE PART OF PRESIDENT TRUMP'S CORE POLITICAL CONSTITUENCY AND THAT NOT ONLY WOULD IT IMPACT THE OVERALL TRADE DEFICIT ON ONE OF  CHINA'S LARGEST IMPORTS FROM THE UNITED STATES, IT MAY ALSO HAVE POLITICAL RAMIFICATIONS FOR THE  ADMINISTRATION IN THE FUTURE."PARKER SAYS THE ONGOING US-CHINA TRADE TENSION COULD OPEN THE DOOR  FOR OTHER INTERNATIONAL COMPETITORS TO CAPTURE THE US MARKET SHARE  IN THE ASIAN COUNTRY. THE U-S SHIPPED ABOUT 14-BILLION DOLLARS WORTH OF SOYBEANS TO CHINA  DURING THE LAST MARKETING YEAR. CHINA ACCOUNTS FOR MORE THAN HALF OF U-S SOYBEAN SHIPMENTS. CHINA RAISED IMPORT DUTIES ON A 3 BILLION U-S DOLLAR LIST OF U.S. GOODS IN  RESPONSE TO THE TARIFFS ON IMPORTED STEEL AND ALUMINUM THAT  PRESIDENT TRUMP ORDERED LAST MONTH. HOWEVER, CHINA HAS NOT RESPONDED TO THE THREAT OF ADDITIONAL U-S  TARIFFS STEMMING FROM INTELLECTUAL PROPERTY THEFTS.   BUT IF THEY DO, PARKER BELIEVES SOYBEANS COULD BE TARGETED IN THOSE COUNTER-MEASURES. THE STATUS OF U-S TRADE POLICY IS A MOVING-TARGET, IT CAN CHANGE IN A  MOMENT'S NOTICE WITH A FEW KEYSTROKES ON THE PRESIDENT'S TWITTER ACCOUNT. 

NAFTA THREATS
ON MONDAY MORNING THE PRESIDENT TOOK TO TWITTER AND REITERATED A  THREAT TO PULL OUT OF NAFTA IF MEXICO DOESN'T STOP PEOPLE AND DRUGS  FROM FLOWING INTO THE U-S FROM CENTRAL AMERICA.  AT THE SAME TIME BLOOMBERG IS REPORTING THE ADMINISTRATION IS PUSHING  FOR A PRELIMINARY NAFTA DEAL TO ANNOUNCE AT A SUMMIT IN PERU NEXT  WEEK. ACCORDING TO THAT REPORT THE WHITE HOUSE WANTS LEADERS FROM CANADA AND MEXICO TO JOIN IN UNVEILING THE BROAD OUTLINES OF AN  UPDATED PACT AT THE SUMMIT OF THE AMERICAS THAT BEGINS APRIL 13TH. 

PURDUE AG BAROMETER
THE LATEST AG ECONOMY BAROMETER FROM PURDUE UNIVERSITY AND THE CME  ADDRESSES "NAFTA" AND OTHER TRADE ISSUES. THE SURVEY OF 400 PRODUCERS WAS CONDUCTED DURING THE THIRD WEEK OF  MARCH - AFTER U-S IMPOSED STEEL TARIFFS BUT PRIOR TO CHINA'S RESPONSE. THE SURVEYORS ASKED ABOUT THE LIKELIHOOD THE U-S WOULD WITHDRAW  FROM NAFTA. THEIR RESPONSES WERE MIXED. MORE THAN ONE-THIRD OF RESPONDENTS PROVIDED A NEUTRAL RESPONSE - MEANING IT COULD GO EITHER WAY. 28-PERCENT EXPECT THE U-S TO REMAIN IN THE TRADE PACT. BUT 34-PERCENT  EXPECT THE U-S TO VACATE THE DEAL. "THE LARGEST SHARE OF PRODUCERS MORE THAN A THIRD HAD TOLD US THAT THEY SEE THIS AS A NEUTRAL LIKELIHOOD SO GIVING US THAT FIVE RATING SO THAT TELLS US IS A LOT OF UNKNOWNS OR AMBIGUITY AS TO  HOW PRODUCERS THINK THIS IS GOING TO PLAY OUT OVER THE NEXT SEVERAL MONTHS." THE OVERALL PRODUCER SENTIMENT DRIFTED LOWER IN MARCH. PURDUE  ECONOMISTS SAW DECLINES IN ATTITUDES ABOUT CURRENT CONDITIONS AND  FUTURE EXPECTATIONS. DESPITE THE DROP. ATTITUDES ARE STILL MORE POSITIVE THAN THEY WERE  DURING MOST OF 2016. BUT THE IDEA OF A TRADE WAR IS UNSETTLING. TYNE MORGAN JOINS US FROM PURDUE UNIVERSITY IN WEST LAFAYETTE, INDIANA, TYNE. THANKS BETSY. AS YOU MENTIONED WE SAW THE AG ECONOMY BAROMETER DECLINE A LITTLE THIS  MONTH AND WE'RE HERE NOW WITH JIM MINTERT WHO NOT ONLY COMES THROUGH THE DATA BUT COMPILES THE DATA EACH MONTH FOR THE AG ECONOMY BAROMETER. JIM WHY DO YOU THINK IT'S JUST  NOW THAT TRADE IS REALLY EATING INTO PRODUCER SENTIMENTS. I THINK PEOPLE BECAME MUCH MORE  CONCERNED ABOUT TRADE WHEN PRESIDENT TRUMP ANNOUNCED HIS INTENTION TO IMPOSE TARIFFS ON ALUMINUM AND STEEL IMPORTS FROM CHINA. AT THAT POINT I THINK IT BECAME MORE REAL THAT THAT  WAS GOING TO TAKE PLACE AND THAT INCREASED THE LIKELIHOOD OF SEEING SOME RETALIATION ON THE  PART OF IMPORTING COUNTRIES ESPECIALLY CHINA. WHAT DO YOU THINK HAS TO CHANGE TO REGAIN THE CONFIDENCE AGAIN. WELL I THINK PRODUCERS ARE  GOING TO LOOK VERY CLOSELY AT PRICES. THE PRICE REACTION AT LEAST IN THE SHORT RUN HASN'T BEEN  AS NEGATIVE AS PERHAPS YOU MIGHT HAVE EXPECTED. BUT THAT DEPENDS OF WHAT HAPPENS GOING  FORWARD. CHINA'S RESPONSE TO PRESIDENT TRUMPS IMPOSITION OF THE TARIFFS WAS ACTUALLY QUITE MEASURED. AND SO IT DEPENDS ON WHAT HAPPENS GOING FORWARD DO WE ESCALATE. OR DO WE  ACTUALLY NEGOTIATE. AND I THINK PEOPLE ARE STILL CAUTIOUSLY OPTIMISTIC THAT THIS WON'T TURN INTO A  FULL BLOWN TRADE WAR IT'S MORE LIKE A TRADE BATTLE AT THIS POINT. IF IT TURNS INTO A TRADE WAR I THINK  IT'S A VERY NEGATIVE FOR U.S. AGRICULTURE AND OF COURSE THE PART THAT WASN'T TOUCHED SO FAR WAS  SOYBEANS AND THAT'S REALLY THE CRITICAL FACTOR ESPECIALLY HERE IN THE MIDWEST. DO WE ESCALATE  OR DOING NEGOTIATE. THANK YOU JIM WE APPRECIATE IT AGAIN JIM MINTER WITH PURDUE UNIVERSITY  THAT AG ECONOMY BAROMETER THAT JUST CAME OUT TODAY SHOWING A DIP IN PRODUCER SENTIMENTS. REPORTING FROM PURDUE UNIVERSITY. I'M TYNE MORGAN."

I-80 PLANTING TOUR 2018
THE I-80 PLANTING TOUR - BROUGHT TO YOU BY THE ENLIST WEED CONTROL SYSTEM.  MORE WEED CONTROL.  LESS DRIFT AND VOLATILITY.  MAXIMUM YIELD POTENTIAL. SNOW CONTINUES TO FALL IN POCKETS ACROSS THE CORN BELT, DELAYING THE  START OF SPRING BUT, IT'S NOT GOING TO STOP OUR PLANTING COVERAGE.  WE KICK OFF OUR FIRST I-80 PLANTING TOUR REPORT OF THE SEASON THIS  MORNING. THE TWO FARMERS WE TALK WITH ARE SEEING A DUSTING OF SNOW   FOR NOW, WHICH MEANS SPRING IS STILL A WAYS A WAY. FARMERS WON'T LET THE FIRST "NICE" DAY OF SPRING PASS "JUST GETTING STUFF READY TO GO,"ESPECIALLY THIS YEAR IN WESTERN IOWA "I CAN'T WAIT TO GET STARTED, OF COURSE, WE'RE ALL LIKE THAT,""IT'S BEEN RAINING OFF AND ON FOR THE LAST MONTH OR SO,"AS FARMERS MIKE SCHROPP AND MIKE MAGUIRE HAVEN'T SEEN MANY DAYS LIKE  THESE DURING THE FIRST TASTE OF SPRING. "IT'S PROBABLY NOT GOING TO BE AN EARLY START FOR US.""IT'S  A LITTLE SLOW MOVING HERE IN WESTERN IOWA AS FARMERS WAIT FOR THE DATE WHERE THEY ARE  OFFICIALLY COVERED UNDER FEDERAL CROP INSURANCE. BUT DESPITE THAT, FARMERS HERE STILL WAIT FOR  DRY AND WARM WEATHER."BOTH HAVE BEEN BATTLING SOGGY PLANTING WEATHER IN THE PAST. "ABOUT THE LAST THREE SPRINGS IN A ROW WE HAVE BEN FIGHTING THE WET WEATHER." "THE BOTTOM GROUND HAS BEEN A STRUGGLE THE LAST COUPLE OF YEARS."A DREARY FORECAST AND SOUPY FIELDS THIS YEAR MEANS HARDLY ANY SPRING  FIELD WORK HAS BEEN DONE – UNUSUAL IN THEIR AREAS.  "NOT THIS SPRING. I HAVEN'T SEEN ANYONE DO ANYTHING37 (PICK UP AT 46)…. CONDITIONS JUST  HAVEN'T BEEN GOOD FOR IT."THANKFULLY, THESE FARMERS SAY THEY BOTH COMPLETED MAJORITY OF THEIR  WORK IN THE FIELD LAST FALL – SAYING OTHERS WHO HAVEN'T MOVED A WHEEL MUCH SINCE HARVEST ARE IN WORSE SHAPE. "I DID AN AWFUL LOT OF FIELD WORK, MORE THAN I'VE EVER DONE. I WORKED UNTIL DECEMBER 18  AROUND HERE ON SOME STUFF. IT WAS A REALLY GOOD FALL TO GET STUFF DONE," SELLING HAS BEEN HEIGHTENED AS EACH MADE MOVES ON THE MARKET THE BEGINNING OF THE YEAR. "WE ARE PROBABLY 40 PERCENT SOLD ON BEANS AND MAYBE THE SAME ON CORN."SCHROPP EVEN SELLING MORE THAN HE ANTICIPATED. "I SOLD ABOUT ALL OF MY BEANS IN ABOUT TWO WEEKS TIME. IN FACT, I'M OUT. SOLD THEM ALL,"AS THE TWO WAIT FOR SOIL TEMPERATURES TO RISE... THEY PREPARE FOR ANOTHER YEAR. "I'M A LITTLE HEAVY CORN THIS YEAR HOWEVER, THIS YEAR I THINK IT'S GOING BACK TO MORE OF A 50-50  ROTATION.""MY ROTATION IS 50-50 CORN AND BEANS."I THOUGHT ABOUT PLANTING A LOT MORE BEANS BUT I'M NOT GOING TO DO IT. SHOULD HAVE DONE IT  LAST YEAR." WORKING TO BE READY NAW, I'M ALWAYS READY TO GO."WHEN THE NEXT "NICE DAY" FOR SPRING ARRIVES. MAGUIRE SAYS EVEN IF THIS SPRING IS LATE, HE'S NOT PLANNING ON SWITCHING  HIS ACREAGE MIX UNLESS PLANTING BECOMES EXTREMELY LATE BECAUSE HE ALREADY HAS MOST OF HIS INPUTS DOWN. SCHROPP SAYS HIS SOIL TEMPERATURE WAS LINGERING AROUND 39 DEGREES  THE LAST TIME HE CHECKED, WHICH MEANS TEMPERATURES HAVE A WAYS TO GO  BEFORE HE EVEN THINKS ABOUT PLANTING.  

DAIRY MPP
USDA ANNOUNCING DAIRY PRODUCERS MAY NOW SIGN UP FOR COVERAGE  UNDER A NEW AND REVISED MARGIN PROTECTION PROGRAM.  THE DEPARTMENT SAYS THE SIGN-UP PERIOD BEGINS APRIL 9 AND LASTS  THROUGH JUNE 1. THE MPP CHANGE WAS SIGNED INTO LAW UNDER A SPENDING BILL TO FUND THE  GOVERNMENT BACK IN FEBRUARY.  MANY DAIRY INDUSTRIES LOBBIED FOR THE CHANGE WITH THE OLD MPP- CALLING IT 'INEFFECTIVE.' THE OLD SAFETYNET WAS PLACED IN THE 2014 FARM BILL.  

CROP COMMENTS
IT LOOKS A LOT LIKE JANUARY INSTEAD OF APRIL ACROSS FARM COUNTRY. MIKE  HOFFMAN JOINS US NOW WITH MORE.  GOOD MORNING, BETSY.  WE'LL START OFF IN YORK, PENNSYLVANIA. THIS IS A LOOK OUTSIDE OF  GEOFFREY ARNOLD'S WINDOW - A FRESH BLANKET OF SNOW.  HE RECEIVED 4 INCHES OF SNOW- WHICH MAKES IT SEEM LIKE THE BEGINNING  OF JANUARY OR FEBRUARY, NOT APRIL.  AND IT LOOKS LIKE THE WEATHER IN SOUTH EAST SOUTH DAKOTA DRASTICALLY  CHANGED FROM THE BEGINNING OF THE WEEK.  THIS PICTURE IS FROM BETSY'S DAD. HIS AREA IS SUPPOSED TO RECEIVE 3 TO 6  INCHES OF SNOW WITH LOWS IN THE SINGLE DIGITS.  HE'S RUNNING AROUND GETTING BEDDING FOR HIS CALVES - TO TRY TO KEEP THEM WARM DURING CALVING SEASON. ND TAKING A LOOK AT THE WIND SPEED FORECAST. YOU CAN SEE GREAT LAKES NORTHEAST MID- ATLANTIC GOING TO START OFF VERY WINDY TODAY A FEW SPOTS IN THE WESTERN PLAINS INTO THE EASTERN  ROCKIES WE'LL TURN WINDY AS WE HEAD THROUGH THE DAY AND THEN BY TOMORROW MORNING CENTRAL  PLAINS THE NORTHEAST KIND OF ON THE WINDY SIDE AND AS WE HEAD THROUGH THE AFTERNOON THAT WILL  EXPAND INTO THE OHIO VALLEY PARTS OF THE NORTHERN MISSISSIPPI VALLEY AS WELL. WE'LL HAVE YOUR  FORECAST COMING UP. FIRST HERE SOME HOMETOWN TEMPS 

TEASE
NEXT IN AGRIBUSINES WE FOCUS ON THE "BIG PICTURE" OF MACROECONOMICS. LATER CHINA TARIFFS AND ITS IMPACT ON U-S APPLE GROWERS. AND PACK YOUR BAG.  IT'S ROAD TRIP TIME FOR THE AG SECRETARY. YOU COULD WIN A 2018 JOHN DEERE GATOR FROM VALENT USA.  VISIT VALENTFULLYLOADED.COM  TO ENTER. 

AGRIBUSINESS
HOW DO MACRO ECONOMICS PLAY A ROLE IN COMMODITIES? AND WHAT SHOULD  YOU PAY ATTENTION TO AS WELL?  CLINTON GRIFFITHS JOINS US AT THE AGRIBUSINESS DESK.  JIM MCCORMICK WITH ALANDALE OUR GUEST HERE AT THE AGRIBUSINESS DESK. JIM OVER THE LAST  YEAR OR SO WE'VE TALKED A LOT ABOUT THE STOCK MARKET. WE'VE TALKED A LOT ABOUT THE VALUE OF THE U.S. DOLLAR WE'VE LOOKED AT THE WORLD ECONOMY. ALL OF THOSE THINGS SEEM TO BE MOVING IN  CLICKING RIGHT ALONG. IS IT STILL THE CASE. IS THAT STILL MOVING IN THAT DIRECTION. I THINK ACTUALLY WE'RE PROBABLY SLOWING DOWN A LITTLE BIT. FOURTH QUARTER GDP WAS A BIT BETTER THAN THE LAST  QUARTER'S GDP. IT JUST CAME OUT WAS A BIT BETTER THAN ANTICIPATED BUT WE'RE NOT AT THAT 3  PERCENT PLUS IT LOOKS LIKE TO GROWTH. THE FED STARTING TO RAISE INTEREST RATES AS THEY START RAISING INTEREST RATE THAT IS A LITTLE BIT OF A RED FLAG FOR THE STOCKS. THE STOCK MARKET IS  DEFINITELY A LITTLE BIT JITTERY ABOUT TRADE TARIFFS TRADE WARS THAT'S NEVER GOOD FOR FOUR COMPANIES. SO WE'RE SEEING A LITTLE BIT WEAKNESS IN THE STOCK MARKET AND THAT'S DRIVING HOPEFULLY SOME  MONEY INTO THE COMMODITIES THE JOB MARKET HAS BEEN ON FIRE SERVICE JOBS WE'VE HAD IN  YEARS. YOU'RE STARTING TO SEE WAGES START FIRMING UP THAT'S GOING TO GET YOU INFLATION. AND THE  ONE THING THAT'S GOOD FOR PRODUCERS AND PEOPLE WHO LIKE TO TRADE COMMODITIES IS YOU GET INFLATION BECAUSE IF YOU GET INFLATION HOW DO YOU HEDGE IT. YOU BUY COMMODITIES. YEAH. SO  THAT'S A GOOD SIGN I THINK FOR THE LONG RUN AS WE GET IS A LITTLE BIT INFLATIONARY PUSH INTO THE  MARKET THAT SHOULD HOPEFULLY HELP US EITHER SUPPORT VARIOUS PRICES OR EVEN PROPEL ME TO THE  CORN AND WHEAT MARKET HIGHER. YEAH. AS WE SEE SOME OF THE ISSUES GOING ON IN THE FINANCIALS WE TALK A LOT ABOUT HOW THAT KIND OF GETS PEOPLE MORE INTERESTED IN COMMODITIES  AND TELL PEOPLE WHY. BECAUSE I DON'T KNOW IF WE ALWAYS MAKE THAT CONNECTION. ALL RIGHT NOW  THEY TEND TO RUN AN INVERSE IT SEEMS LIKE WHEN WHEN THE STOCKS GO WEAK OR THE COMMODITIES  TEND TO GO HIGHER AND VICE VERSA. LIKE I SAID AFTER THIS PHENOMENAL RUN WE'VE BEEN ON A NINE YEAR RUN ON THE STOCKS THEY REALLY HAVE PUSHED TO THE LIMIT. AND YOU KNOW INVESTORS ARE  GOING TO LOOK FOR SOMETHING CHEAP. NOW IF YOU LOOK AT THE PRICE OF CORN TODAY IT'S OVER FOUR  DOLLARS. NOW IT'S NOT THE DIRT CHEAP PRICES WE WERE AT 20 YEARS AGO. BUT JUST THINK WHAT 70 YEARS AGO WE HAD EIGHT DOLLAR CORN AND BEANS UP NEAR 20 SO BEANS EVEN AT TEN THEY LOOK  CHEAP AND THAT'S WHAT YOU WANT TO DO THE INVESTORS LOOKING FOR INVESTMENT OPPORTUNITIES OR  SOMETHING THAT'S LOW PRICE LOOKING TO GAIN IN VALUE THEN COMMODITY PRICES ARE A GOOD ONE. ALL RIGHT. ALL RIGHT. APPRECIATE IT JIM. THANK YOU SO MUCH. WE'LL BE BACK WITH MORE AGDAY IN  JUST A MINUTE.

WEATHER
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. NOW MIKE AS YOU KNOW I'M FROM  SOUTH DAKOTA AND MY DAD REMINDED ME LAST YEAR WE HAD SNOW MAY 1ST FOR MAY PARTICULARLY  IN SOUTH DAKOTA. BUT HOW COMMON IS IT TO HAVE SNOW LIKE THIS AROUND THE U.S. DURING DURING APRIL. WELL IT'S NOT VERY COMMON IN SOME OF THESE SOUTHERN AREAS THAT HAVE BEEN GETTING INTO CENTRAL PLAINS INTO THE OHIO VALLEY BUT IT'S FAIRLY COMMON LAKE WHERE YOU LIVE. FARTHER NORTH INTO THE NORTHERN PLAINS BUT THIS IS THE ROOT ZONE MOISTURE MAP THIS SHOWS HOW MUCH WATER  THERE IS IN THE TOP LAYERS OF THE SOIL ITSELF. AND YOU CAN SEE THIS IS STRAIGHT FROM NASA. SO THIS  IS FROM A SATELLITE AND IT GETS THE DATA AND GOES RIGHT INTO THIS MAP VERY WET TENNESSEE  VALLEY OHIO VALLEY. OF COURSE SOME OF THAT IS MELTED SNOW. PARTS OF THE GREAT LAKES WET ALSO MONTANA AND NORTHERN WYOMING WET THE VERY DRY IN A FOUR CORNERS REGION THAT'S EXTENDING  EASTWARD INTO PARTS OF KANSAS NORTHERN TEXAS WESTERN OKLAHOMA EVEN OVER INTO PARTS OF  MISSOURI AND ILLINOIS ALTHOUGH THOSE AREAS HAVE IMPROVED OVER THE PAST COUPLE OF WEEKS. HERE'S WHAT'S GOING ON RIGHT NOW STORM SYSTEM MOVING THROUGH THE EASTERN GREAT LAKES IN  THE NORTHEAST SNOW IN THE NORTHERN PART OF THAT AND SOME OF THAT WILL COME ALL THE WAY DOWN INTO THE CENTRAL APPALACHIANS BY LATER ON TODAY. YOU CAN SEE THE SHOWERS AND THUNDERSTORMS AND HEADING OFF TO EAST COAST DOWN INTO NORTHERN FLORIDA THOUGH NEXT SYSTEM DIVING INTO THE  NORTHERN PLAINS A LITTLE BIT OF SNOW THERE IN NORTH DAKOTA BY LATER TODAY THAT'LL BE SPREADING  INTO MINNESOTA AND WISCONSIN AS WE HEAD THROUGH TOMORROW MORNING. NEXT STORM SYSTEM  KIND OF SWIRLING OFF THE WEST COAST IT'S EVENTUALLY GOING TO BRING IN SOME RAIN. YOU CAN SEE  ESPECIALLY DURING THE DAY TOMORROW IN THE PARTS OF CENTRAL NORTHERN CALIFORNIA BUT ESPECIALLY  WESTERN WASHINGTON AND OREGON AND SOME MOUNTAIN SNOW THAT INITIAL SYSTEM THEN SPREADING RAIN AND SNOW ACROSS THE GREAT LAKES CHECKING OUR PRECIPITATION ESTIMATE PAST 24  HOURS SOME DECENT AMOUNTS WHERE THE THUNDERSTORMS HIT PARTS OF INDIANA AND OHIO ALL THE  WAY DOWN IN THE EASTERN TEXAS. ADDING IN THE NEXT 36 HOURS YOU'LL NOTICE THAT WE WE SPREAD  SOME ACROSS THE NORTHERN PORTIONS OF NEW ENGLAND ESPECIALLY AND WE ADD SOME TO THE NORTHWEST AND NORTHERN ROCKIES AS WELL SNOWFALL PAST 24 HOURS ADDING IN THE NEXT 36 WILL  SPREAD A LITTLE BIT FARTHER SOUTH INTO SOME OF THOSE LAKE EFFECT AREAS AND SOME MORE IN MAINE.  AND ALSO ADD A LITTLE BIT MORE ACROSS THE NORTHERN TIER INTERIOR STATES BACK THROUGH THE PLAINS. HIGHS TODAY THIS AFTERNOON 20S AND 30S IN THE NORTH. A LITTLE BIT MILDER DOWN TO THE SOUTH BUT  LOWS TONIGHT GOING TO BE IN THE 30S ALL THE WAY INTO NORTHERN GEORGIA ALABAMA TEENS FARTHER  NORTH 50S ALONG THE GULF COAST TRIES TO START WARMING UP ANYWAY ONCE AGAIN IN OKLAHOMA AND TEXAS TOMORROW. STILL ON THE CHILLY SIDE THROUGH THE GREAT LAKES IN THE NORTHEAST AND IT'S  ALL BECAUSE OF THIS BIG ROTATING AREA OF LOW PRESSURE IN THE JET STREAM LEVEL KEEPING THINGS  COLD IN THE NORTHEAST QUADRANT OF THE COUNTRY OCCASIONALLY INTO THE SOUTHEAST. THAT IS GOING AWAY THOUGH IN SEVEN TO 10 DAYS SO MAYBE IT WILL CHANGE THINGS EVENTUALLY HERE. THAT'S A  LOOK ACROSS THE COUNTRY NELIS TAKE A LOOK AT SOME LOCAL FORECASTS. WE HAD TO SPOKANE  WASHINGTON FIRST OF ALL A FEW FLURRIES OTHERWISE BECOMING PARTLY SUNNY HIGH 47 BARTLESVILLE  OKLAHOMA BRIGHT SUNSHINE BUT CHILLY HIGH 55 AND MONTPELIER VERMONT CLOUDY WITH TIMES OF RAIN HIGH OF 53.

TEASE
UP NEXT - U-S APPLE GROWERS ARE WONDERING HOW CHINA TARIFFS WILL  IMPACT THEIR BOTTOM LINE. DETAILS NEXT FROM OUR PARTNERS AT THE  PACKER. PLUS USDA GIVES A "TUNE-UP" TO THE OLE' R-V AS AG SECRETARY PERDUE IS  READY TO HIT THE ROAD AGAIN THIS YEAR!. 

PACKER TV
IN NEWS FROM OUR PARTNERS AT THE PACKER - THE PORK INDUSTRY ISN'T THE  ONLY SECTOR WORRIED ABOUT RETALIATORY TARIFFS SLAPPED ON ITS  PRODUCT- APPLE GROWERS ARE ON EDGE TOO.  APPLES ARE ALSO IN THE MIDDLE OF THE U.S. CHINA TRADE SPAT WITH A 15 PERCENT TARIFF ON ITS PRODUCT.  WASHINGTON IS THE LARGEST PRODUCER OF APPLES AND SWEET CHERRIES IN  THE UNITED STATES.  CHINA BOUGHT ROUGHLY 50 BILLION DOLLARS WORTH OF APPLES FROM WASHINGTON LAST YEAR.  A STORMY CLOSE TO CALIFORNIA'S RAINY SEASON HAS SLOWED THE STATE'S  PLUNGE BACK INTO DROUGHT.  THIS WEEK A STATE WATER AGENCY MEASURED  THE SIERRA NEVADA SNOWPACK.  THE WELCOME RUN OF RAIN- AND SNOWSTORMS LAST MONTH MORE THAN  DOUBLED THE STATE'S SNOW TOTALS FOR THE YEAR, HIKING IT TO 52 PERCENT OF NORMAL. THE SNOW SURVEYOR SAYS MARCH PRECIPITATION WAS GOOD BUT NOT GREAT. BUT GOING INTO MARCH, THE SNOWPACK WAS ONLY ABOUT A QUARTER OF  NORMAL LEVELS. 

TEASE
UP NEXT - THE AG SECRETARY TAKES A ROAD TRIP. WE'LL SHOW YOU WHERE  HE'S HEADED, NEXT ON AGDAY.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE. VISIT KUBOTA.COM TODAY. AGRICULTURE SECRETARY SONNY PERDUE IS BACK ON THE ROAD THIS YEAR  FOR HIS THIRD "BACK TO OUR ROOTS" R-V TOUR. HE STARTED THIS ROAD-TRIP LAST SUMMER, HITTING STATE FAIRS IN THE  MIDWEST. LATER IN THE SUMMER, HE TOURED NEW ENGLAND ON TUESDAY SECRETARY PERDUE VISITED THREE LOCATIONS IN SOUTH- CENTRAL MICHIGAN, STARTING AT MICHIGAN STATE UNIVERSITY. HE TALKED WITH AG STUDENTS AND TOURED SOME OF THE RESEARCH LABS AT  THE LAND-GRANT SCHOOL. LATER IN THE DAY HE TOURED A BRAND NEW PORK PROCESSING PLANT AND A GREENHOUSE FACILITY - BOTH IN COLDWATER, MICHIGAN. USDA SAYS THE R-V TOUR ALLOWS THE SECRETARY TO HEAR DIRECTLY FROM THE AMERICAN  PEOPLE IN THE AGRICULTURE COMMUNITY."  AND THERE'S NO SHORTAGE OF TOPICS THIS YEAR. BESIDES THE CURRENT  TRADE STRIFE, CONGRESS IS ALSO WORKING ON A FARM BILL. NO SHORTAGE OF COMMENTS THERE. SECRETARY PERDUE WILL ALSO VISIT OHIO AND KENTUCKY THIS WEEK. 

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR ALL OF US AT AGDAY, I'M BETSY JIBBEN. HAVE A GREAT DAY. 

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