AgDay Daily Recap - August 7, 2017

August 7, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
AUGUST 7, 2017


HEADLINES
COULD A FARM BILL GET DONE IN 2017? I'M MICHELLE ROOK. THE HOUSE AG COMMITTEE BRINGS THEIR CONVERSATIONS IN THE FIELD TOUR TO  MINNESOTA. I'LL HAVE THE DETAILS FROM FARMFEST. IN AGRIBUSINESS...AUGUST WEATHER MAKES SOYBEANS MACHINERY PETE CONFIRMS HIS SUSPICIONS ON RECENT USED EQUIPMENT  TRENDS. AND THESE TENNESSEE KIDS ARE LEARNING LIFE LESSONS AT A SUMMER  GARDEN.AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

FARM BILL
GOOD MORNING I'M CLINTON GRIFFITHS.   CONGRESS FACES A FULL-PLATE OF  ISSUES WHEN IT RETURNS IN SEPTEMBER, BUT LEAD FARM BILL WRITERS STILL  HOPE TO COMPLETE ACTION ON A NEW 5-YEAR FARM PLAN THIS YEAR. RANKING SENATE AG COMMITTEE MEMBER DEBBIE STABENOW SAYS THAT SHE  AND COMMITTEE CHAIR SENATOR PAT ROBERTS ARE VERY FOCUSED ON COMING  TOGETHER GETTING A FARM BILL DONE.  ON THE HOUSE SIDE, THE AG COMMITTEE HAS BEEN HOLDING FIELD HEARINGS  ACROSS THE COUNTRY TO GET INPUT FROM FARMERS.  ON FRIDAY THE PANEL  WAS AT FARMFEST IN MORGAN MINNESOTA. MICHELLE ROOK REPORTS ON THE CHALLENGES LAWMAKERS FACE TO WRITE A  BILL THAT IMPROVES ON THE CURRENT LAW. IN THIS TIME OF LOW COMMODITY PRICES THE HOUSE AG COMMITTEE  HEARD DIRECTLY FROM FARMERS HERE AT FARMFEST IN MINNESOTA ABOUT HOW THE NEXT FARM BILL CAN  HELP. THE COMMITTEE HEARD RESOUNDING TESTIMONY ABOUT THE FARM BILL PROVIDING AN ADEQUATE SAFETY  NET. HOWEVER, CHAIRMAN CONAWAY SAYS THAT MEANS MORE OF TWEAK THAN AN OVERHAUL. HOUSE AGRICULTURE COMMITTEE CHAIR MIKE CONAWAY, "COTTON HAS TO GET BACK INTO TITLE  ONE, WE'LL HAVE TO ADDRESS THE DAIRY PROGRAM, THE MARGIN PROTECTION PROGRAM FOR MILK AND  THE ARC COUNTY PAYMENT SCHEME, THOSE ARE THE BIG THREE." 11 SEC LIVESTOCK PRODUCERS ALSO ASKED FOR A $150 MILLION FMD VACCINE BANK, WHICH THE COMMITTEE  IS LOOKING FOR FUNDING FOR. KRIST WOLLUM, MINNESOTA CATTLEMEN'S ASSOCIATION PRESIDENT, "SO WE CAN HAVE ACCESS  TO THE VACCINES WE NEED IN CASE AN OUTBREAK WERE TO HAPPEN IN THE UNITED STATES. IF SOME  TYPE OF EVENT LIKE THAT WERE TO HAPPEN IN THE U.S. WE WOULD BE FACING BASICALLY AN END TO OUR  EXPORTS." RANKING MEMBER COLLIN PETERSON WAS SURPRISED WITH TESTIMONY THAT CROP INSURANCE IS MORE  IMPORTANT THAN THE TITLE ONE SAFETY NET OR INCREASING REFERENCE PRICES. RANKING HOUSE AG COMMITTEE MEMBER COLLIN PETERSON, MN, "I THINK PEOPLE ARE BEING  REALISTIC AND REALIZE WE DON'T HAVE A LOT OF MONEY TO DO WHAT NEEDS TO BE DONE AND THEY'RE  GONNA PROTECT THE MOST IMPORTANT THING AND THAT'S CROP INSURANCE."  TOM HAAG, MN CORN GROWERS ASSOCIATION, "WE WANT TO MAKE SURE THAT OUR CROP  INSURANCE IS NOT AFFECTED. IT WAS IN THE PRESIDENT'S BUDGET TO DO SOME CUTTING THERE WE DON'T  WANT TO HAVE THAT HAPPEN."THE BIG KEY IS GOING TO BE FINDING THE MONEY FOR THE FARM BILL. CHAIRMAN CONAWAY SAYS THE  COMMITTEE IS FACING A POTENTIAL $10 BILLION CUT BASED ON THE 2018 HOUSE BUDGET. CONAWAY, "SO ONCE THAT'S FINALIZED IF IN FACT WE WIND UP HAVING TO COME UP WITH $10 BILLION  THEN WE WILL COME UP WITH IT AS ALL THE AUTHORIZING COMMITTEES WILL. THE BUDGET COMMITTEE  GAVE ME GREAT FLEXIBILITY IN MAKING THAT HAPPEN IF THAT'S THE CASE."  I DON'T REALLY THINK  IT'S GOING TO HAPPEN, BUT IF IT DOES WE'LL MAKE IT HAPPEN." PETERSON, "OFFICIALLY THE COMMITTEE HAS ASKED THAT THE BUDGET NOT BE CUT FROM WHAT THE  BASELINE IS, PERSONALLY I DON'T THINK THAT'S ADEQUATE. I THINK WE NEED MORE MONEY." CONAWAY AND PETERSON CONTINUE TO TELL FARMERS THEY'RE COMMITTED TO GETTING A FARM BILL DONE  BY THE END OF THE YEAR BECAUSE OF THE IMMEDIACY OF LOW PRICES. I THINK ITS IMPORTANT TO GET IT DONE BECAUSE YOU GET INTO NEXT YEAR YOU GET INTO  POLITICS YOU'VE GOT AN ELECTION. AND I'M FOR DOING WHATEVER WE HAVE TO DO TO MAKE IT HAPPEN."  IN REDWOOD COUNTY, MINNESOTA I'M MICHELLE ROOK REPORTING FOR AGDAY. ) COMMITTEE MEMBERS ALSO STRESSED THE IMPORTANCE OF KEEPING THE  NUTRITION PROGRAMS IN THE FARM BILL OR THEY SAYS IT WILL BE NEARLY  IMPOSSIBLE TO GET THE SUPPORT TO PASS IT IN CONGRESS. THANKS MICHELLE.

TRADE, COMMERCE DEPARTMENT
THE U.S. TRADE DEFICIT NARROWED IN JUNE AS EXPORTS HIT THE HIGHEST  LEVEL IN A COUPLE YEARS. THE COMMERCE DEPARTMENT SAID FRIDAY THAT THE TRADE GAP SLID NEARLY 6  PERCENT TO JUST UNDER $44 BILLION DOLLARS. EXPORTS HIT THEIR HIGHEST AMOUNT SINCE DECEMBER 2014 ON DEMAND FOR  AMERICAN SOYBEANS, COMPUTER ACCESSORIES AND OTHER PRODUCTS. U.S. EXPORTS GETTING A LIFT FROM IMPROVING GLOBAL ECONOMIC GROWTH  AND A DROP IN THE VALUE OF THE U.S. DOLLAR. HOWEVER, IT'S NOT ALL GOOD NEWS. SO FAR THIS YEAR, OVERALL-- THE TRADE DEFICIT IS UP ABOUT 11 PERCENT. ALSO IN TRADE, THE U-S IS EXPECTED TO OVERTAKE THE EUROPEAN UNION AS  CHINA'S LARGEST TRADING PARTNER THIS YEAR.  IN THE FIRST SIX MONTHS OF THE YEAR TRADE ROSE  MORE THAN 21 PERCENT. FORMER OFFICIALS TELLING CHINA DAILY THAT CHINESE IMPORTS FROM THE US  ARE GROWING FASTER THAN ITS EXPORTS.  IN APRIL, CHINA AND THE US AGREED ON A PLAN TO ADDRESS TRADE IMBALANCE.  SINCE THEN, CHINA HAS RESUMED US BEEF IMPORTS, AND IS ALLOWING RICE  IMPORTS FOR THE FIRST TIME.

ETHANOL EXPORT NUMBERS
NEW ETHANOL EXPORT NUMBERS ARE OUT FOR JUNE. ACCORDING TO THE RENEWABLE FUELS ASSOCIATION SHIPMENTS WERE DOWN  22 PERCENT FROM MAY TO JUNE.  CANADA CLAIMING THE PRIZE AS THE TOP ETHANOL DESTINATION FOR U.S.  PRODUCERS-- UNSEATING BRAZIL AS EXPORTS TO THE SOUTH AMERICAN  COUNTRY FELL TO THEIR LOWEST LEVEL IN 9 MONTHS.  THE TWO COUNTRIES TOGETHER COMBINING TO RECEIVE NEARLY HALF OF ALL  ETHANOL EXPORTS IN JUNE. AND FOOD PRICES HIT THEIR HIGHEST MARK SINCE 2014, LED BY RISING GRAINS,  SUGAR, AND DAIRY NOW AT A THREE-YEAR HIGH.  A FOOD PRICE INDEX COMPILED BY THE UN'S FOOD AND AGRICULTURE  ORGANIZATION.  THE INDEX HAS NOW RECOVERED 20 PERCENT FROM A LOW REACHED EARLY  LAST YEAR.

CROP COMMENTS
CINDI CLAWSON JOINS US ONCE AGAIN--SHE'S IN FOR MIKE HOFFMAN AND HAS  TODAY'S CROP COMMENTS. GOOD MORNING CINDI. GOOD MORNING CLINTON, FRANCIS KELSEY PUT UP THIS IMPRESSIVE VIDEO ON TWITTER. SO FAR HIS IRRIGATED CORN FIELDS ARE LOOKING PRETTY GOOD. EVEN FROM ABOVE THE STANDS LOOK GREAT ALTHOUGH THAT'S NOT THE CASE EVERYWHERE. USDA'S NASS OFFICES SAYS 56 PERCENT OF THE STATE'S CORN IS GOOD TO  EXCELLENT. AND TAKE A LOOK AT THIS AERIAL WORK  AT AFFINITY FARMS IN NEW HAVEN  KENTUCKY. QUINT POTTINGER USING A HELICOPTER TO DO SOME OF THE SPRAYING ON HIS  CORN FIELDS. FUNGICIDES HAVE BEEN GOING ON AND USDA SAYS 80 PERCENT OF THE STATES  CORN IS GOOD TO EXCELLENT. AND NOW HERE ARE SOME HOMETOWN TEMPS. VISIT FARM JOURNAL PRO.COM.  TRUSTED ANALYSIS, PROFESSIONAL INSIGHT. FARM JOURNAL  PRO.COM.

TEASE
WHEN WE COME BACK WE'LL TALK ABOUT TIMING FOR SOYBEANS AND THE  EXPECTATIONS OF AUGUST WEATHER ON PRODUCTION. PLUS. STAY TUNED FOLKS COMING UP I'M GOING TO TELL YOU ABOUT A SUPER SHARP CASE IH TRACTOR AND  JOHN DEERE COMBINE THAT SOLD AT AUCTION LAST WEEK.  AND LATER, WE'LL SEE HOW THESE KIDS IN TENNESSEE ARE LEARNING TO GROW  THEIR OWN PRODUCE AND IMPROVE THEIR EATING HABITS ALONG THE WAY. ARE YOU A GAME CHANGER?  KNOW SOMEONE WHO IS?  CHEVRON IS SEARCHING FOR THOSE  PEOPLE THAT HAVE MADE AN IMPACT ON THE INDUSTRY.  SHARE YOUR NOMINEE AT CHEVRONDELO DOT COM SLASH GAME CHANGERS!  DELO:  LET'S GO FURTHER.

FLOOR OF THE CME
IN AGRIBUSINESS IT WAS ANOTHER MIXED DAY TO END THE WEEK. LETS SEE HOW THINGS STOOD FRIDAY FROM THE FLOOR OF THE CME IN  CHICAGO. THE SOYBEANS THAT ENDED UP VERY STEADY IT SEEMS LIKE THAT THE MARKET IS REALLY POSTURING FOR  NEXT WEEK'S USDA CROP REPORT ON THURSDAY AND IT REALLY IS KEEPING THE MARKET IN CHECK. WE  WERE HIGHER EARLIER AND THAT KIND OF HELP THE CORN TO GIVE SOME TO RISE A LITTLE BIT TOO. SO CORN  WAS RISING THE FUTURES ARE HOLDING ABOVE YESTERDAY'S RANGE SO THAT LOOKS REALLY GOOD ON THE  CORN SIDE IN SPITE OF WHAT'S BEEN HAPPENING WITH THE U.S. DOLLAR INDEX WAS A LITTLE BIT STRONGER  AND KIND OF KEEPING THE LID ON ANY FURTHER RALLY. BUT THE MARKET STILL LOOKS PRETTY GOOD. THE  CATTLE CAME IN A LITTLE BIT LOWER BEEF PRICES REALLY CAME IN LOWER AND THEY WERE PRESSURING THE  FUTURES IN KIND OF KEEPING IT DOWN ALTHOUGH IT DIDN'T GO DOWN AS MUCH AS WE HAD EXPECTED.  YOU KNOW PRICES HAVE BEEN LOWER FOR THE LAST COUPLE OF SESSIONS AND IT HAS NOT PUSH THESE  THESE MARKETS DOWN. IT LOOKS LIKE TRADERS ARE STILL WAITING FOR MORE FUNDAMENTAL NEWS TO  REALLY GIVE THE MARKETS SOME DIRECTION. THAT'S ALL FROM THE FLOOR AT THE CME GROUP VIRGINIA  MCGATHEY. 

AGRIBUSINESS
AUGUST IS KNOWN AS THE KEY SOYBEAN GROWING MONTH. TYNE MORGAN HAS MORE IN TODAY'S ANALYSIS. HERE NOT WITH BRIAN DOHERTY OF STEWART PETERSON BRIAN LET'S LOOK AT CROP CONDITIONS. LAST  WEEK WE SAW USDA ACTUALLY BOOST SOYBEAN CONDITION RATINGS. HOW UNUSUAL IS IT FOR THAT TO  HAPPEN THIS TIME OF YEAR. NOT THAT UNUSUAL. YOU'RE AT A TIME OF THE YEAR WHEN YOU HAVE A DRY  WEATHER PATTERN THAT IS THE CAUSE FOR CROP DETERIORATION. ONE GOOD RAIN CAN. CAN CHANGE THAT  PICTURE AND IT'S NOT ONLY JUST THE RAIN THAT CAME THROUGH THE MIDWEST LAST WEEK IT WAS REALLY AT  THE END OF LAST WEEK EARLY THIS WEEK. THE EXTENDED FORECAST SIX TO 10 DAYS ALL LOOKS ABOVE  NORMAL PRECIPITATION BELOW NORMAL TEMPERATURES FOR BASICALLY THE ENTIRE MIDWEST WITH THE  EXCEPTION OF THE NORTHWEST. AND SO. THAT FORECAST COULDN'T BE MORE IDEAL FOR PRODUCERS WHO  HAVE BEEN STRUGGLING WITH HEAT FOR LACK OF RAIN. THAT'S THE FORECAST. THE MARKET TOOK TO THE  BARE SIDE AND PUSH PRICES LOWER THIS WEEK. YEAH BRIAN I MEAN WE KNOW THAT AUGUST IS THE  TIME TO MAKE SOYBEANS RIGHT. THAT'S WHAT WE KEEP TALKING ABOUT. RIGHT NOW WE'RE IN AUGUST  WE'RE IN AUGUST. WE ARE SEEING COOLER TEMPERATURES. WE'RE SEEING THOSE RAIN FORECAST POP  UP. I MEAN IF THESE IDEAL CONDITIONS CONTINUE. WHAT COULD THAT MEAN FOR SOYBEAN PRICES HERE  IN THE NEXT FOUR TO SIX WEEKS. THAT'S AWESOME QUESTION BECAUSE REALLY THERE'S THERE'S TWO  THINGS. ONE WE'VE BEEN TRADING AROUND $10 IN NOVEMBER SOYBEANS FOR SOME TIME. SO THAT'S  YOUR PIVOT POINT. SO GOOD WEATHER CAN PUSH YOU UNDER THAT POOR WEATHER COULD RAPIDLY MOVE  ABOVE THAT FOR LOOKING AT BETTER WEATHER. AND OF AUGUST. THE HEAT DOME THAT STRUCK THE  MIDWEST THAT'S PUSHED OUT THAT'S WHERE THE CONCERN CAME WITH THIS FORECAST. WE GO BACK TO  OUR EARLIER ANALYSIS IN THE YEAR YOU GOT A RANGE OF PROBABLY $9 TO 10.50 MAYBE 11 DOLLARS IN  THE TOP SIDE. NOW YOU'RE LOOKING AT 9.50 TO $9 AGAIN ON FUTURES. IT'S THAT SIMPLE RAIN MAKES  GRAIN. THAT'S WHEN BEANS ARE MADE IN JULY AND AUGUST. SO HOW MUCH DOWNSIDE RISK YOU  THINK WE STILL HAVE IN THIS WAY. GREAT QUESTION THERE TOO BECAUSE THERE IS A GAP ON THE CHART  AT 9.58 THAT WAS LEFT ON JUNE 30TH. SO IT LOOKS LIKE THE MARKET'S GOING TO TRY AND FILL THAT GAP  SO THE BULLS WILL DEMAND STRONG ENOUGH RATINGS ARE LOW ENOUGH THAT NO MATTER WHAT THE  WEATHER IS 9.50 BEANS ARE A FAIR PRICE. MARKETS MOVE ON PERCEPTION MOMENTUM AND ATTITUDE  AND THE FUNDS WENT PRETTY AGGRESSIVELY LONG CORN BEANS AND WHEAT RECENTLY. AND SO IF THEY  DECIDE TO MOVE OUT DON'T LIKE BEING LONG THE MOMENTUM CAN CARRY BEANS BACK DOWN TO $9  NOW WHAT WE WANTED TO HEAR ALL RIGHT THANKS BRIAN WE APPRECIATE THAT. STAY WITH US WE'LL BE  BACK WITH MORE AGDAY IN JUST A MOMENT. 

WEATHER
WELCOME BACK TO AGDAY THIS MONDAY MORNING CINDY CLAWSEN IN FORM MIKE HOFFMAN CINDY  AS WE LOOK AT RAINFALL OVER THE PAST WEEK. I WAS JUST IN PARTS OF NEW MEXICO AND I CAN VERIFY  THEY DID GET RAIN ALTHOUGH NOT EVERYWHERE YET. NOT EVERYWHERE. NEVER ZOOM IN ON THAT AND  YOU CAN DEFINITELY SEE IT WAS REALLY THE EASTERN PARTS OF NEW MEXICO THAT GOT THE RAIN BUT  EVEN LOOKING UP TOWARDS COLORADO THE EASTERN PART OF COLORADO THE FAR WESTERN PARTS OF  KANSAS NEBRASKA REALLY GOT A LOT OF RAIN AS WELL. BUT TAKE A LOOK AT WHAT HAPPENS UP TO THE  NORTH AS WE HEAD A LITTLE BIT FURTHER TO THE NORTH THESE ARE SOME OF THE REALLY DRY AREAS THAT  HAVE BEEN SHOWING UP ON THE U.S. DROUGHT MONITOR WHERE DRYNESS HAS BEEN EXPANDING AND  SO WE'VE HAD A SOMEWHAT DECENT RAINFALL IN PARTS OF THE DAKOTAS AND INTO NEBRASKA AS WELL  AND AS WE HEAD OVER TO THAT DROUGHT MONITOR YOU COULD SEE SOME OF THESE AREAS ARE  EXTREMELY DRY AND WE CAN OBVIOUSLY USE A LOT MORE RAIN THAN WHAT WE SAW. BUT WE DON'T  WANT IT ALL AT ONCE EITHER. BUT YOU CAN SEE FROM THAT DROUGHT MONITOR WE HAVE BEEN SEEING  THAT DRYNESS EXPANDED MUCH OF THE NORTHERN PLAINS AND EVEN INTO PARTS OF THE UPPER  MIDWEST. WHAT DO WE HAVE IN STORE FOR US FOR THE WEEK AHEAD. WELL WE'RE GOING TO CONTINUE  TO SEE SOME WARMER AIR ESPECIALLY IN THE WESTERN PART OF THE COUNTRY AND THINGS THOSE  TEMPERATURES WILL EVEN OUT AFTER THAT KIND OF COOL LATE LAST WEEKEND WEEKEND. WE'RE GOING TO  SEE THINGS KIND OF EVENING OUT A LITTLE BIT INTO THE EAST. NOTICE THAT RIDGE KIND OF STAYS IN THE  WESTERN UNITED STATES ALL THE WAY UP IN THAT WAY INTO CANADA. SO WE'RE GOING TO BE SEEING  THAT WARM AIR KIND OF HANGING OUT ESPECIALLY IN THE WESTERN PART OF THE UNITED STATES AS WE  GET INTO FRIDAY AND EVEN INTO THE WEEKEND AND WATCH HOW THAT RIDGE REALLY STARTS TO BUILD  INTO. MUCH OF THE NATION'S MIDSECTION AS WELL. SO WATCH FOR THOSE WARMER TEMPERATURES TO  COME BACK INTO PLAY INTO THE EASTERN PART OF THE COUNTRY AS WELL. NOW OVERALL BECAUSE WE'RE  GETTING A COOL START WE SEE BELOW NORMAL TEMPERATURES FOR A LOT OF THE COUNTRY. BUT THEN  WE'RE GOING TO BE SEEING THINGS TRANSITIONING MORE TO WARMER BY THE END OF THE WEEK.  PRECIPITATION WISE WE'RE GOING TO BE SEEING ABOVE NORMAL PRECIPITATION ACROSS MOST OF THE  EASTERN SEABOARD DOWN INTO THE SOUTHERN PLAINS AND A LITTLE BIT OVER INTO THE WEST AS WELL.  BUT IN THE NORTHWEST AND INTO THE FAR SOUTHWEST WE ARE EXPECTING TO SEE CONDITIONS A LITTLE ON  THE DRY SIDE A LITTLE FURTHER INTO THE FUTURE. BELOW NORMAL TEMPERATURES ARE EXPECTED OVER THE  NEXT 30 DAYS FROM THE SOUTHERN GREAT LAKES ALL THE WAY DOWN TOWARDS TEXAS. WE'RE  EXPECTING SOME SLIGHTLY WARMER THAN NORMAL TEMPERATURES IN PARTS OF THE NORTHWEST. ALSO IN  THE FAR NORTH EAST AND DOWN IN FLORIDA. PRECIPITATION WISE A LOT OF EYES ON THIS. UNFORTUNATELY  BELOW NORMAL PRECIPITATION WHERE WE'RE SEEING THOSE EXTREMELY DRY CONDITIONS IN PARTS OF THE  NORTHERN PLAINS AND UPPER MIDWEST WHERE WE'RE LOOKING AT SOME WET CONDITIONS ALONG MUCH  OF THE SOUTHERN UNITED STATES. THAT'S A LOOK AT YOUR NATIONAL FORECAST. NOW LET'S CHECK OUT  THE WEATHER WHERE YOU LIVE WILLCOX ARIZONA SUNNY AND WARM FOR YOU TODAY WITH A HIGH OF 92  DEGREES WHERE SOUTH DAKOTA MOSTLY SUNNY WITH A HIGH OF 78. AND WAYNE WEST VIRGINIA A BIT  COOLER OF SOME SHOWERS TODAY WITH A HIGH OF 79. 

TEASE
WHEN WE COME BACK MACHINERY PETE IS KEEPING TABS ON TRENDS IN USED  FARM EQUIPMENT. HE HAS FRESH INSIGHTS YOU WON'T WANT TO MISS. AND LATER, THE HEALTHY BENEFITS OF GROWING A GARDEN. WE'LL VISIT TENNESSEE WHERE THESE KIDS ARE ELBOW DEEP IN PRODUCE  PRODUCTION.

MACHINERY PETE
"MACHINERY PETE IS BROUGHT TO YOU BY JOHN DEERE…WHERE CAN YOU FIND THE MOST  COMPREHENSIVE INVENTORY OF JOHN DEERE CERTIFIED PRE-OWNED TRACTORS, COMBINES AND  SPRAYERS?  MACHINE FINDER-DOT-COM … SOMETIMES THE BEST NEW ADDITION TO YOUR FLEET ISN'T  NEW!"MACHINERY PETE KEEPS HIS FINGER ON THE PULSE OF THE USED EQUIPMENT  MARKET AND THIS WEEK-- HE SAW CONFIRMATION ON TWO TRENDS FOR USED  IRON. WELL FOLKS I SAW TWO TRENDS CONFIRMED IN THE USED FARM EQUIPMENT MARKET LATE LAST WEEK AT  AUCTION LAST WEDNESDAY AND A BIG IRON DOT COME ONLINE SALE. THIS REALLY SHARP 1993 CASE IH  5250 TRACTOR. SIXTEEN HUNDRED AND FORTY FOUR HOURS ON IT SOLD FOR 37000 $250. THAT TRACTOR CAME OUT OF EAST CENTRAL NEBRASKA. NOW THAT PRICE 37250 IS THE FOURTH HIGHEST AUCTION PRICE  I'VE SEEN ON A CASE IH 5250 SOLD WITHOUT A LOADER THE LAST SIX YEARS. NOW THE TWO TRENDS  CONFIRMED HERE. ONE IS THE AGE AT TRACTOR'S 24 YEARS OLD AND WE'VE TALKED A LOT ABOUT HOW 10  TO 15 YEAR OLD OR MORE TRACTORS REALLY GOOD CONDITION. VERY HOT. AND AGAIN ALSO THE SIZE OF  TRACTORS 124 HORSEPOWER. AND HONESTLY FOLKS ANYTHING UNDER 150 HORSE THAT'S IN GOOD  CONDITION LONG HOURS. IT'S BEEN RED HOT KIND OF BUYER DEMAND. NOW THE NEXT DAY ON A FARM  AUCTION OVER IN EAST CENTRAL ILLINOIS THIS 2013 JOHN DEERE S660 COMBINE WITH ONLY 256  SEPARATORS HOURS ON IT BROUGHT TWO HUNDRED FIVE THOUSAND DOLLARS. HOW STRONG IS THAT. WELL  THAT'S THE HIGHEST AUCTION PRICE I'VE SEEN ON A 13 MODEL S660 IN TWENTY NINE MONTHS. AND  WHAT THAT PROVES IS THAT EVEN ON THIS LARGE LATE MODEL STUFF FOR THE NICEST CLEANEST OF OUR  THERE IS STRONG BUYER DEMAND OUT THERE FOLKS. SO KEEP TAKING GREAT CARE OF YOUR EQUIPMENT  AND IF YOU'RE LOOKING FOR USED EQUIPMENT GO TO MACHINERY PETE DOT COM GOT OVER 100000  PIECES FOR SALE. TONS OF PICTURES FOR YOU.  ALRIGHT THANKS GREG.

TEASE
UP NEXT-- LEARNING TO GROW GARDENS IN TENNESSEE. I'M CHARLES DENNEY. FROM THE GARDEN TO THE TABLE. KIDS IN GALLATIN  TENN LEARN TO GROW THEIR OWN FOOD IN A SPECIAL SUMMER TIME PROGRAM.  WE'RE DIGGING IN THE DIRT NEXT ON AGDAY.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S M7 SERIES.  LEARN MORE ABOUT THE LARGEST  TRACTOR IN KUBOTA HISTORY AT KUBOTA.COM. BEFORE HEADING BACK TO SCHOOL, SOME YOUNGSTERS IN TENNESSEE GOT A  SUMMERTIME LESSON IN GARDENING AND HEALTHY EATING. A UT EXTENSION  PROGRAM CALLED "LEARN, GROW, EAT AND GO" KICKED OFF THIS YEAR. CHARLES DENNEY SHOWS US WHAT THE KIDS PLANTED IN THEIR GARDENS, AND  MORE ON WHAT THEY LEARNED. WHERE ELSE CAN YOU GET YOUR HANDS DIRTY, AND LEARN SCIENCE – AND AN APPRECIATION FOR FOODS  – AT THE SAME TIME? CALL IT OUR GALLATIN GARDEN. THESE KIDS ARE IN A SUMMERTIME PROGRAM CALLED "LEARN, GROW, EAT & GO" – PUT TOGETHER BY  UT EXTENSION IN SUMNER COUNTY. "WE'VE BEEN LEARNING HOW TO MAKE A GARDEN AND LEARNING HOW TO PLANT A GARDEN, AND  MAKING THE PROPER STEPS FOR KNOWING HOW TO FEED PLANTS." THOSE PLANTS INDEED APPEAR TO BE WELL-FED. THIS PEPPER POPPED OUT IN JUST A WEEK. KIDS SEE HOW FAST THINGS GROW, AND THEY LEARN THE NUTRITIONAL VALUE OF FRESH PRODUCE, THOUGH  INDIVIDUAL TASTES MAY VARY. "WE'RE LEARNING ABOUT HOW CARROTS GROW, AND PEPPERS AND TOMATOES AND STUFF. YOU LIKE THOSE  FOODS? YEAH, BUT I DON'T LIKE PEPPERS. OH, OKAY." LEE ANNE FAUST WITH UT EXTENSION TEACHES THE KIDS ABOUT GARDENING AND NATURE. IN 'LEARN, GROW, EAT & GO' KIDS HAVE A SAFE ENVIRONMENT WHERE THEY CAN BE ACTIVE.  "I THINK THE MOST IMPORTANT THING IS THAT THEY JUST COME OUTSIDE, THEY HAVE SOME OUTDOOR  ACTIVITY. THEY LEARN THAT THINGS THAT PLANTS NEED TO GROW ARE THE SAME THINGS THAT THEY NEED  TO GROW INCLUDING SUNLIGHT, AND A LITTLE BIT OF AIR AND MOVEMENT." "THIS WAS THE FIRST YEAR FOR THE PROGRAM, AND SOME THREE DOZEN KIDS TOOK PART. THEY HAD A  VARIETY OF LESSONS INDOORS AND OUT – COOKING SEGMENTS, GARDEN CHORES, AND LOTS OF PHYSICAL  ACTIVITY." THESE YOUNGSTERS ALSO DID SOME TASTE TESTING. UT EXTENSION'S MIGUEL MENDIETA HAS THE GROUP TRYING CUCUMBERS. IT WAS AN ALMOST UNIVERSAL DECISION THAT RANCH DRESSING MADE THEM GO DOWN SMOOTHER. BUT PERHAPS THE BIGGER LESSON HERE, HOW'D WE GET THOSE CUCUMBERS IN THE FIRST PLACE? "THE BIG THING THAT WE HOPE FOR THEM IS THEY UNDERSTAND HOW FOOD DOESN'T JUST REALLY COME  FROM THE GROCERY LIKE THEY PROBABLY MIGHT THINK. WE WANT TO SHOW THEM FOOD COMES FROM A  GARDEN, AND THEN IT COMES TO OUR TABLE. SO WE WANT THEM TO MAKE THAT CONNECTION OF WHERE  FOOD REALLY COMES FROM." THE KIDS WILL DO SOME MORE EATING WHEN THE TEN-WEEK PROGRAM ENDS. THEY'LL FEAST ON WHAT THEY PRODUCE IN THE GARDEN. SO YES, WE DID GET OUR HANDS A LITTLE DIRTY TODAY. BUT WE WERE LEARNING TOO – AND THERE'S GROWTH FROM THE GROUND UP, AND IN SOME YOUNG LIVES. THIS IS CHARLES DENNEY REPORTING.

CLOSE
THANKS CHARLES.  THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY. AGDAY IS POWERED BY RAM TRUCKS - AMERICA'S LONGEST LASTING PICKUPS.  

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