AgDay Daily Recap - January 23, 2017

January 23, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JANUARY 23, 2017

HEADLINES
THE INAUGURATION IS OVER...NOW THE WORK  BEGINS. WE'LL MEET A TOP PRODUCER OF THE YEAR FINALIST FROM SOUTH  CAROLINA-- WHERE HE'S QUARTERBACKING HIS TEAM TO THE TOP OF THE  PRODUCE INDUSTRY. IN AGRIBUSINESS...FINDING PROFITABILITY IN 2017.  WITHOUT A DOUBT NOT  EVERYBODY'S PROFITABLE FOR 2017 BUT I THINK WE'D BE SURPRISED HOW  MANY ARE. PLUS MACHINERY PETE ANSWERS ONE OF HIS MOST ASKED  QUESTIONS...WHAT'S A 4020 WORTH? AND AGRICULTURE JOINS HISTORY IN  WASHINGTON D.C. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.

NEW PRESIDENCY
GOOD MORNING I'M CLINTON GRIFFITHS. THE INAUGURAL CEREMONIES ARE  OVER. THE TRUMP ADMINISTRATION NOW HAS THE REINS. WORK BEGINS ON LEADING THE COUNTRY. "EVERY DECISION ON TRADE, ON TAXES, ON IMMIGRATION, ON FOREIGN AFFAIRS WILL BE MADE TO BENEFIT  AMERICAN WORKERS AND AMERICAN FAMILIES. WE MUST PROTECT OUR BORDERS FROM THE RAVAGES OF  OTHER COUNTRIES MAKING OUR PRODUCTS, STEALING OUR COMPANIES AND DESTROYING OUR JOBS."  AT USDA THE 100-THOUSAND EMPLOYEES ARE WITHOUT A TOP ADMINISTRATOR.  AG SECRETARY NOMINEE SONNY PERDUE HAS YET TO GO BEFORE THE SENATE  AG COMMITTEE FOR HIS CONFIRMATION HEARING. BUT THE WORK BEGINS TODAY.ACCORDING TO POLITICO, PRESIDENT TRUMP'S AG POLICY ADVISOR WILL BE AT  THE AG DEPARTMENT. SAM CLOVIS WILL START IMPLEMENTING THE PRESIDENT'S  AGENDA WHILE AWAITING PERDUE'S PRESUMED CONFIRMATION. WE TALKED WITH CLOVIS LAST FALL DURING THE PRESIDENTIAL CAMPAIGN  DURING A CANDIDATE FORUM HOSTED BY FARM JOURNAL AND THE FARM  FOUNDATION....WHERE LIKE THE PRESIDENT'S INAUGURATION SPEECH--CLOVIS  DISCUSSED THE ADMINISTRATION'S FOCUS ON FAIR TRADE AND AMERICAN JOBS. THE REAL ISSUE THAT WE HAVE TO LOOK AT IS TRADE AND THE IMPACT THAT  TRADE AGREEMENTS HAVE ON THE COUNTRY AT LARGE. THAT IS A MUCH LARGER  ISSUE AND IT ENCOMPASSES MUCH MORE THAN TAKING A LOOK AT A PIECE OF  OUR ECONOMY THAT'S RELATIVELY UNAFFECTED BY THE NATURE OF THE TRADE  AGREEMENT.  BUSINESS INTERESTS, ALONG WITH AGRICULTURE GROUPS, WANT THE NEW  ADMINISTRATION TO RECONSIDER THE TRANS-PACIFIC PARTNERSHIP, A TRADE  DEAL INCOMING PRESIDENT DONALD TRUMP VOWED TO DROP ON "DAY ONE"  ONCE IN OFFICE.  THE WALL STREET JOURNAL REPORTING THE GROUPS SAY THE TRUMP  ADMINISTRATION DOES NOT HAVE TO ACCEPT THE CURRENT AGREEMENT AND COULD MAKE CHANGES TURNING IT INTO AN INITIATIVE TO BOOST U.S. EXPORTS  TO ASIA.

BIOFUELS
MEANWHILE THE EPA ISSUING IT'S FINAL WORK BEFORE A NEW ADMINISTRATION  TAKES OVER...OFFICIALLY DENYING A REQUEST FROM OIL REFINERS TO WAIVE  SOME OF THE ADVANCED BIOFUELS REQUIREMENTS FROM 2016. THE RFS REQUIRES OIL COMPANIES TO USE INCREASING VOLUMES OF BIOFUELS INCLUDING CELLULOSIC ETHANOL IN FUEL.

OIL REFINERS HAD ASKED EPA TO LOWER THE REQUIREMENT SAYING THEY'RE  UNACHIEVABLE. OVERALL ETHANOL PRODUCTION CONTINUES TO RAMP UP. THE LATEST WEEKLY DATA SHOWS PRODUCTION TOPPED A MILLION BARRELS  PER DAY--UP 5 THOUSAND BARRELS PER DAY FROM THE WEEK BEFORE. THAT SETS A FRESH ALL TIME HIGH AND THE THIRD STRAIGHT WEEK OF RECORD  PRODUCTION. IT HAS PRODUCTION ON PACE TO 16- BILLION GALLONS OVER THE NEXT YEAR.

COMBATTING CITRUS GREENING
LATE LAST WEEK, THE USDA ANNOUNCING $13.6 MILLION IN GRANTS TO COMBAT  CITRUS GREENING DISEASE.  THE FUNDING COMES IN THE FORM OF FOUR GRANTS AUTHORIZED IN THE 2014  FARM BILL.  THE DISEASE WAS FIRST DETECTED IN FLORIDA IN 2005 AND HAS SINCE  AFFECTED ALL OF FLORIDA'S CITRUS-PRODUCING AREAS LEADING TO A 75  PERCENT DECLINE IN FLORIDA'S $9 BILLION INDUSTRY.

TITAN FARMS
TREE FRUIT IS A MAJOR PART OF THE BUSINESS FOR THE FIRST OF THIS YEAR'S  TOP PRODUCER FINALISTS. EVERY YEAR OUR CORPORATE PARTNERS AT TOP PRODUCER MAGAZINE, HONOR  ONE OF THE NATION'S FARMS AS THE BEST  IN THE BUSINESS.  AND EVERY YEAR, WE PROFILE THE THREE FINALIST AHEAD OF THE WINNERS  CEREMONY AT THE TOP PRODUCER SEMINAR IN CHICAGOTODAY WE START IN SOUTH CAROLINA AT TITAN FARMS. STEP INTO THE OFFICE OF CHALMERS CARR. AND IT'S EASY TO SEE HIS JOB IS NOT LIMITED TO THE FARM. "YOU HAVE TO GO OUT THERE AND BE AN ADVOCATE, NO MATTER WHAT THAT TAKES," PROOF OF HIS ADVOCACY IS EASY TO SEE CARR CONSIDERS HIS LEADERSHIP ROLL MORE LIKE PLAYING QUARTERBACK.  HELPING GOOD PEOPLE SUCCEED AND CHALLENGING THEM TO DO MORE. "I SIT THERE AND MAKE SURE PEOPLE KNOW WHAT THEY'RE SUPPOSED TO BE DOING AND  HAVE THE RESOURCES TO DO THAT. THEN YOU COACH THEM ALONG THE WAY TO SEE IF THEY KNOW WHAT  THEY'RE DOING OR IF YOU RUN INTO A PROBLEM, YOU'RE THERE AS A RESOURCE." CHALMERS CARR IS A SELF-MADE, FIRST GENERATION FARMER. TWO UNCLES HELPED HIM GET HIS START IN FLORIDA , EVENTUALLY LEASING THIS SOUTH  CAROLINA FARM HIS WITH HIS WIFE LORI ANNE BEFORE BUYING IT LATER. "WE DIDN'T HAVE PARENTS OR GRANDPARENTS TELLING US 'THIS IS THE WAY IT'S ALWAYS  BEEN DONE.' BUT WHEN YOU PUT INNOVATIVE PEOPLE AROUND YOU AND YOU EMBRACE TECHNOLOGY,  YOU FORGE YOUR OWN WAY,"AND THEIR WAY HAS BEEN A SUCCESSFUL ONE.  TITAN FARMS IS NOW A PREMIER PACKER, GROWER, AND PROCESSOR OF FRESH  PEACHES AND VEGETABLES ON THE EAST COAST.  THEIR HEART IS IN PEACHES. TITAN FARMS IS THE SECOND LARGEST PEACH  PRODUCER IN THE COUNTRY. CARR CLAIMS THE COMPANY PRODUCES MORE  COMMERCIAL PEACHES THAN THE WHOLE STATE OF GEORGIA. "WE LIKE TO SAY THAT, YES. IT'S ALWAYS A DEBATE, BUT WE'VE SAID THAT ON NATIONAL  TELEVISION BEFORE. SO, YES," LAUGHS.BUT THIS BIG COMPANY WHICH HAS GROWN OVER 400 PERCENT SINCE IT  STARTED WANTS TO CONTINUE TO FIND WAYS TO MEET DEMAND. "I COULD SEE US GROWING BIGGER PLUS THE DEMAND OF PEACHES IS ON THE INCREASE.  WE'VE HAD ENOUGH DECREASE OF ACREAGE SO I SEE A CHANGE GOING ON. I'M EXCITED ABOUT IT," "IN THE FUTURE, WE WANT TO SEE THAT HAPPEN. I'D LIKE TO SEE US ON SOME SORT OF GROWTH PATH. PROBABLY NOT AS RAPID AS WE HAVE BEEN RECENTLY. BUT MORE MANAGEABLE,"THE OPERATION IS WELL ON ITS WAY. THE CARR S ARE USING NEW TECHNOLOOGY ON THEIR PACKING LINE' TO BE  COST EFFECTIVE AND KEEP QUALITY HIGH.  "WE HAVE NINE CAMERAS PER LANE. AS THAT FRUIT ROTATES UNDERNEATH IT. IT WILL TAKE  500 PICTURES OF EACH PEACH IN A MILLI-SECOND, IT WILL GRADE THAT PEACH,"THE NEWEST ADDITION IS A PALMETTO PROCESSING MACHINE.  WHICH USES PEACH PRODUCT THAT'S NORMALLY THROWN OUT DUE TO  COSMETIC DEFECTS. INSTEAD, IT'S REPURPOSED FOR FROZEN, SLICE AND DICE,  FRUIT CUPS AND PEACH PUREE PRODUCTS. THE COMPANY IS TURNING 17 MILLION POUNDS OF WASTE INTO JUST ONE MILLION. "AS OUR ACRES AND VOLUME GOT SO BIG, WE WERE THROWING AWAY 17 MILLION POUNDS.  THAT'S 370 TRACTOR TRAILER LOADS. THAT'S MORE THAN THE WHOLE STATE OF MICHIGAN PRODUCES, I WAS  THROWING AWAY," THEY'VE ALSO COME UP WITH WAYS TO MARKET THE 'BEST OF HTE BEST' THE  'SWEETEST SOUTHERN PEACH,' LORI ANNE.  WE CREATED A BRAND AROUND THAT AND I HAPPENED TO GET THE NAMESAKE. THAT'S MY  SIGNATURE ON THE BOX. IT'S A LOT OF FUN,"> SUCCESSES AT HOME, BUT CHALMERS HAS WORK LEFT TO DO IN WASHINGTON.  HE TEAMED UP WITH LAWMAKERS AND ORGANIZATIONS TO PUSH HARD TO OPEN  PEACH EXPORTS TO MEXICO FOLLOWING A MULTI-YEAR BAN.  "SO TO BE ABLE TO OPEN THE BORDERS THERE IN 16 IN 2011, TO GET SOUTHERN PEACHES  BACK INTO MEXICO WAS TREMENDOUS FOR US," IMMIGRATION HOWEVER, IS HIS LARGEST BATTLE.  HE'S HOPINGFOR AN UPDATED H2A PROGRAM, NOT LIMITED TO SEASONAL  WORK. "MY COMMENT TO WASHINGTON ALL OF THE TIME IS YOUR FOOD IS GOING TO BE HARVESTED  BY A FOREIGN WORKER. IT'S WHETHER IT'S GOING TO BE HARVESTED HERE OR IN A FOREIGN COUNTRY,"HE SAYS LABOR IS HARD TO FIND, EVEN WITH A COMPETITIVE WAGE.  "MY FARM ADVERTISES FOR 600 WORKERS A YEAR. THIS YEAR WE HAD 7 U.S. WORKERS APPLY FOR THOSE JOBS," CHALMERS SAYS THE WORKFORCE HE DOES HAVE IS WHAT, MAKES THE TEAM  SUCCESSFUL. AND HE TRIES TO REWARD THEM. THE COMPANY HAS A 92 PERCENT RETURN RATE. THEY ALSO OFFER FULL  HEALTH INSURCE, MATCHINTG 401K PROGRAMS AND BENEFIT PACKAGES. WE SPEND AN AWFUL LOT OF TIME TOGETHER. THAT IS THE KEY TO IT ALL I BELIEVE,"> AND LIKE HIS FAVORITE TEAM SYAING, THE CARRS ARE 'ALL IN' EMPOWERING  PEOPLE, GROWING THEIR OPERATION, AND SUPPLYING A SAFE AND HEALTHY  PRODUCT."IF YOU EMPOWER YOUR PEOPLE, TRUST IN YOUR PEOPLE, THEY'LL DO WONDERFUL THINGS,"TOMORROW WE'RE OFF TO WISCONSIN TO MEET A DAIRY FARMER BUILDING A  BUSINESS WITH HIS FAMILY'S FUTURE IN MIND.

CROP COMMENTS
AS WE START A NEW WORK-WEEK, LET'S TAKE A LOOK AT YOUR FIRST FARM  COUNTRY WEATHER. MIKE. GOOD MORNING CLINTON. THE RECENT SPATE OF RAIN AND SNOW EVENTS IN  CALIFORNIA HAVE HELPED IMPROVE GRAZING CONDITIONS IN THE GOLDEN  STATE.  "NASS" SAYS NON-IRRIGATED PASTURE AND RANGELAND GREENED-UP  CONSIDERABLY. AND AS WE'VE BEEN REPORTING, THE STATE'S MAJOR NORTHERN CALIFORNIA  RESERVOIRS HAVE MADE FLOOD CONTROL RELEASES DUE TO EXTREME  AMOUNTS OF MOISTURE. NOW TAKING A LOOK AT THE DROUGHT MONITOR YOU  CAN SEE THINGS HAVE ALSO IMPROVED IN THE SOUTHEEASTERN PORTIONS OF  THE COUTNRY WITH NO MORE EXCEPTIONAL DROUGHT THERE WE'LL HAVE YOUR  FORECAST FOR THE WEEK AND THE NEXT THIRTY DAYS COMING UP BUT FIRST  HERE ARE SOME HOMETOWN FORECASTS.

TEASE
WHEN WE COME BACK THE ACTIONS TO TAKE TO SEE PROFITABILITY IN 2017. STICK AROUND FOLKS COMING UP WERE GOING TO TALK VALUES ON JOHN DEERE FORTY TWENTY TRACTORS. AND AS THE NATION MARKS THE BEGINNING OF A NEW ADMINISTRATION,  AMERICA'S FARMERS SHOW THEIR SUPPORT IN A UNIQUE WAY. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN.  A UNIQUELY PWERFUL FORMULATION.   EXTRAORDINARY POWER OVER WEEDS.

AGRIBUSINESS
JAROD CREED WITH GAVILON OUR GUEST HERE AT THE AGRIBUSINESS DESK  TODAY. JAROLD LET 'S TALK ABOUT THIS IS A FUNNY WORD, I GUESS,  PROFITABILITY IN 2017. SURE. IS THAT POSSIBLE RIGHT NOW IT SOUNDS LIKE UH  MAYBE WE GOT A CHANCE HERE. WELL WITHOUT A DOUBT NOT EVERYBODY'S PROFITABLE OUTLOOK FOR TWO  THOUSAND SEVENTEEN RIGHT NOW OK BUT I THINK WE'D BE SURPRISED HOW MANY ARE. AND OBVIOUSLY THAT STARTS WITH THE  MESSAGE THAT WE'VE BEEN BEATEN INTO OUR HEAD THE LAST COUPLE YEARS.  WHAT'S YOUR COST PRODUCTION. WHAT 'S YOUR COST REDUCTION. WHAT'S  YOUR COST PRODUCTION, WAIT. WHAT'S YOUR COST OF PRODUCTION. WHAT 'S  YOUR PLAN ALL RIGHT WHAT 'S YOUR PLAN HOW ARE YOU GOING TO CREATE A  PLAN THAT ULTIMATELY KEEPS THE FARM MOVING FORWARD NOT BACKWARDS.  AND YOU KNOW THAT 'S JUST OUR RELATIONSHIP TO THE BALANCE SHEET RIGHT  NOW. SO WHEN I TAKE A BIG UH YA KNOW THIRTY THOUSAND FOOT VIEW OF  PROBABILITY FOR NEXT YEAR RIGHT NOW, WE'VE HAD A PRETTY GOOD SWING UP  IN SOYBEAN PRICES, OBVIOUSLY. THAT'S BEEN ALL OVER THE NEWS WIRE. AND I  THINK PROBABLY THAT NINE TO NINE-50 TO TEN DOLLAR CASH SOYBEANS FOR  NEW CROP, BREAKS EVEN TO MAKES MONEY FOR THE AVERAGE AMERICAN  PRODUCER GROWING SOYBEANS. THERE 'S A FEW CASES WHERE YOU  PROBABLY DON'T. WHEN YOU SHIFT OVER TO CORN, WELL LET'S TOUCH ON  WHEAT REAL QUICK THAT WE WE JUST TOUGH. WHEAT'S TRYING TO DO ITS BEST  TO CONTINUE TO DETER ACRES AND THAT 'S GONNA BE A LONG ROAD AHEAD.  THERE 'S SOME UNKNOWN OUT THERE IN TODAY'S MARKETPLACE IS GONNA  HAVE TO CREATE AN OPPORTUNITY TO CREATE A PROFITABLE SITUATIONS. THIS  ONE'S A LONG LONG WAYS OUT. THERE HAVE CERTAINLY NOT RECOMMENDING  THAT WE HAVE TO GO OUT THERE AND DO ANYTHING TODAY BUT JULY TWO  THOUSAND EIGHTEEN HARD RED WINTER WHEAT FUTURES ARE ABOVE FIVE  BUCKS RIGHT NOW OK. SO THAT CARRY IS GIVING THEM OPPORTUNITIES. NOW  WHEN YOU JUMP OVER TO CORN, MOST POPULAR IN MY OPINION, CORN  OBVIOUSLY TAKES THE WHOLE BUNCH OF MONEY. WE ESTIMATE IN OUR SHOP  THAT VARIABILITY, VARIABLE COSTS, FOR CORN YEAR ON YEAR ARE DOWN  SOMEWHERE FORTY TO SIXTY BUCKS AN ACRE ON AVERAGE. NOW ALL THAT BE  IN SAID CORN PRICES ARE ABOUT A DIME HIGHER TODAY THIS YEAR THAN THEY  WERE TODAY LAST YEAR. OK AND GUESS WHAT WE'RE GOING INTO THE CROP  INSURANCE AVERAGING PERIOD ANOTHER TEN DAYS AS WELL. ALL OF THAT  COMBINED AND COSTS OF PRODUCTION AND SUCH ON CORN THERE'S PLENTY OF GUYS OUT THERE RIGHT NOW LOOKING AT BREAK EVEN TO A LITTLE BIT OF  MONEY. WE'RE BACK TO FARMER FOR THE DIMES MAYBE QUARTERS WE'RE NOT  FARMING FOR DOLLARS TO PROFITABILITY IN RELATION TO THE GRAIN MARKET.  SO WE GOTTA PUT ALL THAT IN A PAPER ON PAPER HAVE A PLAN AND MAKE SURE  THAT IF WE MOVE THIS CORN PRICE ANY HIGHER WERE THERE TO DO  SOMETHING ALL RIGHT TRY TO STAY IN THE BLACK STAY IN BUSINESS.  APPRECIATE IT. WE'LL BE BACK MORE AGDAY IN JUST A FEW MINUTES.

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY CREDENZ SOYBEAN SEED FROM BAYER. WELCOME BACK TO AGDAY METEOROLOGIST MIKE HOFFMAN MIKE. IF WE COMPARED THIS MAP OF  RAINFALL OVER THE LAST WEEK TO THE DROUGHT MONITOR BOY THEY LINEUP PRETTY GOOD WE'RE HELPING  THINGS OUT A LOT OF PLACES SURE THERE 'S MORE MOISTURE OUT WEST. BUT SOME OF THE HEAVIEST  AMOUNTS IN THE SOUTHERN MISSISSIPPI VALLEY AND ZOOMING INTO THAT AREA AGAIN SEE AS SOME OF  THE HEAVIEST AMOUNTS FROM THE EASTERN HALF OF TEXAS ACROSS LOUISIANA MISSISSIPPI AND THAT  ACTUALLY GOES ALL THE WAY UP TO THE OHIO RIVER VALLEY WITH SOME OF THESE AREAS GETTING FIVE SIX  INCHES OF RAIN OVER THE PAST WEEK SO PRETTY AMAZING AMOUNTS OF RAIN THERE. LETS TAKE A LOOK  AT THE JET STREAM AS WE HEAD INTO THIS WEEK WE HAVE BEEN SEEING STORM AFTER STORM COMING  INTO THE WEST COAST IT 'S BEEN A PATTERN FOR A GOOD COUPLE OF WEEKS HERE AND THAT'S KIND OF  KEPT THE ARCTIC AIR AT BAY WATCH WHAT HAPPENS OVER THE NEXT FEW DAYS SO WE SEE A COUPLE OF  STORM SYSTEM STILL RUMBLING OUT OF THE WEST BUT YOU'LL NOTICE THERE 'S NOT ANOTHER ONE ON THE  TAIL OF THIS LAST ONE COMING IN. SO WITH THE MIDDLE OF THE WEEK WE START TO SEE A TROUGH  DEVELOPING IN THE MIDDLE OF THE COUNTRY AND THEN WE SEE IT DEEPEN INTO THE EASTERN PORTIONS  OF THE COUNTRY ON FRIDAY AND CONTINUE TO DEEPEN AS WE HEAD INTO NEXT WEEKEND. THAT'S GOING  TO BE A SHOT OF ARCTIC AIR COMING INTO THE NORTHEAST QUADRANT OF THE COUNTRY AS WE HEAD  THROUGH THIS COMING WEEKEND. SO A COMPLETE FLIP FLOP OF WHAT WE'VE BEEN SEEING THIS WOULD  BE VERY WARM TEMPERATURES FOR THE WEST COAST TURNING MUCH COLDER IN THE EASTERN PORTIONS OF  THE COUNTRY. SO TEMPERATURES THIS WEEK I'M GOING ABOVE NORMAL FOR THE NORTHERN PLAINS GREAT  LAKES IN THE EAST COAST BUT I WILL TELL YOU THIS IT 'S YOU'RE SO FAR ABOVE NORMAL NOW YOU'LL  PROBABLY END UP AVERAGING ABOVE NORMAL IN THESE AREAS BUT YOU'RE GOING TO TURN COLDER AT  THE END OF THIS WEEK. BELOW NORMAL TEMPERATURES THEN FROM WEST TEXAS THROUGHOUT THE ENTIRE  WESTERN THIRD OF THE LOWER FORTY EIGHT. THIS WEEK WITH PRECIPITATION WE'RE LOOKING FOR ABOVE  NORMAL FROM WESTERN GREAT LAKES INTO THE NORTHEAST. AND YOU CAN SEE BELOW NORMAL FOR THE  SOUTHERN PLAINS AND ALSO THE NORTHERN PLAINS WITH ANOTHER ABOVE NORMAL AREA OUT IN THE  WESTERN SECTIONS OF THE COUNTRY ALTHOUGH THAT'S GOING TO ALL BE EARLY IN THE WEEK AND THEN  YOU BEGIN TO DRY OUT WARM UP A LITTLE BIT THIRTY DAY OUTLOOK FOR TEMPERATURES BELOW NORMAL FOR  A GOOD CHUNK OF THE PLAINS CENTRAL NORTHERN PLAINS OVER INTO THE GREAT LAKES AND MOST OF THE  NORTHERN HALF OF THE ROCKIES ABOVE NORMAL FOR ONLY THE FAR SOUTHWEST MUCH OF MEXICO AS WELL  AND YOU CAN SEE THE MID ATLANTIC DOWN INTO THE SOUTHEAST THIRTY DAY OUTLOOK FOR PRECIPITATION  BELOW NORMAL IN FLORIDA BELOW NORMAL IN MONTANA OTHERWISE WILL CONTINUE TO BE ABOVE  NORMAL. FOR A CALIFORNIAN AND OTHER PORTIONS OF THE SOUTHWEST WITH ABOVE NORMAL ALSO FROM  NORTHEAST TEXAS THROUGH THE CENTRAL MISSISSIPPI VALLEY OHIO VALLEY INTO THE GREAT LAKES AND  EASTERN PORTIONS OF CANADA. SO WE WILL CONTINUE TO THAT BATTLEGROUND AS THAT COLD AIR STARTS TO  COME BACK THAT 'S A LOOK ACROSS THE COUNTRY NOW LET 'S TAKE A LOOK AT SOME LOCAL FORECASTS  FIRST OF ALL FOR BOISE IDAHO CLOUDY WITH A CHANCE OF SNOW TODAY HIGH TEMPERATURE OF THIRTY TWO  DEGREES. HUTCHINSON KANSAS A GOOD DEAL OF SUNSHINE AND MILD HIGH OF FIFTY FOUR AND EASTERN  PENNSYLVANIA BREEZY WITH PERIODS OF RAIN HIGH OF FORTY ONE DEGREES

TEASE
WHEN WE COME BACK, MACHINERY PETE ANSWERS ONE OF HIS MOST OFTEN  ASKED QUESTIONS. PLUS AMERICAN AGRICULTURE GETS A UNIQUE VIEW TO HISTORY - AS IT TAKES  PART IN THE INAUGURAL CELEBRATION. THE NEXT GENERATION OF HEAVY DUTY ENGINE OILS ARE HERE.  INTRODUCING DELO 400 WITH  ISOSYN ADVANCED TECHNOLOGY.  THE NEW DELO 400 PRODUCT LINE IS BIGGER AND BETTER THAN EVER.

MACHINERY PETE
MACHINERY PETE GETS THE SAME QUESTIONS--IN DIFFERENT FORMS--QUITE  OFTEN.WHAT IS IT WORTH? TODAY HE ANSWERS THAT REGARDING ONE OF FARM COUNTRY'S MOST  POPULAR TRACTORS. HEY MACHINERY PETE 'S WHAT JOHN DEERE FORTY TWENTY WORTH WELL I TELL YOU FIND A NICKEL FOR  EVERY TIME ANYONE ASKS ME THAT QUESTION I AM MYSELF A LOT OF NICKELS HOW COURSE DEERE  MADE THE FORTY TWENTY ICONIC TRACTOR FROM NINETEEN SIXTY FOUR TO NINETEEN SEVENTY TWO SO WHAT  YOURS IS WORTH CAN DEPEND ON WHAT YEAR IT IS NOW IF WE TALK OVER ALL LAST YEAR ON FORTY  TWENTIES ALL TOGETHER AVERAGE AUCTION PRICE WAS EIGHT THOUSAND TWO HUNDRED ELEVEN. BUCKS  AND THAT WAS ACTUALLY DOWN NINE POINT EIGHT PERCENT LAST YEAR NOW FRANKLY THE REASON THE  AVERAGE AUCTION PRICE FOR A LONG FOURTEEN TWENTIES WAS BECAUSE THEY WERE SO MANY SOLD AT  AUCTION SAW A HUGE INCREASE MENTION FOR THE LAST TWELVE MONTHS THE NUMBER OF MACHINERY  AUCTIONS HAS REALLY GONE UP IF WE GET MORE SPECIFIC LAST YEAR THE AVERAGE AUCTION PRICE ON A  NINETEEN SIXTY FOUR MODEL FORTY TWENTY CAME OUT TO SIX THOUSAND THREE HUNDRED THIRTY FIVE  DOLLARS ON A ZOOM UP TO THE SEVENTY TWO MODELS COURSE LOT MORE BUYER DEMAND THERE. THE  AVERAGE AUCTION PRICE LAST YEAR WAS THIRTEEN THOUSAND ONE HUNDRED TWENTY ONE DOLLARS. BUT  I'M CONTINUING TO SEE REALLY STRONG BUYER DEMAND FOR THE NICEST SEVENTY ONE AND TWO MODELS  NOW HERE'S A PICTURE OF THE HIGHEST AUCTION PRICE. LAST YEAR A SEVENTY TWO MODEL TWENTY FOUR  THOUSAND FIVE HUNDRED BOX AS ONE AND NINETY ONE HUNDRED HOURS ON IT SOLD ON AUCTION IN  NORTHEAST INDIANA BACK ON FEBRUARY TWENTIETH OF TWENTY SIXTEEN 

TEASE
AND WHILE YOU MAY HAVE WATCHED PRESIDENT TRUMPS INAUGURATION  PARADE ON T-V, SOME KEY PLAYERS IN AMERICAN AGRICULTURE GOT A UNIQUE  POINT OF VIEW. 

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S BX AND L SERIES COMPACT TRACTORS - AVAILABLE  NOW WITH A SIX-YEAR LIMITED POWERTRAIN WARRANTY.  LEARN MORE TODAY AT YOUR LOCAL KUBOTA DEALER. AMERICAN AGRICULTURE TOOK PART IN THE PRESIDENTIAL INAUGURAL PARADE  FRIDAY IN WASHINGTON. SEVERAL FARM GROUPS WERE REPRESENTED AS THEY DROVE TRACTORS THRU THE STREETS OF D-C. BEFORE THE PARADE STARTED, AMERICAN FARM BUREAU PRESIDENT ZIPPY  DUVALL TOOK TO FACEBOOK TO SHARE HIS EXCITEMENT ABOUT REPRESENTING  FARMERS ON THIS INTERNATIONAL STAGE. I JUST WANT TO SAY HELLO TO EVERYONE. I'M SITTING IN MY TRACTOR  WATCHING THE INAUGURATION. AND WAITING FOR THE THUMBS UP TO MOVE  ONTO THE PARADE. WE'RE EXCITED ABOUT BEING HERE. FARMERS AND  RANCHERS OF AMERICA ARE REALLY EXCITED ABOUT THIS DAY. WE PLAYED A  MAJOR ROLE IN GETTING PRESIDENT TRUMP TO THE WHITE HOUSE. AND NOW  IT'S OUR TIME. TIME TO BE ENGAGED IN 2017, MAKE SURE WE CONTINUE TO LET  THEM KNOW WHAT WE NEED ON THE FARMS AND RANCHES, MAKE OUR FAMILIES,  OUR COMMUNITIES, AND AGRICULTURE THRIVE IN THE FUTURE. THIS IS GREAT  DAY FOR AMERICAN AGRICULTURE. HOPE YOU ENJOY.SOT VERBATIM>

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

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close