AgDay Daily Recap - June 12, 2017

June 12, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JUNE 12, 2017


HEADLINES
GRAIN MARKETS SPUTTER AFTER THE LATEST  GRAIN REPORTS.... "NOTHING'S THAT REALLY GOING TO MOVE THE MARKET."BUT MARKET ATTENTION FOCUSES ON WEATHER....WE'LL HEAR FROM A LEADING  STATE CLIMATOLOGIST IN THE CORN BELT. "I'M BETSY JIBBEN . THE PORK INDUSTRY IS PUSHING FOR A FOOT AND MOUTH DISEASE  VACCINE BECAUSE AN OUTBREAK COULD BE DAMAGING TO PRODUCTION AND TRADE. WE'LL HAVE THAT  STORY AHEAD IN THE SHOW."AND MACHINERY PETE LOOKS AT PRICES FOR COLLECTOR TRACTORS. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

USDA WASDE
GOOD MORNING I'M CLINTON GRIFFITHS. FRESH SUPPLY DEMAND NUMBERS ROLL OUT FROM USDA BUT WEATHER,  PLANTING PROBLEMS AND GROWING CONDITIONS CONTINUE TO HOLD THE  ATTENTION OF THE MARKET. THE BIGGEST REVISIONS FROM USDA COMING IN WHEAT NUMBERS. THE AGENCY PROJECTING HIGHER STOCKS, PRODUCTION AND IMPORTS. PRODUCTION CLIMBING NEARLY 4 MILLION BUSHELS (3.8) TO 1 POINT 8 (1.824)  BILLION BUSHELS ON HIGHER HARD RED AND SOFT RED WHEAT PRODUCTION. ENDING STOCKS COMING IN AT  924 MILLION BUSHELS. THAT HAS CARRY OUT SOME 20 PERCENT LOWER THAN LAST YEAR. USDA ALSO RAISING GLOBAL WHEAT SUPPLIES ON BETTER YIELDS IN RUSSIA. ON WINTER WHEAT PRODUCTION USDA SAYS THE CROP WILL REACH ONE-POINT- TWO-BILLION BUSHELS. THAT'S ABOUT ONE PERCENT HIGHER THAN USDA'S MAY ESTIMATE.  BUT 25-PERCENT LOWER THAN A YEAR AGO. ACREAGE IS 25-AND-A-HALF MILLION...FIVE MILLION FEWER ACRES THAN LAST  YEAR. NATIONAL AVERAGE YIELD COMES IN AT JUST SHY OF 49 BUSHELS TO THE ACRE.  A TENTH HIGHER THAN LAST MONTH. STATE BY STATE - KANSAS WHEAT YIELDS CLIMBED TWO BUSHELS AN ACRE FROM  MAY. OKLAHOMA AND TEXAS ARE UNCHANGED. CORN AND SOYBEAN NUMBERS WERE PRETTY MUCH UNCHANGED IN THIS  REPORT. BUT SOUTH AMERICAN CROPS ARE AS BIG AS MARKETS EXPECTED. "USDA'S JUNE SUPPLY AND DEMAND REPORT OFFERED VERY FEW HIGHLIGHTS ON THE DOMESTIC SIDE OF  THINGS. SOYBEAN CARRY OVER BOTH OLD AND NEW CROP ESTIMATES WERE RAISED THERE BY 15 MILLION  BUSHELS. BUT OTHERWISE ON CORN. NO CHANGES TO THE OLD OR NEW CROP BALANCE SHEETS ON  WHEAT THE ONLY CHANGE WAS THE TO THE PRODUCTION ESTIMATE WHICH WAS UNEXPECTEDLY  INCREASED A LITTLE BIT FOR WINTER WHEAT AND THEN SOME MINOR OTHER CHANGES BUT VERY LITTLE  CHANGE OVERALL WHEN WE LOOK AT THE GRAND SCHEME OF THINGS. NOW GLOBALLY THAT WAS A LITTLE BIT  OF A DIFFERENT STORY. WE DID SEE SOME CHANGES UP AND DOWN ON GLOBAL CARRYOVER NUMBERS FOR  CORN SOYBEANS AND WHEAT. BUT REALLY WHEN YOU TAKE THAT ALL INTO ACCOUNT NOTHING THAT'S REALLY  GOING TO MOVE THE MARKET." MUCH OF THE MARKET REACTION WAS RATHER MUTED AS TRADERS CONTINUE  TO EYE CURRENT WEATHER CONDITIONS AND NEW CROP GROWING  CHALLENGES. "AS WE LOOK AT THE WEATHER WE ALREADY HAVE SOME DIFFICULTIES WITH VERY DRY CONDITIONS IN THE NORTHERN GREAT PLAINS AND CONCERN ABOUT THAT AREA MOVING INTO DROUGHT CONDITIONS. THE  SECONDARY THE COUNTRY WHERE THERE ARE SOME CROP PRODUCTION CONCERNS AT THIS POINT IS  OBVIOUSLY THE EASTERN CORN BELT VERY LIGHT IN TERMS OF GETTING THE CROP PLANTED DUE TO A LOT OF  MOISTURE IN THE MONTH OF MAY. AND A CROP THAT IS NOT OFF TO A VERY STRONG START." IN ADDITION TO WEEKLY CROP CONDITIONS, THE MARKET WILL ALSO NOW FOCUS  ON THE JUNE 30TH ACREAGE REPORT TO SEE IF WEATHER CHALLENGES DURING  SPRING PLANTING WILL ALTER THEIR ACREAGE ESTIMATES FOR CORN AND  SOYBEANS.

PORK INDUSTRY AND FOOT-AND-MOUTH
THE PORK INDUSTRY IS PURSUING ONE COMMON GOAL IN THE 2018 FARM BILL. IT WANTS MONEY SET ASIDE TO CREATE, STORE AND SUPPLY A FOOT AND MOUTH  DISEASE VACCINE. AN OUTBREAK WOULDN'T JUST AFFECT PRODUCTION OR TRADE BUT COULD  BECOME A FOOD SECURITY ISSUE.  DURING WORLD PORK EXPO --BETSY JIBBEN SPOKE WITH PORK LEADERS ABOUT  WHY FMD COULD CRIPPLE THE INDUSTRY AND WHY A VACCINE IS NOW MORE  IMPORTANT THAN EVER.  THE PORK INDUSTRY CONTINUES WORKING TO GROW THE WORLD' APPETITE  FOR U.S. PORK. "TO CONTINUE THIS 2,3,4 PERCENT  ANNUAL INCREASE IN PRODUCTION, IT'S NOT GOING TO THE U.S. MARKET. FUTURE GROWTH HAS GOT TO  COME FROM THE EXPORT SIDE." "WITH POTENTIAL TRADE DEALS UP IN THE AIR, THE U.S. PORK  INDUSTRY CANNOT AFFORD AN INTERRUPTION IN TRADE. THAT'S WHY THE INDUSTRY IS PUSHING FOR A FOOT  AND MOUTH DISEASE VACCINE.FMD IS A DISEASE THAT IMPACTS CLOVEN-HOOVED ANIMALS -SUCH AS HOGS,  CATTLE, SHEEP AND DEER.THE INDUSTRY IS URGING FOR A VACCINE BECAUSE AN OUTBREAK COULD SHUT  DOWN TRADE UNLIKE SOME OTHER ANIMAL ILLNESSES.  "WE ARE WILLFULLY UNDERPREPARED FOR A FOOT AND MOUTH DISEASE  OUTBREAK IN THIS COUNTRY. 07 IF YOU LOOK, WE EXPORT ROUGHLY 26 PERCENT OF ALL PRODUCTION OF  PORK IN THE UNITED STATES. IN THE EVENT OF AN FMD OUTBREAK, THOSE EXPORT MARKETS WOULD SHUT  DOWN IMMEDIATELY AND THE RIPPLE EFFECTS WILL BE FELT THROUGHOUT THE WORLD ECONOMY."THAT'S WHY LIVESTOCK ORGANIZATIONS ARE ASKING FOR MANDATORY FUNDING  OF 150 MILLION DOLLARS A YEAR IN THE NEXT FARM BILL WHICH WOULD PROVIDE  10 TO 20 MILLION DOSES OF 23 MOST COMMON FMD ST-RAINS.. IT SOUNDS LIKE A  LOFTY NUMBER, BUT THE INDUSTRY SAYS AN OUTBREAK COULD COST MUCH  MORE."TWO DIFFERENT AGENCIES HAVE DONE THE MATH ON THIS.  THEY MENTIONED IT WOULD BE A 200 BILLION DOLLAR COST. IN OTHER WORDS, AG WOULD BE DEVASTATED.  " U.S. RESEARCHERS HAVE DEVELOPED A HANDFUL OF ANTIGENS TO COMBAT THE  VIRUS BUT NO VACCINE APPROVED FOR THE U.S.  "TWENTY THREE STRAINS OF FMD VIRUS THAT ARE OF IMPORTANCE,  AND THEY DON'T CROSS PROTECT. IF YOU VACCINE WITH ONE TYPE, IT'S NOT GOING TO PROTECT A DIFFERENT  TYPE. SO THAT'S WHY WE NEED ALL 23 STRAINS. MANUFACTURING IS ONE SET-BACK.  U.S. LAW SAYS A LAB WHICH HOLDS THE  VIRUS CANNOT BE INLAND IN THE U.S. APHIS CURRENTLY MANAGES A VACCINE  BANK WHICH HOLDS A VERY SMALL AMOUNT OF THE VACCINE OFFSHORE  ON  PLUM ISLAND, NEW YORK. EVEN IF THERE'S MONEY SET ASIDE IN THE FARM BILL,  MAKING THE VACCINE COULD TAKE TIME. "CURRENTLY, MOST OF THE FMD CAPACITY FOR THE VACCINE IS BEING USED FOR OTHER COUNTRIES THAT  ARE VACCINATING. SO IT WILL TAKE SOME YEARS TO BUILD IT UP.HOWEVER, SOME COUNTRIES ALREADY HAVE VACCINES IN PLACE. MERCK  ANIMAL HEALTH CAN DEVELOP A VACCINE AND SELLS THE FMD VACCINE TO  OTHER PARTS OF THE WORLD. REPRESENTATIVES SAY THE TECHNOLOGY IS  THERE."WITH FOOT AND MOUTH DISEASE, THE TECHNOLOGY FOR MAKING A TRADITIONAL VACCINE EXISTS." FROM MY COMPANY'S STANDPOINT, WE MAKE VACCINES. THAT'S OUR PRIMARY   BUSINESS."MAKING SURE DISEASES DON'T GET IN THE WAY…. "IN ONE WORD, IT WOULD BE DEVASTATING TO HAVE AN OUTBREAK OF FOOT AND MOUTH DISEASE IN THE  U.S."TO MAKE SURE PRODUCTION AND TRADE EXPANSION CONTINUES… REPORTING IN DES MOINES, IOWA AT WORLD PORK EXPO, I'M BETSY JIBBEN.THANKS BETSY. WAGSTROM SAYS FOOT AND MOUTH DISEASE WAS LAST SEEN IN THE US BACK IN  1929.  BACK THEN, THE UNITED STATES HAD SMALL FARMS THAT WERE NOT MOVING  ANIMALS LONG DISTANCES.  TODAY, THERE ARE AN ESTIMATED ONE MILLION PIGS A DAY ON WHEELS  SOMEWHERE IN THE COUNTRY.  THACKER ALSO SAYS THERE'S STILL NO COMMERCIAL VACCINE FOR AFRICAN  SWINE FEVER- WHICH IS COULD BE A MAJOR THREAT TO THE INDUSTRY. 

DRY WEATHER
FARM MARKETS SAW EXCITEMENT LAST WEEK DRIVEN BY RECENT FORECASTS  FOR RAIN AND EXPANDING DRYNESS IN THE UPPER MIDWEST. PLACES LIKE NORTH AND SOUTH DAKOTA,  EVEN MONTANA SEEING DROUGHT  CONDITIONS EXPAND LAST WEEK.  THIS WEEK, HEAT IS FORECAST FOR THE MIDDLE OF THE COUNTRY...BUT IS IT BAD  ENOUGH YET TO HURT CROPS OVERALL? "AT THE MOMENT, IT LOOKS LIKE WE'RE HEADED FOR A FAIRLY NORMAL SUMMER. IT'S HARD TO SAY THAT  WHEN WE HAD A WINTER THAT WAS SO WARM. BUT IT DOES LOOK FAIRLY NORMAL. OF COURSE, JUNE IS OUR  WETTEST MONTH. MAYBE IT WON'T BE THIS TIME. BUT WE DO ANTICIPATE IT WILL STILL WILL COME OUT WITH  ABOUT AN AVERAGE CROP YIELD AT LEAST HOW THINGS LOOK AT THE MOMENT."TAYLOR EXPECTS AT OR ABOVE TRENDLINE YIELD OF 170 BPA AT THIS TIME.  ALSO, HE IS NOT FORECASTING MANY DAYS ABOVE 92 DEGREES THROUGHOUT  THE CORN BELT FOR THIS SUMMER, WHICH WOULD BE GOOD FOR YIELD. 

CROP COMMENTS
CINDI CLAWSON IS IN ONCE AGAIN FOR MIKE HOFFMAN AND SHE HAS A LOOK AT  THIS MORNING'S CROP COMMENTS.  GOOD MORNING, CLINTON. ALEX ANDERSON IN STEPHEN, MINNESOTA SENDING US THIS PHOTO.  HE SAYS THE CROP IS OFF TO A GREAT START IN THE NORTHERN RED RIVER  VALLEY. ALEX SAYS THERE IS PLENTY OF SUBBSOIL MOISTURE FROM LAST FALL  SO BELOW AVERAGE PRECIP HASN'T BEEN A HUGE PROBLEM IN HIS AREA.  USDA IS RELEASING ANOTHER CROP PROGRESS REPORT LATER THIS  AFTERNOON.  AND MATT CARTER FROM SULPHUR ROCK, ARKANSAS SAYS GRASS IS GROWING  WELL. HE SAYS PRODUCERS ARE DIVING INTO THE HAYFIELD THIS WEEK....AND HOW HERE ARE SOME HOMETOWN TEMPS.  VISIT FARM JOURNAL PRO.COM.  TRUSTED ANALYSIS, PROFESSIONAL INSIGHT. FARM JOURNAL  PRO.COM. WE'LL RECAP LAST WEEK'S REPORT AND GET A PREVIEW OF THE TRADING WEEK  AHEAD UP NEXT IN ANALYSIS. STAY TUNED FOLKS COMING UP WE'RE GOING TO TALK ABOUT THE CHANGING  TRACTOR COLLECTOR MARKET. PLUS HOW DO YOU GET CHILDREN TO EXERCISE MORE? THE 4-H HAS AN ACTION PLAN THAT MAY HELP. FIND OUT WHAT IT IT, LATER ON  AGDAY. GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY. 

FLOOR OF THE CME
IN AGRIBUSINESS MARKETS YAWNED A BIT FOLLWOING FRIDAY'S REPORTS FROM  USDA.LETS GET THE CLOSE FROM THE FLOOR OF THE CME IN CHICAGO. " TODAY WE HAD A BIG USDA REPORT. LET'S TAKE IT FROM THE TOP. SOYBEANS  ARE MIXED. THE USDA REPORT HAD NO IMPACT ON THE MARKETS. IT'S BEEN  INTERESTING. AS SOON AS THE REPORTS CAME OUT, THE MARKET ACTUALLY  RALLIED INTO THE REPORT WITH SOYBEANS. AS SOON AS THE REPORT CAME  OUT, IT BROKE ALMOST 10 CENTS. WE HAD A 10 CENT RALLY TO ALMOST A 5 CENT  BREAK. SO WHEN THE MARKET CAME BACK AGAIN, EVEN NOW IT WAS UP EVEN A  COUPLE OF CENTS. SO, THAT TELLS ME THE EXPECTATION IS THAT THERE IS  STILL BETTER THINGS ON THE HORIZON. CATTLE ARE MIXED.IT'S TRADING ON  BOTH SIDES OF THE MARKET. IT'S HOLDING THE MARKET STEADY AND THE CASH  MARKET HAS PACKERS WORRIED THEY WILL HAVE TO PAY MORE FOR THEIR  CATTLE AND THAT BODES WELL FOR THE MARKET. FEEDERS ARE CONSOLIDATING  AT THE TOP OF THE MARKET AND THERE'S UNCERTANTITY WITH THE OUTLOOK  GOING FORWARD. THAT'S PUSHING THESE MARKETS SIDEWAYS TODAY.  THAT'S  ALL FROM THE CME FLOOR IN CHICAGO. I'M VIRGINIA MCGATHEY."

AGRIBUSINESS
"PETE MEYER JARROD CREED OUR GUEST HERE AT THE AGRIBUSINESS DESK TODAY GENTLEMEN AS WE  START THE WEEK WHAT DO WE NEED TO BE WATCHING. PETE WE'LL START WITH THE SEASONALITY STARTS  KICKING IN THIS TIME OF YEAR AND YOU CANNOT DISREGARD THAT. I MEAN WE SAW WHAT HAPPENED  LAST YEAR LAST YEAR COMING INTO THIS OR NEXT WEEK LAST YEAR WAS THE WEEK THAT WE TOPPED OUT  AND SEASONALLY WE DO HAVE A TENDENCY TO FADE FROM HERE. SO YEAH I THINK YOU HAVE TO REALLY  PAY ATTENTION PAYING ATTENTION TO MARKETS JARROD WHAT DO YOU THINK JUST BOTH ON WHAT PETE IS  TALKING ABOUT WE'RE AT A SIX MONTH HIGH FOR NEW CROP CORN HOPEFULLY OVER THE WEEKEND WE  REVIEWED SOME PLANS. WEATHER FORECASTS CAN SHIFT ON A DIME. WHAT WE'VE GAINED IN THE LAST  COUPLE OF WEEKS COULD QUICKLY DISAPPEAR WEATHER AND SEASONALITY IS GOING TO BE A  FRONTRUNNER FOR THE NEXT COUPLE OF WEEKS. SO WE HAD THERE WASDE REPORT LAST FRIDAY THAT  DOESN'T REALLY CHANGE YOUR OPINION ABOUT WHAT'S HAPPENING IN THESE MARKETS YOU GUYS ARE  BOTH WATCHING THIS WEATHER WEATHER ISSUE THAT WE'RE GOING THROUGH RIGHT NOW. LOOK THE NEXT  BIG DATA POINT FOR ME IS GOING TO BE ACREAGE ON AT THE END OF JUNE. OK BETWEEN NOW AND  THEN WE'RE JUST GOING TO BE WATCHING THE WEATHER. OK IT'S I'M GOING TO BE WATCHING THEIR WAY.  JARROD WHAT ARE YOU SEEING OUT IN FIELDS OUT IN FIELDS YOU KNOW MOSTLY IN THE IOWA NEBRASKA  AREA THERE'S NOT A WHOLE LOT TO COMPLAIN ABOUT. OK. YOU GET INTO EASTERN IOWA INTO THE  WESTERN ILLINOIS IT'S A LITTLE BIT MORE VARIABLE. VERDICT IS DEFINITELY STILL OUT AND THAT PETE IS GOING  TO COVER MORE OF THAT AREA HERE IN THE NEXT COUPLE OF DAYS AS WELL SO OHIO AND INDIANA ARE  REALLY TOUGH SHAPE THERE ARE SOME PARTS OF CENTRAL ILLINOIS THAT ARE STILL HURTING A LITTLE BIT. I  THINK YOU'VE TAKEN FOR SOME FOR SOME PRODUCERS UNFORTUNATELY ABOUT 20 PERCENT OF THE TOP  AND OFF IN INDIANA AND SOME PARTS OF OHIO. THOSE ARE ACREAGES MAKES A SHIFT AT ALL. OH I THINK IT DOES. I THINK IT DOES. I WAS I WAS IN THE 91 AND A HALF 80 88 AND A HALF CAMP FOR A LONG  PERIOD TIME NOW. NOW I THINK CORN ACREAGE IS PROBABLY YOU KNOW JUST JUST BELOW 90 WHERE  THAT WEATHER NUMBER WAS. I DIDN'T I DIDN'T TRUST THE LAST NUMBER. DUE TO THE FACT THAT FOUR OUT  OF EVERY 10 PRODUCERS THROUGH IT THROUGH A THROUGH THE SURVEY IN THE GARBAGE. SO I THINK  WE'RE PROBABLY STILL AROUND THAT TIME AROUND THAT AREA. I THINK BEANS ARE PROBABLY GOING TO BE  AROUND THERE AS WELL. FINAL WORD FOR THE WEEK AHEAD. WELL PRAY FOR OUR FRIENDS IN NORTH GO TO  SOUTH DAKOTA LET'S GET SOME MOISTURE UP THERE FINALLY. GET SOME RAIN. ALRIGHT THANK YOU  APPRECIATE YOU BEING HERE AND HERE WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE. "

WEATHER
WELCOME BACK TO AGDAY ON THIS MONDAY MORNING CINDI CLAWSON IN  TAKING A LOOK AT WEATHER FOR US CINDI I THINK EVERYBODY IS REALLY  WATCHING WHERE WE'VE GOT THESE DRY POCKETS AND WILL IT CONTINUE TO  EXPAND. YEAH AND IT'S DEFINITELY A POSSIBILITY THAT WE CONTINUE TO SEE  SOME KIND OF DRIER WEATHER BUT WE'RE ALSO LOOKING AT SOME FAIRLY  WARM TEMPERATURES AND THAT DOES NOT HELP US EITHER. LET'S TAKE A LOOK  AT OUR JET STREAM. AND AS WE HEAD THROUGH THE WEEK NOTICE WE'LL  CONTINUE WITH SOME WARMER TEMPERATURES IN THE EASTERN PART OF THE  COUNTRY. WE DO HAVE A TROUGH THAT'S GOING TO BE AFFECTING PARTS OF  THE NORTHWEST SO PERHAPS SOME STORMY CONDITIONS THERE AND SLIGHTLY  COOLER AIR AS WE PUT THIS INTO MOTION. NOTICE THAT TROUGH GOING TO  MOVE ACROSS SOME OF THE NORTHERN TIER OF STATES WE MIGHT HAVE A  LITTLE BIT OF RAIN ESPECIALLY RIGHT ALONG THE U.S. CANADIAN BORDER.  WHILE WE'RE STILL GOING TO KEEP THOSE TEMPERATURES REALLY WARM AT  LEAST THROUGH THE MIDDLE PART OF THE WEEK IN THE EASTERN PART OF THE  COUNTRY. NOW EVENTUALLY WHAT WE EXPECT TO SEE IS AS WE GET INTO NEXT  WEEKEND WE ARE GOING TO BE SEEING A TROUGH DEVELOPING HERE OVER  PARTS OF THE NORTHERN PLAINS AND THAT'LL BRING SOME AT LEAST SOME  COOLER AIR FOR A LITTLE BIT AND POTENTIALLY SOME STORMY CONDITIONS  ESPECIALLY ON THE EAST SIDE OF THAT TROUGH. NOW OVER ALL FOR THE WEEK  WE ARE LOOKING AT ABOVE NORMAL TEMPERATURES IN A LOT OF THE EASTERN  PART OF THE COUNTRY AND THAT STRETCHES ALL THE WAY BACK INTO THE  SOUTHERN AND CENTRAL PLAINS. SLIGHTLY COOLER THAN NORMAL AS YOU GET  INTO THE NORTHWEST BUT ALSO ABOVE NORMAL IN THE SOUTHWESTERN  UNITED STATES. PRECIPITATION WISE WE'RE LOOKING AT SOME ABOVE NORMAL  PRECIPITATION FROM THE GREAT LAKES ALL THE WAY DOWN TO THE GULF  COAST. WE ARE LOOKING AT SOME DRIER CONDITIONS IN PARTS OF THE  CENTRAL AND NORTHERN PLAINS ALL THE WAY BACK INTO THE SOUTHWESTERN  UNITED STATES PERHAPS A LITTLE BIT ON THE WET SIDE IN THE PACIFIC  NORTHWEST. NOW AS WE TAKE A LOOK A LITTLE BIT FURTHER INTO THE FUTURE  WE ARE EXPECTING TO SEE ABOVE NORMAL TEMPERATURES IN THE NORTHERN  PLAINS ALL THE WAY FOR MOST OF THE WESTERN UNITED STATES. ALSO IN THE  FAR NORTHEASTERN UNITED STATES. BUT WE'RE LOOKING AT SOME COOLER  TEMPERATURES FOR FOLKS IN THE MAINLY THE GULF COAST STATES KIND OF IN  THE SOUTHEASTERN UNITED STATES HERE AS FAR AS PRECIPITATION IS  CONCERNED OVER THE NEXT 30 DAYS. THIS ISN'T LOOKING GOOD FOR FOLKS IN  THE DAKOTAS WHERE WE HAVE SOME VERY DRY CONDITIONS RIGHT NOW ABOVE  NORMAL FOR THE SOUTHEAST. WE STILL HAVE SOME DRYNESS THERE SO THAT  COULD BE A GOOD THING AS LONG AS IT'S NOT TOO MUCH THERE. WE'RE  LOOKING AT SOME FAIRLY DRY CONDITIONS RIGHT ALONG THE WEST COAST IN  THE EXTREME FAR SOUTHWESTERN PARTS OF THE COUNTRY SO I KNOW A LOT  OF PRODUCERS ARE REALLY CONCERNED ABOUT WHAT'S GOING TO BE  HAPPENING IN THE NEXT 30 DAYS SOME OF THEM SOME PRODUCERS HAVE  ALREADY HAD TO PLANT TWICE ALREADY SO THAT'S A GOOD LOOK AT WHAT WE  EXPECT OVER THE NEXT 30 DAYS ACROSS THE COUNTRY. ALL RIGHT THAT'S A  LOOK AT YOUR NATIONAL FORECAST. NOW LET'S CHECK ON THE WEATHER  WHERE YOU LIVE. MUDDY MONTANA PARTLY CLOUDY WITH SOME SHOWERS AND  THUNDERSTORMS POSSIBLE TODAY AND A HIGH OF 80 DEGREES. MUDDY ILLINOIS  SUNNY AND HOT WITH A HIGH OF 90 DEGREES AND MUDDY CREEK NORTH  CAROLINA. A HIGH OF 92 WITH SUNSHINE.

TEASE
MACHINERY PETE CHECKS IN NEXT WITH A  LOOK AT THE LATEST TREND IN  COLLECTOR TRACTORS. PLUS - EXERCISE IS IMPORTANT TO HEALTHY LIVING. BUT PLENTY OF KIDS ARE  MISSING OUT. SEE HOW THE 4-H IS TRYING TO MAKE EXERCISE MORE  ENJOYABLE...AS WE HEAD IN THE COUNTRY.

MACHINERY PETE
SOME TRACTORS ARE FOR WORK. OTHERS ARE FOR SHOW. TODAY MACHINERY  PETE TELLS US THE LATEST TREND IN COLLECTOR TRACTORS. WELL THE COLLECTOR TRACTOR MARKET HAS BEEN CHANGING FOLKS. I THINK WE KIND OF ALL KNOW THIS  NOW WHEN WE SAY ANTIQUE TRACTORS YOU KNOW TO ME THAT MEANS 1950S 40S 30S. AND WHAT  I'VE BEEN SEEING ON THE VALUES ON THESE TRACTORS BASICALLY BEEN FLAT DEFINITELY NOT REALLY GOING  UP. BUT WHAT I HAVE SEEN IS THE NUMBER OF AUCTIONS FEATURING THOSE TRACTORS THAT HAS BEEN  GOING UP MORE ARE AVAILABLE NOW WHERE I AM SEEING BUYING HEAT IN THIS CHANGING COLLECTOR  MARKET IS ON THE LARGER RARE TRACTORS. PERFECT EXAMPLE LAST SATURDAY COLLECTOR AUCTION IN  EASTERN IOWA. THIS 1964 JOHN DEERE EIGHTY TWENTY FOUR WHEEL DRIVE OF RESTORED BEAUTIFUL  TRACTOR SOLD FOR $160000. NEW RECORD HIGH AUCTION PRICE BY A MILE. PREVIOUS HIGH WAS  $90000 ALL THE WAY BACK IN OCTOBER OF 2010 ON A SALE UP IN SASKATCHEWAN. AND I REMEMBER  THINKING AT THAT TIME JEEZ NINETY THOUSAND BUCKS WE'LL PROBABLY NEVER SEE A HIGHER ONE AND  DEER ONLY MADE ABOUT 100 OF THOSE IN THE 20S. NOW ANOTHER EXAMPLE OF THIS TREND CAME LAST  SEPTEMBER ON AN AUCTION OF PENNSYLVANIA WHERE THIS INTERNATIONAL 74 88 JUST OVER 4000  HOURS ON IT INTERNATIONAL ONLY MADE 16 OF THESE. IT SOLD FOR $105000. AGAIN NEW RECORD  AUCTION PRICE BY A MILE PREVIOUS HIGH WAS $71000 ON AN AUCTION IN NORTH DAKOTA A FEW YEARS  EARLIER. SO AGAIN THESE OLDER THESE OLDER TRACTORS THAT ARE LARGER AND RARE IN PRODUCTION  MODELS COLLECTORS ARE REALLY GOING AFTER THESE THINGS.

TEASE
SHIFTING FROM OLD IRON TO CUTTING EDGE TECHNOLGY - BE SURE TO MARK  YOUR CALENDAR FOR 'FARM JOURNAL AG TECH EXPO'  DECEMBER  11TH-THRU- THE 13TH IN INDIANAPOLIS. FARM JOURNAL JUST ANNOUNCING THE KEY NOTE SPEAKER - ED PARSONS, THE  GEOSPATIAL TECHNOLOGIST OF GOOGLE. IF YOU'VE EVER USED GOOGLE EARTH OF GOOGLE MAPS - THEN YOU'RE  FAMILIAR WITH GOOGLE'S KEY LEADER IN THOSE ARENAS. PARSONS WILL TALK ABOUT THE FUTURE OF SATELLITE TECHNOLOGY - WHICH  PLAYS A MAJOR ROLE IN FARMING. CHILDHOOD OBESITY IS A MAJOR HEALTH CONCERN IN THIS COUNTRY. NEXT  WE'LL SHOW YOU HOW ONE 4-H CLUB IS TAKING CHARGE TO TURN THAT TREND  AROUND.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  DISCOVER THE POWER BEHIND THE M6 SERIES AT  KUBOTA.COM. IN AN EFFORT TO FIGHT CHILDHOOD OBESITY, 4-H LEADERS IN ONE LOUISIANA  PARISH ARE PUTTING TOGETHER A HEALTHY LIVING PROGRAM THAT PUTS A LOT  OF ATTENTION ON EXERCISE....FUN EXERCISE. LOUISIANA HAS ONE OF THE HIGHEST RATES OF CHILDHOOD OBESITY IN THE  COUNTRY.GETTING YOUNG PEOPLE ACTIVE EARLY IN LIFE CAN BE INSTRUMENTAL INTO  DEVELOPING HEALTHFUL HABITS.  MAKING EXERCISE FUN IS ONE ASPECT. BUT THEY ALSO INVOLVE  COMPETITION...GIVING CHILDREN INCENTIVE TO TRY HARDER. "I THINK THEY LEARNED THAT THEY REALLY NEED TO GET OUTSIDE AND BE MORE  ACTIVE BECAUSE A LOT OF THEM WERE SAYING THEY DON'T DO THIS ON A REGULAR BASIS. AND I HAD TO  MAKE SURE THEY KNEW HOW IMPORTANT THIS WAS BECAUSE KIDS DON'T KNOW HOW TO DO THAT  ANYMORE."THE PARTICIPANTS RANGED FROM PRE-K TO EIGHTH GRADE AND ALSO  DIFFERENT SKILL LEVELS.  DESIGNING A PROGRAM TO FIT SUCH VARIED AGES  PROVED CHALLENGING.  

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR BETSY JIBBEN AND CINDI CLAWSON, I'M CLINTON GRIFFITHS. HAVE A GREAT  DAY.AGDAY IS POWERED BY RAM TRUCKS - AMERICA'S LONGEST LASTING PICKUPS.  

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