AgDay Daily Recap - September 24, 2018

September 24, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
SEPTEMBER 24, 2018

HEADLINES

IT'S NOT JUST THE CAROLINA'S AS RAIN SOAKS HARVEST IN THE MIDWEST. I'M MICHELLE ROOK. IT'S BEEN A CHALLENGING YEAR FOR HAY PRODUCTION HERE IN SOUTH DAKOTA. I'LL HAVE THE STORY COMING UP. IN AGRIBUSINESS...WHAT ABOUT SOYBEAN PRICES. MACHINERY PETE HAS PRICE DATA ON USED GRAIN  HANDLING EQUIPMENT. AND IT'S A PUNCH OF COLOR FOR THE AUSTRALIAN COUNTRYSIDE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO. 

HARVEST WEATHER
GOOD MORNING I'M CLINTON GRIFFITHS. A NEW WEEK AND MULTIPLE PARTS OF THE COUNTRY  PUTTING HARVEST ON PAUSE WAITING FOR FIELDS TO  DRY OUT. PARTS OF THE MIDWEST DEALING WITH HEAVY RAINS  AND FLOODING LAST WEEK. SOME AREAS SAW BETWEEN SIX AND 10 INCHES OF  RAIN OVER SEVERAL DAYS. THE SOUTHERN PLAINS RAINS THIS WEEKEND SOAKING  LARGE AREAS. AND ON THE COAST, SEVERE WEATHER AND FLOODING FROM FLORENCE STILL CAUSING ISSUES FOR RESIDENTS. THIS WEEK, METEOROLOGIST SAY A COLD FRONT IS  BRINGING A BIG CHANGE IN TEMPERATURES AND  EXPECTATIONS FOR HARVEST. USDA SAYING A WEEK AGO, CORN HARVEST WAS JUST 9 PERCENT COMPLETE NATIONWIDE. SOYBEANS WERE JUST 6 PERCENT CUT.  WE'LL GET A FRESH UPDATE FROM USDA LATER THIS  AFTERNOON.

SOUTH DAKOTA ALFALFA
ALFALFA PRODUCERS IN THE WESTERN CORN BELT ARE HARVESTING THEIR FIFTH CUTTING THIS MONTH AND WRAPPING UP WHAT HAS BEEN AN EXTREMELY  FRUSTRATING YEAR, THANKS TO MOTHER NATURE. MICHELLE ROOK TAKES US TO THE FIELD IN ONE OF  THE TOP ALFALFA PRODUCING STATES IN THE NATION,  SOUTH DAKOTA, TO GET THE STORY.  RECORD RAINS AND FLOODING HERE IN SOUTHEAST SOUTH DAKOTA  DURING THE SEASON HAVE MADE IT ONE OF THE MOST DIFFICULT AND CHALLENGING YEARS FOR PUTTING UP GOOD QUALITY ALFALFA THAT MOST  PRODUCERS CAN EVER REMEMBER.  FOR GAYVILLE HAY PRODUCER GARY FREEBURG, ONLY ONE OTHER  SEASON EVEN COMES CLOSE TO 2018."THE ONLY ONE THAT EVER TOPPED IT HERE WAS 84." THAT'S BECAUSE RECORD RAINS FELL IN JUNE IN SOUTHEAST SOUTH DAKOTA, NORTHWEST IOWA AND SOUTHWEST MINNESOTA AND THEY DIDN'T STOP. "AROUND THE MIDDLE OF JUNE IT STARTED RAINING.  WE RECEIVED 20-PLUS INCHES OF RAIN IN JUNE AND ANOTHER SIX  INCHES OF RAIN IN JULY."  THAT FLOODED THOUSANDS OF ACRES OF CROPLAND, ESPECIALLY ALONG  THE RIVER BOTTOM AND ALFALFA IS A CROP THAT DOESN'T LIKE WET FEET. "YOU CAN STAND WITH WATER ON THE ALFALFA FOR ABOUT TWO DAYS AND AFTER THAT IT KIND OF COOKS IT AND IT JUST TAKES THE STAND AWAY."  SO MANY ALFALFA MEADOWS WERE DAMAGED. WE HAVE ANYWHERE FROM SLIGHT DAMAGE TO MODERATE DAMAGE TO  A LOT OF DAMAGE TO WHERE IT'S A COMPLETE WIPE OUT."  "IT HAS MADE THINGS VERY DIFFICULT FROM PUTTING UP VARIOUS DEGREES  OF DROWNED OUT HAY TO SOME FIELDS DIDN'T TAKE ANY DAMAGE AT  ALL." BUT IT'S BEEN A VERY DIFFICULT YEAR." AMY FREEBURG SAYS WHAT ADDED TO THE FRUSTRATION IS THEY HAD  REPLANTED MANY MEADOWS THIS SPRING. "AND THE SAD PART FOR US IS A YEAR AGO WE HAD MAJOR WINTER KILL.  SO, WE HAD A LOT OF REPLANT FROM LAST YEAR AND SO THOSE BRAND  NEW MEADOWS ARE ALWAYS YOUR BEST BET."  THEY'RE ALWAYS THAT KICK OUT THE NICEST HAY. "PROBABLY WHAT MADE THIS ALMOST THE WORST SINCE I'VE BEEN HERE  IS WE PLANTED IT, SPENT THE MONEY, THE YEAR WAS LOOKING GOOD AND THEN IT WIPED IT OUT." THE RESULT IS TONNAGE WILL BE DOWN SUBSTANTIALLY FOR ALFALFA  PRODUCERS IN ONE OF THE TOP FORAGE PRODUCTION AREAS IN THE  NATION. "FOR OUR OPERATION, I WOULD SAY RIGHT AT YOU KNOW SOMEWHERE  BETWEEN 40 AND 60-PERCENT."  I'LL KNOW MORE ABOUT IT WHEN WE GET DONE WITH THE FIELDS."  AND HAY QUALITY, WHICH IS IMPORTANT FOR ESPECIALLY DAIRY PRODUCERS, HAS ALSO SUFFERED. "QUALITY IS REALLY OFF THIS YEAR. YOU KNOW WE WENT THROUGH OUR  FIRST CUTTING AND THE FIRST CUTTING WENT UP OKAY. "SECOND CUTTING WHEN WE GOT INTO JUNE, THIRD CUTTING WHEN WE  GOT INTO JULY JUST A CHALLENGE."  SO, FREEBURG'S HAVE CLEANED UP THE FIELDS, SALVAGED WHAT ALFALFA  THEY CAN AND WILL LOOK FORWARD TO A NEW SEASON. "NO MATTER WHAT YOU STILL GOTTA GO OUT THERE AND CUT IT AND CLEAN  IT UP AND BALE IT AND GET IT OFF THE FIELD." "THIS ISN'T MY FIRST RODEO AND A LOT OF THESE FIELDS AND THAT YOU  KNOW WE'RE JUST GOING TO SPRAY THEM AND WE'RE GOING TO START ALL  OVER NEXT SPRING."  IN SOUTH DAKOTA, I'M MICHELLE ROOK REPORTING FOR AGDAY.  

NORTH CAROLINA POST-FLORENCE
RECOVERY CONTINUES IN NORTH CAROLINA FOLLOWING THE  HURRICANE FLORENCE.  THE NUMBER OF LIVESTOCK LOST TO FLOODING  CONTINUES TO CLIMB. AS OF LAST WEEK, ACCORDING TO THE NORTH CAROLINA AG DEPARTMENT 5,500 HOGS AND 3.4 MILLION  POULTRY WERE LOST IN THE HURRICANE.  IN ADDITION TO DAMAGE ON FARMS THE STATE FACES  SUBSTANTIAL ROAD REPAIRS MAKING FOR LOGISTICAL  CHALLENGES TO GET FEED TO LIVESTOCK AND  ELECTRICITY.  THE SMITHFIELD PROCESSING PLANT IN TAR HEEL,  NORTH CAROLINA, IS SCHEDULED TO RAMP UP  PRODUCTION AS ROADS BECOME MORE PASSABLE.  SANDERSON FARMS REPORTED THAT 60 BROILER  HOUSES AND FOUR FEEDER HOUSES WERE ALL  FLOODED.  ON THE CROP SIDE, FARMERS MAY BE FACING BILLIONS  OF DOLLARS IN  DAMAGES. EARLY FARM REPORTS CONFIRM PRE-STORM WORRIES  ABOUT LOSSES TO TOBACCO, COTTON AND CORN  CROPS. NORTH CAROLINA INDUSTRY LEADERS REMAIN ANXIOUS  ABOUT WHETHER SWEET POTATOES AND PEANUTS WILL  SUFFER GREATLY AS WELL.FIVE OF THE TOP SIX FARMING COUNTIES IN THE STATE  WERE WITHIN THE HARDEST-HIT AREAS. NORTH CAROLINA AGRICULTURE COMMISSIONER STEVE TROXLER SAID THURSDAY HE EXPECTED TOTAL FARM  MONETARY LOSSES TO BE IN THE BILLIONS IN THE  STATE. TOBACCO COULD BE THE NORTH CAROLINA FIELD CROP  TAKING THE BIGGEST HIT. CRAIG WEST, FARMER: "THE BIGGEST PROBLEM NOW IS THAT ALL THESE CROPS, TOBACCO  INCLUDED, IS HARVESTED WITH MACHINERY, WITH MACHINES, AND AFTER SIXTEEN INCHES OF RAIN WE CAN'T GET THESE MACHINES IN THE FIELD.  IT'S TOO WET ANYWAYS. SO WE HAVEN'T BEEN ABLE TO REALLY MAKE AN  ATTEMPT TO HARVEST ANY BEFORE NOW ANYWAY AND BY THE TIME WE CAN, TOBACCO WISE, THERE WON'T BE ANYTHING LEFT. THE WAY IT'S  GONE DOWN IN THE LAST TWO DAYS, THERE'S JUST NOTHING LEFT." ABOUT 40 PERCENT OF TOBACCO WAS STILL IN THE  FIELD WHEN FLORENCE ARRIVED, AND AN INDUSTRY  GROUP PROJECTED LEAF LOSSES COULD BE $350  MILLION. STATE AGRICULTURE COMMISSIONER STEVE TROXLER  SAYS NORTH CAROLINA LIKELY WON'T HAVE  PRELIMINARY CROP DAMAGE ESTIMATES UNTIL THE END  OF THIS WEEK.   

RECATEGORIZING HURRICANES
EVEN THOUGH FLORENCE HAS LEFT, RESCUES IN THE CAROLINAS CONTINUE THIS MORNING. IN ITS SHADOW, THERE'S A RE-NEWED CALL TO EXAMINE  YHE HURRICANE RATING SYSTEM AS SOME STORM  VICTIMS SAY IT DOES NOT ADEQUATELY ACCOUNT FOR  RAINFALL. AS HURRICANE FLORENCE PUSHED ACROSS OPEN  WATER IT WAS RATED A CATEGORY 4 STORM. BUT AS IT DREW CLOSER TO LAND ITS RANKING  DROPPED TO CATEGORY TWO...AND THEN ONE AS IT  MADE LANDFALL. WITH A LESSER INTENSITY ON THE SAFFIR-SIMPSON  SCALE, SOME RESIDENTS DECIDED TO RIDE OUT THE STORM. STORMS ARE CATEGORIZED BY WIND STRENGTH. WHILE  THE WINDS WERE DIMINISHED, THE RAINFALL DID NOT.  AND NOW RECORD-SETTING FLOODING COVERS CITIES  LIKE WILMINGTON AND NEW BERN. SEVERAL METEOROLOGISTS AND DISASTER EXPERTS  SAY SOMETHING NEEDS TO CHANGE OR AT LEAST ADD  TO THE SCALE TO REFLECT THE REAL RISKS IN  HURRICANES.  "THERE'S A SIGNIFICANT DANGER IN FOCUSING TOO MUCH ON CATEGORY  WITH STORMS LIKE HURRICANE FLORENCE OR HARVEY. THE IMPACTS OF  THOSE STORMS ARE MUCH BROADER THAN WINDSPEED BUT YET THAT'S  WHAT THE CATEGORIES IN THE SAFFIR-SIMPSON SCALE GIVE US. WE NEED TO HAVE A WAY OF CONVEYING THE IMPACTS OF THE STORM:  RAINFALL, SURGE AND TORNADOES, NOT JUST THE WIND." ><MARSHALL SHEPHERD, UNIVERSITY OF GEORGIA METEOROLOGY  PROFESSOR: "ALL YOU HAVE TO DO IS THINK ABOUT HURRICANE SANDY, HURRICANE  HARVEY, NOW HURRICANE FLORENCE. NEITHER OF THESE STORMS WERE  REALLY ABOVE CATEGORY 1 WHEN THEY DID THEIR MOST DAMAGE. OF  COURSE, HARVEY WAS A CAT 4 AT LANDFALL, BUT MOST OF THAT RAIN FELL IN HOUSTON WHEN IT WAS A TROPICAL STORM." > THE FIVE HURRICANE CATEGORIES ARE BEING  MEASURED THROUGH THE 47 YEAR-OLD SAFFIR  SIMPSON SCALE. ONCE A STORM HITS 74 MPH  IS CONSIDERED A  CATEGORY 1 HURRICANE. IT RATCHETS UP UNTIL IT  REACHES THE TOP-OF-THE-SCALE CATEGORY 5 AT 157  MPH. BUT IN CASES LIKE FLORENCE, HARVEY, SANDY IN 2012,  MANY EXPERTS SAY THE SCALE DIDN'T QUITE TELL THE  STORY BECAUSE IT FOCUSED ON WIND NOT WATER.  

FARM BILL
TO POLICY AND WASHINGTON D.C. THERE ARE LESS THAN A HANDFUL OF LEGISLATIVE DAYS LEFT IN  SEPTEMBER. MEANING THERE'S ONLY A SMALL WINDOW TO FINISH A  NEW FARM BILL BEFORE IT EXPIRES ON SEPTEMBER  30TH.  IOWA SENATOR JONI ERNST SAYS NEGOTIATIONS HAVE  QUOTE "TAKEN A TURN" IN THE WRONG DIRECTION. IOWA SENATOR CHUCK GRASSLEY TELLING REPORTERS  HE HASN'T HAD A CONVERSATION WITH COMMITTEE  CHAIRMAN PAT ROBERTS ON THE FARM BILL FOR TWO  WEEKS. GRASSLEY SAYS HE HOPES THE WORK CAN GET DONE,  HOWEVER.  <" IF IT GOES INTO THE EARLY WEEKS OF OCTOBER, BEFORE WE  AJORN FOR THE ELECTION WHICH IS PROBABLY AROUND OCTOBER 20 OR SO,  THEN THAT WILL STILL BE SOON ENOUGH EVEN THE EXISTING LAW SUNSETS.  25 IT'S NOT GOING TO CREATE ANY PROBLEMS UNTIL WE GET INTO NOVEMBER. 31 IF WE DON'T GET SOMETHING DONE BY THEN, WE'LL HAVE  TO EXTEND THE 2014 FARM BILL INTO 2019,">  36 

INDIA TRADE PACKAGE
ON THE TRADE FRONT, INDIA AND THE UNITED STATES ARE CURRENTLY IN NEGOTIATIONS ON A TRADE PACKAGE.  REUTERS REPORTING THE DISCUSSIONS ARE LOOKING  TO REMOVE LONG-STANDING DISAGREEMENTS  BETWEEN THE TWO COUNTRIES THAT WOULD  STRENGTHEN TIES. THE TWO COUNTRIES HAVE BEEN GOING BACK-AND- FORTH ON STEEL TARIFFS, AS WELL AS DUTIES ON  AGRICULTURAL PRODUCTS.  THE TWO SIDES BEGAN TALKS IN JUNE.  A SOURCE WITH KNOWLEDGE OF THE NEGOTIATIONS  TELLS REUTERS, "WE ARE CLOSELY NEGOTIATING A  DISCREET PACKAGE OF TRADE ISSUES AND IT WILL  AMOUNT TO A PRETTY SUBSTANTIVE AGREEMENT."  BOTH SIDES EXPECTING NEGOTIATIONS TO WRAP UP WITHIN A FEW WEEKS.  

TPP REJOIN?
ALSO ON TRADE, TOP U.S. OFFICIALS ARE ACTIVELY CONSIDERING WHETHER THE U.S. SHOULD REENTER  THE TRANS-PACIFIC PARTNERSHIP TRADE DEAL. THE DEAL MAY BE DEPENDENT ON HOW CHINA REACTS TO FRESH U.S. TARIFFS.  BUT PRESIDENT TRUMP WOULD HAVE TO CHANGE HIS MIND ABOUT REENTERING TPP. WITH A TRADE WAR ESCALATING WITH CHINA JAPAN  AND OTHERS ARE ENCOURAGING THE U.S. TO  RECONSIDER. 

CROP COMMENTS
DAVID HARKER WITH THE AGDAY WEATHER TEAM IS IN THIS MORNING-- HAS TODAY'S CROP COMMENTS.  GOOD MORNING, DAVID.  <DAVID SPEAKS> GOOD MORNING CLINTON. WE GOT THIS PICTURE ON TWITTER FROM JUSTIN FASTERT. HE LIVES NEAR ROCK RAPIDS IOWA. JUST SAYS LAST WEEK, THEY SAW MORE THAN 10  INCHES OF RAIN. FIELDS ARE FLOODED AND CATTLE WERE BEING MOVED  TO HIGHER GROUND.  AND LONNIE PERRY SHARED THIS PHOTO OF HARVEST  IN NORWEST OHIO. HE SAYS CORN HARVEST IN THAT PART OF THE STATE IS OFF AND RUNNING. THE CROP IS COMING IN AT 22 PERCENT MOISTURE. TAKE A LOOK AT THE DROUGHT MONITOR AND YOU'LL NOTICE THAT SOME  AREAS OF THE UNITED STATES DO NEED MORE RAIN THAN OTHERS. FOUR  CORNERS REGION AS YOU NOTICE ON THE SCREEN IN THE EXCEPTIONAL DROUGHT AREAS THERE IN THE SOUTHEAST WHICH DON'T NEED MORE RAIN  SHOWERS COULDN'T SEE SOME IN THE NEXT WEEK. TWO MONTHS WE'LL  BE WATCHING THAT VERY CAREFULLY. THAT'S AFTER A FLORENCE HAS MADE ITS WAY THROUGH THE SOUTHEAST. WE'LL HAVE A LOOK AT THE  WEATHER FORECAST AND MORE DETAIL COMING UP BUT HERE'S A LOOK AT  

TEASE
WHEN WE COME BACK, WE'LL GET YOU STARTED ON THE WEEK AHEAD WITH A LOOK AT RECENT MARKET  ACTION FROM AGRITALK'S CHIP FLORY. PLUS MACHINERY PETE IS HERE. <0STAY TUNED FOLKS COMING UP. I'M GOING TO SHARE SOME PRETTY  SURPRISING DATA ON USE GRAIN HANDLING EQUIPMENT.>AND WE'LL VISIT THE LAND DOWN UNDER, WHERE  WILDFLOWERS ARE IN FULL BLOOM. 

FLOOR OF THE CME
IN AGRIBUSINESS THE DOW MAY BE AT RECORD LEVELS,  BUT COMMODITIES ARE SPUTTERING.  LETS SEE HOW LAST WEEK FINISHED FROM THE FLOOR  OF THE CME IN CHICAGO. SOYBEANS WERE LOWER THOSE TRADE WARS STILL HOVER OVER THE  PRICES. THE PULLBACK FROM YESTERDAY'S RALLY AND EXPORTS BEING  DOWN THE BIG CROP IS STILL ON TRADERS MIND. THAT'S REALLY PRESSURING THE MARKET A LITTLE BIT. WE HAVEN'T BROKEN THROUGH THAT  A DOLLAR MARK BUT STILL IT'S LOOKING REALLY WEAK OVERALL TODAY. YOU  KNOW THAT KIND OF LACKLUSTER TRADE THE POSITIVE THING IS THAT WE'RE  STILL HIGHER FOR THE ENTIRE WEEK FOR SOYBEANS. SO THANK GOODNESS  FOR THAT. WE'RE GOING TO WE'RE GOING TO HANG ON TO THAT ONE  POSITIVE THING. NOW CORN ROSE TODAY IT WAS UP ALMOST 4 CENTS  TODAY. EXPORTS ARE AHEAD OF LAST YEAR. THAT WAS REALLY  SOMETHING GOOD THEU.S. DOLLAR INDEX HAS ACTUALLY BEEN ITS LOWEST SINCE THE LAST MONTH. MAYBE THAT'S HELPING A LITTLE BIT TOO.  IT SEEMS THAT THE FUTURES WERE ADDING TO YESTERDAY'S GAINS. WE  HAD A 50. WE'RE AT A 50 PERCENT RECOVERY OF THEU.S. THE REPORT FROM LAST WEEK SO THAT LOOKS REALLY GOOD FOR THE CORN SIDE AND IT  LOOKS LIKE IT'S GOING TO CONTINUE TO MOVE HIGHER TODAY AND CATTLE.  THE MARKET WAS MIXED MAYBE EVEN A LITTLE BIT FIRM EVEN THOUGH IT'S BEEN EDGING LOWER ALL WEEK THE MARKET IS STILL STRONG AND STILL  HANGING ON TO THE PROFITS THE BIG RALLY THE LIMIT MOVE WE HAD LAST FRIDAY IN VIRGINIA MCGATHEY. HERE IN CHICAGO. 0 

AGRIBUSINESS
SOYBEANS NOW WITH 8'S ON THE BOARD. CAN ANYTHING DRAG PRICES HIGHER? CHIP FLORY ANSWERS THE QUESTION IN TODAY'S  ANALYSIS FROM THE ROAD. <THANKS SO MUCH. HERE NOW IS CHIP FLORY FARM JOURNAL  ECONOMIST HOST OF AGRITALK AND AGRITALK AFTER THE BELL. I KNOW LAST  WEEK CHIP THERE WERE A LOT ON MARKET HAPPENINGS TO TALK ABOUT. BUT ON THURSDAY SAW POSITIVE REACTION ON THE SOYBEAN MARKET  WAS IT CHINA WAS IT SOUTH AMERICA WHAT DROVE THAT. WELL WHEN  YOU GET A 20 CENT MOVE IN THE MARKET IT'S PROBABLY GOING TO BE CHINA DRIVEN AROUND TRADE AND THE RUMOR WAS THAT CHINA BOUGHT  BEANS FROM ARGENTINA BUT ARGENTINA DOESN'T HAVE THE MEANS TO  SHIP TO CHINA. SO ARGENTINA WAS GOING TO BUY THE BEANS FROM THEU.S. AND THEN SHIP THEM ON TO CHINA. THAT WAS THE RUMOR. IS  IT TRUE. WELL WE'VE GOT TO WAIT AND FIND OUT. IT COULD BE THAT WE DO  SEE ARGENTINA COME IN AND BUY US BEADS BUT SOMETHING HAS TO LEAD TO THAT RUMOR. RIGHT. SO THERE HAD TO BE SOME TYPE OF  HAPPENING THAT LED SOME OF THE TRADE TO BELIEVE THAT WE WERE  GOING TO SEE A MOVEMENT ON B. WELL. ACTUALLY NO THERE DOESN'T HAVE TO BE ANYTHING BEHIND IT. AND THIS IS SERIOUSLY ONE OF THOSE THINGS WHERE WE JUST HAVE TO SIT AND WAIT AND SEE IF ARGENTINA  DOES BUY BEADS. WELL WE'LL LOOK AND SEE IF ARGENTINA BUYS BEANS  THIS WEEK WE ALSO ARE WATCHING FARM BILL WE'RE ALL DOWN WATCHING NAFT NEGOTIATIONS SOME OF THE POLICY THINGS THAT ARE HAPPENING IN  WASHINGTON. IS THAT ENOUGH TO MOVE THE MARKET THIS WEEK OR REALLY DO WE NEED TO SEE SOMETHING BUDGE ON. YEAH NO I DON'T  THINK IT'S GOOD THAT THE WASHINGTON STUFF I DON'T THINK IS GOING TO  HAVE A LOT OF IMPACT ON THE MARKET FOR A WHILE. THAT'S BECAUSE  WE'RE HARVESTING A RECORD BEAN CROP HERE IN THE US. BRAZIL IS  PLANTING WHAT IS EXPECTED TO BE A RECORD BEAN CROP JUST SIMPLY BECAUSE OF THEIR INCREASE IN ACRES. SO WE'RE GOING TO BE LOOKING  AT US WHETHER WE'RE GOING TO BE LOOKING AT WHETHER DOWN IN  BRAZIL IN THE WEEK AHEAD. AND THAT'S REALLY IS WHAT'S GOING TO DRIVE THIS MARKET HERE IN THE WEEK AHEAD. ALL RIGHT. WHAT TO  WATCH THIS WEEK. CHIP FLOREANI THANK YOU SO MUCH. STAY WITH US.  WE NEED TO TAKE A QUICK BREAK AND WE'LL HAVE A CHECK OF WEATHER RIGHT HERE ON AGDAY. 

WEATHER
<LET'S TAKE A LOOK AT THE JET STREAM AND OBVIOUSLY THIS IS GOING TO  SHOW US THE UPPER LEVEL ATMOSPHERE. YOU'LL BE ABLE TO TELL WE'RE  SYSTEM AFTER SYSTEM WILL ROLL IN FROM THE BIG STORY IS GOING TO BE WHAT'S OUT TO THE WEST. NOT A LOT OF RAIN IN THE NEAR FUTURE. IN FACT  ABOVE NORMAL TEMPERATURES WHICH WE'LL SHOW YOU COMING UP IN  THE DAYS TO COME WE MOVE FROM TODAY THROUGH TUESDAY AND IT BECOMES MORE ACTIVE ESPECIALLY IN THE NORTHERN PORTION OF THE  UNITED STATES. I DO EXPECT TO SEE MORE MOISTURE COMING IT WILL  COME TO THE SOUTHEAST AND EASTERN COAST WHICH UNFORTUNATELY DON'T NEED IT. THAT'S AS WE LOOK TO THE NEXT SEVEN TO 10 AND EVEN UPWARDS OF 30 DAYS. WE BECOME MORE ZONAL ESPECIALLY ACROSS  THE PLAINS STATES AND YOU'LL NOTICE THAT BIG RIDGE BUILDING OUT IN  THE WESTERN PLAINS STATES THAT MEANS DRY CONDITIONS AND DROUGHT CONTINUE AND THIS WILL BE LATER ON THIS WEEK. SO LET'S GET  INTO OUR FORECAST AND TALK ABOUT TEMPERATURES THIS WEEK ABOVE  NORMAL ON THE EASTERN COASTLINE ALL THE WAY UP INTO THE NORTHEAST STRETCHING DOWN TO THE FLORIDA PANHANDLE AS WELL AS  EXTREME EASTERN TEXAS. WE'VE GOT THIS BIG SWATH OF BELOW  NORMAL TEMPERATURES COMING THROUGH THE NORTHERN PLAINS STATES THE MIDWEST STRETCHING ALL THE WAY DOWN THROUGH CENTRAL TEXAS  AND THEN BACK OUT IN THE FOUR CORNERS REGION TOWARD CALIFORNIA  THE WESTERN COAST ABOVE NORMAL TEMPERATURE WISE. AND THAT'S WHEN WE START TALKING PRECIPITATION QUITE A BIT OF THE UNITED  STATES ABOVE NORMAL ON THAT SIDE OF THINGS. BASICALLY EVERYBODY  EAST OF THE MISSISSIPPI RIVER WILL SEE ABOVE NORMAL PRECIPITATION  WHILE THE DROUGHT CONTINUES IN THE FOUR CORNERS REGION AND THE  BELOW NORMAL PRECEPT WILL HANG AROUND IN THE NORTH WEST. WE'VE  TRANSITIONED. TAKE A LOOK 30 DAYS OUT. YOU'LL SEE THAT SMALL BULL'S  EYE THERE IN THE CENTRAL PORTION OF THE UNITED STATES INCLUDING NEBRASKA KANSAS AS WELL AS IOWA AND MISSOURI. THIS IS BELOW  NORMAL WHEN WE TALK. TEMPERATURES EQUAL CHANCES ARE MORE  NORMAL TEMPERATURES IN THE GREAT LAKES THE UPPER PLAINS STATES DOWN IN TEXAS. AND YOU NOTICE IN RED THE ABOVE NORMAL  TEMPERATURES REMAIN OUT WEST. THE MOISTURE CONTINUES TO ROLL IN  30 DAYS OUT AND ESPECIALLY DOWN SOUTH IN AREAS OF TEXAS AS WELL AS THE SOUTHEAST ABOVE NORMAL RAINFALL SOMETHING THAT WE DON'T  NEED. SOMETHING THAT WE'VE SEEN TOO MUCH OF WITH ALL THE  FLOODING THAT'S OCCURRED FROM WHAT WAS FLORIAN'S HURRICANE FLORENCE THAT MOVED IN BIT AGO. YOU NOTICE THE BELOW NORMAL  PRECIPITATION CONTINUES TO SIT OUT IN THE NORTHWEST. THIS WILL BE  SOMETHING THAT BECOMES MORE COMMON AS WE EVEN LOOK TO THE DAYS TO COME AND WEEKS TO COME. FOR THAT MATTER SO BE  PREPARED FOR THOSE TYPE OF CONDITIONS. I DO WANT TO TALK ABOUT  WHAT YOU CAN EXPECT ACROSS THE ENTIREU.S. IN TERMS OF THREE DIFFERENT CITIES. SO LET'S GET RIGHT TO IT. TAKE A LOOK AT RIVERDALE  CALIFORNIA SUNNY WARMER AND 89 DEGREES LOWER 54. LET'S MOVE  TO MINNESOTA BENSON MINNESOTA TO BE EXACT 69 WITH SHOWERS  AND STORMS AND DOWN INTO THE SOUTH EAST MACON GEORGIA 87  WITH STORMS. 0> 

TEASE
WHEN WE COME BACK, WE'LL TALK HARVEST EQUIPMENT AND RECENT AUCTION PRICES. AND LATER, THE AUSTRALIAN COUNTRYSIDE IS BATHED  IN WILDFLOWERS. TAKE A TOUR TODAY ON IN THE COUNTRY. 

MACHINERY PETE
MACHINERY PETE KNOWS IT'S HARVEST TIME ACROSS THE MIDWEST. TODAY HE SHARES SOME RECENT HARVEST EQUIPMENT  PRICES AS THE GRAIN ROLLS IN. <ALL RIGHT. NOW IF YOU WOULD THINK RIGHT BEFORE HARVEST THAT USE  GRAIN HANDLING EQUIPMENT WOULD BE RED HOT. BUT IT'S INTERESTING.  OVER MY ALMOST 29 YEARS OF COMPILING AUCTION SALE PRICES IT HISTORICALLY HAS NOT BEEN THE CASE. AUGUST AND SEPTEMBER. KIND  OF A SOFTER PERIOD FOR PRICING. YOU KNOW WE AREN'T SURE WHERE  YIELDS ARE GOING TO COME OUT A LITTLE BIT OF BACK OFF THERE. BUT I TELL  YOU WHAT. IN 2018 THAT'S NOT THE CASE WITH YOU GRAIN HANDLING  EQUIPMENT EQUIPMENT'S PROBABLY THE HOTTEST CATEGORY I SEE RIGHT NOW. NOW HERE ARE SOME EXAMPLES FOR YOU ON A FARM AUCTION A  WEEK AGO FRIDAY IN NORTHEAST SOUTH DAKOTA. THIS 2014 WEST  FIELDM.K. X 161 25 ARGUER MONSTER 125 FOOT BY 16 INCH. THIS  THING SOLD FOR FIFTY THOUSAND DOLLARS AND THAT'S THE HIGHEST AUCTION  PRICE I'VE EVER SEEN ON AN AUGER. NOW LAST TUESDAY ON A FARM  AUCTION UP IN WEST CENTRAL MICHIGAN THEY HAD FIVE BRENT 744 GRAVITY WAGONS. NOW THREE OF THEM WENT FOR FOURTEEN THOUSAND  FIVE HUNDRED DOLLARS AND THE OTHER TWO WENT FOR 13 750 AND 13  AND A QUARTER. NOW FOLKS FOURTEEN THOUSAND FIVE HUNDRED ON BRENT 744 HIGHEST AUCTION PRICE IN FOUR YEARS AND I'M SEEING THE  SAME THING WITH GOOD CONDITION GRAIN TRAILERS. AND THIS GOES BACK A LITTLE FARTHER INTO AUGUST. NOW HERE'S A PICTURE OF A 2011  TYMPANI 42 FOOT GRAIN TRAILER THAT SOLD AUGUST 4TH ON A SUPER NICE FARM AUCTION AT EAST CENTRAL NEBRASKA AND ABROAD. THIRTY  THOUSAND DOLLARS AND AGAIN FOR THIRTY THOUSAND DOLLARS ON A  SEVEN YEAR OLD GRAIN TRAILER THAT'S PRETTY STRONG STUFF. > 

TEASE
THE COLORFUL SIGNS OF THE SEASON ARE BLOOMING IN AUSTRALIA. WE'LL TAKE A TRIP TO THE OUTBACK, NEXT. 

IN THE COUNTRY
IT'S BEEN A MIXED PLACES HAVE WITNESSED EPIC DROUGHT...IN WESTERN AUSTRALIA, WILDFLOWER  SEASON HAS ARRIVED EARLY.YEAR FOR AUSTRALIA. WHILE SOME  THE STATE'S MID WEST IS ABLOOM WITH CARPETS OF  COLOR IN WHAT'S BEEN DESCRIBED AS ONE OF THE  BEST DISPLAYS IN A DECADE. EXPERTS SAYS WINTER RAINFALL DELIVERED IDEAL  CONDITIONS FOR A STUNNING WILDFLOWER  SPECTACLE.  NATIVE FLOWERS ARE WIDESPREAD, IN THE NORTH OF  WESTERN AUSTRALIA TO THE WHEATBELT REGION  FURTHER SOUTH.  IT'S A STARK CONTRAST TO PATCHY AND DRY  CONDITIONS SEEN IN RECENT YEARS.  GLENDA BLYTHE, WILDFLOWER ENTHUSIAST: "THIS YEAR HAS GOT TO BE ONE OF THE BEST, ONE OF THE BEST YEARS I  HAVE SEEN IN A DOZEN YEARS." "IT'S BEEN A LONG TIME SINCE WE HAVE SEEN THE CARPETS OF FLOWERS  AROUND, AND WE CAN PUT THAT DOWN TO GOOD RAINS AND THEN GOOD  CONTINUING RAINS."  ROB WILSON, TOURIST: "WELL, WE DIDN'T REALLY KNOW WHAT TO EXPECT, BECAUSE OVER IN  QUEENSLAND WE HAVEN'T GOT A LOT OF WILDFLOWERS. AND WE KNEW  THERE'D BE A LOT, BUT WE DIDN'T QUITE KNOW HOW MANY AND HOW BIG  A VARIETY, AND WE WERE SHOCKED." KAREN CHAPPEL, MORAWA SHIRE PRESIDENT: "THE STREETS ARE LINED WITH CARAVANS ON A DAILY BASIS, A LOT STAY,  A LOT DRIVE THROUGH, BUT IT'S GREAT THEY STOP. THEY BUY LUNCH, THEY  FILL THEIR CARAVAN FRIDGES UP FROM THE LOCAL GROCERS AND THEY STOP  AND HAVE A CUP OF COFFEE." FOR SOME OF THESE QUIET TOWNS ITS BEEN A  WELCOME CASH INJECTION. AND THE WILDFLOWERS ARE EXPECTED TO HANG  AROUND FOR AT LEAST THE NEXT FEW MONTHS. 

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

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