AgDay Daily Recap -December 27, 2016

July 29, 2016 02:57 AM
 
AgDay

TODAY ON AGDAY
DECEMBER 27, 2016


HEADLINES
COMING UP TODAY ON AGDAY - THE U.S. TAKES ON THE E-U OVER IT'S LACK OF  ACESS FOR U.S. BEEF. PLUS, NEW INVENTORY NUMBERS FOR HOG AND PIGS. IN  AGRIBUSINESS...CAN THOSE HOG FUTURES HOLD? LEAN HOGS HAVE ABSOLUETLY A CONVERSATION POINT THE LAST TWO THREE WEEKS.MACHINERY PETE CAN TELL YOU WHAT IT COSTS TO DRIVE A ONE HORSE OPEN  SLEIGH. AND BOTTLING UP HISTORY IN THE DAIRY STATE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

US TAKING A STAND ON EU BEEF BAN
GOOD MORNING I'M CLINTON GRIFFITHS. AS THE OBAMA ADMINISTRATION STARTS  TO WIND-DOWN ITS TENURE IN WASHINGTON, IT'S TAKING-UP A FIGHT ON BEHALF  OF U-S BEEF PRODUCERS. THE U-S TRADE REPRESENTATIVES OFFICE ANNOUNCING IT WILL TAKE A NEW  SHOT AGAINST THE EUROPEAN UNION'S BAN ON HORMONE USE IN AMERICAN  BEEF. THE WORLD TRADE ORGANIZATION SAYS THE DECADES-OLD BAN ON BEEF  IMPORTS IS NOT SCIENCE BASED AND VIOLATES ITS INTERNATIONAL TRADE  OBLIGATIONS. THE ISSUE DATES BACK TO THE LATE  1980'S WHEN EUROPE BANNED U-S BEEF  THAT CAME FROM CATTLE TREATED WITH GROWTH HORMONES. THEN IN 1998 THE E-U LOST THEIR CASE AT THE WTO.  IN 2009, THE U-S NEGOTIATED A DEAL TO ALLOW SOME MARKET ACCESS FOR  SPECIFIC BEEF THAT MET E-U STANDARDS. BUT THE U-S SAYS THE AGREEMENT HAS NOT WORKED AS INTENDED. THE EUROPEAN COMMISSION SAID THE ISSUE WOULD BE RESOLVED THROUGH  THE TRADE DEAL KNOWN AS "T-TIP". BUT AS WE'VE REPORTED EXTENSIVELY,  THAT TRADE DEAL HAS GONE UN-FINISHED.  SO THE U-S TRADE REP SAYS IT WILL RE-LAUNCH THE FIGHT....INCLUDING  POSSIBLE TARIFFS ON EUROPEAN GOODS. HORMONES HAVE BEEN USED IN BEEF PRODUCTION SINCE THE 1950S. THEY ARE WIDELY USED IN OVER 20 COUNTRIES. IT'S ESTIMATED 90% OF THE FED CATTLE IN  THE U.S. RECEIVE A GROWTH HORMONE.  DROVERS EDITORIAL DIRECTOR GREG HENDERSON EXPLAINS THEIR USE. "IT IS TRUE THAT BEEF FROM HORMONE IMPLANTED CATTLE HAS INCREASED  ESTROGENIC ACTIVITY COMPARED WITH NON-IMPLANTED BEEF. BUT WE  MEASURE THOSE HORMONES IN NANOGRAMS. BEEF FROM A NON-IMPLANTED  STEER HAS LESS THAN ONE NANOGRAM OF ESTROGEN, WHILE BEEF FROM AN  IMPLANTED STEER HAS ABOUT 2 NANOGRAMS. IS THAT SIGNIFICANT? WELL,  SCIENTISTS SAY IT AMOUNTS TO ABOUT ONE BLADE OF GRASS IN A FOOTBALL  FIELD. COMPARE THAT 2 NANOGRAMS OF BEEF FROM AN IMPLANTED STEER WITH  THE SAME QUANTITY OF EGGS AND WE FIND THE EGGS CONTAIN 94 GRAMS OF  ESTROGEN. A 3 OZ SERVING OF TOFU CONTAINS ABOUT 19 MILLION NANOGRAMS  OF ESTROGEN. THOSE NUMBERS ARE WHY CANADA AND THE UNITED STATES BELIEVE THE  EUROPEAN BEEF BAN IS NOT ABOUT A VALID HEALTH OR SAFETY CONCERN, BUT  MORE ABOUT POLITICS AND MARKET ACCESS."> THE TRADE REP SAYS IF THE TRADE ACTION RESUMES, THE UNITED STATES WOULD REINSTATE  INDUSTRY-SUPPORTED TARIFFS ON A LIST OF EU PRODUCTS IMPORTED INTO THE UNITED STATES. THE AMERICAN FARM BUREAU FEDERATION SAYS IT APPLAUDS THE U-S TRADE  REP FOR HOLDING TRADING PARTNERS ACCOUNTABLE. AND SAYS  "ENFORCEMENT OF TRADE AGREEMENTS IS CRUCIAL TO MAINTAINING MARKET  ACCESS."

INDONESIA TRADE
MEANWHILE U-S AGRICULTURE SCORED A "WIN' AGAINST INDONESIA AND ITS  WIDE-RANGING RESTRICTIONS ON NUMEROUS U-S AG PRODUCTS. THE W-T-O RULED IN FAVOR OF THE UNITED STATES IN ITS TRADE ENFORCEMENT  CHALLENGE AGAINST INDONESIA.   THE U-S TRADE REPRESENTATIVE SAYS THE WTO RULING WILL ELIMINATED  UNJUSTIFIED TRADE RESTRICTIONS ON MANY AMERICAN FRUITS AND VEGETABLES AND SOME ANIMAL PRODUCTS. FOR INSTANCE THE U-S TRADE REP SAYS IMPORTED BEEF COULD ONLY BE SOLD  IN RESTAURANTS AND HOTELS BUT NOT IN SUPERMARKETS. INDONESIA IS THE FOURTH MOST POPULOUS COUNTRY IN THE WORLD.

WHITE HOUSE NATIONAL TRADE COUNCIL
STILL ON TRADE - PRESIDENT-ELECT TRUMP AND HIS TEAM HAVE CREATED A NEW  OFFICE IN HIS ADMINISTRATION TO FOCUS ON TRADE IN THE INDUSTRIAL SECTOR.THE JUST-FORMED 'WHITE HOUSE NATIONAL TRADE COUNCIL' WILL BE  RESPONSIBLE FOR POLICIES TO PROMOTE DOMESTIC MANUFACTURING. THE HEAD OF THE NEW OFFICE IS PETER NAVARRO. NAVARRO IS A CRITIC OF  CHINA'S TRADE POLICIES.  IN ONE BOOK THAT HE AUTHORED, NAVARRO SAID WHEN CHINA WAS ALLOWED TO  JOIN THE WORLD TRADE ORGANIZATION, IT CUT AMERICA'S ECONOMIC GROWTH  IN HALF. HE'S A HARVARD-TRAINED ECONOMIST, BUT RIGHT NOW HE'S A PROFESSOR AT  THE UNIVERSITY OF CALIFORNIA AT IRVINE. JUST

CATTLE ON FEED
BEFORE THE HOLIDAY WEEKEND, THE AG DEPARTMENT RELEASING ITS  MONTHLY CATTLE ON FEED REPORT. IT SHOWS THE INVENTORY SLIPPED ONE  PERCENT FROM A YEAR AGO, COMING IN AT TEN-POINT-SEVEN MILLION HEAD. PLACEMENTS IN FEEDLOTS DURING NOVEMBER TOTALED ONE-POINT EIGHT  MILLION HEAD, THAT'S 15 PERCENT ABOVE 2015.  MARKETINGS OF FED CATTLE DURING NOVEMBER ALSO TOTALLING ONE-POINT- EIGHT MILLION HEAD, 17-PERCENT ABOVE LAST YEAR. IN THE CATTLE MARKET, THE LATEST STERLING BEEF PROFIT TRACKER, SHOWING  FEEDERS AVERAGING 68 DOLLARS PER HEAD PROFITS. ALMOST DOUBLE LAST WEEK. THAT'S THE FOURTH CONSECUTIVE WEEK OF POSITIVE MARGINS FOR CATTLE  FEEDERS. A YEAR AGO FEEDLOTS WERE LOSING NEARLY 600 DOLLARS PER HEAD. THE FIVE AREA CASH PRICE TOPPED 111- PER HUNDRED LAST WEEK.

HOGS AND PIGS REPORT
THE AG DEPARTMENT ALSO UPDATING THE HOG INVENTORY IN THE U-S. IT NOW SITS AT 71-AND-A HALF MILLION HEAD. THAT'S UP FOUR PERCENT FROM A  YEAR AGO. WE ALSO SAW A FOUR PERCENT CLIMB IN THE NUMBER OF MARKET-READY HOGS  AT 65F MILLION.  AND A ONE PERCENT CLIMB IN BREEDING INVENTORY TO SIX  MILLION.THE HOG MARKET HAS BEEN OUTPERFORMING EXPECTIONS, SURPRISING  TRADERS ON HOW THE FUTURES MARKET HAS RALLIED. "YOU'RE GOING TO NEED SOMETHING FRIENDLY I THINK TO CONTINUE THIS  RALLY. THE PHRASE WE OFTEN USE IS YOU GOTTA FEED THE BULL IN A BULL  MARKET LIKE WE HAVE HERE. IF YOU DON'T GET A NEUTRAL TO SLIGHTLY  FRIENDLY NUMBER YOU COULD SEE A REVERSION BACK TO LOWER PRICES VERY  VERY QUICKLY."LOOKING DOWN THE ROAD, THERE'S A BIG CROP OF PIGS. THIS QUARTER THE PIG CROP IS JUST OVER 32 MILLION HEAD. AND AVERAGE NUMBER OF PIGS SAVED PER LITTER HIT A RECORD HIGH OF TEN- POINT-SIX.

CROP COMMENTS
MIKE HOFFMAN TAKING A LOOK AT THE NATION'S FARM COUNTRY THIS LAST WEEK  OF 2016.HE HAS TODAY'S CROP COMMENTS. GOOD MORNING CLINTON.  THE DROUGHT IN CALIFORNIA SEEING SOME MUCH NEEDED RELIEF THROUGH  THE AUTUMN MONTHS. USDA METEOROLOGIST BRAD RIPPEY SAYS SO FAR IT'S BEEN RAINY BUT SNOW  PACK ISN'T BIG AS IT COULD BE. HE SAYS IN THE KEY WATERSHED AREAS PRECIPITATION IS 160 TO 200 PERCENT  OF NORMAL. BUT SNOW PACK ONLY RANGES FROM 2/3RD TO 4/5TH OF NORMAL DEPENDING  ON THE BASIN.  AND THE LATEST DROUGHT MONITOR SHOWING -- DRY CONDITIONS SPREADING  ACROSS FLORIDA.  WITH ABNORMALLY DRY CONDITIONS JUMPING UP 50 POINTS IN A WEEK,  COVERING 90 PERCENT OF THE STATE.  THE BRIGHT SPOT IS KENTUCKY, SEVERE DROUGHT, OR D-2, DISAPPEARING THIS  WEEK IMPROVING 55 POINTS.AND THE LATEST DROUGHT MONITOR SHOWING DRY CONDITIONS ACROSS FLORIDA WITH ABNOMALLY JUMPING UP 50 POINTS IN A WEEK COVERING 90% OF THE STATE THE BRIGHT SPOT IS KENTUCKY SEVERE DROUGHT OR D2 DIS APPEARING THIS WEEK IMPROVING BY 55 POINTS WE’LL CHECK OUT YOUR FORECAST FOR THE COMING WEEK COMING UP BUT NOW HERE ARE SOME HOMETOWN TEMPS

TEASE
HERE'S THE SECRET TO SELLING OLD EQUIPMENT. PETE'S PICK OF THE WEEK LETS YOU EASILY VIEW  CURRENT MARKET PRICES. JUST TEXT PETE TO 31313 TO GET STARTED!  WHEN WE COME BACK WE'LL TALK HOG MARKETS AND THE POTENTIAL FOR THIS  RECENT RALLY TO CONTINUE. AND MACHINERY PETE USUALLY TALKS ABOUT FARM EQUIPMENT WITH A LOT OF  HORSE-POWER. BUT IN THIS CASE HE'S TALKING ABOUT A ONE-HORSE OPEN  SLEIGH. AND WE VISIT A WISCONSIN DAIRY PRODUCER WHO LOOKS TO THE FUTURE, BY  REMEMBERING THE PAST THROUGH HIS UNIQUE COLLECTION. AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING.  FARMER-FIRST, WITH A PLAN FOR EVERY  MARKET.

FLOOR OF THE CME
IN AGRIBUSINESS THE MARKETS WERE CLOSED MONDAY.  LETS RECAP THE LAST FULL DAY OF TRADE--LAST FRIDAY--FOR THAT WE HEAD TO  THE FLOOR OF THE CME IN CHICAGO. WE HAD RIGHTFULLY QUIETER SESSION ON THE LAST DAY BEFORE THE HOLIDAY WITH THE GRAIN MARKET HAD A TWELVE O'CLOCK OR I SHOULD SAY A ONE OCLOCK NEW YORK TIMES GET OUT HERE SO THAT THE PEOPLE THAT WERE HERE WERE STILL ANXIOUS TO LEAVE. SO WE DIDN'T SEE A TON OF MOVEMENT. BUT I GUESS THE CONTRACT THAT MOVED THE MOST TODAY WAS THE SOYBEAN MARKET. AND THOUGH WE WERE LOOKING BETTER ON THE OPEN WE ENDED UP FINISHING LOWER. AND IT 'S JUST ONE MOST THINGS THAT WE WE GOTTA KEEP FEEDING THE BULL EVERY DAY. WE'VE GONE THROUGH THAT SIGNIFICANT TEN DOLLAR LEVEL I THINK THAT WAS SIGNIFICANT. ONCE WE BROKE THROUGH THERE I THINK WE PROBABLY SAW A LITTLE MORE SELLING. THOSE THAT CAN'T HOLD ONTO THOSE POSITIONS OR DON'T HAVE THE STAYING POWER WERE I THINK KINDA ONE OF THOSE TRADERS THAT SOLD AND WENT THRU THAT TEN DOLLAR LEVEL AND GAVE UP THE GHOST FOR THE HOLIDAY WEEKEND. SO WE DID HAVE SOME HOLIDAY POSITIONING OR HOLIDAY LOST TAKING, I SUPPOSE YOU COULD SAY, BEFORE THE LONG WEEKENDS. WE'LL SEE IF WE CAN COME BACK FROM VACATION AND GET GET THAT MARKET GOING AGAIN. UNTIL THAT I'M STILL SCOTT SHELLADY HERE IN CHICAGO ON THE CME GROUP FLOOR.

AGRIBUSINESS
CRAIG VANDYKE TOP THIRD AG MARKETING OUR GUEST AT THE AGRIBUSINESS TODAY. CRAIG LET'S ABOUT  THAT LEAN HOG MARKET HAS JUST BEEN ON A ROLL HERE LATELY. LEAN HOGS HAVE ABSOLUTELY BEEN A  CONVERSATION POINT THE LAST TWO OR THREE WEEKS HERE. WHAT'S THE CATALYST THERE? YOU KNOW WE  WE'VE GOT A FEW DIFFERENT THINGS GOING ON. YOU KNOW OVER THE PAST THREE FOUR WEEKS, WE'VE  SEEN OPEN INTEREST DECLINED SIGNIFICANTLY DOWN THIRTY FORTY THOUSAND CONTRACTS. WE'RE ACTUALLY  HEADED NEAR ABOUT TWO YEAR LOWS IN OPEN INTEREST POTENTIALLY. SO SOME SHORT COVERING THERE  AFTER WE SAW IN A MULTIYEAR LOW PRICES BACK THERE IN OCTOBER. I THINK I THINK I KNOW IS WHAT THE  MARKET WAS TELLING US THAT AND WHAT IS IT TELLING US NOW. WE SAW THAT THE LOWS IN OCTOBER WE  SAW THE DECEMBER JUNE SPREAD GET HISTORICALLY WIDE. AND OFTEN TIMES TO SEE THE SPREAD 'S GET  E EXTREME LEVELS WHEN MARKETS FINDING TOP BOTTOM AND NOW RECENTLY THIS WEEK, WE'VE SEEN  THE FEB JUNE SPREAD CAN BLOW OUT ON MONDAY. AND THAT THAT TO ME IS SAYING YOU KNOW MAYBE  IT 'S TIME TO BE A LITTLE CAUTIOUS ESPECIALLY AROUND CONTRACT HIGHS. BUT YOU KNOW WHAT 'S BEHIND  THE DRIVE, RIGHT? WE'VE GOT POTENTIALLY MAYBE BIRD FLU WHERE ISSUES IN ASIA AND FRANCE WHICH  MIGHT BE DRIVING MORE PORK IN THAT DIRECTION. ESPECIALLY AT COMPETITIVE PRICES. SO WHAT WITH  THE BIRD FLU GOING ON YOU KNOW THERE 'S NO SURPRISE THE AMPLE SUPPLY IN THE US. AT THE SAME  TOKEN THIS DEMAND HAS STARRED PICK UP. CASH IS START TO PICK UP WIRE PACKERS YOU KNOW KILLING  MORE. AND IF WE GETS MORE PLANTS ONLINE I THINK YOU'RE GONNA FIND A PRICE BE A LITTLE BIT WELL  SUPPORTED. BUT THE ISSUE IS IS WE'VE GOT AMPLE SUPPLY YES PACKERS MARGINS ARE PHENOMENAL,  BUT WE'VE NEEDED THIS TO ME AND THOSE THAT WE'VE GOTTEN OVER THE PAST TWO WEEKS. AND IT 'S  BEEN A PERFECT STORM WITH THAT, THE DEMAND BOOSTS, AS WELL IS THAT THE SHORTS THAT HAVE BEEN  COVERING IN THE END OF THE YEAR. SO I EXPECT VOLATILITY HERE. BUT I WOULD I WOULD SAY THERE 'S A  LOT OF CAUTION RIGHT NOW WITH WHAT WERE SEEING IN THE SPREADS THAT THE FUTURES MARKET IS  SAYING YOU KNOW WHAT WE MIGHT HEADED FOR THE TURN BACK LOWER NOW AND I THINK EARLY IN THIS  WEEK WELL WE'VE SEEN SO FAR WILL SOME PEOPLE TIE ON BUT IT 'S BEEN INSISTING. APPRECIATE IT  CRAIG. WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE.  FOR A SPECIAL REPORT ON THE GRAIN MARKETS CALL TOLL FREE AT 877-TT- HEDGE OR 877-884-3343. 

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY ILEVO SEED TREATMENT FROM BAYER.   WELCOME BACK TO AGDAY WITH METEORLOGIST MIKE HOFFMAN MIKE AS WE LOOK AT RAINFALL OVER THE PAST WEEK YOU CAN SEE THERE 'S NOT BEEN A TON BUT THERE'S BEEN SOME IN PLACES HAVE BEEN AND WE TALKED ABOUT KENTUCKY EARLIER AND THAT'S ONE OF THE SPOT AS YOU CAN SEE HAVE GOTTEN SOME DECENT AMOUNTS AND AS WE ZOOM IN HERE YOU CAN ALSO SEE THE PANHANDLE OF FLORIDA SOUTHERN MISSISSIPPI AND ALABAMA GOT A LITTLE BIT OF A DECENT RAINS AS WELL IT'S BASICALLY KENTUCKY SOUTHERN OHIO AND WESTERN PORTIONS OF WEST VIRGINIA THE HIGHER AMOUNTS THIS WEEK BUT LIKE CLINTON SAID THEY WERE REAL HIGH. LET 'S CHECK OUT THE JET STREAM AS WE START THIS WEEK THE REMNANTS OF THAT BIG STORM THAT CAME THROUGH ALL THE NORTHERN PLAINS AND GREAT LAKES OVER THE PAST COUPLE OF DAYS NOW MOVING OFF TO THE NORTHEAST YOU CAN SEE THAT TROUGH THERE CUT OFF TROUGH IN THE SOUTHWESTERN PORTIONS OF THE COUNTRY BUT ACTUALLY ARE OUT IN THE PACIFIC SO ITS NOT REALLY AFFECTING TOO MUCH AND BECAUSE OF THAT THIS IS KIND OF THROWING A MONKEY WRENCH INTO A WHAT APPEARED TO BE A TROUGH DIGING IN OUT WEST AND A RIDGE IN THE EAST CAUSE WATCH WHAT HAPPENS ON THE LATEST COMPUTER MONITORS AS FAR AS WEDNESDAY IS CONCERNED THE TROUGH DIGS INTO THE GREAT LAKES AND NORTHEAST AND LOOK AT THIS THIS WILL BE ANOTHER ARCTIC SHOT OF COLD AIR COMING FOR AROUND THE NEW YEAR 'S INTO THE NORTHERN PLAINS AND EVENTUALLY THE THE GREAT LAKES OHIO VALLEY IN THE NORTHEAST THAT 'S A COMPLETE FLIP FLOP FROM WHAT THE MODELS WERE SAYING SO THAT'S JUST SOMETHING WE HAVE TO WATCH AS WE HEAD THROUGH THE REST OF THIS WEEK AND INTO THE FIRST OF NEXT YEAR SO LET 'S CHECK A LOOK AT THE WEEK LONG TEMPERATURES WE ARE GOING ABOVE NORMAL FOR THE A MID ATLANTIC OVER TOWARD KANSAS SOUTHWARD THROUGH KENTUCKY AND FLORIDA BELOW NORMAL FOR THE NORTHERN PLAINS AND THE NORTHERN HALF OF THE ROCKIES AS FAR AS PRECIPITATION FOR THIS COMING WEEK THEN CENTRAL MISSISSIPPI VALLEY PROBABLY ABOVE NORMAL MUCH OF THE SOUTHEAST WHICH WOULD BE SOME MORE GOOD NEWS THERE ON UP THROUGH THE NORTHEAST EASTERN GREAT LAKES BELOW NORMAL FROM NEBRASKA DOWN INTO A TEXAS INTO SOUTHERN CALIFORNIA AND ABOVE NORMAL FOR THE NORTHERN ROCKIES PACIFIC NORTHWEST THIRTY DAY OUTLOOK FOR TEMPERATURES DESPITE WHAT I JUST SAW ON THE COMPUTER MODELS THERE I THINK THAT'LL BE A COME AND GO QUICK A QUICK SHOT OF ARCTIC AIR WE'RE NOW GOING ABOVE NORMAL FOR THE EASTERN THIRD OF THE COUNTRY FOR THE NEXT THIRTY DAYS ABOVE NORMAL FOR MUCH OF MEXICO AND BELOW NORMAL NORTHWESTERN PLAINS NORTHERN TWO THIRDS OF THE ROCKIES AND THE NORTHWESTERN COAST THIRTY DAY OUTLOOK FOR PRECIPITATION MAINLY NORMAL OUT WEST NORMAL IN THE NORTHEAST BUT FOR THE GREAT LAKES DOWN INTO KANSAS AND MISSOURI AND GOING ABOVE NORMAL AND FROM A LOUISIANA TO A SOUTH CAROLINA INCLUDING FLORIDA BELOW NORMAL IN THOSE AREAS. THAT 'S A LOOK ACROSS THE COUNTRY NOW LET 'S TAKE A LOOK AT SOME LOCAL FORECASTS FIRST OF ALL FOR SALT LAKE CITY UTAH A MIXTURE OF SUNSHINE AND CLOUDS AND A HIGH TEMPERATURE OF TWENTY EIGHT DEGREES MCPHERSON KANSAS A GOOD DEAL OF SUNSHINE RATHER MILD HIGH AROUND FIFTY AND FINALLY GAINESVILLE FLORIDA A VARIABLY CLOUDY MAYBE A SHOWER IN SPOTS HIGH EIGHTY ONE THANKS MIKE.

TEASE
STILL TO COME - WE FIND OUT HOW AGRICULTURAL HISTORY CAN BE FOUND  INSIDE A GLASS BOTTLE. DETAILS AS WE HEAD IN THE COUNTRY. AND WITH SNOW ON THE GROUND AND A CHRISTMAS SONG IN HIS HEART,  MACHINERY PETE IS THINKING ABOUT SLEIGH RIDES. . .AND THE DEALS TO BE  FOUND.   LEARN HOW TO TRADE COMMODTIES FROM THE PROFESSIONALS AT BOWER TRADING.  CALL  800-533-8045.

MACHINERY PETE
SURE IT'S PAST CHRISTMAS...BUT THERE'S STILL PLENTY OF WINTER AHEAD. THAT  MEANS OPPORTUNITIES FOR A RIDE IN A "ONE HORSE OPEN SLEIGH". AND WOULDN'T YOU KNOW IT, MACHINERY PETE KNOWS WHERE SOME OF THE  BEST DEALS ARE. NOW SANTA IF YOU EVER NEED A REPLACEMENT SLEIGH, IF THE ELVES ARE HAVING TROUBLE, GIVE ME A CALL. COME DOWN TO MACHINERYPETE.COM BECAUSE FOR 27 YEARS I'VE BEEN TRACKING AUCTION PRICES ON HORSE DRAWN EQUIPMENT. HORSE DRAWN, REINDEER DRAWN, I THINK IT'S PRETTY CLOSE. HERE'S A COUPLE OF EXAMPLE OF SLEIGHS I SAW SOLD AT AUCTION THIS YEAR. THESE TWO WERE ON SALE JULY SECOND IN EASTERN WISCONSIN. HERE'S A PIC OF A NICE REDBOB SLED. IT SOLD FOR 375 BUCKS. NOW SANTA I DON'T KNOW IF IT'S STURDY ENOUGH GIVEN YOUR BIG BAG OF TOYS. NOW THERE WAS ANOTHER AT THE SAME AUCTION. HERE'S A PIC. IT WENT FOR 450 DOLLARS VERY NICE CONDITION. BUT AGAIN WITH A BIG BAG OF TOYS. AND IF MRS CLAUS WANTS TO GO ALONG IT'S ONLY A TWO SEATER SLEIGH. I'M NOT SURE IT'LL WORK..BUT IN TERMS OF TOYS, IF YOU NEED HELP THERE SANTA, I'LL TELL YOU WHAT  I'VE SEEN SOME INTERESTING THINGS SOLD AT AUCTION THE LAST 27 YEARS. I'VE SEEN A HOT TUB, A HELICOPTER, AN AIRPLANES. AND IF YOU NEED HELP ON THE NAUGHTY LIST, I'VE EVEN SEEN OUTHOUSES SOLD AT AUCTION. I'LL TELL YOU WHAT FOLKS, ONE LUCKY LITTLE BOY OR GIRL IN SOUTH DAKOTA GOT AN EARLY CHRISTMAS PRESENT LAST WEEK. THIS 1989 JOHN DEERE 4055 TWO WHEEL DRIVE ONLY 215 ACTUAL HOURS ON IT, SOLD ON A FARM AUCTION IN EASTERN NEBRASKA DECEMBER 18TH BROUGHT $93 THOUSAND RECORD HIGH AUCTION PRICE. THAT LITTLE BOY OR GIRL IN SOUTH DAKOTA MUST HAVE BEEN VERY VERY GOOD THIS YEAR STILL TO COME MEET A WISCONSIN DAIRY PRODUCER WHO HAS A BUNCH OF  AGRICULTURAL HISTORY ALL "BOTTLED-UP" INSIDE HIS ON-FARM MUSEUM.

IN THE COUNTRY
FOR THE YOUNGSTERS OUT THERE, THERE WAS A TIME WHEN MILK CAME IN A  GLASS BOTTLE. EACH DAIRY HAD ITS OWN UNIQUE SHAPE AND LOGO ON THE  CONTAINER.  THESE DAYS THOSE BOTTLES ARE A COLLECTORS ITEM. IN THIS  VIDEO FROM THE WISCONSIN MILK MARKETING BOARD, WE HEAR FROM THE  LARSON FAMILY OF EVANSILLE, WISCONSIN ABOUT THE STORIES "BOTTLED UP  INSIDE". A FEW YEARS AGO, ED LARSON WAS LAID UP WITH A BACK INJURY. TO PASS TIME WHILE HEALING, HE  STARTED SEARCHING ON E-BAY FOR A GLASS MILK BOTTLE FROM HIS FAMILY'S FIRST FARM. "THEN I STARTED FINDING SOME EVANSVILLE BOTTLES, THEN I STARTED ROCK COUNTY, SOUTHERN  WISCONSIN, BUT THEN IT GOT TO BE WHERE I WAS BUYING ANY BOTTLE FROM THE STATE." ONE BOTTLE TURNED INTO A SIGNIFICANT COLLECTION THAT NOW OCCUPIES TWO ROOMS IN THE UPSTAIRS  QUARTERS OF THE FARM OFFICE. "ONCE I COULDN'T FIND MILK BOTTLES TO BUY, I STARTED BUYING BUTTER CHURNS, AND ICE CREAM STUFF  AND IT MOVED ON TO SOME OF THE EQUIPMENT AND THE MACHINES, HAND MACHINES AND STUFF LIKE  THAT." NOW THE BASEMENT OF THE FACILITY IS FILLED WITH ARTIFACTS THAT TELL THE STORY OF WISCONSIN'S GREAT AGRICULTURAL AND DAIRY HERITAGE! "HOPEFULLY WE CAN KEEP THE HERITAGE GOING, HOW THE OLD GENERATIONS FARMED, COMPARED TO  HOW WE'RE DOING IT." FOR LARSON, IT'S NOT SIMPLY A HOBBY, IT'S A WAY TO LEARN ABOUT THE PAST. "IT'S THE PEOPLE YOU MEET, AND IT'S WHAT YOU LEARN. I'VE LEARNED MORE IN THE LAST THREE YEARS  THAN I DID MY FIRST 60! I MEAN EVERY TIME I GO TO AN AUCTION, GET ON THE COMPUTER, RESEARCH  SOMETHING, IT'S JUST FUN!" LARSON NOW HOPES TO TURN THAT FUN INTO A VISITOR'S CENTER WHERE TOUR GROUPS CAN LEARN ABOUT  THE PAST WHILE ALSO VISITING A MODERN FAMILY DAIRY FARM. THEY CAN COME LOOK AT THE FARM, HOW WE FARM TODAY; AND LOOK AT THE MUSEUM, HOW MY  GRANDFATHER OR MY GREAT-GRANDFATHER FARMED." AND THAT'S WISCONSIN DAIRY NEWS.  THE CURRENT FACILITY IS NOT HANDICAPPED ACCESSIBLE, BUT THE LARSON'S  ARE HOPING TO MOVE IT TO A DIFFERENT BUILDING THAT'S LARGER AND EASIER  FOR PEOPLE TO ENJOY THE COLLECTION OF AGRICULTURAL HISTORY.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE A  GREAT DAY. HIGH STRENGTH STEEL FOR HIGH STRENGTH DEPENDABILITY, THE CHEVY  SILVERADO IS THE OFFICIAL NEWS GATHERING VEHICLE OF AGDAY TELEVISION.

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