AgDay Daily Recap -February 17, 2017

February 17, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
FEBRUARY 17, 2017


HEADLINES
FROM CAPITOL HILL TO MAIN STREET - IT'S ALL  ABOUT THE ECONOMY. WE HAVE THE LATEST OUTLOOK FROM BANKERS THROUGHOUT THE NATION'S  HEARTLAND. "COMNG UP TODAY ON AGDAY INVENTORY ON DEALERS LOTS IS A  LOT BETTER THAN IT WAS A YEAR AGO BUT HAS THE FARM FINANCIAL PICTURE  CHANGED WE'LL HAVE THAT STORY FROM THE NATIONAL FARM MACHINERY  SHOW." IN THE PROFARMER PROFIT BRIEFING... MARKET FUNDAMENTALS IN  CORN AND WHEAT...I THINK WE'RE SEEING CORN JOIN THE PARTY WITH  SOYBEANS ON THE LONG SIDE AND WHEAT IS KIND OF TAGGING ALONG  COVERING SHORT POSITIONS IN HERE. WITH SPRING PLANTING AHEAD, WE HEAD  TO FARM JOURNAL COLLEGE FOR SOME PLANTER TUNE-UP TIPS. AND THIS  YOUNG AUSSIE ALREADY KNOWS WHERE HIS LIFE WILL TAKE HIM. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

RURAL MAINSTREET INDEX
GOOD MORNING I'M BETSY JIBBEN. CLINTON GRIFFITHS IS ON ASSIGNMENT. WE  TURN OUR ATTENTION THIS MORNING TO THE RURAL ECONOMY WHICH  CONTINUES TO STAG-NATE.  BUT A BRAND NEW SURVEY SHOWS THERE'S SLIGHT  IMPROVEMENT. THE RURAL MAINSTREET INDEX - AS COMPILED BY DOCTOR ERNIE GOSS AT  CREIGHTON UNIVERSITY IN OMAHA - SHOWS  THE OVERALL INDEX ROSE TO ITS HIGHEST LEVEL IN 18 MONTHS.  BUT IT'S STILL  BELOW GROWTH NEUTRAL. THE RMI IS BASED ON SURVEYS WITH BANKERS IN TEN STATES IN THE MIDWEST  AND GREAT PLAINS.  ABOUT 15-PERCENT REPORTED IMPROVEMENT. BUT  MORE THAN A THIRD OF THE  BANKING CHIEFS REPORTED THEIR LOCAL ECONOMY REMAINS IN AN ECONOMIC  DOWNTURN.   AND HALF DESCRIBED THEIR ECONOMIES AS STAGNANT. DOCTOR GOSS' SURVEY ALSO SHOWING NEARLY THREE QUARTERS OF THE  BANKERS SURVEYED EXPECT AGRICULTURE EQUIPMENT SALES TO CONTINUE TO  DECLINE IN THEIR AREA OVER THE NEXT YEAR. THAT'S NOT EXACTLY THE NEWS EQUIPMENT MAKERS AND DEALERS WANT TO  HEAR AS THEY GATHER FOR ONE OF THE LARGEST EQUIPMENT SHOWS IN THE  COUNTRY.

FARM MACHINERY OUTLOOK
TYNE MORGAN GAUGES EQUIPMENT ECONOMICS AT THE NATIONAL FARM  MACHINERY SHOW IN LOUISVILLE, TYNE. THANKS BETSY WELL THE LATEST RURAL MAINSTREET INDEX SAYS THAT SEVENTY FOUR PERCENT OF BANKERS  STILL EXPECT EQUIPMENT SALES TO DECLINE IN TWENTY SEVENTEEN BUT HERE AT NATIONAL FARM  MACHINERY SHOW EQUIPMENT MANUFACTURERS TELL ME THAT INVENTORY ON DEALERS LOTS IS IN A MUCH  BETTER POSITION THAN WHERE IT WAS A YEAR AGO. I THINK LOOKING AT INVENTORIES IN GENERAL IT 'S IN  BETTER SHAPE IS WHERE WE WANT IT TO BE YET IT MIGHT NOT BE QUITE WHERE WE WANT IT TO BE BUT IT'S  CERTAINLY BETTER. SHAPE THAN OVER THE LAST TWO YEARS I THINK IF YOU LOOK AT THE MARKET WE'VE  OBVIOUSLY GONE THROUGH A CORRECTION FROM SOME OF THE HIGH VOLUMES IN THE RECENT PAST BUT  COMING DOWN TO WHAT I WOULD ASSUME TO BE A NEW NORMAL AND WHILE MARGINS MAYBE NOT AS  GOOD AS WHAT THEY ONCE WERE STILL OPERATIONAL. WE CONTINUE TO SELL PLANTERS AND WE SELL SOME  GRAIN CARTS AT THIS TIME THE YEAR A LITTLE BIT BETTER THAN WHERE WE'RE AT LAST YEAR. NOW WHILE  SMALLER LOWER HORSEPOWER MACHINES SAW THE BIGGEST BUYING MOMENTUM IN TWENTY SIXTEEN  CASE IH SAYS THE KICKOFF TWENTY SEVENTEEN COMBINES PURCHASES ARE PERFORMING SURPRISINGLY  WELL IN INDIANA. FROM A BUYER'S STANDPOINT I CAN SPEAK ON MY REGION. WE WILL DO A LOT OF REALLY  GREAT AND EXCITING. COMBINE YEAR I THINK GOT OFF TO START THE COMBINES WHICH IS GOOD WE CONTINUE TO DO WELL WITH TRACTORS THINGS LIKE THE QUADTRAC EQUIPMENT MANUFACTURERS LARGELY  SAY THE OUTLOOK ON TWENTY SEVENTEEN IS FOR SALES TO STAY FLAT. THAT CONSISTENCY IS ALSO RINGING  TRUE IN THE LENDING COMMUNITY I FEEL THAT FARMERS AND RANCHERS ARE IN A EQUIVALENT POSITION TO  WHERE THEY WERE A YEAR AGO. HOWEVER THEY DID COME THROUGH TWENTY SIXTEEN AND SOME OF  OUR BEST CASE SCENARIOS WERE THAT THEY DID NOT GO ANY FURTHER BACKWARDS AND THAT IN ITSELF  HAS GIVEN MANY INDIVIDUAL 'S OPTIMISM ALONG WITH AN UP TICK IN THE GRAIN SECTOR ESPECIALLY IN  THE SOYBEAN MARKET THAT THERE IS A LITTLE MORE OPTIMISM IN SEVENTEEN AND SIXTY I THINK PEOPLE  THE REASON THE MOODS WERE BETTER PEOPLE ARE WE LOOKING AT THE NUMBERS AND FIGURING OUT  THAT THERE STILL SOME REALLY GOOD OPPORTUNITIES FOR THEM IN THE MARKETPLACE THEY DO NOT LISTEN  TO SOME OF THE NEGATIVE RHETORIC. THEY'VE SAT THEY'LL LOOK AT THE NUMBERS WORK WITH HER  WONDERFUL WORK WITH THEIR ACCOUNTS AND I THINK THAT THEY ARE WELL AWARE OF WHERE THINGS ARE  NOW AND WILL WHERE FUTURES PRICES ARE THERE'S SOME GOOD OPPORTUNITIES AND I THINK THAT'S  LEADING TO THE OPTIMISM TO CLOSE AT TWENTY SIXTEEN HOSKIN SAID ABOUT TWENTY TO TWENTY FIVE  PERCENT OF PRODUCERS FACED NEGATIVE CASH FLOWS AND HE SAYS TODAY THE SITUATION IS ABOUT THE  SAME THE BALANCE SHEETS ARE IN SOME CASES A LITTLE STRONGER THAN WE ANTICIPATED. BECAUSE OF  BETTER MARKETING. BUT I WOULD SAY THAT NUMBER STILL IN THAT SAME NOW HERE NATIONAL FARM  MACHINERY SHOW THEY'RE STILL QUITE A BIT OF BUZZ AROUND AUTONOMOUS EQUIPMENT BUT WHEN  COULD THAT BE A REALITY ON YOUR FARM WILL HAVE THAT STORY COMING UP ON MONDAY REPORTING FROM  NATIONAL FARM MACHINERY SHOW AND I'M TYNE MORGAN FOR AGDAY. THANKS TYNE

WORKING ON NEXT FARM BILL
THE SLUGGISH FARM SECTOR IS GETTING THE ATTENTION OF LAWMAKERS AS  THEY START TO GATHER DATA IN ADVANCE OF WRITING THE NEXT FARM BILL. THE HOUSE AGRICULTURE COMMITTEE HELD A HEARING WEDNESDAY TO GATHER  OPINIONS FROM KEY AG ECONOMISTS IN THE COUNTRY. HOUSE MEMBERS HEARD TESTIMONY ON LOW COMMODITY PRICES, DECLINING NET FARM INCOME AND TIGHTENING CREDIT. HOUSE AG COMMITTEE CHAIR, MIKE CONAWAY SAYS AS THE FARM BILL PROCESS  GETS UNDERWAY, THOSE ECONOMIC REALITIES MUST BE FRONT AND CENTER. "ERS IS FORECASTING A 50 PERCENT DROP IN NET FARM INCOME SINCE 2013.  IT'S HARD FOR ANY OF  US TO IMAGINE OUR INCOME BEING SLICED IN HALF.  WE ARE TOLD THAT 1 IN 10 FARMS ARE NOW HIGHLY OR EXTREMELY LEVERAGED. NOMINAL DEBT LEVELS  ARE AT ALL-TIME HIGHS AND REAL DEBT LEVELS ARE APPROACHING WHERE THEY WERE PRIOR TO THE  1980S FARM FINANCIAL CRISIS."MEMBERS OF THE SENATE FINANCE COMMITTEE HELD 'CLOSED DOOR MEETINGS'  WITH PRESIDENT TRUMP'S TOP TWO TRADE OFFICIALS THIS WEEK- ALL  ADDRESSING THE IMPORTANCE OF TRADE.  IOWA SENATOR CHUCK GRASSLEY TELLING REPORTERS THAT DURING THOSE  MEETINGS HE'S MAKING CLEAR THE NEXT TRADE DEAL NEEDS TO BE  BENEFITTING AG.  "NUMBER ONE WHEN YOU REACH AN AGREEMENT, IT HAS TO GO THROUGH THE CONGRESS OF THE  UNITED STATES, BECAUSE IT'S LAW LIKE ANYTHING ELSE. AND REMEMBER THAT IT TAKES GOOD  AGRICULTURAL PROVISIONS IN A TRADE BILL TO GET IT THROUGH FOR MANUFACTURING AND SERVICES. 32 AG  IS LIKE A LOCOMOTIVE FOR EVERYTHING ELSE THAT'S GOING TO BE PULLED BEHIND IT. GRASSLEY SAID HE WAS VOCAL ABOUT HOW THERE NEEDS TO BE NO  RETALIATION AGAINST AMERICAN AGRICULTURE -HE ALSO SAID A BI-LATERAL AGREEMENT WITH THE U.S. AND JAPAN MAY BE  BENEFICIAL FOR U.S. AG SINCE THE UNITED STATES BOWED OUT OF THE TRANS  PACIFIC PARTNERSHIP 

CROP COMMENTS
SOME FARMERS ARE OUT AND ABOUT DOING SOME FIELD WORK - MIKE HOFFMAN  HAS A LOOK IN THIS MORNING'S CROP COMMENTS.  GOOD MORNING BETSY. ZANE JONES FROM CHULA, MISSOURI IS BUILDING TERRACES BEFORE PLANTING  ROLLS AROUND - HE SAYS CONDITIONS ARE GREAT FOR GETTING FIELD WORK  DONE. HE'S ALSO FIELD CULTIVATING.  THE U.S. DROUGHT MONITOR SAYS NEARLY 89 PERCENT OF MISSOURI IS  ABNORMALLY DRY.  AND MIKE BERDO FROM WASHINGTON, IOWA SENDING US A PHOTO OF HIS HOG  BARN. HE SAYS THIS IS ONE OF THE SEVERAL BUILDINGS HE'S SELLING OUT OF  RIGHT NOW. AND TAKING A LOOK AT THE DROUGHT MONITOR YOU CAN STILL SEE  POCKETS OF EXCPEITNOAL AND EXTREME DROUGHT BUT THEY ARE SMALL  POCKETS WE'LL LET YOU KNOW THE FORECAST HAS IN STORE AND WHO GETS  THE RAIN AND SNOW CMIGN UP WITH MY FORECAST BUT FIRST HERE ARE SOME 

TEASE
COMING UP - OUR PARTNERS AT PROFARMER LOOK AT FUNDAMENTALS IN THE  CORN AND WHEAT MARKET IN TODAY'S PROFIT BRIEFING. AND A KINDERGARDENER IS ALREADY PRACTING UP FOR HIS FUTURE CAREER - AND HE'S SHEEP SHEARING WITH THE BEST OF THEM! LATER, IN THE COUNTRY.  INSTINCT II AND N-SERVE NITROGEN STABILIZERS MAKE MORE NITROGEN AVAILABLE TO CORN LONGER - FOR OPTIMIZED YIELD POTENTIAL.  FROM DOW AGROSCIENCES - SOLUTIONS FOR THE GROWING WORLD.

PROFIT BRIEFING
IN THIS MORNING'S PROFIT BRIEFING- ARE THERE FUNDAMENTAL REASONS WHY THE CORN AND WHEAT MARKETS ARE  SEEING A BOOST?  BRIAN GRETE AND DAVIS MICHAELSEN DISCUSS THE IMPACTS.  BRIAN. WE'VE SEEN SOME PRETTY IMPRESSIVE STRENGTH IN THE CORN AND WHEAT MARKETS LATELY I'M WONDERING THOUGH IS THERE A FUNDAMENTAL REASON FOR THIS OR IS OR IS THERE SOMETHING ELSE IMPACTING THESE MARKETS TO GIVE HIM A LITTLE BIT OF A LEFT WELL I DON'T THINK THERE 'S ANYTHING  FUNDAMENTALLY THAT YOU CAN PINPOINT JUST SAY HEY THIS IS THE REASON YOU KNOW IF YOU LOOK  BACK THE LAST YEAR WHAT WE SAW THIS HAPPEN IN THE MARCH TIMEFRAME IT JUST HAPPENS BE  HAPPEN IN IN FEBRUARY THIS YEAR AND I THINK WHAT WE'RE SEEING IS SPECULATIVE MONEY FLOW HOW  WE'VE SEEN IN THE SOYBEAN MARKET WHERE THE FUNDS HAVE BEEN LONG AND THEY BEEN CONTENT  TO BE LONG. SOYBEANS FOR QUITE SOME TIME IN THE CORN MARKET THEY WERE SHORT THEY HAVE SINCE  MOVED TO A NEUTRAL POSITION AND NOW ARE GETTING SOME LIFE IN THAT MARKET ARE BUILDING A LONG  POSSESSION. SO I THINK THAT THAT 'S A KEY THING THERE DESPITE THE LACK OF FUNDAMENTAL SUPPORT  WE ARE SEEING THE FUNDS FOR WHATEVER REASON DECIDE TO MOVE IN THE LONG SIDE OF THE CORN  MARKET AND ON THE WHEAT SIDE OF THINGS. THEY'VE BEEN HEAVILY SHORT AND TIPPED TO HEAVILY TO  THE SHORT SIDE OF THAT MARKET AND NOW ARE SEEING A LIGHTEN UP A LITTLE BIT SO YOU KNOW I THINK  WE'RE SEEING CORN JOIN THE PARTY WITH SOYBEANS ON THE LONG SIDE AND WHEAT IS KIND OF TAGGING  ALONG IN COVERING SHORT POSITIONS IN HERE OK THAT BEING THE CASE OF THIS A SPECULATIVE MONEY  MOVING AROUND ARE WE RISK YOU'RE AT SOME POINT WHERE THOSE SAME SPECULATORS WILL FEEL LIKE  THE MARKETS TOPPED GO AHEAD AND TAKE SOME PROFITS AND THEN WE LOSE SOME PRICE STRENGTH  SURE AND YOU KNOW TAKING A LOOK A LOT A LITTLE BIT AT THE BIGGER PICTURE THERE. FIRST WE WERE  SEEING THE EQUITY MARKETS STILL STRENGTHEN NIGHT YOU KNOW AT OR NEAR RECORD HIGHS THERE AND  IN THE LAST U S STOCK INDICES AND WE\RE AND COMMODITIES STRENGTHENED AT THE SAME TIME. SO  THERE IS SOME UPDRAFT HERE IN TERMS OF SPECULATIVE MONEY COMING INTO THE MARKETPLACE IN ALL  ASSET CLASSES RIGHT NOW AND BUT GETTING BACK TO YOUR YOUR QUESTION THERE I THINK THAT THERE IS  A REAL RISK THERE BECAUSE WE DO HAVE YOU KNOW FUNDAMENTAL HEADWINDS IN THE MARKETPLACE FOR BOTH CORN AND WHEAT IN PARTICULAR AND SOYBEANS TO THE SAME EXTENT BUT LIKE I SAID THEY'VE THEY'VE BEEN MORE CONTENT TO BE LONG THERE BUT YOU KNOW WHEN WE LOOK TO CARRY OVER IT AND  CORN A WELL IN EXCESS OF TWO BILLION BUSHELS A CARRYOVER IN WHEAT WELL IN EXCESS IN ONE BILLION  BUSHELS HAD THERE ARE SOME CONCERNS ABOUT HOW MUCH FURTHER THESE CORRECTED RALLIES CAN  CAN UNFOLD IN BOTH OF THOSE MARKETS WHAT ROLE IS THE DOLLAR PLAYING IN ALL OF THIS IS THAT HAVING  AN INFLUENCE AS WELL WELL YOU KNOW WHEN YOU LOOK AT THE DOLLAR WE MADE A BIG MOVE UP  STARTING LAST MAY AND AND JUST A HUGE PRICE RECOVERY TOPPED OUT IN JANUARY. SINCE THAT POINT  TIME WE WE PULLED BACK IN THE END OF JANUARY AND THEN FEBRUARY WE WE'VE RECOVERED A LITTLE  BIBLE BUT WE'RE BELOW THAT WHAT THE JANUARY HIGHS ARE YOU KNOW I DON'T THINK WE SEE  NECESSARY AND APPRECIABLE IMPACT FROM THE DOLLAR ON EXPORTS SO WHETHER YOU'RE LOOKING AT  THE GRAIN MARKETS THE MEAT MARKETS COTTON ANY OF THOSE YOU KNOW WE WE CAN'T SAY WELL. THE  STRONG MOVE UP IN THE DOLLAR HAS REALLY IMPACTED THE EXPORTS THERE. IF THAT 'S GOING TO HAPPEN  WERE INTO THAT TIMEFRAME NOW ABOUT A SIX TO TWELVE MONTH LAG WHERE THAT TYPICALLY WOULD  COME INTO PLAY SO IT COULD HAVE AN IMPACT MOVING FORWARD ALRIGHT WELL CORN AND WHEAT HAVE  DEFINITELY BENEFITED FROM SOME FUND ACTIVITIES IN FROM SPECULATIVE MONEY MOVING AROUND HOW  LONG CAN IT LAST WE'LL KEEP AN EYE ON IT MOVING FORWARD FOR BRIAN GRETE AND ALL THE EDITORS OF  PRO FARMER ON DAVIS MICHAELSON AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING.  FARMER-FIRST, WITH A PLAN FOR EVERY  MARKET. 

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY CORVUS PRE-EMERGENCE CORN HERBICIDE FROM BAYER.   THE ONLY HERBICIDE TO OFFER THREE LEVELS OF DEFENSE AGAINST WEEDS - BURNDOWN, RESIDUAL AND  REACTIVATION WITH RAIN.  WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE. WHEN YOU LOOK AT THIS MAP  ESPECIALLY WHEN YOU TAKE A LOOK AT CALIFORNIA THERE 'S NOT ANY EXCEPTIONAL DROUGHT LEFT IN THE  STATE ISN'T IT AMAZING. IT IS AMAZING. THERE IS A SMALL POCKET OF EXTREME DROUGHT IN OUR  COMPUTER MODEL IS SUGGESTING THREE INCHES OR MORE OVER THE NEXT COUPLE OF DAYS. BUT THERE  ARE SOME AREAS OF DROUGHT FATHER EAST SO WE STILL HAVE TO CONCERN OURSELVES WITH IDLE SEE  ANY EXCEPTIONAL DROUGHT ANYWHERE IN THE LOWER FORTY EIGHT. BUT THERE ARE SOME OTHER AREAS OF  EXTREME DROUGHT PARTS OF SOUTHEAST OKLAHOMA EXTREME NORTHEAST TEXAS FAR WESTERN ARKANSAS  AND A FEW SPOTS THERE NORTHERN GEORGIA. SOUTHEASTERN TENNESSEE. ALL THOSE HAVE IMPROVED  OVER THE LAST MONTH. IN FACT IF WE GO BACK A MONTH YOU CAN SEE THERE WAS LOT MORE COLOR ON  THIS MAP AND ALL OVER THE NEXT TO HER PAST FOUR WEEKS WE CONTINUE TO SEE MOST OF THOSE  AREAS SHRINK UP A LITTLE BIT MORE THAT HAS COME A STALLED IN THAT SHRINKAGE OVER THE LAST COUPLE  OF WEEKS. BUT I THINK WE'LL STILL SEE MORE MOISTURE COMING IN THE PARTS OF THE SOUTHEAST  SOUTHERN PLAINS ESPECIALLY ONCE THAT WESTERN SYSTEM STARTS TO COME EAST AND THERE IT IS A BIG  STORM SYSTEM OFF THE SOUTHERN CALIFORNIA COAST. WELL SEE A STORM UP IN CANADA ACTUALLY  DRAWING IN THE WARM AIR FOR THE MIDDLE OF THE COUNTRY AN AREA OF LOW PRESSURE IN SOUTH TEXAS  GOING TO BE MOVE ALONG THE COASTLINE THERE. ANY EVENTUAL INTO THE SOUTHEAST WAS SOME  MOISTURE BY LATER ON TODAY HEAVY RAINS HEAVY MOUNTAIN SNOWS IN THE MUCH OF CALIFORNIA EVEN  THE SOUTHERN AREAS THAT DON'T ALWAYS GET THAT HEADING THROUGH THE NIGHT TIME TONIGHT AND SEE  THE SHOWERS EXPAND INTO THE SOUTHERN MISSISSIPPI VALLEY DOWN THAT WAY AND THAT STORM HAD A  SPLITTING INTO TWO THE NORTHERN BRANCH WON'T BE THE STRONGER PART OF IT. BUT THAT SOUTHERN  BRANCH HAS A LOT OF MOISTURE FOR THIS TIME OF THE YEAR. AND AS WE HEAD THROUGH TODAY  TOMORROW MORE MOISTURE THIS CONTINUES TO MOVE EAST. WE DO SEE THINGS START TO TAPER OFF THAN  OVER MUCH OF CALIFORNIA AS THAT STORM SYSTEM BRINGS A HEAVY RAIN INTO A PARTS OF ARIZONA PARTS  OF NEVADA EVEN INTO UTAH. EVENTUALLY WITH SOME MORE RAIN AND MOUNTAIN SNOWS THERE 'S THE  PRECIPITATION S LEAD OVER THE PAST TWENTY FOUR HOURS MOST OF IT OUT WEST ADDING IN THE NEXT  THIRTY SIX YOU CAN SEE THAT WE'RE GOING TO TRACK SOME ACROSS SOUTH EASTERN TEXAS INTO A PART  OF THE SOUTHERN MISSISSIPPI VALLEY. AND THERE'S THAT HEAVY STUFF. IN FACT THE MODEL IS NOW  SHOWING UP MORE THAN THAT OF A FIVE TO SIX INCHES IN THAT AREA WHERE WE STILL HAVE THAT SEVERE  DROUGHT IN THE SOUTHERN PORTIONS OF THE CALIFORNIA AMAZING SNOWFALL PAST TWENTY FOUR HOURS  MAINLY HIGHER ELEVATIONS OUT WEST WILL A LITTLE BIT THE NORTHEAST. BUT YOU CAN SEE WE CONTINUE  TO ADD IT THROUGH THE A WESTERN STATE. HIGH TEMPERATURES VERY MILD FOR THE CENTRAL AND  SOUTHERN PLAINS THIS AFTERNOON AND IT WILL STAY MILD FOR NIGHT TIME LOWS AS WE HEAD THROUGH  THE NIGHT TIME TONIGHT AND THEN HIGHS TOMORROW. SIXTY CHICAGO AND CINCINNATI CRAZY FOR THIS  TIME OF THE YEAR ALL BECAUSE OF THE RIDGE THAT BUILDS IN AND THEN IT WEAKENED A LITTLE THEN THE  RIDGE COMES BACK AS WE HEAD INTO THIS WEEKEND AND HE CAN SAY IS WE HAD IN THE NEXT WEEK  NO REAL PATTERN SETTING UP A STORM SYSTEM'S CONTINUING TO COME EAST THAT 'S A LOOK ACROSS THE  COUNTRY NOW LET 'S TAKE A LOOK AT SOME LOCAL FORECASTS. WE HEAD TO CARSON CITY NEVADA FIRST OF  ALL CLOUDY AND CHILLY MAYBE AN AFTERNOON SHOWER HIGH OF FORTY THREE TAILGATE FOR SMITH  ARKANSAS. GOOD DEAL OF SUNSHINE AND WARM A HIGH ALL THE WAY UP THE SEVENTY AND FINALLY A ROCHESTER NEW YORK A MIX OF SUNSHINE AND CLOUDS ON THE CHILLY SIDE. HIGH THIRTY SIX

CORN PALACE
THERE'S A DEBATE OVER MAIZE MURALS ON THE WORLD'S ONLY CORN PALACE.  THE BUILDING WHICH IS IN MITCHELL, SOUTH DAKOTA IS A POPULAR TOURIST ATTRACTION AND STATE STAPLE.  THE MURALS STAYED ON FOR TWO YEARS INSTEAD OF ONE AS PART OF THE  MAYOR'S COST SAVING TRIAL RUN -THIS WAS THE LAST TIME THE BUILDING WAS  DECORATED IN 2015- WHEN THE CITY SPENT 157-THOUSAND DOLLARS FOR A  'ROCK OF AGES' THEME.  SOME COMMITTEE MEMBERS ALONG WITH THE CORN PALACE DIRECTOR SAYING  THE MURALS SHOULD BE REPLACED EVERY YEAR- CLAMING SOME KERNALS  HAVE BEEN PICKED OFF MY ANIMALS  AND COBS HAVE FALLEN FROM THE WALLS. 

INDIANA BARN FOUNDATION QUILT
THE INDIANA BARN FOUNDATION HOPES A HAND-MADE QUILT MAY HELP  PRESERVE HERITAGE BARNS IN THE FUTURE. THE I-B-F IS HOLDING AN AUCTION FOR THIS QUILT WHICH HELPS CELEBRATE  INDIANA'S BICENTENNIAL.THE QUILT INCLUDES BARN IMAGES FROM ALL 92 COUNTIES IN THE STATE, THE MONEY RAISED DURING THE AUCTION WILL HELP PROVIDE GRANTS TO BARN  OWNERS WHO ARE TRYING TO PRESERVE BARNS ON THEIR PROPERTY. THE AUCTION WILL TAKE PLACE SATURDAY MARCH 4TH IN INDIANAPOLIS. VISIT  THE FOUNDATION'S WEBSITE - INDIANA BARNS DOT ORG FOR MORE  INFORMATION ABOUT THE AUCTION.

TEASE
COMING UP IN FARM JOURNAL COLLEGE:  TIPS ON TWEAKING PLANTERS BEFORE HEADING OUT IN THE FIELDS. AND A FIVE YEAR OLD WHO IS BEYOND HIS YEARS - PERFECTING HIS CRAFT AT  BECOMMING A SHEEP SHEARER!

FARM JOURNAL COLLEGE TV
MANY IN THE SOUTH ARE DUSTING OFF THEIR PLANTERS - SOON FARMERS TO  THE NORTH WILL TOO.  MISSY BAUER RUNS US THROUGH SOME PLANTER SET-UPS FARMERS NEED TO  KNOW BEFORE THEY KICK THE DUST UP WELL MISSY BAUER 'S HERE WITH US ON CORN COLLEGE AGAIN MISSY I GUESS FIRST THINGS FIRST IF WE'RE  GOING TO THE FIELD WE'VE GOT TO SET UP OUR PLANTER. AND THAT'S WHAT WE WANT TO TALK ABOUT TODAY  IS REALLY SOME IN FIELD PLANTER SETUP THINGS OF COURSE. FIRST THING YOU JUST NEED TO EVALUATE  HOW IS YOUR OVERALL PLANTER OR SET UP WERE OUTFITTED IN GENERAL OK SO ARE YOU RUNNING ROW  CLEANERS OR YOU HAVE A NO TILL COULTER ON THERE WHAT ARE YOU RUNNING FOR YOUR CLOSING SYSTEM.  ALL THOSE DECISION SHOULD REALLY BE MADE OFF YOU KNOW WHAT TYPE AND TILLAGE SYSTEM THE YEAR  IN AND THE CONDITIONS YOU'RE TYPICALLY PLANTING UNDER SO IT IN A CASE WHERE WE'RE DOING A LOT IN  NO TILL AND WE WOULD LOOK AT RUNNING. ACTUALLY A NO TILL COULTER IN COMBINATION WITH THE ROW  CLEANERS RIGHT IN THIS CASE WERE HERE IN CONVENTIONAL TILLAGE SO WE WANT TO MAKE SURE THAT  COULTER IS OFF WITH THE COULTER LIKES TO HAIRPIN RESIDUE DOWN THE TRENCH. OTHERWISE OK ON THIS  CASE WERE JUST GONNA BE RUNNING. THEY'RE THE FLOATING ROW CLEANERS ON THIS PLANTER AND THEN  CLOSING WHEELS AGAIN GOING TO DEPEND ON THAT TILLAGE SYSTEM. HERE WERE CONVENTIONAL TILLAGE  WHICH WE HAVE THE STANDARD TWO CAST IRON CLOSING WHEELS WITH A DRAG CHAIN BEHIND A PRETTY  GOOD STANDARD OPTION IN A LOT OF CASES FOR CONVENTIONAL TILLAGE OF COURSE IS ALWAYS OTHER  OPTIONS RIGHT I MEAN THERE 'S SO MANY DIFFERENT THINGS YOU CAN OUTFIT WITH NOW EXACTLY AND I  MEAN IF WE'RE DOING A LOT IN NO TILL AND THAT 'S WHERE WE GET A MAYBE 'S MORE THE SPIKE TYPE  OPTIONS AND THINGS LIKE THAT I REALIZED WHEREVER I GO ON BACK THERE REALLY HAS TO COINCIDE  WATER TILLAGE SYSTEM IS 

TEASE
WHEN WE COME BACK - A SMALL BOY WITH BIG CAREER DREAMS - OF  BECOMMING A PROFESSIONAL SHEEP SHEARER. IN THE COUNTRY IS NEXT.  GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY. 

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA.  SEE THE ALL-NEW KOMMANDER-PRO ZERO-TURN  MOWER AT KUBOTA.COM.A FIVE YEAR OLD AUSTRALIAN BOY ALREADY HAS HIS FUTURE CAREER MAPPED  OUT - HE WANTS TO BE A SHEEP SHEARER. CHARLIE DUNN IS STILL IN KINDERGARTEN. BUT HE'S ALREADY SHEARING WITH  THE 'BEST OF THEM'. HE'S BEEN LEARNING TO SHEAR SINCE HE WAS TWO,  PRACTICING ON HIS TEDDY BEARS BEFORE GRADUATING TO HIS FIRST SHEEP.  PARENTS CLINT AND DONNA DUNN HAVE BOTH WORKED IN SHEARING SHEDS AND  CHARLIE'S KEEN TO FOLLOW IN THEIR FOOTSTEPS. OBSESSED ISN'T THE WORD, I DON'T RECKON, HE JUST LIVES AND BREATHES IT, ALWAYS TALKING ABOUT  IT," WHILE CHARLIE HANDLES REAL SHEEP NOW....HE PRACTICED FOR A LONG TIME  ON TEDDY BEARS AND OTHER STUFFED ANIMALS. CHARLIE'S SO PASSIONATE ABOUT SHEARING THAT HIS PARENTS AREN'T  ALLOWED TO DO IT WHEN HE'S NOT THERE. SO THEY TYPICALLY WAIT FOR THE  WEEKEND. WAY TO GO, CHARLIE. 

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND TYNE MORGAN, I'M BETSY JIBBEN, HAVE A GREAT DAY.

 

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