AgDay Daily Recap -July 10, 2017

July 10, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
JULY 10 ,2017


HEADLINES
FARM LAND VALUES STABILIZE IN THE SOUTHERN PLAINS-- IN AGRIBUSINESS...PREPARING FOR ANOTHER WEATHER DRIVEN TRADING WEEK. MACHINERY PETE IS ON AN ALLIS CHALMERS TRAIL. AND ITS PICKING TIME IF YOU'RE WILLING TO WORK FOR IT AT U-PICK IN  TENNESSEE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY  SILVERADO.

FARM LAND VALUES
GOOD MORNING I'M CLINTON GRIFFITHS. AFTER A NEARLY TWO YEAR RUN OF  FALLING FARMLAND VALUES IN THE SOUTHERN PLAINS, IT APPEARS THE TREND  MAY HAVE RUN ITS COURSE. IN ITS QUARTERLY LAND VALUES AND CREDIT SURVEY, THE DALLAS FEDERAL  RESERVE SAYS BANKERS IN THE REGION EXPECT TO SEE FARMLAND VALUES  START TO PUSH HIGHER IN THE COMING MONTHS. THE DALLAS FED SAYS DRYLAND VALUES ROSE FOUR-POINT-THREE PERCENT  FROM A YEAR AGO. IRRIGATED CROPLAND SEEING A FIVE-POINT-THREE PERCENT RISE YEAR OVER YEAR. AND RANCHLAND PUSHED HIGHER THREE-POINT-SEVEN  PERCENT FROM THE SAME TIME PERIOD LAST YEAR. THE DALLAS FED ALSO FOUND "DEMAND FOR AGRICULTURAL LOANS OVERALL  DECREASED FOR A SEVENTH CONSECUTIVE QUARTER.  LOAN RENEWALS AND EXTENSIONS CONTINUED TO INCREASE, BUT AT A SLOWER  PACE.  THE RATE OF LOAN REPAYMENT STABILIZED AFTER DECLINING FOR TWO YEARS.  AFTER A SLIDE IN FARMLAND VALUES ACROSS THE GREAT PLAINS AND THE  MIDWEST, IT APPEARS THINGS ARE LOOKING UP IN TEXAS.  TYNE MORGAN HEADS  TO THE LONE STAR STATE TO FIND OUT WHY. STANDING ON THE BROWNING RANCH  JUST OUTSIDE OF AUSTIN, TEXAS, KASEY  MOCK SEES A RAPID CHANGE. WHAT WAS ONCE A RURAL DESTINATION, IS NOW  ON THE EDGE OF SUBERBIA.   THIS IS ONE OF THE FASTEST GROWING AREAS IN TEH COUNTRY. AND THAT'S PUT A LOT OF PRESSURE ON US  AS PRIVATE LAND OWNERS BECAUSE AS RANCHERS AND FARMERS ARE TRYING TO HOLD ON TO THIS  PROEPRTY, WITH PROPERTY VALUES RAPIDLY EXPANDING, MAKES IT HARDER TO KEEP LEASE GROUND, BUT  ALSO VERY TEMPTING TO SELL PROPERTY> IN 2016, FORBES NAMED AUSTIN THE FASTEST GROWING CITY IN THE U.S. AND  NUMBER THREE ON THAT LIST WAS DALLAS. IT'S THE LOCATION MAKING THESE  PARCELS OF PROPERTY PRIME REAL ESTATE...  WE'VE BOUGHT REAL ESTATE IN THIS AREA OVER THE LAST 3 YEARS FORA S LITTLE AS $15,000 AND AS  MUCH AS $30,000 AN ACRE FOR RAW RANCHLAND.. UN IMPROVED PROPERTY. MOCK SAYS THAT' PRICE DOUBLED IN LESS THAN 10 YEARS. IT'S NOT JUST AUSTIN  SEEING RAPID GROWTH. OF AMERICA'S 100 LARGEST CITIES, 13 CALL TEXAS  HOME. TEXAS FARM BUREAU PRESIDENT RUSSEL BOENING FARMS 35 MILES SOUTH OF  SAN ANTONIO... WHICH IS THE COUNTRY'S SEVENTH MOST POPULOUS CITY.  BUT WHEN YOU GET CLOSE TO SOME OF THOSE BIG CITIES, IT'S NOT JUST THE PRICE OF HTE LAND, IT'S EVERYTHING ELSE, THAT COMES WITH IT, MORE PEOPLE, WE'RE STANDING IN FRONT OF A HIGHWAY AND 4  VEHICLES HAVE GONE BY. IF YOU'RE CLOSER TO HOUSTON OR SAN ANTONIO, IT WOULD AHVE BEEN 40 TO  100 VEHICLES GOING BY. URBAN SPRAWL IS NOT ONLY MAKING IT HARD TO FARM, BUT ULTIMTELY DRIVING  SOME OUT OF BUSINESS.  THERE'S FEWER AND FEWER FULLTIME PRODUCERS IN MY AREA. FROM WHERE WE'RE STANDING, 10  PRODUCERS HAVE GONE OUT OF BSUINESS WITHIN 10 MILES OF HERE.  , TI'S CHANGED, IT'S CHANGED  OUR AREA.YOU ALSO SEE AFFLUENT, WEALTHY INDIVIDUALS WANTING A RECREATIONAL PIECE OF PROPERTY WITHIN A  COMMUTER DISTANCE OF AUSTIN. SO THEY CAN OBVIOUSLY OUT COMPETE THE FARMERS AND RANCHER  FOR PRICE PER ACRE ON THIS RANCH, BECAUS IT DOESN'T HAVE TO PENCIL OUT FOR THEM ON A PRODUCTIVE  BASIS.MOCK SAYS THEY'RE SEEING MORE LAND PUSHED OUT OF PRODUCTION  AGRIUCLTURE AND TURNED INTO RECREATIONAL USE LIKE HUNTING.  SO WE SEE LANDOWNERS ACTUALLY MAKING MORE MONEY IN SOME CASES OFF OF HTE HUTNIN INDUSTRY OR OTHER USES LIKE VINEYARDS GRAPES FOR WINE THAN THEY WOUDL RUNNING CATTLE.DESPITE OBSTACLES,  IT'S THE DRIVE TO SURVIVE THAT'S KEEPING MANY TEXAS  FARMERS AND RANCHERS AFLOAT.  THE ESTATE TAX IS ALSO A MAJOR ISSUE FOR TEXAS LANDOWNERS. BOTH  BOENING AND MOCK TOLD TNYE AS LAND VALUES CONTINUE ON THEIR UPWARD  TREND, THE ESTATE TAX IS TURNING INTO AN EVEN BIGGER BURDEN FOR MULTI- GENERATIONAL FARMS. 

ARKANSAS DICAMBA BAN
IN OTHER NEWS ARKANSAS' TEMPORARY EMERGENCY BAN ON DICAMBA GOES  INTO EFFECT AT MIDNIGHT TONIGHT. THE STATE LEGISLATIVE COUNCIL DID NOT  TAKE ACTION FRIDAY TO BLOCK THE BAN, SO IT NOW AUTOMATICALLY GOES INTO  EFFECT.. THE PLANT BOARD HAS RECEIVED MORE THAN 500 COMPLAINTS ABOUT DAMAGE TO CROPS ALLEGEDLY DUE TO DICAMBA DRIFT.

FIGHT OVER CHLORPYRIFOS
SEVERAL STATES ARE SEEKING TO JOIN A LEGAL CHALLENGE TO A TRUMP  ADMINISTRATION DECISION TO KEEP A WIDELY USED PESTICIDE ON THE MARKET. LED BY NEW YORK, THE COALITION FILED A MOTION WEDNESDAY TO INTERVENE  IN A LEGAL FIGHT OVER THE CONTINUED SPRAYING OF <CHLOR-PEER-A-FOS> CHLORPYRIFOS ON FOOD.  THE SUIT IS PENDING BEFORE THE U.S. COURT OF APPEALS FOR THE NINTH  CIRCUIT IN SAN FRANCISCO. THE STATES CLAIM THAT EPA CHIEF SCOTT PRUITT VIOLATED THE LAW BY ENDING  HIS AGENCY'S EFFORT TO BAN THE PESTICIDE SOLD BY DOW CHEMICAL AFTER  FEDERAL SCIENTISTS CONCLUDED IT CAN INTERFERE WITH THE BRAIN  DEVELOPMENT OF FETUSES AND INFANTS.

CROP COMMENTS
LETS CHECK ON CROP COMMENTS FROM ACROSS THE COUNTRY WITH  METEOROLOGIST MIKE HOFFMAN. GOOD MORNING MIKE. GOOD MORNING CLINTON. IT APPEARS THE MIDSOUTH MAY BE THE GARDEN SPOT THIS YEAR WHEN IT  COMES TO THE CORN CROP OUTSIDE THE MIDWEST, LAST WEEK'S CROP PROGRESS REPORT SHOWS 89-PERCENT OF THE TENNESSEE CORN CROP IS GOOD TO EXCELLENT. IT'S 85-PERCENT IN KENTUCKY.  AND 80-PERCENT OF NORTH CAROLINA GETS THOSE HIGH MARKS. THE UPDATED  CROP PROGRESS REPORT COMES OUT THIS AFTERNOON. AND IN MICHIGAN - "NASS" SAYS HARVEST  OF  EARLY BLUEBERRY VARIETIES  BEGAN  IN  THE   SOUTHWEST CORNER OF THE STATE,  FRUIT  QUALITY  WAS  REPORTED  AS EXCELLENT, BUT FRUIT  SIZE WAS AN ISSUE WITH SOME DUE TO A LATE FROST. AND NOW HERE ARE SOME HOMETOWN TEMPS.

TEASE
UP NEXT ITS OUR MONDAY MARKET ROUNDTABLE.  OUR GUESTS JOIN TO HELP SET THE STAGE FOR THE TRADING WEEK AHEAD. PLUS MACHINERY PETE. YOU LOVE ALLIS CHALMERS TRACTORS WELL IF YOU DO STAY TUNED YOU'RE NOT GOING TO WANT TO MISS  MY REPORT.AND SUMMER TIME IS PICKING TIME FOR FAMILIES LOOKING TO GET OUT OF THE  CITY AND ONTO A FARM. 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 LETS CATCH UP WITH MARKETS FROM FRIDAY AS WE SET THE  STAGE FOR A NEW WEEK. DETAILS FROM THE FLOOR OF THE CME IN CHICAGO. HOT AND DRY WEATHER AND TRIPLE DIGIT TEMPERATURES ARE REALLY ENSURING THAT VOLATILITY IS HERE TO STAY THROUGHOUT THE SUMMER IN SOYBEANS HAD A BIG SURGE TODAY BROKE THROUGH THAT $10 MARK AND WE'RE OFF TO THE RACES AFTER THAT. WEATHER WORRIES REALLY ABOUND AND THE MARKET HAS REALLY SHRUGGED OFF THIS OVERBOUGHT CONDITIONS. THERE SOME SERIOUS CROP STRESS OUT THERE CERTAINLY LEAKING OUTSIDE THE NORTHERN PLAINS WHERE THE ORIGINAL HOT AND DRY WEATHER STARTED. IT LOOKS LIKE IT MIGHT BE SPREADING EVEN FURTHER. CORN ALSO WAS HIGHER NOW. IT'S BEEN, WE'VE BEEN GETTING SOME OVERFLOW BUYING FROM THE WHEAT AND FROM THE SOYBEANS BUT IT'S CERTAINLY TODAY RECAPTURED IT'S FOUR OR NINE HIGH FROM LAST MONTH. CERTAINLY THESE TRIPLE DIGIT TEMPERATURES IN THE NORTHERN PLAINS ARE DEFINITELY GOING TO START TO AFFECT THE CATTLE AND THE FEEDER MARKETS. RIGHT NOW WE EXPECT THAT THE FEEDING IS GOING TO BE LESS AND SOME OF THE WEIGHTS MAY BE REDUCED SOMEWHAT. THAT'S ALL FROM THE FLOOR OF THE CME GROUP I'M VIRGINIA MCGATHY.

AGRIBUSINESS
JOE VACLAVIK STANDARD GRAIN AND ANDY SHISSLER WITH S&W TRADING OUR GUESTS HERE LET'S TALK  ABOUT PREPARING FOR THIS WEEK AS WE KICK OFF ON A MONDAY SHORT WEEK LAST WEEK WITH TRADE.  WHAT ARE YOU WATCHING AS WE GET READY. WE'LL START WITH YOU JOE. THE MARKET WILL CONTINUE TO  REACT TO WEATHER FORECASTS AND PATTERNS AND ULTIMATELY WHAT TYPE OF YIELDS THE TRADERS  BELIEVE THEY CAN PUNCH INTO THEIR BALANCE SHEETS. THAT'S THOSE ARE THE BIG TICKET ITEMS THIS  TIME OF YEAR IT'S REALLY THE ONLY THING THAT MATTERS CROP CONDITIONS ARE GOING TO START TO MEAN  MORE AS WE GET FURTHER TOWARD POLLINATION AND EVEN MORE SO INTO AUGUST. TRADE WILL START TO  TAKE THE USDA PROJECTIONS A LITTLE BIT MORE SERIOUSLY IN AUGUST AND SEPTEMBER THE JULY JULY.  ESTIMATES DON'T HAVE MUCH OF A CORRELATION TO THE FINAL NUMBERS. YEAH AS YOU WATCH WEATHER  ANDY WHAT ARE YOU SEEING WHAT ARE YOU. KIND OF. WHAT'S YOUR READ OF THIS CROP FROM FROM  LAST YEAR TO THIS YEAR. TOTALLY DIFFERENT. LIKE WE GET A FORECAST AND THEY THEY CALL FOR RAIN AND  YOU GET HUMIDITY WHICH YOU DON'T GET RAIN. AND SO IT'S HITTING THE SAME SPOTS AS WE SEE THESE  SPORADIC THUNDERSTORMS FIRE A LOT OF PEOPLE ARE GETTING MISSED. AND I THINK WE'VE WE'VE HAD  ENOUGH PEOPLE GETTING THIS LONG ENOUGH THAT I THINK IT'S NOT DOABLE AT THE 170 FOR ME. I JUST  DON'T THINK SO. I THINK THE TRADE IS GOING TO START QUESTIONING ARE WE AT A 165. AND THEN IF  YOU'VE GOT ANOTHER WEEK WHERE THEY HAD MORE HEAT AROUND THEY START TALKING A 160. AND IF  THOSE ARE REAL OR I DON'T KNOW BUT JUST THE PERCEPTION OF IT WOULD REALLY PUT A BOOST IN PRICES.  NOW IT MIGHT BE A BIG OPPORTUNITIES IN THE SUMMER BUT THE WEATHER IS JUST SO ERRATIC KIND OF  MODELS IT'S JUST HARD TO LOOK AT. I'VE GOT TO TELL YOU YOU THINK TOP ENDS OUT WE'RE WE'VE LOST IT. I THINK IT'S KIND OF INTERESTING BECAUSE WE HAD THE REALLY BAD START THE EASTERN CORN BELT IN  ILLINOIS AND INDIANA AND OHIO AND THAT'S REFLECTED IN THE CROP RATINGS. INDIANA AND OHIO  ESPECIALLY ARE WAY BELOW LAST YEAR. SURE. BUT NOW THE HEAT AND THE DRYNESS THAT THEY'RE  TALKING ABOUT IS IN THE WESTERN CORN BELT. SO NOW YOU'VE GOT SOME POTENTIAL PROBLEMS ON BOTH  SIDES OF THE RIVER WHICH IS ULTIMATELY PROBLEMATIC. SO I THINK THERE'S ENOUGH YIELD RISK HERE FOR  THE MOMENT TO KEEP THESE PRICES ELEVATED AND HOPEFULLY INTO SOME NEW HIGHS HERE IN THE  NEXT WEEK OR TWO. SO MAYBE A CHANCE TO DO SOME MARKETING THIS YEAR AND TRY TO GET  PROFITABLE. YEAH I THINK WE PLANNED IT IN SUCH TOUGH CONDITIONS THAT WE PUT MOST OF THE ACRES  IN. SO WE DIDN'T SEE MUCH PRE-VET PLAN RIGHT IN SEPTEMBER WHEN THEY WERE DOING THEIR  NUMBERS SHOWING SO MUCH THERE. BUT THE ACRES WENT IN AND YOU DIDN'T GET THE POPULATION OUT  OF IT. SO I THINK THAT BEAN POPULATIONS THIS YEAR ARE REALLY POOR AND THAT'S WHY I'M FROM THE  BEANS. I THINK THAT BEING POPULATION IS EVEN WORSE THAN CORN NOW BECAUSE WE'VE BEEN  SLAMMED ALL THAT STUFF IN A COUPLE OF WEEKS AND THEN IT DIDN'T RAIN FOR A MONTH. RIGHT. THAT  DOESN'T DO GOOD FOR THIS DOESN'T IT. REAL QUICK JOE ON THE CATTLE MARKET THIS WEEK AND THE  THING THAT YOU'RE WATCHING. I'M HOPING THAT WE'VE COME TO SOME SORT OF BOTTOM HERE SHORT  TERM AT LEAST THE FUNDAMENTAL STUFF HAS ALL BEEN BAD THE CASH MARKET'S BEEN DOWN THE BOX  BEEF MARKET IS FALLING OUT OF BED. SO ALL THAT STUFF IS KIND OF NEGATIVE. THE SPREADS HAVE  LEVELED OUT. SO I DON'T THINK WE'RE GOING BACK TO 100 BUCKS ANYTIME SOON BUT MAYBE MORE OF  A RANGE BOUND TYPE DEAL IS WHAT TO EXPECT. ALL RIGHT IT'S GOING TO BE ANOTHER BUSY WEEK.  GENTLEMEN THANK YOU FOR BEING HERE. WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE.  ARE YOU A GAME CHANGER?  KNOW SOMEONE WHO IS?  CHEVRON IS SEARCHING FOR THOSE  PEOPLE THAT HAVE MADE AN IMPACT ON THE INDUSTRY.  SHARE YOUR NOMINEE AT CHEVRONDELO DOT COM SLASH GAME CHANGERS!  DELO:  LET'S GO FURTHER.

WEATHER
WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN MIKE SUMMER WEATHER  ALWAYS CRAZY IT SEEMS LIKE. AND IF WE LOOK AT RAINFALL OVER THE PAST WEEK YOU CAN SEE WE'RE  KIND OF THOSE POP UP SHOWERS HAVE BEEN LIVING. YEAH. AND THEY REALLY HAVE THROUGHOUT THE  MIDWEST THERE'S BEEN POP UP SHOWERS AND STORMS SOME OF THEM HEAVY BUT THE HEAVIEST IS IN  THE SOUTHERN PLAINS. IN FACT AS WE ZOOM IN ON PARTS OF OKLAHOMA AND NORTHEASTERN TEXAS  SOUTHERN PORTIONS OF ARKANSAS YOU CAN SEE SOME AREAS AT EIGHT INCHES PLUS OF RAIN FROM A  WEEK AGO SATURDAY TO THIS PAST FRIDAY. SO VERY HEAVY AMOUNTS OF RAIN IN PLACES LIKE THAT AND  OF COURSE IT WAS SCATTERED THROUGH OTHER PARTS OF THE EASTERN TWO THIRDS OF THE COUNTRY. HERE'S  THE JETSTREAM AS WE START THIS WEEK THEN WE'RE STARTING OFF WITH A TROUGH IN THE GREAT LAKES  AND THE EAST THAT'S KEEPING THINGS COOLER THAN NORMAL. THE REDS IT'S BEEN PRETTY MUCH  CENTERED OUT WEST AND SHIFTED A LITTLE BIT EASTWARD INTO THE FAR WESTERN PLAINS EASTERN  ROCKIES BUT A LITTLE BIT OF A TROUGH COMING IN. BUT HERE'S WHAT HAPPENS. THE RIDGE KIND OF  FLATTENS EVERYTHING OUT FOR A WHILE AS WE HEAD THROUGH THE MIDDLE OF THE WEEK AND THEN IT  GOES SHIFTING RIGHT BACK TO THE WEST AGAIN AND THE TROUGH BUILDS INTO THE GREAT LAKES AND THE EAST SO WHILE THE GREAT LAKES EAST OHIO VALLEY WILL WARM UP FOR TWO OR THREE DAYS THIS WEEK.  IT DOES START TO COOL BACK DOWN BELOW NORMAL AGAIN AS WE HEAD TOWARD FRIDAY AND INTO NEXT  WEEKEND WITH THAT TROUGH KIND OF CONTINUING AND EVEN MORE ENERGY DIVING INTO IT AS WE HEAD  INTO EARLY NEXT WEEK SO THAT APPEARS TO BE THE PATTERN WE'VE SETTLED INTO WITH. GENERALLY A  TROUGH IN THE EAST AND A RIDGE OUT WEST THAT KEEPS IT VERY HOT AND VERY DRY IN MOST OF THE  WEST. HERE ARE THE TEMPERATURES I'M EXPECTING THIS WEEK FROM THE FAR WESTERN GREAT LAKES  ACROSS INTO THE NORTHWEST DOWN INTO THE SOUTHWEST ABOVE NORMAL EXCEPT FOR THE FAR  NORTHWESTERN SECTIONS OF THE COUNTRY. AND THEN YOU CAN SEE HIM GOING BELOW NORMAL FOR THE  CENTRAL AND NORTHERN APPALACHIANS IT'LL BE KIND OF BACK AND FORTH IN THE GREAT LAKES ALL  DEPENDING ON WHERE THAT RIDGE AND TROUGH SETS UP PRECIPITATION THIS WEEK AND GOING ABOVE  NORMAL FOR THE SOUTHEAST EXCEPT FOR CENTRAL AND SOUTH FLORIDA. ALSO FOR MOST OF THE GREAT  LAKES AND SOME OF THE SURROUNDING AREAS ABOVE NORMAL AND THEN BELOW NORMAL MUCH OF  MEXICO INTO TEXAS ALL THE WAY UP INTO PARTS OF NEBRASKA AND IN WESTERN SOUTH DAKOTA BACK  TO WASHINGTON DOWN IN CALIFORNIA BELOW NORMAL AS WELL. AS FAR AS A 30 DAY OUTLOOK FOR  TEMPERATURES WILL CONTINUE TO GO BELOW NORMAL FOR THE CENTRAL AND NORTHERN MISSISSIPPI VALLEY  INTO THE OHIO VALLEY AND GREAT LAKES ABOVE NORMAL FOR THE FAR NORTH EAST AND EASTERN  CANADA. AND THEN YOU CAN SEE PRETTY MUCH MOST OF THE WESTERN HALF OF THE COUNTRY EXPECTED  TO BE ABOVE NORMAL WITH THAT HUGE RIDGE STILL SITTING THERE. WE WILL GO NEAR NORMAL BECAUSE  IT'S TYPICALLY HOT IN MOST OF CALIFORNIA AND BAJA CALIFORNIA AS WELL. PRECIPITATION OVER THE NEXT  30 DAYS WILL GO IS BELOW NORMAL. NORTHERN MINNESOTA NORTH DAKOTA. MUCH OF SOUTHERN  CANADA INTO THE NORTHWEST NEAR NORMAL FOR THE SOUTHWEST. THAT'S THOSE HIT AND MISS  AFTERNOON VARIETY STORMS AND THEN ABOVE NORMAL SITUATION CONTINUES FOR EASTERN KANSAS  NEBRASKA OR MISSOURI ALL THE WAY THROUGH MOST OF THE SOUTHEAST WITH THOSE AREAS CONTINUING  TO GET A LITTLE BIT WET. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL  FORECASTS. FIRST OF ALL FOR BAKERSFIELD CALIFORNIA MOSTLY SUNNY AND HOT AGAIN TODAY HIGH. ONE  HUNDRED AND SIX MORE HOT AREAS AS WELL. MITCHELL SOUTH DAKOTA PARTLY SUNNY HOT AND HUMID  HIGH OF 92 AND CHATTANOOGA TENNESSEE LOTS OF SUNSHINE. HOT AND HUMID HIGH. 91. 

TEASE
UP NEXT - MACHINERY PETE PUTS A PRICE ON SOME ALLIS-CHALMERS.  PLUS IT'S BERRY PICKING TIME. I'M CHARLES DENNEY. WE'RE PICKING BERRIES AT BATEY FARM IN  MURFREESBORO TENNESSEE. THAT STORY COMING UP ON AGDAY.AGDAY IS POWERED BY RAM TRUCKS - AMERICA'S LONGEST LASTING PICKUPS.

MACHINERY PETE
"MACHINERY PETE IS BROUGHT TO YOU BY JOHN DEERE…WHERE CAN YOU FIND THE MOST  COMPREHENSIVE INVENTORY OF JOHN DEERE CERTIFIED PRE-OWNED TRACTORS, COMBINES AND  SPRAYERS?  MACHINE FINDER-DOT-COM … SOMETIMES THE BEST NEW ADDITION TO YOUR FLEET ISN'T  NEW!" MACHINERY PETE SEES A LOT OF VARIETY IN HIS TRAVEL TO AUCTION. TODAY HE TALKS SPECIFICS. GREG. ALL YOU ALLIS CHALMERS FANS OUT THERE. THIS WEEK'S REPORT IS JUST FOR YOU. A WEEK AGO SATURDAY  ON A FARM AUCTION EAST CENTRAL MISSOURI THIS 1984 ALLIS 0830 WITH ONLY 2101 HOURS ON IT  SECOND OWNER SOLD ON A FARM AUCTION FOR $30000. NOW IT'S THE SECOND HIGHEST AUCTION PRICE  I'VE EVER SEEN IN THE U.S. ON AN 8030 IT'S ONLY $250 OFF THE HIGH PRICE. NOW THAT SAME DAY  WE CAN GO SATURDAY. I COVERED A FARM RETIREMENT AUCTION RIGHT HERE IN SOUTHEAST MINNESOTA  WHERE THIS JUST GORGEOUS RESTORED 1972 ALLIS 220 TWO WHEEL DRIVE TRACTOR SOLD A TON OF  INTEREST IN THIS THING. ONE HOPES ON FOR $40000 WHICH THAT IS THE HIGHEST AUCTION PRICE I'VE  EVER SEEN ON A TWO WHEEL DRIVE 220. NOW THIS SAME SOUTHEAST MINNESOTA AUCTION IF WE STAY  IN AGGOLD GLEANER FAMILY AND A PAIR OF COLUMBINES AT A 2006 GLEANER R65 LONE HUNDRED  ENGINE HOURS ON IT. IT' SOLD FOR EIGHTY EIGHT THOUSAND DOLLARS WITH NO HEAD. AND THAT'S THE  HIGHEST AUCTION PRICE I'VE SEEN ON OUR 65 IN SIX YEARS. AND THE 1982 GLEANER N6 SERIES THREE  WITH TWENTY SIX HUNDRED TWELVE HOURS ON. WELL THAT'S OVER 12000 TO 500 WITH NO HEAD ALL TIME  RECORD HIGH PRICE. JUST MORE PROOF HERE FOLKS IT DOESN'T MATTER IF IT'S A GREEN RED BLUE OR  ORANGE IF YOU TAKE GREAT CARE OF YOUR EQUIPMENT IT WILL HOLD ITS VALUE. 

IN THE COUNTRY
UP NEXT - GRAB A PALE AND HEAD TO THE "YOU PICK" PATCH.  IN THE COUNTRY IS  NEXT. AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING.  FARMER-FIRST, WITH A PLAN FOR EVERY  MARKET.

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  SEE THE HARDEST WORKING  TRACTORS IN AG AT KUBOTA.COM.  OR VISIT YOUR LOCAL KUBOTA DEALER  TODAY. IF YOU HAVE A TASTE FOR FRESH FRUITS AND VEGETABLES - AND YOU'RE  WILLING TO DO A LITTLE WORK – YOU MIGHT ENJOY A VISIT TO A 'PICK-YOUR-OWN'  FARM.THIS TIME OF YEAR, MANY OF THESE FARMS FEATURE STRAWBERRIES,  BLUEBERRIES AND BLACKBERRIES. IN THIS REPORT PROVIDED BY THE U-T  INSTITUTE OF AG CHARLES DENNEY TAKES US TO AN OPERATION WHERE YOUR  HARD WORK YIELDS TASTY RESULTS.IT'S AS SIMPLE AS JUST SHOWING UP. BATEY FARMS IN MURFREESBORO INCLUDES THIS FIELD WITH BIG, DELICIOUS STRAWBERRIES. AT BATEY, THEY PROVIDE THE BUCKETS. YOU DO THE PICKING, AND PAY BY THE POUND. BRANDON WHITT: "YOU CAN GO OUT. YOU PICK AS MANY AS YOU LIKE. WE HAVE FOLKS LITERALLY COME UP AND GET TEN STRAWBERRIES. IT'S WHAT THEY WANTED FOR BREAKFAST THE NEXT MORNING, AND THEY COME AND BUY THOSE STRAWBERRIES. WE HAVE FOLKS COME IN AND BUY TEN GALLONS AT A TIME TO MAKE JAM WITH THE FAMILY." BRANDON WHITT AND HIS FAMILY'S OPERATION HAS BEEN AROUND SINCE 1807 – AN EIGHT GENERATION AGRI-BUSINESS WITH PRODUCE, ROW CROPS AND LIVESTOCK. THEY ALSO FEATURE BLUEBERRIES AND BLACKBERRIES, NOT QUITE READY FOR PICKING WHEN WE WERE THERE, BUT CLOSE. BATEY WILL ALSO GROW BARLEY AND OFFER A PICK-YOUR-OWN GARDEN THIS SUMMER WITH TOMATOES AND MELONS."YOU HAVE A FARM THAT'S THRIVING AND GROWING AND ADDING NEW BUSINESS VENTURES THAT REALLY CONTINUE THE PROGRESS OF OPENING THE FARM GATE TO THE COMMUNITY." CHARLES DENNEY: "OUR STATE'S CLIMATE WORKS WELL FOR FRUIT. PROVIDED WE DON'T HAVE A LATE SEASON COLD SNAP AND GET THE RIGHT AMOUNT OF RAIN, WE GROW A TASTY BERRY IN TENNESSEE." THE BATEY BERRIES GROW NEAR DOWNTOWN MURFREESBORO. AND SPEAKING OF GROWTH, RUTHERFORD COUNTY'S POPULATION IS RISING AT A NEAR HEAD-SPINNING RATE, HUNDREDS OF THOUSANDS OF POTENTIAL CUSTOMERS FOR THIS OPERATION.  "THEY WANT THAT EXPERIENCE IN THINK, AND THAT'S A LOT OF WHAT BATEY FARMS IS ABLE TO PROVIDE RIGHT HERE FOR PEOPLE. THEY CAN COME TO THE FARM AND GET A LITTLE OF THAT EXPERIENCE, AND THEN GO HOME."  BUT AS BRANDON WHITT LIKES TO POINT OUT, THESE BABIES DO FREEZE NICELY, SO PICK NOW AND ENJOY LATER. THIS FARM IS OPEN TO VISITORS, AND IF THE CUSTOMERS PUT IN A LITTLE ENJOYABLE LABOR, THE RESULTS ARE WORTH THE EFFORT. THIS IS CHARLES DENNEY REPORTING. CHARLES SAYS  2017 HAS BEEN CHALLENGING FOR MANY TENNESSEE FRUIT  PRODUCERS. SOME CROPS BLOOMED EARLY AFTER AN UNSEASONABLY WARM  WINTER. BUT THEN A HARD FREEZE THE SECOND WEEK OF MARCH HURT  PRODUCTION IN CERTAIN AREAS. 

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

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