AgDay Daily Recap -July 28, 2017

July 28, 2017 12:57 AM
 
AgDay

TODAY ON AGDAY
JULY 28, 2017


HEADLINES
A NEW CHALLENGE COULD MAKE EXPORTING BEEF TOUGH TO A TOP CUSTOMER.  MORE RED IS COLORED ON THE DROUGHT MONITOR.  COULD DETERIORATING SOYBEAN CONDITIONS GIVE PRICES A PUSH? AND CASHING IN ON THE SOLAR ECLIPSE.  AGDAY – BROUGHT TO YOU BY THE DEPENDABLE, LONG-LASTING CHEVY SILVERADO.

JAPAN BEEF TARIFF
GOOD MORNING I'M BETSY JIBBEN IN FOR CLINTON GRIFFITHS. AS U-S BEEF  EXPORTS TO JAPAN PUSH TO NEW LEVELS, THE COUNTRY THREATENS TARIFFS  TO PROTECT ITS DOMESTIC BEEF INDUSTRY. ACCORDING TO THE JAPAN TIMES, JAPAN IS LIKELY TO IMPOSE AN EMERGENCY  TARIFF ON U-S BEEF. IT WOULD PUSH THE CURRENT TARIFF FROM 38-AND-HALF  PERCENT TO FIFTY PERCENT ON FROZEN U-S BEEF. AGDAY HAS LEARNED AN  ANNOUNCEMENT IS EXPECTED LATER TODAY. THE TARIFFS COULD LAST  THROUGH MARCH OF 2018. ACCORDING TO PUBLISHED REPORTS JAPAN CAN AUTOMATICALLY INTRODUCE  THE TARIFF AS AN EMERGENCY MEASURE IF IMPORTS SPIKE TO JAPAN  BY MORE  THAN 17 PERCENT OVER THE PRIOR YEAR.  DROVERS EDITORIAL DIRECTOR GREG HENDERSON: "JAPAN IS OUR LEADING EXPORT MARKET WITH A VALUE LAST YEAR OF ABOUT 1.5 BILLION DOLLARS.  BUT THAT TOTAL SUGGESTS U.S. BEEF IS VERY POPULAR IN JAPAN AND AN INCREASE IN A TARIFF, AT LEAST IN  THE SHORT TERM, IS UNLIKELY TO DIMINISH THAT CONSUMER DEMAND. 1:33 MORE LIKELY IS THAT WE WILL  SEE THE TARIFF INCREASE AS A HICCUP IN JAPANESE BEEF EXPORTS AND MOTIVATION TO RENEGOTIATE  NEW TRADE AGREEMENTS."  COUNTRIES LIKE AUSTRALIA AND MEXICO ARE EXEMPT FROM THE HIKE BECAUSE  THEY HAVE A FREE TRADE PACT  WITH JAPAN. THE UNITED STATES, CANADA AND  NEW ZEALAND COULD ALL FACE A TARIFF INCREASE. THE POTENTIAL TARIFF BARRIER BY JAPAN COMES AT A TIME WHEN THE U.S. BEEF  HERD IS THE LARGEST IN NEARLY A DECADE.  ACCORDING TO USDA'S MID-YEAR CATTLE INVENTORY REPORT,  THE TOTAL HERD IS NOW 4 PERCENT BIGGER THAN LAST SUMMER AT 103 MILLION  HEAD.  BEEF COW NUMBERS ARE 7 PERCENT HIGHER...ALTHOUGH REPLACEMENT  HEIFER NUMBERS ARE ACTUALLY DOWN COMPARED TO A YEAR AGO. ANALYSTS  SAY THE NUMBERS SHOW BEEF COW HERD EXPANSION COULD LEVEL OFF  OKLAHOMA STATE LIVESTOCK MARKETING SPECIALIST DERRELL PEEL; "IT DOES SEEM TO CONFIRM WHAT WE'VE BEEN EXPECTING THAT HERD EXPANSION HAS PROBABLY  CONTINUED. AND IS CONTINUING IN HERE IN 2017. IF YOU LOOK AT THE BEEF COW INVENTORY RELATIVE TO  THE JANUARY ESTIMATE THAT WE HAD, 06 AND YOU LOOK AT THAT RATIO HAS COMPARED OVERTIME, THE  CURRENT RATIO SUGGESTS THAT WE'RE PROBABLY ADDING COWS TO INVENTORY HERE IN 2017.PEEL SAYS USDA HAS CANCELLED THE MIDYEAR CATTLE REPORT TWICE IN THE  LAST FIVE YEARS. SO IT MAKES IT DIFFICULT TO COMPARE THE REPORT WITHOUT  YEAR OVER YEAR COMPARISONS. 

MEXICANS PROTEST NAFTA
MEXICAN FARMERS TOOK TO THE STREETS OF MEXICO CITY DEMANDING MEXICO  WITHDRAW FROM THE AGRICULTURAL ASPECTS OF THE NORTH AMERICA FREE  TRADE AGREEMENT. THE PRESIDENT OF MEXICO'S NATIONAL FARMERS UNION SAYS THE  ORGANIZATION DISAGREES WITH THE RENEGOTIATION OF NAFTA. AS WE'VE BEEN REPORTING THE FIRST ROUND OF TALKS BETWEEN CANADA, THE  U-S AND MEXICO TO REVAMP NAFTA WILL TAKE PLACE IN WASHINGTON STARTING  ON AUGUST 16. MEXICO'S N-F-U SAYS FARM WORKERS HAVE NOT BENEFITED IN THE MORE THAN  TWO DECADES OF THE TRADE AGREEMENT. 

CALIFORNIA ALMOND BOOM
CALIFORNIA'S ALMOND BOOM IS BECOMING EVEN LARGER. ONE MILLION ACRES OF ALMONDS HAVE BEEN PLANTED IN CALIFORNIA. TO PUT IN  PERSPECTIVE, THAT EQUATES TO THE SIZE OF RHODE ISLAND! THE GROWTH IS DUE TO ASIA'S INCREASED APPETITE FOR ALMONDS. DAIRY  PRODUCERS SAY IT'S ONE OF THE MOST PROFITABLE CROPS THEY CAN GROW.  "IT'S BEEN A GOOD DIVERSIFICATION. THE ALMONDS COMING OFF HAS HELPED THE MILK CHECK AT TIMES  AND VICE VERSA."CALIFORNIA ALMONDS ARE NOT THE ONLY TREE NUT CROP GROWING.. THE  TEXAS PE-CAN CROP IS EXPECTED TO HAVE HIGH YIELDS AND INCREASE TO  POSSIBLY EXCEED 50 MILLION POUNDS.  TEXAS A AND M AGRILIFE SAYS THE STATE'S PE-CAN PRODUCTION IS CONCENTRATED IN WEST TEXAS. IRRIGATION HAS BEEN A NECESSILTY DUE TO  HOT AND DRY CONDITIONS. 

DROUGHT MONITOR
THE DROUGHT GROWING ACROSS THE UNITED STATES. THE LATEST DROUGHT  MONITOR SHOWS  IN MONTANA, EXCEPTIONAL DROUGHT JUMPED UP 10 POINTS IN A WEEK. NEARLY 12 PERCENT OF THE STATE SEEING  THAT MOST-INTENSE LEVEL OF DROUGHT. ANOTHER 24% IS UNDER EXTREME  CONDITIONS.  IN NEIGHBORING NORTH DAKOTA   NEARLY EIGHT PERCENT OF THE STATE IS  SEEING EXCEPTIONAL DROUGHT.  THIRTY EIGHT PERCENT IS UNDER EXTREME  DROUGHT. IN THE CORN BELT SEVERE DROUGHT CONDITIONS HAVE NOW APPEARED IN SOUTH CENTRAL IOWA. BUT IT'S LIMITED TO 1.66%. MODERATE DROUGHT GREW  12 POINTS TO 34-PERCENT.  ALL STATES EAST OF THE MISSISSIPPI RIVER REMAIN  DROUGHT FREE BUT THERE PATCHES OF ABNORMAL DRYNESS.

CROP COMMENTS
MIKE HOFFMAN JOINS US THIS MORNING WITH A LOOK ACROSS FARM COUNTRY.  MIKE.  GOOD MORNING, BETSY.  LET'S START OFF NEAR READLYN, IOWA. STEVE RATH-E SENDING US SOME  WAIST-HIGH SOYBEANS IN HIS AREA. HE SAYS THE CROP LOVES THE RECENT  RAINS.  USDA SAYS 62 PERCENT OF THE IOWA SOYBEAN CROP IS RATED GOOD TO  EXCELLENT.  AND CASEY COOKSLEY IN CUSTER COUNTY, NEBRASKA SENDING US A VIEW OF  'ANOTHER DAY IN THE OFFICE.' ACCORDING TO USDA, 27 PERCENT OF THE  NEBRASKA PASTURE AND RANGE CONDITION IS RATED GOOD TO EXCELLENT.  AND NOW HERE'S SOME OF YOUR HOMETOWN TEMPS.  VISIT FARM JOURNAL PRO.COM.  TRUSTED ANALYSIS, PROFESSIONAL INSIGHT. FARM JOURNAL  PRO.COM.

TEASE
WEATHER TAKES A BITE OUT OF CROP CONDITIONS. COULD THAT LEAD TO GRAIN  MARKET FIREWORKS LATER THIS SUMMER? WE'LL EXPLORE, NEXT IN  AGRIBUSINESS. WE HEAD TO FARM JOURNAL COLLEGE TO SEE HOW YOU CAN MANAGE RESIDUE  DEPENDING ON YOUR TILLAGE PRACTICES.PLUS A BIG SOLAR EVENT IS COMING-UP IN A FEW WEEKS. BUT SOME COMPANIES HAVE BEEN THINKING ABOUT THE ECLIPSE FOR YEARS. WE'LL VISIT ONE COMPANY HOPING TO SCORE SOME BIG SOLAR SALES.

FLOOR OF THE CME
IN AGRIBUSINESS TODAY WE SEE GREEN ACROSS THE GRAIN BOARDS. LET'S  HEAD TO THE CME FOR AN UPDATE ON THURSDAY'S CLOSE. ACTING RELATIVELY NICE HERE THROUGHOUT THE MORNING SESSION INTO THE AFTERNOON AS WE KIND OF  HEAD TOWARDS THE WEEKEND PROBABLY GET SOME WEATHER PREMIUM COMING IN. WITH THAT BEING  AN UNCERTAINTY AHEAD OF THE WEEKEND. NOW WE'VE KIND OF BEEN UNDER SOME PRESSURE OFF OF  THE RECENT HIGHS BUT AGAIN WE HELD THE SUPPORT RELATIVELY WELL IF YOU LOOK BACK OVER THE LAST  YEAR WE'VE SPENT ABOUT 90 PERCENT OF THE TIME IN ABOUT A 20 CENT RANGE FROM 375 TO 395 AND  WE'RE KIND OF CONTINUING TO PLAY THAT RANGE I THINK WE COULD POTENTIALLY GET A BREAKOUT IF SOME  OF THESE WEATHER CONCERNS DO PLAY OUT AND WE SEE YIELD POTENTIAL REALLY DROP. WE'LL GET A  BETTER IDEA OF THAT GOING FORWARD IN THE COMING WEEKS. THE CATTLE COMPLEX KIND OF TAKING A  LITTLE BIT OF A BREATHER AFTER A VERY ROUGH START TO THE WEEK AFTER THAT MASSIVE CATTLE ON FEED  REPORT THAT WE GOT LAST FRIDAY. I DO THINK THERE IS MORE DOWNSIDE POTENTIAL BUT THERE IS SOME  CHART WORK THAT NEEDS TO BE DONE BEFORE WE RESUME THE LOWER TRADE. NOW ON THE FEEDER  CATTLE SIDE OF THINGS WE'RE LOOKING AT 150-152 BEING KEY TECHNICAL RESISTANCE I THINK IF YOU  HAVE AN OPPORTUNITY TO SELL UP THERE WHETHER YOU'RE A SPECULATOR OR A PRODUCER THAT'S AN  OPPORTUNITY TO DO SO. LOOK FOR A LOWER TRADE RETESTS THE 1:42. THAT MIGHT HOLD ON FIRST TEST  SUPPORT. BUT I THINK ULTIMATELY WE BREAK DOWN AND SEE A 1:37 BEFORE IT'S ALL SAID AND DONE.

AGRIBUSINESS
USDA'S  LATEST CROP PROGRESS REPORT SHOWS 57 PERCENT OF THE  SOYBEAN CROP IS RATED GOOD TO EXCELLENT AS OF MONDAY. THAT'S A 4 POINT  DECLINE IN JUST A WEEK. SO, COULD DETERIORATING CONDITIONS LIGHT A FIRE  IN THIS SOYBEAN MARKET? HERE'S TYNE MORGAN.   HERE NOW WITH NAOMI BLOHM OF STEWART PETERSON. NAOMI I KNOW SITTING HERE KIND OF AT THE  END OF JULY STILL SO MANY UNKNOWNS WITH THIS THAT WE'VE BEEN SINCE IT IS MADE IN AUGUST BUT  DO YOU THINK THERE'S POTENTIAL FIREWORKS IN THE SOYBEAN MARKET. ABSOLUTELY THERE IS AND IT'S  ALREADY STARTING TO UNFOLD WITH THE MARKET ANTICIPATING HOW THE CROP RATINGS JUST AREN'T THERE COMPARED TO OTHER YEARS AND THEN SOME OF THOSE KEY GROWING AREAS LIKE THE DAKOTAS. 14  PERCENT OF OUR NATION'S CROP COMES FROM THE DAKOTAS AND THOSE GOOD TO EXCELLENT CATEGORIES  LIKE IN SOUTH DAKOTA IS 33 PERCENT HORRIBLE. AND IN NORTH DAKOTA IT'S 25 PERCENT POOR TO VERY  POOR. SO YOU KNOW YOU'RE NOT GOING TO HAVE THOSE TREND LINE YIELDS. STATISTICALLY IT'S REALLY SMALL ODDS OF HAPPENING. BUT THE QUESTION IS HOW MUCH BELOW TREND LINE WILL WE BE. AND SO IF  WE COME IN AT FORTY FIVE BUSHEL TO THE ACRE THAT. IS YOU KNOW HISTORICALLY THAT'S NOT A BAD  NUMBER BUT MATHEMATICALLY RIGHT NOW WHAT THAT WOULD MEAN TO ENDING STOCKS IS THAT THEY'RE  CUT IN HALF. THEY GO BELOW 200 MILLION BUSHELS. AND ANY PERCEPTION THAT THAT'S GOING TO  HAPPEN IS GOING TO LEAD FOR THE MARKET TO RALLY AND 10.50 HAS BEEN A NICE RESISTANCE AREA ON  THESE CHARTS. SHOULD YOU BE MAKING SALES. YEA, YOU SHOULD BE MAKING SALES. BUT THERE IS  POTENTIAL UPSIDE THERE TO THE TUNE OF $11 TO $11.50 AND GET YOUR ORDERS IN THE ELEVATORS.  MAKE THOSE SALES. BUT HOW LONG DO YOU THINK A SUPPLY DRIVEN MARKET CAN LAST.THAT IS AN IMPORTANT QUESTION BECAUSE THE ANSWER IS USUALLY NOT LONG ENOUGH BECAUSE THEN  WE ARE GOING TO HAVE SOUTH AMERICA PLANTING A HUMONGOUS CROP AND GLOBALLY SPEAKING  ENDING STOCKS ARE STILL SUFFICIENT. SO ON THESE RALLIES IF THEY COME MAKE THE SALE. MAKE SURE  YOU MAKE THE SALE CASH SALES. ALL RIGHT. SO A NEW CROP AT THIS POINT IN THE GAME. HOW MUCH  WOULD YOU HAVE. HAVE PRICED IF WE DO START TO SEE THIS RALLY AND LET'S SAY PRICES DO HIT $11.  YEAH ABSOLUTELY. SO I THINK A LOT OF PRODUCERS RIGHT NOW ARE ANYWHERE BETWEEN A THIRD SOLD  GETTING CLOSER TO A HALF SOLD WITH THE RALLIES THAT WE'VE HAD BECAUSE NOW WE'RE AT THE BEST  PRICES OF THE YEAR AGAIN. RIGHT. AND SO IF WE CAN GO A LITTLE FURTHER YOU KNOW IF YOU ARE COMFORTABLE WITH YOUR CROP.  ABSOLUTELY GET TO 50 PERCENT IF NOT A LITTLE MORE. IF YOU'RE NOT QUITE SURE THEN I WOULD HOLD  BACK AT 50 PERCENT. BUT TAKE ADVANTAGE OF THOSE RETURNS. ALL RIGHT THANKS NAOMI WE  APPRECIATE IT. STAY WITH US. MUCH MORE AGDAY WHEN WE COME BACK.


WEATHER
WELCOME BACK TO AGDAY WITH METEOROLOGIST MIKE HOFFMAN. MIKE IT LOOKS AS IF THE SOUTH EAST  MAKE ITS WAY HERE. YEAH IT LOOKS LIKE IT. THIS FRONT'S GOING TO CONTINUE TO MOVE SOUTHWARD BRINGING SOME SHOWERS  AND THUNDERSTORMS. AND WHAT'S REPLACING THAT MOISTURE IS GOING TO BE A HUGE DOME OF COOLER  DRIER AIR WITH THAT HIGH PRESSURE SYSTEM SETTLING INTO THE WESTERN GREAT LAKES. YOU CAN SEE  OUT WEST WE CONTINUE TO HAVE THE LOW ON THE SOUTHWEST WHICH IS TYPICAL FOR THIS TIME OF THE  YEAR WITH SOME SCATTERED MAINLY AFTERNOON SHOWERS AND THUNDERSTORMS SO PUTTING THE MAPS  INTO MOTION YOU CAN SEE THE SHOWERS AND THUNDERSTORMS WITH THIS AREA OF LOW PRESSURE  MOVING THROUGH KENTUCKY AND TENNESSEE. THAT WILL BE PUSHING SOME MOISTURE INTO THE MID- ATLANTIC STATES AS WE HEAD THROUGH THE REST OF THE DAY TODAY AND THE NEXT COOL FRONT REALLY  NOT MAKING MUCH PROGRESS. IT MAY TOUCH OFF SOME VERY SCATTERED SHOWERS AND  THUNDERSTORMS. PARTS OF THE DAKOTAS YOU COULD USE ANYTHING YOU COULD GET OBVIOUSLY BUT AT  THIS POINT IT LOOKS WIDELY SCATTERED RIGHT NOW TONIGHT. THEN THE AREA OF LOW PRESSURE MOVING  INTO THE CAROLINAS AND VIRGINIA AND IT LOOKS LIKE THAT WILL BE THE MAIN FOCUS FOR SHOWERS AND  THUNDERSTORMS AS WE HEAD INTO THE FIRST PART OF THE WEEKEND TOMORROW MORNING. THAT STORM  SYSTEM MOVES OFF SHORE AND LOOK AT THAT HUGE DOME OF HIGH PRESSURE RING OF FIRE WE KIND OF  CALL THIS AROUND A DOME OF HIGH PRESSURE LIKE THAT BECAUSE SHOWERS AND THUNDERSTORMS ALL  AROUND IT BUT THROUGHOUT THE MOST PART THE CORN BELTS PRETTY MUCH DRY AS WE HEAD THROUGH  MOST OF THIS COMING WEEKEND. AND TAKE A LOOK AT PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS. MOST OF THE MOISTURE HAS BEEN IN THE OHIO RIVER VALLEY INTO THE CENTRAL PLAINS. ADDING IN THE NEXT 36 HOURS YOU CAN SEE WE JUST KEEP SHOVELING THAT AREA FARTHER INTO THE  SOUTHEAST WITH SOME BETTER AND BETTER CHANCES THE FARTHER SOUTH YOU GO INTO THE HEAT AND  HUMIDITY AND OF COURSE THERE WILL BE THAT TO HIT AND MISS STUFF FROM THE BLACK HILLS OF SOUTH  DAKOTA ALL THE WAY THROUGH THE FOUR CORNER REGION. TAKE A LOOK AT TEMPERATURES HIGH IS STILL  VERY HOT IN TEXAS IN THE SOUTHEAST PRETTY MUGGY DOWN THERE. YOU SEE THE COOLER AIR HIGHS  ONLY IN THE 70S ALL THE GREAT LAKES. MOST OF THE NORTHEASTERN STATES. YOU CAN SEE LOW  TEMPERATURES TONIGHT GOING TO DROP OFF INTO THE 50S IN THE NORTHERN GREAT LAKES EVEN PARTS OF  THE OHIO RIVER VALLEY INDIANA OHIO GOING TO BE INTO THE 50S AS WELL MORE PLEASANT CONDITIONS  IN THE WESTERN PLAINS ALSO. IT'S STILL MUGGY SOUTH OF THAT FRONT. HIGH TEMPERATURES TOMORROW  AFTERNOON 90S AND EVEN A FEW 100S IN TEXAS. OTHERWISE IT'S NOT QUITE AS HOT AS IT HAS BEEN IN  MOST OF THE PLAINS IN THE SOUTHEAST BUT BOY THE OHIO RIVER VALLEY GREAT LAKES NORTHEAST  THAT'S VERY PLEASANT AIR ALL BEING BROUGHT IN BY THIS TROUGH. YOU CAN SEE THE RIDGE TRIES TO  COME BACK IN BUT THEN THE NEXT TROUGH KIND OF DIGS IN AS WE HEAD INTO NEXT WEEK AND IT LOOKS  LIKE BASICALLY A HOT PATTERN CONTINUES OUT WEST AND OCCASIONALLY COOL FARTHER NORTHEAST. THAT'S  A LOOK ACROSS THE COUNTRY NOW. TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL FOR DENVER  COLORADO VARIABLY CLOUDY A SPOTTY AFTERNOON THUNDERSTORM HIGH OF 86. WINONA MISSISSIPPI  HOT AND HUMID AN AFTERNOON THUNDERSTORM LIKELY WITH A HIGH OF 87 AND DOVER DELAWARE  BECOMING CLOUDY. SHOWERS AND THUNDERSTORMS LIKELY TODAY HIGH OF 84.

TEASE
NEXT WE'RE OFF TO FARM JOURNAL COLLEGE TO EXPLORE WAYS TO MANAGE  CROP RESIDUE. AND LATER WE'LL SEE HOW ONE COMPANY IS TRYING TO PROTECT EYES AROUND THE COUNTRY WHEN THE SOLAR ECLIPSE ARRIVES NEXT MONTH.

FARM JOURNAL COLLEGE TV
IN TODAY'S FARM JOURNAL COLLEGE T-V CLINTON GRIFFITHS IS OUT ON THE  FIELD WITH FARM JOURNAL WHEAT AGRONOMIST PHIL NEEDHAM. THEY'RE  LOOKING AT WAYS TO MANAGE CROP RESIDUE NO MATTER YOUR TILLAGE  PRACTICES. PHIL WE WANT TO TALK ABOUT MANAGING RESIDUE IN CERTAIN TILLAGE SITUATIONS RIGHT. SO WE HAVE  NO-TILL VERSUS CONVENTIONAL TILL AND THE WAY THAT WE MANAGE RESIDUE AND HOW IT IMPACTS ARE  PLANTING PASS IS REALLY GOING TO BE A LOT DIFFERENT. TALK A LITTLE BIT ABOUT THAT BECAUSE HERE WE  SEE A LOT OF RESIDUE VERSUS NON. AND WHAT WE SEE IS IS A BIG DIFFERENCE. I'VE OFTEN TOLD GROUPS  OF NO-TAIL LOSE THE RESIDUE MANAGEMENT IS THE CORE OF NO TILL THE CORE OF SUCCESSFUL LONG TERM  NO TILL OK SO IN A NO TILL SYSTEM YOU DON'T HAVE OPPORTUNITIES TO MOVE RESIDUE AROUND OR BURY  OBVIOUSLY SEEMS ABSOLUTELY GOING TO SPREAD THE RESIDUE WHICH IS GOING TO BE A BIG CHALLENGE  BECAUSE A LOT IF NOT MOST OF THE COMBINE MANUFACTURERS ARE BRINGING OUT BIGGER AND BIGGER  AND BIGGER COMBINES RIGHT AND THEY'RE COMING OUT WITH BIGGER AND BIGGER HEADS. BUT THEY'RE  NOT DOING MUCH IF ANYTHING TO IMPROVE THE RESIDUE DISTRIBUTION OUT OF THE BACK AND IN MY  OPINION THE HEADS AND THE COMBINE THEMSELVES ARE GETTING BIGGER FASTER THAN THE  IMPROVEMENTS OF THE BACK OF THE COMBINE TO SPREAD THE RESIDUE. OKAY OKAY. WHICH PRESENTS  ITS OWN CHALLENGE A BIGGER PROBLEM ALL THE TIME. SO JUST AS YOU'VE SAID SO SO OVER HERE WE  GOT A LOT OF RESIDUE AS YOU CAN SEE A HIGH CONCENTRATION OF CORNSTALKS COMPARED TO OVER  HERE. THERE'S VERY LITTLE TO NO RESIDUE. RIGHT. AND WHAT WE'VE SEEN IN THIS FIELD FOR EXAMPLE  WE'VE GOT DIFFERENCES IN SEEDING DEPTH. THIS FEELS JUST BEING SEATED. SO WE'VE GOT  DIFFERENCES IN SEEDING DEPTH JUST AS A RESULT OF THE TILLAGE FACT AND THE COMBINATION OF RESIDUE  MANAGEMENT. OKAY MEANING WHERE WE GOT RESIDUE IS HOLDING THE OPENINGS OUT OF THE  GROUND ON THE DRILL SO THE SEEDING DEPTH IS SHALLOW. SOME OF THESE SEED SEEDS ARE CLOSER ON  THE SOIL SURFACE WITHIN THE RESIDUE. SURE. OVER HERE WE'VE GOT LOOSE SOIL NO RESIDUE TO HOLD  THE OPENINGS UP. AND THE SEEDS ARE DEEPER. SO WE'RE GOING TO REALLY DEEP FOR INSTANCE IN  THIS PART OF IT IS WHAT I CALL INDIRECT IN THE TILLAGE EQUIPMENT. THE DISK DIDN'T DIDN'T BURY THIS OR  DIDN'T GO INTO THIS RESIDUE VERY WELL BECAUSE THE RESIDUE WAS TOUGH AND HEAVY AND DAMP SO  PRETTY MUCH THE DISK WAS KIND OF SCRAPING ALONG THE TOP. A LOT OF THIS RESIDUE COMPARED TO  OVER HERE WITH NO RESIDUE PRESENT. THE DISK IS ENGAGING THE SOIL MUCH DEEPER. OK. AND THEN  WHEN WE COME WITH THE NEXT PASS WITH THE CEDAR THE DIFFERENCES IN SEATING DEPTH AGAIN AS A  RESULT OF THE RESIDUE MANAGEMENT AND ITS EFFECT ON THE TILLAGE EQUIPMENT SURE AND EVEN HERE  JUST TAKEN TWO SECONDS TO KIND OF MOVE SOME RESIDUE BACK AND YOU CAN SEE THE SEEDS  SITTING RIGHT HERE ON TOP OF THE SOIL. SO ABSOLUTELY STARTS WITH THE CONVENTIONAL OR NO TILL OR  MEANT TO. YOU'VE ABSOLUTELY GOT TO DO A GREAT JOB SPREADING RESIDUE HARVESTING AND THAT'S  WHERE WE STARTS.

TEASE
IN JUST A FEW SHORT WEEKS THIS COUNTRY WILL WITNESS ONE OF THE  GREATEST SHOWS IN THE UNIVERSE - A RARE SOLAR ECLIPSE. WE'LL VISIT ONE COMPANY WHO'S GEARING-UP FOR THE DISPLAY. IN THE COUNTRY - SPONSORED BY KUBOTA'S BV4580 ROUND BALER. LEARN MORE AT KUBOTA.COM  OR VISIT YOUR LOCAL KUBOTA DEALER TODAY.

IN THE COUNTRY
MILLIONS OF EYES WILL BE FIXED ON THE SKY WHEN A TOTAL SOLAR ECLIPSE  CROSSES THE U.S. IN AUGUST. IT'S LIKELY MANY OF THOSE EYES WILL BE SAFELY  BEHIND ECLIPSE GLASSES MADE BY A TENNESSEE COMPANY, ONE OF MANY  BUSINESSES CASHING IN ON THE ECLIPSE. STACEY PLAY-SAHNS HAS MORE ON  THE SOLAR SALES. MILLIONS OF AMERICANS WILL SOON BE WEARING THESE SPECIAL GLASSES, AS  ALL EYES TURN TO THE SKY FOR A TOTAL SOLAR ECLIPSE ON AUGUST TWENTY- FIRST. "PRETTY COOL RIGHT" THE ECLIPSE WILL LAST LESS THAN THREE MINUTES… BUT ONE TENNEESSEE COMPANY HAS BEEN PREPARING FOR THIS MOMENT … FOR YEARS. AMERICAN PAPER OPTICS SPECIALIZES IN MAKING 3-D GLASSES, BUT COMPANY  PRESIDENT JOHN JERIT KNEW THERE WOULD BE A MARKET FOR SPECIAL  ECLIPSE GLASSES. THE ONLY SAFE WAY TO VIEW A SOLAR ECLIPSE IS THROUGH  SPECIAL SOLAR FILTERS. IT'S WHY REGULAR SUNGLASSES AREN'T  RECOMMENDED. JOHN JERIT, PRESIDENT OF AMERICAN PAPER OPTICS: "TWO YEARS AGO WE  STARTED PREPARING FOR IT, FIRST WITH THE DEVELOPMENT OF A WEBSITE, ECLIPSEGLASSES.COM, AND  THEN STARTED TO DESIGN DIFFERENT STOCK BRANDS AND GETTING THE WORD OUT TO PEOPLE THAT THIS IS  GOING TO BE A BIG OPPORTUNITY FOR BRANDING AND MARKETING AND GIVING AWAY OF ECLIPSE  GLASSES." THE COMPANY HAS ALREADY MADE 40 MILLION GLASSES WITH PLANS FOR  ANOTHER 10 MILLION BEFORE THE BIG EVENT – THAT'S WHEN THE MOON WILL  PASS BETWEEN THE EARTH AND SUN, CASTING A SHADOW. THE PATH OF TOTALITY – WHERE THERE WILL BE MINUTES OF TOTAL DARKNESS – WILL STRETCH FROM THE NORTHWEST IN OREGON AND DIP DOWN TO SOUTH  CAROLINA. CITIES AND TOWNS IN THE PATH ARE GEARING UP FOR A BOOM IN VISITORS … FIND EVERYTHING OKAY?" AND BUSINESS. DERRICK ROHL, PLANETARIUM MANAGER, ADVENTURE  SCIENCE CENTER: "WE HAVE PEOPLE WHO ARE MAKING ALL OF THESE PLANS, COMING FROM ALL  AROUND THE WORLD JUST TO SEE THE ECLIPSE." THE SCIENCE CENTER IS HOSTING TWO DAYS OF EVENTS AHEAD OF THE ECLIPSE  – AND WILL BE THE SITE OF A WEDDING THE MORNING OF. DERRICK ROHL, PLANETARIUM  MANAGER, ADVENTURE SCIENCE CENTER: "FOR US TO HAVE THAT SHADOW OF THE MOON COMING RIGHT  OVER THE SCIENCE CENTER HERE IS A GREAT, GREAT RESOURCE FOR US. WE CAN STAY PUT, PUT ON THIS MASSIVE EVENT AND REACH SO MANY MORE PEOPLE THAT WAY." JERIT SAYS HIS COMPANY IS  WORKING HARD TO MEET DEMAND. THEY'RE ONE OF FOUR MANUFACTURERS  THAT HAVE CERTIFIED THEIR GLASSES MEET INTERNATIONAL STANDARDS. JOHN  JERIT, PRESIDENT OF AMERICAN PAPER OPTICS: "ON A GOOD DAY IN AN HOUR WE ARE CRANKING OUT  50,000 GLASSES." THE PAPER GLASSES COST ABOUT TWENTY-FIVE CENTS TO MAKE  AND RETAIL FOR ROUGHLY TWO DOLLARS – OR MORE FOR THE PLASTIC  VERSION. A SMALL PRICE …FOR A GLIMPSE AT WHAT IS EXPECTED TO BE AN  UNFORGETTABLE SIGHT. STACEY PLAISANCE, ASSOCIATED PRESS.

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

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