AgDay Daily Recap -March 13, 2017

March 13, 2017 02:57 AM
 

TODAY ON AGDAY
MARCH 13, 2017


HEADLINES
THE AG SECRETARY NOMINEE MOVES FORWARD. PLUS,  "I'M MICHELLE ROOK HERE AT COMMODITY CLASSIC WHERE THE BIG BUZZ WAS ABOUT  POSSIBLE CHANGES IN RENEWABLE FUELS POLICY.  I'LL HAVE THE DETAILS TODAY ON AGDAY." IN  AGRIBUSINESS...ARE WE IN A TRADE WAR WITH CHINA? MACHINERY PETE SAYS HE'S SEEING SOME IMPRESSIVE SKID STEER PRICES. AND THIS ROAD TESTED ROBOT IS READY TO MAKE A SPECIAL DELIVERY AT A TOWN  NEAR YOU. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING  CHEVY SILVERADO.

PURDUE PAPERWORK FILED
GOOD MORNING I'M CLINTON GRIFFITHS.  AN NEW SECRETARY OF AGRICULTURE IS ONE STEP CLOSER TO REALITY. PAPERWORK FOR SONNY PERDUE HAS NOW OFFICIALLY BEEN FILED --AND  REFERRED TO THE SENATE AG COMMITTEE.  SENATE AG COMMITTEE CHAIR PAT ROBERTS SAYS AS SOON AS THEY GET THE  FBI BACKGROUND CHECK BACK, A HEARING CAN BE SCHEDULED.  THE FORMER GEORGIA GOVERNOR DEALING WITH SCRUTINY LAST WEEK AS  SEVERAL GROUPS ARE ACCUSING HIM OF ETHICS VIOLATIONS. AMERICAN FARM BUREAU PRESIDENT ZIPPY DUVALL IS A FELLOW GEORGIAN  WHO SAYS, "I DON'T THINK YOU'RE GOING TO FIND A MAN ANY MORE ETHICAL  THAN SONNY PERDUE.  THESE NEW QUESTIONS ARE LIKELY TO COME UP DURING HIS CONFIRMATION  HEARING.

RFS DEAL STRUCK
RENEWABLE FUELS POLICY HAS BEEN A BIT OF AN UNKNOWN UNDER THE NEW  ADMINISTRATION, JUST A FEW WEEKS AGO PRESIDENT TRUMP SENT A LETTER TO  THE RENEWABLE FUELS ASSOCIATION COMMITTING TO UPHOLD THE RENEWABLE  FUELS STANDARD.  BUT REPORTS FROM RFA THE FOLLOWING WEEK THAT A DEAL  HAD BEEN STRUCK ON RENEWABLE FUELS POLICY STARTED A FIGHT WITHIN THE  INDUSTRY.  THE WHITE HOUSE DENIED THE DEAL OR PENDING EXECUTIVE  ORDERS.  AGDAY'S MICHELLE ROOK FOLLOWED THE STORY AS IT UNFOLDED AT  COMMODITY CLASSIC. A POSSIBLE CHANGE IN THE NATION'S BIOFUELS POLICY WAS THE BIG NEWS  AMONG FARM GROUPS HERE AT COMMODITY CLASSIC.   IT STEMMED FROM A LIKELY EXECUTIVE ORDER TO CHANGE THE POINT OF OBLIGATION IN THE RENEWABLE  FUELS STANDARD, WHICH IS OPPOSED BY THE ETHANOL INDUSTRY.   "WITH THAT WOULD COME TREMENDOUS UPHEAVAL FOR THE  RENEWABLE FUELS STANDARD.  WE'RE TALKING ABOUT 100S MORE OBLIGATED PARTIES."  IN EXCHANGE A DEAL WAS REPORTEDLY STRUCK IN WASHINGTON BY RFA TO LIFT THE REID VAPOR  PRESSURE RULE."IT PROVIDES THE OPPORTUNITY FOR  MARKETERS TO SELL E15 YEAR ROUND, SOMETHING THAT THEY DO NOT HAVE TODAY."    DINEEN SAYS THEY OPPOSE THE OBLIGATION CHANGE, BUT IF IT WAS A DONE DEAL THEY WANTED  EXPANSION OF THE E15 MARKET. DINEEN, "I'M GONNA MAKE SURE THAT IF THIS CHANGE OCCURS THAT OUR REGULATORY ISSUES ARE ALSO  ADDRESSED."BUT LET THE REFINERS AND THE MARKETERS WORRY ABOUT WHO HAS THE OBLIGATION.  I DON'T  CARE.  I'M FOCUSED ON HOW I CAN GROW DEMAND." FUELS AMERICA MEMBERS FIRED BACK SAYING IT WAS A BAD DEAL THAT WOULD TAKE THE ECONOMIC  INCENTIVE AWAY FROM RETAILERS TO SELL E15 OR HIGHER BLENDS. SKOR, "TRADING RVP FOR POINT OF OBLIGATION IS A BAD DEAL FULL STOP."    SKOR, "AND THEY HAVE TOLD ME UNEQUIVOCALLY IF THIS DEAL GOES THROUGH WE WILL STOP SELLING E15 BECAUSE WE  HAVE NO INCENTIVE TO DO SO."     MEANWHILE, LEGISLATION HAS BEEN INTRODUCED TO EXPAND THE RVP WAIVER. SKOR, "WE ALL WANT REID VAPOR PRESSURE WAIVER.  EPA COULD DO THAT ITSELF, BUT THE PERMANENT  ABSOLUTE FIX WOULD BE THROUGH CONGRESS."    BIODIESEL SUPPORTERS WERE ALSO ENCOURAGED BY THE ADMINISTRATION'S CALL TO REINSTATE THE $1  PER GALLON BIODIESEL TAX CREDIT, WITH A CHANGE ALLOWING USE ONLY BY U.S. BLENDERS.     "WE BELIEVE THAT IF WE TRULY WANT TO SUPPORT THIS INDUSTRY THAT WE NEED TO CHANGE THIS TO A PRODUCER'S CREDIT."  "PAYING A CREDIT TO THE SOUTH AMERICANS OR TO THE  ARGENTINIANS WON'T WORK GOING FORWARD.  THAT MEANS THAT WE COULD BUMP UP U.S. SOYBEAN  OIL USAGE FOR BIODIESEL BY SOME 6 OR 800 MILLION POUNDS."    SO FAR, THE WHITE HOUSE HAS YET TO CONFIRM THE ORDER.  AT COMMODITY CLASSIC I'M MICHELLE  ROOK REPORTING FOR AGDAY.

ASKING TRUMP TO SUPPORT RFS
A LETTER TO THE PRESIDENT ASKING HIM TO SUPPORT THE RFS.  AND THE  ETHANOL INDUSTRY CONTINUES TO WORK WITH EPA ON BOTH POLICY ISSUES.   RIGHT NOW THERE ARE 150 REFINERS AND FUEL IMPORTERS IN THE U-S WHO  ARE RESPONSIBLE FOR THE "POINT OF OBLIGATION". BUT IF THAT CHANGES - AS  SOME HAVE SPECULATED - THAT JOB WOULD FALL ON BLENDERS AND  TERMINALS, WHICH NUMBER A THOUSAND. ENERGY POLICY SPECIALIST WALLY TYNER FROM PURDUE UNIVERSITY SAYS  THAT WOULD INCREASE COMPLIANCE COSTS. REGARDLESS, TYNER BELIEVES CORN ETHANOL IS TOO FAR ENTRENCHED IN THE  FUEL INDUSTRY TO BE IMPACTED EVEN IF THERE'S A CHANGE TO THE R-F-S. "IN ABOUT 2009 OR 2010 REFINERS DECIDED HEY THIS ETHANOL IT ADDS A LOT OF  OXYGEN TO THE FUEL IT MAKES IT BURN CLEANER IT ADDS OCTANE TO THE FUEL  AND WE CAN PRODUCE A LOWER OCTANE GASOLINE OUT OF THE REFINERY AN  84 INSTEAD OF AN 87 IT'S CHEAPER TO PRODUCE 84 THAN IT IS TO PRODUCE 87  WE CAN THEN BLEND 130 OCTANE 13 OCTANE ETHANOL WITH THAT 84 AND 'VOILA"  WE HAVE 87 AT THE PUMP ." TYNER BELIEVES IF BIODIESEL AND CELLULOSIC ETHANOL ARE MOST AT RISK IF  THERE ARE MAJOR CHANGES TO THE RENEWABLES STANDARD SINCE THOSE  FUELS ARE FALLING SHORT ON MEETING THE MANDATED LEVELS.

WILDFIRE UPDATE
RESPONDERS HAVE GOTTEN THE UPPER HAND ON WILDFIRES THAT HAVE SCORCHED MORE THAN 700-THOUSAND ACRES IN THE STATE OF KANSAS. BUT  THE RISK REMAINS HIGH FOR FLARE-UPS. THE STATE'S OFFICE OF EMERGENCY  MANAGEMENT SAYS THE MAJORITY OF GRASSFIRES NOW UNDER CONTROL  ACROSS THE STATE. ATTENTION NOW TURNS TO WASHINGTON TO SEE IF DISASTER DECLARATIONS  WILL BE ANNOUNCED FOR THE VICTIMS OF THE WILDFIRES. WE HAVE TALKED TO THE VICE PRESIDENT YESTERDAY MORNING WE'VE  INFORMED HIM ABOUT THE SEVERITY OF THIS FOUR STATE WILDFIRE SITUATION  THE LARGEST WILDFIRE ON NON FEDERAL LANDS IN OUR HISTORY AND SO MIKE  PENCE IS FULLY AWARE OF THAT HE IS TELLING THE PRESIDENT SAM OUR  GOVERNOR IN KANSAS AND I KNOW THE OTHER GOVERNORS HAVE APPEALED FOR AN EMERGENCY DECLARATION THAT WILL BE FORTHCOMING

CROP COMMENTS
LET'S HEAR NOW FROM SOME RESILIENT RANCHERS NEAR THE BLAZE. CINDI CLAWSON HAS AN UPDATE.  GOOD MORNING, CLINTON.  PAT MCDOWELL SENDING US THIS PHOTO OF THE CALM- A WELCOME SIGN OF  A  WINDMILL NOT TURNING IN SHAMROCK, TEXAS.  PAT SAYS HE IS READY FOR A LITTLE RAIN WHEN THE TIME IS RIGHT.  THAT'S BECAUSE HIS MAIN RANCH MISSED THE WILDFIRES BY SIX MILES. OTHERS  ARE MUCH WORSE.  HE SAYS A LOT OF HAY HAS BEEN DONATED BUT THE BIGGEST NEED RIGHT NOW  MAY BE DIESEL.  AND A.T. GRAHAM POSTING THIS PHOTO ON TWITTER. HE SAYS FROM THE ASHES COMES A LIFE. MAMA COW IS A LITTLE BURTN BUT  SHE'S DOING JUST FINE, AS IS BABY.  WHAT A SIGHT.  AND NOW HERE ARE SOME HOMETOWN TEMPS. THE LOCAL WEATHER CAN HAVE A BIG IMPACT NOT ONLY ON YOUR DAY, BUT ALSO ON YOUR CROPS.  START YOUR DAY OFF RIGHT WITH YOUR LOCAL FORECAST DELIVERED RIGHT TO YOUR MOBILE PHONE, JUST TEXT  WEATHER TO 31313 TO GET STARTED! 

TEASE
WHEN WE COME BACK, WE'RE GOING TO LOOK AT LAST WEEK'S REPORT  NUMBERS FROM USDA AND DISCUSS OUR CURRENT TRADE RELATIONSHIP WITH  CHINA. PLUS MACHINERY PETE IS HERE. STAY TUNED FOLKS COMING UP WE'RE GOING TO TALK SKID STEERS AND THREE RECORD AUCTION PRICES  I'VE SEEN RECENTLY. AND MOTORIZED ROBOTS ARE ROLLING DOWN THE SIDEWALKS OF WASHINGTON  - AND YOU WON'T BELIEVE WHAT'S INSIDE. DETAILS AS WE HEAD IN THE COUNTRY. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN.  WITH A UNIQUELY POWERFUL  FORMULATION OF PROVEN INGREDIENTS, RESICORE GIVES YOU EXTRAORDINARY POWER OVER WEEDS.  LEARN MORE AT POWEROVERWEEDS.COM.

FLOOR OF THE CME
IN AGRIBUSINESS TO KNOW WHERE WE'RE GOING, WE HAVE TO KNOW WHERE  WE'VE BEEN. LETS CHECK ON LAST WEEK'S CLOSE FROM THE FLOOR OF THE CME IN CHICAGO. TODAY WE HAVE A LITTLE BIT OF A MIXED BAG. LIVE CATTLE, STRONGER TODAY,  REALLY GOOD CASH PRICES AND SUPPLY SQUEEZE TODAY THAT REALLY GAVE  BUMPED THE MARKET UP. WHOLESALE PRICES CAME UP. THEY WERE DOING  BETTER AND THAT'S DRIVING THE MARKET HIGHER. AND IT CERTAINLY LOOKS  LIKE THE GAINS ARE GOING TO CONTINUE, VERY GOOD FOR THE END OF THE  WEEK WE HAVE HERE. CERTAINLY WE EXPECT EVEN MORE ON MONDAY AS WE  SEE FEEDER CATTLE LEADING THE WAY EVEN AHEAD OF LIVE CATTLE SHOWING  SOME CONFIDENCE OR A REBOUND ON CONTINUED HIGHER PRICES ON MONDAY.  THAT'S REALLY WHAT'S DRIVING THE MARKET TODAY. NOT SO MUCH WITH THE  HOGS MARKET. LEAN HOGS ARE MUCH WEAKER RIGHT NOW. IT SEEMS LIKE THE  FALLING BELLY PRICES ARE WEIGHING ON THOSE CASH PRICES AND ARE BRINGING THE MARKET LOWER. IT'S NOT THAT MUCH LOWER AS WE'RE IN WAY  OVERSOLD CONDITIONS. WE'RE EXPECTING A REBOUND ON MONDAY. THAT  SHOULD POSSIBLY HELP. THAT'S ALL FROM THE FLOOR OF THE CME GROUP. I'M  VIRGINIA MCGATHY. USDA RELEASING ITS MARCH WASDE REPORT. THIS MONTH'S U.S. CORN OUTLOOK CALLS FOR MORE CORN TO BE USED IN  ETHANOL AND LESS FEED AND SEED USE. USDA KEPT ENDING STOCKS UNCHANGED.  ON THE SOYBEAN SIDE, CHANGES INCLUDE HIGHER CRUSH, LOWER EXPORTS,  AND INCREASED ENDING STOCKS COMPARED WITH LAST MONTH'S REPORT.  WHILE U.S. WHEAT ENDING STOCKS FELL BY 10 MILLION BUSHELS ON LOWER  IMPORTS.BUT THE BIGGEST NEWS FROM THURSDAY'S REPORT WAS INCREASING SIZE OF  CROPS IN SOUTH AMERICA. " WE ALSO SAW CORN AND SOYBEAN PRODUCTION RAISED IN BOTH BRAZIL AND  ARGENTINA. AND WE SAW SOYBEANS RAISED TO LEVEL PRODUCTION IN BRAZIL.  WHAT THIS MEANS THE WORLD STOCKS TO USE RATIOS ARE A LITTLE BIT HIGHER,  THE INVENTORY OF EXTRA GRAIN AND OIL SEEDS IN THE WORLD IS A LITTLE BIT  MORE, UNFORTUNATELY, THAN WHAT WE ANTICIPATED. AND THAT SAYS THAT  PUTS A DAMPER ON PRICES." WITH ALL OF THE CHATTER OUT OF WASHINGTON, FARM GROUPS ARE NERVOUS  ABOUT RISING TENSIONS  BETWEEN SOME OF OUR BIGGEST BUYERS.

AGRIBUSINESS
IN ANALYSIS, TYNE MORGAN ASKS ABOUT OUR CURRENT RELATIONSHIP WITH  CHINA. HERE NOW WITH ANDY SHISSLER OF S AND W TRADING ANDY LET 'S TALK ABOUT CHINA I MEAN THERE 'S BEEN TALKS AND FEARS OF A TRADE WAR WE'VE CHINA 'S LAST MAJOR TERRIFIED BEATTIE HE 'S CREATED A  BACKLOG IN THE U S SO TOO DO YOU THINK WE'RE GETTING INTO A TRADE WAR ALREADY WITH CHINA NO  CAUSE ONE OF MY FRIENDS WORKS WITHIN THEIR GOVERNMENT OVER THERE AND WE HAD DINNER A  WEEK OR SO AGO AND I ASKED HIM THE SAME THING IS I'M JUST CURIOUS AND LIKE SO INTERNALLY WHAT  ARE YOU GUYS THINKING AND HE'S LIKE KIND OF DON'T THINK IT 'S GOING TO BE AN ISSUE FEEL LIKE THE  SITUATION 'S MORE STABLE THAN MOST PEOPLE WOULD GUESS THERE 'S NO A LOT A LOT OF BIG THINGS  THAT THEY COULD CHANGE IS PART OF THE TRADE GOES AND SO THEY'RE NOT UNHAPPY WITH WHAT 'S  GOING ON OVER HERE AS FAR AS I CAN TELL WHEN I WAS A LITTLE BIT SURPRISED BY THAT TO BE HONEST  BUT ON THE AGRICULTURE SIDE THERE SOME MAJOR CHANGES GOING ON WITH THE CORN AND BEANS TO  BE LIKE THE FIRST YEAR IN TWENTY MAYBE OR MORE THAT WE'RE GONNA HAVE LESS CORN ACRES IN CHINA  AND SO THE WORLD PRICING AND THE CHINESE PRICE IS ABOUT THE SAME AND THEY'RE LOOKIN AT  PULLING AROUND A MILLION ACRES OF CORN AND PUT THAT AND SOYBEANS SO THE IMPACT COULD BE FOR  THE FIRST TIME IN TWENTY YEARS THEY MAY NEED LESS MEANS FOR THE FIRST TIME AND LIKE WE HAVE  SEEN THIS BEFORE I THINK THEY'RE ALSO LOOKING YOU SEE YOU SEE THEM SLAP THE DDG BAN TARIFFS  BUT MORE IMPORTANTLY I THINK WHAT YOU'RE GOING TO SEE IS THEY'RE GOING TO BE SELLING CORN ON  THE WORLD MARKET AND THEY KIND OF PLAN TO DO THAT RIGHT NOW I'M THINKING THEY'RE LOOKING AT  MAYBE EIGHTY TO A HUNDRED MILLION BUSHELS BUT IT COULD BE MORE THAN THAT AND SO A LOT OF THIS WILL BE WEATHER DEPENDENT BUT THEY'RE GOING HAVE EXTRA BEANS THIS YEAR AND THEY'VE STILL GOT A PRETTY HAPPY CORN CARRY OUT I WOULD EXPECT YOU'LL SEE ANY CORN BUYING LIST OF SERIOUS  WEATHER ISSUES AND THEY'VE GOT ENOUGH TO BUFFER A LEAST A YEAR SO I WOULD EXPECT YOU'LL SEE  SOME EXPORTS INTO JAPAN SOUTH KOREA AND THAT KIND OF THING THIS YEAR WHICH WILL CUT OUR  EXPORTS AND THEY'LL SEE GROWTH ON THE DEMAND SIDE BUT THEY'RE GOING HAVE A FEW BEANS TO  COVER THAT 'S I DON'T THINK WE'RE GONNA BLOW THE EXPORT AT THIS YEAR EITHER AND SO YOU THINK MAYBE WE COULD SEE SOME COMPETITION ON THAT ON THAT SOYBEAN SIDE WHERE WE WON'T EXPORT  IS MANY THAT WE'VE NEVER SEEN IT WE'VE NEVER SEEN BEFORE BUT THIS IS THE FIRST TIME WHERE  THEY'RE GOING TO SHIFT THEIR ACRES THEY'VE NEVER EVER DONE THAT BEFORE LIKE THIS IS A NEW DEVELOPMENT IT SHOULD BE BEARISH SOYBEANS HOW HOW MUCH I I AGAIN AS THE WEATHER  DEPENDENT FOR THEM TO SO ALL RIGHT ANDY SHISSLER OF S AND W TRADING SO MUCH STAY WITH US WE'LL  HAVE MORE AG DAY WHEN WE COME BACK  FOR ONE ON ONE MARKETING ADVICE CALL ANDY SHISSLER AT S & W TRADING AT   312-506-3888. GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST.  VISIT LOVELAND PRODUCTS.COM  SLASH RADIATE.  SEE YOUR CPS DEALER TODAY.

WEATHER
WELCOME BACK TO AGDAY METEOROLOGIST CINDI CLAWSON CINDI IF. WE LOOK  TO THIS DROUGHT MONITOR. THERE ARE SOME SPOTS HERE THAT HAVE KIND OF  DEVELOPED OVER THE LAST FEW MONTHS YET WE'VE HAD SO MUCH FOCUS ON  THE WEST WHERETHE DROUGHT HAS BEEN SO BAD. WELL THAT 'S DWINDLING  AWAY VERY QUICKLY WITH THE RAINS THAT THEY'VE RECEIVED BUT WE HAVE  SEEN A LOT OF EXPANSION IN THE CENTRAL AND EASTERN PART OF THE COUNTRY AND WE'VE PARTICULARLIY BEEN PAYING ATTENTION TO AREAS IN THE  PLAINS WHERE WE'VE SEEN ALL THOSE WILDFIRES. OBVIOUSLY THE DRY  CONDITIONS THE WINDY CONDITIONS HAVE NOT HELPED. THERE WILL ALSO BEEN  SAYING THAT DRYNESS EXPANDING IN THE SOUTHEAST UNITED STATES EVEN UP  INTO THE NORTHEASTERN UNITED STATES LET 'S TAKE A LOOK AT THE RAIN THAT  WE'VE HAD OVER THE LAST WEEK. AND SO WE HAVE SEEN SOME IMPROVEMENT  HERE IN PARTS OF THE TENNESSE AND OHIO VALLEY AND WE'VE HAD A FAIR  AMOUNT OF HEAVY RAIN DOWN ALL THE WAY TOWARDS TEXAS THE PACIFIC  NORTHWEST HAS BEEN HAVING KIND OF RAIN AFTER RAIN AFTER RAIN. WELL SOME OF THE HEAVIER AREAS YOU CAN SEE ALL THE WAY FROM THE BOOT HEEL  OF MISSOURI DOWN TO TEXAS WERE A LOT OF FOLKS ARE SEEING OVER TWO TO  THREE INCHES OF RAIN THERE BUT THE DRYNESS PERSISTS NOTICE WE REALLY  DIDN'T SEE MUCH IN THOSE EXTREMELY DRY AREAS WHERE WE HAD A LOT OF  THOSE WILDFIRES HERE'S A LOOK AT THE JET STREAM AS WE HEAD INTO THIS  WEEK WE'RE GONNA START OFF COLD IN THE NORTHEASTERN QUARTER OF THE  COUNTRY. WHILE THE WARM AIR RESIDES OUT WEST WITH THAT RIDGE AND THE  JET STREAM A LOOK AT THAT TROUGH DIPPING ALL THE WAY DOWN TO THE MID  ATLANTIC STATES ALMOST OUT OF THE SOUTHEAST SO REAL COLD THERE AND  FAIRLY STORMY WHILE THAT RIDGE STARTS TO THEN TRANSLATE INTO THE  CENTRAL PART OF THE UNITED STATES WE'LL STILL SEE THAT WARMER AIR  FINALLY COMING INTO PARTS OF THE EASTERN PART OF THE COUNTRY. AS WE  GET TOWARDS FRIDAY AND THEN EVENTUALLY  IT STARTS TO TAKE HOLD BUT IT  WILL BE VERY CHILLY FOR A LOT OF THE EASTERN PART OF THE COUNTRY AT  LEAST TO START THE WEEK. HERE IS A LOOK AT THE TEMPERATURES THAT WE  ARE EXPECTING AT LEAST OVER ALL THIS WEEK. WE ARE LOOKING AT COOLER  THAN NORMAL TEMPERATURES BECAUSE OF THOSE TROUGHS THAT ARE GOING  TO BE AFFECTING THE EASTERN PART OF THE COUNTRY. WE ARE LOOKING AT ABOVE  NORMAL TEMPERATURES IN THE WESTERN UNITED STATES WITH THAT RIDGE  AND THEN AS WE LOOK AT THE PRECIPITATION FOR THE WEEK AHEAD WE WILL BE  SEEING BELOW NORMAL FOR THE GREAT LAKES ALSO THE SOUTHEAST  DEFINITELY THE SOUTHWEST AND THE NORTHWEST WERE LOOKING AT ABOVE  NORMAL PRECIPITATION A LITTLE BIT OF THE NORTHEAST AND DOWN INTO TEXAS  AS WELL. THIRTY DAY TEMPERATURES FOR THE MOST PART LOOKING AT ABOVE  NORMAL IN THE SOUTHERN HALF OF THE COUNTRY A LITTLE BIT COOL IN THE  PACIFIC NORTHWEST AS WE SEE THOSE WETTER CONDITIONS AND THIRTY DAY  PRECIPITATION WET FOR SOME OF THE EASTERN PART OF THE COUNTRY  INCLUDING THE CORN BELT AND THE NORTHWEST DRY IN THE SOUTHWEST THAT  'S A LOOK AT YOUR NATIONAL FORECAST NOW LETS CHECK OUT THE WEATHER  WHERE YOU LIVE DAIRYVILLE CALIFORNIA MOSTLY SUNNY AND WARM TODAY  WITH A HIGH OF EIGHTY ONE DEGREES DAIRYLAND WISCONSIN A SLIGHT CHANCE  FOR SNOW WITH A HIGH OF TWENTY FIVE MILKSPRINGS ALABAMA PARTLY  CLOUDY SKIES HIGH OF FIFTY FIVE. NOW I NEED SOME CEREAL

TEASE
WHEN WE COME BACK, WE'LL HAVE OUR WEEKLY VISIT FROM MACHINERY PETE -- AND HE'S TALKING ABOUT SOME IMPRESSIVE SKID STEER PRICES. AND WHILE DELIVERY SERVICE WITH A DRONE MAY SEEM LIKE THE WAVE OF THE  FUTURE...SOME INVENTORS THINK WHEELS STILL HAVE A PLACE. BUT THERE'S A  CATCH. FIND OUT WHAT IT IS - LATER ON AGDAY. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN.  A UNIQUELY POWERFUL FORMULATION.   EXTRAORDINARY POWER OVER WEEDS. 

MACHINERY PETE
MACHINERY PETE KEEPS A PRETTY CLOSE EYE ON TRENDS AND THIS MORNING,  HE SAYS SKID STEER PRICES ARE HOT. WELL FOLKS USED SKID STEERS AND BEEN PRETTY HOT ON THE AUCTION MARKET HERE LATELY. THE BEST  EXAMPLE I CAN GIVE YOU WOULD BE THE NEW HOLLAND L FIVE FIFTY FIVE NOW FOR FIFTEEN YEARS THE  HIGHEST AUCTION PRICE I'VE SEEN ON I WAS EIGHT THOUSAND DOLLARS. THAT WAS BACK ON ALL THE WAY  ON AN AUCTION FEBRUARY TWENTY THIRD TWO THOUSAND TWO AND SOUTHEAST PENNSYLVANIA FARM  AUCTION ONE WITH TWENTY TWO HUNDRED HOURS BROUGHT EIGHT THOUSAND BUCKS SO THAT RECORD  PRICE STOOD UNTIL ABOUT A WEEK AGO WHEN THIS ONE SOLD ON A FARM AUCTION IN NORTHEAST OHIO  ON FRIDAY MARCH THIRD AND HAD TWELVE HUNDRED AND ELEVEN HOURS ON A ONE FOR TEN THOUSAND  BUCKS. SO I BLOGGED ABOUT IT THAT DAY. WHILE A NEW RECORD AUCTION PRICE TEN THOUSAND BUCKS  THAT RECORD PRIZE LASTED EXACTLY ONE DAY BECAUSE THE NEXT DAY SATURDAY MARCH FOURTH ON A  FARM AUCTION IN NORTHWEST IOWA THIS ONE SOLD THIS WAS A NINETY THREE MODEL. L FIVE FIFTY FIVE  THIRTY THREE HUNDRED SEVENTY SIX HOURS ON A BROAD ELEVEN THOUSAND FIVE HUNDRED I'M ALSO  SEEING SOME GOOD PRICES ON LATER MODELS SKID STEERS HERE 'S ANOTHER RECORD. THIS WAS  FEBRUARY TWENTY FIFTH ON A FARM AUCTION IN THE FILM FOR A TV SHOW IN NORTHEAST KANSAS TWO  THOUSAND TWELVE MILE JOHN DEERE THREE TWENTY NINE D WAS TWO HUNDRED FOURTEEN HOURS ON  ONE FOR FORTY SIX THOUSAND DOLLARS. THE PREVIOUS HIGH AUCTION PRICE I'D SEEN ON A THREE TWENTY  NINETY WAS FORTY THOUSAND NOW FOLKS IF YOU ARE LOOKING FOR A GOOD USE SKID STEER CHECK ON  HER WEB SITE MACHINERY PETE DOT COM WE GOT OVER THREE THOUSAND OF THEM LISTED FOR SALE  TODAY.

TEASE
UP NEXT - DID THIS ROLLING COOLER GET AWAY FROM ITS OWNER?  NOT  EXACTLY. DETAILS WHEN WE COME BACK. 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.  DISCOVER THE POWER BEHIND THE M6 SERIES AT  KUBOTA.COM. A NEW FORM OF FRONT DOOR DELIVERY SERVICE MAY ROLL INTO YOUR TOWN  OR NEIGHBORHOOD SOME DAY. BUT FOR NOW IT'S LIMITED TO LARGER CITIES - LIKE WASHINGTON D-C. FROM THE RESTAURANT — TO HIS FRONT DOOR. BEN BRESLERMAN'S SANDWICH WAS JUST DELIVERED ENTIRELY BY A ROBOT.  BEN  BRESLERMAN, POSTMATES CUSTOMER: "ALL I DID WAS COME OUT.. OPEN A ROBOT AND GET MY FOOD  — QUICK AND EASY, NO PROBLEM" POSTMATES IS BELIEVED TO BE ONE OF THE FIRST  SERVICES IN THE U-S TO USE A FLEET OF ROBOTS TO DELIVER FOOD. THE  COOLER-SIZED MACHINES ARE NOW ROAMING THE SIDEWALKS OF WASHINGTON  D-C WAITING FOR AN ORDER.  CUSTOMERS CAN GO ONLINE OR USE THE COMPANY'S APP TO ORDER A MEAL.  THE ROBOT THEN HEADS TO THE RESTAURANT — USING AN ARRAY OF SENSORS  AND CAMERAS TO NAVIGATE THE SIDEWALK. THE SYSTEM CREATES A DIGITAL  MAP TO REMEMBER TROUBLE SPOTS --AND IT CAN EVEN READ ELECTRONIC  SIGNS AT CROSSWALKS. AN EMPLOYEE LOADS THE FOOD INTO A LOCKED  COMPARTMENT AND SENDS IT ON ITS WAY TO THE CUSTOMER. RUSSELL COOK, SR VP OF OPERATIONS POSTMATES "AND THEY HAVE A UNIQUE CODE THEY CAN ENTER IN ORDER TO OPEN THE  COMPARTMENT AND RETRIEVE THE GOODS." RUSSELL COOK IS POSTMATES' SENIOR V-P OF OPERATIONS. THE COMANY IS  CURRENTLY ROLLING OUT THE SERVICE IN D-C.. AS WELL AS REDWOOD CITY,  CALIFORNIA.. WITH PLANS TO EXPAND. OTHER COMPANIES HAVE EXPERIMENTED  WITH AUTONOMOUS DELIVERY USING *AERIAL* DRONES.U-P-S IS CURRENTLY  TESTING PACKAGE DELIVERY.BUT POSTMATES SAYS GIVEN THE CURRENT  INFRASTRUCTURE -- USING SIDEWALKS.. IS THE MOST PRACTICAL APPROACH. "IT  LETS US DRIVE DOWN THE COST OF DELIVERY BY 80 TO 90 PERCENT OVER TIME WHICH OPENS UP A  WHOLE NEW CLASS OF DELIVERY WHERE FOR PEOPLE TODAY IT WOULDN'T BE FINANCIALLY VIABLE."THE ROBOTS ARE BUILT BY ESTONIA-BASED STARSHIP TECHNOLOGIES.. WHICH HAS  ALSO PARTNERED WITH SEVERAL COMPANIES TO OFFER DELIVERY SERVICES IN  EUROPE. POSTMATES' ROLLOUT IN D-C IS THE FIRST FULLY-OPERATIONAL  PROGRAM.  NICK HANDRICK, DC OPERATIONS MANAGER, STARSHIP TECHNOLOGIES: "LONG-TERM WE  WOULD LIKE TO SEE AS MANY CITIES AS POSSIBLE, WE THINK WE HAVE A REAL POTENTIAL TO HAVE A  POSITIVE IMPACT IN A NUMBER OF WAYS. YOU KNOW, CUTTING DOWN ON TRAFFIC, CUTTING DOWN ON  DELIVERY VEHICLES WHICH REQUIRE A HUGE INPUT IN TERMS OF GAS." DESPITE THEIR PLANS TO  EXPAND — THE ROLLOUT COULD BE SLOW. STARSHIP AND ITS PARTNERS ARE  REQUIRED TO NEGOTIATE WITH INDIVIDUAL CITY GOVERNMENTS TO GET  PERMISSION FOR THE ROBOTS TO USE THE SIDEWALK. BUT IN TIME.. THEY SAY..  WE'LL ALL HAVE TO GET USED TO SHARING THE SIDEWALK WITH THESE SIX- WHEELED MACHINES. ROOBERT BUMSTED.. ASSOCIATED PRESS.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND AL PELL. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY.

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