AgDay Daily Recap -Novemeber 2, 2015

November 2, 2015 02:57 AM
 

Today on AgDay
November 2, 2015


OPENING HEADLINES:
TODAY ON AGDAY -I'M MICHELLE ROOK. AFTER THE RECENT CRASH IN THE CATTLE MARKET, WHAT'S
AHEAD FOR PRICES? WE'LL HAVE THE OUTLOOK TODAY ON AGDAY. IN AGRIBUSINESS... FROM
CATTLE TO HOGS--THE CONNECTIVITY OF LIVESTOCK MARKETS.
"BOTTOM LINE, WE'RE SELLING A LOT OF PORK PRODUCT NOW. THE BEEF NEEDS TO COME A LONG. WE NEED TO CLEAR MORE." PLUS MACHINERY PETE SAYS YOU'RE GOING TO NEED A LITTLE EXTRA CASH IF BUYING A FEED GRINDER OR MIXER. AND MEET A FARMER FROM NORTH DAKOTA WHO'S DRIVING HIS WAY TO THE CENTURY MARK FROM THE CAB OF THE COMBINE.

CATTLE MARKET:
GOOD MORNING I'M CLINTON GRIFFITHS.
THE CATTLE MARKET IN 2015 HAS BEEN ONE FOR THE RECORD BOOKS.
FEEDER CATTLE FUTURES HIT THEIR HIGH FOR THE YEAR IN JUNE…..AND THEN DROPPED MORE THAN 50-DOLLARS INTO THE FIRST WEEK OF OCTOBER.
AT THE SAME TIME FEED CATTLE FUTURES FELL NEARLY 45-DOLLARS FROM APRIL INTO EARLY OCTOBER. THE CORRECTION WAS THE BIGGEST IN HISTORY AND EVEN LARGER THAN 2003 WHEN THE U.S. HAD ITS FIRST CONFIRMED CASE OF BSE.
WHILE THE MARKET HAS MADE A PARTIAL RECOVERY, WHAT'S AHEAD FOR THE REST OF THIS YEAR AND INTO 2016? AGDAY'S MICHELLE ROOK TOOK IT TO THE COUNTRY TO FIND OUT.
TO THE COUNTRY:
IT’S SALE DAY AT FAITH LIVESTOCK AND THE START OF THE WESTERN SOUTH DAKOTA FALL CALF RUN. THE MOOD OF BOTH BUYERS AND SELLERS IS OPTIMISTIC, DESPITE WHAT HAS BEEN A VOLATILE YEAR IN THE CATTLE BUSINESS.
 "THIS THINGS BEEN UP AND DOWN, DEFINITELY A ROLLER COASTER HERE FOR OFF AND ON EVEN SINCE THE FIRST OF THE YEAR NOW."
THE HEIGHT OF THE VOLATILITY THOUGH CAME A FEW WEEKS AGO WHEN CATTLE PRODUCERS SAW THE BIGGEST MARKET CRASH IN HISTORY.
 "YOU KNOW WE KNEW IT WAS GONNA COME DOWN AT SOME POINT BUT IT JUST COME SO MUCH SO FAST THAT IT CAUGHT A LOT OF US OFF GUARD AND IT CREATED ALMOST A PANIC AT TIMES."
 WHILE THE MARKET HAS PARTIALLY REBOUNDED, CATTLE PRODUCER KEITH EICHLER SAYS THE CRASH WAS A RESULT OF THE PERFECT STORM.
"I THINK THE COMBINATION OF OUR STRONG DOLLAR, I THINK THE COMBINATION ALSO OUR IMPORTS GOING UP OUR EXPORTS GOING DOWN AND ALONG WITH THAT JUST THE BIG FAT CATTLE." "FEEDER CATTLE THROUGH JULY AND AUGUST WERE HIGH. THOUSAND POUND STEERS WERE BRINGING $205, $208. IT JUST MADE MORE SENSE TO FEED WHAT YOU HAD RATHER THAN GO OUT AND JUST TRADE DOLLARS, SO WE KIND OF FED OURSELF INTO A HOLE." THAT HOLE RESULTED IN SEVERE CASH DISCOUNTS FOR HEAVY CATTLE AND LOSSES IN THE FEEDLOT. EICHLER, "YOU KNOW COMPARED TO WHERE SOME OF THESE CATTLE WERE BOUGHT AS CALVES A YEAR AGO TILL NOW ITS VERY TOUGH FOR EM….IT REALLY IS." "OH I'D SAY IN SEPTEMBER THEY WAS LOSING $200 TO $300 A HEAD….AND THEY CAN'T HANDLE THAT VERY LONG." WHILE FEEDLOT OPERATORS WILL BE IN THE RED GOING INTO 2016, COW CALF PRODUCERS THINK THEY WILL BE ABLE TO HANG ON TO SOME PROFIT.
"I DON'T THINK WE'LL SEE THE HIGH PRICES LIKE WE DID A YEAR AGO, BUT IT'LL BE PROFITABLE."
AND MAHER, LIKE MANY CATTLEMEN, DOESN'T THINK THAT WILL CHANGE REAL SOON, EVEN WITH THE CURRENT REBUILDING OF THE HERD OFF OF A 50 YEAR LOW IN NUMBERS.
"I THINK WE'VE GOT SEVERAL MORE YEARS OF PRETTY DECENT PRICES. IT MIGHT FLUCTUATE SOME BUT IT'LL BE, I THINK IT'LL BE PROFITABLE FOR THE COW CALF MAN FOR THE NEXT SEVERAL YEARS."
"IT TAKES TWO YEARS FOR A COW TO HAVE A CALF AND GET BACK INTO THE SYSTEM SO I REALLY BELIEVE THAT WE'VE GOT ANOTHER GOOD YEAR OUT THERE." AND WHILE COW CALF PRODUCERS ARE MAKING $200 TO $300 LESS PER HEAD THAN LAST YEAR'S RECORD HIGHS THEY'RE STILL SATISFIED WITH CURRENT PROFITS.
"AND OUT HERE WE KNOW THAT THE PEOPLE THAT BUY THESE CALVES AND TAKE EM ON ITS GOTTA WORK FOR THEM TO TO KEEP THEM IN BUSINESS AND KEEP COMING BACK."
THE HOPE IS THAT THE LOWER FEEDER CATTLE PRICES, LOWER CORN PRICES AND FURTHER RECOVERY IN THE FED CATTLE MARKET WILL HELP GET THE FEEDLOTS BACK IN THE BLACK BY EARLY 2016.
HELLWIG, "I DO THINK THAT THESE CATTLE THAT ARE BEING BOUGHT NOW WILL TURN OUT TO BE OKAY CUZ THIS MARKET WILL COME BACK QUITE A WAYS." I'M MICHELLE ROOK REPORTING FOR AGDAY.
LIVE AND FEEDER CATTLE FUTURES HAVE REBOUNDED OFF THEIR LOWS THE FIRST WEEK OF OCTOBER. HOWEVER, ANALYST TELL MICHELLE, FURTHER RECOVERY WILL BE RELIANT ON DEMAND AND FEEDLOT OPERATORS KEEPING CATTLE WEIGHTS DOWN, WHICH AT THEIR HEAVIEST WERE MORE THAN 30 POUNDS OVER 2014.
POULTRY MARKETS:
ON THE POULTRY SIDE OF THE AISLE, SOUTH DAKOTA EGG PRODUCERS STILL WORKING TO RECOVER FROM LAST SPRING'S AVIAN FLU OUTBREAK.
USDA RELEASING IT'S LATEST PRODUCTION INFORMATION FROM SEPTEMBER. FOR THE MONTH CHICKENS IN SOUTH DAKOTA LAYING 36 MILLION EGGS.
THAT'S DOWN 65 MILLION COMPARED TO THE SAME MONTH A YEAR AGO. EGG LAYERS ALSO LOWER--DOWN A MILLION BIRDS COMPARED TO SEPTEMBER 2014. SOUTH DAKOTA LOST ONE POINT 7 MILLION TURKEY'S AND CHICKENS TO THE H-5N-2 VIRUS LAST SPRING.
ON THE OTHER SIDE OF THE INDUSTRY, THE GLOBAL POULTRY MARKET IS POISED FOR STRONG GROWTH OVER THE NEXT FIVE YEARS.
THAT COMES FROM U.S. BASED ALLIED MARKET RESEARCH. IT EXPECTS THE PROCESSED POULTRY MEAT MARKET TO APPROACH 290 BILLION DOLLARS BY 2020. THAT WOULD BE A COMPOUNDED ANNUAL GROWTH RATE OF 6 POINT 4 PERCENT.
NORTH AMERICA REMAINS THE LARGEST MARKET--BUT THE ASIA PACIFIC REGION IS THE FASTEST GROWING REGION.
CROP WATCH:
CROPWATCH HITS THREE DISTINCT REGIONS OF THE COUNTRY, OUTSIDE THE PRIMARY CORN BELT. MIKE HOFFMAN JOINS US FROM THE AGDAY WEATHER-CENTER, MIKE.
GOOD MORNING CLINTON. SOME TOBACCO GROWERS IN NORTH CAROLINA TOOK A BIG HIT LAST WEEK AFTER A HARD FROST. THE STATE CROP PROGRESS REPORT SHOWS 600 TOBACCO BARNS IN ROCKINGHAM COUNTY WERE LOST DUE TO THE FROST. ALTHOUGH OUT OF THE FIELD, TOBACCO LEAVES ARE STILL VULNERABLE. IN THIS CASE, TEMPS HAD DIPPED INTO THE UPPER 20'S FOR AN EXTENDED PERIOD. IN WASHINGTON STATE, RANCHERS ARE DEALING WITH LOUSY GRAZING CONDITIONS. 62-PERCENT OF THE STATE'S PASTURE IS RATED AS POOR TO VERY POOR. LIVESTOCK PRODUCERS ARE HAULING WATER DUE TO DROUGHT. BUT MOST OF THE NATURAL SOURCES, LIKE SPRINGS, ARE DRYING UP. TWO THIRDS OF THE STATE IS IN EXTREME DROUGHT. AND WE WANT TO SAY A SPECIAL "HELLO' TO MATT SNYDER WHO FARMS IN NEW YORK STATE BETWEEN BUFFLO AND ERIE. HE'S IN THE DOWN-STREAM OF LAKE ERIE, SO YOU KNOW HE'S VERY FAMILIAR WITH HARD WINTERS. MATT SAYS HE WATCHED AGDAY EVERYDAY. HE JUST FINISHED CORN HARVEST WITH HIS FOUR-ROW PICKER. HE'S PLEASED WITH THE OUTCOMES CONSIDERING HOW SATURATED HIS FIELDS WERE IN EARLY SUMMER. AND TAKING A LOOK AT THE DROUGHT MONITOR YOU CAN SEE HOW ALL OF THE RED IS COMPLETELY GONE IN THE SOUTHERN PLAINS SOUTHERN MISSISSIPPI VALLEY BUT THERE ARE DRY POCKETS THROUGHOUT THE MIDWEST BUT THE DRYIEST AIR BUT THE DRYEST AREA CONTINUES TO BE IN THE FAR WEST I'LL HAVE DETAILS ON YOUR FORECAST COMING UP IN A FEW MINUTES. USDA ANNOUNCING THURSDAY PLANS TO SPEND $5.6 BILLION OVER THE NEXT TWO YEARS--TARGETED AT NEW AND BEGINNING FARMERS AND RANCHERS.
DEPUTY SECRETARY KRYSTA HARDEN ALSO ANNOUNCING A NEW, TAILORED WEB TOOL DESIGNED TO CONNECT FARM ENTREPRENEURS WITH PROGRAMS AND RESOURCES AVAILABLE TO HELP THEM GET STARTED.
USDA DOT GOV SLASH NEW FARMERS PLENTY MORE AHEAD ON AGDAY, INCLUDING A DISCUSSION ABOUT THE CURRENT HOG MARKET. ALAN BRUGLER FROM BRUGLER MARKETING AND MANAGEMENT
GIVES US HIS PERSPECTIVE. LATER, THIS NORTH DAKOTA FARMER OFFICIALLY RETIRED WHEN RONALD REAGAN WAS STILL IN THE WHITE HOUSE.
BUT FOR SOME REASON, HE'S STILL AT THE WHEEL THIS HARVEST SEASON. DETAILS WHEN WE HEAD IN THE COUNTRY. PLUS MACHINERY PETE CHECKS IN. LOOKING TO BUY A NICE USED GRINDER MIXER? WELL, GET YOUR CHECKBOOK OUT, I JUST SAW ANOTHER RECORD HIGH AUCTION PRICE SET LAST WEEK.
AGDAY -BROUGHT TO YOU BY BASF. GROW SMART WITH BASF AND GET THE MOST, ACRE AFTER ACRE, SEASON AFTER SEASON.
CME:
IN AGRIBUSINESS LETS SEE HOW MARKETS CLOSED FRIDAY FROM THE FLOOR OF THE CME IN CHICAGO. FRIDAY IN THE LIVESTOCK MARKET, IT'S A LITTLE BIT OF A MIXED BAG. WE HAVE THE CATTLE MARKET A BIT LOWER, FEEDER CATTLE ESP RIGHT NOW. THERE'S SOME CONCERNS THAT DEMAND WILL NOT FOLLOW THRU. THE REAL STORY IS THE HOG MARKET. ALL WEEK THE HOG MARKET HAS BEEN SHARPLY LOWER AFTER WORLD HEALTH OR REPORT ABOUT SOME CANCER RISKS FOR BEEF. THE MARKET HAS SLOWED SOME, BOUNCED UP A LITTLE BIT, SOME SHORT COVERING BUT NOW THE MARKET IS SINKING AGAIN. I THINK TODAY BEING THE END OF THE MONTH, PROFIT TAKING, SOME SHORT COVERING, AFTER THAT BIG MOVE IN THE LEAN HOGS IS HAVING THINGS LEVELING OFF. I THINK WE'LL SEE SOMETHING COMPLETELY DIFFERENT STARTING NEXT MONDAY. AND THEN WE'LL START LOOKING FOR THANKSGIVING AND CHRISTMAS SUPPLIES. AND THAT SHOULD TAKE US IN A WHOLE NEW DIRECTION. FRIDAY IN THE GRAIN MARKET HAS EVERYTHING UP A LITTLE BIT. IT'S THE END OF THE MONTH AND THE END OF THE QUARTER FOR SOME PEOPLE AND THERE'S BEEN SOME PROFIT TAKING AND SHORT COVERING., MAINLY IN WHEAT. THERE'S STILL SOME WORRIES ABOUT DRYNESS IN THE UKRAINE. THERE HAS BEEN SOME IMPROVING WEATHER OVER THE U-S PLAINS. SO THAT'S NOT REALLY THE ISSUE THAT'S BROUGHT KC WH3EAT UP. AND IT GAVE A LIFT UP TO CORN AND SOYBEANS. AND MOVING SIDEWAYS AND CONSOLIDATION. THAT'S ALL FROM THE FLOOR OF THE CME GROUP, I'M VIRGINIA MCGATHEY.
AGRIBUSINESS DESK:
HERE AT THE AGRIBUSINESS DESK, ALAN BRUGLER WITH BRUGLER MARKETING AND MANAGEMENT. ALAN LET'S TALK A LITTLE BIT ABOUT THE HOG MARKET THIS LAST WEEK. IT TOOK A HARD FALL. YEAH, WE WERE VULNERABLE TECHNICALLY.
WE WERE COMING DOWN SOME PRICE SUPPORTS WITHOUT BEING OVERSOLD. THAT'S A RISKY COMBINATION. WE BROKE IT AND GOT SOME HEAVY SELLING. THERE'S CONCERN ABOUT SOME OF THESE FREE TRADE AGREEMENTS AND WHETHER THAT HELPS OR HURTS US IN TERMS OF PRODUCT MOVEMENT.
CERTAINLY CONCERNED ABOUT THE WHO CATEGORIZING AND THAT'S 'ABOUT DEMAND RIGHT? YEAH, CATEGORIZING HAMS AND BACON AS CARCINOGEN. I POINTED OUT THE STATISTIC 739 OTHER ITEMS ARE NOW ON THAT LIST AS A CARCINOGEN. THAT INCLUDES SUNSHINE. SO, I'M TAKING A WAIT AND SEE ATTITUDE. WE WANT TO SEE IF THE CONSUMER HAVING BURNED BY FOOD SCARES WILL ADJUST THEIR CONSUMPTION PATTERN. WE'LL SEE THAT FIRST IN THE WHOLE SALE MARKET. BUT THE FUTURES MARKET BEING WHAT IT IS, IT'S DISCOUNTING IN ADVANCE. HOW DOES THE HOG MARKET TIE INTO WHAT WE'RE SEEING IN CATTLE-THAT WHOLE LIVESTOCK COMPLEX? RIGHT NOW, BEEF IS STILL EXPENSIVE. IF YOU LOOK AT A BEEF-PORK SPREAD OF A CATTLE-HOG SPREAD, THEY ARE STILL HISTORICALLY HIGH ON THE BEEF SIDE AND SO, YOU HAVE SUBSTITUTION OF CHICKEN AND HAM AND SO-FOURTH FOR BEEF. WE WOULD EXPECT OVERTIME THAT COLLAPSES. THAT BEEF LOOSES GROUND TO PORK. ON THE WHOLE-SALE LEVEL, WE'VE DROPPED BEEF QUITE A BIT BUT THE RETAIL SPREADS ARE STILL VERY WIDE. FARMERS SHARE THE BEEF DOLLAR THAT'S VERY SMALL NOW HISTORICALLY SPEAKING. BOTTOM LINE, WE'RE SELLING A LOT OF PORK PRODUCT NOW. THE BEEF NEEDS TO COME A LONG. WE NEED TO CLEAR MORE. EXPORTS ARE DOING BETTER FOR PORK, NOT SO WELL FOR BEEF. BEEF IS ULTIMATELY GOING TO COME DOWN, TO BE COMPETITIVE WITH PORK AND CHICKEN. THAT'S AN INTERESTING SEGMENT FOR THE INDUSTRY TO WATCH. WE'LL KEEP AN EYE ON IT. THANKS ALAN. WE'LL BE BACK WITH MORE AGDAY IN JUST A MINUTE.
TO TALK WITH ALAN ABOUT HIS AG MARKET PROFESSIONAL SERVICES, CALL BRUGLER MARKETING AND MANAGEMENT AT 402-697-3623 OR VISIT HIS WEBSITE WWW.BRUGLERMKTG.COM
YOU NEED. THE FARM -ON MY FARM RADIO.
NATIONAL WEATHER:
WELCOME BACK TO AGDAY ON THIS MONDAY MORNING. METEOROLOGIST MIKE HOFFMAN JOINING US. TAKING A LOOK AT RAIN LAST WEEK. THERE WERE SOME SPOTS THAT GOT BIG AMOUNTS. WHY THE DROUGHT MONITOR WENT COMPLETELY WAY DOWN IN TEXAS AND ALL OF THOSE AREAS. YOU CAN SEE HOW MUCH RAIN FELL IN THE SOUTHERN PLAINS STATES. IN FACT ZOMING IN ON THAT, YOU CAN SEE THE PINK AREAS ARE 8 INCHES PLUS FROM SATURDAY TO THIS PAST FRIDAY. SO LOTS AND LOTS OF MOISTURE DOWN THROUGH THE SOUTHERN PLAINS. NOW AS WE TAKE A LOOK OF WHAT'S GOING ON RIGHT NOW, WE'LL GO TO THE JET STREAM. YOU CAN SEE A RIPPLE THERE IN THE EASTERN PART OF THE COUNTRY. THAT'S NOT CAUSING A LOT OF WEATHER. BUT THIS BIG TROUGH OUT WEST IS GOING TO REALLY DIG IN AS WE HEAD THROUGH THE WEEK, PUTTING IT INTO MOTION. YOU CAN SEE THE TROUGH DIGGING IN. THE RIDGE BUILDS IN THE EAST. THAT'S BIG-TIME WARMTH IN THE EASTERN HALF OF THE COUNTRY. AND THEN IT TURNS COLD OUT WEST AND YOU CAN SEE FINALLY AS WE HEAD INTO THIS WEEKEND AND INTO THIS NEXT WEEK, YOU'RE GOING TO SEE THINGS MOVE FROM WEST TO EAST. WE GO TO A MORE ZONAL FLOW. BUT SOME DECENT TROUGHS MOVING THROUGH. THAT'S A WET SITUATION OVERALL. LET'S TAKE A LOOK AT TEMPERATURES WITH THAT BIG RIDGE IN THE EAST, MOST OF THIS COMING WEEK IS GOING TO BE ABOVE NORMAL FROM EASTERN TO CENTRAL TEXAS, UP TO WISCONSIN ALL THE WAY TO THE EAST COAST. THE WESTERN PARTS OF THIS ABOVE NORMAL AREA WILL TURN COLDER LATER THIS WEEK. BUT OVERALL THIS IS WAY ABOVE NORMAL IN THOSE AREAS. BELOW NORMAL THEN FOR ALL OF THE ROCKY MOUNTAIN STATES, ALL THE WAY TO THE WEST COAST.
PRECIPITATION FOR THE COMING WEEK IS BELOW NORMAL FOR NEW ENGLAND AND PARTS OF PENNSYLVANIA AND NEW YORK. BELOW NORMAL FOR THE PENNSYLVANIA OF FLORIDA AND BELOW NORMAL FOR THE PACIFIC NORTHWEST. BUT A STORM SYSTEM WITH THAT TROUGH OUT WEST COMES INTO THE WESTERN AREAS. WE'LL GO NEAR NORMAL FOR MOST OF THE CENTRAL ROCKIES DOWN TO THE FOUR CORNER REGION. AS IT GETS INTO THE GULF MOISTURE AND KIND OF STALLS OUT FOR TWO OR THREE DAYS, WE'RE GOING TO GO ABOVE NORMAL FOR THE MIDDLE PARTS OF THE COUNTRY FOR THIS COMING WEEK.
ALRIGHT, OUR 90 DAY OUTLOOK, WE SPLIT THE TEMPERATURES UP INTO THREE MONTHS. NOVEMBER TEMPERATURES ARE EXPECTING TO BE ABOVE NORMAL FOR THE FAR NORTHERN STATES AS WELL AS THE SOUTHEAST AND MIDATLANTIC.
BELOW NORMAL FROM MISSOURI AND ARKANSAS AND BACK THROUGH THE FOUR-CORNER REGION. DOWN TO THE MEXICO BORDER. NOW, LET'S GO ON TO DECEMBER. WE WILL EXPAND OUT ABOVE NORMAL AREA SOUTHWARD INTO MOST OF THE GREAT LAKES, ALMOST OUT OF THE OHIO RIVER VALLEY. NORTHERN PORTIONS OF THE ROCKIES INTO THE PACIFIC NORTHWEST AND THEN BELOW NORMAL FOR THE FOUR CORNER REGION FROM LOUISIANA AND MISSISSIPPI SOUTHERN HALF OF THE PLAINS BASICALLY. JANUARY WE EXPAND BELOW NORMAL AREA ALL THE WAY INTO THE SOUTHEAST. SO MUCH OF THE SOUTHERN STATES EXPECTED TO BE BELOW NORMAL AS WE START THE NEW YEAR FROM THE NORTHERN GREAT LAKES INTO THE NORTHWEST. ABOVE NORMAL TEMPERATURES ARE EXPECTED. AS FAR AS PRECIPITATION IS CONCERNED, THIS IS YOUR TYPICAL EL NINO PATTERN. WE NORMALLY HAVE SHOTS OF COLD AIR. THERE ARE OTHER FACTORS. WE ARE LOOKING AT ABOVE NORMAL PRECIPITATION FOR MOSTLY THE SOUTHERN HALF OF THE COUNTRY.
BELOW NORMAL FROM THE CENTRAL AND NORTHERN GREAT LAKES BACK THROUGH THE CANADIAN BORDER AREA OF THE PLAINS STATES INTO THE NORTHERN ROCKIES AND INTO THE PACIFIC NORTHWEST AS WELL. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS.
REGIONAL FORECASTS:
FOR REDDING, CALIFORNIA TODAY, MOSTLY CLOUDY AND MAYBE A SHOWER. THE HIGH IS 66. HURON, SOUTH DAKOTA IS PARTLY SUNNY AND RATHER WARM FOR THIS TIME OF YEAR. THE HIGH IS 65. AND HUNNINGTON, WEST VIRGINIA IS VARIABLY CLOUDY AND MILD. THE TEMPERATURE IS 69 DEGREES.
MONDAY MEANS MACHINERY PETE. AND IF YOU'RE IN THE MARKET FOR A MIXER GRINDER FOR YOUR LIVESTOCK OPERATION, HE SAYS GET READY TO PAY-UP.
PLUS HOW DO YOU PLAN TO SPEND RETIREMENT? DOES IT INCLUDE SITTING IN THE CAB OF A HIGH-TECH COMBINE?
IT DOES FOR THIS FARMER WHO'S APPROACHING TRIPLE DIGITS!
THIS IS MACHINERY PETE INVITING YOU TO CHECK OUT MY NEW WEBSITE MACHINERYPETE.COM -OFFERING FARMERS TENS OF THOUSANDS OF USED EQUIPMENT LISTINGS TO SEARCH. LET MACHINERY PETE HELP YOU FIND AND VALUE YOUR NEXT PIECE OF USED EQUIPMENT.

MACHINERY PETE TV -BROUGHT TO YOU BY JOHN DEERE AND YOUR JOHN DEERE DEALER. NOTHING RUNS LIKE A DEERE.
MACHINERY PETE:
ARE YOU LOOKING TO BUY A NICE USED GRINDER MIXER? MACHINERY PETE SAYS GET YOUR CHECKBOOK OUT AS HE SAW ANOTHER RECORD HIGH.
FOLKS, ONE OF THE HOTTEST SECTORS IN THE USED FARM EQUIPMENT MARKET THIS YEAR HAS BEEN GOOD CONDITION USED GRINDER MIXERS AND ACTUALLY THIS HAS BEEN FOR A COUPLE OF YEARS NOW. I SAW ANOTHER RECORD HIGH AUCTION SALES PRICE SET LAST WEDNESDAY ON A FARM AUCTION WAY UP IN NORTHEAST NORTH DAKOTA, IT WAS AN ARTSWAY 450, ONE FOR $5,000. THE PREVIOUS HIGH AUCTION PRICE WAS $4,000 AND THAT WAS SET JUST BACK IN MID-AUGUST ON A CONSIGNMENT AUCTION IN NORTHEAST MISSOURI. NOW EARLIER THIS YEAR, I COVERED A SALE AUGUST 1 IN SOUTHWEST IOWA, WHERE THIS ARTSWAY 425-A SOLD FOR $2,000 AND THAT'S TIED FOR THE HIGHEST AUCTION PRICE I HAVE EVER SEEN ON A 425 A. AND ONE MORE FOR YOU, EARLIER THIS YEAR FEB. 18, FARM AUCTION NORTHEAST MISSOURI THIS CASE IH 1250, SOLD FOR $11,500. NOW HIGH IS THAT? WELL, PREVIOUS HIGH I HAVE SEEN WAS $7,000, SO FOLKS IF YOU HAVE A NICE CONDITION OLD GRINDER MIXER LET ME JUST TELL YOU; I THINK IT'S WORTH MORE THAN YOU THINK. NOW IF YOU ARE LOOKING FOR ONE, CHECK OUT OUR WEBSITE AT MACHINERY PETE.COM. WE HAVE OVER 300 LISTED FOR SALE.
TEASE:
UP NEXT MEET A FARMER FROM NORTH DAKOTA WHO STILL SHOWS-UP TO WORK AT HARVEST TIME -EVEN THOUGH HE ACTUALLY RETIRED 30 YEARS AGO..
IN THE COUNTRY:
SOME FARMERS NEVER LOSE THEIR LOVE OF AGRICULTURE, EVEN AFTER THEY RETIRE. ONE AMAZING NORTH DAKOTA PRODUCER STILL CLIMBS INTO A COMBINE AND HELPS HARVEST CROPS WITH HIS GRANDSONS, THREE DECADES AFTER HE SOLD HIS LAND. CLIFF NAYLOR FROM AFFILIATE KFYR REPORTS.
ORVILLE SPETEN IS STILL COMFORTABLE IN THE CAB OF A COMBINE, AS LONG AS ALL THE MODERN TECHNOLOGY IS PROGRAMMED AND PRESET.
YOU PUSH THIS TOP ONE, YOU HIT NUMBER TWO AND IT WILL PUT THE HEADER INTO AUTO STEER AND WHEN YOU TO RAISE IT UP, YOU HIT NUMBER ONE.
WHEN ORVILLE BEGAN FRAMING A TEAM OF HORSES AND A TWO BOTTOM PLOW WERE CONSIDERED STATE-OF THE-ART AGRICULTURAL EQUIPMENT. YOU GO ALL DAY WITH A HORSE AND A PLOW. YOU'D DO WELL WITH A TWO BOTTOM PLOW AND FIVE HORSES TO GET FOUR OR FIVE ACRES PLOWED.
ORVILLE'S FIRST HARVEST WAS IN FALL OF 1939. WORKED ALL DAY FOR A DOLLAR BACK IN THE 30'S. HE'S NOW 95 YEARS OLD AND STILL HELPS HIS GRANDSONS CUT CROPS.
HE THINKS AUTO STEER IS PRETTY WEIRD. HE DOESN'T KNOW WHAT TO DO WITH HIS HANDS. IT'S PRETTY NEAT TO HAVE HIM STILL COME OUT AND HELP OUT.
THE SPETEN BROTHERS SAY THE SOYBEANS THEY'RE BRINGING IN WITH THEIR GRANDFATHER NEVER COMPLETELY FILLED OUT DUE TO DRY WEATHER IN AUGUST.
WE'VE LOST A LITTLE BIT OF THE YIELD BECAUSE IT'S TOO DRY. THE SPETENS USUALLY AVERAGE AROUND 30 BUSHELS AN ACRE, THIS YEAR THEY'RE SEEING SOYBEAN YIELDS IN THE MID TO UPPER 20S AND THE 2016 CROP WON'T BE ANY BETTER IF IT STAYS DRY.
IF WE DON'T GET ANY
MOISTURE HERE BEFORE FREEZE UP IT'S GOING TO BE PRETTY
IFFY GOING INTO SPRING NEXT YEAR. IT'S DRY RIGHT NOW, REAL DRY. ORVILLE HAS SEEN DOZENS OF DRY AND WET YEARS. HE RETIRED FROM FARMING AT 65, BUT HAS CONTINUED TO HELP PLANT AND HARVEST CROPS THE PAST THIRTY YEARS. HE PLANS TO CONTINUE FARMING UNTIL HE TURNS 100. I'M CLIFF NAYLOR REPORTING FOR AGDAY.
CLOSING:
BY THE WAY, ORVILLE TURNS 96 IN THREE WEEKS. BEFORE WE LEAVE THIS MORNING, WE WANT TO SHARE A PHOTO THAT WE GOT FROM CLIFF. TAKE A CLOSE LOOK AT THE FOREHEAD ON THIS CALF. THAT'S THE EERIE OUTLINE OF A HUMAN SKULL. AND NO, IT'S NOT A HALLOWEEN COSTUME. THE CALF BELONGS TO BRUCE LANG WHO RANCHES NEAR STERLING, NORTH DAKOTA. ITS MAMA IS A SIMMENTAL CROSS-BEEF COW. 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.
PROMO:
I'M CLINTON GRIFFITHS. TUESDAY ON AGDAY. FEEDYARDS ON THE BRINK OF FINANCIAL COLLAPSE? WHAT WILL IT TAKE TO TURN IT AROUND? AND FIND OUT WHY IT MIGHT BE A GOOD TIME TO LOCK-IN NATURAL GAS PRICES. WATCH US WEEKDAYS, HERE ON AGDAY.

 

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