AgDay Daily Recap -October 5, 2015

October 5, 2015 02:57 AM
 

TODAY ON AGDAY
October 5, 2015

Open headlines:
FROM THE STUDIOS OF FARM JOURNAL BROADCAST, THIS IS AGDAY.COMING UP TODAY ON AGDAY -  HEAVY RAIN AND FLOODING POURS INTO THE EAST  COAST. PLUS, A LOOK AT THE DAIRY MARKET AND THE GLOBAL  DRIVERS BEHIND THIS YEAR'S SLUMP IN PRICES.
IN AGRIBUSINESS...THE SEARCH FOR HARVEST LOWS. AND IT'S CONSIDERED ONE OF THE GREATEST  COLLECTIONS OF ITS KIND. FIND OUT WHY THERE'S SO  MUCH BUZZ BEHIND THIS MEMORABILIA. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.
Multiple days of rain on the east coast:
GOOD MORNING I'M CLINTON GRIFFITHS. GROWERS UP AND DOWN THE EAST COAST DEALING  WITH SATURATED SOILS AND WET FIELDS AFTER  MULTIPLE DAYS OF HEAVY RAINS. ...AND THAT'S OUR TOP STORY ON AGDAY. JOAQUIN OR NOT, DRENCHING STORMS SETTLING IN. THIS WAS IN SOUTH CAROLINA LAST WEEK...WHERE  FLOODING CLOSED ROADS, INTERESTATES AND  BRIDGES. MANY PEOPLE WERE FORCED FROM  HOMES AND  SCHOOLS WERE CLOSED. SEVERAL PEOPLE DIED...IN STORM RELATED  ACCIDENTS. OVER THE WEEKEND FORECASTERS ESTIMATING AS  MUCH AS 15 TO 20 INCHES OF ADDITIONAL RAIN WOULD  FALL IN SOME PLACES. FARMERS ON THE EAST COAST SHUTTING DOWN  HARVEST---WAITING ON THINGS TO DRY OUT.
Crop watch:
THE DOWNPOUR OF RAIN AND HEAVY WINDS ISN'T  GOOD FOR THE NATION'S COTTON CROP, THAT'S  VULNERABLE TO SUCH INTENSE WEATHER CONDITIONS  RIGHT NOW. NATIONWIDE, NEARLY 70 PERCENT OF THE CROP HAS  OPEN BOLLS, BUT JUST 11 PERCENT IS HARVESTED.  IN SOUTH CAROLINA, 13 PERCENT OF THE CROP IS OUT  OF THE FIELD AS OF LAST WEEK. THAT'S 5 POINTS  AHEAD OF THE 5-YEAR RUNNING AVERAGE. PEANUT HARVEST ISN'T PROGRESSING AS WELL. IT'S ONLY 13 PERCENT COMPLETE...DOWN 11 POINTS  FROM AVERAGE.
Trans Pacific Partnership negotiation:
 ALSO IN THE SOUTH, A STORM BREWING OVER THE  TRANS PACIFIC PARTNERSHIP. NEGOTIATORS OF THE 12 NATION FREE TRADE DEAL  MEETING LAST WEEK IN ATLANTA, GEORGIA. AG COMMITTEE CHAIRMAN MICHAEL CONAWAY OF  TEXAS--AND 16 OTHER COMMITTEE MEMBERS--SENDING  A LETTER TO U-S TRADE REPRESENTATIVE MICHAEL  FROMAN ADDRESSING THEIR CONCERNS WITH THE  TRANS PACIFIC PARTNERSHIP. LAWMAKER CONCERNS INCLUDE IMPROVED MARKET  ACCESS FOR RICE AND DAIRY--- THE LETTER ALSO EXPRESSING DISAPPOINTMENT IN A  NEW CARVE-OUT PROPOSAL FOR TOBACCO THE MEASURE WOULD ALLOW GOVERNMENTS TO  BLOCK TOBACCO COMPANIES FROM SUING OVER ANTI- SMOKING MEASURES. THE COMMITTEE SAYS SINGING OUT ONE COMMODITY  ESTABLISHES A DANGEROUS NEW PRECEDENT. TOBACCO GROWERS SAY TRADE IS ESSENTIAL. <"WE NEE TOBACCO TO BE TREATED LIKE ANY LEGAL COMMDOITY THAT  WE HAVE IN OUR TRADE AGREEMENTS AND NOT BE CUT OUT AND LEFT  OUT."> <"THTA'S PROBABLY THE END OF OUR INDUSTRY. IF WE CAN'T EXPPRT.  DOMESTIC CONSUMPTION IS GOING DOWN AT LEAST 5 PERCENT A YEAR.  "> SEVERAL SENATORS ARE ALSO WARNING THAT A  TOBACCO CARVE OUT COULD KEEP A TRANSPACIFIC  PARTNERSHIP DEAL FROM WINNING APPROVAL IN THE  CHAMBER.
Dairy prices:
DAIRY PRICES HAVE SOFTENED FROM 2015 HIGHS.  LAST YEAR, 25 DOLLARS PER HUNDRED WEIGHT WAS  QUITE COMMON..  NOW PRICES ARE IN THE TEENS.  WITH GLOBAL OVER PRODUCTION AND SOFTER U.S.  PRICES, WHAT ARE MARKET ANALYSTS FORECASTING  THE FIRST QUARTERS OF 2016?  AGDAY'S BETSY JIBBEN TAKES A DEEPER LOOK AT  WORLD DAIRY EXPO.
Betsy Jibben:
 MOST DAIRY PRODUCERS WILL TELL YOU... 2014  TREATED THEM WELL. IT'S THIS YEAR'S PRICE DROP  THAT STINGS.  <"2014 WAS JUST A BANNER YEAR. MIGHT HAVE BEEN ONCE  IN A LIFETIME, WE DON'T KNOW.."> <"CASH FLOW WAS GOOD, CAPITAL WAS GOOD BUT WE'VE GOTTEN  OURSELVES IN A POINT WHERE WE ARE 35-45 PERCENT REMOVED FROM  WHAT WE HAD PREVIOUSLY,"> WITH MUCH SOFTER PRICES IN THE U.S. AND A GLOBAL  DAIRY GLUT,  SOME ANALYSTS EXPECT PRODUCTION TO BE STATIC  OR SLIGHTLY HIGHER IN 2016.  <"MILK PRODUCTION SEEMS TO BE ON PAR AND AT LEAST AT THIS POINT  GAUGED TO BE STATIC WITH 2015 NUMBERS AS WE GO INTO 2016. WITH LOWER  DEMAND AND SOFTER MARKETS, THAT TRANSLATES INTO LOWER PRICES,"> NORTH SAYS ONE REASON IS BECAUSE DAIRYMEN ARE  NOT CULLING AGGRESSIVELY. <"THEY'RE HOLDING STATUS QUO. WITH GOOD FEED CROP AND  PRODUCTIVELY ON THE FARM, WE'RE LIKELY TO SEE GOOD PRODUCTION ALL  THROUGH THE FIRST, SECOND AND THIRD QUARTER OF NEXT YEAR AND  CONSEQUENTLY LOWER PRICES,"> THAT'S ONLY ONE FACTOR.  RUSSIA AND CHINA ARE ALSO PUMPING THE BRAKES ON  DAIRY IMPORTS. THAT'S TACKING ON MORE INVENTORY TO AN ALREADY  OVERSUPPLIED GLOBAL MARKET.   <"RUSSIA HAS EMBARGOED DAIRY PRODUCTS FROM THE UNITED STATES  AND EUROPE. CHINA HAS CUT BACK ITS IMPORTS BY ABOUT A THIRD,"> <"THE U.S. DAIRY EXPORT COUNCIL TOLD ME THEY ANTICIPATE THAT IT WILL  TAKE ANOTHER 9 TO 12 MONTHS TO WORK OUT THOSE INVENTORIES. SO  WE ARE PROBABLY IN THIS PRICE CYCLE FOR AT LEAST ANOTHER YEAR,"> AND THE DOLLAR IS STILL A FACTOR ESPECIALLY WITH  EXPORTS.  <"I THINK IT COULD   PULL BACK TO 90. THAT COULD GIVE TO PRICES AT THE END OF THE YEAR  BUT IF WE GO BACK TO OVER 98, THEN WE MAY NOT GET THAT SEASONAL  RALLY FOR DAIRY PRICES ONCE AGAIN. WE MAY BE LOOKING AT A POOR  FOURTH QUARTER FOR OUR PRICES,">  AND OTHER COUNTRIES HAVE UPPED THEIR OWN  PRODUCTION..ESPEICALLY SINCE APRIL WHEN THE E.U.  DROPPED ITS MILK QUOTA SYSTEM. <"IRELAND IS PEGGED TO INCREASE PRODUCTION 50 PERCENT. THEY ARE  UP ABOUT 9 OR 10 PERCENT I BELIEVE OVER LAST YEAR. THE  NETHERLANDS ARE UP. SO THESE COUNTRIES HAVE BEEN GEARING UP  FOR THE ELIMINATION OF QUOTAS AND YOU JUST DON'T PUT THE BRAKES TO  THAT IN 6 MONTHS,"> HERE AT HOME.. PRODUCERS HOPE FOR BETTER  OUTCOMES IN THE YEARS AHEAD.  <"WE HAVE BUILT UP SOME CAPITAL SOME RESERVES BUT  SOME USED THAT TO REPLACE ON THE 09 AND 12 THAT WEREN'T AS  GOOD. DEPENDING WHERE YOU ARE IN THE COUNTRY, YOU MAY HAVE A  DIFFERENT FEELING."> REPORTING FOR AGDAY,  I'M BETSY JIBBEN. 
Milk production:
THANKS BETSY. EXPERTS SAY SOME OF THIS MILK PRODUCTION IS  FINDING A NEW HOME: THE MIDDLE EAST, SOUTHEAST  ASIA, AND AFRICA TO NAME A FEW.  BUT IF PRICES CREEP HIGHER, SMALLER COUNTRIES  COULD STOP BUYING.  DICKRELL ALSO SAYS A LOT OF PROCESSING PLANTS IN  THE UNITED STATES ARE AT CAPACITY.  HE BELIEVES THAT WILL BE A FACTOR OVER THE NEXT  DECADE. 
Egg surplus:
IN THE WAKE OF SERIOUS EGG SHORTAGE OF THE  COUNTRY, THE NATIONAL CHICKEN COUNCIL SAYS F-D-A  SHOULD REVERSE A RULE THAT'S WASTING EGGS.   THIS DATES BACK TO A 20-10 RULE, PUTTING STORAGE  RESTRICTIONS ON EGGS SOLD TO HATCHING  FACILITIES. BEFORE THE RULE WENT INTO EFFECT, BROILER  PRODUCERS WERE ABLE TO SELL SURPLUS EGGS, ALSO  KNOWN AS BREAKERS, TO EGG PROCESSORS TO BE  PASEURIZED AND USED IN EGG PRODUCTS. BUT THE CHICKEN COUNCIL SAYS THE RULE FORCED  BROLER PRODUCERS TO STOP SELLING THOSE  SUPRLUSES BECAUSE OF HOW THEY'RE STORED.  THE RESULT, THE INDUSTRY DESTORYING NEARLY 356  MILLION EGGS A YEAR.  NOW THE CHICKEN COUNCIL SAYS IN LIGHT OF THE  AVIAN FLU OUTBREAK, FDS SHOULD REVISIT THE USE  OF SURPLUS, AFFORDABLE, QUALITY EGGS, RATHER  THAN SEEKING COSTLY IMPORTS FROM FOREIGN  COUNTRIES. 
Crop watch:
WHILE FOLKS OUT EAST STRUGGLE WITH RAIN, OTHER  PLACES...HARVESTERS ARE ROLLING ON. CINDI CLAWSON GIVING US A LOOK IN TODAY'S  CROPWATCH. LET'S START OFF CROPWATCH  IN NORTHERN INDIANA.  GEORGE KROM IS STAYING BUSY HARVESTING IN THE  FIELD. HE'S SEEING SOME VARIABILITY IN THIS YEAR'S CROP.  THAT'S RANGING FROM EAR LENGTHS TO DISEASE. HE  SAYS THE YIELD MONITOR IS REALLY DROPPING IN  SOME FIELDS AS WELL. MOVING OVER NEAR HANSTON, KANSAS..  COLLIN REECE SAYS IT'S BEEN A SLOW START TO  SORGHUM HARVEST. HE HOPES TO BE IN FULL SWING  BY NEXT WEEK.  HE EXPECTS IRRIGATED YIELDS ON DRYLAND ACRES.  ACCORDING TO USDA'S CROP PROGRESS REPORT, 62  PERCENT OF KANSAS SORGHUM IS RANKED GOOD TO  EXCELLENT.  THANKS CINDI. AS CROPS COME IN TRADERS ARE SEARCHING FOR THE  BOTTOM OF THE MARKET. I'LL ASK THE EXPERTS NEXT AT THE AGRIBUSINESS  DESK. PLUS IF YOU FANCY YOURSELF AS AN "AMERICAN  PICKER" WHO KNOWS HOW TO SCROUNGE IN OLD  BARNS LOOKING FOR COLLECTIBLES, THEN YOU MAY BE  INTERESTED IN THIS IMPRESSIVE ASSEMBLY OF GAS  PUMPS AND OIL SIGNS. IT'S UP FOR AUCTION IN THE  KEYSTONE STATE, LATER ON AGDAY. (AGDAY SPONSORED BY THE ENLIST WEED CONTROL  SYSTEM FROM DOW AGROSCIENCES - COMBINING THE  PROVEN CONTROL OF A NEW 2-4-D AND GLYPHOSATE.  TAKE CONTROL OF TOUGH WEEDS LIKE NEVER BEFORE
CME:
IN AGRIBUSINESS IT WAS VOLATILE WEEK...ESPECIALLY  IN CATTLE.  LETS SEE WHERE MARKETS SETTLED FRIDAY. FOR THAT  WE HEAD TO THE FLOOR OF THE CME.
WE HAD A MOVE DOWN IN CATTLE NOW THIS PAST WEEK DESPITE A HIGHER MOVE ON FRIDAY WE'RE STILL OFF WELL OVER 500 POINTS FOR THE WEEK. AND WE HAD NEW CONTRACT LOWS POSTED FOR CATTLE THIS PAST WEEK AND WE ALSO HAD THE MARKET TRADING AT 2 YEAR LOWS. WE HAD CASH CATTLE DOWN AT 1.20 AND AGAIN ABOUT 2 YEAR LOW IN THERE. FOUR WEEKS AGO WE TOOK OUT THE 2014 LOWS IN CATTLE AND HERE WE ARE PUSHING DOWN TO LOWS IN CATTLE WE HAVEN'T SEEN FOR SEVERAL YEARS. I'M FRANK LESH FUTURE PATH TRADING HERE AT THE CME GROUP.

AgriBusiness Desk:
AT THE AGRIBUSINESS DESK, BRIAN BASTING OUR  GUEST, ADVANCE TRADING. BRIAN, LET'S TALK ABOUT  WHERE WE SIT NOW AS FAR AS HARVEST PRICES GO.  EVERYONE KEEPS WONDERING IF THIS IS AS LOW AS  THIS GETS. IS THERE AN OPPORTUNITY TO GO LOWER.  IT SEEMS LIKE A MOVING TARGET. EVERY YEAR IS  DIFFERENT. I THINK THIS YEAR WILL HAVE ITS OWN  CHARACTERISTICS OF PERSONALITY. I THINK A  PRODUCER SHOULD CONSIDER PRICE MANAGEMENT  INSTEAD OF PRICE PREDICTION. PARTICULARLY SINCE  WE HAVE FINISHED HARVEST AND DECIDING WHAT TO  DO WITH THE 2015 CROP. IF YOU LOOK AT THE CORN  MARKET. IT'S OFFERED A GOOD CARRY NOW OUT TO  THE NEXT SPRING, EVEN OUT TO NEXT SUMMER, THAT'S  PARTICULARLY FOR FARMERS WITH ON FARM STORAGE.  WE ARE ENCOURAGING PRODUCERS TO MANAGE  THOSE BUSHELS AND GIVE YOURSELF A FLOOR BUT  LEAVE THE UPSIDE OPEN. AND A STRANGE THING TO  CONSIDER WOULD BE A PUT OPTION IN THAT EXAMPLE  CLINTON. ON THE SOYBEAN SIDE, SIMILAR IDEA? WHAT  WE'RE HEARING WITH SOYBEAN YIELDS CLINTON, IS IN  SOME CASES AND IN MORE THAN ISOLATED CASES,  WE'RE SEEING SOYBEAN YIELDS FAR ABOVE THE APH. IN  SOME INSTANCES, WE ARE SEEING 10-15-20 BUSHELS  ABOVE THE APH. ONE STRATEGY TO CONSIDER FOR  GROWERS IS TO TAKE THAT GROSS REVENUE, SELL  THOSE SOYBEAN BUSHELS BUT THEN PURCHASE A CALL  OPTION TO GIVE YOURSELF UPSIDE POTENTIAL IN CASE  WE SEE A RALLY POST HARVEST. CHANCES IN A RALLY  IS GOING TO BE PRETTY TOUGH RIGHT? WE ARE  LOOKING AT A BURDENSOME SUPPLY SITUATION IN  SOUTH AMERICA RIGHT NOW. IT LOOKS LIKE  BURDENSOME IN THE U.S. BUT THINGS CAN CHANGE.  YOU ALWAYS WANT TO MAINTAIN FLEXIBILITY AS LONG  AS YOU CAN. ALRIGHT BRIAN, I APPRECIATE THE  PERSPECTIVE. WE WILL BE BACK WITH MORE AGDAY IN  A MOMENT. (AGDAY - BROUGHT TO YOU BY BASF. GROW SMART  WITH BASF AND GET THE MOST ACRE AFTER ACRE  SEASON AFTER SEASON)

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Drought moniter:
WELCOME BACK TO AGDAY. CINDI CLAWSON FILLING IN FOR MIKE TODAY.  CINDI. LOOKING AT THE DROUGHT MONITOR HERE, IT WAS STARTING TO GET  DRY OUT IN THE CAROLINAS, CINDI, I DON'T THINK THAT'S GOING TO  BE A  PROBLEM. NO, NOT SO MUCH ANYMORE. I THINK WE'LL SEE PRETTY GOOD  REVERSAL OF THAT AS WE GET INTO NEXT WEEK'S U.S.D DROUGHT   MONITOR, BUT OF COURSE WEEK BY WEEK YOU KNOW IT TAKES A FEW  DAYS TO SEE THESE CHANGES HAPPEN BUT HERE'S THE LATEST LOOK  At  THE U.S. DROUGHT MONITOR AND EVEN THEN THE CHANGES WE ARE  EXPECTING TO SEE IN THE SOUTHEAST BECAUSE OF THE ALL THE RECENT   RAINS THINGS REALLY HAVEN'T CHANGED MUCH ON THE DROUGHT  MONITOR. THE PROBLEM AREAS ARE STILL  L.THE PROBLEM AREAS. OUT IN  HE WEST WHERE WE ARE SEEING EXTREME AND EXCEPTIONAL DROUGHT  IMMERSING EXTREME DROUGHT ALSO IN PARTS OF THE SOUTHERN PLAINS  AND  IN THE WESTERN HALF OF HT GULF COAST STATES. SO THIS IS  OBVIOUSLY AN AREA THAT WE'RE GOING TO CONTINUE  AND WE'RE  STARTING TO SEE SOME FEW MORE DRY SPOTS POPPING UP HERE AND  THERE IN THE NORTH CENTRAL AND NORTHEASTERN UNITED STATES AS WELL. 
National weather forecast:
WHAT CAN WE EXPECT AS WE HEAD THROUGH THE NEXT SEVERAL DAYS?  WELL HERE'S A LOOK AT THE JET STREAM TO START OFF THE WEEK AND  WE'RE GOING TO BE SEEING SOME FAIRLY WARM TEMPS THROUGHOUT  MUCH OF THE COUNTRY ESPECIALLY FOR THE SOUTHERN PARTS BUT WATCH  AS WE SEE ANOTHER TROPH A FAIRLY DECENT ONE BY THE TIME IT GETS TO  THE WEEKEND INTO THE NORTHEASTERN UNITED STATES SO LOOK FOR A  REAL COOL DOWN THERE ESPECIALLY IN THE NORTHEAST WHERE WE'LL  CONTINUE TO SEE WARMER WEATHER OUT IN MUCH OF THE WEST DESPITE  THE FACT THAT WE ARE GOING TO BE LOOKING AT BELOW NORMAL TEMPS  MAINLY BECAUSE OF SOME RAIN IN THE FOUR CORNER REGIONS. BUT WE  ARE LOOKING AT OVERALL ABOVE NORMAL TEMPS FOR THE WEEK  BUT  AGAIN IT WILL COOL DOWN AS WE GET INTO TOWARDS THE WEEKEND,  ESPECIALLY FOR THE EASTERN PARTS OF THE GREAT LAKES  AND ON INTO  THE NORTHEAST. AS FAR AS PRECIP IS CONCERNED , WE'RE LOOKING AT  WETTER WEATHER  FOR THAT, OF COURSE YOU CAN THANK THE INCOMING  SYSTEM FOR THAT. THAT BIG TROPH THAT'S GOING TO BE COMING THROUGH.  ABOVE NORMAL PRECIP IN THE SOUTHERN PLAINS THERE SO SOME OF  THOSE  AREAS THAT  TARE SEEING SOME PRETTY DRY  CONDITIONS WILL  GET A LITTLE RELIEF THIS WEEK. WE'RE ALSO LOOKING AT ABOVE NORMAL IN  THE PACIFIC NORTHWEST. JUST A LITTLE ON THE DRY SID IN PARTS OF THE  NORTHERN PLAINS AND DOWN INTO FLORIDA. EVERYONE ELSE SHOULD BE  PRETTY CLOSE TO NORMAL. AS FAR AS THE LONGER TERM PICTURE, THE 30  DAY TEMPERATURES, WE'RE LOKING AT WARM ONES IN THE NORTHEAST.  AND ALL PRETTY MUCH ACROSS THE NORTHERN STATES AND OVER IN MUCH  OF THE WESTERN UNITED STATES. LOOKS TO BE A LITTLE ON THE COOL SIDE  IN MUCH OF THE TENNESSEE VALLEY DOWN TOWARD THE GULF COAST  STATES. AND AS FAR PRECIPITATION OVER THE NEXT 30 DAYS, IT'S GOING  TO BE ON THE WARM SIDE ON THE, OR EXCUSE  ME, THE WET SIDE  ALONG EASTERN SEABOARD. A LONG THE SOUTHERN TIER OF STATS. AND IN  MUCH OF THE ROCKIES AS WELL WE'RE LOOKING AT BELOW NORMAL PRECIP  IN MUCH OF THE WESTERN PARTS OF THE GREAT LAKES. THAT'S A LOOK AT  THE NATIONAL FORECAST.
Regional forecast:
 NOW LET'S CHECK ON THE FORECAST WHERE YOU  LIVE. SPOKANE WASHING SUNNY AND PLEASANT  FOR YOU TODAY WITH A  HIGH OF 72. BLACKWELL OKLAHOMA, MOSTLY SUNNY AND WARMER HIGH  OF 73 EXPECTED. CLOVISVILLE NEW YORK, PARTY CLOUDY AND COOL WITH A  HIGH OF 59> UP NEXT MACHINERY PETE STOPS BY FOR HIS MONDAY  VISIT, AND LOOK AT SUB-100 HORSE TRACTORS. AND LATER, WE'LL SEE WHAT'S CONSIDERED ONE OF  THE GREATEST COLLECTIONS OF ITS TIME--THESE OLD  GAS SIGNS AND PUMPS ARE HEADING TO IN AUCTION  AND BUYERS ARE EXCITED TO BID. AGDAY-BROUGHT TO YOU BY YAMAHA, MAKERS OF  VIKING SIDE BY SIDES. YAMAHA-REAL WORLD TOUGH)

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Machinery Pete:
(MACHINERY PETE TV - BROUGHT TO YOU BY JOHN DEERE AND YOUR  JOHN DEERE DEALER. NOTHING RUNS LIKE A DEERE.)
BIG TRACTORS HAVE STRUGGLED A BIT THIS YEAR, BUT  SMALLER TRACTORS REMAIN HOT. MACHINERY PETE JOINS AGAIN THIS MONDAY WITH  SOME EXAMPLES 
USED TRACTORS JUST OVER 100 HORSE,
 BEEN RED HOT ON THE USED MARKET, FOLKS. MORE PROOF
OF THAT CAME ON AN AUCTION IN WEST CENTRAL MINNESOTA
 A WEEK AGO FRIDAY, SEPT. 25, WHERE THIS 2012 JOHN
DEERE 6125R, WITH 444 HOURS, SOLD WITH AN H-340 LOADER
 AND IT BROUGHT $106,000 AND THAT'S TIED FOR THE
RECORD HIGH AUCTION PRICE I'VE EVER SEEN ON A 6125R
SOLD WITH A LOADER. NOW, YOU CAN FIND MORE PROOF OF
 THIS-- HOW HOT THIS MARKET IS IF YOU GO TO THE
MACHINERY PETE. COM WEBSITE AND CHECK OUT OUR DEALER
 LISTING. SO, WE'VE GOT 153 JD 6125RS LISTED AND
YOU CAN USE THE SEARCH FUNCTION AND NARROW THAT
DOWN TO JUST THE 2012 MODELS, WELL NOW WE'VE GOT
 17 OF THEM AND HERE'S AN EXAMPLE FROM OUR
FRIENDS AT SIDE AND STRICKERS IN CHILLICOTHE,
 MO: A 2012 MODEL, 6125 R WITH AN H-340 LOADER,
 JUST UNDER 400 HOURS, ASKING FOR $95,000, SO
$11,000 LESS THAN THE ONE THAT JUST SOLD FOR ON
 THE AUCTION IN MINNESOTA, SO AGAIN 125 HORSE
USED TRACTORS, GOOD CONDITION, RED HOT. REMEMBER
 FOLKS, WHEN IT COMES TO FINDING AND VALUING
YOUR NEXT PIECE OF USED EQUIPMENT GO TO MACHINERY
 PETE.COM.
 IF YOU’RE A FAN OF OLD TRACTORS, THEN YOU MIGHT BE  INTERESTED IN OUR NEXT STORY. WE'LL TELL YOU  ABOUT AN AUCTION FOR WHAT'S REGARDED AS THE  MOST IMPRESSIVE COLLECTION OF OLD FASHIONED  GAS PUMPS AND SIGNS IN THE COUNTRY.
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(IN THE COUNTRY BROUGHT TO YOU BY THE ALL NEW  KUBOTA SSV SERIES SKID STEERS. YOU ASKED FOR A  QUALITY SKID STEER AND WE DELIVERED. VISIT YOUR  LOCAL KUBOTA DEALER TO TEST DRIVE ONE TODAY)

Vintage collections:
A VAST COLLECTION OF RARE GASOLINE SIGNS, GAS  PUMPS, GAS GLOBES, PETROLEUM ADS AND OTHER  ARTIFACTS,  IS COMING UP FOR AUCTION IN  PENNSYLVANIA TODAY. IT WAS PAINSTAKINGLY AMASSED OVER 40 YEARS AND  THIS COLLECTION OF AMERICANA IS WIDELY REGARDED  AS THE BEST OF ITS KIND. IN THE WORLD OF PETROL-IANA AND AUTO-MO-BILIA,  KYLE D. MOORE'S NAME CARRIES A KIND OF MYSTIQUE,  HIS VAST COLLECTION OF VINTAGE GASOLINE SIGNS,  GAS-STATION PUMPS, GAS GLOBES, PETROLEUM ADS  AND OTHER ARTIFACTS IS IN THE "DRIVERS SEAT" SO IT IS CONSIDERED BY MOST THE BEST COLLECTION  OF GAS AND OIL EVER PUT TOGETHER IN ITS TIME."> CHRIS HALL IS AN ANTIQUES DEALER WHO WOULD LOVE  TO GET HIS HANDS ON THIS DISPLAY. "I'VE SEEN MANY COLLECTIONS AND NOTHING  COMPARES TO THIS COLLECTION.> THE COLLECTION'S CURRENT OWNER, WHO BOUGHT IT  FROM MOORE IN 2006, IS SELLING THE ENTIRE TROVE  OF 2,000 PETROLEUM-RELATED ADVERTISING SIGNS, 900  GAS GLOBES AND 150 PUMPS AT A SERIES OF FOUR  AUCTIONS IN LANCASTER COUNTY PENNSYLVANIA. <THIS COLLECTION IS MADE UP OF OVER 50 YEARS OF  COLLECTING OF EARLY GAS AND OIL SIGNS,  ADVERTISING, DISPLAY PIECES, GLOBES, YOU NAME IT.  ANYTHING IN GAS AND OIL, KYLE MOORE CHASED IT."> MOST COLLECTORS ASSUMED IT WOULD WIND UP IN A  MUSEUM. INSTEAD IT'S COMING UP FOR AUCTION IN  PENNSYLVANIA, GENERATING ENORMOUS BUZZ WITHIN  THE HOBBY AND PREDICTIONS OF A POSSIBLE FEEDING  FRENZY AS DEEP-POCKETED COLLECTORS VIE FOR THE  RAREST, MOST HIGHLY SOUGHT-AFTER ITEMS,  INCLUDING A 90-YEAR-OLD, PORCELAIN 'KELLY TIRES'  SIGN THAT COULD WIND UP FETCHING SIX FIGURES. <"ANYBODY THAT COLLECTS CARS, THEY ALL WANT  SOMETHING FOR THEIR GARAGE WALL. AND THESE  GUYS THAT ARE SPENDING $1 MILLION, $2 MILLION, $3  MILLION ON EARLY FERRARIS OR BUGATTIS OR  WHATEVER, FOR THEM TO SPEND $50,000 OR $100,000  ON A SIGN, ON A GOOD SIGN, TO PUT ON THAT WALL,  IT'S NOTHING TO THOSE GUYS. AND THESE ARE ALL THE  GUYS THAT ARE COMING IN FOR THIS SALE.> AS FAR AS CHRIS HALL, HE HAS A BUDGET OF 50- THOUSAND DOLLARS FOR THE SALE. HE'S HOPING SOME  ITEMS WILL SLIP THROUGH THE CRACKS SO HE CAN  SCOOP THEM UP FOR A RELATIVE BARGAIN. <"YOU JUST WANT THIS MERCHANDIZE, YOU KNOW?"> COLLECTORS ARE FLYING IN FROM AROUND THE  UNITED STATES AND AS FAR AWAY AS GERMANY AND  THE NETHERLANDS FOR THE FIRST AUCTION, TO BE  HELD TODAY. AND GET THIS - MORPHY SAYS THE ENTIRE COLLECTION  COULD FETCH AS MUCH AS 20 MILLION DOLLARS! THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE  GLAD YOU TUNED IN.  FOR BETSY JIBBEN, MACHINERY PETE, AND CINDI  CLAWSON, I'M CLINTON GRIFFITHS. HAVE A GREAT DAY  IN FARM COUNTRY. (HIGH STRENGTH STEEL FOR HIGH STRENGTH  DEPENDABILITY, THE CHEVY SILVERADO IS THE  OFFICIAL NEWS GATHERING VEHICLE OF AGDAY  TELEVISION)

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Close:
IM CLINTON GRIFFITHS. TUESDAY ON AGDAY, WE'RE OFF TO THE SOUTHERN  PLAINS WHERE MULTIPLE YEARS OF DROUGHT IS  SLOWLY FADING AS RAINS AND CROPS RECOVER. PLUS A LOOK AT HARVEST PROGRESS. JOIN ME WEEKDAYS FOR AGDAY.

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