AgDay Daily Recap -December 4, 2017

December 4, 2017 12:57 AM
 
AgDay

TODAY ON AGDAY
DECEMBER 4, 2017


HEADLINES
NEW FARM PROFIT EXPECTATIONS ARE OUT. PLUS, A TASTE OF PECAN HARVEST IN LOUISIANA. IN AGRIBUSINESS...CHINA IS ALREADY BUYING ETHANOL. MACHINERY PETE SAYS GET A VACCUME BEFORE YOU HEAD TO AUCTION. AND A SISTER ACT HEADED TO LOFTY HEIGHTS. AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

USDA FARM ECONOMY NUMBERS
GOOD MORNING I'M CLINTON GRIFFITHS. ANOTHER WEEK AND NEW NUMBERS ARE ROLLING OUT ABOUT EXPECTATIONS  FOR THE FARM ECONOMY.  USDA SAYS FOLLOWING YEARS OF DECLINE, U.S. NET FARM INCOME IN 2017 IS  FORECAST TO BE RELATIVELY UNCHANGED...COMING IN AT $63.2 BILLION.  THE FIGURE IS UP ABOUT A HALF BILLION DOLLARS. NET CASH FARM INCOME--WHICH ANALYSTS AT FARMER MAC SAY IS BETTER  MEASURE OF THE HEALTH OF THE FARM ECONOMY-- IS FORECAST HIGHER. IT'S SET TO RISE NEARLY 2 BILLION DOLLARS TO $96.9 BILLION.  HOWEVER, BOTH PROFITABILITY MEASURES REMAIN BELOW THE 2000-2016  AVERAGES. "17 IS PLAYING OUT A LITTLE BIT DIFFERENTLY THAN WE THOUGHT ORIGINALLY I THINK IT WAS  JUST TO BE ANOTHER SIGNIFICANT DECREASE IN FARM INCOME AND MAYBE WE'RE SEEING A LITTLE BIT OF  AN INCREASE THIS YEAR. SO, 16 MAY HAVE BEEN AN INFLECTION POINT FOR US 17 WE'RE STARTING TO SEE IT PICK UP A LITTLE BIT.  NOW IT'S NOT ALL OPERATORS ARE GOING TO TELL YOU THAT STORY. SO CERTAINLY THE INCREASE IS MORE  RELATED TO THE PROTEIN SECTORS WHERE A LOW COST OF FEED HAS HELPED THE BOTTOM LINE AS WELL AS  GOOD DEMAND OVERSEAS DEMAND, STRONG EXPORTS HAVE BEEN A MAJOR PLAYER IN THAT  INCREASE.THE 2017 FORECAST FOR A FARM BUSINESS' AVERAGE NET CASH FARM INCOME  IS $102,000. THAT'S SLIGHTLY LOWER THAN THE 2016 FORECAST OF $102,800.

TRADE AND NAFTA
TRADE IS A BIG PART OF THE ECONOMIC PICTURE IN 2017. THAT'S ONE REASON THE INDUSTRY IS SO FOCUSED ON THE NAFTA  RENEGOTIATIONS NOW EXPECTED TO STRETCH INTO THE NEW YEAR. WHILE NEGOTIATIONS ARE SET TO RESUME LATER THIS MONTH, USDA  SECRETARY SONNY PERDUE IS TELLING THE AG INDUSTRY TO REMAIN CALM. SPEAKING TO AG RETAILERS, HE SAYS HE BELIEVES THE PRESIDENT IS A TOUGH  NEGOTIATOR AND MAY PUSH TALKS TO THE BRINK. ADDING THAT HE KNOWS THE PRESIDENT UNDERSTANDS THE POWER OF THE AG  ECONOMY AND WHO VOTED FOR HIM. HE MADE SIMILAR COMMENTS TO FARM BROADCASTERS LAST MONTH. I CAN ASSURE YOU WE'VE THE ADMINISTRATION KNOWS HOW IMPORTANT AGRICULTURE NAFTA HAS BEEN  TO AGRICULTURE AND WE'RE CONTINUE NEGOTIATING. I THINK THERE'S PROBABLY SOME ROOM FOR SOME  ANXIETY OF COURSE FARMERS DON'T NEED A LOT TO BE ANXIOUS ABOUT BUT ROOM FOR ANXIETY WHEN WE  SEE SOME OF THE PROCLAMATIONS COMING OUT. BUT AT THE END OF THE DAY I THINK WE WILL GET AN  AGREEMENT. I THINK THE PRESIDENT IS A TOUGH NEGOTIATOR. IT MAY GO TO THE BRINK AND BUT I  BELIEVE WE WILL GET A NEW AND ACTUALLY A BETTER AGREEMENT.  SOME OF THAT TOUGH NEGOTIATING ALREADY UNDER WAY NORTH OF THE  BORDER OVER IMPORTS OF CANADIAN SOFTWOOD. THIS DISPUTE IS SEPARATE FROM NAFTA. CANADA HAS REQUESTED WTO CONSULTATIONS WITH THE U-S REGARDING ANTI- DUMPING AND COUNTERVAILING DUTIES IMPOSED LAST MONTH. THE U-S CLAIMS CANADA IS UNFAIRLY HURTING U-S LUMBER COMPANIES.CANADA CONSIDERS THE RETALIATORY TARIFFS TO BE INCONSISTENT WITH  PROVISIONS OF THE WTO'S AGREEMENT ON ANTI-DUMPING.

LOUISIANA PECAN CROP
WET AND OVERCAST CONDITIONS DURING AUGUST HAVE PUT A DAMPER ON  WHAT STARTED OUT AS AN EXCELLENT PECAN CROP THIS YEAR FOR GROWERS  IN LOUISIANA LSU AGCENTER'S CRAIG GAUTREAUX HAS THE STORY. FROM AN UNTRAINED EYE, IT MAY APPEAR THAT LOUISIANA HAS A DECENT PECAN CROP THIS YEAR.  BUT  UPON CLOSER INSPECTION, MANY OF THE KERNELS INSIDE THE PECAN ARE ONLY PARTIALLY FILLED. A  WET AND OVERCAST AUGUST IS TO BLAME. CHARLIE GRAHAM:  THE EFFECT THAT IT HAD ON THE PECANS WAS IT CAUSED SHUCK DECLINE, WHICH IS  BASICALLY A PHYSIOLOGICAL PROBLEM WHERE THE SHUCK STARTS TO DIE BACK EARLY, AND THE NUTS  WERE NOT FILLED YET. GRAHAM SAID THAT EARLIER PROJECTIONS WERE FOR LOUISIANA'S CROP TO BE AROUND 15 MILLION  POUNDS. NOW, NEARLY THREE QUARTERS THROUGH THE SEASON, IT LOOKS LIKE THE CROP WILL BE AROUND  7 TO 8 MILLION POUNDS. MANY OF THE PECANS ARE BEING DISCARDED BECAUSE OF THEIR LOW QUALITY. WE HAVE WHAT WE CALL "POPS," WHERE THE KERNEL DOESN'T DEVELOP. THOSE ARE VERY, VERY, VERY LIGHT. AND SO WHEN YOU TAKE A LOAD OUT OF THE FIELD AND TAKE IT TO THE CLEANING PLANT, AND YOU  START BLOWING EVERYTHING, THERE'S ASPIRATORS, ALL THAT LIGHTWEIGHT PECANS GET BLOWN OUT WITH THE  TRASH. THIS YEAR'S CROP HAS A VERY HIGH PERCENTAGE OF THESE "POPS." PECAN TREES HAVE A TENDENCY  TO PRODUCE EVERY OTHER YEAR, AND THIS YEAR WAS EXPECTED TO BE A GOOD ONE FOR MUCH OF  LOUISIANA. GRAHAM:  WE HAVE IN PECANS WHAT WE CALL ON AND OFF YEARS. AND WHAT THAT MEANS IS A PECAN  TREE WILL PRODUCE A REALLY HEAVY CROP ONE YEAR, AND IT USES SO MUCH ENERGY TO PRODUCE THAT  CROP, THE FOLLOWING YEAR WILL BE A LIGHT CROP WHILE IT RECOVERS FROM THE PREVIOUS YEAR.  GEORGIA,THE NATION'S LARGEST PECAN PRODUCING STATE, IS FACING SIMILAR ISSUES, BUT DON'T EXPECT  TO SEE A MAJOR SHORTAGE OF PECANS. IT'S A SOUTHEASTERN ISSUE. IN THE WEST, THINGS SEEM TO BE GOING EXCEPTIONALLY QUITE WELL.  THEY'VE STARTED HARVESTING IN ARIZONA AND NEW MEXICO, WHICH ARE SOME OF THE BIGGEST  PRODUCERS OUT THERE. BUT FOR GROWERS IN LOUISIANA, IT WILL DEFINITELY BE ONE OF THOSE OFF-YEARS IN TERM OF PRODUCTION  AND QUALITY. WITH THE LSU AGCENTER, THIS IS CRAIG GAUTREAUX REPORTING.THANKS CRAIG. LOUISIANA TYPICALLY RANKS IN THE TOP SIX OF PECAN PRODUCING STATES  WITH CROPS AVERAGING BETWEEN 10 AND 15 MILLION POUNDS. MEANWHILE THE GEORGIA PECAN CROP IS SMALLER THIS YEAR DUE TO  HURRICANE IRMA.  EARLY ESTIMATES PUT LOSSES AT 30-PERCENT.

END OF HURRICANE SEASON
AND RESIDENTS IN THE FLORIDA KEYS ARE CELEBRATING THE END OF THE  HURRICANE SEASON. THEY DOUSED HURRICANE FLAGS IN RUM AND BURNED  THEM. PARTS OF THE KEYS WERE DEVASTATED BY HURICANE IRMA. THE FLAG-BURNING CEREMONY ATTRACTED ABOUT 400 PEOPLE. IT INCLUDED A  SPEECH BY THE KEYS EMERGENCY MANAGEMENT DIRECTOR PRAISING THE  RESILIENCE AND SPIRIT OF THE AREA'S CITIZENS. THE JUST-ENDED HURRICANE SEASON GENERATED 17 TROPICAL STORMS IN THE  ATLANTIC. HURRICANES HARVEY, IRMA AND MARIA CAUSED MORE THAN 200  BILLION DOLLARS IN DAMAGES.

CROP COMMENTS
HARVEST IS DONE FOR MOST IN THE MIDWEST. MIKE HOFFMAN SHOWS US HOW  FARMERS ARE PASSING THE TIME AHEAD IN CROP COMMENTS. MIKE.  GOOD MORNING, CLINTON.  WELL, YOU CAN TELL HARVEST HAS COME TO A CLOSE IN CENTRAL OHIO  SINCE MICHAEL VALLERY IS CLEANING UP AFTER A LONG HARVESET! HOWEVER, FARMERS IN POCKETS OF THE STATE HAVE A WAYS TO GO. USDA SAYS  87 PERCENT OF THE CORN CROP IS OUT OF THE GROUND, STILL BEHIND THE 5  YEAR AVERAGE. LOUIE NIGG IN PEEVER, SOUTH DAKOTA IS DONE WITH HARVEST TOO.  HE'S PUTTING DRAIN TILE INTO THE GROUND. LOUIE SAYS HE HOPES THE  GROUND FREEZES UP SOON - THERE'S ALWAYS A LOT OF OFFICE WORK THAT  NEEDS TO BE DONE.  AND NOW HERE ARE SOME HOMETOWN TEMPS.  FARM JOURNAL ON AIR IS THE GO-TO APP FOR AMERICAN AGRICULTURE.  AGDAY, AGRITALK, U.S.  FARM REPORT AND MORE - 24/7 ACCESS TO ALL OF YOUR FAVORITE SHOWS. TV AND RADIO...IN YOUR  HANDS, ON DEMAND.  FARM JOURNAL ON AIR - DOWNLOAD THE APP TODAY. 

TEASE
AS THE GOVERNMENT UNVEILS NEW BIOFUEL LEVELS FOR THE COMING YEAR,  CHINA IS SHOWING GREAT INTEREST IN BOOSTING THEIR ETHANOL USE. DETAILS  JUST AHEAD IN AGRIBUSINESS. STAY TUNED FOLKS. COMING UP I'M GOING TO TALK ABOUT THREE SUPERCLEAN CASE IH TRACTORS  SOLD IN MINNESOTA LAST WEEK. AND MEET A GROUP OF NUNS - FIERCE COMPETITORS ON THE SOCCER FIELD.   BUT WHEN THEY SET THEIR SPORTS ASIDE, THEIR COLLECTIVE AND HARMONIC  VOICES RESONATE THIS CHRISTMAS SEASON. DETAILS AS WE HEAD IN THE COUNTRY. RECEIVE A FREE TRIAL OF THE DAILY GRAIN PLAN NEWS LETTER FROM ROACH AG MARKETING.  TEXT  ROACH TO 31313.  START YOUR SUBSCRIPTION BY TEXTING ROACH TO 31313.

FLOOR OF THE CME
IN AGRIBUSINESS..BAYER ANNOUNCING FRIDAY THAT THE COMMITTEE ON  FOREIGN INVESTMENT IN THE U.S. HAS NO NATIONAL SECURITY CONCERNS  RELATED TO ITS PLANNED ACQUISITION OF MONSANTO. THE GERMANY BASED COMPANY SAYS IT'S STILL PLANNING TO FINISH THE DEAL  IN EARLY 2018.  SPEAKING OF DEALS--WHAT WAS THE DEAL WITH COMMODITY MARKETS FRIDAY? WE GET ANSWERS FROM OUR FRIENDS ON THE FLOOR OF THE CME. BEANS WE'RE UP TODAY A LOT OF NON-COMMERCIAL BUYING REALLY GAVE FUTURES A BIG BOOST. YOU  KNOW THE TECHNICAL BUILDING OF OF THAT BULLISH MOMENTUM REALLY CONTINUES AND IT KIND OF IS  OFFERING SOME FIRMNESS TO THE MARKET AND IT'S STILL STAYING HIGHER. NOW WITH THAT IN MIND IT  DOES MAKE THE SOYBEAN MARKET A LITTLE BIT VULNERABLE TO FUNDAMENTAL NEWS BECAUSE THE  FUNDAMENTAL NEWS COMING IN REALLY IS TO THE BEARISH SIDE. CORN WAS ALSO RISING THAT SHORT  COVERING REALLY GAVE THE RALLY A LOT OF MOMENTUM AND IT SEEMS LIKE THE SURGING MARKET IS  POSSIBLY. I THINK IT'S KIND OF LIKE TELLING US THAT IT'S FOUND THE BOTTOM. THE CATTLE MARKET SHARP  DROP TECHNICAL SELLING CAME IN TO START THAT FINAL MONTH OF 2017 AND EVERYBODY'S HANDS WERE  OUT. THE FEEDERS ALSO FELL WITH THE WEAK BEEF DEMAND REALLY PRESSURING THOSE FUTURES. YOU  KNOW EVEN THOUGH WE HAD A DECENT INCREASE IN EXPORTS FROM LAST WEEK IT JUST WASN'T ENOUGH  TO HOLD THE MARKET UP AND POST THANKSGIVING THE BEEF DEMAND HAS BEEN DISAPPOINTING AT  BEST. THAT'S ALL FROM THE FLOOR AT THE CME GROUP HERE IN CHICAGO. I'M VIRGINIA MCGATHEY. 

AGRIBUSINESS
E-P-A RELEASING THE FINAL RULE THURSDAY THAT SETS THE 2018 BLENDING  REQUIREMENTS FOR BIOFUELS IN THE U-S. THE LEVELS WERE MOSTLY UN- CHANGED FROM THE PROPOSED AMOUNTS.. MEANWHILE ETHANOL DEMAND IS BUILDING IN CHINA AS TYNE MORGAN  REPORTS. HERE NOW WITH NAOMI BLOOHM OF STEWART PETERSON NOW NAOMI A COUPLE OF MONTHS AGO WE  HEARD THAT CHINA WAS GOING TO IMPLEMENT MORE ETHANOL INTO ITS GASOLINE SUPPLY ETN  MANDATE THAT ENERGIZED SOME PEOPLE THINKING THAT THAT WOULD HELP MOVE CORN PRICES. HIGHER  NOW THAT THE DUST IS KIND OF CELLS FROM THAT. DO YOU THINK THAT THAT'S THE CASE. WHAT WE'VE  BEEN HEARING RECENTLY IS THAT THE DEMAND IS IMPROVING THERE WITH THE ETHANOL AND WE'RE SEEING IT. WE'RE SEEING IT BECAUSE OCTOBER ETHANOL IMPORTS TO CHINA WERE AT A REAL HIGH  NUMBER OF 11000 CUBIC METERS WHICH WAS UP FROM ABOUT A THOUSAND CUBIC METERS A YEAR  AGO. WOW. SO THERE ARE SOME BIG IMPROVEMENTS THERE WE ARE SEEING ETHANOL GO TO CHINA  FROM THE UNITED STATES. WE ARE SEEING CHINA IMPORT CORN FROM THE UNITED STATES. SO THINGS  ARE FINALLY STARTING TO MOVE THERE. THEY'RE NOT 20 PERCENT OF GASOLINE USED RIGHT NOW CONTAINS  ETHANOL. AND TO GET IT UP TO THAT 100 PERCENT NUMBER WHICH THEY'RE GOING TO TRY TO DO BY 2020  IT'S GOING TO REQUIRE AN ADDITIONAL BILLION BUSHELS OF CORN A YEAR. SO THEY HAVE SOME OF THAT  OLD ROTTEN CORN THEY CAN USE BUT THEY'RE GOING TO NEED SOME FRESH CORN TOO. BUT WE KNEW  WHEN WE WHEN DOES THAT START. YOU KNOW I HEARD FROM SOME ANALYSTS THAT SAID THAT REALLY  WON'T HIT US HARD AND WE WON'T SEE THAT BOOM IN DEMAND POSSIBLY UNTIL 2019 SO THAT WE  WOULD STILL HAVE TO GET THROUGH THE 2018 MARKETING YEAR. ARE YOU ON THAT PAGE. I WOULD AGREE  WITH THAT. WHEN WE START TO REALLY SEE IT BUT AT THE SAME TIME WE'RE STARTING TO SEE IT. AND SO  IT'S NEVER WHAT CHINA SAYS IT'S WHAT CHINA DOES. AND SO WE ARE SEEING THEM IMPORT. WE ARE  SEEING THEM IMPORT THE ETHANOL AND THE CORN. SO THINGS ARE REALLY LOOKING UP. SO YOU THINK  FOR 2018 THERE'S A LITTLE HOPE. I THINK THERE'S HOPE THAT WE SEE OUR ETHANOL DEMAND STAY  STRONG IF NOT GO A LITTLE HIGHER SOON. I THINK THE FIRST OR SECOND WEEK OF DECEMBER WE'RE GOING  TO FINALLY GET SOME ADDITIONAL EPA NUMBERS AND THINGS LIKE THAT. SO THAT WILL BE ON THERE AND  PRESIDENT TRUMP HAS ALWAYS SAID I'M NOT GOING TO TAKE AWAY YOUR ETHANOL AND YOU LOOK AT  EVERY SINGLE USDA REPORT AND YOU LOOK AT EVERYTHING AND THE DEMAND FOR ETHANOL IS THERE  AND IT'S GROWING. ALL RIGHT. THANK YOU SO MUCH NAOMI WE APPRECIATE IT. LET'S TAKE A QUICK  BREAK AND THEN WE'LL BE BACK WITH MORE AGDAY.  SHOP MACHINERY PETE'S CYBER SALE FROM NOV. 27 TO DEC. 4.  FIND SPECIAL REDUCED PRICE  DEALS ON ALL TYPES OF EQUIPMENT FROM DEALERSHIPS ACROSS THE COUNTRY.  MAKE A PURCHASE AND  RECEIVE $200 EXTRA HOLIDAY CASH – VISIT WWW.MACHINERYPETE.COM/SALE 

WEATHER
WELCOME BACK TO AGDAY METEOROLOGIST MIKE HOFFMAN HERE WAITING ON WINTER TO SHOW SOUNDS  LIKE IT'S GOING TO GET COLD. YEAH EVERYBODY EAST OF THE ROCKIES THIS IS GOING TO BE A COLD WEEK  LATER THIS WEEK AND INTO THE WEEKEND. AND I'M PROBABLY SURE YOU'VE ALREADY HEARD THAT FROM  MULTIPLE SOURCES OVER MULTIPLE DAYS. I KNOW I'VE BEEN TALKING ABOUT IT ALL WEEK LONG ALL THIS  PAST WEEK AND THROUGH THIS WEEKEND AND HERE IT COMES. JUST GIVE ME A DIRECT SHOT OF ARCTIC  AIR RIGHT INTO THE NORTHERN PLAINS INITIALLY AS WE HEAD THROUGH THE MIDDLE OF THE WEEK. THAT  MEANS MUCH COLDER AIR ALL THE WAY DOWN TO THE OHIO RIVER VALLEY TURNING COLDER ALL THE WAY  TO THE GULF COAST. AND AS WE HEAD THROUGH THIS COMING WEEKEND I MEAN LOOK AT THAT THE JET  STREAM GOES ALL THE WAY SOUTH BRINGING THE REALLY COLD AIR WELL INTO THE SOUTHEASTERN PARTS OF  THE COUNTRY IN THE SOUTHERN PLAINS AS WELL BY FRIDAY. AND THIS IS A FAIRLY STABLE SITUATION. THIS  IS SOMETHING THAT COULD ONCE IT PUTS DOWN SNOW COVER OVER A LARGE AREA HOLD ITSELF TOGETHER  AND THAT HAPPENS MANY TIMES IN THE ATMOSPHERE. AND WE MAY SEE THIS PATTERN JUST KIND OF  HOLD ON NOT ONLY FOR A GOOD CHUNK OF DECEMBER BUT MAYBE RIGHT THROUGH DECEMBER. I'M NOT FORECASTING THAT YET BUT I AM SAYING THAT THAT IS A POSSIBILITY THAT WOULD KEEP YOU FOLKS OUT  WEST WARM THOUGH YOU'D BE ON THE OTHER PART OF THAT LITTLE EQUATION. TAKE A LOOK AT  TEMPERATURES THIS WEEK THEN I WILL GO BELOW NORMAL FOR THE SOUTHEAST SOUTHERN PLAINS GREAT  LAKES NORTHERN MISSISSIPPI VALLEY. NOW YOU'RE GOING TO START OFF ABOVE NORMAL DOWN HERE BUT  YOU WILL GO WELL BELOW NORMAL BY THE END OF THE WEEK SO I THINK IT'LL AVERAGE OUT BELOW NORMAL  ABOVE NORMAL. NORTHEAST OF MAINE AND ALSO PARTS OF THE NORTHERN PORTIONS OF THE ROCKIES INTO  THE SOUTHWESTERN SECTIONS OF THE COUNTRY. PRECIPITATION FOR THIS COMING WEEK THERE IS GOING  TO BE ONE SYSTEM KIND OF COME EAST WITH THAT COLD FRONT. AND SO IT LOOKS LIKE IT'LL BE ABOVE  NORMAL. MOST OF THIS WILL BE RAIN AT LEAST INITIALLY FOR SOUTHERN AND SOUTHERN PORTIONS OF  CANADA ALL THE WAY DOWN THROUGH THE EAST COAST AND INTO THE GULF COAST REGION. BUT THEN  THAT MOVES EAST AND THERE'S NOT A LOT OF MOISTURE BEHIND IT THERE'LL BE LITTLE SYSTEMS KIND OF  DIVING THROUGH THE JET STREAM PUTTING DOWN A LITTLE AMOUNTS OF SNOW AND THERE'LL BE LAKE  EFFECT. DON'T GET ME WRONG THERE. CENTRAL PLAINS THROUGH THE WEST BELOW NORMAL AS FAR AS  PRECIPITATION GOES. 30 DAY OUTLOOK FOR TEMPERATURES WE'RE GOING TO KEEP IT BELOW NORMAL FOR  THE EASTERN HALF OF THE COUNTRY. BASICALLY WESTERN SECTIONS FROM THE CONTINENTAL DIVIDE  WESTWARD ARE GO ABOVE NORMAL AND PRECIPITATION OVER THE NEXT 30 DAYS. I REALLY DON'T SEE AN  ABOVE NORMAL AREA NECESSARILY MEAN GREAT LAKES YOU MIGHT GET A DECENT AMOUNT OF SNOW  BUT IT COULD BE FLUFFY SNOW WHICH WOULDN'T AMOUNT TO MUCH BELOW NORMAL THOUGH I AM  EXPECTING THROUGH THE SOUTHERN TIER OF STATES. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S  TAKE A LOOK AT SOME LOCAL FORECASTS. WELL GO TO TOOK THEM CARRY NEW MEXICO. FIRST OF ALL A  MIXTURE OF CLOUDS AND SUNSHINE TODAY HIGH OF 63 DEGREES INTERNATIONAL FALLS MINNESOTA AND  YOU'RE JUST SEEING THE START OF THE COLD AIR. CLOUDY WITH A BIT OF SNOW HIGH OF 28 LOW OF SEVEN  OCALA FLORIDA. A GOOD DEAL OF SUNSHINE HIGH OF 78. 

TEASE
UP NEXT MACHINERY PETE HAS SOME CONVINCING EVIDENCE WHY YOU SHOULD  USE A SHOP VAC ON YOUR MACHINERY ONCE IN A WHILE. PLUS FOR THIS GROUP OF NUNS, IT'S ALL ABOUT TEAMWORK - ON THE FIELD....IN  THE CONVENT....AND IN THE CHOIR! AGDAY - BROUGHT TO YOU BY THE ENLIST WEED CONTROL SYSTEM.  MORE WEED CONTROL.  LESS  DRIFT AND VOLATILITY.  MAXIMUM YIELD POTENTIAL.

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!"  NOBODY EXPECTS YOU TO SWEEP OUT YOUR TRACTOR AFTER YOU USE IT EACH  TIME. BUT AS MACHINERY PETE TELLS US THIS MORNING, IT IS WORTH KEEPING IT  CLEAN - ESPECIALLY AT AUCTION TIME. LAST THURSDAY I COVERED A FARM RETIREMENT AUCTION IN SOUTHWEST MINNESOTA. SALE BY MY  GOOD FRIENDS AT HENSLOW AUCTIONS INC. REALLY CLEAN LINE OF KAISEI EQUIPMENT ON THE SALE. AND HERE SEE INTO THE TRACTORS. THIS WAS A 2013 CASE. FIVE HUNDRED HD FOUR WHEEL DRIVE. AND  ALSO A 2008 215 MAGNUM. BOTH LOW HOURS AND THE 500 HD SOLD FOR 190000 THOUSAND DOLLARS  AND THE 215 MAGNUM WENT FOR 79 5. NOW BOTH OF THOSE AUCTION PRICES ARE THE HIGHEST I'VE  SEEN THIS YEAR. ON THAT PARTICULAR MODEL WHAT WAS INTERESTING WAS I TALKED TO THE OWNER TIM  MILBANKE AND TIM SAID THE TRACTOR THEY GET THE MOST CALLS ON LEADING UP TO THE SALE WEREN'T  THOSE TWO WAS ACTUALLY THIS ONE 1993 CASE IH 7120 30 713 OUR SECOND OWNER. NOW THIS  TRACTOR WENT FOR FORTY EIGHT THOUSAND FIVE HUNDRED DOLLARS AND THAT'S TIED FOR THE HIGHEST  AUCTION PRICE I'VE SEEN THIS YEAR ON A 7120. SO OF COURSE THE UNDERLYING TRUTH HERE AS YOU  GUYS KNOW IS THAT TRACTORS 20 TO 25 YEARS OLD LOW HOURS ARE RED HOT. YOU KNOW TWO WEEKS  AGO WE SAW THIS 1992 JOHN DEERE 4760 WITH ONLY FOUR HUNDRED EIGHTY FOUR HOURS ON IT BRING  85 FIVE ON AN AUCTION IN CENTRAL INDIANA. RECORD HIGH AUCTION PRICE BY ALMOST 10000 DOLLARS. 

TEASE
NEXT WE VISIT A CONVENT IN MICHIGAN WHERE THE NUNS HAVE AN  EXTRAORDINARY GIFT TO SHARE - THEIR COMBINED VOICES AND THEIR CHART- TOPPING MUSIC.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA.  SEE THE ALL-NEW KOMMANDER-PRO ZERO-TURN  MOWER AT KUBOTA.COM.NOTHING LIKE A LITTLE CHRISTMAS MUSIC TO FILL OUT THE HOLIDAY HALLS. IN MICHIGAN, THE DOMINICAN SISTERS OF MARY, MOTHER OF THE EUCHARIST,  ARE GETTING ATTENTION FOR THEIR SINGING. THEY SAY THE SONGS-- NOW TOPPING CHARTS-- ARE "JUST PRAYING."  MIKE HOUSEHOLDER REPORTS. FOR THE DOMINICAN SISTERS OF MARY, MOTHER OF THE EUCHARIST … IT'S ALL ABOUT TEAMWORK. WHETHER IT'S ON THE SOCCER FIELD … OR INSIDE THEIR MICHIGAN CONVENT. SISTER MARY SAMUEL HANDWERKER, DOMINICAN SISTERS OF MARY: "IT'S A SIMPLE LIFE. WE ARE AWAY FROM ALL THE PRESSURES OF THE WORLD. SO, IT'S VERY UNIQUE THAT  WE HAVE THIS BEAUTIFUL PLACE TO COME AND PRAY AND TO LIVE AND TO ENJOY EACH OTHER." THAT PERFECT HARMONY ALSO COMES THROUGH IN THEIR MUSIC. THE NUNS' NEW CHRISTMAS CD HIT NUMBER ONE ON BILLBOARD'S CLASSICAL  CHART. THEY MAY BE SISTERS, BUT THIS IS NO ACT. MOTHER MARY ASSUMPTA LONG, MOTHER SUPERIOR: "WE'RE NOT DOING IT FOR PERSONAL GLORY OR FOR THE GLORY OF THE COMMUNITY. IT'S NOT ABOUT US. IT'S  ABOUT HIM." FOR THEM, THE MUSIC IS A GIFT TO GOD … BUT ALSO TO PEOPLE WHO CAN'T SEE THE SISTERS PERFORM LIVE. THEY DON'T  TOUR AND ONLY ON RARE OCCASIONS DO THEY SING IN PUBLIC. SISTER JOSEPH ANDREW BOGDANOWICZ, DOMINICAN SISTERS OF MARY: "THAT'S HOW WE GET TO PEOPLE'S HOMES AND ARE ABLE TO HELP THEM, TOO, BECAUSE THEY COME  INTO OUR OWN HOME, OUR CHAPEL, OUR MOTHERHOUSE HERE, THROUGH OUR MUSIC." THE CHRISTMAS ALBUM IS THEIR THIRD _ ALL RECORDED IN THE CHAPEL. "YOU CAN LISTEN TO ALL THE LAYERS OF THE SISTERS SINGING. AND THAT'S WHAT MAKES THE CD SO  BEAUTIFUL, TOO, WAS BEING ABLE TO BE TAPED THERE IN THE ROOM." TWO OF THOSE ALBUMS TOPPED THE CLASSICAL CHART, SUCCESS THAT THE  GROUP'S MUSIC DIRECTOR, SISTER JOSEPH ANDREW BOGDANOWICZ (BOG-DAN'-A- WITS), SAYS COMES FROM A HIGHER POWER. "WE TRUST THAT GOD'S GOING TO USE IT THE WAY HE WANTS TO. SO, WHEN IT DOES HAVE SUCCESS,  WE'RE LIKE, 'YAY, GO GOD,' YOU KNOW?" AND SUCCESS SEEMS TO FOLLOW THE SISTERS … WHEREVER THEY GO. MIKE HOUSEHOLDER, ASSOCIATED PRESS, ANN ARBOR, MICHIGAN.>

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR ALL OF US AT AGDAY. I'M CLINTON GRIFFITHS. HAVE A GREAT DAY. AGDAY - BROUGHT TO YOU BY RAM COMMERCIAL - AMERICA'S LONGEST-LASTING HEAVY DUTY  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