AgDay Daily Recap -February 9, 2018

February 9, 2018 12:57 AM
 
AgDay

TODAY ON AGDAY
FEBRUARY 9, 2018

HEADLINES

USDA ROLLS OUT A NEW REPORT--WE HAVE REACTION AND ANAYSIS. PLUS, HOW TO MAKE MONEY IN 2018 IN AGRIBUSINESS...MANAGING SOYBEAN MARKETS. KEN FERRIE DISCUSSES FIELD FERTILITY ON FARM JOURNAL COLLEGE TV. AND THE BENEFITS OF BRINGING THE OUTDOORS IN AGDAY - BROUGHT TO YOU BY THE CHEVY SILVERADO, THE MOST DEPENDABLE, LONGEST-LASTING FULL  SIZE PICKUPS ON THE ROAD..

FEBRUARY WASDE
GOOD MORNING I'M CLINTON GRIFFITHS. WITH MIDWEST FIELDS UNDER A  BLANKET OF SNOW AND COLD, GRAIN TRADERS TURN THEIR ATTENTION TO  SOUTH AMERICA AS USDA BOOSTS ITS FORECAST FOR THE BRAZILIAN SOYBEAN  CROP. THE AG DEPARTMENT INCREASED THE PRODUCTION ESTIMATE BY TWO MILLION  METRIC TONS, SETTLING AT 112 MILLION METRIC TONS. "BRAZILIAN CROPS ACTUALLY LOOK TO BE DOING QUITE WELL. THEY'VE HAD FAIR TEMPERATURES GOOD  ADEQUATE WEATHER DOWN THERE IN BRAZIL. ON THE OTHER SIDE OF THE CONTINENT ARGENTINA WE'RE  SEEING A LITTLE BIT OF A DRIER WARMER SPELL AND PUTTING SOME STRESS ON THOSE CROPS."THAT BIGGER BEAN CROP IN BRAZIL MAY BE ONE REASON USDA LOWERED ITS  DEMAND ESTIMATE FOR U-S SOYBEAN EXPORTS. FEWER SHIPMENTS OF BEANS PUSHED THE SOYBEAN ENDING STOCKS HIGHER  TO 530 MILLION BUSHELS IN THE U-S. MEANWHILE THE AG DEPARTMENT BOOSTED DOMESTIC CORN EXPORTS,  LOWERING U-S CORN ENDING STOCKS TO TWO-POINT-THREE BILLION BUSHELS. AND U-S WHEAT STOCKS COME IN JUST OVER A BILLION BUSHELS WITH USDA  BOOSTING THE SUPPLY BY 20 MILLION BUSHELS. THE AG DEPARTMENT ALSO SAYS ARGENTINA'S CORN CROP IS SMALLER THAN  EXPECTED DUE TO DRY WEATHER LAST MONTH. OUR REPORTING PARTNERS AT PRO FARMER HAVE SIFTED THROUGH THE  REPORTS. EDITOR BRIAN GRETE SHARES HIS PERSPECTIVE. "IT WAS AN EXPORT SHOW. USDA INCREASED ITS CORN EXPORTS BUT IT LOWERED EXPORT PROJECTIONS FOR  BOTH SOYBEANS AND WEEDS. AND YOU KNOW THAT REALLY KIND OF GAVE THE TONE OF THE REPORT'S  NEGATIVE IN A SENSE UP FRONT IN THAT CORN CARRY OVER WAS LOWERED BECAUSE OF THE INCREASED  EXPORT NUMBER. WHILE WHEAT AND SOYBEAN CARRYOVERS WERE INCREASED BECAUSE OF LOWER  EXPORT NUMBERS THERE. BUT WHEN WE LOOK AT THE PRICE ACTION THE SOYBEAN MARKET ABSORBED  THIS REALLY REALLY WELL."

CHINA NEEDS CORN
AFTER THREATENING TO LAUNCH A PROBE INTO U-S SORHGUM SHIPMENTS,  CHINA NOW SAYS IT MAY NEED MORE U-S CORN. SORGHUM IS OFTEN USED AS A SUBSTITUTE FOR CORN IN ANIMAL FEED IN CHINA. CHINA'S AGRICULTURE MINISTRY RAISEING ITS FORECAST FOR CORN IMPORTS  TO ONE-AND-A-HALF MILLION TONS, UP BY 300-THOUSAND TONS FROM THE  PREVIOUS MONTH'S FORECAST. CHINA SAYS THE U-S IS DUMPING SORGHUM IN ITS COUNTRY AT UNFAIRLY LOW PRICES...SOMETHING U-S SORGHUM FLATLY DENIES.

MAKING MONEY IN 2018
USDA SAYING THIS WEEK ITS NET FARM INCOME FORECAST FOR 2018 COULD BE  THE INDUSTRY'S WORST IN MORE THAN A DECADE.  WHICH LEAVES MANY WONDERING HOW TO MAKE MONEY IN 2018.  BETSY JIBBEN JOINS US NOW WITH MORE.  ROW CROP FARMERS RECEIVING THE CONFIRMATION THEY DIDN'T WANT IN  USDA'S LATEST CROP PRODUCTION REPORT.  WILD WEATHER IN THE CORN BELT IS STILL CREATING A VERY LARGE CROP - NOW  WITH BUSHELS LEFT  IN THE BIN.  " I SHOULD HAVE DONE THIS LAST SUMMER, I SHOULD HAVE DONE THIS LAST FALL,"THAT PHRASE  MAY SUM UP 2017 FOR ROW CROP FARMERS IS WHY BASTING  SUGGESTS THE BEST WAY TO PROTECT YOURSELF IS TO LOOK AT COSTS AND  PUT A FLOOR UNDERATH BUSHELS IN THE BIN.  "A PUT OPTION BUT I DON'T WANT TO SEE THIS MARKET GET AWAY FROM PEOPLE LIKE IT HAS THE LAST 3  MONTHS ON THE DOWNSIDE FURTHER WITHOUT ANY PROTECTION." U.S. FARMERS PRODUCING A RECORD AVERAGE C ORN YIELD IN 2017 AND  RECORD AMOUNT OF PRODUCTION FOR SOYBEANS.  SOME ANALYSTS SAYING IT MAY TAKE A WHILE TO GET BACK TO A PROFIT.  "I THINK IT GETS BETTER FOR US IN 2019 AND I THINK IT REALLY GETS BETTER FOR US IN 2020."  FLORY SAYS IT STARTS WITH KNOWING YOUR COSTS.  "WHEN YOU HAVE AN OPPORTUNITY TO LOCK IN A POSITIVE RETURN, YOU NEED TO LOCK IN A POSITIVE  RETURN ON AT LEAST SOME OF THOSE CORN AND SOYBEANS." SOME ANALYSTS SAY TAKE ADVANTAGE OF WEATHER OPPORTUNITES - SINCE  THEY MAY BE LIMITED. "WORLD WIDE PRODUCTION NUMBERS ARE NO WHERE NEAR SLOWLY DOWN. AND EVERYTIME YOU FIND A  WEATHER MARKET SOMEWHERE SUCH AS WHAT WE HAVE IN ARGENTINA RIGHT NOW, IT'S JUST PRESENTING  AN OPPORTUNITY.' THE SITUATION IS DIFFERENT FOR THE LIVESTOCK INDUSTRY - ESPECIALLY WHEN  IT COMES TO BEEF.  "WE'RE SEEING NICE MARGINS IN THE FEEDER MARKET RIGHT NOW. THAT'S WHERE YOU'RE SEEING THE  MOST PROFITABILITY AT THE MOMENT. 20 COW-CALF GUYS HAD A GOOD RUN HERE COMING INTO THE END  OF THE YEAR AND DECENT PROFITABILITY THERE AS WELL. "IN SOME CASES, PROFITS CLOSE TO THE HIGHS IN LATE 2014 TO EARLY 2015 FOR  THE INDUSTRY. "I THINK IT'S COMPARABLE. I THINK EVERY OPERATION IS DIFFERENT BUT IN SOME INSTANCES, IT'S THE  SAME OR EVEN A LITTLE BIT BETTER."CATTLEFAX SAYING IN ITS ANNUAL OUTLOOK - 2017 WAS THE SECOND MOST  PROFITABLE YEAR ACROSS THE BEEF INDUSTRY. HOWEVER, USDA'S CATTLE INVENTORY REPORT SHOWS A GROWING CATTLE  HERD - EVEN IF IT'S AT A SLOWER RATE.  "IF WE ARE GOING TO TALK PRICES GO DOWN A LITTLE BIT, WHICH WE ARE DUE TO THE BIG SUPPLIES,IT  DOES LOOK LIKE THE FEEDLOT OPERATORS OR THE STOCK OPERATORS INITALLY IS WHERE WE COULD SEE A  MARGIN SQUEEZE."REPORTING FOR AGDAY, I'M BETSY JIBBEN. 

CROP COMMENTS
DROUGHT EXPANDS AND SNOW CONTINUES TO FALL IN THE MIDWEST. MIKE  HOFFMAN JOINS US WITH AN UPDATE.  GOOD MORNING, CLINTON.  THE LATEST DROUGHT MONITOR SHOWS NEARLY 40 (38) PERCENT ON THE  CONTINENTAL U.S. IS NOW CLASSIFIED AS BEING IN DROUGHT. THAT'S UP ALMOST 10 POINTS IN JUST A WEEK'S TIME. IT IS NOW THE LARGEST DROUGHT FOOT PRINT IN NEARLY FOUR YEARS. NEARLY A THIRD OF THE MISSOURI RIVER BASIN IS NOW IN SOME LEVEL OF  DROUGHT. " IT'LL BE A CONCERN HERE PRETTY FAST IN THE NEXT 3,4,5 MONTHS IF WE DON'T GET SOMETHING  MOVING BECAUSE GUYS WILL BE FORCED TO MAKE A MOVE IF WE DON'T GET ANY MOISTURE DOWN  THERE,"MEANWHILE IT'S SNOW ACROSS THE NORTHERN PARTS OF THE COUNTRY. CASEY SCHUHMACHER SAYS THE SNOW IN NORTHWEST NEBRASKA SURE MAKES  FOR A PRETTY PICTURE. HE SAYS FIRST TIME HEIFERS ARE 30 DYAS AWAY FROM  CALVING. THE HERD IS DOING WELL IN THE COLD.  AND NOW HERE ARE SOME HOMETOWN TEMPS.  

TEASE
WE'LL TALK ABOUT SOYBEANS AND THE ISSUES HELPING TO MOVE  MARKETS...NEXT AT THE AGRIBUSINESS DESK. AND LATER, GETTING OUTSIDE IN NATURE CAN BENEFIT YOUR HEALTH. WHICH IS  WHY ONE COMPANY IS TRYING TO BRING THE OUTDOORS IN. AGDAY - BROUGHT TO YOU BY THE ENLIST WEED CONTROL SYSTEM.  MORE WEED CONTROL.  LESS  DRIFT AND VOLATILITY.  MAXIMUM YIELD POTENTIAL.

FLOOR OF THE CME
IN AGRIBUSINESS IT WAS MIXED DAY IN MARKETS LETS GET DETAILS FROM THE  FLOOR OF THE CME. I WANT TO SPECIFICALLY START WITH THAT MARCH FOREIGN CONTRACT BUMPING RIGHT UP AGAINST  TECHNICAL RESISTANCE WHICH WE HAVE OUTLINED IN OUR GRAIN EXPRESS THAT WE SENT OUT IN THE  MORNINGS 366 AND A HALF TO 369. THIS IS SOME KEY FIBONACCI RETRACEMENT LEVELS AS WELL AS  SOME MOVING AVERAGES. NOW ON THE BOTTOM SIDE 357 358 AND A HALF NEEDS TO HOLD THE BULLS  ARE IN CONTROL SO LONG AS THEY CAN MAINTAIN THAT ON A CLOSING BASIS. NOW AS FAR AS THE  SOYBEANS ARE CONCERNED I THINK IT'S VERY DIFFICULT TO SAY WHO'S IN CONTROL IS PROBABLY MORE  NEUTRAL THAN ANYTHING WAITING FOR NEW NEWS LARGELY PROBABLY FROM SOUTH AMERICA WHETHER  YOU GIVE US EITHER A BREAKOUT OR BREAK DOWN LIVE CATTLE TRADING IN A NICE LITTLE RANGE HERE  GIVING THE BULLS AND THE BEARS BOTH THE OPPORTUNITY TO TRADE AS FAR AS FEEDER CATTLE ARE  CONCERNED SAME TYPE OF DEAL HIGHER HIGHS AND HIGHER LOWS ARE CONSTRUCTIVE. SO LOOKING FOR A  PULLBACK TO 146 AND A HALF IS A BUYING OPPORTUNITY. BUT THAT'S A WE'RE LOOKING AT THE ROUND UP  THE WAY THAT'S WHAT YOU SHOULD BE LOOKING AT TOO. THIS HAS BEEN OLIVER SLOUP WITH BLUE LINE  FUTURES FROM THE FLOOR OF THE CME. 

AGRIBUSINESS
JIM MCCORMICK WITH ALLENDALE OUR GUEST HERE AT AGRIBUSINESS YESTERDAY. JIM YOU KNOW LAST  YEAR 2017 SOYBEANS WERE KIND OF THE DARLING OF THE MARKET I FELT LIKE THE PRICES WERE PRETTY  DECENT. WE ACREAGE NUMBER WAS UP. YIELDS WERE GOOD. IS THAT GOING TO BE THE SAME STORY  FOR 2018. RIGHT NOW WE'RE A LITTLE BIT PESSIMISTIC BECAUSE IN 2018. RIGHT NOW DEMAND IS  REALLY YOU KNOW BECAUSE THE DEMANDS A LITTLE BIT LAGGING FOR BEANS UNFORTUNATELY. EXPORT  SALES ARE RUNNING ABOUT 13 PERCENT BEHIND LAST YEAR'S PACE. IF WE KEEP THIS PACE UP WE'RE  GOING TO SEE EXPORT TARGET BY ABOUT 300 MILLION BUSHELS WHICH IS JUST WAY TOO MANY. SO THAT'S  A PROBLEM ON TOP OF IT. THE BALANCE SHEET SITUATION THE FARMER FINDS THEM IN AND MIDWEST  TALKING TO A LOT OF BANKS AND LENDERS THE BALANCE SHEETS ARE TIGHT. IT'S PUSHING GUYS BEANS.  WE'RE HEARING MORE AND MORE GUYS BEING SO WE'RE PROBABLY GOING TO SEE AN INCREASE OF  BEANY ACRES WHEN WE REALLY DON'T NEED IT DUE TO THE WEAK DEMAND. AND THEN ON TOP OF IT JUST  OVERALL WHAT'S GOING ON IN SOUTH AMERICA. THERE'S A LOT OF STORY RIGHT NOW ABOUT ARGENTINA  AND THAT'S A TRUE PROBLEM. THEY'RE PROBABLY GOING TO LOSE 5 6 MILLION METRIC TONS OF THE CROP. UNFORTUNATELY BRAZIL'S CROP. THEY'RE TALKING INCREASING FOUR TO FIVE MILLION METRIC TONS  POTENTIALLY. SO. SO IT'S A WASH AND WHEN YOU'VE GOT A WORLD BALANCE SHEET AT 90 MILLION  METRIC TONS. THE FACT OF THE MATTER IS IF WE LOSE TWO OR THREE MILLION METRIC TONS CONSIDER  WE'RE AT 75 JUST TWO YEARS AGO IT SHOWS THAT WE'VE JUST WE'VE GOT AN OVER ABUNDANCE SUPPLY  UNLESS SOMEBODY HAS A MAJOR HICCUP. SO DO YOU. ARE YOU BUYING INTO THAT. NINETY ONE AND A  HALF MILLION ACRES OF SOYBEANS HERE IN THE U.S.. DO YOU THINK THAT'S ON TARGET TOO LOW TOO  HIGH. WHAT DO YOU THINK. RIGHT NOW I'M BUYING INTO THAT 91. I THINK IT COULD BLOW A LITTLE BIT  HIGHER DEPENDING ON WHAT HAPPENS IF THE MARKET. THAT'S THE WORRY ABOUT OUR NEW CROP BEING  SO WE GET TO THE 10 2010 30 FOR SOME REASON I THINK YOU JUST BUY MORE BEAN ACRES OF CORN  CAN CATCH A BID TO CORN EXPORT SALES WERE PICKED UP RECENTLY. AND CORN IS CORN CAN CATCH A  BIT YOU KNOW IT'S AT 390 I THINK IT'S UP TO 425 IN THE MIDWEST ILLINOIS AND INDIANA. I THINK YOU  GET SOME GUYS WHO MIGHT BE FORCED TO GO TO BEANS THEY'LL MAKE A RUN TO CORN BECAUSE SURE  THE AMERICAN FARMER LIKES TO PLANT CORN YEAH WE'RE GOOD AT IT. WE LIKE IT WE LIKE IT WE LIKE TO  PLANT THE CORN. THE FACT IS WE CAN'T ECONOMICALLY JUSTIFY IT RIGHT NOW. SO WITHOUT THAT BIG PUSH  UP IN CORN I DO THINK THE BEAN ACRES ARE GOING TO INCREASE UNFORTUNATELY SO THAT'S PRODUCERS  NEED TO TAKE A BEARISH MENTALITY. WE'RE RECOMMENDING GET IT HEDGED BUT MAYBE THEY USE AN  OPTION TO TO MAINTAIN SOME OWNERSHIP BECAUSE THE WEATHER WILL BE THE WILDCARD IT ALWAYS IS.  BUT WITHOUT A MAJOR WEATHER PROBLEM FUNDAMENTALLY WE ARE JUST TOO MANY BEANS IT LOOKS LIKE.  ALL RIGHT JIM APPRECIATE IT. THANK YOU SO MUCH WE'LL BE BACK WITH MORE IN JUST A COUPLE  MINUTES.  ONE DREAM. TWO PRIZES. THREE FIELDS.  SHOW US YOUR FARM AND YOU COULD WIN A $10,000  DONATION FOR YOUR COMMUNITY, PLUS A DREAM SPORTS TRIP FOR YOU.  TO ENTER, VISIT  POWERTODOMORE-DOT-COM.  SPONSORED BY RESICORE HERBICIDE. 

WEATHER
WELCOME BACK TO AGDAY. METEOROLOGIST MIKE HOFFMAN HERE MIKE WE TALKED ABOUT THE DROUGHT AND DRYNESS IN THE MIDDLE OF THE COUNTRY AND NORTHERN PLAINS. BUT ONE OF THE BIGGEST STORMS OF THE YEAR AS FAR AS WINTER STORMS COMING THROUGH THE GREAT LAKES REGION RIGHT. AND IT'S NOT A POWERFUL AREA OF LOW PRESSURE IS JUST GOING TO SNOW FOR A LONG PERIOD OF TIME IN KENNEDY 80 STRIP ACROSS THE COUNTRY FROM THE PLAINS INTO THE NORTHEAST AND THAT'S BECAUSE OF MULTIPLE AREAS OF LOW PRESSURE AND PIECES OF ENERGY JUST KIND OF RIDING ALONG THIS FRONTAL SYSTEM AS IT MOVES OFF TO THE EAST AND SLOWLY SOUTHWARD IN THE PLAIN STATES AND BEHIND IT ON THE NORTH SIDE OF IT IS WHERE ALL THE SNOW'S GOING TO BE. WE ALSO HAVE AN AREA OF LOW PRESSURE THAT'S GOING TO BE DEVELOPING ACROSS TEXAS AND THAT WILL BE KIND OF INTERACTING WITH THIS WHOLE SYSTEM AS WE HEAD INTO THE WEEKEND. THERE'S LATE IN THE DAY TOMORROW AS WE START THE WEEKEND SNOW ACROSS THE SOUTHERN AND EASTERN PORTIONS OF THE GREAT LAKES BACK INTO NEBRASKA UPSLOPE SNOW BY THE TIME YOU GET INTO THE WESTERN PLAINS INTO THE EASTERN PORTIONS OF THE ROCKIES. WITH THAT EASTERLY WINDS COMING IN YOU CAN SEE THAT AREA OF LOW PRESSURE DEVELOPING OVER NORTHEAST TEXAS AS WE HEAD INTO THE DAY TOMORROW WITH RAIN BREAKING OUT ACROSS THE TENNESSEE VALLEY OVER INTO THE CAROLINAS AND THEN WE HEAD THROUGH THE DAY SATURDAY YOU'RE STILL GOING TO TALK SOME MORE SNOW DEVELOPING ON THE NORTH SIDE OF THIS THING FROM NORTHERN KANSAS NORTHERN MISSOURI ALL THE WAY INTO NORTH CENTRAL INDIANA AS THIS SYSTEM DEVELOPS AND THAT WILL START TO MOVE ALONG THE FRONT AS WELL SOME KIND OF AN INTERESTING COMPLICATED STORM SYSTEM. CHECK OUT YOUR LOCAL FORECAST FOR SOME OF THOSE SNOW AMOUNTS. BUT HERE'S WHAT OUR COMPUTER MODEL IS SHOWING AS FAR AS MOISTURE IS CONCERNED PAST 36 HOURS MOSTLY IN THAT STRIP FROM SOUTH DAKOTA INTO THE SOUTHERN GREAT LAKES AND THAT'S REALLY WHERE WE ADD A LOT MORE OF IT OVER THE NEXT 36 HOURS. BUT THEN WE ALSO ADD A FAIR AMOUNT OF MOISTURE INTO THE TENNESSEE VALLEY NORTHERN PORTIONS OF MISSISSIPPI ALABAMA GEORGIA IN THE FORM OF RAIN. IT'S ALL IN THE FORM OF SNOW NORTH OF THE FRONT AND YOU CAN SEE WE WILL JUST CONTINUE TO ADD A LITTLE BIT MORE AND KIND OF A LITTLE BIT FARTHER SOUTH AS TIME GOES ON INTO THE PLAIN STATES OVER THE NEXT 36 HOURS ALSO A FAIR AMOUNT OF SNOW FALLING IN THE EASTERN AND NORTHERN PORTIONS OF THE ROCKIES. TEMPERATURES THIS AFTERNOON VERY COLD NORTH OF THE FRONT. PRETTY MILD SOUTH OF THE FRONT SOME 70S SHOWING UP IN PARTS OF TEXAS. MUCH OF FLORIDA. AND YOU CAN SEE LOW TEMPERATURES TONIGHT WAY BELOW ZERO IN THE FAR NORTHERN PLAINS STILL 50S AND 60S IN THE SOUTHEAST. HIGHS TOMORROW AFTERNOON THEN YOU'RE TALKING SINGLE DIGITS FROM OMAHA NORTHWARD. BUT YOU GET SOUTH OF THAT FRONT AND YOU'RE LOOKING AT 50S 60S AND EVEN 70S BY THE TIME YOU GET TO THE GULF COAST. HERE'S THE JET STREAM AND LIKE IT'S BEEN SHOWING THE PAST FEW DAYS. IT IS EXPECTED TO GET A CUTOFF LOW INTO THE SOUTHWEST. THAT KIND OF SPLITS EVERYTHING FOR A WHILE. AND WHAT THIS DOES IS WHEN YOU HAVE A SPLIT FLOW IT STAYS COLD IN THIS NORTHERN TIER AREA. BUT IT CAN GET PRETTY WARM. TENNESSEE VALLEY SOUTHWARD IN THAT TYPE OF SITUATION. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS. FIRST OF ALL TWIN FALLS IDAHO. BREEZY WITH A MIX OF SUN AND CLOUDS HIGH TEMPS AROUND 50. ROCKFORD ILLINOIS PERIODS OF SNOW ENDING LATE THIS AFTERNOON HIGH 24 IN SAVANNAH GEORGIA CLOUDY WITH SOME AFTERNOON RAIN SHOWERS HIGH AROUND 67. ​

TEASE
WE'LL TALK FIELD FERTILITY ON FARM JOURNAL COLLEGE TV...NEXT. AND LATER WE'RE OFF TO SEATTLE WHERE THIS MEGA-CORPORATION IS TRYING  CAPTURE THE BENEFITS OF NATURE FOR ITS OFFICE DWELLERS.  AGDAY - BROUGHT TO YOU BY ILEVO SEED TREATMENT FROM BAYER. PROTECT YOUR SOYBEANS FROM  SDS AND NEMATODES THIS SEASON.

FARM JOURNAL COLLEGE TV
THE FARM JOURNAL COLLEGE REPORT - BROUGHT TO YOU BY INSTINCT AND N-SERVE NITROGEN  STABILIZERS - THEY DON'T JUST STABILIZE NITROGEN, THEY MAXIMIZE IT - SO CROPS DELIVER THE MAX IN  RETURN.  LEARN MORE AT MAXINMAXOUT.COM. WE CONTINUE OUR CONVERSATION ON FERTILITY WITH KEN FERRY AND TODAY'S  FARM JOURNAL COLLEGE TV. KEN YOU GUYS HAVE BEEN WORKING ON TRYING TO FIGURE OUT THE MOST EFFICIENT WAY TO USE  NITROGEN AND NUTRIENTS AND THIS IS KIND OF A A STARTER PLOT THAT YOU HAVE TALKED ABOUT WHAT WE  SEE HERE. RIGHT WE'RE LOOKING AT IN THIS PARTICULAR PLOT WE'RE LOOKING AT DIFFERENT STARTERS  DIFFERENT ADDITIVES TO THE STARTER BUT WE'RE ALSO LOOKING AT PLACEMENT OF THE STARTER ITSELF AND  WHAT WE'RE TRYING TO LOOK FOR. IS. THE MOST EFFICIENT WAY TO APPLY A NUTRIENT TO GET THE BIGGEST  BANG FOR THE BUCK. YOU CAN GET AND WANT IT WHEN YOU TALK ABOUT FERTILIZER AND PLACEMENT AND  TIMING WHERE YOU PUT IT HAS TO BE IN TUNE WITH THE PLANT ITSELF AS FAR AS WILL IT BE THERE WHEN IT  NEEDS IT. RIGHT. AND SO THE SMALL AMOUNTS OF FERTILIZER THAT WE'RE APPLYING HERE ON THE LARGE  PICTURE WHEN WE TALK ABOUT PER ACRE DON'T AMOUNT TO MUCH BUT BECAUSE OF THE POSITIONING OF THEM THEY PLACE SOME SPECIFIC ROLES IN CERTAIN PARTS OF THE PLANTS LIKE A GOOD EXAMPLE HERE.  THIS THIS PLANT IS FROM THAT ROW AND THIS IS FROM THIS ROW AND THERE'S TWO DIFFERENT TREATMENTS  IN HERE IN THIS CASE WE HAVE A LOW RATE OF STARTER INFERNO ON ONE OF THEM AND NO STARTER AND  THE OTHER ONE ABOVE GROUND. IT'S YOU CAN TELL IT IN THE SUNLIGHT. EVERYTHING ELSE DOESN'T MAKE  THAT MUCH DIFFERENCE VISUALLY RIGHT NOW BUT WHEN WE DIG THESE PLANTS YOU CAN SEE I HAVE A  JUST BECAME A V1 PLANT. THE PLUME LEAF IS OUT AND GOT A COLOR ON IT. THIS IS ALSO THE ONE PLANT  BUT IT'S GOING TO BE A V2 PLANT TOMORROW SO THERE'S A BHATTA COLLAR DIFFERENCE BETWEEN THESE PLANTS IN THE GROWTH IN WE CAN SEE THE BIG DIFFERENCE IS IN THE IT'S SOUTH. SO IN THIS CASE  WHERE I PUT SOME FERTILIZER IN THE FURROW I HAVE A VERY AGGRESSIVE CÉDRIC COMING OFF OF THERE  COMPARED TO WHERE I DON'T HAVE IT. SO IT'S THIS STIMULATION THAT WE PICKED UP FROM THE FERTILIZER  BEING THERE RIGHT IN THE FURROW THAT'S CAUSING THIS PLANT TO BE BIGGER.  >

TEASE
WHEN WE  COME BACK, SEEING GREEN AT WORK...ISN'T JUST FOR FARMERS  ANYMORE. 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.  TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE.  VISIT KUBOTA.COM TODAY. YES IT'S STILL WINTER BUT IN SOUTH TEXAS PLANTING HAS ALREADY  STARTED...AND IT WON'T BE LONG BEFORE WE'RE ALL WALKING AND WORKING IN  FIELDS OF GREEN.  ITS THAT SAME ENVIRONMENT THE AMAZON COMPANY IS AIMING FOR AT IT'S  NEWEST OFFICE SPACE IN SEATTLE. THE SPHERES FEEL LIKE A RAINFOREST CONSERVATORY BUILT OF GLASS AND  WHITE STEEL.  LIGHTING MIMICS THE EQUATOR, THE INTERIOR IS MAINTAINED AT 72 DEGREES  WITH 60 PERCENT HUMIDITY. ITS HOME TO MORE THAN 40,000 PLANTS FROM 50 COUNTRIES ON FIVE  CONTINENTS.  RON GAGLIARDO, LEAD HORTICULTURIST, AMAZON: "IT'S COMFORTABLE FOR PEOPLE FIRST AND THEN WE HAVE THESE PLANTS. AND THE IDEA IS WE CONNECT  THEM WITH NATURE. WE GET THEM AWAY FROM THEIR NORMAL DESK ENVIRONMENT. SO YOU DON'T SEE  ANY DESKS OR CUBICLES AROUND AND YOU KIND OF CONVENE WITH NATURE."> AND STUDIES HAVE SHOWN THERE ARE GREAT MENTAL AND PHYSICAL BENEFITS TO  SPENDING TIME IN NATURE...WHICH FARMERS AND RANCHERS DO PLENTY OF. RESEARCH HAS SHOWN IMPROVED SHORT TERM MEMORY MORE MENTAL ENERGY... AND BETTER CONCENTRATION. SHARPER CREATIVE PROBLEM SOLVING--ONE STUDY SHOWED A 50 PERCENT  IMPROVEMENT. BETTER VISION LESS STRESS LOWER INFLAMMATION AND A STRONGER IMMUNE SYSTEM. AND A REDUCED RISK OF EARLY DEATH. OBVIOUSLY THESE STUDIES DON'T TAKE INTO ACCOUNT THE CURRENT STATE OF  THE AG ECONOMY-- OR THE CHALLENGES OF MANAGING AN ECOSYSTEM NOT  ENCASED IN GLASS--LIKE INSECTS, WIND OR FLOODING. SOME DAYS AREN'T EXACTLY MENTALLY FREEING!  BUT...SOME DAYS ARE. MY TIME ON A FARM OR WITH MY FOLKS ON THE RANCH  TYPICALLY FLOOD BACK AS POSITIVE MEMORIES. MOMENTS WORTH KEEPING.  EVEN ON THE HARD DAYS--I WOULDN'T TRADE FIELDS OF DREAMS FOR A  CONCRETE JUNGLE.

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. 

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