AgDay Daily Recap - June 1, 2018

June 1, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
JUNE 1, 2018

HEADLINES

U-S IMPOSES TARIFFS ON SOME OF ITS CLOSEST ALLIES. " THE TIME FOR TALK IS DONE. DONALD TRUMP IS A BULLY AND THE ONLY WAY TO DEAL WITH A BULLY IS TO  STAND UP AND PUSH BACK." IN AGRIBUSINESS...BUILDING A MARKETING PLAN. NO-TILL PLANTING INTO COVER CROPS TAKES A LITTLE POST PASS EVALUATION...WE'LL GET A LESSON ON FARM JOURNAL COLLEGE TV. AND JUNE IS NATIONAL DAIRY MONTH!.  AGDAY - BROUGHT TO YOU BY THE CHEVY SILVERADO, THE MOST DEPENDABLE, LONGEST-LASTING FULL  SIZE PICKUPS ON THE ROAD. 

U.S. TARIFFS ON ALLIES
IT'S TOTALLY UNACCEPTABLE THAT IT A COUNTRY CAN IMPOSE UNILATERAL MEASURES WHEN IT COMES  TOWARDS (TO) TRADE." [NOTES:STEEL MILL IMAGES (AP EUROPE STEEL)] AN ANGRY RESPONSE FROM EUROPEAN LEADERS AS THE U-S MOVES FORWARD  WITH PREVIOUSLY ANNOUNCED TARIFFS ON STEEL AND ALUMINUM AGAINST THE  E-U, CANADA AND MEXICO. MEANWHILE U-S COMMERCE SECRETARY WILBUR ROSS SAYS THE MOVE SHOULD  NOT SPARK WORRIES OF A TRADE WAR. GOOD MORNING I'M CLINTON GRIFFITHS. WALL STREET TREMBLED THURSDAY AFTER THE U-S ANNOUNCED IT WOULD HIT  NAFTA PARTNERS AND THE E-U WITH 25 PERCENT DUTIES ON IMPORTED STEEL  AND 10 PERCENT ON ALUMINUM. PRESIDENT TRUMP FIRST ANNOUNCED THE TARIFFS IN MARCH, BUT GRANTED  CANADA, MEXICO AND THE E-U LIMITED EXEMPTIONS. BUT NOW THOSE ARE IN FULL FORCE. THE PRESIDENT CALLED THE METAL  IMPORTS A NATIONAL SECURITY RISK. IN RESPONSE THE E-U SAYS IT WILL IMPOSE RETALIATORY TARIFFS ON THREE  BILLION DOLLARS OF AMERICAN IMPORTS AS SOON AS JUNE 20. EUROPEAN OFFICIALS - BRACING FOR THE TARIFFS - HAVE THREATENED TO  RETALIATE AGAINST U-S ORANGE JUICE, PEANUT BUTTER, BOURBON WHISKEY  AND HARLEY DAVIDSON MOTORCYCLES, AMONG OTHER ITEMS. THE E-U SAYS IT WILL RELEASE ITS EXACT 'COUNTER-MEASURES" IN THE COMING WEEKS.MEXICO SAID IT WOULD PENALIZE U-S IMPORTS INCLUDING PORK, APPLES,  GRAPES, CHEESES AND FLAT STEEL. CANADA HAS ALSO NAMED ITS PROPOSED TARGETS OF U-S GOODS, INCLUDING A  LONG LIST OF FOOD ITEMS. ONE THING IS CLEAR - THEY'RE NOT HAPPY WITH THE PRESIDENT. KATHLEEN WYNNE, PREMIER OF ONTARIO: "I THINK THAT WE'VE ALL HAD JUST ABOUT ENOUGH OF DONALD TRUMP. THIS IS A PRESIDENT WHO RULES  BY TWEET. HE'S A MAN, HE DOESN'T SEEM TO GET THAT HIS BLUSTER AND HE IS BULLYING ARE COSTING  PEOPLE REAL JOBS IN HIS OWN COUNTRY, IN CANADA AND IN ONTARIO." WYNNE SAYS SHE'S CALLING ON CANADA'S FEDERAL GOVERNMENT TO PREPARE THE TOUGHEST SET OF RETALIATORY MEASURES POSSIBLE.  CANADIAN FOREIGN MINISTER CHRYSTIA FREELAND SAYING CANADA WILL SLAP DOLLAR-FOR-DOLLAR  TARIFFS ON THE U.S...IMPOSING ITS OWN TRADE BARRIERS ON U.S. STEEL, ALUMINUM AND OTHER PRODUCTS. "THE VALUE OF GOODS IS GOING TO BE 16.6 BILLION DOLLARS THE LIST IS EXTENSIVE. FREELAND, FOREIGN AFFAIRS MINISTER, MADE IT CLEAR THIS LIST WAS CHOSEN VERY VERY CAREFULLY TO ENSURE A  MINIMIZALTAION ON THE CANADIAN ECONOMY. ALL THE GOODS CAN EITHER BY SOURCED DOMESTICALLY  OR FROM OTHER COUNTRIES OUTSIDE OF HTE UNITED STATES." EUROPE AND MEXICO PLEDGED TO RETALIATE QUICKLY, EXACERBATING TRANS- ATLANTIC AND NORTH AMERICAN TRADE TENSIONS. THE EUROPEAN COMMISSION PRESIDENT SAID THE U-S DECISION TO IMPOSE TARIFFS AMOUNTS TO TRADE PROTECTIONISM AND THAT EUROPE WOULD  RESPOND WITH COUNTER-MEASURES. SOME U-S AG GROUPS ARE REACTING TO THE NEWS OF RETALIATORY THESE  TARIFFS ON AG PRODUCTS BETSY JIBBEN HAS THAT ANGLE OF THE STORY. CLINTON,  I TALKED WITH A NUMBER OF AG ORGANIZATIONS THURSDAY AND MANY OF THEM  SAY - THEY'RE STILL TRYING TO GATHER MORE INFORMATION.  MOST SAYING ALL THEY KNOW IS THAT THEIR PRODUCT IS ON THE LIST -- BUT THERE ARE NO SPECIFICS REGARDING DUTIES, AMOUNTS, OR A DATE OF  EXECUTION.  " LAST YEAR WE SHIPPED 1.5 BILLION DOLLARS TO MEXICO, WE SHIPPED CLOSE TO A BILLION DOLLARS TO  CANADA, THAT'S OUR FOURTH LARGEST MARKET. MEXICO IS OUR LARGEST MARKET. WE ARE VERY CONCERNED ABOUT THE TRADE DISPUTE THAT'S IN PLACE AND CONCERNED OF THE IMPACT  IT'S GOING TO  HAVE ON U.S. PORK,"THE U.S. GRAINS COUNCIL STATING IT HAS SPENT YEARS BUILDING MARKETS IN  THESE COUNTRIES.  QUOTE-- "WE HAD STRONG HOPES THIS SITUATION WOULD BE AVERTED PERMANENTLY, BUT IT NOW APPEARS WE NEED TO PREPARE FOR RETALIATION AND ITS DIRECT IMPACT <TO> U.S. FARMERS. OUR GLOBAL STAFF IS DOING THIS TO THE BEST OF  THEIR ABILITIES AS WE CONTINUE TO FOLLOW NEW DEVELOPMENTS."  FARMERS FOR FREE TRADE SAYING THE ANNOUNCEMENT THE U.S. WILL PLACE  STEEL AND ALUMINUM TARIFFS OPENS THE FLOODGATES TO BILLIONS IN NEW  TARIFFS ON AMERICA AG.  QUOTE: "THE LIST OF COUNTRIES TARGETING OR PLANNING TO TARGET AMERICAN AG EXPORTS NOW INCLUDES 28 E.U. MEMBERS, OUR CLOSEST TRADING PARTNERS  IN CANADA AND MEXICO, AND THE WORLD'S LARGEST EXPORT MARKETS IN CHINA  AND INDIA. THESE ARE MARKETS THAT THE AMERICAN HEARTLAND DEPENDS ON  FOR ECONOMIC SURVIVAL."  MONROE SAYS THE ANNOUNCEMENT IS ADDING TO THE UNCERTAINITY IN PLACE  WITH THE NORTH AMERICAN FREE TRADE AGREEMENT NEGOTIATIONS BETWEEN  THE U.S., CANADA AND MEXICO.  THANKS BETSY. 

STEEL, ALUMINUM TARIFFS
U.S. COMMERCE DEPARTMENT DATA SHOW CANADA IS THE TOP SOURCE OF U.S.  IMPORTS OF STEEL AND ALUMINUM, WHILE MEXICO IS THE U.S.'S FOURTH- LARGEST PROVIDER OF STEEL AND 10TH-LARGEST OF ALUMINUM. ONE OTHER PRESSING ISSUE IS NAFTA. COMMERCE SECRETARY WILBUR ROSS SAYING  THE FACT THAT U-S TOOK  TARIFF ACTION DOES NOT MEAN THAT NAFTA NEGOTIATIONS CAN'T CONTINUE.  CANADA'S TRADE MINISTER SAYS THE TWO ISSUES ARE ON 'SEPARATE TRCKS",  BUT THAT THE TARIFFS WOLD ADD FURTHER STRESS TO THE NEGOTIATIONS. 

AG EXPORT NUMBERS
WHILE MUCH OF OUR ATTENTION FOCUSES ON DISRUPTED TRADE, THE U-S  DEPARTMENT OF AG RELEASING ITS EXPECTATIONS FOR AGRICULTURAL  EXPORTS FOR THE COMING YEAR. THE ECONOMIC RESEARCH SERVICE OF USDA IS PROJECTING AGRICULTURAL EXPORTS TO REACH 142-AND-A HALF BILLION DOLLARS IN FISCAL YEAR 2018.   THAT'S A THREE BILLION DOLLAR BOOST FROM FEBRUARY ESTIMATES. THAT INCREASE IS BASED ON EXPECTED INCREASES IN CORN AND COTTON  EXPORTS. WEATHER PROBLEMS IN SOUTH AMERICA IS IMPROVING THE EXPORT  PICTURE FOR U-S CORN. AG IMPORTS ARE PROJECTED AT 121-AND-A HALF BILLION...ALSO UP THREE  BILLION FROM FEBRUARY. THAT LEAVES A TRADE SURPLUS OF 21 BILLION DOLLARS. USDA REPORTING ARGENTINA MAKING SIGNIFICANT IMPORT PURCHASES OF U.S.  SOYBEANS.  SO FAR, 600 THOUSAND TONS OF U.S. SOYBEANS HAVE BEEN PURCHASED, BOTH  IN THE CURRENT MARKETING YEAR AND NEW CROP. ANALYSTS SAY MOST OF THE PURCHASES WERE MADE IN APRIL, WHEN U.S.  SOYBEANS WERE CHEAPER DUE TO NEWS ABOUT CHINESE TARIFFS.  U.S. AG OFFICIALS SAY SOYBEAN EXPORTS TO ARGENTINA COULD CLIMB TO 1  MILLION TONS THIS YEAR. A NEW ARGENTINE RESOLUTION, WOULD ALLOW VARIETIES THAT ARE YET TO  APPROVED TO BE USED FOR RAW MATERIALS LIKE ANIMAL FEEDS. THE LAST TIME WE EXPORTED ANYTHING TO ARGENTINA WAS 1998 OR 1997 WHEN WE EXPORTED  HALF A MILLION TONNES. SINCE THEN, IT'S BEEN 500 TONEES A YEAR AND THIS IS IT."BUT AS FAR AS BEING BUILT IN NOW, IT'S DEFINATELLY BUILT IN NOW. A LOT OF THOSE SALES ARE FOR  NEW CROP. 1:27 AND ONCE WE SEE THOSE SHIPMENTS GO OUT THE DOOR, IT COULD IMPACT THE MARKET FURTHER.ANALYSTS SAY THE COUNTRY'S RECENT DROUGHT AND SMALLER CROP IS  BEHIND THE SHARP INCREASE IN BUYING FROM ARGENTINA.  

CROP COMMENTS
CINDI CLAWSON CONTINUING TO FILL IN FOR MIKE HOFFMAN. SHE JOINS US NOW  WITH A LOOK AT CROP COMMENTS AROUND FARM COUNTRY.  CINDI.  GOOD MORNING, CLINTON.  THE DROUGHT MONITOR MAY SHOW THE SOUTHEAST IS NEARLY DROUGHT FREE  - BUT THAT MAY BE AN UNDERSTATEMENT.  MICHAEL HANCOCK SENDING US THIS PICTURE OF SOGGY FIELDS IN DOERUN, GEORGIA. HE SAYS THIS FIELD WAS READY TO BE PLANTED INTO COTTON. HE  WILL HAVE TO REWORK THIS FIELD DUE TO EXCESSIVE MOISTURE.  AND GREG BLACK IN KINGFISHER, OKLAHOMA IS RECRUITING A YOUNG SCOUT - WHO IS HIS OLDEST SON - TO CHECK COTTON FIELDS WITH HIM.  USDA SAYS 45 PERCENT OF COTTON ACRES HAVE BEEN PLANTED IN OKLAHOMA,  10 TICKS HIGHER THAN THE 5-YEAR AVERAGE.  LET'S TAKE A LOOK AT THE WIND FORECAST AS WE HEAD THROUGH FRIDAY WE'RE GOING TO BE SEEING KIND OF STRONGER WINDS TO START THE DAY UP IN THE PLAINS AS WE HAVE A SYSTEM THERE AND EVEN  INTO A LOT AS YOU START TO GET INTO THE INTERMOUNTAIN WEST AS WELL. LATER IN THE DAY HEADING  INTO FRIDAY NIGHT A LOT OF THAT'S GOING TO BE IN THE NATION'S MIDSECTION WHERE WE SEE THESE STRONGER WINDS AND THEN SATURDAY MORNING YOU'LL SEE A LOT OF THE CENTRAL AND NORTHERN PLAINS  SEEING SOME STRONGER WINDS. THAT'S A LOOK AT SOME THINGS THERE WE'LL HAVE YOUR FULL FORECAST  COMING UP SOON. BUT FOR NOW HERE ARE YOUR HOMETOWN. TEMPS.  

TEASE
COMING UP, SUMMER PRICING STRATEGIES GIVEN THE UNCERTAINTY IN POLITICS  AND WEATHER. AND LATER, RUNNING A NO-TILL PLANTER THROUGH COVER CROPS CAN HAVE  IT'S OWN SET OF CHALLENGES. WE'LL TAKE A CLOSER LOOK TODAY ON FARM JOURNAL COLLEGE TV. 

FLOOR OF CME
IN AGRIBUSINESS MARKETS SHOWING MIXED REACTION TO THURSDAY'S TRADE  NEWS.  LETS GET DETAILS FROM THE FLOOR. IT HAS BEEN A WILD WEEK SO FAR. NONETHELESS A SHORTENED HOLIDAY WEEK WE SAW CORN AND  SOYBEANS AND WHEAT ALL GETTING TAKEN TO THE WOODSHED EARLIER BUT FINDING A LITTLE BIT OF FIRMNESS HERE ON THE THURSDAY MORNING MID AFTERNOON TRADE. OBVIOUSLY A LOT GOING TO HAVE  TO DO WITH WEATHER GOING FORWARD AS THIS CROP STARTS IT DEVELOPS AND THAT'S GOING TO BE  SOMETHING TO KEEP A VERY CLOSE EYE ON THAT'LL KIND OF PUT THE PRESSURE ON THE FUNDS AND WHAT THEY'RE GOING TO DO WITH THEIR POSITION WHICH THEY'VE LIKELY BEEN SQUARING UP A LITTLE BIT AS WE COME TO THE END OF THE MONTH. NOW AS FAR AS THE SOYBEANS ARE CONCERNED I'M A LITTLE LESS OPTIMISTIC. WE CONTINUE TO GET THESE TRADE HEADLINES THAT PUT A LITTLE BIT OF FEAR IN THE MARKET  AND I THINK THAT PUTS A BEARISH UNDERTONE HERE. CATTLE LIMIT YESTERDAY THAT TAKING SOME HEAT  TODAY ON THE BACK OF SOME TRADE FEARS LEAN HOGS. ALSO VERY MIXED SIROE RECENTLY TAKING  SOME HEAT ON THE BACK OF SOME TARIFFS POTENTIALLY ON THE PORK BELLIES OUT OF MEXICO. BUT I  THINK THIS REPRESENTS A BUYING OPPORTUNITY. WE SAW THE MARKET SELL OFF AND ACCELERATE LOWER BECAUSE IT HAS STALLED OUT AND THE FACT THAT WE WEREN'T TRADING LIMIT DOWN ON THE BACK OF THAT  NEWS I THINK PROVIDES A LITTLE BIT OFFER OF OPPORTUNITY GOING INTO THE FRIDAY SESSIONS. THIS HAS  BEEN OLIVER SLOUP WITH BLUE LINE FUTURES FROM THE FLOOR OF THE CME. 

AGRIBUSINESS
BOB UTTERBACK UTTERBACK MARKETING OUR GUESTS HERE AT THE AGRIBUSINESS DESK TODAY BOB AS  WE LOOK AT 2018 OBVIOUSLY WE HAVE BEEN TRYING TO PUT A BUSINESS PLAN IN PLACE AND YOU  KNOW WE ALWAYS HAVE TO MAKE SOME TWEAKS AND ADJUST. SO I THINK IT MAYBE HELP US A LITTLE BIT TO SAY OK WHAT HAVE I DONE SO FAR WHAT I NEED TO DO IN THE NEXT COUPLE OF MONTHS. I AM A  STRONG ADVOCATE ONE WHEN A GUY CAN GET A DECENT. AND I THINK FOUR DOLLAR CORN FOR A LOT OF  GUYS WAS A SIGN POINT FOR CORN. TEN DOLLARS FOR BEANS. ONE WAS PUT IN HEDGES ON EARLY. I LIKE  TOTAL FLEXIBILITY SO I BOUGHT IN THE MONEY PUT. AND WITH THE STRATEGY I WAS GOING TO ROLL UP  DIAMOND STRIKE WHEN I CAN DO THAT FOR FOUR CENTS AND GO ROLL UP. BUT IF THE MARKET CRASHES I  HAVE A FLOOR RATHER THAN A SHORT FUTURES OR SHORT CASH SALE. MY PREFERENCE IS TO BE INPUT IF I'M  A CASH SELLER WHICH I HAVE A LOT OF CLIENTS ARE CASH SELLERS AND THEY'VE STILL SOLD SOME NEW  CROP MORE THAN THE TRADE I THINK I'M PROBABLY MORE 50 60 PERCENT SOLD THAN CORN 50 OR 60 70 PERCENT SOLD AND BEANS. OK. AND IF I DIDN'T BUY CAUSE SOME CALL CLIENTS BUT CALLS LAST FALL AND  THEY'RE IN GREAT SHAPE. OK. THE GUYS THAT JUST SOLD THE CASH THIS SPRING WE WILL BE WANTING TO  GET THAT CALL IN PLACE BEFORE MEMORIAL DAY WEEKEND. HEY HEY SEPTEMBER CALL STRIKE AS A  CATASTROPHIC PLAN FOR ABOUT FIVE WEEKS TO PROTECT THAT CASH SALE AGAINST THE 20 30 PERCENT CHANCE OF A WEATHER SCARE EVENT. IT'S A IT'S A INSURANCE POLICY. BUT HERE AGAIN IT'S MORE OF A  PSYCHOLOGICAL POLICY BECAUSE IF I TAKE A HIT ON THAT CASH SALE I CAN'T SELL THAT 450 DECEMBER  CORN WHICH I THINK IS THE BRASS RING I'M AFTER FOR 50 PLUS CORN. THAT'S WHAT I WANT TO SELL  BECAUSE I'VE GOT PROFITS I WORK WITH CLIENTS THAT TELL ME THAT THEIR COST REDUCTION IS SOMEPLACE  BETWEEN 450 FOURTH YOU KNOW THREE FORTY TO THREE 350 TO 320 COSTS PRODUCTION. SO IF I CAN SELL DECEMBER FOR FURLEY WHEN IT'S INVERTED AND ROWLF CAPTURE CARRY I'M CLOSE TO FOUR SEVENTY  FIVE TO FIVE DOLLAR CORN. AND YOU KNOW YOU'RE YOU'RE WORKING ON SOME VERY GOOD RETURNS.  ABSOLUTELY. IN A CLIMATE THAT IS VERY UNCERTAIN. I'D RATHER TAKE THE I'D RATHER DEFEND THAT  GUARANTEE PROFIT THAN TRY TO SAVE FOR YOU TO BEAT ME TO BEAT FIVE DOLLAR COIN IN SUMMER OF 2019. I WOULD ARGUE YOU'D HAVE TO HAVE KERRY OVERBLOW ONE POINT TWO BILLION. ALL RIGHT. SO  TAKE THE CERTAINTY WHEN YOU CAN GET IT. THAT'S WHAT I'M SAYING. ALL RIGHT THANKS BOB. WE'LL BE  BACK WITH MORE IN JUST A MINUTE.

WEATHER
WELCOME BACK TO AGDAY HERE WITH CINDI CLAWSON AS WE LOOK AT THESE FRONTS ACROSS THE  COUNTRY THE BRITISH COOL TEMPERATURES ARE STILL HOT. IT DEPENDS ON WHAT PART OF THE COUNTRY YOU  ARE. UNFORTUNATELY WE'RE STILL DEALING WITH SOME REALLY HOT WEATHER IN THE PLAINS. BUT WE HAVE  SEEN SOME RELIEF IN SOME OF THE NORTH CENTRAL AREAS. LET'S TAKE A LOOK. AND CERTAINLY THE MAPS HAVE BEEN A LITTLE BIT MESSY WITH ALL OF THESE FRONTS THAT WE'VE HAD MOVING AROUND  ESPECIALLY THE EASTERN PART OF THE COUNTRY OVER THE PAST FEW DAYS AND TODAY IS NO EXCEPTION  WITH A COUPLE OF FRONTAL BOUNDARIES THROUGH PARTS OF THE CORN BELT AND INTO THE OHIO AND TENNESSEE VALLEYS. THAT'S WHERE THE COOLER DRIER AIR IS AND THAT'S GOING TO BE AFFECTING THE  GREAT LAKES IT'S STILL REALLY WARM AND MUGGY IN THE SOUTHEAST AND VERY HOT IN PARTS OF THE  CENTRAL AND SOUTHERN PLAINS. WE WILL SEE SOME SHOWERS AND SOME THUNDERSTORMS AS WE HEAD THROUGH OUR DAY ESPECIALLY IN THE EASTERN HALF OF THE COUNTRY. AND ALONG THIS LOW  PRESSURE SYSTEM IN THE CENTRAL AND NORTHERN PLAINS WE START TO PICK UP SOME MORE MOISTURE  THERE AND INTO THE OVERNIGHT HOURS WE'LL SEE THOSE SHOWERS AND STORMS STARTING TO MOVE INTO THE UPPER MIDWEST FOR SATURDAY. WE ARE LOOKING AT MORE SHOWERS AND THUNDERSTORMS  ESPECIALLY IN THE SOUTHEAST AND WE'LL SEE THAT SYSTEM IN THE NATION'S MIDSECTION CONTINUING TO PUSH EAST TOWARDS THE GREAT LAKES WHILE WE DRY OUT IN THE WEST. HERE'S A LOOK AT THE  PRECIPITATION ESTIMATE OVER THE PAST 24 HOURS IT'S REALLY BEEN ALONG THAT STATIONARY BOUNDARY  IN THE SORT OF TENNESSEE AND OHIO VALLEYS AND THEN THAT SECOND AREA WITH THE FRONT THAT'S GOING TO BE MOVING INTO THE PLAINS SO AS WE ADD AT THE NEXT 24 HOURS BOTH OF THOSE AREAS WILL  BE THE FOCUS FOR THE RAINFALL ACROSS THE COUNTRY. TEMPERATURES AGAIN AS I MENTIONED STILL REALLY  HOT IN ESPECIALLY THE SOUTHERN PLAINS WHERE WE COULD BE DEALING WITH TRIPLE DIGITS IN SEVERAL  AREAS. COOLER TEMPERATURES ARE BRINGING SOME RELIEF TO MUCH OF THE GREAT LAKES BUT IT IS STILL  REALLY REALLY HOT IN THE NATION'S MIDSECTION. WE'RE SEEING SOME COOLER TEMPERATURES IN THE NORTHWEST AS WELL HEADING INTO THE OVERNIGHT HOURS. WE DON'T SEE A WHOLE LOT OF RELIEF ON  YOUR LOWS ARE ONLY AROUND 80 DEGREES. WE'VE GOT 50S IN THE NORTHWESTERN UNITED STATES AND  INTO SOME OF THE NORTHEAST 50S AND 60S IN THE GREAT LAKES AND OHIO VALLEY. AND THEN AS WE GET INTO TOMORROW STILL HOT BUT WE SEE A LITTLE BIT OF RELIEF FROM SOME OF THE CLOUDS AND SOME OF  THE RAIN IN NORTHERN PARTS OF THE PLAINS. STILL REAL HOT THOUGH IN THE SOUTHERN PLAINS AND THEN  AS WE GET INTO OUR JET STREAM WE'VE GOT THAT TROUGH OUT WEST. WE'RE GOING TO SEE THAT KIND OF  TRANSLATING TO THE EAST SO WE MIGHT GET A LITTLE RELIEF FROM THE HEAT ALONG NORTHERN TIER STATES.  BUT THAT TROUGH WILL DIG IN BRING SOME STORMY CONDITIONS BUT LOOK AT THAT BIG RIDGE DEVELOPS AS  WE GET INTO THE MIDDLE AND LATTER PART OF NEXT WEEK AND THAT MEANS SOME VERY HOT WEATHER. THAT'S A LOOK AT YOUR NATIONAL FORECAST. NOW LET'S CHECK OUT THE WEATHER WHERE YOU LIVE.  GOLDEN HILLS CALIFORNIA SUNNY AND WARMER FOR YOU TODAY WITH A HIGH OF 71 DEGREES. WILLISTON  NORTH DAKOTA A CHANCE FOR SHOWERS AND THUNDERSTORMS WITH A HIGH OF 77. AND LAWRENCE IN  VIRGINIA. SHOWERS AND THUNDERSTORMS LIKELY FOR YOU WITH A HIGH OF 87.

TEASE
WE'LL TALK NO TILL PLANTING INTO COVER CROPS COMING UP ON FARM  JOURNAL COLLEGE TV. AND LATER, A DIP, A DAB OR DOLLOP OF ICE CREAM FOR NATIONAL DAIRY MONTH. 

FARM JOURNAL COLLEGE TV
WHILE YOUR MOST RECENT PLANTER SET UP IS STILL FRESH IN YOUR MIND,  FIELD AGRONOMIST MISSY BAUER TALKS ABOUT NO-TILL PLANTING INTO COVER  CROPS AND THE CHALLENGES ASSOCIATED WITH THAT PROCESS. ITS TODAY'S LESSON FROM FARM JOURNAL COLLEGE TV. WHAT WE'RE TRYING TO EVALUATE IS THE PLANTABILITY INTO THE COVER CROPS THEMSELVES SO THIS PARTICULAR PLOT I MEAN HERE IS WHERE WE NO-TILLED ONE OF THE ISSUES THAT I SEE IN THIS IS THE  STANDARD HERE THAT I HAVE SOME CONCERNS ABOUT IS THE VARIABILITY IN THE STAND AND WHAT WE'RE  SEEING IS WHEN WE GOT INTO THE HEAVIEST PART OF WHERE THESE COVER CROPS WERE THAT WE YOU SEE WE'VE GOT SOME SMALL CORN COMPARED TO THE BIGGER CORN THAT'S OUT HERE WHEN WE SEE  THESE SMALL PLANTS LIKE THIS. THIS IS GOING TO END UP HURTING OUR OVERALL EAR COUNTS WHERE IT  COUNTS NOT GOING TO BE AS GOOD IN THE SITUATION WHERE WE SEE THESE SOME OF THE REASON FOR  THAT I BELIEVE IS AS WE'RE COMING THROUGH THE THICK OF WHERE THE COVER CROPS WERE IS THAT WE LOST THE ABILITY TO KEEP OUR PLANNING THAT THERE HOLD THE PLANNING THAT'S THE PLAN OR ACTUALLY  RODE OUT OF THE GROUND A LITTLE BIT AND CAUSE SHALLOW CORN. SO A LOT OF THESE SMALL PLANTS ARE  SHALLOW PLANTED. NOW SOME OF THE THINGS I DO SEE HAS SOME BENEFITS OUT HERE FROM THE COVER  CROP I'VE DUG UP SOME OF THE SOIL HERE WHERE WE HAD A LOT OF THE THICK HEAVY RESIDUE COVER AND WE COULD ACTUALLY SEE A LOT OF ROOTS IN HERE AND REALLY NICE SOIL STRUCTURE A LOT OF GOOD  AGGREGATES HERE AND THE SOIL REALLY CRUMBLES UP QUITE NICE WE SEE WHERE THERE'S SOME  BENEFITS OF WHAT WE DID OUT THERE. BUT WE HAVE TO MAKE SURE WE CAN PLANT INTO IT AS WELL. SO  IF THIS ENDS UP HURTING OUR COUNTY GOT TO SAY WHAT ARE SOME THINGS I CAN DO ON MY PLATTER TO TRY TO AVOID THIS SITUATION RIGHT HERE IN ONE OF THE THINGS THAT WE'RE GOING TO KNOW TELL INTO  WHAT IS GOING TO BE SET A ROW CLEANERS VERY AGGRESSIVE AND ADD A LITTLE BIT MORE DOWN  PRESSURE PROBABLY ON THE PLANTER AS WELL. SO THOSE WOULD BE TWO THINGS THAT AS I COME THROUGH THE HEAVY MATS  WHERE THE COVER CROP WAS WOULD TRY TO ONE MOVE IT OUT OF THE WAY  WITH THE ROAD CLEANERS AND TO HAVE MORE FORCE ON MY UNIT TO TRY TO KEEP IT IN THE GROUND. THIS  PARTICULAR TREATMENT OF TILLAGE IS WHERE WE RAN THE DISC SO YOU CAN SEE WHEN WE PLANTED INTO THIS WE ENDED UP WITH A REALLY GOOD STANCE. WE DIDN'T HAVE THE SAME ISSUE THAT WE HAD  TRYING TO KNOW TILL INTO THE COVER CROPS OVER THERE.

TEASE
WHEN WE COME BACK, A TASTY TRADITION FOR THE START OF DAIRY MONTH.  THIS WEEK'S FARM SENSE AFTER THE BREAK. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE. VISIT KUBOTA.COM TODAY. WE HAD A TRADITION AT MY HOUSE GROWING UP...JUST ABOUT EVERY EVENING-- AROUND THE TIME THE LOCAL NEWS CAME ON, BOWLS AND SPOONS CAME OUT-- FOR A NEAR NIGHTLY DAB OF ICE CREAM. IT DIDN'T REALLY MATTER THE FLAVOR, THE BRAND OR THE TOPPINGS... A SMALL BOWL OF ICE CREAM WAS AND STILL IS OFTEN THE PREFERRED NIGHTCAP ON  THE DAY. I'M NOT SURE WHERE OR HOW THIS STARTED. IT MAY HAVE BEEN WHEN MY  GRANDPARENTS OWNED AN ICE CREAM STORE FOR A FEW YEARS IN WISCONSIN.  OR THE FACT THE SCHWAN'S TRUCK BASICALLY DELIVERED IT STRAIGHT TO OUR  FREEZER. THANKFULLY I MARRIED A WOMAN HELPING ME CARRY THIS TRADITION  FORWARD. AS WE CELEBRATE DAIRY MONTH-- THIS JUNE YOU MIGHT BE SURPRISED JUST  HOW BIG THIS BUSINESS IS. ACCORDING TO THE INTERNATIONAL DAIRY FOODS ASSOCIATION, ROUGHLY 1  AND A HALF BILLION GALLONS OF ICE CREAM AND RELATED FROZEN DESSERTS  ARE PRODUCED IN THE U.S. EACH YEAR. AND ON AVERAGE AMERICANS CONSUME MORE THAN 23 POUNDS OF ICE CREAM  EACH-- PER YEAR. THE ICE CREAM INDUSTRY CONTRIBUTES MORE THAN $39 BILLION DOLLARS TO  THE NATIONAL ECONOMY-- CREATING NEARLY 200-THOUSAND JOBS. SO WHETHER ITS ICE CREAM, CHEESE OR SOME OTHER DAIRY DERIVED  DELICACY THIS JUNE, KNOW THAT THE INDUSTRY IS CHURNING OUT PLENTY OF PRODUCT. THE WAY I LOOK AT IT, I'M JUST DOING MY PART TO HELP THE NATION'S  ECONOMY-- ONE BOWL AND ONE GENERATION AT A TIME. 

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. 

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