AgDay Daily Recap - May 7, 2018

May 7, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
MAY 7, 2018

HEADLINES

A STRONG START TO THE YEAR FOR MEAT EXPORTS....BUT WILL A TRADE SPAT LIMIT THE POTENTIAL?HOW COULD STATE LABELING LAWS IMPACT U-S EGG PRODUCTION? IN ANALYSIS.....FROM THE BAKKEN TO THE BAYOU - A BATTLE OVER A PIPELINE PATH....AND MACHINERY PETE.<"STAY TUNED FOLKS. COMING UP WE'LL TALK ABOUT STRONG BUYER DEMAND ON SMALL HORSEPOWER TRACTORS."> A MILKING PARLOR THAT'S LESS HOLSTEIN AND MORE AARDVARK. AGDAY - BROUGHT TO YOU BY THE CHEVY SILVERADO, THE MOST DEPENDABLE, LONGEST-LASTING FULL SIZE PICKUPS ON THE ROAD.

USMEF QUARTERLY REPORT
GOOD MORNING I'M CLINTON GRIFFITHS. AS THE FIRST QUARTER DREW TO A  CLOSE AT THE END OF MARCH, GLOBAL DEMAND FOR U-S RED MEAT REACHED  RECORD TERRITORY. U-S MEAT EXPORT FEDERATION JUST RELEASING ITS ANALYSIS OF BEEF AND  PORK SHIPMENTS THROUGH THE FIRST THREE MONTHS OF THE YEAR. FOR THE MONTH OF MARCH, BEEF EXPORTS SET A NEW MONTHLY VALUE  RECORD. AND PORK EXPORT VALUE REACHED THE SECOND-HIGHEST LEVEL ON RECORD. THOSE STRONG MONTHLY SHOWINGS CAPPED WHAT USMEF CALLS AN  "EXCELLENT" FIRST QUARTER. FOR THE FIRST QUARTER OF 2018, BEEF EXPORTS WERE 9 PERCENT HIGHER IN  VOLUME AND 19 PERCENT IN VALUE.ON THE PORK SIDE, VOLUME INCREASED ONE PERCENT YEAR-OVER-YEAR, WHILE  VALUE WAS 8 PERCENT HIGHER. NOW, AS FAR AS CHINA DEMAND....CHINA'S ADDITIONAL 25-PERCENT TARIFF ON  IMPORTS OF U-S PORK TOOK  EFFECT ON APRIL SECOND. SO THE CURRENT  NUMBERS WOULD NOT REFLECT THE TRADE SPAT.

TRADE NEGOTIATIONS WITH CHINA
AS FAR AS NEGOTIATIONS.... U-S AND CHINA TRADE TALKS ENDED FRIDAY IN  BEIJING WITH NO BREAKTHROUGHS BUT THE TWO SIDES PROMISED TO KEEP TALKING. THE U-S TRADE TEAM LAID-OUT AN EIGHT POINT PLAN WHICH CALL FOR CHANGES  TO SOME OF CHINA'S TRADE POLICIES. THE DOCUMENT DESCRIBED THE TRADE  RELATIONSHIP AS "SIGNIFICANTLY IMBALANCED." "I THINK PRESIDENT TRUMP IS SAYING 'NO, WE ARE NOT GOING TO GO DOWN THE ROAD OF AMERICA BEING PUNISHED.' WE WANT TO BE PARTNERS. AND I THINK THAT'S WHAT'S HAPPENING HERE. THERE'S NO WAR. WHAT THERE IS, IS THE RENEGOTIATION. IT'S ALL IN GOOD FAITH. WE'RE NOT SEEKING TO DO ANYBODY HARM. BUT ON THE OTHER HAND, WE WILL BE HARMED BY TRADE.">THE DELEGATION ASKED FOR A COMMITTMENT FROM CHINA TO CUT THE BILATERAL TRADE DEFICIT TO 200-BILLION DOLLARS BY THE YEAR 2020. IT'S  NEARLY TWICE THAT RIGHT NOW. THE DISCUSSION DOCUMENT DEMANDS THAT CHINA REDUCE TARIFFS TO LEVELS  NO HIGHER THAN THOSE THAT THE U.S. IMPOSES ON THE SAME GOODS. IT ALSO ASKS CHINA TO WITHDRAW ITS CHALLENGES AGAINST THE U-S AT THE  WORLD TRADE ORGANIZATION. 

FARM BILL
HERE AT HOME CONGRESS RETURNS THIS WEEK WITH RENEWED FOCUS ON THE  FARM BILL. ONE OF THE HOUSE BILL AMENDMENTS DEALS WITH COMMERCE BETWEEN  STATES. IT'S BEEN A BIG ISSUE FOR EGG PRODUCERS..AND PRODUCTION RULES FROM  CALIFORNIA. BUT WHAT DO CONSUMERS SAY ABOUT EGGS, LABELS AND PRODUCTION  SCIENCE? TYNE MORGAN JOINS US WITH MORE. <THANKS CLINTON. WELL HERE NOW WITH KAY JOHNSON SMITH OF THE ANIMAL AG ALLIANCE AND WE'RE  HERE AT THIS SUMMIT WE'RE REALLY IT'S DEVELOPING A CONVERSATION BETWEEN ALL THE STAKEHOLDERS  AND ANIMAL AGRICULTURE. AND YOU KNOW THERE'S BEEN A LOT OF TALK HERE ABOUT ABOUT LABELS AND REALLY AT THE END OF THE DAY DO CONSUMERS CARE ABOUT SCIENCE OR MOST OF THOSE LABELS THAT  THEY SEE AND THAT MAKES THEM PURCHASE A PRODUCT. IS IT MORE EMOTIONALLY DRIVEN. THERE'S A  LOT OF EMOTION IN FOOD PURCHASES BUT THERE'S ALSO A REALITY OF CONSUMERS HAVE FINITE BUDGETS.  THEY'RE TRY TO FIND THINGS THAT MATCH THEIR VALUES AND THEIR BUDGET. SO I THINK IN THE END OF THE  DAY PEOPLE TRUST OUR FOOD THEY ARE INTERESTED IN THE SCIENCE BEHIND IT OR AT LEAST IN THE NUTRITION BEHIND THE FOOD. BUT AT THE END OF THE DAY YOU KNOW IT IS AN EMOTIONAL DECISION. BUT  MOST PEOPLE STILL BASE THEIR PURCHASING ON QUALITY ON PRICE AND ON WHAT THEY WANT TO COOK FOR  DINNER THAT NIGHT. SPEAKING OF PRICE YOU KNOW WE SEE THIS MOVEMENT FROM WHERE CAGE FREE  EGGS AND SOME MAJOR RETAILERS ARE COMING OUT WITH JUMPING ON THAT BANDWAGON IN SOME OF THE RESEARCH THAT YOU'VE DONE. ARE CONSUMERS WILLING TO PAY MORE FOR THAT LABEL THAT SAYS  CAGE FREE OR SLOW GROWING. INTERESTING IN THE SURVEY PEOPLE WITH THE ANSWER SURVEYS YOU'RE  NOT ALWAYS SURE IF THEY'RE ANSWERING FROM A HONEST PERSPECTIVE OR WHAT THEY WOULD REALLY DO IN THE GROCERY STORE. SO I THINK THERE'S A LITTLE SWAY THERE. BUT IT'S INTERESTING THE VERY SMALL  NUMBER OF PEOPLE WERE WILLING TO PAY FOR CAGE FREE EGGS UP TO ABOUT 40 CENTS MORE A DOZEN.  ONCE YOU PASS THAT 40 CENTS MARK THAT NUMBER DECLINED DRASTICALLY AND SO PEOPLE ARE REALLY  NOT WILLING TO PAY MORE. AND THAT IS SHOWN AS WELL IN THE ACTUAL PURCHASES IN THE GROCERY STORE TODAY. DO YOU THINK IF WE LIKE LET'S SAY WE DO HAVE A LOT MORE CAGE FREE EGGS WHEN WE  GET TO A CERTAIN PRICE DOES THAT STEER PEOPLE AWAY FROM BUYING EGGS ALTOGETHER. THEY DO THE  SURVEYS SHOW THAT ONCE. IF YOU TOOK AWAY ALL CHOICES AND THE ONLY OPTION WAS CAGE FREE EGGS. ABOUT 17 PERCENT SAID THEY WOULD NOT BUY EGGS AT ALL. AND IT'S REALLY UNFORTUNATE  BECAUSE THE EGGS ARE REALLY VERY AFFORDABLE AND A VERY WHOLESOME PROTEIN FOR A LOT OF  FAMILIES ESPECIALLY THOSE ON LOWER INCOME BUDGETS. OK THANK YOU SO MUCH FOR JOINING US. WE APPRECIATE IT. WELL CLINTON HERE FROM THE ANIMAL AG ALLIANCE SUMMIT IN WASHINGTON D.C.  I'M TYNE MORGAN REPORTING FOR AGDAY> 

DRIVING COSTS
IT'S DRIVING SEASON FOR FARMERS AND PRODUCE HAULERS. AND THIS YEAR, THE COST OF RUNNING THAT DIESEL EQUIPMENT IS ON THE RISE. THE AVERAGE PRICE OF A GALLON OF DIESEL FUEL IN THE U.S. HIT MORE THAN $3.15 LAST WEEK -– A LEVEL LAST SEEN IN MORE THAN 3 YEARS. THE AVERAGE PRICE HAS JUMPED MORE THAN 57 CENTS PER GALLON SINCE MAY  2017. GASOLINE IS ALSO RISING. THE NATIONAL AVERAGE FOR A GALLON OF GAS TOPPING $2-80 THIS WEEK, A  LEVEL NOT SEEN SINCE SUMMER 2015. 

ATCHAFALAYA PIPELINE
THE U.S. CONTINUES TO BUILD ITS OIL INFRASTRUCTURE...INCLUDING WORK ON A  NEW PIPELINE THROUGH THE SWAMPS OF LOUISIANA. IT TIES THE BAKEN OIL FIELD IN NORTH DAKOTA TO REFINERIES ON THE GULF. ENVIRONMENTAL GROUPS AREN'T HAPPY. THEY'RE SUING THE ARMY CORPS OF ENGINEERS. THE NATION'S LARGEST RIVER SWAMP IS THE SITE OF AN OIL PIPELINE DISPUTE GOING BEFORE THE 5THCIRCUIT COURT OF APPEALS IN HOUSTON ON MONDAY. ENVIRONMENTAL GROUPS ARE SUING THE ARMY CORP OF ENGINEERS FOR  DAMAGE THEY CLAIM IS BEING DONE TO THE ENVIRONMENTALLY FRAGILE  ATCHAFALAYA BASIN. "THE BAYOU BRIDGE PIPELINE WAS THE LARGEST DESTRUCTION PERMIT THAT WE HAD SEEN COME  ACROSS OUR DESK SINCE WE STARTED REVIEWING PERMITS, UM, SO, WE IMMEDIATELY WE WERE  CONCERNED ABOUT THIS ISSUE." THE BAYOU BRIDGE PIPELINE IS THE LAST LINK IN A PIPELINE NETWORK  CONNECTING THE BAKKEN OIL FIELDS IN NORTH DAKOTA WITH LOUISIANA  REFINERIES AND EXPORT TERMINALS. IT'S A 162-MILE-LONG PIPELINE STRETCHING FROM LAKE CHARLES, LOUISIANA, TO  THE GULF OF MEXICO. ROUGHLY TWENTY-FIVE MILES OF THE PIPELINE IS EXPECTED TO CUT THROUGH  THE ATCHAFALAYA BASIN, POSING A THREAT TO THE HEALTH OF THE SWAMP, ITS  CYPRESS TREES AND THE BIRDS, INSECTS AND OTHER ANIMALS WHO LIVE IN  THEM. "YOU SEE A TREE LINE IN THERE? THAT TREE LINE USED TO BE RIGHT HERE. SO, ALL THE TREES THAT ARE  FROM THIS POINT HERE, THAT WAY, THEY HAVE BEEN CLEARED ALREADY. THEY'VE BEEN GROUND TO PIECES." REPRESENTATIVES FOR THE CORPS DECLINED TO BE INTERVIEWED ON CAMERA, BUT GOVERNMENT LAWYERS HAVE DEFENDED THE CORPS' ACTIONS IN A SERIES  OF COURT FILINGS – SITING STEPS TAKEN TO MINIMIZE DAMAGE TO THE BASIN,  SUCH AS USING EXISTING RIGHTS-OF-WAY ALREADY IN USE BY OTHER PIPELINES. IN COURT DOCUMENTS, GOVERNMENT ATTORNEYS SAY THE CORPS OF  ENGINEERS ANALYSED THE ENVIRONMENTAL IMPACTS IN "GREAT DETAIL" – AND  REQUIRED THE BAYOU BRIDGE PIPELINE COMPANY TO PROTECT MORE THAN 700  ACRES OF WETLANDS BEFORE BEGINNING WORK. DUSTIN RENAUD/GULF RESTORATION NETWORK: "AS MUCH AS WE WOULD LIKE TO SEE THESE COMPANIES ABIDE BY THEIR BUILDING PERMITS, THEY  DON'T, AND THE STATE OF LOUISIANA AND THE ARMY CORPS OF ENGINEERS HAVE LET THEM GET AWAY WITH IT FOR YEARS." THOUGH A DECISION COULD TAKE DAYS – OR EVEN WEEKS. STACEY PLAISANCE/THE ASSOCIATED PRESS-THE EASTERN ATCHAFALAYA BASIN,  LOUISIANA 

CROP COMMENTS
LETS LOOK AROUND FARM COUNTRY WITH METEOROLOGIST MIKE HOFFMAN AND  TODAY'S CROP COMMENTS. GOOD MORNING CLINTON. PLANTING PROGRESS CAME TO A HALT IN NORTHERN INDIANA LATE LAST WEEK. JOE LEININGER FARMS NEAR SOUTH BEND INDIANA. THEY RECEIVED 3 INCHES OF RAIN LAST WEEK.  HE SAYS IT'S GOING TO BE SEVERAL DAYS BEFORE THEY CAN GET BACK IN THE FIELD. WE'LL GET A PLANTING PROGRESS UPDATE FROM USDA LATER TODAY BUT LAST  WEEK NASS PUT CORN PLANTING AT 8 PERCENT...ABOUT 10 POINTS OFF THE FIVE YEAR AVERAGE. AND TAKING A LOOK AT THE ESTIMATED RAIN THIS WEEK. YOU CAN SEE THE WIDESPREAD AREAS FROM TEXAS INTO THE CENTRAL PLAINS AND ON THROUGH THE NORTHEAST WE'LL HAVE A CLOSER LOOK AT THAT COMING UP IN A FEW MINUTES. BUT FIRST HERE ARE SOME HOMETOWN. TEMPS 

TEASE
FIGURING OUT THE NEXT STEPS FOR MARKETS..THAT'S WHERE THE  CONVERSATION WILL START OVER AT THE AGRIBUSINESS DESK WHEN WE COME  BACK. AND LATER, A MOTHER'S MILK CAN BE LIFE SAVING...NO MATTER THE MAMMAL.  WE'LL SHOW YOU HOW ZOOS ACROSS THE COUNTRY ARE HELPING FUTURE  BABIES SURVIVE AND THRIVE.  

AGRIBUSINESS
<HERE AT THE AGRIBUSINESS DESK WE HAVE TED SEIFFERT. JOHN PAYNE. ALL RIGHT GENTLEMEN LET'S TALK ABOUT LAST WEEK WHAT WAS THE NUMBER ONE THING YOU LEARNED LAST WEEK. GO AHEAD. CORN IS VERY RESILIENT. IT REALLY DOESN'T WANT TO BREAK EVEN THOUGH SOYBEANS AT TIMES HAD SHOWN SIGNS OF WEAKNESS. BUT I THINK CORN REALLY HAS A JOB TO DO WITH WHAT'S GOING ON IN THE LAST FEW MONTHS SINCE WE'VE DONE PLANTING INTENTIONS. WE'VE HAD BIG PROBLEMS IN SOUTH AMERICA ARGENTINA CROPS SUFFERED DRAMATICALLY. BRAZIL NOW HAD NOT HAD RAIN FOR THREE WEEKS AND DOESN'T HAVE MUCH RAIN IN THE FORECAST THAT A VERY KEY TIME. SO CORN I THINK IS TRYING TO BUY ANY SORT OF LAST MINUTE ACRES THAT IT CAN BUY. SO CORN IS HAVING THAT SORT OF RARE SEASONAL SPRING RALLY INTO PLANTING. ALL RIGHT JOHN WHAT DO YOU THINK WHAT'S ON YOUR. DID YOU SEE LAST WEEK THAT INTEREST YOU. WELL IT WAS REALLY BASED ON A RUMOR AND I'M SURE TED MEMBERS THIS ON THURSDAY RIGHT BEFORE THE CLOSE WE GOT A KIND OF A FALSE FAKE NEWS THAT THE TRADER TRADE DISPUTE BETWEEN CHINA AND RESOLVED AND WE GOT A LITTLE BIT OF PREVIEW I THINK OF HOW SOYBEANS WERE GOING TO TRADE THAT AND ON THE BREAK WE SAW BEANE'S RALLY 20 CENTS IN BUT MIEL BROKE. SO WHAT WE THINK MAYBE IS GOING TO HAPPEN TO SEE THE CRUSH COLLAPSE AS THIS NEWS IS ANNOUNCED. SO BEANE'S MAYBE POP A LITTLE BIT BUT I WOULD BE LOOKING TO PROBABLY MANAGE SOME RISK ON THAT RALLY. OK. WELL AS WE LOOK AHEAD TED WHAT ARE YOU WATCHING AS WE GET INTO A FRESH WEEK HERE. LOT OF PLANNING STILL LEFT TO DO A LOT OF PLANNING WENT LEFT AS YOU WERE TO WHERE THE MARKET CERTAINLY FOR THE WEEK. YOU KNOW WE'VE GOT A USDA REPORT COMING UP ON THURSDAY. WE'RE ALL PUTTING TOGETHER OUR NEW CROP BALANCE SHEETS FOR THE FIRST TIME. ARE WE GOING TO SEE THE USDA'S VERSION OF THAT FOR THE FIRST TIME I WAS REPORTING AND I GOT TO SAY YOU KNOW THE CORN BALANCE SHEET IS VERY INTRIGUING TO ME BECAUSE I'VE GOT A RANGE OF ANYWHERE BETWEEN ONE POINT THREE AND ONE POINT SIX BILLION BUSHEL CARRY OVER AND SHORT OF A RECORD NATIONAL AVERAGE YIELD BY A LONG SHOT. WE'RE GOING TO HAVE A MUCH TIGHTER CORN BALANCE SHEET THAN WHAT WE'VE SEEN THE LAST FEW YEARS SO WE MIGHT SEE THE RETURN OF KING CORN. MAYBE WE'VE BEEN SEEING THAT HERE FOR THE LAST THREE WEEKS. YEAH JOHN WHAT DO YOU THINK. I AGREE WITH THAT. I MEAN IF YOU SEE THOSE NUMBERS THAT HE'S MENTIONING COME TO FRUITION HE GOT TO WATCH OUT THIS SUMMER AND I THINK GOING INTO THE NEXT TWO TO THREE MONTHS. BE PREPARED FOR A LOT OF VOLATILITY I THINK GOING BACK TO 2014 WHEN WE REALLY SEEN EVERYTHING KIND OF GO SIDEWAYS THIS MIGHT BE THE MOST CHALLENGING SUMMER WE HAVE. WELL FROM THE SHORT SIDE IN THE LONG SIDE YOU KNOW EVERYBODY'S TALKING ABOUT TIGHT CARRY ON FOR NEXT YEAR. BUT I WOULDN'T BE SHOCKED TO SEE OF ANOTHER BIG CROP BY THE U.S. TREND MAYBE TAKES A BUBBLE AND 180 THAT COULD BRING US BACK DOWN TO SAY 360 370 COME HARVEST SO A LOT OF OPPORTUNITY HERE. I THINK THAT YOU CAN USE THE NEXT TWO THREE MONTHS. A LOT OF OPPORTUNITY A LOT OF UNKNOWNS. THANK YOU ALL FOR BEING HERE. WE'LL BE BACK IN JUST A MINUTE​>

WEATHER
AND WELCOME BACK TO AG DAY. I'M METEOROLOGIST MIKE HOFFMAN YOU CAN SEE THE AREAS OF RAIN FROM CENTRAL TEXAS THROUGH EASTERN OKLAHOMA ON UP INTO THE NORTH CENTRAL PLAINS AND THEN EASTWARD THROUGH THE GREAT LAKES AT LEAST THE SOUTHERN GREAT LAKES SOME OF THOSE AREAS HAD SOME DECENT AMOUNTS AND YOU CAN SEE THE AREAS OF YELLOWS AND ORANGES WERE TWO TO THREE INCHES FEW POCKETS OF RED SHOWING FOUR OR FIVE THAT YOU CAN SEE BASICALLY ALMOST FROM THE RIO GRANDE UP THROUGH THE DALLAS AREA SOUTH AND EAST OF OKLAHOMA FARTHER NORTH THEN WE HAVE A STRIP IN NORTHEASTERN KANSAS MUCH OF IOWA GETTING SOME DECENT TO HEAVY RAIN SOUTHERN PORTIONS OF WISCONSIN AND IN BASICALLY THE 80S STRIP ACROSS NORTHERN ILLINOIS NORTHERN INDIANA SOME POCKETS GET TWO TO THREE INCHES OF RAIN AS WELL. UNFORTUNATELY IF YOU NOTICED THE DROUGHT AREAS DIDN'T GET A WHOLE LOT. IT WAS ALL JUST EAST OF THERE. THAT'S JUST KIND OF WEATHER THAT WAS A COINCIDENCE OR WHETHER THAT'S BECAUSE DRY GROUND HAS A HARD TIME YOU KNOW PUTTING ANY MOISTURE INTO THE AIR FOR ADDITIONAL RAINFALL SO IT'S ONE OF THOSE THINGS WERE SOMETIMES DROUGHT JUST KEEPS EXPANDING. SO IF WE GO BACK A MONTH YOU CAN SEE WE DIDN'T HAVE QUITE AS MUCH AN EXCEPTIONAL DROUGHT BUT OVER THE PAST FOUR WEEKS WE'VE SEEN THAT AREA GRADUALLY EXPAND AND SPREAD BACK INTO THE FOUR CORNERS REGION. IT'S GOTTEN A LITTLE BETTER IN THE SOUTHEAST AND IT'S KIND OF HANGING ON BUT GETTING SLIGHTLY BETTER IN THE FAR NORTHERN PLAINS. ALL RIGHT HERE'S THE SITUATION JETSTREAM AS WE HEAD THROUGH THIS WEEK WE'LL HAVE A FEW TROUGHS COUPLE OF TROUGHS DIGGING INTO THE GREAT LAKES IN THE NORTHEAST THEN WE KIND OF GO ZONAL FOR A WHILE. SEE ANOTHER LITTLE TROUGH GREAT LAKES NORTHEAST LATE IN THE WEEK. THAT'S NOT VERY STRONG THOUGH AND THEN WE'RE DEFINITELY ZONAL AS WE HEAD THROUGH THE REST OF THE WEEK WEEKEND I SHOULD SAY IN AN EARLY THE FOLLOWING WEEK WE HAVE ANOTHER TROUGH DIGGING INTO THE GREAT LAKES THAT'S KIND OF THE PATTERN WHICH MEANS IT'S DEFINITELY GOING TO BE WARM OUT WEST AND IT'S OCCASIONALLY GOING TO BE WARM FARTHER EAST SO HERE'S WHAT I'M GOING FOR TEMPERATURES THIS WEEK ABOVE NORMAL IN ALL THE WESTERN PARTS OF THE COUNTRY CENTRAL PLAINS INTO PARTS OF THE SOUTHEAST. CENTRAL MISSISSIPPI VALLEY BELOW NORMAL NORTHERN AND EASTERN GREAT LAKES IN SOUTH TEXAS PRECIPITATION THIS WEEK. I JUST DON'T SEE A LOT OF BIG STORMS SO NEAR NORMAL A COUPLE OF STORM PASS FROM THE NORTHWEST INTO THE NORTHEAST BELOW NORMAL MUCH OF CANADA AND MUCH OF THE SOUTHERN HALF OF THE COUNTRY 30 TO OUTLOOK FOR TEMPERATURES. EASTERN NORTHERN GREAT LAKES FAR NORTHERN PLAINS BELOW NORMAL ABOVE NORMAL CENTRAL PLAINS. MOST OF THE WEST AND PRECIPITATION OVER THE NEXT 30 DAYS I HAVE AN ABOVE NORMAL AREA LOUISIANA EASTERN TEXAS ON UP INTO EASTERN IOWA AND NORTHERN ILLINOIS AND ALSO SOUTH FLORIDA BELOW NORMAL IN MOST OF THE WEST. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME LOCAL FORECASTS HEADING TO PROVO UTAH. FIRST OF ALL LOTS OF SUNSHINE AND PLEASANT HIGH OF 82 DEGREES ST. CLOUD MINNESOTA PARTLY SUNNY VERY NICE HIGH OF 71 AND CHARLESTON WEST VIRGINIA MOSTLY CLOUDY WITH A LITTLE BIT OF SUNSHINE HIGHER AROUND 71

TEASE
AND LATER, IF YOU NEED BABY FORMULA FOR A HIPPO WHERE DOES IT COME  FROM?? WE'LL SHOW YOU ON IN THE  COUNTRY. <STAY TUNED FOLKS. COMING UP WE'LL TALK ABOUT STRONG BUYER DEMAND ON SMALL HORSEPOWER  TRACTORS.> 

MACHINERY PETE
MACHINERY PETE TRACKING PRICES AS HE OFTEN DOES.THIS MORNING HIS FOCUS IS ON SMALLER-- UNDER 100 HORSEPOWER TRACTORS.GREG. <WELL NO QUESTION FOLKS THE HOTTEST PART OF THE USED TRACTOR MARKET HERE 2018 HAS BEEN  SMALLER HORSEPOWER. NOW FOR A 30000 FOOT VIEW ON THIS. HERE'S A LOOK AT MY MACHINEY PETE USED VALUES INDEX FIRST QUARTER REPORT ON UNDER 100 HORSE TRACTORS AND YOU CAN SEE MY ONE  TO TEN RATING SCALE. WE'RE AT A RATING OF EIGHT POINT FOUR WHICH IS MUCH HIGHER THAN WE'RE  SEEING WITH HIGHER HORSE TRACTORS MORE IN THE SIX AND A HALF TO HIGH 6 RANGE. NOW TO GET SOME SPECIFIC EXAMPLES OF HERE'S A PAIR OF TRACTORS THAT SOLD RECENTLY AT AUCTION. THIS IS A  PICTURE OF A 2014 NEW HOLLAND T4.95 TRACTORS 98 HORSEPOWER SOLD WITH A LOADER 110 HOURS  ON IT ON MARCH 14TH A CONSIGNMENT AUCTION IN WEST CENTRAL ILLINOIS WENT FOR FORTY NINE THOUSAND DOLLARS. AND THAT'S A REALLY STRONG HARD CASH AUCTION PRICE ON A WHOLESALE AUCTION.  NOW EXACTLY TWO WEEKS LATER MARCH 28 ANOTHER WHOLESALE AUCTION THIS ONE IN NORTHEAST  COLORADO IS 2013. JOHN YOU'RE 3320 WAS UP FOR SALE 32 HORSE SO MUCH SMALLER HAD A 122 HOUR SOLD WITH A LOADER AND A MOWER DECK WENT FOR TWENTY FIVE THOUSAND DOLLARS. AND THAT'S  THE HIGHEST AUCTION PRICE I'VE EVER SEEN. JOHN DEERE 3320 SOLD WITH A LOADER. NOW WE'RE ALSO  SEEING A BIG BULB IN SEARCH TRAFFIC. IN FACT IF YOU GET UNDER 40 HORSEPOWER AND MACHINERY PETE DOT COM IN THE FIRST QUARTER WE SAW A 47 PERCENT INCREASE IN THE NUMBER OF SEARCHES> THANKS GREG. 

TEASE
WHEN WE COME BACK, A MILKING PARLOR THAT'S LESS HOLSTEIN AND MORE  ARDVARKE NEXT. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. TRACTORS, HAY TOOLS, UTILILTY VEHICLES, MOWERS AND  MORE. VISIT KUBOTA.COM TODAY. ON AGDAY WE SPEND A LOT OF TIME TALKING ABOUT MILK...BUT ITS GENERALLY  OF THE BOVINE VARIETY. AT THE CINCINNATI ZOO EVERY WEEK STAFFERS DRAW MILK SAMPLES FROM AN  AARDVARK WHO GAVE BIRTH TO A HEALTHY NEWBORN IN DECEMBER.  ITS PART OF A PROGRAM TO HELP ENSURE HEALTHY BABIES ACROSS THE  COUNTRY. JOHN MINCHILLO REPORTS. THIS 3-MONTH-OLD MALE NAMED WINSOL IS THE FIRST HEALTHY AARDVARK  BORN AT THE CINCINNATI ZOO & BOTANICAL GARDENS IN MORE THAN 25 YEARS. THE MILK  FROM HIS MOTHER ALI – COULD HELP OTHER BABY AARDVARKS. SOUNDBITE: (ENGLISH) MIKE DULANEY, CURATOR OF MAMMALS AT THE CINCINNATI ZOO "WELL, EVERY FRIDAY NOW WE COLLECT AARDVARK MILK FOR THE NATIONAL MILK REPOSITORY AT THE SMITHSONIAN INSTITUTE IN WASHINGTON, D.C. AND THIS ALLOWS US TO DETERMINE THE BASIS OF THE  MILK, WHAT'S IN IT." THE SMITHSONIAN COLLECTS EXOTIC ANIMAL MILK SAMPLES FROM ZOOS  ACROSS THE COUNTRY. SCIENTISTS SAY IT'S IMPORTANT TO KNOW THE CHANGING COMPOSITION OF THE  MILK BECAUSE SOME NEWBORNS HAVE TO BE HAND-REARED IF THEY ARE  REJECTED  BY OR UNABLE TO FEED FROM ITS MOTHER. SOUNDBITE (ENGLISH) MICHAEL POWER, SMITHSONIAN CONSERVATION BIOLOGY INSTITUTE "THEREFORE WE WANT TO HAVE A MILK REPLACER, NOT AS GOOD AS MOTHER'S MILK BUT SOMETHING AS  GOOD AS WE CAN GET AT LEAST NUTRITIONALLY AS CLOSE TO THEIR MOTHER'S MILK AS WE CAN GET." THAT'S WHAT HAPPENED IN THE CASE OF BABY FIONA – WHO BECAME AN  INTERNET SENSATION AFTER SHE WAS BORN PREMATURALY AT THE CINCINATTI ZOO. THE NILE HIPPO WAS TOO SMALL TO STAND ON HER FEET AND NURSE FROM HER  MOTHER. (ENGLISH) MICHAEL POWER, SMITHSONIAN CONSERVATION BIOLOGY INSTITUTE "THEY SENT THE MILK TO US SO THAT WE COULD ANALYZE IT, SO THAT WE COULD SEND THAT INFORMATION  BACK TO THEIR NUTRITIONIST, SO THAT THEIR NUTRITION STAFF AND KEEPERS STAFF COULD COME UP WITH A  FORMULA THAT WAS AS CLOSE AS POSSIBLE TO BE ABLE TO FIT MOTHERS MILK FOR FIONA." NOW ANOTHER ZOO RESIDENT IS PAYING IT FORWARD.... FOR THE NEXT BABY IN  NEED. JOHN MINCHILLO, ASSOCIATED PRESS, CINCINNATI 

CLOSE
THANKS JOHN. THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.

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