AgDay Daily Recap - November 17, 2017

November 17, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
NOVEMBER 17, 2017


HEADLINES
"THANK YOU VERY MUCH, EVERYBODY. THANK YOU. THE TAX IS GOING REALLY WELL. THANK YOU VERY  MUCH." TAX REFORM PASSES THE HOUSE-- WHAT DOES IT MEAN FOR AGRICULTURE. IN AGRIBUSINESS...PROTEIN PRODUCTION. KEN FERRIE TALKS HYBRID RECORD KEEPING. AND HIGH TECH TOOLS ARE FINDING THEIR WAY DOWN AMERICA'S DIRT ROADS. AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

HOUSE PASSES TAX PLAN
GOOD MORNING I'M CLINTON GRIFFITHS. ATTENTION TURNS TO THE SENATE NOW  THAT THE HOUSE OF REPRESENTATIVES PASSED A MASSIVE TAX OVERHAUL. PRESIDENT TRUMP MADE HIS WAY TO CAPITOL HILL THURSDAY TO ENCOURAGE  HOUSE REPUBLICANS TO PUSH-THROUGH-THE- CHAMBER THIS ONE-AND A HALF  TRILLION TAX PACKAGE. IN THE END THE VOTE WAS TWO-27 IN FAVOR AND TWO HUNDRED-FIVE AGAINST. GOP CLAIMING A MAJOR LEGISLATIVE VICTORY, MAKING THE PRESIDENT'S TAX PLAN ONE STEP CLOSER TO REALITY.   THE BILL SLASHES CORORATE AND INDIVIDUAL TAX RATES.  BUT WHAT WOULD THE NEW TAX CODE MEAN FOR AGRICULTURE?  TYNE MORGAN REPORTS.  AS BOTH THE HOUSE AND SENATE VERSIONS OF TAX REFORM TRY TO SURVIVE  THE BUDGET HATCHET IN WASHINGTON, THERE ARE MIXED REACTIONS FROM  THE FIELD ON WHETHER THE PROPOSALS ARE GOOD FOR AG.  WHAT WE'RE REALLY SEEING IS ON THE SENATE SIDE THEY HAVE A DEDUCTION. AND FOR MOST FARMERS THEY'RE GOING TO SEE A REDUCTION IN THEIR TAX BILL OF MAYBE FOR THEIR FARM INCOME  OF 10 TO 20 PERCENT SOMEWHERE IN THERE. OVER ON THE HOUSE SIDE THE LOWER INCOME FARMERS  AND THE HIGHER INCOME FARMERS WILL SEE A REDUCTION. THE ONES THAT ARE IN THE MIDDLE THAT  $100,000 TO $200,000 RANGE THEY'RE ACTUALLY GOING TO SEE THEIR TAX BILL POTENTIALLY GO UP  ALMOST 10 PERCENT. SO THERE'S GOING TO BE WINNERS AND LOSERS ANYTIME YOU'RE DEALING WITH  LEGISLATION LIKE THIS. NEIFFER SAYS OVERALL, IT'S A FAIRLY GOOD BILL FOR AG, INCLUDING POSSIBEL  CHANGES TO THE CURRENT ESTATE TAX.  I THINK IT'S PRETTY GOOD FOR AG. I MEAN ONE OF THE KEY AREAS IS CERTAINLY IN THE  ESTATE AND GIVE TAX AREA FOR SURE WE'RE SEEING A DOUBLE IN THE EXEMPTION FROM THE CURRENT  5.6 MILLION NEXT YEAR TO 11.2 MILLION. SO FOR A MARRIED FARM COUPLE THAT TAKING ADVANTAGE OF  SOME ENTITY PLANNING AND SO ON. THAT'S THE SENATE VERSION. BUT THE HOUSE AND SENATE DIFFER. THE HOUSE  VERSION OF THE BILL CALLS FOR ELIMINATING THE TAX ENTIRELY BY 2024. SOME  IN WASHINGTON DOUBT THE HOUSE'S PROPOSAL WILL SURVIVE  MARKUP.  WELL THAT'S A GOOD QUESTION. I MEAN I GUESS IF I WAS A BETTING PERSON I'D BET IT'S  MORE LIKELY THAT IT GETS DOUBLED RATHER THAN IT GETS REPEALED JUST FROM THE PERSPECTIVE OF WHAT  IS THE COST.  NEIFFER SAYS NO MATTER WHAT VERSION OF THE ESTATE TAX IS PASSED, IT  PROBABLY WON'T BE PERMANENT.  SO I WOULD SAY AND YOU KNOW IF WE GET A CHANGE IN THE WHITE HOUSE, A  CHANGE IN CONGRESS IT MAY NOT EVEN LAST 10 YEARS SO IF THIS GOES THROUGH I WOULD CERTAINLY  RECOMMEND THE FARMERS IN THAT HIGHER BRACKET MAKE SOME GIFTS, YOU KNOW GET RID OF THOSE  ASSETS AS QUICK AS YOU CAN. 2:03 NEIFFER SUGGESTS FARMERS  ALSO WATCH  POSSIBLE CHANGES TO BONUS  DEPRECIATION.  ONE OF THE PROPOSALS IN THE HOUSE IS THE BONUS DEPRECIATION IS GOING TO RAMP  UP TO 100 PERCENT FOR NEW AND USED EQUIPMENT. NOW A BONUS IS USUALLY ON NEW ONLY. BUT IF  IT'S USED EQUIPMENT AND YOU CAN FIND GOOD EQUIPMENT AT A GOOD PRICE AND IT'S FOR ANYTHING  PURCHASED AFTER SEPTEMBER 27TH OF THIS YEAR IF IT GOES THAT MEANS THEY'RE GETTING A HEALTHY  DEDUCTION THIS YEAR AT HIGHER TAX RATES. AG BANKER ALAN HOSKINS SAYS THESE POTENTIAL CHANGES AREN'T  SOMETHING THAT SHOULD BE IGNORED.  PARTICULARLY THOUGH I WOULD FOCUS ON THE DISCUSSIONS WITH YOUR BANKER AND  WITH THE POTENTIAL THAT WE'RE SEEING IN TAX LAW CHANGE. HAVE THAT DISCUSSION WITH YOUR  ACCOUNTANT UNDERSTAND HOW THOSE POTENTIAL CHANGES MAY AFFECT YOU AND GET GOOD SOLID  ADVICE AND START IT NOW. DON'T WAIT UNTIL TRADITIONALLY WHAT WE'VE SEEN IN THE PAST TWO WEEKS  BEFORE YEAR END TAX PLANNING STARTS. WHILE IT COULD STILL BE A LONG ROAD TO GET TAX REFORM PASSED, SOME IN  WASHINGTON CONFIDENT IT WILL HAPPEN THIS YEAR.  SO WE KNOW THE HOUSE AND SENATE ARE LIKELY TO PASS VERY DIFFERENT BILLS THAT  WILL REQUIRE CONFERENCING. I THINK WE REALLY HAVE ARE NOT OUT FOR US TO GET THIS DONE BY THE END  OF THE YEAR. BUT I THINK IT'S STILL HAS A GOOD CHANCE.  REPORTING FOR AGDAY, I'M TYNE MORGAN  THANKS, TYNE.

RURAL MAINSTREET INDEX
DESPITE THE HOUSE PASSING ITS PLAN, THE MASSIVE OVERHAUL STILL FACES  SOME OBSTACLES. THE SENATE CONDUCTED ITS MARK-UP OF THEIR VERSION THURSDAY. IT  CONTAINS MAJOR DISCREPENCIES FROM THE HOUSE VERSION. AND THAT'S  SOMETHING THAT WILL STILL NEED TO BE WORKED THROUGH.  IF YOU PLAN A VISIT TO YOUR FARM BANKER TO SECURE A LOAN, YOU BETTER  MAKE SURE YOU HAVE PLENTY OF COLLATERAL IN PLACE. THE JUST RELEASED RURAL MAINSTREET INDEX SHOWS A GROWING NUMBER - 53-PERCENT - OF BANKERS ARE BOOSTING FARM LOAN COLLATERAL  REQUIREMENTS. FURTHER, THE SURVEY FROM CREIGHTON UNIVERSITY SHOWS A QUARTER OF  THE BANKERS INCREASED FARM LOAN REJECTION RATES. THE OVERALL INDEX SLIPPED FROM LAST MONTH AND REMAINS BELOW GROWTH  NEUTRAL. THE R-M-I HAS ONLY POSTED ABOVE "GROWTH NEUTRAL" THREE TIMES IN THE  PAST 36 MONTHS. "THE PRODUCERS THAT ARE FAIRING THE BEST ARE THE ONES THAT ARE DOING A GOOD JOB IN  UNDERSTANDING THEIR BREAK EVENS AND THEY'RE THE ONES THAT ARE LOOKING EVEN IN THESE TIMES  WHERE THE RENT IS STILL HIGHER THAN IT SHOULD BE. THEY'RE LOOKING AT REALISTICALLY IS IT TIME TO NOT FARM SOME LAND BECAUSE IT'S NOT CONTRIBUTING TO THE WELLBEING OF THE OPERATION. IT'S SERVING AS  A DRAIN ON CASH." CREIGHTON'S SURVEY SHOWS THEIR FARMLAND PRICE INDEX FELL BELOW  GROWTH NEUTRAL FOR THE 48TH STRAIGHT MONTH.

AG EXPORT NUMBERS
NEW DATA FROM THE AG DEPARTMENT SHOWING EXPORTS OF U-S  AGRICULTURAL PRODUCTS PUSHED HIGHER FROM LAST YEAR. AG SECRETARY SONNY PERDUE SAYS IT TOPPED 140 BILLION DOLLARS - THE  THIRD HIGHEST LEVEL ON RECORD. UNLIKE THE REST OF THE U-S EXPORTS, AG SHIPMENTS ARE ACTUALLY IN A  TRADE SURPLUS. PERDUE SAYS THEY'RE UP 30-PERCENT FROM LAST YEAR. CHINA SURPASSING CANADA AS THE NUMBER ONE EXPORT CUSTOMER FOR THE  U-S.  IT TOK IN SHIPMENTS WORTH 22 BILLION DOLLARS.

CROP COMMENTS
MIKE HOFFMAN JOINING US AGAIN THIS MORNING FOR TODAY'S CROP  COMMENTS. HEY THERE MIKE. GOOD MORNING CLINTON. CORN HARVEST IS PRETTY MUCH WRAPPED UP IN WESTERN KANSAS. THE GARDEN CITY CO-OP SHARED THIS PHOTO WITH US ON TWITTER. THEY SHOT A PICTURE OF EMPLOYEES PULLING THE TARP OVER THE PILE. THE CO-OP SAYS IT'S A RECORD CORN HARVEST WITH 13 POINT 6 MILLION  BUSHELS THANKS TO AN INCREASE OF 95-THOUSAND ACRES IN THAT PART OF  THE COUNTRY. THEY SAY THERE'S STILL A LOT OF MILO LEFT IN THE FIELDS WITH AVERAGE AT  ABOUT 100 BUSHELS TO THE ACRE. AND BEN DWIRE SHARED THIS PHOTO AS TWITTER AS WELL. HE'S NEAR ARCO MINNESOTA NO-TILLING HIS COVER COVER CROPS WHILE  CATTLE GRAZE ON HARVESTED CORN STALKS NEAR BY. NASS SAYS ROUGHY 80 PERCENT OF THE MINNESOTA CORN CROP IS  HARVESTED. BEN SAYS THEY SHOULD BE DONE IN ABOUT A WEEK. 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
WE'LL TAKE STOCK OF PROTEIN PRODUCTION INCLUDING BEEF, PORK AND  POULTRY COMING UP IN ANALYSIS. AND LATER, THE RISE OF THE ROBOTS--HEADED FOR A FARM NEAR YOU.

FLOOR OF THE CME
IN AGRIBUSINESS STOCKS WERE CLIMBING WHILE COMMODITIES FALL DURING  THE TRADING SESSION THURSDAY.LETS SEE HOW THINGS CLOSED FROM THE FLOOR OF THE CME. SOYBEANS TRADED BOTH SIDES OF UNCHANGED HERE ON THURSDAY. GENERALLY WEAKER TONE REALLY SINCE LAST WEEK'S USDA REPORT LAST WEEK THE USDA TOLD US THAT THE YIELD NUMBER WAS UNCHANGED VERSUS THE PREVIOUS MONTH. A LOT OF TRADERS HAD EXPECTED THE DECLINE. SO BECAUSE OF THE HIGHER THAN EXPECTED NUMBER THE BEAN MARKET'S BEEN UNDER A LITTLE BIT OF PRESSURE HERE. SOUTH AMERICAN WEATHER AND PRODUCTION AND PRODUCTION PROSPECTS WILL HAVE A LOT TO DO WITH WHAT HAPPENS IN THE MARKET HERE AND WILL DRIVE EXPORT DEMAND ONE WAY OR THE OTHER I THINK BRAZIL LOOKS PRETTY GOOD HERE FOR THE MOMENT THEY CAUGHT SOME SOME VERY SOLID RAINFALL HERE OVER THE LAST SEVEN DAYS. SOME AREAS OF ARGENTINA HAVE BEEN DRY MAYBE SOME CONCERNS THERE BUT NOT ENOUGH YET TO RALLY THE MARKET. THE LIVE CATTLE MARKET WAS MOSTLY LOWER HERE ON THURSDAY AND HAS GENERALLY TRENDED LOWER SINCE TOPPING OUT EARLIER THIS MONTH. YOU KNOW THE CASH MARKET HAS BEEN A LITTLE BIT SOFTER HERE I THINK WE'VE SEEN SHORT TERM TOPS IN THE CASH CATTLE MARKET. AND ALSO IN THE BOX BEEF MARKET WE SAW CASH CATTLE TRADE UP I THINK AS HIGH AS 125 AT ONE POINT HERE DURING THE LAST COUPLE OF WEEKS. WE'VE NOW REVERTED BACK TO THAT ONE 19 120 LEVEL. THE BOX BEEF MARKET AFTER A NICE RUN UP INTO THE TWO 10 TO 20 RANGE AND CHOICE BOXES HAS REVERTED BACK A LITTLE BIT LOWER. SO I THINK WE FOUND SOME SHORT TERM TOPS IN BOTH THOSE MARKETS. AGAIN JOE VACKLAVIK FROM CME GROUP HERE IN CHICAGO. ​

AGRIBUSINESS
CHEAP GRAIN HAS BEEN GOOD FOR THE LIVESTOCK INDUSTRY AND IT SHOWS IN  OUR PROTEIN PRODUCTION. TYNE MORGAN HAS MORE FROM THE ROAD.  HERE NOW IS SCOTT BROWN OF THE UNIVERSITY OF MISSOURI SCOTT LET'S LOOK AT THE WHOLE LIVESTOCK  PICTURE WHEN WE'VE BEEN TALKING ABOUT IT ON THE SHOW A PROTEIN OVERLOAD. WHEN YOU LOOK AT  HOGS WHEN YOU LOOK AT CATTLE WHEN YOU LOOK AT POULTRY BUT AT THE SAME TIME THE BEEN PRETTY  GOOD. ABSOLUTELY DEMAND'S BEEN GOOD. IF YOU LOOK BACK AT MY OWN FORECAST FOR 2017 AND I  WOULD HAVE BEEN MUCH MORE PESSIMISTIC ABOUT WHERE PRICES FOR CATTLE HOGS CHICKENS WOULD  HAVE BEEN. YET THEY'VE REALLY BEEN MUCH STRONGER THAN I WOULD HAVE ANTICIPATED AND THAT'S  VERY MUCH DRIVEN BY WHAT'S BEEN A VERY NICE DEMAND SITUATION. BUT DO YOU THINK THAT THIS  CAN CONTINUE. WELL SO RIGHT NOW I DON'T THINK WE'VE SEEN ANY REAL SIGNS OF DECLINE. BUT I  REMIND PRODUCERS ALL THE TIME THAT WHEN YOU LOOK AT 2017 THE FIRST YEAR IN SEVERAL WHERE WE  SAW A SITUATION WHERE BOTH CONSUMPTION IS GOING TO HAVE INCREASED AS WELL AS PRICES IT  DOESN'T OCCUR VERY OFTEN THAT ONLY WAS STRONGER DEMAND. AND WE HAVE NEVER SEEN BACK TO  BACK YEARS OF THAT OCCUR. SO I WORRY GOING INTO 2018 THAT THERE'S A LITTLE MORE WEAKNESS  COMING BECAUSE AT THE SAME TIME IT IT'S LIKE IT IS GROWING IS IT SLOWING DOWN. SO WE ARE  STARTING TO SEE A LITTLE BIT ON THE BEEF SIDE NOTHING IT TAKES TIME BEFORE WE'RE GOING TO GET  THERE AND I'M I'M THINKING 20 19 AND BEYOND BUT MORE HEIFER'S IN THE FEED YARD INCREASE IN  BEEF COW SLAUGHTER. I THINK THAT'S ALL HELPFUL TO SLOW DOWN THE BEEF SIDE BUT PORK IS GOING TO  CONTINUE TO EXPAND IN 20 TO 18. HOW MUCH MORE DO YOU THINK DOMESTIC DEMAND CAN ACTUALLY  GROW. WE SEEM TO BE IN A VERY DIFFERENT SITUATION. AND WE'VE SEEN A LONGER LONGER GROWTH BUT  OFTENTIMES WE SEE THAT DEMAND SIDE TAKE A BREATH AT SOME POINT. NOW PERHAPS THE  INTERNATIONAL SIDE BAILS US OUT AS WE LOOK AHEAD IN 2015 AS WELL. BUT IF THIS DOLLAR CONTINUES  TO CLIMB. WILL THAT WEIGH ON. COULD THAT WEIGH ON EXPORTS OR IT HASN'T REALLY YOU KNOW OVER WE  LOOK LAST YEAR AND SOME STRONG U.S. DOLLAR INDEX VALUES. YEAH IT REALLY DIDN'T IMPACT EXPORTS THAT MUCH. YEAH. SO I WILL SAY YOU KNOW WE ARE SEEING A LITTLE BIT OF SLOWDOWN ALREADY  ESPECIALLY ON THE PORK SIDE AND WE REALLY NEED STRONG EXPORTS NOW I REMIND US ALL THE TIME  LET'S MAKE SURE WE DON'T LOSE IN THE EXPORT MARKETS RIGHT NOW AND THE SUPPLY SITUATION WE'RE  IN. YOU HAPPENED EXACTLY AT A TIME WHERE WE'RE TRYING TO NEGOTIATE SOME OF THOSE DEALS. ALL  RIGHT. THANK YOU SO MUCH FOR JOINING US. WE'LL TAKE A QUICK BREAK AND THEN WE'LL BE BACK WITH  MORE ACTING.

WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY KAWASAKI AND THE NEW MULE PRO-FXR™ SIDE X  SIDE. RIDE LIKE A BOSS WITH HIGH-END STYLING AND RUGGED CAPABILITY. WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN MIKE AS WE LOOK AT THIS  WEATHER MAP IT LOOKS LIKE YOU KNOW LATER THIS WEEK THIS STORM REALLY GOING TO WORK ITS WAY  ACROSS COUNTRY AND IT'S GOING TO PUT DOWN A LOT OF MOISTURE FOR FOLKS THAT MAYBE STILL TRYING TO  GET THAT LAST BIT OF HARVEST IN ESPECIALLY ACROSS THE CENTRAL AND NORTHERN PLAINS. IN THE  MEANTIME THOUGH THERE'S NOT A LOT OF MOISTURE IN THE PLAINS STATES AS YOU CAN SEE THERE'S THIS  GOLF MOISTURE COMING NORTHWARD TO THE WEST OF THE HIGH PRESSURE SYSTEMS BUT IT'S GOING TO  TAKE A WHILE TO MOISTEN UP TO WHERE WE ACTUALLY START GETTING A LOT OF RAIN WITH IT BECAUSE RIGHT  NOW HIGH PRESSURE DOMINATING THE GREAT LAKES AND THE SOUTHEAST STILL SOME LINGERING SNOW  IN NEW ENGLAND FROM THE PREVIOUS STORM SYSTEM. BUT IN THE MAPS INTO MOTION AS WE HEAD  THROUGH LATER TODAY WE'LL START TO SEE RAIN AND SNOW BREAK OUT IN THE WESTERN GREAT LAKES  AND IN SOME RAIN SHOWERS DOWN ALONG THE FRONT TOWARD THE AREA OF LOW PRESSURE BUT STILL NOT  A LOT FARTHER TO THE SOUTH. LINGERING SNOW ACROSS THE INNER MOUNTAIN REGIONS OF THE ROCKIES  BUT THAT WILL BE FALLING APART AS WE HEAD THROUGH TONIGHT. NOW TONIGHT WIDESPREAD RAIN  SOUTHERN GREAT LAKES NORTHERN PORTIONS OF THE OHIO RIVER VALLEY. BUT YOU CAN SEE HOW VERY  LITTLE MOISTURE GETS CAUGHT UP ALONG THIS FRONT THROUGH THE SOUTHERN PLAINS AND THE SOUTHERN  MISSISSIPPI VALLEY AT LEAST THROUGH THE MORNING HOURS TOMORROW. THEN AS WE HEAD THROUGH  TOMORROW THE FIRST AND THE WEEKEND YOU CAN SEE THE SHOWERS AND EVEN SOME THUNDERSTORMS  START TO DEVELOP FROM WEST VIRGINIA ALL THE WAY DOWN TO LOUISIANA. LOTS OF RAIN AND SNOW  FARTHER NORTH WITH THAT AREA OF LOW PRESSURE BUT BEHIND IT HUGE DOME OF HIGH PRESSURE COMING  INTO DOMINATE. THIS ONE'S FAIRLY COLD AIR TOO AS YOU'LL SEE ON THE TEMPERATURE MAPS. LET'S  CHECK OUT PRECIPITATION ESTIMATES OVER THE PAST 24 HOURS. YOU CAN SEE SOME STILL LINGERING IN  NEW ENGLAND. A LOT OF MOISTURE OUT WEST ADDING IN THE NEXT 36 HOURS YOU CAN SEE HOW ONCE  WE GET INTO THE PLAINS YOU HAVE THIS AREA OF DRYNESS WHERE THE GULF MOISTURE HASN'T GOTTEN  INVOLVED WITH THE SYSTEM AND IT'S REALLY JUST KIND OF LET THE MOISTURE BACK IN THE ROCKIES  COMING IN WITH THE STORM ITSELF. BUT PARTS OF THE OHIO VALLEY ESPECIALLY INDIANA OHIO INTO  WESTERN PENNSYLVANIA GOING END UP WITH ONE TO ONE AND A HALF INCHES OF RAIN. IT LOOKS LIKE AS  FAR AS SNOWFALL IS CONCERNED MOST OF IT'S IN CANADA OR IN THE HIGHER ELEVATIONS OUT WEST OVER  THE PAST 24 HOURS. ADDING IN THE NEXT 36 YOU CAN SEE HOW WE WILL ADD SOME THROUGH THE  NORTHERN GREAT LAKES AND EVENTUALLY A LITTLE BIT NEW ENGLAND BUT MOST OF THIS SYSTEM REALLY  FOR THE LOWER 48 EAST OF THE CONTINENTAL DIVIDE IS IN THE FORM OF RAIN AS FAR AS TEMPERATURES  GO 70S AND 80S THIS AFTERNOON FROM KANSAS SOUTHWARD. BUT FARTHER NORTH WE'LL LOOK AT SOME  40S WHICH ISN'T TOO BAD FOR THIS TIME OF THE YEAR THROUGH THE NORTHERN PLAINS. LOWS TONIGHT STILL  GOING TO BE MILD FROM ST. LOUIS SOUTHWARD BUT TURNING A LOT COLDER ACROSS THE NORTHERN PLAINS  AND YOU'LL SEE STEADY TEMPERATURES TOMORROW IN THE UPPER 20S LOWER 30S IN THE FAR NORTHERN  PLAINS STILL 70S FARTHER SOUTH. HERE'S THE JET STREAM. YOU CAN SEE HOW WE TRY TO WARM THINGS  UP FOR A WHILE THEN WE GET THIS PRETTY GOOD PUSH OF COLD AIR WITH THE TROUGH COMING THROUGH  OVER THE WEEKEND. ANOTHER TROUGH SETTLES IN AS WE HEAD TOWARD THANKSGIVING DAY SO THE  EAST IS GOING TO BE FAIRLY COLD OVER THE NEXT WEEK. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S  TAKE A LOOK AT SOME LOCAL FORECASTS. WE HAD TO FRESNO CALIFORNIA FIRST OF ALL MAYBE A MORNING  SHOWER THEN SOME AFTERNOON SUNSHINE HIGH OF 63. FARGO NORTH DAKOTA. MORNING SNOW  TAPERING OFF TO FLURRIES WITH A HIGH OF 37 IN BOWLING GREEN KENTUCKY A MIXTURE OF SUNSHINE  AND CLOUDS THE AFTERNOON HIGH OF 60. 

TEASE
UP NEXT WE'LL TALK ABOUT HYBRID SELECTION AND PREPARING FOR A NEW  SEASON OF SEED. AND LATER, TECHNOLOGY IS ADVANCING AND IT'S HEADED FOR A FARM NEAR  YOU.

FARM JOURNAL COLLEGE TV
FARM JOURNAL COLLEGE TV - BROUGHT TO YOU BY INSTINCT AND N-SERVE.  MAXIMIZE EVERY  NITROGEN APPLICATION, SO YOUR CROPS DELIVER THE MAX IN RETURN.  LEARN MORE AT  MAXINMAXOUT.COM.  ON FARM JOURNAL COLLEGE TV, AS YOU BEGIN TO THINK ABOUT SEED FOR NEXT  SEASON, FARM JOURNAL FIELD AGRONOMIST KEN FERRY REMINDS YOU TO KEEP  A RECORD OF YOUR PLANTS FOR THE FUTURE. ONE OF THE FIRST THINGS WILL WE ENCOURAGE OUR CUSTOMERS TO BUILD THE YEARBOOK TAKE ON THEIR  PHONES OR IPADS OUT AND THEY'RE GOING TO TAKE PICTURES OF THIS PLANT SO THEY CAN RECOGNIZE  THE SEEDS THAT THEY'RE BUYING WITHIN IT THAT HELPS THEM STAY DIVERSIFIED IN THEIR GENETICS IT HELPS THEM ANSWER A LOT OF QUESTIONS WHEN THEY HEAR STORIES ABOUT WELL I CAN BUY THAT SAME HYBRID IN ANOTHER BAG FOR $50 CHEAPER. IT'S GOING TO HAVE TO MATCH UP CHARACTERISTIC WISE  TASSELS IS ONE OF THOSE SO WE'VE GOT A LOT OF DIFFERENT SHAPES. WE'VE GOT DIFFERENT COLORS SUCH  AS THIS PURPLING THAT YOU SEE IN HERE VERSUS THIS WHITE. THESE ARE DISTINCTIVE CHARACTERISTICS  THAT CAN HELP SEPARATE IT OUT. BUT IF YOU THINK YOU'RE BUYING A HYBRID THAT HAS THIS KIND OF  ATTACK SO HE SHOULD KNOW THAT. MEANING THAT SOMEBODY COULD TELL YOU THAT THIS TESL OVER  HERE THAT THIS PLANT IS THE SAME AS THIS ONE BUT IT'S $50 A BAG CHEAPER. WITH THIS MUCH  DIFFERENCE IN THE OVERALL TASSELL IT'S NOT THESE ARE TOTALLY DIFFERENT GENETICS. SO I'VE SEEN  PEOPLE GO OUT AND SERVICE COMPLAINT CALLS ON HYBRIDS THAT WEREN'T EVEN THERE BECAUSE THEY  DIDN'T KNOW THE HYBRIDS CHARACTERISTICS SO YOU SHOULD KNOW WHAT KIND OF TASSELL ARE YOU  THROWING OUT THERE. THEN IF YOU HAVE TWO TASSELS THAT ARE VERY SIMILAR AND THE LEAF STRUCTURE  SIMILAR IN THE EAR STRUCTURE SIMILAR AND EVERYTHING ELSE IS SIMILAR. THEN YOU CAN STILL SAY THAT  THEY'RE DIFFERENT. SAME GENETICS. THEY MIGHT BE DIFFERENT BUT THEY'RE PROBABLY GOT SOME AWFUL  CLOSE GENETICS WITHIN IT. BUT WHEN YOU SEE THE DIFFERENCES IN THE TASSELS AND YOU KNOW OF A  PLOT OF 20 HYBRIDS MIGHT HAVE EIGHT OR NINE DIFFERENT TASSELL TYPES AND IT HELPS YOU SEPARATE  OUT YOUR LOOK ALIKE HYBRIDS FROM THAT SCENARIO. SO WE STARTED THE TASSELL. THAT'S A QUICK WAY  TO ELIMINATE OR BY PROCESS OF ELIMINATION FIGURE OUT WHICH HYBRIDS ARE WORKING WITHIN THE FIELD  ITSELF.

TEASE
UP NEXT--WHEN MOVIES BECOME REALITY--THE TECHNOLOGY ADVANCEMENTS  QUIETLY COMING TO A FARM NEAR YOU.

IN THE COUNTRY
IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA.  LEARN MORE ABOUT  KUBOTA SSV SERIES SKID STEERS AT KUBOTA.COM. OR DEMO ONE AT YOUR  LOCAL KUBOTA DEALER TODAY.  I'VE ALWAYS THOUGHT MY GRANDPARENTS WERE POSSIBLY WITNESS TO THE  GREATEST TECHNOLOGICAL CHANGES IN HUMAN HISTORY. FROM HORSES TO CARS, FROM THE EARTH TO THE MOON--PAPER AND PEN TO HAND HELD COMPUTERS AND THE INTERNET--ITS AMAZING HOW FAR WE'VE  COME SINCE THE 1920'S. BUT HAVE YOU NOTICED THE MAJOR TECHNOLOGICAL JUMPS HAPPENING RIGHT  NOW... SELF DRIVING CARS AND EVEN AUTONOMOUS TRACTORS, JUST THIS WEEK, AN IOWA COMPANY SENT ME INFO ABOUT HOW THEY CAN MAKE  ANY FARM EQUIPMENT YOU OWN AUTONOMOUS. IN THE U-K AN ENTIRE FIELD WAS PLANTED AND HARVESTED WITH ROBOTS AND  SCOUTED BY DRONE. (HANDS FREE HECTARE) JOHN DEERE JUST BOUGHT A TECH COMPANY THAT BUILT A SPRAYER THAT ONLY  SPRAYS WEEDS AS IT CROSSES THE FIELD. WE HAVE ROBOTIC MILKERS, ROBOTIC FEED PUSHERS SOON STRAWBERRIES ARE LIKELY TO BE HARVESTED BY MACHINE, APPLES TOO  WE ALL WANTED HOVER BOARDS, JET PACKS AND FLYING CARS...AND WHILE THAT  HASN'T HAPPENED YET HOVER BIKES --- CAN YOU IMAGINE CHECKING FIELDS ON  THAT...AND FLYING TAXIS ARE NOW ON THE HORIZON--NASA IS EVEN GETTING  INVOLVED. BUT IT'S NOT JUST MACHINES WHAT ABOUT THE MASSIVE ADVANCEMENTS IN THE  BIOLOGICAL SCIENCES---IN JUST A LAST FEW WEEKS WE'VE SEEN HEAVILY  MUSCLED PIGS, ULTRA LEAN PIGS AND EVEN ANIMALS CAPABLE OF GROWING  HUMAN ORGANS. NEW GENE EDITING CRISPR TECHNOLOGY STANDS TO REVOLUTIONIZE WHAT'S  POSSIBLE IN PLANTS, ANIMALS AND HUMANS.(VIDEO OF CRISPR EDITING DNA) ON THE COMPUTER SIDE WHILE ARTIFICIAL INTELLIGENCE IS HELPING DOCTORS  AND BUSINESSES-- THE AG INDUSTRY AND ITS DATA MAY BE A MAJOR FOCUS. NEW ESTIMATES SAY THAT BY 2020, MORE THAN 75 MILLION AGRICULTURAL  CONNECTED DEVICES WILL BE IN USE. WITH THE AVERAGE FARM EXPECTED TO GENERATE MORE THAN 4 MILLION DATA  POINTS EVERY DAY BY 2050. COLLECTING IT AND USING THAT INFORMATION IS THE NEW FRONTIER. SO HOW DO PEOPLE PROCESS THIS INFORMATION--WELL, THERE IS EVEN A RACE  TO BUILD A COMPUTER THAT CAN READ AND INTERFACE WITH THE HUMAN  BRAIN...AND THEY'RE GETTING CLOSE. WHILE THERE ARE STILL KINKS TO WORK OUT AND THIS NEW HIGH TECH WORLD MAKES SOME PEOPLE NERVOUS (SHOW TERMINATOR) AND MAYBE ITS WARRANTED. (YOU'RE NOT WRONG WALTER) LIKE THE HORSES LEFT IN THE AUTOMOBILE'S DUST-- THESE CHANGES AREN'T  SLOWING DOWN. IT'S OUR JOB TO KEEP UP....JUST LIKE OUR GRANDPARENTS DID. THE FUTURE.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING.  WE'RE GLAD YOU TUNED IN.  FOR MIKE HOFFMAN, AND AL PELL. 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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