AgDay Daily Recap - November 20, 2017

November 20, 2017 02:57 AM
 
AgDay

TODAY ON AGDAY
NOVEMBER 20, 2017


HEADLINES
FARM EXPORTS AND CATTLE MARKETS...WHAT BEHIND RECENT SALE BARN  STRENGTH? IN AGRIBUSINESS..KICKING OFF THE HOLIDAY SEASON. MACHINERY PETE SAYS THERE ARE MORE EQUIPMENT AUCTIONS--WHAT DOES  THAT MEAN FOR PRICES. AND CHARITY ON CANVAS...PAINTING FOR OTHERS IN TENNESSEE . AGDAY - PRESENTED BY CHEVY SILVERADO. HIGH-STRENGTH STEEL FOR HIGH-STRENGTH DEPENDABILITY.

AG EXPORTS
GOOD MORNING I'M CLINTON GRIFFITHS. EVEN AS NAFTA TRADE NEGOTIATIONS CONTINUE USDA SAY AG EXPORTS  FINISHED THE 2017 FISCAL YEAR IN THE BLACK TOPPING 140 BILLION DOLLARS TO  THE THIRD HIGHEST LEVEL ON RECORD. MUCH OF THAT GROWTH COMING FROM SALES OF BULK COMMODITIES. EXPORTS SETTING A VOLUME RECORD OF NEARLY 160 MILLION METRIC TONS--UP  11 PERCENT ON THE YEAR. THOSE GAINS LED BY RECORD SOYBEAN EXPORTS OF 60 MILLION METRIC TONS. SHIPMENTS OF CORN WHEAT AND COTTON WERE ALSO HIGHER WITH THE VALUE  OF COTTON EXPORTS SURGING A STAGGERING 70 PERCENT. THE GRAIN SORGHUM INDUSTRY SAYS WITH FEWER ACRES STRONG EXPORTS  HAVE BEEN AN ISSUE. WELL WE'RE SHORT. FRANKLY WE'VE SEEN PROBABLY 30 40 CENT BASIS INCREASE ACROSS THE ENTIRE  SORGHUM BELT IN THE LAST THREE FOUR WEEKS. I THINK AT CORPUS CHRISTI AT THE GULF THIS WEEK  ABOUT 120 TO 123 PERCENT THE VALUE OF CORN INTERNATIONAL DEMAND CONTINUES TO BE VERY VERY  STRONG. THERE DEMAND DOMESTICALLY FROM OUR ETHANOL INDUSTRY AS THEY FOUGHT TO KEEP THOSE  BUSHELS FROM MOVING TO THE EXPORT MARKET HAS REALLY HELPED THAT COMPETITION AS WELL. USDA SAYS EXPORTS ARE RESPONSIBLE FOR 20 PERCENT OF U.S. FARM INCOME  AND SUPPORT MORE THAN ONE MILLION AMERICAN JOBS BOTH ON AND OFF THE FARM.  ON THE LIVESTOCK SIDE DAIRY, BEEF AND PORK EXPORTS WERE UP DOUBLE  DIGITS AS WELL.  BEEF SHIPMENTS LEADING THE WAY IN TERMS OF VALUE. UP 16 PERCENT TO $7.1 BILLION DOLLARS. DESPITE BUILDING NUMBERS IN THE NATION'S CATTLE HERD, CASH PRICES FOR  FED AND FEEDER CATTLE HAVE EXCEEDED EXPECTATIONS THIS FALL. LIVE AND  FEEDER CATTLE FUTURES PUSHING TO A NEW CONTRACT HIGH TO START  NOVEMBER, AND EVEN WITH THE RECENT PULLBACK, THE DEFERRED  CONTRACTS STILL LOOK POSITIVE GOING INTO 2018.  SOME ANALYSTS HAVE ATTRIBUTED THE RECENT STRENGTH TO THE EXTREMELY  LONG POSITION HELD BY THE FUNDS WHILE OTHERS SAYS IT'S THE RALLY IN THE  STOCK MARKET.  HOWEVER, AS MICHELLE ROOK REPORTS THERE ARE OTHER UNDERLYING  FACTORS.  THE CATTLE MARKET HAS BEEN SURPRISINGLY STRONG THIS FALL, ESPECIALLY FOR  CALVES. AND AFTER A TOUGH YEAR IN 2016 THAT'S LEAVING CATTLE PRODUCERS OPTIMISTIC ABOUT THE  FUTURE. IN FACT, COW CALF PRODUCERS SAY CALF PRICES HAVE BEEN RUNNING SUBSTANTIALLY HIGHER THAN LAST FALL.  CURT MEIDINGER, ZEELAND, ND CATTLE PRODUCER, "OH YOU HAVE CALF PRICES NOW THAT ARE  PROBABLY $20 TO $40 EVEN $50 A HUNDRED-WEIGHT HIGHER THAN LAST YEAR IN SOME OF THEM LIGHT  CATTLE SO IT'S A SIGNIFICANT JUMP."  MYRON WILLIAMS, WALL, SD CATTLE PRODUCER, "SURPRISING THESE CALVES ARE BRINGING $200 TO  $300 MORE A HEAD THIS YEAR THAN THEY DID LAST YEAR."  DRIVING THE HIGHER CALF AND YEARLING PRICES HAS BEEN STRONG DEMAND BY FEEDLOTS, WITH GOOD  PROFITS THE FIRST PART OF 2017.  CODY VOLLMER, PRESHO LIVESTOCK AUCTION, PRESHO, SD, "THERE WERE SOME INSTANCES OF $500  TO $600 HEAD PROFITS AND SOME OF YOUR STRICT HEDGERS WERE MAYBE DOWN IN THAT $200 TO  $250."  THE DEMAND HAS ALSO BEEN TIED TO STRONG PACKER MARGINS AND CHEAP FEED PRICES. STEVE HELLWIG, HUB CITY LIVESTOCK AUCTION, ABERDEEN, SD, "THE ONLY WAY TO REALLY TRY TO GET  3.00, 3.25 OR A HALF FOR THIS CORN IS GOING TO FEED IT AND THAT IN TURN HAS CREATED QUITE A BIT OF  DEMAND FOR THESE CALVES, ESPECIALLY THE HEAVY ONES."  IT ALSO HELPS THAT CATTLE PRODUCERS HAVE STAYED CURRENT.  KEITH EICHLER, ABERDEEN, SD CATTLE PRODUCER, "PLACEMENTS HAVE BEEN A LOT HIGHER AND I  UNDERSTAND THAT, BUT IF YOU LOOK AT NUMBERS FOR NUMBERS THE MARKETINGS HAVE BEEN VERY  CLOSE AND THAT'S VERY ENCOURAGING." THE BIGGEST SURPRISE THOUGH HAS BEEN THE STRENGTH OF  THE CATTLE MARKET IN THE FACE OF INCREASING HERD NUMBERS. AND THAT'S LIKELY THE FUNCTION OF  CONSUMER DEMAND. MIKE MAHER, ISABEL, SD CATTLE PRODUCER, "THE DEMAND HAS BEEN GREAT. AND OUR NUMBERS  ARE HIGHER ACCORDING TO THE REPORTS ARE HIGHER THAN THEY WERE A YEAR AGO AND TONNAGE IS UP,  BUT THE DEMAND THEY SEEM TO BE ABLE TO SELL THE PRODUCT."  MEIDINGER, "YOU KNOW I THINK DEMAND HAS HELD UP, OUR EXPORT MARKET HAS DEFINITELY HELPED  US A LOT."  SO, THAT'S LEAVING MANY IN THE INDUSTRY OPTIMISTIC ABOUT THE CATTLE MARKET AHEAD. HELLWIG:"I'M PRETTY POSITIVE. I HATE TO BE TOO BULLISH ON THINGS, BUT I KNOW LAST YEAR HOW THE  SPRING GOT. THAT DOESN'T MEAN IT'S GOING TO GET THAT GOOD AGAIN THIS SPRING, BUT IT SURE FEELS  GOOD."  MOST CATTLE PRODUCERS SAY THEY'D BE HAPPY WITH STEADY PRICES BECAUSE THAT WOULD PROVIDE A CHANCE FOR EVERYONE IN THE BEEF CHAIN TO MAKE A PROFIT. MAHER, "WE HAD A HIGH IN 14 AND YOU KNOW THAT WAS MAYBE UNREALISTIC, BUT WE SEEN THE LOW  LAST YEAR SO MAYBE IT WILL BOUNCE BACK SOMEWHERE IN BETWEEN WHERE EVERYONE CAN MAKE A FEW DOLLARS." IN SOUTH DAKOTA, I'M MICHELLE ROOK REPORTING FOR AGDAY. )

MONSANTO ARKANSAS BAN
MONSANTO ASKING AN ARKANSAS JUDGE TO HALT THE STATE'S PLAN TO BAN  DICAMBA.THE COMPANY ASKING A PULASKI COUNTY JUDGE FRIDAY TO STRIKE DOWN THE  DICAMBA BAN APPROVED EARLIER THIS MONTH BY THE STATE PLANT BOARD.  THE BOARD VOTED TO PROHIBIT THE USE OF THE WEED KILLER IN THE STATE  FROM APRIL 16 THROUGH OCT. 31. THE BAN IS EXPECTED TO GO BEFORE LAWMAKERS NEXT MONTH. THE COMPANY ADDED THE REQUEST TO A LAWSUIT IT FILED LAST MONTH  CHALLENGING A PREVIOUS BAN OF ITS DICAMBA PRODUCTS. 

CROP COMMENTS
LETS CHECK ON CONDITIONS AROUND THE COUNTRY. METEOROLOGIST MIKE HOFFMAN HAS MORE IN TODAY'S CROP COMMENTS. OUR FIRST CROP COMMENT COMES FROM SOUTHEAST SOUTH DAKOTA.  THIS FARMER SAYS HE'S TAKING SOME TIME TO WEAN CALVES AFTER A BUSY,  DELAYED HARVEST.  USDA SAYS 82 PERCENT OF CORN IS HARVESTED IN THE STATE, 8 POINTS BEHIND  THE 5 YEAR AVERAGE. ANOTHER REPORT WILL BE RELEASED THIS AFTERNOON.  OUR NEXT PICTURE COMES FROM MATT NELSON IN BURT COUNTY, NEBRASKA.  HE SAYS THE COWS ALWAYS ENJOY IT WHEN I LET THEM OUT IN THE CORN  STALKS. MATT SAYS THAT'S ONE MORE THING CHECKED OFF HIS LIST THIS FALL.  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
WHEN WE COME BACK, OUR ANALYSTS ARE IN THE HOUSE AND WE'LL GET YOU  READY FOR THE THANKSGIVING WEEK...FROM A MARKETS PERSPECTIVE. AS AN INCREASE IN THE NUMBER MACHINERY AUCTIONS BEGUN TO AFFECT USED VALUES STAY TUNED  AND WE'LL TALK ABOUT IT.AND IF YOU'RE LIKE ME, YOU ONLY PAINT WHEN ABSOLUTELY NECESSARY. LATER MEET SOME KIDS WHO ARE PAINTING WITH A PURPOSE!

TESLA SEMI
THE NEXT TIME YOU TAKE YOUR 18 WHEELER WITH A LOAD OF GRAIN TO THE  ELEVATOR, IMAGINE DRIVING THIS!! TESLA JUST UNVEILED ITS NEW ELECTRIC SEMITRACTOR TRAILER. CEO ELON MUSK SAYS THE TRUCK IS CAPABLE OF TRAVELING 500 MILES ON AN  ELECTRIC CHARGE WITH A FULL 80-THOUSAND-POUND LOAD. HE SAYS IT WILL COST LESS THAN A DIESEL SEMI WHEN YOU FACTOR IN FUEL  SAVINGS, AND LOWER MAINTENANCE. MUSK SAID CUSTOMERS CAN PUT DOWN A  FIVE THOUSAND DOLLAR DEPOSIT NOW AND PRODUCTION WILL BEGIN IN 2019.

AGRIBUSINESS
HERE AT THE AGRIBUSINESS DESK WE HAVE DAN HUEBER THE HUEBER REPORT AND JOE VACLAVIK  STANDARD GRAIN. ALL RIGHT GENTLEMEN WE'RE IN A HOLIDAY WEEK KIND OF OFFICIALLY KICKING OFF THE.  HOLIDAYS. DAN WHY DON'T YOU START BY WHAT DOES THIS MEAN FOR GRAIN MARKETS AS WE MOVE  THROUGH THE YOU KNOW THE LAST PART OF THIS YEAR. WELL AS UNLIKELY AS IT MAY SOUND THAT WE  COULD ACTUALLY BECOME QUIETER. THAT IS POSSIBLE I MEAN VOLUME GENERALLY TENDS TO DRIFT OFF  DURING THE HOLIDAYS BETWEEN CHRISTMAS AND OR BETWEEN THANKSGIVING AND CHRISTMAS. YOU  KNOW THAT SAID THERE'S AN OLD ADAGE THAT IF THE BEARS GET TURKEY FOR THANKSGIVING THE BALL IS  FOR CHRISTMAS SO I DO THINK THERE IS A REASONABLE PROBABILITY WE COULD SEE A NICE SHORT  COVERING RALLY BETWEEN NOW AND THE END OF THE YEAR IF NOTHING ELSE BECAUSE WE HAVE SUCH A  MASSIVE SHORT POSITION BY THE MANAGE MONEY THEY MIGHT WANT TO TAKE THAT MONEY OFF THE  TABLE AND AND DEVISE A NEW YEAR'S GIFT. WHAT DO YOU THINK. JOE SAME THING. I THINK MONEY  FLOW IS A BIG ISSUE AT YEARS AND I FEEL LIKE EVERY YEAR AND IN ONE MARKET OR ANOTHER WE SEE  SOME BIG MOVES JUST BECAUSE OF AN OVERLOADED FUND POSITION IN ONE MARKET OR THE OTHER. I  COULD SAY THAT IN THE GRAINS FOR INSTANCE THE FUNDS ARE OVERLOADED SHORT CORN AND SHORT  CHICAGO WHEAT MAYBE TO A LITTLE LESSER EXTENT. SO IT IS A SHORT COVERING RALLY GUARANTEED. NO.  BUT IT'S A POSSIBILITY YOU COULD CERTAINLY BETWEEN NOW AND YOURS AND I THINK REAL QUICK ON THE  LIVESTOCK SIDE WE EXPECT ANYTHING WITH THIS SEASONAL MEET DEMAND. WE KNOW INTO THE YEAR TO WELL YOU KNOW I THINK ANY ANY DEMAND THAT WOULD HAVE BEEN THERE HAS ALREADY BEEN  TAKING PLACE. I MEAN AS FAR AS IF SOMEBODY IS BUYING THERE THERE TEND TO WHINE FOR A  CHRISTMAS OF THAT THAT'S ALREADY HAPPENED THAT'S ALREADY GONE THROUGH THE WHOLE SALE. YOU  KNOW THAT SAID WE'VE HAD BOTH CATTLE AND HOGS AND A BIT OF A RETRACE NOTE OVER THE LAST FEW  WEEKS HERE AFTER A NICE RALLY. I THINK THAT SHOULD STABILIZE AND IDEALLY WE'RE TALKING ABOUT  BETTER EXPORTS AND MAYBE FINDING KIND OF TAKE STEPPING UP TO THE PLATE A LITTLE BIT MORE ON THE  BEEF BUT IT'S NOT A NEGATIVE OUTLOOK AT LEAST I GUESS YOU'D AGREE WITH THAT. YEAH OVERALL IT IS A  CATTLE MARKET ESPECIALLY WHEN WE'VE HAD A LITTLE SETBACK BUT I THINK THERE'S STILL A LOT OF KIND OF  FRIENDLY UNDERTONES MAYBE NEARBY. I KNOW THAT NUMBERS ARE GETTING BIGGER YEAR OVER YEAR  BUT IT SEEMS LIKE THE EXPORT DEMAND HAS HELPED MARKETS TRENDED HIGHER. THE THING I LIKE  ABOUT IT THE MOST MAYBE IS THAT THE FUNDS JUST CONTINUE TO HOLD THE BIG LONG POSITION AND THEY  KEEP ADDING TO IT AND THAT'S ALL IT TAKES SOMETIMES TO RUN A MARKET ONE WAY OR THE OTHER.  RIGHT. SO A LOT TO WATCH BETWEEN NOW AND THE END OF THE YEAR A LOT OF HOLIDAY LEFT TO  CELEBRATE. ABSOLUTELY. HAPPY THANKSGIVING TO BOTH OF YOU. SAME TO YOU THANKS. WE'LL BACK  BACK WITH MORE AGDAY IN JUST A MINUTE. 

WEATHER
WELCOME BACK TO AGDAY HERE WITH METEOROLOGIST MIKE HOFFMAN LOOKING AT RAINFALL OVER THE  LAST WEEK OR SO AND REALLY HAS NOTHING REALLY IMPRESSIVE HERE MIKE. NO THERE ISN'T. I KNOW  THAT YOU KNOW THIS PAST WEEKEND WE GOT A LOT IN THE GREAT LAKES BUT THAT'S NOT COUNTED IN  THIS MAP. THIS IS FROM A WEEK AGO SATURDAY THROUGH THIS PAST FRIDAY. BUT YOU CAN SEE FROM  THE SOUTHEAST THE SOUTHERN PLAINS FOUR CORNER REGION ALL THE WAY UP THROUGH MOST OF THE PLAIN  STATES JUST NOT A LOT OF MOISTURE THE HEAVIEST AMOUNTS ARE ACTUALLY OUT WEST. YOU CAN SEE  SOME OF THE POCKETS OF MOISTURE NEAR SALT LAKE CITY AND ALSO IN THE SIERRA NEVADA IS NOW A  LOT OF THIS IS AREAS THAT GOT THE SNOW AND IT MELTS DOWN TO THIS AMOUNT OF MOISTURE IS WHAT  WE'RE LOOKING AT. BUT BOY LOTS OF IT. PORTLAND SEATTLE AREA WESTERN PORTIONS OF WASHINGTON.  THAT'S WHERE THE MAJORITY OF THE RAIN HAS BEEN OVER THE PAST WEEK OR SO. DROUGHT MONITOR  THEN YOU CAN SEE WE CONTINUE TO GET A LITTLE WORSE. FROM ST. LOUIS NOW ALL THE WAY DOWN TO  LITTLE ROCK TO TEXARKANA AND THAT AREA IS SHOWING UP A SEVERE DROUGHT A PRETTY LARGE AREA.  BUT LET'S GO BACK A MONTH ACTUALLY WE'RE NOT GOING BACK A MONTH WE'RE GOING TO LOOK AT THE  JET STREAM AS WE HEAD THROUGH THIS COMING WEEK BECAUSE WE'RE TRYING TO LOOK AHEAD HERE.  LOTS OF ACTIVITY GOING ON. THIS IS THE STORM SYSTEM THAT CAME THROUGH THE GREAT LAKES AND  OHIO VALLEY OVER THE WEEKEND. IT'S NOW MOVING AWAY FROM THE NORTHEAST. SHOT OF COLD AIR  BEHIND IT BUT THEN IT GOES ZONAL AGAIN. SO THINGS START TO WARM UP AS WE HEAD THROUGH THE  MIDDLE OF THIS WEEK. ANOTHER TROUGH KIND OF DIGS IN FOR A WEDNESDAY THE DAY BEFORE  THANKSGIVING ANOTHER SHOT OF COLDER AIR COMING INTO THE NORTHERN PLAINS GREAT LAKES OHIO  VALLEY INTO THE NORTHEAST SO THAT MEANS FAIRLY MILD WEATHER OUT WEST. AND AS WE HEAD THROUGH THIS HOLIDAY WEEKEND YOU CAN SEE BY FRIDAY THE FIRST TROUGH KIND OF LETTING UP A LITTLE  BIT. ANOTHER TROUGH DIGGING IN AND SO BASICALLY WE'RE LOOKING AT A TROUGH IN THE EAST RIDGE OUT  WEST BUT LOTS OF CHANGES AS WE GO THROUGH TIME BUT THAT'S THE BASICS. WHICH MEANS COLD  EAST AND WARM WEST AND THAT'S WHAT I'M GOING FOR THIS COMING WEEK FROM EAST TEXAS ALL THE  WAY UP THROUGH THE MISSISSIPPI VALLEY AND TO THE EAST COAST BELOW NORMAL TEMPERATURES  EXPECTED NEAR NORMAL FOR THE MAIN PART OF FLORIDA AND NEAR NORMAL FOR NORTHEAST MAINE INTO  NORTHEASTERN CANADA ACTUALLY PARTS OF CANADA MIGHT BE ABOVE NORMAL THERE AS WELL. BUT  NORMAL OUT WEST ALL OF THE ROCKIES WESTWARD PRECIPITATION THIS WEEK. MOST OF THE COUNTRY  ONCE AGAIN BELOW NORMAL FLORIDA ABOVE NORMAL AND ALSO IN THE NORTHWESTERN PORTIONS OF THE  COUNTRY 30 DAY OUTLOOK FOR TEMPERATURES BELOW NORMAL FROM THE OHIO VALLEY THROUGH THE  GREAT LAKES MOST OF SOUTHERN CANADA AND ALONG THE CANADIAN BORDER ABOVE NORMAL FOR  CORNER REGION IN CALIFORNIA. THE OUTLOOK FOR PRECIPITATION THE GROWING REGIONS I'M GOING NEAR  NORMAL IN MOST OF THAT AREA BUT THE SOUTHEAST SOUTHERN PLAINS BELOW NORMAL AND ABOVE  NORMAL IN THE NORTHWEST. THAT'S A LOOK ACROSS THE COUNTRY. NOW LET'S TAKE A LOOK AT SOME  LOCAL FORECASTS. FIRST OF ALL FOR GLOBE ARIZONA LOTS OF SUNSHINE AND COMFORTABLE TODAY HIGH OF  71 DEGREES VANDALIA ILLINOIS PARTLY SUNNY AND A BIT MILDER HIGH OF 54 IN GREENFIELD  MASSACHUSETTS MOSTLY CLOUDY BREEZY AND CHILLY AFTERNOON HIGH OF 38.  THANKS MIKE.

TEASE
COMING UP THURSDAY WE HOPE YOU JOIN US FOR OUR ANNUAL SALUTE TO  AMERICA'S FARMERS, RANCHERS AND GROWERS. "HARVEST OF THANKS" AIRS ON THANKSGIVING MORNING. BETWEEN WILDFIRES, FLOODS AND HURRICANES, IT'S BEEN AN  EXTRAORDINARILY TOUGH YEAR ON AMERICANS.  DESPITE THE CHALLENGES, PRODUCERS SEEM TO PERSEVERE....AND TO GIVE  THANKS.  WE'LL SHARE SOME OF THOSE STORIES THURSDAY ON "HARVEST OF  THANKS". UP NEXT MACHINERY PETE SAYS AUCTION NUMBERS ARE RISING. WE'LL TELL YOU WHAT IT MEANS FOR EQUIPMENT PRICES...COMING UP.  AND YOU MAY NOT BE THE HANDIEST ARTIST WITH A BRUSH, BUT THERE'S MORE  TO THIS ARTWORK THAN JUST CREATIVITY. IT'S COMMUNITY. WE'LL EXPLAIN WHEN WE HEAD IN THE COUNTRY.

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!"  MACHINERY PETE IS SEEING A BIG INCREASE IN THE NUMBER OF MACHINERY  AUCTIONS AROUND THE COUNTRY AND SO FAR USED VALUES HAVE BEEN  HOLDING. BUT, PETE SAYS QUALITY IS KEY. WELL USED FARM MACHINERY VALUES FOUND FOOTING THE LAST TWO YEARS I GUESS YOU COULD SAY THE  MARKET IS KIND OF ON A SOFT BOTTOM AND YOU CAN SEE THAT REPRESENTED HERE IN OUR QUARTERLY  MACHINE REPEAT USE VALUES INDEX AND YOU CAN LOOK BACK TO THE END OF 2015 AND AGAIN SEE  THE USE VALUES BASICALLY A FLATLINE. YES THEY DID FALL QUITE A BIT BACK IN 13 14 15 BUT LAST TWO YEARS KIND OF LEVELED OFF. NOW ONE FACTOR I'M REALLY WATCHING CLOSELY GOING FORWARD TO SEE IF IT  WILL AFFECT US VALUES IS THIS BIG INCREASE WE'RE SEEING IN THE NUMBER OF MACHINERY AUCTIONS  COMING THROUGH THE END OF 2017 INTO 20 EARLY 2018. BUT THE LAST 18 MONTHS OR SO ONE TREND  THAT'S HELD TRUE DESPITE THIS INCREASE IS THAT IF A PIECE OF EQUIPMENT IS IN A REALLY GOOD  CONDITION THE BUYER DEMAND IS THERE AND WE SAW PROOF OF THAT ON A PAIR OF FARM AUCTIONS IN  CENTRAL ILLINOIS LAST THURSDAY. MIKE MASAKI AUCTION SERVICE HAD A SALE WHERE THIS 2010. JOHN  DEERE 8225R WITH 1075 HOURS ON IT WAS UP FOR SALE AND IT WENT FOR $124000 AND THAT IS THE  HIGHEST AUCTION PRICE I'VE SEEN IN 27 MONTHS. AN 80 TO 25 ARE NOW SAME DAY LAST THURSDAY.  SULLIVAN AUCTIONEERS HAD A SALE IN WEST CENTRAL ILLINOIS WHERE THIS REALLY SHARP NEW HOLLAND  8670 2 WHEEL DRIVE 3400 AND 25 HOURS ON IT. WON FOR $47000. AND THAT IS THE HIGHEST AUCTION  PRICE OF SEEN IN FORTY SIX MONTHS ON A TWO WHEEL DRIVE 8670. SO AGAIN BOTH TRACTOR SUPER  CLEAN NICE CONDITION STRONG PRICING. STILL TO COME - CRAFTSMEN WITH A CALLING! "I'M CHARLES DENNEY. GRAB A BRUSH AND A CANVAS. WE'RE PAINTING WITH A  PURPOSE. AN EVENT TO BENEFIT TENNESSEE 4-H. THAT STORY COMING UP ON  AGDAY."  AGDAY - BROUGHT TO YOU BY THE ENLIST WEED CONTROL SYSTEM.  MORE WEED CONTROL.  LESS  DRIFT AND VOLATILITY.  MAXIMUM YIELD POTENTIAL. 

IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA.  SEE THE HARDEST WORKING  TRACTORS IN AG AT KUBOTA.COM.  OR VISIT YOUR LOCAL KUBOTA DEALER  TODAY. A GREAT WAY TO EXPRESS YOUR ARTISTIC SIDE IS TO PUT PAINT TO A CANVAS – REGARDLESS OF YOUR SKILL LEVEL. RECENTLY SUPPORTERS OF TENNESSEE 4-H PICKED UP BRUSHES AND PAINTED  IN A FUND RAISER FOR THE STATE'S LARGEST YOUTH ORGANIZATION. CHARLES  DENNEY TAKES US TO THIS COLORFUL AND CHARITABLE EVENT.  MAYBE NOT FINE ART, BUT THIS SURE IS FUN ART. EVERY EASEL IS PACKED AT THIS KNOX COUNTY  LOCATION OF "PAINTING WITH A TWIST" WHERE AMATEUR ARTISTS WORK ON THE SAME THEME, BUT  ADDING THEIR OWN FLAIR. THE ASSIGNMENT -- TAKE RED, WHITE AND BLUE, FOLLOW THE INSTRUCTIONS,  AND CREATE A TENNESSEE STATE FLAG – LIKE A DECORATION ON THE SIDE OF A BARN. KANDACE ALSHIE IS A REGULAR, PAYING TO PAINT, AND SEEING THAT CASH HELP OTHERS. (KANDACE AILSHIE) "MAYBE HALF OF THE PAINTINGS WE'VE DONE HAVE BEEN FUND RAISERS, SO IT HAS  BEEN A REALLY GOOD EXPERIENCE, WAYS TO HELP OUT IN THE COMMUNITY, DIFFERENT EVENTS, IT'S BEEN  REALLY COOL." WHERE IS KANDACE'S DONATION GOING? HERE'S A HINT. SHE'S FORMER 4-HER, AND SO  ARE MANY OTHER PEOPLE HERE WITH BRUSH IN HAND. (CHARLES DENNEY) "EACH ARTIST PAID $35 TO BE HERE, AND 17.50 GOES TO 4-H. MONEY RAISED WILL  SEND KIDS TO 4-H CAMP AND ALSO BE USED FOR COLLEGE SCHOLARSHIPS FOR STUDENTS." WE'RE  FACEBOOK LIVE FOR "4-H PAINTING WITH A PURPOSE NIGHT." (JUSTIN CROWE) "OUR 4-H CAMPS ARE A GREAT DEAL, BUT MANY FAMILIES ARE STRUGGLING FINANCIALLY  TO HAVE OPPORTUNITIES FOR THEIR YOUNG PEOPLE. SO THIS IS GOING TO HELP OFFSET THOSE COSTS, AND  WE REALLY WANT THIS TO GROW. I'VE ALREADY TALKED TO MRS. FREELS AND SHE'S EXCITED TO OFFER IT  AGAIN NEXT YEAR." 4-H LEADER JUSTIN CROWE GOT THE IDEA FOR THIS ON DATE NIGHT WITH THE MISSUS. "FOR MY WIFE'S BIRTHDAY, I ACTUALLY TOOK HER TO 'PAINTING WITH A TWIST,' AND WE PAINTED A FIREFLY  SCENE ALTHOUGH MINE LOOKED LIKE FIDGET SPINNERS, BUT THAT'S OKAY, IT'S ALL ABOUT BEING CREATIVE  AND UNIQUE." "WE'VE ALL GOT A CREATIVE MIND. AND IT'S JUST A MATTER OF SOMEBODY GIVING YOU THE OPPORTUNITY  TO EXPRESS YOUR CREATIVITY." IN ADDITION TO RUNNING 'PAINTING WITH A TWIST," LEE ANN JENKINS-FREELS TEACHES ART AT NEARBY  POWELL HIGH SCHOOL. IN HER YOUNGER DAYS, SHE WAS A 4-HER. FOR LEE ANN, HELPING OUR STATE'S LARGEST YOUTH ORGANIZATION WAS NOSTALGIC. "SO WE SHOWED CATTLE, WE SHOWED SHEEP, WE DID BREAD BAKING, WE DID THE MUFFIN CONTESTS,  WE DID THE POSTER CONTESTS, AND WE DID THE SPEECHES. 4-H WAS SUCH AN INTEGRAL PART OF OUR  LIVES." BY THE END OF CLASS, WE'VE HAD LOTS OF LAUGHS, DIDN'T SPILL TOO MUCH PAINT, AND CREATED  SOME NICE ARTWORK TO TAKE HOME. IN A PLACE WHERE CREATIVITY IS ENCOURAGED, THIS WAS A  CREATIVE WAY OF HELPING A WORTHY CAUSE. THIS IS CHARLES DENNEY REPORTING. "PAINTING WITH A TWIST" STARTED YEARS AGO AS A WAY TO RAISE MONEY FOR  PEOPLE IMPACTED BY HURRICANE KATRINA. 

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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