AgDay Daily Recap -October 10, 2016

July 21, 2016 02:57 AM
 

TODAY ON AGDAY
OCTOBER 10, 2016

HEADLINES

TODAY ON AGDAY - SEED CORN CRIMES WITH THE  INTRIGUE OF A SPY NOVEL....WE'LL LOOK AT THE LATEST  CHAPTER. PROTECTING TRADE SECRETS WHILE TRYING TO OPEN  TRADE ROUTES. "ABOUT 20 PERCENT OF ALL THE VOLUME OF ALL  PRODUCTS GROWN IN THE UNITED STATES ARE EXPORTED." IN  AGRIBUSINESS.... MACHINERY PETE TALKS THE VALUE OF FARM  EQUIPMENT DEALERS. AND FRO-YO IN THE DRONE  ZONE. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.

CHINESE ESPIONAGE
GOOD MORNING I'M TYNE MORGAN. CLINTON GRIFFITHS  IS ON ASSIGNMENT.INTERNATIONAL ESPIONAGE TAKES CENTER STAGE AS  ONE CHINESE NATIONAL HEADS TO PRISON FOR STEALING SEED TECHNOLOGY, ANOTHER PREPARES  FOR TRIAL, AND FIVE OTHERS REMAIN ON THE RUN. A CHINESE NATIONAL AT THE CENTER OF AN  ESPIONAGE CASE INVOLVING THE BIGGEST SEED  COMPANIES IN THE COUNTRY IS HEADED TO PRISON. THE U-S ATTORNEY'S OFFICE IN IOWA SAYS MO  HAILONG RECEIVED THREE YEARS IN PRISON FOR  CONSPIRING TO STEAL CORN SEEDS FROM DUPONT- PIONEER AND MONSANTO. IN ONE INSTANCE, MO AND HIS ACCOMPLICES WERE  ACCUSED OF DIGGING-UP "PARENT" SEED FROM  RECENTLY PLANTED FIELDS AND SHIPPING IT TO A SEED  MAKER IN CHINA. MORE THAN A THOUSAND POUNDS OF  SEED WERE SHIPPED. U-S ATTORNEY KEVIN VANDER-SCHEL SAYS - QUOTING  NOW - " THE THEFT OF AGRICULTURAL TRADE SECRETS,  AND OTHER INTELLECTUAL PROPERTY, POSES A GRAVE  THREAT TO OUR NATIONAL ECONOMIC SECURITY." THE U-S ATTORNEY'S OFFICE SAYS IT STILL HAS ACTIVE  CASES AND ARREST WARRANTS AGAINST FIVE OTHER  MISSING SUSPECTS. WE HAVE ALSO HAVE DEVELOPMENTS IN A SECOND BUT  UN-RELATED SEED-TECH THEFT CASE. TWO CHINESE  NATIONALS ARE SCHEDULED FOR TRIAL NEXT MONTH IN  KANSAS CITY. THE TWO SCIENTISTS WEIQIANG ZHANG <WAY KING  JONG> AND <WEN GWEE YANN> WENGUI YAN ARE  ACCUSED OF CONSPIRING TO STEAL TRADE SECRETS  FROM A BIO-TECH FIRM IN MANHATTAN KANSAS. THE U-S ATTORNEY SAYS THE MEN STOLE RICE SEED  SAMPLES. THE GENETICALLY MODIFIED SEED IS USED TO GROW PROTEINS FOR MEDICAL AND PHARMACEUTICAL USES.

TRADE
PROTECTING INTELLECTUAL PROPERTY IS THE MAIN ARGUMENT AGAINST THE PROPOSED CHEMCHINA  SYNGENTA ACQUSITION. BUT IT'S ALSO GRABBING HEADLINES ON THE CAMPAIGN  TRAIL. ANOTHER ITEM RECEIVING NEGATIVE PRESS THIS  ELECTION-- TRADE.  WHILE THE TWO LEADING CANDIDATES HAVE VOICED  STRONG OPPOSITION FO MAJOR TRADE DEALS LIKE THE  TRANS PACIFIC PARTNERSHIP, THAT'S NOT THE  POPULAR OPINION OF AGRICULTURE.  AS THE TWO PRESIDENTIAL HOPEFULS WENT HEAD TO  HEAD IN THEIR FIRST DEBATE, TRADE WAS CAUGHT IN  THE MIDDLE,THE FACTS ARE I DID SAY I HOPED IT WOULD BE A GOOD DEAL BUT WHEN  IT WAS NEGOTIATED, WHICH I WAS NOT RESPONSIBLE FOR I CONCLUDED IT  WASN'T. I WROTE ABOUT IT  ABOUT THAT I MY BOOK. IS IT PRESIDENT OBAMA'S FAULT, WHILE VIEWS DIFFER ON THE CAMPAIGN TRAIL, TO  MANY IN AGRICULTURE, TRADE IS A MAIN LIFELINE FOR  AGRICULTURAL GOODS.  <ABOUT 20 PERCENT OF ALL THE VOLUME OF ALL PRODUCTS GROWN IN THE UNITED STATES ARE EXPORTED. ABOUT 30 PERCENT BY AND AS MORE PRODUCTS ARE SHIPPED, AMERICAN  FARM BUREAU SAYS IT'S HAING A DIRECT INPMACT ON  THE U-S ECONOMY.  <USDA ESTIMATES TAHT FOR EVERY ADDITIONAL BILLION DOLLARS IN AG  EXPORTS, WE HAD ABOUT 75 HUDNRED JOBS IN THE UNITED STATES, > TODAY, TRADE MAY BE A BUZZWORD, BUT FOR CORN  GROWERS, IT'S SOMETHING THEY WOULD LIKE TO SEE  <IF YOU LOOK AT THE WORLD, THERE'S HUDNREDDS OF TRADE AGREEMENTS  AND THE U.S. IS IN ABOUT 20. AND SO WE HAVE VERY FEW TRADE  AGREEMETNS> < WE'RE VERY FOCUSED ON TPP. IT WOULD BE HUGE FOR THE US PORK  INDUSTRY. > <WE'VE ESTIMATED THAT IT'LL ADD 4 POINT 4 BILLION DOLALRS TO NET FARM  INCOME IN THE UNITED STAES EACH YEAR.  NIGH SAYS WHILE THE AGREEMENT INVOLVES 11 OTHER  COUNTRIES, THERE'S ONE THAT STANDS OUT HTE  MOST.  <PROBABLY THE BIGGEST FIRSH AMONG THOSE 11 IS JAPAN, WHICH IS  ALREADY OUR FOURTH LARGEST EXPORT MARKET. BU THTERE'S A LOT OF  ROOM TO GROW. JAPAN HAS A LOT OF HIGH TARIFFS ON A NUMBER OF  PRODUCTS THAT THE U-S SPECIALIZES IN... SHE SAYS THE UNITED STATES CURRENTLY FACES A 39  PERCENT TAX ON BEEF EXPORTS TO JAPAN.  THROUGH  T-P-P, THAT  WOULD DROP TO 9 PERCENT.  MEANWHILE, AS WHEAT PRICES HIT A 10 YEAR LOW,  WHEAT GROWERS SAY T-P-P COULD HELP GIVE PRICES  SOME LIFE.  <IT WOULD ALLOW US TO GAIN BETTER ACCESS INTO KOREA WITH SOME  TARIFFS THAT ARE IN PLACE NOW THAT ARE REALLY STOPPING OUR ABILITY TO  BE A COMPETITIVE EXPROTER INTO THAT MARKET.> BUT IT'S MORE THAN JUST TRADE WITH THE 11 OTHER  TPP COUTNIRES THAT'S ATTRACTIVE TO  AGRICULTURE.... <WE NEED MORE DEMAND. WE HAVE SUPPLY, AMPLE SUPPLY, WE  HAVE AMPLE QUALITY SUPPLY, WE DON'T HAVE THE DEMAND WE NEED. AND THAT'S HURTING US>  TODAY, MEXICO AND CENTRAL AMERICA ARE THE TOP  BUYERS UF U-S RICE. SULLIVAN SAYS IF CHINA WOULD  START BUYING, THAT WOULD BE A GAMECHANGER. <CHINA IS A MONSTER OF A MARKET. TEH FACTS ARE BASED ON  COSNUMPTION RATES OF RICE IN CHINA THAT IF THE SHORT VERSION, IN A  14 DAY PERIOD, THEY COULD EAT THE ENTIRE U-S CROP> IT'S MORE THAN JUST RICE LOOKING TO CHINA TO PICK  UP DEMAND.  CHINA HAS A SHORTAGE OF PORK PRODUCTS. THEIR DOMESTIC  PRODUCTION IS DOWN.THEY'VE HAD A LOT OF CHALLENGES IN  IMPROTING PRODUCT.  CHINA IS ALREADY THE TOP BUYER OF U-S SOYBEANS,  BUT BALANCING THAT DEMAND IS A CONCERN FOR  AMERICAN SOYBEAN ASSOCIATION.  <25 PERCENT OF THE SOYBEANS RAISED IN THE UNITED STATES GOES TO  CHINA. SO IF THERE'S SOME KIND OF A POLTICAL HICCUP, THEY'RE GOING TO REDUCE WHAT THEY BUY FROM THE UNITED STAETS SO WE HAVE TO  CONTINUE TO BE ACTIVE IN OTHER MARKETS GLOBALLY SO IF THAT  HAPPENS, WE CAN STILL MOVE OUR SOYEABS INTO THE MARKETPLACE> NO MATTER THE DESTINATION, MANY AG GROUPS SAYWE NEED TO GROW DEMAND   <  OUR DOMESTIC CONSUMPTION IS STRONG BUT VIRTUALLY FLAT. EVEN IF  OUR CONSUMERS WERE TO CONSUME 2 MORE POUNDS OF PORK PRODUCT  A YEAR. THAT WOULD NOT COMPENSATE FOR THE AMOUNT OF PORK WE  WILL HAVE ON THE MARKET. > < AT ONE TIME WE WERE GROWING EXPORTS BY 10 OR 20 PERCENT  SOME YEARS. THAT JUST ISN'T HAPPENING ANYMORE. > BUT NOT EVERYONE IN AGRICULTURE IS A FAN OF  TRADE,  SAYING IT'S A DOUBLE EDGED SWORD.  <WE'RE NOT EXPORTING ANY SUGAR. SO FOR US, WE WOULD JUST ASSUME  TEMPER ALL OF THESE AGREEMTNS AND IF YOUW ANT TO TRADE  SOMEHTING WITH SOMEONE LSE THAT'S FINE, BUT YOU COULD LEAVE US  OUT, WE'D BE HAPPY WITH THAT> SUGARBEET GROWERS SAY THEY AREN'T AGAINST  CURRENT TRADE DEALS, KNOWING MANY AREAS OF AG  BENEFIT. BUT WHEN OTHER COUNTRIES SUBSIDIZE  PRODUCTION, UNDERCUTTING THE U-S PRICE, THAT'S  WHEN GROUPS LIKE SUGAR AND RICE SAY SOME DEALS  ARE UNJUST.  WE WANT TO CREATE A LEVEL PLAYING FIELD AND IF ANOTHER COUNTRY IS ALLOWED TO SUBSIZE AND  EXPORT, WE KNOW THAT'S NOT FAIR FOR OUR  GROWERS <ALL WE'RE LOOKING FOR IS A FAIR DEAL. WE JUS TWANT TO LEVEL THE  PLAYING FIELD ON BOTH SIDES OF HTE TABLE>

BEEF AND PORK EXPORTS HIGHEST OF 2016
SPEAKING OF TRADE, BEEF EXPORTS HITTING THE A  TWO YEAR RECORD IN AUGUST. THE U-S MEAT EXPORT FEDERATION SAYS EXPORT  VALUES FOR BOTH BEEF AND PORK REACHING THE HIGHEST POINT THIS YEAR. BEEF SHIPMENTS IN AUGUST JUMPED UP 27 PERCENT  FROM A YEAR AGO, HITTING THE HIGHEST MARK SINC  OCTOBER 2014.  WHILE EXPORT VALUE JUMPED 14 PERCENT.  PORK EXPOTS ROSE 16 PERCENT IN AUGUST  COMPARED TO 2015. AND THE VALUE SHOT UP 19  PERCENT.  MORE CORN COULD BE HEADED SOUTH. BRAZIL APPROVING THREE GENETICALLY MODIFIED  CORN VAREITIES FROM THE U-S FOR ANIMAL FEED PRODUCTION. THIS COMES AFTER A DROUGHT WIPED OUT A PORTION  OF BRAZIL'S CROP, FORCING ANIMAL GROWERS TO  IMPORT CORN FROM ARGENTINA.  THE VARITIES ARE PRODUCED BY MONSATNO AND  SYNGENTA. 

CROP COMMENTS
CINDI CLAWSON IS IN FOR MIKE HOFFMAN TODAY. SHE  HAS AN UPDATE ON CROP COMMENTS.  GOOD MORNING, TYNE.  IN SOUTHEASTERN SOUTH DAKOTA..  STANDING WATER IS SLOWING DOWN SOYBEAN  HARVEST IN THE AREA.  IT'S A COMMON SIGHT IN SEVERAL LOCATIONS.  NOW AS YOU CAN SEE FROST IS THROWN INTO THE MIX  AS WELL. THIS FARMER HOPES HE DOESN'T HAVE TO  WAKE UP TO TOO MANY MORNINGS LIKE THIS.  NOW ONTO A MORE PICTUREESQUE PHOTO IN THE  LONE STAR STATE..  MIKE LASS SENT US THIS PHOTO OF A PICTURE ON THE  PLAINS AT DUSK! THANKS FOR THOSE PICTURES AND NOW HERE ARE SOME HOMETOWN TEMPS. 

TEASE
NEXT IN AGRIBUSINESS WE'LL TALK ABOUT STRONG  GRAIN EXPORTS STEMMING FROM WEAK PRICES. PLUS MACHINERY PETE.... EQUIPMENT DEALERS AND THE NEW WAYS THEY BRING TREMENDOUS  VALUE TO YOUR FARM OPERATION AND WHEN YOU HAVE A CRAVING FOR A SWEET TREAT,  IT COULD BE JUST A DRONE-FLIGHT AWAY.

FLOOR OF THE CME
(  AGRIBUSINESS TODAY, BROUGHT TO YOU BY YAMAHA - MAKERS OF VIKING SIDE-BY-SIDES.  YAMAHA - REAL  WORLD TOUGH.  ) AS A NEW WEEK OF TRADING GETS SET TO BEGIN, LET'S  SEE HOW THE FARM MARKETS ENDED THE WEEK. WE GET DETAILS FROM THE FLOOR OF THE CME IN  CHICAGO. THE CATTLE MARKET TODAY HAS REALLY SHOWED MORE STABILIZATION THE  BULLS IN THE BEARS JUST CANNOT GET THE MARKETS A MOVE EITHER WAY  SO RIGHT NOW IS HOLDING VERY FIRM  CERTAINLY THE TECHNICALS ARE STARTING TO LIKE SHOW THEIR ARESENCE  HERE THE TEN DAY MOVING AVERAGE IS REALLY PUTTING A LIMIT ON SHORT  TERM GAINS RIGHT NOW AND IS NOT LETTING THE MARKET MOVE ANY  HIGHER WITH THEIR BIG REVERSAL FROM OFF OUR SEVEN YEAR LOW THE MOMENTUM INDICATORS ARE STARTING TO FALTER AND THAT'S WHAT'S  KEEPING THE MARKET FROM REALLY PUSHING THROUGH WE EXPECT THE  CONSOLIDATION WILL CONTINUE AND STILL MOVE SIDEWAYS AND A  CHOPPY MARKET CERTAINLY FOR TODAY AND IN THE NEXT COUPLE OF DAYS  NOW WITH THE HOGS THAT WE HAVE THE SAME KIND OF ISSUE WE DID  HAVE THAT BOUNCE BUT RIGHT NOW THE HOGS WERE OVERSOLD AND WE'RE LOOKING TO HAVE A LITTLE BIT OF BUYING AND THAT'S REALLY  STABILIZE THE MARKET THEY TOO WERE MOVING SIDEWAYS SO WE SEE  IN THE ENTIRE LIVESTOCK  COMPLEX KIND OF ALL HOLD IN A HOLDING PATTERN RIGHT NOW AND THANK  GOODNESS THAT THE SELLING HAS CEASED THAT'S ALL FROM THE FLOOR OF  THE CME GROUP, I'M VIRGINIA MCGATHEY

AGRIBUSINESS
WELCOME BACK, WE'RE HERE NOW WITH BRIAN SPLITT WITH ALLENDALE, BRIAN WHEN WE LOOK AT THE EXPORT NEWS, WE SAW LAST WEEK SOME PRETTY BULLISH THE NEWS. WE SAW SOME SALES A POSSIBLE NEW SALES TO BRAZIL SOME SOME BEEF EXPORTS POSSIBLY TO CHINA BUT OVERALL WHEN WE LOOK AT THE LAST FOUR WEEKS, CORN EXPORTS ARE UP SEVENTY PERCENT FROM THE FIVE YEAR AVERAGE. IS THAT SUSTAINABLE OR IS THAT A SHORT-TERM BOOST? I THINK THIS IS A GOOD STORY HERE NOW. I DON'T THINK WE CAN SUSTAIN THAT AND WE'VE GOT SOME CATCH UP WORK THAT WE'VE BEEN DOING ON CORN AND SOYBEAN SALES.RIGHT NOW WE ARE RUNNING AHEAD OF THE PACE THAT WE WOULD NEED TO HIT THE USDA TARGET FOR CORN WHEREAS SOYBEANS ARE RUNNING A LITTLE BIT BEHIND THE USDA TARGET PACE.SO SOYBEANS HAVE A LITTLE BIT MORE CATCH OF WORK TO DO BUT I THINK.RIGHT NOW, WE HAVE TO REMEMBER THAT BRAZIL DID HAVE A PROBLEM WITH THEIR SECOND CROP CORN. AND WE'VE GOT SOME SUPPLY ISSUES THERE WERE WE'RE GOING TO HAVE TO FULFILL SOME OF THEIR NEEDS PROBABLY GETTING THROUGH JANUARY. SO I THINK THAT'S WHY THEY APPROVE GENERAL CORN AND I SEE THIS IS MORE OF A SHORT TERM ISSUE FOR US AND COULD BE A LITTLE BIT DISAPPOINTING DOWN THE ROAD TO MAYBE THE USDA ACKNOWLEDGES THIS PACE BUT THEN BRINGS THE NUMBERS BACK DOWN AS WE GET INTO THE THEIR FIRST AND SECOND QUARTER OF NEXT YEAR. THERE WERE ALSO SEEMS IN GOOD MOMENT IN FROM MEXICO. YOU THINK IT'S A COINCIDENCE THAT THAT'S LEADING INTO THE ELECTION AND NOT KNOWING THE OUTCOME OF THAT? RIGHT, SO MEXICO IS A BUYER OF OUR CORN AND WHEN YOU'VE GOT TWO THINGS COMBINED YOU'VE GOT CORN PRICES AT MULTIYEAR LOWSAND YOU'VE GOT A PRESIDENTIAL RACE WHERE ONE OF THE CANDIDATES IS TALKING ABOUT BUILDING A WALL AND HAVING THEM PAY FOR IT WE DON'T KNOW HOW THEY'RE GOING TO PAY FOR IT BUT IT COULD BE THROUGH TRADE POLICY. SO, I IF I HAVE THE COMBINATION OF THOSE TWO THINGS. IF I AM MEXICO I AM YOUNG AND AGGRESSIVE BUYER BEFORE EVEN SEE THE ELECTION, I WILL MAKE SURE THAT MY NEEDS ARE ATTAINED AND I DON'T HAVE ANYTHING IN ALL UP FOR CHANCE AT THIS POINT.AT THE SAME TIME LATEST EXPORT NUMBERS FOR MEAT HAVE SHOWN THAT THAT BEEF AND PORK EXPORTS AND WERE ALMOST A TWO YEAR HIGH. SO THAT A CASE OF LOWER PRICES CURING LOWER PRICES? WHEN YOU HAVE THE AMOUNT OF MEAT IN GENERAL AND THAT'S WITH BOTH PORK POULTRY AND BEEF WE HAVE TO BE MOVING AS PRODUCTS. AND FROM A MAJOR STANDPOINT, BIG PICTURE, WE ARE GOING TO HAVE THE MOST MEAT FOR THE U S CONSUMER AVAILABLE IN THE LAST NINE YEARS. THERE'S A LOT OF SUPPLY OUT THERE. WE DO NEED TO CHEW THROUGH IT. SO YES, LOW PRICES ARE REQUIRED IN ORDER TO MOVE THIS PRODUCT AND CURE THESE LOW PRICES.PRICES AREN'T BRIAN SPLITT OF ALLENDALE THANKS SO MUCH THEY WITH US WE HAVE MUCH MORE ON DAY WHEN WE COME BACK. (     TO TALK TO BRIAN SPLITT ONE ON ONE CALL  ALLENDALE INCORPORATED AT 800-551-4626 OR EMAIL  HIM AT BSPLITT@ALLENDALE-INC.COM.   ) (    YOU'RE A FARMER.  AND YOU ARE RELENTLESS.   WE'RE RELENTLESS TOO.  VISIT MYCOGEN-DOT-COM,  OR YOUR LOCAL MYCOGEN SEEDS DEALER TO LEARN  MORE ABOUT OUR RELENTLESS DEDICATION TO YOU.   )

NATIONAL WEATHER
WELCOME BACK ON THIS MONDAY FOR A CHECK OF WEATHER HERE WAS  CINDY CLAWSON CINDI, I KNOW IT WAS A BUSY WHETHER WE GET IT FOR  YOU CONSIDERING HURRICANE MATTHEW BUT I DIDN'T REALIZE LAST WEEK THE PLAINS RECEIVE SO MUCH RIGHT YET  THEY REALLY DID THERE WAS KIND OF A STALLED OUT STORM SYSTEM IN  JUST A LOT O FMOISTURE THERE AND  THEY HAD SOME STRONGER STORMS  AS WELL BUT LET'S TAKE A LOOK AND SEE WHAT WAS GOING ON  OBVIOUSLY WE HAD TONS OF RAIN DOWN ON THE SOUTHEAST BECAUSE OF  MATTHEW BUT YEAH, TYNE,  WE DID HAVE SOME DECENT RAIN IN PARTS  OF THE PLAINS STATES AS WELL ESPECIALLY IN AREAS PRETTY MUCH  BETWEEN OKLAHOMA CITY AND KANSAS CITY COULD SEE MANY AREAS  HAD THREE TO FIVE INCHES OF RAIN OR MORE, SO IS VERY VERY WET THERE  WITH THAT STALLED OUT FRONTAL SYSTEM, ALRIGHT WHAT CAN WE EXPECT  FOR THIS WEEK HERE'S A LOOK AT THE JET STREAM AND  WE SEE A LITTLE BIT MORE OF A ZONAL FLOW TO START OFF THE WEEK SO  TEMPERATURES GOING TO BE A LITTLE MORE SEASONABLE FOR FOLKS WILL  SEE THISTROUGH GOING THROUGH THE NATION'S MIDSECTION AS FAR AS THE UPPER  MIDWEST IN SO THAT'LL BRING SOME SLIGHTLY COOLER AIR TO THE FAR  NORTHERN STRETCHES BUT WHAT IS WE HAVE A TROUGH THAT'S GOING TO  BE AFFECTING THE WEST AS WELL SO WE'RE GOING TO BE SEEING SOME  STORMY CONDITIONS THERE A FAIR AMOUNT OF RAIN ESPECIALLY IN THE PACIFIC NORTHWEST BUT   AGAIN WITH MOSTLY ZONAL FLOW FOR THE REST OF THE COUNTRY WE'RE  GONNA BE SEEING MORE SEASONABLE TEMPERATURES FOR MOST AREAS ALRIGHT LET'S TAKE A LOOK AT HOW THINGS ARE SHAPING  UP FOR THE WEEK AHEAD OF MOST OF US SEEM NORMAL TO A LITTLE  ABOVE NORMAL TEMPERATURES FOR MOST OF THE COUNTRY WE'RE GOING  TO SEE THE COOLER TEMPERATURES  JUST RIGHT ALONG THE NORTHWESTERN TIER OF STATES RIGHT NEAR THE  CANADIAN BORDER FAIRLY NORMAL TEMPERATURES IN THE SOUTHEAST I  KEPT IT NORMAL INSTEAD OF ANOVE NORMAL  BECAUSE I THINK THAT'S A MIXTURE OF WATER THERE NOW AFTER MATTHEW AND SO WE'LL  HAVE  SOME OF THE EVAPORATION AS WE LOOK AT PRECIPITATION  MOST DRY FOR A LOT OF THE COUNTRY THE NORTHEAST MUCH OF THE PLAINS  STATES DOWN INTO TEXAS THE GULF COAST STATES  PERHAPS A LITTLE BIT OF ABOVE WERE MOIST ABOVE NORMAL MOISTURE  IN FLORIDA A LITTLE BIT OF THE FOUR CORNERS REGION AND WE DO EXPECT  TO SEE SEVERAL CHANCES FOR RAIN IN THE NORTHWESTERN UNITED STATES  LOOKING AHEAD FOR THE NEXT THIRTY DAYS PRETTY MUCH THE EASTERN  HALF OF THE COUNTRY WERE EXPECTING TO SEE ABOVE NORMAL  TEMPERATURES AND OUT IN THE WEST AS WELL FAIRLY NORMAL AS YOU GET  TOWARDS SOME OF THE SOUTHERN PLAINS STATES AND OVER TO THE FOUR CORNERS REGION. PRECIPITATION THAT'S A BIG ONE COULD BE A KIND OF DODGING RAINDROPS FOR HARVEST IN PARTS OF THE CORN BELT LOOKS LIKE A WET  ONE FOR PARTS OF THE NORTHWEST AS WELL

REGIONAL FORECST
THAT'S A LOOK AT YOUR  NATIONAL FORECAST NO CHECK ON THE WEATHER WHERE YOU LIVE SANDERS ARIZONA SUNNY AND A LITTLE WARMER FOR YOU  TODAY THE  HIGH TEMPERATURE OF SEVENTY FIVE DEGREES COTTON VALLEY LOUISIANA  SUNNY AND WARM FOR NEW WITH A HIGH OF EIGHTY THREE DEGREES AND  A LITTLE COOLER FOR BROCKWAY PENNSYLVANIA BUT LOTS OF SUNSHINE  WITH A HIGH OF FIFTY NINE

TEASE
MACHINERY PETE IS NEXT. HE'LL LOOK AT THE HIDDEN  VALUE OF EQUIPMENT DEALERS! PLUS YOU MIGHT NOT BELIEVE WHAT DRONE'S ARE  CARRYING THESE DAYS. AND WHEN YOU FIND OUT, YOU  MIGHT SAY "SWEEET!". (    THIS IS MACHINERY PETE - INVITING YOU TO CHECK OUT MY NEW WEBSITE - MACHINERYPETE.COM -  OFFERING FARMERS TENS OF THOUSANDS OF USED  EQUIPMENT LISTINGS TO SEARCH.  LET MACHINERY  PETE HELP YOU FIND AND VALUE YOUR NEXT PIECE OF USED EQUIPMENT.  )

MACHINERY PETE
MACHINERY PETE IS NOT TALKING ABOUT THE VALUE OF  USED FARM EQUIPMENT THIS MORNING. INSTEAD HE TALKS FARM EQUIPMENT DEALERS AND THE VALUE  THEY BRING TO USED EQUIPMENT PURCHASES. ALRIGHT FOLKS TIME FOR A LITTLE CHAT. TIME TO TALK USED MACHINERY.  NOW I'VE BEEN TALKING AUCTIONS FOR TWENTY SEVEN YEARS OR FIVE  HUNDRED THOUSAND PRICES, BUT I'M ALSO THE SON OF A THIRD  GENERATION FARM EQUIPMENT DEALER. NOW I KNOW THAT THE VALUE OF  THAT BUSINESS ISN'T ALWAYS BEING THERE FOR YOU THE CUSTOMER. I  GOTTA TELL YA, IT'S BEEN SOLD OFF ON THE PAST YEAR SO AS WE TRAVEL  THE COUNTRY FILMING FOR MACHINE PETE TV SHOW, OUR SEGMENTS ON US FARM REPORT,  STOPPING IN INTERVIEW DEALERS ALL OVER THE COUNTRY, AND THE THING  THAT KEEPS COMING THROUGH IS HOW THEY'RE WORKING TOWARDS INVESTING HEAVILY AND BECOMING MORE OF A CLOSER PARTNER WITH  YOU THE FARMER. OF COURSE THEY'RE DOING THIS WITH INNOVATIVE NEW THINGS ON THE  SERVICE SIDE TO ALWAYS BE THERE FOR YOU. AND OF COURSE ON  TECHNOLOGY AND PRECISION A INVESTING IN PERSONNEL TRAINING TO  BRING YOU THE VERY LATEST TO HELP YOU BE MORE EFFICIENT. NOW ONE OF THE OTHER AREAS WHERE DEALERS BRING OFF THE CHARTS  VALUE WAS ON THE FINANCE SIDE. SO, HELPING YOU MINIMIZE THE  FRONT AND CAPITAL RISK, GETTING YOU INTO THE LATEST TECHNOLOGY.  AGAIN, TO HELP YOU BE MORE EFFICIENT ON THE FARM. AND ALSO DEALERS YOU KNOW DOING THINGS IN THESE TOUGH AG TIMES  LIKE HELPING YOU RE STRUCTURE FINANCING ON YOUR CURRENT EQUIPMENT  FLEET. AGAIN OF DOING THIS WITH AN APPROACH TOWARD THE FUTURE  HELPING THE WHOLE BRIDGE TOWARD BETTER DAYS. NOW  I REALLY THINK  THE FUTURE IS THIS CLOSER FARMER - DEALER RELATIONSHIP IS IN A DRIVE  TREMENDOUS VALUE TO YOUR FARM OPERATION. AND AS I'VE BEEN  SAYING FOR THE PAST YEAR, I'VE NEVER SEENI'VE NEVER SEEN A BETTER TIME TO UPGRADE A LATE MODEL LEASED  EQUIPMENT. SO IF YOU'RE ABLE GIVE YOU A LOCAL LEADER CALL.

TEASE
NEXT - SEE HOW ONE FRO-YO VENDOR IS PUSHING THE  ENVELOPE WHEN IT COMES TO DELIVERIES. IN THE COUNTRY IS NEXT.

IN THE COUNRTY
(  IN THE COUNTRY - BROUGHT TO YOU BY KUBOTA'S BX AND L SERIES COMPACT TRACTORS - AVAILABLE NOW  WITH A SIX-YEAR LIMITED POWERTRAIN WARRANTY.   LEARN MORE TODAY AT YOUR LOCAL KUBOTA DEALER. ) FORGET ABOUT 'DRIVE-THROUGH' RESTAURANTS. HOW  ABOUT "DRONE-THROUGH" DELIVERIES.  A FROZEN  YOGURT BUSINESS IN MICHIGAN IS TESTING THE IDEA. ORANGE LEAF FROZEN YOGURT'S DRONE DELIVERY  TOOK PLACE AT HOPE COLLEGE IN HOLLAND, MICHIGAN DUBBED "PROJECT FLYING ORANGE UNICORN," THE  BUSINESS SAYS IT'S PLANNING TO OFFER DELIVERIES  FROM ITS ORANGE LEAF STORE LOCATED A FEW  BLOCKS FROM CAMPUS. THE DRONE CAN REACH 30 MILES-PER-HOUR AND  CARRY UP TO 30 POUNDS OF FROZEN DELICIOUS-NESS. "I THINK LONG TERM, THAT'S WHERE THE INDUSTRY IS HEADING IN TERMS  OF ENGAGING WITH A MILLENNIAL CLIENTELE WHO LOVES NEW TECHNOLOGY  BUT ALSO WEIGHS THAT CONVENIENCE BY USING TECHNOLOGY SO WHY  NOT BE ON THE FOREND OF THAT?">COMPANIES SUCH AS AMAZON, CHIPOTLE AND  DOMINO'S HAVE RECENTLY EXPERIMENTED WITH  DRONE DELIVERY PROTOTYPES. IMAGINE IF YOU BREAK DOWN IN THE FIELD AND DON'T  HAVE THE CORRECT TOOL WITH YOU. ONE OF YOUR  KIDS OR FIELD HANDS CAN ATTACH IT TO A DRONE AND  FLY IT TO YOU! TECHNOLOGY IS AMAZING.

CLOSE
THAT'S ALL THE TIME WE HAVE THIS MORNING. WE'RE  GLAD YOU TUNED IN.  FOR CINDI CLAWSON AND ALL OF US AT AGDAY. I'M TYNE  MORGAN. HAVE A GREAT DAY.

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close