AgDay Daily Recap - October 19, 2016

August 3, 2016 02:57 AM
 
AgDay Daily Recap - October 19, 2016

TODAY ON AGDAY
OCTOBER 19. 2016

HEADLINES
TODAY ON AGDAY - AN EXPLOSION AT A GERMAN AG COMPANY PUTS A KINK IN THE SUPPLY CHAIN. FROM THE CORNBELT.... <FARMERS IN NW OHIO HAVE CWETAINLY EXPERIENCED  THEIR WEATHER CHALELNGES THIS YEAR. HEAR HOW  YEILDS ARE TURNIGN OUT HERE ON AGDAY.  WILL TRADE GET ATTENTION AS THE PRESIDENTIAL  NOMINEES SQUARE OFF? . IN ANALYSIS - BULLS MAKE A RUN IN THE COTTON  MARKET. ANY CONDITIONS IN COTTON SHOW MAJOR  DOWNGRAES TO NC CROP AND THAT'S BAKED IN THE  CAKE HERE AND HOPING TO STRIKE IT RICH, WITH JUST A HINT OF  GOLD. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG  LASTING CHEVY SILVERADO.

BASF EXPLOSION
GOOD MORNING I'M TYNE MORGAN. CLINTON GRIFFITHS  IS ON ASSIGNMENT. AN EXPLOSION AT AN AG CHEMICAL  COMPANY COULD HAVE LINGERING AFFECTS ON THE  SUPPLY CHAIN. A MASSIVE EXPLOSION AT A BASF PLANT IN GERMANY IS  FORCING PROLONGED SHUTDOWNS.  MONDAY'S BLAST AT ONE OF ITS GERMAN CHEMICAL  SITES KILLED TWO FIREFIGHTERS. ONE EMPLOYEE  REMAINS MISSING.  IT ALL STARTED WHEN A FIRE BROKE OUT ON THE  PRODUCTION LINE, LEADING TO A SERIES OF BLASTS.  BASF SAYS TWO STEAM CRACKERS, WHICH IS THE  STARTING POINT FOR PRODUCING BASIC CHEMICALS,  ARE HALTING PRODUCTION.   AND ANOTHER 20 SITES ARE EITHER STOPPED OR  PARTIALLY WORKING.  THE SHUTDOWNS WILL EAT INTO PRODUCTION,  HURTING SALES AND POTENTIALLY EARNIGNS FOR THE  COMPANY. 

TRADE AT THE DEBATE
AS THE TWO LEADING PRESIDENTIAL CANDIDATES GEAR  UP FOR THEIR FINAL DEBATE BEFORE THE ELECTION,  TRADE COULD REMAIN A STICKING POINT. A NEW  REPORT RELEASED JUST THIS WEEK SHOWS  OVERWHELMING EVIDENCE THAT USDA PROGRAMS  PROMOITNG EXPORTS INCREASE DEMAND FOR U-S AG  E XPORTS IN THE FORM OF BILLIONS OF DOLLARS.  INFORMA ECONOMICS RELEASING A NEW STUDY SHOWING TWO FARM BILL POROGRAMS,  HELPED GENERATE 309 POINT 7 BILLION DOLLARS  IN EXPORT  SALES REVENUE BETWEEN 1977 AND 2014. TO BREAK IT DOWN, THAT'S 8 POINT 2 BILLION DOLLARS A YEAR.  THE TWO PROGRAMS ARE USDA'S FOREIGN MARKET  DEVELOPMENT PROGRAM AND MARKET ACCESS  PROGRAM. THE STUDY GOES ON TO SHOW FOR EVERY DOLLAR INVESTED IN THOSE, AG EXPORTS INCREASED BY 28  DOLLARS.  USDA SAYS WHEN YOU TAKE IT A STEP FURTHER, TRADE ALSO TRANSLATES INTO JOBS.  <USDA ESTIMATES TAHT FOR EVERY ADDITIONAL BILLION DOLLARS IN AG  EXPORTS, WE HAD ABOUT 75 HUDNRED JOBS IN THE UNITED STATES, BOTH  IN AGRICULTURE AND OUTSIDE>3 INFORMA TEAMED UP WITH GIVE ECONOMISTS FROM  LAND GRANT UNIVERSITIES SUCH AS TEXAS A&M,  CORNELL AND OREGON STATE.  THE REPORT WAS PRODUCED FOR HTE U-S WHEAT  ASSOCIATIONES, THE POULTRY AND EGG COUNCIL AND  THE PEAR BUREAU. 

VETTER ON TPP
SPEAKING OF TRADE, AS HOPES OF GETTING THE  TRANS PACIFIC PARTNERSHIP PASSED THIS YEAR FADE WITH EACH PASSING DAY, OUR PARTNERS AT AGRITALK  PRESSED THE U-S TRADE REPRESENTATIVE'S CHIEF AG  NEGOTIATOR ABOUT THE RECENT OPPOSITION TO THE  DEAL ON THE CAMPAIGN TRAIL. DARCI VETTER TOLD HOST MIKE ADAMS, THERE'S ONE  THINGS THAT CLEAR-- RENOGOTIATING TPP IS NOT AN  OPTION AS ATTEMPTING ANY TRADEOFFS WITH ANY OF  THE 12 COUNTRIES COULD UNRAVEL THE ENTIRE DEAL.   < IF YOU LOOK AT THIS DEAL, FOR THE FIRST TIME IN A FREE TRADE  AGREEMENT, JAPAN PUT RICE ON TEH TABLE. IT PUT PORK AND BEEF ON  THE TABLE. CANADA ALLOWED ACCESS FOR DAIRY POULTYR AND EGGS  SOMETHING IT'S NEVER DONE IN A FTA. IT DID THAT NOT BECAUSE OF  WHAT IT GOT BACK IN AGRICULTURE. THOSE COUNTRIES DID THAT BECAUSE  THE OVERALL VALUE OF TPP TO THEIR ECONOMY, BOTH IN AG,  MANUFACTURED GOODS AND SERVICES AND RULES, MADE IT PALATABLE  FO RTHEM TO FINALLY PUT THOSE SACRED PRODUCST ONT EH TABLE. SO IF  WE NEED TO GO BACK AND GET FROM AN AREA THAT'S NOT AG, THEY  MAY N EED TO PULL BACK IN AG> ON THE ISSUE OF CURRENCY MANIPULATION, VETTER  SAYS THE VARIOUS COUNTRIES DEALT WITH THE  ISSUES DURING NEGOTIATIONS,  CALLING THE FINAL  OUTCOME GROUNDBREAKING BETWEEN THE TPP  COUNTIRES. 

I-80 HARVEST
THE I-80 HARVEST TOUR - SPONSORED BY THE ENLIST  WEED CONTROL SYSTEM FROM DOW AGROSCIENCES -  COMBINING THE PROVEN CONTROL OF A NEW 2,4-D AND  GLYPHOSATE.  TAKE CONTROL OF TOUGH WEEDS LIKE  NEVER BEFORE. THE LATEST CROP PRODUCTION REPORT HAS USDA  STILL FACTORING IN RECORD CORN AND SOYBEAN  CROPS EVEN THOUGH STATES LIKE OHIO HAD WEATHER  EXTREMES THIS GROWING SEASON. IN THIS I-80 HARVEST TOUR STOP, BETSY JIBBEN LOOKS  INTO WHETHER THE 'PROBLEM POCKETS' THIS YEAR  COULD STILL PRODUCE A LARGE CROP. <"NORTHWEST OHIO FARMERS SAY OUT HERE, IT'S SOYBEAN COUNTRY.  THAT'S PARTLY DUE TO SOIL TYPE. AND THIS YEAR, THOSE SOYBEANS  SEEM TO BE THRIVING,"> IT'S A NICE AUTUMN DAY IN NORTHWEST OHIO. PERFECT CONDITIONS WRAPPING UP AN IMPERFECT  GROWING SEASON. <"I DON'T THINK YOU CAN BEAT A DAY LIKE THIS. YOU HAVE A FULL SUN. A  NICE BREEZE. THE CROP IS DRYING OUT NICE. IT'S A PERFECT FALL WEATHER FOR HARVEST,"> QUITE DIFFERENT FROM THE WEATHER EXTREMES THIS  SEASON. A PLANTING DATE THAT WAS TOO WET TO A JULY THAT  WAS BONE DRY. "WE ONLY RECEIVED AROUND ONE INCH OF RAIN THE WHOLE MONTH OF  JULY. PLUS, IT WAS WARM. THE CORN CROP WENT THROUGH SOME  STRESS."> THE WRONG TIME TO STRESS CORN. THAT STRESS IS  STILL SHOWING. <"THE CORN IS GOING TO BE BELOW AVERAGE. CORN IS 110 TO 130 BPA.  IN PLACES. IT WAS JUST TOO DRY TOO EARLY FOR CORN,"> "I HAVEN'T BEEN IN OUR CORN MUCH. IT WILL BE AVERAGE OR A LITTLE  BELOW,"> BOTH FARMERS SAY AUGUST AND SEPTEMBER  BROUGHT GOOD MOISTURE. IT CAME JUST IN TIME TO  PRODUCE A BEAN CROP. <"OUR YIELDS ARE ABOVE AVERAGE. NOT GOING TO BE RECORD BUT  PROBABLY ONE OF MY TOP THREE OR FOUR BEAN CROPS I EVER HAD,"> <"DEPENDING ON YOUR LOCATION, A LOT OF SOYBEANS ARE IN THE  SIXTIES. I'VE HAD SOME AREAS IN THE 40S DEPENDING ON WHAT GOT  RAIN,"> DURING A YEAR WHEN NATIONALLY SOYBEAN YIELDS ARE LARGE-THIS 'PROBLEM AREA' ISN'T DOING TOO BAD. <IF IT RAINS IN AUGUST, YOU'LL GET GOOD BEANS,"> WISHING THESE NICE WEATHER DAYS STICK AROUND. <"IT'S NICE HARVEST WEATHER, WITH BEAN YIELDS BEING GOOD, IT'S  BEEN REAL NICE,"> IN AN AREA CUTTING THORUGH MULTIPLE YEARS OF  ROCKY WEATHER. <"WE HAVE HAD TWO ROUGH YEARS ON OUR CORN HERE. WHEN YOU  COPULE THAT WITH LOWER MARKET PRICES, IT'S BEEN TOUGH ON GUYS  HERE IN NORTHWEST OHIO,"> "CORN IS BELOW AVERAGE, BUT STILL, BETTER THAN LAST YEAR WHEN  VIRTUALLY EVERYONE WAS LIVING OFF INSURANCE CHECKS."> REPORTING IN NORTHWESTERN, OHIO, I'M BETSY  JIBBEN. ) BOTH FARMERS SAY OHIO IS STILL VERY VARIABLE. SCH-RAIDER SAYS THE AREA 20 MILES WEST OF HIM  CAUGHT SOME NICE RAINS AND IS HAVING A BETTER  CROP.

CROP COMMENTS
CROP COMMENTS IS POWERED BY RESICORE  HERBICIDE FOR CORN, FROM DOW AGROSCIENCES. CROP COMMENTS RANGE FROM APPLE QUALITY IN THE  EAST TO SNOW IN THE WEST. MIKE HOFFMAN HAS DETAILS. GOOD MORNING MIKE. GOOD MORNING TYNE. WE'LL START IN ADAMS COUNTY, PENNSYLVANIA - A  CROP REPORTER SAYS APPLE HARVEST IS IN THE HOME- STRETCH. YIELDS VARY GREATLY ACROSS THE COUNTRY DUE TO  RAINFALL OR LACK THEREOF. SOME GROWERS AND PACKERS ARE CONCERNED HOW  APPLES WILL DO WHILE IN COLD STORAGE. AND THIS PHOTO ISN'T SHOWING A CROP...UNLESS YOU  MEAN A NEW CROP OF YOUNG FARMERS. THIS IS TWO YEAR JAMISON HANSEN. HE GOT TO GO  FOR A RIDE WITH HIS GRANDPA NEAR LAKE LILLIAN,  MINNESOTA. GRANDPA WAS RUNNING HIS CHISEL PLOW ON THE  BEAN FIELD.  AND IN THE SIERRA NEVADA MOUNTAINS, AN AUTUMN  SNOWSTORM DUSTED HIGHER ELEVATIONS WITH  SEVERAL INCHES OF FRESH POWDER. BUT IT WON'T   LAST LONG AS TEMPS PUSHED BACK ABOVE FREEZING. AS WE OFTEN REMIND YOU, THE SNOWPACK IN THE  SIERRA NEVADAS IS A KEY COMPONENT IN THE WATER  SUPPLY FOR CALIFORNIA. LET'S LOOK AT THE WEATHER MAP TODAY YOU CAN SEE A STATIONARY FRONT THROUGH MIDDLE OF THE COUNTRY THAT WILL BE THE FOCUS FOR SOME SHOWERS I'LL LET YOU KNOW WHERE THOSE ARE HEADING NEXT WIHT MY FORECAST BUT NOW  HERE ARE SOME HOMETOWN  TEMPS.

TEASE
STILL TO COME - HURRICANE DAMAGE TO COTTON  PROVES TO BE BULLISH TO PRICES. BUT HOW LONG  WILL IT LAST? ANSWERS STRAIGHT AHEAD. DESPITE WATER PROBLEMS IN CALIFORNIA, ALMOND  GROWERS SEEM TO BE PRODUCING A BIG CROP. DETAILS FROM THE PACKER. LATER WE'LL VISIT NEW ENGLAND - NOT TO VIEW THE  FALL FOLIAGE. BUT LEARN ABOUT GUYS GRABBIN' FOR  GOLD.

FROM THE FLOOR OF THE CME
AGRIBUSINESS TODAY, BROUGHT TO YOU BY YAMAHA - MAKERS OF VIKING SIDE-BY-SIDES.  YAMAHA - REAL  WORLD TOUGH. IN AGRIBUSINESS, IT WAS A MIXED DAY IN THE GRAINS  AND LIVESTOCK ON TUESDAY. LET'S HEAD TO THE CME  FLOOR TO FIND OUT WHY.  THE CORN MARKET BEEN ABLE TO HOLD ONTO SOME OF ITS RECENT GAINS  AND WE'VE HAD A NICE BOUNCE OFF OF THOSE LATE AUGUST LOWS IN THE  CORN WE BROKE THROUGH SOME MULTI WEEK RESISTANCE UP IN THE UPPER  THREE FORTIES IN THE DECEMBER CONTRACT NOW BE ABLE TO SUSTAIN A TRADE ABOVE THREE FIFTY WHICH IS REALLY PRETTY IMPRESSIVE WHEN  YOU CONSIDER THAT WERE RIGHT IN THE MIDDLE OF HARVESTING A RECORD  CROP THE SOYBEAN MARKET HAS BEEN SUPPORTED BY SOME REALLY  TREMENDOUS EXPORT DEMAND HERE EXPORT SALES AND INSPECTIONS OF ALL AND VERY VERY  STRONG THE EXPORT INSPECTIONS NUMBER ON MONDAY AS A MATTER OF  FACT WAS A GOOD MILLION METRIC TONS ABOVE THE AVERAGE TRADE  GUESS WO REALLY JUST SOME PHENOMENAL DEMAND HERE TO OFFSET SOME VERY VERY STRONG YIELD REPORTS AND WHAT LOOKS TO  BE A RECORD CROP AGAIN JOE VACLAVIK STANDARD GRAIN FROM TEH FLOOR  OF THE CME

AGRIBUSINESS
WELCOME BACK LET'S TALK ABOUT THIS COTTON  COMPLEX JOHN I MEAN WHEN WE LOOK AT THE COTTON RECENTLY WE'VE SEEN A  NICE TICK HIGHER THERE IS IT JUST RELATED TO SOME OF THE DAMAGE  THAT WE'RE SEEING OUT OF HURRICANE MATTHEW  OTHER FORCES THAT ARE PUSHING PRICES HIGHER WELL, PRODUCTION CERTAINLY BEEN AN ISSUE OUT OF THE  HURRICANE HAS BEEN THE STORY BUT A NORTH NORTHWEST TEXAS WHERE  A LOT OF IT IS GROWN HAS HAD A TOUGH YEAR UP TO THIS POINT THEY GOT  SOME HAIL STORMS MIDSEASON AND THEN THAT BROUGHT IN A LOT OF  SPECULATIVE BUYING WELL IN MY OPINION RIGHT NOW YOU SEE THAT THE  COT  REPORTS THAT WE GET WEEKLY ARE SHOWING A LOT OF FOLKS HAVE ALREADY MADE THOSE BUYS SO WHAT WHAT IS  GOING TO PROPEL PRICES HIGHER ?AND I THINK YOU NAILED IT THE  COMMERCIAL SIDE IS GOING OT HAVE TO COME IN HERE AND BUY. WE  SAW SOME OF THE HARVEST REPORT YESTERDAY AND THE CONDITIONS IN  COTTON SHOWED MAJOR DOWNGRADES TO THE NORTH CAROLINA CROP THAT KIND OF BAKED IN THE CAKE HERE. WE'RE  SEEING DECEMBER 16  GO OVER DECEEMBER  '17 AS FAR THE SPREAD GOES THAT'S A BULLISH  SIGNAL BUT FOR US WE LOOK A PLANTED ACREAGE FOR NEXT YEAR. THAT MAY BE  A REASON TO GET SOME SOME HEDGES ON A SHORTER RUN JUST DUE TO THE FACT THAT  PRICES ARE MAKING ANYBODY MONEY IN SOUTH TEXAS OR MID TEXAS,  CORN IS  YOU KNOW DEPENDING ON THE YIELD THOSE FOLKS ARE MAKING A LOT OF  MONEY BUT COTTON PENCILS RIGHT NOW SO WE'RE ACTUALLY SEEING A LOT  OF PRODUCERS LIKE TO TAKE A WHEAT GROUND THEY MOVED BACK A '07  OR '06, AND MOVE THOSE BACK INTO TO COTTON . SO I WOULD LOOK FOR A  BIG JUMP IN ACRES NEXT YEAR MAYBE LOOK FOR A LITTLE PRICE PRESSURE  IN THOSE DEFERRED CONTRACTS THE FRONT MONTHS MAYBE A LITTLE MORE  SUPPORT BECAUSE OF A  THE HURRICANE IN THE SHORTER TERM SUPPLY PICTURE SO RIGHT NOW IN IN THOSE FRONT MONTH CONTRACTS, DO YOU THINK THAT ALL THE PRODUCTION ISSUES ARE THEY PRICED IN AT THIS POINT OR COULD THERE BE MORE TO COME WELL IT CERTAINLY THERE'S MORE TO COME THE HARVEST IS STILL A MONTH,  A MONTH AND A HALF AWAY DOWN IN TEXAS. SO, I WOULD BE IN THE  OPINION THAT I THINK A LOT OF IT IS PRICED IN. YOU'RE SEEING THE FRONT  OF THE CURVE GO OVER THE BACK OF THE CURVE YOU'RE GONNA BRING THAT ACREAGE IN, THEN I'M GOING BACK TO THE  CTO REPORT. THE LONG SPECULATIVE POSITION, WE'RE AS LONG AS WE  WERE IN 2012, AS LONG AS WE WERE IN 2010. AND I THINK THOSE  FOLKS, MY FEAR FOR COTTON IS THAT THOSE FOLKS BAIL OUT OF THEIR LONG  POSITIONS RIGHT AS PRODUCTION IS REALIZED AND THE PRODUCERS SELL.  SO YOU HAVE TWO KIND OF CLASSES OF TRADERS SELLING  NOBODY REALLY THERE TO BUY, I THINK WE SEE A LITTLE BIT OF A VACUUM  ON THE PRICE I THINK COTTON IS SUPPORTED LONGER TERM. BUT I THINK  SHORTERN TERM, HERE, I FEEL LIKE 70 CENTS IS A PRETTY FAIR VALUE.  ALRIGHT THANKS SO MUCH STAY WITH US WE'LL BE BACK WITH MORE DAY  IN JUST A MOMENT

TEASE
HERE'S THE SECRET TO SELLING OLD EQUIPMENT.  PETE'S PICK OF THE WEEK LETS YOU EASILY VIEW  CURRENT MARKET PRICES. JUST TEXT PETE TO 31313  TO GET STARTED

NATIONAL WEATHER
WELCOME BACK TIME NOW TO CHECK WEATHER WITH MIEK HOFFMAN.  MIEK, I KNOW LAST WEEK YOU WERE KEEPING YOUR EYE ON A POSSIBLE  TROPICAL STORM THAT COULD HIT THAT THE ATLANTIC COAST AND IN AREAS  THAT DID NOT NEED IT IS THAT STILL ON THE RADAR IS NO I'D SAY IT'S FARTHER OUT TO SEA IN FACT YOU'LL SEE IT ON THE FAR  RIGHT SIDE OF THE MAP HERE BUT IT DIDN'T COME AS CLOSE AS THE THE  ORIGINAL MODELS A CHANCE OF THAT IS DEFINITELY SOME GOOD NEWS  BUT WHAT IS AFFECTING SOME OF THE FARMING AREAS ACROSS THE  COUNTRY IS A STATIONARY FRONT ACROSS MISSOURI INTO THE OHIO VALLEY  WILL BE SOME AREAS OF SHOWERS ALONG THAT I DON'T SEE ANYTHING HEAVE BUT IT WILL PROBABLY TELL A SHUT YOU  DOWN IN THE FIELD FOR A DAY OR TWO AS THAT SYSTEM MOVES THROUGH  IN THE AREA OF LOW PRESSURE'S AT MOVIES THAT WILL INCREASES  CHANCES FOR SOME RAIN ALSO ANOTHER PRETTY STRONG STORM OUT WEST  AND READY TO COME INTO THE PACIFIC NORTHWEST SO PUTTING THE  MAPS INTO MOTION YOU CAN SEE BY LATER ON TODAY THAT A FIRST VERY LOW PRESSURE  NOTHEASTERN OKLAHOMA SHOWERS ON THROUGH THE OHIO RIVER VALLEY COOLER TO THE NORTH OF THAT WILL AT HIGH PRESSURE PRETTY WARM AND  HUMID FOR THIS TIME OF THE YEAR IN THE SOUTHEAST WITH THAT ONE AND YOU CAN SEE THE NEXT SYSTEM ALREADY STARTING TO SPREAD  SOME RAIN INTO WESTERN WASHINGTON AND OREGON LATER TODAY IN  ALBANY THROUGH OTHER PARTS OF THOSE STATES AND OTHER NORTHERN  ROCKIES BY TOMORROW MORNING RAIN SHOWERS FROM A WESTERN NEW  YORK PENNSYLVANIA ALL THE WAY DOWN INTO TEXAS AS WE HEAD  THROUGH TOMORROW MORNING AND THEN HEADING THROUGH THE DAY  TODAY THAT AREA OF LOW PRESSURE PICKS UP A LITTLE BIT OF STEAM SO DOES  START THOUGH A PUT DOWN A DECENT AMOUNT OF RAIN FROM PARTS OF THE NEW ENGLAND EASTERN GREAT LAKES ALL THE WAY DOWN  INTO THE SOUTHERN MISSISSIPPI VALLEY WITH SOME SHOWERS AND  THUNDERSTORMS ARE MAINLY DRY THEN BETWEEN THOSE TWO SYSTEMS  WITH THAT ONE OUT IN THE PACIFIC NORTHWEST. HERE'S THE PRECIPITATION  ESTIMATE OVER THE PAST TWENTY FOUR HOURS NOT A LOT BUT ADDING IN THE NEXT THIRTY SIX WERE GOING TO HAVE A  FAIR AMOUNT IN SOME AREAS FROM SOUTHEAST MISSOURI THROUGH THE  OHIO VALLEY INTO A PART OF THE EASTERN GREAT LAKES BUT YOU KNOW JUST ALL  DEPENDS ON WHETHER YOUR AREA GET IT BY A THUNDERSTORM OR NOT  THERE AND WE'RE GONNA PUT DOWN SOME PRETTY DECENT AMOUNTS TO THREE  INCH THE INCHES OF RAIN IN WESTERN WASHINGTON NORTHWESTERN  OREGON WITH A PACIFIC NORTHWEST SYSTEM SNOWFALL AMOUNTS PAST  TWENTY FOUR HOURS ADDING ON THE NEXT THIRTY SIX IT'S ALL IN THE  HIGHER ELEVATIONS AND NOTHING REAL HEAVY AT THIS POINT THE WAY IT LOOKS RIGHT NOW  OVER THE NEXT THIRTY SIX HOURS HIGH TEMPS SOUTH OF THAT FRONT THE  EIGHTIES NORTH OF THEIR FIFTIES AND SIXTIES LOWS TONIGHT AS YOU CAN  SEE,THINGS DON'T CHANGE A WHOLE LOT THEY WILL GET A LITTLE COLDER  FARTHER SOUTH IN THE WEST IS OUT FRONT DIPS SOUTHWARD WITH LOTS OF  THIRTIES FROM THE CENTRAL ROCKIES TO THE NORTHWESTERN PLAINS ICE TOMORROW FORTIES AND FIFTIES OF FAR NORTHERN PLAINS STATES STILL  LOTS OF EIGHTY THOUGH IN THE SOUTHEAST THERE IS A JET STREAM EVEN  SEEM TO GET RID OF THE  THE RIDGE IN THE EAST AND WILL REPLACE IT  WITH A TROUGH IS VACANCY AFTER THE WEEKEND BUT THEN THE RIDGE  BUILD RIGHT BACK UP INTO THE MIDDLE OF THE COUNTRY FOR THE MIDDLE OF NEXT WEEK THAT'S A LOOK ACROSS THE COUNTRY  NELLIS A COLLECTIVE

REGIONAL WEATHER
SOME LOCAL FORECASTS WE'LL HEAD TO HE OGDEN UTAH FIRST OF ALL THE BILL OF SUNSHINE AND  COOL TODAY HIGH TEMP OF FIFTY SIX LINCOLN NEBRASKA A MOSTLY CLOUDY  SHOWER IN A FEW SPOTS LIKE THE DAY HIGH OF SIXTY SIX AND MACON  GEORGIA LOTS OF SUNSHINE VERY WARM HIGH AROUND NINETY DEGREES THANKS MIKE. 

TEASE
CALIFORNIA ALMOND GROWERS SHOW  WHAT YOU CAN DO WITH SOME ADDITIONAL SOIL  MOISTURE. LATER...TIME TO PUT-ON YOUR WADERS AND GRAB A  PICK-N-PAN. WE'RE SEARCHING FOR GOLD, LATER ON IN  THE COUNTRY. (    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.   )

PACKER REPORT
AS FARMERS CONTINUE TO DISCOVER HURRICANE  MATTHEW'S WRATH ON AGRICULTURE, IT LOOKS LIKE  GREENBEANS COULD BE IN TIGHT SUPPLY THE  REMAINDER OF THE YEAR.  ACCORDING TO OUR REPORTING PARTNERS AT THE PACKER, WHITEFLY INFESTATION IN SOUTHERN GEORGIA  COUPLED WITH LOSSES FROM HURRICANE MATTHEW IN  NORTH CAROLINA, ARE EATING INTO THE 2016 GREEN  BEAN CROP, LIMITING WHAT'S AVAILBLE IN STORES THE  REST OF THE YEAR. THE EXTENT OF THE LOSSES WON'T BEGIN UNTIL  STATES START TO HARVEST, WHICH IS JUST GETTING  STARTED IN SOUTHENR GEORGIA. GROCERS WILL NOW RELY IN SUPPLIES FROM FLORIDA, BUT THOSE WON'T HIT SHELVES UNTIL AT LEAST  DECEMBER.  CALIFONRIA IS EPXECTED TO PRODUCE A RECORD  ALMOND CROP THIS YEAR BUT THE CASH CROP IS  LOSING VALUE.  IF THE JUST OVER 2 BILLION POUNDS HOLD TRUE FOR  THE 16-17 YEAR, IT WOULD BE AN 8 PERCENT INCREASE  OVER LAST YEAR.  MANY CALIFORNIA FARMERS STILL FACE EXTREME  DROUGHT, BUT REPORTS SHOW SOME TREES ARE  RECOVERING. AND THE LARGER CROP COULD  PRESSURE ALMOND PRICES EVEN MORE.  GROWERS RECEIVED 4 DOLLARS A POINT IN THE 14-15  YEAR. LAST YEAR? IT WAS 2-84 A POUND.THAT'S A SHARP DROP, BUT STILL THE THIRD HIGHEST  PRICE ON RECORD. 

TEASE
UP NEXT, THE POPULARITY OF A T-V SHOW WHERE  MINERS ARE HOPING TO HIT IT BIG IS PROMPTING A  RESURGENCE IN GOLD MINING. AND THIS TIME, IT'S FOR THE ENTIRE FAMILY.

IN THE COUNTRY
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. ) A GROWING NUMBER OF NEW ENGLANDERS ARE  SPENDING THEIR WEEKENDS ON THE STREAMS  PROSPECTING FOR GOLD. ONE PROSPECTOR SAYS HE  IS LURED BY THE JOY OF GOING OUT WITH FRIENDS AND  SHARING KNOWLEDGE WITH OTHERS — NOT THE VALUE  OF GOLD. (   A GROWING NUMBER OF NEW ENGLANDERS ARE  SPENDING THEIR WEEKENDS ON THE STREAMS  PROSPECTING FOR GOLD. <BRIAN SHELDON, GOLD PROSPECTOR: "MY WIFE'S ALWAYS JOKING  AROUND, SAYING EVERY TIME I COME HOME, 'HOW MUCH GOLD DID  YOU GET? HOW MUCH GOLD DID YOU GET?'> THE GOLD PANNERS NUMBER AROUND 3,000 MOSTLY IN  VERMONT, MAINE AND NEW HAMPSHIRE. THEY  TYPICALLY SPEND SUMMERS KNEE-DEEP IN STREAMS,  BROOKS AND RIVERS — EQUIPPED WITH LITTLE MORE  THAN SHOVEL AND A PAN.  IT'S NOT ABOUT GETTING A LOT OF GOLD, IT'S ABOUT THIS — GOING OUT  WITH FRIENDS, TEACHING NEW PEOPLE. THAT'S WHERE THE JOY OF IT IS.  IT'S NOT IN THE VALUE OF THE GOLD."> STILL, SOME NEWCOMERS HAVE BEEN ATTRACTED BY A SLEW OF REALITY T-V SHOWS LIKE "GOLD RUSH" AND  "YUKON GOLD" THAT MADE GOLD MINING SEEM  ADVENTUROUS AND PROFITABLE. "YOU GET ASKED TWO QUESTIONS: PEOPLE WILL SAY 'WELL, GEE,  WHERE'D YOU FIND THAT?' OR PEOPLE WILL SAY, 'WELL, HOW MUCH IS THAT  WORTH?' WELL, THE PEOPLE WHO SAY 'HOW MUCH IS IT WORTH?' ARE NOT  GOLD PANNERS, YOU KNOW THAT RIGHT OFF THE BAT. THE PEOPLE THAT  SAY 'WHERE'D YOU FIND THAT?' THEY'RE GOLD PANNERS. THEY WANT TO  KNOW LOCATIONS."  > SOME ARE DRAWN BY THE HISTORY OF GOLD MINING  THAT DATES BACK TO THE 1850S IN THE REGION.  BUT WITH THE INTEREST HAS COME CONTROVERSY.  ENVIRONMENTALISTS COMPLAINED MECHANIZED  MINING POSES A THREAT TO RIVER SYSTEMS. <NATS OF YOUNG KID TALKING TO DAD>BUT FOR MANY OUT HERE - ESPECIALLY THOSE WITH  KIDS IN TOW - IT'S ABOUT TIME IN THE GREAT  OUTDOORS. IT'S REALLY A GREAT FAMILY-FRIENDLY  HOBBY. I THINK THAT'S WHY A LOT OF PEOPLE GET HOOKED ON IT. IT'S  IMPORTANT FOR PEOPLE TO HAVE THE OPPORTUNITY TO GET TOGETHER TO  DO THINGS. WE HAD A BIG OUTING A COUPLE OF WEEKENDS AGO, AND  THERE WERE 75 PEOPLE THERE. I THINK AT ANY GIVEN POINT THERE WERE  AS MANY PEOPLE TALKING AS GOLD PANNING."> LOOKS LIKE A LOT OF FUN - BUT I'M NOT SURE I'M  DRAGGING MY GIRLS ALONG.

CLOSE
THAT'S ALL THE TIME WE  HAVE THIS MORNING. WE'RE GLAD YOU TUNED IN.  FOR CLINTON GRIFFITHS, BETSY JIBBEN AND MIKE  HOFFMAN, I'M TYNE MORGAN. HAVE A GREAT DAY.

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