AgDay Daily Recap - September 17, 2018

September 17, 2018 02:57 AM
 
AgDay

TODAY ON AGDAY
SEPTEMBER 17, 2018

HEADLINES

IS THE PRESIDENT READY TO RATCHET UP TARIFFS ON CHINA?PLUS, WHAT DOES THE TRADE WAR MEAN FOR CROPS IN THE NORTHERN PLAINS. IN AGRIBUSINESS...WATCHING THE FUNDAMENTALS. MACHINERY PETE HAS PRICE DETAILS ON 55 SERIES TRACTORS.AND DON'T FORGET ABOUT LAWMOWER SAFETY.AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.

PRESSURING CHINA
GOOD MORNING I'M CLINTON GRIFFITHS. AMERICAN AGRICULTURE CONTINUES TO FACE A MOVING TARGET ON TRADE AS NEW REPORTS SAY THE PRESIDENT IS ADDING PRESSURE ON CHINA. MULTIPLE REPORTS FRIDAY SAYS PRESIDENT TRUMP IS INSTRUCTING AIDS TO MOVE AHEAD WITH 200 BILLION DOLLARS IN TARIFFS ON CHINESE PRODUCTS. U.S. STOCKS REACTING NEGATIVELY TO THE NEWS ON FRIDAY. THE PRESIDENT TWEETING THAT THE U.S. IS IN UNDER NO PRESSURE TO MAKE A DEAL WITH CHINA. EARLIER IN THE WEEK IT SEEMED THE ADMINISTRATION WAS READY TO WORK TOWARD A RESOLUTION SENDING A NOTE TO CHINESE TRADE OFFICIALS ASKING FOR NEW TALKS. CHINESE OFFICIALS REACTING LAST WEEK, SAYING WHILE CHINA WAS "SERIOUS" ABOUT RESOLVING THE STAND-OFF THROUGH TALKS, IT WOULD NOT BE ROLLED OVER. "MY FARMERS ASK ME ABOUT AS VALID AS VALID OF A QUESTION AS IT GETS: WHEN DOES THIS END? MCKINNEY: MY HOPE IS THE HOPE GOING   ON WITH MY FRIENDS AT USTR ON THINGS LIKE NAFTA AND JAPAN AND   THEN ALL THE OTHER BI-LATERALS WILL BRING THIS BACK. THAT IS MY INTENT AND THAT'S WHAT WE ARE DOING TO SUPPORT THEM. DONNELLY: HOW      DO WE BRING THIS BACK IF WE'RE IN THE PROCESS OF ANOTHER 200 BILLION DOLLARS WORTH OF TARIFFS IN THE NEXT MONTH OR SO? 13,  THEY SAID ANOTHER 260 BILLION IS COMING. IT SEEMS LIKE THE LIGHT AT THE END OF THE TUNNEL THERE'S A TRAIN COMING AT MY FARMERS."CHINESE OFFICIALS SAYING LAST WEEK, "THE TRUMP ADMINISTRATION SHOULD NOT BE MISTAKEN THAT CHINA WILL SURRENDER TO THE U.S. DEMANDS. ADDING THAT IF THE US IMPOSES NEW LEVIES ON CHINESE IMPORTS THEN BEIJING "WILL NOT HESITATE TO TAKE COUNTERMEASURES.THE IMPACTS OF THE TRADE DISPUTE IS STARTING TO PILE UP.

GRAIN SHIPMENTS
THAT INCLUDES GRAIN IN THE NORTHERN PLAINS WHERE BASIS IS FALLING AND SHIPMENTS TO THE PACIFIC NORTHWEST ARE NOW A TRICKLE.  UNIVERSITY OF ILLINOIS' TODD GLEASON HAS MORE ON WHAT THAT MEANS FOR TRANSPORTATION THIS FALL.THIS FALL FARMERS WILL HARVEST A RECORD SIZED SOYBEAN CROP. USDA SAYS ABOUT 4.7 BILLION BUSHELS. THEY'LL NEED A HOME AND FARMERS    IN NORTH DAKOTA ARE REALLY WORRIED. ABOUT 2/3RDS OF THEIR CROP IS SHIPPED BY RAIL TO THE PACIFIC NORTHWEST FOR EXPORT TO CHINA. THE TRUMP ADMINISTRATION TRADE POLICIES HAVE MOSTLY CLOSED THAT MARKET SAYS NORTH DAKOTA HEITKAMP :WHAT I WOULD TELL YOU IS NOT ONLY HAVE YOU DISRUPTED THE MARKETS AND WE HAVE TAKEN A HAIRCUT, YOU MAY NOT BE ABLE TO SELL THEM WHICH IS SOMETHING I'VE BEEN TALKING ABOUT FOR A LONG TIME. HEITKAMP WAS SPEAKING TO FARMERS IN FARGO AT THE BIG IRON FARM SHOW THIS WEEK. THE CASH PRICE OF SOYBEANS HAS TUMBLED ACROSS THE WHOLE OF THE MIDWEST AND SOME ELEVATORS ARE TELLING FARMERS NOT TO BRING THEIR BEANS TO TOWN. THOSE SOYBEANS FROM THE DAKOTA'S AND MINNESOTA ARE GOING TO TRY AND FIND ANOTHER WAY OUT OF THE COUNTRY. THAT'S PROBABLY THROUGH ST. LOUIS AND DOWN THE MISSISSIPPI RIVER. IT'S A BRUTAL CASH PRICE SITUATION THAT BACKS RIGHT UP INTO ILLINOIS SAYS TODD HUBBS. HUBBS :I HOPE SOME   PEOPLE PUT IN AT $10 TO $10.30. NOW IT IS JUST A LOT OF DAMAGE LIMITATION AND HOPEFULLY YOU GET A GOOD YIELD AND YOU CAN MARKET SOME OF THOSE SOYBEANS RIGHT ACROSS THE SCALE, BUT YOU ARE LOOKING AT REALLY LOW PRICES. HUBBS IS COMMODITY MARKETING  SPECIALIST FROM THE UNIVERSITY OF ILLINOIS. THE ONLY OTHER OPTION HE SEES IS FOR FARMERS TO STORE SOYBEANS ON THE FARM AND TO HOPE FOR AN END TO THE TRADE DISPUTE WITH CHINA OR FOR A WEATHER PROBLEM IN BRAZIL OR BOTH. THOUGH HE ADMITS HOPE IS NOT A STRATEGY.

AFRICAN SWINE FEVER
ONE WILDCARD IN THE SUPPLY DEMAND PICTURE IS A GROWING OUTBREAK OF AFRICAN SWINE FLU CHINESE OFFICIALS STRUGGLING TO CONTROL THE SPREAD OF THE VIRUS--10 ADDITIONAL REGIONS HAVE NOW BANNED LIVE HOGS AND PIG PRODUCTS.THE NEW REGIONS ALL LOCATED IN THE SIX PROVINCES   REPORTING ASFOUTBREAKS IN RECENT WEEKS.PORK PRICES IN AT LEAST ONE PROVINCE HAVE INCREASED   23% SINCE THE OUTBREAK, DUE TO THESE TRANSPORTATION BANS. PORK MAKES UP ABOUT TWO-THIRDS OF CHINA'S MEAT CONSUMPTION.

CHINA FMD OUTBREAK
  ALSO LATE LAST WEEK, NEW REPORTS FROM CHINA OF AN OUTBREAK OF FOOT AND MOUTH DISEASE IN CATTLE. CHINA'S MINISTRY OF AGRICULTURE REPORTING AUTHORITIES DISCOVERED THE OUTBREAK ON SEPTEMBER 6TH. LOCAL GOVERNMENT OFFICIALS CULLING NEARLY 50 HEAD.  THEY SAY THE OUTBREAK IS UNDER CONTROL. 

HURRICANE FLORENCE
ASSESMENTSARE UNDERWAY FOLLOWING THE ARRIVAL OF HURRICANE FLORENCE. 25 BILLION DOLLARS IN AG PRODUCTION AT RISK FROM THE STORM. THE NATIONAL HURRICANE CENTER SAYS THAT "CATASTROPHIC" FRESHWATER FLOODING IS EXPECTED TOCONTINUE...AS SOME ESTIMATE UP TO 10 TRILLION GALLONS OF WATER COULD FALL ACROSS THE SOUTHEAST. THE STORM COMING ASHORE AS A CATEGORY 1 STORM. ITS INTENSITY DIMINISHING AS IT NEARED LAND, WITH WINDS DROPPING TO 90 MPH. HUNDREDS OF THOUSANDS ARE NOW WITHOUT POWER.THE STORM'S SLOWING FORWARD MOVEMENT AND HEAVY RAINS MAGNIFYING THE FLORENCE'S IMPACT.FARMERS IN THE AREA SPENT LAST WEEK PREPPING FOR THE  ARRIVAL OF FLORENCE.WE SHOULD KNOW MORE ABOUT THE POTENTIAL DAMAGE TO CROPS AND LIVESTOCK AS THE WEEK UNFOLDS. ANALYSTS AT S&P GLOBAL PLATTS SAY UP TO 30 PERCENT OF THE SOYBEAN CROP WAS AT RISK IN THE CAROLINA'S AND VIRGINA.

TARIFF IMPACTS, FARM BILL
TARIFF IMPACTS, PRICE SUPPORT AND FARM INCOME ALL PART OF THE DISCUSSIONS AROUND COMPLETING A NEW FARM BILL.CHAIRMAN OF THE SENATE AG COMMITTEE TELLING THEIR COUNTERPARTS IN THE HOUSE THEY BETTER PLAN ON BEING AT WORK NEXT WEEK.POLITICO REPORTING KANSAS SENATOR PAT ROBERTS MADE THE STATEMENT LATE WEDNESDAY. THE HOUSE IS SCHEDULED TO BE OUT OF SESSION NEXT WEEK.ROBERTS SAYS THE CONFERENCE COMMITTEE IS RUNNING OUT OF TIME TO FINISH THE FARM BILL BEFORE THE CURRENT FARM BILL EXPIRES ON SEPTEMBER 30TH. WASHINGTON INSIDERS TELL AGDAY, THERE'S ALREADY WORK    UNDERWAY PREPPING LEGISLATION FOR A POSSIBLE EXTENSION OF THE FARM BILL IF THE DEADLINE PASSES WITHOUT A COMPROMISE.

CROP COMMENTS
CINDI CLAWSON IS JOINING US THIS MORNING FOR A LOOK   AT CROP COMMENTS. GOOD MORNING, CINDI. OUR FIRST CROP COMMENT COMES FROM CODY MCDANIEL LOCATED OUT IN MONTANA. CODY SAYS HE'S THANKFUL FOR THE IRRIGATED CROPS AND HOW THEY'RE MATURING IN HIS AREA. HE SAYS THAT'S BECAUSE HIS REGION RECEIVED VERY LITTLE MOISTURE SINCE JUNE. OUR NEXT PICTURE COMES FROM DERERK DEMERS WHO IS PICKING CANOLA NEAR ST. JOHN, NORTH DAKOTA. HE SAYS HE IS HALF-WAY DONE. RAIN HAS SLOWED HIM DOWN. OTHERWISE, HE WOULD HAVE FINISHED CANOLA A FEW DAYS AGO. COMING UP WE'RE GOING TO HAVE YOUR NATIONAL FORECAST. BUT FOR NOW HERE ARE SOME HOMETOWN TEMPS.

TEASE
COMING UP, THE PACIFIC NORTHWEST PORT IS PUTTING PRESSURE ON BEAN PRICES. CHIP FLORY EXPLAINS IN ANALYSISAND MACHINERY PETE IS HERE!STAY TUNED FOLKS. COMING UP WE'RE GOING TO TALK ABOUT THE POPULAR JOHN DEERE 55 SERIES TRACTORS.AND LATER, MOWING SEASON MAY BE WRAPPING UP IT'S ALWAYS SMART TO THINK SAFETY FIRST.

FLOOR OF THE CME
LIVESTOCK MARKETS RALLIED TO END THE WEEK. LET'S SEE WHAT CONTRIBUTED TO THE GREEN AT THE CME FLOOR IN CHICAGO. WE'VE GOT SOME BIG NEWS IN LIVESTOCK TODAY ESPECIALLY IN THE CATTLE. IT SURGED TODAY THE CHINESE REPORTED THE FOOT AND MOUTH DISEASE CAME OUT TODAY. THAT REALLY SURPRISED EVERYONE AND GOT THE MARKET OFF TO A BIG START. IT REALLY TOUCHED DOWN LIMIT UP TODAY AND WITH THIS OUTBREAK IT'S REALLY EXACERBATED THE TROUBLES THAT THE LIVESTOCK SECTOR ALREADY HAS IN CHINA AND ALSO OUR IMPROVED DOMESTIC DEMAND FOR BEEF IS AS UNDERPINNING THIS RALLY AS WELL. SO THAT'S MAKING THE MARKET REALLY STRONG. THE STORY IS THE WATCHES THAT THE FEEDERS ARE HIGHER. THEY REALLY TESTED THE LIMITS HERE AND WHAT DOES THAT TELL US. THAT TELLS US THAT THERE IS AN IDEA THAT THEY THINK THAT THE MARKET IS GOING TO BE A LONG TERM ISSUE AND IT SEEMS THAT WITH THAT LONG TERM ISSUE THAT THIS WILL BE JUST ENOUGH TO KEEP DRIVING THE MARKET. THAT'S ALL FROM THE FLOOR AT THE CME GROUP HERE IN CHICAGO AND VIRGINIA MCGATHEY. 

AGRIBUSINESS
FROM USDA' REPORTS TO TRADE TENSIONS, THERE WAS PLENTY OF FUNDAMENTALS FOR TRADERS TO DIGEST. WHERE ARE WE HEADED THIS WEEK, TYNE MORGAN ASKS CHIP FLOREY IN TODAY'S ANALYSIS FROM THE ROAD. HERE NOW WITH CHIP FLORY HOST OF AGRITALK AND AGRITALK AFTER THE BELL AND CHIP YOU KNOW WE'VE HAD SOME TIME TO DIGEST THIS WAS THE REPORT. BIG NUMBERS IN CORN A BIGGER CORN YIELD THAN THE TRADE EXPECTED A LARGE INCREASE IN SOYBEAN YIELD. I MEAN HOW BIG OF A CROP CAN THIS MARKET HANDLE RIGHT. WELL ON CORN I THINK THE MARKET REACTION SHOWED US THAT EVERYBODY WAS LEAN IN THE WRONG WAY. I TALKED ABOUT IT SEVERAL TIMES. THERE WAS A CROWD GATHERING AT FOURTEEN POINT FIVE BILLION BUSHELS FOR THE CORN CROP. WELL IF THE CROWD IS GATHERING YOU PROBABLY WANT TO STEP AWAY FROM IT BECAUSE IT'S GOING TO BE WRONG IN THE MARKETPLACE AND THAT'S HOW IT TURNED OUT. I DON'T THINK THAT THAT CORN CROP IS GOING TO GET MUCH BIGGER FROM THIS POINT. REASON 214 IN ILLINOIS 2 0 6 OR 7 IN IN IOWA. THOSE ARE HUGE NUMBERS. WE'VE GOT TO WAIT FOR SCALE TO GET SOME YIELD MONITORS. BUT ON SOYBEANS I THINK THE MARKET REALLY DID A NICE JOB OF ANTICIPATING WHERE USDA WAS GOING TO END UP AND WE ENDED IN THE GREEN THAT DAY. BUT CHIP WE HAVE A LOT OF SOYBEANS ON OUR HANDS. OH EXPORTS AREN'T ANYTHING TO BRAG ABOUT. AND SO IT SEEMS LIKE IT IS JUST NOT THE THIS STORY IN SWEEPINGS ISN'T GETTING ANY BETTER. WELL THE STORY IN SOYBEANS IT ALL REVOLVES IN MY OPINION AROUND THE PNW THE PACIFIC NORTHWEST IF WE CAN CATCH A BED OUT OF THE PNW THAT'S GOING TO FIRM UP OUR GOLF BASES BECAUSE OUR EXPORTS THEY'RE NOT AS BAD AS PEOPLE SAY THAT THEY ARE. WELL HERE WE ARE MONDAY WHAT ARE YOU WATCHING IN THE MARKET THIS WEEK. BOY HARVEST PROGRESS ON THE WATCH AND THE WEATHER. I'M GOING TO TRY TO ASSESS THE DAMAGE FROM HURRICANE FLORENCE AND THEN TRADE TALKS ARE WE ACTUALLY GOING TO GET BACK TO THE TABLE RIGHT. YEP AND CONGRESS FARM BILL. I MEAN WE'RE WAITING TO SEE THAT TOO. REALLY I THINK THAT THE HEADLINE RIGHT NOW IS TRADE TRADE. YEAH YEAH. NOW THAT WE'VE GOT THE NUMBERS FROM USDA FOR SEPTEMBER OUT OF THE WAY LET'S PUT OUR FOCUS RIGHT BACK ON TRADE. ALL RIGHT CHIP FLORI THANK YOU SO MUCH FOR JOINING US. LET'S TAKE A QUICK BREAK AND THEN WE'LL HAVE MUCH MORE ON AG DAY ON THIS MONDAY. 

WEATHER
WELCOME BACK TO AGDAY. WE'RE GOING TO START OFF WITH THE LATESTU.S. DROUGHT MONITOR IN THE EASTERN PART OF THE COUNTRY ACTUALLY LOOKING PRETTY GOOD. IN FACT WE'RE PROBABLY GOING TO SEE THIS WIPED OUT FROM THE REMNANTS OF HURRICANE FLORENCE. BUT IN THE SOUTHWEST ESPECIALLY OVER TOWARDS THE FOUR CORNERS REGION WE ARE STILL EXTREMELY DRY ALSO IN PARTS OF MISSOURI NORTHEASTERN KANSAS WERE REALLY DRY AND SOME OF THE NORTHERN TIER STATES AND IT'S GETTING EVEN DRIER OUT INTO THE PACIFIC NORTHWEST. LET'S TAKE A LOOK AT THE RAIN THAT WE SAW OVER THE LAST WEEK. NOW THIS IS ESTIMATED FROM SATURDAY ON THROUGH FRIDAY. SO THIS DOESN'T INCLUDE ALL OF HURRICANE FLORENCE. SO YOU CAN SEE THAT OBVIOUSLY AS IT WAS MAKING LANDFALL WE HAD A LOT OF RAIN ALREADY COMING THROUGH SO THIS WOULD BE EVEN BIGGER WHEN WE COME TO YOU. NEXT WEEK WE'LL STILL HAVE SOME OF THOSE REMNANTS. ANOTHER AREA THAT'S SEEN A LOT OF RAIN IS PARTS OF THE OHIO VALLEY AND IN THE TENNESSEE VALLEY SOUTHERN PARTS OF INDIANA SOUTHERN PARTS OF ILLINOIS AS WELL. AND WE ALSO HAD A FAIR AMOUNT ALONG THE GULF COAST OF TEXAS. LET'S TAKE A LOOK AT WHAT WE HAVE IN STORE FOR US. HERE'S THE JET STREAM. WE STILL HAVE A BIG RIDGE IN THE EASTERN PART OF THE COUNTRY A BIT OF A TROUGH OUT WEST AS WE HEAD THROUGH WEDNESDAY. WE DON'T SEE A WHOLE LOT OF CHANGE BUT THEN FURTHER INTO THE WEEK WE START TO SEE THAT TROUGH MAKING A LITTLE BIT OF MOVEMENT TO THE EAST. THE RIDGE BUILDS JUST A LITTLE BIT ON THE FAR EASTERN PART OF THE COUNTRY AND THEN HEADING TOWARDS FRIDAY WE SEE JUST THAT LITTLE DIP THERE THAT COULD BRING A STORM SYSTEM AND SOME COOLER TEMPERATURES STARTING TO DIP DOWN FROM CANADA BY NEXT MONDAY. TEMPERATURES OVERALL ABOVE NORMAL THIS WEEK FOR MUCH OF THE COUNTRY. LOOKS LIKE THE COOL SPOTS WILL BE UP INTO THE NORTHWESTERN UNITED STATES FAIRLY NORMAL INTO THE UPPER GREAT LAKES AND INTO THE NORTH EAST. PRECIPITATION WISE IT LOOKS LIKE IT'S GOING TO BE ON THE WEST SIDE IN MUCH OF THE MID-ATLANTIC NORTHEASTERN STATES MOST OF THE NATION'S MIDSECTION DOWN TO TEXAS AND UP INTO THE NORTHERN   PLAINS A LITTLE ON THE DRY SIDE THOUGH IN PARTS OF THE WEST ESPECIALLY OVER TOWARDS CALIFORNIA. A LITTLE BIT FURTHER INTO THE FUTURE WE'RE GOING TO TAKE A LOOK AT OUR 30 DAY TEMPERATURES AND WE'LL SEE WARM TEMPERATURES IN THE NORTHEAST ALSO IN MUCH OF THE NORTHWEST. A LITTLE COOL FOR FOLKS IN THE SOUTHERN PLAINS UP INTO MISSOURI BUT FAIRLY NORMAL FOR A LOT OF THE CORN BELT ESPECIALLY NORTHERN PARTS OF THE CORN BELT AND THE EASTERN CORN BELT FAIRLY NORMAL TEMPERATURES IN THE SOUTHEAST AS WELL. AND THEN AS WE TAKE A LOOK AT THE PRECIPITATION OVER THE NEXT 30 DAYS THAT'S A BIG ONE. PLUS FOLKS TRYING TO HARVEST WILL SEE ABOVE NORMAL PRECIPITATION ALONG THE GULF COAST STATES AND THROUGH MUCH OF THE PLAINS STATES SHOULD BE FAIRLY NORMAL AND MOST OF THE NORTHEAST A LITTLE ON THE DRY SIDE THOUGH IN PARTS OF THE WEST. THAT'S A LOOK AT YOUR NATIONAL FORECAST. NOW LET'S CHECK OUT THE WEATHER WHERE YOU LIVE. CONRAD MONTANA PARTLY TO MOSTLY SUNNY SKIES TODAY WITH A HIGH OF 59 DEGREES. HIGHLAND MISSOURI MOSTLY SUNNY AND WARM WITH A HIGH OF 86 DEGREES AND CENTRAL CITY PENNSYLVANIA. SHOWERS AND THUNDERSTORMS WITH A HIGH OF 71. 

TEASE
COMING UP MACHINERY PETE LOOKS AT THE EVER CHANGING 55 SERIES TRACTOR PRICES.AND A SAFETY REMINDER FOR PARENTS SENDING KIDS OUT TO MOW THE LAWN. 

MACHINERY PETE
IN MACHINERY PETE TV-GREG LOOKS AT CHANGING PRICES OF JOHN DEERE'S 55 SERIES TRACTOR AND EVEN COMPARES THEM TO THE YEAR HE STARTED COMPILING DATA. HERE'S MACHINERY PETE. WELL JOHN DEERE STARTED MAKING THE POPULAR 55 SERIES TRACTORBACK IN 1989. ACTUALLY THE EXACT SAME YEAR I STARTED COMPILING AUCTION SALE PRICES. NOW YOU'RE ONLY MADE THIS MODEL FOR A FEW YEARS UP THROUGH 1992. BUT I TELL YOU WHAT THESE 55 SERIES ARE REALLY POPULAR. AND A COUPLE AUCTION PRICES RECENTLY PROVE THE POINT. NOW HERE'S A PICTURE FROM A FARM SALE IN CENTRAL MINNESOTA BACK ON SEPTEMBER 4TH. THIS IS A 1992. JOHN DEERE 4455 FRONT WHEEL ASSIST 2162 HOURS ON IT ONE FOR SIXTY FOUR THOUSAND FIVE HUNDRED DOLLARS. NOW FOLKS THAT'S THE HIGHEST AUCTION PRICE IN THREE YEARS ON A 4455. NOW FOR PERSPECTIVE SAKE SO FAR THIS YEAR THE AVERAGE AUCTION PRICE ON A 4455. IT'S THIRTY FOUR THOUSAND NINE HUNDRED FORTY SIX DOLLARS WITH A HIGH OF 64 5. ONE WE JUST SAW AN ON THE LOW SIDE DOWN TO SEVENTEEN THOUSAND FIVE HUNDRED DOLLARS. NOW FOR MORE PERSPECTIVE YOU GO BACK 17 YEARS TO THE YEAR 2001 YOU KNOW WHAT THE AVERAGE AUCTION PRICE ON A 4455 WAS THIRTY THREE THOUSAND SEVEN   HUNDRED DOLLARS. NOW LAST MONDAY ON A FARM AUCTION IN CENTRAL SOUTH DAKOTA ANOTHER 55 A HOT SELLER THIS 1992 4255 TO WHEEL DRIVE THAT HAD 40433 HOURS ON IT SOLD FOR FORTY FIVE THOUSAND DOLLARS AND FOLKS THAT IS THE HIGHEST AUCTION PRICE IN TWO YEARS ON A TWO WHEEL DRIVE 4255. SALES OF U.S. TRACTORS AND COMBINES REMAIN STRONG FROM A YEAR AGO. ACCORDING TO THE ASSOCIATION OF EQUIPMENT MANUFACTURERS LATEST REPORT, SALES OF U.S. SELF-PROPELLED COMBINES RISING 24 PERCENT THROUGH AUGUST COMPARED TO LAST YEAR AND SALES OF 4-WHEEL DRIVE TRACTORS GROWING 13 PERCENT. MACHINERY PETE SAYING USED COMBINE VALUES ARE STRONG AS WELL. "THE ONE AND TWO YEAR OLD ONES ARE STRONG WHEN THEY SHOW UP AT AUCTIONS. I THINK PEOPLE WANT THE WARRANTLY. THEY ARE ALSO LOOKING AHEAD AT THE COST OF STEEL AND ALUMINUM COSTS GOING UP. SO THEY THINK OH MY GOSH. HERE'S A ONE YEAR WARRANTLY. NOW WHEN THEY BECOME AVAILABLE, IT'S A HOT ITEM." MACHINERY PETE SAYS HISTORICALLY, HARVEST IS MORE OF A QUIET PERIOD TO BUY FROM AUCTIONS BUT HE'S SEEING MORE ACTION HERE IN 2018. DESPITE THE GROWTH, AEMSAYS THERE ARE CONCERNS FOR THE FUTURE INCLUDING -- A POTENTIAL RE-WRITE OF NAFTA, TRADE WARS AND A DECLINE IN NET FARM INCOME.

TEASE
FARMER'S OFTEN SPEND A LOT OF TIME ON A LAWNMOWER. UP NEXT WE'LL TALK THE IMPORTANCE OF SAFETY WHILE   CUTTING THE GRASS.

IN THE COUNTRY
WHEN YOU HAVE YOUR OWN FARM, MOWING IS PART OF THE LONG LIST OF CHORES. LOTS OF ACRES MEANS  LOTS OF TIME ON A LAWN MOWER. BUT EVERY SUMMER, THOSE MOWERS SEND THOUSANDS OF KIDS TO THE E-R. MEGAN NOE WITH THE UNIVERSITY OF MISSOURI INTRODUCES US TO A FAMILY HOPING THEIR ACCIDENT WILL SERVE AS A WARNING TO OTHERS. FOUR-YEAR-OLD KANSAS MOUNTAIN IS STARTING PRESCHOOL THIS YEAR…WITH SPARKLY SHOES AND A PINK PROSTHETIC. SHE'S COME A LONG WAY SINCE 2016, WHEN A LAWNMOWER CHANGED HER LIFE FOREVER. SHE DECIDED SHE WANTED A RIDE WITH DAD AND STARTED RUNNING TOWARDS THE MOWER AS HE WAS BACKING UP. HE DIDNʼT SEE HER. AND THE MOWER KNOCKED HER DOWN AND RAN OVER HER LEG." AN ACCIDENT… THAT IS ALL TOO COMMON. 'ITʼS LIKE A DREAM THAT YOU NEVER WAKE UP FROM." ACCORDING TO THE CONSUMER PRODUCT SAFETY COMMISSION, LAWNMOWER INJURIES SEND MORE THAN 90 THOUSAND PEOPLE TO THE E-R EACH YEAR, INCLUDING 45-HUNDRED CHILDREN…AND THE INJURIES ARE OFTEN SEVERE."LAWNMOWER INJURIES ARE VERY UNIQUE IN THAT THEY COME IN VERY, VERY CONTAMINATED, AND IT REALLY LIMITS KIND OF THE OPTIONS WE HAVE TO RECONSTRUCT THESE LIMBS."DOCTOR SUMIT GUPTA IS A PEDIATRIC ORTHOPAEDIC SURGEON AT UNIVERSITY OF MISSOURI HEALTH CARE. HE RECOMMENDS SEVERAL SAFETY PRECAUTIONS, LIKE KEEPING KIDS    INSIDE - OR FAR AWAY - WHILE THE MOWER IS RUNNING."BE VERY AWARE OF YOUR SURROUNDINGS. CHILDREN DON'T UNDERSTAND AT THE VERY YOUNG AGE THAT THEY CAN'T RUN OUT INTO THE LAWN." DR. GUPTA SAYS CHILDREN SHOULD NEVER BE ALLOWED TO RIDE ON A RIDING LAWNMOWER.THEY SHOULD BE 12 YEARS OLD BEFORE OPERATING A PUSH MOWER, AND 16 BEFORE OPERATING A RIDING MOWER. DESPITE THE ACCIDENT, KANSAS HASN'T SLOWED DOWN A BIT…LEARNING TO AMAZING HER FAMILY EVERY DAY. FROM THE UNIVERSITY OF MISSOURI, I'M MEGAN NOE DR. GUPTA REMINDS EVERYONE ABOUT THE IMPORTANCE OF PERSONAL PROTECTIVE GEAR LIKE GLOVES, BOOTS, LONG PANTS AND EYE PROTECTION. AND DON'T FORGET TO MAKE SURE THE YARD IS FREE OF DEBRIS BEFORE YOU START.


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.

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