USFR Weekly Recap - August 13-14, 2016

August 13, 2016 03:30 AM
 

TODAY ON U.S. FARM REPORT
AUGUST 13-14, 2016


OPENING HEADLINES:
<FROM THE STUDIOS OF FARM JOURNAL BROADCAST,  THIS IS U.S. FARM REPORT.>  WELCOME TO U.S. FARM REPORT. I'M TYNE MORGAN,  AND HERE'S WHAT WE'RE WORKING ON FOR YOU. USDA HITS THE MARKET WITH ITS LATEST TAKE ON  YIELD... WE HAVE COMPLETE ANALYSIS.   A VIRAL CALL FOR CHANGE IS CAUSING A SHAKE UP  AMONG CHERRY GROWERS...  <"IT'S CREATED A MISTRUST TO CONSUMERS ABOUT THE TART CHERRY INDUSTRY,">   OUR FARM JOURNAL REPORT HAS BOTH SIDES, AND IT'S A BATTLE OVER PRICE AND TRADE.   I'M ANDREW MCCREA. I'LL TAKE YOU TO THE BIRTHPLACE OF THE FIRST OLYMPIC BASKETBALL TEAM.   HE WROTE THAT THEY WOULD SHOOT THE BALL MUCH LIKE A PATRON WOULD DUNK THEIR DOUGHNUT INTO THEIR  COFFEE >  IT'S A BASKETBALL TEAM THAT DEFIED THE ODDS DURNG THE GREAT DEPRESSION IN THIS WEEK'S   AMERICAN COUNTRYSIDE.  AND IN JOHN'S WORLD... WE SAID GOODBYE TO A GOOD FRIEND.  USDA FORECASTS CORN CROP:
NOW FOR THE NEWS THAT MOVED THE MARKETS THIS  WEEK, USDA ANSWERING THE QUESTION OF JUST HOW BIG IS THIS YEAR'S CORN CROP REPORT USDA'S YIELD FORECAST COMING IN AT THE VERY TOP END OF TRADE GUESSES AT A WHOPPING 175 POINT 1. THAT'S A 7 BUSHEL JUMP FROM JULY. AND TOTAL PRODUCTION IS FORECAST TO BE UP 11 PERCENT FROM LAST YEAR AT A RECORD 15 POINT 2 BILLION BUSHELS. YES, I SAID 15. THAT'S MUCH HIGHER THAN THE AVERAGE TRADE GUESS. AND FOR SOYBEANS, USDA'S YIELD ESTIMATE IS 48 POINT 9, ALSO HIGHER THAN WHAT THE TRADE WAS THINKING. AND PRODUCTION IS PEGGED AT A RECORD, JUST OVER 4 BILLION BUSHELS. THAT'S A JUMP FROM BOTH THE JULY NUMER AND THE TRADE GUESS.  ENDING STOCKS:
CHECKING OUT ENDING STOCKS, THE 15 TO 16 MARKETING YEAR COMING IN BELOW TRADE ESTIMATES, AT 1 POINT 7 BILLION. THE AGENCY CUTTING SOYBEAN STOCKS, DOWN TO 25 MILLION. LOOKING AT THE 16-17 MARKETING YEAR, USDA RAISING CORN STOCKS TO 2 POINT 4 BILLION. AND ALSO UPPING SOYBEANS, TO 33 MILLION.
E-U INVESTIGATES MERGER:
 THE EUROPEON UNION IS INVESTIGATING THE  POTENTIAL MERGER OF DOW AND DUPONT.   THE E-U ANTITRUST AUTHORITY ANNOUNCING THIS  WEEK IT'S EXPLORING OF HTE MERGER WOULD REDUCE  COMPETITION WITHIN SEED AND CROP PROTECTION. THESE INVESTIGATIOSN ARE COMMON IN BRUSSELS,  BUT MAY RESULT IN THE COMPANIES SELLING SOME OF  THEIR ASSETS. 
GMO CORN:
MEANWHILE, BRAZILIAN OFFICIALS SAY  GMO CORN  FROM THE U-S COULD HELP EASE THEIR TIGHT  DOMESTIC SUPPLIES.  BRAZIL'S AGRICULTURE MINISTRY IS SEEKING APPROVAL FOR U-S GMO CORN IMPORTS. 
THAT'S AS THE COUNTRY'S LIVESTOCK AND POULTRY PRODUCERS ARE FACING RISING PRICES NOT ENOUGH FEED. PRO FARMER REPORTING BRAZIL'S BIOSAFETY  COMMISSION WILL MEET NEXT MONTH TO DISCUSS POSSIBLE APPROVAL, AND UNDER INTENSE POLITCAL  PRESSURE TO GET THE MEASURE PASSED. 
ROUSSEFF INDICTED:
THE PROCESS OF IMPEACHING FORMER BRAZILLIAN  PRESIDENT DILMA ROUSSEFF IS ENTERING ITS FINAL STAGE. BRAZIL'S SENATE VOITED WEDNESDAY TO MOVE  FORWARD WITH TRIAL, INDICTING HER ON CHARGES OF  MANIPULATING BUDGETS. THE TRIAL IS EXPECTED TO TAKE PLACE THIS MONTH.   
NATIONAL WEATHER:
 THOSE ARE THE HEADLINES...METEOROLOGIST MIKE  HOFFMAN JOINS US NOW WITH WEATHER. MIKE,   MINNESOTA FARMERS GOT HAMMERED WITH DOWNPOURS THIS WEEK. ANY BIG SYSTEMS NEXT   WEEK?   THANKS TYNE I KNOW IT'S EITHER FEAST OR FAMINE UNOFRTUNATELY AND  THAT'S TYPICALLY THE CASE I DON'T SEE A GOOD CHANCE FOR GETTING  THERE ANY BIG RAINS ACROSS MINNESOTA BUT I DO SEE SOME CHANCES IN SOME OF THE DROUGHT AREAS OF THE SOUTHEAST WILL GET TO THAT A SECOND YOU CAN SEE THE DROUGHT HAS CONTINUED IN ITS   EXPANDED WESTWARD IN THE MISSISSIPPI IT'S ALSO BEEN EXPANDING  FROM SOUTHERN PORTIONS OF NEW ENGLAND IN TWO PARTS OF WESTERN AND NORTHERN OHIO BUT LET'S GO BACK A MONTH IN SALES ALREADY  DRYING THE BLACK HILLS AREA AND WESTWARD OBVIOUSLY CALIFORNIA AND WAS A DEFINITELY DRY IN PARTS OF THE SOUTHEAST THAT'S BEEN SLOWLY EXPANDING AND THE DRYNESS FROM SOUTHERN NEW ENGLAND INTO OHIO HAS BEEN SLOWLY EXPANDING AS WELL BUT MOST OF THE CENTRAL AND WESTERN CORN BELT NOT REALLY HAVING ANY BIG ISSUES HERE IS WHAT  GOES ON THIS WEEK THAT A BIG STORM SYSTEM FACT THIS IS THE REMNANTS OF THAT TROPICAL LIKE SYSTEM THAT WAS MOVING ALONG THE  GULF COAST LAST WEEK LOOKS LIKE THAT RIDES UP ALONG THIS FRONT EXACTLY WERE LIKE THOSE WILL PUT DOWN SOME PRETTY HEAVY RAINS AND THERE'S A VERY GOOD CHANCE THE SOUTHERN HALF OF THE   TEASE:
 BACK IN OUR NEXT HALF HOUR THE LONGER RANGE OUTLOOK  WE LAID OUT THE NUMBERS FROM THE LATEST USDA REPORT. SO, WHERE DO WE GO FROM HERE? TOMMY GRISAFI AND TED SEIFRIED JOIN ME AFTER THE BREAK.  

ROUNDTABLE 1:
WELCOME BACK TO U S FARM REPORT ON A MARKETING ROUND TABLE WITH ME THIS WEEK I HAVE TED SEIFRIED OF ZANER AG HEDGE AND TOMMI GRISAFI OF ADVANCE TRAADING  MANUSDA HIT US WITH A MAJOR REPORT TODAY SOME BIG NUMBERS WHEN WE LOOK AT THE CORN YIELD ONE SEVENTY FIVE POINT ONE BUSHELS PER ACRE THAT TAKES A FIFTEEN POINT TWO BILLION BUSHEL CORN CROP. DO YOU THINK THAT'S ACCURATE TED YOU KNOW I THINK THE MARKET IS TAKING THAT NUMBER WITH A LITTLE BIT OF GRAIN OF SALT. I MEAN  THE WAY THAT THE USDA CALCULATES THEIR AUGUST YIELD IS BY TAKING AN EAR COUNT  WHICH IS NOT A KERNAL COUNT SO THEY'R ENOT PULLING COBS IT'S JUST AN EAR COUNT AND THEN THEY'RE THEY'RE APPLYING THEIR STATISTICAL ANALYSIS OF THE CROP CONDITIONS A SEVENTY FOUR PERCENT GOOD EXCELLENTWHEN YOU PUT THAT TOGETHER IT COMES UP WITH SEVENTY FIVE FOR ONCE EVERY FIVE POINT ONE NATIONAL AVERAGE YIELD THAT'S A HUGE NUMBER HOWEVER I THINK THE TRADE FEELS THAT WHEN THEY GET OUT INTO THE FIELD TO START ACTUALLY PULLING COBS AND DOING KERNEL COUNTS " WHICH WILL HAPPEN WITH THE SEPTEMBER  REPORT THAT NUMBER COULD COME DOWN A BIT. PRETTY MUCH EVERYONE I TALKED TO TODAY THINKS THAT THAT NUMBER WILL BE COMING DOWN A BIT SO AND I TEND TO AGREE WITH THAT. THERE'S BEEN SOME PRIVATE SURVEYS OUT THERE FOR A VERY REPUTABLE COMPANIES ONE THAT I FOLLOW A VERY CLOSE THEY CAME OUT WITH ONE SIXTY SIX SO THERE'S STILL A LOT OF QUESTION MARKS ON YIELD I THINK THE FUEL ON THE TREES THAT WE MIGHT HAVE JUST SEEN THE LARGEST FIELD ESTIMATE THAT WE'VE SEEN. AND IF YOU GO BACK TO FOURTEEN YOU HAD THAT SAME SORT OF THING WITH THE USDA GOT ALMOST UP TO ONE SEVENTY FIVE AND THEN HAD TO REVERSE THEMSELVES BACK DOWN "    
ROUNDTABLE 2:

WELCOME BACK, ALRIGHT OMMY WERE TALKING ABOUT SOYBEANS  WHAT'S YOUR TAKE RIGHT NOW ONLY LOOK AT THE SOYBEAN YIELD  WE LOOK AT THESE EXPORT NUMBERS WHAT DOES THIS SOYBEAN MARKET LOOK LIKE MOVING FORWARD TOTALLY DIFFERENT STORY THAN CORN AND WHEAT. SO WHEN YOU WATCH YOUR MARKETS AND HOW YOU WATCH STRUCTURE THE MARKETSIF YOU WATCHED TICKETS IF YOU WATCH IT'S REALLY HARD TO WATCH YOUR SOYBEAN TICKET GO UP  LIKE IT DOES EVERY DAY AND USEE CORN AND WHEAT MAKE NEW LOWS. BUT TO TED'S POINT EARLIER ON THE SHOW  THIS IS A DIFFERENT " YOU KNOW WE GROW FOUR BILLION BUSHELS OF BEANS WE'VE SOLD HALF OF THEM TO CHINA ARE GONNA SELL HALF OF THEM  
MARKETS NOW:
MARKETS NOW, TED SEIFRIED,  WE'LL START WITH YOU. YEAH, I LOOK AT HIS REPORT THAT WE HAD ON FRIDAY IT WAS A INITIAL NEGATIVE REACTION TO SOME VERY SHOCKING NUMBERS LIKE TOMMY, I WAS SURPRISED WE WEREN'T DOWN MORE THAN WE WERE AND WE'RE HAVING A VERY NICE CLOSE. I THINK IT'S TOO EARLY TO SAY HEY THE LOWS ARE IN OUT I THINK THAT SETS THE STAGE FOR SOMETHING LIKE THAT. MAYBE WE'VE GOT THE BIGGEST NUMBERS OUT OF THE WAY NOW  ALL RIGHT MAYBE YOU'RE RIGHT. 
TEASE:
JOHN PHIPPS JOINS US NEXT    
 JOHN’S WORLD:
JOHN TOOK A BIG STEP THIS WEEK WHEN IT COMES TO  HIS HOME PHONE, BUT IT MAY BE A GLIMPSE INTO A  LARGER TREND. HE EXPLAINS IN THIS WEEKEND'S JOHN'S WORLD.   AFTER TALKING ABOUT IT FOR A COUPLE OF YEARS, WE FINALLY DROPPED  OUR LANDLINE. LIKE MANY OF YOU JAN AND I WERE LOOKING FOR BUDGET  SAVINGS. SO WE STARTED NOTICING HOW MUCH AND WITH WHOM WE  USED OUR HOUSE PHONE. THE ANSWERS WERE VERY LITTLE AND ROBO- CALLS. IT ALSO DIDN'T HELP THAT OUR SERVICE HAS BEEN GETTING WORSE OVER THE LAST FEW YEARS WITH FREQUENT OUTAGES AND LOTS OF LINE NOISE. 

TEASE:
WELCOME TO 2016, JOHN.   STILL TO COME, A VIRAL CALL FOR CHANGE IS SHAKING   UP THE CHERRY INDUSTRY. WE'LL SHOW YOU WHY, NEXT, ON U-S FARM REPORT. 
SECOND HALF OF THE SHOW OPENING HEADLINES:
FROM THE STUDIOS OF FARM JOURNAL BROADCAST,  THIS IS U.S. FARM REPORT.  WELCOME BACK TO U-S FARM REPORT. WE HAVE MUCH  MORE AHEAD OVER THE NEXT 30 MINUTES. IT'S A BATTLE OVER TRADE AND MARKETING ORDERS CAUSING A SHAKE-UP IN CHERRY COUNTRY. THAT'S  OUR FARM JOURNAL REPORT. IF YOU'RE FRUSTRATED WITH MARKET ANALYSTS WHO SAID YOU SHOULD HAVE SOLD YOUR CROP MONTHS AGO, YOU'LL WANT TO WATCH JOHN'S CUSTOMER  SUPPORT.  AND TO CELEBRATE THE OLYMPICS, WE'RE OFF TO AN  HISTORIC GYM THAT WAS THE HOME TO THE FIRST U-S OLMPIC BASKETBALL TEAM. 
LATEST AG CREDIT SURVEY RELEASED:
NOW FOR THE HEADLINES, FARMERS AND RANCHERS ARE STILL FEELING THE PINCH FROM TIGHTER MARGINS, TAKING MORE TIME TO REPAY LOANS. BUT FALLING CASH RENTS COULD HELP EASE SOME OF THE PRESSURE ACROSS FARM COUNTRY.  THREE MAJOR FEDERAL RESERVE BRANCHES  RELEASING THE LATEST AG CREDIT SURVEY THIS WEEK. FARM INCOME AND FARMLAND VALUES REMAIN UNDER  PRESSURE, WITH AG CREDIT CONDITIONS  DETERIORIATING FUTHER. ST LOUIS FED OFFICIALS SAY WHILE QUALITY FARMLAND VALUES DROPPED 6 POINT 4 PERCENT IN THE FIRST QUARTER, THOSE SAME VALUES ONLY FELL POINT 7 PERCENT THIS PAST QUARTER. RANCHLAND IS DOWN NEARLY 7 AND HALF PERCENT. BUT CROPLAND CASH RENTS CRASHING, DOWN 10 PERCENT IN THE SECOND QUARTER. AND CASH RENTS FOR PASTURE AND RANCHLAND IS DOWN NEARLY 21 PERCENT.  ONE BAKER SAYS FARMERS IN TEH REGION ARE SURVING THE DECLINE IN COMMODITY PRICES DUE TO CONSERVATIVE SPENDING, IMPROVED EFFICIENCY AND GOOD CRPO YIELDS. 
KC FED AG SURVEY:
MEANWHILE, THE KC FED AG SURVEY SHOWING 75  PERCENT OF BANKERS REPORT FARM INCOME FALLING FROM LAST YEAR AT THIS TIME THAT ALSO MEANS, DEMAND FOR FARM LOANS AND LOAN RENEWALS IS CLIMBING, WHILE LOAN REPAYMENT IS BECOMING TOUGHER. AS FOR FARMLAND, CROPLAND VALUES DECLINED 3 PERCENT FOR NON IRRIGATED AND 5 PERCENT FOR IRRIGATED. RANCHLAND IS DOWN 3 PERCENT IN THAT  AREA. AND IN CHICAGO, WHICH COVERS THE THREE I STATES,  PLUS MICHIGAN AND WISCONSIN, SHOWS FALLING ONE PERCENT FROM A YEAR AGO, BUT GOOD LAND ACTUALLY INCREASED ONE PERCENT FROM THE FIRST QUARTER TO THE SECOND QUARTER. BY STATE - IOWA IS DOWN SIX PERCENT FROM A YEAR AGO.  BUT WISCONSIN CLIMBED SEVEN PERCENT FROM  LAST YEAR.
U.S. DROUGHT MONITOR:
THE LATEST U-S DROUGHT MONITOR SHOWING THE  SEVERE DROUGHT CATEGORY JUMPING 14 POITNS IN JUST ONE WEEK. LOCAL FARMERS SAY IT'S ALREADY COSTING THEM  YIELD.    AND LOOKING AT THE REST OF THE DROUGHT MONITOR, MODERATE DROUGHT ROSE 5 POITNS IN TEXAS THIS  WEEK. AND IN IDAHO, THE AREA CONSIDERED ABNORMALLY DRY, THAT'S UP 11 POINTS SINCE LAST THURSDAY.  IF WE DO SEE A LA NINA THIS YEAR, IT MAY BE A WEAK EVENT.
LA NINA EXPECTED THIS FALL:
THE NATIONAL OCEANIC AND ATMOSPHERIC  ADMINSTRATION SAYING THIS WEEK THAT MORE SIGNS POINTING TO LA NINA ARRIVING THIS FALL, WITH A 55 TO 60 PERCENT CHANCE IT ARRIVES THIS YEAR. NOAA SAYS THOSE SAME MODELS SUGGEST IF LA NINA  DOES FORM, IT WILL BE A WEAKER EVENT. 
NATIONAL WEATHER:
THAT'S IT FOR NEWS...METEOROLOGIST MIKE  HOFFMAN JOINS US NOW WITH THE NATIONAL FORECAST. MIKE, NOAA THINKS IF WE DO SEE LA NINA,  IT WILL BE A WEAK ONE. WHAT DO YOU THINK? 
THANKS TYNE THAT IS ABSOLUTELY WHAT IT'S LOOKING LIKE IT'S LOOKING LIKE A HEAD JUST BARELY A WEEK LA NINA AS WE HEAD INTO THE FALL  AND THAT CHANGES THINGS FAIRLY DRAMATICALLY ROSS THE CORN BELT IT LOOKS LIKE SOME COOLER AIR COULD START TO SNEAK IN WE'LL SHOW YOU THAT THE THIRTY EIGHT OUTLOOK IN THE MEANTIME THIS WEEK STILL HOT ACROSS MOST OF THE COUNTRY UT THE NORTHERN TIER STATES EACH ONE OF THESE LITTLE RIPPLES WILL BRING A CHANCE FOR THUNDERSTORMS WELL IS SOME COOLER AIR BEHIND IT AND THIS IS A DECENT LITTLE TROUGH AND THAT'S INGING IN THE COOLER AIR TO THE NORTHWEST AS WE HEAD THROUGH THE END OF THE WEEK ND THAT WILL SPREAD FARTHER EAST INTO THE NORTHERN PLAINS AND EVENTUALLY THE GREAT LAKES AS WE HEAD  NTO THIS COMING WEEKEND ALL RIGHT LET'S TAKE A LOOK ABOUT THIRTYDAY OUTLOOK  I'M GOING BELOW NORMAL NOW FROM ABOUT KANSAS CITY NORTHWARD TO THE CANADIAN BORDER INTO OUTHERN CANADA
TART CHERRY INDUSTRY SOURS OVER MARKETING ORDER AND IMPORTS:
THANKS, MIKE. YOU'VE HEARD THE SAYING A PICTURE'S WORTH A THOUSAND WORDS. A VIRAL CALL FOR CHANGE IS PUTTING THE TART CHERRY INDUSTRY IN THE SPOTLIGHT.   YOU MAY HAVE SEEN THIS PICTURE - POSTED ONLINE BY TRAVERSE CITY, MICHIGAN TART CHERRY GROWER - MARC SANTUCCI. HE POSTED A PICTURE OF SOME OF HIS CHERRIES BEING DUMPED, BLAMING IT ON THE INDUSTRY'S MARKETING ORDER AND IMPORTS BUT THERE'S TWO SIDES TO EVERY STORY. IN THIS FARM JOURNAL REPORT, BETSY JIBBENS SHOWS US WHY SOME GROWERS FEAR THIS CALL FOR CHANGE IS  MAY ACTUALLY BE CLSOING THE DOOR ON TRUST.  HOWEVER, THE POST IS CAUSING TURBULANCE WITHIN  THE INDUSTRY. 
I'M BETSY JIBBEN FOR U-S FARM REPORT

TEASE:
UP NEXT, JOHN PHIPPS WHY DIDNT' WE SELL? WELL THAT'S A 40 YEAR OLD QUESTION. 
CUSTOMER SUPPORT:
 WELCOME BACK. IT'S BEEN A ROLLERCOASTER YEAR FOR PRICES, AND SOME VIEWERS ARE FRUSTRATED WITH MARKETING ADVICE. JOHN EXPLAINS IN CUSTOMER SUPPORT.  WE RECEIVED THIS TIMELY E MAIL FROM JOE PLATT. TODAY I WAS LISTENING TO A MARKET ANALYSIS AT FARM FEST AND IN ALL THEY COULD TALK ABOUT IS HOW BAD THE MARKETS AREAND HOW WE SHOULD'VE SOLD EARLIER IN THE YEAR WHEN PRICES WERE GOODCTHAT  THING THAT BURNS ME IS THAT I DON'T THINK THESE ANALYSTS REALIZE THAT TWENTY CENTS HIGHER COULD MEAN PAYING DOWN A LOAN OR FIXING SOME THIRTY YEAR OLD MACHINERY MY POINT IS THAT THESE ANALYSTS ARE NOW SAYING THAT WE SHOULD HAVE SOLD MORE EARLIER THEN WHY DIDN'T THEY SHOT OUT SELL  OR WERE THEY HOPING FOR THE NEXT MOVE UP AS WELL JOE WHEN I READ THIS I HAVE THE SAME FEELING BUT YOUR COMMENT PROMPTED ME TO CHECK BACK AND SEE WHAT OUR ANALYSTS WERE SAYING A FIRST TAKE A LOOK AT THESE PRICE CHARTS AND BECAUSE OF THEM I PICK THE SHOWS FROM THE FIRST THREE WEEKS OF JUNE AND HERE'S WHAT I FOUND THAT OUR ANALYSTS WERE SAYING ON MARKETS NOW  
TEASE:
THANKS, JOHN. WHEN WE COME BACK, WE'RE OFF TO MEET AN OLUMPIC BASKETBALL TEAM WHO DEFIED THE ODDS IN THE GREAT DEPRESSION. AMERICAN COUNTRYSIDE IS NEXT.
FROM THE OLYMPICS IN RIO:
IF YOU HAVEN'T BEEN WATCHING THE OLYMPICS, YOU'RE MISSING OUT, INCLUDING SEEING THE U-S MEN'S BASKETBALL TEAM IN ACTION.  BUT IT'S BEEN 80 YEARS SINCE THE U-S PUT TOGETHER 
IT'S FIRST OLYMPIC BASKETBALL TEAM. A START WITH AN EVEN MORE IMPRESSIVE FINISH.
ANDREW MCCREA TAKES US TO THE TEAM'S  BIRTHPLACE IN THIS WEEK'S AMERICAN COUNTRYSIDE. 
TEASE:
THANKS, ANDREW. HOW INTERESTING. YOU CAN VIEW MORE OF ANDREW'S STORIES WHEN WE COME BACK, TRACTOR TALES AND OUR COUNTRY CHURCH SALUTE...PLEASE STAY WITH US.
TRACTOR TALES:
WELCOME BACK TO TRACTOR TALES FOLKS THIS WEEK WE'RE IN SUNNY SOUTHERN GEORGIA AND WE'RE HERE VISITING A COLLECTOR WHO HAS  GREEN BLOOD LOVES JOHN DEERE TRACTORS BUT HE HAS A SOFT SPOT FOR THE OCCASIONAL FORD ITS A 501 FORD WORKMASTER I BOUGHT DOWN IN MOLTRIE AND IT WAS ALL TWO PIECES SOMEBODY HAD STARTED REBUILDING A MOTOR IT TORE UP AND SO THE MAN IT WAS REBUILDING IT JUST CURED IT AND HAD IT SOLD AND I BOUGHT IT JUST PIECES AND PUT IT BACK TOGETHER AND BROUGHT IT HOME IN PAINTED AND FIXED IT LIKE THIS DROVE IT DOWN THE DRIVEWAY AND THE MOTOR CAME TORE UP AGAIN WERE THEY HALF PATCHED IT SO WE GOT TO REBUILD A MOTOR TWICE BUT IT WAS NOT TALL LIKE THIS WHEN I BOUGHT IT AND I BOUGHT A FERGUSON HAD THESE TALLER WHEELS ON IT FOR JUST PARTS AND THE FERGUSON FORD HAS THE SAME TYPE RIMS ON THE BACK AND SO THEN THE FRONT AXLE YOU CAN FLIP IT AND GET THE HEIGHT LIKE THAT SO THAT'S THE WAY I COME UP WITH MAKING IT THE HIGH CROP BUT ALL THEY DID BUILD ONE JUST LIKE IT IT'S A GOOD TRACTOR AND NOW RUNS GOOD AND 

CHURCH SALUTES:
TODAY'S COUNTRY CHURCH SALUTE GOES TO THE BETHEL COMMUNITY CHURCH JUST NORTHWEST OF TOPEKA, KANSAS. THE CONGREGATION WILL  CELEBRATE THEIR 100TH ANNIVERSARY IN OCTOBER.  THEIR FIRST CHURCH WAS BUILT IN 1916, BUT BURNT.  AND THE PRESENT CHURCH IS THE REBUILT CHURCH, WITH ADDONS. THEY SAY THE CELEBRATION IS ABOUT  REMEMBERING THE PAST, CELEBRATING THE PRESENT AND LOOKIGN TO THE FUTURE. OUR THANKS TO HAROLD AND BETTY WELLER FOR SHARING THEIR STORY.
TEASE:
DON'T GO ANWYEHRE. WE HAVE VIEWER PHOTOS NEXT. 
CROP COMMENTS:
WE HAVE SOME RAIN AND DRUGHT TO REPORT ON THIS WEEK. JEREMY SAID HE'S OUT SPRAYING THIS WEEK. THAT'S SOME OF THE COTTON HE HAD TO REPLANT. HE SAYS IF THEY CAN GET SOME RAIN THIS WEEKEND, THE CROP COULD BE AVERAGE. THE CROP HE HAD TO REPLANT LOOKS GOOD, BUT THE EARLIER PLANTED COTTON IS REALLY HURTIN FROM ALL THOSE 100 DEGREE DAYS.  FROM TOO DRY TO TOO WET... FARMERS IN MINNESOTA ARE IN A SIMILAR BOAT THAT MISSOURI GROWERS  WERE IN LAST WEEK... THEY GOT POUNDED WITH RAIN. 

CLOSING:
FOR ALL OF US AT U-S FARM REPORT, 'M TYNE MORGAN. THANK YOU FOR WATCHING U-S FARM REPORT.  BE SURE TO JOIN US RIGHT HERE AGAIN NEXT WEEK, AS WE WORK TO BUILD ON OUR TRADITION. HAVE A GREAT WEEKEND, EVERYONE. 

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