USFR Weekly Recap - July 9-10, 2011

July 12, 2011 07:59 AM
 

THIS WEEK ON U.S. FARM REPORT
EPISODE #1978
JULY 9-10, 2011

 

AL OPEN: HELLO AND WELCOME TO U-S FARM REPORT, I'M AL PELL - IN FOR JOHN PHIPPS. AS THE CALENDAR TURNS TO JULY, CROP CONCERNS ACROSS FARM COUNTRY SHOW NO SIGNS OF EASING. TOO WET...TOO DRY...YOU NAME IT, THE CHALLENGES ARE MANY...AND THE IMPACT IS WIDESPREAD. WE'LL VISIT SEVERAL OF THOSE TROUBLE SPOTS IN THE NEXT FEW MINUTES - THEN OUR ANALYSTS WILL JOIN US TO SORT OUT HOW THE MARKET IS REACTING. LET'S GET STARTED WITH THE HEADLINES - HERE'S TRICIA SLOMA.

MEXICO TRUCKING: THANKS AL. THE U.S. AND MEXICO HAVE RESOLVED A CROSS-BORDER TRUCKING DISPUTE. IN 2009, CONGRESS CUT-OFF A PROGRAM THAT ALLOWED A LIMITED NUMBER OF MEXICAN TRUCKING COMPANIES TO HAUL FREIGHT BEYOND 25 MILES OF THE BORDER. IN RETALIATION, MEXICO IMPOSED TARIFFS ON 89 U.S. PRODUCTS, SUCH AS PORK AND APPLES. IN MARCH PRESIDENT OBAMA AND PRESIDENT CALDERON ANNOUNCED A PATH TO RESOLVE THE DISPUTE. ON WEDNESDAY, A DEAL WAS FINALIZED THAT PROVIDES TARIFF-RELIEF. DOUG WOLF OF THE NATIONAL PORK PRODUCERS COUNCIL SAYS THE TARIFFS ON PORK WILL DROP INCREMENTALLY. MEXICO WILL SUSPEND 50% OF THE RETALIATORY TARIFFS WITHIN 10 DAYS AND THE REMAINDER OF THE TARIFFS WITHIN FIVE DAYS OF THE FIRST MEXICAN TRUCKING COMPANY RECEIVING ITS U.S. OPERATING AUTHORITY. MEXICO IS THE SECOND LARGEST MARKET FOR THE U.S. PORK INDUSTRY, WHICH SHIPPED 986 MILLION DOLLARS OF PORK SOUTH OF THE BORDER IN 2010.

TEXAS COTTON: IN TEXAS, COTTON FIELDS ARE STRUGGLING TO SURVIVE A DEVASTATING DROUGHT. USDA SAYS JUST 14% OF TEXAS COTTON IS GOOD. THE REST IS FAIR OR WORSE. NEAR LUBBOCK, THEY'VE GONE THREE WEEKS STRAIGHT WITH HEAT IN THE TRIPLE DIGITS...AND RAINFALL IS NON-EXISTENT. SINCE THE BEGINNING OF THE YEAR, THE AREA HAS HAD JUST ONE INCH OF RAINFALL. 40% OF THE COTTON IN THIS REGION IS NON-IRRIGATED. GLOYNA SAYS HE BEGAN PRE-WATERING HIS LAND EARLIER THIS SPRING AND HAS NOT STOPPED IRRIGATING SINCE. IN PAST DRY YEARS, IRRIGATED CROPS HAVE BEEN ABLE TO PRODUCE DECENT YIELDS, BUT WITH THE HIGH WINDS THIS SUMMER, EVEN THE IRRIGATED CROPS ARE STRUGGLING.

CROP WATCH: CROP WATCH THIS WEEK RESIDES EXCLUSIVELY WITH THE M STATES. A GROWER IN HENRY COUNTY, MISSOURI, SAYS HE REPLANTED NEARLY HALF OF HIS CORN ACRES THE FIRST WEEK OF JUNE. WHILE THE REPLANT IS ALREADY ABOUT WAIST HIGH HE SAYS IT WILL TAKE BETTER THAN NORMAL MOISTURE IN AUGUST FOR A GOOD CROP. FROM PIPESTONE, MINNESOTA, APPARENTLY THEY CAN ONLY TAKE SO MUCH WIND. YOU CAN SEE THE DAMAGED BLADE. A CONTRIBUTOR SAYS AN F1 TORNADO BLEW THROUGH. THERE WERE ALSO STRAIGHT LINE WINDS THAT TOOK OUT KNEE-HIGH CORNER. IN NORTH CENTRAL, MONTANA, NORTH OF GREAT FALLS A PRODUCER SAYS WINTER WHEAT IS HEADED OUT WITH NICE LONG HEADS. HE IS LOOKING FOR A BUMPER CROP. HE SPADE FOR RUST AND SPOT TWO WEEKS AGO. IN MAINE AN FSA OFFICER FROM SOMERSET COUNTY REPORTS A HAY CROP APPEARS TO BE PLENTIFUL THIS WEEK. SOME ESTIMATES OF A 20% GREATER FIRST CUT THAN LAST YEAR. PLENTY OF MOISTURE MAY BE TOO MUCH FOR FRUIT GROWERS. WHEN WE COME BACK IT IS TIME TO TALK MARKETS. ALSO DOWN PLEASE STAY WITH US.

ROUNDTABLE: WE HAVE DUSTIN JOHNSON, GREG WAGNER FROM GWX AG CONSULTANTS. A NEW NAME FOR YOU, GREG. YES, SIR. THAT'S NOT WHAT I WANTED TO TALK TO YOU ABOUT AN HOUR AGO YOU WERE TELLING ME YOU WERE NOT HAPPY WITH THE JUNE 30TH REPORT THAT CAME OUT THAT CAME OUT. THE PIECES OF THE PUZZLE DON'T FIT. THERE WAS TOO MANY INCONGRU INCONGRUITIES. EXTRAORDINARY SIR. IT CONTINUES TO CREATE A STIR IN THE AGRICULTURAL MARKETS. MY OBSERVATION WOULD BE THAT THE IDEA THAT IF YOU TURNED THE CORE MARKET ON ITS HEAD AND TRANSITIONED IT FROM A BULL MARKET TO A BEAR MARKET IS AS MARK TWAIN WOULD SAY "RUMORS OF MY DEMISE ARE MUCH PREMATURE." IN OTHER WORDS, I THINK THE FUNDAMENTALS IN THE CORN MARKET DESPITE THIS REPORT ARE STILL STRUCTURALLY SOUND. I THINK THE FUNDAMENTALS IN THE SOYBEAN MARKET AS WELL ARE STILL STRUCTURALLY SOUND. WE HAVE SEEN RECOVERIES THIS WEEK THIS PAST WEEK. DOUBLE DIGIT GAINS AND WEEKLY GAINS IN CORN, OLD CROP SOYBEANS, OLD CROP WHEAT AS WELL. ALMOST 30 CENTS HIGHER IN THE WHEAT. NEW CROP CORN IS UP 40 CENTS THIS WEEK. WE HAVE A GROWING SEASON AHEAD OF US, AL, AND I KIND OF ALLUDE TO 1995 WHERE EVERYTHING LOOKED COPACETIC THEN BY THE END OF THE GROWING SEASON IT WAS TOAST. NOW, I KNOW DUSTIN IS GOING TO AGREE WITH PART OF WHAT YOU SAID BUT HE MIGHT NOT AGREE WITH ALL OF IT. ANY DISAGREEMENT, DUSTIN? WE ARE KIND OF THE OPPOSITE AT E HEDGER. WE ARE KIND OF THINKING IF WE ARE LOOKING AT THE BEAR NUMBERS WE THINK THAT THE U.S.D.A WILL HAVE A MUCH BETTER HANDLE ON IT. THE RESOURCES OUTWEIGH OURS. WE HAVE TO TAKE THEM AT THEIR WORD. BEST NUMBERS WE CAN GET. THEY CHANGED IT FROM THE JUNE REPORT TO THE JUNE 30TH ACREAGE REPORT. WE SAW THAT BIG CHANGE. I CAN SEE HOW SOME PEOPLE GOT UPSET WITH IT AND WE DID SEE COSTCO'S TOP TRADER, THE CHINESE TRADING FIRM REALLY COMPLAIN ABOUT IT PUBLICLY YESTERDAY. AND SO I KNOW THERE IS A LOT OF HYPE AROUND THIS BUT RIGHT NOW WE HAVE TO THINK WHAT IF THEY ARE RIGHT. REALLY, BETWEEN CORN, WHEAT, BEANS AND COTTON, WE DID LOSE ABOUT 1.8 MILLION ACRES OVERALL BEFORE THOSE FOUR COMMODITIES ON WHEAT. IF WE HADN'T GOT SUCH A RAIN -- RAINED OUT EARLIER, WHERE WOULD CORN HAVE BEEN? WE THINK CLOSER TO 94 MILLION ACRES. WE THINK THAT GAIN, SLIGHT GAIN IN CORN ACRES AND DROP IN BEAN ACRES IS JUSTIFIED. REALLY I THINK WHAT MATTERS MORE IS YIELD AND I DON'T THINK ANYONE CAN SAY WHAT THE WEATHER IS GOING TO DO OVER THE NEXT MONTH. WE HAVE GOT KIND OF HIGHER AND DRYER FORECASTS IN THE EXTENDED FORECAST BUT REALLY NEAR TERM FORECAST LOOKS PRETTY GOOD FOR RIGHT NOW. SO WE ARE A LITTLE BIT MORE BEARISH PROBABLY ON THE CORN MARKET. YEAH. YOU'RE BEARISH ON THE CORN MARKET. THERE IS ANOTHER REPORT COMING OUT ON TUESDAY DON'T FORGET. YOU WANT TO MAKE A PREDICTION OF WHAT THAT ONE WILL SAY? YOU DON'T CARE MUCH ABOUT THOSE REPORTS, DO YOU? OH CONTRARE. ALL RIGHT. THE REPORT ON TUESDAY, THEY ARE GOING TO TINKER ON THE EDGES. THEY WILL RESURVEY AS FAR AS CORN RECORDS. NORTH DAKOTA, SOUTH DAKOTA, MINNESOTA. IT WILL COME OUT ON AUGUST 11TH. THEY WILL HAVE AN OPPORTUNITY TO CLEAN IT UP? A LITTLE BIT. IT WILL BE MARGINAL. I THINK IT IS NOT A BIG ENOUGH ACREAGE BASE TO EVEN IF YOU DROP IT DOWN TO MAKE A SIGNIFICANT DENT IN PLANET ACREAGE. HOWEVER, WHEN WE COME OUT INTO OCTOBER WHEN USDA INCORPORATES THE FARM SERVICE AGENCY NUMBERS AS FAR AS PROGRAMS THAT MAY ULTIMATELY BE A DECIDING FACTOR AS FAR AS GIVE US A CLEARER IDEA OF WHAT THE ACREAGE IS BUT KEEP IN MIND IN BETWEEN NOW, EARLY JULY -- RIGHT. --AND OCTOBER, AS DUSTIN SAID, WE ARE LOOKING AT WEATHER. WEATHER. AND WE ARE LOOKING AT YIELD. AND WE ARE LOOKING AT A LATE PLANTED CROP. AND WE ARE LOOKING AT POLLINATION AND WE ARE LOOKING AT A HOST OF OTHER FACTORS. NOBODY CAN PREDICT THE WEATHER. WE ALL HAVE TO GO UNDER THIS PRESUMPTION THAT NORMAL GROWING CONDITIONS I WOULD BE RELUCTANT TO BUY INTO THAT ARGUMENT. I'VE GOT A QUICK ANSWER. WE ARE JUST ABOUT DONE WITH OUR FIRST SEGMENT BUT DO WE HAVE MOST OF THE FUND MONEY, OUTSIDE MONEY OUT OF THE MARKET AT THIS POINT IN TIME? NOT AT ALL. WE HAVE GOT A BUNCH OF LONG FUND POSITIONS STILL. THE MANAGED MONEY DID GET SHORT WHEAT A COUPLE OF WEEKS AGO. CHICAGO WHEAT. BUT OVERALL THERE IS STILL MASSIVE LONG POSITIONS IN THE MARKET. THEY DECIDE TO EXIT, CERTAINLY COULD SEE IT PUSH A LOT FURTHER. OKAY. WHEN WE COME BACK WE WILL TALK A LITTLE BIT ABOUT THAT AND ALSO WHAT A PRODUCER CAN DO IN ORDER TO BE ABLE TO ENHANCE HIS PROFIT. WE WILL BE BACK WITH MORE U.S. FARM REPORT IN JUST A MOMENT. ROUND TABLE GUESTS THIS WEEK DUSTIN JOHNSON AND GREG WAGNER. JUST BEFORE WE WENT TO THE BREAK, DUSTIN, WE WERE TALKING ABOUT THE FACT, I ASKED IF ALL OF THE FUND MONEY WAS OUT OF THE MARKETS AND YOU SAID NO BY QUITE A BIT. SO HOW CAN WE USE THAT FUND MONEY IN ORDER TO BE ABLE TO ASSIST THE PRODUCERS? WELL, A BIG QUESTION ON WHAT THEY ARE GOING TO DO. THAT'S THE MILLION-DOLLAR QUESTION. THEY HAVE LIQUIDATED QUITE A BIT SINCE THE PEAK OF THEIR POSITIONS AND REALLY THE MANAGED MONEY A LOT OF TIMES IS THE ONE THAT'S GOING TO BE IN AND OUT OF THE MARKET QUICKER AND THAT'S THE FIRST ONE THAT WE SAW GO SHORT ON THE WHEAT. HOW CAN WE USE IT? CERTAINLY, YOU KNOW, I THINK THAT THEM BUYING IN ONLY HELPS OUR MARKETS, HELPS THE AMERICAN PRODUCER AS WE CERTAINLY SEE A LOT OF INVESTMENT INTEREST BRING OUR MARKETS HIGHER. NUMBER ONE IT PROVIDES LIQUIDITY AND WE ALWAYS TALK ABOUT HOW IMPORTANT THAT IS TO BE ABLE TO GET IN AND OUT OF THE MARKET. SPECULATORS. THAT'S THE MOST IMPORTANT THING. OTHERWISE WHO WILL YOU TRADE WITH? WHO WILL YOU LAY YOUR RISK TO? A LOT OF FARMERS ARE WAITING FOR THAT $9 CORN BEFORE THEY DID ANYTHING AND WE DON'T HAVE IT NOW. DO YOU THINK IT IS GOING TO COME BACK? I'M ASKING YOU, GREG WAGNER? PERHAPS NOT IN MY LIFETIME. OKAY. $9 CORN. I THINK WE ARE PROPERLY POSITIONED TO HAVE A SIGNIFICANT RECOVERY, WHETHER IT BE A TECHNICAL BOUNCE, WHETHER IT BE THE INTRODUCTION OF ADDITIONAL FUND MONEY, WHETHER THE CATALYST PROVES TO BE WEATHER, BUT THE BOTTOM LINE IS THAT THE BALANCE SHEETS ARE SUCH THAT YOU CAN EXPECT A MEANINGFUL RECOVERY IN VALUES FROM PRESENT LEVELS AND I MENTIONED EARLIER JUST THIS WEEK WE HAVE A STABILIZATION WITH OLD NEW CROP CORN UP 30 CENTS, NEW CROP SOYBEANS UP 40 CENTS. OLD CROP UP 30. I WOULD LOOK FOR A CHOPPY CONTINUATION WITH THE PRIMARY FOCUS ON WEATHER. THE FACT THAT THESE MARKETS DID BREAK LAST WEEK AFTER THAT BIG REPORT CAME IN AND A LOT OF THE PRODUCERS WONDER WHAT'S GOING TO HAPPEN, BUT DOESN'T THAT HELP THE USERS OF THIS PRODUCT? WE HAVE GOT TO SELL IT. CHINA HAS BEEN IN THE MARKET AND BUYING AND I DON'T KNOW WHAT THE ETHANOL PEOPLE ARE DOING. HAVEN'T HEARD ANYTHING ABOUT CATTLE AND HOGS BUT SEEMS TO ME THAT WOULD BE A GOOD DEAL FOR THEM. IS THAT CORRECT? EITHER ONE OF THEM. CERTAINLY A LOT OF PEOPLE SAY THAT THEY ARE NOT SEEING RATIONING HERE. WE CERTAINLY HAVE SEEN RATIONING. YOU TALK ABOUT ETHANOL IN THE WEEKLY NUMBERS, YOU KNOW -- FIRST OF ALL THE MONTHLY NUMBERS STILL SHOWING 5 BILLION BUSHEL USE FOR ETHANOL. WEEKLY NUMBERS WE ARE RUNNING BEHIND SCHEDULE FROM WHAT WE ARE SEEING. THEY ARE RATIONING AT THOSE LEVELS. IF WE DROP DOWN FAR ENOUGH WE WILL GET THAT DEMAND COMING INTO THE MARKET BUT RIGHT NOW WE THINK WE WILL LOWER THAT USAGE NUMBER DOWN TO 4.9 AT LEAST. I WOULD MAKE AN IMPORTANT NOTE IS THAT RATIONING ALREADY OCCURRED ON A BIG SPREAD PERSON AND IF YOU LOOK AT THE SPREAD, THIS GOES BACK PREMIUM JULY OLD CROP CORN VERSUS NEW CROP CORN HIT A HIGH ROUGHLY IN LATE FEBRUARY. IT CAME BACK. IT DOUBLE TOPPED ON THAT CHART. OKAY. AND AT THE SAME TIME JULY CORN EXCEEDED ITS PREVIOUS HIGH BY ABOUT 50 OR 60 CENTS. BUT THE SPREAD TOPPED RIGHT THERE. IN OTHER WORDS, OLD CROP CORN KEPT GOING UP BUT THE PRICE DIFFERENTIAL DID NOT CHANGE. THAT WAS YOUR CLEAREST TECHNICAL INDICATION THAT THIS MARKET HAD ALREADY PROJECTED THAT RATIONING WAS OCCURRING. AND IF YOU LIKE YOU COULD CONTACT ME AND SEND ME A COPY OF THE CHART. WE HAVE LESS THAN A HALF A MINUTE NOW. IS NOW THE TIME TO SELL 2012 CORN? ALL DEPENDS ON INPUTS. YOU KNOW. I CERTAINLY DON'T THINK IT IS A BAD IDEA. WHEN HAVE WE GOTTEN THESE CHANCES TO SELL THESE BEFORE? ONLY TWICE THIS YEAR AND ONE OTHER BESIDES THAT. I THINK YOU DO A SMALL AMOUNT UNTIL YOU'VE GOT A BETTER HANDLE OF WHAT YOUR INPUTS ARE. YOU WOULD HAVE TO GO WITH A SMALL AMOUNT. I WOULDN'T JUMP IN WITH BOTH FEET. THANK YOU BOTH, GENTLEMEN, FOR BEING HERE TODAY ON U.S. FARM REPORT ROUND TABLE. WE WILL BE BACK WITH MORE IN A MOMENT.


JOHN’S WORLD: OUR FINAL WORD THIS HALF HOUR COMES COURTESY OF JOHN PHIPPS. HE JOINS US NOW WITH THE LATEST PERSPECTIVE FROM "JOHN'S WORLD". LET US KNOW WHAT YOU THINK.... SEND EMAILS TO MAILBAG@USFARMREPORT.COM OR CALL AND LEAVE US A VOICE MAIL.

2ND HALF:
AL’S OPEN:
HELLO AND WELCOME TO U.S. FARM REPORT, I'M AL PELL, IN FOR JOHN PHIPPS. WE'VE GOT LOTS OF GROUND TO COVER OVER THE NEXT 30 MINUTES - INCLUDING STOPS IN MISSOURI, LOUISIANA AND MICHIGAN. ALSO AHEAD - BAXTER BLACK IS BACK WITH SOME NEW IDEAS FOR AN OLD FRUIT - AND WE'LL HEAD TO OHIO TO CHECK OUT AN OLD JOHN DEERE THAT LOST ITS GREEN. BUT FIRST, LET'S GET STARTED WITH THE HEADLINES.

EGGS AND HUMANE SOCIETY: A NEW PARTNERSHIP IS FORMED WITH ONE GOAL IN MIND - TO SET A NATIONAL PRODUCTION STANDARD FOR THE EGG INDUSTRY. THE AGREEMENT WAS REACHED THIS WEEK BETWEEN THE UNITED EGG PRODUCERS AND THE HUMANE SOCIETY. THE COMPREHENSIVE PROPOSAL IS THE FIRST STEP IN ENACTING FEDERAL LEGISLATION FOR ALL 280-MILLION HENS INVOLVED IN EGG PRODUCTION. IF ENACTED, IT WOULD BE THE FIRST FEDERAL LAW ADDRESSING THE TREATMENT OF FARM ANIMALS. AMONG OTHER PROPOSALS, THE PLAN WOULD NEARLY DOUBLE THE AMOUNT OF SPACE CURRENTLY ALLOTTED FOR EGG-LAYING HENS. AS A RESULT OF THIS AGREEMENT, BALLOT MEASURES TARGETING THE EGG INDUSTRY IN WASHINGTON STATE AND OREGON HAVE BEEN PUT ON HOLD.

BIOTECH GRASS: BIOTECH GRASS COULD BE COMING TO A LAWN NEAR YOU. ON FRIDAY THE AG DEPARTMENT EXEMPTED A GENETICALLY-ENGINEERED GRASS FROM FEDERAL REGULATION. SCOTTS IS DEVELOPING A KENTUCKY BLUEGRASS VARIETY THAT CAN TOLERATE ROUND-UP, A POPULAR WEED-KILLING CHEMICAL. LIMITED FIELD TESTING HAS BEGUN, BUT THE PRODUCT IS NOT EXPECTED TO HIT THE MARKET FOR YEARS.

MACHINERY MINUTE; BROADBAND: DID YOU KNOW THAT NEARLY ONE OUT OF EVERY THREE HOMES IN RURAL AMERICA DOES NOT ENJOY THE BENEFITS OF BROADBAND INTERNET SERVICE? WITH THAT FACT IN MIND, THE AG DEPARTMENT AND THE FEDERAL COMMUNICATION COMMISSION ARE WORKING WITH CONGRESS TO PLACE NEW EMPHASIS ON BRINGING HIGH SPEED SERVICE TO RURAL COMMUNITIES. THE AGENCY SAYS THERE ARE 26 MILLION AMERICANS WHO LACK BROADBAND ACCESS, AND 75% OF THESE FOLKS LIVE IN RURAL AREAS. DURING A GATHERING OF THE NATIONAL RURAL ASSEMBLY, CLYBURN COMPARED THE LACK OF BROADBAND TO RURAL ELECTRIFICATION IN THE 1920S.

SEAFOOD BLOGGERS: THE LOUISIANA SEAFOOD INDUSTRY WANTS TO USE THE "BLOG-OSHPHERE" TO SPREAD THE WORD ABOUT THEIR PRODUCTS. AS SLUDGE FROM THE BP OIL DISASTER WASHED ASHORE, SEAFOOD SALES DRIED-UP FROM FEAR OF OIL CONTAMINATION. IN THIS REPORT FROM THE LOUISIANA FARM BUREAU, AVERY DAVIDSON TELLS US THE GOAL IS TO SHOW HOW SEAFOOD FROM THE GULF ENDS UP ON YOUR DINNER TABLE.

HEARTLAND MO DIME STORE: YOU MAY NOT KNOW THIS, BUT WAL-MART GREW OUT OF WHAT WAS ONCE A SMALL TOWN DIME STORE. IN BRANSON, MISSOURI - THERE'S A DIME STORE THAT WILL NEVER BE WAL-MART...AND IT INTENDS TO STAY THAT WAY. STEVE GRANT FROM AFFILIATE KY3 TAKES US THROUGH A 50-YEAR-OLD SHOPPING INSTITUTION. DICK'S FIVE-AND-DIME IS LOCATED ON WEST MAIN STREET IN THE HEART OF BRANSON. THE STORE HAS A WEB SITE - WE'LL POST A LINK ON OUR HOME PAGE FOR INSTANT ACCESS.

BAXTER BLACK: TIME NOW FOR OUR BI-WEEKLY VISIT FROM BAXTER BLACK. THIS WEEKEND - HE'S ALL ABOUT AVOCADO'S. UP NEXT - WE'LL HAVE TRACTOR TALES AND OUR COUNTRY CHURCH SALUTE...PLEASE STAY WITH US.

TRACTOR TALES: TRACTOR TALES THIS WEEK TAKES US TO OHIO TO CHECK OUT A CLASSIC JOHN DEERE. THIS MODEL 330 WAS SENT OUT OF THE FACTORY FOR A NON-TRADITIONAL PAINT JOB. COLLECTOR KENNY SMITH TELLS US WHY...JOHN DEERE STARTED DOING THIS FOR CUSTOMERS IN THE 1940'S. IN THE 70'S THEY EXPERIMENTED WITH OTHER COLORS INCLUDING ORANGE, YELLOW AND BLUE GARDEN...CALLING THEM THEIR "PATIO" SERIES OF MOWERS. NEXT WEEK, THE STORY OF A FULLY RESTORED CASE 500 DIESEL. THIS WHEATLAND STYLE TRACTOR WAS BUILT IN 1954 AND FOUND ITS WAY TO SOUTHERN MICHIGAN - THAT'S WHERE TWO COLLECTORS WORKED TOGETHER TO BRING IT BACK TO ITS ORIGINAL CONDITION.

CHURCH SALUTE: TODAY'S COUNTRY CHURCH SALUTE GOES TO THE GREENBUSH UNITED METHODIST CHURCH IN ST. JOHNS, MICHIGAN. DATING ALL THE WAY BACK TO 1849, THE CHURCH MET IN A LOG SCHOOL HOUSE UNTIL A PERMANENT STRUCTURE WAS BUILT IN 1898. STAINED GLASS WINDOWS PURCHASED BY EARLY MEMBERS REMAIN IN ORIGINAL CONDITION TODAY...AS DOES A BELL THAT CAN BE HEARD MILES AWAY. THE CHURCH IS WELL KNOWN FOR ITS ANNUAL SWISS STEAK DINNERS HELD EACH SEPTEMBER. OVER THE YEARS MORE THAN 60 PASTORS HAVE SERVED THE CONGREGATION WHICH NOW NUMBERS 29 MEMBERS. THE CURRENT PASTOR IS MONA DYE. WE SALUTE THE GREENBUSH UNITED METHODIST CHURCH OF ST. JOHN'S MICHIGAN. AS ALWAYS WE WANT TO LEARN ABOUT YOUR HOME CHURCH AS WELL... SALUTES CAN BE SENT TO THE ADDRESS ON THE SCREEN. STAY WITH US - THE MAILBAG IS NEXT.

MAILBAG: TIME NOW FOR OUR WEEKLY LOOK INSIDE THE FARM REPORT MAILBAG. JOHN JOINS US NOW WITH MORE ON THE WIND POWER DEBATE. AS ALWAYS, WE WANT TO HEAR FROM YOU, SEND COMMENTS TO MAILBAG@USFARMREPORT.COM OR LEAVE US A VOICE MAIL AT 800-792-4329.
 

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