TODAY ON AGDAY
JANUARY 9, 2017
HEADLINES
AG SECRETARY VILSACK LEAVES NOTES FOR HIS SUCCESSOR. PLUS CHANGES TO NUTRITION ASSISTANCE PROGRAMS.. IN AGRIBUSINESS...GETTING PREPARED REGARDLESS OF MARKET DIRECTION. WE’VE ALWAYS GOT TWO SIDES TO THE COIN. MACHINERY PETE SAYS HE SEES A SHIFT IN PLANTER TRENDS. AND OCEAN BASED FISH FARMING GETS A BOOST FROM NEW RULES. WE’LL HAVE THAT STORY LATER ON IN THE COUNTRY. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
VILSACK’S “WISH LIST”
GOOD MORNING I’M CLINTON GRIFFITHS. THERE ARE JUST A FEW DAYS LEFT IN THE TOM VILSACK ADMINISTRATION AT USDA. BEFORE HE GOES, THE AG SECRETARY IS LEAVING A “WISH LIST” OF THINGS HE’D LIKE TO SEE ACCOMPLISHED BY THE INCOMING SECRETARY. ACCORDING TO PROFARMERS WASHINGTON CONSULTANT, SECRETARY VILSACK LEFT AN EXIT MEMO WITH SEVERAL BULLET-POINTS. VILSACK WOULD LIKE CONGRESS TO LIFT SOME RESTRICTIONS WHICH CURRENTLY LIMITS USDA’S USE OF COMMODITY CREDIT CORPORATION FOR EMERGENCY FINANCIAL ASSISTANCE TO FARMERS. WE’D ALSO LIKE TO SEE IMPLEMENTATION OF THE GMO LABELING LAW WHICH PRESIDENT OBAMA SIGNED IN JULY. VILSACK WANTS THE NEXT ADMINISTRATION TO MODIFY SAFETY NET PROGRAMS, SUCH AS THE DAIRY MARGIN PROTECTION PROGRAM. COINCIDENTALLY, IT’S WIDELY EXPECTED THAT VILSACK WILL ASSUME A LEADERSHIP POST IN THE DAIRY SECTOR WHEN HE LEAVES USDA THIS MONTH. I SAT DOWN WITH THE OUTGOING SECRETARY RECENTLY AND ASKED HIM ABOUT HIS ADVICE FOR THE NEXT ADMINISTRATOR. " THERE’S NOTHING WE CAN’T DO. WE’VE SURPRISED SO MANY PEOPLE DURING THE 8 YEARS WHEN WE SAY WE NEED MONEY FOR MENTAL HEALTH CLINICS. WE CAN DO THAT AT USDA OR WE NEED HELP WITH REFINANCING HOMES DURING THE RECESSION. WELL WE CAN DO THAT AT USDA. OR WE NEED WATER PROJECTS FOR FLINT MICHIGAN. WELL WE DO THAT AT USDA. OR THE OPOID ISSUE. WE DO THAT AT USDA. SO I THINK THAT THERE’S A BETTER UNDERSTANDING OF THE SCOPE AND REACH OF THE DEPARTMENT AND I THINK TO THE EXTENT WHERE WE CAN ACCELERATE THAT UNDERSTANDING FOR FOLKS ON THE HILL. IT’S BECAUSE I’M DEALING WITH A BUDGET THAT’S LESS THAN WHEN I CAME INTO THIS OFFICE. THAT HAS PRESENTED AN INTERESTING SET OF CHALLENGES. THAT’S ALSO GIVEN US AN OPPORTUNITY TO BECOME MORE EFFICIENT. WE’VE LOOKED AT EVERYTHING FROM PERSONELL TO SPACE TO HOW WE BUY THINGS TO WHAT WE BUY AND WHEN WE BUY THEM. ALL OF THAT, YOU’D EXPECT A GOOD BUSINESS OPERATION. WE’VE SAVED OVER A BILLION AND A HALF DOLLARS ON AN ANNUAL BASIS WITH THE WORK WE’VE DONE. THAT’S ALLOWED US TO DO MORE WITH LESS RESOURCES. BUT THERE IS A POINT WHERE YOU BEGIN TO STRETCH AND CUT INTO THE MUSCLE AND FIBER AND I HOPE THE NEXT SECRETARY DOESN’T HAVE QUITE THE BUDGET CHALLENGES WE’VE HAD.”
AFBF IN PHOENIX
POLICY IS GOING TOP OF MIND THIS WEEK AT THE 98TH ANNUAL AMERICAN FARM BUREAU FEDERATION CONVENTION. MEMBERS FROM ACROSS THE COUNTRY WILL BE IN PHOENIX TO DISCUSS AND MAP OUT THE FEDERATIONS POLICY POSITIONS...AS A NEW ADMINISTRATION TAKES OFFICE. WE’LL HAVE REPORTS AND INTERVIEWS FROM THE FLOOR THROUGHOUT THE WEEK.
CLIMBING MILK PRICES
DESPITE SOME DAIRY INDUSTRY POLICY CONCERNS, MILK PRICES CONTINUE TO CLIMB. USDA SAYS IT’S DECEMBER CLASS THREE MILK PRICE HIT A TWO YEAR HIGH. AT 17-40 PER HUNDRED--THAT’S NEARLY 3 DOLLARS HIGHER THAN A YEAR AGO. FOR THE YEAR CLASS THREE PRICES AVERAGED 14-87. CLASS 4 PRICES WERE ALSO UP LAST MONTH TO NEAR 15 DOLLARS. MILK WASN’T THE ONLY THING THAT RALLIED INTO THE END OF THE YEAR. WE SAW THE STOCK MARKET REALLY MAKE A MOVE. WE SAW CONSUMERS WERE REALLY LIBERAL WITH THEIR CHRISTMAS SPENDING AND GO OUT TO EAT SPENDING AT LEAST WE BELIEVE THAT. ORDERS IN GROCERY STORES HAD BEEN UP. SO GOOD DEMAND UNDERPINNING THE MARKET AND DECLINING WORLD SUPPLIES. QUESTION IS CAN THAT LAST IN THE YEAR AHEAD AND WE’RE CAUTIOUS WITH THAT.
OKLAHOMA BEEF COUNCIL EMBEZZLEMENT
THE OKLAHOMA BEEF COUNCIL IS DEALING WITH NEW REVELATIONS THAT OVER 8 YEARS, AN EMPLOYEE APPARENTLY EMBEZZLED 2 POINT 6 MILLION DOLLARS. OFFICIALS SAY THE PERSON WAS IMMEDIATELY FIRED. AND INVESTIGATION CONTINUES. CRIMINAL AND CIVIL CHARGES ARE EXPECTED.
CROP COMMENTS
CROP COMMENTS IS POWERED BY RESICORE HERBICIDE FOR CORN, FROM DOW AGROSCIENCES. MIKE HOFFMAN HAS A LOOK AT SOME FROSTY CONDITIONS FROM THE NORTHERN PLAINS TO THE SOUTHEAST IN THIS MORNING’S CROP COMMENTS. LET’S START OFF IN SULPHUR ROCK, ARKANSAS. MATT CARTER SENT US THIS PHOTO LAST WEEK WHEN HE RECEIVED ABOUT 2 INCHES OF SNOW. HE SAYS THE COWS DON’T MIND IT BECAUSE OF THEIR FUR LINED ‘LEATHER JACKETS’ YEAR ROUND. TEMPERATURES ARE WARMING UP IN THAT AREA THIS WEEK. THOSE COLD CONDITIONS ARE EVEN WORSE IN REVILLO, SOUTH DAKOTA. HEATH PETERSON SAYS HE HAS SNOW ON TOP OF ICE SO IT’S EVEN MORE DANGEROUS WALKING AROUND AND DOING CHORES. NOW TAKING A LOOK AT THE DROUGHT MONITOR YOU CAN THE DRY AREAS IN THE SOUTHEAST AND EXPANDING AREAS IN THE SOUTHERN PLAINS WE’LL HAVE YOUR FORECAST COMING UP BUT NOW HERE ARE SOME HOMETOWN TEMPS
MAKING CHANGES TO WIC
AN ADVISORY PANEL IS SUGGESTING THAT USDA MAKE CHANGES TO THE “MENU” IN THE WIC PROGRAM. AND THOSE PROPOSED CHANGES COULD MEAN LESS MILK AND PEANUT PRODUCTS. BUT IT COULD ALSO MEAN MORE FRUIT AND VEGGIE CONSUMPTION BY PEOPLE IN THE PROGRAM. THE NATIONAL ACADEMIES OF SCIENCES, ENGINEERING AND MEDICINE CONDUCTED THE STUDY ON BEHALF OF THE AG DEPARTMENT. WIC FEEDS ABOUT EIGHT MILLION WOMEN, INFANTS AND CHILDREN. THE COMMITTEE IS RECOMMENDING WIC ADD MORE FISH, WHOLE GRAINS AND PRODUCE. BUT IT ALSO WOULD LIKE TO SEE A DECREASE IN JUICE, MILK, LEGUMES AND PEANUT BUTTER. THE NATIONAL MILK PRODUCERS FEDERATION IS CRITICAL OF THE SUGGESTION TO REDUCE MILK. HOWEVER IT DOES GIVE THE PANEL CREDIT FOR ENCOURAGING WIC USERS TO CONSUME MORE CHEESE AND YOGURT. WHILE WE COULD SEE A REDUCTION IN PEANUT CONSUMPTION IN WIC, NEW DIETARY GUIDELINES FROM A DIFFERENT AGENCY COULD SPUR AN INCREASE. AS WE FIRST REPORTED LAST WEEK, THE NATIONAL INSTITUTES FOR HEALTH IS NOW SAYING PARENTS SHOULD START INTRODUCING PEANUT FOOD PRODUCTS TO INFANTS. THIS IS COUNTER TO WHAT THE GOVERNMENT AND ALLERGY EXPERTS HAVE BEEN SAYING FOR YEARS. THEY SAY AN EARLIER INTRODUCTION WILL TRAIN THE IMMUNE SYSTEMS TO NOT OVERREACT AND CAUSE A DANGEROUS ALLERGIC REACTION LATER IN CHILDHOOD. DOCTOR B-J LANSER AT NATIONAL JEWISH HEALTH IN DENVER SAYS THE GUIDELINES ARE A NEW WAY OF THINKING FOR DOCTORS AND PARENTS WHO CARE FOR THE SIX MILLION CHILDREN IN THE U.S. WHO SUFFER FROM FOOD ALLERGIES. “IF YOUR CHILD IS NOT AT RISK, IF A NORMAL HEALTHY CHILD, YOU WANT TO INTRODUCE ALL FOODS - MILK, EGG, WHEAT, SOY, PEANUT, TREE NUTS, EARLY IN LIFE WHEN DEVELOPMENTALLY APPROPRIATE. BUT IF YOU’RE AT RISK FOR ALLERGIES, SEVERE ECZEMA OR EGG ALLERGY, THEN YOU WANT TO BE SCREENED FOR PEANUT ALLERGY BEFORE INTRODUCING PEANUT. " RESULTS OF CLINICAL TRIALS WERE PUBLISHED NEARLY TWO YEARS AGO. BUT IT TOOK THIS LONG TO COME-UP WITH THE GUIDELINES. THE STUDY INVOLVED 600 CHILDREN. HALF RECEIVED PEANUTS. HALF DID NOT. AFTER FOLLOWING THE GROUP FOR SEVERAL YEARS, RESEARCHERS DETERMINED THAT 81-PERCENT OF THE GROUP THAT HAD PEANUTS ADDED TO THEIR DIETS SAW A REDUCTION IN ALLERGIES.
TEASE
WHEN WE RETURN WE’LL SIT DOWN AT THE AGRIBUSINESS DESK TO DISCUSS GRAINS MARKETS AND PREPARING FOR DIFFERENT SCENARIOS. PLUS MACHINERY PETE... STAY TUNED FOLKS COMING UP WE’LL TALK ABOUT HOW LATE MODEL USED PLANTER VALUES GOT STRONGER LATE IN 2016. AND THE FEDERAL GOVERNMENT IS FISHING FOR SUSTAINABLE SOLUTIONS TO THE GROWING HUNGER PROBLEM. 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!
FLOOR OF THE CME
IN AGRIBUSINESS LAST WEEK SAW SEVERAL DAYS OF INTERESTING TRADE. LETS SEE HOW THINGS CLOSED OUT THE WEEK FROM THE FLOOR OF THE CME IN CHICAGO. GRAIN MARKETS GENERALLY TRADING LOWER AFTER WHAT CAN ONLY BE TERMED A VERY DISAPPOINTING EXPORT SALE REPORT HERE TODAY. THE MAJOR DISAPPOINTMENT REALLY COMING IN THE SOYBEANS. LESS THAN 100 THOUSAND TONS IN WEEKLY SALES AND BOY, I STARTED TO REMEMBER WHEN WE’VE SEEN A NUMBER QUITE THAT LOW. IT’S A BEEN A LONG LONG TIME. REALLY, UP UNTIL NOW, WE’VE BEEN AT A MILLION AND A HALF TO 2 MILLION TONS A MONTH. REALLY, A DRAMATIC CHANGE HERE FOR THE CHRISTMAS AND NEW YEARS HOLIDAY AND HOPEFULLY IT WILL BE A SHORT-TERM THING AND WE WILL SEE THESE MARKETS START TO CREATE SOME NEW DEMAND HERE IN THE VERY SHORT TERM. A WEAKER DAY IN THE CATTLE AND HOGS FOR THE MOST PART. IT’S TRIGGERED IN PART BY SOME VERY DISAPPOINTING EXPORT SALES. EXPORT SALES FOR BEEF AND PORK WERE BOTH EXTREMELY LOW. REALLY MUCH LOWER THAN WHAT WE’VE BEEN SEEING IN THE COURSE OF THE LAST SEVERAL WEEKS. REALLY NOT MUCH IN THE WAY OF CATTLE SALES AFTER THE BIG TRADE ON WEDNESDAY. THE MARKET WAS PRETTY QUIET YESTERDAY AND SEEMS TO BE QUIET TODAY. THAT’S KIND OF A DISAPPOINTMENT TO THE TRADE WHICH HOPED FOR CONTINUED VOLUME AT HIGHER PRICES. THANKS VERY MUCH. THIS IS JACK SCOVILLE WITH PRICE FUTURES GROUP HERE ON THE FLOOR WITH SOME COMMENTS FROM THE MARKETS.
AGRIBUSINESS
BRYAN DOHERTY WITH STEWART-PETERSON IS OUR GUEST AT THE AGRIBUSINESS DESK TODAY. BRIAN, LET’S TALK ABOUT THIS SCENARIO WE COULD SEE IN 2017. BECAUSE REALLY, WE HAVE TWO SIDES OF A COIN HERE. WE’VE HEARD SOME TALK ABOUT SOYBEANS DOWN TO 6 BUCKS BUT IT DOESN’T HAVE TO GO DOWN THERE, RIGHT? YEAH, YOU’VE ALWAYS GOT TWO SIDES TO THE COIN AND SOMETIMES THE EASIEST APPROACH FROM A MARKETING PERSPECTIVE IS TO ASSUME NORMAL PRODUCTION UNTIL PROVEN OTHERWISE BUT ALWAYS ALWAYS ALWAYS BE PREPARED. YOU LOOK AT THE SOUTHERN HEMISPHERE AND THE POTENTIAL THEY HAVE TO PRODUCE BIG CROPS AND IT CERTAINLY IS SCARY. THERE ARE FORECASTS OUT THERE SAYING THE WORLD IS GOING TO BE A SWIM IN CORN AND BEANS. THAT MAY VERY WELL BE THE CASE BUT THAT TAKES BEST CASES SCENARIOS AND ASSUMPTION THAT DEMAND IS GOING TO FALL BY THE WAISTSIDE. ALSO, WE COULD HAVE SOME BULLISH SCENARIOS. SO, WE WANT TO ENCOURAGE PRODUCERS TO PUSH A PENCIL TO THE HIGHEST PROBABILITY TO SELL AND BE PREPARED FOR THE UNEXPECTED. I’LL TELL YOU THIS: AFTER ALMOST 27 OR 28 YEARS AND YOU KNOW, NO BEAR MARKET SAID THIS DATE AND THIS IS GOING TO HAPPEN. THINGS CHANGE. WHEN THEY DO, THEY CHANGE IN A HURRY AND I WILL ARGUE THAT MONEY IS MADE IN THE MIDDLE. IT’S HARD TO PICK A TOP AND HARD TO PICK A BOTTOM BUT THE SPEED THE MARKET MOVES IN THE MIDDLE IS INCREDIBLE. WE GO BACK TO LAST YEAR. CORN ENDS AT 4.49 ON DECEMBER WITHIN 10 DAYS, A BUCK LOWER. 15 BILLION DOLLARS WORTH OF AGRICULTURE CAPITAL OUT THE WINDOW. THE MESSAGE HERE IS YES, IT COULD GO DOWN OR UP ON BOTH OF THESE MARKETS. BUT, YOU’VE GOT TO BE PREPARED TO MAKE MONEY SOMEWHERE IN HERE. I THINK THE PREPAREDNESS IS IN SHIFTED RISK. AND GETTING YOURSELF OPPORTUNITIES. SO, THAT IS GOING TO REQUIRE TO EXPLORE USING THE OPTION MARKETS AND TOOLS SO THAT YOU’RE WELL BALANCED. LOOK AT CORN, THERE’S ENDLESS SUPPLY RIGHT NOW WITH THE CARRYOUT AND STOCKS. THAT COULD CHANGE IN A HEARTBEAT IN THREE TO FOUR WEEKS AND THEN ALL OF THE SUDDEN YOU GO TO 10 YEAR LOWS. SO BE PREPARED FOR CORN TO MAKE A SIGNIFICANT RALLY, ESPECIALLY IF YOU SELL A BUNCH OF IT WHERE YOU SHOULDN’T. ALRIGHT, WELL GOOD ADVICE. YOU KNOW THEY SAY NO ONE EVER GETS A PRIZE FOR PICKING THE TOP OR THE BOTTOM. APPRECIATE YOU BEING HERE. WE’LL BE BACK FOR MORE AGDAY IN A MINUTE. TO DISCUSS MARKETING STRATEGIES CALL 800-334-9779 OR VISIT STEWART- PETERSON.COM
WEATHER
AGDAY WEATHER - BROUGHT TO YOU BY ILEVO SEED TREATMENT FROM BAYER. WELCOME BACK TO AGDAY. METEOROLOGIST MIKE HOFFMAN. LOOKING AT RAINFALL OVER THE LAST WEEK. WE CAN SEE WHY THE DROUGHT MONITOR IMPROVED IN THE SOUTHEAST. PRETTY BIG AMOUNT OF RAIN, NO DOUBT ABOUT IT. THE REST OF THE COUNTRY DIDN’T SEE ANYTING MASSIVE. BECAUSE THAT’S A LOT IN THE FORM OF SNOW AND SNOW DOENS’T HAVE THE SAME AMOUNT OF MOISTURE IN IT. BUT YOU CAN SEE IN THE SOUTHEAST, ESPECIALLY THE GULF COAST, GETTING INUNDATED WITH A HOLE BUNCH OF RAIN. NOW THIS IS LAST SATURDAY, A WEEK AGO THRU THIS PAST FRIDAY AND YOU CAN SEE THE AMOUNTS WERE SUBSTANTIAL OVER 8 INCHES IN PARTS OF WEST CENTRAL GA, SOUTHERN HALF OF LOUISIANA, AND FAR SOUTHERN MISSISSIPPI. OBVIOUSLY GOING TO HELP THE DROUGHT MONITOR ONCE AGAIN AS WE HEAD INTO NEXT WEEK. THERE’S THE JET STREAMS AS WE HEAD THRU THIS WEEK,. ALOT MORE ZONAL AND AS WE HEAD THRU TUESDAY ONTO WEDNESDAY AND THAT’S KEEPING ARCTIC AIR BOTTLED UP. THE ARCTIC AIR WAS IN OUR AREA OVER THE WEEKEND THE NORTHEAST QUADRANT OF THE COUNTRY - KINDA MOVING ALWAY SO THAT’S ALLOWING THINGS TO MODERATE. THERE’S STILL SHOTS OF ARCTIC AIR IN NORTHERN TIER STATES, BUT IT WON’T COME VERY FAR SOUTH. AND I DON’T SEE THAT RETURNING ANY TIME SOON, EVERY LITTLE TROUGH IS A STORM SYSTEM AND A SHOT OF COLDER AIR, BUT THE TRUE ARCTIC AIR GETTING BOTTLED UP AS WE HEAD THRU NEXT WEEK. THERE’S THE TEMPS I EXPECT FOR THE COMING WEEK, BELOW NORMAL FOR NORTHERN THIRD OF THE PLAINS. BACK INTO NORTHWEST. DOWN INTO THE CENTRAL AND NORTHERN CALIF, ABOVE NORMAL TEMPS FROM THE FOUR CORNER REGION ACROSS TEXAS, MOST OF THE SOUTHEAST, EASTERN OHIO VALLEY AND EASATERN SEABOARD. AS FAR AS PRECIPRPECIP FOR THIS COMING WEEK, A COUPLE OF STORM SYSTEMS WILL PRODUCE ABOVE NORMAL FOR MOST OF GREATL LAKE DOWN INTO CENTRAL MISSISSIPPI VALLEY AND UP INTO NORTHEAST. ALSO ABOVE NORMAL FOR THE CENTRAL ROCKIES BACK TO THE WEST COAST.BELOW NORMAL WEST TEXAS AND MOST OF MEXICO AND MOST OF FLORIDA. 30 DAY OUTLOOK LOOKS SIMILAR, I SEE A SIMILAR PATTERN SETTING UP. IT MAY TURN COLDER IN THE LATTER DAYS OF THIS 30 DAY PERIOD BUT I THINK THE NORTHERN PLAINS, NORTHWEST BELOW NORMAL. PRETTY FAR SOUTH, SOUTHERN AREAS, SOUTHEAST AND UP IN MID ATLANTIC. ABOVE NORMAL TEMPS. PRECIPITATION THE NEXT 30 DAYS - THIS IS ALWAYS TRICKY - BUT ABOVE NORMAL FOR MUCH OF GREAT LAKES, BACK INTO NORTHERN MISSISSIPPI VALLEY AND INTO NORTHEAST. BELOW NORMAL FOR SOUTHERN AND CENTRAL TEXAS. AND ABOVE NORMAL FOR THE INTERMOUNTAIN REGION INTO MUCH FOR CALIF AND OREGON. GOOD NEWS FOR SOUTHERN ROUTE AS WELL. THAT’S A LOOK ACROSS THE COUNTRY. NOW LET’S LOOK AT SOME LOCAL FORECASTS. FIRST OFFL LETS HEAD TO WICKENBURG, AZ MOSTLY CLOUDY, SLIGHT CHANCE OF SHOWER. HIGH OF 65. AUSTIN, TEXAS. MOSTLY CLOUD AND BECOMING WARM HIGH OF 68. AND FINALLY BANGOR MAINE, LOTS OF SUSHINE, STILL COLD. HIGH OF 11.
CALF LOOSE ON HIGHWAY
THANKS MIKE. A WAYWARD CALF WAS NO MATCH FOR A QUICK THINKING SHERIFF AND HIS COWBOY BUDDY.THE CALF WAS LOOSE ON A HIGHWAY IN HENRY COUNTY, TENNESSEE. FEARING THE CRITTER MIGHT CAUSE AN ACCIDENT, THEY TOOK MATTERS INTO THEIR OWN HANDS."WE JUST ROPED HIM. WE JUST GOT HIM. TIE HIM TO THE FRONT OF MY CAR."THIS VIRAL VIDEO HAS RACKED-UP MORE THAN TWO MILLION HITS. NOW, WE DON’T RECOMMEND YOU TRYING THIS....BUT IT WAS SUCCESSFUL.
TEASE
NEXT MACHINERY PETE. AND LATER - THE GOVERNMENT EXPANDS ITS PLANS FOR FISH FARMING IN FEDERAL WATERS.
MACHINERY PETE
IT’S NEVER TOO EARLY TO START THINKING ABOUT PLANTING SEASON. MACHINERY PETE JOINS US TO TALK PLANTER PRICES AND TRENDS TO WATCH FOR IN 2017. WELL I’VE TALKED AND WRITTEN A LOT LATELY ABOUT HOW LATE MODEL LARGE USED TRACTOR COMBINE VALUES REALLY SOLIDIFIED THROUGH TWENTY SIXTEEN. ONE AREA THAT HAD BEEN A TROUBLE SPOT WAS SOFTER VALUES HAD BEEN LARGE LATE MODEL USED PLANTERS WELL I STARTED TO SEE THAT TURNAROUND LATE IN TWENTY SIXTEEN. NOW HERE’S JUST TWO EXAMPLES THIS TWENTY FIFTEEN JOHN DEERE D B SIXTY SIX THIRTY SIX ROW TWENTY TWO INCH PLANTER ON TRACKS SOLD ON A FARM AUCTION NOVEMBER SEVENTEENTH OUT IN WEST CENTRAL MINNESOTA IT WENT FOR TWO HUNDRED TWENTY THOUSAND DOLLARS AND I WAS THERE COVERING THE SALE AND I KNOW EYES WILL REALLY OPEN AND THAT TWO HUNDRED TWENTY THOUSAND DOLLARS PRICE TAG NOW LATER IN THE YEAR DECEMBER TWENTY NINETH HERE’S A PICTURE OF THE TWENTY FIFTEEN KINSEY THIRTY SIX 3660 SIXTEEN THIRTY ONE PLANTER HAD DONE TWELVE HUNDRED ACRES SOLD ON AN ABSOLUTE CONSIGNMENT AUCTION IN WEST CENTRAL ILLINOIS ON DECEMBER TWENTY NINTH ONE HUNDRED NINETEEN THOUSAND DOLLARS. HOW STRONG IS A PRICE? WELL IF YOU GO TO MACHINERY PETE DOT COM YOU’LL SEE WITH THE FORTY SEVEN KINSEY THIRTY SIX SIXTY PLANTERS LISTED FOR SALE THE DAY FROM DEALERS ALL ACROSS THE COUNTRY AND ONLY FOUR ARE HIGHER THAN THAT ONE HUNDRED NINETEEN THOUSAND DOLLARS PRICE TAG.
TEASE
AND UNCLE SAM LOOKS TO EXPAND AQUACULTURE IN FEDERAL WATERS. DETAILS AS WE HEAD IN THE COUNTRY.
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. AT A TIME WHEN THE WORLD’S POPULATION IS GROWING, ALONG WITH THE NEED TO FEED THOSE PEOPLE. U-S OFFICIALS ARE WORKING ON A PLAN TO EXPAND FISH FARMING INTO FEDERAL WATERS AROUND THE PACIFIC OCEAN. KRYSTA FAURIA
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.
