TODAY ON AGDAY
MARCH 13, 2017
HEADLINES
THE AG SECRETARY NOMINEE MOVES FORWARD. PLUS, “I’M MICHELLE ROOK HERE AT COMMODITY CLASSIC WHERE THE BIG BUZZ WAS ABOUT POSSIBLE CHANGES IN RENEWABLE FUELS POLICY. I’LL HAVE THE DETAILS TODAY ON AGDAY.” IN AGRIBUSINESS...ARE WE IN A TRADE WAR WITH CHINA? MACHINERY PETE SAYS HE’S SEEING SOME IMPRESSIVE SKID STEER PRICES. AND THIS ROAD TESTED ROBOT IS READY TO MAKE A SPECIAL DELIVERY AT A TOWN NEAR YOU. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
PURDUE PAPERWORK FILED
GOOD MORNING I’M CLINTON GRIFFITHS. AN NEW SECRETARY OF AGRICULTURE IS ONE STEP CLOSER TO REALITY. PAPERWORK FOR SONNY PERDUE HAS NOW OFFICIALLY BEEN FILED --AND REFERRED TO THE SENATE AG COMMITTEE. SENATE AG COMMITTEE CHAIR PAT ROBERTS SAYS AS SOON AS THEY GET THE FBI BACKGROUND CHECK BACK, A HEARING CAN BE SCHEDULED. THE FORMER GEORGIA GOVERNOR DEALING WITH SCRUTINY LAST WEEK AS SEVERAL GROUPS ARE ACCUSING HIM OF ETHICS VIOLATIONS. AMERICAN FARM BUREAU PRESIDENT ZIPPY DUVALL IS A FELLOW GEORGIAN WHO SAYS, “I DON’T THINK YOU’RE GOING TO FIND A MAN ANY MORE ETHICAL THAN SONNY PERDUE. THESE NEW QUESTIONS ARE LIKELY TO COME UP DURING HIS CONFIRMATION HEARING.
RFS DEAL STRUCK
RENEWABLE FUELS POLICY HAS BEEN A BIT OF AN UNKNOWN UNDER THE NEW ADMINISTRATION, JUST A FEW WEEKS AGO PRESIDENT TRUMP SENT A LETTER TO THE RENEWABLE FUELS ASSOCIATION COMMITTING TO UPHOLD THE RENEWABLE FUELS STANDARD. BUT REPORTS FROM RFA THE FOLLOWING WEEK THAT A DEAL HAD BEEN STRUCK ON RENEWABLE FUELS POLICY STARTED A FIGHT WITHIN THE INDUSTRY. THE WHITE HOUSE DENIED THE DEAL OR PENDING EXECUTIVE ORDERS. AGDAY’S MICHELLE ROOK FOLLOWED THE STORY AS IT UNFOLDED AT COMMODITY CLASSIC. A POSSIBLE CHANGE IN THE NATION’S BIOFUELS POLICY WAS THE BIG NEWS AMONG FARM GROUPS HERE AT COMMODITY CLASSIC. IT STEMMED FROM A LIKELY EXECUTIVE ORDER TO CHANGE THE POINT OF OBLIGATION IN THE RENEWABLE FUELS STANDARD, WHICH IS OPPOSED BY THE ETHANOL INDUSTRY. “WITH THAT WOULD COME TREMENDOUS UPHEAVAL FOR THE RENEWABLE FUELS STANDARD. WE’RE TALKING ABOUT 100S MORE OBLIGATED PARTIES.” IN EXCHANGE A DEAL WAS REPORTEDLY STRUCK IN WASHINGTON BY RFA TO LIFT THE REID VAPOR PRESSURE RULE."IT PROVIDES THE OPPORTUNITY FOR MARKETERS TO SELL E15 YEAR ROUND, SOMETHING THAT THEY DO NOT HAVE TODAY.” DINEEN SAYS THEY OPPOSE THE OBLIGATION CHANGE, BUT IF IT WAS A DONE DEAL THEY WANTED EXPANSION OF THE E15 MARKET. DINEEN, “I’M GONNA MAKE SURE THAT IF THIS CHANGE OCCURS THAT OUR REGULATORY ISSUES ARE ALSO ADDRESSED."BUT LET THE REFINERS AND THE MARKETERS WORRY ABOUT WHO HAS THE OBLIGATION. I DON’T CARE. I’M FOCUSED ON HOW I CAN GROW DEMAND.” FUELS AMERICA MEMBERS FIRED BACK SAYING IT WAS A BAD DEAL THAT WOULD TAKE THE ECONOMIC INCENTIVE AWAY FROM RETAILERS TO SELL E15 OR HIGHER BLENDS. SKOR, “TRADING RVP FOR POINT OF OBLIGATION IS A BAD DEAL FULL STOP.” SKOR, “AND THEY HAVE TOLD ME UNEQUIVOCALLY IF THIS DEAL GOES THROUGH WE WILL STOP SELLING E15 BECAUSE WE HAVE NO INCENTIVE TO DO SO.” MEANWHILE, LEGISLATION HAS BEEN INTRODUCED TO EXPAND THE RVP WAIVER. SKOR, “WE ALL WANT REID VAPOR PRESSURE WAIVER. EPA COULD DO THAT ITSELF, BUT THE PERMANENT ABSOLUTE FIX WOULD BE THROUGH CONGRESS.” BIODIESEL SUPPORTERS WERE ALSO ENCOURAGED BY THE ADMINISTRATION’S CALL TO REINSTATE THE $1 PER GALLON BIODIESEL TAX CREDIT, WITH A CHANGE ALLOWING USE ONLY BY U.S. BLENDERS. “WE BELIEVE THAT IF WE TRULY WANT TO SUPPORT THIS INDUSTRY THAT WE NEED TO CHANGE THIS TO A PRODUCER’S CREDIT.” “PAYING A CREDIT TO THE SOUTH AMERICANS OR TO THE ARGENTINIANS WON’T WORK GOING FORWARD. THAT MEANS THAT WE COULD BUMP UP U.S. SOYBEAN OIL USAGE FOR BIODIESEL BY SOME 6 OR 800 MILLION POUNDS.” SO FAR, THE WHITE HOUSE HAS YET TO CONFIRM THE ORDER. AT COMMODITY CLASSIC I’M MICHELLE ROOK REPORTING FOR AGDAY.
ASKING TRUMP TO SUPPORT RFS
A LETTER TO THE PRESIDENT ASKING HIM TO SUPPORT THE RFS. AND THE ETHANOL INDUSTRY CONTINUES TO WORK WITH EPA ON BOTH POLICY ISSUES. RIGHT NOW THERE ARE 150 REFINERS AND FUEL IMPORTERS IN THE U-S WHO ARE RESPONSIBLE FOR THE “POINT OF OBLIGATION”. BUT IF THAT CHANGES - AS SOME HAVE SPECULATED - THAT JOB WOULD FALL ON BLENDERS AND TERMINALS, WHICH NUMBER A THOUSAND. ENERGY POLICY SPECIALIST WALLY TYNER FROM PURDUE UNIVERSITY SAYS THAT WOULD INCREASE COMPLIANCE COSTS. REGARDLESS, TYNER BELIEVES CORN ETHANOL IS TOO FAR ENTRENCHED IN THE FUEL INDUSTRY TO BE IMPACTED EVEN IF THERE’S A CHANGE TO THE R-F-S. “IN ABOUT 2009 OR 2010 REFINERS DECIDED HEY THIS ETHANOL IT ADDS A LOT OF OXYGEN TO THE FUEL IT MAKES IT BURN CLEANER IT ADDS OCTANE TO THE FUEL AND WE CAN PRODUCE A LOWER OCTANE GASOLINE OUT OF THE REFINERY AN 84 INSTEAD OF AN 87 IT’S CHEAPER TO PRODUCE 84 THAN IT IS TO PRODUCE 87 WE CAN THEN BLEND 130 OCTANE 13 OCTANE ETHANOL WITH THAT 84 AND ‘VOILA” WE HAVE 87 AT THE PUMP .” TYNER BELIEVES IF BIODIESEL AND CELLULOSIC ETHANOL ARE MOST AT RISK IF THERE ARE MAJOR CHANGES TO THE RENEWABLES STANDARD SINCE THOSE FUELS ARE FALLING SHORT ON MEETING THE MANDATED LEVELS.
WILDFIRE UPDATE
RESPONDERS HAVE GOTTEN THE UPPER HAND ON WILDFIRES THAT HAVE SCORCHED MORE THAN 700-THOUSAND ACRES IN THE STATE OF KANSAS. BUT THE RISK REMAINS HIGH FOR FLARE-UPS. THE STATE’S OFFICE OF EMERGENCY MANAGEMENT SAYS THE MAJORITY OF GRASSFIRES NOW UNDER CONTROL ACROSS THE STATE. ATTENTION NOW TURNS TO WASHINGTON TO SEE IF DISASTER DECLARATIONS WILL BE ANNOUNCED FOR THE VICTIMS OF THE WILDFIRES. WE HAVE TALKED TO THE VICE PRESIDENT YESTERDAY MORNING WE’VE INFORMED HIM ABOUT THE SEVERITY OF THIS FOUR STATE WILDFIRE SITUATION THE LARGEST WILDFIRE ON NON FEDERAL LANDS IN OUR HISTORY AND SO MIKE PENCE IS FULLY AWARE OF THAT HE IS TELLING THE PRESIDENT SAM OUR GOVERNOR IN KANSAS AND I KNOW THE OTHER GOVERNORS HAVE APPEALED FOR AN EMERGENCY DECLARATION THAT WILL BE FORTHCOMING
CROP COMMENTS
LET’S HEAR NOW FROM SOME RESILIENT RANCHERS NEAR THE BLAZE. CINDI CLAWSON HAS AN UPDATE. GOOD MORNING, CLINTON. PAT MCDOWELL SENDING US THIS PHOTO OF THE CALM- A WELCOME SIGN OF A WINDMILL NOT TURNING IN SHAMROCK, TEXAS. PAT SAYS HE IS READY FOR A LITTLE RAIN WHEN THE TIME IS RIGHT. THAT’S BECAUSE HIS MAIN RANCH MISSED THE WILDFIRES BY SIX MILES. OTHERS ARE MUCH WORSE. HE SAYS A LOT OF HAY HAS BEEN DONATED BUT THE BIGGEST NEED RIGHT NOW MAY BE DIESEL. AND A.T. GRAHAM POSTING THIS PHOTO ON TWITTER. HE SAYS FROM THE ASHES COMES A LIFE. MAMA COW IS A LITTLE BURTN BUT SHE’S DOING JUST FINE, AS IS BABY. WHAT A SIGHT. AND NOW HERE ARE SOME HOMETOWN TEMPS. THE LOCAL WEATHER CAN HAVE A BIG IMPACT NOT ONLY ON YOUR DAY, BUT ALSO ON YOUR CROPS. START YOUR DAY OFF RIGHT WITH YOUR LOCAL FORECAST DELIVERED RIGHT TO YOUR MOBILE PHONE, JUST TEXT WEATHER TO 31313 TO GET STARTED!
TEASE
WHEN WE COME BACK, WE’RE GOING TO LOOK AT LAST WEEK’S REPORT NUMBERS FROM USDA AND DISCUSS OUR CURRENT TRADE RELATIONSHIP WITH CHINA. PLUS MACHINERY PETE IS HERE. STAY TUNED FOLKS COMING UP WE’RE GOING TO TALK SKID STEERS AND THREE RECORD AUCTION PRICES I’VE SEEN RECENTLY. AND MOTORIZED ROBOTS ARE ROLLING DOWN THE SIDEWALKS OF WASHINGTON - AND YOU WON’T BELIEVE WHAT’S INSIDE. DETAILS AS WE HEAD IN THE COUNTRY. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN. WITH A UNIQUELY POWERFUL FORMULATION OF PROVEN INGREDIENTS, RESICORE GIVES YOU EXTRAORDINARY POWER OVER WEEDS. LEARN MORE AT POWEROVERWEEDS.COM.
FLOOR OF THE CME
IN AGRIBUSINESS TO KNOW WHERE WE’RE GOING, WE HAVE TO KNOW WHERE WE’VE BEEN. LETS CHECK ON LAST WEEK’S CLOSE FROM THE FLOOR OF THE CME IN CHICAGO. TODAY WE HAVE A LITTLE BIT OF A MIXED BAG. LIVE CATTLE, STRONGER TODAY, REALLY GOOD CASH PRICES AND SUPPLY SQUEEZE TODAY THAT REALLY GAVE BUMPED THE MARKET UP. WHOLESALE PRICES CAME UP. THEY WERE DOING BETTER AND THAT’S DRIVING THE MARKET HIGHER. AND IT CERTAINLY LOOKS LIKE THE GAINS ARE GOING TO CONTINUE, VERY GOOD FOR THE END OF THE WEEK WE HAVE HERE. CERTAINLY WE EXPECT EVEN MORE ON MONDAY AS WE SEE FEEDER CATTLE LEADING THE WAY EVEN AHEAD OF LIVE CATTLE SHOWING SOME CONFIDENCE OR A REBOUND ON CONTINUED HIGHER PRICES ON MONDAY. THAT’S REALLY WHAT’S DRIVING THE MARKET TODAY. NOT SO MUCH WITH THE HOGS MARKET. LEAN HOGS ARE MUCH WEAKER RIGHT NOW. IT SEEMS LIKE THE FALLING BELLY PRICES ARE WEIGHING ON THOSE CASH PRICES AND ARE BRINGING THE MARKET LOWER. IT’S NOT THAT MUCH LOWER AS WE’RE IN WAY OVERSOLD CONDITIONS. WE’RE EXPECTING A REBOUND ON MONDAY. THAT SHOULD POSSIBLY HELP. THAT’S ALL FROM THE FLOOR OF THE CME GROUP. I’M VIRGINIA MCGATHY. USDA RELEASING ITS MARCH WASDE REPORT. THIS MONTH’S U.S. CORN OUTLOOK CALLS FOR MORE CORN TO BE USED IN ETHANOL AND LESS FEED AND SEED USE. USDA KEPT ENDING STOCKS UNCHANGED. ON THE SOYBEAN SIDE, CHANGES INCLUDE HIGHER CRUSH, LOWER EXPORTS, AND INCREASED ENDING STOCKS COMPARED WITH LAST MONTH’S REPORT. WHILE U.S. WHEAT ENDING STOCKS FELL BY 10 MILLION BUSHELS ON LOWER IMPORTS.BUT THE BIGGEST NEWS FROM THURSDAY’S REPORT WAS INCREASING SIZE OF CROPS IN SOUTH AMERICA. " WE ALSO SAW CORN AND SOYBEAN PRODUCTION RAISED IN BOTH BRAZIL AND ARGENTINA. AND WE SAW SOYBEANS RAISED TO LEVEL PRODUCTION IN BRAZIL. WHAT THIS MEANS THE WORLD STOCKS TO USE RATIOS ARE A LITTLE BIT HIGHER, THE INVENTORY OF EXTRA GRAIN AND OIL SEEDS IN THE WORLD IS A LITTLE BIT MORE, UNFORTUNATELY, THAN WHAT WE ANTICIPATED. AND THAT SAYS THAT PUTS A DAMPER ON PRICES.” WITH ALL OF THE CHATTER OUT OF WASHINGTON, FARM GROUPS ARE NERVOUS ABOUT RISING TENSIONS BETWEEN SOME OF OUR BIGGEST BUYERS.
AGRIBUSINESS
IN ANALYSIS, TYNE MORGAN ASKS ABOUT OUR CURRENT RELATIONSHIP WITH CHINA. HERE NOW WITH ANDY SHISSLER OF S AND W TRADING ANDY LET ‘S TALK ABOUT CHINA I MEAN THERE ‘S BEEN TALKS AND FEARS OF A TRADE WAR WE’VE CHINA ‘S LAST MAJOR TERRIFIED BEATTIE HE ‘S CREATED A BACKLOG IN THE U S SO TOO DO YOU THINK WE’RE GETTING INTO A TRADE WAR ALREADY WITH CHINA NO CAUSE ONE OF MY FRIENDS WORKS WITHIN THEIR GOVERNMENT OVER THERE AND WE HAD DINNER A WEEK OR SO AGO AND I ASKED HIM THE SAME THING IS I’M JUST CURIOUS AND LIKE SO INTERNALLY WHAT ARE YOU GUYS THINKING AND HE’S LIKE KIND OF DON’T THINK IT ‘S GOING TO BE AN ISSUE FEEL LIKE THE SITUATION ‘S MORE STABLE THAN MOST PEOPLE WOULD GUESS THERE ‘S NO A LOT A LOT OF BIG THINGS THAT THEY COULD CHANGE IS PART OF THE TRADE GOES AND SO THEY’RE NOT UNHAPPY WITH WHAT ‘S GOING ON OVER HERE AS FAR AS I CAN TELL WHEN I WAS A LITTLE BIT SURPRISED BY THAT TO BE HONEST BUT ON THE AGRICULTURE SIDE THERE SOME MAJOR CHANGES GOING ON WITH THE CORN AND BEANS TO BE LIKE THE FIRST YEAR IN TWENTY MAYBE OR MORE THAT WE’RE GONNA HAVE LESS CORN ACRES IN CHINA AND SO THE WORLD PRICING AND THE CHINESE PRICE IS ABOUT THE SAME AND THEY’RE LOOKIN AT PULLING AROUND A MILLION ACRES OF CORN AND PUT THAT AND SOYBEANS SO THE IMPACT COULD BE FOR THE FIRST TIME IN TWENTY YEARS THEY MAY NEED LESS MEANS FOR THE FIRST TIME AND LIKE WE HAVE SEEN THIS BEFORE I THINK THEY’RE ALSO LOOKING YOU SEE YOU SEE THEM SLAP THE DDG BAN TARIFFS BUT MORE IMPORTANTLY I THINK WHAT YOU’RE GOING TO SEE IS THEY’RE GOING TO BE SELLING CORN ON THE WORLD MARKET AND THEY KIND OF PLAN TO DO THAT RIGHT NOW I’M THINKING THEY’RE LOOKING AT MAYBE EIGHTY TO A HUNDRED MILLION BUSHELS BUT IT COULD BE MORE THAN THAT AND SO A LOT OF THIS WILL BE WEATHER DEPENDENT BUT THEY’RE GOING HAVE EXTRA BEANS THIS YEAR AND THEY’VE STILL GOT A PRETTY HAPPY CORN CARRY OUT I WOULD EXPECT YOU’LL SEE ANY CORN BUYING LIST OF SERIOUS WEATHER ISSUES AND THEY’VE GOT ENOUGH TO BUFFER A LEAST A YEAR SO I WOULD EXPECT YOU’LL SEE SOME EXPORTS INTO JAPAN SOUTH KOREA AND THAT KIND OF THING THIS YEAR WHICH WILL CUT OUR EXPORTS AND THEY’LL SEE GROWTH ON THE DEMAND SIDE BUT THEY’RE GOING HAVE A FEW BEANS TO COVER THAT ‘S I DON’T THINK WE’RE GONNA BLOW THE EXPORT AT THIS YEAR EITHER AND SO YOU THINK MAYBE WE COULD SEE SOME COMPETITION ON THAT ON THAT SOYBEAN SIDE WHERE WE WON’T EXPORT IS MANY THAT WE’VE NEVER SEEN IT WE’VE NEVER SEEN BEFORE BUT THIS IS THE FIRST TIME WHERE THEY’RE GOING TO SHIFT THEIR ACRES THEY’VE NEVER EVER DONE THAT BEFORE LIKE THIS IS A NEW DEVELOPMENT IT SHOULD BE BEARISH SOYBEANS HOW HOW MUCH I I AGAIN AS THE WEATHER DEPENDENT FOR THEM TO SO ALL RIGHT ANDY SHISSLER OF S AND W TRADING SO MUCH STAY WITH US WE’LL HAVE MORE AG DAY WHEN WE COME BACK FOR ONE ON ONE MARKETING ADVICE CALL ANDY SHISSLER AT S & W TRADING AT 312-506-3888. GET THE ROOTS YOUR CROPS NEED, BY GETTING RADIATE FIRST. VISIT LOVELAND PRODUCTS.COM SLASH RADIATE. SEE YOUR CPS DEALER TODAY.
WEATHER
WELCOME BACK TO AGDAY METEOROLOGIST CINDI CLAWSON CINDI IF. WE LOOK TO THIS DROUGHT MONITOR. THERE ARE SOME SPOTS HERE THAT HAVE KIND OF DEVELOPED OVER THE LAST FEW MONTHS YET WE’VE HAD SO MUCH FOCUS ON THE WEST WHERETHE DROUGHT HAS BEEN SO BAD. WELL THAT ‘S DWINDLING AWAY VERY QUICKLY WITH THE RAINS THAT THEY’VE RECEIVED BUT WE HAVE SEEN A LOT OF EXPANSION IN THE CENTRAL AND EASTERN PART OF THE COUNTRY AND WE’VE PARTICULARLIY BEEN PAYING ATTENTION TO AREAS IN THE PLAINS WHERE WE’VE SEEN ALL THOSE WILDFIRES. OBVIOUSLY THE DRY CONDITIONS THE WINDY CONDITIONS HAVE NOT HELPED. THERE WILL ALSO BEEN SAYING THAT DRYNESS EXPANDING IN THE SOUTHEAST UNITED STATES EVEN UP INTO THE NORTHEASTERN UNITED STATES LET ‘S TAKE A LOOK AT THE RAIN THAT WE’VE HAD OVER THE LAST WEEK. AND SO WE HAVE SEEN SOME IMPROVEMENT HERE IN PARTS OF THE TENNESSE AND OHIO VALLEY AND WE’VE HAD A FAIR AMOUNT OF HEAVY RAIN DOWN ALL THE WAY TOWARDS TEXAS THE PACIFIC NORTHWEST HAS BEEN HAVING KIND OF RAIN AFTER RAIN AFTER RAIN. WELL SOME OF THE HEAVIER AREAS YOU CAN SEE ALL THE WAY FROM THE BOOT HEEL OF MISSOURI DOWN TO TEXAS WERE A LOT OF FOLKS ARE SEEING OVER TWO TO THREE INCHES OF RAIN THERE BUT THE DRYNESS PERSISTS NOTICE WE REALLY DIDN’T SEE MUCH IN THOSE EXTREMELY DRY AREAS WHERE WE HAD A LOT OF THOSE WILDFIRES HERE’S A LOOK AT THE JET STREAM AS WE HEAD INTO THIS WEEK WE’RE GONNA START OFF COLD IN THE NORTHEASTERN QUARTER OF THE COUNTRY. WHILE THE WARM AIR RESIDES OUT WEST WITH THAT RIDGE AND THE JET STREAM A LOOK AT THAT TROUGH DIPPING ALL THE WAY DOWN TO THE MID ATLANTIC STATES ALMOST OUT OF THE SOUTHEAST SO REAL COLD THERE AND FAIRLY STORMY WHILE THAT RIDGE STARTS TO THEN TRANSLATE INTO THE CENTRAL PART OF THE UNITED STATES WE’LL STILL SEE THAT WARMER AIR FINALLY COMING INTO PARTS OF THE EASTERN PART OF THE COUNTRY. AS WE GET TOWARDS FRIDAY AND THEN EVENTUALLY IT STARTS TO TAKE HOLD BUT IT WILL BE VERY CHILLY FOR A LOT OF THE EASTERN PART OF THE COUNTRY AT LEAST TO START THE WEEK. HERE IS A LOOK AT THE TEMPERATURES THAT WE ARE EXPECTING AT LEAST OVER ALL THIS WEEK. WE ARE LOOKING AT COOLER THAN NORMAL TEMPERATURES BECAUSE OF THOSE TROUGHS THAT ARE GOING TO BE AFFECTING THE EASTERN PART OF THE COUNTRY. WE ARE LOOKING AT ABOVE NORMAL TEMPERATURES IN THE WESTERN UNITED STATES WITH THAT RIDGE AND THEN AS WE LOOK AT THE PRECIPITATION FOR THE WEEK AHEAD WE WILL BE SEEING BELOW NORMAL FOR THE GREAT LAKES ALSO THE SOUTHEAST DEFINITELY THE SOUTHWEST AND THE NORTHWEST WERE LOOKING AT ABOVE NORMAL PRECIPITATION A LITTLE BIT OF THE NORTHEAST AND DOWN INTO TEXAS AS WELL. THIRTY DAY TEMPERATURES FOR THE MOST PART LOOKING AT ABOVE NORMAL IN THE SOUTHERN HALF OF THE COUNTRY A LITTLE BIT COOL IN THE PACIFIC NORTHWEST AS WE SEE THOSE WETTER CONDITIONS AND THIRTY DAY PRECIPITATION WET FOR SOME OF THE EASTERN PART OF THE COUNTRY INCLUDING THE CORN BELT AND THE NORTHWEST DRY IN THE SOUTHWEST THAT ‘S A LOOK AT YOUR NATIONAL FORECAST NOW LETS CHECK OUT THE WEATHER WHERE YOU LIVE DAIRYVILLE CALIFORNIA MOSTLY SUNNY AND WARM TODAY WITH A HIGH OF EIGHTY ONE DEGREES DAIRYLAND WISCONSIN A SLIGHT CHANCE FOR SNOW WITH A HIGH OF TWENTY FIVE MILKSPRINGS ALABAMA PARTLY CLOUDY SKIES HIGH OF FIFTY FIVE. NOW I NEED SOME CEREAL
TEASE
WHEN WE COME BACK, WE’LL HAVE OUR WEEKLY VISIT FROM MACHINERY PETE -- AND HE’S TALKING ABOUT SOME IMPRESSIVE SKID STEER PRICES. AND WHILE DELIVERY SERVICE WITH A DRONE MAY SEEM LIKE THE WAVE OF THE FUTURE...SOME INVENTORS THINK WHEELS STILL HAVE A PLACE. BUT THERE’S A CATCH. FIND OUT WHAT IT IS - LATER ON AGDAY. AGDAY - BROUGHT TO YOU BY RESICORE HERBICIDE FOR CORN. A UNIQUELY POWERFUL FORMULATION. EXTRAORDINARY POWER OVER WEEDS.
MACHINERY PETE
MACHINERY PETE KEEPS A PRETTY CLOSE EYE ON TRENDS AND THIS MORNING, HE SAYS SKID STEER PRICES ARE HOT. WELL FOLKS USED SKID STEERS AND BEEN PRETTY HOT ON THE AUCTION MARKET HERE LATELY. THE BEST EXAMPLE I CAN GIVE YOU WOULD BE THE NEW HOLLAND L FIVE FIFTY FIVE NOW FOR FIFTEEN YEARS THE HIGHEST AUCTION PRICE I’VE SEEN ON I WAS EIGHT THOUSAND DOLLARS. THAT WAS BACK ON ALL THE WAY ON AN AUCTION FEBRUARY TWENTY THIRD TWO THOUSAND TWO AND SOUTHEAST PENNSYLVANIA FARM AUCTION ONE WITH TWENTY TWO HUNDRED HOURS BROUGHT EIGHT THOUSAND BUCKS SO THAT RECORD PRICE STOOD UNTIL ABOUT A WEEK AGO WHEN THIS ONE SOLD ON A FARM AUCTION IN NORTHEAST OHIO ON FRIDAY MARCH THIRD AND HAD TWELVE HUNDRED AND ELEVEN HOURS ON A ONE FOR TEN THOUSAND BUCKS. SO I BLOGGED ABOUT IT THAT DAY. WHILE A NEW RECORD AUCTION PRICE TEN THOUSAND BUCKS THAT RECORD PRIZE LASTED EXACTLY ONE DAY BECAUSE THE NEXT DAY SATURDAY MARCH FOURTH ON A FARM AUCTION IN NORTHWEST IOWA THIS ONE SOLD THIS WAS A NINETY THREE MODEL. L FIVE FIFTY FIVE THIRTY THREE HUNDRED SEVENTY SIX HOURS ON A BROAD ELEVEN THOUSAND FIVE HUNDRED I’M ALSO SEEING SOME GOOD PRICES ON LATER MODELS SKID STEERS HERE ‘S ANOTHER RECORD. THIS WAS FEBRUARY TWENTY FIFTH ON A FARM AUCTION IN THE FILM FOR A TV SHOW IN NORTHEAST KANSAS TWO THOUSAND TWELVE MILE JOHN DEERE THREE TWENTY NINE D WAS TWO HUNDRED FOURTEEN HOURS ON ONE FOR FORTY SIX THOUSAND DOLLARS. THE PREVIOUS HIGH AUCTION PRICE I’D SEEN ON A THREE TWENTY NINETY WAS FORTY THOUSAND NOW FOLKS IF YOU ARE LOOKING FOR A GOOD USE SKID STEER CHECK ON HER WEB SITE MACHINERY PETE DOT COM WE GOT OVER THREE THOUSAND OF THEM LISTED FOR SALE TODAY.
TEASE
UP NEXT - DID THIS ROLLING COOLER GET AWAY FROM ITS OWNER? NOT EXACTLY. DETAILS WHEN WE COME BACK. AGDAY - BROUGHT TO YOU BY TOP THIRD AG MARKETING. FARMER-FIRST, WITH A PLAN FOR EVERY MARKET.
IN THE COUNTRY
IN THE COUNTRY - SPONSORED BY KUBOTA. DISCOVER THE POWER BEHIND THE M6 SERIES AT KUBOTA.COM. A NEW FORM OF FRONT DOOR DELIVERY SERVICE MAY ROLL INTO YOUR TOWN OR NEIGHBORHOOD SOME DAY. BUT FOR NOW IT’S LIMITED TO LARGER CITIES - LIKE WASHINGTON D-C. FROM THE RESTAURANT — TO HIS FRONT DOOR. BEN BRESLERMAN’S SANDWICH WAS JUST DELIVERED ENTIRELY BY A ROBOT. BEN BRESLERMAN, POSTMATES CUSTOMER: “ALL I DID WAS COME OUT.. OPEN A ROBOT AND GET MY FOOD — QUICK AND EASY, NO PROBLEM” POSTMATES IS BELIEVED TO BE ONE OF THE FIRST SERVICES IN THE U-S TO USE A FLEET OF ROBOTS TO DELIVER FOOD. THE COOLER-SIZED MACHINES ARE NOW ROAMING THE SIDEWALKS OF WASHINGTON D-C WAITING FOR AN ORDER. CUSTOMERS CAN GO ONLINE OR USE THE COMPANY’S APP TO ORDER A MEAL. THE ROBOT THEN HEADS TO THE RESTAURANT — USING AN ARRAY OF SENSORS AND CAMERAS TO NAVIGATE THE SIDEWALK. THE SYSTEM CREATES A DIGITAL MAP TO REMEMBER TROUBLE SPOTS --AND IT CAN EVEN READ ELECTRONIC SIGNS AT CROSSWALKS. AN EMPLOYEE LOADS THE FOOD INTO A LOCKED COMPARTMENT AND SENDS IT ON ITS WAY TO THE CUSTOMER. RUSSELL COOK, SR VP OF OPERATIONS POSTMATES “AND THEY HAVE A UNIQUE CODE THEY CAN ENTER IN ORDER TO OPEN THE COMPARTMENT AND RETRIEVE THE GOODS.” RUSSELL COOK IS POSTMATES’ SENIOR V-P OF OPERATIONS. THE COMANY IS CURRENTLY ROLLING OUT THE SERVICE IN D-C.. AS WELL AS REDWOOD CITY, CALIFORNIA.. WITH PLANS TO EXPAND. OTHER COMPANIES HAVE EXPERIMENTED WITH AUTONOMOUS DELIVERY USING *AERIAL* DRONES.U-P-S IS CURRENTLY TESTING PACKAGE DELIVERY.BUT POSTMATES SAYS GIVEN THE CURRENT INFRASTRUCTURE -- USING SIDEWALKS.. IS THE MOST PRACTICAL APPROACH. “IT LETS US DRIVE DOWN THE COST OF DELIVERY BY 80 TO 90 PERCENT OVER TIME WHICH OPENS UP A WHOLE NEW CLASS OF DELIVERY WHERE FOR PEOPLE TODAY IT WOULDN’T BE FINANCIALLY VIABLE."THE ROBOTS ARE BUILT BY ESTONIA-BASED STARSHIP TECHNOLOGIES.. WHICH HAS ALSO PARTNERED WITH SEVERAL COMPANIES TO OFFER DELIVERY SERVICES IN EUROPE. POSTMATES’ ROLLOUT IN D-C IS THE FIRST FULLY-OPERATIONAL PROGRAM. NICK HANDRICK, DC OPERATIONS MANAGER, STARSHIP TECHNOLOGIES: “LONG-TERM WE WOULD LIKE TO SEE AS MANY CITIES AS POSSIBLE, WE THINK WE HAVE A REAL POTENTIAL TO HAVE A POSITIVE IMPACT IN A NUMBER OF WAYS. YOU KNOW, CUTTING DOWN ON TRAFFIC, CUTTING DOWN ON DELIVERY VEHICLES WHICH REQUIRE A HUGE INPUT IN TERMS OF GAS.” DESPITE THEIR PLANS TO EXPAND — THE ROLLOUT COULD BE SLOW. STARSHIP AND ITS PARTNERS ARE REQUIRED TO NEGOTIATE WITH INDIVIDUAL CITY GOVERNMENTS TO GET PERMISSION FOR THE ROBOTS TO USE THE SIDEWALK. BUT IN TIME.. THEY SAY.. WE’LL ALL HAVE TO GET USED TO SHARING THE SIDEWALK WITH THESE SIX- WHEELED MACHINES. ROOBERT BUMSTED.. ASSOCIATED PRESS.
CLOSE
THAT’S ALL THE TIME WE HAVE THIS MORNING. WE’RE GLAD YOU TUNED IN. FOR MIKE HOFFMAN, AND AL PELL. I’M CLINTON GRIFFITHS. HAVE A GREAT DAY.
