AgDay Daily Recap -October 5, 2015

AGDAY

TODAY ON AGDAY
October 5, 2015

Open headlines:
FROM THE STUDIOS OF FARM JOURNAL BROADCAST, THIS IS AGDAY.COMING UP TODAY ON AGDAY - HEAVY RAIN AND FLOODING POURS INTO THE EAST COAST. PLUS, A LOOK AT THE DAIRY MARKET AND THE GLOBAL DRIVERS BEHIND THIS YEAR’S SLUMP IN PRICES.
IN AGRIBUSINESS...THE SEARCH FOR HARVEST LOWS. AND IT’S CONSIDERED ONE OF THE GREATEST COLLECTIONS OF ITS KIND. FIND OUT WHY THERE’S SO MUCH BUZZ BEHIND THIS MEMORABILIA. AGDAY-BROUGHT TO YOU BY THE DEPENDABLE, LONG LASTING CHEVY SILVERADO.
Multiple days of rain on the east coast:
GOOD MORNING I’M CLINTON GRIFFITHS. GROWERS UP AND DOWN THE EAST COAST DEALING WITH SATURATED SOILS AND WET FIELDS AFTER MULTIPLE DAYS OF HEAVY RAINS. ...AND THAT’S OUR TOP STORY ON AGDAY. JOAQUIN OR NOT, DRENCHING STORMS SETTLING IN. THIS WAS IN SOUTH CAROLINA LAST WEEK...WHERE FLOODING CLOSED ROADS, INTERESTATES AND BRIDGES. MANY PEOPLE WERE FORCED FROM HOMES AND SCHOOLS WERE CLOSED. SEVERAL PEOPLE DIED...IN STORM RELATED ACCIDENTS. OVER THE WEEKEND FORECASTERS ESTIMATING AS MUCH AS 15 TO 20 INCHES OF ADDITIONAL RAIN WOULD FALL IN SOME PLACES. FARMERS ON THE EAST COAST SHUTTING DOWN HARVEST---WAITING ON THINGS TO DRY OUT.
Crop watch:
THE DOWNPOUR OF RAIN AND HEAVY WINDS ISN’T GOOD FOR THE NATION’S COTTON CROP, THAT’S VULNERABLE TO SUCH INTENSE WEATHER CONDITIONS RIGHT NOW. NATIONWIDE, NEARLY 70 PERCENT OF THE CROP HAS OPEN BOLLS, BUT JUST 11 PERCENT IS HARVESTED. IN SOUTH CAROLINA, 13 PERCENT OF THE CROP IS OUT OF THE FIELD AS OF LAST WEEK. THAT’S 5 POINTS AHEAD OF THE 5-YEAR RUNNING AVERAGE. PEANUT HARVEST ISN’T PROGRESSING AS WELL. IT’S ONLY 13 PERCENT COMPLETE...DOWN 11 POINTS FROM AVERAGE.
Trans Pacific Partnership negotiation:
ALSO IN THE SOUTH, A STORM BREWING OVER THE TRANS PACIFIC PARTNERSHIP. NEGOTIATORS OF THE 12 NATION FREE TRADE DEAL MEETING LAST WEEK IN ATLANTA, GEORGIA. AG COMMITTEE CHAIRMAN MICHAEL CONAWAY OF TEXAS--AND 16 OTHER COMMITTEE MEMBERS--SENDING A LETTER TO U-S TRADE REPRESENTATIVE MICHAEL FROMAN ADDRESSING THEIR CONCERNS WITH THE TRANS PACIFIC PARTNERSHIP. LAWMAKER CONCERNS INCLUDE IMPROVED MARKET ACCESS FOR RICE AND DAIRY--- THE LETTER ALSO EXPRESSING DISAPPOINTMENT IN A NEW CARVE-OUT PROPOSAL FOR TOBACCO THE MEASURE WOULD ALLOW GOVERNMENTS TO BLOCK TOBACCO COMPANIES FROM SUING OVER ANTI- SMOKING MEASURES. THE COMMITTEE SAYS SINGING OUT ONE COMMODITY ESTABLISHES A DANGEROUS NEW PRECEDENT. TOBACCO GROWERS SAY TRADE IS ESSENTIAL. <"WE NEE TOBACCO TO BE TREATED LIKE ANY LEGAL COMMDOITY THAT WE HAVE IN OUR TRADE AGREEMENTS AND NOT BE CUT OUT AND LEFT OUT."> <"THTA’S PROBABLY THE END OF OUR INDUSTRY. IF WE CAN’T EXPPRT. DOMESTIC CONSUMPTION IS GOING DOWN AT LEAST 5 PERCENT A YEAR. "> SEVERAL SENATORS ARE ALSO WARNING THAT A TOBACCO CARVE OUT COULD KEEP A TRANSPACIFIC PARTNERSHIP DEAL FROM WINNING APPROVAL IN THE CHAMBER.
Dairy prices:
DAIRY PRICES HAVE SOFTENED FROM 2015 HIGHS. LAST YEAR, 25 DOLLARS PER HUNDRED WEIGHT WAS QUITE COMMON.. NOW PRICES ARE IN THE TEENS. WITH GLOBAL OVER PRODUCTION AND SOFTER U.S. PRICES, WHAT ARE MARKET ANALYSTS FORECASTING THE FIRST QUARTERS OF 2016? AGDAY’S BETSY JIBBEN TAKES A DEEPER LOOK AT WORLD DAIRY EXPO.
Betsy Jibben:
MOST DAIRY PRODUCERS WILL TELL YOU... 2014 TREATED THEM WELL. IT’S THIS YEAR’S PRICE DROP THAT STINGS. <"2014 WAS JUST A BANNER YEAR. MIGHT HAVE BEEN ONCE IN A LIFETIME, WE DON’T KNOW.."> <"CASH FLOW WAS GOOD, CAPITAL WAS GOOD BUT WE’VE GOTTEN OURSELVES IN A POINT WHERE WE ARE 35-45 PERCENT REMOVED FROM WHAT WE HAD PREVIOUSLY,"> WITH MUCH SOFTER PRICES IN THE U.S. AND A GLOBAL DAIRY GLUT, SOME ANALYSTS EXPECT PRODUCTION TO BE STATIC OR SLIGHTLY HIGHER IN 2016. <"MILK PRODUCTION SEEMS TO BE ON PAR AND AT LEAST AT THIS POINT GAUGED TO BE STATIC WITH 2015 NUMBERS AS WE GO INTO 2016. WITH LOWER DEMAND AND SOFTER MARKETS, THAT TRANSLATES INTO LOWER PRICES,"> NORTH SAYS ONE REASON IS BECAUSE DAIRYMEN ARE NOT CULLING AGGRESSIVELY. <"THEY’RE HOLDING STATUS QUO. WITH GOOD FEED CROP AND PRODUCTIVELY ON THE FARM, WE’RE LIKELY TO SEE GOOD PRODUCTION ALL THROUGH THE FIRST, SECOND AND THIRD QUARTER OF NEXT YEAR AND CONSEQUENTLY LOWER PRICES,"> THAT’S ONLY ONE FACTOR. RUSSIA AND CHINA ARE ALSO PUMPING THE BRAKES ON DAIRY IMPORTS. THAT’S TACKING ON MORE INVENTORY TO AN ALREADY OVERSUPPLIED GLOBAL MARKET. <"RUSSIA HAS EMBARGOED DAIRY PRODUCTS FROM THE UNITED STATES AND EUROPE. CHINA HAS CUT BACK ITS IMPORTS BY ABOUT A THIRD,"> <"THE U.S. DAIRY EXPORT COUNCIL TOLD ME THEY ANTICIPATE THAT IT WILL TAKE ANOTHER 9 TO 12 MONTHS TO WORK OUT THOSE INVENTORIES. SO WE ARE PROBABLY IN THIS PRICE CYCLE FOR AT LEAST ANOTHER YEAR,"> AND THE DOLLAR IS STILL A FACTOR ESPECIALLY WITH EXPORTS. <"I THINK IT COULD PULL BACK TO 90. THAT COULD GIVE TO PRICES AT THE END OF THE YEAR BUT IF WE GO BACK TO OVER 98, THEN WE MAY NOT GET THAT SEASONAL RALLY FOR DAIRY PRICES ONCE AGAIN. WE MAY BE LOOKING AT A POOR FOURTH QUARTER FOR OUR PRICES,"> AND OTHER COUNTRIES HAVE UPPED THEIR OWN PRODUCTION..ESPEICALLY SINCE APRIL WHEN THE E.U. DROPPED ITS MILK QUOTA SYSTEM. <"IRELAND IS PEGGED TO INCREASE PRODUCTION 50 PERCENT. THEY ARE UP ABOUT 9 OR 10 PERCENT I BELIEVE OVER LAST YEAR. THE NETHERLANDS ARE UP. SO THESE COUNTRIES HAVE BEEN GEARING UP FOR THE ELIMINATION OF QUOTAS AND YOU JUST DON’T PUT THE BRAKES TO THAT IN 6 MONTHS,"> HERE AT HOME.. PRODUCERS HOPE FOR BETTER OUTCOMES IN THE YEARS AHEAD. <"WE HAVE BUILT UP SOME CAPITAL SOME RESERVES BUT SOME USED THAT TO REPLACE ON THE 09 AND 12 THAT WEREN’T AS GOOD. DEPENDING WHERE YOU ARE IN THE COUNTRY, YOU MAY HAVE A DIFFERENT FEELING."> REPORTING FOR AGDAY, I’M BETSY JIBBEN.
Milk production:
THANKS BETSY. EXPERTS SAY SOME OF THIS MILK PRODUCTION IS FINDING A NEW HOME: THE MIDDLE EAST, SOUTHEAST ASIA, AND AFRICA TO NAME A FEW. BUT IF PRICES CREEP HIGHER, SMALLER COUNTRIES COULD STOP BUYING. DICKRELL ALSO SAYS A LOT OF PROCESSING PLANTS IN THE UNITED STATES ARE AT CAPACITY. HE BELIEVES THAT WILL BE A FACTOR OVER THE NEXT DECADE.
Egg surplus:
IN THE WAKE OF SERIOUS EGG SHORTAGE OF THE COUNTRY, THE NATIONAL CHICKEN COUNCIL SAYS F-D-A SHOULD REVERSE A RULE THAT’S WASTING EGGS. THIS DATES BACK TO A 20-10 RULE, PUTTING STORAGE RESTRICTIONS ON EGGS SOLD TO HATCHING FACILITIES. BEFORE THE RULE WENT INTO EFFECT, BROILER PRODUCERS WERE ABLE TO SELL SURPLUS EGGS, ALSO KNOWN AS BREAKERS, TO EGG PROCESSORS TO BE PASEURIZED AND USED IN EGG PRODUCTS. BUT THE CHICKEN COUNCIL SAYS THE RULE FORCED BROLER PRODUCERS TO STOP SELLING THOSE SUPRLUSES BECAUSE OF HOW THEY’RE STORED. THE RESULT, THE INDUSTRY DESTORYING NEARLY 356 MILLION EGGS A YEAR. NOW THE CHICKEN COUNCIL SAYS IN LIGHT OF THE AVIAN FLU OUTBREAK, FDS SHOULD REVISIT THE USE OF SURPLUS, AFFORDABLE, QUALITY EGGS, RATHER THAN SEEKING COSTLY IMPORTS FROM FOREIGN COUNTRIES.
Crop watch:
WHILE FOLKS OUT EAST STRUGGLE WITH RAIN, OTHER PLACES...HARVESTERS ARE ROLLING ON. CINDI CLAWSON GIVING US A LOOK IN TODAY’S CROPWATCH. LET’S START OFF CROPWATCH IN NORTHERN INDIANA. GEORGE KROM IS STAYING BUSY HARVESTING IN THE FIELD. HE’S SEEING SOME VARIABILITY IN THIS YEAR’S CROP. THAT’S RANGING FROM EAR LENGTHS TO DISEASE. HE SAYS THE YIELD MONITOR IS REALLY DROPPING IN SOME FIELDS AS WELL. MOVING OVER NEAR HANSTON, KANSAS.. COLLIN REECE SAYS IT’S BEEN A SLOW START TO SORGHUM HARVEST. HE HOPES TO BE IN FULL SWING BY NEXT WEEK. HE EXPECTS IRRIGATED YIELDS ON DRYLAND ACRES. ACCORDING TO USDA’S CROP PROGRESS REPORT, 62 PERCENT OF KANSAS SORGHUM IS RANKED GOOD TO EXCELLENT. THANKS CINDI. AS CROPS COME IN TRADERS ARE SEARCHING FOR THE BOTTOM OF THE MARKET. I’LL ASK THE EXPERTS NEXT AT THE AGRIBUSINESS DESK. PLUS IF YOU FANCY YOURSELF AS AN “AMERICAN PICKER” WHO KNOWS HOW TO SCROUNGE IN OLD BARNS LOOKING FOR COLLECTIBLES, THEN YOU MAY BE INTERESTED IN THIS IMPRESSIVE ASSEMBLY OF GAS PUMPS AND OIL SIGNS. IT’S UP FOR AUCTION IN THE KEYSTONE STATE, LATER ON AGDAY. (AGDAY SPONSORED BY THE ENLIST WEED CONTROL SYSTEM FROM DOW AGROSCIENCES - COMBINING THE PROVEN CONTROL OF A NEW 2-4-D AND GLYPHOSATE. TAKE CONTROL OF TOUGH WEEDS LIKE NEVER BEFORE
CME:
IN AGRIBUSINESS IT WAS VOLATILE WEEK...ESPECIALLY IN CATTLE. LETS SEE WHERE MARKETS SETTLED FRIDAY. FOR THAT WE HEAD TO THE FLOOR OF THE CME.
WE HAD A MOVE DOWN IN CATTLE NOW THIS PAST WEEK DESPITE A HIGHER MOVE ON FRIDAY WE’RE STILL OFF WELL OVER 500 POINTS FOR THE WEEK. AND WE HAD NEW CONTRACT LOWS POSTED FOR CATTLE THIS PAST WEEK AND WE ALSO HAD THE MARKET TRADING AT 2 YEAR LOWS. WE HAD CASH CATTLE DOWN AT 1.20 AND AGAIN ABOUT 2 YEAR LOW IN THERE. FOUR WEEKS AGO WE TOOK OUT THE 2014 LOWS IN CATTLE AND HERE WE ARE PUSHING DOWN TO LOWS IN CATTLE WE HAVEN’T SEEN FOR SEVERAL YEARS. I’M FRANK LESH FUTURE PATH TRADING HERE AT THE CME GROUP.

AgriBusiness Desk:
AT THE AGRIBUSINESS DESK, BRIAN BASTING OUR GUEST, ADVANCE TRADING. BRIAN, LET’S TALK ABOUT WHERE WE SIT NOW AS FAR AS HARVEST PRICES GO. EVERYONE KEEPS WONDERING IF THIS IS AS LOW AS THIS GETS. IS THERE AN OPPORTUNITY TO GO LOWER. IT SEEMS LIKE A MOVING TARGET. EVERY YEAR IS DIFFERENT. I THINK THIS YEAR WILL HAVE ITS OWN CHARACTERISTICS OF PERSONALITY. I THINK A PRODUCER SHOULD CONSIDER PRICE MANAGEMENT INSTEAD OF PRICE PREDICTION. PARTICULARLY SINCE WE HAVE FINISHED HARVEST AND DECIDING WHAT TO DO WITH THE 2015 CROP. IF YOU LOOK AT THE CORN MARKET. IT’S OFFERED A GOOD CARRY NOW OUT TO THE NEXT SPRING, EVEN OUT TO NEXT SUMMER, THAT’S PARTICULARLY FOR FARMERS WITH ON FARM STORAGE. WE ARE ENCOURAGING PRODUCERS TO MANAGE THOSE BUSHELS AND GIVE YOURSELF A FLOOR BUT LEAVE THE UPSIDE OPEN. AND A STRANGE THING TO CONSIDER WOULD BE A PUT OPTION IN THAT EXAMPLE CLINTON. ON THE SOYBEAN SIDE, SIMILAR IDEA? WHAT WE’RE HEARING WITH SOYBEAN YIELDS CLINTON, IS IN SOME CASES AND IN MORE THAN ISOLATED CASES, WE’RE SEEING SOYBEAN YIELDS FAR ABOVE THE APH. IN SOME INSTANCES, WE ARE SEEING 10-15-20 BUSHELS ABOVE THE APH. ONE STRATEGY TO CONSIDER FOR GROWERS IS TO TAKE THAT GROSS REVENUE, SELL THOSE SOYBEAN BUSHELS BUT THEN PURCHASE A CALL OPTION TO GIVE YOURSELF UPSIDE POTENTIAL IN CASE WE SEE A RALLY POST HARVEST. CHANCES IN A RALLY IS GOING TO BE PRETTY TOUGH RIGHT? WE ARE LOOKING AT A BURDENSOME SUPPLY SITUATION IN SOUTH AMERICA RIGHT NOW. IT LOOKS LIKE BURDENSOME IN THE U.S. BUT THINGS CAN CHANGE. YOU ALWAYS WANT TO MAINTAIN FLEXIBILITY AS LONG AS YOU CAN. ALRIGHT BRIAN, I APPRECIATE THE PERSPECTIVE. WE WILL BE BACK WITH MORE AGDAY IN A MOMENT. (AGDAY - BROUGHT TO YOU BY BASF. GROW SMART WITH BASF AND GET THE MOST ACRE AFTER ACRE SEASON AFTER SEASON)

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Drought moniter:
WELCOME BACK TO AGDAY. CINDI CLAWSON FILLING IN FOR MIKE TODAY. CINDI. LOOKING AT THE DROUGHT MONITOR HERE, IT WAS STARTING TO GET DRY OUT IN THE CAROLINAS, CINDI, I DON’T THINK THAT’S GOING TO BE A PROBLEM. NO, NOT SO MUCH ANYMORE. I THINK WE’LL SEE PRETTY GOOD REVERSAL OF THAT AS WE GET INTO NEXT WEEK’S U.S.D DROUGHT MONITOR, BUT OF COURSE WEEK BY WEEK YOU KNOW IT TAKES A FEW DAYS TO SEE THESE CHANGES HAPPEN BUT HERE’S THE LATEST LOOK At THE U.S. DROUGHT MONITOR AND EVEN THEN THE CHANGES WE ARE EXPECTING TO SEE IN THE SOUTHEAST BECAUSE OF THE ALL THE RECENT RAINS THINGS REALLY HAVEN’T CHANGED MUCH ON THE DROUGHT MONITOR. THE PROBLEM AREAS ARE STILL L.THE PROBLEM AREAS. OUT IN HE WEST WHERE WE ARE SEEING EXTREME AND EXCEPTIONAL DROUGHT IMMERSING EXTREME DROUGHT ALSO IN PARTS OF THE SOUTHERN PLAINS AND IN THE WESTERN HALF OF HT GULF COAST STATES. SO THIS IS OBVIOUSLY AN AREA THAT WE’RE GOING TO CONTINUE AND WE’RE STARTING TO SEE SOME FEW MORE DRY SPOTS POPPING UP HERE AND THERE IN THE NORTH CENTRAL AND NORTHEASTERN UNITED STATES AS WELL.
National weather forecast:
WHAT CAN WE EXPECT AS WE HEAD THROUGH THE NEXT SEVERAL DAYS? WELL HERE’S A LOOK AT THE JET STREAM TO START OFF THE WEEK AND WE’RE GOING TO BE SEEING SOME FAIRLY WARM TEMPS THROUGHOUT MUCH OF THE COUNTRY ESPECIALLY FOR THE SOUTHERN PARTS BUT WATCH AS WE SEE ANOTHER TROPH A FAIRLY DECENT ONE BY THE TIME IT GETS TO THE WEEKEND INTO THE NORTHEASTERN UNITED STATES SO LOOK FOR A REAL COOL DOWN THERE ESPECIALLY IN THE NORTHEAST WHERE WE’LL CONTINUE TO SEE WARMER WEATHER OUT IN MUCH OF THE WEST DESPITE THE FACT THAT WE ARE GOING TO BE LOOKING AT BELOW NORMAL TEMPS MAINLY BECAUSE OF SOME RAIN IN THE FOUR CORNER REGIONS. BUT WE ARE LOOKING AT OVERALL ABOVE NORMAL TEMPS FOR THE WEEK BUT AGAIN IT WILL COOL DOWN AS WE GET INTO TOWARDS THE WEEKEND, ESPECIALLY FOR THE EASTERN PARTS OF THE GREAT LAKES AND ON INTO THE NORTHEAST. AS FAR AS PRECIP IS CONCERNED , WE’RE LOOKING AT WETTER WEATHER FOR THAT, OF COURSE YOU CAN THANK THE INCOMING SYSTEM FOR THAT. THAT BIG TROPH THAT’S GOING TO BE COMING THROUGH. ABOVE NORMAL PRECIP IN THE SOUTHERN PLAINS THERE SO SOME OF THOSE AREAS THAT TARE SEEING SOME PRETTY DRY CONDITIONS WILL GET A LITTLE RELIEF THIS WEEK. WE’RE ALSO LOOKING AT ABOVE NORMAL IN THE PACIFIC NORTHWEST. JUST A LITTLE ON THE DRY SID IN PARTS OF THE NORTHERN PLAINS AND DOWN INTO FLORIDA. EVERYONE ELSE SHOULD BE PRETTY CLOSE TO NORMAL. AS FAR AS THE LONGER TERM PICTURE, THE 30 DAY TEMPERATURES, WE’RE LOKING AT WARM ONES IN THE NORTHEAST. AND ALL PRETTY MUCH ACROSS THE NORTHERN STATES AND OVER IN MUCH OF THE WESTERN UNITED STATES. LOOKS TO BE A LITTLE ON THE COOL SIDE IN MUCH OF THE TENNESSEE VALLEY DOWN TOWARD THE GULF COAST STATES. AND AS FAR PRECIPITATION OVER THE NEXT 30 DAYS, IT’S GOING TO BE ON THE WARM SIDE ON THE, OR EXCUSE ME, THE WET SIDE ALONG EASTERN SEABOARD. A LONG THE SOUTHERN TIER OF STATS. AND IN MUCH OF THE ROCKIES AS WELL WE’RE LOOKING AT BELOW NORMAL PRECIP IN MUCH OF THE WESTERN PARTS OF THE GREAT LAKES. THAT’S A LOOK AT THE NATIONAL FORECAST.
Regional forecast:
NOW LET’S CHECK ON THE FORECAST WHERE YOU LIVE. SPOKANE WASHING SUNNY AND PLEASANT FOR YOU TODAY WITH A HIGH OF 72. BLACKWELL OKLAHOMA, MOSTLY SUNNY AND WARMER HIGH OF 73 EXPECTED. CLOVISVILLE NEW YORK, PARTY CLOUDY AND COOL WITH A HIGH OF 59> UP NEXT MACHINERY PETE STOPS BY FOR HIS MONDAY VISIT, AND LOOK AT SUB-100 HORSE TRACTORS. AND LATER, WE’LL SEE WHAT’S CONSIDERED ONE OF THE GREATEST COLLECTIONS OF ITS TIME--THESE OLD GAS SIGNS AND PUMPS ARE HEADING TO IN AUCTION AND BUYERS ARE EXCITED TO BID. AGDAY-BROUGHT TO YOU BY YAMAHA, MAKERS OF VIKING SIDE BY SIDES. YAMAHA-REAL WORLD TOUGH)

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Machinery Pete:
(MACHINERY PETE TV - BROUGHT TO YOU BY JOHN DEERE AND YOUR JOHN DEERE DEALER. NOTHING RUNS LIKE A DEERE.)
BIG TRACTORS HAVE STRUGGLED A BIT THIS YEAR, BUT SMALLER TRACTORS REMAIN HOT. MACHINERY PETE JOINS AGAIN THIS MONDAY WITH SOME EXAMPLES
USED TRACTORS JUST OVER 100 HORSE,
BEEN RED HOT ON THE USED MARKET, FOLKS. MORE PROOF
OF THAT CAME ON AN AUCTION IN WEST CENTRAL MINNESOTA
A WEEK AGO FRIDAY, SEPT. 25, WHERE THIS 2012 JOHN
DEERE 6125R, WITH 444 HOURS, SOLD WITH AN H-340 LOADER
AND IT BROUGHT $106,000 AND THAT’S TIED FOR THE
RECORD HIGH AUCTION PRICE I’VE EVER SEEN ON A 6125R
SOLD WITH A LOADER. NOW, YOU CAN FIND MORE PROOF OF
THIS-- HOW HOT THIS MARKET IS IF YOU GO TO THE
MACHINERY PETE. COM WEBSITE AND CHECK OUT OUR DEALER
LISTING. SO, WE’VE GOT 153 JD 6125RS LISTED AND
YOU CAN USE THE SEARCH FUNCTION AND NARROW THAT
DOWN TO JUST THE 2012 MODELS, WELL NOW WE’VE GOT
17 OF THEM AND HERE’S AN EXAMPLE FROM OUR
FRIENDS AT SIDE AND STRICKERS IN CHILLICOTHE,
MO: A 2012 MODEL, 6125 R WITH AN H-340 LOADER,
JUST UNDER 400 HOURS, ASKING FOR $95,000, SO
$11,000 LESS THAN THE ONE THAT JUST SOLD FOR ON
THE AUCTION IN MINNESOTA, SO AGAIN 125 HORSE
USED TRACTORS, GOOD CONDITION, RED HOT. REMEMBER
FOLKS, WHEN IT COMES TO FINDING AND VALUING
YOUR NEXT PIECE OF USED EQUIPMENT GO TO MACHINERY
PETE.COM.
IF YOU’RE A FAN OF OLD TRACTORS, THEN YOU MIGHT BE INTERESTED IN OUR NEXT STORY. WE’LL TELL YOU ABOUT AN AUCTION FOR WHAT’S REGARDED AS THE MOST IMPRESSIVE COLLECTION OF OLD FASHIONED GAS PUMPS AND SIGNS IN THE COUNTRY.
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(IN THE COUNTRY BROUGHT TO YOU BY THE ALL NEW KUBOTA SSV SERIES SKID STEERS. YOU ASKED FOR A QUALITY SKID STEER AND WE DELIVERED. VISIT YOUR LOCAL KUBOTA DEALER TO TEST DRIVE ONE TODAY)

Vintage collections:
A VAST COLLECTION OF RARE GASOLINE SIGNS, GAS PUMPS, GAS GLOBES, PETROLEUM ADS AND OTHER ARTIFACTS, IS COMING UP FOR AUCTION IN PENNSYLVANIA TODAY. IT WAS PAINSTAKINGLY AMASSED OVER 40 YEARS AND THIS COLLECTION OF AMERICANA IS WIDELY REGARDED AS THE BEST OF ITS KIND. IN THE WORLD OF PETROL-IANA AND AUTO-MO-BILIA, KYLE D. MOORE’S NAME CARRIES A KIND OF MYSTIQUE, HIS VAST COLLECTION OF VINTAGE GASOLINE SIGNS, GAS-STATION PUMPS, GAS GLOBES, PETROLEUM ADS AND OTHER ARTIFACTS IS IN THE “DRIVERS SEAT” SO IT IS CONSIDERED BY MOST THE BEST COLLECTION OF GAS AND OIL EVER PUT TOGETHER IN ITS TIME."> CHRIS HALL IS AN ANTIQUES DEALER WHO WOULD LOVE TO GET HIS HANDS ON THIS DISPLAY. “I’VE SEEN MANY COLLECTIONS AND NOTHING COMPARES TO THIS COLLECTION.> THE COLLECTION’S CURRENT OWNER, WHO BOUGHT IT FROM MOORE IN 2006, IS SELLING THE ENTIRE TROVE OF 2,000 PETROLEUM-RELATED ADVERTISING SIGNS, 900 GAS GLOBES AND 150 PUMPS AT A SERIES OF FOUR AUCTIONS IN LANCASTER COUNTY PENNSYLVANIA. MOST COLLECTORS ASSUMED IT WOULD WIND UP IN A MUSEUM. INSTEAD IT’S COMING UP FOR AUCTION IN PENNSYLVANIA, GENERATING ENORMOUS BUZZ WITHIN THE HOBBY AND PREDICTIONS OF A POSSIBLE FEEDING FRENZY AS DEEP-POCKETED COLLECTORS VIE FOR THE RAREST, MOST HIGHLY SOUGHT-AFTER ITEMS, INCLUDING A 90-YEAR-OLD, PORCELAIN ‘KELLY TIRES’ SIGN THAT COULD WIND UP FETCHING SIX FIGURES. <"ANYBODY THAT COLLECTS CARS, THEY ALL WANT SOMETHING FOR THEIR GARAGE WALL. AND THESE GUYS THAT ARE SPENDING $1 MILLION, $2 MILLION, $3 MILLION ON EARLY FERRARIS OR BUGATTIS OR WHATEVER, FOR THEM TO SPEND $50,000 OR $100,000 ON A SIGN, ON A GOOD SIGN, TO PUT ON THAT WALL, IT’S NOTHING TO THOSE GUYS. AND THESE ARE ALL THE GUYS THAT ARE COMING IN FOR THIS SALE.> AS FAR AS CHRIS HALL, HE HAS A BUDGET OF 50- THOUSAND DOLLARS FOR THE SALE. HE’S HOPING SOME ITEMS WILL SLIP THROUGH THE CRACKS SO HE CAN SCOOP THEM UP FOR A RELATIVE BARGAIN. <"YOU JUST WANT THIS MERCHANDIZE, YOU KNOW?"> COLLECTORS ARE FLYING IN FROM AROUND THE UNITED STATES AND AS FAR AWAY AS GERMANY AND THE NETHERLANDS FOR THE FIRST AUCTION, TO BE HELD TODAY. AND GET THIS - MORPHY SAYS THE ENTIRE COLLECTION COULD FETCH AS MUCH AS 20 MILLION DOLLARS! THAT’S ALL THE TIME WE HAVE THIS MORNING. WE’RE GLAD YOU TUNED IN. FOR BETSY JIBBEN, MACHINERY PETE, AND CINDI CLAWSON, I’M CLINTON GRIFFITHS. HAVE A GREAT DAY IN FARM COUNTRY. (HIGH STRENGTH STEEL FOR HIGH STRENGTH DEPENDABILITY, THE CHEVY SILVERADO IS THE OFFICIAL NEWS GATHERING VEHICLE OF AGDAY TELEVISION)

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Close:
IM CLINTON GRIFFITHS. TUESDAY ON AGDAY, WE’RE OFF TO THE SOUTHERN PLAINS WHERE MULTIPLE YEARS OF DROUGHT IS SLOWLY FADING AS RAINS AND CROPS RECOVER. PLUS A LOOK AT HARVEST PROGRESS. JOIN ME WEEKDAYS FOR AGDAY.

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