tv U.S. Farm Report NBC January 17, 2016 5:00am-6:00am CST
think moved their grain in this area? "everybody, everybody." our farm journal report shows us why farmers werne't taking any chances with the mighty mississippi's swollen banks. we're on the road with machinery pete... our biggest challenge is used inventory but it's an opportunity for the customer> we'll talk about the hot buys in the equipment sector for 2016. and in john's world... now for the market related news, grains saw life mid-week as usda's latest reports weren't as bearish as anticipated. usda's released the final numbers for the 2015 crop. the agency lowered the corn production tally slightly. it
national average yield by nearly a bushel to 168-point-four bushels. the department also lowering soybean production to 3 point 9 billion bushels, still making it a record crop. the average yield is 48 bushels to the acre. china formally launched anti-dumping and anti- subsidy probes for dried distillers grain imports from the u-s. the announcment coming from china's ministry of commerce this week. in response, the u-s grain council says the anti- dupming and countervailing duties investigations are unwarranted and unhelpful. the council adding this could have negative effects on u-s growers and chinese consumers for years to come. crude oil traded below the 30 dollar per barrel mark this week for the first time since 2003. this is as traders fear waning demand from china and the market anticipating sanctions lifted on iranian oil exports. and supplies are growing-- the weekly supply data showing inventories of crude oil hitting new record highs. meat exports look to be picking up. the u-s meat export federation
and hitting the highest volume since may. but the year to date total is still lagging 2014. as for beef, november exports were down 1 percent, but did hit the largest volume since june. the export federation says looking at 2016, it expects beef and pork to regain momentum due to largest u-s pork production and greater market access. those are the headlines...meteorologist mike hoffman joins us now with weather. mike, old man winter mike hoffman joins us now with weather. mike, old man winter tyne and in fact we're seeing another last of arctic air as we speak across the midwest. let's check that drought monitor first. as usual we don't really see many problems east of the continental divide there are a few dry areas starting to develop a little in the northeast and we just barely
west shrink. but just slightly. it takes a long time to get out of a severe drought like this. so even though you've been getting tons of rain and mountain snow, it's going to take a while. so let's see what happens this week. another storm system moving through the northern rockies bu t that puts rain and snow down into central and northern california up along the shore line with washington and oregon. snow in the mountains and a little bit of snow perhaps in the northern dixie behind this arctic front. and lake effect snow machine ongoing some areas getting heavy snow as we head through the day today. that first storm dives into the gulf of mexico region with rain maybe a bit of snow on the northern fringes still some lake effect snow showers as the cold air remains in that area. the next storm system diving through the northern and central rockies with mainly snow with valley rain and then on to friday we go, that first storm becomes a pretty good one as it heads through the southern appalachians with heavy rains
yet another storm system coming in to the pacific northwest coast, that includes california, nevada and parts of idaho with some rain and mountain snow. we'll be back in our next half hour with our longer range forecast. thanks, mike. since i've been out of the marketing discussion for a couple months, and we have so much to talk about this week, we have a special roundtable with three guests. steve nicholsan, ted siefried and craig vandyke join me next.
confirmed an indiana farm. now, this is different than the h5n2 strain that broke out last year, but, steve, from a feed usage standpoint when we look at the h5n2 strain did it impact feed usage that much? >> i think it was more psychological to the markets than it was actually really dragging them down. obviously it impacted local market, you know, local demand because you just didn't have and particularly in my home state of iowa we didn't have the turkeysbut i think overall it wasn't a big deal. it was just more psychological pressure on the market. >> craig, what type of impact does it have on other meat sectors? >> i mean, like we saw last summer a similar outbreak. now, whether or not they can contain this and how big does it get from here? all this information's coming in now. i don't see a major impact for this at the moment or moving forward just like we saw in the summer for hogs, for cattle. i think other factors are playing their role there aside from this current, new outbreak. >> speaking of cattle, ted, it was
do we have putting so much pressure on these prices right now? >> well, you know, i think we were looking for some sort of direction coming from cash, and we really didn't get that, at least not decisively, and from a technical perspective we had some big gaps down blow the market that as we kind of hung around waiting we decided to go and try to fill. you also have the macroeconomic issues going on right now. the chinese stock market in turmoil again, and that's causing concern as far as demand is concerned, so just it's been a tough week for markets as a whole if you look at it, and cattle didn't escape that. >> moving forward, craig, looking at 2016, are we going to continue to be in this down trend market? >> as far as cattle goes i think you've got to respect the charts. hogs on a little bit different playing field, but cattle time and time again has gone up, hit this trend line on the charts and we continue to see all the markets around us melting, but we want to believe cattle can continue to rally. so i really don't see
moves will be volatile as we're no stranger to, i think you're probably going to have to look more towards fourth quarter, if we're really going to try to build a turnaround in the cattle market. so as of right now, no, do not see strength moving forward. >> steve, we really wanted to see these, these meat exports pick up in the fourth quarter, but give us a view of all agricultural exports and where we sit right now and what impact that could have on our price this is year. >> sure. i think, craig was just talking about the fact what we're having on the meat side. we're seeing the same thing on the grain, particularly corn and soybeans. they're just lagging a little bit. i will be honest, i've been surprised at how much they have lagged. i expected they'd be a little smaller because we had big stocks so buyers are not goingare not panicked they have to get their supply inouse, and nowthe swing had really dragged down. i think part of that particularly when you look at soybeans and a little bit on corn is that you've got brazil has plenty of beans to still ship. argentina now is starting to see more beans move out of the country along with products, and so all that's having an impact. the macroeconomic is, we still and i'll pick on china but we
and tomorrow. you know, that hasn't changed. the mix of what they buy and what they eat may be different, but the fact is we're still going to need that, but the macro causes a lot of turmoil in the short term. >> speaking of china, the bear market that we're seeing over there, you know, what type of pressure is that going to give on us for pretty consistent time period here in 2016? >> yeah, the concern there is obviously for demand. china^s demand for our corn really has been nonexistent, though. their corn stocks are very good. the question on that is quality, and we'll see overtime if they're going to have to come to us for higher quality. but for soybean and soybean meal demand, for pork demand, for beef demand it doesn't bode well when chinese economy's in turmoil, but we still do have to feed the world, right, so at some point their mix of what they might need might change, but they're still going to be looking for proteins. they're still going to be looking for grains, so, again, doesn't bode well for
you wonder if this is sort of a repeat of what we saw back mid last year and if they find some footing and are able to kind of rebound here going forward. >> at the same time we're seeing possibly some sanctions on ddg exports into china, you know, so when we look at this it seems like some bearish factors playing against us right now. >> absolutely. i mean, you look at the issues in china. you look at the issues in energies. you look at the price of the u.s. dollar. you look at currencies across the world and without demand growth, i mean, there's demand there, but without demand growth we're still in a supply market, so unless we can grow that demand whether it be domestically or in china, we need to see that growth to help shift us from a supply side to a demand side market. >> well, i know we've been talking about some pretty bearish factors so far on the show, but we actually have some opportunities that you
numbers, so, steve, starting with you what were your biggest takeaways? >> i think the first thing is it was below expectations. that's why we saw the big market rally. obviously we talked also the funds were pretty short and expecting to push it down a little bit higher, so we saw that. i would say that that was probably an opportunity for farmers to move some marketing forward when you saw a rally like that. i think the other thing too is that surprise of wheat acres. people expected a few less wheat acres but not that many few less wheat acres. we're talking almost 3 million acres. i think those are probably the two biggest surprises for me, but when you look at it overall and you look at the stocks whether it was
they're still large. we still have plenty of corn. we have plenty of wheat, and we have plenty of soybeans, and that hasn't changed despite some of the movement around the chairs and the report. >> ted, what did you think of that report out this week? >> yeah, i think the three biggest takeaways is it wasn't as bearish as the funds had hoped, and we didn't start that new leg lower, so they had to come in and cover some shorts there. now, they still remained at a very, very short position, so the question is are they going to come in and defend that position or are they going to continue to exit? and after a day like today where we started heavy and we were able to come back you wonder if they might have to be looking to exit some of those positions, thinking that the lows are in for now. the other one is, where stocks are. if you look at onarm stocks i think that a lot of us were surprised that there's less corn in farmers^ hands than what we were expecting. 61% of this crop is stored on farm, which is the lowest number that we've seen since 2012, so that was a bit of a surprise. that might
producer as what we were originally thinking. and then finally that winterwheat stocks number coming well below expectations. you wonder what that means for this upcoming growing season. you wonder if that might mean we see acreage down as a whole. a lot of analysts were looking for an increase in corn acres, but now that might start to question that a little bit, and in the weeks to come during that acreage conversation we might start to have a little bit more of a positive narrative when we start talking about corn acres. >> so over the next three months, craig, what does carry the most weight on this bear market right now? >> most weight right now is still the dollar, and that's been a horse we've been beating for a long time. the u.s. dollar remains strong, and energy prices right now too down in the tubes, but i think ted has a point there. we're starting to see a shift in wheat acreage. is that shift going to start to spill into corn, into soybeans over the next two, three months? i think that carries some of the most weight. are guys actually going to start
going to see guys get down to the more specialty crops? that's going to bring our acreage numbers down, but globally, you know, we've continued to grow these acres more and more. wheat right now, wheat stocks are at record production numbers, so we need to see what we're seeing out of the wheat number this week in the report. we need to start to see that grow across all commodities. >> steve, considering where prices are today, how do you see this whole acreage picture shaking out? >> yeah. it's a great question. i think the wheat was a surprise. we do think that we'll see more corn acres this year because if you look at the potential for yield and revenue, often acre, corn has the most potential. if you look back over long term back to 1960, corn yield has gone up over 200% where soybean and wheat yields are less than 100% over that time. i think it's 60% for corn or for wheat or soybeans, excuse me, and wheat's like 24%, 30%. so corn has the biggest potential, and
revenue on the farm? so i think we'll see more corn acres when it^s all said and done. >> and, ted, you see opportunity in this market? >> well, part of the reason why corn bushels have gone up is because of genetics, but also the amount of money that we're spending on that corn crop. so corn poses a lot of risk at these current prices as far as aggressive planting, and that marginal acreage that may or may not yield well makes you nervous to go and plant it, so you might be looking for different alternatives for that. so i'm not so sure that we're going to see corn acres increase. i think that winter wheat seeding stock, seeding number might be suggesting that, so i'm a little bit more friendly going forward. but we'll see. i think the narrative that we're going to get into, the first acreage, but then also weather. you look at the weather patterns that we've had and long term forecasts aren't worth more than what we can throw them, but that being said you can make a lot of comparisons of what we've seen this fall and early winter to some other years, and we had the wettest november 1st through
been bad years, 2012, '88, '93. so that's something. the warm temperatures we've had up until recently could be an issue, so look out for weather. >> an interesting year to say the least. all right. we're going to get their closing thoughts when we come back on u.s. farm report. receive a free trial of the daily market letter and gain knowledge about current market conditions from the professionals at bower trading. view the markets like never before. go to bowertrading.com.
producers is you have to manage the margins now and understand what that costs to put that grain in the ground and you're not thinking about, worrying whether it's $4.50 or $5 corn, for example. what's the margin you need to be a profitable farming operation? >> all right, thank you. craig? >> i'm going to touch on the cattle side right now. i mean, that's been a big talking point the last, well, for quite some time, but
markets around us are melting, and this is kind ofguys don't want to remove the emotion that we can get back to $1.50 fast. we can get back to $2 figures. they need to recognize that this is a change in trend like we saw in grains, two, three years prior. >> good point. ted? >> yeah, i think in the near term the big deal for grains is going to be money flow. you look at the big fund short position and the lack of end user coverage going further out in time, and you wonder if the lows, if they get to feeling the lows might be in for now. they might start covering shorts, and also keep in mind with the turmoil going on with equity markets risk off for the funds right now is exiting short positions. so keep an eye out for that too. >> okay. thank you all for being here. we appreciate it. john phipps joins us next.
on in his world. john. donald trump's biggest competitor for media attention last week was china. to put it mildly, the chinese stock market started the year off with fireworks, dropping about 10 percent over the week. while this is an unsettling development for financial markets around the world, i am still dumfounded china actually has a bustling stock market. mao must be spinning in his grave. experts have suggested all kinds of explanations and predictions, but for us agriculture i would offer these points to keep in mind. first, china is our biggest overall trading partner, but mostly because of their exports to us. a slowdown there and a weaker yuan may increase our already large imports and diminish exports. second, ag has much at stake. china buys about
ag, the risk to our economy would seem to be manageable. americans do not have a lot of money in the chinese stock market. actually, neither does the average chinese - it's mostly institutions like pension funds and the government buying shares. so a stock market meltdown there doesn't hit consumers as fast or directly as in the us or europe. third, as we talked about a few weeks ago, the popular dollar index won't accurately reflect the effect of a chinese slowdown since the yuan isn't included. but it will be very difficult to keep up exports as the world increasingly turns to the dollar for safety, making it more valuable. fourth, all those americans worried about china holding u-s treasuries may be relieved to see how fast china is selling those bonds to prop up their economy and currency. china accounts for about one-seventh of world gdp - no small portion. but if the us, eu
us all to another recession. finally, while we can't admit it until november, the us economy is not nearly as ugly as depicted in campaign rhetoric. in fact, our sluggish 2% growth is pretty impressive compared to the rest of the world. in short, condition yellow - not red. thanks so much, john. severe flooding forced some farmers to sell their grain not when they wanted, but when they had to. that's our farm journal report after the break.
journal broadcast, this is u.s. farm report. welcome back to u-s farm report. here's what we have in store for you over the next 30 minutes. farmers along the mighty mississippi are sellling grain out of necessity, not when the price is right. we're on the road with machinery pete heading to ohio. and john addresses one viewer's fears about terrorism in customer support. now for the news, as southwest farmers and ranchers continue to dig out from the massive blizzard that hit just after christmas, losses
estimates put total losses in texas and new mexico at roughly 40-thousand head. while counts are still coming in, the texas and southwestern cattle raisers association says they're revising their early estimates lower. shortly after the storm the organization said beef cattle losses were between 6 and 8 thousand head in texas. it's now putting that estimate at between 15- hundred and 2-thousand. that doesn't include local dairies or feedlot cattle. producers in the area says they're still trying to get a handle on all of the impacts from the storm. as far as the feedlot we had a tough time getting through. we lost quite a few cattle and had some cattle turned out on wheat and we chased them for 30 miles south of where they were supposed to be but finally got them back. however we're still missing a few here and there. it was pretty rough. to the west, the new mexico governor toured dairies this week, saying she doesn't expect any financial
for the headlines, a group of beekeepers, growers and environmental activists want to see seeds treated with neonicontoids treated as pesticides. a lawsuit being filed against e-p-a alleging the dust from the coated seeds harm the environment, including honey bees and birds. the group wants the seeds to be listed under the federal insecticide and fungicide act. new legislation out of washington could prevent the occupational safety and health administration, or osha, from placing new restrictions on fertilizer sales. osha decided to change a rule and force force ag retail locations to follow the same chemical storage requirments as wholesale facilties. critics said this would cause many retailers to stop selling to farmers at rural locations, in turn, creating shortages of anhydrous ammonia. north dakota senator john hoeven included language in a recent bill that would prevent osha from implementing that rule until farmers adn retailers have a say. the house approved a measure to kill epa's waters of
it's on to the president, where it's expected he'll veto the bill. house speaker paul ryan said the veto would force teh president to be up front witht he american people about the adminstration's power grabs and sets the stage for correcting these abuses in 2017. after 16 years as president of the american farm bureau federation, bob stallman gave his final address this week at the organization's annual meeting in orlando. now, zippy duvall of georgia will lead the group. he was elected this week. duvall is president of the georgia farm bureau and a broiler, cattle and hay producer. he said he's humbled and will work hard for farm bureau. the campbell soup company is submerging itself into the g-m-o labeling debate. the food maker is now pushing for national mandatory labeling of food products when they contain gentically modified ingredients. campbell says it continues to recognize that gmo's are safe. it feels national standards are needed, to pre- empt and supercede any state standards. vermont will be
effect in july. speaking of wild weather, we could see the first january hurricane since 1938. the rare hurricane is alex. the national hurrican center upgraded the storm's status this week. the atlantic hurricane season officially runs from june first to november 30. that's it for news...meteorologist mike hoffman joins us now with the national forecast. mike, i think this hurricane news just proves we can't rule anything out this year. yeah tyne i believe that's only the fourth named storm in the atlantic in the past 160 years. so it is a rare event. not unheard of but still very rare. very cold air in the northeast, midwest, great lakes all the way down into parts of northern dixie. as you can see the jet stream just continuing to bring in that cold air and we see flatten out a little bit. still storm systems, but look at the little ripples that just keep coming from wes to east that will continue to effect much of of the l lower 48 but the cold air kind of retreats a
northern tier of states as we head into the weekend. so my 30 day outlook for temperatures, below normal through the southern tier of states, above normal northern rockies far norther plains. you'll still have cold air up there. it's just you get those warmup in between. and it'll be back and forth but near normal in the great lakes and the northeast, precipitation outlook typical el nino above normal east coast, much of southern states thanks, mike. residents along the mississipp river saw a brutal start to the new year. farmers may be accustomed to some flooding in the spring, but it's not usually something they deal with this time of year. in this farm journal report, betsy jibben takes a look at a marketing move most farmers along the river bottom didn't plan for, and how the flooding is bringing timely legislation to light. 2015 was a year to remember. just days before 2016 brought a fresh start, the mighty mississippi lived up to
its way. "flash flood on the mississippi? i've never seen it in my life." grand tower island, missouri farmer eric doza lives and farms along this levee where water reached almost 50 feet late december. while his farm ended up spared, he wasn't going to take any chances- he sold all of his grain. "yep, it's all empty." > "we had to go. water? it didn't matter."> farmers say they had a 3-to 4 day notice to prepare and move their belongings. truck after truck- it took all night to completely empty their bins. how many farmers do you think moved their grain in this area? doza: "everybody, everybody."> it's the same situation for neil heins. his family moved over 200-thousand bushels of grain. "we don't have flood insurance on any of our grain and anything. we couldn't handle taking a chance of losing it."> heins has forward contracts in place. but the elevator he contracted with was close to
haul where he could and sell in that elevator's name. it was kind of weird how we did it because it had it sold at one elevator but we hauled it to a different one."> "most of ours was basis contracts. so we had the basis locked in but not the price,"> some say it's likely those extreme wet conditions will impact central corn belt farmers well into spring. as the mississippi river and its tributaries are gaining national attention, ag leaders hope it could cause more focus on the
success and have received great success but unfortunately we have not maintained them." the new spending bill may help with infrastructure projects. the army corps of engineers received a big boost-of 6 billion dollars- a 27 percent increase above the president's budget request. the inland waterways trust fund received record-level funding for navigation projects as well. while infrastructure funding is on some minds, these farmers keep their eyes to the river. anyone who gets rain or snow above you, that all has to come down. "> reporting for u.s. farm report, i'm betsy jibben. thanks, betsy. this is the second flood both farmers experienced in 2015. both had prevent plant acres from the first. when we come back, we're sending it back to john phipps.
viewers, proving it's a sensitive topic for many. john joins us today to address one of those emails. john. greg gronewold from carthage, illinois was - in his words - "appalled" at my comments on the risk of terrorism. please read his entire e-mail on our website, but here is one part: "there is a huge difference between "afraid", "fear", or "hysteria" when compared to my perception of what is taking place, like "prudence", "caution" and "informed" with rural america being more sparsely populated, are we more willing to accept a "lone wolf" attack because the number of casualties will be less than in a mass attack in an urban area? i am not let's not confuse the reaction of the american people, or attempt to downplay the potential by stating that it is
you for your reply. many americans share your concerns, but i'm pretty sure we won't find much to agree on. recent studies show that our response to terrorism risk is filtered through our political beliefs, regardless of any evidence. more importantly, the actual risk of death matters much less than who causes the death. for example, in the last decade 24 americans have been killed by jihadist terrorists here and abroad. meanwhile we now average 50 americans shot every year by toddlers under the age of three. i cannot grasp how applying a zero-tolerance approach to jihadist terrorism should be any more important than zero tolerance to toddler shooting deaths. but even making that comparison enrages many who find importance in the political implications of threats. this is why we use the term terrorism. our fear escalates to irrational
risk. history suggests such fears are never really laid to rest, but simply go out of style and are replaced by other perceived risks. i find this pattern this oddly comforting, and wish there were more ways to share that respite. thanks, john. and remember, if you have questions or comments, you can send john a note. just email us at mailbag at u-s farm report dot com. when we come back, we're kicking off a new series featuring equipment trends and machinery pete.
is brought to you by john deere. new or used john deere delivers performance that pays. we're starting a new segment here on u.s. farm report. it's called on the road with machinery pete. we'll hear directly from the guy i like to call the machinery encyclopedia... machinery pete. but we'll also learn about the
our first stop is london, ohio where clinton griffiths caught up with dealers and farmers at the local john deere dealership, j-d equipment. machinery pete kicking off the winter auction season in london ohio. big turn out here today clinton in central ohio. jd equipment does this sale every december this is the first year they've had it on the grounds here at farm science review. good crowd and pretty active bidding as well. 29:00 we've had great weather. it's a little foggy today but auctions are supposed to be in cold weather. 45:04 2015 was a challenging year for many growers in this area. things were really looking good but we just got pounded with rain early on and it just took a toll on it and harvest didn't fair so well.
bu and 70 bu beans to 5 bu. 00:36 we had pretty good crops we were pretty blessed. and that variability along with fresh tax incentives like section 179 and bonus depreciation are helping keep equipment sales moving. 179 has been really good for us. it has created trade cycles for us it really works when you have something to plan on. our biggest challenge is used inventory but it's an opportunity for the customer. as grain prices have dropped used inventory prices have too. so that's an opportunity for the customer. what's the vibe right now at these winter auctions? well this time of year clinton. december we're starting to get more auctions. there's a lot of late model equipment starting to show up at auction. the vibe...farmers are wondering geez are there going to be some really good buys out there.
late model stuff which there is an excess of inventory on dealer lots no question but we're seeing some fairly surprising prices. even on the sale today here we had a combine on the row right over there i know did well above what the dealer was hoping to get out of it. some surprising strength at time. some surprising strength but what other trends are you seeing out in the field. well there are a couple of challenging soft spots that are lingering. self propelled sprayers and large planters there are some pretty good buying opportunities for folks right now and that's been the case all year. i think that will probably continue into early 2016. the smaller equipment the under 200 horse has been a lot more steady now with the changes in the livestock market people are wondering how that's going to affect used values i really haven't seen much change yet but its something we're watching day by day. for those looking to buy--technology seems to be
rate and looking to save seed costs and making sure things get done right. we're looking at stuff that can save us money and make us money in the future. 1:34 i think technology is going to lead the trend because we're all wanting to control input costs. and there's no better way to control input costs than variable rate. and you can variable rate just about every application. 9:55 overall the decision making revolves around whether or not they're going to upgrade their current technology a planter for instance and get the benefit of that technology or do they need to trade all the way up to a new one. 8:10 we're doing some sideways' trade picking up some technology and lowered a few hours. just keeping up on the technology and
welc state. while searching a scrap yard for tractor parts, richard came across this john deere model a. while it may give him trouble from time to time, richard says he still loves to hear that put, put, put. this is a 1951 john deere a high crop. the good thing about it they didn't make very many of them and i suppose a few of them was enough probably. i drove that on
three days. rides rough and it steers hard. but they're kind of an attraction because there were so many of them made. and they used em for vegetable. they didn't make a great many of em. i think 200 and some odd of em. but they are hard to find and they get kind of attached to them. this guy had it in the salvage yard and that was the place for it. in that salvage yard. it was really rough. it had been come from the west coast and the sheet meta was completely eat off of it. bought it over in kansas and had a trailer over there and so we bought it. i've spent more money on it than its worth. but they like em, people like em. we worked on it off and on i suppose maybe 2 or 2 and a half years. but the darn thing would always run really good and just you can just about count you
but it was miserable driving. thanks, richard. this weekend we're paying tribute to the langeloth lang-loth community church in langeloth, pennsylvania, celebrating 100 years of service. church member yvonne tells us they may be small, but they have a dedicated membership with several lifetime members attending that same church for 80 plus years. thanks for that picture. stay with us. tyne's back with cropwatch next.
is south of amoarillo, when the blizzard hit right after christmas. then the second picture is how things look now where jarret farms in dimmit. jarret said friends were posting on facebook who were missing cattle with ear tags and brands... trying to find the lost livestock. what a sad deal. scott simmons is about 35 miles south of dalhart, texas. he says they escaped the heavy snowfall only getting about three inches from the two systems that tore through the area recently. scott says they're now back in the field. they hope to be done ripping in 30 days. and mike, our viewers in north dakota are no strangers to snow. marty sent me this picture on twitter. so far this year he says they've received only about 15 inches of snow. it's been really nice weather but they are expecting negative 30 degrees by monday morning. this is times i wish i was still on matenrity leave with my house locked up you know
you have any pictures or videos feel free to send thsoe our way. to send comments to mailbag at u.s. farm report dot com or check us out on facebook and twitter. you know we haven't heard from the soutehast or the west. the west has been getting a lot of rain. i keep waiting on the drought monitor to shrink and it's taking forever. so we want to see what our viewers are seeing so please send us those photos so we can know. well for john al mike betsy and lcinton, i'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
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