Skip to main content

tv   U.S. Farm Report  ABC  February 6, 2016 5:00am-6:00am CST

5:00 am
a new owner, but not everyone is comfortae with china jumping head first into the u-s seededindustry. wild swiwis in the cattle market... time it was just unbelievable how much equity we lost in this industry in a 100 days. 5:11> our farm journal report looks at where prices are going, and why some want to take a look at the c-m-e. in american countryside, andrew mccrea shares the rise of popular product used for baking your favorite goods...
5:01 am
from the 12 member nations signed the trans pacific partnership in auckland this week. the trade pact is five years in the making, but isn't a done deal. each of the countries now need to sign off on t- ppl, including u-s congress. and legislators think it won't be brought up until after the november election the 5 billion dollar panama canal expansion is scheduled to be completed in april, btu now officials are pushing that date back several months. construction is 96 percent complete, with a new completion target of june. the contractor is still working on fixing the massive locks found to have leaks last fall. the u-s dollar posted its biggest two y drop in nearly 7 y yrs this week. the weakness is over concerns about global demand and the federal reserve's response to slow growth world wide. south africa is looking at record wehat and corn imports. that's as the country faces one of the worst droughts on record, knocking out 25 percent of the
5:02 am
tonnes, twice the amount originally forecast. brazil is looking at a lower soybean harvest this year. the country's official crop bureau cut its soybean forecast by 1 int 18 million tonnes, totoust under 101 milllln tonnes. most of thth coming f fm mato grosso's volatile weather. while lowered, it would still be a record crop. those are the headlines...meteorologist mike hoffman joins us now with weather. mike, some pretty severe weather for many of our viewers this past week. do we get a break next week? thanks, tyne. the short answer is yes, because we won't see any severe thunderstotos this week and we e not going to see a blizzard. however, the eastern two-thirds of the country going to be very cold in some areas, especially the great lakes is going to get a lot of snow and maybe the northeast as well. drought monitor shows the only problem area out west doesn't really want to improve too much, but it is slowly,ever so slowly shrinking, the extreme and exceptional drought areas, but a huge difference compared to what we have seen the past couple of years, no real issues s th drought, most of the eastern
5:03 am
the greaty lakes, fairly strong snow system here, but it's moving so slowly it's mainly going to be a lake effececfor those areas, snow all the way down into the southern appalachians, some rain showers along the cold front and then it is very dry to the west, very cold in the central part of the country , mild i iwestern sections, by wednesday that isis the same storm system over the eastern great lakes, still swirling, still putting down very heavy lake effect snows and it looks like a secondary cold front then will be dropping through the central plains and the tennessee valley with another shot of cold air and still mild and dry mainly out west, except for a few showers in the pacific northwest, by iday another system diving into the great lakes, this one will be weaker, but it still has some very cold air behind it, so some lake effect, well let's just say general snow showers along the great lakes there and then you can see finally another system coming in out west after the reprive for most of this week. we will be back in our next half hour with a longer
5:04 am
john phipps s s kind enough to take over my roundtablblduties from north dakota this week. so, after the break, we're off to fargo for the north dakota soybean expo > us farm report from the
5:05 am
dakota soybean council, our world is growing. good morning and welcome to fargo north dakota, im john phipps standing in, no sitting in for tyne morgan, here for the round table at the northern soybean expo. and with us we have tommy grisaffi from advance trading, we have dwayne bosse and we have
5:06 am
gentlemen, let's start with the elephant in the room , little joke there. what is at stake for agriculture do you think, in this election cycle. we're officially into it. well regardless of your political views are you can't get away from it. and so o all have a political connection and it's there was an interesting turn of events this week, and you know, the american public got to voice their opinion, and what i learned, and what i think it will tie into agriculture is not matter how loud and obnoxious you are or how much money you spend on an election, this is still america and the people voted. and so being the loudest guy on stage doesn't always mean you're going to win, and >> why, whoever could you mean, tommy? (laughter) >> i have no idea, but we all have something at stake, and this election's more important than anyone in your life, in my opinion. >> well, there are some serious things at stake, and, mike, i know dairy
5:07 am
the big issues among the dairy industry is immigration and being able to make sure that we have a stable, ongoing work force as we move forward, and the reality of it is there have been too many things s splanting that in n e recent years that give great concern as we go forward over what those new to legislation legislative actions might look like and what comes from the top down on that particular issue alone. >> and the other thing, i think, especially for soybean growers here today, trade. how we conduct foreign relations has a big impact on who wants to trade with us. >> yeah, that's correct. especially up in north dakota most of our soybeans go straight over to thehenw and directly to o ina, so obviously if we have a leader in office that is going to have good relationships with our trading partners, that will mean good things for us as producers as well. >> i think in general we always, as americans, have something at stake in elections, but there are some specific topics that got a lot of
5:08 am
didn't play out like i thought. >> no senator, cruz, it was fascinating to watch in the election. he came across with a lot of poise the last few days, and he started talking softly. and when trump g louder cruz got softer, and i think people heard that voice and they rallied around him, and i think he changed his views on ethanol. i'd imagine you'd have to if you're driving through iowa and hitting all 99 counties. >> did he? did he change his views? if you really parse that what's your thinking, duwayne? >> well, personally, honestly, i'm not listening to too much of what they say right now because promises right now don't mean a whole lot once they get into office. somememes i've seen it fore > especially inin iowa. >> right. i don't know, remember, i mean, he is from texas. that's oil country. i'm a little nervous, i guess, on his ethanol stance, to be honest with you. >> right. and i would agree. i think at this point in time they're all a little bit
5:09 am
when you're in iowa you're a fan of ethanol if you're running for a political office. >> well, you touched on i'm sorry, go ahead. >> trump said he's going to buy a farm. that's the >> land prices are going to blip up there in iowa, and as long as he's on that side of the river, works for me. [ laughter ] >> we touched on oil, and if you read the press and even economists are starting to take a look at it. we never thought we would be saying this, but is this oil in the $30 range, is it actually hurting the global economy? and that's some economists are saying it's killing commodities. mike? >> absolutely. i think as you look around in developing countries that rely on oil as a revenue source yep. >> they're in trouble. they don't have the wallet that they did a few years ago, and as we look at what it means to our internal infrastructure. you talk about ethanol, plant profifibility is below w e zero line when you look at the forecast ahead. the reality is if you're a corn
5:10 am
on just in the state of north dakota, and what's happened in the balkan and all of the activity that was once there. >> right. >> all of these things have an impact, and they ripple back through the entire economy. >> my concern with energy is, is that crude oil will probably stay low price all yearlong. rit now like i said, ethanol, they're making they're not making money, they're losing a little bit, but they're still operating. now, we get a spike in corn prices this summer because of drought talk, which we've heard a lot about that. >> well come to that. >> energy stays low. what's going to happen? they shut off those ethanol plants and they're not going to grind anymore, and right back down to where we were price rise. >> okay, and you notice the queue there was drought talk, and we'll pick that back up and we're right
5:11 am
tot you by the north dakota soybean council. our world is growing> u.s. farm report from the 2016 northern soybean expo is brought to you by the north dakota soybean counciln our world is growing. >> well, we're back in fargo at the northernrnoybean expo with totoy, duwayne and mike. and we just mentioned the (d word, and at the top producers seminar last week, tommy, a guy came out and said, it looks like 2012 again, $6.50 corn, and that was everything, that's alleople remembered. is that rolling across the minds o oa lot of the farmers you know? >> yeah. well, you tell me the difference between stupid and illegal and we could possibly have him arrested, you know. [ laughter ] >> he's soft. setting people up you're on fire today. >> we're here in north dakota. we're at depressed prices. we have multiple commodities. you even told me about commodity i!d never heard of. l at 16?year lows, and so there's nothing like dangling that carrot in
5:12 am
more than we're going to go up, and we might. my question to you is, are you in the right position to ride that wave up? >> did it freeze a lot of guys marketing plans right there saying, well, wait? >> absolutely. and that's the unfortunate part, right,ecause as we talkbout things like crude oil and we talalabout macroeconomimi and we talk about world supplies in a normal?growing year. if we don't get that drought and things take a normal course of action, and yoyo marketing plan was, i'll sell when the e ought shows up, you are in trouble with a capital tf, and that is as tommy points out almost criminal to put that out there as some sort of a guarantee for mebody that's waiting for a better price. >> well, what we've got, i think, is a lot of guys are talking to their bankers right now. it's not a happpp conversation. this, you know, $6.50 makes it work. >> well, yeah, $6.50 definitely makes it work. but the thing is there's a lot of lower prices than that that could still make it work too as well. i'm actually fine with the whole weather scare talk. normallylyvery year we do have some sort of event, but notice i mentioned scare. we don't actually have to end up with a corn yield of 150 to have high prices. all we need is
5:13 am
think we're going to have a lower corn yield. what will happen to prices when we spike up? the new producers need to be set and readto lock those prices in then because iit rains next week or somebodyysays, well, that weather man's way off, and we drop back down later, you guys need to lock in your profit, which means game plan rights now. >> aren't they heavily short on the speculative side? so you,at least you'd get a short covering they were, they covered a lot last week, and what's amazing they covered, i want to say, at least 100,000, and corn only went up a penny and a half. >> a few cents. thth's scary. >> yeahahthat is a little discouraging. >> and we saw this last summer. the reality is we had the same setup last summer. we came in through a rough spring. we had all the wate late all of the talk was crop is in disaster. it's flooded. therers prevent plant. we're not going to get a yield. 90 cents later after the after the funds roll out of a short position we'r'rat $4.50 corn. it lalas for a matter of a week and a
5:14 am
like it, and the reason why the market does that now is we shififd from a demand?driven bull market in corn to a supply?driven market. now, what i mean by that is the only time you're going to see a spike rally is when the supply is threatened in the u.s. and like i said it doesn't have to actually end in a drastic drought. we just need it to be threatened somewhere in between, so you're going to have spikes just like last year, in my opinion. >> okay, whwh size spike would you sell? >> go ahead, mike. [ laughter ] >> over to you. >> so here's the thing is everybody's waiting for the silver bullet. everybody wants the big rally, but i think if we're wise about how we respond to the markets, we're working our way into the small rallies too. there are other totos out there than a cash sale that help us manage through movement in the marketplace, so options are a beautiful compliment to your selling program, but as you're working through even this rally, if ththe's profit on the table, and i'm talking to guys that are finding it here, why not sell
5:15 am
separate fact from fictiti. it's the month of february. we're setting the crop insurance level. let's be realistic where those are. as of today the second day of the month it's $3.90 corn and $8.90 beans. i have a view a little stronger than mike's, and i respect them. let's not just protect profit. let's lose less money than our neighbor. >> on the same line as far as the outlook for this next year, soybeans are probably a little bit bigger, bearish picture out there obobously fundamentally, so i don't mind selling on our farm, our soybeans below our cost of production just a little bit, and i'm counting on that corn price to rally enough to make money on it, but i'm going to have target prices set in place and sell thehewhen they get thererand not get emotional like i tend to do every year and not sell. >> all right. >> i'll give you some numbers. >> okay. >> i'd be selling 20 to 30?cent rallies in corn. we're already in one. start now. soybeans i'd be@selling anywhere from 40 to 60?cent rallies in soybeans. we're already there. start selling. wororyour way into this market now. don't be waiting, you know, the whole point of this conversation among all of us is have a plan in place now.
5:16 am
start acting now. don't wait for that silver?bullet drought right, we had to go to $3.50 corn before we had the rally. >> all right. brave man, we've got it on tape. and we'll be back with more from u.s. farm report in just a moment.
5:17 am
tommy grisaffi? >> well, it's been a pleasure traveling across america. in the last 12 days i've been to 12 states with my partner, davfogle, and every e of you come to us with the same problem-- you're caught long. let's not kid ourselves what your position is. the whole world knows it. there's people out there to help you. number one person's going to help you in this room is yourself. identify the problem, move on.
5:18 am
we're getting there. so let's move the '15 bushels. let's talk about plant '16. let's have a plan. >> okay. duwayne? >> on the same lines a awhat tommy said. . u know, i have gone on record saying that i am a believer in some sort of weather event scare for 2016, but on our farm i'm not going to hold 2015 bushels all the way into that weather scare. i'm looking at moving all of our beans now, actually all our beans are gone. if we do get the weather scare i'm talking about i'm selling next year's crop. not two years of production. >> good. mike? >> well, on top of that the reality is most people are sitting waiting,g,nd you don't want to be in the herd whehethe herd moves. you want to be out in front, so be examining what your basis opportunities look like in combination with this rally that we've just e eerienced. take a lolo at getting things l lked up in that regard so that when the opportunity finally shows itself and the herd starts running, the basis doesn't widen out and it all disappears. you nene to start takingngction right now. move that old crop, look at option strategies in concert with that, and start planning some things for new crop in
5:19 am
don't freeee up. that's our word from north dakota. thank you very much. 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 bowertrtding.com.
5:20 am
us for a look inside his world bear with me on this one. i hope atateast a few of you haha seen the historicicootage of a spacex rocket landing last year and the almost sucessful attempt to repeat the feat at sea. that challenge failed as a landing strut collapsed, but for manof us elderly nerds, even coming that close is electrifying. it's not just that making rockets re-usable will lower the cost of space flight by an order of magnitude, or even the idea of guiding a rocket vertically backwards to a soft landing on a football-field sized, unmanned
5:21 am
technological leap is the visual fulfillment of a future many of usreamed of as we devoured pulp science fiction and watched cheesy spapa movies in our mid- twentieth century youth. the spacex landing is what we labored through analytical geometry and dferential equations to build our careers around. and it looks like the future we imagined back then. that is what a rocket landing is supposed to look like, in our minds at least. it may seem like a joke to hang on to such images, but consider that the communicator captain kirk introduced on star trek was practically identical to the first flip-phones. imagination can be a perful motivation fort, advancing not just science but humanity itself. i am no longer embarrassed by my lifelong fascination with those early days of space science fiction. if nothing else it presented a view of the future where humanity is using science to build a tter home and an exciting tomorrow for r
5:22 am
hunger games or mad max, such dreams are uplifting and worth working toward, even if our expectations are usually premature. besides doomsayers haveidiculed dreamers for my entire life. our world h h serious problems, but dreamers do not quit, and as we just witnessed, routinely defy do not quit, and as we just witnessed, routinely defy partial fulfillment of those childhood fantasies, unlike today's ominous predictions of disaster, those silly dreams have encouraged and comforted me. as they slowly become reality it is like meeting an old friend after a lononabsence. thanks, john. also, if you'll be at the national farm machine^y show next week, john andnd will both be thererfor our u.s. farm report taping. that happens thursday at 2:30 eastern we hope
5:23 am
markets has top officials asking c-m-e why. we'll i iestigate after the break.
5:24 am
from the studios of farm journal oadcast, this is u.s.
5:25 am
slice of americana, when andrew mccrea shares the story of clabber girl in american countryside. and a viewer has a question for john about trade. now for the headlines, more consolidation within the ag industry, but this time, it's a chinese based company jumping head first into the seed business. chemchina announcing its buying syngenta with a 43 billion dollar cash offer. syngenta says the existing management will stay in place and continue to be based in itzerland, with offices in the u-s. the deal still has to clear regulatory hurdles, but syngenta officials say it's unlikely syngenta will need to divest part of its business. iowa senator chuck grassley says the purchase is something he plans to take a close look at as chair of the senate judiciary committee. there are also questions about national
5:26 am
close to u.s. military bases. in response, the national farmers union expressed concern of such a move saying, quote, in this case, syngenta would be owned by a company cocorolled by the chinese government. for an increasingly consoidated sector of agriculture, this is of particular concern since state-owned business frequently do not act in economially rational or predictable ways. speaking of china, monsanto receiving chinese approval for its roundup ready 2 extend soybeans this week. that means the product that has resistance to both roundup and dicamba will be available fo rthe 20101 growing season. even though it cleared hurdles in china, the use of dicamba over the top still is waiting epa approval. but monsanto company says you can use dicamba as a burndown, but according to the label, it must be done 30 days prior to planting. epa administrator gina mccarthy being asked to testify in front of f ngress next week. the house hearing is to look at the agency's possible overeach, and impacts on teh rural economy. the house ag committee says mccarthy will be asked to explain her recent decisions. speaking of epa, bayer crop
5:27 am
belt insecticide from shelves.s.its registered for use on 200 crops but is mostly used on tree nuts. epa says it's worried about its impact on invertebrates that live in the sediment along rivers, lakes and streams. bayer says 7 years of testing and monitoring shows no impact and it's questioning epa's data and it's support for production agriculture. cotton won't be elibile for p-l-c or a-r-c payments. that's despite efforts by certain ag groups, including farm bureau, to convince ag secretary tom vilsack to classify the crop as an oilseed. cucuently cotton is covered under staxx and d e not currently eligible for those programs as outlined in the new farm bill. vilsack says he doesn't have legal authority to make the change. instead, cocoress would not only need to authorize coverage, but come up with the 1 billion dollars to fund those payments. house agriculte chairman mike conaway sa usda does have the authority to make a a claration
5:28 am
grass stockyards suffered a massive fire. it's still undetermined what caused the 70 year- old structure to burn to the ground. university of ntucky says now many livestock producers are left without a place to market their cattle. just last year, the stockyards sold 100 thousand cattle. those are the headlines...meteorologt mike hoffman joins us now with weather. mike, how's february shaping up? well, tyne thank you very much. we are definitely looking at an active weather pattern for the next ten days or so and then we kind of go zonal with mild weather flooding most of the lower 48 to end february. but to start off you can see this huge trough and storm system is going to be swirling over the great lakes for about a two-three day period here, becaususof this trough so this not only brings cold air over the continental divide to all parts of the country it also brings a fair amount of snow in the track that that storm takes, one up the eastern sea board, the other one sitting over the great lakes. you can see as we head through this week though it continues to bring cold air into the northeast and the great
5:29 am
start to warm up in many p pt of the country. my thirty day outlook for temperatures: still below normal for the southern half of the lower 48 above normal north dakota back to the west coast, precipitatn over the next 30 days above normal--kind of el nino still for the southern tier of states below normal ohio valley, great lakes and also the northern portions of the rockies, tyne? than, mik. usda just releasing its semi annual cattle inventory report. it shows the the nation's herd now at 92 million head. that's three percent higher than a year ago...and the largest cattle herd since 2011. herd rebuilding, g gbal trade, and market access were all b b topics at this year's cattle industry convention held last week in san diego california. but the biggest issues for attendees...prices and volatility. clinton griffiths was on site last week at the coention where even the c-m-e showed to discuss trade in 2015. that's this weekek farm journal report. more than 6-thousand cattlemen and women made the trek out west. but amid the hats, the boots and anticipation
5:30 am
how much equity we lost in this industry in a 100 days. 5:11 what moore is referring to is the massive drop in cattle futures the last quarter of the year falling 16 percent in just a few months the biggest drop in more than 3 decades. i said it wasn't the cattle i boughthtast week that look too high. the cattle i bought 5 minutes ago look too high. that's environment we're trying to live in and do business in and itit a struggle. it's a fight. it's an emotional roller coaster and its very very stressful. 7:07 it's that volatility that has folks in the industry now asking what's going on? there has been a lot of concern about the downward presesre in the markets especially when we've seen limit up and limit down days and they've happened within a matter of minutes of opening. so the question has been what has caused that? the ncba and others are asking for a second look...from cme. we're investigating and we've already offered a couple of ideas and the cme has been very willing to
5:31 am
asked for is that they place messaging limits on cattle futures contracts basically putting a limimion the number of times an individual firms can trade. that did not exist before we asked for it. messaging is either adding an order adjusting an order o odeleting an order. 53:46 do too much and traders will face a fine. cattlemen are hoping to figure out if high frequency trading is behind e volatile swings looking at the data, cme says it's cattle future's market sees just 10 percent of trades done by high frequency computers. in contrast, it says the new york stock exchange sees 80 percent of trade happening that way. the cme group says messaging limits is just one step-- other toolslsare available and d uld be implemented if needed...including shortening trading hours. 57:59 because as long as we are seeing that in the marketplace we have producers who aren't going to
5:32 am
liability than an asset. s sce the calendar tururd prices have stabilized somewhat. cattlefax says it expects that to continue through the year. what do you see...where do we stand in this market? (question) we think pricesn 2016 aren't going to be a lot different than where we closed up late in 2015. you know fat cattle market probably averages 130, 135, feeder cattle may be 165, calves are 195, so yes that is well off our highs, but still from a historical perspective it still should be strong enough in the cow, calf side to see continued expansion again this year.> at the end of the week we finally got feb trading at last week's cash levels...a bit above. is that a sign we're going to start seeing positive change. as well, we start seeing feb contracts start trading ababe the april. there again if you're going to be in a bull market it's got to led by the nose. 57:04 optimism...after a turbulent year...that 2016 will return with greener pastures... as lononas we can
5:33 am
even today..we'll be alrht. 6:06 and if not, producers here are ready. 9:05 you've got to be king care of businesesevery second of everyday. cant' lay off one second or you're on the wrong side of it. that's the way it works. in san diego california. i'm clinton griffiths reporting. thanks, clinton. when we come back, john phipps.
5:34 am
s customer support topic is trade. here's john trade and self-sufficiency. "i'm nfused as to why it t that we as americans can raise cattle poultry pork and crops in a manner to which we can supply and sell among ourselves and
5:35 am
products oututf the country to ke more money and thth buy back some of our own product at a higher price in the name of imports. just as people say about oil why don't we become self sufficient and buy our own product." thanks for writingng wesley - and for including your address! the textbook answer for your question is that trade allows nations to produce the goods and services they are most efficient at and exhange them for stuff they can make as easily. in the end both countries are better off. self- sufficiency is a sure path to economic stagnation and lower standards of living. think of north korea. this bedrock belief of modern economics has mounds of data and math to back it up, but just in the last few months some new surprising new studies are adding an asterisk to this
5:36 am
bottom line is while trading nations overall are better off, within each country the losers - people who make things other countries are much better at - suffer far greater and more permanent losses than economists had assumed. so while soybean growers are much better off due to trade with china, textile workers have been devastated in the u-s. it turns out labor is not nearly as flexible as economists thought. laid-off clothing workers cannot begin to move to silicon valley and switch t tprogramming careers,s,for example. at the very least staunch free-traders like me need to take very seriously this new information and work to balance our suppppt for freer trade with attention to those whose lives are seriously disrupted. hanks, john. send any questions or comments to john by either email, or facbook or twitter. when we come back, it's a baking powder brand that's probably in your cupboard, but
5:37 am
mccrea has that story when we come back.
5:38 am
than the actual game. last year, 4 million dollars would buy you a 30 second ad. 8 million for 60 sesends. well, back in the 1800s, you didn't have television commercials to help build a brand, it was much more difficult. that didn't stop clabber girl, a popular baking item that dates back to he 1800s. this weekend, andrew mccrea takes us to terra haute indiana to show us a slice of americana that still lives on today. in the early 1800s, francis hulman immigrated from
5:39 am
brother herman to come join him. the brothers eventually began a dry goods business on what was thth the frontier of the nation in terre haute, in in 1850 "they started a wholesale grocery, importing coffee, spices, and that grew into general merchandise, and producing their own foods. and in the 1870's started producing bakiki powder - one of which was clabber girl brand which is ubiquitous now in every grocery store in the united states" the museum here in the hulman's hometown shares the story of the rise of that business a corporaon that continues totohrive today. "this is a morse code device. so, you didn't have to know morse code. you could just push the button and crank it around and it would tap out the letter for you." when francis, his wife anddaughter died in a tragic ship fire on their return from a trip home to germany, herman was left
5:40 am
powder began to be produced in the late 1800s6 it was a name that evolved as they beganano market the product. "clabber means sour milk. so the acid in the sour milk is what interacted with the bicarb, to create the gas effect. so what they first came out with was milk brand. anthen it moved to clabber brand, and then this progression as it moves through, this is the final iteration." clabber girl proved to be a great product, but in the early 1900s it was difficult to distribute and sell any product far beyond one's place of business. there were hundreds of independent baking powder manufacturers. but in the 1920,s herman's grandson tony, developed a sales tactic that brought clabber girl national attention. "so he sent fellas out in little panel trucks to call on every meat market and grocery store. had another crew knock on the doors of all l e farms and give the lady of the house a can of baking powder and then put a barn post sign up. and then would send out a semi trailer full of product. the the sales guys would come back like
5:41 am
hulman's success grew far beyond baking powder though. in fact, one of tony hulman jr.'s next ventures was a favorite pastime. "and thehewere big into racing bicycles. so, tonynyulman, jr. was a fan of automobile racing. and he had actually seen races at the 500 track, or the indianapolis motor speedway, ior to the war, world war two." the hulman family purchased the indianapolis 500 track in 1945. it became a place to advertise clabber girl and to promote the development of auto racing. "the track has changed a bit. it has changed considerably, today's headquarters here in terre haute continues to proroce those long-standndg brands, "much hass changed, yet much remains the same with this 165 year-old company. the iconic clabber girl name is still well known, and
5:42 am
known the world round. its been a recipe of success, for this company that dates to the e ys before the civil war. traveling the countryside in terre haute, indiana - i'm andrew mccrea." thanks, andrew. you can hear more of andrew's stories on my farm radad or by visiting amamican countryside dot com. al pell joins us when we come back .
5:43 am
ready for work. one of just 84 hundred built, this farmall 1206 has just the right power to get any job done. and that's pfect for this retired collector who still loves to farar that was farm haul swiss shot at an over 100 horse power tractor. and i
5:44 am
been collecting them for a long time. it kind of intrikued me to try and get ahold of one of their first over hundred horses. i have had this one for only about four years now. it came out of indiana and it didn't look like that...it was kind of in three trailers, but it turned out to be pretty good. it wasn't o hard to take apart--it was mostly taken apart. the hard part was figuring out how to put it back together. little by little and trial and error, we got it to look like a tractor again and run like a tractor again. and we did everything to it there were all the bearings, the seals, the engine. i plow with it when it calls for. i mostly now, i use it on the trifecta--leveling garden space, you know. i'm getting ready to
5:45 am
grew i believeveheat and they usededt to pull a big harrow. i found that if i keep busy life is better, so in the winter nothing grows, so i i ow a tractor now.w.his week, we are paying tribute to the friendship baptist church of mountain grove, missouri. the congregation c cebrated 150 years in 2015. a special thanks to wilda todd for sharing their church with us. now, if you have a special church you want to share, we want to hear about it. you can email those in, or send us a message on facebook or twitter. we know some of you like to still use the mail for submissions. so, we've added that address, as well. please stay with us, we have some great viewer photos coming up in cropwatch after the break.
5:46 am
snowstorm swept across the rockies, plains and even great lakes this week, leaving major interstates closed, and shutting down aiports. but our viewers made the best of it. kenny told us after the wind calmed down, the kids were able to play. he's in northeast nebraksa where wind gusts pushed passed 50 miles per hour in some places. that made it hard to tell how much snow they actually received, but official totals show anywhere from a foot to 15 inches. looks like tyler and wyatt are having fun with the snow almost as tall as them. and over in iowa, karl setzer didn't escape the snow either. we heard reports of snow falling two inches an hourver there. and me, remember that blizzard that hit the east coast a couple weeks ago? well, our friends in new jersey received over two feet of powder. r-w-v
5:47 am
video on facebook. they raise minature hereford cattle. check out baby thelma. she ran outside to4play without realizing how deep teh snow was. so, she got stuck, called her mom for help, who made a path down the fence line and escpaped the deep snow. mothers always to the resuce, montherly nature. you're right. okay, we've had blizzards the past two weeks. any blizzards this week? ummm... there's going to be a lot of snow and a lot of cold through the middle of hte country. grere lakes probably get the most snow, so we'll have to watch this storm track because it could change quickly. okay my question, is it srping yet? no yea, exactly. as always, we want to heafrom you, send comments t t mailbag-at-u-s-farm-report-dot- com or check us out on facebook and twitter. for john, al and mike, 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
5:48 am
silverado is the official news-gathering vehicle for u.s.
5:49 am
good morning from kcrg-tv9. is waking up with kcrg-tv9 it's here's what you need to know today. delayed sentence. a judge decides to
5:50 am
5:51 am
5:52 am
5:53 am
5:54 am
5:55 am
5:56 am
5:57 am
5:58 am
5:59 am

35 Views

info Stream Only

Uploaded by TV Archive on