it sucks. >> buy any john deere equipment recently? >> actually, i haven't bought any new john deere equipment. i bought a new lawn mower and that doesn't count. >> to what extent are you holding off buying new equipment because of the current ag market? >> i don't see us buying anything new until we see $4 corn and $10 beans, again. >> ali, this is two-fold. the usmca announcement by the president here this afternoon is welcome news to deere because it will bring down the cost of manufacturing, but the second part of that is, this ongoing trade war with china. it continues to impact the price of beans, which means that farmers like jim are not able to buy major, major, major pieces of equipment. we were at a couple facilities down the road here that sell deer equipment and that they've seen a drop off. one place told us nearly half in terms of the big equipment they see being bought. one of those combines cost $600,000 and a tractor costs several hundred thousand for folks like jim who said he hasn't bought any new equipment since 201

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morgan brennan has more on deere's oone- punch. >> deere cutting its full-year outlook as bad weatherrade war with china threatens to further hit farm incomesnd with them, demand for deere equipment. >> harvesting combines now expect equipment sales to rise just 5% for the year, down from a previous forecast of seven. in a statement, samuel allen sang, quot ongoing concerns about export market access for mmodities such as soybeans and the delayed planting season in much of north america are causing farmers to become muc more cautious about making major purchases. 50% of sales come from north america and from farmers here it's a one-two punch.ra escalating tensions with china, a krieshl export market haan sent soy futures to its ten-year low and cold, wet weather in the midwest including historic flooding in some places hasayed farmers' abilities to plant crops and that's teighed on the demand for deere and underweigh ahead of today's results. >> they have to now actually underproduce retail in the back half y of ther because their dealers have too much inventory and they have no i vis

deere is not unique in this.or theirower demand products over the years the trade talks will not go well. deere is the biggest flagship for this kind of thing, so it is getting hit as it finally acknowledges after months of being optimistic that may be optimism was misplaced. scarlet: a couple of weeks ago, agco had given a pretty good outlook, raised its guidance. that led people to think deere would do something similar, because it is bigger. it is stunning how quickly things have turned, just on the ratcheting up of trade concerns, which still could turnaround any day. it is the demand picture that is really of concern. tina: there were three reasons that deere gave the downgrade and the need to curb production. the trade talks, the demand for soybeans, and always the weather. the weather is usually the most important thing that farmers care about. if you are looking at deere, what they are citing his north american demand, the u.s. and canada specifically and large agriculture in particular. these are general

john deere you know it's a tractor that all farmers have used for 100 years in america and you always think of the small farmer out there farming that corn and wheat free when bringing it to the market and that's the way you get to eat and this is the backbone of the heartland of america well john deere figured a way to use copyright the carp the right cartels to basically introduce software to their other previously mechanical devices the tractor so now we have situations where by they don't allow farmers to have their software repaired on the tractor anywhere else but a john deere location so you know they'll often find themselves in a situation where the software has gone haywire in the middle of harvest season and they're supposed to book an appointment try to find a local john deere location bring the tractor there and stop you know harvesting so they've been hacking them basically they've been going online find new ways and dark net forums to hack these devices in order to fix this so they can harvest you know their crops and yet they're tenant farmers they're finding out right

their crops and yet they're tenant farmers they're finding out right the john deere tractor featured i believe in ronald reagan's election commercials is a symbol of american sovereignty individual sovereignty and a symbol of self-reliance. so what you're talking about is that we lose our self-reliance and they cut to the heart and cuts out the heart of what's i guess called american existentialism with the works of the row and others who believe that self-reliance was an american trait walt whitman also this is cut really hard and dental is the transcendentalism thank you it really rips the heart out of the american psyche and it's done so purely for evil evil purposes well it's it's the casino gulag casino does not want you to leave. without losing big time and then they want to take every single penny you have to your name before you leave that's the only way the house always wins so here this is the same can't be self reliant because you can never escape the nickel and dime ing by the software that rules your life because you're a tenant farmer now in this you know software ai dy

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nothing runs like a deere™.h us. ♪ test drive a gator™ xuv835 at your john deere dealer today. lauren: europeans looking for new ways forward, europe's traditional centrist coalition losing the majority in the parliamentary elections. christopher swift is a national security attorney. good morning. >> good morning. it's good to be with you. lauren: we're seeing these fringe parties making gains, clearly europeans want change. what does this mean for the european union going forward? >> well, it means that it's going to be harder to develop a consensus across countries and parties. whenever you have a movement from the center to the fringes, it makes it harder for people to get together and solve problems. lauren: if you speak specifically about what went on in the u.k., it's interesting, because they weren't even supposed to be in the e.u. for these elections but brexit was he delayed until the end of october. >> that's right. lauren: what do you think happens there? >> well, you've got a fundamental breakdown o

deere highlighting that today. >> you look at a company like deere, caterpillar and some other big multinationalng lower is, yes, there is the china trade stuff and the fact we're seeing all this weakness in commodity prices in agriculture, but also, and i'm not sure we have been talking about it now what has been devastating catastrophic weather in the middle of the country that has been affecting so many farmers and so many industrial companies. >> yeah, so a little bit of a give up trade after weakness, even before this in deere. >> yeah. still, the company is expecting to increase revenue, increase equipment sales 5% this year just not as strong as previously. >> not too bad keep looking stock we'll see. >> mike santoli, thank you >> back over to you. >> morgan, thanks. when we come back, facebook under fire could a breakup happen julia boorstin will sit down with chief operating officer sheryl sandberg with the dow taking another leg up here, now down 53 points we're back after a break rodney: when i think about what makes quality public education, i think about the important people in stud

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they worked to get the newborn deer through the drain's opening. mommy deer was hanging out nearby. police made sure she wasn't going to abandon her baby. she did not, but a wildlife officer was on hand just in case. mommy and baby are doing good. >> nice work. where's that again? >> pacifica. they were just learning to walk, and bloop. i fell in. >> those storm drains are pretty big, too. >> good thing it wasn't raining. >> exactly. that would be bad. our forecast does show the possibility of spotty showers once we hit thursday night into friday. trace amounts to five hundreth of an inch. we drop down as we move through next week's forecast. >> keep that mother's day sunny. >>> lester holt is next with nightly news. >> bye, folks. >>> breaking news tonight, scenes of shear horror and heroism emerging from inside that school in colorado where police say two students opened fire on their classmates. >> the next thing i know he's pulling gun on all of us, telling us not to move. >> it could have been much worse if not for a young man days from graduating and preparing to enter the mar

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-- sold. $8,000. '58 john deere 730 diesel -- sold. $20,000.e. >> tractors are pretty valuable, both emotionally and financially. >> the family's dedication to dave hawkins' memory pays off. the auction nets around $400,000 for his heirs. i guess you could say dave is still taking care of his family. >> i had one child still in college, and my oldest child had graduated from college. and so, i was very excited to be able to use that money to help them with their college debt. >> dave, who hated debt, would be proud. oh, my goodness. but it could have been a lot more. if you add up the value of the 23 tractors that stay in the hawkins family, it comes to more than $180,000. still, there are a few tears as 100-plus tractors are trucked away to collectors around the country and beyond. >> it was kind of a bittersweet deal. there was a couple that i would have liked to have kept. >> i just feel bad for alex going out to all the empty sheds. >> but alex hopes the sheds won't be empty forever. >> as i get older and get my own collection going, maybe

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nothing runs like a deere™.ith us. ♪ test drive a gator™ xuv835 at your john deere dealer today. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. trump is in a china shop when it comes to trade. negotiations before they even start. white house is vowing to raise harris for $200 billion from 10% to 25% if patient did not agree to previous negotiated concession. they applauded by men other than action. >> bottom line, china will take advantage of us, decade in-and-out unless we are strong with them. that's what we have to do. it will help america in the long run. >> will it make america great again? >> confid

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nothing runs like a deere™.h us. ♪ test drive a gator™ xuv835 at your john deere dealer today. has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today. gerry: joining me now to discuss the economy in general and madame t20 and the pulitzer prize-winning journalist from the "wall street journal" congratulations. let me start with this question of inflation. but yet inflation seems to be subdued. what is going on echo christine t20. it is really mysterious there are three or four things going on here there are demographics like the asian populatio

next stock is deere. pete najarian, trade it or fade it >> i traded it to guy adami. >> i banned trade so pete shall answer >> all right at this point in the game when i look at deere, actually, look at where it just came from. look at what the stock has done over the last period and call it the net last year and i don't think it's fallen back enough andy think you have to fade this stock because there's plenty of downside >> this was going to be, and he traded to me >> fade it fade it! fade it! deteriorating, and last quarter was not particularly good and i think you'll see analysts cut numbers impeach i think this trade is 150 before it trades significantly. >> you know that you said major double top and i think it's due for a bounce, i would trade it >> wow >> i'm glad we have one because i'm a fader here, too. if you look at it with multiple times and this is not an indictment of the global economy and you can not like steel and deere in the same sentence, so i am fading john deere >> micron down 8%,

nothing runs like a deere™.ith us. ♪ test drive a gator™ xuv835 at your john deere dealer today. 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) the day we'll finally get something done. a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fast. gerry: more now from interview earlier this week from christine the guard. as the rules no longer seem to apply as a shift occurred? . >> it is certainly one that is beginning t

nothing runs like a deere™.ator™ xuv835 at your john deere dealer today. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. kennedy: on this day in 1539, exploresser desoto landed in florida, his face was eaten by people who just had bath salts, typical florida behavior, topic one. california, you never know who might pop up at gas station. >> i see you. yeah, you. what are you doing. kennedy: nothing! just snacking and looking for recyclables. hunting forke food for a shell station, he it not stay long, last thing that anyone wants to do is pay full price for coors and funnions. break nasbreakfast. bear enco

. —— deer. saving it from drowning.saw a tail sticking out of the water. when he realised it was a deer, hejumped in to rescue it. we hope to be talking to rescue it. we hope to be talking to him in the next few minutes and he can tell us more about the remarkable story. th remarkable story. sport now and a full round—up from the bbc sport centre. no guesses where you are starting. it isa no guesses where you are starting. it is a busy week. let's start with the europa league — just a few hours to go before chelsea and arsenal meet in the bfinal of the europa league, the first all—english final in the competition for 47 years. olly foster is in baku for us. olly, we've been hearing a lot about missing fans over the last couple of days — can you confirm that the atmosphere is building over there? —ish. we saw pockets of chelsea and arsenalfans —ish. we saw pockets of chelsea and arsenal fans last night. a lot of arsenal fans last night. a lot of arsenal and chelsea shirt which does not necessarily mean those supporters,

we are not going to hit the deer, either. don't worry about the deer.e definitely don't want to be the deer. we said let's go research where else we would build our products. we landed on mexico. through our research, we learned there were financial benefits, logistical benefits to doing so anyway, regardless of tariffs or no tariffs, so whether or not the tariff threat to our product category becomes real, we are happy to be moving our u.s.-bound production to mexico. emily: you invited me here to speak about my book, which is called "brotopia" and is about the challenges women face in technology, and your team was up front about their own cultural issues they were trying to work through. all of this was happening as you were trying to turn the company around. talk to me about how you worked through those cultural issues inside your own company. nick: i was fortunate that since the founding days of gopro, i have had some powerful women in the business. my wife, she is employee number three, and my two sisters, and they were pretty vocal in the early da

they put out a warning just to raise awareness.>> young adults are coming out on their own also deereginning to give birth so it's a natural food source for mountain lions, so they're all out and about and we have beautiful weather now so we are out and about more.>> reporter: while more people have been capturing them on camera the chance of a human encounter is still pretty rare but if you do see one don't run, back away slowly.>> make noise, put your arms up and look big.>> reporter: those using the trails say they are not worried, they have received alerts like this before.>> when i come here with my kids they are excited to look for one. just go about your business and get out of their way. they're not going to do anything with humans.>> reporter: while it is still wise to use caution while hiking hidden villa is planning to reopen all the trails for the weekend. >>> 10 california sea lions have been killed along the oregon washington state line to protect endangered fish. millions of dollars have been spent to try to protect salmon and seal species. new federal guidelines allow

including as it relates to john deere. what are you hearing?porter: yeah, we're here in dubuque just outside of a plant where there's 2,500 workers here at this john deere operation that builds the likes of tractors and combines and dubuque, kristen, is an intersection of where you have manufacturing but also got ag. we were out with a couple farmers yesterday. the concern for john deere is the fact that farmers aren't buying major pieces of equipment. you're talking about combines that cost $600,000. tractors that the cost several hundred thousand dollars. the farmers we talked to, they told us they're not buying right now because they don't have enough cash flow. because of the china trade war that is taking place. they're not able to sell their beans and as a result, it's places like john deere where just this morning, their ceo, upon announcing their earnings, put out a statement saying in part, "ongoing concerns about export market access, near-term demand for commodities such as soybeans and delayed planting season in much of north americ

nothing runs like a deere™.ve a gator™ xuv835 at your john deere dealer today. lauren: the federal reserve leaving the benchmark interest rate unchanged but it didn't drop any hints about a rate cut. that disappointed some investors. where do we go from here? we bring in john hoenig. >> it's up to the data. that's been the federal reserve's mode of operation for several months, federal reserves outlining you could say a goal goldilocks situation. they don't see a rate hike or cut in the near future. strong economy and inflation below where the fed would want it to be. lauren: is this an opportunity for late game investors looking for one big rally perhaps. >> we're long in the tooth when it comes to the length of a lot of these historical expansions. look at the internals of the market yesterday. we saw the market sell off yesterday. the internals very positive, only 80 new 52 week lows. no matter what you think of the market fundamentals, the bull market remains. lauren: the major averages near record high ass

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on a john deere z500 series mower. built to mow better, faster.etimes... when you take a look around... you notice... your grass is long... your time is short... and there's no turning back. ♪ ♪ nothing runs like a deere™. run with us. visit your john deere dealer today, to test drive a z500 or z700 series ztrak™ mower. it's a revolution in sleep. the sleep number 360 smart bed is on sale now during our memorial day sale. it senses your movement, and automatically adjusts to keep you both comfortable. it even helps with this. so you wake up ready to hit the ground running. only at a sleep number store. during the memorial day sale, save $1000 on the new queen sleep number 360 special edition smart bed, now only $1,799. only for a limited time. sleep number. proven, quality sleep. this year, ancestry isn't celebrating mother's day. we're celebrating colleen's day. julia's day. marie's day. and all the one-of-a-kind women we call "mom." ancestrydna tells a story as unique as she is... ...with an engaging new experience that can help her uncover rich

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nothing runs like a deere™.deere dealer today. sleep number60 smart bed. it senses your movement and automatically adjusts to keep you both comfortable. save $1,000 on the new queen sleep number 360 special edition smart bed, only $1,799. only for a limited time. kennedy: esfpn has been diving to conversation of politics. network that made its name are in nightly sports highlights has not benefited from nightly soapbox, jimmy said, without question our data tells us our fans do not want us to cover politics, i really believe some of our talent was confused on what was expected of home, fast today to today i don't think they are confused. herwhy did it take so long to figure it out. to discuss it, howard kurtz welcome back. >> hey. kennedy: it was obvious. >> you didn't need to look at data for this. i have said for years, that espin got way too political, and left wing bastion at that, people want to watch sports, they want relief from chaos of politics, you have now deported of sports jamaal hill, call presiden

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nothing runs like a deere™.ith us. ♪ test drive a gator™ xuv835 at your john deere dealer today. >> the world is ripping us off and i stopped it. in the process of stopping it now we are negotiating with china, japan, all of these countries that have just ripped off our country for years and years. 60 billion with japan, $500 billion with china. i put tariffs on china, they are paying is billions and billions of dollars. trish: and they may soon be paying us billions of dollars more! as we approach the final trade talks with china. it is all set to begin less than 48 hours. it is all happening as president trump threatens to raise their tariffs in a very big way. by midnight on friday, 25 percent.take that, china! red china expert and author of the coming collapse of china, gordon chang. it is good to see you.so may people get nervous, they say this will be really hard on the economy, the market reaction today, yesterday was a little dicey as well. although we ended down just slightly. they are worried, sir, tha

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nothing runs like a deere™.us. ♪ test drive a gator™ xuv835 at your john deere dealer today. paul: the united states increased tariffs on $200 billion in chinese goods friday as president trump ratcheted up pressure on beijing. the increase from 10% to 25% went into effect as the two sides struggle to get the talks back on track. the trump administration accused beijing of reneging on commitments it made in earlier negotiations. michaemichael pillsbury is the r of the book regarding chinese's strategy to replace america as the global super power. good to have you with us. the president and secretary mnuchin said the talks were constructive. it looks to me like there's a big impasse here. how do you read it? >> i agree, the word impasse is the correct word to use. you can also use the term breathing period that the chinese seem to rethink their position to get out of this mess from china's point of view. they've got to undo the reneging if that's a phrase. >>> they've got to close the deal. mnuchin was talking ab

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or deer and company have gone down in the past couple of weeks we're going to bring you up a chart just so you can see what that actually looks like and it's quite frightening i mean this company the star filled more a more than 20 percent below the 52 week high which there was this april the stock was at over 169 bucks then a dip down to 135 a couple of fridays ago now to cover slightly hovering around $139.00 now john deere says this is due to the leading trade war between the u.s. and china if u.s. farm goods are not being bought by china. obviously u.s. farmers don't have money to buy the equipment that they need or to upgrade their equipment total trumpet and tweeted a while back and said you know what just buy more american if americans buy americans you don't have to worry about the tariffs well it's hard to buy american when you don't have money in your pocket specially when these goods are not being sold simply because the farmers don't have money and also on the other side of things these goods have gone up in price from jordan deer to manufacture their tractors and cetera the

nothing runs like a deere™.st drive a gator™ xuv835 at your john deere dealer today. after my ...i wondered,... is another one around the corner. or could it be different than i thought? i wanted to help protect myself. my doctor recommended eliquis. eliquis is proven to treat and help prevent another dvt or pe blood clot... almost 98 percent of patients on eliquis didn't experience another. ...and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless your doctor tells you to. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. if you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. while taking eliquis, you may bruise more easily... and it may take longer than usual for bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliqu

nothing runs like a deere™.ith us. ♪ test drive a gator™ xuv835 at your john deere dealer today. maria: we are continuing to learn more about the lack of probable cause behind the fbi's probe into the trump campaign and the 2016 election year and we now know it was this man, joseph mifsud, who fed george papadopoulos information about russians having hillary clinton 's e-mails. that claim george papadopoulos repeated was the predicate apparently for the fbi launching a counter intelligence probe into donald trump's campaign and mifsud is cited throughout the mueller report and has long been suspected of having deep ties to russian intelligence according to robert mueller. last friday the ranking member of the house intel committee devon nunes isn't this letter to the heads of the fbi, cia and the state department demanding documents on mifsud and his links to moscow. he is raising questions about that. common nunes joins me right now in an exclusive interview from the world ag expo and it is good to see you cong

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