WEBVTT 1 00:00:00.000 --> 00:00:09.843 >> HERE'S WHAT'S MAKING NEWS AROUND INDIANA. A NEW REPORT CONFIRMS INDIANA FARMERS' WORST FEARS AS THEY'VE 2 00:00:09.843 --> 00:00:12.579 BEEN FIGHTING THROUGH A VERY TOUGH SEASON AFTER UNRELENTING SPRING RAINS AND PERIODS OF EXTREMELY DRY WEATHER. 3 00:00:12.579 --> 00:00:18.385 THE IOWA-BASED PRO FARMER GRAIN MARKETING NEWSLETTER RECENTLY SURVEYED THE STATE'S CORN AND SOYBEAN CROPS AND CALLS THE 4 00:00:18.385 --> 00:00:25.425 SITUATION "AT THE BOTTOM OF THE WORST EVER." UNDER SECRETARY OF AGRICULTURE FOR TRADE AND FOREIGN 5 00:00:25.425 --> 00:00:30.730 AGRICULTURAL AFFAIRS TED MCKINNEY STOPPED BY OUR STUDIOS THIS WEEK AND SAYS THERE ARE ADDITIONAL FACTORS MAKING 2019 A 6 00:00:30.730 --> 00:00:37.370 VERY TOUGH YEAR FOR MANY HOOSIER FARMERS. >> WELL, THERE'S A NUMBER OF FACTORS IN THAT AND MANY PEOPLE 7 00:00:37.370 --> 00:00:42.842 OUT THERE IN YOUR AUDIENCE DON'T UNDERSTAND THAT FARMERS ARE PRICE TAKERS. YES, THEY HAVE MARKETING 8 00:00:42.842 --> 00:00:50.350 TECHNIQUES BUT THEY CAN'T GO SET THEIR PRICE AND RAISE IT WHEN TIMES ARE TOUGH. THEY ARE PRICE TAKERS. 9 00:00:50.350 --> 00:00:57.123 SO, THERE'S A NUMBER OF THINGS THAT ARE CONTRIBUTORS. SOME OF IT'S CYCLICAL, IT'S JUST PLAIN CYCLICAL ALTHOUGH THIS IS 10 00:00:57.123 --> 00:01:03.463 AN EXTENDED EXTENSION OF THE CYCLE. CLEARLY, LOUSY WEATHER IN DIFFERENT PARTS OF THE US THIS 11 00:01:03.463 --> 00:01:09.402 YEAR IN INDIANA IN PARTICULAR IS TOUGH. THE TRADE DISPUTES NO DOUBT ARE A CONTRIBUTOR TO THAT. 12 00:01:09.402 --> 00:01:16.075 AND, AND, AND, AND FRANKLY, JUST MANY OTHER THINGS. SO, WE'RE HOPING THAT'S WHY WE CONTINUE TO FOCUS EVERY DAY. 13 00:01:16.075 --> 00:01:23.716 THAT'S WHY I'M ABOUT 300,000 MILES, AIR MILES INTO THIS JOB OF OPENING UP NEW MARKETS AND NOT JUST FOCUSING ON THE BIG 14 00:01:23.716 --> 00:01:32.659 MARKETS BUT THE SMALLER ONES. IF WE CAN'T GET THAT DONE, WE'RE IN TROUBLE WITH OUR FARMERS AND THAT IS NOT WHAT WE WANT BECAUSE 15 00:01:32.659 --> 00:01:41.801 THEY ARE PRODUCING, WE WANT TO SELL WHAT THEY PRODUCE. >> MCKINNEY HAS BEEN IN AND AROUND AGRICULTURE FOR MUCH OF 16 00:01:41.801 --> 00:01:44.437 HIS LIFE, AND SERVED AS INDIANA STATE DEPARTMENT OF AGRICULTURE DIRECTOR FROM 2014 TO 2017. IF YOU'D LIKE TO HEAR HIS WHOLE 17 00:01:44.437 --> 00:01:57.417 TAKE ON THE STATE OF AGRICULTURE IN PARTICULAR THE U.S. MEXICO CANADA TRADE AGREEMENT, GO TO INSIDEINDIANABUSINESS.COM. 18 00:01:57.417 --> 00:02:01.621 NASCAR FANS ARE GEARING UP FOR THE 26TH RUNNING OF THE BRICKYARD 400 NEXT WEEKEND. THE BIG MACHINE VODKA 400 AT THE 19 00:02:01.621 --> 00:02:06.960 BRICKYARD POWERED BY FLORIDA GEORGIA LINE WILL SET THE STAGE FOR THE PLAYOFFS AND SERVES AS THE CROWNING EVENT FOR NASCAR'S 20 00:02:06.960 --> 00:02:14.300 REGULAR SEASON CHAMPIONSHIP. INDIANAPOLIS MOTOR SPEEDWAY PRESIDENT DOUG BOLES IS HERE WITH MORE ON HOW ATTENDANCE 21 00:02:14.300 --> 00:02:20.106 REMAINS A TOP ISSUE, A CHALLENGE, BUT ALSO TALK ABOUT HOW IMPORTANT THE RACE IS FOR INDIANAPOLIS. 22 00:02:20.106 --> 00:02:24.477 DOUG, AS ALWAYS WELCOME TO THE PROGRAM. WE'LL TALK ABOUT THAT ATTENDANCE ISSUE FOR A MOMENT BUT DESPITE 23 00:02:24.477 --> 00:02:30.416 THOSE CHALLENGES, THERE'S NO QUESTION, THIS RACE, THE BRICKYARD 400, REMAINS IMPORTANT FOR NBC, FOR NASCAR, AND FOR 24 00:02:30.416 --> 00:02:35.788 INDIANAPOLIS. >> YEAH, IT'S REALLY IMPORTANT TO INDIANAPOLIS MOTOR SPEEDWAY BUT CERTAINLY FOR OUR COMMUNITY. 25 00:02:35.788 --> 00:02:43.796 IT IS -- MORE PEOPLE ATTEND THE BRICKYARD 400 THAN ATTEND AN NFL FOOTBALL GAME. YOU PUT 75,000 PLUS PEOPLE IN 26 00:02:43.796 --> 00:02:49.536 THE VENUE, IT KIND OF LOOKS EMPTY AND PEOPLE GIVE US A HARD TIME ABOUT IT. IT'S STILL A HUGE CROWD, IT IS 27 00:02:49.536 --> 00:02:56.376 IMPORTANT, THE BRICKYARD 400 IS IMPORTANT. HOTELS, MOTELS, THE TAXES WE COLLECT TO HELP FUND A LOT OF 28 00:02:56.376 --> 00:03:02.248 THINGS DOWNTOWN, IT IS IMPORTANT FOR THIS COMMUNITY. >> TALK ABOUT YOU AND OTHERS AT THE SPEEDWAY AND ELSEWHERE HAVE 29 00:03:02.248 --> 00:03:06.219 BEEN ADDRESSING THIS ATTENDANCE ISSUE, GETTING MORE PEOPLE OUT THERE. WHAT ARE SOME OF THE THINGS 30 00:03:06.219 --> 00:03:12.025 YOU'RE LOOKING AT DOING? >> ONE OF THE THINGS WE'VE REALLY FOCUSED ON, WE'VE MOVED TO SEPTEMBER, WHICH NEXT YEAR 31 00:03:12.025 --> 00:03:17.196 WE'RE OBVIOUSLY MOVING BACK TO JULY FOR ANOTHER REASON BUT WE MOVED TO SEPTEMBER TO GET FOLKS OUT OF THE HEAT. 32 00:03:17.196 --> 00:03:21.734 WEATHER SO FAR LOOKS LIKE IT'S GOING TO BE REALLY, REALLY STRONG. WE ADDED A DIRT TRACK RACE AS A 33 00:03:21.734 --> 00:03:29.175 WAY TO CONNECT TO SHORT TRACK FOLKS, THE FGL FEST AND MUSIC IS REALLY IMPORTANT, WE FOUND THAT TO BE REALLY SUCCESSFUL IN MAY 34 00:03:29.175 --> 00:03:35.348 AND THINK IT WILL BE REALLY SUCCESSFUL AROUND THE BRICKYARD AND EVEN NEXT YEAR AS WE CHANGE DATES SO THOSE ARE SOME OF THE 35 00:03:35.348 --> 00:03:40.720 THINGS. THE OTHER THING, JUST TRYING TO RECONNECT WITH THE COMMUNITY, HOW IMPORTANT IT IS TO HAVE THE 36 00:03:40.720 --> 00:03:47.527 BRICKYARD HERE. IF YOU'VE BEEN FLYING IN THE LAST FEW WEEKS AND COME HOME, YOU'VE SEEN THE BRICKYARD, ALL 37 00:03:47.527 --> 00:03:51.664 THE IMAGERY THERE JUST BECAUSE WE WANT PEOPLE TO REMEMBER THAT EVEN IF YOU DON'T COME TO THE BRICKYARD, WE WANT YOU TO BE 38 00:03:51.664 --> 00:03:57.437 PROUD THAT THE INDIANAPOLIS MOTOR SPEEDWAY HOSTS EVENTS LIKE THIS. >> YOU MENTIONED THE DIRT TRACK 39 00:03:57.437 --> 00:04:02.542 RACE REALLY CONNECTS WITH THE ROOTS OF RACING IN INDIANAPOLIS, AND IT WAS VERY POPULAR. >> ABSOLUTELY. 40 00:04:02.542 --> 00:04:07.146 LAST YEAR THE FIRST YEAR, SOLD IT OUT. IT WAS FANTASTIC. THE SHORT TRACK RACING 41 00:04:07.146 --> 00:04:12.285 ESPECIALLY IN THE MIDWEST AND INDIANA IS THE HEART AND SOUL OF MOTOR SPORT. THERE ARE SO MANY PEOPLE THAT GO 42 00:04:12.285 --> 00:04:20.059 TO THEIR LOCAL SATURDAY NIGHT TRACH AND THEY LOVE TO SEE AN OPPORTUNITY TO SEE THAT LOCAL STAR TO GET A CHANCE TO RACE AT 43 00:04:20.059 --> 00:04:29.502 THE INDIANAPOLIS MOTOR SPEEDWAY. MIDGE ET RACING, WE'RE GOING TO HAVE PRETTY CLOSE TO THE SAME NUMBER THIS YEAR. 44 00:04:29.502 --> 00:04:35.908 IT BRINGS EVERYBODY WHO'S ANYBODY IN THIS WORLD TAKES A CHANCE AT RUNNING THAT MIDGET RACE AT THE SPEEDWAYMENT 45 00:04:35.908 --> 00:04:39.979 >> AT WE TALK ABOUT THE IMPORE OF THIS RACE TO THE DRIVERS WHO ARE THERE. 46 00:04:39.979 --> 00:04:43.449 WE ALL KNOW HOW SPECIAL THE SPEEDWAY IS. THESE DRIVERS REALLY WANT TO WIN THIS RACE. 47 00:04:43.449 --> 00:04:49.222 >> YOU KNOW, ONE OF THE THINGS WE HEAR AN AWFUL LOT IS, CAN YOU MOVE THE BRICKYARD TO OUR ROAD COURSE. 48 00:04:49.222 --> 00:04:56.729 AND YOU PROBABLY COULD BUT THE DRIVERS LOVE SO MUCH WINNING ON THE OVAL, THE OVAL A.J. FOYT WON FOUR TIMES ON THERE, THERE'S 49 00:04:56.729 --> 00:05:02.468 SOME HISTORY AND TRADITION. WITH THE EXCEPTION OF THE DAYTONA 500, THERE'S NOTHING LIKE WINNING AT THE INDIANAPOLIS 50 00:05:02.468 --> 00:05:07.774 MOTOR SPEEDWAY FOR THOSE DRIVERS. THEY WANT TO WIN THERE, IT MEANS AN AWFUL LOT SO THE PRESTIGE OF 51 00:05:07.774 --> 00:05:12.311 THE SPEEDWAY FOR THE DRIVERS IS ABSOLUTELY THERE. >> FROM A STRATEGIC STANDPOINT, YOU CONTINUE TO LOOK AT 52 00:05:12.311 --> 00:05:17.483 DIFFERENT THINGS. YOU MENTIONED NEXT YEAR THE RACE WILL MOVE TO JULY 4 WEEKEND. >> THAT GETS US BACK IN THE 53 00:05:17.483 --> 00:05:22.755 HEAT, WHICH HAS BEEN ONE OF THE STRUGGLES AND THINGS WE HEARD FROM FANS, BUT AS WE STEPPED BACK AND REALLY LOOKED AT IT, 54 00:05:22.755 --> 00:05:28.394 THE OPPORTUNITY FOR THE INDIANAPOLIS MARKET AND THE INDIANAPOLIS MOTOR SPEEDWAY TO OWN THE TWO BIGGEST SUMMER 55 00:05:28.394 --> 00:05:33.833 WEEKENDS, MEMORIAL DAY WEEKEND AND ROLL IT RIGHT INTO INDEPENDENCE DAY WEEKEND FITS AN AWFUL LOT WITH OUR BRAND, IT 56 00:05:33.833 --> 00:05:38.771 CERTAINLY FITS WITH THE WAY THE BRAND OF INDIANAPOLIS AND INDIANA, WE CELEBRATE THOSE MEN AND WOMEN WHO'VE SERVED, SO TO 57 00:05:38.771 --> 00:05:45.445 BE ABLE TO TAKE PRIDE IN BEING AN AMERICAN, CELEBRATING INDEPENDENCE WEEKEND, WE'RING GE GOING TO BUILD A LOT OF THINGS 58 00:05:45.445 --> 00:05:54.987 AROUND THAT WEEKEND, NEXT YEAR AS WE KICK OFF THE 200TH ANNIVERSARY OF THE CITY, SO A LOT OF GOOD THINGS AROUND 59 00:05:54.987 --> 00:05:55.988 JULY 4TH, WE THINK.