Market Journal – December 19, 2014

This week on Market Journal…

Cattle Market Analysis – The USDA says all fresh retail beef climbed to another new high during the month of November. The average price of $5.98 per pound was 3 cents higher than October. Mike Briggs, feedlot manager from Seward, Nebraska, discusses meat demand in 2015, slaughter numbers and the recent slide in cattle markets.

Grain Market Analysis – John Meuret, J.E. Meuret Grain Company, talks about whether or not China's approval of a U.S. corn trait will impact markets. John also analyzes basis in corn and soybeans, crush numbers and China's recent agreement to buy U.S. soybeans.

Improving Soybean Yields – An area of Nebraska is lagging behind in increasing soybean yields relative to those of corn. Nathan Mueller, Nebraska Extension cropping systems educator, explains possible reasons why counties in northeast Nebraska are below the state average.  Nathan's previous conversation about soybean seed selection can be found here.

Crop Insurance – Brad Lubben, Nebraska Extension public policy specialist, explains how the crop insurance portion of the Farm Bill relates to choices in Agricultural Risk Coverage or Price Loss Coverage.

Weather Forecast – Al Dutcher, Nebraska Extension state climatologist, gives his forecast for the coming week.

Next week on Market Journal… Ed Usset, University of Minnesota Extension grain marketing economist, will join us to talk about five common mistakes in grain marketing. Bryce Anderson, DTN senior ag meteorologist, will forecast winter weather conditions in Nebraska.

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