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Archived Program Overview - July 04, 2008
 
Market Journal (program no. 301) (Entire program: 30:00)
This week on Market Journal University of Nebraska agricultural economists Darrell Mark and Josie Waterbury discuss a spreadsheet tool they developed to analyze the storage of distillers grains. Stephen Wegulo, UNL extension plant pathologist, discusses the handling of wheat infested by head scab. Gary Zoubek, UNL extension educator explains how using some irrigation management tools can save you big dollars in energy costs. Ron Plain, University of Missouri–Columbia extension marketing specialist analyzes the hog market.

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      Ag News (Length: 1:53)
--The Korean market opened to U.S. beef this week but there were continued protests and refusal by some Korean supermarkets to stock U.S. beef. The value of U.S. meat exports for fiscal 2007 were back to 2003 levels, before the BSE problems.
--Adding uncertainty to the soybean situation globally is Argentina’s grain export tax issues. The country’s lawmakers have several proposals on how to address the soybean export tax plan, which prompted the farmer strikes.
--The Group of 8, or G8, summit meeting in Japan this weekend has food prices on its agenda. Government officials say an official conference statement is likely to call for more investment in agriculture and for countries to release surplus food stocks. This will mark another major gathering of world finance/government officials that will focus on the issue of food prices.
--Ever wonder if the analysis of feeds is consistent between labs? Nebraska alfalfa producers and University of Nebraska forage specialist, Bruce Johnson, have found a significant variation in hay samples analyzed by 10 different forage labs. The results are revealed in the July Nebraska Farmer. Anderson explains the objective of the study was to show how results compared, not to illustrate which labs were right and which were wrong.


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      Hog markets have good and bad news (Length: 5:26)
Sow farrowings are expected to be down three percent in the fourth quarter says Ron Plain. The University of Missouri-Columbia extension marketing specialist says the decrease in farrowings will mostly be offset by a two percent increase in productivity. Plain recommends hedging on the futures market, especially into next year where major premiums are available.


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      Make harvest plans for “scabby wheat” (Length: 2:42)
Combines should have their fan speeds increased when harvesting fields with scab. Stephen Wegulo, University of Nebraska-Lincoln extension plant pathologist says wheat with scab will be docked at the elevators. Wegulo says scabby wheat can be fed to cattle, but not to hogs.


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      Knowing the E.T. and soil moisture saves money (Length: 6:50)
Gary Zoubek, University of Nebraska-Lincoln extension educator says E.T. and soil moisture meters can save from $500 to $1,000 per inch of water pumped. The E.T. gauge costs about $200 and is effective for an area with about a 3-mile radius. A soil moisture monitor costs about $500. Use of the two tools together can save two to three inches of irrigation water per season.


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      New spreadsheet helps determine costs of storing ethanol distillers products (Length: 3:19)
What does it cost to store ethanol co-products? Darrell Mark, University of Nebraska-Lincoln extension marketing specialist along with ag economics graduate student, Josie Waterbury have developed a spreadsheet called STORE. It can be used to calculate the costs of storing ethanol co-products. It is available on the UNL beef Web site at
Beef.unl.edu

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      Weather (Length: 3:06)
It sounds a lot like summer. Al Dutcher, University of Nebraska-Lincoln extension state climatologist says hot temperatures in the 90’s. Anyone for a cold lemonade?


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      Journal Entries/Program Wrap (Length: 1:31)
Market Journal host Doug Jose summarizes the main points made during this edition of the program.


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