This week on Market Journal–¦
Corn Harvest Dust – Harvest is underway in Nebraska. However, some farmers are noticing a black, soot-like dust as they combine corn. Tamra Jackson-Ziems, UNL Extension plant pathologist, explains the reason.
Grain Markets – Roy Smith, farmer and grain marketing consultant from Plattsmouth, Neb., updates us on progress around Plattsmouth. Roy also gives his thoughts on basis price, marketing the current crop, and the potential for a large soybean output from South America.
Net Farm Income Forecast – The USDA is forecasting 2012 net farm income at $122.2 billion. That would be a 3.7% increase from a year ago. Tina Barrett, Nebraska Farm Business, Inc., talks about how drought relates to the projected income.
Drought Decision Making – Matt Stockton, UNL Extension agricultural economist, says farmers have had to make difficult decisions to survive the drought. He also says more tough decisions will need to be made regarding feeding high priced grain and forages.
Maximizing Soybean Yield – Greg Kruger, UNL Extension cropping systems specialist, talks about research in maximizing soybean yield and increasing efficiency of pesticides.
Irrigation Proposal – In May, the Central Platte and Twin Platte Natural Resources Districts proposed a plan to increase Platte River flows by substituting irrigation wells for irrigation water from Lake McConaughy. Dave Aiken, UNL Extension agriculture and water law specialist, discusses the plan.
Weather Update – Al Dutcher, UNL Extension state climatologist, forecasts the coming week.