020113

Market Journal –“ February 1, 2013

     Grain Markets –“ Jeff Peterson, Heartland Farm Partners president, examines the upside and downside risk of the soybean market. Jeff recommends a range for locking in protection on old crop soybeans, and a pricing range for 2013 corn.
     Port of New Orleans –“ Janine Moreau Mansour, commercial manager, Port of New Orleans, explains how the Port of New Orleans supplies buyers overseas with U.S. goods.
     Nebraska Land Bubble –“ Record high commodity prices have fueled the real estate market to historic levels. Between the middle of 2011 and the middle of 2012, the USDA says Nebraska farmland recorded a 33 percent increase. That–™s the highest increase of any state in the nation. Bruce Johnson, UNL professor of agricultural economics, talks about whether that means Nebraska farmland has entered a bubble that is about to burst.
     Drought Effects on Cattle Hydration –“ Drought conditions last summer may have dried ponds and creeks, forcing farmers and ranchers to haul water to their cattle. UNL Extension forage specialist Bruce Anderson says it might be a good time to develop more wells or pipelines to reliably put water into tanks.
     Cattle Calving and Grazing –“ In the latest Nebraska Agricultural Statistics Service report, the state–™s cattle and calves rated 75 percent good to excellent with five percent of cows calving since January first. Rick Rasby outlines condition guidelines for cows yet to calve and discusses how cattle producers have benefitted with cows on uncovered stalks. UNL–™s cornstalk grazing Cow-Q-Lator can be found HERE.
     Weather Forecast –“ Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.