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Current Program
 
Market Journal (program no. 294) (Entire program : 30:00)
This week on Market Journal, Mike Briggs gives his analysis of the cattle markets. Bob Wright discusses the use of pesticides in light of higher commodity prices, and Lowell Sandell updates us on the weed situation with the wet, cool spring.

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      Ag News (Length : 1:54)
--The passage of the farm bill depends on a congressional override of the president’s veto. The most contentious issue for the administration continues to be payment limitations. Seventy-four percent of the bill’s funding goes to nutrition programs, 16 percent for commodities, crop insurance and disaster programs; and the remaining 10 percent is primarily for conservation.
--Fingers are often pointed at livestock agriculture for producing greenhouse gases. A consortium of Australian and New Zealand scientists are working on a variety of grass that cuts the level of methane given off by cattle.
--Carbon farming is emerging as a revenue source for farmers who conserve soil and keep residue on their fields. In the May Nebraska Farmer, Jim Miller of Belden describes his experiences storing carbon in his no-till fields.

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      Cattle prices may hold through summer (Length : 4:51)
Consumer demand for beef remains strong says Mike Briggs, Seward feedlot owner. Briggs says placements are down so he expects prices to hold during the summer.

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      Assess winter annual weeds now (Length : 3:11)
Lowell Sandell, University of Nebraska-Lincoln extension weed science educator, suggests assessing where you had problems with winter annual weeds this spring. Sandell says develop a plan for a fall herbicide or early spring herbicide application.

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      2007 Ag Income up (Length : 8:04)
The average net farm income for Nebraska Farm Business clients was about $200,000 in 2007. Tina Barrett, director of the Nebraska Farm Business, Inc. says the average net worth is about $1.3 million. An eight percent return on equity would take about half the net farm income, leaving the remainder for a return on labor and management says Barrett. Irrigated corn production costs increased 18 percent per bushel in 2007.

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      Crop prices determine when to use pesticides (Length : 3:00)
Lower pesticide thresholds may be warranted with higher commodity prices according to Bob Wright, University of Nebraska-Lincoln extension entomologist. Wright says to weigh the costs and benefits carefully.

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      Weather – nice (Length : 3:05)
The weather this week is boring to Al Dutcher, University of Nebraska-Lincoln extension state climatologist. However, Dutcher says, if you are planting, you’ll like it for the next week.

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      Journal Entries/Program Wrap (Length : 1:21)
Market Journal host Doug Jose summarizes the main points made during this edition of the program.

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Upcoming Program
 
Market Journal (porgram no. 295) (May. 23, 2008)
Next week on Market Journal, Paul Burgener will join us for his analysis of the wheat market. We will get insights into European agriculture from the chairman of the European parliament’s agriculture committee.

 

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