This week on Market Journal–¦
Grain Markets – This week the USDA projected an average corn yield of 146 bushels per acre and an average soybean yield of 40.5 bushels per acre. Roy Smith, farmer and grain marketing consultant from Plattsmouth, looks at projections and compares this year–s drought to past years.
Tax Options – Tina Barrett from Nebraska Farm Business says producers making sales due to drought may be able to defer that income.
Trade in BRIC Countries – Brazil, Russia, India and China accounted for over a quarter of the world–s growth in gross domestic product from 2000 to 2010, according to Goldmann Sachs. Jason Henderson, Federal Reserve Bank of Kansas City, explains the trade stages in those countries and how the U.S. is affected.
Foliar Fungicide Application – UNL Extension plant pathologist Loren Giesler says now is a good time to look at foliar fungicide applications in soybeans. Giesler also says producers may see an added benefit after application.
Limited Irrigation Research – UNL Extension soil scientist Gary Hergert is conducting research of the growth of forages with limited irrigation. Hergert shows the differences from his test plot in Scottsbluff.
Weather Outlook – Al Dutcher, UNL Extension state climatologist, says temperatures will again reach triple digits in the coming week.