Market Journal – November 1, 2013


Market Analysis – The latest USDA Crop Progress Report shows U.S. farmers have harvested 77% of their soybeans and 59% their of corn. Roy Smith, farmer and grain marketing consultant from Plattsmouth, Nebraska, talks about the upcoming November Crop Report, the dead cat bounce in soybeans, and basis numbers in his area of the state.

Rural Midwest Economy – This month's Rural Mainstreet Index rose for the first time since June. Ernie Goss, Jack A. MacAllister Chair in Regional Economics, professor of economics, Creighton University, discusses the survey.

Winter Wheat Update – Nebraska's winter wheat is rated 72% good-to-excellent with 94% of the crop emerged. Stephen Wegulo, UNL Extension plant pathologist, gives an overview of the current growing conditions and the possible disease outlook for Nebraska's winter wheat.

China's Ag Demand – A recent UNL Cornhusker Economics article details how China's changing diet towards higher meat consumption has helped U.S. corn and soybean production. But the report also points out more natural resources will be needed to produce even more output. Azzeddine Azzam, UNL professor of agricultural economics, discusses the recent report. The Cornhusker Economics article can be found here.

Weather Forecast – Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.