Market Journal – November 15, 2013
This week on Market Journal–¦
Market Analysis – The USDA–s November crop report estimated the 2013 U.S. corn harvest to be a new record at nearly 14 billion bushels. Soybean production was forecast at about 3.26 billion bushels, which would be the third largest on record. Steve Koontz, Extension economist, Department of Agricultural & Resource Economics, Colorado State University, weighs the upside and downside potential in corn and soybean markets.
Ethanol Coverage – Todd Neeley, DTN staff reporter, joins us to discuss the Associated Press coverage on U.S. ethanol production. Todd also talks about potential RFS changes and the future for the ethanol industry.
Fall Nitrogen Application – Charles Shapiro, UNL Extension soil scientist, talks about why spring nitrogen application might be more efficient than fall application. More information on nitrogen fertilizer application in Nebraska can be found here.
Crop Insurance Changes – The Farm Bill conference continues in Washington, D.C. Brad Lubben, UNL Extension public policy specialist, outlines how crop insurance could change under a new deal. Brad also looks at the Conservation Reserve Program.
Omaha Ag Outlook – The Omaha Ag Outlook will take place December 6 and 7 in Omaha. Brad Lubben, UNL Extension public policy specialist, discusses how attendees can benefit from the event. Registration information is available here.
Weather Forecast – Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.