Market Journal – September 20, 2013
Grain Market Analysis – Frayne Olson, North Dakota State Extension economist, discusses wheat market influences, this week–s stock market record, and the FSA–s prevented planting acre update.
Livestock Market Analysis – While pig producers have recently been able to carve out narrow profits, cattle feeders are still saddled with losses. Shane Ellis, Iowa State Extension livestock economist, says a large corn crop could help turn those losses around. Shane also analyzes live and feeder cattle market movement and the possibility for hog herd expansion.
Farm Bill Titles – Brad Lubben, UNL Extension public policy specialist, describes the legislation members of the U.S. House of Representatives are set to vote on. Cuts to nutrition are nearly double what was proposed in June. Brad also discusses some of the lesser-known titles of the Farm Bill. UPDATE: The House has passed a bill by a vote of 217-210 that would cut approximately $40 billion over 10 years.
Nitrate Dangers – Even though drought wasn–t as widespread and severe in Nebraska as 2012, nitrates could still pose a danger. Bruce Anderson, UNL Extension forage specialist, gives recommendations to help producers safely feed forages to their livestock.
Weather Forecast – Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week and discusses the possibility of flooding in Nebraska resulting from rains in Colorado.