April 13, 2007

Market Journal

This week's Market Journal features a story on why corn prices may be dropping by the end of the year.

Corn stocks to use ratio will be very low by the end of the year, according to Daryll Ray, Blasingamer Chair of Excellence at the University of Tennessee. Ray says if the price of corn is above $3, other countries such as Mexico and Brazil will produce more corn and be competitive on world markets.

Also on the program this week: 

• Cattle prices may be headed for a bumpy road? with Mike Briggs, Briggs Feedlot, Seward
• Alfalfa crop stunted, but not dead, with Bruce Anderson, UNL Extension Forage Specialist
• Evaluate accumulator contracts carefully, with Darrell Mark, UNL Extension Marketing Specialist
• Weather, with Al Dutcher, UNL State Climatologist

On the next Market Journal, April 20-23, the focus will be on beef export markets. Greg Ibach, Nebraska state director of agriculture, will discuss the potential for export markets. Galen Erickson, UNL extension feedlot nutrition specialist, and Rick Rasby, UNL extension beef specialist, will discuss strategies to make the cattle eligible for export markets.

Market Journal is broadcast Fridays at 12:30 p.m. on DishNetwork NAUHS 9411, Saturdays at 7 a.m. on NET1 and Sundays at 9 a.m. on NETV2 (all times central). Visit the Market Journal Web site at marketjournal.unl.edu to watch current or previous programs.