November 2, 2012
Market Journal: Beef Rally, Grain Market Scenarios, and Land Prices
On this week's Market Journal Mike Briggs, feedlot manager in Seward, talks about why even the recent rally in cattle markets can’t erase this year's losses. Briggs discusses corn prices, consumer beef cost, and whether producers can plan for an ethanol waiver.
Also on this week's program:
- Nebraska Land Prices — Allan Vyhnalek, UNL Extension educator, talks about the past, present and future for land prices in Nebraska.
- 2013 Grain Market Scenarios — Elaine Kub, author of “Mastering the Grain Markets,” discusses how a record South American soybean crop would affect the market and what would happen if U.S. farmers produced a record crop in 2013. Kub also addresses why she's neutral on the outlook for grain markets.
- Corn Damage — UNL Extension beef specialist Rick Rasby discusses how, with careful management, cattle can be used to harvest downed corn.
- Farm Bill Differences — Versions of the farm bill in the Senate and House have differences that could impact Nebraska producers. Brad Lubben, UNL Extension public policy specialist, outlines the variances.
- Weather Outlook — Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.
View this week's program, as well as previous programs, online at marketjournal.unl.edu and watch for future broadcasts on these networks.
- NET1 – Saturday, 7 a.m. CT
- NET2 – Sunday, 9 a.m. CT
- Podcast on iTunes