Market Journal Looks at Market Response to USDA Crop Report
This week on Market Journal host Jeff Wilkerson noted that following projections of the second largest corn harvest in US history, December 2017 corn futures contracts set a lifetime low Tuesday of $3.38 per bushel. This week Wilkerson talks with Roy Smith, farmer and grain marketing consultant from Plattsmouth, about this and using deferred contracts to make corn sales. Smith describes his tracking of the dead cat bounce in the soybean market and potential selling opportunities.
Mike Apley, Frick Professor of Clinical Sciences in Kansas State University’s College of Veterinary Medicine, explains how the World Health Organization’s guidelines on antibiotic use in animal agriculture compare to current U.S. policy.
Bryce Anderson, DTN senior ag meteorologist, explains how La Niña could impact weather conditions in the U.S. and South America.
Julie Peterson, Nebraska Extension entomologist, talks about using Bt traits to protect corn against certain insects.
Al Dutcher, Nebraska Extension agricultural climatologist, gives his forecast for the coming week.