Dec. 5 Market Journal: Soybean Prices, Effects of Crude OIl Supply
View the full Dec. 5 Market Journal episode or selected segments below.
Dec. 5, 2014
On this week's Market Journal Jeff Peterson, president of Heartland Farm Partners president, discusses how 2015 corn and soybean acres could impact supply. He also explains what forces are currently moving soybean prices and how ethanol is positioned going into next year.
Also on the Dec. 5 Market Journal:
Crude Oil Drop — Richard Perrin, UNL agricultural economics Jim Roberts Professor, analyzes the drop in crude oil prices over the last half of 2014 and the possible impact on ethanol production.
2015 Crop Budgets — UNL Extension has developed 69 crop budgets for 2015. Roger Wilson, UNL Extension farm management specialist and budget analyst, discusses changes in the corn and soybean budgets for next year. Wilson also explains how growers can use the Irrigation Cost Calculator to determine the cost of watering acres. Watch next week's CropWatch for information on where to find the 2015 budgets.
US Beef Trade — Kate Brooks, UNL Extension livestock economist, looks at international demand for U.S. beef. Brooks explains how trade disruptions could impact the U.S. cattle industry.
Weather Forecast — Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.
Next WeekMarket Journal will be reporting from the 2014 Nebraska Power Farming Show at the Lancaster Event Center in Lincoln. Nick Mueller, Stewart-Peterson, will join us to analyze corn and soybean markets and UNL ag economist Brad Lubben will discuss decisions under the new farm bill.
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
- NET2 – Monday, 12:30 p.m.
- Podcast on iTunes