Market Journal Looks at Drought Effects, High Farm Income - UNL CropWatch, Aug. 31, 2012
August 31, 2012
USDA is forecasting 2012 net farm income at $122.2 billion, a 3.7% increase from last year. Tina Barrett, executive director of the Nebraska Farm Business, Inc., talks about how drought relates to the projected income.
What's causing the black, soot-like dust behind combines in some dryland corn fields? Tamra Jackson-Ziems, UNL Extension plant pathologist, explains the source.
Al Dutcher, UNL Extension state climatologist, forecasts the coming week's weather.
Greg Kruger, UNL Extension cropping systems specialist, talks about research to increase pesticide efficacy and maximize soybean yield.
On this week's Market Journal Tina Barrett, executive director of Nebraska Farm Business, Inc., talks about how drought relates to the projected farm income. Earlier this week USDA forecast natinal net farm income for 2012 at $122.2 billion, a 3.7% increase from a year ago.
View selected segments from this week's show here and visit Market Journal on YouTube.com to view additional segments or the whole broadcast.
Also on this week's program:
Corn Harvest Dust – Harvest is underway in Nebraska. However, some farmers are noticing a black, soot-like dust as they combine corn. Tamra Jackson-Ziems, UNL Extension plant pathologist, explains the reason.
Grain Markets – Roy Smith, farmer and grain marketing consultant from Plattsmouth reports on crop progess in his area and shares his thoughts on basis price, marketing the current crop, and the potential for a large soybean output from South America.
Drought Decision Making – Matt Stockton, UNL Extension agricultural economist, says the tough decisions have only just started for the state's livestock producers. Next they'll need to look at feeding options, including high priced grain and forages.
Maximizing Soybean Yield – Greg Kruger, UNL Extension cropping systems specialist, talks about research in maximizing soybean yield and increasing efficiency of pesticides.
Irrigation Proposal – In May the Central Platte and Twin Platte Natural Resources Districts proposed a plan to increase Platte River flows by substituting irrigation wells for irrigation water from Lake McConaughy. Dave Aiken, UNL Extension agriculture and water law specialist, discusses the plan.
- Weather Update – Al Dutcher, UNL Extension state climatologist, forecasts 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