Market Journal: What's Expected from Upcoming Plantings Report?

Market Journal: What's Expected from Upcoming Plantings Report?

January 4, 2013

Frayne Olson looks at 2013 projected plantings for corn, soybeans, and wheat, all of which are projected to be higher than in 2012.

Roger Wilson discusses the 2013 crop budgets, which show increases due to increased seed, herbicide, and land costs. The good news? Fertilizer costs are reduced or holding steady.

Dave Goeller looks at Nebraska farm population and farm succession.

Greg Ibach, director of the Nebraska Department of Agriculture, discusses trade advances with China that may benefit Nebraska farmers.

Al Dutcher, Extension state climtologist gives the weather forecast for the coming week.

On this week's Market Journal a North Dakota State Extension economist discusses preliminary estimates of 2013 plantings and describes why next week's USDA reports are so important.  Rayne Olson discusses the report with program host Jeff Wilkerson.

Also on this week's program:

  • Roger Wilson, UNL Extension farm management/enterprise budget analyst, dissects this year's forecasts and discusses the 2013 crop production budgets which will be released soon. (Watch CropWatch for an update.) Fifty-three budgets will be available for 16 crops.
  • Brad Lubben, UNL Extension public policy specialist, outlines the big topics ahead for agriculture in 2013, including federal issues and potential regulations.
  • Dave Goeller, North Central Risk Management Education Center deputy director, discusses Nebraska's aging farmer population and the beginning farmer tax credit.  The largest portion of Nebraska's farmers and ranchers is between the ages of 35 and 64.
  • Greg Ibach, Nebraska Department of Agriculture director, recaps how a recent trip to China could yield investments in Nebraska.
  • Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.

Broadcast Times

Market Journal — television for agricultural business decisions — is funded by the Nebraska Soybean Board.

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