Market Journal - December 5, 2014 (full episode)

Market Analysis – Jeff Peterson, Heartland Farm Partners president, talks about how 2015 corn and soybean acres could impact supply. Jeff also explains what forces are currently moving soybean prices and how ethanol is positioned going into next year.

Crude Oil Drop – Richard Perrin, UNL agricultural economics Jim Roberts Professor, analyzes the drop in crude oil prices over the last half of 2014. Dick also talks about how lower gasoline prices could affect ethanol.

2015 Crop Budgets – UNL Extension has developed 69 crop budgets for 2015. Roger Wilson, UNL Extension farm management specialist and budget analyst, goes through prices for corn and soybeans. Roger also explains how growers can use the Irrigation Cost Calculator to determine the cost of watering acres.

U.S. Beef Trade – Kate Brooks, UNL Extension livestock economist, looks at international demand for U.S. beef. Kate 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.