Market Journal - September 5, 2014 (full episode)

This week on Market Journal…

Market Analysis – Luke Beckman, Central Valley Ag commodity risk manager, analyzes current crop conditions and discusses how record crops will affect corn and soybean markets. Luke also looks at basis numbers going into harvest.

Soybean Disease Update – Kevin Korus, UNL Extension plant diagnostician, gives an overview of soybean diseases that could still be causing problems in Nebraska fields.

Selecting 2015 Soybean Seed – Nathan Mueller, UNL Extension educator, says even though the 2014 growing season is not over, farmers can be thinking about soybean seed selection for the 2015 crop year. Nathan discusses how farmers can evaluate varieties and explains why selection can make a significant difference in profit margins.

2014 Nebraska Farm Incomes – The USDA is expecting a drop in 2014 net farm income to $113.2 billion. The agency also projects a divergence in profits between corn and soybean growers and livestock producers. Tina Barrett, Nebraska Farm Business Inc. executive director, discusses if Nebraska will mirror the national projection. Tina also talks about the sales tax exemption for agricultural repair parts and 2015 cash rental rates.

Weather Forecast – Al Dutcher, UNL Extension state climatologist, gives his forecast for the coming week.