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POSTAL CUSTOMER

PRSRT STD U.S. Postage Paid Permit #36 OMAHA, NE

January 20, 2011 Issue 239-15-02

Nebraska Ag Land Demand at Record Highs

Special Features Buffalo Bill Farm & Ranch Expo. . . 10-12 KNEB Heart of the Valley Farm and Ranch Expo . . . . . . . . . 14-15 Mid-America Alfalfa Expo . . . . . . . . . . . 18

Weather Al Dutcher . . . . . . . . . . . . . . . . . . . . . . . . 2

Country Living House Plan . . . . . . . . . . . . . . . . . . . . . . . . 3 Recipes . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

The Lighter Side Lee Pitts . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Markets Grains . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Livestock . . . . . . . . . . . . . . . . . . . . . . . . 17

Government Report Government Report . . . . . . . . . . . . . . . . . 6

Ag Management LRNRD Board Briefed on Early Studies to Add Water to Republican River . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Livestock News Heartland Cattle . . . . . . . . . . . . . . . . . . 16

Production News By Robert Pore, The Grand Island Independent As crop demand increases and the unpredictably of weather around the world has tightened supplies, crop prices have increased, such as the market reaction to the U.S. Department of Agriculture's report on Wednesday. And, as crop prices increase, so has the cost of another commodity

invaluable to food production " land. According to the Farmers National Company, demand for U.S. farmland has jumped to a five-year high, spurred on by a profitable grain market and a boost in buyer interest from both farm operators and land investors. But while demand rose sharply during the last quarter of 2010, the supply of available farmland fell to historically low levels,

according to the Farmers National Company. "There are a number of factors driving this increasing demand, which we see continuing into 2011," said Lee Vermeer, AFM, vice president of real estate operations at Farmers National Company. "Jumps in commodity prices are increasing profitability of land as an investment. Landowners are

Sorghum Profitability Seminars Planned . . . . . . . . . . . . . . . . . . . . . . . . . 7

Schedule of Events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Classifieds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20-23

Continued on page 7

No Easy Answer for Horse Processing Issue By Heather Johnson, The North Platte Telegraph Two proposals that could change the future of America's horses are drawing mixed reactions across the state. LB 305 and LB 306 were introduced in the Nebraska Legislature last week. LB 305 would create a state meat inspection program, which could eventually lead to the reopening of horse processing plants by allowing the meat to be transported across For daily agriculture news, updates and local happenings, visit the Heartland Express website at www.myfarmandranch.com

state lines. LB 306 would require humane societies and horse rescue operations to accept a horse if one was presented to them or face a Class 4 misdemeanor. Wayne Pacelle, president of the Humane Society of the United States, and Charles Stenholm, senior policy advisor for Olsson Frank Weeda, P.C., squared off in Sunday's edition of The North Platte Telegraph. Pacelle maintained that the influx of horses in the U.S. is the result of irresponsible owner-

ship and the poor judgment of people who acquire animals they can't care for. He said people who can't treat horses responsibly should either adopt the animals out or have them euthanized. "Nebraska does not need any polished, smooth talking, politically correct, megamillion dollar operation out of Washington, D.C., interfering with our animal agriculture," Continued on page 9

MARKET GLANCE Livestock and Products, Weekly Average

Crops, Daily Spot Prices Year Ago 4 Wks Ago 1/7/11

Nebraska Slaughter Steer 35-65% Choice, Live Weight . . . . . . . . . . . . . . .$84.27 Nebraska Feeder Steers, Med. & Large Frame, 550-600# . . . . . . . . . . . .110.10 Med & Large Frame, 750-800 # . . . . . . . . . . . . . . . .96.07 Choice Boxed Beef, 600-750# Carcass . . . . . . . . . .140.23 Western Corn Belt Base Hog Price . . . . . . . . . . . . . . .65.15 Feeder Pigs, National Direct, 50#, FOB . . . . . . . . . . . .* Pork Carcass Cutout, 185#, 51-52% Lean . . . . . . . .70.56 Slaughter Lambs, Ch. & Pr.,Heavy, SD Dir. . . . . . . . . . .* Nat. Carcass Lamb Cutout, FOB . . . . . . . . . . . . . . .242.93

100.79

105.29

147.75 117.00 164.40 65.68 * 78.36 157.00 350.77

147.34 126.83 165.84 70.45 * 78.35 161.00 352.13

Wheat, No. 1, H.W. Imperial, bu . . . . . . . . . . . . . . . . .4.19 Corn, No. 2, Yellow, Omaha, bu . . . . . . . . . . . . . . . . .3.59 Soybeans, No. 1 Yellow Omaha, bu . . . . . . . . . . . . . .9.63 Grain Sorg. No. 2 Yellow, Dorchester, cwt . . . . . . . . .5.95 Oats, No. 2, Heavy Minneapolis, MN, bu. . . . . . . . . . .2.47

6.74 5.71 12.71 9.27 3.99

6.87 5.68 13.21 9.46 3.89

140.00 72.50 * 181.50 58.50

140.00 72.50 * 186.00 65.00

Hay (per ton) Alfalfa, Lrg. Sq. Bales Good to Prem., NE Neb. . . . . .135.00 Alfalfa, Lrg. Rounds, Good, Platte Valley, . . . . . . . . .87.50 Grass Hay, Lrg. Rounds, Premium, Neb., . . . . . . . . . . .* Dried Distillers . . . . . . . . . . . . . . . . . . . . . . . . . . . . .107.50 Wet Distillers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .43.75 * No market.


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