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High Plains Ag Week – 3/22/2023 – Macroeconomic Trends and Their Impacts on Farmers

March 22, 2023 by casey.matzke

Macroeconomic Trends and Their Impacts on Farmers

Changes in both the U.S. and global macroeconomic environments can have a significant impact on the bottom line of farms and ranches.  For this reason, it is important to be aware of changes in the macroeconomy and to consider how these changes might affect your operation.

[Read more…] about High Plains Ag Week – 3/22/2023 – Macroeconomic Trends and Their Impacts on Farmers

Filed Under: Ag Policy, Business Management

High Plains Ag Week – 3/15/2023 – Building a Profitable Ranch Business

March 15, 2023 by casey.matzke

Building a Profitable Ranch Business – Beef Cattle Standard Performance Analysis

 

One of the most essential responsibilities in our businesses is to ensure the economic sustainability of our companies for the future of our business or future generations. Most ranchers have suffered multiple years of low margins due to market prices below the average total economic cost of production. Even today, with a much better prices outlook than a year ago, breakeven prices are still high for most cow-calf operations.

 

 

[Read more…] about High Plains Ag Week – 3/15/2023 – Building a Profitable Ranch Business

Filed Under: Business Management, Cattle, Drought, High Plains Ag Week, Livestock Tagged With: Cattle, Profitable, Ranch

High Plains Ag Week – 3/8/2023 – Key Financial Ratios to Watch in 2023

March 8, 2023 by casey.matzke

Inputs costs are expected to stay high in 2023, and the Federal Reserve has indicated that it intends to continue raising interest rates as it attempts to bring inflation under control.  So how can you maintain the financial health of your operation in the current economic climate?  One tool to consider is financial ratio analysis.

[Read more…] about High Plains Ag Week – 3/8/2023 – Key Financial Ratios to Watch in 2023

Filed Under: Business Management, Marketing Plan Tagged With: business management

High Plains Ag Week – 3/1/2023 – Wheat Grain vs. Gain

March 1, 2023 by pancho.abello

Dryland wheat grain and forage conditions in our area are better than last year but still not the best.  The Wheat and Small Grain Decision Aids will help you analyze the best alternative for your wheat fields according to your expected yields, production costs, equipment, and other variables. [Read more…] about High Plains Ag Week – 3/1/2023 – Wheat Grain vs. Gain

Filed Under: Business Management, Cattle, Drought, Forage, High Plains Ag Week, Livestock, Risk Management, Uncategorized, Wheat

High Plains Ag Week – 2/15/2023 – A Look at the 2023 Peanuts Budgets

February 15, 2023 by casey.matzke

The 2023 crop and livestock budgets are now available on the AgriLife Extension Agricultural Economics website. In this post, we’ll look at the budgets for peanuts in Districts 1, 2, and 3. For the most part producers can expect higher revenues; however, expect this increase to be offset by higher input costs.

[Read more…] about High Plains Ag Week – 2/15/2023 – A Look at the 2023 Peanuts Budgets

Filed Under: Peanuts Tagged With: Peanuts

High Plains Ag Week – 2/8/2023 – A Look at the 2023 Wheat Budgets

February 8, 2023 by justin.benavidez

The 2023 crop and livestock budgets for District 1 are posted, and the budgets will soon be available for all districts on the AgriLife Extension Agricultural Economics website.  Today, we take a look at the expected costs and returns from wheat in the High Plains.

 

[Read more…] about High Plains Ag Week – 2/8/2023 – A Look at the 2023 Wheat Budgets

Filed Under: Uncategorized

High Plains Ag Week – 2/1/2023 – A Look at the 2023 Corn & Sorghum Budgets

January 31, 2023 by justin.benavidez

The 2023 crop and livestock budgets for District 1 are posted, and the budgets will soon be available for all districts on the AgriLife Extension Agricultural Economics website.  Today, we take a look at the expected costs and returns from coarse grains in the High Plains.

[Read more…] about High Plains Ag Week – 2/1/2023 – A Look at the 2023 Corn & Sorghum Budgets

Filed Under: Corn, Crops, High Plains Ag Week, Marketing Plan, Sorghum, Texas A&M AgriLife Extension Resources

High Plains Ag Week – 1/25/2023 – A Look at the 2023 Cotton Budgets

January 25, 2023 by casey.matzke

The 2023 crop and livestock budgets will soon be available for all districts on the AgriLife Extension Agricultural Economics website.  Compared to the numbers in the 2022 budgets, revenue from cotton enterprises is expected to remain largely unchanged, while costs are expected to increase.

 

 

[Read more…] about High Plains Ag Week – 1/25/2023 – A Look at the 2023 Cotton Budgets

Filed Under: Cotton, High Plains Ag Week, Texas A&M AgriLife Extension Resources Tagged With: Auction Prices, Budget Reports, Cotton, Texas A&M AgriLife Resources

High Plains Ag Week – 1/18/2023 – Budgets and Input Price Changes

January 17, 2023 by justin.benavidez

Rapidly increasing input prices were a major concern in the 2022 crop year. What do input prices look like as we approach 2023’s planting season? Updated AgriLife Crop & Livestock Budgets, as well as some updated decision tools can help you make this year’s production decisions.

 

[Read more…] about High Plains Ag Week – 1/18/2023 – Budgets and Input Price Changes

Filed Under: Business Management, Cattle, Corn, Cotton, Crops, Marketing Plan, Peanuts, Risk Management, Sorghum, Wheat

High Plains Ag Week – 1/11/2023 – Livestock Forage Disaster Program

January 11, 2023 by casey.matzke

 

The Livestock Forage Disaster program sign-up deadline is coming by the end of January. Last year’s drought triggered significant payments in most counties of Texas. Read the article for more information about your county’s program and eligibility. [Read more…] about High Plains Ag Week – 1/11/2023 – Livestock Forage Disaster Program

Filed Under: Cattle, Diaster Program, Drought, Forage, Livestock, Texas A&M AgriLife Extension Resources Tagged With: Cattle, Disaster Program, Drought, Forage, Livestock

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Welcome!

The Amarillo Econ blog is a platform that provides regular updates to stakeholders in the world of agriculture on agricultural markets, research findings from agricultural economists, current issues facing the field of agriculture, and the implications of regularly released USDA reports.

We will also use the blog and social media under the Amarillo AgEcon banner to announce new tools and programs conducted by Texas A&M AgriLife Extension faculty and staff.

There are two main types of blog posts on this page;

High Plains Ag Week: These posts talk a bit about the market movement over the week in corn, wheat, cotton, and fat and feeder cattle. We’ll also provide some insight into potential market movers and upcoming events for the following week. Additionally we’ll highlight interesting news stories from the week, and provide a list of upcoming deadlines for things like insurance and USDA program signups.

It Depends:

Where ‘High Plains Ag Week’ will mostly be posts about current events, the series called ‘It Depends’ functions more as an educational outlet. We’ll look at current events, or things we’re reading about and find interesting, and examine them through the lens of economics. We hope to use ‘It Depends’ to provide some answers to everyday questions from the world of economics, particularly as those questions relate to agriculture. On that note, if there are topics that you are interested in hearing about please let us know!

 

Whether you’re a farmer or rancher, in rural real estate, work in the commodity markets, provide products and services to producers, or you’re just new to the field of agriculture and want to learn more, we’ve got something for you.

 

You can follow us on Twitter @AmarilloAgecon, and like us on Facebook at Amarillo AgEcon.

 

Recent Posts

  • High Plains Ag Week – 3/22/2023 – Macroeconomic Trends and Their Impacts on Farmers
  • High Plains Ag Week – 3/15/2023 – Building a Profitable Ranch Business
  • High Plains Ag Week – 3/8/2023 – Key Financial Ratios to Watch in 2023

Recent Comments

  • Texas Ag Law Blog - TownTalk Radio on High Plains Ag Week 1/25/2021 – Review of LFP
  • Weekly Ag Law Blog - TownTalk Radio on High Plains Ag Week 10/12/2020
  • Texas Weekly Ag Law Roundup from Tiffany Lashmet - TownTalk Radio on High Plains Ag Week 4/17/2020

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