Continuing with our fall market updates this week, we reviewed the peanuts market. Less harvested acreage this season will potentially lower ending stocks and support future prices.
We continue with our fall market updates this week, spending some time with the corn and sorghum markets. With lower yields and higher prices, what are some early predictions for the marketing year and production year 23/24?
Early-season wheat prices and winter wheat crop conditions have shown record highs and lows during this planting season. In today’s Wheat Market Update we reviewed the main market drivers for the following season. [Read more…] about High Plains Ag Week 11/7/2022 – Wheat Market Update
In a world where drought, market reports, and geo-political events pressure livestock producers risk management is becoming increasingly important. Faculty from Texas A&M AgriLife and Oklahoma State University came together to produce, “Where’s the Risk: A Livestock Risk Management Handbook.” [Read more…] about High Plains Ag Week 10/31/2022 – Livestock Risk Management Publication Available
The 2022 drought has reminded us about its productive, financial, and economic impacts on our business. Today we will review USDA’s Pasture, Rangeland, and Forage Insurance Program (PRF) which has shown to be an essential tool to support ranchers during these times.
Cull cow markets are cooling, but still relatively hot. If you’ve got open cows, its past time to market them. Are there any realistic trades to make where grass is available?
This week we update Dryland Wheat Budgets and compare them with some grazing scenarios. This will be another year of high production costs and weather uncertainty that will require optimizing our results and having a good marketing plan. [Read more…] about High Plains Ag Week 9/26/2022 – Dryland Wheat Budgets Update
Today, an update of Texas High Plains stocker cattle budgets with new market values and considerations for managing calves for increased value. [Read more…] about High Plains Ag Week 9/19/2022 – Fall Update of Winter Stocker Budgets
Ranchers face many price risks associated with cattle marketing, as we saw these last years. USDA changes in LRP made this tool more appealing to ranchers that want to reduce price risk.
On August 5th the USDA published its annual Land Values Summary Report. Today we review the trends in land prices nationwide and in Texas.