We continue our review of fall markets by looking at the beef cattle market. Beef cattle prices have been high this year because of tight supplies and strong demand for beef. Four factors to keep an eye on in the last part of the year are retail demand, beef production, feed costs, and weather. [Read more…] about High Plains Ag Week – 9/22/23 – Beef Cattle Market Update
Over the past couple of months, wheat prices have experienced a decline, reaching close to breakeven prices for many of us across the plains. [Read more…] about High Plains Ag Week – 9/1/23 – Wheat Market Drivers
This week, we provide an update on the grain markets and look at the current supply and use projections for corn and sorghum in the August USDA World Agricultural Supply and Demand Estimate (WASDE) Report.
Last couple of weeks numerous wildfire events across Texas have unfortunately developed producing many unmeasurable losses. Today we will review the USDA LIP program that supports ranchers that suffered livestock losses due to wildfires and other weather-related events. [Read more…] about High Plains Ag Week – 8/17/23 – Wildfires in Texas
The USDA National Agricultural Statistics Service (NASS) released its latest crop production report and World Agriculture Supply and Demand (WASDE) report today. In this post, we’ll look at what these reports have to say about 2023/2024 cotton production, supply, and demand.
Continuous learning and adopting innovative practices and technologies are crucial for farmers and ranchers to stay ahead. Among the numerous resources available, one invaluable tool stands out for progressive and business-minded ag producers – peer advisory groups.
The USDA National Agricultural Statistics Service (NASS) released its latest acreage report on June 30. Today, we review this report.
June is National Dairy Month, so today we’re talking about all things dairy. In this post, we’ll look at the U.S. dairy industry by the numbers, how the U.S. likes to consume its dairy products, and how the U.S. dairy industry contributes to global dairy production and consumption.
Spring and early summer rainfall have relieved Texas drought conditions, improving pastures and forage production. Today we will review the Bid Price for Beef Cows Decision Aid. This tool will help you analyze the key variables determining how much you should pay for a beef cow. [Read more…] about High Plains Ag Week – 6/14/23 – How to Determine the Right Price for Replacement Cows
The Texas High Plains received some much-needed rain in the month of May, but conditions across much of the area are still dry. In this post, we’ll discuss the current state of the drought, what the current temperature and precipitation outlook is for the next month, and what all of this might mean for production in the region.