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Examining the 2025 Corn and Sorghum Budgets

February 19, 2025 by andrew.wright

Picture of corn

Corn on Tuesday, Sep 17, 2024, in El Campo, Texas. (Michael Miller/Texas A&M AgriLife)

The 2025 crop and livestock budgets are available on the Texas A&M AgriLife Extension Economics website.  In today’s post, we break down the District 1, District 2, and District 3 corn and sorghum budgets and discuss what they imply about feed grain production in 2025. [Read more…] about Examining the 2025 Corn and Sorghum Budgets

Filed Under: Business Management, Corn, Crops, Risk Management, Sorghum

Examining the 2025 Cotton Budgets

January 29, 2025 by andrew.wright

Picture of cotton at sunset

Cotton on the Texas A&M AgriLife Farm in Snook, Texas on Sept. 9, 2021. (Sam Craft/Texas A&M AgriLife Marketing and Communications)

The 2025 crop and livestock budgets will soon be available on the Texas A&M AgriLife Extension Economics website.  In today’s post, we break down the District 1 and District 2 cotton budgets and discuss what they imply about cotton production in 2025. [Read more…] about Examining the 2025 Cotton Budgets

Filed Under: Business Management, Cotton, Risk Management

Input Costs in 2025

January 17, 2025 by andrew.wright

Picture of a stack of coinsAs we enter a new year, producers are making plans for a new crop.  Those plans will depend in part on their expectations regarding their costs of production.  In this post, we’ll discuss our expectations for five important costs in 2025. [Read more…] about Input Costs in 2025

Filed Under: Business Management, Corn, Cotton, Crops, Risk Management, Sorghum, Uncategorized, Wheat

Using Financial Ratios to Manage Debt, part 2

November 22, 2024 by andrew.wright

Four jars filled with varying amounts of coinsDoes your business generate enough income to make scheduled debt and lease payments?  If necessary, could that income also cover payments on additional debt?  In today’s post, we’ll look at a set of financial measures that can help you answer these important questions. [Read more…] about Using Financial Ratios to Manage Debt, part 2

Filed Under: Business Management, Risk Management

Use Financial Ratios to Manage Debt

November 7, 2024 by andrew.wright

Picture of piggy bank holding an umbrellaCan you borrow to finance new purchases when you need to?  Or will borrowing more put your business at risk of bankruptcy?  Your ability to answer these questions accurately is an important part of managing your business for long-term success.  In today’s blog we’ll look at some information taken from a farm’s business records that can help you make financially responsible borrowing decisions.

[Read more…] about Use Financial Ratios to Manage Debt

Filed Under: Business Management, Risk Management, Uncategorized

Considering the Impact of Loan Structure on Loan Cost

October 16, 2024 by andrew.wright

Image of a calculator, pen, and paperAn important part of managing a farm business is managing debt.  Producers who utilize debt effectively can increase the profitability of their operation.  However, borrowing comes at a cost.  Today, we’ll discuss the different types of loans available to producers and their structures. We’ll also look at how different loan structures impact the cost of borrowing.

[Read more…] about Considering the Impact of Loan Structure on Loan Cost

Filed Under: Business Management, Risk Management

Understanding the Relationship Between Cotton Classing and Cotton Prices

October 2, 2024 by andrew.wright

Picture of cotton in a field

Cotton on the Texas A&M AgriLife Farm in Snook, Texas on Sept. 9, 2021. (Sam Craft/Texas A&M AgriLife Marketing and Communications)

How does cotton quality impact the price someone pays for it?  In this post, we discuss how cotton is classed and how the classification of upland cotton might inform cotton prices. [Read more…] about Understanding the Relationship Between Cotton Classing and Cotton Prices

Filed Under: Cotton, Marketing Plan

To Harvest or Not to Harvest? Cotton Harvest Decisions

September 18, 2024 by andrew.wright

Picture of a cotton being harvested

Cotton harvest on Oct. 20, 2021. (Courtney Sacco/Texas A&M AgriLife Marketing and Communications)

It’s almost time for producers to begin harvesting cotton in this part of the state.  Today, we look at the decision to harvest low-yielding fields and discuss the costs and benefits of doing so.  We also present a tool to help producers evaluate the profitability of harvesting cotton from low-yielding fields. [Read more…] about To Harvest or Not to Harvest? Cotton Harvest Decisions

Filed Under: Business Management, Cotton, Risk Management

Cotton Production and Market Update

September 4, 2024 by andrew.wright

Picture of a cotton field

Aug. 9, 2022 in College Station, Texas. (Sam Craft/Texas A&M AgriLife Marketing and Communications)

Last month, USDA released two important reports: the monthly Crop Production report, and the latest World Agriculture Supply and Demand Estimate (WASDE) report.  In this post, we discuss what these reports say about cotton production in 2024.

[Read more…] about Cotton Production and Market Update

Filed Under: Business Management, Cotton

Corn and Sorghum Market Update

August 14, 2024 by andrew.wright

Picture of sorghum growing in a field

Field crops in Burleson County on July 30, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)

On August 12, USDA released three important reports: the weekly Crop Progress report, the monthly Crop Production report, and the latest World Agriculture Supply and Demand Estimate (WASDE) report.  In this post, we discuss what these reports say about corn and sorghum production in 2024. [Read more…] about Corn and Sorghum Market Update

Filed Under: Corn, Crops, Marketing Plan, Sorghum

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