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High Plains Ag Week – 5/31/23 – Dual-Purpose Annual Forage Insurance Program

May 31, 2023 by pancho.abello

(Sam Craft/Texas A&M AgriLife Marketing and Communications)

With summer approaching, it’s time to consider the Dual-Purpose Annual Forage Insurance Program for our next season’s wheat operations (deadline: July 15). The program has shown long-term positive results for wheat producers in many places in Texas. In today’s blog, we’ll discuss the features and advantages of this program, highlighting how it can benefit farmers across the state. [Read more…] about High Plains Ag Week – 5/31/23 – Dual-Purpose Annual Forage Insurance Program

Filed Under: Business Management, Crops, Forage, High Plains Ag Week

High Plains Ag Week – 5/3/23 – Machinery Management

May 4, 2023 by casey.matzke

The costs associated with owning and operating machinery represent a large proportion of the total production costs for many farm operations.  In this post, we will look at the costs associated with machinery ownership as well as the options available to farm managers for obtaining access to machinery services.

[Read more…] about High Plains Ag Week – 5/3/23 – Machinery Management

Filed Under: Business Management, High Plains Ag Week, Marketing Plan

High Plains Ag Week – 4/19/2023 – Basis and How to Manage It

April 19, 2023 by casey.matzke

In this post, we look at commodity basis and discuss how understanding a commodity’s basis can help you as you develop a marketing plan.

 

 

[Read more…] about High Plains Ag Week – 4/19/2023 – Basis and How to Manage It

Filed Under: Business Management, Crops, High Plains Ag Week, Impact of Agribusiness in the High Plains Trade Area, Marketing Plan, Texas A&M AgriLife Extension Resources, Trade

High Plains Ag Week – 4/12/2023 – Wheat Grain Alternatives

April 15, 2023 by pancho.abello

Dryland wheat grain and forage conditions in our area are different from what we were expecting in many cases. 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 – 4/12/2023 – Wheat Grain Alternatives

Filed Under: Business Management, High Plains Ag Week, Risk Management, Uncategorized, Wheat

High Plains Ag Week – 4/5/2023 – An Introduction to Carbon Credits and Carbon Markets

April 5, 2023 by casey.matzke

Carbon markets have been a trendy topic lately and present producers with a potential new revenue source for their operation.  This post briefly describes the basics of what carbon credits are and how carbon markets/contracts are structured.  At the end of the post, I provide a set of links to additional articles that provide a more in-depth discussion of some of the legal and economic considerations related to carbon contracts.

[Read more…] about High Plains Ag Week – 4/5/2023 – An Introduction to Carbon Credits and Carbon Markets

Filed Under: Business Management, Carbon, High Plains Ag Week, Risk Management, Texas A&M AgriLife Extension Resources Tagged With: business management, Carbon, Carbon Credits, Carbon Markets

High Plains Ag Week – 3/29/2023 – A Look at the 2023 Cow-Calf Budget

March 29, 2023 by pancho.abello

(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)

The 2023 crop and livestock budgets for District 3 are posted, and the budgets are available for all districts on the AgriLife Extension Agricultural Economics website.  Today, we look at the expected costs and returns from the Cow-Calf budgets in the Rolling Plains.

[Read more…] about High Plains Ag Week – 3/29/2023 – A Look at the 2023 Cow-Calf Budget

Filed Under: Business Management, Cattle, Drought, High Plains Ag Week, Livestock, Texas A&M AgriLife Extension Resources, Uncategorized Tagged With: business management, Cattle, Drought, Livestock, Texas A&M AgriLife Extension, Texas A&M AgriLife Resources

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

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Recent Posts

  • High Plains Ag Week – 6/7/23 – An Update on the Drought
  • High Plains Ag Week – 5/31/23 – Dual-Purpose Annual Forage Insurance Program
  • High Plains Ag Week – 5/17/23 – May WASDE Review

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