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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 12/5/2022 – Beef Cattle Market Update

December 5, 2022 by justin.benavidez

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

We continue our fall market reports reviewing the beef cattle market. Beef cattle prices have improved this year, which has undoubtedly helped during this drought.  Four crucial market drivers have played and will play a significant role in future prices: Weather, Feed Costs, Beef Production, and Demand. [Read more…] about High Plains Ag Week 12/5/2022 – Beef Cattle Market Update

Filed Under: Business Management, Cattle, High Plains Ag Week, Marketing Plan, Risk Management, Texas A&M AgriLife Extension Resources

High Plains Ag Week 11/7/2022 – Wheat Market Update

November 7, 2022 by justin.benavidez

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

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

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

High Plains Ag Week 10/10/2022 – PRF Decision for Upcoming year

October 10, 2022 by justin.benavidez

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

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.

[Read more…] about High Plains Ag Week 10/10/2022 – PRF Decision for Upcoming year

Filed Under: Ag Policy, Business Management, Cattle, Forage, High Plains Ag Week, Risk Management, Texas A&M AgriLife Extension Resources, Uncategorized

High Plains Ag Week 10/3/2022 – Culling and Potential Restocking Opportunities

October 3, 2022 by justin.benavidez

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?

[Read more…] about High Plains Ag Week 10/3/2022 – Culling and Potential Restocking Opportunities

Filed Under: Business Management, Cattle, High Plains Ag Week

High Plains Ag Week 9/26/2022 – Dryland Wheat Budgets Update

September 29, 2022 by justin.benavidez

Laura McKenzie/Texas A&M AgriLife Marketing and Communications.

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

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

High Plains Ag Week 9/12/2022 – Price Management Tools for Calves and Stockers – LRP

September 12, 2022 by justin.benavidez

(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)

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.

[Read more…] about High Plains Ag Week 9/12/2022 – Price Management Tools for Calves and Stockers – LRP

Filed Under: Ag Policy, Business Management, Cattle, High Plains Ag Week, Marketing Plan, Risk Management, Uncategorized

High Plains Ag Week 8/15/2022 – USDA Land Values

August 15, 2022 by justin.benavidez

On August 5th the USDA published its annual Land Values Summary Report. Today we review the trends in land prices nationwide and in Texas.

[Read more…] about High Plains Ag Week 8/15/2022 – USDA Land Values

Filed Under: Business Management, High Plains Ag Week

High Plain Ag Week 8/8/2022 – USDA Programs to Support Drought Losses

August 8, 2022 by justin.benavidez

(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)

This year’s drought is still producing significant losses to many ranchers in the State of Texas. Today, we will look into two more USDA programs to help ranchers cape the drought, Livestock Forage Disaster Program and the Emergency Assistance for Livestock, Honeybees, and Farm-Raised Fish Program.

[Read more…] about High Plain Ag Week 8/8/2022 – USDA Programs to Support Drought Losses

Filed Under: Ag Policy, Business Management, Cattle, Goats, High Plains Ag Week, Risk Management, Sheep, Texas A&M AgriLife Extension Resources, Uncategorized

High Plains Ag Week 7/25/2022 – Livestock Indemnity Program Review

July 25, 2022 by justin.benavidez

Fire activity on the Coconut Fire in Wilbarger County on May 17, 2022

Numerous wildfire events across the State of Texas have unfortunately developed these last months producing many losses to many ranchers.  Today we will review one USDA program that supports ranchers that have livestock losses due to wildfires and other weather-related events.

 

 

[Read more…] about High Plains Ag Week 7/25/2022 – Livestock Indemnity Program Review

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

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