Ag Economics on the Plains
Ag Economics on the Plains

High Plains Ag Week 11/10/2023 – LRP Decision Making

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

The USDA’s Livestock Risk Protection (LRP) program is a useful tool to help producers manage price risk.  In this post, we will explain what LRP does and how it works, and we will discuss two important decisions that producers who wish to use this tool must make. 

 

 

 

 

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High Plains Ag Week – 9/22/23 – Beef Cattle Market Update

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

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

High Plains Ag Week – 6/14/23 – How to Determine the Right Price for Replacement Cows

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

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