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.
[Read more…] about High Plains Ag Week – 7/19/23 – The Power of Peer Advisory Groups.
(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
(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)
Are you looking to market your calves in a “program cattle” but unsure if the added costs outweigh the benefits? Today, we will discuss the potential benefits of implementing these programs in your operation and how you can evaluate whether it fits you well. [Read more…] about High Plains Ag Week – 4/26/23 – Program Cattle
(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
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
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
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
The Livestock Forage Disaster program sign-up deadline is coming by the end of January. Last year’s drought triggered significant payments in most counties of Texas. Read the article for more information about your county’s program and eligibility. [Read more…] about High Plains Ag Week – 1/11/2023 – Livestock Forage Disaster Program
(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
In a world where drought, market reports, and geo-political events pressure livestock producers risk management is becoming increasingly important. Faculty from Texas A&M AgriLife and Oklahoma State University came together to produce, “Where’s the Risk: A Livestock Risk Management Handbook.” [Read more…] about High Plains Ag Week 10/31/2022 – Livestock Risk Management Publication Available