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
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.
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?
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
Today, an update of Texas High Plains stocker cattle budgets with new market values and considerations for managing calves for increased value. [Read more…] about High Plains Ag Week 9/19/2022 – Fall Update of Winter Stocker Budgets
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.
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.
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.
We’re excited to announce the publication of “Where’s the Beef? Legal and Economic Considerations for Direct Beef Sales”
[Read more…] about High Plains Ag Week 7/11/2022 – Direct to Consumer Beef Sales Book Available
I just saw the first fly of the year on my windowsill this weekend. So its time to start evaluating those pest management decisions. Today we provide an example analysis of pest management decisions from an article I wrote in 2020 published in Progressive Cattle.