On June 30th, the USDA, National Agricultural Statistics Service (NASS), released its first survey-base acreage report for the 2022-23 season. Today, we will review the highlights of this first report. [Read more…] about High Plains Ag Week 7/11/2022 – USDA June Acreage Report Review
High Plains Ag Week 6/13/2022 – Corn & Sorghum Market Update
June is book ended by the WASDE and the all-important June Acreage report. What is the state of the coarse grain markets as we move into mid-season? [Read more…] about High Plains Ag Week 6/13/2022 – Corn & Sorghum Market Update
High Plains Ag Week 5/23/2022 – Fertilization Break Even Calculation
Input costs continue to be the story of interest for the year. Fertilizer in particular is grabbing headlines in both agricultural media and popular press. What do costs look like as we move through planting seasons and develop plans for the remainder of the summer? [Read more…] about High Plains Ag Week 5/23/2022 – Fertilization Break Even Calculation
High Plains Ag Week 5/16/2022 – WASDE Review
Last week’s WASDE report projected tightened ending stocks primarily due to weather conditions and Russia’s invasion of Ukraine. The chances of increasing ending stocks to previous levels during this season are very low. Today will review the WASDE report and discuss those factors that have created this bullish market reaction. [Read more…] about High Plains Ag Week 5/16/2022 – WASDE Review
High Plains Ag Week 2-14-2022 – Corn & Sorghum Market Update
This week we tackle the dynamics of the corn and sorghum markets. What are the trends to look for? What are the risks for price and yield?
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High Plains Ag Week 1-31-2022 – Rules of Thumb for Input Cost Management
Input cost management is on everyone’s mind this year. But how do you even begin to approach cutting costs effectively? Each operation, and really, each field is different. We’ll address specific inputs throughout the spring, but for now, we present three rules of thumb to get you started on your input cost management decisions.
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High Plains Ag Week 11/29/2021 – CRP and Crop Return Comparison
Its time for a review of CRP rental rates for 2021. Is it a good idea to enroll in CRP? How do you evaluate that choice for yourself? [Read more…] about High Plains Ag Week 11/29/2021 – CRP and Crop Return Comparison
High Plains Ag Week 10/11/2021 – Corn & Sorghum Update
This week we’ll take a look at the fall market outlook for coarse grains. Fundamentals for grain prices remain supportive. However, input costs are becoming a concern across the board, potentially cutting 2022 profits. [Read more…] about High Plains Ag Week 10/11/2021 – Corn & Sorghum Update
High Plains Ag Week 3/8/2021 – The ARC/PLC Choice
2021 is the first year in which producers will be able to choose ARC or PLC on an annual basis. Today, a tool that will help producers with the fast-approaching decision. [Read more…] about High Plains Ag Week 3/8/2021 – The ARC/PLC Choice
High Plains Ag Week 2/8/2021 – Corn & Sorghum
Today I’m continuing my series on the state of commodity markets for several Texas High Plains commodities. We continue the series today with the corn and sorghum markets. No surprise to those who keep up with agricultural markets; sorghum is a star at the moment. You can see a similar post for the wheat market in last week’s post. Over the rest of February I’ll also cover the markets for cotton and cattle.
[Read more…] about High Plains Ag Week 2/8/2021 – Corn & Sorghum