Aug. 9, 2022 in College Station, Texas. (Sam Craft/Texas A&M AgriLife Marketing and Communications)
Last month, USDA released two important reports: the monthly Crop Production report, and the latest World Agriculture Supply and Demand Estimate (WASDE) report. In this post, we discuss what these reports say about cotton production in 2024.
Field crops in Burleson County on July 30, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
On August 12, USDA released three important reports: the weekly Crop Progress report, the monthly Crop Production report, and the latest World Agriculture Supply and Demand Estimate (WASDE) report. In this post, we discuss what these reports say about corn and sorghum production in 2024. [Read more…] about Corn and Sorghum Market Update
Aug. 9, 2022 in College Station, Texas. (Sam Craft/Texas A&M AgriLife Marketing and Communications)
On June 28, USDA released its Acreage Report for 2024. In this post, we look at how planted acres in 2024 for corn, sorghum, wheat and cotton compares to 2023 and to the March Prospective Plantings survey. We also examine how the Acreage report impacts production estimates in the July WASDE.
[Read more…] about June Report Indicates More Acres Planted to Cotton
Wheat prices have increased in this last month. Still, Texas farmers are facing challenges due to high price basis and high production costs. To be profitable, above-average yields are needed. Today will discuss which breakeven yields do we need have a profitable wheat crop.
Field crops in Burleson County on July 30, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
On May 10, USDA released a new World Agriculture Supply and Demand Estimate (WASDE) report. In this week’s post, we’ll look at what the report has to say about cotton and grain crop production in the 2024/25 crop year. [Read more…] about High Plains Ag Week 5/15/2024 – Reviewing the May WASDE Report
Peer advisory groups are an invaluable tool for progressive and business-minded ag producers. In this article, you’ll learn how peer advisory groups work, their benefits, and how you can join one. These groups offer a unique opportunity for agricultural producers to generate knowledge, improve their operations, and be more profitable!
[Read more…] about Are you looking to improve production and profits? Join a Peer Group Today!
It’s never too late to update your marketing plan for the new growing season. In this post, we will consider some possible marketing strategies for crops, along with some of the risks associated with these strategies.
[Read more…] about High Plains Ag Week 5/1/2024 – Crop Marketing Strategies
Field crops in Burleson County on July 30, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
The 2024 crop and livestock budgets for most districts have been published on the AgriLife Extension Economics website. In this post, we look at the expected costs and returns for corn and sorghum enterprises in the High Plains.
[Read more…] about High Plains Ag Week 4/17/2024 – Corn and Sorghum Budgets in 2024
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
Low wheat grain prices in our Texas region have lowered our profitability expectations in our area. Today, we will compare and analyze what may be more convenient: baling our wheat or harvesting it.
[Read more…] about High Plains Ag Week 3/15/2024 – Wheat baling analysis.
Choosing which crop will be most profitable to produce each year can be difficult. For this reason, economists with Texas A&M AgriLife Extension have developed a spreadsheet tool to help producers with this decision. In this post, we will look at how this tool can help producers analyze and compare the profitability of a set of crop enterprises. [Read more…] about High Plains Ag Week 3/7/2024 – Analyzing Profitability Using the South Plains Profitability Spreadsheet