Ag Economics on the Plains
Ag Economics on the Plains

High Plains Ag Week 3/7/2024 – Analyzing Profitability Using the South Plains Profitability Spreadsheet

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Calculator and penChoosing 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

High Plains Ag Week – 2/22/2024 – ARC-CO & PLC in 2024

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Irrigation system in fieldThe 2018 Farm Bill has been extended through September 30, 2024.  This means that producers may enroll in Title I programs as a part of their risk management plan this year.  This post will explain how two of these programs protect farms against price and/or revenue losses.   [Read more…] about High Plains Ag Week – 2/22/2024 – ARC-CO & PLC in 2024

High Plains Ag Week – 1/31/2024 – A Look at the 2024 Cotton Budgets

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Picture of a Cotton Field

Aug. 9, 2022 in College Station, Texas. (Sam Craft/Texas A&M AgriLife Marketing and Communications)

The 2024 crop and livestock budgets will soon be available for all districts on the Texas A&M AgriLife Extension Agricultural Economics website.  In this post, we look at the numbers in the budgets for cotton production in Districts 1 and 2. [Read more…] about High Plains Ag Week – 1/31/2024 – A Look at the 2024 Cotton Budgets

High Plains Ag Week 1/24/2024 – Wheat Grain vs. Grazing?

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

Wheat prices in our Texas region have been decreasing month by month, lowering profitability expectations for producers in our area. Today, we will compare and analyze what may be more convenient: wheat grain or grazing.

 

 

 

 

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High Plains Ag Week 11/22/2023 – Wheat 2023 Breakeven Price Analysis

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

Preliminary wheat budget results showed production costs decreased by around 10% compared to last year. However, net margins are expected to decrease too. Breakeven prices are close to or higher than July 2024 wheat market prices for this region.

 

 

 

[Read more…] about High Plains Ag Week 11/22/2023 – Wheat 2023 Breakeven Price Analysis

High Plains Ag Week 10/27/2023 – Cottonseed Markets

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

When we think of cotton, we think primarily of the fiber used in producing clothing, bed sheets, towels, and other textiles.  However, cottonseed, a byproduct of cotton production, has a variety of uses that make it valuable as well.  In today’s post, we discuss the uses and pricing of cottonseed. [Read more…] about High Plains Ag Week 10/27/2023 – Cottonseed Markets

High Plains Ag Week – 10/05/23 – Making Cotton Harvest Decisions

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After a hot and dry summer, many producers will face the difficult choice of whether to harvest cotton from low-yielding fields.  Today, we will review a decision aid called the Cotton Harvest Decision Budget.  This tool will help you analyze the harvest decision for low-yielding cotton fields to determine whether harvesting this cotton will be a profitable decision this year.

[Read more…] about High Plains Ag Week – 10/05/23 – Making Cotton Harvest Decisions