(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
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
Pressure is mounting on the ’22 DEC Cotton contract as it falls from historic highs. Will the new trading range provide positive margins for producers?
[Read more…] about High Plains Ag Week 6/27/2022 – Cotton Market Update
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
The wheat market has given excellent pricing opportunities during these last months. Today we will focus on those variables that were and are influencing this market. These factors have contributed to the high price premiums we have seen lately. [Read more…] about High Plains Ag Week 6/20/2022 – Wheat 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
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
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
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
The July board price of winter wheat has taken a significant dip from its March highs, but remains 30-35% higher than its value pre-Russia/Ukraine. At the same time, and for some of the same reasons, the cost of irrigation fuel is up 60-65%. With both factors in mind, what are the expected outcomes for late-season wheat irrigation? [Read more…] about High Plains Ag Week 5/2/2022 – Wheat Irrigation Analysis
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
Dryland wheat grain and forage conditions in our area are mostly poor and very poor. The Wheat and Small Grain Decision Aids will help you analyze which is 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 3/21/2022 – Dryland Wheat Alternatives
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
In addition to the other horrors generated by the war, the conflict between Ukraine and Russia has destabilized commodity markets. Commodity prices incorporate a substantial risk premium due to the high chances of lower production, higher costs, and more supply chain disruptions. [Read more…] about High Plains Ag Week 3/7/2022 – Russian Invasion of Ukraine effects in our Operations
Today we spend a bit of time on the cotton market. USDA’s Outlook Forum last week presented a case for relatively high prices against the historic average, though slightly lower year over year.
[Read more…] about High Plains Ag Week 2/28/2022 – Cotton Market Update