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High Plains Ag Week 6/13/2022 – Corn & Sorghum Market Update

June 13, 2022 by justin.benavidez

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

Filed Under: Corn, Crops, High Plains Ag Week, Sorghum

High Plains Ag Week 5/23/2022 – Fertilization Break Even Calculation

May 23, 2022 by justin.benavidez

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

Filed Under: Business Management, Corn, Cotton, Crops, High Plains Ag Week, Risk Management, Sorghum

High Plains Ag Week 5/16/2022 – WASDE Review

May 16, 2022 by justin.benavidez

(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

Filed Under: Business Management, Corn, Cotton, High Plains Ag Week, Marketing Plan, Risk Management, Sorghum, Uncategorized, Wheat

High Plains Ag Week 5/2/2022 – Wheat Irrigation Analysis

May 2, 2022 by justin.benavidez

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

Filed Under: High Plains Ag Week, Wheat

High Plains Ag Week 3/21/2022 – Dryland Wheat Alternatives

March 22, 2022 by justin.benavidez

(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

Filed Under: Business Management, High Plains Ag Week, Risk Management, Uncategorized, Wheat

High Plains Ag Week 3/7/2022 – Russian Invasion of Ukraine effects in our Operations

March 8, 2022 by justin.benavidez

(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

Filed Under: Business Management, Cattle, Cotton, High Plains Ag Week, Impact of Agribusiness in the High Plains Trade Area, Risk Management, Texas A&M AgriLife Extension Resources, Uncategorized, Wheat

High Plains Ag Week 2/28/2022 – Cotton Market Update

February 27, 2022 by justin.benavidez

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

Filed Under: Cotton, Crops, Risk Management

High Plains Ag Week 2-14-2022 – Corn & Sorghum Market Update

February 14, 2022 by justin.benavidez

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?
[Read more…] about High Plains Ag Week 2-14-2022 – Corn & Sorghum Market Update

Filed Under: Corn, Sorghum

High Plains Ag Week 1-31-2022 – Rules of Thumb for Input Cost Management

January 30, 2022 by justin.benavidez

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.

[Read more…] about High Plains Ag Week 1-31-2022 – Rules of Thumb for Input Cost Management

Filed Under: Business Management, Corn, Cotton, Crops, High Plains Ag Week, Marketing Plan, Peanuts, Risk Management, Sorghum, Texas A&M AgriLife Extension Resources, Wheat

High Plains Ag Week 1/10/2022 – AgriLife Budgets and Rising Input Prices

January 13, 2022 by justin.benavidez

Today we take a look at Texas A&M AgriLife Budgets in the Crop Profitability Analyzer. We’re a bit later in the week in order to highlight a new report out of AFPC focusing on fertilizer prices, which we’ll discuss along with changes in custom service rates, chemicals, and more.

 

 

 

[Read more…] about High Plains Ag Week 1/10/2022 – AgriLife Budgets and Rising Input Prices

Filed Under: Business Management, Cattle, Crops, High Plains Ag Week, Marketing Plan, Risk Management

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