This week we update Dryland Wheat Budgets and compare them with some grazing scenarios. This will be another year of high production costs and weather uncertainty that will require optimizing our results and having a good marketing plan. [Read more…] about High Plains Ag Week 9/26/2022 – Dryland Wheat Budgets Update
High Plains Ag Week 9/19/2022 – Fall Update of Winter Stocker Budgets
Today, an update of Texas High Plains stocker cattle budgets with new market values and considerations for managing calves for increased value. [Read more…] about High Plains Ag Week 9/19/2022 – Fall Update of Winter Stocker Budgets
High Plains Ag Week 7/11/2022 – USDA June Acreage Report Review
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 6/20/2022 – Wheat Market Update
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
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 5/2/2022 – Wheat Irrigation Analysis
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
High Plains Ag Week 3/21/2022 – Dryland Wheat Alternatives
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
High Plains Ag Week 3/7/2022 – Russian Invasion of Ukraine effects in our Operations
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
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.
[Read more…] about High Plains Ag Week 1-31-2022 – Rules of Thumb for Input Cost Management
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