Ag Economics on the Plains
Ag Economics on the Plains

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

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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

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(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

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

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(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

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

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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 9/20/2021 – Grazing Decision Aids and Wheat Pricing for Grazing

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Today we return to winter wheat decision making. Whether you’re a rancher looking for forage or a landowner looking for a partner to graze, its important to consider the leasing structure. What will you pay/accept? Is it on gain or per head? Today we review some more profitability outcomes for different leasing rates on winter wheat.

[Read more…] about High Plains Ag Week 9/20/2021 – Grazing Decision Aids and Wheat Pricing for Grazing

High Plains Ag Week 9/13/2021 – Updated Winter Wheat & Winter Stocker Budgets

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It’s time to consider winter enterprise options with updated forecasts. Today we’ll review profitability outcomes for winter wheat and winter stocker operations, and revisit a few tools that can help you with fall decision-making. [Read more…] about High Plains Ag Week 9/13/2021 – Updated Winter Wheat & Winter Stocker Budgets