The 2023 crop and livestock budgets will soon be available for all districts on the AgriLife Extension Agricultural Economics website. Compared to the numbers in the 2022 budgets, revenue from cotton enterprises is expected to remain largely unchanged, while costs are expected to increase.
[Read more…] about High Plains Ag Week – 1/25/2023 – A Look at the 2023 Cotton Budgets
Where are the fundamentals for the cotton market as we approach the end of the year? What does the global economic picture mean for the upcoming crop year?
[Read more…] about High Plains Ag Week 12/12/2022 – Cotton Market Update
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
We continue our fall market reports reviewing the beef cattle market. Beef cattle prices have improved this year, which has undoubtedly helped during this drought. Four crucial market drivers have played and will play a significant role in future prices: Weather, Feed Costs, Beef Production, and Demand. [Read more…] about High Plains Ag Week 12/5/2022 – Beef Cattle Market Update
Continuing with our fall market updates this week, we reviewed the peanuts market. Less harvested acreage this season will potentially lower ending stocks and support future prices.
[Read more…] about High Plains Ag Week 11/21/2022 – Peanut Market Update
We continue with our fall market updates this week, spending some time with the corn and sorghum markets. With lower yields and higher prices, what are some early predictions for the marketing year and production year 23/24?
[Read more…] about High Plains Ag Week 11/14/2022 – Coarse Grain Market Update
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
Early-season wheat prices and winter wheat crop conditions have shown record highs and lows during this planting season. In today’s Wheat Market Update we reviewed the main market drivers for the following season. [Read more…] about High Plains Ag Week 11/7/2022 – Wheat Market Update
In a world where drought, market reports, and geo-political events pressure livestock producers risk management is becoming increasingly important. Faculty from Texas A&M AgriLife and Oklahoma State University came together to produce, “Where’s the Risk: A Livestock Risk Management Handbook.” [Read more…] about High Plains Ag Week 10/31/2022 – Livestock Risk Management Publication Available
(Sam Craft/Texas A&M AgriLife Marketing and Communications)
The 2022 drought has reminded us about its productive, financial, and economic impacts on our business. Today we will review USDA’s Pasture, Rangeland, and Forage Insurance Program (PRF) which has shown to be an essential tool to support ranchers during these times.
[Read more…] about High Plains Ag Week 10/10/2022 – PRF Decision for Upcoming year
Cull cow markets are cooling, but still relatively hot. If you’ve got open cows, its past time to market them. Are there any realistic trades to make where grass is available?
[Read more…] about High Plains Ag Week 10/3/2022 – Culling and Potential Restocking Opportunities
Laura McKenzie/Texas A&M AgriLife Marketing and Communications.
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