(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
Lack of rainfall in many areas and high fertilizer costs are the two biggest concerns determining bermudagrass hay production this year. Today we will review our District budgets, breakeven prices, and fertilization decision aids for a profitable bermudagrass hay production.
[Read more…] about High Plains Ag Week 6/6/2022 – Bermudagrass Hay Production and Fertilization
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)
There is a growth market for “program cattle” for weaned calves and feeder cattle produced and marketed under a specific production system. Today, we will discuss the potential benefits of implementing these programs in your operation, and the importance of using a partial budget to analyze how profitable can be on your ranch. [Read more…] about High Plains Ag Week 4/25/2022 – Program Cattle – Added Revenue vs Added Costs
As we approach Easter, we return to the still-hot lamb market. What are the trends in demand? What do supplies look like? What can we say about the outlook for sustained premiums in this growing market?
[Read more…] about High Plains Ag Week 4/11/2022 – Sheep Market Update