The USDA-RMA, has postponed the Pasture, Rangeland, and Forage Pilot Insurance Program (PRF), better known as the rainfall insurance, until December 1st. Incorporating this risk management tool will help reduce the economic impact of a lack of rainfall in our operations.
High Plains Ag Week 11/8/2021 – Land Values
It’s time for our annual review of land prices. What does ASFMRA’s Rural Land Value Trends publication have to say about rural and agricultural land for the Panhandle and the Rolling Plains? [Read more…] about High Plains Ag Week 11/8/2021 – Land Values
High Plains Ag Week 11/2/2021 – Cattle Market Update
I’m a day late on posting this week. But Pancho Abello will tell us whether cattle will come up a dollar short this fall. Today, an overview of cattle prices and some forces impacting the cattle market. [Read more…] about High Plains Ag Week 11/2/2021 – Cattle Market Update
High Plains Ag Week 9/27/2021 – Review of 75% Plan Q3
We’ve reached the end of the third quarter in NCBA’s 75% Plan. How is negotiated trade holding up in each region? What are the prospects for the first year and implications of performance to this point?
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High Plains Ag Week 9/20/2021 – Grazing Decision Aids and Wheat Pricing for Grazing
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.
High Plains Ag Week 9/13/2021 – Updated Winter Wheat & Winter Stocker Budgets
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
High Plains Ag Week 5/17/2021 – Retained Ownership Estimates for 2021
We are approaching the end of graze-out season for stocker calves on winter wheat. What are your options? What kind of price can you expect for feeder calves at the sale barn? Is there any profit in retaining ownership in 2021? [Read more…] about High Plains Ag Week 5/17/2021 – Retained Ownership Estimates for 2021
High Plains Ag Week 5/10/2021 – Review of Annual Livestock Slaughter Report
In April USDA released the Annual Livestock Slaughter summary. You’ve probably heard about chicken shortages popping up. We all experienced the impacts of low meat processing capacity last year at the onset of the pandemic. With all of these disruptions, how did total production pan out in 2020? [Read more…] about High Plains Ag Week 5/10/2021 – Review of Annual Livestock Slaughter Report
High Plains Ag Week 4/12/2021 – Costs from Hemp Final Rule
On January 19, 2021 the USDA published the final rule, “Establishment of a Domestic Hemp Production Program”. The rule includes a valuable estimate of costs for those considering hemp production. For a review of the legal aspects of the final rule, check out this Texas Ag Law Blog post.
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High Plains Ag Week 4/5/2021 – Sheep & Goat Update
Easter is a popular holiday for lamb consumption around the United States. In addition to Easter, holidays like Passover and Ramadan are in progress or approaching fast. These holidays make mid spring through late spring an important time for sheep and goat markets. Don’t forget to check out AgriLife’s Small Ruminant Market Price Analysis Project.
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