Rapidly increasing input prices were a major concern in the 2022 crop year. What do input prices look like as we approach 2023’s planting season? Updated AgriLife Crop & Livestock Budgets, as well as some updated decision tools can help you make this year’s production decisions.
[Read more…] about High Plains Ag Week – 1/18/2023 – Budgets and Input Price Changes
(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
(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
(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)
Ranchers face many price risks associated with cattle marketing, as we saw these last years. USDA changes in LRP made this tool more appealing to ranchers that want to reduce price risk.
(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)
This year’s drought is still producing significant losses to many ranchers in the State of Texas. Today, we will look into two more USDA programs to help ranchers cape the drought, Livestock Forage Disaster Program and the Emergency Assistance for Livestock, Honeybees, and Farm-Raised Fish Program.
[Read more…] about High Plain Ag Week 8/8/2022 – USDA Programs to Support Drought Losses
Fire activity on the Coconut Fire in Wilbarger County on May 17, 2022
Numerous wildfire events across the State of Texas have unfortunately developed these last months producing many losses to many ranchers. Today we will review one USDA program that supports ranchers that have livestock losses due to wildfires and other weather-related events.
[Read more…] about High Plains Ag Week 7/25/2022 – Livestock Indemnity Program Review
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