The 2023 crop and livestock budgets for District 1 are posted, and the budgets will soon be available for all districts on the AgriLife Extension Agricultural Economics website. Today, we take a look at the expected costs and returns from coarse grains in the High Plains.
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.
The Livestock Forage Disaster program sign-up deadline is coming by the end of January. Last year’s drought triggered significant payments in most counties of Texas. Read the article for more information about your county’s program and eligibility. [Read more…] about High Plains Ag Week – 1/11/2023 – Livestock Forage Disaster Program
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.
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
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.
Today, an update of Texas High Plains stocker cattle budgets with new market values and considerations for managing calves for increased value. [Read more…] about High Plains Ag Week 9/19/2022 – Fall Update of Winter Stocker Budgets
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.
We’re excited to announce the publication of “Where’s the Beef? Legal and Economic Considerations for Direct Beef Sales”
[Read more…] about High Plains Ag Week 7/11/2022 – Direct to Consumer Beef Sales Book Available