In this post, we look at commodity basis and discuss how understanding a commodity’s basis can help you as you develop a marketing plan.
[Read more…] about High Plains Ag Week – 4/19/2023 – Basis and How to Manage It
High Plains Ag Week – 4/5/2023 – An Introduction to Carbon Credits and Carbon Markets
Carbon markets have been a trendy topic lately and present producers with a potential new revenue source for their operation. This post briefly describes the basics of what carbon credits are and how carbon markets/contracts are structured. At the end of the post, I provide a set of links to additional articles that provide a more in-depth discussion of some of the legal and economic considerations related to carbon contracts.
High Plains Ag Week – 3/29/2023 – A Look at the 2023 Cow-Calf Budget
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
The 2023 crop and livestock budgets for District 3 are posted, and the budgets are available for all districts on the AgriLife Extension Agricultural Economics website. Today, we look at the expected costs and returns from the Cow-Calf budgets in the Rolling Plains.
[Read more…] about High Plains Ag Week – 3/29/2023 – A Look at the 2023 Cow-Calf Budget
High Plains Ag Week – 2/1/2023 – A Look at the 2023 Corn & Sorghum Budgets
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.
[Read more…] about High Plains Ag Week – 2/1/2023 – A Look at the 2023 Corn & Sorghum Budgets
High Plains Ag Week – 1/25/2023 – A Look at the 2023 Cotton Budgets
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
High Plains Ag Week – 1/11/2023 – Livestock Forage Disaster Program
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
High Plains Ag Week 12/5/2022 – Beef Cattle 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
High Plains Ag Week 11/21/2022 – Peanut 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
High Plains Ag Week 10/31/2022 – Livestock Risk Management Publication Available
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
High Plains Ag Week 10/10/2022 – PRF Decision for Upcoming year
(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