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High Plains Ag Week – 1/18/2023 – Budgets and Input Price Changes

January 17, 2023 by justin.benavidez

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

Filed Under: Business Management, Cattle, Corn, Cotton, Crops, Marketing Plan, Peanuts, Risk Management, Sorghum, Wheat

High Plains Ag Week – 1/11/2023 – Livestock Forage Disaster Program

January 11, 2023 by amarilloagecon

 

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

Filed Under: Cattle, Diaster Program, Drought, Forage, Livestock, Texas A&M AgriLife Extension Resources Tagged With: Cattle, Disaster Program, Drought, Forage, Livestock

High Plains Ag Week 1/4/2023 – Master Marketer Vernon

January 4, 2023 by justin.benavidez

Since 1996, Master Marketer has taught producers to reduce risk and gain profit through an intensive eight-day series that includes crop and livestock outlooks, developing marketing skills, and a trading game simulating marketing in an actual historic year. This year the flagship program returns to Vernon. [Read more…] about High Plains Ag Week 1/4/2023 – Master Marketer Vernon

Filed Under: Uncategorized

High Plains Ag Week 12/12/2022 – Cotton Market Update

December 15, 2022 by justin.benavidez

Where are the fundamentals for the cotton market as we approach the end of the year? What does the global economic picture mean for the upcoming crop year?

 

 

[Read more…] about High Plains Ag Week 12/12/2022 – Cotton Market Update

Filed Under: Cotton, Crops, High Plains Ag Week

High Plains Ag Week 12/5/2022 – Beef Cattle Market Update

December 5, 2022 by justin.benavidez

(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

Filed Under: Business Management, Cattle, High Plains Ag Week, Marketing Plan, Risk Management, Texas A&M AgriLife Extension Resources

High Plains Ag Week 11/21/2022 – Peanut Market Update

November 22, 2022 by justin.benavidez

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

Filed Under: High Plains Ag Week, Marketing Plan, Peanuts, Texas A&M AgriLife Extension Resources, Uncategorized

High Plains Ag Week 11/14/2022 – Coarse Grain Market Update

November 16, 2022 by justin.benavidez

We continue with our fall market updates this week, spending some time with the corn and sorghum markets. With lower yields and higher prices, what are some early predictions for the marketing year and production year 23/24?

[Read more…] about High Plains Ag Week 11/14/2022 – Coarse Grain Market Update

Filed Under: Corn, Crops, High Plains Ag Week, Sorghum

High Plains Ag Week 11/7/2022 – Wheat Market Update

November 7, 2022 by justin.benavidez

(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

Filed Under: Business Management, High Plains Ag Week, Marketing Plan, Risk Management, Uncategorized, Wheat

High Plains Ag Week 10/31/2022 – Livestock Risk Management Publication Available

October 31, 2022 by justin.benavidez

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

Filed Under: Ag Policy, Cattle, Forage, High Plains Ag Week, Marketing Plan, Risk Management, Texas A&M AgriLife Extension Resources

High Plains Ag Week 10/10/2022 – PRF Decision for Upcoming year

October 10, 2022 by justin.benavidez

(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

Filed Under: Ag Policy, Business Management, Cattle, Forage, High Plains Ag Week, Risk Management, Texas A&M AgriLife Extension Resources, Uncategorized

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Welcome!

The Amarillo Econ blog is a platform that provides regular updates to stakeholders in the world of agriculture on agricultural markets, research findings from agricultural economists, current issues facing the field of agriculture, and the implications of regularly released USDA reports.

We will also use the blog and social media under the Amarillo AgEcon banner to announce new tools and programs conducted by Texas A&M AgriLife Extension faculty and staff.

There are two main types of blog posts on this page;

High Plains Ag Week: These posts talk a bit about the market movement over the week in corn, wheat, cotton, and fat and feeder cattle. We’ll also provide some insight into potential market movers and upcoming events for the following week. Additionally we’ll highlight interesting news stories from the week, and provide a list of upcoming deadlines for things like insurance and USDA program signups.

It Depends:

Where ‘High Plains Ag Week’ will mostly be posts about current events, the series called ‘It Depends’ functions more as an educational outlet. We’ll look at current events, or things we’re reading about and find interesting, and examine them through the lens of economics. We hope to use ‘It Depends’ to provide some answers to everyday questions from the world of economics, particularly as those questions relate to agriculture. On that note, if there are topics that you are interested in hearing about please let us know!

 

Whether you’re a farmer or rancher, in rural real estate, work in the commodity markets, provide products and services to producers, or you’re just new to the field of agriculture and want to learn more, we’ve got something for you.

 

You can follow us on Twitter @AmarilloAgecon, and like us on Facebook at Amarillo AgEcon.

 

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