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High Plains Ag Week 10/25/2021 – Cotton Market Update

October 25, 2021 by justin.benavidez

Today, we check in on the cotton market for the fall. What are the fundamentals underpinning to $1.08/lb. cotton? What is the profitability picture with $1+ cotton?

[Read more…] about High Plains Ag Week 10/25/2021 – Cotton Market Update

Filed Under: Cotton, Crops

High Plains Ag Week 10/18/2021 – Wheat Market Update

October 18, 2021 by justin.benavidez

Today, Pancho Abello gives us a fall market update on wheat. What are worldwide conditions? Where is the drought having an impact on wheat production? What are some marketing strategies you should consider?

[Read more…] about High Plains Ag Week 10/18/2021 – Wheat Market Update

Filed Under: Crops, Wheat

High Plains Ag Week 10/11/2021 – Corn & Sorghum Update

October 11, 2021 by justin.benavidez

Field crops in Burleson County on July 30, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)

This week we’ll take a look at the fall market outlook for coarse grains. Fundamentals for grain prices remain supportive. However, input costs are becoming a concern across the board, potentially cutting 2022 profits. [Read more…] about High Plains Ag Week 10/11/2021 – Corn & Sorghum Update

Filed Under: Corn, Crops, Sorghum

High Plains Ag Week 10/4/2021 – Peanuts Market Update

October 4, 2021 by justin.benavidez

Today we have the blog’s first ever peanut market outlook! Pancho Abello walks through the Crop Progress Report, Acreage, stocks, and prices.

 

 

 

 

 

[Read more…] about High Plains Ag Week 10/4/2021 – Peanuts Market Update

Filed Under: Crops, Peanuts

High Plains Ag Week 9/27/2021 – Review of 75% Plan Q3

September 27, 2021 by justin.benavidez

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?

[Read more…] about High Plains Ag Week 9/27/2021 – Review of 75% Plan Q3

Filed Under: Ag Policy, Cattle, High Plains Ag Week

High Plains Ag Week 9/20/2021 – Grazing Decision Aids and Wheat Pricing for Grazing

September 20, 2021 by justin.benavidez

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.

[Read more…] about High Plains Ag Week 9/20/2021 – Grazing Decision Aids and Wheat Pricing for Grazing

Filed Under: Cattle, High Plains Ag Week, Wheat

High Plains Ag Week 9/13/2021 – Updated Winter Wheat & Winter Stocker Budgets

September 13, 2021 by justin.benavidez

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

Filed Under: Cattle, High Plains Ag Week, Wheat

High Plains Ag Week 9/6/2021 – Livestock Risk Protection, Plus Pancho Abello Joins the Blog

September 6, 2021 by justin.benavidez

Rural scenes in Burleson and Washington counties on April 7, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)

Ranchers face many risks associated with cattle marketing as we have seen last year with the pandemic. Any good marketing plan requires the knowledge of the available tools in the market that we can used. Each of these tools have their own advantages and disadvantages, and it is important to know them as well as their impact in our operation before making any decision. Today, in his first article as a new author for the Amarillo AgEcon Blog, Pancho Abello, AgriLife Extension Economist for District 3, reviews the Livestock Risk Protection Program.

 

[Read more…] about High Plains Ag Week 9/6/2021 – Livestock Risk Protection, Plus Pancho Abello Joins the Blog

Filed Under: Cattle, Marketing Plan, Risk Management

High Plains Ag Week 5/17/2021 – Retained Ownership Estimates for 2021

May 17, 2021 by justin.benavidez

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

Filed Under: Cattle, High Plains Ag Week

High Plains Ag Week 5/10/2021 – Review of Annual Livestock Slaughter Report

May 10, 2021 by justin.benavidez

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

Filed Under: Cattle, High Plains Ag Week

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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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