In July 2020, the National Cattleman’s Beef Association (NCBA) announced support for a voluntary framework to “increase frequent and transparent negotiated trade to regionally sufficient level” to achieve robust price discovery. A set of “triggers” evaluated on a quarterly basis form the framework. Today is the second in a two-part post on the results of Q1. How did each region perform during Q1? What are the takeaways from these outcomes?
High Plains Ag Week 4/19/2021 – Review of First Quarter Fed Cattle Negotiated Trade Part 1
In July 2020, the National Cattleman’s Beef Association (NCBA) announced support for a voluntary framework to “increase frequent and transparent negotiated trade to regionally sufficient level” to achieve robust price discovery. A set of “triggers” evaluated on a quarterly basis form the framework. Today is the first in a two-part post on the results of Q1. What led to the voluntary framework and what is the 75% Plan?
High Plains Ag Week 4/12/2021 – Costs from Hemp Final Rule
On January 19, 2021 the USDA published the final rule, “Establishment of a Domestic Hemp Production Program”. The rule includes a valuable estimate of costs for those considering hemp production. For a review of the legal aspects of the final rule, check out this Texas Ag Law Blog post.
[Read more…] about High Plains Ag Week 4/12/2021 – Costs from Hemp Final Rule
High Plains Ag Week 4/5/2021 – Sheep & Goat Update
Easter is a popular holiday for lamb consumption around the United States. In addition to Easter, holidays like Passover and Ramadan are in progress or approaching fast. These holidays make mid spring through late spring an important time for sheep and goat markets. Don’t forget to check out AgriLife’s Small Ruminant Market Price Analysis Project.
[Read more…] about High Plains Ag Week 4/5/2021 – Sheep & Goat Update
High Plains Ag Week 3/29/2021 – Quarterly Review
Today, a review of my top posts from the first quarter of 2021 and a quarterly macroeconomic and agriculture economy update. [Read more…] about High Plains Ag Week 3/29/2021 – Quarterly Review
High Plains Ag Week 3/22/2021 – Hemp Education Video Series
This week, I’m excited to announce a project I’ve been a part of developing for the last two years. As part of a Southern Extension Risk Management Education Center grant, AgriLife faculty have developed a series of resources on the economic and legal considerations for Texans when growing hemp. You can find our video series here.
[Read more…] about High Plains Ag Week 3/22/2021 – Hemp Education Video Series
High Plains Ag Week 3/15/2021 – A Year in Ag Since Lockdown
A full year in a pandemic. What did it mean for agriculture?
[Read more…] about High Plains Ag Week 3/15/2021 – A Year in Ag Since Lockdown
High Plains Ag Week 3/8/2021 – The ARC/PLC Choice
2021 is the first year in which producers will be able to choose ARC or PLC on an annual basis. Today, a tool that will help producers with the fast-approaching decision. [Read more…] about High Plains Ag Week 3/8/2021 – The ARC/PLC Choice
High Plains Ag Week 3/1/2021 – Gain or Grain?
March 15 is the deadline for many crop insurance decisions. That means the time has come for producers of grazed wheat to make the decision; will gain or grain be the more profitable enterprise in 2021?
[Read more…] about High Plains Ag Week 3/1/2021 – Gain or Grain?
High Plains Ag Week 2/22/2021 – Cattle
Today I’m wrapping my February series on the state of commodity markets for several Texas High Plains commodities. Today I’ll discuss the challenges facing the cattle market, and reasons for some optimism moving forward. You can see similar posts for the wheat, corn, sorghum, and cotton markets by visiting my earlier February posts. Next week we’ll visit the ‘gain vs. grain’ decision for winter wheat and that all-important March 15 decision.
Photo Credit: Tiffany Dowell Lashmet