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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

High Plains Ag Week 10/3/2022 – Culling and Potential Restocking Opportunities

October 3, 2022 by justin.benavidez

Cull cow markets are cooling, but still relatively hot. If you’ve got open cows, its past time to market them. Are there any realistic trades to make where grass is available?

[Read more…] about High Plains Ag Week 10/3/2022 – Culling and Potential Restocking Opportunities

Filed Under: Business Management, Cattle, High Plains Ag Week

High Plains Ag Week 9/26/2022 – Dryland Wheat Budgets Update

September 29, 2022 by justin.benavidez

Laura McKenzie/Texas A&M AgriLife Marketing and Communications.

This week we update Dryland Wheat Budgets and compare them with some grazing scenarios. This will be another year of high production costs and weather uncertainty that will require optimizing our results and having a good marketing plan. [Read more…] about High Plains Ag Week 9/26/2022 – Dryland Wheat Budgets Update

Filed Under: Business Management, Cattle, High Plains Ag Week, Uncategorized, Wheat

High Plains Ag Week 9/19/2022 – Fall Update of Winter Stocker Budgets

September 18, 2022 by justin.benavidez

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

Filed Under: Cattle, High Plains Ag Week, Texas A&M AgriLife Extension Resources, Wheat

High Plains Ag Week 9/12/2022 – Price Management Tools for Calves and Stockers – LRP

September 12, 2022 by justin.benavidez

(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)

Ranchers face many price risks associated with cattle marketing, as we saw these last years. USDA changes in LRP made this tool more appealing to ranchers that want to reduce price risk.

[Read more…] about High Plains Ag Week 9/12/2022 – Price Management Tools for Calves and Stockers – LRP

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

High Plains Ag Week 8/15/2022 – USDA Land Values

August 15, 2022 by justin.benavidez

On August 5th the USDA published its annual Land Values Summary Report. Today we review the trends in land prices nationwide and in Texas.

[Read more…] about High Plains Ag Week 8/15/2022 – USDA Land Values

Filed Under: Business Management, High Plains Ag Week

High Plain Ag Week 8/8/2022 – USDA Programs to Support Drought Losses

August 8, 2022 by justin.benavidez

(Courtney Sacco/Texas A&M AgriLife Marketing and Communications)

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.

[Read more…] about High Plain Ag Week 8/8/2022 – USDA Programs to Support Drought Losses

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

High Plains Ag Week 8/1/2022 – State of the Drought

August 1, 2022 by justin.benavidez

Its no secret that drought is forcing tough decisions on producers in Texas and across the country. Today we provide an update on the state of the drought, the outlook for the summer and falls weather, and a series of videos intended to provide options for managing through this drought.

 

 

 

 

 

[Read more…] about High Plains Ag Week 8/1/2022 – State of the Drought

Filed Under: High Plains Ag Week

High Plains Ag Week 7/25/2022 – Livestock Indemnity Program Review

July 25, 2022 by justin.benavidez

Fire activity on the Coconut Fire in Wilbarger County on May 17, 2022

Numerous wildfire events across the State of Texas have unfortunately developed these last months producing many losses to many ranchers.  Today we will review one USDA program that supports ranchers that have livestock losses due to wildfires and other weather-related events.

 

 

[Read more…] about High Plains Ag Week 7/25/2022 – Livestock Indemnity Program Review

Filed Under: Business Management, Cattle, High Plains Ag Week, Risk Management, Sheep, 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.

 

Recent Posts

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

Recent Comments

  • Texas Ag Law Blog - TownTalk Radio on High Plains Ag Week 1/25/2021 – Review of LFP
  • Weekly Ag Law Blog - TownTalk Radio on High Plains Ag Week 10/12/2020
  • Texas Weekly Ag Law Roundup from Tiffany Lashmet - TownTalk Radio on High Plains Ag Week 4/17/2020

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