Cotton field on Sept. 2, 2021. (Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
On Monday, June 30, the USDA released its June Acreage Report. In today’s post, we examine the report’s implications for crop production nationwide and in Texas. [Read more…] about Analyzing the June Acreage Report
Cotton picker on Tuesday, Sep 17, 2024, in El Campo, Texas. (Michael Miller/Texas A&M AgriLife)
The USDA released its May World Agricultural Supply and Demand Estimates on Monday. The May report is significant because it provides our first look at the USDA’s expectations for the upcoming marketing year. Today, we discuss what the report indicates about the 2025/26 season.
[Read more…] about The May WASDE: Expectations for the 2025/26 Marketing Year
Laura McKenzie/Texas A&M AgriLife Marketing and Communications
Check how the USDA Livestock Risk Protection (LRP) program can help you lock in profits and manage price risk; whether you are running a large ranch operation or just a few head.
[Read more…] about How Can We Use Livestock Risk Protection (LRP) in Today’s Market?
Inflation continues to concern consumers, farmers, and policymakers. In this post, we discuss how inflation has impacted prices paid by farms for production inputs. [Read more…] about Macroeconomic Trends in Agriculture: Inflation
Projected crop insurance prices for counties in AgriLife Extension Districts 1 and 2 were set in February. Today, we consider what these prices imply about the financial risk that producers face in 2025. [Read more…] about Projected Crop Insurance Prices and Revenue Guarantees in 2025
Corn on Tuesday, Sep 17, 2024, in El Campo, Texas. (Michael Miller/Texas A&M AgriLife)
The 2025 crop and livestock budgets are available on the Texas A&M AgriLife Extension Economics website. In today’s post, we break down the District 1, District 2, and District 3 corn and sorghum budgets and discuss what they imply about feed grain production in 2025. [Read more…] about Examining the 2025 Corn and Sorghum Budgets
Wheat Alternatives: Maximizing Profitability in a Tough Market
With wheat prices in Texas steadily declining, farmers are once again facing tough decisions about how to maximize returns on their crops. As cash wheat prices dip below the breakeven point, alternative uses for wheat—such as grazing or baling—may offer better profitability. This year, with drier conditions than last and future wheat prices still below breakeven, it’s more important than ever to carefully evaluate your options. By comparing wheat for grain, grazing, and hay, we can determine which strategy is most financially viable given the current market. [Read more…] about Wheat Alternatives
Cotton on the Texas A&M AgriLife Farm in Snook, Texas on Sept. 9, 2021. (Sam Craft/Texas A&M AgriLife Marketing and Communications)
The 2025 crop and livestock budgets will soon be available on the Texas A&M AgriLife Extension Economics website. In today’s post, we break down the District 1 and District 2 cotton budgets and discuss what they imply about cotton production in 2025. [Read more…] about Examining the 2025 Cotton Budgets
As we enter a new year, producers are making plans for a new crop. Those plans will depend in part on their expectations regarding their costs of production. In this post, we’ll discuss our expectations for five important costs in 2025. [Read more…] about Input Costs in 2025
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
Welcome to our final post of the year. Today, we will review the economic topics that garnered the most attention in 2024 and discuss some of the challenges we anticipate in the upcoming year. Andrew and I are wrapping up the blog for 2024. Enjoy this Holiday Season, and see you all next year!
[Read more…] about Ag Economic on the Plains – Year in Review