The 2018 Farm Bill has been extended through September 30, 2024. This means that producers may enroll in Title I programs as a part of their risk management plan this year. This post will explain how two of these programs protect farms against price and/or revenue losses. [Read more…] about High Plains Ag Week – 2/22/2024 – ARC-CO & PLC in 2024
High Plains Ag Week – 1/31/2024 – A Look at the 2024 Cotton Budgets
Aug. 9, 2022 in College Station, Texas. (Sam Craft/Texas A&M AgriLife Marketing and Communications)
The 2024 crop and livestock budgets will soon be available for all districts on the Texas A&M AgriLife Extension Agricultural Economics website. In this post, we look at the numbers in the budgets for cotton production in Districts 1 and 2. [Read more…] about High Plains Ag Week – 1/31/2024 – A Look at the 2024 Cotton Budgets
High Plains Ag Week 1/24/2024 – Wheat Grain vs. Grazing?
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
Wheat prices in our Texas region have been decreasing month by month, lowering profitability expectations for producers in our area. Today, we will compare and analyze what may be more convenient: wheat grain or grazing.
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High Plains Ag Week – 1/18/2024 – Input Costs for 2024
How will input costs change for crop enterprises on the Texas High Plains? Today, we look at three key inputs to crop production and discuss expectations for the price of these inputs this year.
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High Plains Ag Week 1/10/2024 – Livestock Forage Program Update
The deadline for signing up for the Livestock Forage Disaster program is approaching at the end of January. Last year’s drought-hit many Texas ranchers hard, prompting significant payments across most counties. Contact your FSA office before the January 30 deadline to use this program.
[Read more…] about High Plains Ag Week 1/10/2024 – Livestock Forage Program Update
High Plains Ag Week 11/29/2023 – Cotton Market Update
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
As we come to the end of the year, what do the fundamentals for the cotton market look like? In this post, we look at how cotton prices have moved in 2023, the current supply and demand outlook for the 2023/24 crop, and the macroeconomic picture heading into the new year.
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High Plains Ag Week 11/22/2023 – Wheat 2023 Breakeven Price Analysis
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
Preliminary wheat budget results showed production costs decreased by around 10% compared to last year. However, net margins are expected to decrease too. Breakeven prices are close to or higher than July 2024 wheat market prices for this region.
[Read more…] about High Plains Ag Week 11/22/2023 – Wheat 2023 Breakeven Price Analysis
High Plains Ag Week 11/10/2023 – LRP Decision Making
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
The USDA’s Livestock Risk Protection (LRP) program is a useful tool to help producers manage price risk. In this post, we will explain what LRP does and how it works, and we will discuss two important decisions that producers who wish to use this tool must make. 
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High Plains Ag Week 10/27/2023 – Cottonseed Markets
(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)
When we think of cotton, we think primarily of the fiber used in producing clothing, bed sheets, towels, and other textiles. However, cottonseed, a byproduct of cotton production, has a variety of uses that make it valuable as well. In today’s post, we discuss the uses and pricing of cottonseed. [Read more…] about High Plains Ag Week 10/27/2023 – Cottonseed Markets
High Plains Ag Week 10/18/2023 – Peanut Market Update
Continuing our fall market updates this week, we reviewed the peanuts market. We discuss this season’s recent USDA Crop Progress report data, market trends, and market challenges.
[Read more…] about High Plains Ag Week 10/18/2023 – Peanut Market Update