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High Plains Ag Week 10/27/2023 – Cottonseed Markets

October 27, 2023 by pancho.abello

(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

Filed Under: Business Management, Cotton, High Plains Ag Week, Marketing Plan, Uncategorized

High Plains Ag Week 10/18/2023 – Peanut Market Update

October 20, 2023 by pancho.abello

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

Filed Under: High Plains Ag Week, Marketing Plan, Peanuts, Risk Management, Uncategorized

High Plains Ag Week – 10/05/23 – Making Cotton Harvest Decisions

October 6, 2023 by amarilloagecon

After a hot and dry summer, many producers will face the difficult choice of whether to harvest cotton from low-yielding fields.  Today, we will review a decision aid called the Cotton Harvest Decision Budget.  This tool will help you analyze the harvest decision for low-yielding cotton fields to determine whether harvesting this cotton will be a profitable decision this year.

[Read more…] about High Plains Ag Week – 10/05/23 – Making Cotton Harvest Decisions

Filed Under: Cotton, High Plains Ag Week, Marketing Plan

High Plains Ag Week – 9/29/23 – PRF Decision Making for 2024

September 29, 2023 by pancho.abello

The USDA’s Pasture, Rangeland, and Forage Insurance (PRF) has shown to be an essential tool that supports ranchers during these times. Today, we will review how this insurance works, with an example from Wise County.

 

[Read more…] about High Plains Ag Week – 9/29/23 – PRF Decision Making for 2024

Filed Under: Business Management, Drought, High Plains Ag Week, Livestock, Risk Management, Uncategorized

High Plains Ag Week – 9/22/23 – Beef Cattle Market Update

September 22, 2023 by pancho.abello

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

We continue our review of fall markets by looking at the beef cattle market.  Beef cattle prices have been high this year because of tight supplies and strong demand for beef.  Four factors to keep an eye on in the last part of the year are retail demand, beef production, feed costs, and weather. [Read more…] about High Plains Ag Week – 9/22/23 – Beef Cattle Market Update

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

High Plains Ag Week – 9/1/23 – Wheat Market Drivers

September 1, 2023 by pancho.abello

Over the past couple of months, wheat prices have experienced a decline, reaching close to breakeven prices for many of us across the plains. [Read more…] about High Plains Ag Week – 9/1/23 – Wheat Market Drivers

Filed Under: Business Management, High Plains Ag Week, Marketing Plan, Risk Management, Wheat

High Plains Ag Week – 8/24/23 – Feed Grains Update

August 24, 2023 by amarilloagecon

This week, we provide an update on the grain markets and look at the current supply and use projections for corn and sorghum in the August USDA World Agricultural Supply and Demand Estimate (WASDE) Report.

 

 

 

 

[Read more…] about High Plains Ag Week – 8/24/23 – Feed Grains Update

Filed Under: Crops, Food, High Plains Ag Week, Texas A&M AgriLife Extension Resources Tagged With: Feed Grains, Grain

High Plains Ag Week – 8/17/23 – Wildfires in Texas

August 17, 2023 by pancho.abello

Last couple of weeks numerous wildfire events across Texas have unfortunately developed producing many unmeasurable losses. Today we will review the USDA LIP program that supports ranchers that suffered livestock losses due to wildfires and other weather-related events. [Read more…] about High Plains Ag Week – 8/17/23 – Wildfires in Texas

Filed Under: Cattle, Diaster Program, High Plains Ag Week, Livestock, Risk Management, Uncategorized

High Plains Ag Week – 8/15/23 Cotton Production & Market Update

August 15, 2023 by amarilloagecon

The USDA National Agricultural Statistics Service (NASS) released its latest crop production report and World Agriculture Supply and Demand (WASDE) report today.  In this post, we’ll look at what these reports have to say about 2023/2024 cotton production, supply, and demand.

[Read more…] about High Plains Ag Week – 8/15/23 Cotton Production & Market Update

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

High Plains Ag Week – 7/19/23 – The Power of Peer Advisory Groups.

July 20, 2023 by pancho.abello

Continuous learning and adopting innovative practices and technologies are crucial for farmers and ranchers to stay ahead. Among the numerous resources available, one invaluable tool stands out for progressive and business-minded ag producers – peer advisory groups.

[Read more…] about High Plains Ag Week – 7/19/23 – The Power of Peer Advisory Groups.

Filed Under: Business Management, Cattle, Crops, 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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