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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

High Plains Ag Week – 7/13/23 – Reviewing the June Acreage Report

July 13, 2023 by amarilloagecon

The USDA National Agricultural Statistics Service (NASS) released its latest acreage report on June 30.  Today, we review this report.

 

 

[Read more…] about High Plains Ag Week – 7/13/23 – Reviewing the June Acreage Report

Filed Under: Corn, Cotton, Crops, High Plains Ag Week, Marketing Plan, Peanuts, Sorghum, Texas A&M AgriLife Extension Resources, Wheat Tagged With: corn, Cotton, crops, Peanuts, wheat

High Plains Ag Week – 6/21/23 – Happy National Dairy Month

June 22, 2023 by amarilloagecon

June is National Dairy Month, so today we’re talking about all things dairy.  In this post, we’ll look at the U.S. dairy industry by the numbers, how the U.S. likes to consume its dairy products, and how the U.S. dairy industry contributes to global dairy production and consumption.

[Read more…] about High Plains Ag Week – 6/21/23 – Happy National Dairy Month

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

High Plains Ag Week – 6/14/23 – How to Determine the Right Price for Replacement Cows

June 14, 2023 by pancho.abello

(Laura McKenzie/Texas A&M AgriLife Marketing and Communications)

Spring and early summer rainfall have relieved Texas drought conditions, improving pastures and forage production. Today we will review the Bid Price for Beef Cows Decision Aid. This tool will help you analyze the key variables determining how much you should pay for a beef cow. [Read more…] about High Plains Ag Week – 6/14/23 – How to Determine the Right Price for Replacement Cows

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

High Plains Ag Week – 6/7/23 – An Update on the Drought

June 8, 2023 by amarilloagecon

Aug. 9, 2022 in College Station, Texas. (Sam Craft/Texas A&M AgriLife Marketing and Communications)

The Texas High Plains received some much-needed rain in the month of May, but conditions across much of the area are still dry.  In this post, we’ll discuss the current state of the drought, what the current temperature and precipitation outlook is for the next month, and what all of this might mean for production in the region.

[Read more…] about High Plains Ag Week – 6/7/23 – An Update on the Drought

Filed Under: Drought, High Plains Ag Week

High Plains Ag Week – 5/31/23 – Dual-Purpose Annual Forage Insurance Program

May 31, 2023 by pancho.abello

(Sam Craft/Texas A&M AgriLife Marketing and Communications)

With summer approaching, it’s time to consider the Dual-Purpose Annual Forage Insurance Program for our next season’s wheat operations (deadline: July 15). The program has shown long-term positive results for wheat producers in many places in Texas. In today’s blog, we’ll discuss the features and advantages of this program, highlighting how it can benefit farmers across the state. [Read more…] about High Plains Ag Week – 5/31/23 – Dual-Purpose Annual Forage Insurance Program

Filed Under: Business Management, Crops, Forage, High Plains Ag Week

High Plains Ag Week – 5/17/23 – May WASDE Review

May 19, 2023 by amarilloagecon

Last week, USDA released its May WASDE report which includes USDA’s first projections for the 2023/24 crop year.  Today we will review what this report has to say about wheat, corn, sorghum, and cotton this year.

[Read more…] about High Plains Ag Week – 5/17/23 – May WASDE Review

Filed Under: Uncategorized

High Plains Ag Week – 5/3/23 – Machinery Management

May 4, 2023 by amarilloagecon

The costs associated with owning and operating machinery represent a large proportion of the total production costs for many farm operations.  In this post, we will look at the costs associated with machinery ownership as well as the options available to farm managers for obtaining access to machinery services.

[Read more…] about High Plains Ag Week – 5/3/23 – Machinery Management

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

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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

  • Drought Management Tools and Resources for Producers 
  • Wheat: Maximizing Profits in a Tough Year
  • Upcoming Programs in Canyon and Lubbock

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