We are approaching the end of graze-out season for stocker calves on winter wheat. What are your options? What kind of price can you expect for feeder calves at the sale barn? Is there any profit in retaining ownership in 2021? [Read more…] about High Plains Ag Week 5/17/2021 – Retained Ownership Estimates for 2021
In April USDA released the Annual Livestock Slaughter summary. You’ve probably heard about chicken shortages popping up. We all experienced the impacts of low meat processing capacity last year at the onset of the pandemic. With all of these disruptions, how did total production pan out in 2020? [Read more…] about High Plains Ag Week 5/10/2021 – Review of Annual Livestock Slaughter Report
What is the value of supplemental feeding? Should I feed hay? How much? What is the financial gain or loss? With the drought worsening across Texas and the western U.S. it is vital to find the most cost effective supplemental feeding strategy available. [Read more…] about High Plains Ag Week 5/3/2021 – How profitable are your supplemental feeding decisions?
In July 2020, the National Cattleman’s Beef Association (NCBA) announced support for a voluntary framework to “increase frequent and transparent negotiated trade to regionally sufficient level” to achieve robust price discovery. A set of “triggers” evaluated on a quarterly basis form the framework. Today is the second in a two-part post on the results of Q1. How did each region perform during Q1? What are the takeaways from these outcomes?
In July 2020, the National Cattleman’s Beef Association (NCBA) announced support for a voluntary framework to “increase frequent and transparent negotiated trade to regionally sufficient level” to achieve robust price discovery. A set of “triggers” evaluated on a quarterly basis form the framework. Today is the first in a two-part post on the results of Q1. What led to the voluntary framework and what is the 75% Plan?
March 15 is the deadline for many crop insurance decisions. That means the time has come for producers of grazed wheat to make the decision; will gain or grain be the more profitable enterprise in 2021?
Today I’m wrapping my February series on the state of commodity markets for several Texas High Plains commodities. Today I’ll discuss the challenges facing the cattle market, and reasons for some optimism moving forward. You can see similar posts for the wheat, corn, sorghum, and cotton markets by visiting my earlier February posts. Next week we’ll visit the ‘gain vs. grain’ decision for winter wheat and that all-important March 15 decision.
Photo Credit: Tiffany Dowell Lashmet
The application deadline for the Livestock Forage Program (LFP) is coming at the end of this week. Today I revisit a post from the fall on how LFP works. I’ve also included updated versions of USDA’s county maps for eligible payment months by forage crop. [Read more…] about High Plains Ag Week 1/25/2021 – Review of LFP
It’s that time of year again. We’ve updated the District 1 AgriLife budgets to incorporate 2021 crop year projections. Take a look at some of the changes we can expect in the coming year.
If you’re reading this it means we made it! December 2020 was a wild ride in most agricultural markets. I’m not sure we should be surprised given the rest of 2020. I’ll dive in to several topics today including some information on crop prices, livestock prices, the weather outlook, and policy reminders. Remember to contact me if you have thoughts, suggestions, or questions at email@example.com