Last week’s WASDE report projected tightened ending stocks primarily due to weather conditions and Russia’s invasion of Ukraine. The chances of increasing ending stocks to previous levels during this season are very low. Today will review the WASDE report and discuss those factors that have created this bullish market reaction. [Read more…] about High Plains Ag Week 5/16/2022 – WASDE Review
There is a growth market for “program cattle” for weaned calves and feeder cattle produced and marketed under a specific production system. Today, we will discuss the potential benefits of implementing these programs in your operation, and the importance of using a partial budget to analyze how profitable can be on your ranch. [Read more…] about High Plains Ag Week 4/25/2022 – Program Cattle – Added Revenue vs Added Costs
The risk of being in another drought is increasing day after day. It is not too soon to prepare ourselves and dust off those drought plans even if there are still chances for rain and better moisture conditions. Today we will focus on those proactive and reactive strategies that we can implement on our ranches. [Read more…] about High Plains Ag Week 4/4/2022 – Dusting off our Drought Management Plans
Dryland wheat grain and forage conditions in our area are mostly poor and very poor. The Wheat and Small Grain Decision Aids will help you analyze which is the best alternative for your wheat fields according to your expected yields, production costs, equipment, and other variables. [Read more…] about High Plains Ag Week 3/21/2022 – Dryland Wheat Alternatives
In addition to the other horrors generated by the war, the conflict between Ukraine and Russia has destabilized commodity markets. Commodity prices incorporate a substantial risk premium due to the high chances of lower production, higher costs, and more supply chain disruptions. [Read more…] about High Plains Ag Week 3/7/2022 – Russian Invasion of Ukraine effects in our Operations
This week, Pancho Abello gives us a market update on peanuts. While we have seen higher prices than last year, competition against corn and cotton prices and inputs costs will be key to defining contract prices and acreage this year. [Read more…] about High Plains Ag Week 2/21/2022 – Peanuts Market Update
Wheat farmers are facing higher wheat prices than in previous years and higher production costs. Today, Pancho Abello gives us a winter market update on wheat. Which are the local and worldwide drivers to consider? How is La Niña impacting wheat production? [Read more…] about High Plains Ag Week 2-7-2022 – Wheat Market Update
Today we review the January WASDE, which had a significant revision for one major crop grown on the Texas High Plains.
Today on HPAW, we discuss land use in the 26-county area surrounding Amarillo, in a preview of the Impact of Agribusiness in the High Plains Trade Area report.
Happy Day-after-the-4th of July (what some people would call the 5th of July)! Last week’s USDA ‘Acreage’ report saw an unexpectedly high number of acres that sent the DEC Corn contract down significantly with reverse moves in the cattle contracts. [Read more…] about High Plains Ag Week 7/5/19