The Drought, Exports, and Cotton Prices

The Drought, Exports, and Cotton Prices

The drought of 2022 in Texas has taken its toll on U.S. cotton production, with USDA forecast 13.8 million bales (mb) (or 3.7 mb lower than 2021). Lower output equals lower exports, with current forecasted exports of 12.5 mb, down 14% from the previous year (See...

Adding Value to Feeder Calves

Adding Value to Feeder Calves

As spring-born calves across the country reach the end of their stay at their farm or ranch of origin, it is important to consider management options like implanting, weaning, castrating bull calves, and dehorning that add value on sale day. Each choice requires an...

Growth in Forward Delivery Beef Sales

Growth in Forward Delivery Beef Sales

In 2022, beef production has been higher than last year. An indication of beef demand can be seen in wholesale beef prices. Anderson (2022) highlighted how the wholesale price of primals translate to the retail consumer. In addition to the boxed beef cutout value...

Wheat Acres in the South

Wheat Acres in the South

The Southern region of the United States is more associated with cotton production than wheat. Yet, from 2005 to 2022, a time of high grain prices associated with increased production of biofuels, wheat planted acres in the South, on average, have exceeded that of...

Value of Bred Heifers in 2023

Value of Bred Heifers in 2023

Most livestock marketing and management discussions over the past six to nine months have focused on the drought, high feed prices, and increased cow and heifer slaughter. These discussions generally pertain to what cattle producers need to do in the immediate future....

Refinement of U.S. Cotton Production Forecasts

Refinement of U.S. Cotton Production Forecasts

The picture painted by the U.S. Department of Agriculture (USDA) of U.S. cotton production has been reframed several times this year already.  In August, USDA cut a historically large three million bales off of their previous month’s forecast.  The direction of that...

Peer Advisory Groups

Peer Advisory Groups

Agricultural producers use various resources to continue learning and implementing new practices and technologies. Peer advisory groups are an essential tool for progressive and business-minded farmers or ranchers who seek continuous growth and improvement of their ag...

Drought Continues to Impact Cattle Flow

Drought Continues to Impact Cattle Flow

The latest USDA Cattle on Feed report was released on Friday and showed drought conditions continued to impact cattle movement into feedlots during August. Dry weather and poor pasture conditions in some areas have likely led to producers selling cattle...

Should We Form a Cooperative?

Should We Form a Cooperative?

On occasion, I am approached by a group of producers who have a business idea that is too big for any one producer to achieve. Their first thought is “we need a cooperative.” Their second thought is often “what is a cooperative, and how does it work?” Simply put, a...

Why is Trade Freedom Important?

Why is Trade Freedom Important?

Recently the importance of agricultural trade for the United States was discussed which accounts for over one-third of U.S. gross farm income.  However, the benefits of trade freedom or having less trade barriers go well beyond a specific industry or country...

Wholesale Beef Prices

Wholesale Beef Prices

On livestock market Tuesdays, the authors normally highlight events in livestock markets.  Today we are looking beyond the farmgate to examine wholesale beef prices (we’ll look at pork, poultry, and dairy products in future SATs).  The boxed beef cutout is the value...

On-Farm Grain Storage in Southern States

On-Farm Grain Storage in Southern States

On-farm grain storage can provide multiple benefits to producers. One of the major benefits is increased marketing flexibility. Grain storage allows producers to take advantage of the seasonal nature of grain prices. Typically, grain prices are at the lowest point...

Cow Slaughter in the South

Cow Slaughter in the South

There has been a lot written about beef cow culling this year due to drought and high costs and most of that has focused nationally.  This article looks at cow slaughter in the South.  Federally inspected beef and dairy cow slaughter is reported...

Heirs Property and Agriculture

Heirs Property and Agriculture

Heirs property has become an important topic in agriculture. The term “heirs property,” describes a form of ownership where at least some of the owners have acquired the property through inheritance. As the property passes down through the generations, more and more...