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LATEST INDUSTRY NEWS

Wheat prices indicate zero profit per acre.

 

Wheat may be forward contracted for harvest delivery for about 30 cents less than the KC July wheat contract price. The basis range is from a minus 50 cents (southern Oklahoma and Texas Panhandle) to a minus 15 cents (north central Oklahoma). Using a KC July wheat contract price of $5.65, the harvest forward contract price would be $5.35 ($5.65 - $0.30).

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Texas water law serves as a model

The Texas Alliance for Water Conservation offer solutions to the increasingly complex issue of providing adequate water for a rapidly growing population.

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Conaway to lead House Agriculture Committee

New faces show up on the two agriculture committees of the 114th Congress, and new leadership takes over in both the House Ag Committee and the Senate Ag Committee.

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Soybeans coming off Bumper year

The soybean industry is coming off a banner year in 2014. U.S. planted acres, yield, production, and total use set record all-time highs. World soybean production, use, and trade were all at record highs as well.

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USDA says normal water forecast Western states in 2015

While beneficial rains in many areas across the region last fall have given hope of a better start in 2015, so far winter snows have failed to deliver on any promise for improved water conditions.

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New NASA satellite brings future to farmers

National Aeronautics and Space Administration's (NASA) Soil Moisture Active Passive (SMAP) satellite could put farmers one step closer to the future of farming.

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FSA Reminds Livestock Producers of Upcoming Deadline

The Livestock Indemnity Program and the Livestock Forage Program were reauthorized by the 2014 Farm Bill

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USDA awards $10 million for rice project

Rice Stewardship Partnership to benefit rice efforts in Texas and other states from $10 million grant.

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Water Conservation as Simple as 811

The Texas Legislature will be taking a serious look at the water issue in the coming session.

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Drought conditions are improving across southwest

Oklahoma’s southwest corner remains the driest section in the region and is well into a fourth year of mostly exceptional drought status
Content Classification:  Curated

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Timely production meetings scheduled in coming weeks

Production, farm bill, tillage meetings scheduled in coming weeks.
Content Classification:  Curated

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Sugarcane aphid update presented at South Texas gathering

Sugarcane aphids reported wintering on both remnant sorghum and in Johnson grass.

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Cattle TB confirmed in Texas Dairies

Cattle TB is most often detected through carcass inspection at slaughter plants.

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IPM agent’s dirty boots will be hard to fill

Jim worked the Northeast corner of Texas, an area rich in some good soils (some not so good); a tradition of producing a varied crop mix.

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Falling oil prices good and bad for agriculture

Lower oil prices had good and bad elements.

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Texas rice producers to gather for production planning

President Obama's planned initiative to ease embargo restrictions on Cuba is some of the best news rice producers have heard in 40 years.

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Wheat price lower and upper bounds

If 2015 world wheat production results in lower stocks, wheat prices should remain in the $6 to 10 range. Realistically, the range could be narrowed to $6 to $8.

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U.S. agricultural trade to moderate somewhat

Lower commodity prices and trade restrictions with Russia are key reasons for slowed export growth.

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Renting farmland and the net investment income tax

Farmers need to be aware that renting their land after retiring could make the gain on the sale subject to the net investment income tax.

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WOTUS All the Fuss About?

The federal Clean Water Act (CWA) prohibits the “discharge” of any pollutant without a permit and defines discharge as “any addition of any pollutant to navigable waters from a point source.”

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