Economics
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Prices at the grocery store are higher for nearly everything, but one staple food item, in particular, is likely a key driver of recent sticker shock for consumers. Egg prices during the holiday season were up more than double over the same period in 2021. Retail egg prices averaged $4.25 per dozen in December 2022,…
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In this issue: Upcoming Production Meetings Great news!!! Georgia Ag Forecast 2023 Georgia Peanut Farm Show — Seed Seminar Presentations Precision Ag/Irrigation Meeting Brake Peanut Label (Prostko) Traditional Stock-to-Use Ratios are of Little Value in Determining Peanut Prices Upcoming Production Meetings: Colquitt County Peanut Production Meeting — Friday, February 10, 2023 at noon. Colquitt County…
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Another exciting week in Colquitt County agriculture! The UGA Corn Short Course and Peanut Farm Show was held this past week. The Colquitt County Extension office is hosting two production meetings this coming week. Growers can also attend The Georgia Cotton Commission Annual Meeting and UGA Cotton Production Workshop and the Ag Forecast this week.…
Posted in: Beef Cattle, Cotton, Economics, Economics & Policy, Entolomogy, Irrigation, Meetings, Precision Ag, Small Grains, Weed Managment, Wheat -
Current Situation: Dry conditions continue in Colquitt County. According to the latest drought monitor, most parts of Colquitt County are considered abnormally dry, and the south east portion is considered to be in moderate drought. The dry weather is great for the cotton and peanut harvests. I have been hearing about better cotton yields from…
Posted in: Beef Cattle, Cotton, Economics, Hay & Forages, Livestock, Pesticides, Small Grains, Wheat -
Last week was another exciting week in agriculture in Colquitt County. The peanut harvest and cotton defoliation is coming to an end. Colquitt County is classified as abnormally dry according to the last drought monitor. This is great for cotton and peanut harvests, but livestock producers are struggling with planting winter annual forages. The crop…
Posted in: Agribusiness, Beef Cattle, Cotton, Economics, GA Cattlemen’s, Hay & Forages, Livestock, Marketing, Meetings, Peanuts, Small Grains, Wheat -
This is a blog post from the Southern Ag Today by John Robinson, Professor and Extension Economist, from the Texas A and M Agrilife Extension. The conflict between Russia and Ukraine has direct implications on the global supply of corn and wheat because of the relatively large quantities of those crops that those two countries…
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Below is a post from the Southern Ag Today blog about the 2022 corn outlook. For many feed grain producers, 2021 was a profitable year; however, the uncertainty and risk associated with the 2022 corn crop is elevated. Following is a look at how the components of the supply and demand balance sheet might provide…
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Is it possible for me to obtain information from the Outlook Meeting held at the Extension Office last week? There was good discussion last week at the row crop commodity outlook held at the Colquitt County Extension office. Dr. Nathan Smith, Clemson Extension Ag Economist, and Amanda Smith, UGA Ag Economist, were on hand to…
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Amanda Smith, UGA Ag Economics, has provided 2021-22 wheat budgets for both intensive and conventional wheat production. I am sure everybody is aware that fertilizer prices have risen in comparison to last year. The anticipated price of N is $0.90 lb, and the expected prices of P and K are $0.70 lb. Fuel is estimated…
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Amanda Smith, UGA Ag Economist, has updated the row crop comparison tool on the Extension Ag Economics Budgets web page. The May update includes increased commodity prices, updated crop insurance prices and higher fuel and fertilizer prices. Row Crop Comparison Tool May 2021 Strip Till Row Crop Comparison Tool May 2021 Conventional Till If you…