Texas: South Plains Ag Profitability Workshop, Lubbock, Feb. 21
The Texas A&M AgriLife Extension Service will conduct the South Plains Profitability Workshop beginning at 9 a.m. Feb. 21 at the Texas A&M AgriLife Research and Extension Center at Lubbock.
The center is located on Farm-to-Market 1294 a quarter mile east of Interstate 27 north of the Lubbock airport.
“Lubbock County and other South Plains producers continue to face stressful times due to depressed commodity prices and a reduced safety net,” said Dr. Jackie Smith, AgriLife Extension economist at Lubbock. “Even though 2016 was more favorable than the previous two years, producers will still be looking for and considering decisions that could cut costs or improve yields.
“They will also be considering alternative crops. So the purpose of this workshop is to help them weigh their options from a strictly economic standpoint.”
Smith will be joined in teaching the workshop by Jeff Pate and Will Keeling, both AgriLife Extension risk management specialists at Lubbock.
Smith said another workshop is scheduled for March in Littlefield. The crop spreadsheet budgets used for the workshops will be available by Feb. 10 here.
“The profitability tool is a set of crop spreadsheet budgets tied together in one file to allow quick and easy comparison of different crops,” Smith said. “The primary objective of this workshop — and those in the future — is to introduce participants to the budget spreadsheet so they can compare the profitability of various alternative crops.”
Each participant will receive a thumb drive containing the budget spreadsheet, Smith said. Participants are also welcome to bring their own computers.
Smith said there is no charge for the workshop, and lunch will be provided.
For more information, contact Smith at 806-746-6101.
I recently attended a Farm Credit Director Development program in Charleston, South Carolina, where Dave Kohl presented an agricultural economic update. I thought his presentation was exceptional. He described agricultural