Category: Business & Economy

New Modeling App To Assist Farmers In Forecasting

Texas A&M AgriLife Research is developing an integrated decision support system (IDSS) to help agricultural producers forecast potential cropping conditions and economic results. Led by Dr. Raghavan Srinivasan, the team aims to provide farmers with insights on possible outcomes based on factors like weather, market prices, and production costs, helping them plan and mitigate risks. The IDSS, named ECO-HAWQS@Farm, will offer a user-friendly interface and is being tested with growers in Texas and Oregon to ensure its effectiveness in real-world farming scenarios.

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From Flames To Finances: Steps To Wildfire Recovery

Tiffany Lashmet, J.D., Texas A&M AgriLife Extension Service agricultural law specialist in Amarillo, emphasizes the importance of utilizing available resources for ranchers affected by disasters. Among these resources are AgriLife Extension-operated Animal Supply Points and various USDA programs, including the Livestock Indemnity Program (LIP), Livestock Forage Program (LFP), and Emergency Assistance for Livestock, Honey Bees, and Farm-Raised Fish (ELAP). These programs offer financial assistance and support for producers recovering from losses due to wildfires and other disasters.

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Texas Panhandle Wildfires: New blaze Emerges, Forcing Evacuation Of Tiny Town Of Sanford

Texas is facing its largest wildfire in history, with over 1 million acres burned in the Panhandle, killing at least two people and thousands of livestock. Gov. Greg Abbott has declared a disaster in 60 counties, urging residents to remain vigilant as dangerous conditions persist. Law firms are investigating downed power lines as a possible cause, with officials continuing relief efforts amidst the ongoing threat. Get the latest updates as firefighters continue battling these massive fires.

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Rising Concerns Over Job Growth and Inflation [VIDEO]

Economist Peter Schiff warns of deceptive job growth and inflation trends, disputing official reports that paint a rosy picture of the economy. Schiff argues that rising prices and stagnant wages are forcing people to take on multiple jobs, while the shift from full-time to part-time employment masks the true state of the job market. With record levels of household debt and concerns about the economy’s true health, Schiff advocates for fiscal responsibility and further rate hikes to combat inflation.

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