Business

A&M AgriLife hosts mini ag conference here Monday, Sept. 12

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Texas A&M AgriLife will host the Hemphill County Mini Ag Conference on Monday, Sept. 12, beginning at 8 am in the Sand Sage Room of the County Exhibition Building. This conference is especially timely, saidCountyExtensionAgentAndyHolloway, noting that extreme heat and drought through the Western and Plains states have led to dire conditions for producers. “Over 1 million beef cows have been harvested this year above 2021 harvest levels to date,” he said. “The Texas cow herd is shrinking dramatically.” Furthermore, Holloway said, with the lack of crop production, including hay, the outlook for cattle producers is grim. “Thankfully, in Hemphill County, we have had some rain starting in late spring and off and on through our summer months to help grow at least some grass here. Because of those local circumstances, we have some real opportunities that many other producers do not have.” The conference, he said, is going to deep-dive into those opportunities, plus risk management strategies, weather outlooks through next spring, and drought-planning for our range pastures in dry conditions. RSVP by calling 806.323.9114 or emailing christa.perry@ag.tamu.edu. Cost is $25 per person, with lunch catered by Alexander’s.
Cattle

State comptroller distributes $1B in sales tax revenue

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AUSTIN—Texas Comptroller Glenn Hegar announced this month that was sending cities, counties, transit systems, and special-purpose taxing districts $1.2 billion in local sales tax allocations for August— 10.8 percent more than in August 2021. These allocations are based on sales made in June by businesses that report tax monthly and on sales made in April, May, and June by quarterly filers.
Sales Tax

Inflation Reduction Act increases ag conservation funds

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Texas A&M Agricultural and Food Policy Center Overview by Blair Fannin, b-fannin@tamu.edu The Inflation Reduction Act recently signed into law by President Biden not only extended the Affordable Care Act, but also infused funding to several agricultural conservation programs familiar to producers. Economists with the Agricultural and Food Policy Center at Texas A&M University in College Station have compiled a briefing paper evaluating the effects of the bill on agriculture.

Clift Land Brokers celebrates 25 years in the land business

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Amarillo-based Clift Land Brokers is celebrating a major milestone as it marks 25 successful years in the land business. “For a quarter-century, our team of dedicated land professionals has proudly represented families across the region ensuring their legacies live on,” explains founder and broker, George Clift.
Clift Land Brokers

Business Briefs

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Texas RRC reports May 2022 oil and gas production stats AUSTIN—Crude oil and natural gas production as reported to the Texas Railroad Commission (RRC) for May 2022 came from 162,387 oil wells and 87,163 gas wells. The RRC reported that from June 2021 to May 2022, total Texas reported production was 1.5 billion barrels of crude oil and 10.9 trillion cubic feet of total gas.
Business Briefs

Application period for Community Wildfire Defense Grant now open

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COLLEGE STATION—Eligible communities in Texas can apply now for a federal grant administered by Texas A&M Forest Service to plan for and mitigate against risks created by wildfire. The Community Wildfire Defense Grant offers financial assistance to at-risk local communities for the development of community wildfire protection plans and associated mitigation projects.
Wildfire
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