Recognize that starting an agricultural business endeavor just to save on some taxes is unwise at best. The amount of effort, overhead costs, and risk involved in raising crops or livestock takes a tremendous understanding of environmental challenges, markets, and incredible personal skill.

Compared to last week all weight class average prices ended a full 3 to 5 dollars lower with some lower quality classes off 5 to 8 dollars.

The Texas crop and weather report says peanut harvest is underway, and producers are expecting lower per-acre yields than last season.

This week’s market figures showed weight classes under 500 pounds and down ended 3 to 5 dollars lower compared to last week.

The USDA Texas Direct Hay Report says hay trades were mostly steady to firm across the state.

Compared to last week, weight class average prices in the 400 pounds and lighter ended a full 4 to 7 dollars higher.