J. Mark Welch

About Dr. Welch:
Dr. Mark Welch is an economist with the Texas A&M AgriLife Extension Service and a Professor in the Department of Agricultural Economics at Texas A&M University specializing in grain marketing.  Mark received a bachelor’s degree in Economics from Graceland College in Lamoni, Iowa and his Master of Science Degree in Agriculture: Business and Economics from West Texas A&M University.  He operated a farm and cattle feedlot in Castro County, Texas prior to attending Texas Tech University to earn his PhD in Agricultural Economics. Mark is the director of the comprehensive risk management education program, Master Marketer, and the professional development program, TEPAP: The Executive Program for Agricultural Producers.  His research interests encompass all stakeholders in the grain industry, particularly in the areas of risk management and market analysis.

Hedging Example Spreadsheet
Instructions for Hedging Example Spreadsheet

Link to Weekly Market Outlook Reports:
Feed grains

Selected Publications:

“Feed Grain Market Outlook” and “Wheat Market Outlook” Newsletters, Vol. 16, No. 13 and forward. 

Welch, Mark and John Robinson.  “Price Risk Management during an Economic Upheaval”. Texas A&M AgriLife Extension, submitted March 2020.

Kiphen, Emmy, M.Welch  “Marketing Risk Education and the Economic Impacts of Producer Success”, 2021 Extension Risk Management Education National Conference.

Dean A. McCorkle, Xiaoyan Qin, Rodolfo M. Nayga Jr., Ximing Wu, Mark L. Waller, Stephen H. Amosson, Jackie G. Smith, Stan J. Bevers, and Mark Welch.  “The Effect of the Master Marketer Program on Participants’ Knowledge, Adoption of Practices, and Relative Price Received”, Texas Journal of Agriculture and Natural Resources, Volume 28 (2015):50-69. Available online at http://www.tarleton.edu/Departments/txjanr/Volumes/Vol%2028%20-%202015/TblofCont_Vol28.html

Welch, J. Mark, David Anderson, John Robinson, Mark Waller, Stan Bevers, Rob Hogan, Steve Amosson, Dean McCorkle, Jackie Smith, and Emmy Williams.  “Have Concerns Over Futures Market Integrity Impacted Producer Price Risk Management Strategies?”  Choices 28 (4) 2013:1-2.

Curriculum Vitae

PhD, Agricultural Economics, Texas Tech University, Lubbock, Texas, 2006

MS, Agriculture: Business and Economics, West Texas A&M University, Canyon, Texas, 1999

BA, Economics, Graceland College, Lamoni, Iowa, 1979



2124 TAMU College Station, TX 77843-2124