September Cotton Crop Forecast

Randall Weiseman Cotton

The September Cotton production forecast was released this morning as Shiela Corley with the USDA’s National Agriculture Statistics Service in Washington D.C. has the numbers.  Report (2:30 wma) USDA NASS

Final ’05 Counter Cyclical Payments

Randall Weiseman Cotton, Field Crops, General, Peanuts

USDA’s Commodity Credit Corporation is issuing final 2005-crop upland cotton, grain sorghum and peanut counter-cyclical payments. This is the earliest that producers will have received final counter-cyclical payments for these commodities. The final 2005-crop upland cotton counter-cyclical payment rate is 13.73 cents per pound, grain sorghum is $0.27 per bushel and peanuts is $104 per short ton. Report (1:00 wma)

New Cotton Marketing Loan Provisions

Randall Weiseman Cotton

National Cotton Council CEO Mark Lange explains new provisions for USDA’s Cotton Marketing Assistance Loan program that went into effect on August 30. Report (1:30 wma)

Georgia Cotton Crop Progress

Randall Weiseman Cotton, Georgia

Richey Seaton with the Georgia Cotton Commission says scattered rains have helped some growers lately, but too late for many. Report (1:25 wma)

Drought Assistance for Crop Farmers

Randall Weiseman Cotton, Field Crops, General, Peanuts

Agriculture Secretary Mike Johanns announced several initiatives to help farmers in 20 states hit by drought, including accelerated counter cyclical payments for cotton and peanuts. A total of $780 million in assistance is being offered under four different programs – read more from USDA. Report (1:00 wma)