There are a variety of factors affecting both the grain and livestock trades at this time. Mark Oppold has an update.
Sunbelt Ag Expo Kicks Off Today
The weather forecast looks great for the 2023 Sunbelt Ag Expo in Moultrie, Georgia. Those attending this year’s event will be able to learn about the latest technological advancements. Tyron Spearman has more details.
Lower Projected Yields Could be Supportive
Lower projected yields from last week’s USDA crop reports could be supportive. Mark Oppold has more details.
The Cotton Board Names New
Southeast Regional Communication Manager
Long-Time Southeast RCM, Monty Bain, Announces Retirement (MEMPHIS, TN/October 12, 2023) —The Cotton Board has hired Daniel Radford as its new Southeast Regional Communication Manager (RCM). Raford’s territory includes: Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. Radford will inherit the territory of The Cotton Board’s long-time Southeast RCM, Monty Bain, who announced his intention to retire in March …
USDA Cotton Report Shows All Cotton Down from 2022
All cotton production is forecast at 12.8 million 480-pound bales, down 2 percent from the previous forecast and down 11 percent from 2022. Based on conditions as of October 1, yields are expected to average 767 pounds per harvested acre, down 19 pounds from the previous forecast and down 183 pounds from 2022. All cotton area harvested is forecast at 8.02 million acres, unchanged from the previous forecast but up 10 percent from 2022. By October 1, eighteen percent …
Crop Reports Could Affect the Grain Trade
The new crop reports could have some bearing on grain futures. Mark Oppold has more details on that, and also how third quarter earnings season is getting underway.
Checking on the Cattle and Grain Trade
A steady to firm cattle market is expected this week. Mark Oppold has more on that and also a look at what is expected in the grain trade.
Cotton Research and Promotion Program Hall of Fame Names Three New 2023 Honorees
(Cary, NC/October 3, 2023) — Three influential leaders in the cotton industry have been announced today as the 2023 class of the Cotton Research and Promotion Hall of Fame. The program, now in its tenth year, recognizes individuals who have made significant contributions to the Program or to the cotton industry in general. The honorees will be formally inducted into …
Looking at the Corn Trade
The corn trade continues to see the 5-dollar mark or better. Mark Oppold notes it’s been a while since we saw trading below that mark.
Watching the Cotton Market
A tight carryover could be a factor in the cotton market. Mark Oppold continues to track what’s happening with that trade.