National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2018 economic outlook. In recent months, cotton prices have maintained a stronger appearance despite the increase in world production. Although the current supply and demand fundamentals appear somewhat bearish, strong U.S. export sales, a weaker U.S. dollar, heavy speculative buying, and large mill …
USDA Trims Export Expectations for Cotton
USDA recently trimmed their expectations for U.S. cotton exports. Stephanie Ho has a story explaining the updated numbers. USDA Trims Export Expectations for Cotton Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
NCC Survey Suggests U.S. Producers to Plant 13.1 Million Acres of Cotton in 2018
U.S. cotton producers intend to plant 13.1 million cotton acres this spring, up 3.7 percent from 2017, according to the National Cotton Council 37th Annual Early Season Planting Intentions Survey. (see table below) Upland cotton intentions are 12.8 million acres, up 3.8 percent from 2017, while extra-long staple (ELS) intentions of 254,000 acres represent a 1.0 percent increase. The survey …
What the Budget Bill Means for Farmers and Ranchers
The disaster assistance spending measure has been watched carefully by producers who were hit hard by natural disasters. Producers in California, Florida, Texas, and even Puerto Rico lost crops and livestock because of wildfires and hurricanes last year. Politico says America’s dairy and cotton producers also have been looking for subsidy increases because of a serious economic downturn. The bill …
Federal Budget Deal Passed Friday Will Aid Farmers
The U.S. Senate and House moved quickly Friday to pass a budget deal that includes assistance for cotton and dairy farmers, following a brief government shutdown. President Donald J. Trump signed the bill into law this morning. The Alabama Farmers Federation’s Mitt Walker said the bill will provide a cushion for producers, which is critical because of dim market outlooks. …
NCC: New Cotton Policy Gives Much Needed Boost
The National Cotton Council (NCC) greatly appreciates Congress’ passage of a supplemental disaster bill that includes critically needed policy that restores eligibility for cotton in the Title I Agriculture Risk Coverage and Price Loss Coverage programs of the farm bill. The legislation also includes important agricultural disaster assistance, as well as additional support to dairy producers. “This measure will provide …
Lobbyist Suggest Cotton, Dairy Fixes in Disaster Bill
Industry lobbyist for cotton and dairy say safety-net fixes are nearing. Key industry lobbyist told the Hagstrom Report they believe there will be fixes to the problems in the cotton and dairy programs in the package of appropriations and disaster funding that Senate leaders are working on. An unnamed source said: “This would be a big win for agriculture going …
Promotions Reaching Consumers on the Benefits of Cotton
Promotional efforts continue to get the message to consumers about the many benefits of cotton. Southeast AgNet’s Randall Weiseman talked with Stacey Gorman, director of communications for the Cotton Board, about some of the new campaigns underway. Promotions Reaching Consumers on the Benefits of Cotton Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: …
Wiregrass Cotton Expo Set for February 2
Southeast cotton growers are encouraged to attend the 2018 Wiregrass Cotton Expo, February 2 at the National Peanut Festival Fairgrounds in Dothan, Alabama. The free event will include an exhibitor show and various cotton management presentations from Alabama Extension specialists, seed companies, Florida’s state climatologist and the Alabama Cotton Commission. The luncheon speaker will be Dr. Don Shurley, extension economist …
Cotton Market Rally Not Related to Fundamentals
Dr. Jody Campiche vice-president of economics and policy analysis for the National Cotton Council, says the recent price rally is not really related to longer term fundamentals. Market Overseas issues are also affecting prices. Prices Are prices likely to remain high for a while? Trend As for planted acreage this season. Acreage That’s Jody Campiche of the National Cotton …