Tag Archive: News

Cotton Marketing News: Changes in the Loan Program and Rate for 2017

Don Shurley, UGA Emeritus Cotton Economist The marketing assistance loan (MAL) is an important tool used by many producers and marketing associations in cotton pricing and risk management.  In addition to research and farmer education, I teach courses in commodity marketing and agricultural policy and I tell my students that the key to basic understanding …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/10/14/cotton-marketing-news-changes-in-the-loan-program-and-rate-for-2017/

Cotton Marketing News: Cotton Makes a Hard Landing

Apparently, USDA’s September numbers took the market by surprise.  I don’t quite understand why that should have been the case, but apparently it was.  To a lot of folks that know cotton and keep a close eye on things, the September numbers were not really that much of a surprise.  It was expected that the …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/09/16/cotton-marketing-news-cotton-makes-a-hard-landing/

Cotton Marketing News: So Much for the 18-Million Bale Scenario and those Higher Prices

Prior to this week’s USDA crop production estimates, the 2017 US cotton crop was projected at 19 million bales.  There seemed to be general consensus, given the crop conditions in parts of Texas, that the crop would not get bigger with this week’s report.  There was some belief that the crop is actually less than …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/08/19/cotton-marketing-news-so-much-for-the-18-million-bale-scenario-and-those-higher-prices/

Cotton Marketing News: Prices Continue to Flounder in New, Lower Range

Don Shurley, Cotton Economist, UGA Emeritus Professor This week’s USDA crop production and supply and demand estimates for July did little to correct the direction in prices.  The report was actually not bad, but prices continue to show no improvement.  The following are highlights from the report: The 2017 projected US crop was lowered 200,000 …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/07/15/cotton-marketing-news-prices-continue-to-flounder-in-new-lower-range/

Cotton Marketing News: What Happened to Cotton Acres?

Don Shurley, Cotton Economist, UGA Emeritus Professor Last week’s USDA Acreage report did not deliver as expected.  The market (Dec futures) initially reacted upward but seemingly has now re-established its pre-report bearish tone.  These are cautious and confusing times for producers who seek to manage risk in this topsy-turvy market. I may be wrong but …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/07/08/cotton-marketing-news-what-happened-to-cotton-acres/

Cotton Marketing News: June Report Sends Mixed Signals

Don Shurley, Cotton Economist, UGA Emeritus Professor Last week’s USDA monthly crop production and supply and demand estimates contained some good news and some bad news.  Overall, I’d have to consider the report somewhat bearish. The market (new crop December futures prices) has been in a “downward-sideways” mode since mid-May and has been locked in …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/06/16/cotton-marketing-news-june-report-sends-mixed-signals/

Cotton Marketing News: Prices Weaker But Remain Above Support

According to the latest USDA Crop Progress report, the US cotton crop was 63 percent planted as of May 28th—essentially at the average for that date.  In the Southeast, planting progress is at a normal level with exception of North Carolina and Virginia being behind 10-12 percentage points.  In the Mid-South, planting is mostly ahead …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/06/03/cotton-marketing-news-prices-weaker-but-remain-above-support/

Cotton Marketing News: Is This the Wake-Up Call We Have Been Expecting?

Many years ago, a young man didn’t take his schooling serious enough and ended up spending some time at lovely Fort Polk, Louisiana.  That young man was me and that was my wake-up call.  It forever changed my life. I believe the cotton market might be getting a wake-up call right now.  We’ve been hinting …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/05/13/cotton-marketing-news-is-this-the-wake-up-call-we-have-been-expecting/

Cotton Marketing News – Higher than Expected Acreage Impacts Prices

Don Shurley, Cotton Economist, UGA Professor Emeritus US cotton producers say they intend to plant 12.23 million acres of cotton this year—up 21.4% from last year.  This number, released March 31, is higher than most pre-report expectations.  The National Cotton Council survey-based estimate back in early February was 11.0 million acres.  USDA-ERS in its Outlook …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/04/08/cotton-marketing-news-higher-than-expected-acreage-impacts-prices/

Cotton Marketing News: New Crop Strength and Outlook

Don Shurley, Cotton Economist, UGA Professor Emeritus Eighty cent fever is running rampant.  New crop December 17 futures have made a great run and the uptrend is strong.  Support seems to be firm.  New crop cotton has gained almost a nickel since the first of the year.  Currently, old crop May 17 futures are at …

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Permanent link to this article: http://escambia.ifas.ufl.edu/newsletters/2017/03/17/cotton-marketing-news-new-crop-strength-and-outlook/

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