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The latest news on cotton, peanuts, rice and tree crops.
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Cotton News
Corn and soybeans were lower on Thursday seeing further consolidation after hitting chart resistance and with the WASDE on Friday.
Six technologies advance toward commercialization, with the first product expected in late 2026, despite criticism from environmental advocacy groups.
The request allocates $10 billion to row and specialty crop producers for crops planted in 2026, with the remaining $1.1 billion designated for Florida farmers hit by winter storms in late 2025 and early 2026.
The joint letter highlights a 150% spike in fertilizer prices and calls for immediate relief for the struggling U.S. farm economy.
USDA’s Great American Cotton Plan aims to boost demand for U.S. cotton through domestic manufacturing incentives, traceable supply chains and the Buying American Cotton Act.
The row crop and cotton markets saw some early support Thursday from a rally in crude oil as doubts about the peace deal with Iran came into question.
Shawn Hackett with Hackett Financial Advisors says the market was removing China premium after the disappointing summit as the market wanted more details on ag purchases.
The company had been using what it described as a placeholder name, SpinCo, since announcing it would split into two independent, publicly traded entities last October.
The proposed framework introduces a targeted approach to safeguard endangered species while maintaining essential crop protection tools for U.S. farmers, the agency reports.
Once considered a Texas problem, the pest is on the move. Rice experts urge growers to prepare for it now.
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