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Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
Over the last several weeks, cotton prices have seen a decent run in prices. Ashley Arrington, founder of AgriAuthority, told AgDay host Clinton Griffiths cotton markets can be “dramatic at times, especially in relation to the July contract.”
USDA is forecasting a large cotton crop in the U.S. this year which could mean new growers coming online but the financial picture may hold some cotton acres back.
Cotton planting is on pace for 2017, just one point behind the five-year average in the nation’s top cotton producing states, according to the USDA.
The cotton market is on fire, taking a 180 degree turn from just two years ago. Cotton futures are seeing a big boost in recent days.
Farmers from 10 states are eligible to join a potential class action against Monsanto from dicamba drift damage. States include Alabama, Arkansas, Illinois, Kentucky, Minnesota, Mississippi, Missouri, North Carolina, Tennessee and Texas.
Application training program aims to protect diversified crops in neighboring fields.
The USDA’s Prospective Planting report will give the industry a starting point on acreage for the spring planting season, and cotton is looking to win back farmers in 2017. Early estimates are predicting up to 1 million acres.
Cotton markets usually aren’t discussed at the AgDay agribusiness desk. John Payne of Daniels Trading is discussing the cotton rally and the opportunities to market the crop.
A cotton gin in Kansas is seeing near-record production.
Bayer-Monsanto Combination Likely Too Big in U.S. Cottonseed (2)
While most South Plains cotton has already been harvested, non-defoliated fields are awaiting a freeze.
This corner of rural West Texas is as reliant on farming, boom-and-bust oil cycles and declining segments of a bygone manufacturing economy as it is reliably red in the voting booth.
China’s wall of cotton is coming down.
Food blogger Vani Hari is known as an eager critic of how food is produced and consumed who tends to draw strong followers – and detractors. Her latest, a hit piece on cottonseed oil, drew a lengthy response from Cotton Incorporated.
This effective but dangerous chemical went off the market in 2010 after legal and regulatory battles took their toll. But six years later, could aldicarb be mounting a comeback?
China holds more than half of the world’s growing cotton stockpile, and it’s running out of storage space.
Cotton production in The Golden State is on a decline for the fourth straight year, as farmers find it increasingly hard to justify growing it amid a multiyear drought.
The three companies that produce a majority of U.S. cottonseed recently announced their new varieties for the 2015 crop season.
Cotton entered a bear market as improved prospects for crops in the U.S., the world’s biggest exporter, compounds the outlook for abundant world supplies.
The government’s forecast for cotton farm prices during the current marketing year is below many farmers’ cost of production.
China is hoarding a record amount of cotton, increasing the risk of a supply surge that would tip prices into a bear market.
Soybean futures headed for the longest rally since March 2012 on signs of rising demand from China, the world’s largest buyer. * Soybean gained 1.3% to $15.1425/bu * Corn futures rose 0.3% to $5.325/b on CBOT * Wheat futures gained 1.8% to $7.0075/b
Check out this online resource from the National Cotton Council.
While cotton prices rallied recently, more competitive crops may win out this year. And this could create a 30-year low in cotton production.
Most of this reduction in stocks is expected to take place outside of China.
Breeders promise that new varieties will be better suited to hot weather
U.S. cotton supply and demand estimates include slight revisions, resulting in an increase of 300,000 bales in forecast ending stocks.
Strong warming to raise soil temps across the Corn Belt.
State corn and soybean weather and condition report highlights.
Many areas of the Corn Belt are in need of rain to improve soil moisture reserves.