100-Dollar-Ideas
Cotton acres are climbing this year, with the U.S. Department of Agriculture (USDA) projecting acres to see a 21 percent jump. If that holds true, U.S. cotton farmers will plant 12.2 million all-cotton acres. In the Mississippi, cotton was once the staple crop, and this year, farmers are getting back into growing it in a big way.
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As wheels begin to turn for spring fieldwork, this week’s price action may lend clues to our summertime outlook.
Our first look at fertilizer and farm fuels pricing for the week ended March 24, 2017.
Rains were not adequate enough last week to stabilize winter wheat crops in Kansas, Oklahoma and Texas.
Cotton acres are gaining momentum in Mississippi as price and yields point to a more favorable option for farmers this year. That’s also helping strengthen cotton equipment prices, a trend Machinery Pete is watching closely.
Cotton and pork sales were also highly impressive. Get more report highlights.
Revisions within food-at-home areas include poultry & eggs, fruits and vegetables.