Cotton
Cotton producers in Arkansas will receive a 75 cent per acre rebate from the Arkansas Boll Weevil Eradication Foundation (ABWEF) for 2017 acreage.
Congress is furiously working to finish several important resolutions before 2017 comes to an end, including an $81 billion disaster aid package.
Cotton harvest 2017 is underway in the nation’s top cotton growing state, Texas.
According to the USDA, nearly all of the cotton crop has been picked, and now the gins are hard at work.
Timely rains are helping cotton yields in Texas this year.
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.
The United States Department of Agriculture (USDA) is forecasting a big cotton crop in the United States this year at 12.2 million acres overall, a 21 percent increase from 2016.
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.