Cotton
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.