Cotton
The U.S. Department of Agriculture (USDA) says both U.S. peanut and cotton producers may have a record crop on their hands.
Here’s the latest from the USDA’s World Agricultural Supply and Demand Estimates:
UPDATED Friday AM: Hurricane Harvey was upgraded to a Category 2 hurricane this morning. The National Weather Service expects the area of impact to be “uninhabitable for weeks or months.”
After a dicey planting season last year in Missouri, producers plan to return to their normal rotations by planting as many acres of corn and soybeans this year as they did two years ago.
Louisiana is starting a program to honor farms, ranches and tree farms that have been in the same family for at least 100 years.
Agency is looking to start making payouts in Oct. 2010
Declining stocks and higher prices may bring cotton back to the South.
Damage assessments to agriculture are starting to emerge from North Carolina and South Carolina. Ag losses could swell into the billions of dollars.
Floods unleashed across North Carolina by deadly Hurricane Florence are destroying crops after the storm wreaked havoc on cotton and tobacco.