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USDA released their latest crop production forecast on Tuesday. Their November report projected year-over-year increases for corn, soybeans, and cotton in the United States based on conditions as of November 1, 2021.
Export sales for most commodities were higher for the week ending October 28, 2021, with the exception of cotton sales – which may be declining on the highest prices in 10 years.
It was a disappointing week for U.S. commodity export sales, as USDA reported lower export sales for basically every major row-crop this past week. For the week ending October 21, 2021, actual exports were higher, week over week, for wheat and soybeans while it’s a marketing year low for cotton.
USDA released their latest Weekly Export Sales report for the week ending October 14, 2021. Exports for the week were generally lower except for corn, soybeans, cotton, and meats.
Although exports have been strong this marketing year, sales and exports for cotton are lower after futures prices in New York hit their highest level in 10 years.
USDA’s National Agricultural Statistics Service released their October Crop Production Report on Tuesday, based on conditions as of October 1, 2021. Researchers believe the harvest for corn and soybeans will be greater than last year’s production, while the final U.S. cotton crop is expected to be smaller.
Spray drift issues led to lawsuits a few years ago, as some producers of dicamba-tolerant crops were sued by other producers because of damage to their crops.
For the first time in ten years, U.S. cotton futures soared past the $1 mark on Tuesday, in part due to good export demand, especially from China.
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Bob Maurer with Manduca Trading in Chicago.
It was a common sight to see cell phones being held up in the air when Billy Dunavant, Jr. from Memphis-based Dunavant Enterprises stood up to speak.
USDA released their latest World Agricultural Supply and Demand Estimates report on Thursday with an expectation for higher prices for wheat and corn, no changes for soybeans , but the highest price for cotton in almost 10 years.
U.S. farmers are expected to produce larger corn, soybean and cotton crops compared to last year according to the latest Crop Production forecast from USDA’s National Agricultural Statistics Service.
Over the past week, U.S. cotton prices have soared to the life of contract highs amid increasing global demand, a general reopening of the economy, and production challenges in key growing areas.
It was a good week for international demand for U.S. wheat and soybeans, through increased sales, and for exports of wheat and cotton according to USDA’s Weekly Export Sales Report for the week ending July 15.
USDA’s latest WASDE report provides an increase in potential crop prices for wheat, no change for cotton, and lower prices for corn and soybeans.
Last week, the nations of Benin, Burkina Faso, Chad and Mali met with other World Trade Organization members to discuss trade-related aspects of cotton.
Growing Cotton for week of May 24, 2021
Growing Cotton for week of May 17, 2021
Growing Cotton for week of May 10, 2021
Growing Cotton for week of May 3, 2021
Growing Cotton for week of April 26, 2021
According to the Economic Research Service, consistent adoption of cover crops can increase the accumulation of organic soil matter, thus healthier soils.
Growing Cotton for week of April 19, 2021
Growing Cotton for week of April 12, 2021
U.S. exports of cotton declined 3 percent in 2020 to $6 billion but remained the fifth-highest export value on record.
Growing Cotton for week of April 5, 2021
USDA released their latest Weekly Export Sales Report on Thursday, for the week ending April 1, 2021. Other than cotton, all commodities experienced lower sales, including marketing year lows for wheat and soybeans.
According to the Foreign Agricultural Service, Vietnam’s success in controlling COVID-19 has allowed textile and garment companies to maintain their operations, despite short-term disruptions.
Mexico’s cotton production is forecast to increase 22 percent for this marketing year on increased global prices and ongoing drought conditions favoring cotton production over other more water-reliant crops.
Growing Cotton for week of March 29, 2021
Growing Cotton for week of March 22, 2021
Growing Cotton for week of March 15, 2021
Growing Cotton for week of March 8, 2021
As the Mexican government tightens regulations on their domestic commercial farming operations, it’s beginning to hit the cotton industry south of the border.
While the volume of agricultural exports is projected to expand over the next ten years, U.S. exports of major crop and livestock commodities are also expected to face stiff competition from Brazil and the European Union.
Growing Cotton for week of March 1, 2021
Growing Cotton for week of February 22, 2021
U.S. Commodity groups have recently filed comments to the U.S. International Trade Commission regarding a petition by an agricultural input company to enforce countervailing duties on imports of phosphate fertilizer from Russia and Morocco.
Growing Cotton for week of February 15, 2021
As a result of large carryover sales from the 2019 crop year and increased purchases from China, U.S. export commitments and shipments of cotton have been very strong for the 2020 crop year.
According to their Annual Planting Intentions survey, the National Cotton Council is projecting a decrease of more than 5 percent in domestic cotton acreage for 2021.
Growing Cotton for week of February 8, 2021
With other crop alternatives holding better odds for profitability, the National Cotton Council believes cotton acreage in the United States will fall 5.2 percent this year.
The council is set to release results of their annual Planting Intentions Survey Thursday.
Despite the challenges faced by agriculture producers over the past few years, inflation-adjusted net cash farm income is expected to increase nearly 24 percent in 2020.
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