Posts in Cotton
Loan Deficiency Payments Now Available for Cotton Producers in Louisiana

Cotton producers in Louisiana may be eligible for Loan Deficiency Payments (LDP) from the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA). LDPs are payments made to producers who, although eligible to obtain a Marketing Assistance Loan, agree to forgo the loan in return for a payment on the eligible commodity. The deadline to apply for an LDP on 2024 crop-year cotton is May 31, 2025.

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Tariff Or No Tariff, Current Cotton Price Drops Not Surprising

Cotton found a rollercoaster ride on the week, slipping down to the 63-cent level that we forecast. But a bit of profit taking on the heels of a solid export sales report saw a triple-digit price increase back to the 65-66 cent prior lows. May fell to a low of 62.54 low at midweek and settled the week at 66.07. The rally then ran into the nine-day moving average in the 65.75 cent area on Thursday and could go no higher.

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Cottondon molino
Shurley: No Price Bump Seen from Lower Cotton Acres

U.S. cotton acres planted are expected to drop 14.5% this year according to the National Cotton Council’s survey. If realized, this would be the lowest acreage since 2015 and the sixth lowest going back all the way to 1975. Yet last week (Feb. 28), cotton prices (nearby old crop May 2025 futures) dropped to 65 cents – the lowest in roughly five years. New crop December 2025 stands at roughly 68 cents.

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CottonAllie Shipley
Mid-South Farm & Gin Show Focuses on Profitability

The farm economy has been tightening for years and now, 2025 could be make or break for some farmers. With that in mind, the MidSouth Farm and Gin Show is focusing on programming to help farmers find small ways to reduce expenses or increase profitability, according to the show’s director Tim Price.

“We’ve been in a cycling of tightening belts on farms and in agricultural budgets for a while now,” Price explains.

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CottonAvery Davidson
Cotton Prices: Will 2025 Mirror 2024 Trends?

I started attending the Beltwide Cotton Conferences in 1985, so I think this year represents my ruby anniversary. New Orleans was fun – good friends, good food, and lots of discussion about the cotton market. Here are a few points that I picked up on in the Economics and Marketing section. 

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Cottondon molino
Louisiana Crop Market Report: January, 2025

The 2024/25 U.S. corn outlook calls for lower production, feed and residual use, exports, and ending stocks. Corn production has been revised downward by some 276 million bushels to an estimated 14.9 billion bushels, mainly due to a 3.8-bushel per acre cut in yield to 179.3 bushels which was partially offset by a 0.2-million acre increase in harvested area. Total corn use is down 75 million bushels to 15.1 billion.

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Wrapping Up The 2024 Cotton Crop

Demand for U.S. cotton has appeared weak for several years. The weak demand was balanced out by short U.S. cotton crops in 2022 (drought) and 2023 (drought, too wet, and then too hot). 2024 started off promising but ended with a mix of wet/hot/dry in places around the Cotton Belt. Some folks had decent production, but most everybody was sunk by the market, which fell from the mid-80s to under 70 cents between early planting season and harvest.

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Cottondon molino