Average spot quotations were up 89 points from the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, mike 35-36 and 43-49, strength 27.0-28.9, and uniformity 81.0-81.9) in the seven designated markets averaged 77.41 cents per pound for the week ending Thursday, January 21, 2021.
Read MoreDespite faltering prices at week’s end cotton enjoyed a very positive week as prices increased and exports sales continued robust. Cotton established life of contract highs across the board. New York noted the stronger Chinese market and followed suit. Further, the On-Call sales report, particularly for the May contract, lent a hint of support to higher prices.
Read MoreDuring the 2021 online Beltwide Cotton Conference, a group of panelists discussed why sustainable fiber matters, and how the shift in the market demand is changing the narrative. The panel of sustainable fiber experts was made up of the Textile Exchange CEO along with U.S. Cotton Trust Protocol Board of Director members.
Read MoreKress, Texas, producer Barry Evans was named the 2021 Joe O'Neill Cotton Marketer of the Year during the virtual Beltwide Cotton Conferences, Jan. 5, 2021. Evans, a cotton, wheat and sorghum farmer on the Texas High Plains’ is a numbers guy.
Read MoreThe market responded in a bullish way to the January WASDE report for feed grains and oilseeds. Export sales stemming from increased Chinese demand for U.S. agricultural products (e.g. corn and soybeans) is a key factor behind the gains.
Read MoreRetired Mississippi State University Research Agronomist Wayne Ebelhar, Stoneville, Miss., received the 2021 Outstanding Research Award in Cotton Agronomy at the 2021 virtual Beltwide Cotton Conferences, Jan. 7.
Read MoreThe Louisiana Boll Weevil Eradication Commission will meet at 9 a.m. on Jan. 15, 2021. This meeting will be available via video conference and teleconference.
Read MoreThe U.S. 2020/21 cotton outlook shows higher exports, and lower production and ending stocks this month. Production is lowered nearly 1 million bales to 15.0 million, led by a 500,000-bale decline in Texas.
Read MoreThis report contains the results from the 2020 December Agricultural Survey.
Read MoreSeth Byrd, Oklahoma State University Cooperative Extension cotton agronomist, was named Beltwide Extension Cotton Specialist of the Year, Jan. 6, 2020, during the virtual Beltwide Cotton Conferences.
Read MoreThe National Cotton Council monitored court cases, agency rulemaking and numerous regulations that potentially could prevent cotton producers’ access to necessary tools that affect their profitability.
Read MoreThe Cotton Board has hired Grant Saum as its new Mid-South Regional Communication Manager (RCM). Saum’s territory includes Arkansas, Louisiana, Mississippi, Missouri, and Tennessee.
Read MoreA new fiber quality initiative by Deltapine and Field to Closet organized to get more return back to the cotton grower has been leveraged into a sustainability and healthcare project that is not only beneficial for cotton growers, but also provides much needed aid to the healthcare industry.
Read MoreIn 2016, Hollywood actress Emma Watson was spotted on the red carpet wearing a beautiful gown designed by Calvin Klein in collaboration with the green consultancy Eco-Age. The goal was to create an ensemble that could be worn many ways and was truly environmentally sustainable.
Read MoreFollowing a year of marginal prices, difficult planting conditions, hurricanes, drought and the overall social and economic malaise brought about by COVID-19, you couldn’t blame cotton growers for questioning their prospects for 2021. A bump in cotton prices back into the low 70 cent range at the end of the year eased some of the concerns. But equally rising prices for corn, soybeans, wheat and other grain crops are certainly making cropping decisions tough for the coming season.
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