Posts in Cotton
Ag Fax: MidSouth Cotton

Sebe Brown, Louisiana Extension Field Crops Entomologist

“We have received an unsightly amount of rain the past two weeks. In high, well-draining ground, today (May 25) was the first day we were able to get in the field. Some guys were out at the end of last week, but all the cotton is behind. The northeast has not received near the rainfall central or southern parts of the state have.

“At my research station, we got 14 inches of rain in April. I don’t have the exact figures, but I would say we’ve gotten around that in May as well. We easily received a third of our annual rainfall in the last six weeks. Our average is around 60 inches of rain a year – in a typical year.

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Cottondon molino
Weekly Cotton Market Review

Average spot quotations were slightly higher than 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 78.50 cents per pound for the week ending Thursday, May 27, 2021

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USDA Cotton Classing Office Expanding Automated Processing

Recently, I had the opportunity to tour the USDA Cotton Classification Complex in Memphis, Tenn., It serves as the Program’s field headquarters and houses one of 10 regional classing offices located throughout the nation’s cotton producing areas. Together these regional offices grade every bale of cotton produced in the United States, but the Memphis office is special.

Most every bale of cotton produced in the world — not just the U.S. — has a connection to the USDA Cotton & Tobacco Program in Memphis. You could say the same for every pair of jeans or every cotton shirt in existence. Cotton standards used across the world originate at this facility. The cotton standards connect every facet of the cotton industry — from agricultural production to textiles.

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WASDE Cotton: Domestic Production Rises, Supplies At Five Year Low

U.S. cotton production in 2021/22 is projected to rise 2.4 million bales, but total supply is projected at its lowest in 5 years, and both exports and ending stocks are forecast lower than in 2020/21. Production is anticipated at 17.0 million bales, with 12.0 million planted acres as indicated in Prospective Plantings, abandonment projected above the average of the past 5 years, and average yields.

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First Look at 2021/22 Marketing Year Following Sky-Rocketing 2020/21 Export Demand

The May World Agricultural Supply and Demand Estimates gives the first look at the newest marketing year demand expectations since the USDA Agricultural Outlook Forum in February. This is the highlight of spring USDA reports as it incorporates farmer planting decisions from the March Prospective Planting report and adapts supply estimates to reflect weekly planting progress reports. The big story leading up to this report is rising prices due to the increased global demand for U.S. commodities. This Market Intel dives into the May WASDE for updated estimates of the current 2020/21 marketing year crop and assesses what could be in store for the newest 2021/22 marketing year, which starts in September.

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Weekly Cotton Market Review

Average spot quotations were 89 points lower than 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 84.03 cents per pound for the week ending Thursday, May 6, 2021.

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Cottondon molino
Weekly Cotton Market Review

Quotations were almost 4 cents higher than 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 84.92 cents per pound for the week ending Thursday, April 29, 2021.

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Cottondon molino
Weekly Cotton Market Review

Spot quotations were 269 points higher than 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 80.94 cents per pound for the week ending Thursday, April 22, 2021.

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Demand Growing For Sustainably Sourced Cotton

Many clothing brands and large retailers have set goals of obtaining 100% of their raw materials from suppliers who can document that they produce those fibers using environmentally sustainable practices.

That should give cotton producers a leg up because they are providing a naturally grown fiber rather than one created in a manufacturing facility with petroleum products. But growers have to be able to back up their claims.

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Cottondon molino
USDA Weekly Cotton Market Review

Spot quotations were 328 points higher than 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 78.25 cents per pound for the week ending Thursday, April 15, 2021.

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