Posts in Cotton
Cotton Acres Going Up?

When USDA’s 2022 Prospective Plantings Report was released on March 31, it was no surprise that fertilizer-intensive corn acres were projected to be down across the country.

It also surprised few that the report projected soybean acres to be up — with farmers estimating they will plant a record-breaking 91 million acres of beans this spring.

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April 2022 Crop Market Update

The April Crop Market Update for Corn, Soybeans, Rice, and Cotton contains a discussion on USDA-reported supply and demand dynamics and farm price implications for the 2021/22 marketing year. The outside markets continue to monitor the Russia/Ukraine war as well as the slowing economy in China (due to the country’s COVID lockdown policy reducing import demand).

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With Prices Like These, Only A Bumper Crop May Dodge Disaster

In an April 1 letter sent to members of Congress across the Southeast, Joe Martin, president of Southern Cotton Growers, stressed relief for farmers is warranted this year due to skyrocketing production costs.

In the letter, Martin provided data from a study commissioned by Southern Cotton Growers and prepared by Don Shurley, professor emeritus of cotton economics at the University of Georgia, that documents the escalating production costs.

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