Posts in Cotton
November 2022 Crop Market Report

This month’s 2022/23 U.S. corn outlook is for higher production, larger feed and residual use, and greater ending stocks. Corn production is forecast at 13.930 billion bushels, up 35 million from last month on a 0.4-bushel increase in yield to 172.3 bushels per acre. Feed and residual use is higher based on a larger crop. With supply rising more than use, corn ending stocks are raised 10 million bushels.

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U.S. Cotton Trust Protocol Report Shows Increased Acreage and Improved Environmental Performance

The U.S. Cotton Trust Protocol has published its second annual report, detailing the results for the 2021-22 period (August 1st, 2021-July 31st, 2022). The farm-level, science-based sustainability program today reports significant improvements in the sustainability metrics measured; an increase in membership across the value chain; the completion of nine successful pilots; and its growing international recognition by independent and government bodies.

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Cottondon molino
2023 Beltwide Cotton Consultants Conference

This year’s Beltwide Cotton Conferences will be held in New Orleans, Louisiana, Jan. 10-12 at the New Orleans Marriott. The Cotton Consultants session will be held during the afternoon Jan. 10 and continue the morning of Jan. 11. The session is open to all registered attendees.

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October 2022 Crop Market Update for Corn, Soybeans, Rice, and Cotton

This month’s 2022/23 U.S. corn outlook is for reduced supplies, greater feed and residual use, lower exports and corn used for ethanol, and smaller ending stocks. Corn production is forecast at 13.895 billion bushels, down 49 million on a reduction in yield to 171.9 bushels per acre. Corn supplies are forecast at 15.322 billion bushels, a decline of 172 million bushels from last month, as lower production and beginning stocks are partially offset by higher imports.

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USDA Announces 2023 Upland Cotton Marketing Assistance Loan Rate

The U.S. Department of Agriculture (USDA) Commodity Credit Corporation today announced that the marketing assistance loan rate for 2023-crop base quality upland cotton is 52.00 cents per pound.

Marketing assistance loans provide interim financing to producers so that commodities can be stored upon harvest when market prices are typically low and sold later when price conditions are more favorable.

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Cotton, USDAdon molino
Congressman Lucas Introduces Bill Excluding Agriculture from SEC Climate Disclosure Rulemaking

Congressman Frank Lucas (OK-03) introduced the Protect Farmers from the SEC Act. The bill would prohibit the U.S. Securities and Exchange Commission (SEC) from requiring an issuer of securities to disclose greenhouse gas emissions (GHG) from upstream and downstream activities in the issuer’s value chain arising from farms and ranches.

National Cotton Council Chairman Ted Schneider said the U.S. cotton industry welcomes Representative Lucas’ bill which will prevent more unnecessary regulation of this nation’s producers and ranchers.

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CottonAvery Davidson
NELA Farmers Face Crisis

Area farmers say the recent rainfall in northeastern Louisiana has damaged crops so badly that many will not be able to recover financially if the U.S. Department of Agriculture does not step in.

Weeks of frequent rainfall in August and September have wrecked local crops and crop insurance likely will not cover the damage, according to Scott Franklin, a commercial rice dryer in Rayville.

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Corn, Cotton, SoybeansAvery Davidson
Cotton Research & Promotion Program Hall Of Fame '22 Inductees Announced

Cotton Incorporated announced today the 2022 class of the Cotton Research and Promotion Hall of Fame. The program, now in its seventh year after a two-year hiatus, recognizes individuals that have made significant contributions to the Program or to the cotton industry in general. The honorees will be formally inducted into the Cotton Research and Promotion Program Hall of Fame at the joint Cotton Incorporated/Cotton Board Annual Meeting this December in New Orleans.

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