U.S. cotton growers can now enroll in Climate Smart Cotton Program Level 2. This program, led by the U.S. Cotton Trust Protocol, gives Level 1 growers the opportunity to receive additional financial support for implementing Climate Smart Practice Changes into their operations. Additional practice options were also added this year, increasing the number of growers eligible to participate.

A glimmer of hope, and hopefully the beginning of what we promised. Yet, there will be several, several days of pulling teeth, some without Novocain. It is not going to be easy. Too, recall our caution that growers will have to wait at least until May 2025 becomes the nearby contract to price their 2024 production.

The USDA says old crop cotton export sales hit a marketing year low during the week ending July 11th. That low for cotton is partially due to questions over global economic growth, including growth in China, which would impact consumer spending on things like clothing.

Level 2 Climate Smart Cotton Program enrollment is open to U.S. cotton growers. The program, led by the U.S. Cotton Trust Protocol, gives Level 1 growers the opportunity to receive additional financial support for implementing Climate Smart Practice Changes into their operations.

The Cotton Consultant of the Year (CCOY) Award recognizes a consultant who has made great contributions to the cotton industry through outstanding customer relations, leadership and innovation.

Misery loves company and cotton had a lot of company this week. Yet, cotton trading should not have been that bad. The old crop July contract, trading with just over two weeks before first notice day, fell into the 73’s, while next year’s hope – the new crop December futures contract – fell into the 72’s. The 74-cent area appeared to be the holding station for July futures and still may be, but market/government fundamentals could push it lower.

Opportunities to advance sustainable cotton farming in the United States are growing thanks to a nationwide partnership led by the Soil Health Institute’s (SHI) United States Regenerative Cotton Fund (USRCF).

The fund’s holistic approach to advance economic insights, soil health measurement, and education has made significant progress in the U.S. Cotton Belt since its establishment, engaging more than 1,000 cotton farmers and their advisors.

Twelve U.S. cotton industry members have been chosen to participate in the National Cotton Council’s (NCC) Emerging Leaders Program for 2024-25.

Now in its ninth year, the NCC’s Emerging Leaders Program is supported by a grant to The Cotton Foundation from Bayer.

Cotton will come around. But as we have repeatedly commented, the 2024 crop will have to be priced in 2025, most likely based on the May 2025 contract. It is just going to take that long before mills will approach 85% spinning capacity. Neither U.S. nor world carryover are burdensome. Thus, the inching upward of demand will pull prices along.