Posts in Cotton
Louisiana Crops Newsletter: August, 2024

As the cotton season progresses in Louisiana, there have been several reports of potassium deficiency. Potassium deficiency can weaken the plant, making it easier for plant pathogens to attack. It is very common to see fungal leaf spots on potassium stressed plants. Although pre-mature defoliation due to disease is possible, it is most likely the nutrient deficiency that is the leaf-dropping culprit.

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Moving Cotton Harvest Equipment Into Louisiana Is Restricted Without Proper Inspection

As Louisiana cotton producers move into cotton harvest season, Louisianians will see an influx of used and custom cotton harvest equipment moving into and through the state. To protect our cotton producers from the reintroduction of boll weevils, the Louisiana Department of Agriculture and Forestry (LDAF) implements restrictions for all cotton harvest equipment entering the state.

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Potassium Deficiency in Cotton Can Lead to Increased Disease

As the cotton season progresses in Louisiana, there have been several reports of potassium deficiency. Potassium deficiency can weaken the plant, making it easier for plant pathogens to attack. It is very common to see fungal leaf spots on potassium stressed plants. Although pre-mature defoliation due to disease is possible, it is most likely the nutrient deficiency that is the leaf-dropping culprit.

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Hurricane Preparation and Recovery Guides for Louisiana Producers

Louisiana agriculture generates approximately $3 billion in sales each year, but in most years agricultural productivity is negatively affected by hurricane damage. Louisianans are familiar with the devastation and loss of life and property that can accompany a hurricane event as the state experiences, on average, one hurricane every three years. The total economic losses from a single hurricane can reach tens of billions of dollars, while agricultural losses can exceed one billion dollars. Louisiana is a major agricultural producer for the United States, but the structures, livestock, and crops are highly exposed to extreme wind and flooding during hurricane events.

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Climate Smart Cotton Program Level 2 Applications Open

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.

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Market Update for Corn, Soybeans, Rice and Cotton: July 2024

The 2024/25 U.S. corn outlook indicates larger supplies, greater domestic use and exports, and slightly lower ending stocks. Beginning stocks for corn were lowered 145 million bushels largely upon greater use forecasted for 2023/24. Exports were raised by 75 million bushels based on current outstanding sales and shipments to date. Feed and residual use is up 75 million bushels based on indicated disappearance in the Grain Stocks report for June.

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June 2024 Acreage Report and Grain Stocks Summary

The USDA recently released its annual Acreage Report which provides markets a more accurate idea of spring planting progress and what potential supply implications may be in store for the 2024 crop year. On the demand side, USDA also released its Quarterly Grain Stocks report which shows usage rates between March 1, 2024 and June 1, 2024. These changes in supply levels will impact 2023/24 ending stocks and 2024/25 beginning stock levels which will subsequently be reflected in the July World Agricultural Supply and Demand Estimates report.

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Cotton Prices Holding, But Watch the Fundamentals

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.

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