The New Year brings joy and hope for another successful cotton year. While the beginning of the year saw prices fall below 68 cents, the market still projects a recovery to the 72-cent level. Yet, most fundamentals point to lower prices, at least until the expiry of the March futures contract.
Read MoreU.S. cotton growers can now enroll in the U.S. Cotton Trust Protocol and apply for the Climate Smart Cotton Program for the 2025 crop year. These programs enable growers to demonstrate their commitment to sustainable cotton production, meeting the increasing demand for responsibly produced fiber.
The Trust Protocol also provides growers with data and resources to choose practices that are best for their land and business. By tracking key metrics like water use, land use, and greenhouse gas emissions, growers gain valuable insights into their farm’s environmental footprint.
Read MoreObviously, this market is wearing me out – and you, too! I commented last week that any price slippage below 69 cents would be short lived. I refused to believe my own words. That comment was written with hope in mind.
Read MoreFour new products have been added to the Deltapine cotton seed lineup for 2025.
The announcement was made at the the Deltapine New Product Evaluator Summit in Nashville, Tenn., on December 13 and 14, where producers from across the Cotton Belt met to hear the news.
Read MoreA multistate research team will work with Cotton Belt farmers to develop and test regenerative practices such as winter cover crops, summer-dormant perennial covers, interseeded harvestable covers, and grazing integration.
Read MoreThe United States Department of Agriculture has announced the appointment of seven members, seven alternates, and two advisors to serve three-year terms on The Cotton Board from Jan. 1, 2025, through Dec. 31, 2027. Additionally, USDA appointed seven individuals to fill board vacancies.
Read MoreWhen you drive past a cotton field, you might think about soft-spun T-shirts, and a well-known advertising slogan may come to mind. After all, cotton is the “fabric of our lives.” But within each of those cotton bolls are whole cottonseeds that contribute to another significant market – and famous ad campaign. “Got milk?”
Read MoreStrong export sales, coupled with the beginning of the December contract’s expiry, brought life to the cotton market. The expiring December contract had a limit and near limit-up move as December futures gave way to the March contract as the nearby trading contract
Read MorePrior to and throughout 2024, the National Cotton Council (NCC) focused its efforts on shaping policies for a new farm bill.
The NCC has been proactive in communicating its priorities to Congress and the Administration, advocating for a meaningful farm bill that includes an effective safety net and comprehensive risk management tools.
Read MoreStrong export sales, coupled with the beginning of the December contract’s expiry, brought life to the cotton market. The expiring December contract had a limit and near limit-up move as December futures gave way to the March contract as the nearby trading contract.
Read MoreLouisiana corn for grain production is forecast at 84.1 million bushels, unchanged from the October 1 forecast but down 29 percent from 2023. Based on conditions as of November 1, yield is expected to average 189 bushels per acre, unchanged from last month but up 14 bushels from last year. Producers expect to harvest 445,000 acres of corn for grain, down 235,000 acres from 2023.
Upland cotton production is forecast at 310,000 bales, up 10,000 bales from the October 1 forecast and 101,000 bales above last year.
Read MoreWhile export sales of U.S. cotton are slightly improved, demand continues to lag USDA estimates. More importantly, there is little to no evidence of any improvement in demand during the coming six months. Thus, December futures will likely trade in the 67-72 cent area through January-February 2025.
Read MoreThe U.S. Cotton Trust Protocol, a leading program for responsibly grown cotton, has released its 2023/24 Annual Report, showcasing record grower participation and notable strides in environmental stewardship.
The report highlights the program’s progress in driving transparency and continuous improvement across the cotton supply chain, even amidst a challenging economic climate for growers.
Read MoreThe U.S. Cotton Trust Protocol, a leading program for responsibly grown cotton, today released its 2023/24 Annual Report, showcasing record grower participation and notable strides in environmental stewardship. The report highlights the program’s progress in driving transparency and continuous improvement across the cotton supply chain, even amidst a challenging economic climate for growers.
Read MoreCotton muddled through the week, spending most of its time near its heretofore support level at 71 cents. It appears that the market will try again to break that support and visit the very high 60s before making a run back to the 74-cent level. Thus, the narrow four cent trading range between 70.50 and 74.50 continues to be the most respected trading range.
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