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Cotton Marketing News– August 12, 2014

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August Numbers Likely Neutral to Bearish

Don Shurley

The 2014 US cotton crop has been revised upward by 1 million bales from the July estimate.  The August USDA crop production and supply/demand numbers released today are the first estimates of the season based on actual producer survey.The August numbers are best described as a mixed bag.  Aside from a major supply shock somewhere, prices likely have a rough road ahead.  The US crop looks promising but the World and foreign situation is less known.  Longer-term (into winter and spring 2015), the outlook will depend on the eventual US and World supply and trends in demand (US exports).

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Cotton Marketing News– August 8, 2014

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Prices Again Attempt to Consolidate

Don Shurley, University of Georgia

What will it take for prices (Dec14 futures) to finally find a level of support?  By “support”, I mean a level of prices low enough that the majority of market sentiment will finally say “that’s enough” and turn the outlook more bullish that bearish.  Since mid-late May, prices have broken sharply downward 3 times.  The most recent time was July 23-July 31 when prices dropped from roughly 68 cents to just under 63 cents. Continue reading

Cotton Transition Assistance Program Enrollment Begins

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Farmers can enroll in the Cotton Transition Assistance Program (CTAP) from Aug. 11, 2014 through Oct. 7, 2014.  The program, created by the 2014 Farm Bill, provides interim payments to cotton producers during the 2014 crop year until the Stacked Income Protection Plan (STAX), a new insurance product also created by the legislation, is available.

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Commodity commissions for cotton and tobacco accepting nominations for board members

Posted on by Guy Collins

Georgia Department of Agriculture Gary W. Black, Commissioner 19 Martin Luther King Jr. Dr. SW Atlanta, GA 30334 Find us on Facebook: Fan Page · Profile Page Follow us on Twitter: @GDAFoodSafety · @GrownInGeorgia · @GaAg_Bulletin FOR IMMEDIATE RELEASE … Continue reading

2014 UGA Cotton & Peanut Research Field Day, Wednesday September 10th

Posted on by Guy Collins

Mark your calendars for the 2014 UGA Cotton & Peanut Research Field Day, which is scheduled for Wednesday September 10th, 2014 in Tifton. The field day will begin at the UGA Gibbs Farm (226 William Gibbs Rd, Tifton, GA) at … Continue reading