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Newsletter ArchiveFor newsletters from 2012 and before
The Georgia Cotton Commission’s Board of Directors is pleased to announce the Commission’s 8th Annual Meeting scheduled for Wednesday, January 28, 2015, at the UGA Tifton Campus Conference Center. The program speakers are Mark Messura, Senior Vice President, Global Marketing, … Continue readingOctober 12, 2014
Cotton prices (Dec14 futures) bumped 65 cents this week. After recently falling to the 61-cent level, prices have made a modest but still welcomed recovery. The resistance or “ceiling” at the 67 to 68 cent area is likely pretty firm and will be difficult to negotiate in the near term without major changes in the supply/demand picture. Likewise, any “floor” appears fragile and we can only hope the 61-cent area holds.October 3, 2014
DP1252B2RF was the most popular cotton variety planted in Georgia for 2014. 2014 was the second consecutive year that DP1252B2RF topped all other varieties planted—accounting for 23.6% of acres planted this year and 20.6% last year.
DP1050B2RF was the second most popular variety for 2014 with 18.5% of acreage planted to that variety. This was the third consecutive year that DP1050B2RF ranked second among all varieties planted after being the top variety in 2011.
The GLB2 technology gained a significant share of Georgia acreage this year. ST6448GLB2 ranked third among varieties planted and accounted for 14.6% of acreage. This compares to only 3.9% of acreage last year. Another GLB2 variety, FM1944GLB2, accounted for another 5.4% of Georgia acreage this year.September 28, 2014
The last 2 weeks have not been pretty. Prices have tumbled to levels not seen in 5 years. Since recovering to 68 cents on September 11 and 12, prices (Dec14 futures) have lost over 6 ½ cents (10%) through yesterday—closing at 61.4 cents. Prices are up just a bit so far today. We all agree this is not a good time to be trying to sell cotton. Considering the fact that cotton was once at 80 cents or better, nothing will appear relatively attractive at this point; but growers nevertheless need to carefully consider their options. The big news events over the past week or more have been China. Details have begun to emerge about China’s price support policy and imports. The impact of these policies is unknown and we do not yet know full details. Both have been, at least initially, interpreted as negative for global and US cotton prices.Neither of these policies directly addresses the still-remaining elephant in the room—China’s looming 60+ million bale stockpile.
Register for the Cotton Incorporated 2014 Crop Management Seminar: November 12-13, 2014 at the Tifton Campus Conference CenterSeptember 15, 2014
Cotton Incorporated invites you to attend the upcoming 2014 Crop Management Seminar. It will be held November 12-13, 2014 at the University of Georgia’s Tifton Campus Conference Center in Tifton, GA. Today’s cotton grower faces many challenges to produce a cotton … Continue reading