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Cotton Farming is the official publication of the ginning industry.

  • Cotton Market Outlook

    Cotton Market Outlook

    After rallying to the upper 70 cents per pound range during the month of July, new crop cotton futures prices appear to be working their way back down. For much of 2016, new crop cotton futures prices seemed to be stuck in an upper 50 cents to low 60 cents per pound trading range. All of the fundamental supply and demand news pointed to larger acreage and larger production in 2016. With no significant signs of improved domestic or export demand, the potential for a large 2016 crop weighed heavily on the market.However, as the summer progressed, the development of hot, dry conditions in Texas and parts of Georgia along with dry conditions in India began to foster concerns of lower cotton supplies. This introduced a considerable amount of risk premium in the markets and helped support prices. Speculative interests took this momentum and continued to push prices higher by going from a net short position (selling more contracts then purchasing) in early 2016 to the highest net long position (purchasing more contracts then selling) in more than two years. However, this has brought prices to levels that are not fully supported by the underlying supply and demand fundamentals. Read More »
  • Legislation House Vote Sets Stage For Talks On Drought Relief

    Legislation House Vote Sets Stage For Talks On Drought Relief

    Before members of Congress left Washington for the political conventions and August recess, the House of Representatives passed a 2017 appropriations bill that included California drought-relief provisions. California Farm Bureau Federation President Paul Wenger says passage of the appropriations legislation by the House represents an important step toward addressing problems that limit the flexibility of the California water system. By a vote of 231-196, the House passed the 2017 Interior appropriations bill, HR 5538, including the California-related water provisions. The inclusion of the provisions on water could help set the stage for negotiations with the U.S. Senate this fall, says Erin Huston, CFBF federal policy consultant.“This is the first time the House has passed an Interior bill since 2009, which can be seen as a milestone in itself,” Huston says. “This bill provides a potential path for desperately needed federal drought legislation. We are still working under a very limited calendar, but we will continue to urge a federal legislative solution.” Read More »
  • Beloved Agricultural Industry Leader, Cotton Producer, Ginner from Louisiana To Be Inducted into  Hall of Fame

    Beloved Agricultural Industry Leader, Cotton Producer, Ginner from Louisiana To Be Inducted into Hall of Fame

    The great philosopher, Socrates, once said that “the key to greatness is to be in reality what we appear to be.” Those who had the privilege of knowing Jack Hamilton would most certainly agree that he was the epitome of that statement. Earlier this year, the Louisiana Cotton & Grain Association was pleased to have the opportunity to nominate Mr. Hamilton for induction into the 2016 Class of the Cotton Research & Promotion Program’s Hall of Fame. As you could imagine, we were so thrilled and honored to have learned that Mr. Hamilton was, indeed, selected to be posthumously inducted ... Read More »
  • Building a Brand

    Building a Brand

    Cotton Council International (CCI) the National Cotton Council’s (NCC) export promotions arm, is vigorously promoting U.S. cotton worldwide among yarn spinners, fabric/garment manufacturers, brands/retailers and consumers. How is CCI executing its strategy? Working from 20 offices covering more than 50 countries in Asia, Europe, Africa, and Central and South America, CCI is striving to make U.S. cotton the preferred fiber for mills/manufacturers, brands/retailers and consumers. Using a highly effective supply-push/demand pull strategy in that mission, CCI drives U.S. product superiority by focusing on growth markets in Asia, sustaining the successful track record with mills and manufacturers, and strengthening partnerships with ... Read More »