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What is going on in the cotton market?

round bales danevang, texas

• By Seshadri Ramkumar • Demand, trade wars and global economic scenarios are all playing their part in the weak cotton market. About 80 people involved in different aspects of the cotton sector gathered recently in the new building of Lubbock, Texas-based Plains Cotton Growers Inc. and discussed the current cotton scenario. Cotton demand is weak, says Darren Hudson, a ... Read More »

Market Maintenance A Must

chinese u.s. flags

U.S. cotton sales to China are substantially below what was expected in the absence of tariffs. What does this USDA package provide? ■ Producers of cotton and many other crops can sign up for the latest MFP at Farm Service Agency offices through Dec. 6. FSA made the first tranche of payments in August. Two other payment tranches may be ... Read More »

Texas Cotton Acreage Down, Crop Potential Uncertain

late-planted cotton

Texas cotton farmers whose fields survived inhospitable weather conditions early in the season are hoping for a market rally, but a Texas A&M AgriLife Extension Service expert said price speculation at this point is risky. Dr. John Robinson, AgriLife Extension economist, College Station, said cotton acreage is down due to weather delays or unfavorable conditions for the crop’s emergence in ... Read More »

Hoping To Erase Doubts

The National Cotton Council characterized 2018 as a year with significant uncertainty and volatility in the world cotton market. It sees 2019 as having some important unknowns as well. Is there a predominant unknown factor for 2019? ▪ The ongoing U.S.-China trade dispute and the 25 percent tariff on U.S. cotton imported into China continues to be a wild card. ... Read More »

Confronting The Challenges

gary adams, ncc

What are some major challenges? ■ In late January, the federal government was still shutdown and holding up such U.S. Department of Agriculture functions as direct and guaranteed loans for producers, marketing loans for cotton and other commodities, and sign-up for the Market Facilitation Program. The shutdown also halted the release of weekly cotton sales/shipments data and cotton prices as ... Read More »

Ensuring Ease Of Entry

gary adams, ncc

From NAFTA re-negotiation to China tariffs, the National Cotton Council is communicating with government officials and legislators regarding trade policy issues to ensure the U.S. cotton industry has continued access to key markets. Is the NAFTA re-negotiation acceptable? ▪ The NCC is pleased the modernization of the North American Free Trade Agreement preserved market access for U.S. cotton exports and ... Read More »

China, U.S. Cotton – A Special Relationship

By Tommy Horton Editor No matter what challenges might exist between the U.S. cotton industry and China, one fact remains clear. Each side needs the other in this crucial economic relationship. That was made obvious last month when textile mill executives from China and Hong Kong participated in a week-long tour of the U.S. Cotton Belt. Represented in the group ... Read More »