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NCC outlook: U.S.-China Phase 1, coronavirus bring uncertainties

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National Cotton Council economists point to a few key factors that will shape the U.S. cotton industry’s 2020 economic outlook. This past year can be characterized as a year with significant uncertainty and volatility in the global economy and the world cotton market. On Jan. 15, President Donald Trump signed the Phase 1 trade agreement with China. As part of ... Read More »

Weaker global demand reinforces need to create new opportunities

cotton contamination

• By Seshadri Ramkumar • Finding new markets and applications is vital for the global cotton sector. With the commencement of harvest in the High Plains of Texas, stakeholders of this important sector gathered Oct. 18 at the Lubbock, Texas-based Plains Cotton Growers Inc. The yield may not be a bumper as expected due to the hot July and August ... Read More »

Is A Perfect Storm Brewing?

arizona cotton

Arizona’s High Cotton Status May Be Worst Possible Outcome During Current Trade Wars • By Julie Murphree • The other day via my @CottonAggie Twitter account I reported, “Arizona farmers expect this year’s Upland cotton crop to yield an average of 1,527 pounds per acre, the third-highest yield ever recorded,” according to the U.S. Department of Agriculture National Agricultural Statistic ... Read More »

USDA Releases County-By-County MFP Payment Information

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The U.S. Department of Agriculture has released a county Market Facilitation Program payment schedule for growers with commodities that have been affected by foreign retaliatory tariffs. The assistance covers specialty crops, non-specialty crops, dairy and hogs. The rates range from $15 to $150 per acre, depending on the impact the tariffs have had on that particular county. They are the ... Read More »

Weather, Prices, Other Factors Cloud California Cotton Outlook

nick serafin, california

• By Cecilia Parsons • California’s 2019 cotton crop will struggle this year as a result of late spring rains, shaky pricing and the loss of a key crop-protection material, according to farmers and marketers. Roger Isom, president of the California Cotton Growers and Ginners Association, said a farmer survey in mid-May indicated cotton was planted on 261,000 acres in ... 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 »