facebook_pixel

Cotton Highlights from August WASDE Report

The August 2017 World Agricultural Supply and Demand Estimates (WASDE) report has been released by USDA.

Here’s the latest summary for cotton:

 

The first survey of U.S. 2017 crop production indicates a crop of 20.5 million bales, 1.5 million above last month and the largest production in 11 years. The larger crop is partially offset by lower beginning stocks, which are reduced 400,000 bales to 2.8 million due to an increase in final 2016/17 exports. Domestic mill use for 2017/18 is lowered 50,000 bales, but exports are raised 700,000 based on the larger supply and strong early-season commitments. Ending stocks are now projected at 5.8 million bales which, if realized, would be the largest since 2008/09.

The forecast range for the marketing year average price received by producers of 55 to 67 cents per pound is narrowed 1 cent on each end, with the midpoint unchanged at 61 cents.

Sharply larger production is raising this month’s 2017/18 global stock forecasts. World production is increased 1.9 million bales, as higher production in the United States, China, and Benin is partially offset by a reduction for Turkey. The forecast for China’s crop is raised 500,000 bales mainly on higher area. World consumption for 2017/18 is forecast 375,000 bales higher this month, largely due to a 500,000-bale increase for China. At 3.3%, growth in world cotton consumption in 2017/18 is projected at its highest rate in 5 years. World 2017/18 ending stocks are now projected at 90.1 million bales, an increase of 1.4 million from the July forecast, and 100,000 above 2016/17.

 

Topics: ,

Leave a Reply

Production Outlook / Acreage Stories
Production Outlook / Acreage

Cotton Highlights from October WASDE Report

October 12, 2017

USDA’s WASDE report for October lowers U.S. production and export forecasts for the 2017 crop, while global projections rise slightly due to expected larger crops in other countries.

Production Outlook / Acreage

USDA: Planted Cotton Acres Up 20% in 2017

June 30, 2017

USDA’s 2017 Planted Acres report, issued today, shows planted area for U.S. cotton at 12.1 million acres – 20% above last year.

white ripe cotton field ready for harvest
Production Outlook / Acreage

USDA Report Shows 12.2 Million Acres for 2017

March 31, 2017

USDA’s Prospective Plantings report indicates that 12.2 million acres of cotton will be planted in the U.S. in 2017.

Production Outlook / Acreage

Strong Exports Helping Drive Higher Cotton Prices

March 23, 2017

Growers can expect to make at least 5 to 6 cents more per pound of cotton than this time last year, primarily due to increased exports.

Production Outlook / Acreage

NCC Projects 11 Million U.S. Cotton Acres in 2017

February 11, 2017

The National Cotton Council is projecting a total of 11.0 million acres of cotton to be planted in the U.S. in 2017.

Production Outlook / Acreage

2017 Looks Like a Good Year for SC Cotton Growers

February 1, 2017

South Carolina cotton growers can expect to see a better year in 2017, says a Clemson University economist.

Production Outlook / Acreage

USDA: 10 Million Cotton Acres Planted in 2016

July 1, 2016

USDA’s first acreage report for 2016 shows that U.S. cotton growers have planted 10 million acres in 2016 – a 17% jump above last year's plantings.

Around The Gin
Product News

INTL FCStone Offers Online Tool for OTC Hedging Strategies

October 17, 2017

INTL FCStone Markets, LLC has introduced a new online pricing tool that provides users open access to the firm’s structured products pricing portfolio.

Product News

Americot Team Continues to Grow

October 6, 2017

Americot continues to expand the company’s sales and technical support team, with the addition of six new specialists located throughout the Cotton Belt.

Product News

NemaStrike Technology Ready for Nematode Control in 2018

October 6, 2017

Monsanto adds NemaStrike Technology as a new seed treatment solution to control nematode species across the Cotton Belt.

Product News

Americot Adds Three to Regional Sales Force

September 20, 2017

Americot, Inc. has added three new regional representatives to the company’s sales force.

Product News

Enlist One Herbicide Added to Enlist System

September 13, 2017

Dow AgroSciences adds a straight-goods 2,4-D choline herbicide for additional tank-mix flexibility in Enlist crops.

Product News

Elevore Herbicide Registered for Burndown Use

August 30, 2017

Dow AgroSciences’ Elevore herbicide has received federal registration for use in fall and spring burndown programs for cotton, soybeans and corn.

Product News

Stoneville Legacy Club Honors Charter Members

August 24, 2017

The new Stoneville Legacy Club honored 129 growers who recorded average yields of 1,794 lbs/A or higher on at least 20 acres with Stoneville cotton varieties.

Product News

Improved Bollworm Management Expected in 2018

August 23, 2017

Southeast Texas cotton farmers should have new tools available in 2018 to better manage bollworms and other potentially damaging pests.

Latest News
Production Outlook / Acreage

Cotton Highlights from October WASDE Report

October 12, 2017

USDA’s WASDE report for October lowers U.S. production and export forecasts for the 2017 crop, while global projections rise slightly due to expected larger crops in other countries.

Production Outlook / Acreage

Riding a Rising Market

August 30, 2017

California grower Aaron Barcellos relies on smart water use to help take full advantage of a rising Pima market and replenished water supplies.

Production Outlook / Acreage

Cotton Highlights from August WASDE Report

August 10, 2017

Results from the first crop production survey for 2017 drive the numbers in USDA’s WASDE report for August – including forecasts for the highest U.S. production in 11 years.

Production Outlook / Acreage

USDA: Planted Cotton Acres Up 20% in 2017

June 30, 2017

USDA’s 2017 Planted Acres report, issued today, shows planted area for U.S. cotton at 12.1 million acres – 20% above last year.

Production Outlook / Acreage

USDA Report Shows 12.2 Million Acres for 2017

March 31, 2017

USDA’s Prospective Plantings report indicates that 12.2 million acres of cotton will be planted in the U.S. in 2017.

Production Outlook / Acreage

Strong Exports Helping Drive Higher Cotton Prices

March 23, 2017

Growers can expect to make at least 5 to 6 cents more per pound of cotton than this time last year, primarily due to increased exports.

Production Outlook / Acreage

NCC Projects 11 Million U.S. Cotton Acres in 2017

February 11, 2017

The National Cotton Council is projecting a total of 11.0 million acres of cotton to be planted in the U.S. in 2017.

Production Outlook / Acreage

2017 Looks Like a Good Year for SC Cotton Growers

February 1, 2017

South Carolina cotton growers can expect to see a better year in 2017, says a Clemson University economist.

Production Outlook / Acreage

USDA: 10 Million Cotton Acres Planted in 2016

July 1, 2016

USDA’s first acreage report for 2016 shows that U.S. cotton growers have planted 10 million acres in 2016 – a 17% jump above last year's plantings.

Production Outlook / Acreage

Considering Soil Health

February 22, 2016

Soil health improvement is needed for long-term goal-oriented management tailored to the soils in each field.

Production Outlook / Acreage

Georgia Cotton Enterprise Budgets Available Online

February 16, 2016

The University of Georgia’s Cotton Enterprise Budgets for 2016 are now available online.

Production Outlook / Acreage

NCC Survey Predicts 9.1 Million U.S. Cotton Acres in 2016

February 7, 2016

U.S. cotton producers intend to plant 9.1 million cotton acres this spring, according to the National Cotton Council’s 35th Annual Early Season Planting Intentions Survey.

Production Outlook / Acreage

Arkansas Extension Issues New Risk Management Resources

January 22, 2016

The University of Arkansas Cooperative Extension Service has developed a series of risk management resources to help growers manage their farming decisions in a time of increased uncertainty for agriculture.

Production Outlook / Acreage

Survey Points to Moderate Acreage Gains for Cotton in 2016

January 4, 2016

The 2016 Cotton Grower Acreage Survey reveals that floundering competitive prices and high yields could mean brighter days ahead for U.S. cotton.

Production Outlook / Acreage

Arkansas Issues Crop Enterprise Budgets for 2016 Planning

December 8, 2015

The University of Arkansas Division of Agriculture has issued crop enterprise budgets to help growers plan for the 2016 production year.