In this Issue:
  • Winter Annual Forage Seed Costs: What is the Best Deal?
  • Cotton Marketing News: So Much for the 18-Million Bale Scenario and those Higher Prices
  • How Generic Base Could Be Treated with the Cottonseed Proposal for 2018
  • Crop Insurance for Beekeepers
  • Moisture Monitoring, Cover Crops, and Best Management Practices Field Day – August 10
  • July Florida Cattle Market Price Watch
  • 2017 U.S. Cattle Inventory Report
  • Background and Summary of Recent Cotton Policy Developments
  • Cotton Marketing News: Prices Continue to Flounder in New, Lower Range
  • Cotton Marketing News: What Happened to Cotton Acres?
  • Economics

    Winter Annual Forage Seed Costs: What is the Best Deal?

    Source:  UGA Forage Extension Team Adam Speir, UGA Madison County Extension Director, and Dr. Dennis Hancock, UGA State Forage Extension Specialist

    If you haven’t priced annual ryegrass seed yet, I’d suggest having some heart medicine at the ready, or a defibrillator handy. Ryegrass seed is significantly higher than it has been the last few …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/08/18/winter-annual-forage-seed-costs-what-is-the-best-deal/

    Cotton Marketing News: So Much for the 18-Million Bale Scenario and those Higher Prices

    Prior to this week’s USDA crop production estimates, the 2017 US cotton crop was projected at 19 million bales.  There seemed to be general consensus, given the crop conditions in parts of Texas, that the crop would not get bigger with this week’s report.  There was some belief that the crop is actually less …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/08/18/cotton-marketing-news-so-much-for-the-18-million-bale-scenario-and-those-higher-prices/

    How Generic Base Could Be Treated with the Cottonseed Proposal for 2018

    Don Shurley, UGA Emeritus Cotton Economist

    With the 2014 farm bill, cotton base on a farm became “Generic Base.”  If you’ll recall, cotton base on a farm was frozen (could not be increased or decreased), but all other types of base on a farm (base “covered commodities” like corn, soybeans, peanuts, wheat, etc.) could …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/08/11/how-generic-base-could-be-treated-with-the-cottonseed-proposal-for-2018/

    Crop Insurance for Beekeepers

    Crop insurance for beekeeper operations has been expanded to include 19 additional states and now spans the entire 48 contiguous states. On July 27th,  U.S.Department of Agriculture’s (USDA) Risk Management Agency (RMA) announced changes to the Apiculture Pilot Insurance (API) plan, ensuring greater protection for the producers’ honey, pollen collection, wax, and breeding stock.

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/08/04/crop-insurance-for-beekeepers/

    Moisture Monitoring, Cover Crops, and Best Management Practices Field Day – August 10

    Please join us on the morning of August 10th for a Moisture Monitoring, Cover Crops, and Best Management Practices Field Day hosted by UF/IFAS Santa Rosa Extension.  The event will take place from 8:00 am to 9:30 at Mickey Diamond’s Farm: 3270 Scarborough Road near Jay, Florida.

    The following topics will be covered:

    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/08/04/moisture-monitoring-cover-crops-and-best-management-practices-field-day-august-10/

    July Florida Cattle Market Price Watch

    The August 2017 Feeder Cattle futures contract increased by $0.08/cwt. during July. Based on this futures price increase, August Feeder Cattle revenues increased by approximately $0.60/head ($0.08/cwt. * 7.5 cwt.) on a 750-pound feeder steer which amounts to $40.00/truckload (50,000 lbs.). The August Feeder Cattle futures contract high, contract low, and price range …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/08/04/july-florida-cattle-market-price-watch/

    2017 U.S. Cattle Inventory Report

    The semi-annual U.S. Cattle Inventory Report was released on July 21, 2017 by the National Agricultural Statistics Service (NASS) after a one-year absence. This report continued to confirm that U.S. cattle herd expansion is still active. The report saw significant increases in every category except the category of Beef Replacement Heifers, which declined by 100,000 …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/07/28/2017-u-s-cattle-inventory-report/

    Background and Summary of Recent Cotton Policy Developments

    Don Shurley
    Cotton Economist/Professor Emeritus of Cotton Economics

    Under the 2014 farm bill, cotton is not a “covered commodity” and not eligible for the ARC and PLC programs. Cotton’s “safety net” is STAX but STAX has not been as well utilized and accepted by growers as expected.

    One …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/07/28/background-and-summary-of-recent-cotton-policy-developments/

    Cotton Marketing News: Prices Continue to Flounder in New, Lower Range

    Don Shurley, Cotton Economist, UGA Emeritus Professor

    This week’s USDA crop production and supply and demand estimates for July did little to correct the direction in prices.  The report was actually not bad, but prices continue to show no improvement.  The following are highlights from the report:

    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/07/14/cotton-marketing-news-prices-continue-to-flounder-in-new-lower-range/

    Cotton Marketing News: What Happened to Cotton Acres?

    Don Shurley, Cotton Economist, UGA Emeritus Professor

    Last week’s USDA Acreage report did not deliver as expected.  The market (Dec futures) initially reacted upward but seemingly has now re-established its pre-report bearish tone.  These are cautious and confusing times for producers who seek to manage risk in this topsy-turvy market.

    I may be …

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    Permanent link to this article: http://nwdistrict.ifas.ufl.edu/phag/2017/07/07/cotton-marketing-news-what-happened-to-cotton-acres/

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