by Doug Mayo | Aug 18, 2017
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...
by Doug Mayo | Aug 11, 2017
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...
by Doug Mayo | Aug 4, 2017
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...
by Chris Prevatt | Aug 4, 2017
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...
by Chris Prevatt | Jul 28, 2017
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...
by Doug Mayo | Jul 28, 2017
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...