Cotton Marketing News:  Prices Get a Much Needed Bounce

Cotton Marketing News: Prices Get a Much Needed Bounce

April was a good month for cotton prices.  So far, May has not been.  Prices do seem to be attempting somewhat of a recovery, however.  Both old crop July futures and new crop December futures have bounced back to recover about half of the decline we’ve experienced so...

Federal Reserve Bank’s April Agriculture Report

The Federal Reserve Banks’ Beige Book indicates agricultural conditions were mixed across the country in its April 13, 2016 release.  Chicago, St. Louis, Minneapolis, Kansas City, and Dallas Federal Reserve Banks reported poor prospects for agricultural profitability...

March Florida Cattle Market Report

The August 2016 Feeder Cattle futures contract declined by $1.30 cwt. during March. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $9.75/hd. ($1.30/cwt. * 7.5 cwt.) on a 750-pound feeder steer which amounts to $650.00...

Cotton Marketing News: Trying to Decipher the Numbers

US cotton growers say they intend to plant 9.56 million acres this year.  We’ve likely all seen or heard the numbers by now so there’s little reason to plow that ground again. Prior to USDA’s Prospective Plantings report yesterday, there were at least two other...