by Doug Mayo | Feb 19, 2016
February has thus far been a brutal month for cotton prices. Old crop May16 futures prices have lost 4 cents per pound and new crop Dec16 futures have lost over 3½ cents. This represents a 6% loss in value just within the past 10 days or so. Both old crop and new crop...
by Doug Mayo | Feb 5, 2016
Much of the agricultural economy in the country is driven by the basic economic principles of supply and demand. Why are commodity prices for crops grown in the Southeast so low? For the most part it is related to an increase in the supply (production) and a...
by Doug Mayo | Feb 5, 2016
Chris Prevatt, UF/IFAS Livestock Economist The August 2016 Feeder Cattle futures contract declined by $8.70/cwt. during January. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $65.25/hd. ($8.70/cwt. * 7.5 cwt.) on a...
by Doug Mayo | Jan 29, 2016
Old crop Mar16 futures closed today at 62.45 cents—up 1.04 cents for the week. After recently threatening the 61-cent area and even challenging 60 cents in late September, prices now seem to have found a little support and, dare we say, upward momentum. The decline of...
by Doug Mayo | Jan 15, 2016
The New Year has not started off well for cotton. Old crop March futures currently stand at roughly 62 cents and new crop December futures at roughly 63 cents—both down 2 to 3 cents from the most recent high. On the decline, cotton prices reached the lowest levels...
by Doug Mayo | Jan 8, 2016
Chris Prevatt, UF/IFAS Livestock Economist The August 2016 Feeder Cattle futures contract declined by $1.10/cwt. during December. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $8.25/hd. ($1.10/cwt. * 7.5 cwt.) on a...
