Cotton Marketing News:  Old and New Crop

Cotton Marketing News: Old and New Crop

Last week (May 10,2018) USDA released its monthly crop production and supply and demand estimates.  Each year, the May report contains the first projections for the upcoming new crop year.  Here is a summary of major points for both 2017 old crop, and 2018 new crop....
Cotton Marketing News:  Tariff Talk

Cotton Marketing News: Tariff Talk

A tariff is a fee assessed on imports.  The tariff is a per-unit charge that has to be paid to the government by whomever brings the good across the border, and into the country.  Assuming this fee is passed on by the importer, the impact of a tariff is to increase...
Cotton Marketing News:  Ok, Now This is the Number

Cotton Marketing News: Ok, Now This is the Number

On March 29, USDA released their Prospective Plantings report, which in my opinion, gets us much closer to what will eventually be the acres planted in 2018.  The 13½ million acre neighborhood, or even higher, is what has been expected by many observers, and that’s...
February Florida Cattle Market Price Watch

February Florida Cattle Market Price Watch

The August 2018 Feeder Cattle futures contract decreased by $0.58/cwt. during February. Based on this futures price decrease, August Feeder Cattle revenues decreased by approximately $4.64/head ($0.58/cwt. * 8.0 cwt.) on an 800-pound feeder steer which amounts to...