The Latest

Events

  1. Texas: Feed-Grain Marketing Workshop, Amarillo, Feb. 10-11

    February 10 @ 8:00 am - March 11 @ 5:00 pm
  2. West Florida Crops Meeting, Jay, February 11

    February 11 @ 7:45 am - 12:00 pm
  3. Georgia: Ag Business Planning Workshop, Glennville, Feb. 11, 18

    February 11 @ 8:00 am - February 18 @ 5:00 pm
  4. Alabama-Florida Peanut Trade Show, Dothan, February 11

    February 11 @ 8:00 am - 5:00 pm
  5. Four States Agricultural Exposition, Texarkana, Feb. 11

    February 11 @ 8:00 am - 5:00 pm
  6. Ohio: Agronomy Workshops, Wooster, Feb. 15, 16

    February 15 @ 8:00 am - February 16 @ 8:00 am
  7. Louisiana: Irrigation Management Workshop, Marksville, Feb. 16-17

    February 16 @ 8:00 am - February 17 @ 8:00 am
  8. Tennessee: Irrigation Meeting, Somerville, Feb. 16

    February 16 @ 8:00 am - 5:00 pm
  9. Tennessee: Cotton Focus Meeting, Jackson, Feb. 18

    February 18 @ 8:00 am - 5:00 pm
  10. Illinois: Ag Tech Innovation Summit, Champaign, Feb. 18

    February 18 @ 8:00 am - 5:00 pm
  11. Texas: Oil, Gas Leasing Workshop, College Station, Feb. 22

    February 22 @ 8:00 am - 5:00 pm
  12. Georgia: Required Classroom Trainings for Auxin Herbicide Tolerant Crops

    February 22 @ 8:00 am - March 1 @ 5:00 pm
  13. Texas: Wild Pig Management Workshop, Burnet, Feb. 24

    February 24 @ 8:00 am - 5:00 pm
  14. Mississippi: Ag Waste Disposal Day, Charleston, Feb. 24

    February 24 @ 8:00 am - 5:00 pm
  15. Virginia: USDA Agricultural Outlook Forum, Arlington, Feb. 25-26

    February 25 @ 8:00 am - February 26 @ 5:00 pm
  16. Georgia: Pest Manager Training, Forsyth, Feb. 25

    February 25 @ 8:00 am - 5:00 pm
  17. Tennessee: Winter Row Crop Marketing Meeting, Mason, Feb. 25

    February 25 @ 8:00 am - 5:00 pm
  18. Texas: Rice Technical Working Group, Galveston, March 1-4

    March 1 @ 8:00 am - March 4 @ 8:00 am
  19. Texas: Rice Technical Working Group Conference, Galveston, March 1-4

    March 1 @ 8:00 am - March 4 @ 5:00 pm
  20. Texas: Permian Basin Cotton Conference, Big Spring, March 1

    March 1 @ 8:00 am - 5:00 pm
  21. Kentucky: IPM Training, Princeton, March 2

    March 2 @ 8:00 am - 5:00 pm
  22. Texas: Regional Sorghum Program, Plainview, March 3

    March 3 @ 8:00 am - 5:00 pm
  23. Indiana Small Farm Conference, Danville, March 4-5

    March 4 @ 8:00 am - March 5 @ 5:00 pm
  24. Kansas: 103rd Annual Cattlemen’s Day, Manhattan, March 4

    March 4 @ 8:00 am - 5:00 pm
  25. Kentucky: Integrated Pest Management Training, Princeton, March 2

    March 6 @ 8:00 am
  26. Oklahoma: Irrigation Conference, Woodward, March 8

    March 8 @ 8:00 am - 5:00 pm
  27. Oklahoma: Pecan Management Course, Stillwater, March 8

    March 8 @ 8:00 am - 5:00 pm
  28. Missouri: Free Pesticide Collection Event, Portageville, March 12

    March 12 @ 8:00 am - 5:00 pm
  29. Florida: Carinata Summit, Quincy, March 15-16

    March 15 @ 8:00 am - March 16 @ 5:00 pm

 

AgFax Media. LLC

142 Westlake Drive Brandon, MS 39047

601-992-9488 Office

Owen Taylor Debra L. Ferguson Laurie Courtney

      

Circulation Questions?

Contact Laurie Courtney

 

AgFax Cotton Review: Prices Expected to Rise; Activists Refuse to Accept Facts on Bt Cotton

Ernst Undesser
By Ernst Undesser, AgFax Web Editor January 30, 2013

AgFax Cotton Review: Prices Expected to Rise; Activists Refuse to Accept Facts on Bt Cotton

Markets/Trade

  • DTN cotton correspondent Duane Howell reports that U.S. cotton futures saw modest gains in current-crop deliveries.
  • Reuters reports India’s Economic Times that Indian cotton prices are expected to rise this week on stronger export demand, though higher supplies may limit uptrend. Southeast Asian markets are showing increased demand and will help to offset losses of sales to China.
  • Fiona Myers writes at WeeklyTimesNow.com that Rabobank has predicted that cotton prices will rise 17% in the next year as the global surplus declines from reduced production.

Production

  • Swaminathan Aiyar of India’s Economic Times reports that, despite Greenpeace’s continued claims to the contrary, Bt cotton has been a boon to Indian farmers, having more than doubled cotton yields in the last decade. Aiyar notes that farmers know better than scientists and activists what is or isn’t working in their fields, and aren’t so gullible as to continue planting an uneconomical crop.

EARLIER THIS WEEK

Markets/Trade

  • Bloomberg reports that Chinese cotton futures surged as government purchases reduce available supply. The government has stockpiled 85% of the current harvest with left for deliverable stocks. However spot markets are awash with local and imported cotton, and textile demand remains weak.
  • Abdel Latif Wahba reports at Bloomberg that Egyptian cotton exports reached 800 metric tons in the week ending Jan. 24.
  • Jack Scoville of Futures Magazine reports that the trend in cotton contracts remains up as strong sales continue. Supply in the market is lacking while another Chinese auction failed over the weekend. There are concerns of less planted acres in the U.S. due to low prices.

Production

Policy/Regulations

  • Rubab Abid writes for the National Post that while GM cotton has been widely blamed for a striking rise in farmer suicides in India, the evidence and several major reports indicate otherwise. Farmer suicide rates began to rise several years before Monsato’s introduction of Bt cotton to the country, and despite claims of failing GM crops Bt cotton has lead to a noticeable rise in yields and reduction in pesticide use. According to reports, the suicide problem is not limited to farmers but plagues the general population, with farmer suicide levels having actually leveled off in the last decade so that suicide rates for ag workers are now half those of other professions.
Ernst Undesser
By Ernst Undesser, AgFax Web Editor January 30, 2013