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Tag "Don Shurley"

Cottonseed Proposal, FY18: Details You Need to Know About Generic Base

Cottonseed Proposal, FY18: Details You Need to Know About Generic Base

👤By Don Shurley, University of Georgia Ag Economist 🕔Aug 15, 2017

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 bases on the farm (bases of “covered commodities”

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Shurley on Cotton: So Much for the 18-Mln Bale Scenario – And Higher Prices

Shurley on Cotton: So Much for the 18-Mln Bale Scenario – And Higher Prices

👤By Don Shurley, University of Georgia Ag Economist 🕔Aug 14, 2017

Prior to last 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

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U.S. Cotton Policy: How We Got Here. And, What’s Next?

U.S. Cotton Policy: How We Got Here. And, What’s Next?

👤By Don Shurley, University of Georgia Cotton Economist 🕔Aug 1, 2017

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 growers as expected. One

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Georgia: Estimating 2016 ARC, PLC Payments For Covered Commodities

Georgia: Estimating 2016 ARC, PLC Payments For Covered Commodities

👤By Don Shurley and Adam Rabinowitz, University of Georgia Ag Economists 🕔Jul 26, 2017

A PLC payment is issued when the MYA Price is less than the PLC Reference Price. Estimates of the MYA Price are available during the crop marketing year and, while the final MYA Price may not be known, any estimated/projected

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Shurley on Cotton: Prices Continue to Flounder in New, Lower Range

Shurley on Cotton: Prices Continue to Flounder in New, Lower Range

👤By Don Shurley, University of Georgia Cotton Economist 🕔Jul 14, 2017

This week’s USDA crop production and supply and demand estimates for July did little to correct the direction in prices. The report was actually not bad, but prices continue to show no improvement. The following are highlights from the report:

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Shurley on Cotton: Lower Than Expected Acres Add to Market Uncertainty

Shurley on Cotton: Lower Than Expected Acres Add to Market Uncertainty

👤By Don Shurley, University of Georgia Cotton Economist 🕔Jul 6, 2017

Last week’s USDA Acreage report did not deliver as expected. The market (Dec futures) initially reacted upward but seemingly has now re-established its pre-report bearish tone. These are cautious and confusing times for producers who seek to manage risk in

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Shurley on Cotton: June Report Sends Mixed Signals

Shurley on Cotton: June Report Sends Mixed Signals

👤By Don Shurley, University of Georgia Cotton Economist 🕔Jun 13, 2017

Last week’s USDA monthly crop production and supply and demand estimates contained some good news and some bad news. Overall, I’d have to consider the report somewhat bearish. The market (new crop December futures prices) has been in a “downward-sideways”

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Shurley on Cotton: Is This the Wake-Up Call We’ve Been Expecting?

Shurley on Cotton: Is This the Wake-Up Call We’ve Been Expecting?

👤By Don Shurley, University of Georgia 🕔May 12, 2017

Many years ago, a young man didn’t take his schooling serious enough and ended up spending some time at lovely Fort Polk, Louisiana. That young man was me and that was my wake-up call. It forever changed my life. I

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Shurley on Cotton: Exports Get Another Revision Upward

Shurley on Cotton: Exports Get Another Revision Upward

👤By Don Shurley, University of Georgia Cotton Economist 🕔Apr 12, 2017

USDA’s monthly supply and demand estimates were released today. As expected, US cotton exports for the 2016 crop year (which ends July 31) were increased. Exports are now projected to total 14 million bales. This is an increase of 800,000

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Shurley On Cotton: 80-Cent Fever – 4 Factors Fueling It

Shurley On Cotton: 80-Cent Fever – 4 Factors Fueling It

👤By Don Shurley, Cotton Economist/Professor Emeritus of Cotton Economics 🕔Mar 13, 2017

Eighty-cent fever is running rampant in the cotton market. New crop Dec futures has made a great run and the uptrend is strong. Support seems to be firm. New crop has gained almost a nickel since the first of the

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