Wednesday Cotton eNews

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February 10, 2016
 

Variety selection is perhaps the season's most important and yet most difficult decision. A poor variety selection decision is not easily overcome. Choose varieties with the genetic potential for higher yield and fiber quality. Plant more than one variety and consider specific traits and crop maturity after yield and quality. Try new varieties on a limited acreage to see how they perform on your farm. The National Cotton Council offers resources to help with that decision at www.cotton.org/tech/physiology/index.cfm. 


 
 
NCC UPDATE
 
(Farm Press) Jimmy Dodson, a Robstown, Texas, cotton producer, in remarks in accepting the 2015 Harry S. Baker Distinguished Service Award at the National Cotton Council’s annual meeting in Dallas, challenged his industry colleagues to persevere through the current challenging times. 
 
 
(Cotton Grower) The National Cotton Council directors and state unit officers for 2016 were announced at the NCC’s annual meeting held in Dallas, TX, in early February. 
 
 
(Cotton Grower) Michael Tate of Huntsville, AL, was elected chairman of the American Cotton Producers (ACP) of the National Cotton Council (NCC) for 2016, during the NCC annual meeting in Dallas, TX, in early February. 
 
 
(Cotton Grower) The Memphis-based National Cotton Ginners Association (NCGA) elected its 2016 officers during its annual meeting in Dallas, TX in early February. 
 
 
(Cotton Grower) Louis Colombini, manager of the Westside Farmers Coop Gins in Fresno and an active ginner leader in California, was named recipient of the National Cotton Ginners Association’s (NCGA) 2015 Horace Hayden National Cotton Ginner of the Year. 
 
 
(Cotton Grower) Keith Lucas, a cooperative official from Garner, NC, will serve as president of Cotton Council International (CCI) for 2016. 
 
 
U.S.COTTON
 
(Cotton Grower) The February 2016 World Agricultural Supply and Demand Estimates (WASDE) report has been released by USDA. Here’s what this month’s report had to say about cotton. 
 
 
WASHINGTON UPDATE
 
(AgriPulse) Funding for a nationwide initiative to feed poor kids during the summer and cuts to the crop insurance program are included in President Barack Obama's proposed fiscal 2017 budget, released today. 
 
 
(House Committee on Agriculture) House Agriculture Committee Chairman K. Michael Conaway issued the following statement in regard to the Obama Administration’s final budget. 
 
 
(Farm Progress) The Obama administration’s final budget proposal for USDA calls for an increased presence in Cuba to increase exports, a reduction in the crop insurance premium subsidy and an increase in conservation funding. 
 
 
(Farm Press) Mike Conaway, R-Texas, Chairman of the House Agriculture Committee, says the issue is not dead. “The fight is not over. The Committee believes the Secretary has the authority to make the designation.” 
 
 
INTERNATIONAL COTTON PRODUCTION
 
(AgFax) The last 12 months have seen a substantial change in expectations about global cotton production and consumption as shown in the above chart comparing USDA’s February 2015 Outlook Forum projections with this month’s updated forecast.  
 
 
TRADE
 
(AgFax) Markets awaited testimony by Fed Chair Janet Yellen before Congress later in the morning. Cash online grower sales increased to 2,626 bales.
 
 
TEXTILES
 
AGRIBUSINESS
 
(AgriPulse) Monsanto has agreed to pay an $80 million penalty and retain an independent compliance consultant to settle charges that it violated accounting rules and misstated company earnings as it pertained to its flagship product Roundup, the Securities and Exchange Commission said today in a release. 
 
 
(AgriPulse) USDA's Economic Research Service released its annual income projections today, and the agency forecasts that farmers will make a little, not a lot, less in 2016 than they made last year. 
 
 
BIOTECHNOLOGY
 
COMMENTARY
 
OF INTEREST
 
(Farm Press) This year's Southern Farm Show drew 30,000 people to the North Carolina State Fairgrounds in Raleigh Feb. 3-5.  
 
 
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