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Shurley on Cotton: Breaking The 67-Cent Barrier – When?
For producers still holding a portion, or all, of last year’s crop, so far it’s been a mostly unrewarding ride. Prices are a few cents higher but essentially at the
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Shurley on Cotton: May Numbers as Expected – Sideways Market to Continue
During winter Extension meetings with cotton growers, I called it “breaking the cycle”. It’s been expected and USDA’s numbers released today are the first signs. I’ve said that “breaking the
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Shurley on Cotton: Market Remains in Range, Tempts Downside Support
New crop Dec15 futures hover just above 64 cents today. This is a continuation of the slide that began last week. Since peaking at just under 67 cents back on
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Shurley on Cotton: Prices Narrow, Yield Could End Better than Estimated
Cotton growers are optimistically waiting for prices to break to the upside. But patience is wearing thin. There are factors in play that are potentially “bullish” that could take prices
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Shurley on Cotton: Acreage Estimate Comes in Low – But Now There’s Even More...
The long-awaited and much anticipated first estimates of actual crop acres planted for 2015 are out. Pre-report estimates by observers and analysts for cotton ranged mostly from 9.1 to 9.5
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Shurley on Cotton: Prices Now Tracking Back Down the Same Row
If cotton prices were a tractor or other piece of heavy farm machinery, we would already have a serious soil compaction problem–tracking over the same ground time after time after
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Shurley on Cotton: Path to 70 Cents Still Negotiable, but Now Rockier
Growers waiting on 70 cents, some/most are still waiting while others may have taken some sort of action already at the 67 to 68-cent area. The goal of 70 cents
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Shurley on Cotton: USDA Numbers Send Prices Soaring
The past few weeks have not been kind to cotton. Prices (Dec15 futures) have broken down through that important “trend of increasing support” line and have threatened to move lower.
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Shurley on Cotton: Where Does This Wild Season Go from Here?
Here’s a quote/scene from The Andy Griffith Show: AUNT BEE: Opie, you need to go next door and see Floyd about a haircut. OPIE: But Aunt Bee, those little hairs
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Shurley on Cotton: Sept. Numbers Not Likely to Move the Needle
Cotton growers continue to wait on anything that would push prices to the desired 70-cent level or better. To date, little marketing or price protection has taken place as producers
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Shurley on Cotton: New Lows on Lack of Demand
New York Yankee great Yogi Berra died this week. One of the most famous of his Yogi-isms would be “When you get to a fork in the road, take it”.
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Shurley on Cotton: Rocky Top and a Rocky Road
The Tennessee Vols hammered my beloved Dawgs this past weekend. As it ends up, maybe my Dawgs are not all they were earlier cracked up to be–with or without their
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Shurley on Cotton: Market Once Again In Need of a 4-Wheel Drive
Cotton once again seems to be meandering in the muck and mire and going nowhere. The recent rally to near the 65-cent area fizzled out and prices have since retreated
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Shurley on Cotton: Prices Need Something to Grab Hold Of
If you don’t have a firm hold on things, sometimes it results in a fall. If you’re a deer hunter and have ever fallen out of a stand or slipped off the
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Shurley on Cotton: Prices Finding Support, Even a Little Momentum
Cotton has had a relatively good last couple of weeks. Prices (Mar16 futures) seem to have found increasing support around the 62-cent level. Sixty-two cents is nothing to get excited
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Shurley on Cotton: Market Hits a Wall at 65 Cents
While cotton futures prices are still in the long standing 62 to 67-cent trading range, prices made a nice “recovery” over the past few weeks. Prices (Mar16 futures) have “rallied”
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Georgia Cotton: Low Prices Expected to Continue in ’16
University of Georgia Cooperative Extension cotton economist Don Shurley says that Georgia cotton farmers can expect prices to remain low for their crop until worldwide demand improves. “There’s plenty of
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Shurley on Cotton: Demand Growth is Key Factor for 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
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Georgia: 2016 Crop Comparison Tool & Enterprise Budgets
The 2016 Crop Comparison Tool and Row Crop Budgets from UGA Extension Economists Amanda Smith and Dr. Don Shurley are now available.
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Shurley On Cotton: Market Stabilizes, So What’s Next?
Old crop Mar16 futures close 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
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