Cotton Crop Insurance to Protect Against Revenue Losses: Select Harvest Price Exclusion or Not?

Crop insurance is a widely adopted risk management tool for producers. Depending on a producer’s insurance plan, crop insurance can protect against losses due to yield or revenue. For cotton producers, if they select a crop insurance policy to protect them against the losses for revenue, several insurance plans are available, including Area Revenue Protection, Revenue Protection, and Stacked Income …

The Navigability of WOTUS

For well more than a decade, every year has brought a new wave of WOTUS uncertainty. At all but the stroke of midnight to close out 2022, the EPA announced the final revised WOTUS rule which is set to take effect this spring, 60 days after publication in the Federal Register. If headlines about WOTUS over the past decade have …

What If We Don’t Get a Farm Bill in 2023?

One of the questions we have been getting the most as agricultural policy economists is whether we are going to get a 2023 Farm Bill on time.  While there are dedicated teams of ag committee members and staff in the House of Representatives and Senate who are going to do their best to get a farm bill done on time, history …

NCC Lauds Appropriations, Agriculture Panels Leaders For Efforts on Omnibus Bill

MEMPHIS, Tenn. – The National Cotton Council (NCC) applaudsHouse and Senate appropriations and agriculture committees’ leaders for seeing that essential assistance for the U.S. cotton industry was included in the FY23 omnibus spending package. Commended for their efforts on this important legislation areSenate Appropriations Committee Chairman Patrick Leahy (D-VT) and Ranking Member Richard Shelby (R-AL), along with Senate Agriculture Appropriations Subcommittee Chairwoman Tammy Baldwin (D-WI) and Ranking Member John Hoeven (R-ND); andHouse …

Georgia Cotton Farmers Donate Socks to Homeless Shelters

December 2022 On behalf of Georgia’s 3,500 cotton farming families, the Georgia Cotton Commission recently donated 12,000 pairs of socks to various homeless shelters across the state. Farmers delivered socks to the Albany Rescue Mission, the Friends Ministry in Bainbridge, Lowndes Associated Ministries to People in Valdosta, the Southwest Georgia Housing Opportunities in Columbus, The Sparrow’s Nest in Athens, Cedartown …

Nominations for the 2022 Georgia Quality Cotton Awards

Nominations for the 2022 Georgia Quality Cotton Awards are now open. The purpose of the awards is to recognize producers and ginners of high-quality cotton fiber and to identify their general management practices for the benefit of other growers. If you have a cotton gin(s) in your county, please contact the gin(s), give the gin the attached nomination information, and …

Navigating the “winter” in cotton farming in 2023

Yangxuan Liu, Assistant Professor, Department of Agricultural and Applied Economics, University of Georgia Cotton prices in the year 2022 are like a roller coaster ride, combined with an increase in volatility and the highest price achieved for the past decade (Figure 1). Multiple rapid market rallies in the cotton market were observed in 2022, followed by a quick withdrawal of …

Speakers Announced: Georgia Cotton Commission Annual Meeting Jan. 25, 2023

The Georgia Cotton Commission is pleased to announce the guest speakers at the Commission’s 2023 Annual Meeting scheduled for Wednesday, January 25, 2023, at the UGA Tifton Campus Conference Center. The annual meeting is held in conjunction with the UGA Cotton Production Workshop conducted by the UGA Research & Extension Cotton Team. The UGA Cotton Production Workshop will feature breakout sessions …

Looking Ahead to the 2023 Cotton Market

For planning purposes, it is never too early to think about next season’s opportunities and risks.  To start with, we’re still not settled on the size of the 2022 cotton crop. USDA forecasted the latter back in May at over 16 million bales, and their November forecast is two million fewer.  Many in the southern plains expect more downward revision.  If the old …

Miller and Moon Presented 2022 King Cotton Awards

County UGA Cooperative Extension Service agents are an important resource for Georgia cotton farmers.  Agents are known for delivering timely and accurate information, which is instrumental for the success of Georgia’s farmers.  They also perform community specific research, education and outreach programs designed to help farmers maximize yields and efficiency. The Georgia Cotton Commission sponsored the King Cotton Awards to …

Risk Management Considerations for the 2023 Growing Season

The risk faced by producers in the 2022 growing season was unprecedented. As farmers were in the field preparing to plant their crop, Russia invaded Ukraine fueling uncertainty across the world and in agricultural input markets. A few months later, rain fell across the midsouth causing a great deal of yield losses stemming from late planting and prevented planting (Figure …