Memorial Day WeekendDelivers;

Planting Progress StillLags Slightly

Friday, May 30, 2003                    ByShawn Wade

      Recenthistory has made the Memorial Day weekend a slice of time that many High Plainscotton producers anticipate with equal parts of dread and optimism.

      Optimism comes from the fact that, about this time, the area often receives ashot of much needed rainfall to get new crops off to a good start.

      Dreadstems from the fact that sometimes the storm systems that bring welcomemoisture also have a tendency to deliver hail that is devastating to newlyestablished crops, or followed by high winds that are equally devastating.

      The2003 Memorial Day weekend contained all of these possibilities, but deliveredconsiderably more of the good than the bad.

      Thearea enjoyed a couple of rounds of good rain and, except for a few isolatedlocations, did not receive much hail. Winds have also been blessedly absentover the weekend and through the past week.

      Theend result has been a window allowing some growers a chance to get out andprotect fields against a future high wind event, and others to either begin orcomplete the planting process.

      Plantingprogress is also expected to take a big upswing as a result of the moisturereceived. With moisture to plant, planting the remaining non-irrigated crop isexpected to account for the majority of the areaŐs planting progress. Add inthe fact that the calendar is rapidly approaching final planting dates for cropinsurance and things should shake out pretty quickly.

      Thearea is still looking for an estimated 3.8 million acres to be seeded to cottonin 2003.

 

DonŐt Forget To Vote !

Friday, May 30, 2003                    By Shawn Wade

      Regardlessof the choice, making the effort to vote in June 3rdŐs specialelection is critical to getting this areaŐs next Congressional representativeoff to a good start in Washington, DC.

      Theelectioneering is almost complete and now voters from the 19thDistrict are set to decide who will be the itsŐ next representative to the U.S.House of Representatives.

      Thestrongest message residents of the 19th District can send toWashington, DC regarding issues important to this area, such as the recentlypassed Farm Bill, is a visible and active participation in the process toselect that representative.

      Goodvoter turn-out in the election will only strengthen the voice that they bringon behalf of the people of the 19th District.

 

Average Price Received Through April

      Counter-cyclicalpayments for the 2002-crop Upland cotton are calculated using the weightedaverage price received by farmers for the 2002-2003 Upland cotton marketingyear.

      Thefollowing table shows the average price received each month by farmers and theassociated weighted average price based on cumulative marketings through eachmonth.

 

Farm Prices ForUpland Cotton

CropYear 2002-03

(Weighted by Marketings)

Month

Marketings

Prices

 

(000Ős of Running Bales)

(Cents/Lb.)

 

Monthly

Cum.

Monthly

Weighted

August

354

354

33.00

33.00

September

412

766

35.20

34.18

October

749

1,515

39.00

36.56

November

1,417

2,932

41.90

39.14

December

2,380

5,312

42.10

40.47

January

1,980

7,292

44.00

41.43

February

1,374

8,666

45.20

42.03

March

795

9,461

47.30

42.47

April

592

10,053

45.00

42.62

May

NA

NA

46.60

NA

Source: USDA-NASS      *Mayprice is a preliminary estimate