PCG EXECUTIVECOMMITTEE MEETS WITH
HIGH PLAINS CONGRESSIONAL REPRESENTATIVES

Friday,September 1, 2006                              ByShawn Wade

      Reinforcingthe importance of obtaining a 2005-2006 crop loss assistance package whenCongress reconvenes after the Labor Day weekend was a top priority for membersof the Plains Cotton Growers Executive Committee and staff this week duringmeetings with the region's three congressional representatives.

      Themeetings, held August 30 and 31, with Rep. Mike Conaway, Rep. Randy Neugebauerand Rep. Mac Thornberry and their staffs provided the Congressmen anopportunity to sit down with members of the PCG Executive Committee to discusswhat is happening on a number of important legislative fronts.

      Perhapsthe most time-sensitive issue communicated to the High Plains Congressionalcontingent was the serious need for a comprehensive 2005-2006 disaster program.Following the meetings, PCG representatives expressed their appreciation toeach of the Congressmen for their commitment to securing a disaster package asquickly as possible.

      Whileit is clear that disaster assistance is a top priority for High PlainsCongressmen and a great many other members of Congress, it is unclear whetherthat same sense of urgency exists among the House leadership and theAdministration. The Senate has already passed a 2005 disaster assistancepackage that could be expanded to include 2006 losses as well.

      Cropand livestock producers across the nation are depending on their Congressionalrepresentatives to work with leaders like Congressmen Conaway, Neugebauer andThornberry to build a consensus and spark the effort that will provide them theassistance they need to make it through this difficult situation.

      Additionaltopics for the PCG Executive Committee during this week's meetings included the2007 Farm Bill development process and federal crop insurance. On the FarmBill, PCG reiterated its support for current law and the need to extend theprovisions of the current law "as-is."

      Eachof the High Plains Congressmen reaffirmed their support for the current billand expressed their support for an extension of its provisions beyond 2007.

 

SEC. JOHANNS ANNOUNCES FINAL 2005-CROP
UPLAND COTTON COUNTER-CYCLICAL PAYMENT RATE

Friday,September 1, 2006                              By Shawn Wade

      USDASecretary Mike Johanns' announcement that some $700 million in final 2005-cropUpland Cotton and Grain Sorghum Counter-cyclical program payments would bedelivered to producers "as quickly as possible" was welcome news to the cottonindustry.

      Thefact that the final announced CC payment rate for cotton was set at 13.73 centsper pound wasn't much of a surprise to Plains Cotton Growers members, who havewatched the weighted average market price fluctuate in a narrow range for mostof the 2005-marketing year.

      Thefinal 2005-crop Weighted Average Price Received by Growers, calculated withAugust 2005 thru July 2006 monthly marketing and price figures came in at 47.74cents, well below the 52-cent per pound national average loan rate for UplandCotton. A total of 14.978 million bales were reported as marketed during theyear.

      The2005 Counter-cyclical Program's final payment rate of 13.73 cents is derived bytaking the Upland Cotton target price of 72.4 cents and subtracting the UplandCotton Direct Payment rate of 6.67 cents per pound and then subtracting thehigher of the Weighted Average Price Received or the Upland Cotton nationalbase loan rate.

      Growerswho signed up for the 2005 Direct and Counter-cyclical program and receivedboth partial CC payments during the course of the 2005 marketing year willreceive a final 2005-crop CC payment rate of 4.12 cents per pound.

      Chronologically,the first partial CC payment was announced October 26, 2005 and totaled 4.81cents. The second partial CC payment was announced February 14, 2006.

      Cottonproducers getting the second partial payment were eligible to receive 70percent of the estimated 2005 payment rate, or 9.61 cents per pound, if theydid not request the first partial Counter-cyclical payment in October 2005.Producers who received the first partial Counter-cyclical payment of 4.81 centswere be limited to an additional 4.8 cents for their second partial payment.

      Thefinal payment rate for growers who elected to receive both advance 2005-crop CCpayments is equal to 30 percent of the 13.73 maximum Upland Cotton CC paymentrate.

      Thefollowing table shows the average price received each month by farmers and thecalculated weighted average price based on estimated cumulative marketings andprices reported by the National Ag Statistics Service through July 2006.

Monthly Weighted Average Price Received for

2005-crop Upland Cotton

(Weighted by Marketings)

 

Marketings

Prices

 

 

(000's of Running bales)

(cents/Lb.)

 

 

Monthly

Cum.

Monthly

Weighted

 

August

1,233

1,233

42.10

42.10

September

518

1,751

44.30

42.75

October

911

2,662

48.50

44.72

November

1,831

4,493

48.50

46.26

December

3,264

7,757

47.90

46.95

January

2,420

10,177

48.60

47.34

February

1,182

11,359

49.00

47.51

March

1,169

12,528

50.40

47.78

April

516

13,044

48.60

47.82

May

658

13,702

46.80

47.77

June

635

14,337

47.70

47.76

July

641

14,978

47.10

47.74

Source: National Agricultural Statistics Service

 

2006 HARVEST AID GUIDE NOW AVAILABLE

Friday,September 1, 2006                              ByShawn Wade

      The 2006 crop, both irrigated and dryland, is maturing at a rapid pace and HighPlains cotton producers are already beginning to think about their harvest aidregimens to ensure a quick and efficient 2006 harvest.

      Aswe noted last week, the best place for growers to go for sound advice is thenewly updated 2006 Harvest Aid Guide published by Dr. Randy Boman, CottonAgronomist, Texas Cooperative Extension. Dr. Boman has notified us that therevised 2006 Harvest Aid Guide is now available on the Lubbock TAMU Researchand Extension Center website. The revised 2006 Harvest Aid Guide can be foundat: http://lubbock.tamu.edu/cotton

 

HIGH PLAINS EVENTCALENDAR

            Thetable below contains a partial listing of the events already scheduled. Growersinterested in attending any of the Texas Cooperative Extension events shouldcontact the appropriate TCE County office to request additional details.

      For more information about the industry Field Days listed below contact your local sales representative or dealer. Additional details will be included in "Cotton News" as they become available.

2006 Extension Crop Tours &
Cotton Industry Event Schedule

Event:

Date:

Yoakum County Crop Tour

September 12

Floyd County Crop Tour

September 19

Mitchell County Ag Tour

September 21

Crosby County Crop Tour

September 29-

 

 

Industry Events:

Date:

Deltapine Field Day

September 7

West Texas Ag Chemicals
Institute Annual Meeting

September 13

 

FiberMax Field Day

September 21

Stoneville/Monsanto Field Day

September 26

All-Tex Field Day / Fish Fry

 

September 27,
10:00 AM, Levelland Delinting

 

NRCS TO HOLD 2007 EQIP PDG/LWG MEETINGS

      Texas Soil and WaterConservation Districts invite the public, and any agencies with interest, toparticipate in the agency's 2007 Program Development Group (PDG) meetings.

      PDG meetings are led by thelocal Soil and Water Conservation District (SWCD) in partnership withUSDA-Natural Resources Conservation Service (NRCS) Each county in Texas holdsthe public meetings annually and meeting information will soon be posted on theTexas NRCS website (www.tx.nrcs.usda.gov). A partial list of PDG meetings already scheduledis listed below.

      Thepurpose of the PDG is to provide members of the community a forum forsubmitting recommendations on local issues and county based funding that can beaddressed through the Environmental Quality Incentives Program (EQIP).

September EQIP PDG Meeting
Dates, Times andLocations

County:

Date:

Time:

Location:

Garza

9/5/06

8:30AM

Wells Fargo Bank Meeting Rm, 216 W. Main Street, Post, TX

Hartley

9/5/06

1:00 PM

Bar H Restaurant, 1010 Hwy 54 E, Hartley, TX

Deaf Smith

9/6/06

9:00 AM

Hereford Community Center, 100 Ave. C, Hereford, TX

Briscoe

9/7/06

9:00 AM

City Bank, 500 Main St.,

Silverton, TX

Donley

9/7/06

2:00 PM

Clarendon College, 1322 W. 2nd St., Clarendon, TX

Lipscomb

9/7/06

1:30 PM

Follett Community Center, 102 S. Bruce, Follett, TX

Lubbock

9/7/06

9:0 AM

USDA ARS Center, 3810 4th St., Lubbock TX

Lynn

9/7/06

8:30AM

Tahoka Housing Authority Meeting Rm, 1400 Ave. K, Tahoka

Ochiltree

9/7/06

9:00 AM

Museum of the Plains, 1200 N. Main, Perryton, TX

Wheeler

9/7/06

9:00 AM

Wheeler Banking Center, 405 Alan Bean Blvd., Wheeler, TX

Hale

9/8/06

10:30AM

NRCS Service Center, 304 South Garland, Plainview, TX

Hockley

9/8/06

8:00 AM

Chase Bank Meeting Room, 800 8th St., Levelland, TX

Lamb

9/11/06

10:00AM

Lamb County Electric Co-op, 2415 S. Phelps, Ave., Littlefield, TX

Martin/
Glasscock

9/11/06

10:00 AM

4-H Building, Stanton, Texas

Collingsworth

9/12/06

8:00 AM

USAD Service Center, FM 338, Wellington, TX

Dallam

9/12/06

3:00 PM

NRCS Service Center, 622 W. 7th St., Dalhart, TX

Hall

9/12/06

10:00 AM

1st Bank & Trust, 501 Main St., Memphis, TX

Hansford

9/12/06

1:30 PM

First State Bank Meeting Room, Spearman, TX

Roberts

9/12/06

7:30 AM

KNT Cafˇ, 123 Commercial St., Miami, TX

Dickens

9/13/06

7:00 PM

USDA Service Center, 312 Willard, Spur, TX

Hemphill

9/13/06

6:00 PM

County Exhibition Barn, County Exhibition Center Road, Canadian, TX

Cottle

9/14/06

10:00AM

NRCS Service Center, 920 Bray, Paducah, TX