2007 PCG SEED COST CALCULATOR READY TO GO

Friday, February 16, 2007                          By Shawn Wade

      An updated version of the2007 Plains Cotton Growers Seed Cost Calculator is now available. Growersinterested in comparing prices for their 2007 planting seed options candownload the calculator at http://www.plainscotton.org.

      The 2007 version includes 143conventional, Roundup Ready, Roundup Ready FLEX, Liberty Link, Bollgard andBollgard II and Widestrike varieties, as well as numerous stacked gene versionsof these technologies that will be available for sale in West Texas in 2007.Should information on additional varieties become available, an update to thespreadsheet will be developed and posted on PCG's website.

      The PCG calculator is aninteractive Microsoft Excel spreadsheet that allows producers to calculate anestimated cost per acre, for both seed and technology, based on publishedsuggested retail prices.

      The web page also includeslinks to the free program Open Office. Open Office can open and run MicrosoftExcel spreadsheets for users that do not have Microsoft Excel on theircomputers.

      The PCG calculator retainsall of the functionality it had in 2006, including the ability for a grower toselect up to nine varieties, from the list companies have said will beavailable in the West Texas market in 2007, for side by side comparison.

      The calculator also givesgrowers the ability to see how various seed and technology combinations compareon a per-acre cost basis using their own target seeding rate expressed inplants per acre or calculated as a function of row width and number of seedplanted per foot of row.

      The PCG spreadsheet will alsoshow how much of a grower's per-acre cost is attributable to the cost of seedand technology, respectively, and the amount of change that occurred from 2006levels.

      It should be noted thatMonsanto has already announced that 2007 seed drop rates and technology feesfor Roundup Ready, Roundup Ready FLEX, Bollgard and Bollgard II will remain at2006 levels in the West Texas region. Phytogen cotton seed has also left itsWidestrike technology fee at the 2006 level as well.

      Any variations in technologypricing between 2006 and 2007 are likely to be the result of differences in thenumber of seed per pound reported for varieties packaged in 50-pound bags.Varieties sold in standard seed count packaging will show no change intechnology costs from 2006 to 2007.

      As it did in 2006, PCG's 2007Seed Cost Calculator will also show the effect of Monsanto's 2007 Cap CostProgram for its technology products. The Cap Cost program puts an upper limiton the per acre technology cost of Monsanto traits when per acre planting ratesexceed approximately 56,000 seed per acre.

      Additionally, the calculatorincludes separate worksheets that group varieties by type (Conventional;Roundup Ready, Liberty Link & Liberty Link/Bollgard II; Roundup Ready FLEX;Roundup Ready FLEX with Bollgard II or Widestrike; Bollgard/Bollgard II,Roundup Ready with Bollgard/Bollgard II technology, and Roundup Ready withWidestrike technology).

      Details about 2007 Replantand Drought Relief programs from seed providers will be posted on the PCGwebsite as soon as they are made available to us. Several companies have notyet announced their 2007 programs as of the release date for the calculator.

      A comprehensive overview ofthese programs will also be incorporated into the PCG calculator as soon as itall becomes available. Growers are encouraged to check the PCG websiteregularly for future updates.

 

ALL-TEX SEED ANNOUNCES 2007
DROUGHT AND REPLANT RELIEF PROGRAMS

Friday, February 16, 2007                          By Shawn Wade

      Even though not all of thecotton seed providers serving the West Texas region have finalized theirReplant and Drought Relief programs for 2007, it is clear that for the secondyear High Plains cotton seed providers are continuing their risk sharingactivities and plan to offer an innovative and diverse set risk sharingprograms this year.

      Continuing that trend,Levelland-based All-Tex Seed announced earlier this week the continuation ofits Drought and Replant Relief programs for growers. Full details about theAll-Tex programs can be found on the PCG website. Also included in the All-Texannouncement was information about the company's 2007 "Buy 7 – Get 1 Free"pricing program.

      Under the "7+1" pricingprogram growers will receive one bag of free seed for every seven bagspurchased at full price. Under the program a grower needing 96 total bags wouldpurchase 84 bags and receive 12 free to meet their needs.

      The "7+1" seed pricingprogram applies to the cost of seed only, applicable Monsanto technology feeswill still be charged for each bag of seed received by the grower.

      Details of the 2007 All-TexDrought Relief program include:

  In the eventof a dryland drought, a grower whose cotton is lost or yields less than 150 perof lint per land acre will qualify.

  For qualifyinglosses on all All-Tex B2RF cotton varieties, the grower will receive a refundequal to 50 percent of the suggested retail price of the seed.

  For qualifyinglosses on all All-Tex Roundup Ready varieties the grower will receive a seedcredit for 100 percent of the All-Tex seed they purchased. Vouchers for thecredit will be supplied to the dealer who sold the original seed and seed willbe delivered to the same dealer in the farmers name in April 2008.

      In addition to its DroughtRelief program All-Tex is also continuing its Replant Relief program in 2007.For growers who plant All-Tex cotton seed varieties in 2007, and subsequentlysuffer losses that necessitate the acreage be replanted, All-Tex will provide100 percent All-Tex brand cotton seed to farmers who replant their lost acreagewith All-Tex brand cotton seed.

      The All-Tex Replant programis in effect for all All-Tex cotton seed varieties, except conventional seed, for the 2007 planting season.

      Farmers seeking a replantrefund should contact their local dealer or All-Tex Seed before tilling orreplanting any fields associated with a Replant Refund request. On-siteverification of the loss may be required before a replant claim is processed.All replant claim forms must be filled out and returned to All-Tex Seed by July15, 2007.

      Upon approval of any replantclaim form a check will be mailed to the dealer where the seed was originallypurchased. All-Tex makes no warranty or guarantee regarding availability ofspecific varieties for replanting purposes. If the originally-planted varietyis not available another All-Tex brand cotton variety must be substituted notto exceed the original value of the first planting.

 

SECOND 2006 PARTIAL CC PAYMENTANNOUNCED

Friday, February 16, 2007                          By Shawn Wade

      The USDA Farm Service Agencyannounced the second 2006 Advance Counter-cyclical payment rates for Uplandcotton and Peanuts on February 12.

      The announcement maintainedUSDA's projection for a maximum 2006 Counter-cyclical payment rate for UplandCotton. The maximum counter-cyclical payment rate allowed by the 2002 Farm Billis 13.73-cents.

      Based on Monday'sannouncement, cotton producers requesting the second partial payment will beeligible to receive 70 percent of the estimated 2006 payment rate, or 9.61cents per pound, if they did not request the first partial Counter-cyclicalpayment in October 2006.

      Producers who received thefirst partial Upland Cotton Counter-cyclical payment of 4.81 cents will belimited to an additional 4.8 cents for their second partial payment.

      Also on February 12, USDAannounced the second Advance payment rate for Peanuts at the same time as theannouncement for cotton. According to USDA the second Advance partial paymentfor peanuts will total $72.80 per short ton. Producers who received the firstpartial Peanut Counter-cyclical payment will be limited to an additional $36.40for their second partial payment.

      The following table providesthe second 2006 partial Counter-cyclical payment rates for Upland Cotton andPeanuts as announced by the Farm Service Agency.

 

Crop

Projected Payment Rate

2nd Advance Payment Rate

Payment Rate Less 1st Advance

Upland Cotton (lb)

$0.1373

$0.0961

$0.048

Peanuts (ton)

$104

$72.80

$36.40

Source: USDA Farm Service Agency

 

FOUROPPORTUNITIES REMAIN FOR PRODUCERS TO
ATTEND HIGH PLAINS PRODUCTION CONFERENCES

      Helping farmers stay up onthe latest trends in crop production, marketing, and management ideas is thenumber one goal of High Plains crop production conferences. Sponsored by TexasCooperative Extension, the Conferences offer production information forproducers entering the 2007 growing season.

      By attending the conferencesproducers can also earn continuing education units (CEUs) necessary to maintainprivate and commercial applicator licenses.

 

2007 High Plains ProductionConference Schedule

February 20

High Plains Cotton Conference, Amarillo

 

For more information contact Texas Cooperative Extension Amarillo at 806-677-5600.

February 27

Caprock Cotton Conference

 

For more information contact J.D. Ragland,

Floyd CEA-AG, at 806-983-4912.

March 2

West Plains Cotton Conference

 

For more information contact Chris Edens, Hockley CEA-AG at 806-894-2406.

March 5

Hereford Cotton Conference

 

For more information contact Rick Auckerman, Deaf Smith CEA-AG at 806-364-3573.