2009 Harvest Gaining Steam As Producers
Keep Wary Eye On The Weather

Friday, October 30, 2009                    By Shawn Wade

      The past two weeks have allowed the High Plains to gain a little traction on the 2009 harvest. Recent estimates indicate the area is close to having 25 percent of the crop harvested.

      Yields reports continue to be favorable with a great many early-harvested irrigated fields being reported in the two to three bale per acre range. Early non-irrigated yields are also holding up well with a fair number of acres reporting bale an acre cotton.

      As more non-irrigated fields are harvested dryland yields are likely to fall back because many lower yielding dryland acres have been sitting on the sidelines waiting on a hard freeze to prepare them for harvest.

      Getting to the 25 percent harvested milestone hasn't been an easy process. Several brief weather events that could have caused significant problems, thankfully, failed to create widespread issues for cotton producers.

      While a few isolated areas did receive more than an inch of moisture, most producers haven't been kept out of the field for more than a day or two with any of the recent weather. Following each event conditions recovered quickly enough for growers to get back to work with minimal delays.

      A favorable forecast for next week should allow growers to pick up their pace even more and rapidly advance 2009 harvest progress.

 

Cotton Research & Promotion Program Sets
Referendum To Enact 2008 Farm Bill Change

      The U.S. Department of Agriculture (USDA) is conducting a referendum among U.S. Upland cotton producers and importers to implement changes made by Congress in the 2008 Farm Bill. The voting period opened on October 13, 2009, and continues through November 10, 2009.

      In the farm bill the states of Kansas, Virginia and Florida were recognized as separate states to be included in the definition of "cotton-producing state" as defined in the Cotton Research and Promotion Act (Act).

      According to the Act, a referendum among cotton producers and importers is required to amend the Order or any of its provisions. The AMS is providing an opportunity for all eligible persons to vote on the amendments to the Order.

      Producers will have an opportunity to vote by mail or through their respective Farm Service Agency County office. All known cotton importers will be mailed a ballot and referendum instructions. Ballots will also be available on the Internet at http://www.ams.usda.gov/cotton.

     The final referendum rules and the proposed rule and referendum order were published in the October 5, 2009, Federal Register, and can be found on the Internet at: http://www.regulations.gov.

 

2009 High Plains Cotton Quality Summary

      The following is a summary of the cotton classed at the Lubbock and Lamesa USDA Cotton Division Cotton Classing Offices for the 2009 production season.

 

Current Week:

 

Office

Bales

Color

Leaf

Staple

Lamesa

70,745

21+ - 69.3%

31 - 27.5%

2.80

35.77

Lubbock

151,455

21+ - 46.5%

31 - 47.6%

3.27

35.87

 

Mike

Strength

Uniformity

Bark

Lamesa

4.19

30.12

80.69

32.4%

Lubbock

4.04

30.37

80.50

13.6%

 

 

Season Totals To Date:

 

Office

Bales

Color

Leaf

Staple

Lamesa

158,542

21+ - 72.8%

31 - 24.4%

2.81

35.84

Lubbock

250,118

21+ - 47.7%

31 - 46.4%

3.19

35.85

 

Mike

Strength

Uniformity

Bark

Lamesa

4.15

29.88

80.66

25.7%

Lubbock

4.05

30.28

80.50

14.8%

Source: USDA AMS

 

October 29 Upland Cotton Adjusted
World Price (AWP) Announcement

      The Department of Agriculture's Commodity Credit Corporation announced the adjusted world price (AWP) for Strict Low Middling (SLM) 1-1/16 inch (leaf grade 4, micronaire 3.5-3.6 and 4.3-4.9, strength 25.5-29.4 grams per tex, length uniformity of 79.5-82.4 percent) upland cotton (base quality), adjusted to U.S. quality and location, the fine count adjustment (FCA), the coarse count adjustment (CCA), and the loan deficiency payment rate that will be in effect from 12:01 a.m., Eastern Time, Friday, October 30, 2009, through midnight, Eastern Time, Thursday, November 5, 2009.

      The next announcement of the AWP, FCA, CCA, and LDP The next announcement of the AWP, FCA, CCA, and LDP rate for upland cotton will be on Thursday, November 5, 2009, at 4:00 p.m., Eastern Time.

UPLAND COTTON ANNOUNCEMENT

October 29, 2009

                                                                                                   Cents/lb.

Adjusted World Price (AWP)                                                 51.98

Fine Count Adjustment (FCA) 2008 Crop                                  0.00

Fine Count Adjustment (FCA) 2009 Crop                                  0.00

Coarse Count Adjustment (CCA)                                                  0.00

Loan Deficiency Payment Rate                                                0.02

 

This week's AWP, FCA, and CCA are determined as follows:

FE Price                                                                                      68.35

Adjustments:

         Avg. costs to market                     -13.07

         SLM 1-1/16 inch cotton                - 3.30

Sum of Adjustments                                                                  -16.37

ADJUSTED WORLD PRICE                                                 51.98