Tuesday, July 28, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found


VideoFound: older Dachshund running down the road. If this is your dog please call (210)789-0925. Will need proof and verification that the dog is your's.
Lost/dognapped: Black Lab/Pyrenees male puppy, about 30 pounds, vaccination tag on collar, last seen on Wood Valley Dr., Wood Valley Acres, Adkins, Sat., July 18 around noon. 210-827-9533.
Lost: Black cow off Hwy. 119 and Denhawken area, has a horseshoe brand with N on left hip and two ear tags. Call 830-391-5589 or 830-391-4802.
More Lost & Found ads ›

Help Wanted

ON-CALL CRISIS POOL WORKERS NEEDED. Part-time positions are available for after hours “on-call” crisis workers to respond to mental health crisis for Wilson and Karnes Counties. Duties include crisis interventions, assessments, referrals to stabilization services, and referrals for involuntary treatment services according to the Texas Mental Health Laws. You must have at least a Bachelor’s Degree in psychology, sociology, social work, nursing, etc. On-call hours are from 5 p.m.-8 a.m. weekdays, weekends and holidays vary. If selected, you must attend required training and must be able to report to designated safe sites within 1 hour of request for assessment. Compensation is at a rate of $200 per week plus $100 per completed and submitted crisis assessment, and mileage. If interested call Camino Real Community Services, 210-357-0359.
Growing A/C company needs experienced HVAC installer/technician. Serious inquiries only, call 830-477-9652 if interested.
More Help Wanted ads ›

Featured Videos





Video Vault ›
You’ve been granted free access to this subscribers only article.

Agriculture Today


Texas weather, world supply, demand key factors affecting cotton market


Texas weather, world supply, demand key factors affecting cotton market
PAT KOPECKI/Reprints at wilsoncountynews.com Wilson County cotton producers planted more than 3,580 acres in cotton in 2011 versus 1,897 acres in 2010, according to data from the Wilson County Farm Service Agency.


E-Mail this Story to a Friend
Print this Story
March 21, 2012
5,704 views
Post a comment

COLLEGE STATION -- The fate for cotton prices this year will rely on traditional factors such as supply and demand, but the wild card is the outcome of Texas weather as the effects of the 2011 drought linger, according to a Texas AgriLife Extension Service economist in a March 12 press release.

“One of the key question marks is how long of a drought will we have here in Texas and what is that going to do to U.S. production,” said Dr. John Robinson, AgriLife Extension cotton marketing economist.

In his office, Robinson pointed to the latest U.S. Drought Monitor map on a computer display, which depicted varying shades of yellow, brown, and red over much of Texas’ cotton acreage. The different colors represent various degrees of drought.

“We had 7.4 million acres planted last year in Texas, and I think we will have as much this year,” he said. “There’s still a relatively high insurance price with dry conditions prevailing in the southern and western parts of the state. Only time will tell.” Robinson said if ample rainfall is received, Texas cotton producers could produce 3 to 4 million extra bales, but “that’s if we have a good/fairly normal summer.”

“Overall, U.S. production could be fairly tight or we could have somewhat of a surplus, further pressuring prices a bit lower,” he said.

China has aggressively been buying its own cotton and purchasing imported cotton, putting those purchases into stockpiles, Robinson said.

“They’ve purchased over 13 million bales worth and their whole crop is 33 million bales,” he said. “That’s over a third of their crop that they’ve purchased and that has affected world prices.”

The key to price outlook is China’s intentions with the millions of bales of cotton the government has been purchasing, Robinson said.

“They’ve done this with oil before, and people think that 13 million bales of cotton and the imports that are on the shelf will create a supply problem,” Robinson said. “They’re doing this in the same way that the U.S. government maintains a strategic oil reserve. But we don’t know how long they will hold onto these large stockpiles of cotton.”

Robinson said world ending stocks are “large and bearish” with 61 million bales carried over from 2011. In India, government officials announced this week a ban on cotton exports in an attempt to balance export revenue with the needs of the country’s textile industry.

“Because of this, some see China buying even more cotton,” Robinson said. “Some analysts are predicting more tightness than I would. To me, I don’t view it as a bullish thing for the overall market. It’s not market controlled, it’s bureaucratic controlled.”

The overall world economic outlook will ultimately be a large factor in shaping cotton prices for the remainder of the year, Robinson said.

“If we have slow economic growth in the United States, and maybe a recession in Europe, this reduces demand for cotton and weighs on prices,” he said. “If we’ve got these supply problems, depending on what all happens, we could see a picture where we have a surplus of more cotton than we expected.”

Robinson said prices could be in a high range of 90 cents per pound and a low of 70 cents per pound if the United States has more production than expected.

For producers, Robinson said there are a few tools to use as a defense strategy to lower prices.

“If you think we will have weak prices, you can do some forward pricing,” he said. “There’s also the ability to hedge with options contracts.”
 

Your Opinions and Comments


Be the first to comment on this story!


You must be logged in to post a comment.




Not a subscriber?
Subscriber, but no password?
Forgot password?

Agriculture Today Archives


Full article available to Wilson County News subscribers only. Click here to subscribe. Crow is 15th in the nation (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Have you seen a Texas horned lizard? (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hay & Forage Report (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Landscaping picks (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Offices issue receipts (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Recent rains — fewer grasshoppers! (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Stallman announces departure in January (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Report (July 22, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Benefits of the Chinese pistache (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Cattle market outlook, trends short course (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Conservation assistance online for landowners, users (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Crouch Memorial Bull Riding is July 25 (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hay & Forage Report (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Mischief-maker transforms into equine world champion (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Wardens investigate alligator attack (July 15, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Ag-Pro continues John Deere tradition (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Cattlemen, Floresville FFA unite (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hay & Forage Report (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Locals attend conference (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Much of peach crop excellent quality, quantity (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Nomination period open for farm committee (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Report (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Things farmers do when it rains (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Two-part water conservation landscaping workshop in SA (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. U.S. cattle herd safety threatened by Brazilian beef importation? (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. West Nile virus vaccine in horses (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Will new driveway affect live oak? (July 8, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Hay & Forage Report (July 1, 2015)
July 2015 Gardening Calendar (July 1, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Livestock Market Reports (July 1, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Native anaqua is a tasty treat for wildlife (July 1, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. TDA Market Report (July 1, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Texas railway raises concerns on eminent domain (July 1, 2015)
Full article available to Wilson County News subscribers only. Click here to subscribe. Third time's a charm for Buck Taylor roping (July 1, 2015)
Coupons ag-right
Allstate & McBride RealtyHeavenly Touch homeDrama KidsVoncille Bielefeld homeTriple R DC Expertsauto chooser

  Copyright © 2007-2015 Wilson County News. All rights reserved. Web development by Drewa Designs.