Bacon County Ag Update

Cotton Marketing News– May 26, 2015

New crop Dec15 futures hover just above 64 cents today.  This is a continuation of the slide that began last week.  Since peaking at just under 67 cents back on the 15th, new crop prices have lost 2.74 cents/lb.  For the fourth time, prices hit that ceiling at 66 to 67 cents and just can’t muster enough to break through.  With today’s action, we also now sit at that important “trend of increasing support” line.  So, this week could become a test—the 62 to 67-cent range will likely hold but will the uptrend of increasing lows of support also hold and if so, will be market begin another “recovery”?  With the ceiling at 67 cents seemingly pretty firm and with the “uptrend of lows” if it holds, the price range is tightening.
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USDA Rural Energy for America Program (REEP)

There are some Energy Efficiency Grant funds available through the USDA Rural Energy for America Program (REEP). This program is available to increase the energy efficiency Irrigation pumps, Poultry Houses, and Dairy farms. Irrigation Pumps- Used to convert from diesel to electric. Possibly it could be used to upgrade to more…
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Cotton Marketing News April

Don Shurley, UGA Extension, says that old and new crop prices are improving.  Follow the link for information on USDA’s production and supply/demand numbers, world stocks and strategies for pricing 2015 cotton crop. Click here for Cotton Marketing News link CMN04092015
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