2012 Missouri cotton ginnings below 2011

USDA reports 2012 cotton ginnings in Missouri were 774,450 480-pound bales, compared to 779,250 in 2011 and bales averaged 491.9 pounds, compared to 490.4 the year prior.

Nationally, cotton ginnings were up on the year at 17,285,850 480-pound bales, compared to 15,558,000 in 2011 and all bales averaged 492.9 pounds, compared to 492.8 the previous year.

USDA adds there were 671 active cotton gins in 2012, compared to 682 during the 2011 crop year.

Missouri cotton crop down, U.S. crop up

Missouri’s 2012 cotton crop was down from 2011 as an improved average yield was canceled out by decreased acreage.

Production totaled 710,000 480-pound bales, compared to 741,000 the previous year, with average yield at 1,033 pounds per acre, compared to 969 in 2011. Planted area was 350,000 acres, 25,000 less than last year, while harvested area was 330,000 acres, a 37,000 acre year to year decrease.

Nationally, production was 17.010 million bales, compared to 15.573 million in 2011, with an average yield of 866 pounds per acre, compared to 790 a year ago. Planted area was 12.315 million acres, a year to year decrease of 2.42 million, with harvested area at 9.427 million acres, 34,100 under 2011.

2012/13 U.S. ending stocks are seen at 4.8 million bales, compared to 5.4 million in December and 3.35 million for 2011/12. The average farm price is estimated at $.66 to $.71 per pound, compared to last month’s range of $.65 to $.71.

Closing Grain & Livestock Futures: December 28, 2012

Mar. corn closed at $6.94, up 2 and ½ cents
Jan. soybeans closed at $14.24, up 5 and ¼ cents
Jan. soybean meal closed at $427.70, down $2.10
Jan. soybean oil closed at 48.94, up 65 points
Mar. wheat closed at $7.78 and ¾, up 6 and ½ cents
Dec. live cattle closed at $129.40, up 55 cents
Feb. lean hogs closed at $86.37, down 65 cents
Feb. crude oil closed at $110.62, down $.18
Mar. cotton closed at 74.79, down 122 points
Jan. Class III milk closed at $18.10, down 2 cents
Jan. gold closed at $1,665.30, down $7.80
Dow Jones Industrial Average: 12,938.11, down 158.20 points

Informa projects increased corn, soybean acres

According to one analytical firm, U.S. farmers are going to increase corn, soybean and winter wheat acreage in 2013, with those acres coming at the expense of cotton.

Via Dow Jones Newswires, Informa Economics sees next year’s corn acreage at 99.03 million, up 1.33 million from their October estimate and 2.13 million more than the 2012 total.

Soybean acreage is projected at 78.96 million acres, 1.14 million under the previous guess but 1.76 million above a year ago.

Informa estimates winter wheat acreage at 42.198 million acres, down 302,000 from the October projection but up 898,000 from last year.

Cotton acreage is seen at 10.065 million acres, 65,000 more than the last estimate but 2.055 million less than 2012′s total.

USDA’s winter wheat acreage estimates are out January 11 and prospective plantings for corn, soybeans and cotton are out March 28.

Missouri cotton production down on year

According to the Ag Department, as of December 1, Missouri’s cotton crop is pegged at 700,000 bales, compared to 741,000 a year ago. The yield per acre is estimated at 1,018 pounds, compared to the November 1 estimate of 975 pounds and the 2011 total of 969 pounds per acre. Harvested acreage is projected at 330,000 acres, compared to 367,000 last year. Missouri ginnings as of the first of the month are 714,200 bales, compared to 705,800 this time a year ago.

Nationally, the crop is seen at 17.257 million bales, compared to 15.573 million in 2011 with 89% of the crop harvested as of November 25. On average, yield per acre is expected to be 793 pounds per acre, compared to the November 1 guess of 802 pounds and the year ago average of 790 pounds. U.S. harvested acreage is estimated at 10.443 million acres, compared to 9.461 million in 2011. U.S. cotton ginnings as of December 1 are 12.272 million bales, compared to 13.170 million this time last year.

Enlist™ ready for corn launch in ’13

Byron Hendrix, Dow AgroSciences

Byron Hendrix, Enlist field specialist for Dow Agrosciences, says they are excited about the Enlist weed control system that – pending regulatory approval – will be ready for corn in 2013, soybeans in 2015 and cotton in 2016.  Hendrix says the system will help growers use multiple modes of action in dealing with hard to control weeds and glyphostate resistance and in a drought year like we’ve had with control being especially difficult.

AUDIO: Byron Hendricks (3:00 mp3)

FMC: Targeting weed resistance

FMC Corporation has a full range of herbicides for all areas of the country. Bentley Curry, is a private consultant from northeast Louisiana, who contracts with FMC.  His is a multi-crop area for cotton, corn, soybeans, rice, sweet potatoes, peanuts and grain sorghum. He talks with Brownfield about FMC products:  Display and Broadhead® and more.

AUDIO: Bentley Curry (3:00 mp3)

Missouri soybean harvest takes a big jump

Nearly 900-thousand acres of soybeans were harvested in Missouri last week, which had virtually no rain. The Missouri Ag Statistics field office says harvest as of Sunday was 79 percent complete, a week behind last year but on pace with normal. Ninety-six percent of soybeans were mature, also a bit behind last year.

Cotton and sorghum harvest are a few days behind last year but ahead of the five-year average.

Eighty-three percent to winter wheat was planted, ahead of average. Emergence is ahead of normal and the same as last year at 60 percent. Ninety-one percent of the Missouri winter wheat crop is in fair to good condition.

Temperatures last week were three to seven degrees below average in the state.

Missouri cotton ginnings ahead of 2011 pace

According to the Ag Department, Missouri cotton ginnings are ahead of last year’s pace despite harvest being slower than average.

As of October 15, 221,500 480-pound bales have been ginned in Missouri, compared to 128,300 a year ago at this time. U.S. ginnings are 3.013 million bales, compared to 3.467 million on October 15, 2011.

USDA’s most recent estimate for Missouri’s cotton crop is 650,000 running bales, compared to the 2011 total of 741,000. U.S. production is projected at 17.3 million bales, which would be an 11% year to year increase.

Central Texas farmer having a great year

After suffering through one of their worst droughts ever in 2011, farmers in central Texas are having one of their best crop years in 2012.

John Perryman farms near Moody, Texas—midway between Dallas and Austin.  He grows wheat, grain sorghum, cotton and a little bit of corn. 

Perryman says his wheat averaged over 60 bushels per acre this year, and he recently harvested what he calls “a record-breaking sorghum crop” that averaged over five-thousand pounds—or about 90 bushels—per acre.

“We usually shoot for 3,500 to 4,000 pound yields on grain sorghum—so we topped that by quite a bit,” he says.

Cotton harvest is about ready to get underway and Perryman says it also looks like an excellent crop.

“We’ve got probably a bale-and-a-half crop right now—maybe two—I’m hoping for a bale-and-a-half,” he says.

“Our insurance guarantees are probably just a little under one bale—but you’re looking at long-term averages. Last year, during the dry weather, we didn’t hardly make a half a bale of cotton—so it’s about three times what we made last year and about twice of a normal crop.”

Perryman says cotton is usually the big “money-maker” on his farm, but he says cotton prices are depressed this year.  He says the local price is around 65 cents a pound compared to a dollar a pound last year.

AUDIO: John Perryman (8:38 MP3)