When Prices Improved, Producers Responded
Tommy Horton
They found out that even though corn is an excellent rotation crop with cotton, there were hidden costs in corn production – storage, transportation and adequate water supplies, to name a few. Suddenly, the switch to cotton looked like the right decision for the new season.
We share all of this background information to point out how the stage was set for what economists now project as the beginning of cotton's comeback in 2010. Not surprisingly, it also happens to be the theme of this month's issue of Cotton Farming.
Viewed from any angle, today's farmer has to be flexible enough to respond to market signals. When the New York cotton futures contract moves into the mid-70 cent range, decisions have to be made. Acreage shifts occur. This trend, which figures to continue through most of 2010, has had a ripple effect across the Belt.
source : cottonfarming
Tommy Horton
They found out that even though corn is an excellent rotation crop with cotton, there were hidden costs in corn production – storage, transportation and adequate water supplies, to name a few. Suddenly, the switch to cotton looked like the right decision for the new season.
We share all of this background information to point out how the stage was set for what economists now project as the beginning of cotton's comeback in 2010. Not surprisingly, it also happens to be the theme of this month's issue of Cotton Farming.
Viewed from any angle, today's farmer has to be flexible enough to respond to market signals. When the New York cotton futures contract moves into the mid-70 cent range, decisions have to be made. Acreage shifts occur. This trend, which figures to continue through most of 2010, has had a ripple effect across the Belt.
source : cottonfarming
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