Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   
   
   

Agricultural News


Farmers in OK, TX and KS Turning to Cotton Amid Drought, Grain Prices According to CoBank Report

Fri, 27 Apr 2018 09:34:04 CDT

Farmers in OK, TX and KS Turning to Cotton Amid Drought, Grain Prices According to CoBank Report The United States Department of Agriculture predicted a significant increase in cotton production in the largest cotton producing state in the U.S., Texas. However, cotton watchers are interested in the apparent northern shift of cotton-planting into Oklahoma and Kansas. While cotton infrastructure looks for new opportunities, CoBank’s Knowledge Exchange Division took a look at the underlying reasons for the shift and the future outlook for cotton in these areas.



According to the report, there are five major factors driving the boom: Unprofitable prices for grain crops, declining water availability, round bale harvesters, better genetic varieties of cotton, and the increased optimism about a cotton farm-program reentering into the Farm Bill.



“The projections of increased planting are sending signals through the cotton industry that more ginning capacity and storage capacity is needed,” said Ben Laine, a senior industry analyst with CoBank. “We are already seeing some cooperative gins in Kansas expanding capacity, sometimes doubling the previous year’s, and others in all three states are increasing storage capacity by upwards of 30 percent.”



While more cooperatives are considering capacity increases both in ginning and storage, the number one question is the sustainability of the crop in these regions.



“However cotton is included in a crop rotation, the underlying infrastructure investments and the long-term economics compared to other crops show cotton is sustainable in these typically grain-dominated areas,” said Laine.



The full report, “Cotton’s Northern Expansion” is available at CoBank.com.



Source - CoBank




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Farm Bureau President Zippy Duvall Says Farmers "Perplexed and Outraged" by Farm Bill's Failure  Fri, 18 May 2018 14:30:45 CDT
  • National Association of Wheat Growers Reiterates Farmers Need of Timely Farm Bill Reauthorization  Fri, 18 May 2018 14:28:09 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, May 18, 2018  Fri, 18 May 2018 14:25:32 CDT
  • Friday Market Wrap-Up with Justin Lewis  Fri, 18 May 2018 14:16:12 CDT
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 18 May 2018 14:14:11 CDT
  • Oklahoma Farm Bureau President Rodd Moesel Expresses His Shared Disappointment in Farm Bill Fail  Fri, 18 May 2018 14:11:55 CDT
  • National Farmers Union Suggests Farm Bill's Failure a Reflection of Family Farmers' Real Concerns  Fri, 18 May 2018 14:03:45 CDT
  • National Corn Growers Assoc. Urges House Leaders to Quickly Resolve Their Farm Bill Differences  Fri, 18 May 2018 13:55:09 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association Oklahoma City Farm Show

    Search OklahomaFarmReport.com

    Find more about Weather in Oklahoma City, OK

       
       
    © 2008-2018 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.