Home / Knowledge / News / Textiles / NCC PIS projects 14% slump in cotton planting acreage
NCC PIS projects 14% slump in cotton planting acreage
14
Feb '09
U.S. cotton producers intend to plant 8.11 million acres of cotton this spring, down 14 percent from 2008, according to the National Cotton Council's 26th Annual Early Season Planting Intentions Survey.

Upland cotton intentions are 7.97 million acres, a decrease of 14 percent from 2008. Extra long staple (ELS) intentions of 142,000 acres represent a 19 percent decline from 2008. The results were announced at the NCC's 2009 Annual Meeting, which began today in the nation's capital.

Assuming an average abandonment rate of 9.4 percent, total upland and ELS harvested area would be about 7.35 million acres. Applying state-level yield assumptions to projected harvested acres generates a cotton crop of 12.76 million bales, compared to 2008's total production of 13.04 million bales. Assuming average seed-to-lint ratios, 2009 cottonseed production is projected at 4.35 million tons, down from 4.43 million last year.

The NCC survey was mailed in mid-December, 2008 to producers across the 17-state Cotton Belt. Survey responses were collected through mid-January.

Based on survey results, all four regions show intended upland cotton planting area decreases from last season. The West and Mid-South show the largest percentage drops of 31 and 23 percent, respectively. Smaller reduction of 18 and 9 percent are expected in the Southeast and Southwest, respectively. Only two states indicated upland expansion, Kansas at 7 percent and Florida at 3 percent.

NCC Senior Economist Dale Cougot emphasized that, “as growers look at expected returns when comparing prices for cotton against competing crops, they will be influenced by lower fuel and fertilizer costs along with agronomic considerations, such as crop rotation and weather conditions in Texas, California and parts of the Southeast. Growers will continue to monitor relative crop prices over the coming weeks. USDA's latest grain estimates, showing an increase in stock levels, highlights another major influencing factor this year. Also, the ratio of crude oil at $45 per barrel to corn at $4 per bushel does not foretell profitable ethanol production.”

Survey respondents through the Southeast indicated declining acreage, except for Florida at the expense of peanuts. Alabama reported the largest percentage reduction at 33 percent, followed by Virginia at 23 percent and Georgia at 17 percent. These three states' survey responses showed shifts to both corn and soybeans. South Carolina and North Carolina plan cutbacks of 18 percent and 12 percent, respectively, as growers primarily shift to soybeans.

Results for all of the Mid-South states, except for Tennessee's expected 4 percent decrease, signified sharp declines in the 25 percent range. The majority of growers' intentions are to transfer to soybeans. The largest Mid-South state decreases were seen in Arkansas (-29 percent), Mississippi (-27 percent), Louisiana (-26 percent) and Missouri (-24 percent).

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search